Cramer's First Hour, Part 2 -- November 25, 2024

Locator: 44417CRAMER.

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. 

Deportation, border security: huge opportunities for investing. I haven't seen Palantir mentioned yet, but my hunch is Palantir will be. 

DEI? Dead. 

Tariffs: how they changed under Trump. 

Value meals: link here.

From the linked WSJ article:

An estimated 81% of North American consumers have ordered a fast-food value meal in the past three months.

Around half said the promotions prompted them to eat out more often or switch chains.

But deals aren’t always translating to profit and don’t necessarily keep customers coming back, companies and analysts said, leading restaurant-chain executives to gut-check whether discounts and freebies are paying off.

Starbucks earlier this year dabbled with a coffee and breakfast item bundle starting at $5, but months later yanked it, saying the new discounts weren’t working.

I find this absolutely fascinating. Basically, every restaurant that tried value meals has ended the experiment. Except McDonald's. They still have the "$5 meal."

Whoo-hoo! Cramer just mentioned Palantir (see above). Analyst raises target to $75.

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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.

Cramer's First Hour, Part 1 -- November 25, 2024

Locator: 44416CRAMER.

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. 

Absolutely insane, link here:

Consumer tailwind: HELOC. Link here.

Housing: rentng vs buying. Link here.

Dow: opens at record high. 

S&P: on track for six consecutive "positive" day. At a record high.

10-year Treasury: continues to drop.

Buzz: the market is happy with Trump's treasury nomination.

**********************************
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.

ONEOK To Buy Rest Of EnLine Midstream -- November 25, 2024

Locator: 44415B.

Software pivot: link here. New word, "agent."

Oneok: to buy the rest of EnLink Midstream.

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Back to the Bakken

WTI: $70.13.

Tuesday, November 26, 2024: 41 for the month; 91 for the quarter, 618 for the year

• 40672, conf, CLR, Carpenter 4-13H,
• 37938, conf, BR, Parrish 4C TFH,

Monday, November 25, 2024: 39 for the month; 89 for the quarter, 616 for the year

• 39751, conf, Hess, RS-F Nelson-156-91-2413H-6,

Sunday, November 24, 2024: 38 for the month; 88 for the quarter, 615 for the year

• 40662, conf, CLR, Sandhill 4-24H,
• 40352, conf, Grayson Mill, Sponheim 31-34F 5H,
• 40105, conf, Enerplus, Devils Canyon 147-97-17-20-6H,
• 40029, conf, Grayson Mill, Sponheim 31-34F 4H,
• 40028, conf, Grayson Mill, Sponheim 31-34F 3H,
• 37937, conf, BR, Parrish 4B MBH,

Saturday, November 23, 2024: 32 for the month; 92 for the quarter, 607 for the year

• 40586, conf, SOGC (Sinclair), Harris Federal 2-31H,

RBN Energy: Enterprises' ambitioius goal for expanding its hydrocarbon liquids exports.

Enterprise Products Partners continues to grow its export capabilities and set ambitious goals, including one noted by CEO Jim Teague during his appearance at RBN’s recent NACON: PADD 3 conference — growing liquid hydrocarbon exports by about 50% to a remarkable 100 MMbbl per month (100 MMb/month), or about 3.33 MMb/d. And that doesn’t include the company’s planned Sea Port Oil Terminal (SPOT), which could send out up to 2 MMb/d! While that goal may seem lofty, Enterprise is already a major player in export markets and has extensive hydrocarbon delivery, storage and distribution assets in place to feed its coastal terminals. In today’s RBN blog, we look at the crude oil side of Enterprise’s export machine and show why supply will be key to meeting part of that ambitious goal.