Oh well , Nas futures were down 8.5 when I posted and now up 3 I guess no profit taking today, Intc save the day
have more room to head north, so markets may open red but will most likely turn green although after yesterdays huge rally we could have some profit taking, the trend is still NORTH
Tesla just won a bid to supply grid-scale power in Southern California to help prevent electricity shortages following the biggest natural gas leak in U.S. history. The Powerpacks, worth tens of millions of dollars, will be operational in record time—by the end of this year.
Tesla Motors Inc. will supply 20 megawatts (80 mWh) of energy storage to Southern California Edison as part of a wider effort to prevent blackouts by replacing fossil-fuel electricity generation with lithium-ion batteries. Tesla's contribution is enough to power about 2,500 homes for a full day, the company said in a blog post on Thursday. But the real significance of the deal is the speed with which lithium-ion battery packs are being deployed.
"The storage is being procured in a record time frame," months instead of years, said Yayoi Sekine, a battery analyst at Bloomberg New Energy Finance. "It highlights the maturity of advanced technologies like energy storage to be contracted as a reliable resource in an emergency situation."
The deal fits into Tesla Chief Executive Officer Elon Musk's long-term vision of transforming Tesla from an an electric car company to a clean-energy company. That's the same motivation behind his pending deal to acquire SolarCity Corp., the rooftop solar company founded by his cousins, of which he is also chairman and the largest shareholder.
A 2-megawatt Tesla battery system costs about $2.9 million, according to Tesla's website. The company negotiates contracts greater than 2.5 megawatts, and a spokeswoman declined to comment on the value of this 20-megawatt deal.
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Last fall's natural gas leak at Alisa Canyon,
it's not me it's the Fed and CB's and until that sentiment changes all dips will be bought, markets have been programmed / brainwashed ,
Loving it ......nas at 5226
Tesla Motors, Inc. (TSLA) -NasdaqGS In Watchlist
199.43 Up 3.02(1.54%) 11:17AM EDT - Nasdaq Real Time Price
Friday so basically it has recovered over 100 points this week, one could say nas is down around 30 from last Thursday's close, Yawn, we were close to all time highs then, so no Damage at all from last Friday's 133 loss, markets can not be damaged or rattled , all dips are a signal to buy .... cheers
nas 5235 today, that is not asking for much and by Friday 5250..what a GREAT week this has been so far..cheers and yes drinks are on me..........make that a double...cheers
is the norm so nas has Friday to be green too, Nas is up 52 and holding strong, folks the trend is still north , buy the dip is still very much in fashion, why fight it, one day perhaps it will change direction but that could be a long time as long as the fed and CB" are in control or as long as markets want to believe in it until then ride this GREAT wave