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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Hawkmoon who wrote (17255)9/23/2015 2:24:29 PM
From: The Ox1 Recommendation

Recommended By
Hawkmoon

  Respond to of 33421
 
There are some very interesting factors going on with the US economy that make it hard to gauge just how weak or strong it is at the moment.

Yet, people are trying to convince us that the economy is "stabilizing"..



Only one example is the steel industry. Are the stock charts of X or MT indicative of the underlying steel industry in America or is the fact China is (it appears illegally) dumping cheap steel into the US causing a disconnect?

Was China the real reason the FED didn't tighten or were the FED afraid of another US government shutdown like a few years ago? If the government shuts down again, shave a few tenths of a percent point of GDP for every couple weeks it's closed!

I suppose people like iso will say I'm just being emotional (vbg).....



To: Hawkmoon who wrote (17255)9/24/2015 11:09:38 AM
From: isopatch3 Recommendations

Recommended By
Hawkmoon
John Pitera
roguedolphin

  Read Replies (1) | Respond to of 33421
 
That's been my narrative since 2008. I'd rather error on the side of caution, in an investment and trading environment as unstable as this one where risks are not as easily quantifiable, as previous market cycles. Perhaps I'm wrong, but over my decades as a full time professional trader, witnessed the gradual evolution of a less and less level playing field for individual investors. But if I were wrong? I'd be losing money. In fact, per my posted real time trades, and large investments in our local real economy, just the opposite is true. That's strong evidence I'm not wrong.

All websites contain some lo quality analysis. However, Zero Hedge, AND many other websites I've cited in my posts - for many years on SI - do a good job highlighting some of the reasons for the trend toward greater opacity and growing manipulation of various markets which began, in earnest, with the formation of the plunge protection team in the 1987 crash.

Gradual at first, the disinformation and outright concealment in the financial MSM has grown more rapidly in the past 15 yrs. then came the dark pools and an increasingly corrupt/complaint SEC and CFTC.

I've no problem with those who hold opinions different than mine. Only ask that those opinions include evidence to support them.

Have to leave it there and get back to work planning and timing a couple of bids on local natural gas properties, then digging more sweet potatoes with my son..))

Busy busy....

Cheers,

Iso



To: Hawkmoon who wrote (17255)9/24/2015 9:47:33 PM
From: John Pitera1 Recommendation

Recommended By
Hawkmoon

  Read Replies (1) | Respond to of 33421
 
Excellent Chart of Global CB QE and stimulus activity by Greg Schnell . The global economy is not "stabilizing"..... It truly is incredible this call to eliminate cash from the economy.....

The chart below is a chart labelling some of the QE that has gone on in the biggest economies. Notice the green is the US monetary policy and most of the US monetary policy action is on the left side of the chart. The only red box shows when the US QE ended. Currently the other three major economic areas of Asia and Europe are applying more stimulus and it dominates the right side of the chart.