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Attention to detail. EMPIX down 8 cents -0.77%. You did not take into account that EMPIX paid its monthly dividend today. The second to last Friday of the month. So if the dividend was close to last month September 11 cents+ or July 12 cents+ it was up today. But if like August 4 cents +, then down for today.For the day, CBYYX +0.7%, SHRIX +0.66%, EMPIX - 0.77%. That is a big divergence between CBYYX and EMPIX. With today's divergence, EMPIX fell behind CBYYX by 0.8% in Milton effect. I hope CBYYX is not going to give back today's gain on Monday.
The Federal Aviation Administration (FAA) said on Friday it will open a three-month review of Boeing’s compliance with safety regulations, continuing the agency’s closer oversight of the company since a panel blew off a Boeing jetliner during an Alaska Airlines flight in January.
The FAA said its review will examine key areas of safety processes at Boeing to make sure that they “result in timely, accurate safety-related information for FAA use”.
An FAA spokesperson said the review was not triggered by any particular event or concern but rather is part of the FAA’s oversight of safety culture at the huge aircraft maker.
Boeing did not comment immediately on the new review.
The FAA administrator, Mike Whitaker, has ordered special audits of Boeing and other steps to examine the safety culture at the company since a panel called a door plug blew off a 737 Max during the Alaska Airlines flight.
However, the inspector general of the transportation department, the FAA’s parent agency, said last week that weaknesses in FAA oversight are limiting its ability to find and fix problems at Boeing.
The auditor said the FAA has failed to ensure that Boeing and its suppliers make parts that meet engineering and design requirements and to investigate claims that Boeing puts improper pressure on employees who are authorized to conduct safety inspections. The FAA has closed only 14 of 34 reports of undue pressure, with the others remaining open for more than a year on average, according to the report.
Last month, the National Transportation Safety Board issued an “urgent” recommendation to the FAA about a problem that surfaced in February with rudders that pilots use to steer certain Boeing 737s after landing. Two weeks later, the FAA later issued a safety alert to airlines about the matter.
keep an eye out for securitized public issuances of private loans as spreads in private loans become unattractive and demand dries up in private markets. You can always find suckers in public markets. I am guessing we have not seen all the lives of this cat yet.Today seemed like a good day to sell THOPX and WCPNX. That leaves MNHAX as my longest duration bond fund. It has been fairly steady so far. I'll be keeping an eye on it.
Here is the Yahoo print of the Bloomberg story mentioned by @BaluBalu above.
I don't think Trump reads the business section. I keep reading that we're on the verge of an oil glut and he wants the oil companies to keep drilling while they are putting money into not-so-green hydrogen or converting refineries to producing bio-diesel.I don't know about nukes, but green-hydrogen fuel cells are going to replace batteries sooner than we think.
At a campaign pit stop, DJT gave his pronouncement against hydrogen. As is customary for him, he took the crowd along with him in mocking hydrogen fuel cell powered cars as bombs on wheels. So, you got a big hurdle for hydrogen technology in the US. May be Musk is in DJT ears on this but it is a no go.
@yogibearbull, which ETFs do you suggest I look at for gold-miners?So, either gold-bullion is overvalued now, or gold-miners are undervalued. I am betting on the latter. Watch $XAU around 164 bow; its 2010-11 peak was 225+.
I'll say.While gold is at new highs, gold-miners have lot of catching up to do.
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