General view

Hi readers

It's been a while since we have seen real fear in the markets.
Yet everytime the S&P try's to gather momentum sellers come in liquidating positions.
Many are worried of a Trump government and so they should be.
The bugger does have a chance of pulling it off too.
If the Republican Party wasn't so red neck and had Ben Carson as its candidate they would have won by a landslide.
But with Donald it's a no idea what will happen.
One thing is for sure if he does win Americans might want to think twice about traveling overseas.
There will be a lot of hatred towards them which is very sad.
America is involved in 6 or 7 wars around the world at the present time, this style of government needs to change.
Interesting times ahead.

On the commodities front we see a lot of excess crop floating around at the present time.
In fact ethanol production has decreased dramatically due to the lower oil prices hence we now have a glut of production.
I've always seen that everytime there is a glut on the market, that's the time to start looking at opportunities.
In the metals I don't see any positives for gold going forward, I still believe golds value is around $800-$850, not 1300 as is the case.
Should Hilary win gold will fall aggressively and the market will regain a strong head of steam moving into Xmas.


I'll be looking as some of the ES dec and march calls Monday. 2200 for a spec trade.. they closed around 4.70 .
I'm anticipating a 150 point move up should Hilary win.
But if Donald wins then that investment will burn up.
So use caution and have a look at it on the sidelines should you not be interested .

On a different note was talking to a number of funds over lunch who seriously manage money ..(6billion combined)

There attitudes towards there US investment are very interesting.
Should Trump win they will liquidate all there holdings in US assets, not because of there views towards the market but because of the instability Trump could bring.
Also it's the right thing to do by there clients,even if the market moves up 20% they don't care.
They will increase allocation to others markets.
Which took me back some what when I heard it.

Those trading Tuesday get plenty of rest might be a wild session.
Interested to see if the computer trading programs are turned off. Then we might get some big spreads, with shit volume.
So much for a transparent market.

Shale oil is the future

Hi readers

Yesterday I made comments regarding shale oil which many took offence to.
Shale oil is the future of  energy and in the not to distant future lithium will be .
I say this because even tho we have electric vechiles making inroads it will never overtake the traditional petrol vechiles.
Electric vechiles are more a hippie thing which is what is called a must have if you love technology.
The inroads into technology on shale oil will kill prices in oil and therefore bleed energy companies.
Countries that depend on oil exports will also feel the pain of lower prices.
The issue is that if oil prices drop countries will raise the tax, it happened previously and will happen again.
Yes the technology is out there to run car on water but will never be allowed to evolve into a consumer product as government around the world depend on tax revenue from petroleum.

For those who have ask the cost of production crude oil and refining depends on export cost.
I know that in Canada the shale oil industry is around the same cost as ourselves.
It's for this reason that inventory is rising in the US , the China has a deal with Iran to buy all oil at $35 dating back 2015 until 2025
So OPEC is now become a non relevant organisation.
I noticed BP numbers and it was all on the back of cost cutting.
So all crude oil companies are bleed and this will continue.
The more countries that open there boarders to shale oil exploration the more price pressure will come on crude oil suppliers.

November dates

Hi readers 

Here are the November dates, as always use them as an indicator to your own work .

All they show is the energy for the day .

2nd positive 

3rd positive 

9th positive morning turning negative in the afternoon 

11th negative 

14th full moon

15th afternoon positive

17th negative 

18th negative 

21st negative 

22nd chopping around negative to positive 

24th very negative lucky market is closed

29th New moon  negative turning positive 

30th positive.

In regards to oil as your all aware I'm part owner of a shale oil/refinery company.

Oil above $50 is always a sell and as I stated on Twitter we are short oil .

We are producing so much shale oil at the present time we are 40% over our own forecasted projections, and with price sitting at this level it's Xmas.

We sold all of next years production at $50.45 some 4 months ago and have re entered the market selling securing excess production last week.

We are refining shale oil so fast now that we are 28% quicker than was the case 11 months ago.

So our costs have decrease, profits up.

Buy beware of oil prices or oil stocks .

Like ourselves all shale oil companies are decreasing costs with more technology investment.

$22.12-$25.10 is cost of production/refinery/wholesale.

Current oil price costs are $46-$48 you do the maths.

This is one of the reasons why I refuse to invest in BHP until I see $12,And believe me it will come as they will disappoint going forward with losses they are continuing to incur in there energy division .

The market has this belief that the worst is over, astrology doesn't lie will see about that .

Can the dark horse pull it off

Hi readers

Market has had an interesting month .
As Trump has been slowly chipping at Hilary the market is now getting worried that he might win.
We have seen serious evidence of this with multinational companies bringing forward investment decisions and as the numbers came out the economy grew by 2.9% in the first quarter after a sluggish March and June quarters.
It's interesting that when we call Trump to win the nomination and the dark horse in the race many American readers emailed comments that I was on drugs... ( how astrology works)
Now the fear that he might win and I'm getting emails of is a crash going to happen, in the market.

There is a 15% change he could win , it's not much but he can win.
Will the stock market and economy slide into recession 100% it will.
The issue is multinational companies produce 70% of there profits from overseas, cheap labour.
It's taken decades for companies to set up overseas and to all of a sudden to give them just 3 years to bring them back to the states or risk being taxed 3X is ridiculous.
We need to see who wins the election before we can post out a road map.
It won't happen overnight so there will be time to take action.
If Hilary win market can go up another 5-10%  before Xmas... patience is needed.

In trading we had a wonderful October until the last week.
A portfolio liquidation in the ASX cost money and hurt the return.

In our stock trades
Deutche Bank  is now trading over $14 and will continue on its merry way.
So much for those predicting DB to fail...
As I stated before charts show you the after event.

I bought Crown resorts in Australia, since the trouble in china the stock tumbled down , to a point I'm comfortable in investing in .
I did the astrology on this stock last week and there is nothing to worry about.
This stock will trade above $13 in the not to distant future if not higher . Bought between $10.55-10.92

On Farm Pride I'm very disappointed with the bullshit management has put up to shareholders.
You don't make profits by cutting costs, that just simple cream on a cake.
No point putting cream on when there is no cake.
What's annoying me more is that while company has positive astrology going for it, there seems to be a sit and wait attitude.
Astrology doesn't work that way, it supports what you do, wait and see is pissing it down the drain.
Let's see how management responds to a falling share price and hopefully they change there approach and look at opportunities in increasing sales.
Sales makes profits not cost cutting .

Farm Pride...

Hi readers
Looking at FRM stock it's come back some what.
Question is why?
Well let's look at what's taken place over the last 12 months of the stock and the company.
1. The astrology hasn't changed so no need to worry on that front.
2. When we look at the business yes it's growing but at what rate.
3. Spring season is coming and I'm sure price pressure will squeeze margins somewhat but for how long as Xmas is just around the corner.
4. The management and board have had a free run with the top 20 shareholders farmers.
Farmers totally understand the industry and how it operates.
There are only 4 farmers left in the top 20 shareholders and now the board can no longer continue in the manner they have previously.
5. The chairman departed which is wonderful as I didn't think highly of him.
6. Farms from time to time will have set back, like infections to the birds or drop in production from aggressive climate changes. We need to understand that we are talking about livestock.
I like to make the comment that an outgoing chairman who has no idea of what's going on at there farms is a good thing...
His a numbers man nothing more, same with DeLacy his a numbers man.
Over the past 6 months I've been very critical of management and the board for there lack of vision going forward.
Example : instead of sitting in the office looking at the production/sales numbers, what Bruce should be doing is a road show exposing Farm Pride to the investment community.
Expecting investment funds to just buy the stock without understanding who the people behind the company is, is extremely lazy and foolish.
I fear the lack of responsibility which management has misunderstood in running a publicly listed company isn't a good sign.
Now with private shareholders on the register, information regarding actions undertakings need to be communicated.
Keeping silent and expecting the market to see value in the company is bordering on incompetence.

High frequency trading

Hi readers

For those who asked for advice on the sporting events in Melbourne and Sydney, congratulations on your flutter..
As stated solar eclipses tend to give strength to certain colours.
Blue, white and red are the power colours in big events. This is only for a 6 moth period until the next  eclipse.
It's for this reason we said the bulldogs and the sharks to win, even tho they where outsiders.

This also applies to the NFL, but when the next solar eclipse kicks in these colours will change.
Teams without these colours are and will struggle.. dam it my packers will struggle.

In the market we see a number of high profile fund managers struggling to perform.
That comes as no surprise with High frequency trading.
Now with exchange not allowing certain language trading to execute you need to wonder why.
I say this because when I was in Australia I saw trades which are rigged to benefit HFT systems.
I put this simple sum to you all if in Australia institutions are 80% of the volume on the top 50 stocks how is in possible for BHP to trade 12000 trades on average a day for 7 million shares.
No institution put trades of 583 share at a time.
So those of you trading share need to take a longer view of the market instead of a daily view.
The ASX looks more liquid of a market with crap trades and makes them look more relevant than they really are while broking houses milk funds in Australia and small traders.
Funds that trade small cap stocks will perform better as they are not exposed to HFT.

On another note to you all .
Of late I've been helping out a hedge fund which got caught up on the wrong side.
Manager froze up and just watched daily his P/L go deeper into the red.
Don't think that because they are fund managers mistakes aren't made.
It's what you do after the mistakes that will define who you are and what your ability in the market.
Mistakes are always made, as long as you learn from them you'll be better for it .

October dates

Hi readers it's great to see how so many of you are now understanding how fund management works and how you can take advantage of it.

October is a very dangerous month astrologically.

Small aspects are positive while heavy longer term planet are very negative.

Please becareful as the only way I can describe what's taking place astrologically is the nails are popping out of the floorboards.

Economically the economy is very weak and you can see cracks appearing.

October dates

7th positive morning ,negative close.

10th positive

11th positive

14th negative 

15th lucky the market is closed or we could have see a 500 Dow point drop.

Full moon 16th 

17th positive

19th negative

20th negative in Nasdaq stocks

21st negative

25th negative

28th positive

30th new moon in Scorpio the recipe for trouble is complete

31st negative a little

As always please use the above as an indicator to your own work