By Poly

This is an excerpt from this weeks premium update from the The Financial Tap, which is dedicated to helping people learn to grow into successful investors by providing cycle research on multiple markets delivered twice weekly. Now offering monthly & quarterly subscriptions with 30 day refund. Promo code ZEN saves 10%.

Cycle Counts


Cycle Count Observation Probable Outlook Cycle Clarity Trend
Daily Day 29 Range 36-42 Days – 2nd DC Bearish Green Failed
Investor Week 12 Range 20-24 Weeks Bearish
Green Failed
4Yr Month 76 Range 50-56 Months- 8th Investor Cycle. Bearish Green Up

It’s sad that equity markets continue to be so focused on the FED, and the liquidity support it may or may not provide. In my view, this is symptomatic of the entire bull market advance, and is evidence that the bull market is not built on secular economic expansion, as is both normal and healthy. Any market that is artificially supported is living on borrowed time. The current fixation with the FED is born from fear that the liquidity support will be removed.

I do not believe that the FED is as clueless as many investors want to believe. Rather, the FED has created an environment from which it is very difficult to exit. In 2008, with the economy facing a serious bout of deleveraging, the FED chose to push the problem into the future by papering it over. In doing so, they put their policies on the path of no return; at this point, the FED is so committed to easy money that any exit would be crushingly painful.

And this is why it’s ludicrous to think that the FED could have raised rates during the current business cycle expansion. Rate hikes are normally a tool to cool off an economy that is overheating, and that’s clearly not the case today. Although the economy is expanding and there are some bright spots, the expansion is clearly tepid and mixed across sectors. When we consider that both the Federal Reserve and the Federal Government have undertaken the most aggressive accommodative support for markets in world economic history, it’s clear that what little growth we have is the result of monetary intervention and not organic economic activity.

With low, liquidity-driven growth and an aging business cycle (it’s been six years since the last recession), the chance of a rate hike is almost nil. We should consider that there is a far greater chance of more quantitative easing being needed to keep markets propped up.

Although I’m not generally a fan of the monthly payroll number as a barometer of the current market environment, the downtrend developing in the numbers is alarming. And the report itself was dismal; the Labor Department reported an adjusted increase of 142,000 jobs in September, and also revised both July and August lower. On a three month basis, the trend is now lower and this is the first time we’ve seen back to back months with below 200,000 jobs created. (more…)

By Charlie Brown

When finance management is undertaken properly, it becomes easier to save money for future financial security. Savings are an important component of managing finances. Managing your money is essential because it determines how you live and what you are able to accomplish. Better money management will go a long way towards helping you improve your financial situations.

Monitor Spending

The first step towards effectively managing your money is to monitor your spending habits. This involves finding out where your money goes and what exactly your money is being spent on. With this type of tracking, you are likely to notice some unexpected spending patterns that show you are spending more on certain items than you previously thought you were.

To monitor your finances, you need to keep records of your expenditure. Different types of budgeting software can be downloaded online to make it easier for you to track your expenditure. Accurate records will enable you to see where your money is going.

Budget and Spending Plans

Budgets and spending plans make it possible for you to curb your spending and manage your finances properly. Spending less than your earnings will help you save more money. Keep records of your income and the amount that you spend on monthly expenses. Make a plan regarding how you will spend or save the money that remains.

Monitoring your spending for at least a month will show where you can cut down on costs and make it easier for you to stick to your budget. When you develop your budget, include both regular and irregular expenses. Make sure that there is some money for you to set aside every month. It is important to asses your budget regularly in case there are changes in your earnings or expenditure.


When you are aware of where your money goes and reduce your spending, you can begin saving effectively. Financial prosperity requires you to put aside some of your money. Initially, it may be challenging for you to set aside money because you are used to spending it. You can begin by saving a small percentage of your income and as you get used to the process, gradually increase your savings. (more…)

stored in: Technical Analysis and tagged:

Karen sent me this interesting image today I thought I’d share.


By Charlie Brown

If you want to join the trading world, then you need a significant amount of capital, which is often difficult to get if you have bad credit. Trading is a great way to make money and expand your financial portfolio. You can trade in stocks and commodities to make more money. Bad credit is a limiting factor for many people because high street banks and some lenders are not willing to take the risk of issuing loans to people with bad credit. However, there are some lenders who specialize in giving loans for bad credit.

You probably have bad credit if you have experienced any of the following problems:

  • Declined loan applications with banks
  • County court judgments for debt
  • Arrears and defaulted payments
  • Bankruptcy
  • Individual voluntary arrangement to avoid bankruptcy
  • Bad credit history
  • No credit history
  • Self-employed with no accounts and no proof of income
  • Part time employment

These are the common credit problems that will probably prevent you access to the financing you need to start your trading business.

Borrowing options

There is no single type of bad credit loan that can deal with all the problems mentioned above. However, there are ranges of loans that can accommodate your form of impaired credit. Most bad credit loans often have higher costs in interest rates or require some form of security. Your personal circumstances and credit status will determine your borrowing options. First, you should know your credit rating then start shopping around for different borrowing options.

1. Guarantor loans (more…)