Stocks & Equities

Musk’s 4000mph Hyperloop Unveiled

Posted by Charles Gunning

on Tuesday, 13 August 2013 3:02

Musk Unveils Plans for $10 Billion Hyperloop Transportation System. The Entreprenuer who blew Detroit out the the water with hisTesla Electric Car and has become so cost efficient with his Rocketry that NASA uses his Company SpaceX to supply the Space Station.

The Billionaire creator of PayPal unveiled the details of his superfast transportation system, Hyperloop, that would be a solar-powered system between cities that could take passengers or cars — much like a ferry system- only much much faster. He describes the Hyperloop is described as a “cross between a Concorde and a railgun and an air hockey table” that will get people from NY to LA in 45 minutes traveling at 4000mph. 

Here is a written and a visual report of the plans for Hyperloop that he unveiled today August 12th:

http://www.foxnews.com/tech/2013/08/12/what-is-hyperloop-billionaire-elon-musk/

http://www.youtube.com/watch?v=vcHSHQ5x2f4

 

A Smart Way to Transport Oil

Posted by Michael Campbell - Money Talks

on Tuesday, 13 August 2013 2:21

imagesDespite opposition from environmentalists who use as much or more fuel as all the rest of us driving their cars, living in & working in buildings and flying all over the continent in fuel guzzling airplanes to make their the case against oil pipelines. 

Given transporting oil by pipelines is the safest method yet known to man to accomplish the task, Michael asks a straightforward question:

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Just when you think it can’t get any stranger, the U.S. economy – measured by the declining number of full-time jobs, lower household incomes and below target inflation rate – seems to be weakening, while the most speculative asset markets lurch back into full-tilt bubble mode. Home prices in Vegas, Silicon Valley, and Miami are above 2007 levels, equities are near all-time highs, and bank stocks are once again dominant in the S&P 500. It’s as if 2008/2009 never happened. And now this from Bloomberg, about the return of junk bonds:

Bond Hubris Overwhelms Fed in Riskiest Credit-Market Sectors

Bond investors trying to divine when the Federal Reserve will reduce its unprecedented monetary stimulus are increasingly looking to the riskiest parts of the debt market, which are booming like before the financial crisis.

….read more HERE

We’re Seeing Unprecedented & Historic Events In Gold & Silver

Posted by Jame Turk via King World News

on Monday, 12 August 2013 23:17

shapeimage 22With gold and silver stealing the spotlight in today’s trading, James Turk told King World News that what we are seeing right now in the gold and silver markets is “truly unprecedented.”  He also told KWN that investors should brace themselves for a “historic” move in the metals.  Below is what Turk had to say in this powerful interview.

Turk:  “What is happening here in the gold market, Eric, is truly remarkable.  It is a situation that undoubtedly will go down in the history books.  Gold is now in its sixth week of backwardation.  When we first spoke about this on July 8th, and KWN broke the news that gold had backwardated, gold jumped $22 that day.

….read the entire interview HERE

S&P 500 enters major correction period

Posted by David A. Banister

on Monday, 12 August 2013 22:54

Market close to confirming new correction

The S&P 500 has been on a tear since late 2012 with the S&P 500 bottoming at 1266. But the rally we have been charting is part of a “Primary wave 3″ uptrend for this bull market cycle from March 2009, and we are likely entering a Major correction or what we would label “Major wave 4″. Since the 1266 lows, we have had Major Wave 1, 2, and now 3 completed at 1710. We are entering Major wave 4 which should correct 23-38% of the entirety of Major wave 3, which was 444 points.

This correction will be confirmed with any close below 1674 and nails in the coffin begin with any close below 1685 on the SP 500 index. Primary wave 1 of this super bull cycle ended at 1370, a 704 point rally. Primary wave 3 will likely be larger than Primary wave 1 and I am projecting a top between 1900-2000 on the SP 500 before it’s completed. The current correction is Major wave 4 of Primary wave 3, which has 5 Major waves required. With that said, our projections are for 1605 on the shallow side and 1540 on the deeper side for Major wave 4 of Primary wave 3.

Now it is possible that we may extend a bit higher yet in Major wave 3 to 1736-1772, but only if we hold the 1685 support lines which the market is basing around currently. In any event, at our Trading service we have been aggressively taking profits in the past two weeks on multiple positions while still holding a few open at this time.

Above is a chart showing our projected correction pivots of 1605 and 1540.