Archive for 2012

U.S Markets Closed Tomorrow

Submitted by Mark Hanna

Courtesy of MarketMontage. View original post here.

Sandy > Stocks.

May also be closed Tuesday from early indications.

Disclosure Notice

Any securities mentioned on this page are not held by the author in his personal portfolio. Securities mentioned may or may not be held by the author in the mutual fund he manages, the Paladin Long Short Fund (PALFX). For a list of the aforementioned fund’s holdings at the end of the prior quarter, visit the Paladin Funds website at http://www.paladinfunds.com/holdings/blog





All US Equity Markets Closed Monday (And Maybe Tuesday) Due To Sandy

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

Late Updates – after a day of consultation and realization that if the algos were left alone to play then things could go a little pear-shaped – NYSE and NASDAQ will now be totally closed tomorrow:

  • *U.S. EQUITY MARKETS TO CLOSE ON OCT. 29 FOR STORM, SEC SAYS 
  • *NEW YORK STOCK EXCHANGE TO CLOSE MARKETS FOR STORM
  • *NASDAQ OMX MARKETS CLOSED TOMORROW ON HURRICANE SANDY  :NDAQ US

Via NYSE:

“In consultation with other exchanges and market participants, NYSE Euronext will close its markets on Monday, Oct. 29, 2012 and pending confirmation on Tuesday, Oct. 30, 2012’’

 

“We support the consensus of the markets and the regulatory community that the dangerous  conditions developing as a result of Hurricane Sandy will make it extremely difficult to ensure the safety of our people and communities, and safety must be our first priority’’

 

“We will work with the industry to determine the next steps in restoring trading as soon as the situation permits’’

 

Add to this, SIFMA’s recommendation that bond markets close at midday – which is all a little moot given MTA’s closure and tomorrow looks like being a busy day for the European desks…





The Life (So Far) Of Hurricane Sandy

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

She’s wet, windy, and bringing a world of hate to the Atlantic Seaboard – but where did she come from? NOAA offers the complete animated real-life of Hurricane Sandy…

 

 

Meanwhile in Bermuda – waves are reaching 37 feet!!!

 

and in case you were wondering just how big Sandy is relative to Irene:

 

(h/t @NOAA)





COINTELPRO Techniques for Dilution, Misdirection and Control of an Internet Forum

Courtesy of ZeroHedge. View original post here.

Submitted by George Washington.

We have repeatedly addressed the topic of disruption of logical debate on the Internet.

An anonymous writer posted an important new report on disruption at Pastebin.  It is in the style of a leaked law enforcement memo, although we cannot vouch for its authenticity as a document produced by a whistleblower.  However, we have seen these techniques repeatedly used to disrupt Internet debate, and so – even if only copying the style of a real memo – it contains valuable information which all web user should know.

COINTELPRO Techniques for dilution, misdirection and control of a internet forum.

There are several techniques for the control and manipulation of a internet forum no matter what, or who is on it. We will go over each technique and demonstrate that only a minimal number of operatives can be used to eventually and effectively gain a control of a 'uncontrolled forum.'

Technique #1 – 'FORUM SLIDING'

If a very sensitive posting of a critical nature has been posted on a forum – it can be quickly removed from public view by 'forum sliding.' In this technique a number of unrelated posts are quietly prepositioned on the forum and allowed to 'age.' Each of these misdirectional forum postings can then be called upon at will to trigger a 'forum slide.' The second requirement is that several fake accounts exist, which can be called upon, to ensure that this technique is not exposed to the public. To trigger a 'forum slide' and 'flush' the critical post out of public view it is simply a matter of logging into each account both real and fake and then 'replying' to prepositined postings with a simple 1 or 2 line comment. This brings the unrelated postings to the top of the forum list, and the critical posting 'slides' down the front page, and quickly out of public view. Although it is difficult or impossible to censor the posting it is now lost in a sea of unrelated and unuseful postings. By this means it becomes effective to keep the readers of the forum reading unrelated and non-issue items.

Technique #2 – 'CONSENSUS CRACKING'

A second highly effective technique (which you can see in operation all the time at www.abovetopsecret.com) is 'consensus cracking.' To develop a consensus crack,
continue reading





Multigenerational Households on the Rise; Impact on Real Estate?

Courtesy of Doug Short.

Advisor Perspectives welcomes guest contributions. The views presented here do not necessarily represent those of Advisor Perspectives.


Boomerang Students Return Home; What’s the Impact on Housing Demand?

According to a study by the U.S. Census Bureau Multigenerational households on rise in U.S.

More than 4.3 million, or 5.6 percent, of the 76 million family households in the U.S. today are multigenerational households, or families living together that include a grandparent, parent and children as well as other family members, according to a study by the U.S. Census Bureau’s American Community Survey.

Multigenerational Families

  • 3.7% in 2000
  • 4.0% in 2010
  • 5.6% in 2012

There was only a gain of .3% in the 10 years between 2000 and 2010, but a gain of 1.6% in the next two years.

That small 1.6% increase represents a decrease in demand of 1.216 million homes.

However, those survey results are for three generations and thus do not include all the kids graduating from college, with no job, and moving back home.

Boomerang Students Return Home

Boomerang kids with no jobs returning home has an even greater impact on housing demand. CNN Living discusses the “boomerang” effect in College grads and their families learn to live together.

More than half of college graduates move back home, sociologist Katherine Newman wrote in her book, “The Accordion Family: Boomerang Kids, Anxious Parents, and the Private Toll of Global Competition,” based on surveys conducted worldwide.

And many of them are finding it isn’t as painful as it sounds, she said. By setting ground rules and establishing expectations on both sides, parents and their adult children are learning to live together.

“People anticipate it will be more complicated than it turns out to be,” said Newman, dean of the Zanvyl Krieger School of Arts and Sciences at Johns Hopkins University. “It’s remarkably smooth for most families.”

Perhaps that’s because it’s such a common phenomenon. A Pew Research Center analysis of U.S. census data found that the share of Americans living in multigenerational households is at its highest level since the 1950s.

Overall, 39% of adults ages 18 to 34 say they either live with their parents or moved back in at…
continue reading





Lord Bichard: Old People Need To Work For Their Pensions (Even If They Already Have)

Lord Bichard: Old People Need To Work For Their Pensions (Even If They Already Have)

Courtesy of Jesse's Cafe Americain

"Among all the emotions, the rich have the least talent for love. It is possible to love one's dog, dress or duck-shooting hat, but a human being presents a more difficult problem. 

The rich might wish to experience feelings of affection, but it is almost impossible to chip away the enamel of their narcissism. They take up all the space in all the mirrors in the house. Their children, who represent the most present and therefore the most annoying claim on their attention, usually receive the brunt of their irritation.

Lewis H. Lapham

In response to Baron Bichard's proposal that old people be required to do community service or lose their pensions, Robert Oxley of the Tax Payers Alliance said, "it's a bit rich from a civil servant who was able to retire early to lecture us on working during retirement."

In related news, Baron Bichard has been selected as first recipient of the Dolores Jane Umbridge Award for a lifetime achievement in bureaucratic vindictiveness and petty hypocrisy.

Does anyone else notice a trend here amongst the self-righteous elite of the English speaking peoples? What's mine is mine, and what's yours is mine as well, but I might allow you to keep a bit if you fall in and toe the line.

Guardian UK
On Pensions, Listen to the Technocrats
By Richard Seymour
26 October 2012 

Retired people should work for their pensions, says Lord Bichard. The fact that pensioners already have worked for their pension, by definition, doesn't detain him. Pensioners are a "negative burden" on the state, who need to be "incentivised" into doing jobs that young people could do for a wage.

The interesting thing about Bichard is that he isn't some rabid Tory. He is a cross-bench peer, a technocratic former senior civil servant who worked closely with the last Labour government. His suggestion was raised in the context of discussions between politicians, bureaucrats and Bank of England experts on the state's response to demographic change.

And while his specific proposals may have been off-centre, they point to a consensus among policy-making elites. In general, the consensus is that British capitalism will find its way out of crisis and restore global competitiveness by squeezing more work out


continue reading





What Fiscal Cliff? Obama Planning Another “Tax Cut” Fiscal Stimulus

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

Since it would appear that QEternity has ostensibly failed in its main goal of pushing the stock market higher (and mortgage rates lower), the White House seems to be scrambling. Obama administration officials have concluded that the economy, while improved (apparently), is still fragile enough to warrant another bout of stimulus. The same old kitchen sink is being thrown at the problem as they are now resorting to the same fiscal stimulus that has also failed time and time again (as we noted here). As WaPo strawmans reports the White House is discussing the idea of a tax cut that it believes will lift American’s take-home pay and boost a still-struggling economy (citing people familiar with the administration’s thinking).

 

Once again we expect ‘economists’ to come up with counter-factual forecasts.

 

We can’t help but get the terrible feeling of deja vu here (paging Christine Romer). Electioneering? for sure; Will we hear “We have a plan”; of course; but in reality for this to make any sense (in the debt-deleveraging balance sheet recession that we find ourselves in), we must wipe from our minds for one moment the looming fiscal cliff (that our politicians seem stuck with irreconcilable differences), the debt-ceiling/deficit/AAA downgrade debate, and the utter failure of linear-Keynesian model forecasts for stimulus effects in the past.

 

Via Washington Post:

The White House is weighing the idea of a tax cut that it believes would lift Americans’ take-home pay and boost a still-struggling economy, according to people familiar with the administration’s thinking, as the presidential candidates continue battling over whose tax policies would do more for the country.

 

Obama administration officials have concluded that the economy, while improved, is still fragile enough that it may need another bout of stimulus. The tax cut could replace the payroll tax cut championed by President Obama in 2011 and 2012, which was designed as a buffer against economic shocks such as the financial crisis in Europe and high oil prices. It expires at year’s end.

 

 

The administration’s work on the proposal comes as each presidential candidate is under intense pressure to demonstrate he has the better tax plan.

 

 

Any new tax cut would require congressional


continue reading





Israel Conducts Air Strike On Sudan Missile Base In ‘Dry Run’ For Iran Attack

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

This past Wednesday, nobody reported that a squadron of 8 Israeli F-15 jets dropped 4 two-ton bombs on the giant Yarmouk missile factory on the outskirts of Sudan’s capital Khartoum. Which is just as Israel wanted it. Because what otherwise would be a provocative incursion tantamount to war (if only Sudan wasn’t a complete basket case of a country), was really nothing short of a dry-run for an Israeli attack on Iran. At least according to the Sunday Times. “A long-range Israeli bombing raid last week that was seen as a dry run for a forthcoming attack on Iran’s nuclear facilities has destroyed an Iranian-run plant making rockets and ballistic missiles in Sudan…. The raid, in which two people died, triggered panic across the city. Witnesses said they heard a series of loud blasts followed by the sound of ammunition exploding. “It was a double impact — the explosion at the factory and then the ammunition flying into the neighbourhood,” said Abd-al Ghadir Mohammed, 31, a resident. “The ground shook. Some homes were badly damaged.” And… nobody cares. Here we leave it up to readers to imagine the epic horror, deep revulsion that would greet news that Iran had conducted a pre-emptive strike against Israel by blowing up a missile factory in Turkey, killing two innocent people, just to make sure it can.

A visual summary of the attack:

This is what was left of the Somali factory after the Israeli self-appointed (because national borders are for chumps) punishment force was done with it:

And the full post-mortem of the operation that took place 4 days ago, via Voice of Russia:

The attack occurred in the early morning of October 24, when eight Israeli F-15I jets – four of them carrying two one-ton bombs, escorted by four fighters – struck a gigantic Yamrouk missile site. The evidence is that this strike is a general rehearsal before the Israeli attack on Iranian nuclear facilities.

 

According to western defense sources, the 2,400-mile return flight took the Israelis four hours, with the jets flying south along the Red Sea. The planes entered the Sudanese air space from the east to avoid Egypt’s missile defenses.

 

The anti-Iranian operation kicked off two years ago when Mossad agents


continue reading





Supersonic Fiscal Free Fall

Courtesy of ZeroHedge. View original post here.

Submitted by Tim Knight from Slope of Hope.

From Slope of Hope‘s Sunday favorite BDI, here comes Evil Plan 93.0:

113292_600

Well, my fellow Slope-a-Dopes, I’ve been hearing a lot about the dreaded “Fiscal Cliff” for quite some time now.  So I decided to take a flying frog freelance free fall leap into the woefully written word abyss, to see if I could sort out for myself, when and how we would experience the coming sensational supersonic splat



First off, let’s review what the term “Fiscal Cliff” actually means. In order to understand something it’s usually best to know exactly what it is.  

 

This definition from About.com:

“Fiscal cliff” is the popular shorthand term used to describe the conundrum that the U.S. government will face at the end of 2012, when the terms of the Budget Control Act of 2011 are scheduled to go into effect.

Among the laws set to change at midnight on December 31, 2012, are the end of last year’s temporary payroll tax cuts (resulting in a 2% tax increase for workers), the end of certain tax breaks for businesses, shifts in the alternative minimum tax that would take a larger bite, the end of the tax cuts from 2001-2003, and the beginning of taxes related to President Obama’s health care law. At the same time, the spending cuts agreed upon as part of the debt ceiling deal of 2011 will begin to go into effect. According to Barron’s, over 1,000 government programs – including the defense budget and Medicare are in line for “deep, automatic cuts.”

Now that we are facing this self inflicted sequestration law that the U.S. Congress has imposed on itself (Budget Control Act of 2011), the Government has three basic options moving forward:

1)  They could simply let the stated law scheduled for the beginning of 2013 go into effect. This draconian, albeit way overdue fiscal budget policy measure, features a number of tax increases and spending cuts that are expected to weigh heavily on economic growth, which would most likely drive the economy back into a recession or even worse. The positive side of
continue reading





Charting The Undoing Of Credit-Fueled Globalization

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

For two decades the rate of growth of world trade volumes considerably outstripped that of industrial production as credit-fueled globalization created huge imbalances in the world. As Diapason Commodities' Sean Corrigan indicates in these three simple charts, all that vendor-financed circular exuberance has come to an end. The bottom-line is that forced deleveraging (not least of which in Europe) is crushing the credit-fueled (and unsustainable) dream of endless growth as debt saturation has been reached (on private and now public balance sheets).

To wit: Global Trade Volume growth is deep in the danger zone and about to turn negative; as the hopes of so many Sinomaniacs and Pollyannas is slowly peeled back to a righteous recognition of reality.

The ratio of Global Trade Volumes to Industrial Production remained in a relatively stable uptrend as imbalances fueled by credit averaged 3.4% annually more trade than production. All that ended when whatever Keynesian Endpoint or Debt Saturation barrier we hit in 2008 and the impossible was proclaimed entirely possible.

 

What this means – simply – is that without credit expansion, world trade volumes are decelerating rapidly.

 

With Europe on a path to considerable deleveraging (as is clear below)…

 

…things do not look set to get better any time soon – and expectations for world trade to enter contraction any minute now is highly likely.

And as Sean Corrigan notes – on the dreams of China saving the day once again:

The minor uptick in China’s ‘flash’ PMI estimate for October – from 47.9 to 49.1 has sparked the usual explosion of uncritical hopefulness (on the part of those who, by and large, thought there never could be a slowdown under the aegis of the all powerful CCP to begin with) that this finally marks a bottom in that country’s economic cycle.

In giving vent to such optimism, the Sinomaniacs conveniently overlooked the fact that much of the improvement was down to the fact that it was the price indices, rather than those relating to output or employment, which struggled back above the expansion/contraction threshold of 50 – a circumstance which might just temper their extend and pretend expectations of an ever imminent monetary relaxation, were they to reflect on it for a moment between jubilations.

Worse still, the Pollyannas appear


continue reading





 
 
 

Phil's Favorites

Trump and the problem with pardons

 

Trump and the problem with pardons

Courtesy of Andrew Bell, Indiana University

As a veteran, I was astonished by the recent news that President Trump may be considering pardons for U.S. military members accused or convicted of war crimes. But as a scholar who studies the U.S. military and combat ethics, I understand even more clearly the harmful long-term impact such pardons can have on the military.

My researc...



more from Ilene

Zero Hedge

"You've Been Had": Elon Musk's Grand Hyperloop Vision Debunked As "Scam"

Courtesy of ZeroHedge. View original post here.

It looks as though everybody, including the media, is starting to understand that Elon Musk's once grandiose "Hyperloop" idea, to be built by The Boring Company, isn't the futuristic game changer that it was pitched as. In fact, it's looking more and more like a very rudimentary idea that's been around for decades: a car in a tunnel. 

And people are catching on that this is not what Musk repeatedly talked about when baffling the public with bullshit publicly describing the idea of a Hyperloop. Over the weekend, the ...



more from Tyler

Insider Scoop

Jefferies Sees 60-Percent Upside In Aphria Shares, Says Buy The Dip

Courtesy of Benzinga.

After a red-hot start to 2019, Canadian cannabis producer Aphria Inc (NYSE: APHA) has run out of steam, tumbling more than 31 percent in the past three months.

Despite the recent weakness, one Wall Street analyst said Friday that the stock has 30-percent upside potential. 

The Analyst

Jefferies analyst ...



http://www.insidercow.com/ more from Insider

Kimble Charting Solutions

DAX (Germany) About To Send A Bearish Message To The S&P 500?

Courtesy of Chris Kimble.

Is the DAX index from Germany about to send a bearish message to stocks in Europe and the States? Sure could!

This chart looks at the DAX over the past 9-years. It’s spent the majority of the past 8-years inside of rising channel (1), creating a series of higher lows and higher highs.

It looks to have created a “Double Top” as it was kissing the underside of the rising channel last year at (2).

After creating the potential double top, the DAX index has continued to create a series of lower highs, while experiencing a bearish divergence with the S...



more from Kimble C.S.

Chart School

Brexit Joke - Cant be serious all the time

Courtesy of Read the Ticker.

Alistair Williams comedian nails it, thank god for good humour! Prime Minister May the negotiator. Not!


Alistair Williams Comedian youtube

This is a classic! ha!







Fundamentals are important, and so is market timing, here at readtheticker.com we believe a combination of Gann Angles, ...

more from Chart School

Digital Currencies

Cryptocurrencies are finally going mainstream - the battle is on to bring them under global control

 

Cryptocurrencies are finally going mainstream – the battle is on to bring them under global control

The high seas are getting lower. dianemeise

Courtesy of Iwa Salami, University of East London

The 21st-century revolutionaries who have dominated cryptocurrencies are having to move over. Mainstream financial institutions are adopting these assets and the blockchain technology that enables them, in what ...



more from Bitcoin

Biotech

DNA as you've never seen it before, thanks to a new nanotechnology imaging method

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

 

DNA as you've never seen it before, thanks to a new nanotechnology imaging method

A map of DNA with the double helix colored blue, the landmarks in green, and the start points for copying the molecule in red. David Gilbert/Kyle Klein, CC BY-ND

Courtesy of David M. Gilbert, Florida State University

...



more from Biotech

ValueWalk

More Examples Of "Typical Tesla "wise-guy scamminess"

By Jacob Wolinsky. Originally published at ValueWalk.

Stanphyl Capital’s letter to investors for the month of March 2019.

rawpixel / Pixabay

Friends and Fellow Investors:

For March 2019 the fund was up approximately 5.5% net of all fees and expenses. By way of comparison, the S&P 500 was up approximately 1.9% while the Russell 2000 was down approximately 2.1%. Year-to-date 2019 the fund is up approximately 12.8% while the S&P 500 is up approximately 13.6% and the ...



more from ValueWalk

Members' Corner

Despacito - How to Make Money the Old-Fashioned Way - SLOWLY!

Are you ready to retire?  

For most people, the purpose of investing is to build up enough wealth to allow you to retire.  In general, that's usually enough money to reliably generate a year's worth of your average income, each year into your retirement so that that, plus you Social Security, should be enough to pay your bills without having to draw down on your principle.

Unfortunately, as the last decade has shown us, we can't count on bonds to pay us more than 3% and the average return from the stock market over the past 20 years has been erratic - to say the least - with 4 negative years (2000, 2001, 2002 and 2008) and 14 positives, though mostly in the 10% range on the positives.  A string of losses like we had from 2000-02 could easily wipe out a decades worth of gains.

Still, the stock market has been better over the last 10 (7%) an...



more from Our Members

Mapping The Market

It's Not Capitalism, it's Crony Capitalism

A good start from :

It's Not Capitalism, it's Crony Capitalism

Excerpt:

The threat to America is this: we have abandoned our core philosophy. Our first principle of this nation as a meritocracy, a free-market economy, where competition drives economic decision-making. In its place, we have allowed a malignancy to fester, a virulent pus-filled bastardized form of economics so corrosive in nature, so dangerously pestilent, that it presents an extinction-level threat to America – both the actual nation and the “idea” of America.

This all-encompassing mutant corruption saps men’s souls, crushes opportunities, and destroys economic mobility. Its a Smash & Grab system of ill-gotten re...



more from M.T.M.

OpTrader

Swing trading portfolio - week of September 11th, 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 ...



more from OpTrader

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

...

more from Promotions





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...

Learn more About Phil >>


As Seen On:




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.

Market Shadows >>