Day Trading Alert – The Government’s Unemployment Shenanigans – How a Day Trader Can Take Advantage

Day traders and other investors everywhere are being misled by the very organization that we are trusting to lead us out of the current economic predicament that we as a country, even a world, have found ourselves in – The United States Government. And those who want to position themselves to take advantage of the resulting market turmoil will learn day trading strategies of success.

You’ve no doubt noticed the rising unemployment rate over the past year. In recent months, the unemployment rate has crested 10%, and most recently, dipped back down below 10%, to 9.7%. However, the unemployment rate that is released by the Government is not the “true” economic unemployment rate.

In fact, it’s downright misleading. And it is meant to be.

Consider this – in the most recent unemployment data release, the so-called economic “experts” predicted a job GAIN of 10,000 jobs. But instead, we actually lost another 20,000 jobs. And despite the job loss, the “unemployment rate” actually DROPPED from 10% to 9.7%. So ask yourself – how is it possible that the unemployment rate would DROP when we had a net LOSS of 20,000 jobs?

How could we lose jobs, and also reduce our unemployment rate by 0.3%? The answer is very simple – the “unemployment rate” released by the government isn’t the true “unemployment rate”. The unemployment rate that you are most likely familiar with doesn’t include all categories of the unemployed. And the figures have also been “seasonally adjusted”, which artificially skews the data.

If you visit the Bureau of Labor Statistics website and actually research the economic data yourself, you’ll discover that, while the “seasonally adjusted” unemployment rate is 9.7%, the “not seasonally adjusted rate” is actually 10.6%, as compared to the “not seasonally adjusted rate” in December 2009 of 9.7%. So did the unemployment rate really drop 0.3%? Or has the data been manipulated to paint a better picture than reality?

But the unemployment shenanigans don’t end there. In fact, the “seasonal adjusting” factor is just the beginning! The unemployment data released by the government doesn’t actually include ALL unemployment – they conveniently leave out several key categories of American workers. For example, the data fails to include a group called “marginally attached to the labor force”, and a subset of this group called “discourage workers”.

People who fit into this category would include those who have searched for a job, who want a job, but who are not “actively seeking a job”. People who have become so discouraged that they have (at least temporarily) given up. The government would have you believe that these groups should not be included in the unemployment data, because they aren’t actively looking for work.

But this group is still in many cases receiving unemployment compensation, and they are still creating a drag on the economy. Just because you aren’t actively looking for a job does NOT mean that you are no longer “unemployed”. Also, the government’s interpretation of unemployment doesn’t include those workers who …

Student Loan Debt Clock Is Ticking Away At 1.57 Trillion Dollars On Election Day 2016

The academic bubble is ready to burst, all the while academics in their infinite wisdom tell us they know best how to run our society and civilization – don't you find that odd? It seems they haven't gotten their own house in order, and yet, want our entire country to run like a giant college campus – interesting indeed. These same academics want to tell us how to vote, re-distribute wealth, and how to think – well, I think their day of reckoning is right around the corner – and I fear what's to come will not be pretty. No, I don't want to be the one to say; "I told you so." Surely, there are others with more social media followers who see the reality of the situation to spread that in-your-face slap when the time comes. Okay so, let's talk shall we?

40% of the student loans are in technical default (90-days in the rears with no further agreement to catch up on payments). That is 583 Billion Dollars in defaulted loans that we may never see payment of. Trust me when I tell you that the College Loan Bubble has burst and is extreme crisis. Why is this allowed to continue? Well, if it stops it will collapse academia, become a huge problem for our Federal Government, add over 1/2 Trillion to our $ 20 Trillion National Debt, and cause the angst of millennials who the Democrats have all but promised "Free College For All "during the 2016 Presidential Election.

Still, by the time the election is over the Student Loan debt will be 1.57 Trillion Dollars, even though the official figures claim it only 1.2 Trillion which was actually the figure before the start of the 2015 Academic Year.

If you don't see the enormity of the problem, let's talk about the auto industry right now. It turns out that the number of "Subprime" auto loan defaults are at another all-time high of 4.5% – Subprime meaning loans made to those without proof of ability to pay or marginal credit ratings, perhaps coming from low-socioeconomic borrowers. Last time this happened the auto industry crashed and needed a big bailout, and we are reaching those same numbers now – and realize this is only 4.5% not 40-50% like the student loan problem.

Scared Yet? Well, it is Halloween 2016 today, and I am, and no, there won't be any good witches flying in on their brooms to win the next election to use hocus pocus to make this problem go away – indeed, both presidential candidates are likely to see the auto loan problem get worse, as well as the student loan debt problem – not to mention our stock market breaking all-time highs with PE Ratios and major stock market indices records.

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Australia Day

Australia Day is coming up fast and furiously… and when I take a moment and think about what that day means for me and for other fellow Aussies, the thoughts that come into my mind are firstly:

My mother once saying to me… if you had just held off from being born till the next day, you would have been born on Australia Day and received a silver spoon! (Do they still do that… give silver spoons to babies born on Australia Day?)

Another thought is… ah… a public holiday, however, it is within the school holidays and so the advantage for school kids is not that great from that perspective… however, their parents do get the benefit of that day… plenty of BBQs coming up (and yes, we will be a part of that tradition too… )

What does this day mean to each of us here in Australia?

The tradition of having Australia Day as a national holiday on 26 January is a recent one. Not until 1935 did all the Australian states and territories use that name to mark that date. Not until 1994 did they begin to celebrate Australia Day consistently as a public holiday on that date.

How this all started…

This tradition of noticing 26 January began early in the nineteenth century with Sydney almanacs referring to First Landing Day or Foundation Day. On this day Captain Arthur Phillip arrived in Sydney Cove commanding the First Fleet which consisted of 11 convict ships from England. Captain Arthur Phillip also became the first Governor of New South Wales. By the Union Jack being flown as a British Flag this symbolised the British arrival in Australia of the eastern half of Austral that had previously claimed by Captain James Cook on 22 August in 1770.

So for me… it is a mixture of birthday celebrations and Australia Day celebrations… my BBQ Dream Team will come over and as usual perform their miracles extraordinaire… they are my two son-in-laws that man up the barbee… and what they conjure up is just plain mouth-watering! Added to that will be a chocolate birthday cake.

I am sharing my birthday with one of my daughters from this year onwards, as her birthday is on new year’s eve, and it barely gets a look at… so we from this birthday forward, will share in the celebrations of both birthdays on the one day…

However,

There is now another aspect of Australia Day that we all can be all proud of and that is our beloved country is the home to many, many nationalities… each nationality bringing its own gifts to Australia, and let us not of course forget our own Aborigines, Indigenous Australian Peoples that were here way before the Union Jack Flag was ever first flown!

I always think of the different foods that each nationality brings to the table!!! This is always a really nice place to start!

So with our Flag flying high, our spirits uplifting, our friends …

Kenya's Madaraka Day

On 1st June each year, Kenya celebrates Madaraka Day, a day which commemorates the beginning of Kenya's self-governance. "Madaraka" is a Kiswahili word meaning "responsibility" and 1st June signifies the day the British colonial rulers handed over the responsibility for governing Kenya to the Kenyan people.

Throughout most of the 1950s, the Mau Maus had been fighting in Kenya's central highlands against British rule. Tens of thousands of Kenyans had died during the struggle with the British suffering relatively low losses. However, the rebellions led to increased political involvement being granted to Kenyans and eventually, on 1 June 1963, the British handed over the reins to the Kenyan African National Union (KANU) and its leader, Jomo Kenyatta, became Kenya's first Prime Minister.

Although Kenya now had internal self-rule, it was not yet fully independent from the colonial power. So Madaraka Day is not the same as Kenya's Independence Day – that is celebrated in December. Independence came six months after Madaraka on 12 December 1963. Another year later Kenya became a Republic and Kenyatta's title was elevated to President of the Republic of Kenya.

Nowadays, Madaraka Day is one of Kenya's big celebrations. The main event is the President's address at Nyayo Stadium along with singers and dancers from all over the country performing traditional songs.

In 2013, Kenya celebrated its Jubilee – 50 years of independence. There were mixed reactions from the population about Kenya's progress over the past 50 years and as a foreigner living in Kenya, it was very interesting to hear the comments. Some people said that with the high levels of corruption in the government, Kenya has not progressed at all since independence, while others were positive about Kenya's development and simply enjoying the fact that they had been free from the colonial power for 50 years.

Madaraka Day Safaris

Madaraka Day is a public holiday in Kenya and usually marked by a long weekend that gives Kenyans a chance to travel. It is at the tail-end of the rainy season as well, giving Kenyans all the more reason to get out of town and enjoy a holiday. Rhino Charge, an incredible 4×4 rally in isolated bushland, is held on Madaraka Day weekend each year. Even for non-competitors it is a fun event: camping out, watching some amazing driving feats, and enjoying the party each night. In 2015, the Lake Turkana Cultural Festival was also held on the Madaraka Day weekend, but it is not yet confirmed whether it will remain on these dates next year.

Kenyans definitely know how to celebrate their public holidays so as you are planning your safari, have a look at the calendar and try planning it around one of these events. Or you can contact us ( tracey@ota-responsibletravel.com ) and we can give you some ideas of holidays and festivals you might enjoy in Kenya throughout the year.

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When Do You Celebrate Freedom, Emancipation or Independence Day?

April 15 is usually tax day in the United States. This is the due date when American citizens have to file tax returns. But it's 2011 and tax day is not Friday, April 15. Instead, taxes are to be filed by midnight April 18, 2011. Normally, the only reason tax day is later than the 15th, is when the 15th falls on Saturday or Sunday.

Why is April 18 Tax Day in 2011?

It's because of the Emancipation Day holiday in Washington, DC. President Abraham Lincoln signed the Compensated Emancipation Act on April 16, 1862 to free slaves in the District of Columbia. In observance of the DC holiday, 2011 Tax Day was moved forward one business day, landing it on Monday, April 18.

When were the slaves emancipated?

The April 16, 1862 Compensated Emancipation Act freed about 3000 slaves.

Most American children are taught about the Emancipation Proclamation which Abraham Lincoln issued on September 22, 1862. Under this executive order the United States president immediately freed 50,000 slaves and proclaimed the freedom of 3.1 million of the nation's 4 million slaves effective January 1, 1863. So, two more emancipation dates we could celebrate.

Not covered by the Emancipation Proclamation were nearly 500,000 slaves in the Union slave-holding border states of Missouri, Kentucky, Maryland or Delaware. These slaves were freed by separate state and federal actions. So more freedom from slavery dates.

Although freedom was proclaimed on many dates, slavery did not officially end in the United States until after the American Civil War, which lasted from 1861 until 1865.

What is Juneteenth?

Juneteenth is yet another emancipation celebration. The news of the ending of slavery and the Emancipation Proclamation did not reach the slaves in Texas until June 19, 1865. June 19 marks the date that Major General Gordon Granger and Union Army troops arrived in Galveston, Texas, and announced the end of the Civil War and the freedom of all enslaved persons. The name Juneteenth is a portmanteau of June and nineteenth. It is recognized as a state holiday in 37 states of the United States.

Another Freedom Day in Texas

Texas used to be Mexican Texas. The Texas Declaration of Independence, adopted on March 2, 1836, created the Republic of Texas. Hence the State of Texas has an official holiday called Texas Independence Day.

When is United States Independence Day?

The United States federal holiday is July 4th. Independence Day, also known as the Fourth of July is considered the national day of the United States. It commemorates the July 4, 1776 Declaration of Independence, from the Kingdom of Great Britain. Fourth of July fireworks are a tradition. While many holiday dates have been changed to fall on a Monday, Independence Day is always celebrated on July 4th.

What is Tax Freedom Day?

Annually, the Tax Foundation, a fiscally conservative think tank, calculates how long it will take Americans to earn enough money to pay their federal, state and local tax bills. For 2011 it's one hundred

El Salvador Celebrates Soldier’s Day

El Salvador’s Soldiers’ Day: May 7, 2010 Soldiers’ Day is a public holiday in El Salvador.

Every year on the 7th of May. El Salvador marks the founding of its armed forces in 1824.

History of El Salvador’s Soldiers’ Day

The Fuerza Armada de El Salvador or the Armed Forces was established in 1840 after the dissolution of the United Provinces of Central America.

With the other countries of Central America, the nation declared its independence from Spain on Sept. 15, 1821, and was part of a federation of Central American states until that union dissolved in 1838.

Independence has been a tradition even through the many revolutions that have governed the nation. Military dictatorship was the rule of government from 1931 to 1979.

In 1969, El Salvador invaded Honduras after Honduran landowners deported several thousand Salvadorans. The four-day war became known as the “football war” because it broke out during a soccer game between the two countries.

The United Provinces of Central America was a central American sovereign state which has a brief existence from 1823 to 1840. It included the following countries in Central America: El Salvador, Honduras, Guatemala, Costa Rica, and Nicaragua. With the nationalism of each region being important to each people, individual independence of each province became an important goal of the areas.

The Armed Forces of El Salvador is composed of the Army, the Air Force and the Navy which was reestablished in 1952 after 40 years of absence. The event that leads to the creation of the armed forces is now known as Soldiers’ Day.

El Salvador’s Soldiers’ Day: Traditions, Customs and Activities

Soldiers’ Day is celebrated with grand parade among the members of the Armed Forces. Celebrations and ceremonial activities follow where relatives and friends of members of the soldiers are allowed to attend. The day is a celebration for the soldiers of the military with parades of the divisions of active soldiers and retired soldiers. The parades are followed by a ceremony and celebrations at each military base throughout the country. Relatives and friends are invited to celebrate together with the military forces stationed throughout the country.

Today, the prosperity so each country is dependent on the other country in the area. As each country in the Latin American region struggles with the challenges of economic stability, the people take much pride in their heritage and national achievements. But, traditionally the borders of the area continue to be in dispute and have required outside intervention to settle border conflicts.

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Bahamas Independence Day

Bahamas Independence Day: July 10, 2010 – Bahamas Independence Day is celebrated today.

The country gained its independence from Great Britain in 1973. Nassau, on New Providence Island, is the capital and the largest city. An island country in the Atlantic Ocean east of Florida and Cuba comprising some 700 islands and islets and numerous cays.

Bahamas Independence Day History – The islands were inhabited by Lucayan Tainos when Christopher Columbus sighted them on Oct. 12, 1492. The Spaniards made no attempt to settle but carried out slave raids that depopulated the islands; when English settlers arrived in 1648 from Bermuda, the islands were uninhabited.

They became a haunt of pirates and buccaneers, and few of the ensuing settlements prospered. The islands enjoyed some prosperity following the American Revolution, when loyalists fled the U.S. and established cotton plantations there. The islands were a centre for blockade runners during the American Civil War. Not until the development of tourism after World War II did permanent economic prosperity arrive. The Bahamas was granted internal self-government in 1964 and became independent in 1973. Bahamas Independence Day Traditions and Activities In the less developed outer islands, handicrafts include basketry made from palm fronds. This material, commonly called “straw”, is plaited into hats and bags that are popular tourist items during this day. Another use is for so-called “Voodoo dolls,” despite the fact that such dolls are the result of the American imagination and not based on historic fact.

Obeah, a religion of folk magic, sorcery, and religious practices derived from Central African and West African origins, is practiced in some of the Family Islands (out-islands) of the Bahamas. Junkanoo is a street parade of music, dance, and art held in many cities of the Bahamas.

Regattas are important social events in many family island settlements. They usually feature one or more days of sailing by old-fashioned work boats, as well as an onshore festival. Some settlements have festivals associated with the traditional crop or food of that area, such as the “Pineapple Fest” in Gregory Town.

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Day Traded Financial Instruments – Currencies

The debt ceiling debacle and government shutdown have affected our normal trading operations in several ways. I’ve been a stock index trader since the early 1990’s when I began working and trading at the Chicago Mercantile Exchange. The news cycle lasted at least 24 hours before newspapers and television morning shows would revise or alter the political landscape and issues of the day that may affect market behavior. Furthermore, the U.S. financial markets closed for business at 4:15pm and didn’t re-open until the following morning. This forced all of the market participants into a, “time out.” Finally, this allowed the markets’ participants to digest the day’s events and adjust their trading plans accordingly.

Fast forward to 2013 and the news cycle is delivered 140 characters at a time by anyone who thinks they may have something newsworthy to say. This all noise, no signal news environment is then transmitted via every conceivable electronic gadget, TV, and satellite radio to completely overwhelm the markets’ participants.

Fortunately, we live in a world where everyone is entitled to anything they want. The sellers of, “want” support this by providing access to the markets nearly 24 hours a day. Furthermore, the same sellers of access to open markets, the brokerage houses and government regulators have decided that 24 hours a day isn’t enough. We’ll stay open on several bank holidays as well. Our clients won’t be able to transfer funds if they get in trouble but the odds are, it won’t be our margin call and the commissions will cover any punitive damages if there’s a joint action against the brokerage industry.

The previous sarcasm is securely based in the trading world in which I exist. There are times when the only truth in the market is the market’s last traded price. This is where the rubber meets the road and the best bids meets the best offer, the contract is sealed. The noise can be tuned out. The TV can be turned off. The strategy shifts from big picture investing and turns to technical analysis and day trading. Based on my experience, the exchange traded currency markets can be the best option due to their volume, contract size and responsiveness to technical analysis.

Successful day trading in any market requires the proper degree of volatility and contract size. These are the determining factors of whether a given market has enough Dollar based movement to be profitable. The simplest method of figuring this out is to multiply the average daily trading range over the last several days by the tick value in the market you’ve selected. The Euro Currency has an average daily range of about $.0077. That doesn’t sound like much but the Euro Currency has an exchange listed contract value of $125,000. Therefore, the average movement is $.0077 X $125,000, which is an average daily dollar movement of $962.50. Another way of looking at it is that the Euro has a tick value of $12.50 and has an average range of 77 …

The Meaning of President’s Day

In 1885, President’s Day was made an official national holiday by the federal government in the United States. Originally, the holiday was called “Washington’s Birthday” in recognition of our first president George Washington. Traditionally, the holiday is celebrated on February 22nd, which is George Washington’s date of birth. In 1971, Congress passed the Uniform Monday Holiday Act, which created a 3-day holiday weekend and changed the commemoration to be known as “President’s Day”. The legislation also officially combined the holiday to celebrate George Washington’s and Abraham Lincoln’s birthday.

George Washington served as a general in the revolutionary war, became the first president of the United States, and is known as the father of our country. He is considered one of the most important figures in American history. His likeness can be seen on Mount Rushmore and the dollar bill. Also, he is well-known for the story of the cherry-tree. The story tells of how a young George Washington received a hatchet when he was 6 years old and cut down his father’s cherry tree. When his father questioned him about the tree, George famously responded “I cannot tell a lie… I cut down the cherry tree.”

Abraham Lincoln is known as one of the most important statesman in American History. He held the country together during the civil war and is credited for saving the union. Lincoln delivered the Emancipation Proclamation, which began with the iconic phrase “Four score and seven years ago,” which freed all of the slaves in the rebellious states during the civil war. President Lincoln is also known for one of the most famous speeches in American history, the Gettysburg Address. This speech was conveyed during the American Civil War at the dedication of the Soldiers’ National Cemetery in Pennsylvania. This speech reiterated the principles of human equality affirmed by the Declaration of Independence. Lincoln declared the Civil War as a struggle for the preservation of the Union that would bring true equality to all citizens. Lincoln also redefined the Civil War as a struggle not just for the Union, but also for the principle of human equality.

Washington and Lincoln still remain as the two most recognized leaders in American history, but President’s Day is now popularly seen as a day to honor the lives and achievements of all of America’s past presidents. Like Independence Day, President’s Day is traditionally viewed as a time of patriotic celebration and remembrance. This President’s Day remember the contributions, sacrifices, and virtues bestowed upon our great nation. Show your patriotism and celebrate America’s rich history.

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