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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Kirk © who wrote (14733)10/29/2022 5:11:11 AM
From: robert b furman  Read Replies (1) | Respond to of 26416
 
Good Morning Kirk,

Aydis is extended.

Breathe In Breathe out.

It's been very strong - money flows must be very strong as well.

I believe it, but I think a reset would add strength in here.

Get up to the line fall back, get over the line fall back and retest then look out.

I'm thinking we are very close to the fast price rise that looks parabolic UP.

Time to fight back the greed and scale into a very strong market with a methodical lightening up on long positions.

Feed the beast slowly.

I've been going back to the 2020 election.

This red wave will bring conservative discipline back to government. Have a budget and stick to it.

Re support energy independence and the now more needed market in Europe, China, Asia as our resources displace some of Russia over seas exports.

I suspect it is going to be an inflationary and expensive winter, as US supply booms to increase production of coal, crude, natural gas liquids and natural gas.

I'm hopeful it is time for a long term nuclear program to ramp. A ramp our engineering teams could export to all Emerging Markets for decades.

That is the first important step in the electrical transition that has economics and lasting value.

It will take decades for that plug in infrastructure to be developed.

Nuclear s the perfect backup standby for renewables when the work.

Combine energy sector growth with the still trillions sloshing around from government largesse, and an administration that supports growth vs restricts growth in marketing the resources we have and the world needs and it will be recovery time very quickly.

Nine days and I'll tell you I believe it to be even better!

In between a modest refreshing pull back.

The elections may just over ride the pull back if the red wave is perceived to be reality?

Then the seasonally strong Thanksgiving and Christmas.

I expect TRAVEL TO BE CRAZY this holiday season.

Good times are upon us.

My account took a huge jump to all time highs yesterday. Plus 2.47% overall account.

Check out this break out:

stockcharts.com

Bob



To: Kirk © who wrote (14733)11/1/2022 10:25:29 AM
From: Sdgla  Read Replies (1) | Respond to of 26416
 
This should fix the supply.. President Biden is proposing a tax on oil and gas companies, saying the energy sector is "war profiteering" and that his plan will give Americans a financial break – one week before the midterm elections. Biden said Monday that energy companies are failing to meet their "responsibility to act in the interest of their consumers." "They’re going to pay a higher tax on their excess profits and face other restrictions," said Biden, amid gasoline and other other energy prices that have soared since the start of Russia's war against Ukraine and have become a major headwind for Democrats seeking election or reelection Nov. 8. "It’s time for these companies to stop war profiteering, meet their responsibilities to this country, and give the American people a break and still do very well," the president also said. Biden's proposal is unlikely to be implemented due to hurdles in Congress, with members in their home states campaigning. The average price for a gallon of regular gas in the U.S. is $3.75, according to price monitor AAA. Fuel prices have increased under the Biden administration but rose sharply after Russian President Vladimir Putin invaded Ukraine. Average prices are still below the all-time high of $5.02 a gallon in June.