Wednesday, January 5, 2022

Financial And Economic Notes -- January 5, 2022

Disclaimer: this is not an investment site.  Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here

Commentary on EVs: I was slow to "coming around" to EVs but slowly I'm starting to get the feeling there is some clarity here. I guess I will continue this discussion elsewhere.

PFE: shares up 2% in pre-market trading as Biden announces that it has asked Pfizer to double the production of "Covid-19 pills." Jim Cramer advocates US distributing the "Covid-19 pill" free of charge to every American. Okay. Later: just announced. US raises "order" to 20 million from 10 million for the new "Covid pill." BofA analyst suggests the "pill" could raise PFE's current cash horde from $40 billion to $100 billion, or something along that line.

GM: another look at all the excitement yesterday with regard to GM. Link here.

  • For the record, GM sales totals show it sold one Hummer EV in the fourth quarter and 25 Bolts for a total EV sales of 26 vehicles. A 2022 theme.

Daimler Truck: it looks like we're almost there -- for the new Daimler Truck Group to start trading ADRs on NYSE. From Merrill Lynch this morning:

EPD: Wall Street will be looking for positivity from Enterprise Products Partners as it approaches its next earnings report date. The company is expected to report EPS of $0.55, up 7.84% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $11.31 billion, up 60.54% from the prior-year quarter. Zacks

JNJ: quarterly dividend of $1.06 remains unchanged; dates: 2/18/22; 2/22/22; 3/8/22.

Have we jumped the shark? From social media:


Never sure what this means? Link here.

First group "financial / economic" indicators:

  • 10-Year Treasury: link here. 1.653%. After small jump this past week, it has stopped rising for at least one day.
  • DXY: link here. 96.05, down slightly.
  • Silver: link  here. Continues to rise, now at $23.215.
  • CBOE volatility index: link here. Up slightly at 17.11.

2 comments:

  1. Better to be Norwegian than Danish. Although mostly Norge/Swede do have a splash of Dane as well.

    ReplyDelete
    Replies
    1. It would be interesting to get the genetic profiles of the various Scandinavians ... "23andme," for example, or whatever it's called.

      My hunch is "we" all trace our heritage to Sven and Inga. Or, maybe Olaf and Inga. LOL.

      Delete

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