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October 18, 2018 | Canadian Oil Falls to Under $20 a Barrel Because of Environmentalists

The price of Western Canadian Select (WCS) crude dropped more than US$55 per barrel BELOW North American benchmark of West Texas Crude. The widening discount is evidence the commodity is illustrating how the environmentalists are really destroying the Canada economy. They are causing taxes to rise as social programs continue on an unsound footing and in […]

October 17, 2018 | Fed Minutes Suggest Gradual Rate Hikes Coming: Little Market Reaction

As expected, the Fed signaled gradual rate hikes are coming. The Fed released the Minutes of the September 26, 2018 FOMC Meetingtoday. Information received since the Federal Open Market Committee met in August indicates that the labor market has continued to strengthen and that economic activity has been rising at a strong rate. Job gains have […]

October 17, 2018 | Market Bounceback. A Fleeting Fad.

KINGSTON, NY, 17 OCTOBER 2018—After a week of sharp declines where some $1.7 trillion was wiped off the S&P 500, yesterday following solid third-quarter earnings from some of the largest U.S. companies, stocks had their best day since March, with the Dow surging 548 points. Is this a solid trend that will continue or a […]

October 17, 2018 | Detailed Map Of Expected Price Movement Before The Breakout

Our research team was hard at work over the past few days.  Not only were they able to call this downside price swing 3+ weeks in advance, they also called the market bottom within 0.5% of the absolute lows.  Now, they have put together a suggested “map” of what to expect in regards to price […]

October 17, 2018 | $120 Billion for Uber? Investors Must Be Out of Their Minds

The spectacular orgy of greed surrounding Uber’s impending IPO shows how out-of-whack valuations have gotten. Wall Street thinks the ride-hailing company could fetch as much as $120 billion when it is retailed to the rubes early next year. That’s nearly double the valuation of Uber’s last fundraising round just two months ago, according to the Wall […]

October 17, 2018 | Weed deeds

As you know (how could you not?) this week our Dominion joins mighty Uruguay, a Third World, barely industrialized country (pop 3 million, average annual family income $10,000 US), in legalizing weed. Since only Stoners and knuckle-dragging MAGA believers read this blog, we will refrain from passing any judgment whatsoever on the idiotic, populist idea […]

October 17, 2018 | How Trump’s “Right-Hand Man” Drove Sears Into the Ground

Time alone – oh, time will tell You think you are in heaven, but you living in hell – “Time Will Tell,” Bob Marley HAMILTON, BERMUDA – Where are we? Heaven or Hell? Bermuda feels like Heaven. The sea is a bright, vivid blue, with clear water in coves and harbors. The sky is a […]

October 17, 2018 | One More Thing To Worry About, Saudi Edition

Ah, Saudi Arabia, land of heat and contradictions. One day they’re jailing women’s rights activists for wanting to drive, the next day they’re dismembering still-living Washington Post journalists. And yet they can count the world’s capitalist democracies as friends, because today’s dysfunctional economic/geopolitical system depends on both Saudi oil and Saudi willingness to keep their […]

October 17, 2018 | Determining the Outlook for Mining Stocks? Look Deeper Than Others.

Gold miners completed the inverse head-and-shoulders pattern – it’s now a fact. And many analysts would have one believe that it’s the only fact that matters right now or that it’s of major importance. But just like focusing on one tree can make one miss the entire forest behind it, the above could make the […]

October 16, 2018 | Debt Counselor Phones at “Capacity” in Australia over Mortgage and Rent Issues

Too Much Debt: Financial helpline counselors are at capacity as record numbers of older Australians struggle in poverty. Down under, a Record Number of Older Australians are in Financial Trouble. Key Points The National Debt Helpline — a federal government-run financial counselling service — said it’s on track to receive a record number of cases through […]

October 16, 2018 | US Equities Mount Impressive Early Recovery

As fast as the downside breakout occurred, the upside recovery appears to be taking place as Q3 Earnings begin to hit the news wires.  This past weekend, the news cycles and market experts all seemed to have opinions about where the US equities market was headed after last week’s price collapse.  We’ve read everything from […]

October 16, 2018 | The Shoot-out at the Gold Corral

We’re heading toward a Wild West shootout between the U.S. dollar and gold. Somebody’s wrong. Somebody’s going to get hurt. And somebody’s going to get rich. I’d rather be in that last group. How about you? Let’s start with the highty-mighty U..S dollar. It has been rangebound since May. But underneath the surface, there’s a […]

October 16, 2018 | Do MSNBC and the Pollsters Think We Are Idiots?

The burlesque over Sen. Elizabeth’s Warren’s supposed Cherokee ancestry is helping Republicans build a head of steam ahead of the November elections. On the increasingly indefensible side of the political divide are those who evidently believe that a slapdash DNA test showing Warren has perhaps 1/1064th Indian blood “proves” she is a Native American. Believers […]

October 16, 2018 | Responding to The New York Times…

HAMILTON, BERMUDA – Stocks rattled around yesterday; investors didn’t know where they wanted to go… so they went mostly nowhere. We turn to the newspapers…   Invitation to Claptrap Opening a newspaper is always an invitation to claptrap. The New York Times is probably no worse than any other. But it is the only one we had […]

October 16, 2018 | GDPR Creates an Overwhelming Bureaucratic Nightmare in Europe

The new data protection legislation in Europe known as GDPR. has resulted in simply overwhelming the government with complaints and inquiries from small businesses who do not understand the regs. In Germany, the various agencies are reporting a 500% increase in complaints. Even in Bavaria, 2,974 consultations took place in 2017, and so far this year it […]

October 16, 2018 | The Wrong Guys

So how much stress is the stress test stressing stressed-out mortgage dudes? Oodles. Enough to have a small army of them swarming over Parliament Hill today (Tuesday), bombarding 50 MPs and policy poohbahs trying to get B-20 gutted. The damage they see being done to their business is palpable. Mortgage originations have plunged, credit has […]

October 15, 2018 | The ECB on the Verge of Collapse?

  The European Central Bank (ECB) will NOT aid Italy with an EU rescue program if the country or its banks are in financial turmoil. The Italian government is taking the view that Italy has become an “occupied” country and that Germany has conquered Europe imposing austerity and its view of inflation upon the whole […]

October 15, 2018 | $1.4 Million… Right Into the Shredde

Where the remote Bermudas ride In th’ ocean’s bosom unespy’d, From a small boat, that row’d along, The list’ning winds receiv’d this song. What should we do but sing his praise That led us through the wat’ry maze Unto an isle so long unknown, And yet far kinder than our own? […] Thus sung they […]

October 15, 2018 | Technology Sector Set For A Rebound?

There has been quite a bit of chatter about the FANG stocks recently.  In fact, the entire Technology Sector has taken a beating over the past 30+ days.  Our research team, at Technical Traders Ltd., believes the Technology sector is setting up for a 15%+ price rebound from these recent lows and we want to alert our […]

October 15, 2018 | The Simple Reason Stocks are Destined to Mean Revert: ‘Normal is a Long Way Down’

Good summary of relevant points in this segment.  The reality is that no investment approach gets to win forever, each one has periods of under-performance.  What matters most is not how much asset prices go up and down, but rather how much one keeps on a cash in to cash out basis over full market […]

October 15, 2018 | Gravity

Well, remind me to never again write about climate change. Or Trump. Cannabis. The stock market. The UN. Bonds. The Fed. Gold or guns. Dogs seem okay, though. Plus hormones and real estate (sometimes). If I stray into other subjects and I’m sure to be ripped a new one by all the macroeconomists, political scientists […]

October 15, 2018 | Gold Shorts About to Get Burned

The Gold COT report shows gold shorts piling on in addition to long liquidation. Meanwhile, the price of gold is rising. Gold Daily Chart ​ This is an incredibly price-bullish setup. Buy Gold. Mike “Mish” Shedlock

October 15, 2018 | ‘Rogue Killers’ Says Trump? Is This Valid?

Crown Prince Salman (age 32). Shows history of desiring absolute conformity to his political worldview! Mr. Trump called (via phone) the Crown Prince of Saudi Arabia and this leader denied any knowledge of the murder (or the details) about this dissident, Mr. Jamal Khashoggi. Let’s think on this situation to discern some realities. What questions […]

October 14, 2018 | It Ain’t Interest Rates – It’s the Elections Stupid!

Jeff Bezos of Amazon loses about $80 million for every dollar the stock goes down.  No billionaire was hit as hard by the drop this week in the share market than Jeff Bezos. During the Wednesday selloff alone, the Amazon founder and CEO lost more than $9 billion. This is how they measure people’s worth by the value […]

October 14, 2018 | Looks Like Khashoggi Was Murdered And His Body Dismembered!

The journalist who worked for the Washington Post and other media outlets had a perspective which the official Saudi’s (at the top) disliked (so it appears). It appears from my research that this journalist, Mr. Khashoggi, died on October 2, 2018, from a planned murder by the political regime of Saudi Arabia. His body was dismembered […]

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