Archive for 2011

One Ounce Of Religious Non-Money Tradition = $1700

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

And while the world’s reserve currency, better known to various Chairsatans as “money” continues dropping to record lows courtesy of his dollarcidal tendencies, the “tradition” also known as a “barbarous relic” just passed $1,700. We will be sure to point out when it passes $1,800, $1,900 and $2,000 next.





One Ounce Of Religious Non-Money Tradition = $1700

Courtesy of ZeroHedge. View original post here.

And while the world’s reserve currency, better known to various Chairsatans as "money" continues dropping to record lows courtesy of his dollarcidal tendencies, the "tradition" also known as a "barbarous relic" just passed $1,700. We will be sure to point out when it passes $1,800, $1,900 and $2,000 next.





So Much For QE2: The Market Indexed For Dollar Devaluation Is Now Back To Jackson Hole Levels

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

While the notional level of the market is still modestly higher than late August 2010, when indexed for that other component which everyone always forgets, yet which is an integral part of any net purchasing power calculation, the devaluation of the dollar, the S&P is now precisely at the levels at which Bernanke let QE2 loose with his Jackson Hole speech. Which means the time for QE3 has come. Of course, the notional value at the end will be that little bit higher, offset by yet another major drop in the value of the AA+ (outlook negative) US currency.





So Much For QE2: The Market Indexed For Dollar Devaluation Is Now Back To Jackson Hole Levels

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

While the notional level of the market is still modestly higher than late August 2010, when indexed for that other component which everyone always forgets, yet which is an integral part of any net purchasing power calculation, the devaluation of the dollar, the S&P is now precisely at the levels at which Bernanke let QE2 loose with his Jackson Hole speech. Which means the time for QE3 has come. Of course, the notional value at the end will be that little bit higher, offset by yet another major drop in the value of the AA+ (outlook negative) US currency.





China Enters Bear Market

Courtesy of ZeroHedge. View original post here.

That is all.





China Enters Bear Market

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

That is all.





The Farce Is (Again) Complete: Former Obama Budget Chief Orszag Says Official Economic Projections “Too Optimistic”

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

And so the comedy circle is complete yet again after none other than former White House budget chief Peter Orszag throws cold water in the face of the White House, the Treasury and everyone else who has so far been so stupid to continue to deflect blame for America’s horrendous fiscal situation purely on S&P and its “colossal $2 trillion mistake.” Because if the guy who up until a year ago personally came up with the White House’s voodoo numbers is telling you they are full of shit (the numbers, not the White House), perhaps it does put the administration’s claim that it is all S&P excel spreadsheet skills that are at fault, in a slightly different light.

  • ORSZAG: OFFICIAL U.S. ECONOMIC PROJECTIONS ‘TOO OPTIMISTIC’
  • PETER ORSZAG IS A FORMER WHITE HOUSE BUDGET CHIEF
  • CITIGROUP INC.’S PETER ORSZAG COMMENTS ON BLOOMBERG TELEVISION

In the meantime, as posted yesterday, enjoy the CBO’s far, far better predictive track record.





The Farce Is (Again) Complete: Former Obama Budget Chief Orszag Says Official Economic Projections “Too Optimistic”

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

And so the comedy circle is complete yet again after none other than former White House budget chief Peter Orszag throws cold water in the face of the White House, the Treasury and everyone else who has so far been so stupid to continue to deflect blame for America’s horrendous fiscal situation purely on S&P and its “colossal $2 trillion mistake.” Because if the guy who up until a year ago personally came up with the White House’s voodoo numbers is telling you they are full of shit (the numbers, not the White House), perhaps it does put the administration’s claim that it is all S&P excel spreadsheet skills that are at fault, in a slightly different light.

  • ORSZAG: OFFICIAL U.S. ECONOMIC PROJECTIONS ‘TOO OPTIMISTIC’
  • PETER ORSZAG IS A FORMER WHITE HOUSE BUDGET CHIEF
  • CITIGROUP INC.’S PETER ORSZAG COMMENTS ON BLOOMBERG TELEVISION

In the meantime, as posted yesterday, enjoy the CBO’s far, far better predictive track record.





Swing trading virtual portfolio – week of August 8th, 2011

Reminder: OpTrader is available to chat with Members, comments are found below each post.

This post is for all our live virtual trade ideas and daily comments. Please click on "comments" below to follow our live discussion. All of our current  trades are listed in the spreadsheet below, with entry price (1/2 in and All in), and exit prices (1/3 out, 2/3 out, and All out).

We also indicate our stop, which is most of the time the "5 day moving average". All trades, unless indicated, are front-month ATM options. 

Please feel free to participate in the discussion and ask any questions you might have about this virtual portfolio, by clicking on the "comments" link right below.

To learn more about the swing trading virtual portfolio (strategy, performance, FAQ, etc.), please click here

Optrader 

Swing trading virtual portfolio

 

One trade virtual portfolio





Why The ECB’s Monetization Is Doomed In One Simple Chart

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

By now every Zero Hedge reader should be familiar with the two step process that is supposed to rescue Europe. First, the ECB will do more of the same whereby its SMP program will purchase billions in bonds, this time Italian and Spanish (after it already tried the same with Greek, Irish and Portuguese bonds) for temporary stabilization. Then, the EFSF will take over, and acquire up to the entire outstanding debt of all the PIIGS and whoever else afterward, with Germany ultimately footing the bill following the French downgrade from AAA which would make it an ineligible funder (and, hence, shortly thereafter: a drain). Well, the ECB is already pregnant to the tune of €74 billion. And shortly, this number will likely double, and taper out there in advance of the EFSF launch in 2 months. Yet as Bloomberg’s Michael McDonough demonstrates, the current ECB intervention has been nothing short of an abysmal disaster, with the ECB spending the abovementioned amount only to see average 10 Year peripheral rates double over the same time period. Alas, this is precisely what the chart will show once the SMP resumes and another €150 billion in worthless Italian and Spanish bonds is purchased (yes, none of our Centrally Planned leaders still get that IT.IS.ALL.ABOUT.CASH.FLOWS…. and far more importantly the lack thereof). Net result, spreads will likely double yet again, at which point Germany will say enough as the risk of cumulative 100% loss becomes non-trivial and the potential loss of up to 133% of its GDP forces Germany to close the curtains on the euro experiment. So prepare for a rip in bond yields tomorrow morning as the ECB goes hog-wild in secondary markets, only to be followed by a bleed wider in spreads first slowly, and then very, very fast.





 
 
 

Zero Hedge

"When Hillary Gets Scared, She Plays The Russia Card"

Courtesy of ZeroHedge. View original post here.

By Gary Leupp, Professor of History at Tufts University, originally posted on Counterpunch

Hillary Clinton’s Campaign Against Russia

George H. W. Bush’s unsurprising support for Hillary Clinton strengthens the alliance of careful, conniving warmongers (including both neocon and “liberal interventionist” camps), admiring former generals,  middle and upper-class “Clinton Coalition” African-Americans (including clerics and TV commentators like MSN...



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ValueWalk

DIY: How to destabilise a continent?

By Independent Trader. Originally published at ValueWalk.

The immigration crisis hit Europe dozen months ago was dominated by a strong unanimous voice of European officials and institutions. The debate was driven by sympathy and need to accommodate fleeing asylum seekers. This narrative was not broken by any threats posed by so massive crowd. Crimes and even terrorist attacks were not enough to change the policy of the Western Europe.

Photo by Ginger Brew @gbrew

The new angle was discovered with leaked documents of Open Society Foundation – a charity of George Soros. From them, we can learn how one man’s vision can lead media efforts and align hundreds of politicians a...



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Phil's Favorites

What Lies Beneath

 

[Image from Pixabay]

What Lies Beneath

Courtesy of GEORGE MONBIOT

[Originally published (here) at The Guardian and cross-posted at George Monboit's website.]

It’s a simple choice: stop all fossil fuel prospecting, or break the Paris agreement on climate change.

Do they understand what they have signed? Plainly they do not. Governments l...



more from Ilene

Market News

News You Can Use From Phil's Stock World

 

Financial Markets and Economy

EU Banks Eye $5 Billion Capital Respite on SEC Clearing Vote (Bloomberg)

A decision by the U.S. Securities and Exchange Commission may bring European Union banks a step closer to avoiding billions of dollars of capital charges on their trades in derivatives and other securities.

WTO cuts 2016 world trade growth forecast to 1.7 percent, cites wake-up call (Reuters)

The World Trade Organization cut its forecast for global trade growth this year by more ...



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Mapping The Market

The Industry That Was Crushed By The Obama Administration

By Jean-Luc

Good riddance – cleaned up a lot of frauds there:

The Industry That Was Crushed By The Obama Administration

In early 2009, the seven largest publicly traded college operators were worth a combined $51 billion. Today, they’ve been all but wiped out.

When Barack Obama took office, America’s seven largest publicly traded college operators were worth a combined $51 billion, with more than 815,000 students enrolled at campuses spread across the country. The schools were flooded with with people seeking shelter from the recession, returning to school to pick up new skills.

Almost eight years later, the industry has been decimated. The seven largest listed operators are worth just over $6 billion, and the most valuable co...



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Kimble Charting Solutions

Japanese YEN testing triple breakout level

Courtesy of Chris Kimble.

Below looks at the Japanese Yen over the past 20-years.

For the majority of the time, the YEN has remained inside of rising channel (A). Now a big test is in play, after breaking support.

CLICK ON CHART TO ENLARGE

The Yen remained inside rising channel (A) from the mid 1990’s until 2014, where it broke below rising support. The rally that has taken place since the lows ...



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Chart School

RTT browsing latest..

Courtesy of Read the Ticker.

Please review a collection of WWW browsing results.



Date Found: Saturday, 26 March 2016, 02:36:15 PM

Click for popup. Clear your browser cache if image is not showing.
Comment: ZH: Its a BULLARD market, the FED jaw boning is keeping the market up!



Date Found: Sunday, 27 March 2016, 02:31:30 PM

Click for popup. Clear your browser cache if image is not showing.
Comment: RTT: World trade near 2008/09 lows. SP500 near all time highs. PLACE YOUR BETS! Roll up! Roll up!



Date Found: Tuesday, 29 March 2016, 02:42:11 PM

Click for popup. Clear your browser cach...



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OpTrader

Swing trading portfolio - week of September 26th, 2016

Reminder: OpTrader is available to chat with Members, comments are found below each post.

 

This post is for all our live virtual trade ideas and daily comments. Please click on "comments" below to follow our live discussion. All of our current  trades are listed in the spreadsheet below, with entry price (1/2 in and All in), and exit prices (1/3 out, 2/3 out, and All out).

We also indicate our stop, which is most of the time the "5 day moving average". All trades, unless indicated, are front-month ATM options. 

Please feel free to participate in the discussion and ask any questions you might have about this virtual portfolio, by clicking on the "comments" link right below.

To learn more about the swing trading virtual portfolio (strategy, performance, FAQ, etc.), please click here ...



more from OpTrader

Members' Corner

Market Liquidity and Macroeconomic Bullshit

 

Market Liquidity and Macroeconomic Bullshit

Courtesy of The Nattering Naybob

STJL - "Apparently macroeconomics is all bullshit – ROFL! Paging Naybob now… Famous Economist Paul Romer Says Macroeconomics Is All Bullshit."

The Nattering One muses... Macroeconomics as practiced by academics and those in charge is pure voodoo. Better to chant over goat blood, bird feathers and scattered entrails...

As for reality, overnight CNH HIBOR (...



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Digital Currencies

Gold, Silver and Blockchain - Fintech Solutions To Negative Rates, Bail-ins, Currency Debasement and Cashless

Courtesy of ZeroHedge. View original post here.

By Jan Skoyles

I was so pleased yesterday by the announcement that I have joined the Research team at GoldCore as it meant that I could finally start talking about it and was back in a role that lets me indulge in my passion by researching and geeking out on all things gold, silver and money.

...



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Biotech

Epizyme - A Waiting Game

Reminder: Pharmboy is available to chat with Members, comments are found below each post.

Epizyme was founded in 2007, and trying to create drugs to treat patient's cancer by focusing on genetically-linked differences between normal and cancer cells. Cancer areas of focus include leukemia, Non-Hodgkin's lymphoma and breast cancer.  One of the Epizme cofounders, H. Robert Horvitz, won the Nobel Prize in Medicine in 2002 for "discoveries concerning genetic regulation of organ development and programmed cell death."

Before discussing the drug targets of Epizyme, understanding epigenetics is crucial to comprehend the company's goals.  

Genetic components are the DNA sequences that are 'inherited.'  Some of these genes are stronger than others in their expression (e.g., eye color).  Yet, some genes turn on or off due to external factors (environmental), and it is und...



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All About Trends

Mid-Day Update

Reminder: Harlan is available to chat with Members, comments are found below each post.

Click here for the full report.




To learn more, sign up for David's free newsletter and receive the free report from All About Trends - "How To Outperform 90% Of Wall Street With Just $500 A Week." Tell David PSW sent you. - Ilene...

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Promotions

PSW is more than just stock talk!

 

We know you love coming here for our Stocks & Options education, strategy and trade ideas, and for Phil's daily commentary which you can't live without, but there's more!

PhilStockWorld.com features the most important and most interesting news items from around the web, all day, every day!

News: If you missed it, you can probably find it in our Market News section. We sift through piles of news so you don't have to.   

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About Phil:

Philip R. Davis is a founder Phil's Stock World, a stock and options trading site that teaches the art of options trading to newcomers and devises advanced strategies for expert traders...

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