Thursday, September 26, 2013

Bond Indicator Flashing Red Alert

After I post this, I am going to load up on puts! 

Hawaii Trading's Proprietary Bond Indicator When this shoots up, Equities Shoot Down The combination of an Egg and this steeply sloped "bullish wedge" mean this thing is about to take off

And that mean equities down.

Tuesday, September 24, 2013

Argentina, wait I mean Britain, to be the newest disfunctional banana republic

Oh yeah, price controls...that's the ticket. That always works. Just ask Argentina
One of his first acts in office would be to pass emergency legislation forbidding energy companies from increasing domestic prices, the leader told his party conference. The eye-catching pledge is intended to persuade voters that only Labour can restore living standards eroded by years of prices rising faster than incomes, likely to be a central issue in the 2015 general election. The plan was at the heart of a speech meant to highlight what Labour says is David Cameron’s failure on the cost of living and to cast Mr Miliband as the leader offering hope. Well its nice to know there are countries out there in worse predicament than USA. USA is the country I hate the most, except for all the others, lol OH WAIT we got California! California insists on increasing the "rights" of illegal aliens.
"We need to stop implementing the Secure Communities program that is causing the detention and deportation of thousands of our community."
While traveling through CA this summer, I was impressed at the enormous unsustainability of all the sustainable programs that CA had created. They are so effed, financially and mentally (sorry to 16% of the country)

Monday, September 23, 2013

The Dow Jones "Industrial" Average

 Oh, just precious.    Look at the nature of our New Industry just makes so much sense.

Take away "real" businesses (at least Alcoa and HP), and replace them with money changers doing "Gods Work"

Nike, Visa and Goldman Sachs debuted Monday as components of the Dow Jones industrial average, replacing Alcoa, Hewlett-Packard and Bank of America in Wall Street's best known stock market index.

The change, which was effective at the start of Monday's trading session, was the biggest in the closely watched index in nearly 10 years.

S&P Dow Jones Indices announced on Sept. 10 that it was going to shake up the world's most famous stock market gauge.

This isn't just a sign of the times.    Its a reminder that those pimping financial products always point out the returns over time.   However these index returns over time are warped because they kick out the dogs and put in the hot new stocks.      But buy and hold doesn't get the benefits of that, but on paper it sure looks good.

Equinox Means Fall

How much simpler can it get?

The Fall Equinox was Sep 22.    And now we continue to fall.

The last chart is one sent from a follower in Israel who got it from a site he follows, although Charlie does some wicked good TA on his own.  This one is hard to "pinpoint a top" but the general intent is obvious.