Thursday, June 22, 2017
More Stock Market Fluctuations Along New Record Highs / Stock-Markets / Stock Market 2017
By: Paul_Rejczak
Our intraday outlook is bearish, and our short-term outlook is bearish. Our medium-term outlook remains neutral, following S&P 500 index breakout above last year's all-time high:
Intraday outlook (next 24 hours): bearish
Short-term outlook (next 1-2 weeks): bearish
Medium-term outlook (next 1-3 months): neutral
Long-term outlook (next year): neutral
Thursday, June 22, 2017
NZDUSD Is Testing Trend Line Resistance / Currencies / Forex Trading
By: Franco_Shao
The NZDUSD pair is facing the resistance of the descending trend line from the September 2016 high of 0.7484 to the February 7 high of 0.7374, now at around 0.7275 on its daily chart. After touching the trend line resistance, the pair pulled back from 0.7319 and formed a sideways movement. All we can do now is to wait for the breakout to occur.
Thursday, June 22, 2017
Understanding true money, Pound Sterling must make another historic low, Euro and Gold outlook! / Currencies / British Pound
By: Marc_Horn
Our future is endless possibility only limited by our imagination.... our future reality depends on our choices and actions of today!
In December of 2012 MAP Wave Analysis confirmed a long term bull market which is not yet over!
In February 2016 MAP Wave Analysis projected the low in gold is not yet in.
In April 2016 MAP Wave Analysis projected BREXIT will not be achieved and Pound Sterling must make a new historic low. The BREXIT vote narrowly won, but as most are beginning to realise just over a year later that it was a scam and there will never be a break from Europe. Just the rate and commitments of the UK with the EU army are evidence that any "exit agreement" will not return sovereignty to the UK.
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Thursday, June 22, 2017
Green Party Could Control Sheffield City Council Balance of Power Local Election 2018 / Local / UK Local Elections
By: N_Walayat
The Green party with 4 Sheffield Council seats could see their numbers rise to 5 tonight at the Nether Edge by election that could set the scene for a shock Labour loss of control of the city council at the May 2018 local elections, by handing the Green's the balance of power so that a minority Labour could continue in power.
The key driver in the surge in the Green vote is Sheffield City Council's £2 billion PFI contract with Spanish owned firm Amey, effectively outsourcing local democracy to a multinational that over the past 2 years has gone out of its way to anger and outrage Sheffield's residents most notably in its wholesale felling of thousands of Sheffield's biggest and most beautiful trees, likely for profit such as for use as bio fuel as the following video illustrates.
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Thursday, June 22, 2017
Ratio Combo Charts : Hidden Clues to the Gold Market Puzzle / Commodities / Gold and Silver 2017
By: Rambus_Chartology
Today I would like to update a few ratio combo charts as several are at a crossroad, which may shed some light on where the PM complex may be headed next. A couple of the ratio combo charts worked out extremely well in calling a bottom in January of 2016.
Lets start with the TLT:TIP ratio combo chart we looked at recently which shows if we’re experiencing inflation or deflation. When the ratio in black is falling it’s showing deflation and when it’s rising it’s showing inflation. From the 2011 high the general trend has been for deflation. About a year ago you can see the black ratio was rising in a pretty strong move up, but late last year and the first part of this year the ratio topped out and has begun to fall. The red arrows shows how the ratio is reversing symmetry down over the same area on the way up. For the time being there isn’t much in the way of support.
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Thursday, June 22, 2017
Steem Hard Forks & Now People Are Making Even More Money On Blockchain Steemit / Currencies / BlockChain
By: Jeff_Berwick
It has been a year since I first heard the word “Steemit”.
Being involved in the world of cryptocurrencies I hear a lot of things on a daily basis. So much so that I really only have the time and energy to look into a small portion of the interesting things I hear about every day.
And, so it was with Steem. It was last June that a few people began to mention it to me. “You need to take a look at this,” was the general comment.
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Thursday, June 22, 2017
4 Steps for Comparing Binary Options Providers / / Gambling
By: Boris_Dzhingarov
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Wednesday, June 21, 2017
Nether Edge & Sharrow By-Election, Will Labour Lose Safe Council Seat, Sheffield? / Local / UK Local Elections
By: N_Walayat
The Sheffield city council by election is to be held in the safe Labour council seat of Nether Edge & Sharrow tomorrow Thursday 22nd of June. Therefore the Labour candidate could be forgiven for taking a laid back approach to the election which following Jeremy Corbyn's spectacular general election campaign and outcome will surely be a walkover. Especially given that Labour managed to unseat former Lib Dem leader Nick Clegg in Sheffield Hallam barely 2 weeks ago.
Wednesday, June 21, 2017
Stock Market SPX Making New Lows / Stock-Markets / Stock Market 2017
By: Anthony_Cherniawski
The bounce back made a 32.7% retracement which is a little suspect. However, we are now seeing an impulsive move to deeper lows. This may be a Wave (b) of the correction and could see a bounce back, but the further it goes, the less the probability of being a correction. It has crossed Short-term support at 2433.69, but may hesitate or bounce. A continued decline verifies the impulse.
Wednesday, June 21, 2017
This Chart Proves That Low Oil Prices Can’t Stop US Shale Oil Surge / Commodities / Crude Oil
By: John_Mauldin
By Geopolitical Futures, Mauldin Economics : The US has benefited from the shale revolution more than any other country. Not only does it have vast shale formations, most of its wells are located within its territory. That means producers don’t have to compete for jurisdiction or share their profits.
Shale oil is enmeshed in shale rock, which is located thousands of feet beneath the Earth’s surface and is generally less permeable than other rock types—making deposits more difficult to access.
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Wednesday, June 21, 2017
Yet Another Reason Why Healthcare Reform Will Be Disastrous / Politics / Healthcare Sector
By: John_Mauldin
BY PATRICK WATSON : Health care is now a huge, thorny political and economic issue, and the chart below shows one reason why.
The US spends far more on health care than other developed nations, with worse outcomes by many measures.
Yet, all that money doesn’t just disappear.
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Wednesday, June 21, 2017
Stock Market Is Headed for a “Minsky Moment”—It Can Happen Quickly, Too / Stock-Markets / Stock Market 2017
By: John_Mauldin
Economics has a lot of overused themes and phrases. One of them is highly relevant today yet forgotten by many.
It’s “Minsky moment,” the point at which excess debt sparks a financial crisis.
The late Hyman Minsky said that such moments arise naturally when a long period of stability and complacency eventually leads to the buildup of excess debt and overleveraging.
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Wednesday, June 21, 2017
Your Future Wealth Depends on what You Decide to Keep and Invest in Now / Commodities / Gold and Silver 2017
By: GoldCore
Millienials look for instant gratification
- Spend half of their income on leisure
- Instant gratification doesn’t work if need to save for the future
- Savings rates falling, few have retirement funds
- Important to understand marginal difference between spending and pleasure
- Future wealth depends on what you decide to keep and invest in now
Wednesday, June 21, 2017
Gold Price is Facing Trend Line Support / Commodities / Gold and Silver 2017
By: Franco_Shao
After breaking below the bullish trend line from 1214.17 to 1258.92 at 1270 on its 4-hour chart, XAUUSD started a bearish movement from the June 6 high of 1295.94, and the bearish movement extended to as low as 1241.25. Further decline is still possible after a minor consolidation and next target would be at around 1230.
Wednesday, June 21, 2017
Either Bitcoin Will Fail OR Bitcoin Is A Government Invention Meant To Enslave... / Currencies / Bitcoin
By: Jeff_Berwick
A few days ago, cryptocurrencies sold off quite dramatically.
Bitcoin fell around 25% on average and Ethereum fell around 15% on average across major exchanges.
And as a whole, the entire altcoins market capitalization fell over 20% excluding bitcoin.
At the same time we put out our article, “The US Government Clamps Down on Ability of Americans To Purchase Bitcoin”
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Wednesday, June 21, 2017
GOLD Bullish at 3 Degrees of Trend! / Commodities / Gold and Silver 2017
By: Enda_Glynn
My Bias: Long towards 1550
Wave Structure: ZigZag correction to the upside.
Long term wave count: Topping in wave (B) at 1550
Important risk events: USD: Existing Home Sales, Crude Oil Inventories.
Wednesday, June 21, 2017
Strength in Gold and Silver Mining Stocks and Its Implications / Commodities / Gold and Silver 2017
By: P_Radomski_CFA
Yesterday’s session was not like the previous ones – in the previous days, the precious metals sector moved lower together and mining stocks were leading the way. Yesterday, gold and silver declined, but miners were barely affected. Does this strength indicate a likely turnaround?
Wednesday, June 21, 2017
Bitcoin Price Rebound after Correction / Currencies / Bitcoin
By: Mike_McAra
Bitcoin is down from the all-time high but not really down significantly. In an article on CNBC, we read:
Bitcoin quickly bounced back from the lows of June, amid improved sentiment about the future of the digital currency.
Bitcoin traded higher Saturday near $2,680, up more than 20 percent from a June low of $2,185.96 hit Thursday that had erased gains for the month, according to CoinDesk.
Wednesday, June 21, 2017
These 2 Charts Show Why Aging is Greatest Threat to US Budget and Deficits / Economics / Demographics
By: GoldCore
BY PATRICK COX : In its 2017 “Long-Term Budget Outlook,” The Congressional Budget Office (CBO) paints a dire picture of US deficits and debt. It shows that the largest single contributing factor to our rising debt and deficits is aging.
Wednesday, June 21, 2017
Inflation is No Longer in Stealth Mode / Economics / Inflation
By: GoldCore
IHS Markit index shows UK households pessimistic about finances for 2017-18
- UK household finances remain under intense pressure from rising living costs
- 58 percent of respondents expected higher interest rates in 12 months time
- Inflation in the United Kingdom currently at near four-year high
- Prices up prices by 2.9pc year-on-year, biggest annual increase since June 2013
- In May consumer spending in the UK fell for the first time in almost four years