Archive for 2016

Western Hypocrisy, And Why It Makes The World A Dangerous Place

Courtesy of ZeroHedge. View original post here.

Submitted by Michael Jabara Carley via Strategic-Culture.org,

The West has always been a great trembling hive of hypocrisy, portraying itself as liberal, progressive, civilised and democratic. You know the descriptors; the list is very long. Take the United States, for example, it is the «shining house upon the hill»: just, altruistic, democratic, with a «mission to extend individual liberties throughout the world».

«Our cause has been the cause of all mankind», Lyndon Johnson declared during the 1964 presidential election campaign. To reinforce his argument Johnson cited President Woodrow Wilson, who had similar things to say about American virtue. Nothing has changed: listen to Barack Obama talk about the altruism of the United States. ‘We are the «exceptional nation»,’ he often says.

These western and especially US virtues are mobilised to justify policies, wars, covert activities which are not virtuous at all. Let’s start with Wilson. He is best known for the «Fourteen Points», national self-determination, «democracy», open agreements, and so on. «Do as I say, not as I do,» Wilson might have cautioned in the backroom. He did not, for example, anticipate «self-determination» for the Philippines, a US colony, or closer to home, for American «Negros».

You see, Wilson was a segregationist and supporter of Jim Crow and the Ku Klux Klan. We need the KKK, Wilson believed, to keep «colored folks» in line, especially those who came back from France having served in the US armed forces. They might think they were entitled to the same rights as white people. As American blacks were to be subject to Jim Crow, so Bolsheviks in Russia were to be subjected to Entente military intervention to put an end to their socialist revolution.

Then of course there was World War II. It is during this war that the United States and Great Britain got into the habit of destroying cities and civilian infrastructure, and killing large numbers of civilians. It is true that Nazi Germany set the precedent for targeting civilians, and few people questioned the destruction of German cities and the mass killing of civilians in Cologne, Hamburg, Dresden, Berlin and other places.

The «krauts» had it coming. So did the Japanese, most of their cities were burned to the ground. Hiroshima and Nagasaki were destroyed with the first atomic bombs. «Military targets,» said accidental


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Lawmakers Allege “Quid Pro Quo” Between FBI And State Over Altered ‘Classified’ Clinton Emails

Courtesy of ZeroHedge. View original post here.

About a week ago we wrote about newly released FBI interviews with numerous references to State Department officials, including Patrick Kennedy, applying pressure to subordinates to change classified email codes so they would be shielded from Congress and the public (see “Two Boxes Of Hillary Emails Mysteriously Disappear“).  Here is the relevant section from the FBI’s interview notes:

Hillary

Now, according to a report from Fox News, new FBI files reviewed by Jason Chaffetz (R-Utah), Chair of the House Oversight Committee, potentially point toward a “quid pro quo” arrangement between the State Department and the FBI whereby Patrick Kennedy, a senior executive at the State Department, offered “additional slots for the FBI at missions overseas” in return of “altering the classification” of certain Hillary Clinton emails.  If true, of course, this new evidence could serve to discredit the entire FBI investigation as the notes are a “flashing red light of potential criminality.”

FBI interview summaries and notes, provided late Friday to the House Government Oversight and Intelligence Committees, contain allegations of a “quid pro quo” between a senior State Department executive and FBI agents during the Hillary Clinton email investigation, two congressional sources told Fox News.

“This is a flashing red light of potential criminality,” Republican Rep. Jason Chaffetz of Utah, who has been briefed on the FBI interviews, told Fox News.

He said “there was an alleged quid pro quo” involving Undersecretary for Management Patrick Kennedy and the FBI “over at least one classified email.”

“In return for altering the classification, the possibility of additional slots for the FBI at missions overseas was discussed,” Chaffetz said.

“Both myself and Chairman Devin Nunes of the House Permanent Select Committee on Intelligence are infuriated by what we have heard,” he added.

“Left to their own devices the FBI would never have provided these [records] to Congress and waited until the last minute. This is the third batch because [the FBI] didn’t think they were relevant,” Chaffetz said.

Hillary Comey

Of course, the FBI told Fox News there was absolutely no impropriety in the interactions between the FBI and the State Department.  Apparently an FBI agent just happened to raise the issue of additional slots for agents overseas during a call with


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Tinfoil: It’s Getting Harder To Leave Home Without It

Courtesy of ZeroHedge. View original post here.

Authored by Mark St.Cyr,

It used to be when someone mentioned the term “tinfoil cap wearing,” “conspiracy theorist,” “lunatic fringe,” etc, etc., it was usually in reference to a subset of individuals or groups that resided in some dark corners or basements believing “mind control” went far beyond just propaganda. i.e., It was actually the government (or aliens!) sending out undetectable frequencies directly into the minds of the masses. And, the only protection was: tinfoil. With it’s best use fashioned and adorned as a cap. It’s been a running joke (as it should be) longer than most can remember.

Yet, with all that said, it’s getting harder to be out amongst the public as an informed person and not feel as if there isn’t something to all the “lunacy.” For if you speak to nearly anyone these days be it family, friends, coworkers, or the occasional overheard conversations of strangers. You can’t help wondering: how can so many be so clueless? Or worse: how is it they can argue some form of righteous stance about this, or that, all the while they are “knee-deep” themselves in the same (if not worse) muck they say is being slung from the other side?

It’s moved so far beyond ridiculous I’m now starting to believe there is something in the water. However, is it in the tap or, is it in the bottled? For the people able to afford bottled, as opposed to plain tap, seem to have some of the more “crazy” arguments I’ve heard in quite some time. And that’s saying something. It’s the only thing that explains it.

(Note: “informed” would include you dear reader, for the mere act of you reading this, whether you agree or disagree, proves ipso facto that you are searching out information as to draw your own conclusions. And to that – I tip my hat too you.)

So now that you’ve read this far, let’s both don a silvery chapeau and contemplate what might be one of the scariest propositions (if found true) that could change everything (and I do mean everything) as we know it. e.g., “WWIII”

(C’mon, what’s a good conspiracy theory without an apocalyptic conclusion as part of the deal? For if you’re going to go there – just go there is all I’ll say, yes?)

In the U.S. we


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The Fed, Like The BOJ, Is Now In The Curve Steepening Business: What That Means For Markets

Courtesy of ZeroHedge. View original post here.

Following Janet Yellen’s strange speech from Friday, titled “The Elusive ‘Great’ Recovery” in which a seemingly perturbed Yellen not only admitted that the Fed may have hit peak confusion and that 7 years after unleashing a global, multi-trillion asset reflation experiment, it has not only failed to reflate non-market assets (at least both bonds and stocks are near all time highs on central bank buying), but in which the Fed chair also admitted the Fed is not even sure it understands the phenomenon of inflation any more, and in which Yellen’s reference to stoking a “high-pressure economy” and the lack of a mention of raising interest rates (coupled with her suggestion that the Fed “may want to aim at being more accommodative” during recoveries) was initially seen as a dovish sign, the just as confused market first rose, then fell after it reintrepreted her comments not so much as dovish, but as refering “financial stability”, something that Eric Rosengren explained earlier on Friday refers to steepening the yield curve, which in effect is a tapering of long-end purchases, or – as we first dubbed it when previewing the BOJ’s similar operation - a reverse Operation Twist.

The result was a prompt jump in 10Y and 30Y TSY yields to session highs on Friday after Yellen’s speech discussing “plausible ways” to reverse adverse supply-side effects by temporarily running a “high-pressure economy”, but more importantly the 5s30s steepened. Indeed, the selloff in long end saw 30Y yields rise by more than 7bp, topping 2.55% for 1st time since June 23 Brexit vote, the 10Y yield was higher by 5bp at 1.791%, above closing levels since June 2, while the short end barely budged.

But the steepening mood started not with Yellen but with Eric Rosengren, the president of the Boston Fed President, who dissented from the FOMC’s decision to hold rates steady at its September meeting, and who said is perplexed by historically low 10-year Treasury yields, which “haven’t rebounded as in other recoveries, with investors willing to accept a vanishingly small premium over their inflation expectations to hold them.” 

Perhaps the reason for that is that despite the endless rhetoric, there hasn’t actually been a, you know, “recovery.”

As Bloomberg’s Daniel Kruger observed, Rosengren cited the Fed’s extensive holdings of 10-year


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Learning From The British Election Of 1722

Courtesy of ZeroHedge. View original post here.

Submitted by Gary Galles via The Mises Institute,

It has become commonplace to note that the 2016 election campaign is unlike any America has seen before. Whether it is the issues brought to the fore, the number of scandals, or the intensity of the personal invective, it is hard to believe we are now within the bounds of what our founders had in mind.

In fact, we can make that statement going back more than half a century before our founding. The reason is that one of the greatest influences on colonial American political thought was Cato’s Letters, in which John Trenchard and Robert Gordon echoed John Locke in the early 1720s. According to Ronald Hamowy, its

arguments against oppressive government and in support of the splendors of freedom were quoted constantly and its authors were regarded as the country’s most eloquent opponents of despotism…[and] frequently served as the basis of the American response to the whole range of depredations under which the colonies suffered.

Of particular note in regard to our current election choices are Cato’s Letters 69 and 70, which addressed British voters about the choice of representatives they faced in their fiercely fought general election of 1722. Those letters bring us back to how far we have moved from what George Washington described as “the sacred fire of liberty…staked on the experiment entrusted to the hands of the American People,” making some of its insights worth reconsideration today:

  • “Our country abounds with men of courage and understanding; nor are there wanting those of integrity and public spirit: There is an ardent desire and diffusive love of liberty…and many begin to be tired, sick, and ashamed of party-animosities, and of quarrelling…to gratify the pride, the ambition, and rapine of those who only sell and betray them. It is yet in our power to save ourselves.”
  • “Let us not again be deluded with false promises and deceitful assurances; but let us judge what men will do by what they have done.”
  • “Throw your choice upon such who will neither buy you, nor sell you.”
  • “In corrupt administrations, your superiors of all kinds make bargains, and pursue ends at the public expense, and grow rich by making the people poor.”
  • Think what you are doing, while you are raising


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Weekly Market Recap Oct 16, 2016

Courtesy of Blain.

The week that was…

Earnings season began in earnest but the obsession with the Federal Reserve remained this past week.  Tuesday, Thursday, Friday provided some fireworks although Tuesday was the only day with a significant end of day % change.   Thursday and Friday were a bit of polar opposites with a gap up (or down) offset by the opposite move during the remainder of the session.  Federal Reserve minutes were released Wednesday meeting which described the decision around holding rates unchanged as a “close call,” and indicated that Fed officials saw sufficient reasons for a hike but wanted to see further evidence of economic improvement with doves pointing to slack in inflation measures:

In the minutes from its September meeting, the Fed said it held steady but acknowledging that a rate increase was in the cards “relatively soon.”

The minutes tended a bit toward the dovish side, said Karyn Cavanaugh, senior market strategist at Voya Financial. “They were a little wishy-washy, not a lot of substance, leaning toward the doves, and no specificity about [a] December [rate hike],” Cavanaugh said. “We’ve seen this before and the market is looking at it with a jaded eye.”

“There was a little more color in these minutes, but no explicit mention of November or December. We would’ve liked to have seen that—we think another 25 [basis point] increase would be good for the economy—but there’s still time for the Fed to get more explicit,” said Deron McCoy, chief investment officer at Signature Estate & Investment Advisors.

Federal -funds futures show that investors were pricing in a roughly 70% chance to a rate increase in December.

Friday, a Janet Yellen speech went full dove yet again!  We’ll go back to Karyn for comments!

Janet Yellen said it might be wise to run a “high pressure” economy, one with a tight labor market, to reverse the negative effects of the Great Recession.

Yellen is affirming the dovish tilt seen in the recently released minutes of September’s Fed policy meeting, said Karyn Cavanaugh, senior market strategist at Voya Financial.  “These low rates are kind of silly, but the


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Iraq Launches Military Offensive To Retake Mosul From ISIS; Up To 1 Million Refugees Expected

Courtesy of ZeroHedge. View original post here.

Moments ago, Iraq’s Prime Minister Haider al-Abadi publicly announced the start of an offensive to retake Mosul, the capital of Islamic State’s caliphate in Iraq. US troops are said to be playing a “supporting role” in the offensive, with the Iraqi army and Kurdish Peshmerga fighters making up the bulk of the 30,000-strong force.

Tonight, PM Abadi issued orders to initiate major operations to liberate #Mosul after two years of darkness under #ISIL terrorists. #??????

— Brett McGurk (@brett_mcgurk) October 16, 2016

Washington recently announced the deployment of 600 additional US troops to help with the city’s recapture, bringing the total number of US force management personnel to move than 5,000, according to the Pentagon.

Godspeed to the heroic Iraqi forces, Kurdish #Peshmerga, and #Ninewa volunteers. We are proud to stand with you in this historic operation.

— Brett McGurk (@brett_mcgurk) October 16, 2016

“The hour has come and the moment of great victory is near,” Prime Minister el-Abadi said in a speech on state TV, surrounded by the armed forces’ top commanders. “I announce today the start of the operation to liberate the province of Nineveh.”

The assault on Mosul is backed the U.S.-led coalition and could be one be the biggest military operations in Iraq since the 2003 U.S.-led invasion that toppled Saddam Hussein.It is expected to last several weeks if not longer.

“We are proud to stand with you in this historic operation,” Brett McGurk, U.S. envoy to the coalition against Islamic State, said on Twitter at the start of the Mosul offensive.

Mosul is the last major stronghold of ultra-hardline Sunni group in Iraq. With a pre-war population of around 2 million, the northern Iraqi city is the largest city Islamic State has controlled after it declared a “caliphate” in Iraq and neighboring Syria in 2014.

#BREAKING:
Peshmerga artillery shells ISIS positions near Mosul.
?????? #????????? ???? ???? ????#MosulOps #TwitterKurds #Mosul #Peshmerga pic.twitter.com/NjsqDVQZSQ

— Peshmerga (@KURDISTAN_ARMY) October 16, 2016

The launch of the offensive does not come as a surprise to anyone, and certainly not ISIS, after leaflets declaring “Victory Time” were dumped over the city


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Where The Stimulus Is Hiding: China’s Fiscal Push Is Now Bigger Than After The Global Meltdown

Courtesy of ZeroHedge. View original post here.

Last week we reported that as a result of some rather vocal chiding by both the IMF and G-20, China was finally forced to deflate, if not outright burst, its housing bubble using various measures to curb unprecedented demand for real estate, and the nation’s third housing bubble in the past five years.

Here is a quick bullet recap of the key quandaries facing Beijing as it seeks to bring the local housing market to another “soft landing”:

  • Housing Mania Unhealthy; Enter Beijing: New all-time high. All stats look similar. Scary
  • All will notice price data peaking
  • Tier-1 vs. Tier-2 vs. Tiers-3,4, more.
  • How to??? ‘Boil’ — to ‘Simmer’ — not to ‘Cold’
  • Beijing – has been timid in tackling to date
  • Now — coordinated multi-cities – ad hoc rules
  • Not big up Starts, Investment in 2016; down 2017
  • Not big driver of hard commodity demand
  • Home equity — China #1 Consumer Wealth item

As bullet point 4 lays out, the big problem for China is how to avoid going from boiling hot to just tepid, and avoid crashing its housing market outright. To elucidate this point we highlight an excerpt from the latest weekly letter by One River’s Eric Peters:

“There’s no real choice for people now, they invest in property or they get their money out,” continued the same CIO. “Think about the two growth components; investment and consumption.” The latter is doing ok in China. Investment is divided into roughly 33% government infrastructure, 33% corporate capex, and 33% property investment. “Capex is now negative, and the government controls infrastructure spending, so now there’s only property investment left.” And if Beijing now limits property investment, money will leave China.

Needless to say, Beijing is rather desperate to avoid even more money leaving China, which underscores why orchestrating a “just right” slowdown in the housing market will be so critical.

Furthermore, this being China, it couldn’t leave the population out cold Turkey, and had to provide an alternative asset bubble to keep the locals entertained until the housing market returned to a more realistic level. As we reported last night, it has done so by shifting the massive stimulus out of housing and into autos. As we reported


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The Floodgates Begin To Open

Courtesy of ZeroHedge. View original post here.

Submitted by John Rubino via DollarCollapse.com,

It’s now clear that what governments did to counter the Great Recession may have delayed systemic collapse, but did not resurrect the old normal. Growth around the world is anemic – which is to say debt continues to increase faster than the productive capacity to service it – and inflation (the other way to shrink a debt burden) remains below target.

Now “anemic” is becoming “non-existent.” In the US, mini-credit-bubbles like auto loans, home mortgages and student loans are sputtering, leading economists to dial back their rosy scenarios for 2016. The Atlanta Fed’s GDPNow forecast for Q3 growth, for instance, was a robust 3.8% in August but is now less than 2% — and still falling.

gdp-now-oct-16

Not surprisingly, everyone is starting to panic. In the UK, where admittedly Brexit has created a unique situation:

Mark Carney: Bank of England will tolerate higher inflation for the sake of growth

(Telegraph) – Official data on Friday showed house building, infrastructure and public construction all slumped in August, indicating that the UK’s building industry is slowing sharply and could even enter a recession. Construction output dropped by 1.5pc in the month, an unexpected drop after growth of 0.6pc in July, according to the Office for National Statistics. Separate Bank of England figures showed banks suffered a big drop in demand in the months following the Brexit vote as fewer Britons were prepared to take major financial decisions. Demand for mortgages dipped strongly, with a net balance of 44pc of banks reporting a fall in customer interest – the biggest negative score in almost two years.

Bank of England Governor Mark Carney told an audience in Nottingham that the current environment of low inflation was “going to change”, with the drop in the value of the pound likely to push up prices across the economy. He said food prices were likely to be affected first, signaling that the situation was “going to get difficult” for those on the lowest incomes as the UK moves “from no inflation to some inflation”.

Inflation, which stood at 0.6pc in the year to September, is expected by some economists to climb close to 3pc by the end of next year. This would be a full percentage point above the


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Clinton Aide Doug Band Goes Off On “Backstabbing” Chelsea – “Apple Doesn’t Fall Far”

Courtesy of ZeroHedge. View original post here.

As we pointed out last week, long-time Clinton aide Doug Band had a bad habit of being brutally honest over email…particularly when it came to his feelings regarding “spoiled brat” Chelsea Clinton.  The following example comes from January 2012 when Band forwards a complimentary email from Chelsea (aka “Diane Reynolds”) essentially calling her a two-faced backstabber.

She sends me one of these types of emails every few days/week

As they say, the apple doesn’t fall far

A kiss on the cheek while she is sticking a knife in the back, and front

While it’s unclear exactly which parent Band is referencing with his “the apple doesn’t fall far” reference, we have our suspicions.

Backstabbing

Of course, this wasn’t the first time Band intimated his true feelings about Chelsea to Podesta.  Just a couple of months earlier, in November 2011, Band sent the following email after Chelsea expressed her views that Band’s firm, Teneo, created potential conflicts of interest in going to State Department officials to seek assistance for clients, including MF Global. 

“She is acting like a spoiled brat kid who has nothing else to do but create issues to justify what she’s doing because she, as she has said, hasn’t found her way and has a lack of focus in her life. I realize she will be off of this soon but if it doesn’t come soon enough….”

Chelsea

After that, the situation escalated to the point that Band sent the following email two days later saying that Chelsea had pushed Clinton Foundation COO, Laura Graham, to the brink of suicide.  Within the email Band describes an encounter in which he received a “late night” call from Graham who was:

“…on staten island in her car parked a few feet from the waters edge with her foot on the gas pedal and the car in park.  She called me to tell me the stress of all of this office crap with wjc and cvc as well as that of her family had driven her to the edge and she couldn’t take it anymore.”

Chelsea

If he hasn’t already, now might be a really good time for Doug Band to disappear into a remote village deep in the Amazon for a while.





 
 
 

Phil's Favorites

Congress is considering privacy legislation - be afraid

 

Congress is considering privacy legislation – be afraid

Courtesy of Jeff Sovern, St. John's University

Supreme Court Justice Louis Brandeis called privacy the “right to be let alone.” Perhaps Congress should give states trying to protect consumer data the same right.

For years, a gridlocked Congress ignored privacy, apart from occasionally scolding companies such as Equifax and Marriott after their major data breaches. In its absence, ...



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Zero Hedge

Key Events This Week: Trade War, EU Elections, Durables, PMIs And Fed Minutes

Courtesy of ZeroHedge

Looking at this week's key events, Deutsche Bank's Craig Nicol writes that while the unpredictable nature of US-China trade developments will likely continue to be the main focus for markets again next week, we also have the European Parliament elections circus to look forward to as well as various survey reports including the flash May PMIs which may offer some insight into the impact of trade escalation on economic data. The FOMC and ECB meeting minutes are also due, along with a heavy calendar of Fed officials speaking.

The European Parliament elections will kick off next Thursday with voting continuing into the weekend across the continent, with results expected on Sunday. With the elections surrounded by internal and external challenges for the EU, members di...



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Kimble Charting Solutions

Will S&P 500 Double Top Derail The Rally?

Courtesy of Chris Kimble.

The rally off the December stock market lows has been strong, to say the least. The S&P 500 rallied 25 percent before hitting and testing the 2018 high.

The old highs proved to be formidable resistance and ushered in some volatility in May… and a 5 percent pullback.

In today’s 2-pack, we look at that resistance level – could that be a double top? We can see similar patterns develop on the S&P 500 Index and its Equal Weight counterpart.

Both indexes are testing short-term Fibonacci retracement levels of the recent decline at point (2).

What takes place here after potential double top highs will be important. Stay tuned...



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Insider Scoop

60 Biggest Movers From Friday

Courtesy of Benzinga.

Gainers
  • Fastly, Inc. (NYSE: FSLY) shares jumped 50 percent to close at $23.99 on Friday. Fastly priced its 11.25 million share IPO at $16 per share.
  • Outlook Therapeutics, Inc. (NASDAQ: OTLK) shares climbed 37.3 percent to close at $2.10 on Friday after the stock rose over 68 percent Thursday following an Oppenheimer initiation at Outperform with a price target of $12.
  • Cray Inc. (NASDAQ: CRAY) shares rose 22.5 percent to close at $36.52 after Hewlett Packard Enterpri...


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Chart School

Weekly Market Recap May 18, 2019

Courtesy of Blain.

China – U.S. trade talk continued to dominate the week.   A heavy selloff Monday was followed by 3 up days, with Friday moderately down.

On Monday, Chinese officials announced retaliatory tariffs against the U.S., hitting $60 billion in annual exports to China with new or expanded duties that could reach 25%.

Then on Wednesday:

The Trump administration plans to delay a decision on instituting new tariffs on car and auto part imports for up to six months, according to media reports.

...

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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 ...



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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

...



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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 ...



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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...



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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...



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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 ...



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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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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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