Thursday, November 12, 2015
Global Stocks Bull Market Breadth / Stock-Markets / Stock Markets 2015
Strong bull markets normally have a broad participation or breadth base. When that breadth starts to narrow, the short-term outlook for a continuation of the upward trend comes into question.
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Thursday, November 12, 2015
Stock Market Trying To Unwind.... / Stock-Markets / Stock Markets 2015
would allow for another move higher once the stochastic's and MACD have moved low enough. Nothing impulsive as the market sells, which is key to understanding what type of selling is taking place. Whether it's truly bearish selling or the type of selling that will allow for the markets to try higher once again in time. So far the bulls have to like the process, but it shouldn't be over quite yet. While we can still rally some, the process of moving lower should still have some decent energy left.
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Wednesday, November 11, 2015
Israel Detaining and Imprisoning Palestinian Children for Political Reasons / Politics / Israel
Israel doesn’t just violate inviolable international laws. It smashes, tramples on and ignores them, writing its own rules, setting its own standards, doing whatever it pleases, consistently justifying the unjustifiable - longstanding rogue state practice.
It treats children like adults, already abducting, detaining and imprisoning them for political reasons.
America and Israel are the only two nations incarcerating young children for life without parole (LWOP). It’s a 1989 Convention on the Rights of the Child (CRC) signatory, mandating protection for their rights, safety and welfare - “without discrimination of any kind,” regardless of “race, colour, sex, language, religion, political or other opinion, national, ethnic or social origin, property, disability, birth or other status," including their "right to life…survival (and) development.”
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Wednesday, November 11, 2015
The US Dollar Rally Could Trigger a $9 Trillion Debt Implosion / Currencies / US Dollar
The US Dollar rally, combined with the ECB’s policies and the Fed’s hint at raising rates in December, is at risk of blowing up a $9 trillion carry trade.
When the Fed cut interest rates to zero in 2008, it flooded the system with US Dollars. The US Dollar is the reserve currency of the world. NO matter what country you’re in (with few exceptions) you can borrow in US Dollars.
And if you can borrow in US Dollars at 0.25%… and put that money into anything yielding more… you could make a killing.
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Wednesday, November 11, 2015
How to Engineer a Strong Portfolio with Medtech and Biotech / Companies / BioTech
Zacks Small-Cap Research analyst Anita Dushyanth is a bioengineer with an R&D background, which comes in handy as she researches up-and-coming companies in the medtech and biotech sectors. In this interview with The Life Sciences Report, Dushyanth focuses on four small- and micro-cap specialty pharma and device names with engineering tie-ins, and she expects all to produce exciting results for investors.
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Wednesday, November 11, 2015
Social Security The Long Slow Default / Politics / Government Spending
Kirby R. Cundiff writes: When an investor buys an annuity or another retirement product from an insurance or mutual fund company, the contract is constant and enforceable through the United States court system. When a United States taxpayer is forced to pay for a government backed retirement system such as the Old-Age, Survivors, and Disability Insurance program (OASDI) — also known as Social Security — the “contract” can be, and is, changed on a regular basis by the United States government, and those changes are generally not to the benefit of the taxpayer.
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Wednesday, November 11, 2015
SPX is Challenging Short-term Resistance / Stock-Markets / Stock Markets 2015
SPX Premarket appears to be challenging Short-term resistance at 2085.85. The futures were higher, but the retracement appears to be complete and SPX is backing away from its before-hours highs. The futures often have a different shape than the cash markets, but essentially the same overriding Wave pattern. The Wave pattern appears to be in need of another probe higher.
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Wednesday, November 11, 2015
Oops The Feds Did it Again- Are They Setting up The Masses for Another Stimulus Program / Economics / Economic Stimulus
"I guess the definition of a lunatic is a man surrounded by them." ~ Ezra Pound
Is the Fed playing mind games with the masses or is it simply another version of Britney Spears hit song "Oops I did it again"? Only this time they did not. They keep mouthing off that they are ready to raise rates and then suddenly just before the moment to pull the trigger draws near; some unforeseeable event springs up, and they kick the can down the road again. Two questions comes to mind.
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Wednesday, November 11, 2015
Japanese Bonds Yield of Dreams? / Interest-Rates / Japanese Interest Rates
Why Japan's long-battered bond market may be gearing up for a comeback
Saber-tooth tiger. Wooly mammoth. Japanese government issued bonds?
Well it's happened. After years of enduring an unrelenting bear market (marked by plunging yields and rising prices) -- the long-battered Japanese government bond has made it on to the endangered financial species list.
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Wednesday, November 11, 2015
The American Way of Endless Wars / Politics / US Politics
America is addicted to endless direct and proxy wars of aggression. Peace is anathema, social justice discarded to devote national resources to warmaking and militarizing the homeland.
Washington’s criminal class is bipartisan. Duopoly power rules, one party with two wings, serving monied interests exclusively, not a single identifiable administration, congressional or top-level judicial profile in courage, all in lockstep with what makes America the most feared and hated of all nations.
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Wednesday, November 11, 2015
Silver Price Slide in Early Phase / Commodities / Gold and Silver 2015
Commodity deflation has left no stone unturned and precious metals have not come away unscathed. Although promising as a store of value, recent moves by the Federal Reserve have seen some uncertainty surrounding Central Bank decision-making abate. Confidence in a December rate hike is high following a blockbuster jobs report that saw nonfarm payrolls surge to the highest level since December of 2014. Although current Fed Funds futures are rising towards the 70% threshold for liftoff at the mid-December FOMC meeting, the pressure is on for precious metals. A weak consumer inflationary dynamic combined with far-reaching commodity deflation is seeing investors abandon haven assets in favor of yield.Read full article... Read full article...
Wednesday, November 11, 2015
Rejecting the Keystone Pipeline / Commodities / Crude Oil
All thinking and rational students of economics and political policy should take note of the triumphed message sent out by the CREDO Action progressive group. The strategy to organize a massive civil disobedience confrontation has been absent from the public square for far too long. However, when the cause is so ill founded and based upon foolish economic realities, the protesting activists need to rethink their falsely placed suppositions.
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Wednesday, November 11, 2015
Is There a Bright Spot in Energy Commodities? / Commodities / Energy Resources
Demand for commodities is in the doldrums, but the fundamentals of uranium and lithium are favorable when compared with other materials, says Paul Renken, mining analyst for VSA Capital Ltd. In this interview with The Energy Report, Renken notes that rising demand for batteries will soon exert pressure on lithium production capacity and that well-placed uranium juniors are in position to meet demand from nuclear power plants now in development. Investors must be patient, but diligent selection will be rewarded.
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Wednesday, November 11, 2015
BOA's Moynihan: U.S. Consumer Spending Strong in October / Economics / US Economy
Brian Moynihan, Bank of America CEO, spoke with Bloomberg Television's David Westin today about the risks facing the banking industry and the state of the global economy.
Moynihan on U.S. consumer spending: "October is probably one of the strongest months this year relative to October of last year…It's a strong economy…Unemployment levels are down, and wage growth is picking up. That’s all good. Now the question is, what can derail that. And that’s what we have to pay attention to."
Tuesday, November 10, 2015
What is Needed for a Stocks Bear Market Scenario / Stock-Markets / Stocks Bear Market
Wave (i) is jumbled and overlapping, but there are 5 clear waves. Leading Diagonal Waves may account for that. Wave (iii) is cleaner and a bit more convincing as an impulse. However, what we don’t want to see is Wave (iv) overlapping Wave (i) at 2083.74. Wave (iv appears to be an a-b-c correction. Wave a went to 2083.09, while Wave c went to 2083.67. An impulsive decline without overlapping 2083.74 with a bounce to the vicinity of Short-term resistance at 2086.85 would be needed to set up the bear market,
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Tuesday, November 10, 2015
Portugal Government Resignation Is Potentially A Very Big Deal / Politics / Euro-Zone
Portugal has entered a phase change, with potentially huge ramifications.
After handing a parliamentary majority to a coalition of leftist (i.e., anti-austerity, anti-euro, anti-NATO) parties, and then trying to prevent them forming a government, the country now looks likely to stand back and let it happen. Here’s an update from today’s Wall Street Journal:
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Tuesday, November 10, 2015
10-year US Treasury Note / Interest-Rates / US Bonds
The rate on the 10-year US Treasury Note (ticker symbol TNX) had its best week since June last week with a gain of 8.46% to close at 23.33. It even printed an engulfing bullish candlestick on Friday.
Most of the week’s gain came on Friday’s strong non-farm payroll report. The breakout from the June bear trendline would seem to open the door for a return to the June high near 24.75 but…
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Tuesday, November 10, 2015
Top in Bitcoin Price Might Be behind Us / Currencies / Bitcoin
In short: short speculative positions, target at $153, stop-loss at $515.
Nobel Prize winner Eugene Fama has recently expressed his views on Bitcoin in an interview with the Bitcoin Uncensored Podcast:
Read full article... Read full article...BU [Bitcoin Uncensored]: If you're carrying that much cash, you probably would want the anonymity features of bitcoin. On another note, why do we have 2% processing charges on credit cards you would say? If in fact the cost of moving money is zero.
Tuesday, November 10, 2015
The Business Cycle Is Winding Down / Economics / Recession 2016
From April through October, I race a 37-foot sailboat every Thursday night. The course changes weekly, and ranges from three to seven miles long, depending on the wind.Before the race, we review the course and weather conditions and decide our strategy for the starting line. During the race, we generally enjoy the sail and competition, with only the occasional bout of yelling. We also enjoy a good beer, while on the boat and afterwards when we retire to the local Irish pub.
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Tuesday, November 10, 2015
One of the Greatest Deceptions of Our Time? / Stock-Markets / Stock Markets 2015
This has been weighing heavily on my mind lately.Recently I've discussed how politicians don't understand the economy. They don't understand innovation – the fact that it comes out of challenge, and that without occasional crisis, the economy can't rebalance and run as it should.
So it's no coincidence that the two great innovations of modern economics both emerged out of a different kind of crisis or challenge – a revolution, a challenging of the status quo.
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