Thursday, March 23, 2017

Amazon Web Continues To Spread Via Digital Assistant

Consumers can now use Amazon's Alexa to order Prime Now deliveries

SEATTLE — Users of Amazon.com's Alexa will now be able to order items for near-immediate delivery using the voice-activated digital assistant, another sign of how the e-commerce giant is trying to transform technological bets into a cash-generators. Prime Now, as the one-to-two hour delivery service is known, offers a more limited selection of items than the…

Wednesday, March 22, 2017

Bleak Energy Outlook

Cracklin' Rosie

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Finally, crude oil has cracked its trendline. Huzzah, Slopers!
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Big Blue Betting On Cloud Based Blockchain

IBM Launches Blockchain As A Service To Be Used By Financial Companies, Other Businesses

IBM announced Monday the launch of IBM Blockchain, a commercial service that will provide enterprise companies the ability to build their own blockchain networks on IBM’s cloud platform. The company also announced the service is already in use or will soon be put to use by a number of businesses including financial service companies and a…

Grim Future For Retail

Sears, Kmart says future in 'substantial doubt' as 108 stores close

The company that operates Sears and KMart warned Tuesday that the struggling retailers might be running out of time to right their business and keep stores open. "Substantial doubt exists related to the company's ability to continue," Sears Holdings said in a filing with the Securities and Exchange Commission. Your local Target could look like this…

Tuesday, March 21, 2017

Unfortunately Not The Only Thing In China Worrying Me

China Worried About a Housing Bubble as Prices Soar

China is worried about soaring home prices in its massive capital city. Beijing announced Friday it would takes steps to keep home prices from spiking further by raising the down payment required for second homes and suspending some housing loans. The new policy announced by the Beijing Municipal Commission of Housing and Urban-Rural Development will see…

Monday, March 20, 2017

And It Begins: Let The Orgy Of Capitalism Commence

Financial Deregulation May Hit Consumers' Wallets

This article originally appeared on The Motley Fool. If President Donald Trump gets his way, Congress will repeal the Dodd-Frank Act and do away with the Durbin Amendment that caps fees charged by banks to process retail debt card transactions. Repealing the Durbin Amendment could cause retailers to increase their prices, and it may be a…

Hands-Off Attitude Of Governments Now The Current Flavor As We Lurch Dangerously To The Right

Laissez-Faire Government Should Concern Every Citizen

If the recent news from Washington isn't a little unsettling, maybe you should look again. A new administration has brought some unconventional thinking to the Oval Office, and the repercussions could be felt for years by American consumers. Among the changes: An executive order that whenever an executive department or agency publicly proposes a new regulation…

Great, The Fire Seems To Be Spreading

Trump's tough trade talk scores a win in battle with G20 powers

Baden-Baden, Germany (dpa) - President Donald Trump's tough talk on trade paid off Saturday when ministers from 20 world powers meeting in Germany agreed to abandon their tradition of championing free trade and rejecting protectionism. "We couldn't be happier with the outcome," said US Treasury Secretary Steven Mnuchin of the two-day meeting of Group of 20…

Sunday, March 19, 2017

I Don't Think He Cares Until It All Goes Horribly Wrong

Democrats: Trump's wiretap claims are hurting diplomatic relations

President Trump's unproven claim that President Obama wiretapped Trump Tower last year is "alarming," eroding diplomatic relations abroad and needs to be put to rest, top Democrats said Sunday. Rep. Adam Schiff said he hopes FBI Director James B. Comey will debunk the claim Monday during a highly anticipated hearing before the House intelligence committee on…

I Understand Everything Else Looks Overbough, But Telecommunications (IYZ) Is Making Moves

I made a very speculative call on Telecommunications ETF IYZ over a month ago and then reversed just two days later. In my defense I did say it was speculative and certain thresholds needed to be met in order to class it as a genuine bullish turn, and so the same warnings apply here. What I am seeing here that I like more than what occurred a month ago is a stronger crossover on my momentum indicators. Furthermore, the fall from July of last year to November was about $5.00 which is about what we are seeing here with the most recent fall starting at the beginning of the year. Overhead resistance is at around $33.50.
Even on the 30 minute chart we've had some nice bullish EMA crossovers with the trend closing in on the EMA(233). Next week amide all the doom-and-gloom that other over-bought sector ETFs are currently experiencing IYZ looks to be a possible sea of calm in an ocean of gathering storms.

Wanna Fight About It?

German defence minister slams Trump statement on NATO as incorrect

Berlin (dpa) - Germany's defence minister on Sunday criticized as "incorrect" US President Donald Trump's assertion that Berlin owes "vast sums of money" to NATO and Washington. Defence Minister Ursula von der Leyen said that "there is no debt account at NATO." She said Germany aimed to reach the benchmark 2 per cent of gross domestic…

Oh....Joy

US Government Could Shutdown In Late April

President Donald Trump’s first foray in the budget process with Congress could ultimately result in a partial government shutdown by the end of April and the military, both stateside and overseas, could be affected, Military Times reported Friday. Trump released his fiscal 2018 budget proposal Thursday and prefaced it with a letter to the legislative branch,…

Saturday, March 18, 2017

Marijuana Industry Continues To Be Legitimized

Pennsylvanians Say Pot Could Supplant Steel Industry

A Pennsylvania mayor said marijuana could successfully replacee many of the jobs lost during the downfall of the state’s steel industry. Community members in Braddock, Pennsylvania, have already requested state approval to build a marijuana cultivation site on a vacant lot that was once occupied by an industrial steel building. Town Mayor John Fetterman told local…

My Roomba Beat Me To A Piece Of Popcorn I Dropped On The Floor. This Is How The War With The Machines Begins.

A second robot staffed hotel opens in Tokyo

Dinosaur receptionists were on standby on Wednesday (March 15) as a second hotel staffed mostly by robots and automatons opened in Tokyo. Media were invited ahead of of customers to check out the nine types of robots that help check guests in, clean the lobby, and entertain guests. Humans staff are available and help maintain the…

Friday, March 17, 2017

I Couldn't Agree More, But Trump Doesn't Like Progressives

Cooperation is the future of ties with US

Premier Li Keqiang speaks to reporters at the conclusion of a news conference after the closing session of the National People's Congress at the Great Hall of the People in Beijing on Wednesday. Xu Jingxing / China Daily Premier Li Keqiang reiterated in his news conference on Wednesday the vital importance of healthy and sustainable Sino-US…

Businesses Responding To A Changing World

New Sustainability Report Shows How British American Tobacco is Responding to a Changing World

Showcasing how British American Tobacco is responding to a changing world is the focus for its latest Sustainability Report, out now. As a key strategic focus area, sustainability is crucial to the delivery of the Group strategy and is integrated across all parts of the business. Now in BAT’s 15th year of sustainability reporting, this new…

Strong Short Opportunity On Junk Bonds (JNK)

Perfect Retrace to Broken Trendline

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High yield seems pretty much doomed……
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Wednesday, March 15, 2017

How About That The OPEC Agreement Isn't Worth The Paper It's Printed On Or That We Are Swimming In Reserves

March madness. What's causing gas prices to continue to plummet?

Is it the luck of the Irish, or all that winter gas that nobody wants that is responsible for gas prices continuing to go lower? Friday was a double shot of good news at the pump. The price of crude oil dropped like a cartoon coyote walking off a cliff to $48.39 a barrel Friday, on…

Boxed In By Four Super-Powers And Not Interested In Cooperating

Diplomat says N. Korea not interested in denuclearization dialogue

North Korea's deputy ambassador to the United Nations said Monday that his country is not interested in dialogue with the United States if it's aimed at denuclearizing North Korea. "If the purpose is making us give up our nuclear program, (North Korea) is not interested in any kinds of dialogue," Ambassador Kim In-ryong, North Korea's deputy…

People Are Forgetting How Much Medical Insurance Contributes To The GDP Since Obamacare

Trumpcare is a disaster. Attacks on CBO are desperate. | Moran

In a crippling blow that could derail Republican plans to replace Obamacare, the Congressional Budget Office Monday predicted a catastrophe, saying 24 million Americans would lose coverage over the next decade if this plan were approved, 14 million over next year alone. No wonder President Trump and his team have spent the last week trying to…