Title : The Market, Energy, And Political Page, T+55 -- July 25, 2018
link : The Market, Energy, And Political Page, T+55 -- July 25, 2018
The Market, Energy, And Political Page, T+55 -- July 25, 2018
Hunch: for the time-date stamp bragging rights, my hunch is that the best-selling book in 2019, possibly 2020, will be The Rise and Fall of Donald J Trump. Just saying.T+55. Link here.
Great moments in presidential politics, in no particular order: ObamaCare. Bay of Pigs. Trade war. Iran hostage crisis. Katrina. 18 and 1/2 minutes. Read my lips. Iran-Contra.
$12 billion bailout (which, by the way, I support, but wish it had not been necessary.)
Dow: down 40. White noise.
Disclaimer: this is not an investment site.
Non-Dow indices: all up; many hitting new records.
What does the Dow have in common with Libya: both are irrelevant. The Dow is made up of 30 components, any of which can be removed and substituted at any time, at the whim of the puppeteer. Witness GE. Gone. Replaced by a "high flyer."
S & P 500: five hundred vs 30.
NASDAQ: more than 3,300 listings.
Russell 2000: quick! How many companies are "listed" in the Russell 2000?
The Dow: 30. Mostly the bluest of the blue chip stocks most suitable for widow and orphans. Does the Dow puppeteer require that a component pay a dividend?
BRK: could easily replace the Dow as one index to put up there on the crawler along with the NASDAQ, Russell 2000, the S&P. In fact, one could argue, BRK is a better "index" than the Dow.
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New Contest: Name That 'Dozer'
Link here.
Submissions:
- heavy metal
- Luddite loader
- Burnaby bull
- long story short
- pipeline express
- make my day
- this runs on diesel
- Trudeau's folly
- Trudeau takes charge
- no country for old men
- ball is in your court
- dozer is in your court
- elvis has left the building
- takes two to tango
- last straw
- take no prisoners
- Yellow war
- "see-ya" club
- standing rock, falling tents
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