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$GM beat well on quarterly Rev and earnings and raised the rest of its year EPS to $10. It is a value company trading at only 5X earnings! $TSLA a MEME stock is forecast to earn like $4.00 annual EPS but trades at 100X PE!! If GM was a meme stock it would be $500 not just $50!!🥱
$TSLA trades at 100X future PE as they earned only $3.92. GM earned $8.18 and trades at 4.81X future PE!! If GM traded at the ridiculous narrative driven $TSLA movement as a meme stock GM would be at $800 dollars now not just $46! This is why value stocks are ignored these days!
Commodity Crude and Brent up 9% since they hit recent lows on 6/5 and now ETFs $XOP and $XLE down a bit and $XOM down 4% since then. All good value type energy stocks with super low PE ratios, high yields, great FCF all ignore not bad WTI oil pricing near $80 and go down weirdly.
The #GFS crayon drawing weather forecasters stink. They change their model pics every 6 hours anytime past the 7 day period of their guessing weather forecast. And the 10 to 16 day forecast is never the same either. It all moves billions in #NG commodity trading up or down !!
ECMWF which is usually a better forecaster, is showing a much colder 5 to 10 day period then the GFS. This is a pic of the 9th day which is complete opposite vs GFS. If ECMWF is correct I guess #NG gets to $3.00. If the every 6 hour flipfloping GFS is right we stay at $2.50.
All weather models like GFS suck as they move #NG up/down like a daily roller coaster! Those crayon drawer guys change their weather models pics every 6 hours! Even short term models they change alot. Long term models all suck! Maybe #NG short sellers now bribe them 😆. kidding!
#NG rig count down another -4 this week. Brings the YTD drop to -43 NG rigs which is a 27% drop in rigs from last years 157 number. Current total is now only 114 rigs. And the perma bears continue to just sell NG!
Biden is crushing our great #Pharma co's because he is pushing to control pricing. This may hurt our population more as the Pharma co's will have less $ to keep supporting health lives here. Biden never forces College fees or Tech co's or even AAPL to lower their crazy prices!
#natgas! 12Z GFS is changing just like I said it does every 6 hours! Now it shows a lot of purple color on the Lower 48! Also w/ LNG going to be above 14 bcfd going forward, w/ todays storage coming under forecasts and now weather freezing in October, rigs dropping, NG could 🚀!
Saturday GFS 12Z is colder than Friday GFS 12Z. Of course #NG tweeting traders only go by the Sunday 12Z GFS to open #NG Sunday night and Monday morning even though weather model change every 6 hrs! So much better for these tweeters to issue avg combined model #s not just 1 model
IF CHINA DOES INVADE TAIWAN SOON, DUE TO PELOSI'S RECENT VISIT...I WONDER IF HER DAY-TRADING HUSBAND IS SHORT THE SEMI CONDUCTOR INDUSTRY AS WE SPEAK!!?? wsj.com/articles/beiji…
If Russia invades the Ukraine and we get these flip flopping weather models to show dark blue colors on the model map over the weekend then Monday will be a 🚀🚀🚀for #NG!! $6.00 will be in sight!!
So Big Pharma (#PFE) and Biotech are saving our world from Covid and millions of other health issues with drugs yet Biden, Pelosi, Sanders and all DEM's want to control incentives, profiting and pricing. They also do it to Energy industry but others can charge whatever they want!
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