Amtrak got $563M fed loan for el locomotives.
German Parliament signed off on nuke shutdown plan.
BG Group, London comp, doubled its previous estimate ('10) of oil reserves in Santos Basin off Brazil coast to 8B bls.
DOE $4.5B loan guarantee for 3 FSLR projects in CA, total 1.3GW. Modules will be made at new AZ plant and recently expanded OH plant.
KLM Airlines became world's first airline to operate a commercial flight on av biofuels. Biokerosene from cooking oil by Dynamic Fuels.
Thursday, June 30, 2011
CLOSE
(stock #'s in %)
Market up 152/33/13. Volume a little heavy for summer. Oil steady at $95. Is the 4-day rally because of Greece accepting austerity to stay out of default? Whatever the reason, the indeces' 200-day lines held.
ABAT up 25. BDCO up 20. AEGY up 18. UBRG up 17 on news. 50-day lines held. FEWP up 16. ECOS, CBAK up 10. BWEN up 9. QTWW up 9 after hours after reporting fiscal year. Revs up well, net loss much less. SOLR up 2, hit new high.
SYNM stayed down 25. EVCA down 21. VSPC down 12. CLNO down 11. NGLPF down 6, new low. ASTI down 5, new low.
Market up 152/33/13. Volume a little heavy for summer. Oil steady at $95. Is the 4-day rally because of Greece accepting austerity to stay out of default? Whatever the reason, the indeces' 200-day lines held.
ABAT up 25. BDCO up 20. AEGY up 18. UBRG up 17 on news. 50-day lines held. FEWP up 16. ECOS, CBAK up 10. BWEN up 9. QTWW up 9 after hours after reporting fiscal year. Revs up well, net loss much less. SOLR up 2, hit new high.
SYNM stayed down 25. EVCA down 21. VSPC down 12. CLNO down 11. NGLPF down 6, new low. ASTI down 5, new low.
OPEN
(stock #'s in %)
Market up 123/23/10. Volume a little light. Oil $95. Congress cancelling July 4 recess to talk debt. QE2 ending, we'll probably get 2.5 - $300B more purchases.
NPWZ up 23. SNRY, WNEA up 14. CBAK up 13. ABTG up 12. One to watch on building revs. SATC, VNDB up 11. SATC passed through 50-day lines. ECOS up 10. ABAT up 10, announced stock buyback. FSLR up 8 on $4.5B DOE loan guarantee. Peaking over last 200-day line. UBRG up 8.
SYNM down 25 on stock offering pricing. MDTL down 25. They may be out of biz. ALTI, COMV down 3.
Market up 123/23/10. Volume a little light. Oil $95. Congress cancelling July 4 recess to talk debt. QE2 ending, we'll probably get 2.5 - $300B more purchases.
NPWZ up 23. SNRY, WNEA up 14. CBAK up 13. ABTG up 12. One to watch on building revs. SATC, VNDB up 11. SATC passed through 50-day lines. ECOS up 10. ABAT up 10, announced stock buyback. FSLR up 8 on $4.5B DOE loan guarantee. Peaking over last 200-day line. UBRG up 8.
SYNM down 25 on stock offering pricing. MDTL down 25. They may be out of biz. ALTI, COMV down 3.
Wednesday, June 29, 2011
STUFF
Greenland ice sheet last year melted the most in over 50 years, when records began: NOAA. Artic sea ice also shrank to its 3rd smallest area on record. The world's alpine glaciers shrank for 20th straight year and '10 was the hottest or 2nd hottest year on record, depending on methodology. Besides exceptional for extreme wx events.
Brown University report: cost of post-9/11 wars will reach $4T. Veterans care will reach $1T in 30-40 yrs. CBO puts cost at $1.8T through '21. But Brown report says $2.3-2.7T already spent. Does our government lie to us? Or is it what is counted? We've lost >6k troops and 2,300 contractors. 550k disability claims filed with VA.
TrimTabs: comps spent $124B in Q1 buying up their own stock. "Insiders" - execs - did not buy. Corp debt also surged in Q1 to highest levels on record, hitting $7.3T for nonfinancials. 50% of their net worth.
WPRT teamed up with GM for NGV development.
NY Gov planning to close Indian Point nuke plant. It is too close to NYC.
4 legislators - G, were they actually in Washington? - called for SEC, EIA, GAO to investigate whether natural gas industry has provided accurate pic of long-term profitability of fracked wells and the amount of gas they can produce.
USDA declared TX drought area a natural disaster. We've had a few lately or what.
Samsung is sueing Apple over IPhone, IPad, IPod. Ah so.
Finally, SPWRA's Simpson, the "Father of US Solar", says the subsidy regimes are fatigued. And reminds us all that there's 3.6M joules in 1kwh. Joule = 1 Newton-meter (E to lift an apple from floor to table). 1 Joule/sec = 1 watt.
Trails.
Brown University report: cost of post-9/11 wars will reach $4T. Veterans care will reach $1T in 30-40 yrs. CBO puts cost at $1.8T through '21. But Brown report says $2.3-2.7T already spent. Does our government lie to us? Or is it what is counted? We've lost >6k troops and 2,300 contractors. 550k disability claims filed with VA.
TrimTabs: comps spent $124B in Q1 buying up their own stock. "Insiders" - execs - did not buy. Corp debt also surged in Q1 to highest levels on record, hitting $7.3T for nonfinancials. 50% of their net worth.
WPRT teamed up with GM for NGV development.
NY Gov planning to close Indian Point nuke plant. It is too close to NYC.
4 legislators - G, were they actually in Washington? - called for SEC, EIA, GAO to investigate whether natural gas industry has provided accurate pic of long-term profitability of fracked wells and the amount of gas they can produce.
USDA declared TX drought area a natural disaster. We've had a few lately or what.
Samsung is sueing Apple over IPhone, IPad, IPod. Ah so.
Finally, SPWRA's Simpson, the "Father of US Solar", says the subsidy regimes are fatigued. And reminds us all that there's 3.6M joules in 1kwh. Joule = 1 Newton-meter (E to lift an apple from floor to table). 1 Joule/sec = 1 watt.
Trails.
CLOSE
(stock #'s in %)
Sorry I'm late. I was really into the movie about the battle of Midway. Henry Fonda, Heston, Ford, Mitchum, Holbrook. Stars and stars. But dam, what a battle and victory.
Market up 72/11/10. Volume actually a little heavy for summer. Oil under $95. And stocks got moving.
CBWP, WBRE up 50. Both wind comps. MMMW up 25. Wind too. CRGE up 22. Punch over 50-day lines off the double bottom in the last 2 weeks. CSKH up 21. A thrust back to 50-day lines. MGLT up another 20 after yesterday and VNDB up 20. WWPW up 17. Another wind. A shot up to 200-day lines on volume. BDCO up 16. Haven't a clue. AEBF, PSPW up 14. RSOL up 8. Forming above 200-days. Solar installer in summer. FSLR is back to $130 in 2 days.
FRBE down 47. GSPI, WNEA, WTWO down 20. I was wrong about ABAT. Down another 15 with SNRY. NPWZ down 14. ENER, ASTI down 12. Both bottoming? QTMM down 10. BWEN, FCEL down 6, both on heavy volume. And CREE down 4, a new low.
President's press conference at noon gave us what on the debt limit prob? Or anything? Corporate jet and oil/gas subsidies is what I got out of it. What the hell. OK. Network news says he threw down the gauntlet to Congress to at least stay in session. I don't want to be acerbic. But maybe we need more of the spirit from the battle of Midway. From our leaders. Our warriors certainly have it.
Sorry I'm late. I was really into the movie about the battle of Midway. Henry Fonda, Heston, Ford, Mitchum, Holbrook. Stars and stars. But dam, what a battle and victory.
Market up 72/11/10. Volume actually a little heavy for summer. Oil under $95. And stocks got moving.
CBWP, WBRE up 50. Both wind comps. MMMW up 25. Wind too. CRGE up 22. Punch over 50-day lines off the double bottom in the last 2 weeks. CSKH up 21. A thrust back to 50-day lines. MGLT up another 20 after yesterday and VNDB up 20. WWPW up 17. Another wind. A shot up to 200-day lines on volume. BDCO up 16. Haven't a clue. AEBF, PSPW up 14. RSOL up 8. Forming above 200-days. Solar installer in summer. FSLR is back to $130 in 2 days.
FRBE down 47. GSPI, WNEA, WTWO down 20. I was wrong about ABAT. Down another 15 with SNRY. NPWZ down 14. ENER, ASTI down 12. Both bottoming? QTMM down 10. BWEN, FCEL down 6, both on heavy volume. And CREE down 4, a new low.
President's press conference at noon gave us what on the debt limit prob? Or anything? Corporate jet and oil/gas subsidies is what I got out of it. What the hell. OK. Network news says he threw down the gauntlet to Congress to at least stay in session. I don't want to be acerbic. But maybe we need more of the spirit from the battle of Midway. From our leaders. Our warriors certainly have it.
OPEN
(stock #'s in %)
Market up 54/9/8. Volume normal. Oil up, over $94. Greek vote for austerity. Spartan.
CBWP up 25. GSPI down 15. Not much moving.
CREE down 3 after Morgan "downgrade". ALTI up 5. COMV up 4. AONE up 3.
Market up 54/9/8. Volume normal. Oil up, over $94. Greek vote for austerity. Spartan.
CBWP up 25. GSPI down 15. Not much moving.
CREE down 3 after Morgan "downgrade". ALTI up 5. COMV up 4. AONE up 3.
Tuesday, June 28, 2011
CLOSE
(stock #'s in %)
Market up 145/41/16. And it came from where? Volume light. Oil whatever.
MGLT up 66. GEVO up 13. ACPW up 12 on news. EMKR, WPRT up 11. SNRY, AFPW up 10.
VNDB down 34. FEWP, MMMW down 27. CBWP down 20. LMCO down 18. CRGE, ASOE down 17. ABAT down 13. I might buy it there. XDSL down 12.
And that were the dubble digits.
Market up 145/41/16. And it came from where? Volume light. Oil whatever.
MGLT up 66. GEVO up 13. ACPW up 12 on news. EMKR, WPRT up 11. SNRY, AFPW up 10.
VNDB down 34. FEWP, MMMW down 27. CBWP down 20. LMCO down 18. CRGE, ASOE down 17. ABAT down 13. I might buy it there. XDSL down 12.
And that were the dubble digits.
STUFF
France to invest $1.4B in future nuke research. Part of $50B investment launched in late '09. They're looking at sodium-cooled fast reactors. Also Euro 1.35B for other clean E research.
>2k comps registered at a little house a few blocks from WY statehouse. "Somalia has slightly higher standards for corp formation than Wyoming and Nevada". Just reporting.
WATER
7B people on Earth. 1B have no clean water. China to spend $617B in next decade on water. $55B spent last 5 yrs.
In May, 20 former heads of state in Quebec warned of impending water crisis.
China, N. Europe one of driest springs on record.
Philly $2B 25-yr clean water plan to reduce sewer/storm water overflow to waterways by 80-90%. Porous asphalt, rooftop gardens.
Dow Chem can reduce E required to desalinate seawater by 1/3 to 2kwh/cumeter by '15. $1B market to grow 10%/yr. Dow has 40% of mart.
India to spend $1B to clean the Ganges. World Bank: " decades and hundreds of billions" could do it. India's enviro minister: "most of India's rivers have become sewers".
Ogallala aquifer was discovered in the '40's. Turned the Dust Bowl into the Breadbasket of the World. Now, enough drained out to fill half of Lake Erie. 240 ft to 80. 60 yrs left at best. Towns in TX already running dry.
If you own the land above: T. Bone Pickens' $103M deal for 4T gal to Canadian River Muni Water Authority.
HEK, HYFXF, LAYN some possible plays.
>2k comps registered at a little house a few blocks from WY statehouse. "Somalia has slightly higher standards for corp formation than Wyoming and Nevada". Just reporting.
WATER
7B people on Earth. 1B have no clean water. China to spend $617B in next decade on water. $55B spent last 5 yrs.
In May, 20 former heads of state in Quebec warned of impending water crisis.
China, N. Europe one of driest springs on record.
Philly $2B 25-yr clean water plan to reduce sewer/storm water overflow to waterways by 80-90%. Porous asphalt, rooftop gardens.
Dow Chem can reduce E required to desalinate seawater by 1/3 to 2kwh/cumeter by '15. $1B market to grow 10%/yr. Dow has 40% of mart.
India to spend $1B to clean the Ganges. World Bank: " decades and hundreds of billions" could do it. India's enviro minister: "most of India's rivers have become sewers".
Ogallala aquifer was discovered in the '40's. Turned the Dust Bowl into the Breadbasket of the World. Now, enough drained out to fill half of Lake Erie. 240 ft to 80. 60 yrs left at best. Towns in TX already running dry.
If you own the land above: T. Bone Pickens' $103M deal for 4T gal to Canadian River Muni Water Authority.
HEK, HYFXF, LAYN some possible plays.
OPEN
(stock #'s in %)
Market up 117/26/11. Volume light. Oil up to $92.
CBWP up 38. VSPC up 12. EMKR up 10. A jump above 200-day lines. WPRT up 9. Also, a leap above 200-days on news. ALTI up 9. On their bottom. SOLR up 2, new high.
FRBE down 45. WPNV down 27. UBRG down 7, must figure because of the 10% stock dividend today (day of record). Might consider buying some down here today. ABAT down 6, new low.
Market up 117/26/11. Volume light. Oil up to $92.
CBWP up 38. VSPC up 12. EMKR up 10. A jump above 200-day lines. WPRT up 9. Also, a leap above 200-days on news. ALTI up 9. On their bottom. SOLR up 2, new high.
FRBE down 45. WPNV down 27. UBRG down 7, must figure because of the 10% stock dividend today (day of record). Might consider buying some down here today. ABAT down 6, new low.
Monday, June 27, 2011
STUFF 2
NRC approved plan to import, burn Germany's nuke waste.
China to build new coal plant with CO2 capture.
BP aims to develop 300 NG wells in Oman. Today there are 3.
New US chemical plants may be built - in the US we hope - to take advantage of low NG prices.
Solar panel makers use of ~11% of world silver supply. Ag the metal in solar cells that conduct the el.
Shell and Mitsubishi preparing to begin the delayed $12.5B NG project in Iraq. (Is that the one where they're going to pipe to Iran?) O yea, 3rd attack in 4 months on Iraq's largest refinery. This one on a gas feeder pipe that took the refinery offline.
Isuzu OK'd B20 biodiesel for all '11 models.
Bus-sized asteroid made a flyby of Earth today. 7,500 miles out. That could have done some real damage. Happens about every 6 yrs. O. And not all of them are detected. O. This one found 5 days ago. O.
And the Dodgers filed for bankruptcy?! What has happened to America. Family feud, right?
Oy.
China to build new coal plant with CO2 capture.
BP aims to develop 300 NG wells in Oman. Today there are 3.
New US chemical plants may be built - in the US we hope - to take advantage of low NG prices.
Solar panel makers use of ~11% of world silver supply. Ag the metal in solar cells that conduct the el.
Shell and Mitsubishi preparing to begin the delayed $12.5B NG project in Iraq. (Is that the one where they're going to pipe to Iran?) O yea, 3rd attack in 4 months on Iraq's largest refinery. This one on a gas feeder pipe that took the refinery offline.
Isuzu OK'd B20 biodiesel for all '11 models.
Bus-sized asteroid made a flyby of Earth today. 7,500 miles out. That could have done some real damage. Happens about every 6 yrs. O. And not all of them are detected. O. This one found 5 days ago. O.
And the Dodgers filed for bankruptcy?! What has happened to America. Family feud, right?
Oy.
CLOSE
(stock #'s in %)
Market up 108/35/11. Volume really light. Oil still under $91. Now it's resolution of Greek crisis that drove the market higher. Earlier it was new bank rules, whatever they are. Yea, well, maybe the Fed just rolled in some funds to the Dow, Naz and S&P corps. Who knows. Not that I want to disparage or discourage. It's just who knows. All I know is all the indeces are still above the 200-day lines.
Random report: WPNV up 38. Apparently because they could. VNDB up 34. SPOW up 27. ESLR up 22. Still haven't seen any news. Gotta love insiders. Or was it just short covering? XDSL up 12. Pretty volumey. QTMM up 10. BYDDF up 7, where they begun the morn. AMSC, AONE up 4. ABAT churned.
BHWX down 23. WNEA down 20. BFRE, SNRY down 11. SNRY volume falling off. VSPC down 10. ALTI, COMV down 9. I probably would buy both of them at these levels if I had extra long-term money. UBRG down 2. Again, tomorrow a 10% dividend for holders of record tomorrow. I can't understand selling it today. But that's the market. Stupid, crazy, manipulative and ... thieving. But we gotta love it. It's the market we have. And it's not always bad. Is it?
Market up 108/35/11. Volume really light. Oil still under $91. Now it's resolution of Greek crisis that drove the market higher. Earlier it was new bank rules, whatever they are. Yea, well, maybe the Fed just rolled in some funds to the Dow, Naz and S&P corps. Who knows. Not that I want to disparage or discourage. It's just who knows. All I know is all the indeces are still above the 200-day lines.
Random report: WPNV up 38. Apparently because they could. VNDB up 34. SPOW up 27. ESLR up 22. Still haven't seen any news. Gotta love insiders. Or was it just short covering? XDSL up 12. Pretty volumey. QTMM up 10. BYDDF up 7, where they begun the morn. AMSC, AONE up 4. ABAT churned.
BHWX down 23. WNEA down 20. BFRE, SNRY down 11. SNRY volume falling off. VSPC down 10. ALTI, COMV down 9. I probably would buy both of them at these levels if I had extra long-term money. UBRG down 2. Again, tomorrow a 10% dividend for holders of record tomorrow. I can't understand selling it today. But that's the market. Stupid, crazy, manipulative and ... thieving. But we gotta love it. It's the market we have. And it's not always bad. Is it?
STUFF
Rare earth elements are basis of a $4.6T supply chain. In case you haven't been reading, China controls 97% of the market.
World population will go over 7B this month or next. Think about that for a few minutes.
Real GDP growth in Japan slowed to medieval levels after '89. US after '99. Japan hasn't added a fulltime job in 20 yrs. US in 10 (actually, 1.3M loss). In the last century, Russia caused real GDP to decline for 70 yrs. In China it was 30. Just some fun facts.
Since intro of internet, GDP growth rates have gone down. Yet internet social sites with sales in the tens of millions are still valued (by stock prices) in the high single digit billions. What are people thinking.
CA is out of rebate money for EV buyers. Good news: there's been enough buyers.
8 new nuke plants to be built in England. Nukes now 18% of elgen, but all plants but 1 must be shut down by '23.
GA Power to buy up to 50MW of solar power by '15 to comply with state regulator's request.
Laos to build 10 hydrodam plants in next 5 yrs. 5 under construction. Already 16 online with 2GW elgen. They made $146M last 6 months exporting el to Thailand.
$363M 162MW SD wind farm dedicated. Most turbines owned by Basin El Coop, 7 by local investors, 1 by Mitchell Tech Inst. SD now has 782MW of installed wind gen that can power up to equiv of 70% of SD homes.
Shell signed agreements with Alberta and Canada to secure $865M for CO2 storage project. 1M tons/yr from heavy oil processing plant. Shell recently expanded oil sands ops 100kb/d to 255k. Initial CO2 injections planned for '15.
World population will go over 7B this month or next. Think about that for a few minutes.
Real GDP growth in Japan slowed to medieval levels after '89. US after '99. Japan hasn't added a fulltime job in 20 yrs. US in 10 (actually, 1.3M loss). In the last century, Russia caused real GDP to decline for 70 yrs. In China it was 30. Just some fun facts.
Since intro of internet, GDP growth rates have gone down. Yet internet social sites with sales in the tens of millions are still valued (by stock prices) in the high single digit billions. What are people thinking.
CA is out of rebate money for EV buyers. Good news: there's been enough buyers.
8 new nuke plants to be built in England. Nukes now 18% of elgen, but all plants but 1 must be shut down by '23.
GA Power to buy up to 50MW of solar power by '15 to comply with state regulator's request.
Laos to build 10 hydrodam plants in next 5 yrs. 5 under construction. Already 16 online with 2GW elgen. They made $146M last 6 months exporting el to Thailand.
$363M 162MW SD wind farm dedicated. Most turbines owned by Basin El Coop, 7 by local investors, 1 by Mitchell Tech Inst. SD now has 782MW of installed wind gen that can power up to equiv of 70% of SD homes.
Shell signed agreements with Alberta and Canada to secure $865M for CO2 storage project. 1M tons/yr from heavy oil processing plant. Shell recently expanded oil sands ops 100kb/d to 255k. Initial CO2 injections planned for '15.
OPEN
(stock #'s in %)
Market up 93/24/8. Bloomberg says because of new bank rules. Volume light. Oil under $91. Naz, S&P staving off going under 200-day lines.
WPNV up 48. VNDB up 29. ESLR up 22. No news. Definitely a go figure. SPOW up 20. Above 50-day lines. AMLM up 16. XDSL, ASPW up 11. XDSL a thrust above 200-day lines. ZNNMF up 10. A jump off the bottom. BYDDF up another 8, crossing 50-day lines. ENER up 7. Off the bottom. WEST, HSOL up another 3.
MMMW down 28. BHWX down 16. SNRY down 11. AWNE, MDTL down 10. COMV down 6.
Market up 93/24/8. Bloomberg says because of new bank rules. Volume light. Oil under $91. Naz, S&P staving off going under 200-day lines.
WPNV up 48. VNDB up 29. ESLR up 22. No news. Definitely a go figure. SPOW up 20. Above 50-day lines. AMLM up 16. XDSL, ASPW up 11. XDSL a thrust above 200-day lines. ZNNMF up 10. A jump off the bottom. BYDDF up another 8, crossing 50-day lines. ENER up 7. Off the bottom. WEST, HSOL up another 3.
MMMW down 28. BHWX down 16. SNRY down 11. AWNE, MDTL down 10. COMV down 6.
Saturday, June 25, 2011
STUFF
Austrian comp Fronius - solar inverter maker - to build new plant in IN. They will get $9.5M from stimulus funds.
China to build 4 new hydro dams - 43GW total - for $62B on tributary of Yangtze. 2 likely online in 2 yrs.
EPA planning case studies on NG drilling (fracking) effects on drinking water in PA, TX, CO, ND and LA. One report seen that most groundwater reservoirs are several hundred feet above fracking operations.
G20 Ag ministers to create info system for global grain flows, reserves. They also said there's not enough evidence to link biofuels to food price volatility. Gotta love government denial.
White House a no-show for hearing on DOE loan guarantees. Congress subcommittee taking it up. Probable focus on Solyndra. They got a $535M loan guarantee in early '09. Since, they've layed off folks and withdrew their IPO. One of their large investors was an Obama campaign fund bundler. Export-Import Bank also funded $10M to them for project financing. OMB unresponsive to Congress about it all.
WY lawmakers supporting NG-to-gasoline facility.
Ft. Calhoun nuke plant north of Omaha fighting off the flood.
US coal exports surged in Q1.
High silver prices slimming solar maker profits.
Bank of America to finance deploy of up to $2.6B commercial/industrial rooftop solar installs across US. Partnering with DOE, Prologis, NRG Energy. BOA also has committed to 15% GHG redux by '15 and a $55M financing program for E efficiency in older bldgs.
Think (Norwegian EV builder) declared bankruptcy. 2-seater EV for $34k. Right. Came down from $40k. Couldn't find capital to continue. HEV to take a $35M charge on their investment. Mitsubishi will have a $28k EV hitting showrooms soon. Nissan's at $32k. Think's car goes back to Ford project in '90's.
US operating utility PV capacity 419MW. Germany may have installed that much in May alone. Total US contracted capacity, though, 8.6GW. Most online by '14, 1GW expected online this year.
1kcf of NG converted to el yields 457 miles in an EV, while only 224 miles in an NGV. Because utility generators much more efficient than car-sized. One '06 study found NGV's less efficient than any other propulsion.
Happy motoring, pards.
China to build 4 new hydro dams - 43GW total - for $62B on tributary of Yangtze. 2 likely online in 2 yrs.
EPA planning case studies on NG drilling (fracking) effects on drinking water in PA, TX, CO, ND and LA. One report seen that most groundwater reservoirs are several hundred feet above fracking operations.
G20 Ag ministers to create info system for global grain flows, reserves. They also said there's not enough evidence to link biofuels to food price volatility. Gotta love government denial.
White House a no-show for hearing on DOE loan guarantees. Congress subcommittee taking it up. Probable focus on Solyndra. They got a $535M loan guarantee in early '09. Since, they've layed off folks and withdrew their IPO. One of their large investors was an Obama campaign fund bundler. Export-Import Bank also funded $10M to them for project financing. OMB unresponsive to Congress about it all.
WY lawmakers supporting NG-to-gasoline facility.
Ft. Calhoun nuke plant north of Omaha fighting off the flood.
US coal exports surged in Q1.
High silver prices slimming solar maker profits.
Bank of America to finance deploy of up to $2.6B commercial/industrial rooftop solar installs across US. Partnering with DOE, Prologis, NRG Energy. BOA also has committed to 15% GHG redux by '15 and a $55M financing program for E efficiency in older bldgs.
Think (Norwegian EV builder) declared bankruptcy. 2-seater EV for $34k. Right. Came down from $40k. Couldn't find capital to continue. HEV to take a $35M charge on their investment. Mitsubishi will have a $28k EV hitting showrooms soon. Nissan's at $32k. Think's car goes back to Ford project in '90's.
US operating utility PV capacity 419MW. Germany may have installed that much in May alone. Total US contracted capacity, though, 8.6GW. Most online by '14, 1GW expected online this year.
1kcf of NG converted to el yields 457 miles in an EV, while only 224 miles in an NGV. Because utility generators much more efficient than car-sized. One '06 study found NGV's less efficient than any other propulsion.
Happy motoring, pards.
FRIDAY CLOSE
(stock #'s in %)
Market down 115/33/15. Volume very heavy, especially for a Friday. Oil $91. OPEC warned of backlash to IEA crude release. Gotta love cartels.
TMSH up 49. WNEA up 48. CBWP up 25. SNRY up 21. WWPW up 17. CRGE up 16. FEWP up 15. XWES up 13. VSPC up 12. OOIL, VNDB up 11. AEBF up 10. COMV, AFPW up 8. ALTI up 6 off its bottom. AONE flat, holding second bottom. CSIQ over $11, nice rally already. Ditto CSUN and HSOL.
MMMW down 30. WPNV down 19. TRKP down 17. STRI down 14, hitting new low on lower guidance for solar sales. VVIT down 12. LEXG down 11. ASPW, ECOS, LEOM down 10. BIOF down 10, new 12-month low. FSLR down 4, close to their 12-month low. All kinds of opinions on where the stock price is headed. Temporary global solar production glut seems pretty real, though. APWR down 3, probably forming second bottom. ABAT down 2, hit a new low. ITRI down 1, hit a new low. UBRG down 1, a 10% stock dividend for owners on Tuesday.
Market down 115/33/15. Volume very heavy, especially for a Friday. Oil $91. OPEC warned of backlash to IEA crude release. Gotta love cartels.
TMSH up 49. WNEA up 48. CBWP up 25. SNRY up 21. WWPW up 17. CRGE up 16. FEWP up 15. XWES up 13. VSPC up 12. OOIL, VNDB up 11. AEBF up 10. COMV, AFPW up 8. ALTI up 6 off its bottom. AONE flat, holding second bottom. CSIQ over $11, nice rally already. Ditto CSUN and HSOL.
MMMW down 30. WPNV down 19. TRKP down 17. STRI down 14, hitting new low on lower guidance for solar sales. VVIT down 12. LEXG down 11. ASPW, ECOS, LEOM down 10. BIOF down 10, new 12-month low. FSLR down 4, close to their 12-month low. All kinds of opinions on where the stock price is headed. Temporary global solar production glut seems pretty real, though. APWR down 3, probably forming second bottom. ABAT down 2, hit a new low. ITRI down 1, hit a new low. UBRG down 1, a 10% stock dividend for owners on Tuesday.
Friday, June 24, 2011
STUFF
Those GE Ecomagination new products for '11: 1) the new 510MW combined cycle NG turbine/generator w/ >61% efficiency. Fast ramp up, but faster needed for the variable clean E inputs. 2) CO2 compression for enhanced oil recovery. 3) waste heat generators. Over half of E wasted in heat, el motors use almost half of world elgen. 4) a new locomotive 20% more efficient. 5) "map frames" (I Pads) for utility field workers.
Lilliputian Systems wants to commercialize butane cartridge-powered fuel cell charger for consumer devices. Spun out of MIT in '02. Raised >$90M from VC's.
Vizro (top-selling TV brand in US last 2 yrs) to get into LED lighting in Q3. CA comp (contracts out to Asia).
Transphorm got $25M more financing from Soros, Google, others. $63M now raised. Gallium nitride power conversion. Tho, at best, it could take grid from 90% efficiency to 99%. GaN grown on foreign substrates. They have to figure out how to scale it cheaply enough w/ independent intellectual property.
Euro group set 600M gal av biofuel target for '20.
Ethanol plants shut down in PA, IN for summer as high corn prices bite. Anyone remember 10 cent ears? Way back. Probably when gas was 32 cents/gal. Actually, it may have been as recent as the '80's.
EPA proposes 15.2B gal biofuel mandate for '12 and 50% jump in advanced biofuels (non-food based) to 2B gal. Australia exempting biofuels from fuel taxes thru '21. Hydrated lime instead of calcium oxide the latest hot biodiesel catalyst. Denmark: stover and wheat straw are sustainable, available, affordable, reliable biofuels feedstocks. I still have concerns that not plowing stover and wheatstraw back into the soil will quicken topsoil depletion.
IRS hiked mileage rate 4.5 cents.
Lilliputian Systems wants to commercialize butane cartridge-powered fuel cell charger for consumer devices. Spun out of MIT in '02. Raised >$90M from VC's.
Vizro (top-selling TV brand in US last 2 yrs) to get into LED lighting in Q3. CA comp (contracts out to Asia).
Transphorm got $25M more financing from Soros, Google, others. $63M now raised. Gallium nitride power conversion. Tho, at best, it could take grid from 90% efficiency to 99%. GaN grown on foreign substrates. They have to figure out how to scale it cheaply enough w/ independent intellectual property.
Euro group set 600M gal av biofuel target for '20.
Ethanol plants shut down in PA, IN for summer as high corn prices bite. Anyone remember 10 cent ears? Way back. Probably when gas was 32 cents/gal. Actually, it may have been as recent as the '80's.
EPA proposes 15.2B gal biofuel mandate for '12 and 50% jump in advanced biofuels (non-food based) to 2B gal. Australia exempting biofuels from fuel taxes thru '21. Hydrated lime instead of calcium oxide the latest hot biodiesel catalyst. Denmark: stover and wheat straw are sustainable, available, affordable, reliable biofuels feedstocks. I still have concerns that not plowing stover and wheatstraw back into the soil will quicken topsoil depletion.
IRS hiked mileage rate 4.5 cents.
OPEN
(stock #'s in %)
Market down 105/25/11. Volume a little light. Oil $91. Q1 GDP revised up to 1.9%. Durable goods orders beat forecast.
SNRY up 28. VVIT up 12. COMV up 6. BYDDF up another 5. KIOR start at $15.
ECOS down 12. BFRE down 9. PSPW down 7.
Not much moving.
Market down 105/25/11. Volume a little light. Oil $91. Q1 GDP revised up to 1.9%. Durable goods orders beat forecast.
SNRY up 28. VVIT up 12. COMV up 6. BYDDF up another 5. KIOR start at $15.
ECOS down 12. BFRE down 9. PSPW down 7.
Not much moving.
Thursday, June 23, 2011
STUFF
IEA release of 60M bls of oil over next month to offset Libya. 28 countries to contribute from 4B bl reserve. US to put in half. Europe 30%. The Pacific econ the last 20%. Libya fighting has taken 132M bls off the mart by end of May.
PA's Solar Power Industries furloughed most of their workers at their silicon wafer/solar cell plant in the past 7 wks. Declining demand and lower cost competition from overseas. US imported $1.59B of solar components in '09, but sent $2.31B overseas. Expecting surplus in '10 too. Numbers later this summer.
Google, Citi to invest $102M each on 168MW phase of Tehachapi wind project. Total to be 1.5GW. In addition to the $55M they each invested last month. 720MW now online. 300MW more by year end. El going to S Ca Ed.
Jetstream carried Fuku radiation to US and Europe. Back, um, there in March.
DOE issued conditional loan guarantee for up to $135M to Granite Reliable Power for 99MW wind farm in NH.
Siemens got order for 21 2.3MW wind turbines for Chinese offshore project. Expected online by year end.
Terra Power's (Bill Gates, et al) "wave reactor", endorsed by Huntsman, liked by DOE, is probably headed overseas for pilot project. And THAT, dear pards, is part of what is wrong with the US. Along with those jobs in PA. Terra has to eval how metal (specialized stainless steel alloy) fuel casings in core will withstand radioactive bombardment. Deisgned to run 40-60 yrs without refueling. Conversations with Chinese, Russians, Indians, French. "Breaking ground in '15, startup in '20 is more aggressive than US regulatory structure can support." Apparently, our competitors can. Breeder tech. CTO used to be with Areva.
Canada moving to block "hazardous" listing for asbestos. What the hell is THAT?!
CA committee to consider fracking disclosure bill.
DOE to provide partial loan guarantee - $1.4B - for Project Amp. Install of 733MW of PV solar on 750 industrial rooftops across US. Starts in Sept. My question: how much more loan guarantee money does DOE have?
GE's Ecomagination has generated $85B revs since '05. Growing 2X more than rest of comp. 22 new products/solutions in '10. 110 overall. 5 so far in '11. I can name them. But you got the idea. I'm running out of juice.
In fact, I am out of juice. I'le pick it up manyana.
Onward and upward, pards.
PA's Solar Power Industries furloughed most of their workers at their silicon wafer/solar cell plant in the past 7 wks. Declining demand and lower cost competition from overseas. US imported $1.59B of solar components in '09, but sent $2.31B overseas. Expecting surplus in '10 too. Numbers later this summer.
Google, Citi to invest $102M each on 168MW phase of Tehachapi wind project. Total to be 1.5GW. In addition to the $55M they each invested last month. 720MW now online. 300MW more by year end. El going to S Ca Ed.
Jetstream carried Fuku radiation to US and Europe. Back, um, there in March.
DOE issued conditional loan guarantee for up to $135M to Granite Reliable Power for 99MW wind farm in NH.
Siemens got order for 21 2.3MW wind turbines for Chinese offshore project. Expected online by year end.
Terra Power's (Bill Gates, et al) "wave reactor", endorsed by Huntsman, liked by DOE, is probably headed overseas for pilot project. And THAT, dear pards, is part of what is wrong with the US. Along with those jobs in PA. Terra has to eval how metal (specialized stainless steel alloy) fuel casings in core will withstand radioactive bombardment. Deisgned to run 40-60 yrs without refueling. Conversations with Chinese, Russians, Indians, French. "Breaking ground in '15, startup in '20 is more aggressive than US regulatory structure can support." Apparently, our competitors can. Breeder tech. CTO used to be with Areva.
Canada moving to block "hazardous" listing for asbestos. What the hell is THAT?!
CA committee to consider fracking disclosure bill.
DOE to provide partial loan guarantee - $1.4B - for Project Amp. Install of 733MW of PV solar on 750 industrial rooftops across US. Starts in Sept. My question: how much more loan guarantee money does DOE have?
GE's Ecomagination has generated $85B revs since '05. Growing 2X more than rest of comp. 22 new products/solutions in '10. 110 overall. 5 so far in '11. I can name them. But you got the idea. I'm running out of juice.
In fact, I am out of juice. I'le pick it up manyana.
Onward and upward, pards.
CLOSE
(stock #'s in %)
Market came back! Naz finished up! Volume heavy. Oil under $93. Republican walkout on debt impasse. Supposedly. Well, when they took over at turn of millenium, we were running surpluses. What a world.
HRTE up 14 on big volume. A motorcycle track with wind turbines?! ASPW up 15. ASOE up 12 as the volume plummets. HSOL, BYDDF up 5. For real China. BWEN, SOLR up 4. SOLR a new 12-month high. CSIQ, SNRY, LSCG up 3. CREE, JASO up 2. WEST, AONE, UBRG up 1.
CBWP down 33. AFPW down 20. CLNO down 16. CRGE down 14. FEWP down 13. OOIL, HEV down 12. ZAAP down 6. CSUN, NPWZ down 3. ALTI down 4, new 12-month low.
What a do.
Market came back! Naz finished up! Volume heavy. Oil under $93. Republican walkout on debt impasse. Supposedly. Well, when they took over at turn of millenium, we were running surpluses. What a world.
HRTE up 14 on big volume. A motorcycle track with wind turbines?! ASPW up 15. ASOE up 12 as the volume plummets. HSOL, BYDDF up 5. For real China. BWEN, SOLR up 4. SOLR a new 12-month high. CSIQ, SNRY, LSCG up 3. CREE, JASO up 2. WEST, AONE, UBRG up 1.
CBWP down 33. AFPW down 20. CLNO down 16. CRGE down 14. FEWP down 13. OOIL, HEV down 12. ZAAP down 6. CSUN, NPWZ down 3. ALTI down 4, new 12-month low.
What a do.
OPEN
(stock #'s in %)
Market down 214/33/21. Volume a little heavy. Oil down under $91. EIA to release 60M bls to offset Libya.
BYDDF up 5. ZAAP up 4. Both EV makers. ENER, MXWL up 3. MXWL the ultracapacitors for EVs.
AFPW down 28. WNEA down 27. LMCO down 21. CLNO, EVSI down 10. AONE down 3. Almost all down some.
Market down 214/33/21. Volume a little heavy. Oil down under $91. EIA to release 60M bls to offset Libya.
BYDDF up 5. ZAAP up 4. Both EV makers. ENER, MXWL up 3. MXWL the ultracapacitors for EVs.
AFPW down 28. WNEA down 27. LMCO down 21. CLNO, EVSI down 10. AONE down 3. Almost all down some.
Wednesday, June 22, 2011
STUFF
Etrion, Phoenix Solar to build 2.6MW PV solar plant in Italy. FIT of 25 cents/kwh over market price of el of 8 cents.
Vestas signed deal for 58 850kw wind turbines to China comp for Mongolia farm. Also contracted for 30 2.6MW turbines for Swede farm.
Greengate Power sold last of 150MW wind farm for Canadian $290k/MW. Total C$33M.
22 GE 2.5MW turbines going to W. Australia for $130M. And a contract for 3 gas turbines and generators for 300MW combined-cycle plant in Malaysia.
Ex-leaders of Ghana, Brazil recognized for reducing hunger in their countries.
Overfishing, warming, acidification putting ocean fish species in danger w/in another generation (20 yrs?). Speed of the decline far greater than had been thought.
Many E. China factories losing el from grid in daytime 1-3 times/week.
Gore faulting Obama for failing to lead in climate "crisis". Well, that's all we hear lately. He isn't leading anyone anywhere. But at least he got bin laden.
G20 to press US to end biofuels support. They might just mean food-based biofuels.
Morgantown WV banned fracking.
Cancer-causing insecticides found in FL wells. And doctors asking EPA to help fight pesticide exposures to farmworkers. Tell me about it. I did my 3 years.
Study linked mountain-top coal mining to birth defects. Well, in those mountains, you never know. Just kidding. Let's not add to birth defects, A?
Energy is about health too.
Heavy China rains put a dent in the drought but won't stop energy shortages. And much crop destroyed.
Disappearing snows in Lebanon, rising seas in Bahrain, flooding in Tunisia, Egypt. It's showing up everywhere. Aid groups, US military assessing rising costs of climaate change disasters. I bet the insurance companies are too.
Lab-grown meat could cut GHG emissions >95%. Um. Time to grow our own or stick to fruits, vegs, whole wheats?
Samsung to sell USA's 1st solar laptop.
The Pope went hybrid for the new Popemobile. Mercedes.
Transocean blamed BP on Gulf blowout.
Clean Path drawing in $800M for stalled solar projects.
Bright Energy Storage Tech's plan to use ocean pressure/temps. "Put a big bag of air in ocean beds". 2.5-6 cents/kwh cost to store. No moving parts, no metal. "Sand at the sea floor is 100X less expensive than steel...it's free." Trial later this year.
In Sweden, vacuum trash system replacing garbage trucks. Organic waste gets converted to methane, paper to recycling, other trash to incinerator for heat/E. 1st system installed in 60's. Now in S. Korea, S. Europe. Currently talking with NYC.
Trails, pards.
Vestas signed deal for 58 850kw wind turbines to China comp for Mongolia farm. Also contracted for 30 2.6MW turbines for Swede farm.
Greengate Power sold last of 150MW wind farm for Canadian $290k/MW. Total C$33M.
22 GE 2.5MW turbines going to W. Australia for $130M. And a contract for 3 gas turbines and generators for 300MW combined-cycle plant in Malaysia.
Ex-leaders of Ghana, Brazil recognized for reducing hunger in their countries.
Overfishing, warming, acidification putting ocean fish species in danger w/in another generation (20 yrs?). Speed of the decline far greater than had been thought.
Many E. China factories losing el from grid in daytime 1-3 times/week.
Gore faulting Obama for failing to lead in climate "crisis". Well, that's all we hear lately. He isn't leading anyone anywhere. But at least he got bin laden.
G20 to press US to end biofuels support. They might just mean food-based biofuels.
Morgantown WV banned fracking.
Cancer-causing insecticides found in FL wells. And doctors asking EPA to help fight pesticide exposures to farmworkers. Tell me about it. I did my 3 years.
Study linked mountain-top coal mining to birth defects. Well, in those mountains, you never know. Just kidding. Let's not add to birth defects, A?
Energy is about health too.
Heavy China rains put a dent in the drought but won't stop energy shortages. And much crop destroyed.
Disappearing snows in Lebanon, rising seas in Bahrain, flooding in Tunisia, Egypt. It's showing up everywhere. Aid groups, US military assessing rising costs of climaate change disasters. I bet the insurance companies are too.
Lab-grown meat could cut GHG emissions >95%. Um. Time to grow our own or stick to fruits, vegs, whole wheats?
Samsung to sell USA's 1st solar laptop.
The Pope went hybrid for the new Popemobile. Mercedes.
Transocean blamed BP on Gulf blowout.
Clean Path drawing in $800M for stalled solar projects.
Bright Energy Storage Tech's plan to use ocean pressure/temps. "Put a big bag of air in ocean beds". 2.5-6 cents/kwh cost to store. No moving parts, no metal. "Sand at the sea floor is 100X less expensive than steel...it's free." Trial later this year.
In Sweden, vacuum trash system replacing garbage trucks. Organic waste gets converted to methane, paper to recycling, other trash to incinerator for heat/E. 1st system installed in 60's. Now in S. Korea, S. Europe. Currently talking with NYC.
Trails, pards.
CLOSE
(stock #'s in %)
Market down 80/18/8. Fell off after Fed report. They can't lower interest rates anymore, can they? Volume light. Oil under $95.
FRBE up 108. Just reporting. MMMW up 87. AFPW up 73. At least they had volume. BFRE up 53. By now you must be wondering what the heck was said today for those kind of gains. Me too. BDCO up 22. CSUN, CBWP up 20. CSUN a real comp. VRNM up 16. ECOS up 15. OOIL up 13. HSOL, IAUS up 12. Again, HSOL a real comp. LEDS up 11. Um, I see a Chinese surge. SOPW up 11. LEXG, CPWY up 10. JASO, CSIQ up 6.
MDTL down 28. CSOL down 26. AEGY down 25. CLNO down 13. ENSL down 12. VNDB down 11. ECTY, NGBF down 10. APWR down 9. WEST down 4. ESLR down 4, new low.
Market down 80/18/8. Fell off after Fed report. They can't lower interest rates anymore, can they? Volume light. Oil under $95.
FRBE up 108. Just reporting. MMMW up 87. AFPW up 73. At least they had volume. BFRE up 53. By now you must be wondering what the heck was said today for those kind of gains. Me too. BDCO up 22. CSUN, CBWP up 20. CSUN a real comp. VRNM up 16. ECOS up 15. OOIL up 13. HSOL, IAUS up 12. Again, HSOL a real comp. LEDS up 11. Um, I see a Chinese surge. SOPW up 11. LEXG, CPWY up 10. JASO, CSIQ up 6.
MDTL down 28. CSOL down 26. AEGY down 25. CLNO down 13. ENSL down 12. VNDB down 11. ECTY, NGBF down 10. APWR down 9. WEST down 4. ESLR down 4, new low.
OPEN
(stock #'s in %)
Market flat, volume very light (normal for Fed day), oil up just under $5. Are they going to say interest rates are going to move anytime soon? I doubt it.
NPWZ up 38. They've been playing between 1 cent and 1.5 for awhile. AVAV up 20 on Q report and analyst report. Near 12-month high. AFPW up 15. HSOL up 12, back to 50-day lines. AMLM, ASOE also up 12. CSUN up 7. JASO up 5.
LMCO down 16. EVSI down 11. SNRY down 7. WEST down 4. AONE down 2.
Market flat, volume very light (normal for Fed day), oil up just under $5. Are they going to say interest rates are going to move anytime soon? I doubt it.
NPWZ up 38. They've been playing between 1 cent and 1.5 for awhile. AVAV up 20 on Q report and analyst report. Near 12-month high. AFPW up 15. HSOL up 12, back to 50-day lines. AMLM, ASOE also up 12. CSUN up 7. JASO up 5.
LMCO down 16. EVSI down 11. SNRY down 7. WEST down 4. AONE down 2.
Tuesday, June 21, 2011
CLOSE
(stock #'s in %)
Market up 109/57/17. I call that a Naz rally off the 200-day lines. Volume normal. Oil came back under $94. JP Morgan settled the SEC fraud suit for $153M. Wonder how much they made on that.
Not the Naz stocks expected for biggest gains. Though plenty gained under 10 per cent. CRGE up 47. PSUD up 30. WTWO up 29. SPOW, GSPI up 27. ASOE up 21. BDCO up 19. QTMM up 18. DSTI up 17. Really. They did. ENSL up 14. APWR up 12. SPIR up 11. CSUN up 9. NENE up 8. AONE up 3.
MMMW down 38. SNRY down 28. AFPW down 27. MGLT down 20. BFRE, VNDB down 15. CSGH down 14. CPWY down 10. GEVO down 9. Maybe a new low. AEGY down 15, new low.
Market up 109/57/17. I call that a Naz rally off the 200-day lines. Volume normal. Oil came back under $94. JP Morgan settled the SEC fraud suit for $153M. Wonder how much they made on that.
Not the Naz stocks expected for biggest gains. Though plenty gained under 10 per cent. CRGE up 47. PSUD up 30. WTWO up 29. SPOW, GSPI up 27. ASOE up 21. BDCO up 19. QTMM up 18. DSTI up 17. Really. They did. ENSL up 14. APWR up 12. SPIR up 11. CSUN up 9. NENE up 8. AONE up 3.
MMMW down 38. SNRY down 28. AFPW down 27. MGLT down 20. BFRE, VNDB down 15. CSGH down 14. CPWY down 10. GEVO down 9. Maybe a new low. AEGY down 15, new low.
STUFF
Out of $90B in Recovery Act funds for clean E, DOE got $41.7B.
Westinghouse to begin shipping fuel soon to TVA's 1.27MW Unit 2 of Watts Bar nuke plant due online in '13. 1st US new nuke since Unit 1 in '96. Construction started mid-70's on both. Suspended in '85. $2.5B to finish #2 since '07.
Australian govt has committed $1.5B to solar projects. A 150MW farm, partnered by BP Solar and Pacific Hydro, to begin construction in '12. Located near substation to grid. Also a 250MW solar thermal - NG hybrid plant from Areva. AU to commit $469M to it, Queensland $75M.
Argentine co-op to invest $80M into corn eth plant to process 300k met tons/y of corn for 125M liters of eth. Production begins 1Q13.
And a hearty welcome to David, new follower. May we reap profits together while helping clean energy grow.
Westinghouse to begin shipping fuel soon to TVA's 1.27MW Unit 2 of Watts Bar nuke plant due online in '13. 1st US new nuke since Unit 1 in '96. Construction started mid-70's on both. Suspended in '85. $2.5B to finish #2 since '07.
Australian govt has committed $1.5B to solar projects. A 150MW farm, partnered by BP Solar and Pacific Hydro, to begin construction in '12. Located near substation to grid. Also a 250MW solar thermal - NG hybrid plant from Areva. AU to commit $469M to it, Queensland $75M.
Argentine co-op to invest $80M into corn eth plant to process 300k met tons/y of corn for 125M liters of eth. Production begins 1Q13.
And a hearty welcome to David, new follower. May we reap profits together while helping clean energy grow.
OPEN
(stock #'s in %)
Market up 62/37/11. Volume light, but it is day before Fed. Oil up over $94.
RNNM up 36 in bounce back from yesterday. ASOE up 21. SPOW, QTMM up 18. CCTC up 16. APWR up 10. CSUN, DSTI up 8. SPIR up 7. NENE up 6 on news.
BFRE down 15. SNRY down 12. BHWX down 7. WEST down 5 more.
Market up 62/37/11. Volume light, but it is day before Fed. Oil up over $94.
RNNM up 36 in bounce back from yesterday. ASOE up 21. SPOW, QTMM up 18. CCTC up 16. APWR up 10. CSUN, DSTI up 8. SPIR up 7. NENE up 6 on news.
BFRE down 15. SNRY down 12. BHWX down 7. WEST down 5 more.
Monday, June 20, 2011
STUFF
IEA: it will take Libya over 2 yrs to bring back their pre-hostilities crude production when the fighting ends. Libya official says 1 year or less.
Over 80% of Japanese want nukes scrapped.
Navy successfully demo'd SZYM's algae-derived jet fuel in 50/50 blend. Honeywell the refining partner.
FPL tearing down 60's-era Riviera Beach FL coal plant to build combined-cycle NG plant that will go online in '14. Over $1B for up to 1.25Gw. Plant's admin bldg will be LEED certified with rooftop solar and EV charging station. FPL also doing similar plant conversion at Cape Canaveral.
Supreme Court ruled 8-0 that 6 states can't try to limit GHG emissions under fed common law. Split 4-4 whether fed courts even have jurisdiction to hear such claims.
1366 Technologies got $150M conditional DOE loan guarantee to scale up its direct-wafer mnfctrg (cells directly from molten silicon). High-efficiency multi-crystalline solar cells at fraction of today's cost. 20MW plant online in '13, 1GW plant online in '14.
Siemens bought ~16% of Semprius, a NC startup bldg high-concentrating PV modules. GaAs ~40% efficient cells.
Prices of rare earths used in lasers, plasma TVs more than doubled in past 2 weeks. China tightened control.
Malaysia crude imports up 57% yr on yr in April to 190kb/d.
Dubai is rationing fuel for 2nd week.
Research from LBNL, UC Berkeley: ~1B 40kwh lithium-based EV batts could be built with currently estimated lith reserves.
World oil exploration, production spending est. to rise 16% in '11 over '10 to $529B.
Over 80% of Japanese want nukes scrapped.
Navy successfully demo'd SZYM's algae-derived jet fuel in 50/50 blend. Honeywell the refining partner.
FPL tearing down 60's-era Riviera Beach FL coal plant to build combined-cycle NG plant that will go online in '14. Over $1B for up to 1.25Gw. Plant's admin bldg will be LEED certified with rooftop solar and EV charging station. FPL also doing similar plant conversion at Cape Canaveral.
Supreme Court ruled 8-0 that 6 states can't try to limit GHG emissions under fed common law. Split 4-4 whether fed courts even have jurisdiction to hear such claims.
1366 Technologies got $150M conditional DOE loan guarantee to scale up its direct-wafer mnfctrg (cells directly from molten silicon). High-efficiency multi-crystalline solar cells at fraction of today's cost. 20MW plant online in '13, 1GW plant online in '14.
Siemens bought ~16% of Semprius, a NC startup bldg high-concentrating PV modules. GaAs ~40% efficient cells.
Prices of rare earths used in lasers, plasma TVs more than doubled in past 2 weeks. China tightened control.
Malaysia crude imports up 57% yr on yr in April to 190kb/d.
Dubai is rationing fuel for 2nd week.
Research from LBNL, UC Berkeley: ~1B 40kwh lithium-based EV batts could be built with currently estimated lith reserves.
World oil exploration, production spending est. to rise 16% in '11 over '10 to $529B.
CLOSE
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Market up 76/13/6. Volume very light. Oil up ~50 cents.
VNDB up 42. WNEA, CPWY up 25. EFOI up 16. AEBF, EVSI up 11. CSUN up 3. COMV up 1.
CBWP down 36. RNNM down 23. SNRY down 22. WPNV down 21. NPWZ down 18. NGBF down 16. ENZR down 12. BFRE, FTEK down 11. FTEK down to their bottoms. WTWO, OOIL, QTMM, ZAAP down 10. WEST down another 6.
New lows: CSGH down 14. SPIR down 13 more. CRGE down 12. ALTI, DSTI, GEVO down 6. APWR down 5, came back a lot after open. CREE down 3 more.
Market up 76/13/6. Volume very light. Oil up ~50 cents.
VNDB up 42. WNEA, CPWY up 25. EFOI up 16. AEBF, EVSI up 11. CSUN up 3. COMV up 1.
CBWP down 36. RNNM down 23. SNRY down 22. WPNV down 21. NPWZ down 18. NGBF down 16. ENZR down 12. BFRE, FTEK down 11. FTEK down to their bottoms. WTWO, OOIL, QTMM, ZAAP down 10. WEST down another 6.
New lows: CSGH down 14. SPIR down 13 more. CRGE down 12. ALTI, DSTI, GEVO down 6. APWR down 5, came back a lot after open. CREE down 3 more.
OPEN
(stock #'s in %)
Market up 57/5/4. Volume light. Oil under $93. Fed week. Moody's upgrade of Brazil. Greece Greece Greece. Maybe they should just get out of the EU and print their own money.
VNDB up 42.
Unfortunately the hate still drops on clean E. MDTL down 28. SNRY down 24 after Friday's surge. WPNV down 21. APWR down another 20. I feel the bottom is nigh. SOPW down 16. OOIL, NPWZ down 13. RNNM down 10. AONE down another 3. May be the second bottom. CREE down another 2.
Market up 57/5/4. Volume light. Oil under $93. Fed week. Moody's upgrade of Brazil. Greece Greece Greece. Maybe they should just get out of the EU and print their own money.
VNDB up 42.
Unfortunately the hate still drops on clean E. MDTL down 28. SNRY down 24 after Friday's surge. WPNV down 21. APWR down another 20. I feel the bottom is nigh. SOPW down 16. OOIL, NPWZ down 13. RNNM down 10. AONE down another 3. May be the second bottom. CREE down another 2.
Saturday, June 18, 2011
SATURDAY
Senate this week voted 73-27 to end ethanol tax credit and tariff. As of July 1. Veto threat from the White House. And it's an amendment to the econ development bill which is unlikely to pass. The House also passed a measure to cut DOA funds for blender pumps. Cellulosic biofuel $1/gal tax credit also scheduled to expire end of year (tho renewed in another Senate bill).
House Committee on Appropriations cleared FY12 Energy and Water Bill. $306B for DOE, $5.9B below Admin request, $1B below last year. Solar programs cut 63%, geothermal 62%, biomass 56%, wind 40%, H and fuelcells tech 9%. ARPA-E cut to $100M, $80M below '11. Course, that's just the House committee.
Fed govt uses 2% of US oil supply. DOD uses 93% of that.
Siemens to spend Euro 150M next 2 yrs to expand wind biz. 2 new R&D centers in Denmark and expanded production. At Euro 28B/y revs, Siemens the world leader in clean E.
Germany avg for rooftop solar of 100kw now $3.70/w. 50% drop since '06. In '09, US installs of 10kw ~$8/w.
US has 25M people lacking fulltime work. How many never finished high school I wonder.
Japan, at 210% debt to GDP, has no hope left of recovery. Europe still bailing out their bankers whose loans hurt everyone else but themselves. G, does that sound like American banks? And if I heard Greenspan right on Charlie Rose last night our banks have been sitting on $1.5T from the Fed for years. Greece has borrowed 90B Euros from the ECB. ECB has 5.3B in capital left and holds $1.9T of "dubious paper" from member central banks. Greece will need mo money in July. "Another Lehman moment" the clarion? Um, did it or did it not take WW2 to end the great depression? And do we even want to apply that to today? Um. No.
C-130 Hercs carried $2.5B cash in $100 bills with each flight into Iraq back in '04. There were a lot of flights. Over half of the money unaccounted for to this day. O, the spoils o war.
EIA: tsunami of emerging market oil refineries coming online.
Brussels and Washington engineering the currency fall in effort to destroy the value of their debt. A see-saw fall.
Latest OECD report: Oil demand now 89.3mb/d. Supply 87.4. Hellro. IEA: China alone will increase demand in '12 ~2mb/d. Projected '12 world demand increase 9.48mb/d. Look toward Mongolia, Kenya, Brazil and Columbia for new oil. And God.
UpWind research project says 20MW wind turbines achievable w/ radical design. Trailing edge flaps, camber controls, shape memory alloys and everything else you got.
House Committee on Appropriations cleared FY12 Energy and Water Bill. $306B for DOE, $5.9B below Admin request, $1B below last year. Solar programs cut 63%, geothermal 62%, biomass 56%, wind 40%, H and fuelcells tech 9%. ARPA-E cut to $100M, $80M below '11. Course, that's just the House committee.
Fed govt uses 2% of US oil supply. DOD uses 93% of that.
Siemens to spend Euro 150M next 2 yrs to expand wind biz. 2 new R&D centers in Denmark and expanded production. At Euro 28B/y revs, Siemens the world leader in clean E.
Germany avg for rooftop solar of 100kw now $3.70/w. 50% drop since '06. In '09, US installs of 10kw ~$8/w.
US has 25M people lacking fulltime work. How many never finished high school I wonder.
Japan, at 210% debt to GDP, has no hope left of recovery. Europe still bailing out their bankers whose loans hurt everyone else but themselves. G, does that sound like American banks? And if I heard Greenspan right on Charlie Rose last night our banks have been sitting on $1.5T from the Fed for years. Greece has borrowed 90B Euros from the ECB. ECB has 5.3B in capital left and holds $1.9T of "dubious paper" from member central banks. Greece will need mo money in July. "Another Lehman moment" the clarion? Um, did it or did it not take WW2 to end the great depression? And do we even want to apply that to today? Um. No.
C-130 Hercs carried $2.5B cash in $100 bills with each flight into Iraq back in '04. There were a lot of flights. Over half of the money unaccounted for to this day. O, the spoils o war.
EIA: tsunami of emerging market oil refineries coming online.
Brussels and Washington engineering the currency fall in effort to destroy the value of their debt. A see-saw fall.
Latest OECD report: Oil demand now 89.3mb/d. Supply 87.4. Hellro. IEA: China alone will increase demand in '12 ~2mb/d. Projected '12 world demand increase 9.48mb/d. Look toward Mongolia, Kenya, Brazil and Columbia for new oil. And God.
UpWind research project says 20MW wind turbines achievable w/ radical design. Trailing edge flaps, camber controls, shape memory alloys and everything else you got.
Friday, June 17, 2011
CLOSE
(stock #'s in %)
Market mixed again. Naz under 200-day lines. Volume very heavy for a summer Friday. Might have been options Friday. Oil down to $93. Yes. Something to cheer. Yay. Of course, everyday these days without a catastrophe is worthy of a cheer.
Some crazy numbers. SNRY up 92 on real volume. Guess they just got fed up. Solar installer in FL, actual revenues, tho down recently. Good luck with profit. CBWP up 58. Nuff said. WWPW up 20. HYPF up 19. LEOM up 12. QTWW up 11. ASTI up 8 more. BCON up 7. CREE was down 4 and came back. Is that signalling a bottom?
BDCO down 31. VNDB down 30. CPWY down 25. MDTL down 17. CSUN down 11. QTMM down 10. WTWO down 7. AONE down 3. WEST down 2.
New lows: APWR down 17. ASOE down 14. SPIR down 9. COMV down 7. ABAT down 6. RBCN down $2. DSTI down 3. AMSC down 2. SATC down 1.
Takes your picks, pards. TGIF.
Market mixed again. Naz under 200-day lines. Volume very heavy for a summer Friday. Might have been options Friday. Oil down to $93. Yes. Something to cheer. Yay. Of course, everyday these days without a catastrophe is worthy of a cheer.
Some crazy numbers. SNRY up 92 on real volume. Guess they just got fed up. Solar installer in FL, actual revenues, tho down recently. Good luck with profit. CBWP up 58. Nuff said. WWPW up 20. HYPF up 19. LEOM up 12. QTWW up 11. ASTI up 8 more. BCON up 7. CREE was down 4 and came back. Is that signalling a bottom?
BDCO down 31. VNDB down 30. CPWY down 25. MDTL down 17. CSUN down 11. QTMM down 10. WTWO down 7. AONE down 3. WEST down 2.
New lows: APWR down 17. ASOE down 14. SPIR down 9. COMV down 7. ABAT down 6. RBCN down $2. DSTI down 3. AMSC down 2. SATC down 1.
Takes your picks, pards. TGIF.
OPEN
(stock #'s in %)
Market up 72/6/7. Volume a little heavy. Oil down under $94. Some movement on Greek debt moved the market.
WTWO up 21. CBWP up 20. WWPW up 17. EFOI up 12. AFPW up 8.
HYEG down 19. NGBF, APWR down 11. APWR was down about 20. Where's the bottom? EVSI down 9. CSUN down 8. A shoe dropped. They lowered 2Q guidance. WEST down 3 more, under 50-day lines. CREE down 2 more, new low.
Market up 72/6/7. Volume a little heavy. Oil down under $94. Some movement on Greek debt moved the market.
WTWO up 21. CBWP up 20. WWPW up 17. EFOI up 12. AFPW up 8.
HYEG down 19. NGBF, APWR down 11. APWR was down about 20. Where's the bottom? EVSI down 9. CSUN down 8. A shoe dropped. They lowered 2Q guidance. WEST down 3 more, under 50-day lines. CREE down 2 more, new low.
Thursday, June 16, 2011
STUFF
US likely to double solar elgen in '11 over '10. ~1.8GW will be installed. Tho only 252MW in Q1, 66% over '10. US share of global installs 5% in '10 to be ~9% in '10. Um, aren't we still ~20% of world econ? O yea, we always have republicans dragging our feet into the future. I forgot. Clean E (not including nuke) now ~10% of US elgen in '09 (latest EIA data). Hydro was 66% of it, wind 17%, solar .02%. Prices for residential systems fell slightly to $6.40/w from 4Q10. Commercial-sized systems fell 6% to $5.35/w. Utility systems were down 5% to $3.85/w. Production was 348MW in Q1, up 17% from 4Q10.
OPEC to rake in over $1T in crude revenues this year, assuming prices stay up where they are.
Compressed air remains far cheaper than batteries or other means for storing energy: EPRI. Others contend temp differences is cheapest way to go. Well, I say let's have a cook off. And then go with the cheapest way to go. If we can keep monied interests out of any govt decisions on it.
Speaking of that, I must say again we should have public financing of political campaigns. Let's start with the presidential race. Let's just see if that changes things for the better. I keep saying this and saying this and saying this again.
Enphase Energy planning their IPO. Microinverters. '10 revs $61.6M, net loss $20.7M. 1Q11 revs $18M, loss $9.2M. Um. We already have plenty of money burners. Good ruck.
Senate voted 73-27 to elim 45 cent/gal tax credit for eth, 54 cent/gal tariff on imported eth. Both likely to expire end of year. Admin, tho, opposed to ending the subsidies now. Must be some campaign contributions involved. Another approach may be gradual redux.
Celanese planning to invest $700M in process to make eth from NG, coal.
Happy trails, pards.
OPEC to rake in over $1T in crude revenues this year, assuming prices stay up where they are.
Compressed air remains far cheaper than batteries or other means for storing energy: EPRI. Others contend temp differences is cheapest way to go. Well, I say let's have a cook off. And then go with the cheapest way to go. If we can keep monied interests out of any govt decisions on it.
Speaking of that, I must say again we should have public financing of political campaigns. Let's start with the presidential race. Let's just see if that changes things for the better. I keep saying this and saying this and saying this again.
Enphase Energy planning their IPO. Microinverters. '10 revs $61.6M, net loss $20.7M. 1Q11 revs $18M, loss $9.2M. Um. We already have plenty of money burners. Good ruck.
Senate voted 73-27 to elim 45 cent/gal tax credit for eth, 54 cent/gal tariff on imported eth. Both likely to expire end of year. Admin, tho, opposed to ending the subsidies now. Must be some campaign contributions involved. Another approach may be gradual redux.
Celanese planning to invest $700M in process to make eth from NG, coal.
Happy trails, pards.
CLOSE
(stock #'s in %)
Dow up 64, Naz down 7, S&P up 2. Go figure. Volume heavy again. Oil $95.
PSUD up 47. One of the you-never-ever-knows. EVCA up 42. Pretty close to ditto on that. CSOL up 18. Gotta wonder. IAUS up 16. Same. HYGS up 17 on news. Big jump for them off all their lines and a holding pattern. Grid storage deal. They do fuel cells. ASTI up 15. No news. Jump off their bottom. AEBF, CRGE, SOPW up 12. CRGE maybe the one to look at, looking at their chart. Tho SOPW had good news lately, I think. NGBF up 11. Up or down most every day. UBRG, COMV up 4.
CBWP down 35. SPOW down 27. CLNO down 20. NGLPF, AFPW, NENE down 9. WEST down 7 more. Bumping against 50-day lines. AONE, LEXG, ALTI down 5. AONE the one to consider. APWR ended up down 3 after being up 12. CSUN had a run up 5, then was down 5, ended up down 2. And EFOI came back to finish flat.
New lows: FEWP down 13. DSTI down 10. CBAK down 8. SATC down 3. CREE down 2.
Dow up 64, Naz down 7, S&P up 2. Go figure. Volume heavy again. Oil $95.
PSUD up 47. One of the you-never-ever-knows. EVCA up 42. Pretty close to ditto on that. CSOL up 18. Gotta wonder. IAUS up 16. Same. HYGS up 17 on news. Big jump for them off all their lines and a holding pattern. Grid storage deal. They do fuel cells. ASTI up 15. No news. Jump off their bottom. AEBF, CRGE, SOPW up 12. CRGE maybe the one to look at, looking at their chart. Tho SOPW had good news lately, I think. NGBF up 11. Up or down most every day. UBRG, COMV up 4.
CBWP down 35. SPOW down 27. CLNO down 20. NGLPF, AFPW, NENE down 9. WEST down 7 more. Bumping against 50-day lines. AONE, LEXG, ALTI down 5. AONE the one to consider. APWR ended up down 3 after being up 12. CSUN had a run up 5, then was down 5, ended up down 2. And EFOI came back to finish flat.
New lows: FEWP down 13. DSTI down 10. CBAK down 8. SATC down 3. CREE down 2.
OPEN
(stock #'s in %)
Market up 65/8/6. Volume normal. Oil $95.
WTWO up 25. Yes, I did mention it yesterday. EFOI bounced back, up 17. NGBF up 11. APWR, LEXG up 9. Yes, have been mentioning APWR. UBRG up 5.
BHWX down 14. IFXY down 13. NENE down 10. DSTI down 8. AFPW down 6. WEST down 3.
Market up 65/8/6. Volume normal. Oil $95.
WTWO up 25. Yes, I did mention it yesterday. EFOI bounced back, up 17. NGBF up 11. APWR, LEXG up 9. Yes, have been mentioning APWR. UBRG up 5.
BHWX down 14. IFXY down 13. NENE down 10. DSTI down 8. AFPW down 6. WEST down 3.
Wednesday, June 15, 2011
STUFF
Last weekend we had our 57th annual meeting of the Bilderbergers.
Google's patented concentrated solar tech uses cameras and computers in the central tower to adjust the mirrors robotically for plant optimization. Sometimes, folks, the simplest of ideas are as elegant as the most complex.
Since the '06 peak, homeowners' equity is down from $14.7T to $6.9T. Lower than at the end of '99. Households also lost ~$2T in the market last 5 yrs. Tell me about it. And, not to forget, labor's share of national income is now at the lowest point in almost 100 yrs. What does that tell you?
An albino rabbit was born without ears near Fukushima recently. And dosimeters will be issued to 34k students in the fall. Welcome back to school, kids.
Only 13% of small biz owners in May said they planned to hire workers in next 3 months. Those planning to reduce workers rose to 8%. 23% said sales were higher in last 3 months, 36% said they were lower.
When Dimon (Goldman) last week asked, Bernanke admitted NO ONE had studied the cost of compliance with the new financial regs out of Dodd-Frank. Tuesday the Commodity Futures Trading Commission delayed until year-end implementation of rules covering derivatives. They were to take effect this 16th.
OPEC produced 200kb/d more - over 29mb/d - in May v. April, most gain from Sauds. Sure didn't cover loss from Libya. Way.
DOE yesterday announced almost $2B more in loan guarantees to 2 concentrating solar projects. $1.2B to Abengoa's Mojave project. $682M to Next Era Energy Resources' project in Riverside County CA. Power from both to be sold to PG&E.
Scientists discovered oldest black holes ever in space. Could be a joke in there. I'll let Woopy handle it. And there's missing sunspot activity.
Out, pards. Keep the trails good.
Google's patented concentrated solar tech uses cameras and computers in the central tower to adjust the mirrors robotically for plant optimization. Sometimes, folks, the simplest of ideas are as elegant as the most complex.
Since the '06 peak, homeowners' equity is down from $14.7T to $6.9T. Lower than at the end of '99. Households also lost ~$2T in the market last 5 yrs. Tell me about it. And, not to forget, labor's share of national income is now at the lowest point in almost 100 yrs. What does that tell you?
An albino rabbit was born without ears near Fukushima recently. And dosimeters will be issued to 34k students in the fall. Welcome back to school, kids.
Only 13% of small biz owners in May said they planned to hire workers in next 3 months. Those planning to reduce workers rose to 8%. 23% said sales were higher in last 3 months, 36% said they were lower.
When Dimon (Goldman) last week asked, Bernanke admitted NO ONE had studied the cost of compliance with the new financial regs out of Dodd-Frank. Tuesday the Commodity Futures Trading Commission delayed until year-end implementation of rules covering derivatives. They were to take effect this 16th.
OPEC produced 200kb/d more - over 29mb/d - in May v. April, most gain from Sauds. Sure didn't cover loss from Libya. Way.
DOE yesterday announced almost $2B more in loan guarantees to 2 concentrating solar projects. $1.2B to Abengoa's Mojave project. $682M to Next Era Energy Resources' project in Riverside County CA. Power from both to be sold to PG&E.
Scientists discovered oldest black holes ever in space. Could be a joke in there. I'll let Woopy handle it. And there's missing sunspot activity.
Out, pards. Keep the trails good.
CLOSE
(stock #'s in %)
Market had a day. Down 178/47/22. Volume got to heavy. Oil dropped $4. "Stagflation": werd from past.
Greece in violent financial pains, S.Yemen, Syria in chaos, Libya what, in stalemate? or is the fool just weeks from leaving? Just another day in Margaritaville, pards. Buck on up.
CLNO up 21 on not too shabby volume. Near triple since end of April. I'm not still sure what they do without checking for you but maybe they are for real. Up 21 today on volume was no easy trick.
MDTL up 13. Up 70 interday from the bottom on not bad volume. Still to me an enigma on biz. Are they selling their fuel cells? Building them? Something looks up here. Again, up today.
CBWP, RNNM up 11. Again, CBWP almost doubled intraday. Or is it interday? Or just too dang sweet for insiders? RNNM has a sweet chart going I must say. And very sensible volume at their price. Better than "crownbutt's" (yep, i nickname a lot of the stox). I do me think RNNM is for real.
APWR up 10. You could have caught them down lower after my mention in the open and be up maybe 5. Maybe this fall from grace is over. I have been mentioning it, don't ye know.
HEV, NGLPF up 9 on very appropriate volumes. HEV probably getting attention after the AONE upgrade. NGLPF just another good story - geothermal - beaten down to the bottom.
LEXG and NENE carried over for 7 more today. Both with no revenues. Gotta love the market. AONE carried through for 1 more. Could have made 4 intrainterday.
New 12-month lows: ABAT (up after close to even steven). EFOI down 20 (of course I sold at minimal profit after that buy at 50 cents). ALTI down 7. Running through money. ASTI down 6. Ditto. CREE down 3. You can buy them any time you like but you can never leave. ENOC, COMV down 2. The negawatt (is that werd OK, gangbangers?) twins. ITRI down 1. How low will they go? Probably a turnaround when the indexes trumble around in the 200-day lines. Trumble. New werd. A rumble amidst the tumble.
Okeydokey. Let's take a look see at the downs. CPST down 17 on a downgrade. Well, look at the numbers. CSOL down 15. QTWW down 14. Second bottoming. Or lebottoming. SPWRA, WTWO down 13. Never thought I'd see them paired up. Thing is, you'll see quicker gains with WTWO. But SPWRA says Total will help them double their market share. Something to check out. Then again, China solars are getting the same tech now that SPWRA has. And there's mighty competition out there on solar options. Nuff said. WTWO gets volume.
NPWZ down 11. Talk about stealth, Yahoo doesn't even report their trading. Another fuel cell enigma. NGBF down 10. They move around. I think they have real biz. HSOL down 9. Bottoming.
WEST down 7. Installers just don't make profits. Yet. They do make modules, tho, I think. They sure had a run. Again, we have to see how their AC modules sell v. the systems with the new 1% loss inverters. Good run, though. Helped me double up since March.
CSUN down 3. And AFPW down 2 after a morning run-up.
And that, my fellow souls, was the come and the go that I saw. Happy trails, y'all.
Market had a day. Down 178/47/22. Volume got to heavy. Oil dropped $4. "Stagflation": werd from past.
Greece in violent financial pains, S.Yemen, Syria in chaos, Libya what, in stalemate? or is the fool just weeks from leaving? Just another day in Margaritaville, pards. Buck on up.
CLNO up 21 on not too shabby volume. Near triple since end of April. I'm not still sure what they do without checking for you but maybe they are for real. Up 21 today on volume was no easy trick.
MDTL up 13. Up 70 interday from the bottom on not bad volume. Still to me an enigma on biz. Are they selling their fuel cells? Building them? Something looks up here. Again, up today.
CBWP, RNNM up 11. Again, CBWP almost doubled intraday. Or is it interday? Or just too dang sweet for insiders? RNNM has a sweet chart going I must say. And very sensible volume at their price. Better than "crownbutt's" (yep, i nickname a lot of the stox). I do me think RNNM is for real.
APWR up 10. You could have caught them down lower after my mention in the open and be up maybe 5. Maybe this fall from grace is over. I have been mentioning it, don't ye know.
HEV, NGLPF up 9 on very appropriate volumes. HEV probably getting attention after the AONE upgrade. NGLPF just another good story - geothermal - beaten down to the bottom.
LEXG and NENE carried over for 7 more today. Both with no revenues. Gotta love the market. AONE carried through for 1 more. Could have made 4 intrainterday.
New 12-month lows: ABAT (up after close to even steven). EFOI down 20 (of course I sold at minimal profit after that buy at 50 cents). ALTI down 7. Running through money. ASTI down 6. Ditto. CREE down 3. You can buy them any time you like but you can never leave. ENOC, COMV down 2. The negawatt (is that werd OK, gangbangers?) twins. ITRI down 1. How low will they go? Probably a turnaround when the indexes trumble around in the 200-day lines. Trumble. New werd. A rumble amidst the tumble.
Okeydokey. Let's take a look see at the downs. CPST down 17 on a downgrade. Well, look at the numbers. CSOL down 15. QTWW down 14. Second bottoming. Or lebottoming. SPWRA, WTWO down 13. Never thought I'd see them paired up. Thing is, you'll see quicker gains with WTWO. But SPWRA says Total will help them double their market share. Something to check out. Then again, China solars are getting the same tech now that SPWRA has. And there's mighty competition out there on solar options. Nuff said. WTWO gets volume.
NPWZ down 11. Talk about stealth, Yahoo doesn't even report their trading. Another fuel cell enigma. NGBF down 10. They move around. I think they have real biz. HSOL down 9. Bottoming.
WEST down 7. Installers just don't make profits. Yet. They do make modules, tho, I think. They sure had a run. Again, we have to see how their AC modules sell v. the systems with the new 1% loss inverters. Good run, though. Helped me double up since March.
CSUN down 3. And AFPW down 2 after a morning run-up.
And that, my fellow souls, was the come and the go that I saw. Happy trails, y'all.
FINANCIAL CRISIS
Another take on the financial crisis from the Inquiry Commission Report:
10 essential causes.
1. A credit bubble started in late '90's with China, other large developing countries and big oil-producing nations building up huge surpluses. It created bubbles in US and Europe, causing interest rates to fall. Risk was repriced. Monetary and fiscal policy were loosened (the US, of course, at the turn of century was running budget surpluses) to record levels after 9/11 (and, obviously, we're still there).
2. The large housing bubble in the US (and Europe and many places around world). Price increases well above history norm.
3. Nontraditional mortgages, overly optimistic assumptions, poor origination practices, deception, fraud and lack of homebuyers' responsibility.
4. Failures in credit rating and securitizatioin transformed bad mortgages into toxic financial assets. Credit rating agencies erroneously rated the mortgage-backed securities and their derivatives as safe investments. (S&P, Moody's, etc. paid by investment banks to assign AAA ratings). Buyers didn't do due diligence. Fueled creation of more bad mortgages. Almost half of mortgages by the peak were bad.
5. Financial institutions became heavily concentrated in this risky housing market. Some knowingly, betting on higher prices. Some paid insufficient attention.
6. The financial firms became overly leveraged and or relied on short-term financing in repo and commercial paper markets for day-to-day liquidity. When the housing investments turned sour they ran into liquidity crises.
7. Contagion, "too big to fail", "systemic risk", "counterparty risk". Financial system vulnerability.
8. Unrelated financial institutions and firms failed because they had made similar bad bets on housing and were coming up with huge losses.
9. Financial shock and panic. September '08. Failures, near-failures and restructurings of ten firms triggered the global financial panic. Confidence and trust evaporated. The health of every financial institution in the US was questioned.
10. The shock and panic caused the severe economic downturn.
I'm adding the impact of 9/11 and the wars and spending on security and the ethos of our insecurity since 9/11 as contributing causes.
Bottom line: 9/11 drove us all nuts.
10 essential causes.
1. A credit bubble started in late '90's with China, other large developing countries and big oil-producing nations building up huge surpluses. It created bubbles in US and Europe, causing interest rates to fall. Risk was repriced. Monetary and fiscal policy were loosened (the US, of course, at the turn of century was running budget surpluses) to record levels after 9/11 (and, obviously, we're still there).
2. The large housing bubble in the US (and Europe and many places around world). Price increases well above history norm.
3. Nontraditional mortgages, overly optimistic assumptions, poor origination practices, deception, fraud and lack of homebuyers' responsibility.
4. Failures in credit rating and securitizatioin transformed bad mortgages into toxic financial assets. Credit rating agencies erroneously rated the mortgage-backed securities and their derivatives as safe investments. (S&P, Moody's, etc. paid by investment banks to assign AAA ratings). Buyers didn't do due diligence. Fueled creation of more bad mortgages. Almost half of mortgages by the peak were bad.
5. Financial institutions became heavily concentrated in this risky housing market. Some knowingly, betting on higher prices. Some paid insufficient attention.
6. The financial firms became overly leveraged and or relied on short-term financing in repo and commercial paper markets for day-to-day liquidity. When the housing investments turned sour they ran into liquidity crises.
7. Contagion, "too big to fail", "systemic risk", "counterparty risk". Financial system vulnerability.
8. Unrelated financial institutions and firms failed because they had made similar bad bets on housing and were coming up with huge losses.
9. Financial shock and panic. September '08. Failures, near-failures and restructurings of ten firms triggered the global financial panic. Confidence and trust evaporated. The health of every financial institution in the US was questioned.
10. The shock and panic caused the severe economic downturn.
I'm adding the impact of 9/11 and the wars and spending on security and the ethos of our insecurity since 9/11 as contributing causes.
Bottom line: 9/11 drove us all nuts.
OPEN
(stock #'s in %)
Market down 68/14/7. Volume normal. Oil down 2 dimes.
Shiller says housing might fall another 10-25% next few yrs. Already fallen more than in depression. But it was way high. He also says stocks are 40% overvalued. Nothing but good news from this guy, huh?
US industrial production rose less than expected in May (.1%) from slump in utility output (it was Spring - no heat, no AC) and parts shortages from Japan. Better numbers expected in 2H.
LEXG up another 14. NENE up another 11. APWR up 9. Might want to get on board. HEV, AFPW up 8. HYGS up 6. UBRG up 2.
SPWRA down 14 on Total's closing. VUOC down 11. QTWW, IFXY down 9. NPWZ down 7. CREE down 4, new low.
Market down 68/14/7. Volume normal. Oil down 2 dimes.
Shiller says housing might fall another 10-25% next few yrs. Already fallen more than in depression. But it was way high. He also says stocks are 40% overvalued. Nothing but good news from this guy, huh?
US industrial production rose less than expected in May (.1%) from slump in utility output (it was Spring - no heat, no AC) and parts shortages from Japan. Better numbers expected in 2H.
LEXG up another 14. NENE up another 11. APWR up 9. Might want to get on board. HEV, AFPW up 8. HYGS up 6. UBRG up 2.
SPWRA down 14 on Total's closing. VUOC down 11. QTWW, IFXY down 9. NPWZ down 7. CREE down 4, new low.
Tuesday, June 14, 2011
CLOSE
(stock #'s in %)
Market up 123/39/16. Volume relatively normal. Oil back up over $99.
Senate reportedly voted against move to end eth subsidy 40-59. Subsidizing the use of food to drive around. I guess we just have to live with it. Aaagh. Tho I must say it's not the worst or craziest thing going on.
And, I'm going to say this again. 10M $30k/y jobs would cost $300B. Can't we think of something that would be worth the money spent for them to do? Can't all our well-paid professors and geniuses come up with something for all the unemployed? Instead of drawing unemployment.
OK, all right, here's the wrap:
BDCO up 42. Well, bodes well for other NG comps (I'm thinking UBRG - up 5). LEXG swung back, up 28. HSOL the big solar winner, up 17; SOPW up 12, CSIQ up 10, SOLR up 9, JASO up 4, CSUN up 3 and WEST came back, only up 2. NENE up 16. Went up and sat there on their big news. RNNM up 15. They have a nice climb out going. SYNM up 14. A punch over all the lines. They put out news in the form of an 8-K that their plant is up to 100% efficiency at 75mg/y. They use anything but food for biofuels, including coal. Their revs will be up a lot if their plant keeps that pace. LEDS up 10. Gap up from continual downing after a recommendation from some house. ZIP up 9 after upgrade from someone. Same thing. You got zip you got ZAAP (up 1) and plenty more. AONE up 4 more. Rumor of deal with one of big car comps in the offing. O yea, MMMW up 44. Froth lives!
VVIT down 31. AEBF down 30. And then the Senate voted? WNEA down 22. HYPF down 20. EVCA down 18. ECOS, AFPW down 16. CPWY down 15. NPWZ down 14. MDTL down 11. ALTI down 3, new low. COMV down 2.
Market up 123/39/16. Volume relatively normal. Oil back up over $99.
Senate reportedly voted against move to end eth subsidy 40-59. Subsidizing the use of food to drive around. I guess we just have to live with it. Aaagh. Tho I must say it's not the worst or craziest thing going on.
And, I'm going to say this again. 10M $30k/y jobs would cost $300B. Can't we think of something that would be worth the money spent for them to do? Can't all our well-paid professors and geniuses come up with something for all the unemployed? Instead of drawing unemployment.
OK, all right, here's the wrap:
BDCO up 42. Well, bodes well for other NG comps (I'm thinking UBRG - up 5). LEXG swung back, up 28. HSOL the big solar winner, up 17; SOPW up 12, CSIQ up 10, SOLR up 9, JASO up 4, CSUN up 3 and WEST came back, only up 2. NENE up 16. Went up and sat there on their big news. RNNM up 15. They have a nice climb out going. SYNM up 14. A punch over all the lines. They put out news in the form of an 8-K that their plant is up to 100% efficiency at 75mg/y. They use anything but food for biofuels, including coal. Their revs will be up a lot if their plant keeps that pace. LEDS up 10. Gap up from continual downing after a recommendation from some house. ZIP up 9 after upgrade from someone. Same thing. You got zip you got ZAAP (up 1) and plenty more. AONE up 4 more. Rumor of deal with one of big car comps in the offing. O yea, MMMW up 44. Froth lives!
VVIT down 31. AEBF down 30. And then the Senate voted? WNEA down 22. HYPF down 20. EVCA down 18. ECOS, AFPW down 16. CPWY down 15. NPWZ down 14. MDTL down 11. ALTI down 3, new low. COMV down 2.
STUFF
EPA delayed its rules on power plant emissions for 2 months to consider input on implementation. Still expect final rule by May '12. EPA already delayed standards for ozone and fine particle soot and put industrial boiler standards on hold. EPA says coal plant emissions rule would create near 360k jobs.
On June 9, AEP announced it plans to close 21 coal plants rather than invest in emissions redux. Those plants, tho, are older and dirtier than most others. Avg. age 50 yrs. In '09, these plants pumped 1,200 lbs of Hg into the air, 3,842 lbs of arsenic, 1,600 lbs of lead and 4.7M lbs of acid gases.
Google announced $280M fund to finance residential solar installs. Partnering with Solar City. Goog's total investment in clean E now $680M.
Clear Edge Power got $2.8M from DOE's PNNL to test its fuel cells that produce power and heat.
Admin announced $250M in loans for smart grid deploy and new initiatives to ensure customers' access to E use info. Loans to be administered through DOA's Rural Utility Service program. Already $4.5B spent on grid upgrade through Recovery Act that was matched by $5.5B from private sector.
2 of largest meter makers - Itron and Landis&Gyr (Toshiba) - to integrate their communications platforms into each other's smart meters.
Indiana's Corn Marketing Council rolled out a grant program for gasoline retailers to install blender pumps for eth blends for up to 50% of cost, max of $20k/grant.
On June 9, AEP announced it plans to close 21 coal plants rather than invest in emissions redux. Those plants, tho, are older and dirtier than most others. Avg. age 50 yrs. In '09, these plants pumped 1,200 lbs of Hg into the air, 3,842 lbs of arsenic, 1,600 lbs of lead and 4.7M lbs of acid gases.
Google announced $280M fund to finance residential solar installs. Partnering with Solar City. Goog's total investment in clean E now $680M.
Clear Edge Power got $2.8M from DOE's PNNL to test its fuel cells that produce power and heat.
Admin announced $250M in loans for smart grid deploy and new initiatives to ensure customers' access to E use info. Loans to be administered through DOA's Rural Utility Service program. Already $4.5B spent on grid upgrade through Recovery Act that was matched by $5.5B from private sector.
2 of largest meter makers - Itron and Landis&Gyr (Toshiba) - to integrate their communications platforms into each other's smart meters.
Indiana's Corn Marketing Council rolled out a grant program for gasoline retailers to install blender pumps for eth blends for up to 50% of cost, max of $20k/grant.
OPEN
(stock #'s in %)
Market up 130/40/16. Volume slightly light. Oil back to $98. And when the Goodyear blimp goes down in flames . . .
PSUD up 56. LEXG on a big bounce, up 24. ENSL up 15. NENE up 14 on news. Could almost predict they were going to have a press release. WEST up 11. UBRG up 10. DSTI up 9. LEDS up 8 on recommendation. SOPW up 7 on yesterday's news, I guess. ALTI up 7. SOLR, SATC up 6. CSIQ, JASO up 5.
HYPF down 20. NPWZ down 17. IFXY down 9. COMV down 1.
Market up 130/40/16. Volume slightly light. Oil back to $98. And when the Goodyear blimp goes down in flames . . .
PSUD up 56. LEXG on a big bounce, up 24. ENSL up 15. NENE up 14 on news. Could almost predict they were going to have a press release. WEST up 11. UBRG up 10. DSTI up 9. LEDS up 8 on recommendation. SOPW up 7 on yesterday's news, I guess. ALTI up 7. SOLR, SATC up 6. CSIQ, JASO up 5.
HYPF down 20. NPWZ down 17. IFXY down 9. COMV down 1.
Monday, June 13, 2011
STUFF
Japan Prime Minister at the outset of the nuke catastrophe turned to a handful of advisors who knew little about nuclear plants or barely exchanged info with plant's operators. And now equipment problems delaying water treatment at FUKU, and another nuke in JP to dump radioactive water into ocean.
MD ordered halt to fracking while effects are studied.
N. Europe bracing for serious crop losses as record drought continues. Also facing blackouts from river-cooled nuke reactors having to shut down from lack of water.
Ford to intro a hybrid minivan.
Report by 10 intl agencies, including World Bank and WTO, says govts should scrap policies to support food-based biofuels because they force up food prices globally. We've known this without paying for another dam study for how many years?
Zinc $2/kg. World reserves 1.9B tons, production 30M tons/y. 1 kg contains enough E to raise 5 cu meters of water ( 1,321 gallons = almost 4 tons) 100 meters, using zinc/air and catalyst battery. Zinc oxide byproduct can be recycled back into zinc. EOS Energy Storage batts for grid storage to cost $1k/kwh when intro'd next yr. Can store 6MW. Expecting price to drop to $400-650/kwh in coming yrs. Lead-acid batt still lower at ~$350/kwh. But lead and acid. At scale, Zinc would beat or match.
Electric bus maker Proterra got $30M from GM Ventures, Kleiner Perkins and others. Buses already in use in Pomona, CA, soon to be in San Antonio and Tallahassee. Chargers at each end of route give full charge in under 10 minutes. Battery packs from 54 to 72kw. (Tesla Roadster 53kw). But. 3 buses, 2 chargers for Pomona were $5.6M. But. By next year, 15% of muni buses purchased for CA operators must be zero emission. Bus gets equiv of 24mpg.
DOE announced $36M for 6 small projects to advance non-food biomass for fuel/chems.
NASCAR now using E15 eth blends.
US eth production hit 5-mo high with 915k bls in week ending June 3. Stocks fallen to <20M bls, production using 7M bushels of corn less than USDA estimates.
And S&P downgraded Greece 3 notches, saying default (debt restructuring) likely.
MD ordered halt to fracking while effects are studied.
N. Europe bracing for serious crop losses as record drought continues. Also facing blackouts from river-cooled nuke reactors having to shut down from lack of water.
Ford to intro a hybrid minivan.
Report by 10 intl agencies, including World Bank and WTO, says govts should scrap policies to support food-based biofuels because they force up food prices globally. We've known this without paying for another dam study for how many years?
Zinc $2/kg. World reserves 1.9B tons, production 30M tons/y. 1 kg contains enough E to raise 5 cu meters of water ( 1,321 gallons = almost 4 tons) 100 meters, using zinc/air and catalyst battery. Zinc oxide byproduct can be recycled back into zinc. EOS Energy Storage batts for grid storage to cost $1k/kwh when intro'd next yr. Can store 6MW. Expecting price to drop to $400-650/kwh in coming yrs. Lead-acid batt still lower at ~$350/kwh. But lead and acid. At scale, Zinc would beat or match.
Electric bus maker Proterra got $30M from GM Ventures, Kleiner Perkins and others. Buses already in use in Pomona, CA, soon to be in San Antonio and Tallahassee. Chargers at each end of route give full charge in under 10 minutes. Battery packs from 54 to 72kw. (Tesla Roadster 53kw). But. 3 buses, 2 chargers for Pomona were $5.6M. But. By next year, 15% of muni buses purchased for CA operators must be zero emission. Bus gets equiv of 24mpg.
DOE announced $36M for 6 small projects to advance non-food biomass for fuel/chems.
NASCAR now using E15 eth blends.
US eth production hit 5-mo high with 915k bls in week ending June 3. Stocks fallen to <20M bls, production using 7M bushels of corn less than USDA estimates.
And S&P downgraded Greece 3 notches, saying default (debt restructuring) likely.
CLOSE
(stock #'s in %)
Market flat and mixed. Volume ended up normal. Oil down under $97.
NACF up 29. EVCA up 26. RNNM up 16. WPNV up 13. LMCO, PEIXD up 12. AONE, CREG, NPWZ up 10. Watch AONE on follow through. ENER up 6. BYDDF up 5.
BDCO down 50. Had to go to pink sheets. Just getting back to where they should be. LEXG down 18 more. WTWO, FEWP down 15. ENSL, AWNE down 13. DSTI down 10, new low. SATC, SPIR down 9. Both new lows. ALTI down 4, new low.
Market flat and mixed. Volume ended up normal. Oil down under $97.
NACF up 29. EVCA up 26. RNNM up 16. WPNV up 13. LMCO, PEIXD up 12. AONE, CREG, NPWZ up 10. Watch AONE on follow through. ENER up 6. BYDDF up 5.
BDCO down 50. Had to go to pink sheets. Just getting back to where they should be. LEXG down 18 more. WTWO, FEWP down 15. ENSL, AWNE down 13. DSTI down 10, new low. SATC, SPIR down 9. Both new lows. ALTI down 4, new low.
OPEN
(stock %'s in %)
Market up 41/7/3. Very light volume. Oil under $99. JP Morgan: US companies' profits to climb 10%/y thru '13. Already has been fastest rebound in earnings since late '40's. And no one's hiring.
AFPW up 19. LMCO up 17. NGBF up 14. AONE up 13 on upgrade. SOPW up 9 on news. BCON up 8.
BHWX down 21. FEWP down 17. UBRG down 10. Baffles me why. LEXG down 9 more. CSUN, APWR, COMV, WEST down. SATC down 4, new low.
Market up 41/7/3. Very light volume. Oil under $99. JP Morgan: US companies' profits to climb 10%/y thru '13. Already has been fastest rebound in earnings since late '40's. And no one's hiring.
AFPW up 19. LMCO up 17. NGBF up 14. AONE up 13 on upgrade. SOPW up 9 on news. BCON up 8.
BHWX down 21. FEWP down 17. UBRG down 10. Baffles me why. LEXG down 9 more. CSUN, APWR, COMV, WEST down. SATC down 4, new low.
Saturday, June 11, 2011
WEEKEND LOOK SEE
AMRC may be ready to move up. Good numbers, good biz, down in price. Not a hot runner, but probably more appreciated these days.
APWR hit a new low and came up almost 10% on strong volume. Their ride down may be over.
ASTI like DSTI. All the way down. When will they get going. Or not.
Keep an eye on ASYS. Good numbers.
BCON up 7% on strong volume. The come back down maybe over.
BYDDF had volume on another new low. Does Buffett still own it?
CBAK came all the way back Friday on big volume.
COMV sprang back pretty well off another new low.
CREE back a buck off another new low.
CSIQ coming back to their low.
CSUN did.
ECOS keeps giving pct moves.
ENER struggling at their bottom like ASTI, DSTI with thin film solar, not sure if they have any batt biz left.
ENOC still bottoming.
ESLR. Is there hope?
EVCA down on volume. Still not sure of their biz strategy.
FSLR up 10% on the year.
FSYS with good numbers, on their lows too. Though PE is high.
HSOL another Chinese solar pushed back to double bottom.
IFXY a lot of volume Friday. Tied in with ITRI, who hit another new low on down volume.
JASO another Chinese solar coming back.
LEXG keeps coming down.
NENE is getting back to their lows, but they need to get some revenues going.
NGLPF doesn't look too bad with that latest deal.
PSPW still sandbags me.
SATC hit a new low.
SOLR's probably going back for a new high.
SPIR a new low.
UBRG .26 X sales. Steady sales and growing. Very cheap in comparative valuations.
WEST struggling with the solar installer problems after the big runs on the AC module news. Profit. But they could end up being big guys with Westinghouse behind them.
XSNX like ASTI, DSTI, ENER, ESLR. Who knows when or if.
And that's my look see. May we grow on, A?
APWR hit a new low and came up almost 10% on strong volume. Their ride down may be over.
ASTI like DSTI. All the way down. When will they get going. Or not.
Keep an eye on ASYS. Good numbers.
BCON up 7% on strong volume. The come back down maybe over.
BYDDF had volume on another new low. Does Buffett still own it?
CBAK came all the way back Friday on big volume.
COMV sprang back pretty well off another new low.
CREE back a buck off another new low.
CSIQ coming back to their low.
CSUN did.
ECOS keeps giving pct moves.
ENER struggling at their bottom like ASTI, DSTI with thin film solar, not sure if they have any batt biz left.
ENOC still bottoming.
ESLR. Is there hope?
EVCA down on volume. Still not sure of their biz strategy.
FSLR up 10% on the year.
FSYS with good numbers, on their lows too. Though PE is high.
HSOL another Chinese solar pushed back to double bottom.
IFXY a lot of volume Friday. Tied in with ITRI, who hit another new low on down volume.
JASO another Chinese solar coming back.
LEXG keeps coming down.
NENE is getting back to their lows, but they need to get some revenues going.
NGLPF doesn't look too bad with that latest deal.
PSPW still sandbags me.
SATC hit a new low.
SOLR's probably going back for a new high.
SPIR a new low.
UBRG .26 X sales. Steady sales and growing. Very cheap in comparative valuations.
WEST struggling with the solar installer problems after the big runs on the AC module news. Profit. But they could end up being big guys with Westinghouse behind them.
XSNX like ASTI, DSTI, ENER, ESLR. Who knows when or if.
And that's my look see. May we grow on, A?
Friday, June 10, 2011
CLOSE
(stock #'s in %)
Market down 172/41/18. One more like this and we're at 200-day lines. Volume came back to normal, which is slightly heavy for a Friday. Oil $99.
Well, here are the numbers. Winner was MGLT up 66. VVIT up 39. ECOS up 24. MDTL up 20. RVBF, CBWP up 16. AEGY up 13. EFOI up 12. AWNE up 10. IFXY up 9. BCON up 7. PSPW, APWR up 4. COMV up 3. SOLR up 1.
FRBE down 53. PVRE down 42. NACF down 23. CGYV down 20. EVCA down 16. IAUS, VNDB down 13. CBAK, HYPF, WPNV down 12. ABAT, VSPC down 10. ABAT a new low. ALTI down 8, new low. CSUN down 7, new low. I wonder when people wake up. SPIR down 6, new low. CSIQ down 4. WEST down 3. JASO down 2. ENOC down 1. UBRG flat.
Market down 172/41/18. One more like this and we're at 200-day lines. Volume came back to normal, which is slightly heavy for a Friday. Oil $99.
Well, here are the numbers. Winner was MGLT up 66. VVIT up 39. ECOS up 24. MDTL up 20. RVBF, CBWP up 16. AEGY up 13. EFOI up 12. AWNE up 10. IFXY up 9. BCON up 7. PSPW, APWR up 4. COMV up 3. SOLR up 1.
FRBE down 53. PVRE down 42. NACF down 23. CGYV down 20. EVCA down 16. IAUS, VNDB down 13. CBAK, HYPF, WPNV down 12. ABAT, VSPC down 10. ABAT a new low. ALTI down 8, new low. CSUN down 7, new low. I wonder when people wake up. SPIR down 6, new low. CSIQ down 4. WEST down 3. JASO down 2. ENOC down 1. UBRG flat.
STUFF
Vattenfall to invest 1B Euro into hydropower in France.
U of ND research center has produced jet fuel from coal/biomass mix.
GE, other investors funded Sustain X with $14.4M to continue developing compressed air energy storage tech. $5.4M earlier came from NSF and DOE. They keep air at near-constant temp during compression and expansion which significantly improves efficiency.
After reading the Financial Crisis Inquiry Report, I agree with the dissenting opinion that the reason for the crisis was that, by the time of implosion, 1/2 of US mortgages were subprime or even worse loans because of govt housing policy and lack of oversight (my one addition to the dissenting opinion). So we have to look at how that happened. And permanently fix it.
Ford canceled plans for minivan hybrids, EV's. But plan to build >100k hybrids/EV's/yr. GM dropped Volt price < $40k.
USGS: over last 3 decades, Rocky Mountain snows melted sooner than in centuries past (tree ring records). Both north and south Rockies were warmer. This year's snowpack a recent anomaly, but inside the trend.
AEP predicts need to shutter 25% of US coal fleet.
Intl Maize and Wheat Improvement Center in Mexico to announce they have developed wheat varieties with "near immunity" to stem rust that has been devastating crops from Africa to Mideast.
NRC chief reportedly shielded info to sway Yucca decision. Tsk tsk.
Appeals court ruled for Massey over US on Upper Big Branch.
NOAA hopes to spark offshore fish farming with new policy.
DOE pledged $36M for advanced fuels/chemicals.
NASA launched $400M satellite to measure ocean salinity.
Canada won't sign Kyoto Protocol extension.
Molten salt cooled graphite moderated nuke reactor use the least steel and concrete, cheapest way to go. And then there's thorium.
Exxon bought 2 Marcellus shale NG comps for $1.69B. >300k leased acres.
Not since '73 has world energy use increased in % as much as in '10. Up 5.6% over '09. Coal up 7.6%, NG up 7.4%.
Petrobras to produce 6mb/d by '20 - triple in decade.
DOE putting up $70M for geothermal drilling research, mapping.
And if we all could fart less, we could reduce GHG emissions _____%/yr.
Happier trails, pards.
U of ND research center has produced jet fuel from coal/biomass mix.
GE, other investors funded Sustain X with $14.4M to continue developing compressed air energy storage tech. $5.4M earlier came from NSF and DOE. They keep air at near-constant temp during compression and expansion which significantly improves efficiency.
After reading the Financial Crisis Inquiry Report, I agree with the dissenting opinion that the reason for the crisis was that, by the time of implosion, 1/2 of US mortgages were subprime or even worse loans because of govt housing policy and lack of oversight (my one addition to the dissenting opinion). So we have to look at how that happened. And permanently fix it.
Ford canceled plans for minivan hybrids, EV's. But plan to build >100k hybrids/EV's/yr. GM dropped Volt price < $40k.
USGS: over last 3 decades, Rocky Mountain snows melted sooner than in centuries past (tree ring records). Both north and south Rockies were warmer. This year's snowpack a recent anomaly, but inside the trend.
AEP predicts need to shutter 25% of US coal fleet.
Intl Maize and Wheat Improvement Center in Mexico to announce they have developed wheat varieties with "near immunity" to stem rust that has been devastating crops from Africa to Mideast.
NRC chief reportedly shielded info to sway Yucca decision. Tsk tsk.
Appeals court ruled for Massey over US on Upper Big Branch.
NOAA hopes to spark offshore fish farming with new policy.
DOE pledged $36M for advanced fuels/chemicals.
NASA launched $400M satellite to measure ocean salinity.
Canada won't sign Kyoto Protocol extension.
Molten salt cooled graphite moderated nuke reactor use the least steel and concrete, cheapest way to go. And then there's thorium.
Exxon bought 2 Marcellus shale NG comps for $1.69B. >300k leased acres.
Not since '73 has world energy use increased in % as much as in '10. Up 5.6% over '09. Coal up 7.6%, NG up 7.4%.
Petrobras to produce 6mb/d by '20 - triple in decade.
DOE putting up $70M for geothermal drilling research, mapping.
And if we all could fart less, we could reduce GHG emissions _____%/yr.
Happier trails, pards.
OPEN
(stock #'s in %)
Market down 137/29/14. Volume very light. Oil down under $100. Sauds said they will raise output.
AFPW up 12. UBRG up 2.
FRBE down 53. CGYV down 20. BFRE down 13. VSPC down 12. WEST down 7. CSIQ down 5. CSUN down 4. BYDDF down 4, new low.
Market down 137/29/14. Volume very light. Oil down under $100. Sauds said they will raise output.
AFPW up 12. UBRG up 2.
FRBE down 53. CGYV down 20. BFRE down 13. VSPC down 12. WEST down 7. CSIQ down 5. CSUN down 4. BYDDF down 4, new low.
Thursday, June 9, 2011
STUFF
USGS planning to revise '08 est. of Bakken (ND) reserves - 4.3B bls (25X higher than '95 est.). March '11 production ~360kb/d. An est. there's 11B bls. And it's light, sweet crude. Central Montana's Heath reservoir getting more attention.
Poll said 47% of American adults say global warming caused by human activity. Reality beats opinions everytime.
UN's FAO reports global rice production beating demand, stocks likely highest since '02. Wheat recovering from last year, but production won't meet demand this year. And corn supply lowest in 37 years.
Intel: by '18, supercomputers will be able to perform millions of trillions of operations/sec. But they will need >500MW of power each.
World supply of NG ~16,000 TCF (~200 yrs at present use). NG releases 1/2 the CO2 of coal, and less Hg, SOx and NOx.
Poll said 47% of American adults say global warming caused by human activity. Reality beats opinions everytime.
UN's FAO reports global rice production beating demand, stocks likely highest since '02. Wheat recovering from last year, but production won't meet demand this year. And corn supply lowest in 37 years.
Intel: by '18, supercomputers will be able to perform millions of trillions of operations/sec. But they will need >500MW of power each.
World supply of NG ~16,000 TCF (~200 yrs at present use). NG releases 1/2 the CO2 of coal, and less Hg, SOx and NOx.
CLOSE
(stock #'s in %)
Market up 75/9/9. A Dow rally. On very light volume. Oil up a buck more.
TSPG up 100. I know. ASOE up 35. PSPW, NACF up 30. VNDB up 25. CSOL up 20. HYEG up 17. GSPI, WWPW up 16. GSPI stockholders refused a reverse split. CRGE up 15. CBWP up 14. BHWX up 13. IAUS up 11. VSPC up 10. WEST up 7.
RVBF down 40. VVIT down 30. AEGY down 22. FEWP down 17 (China agreement to stop wind sector subsidies?). NPWZ down 16. ECOS down 14. CPWY down 12. APWR down 8 more, new low. ESLR down 6, new low. Bankrupt? ENER down 3, new low.
Market up 75/9/9. A Dow rally. On very light volume. Oil up a buck more.
TSPG up 100. I know. ASOE up 35. PSPW, NACF up 30. VNDB up 25. CSOL up 20. HYEG up 17. GSPI, WWPW up 16. GSPI stockholders refused a reverse split. CRGE up 15. CBWP up 14. BHWX up 13. IAUS up 11. VSPC up 10. WEST up 7.
RVBF down 40. VVIT down 30. AEGY down 22. FEWP down 17 (China agreement to stop wind sector subsidies?). NPWZ down 16. ECOS down 14. CPWY down 12. APWR down 8 more, new low. ESLR down 6, new low. Bankrupt? ENER down 3, new low.
OPEN
(stock #'s in %)
Market up 88/9/9. Volume light. Oil over $101.
VNDB up 35. CBWP up 33. PSPW up 27 in a bounce off its 200-day lines. MDTL up 25. CSOL up 20. WWPW up 16. IFXY up 14. CBAK up 9 on news and China suspension of lead-acid batt production. UBRG up 8. WEST up 6.
NPWZ down 21. AFPW down 18. EVCA, LMCO down 9. APWR, BYDDF down 4, both new lows. AONE down 3, new low.
Market up 88/9/9. Volume light. Oil over $101.
VNDB up 35. CBWP up 33. PSPW up 27 in a bounce off its 200-day lines. MDTL up 25. CSOL up 20. WWPW up 16. IFXY up 14. CBAK up 9 on news and China suspension of lead-acid batt production. UBRG up 8. WEST up 6.
NPWZ down 21. AFPW down 18. EVCA, LMCO down 9. APWR, BYDDF down 4, both new lows. AONE down 3, new low.
Wednesday, June 8, 2011
STUFF ADDENDUM
Corn crop delays in US signalling tightest world supply since '74.
Oil majors going fracking in Poland. Poland wants to get off Russia gas.
US still spending more on military than rest of the world combined.
Almost half in US see great depression w/in a year.
Batt market will hit $60B/y in next few yrs. Chiang's (MIT) 24M got $16M in VC, fed funds. Spinoff of AONE (also MIT).
Wind E development in Ontario will create 80k persons/y of employ and attract > $16B in private investment in next 8 yrs.
O yea, the sun had a flare that covered half the surface. Expect something at 1M MPH.
First Energy offering Dayton Power and Light regular customers a fixed price of 7.59 cents/kwh through '13.
If Boulder County renews contract with Xcel E instead of becoming a muni utility they will be the "most green city in the world" by '20.
Most of AZ doesn't have enough wind year-around to support utility-scale windgen.
Oil majors going fracking in Poland. Poland wants to get off Russia gas.
US still spending more on military than rest of the world combined.
Almost half in US see great depression w/in a year.
Batt market will hit $60B/y in next few yrs. Chiang's (MIT) 24M got $16M in VC, fed funds. Spinoff of AONE (also MIT).
Wind E development in Ontario will create 80k persons/y of employ and attract > $16B in private investment in next 8 yrs.
O yea, the sun had a flare that covered half the surface. Expect something at 1M MPH.
First Energy offering Dayton Power and Light regular customers a fixed price of 7.59 cents/kwh through '13.
If Boulder County renews contract with Xcel E instead of becoming a muni utility they will be the "most green city in the world" by '20.
Most of AZ doesn't have enough wind year-around to support utility-scale windgen.
CLOSE
(stock #'s in %)
Market down 21/26/5. Volume turned heavy. Oil $101. Looking more and more like we will be touching on the 200-day lines this month (250 more Dow).
The interesting: SPWRA, despite reduced outlook and several downgrades, finished up 1.
The crazy: PVRE up 138.
The low volumers: MDTL up 16. AEBF up 15. WPNV up 13. LEOM up 11. NACF down 22.
The others: FEWP up 45 (almost put it in crazy). NPWZ up 22 (ditto). ECOS up 12. QTMM up 11. UBRG up 3. You might want to check their news item today.
CBWP down 47 (also considered for crazy). MMMW down 36 (ditto). ECTH down 25 (kinda low volume category). WPRT down 15 (big move for them). ECTY down 14. LEXG, WWPW down 13. HSOL down 12. CCTC, EVSI down 11. WEST, AXPW, RNNM down 10 (borderline low volumer). AONE down 9, new low. CSUN, CSIQ, JASO down 8. CSUN a new low. APWR down 7, new low. PSPW hit their 200-day lines and came back 10. AMSC down 4, new low. ENOC down 3, hit a new low. COMV, AFPW down 2.
Quite a day.
Market down 21/26/5. Volume turned heavy. Oil $101. Looking more and more like we will be touching on the 200-day lines this month (250 more Dow).
The interesting: SPWRA, despite reduced outlook and several downgrades, finished up 1.
The crazy: PVRE up 138.
The low volumers: MDTL up 16. AEBF up 15. WPNV up 13. LEOM up 11. NACF down 22.
The others: FEWP up 45 (almost put it in crazy). NPWZ up 22 (ditto). ECOS up 12. QTMM up 11. UBRG up 3. You might want to check their news item today.
CBWP down 47 (also considered for crazy). MMMW down 36 (ditto). ECTH down 25 (kinda low volume category). WPRT down 15 (big move for them). ECTY down 14. LEXG, WWPW down 13. HSOL down 12. CCTC, EVSI down 11. WEST, AXPW, RNNM down 10 (borderline low volumer). AONE down 9, new low. CSUN, CSIQ, JASO down 8. CSUN a new low. APWR down 7, new low. PSPW hit their 200-day lines and came back 10. AMSC down 4, new low. ENOC down 3, hit a new low. COMV, AFPW down 2.
Quite a day.
STUFF
5 US comps have AAA rating: ADP, Exxon, Johnson and Johnson, Microsoft and Pfizer. Fitch now warns that US may lose AAA rating. Yep, part of the Wall St. gang that brought us this "great recession".
Record snowpack, heavy rains have filled Missouri River reservoirs to the top. Only option is to release it, which will result in flooding downstream until mid-August.
GE to invest in eSolar to build hybrid NG/solar thermal plants. Baseline power. Terms not disclosed.
Honeywell tapped by SynGest to produce ammonia for biomass.
Sunpower Biodiesel launched biodiesel from canola plants in WI.
Obama pledged US cooperation in euro debt crisis. Well, we did give them the financial crash.
US called for China to disclose all its govt clean E subsidy programs. China agreed to end their wind power subsidies. US had the WTO case against their grants to wind turbine makers. 3rd successful WTO challenge US has brought against Chinese subsidies. I don't get it. US has wind subsidies. What does make sense these days anymore?
New EPA regs for cleaner coal plant emissions would cost utilities $17.8B/yr: coal industry report.
Switzerland will shutter their nuke reactors by '34.
China CO2 emissions up 10% in '10. Their annual "state of environment" report says the situation is "very grave". SO2 emissions down, tho. Yay. Something. Temp rise in China since '61 at least .5 degrees C (~.9 degrees F).
Climate debate sparked death threats in Australia. Can't make this stuff up.
Increased jellyfish populations damaging ocean food chain.
Exxon has 2 new oil and 1 NG discovery in deepwater Gulf of Mex. Up to 700M bls equivalent. What is that, about 8.5 days worth for world's present use? ~800 miles from New Orleans. Partnered with Eni and Petrobras.
AT&T to spend more with suppliers that track carbon.
Still boggles my mind: the internet has run out of IP addresses.
SPWRA's newest panels' efficiencies >20%. Proto developed from DOE Solar America Initiative funds 4 years ago. 24% theoretical top for Si. Course, there's EMKR's gallium arsenide 40% plus.
Brazil to loan up to $22B for sugarcane eth expansion. Flex-fuel vehicles there now 45% of fleet, to rise to est. 86% by '20. Columbia sugarcane producers to up production 10% this year to 1.25M liters/day. GM, meanwhile, to scale back investment in flex vehicles production. And Ford CEO urged Congress to back one tech if they want to be serious about alt fuel vehicles. Electric or the biofuel mess.
Ohio eth producers paying up to $1/bushel over futures prices. Definitely a money losing deal. And the crop's off to a slow start.
PEIX did a 1-for-7 reverse split.
And I'm doing my split. See ya on the trails, pards.
Record snowpack, heavy rains have filled Missouri River reservoirs to the top. Only option is to release it, which will result in flooding downstream until mid-August.
GE to invest in eSolar to build hybrid NG/solar thermal plants. Baseline power. Terms not disclosed.
Honeywell tapped by SynGest to produce ammonia for biomass.
Sunpower Biodiesel launched biodiesel from canola plants in WI.
Obama pledged US cooperation in euro debt crisis. Well, we did give them the financial crash.
US called for China to disclose all its govt clean E subsidy programs. China agreed to end their wind power subsidies. US had the WTO case against their grants to wind turbine makers. 3rd successful WTO challenge US has brought against Chinese subsidies. I don't get it. US has wind subsidies. What does make sense these days anymore?
New EPA regs for cleaner coal plant emissions would cost utilities $17.8B/yr: coal industry report.
Switzerland will shutter their nuke reactors by '34.
China CO2 emissions up 10% in '10. Their annual "state of environment" report says the situation is "very grave". SO2 emissions down, tho. Yay. Something. Temp rise in China since '61 at least .5 degrees C (~.9 degrees F).
Climate debate sparked death threats in Australia. Can't make this stuff up.
Increased jellyfish populations damaging ocean food chain.
Exxon has 2 new oil and 1 NG discovery in deepwater Gulf of Mex. Up to 700M bls equivalent. What is that, about 8.5 days worth for world's present use? ~800 miles from New Orleans. Partnered with Eni and Petrobras.
AT&T to spend more with suppliers that track carbon.
Still boggles my mind: the internet has run out of IP addresses.
SPWRA's newest panels' efficiencies >20%. Proto developed from DOE Solar America Initiative funds 4 years ago. 24% theoretical top for Si. Course, there's EMKR's gallium arsenide 40% plus.
Brazil to loan up to $22B for sugarcane eth expansion. Flex-fuel vehicles there now 45% of fleet, to rise to est. 86% by '20. Columbia sugarcane producers to up production 10% this year to 1.25M liters/day. GM, meanwhile, to scale back investment in flex vehicles production. And Ford CEO urged Congress to back one tech if they want to be serious about alt fuel vehicles. Electric or the biofuel mess.
Ohio eth producers paying up to $1/bushel over futures prices. Definitely a money losing deal. And the crop's off to a slow start.
PEIX did a 1-for-7 reverse split.
And I'm doing my split. See ya on the trails, pards.
OPEN
(stock #'s in %)
Market mixed. Volume normal. Oil up over $100. OPEC left quotas unchanged. Couldn't reach consensus. And Bernanke says the slow recovery needs sustained stimulus. I guess QE3 cometh.
AFPW up 9. UBRG up 4 on news.
LEXG down 13 more. PSPW down 9. COMV down 7 more, under $3. CCTC down 7. BYDDF down 3 more, new low, under $3. WEST down 3, dipped under $2. Should bottom out today, their new AC module at the show that opens today in Germany. CSUN down 3 more, new low, near $2. APWR down another 3. CREE, ITRI down 1, both hitting new lows.
Market mixed. Volume normal. Oil up over $100. OPEC left quotas unchanged. Couldn't reach consensus. And Bernanke says the slow recovery needs sustained stimulus. I guess QE3 cometh.
AFPW up 9. UBRG up 4 on news.
LEXG down 13 more. PSPW down 9. COMV down 7 more, under $3. CCTC down 7. BYDDF down 3 more, new low, under $3. WEST down 3, dipped under $2. Should bottom out today, their new AC module at the show that opens today in Germany. CSUN down 3 more, new low, near $2. APWR down another 3. CREE, ITRI down 1, both hitting new lows.
Tuesday, June 7, 2011
CLOSE
(stock #'s in %)
Market down 19/1/1. Volume light. Oil steady.
WEST up 14. TSPG down 57. AFPW down 27. WTWO down 13.
Market down 19/1/1. Volume light. Oil steady.
WEST up 14. TSPG down 57. AFPW down 27. WTWO down 13.
OPEN
(stock #'s in %)
Market up 74/15/8. Volume light. Oil steady. Waiting for Bernanke speech. OPEC tomorrow.
WEST up 38 more. Hope you took my advice on Friday. LEOM up 25. CSIQ, APWR up 3.
CSOL down 34. PEIX down 17, new low. Bankrupt, tho, right? BFRE down 11. LEXG down 10. EFOI down 7. ASTI down 4 more. CSUN, ENOC down 1.
Market up 74/15/8. Volume light. Oil steady. Waiting for Bernanke speech. OPEC tomorrow.
WEST up 38 more. Hope you took my advice on Friday. LEOM up 25. CSIQ, APWR up 3.
CSOL down 34. PEIX down 17, new low. Bankrupt, tho, right? BFRE down 11. LEXG down 10. EFOI down 7. ASTI down 4 more. CSUN, ENOC down 1.
Monday, June 6, 2011
CLOSE
(stock #'s in %)
Market down 61/30/13. I really did expect an uptick. Volume was pretty summer normal. Oil stayed down.
ADES up 53 on Goldman deal. ECTH up 40. Liquidity the key. RVBF up 25. RNNM up 16. WEST up 15. Did I tell U? UBRG, ENOC up 1.
MDTL down 25. Not sure what the heck going on there. QTMM down 22. LEOM down 20. If there's not volume in the hundred k's, don't bother. Unless it's special. AEGY, NACF down 17. If you want to work in low liquidity. PSPW down 13. LTBR down 11. BCON, ASTI down 9. Don't count them out. APWR down 8. I think that's a buy. Watch the volume. LEDS down 7 more too. SOLR down 6. CSIQ down 4. CREE down 3. CSUN down 2, I think a new low.
Market down 61/30/13. I really did expect an uptick. Volume was pretty summer normal. Oil stayed down.
ADES up 53 on Goldman deal. ECTH up 40. Liquidity the key. RVBF up 25. RNNM up 16. WEST up 15. Did I tell U? UBRG, ENOC up 1.
MDTL down 25. Not sure what the heck going on there. QTMM down 22. LEOM down 20. If there's not volume in the hundred k's, don't bother. Unless it's special. AEGY, NACF down 17. If you want to work in low liquidity. PSPW down 13. LTBR down 11. BCON, ASTI down 9. Don't count them out. APWR down 8. I think that's a buy. Watch the volume. LEDS down 7 more too. SOLR down 6. CSIQ down 4. CREE down 3. CSUN down 2, I think a new low.
STUFF
US ordered shutdown of 1-yr-old Keystone pipeline that carries Canada's tar sands oil to the US after a series of spills. TransCanada the same company that wants to build pipe to Gulf of Mexico refineries.
Japan doubled their estimate of Fuku radiation release.
Plans for EV plants in 3 US states stalled.
Protests against Kuwaiti govt for 3rd straight Friday last Friday. And the Sauds and the Iranians face off in Bahrain, um, continues.
Drought in central China being said worst in 60 years. 100 in Hunan. Inadequate drinking water, water traffic suspended in several provinces. Reservoirs too low for irrigation. Chinese planners admitted last week that they failed to see the impact of 3 Gorges on lakes, rivers downstream. But 84Bkwh produced by the dam last year.
Iran needs $150B invested in E infra or oil production may fall to 2.7mb/d in 5 yrs.
Egypt says it won't resume NG to Israel, Jordan or Lebanon until it's sure it can secure the pipeline that's been blown up what, twice already? The Bedouins want a share of the revs.
In early '08, Libya's soveriegn wealth fund gave Goldman ~$1.3B to invest in currencies and such. Goldman lost 98% of it, but offered Libya a chance to become a large stockholder. To date nothing done on the loss, so goes the report. How about novels on world transactions? And reactions. And is the truth stranger than fiction? What's strange? Wow, waxing pedantical philosophy now huh?
Falling river levels in north and east Europe could force shutdown of nuke plants that need cooling water.
Brazil gave go ahead to build world's 3rd largest dam on the Xingu in the Amazon for 11GW, 11% of country's el need.
And in N. Carolina we have a state representative who wants to felonize theft of >$1K worth of kitchen grease.
Japan doubled their estimate of Fuku radiation release.
Plans for EV plants in 3 US states stalled.
Protests against Kuwaiti govt for 3rd straight Friday last Friday. And the Sauds and the Iranians face off in Bahrain, um, continues.
Drought in central China being said worst in 60 years. 100 in Hunan. Inadequate drinking water, water traffic suspended in several provinces. Reservoirs too low for irrigation. Chinese planners admitted last week that they failed to see the impact of 3 Gorges on lakes, rivers downstream. But 84Bkwh produced by the dam last year.
Iran needs $150B invested in E infra or oil production may fall to 2.7mb/d in 5 yrs.
Egypt says it won't resume NG to Israel, Jordan or Lebanon until it's sure it can secure the pipeline that's been blown up what, twice already? The Bedouins want a share of the revs.
In early '08, Libya's soveriegn wealth fund gave Goldman ~$1.3B to invest in currencies and such. Goldman lost 98% of it, but offered Libya a chance to become a large stockholder. To date nothing done on the loss, so goes the report. How about novels on world transactions? And reactions. And is the truth stranger than fiction? What's strange? Wow, waxing pedantical philosophy now huh?
Falling river levels in north and east Europe could force shutdown of nuke plants that need cooling water.
Brazil gave go ahead to build world's 3rd largest dam on the Xingu in the Amazon for 11GW, 11% of country's el need.
And in N. Carolina we have a state representative who wants to felonize theft of >$1K worth of kitchen grease.
OPEN
(stock #'s in %)
Market down 38/9/7. Volume summer light. Oil down under $99.
ADES up 64 on news. ECOS up 14. UBRG up 13. WEST up 12. ENOC up 4 on FERC decision.
MDTL down 37. VSPC, CPWY down 10. APWR down 4 more, new low.
Market down 38/9/7. Volume summer light. Oil down under $99.
ADES up 64 on news. ECOS up 14. UBRG up 13. WEST up 12. ENOC up 4 on FERC decision.
MDTL down 37. VSPC, CPWY down 10. APWR down 4 more, new low.
Saturday, June 4, 2011
SATURDAY
US farmland prices rose 20% in Q1.
USGS: E. African extension of Arabian oil geology contains up to 30B bls o oil. Let alone deepwater Gulf o Aden.
PNNL has developed nanostructures that make absorption AC systems (large industrial) 75% smaller while saving 50% of costs v. current tech. Less heat needed to drive refrig cycle plus other efficiencies makes sun able to power AC. AC 16% of total residential el use.
US home loan delinquencies falling. But still 2X '95-'05 avg. 2M houses in foreclosure pipeline (90 days overdue). 2.2M already in foreclosed inventory. As many as 7M properties in bank resale or short sale market in coming months. 4M more could go foreclosure with 5% more price drop. Shiller is thinking fallback to 110-yr mean - another 5-10% price drop. And another 20M homes underwater. Zillow: 55% of Atlanta under. Phoenix 68%. Housing fell 80% in Japan. If anyone remembers.
>$4.6T (5%) of global econ depends on rare earth metals/minerals, which China controls . So now global econ is $92T?! When the hell did that happen? US at $14T then a lot less than the 1/4th or even 1/5th of world it used to be. The dollar will not be the world curency anymore kids. Your dads and moms blew it. Unless we're getting fed bogus numbers even from government. O no. Not from government. Belief in the United States of America itself is being challenged. But a lot of greed took over. If enough don't wake up it will be gone. If it's not too late. Makes you want to cry. As recently as '00 we had it right. Makes me cry. The '00 election stolen in FL by Bush's brother governor. The '04 election stolen in Ohio by the Sec of State of Ohio. O, water under the bridge. Yea. Let's take a look-see of where the hell we are.
OPEC meets this week. If you are OPEC what would you do? Raise production to give the world a break? Or tighten the screw to get higher prices?
Japan is boosting oil imports after Fuku. Russia raised oil export tariffs to 44%. Rolling blackouts in China. India paying billions to subsidize gasoline. Sudan rescue workers can't get food to refugees because there's no gas for the vehicles. Mongolian miners can't afford Russian oil. Kenya is rationing gas. Libya. Yemen. Venezuela production continues to fall. Mexico's? Germany going no nuke. Saudi internal oil demand increasing 10%/y. And it goes on and on.
Daimler and Linde announced plan to open 20 new hydrogen filling stations in next 3 yrs. Wow. 20?!
CCGI installed 7 EV charging stations in West Palm Beach.
NM's largest el comp is facing showdown with state regulators over how little clean E produced.
ORNL and industry partners (ECTY) to build 125 solar-assisted EV charging stations across TN by 2Q12. Will provide info on station performance, customer charging preferences, component reliability and impact on grid. TN gives $2,500 rebate to EV buyers after $7,500 fed tax credit.
Stuff.
USGS: E. African extension of Arabian oil geology contains up to 30B bls o oil. Let alone deepwater Gulf o Aden.
PNNL has developed nanostructures that make absorption AC systems (large industrial) 75% smaller while saving 50% of costs v. current tech. Less heat needed to drive refrig cycle plus other efficiencies makes sun able to power AC. AC 16% of total residential el use.
US home loan delinquencies falling. But still 2X '95-'05 avg. 2M houses in foreclosure pipeline (90 days overdue). 2.2M already in foreclosed inventory. As many as 7M properties in bank resale or short sale market in coming months. 4M more could go foreclosure with 5% more price drop. Shiller is thinking fallback to 110-yr mean - another 5-10% price drop. And another 20M homes underwater. Zillow: 55% of Atlanta under. Phoenix 68%. Housing fell 80% in Japan. If anyone remembers.
>$4.6T (5%) of global econ depends on rare earth metals/minerals, which China controls . So now global econ is $92T?! When the hell did that happen? US at $14T then a lot less than the 1/4th or even 1/5th of world it used to be. The dollar will not be the world curency anymore kids. Your dads and moms blew it. Unless we're getting fed bogus numbers even from government. O no. Not from government. Belief in the United States of America itself is being challenged. But a lot of greed took over. If enough don't wake up it will be gone. If it's not too late. Makes you want to cry. As recently as '00 we had it right. Makes me cry. The '00 election stolen in FL by Bush's brother governor. The '04 election stolen in Ohio by the Sec of State of Ohio. O, water under the bridge. Yea. Let's take a look-see of where the hell we are.
OPEC meets this week. If you are OPEC what would you do? Raise production to give the world a break? Or tighten the screw to get higher prices?
Japan is boosting oil imports after Fuku. Russia raised oil export tariffs to 44%. Rolling blackouts in China. India paying billions to subsidize gasoline. Sudan rescue workers can't get food to refugees because there's no gas for the vehicles. Mongolian miners can't afford Russian oil. Kenya is rationing gas. Libya. Yemen. Venezuela production continues to fall. Mexico's? Germany going no nuke. Saudi internal oil demand increasing 10%/y. And it goes on and on.
Daimler and Linde announced plan to open 20 new hydrogen filling stations in next 3 yrs. Wow. 20?!
CCGI installed 7 EV charging stations in West Palm Beach.
NM's largest el comp is facing showdown with state regulators over how little clean E produced.
ORNL and industry partners (ECTY) to build 125 solar-assisted EV charging stations across TN by 2Q12. Will provide info on station performance, customer charging preferences, component reliability and impact on grid. TN gives $2,500 rebate to EV buyers after $7,500 fed tax credit.
Stuff.
FRIDAY CLOSE
(stock #'s in %)
Market down 97/36/12. Volume a little heavy for summer Friday. Oil $100.
TMSH up 53. These guys are on a run. QTMM up 25, back to its Jan high. WTWO up 19. CSOL up 18. VSPC up 17. SOLR up 12, new high. CCGI up 10.
HYPF down 29. CBWP, VNDB down 20. AFPW down 16. WPNV down 15. AEBF down 13. SNRY down 12. AXPW down 10. WEST down 6. COMV down 5, hit another new low. ENER down 4, new low. BYDDF down 3 more, another new low. ENOC down 3, new low. LEDS down 3, new low.
Market down 97/36/12. Volume a little heavy for summer Friday. Oil $100.
TMSH up 53. These guys are on a run. QTMM up 25, back to its Jan high. WTWO up 19. CSOL up 18. VSPC up 17. SOLR up 12, new high. CCGI up 10.
HYPF down 29. CBWP, VNDB down 20. AFPW down 16. WPNV down 15. AEBF down 13. SNRY down 12. AXPW down 10. WEST down 6. COMV down 5, hit another new low. ENER down 4, new low. BYDDF down 3 more, another new low. ENOC down 3, new low. LEDS down 3, new low.
Friday, June 3, 2011
3:30P
Buy WEST. Look at the 5-day chart and look at the savings in installs with AC solar. Doesn't look like it's going to go down.
Was watching COMV and ENOC. And UBRG put out news around 1:30 or something and I put in a bid at .062. But didn't get it. But I put in an all or nothing bid. I would've picked up some if I hadn't I think.
The market should come back some Monday. There will be reasons why.
Let's catch up over the weekend.
Was watching COMV and ENOC. And UBRG put out news around 1:30 or something and I put in a bid at .062. But didn't get it. But I put in an all or nothing bid. I would've picked up some if I hadn't I think.
The market should come back some Monday. There will be reasons why.
Let's catch up over the weekend.
STUFF
After inflation, Case-Shiller index 1Q11 at '99 levels.
HUD launched program to help owners of rental properties refinance to get funds for E efficiency upgrades. $100M initial volume expected.
FPL starts rebates June 21 for solar installs. They expect fund cap to be reached quickly. $1k for solar water heaters, $150k max for biz PV systems, $20k max for residential.
Schneider El offered $2B for Telvent - realtime monitoring svcs, other utility techs. Paying 16% premium over stock val. Revs 168M Euros in Q1. Earlier this week, Schneider bought 74% of Luminous Tech (India) - power storage equip, inverters. In April they bought Lee Tech - data center equip with $140M annual revs - and Smart Link Network systems (India) - cabling specialists - for $112M, and Summit Energy - consulting and energy mgmt - for $268M a few days before that. Schneider, ABB, Siemens and GE in race for smart grid development capability.
Fotowatio Renewable Ventures got $45M DOE conditional commitment for a loan quarantee for a 20MW PV solar farm 25 miles from Vegas. FRV has 280MW pipeline of PPA's, running 3rd behind SPWRA and FSLR. Edwards AFB in pipe for potential 350MW.
Competitive Power Ventures, GE Energy Financial Services and Diamond Generating Corp closed on the $900M CPV Sentinal solar power plant, the largest project financing in US thermal power industry this year. To be built in Riverside County, CA.
Vestas got 149MW order for turbines for Canadian wind farm.
HUD launched program to help owners of rental properties refinance to get funds for E efficiency upgrades. $100M initial volume expected.
FPL starts rebates June 21 for solar installs. They expect fund cap to be reached quickly. $1k for solar water heaters, $150k max for biz PV systems, $20k max for residential.
Schneider El offered $2B for Telvent - realtime monitoring svcs, other utility techs. Paying 16% premium over stock val. Revs 168M Euros in Q1. Earlier this week, Schneider bought 74% of Luminous Tech (India) - power storage equip, inverters. In April they bought Lee Tech - data center equip with $140M annual revs - and Smart Link Network systems (India) - cabling specialists - for $112M, and Summit Energy - consulting and energy mgmt - for $268M a few days before that. Schneider, ABB, Siemens and GE in race for smart grid development capability.
Fotowatio Renewable Ventures got $45M DOE conditional commitment for a loan quarantee for a 20MW PV solar farm 25 miles from Vegas. FRV has 280MW pipeline of PPA's, running 3rd behind SPWRA and FSLR. Edwards AFB in pipe for potential 350MW.
Competitive Power Ventures, GE Energy Financial Services and Diamond Generating Corp closed on the $900M CPV Sentinal solar power plant, the largest project financing in US thermal power industry this year. To be built in Riverside County, CA.
Vestas got 149MW order for turbines for Canadian wind farm.
OPEN
(stock #'s in %)
Market down 53/10/4. Volume normal. Oil under $100. Labor reported 54k jobs for May, the confirm of Wednesday's news. Market's back halfway from the open, but I suspect we're headed for 200-day lines, ~ 11,750 Dow (about where we started the year). Depends how corporate 2Q numbers are going to come out in July, too. And with June starting off like this, it's not looking too promising. Then there's real estate and sovereign debt.
AEBF down 13. WEST down 6 more. Have to see how their AC solar sells. ENER, COMV down 5 more. ENOC, JASO down 3 more. UBRG down 4.
HYEG up 33, new high, on yesterday's news. WTWO back up 21. CLNO up 12. ECOS up 11. SOLR up 8 on huge sale. TSLA up 6 on new issue.
Market down 53/10/4. Volume normal. Oil under $100. Labor reported 54k jobs for May, the confirm of Wednesday's news. Market's back halfway from the open, but I suspect we're headed for 200-day lines, ~ 11,750 Dow (about where we started the year). Depends how corporate 2Q numbers are going to come out in July, too. And with June starting off like this, it's not looking too promising. Then there's real estate and sovereign debt.
AEBF down 13. WEST down 6 more. Have to see how their AC solar sells. ENER, COMV down 5 more. ENOC, JASO down 3 more. UBRG down 4.
HYEG up 33, new high, on yesterday's news. WTWO back up 21. CLNO up 12. ECOS up 11. SOLR up 8 on huge sale. TSLA up 6 on new issue.
Thursday, June 2, 2011
CLOSE
(stock #'s in %)
Market hard to call. Dow down 41. But Naz up 4. Volume a little summer heavy. Summer home, summer not. Oil creaped up 60 cents. Just a day to watch and learn. From cash. Usually, summer teaches patience. Wait for the drop outs and pick them up at the bottom for 10% gain on the day or 2. Or, if you are connected into Wall Street well, then just do what they say. Or if you are a genius, pick up the next triple or better. But the numbers are not boding well for the mart. So. I think we are in a correction. Dow to go down 10 to 20% from the tops. When we get there we might know. Or. Like the market after the '29 crash that came almost all the way back to the top, the market is down to hell for decades from here with the economics facing us. But. Maybe it's not all that bad. Maybe. Hopefully.
MGLT down 50 on 250 shares. Do we HAVE to love Wall St.? How crazy do they want it? MDTL, CPWY down 23. WEST down 19. Well, after what gain yesterday actually, some sense. VSPC, AFPW down 17. RNNM down 16. WTWO down 14. EFOI down 8. ENER down 7. I think a new low. COMV down 3 more. Also new low? ENOC down 2 more. AMSC down uno mas.
GWSC, NACF up 19. Yep, the stalwarts. VNDB, WPNV up 18. 5.5k shares between them. AEBF, HYEG, QTMM up 15. Don't lose any sleep over it. HEV up 14. Now, they did have volume. SNRY up 13. They did too, but at 2 tenths of a cent. BCON up 9. UBRG up 4.
Market hard to call. Dow down 41. But Naz up 4. Volume a little summer heavy. Summer home, summer not. Oil creaped up 60 cents. Just a day to watch and learn. From cash. Usually, summer teaches patience. Wait for the drop outs and pick them up at the bottom for 10% gain on the day or 2. Or, if you are connected into Wall Street well, then just do what they say. Or if you are a genius, pick up the next triple or better. But the numbers are not boding well for the mart. So. I think we are in a correction. Dow to go down 10 to 20% from the tops. When we get there we might know. Or. Like the market after the '29 crash that came almost all the way back to the top, the market is down to hell for decades from here with the economics facing us. But. Maybe it's not all that bad. Maybe. Hopefully.
MGLT down 50 on 250 shares. Do we HAVE to love Wall St.? How crazy do they want it? MDTL, CPWY down 23. WEST down 19. Well, after what gain yesterday actually, some sense. VSPC, AFPW down 17. RNNM down 16. WTWO down 14. EFOI down 8. ENER down 7. I think a new low. COMV down 3 more. Also new low? ENOC down 2 more. AMSC down uno mas.
GWSC, NACF up 19. Yep, the stalwarts. VNDB, WPNV up 18. 5.5k shares between them. AEBF, HYEG, QTMM up 15. Don't lose any sleep over it. HEV up 14. Now, they did have volume. SNRY up 13. They did too, but at 2 tenths of a cent. BCON up 9. UBRG up 4.
OPEN
(stock #'s in %)
Market mixed and flat. Volume summer normal. Oil steady around $100.
BCON up 12. Still no news of the jump 2 days ago unless it's their new flywheel plant online. PSPW up 9. FCEL, AMSC up 3.
WEST down 21. IFXY down 20 with news. AFPW down 11. ENSL down 10. WTWO down 9. DSTI down 8, new low.
Market mixed and flat. Volume summer normal. Oil steady around $100.
BCON up 12. Still no news of the jump 2 days ago unless it's their new flywheel plant online. PSPW up 9. FCEL, AMSC up 3.
WEST down 21. IFXY down 20 with news. AFPW down 11. ENSL down 10. WTWO down 9. DSTI down 8, new low.
Wednesday, June 1, 2011
STUFF
Enerkem (Montreal) makes eth from old utility poles and trash. Got investment from Valero. Waste Management also raised their stake. Building 2 plants in Canada. 1 with 1.3M gal/y cap, the other with 10M gal. Also got $50M DOE grant and loan guarantee for 3rd plant (10M gal) in MS. 10M gal plants use 100k tons of garbage/y. The product meets fed definition of advanced cellulosic biofuel (not food). So, eligible for quota that fuel distributors must meet. Catalyst of copper and zinc turns out methanol which is converted to eth. And they use 2:1 ratio of CO to H to turn trash into pure gas.
A UK comp suspended fracking after 2 small earthquakes occurred near a test well.
A power outage closed FERC headquarters. Irony is amazing.
OPEC will likely roll over current output agreement next week, untouched since record cut in Dec '08.
Libya's oil minister defected. And NATO is extending the campaign 90 more days.
IEA: global CO2 emissions up 5% from '08. Highest ever recorded in '10. What's to be said. We'll reap the whirlwinds.
We can make our days happy or not. I hope yours' was the former. I did OK. Keep it right n tight.
A UK comp suspended fracking after 2 small earthquakes occurred near a test well.
A power outage closed FERC headquarters. Irony is amazing.
OPEC will likely roll over current output agreement next week, untouched since record cut in Dec '08.
Libya's oil minister defected. And NATO is extending the campaign 90 more days.
IEA: global CO2 emissions up 5% from '08. Highest ever recorded in '10. What's to be said. We'll reap the whirlwinds.
We can make our days happy or not. I hope yours' was the former. I did OK. Keep it right n tight.
CLOSE
(stock #'s in %)
Well, sell in May and go away was just confirmed. Hay, sometimes the market goes down for months at a time. And we are definitely below the 50-day lines again. It's summer. And the news ain't good. Did you see any good news today?
Mart down 279/66/30. Volume summer heavy. Oil back to $100. I should have put out a bulletin at noon when I sold everything, watching the Dow collapse at 10 points a second. But this isn't that kind of site. Tho I always like to step it up for biz sake (yea, like I make anything here). But I know you pards. You were selling out too. Or shorting. No idiots we.
OK. Let's do the fallout. WEST up 99. News that they have AC solar. I guess it's that big of a deal, huh? Pretty huge volume too. I dialed in when they were already up 50%. I didn't see it coming. FRBE up 23 on news I think. Forget volume. VSPC up 17. I know. Who sees it coming. SPOW up 14. Sure. Why not. 6k shares. XSNX, MGLT up 11. This is the one I love: ESLR up 10. And, believe it or not, EFOI up 8.
WTWO down 31. 15M shares is volume. Even at a half cent. AMSC down 23. O yea. Bad news bears. Superconductivity, for God sakes. What a sad statement of an ignorant world. I expect them to bottom out around here for awhile. Every business has to make a profit. And grow. But God sakes. Did they get ripped off in China by reverse engineering - ha ha american we have now your technology? CSOL down 21. PSPW, AEBF down 13. BCON, ALTI down 11. HSOL down 8. UBRG down 7.
Stuff will be later today. Hurricane supplies to pick up. The trails, pards.
Well, sell in May and go away was just confirmed. Hay, sometimes the market goes down for months at a time. And we are definitely below the 50-day lines again. It's summer. And the news ain't good. Did you see any good news today?
Mart down 279/66/30. Volume summer heavy. Oil back to $100. I should have put out a bulletin at noon when I sold everything, watching the Dow collapse at 10 points a second. But this isn't that kind of site. Tho I always like to step it up for biz sake (yea, like I make anything here). But I know you pards. You were selling out too. Or shorting. No idiots we.
OK. Let's do the fallout. WEST up 99. News that they have AC solar. I guess it's that big of a deal, huh? Pretty huge volume too. I dialed in when they were already up 50%. I didn't see it coming. FRBE up 23 on news I think. Forget volume. VSPC up 17. I know. Who sees it coming. SPOW up 14. Sure. Why not. 6k shares. XSNX, MGLT up 11. This is the one I love: ESLR up 10. And, believe it or not, EFOI up 8.
WTWO down 31. 15M shares is volume. Even at a half cent. AMSC down 23. O yea. Bad news bears. Superconductivity, for God sakes. What a sad statement of an ignorant world. I expect them to bottom out around here for awhile. Every business has to make a profit. And grow. But God sakes. Did they get ripped off in China by reverse engineering - ha ha american we have now your technology? CSOL down 21. PSPW, AEBF down 13. BCON, ALTI down 11. HSOL down 8. UBRG down 7.
Stuff will be later today. Hurricane supplies to pick up. The trails, pards.
OPEN
(stock #'s in %)
Market down 138/18/13. Volume summer normal. Oil below $102. US manufacturing growth slowed more than estimates in May and ADP says only 38k new jobs in May.
WTWO down 22. AMSC down 18, new low, on bad news. UBRG down 10 more. PSPW down 8.
EFOI up 8.
Market down 138/18/13. Volume summer normal. Oil below $102. US manufacturing growth slowed more than estimates in May and ADP says only 38k new jobs in May.
WTWO down 22. AMSC down 18, new low, on bad news. UBRG down 10 more. PSPW down 8.
EFOI up 8.
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