ELAM: Frothy valuations
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
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?
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
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
“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?
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?
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
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
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?
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...