Posts Tagged ‘containment’

Nuclear Eruptions and Health Effects

Japan’s Nuclear Volcano Erupts

Courtesy of MIKE WHITNEY

Shares plunged across Europe, Asia and the United States on Tuesday as the crisis at the Fukushima Daiichi nuclear plant deepened and Japan’s Nuclear and Industrial Safety Agency raised its radiological event scale to its highest level. Conditions at the stricken facility have steadily deteriorated despite the valiant efforts of emergency workers.  The station continues to spew lethal amounts of radiation and other toxins into the atmosphere and around the world. A French nuclear group has warned that children and pregnant mothers should protect themselves from the fallout. According to Euractiv:

"The risks associated with iodine-131 contamination in Europe are no longer ‘negligible,’ according to CRIIRAD, a French research body on radioactivity. The NGO is advising pregnant women and infants against ‘risky behavior,’ such as consuming fresh milk or vegetables with large leaves."

The group’s warning underlines the dangers posed by the out-of-control facility which is causing unprecedented damage to earth, sea and sky. But while the disaster continues to grow larger by the day,  the government’s only response has been to expand the evacuation zone and try to shape news to minimize the public backlash.

Emergency crews have braved high levels of radiation to bring the plant back under control, but with little success. A number of violent tremors and a second smaller tsunami have made their jobs nearly impossible. Thousands of gallons of radioactive water that was used as coolant has been flushed into the sea threatening marine life and sensitive habitat. The toxic release of radiation now poses an incalculable risk to the battered fishing industry and to fish-stocks around the world. These costs were never factored in when industry executives and politicians decided to exploit an energy source that can cause cancer, pollute the environment for millennia, and bring the world’s third largest economy to its knees.  

Raising the alert-rating to its highest level is an admission that a “major release of radioactive material with widespread health and environmental effects" has taken place and will likely continue for some time to come. The situation is getting worse by the day. Japan’s government will now insist on the "implementation of planned and extended countermeasures.” In other words, a red alert. The threat to water supplies, food sources, livestock and humans is grave and ongoing. The media’s efforts to protect the nuclear industry by…
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BP Could Have EASILY Contained the Gulf Oil Spill AND the Exxon Valdez Spill … But They Were Too Cheap to Do It

BP Could Have EASILY Contained the Gulf Oil Spill AND the Exxon Valdez Spill … But They Were Too Cheap to Do It

Gulf Oil Spill Begins To Reach Land As BP Struggles To Contain Leak

Courtesy of Washington’s Blog 

In a new expose, award-winning investigative reporter Greg Palast shows that BP was largely responsible for the Exxon Valdez spill:

In 1989, I was a fraud investigator hired to dig into the cause of the Exxon Valdez disaster. Despite Exxon’s name on that boat, I found the party most to blame for the destruction was … British Petroleum (BP).

***

Both in Alaska, when the Exxon Valdez grounded, and in the Gulf last week, when the Deepwater Horizon platform blew, it was British Petroleum that was charged with carrying out the Oil Spill Response Plans (OSRP), which the company itself drafted and filed with the government.

***

What’s so insane, when I look over that sickening slick moving toward the Delta, is that containing spilled oil is really quite simple and easy. And from my investigation, BP has figured out a very low-cost way to prepare for this task: BP lies. BP prevaricates, BP fabricates and BP obfuscates.

That’s because responding to a spill may be easy and simple, but not at all cheap. And BP is cheap. Deadly cheap.

To contain a spill, the main thing you need is a lot of rubber, long skirts of it called a "boom." Quickly surround a spill, leak or burst, then pump it out into skimmers, or disperse it, sink it or burn it. Simple.

But there’s one thing about the rubber skirts: you’ve got to have lots of them at the ready, with crews on standby in helicopters and on containment barges ready to roll. They have to be in place round the clock, all the time, just like a fire department, even when all is


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Phil's Favorites

Holy s*** the yield curve inverted

 

Holy s*** the yield curve inverted

Courtesy of 

Bloomberg:

A closely watched section of the Treasury yield curve on Friday turned negative for the first time since the crisis more than a decade ago, underscoring concern about a possible economic slump and the prospect that the Federal Reserve will have to cut interest rates.

The gap between t...



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Zero Hedge

Pound Rallies As EU Agrees to 2 Week 'Unconditional' Brexit Delay

Courtesy of ZeroHedge. View original post here.

1,002 days have passed since Britons voted to leave the EU in a referendum that, before Donald Trump's electoral triumph, stood as the most strident populist repudiation of the globalist world order.

And after nearly three years of frenzied negotiations, the UK and the EU haven't managed to agree upon a deal. So what difference could another two weeks possibly make?

Well, we're about to find out.

With the Conservative Party in shambles, backbenchers on the brink of rebellion and cabinet members leaking stories about her impe...



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ValueWalk

Mary Barra: GM To Build Chevrolet Bolt EV In U.S. Plants [Full Transcript]

By Jacob Wolinsky. Originally published at ValueWalk.

CNBC Excerpts: General Motors Chairman and CEO Mary Barra Speaks with CNBC’s Phil LeBeau Today

Image source: CNBC Video Screenshot

The following is the unofficial transcript of excerpts from a CNBC interview with General Motors Chairman and CEO Mary Barra and CNBC’s Phil LeBeau today, Friday, March 22nd. The following is a link to video from the interview on CNBC.com:

...



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Kimble Charting Solutions

NYSE Index Suggesting The Top Is In, Says Joe Friday

Courtesy of Chris Kimble.

Is a very broad stock index suggesting that a top is in play? What this index does to close this week should go a long way to answering that question!

This chart looks at the NYSE Index on a weekly basis over the past 4-years. Over the past 15-months, it has created a series of lower highs and lower lows inside of the shaded falling channel. It hit strong support around Christmas at (1) and a counter-trend rally started. The rally now has it testing the top of the falling channel at (2).

Joe Friday Just The Facts Ma’am- The NYSE index could be cre...



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Insider Scoop

10 Biggest Price Target Changes For Friday

Courtesy of Benzinga.

  • Buckingham cut the price target for Trinity Industries Inc (NYSE: TRN) from $32 to $26. Trinity Industries shares closed at $22.96 on Thursday.
  • Canaccord Genuity lowered the price target for Biogen Inc (NASDAQ: BIIB) from $396 to $275. Biogen shares closed at $226.88 on Thursday.
  • H.C. Wainwright cut the price target on Conatus Pharmaceuticals Inc (NASDAQ: CNAT) from $8 to $1.50. Conatus Pharmaceuticals shares closed at $2.91 on Thursday.
  • Wedb...


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Chart School

Silver is cheap vs Gold

Courtesy of Read the Ticker.

Metal investors will be paying attention to how out of favor silver is relative to gold. And it is hard to wonder why with the well forecast boom of electric cars expected over the next 10 years. Who owns all the silver? JM Bullion has a series of charts here. Notice the stock pile held by JPM. They will do will if silver gets to $30 USD an once!

Chart up to April 2017



As of the 20th of March 2019 the US Federal Reserve has switched to dovish...

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Biotech

Marijuana is a lot more than just THC - a pharmacologist looks at the untapped healing compounds

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

 

Marijuana is a lot more than just THC - a pharmacologist looks at the untapped healing compounds

Assorted cannabis bud strains. Roxana Gonzalez/Shutterstock.com

Courtesy of James David Adams, University of Southern California

Medical marijuana is legal in 33 states as of November 2018. Yet the federal government still insists marijuana has no legal u...



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Digital Currencies

Facebook's cryptocurrency: a financial expert breaks it down

 

Facebook's cryptocurrency: a financial expert breaks it down

Grejak/Shutterstock

Courtesy of Alistair Milne, Loughborough University

Facebook is reportedly preparing to launch its own version of Bitcoin, for use in its messaging applications, WhatsApp, Messenger and Instagram. Could this “Facecoin” be the long-awaited breakthrough by a global technology giant into the lucrative market for retail financial services? Or will...



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Members' Corner

Despacito - How to Make Money the Old-Fashioned Way - SLOWLY!

Are you ready to retire?  

For most people, the purpose of investing is to build up enough wealth to allow you to retire.  In general, that's usually enough money to reliably generate a year's worth of your average income, each year into your retirement so that that, plus you Social Security, should be enough to pay your bills without having to draw down on your principle.

Unfortunately, as the last decade has shown us, we can't count on bonds to pay us more than 3% and the average return from the stock market over the past 20 years has been erratic - to say the least - with 4 negative years (2000, 2001, 2002 and 2008) and 14 positives, though mostly in the 10% range on the positives.  A string of losses like we had from 2000-02 could easily wipe out a decades worth of gains.

Still, the stock market has been better over the last 10 (7%) an...



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Mapping The Market

It's Not Capitalism, it's Crony Capitalism

A good start from :

It's Not Capitalism, it's Crony Capitalism

Excerpt:

The threat to America is this: we have abandoned our core philosophy. Our first principle of this nation as a meritocracy, a free-market economy, where competition drives economic decision-making. In its place, we have allowed a malignancy to fester, a virulent pus-filled bastardized form of economics so corrosive in nature, so dangerously pestilent, that it presents an extinction-level threat to America – both the actual nation and the “idea” of America.

This all-encompassing mutant corruption saps men’s souls, crushes opportunities, and destroys economic mobility. Its a Smash & Grab system of ill-gotten re...



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OpTrader

Swing trading portfolio - week of September 11th, 2017

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 ...



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Promotions

Free eBook - "My Top Strategies for 2017"

 

 

Here's a free ebook for you to check out! 

Phil has a chapter in a newly-released eBook that we think you’ll enjoy.

In My Top Strategies for 2017, Phil's chapter is Secret Santa’s Inflation Hedges for 2017.

This chapter isn’t about risk or leverage. Phil present a few smart, practical ideas you can use as a hedge against inflation as well as hedging strategies designed to assist you in staying ahead of the markets.

Some other great content in this free eBook includes:

 

·       How 2017 Will Affect Oil, the US Dollar and the European Union

...

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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...

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