Wells Coming Off Confidential List This Next Week -- August 18, 2024

Locator: 48448NEWWELLS.

Wednesday, August 28, 2024: 69 for the month; 125 for the quarter, 449 for the year
40476, conf, CLR, Clover 4-10H,
40361, conf, Oasis, Maverick Federal 5602 13-12 3B,
36270, conf, BR, George-Lillibridge 4C MBH-ULW,

Tuesday, August 27, 2024: 66 for the month; 122 for the quarter, 446 for the year
40470, conf, Oasis, Maverick Federal 5602 13-12 2B,
39854, conf, Enerplus, Yak 148-95-4A-16H,
36269, conf, BR, George 4B TFH,
21543, conf, Grayson Mill, Knight 35-26 1-H,

Monday, August 26, 2024: 62 for the month; 118 for the quarter, 444 for the year
40348, conf, Stephens Williston, Greenbrier 15591-0211-3HSL,
36268, conf, BR, George 4A MBH,

Sunday, August 25, 2024: 60 for the month; 116 for the quarter, 442 for the year
40349, conf, Stephens Williston, Greenbrier 15591-0211-4H,
39853, conf, Enerplus, Jade 148-95-4A-9H-LL,
39255, conf, Hess, SC-4WX-153-98-3130H-7

Saturday, August 24, 2024: 57 for the month; 113 for the quarter, 439 for the year

Friday, Augus 23, 2024: 57 for the month; 113 for the quarter, 439 for the year
40394, conf, WPX, Missouri River 25-26HUL,

Thursday, August 22, 2024: 56 for the month; 112 for the quarter, 438 for the year
40393, conf, WPX, Missouri River 25-26HD,
39709, conf, Hess, TI-Larson-157-95-2536H-3,
39708, conf, Hess, TI-Larson -157-95-2536H-2,
24362, conf, Grayson Mill, Knight 35-26 4H,

Wednesday, August 21, 2024: 52 for the month; 108 for the quarter, 434 for the year
40392, conf, WPX, Missouri River 25-26HZ,
39900, conf, Liberty Resources, Elroy E 158-95-7-6-2MBH,

Tuesday, August 20, 2024: 50 for the month; 106 for the quarter, 422 for the year
40391, conf, WPX, Missouri River 25-26HB,
40345, conf, Whiting, Sanish Bay E Federal 5292 11-3 2BX,
39800, conf, Enerplus, Opal 148-95-03A-10H,

Monday, August 19, 2024: 47 for the month; 103 for the quarter, 429 for the year
40390, conf, WPX, Missouri River 25-26HW,
39901, conf, Liberty Resources, Alvin E 158-95-18-19-2MBH,

Sunday, August 18, 2024: 45 for the month; 101 for the quarter, 427 for the year
40237, conf, WPX, Missouri River 25-26HC,
39902, conf, Liberty Resources, Alvin E 158-95-18-19-2MBH,
39795, conf, Enerplus, Sapphire 148-95-03B-10H,
39254, conf, Hess, SC-4WX-153-98-3130H-6,

Saturday, August 17, 2024: 41 for the month; 97 for the quarter, 423 for the year
40416, conf, Kraken, Fasching 15-22-27 4H,
40389, conf, WPX, Missouri River 25-26HW,
24360, conf, Grayson Mill, Knight 35-26 2H,

PAP Smears -- No Longer Required -- This Is Amazing --- August 17, 2024

Locator: 48447HEALTH.

Link here.

16 AF -- Air Forces Cyber

Locator: 48446USAF.

Original Post: August 17, 2024

In the news today, from Reuters, under the heading -- Russia looked the wrong way:

• Surprise: The idea that Ukraine could burst across the border in the biggest invasion of Russia since World War Two seemed unthinkable before last week. The operation raised questions about Russian surveillance as well as the caliber of its border fortifications and the forces guarding them. This is a big and interesting story that is well worth reading.
• Who knew? An influential aide to Vladimir Putin said the U.S. and NATO helped Ukraine make its lightning incursion into Russia, dismissing western denials that a plan was in the works. Nikolai Patrushev’s comments imply that the foray carries a high risk of escalation.

It doesn't take a rocket scientist to sort out some of the intel operations involved.

Fond memories of my days with the Air Intelligence Agency, Lackland AFB, San Antonio, TX.  The agency was re-designated the Air Force Intelligence, Surveillance and Reconnaissance Agency on June 8, 2007, just a few days before I retired. 

Then, effective September 29, 2014, it was re-designated the Twenty-Fifth Air Force and aligned as a numbered air force (NAF) of the Air Combat Command.

The USAF also realigned the 9th Reconnaissance Wing and the 55th Wing under the new NAF. It was headquartered at Lackland Air Force Base, Texas. 

• 55th: Offutt AFB, Nebraska: with associated groups around the world; RC-135 Rivet Joint, Cobra Ball, EC-130H Compass Call.
• 9th: Beale AFB, California: U-2R Dragon Lady, RQ-4 Global Hawk (UAV) aircraft. 

Then on 11 October 2019, the 25th AF and the 24th AF inactivated, and subsequently transferred their missions to the newly activated 16th Air Force.  See "numbered Air Forces here." 

• from a geographical point of view, if nothing else, it made sense to merge the 24 AF and the 25 AF into one NAF (in this case, the 16 AF). 
• but obviously, the merger was done for operational reasons (cyber + "conventional" intel)
  

To the above (the 55th and 9th) new units under the 16th Air Force:

• 67th Cyperspace Wing, JBSAL, San Antonio, TX
• 70 ISR Wing, Fort George G. Meade, Maryland; collocated with the NSA on at Fort Meade, MD
• 319th Reconnaissance Wing, Grand Forks AFB, ND, RQ-4 Global Hawk
• 363 ISR Wing, Joint Base Langley-Eustis, Virginia
• 480 ISR, Joint Base Langley-Eustis, Virginia; and,
• others

Commanders:

If you go down the rabbit hole deep enough you will run across a maxwell.af.mil news story dated April 4, 2024, you will find an interesting story on .... wait for it ... Colonel John Warden and ... wait for it ... Checkmate. 

And then, on top of all that, this in today's WSJ: 

My Favorite Chart -- MMFs Assets At New All-Time Record -- August 17, 2024

Locator: 48445MMF.

Increase attributed to equity sell-off on August 10, 2024, or thereabouts. Market recovered on August 15, 2024. The MMF data below was as of August 14, 2024, the day before the market recovered.

This suggests to me there is a floor at which MMFs will generally not go under, but at the margins, some of these assets represent "money on the sideline" that is used to buy stock. That floor is dynamic and probably correlates well with investors' perception of the economy.

Link to Bloomberg.

Link to ICI.

Rambling -- On A Friday Night -- August 16, 2024

Locator: 48444CHIPS.

Link here.

When it comes to AI, there are two camps:

• AI is all hype;
• AI is not hyped.

I'm in the second camp.

Exhibit A: Jim Cramer's "Mad Money" -- yesterday, August 15, 2024.

From last month: 

*********************
SoFi

Watch for SoFi tying up with one of the hyperscalers. 

There's an interesting story there but ... apparently the "balance sheet" was so unbalanced, the bank said "no."

That speaks volumes about whether one should invest in a particular company.

But then this:

***********************************
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. 

**************************
Good Directions

Link here.