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

    Visualizing The New Cryptocurrency Economy

    Courtesy of ZeroeHedge

    Over a decade ago, the birth of Bitcoin sparked a revolution in the digital world - and just last year, the number of active cryptocurrencies jumped from roughly 1,600 to over 3,000 worldwide.

    As Visual Capitalist's Ashley Viens details below, cryptocurrencies have now evolved past simple digital currencies, offering solutions to meet the complex needs of modern financial markets.

    Today’s graphic from Abra visualizes the complex, ever-evolving cryptocurrency ecosys...



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    Zero Hedge

    Visualizing The New Cryptocurrency Economy

    Courtesy of ZeroeHedge

    Over a decade ago, the birth of Bitcoin sparked a revolution in the digital world - and just last year, the number of active cryptocurrencies jumped from roughly 1,600 to over 3,000 worldwide.

    As Visual Capitalist's Ashley Viens details below, cryptocurrencies have now evolved past simple digital currencies, offering solutions to meet the complex needs of modern financial markets.

    Today’s graphic from Abra visualizes the complex, ever-evolving cryptocurrency ecosys...



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    Digital Currencies

    Visualizing The New Cryptocurrency Economy

    Courtesy of ZeroeHedge

    Over a decade ago, the birth of Bitcoin sparked a revolution in the digital world - and just last year, the number of active cryptocurrencies jumped from roughly 1,600 to over 3,000 worldwide.

    As Visual Capitalist's Ashley Viens details below, cryptocurrencies have now evolved past simple digital currencies, offering solutions to meet the complex needs of modern financial markets.

    Today’s graphic from Abra visualizes the complex, ever-evolving cryptocurrency ecosys...



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    Kimble Charting Solutions

    Gold Miners Indicator Attempting Multi-Year Breakout, Says Joe Friday

    Courtesy of Chris Kimble

    Are Gold Mining stocks about to be sent a bullish signal they haven’t received in years? Possible says Joe Friday.

    This chart looks at the Senior Miner/Junior miner (GDXJ/GDX) ratio over the past few years. Historically when the ratio is heading up, miners tend to do very well.

    The ratio has created a series of lower highs just below the falling line (1), since the summer of 2016. The ratio is currently testing the strong falling resistance line and the June 2019 highs at (2).

    Joe Friday Just The Facts Ma’am; If the ratio succeeds in a double breakout at (2), it sends miners a long-awaited bullish message.

    ...

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    Insider Scoop

    Scott Galloway Calls For Twitter's Board To Replace 'Part-Time CEO' Jack Dorsey Amid Africa Move Plans

    Courtesy of Benzinga

    A shareholder in Twitter Inc. (NASDAQ: TWTR) and New York University business professor wrote an open letter Friday to the company's board calling for the replacement of CEO Jack Dorsey.

    What To Know

    Scott Galloway, who owns more than 330,000 shares of Twitter stock a...



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    Lee's Free Thinking

    Chart Shows the Fed Ramping Up Not QE - Funding Almost All Treasury Issuance

     

    Chart Shows the Fed Ramping Up Not QE – Funding Almost All Treasury Issuance

    Courtesy of Lee Adler, Wall Street Examiner 

    The Fed is ramping up “Not QE” .

    The Fed bought $2.2 billion in notes today in its POMO, “not QE,” operations. Actually $2.15 billion because they sold back a whole $50 million. Must have been a little glitch in the force.

    This brings the Fed’s total outright purchases of Treasuries to $170 billion since it started Not QE, on September 17.

    It also did $107 billion in gross new repo loans to Primary Dealers to buy Tre...



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    Chart School

    Silver stock taking the sector higher

    Courtesy of Read the Ticker

    As the US economy begins to show late cycle characteristics like: GDP slowing, higher inflation, higher wage costs, CEO confidence slump. 

    Previous Post: Gold Stocks Review

    The big players in the market are looking for the next swing off good value lows. This means more money is finding it way into the gold and silver sector, and it is said gold and silver stocks actually lead the metal prices.

    The cycle below shows prices are ready to move in the months ahead (older chart re posted).


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    Members' Corner

    Sacha Baron Cohen Uses ADL Speech to Tear Apart Mark Zuckerberg and Facebook

     

    Sacha Baron Cohen Uses ADL Speech to Tear Apart Mark Zuckerberg and Facebook

    By Matt Wilstein

    Excerpt:

    Sacha Baron Cohen accepted the International Leadership Award at the Anti-Defamation League’s Never is Now summit on anti-Semitism and hate Thursday. And the comedian and actor used his keynote speech to single out the one Jewish-American who he believes is doing the most to facilitate “hate and violence” in America: Facebook founder and CEO Mark Zuckerberg.

    He began with a joke at the Trump administration’s expense. “Thank you, ADL, for this recognition and your work in fighting racism, hate and bigotry,” Baron Cohen said, according to his prepared...



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    The Technical Traders

    VIX Warns Of Imminent Market Correction

    Courtesy of Technical Traders

    The VIX is warning that a market peak may be setting up in the global markets and that investors should be cautious of the extremely low price in the VIX. These extremely low prices in the VIX are typically followed by some type of increased volatility in the markets.

    The US Federal Reserve continues to push an easy money policy and has recently begun acquiring more dept allowing a deeper move towards a Quantitative Easing stance. This move, along with investor confidence in the US markets, has prompted early warning signs that the market has reached near extreme levels/peaks. 

    Vix Value Drops Before Monthly Expiration

    When the VIX falls to levels below 12~13, this typically v...



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    Biotech

    Why telling people with diabetes to use Walmart insulin can be dangerous advice

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

     

    Why telling people with diabetes to use Walmart insulin can be dangerous advice

    A vial of insulin. Prices for the drug, crucial for those with diabetes, have soared in recent years. Oleksandr Nagaiets/Shutterstock.com

    Courtesy of Jeffrey Bennett, Vanderbilt University

    About 7.4 million people ...



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    Mapping The Market

    How IPOs Are Priced

    Via Jean Luc 

    Funny but probably true:

    ...

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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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