Sunday, August 16, 2015
Trade for Income in a Tax-advantaged Accounts / InvestorEducation / Learn to Trade
Sunday, August 16, 2015
The Boundaries and Future of Solution Space – Part 1 / Politics / Social Issues
A great deal of intelligence is invested in ignorance when the need for illusion is deep. Saul Bellow, 1976
More and more people (although not nearly enough) are coming to recognise that humanity cannot continue on its current trajectory, as the limits we face become ever more obvious, and their implications starker. There is a growing realisation that the future must be different, and much thought is therefore being applied to devising supposed solutions for that future. These are generally attempts to reconcile our need to make changes with our desire to continue something very much resembling our current industrial-world lifestyle, with a view to making a seamless transition between the now and a comfortably familiar future. The presumption is that it is possible, but this rests on foundational assumptions which vary between the improbable and the outright impossible. It is a presumption grounded in a comprehensive failure to understand the nature and extent of our predicament.
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Sunday, August 16, 2015
Next Stock Market Low Important / Stock-Markets / Stock Markets 2015
The market started the week at SPX 2078. After a gap up opening on Monday the SPX rallied to 2105. Then two gap down openings took it down to 2052 by Wednesday. After that the market worked its back up above where it started the week, and ended the week at SPX 2092. For the week the SPX/DOW were +0.65%, the NDX/NAZ were +0.15%, and the DJ World lost 0.40%. On the economic front positive reports slightly outpaced negative reports. On the uptick: wholesale/business inventories, retail sales, the PPI, industrial production, capacity utilization, and long term investor sentiment. On the downtick: export/import prices, consumer sentiment, plus both weekly jobless claims and the treasury deficit increased. Next week will be highlighted by the FOMC minutes, the NY/Philly FED, and Leading indicators.
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Saturday, August 15, 2015
Gold And Silver Market Bottoming? Big Rally Imminent? Reality Check Says NO / Commodities / Gold and Silver 2015
The developing events over the past few months are so varied, seemingly unrelated but are all tied in, just not in a cognitive manner that makes sense, and almost all them are based upon lies by one government after another, the worst offender being the US.
We find it hard to make a cohesive explanation as to their impact. This increasingly maze of events is mean to confuse, to deflect. It is a key element of the elites creating problems, reactions [usually confusion or panic by the masses], and offering solutions. Cyprus and Greece are similar examples. The Ukrainian coup by the US, sanctions against Russia that have so badly backfired. China an added part of the SDR, then maybe not. The list is much longer.
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Saturday, August 15, 2015
The China Dollar Shot Not Heard Around the World / Currencies / US Dollar
China's recent move to devalue the yuan has sent shock waves through the global financial markets and has convinced most observers that a new front in the global currency wars has begun. The move has caused many observes to envision a new round of competitive devaluations around the globe in which the race to the bottom will intensify. In this scenario they envision that the U.S. dollar will solidify its standing as the only strong currency. This misses the point entirely.
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Saturday, August 15, 2015
What I Learned at This Year’s Biggest Silicon Valley Party / Companies / Tech Stocks
MoneyMorning.com Michael A. Robinson writes: Of all the avenues, boulevards, lanes and streets in Silicon Valley, the most important road – the one lined with gold – is a tree-lined thoroughfare in Menlo Park.
I’m talking about Sand Hill Road.
That’s the epicenter of the nation’s venture capital industry. I first started visiting Sand Hill in the mid-1980s when I covered VC as a tech analyst.
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Saturday, August 15, 2015
The World is Awash in Oil / Commodities / Crude Oil
...But does that mean that oil prices will only go down from here?
In this new interview with Elliott Wave International's Chief Energy Analyst, Steve Craig, you'll learn where he sees prices going next.
*Editor's note: this interview was recorded on August 12; the price low cited in the video was broken on August 13.
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Saturday, August 15, 2015
What Twitter’s Insider Buys Really Tell You / Companies / Tech Stocks
MoneyMorning.com Keith Fitz-Gerald writes: I committed the equivalent of financial heresy in late December 2013 and again in January 2015 when I said Twitter (NYSE:TWTR) was a bug in search of a windshield and recommended shorting the stock. The blogosphere went nuts and I was taken to task by Twitter-lievers.
Since then the stock has fallen 63.31% from a high of $74.73 to a low of $27.04. It’s rebounded slightly in recent trading and the rally cry has begun anew…
…Twitter Interim CEO Dorsey Buys More Shares In Show of Faith – Reuters
…Twitter Rebounds: Here’s Why You Should Be Buying Shares – Bloomberg
…Jack Dorsey and Other Twitter Insiders Make Show of Support – The New York Times
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Saturday, August 15, 2015
Investors High-profit Guide to this Radical New Economy / Companies / Sector Analysis
MoneyMorning.com William Patalon III writes: By any measure, we've experienced an extraordinary bull run, with the S&P 500 soaring as high as 2,134.72 since it bottomed out at 676.53 on March 9, 2009.
But the real story is in the catalysts that led the markets to better than triple over that relatively short time – the story beyond quantitative easing, cheap-as-free money, and tax breaks.
Rather, these extraordinary gains have come from a group of "hot spots" that have given rise to the creation of an entirely new economy.
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Saturday, August 15, 2015
Gold and Silver Shaken, Not Stirred / Commodities / Gold and Silver 2015
Chart Freak write: After a solid 5 day rally, gold sold off on Thursday, and the precious metals miners were sold-off indescriminetly. Both GDX and GDXJ were down almost 6%, leading many to be shaken out of position on the pullback. For me, these events are expected and become opportunities, so lets examine the charts to see why.
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Saturday, August 15, 2015
U.S. Stock Markets Analysis / Stock-Markets / Stock Markets 2015
Reviewing the US stock market picture from a few different angles...
NFTRH been using the Equity Put/Call ratio to gauge pressure on the US stock market for all of 2015. Many people think that anxiety indicators like this and the VIX are contrary indicators (i.e. when they spike you buy the fear in the markets, which often does work well) but when smoothing out CPCE using a moving average (weekly EMA 20 in this case) you get a trend.
The market benefited over long stretches from the calm atmosphere and the down trend in put buying vs. call buying. One explanation is that the market felt safe in mommy and daddy's arms (Bernanke and Yellen, amidst 'peak confidence' in the Fed with a side of Goldilocks).
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Friday, August 14, 2015
Gold Miners’ $1200-Cost Fallacy / Commodities / Gold and Silver Stocks 2015
The entire gold-mining sector was crushed last month, suffering a full-blown panic. This was triggered by an extreme shorting attack on gold by American futures speculators. As fear-blinded traders rushed for the gold-stock exits, they claimed their selling was rational because gold miners’ very existence was threatened by such low gold prices. But that’s a total fallacy, this sector has no problem weathering sub-$1200 gold.
The recent pain in gold stocks has been excruciating. This sector’s benchmark of choice these days is Van Eck Global’s Market Vectors Gold Miners ETF, better known by its symbol GDX. It closely mirrors gold stocks’ long-time leading sector index, the NYSE Arca Gold BUGS Index that trades as HUI. The carnage in these two gold-stock metrics has been incredible, shattering the resolve of most contrarian traders.
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Friday, August 14, 2015
Will China Yuan Currency Devaluation Cause a Stock Market Crash? / Stock-Markets / Financial Crash
MoneyMorning.com David Zeiler writes: Stocks tumbled again early today (Wednesday) after a second round of yuan currency devaluation by the Chinese central bank.
The Dow Jones Industrial Average fell as much as 250 points, or 1.5%, in Wednesday morning trading. That decline followed a 212-point loss (1.2%) Tuesday.
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Friday, August 14, 2015
Fed will Cut 'Transitory' in September / Interest-Rates / US Interest Rates
A Russian saying goes "nothing is more permanent than temporary". At the Federal Reserve, "transitory" may mean "permanently", or could also mean "we have no clue". Oil has dropped by 57% since over the last 12 months but the +200 PhDs at the world's biggest central bank continue to describe lower energy prices as "transitory". At the June FOMC, the Fed made some progress and finally dropped its phrase from the FOMC statement that "energy prices have stabilized".
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Friday, August 14, 2015
Gold and Silver Stocks Get a Reprieve / Commodities / Gold and Silver Stocks 2015
The precious metals sector has held recent lows and a rebound is underway. Gold held $1080/oz for three straight weeks and has pushed as high as $1126/oz this week. The gold miners (GDX and GDXJ) surged the first half of the week and Silver has also gained. We believe that this move is more likely to be a relief rally before Gold ultimately tests $1000/oz rather than the start of a new bull market.
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Friday, August 14, 2015
7 Key Rules Contrarian Investors Should Adhere To / InvestorEducation / Learning to Invest
"Given a sufficient number of people and an adequate amount of time you can create insurmountable opposition to the most inconsequential idea." ~ Anonymous
Contrarian investing is a dynamic field and not a static one. The assumption that it's a static field is held by the new breed of fashion contrarians, whose only donation to this field has been to glamorize it and distort the correct notion of being a contrarian investor. These fashion contrarians are no different from those with the mass mindset; they only pretend to do things differently, but the moment fear or uncertainty is in the air, they flee for the exits like bandits being chased by the hounds of hell. A true contrarian in most cases understands the basic rules of mass psychology. If you are not familiar with these rules, you are doing yourself a disservice and should catch up on them ASAP.
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Friday, August 14, 2015
Inside the Bank of England - Video / Interest-Rates / Central Banks
Take a journey from a unique perspective into the very heart of Britain's financial system, it's central bank, the Bank of England.
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Friday, August 14, 2015
Debt Deleveraging as a Biblical Plague / Interest-Rates / Global Debt Crisis 2015
Eventful days in the middle of summer. Just as the Greek Pandora’s box appears to be closing for the holidays (but we know what happens once it’s open), and Europe’s ultra-slim remnants of democracy erode into the sunset, China moves in with a one-off but then super-cubed renminbi devaluation. And 100,000 divergent opinions get published, by experts, pundits and just about everyone else under the illusion they still know what is going on.
We’ve been watching from the sidelines for a few days, letting the first storm subside. But here’s what we think is happening. It helps to understand, and repeat, a few things:
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Friday, August 14, 2015
Crude Oil's Slippery Slope: How Far Will Prices Fall? / Commodities / Crude Oil
One prominent analyst says oil prices will drop much further
Editor's note: You'll find the text version of the story below the video.
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Friday, August 14, 2015
Supply and Demand Will Rescue Gold Mining Stocks Soon / Commodities / Gold and Silver Stocks 2015
Money managers Doug Loud and Jeff Mosseri of Greystone Asset Management LLC. have some simple advice for gold investors: Relax. Supply and demand will reassert its reign quite soon, and, when that time comes, both gold and gold equities will appreciate quickly and significantly from their current levels. In this interview with The Gold Report, they highlight several producers and explorers with the management, cash and projects needed to spring forward when the market turns.
The Gold Report: The gold sector entered full-blown panic mode in July with the Bloomberg analysts forecasting a dip below $1,000 per ounce ($1,000/oz) this year, and Deutsche Bank forecasting $750/oz. Is this just fear feeding on fear, or is there something else going on?
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