Wednesday, September 09, 2015
Four Stock Market Black Monday Takeaways Wall Street Hopes ETF Investors Never Understand / Stock-Markets / Exchange Traded Funds
MoneyMorning.com Keith Fitz-Gerald writes: Exchange-traded funds – ETFs for short – are billed as among the most investor-friendly products ever created, thanks to low fees, intra-day pricing, and unprecedented flexibility versus the mutual funds they’ve ostensibly “replaced.”
In reality, ETFs are yet another Wall Street creation designed to separate you from your money.
Proponents will undoubtedly cry foul as will many Wall Street professionals when they read this. That’s understandable – they’ve got a lot to lose. According to Morningstar, there are more than 1,400 ETFs trading in U.S. markets, holding an estimated $3 trillion in assets. In 2005 that figure stood at $300 billion. In 1990 it stood at nothing.
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Wednesday, September 09, 2015
Should You Consider Investing In Penny Stocks? / Companies / Investing 2015
Penny stock investments are so popular among new investors because of the huge success stories that appeared in the past with companies like Apple or Google. When these companies opened to the public, the shares were really cheap. For instance, one Apple share was $22 in 1980. As time passed, these companies ended up making a lot of money for those that invested. Unfortunately, something like this rarely happens.Read full article... Read full article...
Wednesday, September 09, 2015
Why the Greeks Should Repudiate Their Government’s Debt / Interest-Rates / Eurozone Debt Crisis
Simon Wilson writes: In apportioning blame for the Greek government debt crisis, it would be difficult not to lay the major share on Greece itself. With government jobs paying three times the private sector average, a national rail service with a wage bill four times its annual revenue, a public pension system that would pay out generous benefits at fifty for anyone classified as working in “arduous” professions like hairdressing, there is no shortage of taxpayer-funded largesse running rampant through Greek society.
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Wednesday, September 09, 2015
Stock Market Back to the Triangle / Stock-Markets / Stock Markets 2015
Good Morning!
If we are to believe the Premarket, SPX is now approaching mid-Cycle resistance at 1995.04. Of course, this is all in very light volume in the futures, but the only wave that has this capability and position is a (rogue) Wave E.
This has caused me to re-assess the Wave structure yet again. Wave D has 11 waves, which is corrective.
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Wednesday, September 09, 2015
New Labour Leader - 12 Suggestions for Transforming UK / Politics / UK Politics
Compass has today written an open letter to the new Labour leader with 12 suggestions for how they could use their office to to build firm foundations for the political transformation of our country. The open letter addresses the three main powers that the leader will have to develop if it wants to build a lasting political project - the power through the party, the power to convene and the power to reframe the debate:
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Wednesday, September 09, 2015
Four Easy Steps to Banish Fear and Change Your Life, Today / Politics / Social Issues
Wednesday, September 09, 2015
Fed Interest Rate Tightening Cycles and USD Performance / Interest-Rates / US Interest Rates
Is the peak of the US dollar behind us? Depending on your USD measure of choice, the dollar may have already peaked, when using EUR and JPY, the two largest and most liquid currencies aside from the greenback. If the bulk of the USD bull market starting in summer 2014 was based on heightened expectations of a Fed hike, then would an actual Fed hike signal the peak of the US dollar? Here is our analysis on the response of the US dollar to each of the last three Fed tightening cycles (1994-1995, 1999-2000 and 2004-2006). One common theme was found.
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Wednesday, September 09, 2015
September Stock Market Crash Cycle / Stock-Markets / Financial Crash
All experienced stock market experts are proficient in the concept of economic cycles. While they may not always predict the future, their study of time relationships to trends and prices are important factors in reading the market. Just remember, markets are rigged so adherence to ridged oscillations for predicting the movement of financial instruments is not a pure science.
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Wednesday, September 09, 2015
Job Quit Rates and Recessions / Economics / Recession 2015
Looking for Greener Pastures?
A Chicago Fed report investigates Job Switching and Wage Growth.
Read full article... Read full article...People generally switch jobs by quitting (rather than losing) their previous job. Furthermore, the vast majority of people observed quitting their job tend to move directly to a new job, rather than becoming unemployed or exiting the labor force. Therefore, estimates of worker quits provide a good measure of job switching in the U.S. economy.
Wednesday, September 09, 2015
Immigration: A Political and Economic Issue / Politics / Immigration
Donald Trump has successfully placed immigration at the center of the U.S. Presidential election. But while the issue is still largely a debating point in the United States, it has quickly and violently become a life and death issue for the European Union, which is in the midst of the most significant immigration and refugee crisis since the Second World War.
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Wednesday, September 09, 2015
Stock Market Crash Sees the Fed Lost Half Its $4 Trillion Bet in 1 Week / Stock-Markets / Quantitative Easing
Since the financial crisis, central banks have injected trillions of dollars into the global economy. Their goal: to offset the natural downturn from slowing demographic trends and the crushing debt loads of the greatest credit bubble in history.The Federal Reserve alone has created $4 trillion in QE since late 2008. They tried to solve an unprecedented debt crisis by adding more debt.
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Wednesday, September 09, 2015
US Housing Market - It's 2008 All Over Again / Housing-Market / UK Housing
You might have thought it was a good idea when the government started taking all the profits of the Federal National Mortgage Association (FNMA, or Fannie Mae) and the Federal Home Loan Mortgage Corporation (FHLMC, or Freddie Mac).After all, the two quasi-private mortgage insurance giants had sucked a lot of profit out of the markets over the decades, and then required over $180 billion in bailout money from taxpayers. Why not get a little of the bailout cash back, right?
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Tuesday, September 08, 2015
Abenomics Stalls, So What’s Japan Supposed To Do Now? / Economics / Japan Economy
It was just three years ago that new Prime Minister Shinzo Abe promised to pull Japan out of its “lost decades” by printing epic amounts of new yen. He got what he wanted from the Bank of Japan, which bought up pretty much all the available government debt with newly-created currency. After hardly changing at all in the previous seven years, the BoJ’s balance sheet — a proxy for its money creation — tripled.
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Tuesday, September 08, 2015
When Stock Market Volatility Is Your Best Friend / Stock-Markets / Stock Markets 2015
Marc Lichtenfeld writes: Most people who talked to me about the market last week were shaking their heads, trying to make sense of the extreme up-and-down moves. But a few smart investors simply shrugged their shoulders and said, “I don’t care. I’m selling the volatility, so it’s been great for me.”
What they mean is that they are selling options - calls and puts. And they’re not selling them to close positions. They’re starting new ones, but selling first and buying them back when they’re cheaper.
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Tuesday, September 08, 2015
One of the Best Opportunities When the Stock Market Recovers / Stock-Markets / Stock Markets 2015
Tuesday, September 08, 2015
Stock Market Forecast / Stock-Markets / Stock Markets 2015
For some time now, I have been observing bearish “cracks” appearing within the stock markets. The speed of the market’s drop, during the month of August, came as no surprise to me.
The bear market rally ended last week, after it had a 50% retracement of its initial decline. By Friday, September 4th, 2015, the index was trying to hold on, so as to support that which was created by a critical short- term trend line that had already been violated. The DJIA weekly chart gives a good argument by expressing the view that a bear market may already have begun.
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Tuesday, September 08, 2015
The Most Important Geopolitical Trend of the Next Decade…Here’s How to Profit / Politics / GeoPolitics
By Nick Giambruno
The bloodbath was merciless.
In 1842, 16,500 British soldiers and civilians withdrew from Kabul, Afghanistan. Only one would survive.
It was the most humiliating military disaster in British history. The death toll sealed Afghanistan’s reputation as “the graveyard of empires.”
It was the desire for control of Central Asia that sucked the British Army into its Afghan disaster.
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Tuesday, September 08, 2015
Muddling Through Shanghai Stock Market and Chinese Economy / Stock-Markets / Chinese Stock Market
“He who knows when he can fight and when he cannot, will be victorious.” – Sun Tzu
A couple of weeks ago I was complaining about 47,000 China reports clogging my e-mail. The number now feels like it is well into six figures (perhaps a slight exaggeration). Maybe my memory is going, but there wasn’t nearly as much China talk on the way up. Funny how that works.
Is China collapsing? I think parts of China are under severe pressure if not outright recession, and clearly the stock market is a disaster. Anyone who bought Shanghai or Shenzhen stocks on margin this year is probably on the brink.
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Tuesday, September 08, 2015
7 Reasons the Stocks Bear Market Has Just Begun / Stock-Markets / Stocks Bear Market
On March 10th 2009 the US stock market hit an intraday low and put in the now-famous “Haines bottom”--coined after my friend, the late great Mark Haines, who made one of the most prescient calls in market history. It should be noted by the time that fateful day arrived it was virtually impossible to find a single bull out of all the geniuses on Wall Street.
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Tuesday, September 08, 2015
Crude Oil, Silver, Gold and Real Money / Commodities / Gold and Silver 2015
I’m not convinced!
- Supposedly crude oil prices will stay low for a long time and perhaps drop into the $20’s. The Internet is filled with reasons explaining why crude oil prices will drop. A few are:
- Saudi Arabia is a swing producer and will provide what the world needs, regardless of price, because Saudi Arabia needs the revenue and employment for its people.
- Iranian oil will soon hit the market and provide even more supply.