Tuesday, May 13, 2025

The Fog Is Beginning To Clear -- May 13, 2025

Locator: 48620MARKET.

Saudi: another $600 billion investment in the US -- this time from Saudi Arabia. 

Pay attention to President Trump's remarks in Saudi Arabia.

Tariffs, link here

The fog is beginning to clear.

Casually interested in:

  • AAPL: holding gains from yesterday; flat today but still green.
  • NVDA: up an astounding 6% so far today
  • SCCO: up 1.5% today
  • F: trading above $10 today

Bakken permits renewed over the past few days:

  • past week
    • Monday, May 5, 2025: 18
    • Tuesday, May 6, 2025: 14
    • Wednesday, May 7, 2025: 14
    • Thursday, May 8, 2025: 21
    • Friday, May 9, 2025: 16
    • Monday, May 12, 2025: 14
  • To put this in perspective:
    • generally one can expect around two or three permit renewals;
    • often there are days when there are no permit renewals;
    • anything above five permits renewals gets my attention.