AAPL Crosses $4 Trillion -- Per CNBC -- First Time Ever -- October 28, 2025

Locator: 49269AAPL. 

I didn't catch the historic screenshot.  MSFT also cross $4 trillion market cap this morning. 

Ticker AAPL:

Has since pulled back. 

**********************************
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. 
• Many posts are not proofread for several days after they've been posted.  
• 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.
• And Oracle. 
• Longer version here.  

Cramer's First Hour And The Eisen Hour -- AMD On A Roll

Locator: 49268INVESTING. 

Partnership with DOE -- two supercomputers.

Partnership with IBM.

Long, long interview with CNBC during Cramer's first hour. 

 

Supply chain Q&A: rare earths!

My hunch: Trump went to Xi -- "we're in a win-win position. Let's say we partner -- we have similar challenges: Russia, India, Far East excluding China, the Mideast, the EU. A US-China partnership would be amazing. [Psst: I can't deal with Putin; and Modi is more wishy-washy than a Whirlpool.] A China-US partnership would be huge." 

**********************************
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. 
• Many posts are not proofread for several days after they've been posted.  
• 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.
• And Oracle. 
• Longer version here.  

Only One Reason My Portfolio Is Down Today -- Legacy Holdings in BRK-B -- October 28, 2025

Locator: 49267INVESTING.

 

**********************************
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. 
• Many posts are not proofread for several days after they've been posted.  
• 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.
• And Oracle. 
• Longer version here.  

Reminder From A Reader: The CLR Kleist Wells In Divide County -- October 28, 2025

Locator: 49266B.

By the way: folks should look at all the wells that have been permitted in most recent heading dockets.  

A reader writes:

Almost forgot to ask you if you had seen 2 new CLR Kleist wells in Divide county. I think Columbus, ND, isn’t far from here. 

I cannot say I’ve ever seen a Divide well do 41k oil runs in EP/Early Production. Both wells show 41k runs. There’s one 2011 completion well but now an AB Kleist well that’s done 16k bbls in 2011. It was made a Stripper well in 2018, looks like 3/2023 was last production. 

[Will be interesting to see if] Upland gets further developed with newer wells, like these. The township is underdeveloped imho. When looking on NDIC Well Search, viewing 161-96, it’s a small list of total wells ever drilled. Thought you might like these, I’m thinking they look great.

My reply:

In fact I have:

https://themilliondollarway.blogspot.com/2025/10/clr-surprises-with-huge-well-near.html.

I'll update these on the blog.

The two CLR Kleist wells on the same pad:

The sister wells on a two-well pad, having just come off confidential list: 

Previously posted:

• According to AI:

Permits: 

Three-section / three-mile horizontals / laterals.

The maps:

News: Part 5 -- The X-Files -- October 28, 2025

Locator: 49265NEWS. 

 

EU's climate change policy: chickens coming home to roost -- link here: 

Texas banking: M&A hotbed -- link here to Barron's.  

Global warming: say what?

Democrats showing signs of embracing natural gas as electricity costs soar; link here.

Most anticipated, can't wait to read this slowly .... from JMarriott.substack / Cultural Capital, link here. 

 

The essay begins:

It was one of the most important revolutions in modern history — and yet no blood was spilled, no bombs were thrown and no monarch was beheaded.

Perhaps no great social transformation has ever been carried out so quietly. This one took place in armchairs, in libraries, in coffee houses and in clubs.

What happened was this: in the middle of the eighteenth century huge numbers of ordinary people began to read.

For the first couple of centuries after the invention of the printing press, reading remained largely an elite pursuit. But by the beginning of the 1700s, the expansion of education and an explosion of cheap books began to diffuse reading rapidly down through the middle classes and even into the lower ranks of society. People alive at the time understood that something momentous was going on. Suddenly it seemed that everyone was reading everywhere: men, women, children, the rich, the poor. Reading began to be described as a “fever”, an “epidemic”, a “craze”, a “madness.” As the historian Tim Blanning writes, “conservatives were appalled and progressives were delighted, that it was a habit that knew no social boundaries.”

This transformation is sometimes known as the “reading revolution”. It was an unprecedented democratisation of information; the greatest transfer of knowledge into the hands of ordinary men and women in history.

In Britain only 6,000 books were published in the first decade of the eighteenth century; in the last decade of the same century the number of new titles was in excess of 56,000. More than half a million new publications appeared in German over the course of the 1700s. The historian Simon Schama has gone so far as to write that “literacy rates in eighteenth century France were much higher than in the late twentieth century United States.”

Where readers had once read “intensively”, spending their lives reading and re-reading two or three books, the reading revolution popularised a new kind of “extensive” reading. People read everything they could get their hands on: newspapers, journals, history, philosophy, science, theology and literature. Books, pamphlets and periodicals poured off the presses.

This is going to be good. 

Needs to be consistent on "placing periods / quote marks." 

The placement of periods relative to quotation marks depends on whether you are following American or British English rules . American style places periods and commas inside the quotation marks, while British style places them outside unless they are part of the quoted material.