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December 16, 2017 | The Foreign Collusion Story that MSM Isn’t Reporting

Almost exactly a year ago, just as the “Russia hacked the election!” delirium was taking shape, I pooh-poohed the idea that “Russiagate” (as it has come to be known) would persist for very long. Once the Trump administration started plowing ahead with its agenda, I argued, the Dems would toss Hillary aside and move on with […]

December 16, 2017 | Firms Spent 94% of 2004 Tax Holiday Benefit on Buybacks and Dividends

A study of the 2004 repatriation holiday shows 94% of the money did nothing to create jobs. The Wall Street journal explains Why Cash Returning From Overseas Isn’t Likely to Create Jobs—and Might Even Reduce Them. Sponsored Content Which Animal Inspired Ford Designers for the Newest SUV? by Ford Canada Based on analyses of past programs to […]

December 16, 2017 | Trading Desk Notes – Dec 16

Market price action (across asset classes) has been skitzoid the past couple of weeks…up one day, down the next (and in some markets up and down within the same day!) as breaking news or central banker comments have buffeted prices…while competing views about the future, about what’s important and what isn’t, seem to be enthusiastically embraced […]

December 15, 2017 | The Practicality of Cryptocurrencies – Not Really Ready for Prime Time

Trying to actually use Bitcoin in the economy is anything but something that will replace any government currency. The transaction fees are outrageous typically 3 to 4 times that of a cash withdraw from an ATM. In this video, a journalist tries to actually use Bitcoin. The pizza ends up costing him $76.16 and the […]

December 15, 2017 | The Federal Reserve’s Slow Approach to Raising Rates

The Federal Reserve hiked the Fed Funds rate by 0.25 percent. No one on Wall Street was surprised, as the Fed had hinted at the move and news on the U.S. economy has been consistently positive. Some have wondered why the Fed has not raised rates more aggressively given the unemployment rate at 4.1 percent, […]

December 15, 2017 | The Big Stick

Just 16 more sleeps now until B20 lands. What the new stress test will do to residential housing is a giant topic at the moment. Will it tank the market, just stall it, or end up being as useless as the last stress test was for high-ratio borrowers? To summarize: starting in a couple of […]

December 15, 2017 | How the Feds Doomed the Economy

RANCHO SANTANA, NICARAGUA – “This area is going to grow for a long time,” said a real estate agent yesterday. We’ve been looking at property for sale. We like it down here in Nicaragua. And we have a feeling the agent is right. This could be like Florida in the 1920s – bubbly, but still […]

December 14, 2017 | Gold’s Upside Target

In our Monday’s analysis, we emphasized that a lot changed from the short-term point of view, even though price changes in gold and silver were small. On Tuesday, we argued that closing our short position on Tuesday had been justified. Mining stocks soared by over 3% making yesterday’s session the biggest daily rally since August. […]

December 14, 2017 | Markets being ‘Primed’ for the MARK!

The gullibility of people is interesting to observe. The newest ‘fad’ and ‘imagery’ which is capturing the Millennials (those between age 18 and 34) and many Gen X individuals (those between 35 and 50) are cryptocurrencies. These virtual/digital units do not (technically) exist within our space/time reality…yet they capture the mind’s of people as we now […]

December 14, 2017 | Consumers in Gear: Retail Sales Jump Far More Than Expected

Retail sales rose 0.8% in November topping consensus estimate of a 0.3% rise. There’s some talk of economic”overheating” The Advance Retail Trade Report from the Census Department shows retail and food services sales for November 2017, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $492.7 billion, an increase […]

December 14, 2017 | Trading v Socrates

QUESTION: Marty; All of these Robo trading plans are simply a flat model. Socrates is forecasting short and long-term rather than just trading a flat model. Am I correct? PT, Canada   ANSWER: Correct. The approach to modeling is traditionally flat. It will take one market and attempt to create a buy/sell model on that market […]

December 14, 2017 | How the Fake Boom Ends

RANCHO SANTANA, NICARAGUA – As we outlined yesterday, Americans are richer than ever. U.S. household assets stand at $97 trillion. All over the world, “wealth” is surging, too… with the value of global stocks near a record high of $100 trillion. But there’s a hitch: We allege that this wealth was built on fake money. If […]

December 14, 2017 | A Pause, or Is It the Start of Something Worse?

No sooner did I mention that El Toro is long overdue for a rest than, voila!, the Dow drops 77 points, closing on the low of the day. This suggests we are likely to see some more selling into week’s end. My latest update for the E-Mini S&Ps offers a precise benchmark for gauging whether […]

December 14, 2017 | The Bite

She bought the property, firm, plunking down a $50,000 deposit for 46 Raleigh Crescent, in the troubled GTA exurb of Markham. Then, a change of heart. In the midst of a declining market the buyer decided the deal wasn’t right. Her lawyer sent notice it was being repudiated – a legal term indicating the contract […]

December 14, 2017 | Cannabis 2018 Preview

I’ve written a lot about cannabis in 2017. I’ve guided my Marijuana Millionaire subscribers to heaps of money. So listen to me now, when I say 2018 could be the most awesome year yet for cannabis investors. The Marijuana Megatrend is in full swing. Act soon, and you stand to make a fortune. First, let’s hear from […]

December 14, 2017 | World’s First Solar Powered Train Begins Operation in Australia

Earlier this year the Netherlands announced that their electric trains are 100% wind powered, meeting their target a year earlier than planned.  And India has a “solar-powered train,”except in that case it’s still being pulled by a diesel locomotive and the solar panels only power comfort systems like air conditioning and lights.  This is the first train […]

December 13, 2017 | Bitcoin will be Regulated and Controlled!

Many pundits are assuming that our crypto-currency markets will remain private and eventually challenge the centralized banking system for control over our markets. This, to me, is total deception and naivety. Wake-up to who controls this planet and what has already been planned for this planet. Read these headlines from Bitcoin News to discern what our […]

December 13, 2017 | Bitcoin To Be or Not to Be?

QUESTION: Hi Martin, Despite the Bitcoin fanboys arguing that Bitcoin is untouchable by governments, would you agree that once governments, in particular, the Chinese government, make it unlawful to own Bitcoins, the additional introduction of proceeds-of-crime legislation would make it extremely difficult, if not impossible, to use Bitcoins to acquire assets, and dealing a permanent blow […]

December 13, 2017 | A Bull That Never Stops to Catch Its Breath

The broad average are supposed to do nothing on days when the FOMC has something to say. Instead, just ahead of Wednesday’s 25-basis-point rate hike, the Dow wafted 160 points higher, thumbing its nose at tradition. Perhaps a 160-point rally IS doing nothing these days, since stocks have been rising about five times as often […]

December 13, 2017 | Fed Begins its March to Doom

RANCHO SANTANA, NICARAGUA – This is a big day in Washington. First, the pols will welcome the new senator from the great state of Alabama. As every sentient being on the planet now knows, Roy Moore lost. Too bad his opponent couldn’t lose, too. Second, and more pregnant with mischief, Fed chief Janet Yellen will […]

December 13, 2017 | Sprinkles

Another day, another detour. In Washington, Donald Trump used some average families as props while announcing a “giant, really giant” tax cut. A household making $75,000, he said, would see their federal taxes “cut in half.” At the same time the US corporate tax rate is being gutted, from 35% down to 21%. In Ottawa, […]

December 13, 2017 | Gundlach: “Bet Against Bitcoin and Make Money

Jeffrey Gundlach, chief executive officer of Doubleline Capital LP sees Bitcoin as the “big rock of silly season”. Beyond Skeptical Jeffrey Gundlach is beyond skeptical regarding bitcoin. He says Bet Against Bitcoin Today to Make Money. We’re starting to see the big rock of silly season” on the cryptocurrency, Gundlach told CNBC’s Scott Wapner on […]

December 12, 2017 | ‘Naked Shorts’ Should Not Be Allowed! Why?

Naked shorts (no borrowing of an existing asset from the float) is a tool which is being allowed in our Futures Markets. Both the CMEgroup and the CBOE exchanges are now allowing ‘naked shorting’ for trading silver/gold and also bitcoin. Let’s briefly think about what is now allowed when I trade bitcoin. I can go ‘long’ […]

December 12, 2017 | Yet Another Reason Why the Tax Bill Stinks to High Heaven

It’s just like Wall Street (and its mouthpiece, The Wall Street Journal) to get all lathered up over supposed tax reform that has little more going for it than the usual heap of manure we’ve come to expect from Congress.  I made this point recently in discussing some fine print in the tax bill that would retain […]

December 12, 2017 | Trading Desk Notes – Dec 9th

My best trade this week was re-shorting CAD. I’ve been shorting CAD on-and-off since the Sept 8 Key Turn Date when CAD nearly touched 83 cents before reversing. I was flat over the American Thanksgiving long weekend but re-shorted CAD on Monday Nov 27. I was stopped out with a decent profit following the WAY […]

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