E It Will All End In Tears

*Canadian Solar, CSIQ, gained 1.7% today. It makes solar panels in China.

*China's NIO rose 2.3% because it is not Tesla TSLA which also gained.

*Platinum prices are up 20% since the end of Oct. The metal is used to clean exhaust pipes. Johnson Matthey is up a tiny bit more today. JMPLY processes and sells platinum group metals.

Tech & Tel

*Mercado Libre is on a roll. Every time a US internet giant is hit with rules MELI of Argentina gains. Today it is up 2.25%.

*Trip.com Group TCOM regained part of its loss yesterday, up 0.9%, because it is not a US travel booker banned by China, but a rival.

*Qualcomm QCOM is up another 0.65%.

*As I reported already, Ericsson and Nokia tested a system using mobile network to map corridors for drone flights. Tipped today by a bigger website than mine, both shares are down. Marketwatch tips Amazon to buy the Application Programming Interface from Swede ERIC and Finn NOK.

*Reverse vending machine and sorting firm Tomra TMRAY of Norway is up 0.6%.

Banksters

*Mitsubishi gained 1% but Sumitomo lost 0.68%. MSBHF and SMFG alternate.

*Bank of Nova Scotia BNS is up 0.5% today.

*Banco Santander SAN is down 3.33%.

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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.