11.22.2017

Bull Market Apogee Predicted - 2,863





Bank of America sees end of bull market coming in 2018

Excerpt:

Here's how it will happen:
  • Bank of America Merrill Lynch predicts "capitulation" for the bull market in 2018, with the S&P 500 peaking at 2,863.
  • Strategist Michael Hartnett said the firm is prepared to "downgrade risk aggressively" once it sees the triggers in place.
  • A shift from passive to active in investor allocations would be one of the signs that the rally is about over.

Comment: Sounds plausible. 2,863 is 10% above today's level. Chart top is from the data below.



   Milestone     Date Achieved 
1,6145/3/13
1,7078/1/13
1,805 11/22/13
1,901 5/23/14
2,000 8/26/14
2,100 2/17/15
2,203 11/22/16
2,308 2/9/17
2,402 5/15/17
2,500 9/15/17
2,594 11/22/17
2,863 8/15/18 (??)

Unitarianism: "But there’s nothing in there"



Unitarian Humour

Lisa: “What flavours do you have?”

Rev. Lovejoy: “Well, chocolate, vanilla, strawberry, and our new Unitarian flavour ice cream.”

Lisa: “I’ll have that” (Rev hands her an empty bowl)

Lisa: “But there’s nothing in there.”

Rev: “Eeeexactly.”
Comment: Yet some people love it

Tesla's ca$h burn rate




Tesla’s Burning Through Nearly Half a Million Dollars Every Hour

Excerpt:

Over the past 12 months, the electric-car maker has been burning money at a clip of about $8,000 a minute (or $480,000 an hour), Bloomberg data show. At this pace, the company is on track to exhaust its current cash pile on Monday, Aug. 6. (At 2:17 a.m. New York time, if you really want to be precise.)

To be fair, few Tesla watchers expect the cash burn to continue at quite such a breakneck pace, and the company itself says it’s ramping up output of its all-important Model 3, which will bring money in the door. Investors don’t seem concerned. Tesla shares rose almost 3 percent to $317.81 Tuesday, giving it a market capitalization of $53 billion. Ford Motor Co. is worth $48 billion.
Comment: See Electric Cars the Future? Not so Fast!
If electric cars are ever to displace gasoline engines without government putting its thumb on the scale, they must not only keep innovating but outrun fossil fuels where productivity also keeps advancing.

Electric cars have come a long way. They are no longer ugly, impossibly expensive and impractical, thanks to technological advances that have slashed battery storage from $1,000 per kilowatt-hour in 2010 to $273 per kwh last year, according to Bloomberg New Energy Finance.

Nonetheless, that means a 75 kwh battery (about what you need for 250 miles of range) still adds about $20,000 to a car’s cost. So how do the cars sell? Public largess helps a lot.

The federal government offers a tax credit of up to $7,500 each for the first 200,000 electric or plug-in hybrid cars a manufacturer sells. Throw in state tax credits, subsidies for recharging infrastructure, relief from gasoline taxes, preferential lanes and parking spots and government fleet purchases, and taxpayers help pay for every electric car on the road.

What happens when the credits go away? When Hong Kong slashed a tax break worth roughly $55,000 for a Tesla in April, its sales ground to a halt. In Georgia, electric vehicle sales plummeted 80% the month after a $5,000 tax credit was repealed.


11.16.2017

You might be a One Percenter



Are You in the Top One Percent of the World?

Excerpt:

Ranking by Income

According to the Global Rich List, a website that brings awareness to worldwide income disparities, an income of $32,400 a year will allow you to make the cut. $32,400 amounts to roughly:
  • 30,250 Euros
  • 2 million Indian rupees, or
  • 223,000 Chinese yuan
So if you’re an accountant, a registered nurse or even an elementary school teacher, congratulations. The average wage for any of these careers falls well within the top 1% worldwide.

Ranking by Wealth

The threshold is significantly higher if you look at the top percentile by wealth instead of income. To reach that status, you’d have to possess $770,000 in net worth, which includes everything from the equity in your home to the value of your investments. That’s equal to roughly:
  • 720,000 Euros
  • 49.8 million Indian rupees or
  • 5.3 million Chinese yuan
Comment: This surprised me

11.09.2017

39 Radiation Treatments


Beginning a week from today, the 39 radiation treatments will commence: Weekdays only with 3 holidays off. 

I had the targeting CAT scan today. They molded a custom form for my feet and legs and I have three "dot" tattoos at my hip level that the machine can triangulate on for targeting. 

It all starts next week at Methodist Hospital in Saint Louis Park. Each radiation treatment is just about 15 minutes, but I have travel, checkin, dressing down etc., so I think each day may be about 2 hours. 

Kathee will go with me with the exception of two days a week when she babysits our grandkids. Thanks for your prayers for me. 

If all goes well, blood work in late January will show the cancer to be in remission. 

I hope to keep a normal schedule but the doctor tells me I may be extra tired. 

I am going to try to witness to one person everyday. Today I gave a gospel of John to a receptionist. So perhaps pray that God would enable this opportunity as well. 


Date
Day
Time
16-Nov
Thursday
Completed
17-Nov
Friday
Completed
20-Nov
Monday
Completed
21-Nov
Tuesday
Completed
22-Nov
Wednesdayy
Completed
23-Nov
Thursday
Thanksgiving
24-Nov
Friday
5:15pm
27-Nov
Monday
5:30pm
28-Nov
Tuesday
2:00pm
29-Nov
Wednesdayy
7:45am
30-Nov
Thursday
7:45am
1-Dec
Friday
7:45am
4-Dec
Monday
7:45am
5-Dec
Tuesday
7:45am
6-Dec
Wednesdayy
7:45am
7-Dec
Thursday
7:45am
8-Dec
Friday
7:45am
11-Dec
Monday
7:45am
12-Dec
Tuesday
7:45am
13-Dec
Wednesdayy
7:45am
14-Dec
Thursday
7:45am
15-Dec
Friday
7:45am
18-Dec
Monday
7:45am
19-Dec
Tuesday
7:45am
20-Dec
Wednesdayy
7:45am
21-Dec
Thursday
7:45am
22-Dec
Friday
7:45am
25-Dec
Monday
Christmas
26-Dec
Tuesday
7:45am
27-Dec
Wednesdayy
7:45am
28-Dec
Thursday
7:45am
29-Dec
Friday
7:45am
1-Jan
Monday
New Years
2-Jan
Tuesday
7:45am
3-Jan
Wednesdayy
7:45am
4-Jan
Thursday
7:45am
5-Jan
Friday
7:45am
8-Jan
Monday
7:45am
9-Jan
Tuesday
7:45am
10-Jan
Wednesdayy
7:45am
11-Jan
Thursday
7:45am
12-Jan
Friday
7:45am

The delivery device is a Varian TrueBeam


10.31.2017

Proof that the Reformation still matters

Comment: Not a fake Tweet: Related: Ten doctrines which render Rome outside of Christ

10.27.2017

Understanding Fraud Alerts, Credit Freezes, & Credit Locks






What’s the Difference Between a Fraud Alert, Credit Freeze, & Credit Lock?

The addresses:

Equifax
P.O. Box 740241
Atlanta, GA 30374
www.equifax.com
888-766-0008





Experian
P.O. Box 9554
Allen, TX 75013
www.experian.com
888-397-3742


TransUnion
PO BOX 2000
Chester PA 19016
www.transunion.com
800-680-7289