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By The Money Go Round (Reporter)
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Wednesday Randomosity

Wednesday, November 16, 2016 22:55
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(Before It's News)

  • The 7-day win streak for the Dow ended today. Nothing lasts forever.  Nasdaq was up, though.
  • I remain long stocks in a diversified sort of way.  A little sad to see the selloff in some of the tech stocks I have, but not worried “over the long term.”
  • $FB – More misleading stats from Facebook? Last September was the video watching stats.  This time?  Undercounting or overcounting of four measurements…  Are they worried about fake news or fake stats?
  • $AMZN – Black Friday at Amazon means TVs on sale! Anyone need a new one?
  • Wolfcamp shale portion of Permian basin in Texas has up to 20 billion barrels of oil and 16 trillion cubic feet of natural gas.  Seems like a lot.  Going to need MORE pipelines!
  • Maybe the Democrats best chance at fixing Obamacare was with a President Trump and a GOP Senate and House.  Now the GOP will be forced to keep the popular portions and tweak other parts.  Dems probably couldn’t have done that with gridlock in Congress.
  • I haven’t done much stock trading this year. Keep adding to the index.  Month after month.  Adding to some individual names when they sell off.  (Some lately).

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