Search This Blog

Monday, August 31, 2015

Monday's Results In The Wall Street Bucket Shops

#SubscriberNotes have been updated on the website. Stocks plummeting again. Are bonds still the safe haven play?

Sunday, August 30, 2015

Today's Results In The Wall Street Bucket Shops

#SubscriberNotes and #WeekendAnalysis have been updated on the website. Consolidation time now?

Thursday, August 27, 2015

Thursday's Results In The Wall Street Bucket Shops

#SubscriberNotes have been updated on the website. Upcoming cycle lows in equities should correspond to a selling opportunity in bonds.

Wednesday, August 26, 2015

Wednesday's Results In The Wall Street Bucket Shops

#SubscriberNotes have been updated on the website. Is the Crash of 2015 over? Or, half over?

Tuesday, August 25, 2015

Tuesday's Results In The Wall Street Bucket Shops

#SubscriberNotes have been updated on the website. Will the bond market give the Fed the go-ahead for a rate hike? Answer: Yes, in September.

Monday, August 24, 2015

Monday's Results In The Wall Street Bucket Shops

#SubscriberNotes have been updated on the website. CNBC is fooling investors once again. Today, Tom McClellan told them to change, but they won't.

Saturday, August 22, 2015

Utility Scale Solar Is NOT Cheaper Than Residential Solar

The utilities would like for you to believe that they can do solar cheaper than you. But, it's not true.

Questioning Solar Energy Economies of Scale, 2014 Edition points out that while installing solar arrays is cheaper in quantity, the cost of delivering that power to consumers eats up all of the cost savings over residential solar. Undoubtedly, the utilities are fighting for their lives with customers defecting from the grid more and more by installing solar+storage on their rooftops and cutting the cord. Utilities want to convince politicians that they know what's best for consumers and make it illegal for individuals to switch to distributed generation of electricity. And, they're going to lie to protect their monopoly.

Yet more reason that consumers should demand government subsidies to help install their own solar panels and batteries to cut the cord with the electric utilities.

The Latest Government Lies About Climate Change

Everybody has their conspiracy theories. Like, for instance, why the government is lowballing the odds of climate change wiping out life on earth.

Last week, the EPA released a report which lowballed the effect methane gas has on Global Warming. According to How The EPA And New York Times Are Getting Methane All Wrong by Joe Romm, the 100-year Global Warming Potential (GWP) of methane is 34, but the government tells us it's just 25, a figure that's 20 years out-of-date. He shows that the EPA knows that figure is out of date and uses it anyway. That means the government is underplaying the potential for methane gas to exacerbate the problems caused by CO2 in warming the planet.

The big question is whether the EPA is protecting the oil and gas industry by lowballing the facts? It certainly looks like it. Put that possibility on the table, along with the fact that Shell has been recently permitted to resume its Arctic Ocean drilling operations and the fact is that the government is not trying to limit the damage from greenhouse gasses—it's trying to protect the big polluters who are likely bribing government bureaucrats.

And, once again, the truth is that the government is not the solution to climate change. It's part of the problem. It will be up to private citizens to act to end climate change, not the public officials who are secretly being enriched by the 1%.

Friday, August 21, 2015

Free Report: Pandemonium in the Stock Market


Markets are moving! Want to get onboard?

By Elliott Wave International

"When the alarm goes off and the dreamers awake, it will be pandemonium in the stock market." -- Bob Prechter, from the just-released Elliott Wave Theorist.

You would agree that markets around the world have served investors a lot of surprises lately:

  1. Crude oil just fell to $40 a barrel, a 6 1/2-year low.

  2. Gold -- after hitting lows not seen in five years and disappointing just about every gold bug on the planet -- just broke above $1150 an ounce.

  3. The U.S. dollar, doomed to failure by the mainstream consensus a few years ago due to the Fed's "inflationary" QE policies, is enjoying strength not seen in years.

  4. Chinese stocks, up almost 60% YTD into their July peak, suddenly crashed, sparking fears of global contagion.

And almost every step of the way, Elliott wave price patterns have guided us and our subscribers:

  1. Last November, a joint bulletin from our Elliott Wave Theorist and Elliott Wave Financial Forecast called the low in gold and silver to within two days. Last month, on July 24, we issued another bullish bulletin -- the exact day of the intraday lows in gold and silver after four years of decline.

  2. On June 6, 2012, we sent to subscribers a Special Report calling the low in 10-year T-bond yields after 31 years of decline. The top in T-bonds came right around the same time.

  3. Crude oil has followed its Elliott wave script since 1998, including the all-time high near $150 in 2008 and the more recent secondary peak -- one from which oil fell to $40 a barrel this week.

  4. Wave patterns warned us of the huge declines in commodities -- and the huge rally in the U.S. dollar, both against nearly universal disagreement.

Plus, says Bob Prechter in the new Elliott Wave Theorist,

"With rare foresight, our European and Asian analysts predicted the failure of both the Swiss franc peg and the Chinese yuan peg, dramatic events that caught economists completely off guard. You have to know a lot about markets to do these things."

Yet the credit doesn't go entirely to our analysts -- it goes to the Elliott wave method. For the past 80 years, waves have warned thousands of investors about risks -- and new opportunities! -- at countless market junctures.

Today's #1 story is the 358-point sell-off in the Dow. Both the DJIA and the S&P 500 are now in the red for 2015.

Even the white-hot NASDAQ ended the day with a 3% decline

Is this a "normal correction" -- or are the "bubble days" really over?

Prechter's new Elliott Wave Theorist -- which got published just yesterday (Aug. 19) -- says:

"When the alarm goes off and the dreamers awake, it will be pandemonium in the stock market."

We invite you to read this special free report "Pandemonium in the Stock Market" from Elliott Wave International. It features analysis and insight into the conditions leading up to the market turmoil we're seeing right now.


Free Report: Pandemonium in the Stock Market

In this just-released report, you'll see new excerpts from our two flagship monthly publications, The Elliott Wave Theorist and The Elliott Wave Financial Forecast. Get valuable insight into the volatility we saw in the markets this week. We think you'll come away better prepared than most investors.

Get the free report now >>

This article was syndicated by Elliott Wave International and was originally published under the headline Global Stocks Slide. EWI is the world's largest market forecasting firm. Its staff of full-time analysts led by Chartered Market Technician Robert Prechter provides 24-hour-a-day market analysis to institutional and private investors around the world.

Thursday, August 20, 2015

Thursday's Results In The Wall Street Bucket Shops

#SubscriberNotes have been updated on the website. Gold miners continue to rise as we're early days in a new intermediate term T.

Wednesday, August 19, 2015

Wednesday's Results In The Wall Street Bucket Shops

#SubscriberNotes have been updated on the website. Crazy intraday volatility in equities as the bond market heads for a significant turn.

Tuesday, August 18, 2015

Tuesday's Results In The Wall Street Bucket Shops

#SubscriberNotes have been updated on the website. Our best indicator is poised to break up or break down. Very soon, we'll have direction.

Monday, August 17, 2015

Monday's Results In The Wall Street Bucket Shops

#SubscriberNotes have been updated on the website. Breadth is showing bullish divergence as the WWW to OPEX rally continues.

Saturday, August 15, 2015

Today's Results In The Wall Street Bucket Shops

#SubscriberNotes #WeekendAnalysis have been updated on the website. The pattern is dangerous, but would allow for a multi-week rally here.

How Cheap Can Solar Get? Very Cheap Indeed

Ramez Naam writes in How Cheap Can Solar Get? Very Cheap Indeed “If current rates of improvement hold, solar will be incredibly cheap by the time it’s a substantial fraction of the world’s electricity supply.” He concludes:
If solar electricity continues its current learning rate, by the time solar capacity triples to 600GW (by 2020 or 2021, as a rough estimate), we should see unsubsidized solar prices of roughly 4.5¢ / kWh for very sunny places (the US southwest, the Middle East, Australia, parts of India, parts of Latin America), ranging up to 6.5¢ / kWh for more moderately sunny areas (almost all of India, large swaths of the US and China, southern and central Europe, almost all of Latin America).
And beyond that, by the time solar scale has doubled 4 more times, to the equivalent of 16% of today's electricity demand (and somewhat less of future demand), we should see solar at 3¢ per kWh in the sunniest areas, and 4.5¢ per kWh in moderately sunny areas.
If this holds, solar will cost less than half what new coal or natural gas electricity cost, even without factoring in the cost of air pollution and carbon pollution emitted by fossil fuel power plants.
As crazy as this projection sounds, it's not unique. IEA, in one of its scenarios, projects 4¢ per kWh solar by mid century.
Fraunhofer ISE goes farther, predicting solar as cheap as 2 euro cents per kWh in the sunniest parts of Europe by 2050.
Obviously, quite a bit can happen between now and then. But the meta-observation is this: Electricity cost is now coupled to the ever-decreasing price of technology. That is profoundly deflationary. It's profoundly disruptive to other electricity-generating technologies and businesses. And it's good news for both people and the planet.

Friday, August 14, 2015

(Interview) "The World is Awash in Oil"


...But does that mean that oil prices will only go down from here?

By Elliott Wave International

In this new interview with Elliott Wave International's Chief Energy Analyst, Steve Craig, you'll learn where he sees prices going next.

*Editor's note: this interview was recorded on August 12; the price low cited in the video was broken on August 13.


Market Myths Exposed

Free Report: "Peak Oil" -- And Other Ways Crude Oil Fooled Almost Everyone

These excerpts from Robert Prechter's Elliott Wave Theorist highlight the flaws in the conventional approach to forecasting oil prices -- and show you why oil fooled almost everyone.

Take 10 seconds to get a free Club EWI password now -- and get instant access to this free report >>

This article was syndicated by Elliott Wave International and was originally published under the headline (Interview) "The World is Awash in Oil". EWI is the world's largest market forecasting firm. Its staff of full-time analysts led by Chartered Market Technician Robert Prechter provides 24-hour-a-day market analysis to institutional and private investors around the world.

Thursday, August 13, 2015

Thursday's Results In The Wall Street Bucket Shops

#SubscriberNotes have been updated on the website. "Everyone out of the pool" is the message. Where it's coming from is key.

Tuesday, August 11, 2015

Tuesday's Results In The Wall Street Bucket Shops

#SubscriberNotes have been updated on the website. Traders continue flip between too bullish and too bearish. Today was a good example.

The Evil Behind Climate Denial: Papa Johns

Every time you buy pizza at Papa Johns, you're supporting the Koch empire of climate denial. We are going up against the greatest challenge to the continued existence of life on Earth, folks. Support for the climate deniers is simply insanity in action. We must boycott any climate denier and Papa Johns is the latest denier which must be boycotted. For more information, see American Family Voices.

Monday, August 10, 2015

Monday's Results In The Wall Street Bucket Shops

#SubscriberNotes have been updated on the website. Did we see the seasonal low in stocks?

Sunday, August 09, 2015

Today's Results In The Wall Street Bucket Shops

#SubscriberNotes #WeekendAnalysis have been updated on the website. Good things tend to happen seasonally this time of year.

Thursday, August 06, 2015

Thursday's Results In The Wall Street Bucket Shops

#SubscriberNotes have been updated on the website. What will the central banks do when the stock market finally crashes? There's the rub.

Wednesday, August 05, 2015

Wednesday's Results In The Wall Street Bucket Shops

#SubscriberNotes have been updated on the website. "Rats Deserting the Sinking Ships" accurately describes Disney and the Dow Industrials.

Tuesday, August 04, 2015

Tuesday's Results In The Wall Street Bucket Shops

#SubscriberNotes have been updated on the website. What fundamental indicators are saying could be surprising to many.

Monday, August 03, 2015

Monday's Results In The Wall Street Bucket Shops

#SubscriberNotes have been updated on the website. Correction continues as expected.

President Obama on America's Clean Power Plan

President Obama announces the final version of America's Clean Power Plan, the biggest, most important step we've ever taken to combat climate change.

Sunday, August 02, 2015

Today's Results In The Wall Street Bucket Shops

#SubscriberNotes #WeekendAnalysis have been updated on the website. Subscribers continue to profit from our advice.