Author Archive for Zero Hedge

Amid Russia Crisis, Trump Prepares “War Room”, “Big White House Changes”, Loss Of Twitter

Courtesy of ZeroHedge. View original post here.

In lieu of the Friday night “Trump bombshell” deliverable from the NYT-WaPo complex, today it was Reuters‘ and the Wall Street Journal‘s turn to lay out the suspenseful weekend reads, previewing major potential upcoming changes to the Trump administration.

First, according to Reuters, Trump’s top advisors are preparing to establish a “war room” to combat negative reports and mounting questions about communication between Russia.  Steve Bannon and Trump’s son-in-law Jared Kushner, both senior advisors to the president, will be involved in the new messaging effort, which also aims to push Trump’s policy agenda and schedule more rallies with supporters. This “most aggressive effort yet” to push back against allegations involving Russia and his presidential campaign, will launch once Trump returns from his overseas trip.

Upon Trump’s return, the administration will add experienced political professionals and possibly more lawyers to handle the Russia probe, which has gained new urgency since the Justice Department appointed a special counsel to head the investigation, the sources said.

On Thursday, NBC News reported that Kushner, who held several meetings with Russian officials following the election, is himself a focus of the probe, making him the first current White House official to be caught up in it, although Kushner, who is Trump’s son-in-law, has not been accused of any wrongdoing. On Friday afternoon, the AP quoted Kushner’s lawyer that if the FBI wants to talk to Jared Kushner about his Russian contacts, he stands ready to talk to federal investigators as well as Congress about his contacts and his role in Donald Trump’s 2016 campaign.

FBI probe aside, Kushner and Bannon will work to step up the White House’s strategic messaging. Trump’s former campaign manager, Corey Lewandowski – who has been seen in the White House recently – is also expected to be part of the messaging operation according to Reuters. Bannon and White House chief of staff Reince Priebus have been laying the groundwork for the messaging operation this week, sources told the news outlet.

“Since the firing of Comey, that really exposed the fact that the White House in its current structure … is not prepared for really a one-front war, let alone a two-front war,” a person who remains in regular communication


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The War On Workers, Phase II – Truth Has Become A Liability

Courtesy of ZeroHedge. View original post here.

Authored by MN Gordon via EconomicPrism.com,

It’s been a long row to hoe for most workers during the first 17 years of the new millennium.  The soil’s been hard and rocky.  The rewards for one’s toils have been bleak.

For many, laboriously dragging a push plow’s dull blade across the land has hardly scratched enough of a rut in the ground to plant a pitiful row of string beans.  What’s more, any bean sprouts that broke through the stony earth were quickly strangled out by seasonal weeds.  Those ‘green shoots’ that persisted bore pods that dried out on the vine before maturity.

This has been the common experience of the typical 21st century American worker, thus far. Countless, stories of labors with no fruits have been shared at bowling alleys across the Bible Belt.  There are also hard numbers that backup these woeful tales.

Just this week, for example, Sentier Research released a new report showing that after scratching and clawing the earth day after day, median household income has finally surpassed a level last seen in January 2000.  In other words, living standards for the typical family are now a smidge higher than they were at the turn of the century.  Rick Newman offers several details:

“Sentier calculates a monthly index representing median household income, based on Census Bureau data, starting at 100 in January of 2000.  Since it’s an index, it’s adjusted for inflation and represents the real earning power of a typical family.  The index drifted slightly above 100 a few times leading up to the 2008 financial meltdown, but mostly went sideways during the George W. Bush administration.  Then it plunged beginning in 2009, with a long recovery beginning in 2011.

“The latest reading in the Sentier index is 100.9, the first time it’s been above 100 since 2008. That number matches the previous high, from 2002, which means family income will hit a new high if it rises in May.”

Rip Van Winkle

Good grief.  What took so darn long?

A lot has changed while the typical worker was running in place for the last decade and a half.  In fact, Rip Van Winkle would hardly recognize the world that remains after these lost years.  Good manners, good ethics, and good


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Silicon Valley Billionaire Unveils “Air Yacht” To Deliver Food, Supplies To Desperate People In “Remote Locations”

Courtesy of ZeroHedge. View original post here.

In a development that’s emblematic of the massive wealth inequality in Silicon Valley, the Guardian on Friday revealed new details about the “secret” airship that Google co-founder Sergey Brin is building at an old Nasa airbase in Santa Clara County.

According to the report, which cited anonymous sources who couldn’t speak on the record because of non-disclosure agreements, Brin intends to use the airship to deliver food and supplies to desperate people in “remote locations”– a task that’s uniquely suited for an airship because airships don’t require airports – or any infrastructure, really – to travel from point A to point B.

Of course, when the luxurious “air yacht” isn’t being used for these humanitarian purpose, it will serve as a leisure vessel for Brin’s families and friends.

Here are a few more details about the airship reported by The Guardian:The airship’s 200-meter size would make it the largest airship in the modern age, though It would stil be smaller than the Hindenburg Zeppelins of the 1930s and the American navy airship USS Macon, which was once based in the very same hangars where Brin’s aircraft is now being built.

  • Brin’s airship will rely on a system of internal gas bladders to create the ballast necessary to keep the ship anchored to the ground while heavy loads are being offloaded.
  • In November 2014, a Google-controlled company called Planetary Ventures signed a 60-year lease for more than 1,000 acres of Moffett Field at Nasa’s Ames airbase, where construction on the airship could safely begin. The leased area, which is located near Google’s headquarters in Mountain View, Calif., includes the base’s three largest airship hangers.
  • Brin’s airship was originally intended to use hydrogen as a lifting gas instead of helium because hydrogen is much cheaper and provides 10% more lift. But the Federal Aviation Administration requires all airships to use non-flammable lifting gases, which rules out highly volatile hydrogen. The gas notoriously caused the 1937 crash of the Hindenburg over New Jersey, which killed 36.
  • In early 2015, Brin asked aerospace engineer Alan Weston to build a one-tenth scale model of a variable buoyancy airship to test its air worthiness. Those flight tests apparently went well.

Bloomberg reported back in April that construction on the airship had begun, again citing anonymous sources.





Global Pension Underfunding Will Grow To $400 Trillion Over Next 30 Years: World Economic Forum

Courtesy of ZeroHedge. View original post here.

Earlier this week we highlighted “Six Terrifying Graphs That Summarize America’s Public Pension Crisis” which ranked state, county and city-level public pensions in the United States by which are screwed the most.  To summarize, the study concluded that public pensions in the U.S. alone are currently underfunded by nearly $4 trillion and that taxpayers in Illinois, California and New Jersey should probably be looking to move before getting drowned in their state’s coming pension-induced tax hike tsunami.

Of course, as we’ve argued before, the current pension underfunding levels are sure to only get worse over the coming decades as the world will have to contend with a wave of retiring Baby Boomers and a period of lackluster, volatile returns.  So how bad could the global funding gap get?  Unfortunately, the World Economic Forum (WEF) recently set out to solve that impossible math equation and it turns out the answer is about $400 trillion…give or take a couple trillion.

Not surprisingly, the WEF attributed their terrifying conclusion to an ageing population, lack of savings, low expected growth rates and financially illiterate citizens.

Long-term, low-growth environment: Over the past 10 years, long-term investment returns have been significantly lower than historic averages. Equities have performed 3%-5% below historic averages and bond returns have typically been 1%-3% lower. Low rates have grown future liabilities, and at the same time investment returns have been lower than expected and unable to make up the growing pension shortfall.

Inadequate savings rates: To support a reasonable level of income in retirement, 10%-15% of an average annual salary needs to be saved. Today, individual savings rates in most countries are far lower. This is already presenting challenges where traditionally defined benefit structures would have provided a guaranteed pension benefit. Now, as workers look at their defined contribution retirement balances, with no guaranteed benefits, they are realizing that the retirement income their savings will provide will be much lower than expected.

Low levels of financial literacy:  Levels of financial literacy are very low worldwide. This represents a threat to pension systems which are more selfdirected and which rely more on private savings in addition to employer- or government-provided savings.

Of course, ignoring that minor ~20 year increase in life expectancy over the past 60 years


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Egyptian Warplanes Bomb Terrorist Camps In Libya After Attack On Coptic Christians

Courtesy of ZeroHedge. View original post here.

Hours after gunmen opened fire on a convoy of vehicles carrying Coptic Christian worshippers to a desert monastery in Egypt, killing 28, the Egyptian warplanes carried out six bombing strikes targeting camps near Derna in Libya where Cairo believes militants responsible for the deadly attack were trained, Egyptian military sources said quoted by Reuters.

Egyptian President Abdel Fattah al-Sisi said directed strikes against what he called terrorist camps, declaring in a televised address that states that sponsored terrorism would be punished. He also vowed to continue striking bases used to train militants and who carry out terrorist attacks in his country, whether those camps were inside or outside the country.

“The terrorist incident that took place today will not pass unnoticed,” Sisi said. “We are currently targeting the camps where the terrorists are trained.”

“Egypt will not hesitate in striking any camps that harbor or train terrorist elements whether inside Egypt or outside Egypt,” the al-Ahram news agency quoted Sisi as saying.

The strikes took place around sundown, hours after the deadly attack. Christians, who account for about 10% of Egypt’s population of 80 million, have become the victims of an intensifying campaign of bombings and shootings masterminded by ISIS, which is trying to expand its footprint in Egypt. In April, at least 37 people were killed and more than 100 injured in two separate bombings at Christian Coptic churches packed with worshippers in northern Egypt one week before Coptic Easter.

Following the Libyan incursion, Egyptian armed forces released a short video which was aired on state television following the president’s speech. The voiceover in the army video said its air force carried out strikes on targets in Libya “after confirming their involvement in planning and committing the terrorist attack in Minya governorate on Friday.” Egypt’s military said that the air strikes are ongoing, local media reports.

Egyptian security forces have destroyed some 300 vehicles over the past two months which attempted to cross the border from Libya in order to bring in “evil,” according to Sisi, who emphasized the huge efforts his country has undertaken to battle terrorism.

The Egyptian president also directly addressed Donald Trump to take the lead in fighting terrorism. “I direct my appeal to President Trump: I trust you, your word and


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Weekend Reading: Correction Over As “Trump Hope” Remains

Courtesy of ZeroHedge. View original post here.

Authored by Lance Roberts via RealInvestmentAdvice.com,

Over the last couple of months, I have repeatedly discussed what has been possibly the most “boring” market ever. That was until the previous Wednesday when the market deciding to take a quick “road trip” to the 50-dma. 

It didn’t last long.

The market promptly went back to sleep in a light volume flotation (note decline in volume during advance) back to old highs. Yesterday, after multiple attempts, the market was finally able to muster a breakout above 2400 as “hopes and dreams” of “Trump tax cuts” once again took the lead over worries of “impeachment.” 

While on a short-term basis, the bullish bias continues, which keeps portfolios invested, for now, the intermediate-term (weekly) trends also remain within the confines of the bullish trend from the lows of 2016. However, the “alert” signal still remains from a very high level as markets push back into extreme overbought terrain. This suggests that upside is somewhat limited as there has not been enough of a correction to alleviate more extreme conditions.

Importantly, as noted on Tuesday, bonds aren’t buying the breakout:

“Lastly, despite stocks pushing near all-time highs, the bond market continues to flirt with levels close to 2%. The continued move to “risk off” holdings, despite a rising stock market, suggests that ultimately either stocks OR bonds will be wrong. Historically, bonds have tended to be right more often than not.”

Economic data is not buying it either, as data continues to come in softer than expected from new and existing home sales, to autos, to inventories.

Either the stock market is right and everything is going to play “catch up,” or it’s not.

While we remain long-biased in equities currently, we continue to remain wary of the underlying deterioration in both market and economic data.

Yes, anything is certainly possible. It just usually isn’t. 

In the meantime, here is what I am reading this weekend.


Politics/Fed/Economy


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Trump Defies G7, Refuses To Back Climate Deal After “Controversial” Debate

Courtesy of ZeroHedge. View original post here.

The Group of Seven world leaders, or rather Six excluding Trump, tried to tame the US president… and failed. Which means on Saturday the group will sign off on a significantly “pared-down” statement at the close of their meeting in Sicily – an indication of deep divisions on climate change, trade and various other issues between Trump and the rest of the developed world. Pushing hard to persuade Trump to back the landmark Paris climate accord deal, after hours of talks that were described by Angela Merkel as controversialthe G-7 leaders failed to get Trump’s endorsement.

The leaders did, however, issue a joint statement on fighting terrorism, admonishing internet service providers and social media companies to “substantially increase” their efforts to rein in extremist content. According to Italy’s Prime Minister and host, Paolo Gentiloni, the group was also inching closer to finding common language on trade, a controversial for Trump who has repeatedly pushed for an “America first” agenda.

But on the issue of climate, there was no breakthrough.

“There is one open question, which is the U.S. position on the Paris climate accords,” Gentiloni told reporters according to Reuters, referring to a 2015 deal on reducing greenhouse gas emissions.

“All others have confirmed their total agreement on the accord.” U.S. officials had signaled beforehand that Trump, who dismissed climate change as a “hoax” during his campaign, would not take a decision on the climate deal in Taormina, the cliff-top town overlooking the Mediterranean where G7 leaders met.

Other leaders, including German Chancellor Angela Merkel and new French President Emmanuel Macron, had hoped to sway the president at his first major international summit. 

They failed, despite what Merkel described as a “controversial” climate debate and added that there was a “very intensive” exchange of views. One can only imagine.

Speaking separately, Trump’s economic adviser Gary Cohn said Trump’s views on climate were “evolving” and that he would ultimately do what was best for the United States.

* * *

The tense summit, held at a luxury hotel that was once a Dominican monastery and base for the Nazi air force during World War Two, took place one day after Trump blasted NATO allies for spending too little


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Stocks Surge For 7th Straight Day As US Macro Data Hits 15-Month Lows

Courtesy of ZeroHedge. View original post here.

“Smells Like Victory” – Happy Memorial Weekend…

Let’s start with this…

S&P at record highs as US macro data topples to 15-month lows…

Nasdaq hit record highs as Earnings Expectations slump to 2017 lows…

Small Caps remain underwater post-Trump-Dump… Nasdaq is now up 7 days in a row – longest streak since early Feb

NOTE – today was different – no big spike in stocks

Today saw S&P and Dow glued to the flatline…with a very chaotic end

Volume continues to collapse in this levitation off the Trump Dump…

As the cap-weighted S&P continues to dramatically outperform the equal-weighted S&P (i.e. the big tech names are driving)

S&P Equal weight remains below the March highs…Simply put, without FANG stocks, th emarket has gone nowhere in almost 3 months…

As Citi notes, a close today above 2,405 on the S&P 500 suggests we can rally towards 2,500+ in the coming weeks:

  • Even within trends, markets do not move in straight lines. Rather, market rallies are interspersed between sideways moving markets. In some cases, the majority of a rally is spent in consolidation with the big moves in the trend happening quickly. Such a dynamic is currently at play in the S&P 500.
  • Since the bullish break seen in July 2016, the S&P 500 rallied 14% over 46 weeks through today (this came after over a year of the S&P 500 consistently failing around the 2,100 area). However, most of that time has been spent with the equity market in consolidation/ranges. The actual gains have taken place over just 14 of those 46 weeks in the shape of quick market rallies.
  • We may now be on the verge of another such move. In the prior three rallies since July, a weekly close through the top of the prior range has signaled the start of a multi-week rally. Another break like this would be confirmed with a close today above 2,405.
  • If this is a bullish break, how high can we go? The average rally after the prior three breaks (from the break level) has been 4.2% and a similar move this time would suggest a move to 2,506 in the coming weeks.
  • Beyond that, we continue to view the overall global economic and market backdrop to be positive for


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US Plans First Ever ICBM Intercept Next Tuesday

Courtesy of ZeroHedge. View original post here.

Less than a month after the US Air Force successfully test fired two Minuteman ICBM missiles from California’s Vanderberg Air Force base, which hit a target approximately 4,200 miles away at Kwajalein Atoll in the Pacific Ocean, today Pentagon officials said that the US will try to shoot down an intercontinental-range missile for the first time in a test next week, in “preparation for North Korea’s growing threat.” According to AP, the stated goal is “to more closely simulate a North Korean ICBM aimed at the U.S. homeland.”

The Pentagon’s Missile Defense Agency on Tuesday will shoot an interceptor from the Ground-based Midcourse Defense system, a network meant to protect the country against a limited nuclear attack, at a custom-made missile meant to simulate an ICBM. 

As ABC adds, an interceptor is to be launched from an underground silo at Vandenberg Air Force Base in California and soar toward the target, which will be fired from a test range on Kwajalein Atoll in the Pacific. If all goes as planned, the “kill vehicle” will slam into the ICBM-like target’s mock warhead high over the Pacific Ocean. The target will be a custom-made missile meant to simulate an ICBM, meaning it will fly faster than missiles used in previous intercept tests, according to Christopher Johnson, spokesman for the Missile Defense Agency. The target is not a mock-up of an actual North Korean ICBM, Johnson added.

The basic defensive idea is to fire a rocket into space upon warning of a hostile missile launch. The rocket releases a 5-foot-long device called a “kill vehicle” that uses internal guidance systems to steer into the path of the oncoming missile’s warhead, destroying it by force of impact. Officially known as the Ground-based Midcourse Defense system, the Pentagon likens it to hitting a bullet with a bullet.

The Pentagon’s Missile Defense Agency, which is responsible for developing and testing the system, has scheduled the intercept test for Tuesday.

“We conduct increasingly complex test scenarios as the program matures and advances,” Johnson told AP on Friday. “Testing against an ICBM-type threat is the next step in that process.”

While the Pentagon has a variety of missile defense systems, the one designed with a potential North Korean ICBM in


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And The Best Performing Stock Market In The World Is…

Courtesy of ZeroHedge. View original post here.

Authored by Simon Black via SovereignMan.com,

Pop quiz: What country has the world’s best performing stock market?

It’s not the United States. Or Canada. Or China.

The answer is Venezuela, whose primary stock market index over the last year is up nearly SEVEN FOLD, from 11,700 last summer to a record 72,700 today.

It’s amazing that a country where people are literally starving because there’s very little food available is seeing record stock market performance.

At face value it would seem that anyone who had invested in Venezuela stocks is an absolute genius and swimming in money right now.

But remember that Venezuelan stocks are denominated in local currency.

Officially the Bolivar’s exchange rate with the US dollar is around 10:1. But due to the country’s hyperinflation, the black market rate is closer to 6,000:1.

And that black market rate is also up nearly 7-fold over the last year.

So anyone who had purchased Venezuelan stocks last summer might be up hundreds of percent if you measure performance in bolivares.

But in US dollars you’d actually be down a bit.

This is one of the hallmarks of inflation; it’s not just retail prices that increase. Asset prices rise as well.

But it’s not real wealth.

Think about it– if the value of your home increases by 2% per year, and inflation is also 2% per year, you have zero gain in prosperity.

Or another example: if stock prices increase by 10%, you then have to pay state and federal tax on your capital gains.

Maybe you have 7% left over. Then take out 2% (or more) for inflation. You’ve lost half of your gain.

Ok, still, maybe not a bad sum. But compare that return against the risk that you’re taking: is 5% worth the risk?

This is one of the most insidious effects of inflation: we put up with rising prices because we think that we are becoming more prosperous over time, even though the opposite is usually true.

Inflation is like a cancer that slowly eats away at everything– the purchasing power of your savings, your income, and even your investment performance.

And the people who engineer it have been extremely clever.

Have you ever noticed that official inflation statistics are typically reported on a MONTHLY basis?

The most recent headline from the


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Zero Hedge

Medal Of Honor Recipient Warns: "It's Going To Come Here... Trump Must Release The Gates Of Hell" On Islamic State

Courtesy of ZeroHedge. View original post here.

Authored by Mac Slavo via SHTFplan.com,

With British Prime Minister Theresa May warning that another attack may be imminent, Medal of Honor Recipient Dakota Meyer says that it’s time to strike Islamic State strongholds with...



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Phil's Favorites

Ben Carlson on Market Breadth

 

Ben Carlson on Market Breadth (Video)

Courtesy of Joshua Brown, The Reformed Broker

Ben had a hit on Bloomberg TV last night talking about his recent piece on market breadth and why it’s perfectly normal to see the market being led higher by some very big winning stocks. His research shows that this is always the case during bull markets and that broader measures of the internals are healthy, not sick.

Check this out:

…and you can read his expanded thoughts on ...



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ValueWalk

Neil Howe Of The Fourth Turning - We Are In The 1930s; "Winter is coming"

By Mauldin Economics. Originally published at ValueWalk.

By Mauldin Economics From the Balkans to the US, walls are going up, not down, according to demographer and The Fourth Turning author Neil Howe.

Speaking to a packed crowd at Mauldin Economics’ Strategic Investment Conference in Orlando, Howe said we are reliving many of the same trends and changes of the 1930s.

Faith in Democracy Is Fading

“Worldwide, people are losing trust in institutions,” he said. “Trust in the military, small business, and police is still there. But trust in democracies, media, and politicians is dropping.”

“When was the last time we saw these changes and the rise of right-wing populism?” he asked....



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Digital Currencies

Bitcoin Is Crashing (Again)

Courtesy of Zero Hedge

While Bitcoin is still up 13% on the week (its 8th weekly ruse of the last 9), the dollar price of the virtual currency is collapsing again in US trading (after a big rebound during the Asian session)...

Just as with yesterday, there is no immediate news catalyst for the flush.

Meanwhile, the huge arb with South Korea bitcoin pricing remains, and as of this moment is still nearly $1000.

Today's drop ...



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Market News

News You Can Use From Phil's Stock World

 

Financial Markets and Economy

U.S. stocks scale new peaks on retailer results; oil falls (Reuters)

Two top U.S. equity indexes scaled record peaks on Thursday after strong earnings reports from retailers, outpacing European shares which were little changed, while oil prices plunged after top crude producers extended output cuts for a shorter period than expected.

Hedge Funds Squeezed by World's Highest Rents Are Moving Out (Bloomberg)

Benjamin Fuchs raised eyebrows five years ago when he opened his hedge fund next to a place selling live chickens in Hong Kong’s hustling, bustl...



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Chart School

S&P Breakout on Higher Volume Accumulation

Courtesy of Declan.

While I expected the Dow Jones to be the breakout flyer, instead it was the S&P which led the charge on higher volume accumulation.  Technicals are all in the green with a return of the MACD trigger 'buy'.



The Dow did manage to break past 21,000 with a MACD trigger 'buy' but it's still contained by all-time high resistance at 21,200. The index is still well positioned for a larger breakout, but this is the sixth day of consecutive gains for the index so some pullback can be expe...

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Members' Corner

Robert Sapolsky: The biology of our best and worst selves

Interesting discussion of what affects our behavior. 

Description: "How can humans be so compassionate and altruistic — and also so brutal and violent? To understand why we do what we do, neuroscientist Robert Sapolsky looks at extreme context, examining actions on timescales from seconds to millions of years before they occurred. In this fascinating talk, he shares his cutting edge research into the biology that drives our worst and best behaviors."

Robert Sapolsky: The biology of our best and worst selves

Filmed April 2017 at TED 2017

 

p.s. Roger (on Facebook) saw this talk and recommends the book ...



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OpTrader

Swing trading portfolio - week of May 22nd, 2017

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 ...



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Biotech

Beyond just promise, CRISPR is delivering in the lab today

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

Beyond just promise, CRISPR is delivering in the lab today

Courtesy of Ian HaydonUniversity of Washington

Precision editing DNA allows for some amazing applications. Ian Haydon, CC BY-ND

There’s a revolution happening in biology, and its name is CRISPR.

CRISPR (pronounced “crisper”) is a powerful technique for editing DNA. It has received an enormous amount of attention in the scientific and popular press, largely based on the promise of what this powerful gene e...



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Kimble Charting Solutions

Brazil; Waterfall in prices starting? Impact U.S.?

Courtesy of Chris Kimble.

Below looks at the Brazil ETF (EWZ) over the last decade. The rally over the past year has it facing a critical level, from a Power of the Pattern perspective.

CLICK ON CHART TO ENLARGE

EWZ is facing dual resistance at (1), while in a 9-year down trend of lower highs and lower lows. The counter trend rally over the past 17-months has it testing key falling resistance. Did the counter trend reflation rally just end at dual resistance???

If EWZ b...



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Mapping The Market

Bombing - Right or Wrong?

Courtesy of Jean-Luc

I am telling you Angel – makes no sense… BTW:

Republicans Love Bombing, But Only When a Republican Does It

By Kevin Drum, Mother Jones

A few days ago I noted that Republican views of the economy changed dramatically when Donald Trump was elected, but Democratic views stayed pretty stable. Apparently Republicans view the economy through a partisan lens but Democrats don't.

Are there other examples of this? Yes indeed. Jeff Stein points to polling data about air strikes against Syria:

Democr...



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Promotions

Free eBook - "My Top Strategies for 2017"

 

 

Here's a free ebook for you to check out! 

Phil has a chapter in a newly-released eBook that we think you’ll enjoy.

In My Top Strategies for 2017, Phil's chapter is Secret Santa’s Inflation Hedges for 2017.

This chapter isn’t about risk or leverage. Phil present a few smart, practical ideas you can use as a hedge against inflation as well as hedging strategies designed to assist you in staying ahead of the markets.

Some other great content in this free eBook includes:

 

·       How 2017 Will Affect Oil, the US Dollar and the European Union

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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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FeedTheBull - Top Stock market and Finance Sites



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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About Ilene:

Ilene is editor and affiliate program coordinator for PSW. She manages the site market shadows, archives, more. Contact Ilene to learn about our affiliate and content sharing programs.

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