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In The News for Wednesday, January 4, 2023
Posted Jan 04 2023 7:56AM

·        If you are a regular reader of my Reveille commentary, you know I was unrelentingly positive on Energy stocks for all of 2022. Here are the top 20 performing stocks in the S&P 500 for 2022. See if you notice a common denominator.

Best S&P.png        

 H  Hiigher Oil Prices are forecast for 2023. We are still recommending investors continue to significantly overweight Energy stocks.  

·        The Dow Jones Industrial Average was down 8.78% for 2022. You may remember that after being a part of the Dow since 1928, Exxon was removed from the Dow in August 2020 and replaced with Salesforce, which was the worst performer in 2022, down 47.8%. Good move selection committee. But for that the Dow would have been positive in 2022.

·        Spotted in Tennessee. Is this the best car decal ever? License plate blacked out to protect the innocent.

·        Half think COVID vaccine is deadly. Add me to that group. Dr. McCullough claims 1598 suffered cardiac arrest since vaccination compared to 1101 in prior 38 years. I suggest you also read this. Something wicked this way comes…

·        Love it. Rapper Zuby identifies as female to smash weightlifting record.

·        Before this is all over, I fervently hope to see Gen. Milley court martialed for treason and busted to buck private. Transcripts Show General Mark Milley and Nancy Pelosi’s ‘Nuclear Codes’ Talk More Extreme Than Previously Reported.

·        Smoking guns out of the FBI no longer surprise me. It may not be salvageable in its current form.