S&P 500 stocks at 52 week high

Instrument Name	Close	Highest	Symbol
A O Smith Ord Shs	72.27	71	AOS
American Airlines Group Ord Shs	17.35	17.08	AAL.O
AmerisourceBergen Ord Shs	188.78	187.87	ABC
AMETEK Ord Shs	159.58	157.38	AME
Amphenol Ord Shs Class A	82.24	82.15	APH
Apple Ord Shs	188.06	187	AAPL.O
Applied Material Ord Shs	146.55	141.79	AMAT.O
Cardinal Health Ord Shs	93.09	92.52	CAH
Carrier Global Ord Shs	49.49	48.63	CARR.K
Church And Dwight Ord Shs	98.78	97.66	CHD
D R Horton Ord Shs	123.05	120.4	DHI
Delta Air Lines Ord Shs	46.09	43.14	DAL
Eaton Ord Shs	197.65	196.89	ETN
Eli Lilly Ord Shs	464.5	458.84	LLY
Fastenal Ord Shs	58.46	57.64	FAST.O
Fedex Ord Shs	246.76	240.09	FDX
FleetCor Technologies Ord Shs	245.67	244.45	FLT
Fortinet Ord Shs	73.66	73.59	FTNT.O
Fortive Ord Shs	73.06	72.03	FTV
HCA Healthcare Ord Shs	297.6	295.4	HCA
Howmet Aerospace Ord Shs	48.1	47.16	HWM
Intuitive Surgical Ord Shs	330.02	329.36	ISRG.O
Lam Research Ord Shs	649.16	630.03	LRCX.O
Lennar A Ord Shs	126.06	122.3	LEN
Lowe's Companies Ord Shs	223.56	221.56	LOW
Martin Marietta Materials Ord Shs	452.09	442.78	MLM
Masco Ord Shs	57	56.69	MAS
Microchip Technology Ord Shs	86.78	86.64	MCHP.O
Norwegian Cruise Line Holdings Ord Shs	19.59	19.54	NCLH.K
NVR Ord Shs	6330.2002	6160.21	NVR
NXP Semiconductors Ord Shs	200.32	197.85	NXPI.O
Omnicom Group Ord Shs	96.75	96.14	OMC
PACCAR Ord Shs	80.36	79.48	PCAR.O
Parker-Hannifin Ord Shs	380.19	375.47	PH
Pentair Ord Shs	62.7	61.04	PNR
PPG Industries Ord Shs	144.43	143.08	PPG
Pultegroup Ord Shs	78.67	76.27	PHM
Quanta Services Ord Shs	194.66	190.94	PWR
Republic Services Ord Shs	150.19	148.19	RSG
Rockwell Automation Ord Shs	322.66	320.75	ROK
Roper Technologies Ord Shs	470.87	462.02	ROP
Royal Caribbean Group Ord Shs	101.43	97.92	RCL
Snap On Ord Shs	283.18	277.79	SNA
Take Two Interactive Software Ord Shs	146.34	143.51	TTWO.O
TJX Ord Shs	82.8	82.72	TJX
TransDigm Group Ord Shs	873.74	855.34	TDG
United Airlines Holdings Ord Shs	56.03	54.26	UAL.O
Universal Health Services Ord Shs Class B	156.37	152.67	UHS
Vulcan Materials Ord Shs	220.42	214.77	VMC
WW Grainger Ord Shs	770.5	748.09	GWW
Zimmer Biomet Holdings Ord Shs	144.81	144.58	ZBH

 

 

"I wish everything else in America was working as well as Costco does," So said Charlie Munger.

“I believe Costco does more for civilization than the Rockefeller Foundation,” Munger said. “I think it's a better place. You get a bunch of very intelligent people sitting around trying to do good, I immediately get kind of suspicious and squirm in my seat.” 

• I’m a card-carrying member of a cult: Costco

 

The latest regarding weight-loss drugs: 

• Eli Lilly's experimental medication mimicking 3 hormones  yielded a 24% weight loss on the highest dose over 48 weeks in a phase 2 trial, the most seen yet.

• Wall Street’s obsession with next-generation obesity and diabetes treatments intensified over the weekend as drugmakers presented new clinical-trial data on the drugs 

Notes Today:

• Low water levels in Panama Canal expected to impact U.S. grains
• New 2023 World highest temperature was set yesterday in Iran: 51.8C (125.24F) at Shahdad ,Kerman Province, in the Dash-el-Lut desert. 

• Ford got a $9.2 billion loan to build three EV battery factories in Tennessee and Kentucky.

• So far Midwest rain does not seem that impressive to me. But what do I know? Market will let me know in 6 hrs.

• 

•  Evidently better than expected rainfall across the "I" states this weekend.

Problem with these notes: some tend to run up against a deeply rooted feature of human cognition - the desire not to think about anything unpleasant…Sorry about that.

 

Quick Overview is up to date

Corn & Beans:

The rain that’s in the current forecast better show up, as a further deterioration in crop conditions could result in a historic bull market..

Notes Today: 

• Almost 770,000 CalPERS members hit by cyber attack. Largest US pension fund says dates of birth and social security numbers compromised. FT

• 3 people have acquired malaria in the US (Florida & Texas). They’re the first in 20 years.

• A Ukrainian source I trust says Wagner is headed to Moscow. (Looks like the wagner dude is having second thoughts).
  
  
  
• Russia possesses a total of 5,889 nuclear warheads as of 2023. 

• Morgues full and hospitals overwhelmed as India’s heatwave death toll hits 170. 

• Beijing issues highest heat alert as north China swelters. 

 

Problem with these notes: some tend to run up against a deeply rooted feature of human cognition - the desire not to think about anything unpleasant…Sorry about that

Economists warn that recession could be the price that central bankers have to pay as they continue their battle against inflation

• Japan’s consumer prices rose at a faster pace than expected in May. Prices excluding those for fresh food gained 3.2% YoY

This is a boon for the US economy and overall jobs.

Notes Today:

 

The big question that will be asked about us and this period is just exactly how everything got so fucking stupid and so fu so fast. Of course, someone will have to be around to ask the question.

• (perhaps Jim Stewartson has an answer?)

• Harvard dishonesty expert accused of dishonest..

• Public approval of the Supreme Court has fallen to an all-time low of 30% 

• Sonia Sotomayor: “Samuel Alito is the most corrupt Supreme Court Justice in history.”

Clarence Thomas: “Hold my beer!”

Brett Kavanaugh: “Did someone say beer?”

From Captain Obvious @TheFungi669 

• Fed’s Powell Says US May Need One or Two More Rate Hikes in 2023.. 

• Britain’s annual inflation rate did not fall as economists had expected in May, remaining stuck at 8.7%.

• Canadian wildfires, burning for weeks, continue to burn and spread, while news of a lost submersible, and sad loss of 5 lives, has been covered incessantly.

• Musk, Tesla / Twitter boss, said that his electric-vehicle company will be in India “as soon as humanly possible”.

Problem with these notes: some tend to run up against a deeply rooted feature of human cognition - the desire not to think about anything unpleasant…Sorry about that.

 

The Economist list of most liveable cities: 

They are overlooking weather.

Include weather, and San Diego beats Vienna – easily! 

Price and volume break out (today in S&P 500)

Instrument Name	Close	% change	Volume	% above	Symbol
Generac Holdings Ord Shs	128.87	7.9132	2141091	103.1145	GNRC.K

 

 

Will US corn Yield come in at the  estimated 181.5 this year?

US & World Corn stock to use ratio

Corn

USDA Corn % Excellent + Good Ratings

Notes Today: 

• 40 million Americans will have to pay an average of $350 a month in student loans after a 3 year pause.

• More Americans Are Getting Auto Loans That Exceed the Worth of Their Cars. Loans hit 125% of vehicle value in first quarter. The trend may foreshadow higher delinquencies. (Bloomberg)

• Qualcomm cuts 415 jobs at San Diego headquarters amid lingering smartphone slump 

• New home construction surges by most in 30 years, suggesting recovery from Fed hikes.
  
  
  
• The 14th Amendment Section 3. bars anyone from holding office who has engaged in insurrection against the United States.

• 
       Nicole Wallace (MSNBC) has the trump lies count since 2016 at 30,000 plus.

 

Problem with these notes: some tend to run up against a deeply rooted feature of human cognition - the desire not to think about anything unpleasant…Sorry about that.