A point and to-the-short discussion this morning.
First is the Leading Economic Index, released by the Thursday which work the bears up for the last hour or two of trading:
The Conference Board Leading Economic Index® (LEI) for the U.S. declined 0.2 percent in January to 123.2 (2010 = 100), following a 0.3 percent decrease in December and a 0.5 percent increase in November.
Very quietly this week I pass a wholly artificial boundary called a “birthday.” Everyone has one, but few people use the occasion for the purpose of hard introspection or to sit back and reflect on their learnings in the past year.
I’m pleased to report in this morning’s State of the George report, that the state of George is good. This process I go through is very much like the annual employee evaluation so cherished by human resource types.
So we begin with the basics: Would I still hire me to do whatever it is I do?
The basics first:
George is still happily married. His health is robust. His mind still (somewhat) agile, and his sense of wonder and awe at the simplest things is unabated.
What do I have to show for the past year? A good bit, really. But therein lies a nested topic for this morning: What are the metrics by which we measure our lives?
Religion once served that purpose, almost universally. But there is a new “religion” on the block and we call that Science and bow down to it as surely as we’d have bowed to Jesus, Moses, or Lao Tzu or perhaps the Buddha.
Indeed, when we pass the collection plate anymore, it’s less likely to happen in a Church, but instead it will be passed by Government, which has ascended as a new religion in the sense that it holds what seems an unlimited growth of Issuing Decrees, a right once reserved to the Vatican or the Caesar.
I feel like Prince BoCheesly, second in line to ascend to the throne as King of the Economic Universe and heir to the Fount of All Knowledge this morning as the S&P (which lately has been the S & P all over the place) arrives in the long-awaited showdown area.
To be sure, I have referred to this generally as the “1950” area of the S&P but to be more precise, it is 1,940.24 recorded on January 19th.
Here’s “the deal” – We can count a one down, two up, three down, four up, and five down to finish between January 29th and ending on February 11th. From there, we have gone nearly straight up.
It’s OK to take today off since we get inflation data tomorrow. There is still deflation about, since a year ago gas was $2.27 and now it’s $1.72 nationally. (We don’t do additional decimals points until noon if it can be avoided.)
Projecting the futures pricing onto the action today, we would expect a close (ideally) around 1,933.82… but that is asking a bit much since the real-deal here is 1,940 and change which could fall tomorrow – depending on how the Cost of Living data comes in.
For this morning, we will have to suffer through Philly Fed data and later on the most-favored economic anagram – the Leading Economic Indicators – which used to be the LEI and that’s all the help on the anagram I’ll give you.
Now, about this Philly Fed stuff:
“Firms responding to the Manufacturing Business Outlook Survey reported continued weakness in business conditions this month. The indicator for general activity remained slightly negative this month, edging up only marginally from its reading in January. Other indicators offered mixed signals: The shipments index remained positive, but new orders and employment indexes remained negative and declined modestly.
There is not a lot going on in the news, here lately, so I figured this morning we could just kick back with a cup, or two, and commiserate about Life in general and how things work out – or don’t.
On the way out to the mail (our driveway is about half a block long) the peace and quiet of the neighborhood was still being disturbed with my brother-in-law. Panama was down range with an AK making sure that neither of those two hard drives (the ones that were non-op in the article earlier this week) were never going to be salvaged.
At the mailbox, I turned and sure enough, the jonquils were coming up around the perimeter and that reminds me to remind you that with football season over, it’s time to start watching out for snakes if you’re in southern climes. In northerly climes, simply watching the news out of D.C. should satisfy the effort.
The first package in the mail was a box with two old electron tubes in it: A pair of matched 12AU7A’s. You probably don’t give a rip about a 9-pin miniature base dual triode type vacuum tube. Statistically, they went out of production around the time you were born.
They do, however have a role inside my old vacuum tube volt meter (VTVM) along with a 6X4 rectifier tube. And therein was the first first business point to make with you: have you noticed hos people put tons of effort into preparing for things like EMP and yet it never occurs to them that the kind of materials that would be needed in a post-EMP would would likely all run on vacuum tubes.
This astounds me, but when I look at who wins political offices, it sort of all falls into place: We don’t live in a land of deep thinkers anymore. And we don’t seem to care if we have jobs…thus the magic of socialism’s selling feature (something for nothing) that presently propels the candidates on one and a half sides of the aisle.
Then I got back to thinking about the problem in the news that I’d been pondering so deeply that I needed the walk to the mailbox to get the blood pressure back down.
That was? Well, I hope you noticed the report in the WaPo Wednesday about how the Southern Poverty Law Center was claiming that “Hate crimes were up 14%” in the year just past.
Huh? Did I miss the memo from Hate Crimes-R-Us or something?
The news page at the SPLC says, in what looks on their site like 72 point font, or better:
The number of extremist groups operating in the United States grew in 2015 – a year awash in deadly extremist violence and hateful rhetoric from mainstream political figures, according to the Southern Poverty Law Center’s annual census of hate groups and other extremist organizations.
Say…you’re not a racist, are you? No? Well, neither am I, neither is Elaine, and I’m convinced that Panama and his significant aren’t either. What’s more…since we actually live in the South, none of us has been invited to a Klan event. We also scour the web looking for extremists and no sign of any increases we could find.
Not that racism has gone. It hasn’t. But there’s a agenda going on to melt-down all social grievances into one pot and that simply doesn’t work.
More people calling BS on force-fed sexual minority ads and such? Sure. But that’s not a hate crime – yet. That’s called free speech and/or a difference in values. I for one don’t care if you want to change sexes – that’s you’re deal. If you can’t read the data on how that impacts later in life, I don’t care. But I sure as hell don’t want to pay for it UNLESS you want to buy me a new airplane. Because that’s my hobby. You pursue yours on your own dime, thank you.
Lookie here: That’s not hate. That’s called fiscal responsibility. Do what you want…but don’t stick me or us with the bill. Worse, don’t stick me with the bill and then call me guilty of a HATE CRIME because I protest the doctor bills and the increase in taxes because you sucked government into a guilt trip. Not my deal…no money. Take out a loan like I’d have to for liposuction.
On inspection, however, it appears that the SPLC may have a further difficulty – and I’m too lazy to read their report to see how they dance around it: Is a person who goes to a Donald Trump rally, who doesn’t want any more illegals (and let’s toss in 10,000 Syrians being shipped into America) really a member of a “hate group?”
Not in my world.
Is someone who is willing to take legal political action (writing to whomever or voting) in an organized way part of a hate group because they don’t want a factory built in Mexico, not America (like Carrier is doing) engaged in hate? (This is a trick question because IF living your opinion in a politically active way is hate, then what in God’s name is global warming?)
In other words, as I glanced through the report, there were a large number of “hate” designations applied to what in an earlier time – back when we were a country that enjoyed free speech, free assembly, and freedom of thought and didn’t have a left leaning agenda – that what is pandered as “hate” now is nothing other than a difference of opinion.
Another sample from the groups press release:
The Year in Hate and Extremism — by Mark Potok — The number of hate and antigovernment ‘Patriot’ groups grew last year, and terrorist attacks and radical plots proliferated.
This one concerned me. We are seeing a left-driven agenda that has been smearing the label Patriots for some number of years now. It started, arguably with the OKC Bombing – and despite there being reported “other parties” to that, no other were brought to trial and there’s a fair body of thought that there was something (like an agent provocateur) in the woodpile that never made it to the public’s attention.
This kind of “willing to accept answered questions” is apparently dangerous stuff, however.
In fact, when I went looking for the source of the purported “52 deaths” due to domestic extremism cited by the SPLC what do you suppose I came across? The same claim being made in an Anti-Defamation League report released in January. The ADL report wasn’t so quick to go off on the “patriot” types at all. And in fact the ADL report made it clear in their body count of 52 that…
“Usually, right-wing anti-government extremists account for the next highest number of murders each year (Table 2), but in 2015, in a disturbing development, domestic Islamic extremists were responsible for 19 deaths, almost as many as were white supremacists. All of these deaths stemmed from two shooting rampages: the July 16 attacks by Muhammad Youssef Abdulazeez on military targets in Chattanooga and the December 2 rampage by Syed Rizwan Farook and his wife Tashfeen Malik at the Inland Regional Center in San Bernardino, California.
In 2015, a record number of Americans were arrested for alleged crimes related to Islamic extremist activity, almost all of them in support of the Islamic State of Iraq and Syria (ISIS).
Hold or Fold on Gold – Confiscation Ahead? It’s the fourth chapter in our Second Depression Handbook that we’re writing for subscribers on-the-fly deals with confiscation odds and that means we will be taking a look at the events of 1930-1934. This was the period that included the calling of both gold and silver in the Great Depression. Some interesting clues are there for the taking.
We will review some important historical information and provide important background on what was going on in the handling of the nation’s money back then.
More importantly, we can then project what all this could mean for modern day investors as we try to out-wit Washington’s klepto-class when comes to moving assets from today into a very uncertain future in the 2017-2020 timeframe.
My friend Robin Landry and I are both watching the 1,950 level on the S&P closely. He’s looking at it from the Elliott wave perspective while I’m looking at how our Aggregate Index approach would begin to look at those levels.
Somewhere in that vicinity, 1,950’ish, the market will make a commitment on whether to turn into a major fifth wave up – that could power the market to new highs between now and the fall of 2017, OR the market could just be doing a bounce up, completing what would be a wave 2 (in Elliott wave counting) of larger I down and from there we are off and running with the Second Depression right now.
It is hardly an academic question: Trillions of dollars are riding on the outcome world-wide and that’s not even the half of it. The more important question is what about people’s lives that will be impacted?
Yesterday, the Japan market took off like a rocket. Overnight, though not has high, the Shanghai market put on a pretty good showing, up more than 3%. Europe is flat to up and the US futures are screaming rally early on.
Still, we should have a lot better handle on things as the week moves along. There is, to begin with, the Empire State Manufacturing Survey just out:
“The February 2016 Empire State Manufacturing Survey indicates that business activity continued to decline for New York manufacturers. The headline general business conditions index edged up three points, but remained firmly in negative territory at -16.6. The new orders and shipments indexes indicated an ongoing decline in both orders and shipments.
Say, you want to make $50-bucks easy, right? That is how Monday afternoon penciled out and I’ll tell you how. It’s good Depression thinking to learn.
I apologize for inflicting another update on you – I should be asleep – and so should you. So much are the wages of food and having brain on fire disease, I suppose.
The first – and most important point – is that the Asia markets which all the other pundits have been warning would be going over the cliff not only didn’t collapse overnight, but they actually looked pretty good.
Take for example Japan: Up over 7% (as pretty nifty trick) and while China’s Shanghai was flat the Honk Kong index was up 3.27%.
France and Germany are up almost 3% and the Brits are up two and a quarter percent.
Hardly end of the world stuff, I think you’ll agree.
This weekend we went through a lot of charts over on the www.peoplenomics.com side of the house, but the bottom line is that while there is a bearish count, my friend Robin Landry thinks we could jump up a bit from here…but the real battle line will be 1,950 on the S&P.
You see, it’s pretty common for the markets to decline below key support and then rally back to (and slightly above) support.
But it is there that we find out if we are into the (delayed appearing) fifth wave. Or, if this kiss and die mode of the market in a major depressive run-in is in play.
Either way, for the next week or two, the sunshine should come out – thawing both the eastern part of the igloo as well as the moneyed types on Wall Street.
For for now, sit back, enjoy the flight, and hope the pilot comes back soon.
Still, Ures truly is not to upset – it just means the fifth wave if/when it comes may bring us all the way to the fall of 2017 before things really come crashing down. If so, we will get new highs first,
I will get to fly an airplane for another year, and then we batten down the hatches…
I woke up chilled and sweating at the same time about 3:45 this morning. My brain was on fire with an all-consuming idea…
Would president Obama do anything so audacious as nominate Hillary to the Supreme Court seat left open by the death over the weekend of high court justice Antonin Scalia?
“That’s about the most plum loco thing you’ve ever written, Ure…”
Whether it is or isn’t…think about this:
Do I think Obama is dumb enough to do this? Maybe. That would put two socialist leaning people in positions of power…and that would further his agenda of reshaping America into something it was never going to do. (You fill in the blanks, comrades…o))
The way I see it, the Obamanistas are in a position here to offer Hillary a deal of a lifetime. IN return for donating most of her IGG (incidentally gotten gains) from happytalking Goldman and the like, she would get a SupCo nom and that would keep peace in the party, trim back the Clinton fortunes and roll them over into the democratic coffers and everyone goes away happy.
Crazy theory of mine, but I’m sticking with it until Obama has a better idea. (That’s been a long wait… And since he’s keen on really bad ideas, this would just be a capper…)
From Our News Analyst
Yet another excuse for government to license the web – when it cuts into corporate cash flows:
Dear Mr. Ure,
This “Science Alert” report advises that a Russian academic is laying siege to paywalls of 130 year old medical and science journal publisher Elsevier. One wonders if their parent RELX in London will defend vigorously at the moat, or wheel the business model into the barber-surgeon quarters for a haircut and bloodletting.
We will be having a blessedly short communion around the coffee pot this morning because this is President’s day. The Markets are closed and if I had a lick of sense, I’ve be off sawing zzz’s for all I’m worth – which on an inflation-adjusted basis isn’t much.
There’s much to be said about this being Presidents Day. Starting perhaps with the first data point in our discussion this morning: This is ALL happening on the wrong day.
You see, George (the other one) was born on February 22. And if you want to toss Lincoln into the mix, well, he was born on February 12th. I don’t care how sleepy-eyed or hung over you might be this morning, the calendar math on this isn’t wrong: Today is neither of those dates.
Here’s the real lowdown: This is a peachy example o how corporations have taken over government. Why?
Well, back when, the President’s Birthdays were observed – on their birthdays. I know, I know…too damn logical when corporations were just in their ascendancy to power.
This figured that it would be “better for business” if all holidays were on Mondays or Fridays, so they didn’t screw up the work week so much.
As you may remember, Ures truly grew up in Washington State. When I was a boy – back in the pre-historical (BC – as in before computers) times we celebrated not one but two holidays in February. My mom had a sweet tooth for chocolate covered cherries and Lincoln’s birth triggers an almost Pavlovian visit to a downtown candy store because when Lincoln arrived, Valentines followed shortly thereafter. Pappy was no fool.
Granted, this was in the 1950’s. That was back when America had the actual by-God remnants of a Union movement. Unions back then typically held two items above all (after the 40-hour work week, a minimum of two weeks of vacation, and almost mythically – employer-paid healthcare). twelve holidays per year and a usury interest cap.
As I have mentioned – repeatedly – the big problem with corporations is that they have been in the slow-motion process of stealing back every gain made by Unions they can. In the last 50-years of air consumption, I have seen employer-paid healthcare put on the run, the number of paid holidays dropping from as many as 13 down to some companies where there are zero – maybe half a dozen “personal days” and that’s it.
Then there’s the usury cap. Up until the 1960’s or so, this prohibited loans from charging more than 12% interest. Then, a couple of upper Midwest states removed the interest caps, bank card outfits flocked to the Midwest, and state repealed the interest rate caps because they “didn’t want to lose business.”
So by the time it got to be 1971, the Uniform Holiday Act was made the law of the land and there went holidays – from birthdays to a corporate scam. Expediency rules over profits, time and time again throughout history.
Now let’s consider my second point: Punctuation of today. This note in Wikipedia nails it:
“Because “Presidents’ Day” is not the official name of the federal holiday, there is variation in how it is rendered, both in the name of official state holidays and colloquially. Both “Presidents Day” and “Presidents’ Day” are common today, and both are considered correct by dictionaries and usage manuals.
Ever have a hunch about an investment?
Ever get a “vibe” off something when you so much as look at something?
Well, that’s our slightly off the deep-end report this morning.
Although, as usual, we will be nose to the grindstone and present our typical collection of charts (11 in all this morning) as we also ponder the extremely important question: Is the bottom in?
Bean-up and let’s roll.
While we wait a few seconds for the Retail Sales figures and other fresh data to land, the biggest story in the greater scheme of things is likely the discussion in the Washington Port this morning about how “Einstein predicted gravitational waves 100 years ago. Here’s what it took to prove him right.”
This overcoming gravity is not going to be a “fast mover” because there is so damn much engineering ahead, but the discovery of gravitational waves could signal the dawn of a new technology on the horizon; one that science fiction writers have been telling us is coming ever since H.G. Wells penned The Time Machine. Time and gravity is the game.
Wells was not the first, of course, but the discovery of the phenomena of gravity may be expected to be closely linked with time since what we’re talking of here is reverse-engineering the glue of space-time.
Adoption can’t be allowed to be too quickly, however. After all, if there is anything dangerous about anti-gravity it is that it is a “top of class” disruptive technology. Would you want to work at Boeing if uncontrolled anti-grav was popped out of Apple or Google?
There are some who believe that anti-gravity has already been discovered by military and black project teams and has been a known commodity for a long time. Perhaps, suggest some, ever since Roswell or every since Operation Paper Clip.
The economic impacts could be immense. Not the least of which is finally getting a kind of global transportation system that would not pollute as much as high altitude “smoke burners” produce now.
Whether gravity technology can be distilled down to a flyable essence remains to be seen, but while we are all glued to the screens looking at what will happen in the next 20-minutes of markets, the next 20-years (or longer) is an important horizon, too. So for this reason, we begin this morning with a reminder that the day is coming when…
Historically, the market didn’t really do much for the micro-trend traders on December 19, 1974. But that was a day when the entire world changed and a disruptive technology that is still disrupting today was factually born.
You see December of 1974 was when the Altair 8800 computer was introduced.
Sure, we had known the technology of computers was coming and was out in the wings somewhere. People like Ures truly were being force-fed Venn diagrams and unions of set theory by the School Mathematics Study Group courses in the mid 1960s.
Initially the textbooks changed – in 7th grade I got my first-even paperback textbook. SMSG content hadn’t come from a traditional textbook publisher because what was “needed to be known” wasn’t so tightly defined yet. Paperbacks were faster to the classroom. We knew, as students, that we would need the set theory, we would likely need to be able to communicate and function in Base x but little did we know that hex would it IT. We hated base 6.
Today, Robotics is in a similar situation: Kids are playing with small processors and learning to program motion and even voice responses and a whole lot more. So again, in some ways, the major technology-shifters become apparent in what kids are being instructed to learn and there’s something to come from observing the hobbies, too, much as the CPM users groups were important signs for investors.
And what better way to see a great company evolving (back in the day) than by joining the local AUG – Apple User Group. Comparing the mindset of the Commodore User Group with the AUGs was useful.
The same is going on with robotics today. The Arduino and Raspberry Pi fans are walking down a familiar road. At some point, as Robotics rolls out full-on, perhaps in 20-30 years, there will be some follow-up to Ure’s truly asking “But where is the next technology after robotics?”
The answer to that seems likely revealed in the Washington Post piece – and when we get gravity nailed, it’s likely the first-cousin time will also fall out of the engineering processes.
Which leaves only one question about the greater schema: Is it all baby-steps to the stars, or do we have a Flash-Bang and Over event along the way?
7-billion people have an interest in the answer.
We now return you to the minutia of the moment.
No, market collapses don’t happen from the top. And today is a low-prob(ability) day for one, too, unless there is some kind of out of left field event that no one sees coming.
I mean what if the orbiting North Koreans actually put up an EMP device? You see, THAT would be a left-fielder for sure.
But absent that, most of the day’s news flow is sadly predictable – a point we’ll return to after we toss around the data:
Retail sales press release is out:
The U.S.
If you are a serious news junky, oh boy, do we have the concept for you!
When the market starts acting up – as it has this week – our thoughts naturally turn to the only two things that matter: Making a buck and staying ahead of the herd.
Almost a year ago, we treated our www.peoplenomics.com subscribers to a few thoughts on how easy it is for a dedicated person to build a very impressive home information platform.
You don’t really need a genius level mentality: Just a natural sense of curiosity and a desire to stay out front of trends.
Here’s an extract from the article where we discuss how to build such a system to actually take in HUGE swaths of data and distill it down into something that makes sense. So, for those who have been wondering what Peoplenomics content is like, this is a portion of our report for last April 5…when we were fixing to get ready to see what’s been coming and which is now by some accounts here and now…
—————- commence extract ——————–
Business and Personal Applications
Just because of insider trading rules one can’t completely toss out the use of various technologies on the web to “smooth one’s way.”
Keeping tabs on developments at a competitor’s web site, for example, is perfectly reasonable and yet not many people use the ability of the internet to really exploit competitor weaknesses.
The process is the same, however, as an old-time monarch off spying on an enemy. The process begins with just a single name – or two – of the company in question. Then you’re off to social media to see who they are connected to. The government uses social mapping techniques which means nothing more than seeing who has what connections on Linked-In and Facebook, for starters.
Once you have a couple of executive email addresses collected, you can start scanning the internet using a large engine like Google and seeing which forums, alumni associations, or other affinity/interest groups the person is associated with.
Search Engines and Meta Searches
Simply used: If you employ Google or Bing (lots of people do) you could be missing content on the web. That’s because these are single engines. Big, powerful, but don’t get me wrong – there are other search engines out there. Like www.webcrawler.com.
Even the venerable WebCrawler has become limited in recent years, so there’s been a rise in the big meta-crawlers like www.dogpile.com and www.clusty.com or www.zapmeta.com.
If you’re not used to meta engines, they take a bit of getting used to, so start with some known results off Google and Bing (like your own company) and then run the same search on the meta (multiple search engines with one click) sites.
Use of Imagery and Media
If a picture is worth a thousand words, Google has tabs that will allow you to display only image or video results.
Everyone knows about Google Earth and Google’s street views, but not so many people know about freeway web cams.
If you’re a news junkie, you’ve got a couple of ways to go: One is to rely on a camera directory and linking service, like www.trafficcameras.com which I have used to zoom in on Salt Lake City, for example.
If your interest is in a specific area, like Salt Lake, for example, you don’t need a directory. You can just bring up the Utah Department of Transportation site’s traffic cameras.
Now, lest we forget, there are many other online sources that can provide valuable intelligence for personal and business use that are seriously under-appreciated.
One such example is immersive local media. I’ll show you how this works in a moment, in a real news-chasing/news-junkie’s world. But a quick visit to www.iheartradio.com or www.streema.com will allow you to listen to local radio stations virtually anywhere in the country.
A Real News/Intelligence Operation
How can a person use such “intelligence” in a useful manner?
It becomes really easy if you understand some of the functionality in Windows and other operating systems.
I’ll use a current project as an example. You know I had a weird dream back in January about an “April 9+ earthquake,” right? This is a fine example to use because it will allow me to use some concrete examples of how to “set up” for an area.
The first thing to do is set up the master folder on the desktop. To do this, simply right-click, select “NEW” and then select “FOLDER.”
In our example this morning, I have called my master folder Big Quake.
When you have many projects going, you can quickly discard a lot of research by putting things into a master folder.
In addition to Big Quake, I have other folders for the cities where our kids are: Phoenix and Payson, AZ, as well as the Seattle-Tacoma area.
The next step, once you have your state’s set up is to consider the kind of intelligence folders you want to include.
As you can see on the right, I’ve been preparing for the Big Quake by dropping tons of shortcuts into their appropriate folders.
If/When a big quake actually happens, I’ll be able to quickly open the appropriate folder, then have “one-click” access to tons of information.
The ready access to information is what separates the “men from the boys” in the breaking news world and this is one way to stay far, far ahead of the crowd.
I use the same strategy for major long-term news stories. You’ll remember my recent post on the UrbanSurvival site where I posited that we are drifting toward a Shi’ite versus Sunni war in the Middle East? That kind of information is easily organized in this manner.
Sure, there are other information management tools that could be used for the purpose – like Microsoft OneNote, but selecting the “RIGHT” tool for the mission is always critical.
Let me see if I can explain it better. OneNote and other PIMS (personal information managers) work well on wide data.
Wide data might include a ton of clips and notes about a particular topic.
But hierarchical systems work best when you want to organize something in phonebook-like fashion – which is what reporters and intelligence types often need. Along with investors, of course.
The “height versus width” analogy is also useful when sizing up people for promotion when you’re running a business. And, if you’re wanting to move up the food chain, it’s good to remember that the good manager not only has decent width of knowledge, but to be really good, you’ve got to have vertical skills as well – knowing all the high people or resources to reach out and utilize. It’s this gridding concept that makes like a very manageable game.
In practice, IF one were building a home intelligence platform for either writing, news collecting, or investing, the “right” thing would be a combination of approaches: There is some hierarchical data about companies (like where to find the latest 8/10K filings, as well as setting up Google news searches for your target of interest (set the Google news alerts to send as soon as things happen – you don’t want a daily digest -that’s too slow for us!).
Once you have a file structure, the next problem is learning to use shortcuts effectively.
It’s similar to creating a File, except when you get prompted to create a shortcut, you can put in a web address. And name your shortcut.
Let’s say that you were interested in just how “hot” things were getting up in Ferguson, MO during the recent problems. You might find a stream looked good over at http://www.broadcastify.com/listen/ctid/1573/web.
You would paste that in as the shortcut’s target and give it a useful name. Admittedly, my name wasn’t particularly creative, but it was easy to create.
Some other housekeeping details: On the www.broadcastify scanners you need to select which feed you want and yes, a serious news junkie would have a subscription to several such feeds in order to really be “plugged in” to what’s going on.
In our little exercise (building a modest intel platform in advance of a POSSIBLE earthquake) a couple of hours of effort results in a very solid little platform that will give me seismographs, cops, first responders, traffic cameras, a whole slug of news-talk radio stations and much more.
If/when something happens, you will want to have all your news or intel gathering preset as shortcuts in an easy to use format.
On our media server, the shortcuts become streaming music pushbuttons for Seattle’s KNDD and San Francisco’s KMEL, along with all news stations up and down the coast. Takes only a few minutes to set up and it’s really fun once you master some of the basic concepts here.
And yes, the same principles apply to keeping track of companies. However, just be aware of what we talked about earlier: If you have 20 company CEO’s Facebook pages on shortcuts, along with their chiefs of marketing and accounting (a surprising number have FB, Linked-In and/or Twitter accounts) just be aware of what we talked about earlier with regard to the “public information” problem when you go making trades: Too many winners which cause the options writers to write big checks can trigger a visit.
Not that L-I, FB, and Tweets aren’t public…but you start getting too good at this stuff and you can pop up in filters. You don’t want that – remember “The Man” has an employee in the gubmint which is not there to ensure “fairness.” If you don’t KNOW that “fairness” line is a load of crap, go ask those winners in Atlantic City who won because the House made a mistake and they seized on the opportunity.
Judge basically told them, if it wasn’t luck, they wouldn’t keep their winnings…
Life ain’t fair – and there’s nothing more asymmetric than information warfare – in either direction.
Oh – if nothing else? You’ll have a dandy time on your desktop with local all-news stations in the top 50 markets because you can get a very good sense of what’s going on around the country by not only listening to local news and comment, but also listening to local weather and advertisements…
Have fun with it! It’s the replacement for shortwave listening, but that will be back after the big EMP events to come…but maybe those won’t be in this lifetime….
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This concept has a simple and direct application that is of interest to skitterish investors.
You set up a Google News alert. Use a couple of key words like “gold –sports” so you get stories about gold but not the asinine stuff about “gold medals” in sports.
Set your Google Alerts up to send you an email any time a new news story crosses. Or, maybe you might want to have something like “Deutsche Bank” as a news alert. It’s all up to you.
Now comes the important part: In order to manage all this wave of content that will come into your email inbox, make a new subfolder somewhere called “Gold” (or DB, or whatever).
Then, when the next Google Alert on point lands in your Inbox, right click (in Outlook, anyway) and create a rule. If I was tracking concerns about famine, my rule and alert might look like this:
Now the key thing here is set up your automation sources (Google News is great for this) and then let your email program do all the dirty work of routing all your email to where you want it to go.
With the Dow futures down a couple of hundred (actually it’s more), the first thought that crossed my mind was “Gee, one of the Chinese markets must be back from going Lunar…”
Well, sure as (Insert your favorite term here), yes the Hong Kong market was back and instead of being King Kong, it had a better than 3% beat-down. In fact, it was almost a 4% beat-down.
Now, should the U.S. go through something like that, based on the Wednesday close, of 15,914, the drop would come in at 613 points..
Is this what I expect today? No, of course not. That would be too simple and too logical. At least until Janet Bringer of Free Money is done talking to the Senate. Then? Well, you never know, but a couple of hundred down pretty much seems baked in the cake.
Besides, Ms.