In this era of pervasive surveillance by state actors, interest in encryption by the private section is at an all time high. Prior to the Snowden revelations, encryption was hard to do and therefore, not easily accessible by the average email or cloud user. Recently though, I have started using two services that make encryption a whole lot easier for email and for cloud storage. The jury is out on how well the encryption is implemented but I believe that some encryption is better than none, if only because you have to defend against other private snoopers who aren't as well funded as state actors. So, good- enough encryption is still worthwhile and can prevent your average eavesdropper from running away with your valuable secrets.
Here are the two products I've been using:
Since bottoming in December, and doing a re-test down in February, the Russian Ruble has been on a tear to the upside.
Over the last 48 hours or so I've been seeing articles about a new piece of software being installed on European ISP networks that will block ads from ad US giants such as google. The aim seems to be to pressure these companies to share advertising revenue with the ISPs. Now, the EU bureaucrats are not exactly known to be business friendly but I wonder what will happen when all the companies that rely on advertising to sell their products start to find that their ads are being removed from the webstream automatically before even hitting the end users' equipment. This is a bone-headed move by the ISPs. Europe does not have any net-neutrality principles but this move will more than likely gravitate a set of players to become unlikely bedfellows - consumer advocates and businesses - all focused on getting these ISPs to not play favorites.
Beyond that, I wonder what will happen if Google, Microsoft and other internet giants decide that they need a way around these ISPs filtering and decide to give away VPN software and services for free to all EU citizens.
I also wonder if the ISPs are doing DPI of SSL packets - advertisers including google are more than likely to start sending their ads via SSL. Actually, that might not be a bad thing - one of the major stumbling blocks to more of the internet adopting SSL as a matter of course is the AD networks not implementing it. This just might force them to do so sooner rather than later.
Either way, the european ISPs lose in the long run.
Over the past few months (most of 2015 actually), the S&P Index has been coiling - creating a relatively large consolidation that has been getting progressively shallower and shallower even as price as become "whippy" with large moves.
After an extended downtrend going back to 2012, copper made a Trend Reversal according to my rules and has now entered its first consolidation. The consolidation is in the form of a 4 day triangle.
Crude oil has spent the last six weeks pushing up after spending most of 2014 pushing down in one of the more historic sell-offs in that market. Because of the strength of the sell-off in 2014, we would expect that any strong push up would be met with selling of some kind.
July Coffee (ICE-US) has carved out a nice tight rectangle after an extended down-trend.
Natural gas has hit the upper end of a descending channel. A break of the channel to the upside could lead to 3.0 (basis June 2015 CME contract).
The US Dollar index flushed down into an area of support last Thursday and then rallied back up the next day to reverse the decline. With all classic technical oscillators buried in oversold areas, the odds are that this market is set to rally over the next few days.
Nigel Bahadur's normal market observations - usually about the US Futures market. Occasionally though, he will express thoughts on individual stocks and FOREX cross rates.