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al44; The sexual assaults on females in European countries happens often. No news there.
lj: In case U didn't know, vile (an anagram of "evil") Mitch McConnell's wife is from Taiwan. Her father controlled or still controls the shipping between Taiwan and China. Does the CCP have it hooks into McConnell? Biden? D.C. is a cesspool.
lj: The price of gasoline around here is at $3.30 a gallon. I think I posted a few weeks ago that Valero's refineries would be running at a much lower capacity. VLO is down 3 or 4 points today. Perhaps it will correct then hit $150 a share before the scenario plays itself out.
Trinityz1: Today we learn there is a big Russia-related National Security threat, but it might be a ruse to get Congress to fund FISA.
DD: No one adores Putin. That is the garbage you learn from MSNBC.
Here is a news flash: Trump is not President. Or is he? There is no one in his or her right mind in the White House.
Hmmmm. Estonia and Latvia are not members of NATO. Lithuania and Finland are. Finland just joined.
So, if he invaded Estonia or Latvia, there is nothing NATO countries could do.
If Estonia and Latvia were smart, they would apply to join NATO today.
It has nothing to do with Trump's stupid, stupid statement. And he has doubled down on it!
al44; Senator John Fetterman
Found a good article on him. He is repulsive, but he has his good points.
https://www.theepochtimes.com/article/john-fetterman-is-not-the-progressive-everyone-thought-he-was-5579154?utm_source=Morningbrief&src_src=Morningbrief&utm_campaign=mb-2024-02-13&src_cmp=mb-2024-02-13&utm_medium=email&est=AAAAAAAAAAAAAAAAdu0lYRYb6djJ5LwB8GZWBknAjlc%2BBkSB9bu%2BMcXawKs%3D
DD: Try to post like a mature adult, please. News I heard today that I find to be VERY scary.
Putin has put the President of Estonia on an enemies list because Estonia took down its Soviet-era statues--Lenin, Stalin, etc.
When the Ukraine mess ends, is he going to invade the Baltic States?
The U.S. should not give another cent to the Ukrainian grifters. We should build up the defenses to the Baltic States and Poland. JMO.
lj: Pushing a senior-citizen coach who has had a hip replacement has ruined Kelce's aspirations for great riches from endorsements, not to mention his love life! Great football player; repulsive human being.
New topic: ngas $1.56 the last time I looked. Light the matches, oil companies!
Do I ever regret buying BOIL! I'll have to buy more when it seems to be at rock bottom and try to get back to even, a game that is not fun to play!
OT: I heard that Taylor Swift is going to date Lamar Jackson next! LOL!
lj: It is terrible, but they aren't going to back down. Hamas has to go.
Gmenfan: What this does is give the BRIC's countries and their allies the green-light to drop the U.S. dollar as the world reserve currency.
The #1 lesson that should be learned from this is that a candidate for President's choice of Vice-President is as important as the choice of the candidate himself or herself.
lj: Israel has no choice but to go after Hamas and Hezbollah.
Funding that effort is another matter. Israel should be able to fund its own war.
Why should U.S. taxpayers fund it.
Let Larry Fink and Zuckerberg fund it.
lj: Very dull. EOM
getmoreshares: Thank you for posting the link.
Gmenfan: This will make it difficult for Biden's trunk monkeys at Justice to move forward with the documents case against Trump. Some opine that Trump has a smoking gun document they want. If true, that would explain why they searched through Melania's personal things, like underwear!
bbotcs; BOIL and NVDA
Going down to $5 a unit? It wouldn't surprise me. Every time I look at BOIL, I see gas being burned off at the wellhead.
NVDA is $10 a share lower than it was in after-hours trading yesterday. Still, I wouldn't make a bet on SQQQ.
APPL is trading in a sane way; ditto with MSFT.
lj: GRRR
I couldn't suggest a plan because I am sitting on it LT. I guess it has sufficient volatility for trading.
Today's news is that Wyoming could become the rare earth metals capital of the world.
If true, that is one less thing we need from China.
The U.S. needs to fast track manufacturing its own pharmaceuticals. And growing enough mandarin oranges.
lj: NVDA
I am whittling down my position at $700 or better.
On other topics: It seems they will be burning off ngas at the wellheads. Price broke $2 today. It makes my blood BOIL.
Allegedly, regional banks are facing a big problem in March, I believe. Commercial real estate loans will be one of the problems, they say. And, I could be wrong on this, but I think Fed loans come due, but don't quote me. I hear so much stuff on podcasts that it is all a big whirl.
lj: UBER
Heard today on CNBC some hype about self-driving UBER cars. Ridiculous, if U ask this Luddite.
How many people would lose their jobs as drivers? Would anyone care, except the drivers.
Technology has the potential to cause a modern-day French Revolution, imo, when half of the U.S. is unemployed.
Wendy's is working on a pilot that uses AI for taking orders. Just the beginning of a BIG, BIG problem, my friend.
Perhaps not as big a problem as this, though: https://www.dailymail.co.uk/news/article-13058897/China-hypersonic-missiles-impossible-stop-intelligence-officials-warn.html
lj: GRRR
I sold the cheap shares purchased during tax-loss selling in December. If I do that every year, eventually I'll make up the unrealized loss from my original purchases!
lj: NVDA
The $1,000 thought occurred to me, too.
The latest insane AI play is PLTR.
Bought some under $20.20.
In light of the fact that I bought HALO at $38.02 and SQM at $49.36 last month, I expect it to go
down 20 percent or more!
It SQM does not go out of business or the Government of Chile seize its assets, it is ridiculously cheap, given the huge dividend. Even after Chile takes one-third as a foreign tax, the yield is ridiculous. However, dividends get cut and/or eliminated.
TSLA keeps dropping, speaking of lithium. If Trump is reelected, my guess is that he will halt EV imports from China on day one. The CCP is going to pull out all stops to prevent him from being elected. He is an existential threat to the CCP, unlike Old White Joe, who is their guy. His number 2 son has made sure of that--allegedly.
lj: VTLE will do very well in the LT. Of course, there is always the possibility that they will be bought out. The lower the debt, the higher the buyout price would be.
lj: OT
Ms. Haley is a fa*t in the wind. She is sucking up to the liberal mainstream media. If Trump could not run, I would support DeSantis.
NYBob: They aren't helpless. Their American Uncle Joe has financed them by letting Iran gets its hands on billions, not to mention selling oil.
wadegarret: AI stocks
What I find interesting is that MSFT, a strong AI play, was down today. Today's move in NVDA is nothing short of shocking. JMO.
NYBob: Dr. Bob Chambers interview was very good. Thank you.
NYBob: Dr. Bob Chambers interview was very good. Thank you.
Gmenfan: Thanks. Kunstler is the best satirist out there.
wadegarret: NVDA
To reinforce your point, one-year ago, U could buy NVDA for $211 a share. Today it closed at $660, I believe.
More than tripled in a year.
Crazy.
lj: I wouldn't do anything with SQQQ, but that is just my opinion. I believe the time to buy SQQQ calls is when NVDA has gone through one of its corrections. It has gone parabolic. Up a crazy amount again today. Again, JMO. If you are doing well buying calls, more power to you.
lj: Let's see, he floods the U.S. with illegals, he tells the Saudis they cannot go after the Houthis, he takes the Houthis off of the terrorist list, and he gives Iran billions that they can spend on terrorism. IMO, Republicans should boycott the State of the Union in March. They won't impeach him because the cackling fool would become President.
lj: What will the effect of all of the illegals be on the job market? It is going to depress wages dramatically on the lower end.
Another issue: Do these folks use electricity? I think that they do, Do they put their children in schools funded by taxpayers? I think they do. Do they get "welfare" benefits, like food assistance? I think that they do. Does their presence put pressure on rents? I think that it does, if the law of supply and demand hasn't been thrown out by the cancel culture nuts. Trump is going to send them all back. Sure he is, sure he is. We have seen this movie.
lj: It does look strange. I wonder whether El Nino's usually peak this soon.
On another topic, Old White Joe scolded grocery stores, telling them to roll back their prices. Low information, stupid voters will see that and think he is right. The food producers don't have inflation issues and haven't raised their prices. It is entirely the fault of grocery stores. Economics 101! You cannot make this stuff up.
lj: Thanks, littlejohn. Really good stuff. EOM
lj: I think you are correct. They are going to have to burn ngas to get rid of it!
lj: Makes perfect sense to this investor, but what do I know? I bought VTLE at $65 a share!
By the way, Egypt and Saudi Arabia have joined the BRIC nations. When the U.S. dollar starts going down the drain, thanks to the end of the petro dollar on demented Joe's watch, the U.S. oil industry will have to export oil like crazy to keep the U.S. financial system from going down the drain. But will Biden and his cabal of ESG crazies allow that? As they used to say, "Film at 11".
MSNBC would suggest to their sad viewers, it is all Trump's fault. Everything is all Trump's fault. It is Trump's fault that those illegals in NYC ganged up and beat a police officer, then were released without bail, and the sick Governor of NY State said deporting them "is something to consider". You cannot make this up.
lj: "Total commercial petroleum inventories decreased by 9.6 million barrels last week." Not too terrible if people are not driving less.. But, with milder temperatures this week, I don't think people are staying home.
People in this area are out and about. I am noticing more new hybrid vehicles on the road. I will opine that by 2030, 40-50 percent of new vehicle sales will be hybrid models.
NYBob: Right now, Bob, Trump is trying save himself, much less the world.
lj: The decline in floating crude is interesting. When WWIII breaks out in the Middle East, there is going to be a whole lotta oil stuck in the region, imo. Russia will laugh all the way to the bank.
lj: VLO
I owe U an apology. My options guy sold the $145, not the $135.
Missed out on XOM this go round.
al44: Paper ballots, limited mail in ballots. End of discussion. I think the next election will be manipulated. Look what they did to Kari Lake in Arizona. Ballots allegedly were printed on paper that was too large for the scanners.