Locator: 45886TRACKANDFIELD.
I'm still reviewing this video to verify it's accuracy.
Blogging may be delayed a few minutes.
I believe the video shows four races. The last heat/race is most amazing.
Texas A&M.
An engineering school.
Whatever their admissions criteria, Harvard could learn something.
Locator: 45885WIND.
This is an interesting issue: usually with anything new, that succeeds, there are the "early adopters" and them sometime later, that "new" thing becomes mainstream. There's a tipping point.
One almost gets the feeling with regard to renewable energy, specifically, wind and solar, not only have we not reached that tipping point, but "things" appears to suggest "we" are moving backwrds, we may be moving away from renewable energy as we get to know it better.
The concern here is that "pushback" may be part of a much wider issue.
From the link:
Time will tell.
Locator: 45883B.
WTI: $69.79
Three permits renewed:
Locator: 45882RUSSIA.
There are reports that "some Russians" were sent $6 billion by the US / CIA as a special type of "GoFundMe" request to help make this happen (see below). It appeared neither Vladimir nor General Prigozhin were able to get this ball rolling without some outside funding.
There are rumors that some folks in Washington, DC, did not support this but the president stepped in and said, "Let It Be."
So, with a "Little Help From Their Friends" in the CIA (?), the Russians "forced" a merger.
And that, boys and girls, is how Big Finance does things.
Tomorrow: how to use a viral pandemic to "GoFundMe" to keep the US bull market going for the Big Banks on Wall Street. Spoiler alert -- it ensured the banks would "pass" the stress test so the banks could reward their shareholders with big dividend increases. ABBA helps explain it with "Gimme Gimme Gimme" and "The Winner Takes It All."
"Money, Money, Money."
Wednesday: George Harrison, and "Taxman."
Re-posting:
*********************************
Meanwhile Putin Takes Charge:
A Corporate Takeover Of Wagner
The story begins:
In the wake of a mutiny that almost reached Moscow, Vladimir Putin is facing a new test—managing one of the most complex corporate takeovers in history.
Inside the Wagner Group’s sealed-off glass tower headquarters in St. Petersburg, agents from the Federal Security Services, or FSB, have been scouring the offices for evidence against Yevgeny Prigozhin, the Wagner chief who led last month’s insurrection.
New Kremlin-backed military contractors are launching recruiting drives on Russian social-media networks with recruitment ads to poach some of Wagner’s 30,000 mercenaries, hackers and moneymen, whom the longtime ally of President Putin deployed to Ukraine, the Middle East and Africa.
Across St. Petersburg, Russian law enforcement took computers and servers at Prigozhin’s Patriot Media Group, a key piece of a communication empire that once included the Internet Research Agency, the social-media organization that pumped millions of pro-Kremlin messages onto social-media channels and caused mayhem in the 2016 U.S. presidential election, according to staff and text messages reviewed by The Wall Street Journal. A likely new owner of Patriot Media, the messages say, is National Media Group, chaired by Alina Kabaeva, the Washington-sanctioned rhythm gymnast the U.S. government believes to be the mother of at least three of Putin’s children.
Locator: 45881ECON.
The results are not all in yet, but ... does this look like we're in a "mild recession" (Charlie Munger) or a pre-recession? Asking for Alexa.
Re-posting.
Locator: 45874AUTO.
*************************
Stellantis
Pricing, link here:
Higher sales of the Chrysler Pacifica minivan and Jeep Compass and Dodge Durango SUVs pushed Stellantis’ second-quarter U.S. new vehicle sales up 6.4% from a year earlier. The uptick is another sign of demand for new vehicles rebounding, as inventories of cars and trucks improve from historically low levels during the coronavirus pandemic and supply chain problems. [Those in bold are high-end models.]
Stellantis’ sales increase is expected to be among the lowest of the second quarter, according to auto industry forecasters who project industry sales to have increased 16% to 18% during that time compared with a year earlier.
*************************
Rivian
RIVN: shares surges 2Q23 sales come in better than forecast.
All car sales here: link here.
Tesla: update here.
Market:
*********************************
More, pending.
Forbes, US auto sales will likely gain in June, 2023, on bigger inventory, pent-up demand.
************************
Sell In May, Go Away
Locator: 45880B.
June 18, 2023, was my "storied" post for Tesla. One of my best "calls" ever. LOL.
On Friday, June 16, 2023, TSLA was trading at $260 / share.
Today: at $280, up $18 today; up 7%.
Six months ago, January 3, 2023: $110 -- just saying.
I'm not even going to look at NVDA.
*****************************
The Book Page
Cells To Civilizations: The Principles of Change that Shape Life, Enrico Coen, c. 2012. 576.8COE.
I think about these things a lot.
One: those little roly-poly bugs you see every summer in the cool recesses of your home -- they have the same DNA material, the same genetic material that started it all more than 3.5 billion years ago.
Two: Mars and Venus keep showing up, right on schedule, night after night after night, for billions of years.
Three: how tricky it is for modern civilizations -- which took thousands of years to evolve -- to not slip into chaos.
Four: France.
Locator: 45879ECON.
**************************
The Book Page
Queen Isabella: Treachery, Adultery, And Murder In Medieval England, Alison Weir, c. 2005. BISA. [Biography: ISA].
Newgate Street, London.
Ruins of Christ Church (WWII blitz); the site of Christ's Hospital, the Blue Coat School founded by Edward VI in the 16th century; destroyed during the Great Fire of 1666, and rebuilt by Christopher Wren.
Christ Church Greyfriars, also known as Christ Church Newgate Street, was a church in Newgate Street, opposite St Paul's Cathedral in the City of London.
Established as a monastic church in the thirteenth century, it became a parish church after the Dissolution of the Monasteries. Following its destruction in the Great Fire of London of 1666, it was rebuilt to the designs of Sir Christopher Wren. Except for the tower, the church was largely destroyed by bombing during the Second World War. The decision was made not to rebuild the church; the ruins are now a public garden. Steeple finished in 1704.
This church was originally built in 1225; later endowed and reconstructed through the generosity off pious medieval queens; 14th century, the royal mausoleum rivaled Westminster Abbey as the resting place of crowned heads. The splendors long gone, disappeared after Henry VIII dissolved the monastery in 1538, during the Reformation.
One of those buried in Greyfriars Church at Newgate, and whose tomb was lost, was Isabella of France, Edward II's queen, one off the most notorious femmes fatales in history.
One of her favored residences: Castle Rising in Norfolk.
Followed elsewhere; see link above.
Locator: 45878H2.
July 3, 2023: hydrogen energy requires a lot of .... water. And the sites around the world being proposed for hydrogen generation don't have a lot of ... water. Link here.
*********************
The Book Today
Sophia Tolstoy: A Biography, Alexandra Popff, c. 2010.
Locator: 45877UKRAINE.
Old news: Wagner Group shoots down Putin's vaunted AWACS plane, the IL-22M.
The Russian IL-18.
This is what caused all the fuss:
In its move to advance north of Rostov-on-Don towards Moscow Saturday, Wagner forces shot down a "high value" Russian IL-22M airborne command post aircraft outside the town of Bugaevka, killing its crew and destroying one of the 12 "special mission aircraft."
From wiki, the Russian IL-22. The Russian inventory: 12. The number that are operational: unknown. The number that can actually fly: unknown.
From wiki, the Russian IL-18:
Other sources:
*********************************
Meanwhile Putin Takes Charge:
A Corporate Takeover Of Wagner
The story begins:
In the wake of a mutiny that almost reached Moscow, Vladimir Putin is facing a new test—managing one of the most complex corporate takeovers in history.
Inside the Wagner Group’s sealed-off glass tower headquarters in St. Petersburg, agents from the Federal Security Services, or FSB, have been scouring the offices for evidence against Yevgeny Prigozhin, the Wagner chief who led last month’s insurrection.
New Kremlin-backed military contractors are launching recruiting drives on Russian social-media networks with recruitment ads to poach some of Wagner’s 30,000 mercenaries, hackers and moneymen, whom the longtime ally of President Putin deployed to Ukraine, the Middle East and Africa.
Across St. Petersburg, Russian law enforcement took computers and servers at Prigozhin’s Patriot Media Group, a key piece of a communication empire that once included the Internet Research Agency, the social-media organization that pumped millions of pro-Kremlin messages onto social-media channels and caused mayhem in the 2016 U.S. presidential election, according to staff and text messages reviewed by The Wall Street Journal. A likely new owner of Patriot Media, the messages say, is National Media Group, chaired by Alina Kabaeva, the Washington-sanctioned rhythm gymnast the U.S. government believes to be the mother of at least three of Putin’s children.
Locator: 45876INV.
Re-posting:
Locator: 44844ECON.
Updates
June 7, 2023:
Later, 9:17 p.m. CT: others think differently — https://twitter.com/JaguarAnalytics/status/1661490357043884033.
Later, 7:40 p.m. CT: link here. Note the margins.
Later, 7:40 p.m. CT: link here.
Later, 6:08 p.m. CT: link here.
Original Post
Shares up almost 10% after-hours; up $35; trading at $338.
Numbers exciting;
Later: shares now up about 14%.
All-time highs.
Trending toward being up 15%.
Others:
NVDA:
Now, 3:32 p.m. CT, NVDA:
Now, 3:34 p.m. CT, NVDA:
"Starting to lift the other boats."
At 3:36 p.m. CT, NVDA:
Market cap bigger than BRK.
NVDA: flash -- for a moment -- up over 20%.
Meanwhile:
You can lead horses to water ....
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.
All my posts are done quickly:
there will be content and typographical errors. If anything on any of
my posts is important to you, go to the source. If/when I find
typographical / content errors, I will correct them.
Again, all my posts are done quickly. There will be typographical and content errors in all my posts. If any of my posts are important to you, go to the source.
This is how it will end for the after-market today, NVDA:
Only one question: how did Warren miss this one?
After earnings release, The WSJ:
Locator: 45874AUTO.
UPDATES
*********************
GM
Since the original post from a couple of days ago, social media is providing a bit of granularity.
The links:
*************************
Stellantis
Higher sales of the Chrysler Pacifica minivan and Jeep Compass and Dodge Durango SUVs pushed Stellantis’ second-quarter U.S. new vehicle sales up 6.4% from a year earlier. The uptick is another sign of demand for new vehicles rebounding, as inventories of cars and trucks improve from historically low levels during the coronavirus pandemic and supply chain problems. [Those in bold are high-end models.]
Stellantis’ sales increase is expected to be among the lowest of the second quarter, according to auto industry forecasters who project industry sales to have increased 16% to 18% during that time compared with a year earlier.
*************************
Rivian
RIVN: shares surges 2Q23 sales come in better than forecast.
Market:
All car sales here: link here.
*******************************
Tesla
Tesla: update here.
*********************************
More, pending.
Forbes, US auto sales will likely gain in June, 2023, on bigger inventory, pent-up demand.
Locator: 45873B.
Car sales, June, pending.
Wagner Group: where are they?
The Southern Surge: what's happening?
Tech, Nvidia. Again.
Sports over the weekend: NASCAR, PGA. Ricky Fowler wins Rocket Mortgage, how fitting.
Later: a reader wrote to say he/she had not seen any note about NASCAR over the weekend, wondering if he/she had missed a note. My very quick reply:
No, haven't posted anything. May not get to it. NASCAR was a mess over the weekend. As you know. [The reader was from Chicago, where the race was held ... billed as "the Chicago street race."]Saturday, the "junior" event cut short due rain and decision made later not to finish it on Sunday. Then, the "senior" event, on-again, off-again all Sunday due to rain / flooding -- and finally started late in the day by which time I was celebrating Sophia's birthday.At least that's what I think happened. By that time I had turned to the PGA and watched Ricky Fowler's "historic" win.
GDPNow: June 30, 2023.
I-LL 22M: Say what? See this.
BUD:
Opera:
Wind: hurting.
Tyson: to remove advertising tagline re: chicken. "No antibiotics ever." No longer true.
*************************
Back to the Bakken
WTI: $71.41.
Tuesday, July 4, 2023: 48 for the month; 156 for the quarter, 411 for the year
39438, conf, Kraken, Orbit 24-13-12-1H,
39426, conf, CLR, Bice Federal 9-32H1,
Monday, July 3, 2023: 46 for the month; 154 for the quarter, 409 for the year
35680, conf, Liberty Resources, Albertson E 158-93-27-34-4MBH,
Sunday, July 2, 2023: 45 for the month; 153 for the quarter, 408 for the year
39425, conf, CLR, Bice Federal 8-32H,
37898, conf, BR, Lillibridge 2A MBH,
35679, conf, Liberty Resources, Albertson E 158-93-27-34-3MBH,
RBN Energy: with many steps required, mining projects face trickiest path to approval, part 4.
When it comes to large-scale energy and infrastructure projects, permitting can sometimes look like a game of Whack-a-Mole, where efforts to conclude the process are continually frustrated by issues that appear (and then sometimes reappear again and again), encompassing everything from environmental reviews and the vagaries of different federal agencies to legal challenges and public (and political) opposition. But if the difficulties in building a new pipeline, transmission line, or solar farm seem immense, they pale in comparison to what developers of mining projects can face. In today’s RBN blog, we look at why mining projects take so long to develop, the unique challenges of the permitting process, and some ways that it might be improved.
Permitting for large-scale infrastructure projects can be a complicated, drawn-out process that is often easier said than done. The permitting process can drag on for years — such as with Mountain Valley Pipeline (MVP), the poster child for today’s permitting challenges — and prevent some from ever becoming a reality. As an example of how long the process can take, the TransWest Express Transmission Project, which will move 3,000 megawatts (MW) of Wyoming’s wind-generated electricity to utilities in more densely populated regions of the Desert Southwest. Even though it’s a straightforward idea, the project didn’t receive final federal approval until April — 18 years after it was first proposed — and serves as a prime example of how long the permitting process can take. New transmission lines are critically important for the development of wind- and solar-powered generation, which are increasingly running into more permitting issues at the local level as they grow in scale and move closer to populated areas.
The wells:
| Date | Oil Runs | MCF Sold |
|---|---|---|
| 4-2023 | 31265 | 60508 |
| 3-2023 | 16310 | 28726 |
| 2-2023 | 25361 | 62399 |
| 1-2023 | 35121 | 71572 |
| Date | Oil Runs | MCF Sold |
|---|---|---|
| 4-2023 | 15518 | 21499 |
| 3-2023 | 18055 | 21590 |
| 2-2023 | 19004 | 20131 |
| 1-2023 | 16927 | 18490 |
| Date | Oil Runs | MCF Sold |
|---|---|---|
| 4-2023 | 15741 | 19469 |
| 3-2023 | 21863 | 24877 |
| 2-2023 | 16169 | 19505 |
| 1-2023 | 17631 | 21239 |
| Date | Oil Runs | MCF Sold |
|---|---|---|
| 4-2023 | 14693 | 13803 |
| 3-2023 | 15769 | 14520 |
| 2-2023 | 17329 | 0 |
| 1-2023 | 10282 | 11164 |
| Date | Oil Runs | MCF Sold |
|---|---|---|
| 4-2023 | 19962 | 22304 |
| 3-2023 | 17808 | 18640 |
| 2-2023 | 24048 | 25694 |
| 1-2023 | 35171 | 38247 |
| Date | Oil Runs | MCF Sold |
|---|---|---|
| 4-2023 | 19403 | 22178 |
| 3-2023 | 21211 | 22177 |
| 2-2023 | 17036 | 17598 |
| 1-2023 | 35731 | 15820 |
| Date | Oil Runs | MCF Sold |
|---|---|---|
| 4-2023 | 15682 | 17937 |
| 3-2023 | 17418 | 18533 |
| 2-2023 | 16557 | 19500 |
| 1-2023 | 34726 | 38211 |
