CLR's Harms And Harms Federal Wells -- Update -- August 29, 2023

Locator: 45501B.

CLR's Harms and Harms Federal wells are tracked here.

It appears I have a bit of work to do to update these wells.

See map:

I won't get to the update for at least a week or so, but it looks to be exciting.

Apple -- August 29, 2023

Locator: 45500AAPL.

Apple pops. 

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.  

Again, all my posts are done quickly. There will be typographical and content errors in all my posts. If any of my posts are important to you, go to the source.

US Markets Have A Huge Day -- Google And Nvidia Team Up -- August 29, 2023

Locator: 45499B.

It looks like the stock market crash and the recession will have to wait another day.

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Nvidia Has A Huge Day

Links:

• Nvidia press release, August 29, 2023.
• Nvidia blog, August 29, 2023.
• Fierce Electronics, August 29, 2023.
• CNBC, August 24, 2023.

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.  

Again, all my posts are done quickly. There will be typographical and content errors in all my posts. If any of my posts are important to you, go to the source.

No New Permits; Three Permits Renewed; Huge WTI Draw Today Lifting WTI Over $81 -- August 29, 2023

Locator: 45498B.

Active rigs: 34.

WTI: $81.16. Jumped a dollar / bbl late today. "Surprise": huge draw. Refiners pulled as much oil as they had room for in their own storage tanks anticipating off-shore rigs in the gulf shutting down due to huge hurricane. 

Just think: this won't be a problem when the US is 100% wind / solar, and no longer needs oil. Those windmills / turbines in the gulf will turn faster than ever during hurricanes providing endless amounts of electricity for the entire country.

No new permits.

Three permits renewed:

• Neptune Operating: three Gustafson permits, Buffalo Wallow, McKenzie County.

JOLTS -- August 29, 2023

Locator: 45497JOBS.

Later

Nothing like a JOLTS report to JOLT the market. LOL. This was not on my bingo card today -- another great day.

• NVDA: up $16.15. Later: up over $17.00
  
• AAPL: up $2.06. Later: up a stunning $3.00.
  
• AMD: up $.267.
• TSM: also up today.
• VIX: below 15.
• WTI: up slightly, but trading over $80.
  

Original Note

Yields are dropping.

Equity indices going higher.

JOLTS disappointing.

Smallest job opening since March, 2021.

Job openings: 8.8 million vs 9.5 million expected.

So far, not much effect on the market, although indices are fractionally higher. 

Next GDPNow estimate: August 31, 2023.

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The Book Club

Salem Witch Judge: The Life and Repentance of Samuel Sewall, Eve LaPlante, c. 2007.

Notes.

An incredible history of Boston, Harvard College, Salem, during 1692 (prior to the American Revolution), and, of course, the whole witchcraft story in Europe / Britain from the Middle Ages on.

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.  

Again, all my posts are done quickly. There will be typographical and content errors in all my posts. If any of my posts are important to you, go to the source.