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Perfectly put... Chris Hedges. "Americans are living a fantasy" https://www.youtube.com/watch?v=W_KHr6_MrWE
...short version... https://www.youtube.com/watch?v=MI_19vfB6ks
longer better version...
“Hope has a cost. Hope is not comfortable or easy. Hope requires personal risk. It is not about the right attitude. Hope is not about peace of mind. Hope is action. Hope is doing something. The more futile, the more useless, the more irrelevant and incomprehensible an act of rebellion is, the vaster and more potent hope becomes.
Hope never makes sense. Hope is weak, unorganized and absurd. Hope, which is always nonviolent, exposes in its powerlessness, the lies, fraud and coercion employed by the state. Hope knows that an injustice visited on our neighbor is an injustice visited on all of us. Hope posits that people are drawn to the good by the good. This is the secret of hope's power. Hope demands for others what we demand for ourselves. Hope does not separate us from them. Hope sees in our enemy our own face.”
"Hope will come with the return of the language of class conflict and rebellion, language that has been purged from the lexicon of the liberal class. This does not mean we have to agree with Karl Marx, who advocated violence and whose worship of the state as a utopian mechanism led to another form of working class enslavement, but we have to learn again to speak in the vocabulary Marx employed. We have to grasp, as Marx and Adam Smith did, that corporations are not concerned with the common good."
“Those who make peaceful revolution impossible, make violent revolution inevitable.” President John F. Kennedy E Wave rules and guidelines http://stockcharts.com/public/1442871
"In theory, there is no difference between theory and practice. In practice, there is." Jan L. A. van de Snepscheut
03/24 February Existing Home Sales Down 3.7% From January, Up 5.4% Over Last Year... Single-family home sales are up 5.8% over last year, whereas condo sales are up just 1.7%...New Home Sales Beat Expectations, up 6.1% in February... The annualized rate reached 592,000. Home-builder concessions drove the median price down 3.9% last month to $296,200, putting the annual change in new home prices at negative 4.9%.
01/27/2017 “New home sales posted a steep decline in December… Purchases of newly built, single family homes, decreased 10.4% from November… the steepest one-month drop since March 2015. The drop ‘was a shocker,’ said David Berson, chief economist at Nationwide Insurance.” Laura Kusisto and Ben Luebsdorf. “New Home Sales Fell Sharply in December,” Wall Street Journal, January 27, 2017. “U.S. economic growth slowed more than expected in the fourth quarter as a plunge in shipments of soybeans weighed on exports…
Gross domestic product increased at a 1.9 percent annual rate, the Commerce Department said on Friday in its first estimate of fourth-quarter GDP. That was a sharp deceleration from the 3.5 percent growth pace logged in the third quarter. As a result, the economy grew only 1.6 percent in 2016, the weakest pace since 2011.” Reuters
-------------------------------------------------------------------------------------------------------------------------------------------------- It's not what happens to you, but how you react to it that matters. Epictetus
If one oversteps the bounds of moderation, the greatest pleasures cease to please.
People are not disturbed by things, but by the view they take of them. Epictetus (AD 50 – 135)
Epictetus (AD 50 – 135) was a Greek-speaking Stoic philosopher. He was born a slave at Hierapolis, Phrygia (present day Pamukkale, Turkey), and lived in Rome until his banishment, when he went to Nicopolis in northwestern Greece for the rest of his life. His teachings were written down and published by his pupil Arrian in his, Discourses and Enchiridion.
Epictetus taught that philosophy is a way of life and not just a theoretical discipline. To Epictetus, all external events are beyond our control; we should accept calmly and dispassionately whatever happens. However, individuals are responsible for their own actions, which they can examine and control through rigorous self-discipline.
Jan. 4,2017 from MarketWatch.com ....Financial stocks are responsible for much of the U.S. market’s recent move, and the rally in financials is rooted in hopes for government deregulation of the industry. Financial stocks represent about a third of the S&P and are up around 17% since the election. Take them out and there is no rally, Trump or otherwise.
(what?...I've never heard about this...?=)...interest rates aren’t behind most of the rally. Instead, the enthusiasm for financials is more about prospects for repeal of the Dodd-Frank bank reform bill, as well as the Obama administration fiduciary rule that requires financial advisers, brokers, and asset managers to put clients’ financial interests ahead of their own.
Those who can make you believe absurdities can make you commit atrocities. ...Voltaire 1694-1778
Propaganda Tools...information with a biase or misleading nature.
PSYOPS...the use of propaganda, threats, and other psychological techniques to mislead, intimidate, demoralize, or otherwise influence the thinking or behavior of an opponent.
George Orwell said in his famous book 1984 that, “first they steal the words, then they steal the meaning”, accurately foreseeing the political actions of world leaders and their manipulation of public opinion. In Orwell’s novel, the state dominates and dehumanizes its citizens through psychological manipulations that strip them of their ability to think, be objective, consider ideas. People, thus have no alternative but to accept as necessary, true, and good, whatever the state declares to be so. He called it DOUBLESPEAK or NEWSPEAK. "It is no measure of health to be well adjusted to a profoundly sick society." Krishnamerti Ball of Confusion
“Newspeak is a language devised to limit the range of thought by collapsing distinctions, undermining logic, and confining the vocabulary to a few easily pronounced and emotionally charged terms. A mind so limited cannot truly think at all; it can only respond as programmed. It will accept black as white, war as peace, hate as love; it will allow two plus two to equal five; it will adopt as ’‘goodthink” all ideas that support the state and dismiss all others as “oldthink” or “crimethink”; and it will let “doublethink” mask all contradiction. Reality itself thus becomes whatever those in authority decree - and history can be rewritten regularly to fit that reality.“ (csmonitor.com)
2016 Republican Platform
10/15 At Trump's election-night party last week, one of his prominent campaign aides, Omarosa Manigault, told the Independent Journal Review, "It's so great our enemies are making themselves clear so that when we get in to the White House, we know where we stand.... Mr. Trump has a long memory and we're keeping a list."
Demonizing Our Opponents.
One reason is the adverse effect demonizing our opponents has on the kind of public discourse democracy needs to succeed. Democratic societies require the free exchange of ideas among a populace willing and able to make informed judgments about them. But if we fail to engage in the rational examination of ideas and seek instead to work our will through vilification and personal attack, the democratic process is subverted.
We become less able to see the strengths and genuine weaknesses of alternative viewpoints. Public discourse becomes more focused on the acquisition of power and less on the pursuit of truth, more enamored of sensationalism and less attentive to the deeper issues of our times, more interested in personalities and less in the plausibility of the policies these persons advocate. Emotionalism usurps reason; can't and prejudice prosper — and democracy suffers a dearth of meaningful social dialogue.
There are also more directly moral reasons for concern. To demonize someone goes beyond saying he is mistaken or misguided. It is, as a rule, to denounce his character and to do so in moral terms. The moral status of one's character, however, is closely tied to the moral status of one's intentions. Thus, it is a conceptual confusion to say that a person's character is evil even though their intentions are good.
So What Happened...?...election 2016
Nazi propagandist Josef Goebbels said: “If you tell a lie big enough and keep repeating it, people will eventually come to believe it. The lie can be maintained only for such time as the State can shield the people from the political, economic and/or military consequences of the lie. It thus becomes vitally important for the State to use all of its powers to repress dissent, for the truth is the mortal enemy of the lie, and thus by extension, the truth is the greatest enemy of the State.”
And what does Herr Goebbels’ statement have to do with the future of the US? And why will everyone lose, no matter who wins the election?
We’ll continue to get more of what we have now: war, inflated military and intelligence service budgets, and renewed focus on irrelevant and immaterial things. Clinton’s hostility towards Russia, Syria, and Iran, plus her blind support for and deference to Israel does not bode well for America’s future. Trump’s lack of intellectual vigor, his tendency toward erratic behavior, and vow to smash ISIL mean no real change for the better. Worse, the bureaucracy, which supports the status quo, will likely operate from the shadows as the de facto government of the United States.
Steve Ballmer's project, called USAFacts Maybe there is a better way...another way.
The best way to rob a bank is to own one." William Black
End the Fed! Who owns the Fed!
Thomas Jefferson on banking
" Bold and bankrupt adventurers pretending to have money"
"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered.... I believe that banking institutions are more dangerous to our liberties than standing armies.... The issuing power should be taken from the banks and restored to the people, to whom it properly belongs."
The Market is a giant feedback loop, showing traders (and anyone who views the market) a thermometer reading of the social mood under which traders, and by extension society, are operating.
Most traders seem to think of the market is something that has some external value outside of the price attributed to it by traders. I prefer to think of it as a real-time gauge of a society’s view of their own productive capacity…or more simply put–social mood.
When Markets are understood, the idea that everyone can make money is not only inaccurate but impossible and laughable. Everyone making money means there is no market, because who would be willing to taking the other side of the trade?
In addition, most traders feel they can move with the crowd to make a (paper) profit, and then get out before the crowd, turning that trade into a real profit. In theory this is sound, but remember everyone else is setting out to do the same thing. It is this crowd movement which allows traders to make money at times. Without a large portion of traders coming to the same decision markets simply would not move. It takes conviction by many traders to create a trend, then it takes euphoric acceptance that “this is the new norm” to end it and “bend it. ” It then takes mass disillusionment to crash it the other way. (vantagepointtrading.com) Regression to the Mean is the most powerful law in financial physics Mean reversions out of extremes are the most powerful and profitable forces in all the financial markets. Riding one has enormous benefits for your wealth. Financial-market prices and sentiment are like a giant pendulum. The farther they are pulled to one extreme by excessive greed or fear, the farther they necessarily swing to the opposite extreme in the subsequent mean reversion. Like pendulums, these reversions don’t magically stop right in the middle at normal again. Their kinetic momentum carries them through to the opposite ends of their arcs. But overshoot extremes don’t last for long, as the universal greed necessary to fuel them quickly burns itself out. Markets are not about beliefs, but about sentiment. And, if you can track sentiment, If you can measure sentiment... then you are in a position to make your investment account grow without the need for excuses. (...this really is all you need to know about the Markets; ...
Math aptitude will help you become a dealer, make Markets if you dare, excute customer orders, but you won't be able to make $$$ by speculating in the Markets. You can't, you're not smart enough. The Markets aren't predictable enough. 90% of all trading is "technical analysis" which you are too lazy to learn. The other 10% of Market movement comes from rogue waves of economic data shocks, which surprise and wash everyone overboard, destroying the latest chart pattern you were following. Its never been truer: How do you make a small fortune trading the Markets? Start with a large fortune and you might have a chance. You don't want to do this for a living. Get out while you can. ...Chris Rupkey http://investorshub.advfn.com/boards/read_msg.aspx?message_id=80559436 NOISE...RANDOM...CHAOS...ORDER...STRUCTURE http://investorshub.advfn.com/boards/read_msg.aspx?message_id=115344915 Buy low Sell high..."relative" to what?
Some RULES for this I-Hub Board............READ THIS...or ... or...
This board will be used for analysis of charts ranging in different time periods to determine signals for trading of various instruments=individual stocks, etf's and options. Please direct your comments towards technical indicators that everyone can see on a price chart: we are talking about signals and technical indicators here, not opinions or predictions or forecasts of when the next grand slam will be... share technical signals and charts with the group and if you have an active position...... Rather than being opinionated and letting your subjective bias determine which side of the market to be on, try to maintain objectivity based on technical analysis. Who is going to pay this out-of-control debt that the out-of-control government leaders of the world and USA are racking up for the younger generation by their out-of-control spending spree? Who cares? Apparently, hardly anyone cares today, because the subject does not attract votes. People want to only hear about what they are going to get, not what they are going to have to pay or sacrifice in order to get it. Raymond Merriman
One of the key items to remember as investors/traders is that the market doesn't always reflect reality. Oftentimes it reflects belief. And belief can prove to be a delusion.
"A belief held without objective examples that everyone can see is a delusion."
“Opinion is that exercise of the human will which 'lets' us make a decision without objective information and objective examples.” And is obviously ....not the best choice that promotes a healthy process.
“Discussion is an exchange of knowledge; an argument an exchange of ignorance.”
Understand the above and you will understand the phrase..."Self will run riot" and you can expect the results of this riot will be destructive for yourself first and then for others.
Dysfunctional attitudes and behaviors = "self will run riot" it is not a process that builds "character". It is not common decency, nor any form of kindness...it can only be destructive.
It is no disgrace to be wrong... disgrace happens when you choose to stay wrong...
Building character is a project you never complete.
We form our character in defining moments because we commit to irreversible courses of action that shape our personal and professional identities. We reveal something new about us to ourselves and others because defining moments uncover something that had been hidden or crystallize something that had been only partially known. And we test ourselves because we discover whether we will live up to our personal ideals or only pay them lip service.
If you feel you must GAMBLE and encourage gambling from the 5 minute or lower time frames you will be asked to take your message to the "gamblers board"...If you feel you "must offer an opinion or off topic comment; please do it after trading hours. Charts and signals at signal lines is what we want...and If you feel you do not need to answer questions on this board ...then why are you here.
I-Hub's rules state: It is the burden of each poster to ensure that their posts do not contain content that qualifies them for removal. It doesn't matter if your post contains the cure to the common cold or the best stock tip since (fill in your favorite ticker here), if it contains other content that is a violation of the site's rules of conduct, then it qualifies for removal. ...
Thank You... Kiy...ki...theMatrix You are only as good as your next trade...Kiy
This release may contain "forward-looking statements" that are within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are identified by certain words or phrases such as "may", "will", "aim", "will likely result", "believe", "expect", "will continue", "anticipate", "estimate", "intend", "plan", "contemplate", "seek to", "future", "objective", "goal", "project", "should", "will pursue" and similar expressions or variations of such expressions. ...
http://new.mmacycles.com/ ...astrology ASTRO-OLOGY
02/20...we bring to your attention the importance of geocosmic signatures coming up in 2017 through 2020 to the Federal Reserve Board chart, and again involving Donald Trump, along with Fed Chair Janet Yellen. The most outstanding geocosmic development will begin with the Winter Solstice of December 21, 2017. This is when not only the Sun will enter Capricorn, but Saturn too, a combination that hasn’t happened since December 21, 1870 (thanks to colleague Daniel Gordon for that research). Given that the Federal Reserve Board Act was passed on December 23, 1913, with the Sun at 1° Capricorn and in opposition to Pluto at 0° Cancer, and given that Saturn will conjunct the FRB Sun and oppose the FRB Pluto, and furthermore given that Saturn rules “accountability” (as in “an audit”), and will remain in Capricorn into 2020, it is not far-fetched to think that the new administration will soon engage the Fed in some sort of power play. In fact, as of late 2016, it has already begun. That is when Saturn began transiting 13° Sagittarius through 27° Capricorn, where it forms a hard aspect to eight of the 10 planets in the Fed’s chart, plus a cross over its Descendant. That will be a lot of Saturn for the Fed to cope with. It will be a lot of Trump for the Fed to cope with, for his chart and Chairwoman Yellen’s chart are like oil on fire. Even the President feels the cosmic energy, rising like molten lava in a volcano about to erupt for the first time in centuries. This will be no ordinary two months, starting with the Mars/Pluto square of February 22, and ending with the Venus/Saturn square of April 5-21. when both also change directions (Saturn turns retrograde on the Galactic Center of 27° Sagittarius, April 5, while Venus turns direct on April 15 at 27° Pisces). They are in exact square to one another on April 8 and 21. I am not sure when this combination of Venus square Saturn, as both were changing directions, last happened. However, I am certain this is an extremely rare occurrence.
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- “We have been tempted to believe that society has become too complex to be managed by self-rule, that government by an elite group is superior to government for, by, and of the people… No better symptom exists of the compact breaking apart than the European Central Bank, the U.S. Federal Reserve and the Bank of Japan. They epitomize the exhaustion of elite administrative intelligence. For seven years they failed at restoring even average economic strength, disappearing now into a black hole called negative interest rates.” – Daniel Henninger, “Government Hits the Wall,” Wall Street Journal, June 30, 2016. Economic Collapse - Brexit - Euro collapse - America 2016 - Financial Crisis - Noam Chomsky and Yanis Varousfakis ...Yanis Varoufakis is a Greek economist, academic and politician, who served as the Greek Minister of Finance from January to July 2015, when he resigned. Black Swan
"First it is an outlier, as it lies outside the realm of regular expectations, because nothing in the past can convincingly point to its possibility. Second, it carries an extreme impact. Third, in spite of its outlier status, human nature makes us concoct explanations for its occurrence after the fact, making it explainable and predictable." Mohamed A. El-Erian on BREXIT Brexit has accelerated what I have characterized in my recent book as the journey to the neck of a T junction – that is to say, the exhaustion of the current road that the global economy is on, and the possibility of two contrasting transitions. In the event that governments finally step up to the economic policymaking responsibilities and stop relying excessively on central banks, the recent period of low growth and artificial financial stability would evolve into high growth and genuine financial stability. The improvements would be turbo charged by the productive engagement of cash that currently resides on the balance sheets of companies, as well as technical innovations. But if politicians continue to disappoint, low growth would turn into periodic recessions, and artificial financial stability would give way to disruptive instability. The inequality trifecta – that of income, wealth and opportunity – would worsen. Already-alarming youth unemployment would get even more deeply embedded in the structure of the economy. Political tensions would increase, as would the trust deficit in business and political elites, as well as expert opinion. What is key to stress is that there is nothing pre-destined, at least as yet, when it comes to the road out of the T junction. It depends in large part on the political decisions that will be made in the comings months and quarters. If you were forced to opt for just one outcome for Europe what would that be? Having suffered short-term disruptions, both the EU and the UK would have regained their economic and financial footing in three years. The UK would have an association agreement with the EU that allows for the smooth trade in goods and services, and that lowers the risk of tariff wars. The EU would be a somewhat smaller but much more coherent, confident and operational unit. And your biggest fear in the short-term? It would be that de-stabilizing combination of policy mistakes and financial accidents. I'm from Goldman Sachs, and I’m here to help May 3, 2016
Will the Bank of China devalue the yuan? Will the Bank of Japan aggressively target deflation? What will ECB president Mario Draghi do when he fails to hit his 2% inflation target?
Will Austria vote for an anti-immigration president? Will Italy’s prime minister Matteo Renzi get the constitutional reforms for Italy that he seeks? If not, will he resign as promised? What about the rise of euroskeptics in France and Italy?
Low interest rates can be a great tool to get an economy in slow-down mode going again, but there always is an unwanted side effect. If credit becomes too cheap and available for just anyone, there’s bound to be ‘abuse’ in the system, as households (and companies) can spend the borrowed cash on anything they want.
We have already warned you before about the share buybacks on the financial markets, as the increasing profits (per share) are mainly inflated by lower interest expenses and a lower amount of outstanding shares, rather than really seeing a substantial improvement of the business and sector those companies are operating in.
“Many governments, including ours (USA), overtax their citizens to feed their own insatiable need for money. Then the legal thieves running the government and their cronies, unwilling to abide the tax levels they created, move their wealth off shore to places like Panama.” - Daniel Henninger, “Panama Bernie,” Wall Street Journal, April 6, 2016.
“To wit, the story here (about leaks of the Panama Papers) isn’t about tax evaders and offshore accounts, deplorable as they may be. It’s about public polices and incentives that make a career in politics an expedient route to personal enrichment.” Bret Stephens, “ ‘C’ is for Corruption,” Wall Street Journal, April 5, 2016.
“The Competitive Enterprise Institute finds that, last year 2015, Congress passed a mere 114 laws and federal agencies issued a whopping 3410 regulations… A Kauffman Foundation study cites a proliferation of ‘incumbent protection’ rules as a reason for a decline in small business entrepreneurship. A Brookings Institution study shows an unheralded change in American life, business closures exceeded business starts during much of President Obama’s tenure.”
... ...the battle is on 3 fronts = Currency wars are not over... the oil wars are not over....and import/export trade wars are happening...
Tarriffs/Trade Wars. MAY 27, 2016 U.S. levies duties on corrosion-resistant steel from five countries Reuters
Trade fight: China calls new U.S. steel import duties unfair USA TODAY
U.S. panel launches trade secret theft probe into China steel Reuters
U.S. ITC votes to continue probe of imports of certain carbon, steel plates Reuters
China accuses U.S. of 'unfair methods' in steel dumping probe Reuters
The U.S. Department of Commerce ("DOC") has made its final decision on anti-dumping investigations on imports of corrosion-resistant steel and concluded that China, India, Italy, South Korea and Taiwan are selling these products in the U.S. market below their fair values and therefore, are subject to anti-dumping duties. The ruling marks yet another major step in stemming the torrent of unfairly-traded foreign imports. 03/02/2016 Department of Commerce imposed tariffs of up to 266% on cold-rolled steel imports. The U.S. government announced preliminary anti-dumping duties of 266% for China, 71% for Japan, 39% for Brazil, between 6% and 31% for the U.K., between 13% and 17% for Russia, 7% for India and between 2% and 7% for South Korea.
Negative Interest Rates
Color Codes Colors are based on the CCI 20 (Commodity Channel Index signal lines) ... if "letters" are colored =Green =UP...Red=down...lighter colors = less confident in direction...if leters/stock symbols are Boxed=Green =oversold..Red=overbought...§=Reverse of a Signal line(focus is the CCI centerline)... ¥= first stock to turn UP/Down after the Group/Sector has been oversold.
Earnings Observations and Valuations JAN. 06,2017 http://seekingalpha.com/article/4034920-s-and-p-500-weekly-update-outlook-2017-change-air-brings-new-highs-equity-markets
We all know by now that earnings rule the day and on that score with valuations stretched, the earnings picture has to keep improving if the markets are to continue higher. Analysts' expectations for growth in earnings and revenues will have to come to fruition to keep the long term trend in tact.
Valuations will remain a headwind for stocks as many analysts look to them as being unattractive. Additionally, while TINA (There Is No Alternative) has helped to justify higher valuations in the past, moves in fixed income markets towards the end of 2016 should remind investors that as rates rise, TINA looks less attractive. Despite the unattractive valuations that many complain about, though, there are two things to point out.
First, after more than a year of declines, earnings have troughed and that should help valuations going forward. Second, despite the overhang of rising rates we could still be in an environment where the fed funds rate is 1% or slightly higher at the end of this year. That is not a scenario that would entice me to load up on fixed income assets. The valuations in the table below should come as no surprise now. We are in a mature bull market, the days of seeing stocks and sectors well under their historical norms has passed.
Individual Stocks and Sectors JAN. 2017 http://seekingalpha.com/article/4034920-s-and-p-500-weekly-update-outlook-2017-change-air-brings-new-highs-equity-markets
Last year it was "take what the market gives you". I won't be abandoning or changing that strategy. Energy and Financials were good opportunities that presented themselves to investors in 2016. I will offer an opinion on what I believe works in 2017. First will be what I feel are the continuing momentum plays, then the undervalued, unloved, and left behind companies that are prime situations to rebound this year.
Emerging leadership is coming from the Materials (NYSEARCA:XLB), Energy (NYSEARCA:XLE), and the Financials (NYSEARCA:XLF). As momentum plays, I continue to favor these sectors on dips. Rio Tinto (NYSE:RIO) and Teck Resources (NYSE:TECK) are favorites of mine in the Materials space. Both have come off of their highs, can consolidate and move higher in 2017.
E&P energy companies were standouts in the back half of last year and any name on this list is worthy of a look on any pullback. Those stocks will cool down some and could trade sideways for a while, but I do not believe the upward trend is over given my outlook for WTI. Look for Marathon Oil (NYSE:MRO) and Oasis Petroleum (NYSE:OAS) to be leaders of the pack this year.
Banks moved higher once the election results were announced. The siege from D.C is perceived to be over. They now will serve up a trifecta for investors. Balance sheets, valuation and now the prospect for growth. They have moved and moved swiftly. The uptrend isn't over and investors need to be nimble in adding the largest money center banks on any pullbacks. One that hasn't exploded is a name to now consider. Bank Of New York Mellon (NYSE:BK). It currently sells at a discount to its peers.
ETF CandleGlance XLE,XLB, XLI,XLY,XLP,XPH,XLF,XLK,IYZ,XHB,XLRE,XRT
03/21... 9/12 SPX 2344 Oversold
03/24... 7/12 SPX 2343 Oversold
http://www.sectorspdr.com/sectorspdr/tools/sector-tracker ... http://www.barchart.com/etf/vleaders.php
Rising bond yields are good for financials like banks and insurers, but are bad for bond proxies like utilities (and REITs).
03/15... The Fed hiked rates today as expected, with expectations for two more hikes this year. Judging from immediate market reactions, the Fed announcement is being viewed as somewhat dovish. For one thing, bond yields are dropping. Chart 1 shows the 10-Year Treasury Yield falling sharply. With yields falling, bond prices are having a strong day. Junk bonds, which have been correcting lately, are especially strong. That's also positive for stocks. Rate sensitive stock groups like utilities and REITs are leading a strong market response. Falling yields, however, are weighing on bank stocks. The dollar is also dropping.
XLF CandleGlance BRK.B,*JPM,WFC, ***BAC (T/$24-26h),C,SPG,USB,CB,*AIG,*GS,
KRE CandleGlance KEY,FITB,RF,HBAN,PNC,CFG,MTB,STI,BBT,ZION
FAZ ...financial Bear 3x...
OIL http://stockcharts.com/freecharts/candleglance.html?SILJ,AG,EXK,CDE,GPL,axu,AUMN,MAG.TO,PAA.TO,FVI.TO,MND.TO,SSO.TO|B|H10,3|0 Junior
03/24 U.S. Crude Oil Inventory Up by 5 Million Barrels Last Week... This pushed the total to 533 million barrels.
What it means – Another week, another record amount of oil in storage. The inventory of gasoline and distillates fell slightly, but no one cared. The steady increase in oil points out that there's a lot of the black gold sloshing around the world, even though OPEC and its co-conspirators have purportedly held down production for almost five months.
With the price of oil back under $50 as U.S. frackers come back on line, OPEC has a decision to make. Does the group try to extend its production cuts beyond the May expiration, or does it just throw in the towel and call it a day? Chances are, they'll take the middle path. They will extend the production cuts, but in name only. The members will cheat, each wanting to pad its pockets before the price of oil drops lower.
XLE CandleGlance XOM,CVX,SLB,PXD,EOG,OXY,COP,HAL,PSX,KMI,... APA Apache (T/$97) ....(ERY bear)
§*XOP...CandleGlance ...MRO,CLR,NFX,MUR,RICE,MPC,XOM,EGN,HES,XEC ...APA Apache (T/$97)
***XES...CandleGlance equip/services...RIG (T/$16), ^ATW (T/$15),HP,*SLCA,HAL,PTEN,SLB,DO(T/$19),SPN (T/$20-27),BHI ...HCLP
OIH oil services ...IES... MVIS... SUN...
¥***BOIL ...Nat. Gas ...
XLI CandleGlance..... GE,MMM,BA,HON,UNP,UTX,UPS,LMT,CAT,GD ...DHR, *FTV, CETX
¥XLY Discretionary...AMZN,CMCSA,HD,DIS,MCD,SBUX,PCLN,NKE,LOW,TWX, ...TWC
XLP Consumer Staples PG,KO,PM,CVS,MO,WMT,PEP,WBA,COST,CL
XRT Retail CandleGlance OUTR,A,ZN,MIK,PLCE,ODP,GPI,ULTA,PSMT.CAB,GME
XLK CandleGlance AAPL,MSFT,FB,T,GOOGL,GOOG,VZ,V,INTC,CSCO
TDIV ...Technology Dividend Fund
§ROBO CandleGlance ...Global Robotics&Automation...KYCCF,CYBQF,YASKF,CGNX,ISRG,OMRNF,FARO,DAIUF,NCTKF
§HACK Cyber Security... IMPV,BLOX,PANW,QLYS,JNPR,SAIC,FTNT,CSCO,SYMC,CHKP.........***CYBR(T/$55-60),FEYE,TMICF,PFPT,AVG...
§SMH CandleGlance Semiconductor ...§2AMD,MVDA,CY,IDTI,IPHI,MPWR,MU,MXIM,TXN,LLTC ...INTC
§SKYY CandleGlance Cloud Computing ...AKAM,ORCL,EQIX,NTAP,AMZN,CSCO,OTEX.TO,EMC,JNPR,FB
§IYZ Telecom... T,VZ,TMUS,CLT,SBAC,LVLT,S,FTR,SHEN ....TDS....(WIN
PXQ Networking... QCOM,APH,AAPL,CHKP,CSCO,VMW,CA,CTXS,FNSR,BLOX ...GIMA,LOGM,... SSNI (T/$11)Smart Grid
GEX Global Alt Energy ...VWSYF,ETN,TSLA,FSLR,CLPXF,ENS,NDRBF,KTWIF,CREE
ICLN Global Clean Energy...CLPXF,OEZVF,CVA,CHFFF,VWSYF,
PHO Water Resources...DHR,ROP,WAT,ECL,TTC,WTR,PNP,AWK,AOS
CGW Global Water Index... BGERF,AWK,DHR,PNP,XYL,IEX....... (CDZI...Water Utility)
Xylem Inc (NYSE:XYL) is a major provider of water industry engineering solutions. The company has a large presence in China as well. Increasing urbanization, coupled with a massive population, could be a recipe for water supply disaster in China.
Pentair plc. Ordinary Share (NYSE:PNR) specializes in all things water. The company provides products and services in water purification and filtration. Additionally, PNR provides irrigation management, desalination and aquaculture systems services.
According to Pictet Asset Management analyst Arnaud Bisschop, water filtration is key. PNR’s consumer-targeted water filtration products may soon be the best option for people living in regions lacking clean water.
§XHB Home Builders RH,FBHS,WHR,LOW,MAS,HD,MHK,DHI,TPX,OC
XLRE Real Estate CandleGlance SPG,AMT,PSA,CCI,WY,EQR,PLD,AVB,EQIX,HCN
¥XLV Healthcare ....JNJ,PFE,MRK,UNH,BMY,MDT,AMGN,GILD,ABBV,AGN ....$BPHEAL
XPH... CandleGlance Pharmaceuticals...LLY,JNJ,MNK,MRK,BMY,ZTS,PFE,MYL,AGN,ENDP... PPH Pharmaceutical
XHS... CandleGlance Healthcare Services MD,DGX,CNC,DPLO,WOOF,ABC,CHE,WCG,SCAI,DVA
XHE...CandleGlance Healthcare Equipment HTWR,DXCM,ABMD,RMD,COO,ICUI,SYK,IDXX,BCR,IART
XBI...CandleGlance Biotech...TSRO,IONS,ABBV,ALKS,MDVN,IMCY,GILD,AMGN,BIIB,XON ...(IBB...bib...
§IHI Medical devices
IHF Healthcare Providers
XTN...CandleGlance Transportation... LSTR,HRI,UPS,ALGT,CHRW,KSU,UHAL,MIC,NSC,ODFL ...IYT
SEA CandleGlance Shipping TNK,EURN,TGP,NMM,SSW,SFL,TK,TNP,
XAR... CandleGlance Aerospace and Defense ...LMT,HII,NOC,TGD,UTX,LLL,HON,RTN,BA,GD
XLU...CandleGlance Utilities ..NEE,DUK,SO,D,AEP,EXC,PCG,SRE,PPL,EIX ...NRG...
URA Uranium ...DUK,SO,*D,*PCG,EXC,PEG,XEL,AEE,MHVYF,KEP §LIT CandleGlance ...FMC,SQM,OROCF,ALB,GALXF,SGPEF,JCI,BYDDF,TSLA
XLB... Materials ...DD,DOW,MON,PX,ECL,PPG,SHW,APD,NEM,LYB XME... CandleGlance ...CDE,CNX,SWC,HL,CLF,RGLD,NEM,FCX,WOR,SCHN
§SLX... CandleGlance ...RIO,VALE,TS,NUE,PKY,MT,SID,WOR,VEDL,GGB JJU Aluminum CandleGlance ...AA,ACH,CENX,KALU
§COPX Global Copper ...TCK,HBM,FQVLF,TRQ,IPMLF,CSFFF,FCX,OZMLF,VDNRF
16 Oversold... 14 UP... 4 Overbought ... 6 Down... last update 03/22
13 Oversold... 12 UP... 1 Overbought ... 13 Down... last update 03/22
10 Oversold... 5 UP... 5 Overbought ... 18 Down... last update 03/21
4 Oversold... 17 UP... 12 Overbought ... 5 Down... last update 03/20
2 Oversold... 20 UP... 11 Overbought ... 6 Down... last update 03/17
1 Oversold... 22 UP... 8 Overbought ... 7 Down... last update 03/16
3 Oversold... 22 UP... 10 Overbought ... 4 Down... last update 03/15
17 Oversold... 8 UP... 2 Overbought ... 11 Down... last update 03/14
10 Oversold... 10 UP... 4 Overbought ... 13 Down... last update 03/10
17 Oversold... 1 UP... 0 Overbought ... 21 Down... last update 03/09
12 Oversold... 2 UP... 0 Overbought ... 25 Down... last update 03/08
9 Oversold... 2 UP... 0 Overbought ... 28 Down... last update 03/07
6 Oversold... 3 UP... 0 Overbought ... 29 Down... last update 03/06...
6 Oversold... 3 UP... 6 Overbought ... 24 Down... last update 03/03...30/9
4 Oversold... 4 UP... 10 Overbought ... 20 Down... last update 03/02
1 Oversold... 9 UP... 22 Overbought ... 8 Down... last update 03/01
7 Oversold... 3 UP... 10 Overbought ... 17 Down... last update 02/28
7 Oversold... 3 UP... 14 Overbought ... 15 Down... last update 02/27
7 Oversold... 2 UP... 9 Overbought ... 21 Down... last update 02/24
4 Oversold... 3 UP... 15 Overbought ... 17 Down... last update 02/23
4 Oversold... 3 UP... 24 Overbought ... 8 Down... last update 02/22
¥SIL Silver Miners AG,CDE,EXK,FSM,GPL,HL,MGN,MVG,PAAS,SLW,SSRI
GDX Gold Miners ABX,NEM,GG,FNV.TO,AEM,NCMGF.AX,KGC,GOLD,SLW,AU
GDXJ...Junior Gold Mines BTG.TO,AGI,AG,PAAS,CELTF.L,HL,NG.TO,OKSKF.TO,IAG,TORXF.TO //
www.mcoscillator.com https://www.tipranks.com/stocks/fcx http://www.shadowstats.com/ https://www.marketbeat.com/ UGA...Gasoline Fund ...KOL... Coal VEGI Global Agriculture ...PAGG Global Agriculture ...JJA Agriculture Subindex... GRU Grains ... WEAT... Wheat ...*CORN
§JO coffee... SGG sugar PRIVX ... Silicon Valley venture capital,late stage,pre-IPO companies... ...Screening Criteria: Price > $5; Est 1 Yr EPS Growth > 25%; Est 5 Yr EPS Growth > 25%; Avg Analyst Rec > Buy *** http://x-fin.com/ ... intrinsic value of a stock index on a stand-alone basis should not be used for investment decisions: what is important is relative valuation of one index versus the other, as it allows identification of over- or undervalued sectors and national markets. We've just introduced an entirely new metric for identification of market overbought and oversold conditions - the stock market validation index. It is a unique measure of the market, as it is based on intrinsic value of stocks and has nothing to do with technical analysis. Even though we are confident of the capacity of the validation index to predict stock market movements also over the short-term horizon, we do not have yet enough statistical data to prove it. So, we would recommend to use its indications with caution.
***http://www.tradingeconomics.com/japan/stock-market http://technical-analysis.forexlive.com/ http://www.thelion.com/
... ( http://www.thelion.com/bin/forum.cgi?cmd=most_searched
) http://www.chinadaily.com.cn/bizchina/index.html http://www.highshortinterest.com/ http://www.miningmx.com/ http://biohealthinvestor.com/ http://www.biomedreports.com/ http://www.biospace.com/ https://www.clinicaltrials.gov/ Leveraged S&P ETFs: Beware Of Volatility http://www.barchart.com/cheatsheet.php?sym=USO http://www.thechairmansblog.com/
MONEY...!!!...first the National Anthem by Pink Floyd ...
https://a-valtsev.whotrades.com/ ...about option trading... TimeFrames 10 min
Maybe its as simple as you'd like to make it...simple game of Chess.
I've Seen All Good People
Red Queen Killer Queen
TimeFrame Charts ...I'm tracking the intraday charts below about every hour...so if the date below 'Swing Trading" has today's date; I'm tracking the turns and what chart you should be focused on.
Color Codes Colors are based on the CCI 20 (Commodity Channel Index signal lines) ... if "letters" are colored =Green =UP...Red=down...lighter colors = less confident in direction...if leters/stock symbols are Boxed=Green =oversold..Red=overbought...§=Reverse of a Signal line(focus is the CCI centerline)... ¥= first stock to turn UP/Down after the Group/Sector has been oversold.
March 24... Swing Traders...Focus on CCI Commodity Channel Index 10...15...30...60 minute charts... then daily Bias and weekly= TimeFrames.
6O minute CCI Bias is UP ...60 minute chart can act as a proxy for the daily chart...best trades are when both 60 minute and daily bias are working together.
Daily CCI 20 Bias is DOWN .....always trade in the direction of the daily bias... any index or ETF... this should be carved in stone...
Weekly chart CCI 10 Bias is DOWN (03/8) ...It is always nice when both the Weekly and Daily bias are working together=pointing in the same direction...but, remember the daily chart is the driver.
CCI -104....when 10 MINUTE CCI 20 crosses CCI centerline on this 10 minute chart= you step UP to the signals on the 15 minute chart... 10AM CCI 44 ...2351.92
11AM CCI 114
12PM CCI 71
1PM CCI -91 ...2352.66 2PM CCI -158
..2351.98 3PM CCI -204
4PM CCI -25
...this is idiot "doublespeak" and this jackass ran the biggest banking Crook outfit in the world... ...
- Alan Greenspan, former Federal Reserve Board Chair...
eazy money at very low interest has companies buying back shares.............. ...................................
... part 2...
... say what
...soon the BEARS will get to party...
It holds true that Humans aren't complicated they just complicate every thing...it also holds true that Humans seem to have to go to the extremes with everything before concensus asks to draw it in a bit to the middle road = seek some "balance" here people (... like reverting to the mean...)...to an outside observer humans really do appear to be a bunch of YoYos...(Concensus in government seems to have come to a standstill...gridlock and laws come in packages of thousands of pages...perpetuates the insanity of the people in power ...and they think they're "Normal"...this isn't normal...why aren't there more humanitarians in congress...more mothers in congress...can't just have a bunch of people with law degrees that says they can argue any point about anything to absurdity...just look at who's running for president...more of the same or outright insanity...that's some great choices for a great country isn't it...so don't forget to vote... In philosophy, "the Absurd" refers to the conflict between (1) the human tendency to seek inherent value and meaning in life and (2) the human inability to find any. In this context absurd does not mean "logically impossible", but rather "humanly impossible".
...IF we are going to find answers...the desire for TRUTH must be present...
IT’S NOT THAT IT CAN’T BE DONE. IT IS JUST HARD TO GET EVERYONE GOING IN THE SAME DIRECTION WHEN SO MANY ARE OPERATING WITH A DIFFERENT UNDERSTANDING OF WHAT WAS AGREED TO AND WHAT THEY ARE SUPPOSED TO BE DOING. CLARITY OF PURPOSE AND ROLE IS IN SHORT SUPPLY.
"They must find it difficult ...Those who have taken authority as the truth, rather than truth as the authority." - Gerald Massey
... the fact is that quite frequently we behave as if controlled by little green men from outer space. We are the only species on the planet that is always at odds with each other, with practically all other species, and with the planet itself. We are the only species with wars, jails, ghettos and mental institutions, where we act and live worse than animals would anywhere. What have we done to ourselves as a species? What is the force that binds us to selfish deeds?
EGO is the original sin...
“It is selfish desire and anger, arising from the passions; these are the appetites and evils that threatens a person in this life.” ...the outbursts of our ego: anger, envy and hate.
Don Miguel Ruiz, in his work, The Four Agreements Companion Book, also talks about inorganic beings who feed on our fear and divisiveness, explaining it as mythology and allegory: Our own demons (fear, envy . . .) that can turn into allies (love, kindness . . .) depending on our energy and attitude. Don Miguel says that the Judge in us (ego), the Victim in us (also ego) grows to the point of becoming a Parasite that destroys our awareness and enslaves us. He explains that our Belief System (collective ego) reinforces the delusive program of our individual egos and magnifies the challenge.
In Castaneda’s words: The protective guardian (ego) becomes a jealous, despotic guard who robs our energy to feed itself, while obliterating our connection to the Spirit.
Ramana Maharshi says, when the I thought sprouts at an early age. Whereupon the ego assumes separation and limitations, and we start creating our troubles. It seems that Satan, the Beast, Mara, the Flyer and the Ego are one and the same.
For the fact is that as a species, we live in a state of constant selfish preoccupation, which is causing great harm not only to ourselves but to all sentient beings. And it behooves us to control our pernicious ego, and discipline our minds, so that we can evolve into human beings with inner sight. ... although awakening is in the present moment, there is an effort to be made, for there is a habit to break: our internal dialogue. And we do need, as the Buddha teaches, the right effort. Presence is acquired with the right effort, for the ego will try to assert itself repeatedly; it will try until we see the necessity of a still mind with our very core. Having a disciplined mind is the only way to control our ego-induced self-reflection, the darkness of selfishness. A disciplined mind is the key to happiness. “Let thine eye be single . . .”
The act of following our breath will immediately place us in the present moment, away from the morass of mental imagery. Basui and Ramana Maharshi also recommend the method of self-inquiry to arrive at inner silence.
“Who am I?” We must ask the question repeatedly, with the intention of bypassing the ego to find out who we really are. Who is reading this? Who wants to know?
* * *
At times, when I am about to succeed at stilling my mind, a different dialogue pops up. This time the dialogue is about explaining to somebody what I am doing and how, so that they can do it also. This dissertation seems worthy but it’s also useless; there is no one there for me to explain anything. No matter how worthy the dissertation seems, it is empty talk; I am talking to myself, and probably the situation will never happen.
And even if it did, it is not happening at the moment. It’s the ego again, the monster with three thousand heads. Zen Buddhist monks say that even thinking about the Buddha is a waste of time. Our sages do not want us to think about them or worship them; they want us to be like them, present. The right thought is the thought reflecting what is occurring right now.
Another thing worth considering is that upon gaining ground, a stream of negative thoughts can erupt in your mind. As if someone, who knows your weaknesses, is feeling threatened by your progress and trying to stall you. Sometimes the thoughts are incongruous or grotesque, and seem to pop out of nowhere; they are completely unrelated to the present moment. These intruding states of mind should help you realize that the ego is not only a foreign installation, but a foreign installation, who, although our own creation, has a will and an energy of its own. And it tries to reassert itself. The challenge is clearly cut out for us. The ego has to be taken for what it is, a mere point of reference in a dream. Our senses feed us incomplete and therefore misleading information.
Life is full of paradoxes, isn’t it? The ego doesn’t really exist, it’s just a thought. But we need it to be able to operate in a world that is itself a thought, an interpretation of energy, a dream. The Toltecs call themselves warriors because the conquest of the self is the greatest of all conquests; it requires a sustained effort; it requires unbending intent.
The following quotes go to the gist of the matter. The first one illustrates the challenge that we face; the second shows the way to meet that challenge:
“Lack of vigilance is like a thief, who slinks behind when mindfulness abates. And all the merit we have gathered in, he steals, and down we go to lower realms.”
—Shantideva in The Way of the Bodhisattva
“The more I doubted, the more I meditated, the more I practiced. Whenever doubt arose I practiced right at that point.
Wisdom arose. Things began to change. It’s hard to describe the change that took place. The mind changed until there was no more doubt. I don’t know how it changed. If I were to try telling someone, they probably wouldn’t understand.”—Ajahn Chah in Food for the Heart According to what I have found there is not much of an "I" anywhere.
This "I" that we put so much stock on is not the same from day to day, or from moment to moment; everything is interconnected. I have verified that nothing in this world is actually explainable; it is all energy in motion. You see, magic is afoot, although we have the uncanny ability to ignore it completely. We live in a daze; we live in confusion, a confusion caused precisely by our undiciplined ego, our self-absorption. But who is this "I" anyway? Who are we really? I leave you with the question; for it behooves all of us to do our homework, our due diligence. Rio Guzman
https://plus.google.com/117689065373889967059 http://www.trueactivist.com/this-artwork-is-probably-the-most-accurate-and-scary-portrayal-of-modern-life-weve-ever-seen/#.VlspBpyN-5A.google_plusone_share “The real hopeless victims of mental illness are to be found among those who appear to be most normal. "Many of them are normal because they are so well adjusted to our mode of existence, because their human voice has been silenced so early in their lives, that they do not even struggle or suffer or develop symptoms as the neurotic does." They are normal not in what may be called the absolute sense of the word; they are normal only in relation to a profoundly abnormal society. Their perfect adjustment to that abnormal society is a measure of their mental sickness. These millions of abnormally normal people, living without fuss in a society to which, if they were fully human beings, they ought not to be adjusted.” ? Aldous Huxley, Brave New World Revisited
Your mind is blocking and distorting most of the life coming to you. Your five senses sense life. Your mind produces and sends you things that it makes up. It creates and sends you thoughts, fears, desires, emotions, ETC. It converts life into its mental code for life. It attempts to turn all of life into words, mental pictures, abstract thoughts, or bytes of data. We need to get a hold of our minds quickly, they have become too powerful to let them control our lives. We need to take control of them, and we do that by learning the truth. The truth of life has been revealed and it turned out ot be better than anything we could have imagined. The truth will set you free from the mind, and give you the best life here and now. Google Truth Contest and read the top entry. Why let your own mind hurt you? The age of the mind is coming to an end, the age of truth, understanding, peace, and love is here.
The degree of truth that can survive every test will set men free to soar....
"It is no measure of health to be well adjusted to a profoundly sick society." Krishnamerti
“We are not human beings on a spiritual journey. We are spiritual beings on a human journey.” Stephen R. Covey
...in The Beginning of the End of the old system...
The Holy man at the grocery checkout and the 100th Monkey... I make a comment about the people giving their money to the rich in the big tax give away recently. I feel like we're just cattle for the slaughter. He said something like we are seeing the beginning of the end of the old system. He was not concerned about the surface issue: artifacts of a dying system. He felt that change is already afoot and we are already on a path to major changes sometime in 2012....2013...2014...2015...2016...
I commented on his positive attitude and he said "I'm not positive: I have transcended!"
The hundredth monkey effect is a supposed phenomenon in which a learned behavior spreads instantaneously from one group of monkeys to all related monkeys once a critical number is reached. By generalization it means the instantaneous, paranormal spreading of an idea or ability to the remainder of a population once a certain portion of that population has heard of the new idea or learned the new ability. The story behind this supposed phenomenon originated with Lawrence Blair and Lyall Watson in the mid-to-late 1970s, who claimed that it was the observation of Japanese scientists.
The Holy Man, as I now call him
, out of basic respect, told me that the idea that we have to rely on each other - as opposed to institutions like banks and government - is the idea that is spreading and it is reaching critical mass in human society in general.
The wikipedia article goes on to report that the idea of the '100th monkey effect' was discredited, it appears it had been somewhat overstated to begin with.
But as a teaching analogy for where humans are now particularly with our global telecommunications and travel, we are all more and more able to communicate. So a '100th monkey effect' is entirely possible with humankind without any sort of actual mysticism involved.
Capitalism is the old system. It is based on greed and selfishness and has run its course. And it has damaged the planet and countless numbers of people in its greedy exploits.
The most recent massive giveaway to the wealthy is part of the old pattern. Capitalists take from the poor and feather their own massive nests.
The Holy man seems to think that system is going to end far sooner than I do, that it is already underway and irreversible.
Here's hoping he's right. 'Each time a man stands up for an ideal, or acts to improve the lot of others, or strikes out against injustice, he sends forth a tiny ripple of hope, and crossing each other from a million different centers of energy and daring, those ripples build a current which can sweep down the mightiest walls of oppression and resistance.' Bobby Kennedy
So you want a guarantee...?... Lol Lol lol...
As former Fed Chairman Alan Greenspan famously said in his 2005 Congressional testimony on Social Security...I believe that we should maintain the principles of Social Security, but I think the existing structure is not working. Until we construct a system that creates the savings that are required to build the REAL assets, so that the retirees have REAL goods and services. We don’t have a system that is working. We have one that basically moves cash around and we can guarantee cash benefits as far out and whatever size you like, but we cannot guarantee their purchasing power.
Criminally INSANE and Mass INSANITY creates an idiot culture... "They must find it difficult ...Those who have taken authority as the truth, rather than truth as the authority." - Gerald Massey Democracy is not a free ride... Freedom... Woody Harrelson 'Ethos Time to Unslave Humanity "Our ethos is all that we currently hold to be true. It is what we currently act upon. It governs our manners, our business and our politics." Howard Zinn Ethos is an appeal to ethics, and its a means of convincing someone of the character or credibility of the persuader.
Alice and Wonderland...
Would you tell me, please, which way I ought to go from here?'
'That depends a good deal on where you want to get to,' said the Cat.
'I don't much care where -' said Alice.'Then it doesn't matter which way you go,' said the Cat'
But I don't want to go among mad people,' Alice remarked.
'Oh, you can't help that,' said the Cat: 'we're all mad here. I'm mad. You're mad.'
'How do you know I'm mad?' said Alice.
'You must be,' said the Cat, 'or you wouldn't have come here.'
Mad Hatter - They're Coming to Take Me Away
Pathos is an appeal to emotion, and is a way of convincing an audience of an argument by creating an emotional response.
Logos is an appeal to logic, and is a way of persuading an audience by reason.
..................................................................................................... Takin' Care of Business
What does 'what the market will bear' mean?
The phrase “whatever the market will bear” is typically used in economic discussions. Primarily, when discussing how fees for various products or services are set you’ll hear the phrase offered as some explanation for what is really exploitation of the market. It only works well in a non-competitive environment. Adam Smith, the pioneer of political economy who authored An Inquiry Into the Nature and Causes of the Wealth of Nations, would have considered this type of power — as unrestrained greed — that supports the idea of “whatever the market will bear” as a thing too terrible to imagine.
But then, Smith was passionate about liberty, reason, and free speech. He was a classical liberal, a believer in“natural liberty”, but not quite the free-wheeling laissez-faire libertarian those who frequently co-opt his theories apparently believe him to be.
Smith believed there was a danger in too much concentration of power which naturally occurs on the side of businesses and the rich in an unregulated environment. There are some interesting parallels between Smith’s concerns about the collusive nature of business interests and the problem of our dying Constitution and the consequent perversion of our criminal justice system.
Corporatocracy is a term used as an economic and political system controlled by corporations or corporate interests. It is a generally pejorative term often used by critics of the current economic situation in a particular country, especially the United States. This is different to corporatism, which is the organisation of society into groups with common interests.
Self-interested competition in the free market, [Smith] argued, would tend to benefit society as a whole by keeping prices low, while still building an incentive for a wide variety of goods and services. Nevertheless, he was wary of businessmen and warned of their “conspiracy against the public or in some other contrivance to raise prices.”[footnote deleted] Again and again Smith warned of the collusive nature of business interests, which may form cabals or monopolies, fixing the highest price “which can be squeezed out of the buyers”. Smith also warned that a true laissez-faire economy would quickly become a conspiracy of businesses and industry against consumers, with the former scheming to influence politics and legislation. Smith states that the interest of manufacturers and merchants “…in any particular branch of trade or manufactures, is always in some respects different from, and even opposite to, that of the public…The proposal of any new law or regulation of commerce which comes from this order, ought always to be listened to with great precaution, and ought never be adopted till after having been long and carefully examined, not only with the most scrupulous, but with the most suspicious attention.”
Smith also believed,
The subjects of every state ought to contribute towards the support of the government, as nearly as possible, in proportion to their respective abilities; that is, in proportion to the revenue which they respectively enjoy under the protection of the state.
The rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion. How amazing it is, then, that the rich and the conservative so frequently try to justify their dangerous and corrupting acquisition of power by relying upon Adam Smith.
But what has this to do with criminal defense and with the corruption of the criminal justice system?
A number of things, including that “collusive nature of business interests, which may form cabals and monopolies, fixing the highest price ‘which can be squeezed out of the buyers’” and the misplaced laissez-faire attitude of judges towards them. http://www.rhdefense.com/2011/03/11/whatever-the-market-will-bear
Capitalism is an economic system in which the means of production are privately owned, supply, demand, price, distribution, and investments are mostly set by the private sector and market forces rather than by economic planning by the government; profit is distributed by owners who invests in businesses. It also refers to the process of capital accumulation.
Capitalism... is the old system. It is based on greed and selfishness and has run its course. Debt has been used to degrade everything including human lives to a monetary calculation that eliminates all social obligations to each other. This is especially observable in the later development of "capitalism that has reduced society to a system of practical debt slavery." Government debt to private parties has been used to manipulate and corrupt government for private ends, particularly, in the present debt paradigm called capitalism.
And it has damaged the planet and countless numbers of people in its greedy exploits. ...the idea that we have to rely on each other - as opposed to institutions like banks and government - is the idea that is spreading and it is reaching critical mass in human society in general.
Corporations are persons who have no moral conscience
They are special kinds of persons which are designed by laws to be concerned only for their stockholders.
Corporations have no soul
to save and they have no body to incarcerate
. "The World is a Business"
... Mad as Hell
... "We" Day...noApathy
... >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> Slaves to DEBT Get yourself a set of Balls and put them on...you're going to need them... The Collapse of The American Dream Explained Debt = Money. This is the most important thing you can understand about modern finance. America is now 17 Trillion dollars in debt. That is roughly $53,000 dollars per citizen. Most of this debt has been falsely imposed on America by the banking organization. Collapse of The American Dream Explained ...more links.
Understand this first...DEBT...
Consider for a moment the broad stretch of financial history. It used to be that currency was backed by gold and loans were backed by tangible assets (e.g., mortgages are typically backed by homes). Both instruments gave their owners legal claims to real assets in the event of default. This approach helps establish trust between two parties in a transaction.
During much of the 19th century, the world operated on what is known as the classical gold standard, in which currencies were backed more or less one-for-one with gold. Why did this come about? Why did any country ever have a gold standard? Because people can trust gold — in an absolute sense. Governments can’t print gold. But the world has long since abandoned the classical gold standard, so the fundamental trust and stability conveyed by gold is almost always out of sample in the context of today’s data and mathematical tools.
Likewise, back in the 19th century, loans were fully backed by tangible assets. Lenders would let other people borrow only if they had the right to recover money if a borrower defaulted. And government debt typically traded with a risk premium over corporate bonds. By backing loans with collateral, borrowers don’t need income to fulfill their obligations to lenders. Collateral creates trust in the financial system.
Over time, however, the use of real assets to back these claims, whether currency or loans, has been whittled away by numerous small changes. Today, currency is no longer backed by anything, and loans are increasingly backed by nothing but the earning power of the borrower. So, the fundamental reason for people to trust currency and credit has slowly shifted from a sound claim on tangible assets to a speculative claim on future income. Now, so long as future income is healthy, there isn’t necessarily a problem. Trust is intact. But what happens when the future income fails to materialize? That’s right: default. So, the transition from relying on tangible assets to future income increases the risk to the entire system. This is systemic risk.
Where exactly does this systemic risk show up? Is it in time series data of security prices or spreads from the past 10, 20, or 30 years? No. Is it in your factor exposures relative to the benchmark? How could it be? Is it even showing up in interest rates or spreads? Hardly.
Curiously, over the last 25 years, the United States has seen a marked increase in credit without collateral in the form of credit cards, student loans, bank financing, junk bonds, government bonds, etc. With these instruments, borrowers repay by using their future income to meet obligations. By charging high rates of interest, lenders anticipate a percentage of borrowers won’t have adequate future income and will default. Therefore, lenders charge interest rates in excess of the expected default rate to earn a spread (among other things). But this comes with a cost. Borrowers must have income in order to repay. At the macro level, personal income must grow and jobs must be abundant in order to have healthy credit markets. In the absence of a healthy economy, it all comes racing back to trust. And without income or collateral, trust becomes scarce. http://blogs.cfainstitute.org/investor/2015/07/15/risk-is-the-dark-matter-of-portfolio-management/
... it all starts with the ability of a Leviathan government to fund itself through infinite debt that it never intends to repay. Infinite money enables infinite government. (from comments on ZeroHedge.com)
_____________________________________________________________________________________________________________________ http://www.moneychimp.com/glossary/ Fundamentals... this is a need to know/understand...
...historical P/E ratio is 15.9...
2017 After three consecutive years (2014, 2015 and 2016) of S&P 500 earnings of about $118, Thomson Reuters
has $133 as an expectation for 2017.
FactSet Research is on the same page:
"The forward 12-month P/E ratio for the S&P 500 is 16.9. This P/E ratio is based on Thursday's closing price (2249.26) and forward 12 month EPS estimate ($132.79)."
Goldman Sachs estimates that although the median company currently pays an effective tax rate far below the statutory rate, the impact of an even lower rate could lift S&P 500 earnings by more than 10%. Even a statutory rate of 25% (roughly 29% including state and local taxes), which is more likely given deficit projections, could still boost earnings ex-financials by 8%. Project earnings to $145 over time, and you can see why the new found optimism is prevalent.
Rest assured, there will be speed bumps. Trump's corporate tax proposal, for instance, is likely to stumble in Congress. The usual bickering will start about which tax exemptions get eliminated in return for a simpler code. On top of that, a worsening fiscal backdrop will likely make many in Congress hesitant to support large deficit financed tax cuts. How the market reacts to these anticipated delays will enter into the equation.
Evercore ISI thinks it could take until the traditional August recess for any legislative priority to be achieved. Washington Analysis doesn't think tax reform will take effect until Jan. 1, 2018. That even may be optimistic.
On the other hand, the repatriation of profits back to the U.S. may be easily achievable with the new administration at the helm. Corporate tax cuts will be haggled over, but I can see the negotiations cutting back the existing rate of 35%, one of the highest in the world, to one that is more positive for corporations and the economy. We may not get the 15% the President-Elect wants, but a 20-25% rate would be a good start and a market positive. http://seekingalpha.com/article/4034920-s-and-p-500-weekly-update-outlook-2017-change-air-brings-new-highs-equity-markets (S&P 500 will set new highs in 2016 ) P/E ratios
***Book value/Residual value/Intrinsic value
Secular Bull Market - A look ahead
As we have witnessed, energy earnings, or lack thereof, have been discussed ad nauseum. Back in January, I noted that all market participants would have to reconcile what impact that would have on the earnings picture to formulate their strategy going forward. Now the strength of the USD has entered the earnings picture as well. In my case it has made me pause, reflect on all of the conflicting issues and wrestle with the possible outcomes. I did just that before I could decide on a confident outline to allow me to put forth a 6 month (end of '15), and 12 month (mid '16) projections.
The "Base", "Bull" and "Bear" cases for YE 2015 and Mid 2016
***Feb 22 ...as of the first 2 months of 2016...we are seeing $121 estimates for the S&P 500 and in the chart below =Economy stalls...Energy and Strong $Dollar issues deepen, earnings growth of 2-3%...PE's retract= PE of 15 or 16 times earnings...= the recent low was 1810 and the high of this week was 1930... so the next 3 charts and projections; for now appear overly optomistic for 2016 and beyond...
Year 2015 estimate: $119.23/share... Year 2016 estimate: $133.95/share.... Year 2017 estimate: $149.49/share
Sept. 01, 2015... CAPE (Cyclically Adjusted Price Earnings) ratio. It’s a cousin of the popular price-to-earnings (P/E) ratio.
The P/E ratio divides the price of an index or stock by its earnings-per-share (EPS) for the past year. A high ratio means stocks are expensive. A low ratio means stocks are cheap.
Robert Shiller's CAPE ratio is the price/earnings ratio with one adjustment. Instead of using just one year of earnings, it incorporates earnings from the past 10 years. This smooths out the effects of booms and recessions and gives us a useful long-term view of a stock or market. Right now, the S&P’s CAPE ratio is 24.6…about 48% more expensive than its average since 1881.