Weekly thought

Anyone think this summer heat wave is a bit unusual?

Yeah, I feel the burn on the skin when exposed to direct sunlight… it’s like we are heading toward the sun!

No, I’m not talking about the stock market this week ’cause my main account is still being transferred and I expect another week or so before it is finalized; meanwhile, I only did a few swing trades with my trading accounts so nothing fancy there.

Meanwhile I’m shocked at our current climate change and is even more flabbergasted to find out that a large part of our coral ecosystem around the world has been dying off rather quickly in recent years.  Thanks to the documentary show Netflix’s Chasing Coral, I realized this unusual summer heat is no random aberration and may persist for years to come until we eliminate much of the carbon dioxide emissions that hovered above the blue sky acting as a reflecting shield bouncing the heat wave back to the earth and the ocean.  As a result, the ocean is warming up to the point that it is killing off the coral ecosystem around the world.  From what I learned from Chasing Coral, the vibrantly colorful coral will start to turn to a uniformly white color (due to a bleaching process) before dying.  In a nutshell, the dying off of the coral ecosystem is an irrefutable proof that global warming is not some EPA (Environmental Protection Agency) fantasy story to scare the public.  It is real and we will be a fool to turn a blind eyes to it.

If we are to survive, technologies must be utilized to replace the old tech that caused carbon dioxide emissions. Obviously, that will mean looking again at alternative energy as another form of investment with a more substantial growth potential.  Time is of essence and I like to think that Chasing Coral is my personal catalyst to start investigating the next best alternative energy to invest in.  Giving that I’m still waiting for my main account to become available, I’ll be using the time to do some researches.

Due to no trade, YTD performance remains the same.

Current positions:

Main port (no margin): No position 100% cash (up 25% YTD)

Trading port (with margin): MENXF IBIO

My 2 cents

From my camera:

058

I’m not sure if it is coincidence but I’ve an all white grass/weed that grow on my backyard which reminded me of the whiting of the coral before dying.  Below is a picture of it.  Now, it could be a disease that caused the grass/weed to turn white or it could be the same reaction to the heat that caused the coral to turn white.010

 

 



Categories: Daily trading Journal, trading journal

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2 replies

  1. Intelligent and timely post. Im reminded of all the years when we were reassured by the tobacco industry and their slimy paid politicians that there was no proof that smoking causes cancer……how many had to die horrible deaths before they finally owned up to what they had long known? How on earth can Trump deny carbon emissions at least contribute to global warming. We are in a battle for our own existence and the clock is ticking.

    • Thanks for the comment and I think the human race is moving, albeit a bit too slow, to address this major global warming issue. While I’m a bit late in understanding the dire consequence of global warming, I’m glad technologies are already moving along to reduce emissions output. Yet the pace of adoption of new technologies is like watching the movement of snail. Perhaps, one day, out of the blue, the demand for alternative energy will skyrocket. So, I think it is time to keep an eyes on companies that are knee deep in this sector.

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