From early 2026, Germany, Finland, the Netherlands and Austria have pushed to end the practice of burying decommissioned turbine blades in landfill sites. This left other nations scrambling for alternative solutions, as composite waste is fast becoming a major environmental bottleneck for the world's wind sector. Landfill prohibitions do not eliminate the underlying waste—they frequently just transfer it. Without universal processing infrastructure, decommissioned components are loaded onto transport for export to plaves like the UK or France, where landfilling or lower-grade disposal is permitted until alternative solutions are developed. Downcycling attempts—like repurposing blades into sound barriers, pedestrian bridges or playground structures—struggle to match the incoming volume. The largest commercial blades span over 76 meters, longer than the wingspan of a Boeing 747. Meanwhile, academic projections indicate cumulative global blade waste will reach 43 million tonnes by 2050, with Europe and North America accounting for a substantial share. Incineration and traditional chemical recycling introduce their own environmental and economic hurdles. Polymer matrix resins require energy-intensive pyrolysis or solvolysis to free the embedded glass and carbon fibres. In effect, breaking down a 'green' blade demands significant energy inputs, undercutting the net lifecycle emissions savings. Regulators have begun forcing the issue. EU rules introduced under the Net-Zero Industry Act require wind turbine blades involved in public procurement to meet a minimum 70% recyclability rate. By contrast, France has relied on a progressive quota framework, requiring operators to ensure at least 55% of a rotor blade's mass is recycled or reused. In response, research initiatives like the EU-funded REWIND project are pursuing industrial-scale recovery—developing methods to spin reclaimed glass fibres into high-value yarn and structural fabrics suitable for secondary manufacturing. Commercial trial programs have even begun integrating these decommissioned composite fibres into the electric vehicle supply chain for automotive structural components. IMAGE: Decommissioned wind turbine blades stored at a facility in Sweetwater, Texas. As European nations restrict traditional landfilling, finding recycling solutions for composite materials is still a global challenge.

ROC (Rate Of Change) is a simple indicator measuring today's price change from XX-days ago. In $XLF , high readings can mark strong initiation with more to come. Deep negative readings are usually exhaustive, at least temporarily.

The Coppock Curve was created by portfolio manager and analyst E.S.C. Coppock. He did not name it for himself, calling it his V.L.T. Momentum Index (Very Long Term). Other analysts renamed it in Coppock's honor. It came about because Coppock was doing management work for an Episcopal church, and one day he asked a priest how long it takes for a person to grieve over the loss of a spouse, for example. The priest answered that it is about 11 to 14 months. So Coppock incorporated the 11 and 14 month time periods into the indicator, employing weighted moving averages to reflect the declining importance over time of older data. Coppock's belief was that it takes a similar amount of time for an investor to get over the pain of losing money in a bear market, and people are not ready right away to start investing again after having experienced that loss. When the Coppock Curve turns up from a very low level, that is seen as an important lower risk entry point for the very long term trading style, signaling that an uptrend is finally back on again. As with any indication of trend direction, there can be whipsaws, especially when you are counting on it not to give you one. Coppock employed this math for the DJIA, which was the dominant market index of his day. Whether it is of any use in another market like Bitcoin is something everyone should evaluate for oneself before using it.

Sometimes a "bottom" is well represented by thinking about the Colorado River in the Grand Canyon. Other times, a bottom is like moving west through central Colorado, where the prairie suddenly ends and you head up into the Rockies.

Please allow me to translate the profound message Linda is conveying. She is noting that the intraday price uptrend on Monday is very linear, such that even a very tight stop is not getting hit. Signal processing engineers would say that there is a high "signal to noise" ratio. Smooth intraday trends typically happen when there is a large amount of money that needs to get put to work, but the big firms don't want to dump a large order into the market all at once and move prices. So their trading desks use algorithms to chop up the large slug of money into smaller pieces, doling orders out more slowly. This results in that linear form of the intraday chart plot. The key takeaway, therefore, is that there must be a large amount of money deciding to move now, based on seeing footprints in the intraday plot which match the behavior of prices when that condition is in effect.

This chart appeared in my Daily Edition on Friday. In late July, the non-commercial traders of Bitcoin futures were at an all-time record net long position as a group. Unlike most futures, the "commercial" traders are not the smart money in Bitcoin, where few traders qualify. Instead, the non-commercials (think large hedge funds) are the smart money. As BTC prices rose in August, these traders pared their longs rapidly, which gave me some concern. But over the past 2 weeks they have been reestablishing a big net long position, ahead of the rally we are seeing today.

Positive breadth at the close on Monday will bring a 3rd McClellan Oscillator bottom, higher than the last two, which is a powerful bullish signal. We last saw one of those at the March 30, 2026 low.

The further point about my chart is that in yen futures, as in most, the commercials are the smart money. Bessent arrogantly proclaimed that he is "the house", and you can fight him if you want (on the yen intervention). It looks like the smart money traders are deciding to fight him, as they have made a dramatic lurch to the short side on this small rise in the yen's value.

The chart by @MacroCharts shows an inverse correlation. It would work better if the red plot were flipped upside down to show a positive correlation. Here is an example, using the commercials' net position. Notice also that allowing the plots to intrude into the vertical space of each other, but without stepping on each other, uses more of the chart space for data, allowing the viewer to better see the details vs. having each plot get its own segregated portion of the overall chart.

Next up: A complaint by the alarmists that this documented greening of the Sahara is actually bad, because it will stop the Saharan dust from floating out over the Atlantic, shading and weakening the hurricanes, and thus we are ALL GOING TO DIE, I TELL YOU!!

It is true that Robert Shiller's CAPE is was up above 40. But some understanding of the math is helpful. CAPE averages monthly earnings going back 10 years. So when there is a big recent surge in earnings, and prices, CAPE does not keep up very well. If we look at a raw trailing SP500 P/E Ratio, it is at a level that used to be considered quite high years ago, but is pretty moderate compared to the last 3 decades.

Interesting attitude to hear voiced at this moment, especially when the commercial traders in the COT Report are net short to a huge degree, and spot copper is in a bearish rising wedge structure.