Friday file

Our top performers today include  Nio for the reason given below.  Other winners include Mercado Libre the Amazon of Amazonia; Thermo Electron, my largest US holding. The big loser was Prosus of South Africa, a proxy for Chinese Internet stocks under attack from Beijing, which I think is a potential winner using its cash. Another loser is Qualcomm, a US share I own.

Please note that my list of stock holdings is incomplete because in addition to my brokerage account, I how shares using my bank account also, as well as bonds. These are mostly companies without easily covered ADRs: Nordea Bank and Sampo Insurance, Thai Demco, etc.


 

Cameco (NYSE: CCJ) and X-energy entered a non-binding, non-exclusive Memorandum of Understanding to explore possible areas of cooperation to support the potential future deployment, fuelling, and servicing of Xe-100 small modular reactors (SMRs) in Canada and the USA. “We feel very confident about the future of nuclear power and the future of SMRs, here in Canada, in the U.S. and across the globe,” said Cameco president and CEO Tim Gitzel. “We intend to be a fuel supplier of choice for the emerging small modular and advanced reactor market and look forward to working with X-energy to (find) opportunities around their innovative reactor technology.”

The Investment Reporter of Canada published a list of "market-beaters" which included the following shares we own: Alimentation Couche-Tarde;  and Pembina Pipeline. Its market-laggards featured Cameco Corp which we consider a winner.

Zymeworks is again in focus because it looks like a takeover candidate.  It was picked by Martin Ferera who hangs out in British Columbia. 

Pinxter Analytics  (whoever they may be) today published a boost for Teva, the Israeli drug firm.  The Sacklers, who had crafted a bankruptcy to avoid paying in full for opioid sales by their company, were challenged to do better.They were at Yom Kippur services and now have to improve their offer to cover treatment with a limited budget. TEVA has been unfairly linked to the Sackler operation, in my opinion.

The China electric vehicle race today saw Lucid Motors go further on a charge than Tesla.  Lucid cars top the price level at $169,000 per vehicle for now, but it plans a cheaper version at $77,000, still higher than rivals. 

Yesterday the stock market suffered from the absence of Jewish trading during Yom Kippur, the holiest day for them. Good retail sales numbers failed to boost markets as expected. In our portfolio, Cabot Oil and Gas fell 3.1% despite its merger prospects which had raised its stock. I expect a correction to the correction. 

The energy sector was in focus after Congress called for an accounting of efforts made to deflect concerns over climate change. Note the UK and Euroland oil companies BP plc and Royal Dutch Shell B were challenged by Rep Caroline Maloney although they had provided better data to British investigators than their US rivals. I guess this is what you have to do to prove you are looking after the US perpetrators.

A sharp rise in the price of natural gas has led to two British fertilizer plants closing cutting available plant food (ammonia) in the UK to fall 40%. This will push up food prices. 

Because Morgan Stanley ended operations for one of my bond funds, I opted to buy Next Gen Emerging Markets Portfolio, a small cap fund, formerly Frontier Markets Portfolio. It is barely profitable because of fees to cover foreign currencies in which it invests. I think bond funds are now mostly toast.

Our stock market performance today follows. I will try to offer this once a week from now on as editing it for privacy is slow. 

 

 

PORTFOLIO HOLDINGS

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Symbol      Last     High      Low    Volume        Change
--------------------------------------------------------------------
AAIGF     $11.55   $11.55   $10.96       736          +0.18 1.58%
ABB       $36.26   $36.56   $36.25   191,362       -0.355 -0.97%
ALB      $228.00  $230.00  $227.67   272,387     -3.25 -1.41%
ALKS      $29.47   $30.04   $29.32   235,562       -0.32 -1.07%
ANCUF     $39.00   $39.27   $39.00     4,353      -0.36 -0.91%
ANFGF     $19.70    $0.00    $0.00       254          0.00%
AQN       $15.44   $15.50   $15.41   122,822      .32%
AQNB      $27.73   $27.73   $27.72       332       0.01 0.04%
AUPH      $19.84   $19.84   $19.25   439,004    0.455 2.35%
AWF       $12.33   $12.35   $12.31    22,906      0.00 0.00%
AXP      $162.92  $163.75  $161.57   814,259   +0.285 0.18%
AY        $37.26   $37.41   $37.02    42,084       0.12 0.32%

AZN       $55.80   $56.36   $55.78 1,158,627   -0.80 -1.41%
AZRE      $21.69   $21.93   $21.51     6,243    +0.0432 0.20%
BAESY     $31.11   $31.41   $31.08    26,280   +0.39 1.27%
BCE       $51.02   $51.20   $50.83    88,252     -0.22 -0.43%
BLRX       $2.64    $2.69    $2.64    48,784     -0.03 -1.12%
BLX       $16.72   $16.72   $16.53    31,777    +0.10 0.60%
BMY       $60.96   $61.24   $60.36 3,814,024  -0.275 -0.45%
BNS       $61.73   $62.08   $61.64   137,385   -0.17 -0.27%
BP        $25.14   $25.47   $25.12 1,855,213   -0.20 -0.79%
CAE       $29.37   $29.56   $29.30    18,209    +0.07 0.24%
CBOE     $122.68  $123.90  $122.68    97,662 -1.0275 -0.83%
CCJ       $24.00   $24.34   $23.69 1,277,364    -0.03 -0.12%
CGEN       $6.09    $6.15    $6.05    50,531     -0.0461 -0.75%
CGRIF     $32.46    $0.00    $0.00         0      0.00 0.00%
CMDXF      $3.59    $0.00    $0.00         0     0.00 0.00%
COG       $19.34   $19.61   $19.33   727,934  -0.035 -0.18%
CPNG      $29.74   $29.74   $28.99 2,335,515  +0.325 1.11%
CRH       $50.88   $51.43   $50.88   109,941    -0.84 -1.62%
CSAN      $17.34   $17.60   $17.31    15,085    -0.55 -3.07%
CSIQ      $36.74   $36.74   $36.11    45,830     +0.195 0.53%
CX         $7.41    $7.53    $7.38   811,110      -0.10 -1.33%
DE       $349.98  $354.31  $349.10   545,206 -5.355 -1.51%
EMD       $14.01   $14.05   $14.01     4,871    -0.0407 -0.29%
EMF       $17.66   $17.69   $17.66     1,394    -0.04 -0.23%
ENLV      $10.93   $10.98   $10.71     8,913    -0.07 -0.64%
EONGY     $12.80   $12.99   $12.80     5,504   -0.15 -1.16%
ERIC      $11.40   $11.49   $11.40   475,257  -0.2069 -1.78%
ESALY     $76.32   $76.32   $76.32     3,691  -0.075 -0.10%
ESPR      $12.44   $12.50   $12.10   130,285  +0.35 2.89%
ESTE       $8.82    $9.09    $8.76    45,828      -0.18 -2.00%
EXEL      $20.16   $20.57   $19.96   324,310  -0.38 -1.85%
FANUY     $24.13   $24.22   $23.48    12,904     -0.06 -0.25%
FAX        $4.18    $4.22    $4.18   306,435      -0.0175 -0.42%
FCO        $8.75    $8.80    $8.70     1,765         +0.06 0.69%
GE       $100.86  $101.86  $100.60 2,294,221        -0.48 -0.47%
GLD      $163.87  $164.32  $163.50 2,026,130       -0.16 -0.10%
GNFT       $3.83    $3.83    $3.83       846        0.00 0.00%
GNL       $16.59   $16.67   $16.54   130,145      +0.01 0.06%
GRBMF      $2.76    $0.00    $0.00         0         0.00 0.00%
GRFS      $15.14   $15.15   $14.72   189,176      +0.69 4.78%
GSJY      $40.82    $0.00    $0.00        19        0.00 0.00%
GSK       $38.87   $39.08   $38.87   383,802    -0.24 -0.61%
HMLP-A    $20.04   $20.39   $20.04     1,102      0.00 0.00%
IBM      $135.37  $135.85  $135.14   993,689    -1.06 -0.78%
IRL       $13.03    $0.00    $0.00        12         0.00 0.00%
IVSBF     $23.37    $0.00    $0.00         0       0.00 0.00%
JMPLY     $75.10    $0.00    $0.00     1,931       0.00 0.00%
JOF        $9.50    $9.50    $9.50       800        -0.08 -0.84%
KF        $42.20   $42.22   $42.20       257      +0.03 0.07%
KL        $41.21   $41.49   $40.95   228,766      -0.30 -0.72%
KW        $21.44   $21.61   $21.41   131,887    -0.08 -0.37%
LAZ       $46.61   $47.50   $46.59    98,986     -0.48 -1.02%
LGI       $21.25   $21.25   $21.25     1,073       -0.06 -0.28%
MCHOY      $7.55    $7.55    $7.55       100      +0.26 3.57%
MELI   $1,890.24$1,899.40$1,885.38    48,724   +8.89 0.47%
MFD        $9.69    $9.69    $9.69               0.00 0.00%
MFMIX     $24.83   $24.83   $24.83             -0.11 -0.44%
MRK       $71.08   $71.36   $70.89  -0.885 -1.23%
MSBHF     $33.16    $0.00    $0.00         0.00 0.00%
MSFT     $301.86  $304.50  $301.56 8,948,229       -3.36 -1.10%
MXCHY      $6.40    $0.00    $0.00         0    0.00 0.00%
NIO       $37.15   $37.57   $37.040       +0.0605 0.16%
NOK        $5.52    $5.57    $5.52   -0.10 -1.78%
NPSNY     $32.70   $32.94   $32.67        2300    +0.42 1.30%
NTDOY     $60.58   $60.75   $60.26        +0.56 0.93%
NTR       $62.65   $63.38   $62.24   249,724      -0.506 -0.80%
NVCR     $126.90  $127.88  $125.44    37,385     -0.19 -0.15%
NVO      $101.74  $101.97  $101.42   171,663      -0.64 -0.63%
NVS       $83.68   $84.08   $83.65   262,268         -0.70 -0.83%
OGN       $33.36   $34.01   $33.34   339,863       -0.40 -1.18%
ORA       $66.17   $66.47   $65.89    60,004        +0.105 0.16%
PLUG      $25.34   $25.55   $25.01 2,350,437          +0.37 1.48%
PPL       $28.91   $29.14   $28.87 2,071,780    -0.19 -0.65%
PROSY     $16.11   $16.23   $16.11   153,878     -0.39 -2.36%
QCOM     $134.95  $138.00  $134.82 2,277,381      -3.45 -2.49%
RDS.B     $39.90   $40.40   $39.89   564,814     -0.525 -1.30%
RDY       $66.07   $66.74   $66.07     3,087         -0.85 -1.27%
RHHBY     $46.23   $46.40   $46.18    77,146      -0.59 -1.26%
SAN        $3.66    $3.69    $3.65   204,537      -0.045 -1.22%
SAXPY     $25.41   $25.49   $25.41     3,406        -0.28 -1.09%
SLB       $28.56   $29.26   $28.53 2,573,560      -0.305 -1.06%
SMFG       $7.25    $7.29    $7.24   125,267       -0.0199 -0.27%
SPIP      $31.40   $31.42   $31.38    90,912        -0.05 -0.16%
SSEZY     $22.68   $22.68   $22.68       326        -0.48 -2.07%
STT       $85.80   $87.65   $85.67   664,800        -1.25 -1.44%
SWZ        $9.65    $9.65    $9.61     1,053       -0.0201 -0.21%
T         $27.71   $27.94   $27.42 7,791,003       +0.105 0.38%
TAK       $17.18   $17.27   $17.16   227,268       -0.015 -0.09%
TBPH       $6.99    $7.07    $6.77   196,477         +0.13 1.90%
TEVA       $8.88    $8.98    $8.85   994,360      -0.075 -0.84%
TFC       $55.80   $56.08   $55.11 1,686,675     +0.52 0.94%
TIPX      $21.20   $21.20   $21.19    35,147       -0.0026 -0.01%
TMO      $583.95  $601.99  $576.00 1,010,164       +23.51 4.19%
TMRAF     $56.10    $0.00    $0.00         0          0.00 0.00%
TMRAY     $56.63   $56.63   $56.63       366       +0.7445 1.33%
TSEM      $30.56   $31.12   $30.56    37,021        -0.54 -1.74%
TSM      $119.49  $120.47  $119.37   844,432    -1.30 -1.08%
TWN       $36.25   $36.50   $36.25     1,434       +0.05 0.14%
UUUU       $7.79    $8.15    $7.71 1,788,290      -0.375 -4.60%
VEOEY     $34.14   $34.14   $33.18     3,191       -0.26 -0.76%
VOD       $16.08   $16.17   $16.07   880,434      -0.15 -0.92%
VZ        $54.32   $54.43   $54.06 7,063,861       -0.115 -0.21%
WIP       $56.59   $56.83   $56.59     8,598      -0.2483 -0.44%
WY        $36.22   $36.29   $35.70 1,221,107       +0.53 1.49%
ZYME      $36.62   $36.73   $35.26   224,205     1000  +0.5169 1.43%

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