Mostly Foggy Recollection said:
CLOV up 6% after hours
I love this chart. Barring a massive macro dump, she's primed.BREwmaster said:
am I doing this right? XL stuck in a boxed range, these are 1 hour candles. I'm selling puts on it, but a semi nervous bag holder at present. 20 looks like a solid floor and 22.60 roughly is the lid on it. Obviously if the markets pull back early next week, we find out how good 20 support is.
McInnis 03 said:Mostly Foggy Recollection said:
CLOV up 6% after hours
Chamath bought 10MM shares.
wow, yeah that is a no brainer. You can't have my shares! I'm selling 22.50P's against shares in an IRA, just needs to rocket in the next 4 weeks and I'm gravy.oldarmy1 said:
I'd sell my children to get assigned XL at $17.50 with a $5.40 premium earned. $12.10 assigned. Fill me up!
I think if the markets hold...$30,000 Millionaire said:
I wonder what this is going to do next week
third coast.. said:Ferris Wheel Allstar said:Reuters) - The co-founder of U.S. LNG developer Tellurian said Thursday that the company is targeting this summer to begin construction of its $16.8 billion Driftwood LNG export project in Louisiana as demand for the super-cooled fuel surges worldwide.cgh1999 said:gougler08 said:
TELL going nuts
Just came to post this. Have about 10,000 shares net free. This isn't an unwelcome move.
"I hope that we will be in construction this summer," said Charif Souki, co-founder and executive chairman of Tellurian. "There is a strong need for additional liquefaction capacity and we're probably the project that is the closest to starting construction."
Demand for liquefied natural gas has soared in recent years as countries like China and India shift power generation away from dirtier coal-fired plants. In recent weeks, both prices for the fuel and shipping fees have soared due to cold weather in Asia and bottlenecked shipments at the Panama Canal.
"The level of (customer) interest has increased pretty dramatically over the past month," Souki said.
Over the past two years, numerous projects slated for groundbreaking in North America, including Driftwood, were delayed because customers were unwilling to sign long-term deals needed to finance the projects as natural gas prices slumped.
Coronavirus demand destruction caused gas prices in Europe and Asia to plunge to record lows below $2 per million British thermal units (mmBtu), while U.S. gas prices fell to their lowest in 24 years last year.
"The system is stressed," Souki said, adding that global LNG demand is on track to increase by around 200 million tonnes over the next seven years. In 2020, global LNG demand hit a record high of 360 million tonnes.
The first phase of Driftwood is slated for operation in 2025, and will produce about 16.5 million tonnes per annum of LNG, equivalent to about 2.2 billion cubic feet per day of natural gas. One billion cubic feet of gas is enough to supply about five million homes for a day.
Wow. This is great. I posted a while back that the LNG boom was most likely going to be driving a career change for me and I got an out of the blue email the other day relating to that career change and this announcement REALLY puts it in to perspective.
I also mentioned that there are tentative plans for more than this one facility to be opened up on the river here as well.
Meant to lend a hand earlier but forgot to come back to this. What can we help with on it?CastleRock said:CastleRock said:
Like a money banging on typewriter keys. Watched the Model T/Fib video linked on Page 1. Am I doing it right?
Seems too easy to identify a high and low point and then say, it's gonna definitely gonna go back up and won't fall below 50%. Surely that can't hold for even a majority of stocks across any time period.
Model T gurus, school me
I'm not at my PC but on an iPad and found 2 clear examples that will help. Look at page 2777. Wanderer posted one and I posed one. His is from a rise to back down so you can see where it may hold.CastleRock said:
Very basic question. How to identify?
Surely i can't just pick any chart and assume Model T will hold? I drew one on the chart above. I can't tell if it's blurry, but it's right at 50% right now.
I just picked a 10d chart and tried to identify the 50%.
Also it can apply on any time frame. Intraday, few day period, week, month, etc. Model Ts happen all the time and are very common. I think easiest setup to identify. Many times you can see them multiple times on any given chart over a period of a week or so.CastleRock said:
Very basic question. How to identify?
Surely i can't just pick any chart and assume Model T will hold? I drew one on the chart above. I can't tell if it's blurry, but it's right at 50% right now.
I just picked a 10d chart and tried to identify the 50%.