Posts Tagged ‘shoreline’

Catastrophe in the Gulf: How Bad Could It Get?

Catastrophe in the Gulf: How Bad Could It Get?

By Bryan Walsh, courtesy of TIME

 

Peter van Agtmael / Magnum for TIME

When Captain James Peters kicks his three engines into high gear, hold on to your hat — and your body too, if you don’t want to end up overboard in the Mississippi Delta. Ordinarily on a clear June day like this one, Peters would be taking out a pack of eager sport fishermen from his home port in the southeastern Louisiana town of Venice, a community that proudly bills itself as the fishing capital of the world. But since the Deepwater Horizon oil rig exploded on April 20 — triggering a spill that is bleeding hundreds of thousands of gallons of oil a day into the Gulf of Mexico — there hasn’t been a whole lot of fishing in Louisiana. So instead, Peters has been escorting scientists and environmentalists like Maura Wood, the program manager for the National Wildlife Federation’s Louisiana coastal program, to see the oil and its effects on the wetlands firsthand.

As the boat roars out of the marshes and into the open water southwest of Venice, Wood and her colleagues pass the oil and gas platforms scattered just beyond the Mississippi Delta, oddly birdlike with their long steel legs and tightly nestled mechanical bodies elevated above the water. It takes a while, but 16 miles (26 km) into the Gulf, Wood finds what she’s looking for: a long band of reddish oil, thick enough to muffle the wake of Peters’ boat. Up close, the petroleum — refracting the punishing Gulf sunlight — looks like a malignant lesion on the skin of the water. Wood puts on a respirator to protect herself from the fumes and drops a hand into the muck. It emerges with brown, sludgy crude clinging to the blue latex of her glove. "You can see how it adheres and what that…
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Phil's Favorites

Corporate debt is in serious trouble - here's what it means if the market collapses

 

Corporate debt is in serious trouble – here's what it means if the market collapses

Stand well back. Oatawa

Jefferson Frank, Royal Holloway

Markets abhor uncertainty. The coronavirus pandemic is a severe supply shock that will substantially reduce the world’s economic output, and there will potentially be several waves as the contagion returns in the autumn or spring 2021.

Many governments are trying to form a b...



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Zero Hedge

"They've Left Me High And Dry": Here Is The Real Reason Companies Have Drawn Down A Record $293 Billion In Revolvers

Courtesy of ZeroHedge View original post here.

One week ago, we reported that starting exactly one month ago on March 5, an unprecedented wave of corporate revolver draws was unleashed, resulting in what JPMorgan calculated was a record $208BN in revolving credit facilities being fully drawn (for the full list of companies see ...



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Biotech/COVID-19

Democratic governors are quicker in responding to the coronavirus than Republicans

 

Democratic governors are quicker in responding to the coronavirus than Republicans

Florida Republican Gov. Ron DeSantis, who did not issue a stay-at-home order for his state until April 1, 2020. Joe Raedle/Getty Images

Luke Fowler, Boise State University; Jaclyn Kettler, Boise State University, and ...



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ValueWalk

AZO and ORLY: Which one is a better buy?

By Marek Mscichowski. Originally published at ValueWalk.

AutoZone, Inc. (NYSE:AZO) and O’Reilly Automotive Inc (NASDAQ:ORLY): Both auto parts retailers are uncorrelated to S&P 500, but which one is a better buy?

By Price Earnings Ratio Tracker Team

Q4 2019 hedge fund letters, conferences and more

Over recent months I have created valuation models for the two main competitors in the auto parts retail business – AutoZone, the leader on the coasts with a $26 billion market ca...



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Kimble Charting Solutions

S&P Repeating 2000 & 2007 Patterns Almost Exactly?

Courtesy of Chris Kimble

Does History Repeat? Is does rhyme sometimes!!!

This chart looks at the S&P 500 on a weekly basis over the past 20-years.

The S&P declined by 50% during the 2000-2003 bear market. On the week of 3/23/2001, it experienced its first counter-trend rally, which lasted 8-weeks, before the bear market resumed.

The S&P declined by 50% during the 2007-2009 bear market. On the week of 3/21/2001, it experienced its first counter-trend rally, which lasted 8-weeks, before the bear ...



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Insider Scoop

Economic Data Scheduled For Friday

Courtesy of Benzinga

  • Data on nonfarm payrolls and unemployment rate for March will be released at 8:30 a.m. ET.
  • US Services Purchasing Managers' Index for March is scheduled for release at 9:45 a.m. ET.
  • The ISM's non-manufacturing index for March will be released at 10:00 a.m. ET.
  • The Baker Hughes North American rig count report for the latest week is scheduled for release at 1:00 p.m. ET.
...

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The Technical Traders

Founder of TradersWorld Magazine Issued Special Report for Free

Courtesy of Technical Traders

Larry Jacobs owner and editor of TradersWorld magazine published a free special report with his top article and market forecast to his readers yesterday.

What is really exciting is that this forecast for all assets has played out exactly as expected from the stock market crash within his time window to the gold rally, and sharp sell-off. These forecasts have just gotten started the recent moves were only the first part of his price forecasts.

There is only one article in this special supplement, click on the image or link below to download and read it today!

...

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Chart School

Big moving Averages and macro investment decisions

Courtesy of Read the Ticker

When price is falling every one wonders where demand will come in.


RTT black screen Tv videos study the simplest measure of price (simple moving average). What has happen before guides us now. 














Changes in the world is the source of all market moves, to catch and ride the change we believe a combination of Gann Angles, ...

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Members' Corner

10 ways to spot online misinformation

 

10 ways to spot online misinformation

When you share information online, do it responsibly. Sitthiphong/Getty Images

Courtesy of H. Colleen Sinclair, Mississippi State University

Propagandists are already working to sow disinformation and social discord in the run-up to the November elections.

Many of their efforts have focused on social media, where people’s limited attention spans push them to ...



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Digital Currencies

While coronavirus rages, bitcoin has made a leap towards the mainstream

 

While coronavirus rages, bitcoin has made a leap towards the mainstream

Get used to it. Anastasiia Bakai

Courtesy of Iwa Salami, University of East London

Anyone holding bitcoin would have watched the market with alarm in recent weeks. The virtual currency, whose price other cryptocurrencies like ethereum and litecoin largely follow, plummeted from more than US$10,000 (£8,206) in mid-February to briefly below US$4,000 on March 13. Despite recovering to the mid-US$6,000s at the time of writin...



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Promotions

Free, Live Webinar on Stocks, Options and Trading Strategies

TODAY's LIVE webinar on stocks, options and trading strategy is open to all!

Feb. 26, 1pm EST

Click HERE to join the PSW weekly webinar at 1 pm EST.

Phil will discuss positions, COVID-19, market volatility -- the selloff -- and more! 

This week, we also have a special presentation from Mike Anton of TradeExchange.com. It's a new service that we're excited to be a part of! 

Mike will show off the TradeExchange's new platform which you can try for free.  

...

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Lee's Free Thinking

Why Blaming the Repo Market is Like Blaming the Australian Bush Fires

 

Why Blaming the Repo Market is Like Blaming the Australian Bush Fires

Courtesy of  

The repo market problem isn’t the problem. It’s a sideshow, a diversion, and a joke. It’s a symptom of the problem.

Today, I got a note from Liquidity Trader subscriber David, a professional investor, and it got me to thinking. Here’s what David wrote:

Lee,

The ‘experts’ I hear from keep saying that once 300B more in reserves have ...



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Mapping The Market

How IPOs Are Priced

Via Jean Luc 

Funny but probably true:

...

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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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