Posts Tagged ‘Olympics’

Tragedy Strikes The 2010 Winter Olympics

Very sad, tragic start to the Olympics, one of those times in which everyone wishes the clock could be turned back. – Ilene

Tragedy Strikes The 2010 Winter Olympics As Luge Competitor Dies In Practice Run

luge luger nodar olympics
 
Horrible news from the 2010 Winter Olympics. Georgian luge competitor Nodar Kumaritashvili was killed in a serious accident as he skidded off course at a staggering 90 miles per hour.

(Note there have been various videos being uploaded to YouTube, and the IOC is aggressively stomping them out)

—-

AP: A luge athlete from Georgia, Nodar Kumaritashvili, was killed in a crash in training on the Olympic track at the Whistler Sliding Center on Friday, an Olympic luge official at the track confirmed, the worst case scenario developing on a track that many competitors have said is too fast.

Kumaritashvili lost control of his sled 48 seconds into his run, near the end of the track. According to the speed clock on the broadcast, he was going 143.3 kph — 88 mph — and was propelled over the track wall. He slammed into a steel pole near the finish line.

Officials from the international luge federation and Olympic officials did not immediately confirm his condition, nor where he was taken after rescue officials removed him from the track.

Medical officials rushed to the scene and were performing chest compressions and mouth-to-mouth resuscitation, the Associated Press reported. Kumaritashvili was lifted into an ambulance. An air-rescue helicopter was summoned and was over the track about eight minutes after the crash.

Kumaritashvili struck the inside wall of the track on the final turn. His body immediately went airborne and cleared the ice-coated concrete wall along the left side of the sliding surface. His sled remained in the track, and it appeared his helmet visor skidded down the ice.

“It’s a very rare situation,” Georg Hackl, the three-time Olympic champion and German coach, told the A.P. “But there’s some things that you can’t do anything about.”

Many sliders have exceeded 90 miles an hour on this course. The track is considered the world’s fastest and several Olympians recently questioned its safety. More than a dozen athletes have crashed during Olympic training.

At the finish area, not far from the crash scene, athletes, coaches and officials solemnly awaited word on Kumaritashvili.

“I’ve never…
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Rio 2016: Guide to Investing In Brazil

Welcome to Shocked Investor, who’s first post here is about Brazil. Shocked Investor sent us an article on investing in Brazil, with an eye to the massive investments and profits he believes will be made for the Olympics/Rio 2016. Click here to read the pdf file.  Enjoy!  – Ilene

Rio 2016: Guide to Investing In Brazil

Courtesy of Shocked Investor


 

New VALE ad commemorating Rio 2016: "Three types of minerals will be found in Rio: Gold, Silver, and Bronze"

INTRODUCTION

With Rio de Janeiro having just being awarded the Olympics 2016 there will be enormous activity and interest in Brazil. There will be tremendous investments made in the city and in the country. Whether the government itself makes a profit money-wise is a difficult proposition, and difficult to measure. However, the benefits to the country are long term and in many other indirect areas. Many companies and sectors will certainly boom and make considerable revenue. Over the next months and years we will dedicate considerable effort to dissecting these companies and sectors to pinpoint the winners. Also, in future posts, we will be talking about other companies, while not directly Brazilian ADRs, but that do most of their business – of profits – in Brazil. I know these companies and the market well, and have very good connections over there. Much more on this later. Also, please see another recent post on Brazil on September 23, with expert interviews on BNN TV.

This article shows all the current Brazilian ADRs. These are securities that can be traded in North America, like regular stocks. Most have good volumes, and most of them have options as well. Some of the companies are very large and are among the biggest in the world. For example, ITUB has a market cap of over $90B, much higher than most banks in the world. VALE is at $120B, VIV $10B, ABV, $52B, BBD $61B, and so on.

Two ETFs are also shown, EWZ for Brazilian stocks, and BZF which tracks the Brazilian currency. You will see that these stocks have gone up sharply this year. The EWZ is up over 93%, partly due to the appreciation of the Real and the drop of the


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Bill Buckner Moved to Tears as Obama Relieves Him of “Biggest Sports Fail” Title

Bill Buckner Moved to Tears as Obama Relieves Him of "Biggest Sports Fail" Title

By Op-Toons Review

Obama, Olympics, Op-toons Review

Boston, Massachusetts--Former Red Sox player Bill Buckner, who infamously lost a World Series for the team in 1986 by letting a ball slip under his glove and through his legs, was moved to tears as President Obama relieved him of his "biggest sports fail" title…

Read more here. >> 

See also:

International Committee Rejects Obama’s Personal Pitch that His Large Ego Be Site of 2016 Olympics

 


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Zero Hedge

How To Spend $45,000 On A $27,000 Car

Courtesy of ZeroHedge View original post here.

Authored by Mike Shedlock via MishTalk,

As cars become more expensive, and trade-ins worth less and less, buyers go deeper in debt on new cars.

Please consider taking a $45,000 Loan for a $27,000 Ride.

...

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Phil's Favorites

Peace advocates have long been found among veterans who fought in America's wars

 

Peace advocates have long been found among veterans who fought in America's wars

Veterans for Peace gather for a Veterans Day ceremony at the Minnesota State Capitol mall, Nov. 11, 2014, in St. Paul. AP/Jim Mone

Courtesy of Michael Messner, University of Southern California – Dornsife College of Letters, Arts and Sciences

If President Donald Trump had gotten his way, the nation would have celebrated the centennial of the World War I armistice last year on Nov. 11 with ...



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Insider Scoop

These Analysts Love BellRing Brands

Courtesy of Benzinga

BellRing Brands Inc (NYSE: BRBR) is a nutrition products company known for its ready-to-drink protein shakes and was born out of the separation of Post Holdings Inc (NYSE: POST)....



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The Technical Traders

Welcome to the Zombie-land Of Investing - Part I

Courtesy of Technical Traders

This current market environment is very reminiscent of the 2006-08 market environment where price rotated into weakness on technicals and continued to establish new all-time price highs in the process – creating what we are calling a “zombie-land melt-up”.  This very dangerous price action is indicative of money chasing a falling trend.  Where technicals and fundamentals are suggesting that price is actually weakening quite substantial, yet the process of price exploration is continually biased towards the upside as investors continue to pile onto the back of the beast expecting a further melt-up.

Let’s take a look at what happened to the ES and Gold in 2006 an...



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Kimble Charting Solutions

Gold Indicator Sending Fresh Bearish Message, Says Joe Friday!

Courtesy of Chris Kimble

Could the Gold/US Dollar ratio be sending a fresh concerning message to Gold bulls this week? Joe Friday says Yes!

This chart looks at the Gold/Dollar ratio over the past 8-years.

The intersection of two long-term channel met at (1) a few months ago. The ratio was testing the bottom of one as resistance and the top of another as resistance at the same time.

As the ratio was testing both channels as resistance, a sizeable bearish reversal pattern took place at (1).

Since the reversal pattern took place, the ratio has been heading lower.

Joe Friday Just The Facts Ma’am; The ratio is breaking below...



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Digital Currencies

3 Reasons Why One Trader Didn't "Manipulate" Bitcoin Price To $20K

Courtesy of ZeroHedge View original post here.

Authored by William Suberg via CoinTelegraph.com,

Bitcoin price highs in 2017 were not the result of a single trader on an exchange, the CEO of payment company Circle claims. In a series of tweets on Nov. 4, Jeremy Allaire disputed ...



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Chart School

Gold Gann and Cycle Review

Courtesy of Read the Ticker

Gold has performed well, golden skies are here again. In fact it has been a straight line move, and this is typically unusual and a pause can be expected.

It seems the markets are happy again, new highs in the SP500, US 10 year interest rates look to re bound, negative interest may soften. The US FED has reversed their QT and now doing $250BN (not QE) repo. The main point is the FED has stopped QT, and will do QE forever. The evidence now is the FED put is under market risk and the possibility of excessive losses do not exist. 

Point: If in future if there is market risk, the FED will print it's way out of it.
Subject To: In this blog view. The above is so until the amount required rocks confidence in the US dollar as a reserve currency.&n...



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Lee's Free Thinking

Today's Fed POMO TOMO FOMC Alphabet Soup Unspin

Courtesy of Lee Adler

But make no mistake, if the Fed wants money rates to stay down by another quarter, it will need to imagineer even more money.

That’s on top of the $281 billion it has already imagineered into existence since addressing its “one-off” repo market emergency on September 17. This came via  “Temporary” Repo Man Operations money, and $70.6 billion in Permanent Open Market Operations (POMO) money.

By my calculations that averages out to $7.4 billion per business day. That works out to a monthly pace of $155 billion or so.

If they keep this up, it will be more than enough to absorb every penny of new Treasury supply. That supply had caused the system to run out of money in mid September.  This flood of paper had been inundati...



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Biotech

The Big Pharma Takeover of Medical Cannabis

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

 

The Big Pharma Takeover of Medical Cannabis

Courtesy of  , Visual Capitalist

The Big Pharma Takeover of Medical Cannabis

As evidence of cannabis’ many benefits mounts, so does the interest from the global pharmaceutical industry, known as Big Pharma. The entrance of such behemoths will radically transform the cannabis industry—once heavily stigmatized, it is now a potentially game-changing source of growth for countless co...



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Mapping The Market

How IPOs Are Priced

Via Jean Luc 

Funny but probably true:

...

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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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Promotions

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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.

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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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