Interesting little feature on CNBC with a lady reporting from Beijing that stores are running short of food and she saw people going in and buying as much fresh stuff as they could. No doubt the government will stop that but it shows how the virus stuff is having widespread effects I never would have thought of.
Wild-Assed 2
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Originally posted by Louetta View PostInteresting little feature on CNBC with a lady reporting from Beijing that stores are running short of food and she saw people going in and buying as much fresh stuff as they could. No doubt the government will stop that but it shows how the virus stuff is having widespread effects I never would have thought of.Last edited by BlueWolf; 01-29-2020, 05:31 PM.
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Originally posted by Louetta View PostBought a smidge of CRK. Fossil fuel investments aren't exactly the place to be these days but Jerry Jones and family gave a couple of properties to the company in August in return for 84% of the stock. A few days later on 9/4 he rang the opening bell on the NYSE and sat with the morning CNBC crew to talk about Ezekiel Elliott's new contract and pump his new company. In two weeks the stock went from 6 something to 10 something giving Jones a paper profit of 1/3 of a billion $. Now back in the low sixes it looked like a good buy. Latest 10Q shows tons of debt but a near break even despite low gas prices. Jerry is now looking at acquiring other properties from distressed gas producers. This is more a bet on Jerry Jones than CRK or gas. I figure he's smart enough to engineer a big profit out of the whole thing. Might take a while though.
Added to CRK at $5.57, no news just the price of gas I figure.
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Interesting month for rates. I always like to watch the 10-year. Started the month at 1.88, now quoted by CNBC at 1.54.
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Originally posted by billyjoe View Post
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Fibtimer's Small Cap indicator has turned bearish. S&$ 500, Nasdaq 100, Dollar, Bond and Gold indicators still Bullish.
A/D line for S&P 500 turned down briefly but resumed upward path:
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Originally posted by Louetta View PostIf you are a fan of Art Cashin here is his yearly Christmas interview at Bobby Van's at 25 Broad:
https://www.cnbc.com/2019/12/19/art-...or-stocks.html
The above from 12-19-19. Peter Tuchman @EinsteinoWallSt just tweeted "Please everyone we need prayers .... Arthur Cashin our illustrious mentor was in a car accident on Thursday ... Broke his hip ... just came out of successful surgery ... docs said it went well"
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Originally posted by Louetta View Post
Note: There is no official version of companies composing the list.
American Home Products
AMP Inc.
Anheuser-Busch
Avon Products
Baxter International
Black & Decker
Bristol-Myers
Burroughs Corporation
Chesebrough-Ponds
The Coca-Cola Company
Digital Equipment Corporation
Dow Chemical
Eastman Kodak
Eli Lilly and Company
Emery Air Freight
First National City Bank
General Electric
Gillette
IBM
International Flavors and Fragrances
International Telephone and Telegraph
Johnson & Johnson
Louisiana Land & Exploration
Lubrizol
Minnesota Mining and Manufacturing (3M)
McDonald's
Merck & Co.
MGIC Investment Corporation
PepsiCo
Pfizer
Philip Morris Cos.
Polaroid
Procter & Gamble
Revlon
Schering Plough
Joseph Schlitz Brewing Company
Schlumberger
Sears, Roebuck and Company
Simplicity Pattern
Squibb
S.S. Kresge
Texas Instruments
Upjohn
The Walt Disney Company
Walmart
XeroxTim - Retired Problem Solver
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Originally posted by mimo_100 View PostThe Nifty 50
Note: There is no official version of companies composing the list.
American Home Products
AMP Inc.
Anheuser-Busch
Avon Products
Baxter International
Black & Decker
Bristol-Myers
Burroughs Corporation
Chesebrough-Ponds
The Coca-Cola Company
Digital Equipment Corporation
Dow Chemical
Eastman Kodak
Eli Lilly and Company
Emery Air Freight
First National City Bank
General Electric
Gillette
IBM
International Flavors and Fragrances
International Telephone and Telegraph
Johnson & Johnson
Louisiana Land & Exploration
Lubrizol
Minnesota Mining and Manufacturing (3M)
McDonald's
Merck & Co.
MGIC Investment Corporation
PepsiCo
Pfizer
Philip Morris Cos.
Polaroid
Procter & Gamble
Revlon
Schering Plough
Joseph Schlitz Brewing Company
Schlumberger
Sears, Roebuck and Company
Simplicity Pattern
Squibb
S.S. Kresge
Texas Instruments
Upjohn
The Walt Disney Company
Walmart
Xerox
Fun list. Louisiana Land & Exploration stumped me.
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I don't know when the Nifty 50 list was compiled. I remember going to the S.S. Kresge store as a child. It was sort of a poor relative of Woolworths at the time. S.S. Kresge lived to the ripe old age of 99 and passed away in 1966. In 1977 S.S. Kresge stores were renamed K-Mart.
--------------------billy
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