Saturday, January 20, 2018

I Don't Think People Fully Appreciate The Significance Of This Move For The Airline Industry In The Long Run

Norway aims for all short-haul flights 100% electric by 2040

All of Norway's short-haul airliners should be entirely electric by 2040, the country's airport operator said on Wednesday, cementing the Nordic nation's role as a pioneer in the field of electric transport.

Friday, January 19, 2018

Go Toronto!!

Amazon names 20 finalists in search for HQ2

SEATTLE — Amazon on Thursday narrowed the field in its search for a second headquarters city, plucking 20 finalists from among the 238 proposals the retail giant received in October. The list included several cities widely seen as favorites, including Atlanta, Austin, Texas, and Boston.

We Need A Breather. Maybe This Is A "Sell" Signal?!? Probably Not, But It Is Oversold

I've gotten a little cynical of this market because of it's euphoric climb but things have started to get both oversold on short-term and long-term charts. Below is an illustration of a just a few of the charts where I have drawn in the same circle at the end of the chart with lower highs on the RSI(5). I don't have sell signals elsewhere so I'll be honest, yes the market is oversold but I haven't had any confirmations yet. We gotta ride this out!

S&P: SPY

Technology: XLT

Brazil: EWZ

China: FXI

Thursday, January 18, 2018

The China Of Africa (And With A Growth Rate That's Beating Them Too)

Ghana's Economy Will Top Africa in 2018

Ghana is tipped to lead Africa as the fastest growing economy in 2018 with a growth rate of eight per cent as a result of increased oil and gas production, which boosts exports and domestic electricity production.

Wednesday, January 17, 2018

And This Is Just The Beginning, I Suspect

China to step up cryptocurrency crackdown

China is preparing for a new crackdown on cryptocurrency, planning to stamp out remaining trading in the country, according to state media. China will gradually clean up over-the-counter trading platforms, peer-to-peer networks where large exchanges occur and firms registered in the country which allow Chinese to trade overseas, the state-run Securities Journal said Tuesday.

Tuesday, January 16, 2018

Silver Miners Are Breaking Out (SIL)

I haven't posted in a while because of a load of on-calls at the hospital. I haven't written on Silver Miners ETF SIL for ages because its appeared below the MA(144), so why bother? Well, it has rocketed to it over the last month and then paused right at the MA(144). Since then it has finally broken above it which is very bullish. The EMA's are appropriately positioned except for a long-term momentum indicator which is still negative (and this is understandable given the history that SIL is going to have turn before it becomes positive). I think a sizeable investment while this climbs is advised. The inflation trade is now back on!

Reading Something That Makes You Go "Hmmmmmm"

Germany to add China's yuan to currency reserves

Germany's central bank has said it will include China's yuan in its reserves, giving another boost to Beijing's drive to internationalise the currency and helping send the unit to two year highs. The Bundesbank said its board had decided in July to invest in the renminbi, as it is also known, to take account of its growing importance globally, though it did not say when it would begin to include it or how much it would purchase.

Sunday, January 14, 2018

I Think We Can Thank Some Of The Events In Syria For This

EU more dependent on Russian gas despite bid to diversify

Despite repeatedly vowing to reduce its energy dependency on Moscow, Europe is more reliant on Russian gas than ever before -- and there are few signs of this trend reversing. Russian gas giant Gazprom said this month it had completed record deliveries towards Europe and Turkey in 2017 at a total of 193.9 billion cubic metres -- eight percent higher than its previous record, set in 2016.

Sure, But Exchanges In South Korea and Indonesia Are Going Offline

Cryptocurrency rivals snap at Bitcoin's heels

Bitcoin may be the most famous cryptocurrency but, despite a dizzying rise, it's not the most lucrative one and far from alone in a universe that counts 1,400 rivals, and counting. Dozens of crypto units see the light of day every week, as baffled financial experts look on, and while none can match Bitcoin's $200-billion euro ($242 bilion) market capitalisation, several have left the media darling's profitability in the dust.

Saturday, January 13, 2018

I'm Always Bullish On Anyone Developing Composite Materials

Scientists are making carbon fiber from plants instead of petroleum

Cheaper, plant-based carbon fiber could be used to make lighter cars that consume less fuel. Carbon fiber Jeremiah Wong Carbon fiber is the Superman of materials. Five times stronger than steel and a fraction of the weight, it is used in everything from tennis rackets to golf clubs to bicycles to wind turbine blades to passenger airplanes to Formula One race cars.

Ahhhhhhhhhhhhhh!! I Can't Take No More (As I Jump Out Of A Window While Simultaneously Slashing My Wrists)!

Oprah vs Trump in 2020?

Oprah, Democrats have turned their lonely eyes to you. Still smarting from somehow forfeiting the White House to a popular TV celebrity, bruised and bemused Democrats are longing, it seems, for another popular TV celebrity to win it back soon.

Ah, The Irony. The U.S. Mexico Border Wall Would Be Funded By Taxed Marijuana Sales.

Legal Marijuana Would Create One Million Jobs: Report

Legalizing marijuana nationwide would create more than one million new jobs within the next decade, a new study says. Analysis from New Frontier Data, a firm that focuses on the marijuana industry, also found that the federal government would create at least $131.8 billion in federal tax revenue over the next eight years if cannabis were legalized in all 50 states.

Friday, January 12, 2018

My Prediction Is That The U.S. Is Going To Walk From NAFTA

As US-Canada tensions mount, Mexico is measured on NAFTA

In the run-up to the latest North American Free Trade Agreement (NAFTA) renegotiations, friction is high between Canada and the US -- with Ottawa determined not to bow to the Trump administration's demands, while Mexico opts for a more measured approach.

Here We Go Again....Again

Trump’s "Shithole" Countries Are Worth $46.6B In Trade

During a bipartisan meeting on immigration reform Thursday President Donald Trump fumed about how the U.S. takes immigrants from “shithole” countries. Yet the countries—and indeed continents—that angered him are worth billions in trade to America.