Jose Expected to Regain Hurricane Status and Gun For Northeast Coast

Get your generators ready NY, Jose might be heading up here to blow away your over valued hovels. Recent models indicate Jose is making a comeback near the Bahamas and is expected to regain ‘Cane status today, then jog on towards the northeast in an attempt to destroy it.

From Dr. Masters

Jose is now completing its expected loop between the Caribbean and Bermuda, and the track forecast has become more straightforward. Our top track models—the European, GFS, and UKMET models—agree that Jose will continue west-northwest until about Saturday, then head northward toward a upper-level trough that will be sweeping through eastern Canada. By midweek, this northward movement is expected to segue into a more northeasterly track.

The main forecast challenge is how close Jose will get to the U.S. and Canadian coast. The 00Z Thursday runs of the three top track models all place Jose within several hundred miles of North Carolina’s Outer Banks by next Tuesday. Later in the week, Jose could make an even closer pass by Cape Cod and the Canadian Maritimes. At this point we can’t rule out the possibility that Jose will make landfall somewhere along the east coast of the U.S. or Canada. Of the 50 members of the 00Z Thursday ensemble run of the European model, a substantial minority bring Jose inland across the eastern U.S. (see Figure 3). However, only about 20% of the GFS ensemble members produce an eastern U.S. landfall (see Figure 2). The model guidance trended slightly westward overnight, so we’ll need to keep a close eye on any further trends in model guidance. NHC’s 5-day forecast on Thursday morning placed Jose about 250 miles east of North Carolina on Monday, and the “cone of uncertainty” included the Outer Banks.

I guarantee you this doesn’t make the news rounds today, so as a stock trader you might be able to get in on some hurricane stocks ahead of the crowd. The obvious ones are PGTI, LL, LOW and GNRC.

Wait, there’s more.

Two new systems just formed off the coast of Africa and are expected to become Tropical Depressions soon.

Separately, Hurricane Irma, aka Nothing Burger, has left the entire island of Barbuda without people for the first time in 300 years. Total and complete devastation. All 1,800 people have been evacuated.

“The damage is complete,” says Ambassador Ronald Sanders, who has served as Antigua and Barbuda’s ambassador to the U.S. since 2015. “For the first time in 300 years, there’s not a single living person on the island of Barbuda — a civilization that has existed on that island for over 300 years has now been extinguished.”

According to Sanders, Irma was “the most ferocious, cruel and merciless storm” in the island’s history. The hurricane was 378 miles wide when it descended on Barbuda, which is just 62 square miles.

“This was a huge monster,” he says. “The island and the people on the island had absolutely no chance.”

Evacuees from Barbuda were sent to Antigua, which did not suffer the same level of damage from Irma.

“We’ve had most of the people we’ve brought over to Antigua in shelters,” says Sanders. “We’ve tried to make living accommodations as good as humanly possible in these circumstances. Fortunately, we had planned ahead for this hurricane, and we had ordered supplies in from Miami and the United States before the hurricane hit.”

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