Personal Finance
The Buying Power, and Selling Pressure, indicators continue to suggest no major “top” is in the works. Ditto the Advance/Decline line traded to a new high before the mid-week pullback, also confirming the upside. The major averages continue to reside above their respect 50-DMAs and 200-DMAs; and, those moving averages are rising, another bullish sign.
Then there is Berkshire Hathaway (BRK.A/$152,009/Not Covered), which is somewhat of a proxy for the stock market, as it traded to a new all-time last Friday. That said, last Wednesday proved to be a 90% Downside Day suggestive of at least a pause, or perhaps a pullback. Still, with Friday’s rally the “buying stampede” remains in force and today is session 38. Friday’s Fling, however, felt more like a recoil rally rather than the beginning of a new rally leg, at least to me.
Stanley Druckenmiller says old people are stealing from the young in the US and it’s going to end up like the housing crisis did.
“The demographic storm is just starting now. It reminds me of ’05 when people just extrapolated housing prices going up for 50 years…Everyone sorta lives with their rulers in the past and doesn’t look at coming changes,”
….much more HERE
Druckenmiller is an American hedge fund manager, he is the former Chairman and President of Duquesne Capital, which he founded in 1981. He closed the fund in August 2010 because he felt unable to deliver high returns to his clients.
Marty Zweig predicted the 1987 crash one day before it fell 22%.
Zweig, who famously purchased a multi-story penthouse apartment in New York City’s Pierre Hotel for a record $21.5 million in 1999, had a net worth estimated in the hundreds of millions of dollars.
But he also had a simple philosophy that can help ordinary investors navigate even the most treacherous markets. By sticking to it, investors can participate in the upside while limiting downside risk. Many people claim to have done that, but Zweig actually did.
…..read more HERE
(I’m sorry for the bad link – Ed)
Stronger than steel and lighter than a feather, this high-tech medium will shape virtually every part of our daily lives by the end of this decade.
The possible uses are limitless.
No wonder the two scientists who discovered this substance won the Nobel Prize in physics last year. That alone should tell you something.
It often takes decades for scientific breakthroughs like this to bag the world’s biggest award. But these two Russians won it for a substance discovered just seven years ago.
If you’ve never before heard of graphene, don’t worry – most investors haven’t.
Graphene is one of the strongest materials ever created, 200 times stronger than steel and even more durable than diamonds. According to researchers quoted by BBC News, “It would take an elephant balanced on a pencil to break through a sheet of graphene the thickness of Saran Wrap.”
It’s highly flexible and can be stretched like rubber without losing its strength.
It’s the thinnest physical material in the world – 3 million sheets of graphene stacked atop one another would be just 1 millimeter thick. It also weighs virtually nothing.
It conducts both heat and electricity better than copper, and could eventually replace silicon in circuitry, potentially changing the nature of every electronic device in use today. Imagine cell phones the size of a strand of wire or big-screen high-definition televisions no thicker than wall paper – and capable of being rolled up into a one-inch tube and moved anywhere.
It’s incredibly energy efficient and a potentially eco-friendly source of power. MIT researchers recently found they could generate electric current by shining light on graphene, meaning it could be used to revolutionize solar-power collection. A separate study at Northwestern University found graphene could be used to charge lithium-ion batteries – like those used in electric vehicles – 10 times faster and give them 10 times the storage capacity of present models.
….read more about its uses and investmentment HERE



