July 9, 2026
The Punchline. We like arithmetic. Here is some: Tesla has self-certified 102 vehicles to the Texas DMV as SAE Level 4 self-driving cars, according to robotaxitracker.com. Yet, tracking data (Robotaxi Tracker) shows just 17 of…
July 8, 2026
Q&A with Majestic Steel | Corroborated against SMU, Mysteel & CRU-settled market data The Bottom Line. We went back to the channel. After twenty-two consecutive weekly Nucor HRC price hikes — not a typo (Ex….
July 7, 2026
T-bill settlement days have quietly cost the S&P 500 its entire year. The drain resumes this week. The Bottom Line On the 41 days since late October when the Treasury settled more bills than it…
July 7, 2026
LME Metal Prices Mostly Higher vs. Previous Close: Today, Copper -0.03% to $6.06/lb; aluminum +0.34% to $1.53/lb; nickel +0.16% to $8.54/lb; zinc +0.97% to $1.65/lb; lead -0.18% to $1.06/lb; gold +0.07% to $4,168/oz; silver -1.07%…
July 1, 2026
Please see bottom of report for important disclosures Gordon L. Johnson/GLJ Research LLC ————————————————– Polysilicon Futures Spot Contract Price (CNY$35,820/ton = $5.07/kg) – down 1.8% w/w Note: Adjusted for CNY exchange rate and 13% VAT….
July 1, 2026
The grid is short on reserve margin. AI is the reason. Fluence sells the cure — proven batteries, not “PowerPoint” transformers. Trade construction: Own FLNC outright (high-risk long), and/or express it as a relative-value pair…
June 30, 2026
Washington is drafting a ban on Chinese inverters. ENPH (+12%) and SEDG (+10%) are ripping in the pre-market. One problem: the ban targets the one part of the market these two barely touch (i.e., utility-scale)….
June 29, 2026
Solar-loan ABS is repricing in real time. Sunrun doesn’t appear anywhere in the data below — which is exactly why the read-through is being mispriced. The reports aren’t about Sunrun’s loans. They’re about the cost…
June 24, 2026
Please see bottom of report for important disclosures Gordon L. Johnson/GLJ Research LLC ————————————————– Polysilicon Futures Spot Contract Price (CNY$36,485/ton = $5.15/kg) – down 0.1% w/w Note: Adjusted for CNY exchange rate and 13% VAT….
June 24, 2026
What you Need to Know. This morning Sunrun, Renew Home and Tesla announced a framework to deliver “more than 16 GW” of flexible capacity to hyperscalers and utilities. The number is engineered for a press…
June 23, 2026
LME Metal Prices Mostly Higher vs. Previous Close: Yesterday, Copper -0.70% to $6.15/lb; aluminum +0.43% to $1.61/lb; nickel -2.05% to $8.98/lb; zinc -0.68% to $1.65/lb; lead -0.66% to $1.09/lb; gold +0.86% to $4,191/oz; silver +0.45%…
June 18, 2026
STLD “misses” and NUE “beats” — but strip the one-offs and both print light; the read-through for Cleveland-Cliffs (“CLF”) and for 2H HRC is more nuanced than the headlines, with the import data the swing…
June 17, 2026
The Bernanke–Powell asset-price backstop is (seemingly) being dismantled in real time. The regime has changed — so the market may be forced to price the end of the put. Our Take WHAT HAPPENED: At his…
June 17, 2026
What Is the Channel Seeing Three Weeks Ahead of the July 4 Safe-Harbor Deadline? Below, we provide a Q&A we had today with Krannich — one of the largest global distributors of solar products, with…
June 17, 2026
Please see bottom of report for important disclosures Gordon L. Johnson/GLJ Research LLC ————————————————– Polysilicon Futures Spot Contract Price (CNY$36,525/ton = $5.18/kg) – up 1.2% w/w Note: Adjusted for CNY exchange rate and 13% VAT….