Ridiculous Economic Policy Chart Of The Week- US Worker Weekly Earnings
Whatever the central bankers and economic policy makers are doing sure is not helping US workers earn bigger paychecks. The collapse in the growth rate of employee earnings attests not only to the pressure on the wages of existing jobholders, but also to the horseshit, lousy, low-pay jobs the economy is adding while everyone else’s weekly […]
Oil Is Setting Up For A Massive Short Squeeze Before OPEC Doha Meeting
Barclays, BNP Paribas and a bunch of shorts are going to have to cover before the Doha Meeting. Expect the short squeeze to begin sometime this week. (Video length 00:06:43)
S&P 500 Snapshot: Another Day In The Doldrums
Global markets spent the day trading in narrow ranges with fractional changes from their Friday closes. Japan’s Nikkei slipped 0.25%, China’s Shanghai rose 0.17%, the Euro STOXX 50 rose 0.30%. US equities followed suit. Our benchmark S&P 500 traded in a narrow range from its 0.06% intraday high shortly after the open to its -0.49% […]
Navient Declares Second Quarter Common Stock Dividend
WILMINGTON, Del., April 04, 2016 (GLOBE NEWSWIRE) — Navient (Nasdaq:NAVI), the nation’s leading loan management, servicing and asset recovery company, announced today that its board of directors approved a 2016 second quarter dividend of $0.16 per share on the company’s common stock. The second quarter 2016 dividend will be paid on June 17, 2016, to […]
The (Non)Appeal Of More Debt
While continuing to tout an economic recovery that is being missed by far too many, the government and economists say one thing and then move toward the other. The unemployment rate claims one economic version that is talked about openly, but then there are “little things” that various official capacities seek to carry out suggesting […]
Gold Daily And Silver Weekly Charts – Midnight Train To Georgia
“This elite-generated social control maintains the status quo because the status quo benefits and validates those who created and sit atop it. People rise to prominence when they parrot the orthodoxy rather than critically analyze it. Intellectual regurgitation is prized over independent thought. Voices of the dispossessed, different, and un(formally)educated are neglected regardless of their […]
Work Five More Years… And Increase Your Income 117%
Paranoia is sweeping an entire generation, and it’s all about the fear of waking up broke in our 80s. (Spoiler Alert: I’m going to show you why it doesn’t have to be that way…) Most baby boomers are coming to the painful realization that retirement isn’t going to be about sleeping in late and crossing […]
Is This Where The Market Starts To Sell Off At?
I am a little bit surprised the the market has shown no willingness to follow through on Friday’s rally off the the lows. So far today it has simply been a steady decrease in price across all the indices and stocks in general. In fact the decliners are holding a 3:1 advantage over the advancers, […]
Typical Early Week Action
“The successful warrior is the average man, with laser-like focus.” –Bruce Lee We kicked the week off on a bit of a weak note but then support levels held well and we began to bounce back. We’ve got nice gains in all our positions so my stops are a bit loose since I’m trying to […]
EC Overbought, Oversold, And The Great Paradox In Markets
“Overbought!” “Oversold!” There’s not a day that goes by without a pundit using one of these powerful words to support an existing bias. Most interesting, some pundits use the term “overbought” to further a bullish outlook while others use it to justify a bearish outlook. The same is true with the term “oversold.” Unfortunately, there’s […]
