Sunday, November 3, 2024

Sunday Morning Tennessee -- November 3, 2024

Locator: 48695TENNESSEE.

A huge apology of sorts: I've gotten some nice e-mail over the past few days from several readers. I've tried to at least reply quickly in all cases, but my replies have not been as much as I wold like -- we're traveling and I’m not able to spend as much time on the blog.

Today: we will sit and watch the leaves change colors -- from green to red to yellow to orange here in the Tennessee mountains. But first, I think I will have a second -- or is it -- my third cup of coffee? Hurricane Mills, Tennessee -- no exit from the interstate identified. What a hoot; what a treat. Hotel, we thought was brand new. Not quite; it's been here for awhile but it's been completely refurbished. It is really, really nice. 

EVs: Ford Motor's October surprise. The WSJ. The EV story has turned into quite a debacle. EVs are tracked here.

Chips: there's a difference between investing and trading. And then there's always "hope springs eternal." Do traders / investors even read more than the headlines when it comes to investing?

Buffett's recent trading/investing: "A riddle wrapped in a mystery inside an enigma."

Apple's incredible quarter (July-August-September, 2024)

California electricity rates. Quick! Why is Governor Newsom suddenly concerned about the high cost of electricity in his state. Hint: it has nothing to do with voters. Absolutely nothing at all. Hint: Intel.

California gasoline prices: set to rise again. Source: Charles Kennedy.

Quick: where is Intel headquartered today?

Beth: link here. By 2026, 2027, maybe 2028, Intel won't even have its foundries completed in Ohio


Chips are followed here. Tech is followed here.

When is a surprise not a surprise: this was made official just a couple of months ago.



Wells Coming Off Confidential List This Next Week -- November 3, 2024

Locator: 48694WELLS.

Wednesday, November 13, 2024: 16 for the month; 16 for the quarter, 590 for the year
None.

Tuesday, November 12, 2024: 16 for the month; 16 for the quarter, 590 for the year
40557, conf, CLR, Christopherson 5-14H,

Monday, November 11, 2024: 15 for the month; 15 for the quarter, 589 for the year
40637, conf, CLR, Vandeberg 5-35H,

Sunday, November 10, 2024: 14 for the month; 14 for the quarter, 588 for the year
42323, conf, Grayson Mill Operating, Hovland 26-35 XE 1H,
40316, conf, Grayson Mill Operating, Hovland 26-35 9H,
40315, conf, Grayson Mill Operating, Hovland 26-35 8H,
40292, conf, Grayson Mill Operating, Hovland 26-35 7H,

Saturday, November 9, 2024: 10 for the month; 10 for the quarter, 584 for the year
40638, conf, CLR, Christopherson 6-14H,

Friday, November 8, 2024: 9 for the month; 69 for the quarter, 583 for the year
None.

Thursday, November 7, 2024: 9 for the month; 69 for the quarter, 583 for the year
None.

Wednesday, November 6, 2024: 9 for the month; 69 for the quarter, 583 for the year
40310, conf, Hess, EN-Rice A-155-94-0310H-8,

Tuesday, November 5, 2024: 8 for the month; 68 for the quarter, 582 for the year
40639
, conf, CLR, Vandeberg 6-35H,
40309, conf, Hess, EN-Rice A-155-94-0310H-7,

Monday, November 4, 2024: 6 for the month; 66 for the quarter, 580 for the year
None.

Sunday, November 3, 2024: 6 for the month; 66 for the quarter, 580 for the year
40640, conf, CLR, Christopherson 7-14H,

Saturday, November 2, 2024: 5 for the month; 65 for the quarter, 579 for the year
40641, conf, CLR, Vandeberg 7-35HSL,
39639, conf, Hess, TI-State-LN-158-95-3635H-1,

Week 44: October 27, 2024 -- November 2, 2024

Locator: 48693TOPSTORIES.

Not a bit surprising: the US EV story.

From Geoff Simon last week:

  • construction continues at the David Refinery site, west of Belfield, Meridian Energy Group
  • MDU spins off its construction services subsidiary, Everus Construction Grop, forming a separate independent public company

Top story of the week

  •  a relatively quiet week in the Mideast, as Israel prepares for a retaliatory blow form Iran via .... wait for it ... Iraq
  • Intel and Dow kicked off the NYSE DJIA -- replaced by Nvidia and Sherwin-Williams

Top international non-energy story:

  • Ukraine: same ol', same ol' -- except North Korea has now sent 8,000 troops to help Russia

Top international energy story:

  • OPEC+ has delayed plans to increase oil production; can't afford to see oil prices drop any more than they already have.

Top national non-energy story:

  • if polls are correct, Harris will win by a landslide
  • polls suggest Iowa has flipped to Harris

Top national energy story:

  • WTI moves slightly higher; back up over $71

Focus on fracking: current link here. Generally updated late Sunday night.

Top North Dakota non-energy story:

Top North Dakota energy story:


Geoff Simon's quick connectslink here.

The market in a nutshell: At the close -- after a very volatile week, a nice close on Friday --