Posts Tagged ‘dead fish’

Dead Fish Are Washing Up Everywhere . . . Is It Due to BP Oil Spill and Dispersants?

Dead Fish Are Washing Up Everywhere . . . Is It Due to BP Oil Spill and Dispersants?

Carl Pellegrin (left) of the Louisiana Department of Wildlife and Fisheries and Tim Kimmel of the U.S. Fish and Wildlife Service prepare to net an oiled pelican in Barataria Bay, La., Saturday, June 5, 2010. The pelican was successfully netted and transported to a facility on Grand Isle, Louisiana., for stabilization before being taken to Fort Jackson Oiled Wildlife Rehabilitation Center in Venice, La., for cleaning. State and federal wildlife agencies are cooperating across the Gulf Coast to rescue wildlife affected by the Deepwater Horizon oil spill.  UPI/John Miller/U.S. Coast Guard Photo via Newscom

Courtesy of Washington’s Blog

Dead fish are washing up everywhere.

For example, numerous dead fish washed ashore in Massachusetts a couple of days ago:
 

Dead fish had washed up in New Jersey yesterday.

Hundreds of thousands of dead fish washed up today in New Jersey, and even the birds wouldn’t eat them:

(The second report in this video compilation – referring to a ripped fishing net – is actually from Virginia, some 210 miles from the scene of the first report in New Jersey. The size of the Virginia fish incident was much smaller than the one in New Jersey.)

And they have washed up in Mississippi as well.

Scientists attribute the dead fish to low oxygen levels in the Gulf of Mexico.

Indeed, scientists have been warning about this for months. For example, on May 16th, the New York Times wrote:

Scientists are finding enormous oil plumes in the deep waters of the Gulf of Mexico, including one as large as 10 miles long, 3 miles wide and 300 feet thick in spots. The discovery is fresh evidence that the leak from the broken undersea well could be substantially worse than estimates that the government and BP have given.

“There’s a shocking amount of oil in the deep water, relative to what you see in the surface water,” said Samantha Joye, a researcher at the University of Georgia who is involved in one of the first scientific missions to gather details about what is happening in the gulf. “There’s a tremendous amount of oil in multiple layers, three or four or five layers deep in the water column.”

The plumes are depleting the oxygen dissolved in the gulf, worrying scientists, who fear that the oxygen level could eventually fall so low as to kill off much of the sea life near the plumes.

As I pointed out in June, the high methane content in the BP crude also depletes oxygen:

As CBS notes:

The oil emanating from the seafloor contains about 40 percent methane, compared with about 5 percent found in typical oil deposits, said John Kessler, a Texas A&M University oceanographer who is studying


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Phil's Favorites

The next cold war? US-China trade war risks something worse

 

The next cold war? US-China trade war risks something worse

There’s a chill in the air these days. AP Photo/Andy Wong

Courtesy of Charles Hankla, Georgia State University

President Donald Trump is making good on his pledge to escalate the trade war with China by imposing tariffs on US$200 billion of Chinese goods. The Chinese government, for its part, is already retaliating with new taxes on $60 billion of American imports. ...



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Zero Hedge

The Real Wave Is Red : Republican Sentiment Soars To Record High

Courtesy of ZeroHedge. View original post here.

With stocks at record highs and President Trump gloating at the "record strength" of the US economy, it appears confidence is coming back as sentiment among Republicans reached an all-time record high in the latest Bloomberg Consumer Comfort Index.

That's quite a red wave...

...



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Kimble Charting Solutions

Lumber prices fall 45% this year, sending macro message?

Courtesy of Chris Kimble

CLICK ON CHART TO ENLARGE

 Home and Lumber prices can send important messages to how the economy is doing. The chart above looks at Lumber prices over the past 11-years.

So far this year, Lumber and the DJ Home Construction index is diverging against the broad market. This chart highlights that Lumber is now down over 40% from its peak earlier this year.

Below compares the performance of the S&P to the DJ Home Construction index this year-

...



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Insider Scoop

Buybacks On The Rise, But Buyback ETFs Are Lagging

Courtesy of Benzinga.

Related PKW Buybacks Are Falling, But The Buyback ETF Is Rising Gaining Insight With A Buyback ETF Related ...

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

ValueWalk

The U.S. trade deficit with China is a dangerous scorecard as the mainland remains an unlikely source of U.S. profits

By Joe Quinlan. Originally published at ValueWalk.

With the United States and China at loggerheads over trade, investors should be aware of the many economic ties binding the two countries. Bank of America, U.S. Trust has released a new report that explores some of the finer points of U.S.-Sino relations and the strategic, but little understood, competitive advantages for corporate America.

The seven factors described below underscore the dynamism and competitiveness of U.S. companies and may help explain the resilience of U.S. large cap stocks despite ratcheting trade tensions between the U.S. and China.

Q2 hedge fund letters, conference, scoops etc

U.S.-China Checklist: Understanding Some...

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Chart School

Bitcoin Update - Bullish pressure present

Courtesy of Read the Ticker.

If Venezuela or Argentina conducted business in bitcoin then their savings and wealth would be a lot better off. Yes Bitcoin and Litecoin have been volatile over the last few years,  but nothing like Bolivar (Venezuela) or the Peso (Argentina). 

You say they could use the US dollar, yes maybe so, but those who use the US dollar have to the yield to the US Federal Reserve where as bitcoin is decentralized and those who use it yield to no one.

In the next 12 to 18 months the lightning network and atomic swaps logic will forge Bitcoin and Litecoin together as the go to crypto decentralized currency. Of course massive risk, so the investor should be warned you can lose all your funds.  

Time to review the demand ...

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Members' Corner

Why obvious lies still make good propaganda

 

This is very good; it's about "firehosing", a type of propaganda, and how it works.

Why obvious lies still make good propaganda

A 2016 report described Russian propaganda as:
• high in volume
• rapid, continuous and repetitive
• having no commitment to objective reality
• lacking consistency

...

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Digital Currencies

Mania to Mania

 

Mania to Mania

Courtesy of 

“Russell rarely played the stock market and had little investing experience when he put around $120,000 into bitcoin in November 2017.”

This comes from a CNN money article, Bitcoin crash: This man lost his savings when cryptocurrencies plunged. From January 2017 through the peak in early 2018, Ethereum gained 16,915%.

Any time you have something go vertical, you just know that some peopl...



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Biotech

Gene-editing technique CRISPR identifies dangerous breast cancer mutations

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

 

Gene-editing technique CRISPR identifies dangerous breast cancer mutations

Breast cancer type 1 (BRCA1) is a human tumor suppressor gene, found in all humans. Its protein, also called by the synonym BRCA1, is responsible for repairing DNA. ibreakstock/Shutterstock.com

By Jay Shendure, University of Washington; Greg Findlay, ...



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Mapping The Market

Mistakes were Made. (And, Yes, by Me.)

Via Jean-Luc:

Famed investor reflecting on his mistakes:

Mistakes were Made. (And, Yes, by Me.)

One that stands out for me:

Instead of focusing on how value factors in general did in identifying attractive stocks, I rushed to proclaim price-to-sales the winner. That was, until it wasn’t. I guess there’s a reason for the proclamation “The king is dead, long live the king” when a monarchy changes hands. As we continued to update the book, price-to-sales was no longer the “best” single value factor, replaced by others, depending upon the time frames examined. I had also become a lot more sophisticated in my analysis—thanks to criticism of my earlier work—and realized that everything, including factors, moves in and out of favor, depending upon the market environment. I also realized...



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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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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...

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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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