It's Only Halftime, So Anything Can Change, Anything Can Happen, But It Looks Like The Dallas Mavericks Have Had Enough Of The Timberwolves -- May 30, 2024

Locator: 48000THEFATLADY.

In the western conference (NBA) playoff, total number of points separating winners from losers -- total number of points, all games = 18 points. 

Right now, at halftime, in game five, Dallas leads the series 3 - 1, the (halftime) score is 69 - 40. 

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A Pyrrhic Victory

If Trump were to win the presidency this fall, the case today will be the Pyrrhic victory of all Pyrrhic victories. 

34 counts decided in a couple of hours. I haven't followed the case at all, but wow, it  certainly has that feel of a "kangaroo court." 

I read today that Bill Ackman will support Trump. Need to fact check. And I did. Easy enough. 

Back to Trump. 

The "fat lady" (the jury) has sung. A month from now, the polls will clearly show what the audience heard.

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Weekly EIA Report

Link here.

• a 4.2-million-bbl draw;
• crude oil supplies 4% below five-year average;
• refineries at a a very respectable 94.3% capacity
• jet fuel supplied was up 1.9% compared to same period one year ago

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Investing

Link here to Barron's.

Industrial stocks have soared—but their run may only be getting started.

Yes, it’s been a good year for the group. The Industrial Select Sector exchange-traded fund—home to manufacturers such as Caterpillar and General Electric; transport companies Union Pacific, FedEx , and United Parcel Service ; airlines; and even Uber Technologies —has gained about 11% this year after dropping a bit this past week.

That outpaces the S&P 500’s roughly 8% rise.

Whether one clocks 11% or 8%, the important thing is to keep investing, keep reading, keep paying attention. 

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US Air Traffic

Link here.