Yup......this is VERY strange! We are getting tropical development in late December! What I am not sure of is this a product of the moderate to strong La Nina that we have going on now, which is keeping the Atlantic favorable for tropical development even into late December.
As for Invest 95L, this storm looks healthy as it moves north and east. Examining both the visible satellite and the infrared, I see a healthy LLC and some of those thunderstorms starting to wrap around the LLC. Hoepfully, it will become stationary, as the NHC is forecasting, since the satellite animation seems to indicate that. Throughout the night, we should see the thunderstorms continue to slowly wrap around the LLC, thereby increasing its strength. This would be even more so, as I mentioned, once it becomes stationary
Therefore, I agree that we could see Subtropical Paulo by the end of this weekend.
Here is the latest visible satellite animation of Invest 95L and the central Altlantic Ocean:
http://www.ssd.noaa.gov/goes/flt/t1/loop-vis.html (Floater image of Invest 95L)
http://www.ssd.noaa.gov/goes/east/catl/loop-vis.html (animation of the central Atlantic Ocean)