Tag Archives: Yorba

The AIG Trial – The 2008 Crash 6 Years Later

It’s been six years now since the bottom fell out of the stock market.

That was a tumultuous time, with the global financial system on the brink of total collapse.

And at the heart of the crisis was American International Group (AIG), the huge insurance company that had put itself on the line with credit default swaps on collateralized debt obligations (CDOs) to insure $441 billion worth of subprime mortgages. As the housing bubble began to deflate in 2007 and 2008, AIG had to pay out on more and more claims, until the big banks that had created the fraudulent CDOs backed with Liars’ Loans put themselves in jeopardy, ultimately pushing AIG into a massive liquidity crisis and virtual bankruptcy.

On September 16, 2008, with stock prices in a nosedive and the U.S. financial leadership in full panic mode, Ben Shalom Bernanke, at the head of the Federal Reserve Board, in collusion with U.S. Treasury Secretary Hank Paulson and New York Federal Reserve President Timothy Geithner, pushed through a high-interest federal loan to AIG of $86 billion and demanded the resignation of AIG CEO Robert B. Willumstad, who was replaced by Edward M. Liddy, a board member at Goldman Sachs.

More than five weeks before the collapse of AIG, on August 7, 2008, I had put the spotlight on AIG during an interview with Michael Yorba on his Commodities Classics TV show:


Although I called for “considerable downside” for AIG and the markets in general because of the then-imminent ingress of Pluto into Capricorn, and identified the September 23, 2008 Mercury/Mars conjunction at a Mercury station as a target zone for a trading bottom following a price decline by AIG and the insurance industry as a whole, I was definitely too conservative in my forecast at that time. Instead of finding a bottom at 17.25 as I thought possible, AIG dropped to below $5 a share – but it did find a trading bottom following the September 23 Mercury station.

The details about AIG are especially worth reviewing now, more than six years after that original interview, since AIG and all the big financial players from that time frame are the focus of a major trial set to begin in U.S. Federal Court of Claims on Monday, September 29, 2014. During the AIG trial, many new facts about the mechanics of the government bailout of AIG are likely to come to light. Former Federal Reserve Chairman Ben Shalom Bernanke is expected to testify, as well as former Treasury Secretary Henry Paulson, and Timothy Geithner (president of the New York Fed in 2008, and later Treasury Secretary).

Bernanke’s testimony in the AIG trial is certainly likely to attract lots of media attention. During a 2009 interview with 60 Minutes, he said that the AIG collapse made him so angry at the time that he “slammed down the phone more than a few times.”

During that interview, Bernanke said that “It’s absolutely unfair that taxpayer dollars are going to prop up a company that made these terrible bets, that was operating out of the sight of regulators, but which we have no choice but to stabilize, or else risk enormous impact, not just in the financial system, but on the whole U.S. economy.”

In spite of Bernanke’s claims, however, the argument in the AIG trial is that the Federal Reserve and the U.S. Treasury used the ailing AIG “as a vehicle to covertly funnel billions of dollars” to Goldman Sachs and other financial institutions favored by the government in a nefarious backdoor deal.

The complaint in the case for the AIG trial notes that “This is the only time in history when the government has taken without just compensation and/or illegally exacted the assets and equity of a company and its shareholders in connection with a loan, let alone a fully-secured loan bearing an extortionate interest rate.”

A Chat with Yorba on Astro-Trading Gold

When I got together with Michael Yorba during his interview with me on the Traders Network TV show earlier this week, we spent some time reviewing the Emerald Tablet trading strategy that’s discussed in the book on Mercury, Money and the Markets: Profitable Planetary Cycles for Short-Term Astro-Trading.

I posted the trading charts for Gold on a recent blog post, and used them as illustrations for my discussion with Michael about the potential for refined astro-trading timing by using both the inferior Sun/Mercury conjunction and the superior conjunction as well.

You can see those Gold charts at http://marketastrologer.realbusinessresults.com/another-emerald-tablet-trade-gold/

But Michael also used the interview time to review the ways that planetary indicators can highlight many market trends, offering us a clear advantage when we use astro-trading techniques.

You can watch the video recording of the entire interview from Thursday’s Traders Network show right here:

By the way, the webinar that I mentioned to Michael at the end of the interview was a live event later that evening; We got a video recording of that event as well; and it’s worth watching as an introduction to our Gold-Plus Elite membership program at FinancialCyclesWeekly.com and a review of the great material that’s in the works with our new class on How To Find The Money In Your Horoscope.

You can see the webinar recording here:

http://vibrationcode.com/august-2014-gpe-webinar-replay

Yorba’s Questions About A Stock Market Trading Top

“Thanks for keeping us on the right side of the market, Tim.”

That’s what Michael Yorba said at the end of our televised interview yesterday.

He’s been getting the bugs out of his new TV production format, but the format itself is secondary to the high-quality content his show consistently delivers.

During our interview yesterday we discussed the planetary factors that are ganging up right now to make a stock market trading top a bigger probability – including the Super Moon, the Mercury Retrograde Return, the Jupiter Ingress, and of course the big Jupiter/Apollon waning square that’s already shaking things up so much.

You can watch the entire segment from yesterday’s show right here:


I Talk Stock Market Trading on New Yorba TV Launch

Michael Yorba never stops trying.

For a number of years now he’s been a non-stop promoter of excellence and education for traders, and along the way he’s been a noteworthy pioneer in using the internet as a broadcast medium while he’s opened up new opportunities for improved stock market trading.

He put together the “Commodity Classics” online TV show as a live streaming video feed when a lot of the audience he was trying to reach just didn’t have access to enough bandwidth to make streaming video commonplace.

But Michael kept pushing the envelope, putting out show after show on a live video feed when a lot of other internet communicators were struggling to get pre-recorded video up on their web sites.

In more recent years, with his “Traders Network” program, Michael Yorba has perfected a talk-radio format for his internet broadcasting that consistently delivers high-quality content to listeners around the world. He’s attracted a big international audience.

Since his early days of television experimentation I’ve had the good fortune to be a guest on his shows on a number of occasions, and I’ve always been impressed with Michael’s skill as an interviewer– he has a great way of asking the kind of probing questions that help clarify complicated material and make important concepts clear on the air.

That’s why, when he called me last week to let me know that he was launching a new television show, I was eager to get involved.

His new program is still very much in the test-drive phase, and even though the video technology has vastly improved over the past few years there’s a lot to juggle in getting a live show up and running.

So it wasn’t too surprising that things were a little wild from the video technology end of things when I was a guest on the third episode of his brand-new show yesterday. There are plenty of bugs that still need to be worked out, and I obviously need to get a little more mastery of keeping multiple computer screens going, keeping my facts straight and remembering to look into the camera.

But for what it’s worth, here’s a recording of our shenanigans on the air yesterday. Take a look and share your comments– and remember, you’re getting to see history in the making!

Hitting Astro-Resistance in Stock Market Trading

For the last couple of trading days I’ve been keeping a close eye on the 1,964 price level in the S&P 500 index.

When I was on Michael Yorba’s radio show last week, I had used my astrological studies and harmonics work to identify two potential areas of resistance for stock market trading in the S&P – at 1,964 and at 2,009.

On Friday and Monday the 1,964 resistance zone held firm, with the index trading as high as 1,963 and change both days– but no higher.

Today, however, the intraday action in the S&P has already moved above the 1,964 level. As I’m writing this the index stands at 1,966.08; earlier today it moved a little bit above 1,968.

Does this mean that the 1,964 resistance level has been broken?

Possibly, but I won’t consider it a sure thing until after the closing bell for trading today.

If the S&P closes the session today above the 1,964 mark, I’ll consider it to be a signal that the resistance is no longer holding.

If that happens, I’ll be looking for another close above 1,964 in tomorrow’s trading to confirm the breakout. If that takes place, we’ll be watching for resistance at 2,009 next.

But my back-testing and astrological studies still seem pretty clear at this point that there’s considerable bearish pressure right now, so I’m anticipating a price pull-back before the end of the day.

If we get a pull-back, and if the S&P closes today at 1,964 or below, it will give us strong confirmation that our astrological was correct, and we’ll be looking for a further move to the downside before the end of the week in our stock market trading, with the possibility of a rebound during the final trading sessions on Thursday or Friday.

By the way, if haven’t put your name on the early-bird list for notification about our new publication on “How To Time The Next Market Trading Top” this is the time to take action! You’ll find the link to the list at:

http://vibrationcode.com/timing-trading-top-optin

Astro-Trading Silver at the Summer Solstice

When I was interviewed by Michael Yorba on his Traders Network radio show yesterday, we had a great chance to discuss this weekend’s Summer Solstice and it potential impact on the markets.

The Summer Solstice will arrive at 6:51 a.m. EDT on Saturday morning, June 21st.

This event is carrying some extra weight this year because of the recent activations of the 90-degree cardinal point at the beginning of Cancer by Venus and Mercury. These events have already shown their importance in moving the markets; the Summer Solstice is the Sun’s activation of that same 90-degree point in the cardinal axis. That’s just one of the reasons that W. D. Gann gave it so much attention.

To get an idea about the potential impact of the Summer Solstice on stock market trading, be sure to check out this chart for the historic effect on the S&P 500. As you can see, our back-testing of this index during this annual event gives us good reason to consider adding some short positions to the Financial Cycles Model Portfolio at this time.

But not all markets are likely to decline at the Summer Solstice. Take a look at what happened to Silver when this event took place last year:

Silver Summer Solstice 2013
Silver responded emphatically to the Summer Solstice in 2013, with the precious metal climbing by nearly 13% in the month of trading just after this key planetary event.

Needless to say, if you’re interested in trading precious metals, be sure to your homework thoroughly! Even though we got a big bounce in Silver at the Summer Solstice last year, and even though the Summer Solstice coming within three trading days of an isolated low in Silver about 76% of the time, this event only triggers a trend reversal to the upside about 29% of the time. So a rally in Silver (or in any other precious metals) is not a foregone conclusion following the Summer Solstice this year.

You’ll get more details about the Summer Solstice activation of the 90-degree cardinal point and its creation of a major zodiac pressure point for the markets in this recording of the complete 10-minute interview with Michael Yorba during yesterday’s show on the Traders Network:


click here to download or listen on your mobile device

By the way, during this interview I mentioned to Michael that I’m currently working on some new planetary cycle research to help fine-turn our understanding of the trading top that’s just ahead of us in the equities markets. This new report on “How To Time The Next Market Top” will be available in about a week; CLICK HERE if you’d like to get on the list for early-bird notification as soon as it’s available.

Unanswered Questions as the Planets Impact Stock Market Trading Movements

Wow!

I always enjoy the opportunity to chat with Michael Yorba when he invites me to be a guest on his Traders Network radio show– we discuss the upcoming prospects for stock market trading, and he does a really great job of asking questions that bring the planetary connections with market movements into an understandable perspective.

But during our time on the air together just before the closing bell on Wall Street yesterday, the conversation was not only lively– it took us into a lot of interrelated topics that ultimately provided a great overview of the big-picture situation in the markets today.

As Michael put it during the interview, “A lot of people are yawning at the markets now, but I’m not so sure that this is one of those yawning moments. It could be the start of something big.”

We touched on the impact of Mercury and Neptune on current conditions in stock market trading, on crude oil and precious metals, on the geopolitical troubles that have been brewing (and which have been described so incisively by our friend and colleague Jim Cummins in his articles for FinancialCyclesWeekly.com), on the prospects for increasing market volatility as we look at the VIX during the coming weeks, and a whole lot more.

In fact, we actually ran out of time during the interview, and Michael had to sign off with an unanswered question still dangling– about today’s potent combination of Friday the 13th and the Full Moon.

I’ll be putting up a new blog post on that subject within the next couple of hours, so be sure to check back then (or Subscribe To This Blog to get email notifications whenever a new post is added).

In the meantime, here’s the recording of yesterday’s interview on the Traders Network show:

click here to download or listen on your mobile device

Planetary Shifts and Stock Market Trading

Mercury goes into retrograde motion today, and on Monday Neptune will do the same.

This combination of planets changing direction creates a strong possibility for a change in trend direction for stock market trading, currencies, and precious metals as well.

That’s what I discussed with Michael Yorba when I was a guest on his Traders Network radio program earlier this week. We also had a chance to talk about some of the emotional and psychological implications of the planetary stations we’re confronting now– an important consideration for informed astro-traders who want to make money in the markets!

You can hear the full radio interview here:


click here to download or listen on your mobile device

If you’d like to get more details on Mercury cycles in the markets, be sure to read Mercury, Money and the Markets. You can get a copy at Amazon.com or direct from the publisher at http://bit.ly/MercuryBook

Silver & The Cycles of the Moon

I always enjoy my radio interviews with Michael Yorba.

The guests on his Traders Network program bring a variety of perspectives on the markets to the show, and our chats about the astro-trading advantage fit in nicely with the other experts on technical analysis, market timing, and trading techniques. So I always feel like I’m in great company.

On top of that, Michael really asks great questions. His skill as an interviewer always helps pull more relevant facts and details to the surface, and our conversations often go in directions that help us explore key dynamics in astro-trading that many of Michael’s listeners have never heard about before.

For example, during my interview with him on Thursday, we reviewed the impact of the recent lunar eclipse on equities and Gold. We discussed the upcoming Stock Market Collision Course and the Grand Cross that’s just ahead, as well as the new monograph on The Solar Eclipse of April 2014: Its Impact on the Markets.

Then Michael asked me about using astrology for trading Silver, Platinum, Palladium, and Copper.

It gave me a great opportunity to talk about the correlations between short-term Silver cycles and the various lunar dynamics that connect with Silver so strongly.

You can listen to the whole conversation here:


click here to download or listen on your mobile device

Putting The Blood Moon Lunacy Into Perspective

I was in the middle of a client consultation in my office yesterday, discussing astrologically-grounded marketing strategies for an expanding enterprise, when the president of the company stopped me in mid-sentence.

“I almost forgot to ask you,” she said. “Tell me about the Blood Moon. Is it something we should be worried about?”

In the conversation that followed, it soon became apparent that she had gotten sucked into an a maelstrom of half-baked superstitions, Biblical prophecies, and media misinformation, with pundits and commentators fanning the flames sparked by Pastor John Hagee of the Cornerstone Church in San Antonio, Texas, whom you may remember as the guy who claimed that Hurricane Katrina was the result of rampant homosexuality in New Orleans.

At any rate, my client was already upset by the Blood Moon brouhaha– after all, if the end of the world is here, why bother to plan a marketing campaign for your business?

I reassured her, and pointed out that even if you’e a fan of apocalyptic propaganda the Biblical connections with current events are pretty sketchy at best.

For starters, the lunar eclipse on Tuesday may not even be the color of blood. According to NASA, the current atmospheric conditions are more likely to make the eclipsed Moon look orange instead.

By the way, NASA will be providing real-time coverage and online commentary during the event at the agency’s website during the early morning hours of April 15. Click HERE for a link to their eclipse page.

NASA is a great source for eclipse information, at least from the astronomical perspective. While I was doing research for our new publication on The Solar Eclipse of April 2014: Its Impact on the Markets I found them to be an invaluable resource.

One of the claims about this week’s Blood Moon is that it’s particularly fated because it’s the first eclipse in a tetrad of four consecutive total lunar eclipses.

That, according to the end-time zealots, is completely unprecedented.

Actually, though, even though it’s somewhat rare to have four total lunar eclipses in a row, it’s not totally unheard of.

It happened in January 1909 through November 1910.

It happened in January 1927 through November 1928.

It happened in April 1949 through September 1950.

It happened in April 1967 through October 1968.

It happened in May 1985 through October 1986.

And it happened most recently in May 2003 through October 2004.

While it might be interesting to go back to those lunar eclipse dates and see what happened when the world ended then, but for now I’d rather pay attention to the potential impact of the Blood Moon on the action in the stock market.

In fact, that was one of the topics I discussed with Michael Yorba during my interview with him on Thursday. When I made that live appearance on his Traders Network radio show I was on my cell phone in an airport, so the audio quality is a little rough in places. Even so, I think you’ll find this two-part interview worth listening to.

Here’s part one:


click here to download or listen on your mobile device

And here’s part two:


click here to download or listen on your mobile device