Jump to content
Sign in to follow this  
cgnao

WED JUL 8 18:46:08 UTC 2015

Recommended Posts

They have the newsline

http://www.wired.com/2015/08/twitter-stock-falls-ipo-price-first-time/

and Netflix

Apple has the potential to cause serious damage though

 

$661 Bill in market cap

and the potential to loose 75% of its value now Jobs is pushing up daisies.

That would be messy.

 

AAPL / Apple Corp ... update

aa_zpsnhvjp8bg.gif

 

Looks like AAPL may be headed to the 200wk MA near $90

Share this post


Link to post
Share on other sites

This is beginning to look a bit tasty, lots of volatility on the US stock market openings and that old marker of volatility from 2007/8 the GBPJPY is moving a couple of hundred pips up and down in 5 minutes, we haven't seen this since the Swiss revaluation or the 2010 flash crash. Pretty soon, people will be begging the Fed to keep shovelling lorryloads of cash to banking cartels help hard working families.

Share this post


Link to post
Share on other sites

DJI Up about 950 points in the last hour. Are there still any people left who think that these markets aren't 100% fixed, guaranteed?

Share this post


Link to post
Share on other sites

"If you're with me, you should be on the positive timeline...."
- CMJ

 

I do hope that those reading My Diary, are also onboard:

 

(first posted Months AGO on the Shemitah thread - suggesting a mid-Sept. Low):

DOW 2015 ... Update : 10d : 2d

Dow -449.00 / -2.73%3.photobucket.com/user/jimolsen2/media/AA-no2/AC8/Shem-15_zpsi2gm5nu0.gif.html'>Shem-15_zpsi2gm5nu0.gif

=========

 

(from today):

That INDU-15500 support line was a pretty good guess : INDU

 

NBCNews.com - ‎24 minutes ago‎
Stocks nose-dived at the opening bell Monday on Wall Street.
Within minutes of the first trades, the Dow Jones industrial average plunged 1,000 points.
And the GLD/ Gold resistance level of $112. $1167 (mentioned above) still works : GLD
= may go soon, but not if Silver stays so weak
Apologies to those who do not feel fine today

Share this post


Link to post
Share on other sites
Devaluation Stunner: China Has Dumped $100 Billion In Treasurys In The Past Two Weeks

 

in the past two weeks alone China has sold a gargantuan $106 (or more) billion in US paper just as a result of the change in the currency regime!

But wait, there's more: recall that one months ago we posted that "China's Record Dumping Of US Treasuries Leaves Goldman Speechless" in which we reported that China has sold some $107 billion in Treasurys since the start of 2015.

When we did that article, we too were quite shocked at that number. However, we - just like Goldman - are absolutely speechless to find out that China has sold as much in Treasurys in the past 2 weeks, over $100 billion, as it has sold in the entire first half of the year!

... the bigger question is how much more does China have left to sell, if this pace of outflows continues.

Share this post


Link to post
Share on other sites

7.75% growth for China is too high.

 

Maybe 4-5% is closer

Share this post


Link to post
Share on other sites

7.75% growth for China is too high.

 

Maybe 4-5% is closer

still just a matter of time.

 

And that's assuming the US is successful in continuing to slow their economy.

 

Q1 they were still 7% annualised.

And that was with deflationary pressures.

 

Remember Chinese growth is coming from an enormous urbanisation program. From some 40% to a target of 95%.

Educating, and increasing the productivity of some 700Billion people, gives them the potential to grow by the size of the US economy some twice over.

Share this post


Link to post
Share on other sites

1.

Economists: China’s not able to handle slow growth

Wednesday, August 26, 2015

The Chinese economy, the main driver of the recent global stock sell-off, is fundamentally ill equipped to handle slowing growth, partly because the Chinese have never been here before, economists said.

 

“In China, it comes down to whether they can measure this gigantic rebalancing of their economy,” said Jan Randolph, director of sovereign risk for IHS Economics and Country Risk. “The old model of relying on exports, credit, investment driven, has hit the end of the road. They got the economy out of the 2009 recession, but now as demand has slowed you see these ghost towns and half-used factories.”

Structural reform typically takes around three years, Randolph said. China, he said, could take up to five years partly because many of the challenges currently facing its economy are without precedent.

China’s middle class needs to go out and shop until they drop, for starters. Spending on goods and services accounts for only 
25 percent to 30 percent of China’s total economy, Randolph said, a figure that is closer to two-thirds in both the U.S. and Europe.

“(The West) has an easier way to get through these booms and busts,” he said. “This is all terribly new for Asia.”

==

> https://www.bostonherald.com/business/business_markets/2015/08/economists_china_s_not_able_to_handle_slow_growth

 

2.

Nobody believes China's growth figures — and the truth could be much worse

mike-bird.jpg
Aug. 10, 2015, 8:17 AM
iron-fireworks-china-industry-manufactur
Lintao Zhang/Getty ImagesChinese blacksmiths preparing to throw the molten metal against a cold stone wall to create sparks in Nuanquan, Hebei Province

The latest data on the Chinese economy released on Saturday show exports down 8% year-on-year. By any measure, China's expansion is losing steam.

But working out the pace of the slowdown is extremely hard to do.

 

Based on several indicators, the Chinese economy is growing between about 4% and 7% a year. That's not exactly a small gap, and the truth matters enormously for China, Asia, and beyond. The country has a ballooning debt issue that will be much harder to deal with if growth is slow.

Share this post


Link to post
Share on other sites

1.

Economists: China’s not able to handle slow growth

Wednesday, August 26, 2015

 

 

 

 

 

The Chinese economy, the main driver of the recent global stock sell-off, is fundamentally ill equipped to handle slowing growth, partly because the Chinese have never been here before, economists said.

 

“In China, it comes down to whether they can measure this gigantic rebalancing of their economy,” said Jan Randolph, director of sovereign risk for IHS Economics and Country Risk. “The old model of relying on exports, credit, investment driven, has hit the end of the road. They got the economy out of the 2009 recession, but now as demand has slowed you see these ghost towns and half-used factories.”

Structural reform typically takes around three years, Randolph said. China, he said, could take up to five years partly because many of the challenges currently facing its economy are without precedent.

China’s middle class needs to go out and shop until they drop, for starters. Spending on goods and services accounts for only 
25 percent to 30 percent of China’s total economy, Randolph said, a figure that is closer to two-thirds in both the U.S. and Europe.

“(The West) has an easier way to get through these booms and busts,” he said. “This is all terribly new for Asia.”

==

> https://www.bostonherald.com/business/business_markets/2015/08/economists_china_s_not_able_to_handle_slow_growth

 

2.

Nobody believes China's growth figures — and the truth could be much worse

 

 

 

mike-bird.jpg

Aug. 10, 2015, 8:17 AM

 

 

 

 

 

iron-fireworks-china-industry-manufactur

 

Lintao Zhang/Getty ImagesChinese blacksmiths preparing to throw the molten metal against a cold stone wall to create sparks in Nuanquan, Hebei Province

 

 

The latest data on the Chinese economy released on Saturday show exports down 8% year-on-year. By any measure, China's expansion is losing steam.

But working out the pace of the slowdown is extremely hard to do.

 

Based on several indicators, the Chinese economy is growing between about 4% and 7% a year. That's not exactly a small gap, and the truth matters enormously for China, Asia, and beyond. The country has a ballooning debt issue that will be much harder to deal with if growth is slow.

 

 

 

 

Read more: http://uk.businessinsider.com/why-nobody-believes-chinas-growth-figures-and-the-truth-could-be-much-worse-2015-8#ixzz3k4enHsGr

Lies.

 

The truth is here:

http://news.xinhuanet.com/english/china/2015-01/20/c_133932396.htm

BEIJING, Jan. 20 (Xinhua) -- China's permanent urban residents stood at 749.16 million at the end of 2014, accounting for 54.77 percent of the country's total population, new data showed Tuesday.

The proportion rose from a ratio of 53.73 percent at the end of 2013, the National Bureau of Statistics (NBS) said in a statement.

 

1% of the Chinese population moved into new shiney cities last year.

Thats 13,570,000 people

 

In terms of growth potential

https://en.wikipedia.org/wiki/Urbanization_by_country

 

which is why

http://www.forbes.com/sites/niallmccarthy/2014/12/05/china-used-more-concrete-in-3-years-than-the-u-s-used-in-the-entire-20th-century-infographic/

China Used More Concrete In 3 Years Than The U.S. Used In The Entire 20th Century

 

The difficulty for the likes of the WB and IMF, is a lot of this is happening off balance sheet (aka communism).

 

(This knowledge is prohibited, Lizard attack likely)

Share this post


Link to post
Share on other sites

More fleecing of the small guy

 

http://www.washingtonpost.com/business/economy/mini-flash-crash-trading-anomalies-on-manic-monday-hit-small-investors/2015/08/26/6bdc57b0-4c22-11e5-bfb9-9736d04fc8e4_story.html

 

Mini flash crash? Trading anomalies on manic Monday hit small investors.

 

.... Millions of these Main Street investors were locked out during the crucial hour when the worst hit, just as markets opened Monday. Popular trading platforms run by TD Ameritrade, Scottrade and others ran slow or not at all as panic grabbed hold. It took just six minutes for the Dow Jones industrial average to suffer its biggest drop in history. And these investors could only watch.

“It makes me wonder if a guy like me has a fair chance or not,” said Israel Hernandez, a lawyer in Casa Grande, Ariz., who could not log onto his online broker.

In a blink, mayhem descended. Strange glitches emerged. Stocks fell like rocks, only to shoot back up minutes later. Exchanges spit out the wrong prices for widely held funds. These problems are now being fingered as a potential reason many investors could not trade. Some experts are now calling it a flash crash...

 

In 15 minutes, the SPDR S&P Dividend ETF — heavily sold via TV ads — dropped 33 percent. It shot right back up 30 minutes later. And the stocks tracked by the ETF never fell that far.

It was like nothing happened — except for investors who had automatic “stop-loss” orders triggered by the brief fall. Those investors locked in heavy losses. “The retail guy got crushed,” sid Joe Saluzzi, partner at Themis Trading, a brokerage firm. “That shouldn’t be allowed.”

Share this post


Link to post
Share on other sites

Hyperinflation here we come!!!

 

http://www.zerohedge.com/news/2015-08-27/its-official-china-confirms-it-has-begun-liquidating-treasuries-warns-washington

 

It's Official: China Confirms It Has Begun Liquidating Treasuries, Warns Washington

 

now that China's UST liquidation frenzy has reached a pace where it could no longer be swept under the rug and/or played down as inconsequential, .... it would appear that the only way to prevent China and EM UST liquidation from, ..."choking off the US housing market," and exerting a kind of forced tightening via the UST transmission channel, will be for the FOMC to usher in QE4.

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  

×