Wednesday, 23 July 2014

Wednesday 23July2014 - Other Indicators that Equity Markets Have Peaked!

A couple of charts from Casey Research.










Tuesday, 22 July 2014

Tuesday 22July2014 - Iraq and 3D Printing of Human Tissue!

From James Dines newsletter.

Dines says hold Organovo Holdings; Iraq to split 3 ways Organovo Holdings Inc (U:ONVO)
Tuesday July 22 2014 - In the News

James Dines, writing in a June 27, 2014, issue of the The Dines Letter, says hold Organovo Holdings Inc. at $8.60. (all figures U.S.). He first recommended buying the stock on Aug. 23, 2013, at $5.50. An investment of $1,000 would now be worth $1,565. The editor mentions Organovo only briefly in this newsletter, pointing out that 3-D stocks seem to have completed their consolidation and many, including Organovo, are in uptrends again. Mr. Dines says he expects Organovo will announce any day now that it has 3-D printed its first liver tissue. Elsewhere in the newsletter, the editor says he predicts Iraq will be dismembered into its Sunni, Shiite and Kurd areas, using DINOPA, "the Dines Nature of Paradox." A big paradox currently exists in Iraq, he says. For 15 years America laboured to stop Osama bin Laden. Now, the border between Iraq and Syria is busted and a supranational state is emerging, he warns. This is exactly what bin Laden wanted, Mr. Dines says, an Islamic state with surviving Muslims united worldwide in one nation under Sharia law. The editor says irony is the punishment for not having understood paradox.

© 2014 Canjex Publishing Ltd.
Tuesday 22July2014 - Canadian Dollar and Euro Outlook!

Charts from Black Swan Capital.

Looks like the Canadian dollar rally vs the US dollar is over.
For Canadian investors Look to go long the US dollar.
Watch for a break above the trendline and 1.0793.
And short the Euro vs the US dollar with EUO on NYSE.



Monday, 21 July 2014

Monday 21July2014 - Where Go Interest Rates?

Chart from Danielle Park's web site.

US 10 year treasury bonds headed toward 2.3%.
Will support develop here or will interest rates break lower?

Wednesday, 16 July 2014

Wednesday 16July2014 - Back To The Past!

Chart from Danielle Park website showing that the TSX has finally made it back to 2007 index highs.

Tuesday, 17 June 2014

Tuesday 17June2017 - Market Top Action!

From Danielle Park's web site:

As shown in this remarkable chart below, levered risk-taking–borrowing to buy on margin (red line)–began turning lower in 2011 (as it had done at prior market peaks in both 2000 and late 2007), but then re-surged with QE inspired speculation into February 2014. Since then, the margin tide has been receding once more. It looks like Central Banks are going to need some bigger, better gimmicks to turn this mean reversion process around, because historically, as margin falls, so do stock prices (S&P in blue).

Tuesday 17June2014 - The Top Line Once Again!

From Danielle Park's web site.

It is a remarkable deja vu to behold: the Canadian stock market in June 2014 is once more within striking distance of its all time global-debt-fuelled-consumption-commodity-bubble-peak briefly seen 6 long years ago in June 2008. Four short months later, the index had lost 50% of its value by October 2008 (as it also did from its previous peak in the 2000 dot-bomb implosion). But Canada has much more going for it today than in 2007-08 right? With our top 3 world’s most expensive real estate markets, most indebted consumers ever and weakening global demand for our exports, surely this time will be different?