Tuesday, November 29, 2016
Stock Market SPX Making its Final Probe Higher / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
SPX took plan A mentioned this morning, finding support at 2198.15. The limit to the rally is now adjusted to 2231.12. However, we have a trendline at 2220.00. In addition, Wave C equals .618 of Wave A at 2216.96.
Those brave souls wishing to be aggressive may wish to do a partial short position between 2217.00 and 2220.00.
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Tuesday, November 29, 2016
Owning Gold and Silver in Troubling Times / Commodities / Gold and Silver 2016
By: Richard_Mills
I am writing this article for the gold and silver bullion purchaser who wants the comfort, the insurance of owning some gold and silver in what are very troubling times.
There's a lot going on in the world - from Trump being elected in the U.S. to turmoil in the middle east, the China Sea and Turkey, Russia is flexing it's still considerable might, North Korea's flinging it's nukes helter skelter, Japan's rearming, disease runs rampant and fear escalates about virus mutation, there's shortages of fresh water with many rivers not reaching their former endpoint and of course climate change is rearing its head to destabilize natural rhythms or cycles. Add in out of control population growth, the divide between races, religion and wage inequality - the have and have not's - and a coming major economic collapse caused by interest rate increases on the trillions and trillions of dollars of global debt and it'd be hard to go back in history and pick a period of time when things weren't so combustible.
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Tuesday, November 29, 2016
Trump's Presidency - Stock Market Crash or Start of New Mega-Trends / Stock-Markets / Stock Markets 2016
By: Sol_Palha
Trump's win proves that mainstream Media is in trouble; it is going to be all downhill from here except for the ones that parted ways and tried to provide accurate coverage of what was going on. The crowd will turn increasingly to social media and outlets that focus on facts as opposed to fiction. Mainstream media is in for a painful ride as the crowd is not going to forgive them so easily for their transgressions; the only exceptions being the ones that portrayed an accurate image of what was taking place. Many pollsters might have to look for new jobs, and as we just stated, we feel that social media is going to be the biggest winner. Perhaps this is why Google has its eye on Twitter and has decided to donate its search engine business and in doing so take a $1 trillion business write off.
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Tuesday, November 29, 2016
Stock Market NYSE Hi-Lo Gives a Sell Signal / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
While the SPX and VIX remain flat at the open, the Hi-Lo Index took a nosedive into bearish territory. This would be considered a tentative sell signal with confirmation provided at the close, should it remain beneath the 50-day Moving Average at 60.27 or the mid-Cycle resistance at 115.21.
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Tuesday, November 29, 2016
Fee Free Mortgages on the Rise / Personal_Finance / Mortgages
By: MoneyFacts
Research from Moneyfacts.co.uk reveals that the number of fee-free deals available to those looking for a fixed rate mortgage has more than doubled over the past year. This has given borrowers looking to minimise upfront costs even more choice.
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Tuesday, November 29, 2016
Prime Minister Modi's War Against Corruption, Black Money and Fake Currency Notes in India / Politics / India
By: Dr_R_M_Mathew
Prime Minister Narendra Modi has launched relentless war against Corruption and the associated widely circulating Black Money and Fake Currency Notes in India with a surprise move, as part of his election promises. Black money and fake currency notes have grown to the extent of even destabilizing the Indian Economy and the Nation for which the enemies of the nation, within and outside, have been working. From the strategic point of view, especially in the wake of the increasing Islamic Terrorism sponsored by Pakistan, India has no other option but to uproot both Black and Fake Money at any cost, along with Corruption.
Tuesday, November 29, 2016
Can President Trump Really Drain the Swamp? / Politics / US Politics
By: BATR
The glorious and providential intervention that provided the courage and motivation for millions of ordinary Americans to vote AGAINST the globalist system, which is the epitome for national betrayal is a once in a lifetime opportunity to eliminate the traitors in our society. Donald J. Trump is only a man. He is not the savior of our civilization, nor is he a miracle worker. Yet his election provides the last best hope that the forces of human enslavement, within our own power structure, can be defeated. Citizens who actually participate in the political process need to practice RealPolitik, when it comes to influencing or shaping public policy.
Tuesday, November 29, 2016
Could a “Greek-Style” Carry Tax on Cash Come to the US? / Interest-Rates / War on Cash
By: Graham_Summers
As we keep warning, India is not the “last stop” in the global financial elites’ war on cash.
Indeed, as ZeroHedge noted earlier today, officials are proposing a tax on cash withdrawals in Greece. They’re also proposing only permitting digital cash or cards for various transactions.
The claim behind this policy is that it would stop cash being used in the black market. This is similar to other claims that implementing a carry tax on physical cash or banning it altogether would stop money laundering or other illicit activities.
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Tuesday, November 29, 2016
President Trump’s Economic Plan Isn’t Going to Work / Politics / US Economy
By: Mike_Whitney
Will Donald Trump be good for the US economy?
The American people seem to think so. According to a recent survey taken by Gallup “Americans have relatively high expectations (of) the president-elect… Substantial majorities (upward of 60%) believe the Trump administration will improve the economy and create jobs. A slim majority (52%) say he’ll improve the healthcare system.”
Even more impressive, the University of Michigan Consumer Sentiment Index spiked to a 93.8 -high in November, signaling a significant improvement in overall consumer attitudes about the economy.
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Tuesday, November 29, 2016
Stock Market Overbought Pullback Today....Could Use More... / Stock-Markets / Stock Markets 2016
By: Jack_Steiman
Today was a day for some unwinding, and we could use more. The market sold a bit today, but did so in a way where price didn't run away from the primary oscillators. That's important in the study of pullbacks because it tells us whether the internals are turning more bearish as we see some, and, thus, tells us deeper selling is likely. We should, and could get more, but thus far nothing that says something dramatic is about to take place. If the market wanted deeper selling, we would see huge gap downs on consecutive days that run lower as the day moves along. No matter how powerful a given bull market may be, you always find a time to sell when things get too overbought for too long a period of time.
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Tuesday, November 29, 2016
The US Bond Bear Market Has Begun! / Interest-Rates / US Bonds
By: John_Mauldin
BY JARED DILLIAN : It’s almost as if I can see the future.
In the September 22 issue of The 10th Man, I went through the math of how people would get screwed in a bond bear market.
I gave some concrete examples of what would happen if rates backed up 100 basis points. And sure enough, since the election, rates have backed up about 40 basis points.
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Monday, November 28, 2016
Simple Yet Powerful Technical Trading Tools / Commodities / Gold and Silver 2016
By: EWI
Jeffrey Kennedy discusses technical tools that support Elliott wave analysis
In this new interview, Jeffrey Kennedy gives a trading lesson on how to use trendlines, trend channels, price gaps and other technical tools in conjunction with Elliott wave analysis.
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Monday, November 28, 2016
The Sad Truth of Saving for the Future / Personal_Finance / Savings Accounts
By: MoneyFacts
Savers are no doubt aware of the struggle to earn a decent return in the current market. Interest rates are at record lows and there is little incentive for consumers to put money aside, particularly if they have a short-term savings goal. As a result, savers may be facing a savings shortfall for the future.
The latest research from Moneyfacts.co.uk shows the significant difference in the amount of interest on offer today compared to previous years, and how much savers are losing out on.
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Monday, November 28, 2016
President Trump Is Facing Lenin’s Dilemma / Politics / US Politics
By: John_Mauldin
George Friedman: When the Bolsheviks took power during the Russian Revolution in 1917, their intention was to create the dictatorship of the proletariat. They formed an army to fight a civil war against a counterinsurgency of monarchists who intended to destroy the Bolsheviks.
Vladimir Lenin, who led the revolution, appointed Trotsky to form the Red Army.
One problem was that he had never served in an army, let alone commanded one.
But Trotsky was chosen not because he had experience building an army. He was chosen because Lenin trusted Trotsky wouldn’t betray him.
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Monday, November 28, 2016
The US Is Undemocratic by Its Very Nature / Politics / US Presidential Election 2016
By: John_Mauldin
George Friedman : The final irony in an election filled with irony is the refusal of some voters to accept President-elect Donald Trump’s victory. This group includes more than mere protesters. There is a good-sized movement to persuade the Electoral College to vote for Clinton instead of Trump.
The irony is that it was Trump who said he would refuse to accept the results of the election. The Clinton camp charged that Trump was fighting against the sanctity of democracy. Now each has adopted the other’s position. Clinton herself, though, has not sought to overturn the election.
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Monday, November 28, 2016
If Trump Does This, We Will Win / Economics / US Economy
By: John_Mauldin
No matter who won the presidency, the economic way forward was not going to be easy. The national debt and deficit must be brought under control, or we will face a crisis.
Avoiding that crisis—even if it is 10 years out—is important. The solution doesn’t have to be implemented all at once. But there has to be a clear trajectory along the lines of the Clinton/Gingrich budget compromises. Those gave us balanced budgets and deficit reduction.
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Monday, November 28, 2016
This Looming Debt Crisis Could Ruin Many / Interest-Rates / Global Debt Crisis 2016
By: John_Mauldin
We must deal with the debt if we are going to survive . We have two options: Simply stop spending or grow the economy. “Stop spending” is easier said than done. And boosting growth is going to be difficult too.
Total debt this year rose by 6.8%, almost double our growth rate. Not the right direction. After eight years of the slowest economic recovery in history, growing our debt dramatically faster than we are growing our country—even when we include inflation.
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Monday, November 28, 2016
Public Infrastructure – Welcome to the World of Waste, Fraud, and Abuse / Economics / Infrastructure
By: Steve_H_Hanke
Economic policy is subject to fads and fashions. The most recent economic-policy fad is public infrastructure. Its advocates include progressives on the “left” – like President Obama, Hillary Clinton, and Bernie Sanders – and populists on the “right” – like President-elect Trump. They tell us to take the chains off fiscal austerity and spend – spend a lot – on public works. They allege that this elixir will cure many, if not all, of our economic ills. Let’s take a look at their arguments and evidence.Read full article... Read full article...
Monday, November 28, 2016
Fifty Years Later, Moore's Computing Law Holds / Politics / Technology
By: STRATFOR
By Matthew Bey : Gordon Moore, co-founder of Intel Corp., published his now iconic article — Cramming More Components into Integrated Circuits — in the journal Electronics on April 19, 1965. In this paper, Moore observed that the number of transistors fitting on a computer circuit board had roughly doubled each year. A decade later the time-scale was revised to 18-24 months and dubbed "Moore's Law." Following this principle, a computer purchased today would cost about half the price in two years. Processing is now down to one-sixtieth the cost it was a decade ago.
Monday, November 28, 2016
Stock Market New Record Highs, But Will The Uptrend Continue? / Stock-Markets / Stock Markets 2016
By: Paul_Rejczak
Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,240, and profit target at 2,060, S&P 500 index).
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