Two Days In One
Today after a 3-day break I visited my brokerage account. It was in Chinese. I then spent more than an hour working with the brokerage tech support team to get my stock market data in English. While I am not sure why this happened I suspect it was related to website problems. I tried to make peace with the Indian team as part of my Day of Atonement policy but I may have opened my internet to hackers, not from my Drupal team, but maybe its US boss or rivals...
There is a warning out about yahoo mail which is used by my husband and some readers of my blog. While his computer is in our apartment and not in my office, they do have some links, mostly because his account lets me deal with blockages over password changes.
Hackers also took down google over the Jewish holiday. It certain exhibited very weird stock market movements, an illogical up-move after the NY Times report on Trump's income, debt, charity, and taxes.
We went to virtual Atonement services Sunday night and Monday. I learned a few things from Rabbi Angela Buchdahl's sermons. First, she claims that people questioning her about whether she is Jewish hurt her feelings and being silly. The latest tallies, she said, show that 13% of American Jews are of Color. She is half Korean and counts as one. The same for my two eldest grandchildren who are Black and adopted.
Her other sermon at the Memorial Service yesterday was the real shocker. The year to date death toll at Central Synagogue in posh East Midtown Manhattan at 180 deaths is 5 times the normal level. It turns out that our neighborhood is more vulnerable to COVID-19 that I assumed. In my building, many people exited the city for secondary residences in the country and the sunbelt. But there were plenty of others congregants who stayed put, and in many cases were much more exposed than we were.
After the fast ended we went to a local posh French restaurant for restoration therapy. It is not Kosher because my household is not Kosher. Just down the block from the place us the residence of the Argentine Rabbi Pinto who had laid out a spread for fellow-Argentines to break their fast, on East 58th St. Unfortunately, in the Orthodox canon, you need to see three stars to mark the end of the Jewish day, and the night was cloudy and no stars appeared. Finally Rabbi Pinto came out with a beautifully dressed Torah with a huge silver top (Sephardic as he is) and a man blew the Shofar and the fast ended.
The 100 or so people who filled the block (including a couple of non-whites) grabbed prepacked sandwiches and bottles of water or orange juice and dispersed. Was the break-fast was legal? Our restaurant manager said no.
Rabbi Pinto, married to a descendant of Ashkenazic (non-Sephardic) rabbis, had legal troubles in Israel and here. He is backed by Eduardo Elzstein, the Buenos Aires real estate mogul who now lives in Israel, having a mixed reputation. Rabbi Pinto also has a rachmonis, a mentally retarded child.
As noted already the Monday boomlet came without Jewish participation, because of the High Holy Day. Today many of these non-Semitic bull stocks fell because of fear for Trump's chances. There also were more deals so far this week, building on Friday's run. Here are some involving our stocks:
Tech & Tel
Microsoft MSFT went down during the day, copying Google GOOGL last week.
*Nokia again used its radio links to sign up a new telco, British Telecom, the UK leader, for which it will supply 5G RAN upgrades for 2-4G radio. NOK rose 1.33%. It was tracked by Ericsson up 1.1%.
*Endurance International EIGI, the Mass. webhost my company uses, put itself up for sale.
*Naspers NPSNY fell 12% in South African trading. Jo'burg brokerages are often Jewish owned.
*China's Nio NIO makes electric bikes plus scooters, not just cars and SUVs. NIO 8.1% to $20.33. after being tipped by Deutsche Bank's Edison Yu with a $24 TP.
*Japan's NTT Docomo (DCMYY) rose 9.54% today to $36.45% catching up with Japan.
*Fanuc (FANUY) jumped 2.52% to $19 in Japanese trading and 2.4% here.
*Sorting and recycling specialist Tomra Systems gained 1.8% to $43.14. TMRAY is Norwegian.
*Multichoice of Africa rose 3.4% to $5.15. Jews are big players in Jo'burg stocks. MCHOY.
*Mercado Libre which was founded by Argentine Jews fell 1.5%. MELI is the Latin Amazon. AMZN fell 0.4%.
*Bonus stock Qualcomm fell 0.5%. QCOM for us is a way to own Israel startups.
*Tencent rose 4.7%. TCEHY we sold
Drugs
*Genfit GNFT, the French NASH (liver disease researcher) popped 47% in Paris on talk of a deal with Labcorp, a private company. It gained 31% Monday and 5.6% today. Its new drug is elafibranor for primary biliary cholangitis.
*Zymeworks ZYME was downgraded to equal-weight from overweight by JP Morgan. It rose 1.5%.
*A half dozen drug firms were tipped by Berenberg among them Novo Nordisk which hit a new high at $70.38; Astra Zeneca, and some US firms. NVO; AZN. Compugen CGEN gained 2.2% to $16.45 when Israel was closed. Teva TEVA gained 1.97% after a long hiatus in Tel Aviv but it did not flourish here.
*Beigene BGNE jumped 5,6% today in Asia markets but not here. It did hit a new high at $281.61.
*Eisai of Japan fell 1.4%. ESALY is our Alzheimer play but if oldsters die of CV-19 they won't get it.
*Glaxo GSK fell ~1% today as the Administration heralded its cheaper drug policy in an attempt to win US votes despite the likely repeal of Obamacare under the new Supreme Handmaiden nominee.
Energy
*RDS-B and BP Plc BP were dissed by Yukos because they are cutting oil output as demand falls to invest in green energy.US crude is cheaper.
*Mexican drip-feed maker Orbital Energy (MXCHF) fell 9% Monday and another 8.2% today. cf comments on Canada below.
*Brazilian Cosan (CZZ) pulled its sale of Comgas Energia blaming “degeneration of the market consensus for oil”. This is the 2nd spinoff failure YTD. It fell 2.5%.
*The renewed war between Azerbaijan and Armenia over Nagorno-Karaback, an enclave in the former Caucasus stewpot, threatens oil output.
*Azure Power AZRE of Mauritius gained back its loss Monday, up 3.2%.
*Germany's EON (EONGY) rose 0.9%. A ute is a haven from Trump election interference.
*Ormat Energy, ORA, a Nevada incorporated geothermal energy play majority-owned by Israelis, for 1.25% today.
*French-owned and Dutch listed Schlumberger SLB fell 5%. I recently learned that some of the heirs to the SLB family owners are not Huguenots like the founders, but Jewish, and therefore were out of Monday's market.
Finance
*Ping An increased its stake in HSBC Bank but its HSNGY Hong Kong sub Hang Seng Bank fell 50¢.
Havens rose on Trump tax dodging news.
*SPDR Gold GLD is up $1.44.
*Spanish Banco Santander SAN fell 3.14%.
*Scottish Standard Life Aberdeen, SLFPY, gained 1.7%.
*Swedish Investor A/B gained 1.31% to $65.7. IVSBF.
*Finnish Sampo Oij is up 0.2%. SAXPY.
*However Mitsubishi (MSHBF) fell 2.3% here today. Sumitomo (SMFG) fell 1.6%. They have been very bullish plays since Japan named its new PM.
* Bank of Nova Scotia BNS fell 1.25%. Canadian General CGRIF failed to thrive and is flat at US$19.38-19.47. The Toronto Index is down 0.3%. Canada is like Mexico, far from God, and close to the United States.
*Tel Aviv's top 35 stocks gained 1.5% today and its broader index rose over 2% despite new revelations about Benjamin Netanyahu nearly as bad as those about Trump, and renewed lockdowns as COVID-19 rises. It is near to God and far from the United States.
Interesting and educational. Thanks!