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Message to Congress on Curbing Monopolies. April 29, 1938 To Congress Unhappy events abroad have retaught us two simple truths about the liberty of a democratic people.The first truth is that the liberty of a democracy is not safe if the people tolerate the growth of private power to a point where it becomes stronger than their democratic state itself. That, in its essence, is Fascism—ownership of Government by an individual, by a group, or by any other controlling private power. The second truth is that the liberty of a democracy is not safe if its business system does not provide employment and produce and distribute goods in such a way as to sustain an acceptable standard of living.
The Federal Reserve's looming attempt to shrink its mammoth portfolio of bonds comes with an ugly track record: Virtually every time the central bank has tried it in the past, recessions have followed… The Fed has embarked on six such reduction efforts in the past — in 1921-1922, 1928-1930, 1937, 1941, 1948-1950 and 2000. Of those episodes, five ended in recession according to research from Michael Darda, chief economist and market strategist at MKM Partners. –Jeff Cox, "The Fed's About to Try Something that Almost Always Has Ended in Recession," cnbc.com, August 2, 2017.
August 4, 2017 Former Federal Reserve Chairman Alan Greenspan issued a bold warning Friday that the bond market is on the cusp of a collapse that also will threaten stock prices… the long-time central bank chief said the prolonged period of low interest rates is about to end and, with it, a bull market in fixed income that has lasted more than three decades. "The current level of interest rates is abnormally low and there's only one direction in which they can go, and when they start they will be rather rapid," Greenspan said…" – Jeff Cox, "Greenspan: Bond Bubble About to Break Because of 'Abnormally Low' Interest Rates," cnbc.com,
Issues...We the PEOPLE Issues Wealth And Income Have "Trickled Up" To The Top .5% "They say misery loves company, but so does mediocrity. Mediocrity is the quality of being not very good; not les than zero but abnormal. Perfectly put... Chris Hedges. "Americans are living a fantasy" https://www.youtube.com/watch?v=W_KHr6_MrWE ...short version... https://www.youtube.com/watch?v=MI_19vfB6ks longer better version... "Hope has a cost. Hope is not comfortable or easy. Hope requires personal risk. It is not about the right attitude. Hope is not about peace of mind. Hope is action. Hope is doing something. The more futile, the more useless, the more irrelevant and incomprehensible an act of rebellion is, the vaster and more potent hope becomes. Hope never makes sense. Hope is weak, unorganized and absurd. Hope, which is always nonviolent, exposes in its powerlessness, the lies, fraud and coercion employed by the state. Hope knows that an injustice visited on our neighbor is an injustice visited on all of us. Hope posits that people are drawn to the good by the good. This is the secret of hope's power. Hope demands for others what we demand for ourselves. Hope does not separate us from them. Hope sees in our enemy our own face."
"Those who make peaceful revolution impossible, make violent revolution inevitable." President John F. Kennedy "In theory, there is no difference between theory and practice. In practice, there is." Jan L. A. van de Snepscheut
The best way to rob a bank is to own one." William Black End the Fed! Who owns the Fed! http://www.globalresearch.ca/who-owns-the-federal-reserve/10489 Thomas Jefferson on banking " Bold and bankrupt adventurers pretending to have money"
"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered.... I believe that banking institutions are more dangerous to our liberties than standing armies.... The issuing power should be taken from the banks and restored to the people, to whom it properly belongs."
Will Austria vote for an anti-immigration president? Will Italy's prime minister Matteo Renzi get the constitutional reforms for Italy that he seeks? If not, will he resign as promised? What about the rise of euroskeptics in France and Italy?
Low interest rates can be a great tool to get an economy in slow-down mode going again, but there always is an unwanted side effect. If credit becomes too cheap and available for just anyone, there's bound to be 'abuse' in the system, as households (and companies) can spend the borrowed cash on anything they want. We have already warned you before about the share buybacks on the financial markets, as the increasing profits (per share) are mainly inflated by lower interest expenses and a lower amount of outstanding shares, rather than really seeing a substantial improvement of the business and sector those companies are operating in. ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ "Many governments, including ours (USA), overtax their citizens to feed their own insatiable need for money. Then the legal thieves running the government and their cronies, unwilling to abide the tax levels they created, move their wealth off shore to places like Panama." - Daniel Henninger, "Panama Bernie," Wall Street Journal, April 6, 2016. "To wit, the story here (about leaks of the Panama Papers) isn't about tax evaders and offshore accounts, deplorable as they may be. It's about public polices and incentives that make a career in politics an expedient route to personal enrichment." Bret Stephens, " 'C' is for Corruption," Wall Street Journal, April 5, 2016. "The Competitive Enterprise Institute finds that, last year 2015, Congress passed a mere 114 laws and federal agencies issued a whopping 3410 regulations… A Kauffman Foundation study cites a proliferation of 'incumbent protection' rules as a reason for a decline in small business entrepreneurship. A Brookings Institution study shows an unheralded change in American life, business closures exceeded business starts during much of President Obama's tenure." ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- World Economics SEPT. 3, 2017 The past week saw further indications of a pickup in global growth, including favorable data out of Asia and Europe. Also, investors and traders grew even more confident that central bank policies would remain highly supportive of financial assets. In particular, they rightly brushed off the notion of meaningful negative implications for the economy of the disappointing jobs report, deciding instead to see it as increasing the probability of Federal Reserve policy remaining looser for longer. Adding to this feeling of comfort, the European Central Bank signaled on Friday that it was considering delaying the timetable for its own (already-lagging) balance sheet normalization. With such forces in play for a while now, investors and traders have been conditioned to buy the dip, and virtually any dip. Indeed, and notwithstanding the extent to which elevated asset prices have already decoupled from more sluggish fundamentals, it still would take a major and sustained negative shock to result in what many professionals would view as an overdue market correction. https://finance.yahoo.com/news/el-erian-stock-market-strong-week-114105512.html ... ...the battle is on 3 fronts = Currency wars are not over... the oil wars are not over....and import/export trade wars are happening... Tarriffs/Trade Wars. MAY 27, 2016 U.S. levies duties on corrosion-resistant steel from five countries Reuters Trade fight: China calls new U.S. steel import duties unfair USA TODAY U.S. panel launches trade secret theft probe into China steel Reuters U.S. ITC votes to continue probe of imports of certain carbon, steel plates Reuters China accuses U.S. of 'unfair methods' in steel dumping probe Reuters The U.S. Department of Commerce ("DOC") has made its final decision on anti-dumping investigations on imports of corrosion-resistant steel and concluded that China, India, Italy, South Korea and Taiwan are selling these products in the U.S. market below their fair values and therefore, are subject to anti-dumping duties. The ruling marks yet another major step in stemming the torrent of unfairly-traded foreign imports. 03/02/2016 Department of Commerce imposed tariffs of up to 266% on cold-rolled steel imports. The U.S. government announced preliminary anti-dumping duties of 266% for China, 71% for Japan, 39% for Brazil, between 6% and 31% for the U.K., between 13% and 17% for Russia, 7% for India and between 2% and 7% for South Korea. Negative Interest Rates
George Orwell said in his famous book 1984 that, "first they steal the words, then they steal the meaning", accurately foreseeing the political actions of world leaders and their manipulation of public opinion. In Orwell's novel, the state dominates and dehumanizes its citizens through psychological manipulations that strip them of their ability to think, be objective, consider ideas. People, thus have no alternative but to accept as necessary, true, and good, whatever the state declares to be so. He called it DOUBLESPEAK or NEWSPEAK. "Newspeak is a language devised to limit the range of thought by collapsing distinctions, undermining logic, and confining the vocabulary to a few easily pronounced and emotionally charged terms. A mind so limited cannot truly think at all; it can only respond as programmed. It will accept black as white, war as peace, hate as love; it will allow two plus two to equal five; it will adopt as ''goodthink" all ideas that support the state and dismiss all others as "oldthink" or "crimethink"; and it will let "doublethink" mask all contradiction. Reality itself thus becomes whatever those in authority decree - and history can be rewritten regularly to fit that reality." (csmonitor.com) 2016 Republican Platform 10/15 At Trump's election-night party last week, one of his prominent campaign aides, Omarosa Manigault, told the Independent Journal Review, "It's so great our enemies are making themselves clear so that when we get in to the White House, we know where we stand.... Mr. Trump has a long memory and we're keeping a list." http://www.alternet.org/election-2016/50-shockingly-extreme-right-wing-proposals-2016-republican-party-platform Demonizing Our Opponents. One reason is the adverse effect demonizing our opponents has on the kind of public discourse democracy needs to succeed. Democratic societies require the free exchange of ideas among a populace willing and able to make informed judgments about them. But if we fail to engage in the rational examination of ideas and seek instead to work our will through vilification and personal attack, the democratic process is subverted. We become less able to see the strengths and genuine weaknesses of alternative viewpoints. Public discourse becomes more focused on the acquisition of power and less on the pursuit of truth, more enamored of sensationalism and less attentive to the deeper issues of our times, more interested in personalities and less in the plausibility of the policies these persons advocate. Emotionalism usurps reason; can't and prejudice prosper — and democracy suffers a dearth of meaningful social dialogue. There are also more directly moral reasons for concern. To demonize someone goes beyond saying he is mistaken or misguided. It is, as a rule, to denounce his character and to do so in moral terms. The moral status of one's character, however, is closely tied to the moral status of one's intentions. Thus, it is a conceptual confusion to say that a person's character is evil even though their intentions are good. So What Happened...?...election 2016 Nazi propagandist Josef Goebbels said: "If you tell a lie big enough and keep repeating it, people will eventually come to believe it. The lie can be maintained only for such time as the State can shield the people from the political, economic and/or military consequences of the lie. It thus becomes vitally important for the State to use all of its powers to repress dissent, for the truth is the mortal enemy of the lie, and thus by extension, the truth is the greatest enemy of the State."
And what does Herr Goebbels' statement have to do with the future of the US? And why will everyone lose, no matter who wins the election?
We'll continue to get more of what we have now: war, inflated military and intelligence service budgets, and renewed focus on irrelevant and immaterial things. Clinton's hostility towards Russia, Syria, and Iran, plus her blind support for and deference to Israel does not bode well for America's future. Trump's lack of intellectual vigor, his tendency toward erratic behavior, and vow to smash ISIL mean no real change for the better. Worse, the bureaucracy, which supports the status quo, will likely operate from the shadows as the de facto government of the United States. Steve Ballmer's project, called USAFacts Maybe there is a better way...another way. http://www.internationalman.com/articles/doug-caseys-top-five-reasons-not-to-vote
****Who is going to pay this out-of-control debt that the out-of-control government leaders of the world and USA are racking up for the younger generation by their out-of-control spending spree? Who cares? Apparently, hardly anyone cares today, because the subject does not attract votes. People want to only hear about what they are going to get, not what they are going to have to pay or sacrifice in order to get it. Raymond Merriman http://new.mmacycles.com/ ...astrology Moon Cycle... or is it... Moon Psycho...in any case its a unique CYCLE and one day I may have more to say about it... http://time-price-research-astrofin.blogspot.com/p/delta.html StarShine...for the SUN worshippers... Aug. 21st solar eclipse... Morning Has Broken StarShine Reality... Ball Of Confusion "It is no measure of health to be well adjusted to a profoundly sick society." Krishnamerti Ball of Confusion Gates of Delirium Oh Very Young Peace Train Yusuf Islam - The Beauty of Islam (Cat Stevens) Here Comes The Sun ...from http://stockcharts.com/public/520756/tenpp/3 I wish someone would keep a chart like this... at least I haven't seen an updated chart in years... SPX vs True Lunar Node Speed | August 2017 (...Note ...Aug 07 (Mon) = Full Moon = Partial Lunar Eclipse (not visible in New York) and Aug 21 (Mon) = New Moon = Black Moon = Total Solar Eclipse,...) http://time-price-research-astrofin.blogspot.com/2017/07/spx-vs-true-lunar-node-speed-august-2017.html Upcoming Turn-Days: Aug 04 (Fri), Aug 12 (Sat), Aug 16 (Wed), Aug 19 (Sat), Aug 28 (Mon), Sep 02 (Sat). \ Lunar Eclipses (e.g. Aug 07, 2017) occur at Full Moon and Solar Eclipses (e.g. Aug 21, 2017) at New Moon only when their alignments occur in three dimensions. Relative to Earth's orbit, the plane of lunar orbit is inclined. Mean Inclination of Lunar Orbit equals 5.1454 degrees. Eclipses only occur near the Nodes of Lunar Orbit intersection with the Solar Orbital Plane. Earth's Mean Orbital Plane is termed the Ecliptic (synonymous with eclipse). There are two nodal crossings of the ecliptic per nodal period, the ascending node and the descending node. Half the nodal period is the shortest possible interval between two eclipses. Solar and Lunar Eclipses are very distinct: The Moon's shadow during a total Solar Eclipse is only a narrow band on the earth. The Earth's conic shadow at the Moon's mean distance is over 9,000 km wide, nearly three lunar diameters. Only a small percentage of people experience each Solar Eclipse while half the world can view each Lunar Eclipse. Before and after Lunar and Solar Eclipses the True Lunar Node starts wobbling (e.g. on Jul 30, 2017), quickly moving back and forth, retrograde, stationary, direct. Financial markets correlate with this 4 to 14 Day Cycle of the Retrograde-Stationary-Direct motion of the Lunar True Node. About every 86.655 days a so called Moon Wobble (lunar libration) occurs when the Sun is conjunct (e.g. on Aug 16, 2017), opposite and square (0°, 90°, 180°, 270°) the Lunar Node (4 * 86.655 days = 1 Nodical Year or Eclipse Year = 346.62 days). The Node starts wobbling about two weeks before the exact event and remains unstable until about one week after. If coupled with Solar and Lunar Eclipses, the wobble-effect can be extended. And as the Sun approaches conjunction and opposition towards the Lunar Node, it's motion is almost blocked (speed at or near zero). Notably these periods go along with exuberant mood and frenzy, most of the times correlating with rallies or crashes in financial markets. More charts on the correlation of the markets with the Rhythm of the Node ASTRO-OLOGY https://www.youtube.com/watch?v=_LOEop2Hcr8
Last week also saw Gold, Silver, and the Euro currency rally sharply. This was also related to the combustion of the Sun and Mars in the fire sign of Leo, which rules Gold, but more importantly, it correlates with the ingress of heliocentric Mercury in Sagittarius (another fire sign), which also commenced on July 26. December Gold (the front month now) shot up to 1277. Just two weeks ago, it was testing 1200. Silver was equally impressive, rising to $16.81. Two weeks ago it was trading at 15.14, it lowest price since April 2016. The culprit was once again a falling Dollar, as the Fed held steady on its rates, which in turn helped the Euro to accelerate close to 1.1800, its highest mark since January 2015. (...about the tRUMP the assofapresident...) You are going to read and hear a lot about "witch-hunts," "leaks," and "anonymous sources" who do not wish to be identified for their printed comments. You will also hear about how Donald Trump is a "victim" of a biased media and political forces, bent on getting him impeached. All of these terms in quotation marks are associated with Neptune. – This column, May 22, 2017. The point to be made here is that Mr. Trump is under some serious Mars transits through August, during which he is very vulnerable to "losing his cool" and behaving impulsively in ways that end up harming himself and maybe the nation. This column, July 3, 2017. "If Jeff Sessions is fired, there will be holy hell to pay," said (Senator Lindsay) Graham. "Any effort to go after Mueller could be the beginning of the end of the Trump presidency." Byron Tan, "Senators Move to Block Trump Outing Sessions," Wall Street Journal, July 28, 2017. Even for this dramatic administration, the past seven days have been extraordinary… During this swirl of events, Team Trump portrayed Mr. Scaramucci's appointment as a major reset… Mr. Trump's ratings are sliding because of his own messages and actions, not those of his subordinates. –Karl Rove, "How Long Can the Trump Tumult Go On?" Wall Street Journal, July 27, 2017. It started in May when transiting Mars crossed his natal Sun/Uranus conjunction, in opposition to his natal Moon. It was not expected to end until early September, after the solar eclipse (...is anyone paying attention to the solar eclipse...?...you should go on YouTube and enter August 21 and then there's September 23rd...focus is on signs in the heavens=this is astronomy events not astrology...and focused on Relvelation 12 ...tons of videos...(Kiy=...these 2 links are a little preachy in places; if it offends anyone-you've been warned...) https://www.youtube.com/watch?v=0jYgoX4NL7g and https://www.youtube.com/watch?v=vVsH8ZnyJw4 ;)... and transit of Mars conjoins his natal Mars and Ascendant. During that time, as written in prior columns, the Trump presidency would likely be defined, and the future of his term determined. As suggested in these columns, if he could control his impulses and focus on matters of importance to the nation, he could pioneer new ideas and programs that could truly revolutionize not just the USA, but the entire world. If not, either his term would be terminated early, or he would set the stage for a huge defeat in 2018. In either case, the second stage of a major reset in world politics, banking, and finances would be in the making, May-September 2017. The third and final stage of this reset (notice how others are now using this term that we titled in our mid-year webinar) would be the Sun/Saturn conjunction on the winter solstice of December 20, 2017, and would last through 2020. This is how I saw it from the perspective of a Mundane Astrologer and financial market timer, and the most critical time for Donald Trump would be right now - in Stage 2, and especially highlighted in August 2017.
The S&P500 Index, one of many indicator of stock market performance (by tracking big US businesses), averaged 9.5% annual returns from 1928 to 2015
Now let's take our $5 a day, which adds up to to $1,825 a year, and put it into an S&P500 or total stock market index or mutual fund. Which just means it should have similar performance, over the long term, as the S&P500's 9.5% annual returns. We contribute this $5 a day in weekly or monthly chunks (this is important).
You start to accrue both the money you contributed, that $5 a day, and the 9.5% a year returns. Then those contributions and the returns, plus the second year's contributions, earn another 9.5%. And so on and so fourth. This won't be the exact case for the year 1 and year 2, because the stock market is SUPER unpredictable in the short term. But in the long term, you can expect decent returns.
According to Dalbar Inc., over the last 20 years, the average equity investor earned an annualized return of 4.67% while the S&P 500 returned 8.19% per year. The reason given for such poor performance among individual investors is - panic selling. In other words emotion. Most investors possess the intellect needed to analyze data, but very few are able to withstand the powerful influence of psychology and their own emotions.
The Market is a giant feedback loop, showing traders (and anyone who views the market) a thermometer reading of the social mood under which traders, and by extension society, are operating. Most traders seem to think of the market is something that has some external value outside of the price attributed to it by traders. I prefer to think of it as a real-time gauge of a society's view of their own productive capacity…or more simply put–social mood.
When Markets are understood, the idea that everyone can make money is not only inaccurate but impossible and laughable. Everyone making money means there is no market, because who would be willing to take the other side of the trade?
In addition, most traders feel they can move with the crowd to make a (paper) profit, and then get out before the crowd, turning that trade into a real profit. In theory this is sound, but remember everyone else is setting out to do the same thing. It is this crowd movement which allows traders to make money at times. Without a large portion of traders coming to the same decision markets simply would not move. It takes conviction by many traders to create a trend, then it takes euphoric acceptance that "this is the new norm" to end it and "bend it. " It then takes mass disillusionment to crash it the other way. (vantagepointtrading.com)
This board will be used for analysis of charts ranging in different time periods to determine signals for trading of various instruments=individual stocks, etf's and options. Please direct your comments towards technical indicators that everyone can see on a price chart: we are talking about signals and technical indicators here, not opinions or predictions or forecasts of when the next grand slam will be... share technical signals and charts with the group and if you have an active position...... Rather than being opinionated and letting your subjective bias determine which side of the market to be on, try to maintain objectivity based on technical analysis. One of the key items to remember as investors/traders is that the market doesn't always reflect reality. Oftentimes it reflects belief. And belief can prove to be a delusion. "A belief held without objective examples that everyone can see is a delusion." "Opinion is that exercise of the human will which 'lets' us make a decision without objective information and objective examples." And is obviously ....not the best choice that promotes a healthy process. "Discussion is an exchange of knowledge; an argument an exchange of ignorance." Dysfunctional attitudes and behaviors = "self will run riot" it is not a process that builds "character". It is not common decency, nor any form of kindness...it can only be destructive. It is no disgrace to be wrong... disgrace happens when you choose to stay wrong... Building character is a project you never complete. We form our character in defining moments because we commit to irreversible courses of action that shape our personal and professional identities. We reveal something new about us to ourselves and others because defining moments uncover something that had been hidden or crystallize something that had been only partially known. And we test ourselves because we discover whether we will live up to our personal ideals or only pay them lip service. If you feel you must GAMBLE and encourage gambling from the 5 minute or lower time frames you will be asked to take your message to the "gamblers board"...If you feel you "must offer an opinion or off topic comment; please do it after trading hours. Charts and signals at signal lines is what we want...and If you feel you do not need to answer questions on this board ...then why are you here. I-Hub's rules state: It is the burden of each poster to ensure that their posts do not contain content that qualifies them for removal. It doesn't matter if your post contains the cure to the common cold or the best stock tip since (fill in your favorite ticker here), if it contains other content that is a violation of the site's rules of conduct, then it qualifies for removal. ... Thank You... Kiy...ki...theMatrix You are only as good as your next trade...Kiy This release may contain "forward-looking statements" that are within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are identified by certain words or phrases such as "may", "will", "aim", "will likely result", "believe", "expect", "will continue", "anticipate", "estimate", "intend", "plan", "contemplate", "seek to", "future", "objective", "goal", "project", "should", "will pursue" and similar expressions or variations of such expressions. ... **************************************************************************************************************************************************************************************************** ETFs/Sectors http://www.direxioninvestments.com/products/direxion-daily-sp-500-bull-3x-etf?gclid=CPPB6bX5-s0CFRSUfgodGfQGMA http://etfdb.com/etf/ Color Codes Colors are based on the CCI 20 (Commodity Channel Index signal lines) ... if "letters" are colored =Green =UP...Red=down...lighter colors = less confident in direction...if leters/stock symbols are Boxed=Green =oversold..Red=overbought...§=Reverse of a Signal line(focus is the CCI centerline)... ¥= first stock to turn UP/Down after the Group/Sector has been overbought/oversold. If stock symbol is blue I either own the stock or I'm watching it and there usually a price target noted. Earnings Observations and Valuations JAN. 06,2017 http://seekingalpha.com/article/4034920-s-and-p-500-weekly-update-outlook-2017-change-air-brings-new-highs-equity-markets We all know by now that earnings rule the day and on that score with valuations stretched, the earnings picture has to keep improving if the markets are to continue higher. Analysts' expectations for growth in earnings and revenues will have to come to fruition to keep the long term trend in tact. Valuations will remain a headwind for stocks as many analysts look to them as being unattractive. Additionally, while TINA (There Is No Alternative) has helped to justify higher valuations in the past, moves in fixed income markets towards the end of 2016 should remind investors that as rates rise, TINA looks less attractive. Despite the unattractive valuations that many complain about, though, there are two things to point out. First, after more than a year of declines, earnings have troughed and that should help valuations going forward. Second, despite the overhang of rising rates we could still be in an environment where the fed funds rate is 1% or slightly higher at the end of this year. That is not a scenario that would entice me to load up on fixed income assets. The valuations in the table below should come as no surprise now. We are in a mature bull market, the days of seeing stocks and sectors well under their historical norms has passed. http://www.factset.com/
Individual Stocks and Sectors JAN. 2017 http://seekingalpha.com/article/4034920-s-and-p-500-weekly-update-outlook-2017-change-air-brings-new-highs-equity-markets Last year it was "take what the market gives you". I won't be abandoning or changing that strategy. Energy and Financials were good opportunities that presented themselves to investors in 2016. I will offer an opinion on what I believe works in 2017. First will be what I feel are the continuing momentum plays, then the undervalued, unloved, and left behind companies that are prime situations to rebound this year. Emerging leadership is coming from the Materials (NYSEARCA:XLB), Energy (NYSEARCA:XLE), and the Financials (NYSEARCA:XLF). As momentum plays, I continue to favor these sectors on dips. Rio Tinto (NYSE:RIO) and Teck Resources (NYSE:TECK) are favorites of mine in the Materials space. Both have come off of their highs, can consolidate and move higher in 2017. E&P energy companies were standouts in the back half of last year and any name on this list is worthy of a look on any pullback. Those stocks will cool down some and could trade sideways for a while, but I do not believe the upward trend is over given my outlook for WTI. Look for Marathon Oil (NYSE:MRO) and Oasis Petroleum (NYSE:OAS) to be leaders of the pack this year. Banks moved higher once the election results were announced. The siege from D.C is perceived to be over. They now will serve up a trifecta for investors. Balance sheets, valuation and now the prospect for growth. They have moved and moved swiftly. The uptrend isn't over and investors need to be nimble in adding the largest money center banks on any pullbacks. One that hasn't exploded is a name to now consider. Bank Of New York Mellon (NYSE:BK). It currently sells at a discount to its peers. ETF CandleGlance XLE,XLB, XLI,XLY,XLP,XPH,XLF,XLK,IYZ,XHB,XLRE,XRT http://www.sectorspdr.com/sectorspdr/tools/sector-tracker ... http://www.barchart.com/etf/vleaders.php FINANCIAL Rising bond yields are good for financials like banks and insurers, but are bad for bond proxies like utilities (and REITs). 03/15... The Fed hiked rates today as expected, with expectations for two more hikes this year. Judging from immediate market reactions, the Fed announcement is being viewed as somewhat dovish. For one thing, bond yields are dropping. With yields falling, bond prices are having a strong day. Junk bonds, which have been correcting lately, are especially strong. That's also positive for stocks. Rate sensitive stock groups like utilities and REITs are leading a strong market response. Falling yields, however, are weighing on bank stocks. The dollar is also dropping. XLF CandleGlance (15.3%)BRK.B,*JPM,WFC, ***BAC (T/$24H-26),C,SPG,USB,CB,*AIG,*GS, KRE CandleGlance KEY,FITB,RF,HBAN,PNC,CFG,MTB,STI,BBT,ZION, CIT, FRC EWBC KIE Insurance MBI (T/$10) FAZ ...financial Bear 3x... ZPAS ...PUMP AND DUMP...?
OIL 09/05 What it means – Another week, another record amount of oil in storage. XLE CandleGlance XOM,CVX,SLB,COP,EOG,OXY,KMI,PSX,HAL,PXD,... ...ECR (T/$2.75H-5) .... CHK (T/$10)... QEP (T/$9-15)....ECA (T/$12-18) ........................................................SWN (T/$8)...WPX (T/$18) (ERY bear)... $BPENER *XOP...CandleGlance exploration and production...RICE, HCF, COG, EQT, ANDV, PSX, PBF, LPI, VLO,...MRO, CLR, NFX, MUR, MPC, EGN, HES, XEC ... APA Apache (T/$36H-52)... ESV (T/$8)... ....................................................WLL (T/$11-12)........ CPE (T/$17-26)... PBR (T/$12) next year earnings DUG ¥***XES...CandleGlance equip/services.DO(T/$19), RES, MDR, SLB, NOV, OII, HAL, WFT, .RIG.(T/$12-16), ATW (T/$10-15),HP, *SLCA, PTEN, SPN (T/$20-27?), BHI... ****CRR (T/$10-12)... ¥BRS (T/$10)
.....................ERII (T/$16-18-20)... ¥***ESES (T/$2.20)...08/02 ***HCLP (T/$17-22H) ... CCLP (T/$6)... FRAC (T/$17-19) ... .......................SND (T/$8)Smart Sand..08/03bmo ........EMES (T/$14-16) sand... HLX (T/$9-10)... ------- http://www.buyupside.com/sample_portfolios/fracsand.php OIH oil services ... NOV, CLB, TS CRAK OIL refiner ***BOIL ...Nat. Gas ...(SEPT. 5,2017) By 2034, natural gas will overtake oil as the main source of energy, and by 2050 it will be the single largest such source globally, satisfying 27 percent of demand. That's according to the latest Energy Transition Outlook by DNV GL, a global quality assurance and risk management services provider for the oil and gas, maritime, and power industries. .............................. KMI (T/$23)...oil/gas pipeline Potential double in 2 years 6/20 $18.79 ... EPD (T/$32) ...*****LNG ...GASX 3xBear ETF KOL ... ***ADES (T/$18) Adv. Emissions Solutions...clean coal XLI CandleGlance .... GE, BA, MMM,HON,UTX,UPS, UNP, LMT, UPS, CAT, GD ...DHR, *FTV, CETX... CX (T/10H0 XLY Discretionary ...AMZN, CMCSA, HD, DIS, PCLN, CHTR, SBUX, TWX, NFX, LOW, ... MCD, NKE XLP Consumer Staples ...PG, PM, KO, WMT, MO, PEP, CVS,WBA,COST,CL XRT Retail CandleGlance GRPN, GES, ETSY, MIK, LVNTA, SHLD, URBN, LAD, TRIP, ... OUTR,A,ZN, PLCE,ODP,GPI,ULTA,PSMT.CAB,GME XLK CandleGlance ...AAPL, MSFT, FB, GOOGL, GOOG, T, V, INTC, VZ, CSCO SMH CandleGlance Semiconductor ...,MVDA, CY (T/$17-20),IDTI,IPHI,MPWR,MU,MXIM,TXN,LLTC ...INTC (T/$42)... ASYS (T/12-14) https://www.fidelity.com/sector-investing/information-technology/overview BOTZ...Global Robotics and Artificial Intelligence.. ISRG, (MBLY), TRMB, JBT, IRBT, BRKS, ******FARO (T/$38H-45) ROBO CandleGlance Global Robotics&Automation...KYCCF,CYBQF,YASKF,CGNX,ISRG,OMRNF,FARO,DAIUF,NCTKF, YASKF,RAVN,FANUF,KRNNF,DAIUF,ROCK,ABLZF,NCTKF,AVAV,AMANF,ARAY,HOLI,JNPKF,BRKS ...ARAY (T/$6-7) WEAR wearable technologies/components IRTC, DXCM, BSX, AAPL, GGNDF, BEAT, KN (T/$20-22), AAXN, PODD, ABT --- http://www.buyupside.com/sample_portfolios/wearables.php ...Market estimates vary widely, but a recent report by Grand View estimates the enterprise wearables market will be valued at more than $20B by 2025. SKYY CandleGlance Cloud Computing ...AKAM,ORCL,EQIX,NTAP,AMZN,CSCO,OTEX,JNPR,FB ... YEXT (T/$14H-18) 4 brokers like this stock....***TNTR (T/9-16)(LAW SUITS ON THE WAY HACK Cyber Security... CSCO, PANW, SYMC SPLK, JNPR, CHKP, QLYS, AKAM, PFPT. IMPV, BLOX, SAIC, FTNT,,... http://www.buyupside.com/sample_portfolios/cybersecurity.php SNSR CandleGlance Global Internet Of Things...STM, SWKS, GRMN, ST, MBLY,DXCM, AUKUF, BRCD, CY, JCI,SLAB,BDC,IDCC,ADI ... ****IOTS (T/$7H) ...€ ***CTRL (T/$19H-25H-30) Global Internet Of Things ...According to researchers, the global market for in 2020 is going to be worth $373 billion in terms of sales. Hardware will account for 52% of sales — devices ranging from personal wearable technology to smart homes to connected cars. The remaining 48% will pour in from the software and analytics required to turn the copious amounts of data generated by hardware into usable information. Leading market research firm IDC forecasts China to spend $128 billion on IoT by 2020. India's spending will come in around $10 billion to $12 billion by 2020. And forecast sales for the Middle East and Africa are at $11 billion by 2019.
PRNT 3D Printing 3D printingindustry.com International Data Corporation (IDC) Worldwide Semi-Annual 3D Printing Spending guide is predicting that the rapid expansion of the 3D printing industry is expected to continue without slowing down. According to the IDC analysts, global revenues for the 3D printing market will explode to a massive $35.4 billion by the year 2020. With 2016 revenues expected to reach $15.9 billion which means the industry could nearly double within the next five years. http://www.marketwired.com/press-release/3dx-industries-metal-printing-division-positioned-for-assertive-growth-in-2017-otcqb-dddx-2189898.htm http://www.buyupside.com/sample_portfolios/3dprinters.php .......DDD 3D SystemS , ***SSYS.(T/$24H-33) Stratasys .. ......... ............. ***XONE (T/$18).. ExOne. metals printing is the fastest growing 3D printing space VJET (T/$5.75) Voxeljet ....MTLS Materialise Sftwre... DDDX 3D Ind IYZ Telecom... VZ, T, TMUS, LVLT, S, VG, SHEN, TDS CLT, CNSL, SBAC, FTR, .... WIN PXQ Networking... QCOM,APH,AAPL,CHKP,CSCO,VMW,CA,CTXS,FNSR,BLOX ...GIMA,LOGM,... 08/08amc ***SSNI (T/$11H-13H) Smart Grid IOT... .......................INFN (T/$14.50)(08/03 miss) 9.57-1.90)...poor guidance PRIVX ... Silicon Valley venture capital,late stage,pre-IPO companies... XHB Home Builders PHM, DHI, TPX, MHK, TOL, NVR, LEN, MAS, FBHS, HD, WHR, RH,OC, LOW ....ITB XLRE Real Estate CandleGlance (2.7%) AMT,SPG, CCI, EQIX, PLD, PSA, HCN, AVB, WY,EQR, .... DRV 3X bear IYR XLV Healthcare JNJ, PFE, UNH, MERK, AMGN, ABBV, MDT, GILD, CELG, BMY, AGN ....$BPHEAL XPH...CandleGlance Pharmaceuticals...HZNP, BMY, PRGO, PFE, MNK, JNJ, ZTS, LLY, MRK, AKRX, MYL,AGN,ENDP... ... ABC bellwether .. PPH Pharmaceutical XHE...CandleGlance Healthcare Equipment HTWR,DXCM,ABMD,RMD,COO,ICUI,SYK,IDXX,BCR,IART XBI...CandleGlance Biotech...TSRO,IONS,ABBV,ALKS,MDVN,IMCY,GILD,AMGN,BIIB,XON ...(IBB...BIB... IHI Medical Devices MDT,ABT,TMO,DHR,SYK,BDX,ISRG,BAX,ZBH 08/08amc *****CTSO (T/$10-13)...Cytosorbents AEMD ... IHF Healthcare Providers IYT...CandleGlance Transportation... LSTR,HRI,UPS,ALGT,CHRW,KSU,UHAL,MIC,NSC,ODFL ...XTN DOW Theory Transportation Average which includes airline, railroad, and package-delivery companies, has been diverging from the Dow Jones Industrial Average. This is viewed as a sign of overall weakness in the market because so-called Dow theorists posit that the companies that move goods and services should be climbing in lockstep with the broader market. When they don't, it is viewed as a bearish signal and one that may eventually see the broader market fall. SEA CandleGlance Shipping TNK,EURN,TGP,NMM,SSW,SFL,TK,TNP, ... SEA vs. VALE XAR... CandleGlance Aerospace and Defense ...LMT,HII,NOC,TGD,UTX,LLL,HON,RTN,BA,GD XLU...CandleGlance (2.9%) ...Utilities ..NEE,DUK,SO,D,AEP,EXC,PCG,SRE,PPL,EIX ...NRG...JE (T/$7.50-10) TAN...Solar FSLR,SCTY,GCPEF,TERP,TSL,SPWR,CAFD,ABY ... ENPH (T/$2.00)...Enphase's new IQ microinverters... VSLR (T/$4-6) .. ***WNDW.. ..............................RUN (T/$7H) ...***JASO GEX Global Alt. Energy...TSLA,VWSYF,ETN,GAM,ENS,FSLR,CREE,ITRI,ORA,POWI,CVA,...CLPXF,NDRBF,KTWIF,NIBE B... PEIX T/$11-14) ICLN Global Clean Energy...CLPXF,OEZVF,CVA,CHFFF,VWSYF,( PHO Water Resources WAT,ROP,ECL,DHR,HDS,IEX,PNP,TTC,AOS,XLY,RXN,AWK,VMI...TTEK,WTR, CGW Global Water Index... BGERF,AWK,DHR,PNP,XYL,IEX....... (CDZI...Water Utility) Xylem Inc (NYSE:XYL) is a major provider of water industry engineering solutions. The company has a large presence in China as well. Increasing urbanization, coupled with a massive population, could be a recipe for water supply disaster in China. Pentair plc. Ordinary Share (NYSE:PNR) specializes in all things water. The company provides products and services in water purification and filtration. Additionally, PNR provides irrigation management, desalination and aquaculture systems services. According to Pictet Asset Management analyst Arnaud Bisschop, water filtration is key. PNR's consumer-targeted water filtration products may soon be the best option for people living in regions lacking clean water. URA Uranium ...DUK,SO,*D,*PCG,EXC,PEG,XEL,AEE,MHVYF,KEP ...CCJ (T/$16) LIT CandleGlance ...FMC,SQM,OROCF,ALB,GALXF,SGPEF,JCI,BYDDF,TSLA XLB... Materials (2.85%) ...DD,DOW,MON,PX,ECL,PPG,SHW,APD,NEM,LYB XME... CandleGlance ...CDE,CNX,SWC,HL,CLF,RGLD,NEM,FCX,WOR,SCHN SLX...CandleGlance ...RIO,VALE (T/$10H),TS,NUE,PKY,MT,SID,WOR,VEDL,GGB ... ¥CLF (T/$9) ...07/25 bmo ****AKS (T/$8-10) JJU Aluminum CandleGlance ...AA,ACH,CENX,KALU ...CSTM (T/$9H) COPX Global Copper..TCK,HBM,FQVLF,TRQ,IPMLF,CS FFF, FCX (T/$12H-16),OZMLF,VDNRF... NSU .... (CPER) ... Copper (JJC )
http://etfdb.com/issuer/state-street-spdr/ 7 Oversold... 3 UP...13 Overbought ... 23 Down... last update 09/22.. 7UP.. 3 DOWN 4 Oversold... 3 UP...14 Overbought ... 24 Down... last update 09/21.. 8UP.. 2 DOWN 3 Oversold... 5 UP...20 Overbought ... 18 Down... last update 09/20.. 8UP.. 2 DOWN 4 Oversold... 3 UP...20 Overbought ... 20 Down... last update 09/19.. 8UP.. 2 DOWN 1 Oversold... 4 UP...21 Overbought ... 21 Down... last update 09/13.. 5UP.. 5 DOWN 1 Oversold... 7 UP...30 Overbought ... 9 Down... last update 09/12.. 9UP.. 1 DOWN 2 Oversold... 6 UP...28 Overbought ... 11 Down... last update 09/11.. 10UP.. 0 DOWN 5 Oversold... 2 UP...19 Overbought ... 21 Down... last update 09/08.. 5UP.. 5 DOWN 4 Oversold... 5 UP...28 Overbought ... 10 Down... last update 09/07.. 7UP.. 3 DOWN 4 Oversold... 8 UP...26 Overbought ... 10 Down... last update 09/06.. 9UP.. 1 DOWN 4 Oversold... 13 UP...22 Overbought ... 8 Down... last update 09/05.. 3UP.. 7 DOWN 0 Oversold... 16 UP...28 Overbought ... 1 Down... last update 09/01... 8UP.. 2 DOWN 0 Oversold... 21 UP...23 Overbought ... 2 Down... last update 08/24... 9UP.. 1 DOWN 1 Oversold... 26 UP...15 Overbought ... 4 Down... last update 08/24... 9UP.. 1 DOWN 2 Oversold... 31 UP... 8 Overbought ... 6 Down... last update 08/24... 6UP.. 3 DOWN 9 Oversold... 25 UP... 8 Overbought ... 3 Down... last update 08/24... 4UP.. 6 DOWN 9 Oversold... 31 UP... 3 Overbought ... 3 Down... last update 08/22... 10UP.. 0 DOWN 26 Oversold... 15 UP... 2 Overbought ... 4 Down... last update 08/21... 8UP.. 2DOWN 28 Oversold... 8 UP... 3 Overbought ... 7 Down... last update 08/18... 6UP.. 4DOWN 18 Oversold... 17 UP... 3 Overbought ... 7 Down... last update 08/17... 9UP..10DOWN The inflation pipeline has three stages. The first stage is the price of raw materials. The second stage is the price companies pay for raw materials (producer price inflation). The third stage is what companies charge consumers for their products (CPI inflation). It all starts with the direction of commodity prices. Strangely, that's the part that economists (and the Fed) pay no attention to. How can economists expect to predict the final stage of CPI inflation, if they ignore the first stage which is the direction of commodity prices? ...John Murphy StockCharts.com http://stockcharts.com/c-sc/sc?s=%24CRB&p=D&yr=0&mn=3&dy=0&i=p96616441327&a=529791618&r=1497641523070 Rising interest rates are usually bad news for physical gold and silver, because it increases the opportunity cost of owning precious metals. You see, neither gold nor silver offers investors a yield, whereas a U.S. Treasury bond does give a near-guaranteed return that's growing a bit larger with each interest rate hike from the Fed. A higher yield on Treasury notes is usually a recipe for precious-metal selling and bond buying. PICK...Global Mining Producers Index x Gold and Silver ... CPER...Copper ...JJC... FCX (T/$16) SLX Steel ... RIO,TX,VEDL,VALE,TS, JJN Nickel ETN SLV.. Silver SIL Silver Miners ***AG (T/$11-14)08/04 miss, First Majestic has historically been one of the better precious metal miners at generating cash flow per share ... *****CDE (T/$9-13)...,*****EXK(T/$5-7.50),***FSM (T/$9),****GPL (T/$2) ***HL (T/$5-8.50),****PAAS (T/$17.50H-29), WPM=SLW (T/$25-29), ****NDM.TO...
CCI 11 settings http://stockcharts.com/c-sc/sc?s=%24SPX&p=60&b=5&g=0&i=p93872393137&a=501420218&r=1485208410835 60minute http://investorshub.advfn.com/boards/read_msg.aspx?message_id=127213332
If you are REALLY bullish about Japan, there is a leveraged ETF that is designed to deliver double the return - both up and down - of the main Japanese stock market index: the ProShares Ultra MSCI Japan Index (EZJ).
There are also a handful of Japanese stocks that are traded on the NYSE and Nasdaq, such as Canon (CAJ), Honda (HMC), Kubota (KUB), Panasonic (PC) and Toyota (TM) to name a few.
Rising interest rate have two effects that tend to make gold and silver not as attractive. 1. ... rising rates boost the yields on bonds, CDs, and a number of interest-bearing assets. physical gold and silver don't pay a dividend. As lending rates rise, the opportunity cost of owning physical gold and silver rises. If rates continue to remain low, then investors aren't giving up much to instead buy into the shiny yellow and silver metals, as well as their miners.
2. ... rising lending rates have the effect of pushing the U.S. dollar higher, and the dollar and gold tend to have an inverse relationship.
Energy/oil...volatility 'VOLATILITY' Volatility refers to the amount of uncertainty or risk about the size of changes in a security's value. A higher volatility means that a security's value can potentially be spread out over a larger range of values. This means that the price of the security can change dramatically over a short time period in either direction. A lower volatility means that a security's value does not fluctuate dramatically, but changes in value at a steady pace over a period of time. Oil volatility index... The Best Energy ETFs Daily Chart USO and UCO TimeFrames BRENT...BNO ... SCO short ...UCO Bearx3 ERY... ...XLE...Energy...TimeFrames ... BPENER XLE... Daily Chart XLE CandleGlance... XOM...*CVX...SLB..EOG... PXD HAL...OXY.... COP...NOV...APC...VLO... *APA...(T/$97)
ERY Bear x3 ERX BULLX3 XOP...Oil and Nat.Gas Explor/Production XOP CandleGlance ... 08/10AMC WRD (T/$21) WildHorse... PXD, 08/03BMO ***CHK(T/$6-10) 08/03) $4.53 disappointing production data offset a profit and revenue beat.,EOG,COP, *HK (T$8H-10H) ,DVN,SD,XEC,**WLL,**AREX (T/$3.50),CXO,**SWN (T/$10) XES...Oil and Gas Equip/Service XES CandleGlance http://www.npr.org/sections/thetwo-way/2016/11/16/502337471/usgs-announces-its-largest-oil-and-gas-discovery-ever http://oilshalegas.com/wolfcampshale.html UGA...Gasoline ETF UNG...NatGas ...BOIL...NatGasx2 KOL...Coal...TimeFrames ... KOL CandleGlance XLB...TimeFrameS ... MON... DD...FCX ... DOW... PX... NEM... §PPG... APO... LYB... ECL.. XLBCandleGlance...BPMATE
COPPER CandleGlance .........................................................RHWKF.PK...KGHPF>PK...IPMLF.PK...AAUK...AZC... JJU...Aluminum ETF... AA...*ACH... CENX...KALU ..... Aluminum CandleGlance Silver is the money of Merchants (Gentlemen) Copper (Barter) is the money of Peasant Debt is the money of Slaves" Rising interest rates have two effects that tend to make gold and silver not as attractive. 1. ... rising rates boost the yields on bonds, CDs, and a number of interest-bearing assets. physical gold and silver don't pay a dividend. As lending rates rise, the opportunity cost of owning physical gold and silver rises. If rates continue to remain low, then investors aren't giving up much to instead buy into the shiny yellow and silver metals, as well as their miners.
Since interest rates may rise, the demand for treasuries could see a rise, and precious metals may retreat. Not even higher consumer demand worldwide is able to buoy precious metals prices. $BPGDM Gold/Silver Ratio GLD...Gold...TimeFrames ....UGLD......GLL shortx2... DGZ... **************************GOLD = $2,700 in mid-2013... ****************************** GDX ...Gold Miners TimeFrames... $BPGDM Update 01/20 GDX Miners CandleGlance NUGT... GGN Gabelli Global income trust... GOAU ... WPM (SLW)(T-$27-29)... FNV (T/$75H) Franco Nevada (FNV) and Wheaton Precious Metals (WPM) provide miners with cash up front for the right to buy gold and silver in the future at reduced rates. This allows them to avoid the risks of operating mines and lets them lock in low prices and high margins through the cycle. Wheaton Precious Metals pays around $4 an ounce for silver and $400 an ounce for gold, well below the prices the metals fetch today on the spot market. And EBITDA margins at both Wheaton and Franco Nevada remained solidly in positive territory during the commodity downturn when precious metals miners were watching their margins dip deep into the red. Miners agree to these deals for several reasons. The most important being that they get access to cash when other sources, like the capital markets and banks, are more expensive. The recent commodity downturn was a great time for this pair. In 2015 alone Wheaton inked $1.8 billion in new deals and Franco Nevada a $600 million deal. Both had record production in 2016. ... there are a couple of subtle differences here. The first is diversification. Wheaton's portfolio of investments contains 29 mines, eight of which are development properties. Franco Nevada is much more diversified with 46 producing mines, 41 development projects, and 172 exploration investments. Both are diversified, but Franco Nevada is notably more diversified. Franco Nevada also has exposure to oil and natural gas, which Silver Wheaton does not. Franco Nevada's portfolio includes around 80 investment in oil and gas projects with these fuels making up about 5% of revenues. That number should grow over the near term, too, since the company is using the energy downturn as an opportunity to expand its reach in these commodities. So if you want a pure play metals company Wheaton is the better choice, even though gold and silver are the most important part of Franco Nevada's business. ... the biggest difference between these two companies is going to come down to your dividend preference. Franco Nevada has increased its dividend every year for 10 consecutive years, including 2017 in that tally. Wheaton Precious Metals' dividend is pegged at 20% of the average cash generated by operating activities in the previous four quarters. This difference is a big deal since precious metals prices will have a notable impact on the top and bottom lines of both companies. Franco Nevada's goal is clearly to provide a consistent stream of income. Wheaton's goal is to reward investors during the good years while asking them to share the pain during the bad years.Don't instantly dismiss that as less desirable, however. Since gold and silver prices tend to go up when the broader market is going down, Wheaton's dividend is likely to be moving higher when your other investments are struggling and, perhaps, cutting their disbursements. Wheaton could be an interesting dividend portfolio diversification option. https://www.fool.com/investing/2017/08/04/better-buy-franco-nevada-corporation-vs-wheaton-pr.aspx ****ABX(T/23)...*GG.(T/17)..*NEM(T/43)... AEM (T-46)... ¥KGC (T/5) Kinross **RGLD(T-80H)...*****EGO(T/2.40-4) Eldorado Gold... ****AUY(T/$4)...May 2017 National Bank of Canada Analyst Don DeMarco maintained his Canadian-dollar price target of $5.50 ($4.02 in U.S. dollars) after Yamana reported first quarter results. He notes nothing much is new in the way of catalysts for the stock, but there was more "color" on assets and possible sales, and he maintained his outperform rating. Yamana has mines in Brazil, Chile, Canada and Argentina. $3.41 target of $5.50 is more than a 60% increase... ****AGI (T/$9)Alamos ... ... ***AU (T/$13)AngloGold... ***GFI (T/$3.50-4H)..****HMY (T/$1.60H) ... *GOLD... ******SBGL.(T/$9)..Sibanye(PALLADIUM and PLATINUM)... ****BVN (T/$15) ......****NGD (T/$6-7)....... *****VGZ Vista gold ... TGZ.TO ... SA () A Seabridge ***SAND () Sandstorm... ***RIC () Richmont Mines... PPP () A Primero Mining... PVG (T/$13-16.50) ... PZG (T/$4) GDXJ...Junior Gold Mines GDXJ Jr. Mines CandleGlance ****BTG (T/$2.50H) B2Gold...**HL (T/$7-8.50) Hecla Mining ****IAG (T/$6.50-7)... CDE (T-11)... PVG Pretium Resources... AG ... AAU... *PMNXF...CGG.TO... AR.TO...NSU.....******MUX ...*GSV... DNGDF...***GAL.V...GGAZF... *IVPAF... JAGGF...LODE...MXSG...*NCX.V
Stillwater Mining Company (NYSE/SWC), which is an American-based firm that not only produces platinum and palladium from mining operations, but also has recycling facilities for spent catalytic converters. The company is the largest producer of platinum and palladium outside Russia and South Africa. Another option for playing mining stocks in this area is The Sprott Physical Platinum and Palladium Trust (NYSEArca/SPPP), a closed-end fund that holds both metals physically. Let's face it: both of these precious metals are difficult to find and are located in only a few places around the world. We simply can't print more platinum and palladium. http://www.buyupside.com/sample_portfolios/platinumapr08.php Platinum (PPLT)....***(SPPP) ... http://moneymorning.com/2013/03/13/stocks-to-watch-4-ways-to-ride-the-nanotech-revolution/AT..?.ELR.TO Eastern Platinum, JLP.L Jubilee Platinum, NKP.AX Nkwe Platinum, PDL.TO North American Palladium, PLA.AX Platinum Australia, ****PLG Platinum Group Metals, NKL.V Prophesy Platinum Corp,
What's driving palladium? Rick Rule, chairman of Sprott US Holdings, also recently made that case. Writing for Uncommon Wisdom, he noted that the fundamentals for palladium — as well as platinum — "are uniquely suited to the current investment environment," laying out the main factors he sees as casting a bullish light on the metals.For instance, South Africa, Zimbabwe and Russia produce 90 percent of the world's palladium, according to Rule, but supply from all three is being hampered by a variety of issues, including:
As supply dwindles, Rule believes that demand is set to grow, driven mainly by the following factors:
With demand set to grow as supply declines, Rule believes that "[p]latinum and palladium are still undervalued relative to the benefits they provide, but they cannot remain this cheap much longer." They are set to go "higher, perhaps much higher — potentially creating a lot of wealthy speculators along the way.">>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> Other Metals/Specialty Metals Industry €***GSM Rare Earth http://www.buyupside.com/sample_portfolios/rareearth.php ¥REMX...RareEarths
Tesla has already opened their gigafactory in Nevada – and the company is planning on opening as many as 11 more gigafactories in the months ahead…And each one of those "gigafactories" will require a significant amount of lithium in order to sustain production. But there's another side to this story that virtually ensures higher lithium prices over the next several years: Lithium supply is right now considerably behind global demand. LIT is more than an ETF proxy on Tesla. In fact, the ETF really is not that. While Tesla is LIT's fourth-largest holding at a weight of just under 6 percent, that is nothing compared to the more than 24 percent the ETF allocates to FMC Corp (NYSE: FMC). That stock is up 34 percent this year.
All of this adds up to mean that more supply needs to be brought online – and quickly – to meet this growing demand!
This extreme imbalance – with soaring demand yet limited supply – has created an opportunity for lithium mining companies to grow at a staggering pace…if they are able to bring a new supply of lithium to market.
For early investors in "junior" lithium exploration companies that can help feed the world's growing demand…a potential once-in-a-generation profit windfall could await.
One promising company – Millennial Lithium Corp. (TSX: ML ; OTC: MLNLF) – presents an attractive investment opportunity due to its large pipeline of lithium projects located in a lithium-rich region known as "The Lithium Triangle." The company's projects cover 35,000 hectares strategically located near existing major producers in Argentina. And just recently – on June 27 – the company reported positive analytical results from drilling on its Pastos Grandes Project in Salta, Argentina. The results announced confirmed a high grade of lithium beneath the surface…much higher than had been encountered in previous drilling. This news – combined with future drilling results – could mean that "little-known" Millennial Lithium Corp. (TSX: ML ; OTC: MLNLF) may soon see a sharp rise in share price as the market becomes aware of the company's outstanding lithium potential. Lithium Grades 500% Higher Than in Nevada. Chart/News... https://www.google.com/finance?q=MLNLF&ei=tQplWanXJIST2AaG24CgDQ
South America's "Lithium Triangle" is a vast area straddling Argentina, Chile and Bolivia…and it's where more than half of the world's identified lithium resources are located. In fact, Argentina has been called "The Saudi Arabia of Lithium" by Forbes because of its vast amount of lithium reserves. But it's more than just the amount of lithium in the ground that makes property in the Lithium Triangle so attractive – it's also the grade. Grades in the lithium triangle average 500% higher than in Nevada. This is why the region is home to several world-class lithium mines, which are the most profitable in the industry. And this is precisely where Millennial Lithium Corp. (TSX: ML ; OTC: MLNLF)has a pipeline of highly prospective lithium projects covering 35,000 hectares. Right now, most of the world's lithium is being produced in Australia, Chile, Argentina, and China. Australia has the largest production by far, coming in at 14,300 tons in 2016, according to the U.S. Geological Survey. Most of Australia's production comes from hard-rock mines. Chile comes in second place with 10,500 tons, mainly from brine operations in the Salar de Atacama, the country's largest salt flat. Chile has the world's largest lithium reserves held in these briny deserts: 7.5 million tons of our metal oil just waiting to be extracted! Despite these high numbers, it's the last two countries that will be getting all the attention soon. Argentina, with 5,700 tons of production and 2 million tons in reserve. Argentina, meanwhile, has recently opened its doors to a new slew of lithium miners. China, with production at 2,000 tons and reserves around 3.2 million tons, are both looking to ramp up production to meet demand. China already imports much of its lithium supplies from Australian mines. A sudden boom in demand for electric vehicles actually caused a shortage in 2016 and prompted officials to look at increasing domestic production.
... it's lithium's difficult nature that makes it so valuable. It's not rare; it's just hard to get in the quantities we're going to need. Which makes Lowry's point all the more salient: the best thing for the lithium revolution now is to start getting some actual results out of all the energy industry's talk. Lirthium demand is being driven by sales of electric vehicles which according to Moringstar, are expected to rise from 0.3million in 2015 to 11million by 2025. 07/28 "Battery demand is rising at the rate of 1-2 new lithium mines per year, growing to 2-3 mines per year by 2020, and current demand will not only absorb all new mine developments in the pipeline, but will require fresh high quality deposits to be investigated for development," says American Lithium's Kobler. American Lithium raised capital in early May 2016 and bought prospective brine land in Nevada USA on a previously operating Boron mine in late May 2016.
Juniors such as American Lithium (TSXV:LI), Pure Energy Minerals (TSXV:PE), Nevada Sunrise Gold (TSXV:NEV), Alix Resources (TSXV:AIX), Nevada Energy Metals (TSXV:BFF), Lithium X (TSXV:LIX), Ashburton Ventures (TSXV:ABR), Cypress Development (TSXV:CYP), Sienna Resources (TSXV:SIE), Noka Resources (TSXV:NX), Matica Enterprises (CSE:MMJ) all have claims in the Clayton valley. Other companies that have projects in the state are Dajin Resources (TSXV:DJI), Eureka Resources (TSXV:EUK), and Ultra Lithium (TSXV:ULI).
Since the start of the year, the lithium industry has gained access to over $330 million in funding, whether from private placements, government grants, stock options, or other investment vehicles. The summer drilling season is upon us, and any lithium junior that doesn't have a drilling program in place by this time is simply not worth looking at. Buying land in highly prospective areas is easy; completing a successful drill program with results takes more expertise.
*****SQM...SQM is forcefully exerting its dominant position as the lowest cost, highestmargin incumbent lithium producer with aggressive growth plans in Argentina(09/05/16).FMC....**ALB (T/$94H-118H-130-136).. The three largest lithium producers are the Chile-based Sociedad Quimica y Minera (SQM), American FMC Lithium (FMC), which controls the ominously-named Hombre Muerte mine in Argentina, and Albermarle (ALB). 3 companies produce 90% of the world's lithium with SQM controlling one third of all the world's lithium reserves. AABVF... *****ALTAF(T/$0.30) Altura Mining Australia()... ***AVLIF Advantage Lithium.... googleBCRMF Bacanora... CRE.V Critical Elements lithium and rare earths Quebec.. googleCYDVF... DJIFF Dajin Resources a minnow now in the lithium space, but their extensive holdings in the lithium triangle are truly astounding. They have some nice Nevada properties as well. *******GALXF... HREEF...google ILHMF... ***ILC.V.. *****LACDF (T/$1.30)Lithium ;Kings Valley Project located in northwestern Nevada... ***LIEG... .********LIXXF ()... googleLRTTF (hype stock 0.50) 07/21 secondary offering ... googleMLNLF ... LTUM Lithium Corp Nevada ****NLC.V... NMKEF ..... ***NEV.V Nevada Sunrise http://www.nevadasunrise.ca/projects/nevadalithium/ *******OROCF Orocobre...*****ORRP () Lithium mine/Nevada... ***PEMIF Pure Energy Materials... PKX (Korean steel and now add lithium... googlePNXLF Argentina Lithium Co. ... googleRCKTF... googleSRCAF... SNET rare earths and lithium... googleSNNAF... SSMLF Nevada Energy Metals ...... google RRSSF Neometals... googleBCRMF() Bacanora Minerals Lithium/EV/Battery §BYDDF Electric vehicle China ...CBAK China Battery CCGI electric v ehicle (EV) charging stations... ENS EnerSys EGTYF Eguana... *KNDI electric vehicle China...08/09BMO ***HPJ (T/$12.78) lithium,and nickel metal hydride rechargeable batteries... HRG... GELYF Geely Holding Co... *OGES lithium ion large format prismatic cells; small format prismatic cells; and battery modules. **PCRFY Panasonic Corporation... TANH electric vehicles and power batteries ... *ULBI lithium battery... UPGI ... OTHER/Related... RDRUY Neometals...LGEAF Korean Battery... FT.TO Fortune Minerals... LUN.TO Lundin Mining...EFLVF Electrovaya
AES (T/$12) AES Corp... Utility-scale energy storage is expected to surpass 1.6 gigawatts by 2020, edging out the old grid system and making it that much easier to integrate more renewable capacity — once the tech catches up! San Diego Gas & Electric chose a battery design by AES Corp. (NYSE: AES) to begin replacing one of its largest natural gas peaking plants with as much as 300 megawatts of battery storage. The company will also be upgrading the existing plant, but it notes that the end goal is to replace it with renewables later on. Southern California Edison has also contracted Tesla, in a move that should surprise no one by now, to continue building onto its existing 80-megawatt energy storage project in Mira Loma. The system is already online as of this year and can cover peak energy demand for as many as 15,000 California homes. Right now, it's the biggest lithium battery station operating in the U.S. As it stands, electric cars are still set to be the biggest source of growth in lithium batteries in coming years, but that view could shift if this trend gains traction... LIT Lithium research good read...
ZINC zinc-based batteries appeal is that they could pack TWICE the power as their lithium-based cousins. ZZZOF ... GLNCY... HL... HBM... MUX... AG... VEDL (India) ... CZICF ... CZXMF... FWZ.V ...IZN.V ...KTNNF ...NZN.V ... Colbalt http://www.buyupside.com/sample_portfolios/cobaltallexchanges.php http://www.infomine.com/investment/metal-prices/cobalt/ https://seekingalpha.com/article/4066102-ecobalt-solutions-getting-u-s-equity-exposure-cobalt-metal-revolution Cobalt metal is in high demand due to growth in the electric vehicle ("EV") market, which uses lithium-ion batteries to power these vehicles (cobalt being a main component). In conjunction, its growing supply deficit is leading the price of the commodity higher. Macquarie Research projected a supply deficit of 885 tonnes in 2018, 3,205 in 2019, and 5,340 in 2020. That comes to a supply deficit increase of 6x in just two years. For large-cap tech companies and automakers looking to produce electric vehicles, the need for cobalt has become increasingly clear given its role in the lithium-ion battery mix. The metal constitutes a little over one-third of a modern lithium-ion battery's composition (and greater than the amount of lithium used itself). FTSSF ...Fist Colbalt... LEMIF colbalt How the competition is doing - Larger mining companies also have cobalt operations ongoing, including Freeport-McMoRan (NYSE:FCX) (T/$12-16), Katanga Mining (OTCPK:KATFF), Glencore (GLCNF), Fortune Minerals (OTCQX:FTMDF), Barra Resources (OTC:BRCSF), Tiger Resources (OTC:TRSDF), Lundin Mining (LUNMF), and Cruz Cobalt Corp. (OTCPK:BKTPF). CTEQF ... ECSIF eCobalt Solutions... Cobalt metal ... New Battery better than Lithium...John Goodenough, the 94-year-old father of the lithium-ion battery Goodenough is credited with creating the cobalt-oxide cathodes that make up the most powerful batteries we have today, including those used in electric vehicles like Tesla's. From what we know of the new design, nothing has replaced the cobalt.
Right now, production comes mainly from the Democratic Republic of Congo, which, as Keith Kohl has explained before, is riddled with political discord that threatens the reliability of supply.
Which is rough, since the area produced around 66,000 tons of cobalt last year. The next largest haul came from China, with just 7,700 tons.
Any increase in China's production will, of course, be going in large part to domestic use, much like its lithium.
Which means more global supply will have to come from the next runners up: Canada and Russia.
Canada, which produced around 7,300 tons last year, produces most of its cobalt as a byproduct of mining for copper and nickel. That may have to change now that cobalt demand is on the rise.
Russia has already seen the writing on the wall, and minister of industry and trade Denis Manturov has stated that the country will be upping production in the next few years from its 2016 total of just 6,200 tons.
Australia, though its cobalt production dropped from 6,000 to 5,100 tons last year, still has a shot, too.
According to the USGS, the country has the world's second largest reserves at around 1 million tons, though that's less than a third of what can be found in the DRC, and it's held mostly in nickel and copper mines.
TSX-based companies:
24/7 Wall St. reviews hundreds of analyst research reports each week. There are almost endless calls about stocks to buy and stocks to sell, but it is in these low-priced and small-cap stocks where the analyst calls seem to be the most aggressive. Some of these calls come with upside price targets higher by 50%, 100% or even more than current prices.
Investors need to understand that small-cap stocks and low-priced stocks generally have much more implied risk than S&P 500 stocks or Dow Jones Industrial Average stocks. There is a reason there are hardly any analyst reports calling for Dow or S&P 500 stocks to rise 50% or 100%, but there are in the small-cap and low-priced stocks. Please also keep in mind that small-cap and low-priced stocks would almost never pass a "widows and orphans" suitability test for investors. ________________________________________________________________________________________________________________________________________
Even though the U.S economy is about twice the size of China's, the Asian giant's M2 money stock is 70% greater than the U.S. Just in Q1 of this year (2013), credit expanded by $1 trillion in China, equivalent to an entire year's Fed quantitative easing. Yet despite excessive money creation, the Chinese Yuan rose 9% against the dollar since 2008, making the Yuan more overvalued.
DLPH Automotive supplier Delphi teamed up with- yes Mobileye- back in 2016 with the goal of producing fully autonomous cars by 2019 based on cameras and radar rather than lidar (an expensive detection system based on laser). The two companies debuted a prototype Audi SQ5 equipped with the system at CES 2017 conference- and out of all the driverless cars displayed this was the only car that dealt with highway exits and mergers. Despite border tax concerns (Delphi has big Mexican operations), it seems like the market is very bullish- as this TipRanks chart shows Delphi has strong positive signals across the board, from analysts and bloggers to insiders and hedge fund managers.
Message to Congress on Curbing Monopolies. April 29, 1938 http://www.presidency.ucsb.edu/ws/?pid=15637 To Congress Unhappy events abroad have retaught us two simple truths about the liberty of a democratic people.
The first truth is that the liberty of a democracy is not safe if the people tolerate the growth of private power to a point where it becomes stronger than their democratic state itself. That, in its essence, is Fascism—ownership of Government by an individual, by a group, or by any other controlling private power.
The second truth is that the liberty of a democracy is not safe if its business system does not provide employment and produce and distribute goods in such a way as to sustain an acceptable standard of living. Bubble Right In Front Of Our Faces Universal Principles of Successful Trading
The phrase "whatever the market will bear" is typically used in economic discussions. Primarily, when discussing how fees for various products or services are set you'll hear the phrase offered as some explanation for what is really exploitation of the market. It only works well in a non-competitive environment. Adam Smith, the pioneer of political economy who authored An Inquiry Into the Nature and Causes of the Wealth of Nations, would have considered this type of power — as unrestrained greed — that supports the idea of "whatever the market will bear" as a thing too terrible to imagine.
But then, Smith was passionate about liberty, reason, and free speech. He was a classical liberal, a believer in"natural liberty", but not quite the free-wheeling laissez-faire libertarian those who frequently co-opt his theories apparently believe him to be.
Smith believed there was a danger in too much concentration of power which naturally occurs on the side of businesses and the rich in an unregulated environment. There are some interesting parallels between Smith's concerns about the collusive nature of business interests and the problem of our dying Constitution and the consequent perversion of our criminal justice system.
Self-interested competition in the free market, [Smith] argued, would tend to benefit society as a whole by keeping prices low, while still building an incentive for a wide variety of goods and services. Nevertheless, he was wary of businessmen and warned of their "conspiracy against the public or in some other contrivance to raise prices."[footnote deleted] Again and again Smith warned of the collusive nature of business interests, which may form cabals or monopolies, fixing the highest price "which can be squeezed out of the buyers". Smith also warned that a true laissez-faire economy would quickly become a conspiracy of businesses and industry against consumers, with the former scheming to influence politics and legislation. Smith states that the interest of manufacturers and merchants "…in any particular branch of trade or manufactures, is always in some respects different from, and even opposite to, that of the public…The proposal of any new law or regulation of commerce which comes from this order, ought always to be listened to with great precaution, and ought never be adopted till after having been long and carefully examined, not only with the most scrupulous, but with the most suspicious attention." Smith also believed, The subjects of every state ought to contribute towards the support of the government, as nearly as possible, in proportion to their respective abilities; that is, in proportion to the revenue which they respectively enjoy under the protection of the state. and The rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion. How amazing it is, then, that the rich and the conservative so frequently try to justify their dangerous and corrupting acquisition of power by relying upon Adam Smith. But what has this to do with criminal defense and with the corruption of the criminal justice system? A number of things, including that "collusive nature of business interests, which may form cabals and monopolies, fixing the highest price 'which can be squeezed out of the buyers'" and the misplaced laissez-faire attitude of judges towards them. http://www.rhdefense.com/2011/03/11/whatever-the-market-will-bear
Self-interested competition in the free market, [Smith] argued, would tend to benefit society as a whole by keeping prices low, while still building an incentive for a wide variety of goods and services. Nevertheless, he was wary of businessmen and warned of their "conspiracy against the public or in some other contrivance to raise prices."[footnote deleted] Again and again Smith warned of the collusive nature of business interests, which may form cabals or monopolies, fixing the highest price "which can be squeezed out of the buyers". Smith also warned that a true laissez-faire economy would quickly become a conspiracy of businesses and industry against consumers, with the former scheming to influence politics and legislation. Smith states that the interest of manufacturers and merchants "…in any particular branch of trade or manufactures, is always in some respects different from, and even opposite to, that of the public…The proposal of any new law or regulation of commerce which comes from this order, ought always to be listened to with great precaution, and ought never be adopted till after having been long and carefully examined, not only with the most scrupulous, but with the most suspicious attention." Smith also believed, The subjects of every state ought to contribute towards the support of the government, as nearly as possible, in proportion to their respective abilities; that is, in proportion to the revenue which they respectively enjoy under the protection of the state. and The rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion. How amazing it is, then, that the rich and the conservative so frequently try to justify their dangerous and corrupting acquisition of power by relying upon Adam Smith. But what has this to do with criminal defense and with the corruption of the criminal justice system? A number of things, including that "collusive nature of business interests, which may form cabals and monopolies, fixing the highest price 'which can be squeezed out of the buyers'" and the misplaced laissez-faire attitude of judges towards them. http://www.rhdefense.com/2011/03/11/whatever-the-market-will-bear
FactSet Research is on the same page:
"The forward 12-month P/E ratio for the S&P 500 is 16.9. This P/E ratio is based on Thursday's closing price (2249.26) and forward 12 month EPS estimate ($132.79)."
"The forward 12-month P/E ratio for the S&P 500 is 16.9. This P/E ratio is based on Thursday's closing price (2249.26) and forward 12 month EPS estimate ($132.79)."
Goldman Sachs estimates that although the median company currently pays an effective tax rate far below the statutory rate, the impact of an even lower rate could lift S&P 500 earnings by more than 10%. Even a statutory rate of 25% (roughly 29% including state and local taxes), which is more likely given deficit projections, could still boost earnings ex-financials by 8%. Project earnings to $145 over time, and you can see why the new found optimism is prevalent.
Rest assured, there will be speed bumps. Trump's corporate tax proposal, for instance, is likely to stumble in Congress. The usual bickering will start about which tax exemptions get eliminated in return for a simpler code. On top of that, a worsening fiscal backdrop will likely make many in Congress hesitant to support large deficit financed tax cuts. How the market reacts to these anticipated delays will enter into the equation.
Evercore ISI thinks it could take until the traditional August recess for any legislative priority to be achieved. Washington Analysis doesn't think tax reform will take effect until Jan. 1, 2018. That even may be optimistic.
On the other hand, the repatriation of profits back to the U.S. may be easily achievable with the new administration at the helm. Corporate tax cuts will be haggled over, but I can see the negotiations cutting back the existing rate of 35%, one of the highest in the world, to one that is more positive for corporations and the economy. We may not get the 15% the President-Elect wants, but a 20-25% rate would be a good start and a market positive. http://seekingalpha.com/article/4034920-s-and-p-500-weekly-update-outlook-2017-change-air-brings-new-highs-equity-markets EPS as of July 2017...12-month EPS estimate has decreased by 2.5% (to $111.36 from $114.19). Thus, both the increase in the 'P' and the decrease in the 'E' have driven the increase in the trailing 12-month P/E ratio to 19.4 today from 17.9 at the start of the year." May 2014...A measure of stock valuations called the Rule of 20 states that the stock market is fairly valued when the sum of the average price-earnings ratio and the rate of inflation is equal to 20. Above that level, stocks begin to get expensive; below it, they're bargains.
As we have witnessed, energy earnings, or lack thereof, have been discussed ad nauseum. Back in January, I noted that all market participants would have to reconcile what impact that would have on the earnings picture to formulate their strategy going forward. Now the strength of the USD has entered the earnings picture as well. In my case it has made me pause, reflect on all of the conflicting issues and wrestle with the possible outcomes. I did just that before I could decide on a confident outline to allow me to put forth a 6 month (end of '15), and 12 month (mid '16) projections.
The "Base", "Bull" and "Bear" cases for YE 2015 and Mid 2016 ***Feb 22 ...as of the first 2 months of 2016...we are seeing $121 estimates for the S&P 500 and in the chart below =Economy stalls...Energy and Strong $Dollar issues deepen, earnings growth of 2-3%...PE's retract= PE of 15 or 16 times earnings...= the recent low was 1810 and the high of this week was 1930... so the next 3 charts and projections; for now appear overly optomistic for 2016 and beyond...
Year 2015 estimate: $119.23/share... Year 2016 estimate: $133.95/share.... Year 2017 estimate: $149.49/share
Sept. 01, 2015... CAPE (Cyclically Adjusted Price Earnings) ratio. It's a cousin of the popular price-to-earnings (P/E) ratio.
The P/E ratio divides the price of an index or stock by its earnings-per-share (EPS) for the past year. A high ratio means stocks are expensive. A low ratio means stocks are cheap. Robert Shiller's CAPE ratio is the price/earnings ratio with one adjustment. Instead of using just one year of earnings, it incorporates earnings from the past 10 years. This smooths out the effects of booms and recessions and gives us a useful long-term view of a stock or market. Right now, the S&P's CAPE ratio is 24.6…about 48% more expensive than its average since 1881. >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
The People's ISSUE: Greed is good, and high-speed trading is better—if you want to rig the market (Wikimedia Commons) WE...thePEOPLES ISSUE: High Frequency Trading and Front Running the news
Silver Confiscation Economic Collapse "To achieve world government it is necessary to remove from the minds of men their individualism, loyality to family traditions, national patriotism, and religious dogmas." Brock Chrisholm, Director U.N. World Health Organization 1948-1953 Declaration of Independence says the following: "That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness." ...................................................... Prudence .......................................................................... We...thePEOPLE... Has there ever been a time in the last 100 years that the people were more ready to "alter or abolish" our government?! We the People should be mad... A new law scheduled to commence on January 1, 2014 known as FATCA is engineered to keep folks from opening bank accounts outside of the country. We have now joined the former East Germany, North Korea, Cuba, Iran, the former USSR, and 1930's Germany on the list of countries with laws designed to keep our citizens from leaving the country, and in some cases prevent a return should they manage to leave. The Story of Your Enslavement
The Libor scandal "" rel="nofollow" target="_blank">; rel="nofollow" target="_blank" >http://www.bloomberg.com/news/2011-04-13/goldman-sachs-cdos-bet-against-clients-misled-congress-senate-panel-says.html[tag][/tag] Everything you need to know that the media is not telling you... We the people should be Mad...MAD AS HELL ...fear blinds us to opportunity; greed blinds us to danger - emotions cause "perceptual distortion'" where we only see the part of the picture that our beliefs allow us. ...Chowder SeekingAlpha.com http://seekingalpha.com/article/2801595-selling-guidelines-for-self-directed-investors
http://seekingalpha.com/article/2842626-project-3-million-dividend-results-objectives http://seekingalpha.com/article/2742425-valuations-goals-and-the-stock-selection-process http://seekingalpha.com/article/2723275-equity-investing-or-index-investing Looking at some definitions first...and later I will provide some answers...Ki...Kiy...theMatrix "To achieve satisfactory investment results is easier than most people realize; to achieve superior results is harder than it looks." - Benjamin Graham Buy low... Sell high...relative to what...?
The central philosophy of contrarian investing is founded on the belief that the worse things seem to be, the greater opportunity there is for profit. The trickiness of contrarian investing is deciphering Mr. Market's rationality from its irrationality. (MF)
Standard deviation is a measure of the dispersion of a set of data from its mean. The more spread apart the data, the higher the deviation. Standard deviation is also known as historical volatility.
Beta is a measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole.
The psychological affect of the rapid rise in interest rates might begin to become a slight drag on economic growth.
The housing market comprises many variables, and interest rates are just one of them. Incomes, we know, are not rising rapidly, but the housing market inventory is extremely tight. That dichotomy has been bullish for home prices so far, but at some point, higher interest rates will begin to become a larger factor.
Because the overall economic growth of America is still relatively weak, if rates continue rising, this would have an impact on the housing market.
The white in this philosophical flag represents peace and purity. Symbolically, the Yin-Yang symbol represents opposites; it is the belief that all things in the universe have two, opposite aspects that cannot exist without the other. The kwae trigrams are from the I Ching; the broken bars symbolize yin (dark and cold) and the unbroken bars symbolize yang (bright and hot). The four Kwae represent: heaven (three unbroken bars), the Earth (three broken bars), water (one unbroken line between two broken bars), and fire (one broken bar between two unbroken bars). The Kwai trigrams are placed in such a way that they balance one another, heaven is placed opposite Earth, and fire is placed opposite water.
The distributed database created by blockchain technology has a fundamentally different digital backbone. This is also the most distinct and important feature of blockchain technology.
Wikipedia's 'master copy' is edited on a server and all users see the new version. In the case of a blockchain, every node in the network is coming to the same conclusion, each updating the record independently, with the most popular record becoming the de-facto official record in lieu of there being a master copy.
Transactions are broadcast, and every node is creating their own updated version of events. It is this difference that makes blockchain technology so useful – It represents an innovation in information registration and distribution that eliminates the need for a trusted party to facilitate digital relationships. Yet, blockchain technology, for all its merits, is not a new technology. Rather, it is a combination of proven technologies applied in a new way. It was the particular orchestration of three technologies (the Internet, private key cryptography and a protocol governing incentivization) that made bitcoin creator Satoshi Nakamoto's idea so useful. The result is a system for digital interactions that does not need a trusted third party. The work of securing digital relationships is implicit — supplied by the elegant, simple, yet robust network architecture of blockchain technology itself. Defining digital trust Trust is a risk judgement between different parties, and in the digital world, determining trust often boils down to proving identity (authentication) and proving permissions (authorization). Put more simply, we want to know, 'Are you who you say you are?' and 'Should you be able to do what you are trying to do?' In the case of blockchain technology, private key cryptography provides a powerful ownership tool that fulfills authentication requirements. Possession of a private key is ownership. It also spares a person from having to share more personal information than they would need to for an exchange, leaving them exposed to hackers. Authentication is not enough. Authorization – having enough money, broadcasting the correct transaction type, etc – needs a distributed, peer-to-peer network as a starting point. A distributed network reduces the risk of centralized corruption or failure. (... Like the well known bankerCROOKS) This distributed network must also be committed to the transaction network's recordkeeping and security. Authorizing transactions is a result of the entire network applying the rules upon which it was designed (the blockchain's protocol). Authentication and authorization supplied in this way allow for interactions in the digital world without relying on (expensive) trust. Today, entrepreneurs in industries around the world have woken up to the implications of this development – unimagined, new and powerful digital relationshionships are possible. Blockchain technology is often described as the backbone for a transaction layer for the Internet, the foundation of the Internet of Value. In fact, the idea that cryptographic keys and shared ledgers can incentivize users to secure and formalize digital relationships has imaginations running wild. Everyone from governments to IT firms to banks is seeking to build this transaction layer. Authentication and authorization, vital to digital transactions, are established as a result of the configuration of blockchain technology. The idea can be applied to any need for a trustworthy system of record. https://www.coindesk.com/information/what-is-blockchain-technology/
Feb. 25,2017...Bitcoin's legendary February 'bull run' has created an uncomfortable, but inevitable fact. There will be a day in the very near future when Bitcoin price will exceed an ounce of Gold. At that point, which will truly be worth more? Bitcoin or Gold?
The answer may depend on which side of the tracks you are from. The two commodities share a lot more in common than one may think. Bitcoin is called "digital gold" because it is so similar in concept to the precious metal. Gold is known for its scarcity, but Bitcoin is considerably more scarce. Both are used as a hedge against inflation and both represent the pinnacle of their asset class. Gold is currently on a "bull run' of its own, passing $1,250, after starting the year at around $1,150, but Bitcoin price started the year at around $970, so it is only a matter of time before the more volatile digital currency reaches its next benchmark. It is not a matter of if, but when. And when this does take place, the mainstream may initiate another run at Bitcoin, fueling more demand and growth. Bitcoin may then be considered a worthy alternative to Gold.
Intermission........ >>>>>>>> Forever Young >>> Feeling Good>>>>>>>>>Kashmir Cover ...........Does Anybody Really Know What Time It Is? .....................Baker Street ...Do I dare Disturb the universe? In a minute there is time For decisions and revisions which in a minute will reverse. For I have known them all already, known them all— Have known the evenings, mornings, afternoons, I have measured out my life with coffee spoons; I know the voices dying with a dying fall Beneath the music from a farther room. So how should I presume? ...T.S.Eliot >>>>>>>>>>>>>>>>>>>>>>>presume, suppose, take it (as given), take for granted, take as read, conjecture, surmise,conclude, deduce, infer, reckon, reason, think,fancy, believe, understand, suppose to be the case without proof Dream On ....... War of the Worlds...The Spirit of Man... WAR OF THE WORLDS 1hour:35minutes Gold is MONEY...Pink Floyd...Ka-Chang...that chick has a fine behind......MOnEY, MONEY...Price Tag...http://ibankcoin.com/ Oh let the sun beat down upon my face, stars to fill my dream I am a traveler of both time and space, to be where I have been To sit with elders of the gentle race, this world has seldom seen They talk of days for which they sit and wait and all will be revealed Let me take you there. Let me take you there ... Kashmir
"Just look at us. Everything is backwards, everything is upside down. Doctors destroy health, lawyers destroy justice, psychiatrists destroy minds, scientists destroy truth, major media destroys information, religions destroy spirituality and governments destroy freedom." -Michael Ellner
https://vantagepointtrading.com/archives/11068 Price is the ultimate indicator, it tells the real story. While other technical indicators may help interpret price data, price is the basis from which (most of) those indicators are derived. It follows that having advanced price-action-analysis skills will aid your trading. Use to confirm or filter out trade signals via price or other indicators.
Every price wave within a trend can be judged based on velocity and magnitude. That means throughout the trend assessments can be made about the probability of trades in regards to that trend.
If a trend is strong based on velocity and magnitude we know that we want to take the next valid trade signal (based on our trading plan) that will get us into that trend. If velocity and magnitude are significantly weakening then the trend may be ending and therefore the next trade signal may be filtered out, or our expectation/target for the trade lowered.
Magnitude in regards to analyzing price action simply refers to the length of price waves, relative to other price waves of consequence. If the price runs for a long way in one direction without a significant pullback, then that run has strong or large magnitude. During a trend we want to see the impulse waves (waves in the direction of the trend) have large magnitude relative to the pullbacks.
Short waves have little or weak magnitude. The price is not moving aggressively in one direction. During a trend, pullbacks should have weak magnitude relative to the impulse waves of the trend.
Magnitude is not measured in absolutes, it is always relative. Waves are measured against recent waves, as well as the overall outlook. In figure 1 the trend is down because the impulse waves are larger than the smaller pullbacks. Toward the middle of the chart there are some stronger pullbacks, relative to recent down waves. While this may deter us from taking a short position for a period of time, looking at the overall outlook the pullback is not big enough to rival the major down waves.
Here are some basic guidelines for analyzing price action with magnitude:
Compare a pullback to other pullbacks, impulse waves and the overall trend. Do the same for impulse waves; comparing them to other recent impulse waves, recent pullbacks and the overall trend.
It can also help to view another time frame as well. If trading off a 1-minute chart, (like above), it may help to view a 5 minute chart as well. This will provide a slightly broader perspective, and you may notice some relative strengths or weaknesses in waves that you hadn't noticed on the shorter time frame chart.
Velocity is how fast price covers distance, and is used in conjunction with magnitude.
A very fast price move which covers a significant distance (relative) shows greater conviction than a move that moves very slowly.
Figure 2 shows the same chart as above, yet we can also use velocity to analyze this chart, in conjunction with magnitude. Moves down are not only larger than pullbacks, but they occur faster than the pullbacks–the impulse waves down cover more distance in a quicker amount of time.
Having magnitude and velocity on the side of the market you are trading is ideal (ie. taking short positions when strong velocity and magnitude are to the downside).
Velocity is most applicable when combined with magnitude. A short burst of velocity isn't particularly important, since it could just be one or two big orders being filled in the market. A move of large magnitude which also has velocity shows a lot of power and conviction, and may either confirm the trend (if in the trending direction) or indicate a reversal (if moving against the trend).
Extremely large moves with substantial velocity (both relative to recent price action) usually indicate some sort of news announcement or some unusual event. In such cases, technical analysis is generally useless, and it is recommended traders step aside until valid signals based on more stable market conditions emerge.
Analyzing price action is a constant task. Being able to adjust to new information is critical.
Traders may wish to develop some guidelines or rules about velocity or magnitude in their trading plan. While these concepts are relatively simple to understand in theory, I consider them advanced trading techniques because they have the potential to turn a rule-based system (which most new traders use) into a hybrid trading system–one which has rule-based elements incorporated with more subjective elements such as interpreting velocity and magnitude.
Subjective or hybrid type systems are harder to test. Basically you need to hone your price analysis skills in a demo account, and only when you see–over many trades–that using this information provides you with an edge should you attempt to implement this knowledge using real money.
Agreeing that something works, or can aid your trading, is very different than actually being able to do it, and use that knowledge in real time trading. Therefore, practice, practice, practice. It is always easier to do this in hindsight, yet this will be the starting point as you begin to practice using these concepts. Go through historical charts and analyze velocity and magnitude and how it impacted the trend, as well as potential trades you may have taken. Then proceed to trade using this information in a demo account, marking up charts in real-time, noting changes in velocity and magnitude, and how those changes affect the price waves that follow (see 5 Step Plan for Forex Trading Success).
Realize that velocity and magnitude are constantly in flux. We must look at an overall picture of what is occurring as well as note details about each wave. This is the study of current price waves relative to recent price waves. There is still an element of uncertainty. Everything can look great and we will still lose trades. By analyzing price action based velocity and magnitude–and being able to effectively act on the information we interpret and alter our expectations/targets–hopefully those losing trades will happen slightly less often for you. By Cory Mitchell, CMT Follow me on Twitter @corymitc and check out our Facebook page.
The American people know... inflation is not well under control, for they know how far the purchasing power of a dollar has dropped when they go to the supermarket or service station.
They are pretty sure they are not getting reasonable value from the taxes they pay.
When an economist tells them that growing the nation's debt over the past 12 years from $6 trillion to $16 trillion is not a problem, and that doubling it again will still not be a problem, this simply does not compute. They know the trajectory we are on.
When politicians claim that this tax increase or that spending cut will generate trillions over the next decade,they are properly skeptical over whether anyone can truly know what will happen next year, let alone a decade or more from now.
They are wary of grand bargains that kick in years down the road, knowing that the failure to make hard decisions is how we got into today's mess. They remember that one of the basic principles of economics is scarcity, which is a powerful force in their own lives.
They know that a society's wealth is not unlimited, and that if the economy is so fragile that the government cannot allow failure, then we are indeed close to collapse. For if you must rescue everything, then ultimately you will be able to rescue nothing.
They also know that the only reason paper money, backed not by anything tangible but only a promise, has any value at all is because it is scarce. With all the printing, the credibility of our entire trust-based monetary system will be increasingly called into question.
And when you tell the populace that we can all enjoy a free lunch of extremely low interest rates, massive Fed purchases of mounting treasury issuance, trillions of dollars of expansion in the Fed's balance sheet, and huge deficits far into the future,they are highly skeptical not because they know precisely what will happen but because they are sure that no one else--even, or perhaps especially, the policymakers—does either. ...Seth Klarman
Complex systems weakened by diminishing returns collapse under their own weight and are replaced by systems that are simpler, faster and affordable. If we cling to the old ways, our system will disintegrate. If we want sustainable prosperity rather than collapse, we must embrace a new model that is Decentralized, Adaptive, Transparent and Accountable (DATA). http://www.oftwominds.com/blog.html
We are not powerless. Not accepting responsibility and being powerless are two sides of the same coin: once we accept responsibility, we become powerful.
Robin Griffiths, the renowned technical strategist, once opined that "Trading is a traffic light system. At a traffic light, you wait for it to turn green and then you go. You don't try to predict when it'll go green."
Unfortunately, far too many investors believe that to achieve success in the stock market one must become supreme master of the crystal ball by creating a complex methodology that will predict where the market is headed. In reality, this is the absolute antithesis of what market wizards will tell you. For that reason, I think Robin's metaphor is spot on.
At a traffic light, you sit patiently with your foot on the brake; when the light turns green, you hit the gas and off you go. It's straightforward, and the average Joe who drives generally follows this program. You don't try to predict when the light will change; you simply respond appropriately when it does.
There you have it – my trading methodology in a nutshell. Occasionally, I do remind myself that I'm not in the business of trying to divine the market's direction. I'm in the business of reacting to it.
I maintain that Wall Street is the world's most sophisticated disinformation machine ever devised. Ask yourself how often you've witnessed the marketing and hype influencing the market so much more than the actual facts and data.
It is exactly for this reason that I trust my charts, believing that their price and volume tell me everything I need to know to separate market noise from profitable trading signals. I watch and I wait for their signals to turn 'green', then I take my foot off the brake, step on the gas and just click the 'buy' button.
What this amounts to is 'evidence-based trading for dummies.' That's not to suggest there's no skill involved. Stepping on the gas and clicking the 'buy' button still requires a trader to channel his or her unemotional android side. Plus there is all the resourceful stalking, position sizing and stop-setting that should go on before you trade. But my point is this: don't allow yourself to become confounded and bewildered, thereby freezing at the intersection . Instead, when the light turns green, take your foot off the brake and step on the gas. Trade well; trade with discipline! -- Gatis Roze
These are ten of Bob Farrell's most famous observations:
1. "Markets tend to return to the mean over time." For those of you who've taken statistics, you know exactly what this refers to: stocks often move too far in one direction as euphoria or pessimism clouds people's thinking. Investors lose perspective and start believing the little devil on their shoulders.
2. "Excesses in one direction will lead to an opposite excess in the other direction." I think of it like bungee jumpers whose cords stretch out and then compress multiple times before they come to rest or achieve equilibrium.
3. "There are no new eras – excesses are never permanent." As the latest hot sector climbs higher and higher, you inevitably hear variations of the chorus shouting "it's different this time". Of course, human nature does not change so it never really turns out to be any different. 4. "Exponential rapidly rising or falling markets usually go further than you think, but they do not correct by going sideways." The smart money locks in profits which leads to significant selling and inevitably to a correction.
5. "The public buys the most at the top and the least at the bottom." It's been this way since humans invented commerce.
6. "Fear and greed are stronger than long-term resolve." Research in behavioral finance has shown that stock market gains make us exuberant; they enhance well-being and promote optimism which makes investors like to buy. Losses, on the other hand, bring sadness, disgust, fear and regret. Fear increases the sense of risk which thereby makes investors shun stocks.
7. "Markets are strongest when they are broad and weakest when they narrow to a handful of equities." Think of it as strength in numbers. Broad breadth (i.e. market participation) and big volume is important. When wide ranging momentum channels into a small number of stocks, the top is near. 8. "Bear markets have three stages – sharp down move, reflexive rebound and a drawn-out fundamental downtrend."
9. "When all the experts and forecasts agree, something else is going to happen." Farrell suggests that patient buyers who raise cash in frothy markets and reinvest when sentiment is darkest can profit nicely.
10. "Bull markets are more fun than bear markets." It has been my observation that historically the markets have rewarded optimists to a far larger degree than pessimists. I prefer to play in the bulls' camp. Trade well; trade with discipline!-- Gatis Roze
86.5% of analyst recommendations are "BUY", they are wrong 50.2% of the time. John Bollinger estimates that 85% of a security's daily closing prices will fall within the channel. Bollinger also devised a computation he refers to as %B, a ratio, to describe where the price rests within the channel. The calculation is the closing price minus the lower band, and this difference is divided by the difference between the upper band and the lower band. The popular 20-period SMA, two standard deviation–version of Bollinger bands and %B. The upper limit of the channel is 1, while the lower limit is zero. Thus, a %B of 0.5 rests in the middle of the channel and a %B of 1 or zero rests on the edges of the channel. Bollinger believes the probability of a price trend event increases when %B rests on the edge of the channel. %B is price within the Bollinger Bands Bollinger Bands and Fibonacci Buy low Sell high..."relative" to what? Price is the best indicator... On-balance volume is based on the assumption that volume trends lead price trends. Granville and Fosback are insistent that on-balance volume leads price; further, Fosback states in Stock Market Logic that negative volume "is one of the best bull market prediction indicators in existence." EMV...Ease of Movement stockRSI Rule based system... http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79372319 Simple...Simple part 2... http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79373136 $TRIN...stochTRIN ***4th...If you're going to daytrade swing trade...You need to understand the $TRIN http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79428243 Market Internals http://bigcharts.marketwatch.com/markets/default.asp NYSE Tick & Breadth: Thinkorswim Chart Setup The TICK is the number of NYSE stocks registering an uptick vs those registering a downtick. http://spiraldates.com/ http://new.mmacycles.com/ Yet, according to what we have been stating here for the past two years, this historic and overly accommodative period is nearing its end, and the next bout of rate tightening is coming up in early 2016. Sometimes these aspects can start manifesting events symbolic of their dynamics a little before they actually hit, or during the time they are in strongest force, or even a little afterwards. In this case, we are looking at the Saturn/Neptune waning square, which makes its first exact passage on November 26, 2015, and its last of three passages on September 10, 2016. This single 36-year geocosmic signature has an exceptional correlation to the end of long-term interest rate cycles in the USA. Moon Cycle... or is it... Moon Psycho...in any case its a unique CYCLE and one day I may have more to say about it... http://lunaf.com/english/moon-phases/lunar-calendar-2014/ Put/Call Ratio
PEG Ratio Lynch was a firm believer that investors should only buy stocks when the P/E ratio was below the company's historical growth rate. This equates to a PEG ratio below 1 and ensures that investors do not overpay for stocks. We should be willing to "pay up" for fast growing companies, but not to absurd levels that will inhibit future returns.
No wonder members of Congress scratch their heads when days after passage of spending bills, all sorts of last-minute wasteful insertions are discovered.
The movement was described in a column in Monday's Journal Star written by Kevin Ferris of the Philadelphia Inquirer.
One campaign in the movement calls for members of Congress to sign a pledge not to vote on health care reform until they personally have read the bill and until the final version of the bill has been posted on the Internet for 72 hours.
The congressional habit of approving massive bills inches thick that no elected members had time to read has bothered the editorial board for years. In 1998, the board opined, "The way the 105th Congress handled the $520 billion spending bill was irresponsible, dishonest, mindless and disgusting. The bill itself, which was 16 inches thick and weighed 40 pounds, is a monstrosity, something put together like the Frankenstein monster. We know this is true. Members of Congress themselves said so."
Giving the public a chance to read the legislation also holds potential. As Colin Hanna, of the conservative group Let Freedom Ring put it, "We have the technology to make complex legislation available for public and media inspection. We're not being true to the ideals of democracy if we don't take advantage of that technology."
Other organizations on the "read the bill" bandwagon are the Sunlight Foundation, the federation of U.S. Public Interest Research Groups, the Center for Responsive Politics, Citizens for Responsibility and Ethics in Washington and the National Taxpayers Union, who support legislation that would require all legislation to be posted online 72 hours before they are debated.
Some members of Congress have declined to sign on the grounds they refuse to sign pledges of any kind. Fine. A verbal promise would do just as well for now, followed by a vote in support of putting legislation online.
After meetings with Walmart representatives, public letters to the company's CEO, and picketing Walmart stores over the past several years (see timeforaraise.org and give1010avote.org), we see that Walmart now decides to be one step ahead of several pursuing state laws that are raising the minimum wage.
Still, Walmart's increase to $9 an hour in April and to $10 an hour next February is less than what Walmart had to pay its workers in 1968, inflation adjusted. That would be $11 an hour.
Moreover, Walmart workers want more than part time hours to even try to partly make ends meet. Walmart's announcement does not address this problem for their workers, beyond making part-time scheduling notices more predictable.
At $11,000 an hour plus lavish benefits, Walmart CEOs still have much to do to make it possible for their workers to make ends meet.
Just what is fair pay? Plato said the income of the highest paid in society should never amount to more than five? times that of the lowest paid. ForDavid Cameron, a ratio of 20 times between the highest and lowest paid is the maximum tolerable – in the public sector, at least. The new prime minister has yet to state what the comparable private sector figure should be.
In the corporate world the figures speak for themselves. The pay gap between the boardroom and the shopfloor of Britain's top firms has almost doubled in size over the last decade. The chief executives of the UK's 100 largest companies overall earned 81 times the average pay of fulltime workers in 2009, against a ratio of just 47 nine years earlier. Hardly a Platonic relationship.
It is, of course, in banking that the scale of rewards has become most out of kilter. And it hasn't escaped the public's notice that only a year or so ago Britain's banks were saved from collapse by an unprecedented injection of billions of pounds of taxpayers' money.
My worry is that scepticism about the world of high finance is spilling over into other sectors: the public is questioning the very nature of business and its benefits for the wider community. "Why, the public will ask, should we continue to support a business structure where bosses simply see the aim as enriching themselves, with little regard for the environment or society generally?"
The public is also starting to grasp that the misalignment of bonuses with corporate strategies is threatening businesses's very survival. The cult of shareholder value has fostered a short-term focus which has led to excessive risk-taking and contributed to business collapse. In some industries long-term strategy and long-term sustainability have been relegated to minor roles.
So what should right-minded executives, directors and owners of companies do?
Enron was a clear example – its corporate culture was based on a single performance metric: maximising its share price without regard for employees, customers or other stakeholders. More recently, the failure of Lehman Brothers has been linked to outsized executive pay deals. Analysis by the Harvard Law School found that the top executive team extracted $1bn in cash bonuses and equity sales during 2000-08, suggesting their pay deals encouraged them to take excessive risk.
This leads to the second principle, which is that there must be a close link between the potential rewards and the risks an employee is taking on behalf of the firm. For those who take long-term risks, such as building a mortgage book with a 10-year maturity, it seems sensible that bonus payments should be over a similar time. Bonuses could be paid annually in one-tenth parts, or retained in a fund until retirement, or paid only in shares of the employer.
The third principle is the most important – that there should be a better balance between the rewards given to the owners and the employees of a business. No single employee can deliver success alone. Every hotshot trader or hard-working manager depends on an overall strategy hammered out by their company, access to capital and market intelligence, corporate reputation and back-office support.
According to the New York authorities, Wall Street banks will pay $20bn in bonuses and retain $55bn in profits this year. Does this really reflect the contribution those individuals have made? This is a question that a company's remuneration committee, which has all the facts about the business at its fingertips, should be able to answer.
There is hope. Some bank executives have waived their bonuses. Moreover, investors are attempting to clamp down. Five company reports on pay were voted down by investors last year.
Not all bonus payments are bad. The fact that 70,000 partners in the John Lewis Partnership will share in a £151m bonus pool is seen as a fair and proportionate reward. But if the public can see no link between a bonus and performance, they are entitled to object.
Excessive bonuses are a market failure and it ought to be possible to solve them through market pressure. But owners must show they are prepared to take action. Any crackdown on public sector bonuses should send a clear message to the private sector: address excessive pay or it will be addressed for you.
Plato was right – there is an implicit agreement in society that the rich cannot simply exploit their power to unreasonably enrich themselves. MEDIAN CEO PAY CROSSES $10 MILLION IN 2013 Last year was the fourth straight that CEO compensation rose following a decline during the Great Recession. The median CEO pay package climbed more than 50 percent over that stretch. A chief executive now makes about 257 times the average worker's salary, up sharply from 181 times in 2009.
RON Paul penned the book End the Fed in 2009, and is now the chairman for the Campaign for Liberty. The organization's website says its mission is to promote and defend liberty. As part of that mission, the non-profit organization opposes the Fed "for economic and moral reasons." It says the U.S. "central bank's ability to create money out of thin air transfers wealth from the most vulnerable to those with political pull," and that the Fed had "reduced the value of the dollar by 95 percent since it began in 1913." In an interview with Bloomberg Businessweek, Senator Rand Paul ( R-KY), who is Ron Paul's son, said his preferred choice for the next chairman of the Federal Reserve would be either Friedrich Hayek or Milton Friedman, both of whom are dead. BANKERcrook's insanity Minsky moment Keiser Report: Bankers and miracles Keiser Report: Fanatical Central Banking
"We're gonna keep growing......Okay? And, obviously, I'll say it: 'If you're growing, you're not in recession, right?'. I mean, we all know that!" - Henry "Hank" Paulson, fmr US Secretary of the Treasury and Goldman Sachs Stooge
Source: TARP Report, August 26, 2013 http://seekingalpha.com/article/1670612-what-is-the-most-dangerous-global-institution-and-banks-to-avoid-revisited?source=feed
Why Banks Are Fighting Against Any Limits On What They Can Do
Senior bank officials want to make a lot of money, and they can't justify their pay-checks if they can't take big risks. Taking risks are a win-win proposition for bank executives. If they guess right, they make a lot of money and justify their salaries. If they guess wrong, governments bail them out. Have any of the big bank presidents lost their jobs as a result of the banking collapse in 2008? No.
After the recent Morgan loss referenced above, Senator Merkley suggested to JP Morgan President Dimon: "If you want to be the head of a hedge fund, be a hedge fund…. Terminate your access to the Fed's discount window, terminate your access to deposits, and then we have no quarrel." Fine with me.
Bank gambling with depositors' money cannot be effectively managed. The Basel Accords are a joke. What to do? Don't allow depository institutions to gamble. How? As I have been arguing since 2009, limit government deposit insurance to banks that hold the loans they make to maturity and do not trade on their own account. Does this sound like the 1933 Glass-Steagall Act? It does. The authors of that bill were right: trading is too dangerous for depository institutions. Jim Rogers predicted it could be 2015 before the Fed begins to reduce its huge monetary stimulus, but there will be no avoiding the harm to an inflated stock market when the tapering finally begins. "These are not very smart people," he said of U.S. central bankers such as outgoing Fed chair Ben Bernanke and Yellen. "They are government bureaucrats and they think like government bureaucrats." VULTURES and Bootleggers
Bankers are..."Just doing God's work"
The Fed JAN. 06, 2017 http://seekingalpha.com/article/4034920-s-and-p-500-weekly-update-outlook-2017-change-air-brings-new-highs-equity-markets Another issue that needs to be monitored closely is inflation expectations. Given that the yield on the 10-year note has risen 75 basis points from 1.7% to 2.4% since the election, it is clear that the market is concerned about a faster rate of inflation. If that develops the Fed comes back into the picture with a more aggressive approach to interest rates. At the moment, we still have tepid growth. Understanding that it will take time for any of the administration's pro growth policies to trickle down to the economy, I give the probability of two rate increases a higher chance of occurring than the three to four that is being forecast. The gap between expectations and what actually transpires would have to contract for me to get on the three to four increase train.
Bernanke ringleader of the counterfeiters and is known on the street as 'Helicopter Ben'.
Known accomplices, Hank 'The Hammer' Paulson, Timothy 'Turbo' Geithner, Jack 'Citiboy' Lew, Jamie 'The Cufflink' Dimon, and Lloyd 'The Squid' Blankfein. April 2015... http://www.zerohedge.com/news/2015-08-02/citadel-unit-barred-trading-china-after-regulator-suspects-automated-trading-manipul By Andre Damon 18 April 2015 Ben S. Bernanke, the former Federal Reserve chairman who funneled trillions of dollars in government funds to Wall Street, has been hired by Chicago