ELAM: Frothy valuations

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It is the end of the Chinese growth miracle and leader Xi seems fine with that. — Wall Street Journal The Magnificent Seven stocks had a...

ELAM: Better news for the Permian Basin

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The entire energy complex is improving in price after lagging the overall stock and commodity markets this year. Previously I suggested Apache (APA) was worth...

ELAM: How does Russia finance its war?

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Meet Etibar Eyyub, oil trader from Azerbaijan who founded Nord Axis in Hong Kong nine days before the Russian invasion of Ukraine. Nord Axis...

ELAM: WTIC on the rise

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West Texas Intermediate Crude peaked last September around $95. Shares of energy companies such as Apache (APA) did so as well poking just above...

ELAM: Irrational exuberance

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“But how do we know when irrational exuberance has unduly escalated asset values, which then become subject to unexpected and prolonged contractions as they...

ELAM: Why the LNG pause?

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Team Biden has announced a ‘pause’ in approving new LNG export facilities. Note that Climate Czar John Kerry has departed that post to join...

ELAM: What could go wrong?

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Technical analysis consists of recognizing patterns on charts of stocks and bonds as well as their indexes. We are at or near a pattern...

ELAM: EVs freeze in their tracks

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Thousands of Electric Vehicle owners in northern states got a reality check amid the ultra cold weather. A fully charged battery that night had...

ELAM: Green energy cools a bit

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Hertz is selling a third of its global electric car fleet, a major reversal after positioning itself as a champion of EV technology. Wall Street...

ELAM: The Magnificent Six?

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The losses have pushed Apple’s market value down to about $2.84 trillion, nearing Microsoft’s $2.75 trillion. Yahoo Finance Apple has lost $164 billion in market capitalization...