Some of you wondered how frequently we will be posting content here? The answer is - it depends.
Our blog is relatively new, but if you enjoy this blog and desire more, or even daily content, we will require a lot more followers. So frankly we remind you to follow it using Google connect and equally remind you that it is in your best interest to promote this blog to your business associates, friends and peers.
In a nutshell, the more users we see on our blog, the greater our incentive will be to teach here in our global cyberspace classroom. Is KRTT teaching valuable and well above the global standard for financial education?
Well, in case one needs a little more encouragement, then let us suggest carefully studying the message posted at the bottom of today's blog.
The Markets Today
As for the financial markets today, the USA markets and especially the heavily weighted financial stocks ran into some serious credibility issues today, after a nation-wide legal probe was launched into bank mortgage lending procedures. KRTT seldom looks at financial news as important, but there is a rare exception when it could evoke a significant material change.
Legal issues can indeed be material in nature, so the situation here - especially if you own USA financial stocks should be closely monitored. Use stops if you are a ST trader - yet in the longer term, many USA Financial stocks look historically cheap for patient investors.
Also, as we have stated before, USA financial stocks are a heavy component in the weighted SP 500 index, so the equity markets have far more difficulty advancing when a heavily weighted sector is declining.
That stated, after the sell-off today and again nearing the closing bell, the markets bounced back hinting of potential PPT involvement. If you do not know about the PPT - then you have not properly checked out our blog Educational page.
Check out USA Attorney Generals in 50 States Launch Probe Into Mortgage Lenders
In summary, as to the overall global indices and equity markets at the closing bell - our two charts tell the story far better than any words since they are in fact representative of the trend truth.
We remain bullish for now, but expect the final ride up from here to become more volatile in the next week, or so. Given the magnetic double top we describe in our chart mark-up comments today - there is still some upside room, but a minor four down is forecast (orange) before the next more important change in trend (CIT)
Best regards,
James Kelly Sr.,
Editor in Chief
www.KRTT.com
www.Facebook.com/KRTTcom
www.twitter.com/KRTTcom
The Financial Truth is Closer Than You Think
Over 100 years ago an American who was a financial genius, informed Wall Street in the early 1900's that the financial markets moved according to - Science and Natural Law.
A century later it is clear that few really listened to him, or believed him and further, the financiers (bankers and dealers) of the day quickly realized that they could not understand a science theory without investing time, hard work, and gaining a better education and one that encompassed - science - which they lacked.
Nor could bankers, dealers and money handlers make money or charge high commissions off of science phenomena accessible and widely known to the masses. This would obviously and easily trump their power of financial knowledge and persuasion that it was they whom held the secrets of wealth.
Worse, science could create conditions whereby they, as advisers to the rich, would lose their financial power over people’s capital if they were not held out as the experts. This implied that technically any superior knowledge of science leading to discovery of how the financial markets really worked was considered a threat to their power. A plan ostracizing the author, and creating financial diversions away from that truth seemingly was evoked.
Eventually, those discoveries of science and universal laws ruling financial markets, made by that financial giant were mainly lost. They were discarded as in err, foolish, easily overlooked for greed and laziness, to maintain control for selfish reasons, and in the end, the work of a true genius was ignored, or at least - successfully marginalized.
The genius's name was W.D Gann.
Eventually, those discoveries of science and universal laws ruling financial markets, made by that financial giant were mainly lost. They were discarded as in err, foolish, easily overlooked for greed and laziness, to maintain control for selfish reasons, and in the end, the work of a true genius was ignored, or at least - successfully marginalized.
The genius's name was W.D Gann.
Then, a few short decades later, yet another famous American emerged by the name of R.N. Elliott.
Elliott similarly observed and suggested by charting (early technical analysis) that all financial instruments were absolutely exhibiting very similar and predictable patterns. How, or why could this happen to so many unique and very different financial instruments? The implication of Elliott's findings and observations about how financial markets worked were massive. Was a universal clock or rhythm leaving distinct patterns over and over?
So was founded the Elliott Wave Principle based on the discovery of R. N. Elliott - that was undeniable.
Yet today, the few financial experts on our planet that really understand and accurately employ EW theory in their analysis, are about as rare and unique as 200 plus carat diamonds.
Now about 100 years later all of these amazing findings truly based on the work of financial giants and other contributing scientists over decades, including Edward R. Dewey, the man who formed the Foundation for the Study of Cycles, whom have jointly re-discovered over and over, a multitude of important cycles. Yet they too are still largely avoided, marginalized, and overlooked. In essence, the financial truth is still being - intentionally ignored and marginalized.
But, a few brave investigative financial journeymen equally vowed by their dedicated work - never to forget and believed that such great discoveries by great men should not be lost, now overlooked, and must be investigated to the end. After all, even Albert Einstein using physics, quantum mechanics, and math, concluded the Universe was structured and ordered and that God had not merely "rolled the dice." His theory of relativity is yet another example.
It is not an easy task to discover or teach humanity - the truth. Society is often lazy and prefers the status quo. So great teachers today still continue to be marginalized, because like Gann and Elliott, they frequently have very different life priorities, and ultimately become rich in knowledge, yet remain poor in the overall capitalistic plan and dominating political world focus of attaining power and capital.
Worse to many modern financiers, they represent another Gann-Elliott-like threat all over again, but this time - in an more aggressively competitive world. One can easily observe that valuable financial technical analysts, compared to all other analysts - are underemployed. In Canada they are employed in extremely tiny numbers and remain marginalized in all of Canada's large global investment banks. Yet frankly, it is only through technical analysis that one discovers and finds the financial trend truth, and whereby such great mathematical and science discoveries were made. Financial technical analysis is essentially the science laboratory, whereby all great financial science and universal laws are hidden.
Today, a tiny largely unknown Canadian financial teacher at Kelly Research Training and Technology after decades of financial work as both an amateur and a financial professional, has verified in thousands of hours of research, exactly what Gann and Elliott stated about a century ago.
So, what is this great financial science truth?
According to KRTT - the financial markets are indeed operating in exact accordance to cycles, science, and universal laws, exactly as these two financial giants had foretold a century ago.
Do you still want to remain ignorant and overlook the financial truth? Start your financial education based on the truth by finding out more by calling Kelly Research Training and Technology today.
But, a few brave investigative financial journeymen equally vowed by their dedicated work - never to forget and believed that such great discoveries by great men should not be lost, now overlooked, and must be investigated to the end. After all, even Albert Einstein using physics, quantum mechanics, and math, concluded the Universe was structured and ordered and that God had not merely "rolled the dice." His theory of relativity is yet another example.
It is not an easy task to discover or teach humanity - the truth. Society is often lazy and prefers the status quo. So great teachers today still continue to be marginalized, because like Gann and Elliott, they frequently have very different life priorities, and ultimately become rich in knowledge, yet remain poor in the overall capitalistic plan and dominating political world focus of attaining power and capital.
Worse to many modern financiers, they represent another Gann-Elliott-like threat all over again, but this time - in an more aggressively competitive world. One can easily observe that valuable financial technical analysts, compared to all other analysts - are underemployed. In Canada they are employed in extremely tiny numbers and remain marginalized in all of Canada's large global investment banks. Yet frankly, it is only through technical analysis that one discovers and finds the financial trend truth, and whereby such great mathematical and science discoveries were made. Financial technical analysis is essentially the science laboratory, whereby all great financial science and universal laws are hidden.
Today, a tiny largely unknown Canadian financial teacher at Kelly Research Training and Technology after decades of financial work as both an amateur and a financial professional, has verified in thousands of hours of research, exactly what Gann and Elliott stated about a century ago.
So, what is this great financial science truth?
According to KRTT - the financial markets are indeed operating in exact accordance to cycles, science, and universal laws, exactly as these two financial giants had foretold a century ago.
Do you still want to remain ignorant and overlook the financial truth? Start your financial education based on the truth by finding out more by calling Kelly Research Training and Technology today.
KRTT - Letting the financial truth speak clearly and be rediscovered. KRTT - Training for the Human Race
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