Wednesday, November 26, 2014

Happy ThanksTaking

Under the president’s new amnesty, businesses will have a $3,000-per-employee incentive to hire illegal immigrants over native-born workers because of a quirk of Obamacare.

President Obama’s temporary amnesty, which lasts three years, declares up to 5 million illegal immigrants to be lawfully in the country and eligible for work permits, but it still deems them ineligible for public benefits such as buying insurance on Obamacare’s health exchanges.

Under the Affordable Care Act, that means businesses who hire them won’t have to pay a penalty for not providing them health coverage — making them $3,000 more attractive than a similar native-born worker, whom the business by law would have to cover.

Read more: http://www.washingtontimes.com/news/2014/nov/25/obama-amnesty-obamacare-clash-businesses-have-3000/#ixzz3KC90tBlO
Follow us: @washtimes on Twitter

 

 

And … shop whining about having not so perfect El Presidente – that is the best America you could produce.

Sunday, November 02, 2014

Marine Sgt. Andrew Tahmooressi freed from Mexican jail

http://www.foxnews.com/us/2014/11/01/mexican-judge-orders-jailed-marine-andrew-tahmooressi-freed-family-spokesman/

 

After 214 days in a Mexican prison, Sgt. Andrew Tahmooressi returned home to Florida Saturday, having been freed Friday night after a strong diplomatic push appeared to help convince a judge to release the former Marine on humanitarian grounds.

After reviewing the ruling, Tahmooressi family spokesman Jonathan Franks said the judge acted on a recommendation from the PGR, the Mexican Attorney General's Office. In that motion, the prosecutor "essentially withdrew the charges," Franks said. Moments later, the trial judge issued an acquittal in Andrew's case, calling for an "immediate and absolute release."

 

Now, when will WE start enforcing OUR LAWS and secure borders and place border jumpers in jails or deport them into the hands of Mexican law enforcers (if there are such) instead of “assimilating them into foodstamps” at taxpayers expense?

Saturday, November 01, 2014

Canada suspends visas for residents of west African Ebola outbreak countries

Canada suspends visas for residents of west African Ebola outbreak countries

The Guardian‎ - 1 day ago

Canada, which has not reported any cases of Ebola so far, will not process visa applications from those who have been to ... who have been in an Ebola-affected country within the previous three months.

 

Cannot help, but wonder – why I don’t see mention of that in American mass media?

Saturday, October 18, 2014

Friday, October 10, 2014

Gold Update (/GC)

Even though there is quick technical bounce off prior 2 days interval TDST support which is a prior bottom – my view has not changed since I posted

I [do not] love Gold /GC

 

Just repeat after me: '”There are no triple bottoms”

 

2014-10-10_1931

Thursday, October 09, 2014

That dreaded whole number…

 

Since the beginning of July I was targeting SPX 2000

The Magic of Whole Numbers AKA SPX2000 

as a turning point, I did not try to “prognosticate” as “when it will happen” in spite of me being huge fan of DeMark indicators and some of longer term timeframe were pointing to Sep/Oct as a major peak. I guess it is happening now, even though SPX is only about 100 points off its highs – my long term puts bought when SPX above 2000 performing admirably due to VIX explosion.

Sukkot lunar eclipse is an omen, some say



The lunar eclipse over Los Angeles on the first night of Passover, April 14, 2014. (Anthony Cook, courtesy of Griffith Observatory)


John Hagee, the San Antonio pastor who wrote the book “Four Blood Moons: Something is About to Change,” would have us believe so.
Hagee predicts that because of a cycle of four lunar eclipses called a tetrad — two this year and next on Passover and Sukkot — that something big is about to happen, like the Rapture.
The eclipse will be seen throughout much of the world on Oct. 7 and 8 — the latter the eve of Sukkot. It will be visible throughout much of the United States on Oct. 8, but only in New Zealand on the actual holiday.
Read more: Sukkot lunar eclipse is an omen, some say | The Times of Israel http://www.timesofisrael.com/sukkot-lunar-eclipse-is-an-omen-some-say/#ixzz3FfZvKjMu

Thursday, October 02, 2014

Ebola in USA contained … the “truth” as always

About 80 people came into contact with U.S. Ebola patient Thomas Eric Duncan or one of his family members before he was hospitalized, Dallas County health officials said Thursday

 

Do NOT worry – be happy

 

 

 

 

But the difference between Mother Nature and plebeians is that earlier does not care about politicians’ lies and promises.

Tuesday, September 30, 2014

Ebola aaaaaaaaaaaaaaa…….. in USA

 

This is what happens when you have open borders for illegals and “cheap” H1B labor

 

The Centers for Disease Control and Prevention on Tuesday confirmed the first case of Ebola has been diagnosed in the United States.

The CDC will host a press conference at its Atlanta headquarters at 5:30 p.m., ET.

 

Wednesday, September 24, 2014

Happy Rosh Hashanah

 

shana tovah u'metukah

 

34220

Monday, September 22, 2014

Friday, September 12, 2014

I [do not] love Gold /GC

Longer term charts do not look good for gold bugs crowd – even though shorter term gold seams to be getting close to an oversold bounce – longer term charts clearly show symmetrical triangle which statistically leads to continuation of the prior trend.

 

2014-09-11_2212

 

2014-09-11_2213

 

2014-09-11_2214

Wednesday, September 10, 2014

In Observance of 9/11

To all my friends who meaninglessly lost their lives in the flames of WTC - you are remembered, you are forever in my heart...

180px-Wtc-2004-memorial

This picture was taken few days later from Merrill Lynch’s building at Broadway 200

2009-09-10_2335

Thursday, September 04, 2014

Hacker Breached HealthCare.gov Insurance Site

According to WSJ a computer hacker broke into part of the HealthCare.gov insurance enrollment website in July and uploaded malicious software, according to federal officials. Danny Yadron joins the News Hub with details.

McDonald Workers at $15 per hour? Good riddance…

Momentum Machines cofounder Alexandros Vardakostas told Xconomy his "device isn’t meant to make employees more efficient. It’s meant to completely obviate them." Indeed, marketing copy on the company's site reads that their automaton "does everything employees can do, except better."
Read more: http://www.businessinsider.com/momentum-machines-burger-robot-2014-8#ixzz3COpCR0kA

 

 

burger robot diagram

Tuesday, August 19, 2014

UK Property Prices Suffer 'Largest Decrease Ever' As London Real Estate Goes Into Full-Scale Collapse

 

 

 

SO MUCH FOR “RUSSIAN SANCTIONS”

 

Business Insider

By Jim Edwards19 hours ago

 

.

formula one racecar crash upside down

REUTERS/Kai Pfaffenbach

More sellers than buyers, basically.

Property prices in the U.K. can't go on rising forever — and now they're not.

A survey of 90% of the market by Rightmove, a real estate price tracking company, shows that real estate prices fell 2.9% in August, the second consecutive down month this summer.

Prices fell nearly 6% in the overheated London market.

Monday, August 18, 2014

Bounce is almost over

Refer to my post as of August 8th 2014

 

How long will bounce last?

 

Using the same chart – there is a possibility that counter trend bounce might be on its last leg

 

2014-08-08_0850_001

 

Guard your long gains

Friday, August 08, 2014

How long will bounce last?

Bounce was expected – the question is “How long will it last?”

I bet even money – to surprise a lot of “Bull is not dead people” – very short while.

 

2014-08-08_0850

Thursday, August 07, 2014

/ES HOURLY - not the way double bottom looks

2014-08-07_1239

Iraq 3.0 - Obama Weighs Airstrikes or Aid to Help Trapped Iraqis, Officials Say

WASHINGTON — President Obama is considering airstrikes or airdrops of food and medicine to address a humanitarian crisis among as many as 40,000 religious minorities in Iraq who have been dying of heat and thirst on a mountaintop after death threats from the Islamic State in Iraq and Syria, administration officials said on Thursday.

 

2014-08-07_1233

It is all Russia’s fault now

And playbook never changes – first we have economic collapse, then we need to find external enemy to blame – details change, but storyline never does.

 

Nevertheless it is quite amusing how USsA/EU expect Russia to just roll over and take all the “punishment” failed world’s economies place on it??? WEALLY???

 

And – as expected – ECB’s [Pinocchio] Draghi gauges Russian risks to EU recovery

 

FRANKFURT— European Central Bank President Mario Draghi Thursday said it is too early to judge whether Russia’s sanctions on European Union exports will have a significant impact on the euro zone’s modest economic recovery.

However, he indicated that unless there is an escalation in the exchange of sanctions between the bloc and the Kremlin, the recovery is likely to continue.

“It is hard to assess this impact at the beginning of the crisis,” Draghi said in a news conference after the central bank’s decision to leave its interest rates unchanged. “Looking at the figures for trade and financial flows, by and large they reveal a picture of very limited interconnections.”

History lesson for ignorant:

How were trade sanctions against Japan the reason for starting World War 2 against the US?

These actions forced what Stimpson wrote in his diary as the actions he hoped for to force the Japanese to take the first shot. The Japanese did take action on December 7th by attacking the US base at Pearl Harbor and against the Philippines.

Nigeria confirms five more Ebola cases

Nigeria on Wednesday confirmed five new cases of Ebola in Lagos and a second death from the virus, bringing the total number of infections in sub-Saharan Africa's largest city to seven.

"Nigeria has now recorded 7 confirmed cases of Ebola Virus Disease (EVB)" health minister Onyebuchi Chukwu said.

Those who have died include the "index patient," a Liberian who brought the virus to Lagos on July 20, and a nurse who treated him, the minister added.

 

2014-08-07_0907

Wednesday, August 06, 2014

Ebola: Global experts begin emergency talks at WHO

On Wednesday, a man suspected to have contracted Ebola died in Saudi Arabia. If confirmed, this will be the first Ebola-related death outside of Africa.
The virus has killed nearly 900 people since February in West Africa.

“Assuming that they take this action, it would be blatant protectionism”

Taste of USsA’s own medicine

 

 

July 29 (Bloomberg) -- Facing tougher sanctions over Ukraine, Russia said yesterday it may ban imports of chicken from the U.S. and fruit from Europe and is investigating McDonald’s Corp. cheese for safety.

Meanwhile, a Russian lawmaker has drafted legislation that might result in U.S. accounting firms such as Deloitte LLP and KPMG LLP being barred from doing business in his country.

Tuesday, August 05, 2014

Friday, July 25, 2014

When the Music Stops




Similarly looking visual arts – it is getting awfully close


2014-07-25_1135

Tuesday, July 01, 2014

The Magic of Whole Numbers AKA SPX2000

It is a human nature to admire and submit to unproven magic of numbers, in this case market needs to hit SPX 2000, but after that, especially in the period from July 7th to July19th sharp correction could be quite possible.

Monday, May 26, 2014

When in doubts–stay out

That is exactly how I was positioned last couple of weeks – 100% cash and not only because market is not sending clear (to me at least) signals, but also due to 2 weeks scuba diving Bermuda “expedition” – quite soon I will be old and incapable of enjoying simple stuff – that is when I will go back to work Smile

 

 

 

 

But I do think that next STRONG move is just around the corner (that is when I trade – when I hope for strong fast moves and I try to stay out when market chugs along boringly )

Wednesday, April 16, 2014

Wednesday, April 02, 2014

10 year rates are about to skyrocket? /ZN TNX

 

Long term /ZN rising channel from 2006 is about to give up?  Does not look like a diamond reversal anymore, thank you Putin for getting upset with moronic JPM actions…

 

Is it just me or the world is accelerating its descent closer to WWIII????

 

But … do not worry – drink beer, watch TeeVee and be happy…

 

2014-04-02_0935

Thursday, March 13, 2014

Copper … full ahead … down

2014-03-13_1959

 

 

TDST Weekly support was tested twice – it is bar 2 of ongoing Buy Setup … and the common De-Mark-ian wisdom says: “ if TDST penetrated on bars before 6-9 …. look down below”

Monday, March 10, 2014

Stopped out by 5 points trailing stop

But will reshort again a little higher – that doji is too tempting. Trading around trading around with TDRL penetration as my “throw the towel again” reference level. Unfortunately 2 days TDRL is quite above 1900 level that is why I am so cautious and not taking big bets and closing out faster than normally would.

 

 

2014-03-10_2247

 

 

Looking at coffee futures and recall me saying on Slope Of Schlopes  site when it was around 115 that “it is has bottomed, but with this volume I am not a game” … well, I wish I made money instead of just been right … when will I be right on the market? I truy expected mid January to be a significant top, still looking at current move up as “overthrow”, but getting increasingly puzzled every day … who knows – may be idiocy of Cramers of this world is the new wisdom … “where else would you put money now if not in stocks” … no valuation mentioned – and it is a way it is in new Aby Normal – who cares … those are tulips, they grow … still!

What is this chart of?

 

 

2014-03-10_1104

 

…nothing says “it is recovery you stupid people” better than crashing iron ora prices … 8% today alone…

Your move MiniTruth!

Sunday, March 09, 2014

Short again

 

 

After been stopped as per plan I defined in http://www.trading-to-win.com/2014/02/that-pride-deep-inside.html I stayed away from the market ( even went to Miami to distance myself from erratic action), but on Friday went short again based on 2 charts

 

1. Copper – went through the TDST support on bar 4 which hints on further strong downside and if that happens with copper – not all is well in fairly tale economy of ours. But I will be watching copper’s action very closely – if it reverses without making new low – we might just have wave C up on our hands

 

2014-03-09_1508

 

2. /ES bar nine sell setup, entered short close to TDRL (red arrow) – will use it as a “mental stop”

 

 

2014-03-09_1510

Monday, February 24, 2014

That pride deep inside

There could be only one Patria – and for me it is a former USSR and it warms me up that even after most of athletes left for European and Northern American countries in pursuit of better money ( For a lot of people “UBI BENE IBI PATRIA”) the most medals were collected by Russia. Who knows – may be 21st century will see new super power and I suspect it will not be USsA anymore and neither China.

 

2014-02-24_1844

 

 

P.S. On the “market note” – I finished trading around my short position and 100% committed on the short side – today’s fluke (without closing on new highs for SPX) presented way better entries that I could hope for – with ability to place stops so very close under today’s highs.

 

If it will not work – I will go flat and sit on hands for a while.

Wednesday, February 19, 2014

Move down started?

Perfect sell setup – when everyone least expects it – so close to all time high on SPX, but if it will work out – reward is huge – could be 150-180 points on /ES

 

2014-02-19_2107

Thursday, February 13, 2014

Today may be the day to reopen /ES short

As always I will play it by ear … /ES short and VIX April calls for me, starting to build short position, will be adding next few days.

 

 

2014-02-13_1231

 

 

And .. I think Natural Gas has consolidated enough and ready to climb much higher

Monday, February 10, 2014

/ES update–head fake is almost over

 

 

First – reference to the comment made few days ago

 

http://www.trading-to-win.com/2014/02/es-nearing-wave-low.html#comment-1234035289

 

“Wave A only printed based on intraday low” … right now I am watching /ES 1810-1820 area, I think that it is a head fake and market luring buy side traders in, but when I look at below 2 charts – I see 1812-1815 as short re-entry.

 

2014-02-10_2322

 

 

2014-02-10_2322_001

 

 

Oh … looks like I was once again right on gold

Thoughts on gold (/YG) 2

 

1280 break will provide strong move to the upside – it will be the second time TDST will be assaulted and this time it will not be pretty for gold idiots shorts who proclaimed that gold was going to … 900…800…600… whatever – I am just here to trade and this blog is nothing more than personal thoughts aloud … and when I make some money I use it to enjoy life … like my last trip to St. Thomas with my friend (she had a photo shoot there and I morally supported her … I hope I have done a good job judging by portraits below Smile)

 

 

SONY DSC

 

 

SONY DSC

 

What???  … you expected pictures made in Magens Bay after tourists left???

Not on this blog LOL

Wednesday, February 05, 2014

/ES nearing wave A low

With following buy point on attempted break of blue line with attempt ( on closing or intraday basis ) to establish DWave A low (lower than February 3rd low)  and start of Dwave B – it will happen tomorrow or Friday, which will produce sudden move up lasting 8-10 trading days and peaking around February 20th 2014 – where secondary great short opportunity will be given to SMART shorts – not IDIOT PERMA BEARS type shorts …

Trade well and don’t be lazy – refer to my prior posts on /ES – panning out perfectly so far – starting with my long term prediction of a MAJOR TOP IN MID JANUARY 2014 )

 

You can make money trading or you can lose money you made writing about trading – long live financial bloggers who can WRITE about trading…

 

2014-02-05_0951

Tuesday, February 04, 2014

Thoughts on gold (/YG) 2

2014-02-04_1657

 

 

So far gold is acting quite in the way I predicted

“What is insane?” And thoughts on gold (/YG)

and I am looking for good secondary long entry after slight selling pressure off TDST subdued.

I think it will be Thursday when wave B will print on daily – as always things might change, but for now that is the plan.

 

 

P.S. Oh .. and support area mentioned here

/ES INSIDE SUPPORT AREA .. for now

produced 17 /es intraday points bounce

trade well

Monday, February 03, 2014

/ES INSIDE SUPPORT AREA .. for now

 

Did not take long since I posted

/ES near support 

and /ES hit that red rectangle precisely .. again – faster than I expected, but that is why I love trading short – it is FASTER when it WORKS

 

Now I will be watching the break of that blue line – if it happen – all hell will break loose, but I think market will stabilize some for few days and set new slightly lower low in 3 days to print wave A on daily chart.

 

2014-02-03_1839

/ES near support

2014-02-03_1240

Sunday, February 02, 2014

/NG Natural Gas Ready for consolidation

2014-02-02_1821

 

 

/NG hit wave 3 target (although MUCH faster than I anticipated … that is what market does – tricks everyone) and ready to take it easy for now

Monday, January 27, 2014

SPX 500 update

Looks like an attempt to form right shoulder longer term – keeping my short /es on the even shorter leash.

Stopped out of /cl crude oil futs

Wednesday, January 22, 2014

It is just like I’ve never left…

Just amazing what a difference … NOT … two weeks might make, I feel like I stepped into the same water in the land of phantasy…

 

The only trade I have on right now is automatically opened long /CL position off that magic upper trendline of my favorite long term triangle (helped to spot breakout back in June 2013 and strong bounce on Nov 15th 2013.

 

Still in the vacation mode, hands still bleeding from tying the knots on my buddy’s yacht and still trying to reach out to my lady friend who accompanied me on my trip (she is a real doll, 23 years younger then I and a really good friend…yes that IS possible between old burnout like myself and someone who played in few Broadway musicals) – stay tuned

 

2014-01-22_1041

 

 

P.S. Starting to look through the charts and so far is feels like my point of view of January 15th 2014 being a major top might just prove to be correct

Monday, January 06, 2014

AAPL

2014-01-06_2352_001

Boringly predictable or NIKKEI /NKD

Small EWJ short opened on combo sell 13 making some money, I am totally unwilling to place any significantly big trades until “end of the year that was 2013” profit taking will end and markets will reveal real intentions. I’ll be keeping it on the short leash around 15550 area. Why this level? Hmm.. – why not?

 

2014-01-06_2339

Thursday, January 02, 2014

“What is insane?” And thoughts on gold (/YG)

 

Garland Greene: What if I told you insane was working fifty hours a week in some office for fifty years at the end of which they tell you to piss off; ending up in some retirement village hoping to die before suffering the indignity of trying to make it to the toilet on time? Wouldn't you consider that to be insane?

 

 

Back to gold – quite an impressive bounce once again off that now famous grey area and weekly TDST (blue horizontal line)

I have no position and I will be watching 1235 (red arrow) and if it gives – 1253 (green arrow) – why you ask? because I think if it will go above 1250ish it will signify trend change in spite of all those self important “gold goes to $600” false prophets.

 

 

2014-01-02_0053

 

I might take a quick short at 1234, but I do not put too much hope in that trade and no matter what it will be short lived indeed.

 

I am still in vacation mood, sitting on sidelines (leaving Jan 1oth with my friend who has photo shoot in St. Thomas – and I jogging along for all the goodies unmarried man might have having such friends LOL ).