Wednesday, October 14, 2015
Walmart Stock Craters On Profit Warning - The Fatal Blindness of Greed / Companies / Corporate Earnings
"America's great now -- it's never been greater.
Our kids are going to live so much better than we do now." Warren Buffett
“Among 21 countries in the study the U.S. ranks second-to-last in the percentage of its GDP spent on benefits for families, despite one of the highest relative child poverty rates of the comparable high-income countries. [only Turkey was worse because it failed to provide any data]” Child Trends, World Family Map 2015
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Wednesday, October 14, 2015
For Corporations And Hedge Funds, The Next Recession Is Already Here / Companies / Recession 2015
Wal-Mart just announced flat year-over-year sales, causing its shares to fall by 9% and wiping $20 billion from its market cap. Which would be unremarkable if the disappointment was an aberration. But it’s not. Earnings season is off to a brutal start, with big names announcing big misses all over the place. Meanwhile, the rare good numbers are mostly the result of blatant (and therefore ineffective) financial engineering. Some examples:
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Wednesday, October 14, 2015
Forget the Yield Curve- Banks Stocks Are a Bargain / Companies / Banking Stocks
A wise man will make more opportunities than he finds. - Francis Bacon
The press is giving too much credence to the effect an interest rate hike would have on the markets and on the financial sector. First of all, the fact that the Fed has been debating whether or not to raise rates by a paltry meaningless 0.25 basis points speaks volumes. The Fed clearly understands that this recovery is nothing but smoke and mirrors; the main driving force behind being hot money.
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Wednesday, October 14, 2015
US Interest Rate Hike Odds For March 2016 Fall Below 50% / Interest-Rates / US Interest Rates
3rd Quarter GDP Forecast Slips to 0.9%
Following today's retail and business sales reports, the Atlanta Fed GDPNow Forecast for third quarter GDP slipped 0.1 percentage points to 0.9%.
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Wednesday, October 14, 2015
Gold Price Forecast to End 2016 at $1,400 an ounce / Commodities / Gold and Silver 2015
Gold prices are headed for a critical test according to The Week today. The Federal Reserve’s ‘wait and see’ stance suggests policymakers there are in no rush to increase rates this year. “Sentiment over interest rates has been controlling gold prices all year,” says The Week “as traders prepare for a rise that will lessen the attraction of non-yielding commodities and boost the dollar”.
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Wednesday, October 14, 2015
Startup Expenses Business Owners Usually Overlook / Companies / SME
Opening a startup is a dream for many. While it is so complicated to make that first step, it is even tougher to move forward and actually manage to get all the cash that you need in order to succeed on the long run. We have to understand the fact that many hurdles appear for the business manager that opens a startup. Unexpected expenses can always appear and the most common ones mentioned below are normally forgotten by aspiring entrepreneurs.
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Wednesday, October 14, 2015
Gold Stocks – Why Now? / Commodities / Gold and Silver 2015
I have become more and more positive towards Gold STOCKS since the summer.
As my readers know, I went on a gold mining shopping spree on August 6th 2015, when I wrote:
As I wrote 3 days ago, Gold miners have been punished really hard. Maybe a bit too hard.
Therefore I went on a gold mining shopping spree today when the markets opened.
Wednesday, October 14, 2015
The 2 Most Important Keys to Successful Trading / InvestorEducation / Learn to Trade
Examples from Whole Foods Market (WFM) and Reynolds American, Inc (RAI) show you what to do (or not) to trade successfully with Elliott.
After 20 years of experience applying Elliott wave analysis in real markets, our Senior Analyst Jeffrey Kennedy says that it remains the only tool that will tell him -- down to the tick, to the pip, even to the penny – when his forecast is no longer viable.
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Wednesday, October 14, 2015
Stock Market Aggressive Sell Signals in Place / Stock-Markets / Stock Markets 2015
SPX has finally reversed beneath its trendline. This morning was a false break, due to a small Megaphone formation that resulted in a new high. It is now on an aggressive sell signal.
I re-calibrated the Primary Cycle Pivot dates and, although there was a PC Pivot on 10-6, the turn was made today, 4.3 market days later. In fact, the Cycle Top happened on a PI Hour (67.5, which is divisible by 3.1416 and 4.3). This would be expected from a rally that has a Megaphone ending and a Wave (B). Wave B of any degree may be a rogue wave in outliving its expectations. Investors are still bullish, despite only exceeding Wave (A) by only 1.52 points. In Elliott Wave parlance, this is a flat correction, due to the flat top.
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Wednesday, October 14, 2015
China To Continue Expanding Its Influence In The Oil And Gas Sector / Commodities / Energy Resources
Since 2009, China has been taking a much more active role in its pursuit of international oil contracts. In 2009, for the first time, Saudi Arabia exported more of its oil to China than it did to the U.S. China also made large investments in Saudi Arabia's oil refining industry as well. But China's oil investments didn't stop there; they also pursued oil producing Canadian assets in 2011-12.Read full article... Read full article...
Wednesday, October 14, 2015
Climate Change, Renewable Resources and Economics / Politics / Climate Change
Many socialists have conveniently repackaged themselves as environmentalists and latched onto climate change as a convenient means to preach the standard socialist agenda of planning and control.
These socialists will talk about glaciers retreating and the need to force farmers in Normandy, for example, to stop running their tractors on Tuesday. Anyone who questions the basic precepts of climate change are instantly viewed as ignoramuses who deny the overwhelming scientific evidence that climate change exists.
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Wednesday, October 14, 2015
1987 Stock Market Crash - The Day the Dow Puked / Stock-Markets / Financial Crash
Readers who have received a copy of this month's Lindsay Report are aware of the Hybrid Lindsay forecast for a high on Oct 19 (a high, not the next high). The "high" on that date may be the end of a short uptrend or it may be the end of a consolidation that precedes a sharp drop in equities.
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Wednesday, October 14, 2015
Gold Prices Will Rise Because … / Commodities / Gold and Silver 2015
A) War in Syria, Ukraine, Middle East, South China Sea and other places seems more likely each month. History shows that wars are inflationary, commodities increase in price, and governments finance wars with debt and fiat currency. We want higher gold prices and no war, but the “powers-that-be” will do what is necessary to increase their power and wealth, and if that requires war, then expect more war.
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Tuesday, October 13, 2015
VW's Scandal Comes at a Bad Time For Germany / Companies / Germany
The German economy has been nothing if not impressive. In the face of ugly economic circumstances across Europe, this country held fast to fiscal discipline while staying on track with exports. Hence, Germany ran budget surpluses for the last three years and has a cost of capital so low that its bond yields rival that of Japan.Then, out of nowhere, comes a claim of corporate cheating that rocked iconic Volkswagen, the “People’s Car” company, maker of the famous Beetle.
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Tuesday, October 13, 2015
Why Millennials Are So Different / Politics / Demographics
I have three step kids. Two are generation X. The youngest is generation Y.Just looking at them, you can tell a clear difference in their personalities and aspirations.
My older step kids are more individualistic. The younger one is more oriented to the group and collective interests.
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Tuesday, October 13, 2015
Unhealthy, Not Wealthy, and Far from Wise, The Changing Healthcare World / Companies / Healthcare Sector
“The first wealth is health.”– Ralph Waldo Emerson
“Man needs difficulties. They are necessary for health.” – Carl Jung
Decisions, decisions. Many Americans will have to make a big one in the next 60 days or so. How you decide will affect both your health and your wallet. Hospital management and doctors are seeing significant differences in the trends of patient care and are moving to adapt. Some of the changes they implement are going to create significant economic impacts on households and local communities.
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Tuesday, October 13, 2015
Which Is The Better Investment - Gold Or The Dow? / Commodities / Gold and Silver 2015
As far as I'm concerned, the only way to answer the question of which is the better investment between gold and the Dow Jones Industrial Index is to analyse the chart of the Dow expressed in gold. So, let's do just that using the monthly and weekly charts of the Dow/Gold ratio.
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Tuesday, October 13, 2015
Stock Market Initial Projection Reached (Short-Term Top Expected) / Stock-Markets / Stock Markets 2015
Current Position of the Market
SPX: Long-term trend - Bull Market?
Intermediate trend - SPX is in the midst of an intermediate correction (at least).
Analysis of the short-term trend is done on a daily basis with the help of hourly charts. It is an important adjunct to the analysis of daily and weekly charts which discusses the course of longer market trends.
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Tuesday, October 13, 2015
Gold Signals The End Of This Monetary Era / Commodities / Gold and Silver 2015
Gold remains our best means of economic measurement. It is not a perfect, but it is our best. Due to its monetary properties, gold can be used to measure wealth across generations.
Just like we have the sun and moon to discern the times and seasons, I believe, we have gold to discern changes in wealth. It is interesting that the sun is often compared to gold, and the moon to silver. Just like a day in the Middle Ages is comparable to a day in this century, an ounce of gold in the Middle Ages is comparable to one today.
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Tuesday, October 13, 2015
Brainard's Wake-up Call to Fed on U.S. Rate Hike Calls / Interest-Rates / US Interest Rates
The growing inverse correlation between the frequency of Fed speeches and uniformity of the message on monetary policy action cannot be ignored. The newest member of the Federal Reserve Board of Governors hasn't made too many speeches, but her message has been on point since her first speech in June.
In her speech yesterday, Lael Brainard, Federal Reserve Governor since June of this year, dealt a prominent blow to the hawks at the Fed, by contradicting three major premises upon which calls for a 2015 rate hike are built. Having served as Undersecretary of the Treasury for International Affairs for over three years, she knows a few things about international developments. Here are some of the central points of her speech:
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