Focus On Fracking -- July 23, 2023

Locator: 45186B.

Focus on fracking, link here.

Earnings This Coming Week -- July 23, 2023

Locator: 45185INV. 

Investing Links

Random links:

• The bear market is close to being erased. Stuart Wallace. Link here.
• What next? Three Wall Street strategists. Link here.
• MS: credits Bidenomics for "stronger than expected" GDP. Previously posted.

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Earnings This Next Week

Earnings this week.

Link here.

Chips, Apple, TSM, And All That Jazz -- Another Update -- July 23, 2023

Locator: 45184AI. 

Chips, semiconductor: link here.

• Home page for tech: link here.
• The cloud: link here.  
• Streaming: link here. Streaming wars.

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New Links

Apple: MacBook Pro and Mac Mini with M3 chips to launch next year (2024). Link here.

Apple: reportedly planning to switch technology behind A17 bionic chip to cut costs next year. Link here.

TSM: TSMC's 3nm journey -- slow ramp, huge investments, big future, January 17, 2023. Link here.

TSM: TSMC exceeds 3nm yield expectations and production can start sooner than planned. March 4, 2022. Link here. NOTE DATE.

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YOLO, FOMO

Terms explained, Business Insider, July 23, 2023. Link here.

YOLO consumers driving this economy, Business Insider, July 11, 2023. Link here.

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Bidenomics

MS: economy much stronger than expected. Link here.

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A Day In The Life

Link here.

WTI Is Moving Sunday Evening -- July 23, 2023

Locator: 45183B.

WTI: is oil moving! Right now, early Sunday evening, WTI has jumped almost 2%; up $1.42; and, trading at $77.07.

CVX earnings:

• beats estimates
• earnings: $6.01 billion; down 48% from period one year ago; $3.08 / share;
  
• forecast: $5.5 billion; $2.97 / share;
• full earnings at end of week.
• from the Permian: 
• 772,000 boe cumulative in the quarter, a record
• 9,000 boepd in round numbers, from the Permian
• a few days ago, Simply Wall Street took a look at CVX;
  

This begins an incredible week for earnings reports.

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The Book Club

Two books today.

One a throw-away.

The other, an epic.

The Secret Language of Doctors: Cracking the Code of Hospital Culture, Dr Brian Goldman, c. 2014. 610.14GOL. Notes.

1917: War, Peace, and Revolution, David Stevenson, c. 2017. 940.3STE. Notes.

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The Art Club

From current issue of The New York Review of Books: Vermeer.

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Swinging

Link here. 

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The Music Video Page 

Just the links for now.

Lana Del Rey: Venice Bitch. 

• It will be interesting how "history" treats Lana Del Rey.
• There are only a handful of writer-singers this prolific.
• Lennon-McCartney. Willie Nelson. Lana Del Rey. Others?

The Young Punx: all these things are gone.

What We Will Be Talking About This Week -- July 23, 2023

Locator: 45182INV.

The usual disclaimers. 

The following includes facts, factoids, and opinions. My comments are interspersed with comments from others. 

Investing:

• it's all about "the Fed" this week;
• regardless of what happens, it's going to be a win-win for investors.
• currently, Dow: longest rally since 2017
  

AI: the new revolution:

• it was shale / tight oil / unconventional oil revolution: 2000 - 2010
• AI revolution: 2022 - 2032
• began with ChatGPT: launched November 30, 2022

Spatial computing -- the revolution:

• began with Vision Pro, Apple: launched June 5, 2023
• part of AI or something entirely different?
  

Chips:

• perhaps a recap is needed?

Oil:

• myths / memes
• under-investment
• importance of SPR
• Dubai
  

Off-shore wind, link here:

• dead.
• the US east coast elite can rest easy
• let Texas, Oklahoma, Kansas, Oregon carry the load
• few Americans have a dog in this fight; most don't care;
• Texas: maybe a pleasant surprise?
  

Ukraine:

• the invisible war?
• with both sides now weapon-depleted, has this turned into a “WWI-style stalemate”?

Entertainment:

• Barbie, yeah, she's that big
• Oppenheimer: over at my literature blog, these posts with Oppenheimer:
• Ray Monk's 2012 biography;
• 109 East Place, Los Alamos; Jennet Conant, 2005.
• 109 East Place, also here.
• The Age of Entanglement, Louisa Gilder, 2008.
• Disturbing the Universe, Freeman Dyson, c. 1979.
• Turing's Cathedral, George Dyson, c. 2012.
• Word Virus, William S. Burroughs, c. 1998.

US Navy:

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Barron's

July 17, 2023

Recession obsession: Did the recession already happen? It would explain a lot. Ben Levisohn. Another "analyst" obsessed with the word "recession."

Recession: other quirky indicators to "predict" a US economic slump.

Meme stocks are rallying. This time they're not funny. Jack Hough. 

Music ETF. MUSQ.

• Taylor Swift breaking records.
• her ERAS tour may end up grossing a record one billion dollars (and she hasn't lost any money on Bitcoin, yet).
• Spootify Technology: up 100% this year

Frontier Communications: full page; high-speed internet could boost this stock.

The Microsoft deal; how it could revive M&A. Half page. BRK prominently mentioned as one winner.

Barron's mid-year roundtable:

• ten pros
• 40 picks listed
• not one was oil (of course, I could have missed something; if I did, it did not stand out).
• other than Deere being mentioned, not much there:
• Mario Gabelli has nice summary
• Abby Joseph Cohen: in the no-recession camp back in January, 2023; a non-consensus view;
• her views haven't changed much since then

Netflix:

• Hollywood faces a perfect storm; why Netflix still wins.
• my comment: do you remember how Clint Eastwood got started?
• Hollywood could be in a big trouble

July 24, 2023

Wind energy: headline article; three full pages; off-shore power's new problems.

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Honda Mileage
2011 Honda Civic

March 26, 2022	122,088	6.42	3.68	23.62	182	28.34	0.13
June 8, 2022	122,263	6.75	4.60	31.06	175	25.91	0.18
June 21, 2022	122,435	6.20	4.68	28.99	172	27.76	0.17
June 29, 2022	122,670	7.61	4.44	33.77	235	30.89	0.14
July 14, 2022	122,901	7.65	3.94	30.31	231	30.20	0.13
Sep 14, 2022	123,090	6.96	3.29	22.89	189	27.16	0.12
Oct 31, 2022	123,335	9.18	3.05	28.00	245	26.69	0.11
Dec 16, 2022	123,552	8.48	2.50	21.20	217	25.59	0.10
January 6, 2023	123,748	7.24	2.79	20.91	196	27.07	0.11
February 24, 2023	123,956	8.20	2.74	22.46	208	25.37	0.11
March 25, 2023	124,242	9.45	3.09	29.20	286	30.26	0.10
April 8, 2023	124,487	8.25	3.33	27.47	245	29.69	0.11
May 9, 2023	124,744	9.22	2.87	26.46	257	27.87	0.10
July 23, 2023	125,000	9.69	3.22	31.19	256	26.42	0.12

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Disclaimers 

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.

Initial Production Data For Wells Coming Off Confidential List This Next Week -- July 23, 2023

Locator: 45181B.

The wells:

• 39473, conf,  Ovintiv USA, Newman 150-97-21-16-14H, Siverson, no production data,
• 39436, conf, Eagle Operating, V-M 5-7, Feldner Coulee, no production data,
• 39157, conf, CLR, Kiefel 4-36H, West Capa, no production data,
• 39474, conf, Ovintiv USA, Newman 150-97-21-16-2H, Siverson, no production data,
• 39158, conf, CLR, Kiefel 5-36H, West Capa, no production data,
• 39338, conf, Petro-Hunt, Mongoose 149-102-8C-5-4H, Charbonneau, no production data,
• 38686, conf, Hess, GO-Ron Viall-156-98-2513H-1, Wheelock,

Date	Oil Runs	MCF Sold
5-2023	30557	68838
4-2023	14815	28516
3-2023	12288	20309
2-2023	50361	41098
1-2023	833	686

• 39339, conf, Petro-Hunt, Arsenal Federal 149-102-17B-20-4H, Charbonneau, no production data,
• 39159, conf, CLR, Kiefel 6-36H, West Capa, no production data,
• 38948, conf, Hess, BW-Rolfson-151-98-2116H-15, Siverston

Date	Oil Runs	MCF Sold
5-2023	20325	61752
4-2023	27000	76202
3-2023	27279	61488
2-2023	47140	52551
1-2023	5673	5814

• 39475 conf, Ovintiv USA, Newman 150-97-21-16-15H, Siverston, no production data,
• 39509 conf, CLR, Vance 4-14H, Dollar Joe, no production data,
• 39476 conf, Ovintiv, Newman 150-97-21-16-6HR, Siverston, no production data,
• 39508 conf, CLR, Vance 3-14H, Dollar Joe, no production data,
• 38949 conf, Hess, BW-Rolfson-151-98-2116H-16, Siverston,

Date	Oil Runs	MCF Sold
5-2023	23122	64582
4-2023	29234	84118
3-2023	29855	70792
2-2023	55224	72883
1-2023	17683	23146

• 37178 conf, Hess, EN-Davenport-156-94-1003H-7, Big Butte,

Date	Oil Runs	MCF Sold
2-2023	2	106
1-2023	215	254

• 39507, conf, CLR, Vance 2-14H, Dollar Joe, no production data,
• 39135, conf, Iron Oil Operating, Antelope 2-33-28H, Sather Lake,

Date	Oil Runs	MCF Sold
6-2023	15020	0
5-2023	17552	16415
4-2023	17850	15214
3-2023	16980	15960
2-2023	15386	8052
1-2023	3849	0