This is another of the W.O.O.D. series of semi-regular
Weekly Occasional Open Discussions.
(i.e. if I forget and skip one, no big)
Immediate prior one here:
and remains open for threads running there
(at least until the ‘several month’ auto-close of comments on stale threads).
Canonical list of old ones here:
So use “Tips” for “Oooh, look at the interesting ponder thing!”
and “W.O.O.D” for “Did you see what just happened?! What did you think about it?”
What’s Going On?
The Volcano in Hawaii continues to erupt, but the news doesn’t cover it anymore. It’s “Sooo last week”…
Monday, July 9, 2018, 5:05 PM HST
Kīlauea Volcano Lower East Rift Zone
Early this afternoon observers reported multiple overflows occurring along both sides of the main lava channel, in an area extending from near the “Y” intersection at Pohoiki Road eastwards to an area just west of Kapoho Crater. Overflows on the upper part of the channel did not extend beyond areas previously covered in lava. Overflows further down the channel have reached beyond the flow field, including one flow lobe that is moving northeast from the main channel towards Cinder Rd.
Residents are urged to heed warnings and notices from Hawaii County Civil Defense.
Based on information from ground observers and morning and afternoon overflights, the lower part of the main lava channel has undergone significant reorganization. In particular, the channel that had been open near Four Corners is now mostly crusted over, and plumes from ocean entry are significantly reduced. It is likely this is due to a blockage that formed in the early morning in the main channel upstream of Kapoho Crater. Flow volumes coming out of Fissure 8 remain significant, and it is possible that changes in flow channels will continue to occur in the coming days.
That the flow channel is starting to clog and bits are spilling into new areas means many of the presently “safe” areas are at increased risk.
The main crater continues to sink and expand. Eventually it will reach the lava flow point if this keeps up. At that time would we get the main caldera in on the act?
The USA Democrats are having a Pillory Party about the nominee for the Supremes. One org even let their press release leak out with XX for the name. Clearly even nominating Mother Theresa would have been attacked. “Pandering to the base” is fine and all, but the 40% of us in the middle are just thinking they look very very Stoooopid and grumpy.
Financial news shows are all excited as the “Market has gone up “Seven out of the last 8 days!!!” or some such. Yeah, but “up from a down” and mostly “wedging in” sideways over all.
While technically the indicators are positive (DMI blue on top, MACD blue on top and above zero line, SMA stack normal order) volume to the upside is drying up (slope of average V line downward) and red down day volumes spike way above the black.
I continue just watching this toppy action and sitting out. If anything, you can buy the down spikes and sell the rises, but as these ‘wedge in’ times get shorter and range shortens until the point. Then it takes off one way or the other and you can trend trade again. For now it’s swing trade or nothing. (Or careful individual stock picks…)
A friend here pointed me at an interesting comedy site: Saturday Morning Breakfast Cerial
Click it and laugh…
I plan to “hit the road” sometime in the next 24 hours. Likely headed up to about 1-40 then across. Thinking of a pop up to I-80 in the middle somewhere (to minimize my miles in California and avoid their expensive gasoline via the Reno route). Anyone with ideas on how to enjoy Yet Another Drive Cross the USA, feel free to chime in. I hope to go slow and meander a bit this time. There’s not a lot of pressure to get anything in particular done other than go home.
I have thought that I ought to go through Roswell New Mexico “some day” just to be able to say I did it. Don’t know if there’s really anything worth seeing there, or not. Also not sure “hottest days of summer” is the right season for the southern desert…
In any case, the next posting (after I put up a new TIPS page) ought to be from a Starbucks or a roadside stop via the hotspot. Unless I get the car loaded early and find something that just must be said now!