Friday, February 3, 2012

FRIDAY OPEN

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Market up 141/38/16. Volume heavy. Oil up over $97. 243k jobs, rate down to 8.3%. US factory orders up in Jan 1.1%. Are we clawing out of hell? Israel says it may not be long before they attack Iran nuke program. That won't be good. At all.

VNDB bounced back, up 177. I know. ZOLT up 43 after reporting last night. I saw them climbing over 200-day lines yesterday and was going to put out a flash buy for y'all. Obviously I didn't. Sorry. CRGE up 25. AMSC up 14. Up near 1 200-day line, over their 50's. Maybe settlement soon with Sinovel. PWER up 11. A spring off 50-day lines. ENER up 6.

MKTY down 28 on 100 shs. WWPW back 25. ECOS down 20. BFRE down 19 more. Almost back to start. IFXY down 16 on 100 shs. LEOM, TMEN down 14. APWR down 10. QTWW down 6. LSCG down 3.

Thursday, February 2, 2012

THURSDAY CLOSE

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Market flat and mixed. Volume avg. Oil stayed below $97. Naz at last year's spring and summer tops. Straight up since mid Dec. Go figure. I'm trying.

CPWY up 50. Yea, I saw that coming. Didn't you? MKTY up 39. Oops, forgot about them. WWPW up 20. Well, they had that news and went back down. ALTI up 19. Here we go. Should have bought at the close. The new QTWW. The new gal in town. They go up 2 or 3 days. QTWW, BLQN, ZNNMF up 15. APWR up 14. QTMM up 13. ZOLT up 7, cleared 200-day lines. EMKR up 6. A 4-day comback from that dis. I forget stuff. But you can check the record here. DSTI, HSOL, CSUN up 4. CERP up 3.

VNDB down 68. Glad I didn't own that. MMMW down 26. BFRE down 22. NTCXF down 12. WEST down 7. AMEL, AXPW down 6. ABAT, LSCG down 3. LEOM down 2. PWER down 1.

What a casino.

STUFF

Not a big stuff day. Go figure. All I got was global warming is drying up Canada's forests. And 2, oranges were $1/doz at the local store. Otherwise, stuff was discombobulated.

THURSDAY OPEN

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Market up 6/16/3. Volume a little above avg. Oil down under $97.

QTWW, CERP up 14. Day 2 for QTWW. NPWZ up 11. ENER up 6 more. HSOL up 4. DSTI up 3. CSIQ, CSUN, ASTI up 2.

BFRE, LEOM down 16. RNNM down 10. AMEL, AXPW down 6. NENE, ABAT, CCTC down 3.

Wednesday, February 1, 2012

WEDNESDAY CLOSE

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Market up 83/34/11. Volume a little heavy. Oil down under $98.

TMEN up 25. QTWW up 24. I guess on the NG thing with CLNE and WPRT. MMMW up 23. BFRE up 21. LYSDY up 18. FSYS, URRE up 11. FSYS another NG thing. ASTI up 9. AMEL, ENER, XIDE, BIOF up 7. PANL, RBCN up 6. WWPW, PEIX up 5. ABAT, ELON, CSUN up 4. LSCG up 3. NENE up 2.

MGLT down 69. The casino. AXPW down 23. APWR down 10. WPRT down 8 off new highs. UBRG, CSKH down 5. DSTI down 3. CSIQ, CCTC down 2.

STUFF

Reported that US massing troops on 2 islands near Hormuz. Also plans for 3 US carriers with 1 French carrier to arrive in Persian Gulf 1st week of March. 4th US carrier will stand by in Pacific. What the hell.

Tanzania shale gas reserves believed to be 60TCF. Mozambique NG reserve worth estimated $800B. Their GDP is $10B/y. Anadarko a big player in the area. Recall EIA just cut Marcellus reserve estimates 40% to under 500TCF. And only a fraction of that is economically recoverable. Bottom line: NG is practically everywhere around the world with fracking. It's time utilities convert to it and time we get it into trucks and buses and cars. Maybe even trains. Then there's fuel cells that run on NG.

Canada exported 1.5mb/d of oil as recently as Oct. Total production expected to be 3.5mb/d by '15. Bottom line: they can fill both pipeline to US and pipeline to West Coast for Asia.

Commerce Dept found massive surge of Chinese solar imports for a few months last year. That triggered 90-day retro rule if duties warranted. Final decision probably in Oct. A gate check next month.

302k homes sold in US last year.  Worst year going back to '63. 6M homes liquidated since '07. 8M more expected next 4 years. Another 20% down to go. Sad sad state of affairs.

China adding to gold holdings. And some are saying silver will hit $140 in '12. Wo.

Giant rare earths refinery in Malaysia granted operating license. Expects to open this year.

WEDNESDAY OPEN

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Market up 140/21/13. Volume a little above avg. Oil up over $99. ADP says 170k new jobs in Jan. US manufacturing index up in Jan.

BFRE up 27 more. TMEN up 25. LYSDY up 20. Over 1 200-day line, under the other. BLDW up 18 on news. ENER, PSPW up 11. URRE, AMEL up 10, AMEL on late news last night. FSYS up 8, above 200-day lines.

AXPW down 24 on new shelf offering. CSOL down 21.