E Correcting Barron's And Loving Lazard

*An anonymous writer on SeekingAlpha calling him or herself “Fun Trading” wrote up BP plc and Shell. BP gained 4.25% and RDS-B 2.2%. Royal Dutch Shell will supply renewable energy to Amazon to meet 100% of AMZN's power needs by 2025. AMZN fell 1.2%. Crude oil topped $60 for the first time this year.

*Electric vehicle stock NIO of China gained 3.65% today on news that Tesla founder Elon Musk is investing heavily in bitcoins, dogecoins, and ether. Nio sells its vehicles for cash or credit.

*Schlumberger Ltd rose in London and some more here, up 3.8% because oil and gas will still be needed for decades despite clean energy moves. Throwing away old cars would be dreadful for the environment. It is a favorite of institutional investors including the heirs of the founders and others which own over 75% of the SLB shares out and many fund managers.

Golden years

*SPDR Gold, GLD, my other 2021 pick, up 1.4% today on renewed fear of inflation. Actually, it looks like the Biden Administration will not put a new $15/hour minimum wage rule into the current stimulus package, which lessens the inflationary risk. But it fell back a bit later to $171.71, up 1.12%.

*Alternatively you can join Elon Musk in purchases of bitcoins, dogecoins, and ether, which you can also use to buy

Tesla cars.

*Energy Fuels, UUUU, made up for earlier losses, up 10.16% to $5.35. It offers to remove rare earths in uranium for other miners of nuclear fuel.


*Tower Semiconductor, Israeli, hit a new high of $32.23 today at the open but fell back to $31.82, up 1.6% later. TSEM reports Weds. I will not be here as I have my 2nd COVID-19 jab scheduled. It was raised to buy from hold by Craig Hallum with a $35 target price.

*BAE Systems via its Vermont sub signed up AmazonWebServices for its security, machine learning, and artificial intelligence offerings for the US government, on AWSGovCloud. BAESY is also offering data labeling as a service (DlaaS) to customers working with the govt database to make decisions fast.

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