Posts Tagged ‘Bud Danenberger’

Oil Rig Expert Talks About Oil Spill In Gulf; Rain, Choppy Seas Halt Cleanup; Spill Images

Oil Rig Expert Talks About Oil Spill In Gulf; Rain, Choppy Seas Halt Cleanup; Spill Images

Courtesy of Mish 

CNN talks with oil rig expert Bud Danenberger on the rig failure in the gulf and the potential for the oil spill. Click on link to see video. Another video follows.

Oil slick spreads from sunken rig

Rain, Choppy Seas Halt Cleanup

Please consider Rain, choppy seas halt cleanup near sunken oil rig

Choppy seas, strong winds and rain halted Saturday’s cleanup of an oil spill around the massive oil drilling rig that exploded and toppled into the ocean off the Louisiana coast.

Eleven workers are still missing from the Deepwater Horizon rig that sank Thursday about 50 miles from Louisiana’s coast. They are presumed dead.

The bad weather rolled in Friday, bringing with it strong wind, clouds and rain that interrupted efforts to contain the oil spill. Petty Officer Erik Swanson of the Coast Guard said cleanup would resume once the weather cleared.

The cause of Tuesday’s massive blast off the Louisiana coast is unknown. On Friday, Coast Guard officials suspended the three-day search for the missing workers.

An undetermined amount of oil has spilled from the rig, though Swanson said Saturday morning that remotely operated vehicles had not yet detected any leaking oil from the well or rig. However, crews are closely monitoring the rig and well for any more crude that might spill out.

An oil sheen appeared to cover an area about two miles wide and eight miles long Friday afternoon.

BP, which is taking the lead in the cleanup, said it has activated an extensive oil spill response, including the remotely operated vehicles to assess the well and 32 vessels to mop up the spill. The Marine Spill Response Corp., an energy industry cleanup consortium, also brought equipment. …

BP PLC, which leased the Deepwater Horizon, opposes what it says are "extensive prescriptive regulations."

Rough Seas, Thunderstorms Threaten Oil Spill Area

From the Weather Channel: Rough Seas, Thunderstorms Threaten Oil Spill Area

While crews race to contain the Gulf of Mexico oil spill, severe weather and a period of rough seas this weekend will threaten the area as a line of thunderstorms is forecast to move through the region.

Thunderstorms will sweep west to east through the area, bringing thunder, lightning and up to several inches


continue reading


Tags: , , , ,




 
 
 

Insider Scoop

Benzinga's M&A Chatter for Thursday September 29, 2016

Courtesy of Benzinga.

The following are the M&A deals, rumors and chatter circulating on Wall Street for Thursday September 29, 2016:

Qualcomm Said to be in Talks to Acquire NXP Semiconductors for $30B+

The Rumor:
Qualcomm Inc. (NASDAQ: QCOM) is said in talks to acquire NXP Semiconductors NV (NASDAQ: NXPI), according to sources as reported by Dow Jones on Thursday. The sources said a deal, which could happen over the next two to three months, would likely be valued at over $30 billion, though NXP's market cap was already over $32 billion following the report.

NXP Semiconductor...



http://www.insidercow.com/ more from Insider

Zero Hedge

This Is How Much Liquidity Deutsche Bank Has At This Moment, And What Happens Next

Courtesy of ZeroHedge. View original post here.

It is not solvency, or the lack of capital - a vague, synthetic, and usually quite arbitrary concept, determined by regulators - that kills a bank; it is - as Dick Fuld will tell anyone who bothers to listen - the loss of (access to) liquidity: cold, hard, fungible (something Jon Corzine knew all too well when he commingled and was caught) cash, that pushes a bank into its grave, usually quite rapidly: recall that it took Lehman just a few days for its stock to plunge from the high double digits to zero.

It is also liquidity, or rather concerns about it, that sent Deutsche Bank stock ...



more from Tyler

ValueWalk

IRS Walks Tightrope in Plan to Use Private Debt Collectors

By insidesources. Originally published at ValueWalk.

IRS Walks Tightrope in Plan to Use Private Debt Collectors

The Internal Revenue Service is looking to use private contractors to help collect tax debt but some warn there is a risk of increased scams and abuse.

The IRS announced its intent to use private debt collectors  Sept. 26 in response to a congressional order. The federal agency hopes to have the program operational by spring. The idea could help the agency to more efficiently collect tax debt, but it might also be opening the door to fraud and abuse.

“What makes it worse is the prevalence of these scam artists who call pretending to be IRS collectors,ȁ...



more from ValueWalk

Phil's Favorites

Beating Your Own Investments

Beating Your Own Investments

Courtesy of 

Add Julian Robertson and Howard Marks to the long list of billionaires that are less than optimistic about the future. All the reasons they cite are unfortunately very compelling, but pessimists always sound intelligent. You can probably count on one hand the number of investors that were actually able to capitalize on their pessimism.

But let’s say all these billionaires are right and U.S. stocks will in fact experience lower returns going forward. A good strategy would be to have your rate of investment outpace the return on your investment. As an example, let’s say you’ve saved some money and have $10,000 to invest. An...



more from Ilene

Market News

News You Can Use From Phil's Stock World

 

Financial Markets and Economy

Fed’s Lockhart Sees Potential for Raising Rates ‘Before Long’ (Bloomberg)

Federal Reserve Bank of Atlanta President Dennis Lockhart said the central bank is nearing its goals of maximum employment and steady inflation near 2 percent, leaving the economy primed for an increase in borrowing costs.

U.S. Economy Expanded at Revised 1.4% Rate in Second Quarter (Bloomberg) ...



more from Paul

Kimble Charting Solutions

Stocks and Crude Oil hung up by this key pattern!

Courtesy of Chris Kimble.

Below compares the price patterns of Crude Oil and the NYSE Index over the past 8-years. Crude and the NYSE don’t always correlate, over the past couple of years though, they have in a big way!

CLICK ON CHART TO ENLARGE

Since early 2015, the correlation between Crude Oil and the NYSE has been very high. They both hit highs together in 2015 at (1) and they both created double bottom lows together at (2).

Over the past 15-months, both appear to be ...



more from Kimble C.S.

Mapping The Market

The Industry That Was Crushed By The Obama Administration

By Jean-Luc

Good riddance – cleaned up a lot of frauds there:

The Industry That Was Crushed By The Obama Administration

In early 2009, the seven largest publicly traded college operators were worth a combined $51 billion. Today, they’ve been all but wiped out.

When Barack Obama took office, America’s seven largest publicly traded college operators were worth a combined $51 billion, with more than 815,000 students enrolled at campuses spread across the country. The schools were flooded with with people seeking shelter from the recession, returning to school to pick up new skills.

Almost eight years later, the industry has been decimated. The seven largest listed operators are worth just over $6 billion, and the most valuable co...



more from M.T.M.

Chart School

RTT browsing latest..

Courtesy of Read the Ticker.

Please review a collection of WWW browsing results.



Date Found: Saturday, 26 March 2016, 02:36:15 PM

Click for popup. Clear your browser cache if image is not showing.
Comment: ZH: Its a BULLARD market, the FED jaw boning is keeping the market up!



Date Found: Sunday, 27 March 2016, 02:31:30 PM

Click for popup. Clear your browser cache if image is not showing.
Comment: RTT: World trade near 2008/09 lows. SP500 near all time highs. PLACE YOUR BETS! Roll up! Roll up!



Date Found: Tuesday, 29 March 2016, 02:42:11 PM

Click for popup. Clear your browser cach...



more from Chart School

OpTrader

Swing trading portfolio - week of September 26th, 2016

Reminder: OpTrader is available to chat with Members, comments are found below each post.

 

This post is for all our live virtual trade ideas and daily comments. Please click on "comments" below to follow our live discussion. All of our current  trades are listed in the spreadsheet below, with entry price (1/2 in and All in), and exit prices (1/3 out, 2/3 out, and All out).

We also indicate our stop, which is most of the time the "5 day moving average". All trades, unless indicated, are front-month ATM options. 

Please feel free to participate in the discussion and ask any questions you might have about this virtual portfolio, by clicking on the "comments" link right below.

To learn more about the swing trading virtual portfolio (strategy, performance, FAQ, etc.), please click here ...



more from OpTrader

Members' Corner

Market Liquidity and Macroeconomic Bullshit

 

Market Liquidity and Macroeconomic Bullshit

Courtesy of The Nattering Naybob

STJL - "Apparently macroeconomics is all bullshit – ROFL! Paging Naybob now… Famous Economist Paul Romer Says Macroeconomics Is All Bullshit."

The Nattering One muses... Macroeconomics as practiced by academics and those in charge is pure voodoo. Better to chant over goat blood, bird feathers and scattered entrails...

As for reality, overnight CNH HIBOR (...



more from Our Members

Digital Currencies

Gold, Silver and Blockchain - Fintech Solutions To Negative Rates, Bail-ins, Currency Debasement and Cashless

Courtesy of ZeroHedge. View original post here.

By Jan Skoyles

I was so pleased yesterday by the announcement that I have joined the Research team at GoldCore as it meant that I could finally start talking about it and was back in a role that lets me indulge in my passion by researching and geeking out on all things gold, silver and money.

...



more from Bitcoin

Biotech

Epizyme - A Waiting Game

Reminder: Pharmboy is available to chat with Members, comments are found below each post.

Epizyme was founded in 2007, and trying to create drugs to treat patient's cancer by focusing on genetically-linked differences between normal and cancer cells. Cancer areas of focus include leukemia, Non-Hodgkin's lymphoma and breast cancer.  One of the Epizme cofounders, H. Robert Horvitz, won the Nobel Prize in Medicine in 2002 for "discoveries concerning genetic regulation of organ development and programmed cell death."

Before discussing the drug targets of Epizyme, understanding epigenetics is crucial to comprehend the company's goals.  

Genetic components are the DNA sequences that are 'inherited.'  Some of these genes are stronger than others in their expression (e.g., eye color).  Yet, some genes turn on or off due to external factors (environmental), and it is und...



more from Biotech

All About Trends

Mid-Day Update

Reminder: Harlan is available to chat with Members, comments are found below each post.

Click here for the full report.




To learn more, sign up for David's free newsletter and receive the free report from All About Trends - "How To Outperform 90% Of Wall Street With Just $500 A Week." Tell David PSW sent you. - Ilene...

more from David

Promotions

PSW is more than just stock talk!

 

We know you love coming here for our Stocks & Options education, strategy and trade ideas, and for Phil's daily commentary which you can't live without, but there's more!

PhilStockWorld.com features the most important and most interesting news items from around the web, all day, every day!

News: If you missed it, you can probably find it in our Market News section. We sift through piles of news so you don't have to.   

If you are looking for non-mainstream, provocatively-narrated news and opinion pieces which promise to make you think -- we feature Zero Hedge, ...



more from Promotions



FeedTheBull - Top Stock market and Finance Sites



About Phil:

Philip R. Davis is a founder Phil's Stock World, a stock and options trading site that teaches the art of options trading to newcomers and devises advanced strategies for expert traders...

Learn more About Phil >>


As Seen On:




About Ilene:

Ilene is editor and affiliate program coordinator for PSW. She manages the site market shadows, archives, more. Contact Ilene to learn about our affiliate and content sharing programs.

Market Shadows >>