Truths Half Truths & Deceptions

Dystopian

Trading Hours News Flow


Bullish Harami Crosses Offer Swing Low Potential

Courtesy of Declan. Today’s action didn’t break the bounds of Friday’s range but did create a scenario where solid swing lows develop; bullish harami crosses are one of the most effective swing low markers. The best opportunity can be found in the Nasdaq 100. A rally from here would suggest the makings of a trading range which I have marked in t...

Trump's Caravans And Tough Nuclear Laws

Monday Market Mayhem – China Fires Back in Trade Wars, Trump Tells Dreamers to Stop DreamingWell, we survived the Space Debris at least. Unfortunately for 800,000 children who live in America, they are not surviving President Trump, who is calling for "Caravans" to come and take them away, without the due process or constitutional rights affor...

This Should Rile Him Up

Naaa .... Mr President  Not good for market sentiment. Geo-politics on top of a barely gelled cease fire in the trade war. Expect more barbs to come. Oh shucks.

Investors Head To War Shelters

Gentlemen, the trade war has begun. Trump has undone decades of careful trade negotiations between nations and members of the WTO. China, this morning, has promised to retaliate. More so when it became abundantly clear that Trump had targeted China all along when he first announced the tariffs on imported steel and aluminium. I am not surprised ...

Politics And Costs Of Protection

An excellent common sense way of dealing with loss of employment instead of resorting to costly tariffs and trade wars.  Courtesy of Morten Wendelbo, Texas A&M University and Raymond Robertson, Texas A&M University President Donald Trump has been promising to save American manufacturing, and the steel industry in particular, since the pr...

Recent Breakout Stalled

Courtesy of Declan. The good news for bulls was the lack of follow through on the selling. An argument could be made for bullish harami doji in some key indices with stops on a loss of yesterday’s lows. The Semiconductor Index held on to breakout support in what looked to be a successful defense by traders in what could still be a pullback buyi...

Anti-Trump? You Bet

Courtesy PhilstockWorld I don't try to be anti-Trump.  Well, I am anti-Trump but I'm anti any terrible President who is destroying the country (I didn't like Bush II either) – it's not something I have against Trump in particular but, it's my job to tell you what's good and bad in the World and the vast majority of bad things just so happen to c...

Who Fired This Trade War Salvo? Russians? Chinese? Or The EU?

I wonder if this is the Rest-of-the World Team's response to Trump's folly. Instead of tariffs why not rally the people of this planet against some of US largest companies? FB down 6-7% for starters.....  Oops, he did it again. Our deal leader hit the Twitter this weekend, attacking Meuller and his team summarizing all the Team Trump talking po...

Is It Worth Zero Like What Allianz Said

Time for an update on how our fellow investors in bitcoins et al are doing. What I wrote.   What I found at the height then  Here is the proof of how brainless herd mentality is, First chart, idiots in Bitcoins suddenly realized that perhaps they were indeed fools to believe the fake stories on bitcoin. so began the great exodus out of Bitcoins...

Relax, Just Relax Says Navarro To Wall Street

2 down. Earlier in the week, I noticed that US inflation numbers were down for February. This reduces the pressure on the Fed to push interest rates higher than in a worse case acceleration in consumer prices. A good point to take note of.    This morning, I see another. A hint from Navarro on the trade war front of a softening. Carve outs grow...