Must read: the facts behind Saudi Arabia's outrageous oil claims. Link to Simon Watkins. Archived.
ISO NE: link here.
- comfortable autumn morning; no weather
- electricity prices spike over $130 / MWh at 5:00 - 6:00 a.m.
- currently running about $75 / MWh
- mix:
- natural gas: 75%
- nuclear: 12%
- "N" total: 87% -- nothing else matters
- expensive hydro being "called in" to back up renewables
- expensive hydro about mating renewables: 6% vs 8%
Market:
- CNBC: Morgan Stanley crushing it
- bank earnings incredible
- this probably explains the Dow action this morning
- that, along, with folks returning to work
Nine dividend stocks to buy and hold forever: US News --
- JPMorgan
- JNJ
- Procter & Gamble
- Coca-Cola
- Verizon
- Cisco
- McDonald's
- Pfizer
- Intel
- comment: to get my interest, current dividends need to be increased significantly
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