Truths Half Truths & Deceptions

Dystopian

Trading Hours News Flow


Monday Market Movement – With No Government, What Will Move Us?

Government shutdown! No one really cares. It sounds like something, but it's nothing. The government was shut down for 2 weeks in 2013 and hardly anyone noticed and, frankly, this Government has been dysfunctional for pretty much all of 2017, so it's not like we're going to miss it. Meanwhile, our President is tweeting from the twilight zone whe...

Market Direction My Take

A day after I returned back to work after the year end break, I wrote that that the rate of incline for many stocks was clearly unsustainable.  That casual comment was spot on. Question is what unsustainable means. It obviously means differently depending on which sector or stock(s) we are talking about. For the record, when I said unsustainabl...

Of Olympics Wall Street Hits New Highs Bitcoins Plummet

Remember this post I did last year? A BoW Buy on Weakness opportunity anytime market swoons on account of the two madcaps' rhetorics.  Earlier this week, we saw this olympian move towards unification. Before that, Trump's absolutely willing to talk to North Korean leader. Coast all clear. Now the two koreas are arm in arms  Last night, this n...

Stocks Surge To Best Start In 30 Years While Bitcoin, Bonds & Dollar Battered

Courtesy of Zero Hedge Just "buy" – everyone else is… what could go wrong? It's been an interesting year so far… equities are unstoppable, the dollar is tanking, gold is soaring, and bonds are tumbling…  This is easy… US Equities have 'suffered' only one down day in 2018 so far (in fact Trannies haven't seen one down day)…   BTFD!! Putting t...

Augmented Reality I Didn't Know That

Fascinating. For people like myself who are not too conversant with the future of internet of things but yet get wowed, this is a really short simple and cool intro about AR. Visual clutter! New word for me and a potential must get new toy - hololens - when the scene below becomes a reality. That would liven up my holidays!!! https://theconversa...

Bitcoin Understand Mining Costs

How much does it costs in electricity to mine a Bitcoin? This is important as China just made another move on bitcoin mining.  https://www.bloomberg.com/news/articles/2018-01-11/bitcoin-mining-fees-surge-after-chinese-officials-clamp-down To understand what the hike in fees means read the link below. https://grisha.org/blog/2017/09/28/electrici...

Thrill-Ride Thursday – Markets Right Back on Top

What pullback? We waited all year for the markets to pull back and all we got was a lousy 50-point correction? This market is completely nuts and this morning the Futures already have us back at the 6,700 line on the Nasdaq (/NQ) along with 25,400 on the Dow (/YM), 2,756 on the S&P (/ES) and 1,565 on the Russell (/TF) while Oil (/CL) is tes...

Bitcoin Korean Government Ups The Ante

Didn't I say this last month?  See what the regulators are doing in South Korea. They are taking away files and documents. End of anonymity - secrecy - money laundering - the very cornerstone and foundation of bitcoin.

Buffett's Predictions On Cryptocurrency

https://www.cnbc.com/2018/01/10/buffetts-cryptocurrency-predictions-are-scary-heres-how-to-cope.html  

Everybody Dance Now

Courtesy of Joshua M Brown My Chart o’ the Day comes from a Bloomberg story: It’s not just Wall Street embracing the animal spirits powering equities to their highest levels on record. About 60 percent of individual investors think the stock market will go higher in the next six months, the highest percent since 2010, according to a survey by th...