Men’s water polo prepares for semifinal match

first_imgJosh Dunst | Daily TrojanThe men’s water polo team managed to earn the No. 2 seed in the NCAA tournament in Palo Alto this weekend in their 14th consecutive trip to the tournament. The seeding is a testament to their 28-3 season, despite two consecutive losses in the Mountain Pacific Sports Federation Tournament two weeks ago. In the tournament, USC is looking to conquer its 10th national championship at Stanford’s Avery Aquatic Center. The Trojans earned a first round bye, and their first match will be in the semifinals against the winner of the UCLA-George Washington quarterfinal. Stanford will also play in the semifinal round of the tournament, facing the winner of the UC San Diego vs. Long Beach State quarterfinal match. Sophomore driver Marko Vavic said the team is anticipating a matchup against UCLA.“We’ve just been studying [UCLA} a lot, preparing for their weaknesses in their games and how to take advantage so that we can make it to the finals,” Vavic said. The Trojans have scouted Bruins’ freshman attacker Ashworth Molthen and sophomore attacker Nicolas Saveljic, who Vavic said is a “great shooter.”  After a disappointing 4-7 loss to the Bruins in the MPSF tournament, the Trojans are learning from their downfalls to prepare for Saturday. The team is working on being more organized and cleaning up their counter attacks. “We get a lot of advantages that we don’t capitalize on the way we should,” Vavic said.Freshman goalie Nic Porter adds that the team was not happy with their offense in the MPSF tournament. “Particularly against UCLA, only scoring 4 goals, we were pretty unlucky on defense a few times but they’re situations where if we are on our game a bit more, watching the ball, anticipating what’s going to happen then we can stop them,” Porter said. Against both Cal and UCLA, the Trojans started the games well. In the Cal match, the team built a 9-6 lead in the first three quarters but the Bears came back and won, 10-9The next day versus UCLA, the Trojans were able to keep the Bruins quiet for a whole quarter, posting a 1-0 lead at the end of the first period. The key for USC heading into the NCAA tournament is to see its solid opening performance through the full game. Both Vavic and Porter agree that team chemistry is the biggest thing the team has improved on over the course of the season. Especially since over half the team was replaced from last season.“The coaching staff has been able to integrate us all together and we’re playing some good water polo,” Vavic said. “Everyone is great mates out of the water as well, which is important for success. Full credit to the coaching staff for bringing in a good group of players and getting [them] to play well together.” The Trojans enter the NCAA tournament confident, despite the nerves of the high pressure situation. “Personally, I don’t really get too nervous, I get energetic,” Vavic said. “But I think the hardest thing whether you get nervous or whether you get excited, is to stay focused on the moment because in big games like this, the game is so short that opportunities pass you by so quickly.Porter echoed what Vavic said. “We’re so well prepared for these games that naturally there are going to be some nerves there but we’re so confident in the game plan that we have and the players that we have,” Porter said. “Once the game gets started, you’re in the zone and you need to do your job. For us that means getting this national championship.” The Trojans semifinal game will be played at 5 p.m. Saturday. The championship game is slated for 3 p.m. Sunday. Both matches will be hosted by Stanford at Avery Aquatic Center in Palo Alto and will be streamed on NCAA Live.last_img read more

Extra electric car charging hubs sought for Letterkenny

first_imgThe local council in Letterkenny is set to request more hybrid and electric car charging points to address the rise in popularity of e-cars.Recharging facilities are being sought for key areas of Letterkenny including the Hugh Duffy car park (formerly the Old Mart) and other council-owned locations.The move follows a 542% surge in electric car sales in Ireland in the first two months of 2019. With 1,129 new electric car registrations in January and February, Councillor Adrian Glackin has said the local authority should get ahead of the game and provide more charging points.In raising the motion with the Letterkenny Municipal District yesterday, Cllr Glackin was told that the council will write to the ESB with the request.Cllr Glackin also suggested that the council look beyond Letterkenny by exploring options to add charging points to car parks in areas such as Rathmullan and Downings to benefit tourism.Extra electric car charging hubs sought for Letterkenny was last modified: March 13th, 2019 by Rachel McLaughlinShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:car charging pointselectric carshybridLetterkenny Municipal Districtlast_img read more

South Africa pleased with WEF participation

first_img26 January 2015President Jacob Zuma returned to Pretoria on Saturday upbeat and satisfied with the outcome of South Africa’s participation at the World Economic Forum (WEF) in Davos-Klosters, Switzerland.The president led a seven-minister delegation to the annual gathering, where they promoted South Africa as a key destination for foreign direct investment and development partnerships. Successful interactive sessions were held with international and South African business leaders, who were interested in a number of sectors. Of particular interest were infrastructure development, energy, transport and broadband, as well as mining, agro-processing and manufacturing.WEF 2015 ran from 21 to 24 January. Over four days each year, global leaders from across business, government, international organisations, academia and civil society meet in Davos for strategic dialogues which map the key transformations reshaping the world.The ministers participated as panellists in several sessions, and shared the South African story of progress. They also spoke of the country’s readiness to meet its challenges through implementing the National Development Plan.“The investors heard our message. They understood us very well that where there were challenges, we had plans to remedy the situation, for example the energy shortage in the country that we are attending to through an infrastructure build and maintenance programme,” said Zuma.“They heard us when we said we wanted to see a stronger mining sector and a transformed mining sector, hence the need to revitalise mining towns and communities.“We are happy that South African business was able to echo our message in Davos, making it clear to all that we do talk and work together. We are building our country, and will continue to make progress. We made the point strongly that any wise businessperson would really want to have a presence in South Africa,” Zuma added.He held bilateral meetings with John Key Mark Rutte, the prime ministers of New Zealand and Netherlands, respectively. The talks contributed to enhancing the good relations between South Africa and the two countries. The president also held a bilateral meeting with Professor Klaus Schwab, the founder of WEF.WEF was held under the overarching theme of the new global context. “Complexity, fragility and uncertainty are potentially ending an era of economic integration and international partnership that began in 1989,” it stated on its website.“What is clear is that we are confronted by profound political, economic, social and, above all, technological transformations. They are altering long-standing assumptions about our prospects, resulting in an entirely ‘new global context’ for decision-making.”Leaders at the meeting were “looking to strengthen their situation awareness and contextual intelligence”.Source: SANews.govlast_img read more

The difference between buying and selling calls

first_imgShare Facebook Twitter Google + LinkedIn Pinterest By Jon Scheve, Superior Feed Ingredients, LLCThe USDA lowered corn yield estimates about 2 bushels per acre and decreased demand a little as well. Despite these adjustments, the report still showed a drop in next year’s carryout and the tightest stocks-to-use ratio in 4 years. This could help keep corn from drifting lower.There was a huge carryout increase with China’s stocks, but I doubt this will have a big impact on the market. One, those stocks have been present for a long time. Two, this corn is not logistically set up for easy export.Basis levels in the U.S. have been strong since the middle of harvest. Recent increases ranging from 10 to 15 cents have been reported throughout the Corn Belt. This would suggest that farmers are not selling and that end users are in need of corn. This could indicate upside potential in corn prices.The USDA decreased bean yield estimates 1 bushel per acre, while export demand was updated to reflect the trade war and exports to China. This resulted in a 950 million bushel carryout that doesn’t seem to be resonating with the market. Normal carryout is between 250-400 million bushels, so it’s hard to understand how futures values just under $9 can be maintained.Many in the trade are hoping the trade war with China is fixed soon, suggesting exports would then suddenly increase. Even if the trade war ends, I would expect futures to rally some, but I doubt it would automatically return to levels seen last winter. It’s just unlikely bean exports would increase more than 400 million, as we are pretty far along in the export season.Bean basis is still historically weak across the U.S., but it has increased slightly since harvest is nearly finished. This is likely due to a lot of beans going into storage and a lack of farmer selling. How I’ve increased my farm’s profits selling callsLast week I wrote about why I don’t buy calls for my farm. I listed three reasons:Buying calls has terrible oddsBuying calls doesn’t work well with market carry futuresValue changes don’t correlate to call option value changesBuying calls gives the buyer the right to buy grain at a certain price. Those buying a call have to pay a premium, but there is no margin call risk. Selling calls forces the seller to sell grain at a certain price. Those selling calls collect the premium upfront. There can be margin call risk selling calls, but that’s a great thing. Margin calls mean price rallies, which as a grain producer I always want. 3 reasons I sell callsI store all of my production at home and sell calls against some of my unsold positions, usually no more than 30% of my total production.Reason 1: Selling calls has good oddsAt any time the market can move in three directions — up, down or sideways. When buying calls farmers can only be profitable on the trade if the market goes up quite a bit. When selling calls the opposite is true.If the market goes down or sideways I keep the premium from the sold call. I haven’t sold any grain, but I can apply the added profit to another trade later.If the market goes up I can lose money on this trade, BUT if the market rallies, as a grain producer I have a lot more grain to sell. Maybe not this year, but for sure next year.In other words, selling calls is betting against what I hope happens, and instead betting on what could likely happen. Selling calls spreads out my risk and allows me to avoid putting all my eggs in one basket hoping prices rally when market conditions suggest they may not. Reason 2: Selling calls works well with market carry in the futuresWhen the market is in a carry, where the further out futures are worth more than current prices, I have profited well from selling corn calls. Corn usually has a carry because the U.S. produces 33% of the world’s corn production and 80% of the world’s harvest occurs when the U.S. is harvesting their corn. Market carry signals to the market that it doesn’t want corn now (i.e. too much current supply), it wants it in later months. Therefore the market pays people to store the grain until later (i.e. when supply is tighter). So because of this carry the nearby futures month continues to hold in the same low price range and it usually prevents the market from going a lot higher.While I’m a fan of selling corn calls, I’m not a fan of selling bean calls. Beans often have an inverse, meaning current prices are higher than prices further in time. This is because South America harvests 60% of the world’s production 6 months after our harvest. The U.S only produces 33% of the world’s bean crop. This means the market doesn’t have to store the grain as long because another harvest isn’t that far away. This year may be different though, because of the huge carryout in U.S. beans. Reason 3: I can pick a price I want to sell and collect a premium if my goal isn’t attainedMany farmers tell me they want to “get all they can get” when they sell grain. My question to that statement is, “how do you know when you should sell then?” When pressed for the number they really want, they often say a round number like $4 or $4.20. Right now I could sell a July futures for about $4, or I could sell a July $4 call and collect almost 20 cents of premium. What does that mean?If corn is above $4 when the option expires at the end of June I have to sell $4, but I also keep the 20-cent premium from selling the call. So, it’s like selling for $4.20.If corn is between $3.80 to $4.00 in late June, I again keep the 20 cents. I could sell the corn if I wanted between those values and add the 20 cents of premium to that sale and have between $4.00-$4.20.If corn is below $3.80 in late June, I would keep the 20 cents to add to a later sale. I don’t have a hard floor price on any of the corn in this trade. This is what happened last summer. However as prices fell I kept selling further in time call options when any call expired below my goals. This allowed me to continue to collect more of the “consolation prize” of the call premiums. I later added all of these premiums to other sales to help me get to better price points.While not perfect, to me there are a lot of positives in this trade regardless of where the market goes. With what I know today, I’d be happy getting $4.00-$4.20 for my corn. Plus, if prices don’t rally I still get 20 cents I can add to a later sale. Options are not a perfect solutionThere are many in the trade who make it seem like options are the perfect solution for farmers. Call options, buying or selling, can provide some opportunity on some bushels, but they aren’t perfect and they have limitations. In my grain marketing plan I always want prices to go up, because from a sales standpoint I don’t make money if the market goes sideways or lower.If I buy a call, I only make money if prices goes up and will lose money if prices are sideways or down. If I sell a call, I make a little money when the market goes down or stays sideways, but my downside isn’t necessarily protected. Selling calls is the most profitable in a sideways market because I continue to pick up premium while waiting for an upswing in the market. Because no trade solution is ever going to be perfect it’s important for me to spread out my risk so that regardless of which way the market moves I can profit from it.As a farmer I can always take advantage of rallies without adding more risk buying calls. If prices go up, I can just sell some of my unpriced grain, which may mean next year’s crop. As a producer I will always have more corn to sell. Things get harder when the market stays at unprofitable price points for an extended period of time. That’s when selling calls to generate premium until prices do rally has been helpful in my farm operation marketing strategy.What about puts? Next week I’ll outline the pros and cons of put options in my farm operation.Jon grew up raising corn and soybeans on a farm near Beatrice, NE. Upon graduation from The University of Nebraska in Lincoln, he became a grain merchandiser and has been trading corn, soybeans and other grains for the last 18 years, building relationships with end-users in the process. After successfully marketing his father’s grain and getting his MBA, 10 years ago he started helping farmer clients market their grain based upon his principals of farmer education, reducing risk, understanding storage potential and using basis strategy to maximize individual farm operation profits. A big believer in farmer education of futures trading, Jon writes a weekly commentary to farmers interested in learning more and growing their farm operations.Trading of futures, options, swaps and other derivatives is risky and is not suitable for all persons. All of these investment products are leveraged, and you can lose more than your initial deposit. Each investment product is offered only to and from jurisdictions where solicitation and sale are lawful, and in accordance with applicable laws and regulations in such jurisdiction. The information provided here should not be relied upon as a substitute for independent research before making your investment decisions. Superior Feed Ingredients, LLC is merely providing this information for your general information and the information does not take into account any particular individual’s investment objectives, financial situation, or needs. All investors should obtain advice based on their unique situation before making any investment decision. The contents of this communication and any attachments are for informational purposes only and under no circumstances should they be construed as an offer to buy or sell, or a solicitation to buy or sell any future, option, swap or other derivative. The sources for the information and any opinions in this communication are believed to be reliable, but Superior Feed Ingredients, LLC does not warrant or guarantee the accuracy of such information or opinions. Superior Feed Ingredients, LLC and its principals and employees may take positions different from any positions described in this communication. Past results are not necessarily indicative of future results. He can be contacted at [email protected]last_img read more

Ohio State mens hockey falls in Big Ten Tournament ending its season

Sophomore forward Nick Schilkey (37) controls the puck during a game against Minnesota on March 6 at the Schottenstein Center. OSU lost, 4-2.Credit: Kaley Rentz / Lantern reporterThe Ohio State men’s hockey team arrived at the Big Ten Tournament confident and motivated.The Buckeyes (14-19-3, 8-11-1) turned that into a 3-1 win against Penn State in the Big Ten quarterfinals, but couldn’t make it pass the semis. OSU’s confidence and motivation wasn’t quite enough, as the Buckeyes lost to No. 13 Minnesota, 3-0, to end their season Friday evening.Even though the Buckeyes didn’t make the championship game, coach Steve Rohlik had a positive outlook on the losing season. While he said he was proud of the team as a whole, Rohlik stressed the importance of the Buckeyes’ upperclassmen.“I’m even prouder of our eight seniors,” he said. “What they’ve done for our program, they’ve sent this program in the right direction. So, obviously I thank them.”Senior assistant captain forward Matt Johnson said even though the end result was disappointing, he was proud of his teammates’ desire to end the season confident and unified.“We really found our identity and started to roll with it,” Johnson said. “Going off of last year, we were very confident, just like this year, we beat every team in the conference. There was nobody we didn’t think we could beat.”Moving forward, the Buckeyes will be without eight seniors, who have seen the program transition from the hiring of a new head coach and a change of conference to the Big Ten from the Central Collegiate Hockey Association.“It’s really an incredible group,” Rohlik said. “They’re the ones that have been a big part of where this culture is and where it’s going. Their leadership pulled us along over the last couple months. They’re a big part of why we had a chance.”For Johnson and senior captain forward Tanner Fritz, the final game was emotional, but the two said they are excited for the program’s future.“​I see the program going, obviously, in the right direction,” Johnson said. “We do everything right here. We do it the right way. We have the great staff. To me, you just can’t get a better program.”“We’re always pushing to get better, and I know they’re going to do that in the following years,” Fritz added. “The only way to go is up from here.”Next year, the Buckeyes will look toward a new group of upperclassmen to lead them in the right direction.OSU has three key players returning in captain Sam Jardine, leading goalscorer Anthony Greco and 6-foot-5-inch defenseman Craig Dalrymple.   Beyond that trio, forward Nick Schilkey, defenseman Josh Healey and goaltenders Christian Frey and Matt Tomkins are all set to be back for another season as well.But regardless of the players, Rohlik said the team’s progression starts with the coach.“I mean, first and foremost, I’m going to have to take some time to reflect on myself because it starts with me,” Rohlik said. “I’ve got to be better.”With the return of a solid foundation, Rohlik said he is eager for the Buckeyes to come out with swagger, determination and success in the Big Ten next year.“The one thing that I want is to let people know we’re going to show up every night,” Rohlik said. “We’re going to come at you and play hard and our guys are going to leave it on the line. That’s our identity and that’s what we try to leave here today.” read more

Football Mike Weber becoming a leader in the locker room

OSU redshirt freshman Mike Weber (25) scores the Buckeyes’ first offensive touchdown of the day during the second half of the Buckeyes’ 30-27 overtime win against Michigan on Nov. 26. Credit: Alexa Mavrogianis | Photo EditorRedshirt sophomore running back Mike Weber has a lot to learn. However, after only one season as the featured tailback, Weber has been deemed the leader of the young Ohio State backfield. With big shoes to fill after running back Ezekiel Elliott declared for the NFL draft, Weber excelled in 2016 winning the Thompson-Randle El Big Ten Freshman of the Year. The Detroit native rushed for a team-high 1,096 yards with nine rushing touchdowns. Even with all of the success last season, Weber is not taking that for granted. “I try to put it past me and work as hard as I can to do better, reach more goals that I set for this year,” Weber said. OSU running backs coach Tony Alford said that he has seen a change in Weber’s approach to his body, on and off the football field, as well as his approach as a leader in the locker room to the younger running backs. Alford said that maturity and accountability comes with experience. “He’s growing up, and I’ve said that. And every time, there’s a little bit more growth process going on,” Alford said. “He’s much better pro now than what he was as far as how he’s handling his business.”Weber said that he has seen improvement in his ability to slow the game down a bit, watching the wide receivers and the tight ends and knowing what they will be doing. This increased knowledge, according to Alford, is the next step that the premier back needs to take. “That’s the biggest thing for guys like Mike (Weber) is we know you know, you’ve done it before,” Alford said. “Now it’s time to perfect it and challenge yourself on every small little detail on what’s going on.”One of the challenges Weber is facing is coming back from the rough end of the 2016 season. In the final two games of the 2016 season, a 30-27 double-overtime win over Michigan and a 31-0 Fiesta Bowl loss to Clemson, he combined for 50 rushing yards on 16 carries with only one touchdown run. The sting, especially from the loss to the Tigers, has not quite gone away from Weber. “I’m still getting over it actually,” Weber said. “I know we have to put it past us. I use it as fuel and I think we all do, on our team. I’ll tell you what, that bad taste won’t get out of our mouth until we play the first game.”Even if Weber is focused more on what is happening on the football field, Alford views him as a leader and an example to the younger backs on the roster, such as freshman running back JK Dobbins. “You are talking about a guy who has done it, done it at a very high level and he’s done it at a pretty good rate of speed,” Alford said. “JK (Dobbins) can learn from him by just standing with him, the same way Mike (Weber) learned from standing next to ‘Zeke.’” read more

Fabio Borini says he is ready to become a star for

first_imgRight-back player Fabio Borini says he is prepared to shine as a ‘star’ for Milan after affirming he has  “proved worthy” of the Rossoneri shirt and that he is won’t be leaving to nowhere.Borini entered Milan from Sunderland last summer and ever since has become a jack-of-all-trades for the Diavolo. He has made 44 appearances in his usual striking position, out wide and even at right-back. On speaking about his future in Milan, he told Gazzetta Dello Sport via Football Italia that he is ready to become a star for Milan.“My balance sheet for the past season is absolutely positive,” he said.“The expectations for me weren’t very high, but I think I proved to be worthy of the Milan shirt.“I think I did good things, despite not playing in my natural role most of the time. I’d like to play and not be just a pawn.Cristiano Ronaldo, JuventusSerie A Betting: Match-day 3 Stuart Heath – September 14, 2019 Considering there is a number of perfect starts so early in the Serie A season, as well as a few surprisingly not-so perfect ones….“I plan to carve out a starring role. I’m not at Milan just to hole up for the winter but to get back to playing regularly.“I’m waiting for revenge with Juventus in the Supercopa. Playing in the first half of August could benefit us, if the Coach doesn’t kill us in preseason…“My dream is to win a trophy with this shirt, and the Supercoppa would be an excellent start to more important ones.“Exodus at Milan? For me, certainly not. Generally speaking, I don’t think so. [UEFA] could be a situation that brings us even closer together.“After that, excuse me but where would I run to? We’re at Milan after all…”last_img read more

Spalletti hails Skriniar amid links to United and PSG

first_imgLuciano Spalletti has warned Manchester United, Barcelona and Paris Saint Germain that Inter Milan’s defender Milan Skriniar “is priceless suggesting “Nobody can afford him.”There has been a great deal of interest around the Slovakia international who turns 24 next month.Inter Milan secured the services of the defender for €34m from Sampdoria in the summer of 2017 and his value has since sky-rocketed.“Nobody has the money to pay for Skriniar. He is priceless,” said the Coach in this evening’s Press conference via Football Italia.Romelu Lukaku, Inter MilanLukaku backed to beat Ronaldo in Serie A scoring charts Andrew Smyth – September 14, 2019 Former Inter Milan star Andy van der Meyde is confident Romelu Lukaku will outscore Cristiano Ronaldo in this season’s Serie A.“He is staying here, because nobody can afford him.”The situation is different for Brazil international Joao Miranda.“This sort of rumour damages Inter and weakens the club. If Miranda did tell anyone he wanted to leave Inter, he didn’t say it to me. Every time I played him, Miranda has done well.”The Serie A giants secured their passage to the quarter-finals of the Coppa Italia after beating Benevento 6-2.last_img read more

Petit says Arsenal is wasting opportunities

first_imgFor the former Gunners midfielder, the English Premier League team is wasting its opportunities by not signing anybody during the transfer window.Arsenal has not spent a dime during the January transfer window in the English Premier League.But the team might need a player or two, as they are currently in the sixth position of the table with 47 points 15 points behind leaders Liverpool.For former Gunners midfielder Emmanuel Petit, Arsenal not getting any new footballers during the January transfer market window is a wasted opportunity.“The frustration level must be very high for Emery, as in only his second transfer window as Arsenal manager he was told he cannot sign anybody,” Petit was quoted by Sky Sports.“You look at the money Manchester United, Liverpool, and Manchester City spend and unless you join them and put the cash on the table to compete for the best players, you are going nowhere.”Not the end to the weekend we were all hoping for 😔But, there’s still another 13 @PremierLeague games to go – let’s dust ourselves down, regroup and we’ll go again at Huddersfield 👊#WeAreTheArsenal 🔴 pic.twitter.com/gTSzRMuDks— Arsenal FC (@Arsenal) February 3, 2019Harry Maguire, Manchester UnitedLiverpool legend Nicol slams Harry Maguire’s Man United form Andrew Smyth – September 14, 2019 Steve Nicol believes Harry Maguire has made some “horrendous mistakes” recently, and has failed to find his best form since joining Manchester United.“Tottenham are not spending money but they are in the position Arsenal were in a few years ago, building a stadium, but there is no excuse for Arsenal now,” he complained.“If you sack Arsene Wenger and then say to the guy who replaces him ‘you have no money to spend on new players’, I would ask; what was the point of sacking Wenger in the first place?”“Defensively, Arsenal have not been good enough this season, so I was surprised they did not try to sign defenders in January. But the problems they have will not be solved by signing a player or two,” he continued.“Clearly, the defense is a problem. The better teams are getting through them far too easily, and when I hear Emery say he is happy with his defense and he does not need new players in these positions, I’m pretty sure he does not believe this.”💥 B A N G 💥Well done to @LacazetteAlex – you’ve voted his fine finish against @ChelseaFC as our January Goal of the Month 💫 pic.twitter.com/YKedat9Wfx— Arsenal FC (@Arsenal) February 5, 2019last_img read more