Posts Tagged ‘International’

The 15 Must-See Charts That Explain The Global Economy

Morgan Stanley: The 15 Must-See Charts That Explain The Global Economy

Courtesy of Vince Veneziani at Clusterstock/Business Insider 

Google Earth moneybag

Morgan Stanley just released a research report that painstakingly details the current state of our global economy.

Inside the 88-page report is a section called "Charts You Can’t Miss." It’s broken down in the following order of countries: Global economy, Europe, Asia (excluding Japan), and Japan. These charts focus on the underlying issues that truly affect our economy.

Credit spreads are at their highest levels ever post-Lehman and Germany’s industrial production is falling. Clearly there’s cause for concern.

If you’ve ever wanted a quick, comprehensive breakdown of the global marketplace, here’s your chance.

Check out these can’t miss charts >


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Tsunami Fears In Hawaii Following Massive Earthquake In Chile

Tsunami Fears In Hawaii Following Massive Earthquake In Chile

Courtesy of Business Insider 

ocean waves tbi

(AP) A tsunami warning was in effect for Hawaii Saturday following a massive earthquake that struck central Chile.

The Pacific Tsunami Warning Center also issued a tsunami advisory for the coast of California and an Alaskan coastal area from Kodiak to Attu islands.

The first waves were expected to arrive in Hawaii at 11:19 a.m. Saturday (4:19 p.m. EST).

The center said a tsunami has been generated that could cause damage along coastlines of all islands in the Hawaii. It said a tsunami in California and Alaska was possible.

The Ewa Beach, Hawaii-based center called for "urgent action to protect lives and property" in Hawaii, which is among 53 nations and territories subject to tsunami warnings.

"The main thing is we want everyone to take this event seriously," said Charles McCreery, director of the center. 

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Chile Struck By Massive 8.8 Magnitude Quake

Courtesy of Vincent Fernando at Clusterstock/Business Insider

Chart

Chile was struck by an enormous 8.8 magnitude quake Saturday, which was luckily 200 miles from Santiago.

Still, tsunami warnings have been issued on the coast:

Reuters:

A tsunami warning was issued for Chile and Peru by the Pacific Tsunami Warning Center, and a tsunami watch was issued for Ecuador, Colombia, Panama, Costa Rica and Antarctica.

Soon after, the U.S. Geological Survey said the quake had generated a tsunami that may have been destructive along the Chilean coast near the epicenter. The USGS said the earthquake struck 56 miles northeast of the city of Concepcion at a depth of 34 miles at 3:34 a.m./1:34 EST.

Its magnitude was initially reported at 8.3 then 8.5. An earthquake of magnitude 8 or over is classified as a "great" earthquake that can cause "tremendous damage," according to the USGS website.

The earthquake that devastated Haiti’s capital Port-au-Prince on January 12 was rated at magnitude 7.0.

Read more here > 


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Scott Brown Is The Reason We’re On An Export Collision Course With China

Scott Brown Is The Reason We’re On An Export Collision Course With China

scott brown, tbiBy Andy Xie, courtesy of Clusterstock

From Caing

U.S. President Barack Obama dramatically altered policy direction during his first State of the Union address by announcing plans to focus fully on creating jobs while doubling exports in five years. This could put the United States on a collision course with China’s export strategy. And a head-on crash, possibly centered on China’s foreign exchange rate policy, might occur before America’s mid-term elections in November.

No one wants confrontation, especially at such a critical time for global trade, the world’s recovering economy and China’s property market. But a changing political mood is steering Washington into Beijing’s lane. China can respond by turning the wheel before it’s too late.

The trigger for Obama’s policy turnaround was the defeat of the Democratic Party in the Massachusetts election for a U.S. Senate seat left vacant when Ted Kennedy died.

Read the full article at Caing --> 

See Also:

The US Fiscal Problem Is A Ticking Timebomb, And Obama Lacks The Political Capital To Deal With It

The Entire World Is Screwed Without A US Recovery

China’s Mercantilist Policies Are Screwing Us Out Of 1.4 Million U.S. Jobs 


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Confirmed: US Officials Say Terrorists Who May Have US Passports Are Plotting Another Attack Against US

Confirmed: US Officials Say Terrorists Who May Have US Passports Are Plotting Another Attack Against US

Courtesy of John Carney at Clusterstock/The Business Insider

gulf aden yemen middleeast saudiCredible intelligence has emerged that the branch of Al Qaeda Yemen is plotting another attack against the United States and U.S. interests abroad.

A senior U.S. counterterrorism official confirmed the terror plot to a number of news outlets, including the Daily News and Fox News.

The intelligence doesn’t provides specifics about time, place or method of attack. But officials are taking the threat seriously. The Yemeni group is said to have been emboldened by the Christmas Day attack.

"Our concerns have intensified," the official told The News.

Frighteningly, Fox reports that some of the suspected terrorists may have US passports.

From Fox:

Al Qaeda in Yemen and the Al Qaeda affiliate in Somalia, known as Al Shabaab — translated as Mujahadeen Youth — are described as having "shared interests and shared goals."

U.S. counterterrorism officials say clear connections now can be traced between the two terrorist groups and they are not ruling out the possibility that they are working together to attack U.S. interests.

U.S. officials also remain concerned about two dozen Somali Americans who disappeared into the Al Shabaab training camps in Somalia in the last 18 months. Their American passports would allow them to reenter the United States.

 


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OPEC Has Way Too Much Oil For 2010

OPEC Has Way Too Much Oil For 2010

Courtesy of Vincent Fernando at Clusterstock/The Business Insider

According the Energy Information Administration’s (EIA) latest energy outlook, while world energy consumption is expected to grow in 2010, it will only be adding 1.1 million barrels of consumption and will remain below its past peak consumption.

eia

This tepid demand growth will butt against production increases for many non-OPEC oil producers, which means that OPEC will be under substantial pressure to limit its output, and obviously will.

Yet this will require massive discipline for the member nations given that OPEC’s surplus crude oil production capacity will actually rise in 2010, after a huge increase in surplus capacity during 2009. 2010 will see the worst OPEC overcapacity situation since 2002, as shown below.

EIA: Through the forecast period, OPEC surplus crude oil production capacity should remain in excess of 4 million bbl/d, versus an average of 2.8 million bbl/d seen over the 1998-2008 period.

eia

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Iran Says It’s Ditching The Dollar Completely

But not to worry, it will hardly be noticed. – Ilene

Iran Says It’s Ditching The Dollar Completely

Courtesy of Joe Weisenthal at Clusterstock’s Green Sheet

Second-rate petrol state and paper tiger Iran is ditching the dollar.

According to the Tehran Times, the country announced that it plans to hold no dollars as part of its forex reserves, and that all of its oil transactions shall take place in other currencies.

Should you be trembling? No.

The TPOI (Trade Promotion Organization Of Iran) has also announced that since October 2007 Iran has sold 85 percent of its oil exports in currencies other than the U.S. dollar and is determined to sell the remaining 15 percent in other currencies such as the UAE dirham.

Ok, so this was mainly the case already, and now they’ll do marginally less business in dollars.

tehrantimes.png

 

See Also:

Is Obama’s Iran Policy Just Bush 2.0?

Iran Test-Fires Two Missiles

Raw Footage Of Iran’s Riots (NSFW)

 


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Sorry, There’s No Way Oil Runs Back To $150

Sorry, There’s No Way Oil Runs Back To $150

oil burning tbiCourtesy of Lawrence Delevingne at Clusterstock

We found another oil bear, but this one’s not quite as extreme as Robert Prechter (who thinks oil will crash to $10).

Edward Morseis, Managing Director of Louis Capital Markets and an ex-State Department energy official, argues in the upcoming issue of Foreign Affairs that oil prices won’t shoot back to the moon, as key producers boost production and capacity:

 …Last year’s high prices and the recession have severely damped demand, and the growth of new production capacity, especially in Saudi Arabia, is buoying supplies.

The rapid fall and then rebound in oil prices over the past year surprised many people. But it was not unusual: commodities markets are cyclical by nature and have a history punctuated by sudden turning points. Although this generally makes it difficult to forecast prices, it is safe to say that commodities markets will remain lower over the next few years than they have been over the past five. In the oil industry, the most important new factor that accounts for low prices is the return of surplus production capacity among the members of the Organization of the Petroleum Exporting Countries for the first time since 2002–3.

oil

Later on, Moresis astutely points out it’s not in OPEC’s interest to spike oil. "[Saudi Arabia] will likely use its surplus capacity to keep prices moderate in order to spur global economic growth, maintain long-term demand for oil, and deter investments in alternative sources of energy."

Low oil prices is great news, so long as the administration remains focused on its alternative energy plans. Foreign Affairs suggests cheap oil presents an opportunity "to make energy markets less volatile and strike arrangements with producing countries that will better serve the United States’ long-term interests."

If we pull a redux of the 80′s though, and forget about the energy problem, lower oil prices could actually be our enemy.

Robert PrechterSee Also:

Prechter: Oil Will Crash To $10 A Barrel

 

 

 


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Zero Hedge

In Risky Move, Riksbank Holds Rates But Warns Will Cut If ECB Boosts QE

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

In July, Sweden’s Riksbank did a funny thing - they doubled down on QE even after it became clear that QE had failed. And we don’t just mean "failed" in the somewhat abstract sense that all global QE has failed when it comes to bringing about a robust recovery and shaking the global economy out of the demand doldrums. We mean it actually failed. As in, the Riksbank sucked up so much of the available high quality collateral that 10Y yields and the krona ...



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Market News

News You Can Use From Phil's Stock World

 

Financial Markets and Economy

In Parched California, a Farmers Market Is Emerging for Power (Bloomberg)

Californias record drought may be a boon to power companies.

Millennial investors are buying in volatile market (CNN)

The wild stock market gyrations may have scared many investors. But not the twenty-something newbies.

If anything, the young investors are doubling down, opening new accounts and buying stocks.

...

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Phil's Favorites

Interest Rates and Bond Yields: Where are They Headed? September Hike Ideal? Is the Bond Bull Market Over?

Courtesy of Mish.

With all the chatter about whether the Fed will hike on September 17 or not, let's do an interest rate and bond yield recap of where various rates are, where they have been, and where they are likely headed.

Effective Federal Funds Rate



As of yesterday, the effective federal funds rate was a mere 8 basis points. Since April, it has been swinging from a low of 6-8 basis points to a high of 14-15 basis points.

I suspect the odds of a hike are close to 50-50.

The CME Fed Watch has the hike odds at 27% as of September 2. However, the CME does not consider a move to 0.25% a hike....



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Chart School

Gann Angle Apple Inc Review

Courtesy of Read the Ticker.

Time to review Apple Inc with the Gann Angle.

Gann Angles may work best on either daily trading days, daily calendar days, or weekly. All should be considered.

In the chart below Apple Inc works very well. Gann Angles with Fibonacci arc forecasts do work well together.

Any bounce of Apple Inc into previous resistance should be considered as a possible short. Watching and waiting.



Click for popup. Clear your browser cache if image is not showing.



NOTE: readtheticker.com does allow users to load objects and text on charts, however some annotations are by a free third party image tool named Paint.net

Investing Quote...

.."Tape reading was an...



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All About Trends

Mid-Day Update

Reminder: David 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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Kimble Charting Solutions

Long-Term bull market still alive, trend support is where?

Courtesy of Chris Kimble.

The S&P 500 is now down around 7% on the year. Is the very long-term bull market still in play? Yes it is!!!

The chart below looks at the NYSE Composite on a monthly basis, dating back to 1965.

CLICK ON CHART TO ENLARGE

As you can see, since the mid 60’s, the NYSE composite has remained inside of rising channel (A). The last time the top of the channel was touched was in the late 1990’s and the last time the bottom of the channel was touched took place back in 2009.

Despite the quick down turn of late, this long-term rising channel remains in ta...



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Insider Scoop

Look Beyond Q3 For This Digital Marketing Leader

Courtesy of Benzinga.

Related ADBE Benzinga's Top Upgrades Baird: Now's The Time To Buy Adobe The Vetr community has upgraded $ADBE to 4.5-Stars. (Vetr)
  • Shares of Adobe Systems Incorporated (NASDAQ: ADBE) have risen over 5 percent year-to-date.
  • Oppenheimer’s Brian Schwartz has initiated coverage of Adobe Systems with a Perform rating.
  • While expr...


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OpTrader

Swing trading portfolio - week of August 31st, 2015

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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Sabrient

Sector Detector: Finally, market capitulation gives bulls a real test of conviction, plus perhaps a buying opportunity

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

Courtesy of Sabrient Systems and Gradient Analytics

The dark veil around China is creating a little too much uncertainty for investors, with the usual fear mongers piling on and sending the vast buy-the-dip crowd running for the sidelines until the smoke clears. Furthermore, Sabrient’s fundamentals-based SectorCast rankings have been flashing near-term defensive signals. The end result is a long overdue capitulation event that has left no market segment unscathed in its mass carnage. The historically long technical consolidation finally came to the point of having to break one way or the other, and it decided to break hard to the downside, actually testing the lows from last ...



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ValueWalk

Some Hedge Funds "Hedged" During Stock Market Sell Off, Others Not As Risk Focused

By Mark Melin. Originally published at ValueWalk.

With the VIX index jumping 120 percent on a weekly basis, the most in its history, and with the index measuring volatility or "fear" up near 47 percent on the day, one might think professional investors might be concerned. While the sell off did surprise some, certain hedge fund managers have started to dip their toes in the water to buy stocks they have on their accumulation list, while other algorithmic strategies are actually prospering in this volatile but generally consistently trending market.

Stock market sell off surprises some while others were prepared and are hedged prospering

While so...



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Digital Currencies

Bitcoin Battered After "Governance Coup"

Courtesy of ZeroHedge. View original post here.

Naysyers are warning that the recent plunge in Bitcoin prices - from almost $318 at its peak during the Greek crisis, to $221 yesterday - is due to growing power struggle over the future of the cryptocurrency that is dividing its lead developers. On Saturday, a rival version of the current software was released by two bitcoin big guns. As Reuters reports, Bitcoin XT would increase the block size to 8 megabytes enabling more transactions to be processed every second. Those who oppose Bitcoin XT say the bigger block size jeopardizes the vision of a decentralized payments system that bitcoin is built on with some believing ...



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Pharmboy

Baxter's Spinoff

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

Baxter Int. (BAX) is splitting off its BioSciences division into a new company called Baxalta. Shares of Baxalta will be given as a tax-free dividend, in the ratio of one to one, to BAX holders on record on June 17, 2015. That means, if you want to receive the Baxalta dividend, you need to buy the stock this week (on or before June 12).

The Baxalta Spinoff

By Ilene with Trevor of Lowenthal Capital Partners and Paul Price

In its recent filing with the SEC, Baxter provides:

“This information statement is being ...



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Mapping The Market

An update on oil proxies

Courtesy of Jean-Luc Saillard

Back in December, I wrote a post on my blog where I compared the performances of various ETFs related to the oil industry. I was looking for the best possible proxy to match the moves of oil prices if you didn't want to play with futures. At the time, I concluded that for medium term trades, USO and the leveraged ETFs UCO and SCO were the most promising. Longer term, broader ETFs like OIH and XLE might make better investment if oil prices do recover to more profitable prices since ETF linked to futures like USO, UCO and SCO do suffer from decay. It also seemed that DIG and DUG could be promising if OIH could recover as it should with the price of oil, but that they don't make a good proxy for the price of oil itself. 

Since...



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Promotions

Watch the Phil Davis Special on Money Talk on BNN TV!

Kim Parlee interviews Phil on Money Talk. Be sure to watch the replays if you missed the show live on Wednesday night (it was recorded on Monday). As usual, Phil provides an excellent program packed with macro analysis, important lessons and trading ideas. ~ Ilene

 

The replay is now available on BNN's website. For the three part series, click on the links below. 

Part 1 is here (discussing the macro outlook for the markets) Part 2 is here. (discussing our main trading strategies) Part 3 is here. (reviewing our pick of th...

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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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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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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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