E It Will All End In Tears

*Being British and earning dollars, GSKGlaxo rose 2.5% in UK trading but lost some of that here.

*Spanish Grifols which works on cell surface markers, gained 1.5%+ here today because trials of COVID-19 drugs are using these to check on immunity. GRFS was rated hold by a robo-analyst today while 4 human analysts say it will gain 83.7% from today (at some unspecified date.) I'll take humans.

*Zymeworks CEO Ali Tehrani sold 48,000 shares for $56.16 per. ZYME is another Martin pick.

*Dr. Reddy's is up 0.72%. RDY listed its ADRs in Gujarat's National Stock Exchange in India.

Dirty Stocks

*Oil prices rose because two Iraq wells were attacked. An anonymous writer warns Schlumberger Ltd, maker of oil and gas drilling systems, will again cut its dividend. Raymond James rates it buy with a target price of $98, raised from $60. SLB is up 1.5%.

*Royal Dutch Shell B, RDS-B, gained 2.05% here despite the walkout by green zealots who want to cut its oil and refining businesses faster.

*BP plc, a British dollar earner, rose 2.7% here.

*Bonus stock Cabot Oil & Gas was upped to buy from hold by Siebert Williams with a $21.3 target price. It is $17.41 now. Siebert is no longer a woman-headed brokerage. COG extracts shale in Eagle Ford (TX) and Marcellus (PA).

*Bonus stock Earthstone Energy, ESTE, is recuperating from a rotten Q3 and gained 5.12% today.

Green Stocks

*Orbia Advance Corp is up nearly $2 to $5, up 49.25%. Orbia, trading as MXCHY is crafting a global position in agricultural water-saving drip feeds.

*Cemex invested in US unlisted SoilConnect to cut carbon emissions from sales and transport of construction materials. Mexican CX is rose nearly 4% on its increasing green credentials.

*Energy Fuels rose 9.58% today after crashing Weds. The uranium mining company discovered rare earths in its Utah mine. UUUU, very volatile, is, back near its high. The US has a fund for buying uranium and rare earths from friendly countries like Canada.

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Katy Lin 2 months ago Member's comment

Good article, thanks Vivian.

William K. 2 months ago Member's comment

What the USA needs now is a candidate with both brains and integrity. My suggestion is to have another ballot choice declaring "No Confidence, NONE of the above!" That is because those who are both really smart and very honest are seldom found in politics. And even those who would be OK would probably not pass the media microscope test. So the stock market is still looking sort of good, but the emotional drivers are still unstable and what happens next is not obvious.

My prediction is that all of the stimulus money will ultimately lead to inflation that benefits only a few.

Tin Man 2 months ago Member's comment

Some of the "stimulus" money will lead to people eating and keeping a roof over their heads a little longer during the greatest, most desperate humanitarian crisis in American history. Some small businesses may also escape bankruptcy.

Now, you were saying something about inflation? Got any travel plans for Christmas?

William K. 2 months ago Member's comment

Certainly a fair portion of that stimulus money will do a lot of good. No argument about that. But also, iit is going to bid up prices, which is the same as inflation. If there existed a scheme to only send the money to those in need then that would be the very best way to go.

AND, the fact that the intended and actual effect does provide a lot of good does not remove some of the (not so good) side effects.

Anne Davis 2 months ago Member's comment

I suspect there will be a lot of fraud. But there are always people who will take advantage as there is no way to differentiate between who really needs the help and who doesn't. But without this aid, many will end up homeless and going hungry.