Monday, October 27, 2025

On A Huge Day For The Market -- BRK-B Down Again -- Monday, October 27, 2025

Locator: 49534B. 

The Atlantic: The magazine staff is living rent-free in President Trump's brain. LOL. I've never seen such a once-great periodical go downhill so fast. Now the editor and/or its writers are upset the troops are getting paid. I wonder if the Atlantic will report that the nation's largest union wants the Democrats in the US Senate to stop voting "no" on opening the government. LOL. Link here.

AMZN:

  • Amazon getting ready to cut 30,000 jobs? Links / stories everywhere. Right before Christmas.
  • Amazon AWS, retail getting ready to invest $1.6 billion in the Netherlands? Link here. 

BRK-B: On another great day for the market -- BRK-B is down again -- and not by just a little bit -- this is all about some investors getting tired of watching tech, and moving money from BRK-B to tech ... and Cramer saying he can't "defend" BRK-B any more (paraphrasing what Cramer said this morning):

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

WTI: $61.15.

Active rigs: 35. 

No new permits.

Thirteen permits renewed:

  • Enerplus (7) -- #37868 - #37874, inclusive -- Flatiron, Shoal, Fjord, Hogbak, Arroyo, and Barchan, Antelope oil field;
  • Oasis (5): five MHA permits, Heart Butte, Dunn County;
  • Whiting: Klose Federal, Glass Bluff, McKenzie.