Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Rising gasoline prices lead stock prices higher...
Inflation has groomed folks to
buy before things go up more...
Folks want to pay out 30 to 50 years
on tech earnings now to beat any
future potential share price rises...
$3.50/gallon or so national gas price
average could rise to $4/gallon average
by the end of April at current rising rate...
Folks gotta buy now before inflation
drives up share prices even more...
Don't worry about companies like XOM
or Shell pre warning on weak results
for the 1st quarter...
Nobody cares if the oil price is going up...
Everything will keep going up...
So we watch...LJ
VTLE now selling over twice the highest
p/e ratio sold at over past
few years of watching it...
Diluting EPS is paying off...
They have projected 90% of oil
production for 2nd quarter is hedged
at about $74ish/ bbl...
Losing about 12/bbl. at the high,
current oil price on Friday...
Two biggies already warned on softer
1st quarter, 2024 results coming...
Oil sector speculation is trying to
catch up with tech sector speculators...
So we watch...LJ
Using chips from nivi may be jinxy
for the share price...
must be the share price problem...
so we watch...LJ
Using chips from nivi may be jinxy
for the share price...
must be the share price problem...
so we watch...LJ
VTLE, a few 45 puts for May were
picked up too high on Thursday...
Still not convinced the world can't
be saved from unrest...
Sold some shares with oil price
popping also...
just peon moves, no waves created...
egy and vlo look totally wild and some
folks may get a let down later...perhaps...
So we watch...LJ
Israel is becoming an island nation
surrounded by sand...
https://www.theguardian.com/world/2024/apr/04/israel-us-gaza-joe-biden-benjamin-netanyahu-phone-call
A few thousand dead ago would
have been more responsive by U.S...
So we watch...LJ
Natural gas Glut in headlines has replaced
the over supply term...
https://oilprice.com/Energy/Natural-Gas/The-World-Faces-A-Natural-Gas-Glut-Not-Seen-in-Decades.html
Liquids production in U.S. in weekly
inventory reports is still running at a
high pace increase versus year ago...
A brewing over production problem of
natural gas gets little relief with world
war mongers prompting higher than
needed oil prices supporting oil drilling...
Damned if you do, damned if you don't...
Wholesale Gasoline futures for May are
already forecasting $3.50 to $4.00/gallon
average on pricing possible by then...
https://www.barchart.com/futures/energies
Which would be inflation in gas price year
over year in May if trend holds...
Saudis adding a little oil production to
cool some heels may be only option...
So we watch...LJ
Batteries sold now are less reliable
than ever...
That is why they sell them with
tier warranties...
China rechargeable batteries are
very inferior products...
Good luck if you buy an EV from
China with a battery made there...
Batteries will prove out the weakest
link in EV sector,,,
And that is why new car sellers put
warranties on their batteries...
Where folks may be when you need to
use an EV battery warranty could be
important to different folks...
Batteries for atv/utv products have to be
trickle charged by owners to have them
ready to use when wanted...
Good gravy, don't get me started on how
Sorry batteries for mowers are now...
Our personal charging station for different
batteries for different things stays to
busy to add an EV to the line...
So we watch...LJ
Buy cheap burgers and No fries or
drink with it if you count on the
FED inflation watchers...
lol, they will show everyone how to get
by on fewer items...
Sounds like a FED watcher bot gas
at a service station recently...those
higher prices have to be posted...
so we watch...LJ
Driving the price of a nonrenewable resource
up so high that folks can't afford
it, is the only reason that it may
not run out as fast...
Marginable PUDs were used up in
the Permian Basin at a fast clip
in 2022 oil price spike...
There are just as many failures around
the world in drilling that often go
unnoticed as before tech scanning...
EGY saw two duds in a drilling campaign
in their last cap ex spending round...
Poor well results have come out of
Egypt recently...
Fracking is regarded as somewhat
questionable by some watchers...
Deeper well pursuits on both land and
in the oceans drive costs up...
Saudi Arabia is even conserving their
reserves now by choice...
Alternative energy needs more reliable
sources like hydro pursuits to be
considered more reliable...
betcoin is worthless when power goes out...
back to betting on dominos then
by candle light...
So we watch...LJ
20-F Annual Audited Filing due by May,1,2024...
https://www.mayerbrown.com/-/media/files/perspectives-events/publications/2022/12/legal-update_2023sec-filing-dates.pdf
'patting shorts on hand',,,keep it real...
So we watch...LJ
EV- FSR ... leads way to plummeting prices
on 2023 EV models...
https://ih.advfn.com/stock-market/NYSE/fisker-FSR/stock-news/93563354/fisker-announces-reduced-msrp-in-u-s-on-many-2023
Isn't that price reduction about what
a new EV depreciates in the 1st year
of ownership anyway?...
EV Market is now moving into period
when extreme depreciation on new EV
purchases start hitting drivers...
More sales now mean more used EVs
to try and sell that no one wants...
This is long wave brain think...
So we watch...LJ
GRRR is a foreign play being manipulated
lower by the home team crowd...
It is a long term play for me...
Security needs are rising everywhere
everyday that GRRR helps track...
Mixing the revenue base even more
worldwide should help them...
So we watch...LJ
Biggest one day hit to oil exporting
that I've ever seen...
https://oilprice.com/Latest-Energy-News/World-News/Denmark-Closes-Busy-Oil-Shipping-Strait-Over-Faulty-Missile-Launcher.html
DOW could have dropped 5,000 points
if word would have been spread more...
Volatile world, don't ya know?...
So we watch...LJ
hug your Trumpy bear, black friday could
be a coming...
Qs still in de nile zone today of
how fast drops can happen...
this market can't handle $100/bbl
oil price...
so we watch...LJ
GRRR flashes about .29/share EPS for 2023...
https://finance.yahoo.com/news/gorilla-reports-record-2023-financial-120000545.html
Ya lil pup is growing...
So we watch...LJ
Hailo, that is not Taiwan shaking, that is
competition coming...
https://www.reuters.com/technology/chipmaker-hailo-raises-120-million-riding-ai-boom-2024-04-02/
Small test market?...
The early applications of the Hailo-10 will
target personal computers and automotive
infotainment systems, boosting the processing
capabilities of central processing units (CPUs),
Hailo said.
GRRR uses... Intel Inside...
and
Hailo AI Acceleration Support...
https://investors.gorilla-technology.com/static-files/3640b42f-aa68-4ebb-afb2-1acda2f91529
GRRR also partners with Lanner along
with Hailo on product development...
Still a newbie company and trying
to find more ties to GRRR...
So we watch...LJ
All Ai crumb snatchers aren't priced high...
REI may have closed out one of weakest
production drop off quarters in
1st quarter, 2024 in a long time...
REI already guided for a big hit to
production due to January freeze over...
VTLE didn't bother to give any insight...
REI has been near the worst fire threat
area in Texas for almost six weeks...
In mid 2023 when a fire event hit a well
site REI didn't disclose it until earnings...
REI hit a big pop up number Wednesday
that highlights low resistance of holders
that are staying to see the 1st quarter
numbers when they get dropped...
Higher prices in the oil patch don't
mean that most are holding...
That is why the stock market is viewed
as being rigged because institutions move
prices when resistance gets weakest...
Patience young Jedi, thou has entered
much cheaper in the past...
Like, like if WAHA natural gas price
starts flirting with 0 soon in Texas...
NYMEX, cheap natural gas may only
be part of the revenue mix in Texas...
So we watch...LJ
If the gov't can manipulate gasoline and fuel
demand numbers from Sept.,2023
to March, 2024, then any of the
numbers can be groomed...
Fuel demand was high last year during
tail gate season and posted lower to
keep gas price down during holidays...
Those numbers appear to have been
added back in during January thru March
to make it look like demand is better to
drive the seasonal gas price rise...
Nobody was on roads other than necessary
in January and stayed slow thru February...
Employment numbers for January looked
like a scy fy script rolled out...
Common Sense, it only takes a small amount
of thinking about stadiums in fall, college
football season holding 70,000 to 100,000
fans each weekend compared to spring,
college basketball madness having four
sites that hold up to 12,000 fans to really
make you question the data putter-outers...
Hello, there can't be much left to average
into Weak April fuel demand this year...
The big drop off in diesel demand last week
should show that refiners that produce too
much gas now will be looking for a place
to run the diesel byproduct of the gasoline
production on Sale At...
We buy deals-not spin...
So we watch...LJ
Not making anything off the blood being
spilled to drive oil price up...
Seems hard to keep it if you make
it for the wrong reasons...
There will be plenty of money spent
from the spin, just not mine...
It does help keep world population
down...
So we watch...LJ
China still gets any cheap oil that they
want to buy,
so everything should be OK...
So we watch...LJ
Rising fuel cost will kill an economy already
ailing and slowing down...
Didn't think the market downturn would
start until Thursday,
missed loading some SQQQ action...
My view is that the already slow economy
gets worse as gas prices start topping
5/gal. in Cal in more places...
The slower rail and shipping industry now
gets hit with higher fuel costs, on top of
higher wage costs added late in 2023...
Early to add on positions to watch the
downer action roll on is my view...
Not changing it because of spin heads...
Opec+ staying low on production will
confirm the world economy still sux...
So we watch...LJ
Supply of oil has been plentiful this year
as the price has rose...
Natural gas price gouging in 2022
came during during plentiful period
of supply under Biden...
Don't bet against higher gas prices...
So we watch...LJ
Please don't leave your chit on our mountain...
https://www.accuweather.com/en/weather-news/everest-climbers-will-have-to-take-their-poop-away-with-them-as-nepal-tries-to-address-growing-waste-problem/1634952
Mother Nature deserves to be left
clean and brisk...
So we watch...LJ
Traffic was very light in early afternoon
on Monday...
It was nice going in stores with very
few people shopping...
Lighter than it should be even after
a busy weekend...
It tells me that even most late, tax
refunds are likely spent by now...
Which also tells me that used car
prices now start their price slide
for most of the rest of the year...
Efficient gas use autos should buck
the price downtrend while bigger suvs
and trucks will suffer more price falls...
Constantly rising gas prices do move
consumer spending habits in autos...
No one wants a used EV with high
price battery replacement costs if
one or more goes bad though...
Overall, the abundance of many used
items that peeps are swapping in public
forums have seen low price trends and
that helps avoid higher new cost pricing
when budgets get tighter...
Goofy, way over priced raw land prices
still buck the overall trend in pricing
that I've been watching...
Land that is Near a Creek,blah, blah, blah...
So we watch...LJ
200/bbl oil?,,, Jews may have loaded up
on oil plays before going into Gaza...
Israel genocide added over 300 dead
bodies at the hospital in Gaza that their
military has been attacking for days...
A cover story of a strike on an embassy
that could have been emptied beforehand
was put out to try to over shadow the
constant killing of innocent folks in Gaza...
https://oilprice.com/Latest-Energy-News/World-News/Oil-Prices-Up-as-Iranian-Embassy-in-Syria-Leveled-in-Airstrike.html
Democratic war party added a jet fighter
sale to their war conquest...
$10/gallon pump prices could have candidates
of the Democratic war party looking for
new jobs after the elections this fall...
This fall there will be plenty of oil data to
review of the summer prices for folks to
reflect on when voting...
So we watch...LJ
Days of praying to sell at high prices now
come back around frequently...
You are free to fish more now...
quite convenient timing...
So we watch...LJ
Cal seeing $6/gal. to $7/gal. gasoline
soon if we see oil move on up
to near $100/bbl looking probable...
Oil price rise has been aided by
EIA data that fuel demand has been
above year ago levels in 1st quarter...
Everyone knows that natural gas demand
has been down due to warmer weather...
My own weekly watch on gasoline demand
versus the year ago level has been
seeing lower demand...
But there has been spin info put out
that says EIA data shows a year over
year increase in fuel demand...
Oil future traders have been going with
the spin data out there...
Which means that increasing momo in
oil price could see it spike at anytime
due to the betting positioning now...
Nevermore quoth the Raven will there
be any interest rates dropping this year
if oil prices hold these levels or spike...
Take the over on Cal gas prices until the
oil price rise momo drops...
VTLE hedges on over 50,000 bbls/day
of oil production moves up to about
$74+/bbl. in 2nd quarter and above
the $73+/bbl. hedges in 2nd quarter...
They missed the boat on the price
pump up on oil this go round, Imo...
So we watch..LJ
Sell in April and go away, bubbles pop
and make fortunes flop...
This is not your normal year...
Buy the pumps at your own risk...
Peon thesis...
So we watch...LJ
80% Drop in home ownership affordability since 2020...
https://stocktwits.com/Rcx2017/message/567832200
That is like, like 20% annual rate,
which is touch above FED target
of 2% inflation...
Guess what drops to help get more
folks able to buy homes?...
FED lowering rates won't help expand
number of people able to buy homes...
So the top came two years ago in
prices and folks have it on ignore...
That is why the FED set up what has
the appearance of an off book account
to move troubled loans from banks to
a FED hold account to move the banks
to a better REG rating on loans held...
There is a line of banks waiting for the
FED to move loans off book for them...
So we watch...LJ
JPM onto lighter note of good times rolling...
https://www.forbes.com/sites/dereksaul/2024/03/28/jpmorgan-warns-of-potential-for-flash-crash-as-stocks-wrap-historic-stretch/amp/
Plenty of excess juice on the vine
to squeeze out so everything will
be okey-dokey after a correction...
So we watch...LJ
Will Biden be charged with conspiracy to aid
genocide acts of Israel?...
Netanyahu will be charged just like
putin is already on record for actions
of genocide by Russia...
The U.S. cannot beg Netanyahu to stop bombing civilians one day and the next send him thousands more 2,000 lb. bombs that can level entire city blocks.
— Bernie Sanders (@SenSanders) March 29, 2024
This is obscene.
We must end our complicity: No more bombs to Israel.https://t.co/BqV0NkMtKa
Gasoline demand was lower again versus
the year ago week in the
inventory report on Wednesday...
Trend stayed intact for all of the
1st quarter of 2024...lower demand...
Oil stocks plowed higher on Thursday
to close out the 1st quarter...
After more sales to close out week,
will have very little to watch in the
2nd quarter in the sector now...
So we watch...LJ
Israel military operating out of bounds of
Civil conduct to civilians in a war
zone doesn't take a Doctor of Foreign
Affairs to recognize it...
https://www.theguardian.com/us-news/2024/mar/27/state-department-resignation-gaza-biden-policy
Joe's gotta go...
So we watch...LJ
Seven fold increase in Currency and Credit Derivatives
since 2000 to expand money supply...
https://www.usdebtclock.org/index.html?taxpayer
That pace is much higher than the
U.S. National Debt increase and has
fueled inflation blamed on everything
including the kitchen sink sizes...
https://www.usdebtclock.org/index.html?taxpayer
Stock market has increased because
of Inflation...
So we watch...LJ
U.S Debt Crisis is not being considered by
any rationale folks that can help
reverse the Red Tide...
Joe and Trumpy both are hell bent
on over spending...
No rationale choice between those two
to expect any changes ahead...
Push last year to get big wages increased
for Union workers is only to get more
tax revenue coming in for the Gov't...
There is No Free Lunch...
Higher wage contracts will translate to
higher inflation for several more years...
U.S Gov't will most likely try to target
betcoin accounts for seizure on grounds
of even borderline illicit activity to push
any potential default off longer...
Red Tide will keep rolling in though...
Repealing corporate tax reductions should
be the first rationale choice to lowering
the U.S. Debt Crisis growth...
It needs budget spending restraint along
with it to get to a surplus again...
U.S Debt clock was about 10 trillion
back when Obama started serving...
long, long, ago...2008............................
https://www.usdebtclock.org/index.html?taxpayer
Hell of a mess,,, Believe it or Not...
So we watch...LJ
that pos VLO must have started selling
hot air for tech balloons...
has far exceeded anything that
looked reasonable as of late...
it is a brave new market pricing period...
So we watch...LJ
We shall defer to your local knowledge
on this topic...
I'm a guessing that the CEO of
tiktok may need to give the Captain
of the ship from Singapore some directions
to the Hill for a Grill and meet session...
The investigation ahead will probably
take longer than rebuilding the bridge...
'Not counting the Consulting barrage of
presentations before any new bridge
cannot ever be started'...
Peon thesis is that this increases fuel
use due to the rerouting process...
So we watch...LJ