Wednesday, May 15, 2024

Gasoline Demand Continues To Disappoint Fossil Fuel Investors, Refiners -- May 15, 2024

Locator: 47166B.

Link here.

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The Movie Page 

"Quentin Tarantino on Clint Eastwood's Dirty Harry" -- from eight days ago.

  • from Quentin Tarentino's book, Cinema Speculation, which I have on my "top shelf" and have read.

"How Pulp Fiction Revolutionized Cinema" -- from three days ago.

Two New Permits -- May 15, 2024

Locator: 47165B.

Social security: some are already predicting that social security benefits could rise by 3.2%; link here.

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Back to the Bakken

WTI: $48.63.

Active rigs: 37.

Two new permits, #40753 - #40754, inclusive

  • Operators: CLR, Oasis
  • Fields: Cabernet (Dunn); Sorkness (Mountrail)
  • Comments:
    • CLR has a permit for a Rutledge well, SESE 11-144-97
      • to be sited 325 FSL and 1253 FEL;
    • Oasis has a permit for a Van Berkoom well, spacing -- sections 11 / 14 / 23 - 157-93, 
      • note did not state in which section to be sited (based on map, most likely section 11)
        • to be sited 255 FNL and 1317 FEL
      • wells of interest:
        • horizontal runs north: 22438, Oasis, M Lee, t11/12; cum 167K 3/24;
        • horizontal runs south: 18320, Oasis, Van Berkom, t4/10; cum 182K 3/24;

One permit renewed:

  • 39904, Enerplus, Spoiler, South Fork, Dunn County

One producing well (a DUC) reported as completed:

  • 40149, 956, Koda Resources, Amber 1435-2BH, Divide County;

Buffett Watch, 13F Released Today For 1Q24 -- May 15, 2024

Locator: 47164BUFFETT.

Warren Buffett is tracked here.

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Buffett

Chubb. 

First thought: old school. Okay.

Link here.


Spreadsheet. Source here for the top 50 holdings. A great interactive spreadsheet at that link. This is the 1Q24 BRK equity portfolio that I use for myself. It is not meant to replace other sources. I added today's Chubb announcement and updated the top 20 or so holdings. At the annual meeting, 2024, Buffett said he had sold the entirety of his Paramount position, but in the 13F released today there was still a small amount PARA noted.

Disclaimer: I often make typographic and content errors on spreadsheets like this. If this is important to you, go go the source.

The portfolio that tries men's souls.

In no particular order. Some are one-year comparisons; some are five-year comparisons:




After An Incredible Day, Cisco Supports With Earnings Report After Hours -- May 15, 2024

Locator: 47163MARKET.

All Three Major Indices Hit New 52-Week High (All-Time Highs?)
S&P 500: crosses 5,300 first time ever

Individual Tickers: New 52-wek highs: 285.

VIX at an all-time low (again needs to be fact-checked)

Bull market, link here, 581 days:

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Buffett

Chubb. 

First thought: old school. Okay.

Link here.


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CISCO (CSCO)
 

CISCO beats EPS $0.88 vs $0.82

$12.70 billion vs $12.53 billion.

After hours CSCO jumps.

Currently up about 4.5% after hours. 

Link here.  One "ticker" I've never understood: CSCO. It remains one of my core holdings. No recommendation. See disclaimers. I've simply had it forever, and have pretty much forgotten about it, although periodically, by rule, I add a bit of new money to my core CSCO holding.

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Netflix

Very positive day, today.

A lot of good things being reported by Netflix.

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McDonald's
Or, How One Loses Credibility

A $5-meal?

Sure, but it's only a month-long promotion. Link here.

Somehow this doesn't impress me.

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AAPL

So far, up 11% this past month, where as market itself has gained 5%. Quote from CNBC anchor, needs to be fact-checked. Fact-check, past month:

  • AAPL: up 12.01%
  • S&P 500: 5.08%

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Disclaimer Briefly 

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 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.

Green Energy For Europe -- Seriously? May 15, 2024

Locator: 47162RENEWABLES.

From oilprice.com. 

Does anyone seriously "link" green energy (wind and solar) with  Azerbaijan, Kazakhstan, and Uzbedistan?

Oh, give me a break.

Meanwhile, in the US, by state, renewable energy production (2022): link here.