Truths Half Truths & Deceptions

Dystopian

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Monday’s Market Magic Trick – Rising Without the Fed?

This is the most important chart in the World:  It illustrates the $2Tn "taper" that is about to take place and is, in fact, taking place right now and projected to accellerate rapidly into 2019 at which point (gasp!) Central Banks will become net sellers of assets and there is NO WAY that doesn't depress prices, even with a theoretical $2Tn be...

Dollar Rallies(d) Briefly On Trump Statement

Courtesy of Philstockworld What a wild ride the Dollar is having!   Technically, so far, it's just a weak bounce off the (hopefully) floor at 88 but it's been a week of wild trading in US Dollars as first Treasury Secretary Steve Mnuchin talks the Dollar down (see "Record High Wednesday – Diving Dollar Boosts Equity Markets") and then his boss...

The Growing Chorus Of Buy Buy Buy

Here are some more cookies to warm investor hearts plus keep market on even keel. Headline news like the one below inevitably have the desired effect of driving money on the sidelines crazy and ultimately back into the market. Confirmation bias. When you read 'expert' opinions of the market and stocks you should have bought but didn't, suddenly ...

Be Wary Of Those Warning About Market Being Overbought

Courtesy of Joshua M Brown Ari Wald’s new set of charts this weekend leads off with a look at the recent breathtaking advance in S&P 500 momentum, as measured by the RSI (Relative Strength Index) oscillator. Something that has only occurred in 1% of all periods back to the 1930’s is now taking place once again. What are the historical implic...

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...