There's No Such Thing As Too Much Fun -- September 15, 2023

Locator: 45661INV.

Word play:

• US economy: resilient
• AI: inevitable
• Texas heat: unrelenting
• Ballmer: buffoon
  

WTI: $91.15 was the high earlier this morning but has since dropped back.

Industrial production: up solidly in August. Up 0.4% vs 0.2% expected.

UAW strike: you know -- targeting one factory at each of the Big Three -- this is a new tactic -- how this plays out -- this is quite counter-intuitive -- 

but ... the bad news -- comes at a time when the auto manufacturers need cash to transition to EVs  ...

but ... but .. but ...there is also incredibly "good news" for the CEOs -- assuming they are nimble ... 

this is an opportunity for auto manufacturers to benefit when sales of some models are slowing down significantly... manufacturers could ramp up operations where factories are not targeted for strike action and cut production elsewhere without announcing a management decision to cut production due to slow sales ... for Wall Street, it's the headline that matters, not the facts.

wow, wow, wow ... a CNBC analyst has just said the same thing.

Hunch: CEOs/management have the advantage, not the UAW ... UAW waited too long to strike ...

Sara Eisen: I haven't watched / or seen Sara Eisen recently -- for at least a year? First thoughts when I saw her today -- way too much hair. The "original" Breck girl? There's no such thing as "too much hair." Welcome to Friday.

Whoo-hoo! Link here.

For investors, "oil" is now a utility -- and oil companies will trade accordingly -- and will be so for decades assuming the EV revolution succeeds.

If the EV revolution falters, the oil sector will surge for investors (and my heirs -- I doubt my investing life time will exceed another ten years).

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AAPL

It looks like Arm is pulling AAPL up -- pre-market AAPL is up nicely.

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Sophia: When She Heard The News That WTI Was Surging

Wow, she's got the pedal to the metal pulling a skier -- I'm impressed. LOL. That's from summer camp this past summer.