Locator: 48707RAREEARTH.
Autos: before we get started, a teaser: as our own cars get much, much older, and we need to replace them, and our grandchildren are growing older and they need cars, my wife and I have bought three new cars this year (so far).
I doubt we will be buying a fourth before the year is out, but it's possible. There's always more to learn. I think every reader agrees with me that high school students need to take a financial course (or courses). One of those sessions would be on buying cars. I might talk about that later.
Now, back to regular programming.
Pentagon: from what I can tell, and based on what ChatGPT told me, this is the first time the Pentagon has invested directly into a publicly-traded company. I could be wrong; I don't know but this seems very interesting.
Rare earth: on the blog last month. This was so incredibly predictable. Hope everyone is paying attention. Could surge 60% today.
So many story lines.
Several favorite headlines in this screenshot! My favorite: Jeffries downgrades MP. Okay.
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Re-Posting
From last month:
Locator: 48741ARCHIVES.
Some weeks ago, maybe months ago, I
thought about the following, and mentioned it once or twice on the blog.
I'm reminded of it again, today, watching CNBC.
I recently mentioned "folks (who are) afraid to get rich. Really rich."
An analyst for one of the large Wall Street investment firms was arguing her case on CNBC: she's still not ready to recommend that folks put new money into the market. She said there were just too many unknowns.
She really came across as someone who was afraid to get rich.
I wouldn't want her as my financial advisor.
Bears and bulls.
Watching the market for the past month, it comes back to this for me: if you aren't ready to invest now, when will you ever be ready to invest?
My
audience: those with a rolling 30-year investment horizon. "Rolling"?
It means that every day, the horizon begins another 30-year investment
period.
MP Materials. A "new one" that pops up on my radar screen. From wiki:
MP Materials Corp. is an American rare-earth materials company headquartered in Las Vegas, Nevada.
MP Materials owns and operates the Mountain Pass mine, the only operating rare earth mine and processing facility in the United States.
MP Materials focuses its production on Neodymium-Praseodymium (NdPr), a rare earth material used in high-strength permanent magnets that power the traction motors found in electric vehicles, robotics, wind turbines, drones and other advanced motion technologies.
MP Materials is listed on the New York Stock Exchange under the ticker symbol "MP." As of December 2021, JHL Capital Group, QVT Financial and CEO James Litinsky were the company's three largest shareholders, with about 7.7% of the company owned by Shenghe Resources, a Chinese company partly owned by the country's Ministry of Natural Resources.
Has anyone, lately, heard of magnets? Asking for a friend.
Disclaimer
Brief
Reminder
Briefly:
- I am
inappropriately exuberant about the Bakken and I am often well out front
of my headlights. I am often appropriately accused of hyperbole when it
comes to the Bakken.
- 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 Bakken, 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. Nvidia is a metonym for AI and/or the sixth industrial revolution.
- I've now added Broadcom to the disclaimer. I am also inappropriately exuberant about all things Broadcom.
- I've now added Oracle to the disclaimer. I am also inappropriately exuberant about all things Oracle.
- Longer version here.
