Nice profits booked, time for the downside

Good morning readers

Twitters results came through and it's typical the American investors are all excited that they beat expectations! Big deal reader more into the numbers there is no growth.
Sure most people accidentally click on the advertisement by mistakes but are real sales coming through to the advertiser, I think not.
So there going to look abroad ? Guess what China !!!
For users and marketing!
At least now I know how the U.S. is going to get tangled in the downdraft.

Got out of my position as stated yesterday, with great profits.
Also shorted NFLX on close.

Please note what I stated earlier in the week use the dead day for potential position building.
I've taken mine early because going out and about.

Australian ASX200 is pushing up a lot more that what we got out which is wonderful.

For those who asked the question?

I trade on astrological aspects only, not technical analysis.
Sure I could get better prices but then again I might not.
Not into the what if or hopes..
I'm either right or wrong.
It's that simple, trading is ment  to be simple.
Technical analysis complicates it at times. 90% of the time in my view.

Just went short
S&P 2085
NAS 4550
ASX200 5585.
NFLX 107.42
Don't see why we can't drop a good 1.5% on all markets
That's just my humble opinion ..

Excuses are for those who wish to hear them and quiet frankly US companies are performing very averagely, compared to there German counterparts.
As we have witnessed with Volkswagen.
Showing how anyone can be beaten even the Japanese with quality.

The competion is seriously ready to start taking business away from American firms in the technology space.
Going forward margins will be cut to keep business I feel.
Which comes back to how much are you prepared to pay for a companies share.
A lot of disasters should be expected in the next 6-12 months with earnings.


As always enjoy your day/ night


 7.40am Rhodes time

Government need to let go and let it be.

Hi readers
10am Rhodes time

Well as you can see the government backs off the buying and the market plunges.
Yet the whole market isn't open either.
There are still thousands of stocks suspended from trading.
I had to make a call out to a friend I couldn't resist.
Get this for every 1 share to buy there are 8 to sell.
That's just from one broking house.
Other houses have a worse ratio 1 to 11
So just imagine when the market does open fully and is allowed to trade what will occur.
Money for jam!!!!
You still want to buy banks and property?
Be smart people cash is king

We have already seen what's happening in Australia where all of a sudden rates went up on investment loans!

What for?
Because the regulator recommend it!
Bullshit!!!
I didn't see the regulators comments taken seriously when the mortgage originators where loaning 95-97% of loans to the public or investors.
All the banks followed so they wouldn't loose business.

Google it for yourself.

Anyway closest out of my ASX200 positions on the close 5540
In the last hour will close out of the U.S. Indexes, not the close.

Got a fascinating email from an Australian reader.
Just asking permission to post it.
As it left me speechless.

Enjoy your day/night reader.

Here we go again.. LOL

Hi readers

2.30am Tuesday Rhodes time
Up to see if China continues sliding.

Just when you thought the waters had carm down, Bang comes a 8% decline in China and 3.5% fall in Hong Kong.
As stated previously it's not over people there is another 9 months of this so don't get upset over it.
No matter what the government does this fall has to happen.
Can't live on credit forever, someone has to pay.
This only gets better!
Today I read in a Reuters article that there is UK funds lining up to tap into Asian hedgefunds.

Can't believe the stupidity and arrogance of the western world, thinking they know better.

Anyway my positions for today

ASX200 5475 bought Monday on open
S&P 2061
NAS 4512.

Just finished Netflix chart, this stock is going for a ride people.
I am shorting todays close. For a trade.
Bigger is not necessary better, remember that.

In regards to mining companies in Australia, most asked question.

Your wasting you time with them.
China will forgo all future contracts or talk, the revenue the government collects will also dry up.
Stay in domestic stocks that produce something.
Pie in the sky stocks will bleed you?
Sure you might get one or two right but the majority you will loose your money.
Keep away from banks also.

We are in a time of consolidation, most tech companies don't seem to realise it, but they will.
APPL watch was a dude and others also, but the Americans investors want to keep evolving thinking people will too.
There is some huge technological advancement out there for the good of all man kind, but it's not allowed to be promoted because government revenue will be lost.

So for now just watch and be humble, there are difficult times ahead.

next weeks expected moves

Afternoon all
Writing this up on the Friday afternoon Rhodes time.
Markets might drift down on Monday but use the move down as a buy opportunity for a trade.

Tuesday :- my astrological work is showing positive aspects, so markets will trade higher.

Thursday and Friday :- once again some powerful negatives will hit the market.

I think it's best to use the dead days to set yourself up maybe 50% of your positions if you so choose.
Or trade as you best feel fit.

Comments

To the astrologers out there.

I'm not out to take business away from you.
This is more about giving back knowledge to those who care to read it than trying to lure clients.
I'm totally not interested! THAT A FACT

The Internet has become so much about porn or gambling that without these 2 sectors most data providers will go broke.
The Internet was designed to educate people, and those who give there time to read deserve to benefit.
Sorry if this is affecting your business but it's about time you became better and offered more to your clients, than blaming the blog.
The blog is staying..
Also it's about time that the small traders start making money instead of always donating to investment banks and Hedge funds because of there unfair practises, believe me I know.

Cheers

interesting developments

Hi Readers

3am in Rhodes Greece.
Went to Italy for the last few days just to see what's really going on there instead of reading or viewing the media spin.
Very surprising to see what many Italians want.
The back to the lira is very ripe more than what many think.
It was the view that if Greece leaves Italy can follow, which really surprised me.
So who is the euro really benefitting?
I also went because no cash as banks where closed.

So markets are acting as the astrology had expected
Went short the
ASX200 5650
S&P 2012:50
NAS 4670

Closed out of the S&P and NAS with nice profits just waiting for the ASX200 to open and will liquidate also in the first 20 minutes.
There have been some very interesting developments lately.
One is the RBA chairman speech, you can see it on the ABC24 link.. Must view.
I think he did it on Wednesday .
Also was the gold drop and for that matter the commodity drop .
Gold is still over valued in real terms.
I'll work out the numbers and post next time a real gold price.
Also the APPL numbers...
I will look into them deep and give a realistic view even tho the negative astrology has started on the stock back in May.
It will only gather momentum.
But they still hold the massive war chest which is keeping many short sellers at bay.
If they didn't have that believe me it would be at $50 right now.
Steve Jobbs saw what short sellers did to the stock and that's why the war chest was built.
Carl Icahn knows it but couldn't break it apart as Cook got taught by Jobbs never to break it apart.
So until a new CEO come in its very hard to short the stock, knowing there is a war chest .

I also read on the web that an Australian bank is RAISING RATES on investors..
Forget the regulatory spin crap, there are problems people, which as I said before the astrology had anticipated.

Just cut my short out at the 5503 , happy with that recovered my losses of last week.
I'll post the astrology for next week today some time...(afternoon)

See ya guys off to bed

Market can be a cruel place at times

Hi readers ...4pm Rhodes time

Yesterday trading was disappointing.
I got murdered by the ASX200 for 40 points.
Made a little on the DAX and HANG SENG and
Got clipped by the S&P and NAS.
As you can see not a happy camper.
Yet the negatives where there just to much excitement to enjoy the move up.

I'll lick my wounds till next week.
I saw the numbers coming out of the U.S. stocks on profit results and to be up front about it I don't believe them one bit. ....there all bullshit

Here are the facts people.
For profits to be believed in my book you have to pay at least 70% of those profits in dividends.
Not doing so is called American accounting.... English terminology FRAUD.
You might say why am I saying this!

In the last 20 years how much profit has JPM made?
Yet in 2008 they ran for bailout money...
Where did all those profits go? Shareholders?
Buy backs you might say ... Another load of crap!

The table below summarizes JPMorgan’s capital return figures for each year since 2007, and has been compiled using figures reported in annual reports:

(in $ mil)	2005	2006	2007	2008	2009	2010	2011	2012	2013	2014
Common Stock Dividends	4,865	4,842	5,051	5,237	2,095	844	3,266	4,541	5,251	5,865
Shares Repurchased	3,412	3,938	8,178	-	-	2,999	8,863	1,653	4,789	4,760
Total	8,277	8,780	13,229	5,237	2,095	3,843	12,129	6,194	10,040	10,625

Pay out only 44 cents dividend, yet bragging that you made 5.79 billion profit?

I will never believe American profit results until as I stated earlier..
Like they do in Australia profits are paid back to shareholders, not buy backs.
Buyback only boosts the governments tax on your gains.
Yes people that's something your not supposed to know.

Here banks are still shut, so like many you take a cruise to Italy to collect euros.
Business can't bank either and as a result things are becoming very concerning.

I read the funniest thing today on the ABC website.
The Australian treasure compared Greece to what might happen in Australia if they don't increase the revenue.
Seriously there must be something in the water in Canberra which is making the politician DUMB.

Greece is in the position it's in because the politicians where stealing the revenue  for themselves.
From both political parties?

Word of advise learn to save, and stop promising to stay in government.
My advice to the government.

In America you can start to see who's the threat in the Republican party.
So there ganging up to push him out.....
Not a good move, Trump for now is going to stir the pot even more..
Once again the Republican party is handing over the election to the democrats.
Seriously people these guy are so dumb they don't realise what's going on.

Next week

My work is showing the 21st positive  astrological aspects for the markets

23&24th I have negative astrological aspects for the market.
Following markets will be affected

S&P
NAS
DOW
HANG SENG
ASX200

Media beat up..

Hi readers... 8.40am Rhodes time

Markets all got excited which was wonderful and Greece is accepting all austerity measures!
What a load of crap, nothing but a media beat up.

Greece will not cut pensions as Europe thinks.
Anyway I see China down so to Hong Kong 1+% , and only 40% of the market is currently trading.
Unbelievable.

Anyway down to business 50% position this is.
Shorted
S&P 2093.50
NAS 4488
ASX 5528
Hang Seng 24950.
Waiting on the dax to open.

Tonight will pick up the other 50% on the open of Asia.
Please just use this as a guide to your own work ...
You might get better positions if you wait, I don't know that's something for you to decide.
In commodities don't bother.
I wouldn't trust numbers coming out of China if my life depended on it.

The oil numbers that came out yesterday I struggle to believe them at the present time, when factories are closed 4 day a week due to no exports...