Thursday, August 06, 2015
Could WTI Crude Oil Price Trade At A Premium To Brent By Next Year? / Commodities / Crude Oil
A flood of bearish news has pushed down oil prices to their lowest levels in months, with WTI nearing $45 per barrel and Brent flirting with sub-$50 territory.With a bear market back, there is pessimism throughout the oil markets. Goldman Sachs is even predicting oil stays at $50 through 2020, a profoundly grim view of the state of oil supplies.
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Thursday, August 06, 2015
How Investors Can Cash in on the "Convergence Economy" / Companies / Investing 2015
MoneyMorning.com Michael A. Robinson writes: There’s still a month left of summer vacation, and that means lots of folks are traveling to some of the usual “hot spots.”
Vacation hot spots are fun – but they can also be daunting.
However, an expert “guide” can make all the difference in the world.
And that’s exactly what I try to be here at Strategic Tech Investor. I show you the “hot spots,” where you’ll maximize your gains, and I help you dodge the “dogs,” which do nothing but eat your hard-earned cash.
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Thursday, August 06, 2015
Stock Market Swinging Wildly.....No Change....Sentiment Still Unwinding / Stock-Markets / Stock Markets 2015
It's a fact we've all gotten used to. At least I hope you have by now. Today is yet another day that makes no sense, thus it does. We had three days of poor action, and then after hours last night the futures were falling hard, mostly due to a very poor earnings report from Dow leader The Walt Disney Company (DIS). An unexpected miss with a bad outlook for the rest of this year in to 2016. The stock crushed, and I mean crushed, after hours. Futures were falling hard. It looked like another huge down day was dead ahead. We wake up this morning to a large gap up, even though DIS actually worsened. Go figure! As we've surely gotten used to, we saw the highs of the day erode over time, but with the S&P 500 and Nasdaq holding on to some gains.
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Thursday, August 06, 2015
Apple Stocks Five Down Days in a Row: Here’s What to Do Now / Companies / Apple
MoneyMorning.com Keith Fitz-Gerald writes: Apple Inc. (NasdaqGS:AAPL) lost another 3.2% yesterday on more than double the usual volume, making many investors wonder if it’s time to throw in the proverbial towel. It finished the day down 14% from the $133 a share high it set in February, and paper losses now tally $133.4 billion.
To put that in perspective, Apple’s just lost more than McDonald’s, which carries a $95 billion market cap, is worth.
I can’t help but think this is great.
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Thursday, August 06, 2015
Crude Oil Price Time for Reversal? / Commodities / Crude Oil
Trading position (short-term; our opinion): Short positions with a stop-loss order at $65.23 are justified from the risk/reward perspective.
On Tuesday, crude oil moved higher after the market's open supported by hopes for another decline in U.S. stockpiles. Thanks to these circumstances, light crude bounced off the multi-month low and gained 1.48%. Did this increase change anything in the short-term picture of the commodity?
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Wednesday, August 05, 2015
Services ISM Soar, ADP Disappoints / Economics / US Economy
USD recovered from a disappointing ADP reading to rally across the board when the headline July services ISM hit a 10-year high of 60.3 from June's 56.0. The employment component soared to a 10-year high of 59.6, posting the biggest monthly increase in the history of ISM/NAPM report.
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Wednesday, August 05, 2015
Is Japan’s Inflation Failing? / Economics / Inflation
We begin with NFTRH.com’s post from July 16 noting the message I got from a former associate (from my previous life as a manufacturer)…
“Just an update for you, some disturbing news has leaked out this week. Machine tool builders have put out blow out [lists] to all sales persons in the USA, not sure if world wide. Mori Seiki list has 600 to 700 machines on it WOW!!! never have i heard of such a huge list by any one Builder. Not sure what they see coming but it can’t be good.”
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Wednesday, August 05, 2015
Executive Order for Your Gold / Commodities / Gold and Silver 2015
Co-Authored: Chris Vermeulen and Kal Kotecha: In 1933, with America five-years deep into The Depression, the stage was set for an act of unprecedented proportions. History shows a wicked warlock at work.
On March 6, 1933, Executive Order (EO) 6073 was passed by Franklin Delano Roosevelt (FDR), the 32nd President of the United States in an attempt to solve the dire banking crisis. Executive orders have been around since 1789, allowing Presidents to issue legally binding orders unilaterally, without the consent of Congress. During his Presidential tenure, from 1933 to 1945, Roosevelt would issue 3,728 Executive Orders.
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Wednesday, August 05, 2015
There’s a Good Chance Your Bank Is Committing a Major Crime Right Now / Politics / Banksters
By Dan Steinhart
On April 10, 2006, Mexican authorities searched through a DC-9 jet at the airport in Ciudad del Carmen. They found more than five tons of cocaine… valued at more than $100 million.
If you’re like many Americans, you’re not surprised by a story like this. Not a year goes by without a few big media stories about Mexican drug cartels.
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Wednesday, August 05, 2015
GDX Gold Miners Set Up for a Rally / Commodities / Gold and Silver Stocks 2015
The setup for an intermediate degree rally doesn't get much better than this. If you can't take a contrarian trade qwith this setup then you are never goign to.
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Wednesday, August 05, 2015
The “Getting Rich” Lesson I Learned on the Trading Floor in Chicago / InvestorEducation / Learn to Trade
MoneyMorning.com Shah Gilani writes: Back in early 1982, I was a clerk for a big market maker on the floor of the Chicago Board of Options Exchange (CBOE). A year later, I had a seat on the exchange, was a market maker and was running a hedge fund.
My first day of trading – for my account – was a disaster.
There was a “fast market” in FedEx Corp. (NYSE: FDX), which means the pit was crowded with traders yelling and screaming, buying and selling options based on an unexpectedly positive earnings report that had just come out. I rushed into the crowd and amassed a position.
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Wednesday, August 05, 2015
Gold Price Two Steps Forward … One Step Back / Commodities / Gold and Silver 2015
- ‘Death of gold’ greatly exaggerated
- Vital context: gold rose sharply in years preceding crisis and during crisis
- Important to consider gold in local currency terms
- In euro, gold is up 2% in 2015, after 13% gain in 2014
- Gold at €300 in 2001, rose to €1,400 during crisis and at €1,000 today
- History, academic and independent research shows gold is a safe haven
- Sharp fall in value of commodities means global economy is weakening
Wednesday, August 05, 2015
These Charts Prove Gold Is Poised for a Rebound / Commodities / Gold and Silver 2015
Sean Brodrick writes: I’m about to show you five commodity charts, four of which should blow your mind.
First of all...
You probably know that gold is cheap. The yellow metal is way, way off the highs it hit in 2011. This is due, at least in part, to the rocketlike rise of the U.S. dollar.
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Wednesday, August 05, 2015
Stock Market Margin Debt - Don't Let This Nonsense Number Fool You / Stock-Markets / Stock Markets 2015
Dr. David Eifrig writes: Some people just want to see the worst in a stock market...
They like to take every fact or statistic they can find and twist it into an omen of doom.
We don't work that way. In my Retirement Trader newsletter, we look at the facts, talk about them, and draw simple conclusions about what's possible.
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Wednesday, August 05, 2015
In Greece, Reliance on Public Funds Is the Central Problem / Economics / Government Spending
Justin Murray writes: Greece is a hot topic at the moment, mostly with the continued negotiations over bailouts from the European Union and, through institutions like the IMF, the world at large. Much of the discussion paints the image that Greece is only a debt-restructuring away from a stable economic situation. However, without understanding how Greece got into this problem in the first place and identifying the root cause of an over-indebted society, any plan or solution has a high probability of failure. To crack into this root cause, I had to develop an entirely new metric called “implied public reliance.”
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Wednesday, August 05, 2015
Crisis Meets Opportunity: See the Evidence, make up your Own Mind / Stock-Markets / Stock Markets 2015
Dear Investor,
Over the next few days, we're inviting you to watch a recent live talk given by Elliott Wave International chief market analyst and former Merrill analyst Steve Hochberg to a packed audience of some of San Francisco's top independent investors.
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Wednesday, August 05, 2015
Another Stock Market Extreme: IPOs' Lack of Accounting Standards - Video / Stock-Markets / Stock Markets 2015
by Steve Hochberg, Elliott Wave International's Chief Market Analyst
Last month at the San Francisco Money Show event for investors and traders, Steve Hochberg, Elliott Wave International's Chief Market Analyst, addressed the audience with a series of eye-opening insights.
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Wednesday, August 05, 2015
Locks On to Unusual Stock Bargains at Today's Oil Prices / Commodities / Oil Companies
To profit in the current oil and gas space, investors have to move down the food chain to find "unusual bargains," says Randall Abramson, CEO and portfolio manager with Toronto-based Trapeze Asset Management. Abramson expects global demand to return oil to $75–85/barrel inside 12 months, which means you won't have to wait long to see those bargains rise with the tide. In this interview with The Energy Report, Abramson discusses several bargains in the junior oil and gas space, as well as a handful of serviceable service names.
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Wednesday, August 05, 2015
Fed Lunacy is to Blame for the Coming Stock Market Crash / Stock-Markets / Financial Crash
This week John Hussman's pondering about the state of our markets is as clear and concise as it's ever been. He starts off by describing the difference between an economy operating at a low level versus a high level. He's essentially describing a 2% GDP economy versus a 4% GDP economy. We have been stuck in a low level economy since 2008. And there is one primary culprit for the suffering of millions - The Federal Reserve and their Wall Street Bank owners. They are the reason incomes are stagnant, the labor participation rate is at 40 year lows, savers can only earn .25% on their savings, and consumers have been forced further into debt to make ends meet. Meanwhile, corporate America and the Wall Street banks are siphoning off record profits, paying obscene pay packages to their executives, buying off the politicians in Washington to pass legislation (TPP) designed to enrich them further, and arrogantly telling the peasants to work harder.
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Wednesday, August 05, 2015
The Four Real Reasons Crude Oil Prices Are Slipping / Commodities / Crude Oil
MoneyMorning.com Dr. Kent Moors writes: As I write, I am flying from Kansas to Baltimore. I’ll be visiting Money Map Press headquarters to discuss some exciting developments we’ll tell you about shortly.
But today’s Oil & Energy Investor is all about where I have just been…
Years ago, a legendary wildcatter told me you have to smell the crude and get it under your fingernails before anybody should call you a genuine oilman.
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