Viewer's Choice

[bbotcs]

LJ: Nadine
Don't know why this storm is such as enigma. Usually when they are this close to the Carribean and Gulf they have a fairly good idea of its path.

[littlejohn]

FSM, acting like gold from colored countries

isn't as good as Canadian gold...

either picked wrong horse or it

could gap up to play catch up...


muted expectations for tropical activity

toward U.S. thru about mid part of

next week on current line of sight...

hard to guess much further out than that...


so we watch...LJ

[littlejohn]

diesel at 3.29 or less now is good for

the fall harvest period...

someone has to use the diesel to

make up for lower trucking activity...

wait for Friday to see what the value

price may be for oil companies...

op-ex Friday's can show case pricing...

so we watch...LJ

[bbotcs]

One more thing, Vern. Unless Isreal bombs Iranian oil fields, it looks like gasoline will be $2.75 a gallon or less just in time for the election. Will wonders ever cease!

[bbotcs]

lj: VTLE, etc.
VTLE is getting to a bottom, imo. I sold the Nov. 15 $22.50 put.
We know something that some investors don't know--those hedge contracts.
Today's drop in oil makes them look even better. However, they are getting less for oil priced at market, but so are other oil companies. I'm almost 100 percent sure that VTLE will hit $30 a share again before the year is out.
PR--I am riding out the storm; the dividend is the reason.
Speaking of storms, I guess U are well aware that there is another potential hurricane that could hit Florida. I haven't read up on this system yet; too early to predict where it will go.
If it goes anywhere near SW Florida, holy hello.
Weather here today and tomorrow is in the 50's with a breeze.

[bbotcs]

lj: Everything is riding on this election, pure and simple. Wish I had bought gold at COSTCO, but it is too late now.

[littlejohn]

Gold,,, Biden sending U.S. troops to Israel

is to bolster the war more before

the elections...

old school politics...

https://www.cnn.com/2024/10/14/middleeast/thaad-missile-interceptors-israel-defense-intl-hnk-ml/index.html

And the warS propagated under Democratic

party leadership for almost 4 years are why the

world economy continues to Contract...

Different countries lower trading with other

countries to retaliate and it creates a

down spiral in economies worldwide...

If Republican control doesn't take over

then there will never be an Audit of how

much of U.S. Weapons Deposits of Billions

of dollars may have been used by Israel...

That is enough incentive to try to sway

elections anyway possible...


so we watch...LJ

[littlejohn]

Economic retreat since Joe crowned bad karma

as nominee without voter approval

has accelerated...

Economy now appears in major retreat...

Dock worker labor bosses probably saw

the dropping cargo shipments coming when

putting those workers back on docks...

Major dive in energy use Across U.S. only

has one PADD disrupted by Milton...

https://www.gasbuddy.com/go/national-average-inches-up-following-oils-rise-demand-craters-after-milton

Around 8% drop in gasoline use is what

is showing in last week's station data...

Only drop in deliveries to gas stations in

Florida would show in One PADD only...


Sold PR late today on those numbers...

FED is no match for weaker economy if

a liberal attorney takes oval office...

Gold is a safe haven and not akey-fakey

betcoin built on pyramid scheme demand...

Money will rotate to Real if chit hits the fan...



so we watch...LJ

[littlejohn]

Current weather pattern is normal...

Hot, dry, drought conditions building over

southeast in September and October...

Caribbean is unsettled with rainy weather...

GFS over predicting strength and development

of storms in Caribbean is normal too...

GFS missed the area of development of

Milton and had it forming in Caribbean...

Milton actually formed from weather in the

far western corner of Gulf of Mexico...

More favorable upper level winds are what

allowed both hurricanes to intensify that

have hit Florida in 2024...

Front stalling above Georgia as the Helene

remnants moved there was terrible luck...

So we watch...LJ

[bbotcs]

lj: I am not into conspiracy theories, especially about weather manipulation, but isn't a third system festering in the same area that gave rise to Helene and Milton?

[bbotcs]

lj: Are we funding Israel or selling them weapons? I can tell U that we aren't selling Zelenskyy anything.

[littlejohn]

Gloom and despair to continue if control is maintained...

didn't say it, do you feel better?...

so we watch...LJ

[littlejohn]

Genocide by Israel recorded for history

is off topic under current leadership...

https://www.commondreams.org/news/media-coverage-of-gaza

Folks suffering after hurricanes in

U.S. should get the funding going to

back genocide by Israel...

every damn dime of it...

so we watch...LJ

[bbotcs]

littlejohn: MSTR should stand for "monster" if you look at the price movement yesterday and especially today. On Wednesday, I sold an out-of-the-money call for chump change--today $225. My thought at the time was that MSTR was overpriced and if it was called at $225, good riddance. Now, I wonder how high bitcoin will go. Don't know that I would risk another far out-of-the-money call. "Far" is relative.
OT: My neighbor was asked by the American Red Cross to do a stint in the hurricane zone.
She could only do a week, and they said "no"! They must not be too desperate for volunteers, or it is not cost-effective to pay for travel and lodgiing for only a week.

[bbotcs]

lj: Don't even say if the Dems take the W.H. and the Senate. Too depressing a thought.

[littlejohn]

U.N. will have to drive Israel from Gaza

with troops if democrats take the

White House and Senate control...

https://www.reuters.com/world/middle-east/un-inquiry-accuses-israel-crime-extermination-destruction-gaza-health-system-2024-10-10/

The pro Jew tactic to keep wars going

is self serving for the democratic party

war machine in control...

That machine is still more powerful than

other forces in U.S. but loses ability to

steer policy with more Republican opposition...

Call the opposition Peep-Eye if it makes

folks feel better about it...


so we watch...LJ

[bbotcs]

MAGA is very anti-war, but I don't the movement could stop Netanyahu. If Trump were President, he would have dropped a big bomb on the place that was housing the terrorist leaders, and that would have been the end of it. One bomb, no war.

[bbotcs]

lj: At least a million people without power. By the end of the day, the misery and destruction will be obvious.

[littlejohn]

Joe and bad karma have more cheap crude

flowing to India from Venezuela now...

Adding to all the cheap crude that

India buys from Russia...

https://oilprice.com/Latest-Energy-News/World-News/Vitol-to-Send-Venezuelan-Crude-Oil-To-Indian-Refiners.html

XOM got a down grade due to excess

production capacity in oil sector despite

all the powers to be rattling sabers...

All the oil sector companies that shut down

oil operations along West coast of Florida

spawned the temporary fuel out highlights

shown by media, And most could be back

on line and delivering again before many

get power back on at homes...


so we watch...LJ

[littlejohn]

netanyu, possible anti-Christ, and his funder

plot on Lebanon anihilation next...

https://www.cnn.com/world/live-news/israel-gaza-lebanon-war-10-10-24/index.html?t=1728537519264

How do Politicians in D.C. justify

to tax payers such blatant funding

to destroy property and kill innocents?...


Republicans need to focus on the real

spending problems going on, even

though many Oldies are in on it...

Escalation will never help!...


so we watch...LJ

[littlejohn]

2.3 million power outages,,,overproduced natural gas

in U.S. will see less demand there

for a few days to produce power...

https://poweroutage.us/

power outages will keep rising all night...

Milton is going into the sunrise and east

into Atlantic...

But it takes a long time for a storm as

big as Milton became to wind down...

And the extra powerful back side of Milton

due to interacting with the low and jet stream

is now showing that ugly side to...

Rainfall flooding has mind boggling numbers...

Milton, #13 of season, is proving unlucky...

so we watch...LJ

[littlejohn]

Now way in hell interest rates drop

with rebuilding needed in six

states in U.S. now...

Hope you didn't forget that Texas was

barreled over earlier in summer...

Voting is controlled by the State, yes it

can be extended anywhere needed...

Cancel funding to Israel now that is going

to destroy other countries and fund the

rebuilding in U.S. States...

That puts the Democratic War Party with

backs against the wall...


so we watch...LJ

[bbotcs]

lj: I think it would take an Act of Congress to extend voting beyond Election Day.
This storm could change the election.

[littlejohn]

Actually voting can be extended if the

tragedy of Milton impails enough

of the voting options...

up to 1/4 of Florida subject to potential

of mass devastation will be a qualifying

event for a voter extension period...

peon theory, so wait for the powers to

be to release that info after a reasonable

amount of hand wringing time is allowed...


Tax filing will also be extended for many

states affected by the hurricanes...

so we watch...LJ

[bbotcs]

LJ: The liberal media are turning on her. In the 60 Minutes interview, the CBS host skewered Bad Karmala. They put her on the grill. IMO, she is done. The big money Dems want Trump to win. So, he WILL win.
However, I still wonder what is going to happen in Florida. There are 1M more registered Republicans than Democrats. A lot of people won't be voting due to Milton; most of them might be Republicans. The last thing people affected by Milton will care about is voting.

[littlejohn]

Dem party has wars to fund, not relief...

or the FEMA funding would have

been adjusted earlier in year with

the higher hurricane storm forecast...

Too late to show up when the storm

starts coming after it hits...

It takes many months to plan and pre

build assets for storm relief...

wrong party with wrong priorities with

so many storms hitting...


calling bullchit on bad karma not knowing

that putin wouldn't be in Ukraine if Mr.

Trump had been in office,,,big lie on

campaign trail from Karmalor now...

so we watch...LJ

[bbotcs]

lj: If it is true that FEMA is not up to job in North Carolina, what is going to happen after Florida? So-called House Republican "leader" Mike Johnson allegedly said, when asked about Congress coming back to allocate funds for storm relief, that it can wait until after the election. I read the headline, not the story, so his statement might be out of context.

[bbotcs]

lj: Let's hope the loss of life is minimal. What we still don't know is what will happen when it hits the Atlantic.

[littlejohn]

Punks pumping oil price...big API oil build

of inventory this evening after effects

from Helene are slowing things...

North Carolina had school systems

wiped out with other industry...

And Milton will slow some things

more until the event has time for

folks to get over it...

Punks pumping up oil price tonight are

new to see in this set up...

Opposite of what normally happens...


so we watch...LJ

[littlejohn]

25 ft surge?...Milton may be like the

dinosaur extinction event for folks in

Florida that get hit by the eye of Milton

and points up to 100 miles south of

the track along coastline...

Weather is Local...

Central Florida will see vast areas of

new swampy land created until the

surge levels go back down...

Some may have nothing to come

back to after the storm...

Tech era warnings are going to save

many folks that evacuate...

Katrina dropped to cat 3 and produced

20 foot storm surge after being a cat 5

storm, is the modern reference for Big,

storm surge potential from Milton...

Current storm surge numbers may be

too low at this time...

some NHC links to review...

https://www.nhc.noaa.gov/refresh/graphics_at4+shtml/212734.shtml?peakSurge#contents

https://www.nhc.noaa.gov/text/refresh/MIATCPAT4+shtml/082359.shtml?

https://www.nhc.noaa.gov/text/refresh/MIATCDAT4+shtml/082054.shtml?

https://www.nhc.noaa.gov/graphics_at4.shtml?start#contents

Key dig from latest Discussion...Back

side strength of storm may be higher

than normal after the storm starts interacting

with Low trough that is expected to help

lower the landfall intensity...

After the eye passes the next round coming

may be stronger than normal...layman's terms...

Milton, #13 of season, has exceeded the

expectations to this time...


so we watch...LJ

[bbotcs]

lj: Milton won't be anything Florida hasn't experienced in the past. It will hit at 2:00 a.m. Thursday as a CAT 3, then diminish. That is not to say that the storm surge on the West Coast of Florida won't be terrible. It is going to hit below Tampa, at Brandenton, I believe.
The heaviest rain will be on the north side of the storm. Orlando will be shut down.

[littlejohn]

SMCI had local, natives buying on Monday

also because of weekend headlines...

https://sfyimby.com/2024/10/super-micro-computer-submits-plans-for-550-east-brokaw-road-san-jose.html

Those type buyers will hold more...

Had to save it for the back testing...

so we watch...LJ

[bbotcs]

lj: Yep, Milton is going to fly over the orange orchards of Central Florida.

[bbotcs]

lj: No time to read it today. Have to do drive-by stock watching. Outside most of the day.

[bbotcs]

lj: Agree, but DeSantis is going to have a Herculean task to get polling places and mail-in balloting up and running. This could throw the election to the Democrats. Hopefully DeSantis had mail-in ballots moved to Tallahassee. There are lots of Democrats in Dade County, which will not suffer a high impact from the storm. I feel sorry for Sarasota on down. The storm could make landfall south of Tampa.
NVDA and AAPL and MSFT up today.
VLO is down. Sold this Friday's $132 put.

[littlejohn]

A lot of profit taking in gold stocks

on Monday may have rolled into

orange juice futures...

like, like, orange juice isn't already

high enough...

rate drops seem low probability now...

so we watch...LJ

[littlejohn]

Florida will need power and running water

in many, many, many places before

folks worry about any voting...

Basics of like outweigh politics...

Market on Monday looked like market

makers had it propped up so that

insurance companies could sell and

raise money...

Milton blow up over weekend came fast

and unexpected to even veteran watchers...

Milton is projected to go to hell out

in the Atlantic on East track...

so we watch...LJ