Liferep.net

January 2016

// January 7th, 2016 // Comments Off on January 2016 // Daily News

Saut: How long the stock selling stampede may last

CNBC.com

The stock market looks like it’s in a “free fall,” Raymond James strategist Jeffrey Saut said Thursday as global stock markets were sinking after a second circuit-breaker trading suspension in Chinese equities this week.
“I wish I could have predicted it. But as you know I was calling for a Santa Claus rally and a pretty strong end to [2015],” Saut said on CNBC, referring to his Dec. 15 call on “Squawk Box” for a “rip your face off-type rally.” He had accurately predicted the August bottom days before it happened.
On Thursday, Saut blamed a “cacophony of exogenous events” for derailing the traditional year-end rally and leading to the worst start to a new year on Wall Street since 2008.
It all began with “the $1.2 trillion options and futures expiration” on quadruple-witching Friday on Dec. 18, Saut said. “That upset the rhythm of the rally. But we gathered our strength and came back the next week. And then you’ve been hit by this potential war between Saudi Arabia and Iran, the Chinese slowdown, and the ‘H-bomb’ of North Korea.”
“The markets look like they’re in a free fall right here,” he said. “It feels like we’re in one of those selling stampedes, and they typically last 17 to 25 sessions. And this would be only session six. I would be more cautious here.”
Just days after Saut’s August call on CNBC, the Dow Jones industrial average, the S&P 500 index, and the Nasdaq composite index hit their closing lows of 2015.
Saut said he made that summer swoon prediction based on a proprietary market timing model, which also signaled a top in late October. That also turned out to be correct within days.

Today’s Inspiration

Be Friendly

by Joyce Meyer – posted January 07, 2016

Practice hospitality to one another (those of the household of faith). [Be hospitable, be a lover of strangers, with brotherly affection for the unknown guests, the foreigners, the poor, and all others who come your way who are of Christ’s body.]…
—1 Peter 4:9

I encourage you to show love for others by simply being friendly. Some people go through life with a lot on their minds—and they can appear to be rather unfriendly, intense, or even rude. I know; I’m one of those people, and maybe you are too. You aren’t unfriendly; you’re simply focused on other things and not always mindful to smile and greet peo¬ple when you see them.

Relationships—casual ones, intimate ones, and all the ones in between—are a large part of life. In fact, the Bible is a book about relation¬ships: our relationships with God, with ourselves, and with others. As I’ve studied the Bible, one of the lessons I’ve learned is to take the time to smile at people, ask how they are, and find something friendly to say to them.

If we’re too busy to be friendly, then we are out of balance and headed for relational disaster. But being appropriately warm and open toward others can put people at ease and is often the first step toward a good relationship.

It’s easy to wonder how we will feel if we smile at people and they don’t smile back; we don’t want to be rejected or ignored. Most of us spend more time in life trying to avoid rejection than we do trying to develop good, healthy relationships. When this happens, we are missing the opportunity to touch people with the love of God through a smile or friendly word. When we give our smiles or a happy hello, we can make someone else smile, and that is one of the best gifts we can give.

Love Others Today: “Lord, please help me be kind and friendly to everyone I meet as a way of showing Your love to them.”

Tuesday January 5, 2016

// January 5th, 2016 // Comments Off on Tuesday January 5, 2016 // Daily News

Wall Street eyes lower open as China weighs

CNBC.com
U.S. stock index futures looked set to open lower as jittery Chinese markets weighed on global risk sentiment.
Chinese stocks veered between gains and losses overnight, following a sharp selloff in the previous session after weak Chinese manufacturing surveys revived fears of a slowdown in the world’s second-biggest economy.
On Tuesday, the Shanghai Composite eventually closed down 0.3 percent, while the smaller Shenzhen Composite ended 1.9 percent lower. The CSI300 closed up 0.3 percent on Tuesday, after a 7 percent dip on Monday resulted in trade being suspended. This was after China tested out its new system-wide circuit breakers, which are linked to the large-cap dominated index.
Monday was a rocky day for stock markets across the globe and the Dow Jones Industrial Average was no exception, closing down 1.6 percent. That marked the worst first trading day of the year since 2008.
The S&P 500 closed 1.5 percent lower on the day in its worst start to the year since 2001.
Earnings remain thin on the ground on Tuesday, with Sonic posting quarterly numbers and Eli Lilly giving 2016 guidance.
The day will also bring auto and truck sales data for December, out at 2 p.m. ET, plus the ISM-New York report on business.
In stock specific news, the U.S. Justice Department filed a civil lawsuit on Monday against Volkswagen for allegedly violating the Clean Air Act by installing illegal devices in vehicles to cheat emissions tests.
Outside the U.S., Middle Eastern oil-producing nations are in focus after Saudi Arabia broke off diplomatic ties with Iran following an attack on its embassy. The White House has urged the two countries to show restraint, while Saudi Arabia has said that it will continue to push for peace in Syria and Yemen.

Today’s Inspiration

Possess Your Soul

by Joyce Meyer – posted January 05, 2016

By your steadfastness and patient endurance you shall win the true life of your souls.
—Luke 21:19

You need to learn not to let your mind and emotions get the best of you, especially when it involves things over which you have no control.

Suppose you are on your way to an important interview and get caught in a traffic jam. How do you react? Is it worth getting all upset and unleashing a wild spirit? Wouldn’t it be much better for you and everyone else if you just remained calm, even if you were late for the interview? If you have done your best, God will do the rest.

Refuse to get wild when things don’t go as you planned. Refuse to allow your mind, will, and emotions to rule your spirit. In your patience you will learn to possess your soul.