Well, Well, Well -- Look At This -- Is The New York Times Playing Games? Winner, Winner, Chicken Dinner — November 11, 2024

Locator: 48746TRUMP.

Trump 2.0 tracked here. 

From there, US House being tracked here.

From there, The New York Times tracking the votes.

Right now, 11:38 p.m. CT, November 11, 2024, screenshot:

These are the eight likely races that the GOP will win. Right now, the GOP has 214 seats; needs 218 seats for the majority.

Let's take a look at the seventh one on that list: Evans, Colorado's 8th congressional district, said by The New York Times still too close to call. With greater than 95% of the votes tallied this looked fishy. So I dug a little deeper. One click and this screenshot:

One day ago, yesterday, Denver7 said that Republican Gabe Evans wins (and flips) Colorado's 8th congressional district. Whoo-hoo!

But what's the story with The New York Times? I'm sure the results of at least two other races have also been decided but I'm tired, headed to bed. We can check tomorrow.

Okay, one more. Ciscomani, Arizona -- another GOP winner.

The New York Times: losing credibility.

Valadao in California won also. That's three. 

Also, in California, Calvert won also. That's four.

And that's official.

GOP: president, US House, and US Senate.

That doesn't happen too often.

We'll see if Morning Joe reports it in the a.m.

Okay, now I'm heading to bed.

For USAF Veterans — November 11, 2024

Locator: 48745USAF.

 https://www.youtube.com/shorts/4VAU9SZIYFg

https://www.youtube.com/watch?v=D1F1lvyKAIg

https://www.youtube.com/shorts/r2NvuuTddSA

https://www.youtube.com/shorts/k-il7_jZOc4

https://www.youtube.com/shorts/Pd_jhq_bDuY

https://youtu.be/u9Dg-g7t2l4?si=15IPb2ZyXWPuY4Ro

https://youtube.com/shorts/-1mbecWIdIQ?si=346wTR1SbTSsc-vc

Fast And Furious And Another Floridian -- November 11, 2024

Locator: 48744TRUMP. 

Wow, compared to the Biden picks four years ago, wow, Trump is bringing a lot of adults to his administration. 

So far, the best group of picks I've seen in any administration in recent memory. Compare any of his picks so far with Jennifer Granholm (SecEnergy, a politician, no experience in energy); Pete Buttigieg (politician, no experience in transportation); AG Merrick Garland (no credibility); Deb Haaland (has anyone even seen her; a politician from New Mexico; Interior.

Representative Mike Waltz, R-Florida, has been offered the role of national security adviser by Trump.

Wiki. Colonel in the US Army. One of the most visible surrogates during the 2024 campaign, spearheading military outreach and helping with the Veterans for Trump coalition. Think Gold Star Families.

Trump 2.0 is tracked here.

Another Floridian.

Marco Rubio -- Secretary Of State -- November 11, 2024

Locator: 48743TRUMP.

Trump 2.0 is tracked here.

Another Floridian.

Rubio and Trump are on the same page in the effort to stop Venezuela's oil exports. Complete embargo.

**********************
The Order In Which The "Nominations" Are Being Named

The order the nominations are being announced is very, very, very interesting.

• Chief of Staff -- first female chief of staff in history of the US
  
• Immigration -- received accolades from Obama on immigration control
  
• Deputy Chief of Staff for Policy (Immigration) -- probably the #1 policy maker on immigration
  
• Ambassador to UN -- from where is illegal immigration a problem? Mexico. Where best to handle Mexico? Through the UN?
  

Intel -- Two Trading Days Later -- November 11, 2024

Locator: 48745TECH.

Updates

November 13, 2024: Intel slashed its stake in an AI stock / company shortly before the stock surged. Link to Barron's. 

Intel more than halved its stake in artificial-intelligence firm Astera Labs during the third quarter, missing out on a rally that has nearly doubled the stock price since September, 2024.

At the end of March, 2024, Intel owned six million shares of Astera, which makes semiconductor-based connectivity products used to build cloud and AI infrastructure. Astera went public that same month.

The stock had been priced at $30 each on March 19 for Astera’s initial public offering, which was well-received. On March 28, the last trading day of the month, Astera shares closed at $74.19, and Intel’s stake was valued at $448 million.

Astera shares slipped over the next several months. They ended at $60.51 on June 28, the last trading day of the second quarter. Intel’s stake of 5.9 million Astera shares at that point were valued at $357 million.

November 11, 2024: link here. TSMC will halt shipments of advanced chips to China immediately. If you go to the link, read the remark made by Mark Zuckerberg.

November 11, 2024: link here.

Ticker today:

Original Post

Previously posted with an update:

*************************
Meanwhile, The Mess Over At Intel Continues

Link here.

A Linux patch suggests that Intel engineers plan to implement a feature that tags your system as vulnerable if you're running outdated microcodes, (via Phoronix). This comes in light of the recent Intel 13th Generation and 14th Generation degradation fiasco, which is now pushing Team Blue towards a class action lawsuit.

The patch argues that you cannot run a system with old microcode and consider it safe. Microcode is basically a set of instructions in the CPU that can be updated post-launch to fix critical flaws and security vulnerabilities. The patch proposes that users should be informed clearly and concisely that their PC is potentially unsafe - marking the system as vulnerable or not vulnerable. The author calls to report this vulnerability in "/sys/devices/system/cpu/vulnerabilities/old_microcode", so that a single file can be used to prompt the user to update their microcode.

Update, Saturday, November 9, 2024: with regard to the "mess over at Intel," link here:

Or, direct to The Verge.

From the linked article:

Reviews of Intel’s new Arrow Lake-based Core Ultra 9 200S-series processor have been lackluster, specifically when it comes to gaming performance, but Intel says that’s not the end of the story.

Its new chips should be performing better, and the company will have an ETA on getting them there soon, according to Robert Hallock, Intel’s VP and GM of client AI and technical marketing, in a new interview with HotHardware’s Dave Altavilla and Marco Chiappetta.

Intel was up-front in saying these new chips wouldn’t beat AMD’s chips for gaming. But reviewers’ findings have been unexpectedly poor. Despite some efficiency gains like those noted in Tom Warren’s Verge review of the Core Ultra 9 285K, the new chip seems to lag behind even Intel’s earlier Raptor Lake chips in gaming. That’s to say nothing of its performance versus AMD’s very good Ryzen 9800X3D.

It will be interesting to see if analysts read these reports.

**********************************
Disclaimer
Brief Reminder 

• I am inappropriately exuberant about the US economy and the US market.
• I am also inappropriately exuberant about all things Apple. 
• See disclaimer. This is not an investment site. 
• 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 something appears wrong, it probably is. Feel free to fact check everything.
  
• 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. 
• Reminder: I am inappropriately exuberant about the US economy and the US market.
• I am also inappropriately exuberant about all things Apple. 
• And now, Nvidia, also. I am also inappropriately exuberant about all things Nvidia.
• Longer version here.

The COP29 Update -- November 11, 2024

Locator: 48742ENVIRONMENT. 

I'm lovin' it! Jesse Watters. The Megyn Kelly Show. 

But I draw the line at Joy Reid. LOL. Although I may tune in for a moment or two. She's just so much to watch. LOL. [By the way, Megyn Kelly thinks MSNBC will let Joy Reid go.][Apparently Joy Reid liberal women are shaving their heads to show their defiance.] I learned a lot tonight on the Megyn Kelly show tonight. Nothing to do with right / left; conservative / liberal, but simply more about the issues in the Trump-Harris campaign. Top three issues -- and each issue was singly responsible for Trump winning -- but each issue was unique in different areas of the country -- the three issues -- inflation (high cost of groceries); immigration; trans. And that was it. Across all demographics the #1 issue was trans.

Again, I haven't watched these shows prior to six days ago, and now I'm addicted. YouTube has really raised the bar. Full episodes. Almost ad-free.

I can catch highlights of any sports event that I might have missed. It's amazing.

Kyoto Protocol: I've long lost the bubble on the Kyoto Protocol and the Paris Agreement. Apparently this is where it stands.

From Bjorn today:

COP29: the 29th conference of the UN Climate Change Conference -- Baku, November, 2024.

The latest:

At the link, look at the attendees. Looks like a rogues list of grifters. Wow, what a group. My hunch: Trump's executive order has already been written, if not already signed. Just needs to be dated.

And then, this:

Who knows? Maybe he will surprise us.

**************************
Colugos Vs Lemurs

Colugos vs lemurs.

KPCOFLGS.

King Phillip carried off freedom-loving girl scouts.

Kingdom.

Phylum.

Class.

Order ("sisters")

Family (each "sister" has an extended family / families).

Genus. 

Species.

*******
Class: Mammalia

Orders: there are 26 - 29 orders within the Mammalian class, including primates, carnivores, marsupials, and "dermopteras."

Lemurs are primates.

Colugos, often called flying lemurs, are not lemurs. In fact, they are not even in the same order as lemurs (primates).

Colugos are in a separate order of mammals: the order -- dermoptera, from the Greek, derma - skin and pteron - wing.

Lemurs: omnivores (like humans). Madagascar only.

Colugos: strict herbivores. Broad range -- southeast Asia. 

So, both are mammals but they are "sisters" (orders) within the mammalian class. The mammalian class has 26 - 29 sisters (orders).

US House Control --- Again, The Sixth Industrial Revolution -- November 11, 2024

Locator: 48741ARCHIVES. 

Breaking news: former NY GOP rep Lee Zeldin will lead the EPA. Wiki. Trump 2.0 is tracked here. 

His first interview on Fox News: pursue energy dominance; make the US the AI capital of the world; rejuvenate the US automobile manufacturing sector. Roll back regulations that hinder US businesses. Constitutionally, the EPA is pretty low on the totem pole but the EPA has learned how to leverage the vague laws passed by the US Congress to the advantage of the progressives and against the working American. Speaking of guard rails: the EPA has probably "gone out of its lanes." Time for the EPA administrator to get the EPA back inside its lane.

Bingo: for those playing "Trump Bingo" at home, a talking head on CNBC just said "Goldilocks" when discussing Home Depot. 

Now, back to regular programming.

Politics.

US House.

Link here.

Commentary: I noted this morning that all the "liberal" political talk shows seem to have been making the same comments following the election. Now it makes sense. The "Pelosi" talking paper has been released and that will become / has become the official post-mortem for the Democrats political debacle. 

Link here to the official "Pelosi Post-Mortem, 2024." This was the Times take-away: the election was not a rebuke of the Democrats. Maybe. Maybe not. But certainly a rebuke of the Democrat nominee. Kamala Harris did not do better than Biden in 2020 in any county in the entire US. Did not do better in any one county in the entire US. Yes, I would call that a rebuke.

Rachel Maddow airs tonight. Her talking points will parrot Pelosi's talking points.

****************************
Market

S&P 500 closes above 6,000 for first time ever.

For those fully invested, the next four years could be amazing.

The sixth industrial revolution.

I'm not sure where "Bitcoin" fits into this model. A key component of the six industrial revolution is the huge amount of energy the US is going to need over the next twenty years. "Bitcoin" mining is going to add to that demand. 

Link here.

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

WTI: $68.11. Watch the price of gasoline plummet (except in California).

Veterans Day: no daily activity report.

Update On CLR/s Activity In The Brooklyn Oil Field -- November 11, 2024

Locator: 48740CLR.

The map:

The wells:

• 20491, A, CLR, Charleston 1-22H, Brooklyn, t2/12; cum 296K 9/24;

• 31341, conf, CLR, Olympia 3-27H, Brooklyn, t--; cum --;
• 31342, conf, CLR, Olympia 2-27H, Brooklyn, t--; cum --;
• 31343, conf, CLR, Charleston 3-22H, Brooklyn, t--; cum --;
• 31344, conf, CLR, Charleston 2-22H, Brooklyn, t--; cum --;

• 30096, 1,543, CLR, Charleston 4-22H1, Brooklyn, t8/17; cum 349K 9/24;
• 30095, 2,043, CLR, Charleston 5-22H, Brooklyn, t8/17; cum 404K 9/24;

• 20475, 808, CLR, Olympia 1-27H, Brooklyn, t10/11; cum 388K 9/24;

• 30094, 1,506, CLR, Olympia 4-27H1, Brooklyn, t8/17; cum 308K 9/24;
• 30093, 1,854, CLR, Olympia 5-27H, Brooklyn, t8/17; cum 492K 9/24;

• 31564, PNC/LOC, CLR, Olympia 7-22H, Brooklyn,
• 31567, PNC/LOC, CLR, Olympia 6-22H1, Brooklyn,
• 31566, PNC/LOC, CLR, Olympia 7-27H, Brooklyn,
• 31567, PNC/LOC, CLR, Olympia 6-27H1, Brooklyn,

Made My Day -- Betting Against Trump Is A Bad Bet -- November 11, 2024

Locator: 48739INVESTING.

Both screenshots from November 11, 2024:

ABBV tanks.

********************************
Energy Demand

Link here.

Reminiscing On Veterans Day -- November 11, 2024

Locator: 48738ARCHIVES.

Wow, another beautiful day in north Texas. Again, on the balcony. I didn't think much about Veterans Day today until I received a few "thank you" notes from readers, friends, and families.

But then I walked to the mail center, forgetting that mail would not be delivered today, and the first thought that flashed across my mind: Decimomannu, Sardinia, Italy. I was deployed there many times with F-15 squadrons from Bitburg Air Base back in the 1980s. The weather today, here in north Texas, feels just like the weather I remember in the Mediterranean this time of year. Interestingly, I can vaguely sense the smell of JP-4 (?) jet fuel being used at DFW a mile or so away.

Back in the 1980s, on the island of Sardinia, walking out to the flight line at Decimomannu I had a Pavlovian response to the smell of JP-4. It was about a mile trek from billeting to the flight line. I vividly remember the day the wing commander picked me up in his Air Force sedan and drove me to the flight line. That was a big deal.

So, to post some photos I went to the Bat Cave and took some photos of photos. I was too lazy to take them down off the wall, etc., etc. On aircraft that I didn't fly, I often supported the air crews in various capacities.

I flew on almost every aircraft in the USAF inventory in the 1980s. Some notable exceptions. Obvious exceptions: single seaters (A-10) and reconnaissance jets like the RC's and the SR-71. Electively I chose not to take a ride in the F-16, but I flew in the F-104,  (German), the F-100 (civilian-operated), F-111 (nuclear-capable). The F-15, as mentioned many times, was my assigned aircraft. I flew on almost every "heavy" USAF a/c: C-130, C-141, KC-135, C-5. the Army's C-12.

Above, with our older daughter, Public Health Service. I'm eager to get a photo of her daughter, our granddaughter currently in AF-ROTC at Stanford University, California.

I was unaware of the nickname for the F-104 until after I had flown in -- hypersonic 250' above the Mediterranean -- allowed by the Germany Air Force -- minimums for the USAF: 500'.

Unemployment: France, Germany -- November 11, 2024

Locator: 48737EU.

France: 

Germany:

Cramer's First Hour, Part 1 -- Veterans' Day -- Markets Open -- November 11, 2024

Locator: 48736CRAMER. 

Cramer off this morning. Sara Eisen occupying his spot at the table.

"Animal spirts." First word on my bingo care this morning. Tom Lee, pre-market commentary.

Cramer's first hour: a mix of facts, factoids, opinions from various sources -- often not cited -- while listening to Cramer's first hour on CNBC. 

All of a sudden: Trump's "wildest" policy proposals are gaining traction in the mainstream / legacy media. 

US debt? Not a problem. From Forbes:

For the next four years, will never get old: Whoopi Goldberg on The View. 

**********************************
Disclaimer
Brief Reminder 

• I am inappropriately exuberant about the US economy and the US market.
• I am also inappropriately exuberant about all things Apple. 
• See disclaimer. This is not an investment site. 
• 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 something appears wrong, it probably is. Feel free to fact check everything.
  
• 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. 
• Reminder: I am inappropriately exuberant about the US economy and the US market.
• I am also inappropriately exuberant about all things Apple. 
• And now, Nvidia, also. I am also inappropriately exuberant about all things Nvidia.
• Longer version here. 

WTI Drops Below $70 -- November 11, 2024

Locator: 48757B.

Neocons: until today, since 2009 (2007), the blog, "neocons" mentioned only three times. My hunch: one needs to add "neocons" to his/her bingo card, along with the following: animal spirits; hyperscalers; transactional; guardrails; Fed's next move.

Daniel Lurie: wins in San Francisco. Wiki. Vows to clean up the city, starting with open-air drug markets.

Immigration: NY Times finally comes clean with this story. Wow. The "mass exportation of illegal immigrants" may gain traction. My hunch: illegal immigrants with "police record" are rushing to sanctuary cities; can't get there fast enough. Mass exportation may be easier than some folks think. Much of it will be "voluntary." Unfortunately it will be the non-criminal element that will be returning home.

Smirker in chief: Joe Scarborough (actually Mika Brzezinski is even worse). 

But all of a sudden, changing his narrative. No longer supports "Defund the Police." No longer supports violent campus protests. Even the "reverend" is walking back his previous views. Wow, that changed fast. Now Joe is trying to re-write his past commentaries. I've never enjoyed these morning talk shows so much. LOL.

All of a sudden he's against men in women's sports. Amazing all the elites who have daughters finally get it. LOL.

Enough of this, but wow, Joe sounds like Rush Limbaugh this morning. Must be concerned about his ratings. Concerned about his relevancy.

My hunch: all that talk about Joe Biden resigning so Kamala Harris can be the first woman president will go nowhere. Let's see if anyone even mentions it today.

Mika: remains a huge Biden supporter -- best presidency in recent memory -- and Kamala "ran a freaking amazing campaign."

Maureen Dowd: NY Times. The "trans ad" was the #1 ad for the Trump win. Clinton, et al, begged Harris to respond to that ad; she refused. That's Maureen Dowd writing. Link here.

Amazing: all the backtracking by liberal writers / commentators this morning on Morning Joe. Wow. Now. they say they've been on the correct side of the transgender issue for years. LOL. 

The Fed: is it even constitutional? This is a snowball rolling downhill. 

I don't think folks realize how bad this was: Harris joins Dukakis, McGovern in worst political debacle in US history. Well, at least since 1951. Truman's surprise win shouldn't be forgotten. Link here. [In the graphic below, the writer had a typo but the chart and the narrative is accurate.]

Qatar: quits as mediator for peace talks, Israel-Hamas.

Anti-semitism in the Netherlands. Raises questions about the complicity of the Dutch government in the holocaust of WWII. I've often thought the Dutch did a great job of white-washing that story.

Anti-semitism in the Netherlands. Bill Ackerman already taking action. Moving UMG from Netherlands listing to New York. UMG includes Taylor Swift. Amazing how "good" AI is.  Wiki becoming more and more TLDR, a reference site, but for 250-word synopsis on almost any subject, hard to beat AI as a place to start.

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

WTI: $69.10.

Tuesday, November 12, 2024: 16 for the month; 76 for the quarter, 590 for the year

• 40557, conf, CLR, Christopherson 5-14H,

Monday, November 11, 2024: 15 for the month; 75 for the quarter, 589 for the year

• 40637, conf, CLR, Vandeberg 5-35H,

Sunday, November 10, 2024: 14 for the month; 74 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; 70 for the quarter, 584 for the year

• 40638, conf, CLR, Christopherson 6-14H,

RBN Energy: more EVs coming but forecasts for sales growth, impact on gasoline demand vary.

There’s been a lot of speculation about whether the pace of electric vehicle (EV) adoption has slowed, with JD Power now expecting EVs to make up 9% of U.S. new-car sales in 2024, down from its earlier estimate of 12.4% but still up from 7% in 2023. The group remains bullish on EVs in the long term, expecting market share to reach 36% by 2030 and 58% by 2035. The forecast from RBN’s Refined Fuels Analytics (RFA) group forecast has been — and continues to be — more conservative than most but still anticipates EVs will reach 50% of U.S. new-car sales by the early 2040s. In today’s RBN blog, we’ll look at what drives these forecasts and the anticipated impacts on gasoline demand.