Posts Tagged ‘anti-austerity protests’

10 Things You Need To Know That Are Going On This Weekend

SPECIAL EDITION: 10 Things You Need To Know That Are Going On This Weekend

Courtesy of Joe Weisenthal, at Clusterstock 

It’s a Saturday, but it certainly doesn’t feel like it, because there’s a heck of a lot going on. 

Here’s what you need to be paying attention to this May Day.

  • Greece/IMF/EU talks continue. According to Greek government officials, some kind of announcement may be made today. The market is hoping to hear something that’s orders of magnitude stronger than any bailout announcement we’ve gotten so far, or otherwise the feeling will be that it can and will fall through again.
  • Of course, there are fresh violent, anti-austerity protests going on today in Athens. The fact that it’s May Day, a day for celebrating anti-capitalism only adds to the tension.
  • New reports suggest the criminal probe into Goldman Sachs is not just a perfunctory follow-on to the SEC charges, but rather a truly separate thing that’s wider than Abacus, and that started before the SEC’s investigation. HUGE.
  • With just five days before the election, UK’s The Guardian has endorsed the Liberal Democrats, the country’s biggest third party. Its leader, Nick Clegg, has surged thanks to a string of strong debate performances, Gordon Brown’s disastrous campaigning, and a lingering sense of unease with the conservatives.


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    Phil's Favorites

    Puerto Rico has not recovered from Hurricane Maria

     

    Puerto Rico has not recovered from Hurricane Maria

    Courtesy of Lauren Lluveras, University of Texas at Austin

    Puerto Rico was in crisis long before Hurricane Maria hit on Sept. 20, 2017.

    For years, this U.S. territory had been struggling with debt, economic crisis and drought. In May 2017, the government defaulted on US$73 billion in loans and declared bankruptcy.

    Then Hurricane Maria slammed...



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    Kimble Charting Solutions

    Silver & Gold- Best buy point in 20-Years?

    Courtesy of Chris Kimble.

    CLICK ON CHART TO ENLARGE

    This chart looks at the Silver/Gold Ratio over the past 30-years.  Historically when the ratio is heading higher it sends a message to be long and strong Gold & Silver.

    When the ratio is heading lower, historically it’s been a great time to avoid Gold & Silver. The ratio has been heading lower since the highs back in 2011, suggesting it’s not the time to buy and hold Silver & Gold.

    The decline in the ratio over the past 7-years has it currently testing the 1995 lows as well as a potential support line at (2).

    Best time to buy Silver & Gold in the past 25-years? T...



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    Zero Hedge

    Bob Lutz: Tesla "Headed To The Graveyard" As "Global Competition Is Coming"

    Courtesy of ZeroHedge. View original post here.

    With Tesla shares reeling after the company confirmed reports that the DOJ had launched an investigation into Tesla over CEO Elon Musk's infamous tweet about going private (in addition to requests for "voluntary" disclosures from Tesla, the DOJ has also subpoenaed Goldman Sachs and Silver Lake Investments), the bears are stepping up and twisting the knife.

    ...



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    Digital Currencies

    Mania to Mania

     

    Mania to Mania

    Courtesy of 

    “Russell rarely played the stock market and had little investing experience when he put around $120,000 into bitcoin in November 2017.”

    This comes from a CNN money article, Bitcoin crash: This man lost his savings when cryptocurrencies plunged. From January 2017 through the peak in early 2018, Ethereum gained 16,915%.

    Any time you have something go vertical, you just know that some peopl...



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    Insider Scoop

    A Peek Into The Markets: US Stock Futures Flat Ahead Of Housing Starts, Current Account Data

    Courtesy of Benzinga.

    Pre-open movers

    U.S. stock futures traded mostly flat in early pre-market trade. Data on housing starts for August and the current account report for the second quarter will be released at 8:30 a.m. ET.

    Futures for the Dow Jones Industrial Average fell 1 point to 26,273.00, while the Standard & Poor’s 500 index futures traded declined 2 points to 2,909.75. Futures for the Nasdaq 100 index slipped 1.5 point to 7,523.

    Oil prices traded ...



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    ValueWalk

    Ray Dalio On The Basics Of Debt Crises

    By Sweeny Kumar. Originally published at ValueWalk.

    The 2008 financial crisis resulted in enormous failures for both individual and institutional investors. There were not many investors who were able to navigate through the crisis calmly and without great losses. Those who did knew the fundamental basics about how debt crises work.

    Q2 hedge fund letters, conference, scoops etc

    Therefore, learning how to maneuver future debt crises is extremely critical for all investors, no matter how b...



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    Chart School

    Weekly Market Recap Sep 16, 2018

    Courtesy of Blain.

    Slow and steady drip up all this past week in a very quiet news environment.  A gap down top open the day Tuesday (which was recovered quickly) and a gap up Thursday (which held) were the highlights!

    The latest on TRADE WARS!(tm):

    Tuesday, news hit that China vowed to retaliate and plans to ask the World Trade Organization next week for permission to impose sanctions on the U.S. for Washington’s noncompliance with a ruling in a dispute over U.S. dumping duties, Reuters reported. That’s part of a dispute that goes back to 2013.

    “Trade wars are certainly a concern, but I don’t know that they’re a one...



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    Members' Corner

    Nike, Colin Kaepernick and the pitfalls of 'woke' corporate branding

     

    Adding this article to Members Corner, in case anyone wants to share their opinions on Nike and Kaep, or on divisiveness in general. Also see the article I mentioned in the comments section, "A Warning From Europe: The Worst Is Yet to Come" and What’s behind the current wave of ‘corporate activism’? ~ Ilene

    Nike, Colin Kaepernick and the pitfalls of 'woke' corporate branding

    Courtesy of Simon Chadwick, University of Salford...



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    Biotech

    Gene-editing technique CRISPR identifies dangerous breast cancer mutations

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

     

    Gene-editing technique CRISPR identifies dangerous breast cancer mutations

    Breast cancer type 1 (BRCA1) is a human tumor suppressor gene, found in all humans. Its protein, also called by the synonym BRCA1, is responsible for repairing DNA. ibreakstock/Shutterstock.com

    By Jay Shendure, University of Washington; Greg Findlay, ...



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    Mapping The Market

    Mistakes were Made. (And, Yes, by Me.)

    Via Jean-Luc:

    Famed investor reflecting on his mistakes:

    Mistakes were Made. (And, Yes, by Me.)

    One that stands out for me:

    Instead of focusing on how value factors in general did in identifying attractive stocks, I rushed to proclaim price-to-sales the winner. That was, until it wasn’t. I guess there’s a reason for the proclamation “The king is dead, long live the king” when a monarchy changes hands. As we continued to update the book, price-to-sales was no longer the “best” single value factor, replaced by others, depending upon the time frames examined. I had also become a lot more sophisticated in my analysis—thanks to criticism of my earlier work—and realized that everything, including factors, moves in and out of favor, depending upon the market environment. I also realized...



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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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    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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    About Phil:

    Philip R. Davis is a founder Phil's Stock World, a stock and options trading site that teaches the art of options trading to newcomers and devises advanced strategies for expert traders...

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    About Ilene:

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

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