Opening call

Things seem risk off. Mondays in Europe are odd, because the US sets the tone for markets, but DX is up, commodities are generally down, European equities down quite a bit (ESTX50 down 1.4%). 10 years are up (yields down). This is almost a full house of risk off, although JPY is down a bit, as is CHF. With these two and dollars as all safe haven currencies, one or two are bound to be down, even in the most risk off environments.

Wrap

Covid numbers seem to be relentlessly rising, the US election race is a mess, the vaccine seems to be further away than ever. This seems to result in widespread risk off behaviour. Exceptions seem to be:

APHA — a pot stock. These have been beaten down, but if Biden wins, pot will probably made legal at the federal level. 80% of states already have it as legal.

CCR — coal stock, tiny market cap. Some sort of buyout of the stock by its parent.

NPR — no idea.

SHOP — it’s the next $AMZN, right?

W — it’s lockdown time again, and people are buying garden fireplaces.

ZS — it’s a SAAS stock and it makes a net profit!!

King Kuppy, and the plight of the common man.

Kuppy and the Incredible Hulks

Kuppy has been keen on tankers for a long time.

Wrap

Another strong risk-on day. Trump leaves hospital, Pelosi talks about stimulus packages, the trade deal is on (again?), CL1 jumps 6.2%. All agricultural commodities green, with the exception of corn, which is flat …

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Last Day of Sept 2020

Utilities need EVs to make their business model work

This article explains why without all that spare capacity running (mainly) overnight to charge battery electric vehicles (BEVs), electric utilites are going to really struggle. The article is about California, but it seems to me that where California is now, the …

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Wishful Thinking Just another piker writing in the internet

Other articles

King Kuppy, and the plight of the common man.

Kuppy and the Incredible Hulks

Wrap

Last Day of Sept 2020

Utilities need EVs to make their business model work

Other articles

Kuppy and the Incredible Hulks

Wrap

Utilities need EVs to make their business model work

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