2018: Common Fatal Investing Mistake In Play?
I found this video produced by Ciovacco Capital to be quite valuable. When we are in a scenario like the current with many mixed signals we can get sucked into making some poor decisions. Not that I totally agree with their take on buy and hold especially for this stretched of a market there is some good information. Take a watch and let me know what you think.
Off Topic:
A need to indict Comey.
Firing him IS NOT ENOUGH:
There are many signs flashing red for the economy.
Commercial loans have hit higher peaks. (Peaked out September 2017)
Consumer loans have far outpaced income.
China has stopped buying Treasuries, which implies interest rates may HAVE to rise.
Banks balance sheets are now deteriorating!
X22 Report:
https://www.youtube.com/watch?v=-2LYEo-eUzU
Deutsche Bank appears bankrupt if it had to mark to market.
We need to return to 1873……….
https://www.zerohedge.com/news/2018-04-16/there-no-patriotic-duty-pay-more-tax
In 1873 during the administration of Ulysses S. Grant, the government abolished its income tax.
And the country achieved this with no income tax. No inflation. And very little public debt.
Public debt……when you fund a lousy politician…..$76,000 a month for pension, like in Oregon…..
If you own a drone (as many Realtors do) you might want to read this:
https://www.documentcloud.org/documents/3728796-Government-Drone-Hacking-Destruction-Proposal.html
I agree with decriminalizating all drugs.Call me liberal,ok.
Once again I say get those addicted into a rehab program and help those you can.
If you happen to find the Lord in rehab,this does not obsolve you from paying for your crimes.
Are you listening G.W?
decriminalizing
Johnk
Portugal did that and they have near zero drug crimes and drug use has plummeted. Bravo for you.
Guess what?
The judge that authorized the raid on Cohen, was the judge that presided over Soros’ wedding last year.
Is she an extreme liberal or just a corrupt piece of (expletive deleted).?
Interestingly, the judge had previously issued search warrants allowing the FBI to monitor Cohen’s emails and phones.
McCabe: X22:
Mayor Says SpaceX To Build New Rocket In Port Of Los Angeles
By JOHN ANTCZAK – Associated Press – 36 minutes ago
LOS ANGELES (AP) — SpaceX has chosen to manufacture its planned big, new rocket in the Port of Los Angeles, Mayor Eric Garcetti announced Monday in his annual state-of-the city speech.
The mayor said it’s a “vehicle that holds the promise of taking humanity even deeper into the cosmos than ever before.”
The city Board of Harbor Commissioners will vote Thursday on whether to lease 19 acres to SpaceX for the manufacturing site. The commission’s staff has recommended approval of an initial 10-year term, with two 10-year options, at an annual rent of approximately $1.38 million.
While SpaceX calls its existing rockets Falcons, CEO Elon Musk simply refers to the planned new rocket as the BFR.
It’s intended to serve all purposes, from missions into Earth orbit and out to the moon and Mars. Musk has said he aspires to launch his first cargo missions to Mars in 2022.
Musk also proposes to use the BFR for high-speed trips from point-to-point on Earth, such as New York to Shanghai in 39 minutes.
SpaceX, based in the Los Angeles suburb of Hawthorne, already uses the Port of Los Angeles for missions that recover Falcon 9 first-stage boosters on a floating platform in the Pacific and when it recovers supply capsules that parachute into the ocean after missions to the international space station.
“SpaceX has called the Port of Los Angeles home to our west coast recovery operations since 2012 and we truly appreciate the City of Los Angeles’ continued partnership,” Gwynne Shotwell, SpaceX president and COO, said in a statement.
“As announced today by Mayor Garcetti, the Port will play an increasingly important role in our mission to help make humanity multi-planetary as SpaceX begins production development of BFR — our next generation rocket and spaceship system capable of carrying crew and cargo to the Moon, Mars and beyond.”
The agenda for this week’s Harbor Commission meeting says the SpaceX’s new operation in the port would be a research, design and manufacturing facility for rockets and spacecraft.
“The rockets, once complete, would be too large for reasonable transport by road and thus must be transported by barge or ship, necessitating that the facility be water adjacent,” it says.
Harvey hit the wall …..Illinois……pension problem………..
https://www.zerohedge.com/news/2018-04-16/first-domino-falls-illinois-400-more-funds-follow
Harvey Wall Banger……needs a lift……over indulged in the garnish and self enrichment.
funny how a court, and a judge, on the take, will come up with a brilliant plan to fund a system over enriched to begin with……
an Illinois court ordered the municipality to hike its property taxes to properly fund the Harvey firefighter pension fund
The judge is thinking of his own paycheck.
agree………
most of the judges are on the take, ….one way or another………..
Elon Musk is a “Gatekeeper” So is Bezos.
If Mr Musk doesn’t figure out soon how to produce cars without a BFL, (Big Fricken Loss) he can forget about going to the moon and beyond.
http://stockcharts.com/h-sc/ui
Elon is toast………electric is out………Oil is in control……real simple , when Dems are in alternative fuels are great, when Repubs are in oil is king…..
Hi Jerry:
Over 7,000 wells drilled waiting to be fracked in the U.S as we speak.
Hi John…
Thanks for the info
Sorry about the chart. Stockcharts wants some money.
Tell em , go fly a kite…….who needs a chart, unless you are Columbus looking for America
Good one Jerry.
🙂 thanks
I believe SpaceX is profitable even though it charges 1/10 price of NASA for launching a satellite.
Spacex will make a BFR rocket in the port of L.A.
It just laucned Tess to look for another planet for you JohnK
Sign me up CFS.
I’m still waiting for the E.T’s to come pick me up.
And speaking of Oil.
What did Bill Clinton have while over 500,000 women and children were dying in Iraq?
Why of course he had an Eraqion.Eraqion; see M. Lewinsky.
Madeline says it was worth it, so it’s all good.Even though she is on record saying she wish she had never said it.
No mention of the dead Iraqi women and children.
Really sick and sad, we have people like that in leadership …….but, America is sick..
Jerry:
It’s no coincidence that Internet Explorers homepage has no less than 6 stories on the British Royals every day.
more of the same
https://nationalvanguard.org/2018/04/bloodthirsty-zionism/
I did not realize there are 52 ………
The Fifty-Two Major Jewish American Organizations and Israel Celebrate Passover with the Slaughter of Twenty-Five Muslim, Christian and Secular Palestinians
The United States Ambassador to the UN, Nikki Haley, prevented any investigation into the ongoing Israeli war crimes. She characterized Israel’s mass murder of unarmed Palestinians as ‘defensive action against terrorists’.
The key to Israel’s impunity lies in a chain of command beginning with the local grass roots of hundreds of fanatical, unconditional Zionist-Israel First organizations in the US.
Just part of the ZIONIST (fake Jews)…..power grab, with the held of stupid christians, which by the way, are being slaughtered……
held….to help
The jews forgot to read. but, they did not believe Jesus….Matthew 22:39
39 And the second is like unto it, Thou shalt love thy neighbour as thyself.
Here is a good one……Trump replacing Troops with Arabs……this will give the go ahead for all zionists to bomb the heck out of syria., because the zionist want the land and what is underneath
https://www.zerohedge.com/news/2018-04-17/white-house-hoping-raise-multinational-arab-fighting-force-replace-us-troops-syria
Jerry:
It is truly amazing to me that this was allowed to happen.
But then again, access to information wasn’t readily available as it is today.
There are a lot more christians……that know how to rightly divide the word or have been allowed to wake up……., and dividing the who from the do……is a step forward.
And I agree…..it is amazing.
G.W also had an Eraqion. Seems he liked the Chocolate bunnies.
Big Al said that he thought the U N was a “Paper Tiger” I agree.
Theresa May said the attack was absolutely in Britain’s National Interest.
I wonder what that is?
Real Vision:
https://www.youtube.com/watch?v=XdhDj0xd4f8
Orbital ATK Reinforces Commitment To U.S. Air Force EELV Program With OmegA Rocket
BusinessWire – 30 minutes ago
–OmegA(TM) Scheduled for Ground Tests Next Year, First Launch in 2021
During the 34th annual Space Symposium in Colorado Springs, Colorado, Orbital ATK (NYSE:OA), a global leader in aerospace and defense technologies, today provided a detailed update on the important progress being made on its Next Generation Launch System. The company reaffirmed its commitment to the U.S. Air Force’s Evolved Expendable Launch Vehicle (EELV) program for national security space missions with the announcement of the name of the rocket, OmegA, and the selection of its upper stage propulsion system. As one of the company’s largest strategic investments, OmegA will provide intermediate- to heavy-class launch services for Department of Defense, civil government and commercial customers beginning in three years.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180416006594/en/
“Orbital ATK is very excited to partner with the U.S. Air Force to develop OmegA, our new EELV-class launch vehicle,” said Scott Lehr, President of Orbital ATK’s Flight Systems Group. “Our OmegA rocket provides the best combination of performance, affordability and reliability to support the full range of our customers’ mission requirements. Based on our experience of producing more than 430 launch vehicles over the last 35 years, we have the rigorous processes, operational discipline and oversight transparency that are expected by our U.S. government customers. And with the industrial resources and financial capabilities of a $5 billion revenue company, Orbital ATK is fully committed to meeting the technical and schedule requirements of this important program.”
Over the last three years, Orbital ATK and the U.S. Air Force have together invested more than $250 million in developing the OmegA rocket, and the company has committed to an even larger additional investment to complete its development and certification. Orbital ATK is already building major propulsion and structural elements with a program workforce of about 500 employees. OmegA is on schedule to complete propulsion system ground tests in 2019 and to conduct its first launch in 2021.
The rocket configuration consists of Orbital ATK-built first and second solid rocket stages, strap-on solid boosters and a cryogenic liquid upper stage. After careful consideration, Orbital ATK recently selected Aerojet Rocketdyne’s RL10C to be OmegA’s upper stage propulsion engine.
“The RL10 has provided reliable upper stage propulsion for more than five decades and we look forward to continuing that legacy with Orbital ATK and its OmegA rocket,” said Aerojet Rocketdyne CEO and President Eileen Drake. “By selecting the RL10, Orbital ATK is able to leverage investments made by the U.S. Air Force and others to build resilient space launch capabilities for our nation.”
“The RL10 has an extensive flight history and provides a low-risk, affordable engine with outstanding performance,” said Mike Pinkston, Deputy General Manager of Orbital ATK’s Launch Vehicles Division. “OmegA is a robust all-American launch system with its entire design based on flight-proven technologies and common components from Orbital ATK’s diversified lineup of rockets and propulsion systems.”
Orbital ATK has a long history of launching critical payloads for the Department of Defense, NASA and other customers with the company’s Pegasus(R), Minotaur and Antares(TM) space launch vehicles as well as a wide array of strategic missile interceptors and targets in support of critical national security launch programs.
“We currently have 10 launch vehicle product lines that are in active production and operations for our government and commercial customers, leveraging the efforts of one of the industry’s most experienced launch vehicle development and operations teams,” said Pinkston. The company has built and delivered about 160 space and strategic launch vehicles and approximately 275 target vehicles in the past 35 years, with current annual production rates totaling about 20 vehicles per year.
Approximately 500 employees are currently working on OmegA, a number that is expected to grow to about 1,000 people over the next 18 months. The company’s development team is working on the program in Arizona, Utah, Mississippi and Louisiana, with launch integration and operations planned at Kennedy Space Center in Florida and Vandenberg Air Force Base in California. The program will also support hundreds of jobs across the country in its supply chain.
The next phase of the OmegA program is expected to begin when the U.S. Air Force awards Launch Services Agreements in mid-2018, which will include the remaining development and verification of the vehicle and its launch sites. After initial flights of its intermediate configuration in 2021, OmegA will be certified for operational EELV missions starting in 2022 with initial heavy configuration flights beginning in 2024.
GoldQuest: Injunction Against The Company In The Dominican Republic Has No Effect On Activities
I use to invest in companies connected to Nasa. I did nothing but lose money.
Lesson learned: Even if the Company has a Space Shuttle Commander on the board of directors doesn’t mean that they are legit. The Company was GlobeTel. No longer listed.
Another was Spacehab. They made modules that went in the Shuttle. I didn’t make any money with them but I did end up with a real nice picture of the Shuttle Launch.
Funny CFS, the boys at Real Vision started off the show talking about Musk’s cash burn problem.
Gold is looking like it may want to poke its head above the 1360 parapet wall again. Momentum doesnt look good. Status quo perhaps?
President Trump contradicts his ambassador to the United Nations,Nikki R Haley on Russian sanctions.
https://www.nytimes.com/2018/04/16/us/politics/trump-rejects-sanctions-russia-syria.html
The new proposed sanctions involve named oligarchs and restrictions on their U.S. involvement. there is a 3 day wait between executive order and publication in the Federal Register. The delay might be real or might not be, but we’ll soon know precisely.
I guess I’ll have to keep waiting for the E.T’s CFS.
https://phys.org/news/2018-04-spacex-postpones-nasa-planet-hunter-spacecraft.html
The required orbit is so eccentric, the launch window is only 21 seconds.
any slight mis-reading on something triggers a total postponement.
Great 1938 essay on the traitor FDR, and how the New Deal transformed the US into something it wasn’t meant to be:
Thanks GH for this great essay on the traitor FDR. Everyone should read it!
” And if it should be said that this increase
in the government’s own sphere of freedom meant a
curtailment of the individual’s freedom, it came to this
—that the individual was asked to surrender only the
freedom to starve and what he received in return was
freedom from want. Was that not a good bargain?
What the people did in fact surrender was control
of government.
“The people never saw beyond the thin end of the wedge, alas.
All this says to me is that technical analysis is great at predicting retroactively, unless you’re careful.
It is wiser to use a mix of fundamentals and TA.