Thursday, August 27, 2015
How to Profit from China's Currency War / Currencies / Currency War
By: ...
MoneyMorning.com 
Peter Krauth writes: The People’s Bank of China uses its massive reserves to buy or sell the yuan to maintain a desired exchange rate. It’s been pegged to the U.S. dollar in some way for decades.
So, a strong dollar has often meant a strong yuan.
That hurts Chinese exports, and it’s been a sticking point in China’s ongoing negotiations to secure the yuan’s “reserve currency status” at the International Monetary Fund (IMF).
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Thursday, August 27, 2015
How China's Currency Policies Will Change the World / Currencies / China Currency Yuan
By: STRATFOR
The recent fluctuations in China's currency typify the best and worst of a globalized world, where developments in one place can instantly change the political and financial calculations of governments in others. For most of human history, the communities, cultures and economies of the world existed independently of one another, separated as they were by vast distances and difficult terrain. It would, for instance, take months or even years for news of China to reach Europe across the great Silk Road trading route during the height of its use some 1,000 years ago. Even then, the communities along that route could hardly be considered entirely coherent.
Thursday, August 27, 2015
Crude Oil Price One-day Rebound or Something More? / Commodities / Crude Oil
By: Nadia_Simmons
Trading position (short-term; our opinion): Short positions with a stop-loss order at $45.32 and profit-take order at $35.72 are justified from the risk/reward perspective.
On Tuesday, crude oil gained 4.15% after China's central bank cut interest rates. Thanks to this news, light crude reversed and invalidated Monday’s breakdown under the support line. Despite this move, the commodity still remains under the barrier of $40. Will it stop further improvement in the coming days?
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Thursday, August 27, 2015
Chinese Medicine not Impressing Dr Copper / Commodities / Copper
By: Dan_Norcini
Dr. Copper apparently does not approve of the prescription ordered by the Chinese authorities to stem the slowdown in that nation, namely another 25 basis point interest rate reduction and a lowering of bank reserve requirements.
The red metal cannot sustain any upside action for long before sellers emerge to whack it again.
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Thursday, August 27, 2015
Stock Market Relief Rally... End Of Pullback Or More To Come? / Stock-Markets / Stock Markets 2015
By: Jack_Steiman
Today pretty much went as expected. Dramatically oversold conditions not seen in basically forever. A six-day down move that was historic in nature, and caused daily index-chart RSI's to get well below 20, which is extremely rare. The futures were up big yesterday into the same type of oversold conditions, but nearly five-hundred points worth of Dow gains ended the day with two-hundred points worth of losses.
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Thursday, August 27, 2015
Why Are "Bank Holidays" Always Announced on Sunday? / Personal_Finance / Credit Crisis 2015
By: MoneyMetals
David Smith writes: On Sunday, June 29, the Associated Press ran the following headline: "Greek Banks will not open Monday."
After a lengthy cabinet session, it was decided that Greek banks would remain closed for 6 working days, along with restrictions on cash withdrawals. In addition, financial sector officials confirmed the Athens Stock Exchange would not open the following week.
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Thursday, August 27, 2015
Novel Biotech Novel Technology Platforms with Dramatic Growth Potential / Companies / BioTech
By: TLSReport
In the past five years, development of new therapies has aimed for true disease modification and actual cures. Many novel ideas are now in the clinic, and have opened up fresh opportunities for dramatic industry growth, especially in the gene and cellular therapy realm. In this interview with The Life Sciences Report, David Nierengarten of Wedbush Securities brings a handful of select names to investors' attention, including a couple of companies with technologies that could revolutionize medicine.
The Life Sciences Report: You are a molecular and cell biologist, but you've been in the world of finance now for about a dozen years. What attracted you to finance?
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Thursday, August 27, 2015
China Stocks Bear Market Crash, Are We Near the Bottom Yet? / Stock-Markets / Chinese Stock Market
By: Nadeem_Walayat
China's stock market meltdown that began Mid June from a SSEC trading high of 5,200 had paused under the weight of heavy the Chinese government interventions that in total amount to over $400 billion thrown at the stock market in an attempt to bring the selling to a halt. However, all of that literally went up in smoke along with one of China's largest ports which literally exploded revealing behind the truth of what the Chinese economy is, a mere mirage of the picture of strength and stability that communist party propaganda has been successfully propagating.
Wednesday, August 26, 2015
Stock Market Crash Black Wednesday Rally Crushes the Bears / Stock-Markets / Stock Markets 2015
By: Nadeem_Walayat
The mainstream financial press and blogosfear has been full of relentless stories all week painting a picture of doom and gloom. Even the usually buoyant CNBC air heads that usually sit smack middle on the fence, today had turned bearish with expectations at mid US trading today for the days stocks rally to soon run out of steam and reverse to a down close much as the Dow did yesterday. Instead what did the stock market do? It did CRASH, but it was to the UPSIDE! For if falls of 3.5% have been reported on in the press as a CRASH with headlines of Black Monday, then an greater upwards daily move of 619 points, 3.95% should surely be reported upon as a stock market crash to the upside!
Wednesday, August 26, 2015
VIX Shorts Being Squeezed While SPX Prepares for Another Decline / Stock-Markets / Stock Markets 2015
By: Anthony_Cherniawski
Today’s SPX managed to stay in the black, but it’s a Pivot day. This bounce is not a good omen for the market for that reason and the fact that it remains under the hourly Cycle Bottom resistance at 1923.36.
It gives us confirmation of the Wave structure illustrated on the chart. A Wave [iii] would continue to stay under Cycle Bottom resistance, while Wave [iv] may venture inside and Wave [v] ride above the Cycle Bottom until completion.
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Wednesday, August 26, 2015
Why China's Economy is Deteriorating / Economics / China Economy
By: Steve_H_Hanke
The plunging Shanghai Stock Exchange and the sudden reversal in the yuan’s appreciation have caused fears to spread beyond China’s borders. Is something wrong with the world’s growth locomotive? In a word, yes.
The most reliable approach for the determination of nominal gross domestic product (GDP) and the balance of payments is the monetary approach. Indeed, the path of an economy’s nominal GDP is determined by the course of its money supply (broadly determined).
Wednesday, August 26, 2015
Citizenship as a Weapon: Travel Controls and What You Can Do About It / Politics / Social Issues
By: Casey_Research
By Nick Giambruno
It’s an extremely potent weapon, yet most are not even aware of its existence.
That is, unless they have been unfortunate enough to be on the receiving end of it.
The weapon I’m referring to is travel controls, also known as people controls. It’s the power any government has to limit the ability of its citizens to travel. They do this by restricting the issuance of travel documents like passports.
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Wednesday, August 26, 2015
China Stock Market Shanghai Composite Index Update... / Stock-Markets / Chinese Stock Market
By: Clive_Maund
The Chinese market is of interest to us not because we necessarily want to trade it, but because of its effect on other world markets. Its heavy drop on Monday morning contributed to the rout on Wall St later in the day. The Chinese economy is a massive Ponzi scheme that is threatening to implode, with grave implications for the world economy.
Wednesday, August 26, 2015
Gold and Silver - How To Manipulate a Market / Commodities / Gold and Silver 2015
By: Jesse
There will be an option expiration tomorrow for precious metals on the Comex.
Gold and silver were hit in the classic contract dump early on in the New York Trade.
Surprisingly the US dollar also fell. Stocks tried to stage a rally but faded badly and fell into the close.
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Wednesday, August 26, 2015
How to Make a Quick 20% When the Stock Market Crashes / Stock-Markets / Financial Crash
By: Investment_U
Marc Lichtenfeld writes: Have you ever gotten into an argument or fight with someone who goes from calm and rational to nuclear in an instant? It’s scary.
In my life, the few scraps I’ve gotten into took the typical course. A heated debate leads to name-calling and threats. Finally, one guy pushes the other and it’s on.
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Wednesday, August 26, 2015
NYA Stocks Index Drops to Very Oversold Levels / Stock-Markets / Stock Markets 2015
By: Marty_Chenard
You probably recall that we we discussed the NYA's triangular pattern last week ... and then made comments about the market being in a very high risk condition and that investors should be careful.
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Wednesday, August 26, 2015
UK Re-mortgaging Hits a Four-year High / Housing-Market / Mortgages
By: MoneyFacts
Charlotte Nelson, Finance Expert at Moneyfacts.co.uk, comments:
“With many borrowers taking advantage of the record low rates on the market, it’s little wonder that approvals for remortgages are at a four-year high.
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Wednesday, August 26, 2015
Financial Mistakes That Many Entrepreneurs Make / Companies / SME
By: Boris_Dzhingarov
In the modern world, success is mostly measured by profitability but this is a concept that is quite elusive. The main idea is to basically bring in more than is spent. It does seem simple enough but at the end of the day, entrepreneurs make mistakes and end up not being able to succeed in increasing profits to a high enough level. It is normal that start-ups fail but you can avoid a lot of the failure by simply avoiding the following really common mistakes.Read full article... Read full article...
Wednesday, August 26, 2015
Economic Nationalism: Alternative to Globalism / Politics / Social Issues
By: BATR
Ivory tower economists, corporate business analysts and financial experts routinely trash any discussion that America needs to institute a national economic policy that actually benefits our own country. The mantra of unchallenged doctrine that globalism is the only path for world commerce has been intensively pushed for well over the last half century. How well did the United States fare? An honest evaluation must acknowledge the diminishing middle class has paid the greatest penalty from the corporatist sedition that has destroyed internal independence and productive prosperity.
Wednesday, August 26, 2015
Why We Can’t Handle A Stocks Bear Market - State Budgets Will Implode / Stock-Markets / Stocks Bear Market
By: John_Rubino
Back when society’s balance sheet was reasonably solid, the occasional bear market was no big deal. A 20% drop in the average S&P 500 stock would scare investors and lead to slight declines in consumer spending and government capital gains tax revenue, but the overall economy would barely notice such a minor speed bump.
But that was then. Like a person with an impaired immune system, today’s developed world is so highly leveraged that a shock of any kind risks catastrophic complications. Which is why governments and central banks now meet every incipient crisis with quick infusions of newly-created cash and lower interest rates. We can’t risk letting markets be markets any more.
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