We can no longer buy Russian diamonds at Tiffany's because they are banned. 

Sir Jeremy Fleming, head of MI5, a UK spy agency, argues that Vladimir Putin was not only misinformed before the invasion of Ukraine about local opposition, but that he is still not getting reports on how bad the situation is in the target regions of the country: Mariupol, Donbas, Chernihiv, and of course Kyiv. Talks on a deal continue and it looks like Ukraine will not become a NATO member if it gets security guarantees, including from Russia.

Mexican unemployment rose for the first time in 7 months in Feb., blamed on the covid-19 virus. Unlike South American countries its currency is still being held. Meanwhile, in Argentina, Brazil, and Venezuela, people are using cash to play with cryptocurrency because of double-digit inflation, according to Eduardo Garcia at Sentido Comun. 

Pres. Biden plans to rap the oil reserve to lower gasoline prices by a million barrels per day for 180 mn barrels.

Image Source: Pixabay

Ratings

*BMO rates Cameco outperform with a $42 target price, despite its lower EPS at 5 cents vs 9 last year. CCJ opened up 6.02% today but now is only up 5.87%.

*UUUU, Energy Fuels, is also up, by 5.14%, for its uranium and not rare earths.

*Bioline RX gained 3.04% today. BLRX.

*Deere rose over 1%. DE.

*State Street Bank was rated outperform by Wolf Research. STT.

*Genfit opened up 5.6%. GNFT.

*Coterra rose 2.34%. CTRA.

*Grifols rose 1.35%. GRFS.

*Kinder Morgan gained 1.29%. KMI.

*Atlantica Yield went up 1.26%. AY.

*Chris Temple tipped PLUG Power on the Money Show. It is up 2.75% today.

*PDI was tipped by Rida Morwa. We told you first. Mr. Morwa announced last week that he was no longer buying stocks but reversed himself.

*Orbia (Mexichem) hit $5.02, up 18.1%. It now trades only by appointment here. MXCHY.

*The big negative ratings included NIO, down 2.52%; Biolinerx down 3%; and Tomra Systems down 2.5%. TMRAY.

Outlook

*The price of gold is up .31%. One reason for this is that the Fed funds rate is lower than the consumer price index. US consumer spending was only 0.2% in Feb. GLD.

*Bausch & Lomb is doing an IPO of its eye health products. BHC.