Best of the Week
Most Popular
1. Market Decline Will Lead To Pension Collapse, USD Devaluation, And NWO - Raymond_Matison
2.Uber’s Nightmare Has Just Started - Stephen_McBride
3.Stock Market Crash Black Swan Event Set Up Sept 12th? - Brad_Gudgeon
4.GDow Stock Market Trend Forecast Update - Nadeem_Walayat
5.Gold Significant Correction Has Started - Clive_Maund
6.British Pound GBP vs Brexit Chaos Timeline - Nadeem_Walayat
7.Cameco Crash, Uranium Sector Won’t Catch a break - Richard_Mills
8.Recession 2020 Forecast : The New Risks & New Profits Of A Grand Experiment - Dan_Amerman
9.Gold When Global Insanity Prevails - Michael Ballanger
10.UK General Election Forecast 2019 - Betting Market Odds - Nadeem_Walayat
Last 7 days
The Gold Stocks Correction and What Lays Ahead - 19th Oct 19
Gold during Global Monetary Ease - 19th Oct 19
US Treasury Bonds Pause Near Resistance Before The Next Rally - 18th Oct 19
The Biggest Housing Boom in US History Has Just Begun - 18th Oct 19
British Pound Brexit Chaos GBP Trend Forecast - 18th Oct 19
Stocks Don’t Care About Trump Impeachment - 17th Oct 19
Currencies Show A Shift to Safety And Maturity – What Does It Mean? - 17th Oct 19
Stock Market Future Projected Cycles - 17th Oct 19
Weekly SPX & Gold Price Cycle Report - 17th Oct 19
What Makes United Markets Capital Different From Other Online Brokers? - 17th Oct 19
Stock Market Dow Long-term Trend Analysis - 16th Oct 19
This Is Not a Money Printing Press - 16th Oct 19
Online Casino Operator LeoVegas is Optimistic about the Future - 16th Oct 19
Stock Market Dow Elliott Wave Analysis Forecast - Video - 16th Oct 19
$100 Silver Has Come And Gone - 16th Oct 19
Stock Market Roll Over Risk to New highs in S&P 500 - 16th Oct 19
10 Best Trading Schools and Courses for Students - 16th Oct 19
Dow Stock Market Short-term Trend Analysis - 15th Oct 19
The Many Aligning Signals in Gold - 15th Oct 19
Market Action Suggests Downside in Precious Metals - 15th Oct 19
US Major Stock Market Indexes Retest Critical Price Channel Resistance - 15th Oct 19
“Baghad Jerome” Powell Denies the Fed Is Using Financial Crisis Tools - 15th Oct 19
British Pound GBP Trend Analysis - 14th Oct 19
A Guide to Financing Your Next Car - 14th Oct 19
America's Ruling Class - Underestimating Them & Overestimating Us - 14th Oct 19
Stock Market Range Bound - 14th Oct 19
Gold, Silver Bonds - Inflation in the Offing? - 14th Oct 19
East-West Trade War: Never Take a Knife to a Gunfight - 14th Oct 19
Consider Precious Metals for Insurance First, Profit Second... - 14th Oct 19
Stock Market Dow Elliott Wave Analysis Forecast - 13th Oct 19
The Most Successful IPOs Have This One Thing in Common - 13th Oct 19
Precious Metals & Stock Market VIX Are Set To Launch Dramatically Higher - 13th Oct 19
Discovery Sport EGR Valve Gasket Problems - Land Rover Dealer Fix - 13th Oct 19
Stock Market US Presidential Cycle - Video - 12th Oct 19
Social Security Is Screwing Millennials - 12th Oct 19
Gold Gifts Traders With Another Rotation Below $1500 - 12th Oct 19
US Dollar Index Trend Analysis - 11th Oct 19
China Golden Week Sales Exceed Expectations - 11th Oct 19
Stock Market Short-term Consolidation Does Not change Secular Bullish Trend - 11th Oct 19
The Allure of Upswings in Silver Mining Stocks - 11th Oct 19
US Housing Market 2018-2019 and 2006-2007: Similarities & Differences - 11th Oct 19
Now Is the Time to Load Up on 5G Stocks - 11th Oct 19
Why the Law Can’t Protect Your Money - 11th Oct 19
Will Miami be the First U.S. Real Estate Bubble to Burst? - 11th Oct 19
How Online Casinos Maximise Profits - 11th Oct 19
3 Tips for Picking Junior Gold Stocks - 10th Oct 19
How Does Inflation Affect Exchange Rates? - 10th Oct 19
This Is the Best Time to Load Up on These 3 Value Stocks - 10th Oct 19
What Makes this Gold Market Rally Different From All Others - 10th Oct 19
Stock Market US Presidential Cycle - 9th Oct 19

Market Oracle FREE Newsletter

Stock Market Trend Forecast Oct - Dec 2019 by Nadeem Walayat

Stock Market Santa Rally and Election Weapons of Mass Deception

News_Letter / Financial Markets 2009 Dec 16, 2009 - 01:38 AM GMT

By: NewsLetter

News_Letter The Market Oracle Newsletter

December 13th, 2009 Issue #92 Vol. 3


The Market Oracle Newsletter
December 13th, 2009            Issue #92 Vol. 3

Commodities Currencies Economics Housing Market Interest Rates Education Personal Finance Stocks / Financials Real Gems

Stock Market Santa Rally and Election Weapons of Mass Deception

Dear Reader

Alistair Darling delivered his final pre-budget / pre-election report on Wednesday, which was pretty much inline with my earlier expectations namely to hit bankster's with a 50% tax, delayed tax rises and above all to continue spending like there is no tomorrow therefore fulfilling the Labour party strategy of delivering a scorched earth economy to the next Conservative Government. It only remains to be seen what more nightmare policies Labour has in store to completely wreck the British economy in its final few months of government as per my inflationary mega-trend's scenario (to be completed this month), I suspect inflation will make an appearance virtually within days of Labour being dumped at the polls.

My election forecast of 2nd June 2009 still stands that projects an outcome of Conservatives on 343 seats, Labour 225 and Lib Dems on 40. Though Labour's strategy of bankrupting Britain to maximises it chances at the election does mean that by the time the Election is actually called the forecast may need to be revised in Labours favour i.e. the chances of a hung parliament look set to increase markedly.

Meanwhile Tony Bliar popped up Satuday in an attempt to drive a final nail into Gordon Browns election prospects coffin by attempting to cover his back in advance of an appearance at the white-wash Iraq Inquiry next week, he is basically now allegedly admitting to lying to Parliament about the primary reason for invading and occupying Iraq, and also stated that if the 45 minute WMD lie had not worked, then he would have kept trying with more lies until he got his way. It is very easy for politicians such as Bliar to send the sons of others off to die on the basis of lies whilst his own sons never would be allowed to do so.

Financial Markets Quick Update

Stocks - As anticipated the Dow fell to the expanding triangle target and bounced. The subsequent bounce has been quite strong and illustrates the difficulty in trading this type of pattern that includes higher highs and lower lows. To fulfill the pattern objectives the Dow should now enter into the final swing lower, however against this we have the imminent strong seasonal santa rally pulling in the opposite direction higher. My concluding thought, we get the santa rally to a new 2009 high for the Dow into the last few days of December and then the market starts the significant correction, and I'll try and get my forecast for 2010 completed before it begins!

Gold - Gold is now down near 10% and close to the target of a move back through $1,100, next target lower would be $1,050 as at this point in time there is no sign of a bottom to this correction, however in the immediate future we may see a bounce higher early next week.

U.S. Dollar- Has the dollar finally bottomed after many false dawns? 76.60 puts it within touching distance of the 77.00 initial Buy trigger that remains unfilled. The fundamental picture of increasing risks of sovereign debt defaults does favour the worlds reserve currency. Gold and other commodities are acting as expected by falling against a rallying dollar, however not stocks as mentioned above and as I warned of way back in November 2nd. Immediate future could see the dollar trade lower which would be healthy as it would generate a higher low pattern to act as a spring board for the rally.

Popular Culture and the Stock Market

Robert Prechter has made available another FREE Report (50 page) for our readers.

"The report walks you through the ups and downs of the DJIA -- our most sensitive meter of social mood -- and analyzes the trends in popular music and TV shows through periods of positive and negative social mood over the past century. It reveals how social mood as reflected in the stock market actually defines popular culture."

Download "Popular Culture and the Stock Market" Today!

Accurate Financial Market and Economic Forecasts of 2009

You have the opportunity to help the Market Oracle evaluate the most accurate analysis / forecasts of 2009.

It is easy, just navigate to an article that you deem to be accurate against what has subsequently transpired and hit the VOTE Banner at the top of the page.

Here are a few GOOGLE search pages to help get you started

Articles published between Sept 08 and Sept 09 will be counted, see voting guide here

Market Oracle Certified

Also coming in January 2010 will be the Market Oracle certified designations which will aim to both award authors and help readers more easily determine higher quality content. All analysts will be eligible for certification (excluding me) on the basis of article ratings, popularity and end of year votes, with the details to be finalised by early January.

Source: http://www.marketoracle.co.uk/Article15764.html

Your inflation mega-trend investing analyst.

By Nadeem Walayat
http://www.marketoracle.co.uk

Copyright © 2005-09 Marketoracle.co.uk (Market Oracle Ltd). All rights reserved.

Featured Analysis of the Week

Most Popular Financial Markets Analysis of the Week :

1. How Deep will the Gold Correction Be?

By: Ronald_Rosen

Four waves are the clue to the answer.

“The primary guideline is that corrections, especially when they themselves are fourth waves, tend to register their maximum retracement within the span of travel of the previous fourth wave of one lesser degree, most commonly near the level of its terminus.”   E. W. P.

Read Article

2. Stock Market , Gold, Commodities and Economic Forecasts for 2010

By: Martin_D_Weiss

Two recent mega-events — the Wall Street collapse in 2008 and the Washington response in 2009 … the debt implosion and then the money printing explosion — are mind-boggling in their dimensions.

Read Article

3. Gold Fever Boils Over and the Master Forecasters of 2009

By: Nadeem_Walayat

The big news story of the week was the improving Jobs picture in the U.S. which saw the unemployment rate dip back to 10% from 10.2%, triggering a surge in the stock indices early Friday. Last weeks news of Dubai World's debt default hit Emirate stock markets hard this week with the UAE's main exchange in Abu Dhabi down more than 20%.

Read Article

4. Gold Black Friday $80 Plunge Truth

By: Howard_Katz

Well people, it was a bad day on Friday.  Barchart reported that the Dec. gold contract went from 1227 at its Thursday high to 1147 at its Friday low – an eighty point difference in a single day.

Read Article

INO TV - Watch From Your Computer for FREE

INO TV - Watch From Your Computer for FREE

Here are the newest authors: Jack Schwager, John Murphy, Jake Bernstein, and Ron Ianieri. All experts, all well recognized, and highly trafficked by our current members. http://tv.ino.com/

 

5. Where Is the U.S. Economy Heading?

By: Frank_Shostak

Economists are currently divided on the issue of how strong the US economic recovery is going to be. Some are of the view that as a result of the stimulus policies of the Fed and the Federal government, the recovery is going to be quite strong. Some others are more pessimistic given still-rising unemployment, which they believe will keep consumer spending subdued. In October the unemployment rate jumped to 10.2% from 9.8% in the previous month and 6.6% in October last year.

Read Article

6. Stock Market and Gold Crash, Are We About to Repeat 2008?

By: Graham_Summers

A few weeks ago on November 10, I wrote an article Three Reasons Gold Might be Making a Head Fake.

In it, I noted that Gold’s recent rally was largely due to Dollar devaluation (Gold had failed to hit new highs in other world currencies) as well as several other factors that disconfirmed the precious metal’s explosive rise. I wrote:

Read Article

7. World Health Organisation ‘Mr Swine Flu’ Under Investigation for Gross Conflict of Interest

By: F_William_Engdahl

The man with the nickname “Dr Flu”, Professor Albert Osterhaus, of the Erasmus University in Rotterdam Holland has been named by Dutch media researchers as the person at the center of the worldwide Swine Flu H1N1 Influenza A 2009 pandemic hysteria. Not only is Osterhaus the connecting person in an international network that has been described as the Pharma Mafia, he is THE key advisor to WHO on influenza and is intimately positioned to personally profit from the billions of euros in vaccines allegedly aimed at H1N1.  

Read Article

8. Deflationary Economic Depression 2010, Ready or Not Here it Comes!

By: Darryl_R_Schoon

Much has been written about the Great Depression and the present crisis. There is much that is similar and some that is not. The differences explain why events have unfolded differently. The similarities explain why the end will be the same.

Read Article

Subscription

You're receiving this Email because you've registered with our website.

How to Subscribe

Click here to register and get our FREE Newsletter

To access the Newsletter archive this link

Forward a Message to Someone [FORWARD]

To update your preferences [PREFERENCES]

How to Unsubscribe - [UNSUBSCRIBE]

About: The Market Oracle Newsletter

The Market Oracle is a FREE Financial Markets Forecasting & Analysis Newsletter and online publication.
(c) 2005-2009MarketOracle.co.uk (Market Oracle Ltd) - The Market Oracle asserts copyright on all articles authored by our editorial team. Any and all information provided within this newsletter is for general information purposes only and Market Oracle do not warrant the accuracy, timeliness or suitability of any information provided in this newsletter. nor is or shall be deemed to constitute, financial or any other advice or recommendation by us. and are also not meant to be investment advice or solicitation or recommendation to establish market positions. We recommend that independent professional advice is obtained before you make any investment or trading decisions. ( Market Oracle Ltd , Registered in England and Wales, Company no 6387055. Registered office: 226 Darnall Road, Sheffield S9 5AN , UK )

Terms of Use | Privacy Policy

Copyright 2009 MarketOracle.co.uk

© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

6 Critical Money Making Rules