Auto from nzxt - Tue 16 Dec 2025 01:47:41 PM EST

4 files changed, 63 insertions, 5 deletions

diff --git a/Finance/Tickers/DD.md b/Finance/Tickers/DD.md
index 5897c28..8af3bc5 100644
--- a/Finance/Tickers/DD.md
+++ b/Finance/Tickers/DD.md
@@ -1,3 +1,35 @@
 
 # DUPONT DE NEMOURS, INC. - NYSE:DD
 
+
+With the completion of the Qnity Electronics (NYSE: Q) spin-off on November 1, 2025, and the pending divestiture of the Aramids (Kevlar/Nomex) business, DuPont has shed its most cyclical and capital-intensive assets.
+Qnity Spin-Off (Completed Nov 1, 2025): The cyclical semiconductor/electronics materials business is now independent. DuPont shareholders received 1 share of Qnity for every 2 shares of DD. This removes semiconductor cycle volatility from DD’s profile.
+
+
+Aramids Divestiture (Signed Aug 2025, Closing Q1 2026): Agreed to sell the Kevlar/Nomex business to Arclin (TJC) for ~$1.8 billion. This exits the defense/law enforcement fiber market, further reducing cyclical exposure
+
+What remains is focused on Water, Healthcare, and Protection.
+The “New DuPont” is no longer a sprawling chemical conglomerate. It generates revenue through a focused portfolio centered on secular growth themes: clean water, medical safety, and sustainable shelter.
+
+---
+Water Solutions: A global leader in reverse osmosis (RO) membranes and ion exchange resins. Generates recurring revenue from consumables used in desalination, wastewater reuse, and ultra-pure water for manufacturing.
+
+DuPont’s water business is a scaled, tech-heavy filtration and separation platform built around membranes and resins that sit at the core of modern water treatment, reuse, and ultra‑pure water systems
+Reverse osmosis (RO) and nanofiltration (NF) membranes: Thin‑film composite membranes (branded FilmTec) used for desalination, brackish water treatment, and high‑purity industrial water.
+Ultrafiltration (UF) / membrane bioreactors (MBR / MABR): Hollow‑fiber and PVDF membranes for particle, bacteria, and virus removal, often used as pretreatment to RO or as tertiary treatment in wastewater reuse projects.
+Ion exchange (IX) resins: Cation/anion resins for softening, demineralization, and selective contaminant removal (e.g., nitrate, heavy metals); also used in industrial boiler feed and power plants.
+
+Revenue is generated from both original equipment (membrane modules, IX resin charges, UF skids) and recurring consumables and replacement cycles, as membranes and resins require periodic replacement depending on fouling and operating conditions.
+
+End market: Municipal water and desalination, Industrial and power, Microelectronics and high‑purity, Healthcare and bioprocessing, Residential & commercial
+
+---
+Safety & Protection (Ex-Aramids): With the bullet-resistant vest business (Kevlar) being sold, this sub-segment now focuses heavily on Tyvek, a proprietary high-margin material used in medical sterile packaging (essential for devices/pharma) and construction (home wrap/weatherization).
+
+---
+Industrial Solutions (Retained): Includes diverse, high-value specialty lines such as Tedlar (aerospace/solar films) and other adhesives/fluids that service healthcare and advanced mobility niches.
+
+
+# Quantitative
+
+ DuPont trades at a discount to pure-play water peers (e.g., Xylem, often >20x EBITDA) and medical packaging peers (e.g., West Pharma), but at a premium to commodity chemical firms (Dow, LyondellBasell ~7-8x).
diff --git a/Finance/Tickers/HON.md b/Finance/Tickers/HON.md
new file mode 100644
index 0000000..7f04cf9
--- /dev/null
+++ b/Finance/Tickers/HON.md
@@ -0,0 +1,13 @@
+# Honeywell 
+
+2 Main divisions
+- Aerospace
+- Automation
+
+Elliot 330-380 PT 
+
+Since Feb25 HON intend to separate 2 divisions into diff companies - planned for H2 2026
+
+SOLS - used to be HON advanced materials division
+
+Quantinuum ?
diff --git a/Finance/Tickers/index.md b/Finance/Tickers/index.md
index c71c90b..40d2e43 100644
--- a/Finance/Tickers/index.md
+++ b/Finance/Tickers/index.md
@@ -44,6 +44,8 @@
 
 [[HE]]
 
+[[HON]]
+
 [[KEYS]]
 
 [[KDP]]
diff --git a/Trading.md b/Trading.md
index 5ee9de2..97929d9 100644
--- a/Trading.md
+++ b/Trading.md
@@ -1,18 +1,19 @@
 # Trades Watchlist
 
 - MO/PM - BUY DIP ???
-## Long
 - [[wiki4:LIN|LIN]]  - Long when turnaround in ISM PMI
 - [[wiki4:AMT|AMT]]  - Proxy for trading rates (yields)
 - BG   - Long Inflation trade - BUY DIP
 - BTU  - DEFINE & BUY DIP
 - HE - hwaian electric (turnaround) ?
-- HYPD - need conviction
 - Short UPS / FDX
 - Short BYND - OPTION TRADE SINCE HARD TO FIND SHARES
 - Short NSRGY
-- LONG POAHY -Euro rearmement bet
-- Short PE (, BX, APO) party over why? Credit where danger currently is, why?
+
+- LONG POAHY - Euro rearmement bet
+
+- Short PE (, BX, APO) party over
+- why? Credit where danger currently is, why?
 - short CVNA
 - LONG UURAF (biggest weight citrini...)
 - INTC - most obvious market long
@@ -36,8 +37,10 @@ WBD Buy dec 25 cal @ 0.75$
 - [[wiki4:LASR|LASR]]
 - prepare silver short like HL as hedge but reverse turn around trade eventually
 - YLLXF
+- XOM 145 PT 
+- SU
+- [[wiki4:HON|HON]]
 
-## Short
 
 # Market Themes (dynamics) (eventually separate into current and future?)
 
@@ -56,6 +59,8 @@ Fannie/Freddie IPO ?
 Us midterms cycle 3mar-3nov
 CCII - blockchain.com spac ?
 
+another leg for silver to 80 ?
+
 If Germany truly intends to build the "strongest conventional army in Europe" with €650B over 5 years, there is no path to achieve this without Volkswagen Group's manufacturing capacity
 
 privite lendings stress find shorts >
@@ -75,11 +80,15 @@ dec 1 start
 - copper deficit by 2026 ?
 What we saw in the last couple of weeks was likely a preview of a wider “unwind” that may (or may not!) take place later down the line.
 
+Ai buildout energy high quality : GEV, CEG, VRT
+
 - Canada being greeked - Greeks had borrowed money from the global markets in order to buy houses massively. They thought that house ownership somehow, someone, somewhere would produce goods and services for them
 - greeked - https://www.msn.com/en-us/money/realestate/the-housing-market-is-no-longer-a-wealth-building-engine-as-home-prices-continue-to-slump/ar-AA1LyI8C?apiversion=v2&noservercache=1&domshim=1&renderwebcomponents=1&wcseo=1&batchservertelemetry=1&noservertelemetry=1
 https://www.newsweek.com/majority-companies-hiking-prices-cover-tariffs-kpmg-10840802
 
 
+midterms - Q1 usually is OK, with the weakness coming in Q2 and Q3 - see chart 
+the subsequent quarters after Midterms are the strongest
 
 - https://redlib.privacyredirect.com/r/wallstreetbets/comments/1of1r16/short_quantum_ionq_qbts_rgti_qubt_btq_laes_cccx/
 
@@ -99,6 +108,8 @@ Burry's got NVDA 12/17/2027 110P
 
 Silver A massive paper market was built to suppress volatility. The paper market is now estimated at 50x the physical... price supression will break leading to higher price and possibly no physical silver
 
+https://www.reuters.com/sustainability/climate-energy/eu-yields-pressure-automakers-it-rethinks-2035-combustion-car-ban-2025-12-15/
+
 # citrini
 We think healthcare will be ground zero for phase 2 of AI, expect significant improvement in speed and efficiency in identifing drug candidate will led to significant tailwind for the drug devellopement supply chain.