Russian Flag Raised as Gunmen Seize Ukraine’s Crimean Parliament By Henry Meyer and Jake Rudnitsky Feb 27, 2014 1:35 PM GMT+0530

Pro-Russian demonstrators wave Russian flags during a protest in front of a local government building in Simferopol, Crimea, Ukraine, on Feb. 26, 2014.

An armed group occupied the parliament and government buildings in the capital of the Crimea region, replacing the Ukrainian flag with Russia’s tricolor.

The occupiers have yet to make any demands, Lilia Muslimova, a spokeswoman for the head of the Crimean Tatar council, said by phone from Simferopol, the regional capital. While the situation is “crisislike,” the attackers aren’t acting aggressively, Crimean Prime Minister Anatoliy Mogilev said on ATR television today.

Interior Ministry troops and police are on alert and have cordoned off the block around the Crimean parliament building, Ukraine’s acting Interior Minister Arsen Avakov wrote on his Facebook page.

Events in Kiev that led to last week’s ouster of Viktor Yanukovych are rattling parts of Ukraine’s Russian-speaking east and south. Hundreds of pro-Russian protesters faced off yesterday against thousands of Ukrainian Tatars in Simferopol, with fistfights breaking out. Russia’s Black Sea fleet leases its main base from Ukraine in Sevastopol, 80 kilometers (50 miles) from the regional capital.

“Provocateurs are on the march,” Avakov wrote. “It’s time for cool heads, the consolidation of healthy forces and precise actions.”

Talks with the gunmen were scheduled to begin at 9 a.m., Mogilev said.

Photographer: Darko Vojinovic/AP Photo

Barricades stand in front of a local government building with a banner which reeds:... Read More

To contact the reporters on this story: Henry Meyer in Moscow at hmeyer4@bloomberg.net; Jake Rudnitsky in Moscow at jrudnitsky@bloomberg.net

Warning: Stocks Will Collapse by 50% in 2014 Wednesday, 26 Feb 2014 03:58 AM

It is only a matter of time before the stock market plunges by 50% or more, according to several reputable experts.

“We have no right to be surprised by a severe and imminent stock market crash,” explains Mark Spitznagel, a hedge fund manager who is notorious for his hugely profitable billion-dollar bet on the 2008 crisis. “In fact, we must absolutely expect it."

Unfortunately Spitznagel isn’t alone.

“We are in a gigantic financial asset bubble,” warns Swiss adviser and fund manager Marc Faber. “It could burst any day.” 

Faber doesn’t hesitate to put the blame squarely on President Obama’s big government policies and the Federal Reserve’s risky low-rate policies, which, he says, “penalize the income earners, the savers who save, your parents — why should your parents be forced to speculate in stocks and in real estate and everything under the sun?” 

Billion-dollar investor Warren Buffett is rumored to be preparing for a crash as well. The “Warren Buffett Indicator,” also known as the “Total-Market-Cap to GDP Ratio,” is breaching sell-alert status and a collapse may happen at any moment. 

So with an inevitable crash looming, what are Main Street investors to do?

One option is to sell all your stocks and stuff your money under the mattress, and another option is to risk everything and ride out the storm.

But according to Sean Hyman, founder of Absolute Profits, there is a third option.

“There are specific sectors of the market that are all but guaranteed to perform well during the next few months,” Hyman explains. “Getting out of stocks now could be costly.”

How can Hyman be so sure?

He has access to a secret Wall Street calendar that has beat the overall market by 250% since 1968. This calendar simply lists 19 investments (based on sectors of the market) and 38 dates to buy and sell them, and by doing so, one could turn $1,000 into as much as $300,000 in a 10-year time frame. 

“But this calendar is just one part of my investment system,” Hyman adds. “I also have a Crash Alert System that is designed to warn investors before a major correction as well.”

(The Crash Alert System was actually programmed by one of the individuals who coded nuclear missile flight patterns during the Cold War so that it could be as close to 100% accurate as possible). 

Hyman explains that if the market starts to plunge, the Crash Alert System will signal a sell alert warning investors to go to cash. 

“You would have been able to completely avoid the 2000 and 2008 collapses if you were using this system based on our back-testing,” Hyman explains. “Imagine how much more money you would have if you had avoided those horrific sell-offs.”

One might think Sean is being too confident, but he has proven himself correct in front of millions of people time and time again. 

In a 2012 interview on Bloomberg Television, Hyman correctly predicted that Best Buy would drop down to $11 a share and then it would rally back up to $40 a share over the next few months. The stock did exactly what Hyman predicted.

Then, during a Fox Business interview with Gerri Willis in early 2013, he forecast that the market would rally to new highs of 15,000 despite the massive sell-off that was haunting investors. The stock market almost immediately rebounded and hit Hyman’s targets.

“A lot of people think I am lucky,” Sean said. “But it has nothing to do with luck. It has everything to do with certain tools I use. Tools like the secret Wall Street calendar and my Crash Alert System.”

With more financial uncertainty that ever, thousands of people are flocking to Hyman for his guidance. He has over 114,000 subscribers to his monthly newsletter, and his investment videos have been seen millions of times.

In a recent video, Hyman not only reveals the secret Wall Street calendar, he also shows how his Crash Alert System works so that anybody can follow in his footsteps (click here to watch it now).

One Pager Positional Report On S&P 500 Expected Target 1775 - 1715 - 1650 CMP 1835

S&P 500 Indices SELL @ 1835 stop @ 1905 TGT 1775 – 1715 - 1650

The double top and double bottom are another pair of well-known chart patterns whose names don't leave much to the imagination. These two reversal patterns illustrate a security's attempt to continue an existing trend. Upon several attempts to move higher, the trend is reversed and a new trend begins. These chart patterns formed will often resemble what looks like a "W" (for a double bottom) or an "M" (double top). 

Double Top 
The double-top pattern is found at the peaks of an upward trend and is a clear signal that the preceding upward trend is weakening and that buyers are losing interest. Upon completion of this pattern, the trend is considered to be reversed and the security is expected to move lower. 
The first stage of this pattern is the creation of a new high during the upward trend, which, after peaking, faces resistance and sells off to a level of support. The next stage of this pattern will see the price start to move back towards the level of resistance found in the previous run-up, which again sells off back to the support level. The pattern is completed when the security falls below (or breaks down) the support level that had backstopped each move the security made, thus marking the beginnings of a downward trend. 
It's important to note that the price does not need to touch the level of resistance but should be close to the prior peak. Also, when using this chart pattern one should wait for the price to break below the key level of support before entering. Trading before the signal is formed can yield disastrous results, as the pattern is only setting up the possibility for the trend reversal and could trade within this banded range for some time without falling through. 
Again, volume should be an important focus as one should look for an increase in volume when the security falls below the support level. Also, as in other chart patterns, do not be alarmed if there is a return to the previous support level that has now become a resistance level in the newly established trend. 

S&P 500 is showing sign of formation of double top formation at the level of 1840 – 1845 level and if the resistance of 1905 is holding on weekly closing basis it’s expected that the market will test the midpoint at 1744 as first support and if the pattern continues then 1650 will be the expected target. 

Positional One Pager Report on DE30

DE30 @ 9660 stop @ 9810 TGT 9410 – 9160 – 8910 - 8800

Elliott Wave Theory was developed by R.N. Elliott and popularized by Robert Prechter. This theory asserts that crowd behavior ebbs and flows in clear trends. Based on this ebb and flow, Elliott identified a certain structure to price movements in the financial markets. The article serves as a basic introduction to Elliott Wave Theory. A basic 5-wave impulse sequence and 3-wave corrective sequence are explained. While Elliott Wave Theory gets much more complicated than this 5-3 combination, this article will only focus on the very basics.

There are two types of waves: impulse and corrective. Impulse waves move in the direction of the larger degree wave. When the larger degree wave is up, advancing waves are impulsive and declining waves are corrective. When the larger degree wave is down, impulse waves are down and corrective waves are up. Impulse waves, also called motive waves, move with the bigger trend or larger degree wave. Corrective waves move against the larger degree wave.

From the above chart de 30 has started its upside rally from the level of 8830$ and tested the level of 9771$ which was the starting of the Wave Theory and it was the I Wave. There after minor correction was seen from 9771$ to 8488$ in the form of wave II  which was just near to 50% retracement of wave I, there after it enter in wave III. Looking at the wave III it tested the higher level of 9427$ and it has retraced by 135% of wave I from the bottom of wave II, and exactly tested the higher level of 9427$ and started its correction in the form of wave IV. Wave IV retrace by 64% of wave I and tested the level of 8984$ which was way above the top of wave I and failed to trade below the same and reverted and confirming the wave V. Wave V retrace by 97% of wave I testing the level of 9801$ which was smaller in length of wave III confirming the completion of wave V. After completion wave V at 9801 we have seen retracement in form of wave a and tested the level of 9074 which was just near the previous bottom of wave IV and taking support at same level and bounced. This rise was in the form of wave B where it moved from 9074 level and is tested the level of 9684$ where wave B retraced by 84% of wave A and is showing sigh of entering in wave C. taking 121.8% retracement of wave A we can look at 8800$ as the next target in DE30 in coming days. DE30 is nearing the strong resistance around 9700 to 9800 and we might look at sharp correction in DE30 soon, which might enter in corrective wave in form of C pattern.  On lower side support is seen at 9600 level and sustain trading below the same on weekly closing will confirm the down trend and any rise near the range of 9660 will be a good selling opportunity where advisable  stop to be placed at 9800 and wait for downtrend to continue.

Beware China Trust "Scare Story" But PBOC can Manage - RBS

0500 GMT [Dow Jones] The prospect of defaults among Chinese shadow banks will create "scare stories" during the months ahead, creating headwinds for risk assets and posing the potential for the People's Bank of China to pause policy tightening, says Royal Bank of Scotland. "If push comes to shove, monetary policy settings will be eased," says Louis Kujis, chief China economist at RBS. Risks around the CNY10bn trust industry, which is currently experiencing financial stress, were likely to be containable, he adds. But the rapid development of cheap money market funds, offered by companies such as Alibaba and Tencent (0700.HK), should be watched closely as they are currently not well-supervised, Kujis adds. The PBOC drained CNY48 billion through an offer of 14-day repurchase agreements in an open market operation today, traders said, a week after it let a net CNY450bn drain from the banking system through reverse repo maturities.

(END) Dow Jones Newswires
February 18, 2014 00:00 ET (05:00 GMT)

One Pager Special Report on US30

US30 Indices SELL @ 15860 stop @ 16010 TGT 15550 – 15250 - 15080 - 14800

In above Fig US 30 Indices you will see that in the first a-b-c Pattern to the right you would go short at Point b. For those who day trade and went short when the candlestick broke 15900, marking a clear breakout, would have set a stop at 16010. However, your stop would have been taken out and at $110 a point you would have made a loss of $1100. For those who went short on the “a-b-c Pattern” at the breakdown line would have entered at 15900 with a stop loss at 16010. They could have taken advantage of a – b - c Patterns occurring after the entry point. However, you still would have had to have waited for the high or low to be taken out, be prepared to accommodate “Hook Retests” and to wait for the position to move into profit. Whilst the market breached 15560 you would not have trailed the stop loss because there was no profit locked in.

However, the market is expected to drop on to 14785 which is 100% expansion of a –b from point c. Do you stay in or get out? The Fibonacci Retracement is showing the market may retest 11270. If it does you will make a loss of $2380. You will therefore see the 1-2-3 Pattern does provide profitable opportunities but you need to enter at the right time to ride the trend. Get in to late and there may not be enough movement in the trend to allow you to take profits out. What you need is a method to enter at Point b, ride the trend up and exit at Point c, with tight stop losses for maximum profit. This is where the AB=CD Secret

Pattern comes in.