Sunday, June 18, 2017
Stock Market Higher Highs Still Likely / Stock-Markets / Stock Market 2017
By: Andre_Gratian
Current Position of the Market
SPX Long-term trend: Uptrend continues with a serious loss of upside momentum in weekly indicators.
SPX Intermediate trend: Correction over. May be heading for about 2500, or fall slightly short of it.
Analysis of the short-term trend is done on a daily-basis with the help of hourly charts. It is an important adjunct to the analysis of daily and weekly charts which discuss longer market trends.
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Sunday, June 18, 2017
The US Government Clamps Down on Ability of Americans To Purchase Bitcoin / Currencies / Bitcoin
By: Jeff_Berwick
You have to feel sorry for Americans. They are some of the most financially enslaved people in the world.
The bankrupt US government has been instituting capital controls for years now and have ensured that Americans can’t open a bank account nor even a bitcoin exchange account outside of the US through things like the Foreign Account Tax Compliance Act (FATCA) and just outright threatening to attack any bank or bitcoin exchange in the world who accepts Americans as clients.
This leaves Americans in the “land of the free” with very few options for bitcoin exchanges.
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Sunday, June 18, 2017
NDX/NAZ Continue downward pressure on the US Stock Market / Stock-Markets / Stock Market 2017
By: Tony_Caldaro
The week started at SPX 2432. After a decline to SPX 2420 on Monday the market rallied to 2444 by Wednesday. The market dropped to SPX 2419 on Thursday, then rallied to 2433 to end the week. For the week the SPX/DOW gained 0.3%, and the NDX/NAZ lost 1.0%. Economic reports continue to be weak. On the downtick: retail sales, the CPI, business inventories, import prices, the Philly FED, capacity utilization, the NAHB, housing starts, building permits, consumer sentiment, the Q2 GDP estimate, the WLEI, and the budget deficit widened. On the uptick: the NY FED and jobless claims improved. Next week’s reports will be highlighted by leading indicators and more housing.
Sunday, June 18, 2017
Return of the Gold Bear? / Commodities / Gold and Silver 2017
By: Jordan_Roy_Byrne
It was exactly one month ago we discussed our posture as a “bearish Gold bull.”
The gold mining sector hit a historic low nearly 18 months ago but this new cycle has struggled to gain traction as metals prices have stagnated while the stock market and the US Dollar have trended higher. Unfortunately recent technical and fundamental developments argue that precious metals could come under serious pressure in the weeks and months ahead.
First let me start with Gold’s fundamentals, which turned bearish a few months ago and could remain so through the fall. As we have argued, Gold is inversely correlated to real interest rates. Gold rises when real rates fall and Gold falls when real rates rise.
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Sunday, June 18, 2017
Are Sheffield's High Rise Tower Blocks Safe? Grenfell Cladding Fire Disaster! / Housing-Market / UK Housing
By: N_Walayat
The residents Grenfell Tower have paid the heavy price for the cladding refurbishment craze that has been sweeping Britain for the past decade. One of 30 to 50 year old social housing tower blocks, many of which that should have been demolished but instead are being dolled up with cladding and insulation to reduce energy costs to make them externally more appealing to both residents, visitors and most importantly nearby affluent areas as was the case with Grenfell Tower, a pocket of social housing in Kensington, probably the most affluent area of Britain.
Saturday, June 17, 2017
Globalist Takeover Of The Internet Moves Into Overdrive / Politics / Internet
By: Jeff_Berwick
In today’s world, with statism and big government ideas pounded into most people via 12 years of government indoctrination camps and mainstream media glorifying government constantly, people have a hard time wondering what life would be like in a free world without massive communist style central planning agencies extorting the entire population.
Until now, though, there has been one shining example of anarchy. The internet.
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Saturday, June 17, 2017
Starbucks (SBUX): Still Hot or... On Ice? / Companies / Company Chart Analysis
By: EWI
Dear Investor,
Back in February, our friends at Elliott Wave International shared a lesson with subscribers that included a "very bullish chart pattern" in Starbucks (SBUX) -- ahead of the 3-month 10% rally.
Now, they've just posted a new video explaining the SBUX opportunity and preparing you for what's next.
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Saturday, June 17, 2017
Here Comes Quantitative Tightening / Interest-Rates / US Interest Rates
By: Peter_Schiff
All of a sudden the Fed got a little tougher. Perhaps the success of the hit movie Wonder Woman has inspired Fed Chairwoman Janet Yellen to discard her prior timidity to show us how much monetary muscle she can flex when the time comes for action.
Although the Fed's decision this week to raise interest rates by 25 basis points was widely expected, the surprise came in how the medicine was administered. Most observers had expected a "dovish" hike in which a slight tightening would be accompanied by an abundance of caution, exhaustive analysis of downside risks, and assurances that the Fed would think twice before proceeding any farther. But that's not what happened. Instead Yellen adopted what should be viewed as the most hawkish policy stance of her chairmanship.
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Saturday, June 17, 2017
Crazy Charging Stocks Bull Market Random Thoughts / Stock-Markets / Stock Market 2017
By: Sol_Palha
In the sphere of thought, absurdity and perversity remain the masters of the world, and their dominion is suspended only for brief periods. Arthur Schopenhauer
The proverbial question for many years has always been; when will this stock market bull end? By every measure of logic and or common sense, this bull market should have crashed years ago. However, it hasn't, and much to the angst of many professionals continued its march upwards against all the odds. We would like to stop here and state that this market is now very close to trading in the extremely overbought ranges. A market can trade in the overbought ranges for an extended period. In this instance, we analysed monthly charts, where each bar represents a month’s worth of data. Historically, a market has experienced a correction within 5-10 months from the occurrence of this event. As of yet, the markets are not trading in the extremely overbought ranges on the monthly charts, but they are very close to moving into this zone.
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Saturday, June 17, 2017
Reflation, Deflation and Gold / Commodities / Gold and Silver 2017
By: Arkadiusz_Sieron
One of the most important economic debate today is whether the economy will experience reflation or deflation (or low inflation) in the upcoming months. Has the recent reflation been only a temporary jump? Or has it marked the beginning of a new trend? Is the global economy accelerating or are we heading into the next recession? It goes without saying that it is a key investment issue because of the implications for different asset classes, including the precious metals. Let’s try to outline the macroeconomic outlook.
Saturday, June 17, 2017
Here’s The Case For An Upside Risk In The Global Economy / Economics / Global Economy
By: John_Mauldin
One of the true riddles in the economic world today is a steady drop in total global productivity over the last few decades. That’s in spite of the growing use of computers, robotics, and artificial intelligence.
In theory, productivity should have gone up, but it didn’t.
Professor and Nobel laureate Robert Gordon and others have foreseen that the GDP growth will decline to less than 1%, and they have all sorts of data to back up their claim.
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Saturday, June 17, 2017
Grenfell Tower Fire Disaster and Katie Hopkins 'Final Solution' for Muslims / Politics / Mainstream Media
By: N_Walayat
The residents Grenfell Tower have paid the heavy price for the cladding refurbishment craze that has been sweeping Britain for the past decade. One of 30 to 50 year old social housing tower blocks, many of which that should have been demolished but instead are being dolled up with cladding and insulation to reduce energy costs to make them externally more appealing to both residents, visitors and most importantly nearby affluent areas as was the case with Grenfell Tower, a pocket of social housing in Kensington, probably the most affluent area of Britain.
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Friday, June 16, 2017
Gold Bullish on Fed Interest Rate Hike / Commodities / Gold and Silver 2017
By: Zeal_LLC
Gold reversed sharply lower after the Fed’s latest rate hike this week, on heavy selling from speculators and investors alike. Bearish sentiment flared on traders’ long-held belief that higher rates spell trouble for zero-yielding gold. But market history reveals the opposite, that Fed rate hikes are actually bullish for gold. This week’s Fed-induced gold dump is likely to flag gold bottoming just before a major new rally erupts.
There’s nothing gold-futures speculators fear more than Fed rate hikes. Their rationale is simple and logical. Gold pays no interest or dividends, it’s a sterile asset with returns solely dependent on capital gains. So as interest rates rise and boost yields for bonds and stocks, gold struggles to compete. Thus gold investment demand wanes as yield differentials grow between it and major competing asset classes.
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Friday, June 16, 2017
USDCNH Rebounded Away From Channel Support / Currencies / Forex Trading
By: Franco_Shao
After breaking above the bearish trend line from 6.8876 to 6.8351 on its 4-hour chart, the USDCNH pair continued to break above the major resistance at the June 2 high of 6.7918, and is now trades in 6.8200 area, indicating that the bearish movement from the May 9 high of 6.9171 had completed at 6.7210 already.
Friday, June 16, 2017
Drones Upending Business Models and Reshaping Industry Landscapes / Companies / Drone Tech
By: The_Gold_Report
Rick Mills, editor of Ahead of the Herd, discusses how he sees drones upending business models and reshaping industry landscapes, including agriculture.
Read full article... Read full article...Economist Joseph Schumpeter introduced innovation economics in his 1942 book Capitalism, Socialism and Democracy. Schumpeter said that industries must incessantly revolutionize the economic structure from within by innovating with better or more effective processes and products.
Friday, June 16, 2017
The Market Effects of Another Interest Rate Hike / Stock-Markets / Financial Markets 2017
By: Donald_W_Dony
Yesterday's much anticipated Fed interest rate increase has done little to change the mood on Wall Street.
The FOMC raised the Fed Funds rate by another 25 bps on Wednesday as Fed chair Janet Yellen saw the US economy advancing at a "measured" rate.
This is the 2nd time the Fed has increased rates this year and the 3rd time in as many quarters.
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Friday, June 16, 2017
British Election Sends Shockwaves Felt Here and Abroad / Politics / UK Politics
By: John_Browne
Last week's General Election in the United Kingdom was a disaster for the new conservative government of Prime Minster Theresa May. Having called the unnecessary "snap" elections in order to strengthen her political hand, the result actually reduced the number of seats held by the conservatives and delivered large gains to the opposition Labour party, which had seemed in disarray just a few months ago. Although she has announced no plans to step down, her position has been severely weakened, possibly fatally. More pointedly, the UK's hand in negotiating favorable Brexit terms has eroded substantially. Besides creating significant ramifications for the European and global economy, the election also provides important lessons for the potential state of American politics.
Friday, June 16, 2017
Heating Oil Bottom Is In.(probably) / Commodities / Commodities Trading
By: Stephen_Cox
MRI Trading Signals has identified a high probability of a HEATING OIL LOW, at least for awhile. It may be a stretch to see the nearby HON 17 (141.13) close above the previous week’s close 143.70, requiring a 2.57+ net change on Friday. IF that happens then HO is confirming the WEEKLY TIME SETUP in the ACL and LCL Closing Line Chart Frames- 3D, 5(F)A, 13(F)a and 30(G)a to WK 07 NOV’16 and 45(G)a to WK 25 JUL’16.
Friday, June 16, 2017
Here’s the Investing Reason Active Funds Can’t Beat Passive Funds—and It Worries Me a Lot / Stock-Markets / Investing 2017
By: John_Mauldin
I’ve touched on the issue of passive investing quite a few times. But this time, I want to show a few charts that illustrate the extent of the problems that are building up in the passive index world.
It is not just ETFs, but also index mutual funds and the enormous amount of pension and insurance funds, along with many trust funds, that are passively invested directly in stocks. They simply duplicate indexes.
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Friday, June 16, 2017
Is There Gold “Hype” and is Gold an Emotional Trade? / Commodities / Gold and Silver 2017
By: GoldCore
– Very little hype in gold
– Sentiment is important in the gold market as is other markets particularly stocks
– Article ignores the large body of research showing gold is safe haven asset
– Gold may struggle to breach $1,300 in short term
– Trading gold and short term speculation is high risk and for professionals
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