Posts Tagged ‘Bullshit Bingo’

How to Stay Awake During Obama Speeches: Play Bullshit Bingo

How to Stay Awake During Obama Speeches: Play Bullshit Bingo

Manual bingo machine, low angle view

Via e-mail to Yves Smith, posted at Naked Capitalism:

1. Before Barrack Obama’s next televised speech, prepare your “Bullshit Bingo” card by drawing a square.  I find that 5″ x 5″ is a good size — and dividing it into columns –five across and five down. That will give you 25 1-inch blocks.  

2. Write one of the following words/phrases in each block: 

Restored our reputation 
Strategic fit
Let me be clear 
Make no mistake
Back from the brink
Signs of recovery 
Out of the loop
Benchmark
Job creation

People playing bingo

Fiscal restraint
Win-win
Affordable health care 
Previous Administration
At the end of the day
Empower (or empowerment) 
Touch base 
Mindset 
Bipartisan
Trust
Inherited as in “I inherited this mess”
Relief for working families
Unprecedented
Accountable (or held to account)
Free market
Reform

 

Players can make substitutions to this list, but only one phrase can be used in any one block. Alternatives include:

Change (as in “change you can believe in)
Universal health care
Brought the economy back from the brink

3. Check off the appropriate block when you hear one of those words/phrases. 

4. When you get five blocks horizontally, vertically, or diagonally, stand up and shout  ”BULLSHIT!”

Testimonials from past satisfied “Bullshit Bingo” players: 

Three young women raising their hands on a winners podium

 ”I had been listening to the speech for only five minutes when I won.” - Jack W., Boston 

 ”My attention span during speeches has improved dramatically.” – David D., Florida 

 ”What a gas! Speeches will never be the same for me after my first win.” - Bill R., New York City  

“The atmosphere was tense in the last speech as 14 of us waited for the fifth box.” – Ben G., Denver  

“The speaker was stunned as eight of us screamed “BULLSHIT!” for the third time in two hours.” – Harry A. Chantilly


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Market News

News You Can Use From Phil's Stock World

 

Financial Markets and Economy

Japan Pension Giant’s Losses Imply a $53 Billion Stock Splurge (Bloomberg)

The world’s biggest pension fund has room for a Japan stock shopping spree after the value of its investments tumbled last quarter.

U.K.’s May Orders Brexit Plans Ahead of G-20, Newspapers Report (Bloomberg)

U.K. Prime Minister Theresa May asked her cabinet ministers to come up with a blueprint for how their departments may be able to benefit from Britain’s exit from the European Union ahead of the Group of...



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Zero Hedge

Dear Janet... A Memo From Millennials To The Fed

Courtesy of ZeroHedge. View original post here.

Via ConvergEx's Nick Colas,

The Federal Reserve’s long-term influence hinges in part on its ability to convince millennials that its current policies can help push inflation closer to the central bank’s 2% goal. That’s not as easy as it sounds, because this cohort has both a different history and current relationship with this economic variable.

Why?

#1 – Understand the millennial experience. Since 2000 – when the youngest millennials started ...



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ValueWalk

Meb Faber: The Trinity Portfolio

By Guest Post. Originally published at ValueWalk.

The Trinity Portfolio by Meb Faber

Guest: Episode 15 is just Meb.

Date: 8/10/16

Run-Time: 42:53

Topics: Meb tries something new in Episode 15. In “audio book” style, he walks listeners through his latest research piece: The Trinity Portfolio. “Trinity” reflects the three pillars of this investing approach: globally-diversified assets, weightings toward value and momentum investments, and active trend-following. On one hand, Trinity is broad and sturdy, rooted in respected, wealth-building investment principles. On the other hand, it’s strategic and int...



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Phil's Favorites

Here's Why B of A's Chart of Fast Growing Low Wages Is BS

Courtesy of Lee Adler of the Wall Street Examiner

Good guy Sam Ro, now at Yahoo, tweeted out a chart by Bank of America Merrill Lynch (BAML) this morning showing that low wage job gains have outpaced gains in high wage jobs.I happen to keep charts on wage growth by industry, so I know a little about the subject. I had my usual calm and measured response.

@bySamRo Hell NO, Sam Ro! It’s all relative, isn’t it? Tell BAML they’re full of shit. pic.twitter.com/WFtsM3Siur

— Wall Street Examiner (@Lee_Adler) August 26, 2016

...



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Chart School

World Markets Weekend Update: Six of the Eight Post Losses ... Again

Courtesy of Doug Short's Advisor Perspectives.

Only two of the eight equity indexes on our global watch list posted week-over-week gains in our latest update, same as last week. The two Eurozone indexes, France's CAC and Germany's DAXK, were the two who finished in the green, a shift from the Asian advance the previous week, when the Shanghai and Hang Seng were the sole gainers. In fact, the Shanghai Composite did a complete flip from its 1.88% gain the previous week to its -1.22% finish on Friday. The average of the eight improved fractionally from -0.56% the previous week to -0.39% for the latest.

A Closer Look at the Last Four Weeks

The tables below provide a concise overview of performance comparisons over the past four weeks for these eight major indexes. We'...



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Kimble Charting Solutions

Basic Materials attempting breakout says Joe Friday

Courtesy of Chris Kimble.

Basic Materials stocks can often times give a decent snap shot of how an economy is doing from a growth or lack of perspective. Below looks at Basic Materials ETF (IYM) over the past decade.

CLICK ON CHART TO ENLARGE

IYM remains inside of an upward sloping mult-year rising channel (1), since 2009. It hit the bottom of this channel earlier this year and has bounce off support. Currently IYM is testing f...



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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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OpTrader

Swing trading portfolio - week of August 22nd, 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 ...



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Digital Currencies

Man Who Introduced Millions to Bitcoin Says Blockchain Is a Bust

 

Man Who Introduced Millions to Bitcoin Says Blockchain Is a Bust 

By  at Bloomberg

Excerpt:

Stefan Thomas, who introduced millions of people to bitcoin, has had a change of heart.

Blockchain, the ledger software that makes the digital currency possible...



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Mapping The Market

Illusion of Choice

From Jean-Luc:

Looks like we are down to about 10 companies for our consumer goods:

http://www.visualcapitalist.com/illusion-of-choice-consumer-brands/

Just like banks, airlines and cable companies! 

The Illusion of Choice in Consumer Brands

Explore the full-size version of the above graphic in all its glory.

If today’s infographic looks familiar, that’s because it originates from a well-circulated report that Oxfam International puts together to show consolidation i...



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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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Help One Of Our Own PSW Members

"Hello PSW Members –

This is a non-trading topic, but I wanted to post it during trading hours so as many eyes can see it as possible.  Feel free to contact me directly at jennifersurovy@yahoo.com with any questions.

Last fall there was some discussion on the PSW board regarding setting up a YouCaring donation page for a PSW member, Shadowfax. Since then, we have been looking into ways to help get him additional medical services and to pay down his medical debts.  After following those leads, we are ready to move ahead with the YouCaring site. (Link is posted below.)  Any help you can give will be greatly appreciated; not only to help aid in his medical bill debt, but to also show what a great community this group is.

http://www.youcaring.com/medical-fundraiser/help-get-shadowfax-out-from-the-darkness-of-medical-bills-/126743

Thank you for you time!




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