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Monday, April 1, 2024

WTI Up Almost A Buck; Solidly Above $84 -- Monday, April 1, 2024

Locator: 46885B.

SPORTS tonight: LSU vs Iowa; and, U Conn vs USC, women's NCAA Elite Eight -- last two games to decide Final Four:

Never let a crisis go to waste: watch the Biden administration shower money on Baltimore. 

  • or "helicopter" money, as others would say. 
  • Peter has it exactly right, but that won't stop the huge amount of money headed Baltimore's way.

Market: I missed Cramer this a.m. Will have to see what the "Half-Time Report" panelists say.

  • one anchor / three panelists
  • all very positive about the market, the economy
    • the CNBC program that followed, talking heads still see at least one rate cut in 2024, maybe two, and possibly three; no one is yet mentioning a rise in interest rates this year
  • Goldilocks environment: yes, the first panelist said that; and reiterated that -- Goldilocks economy
  • Fed won't raise rates
    • if no cut, that's fine:
  • essentially re-states everything I posted here yesterday.

Personal investing: VZ and lots of it today; pays 7%; no recommendation; see disclaimer

MSFT: up strongly today

  • news: split off Teams from Office -- huge -- for those who know, know

Copper: up, again, as is oil.

  • SCCO: on a down day for the market, up almost 1%

ASML: most interesting -- is surging today. 

EPD: huge news today. On a "down"day for the market, EPD is up almost 1%.

FEDEX: down almost 3% today.  

  • but, so, too, UPS falls, 1.39%. 
  • the other logistics company, AMZN, up 0.25%. 


Putin, Russia
: big "call-ups" for the military; 

  • also in the news, oil sanctions finally starting to hurt Russia

************************
Back to the Bakken

WTI: $84.12.

Tuesday, April 2, 2024: 2 for the month; 2 for the quarter, 201 for the year
38972, conf, SOGC, Harris Federal 3-31H,

Monday, April 1, 2024: 1 for the month; 1 for the quarter, 200 for the year
39402, conf, Hess, TI-Ives-157-94-0601H-2, 

RBN Energy: Happy Easter!

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