Wednesday, September 2, 2015

WEDNESDAY CLOSE .... Market up 293/113/35. WTI under $46, Brent over $50. US natgas $2.65 .... Australia GDP up .2% in Q2 .... ISIL says its new currency will destroy America's financial system .... Al-qaeda fighters could tackle ISIS: Petraeus .... (stock #s in %) ASTI up 42 with super volume. MDDD up 26. RNWEF up 24. LYSDY up 21. AXPW up 20 with super volume. AMLM up 20. BBLU up 18. GPHBF up 12. CLNT up 10. EFOI up 10, new high with volume. (How high EFOI will go?). SCTY up 7. WNDW up 4 .... VSPC down 20. FNVRF down 16. ADES down 12, new low with volume. PSON down 11. AVAV down 9, new low with volume.

WORLD ON TRACK FOR WARMING "FAR ABOVE" 2*C TARGET: ANALYSTS .... CO2 will forever alter key ocean microbes: study .... Colorado PUC ordered no changes to solar net metering .... Leading US info/com tech comps' power use 14% clean/ren .... Streamlined enviro review process for midwest wind farms takes effect right away .... Eni's new NG field off Egypt could hold 30TCF. (About 1 yr of US demand.) .... Alberta regulators ordered Nexen Energy (CNOOC unit) to shut down 95 pipelines for crude, NG, saltwater, freshwater, emulsion. Non-comply with safety rules .... Canada Oil Sands forced to shut down at oil sands project because of fire .... UK OK'd $4.5B plan to develop N Sea NG field. Could start producing in '19, meet 5% UK demand in '21. Expected to produce over 13 yrs .... Dutch court says Shell, Exxon must comp homeowners in quake zone of NG field .... Solar CIty (SCTY) new fund for $400M of solar projects .... Southern Power buying controlling stake in 300Mw solar project in Cal from First Solar (FSLR). All online in 3Q16 .... Duke filed with Florida PSC to reduce rates, citing lower than expected fuel prices .... TVA deal with NextEra Energy to buy power from 80Mw Alabama solar farm .... Duke unit bought 50% stake in 211Mw Texas wind farm in JV with Sumitomo unit. Mars Inc (candy comp) to buy the power, ren/en creds .... Hitachi plans to add production line for offshore wind nacelles by April .... Solar Frontier to supply 26Mw N Carolina solar project .... China $5B loan to boost Venezuela oil output.

WEDNESDAY OPEN .... Market up 109/40/13. Volume slightly light. WTI under $46, Brent under $50 .... 190K new US private sector jobs in August: ADP .... US productivity revised up to 3.3% for 2Q .... Brazil industrial output down .... China arrested over 200 in stock market crackdown .... (stock #s in %) RNWEF up 24. AXPW up 20 with volume. GPHBF up 12. AETI up 11. EFOI up 6, new high .... ZNNMF down 17. XSNX down 13. AVAV down 10, new low with volume after reporting.

Tuesday, September 1, 2015

TUESDAY CLOSE .... Market down 469/140/58. Volume new normal. WTI ~$45, Brent ~$49. US natgas $2.69 .... US construction spending up .7% in July .... (stock #s in %) ASTI up 107 with super volume. BLQN up 75 on 100 shs. GTATQ up 52 with super volume, yesterday's news. XDSL up 47. XSNX up 19. SUNE up 3 with volume .... AXPW down 27 with volume. PSON down 24, new low. BSRC down 20. LMRMF down 13. CHGT, DPSM down 11. AMTX, AWSL down 10. AXAS down 9. AMSC down 8 with volume. ACFN down 6, new low. WEST down 3, bottoming with super volume. FCSMF down 2, new low. BWEN, CREG down 1, new lows.

PACIFIC EL NINO STRONGEST SINCE RECORD IN '97-'98 .... France increased solar target to 8Gw by '20 .... US oil/gas rig count went from ~200 in '09 to ~1,600 in late '14. Now over 600 .... Westport (WPRT) buying Fuel Systems (FSYS) .... JA Solar (JASO), Essel to break ground in December on 500Mw solar cell plant in India. To follow with module plant of similar capacity. $150M cell plant to take 1 yr to build .... Indian Oil, Celanese to build 1M metric ton, $2.4B petcoke-to-ethanol plant in India .... IAEA OK'd Kenya to proceed with nuke power plant plan .... Hawaii governor opposed to importing LNG for electric powergen .... Costa Rica banned hydropower projects on 2 rivers for 25 yrs .... Vestas (VWDRY) got 33Mw order from Sweden comp .... Duke closed 50% buy of 211Mw wind project .... (News is usually sparse in last week of summer, pards.)

TUESDAY OPEN .... Market down 337/69/36. Volume slightly heavy. WTI under $47, Brent under $52 .... China factory production down to 3-yr low .... US factory production expanded slowest in over 2 yrs .... Canada GDP down in 2Q .... Euro unemploy down to 10.9% in July .... (stock #s in %) ASTI up 56 with super volume. XDSL up 25. GTATQ up 24 with super volume. ZAAP up 12. FCEL up 11 with news. ASPW up 7 with volume. SUNE up 6 .... AMLM down 42, new low. PSON down 24, new low. BSRC down 16. DPSM down 11. AXPW down 10 with volume. WEST down 5, back on bottom. AMRC, AMRS down 2, new lows.