Saturday, August 13, 2016

The Next Interest Hike is Just Around the Corner / Stock-Markets / Financial Markets 2016

By: David_Chapman

Shortly after the release of the most recent nonfarm payroll numbers, the pundits were quickly talking up the potential for another Fed interest rate hike at the September FOMC. The BLS reported that the July nonfarm payrolls were up 255,000 jobs, when they expected only 180,000 to 185,000. The June nonfarm payrolls were also revised upwards. Unemployment (U3) was unchanged at 4.9%. Despite the seemingly strong job numbers, the monthly nonfarm payrolls remain highly questionable. Further, other economic data has been anything but robust, with the recent Q2 GDP numbers coming in at half the level expected. The most recent trade data was also lower than expected. Canada reported job losses in July of 31,200, well below expectations, and the equivalent of the US nonfarm payrolls being down 300,000.

Saturday, August 13, 2016

Weekly Candle On Nasdaq Suggesting Stock Market Top?... / Stock-Markets / Stock Markets 2016

By: Jack_Steiman

After seven up-weeks we see a candle printed on the Nasdaq this week that normally suggests a temporary top is at hand. I say normally because nothing about this market is normal any more. It has defied all logic, and, quite honestly, has changed its technical stripes. Normal, bearish candles are not working with any consistency such as they had years prior. Gap ups that fail after a move higher, or black candles on gaps that would normally signal the end of a move, are now being entirely ignored for the most part. Candles, such as we saw this week on the Nasdaq, fit that bill for a topping period, but would it shock me if we're up next week? Not one drop.

Saturday, August 13, 2016

Rebirth of a Nation / Politics / Social Issues

By: Jeff_Thomas

Regular readers of this publication will be familiar with my frequent comments that all countries have a shelf-life – that they experience a slow rise, typified by a strong work ethic and a free-market philosophy, which results in a highly productive country. That productivity later results in a high level of sympathy for the disadvantaged, which political leaders turn into a justification for government largesse. That, in turn, results in a population that grows complacent and, eventually apathetic, culminating in a decline into totalitarianism.

Saturday, August 13, 2016

Central Banks Are Choking Productivity / Economics / Central Banks

By: Peter_Schiff

If the Economy were a car, productivity would be the engine. Heated seats, on-demand 4-wheel drive and light-sensitive tinted windshields, are all very nice. But they mean little if the engine doesn't turn and the car just sits in the driveway. The latest productivity data from the Commerce Department confirms that our economic engine is sputtering.

If you strip away all the bells and whistles of economic analysis, the simple truth is that the increased living standards that have taken us from the stone age to the digital age happened because we increased our productivity. Better plows, windmills, bulldozers, factories and, more recently, better software, technology and automation, have allowed economies to produce more output with less human effort. This means there are more goods and services for more people to share and workers can work less to acquire those goodies. When productivity stops increasing, no amount of financial gimmickry can compensate.

Saturday, August 13, 2016

TwinLakes Theme Park Summer Super 6 - FREE Entry / Personal_Finance / Theme Parks

By: Sami_Walayat

TwinLakes theme park situated near Nottingham are running a summer super 6 challenge, which results in an easy to obtain free entry for a family of 4 people to the theme park during September. Find out how it works in this video.

Saturday, August 13, 2016

Walkers Spell and Go, ASA Less than 800 Holiday Wins Out of 20,000 Advertised! / ConsumerWatch / Freebies and Comps

By: Anika_Walayat

The truth is finally about to be revealed as the Advertising Standards agencies investigation into Walkers Crisps Spell and Go Promotion is about to reveal the magic number that we have all be waiting for, the actual number of holidays won from a promotion that had implied that 20,000 were available. So find out in our breaking news video exactly how many holidays Walkers awarded which acts as an strong indicator of what to expect from future walkers promotions that many deem to be impossible to win, delivering a mere fraction of the number of prizes advertised.

Friday, August 12, 2016

Gold Price Has Now Entered Its Strongest Seasonal Period / Commodities / Gold and Silver 2016

By: Chris_Vermeulen

My analysis indicates that gold will be implemented in order to protect ‘global purchasing power’ and to minimize losses during our upcoming periods of ‘market shock’. It serves as a high-quality, liquid asset to be used whereas selling other assets would cause losses. Central Banks of the world’s largest long-term investment portfolios use gold to mitigate portfolio risk, in this manner, and have been net buyers of gold since 2010.

Friday, August 12, 2016

Fueling Gold Stocks’ Next Upleg / Commodities / Gold and Silver Stocks 2016

By: Zeal_LLC

Gold stocks’ new bull market this year has already proven breathtaking.  This obscure sector has nearly tripled within a matter of months, yielding immense profits for the smart contrarians who bought in low.  But after such a blistering surge, what’s going to fuel gold stocks’ next upleg?  Heavy gold investment buying driving its price much higher will greatly boost gold-mining profitability, attracting in far more capital.

Gold stocks’ new bull run in recent months has been massive.  Their leading benchmark HUI gold-stock index skyrocketed 182.2% higher in just 6.5 months between mid-January and early August!  No other sector in all the markets is even remotely close to challenging this commanding performance.  Yet this mighty gold-stock bull still remains young and small, with the great majority of its gains still left to come.

Friday, August 12, 2016

Is the Crude Oil Price Rally Over? / Commodities / Crude Oil

By: Nadia_Simmons

Trading position (short-term; our opinion): Long positions (stop loss at $37.23; initial upside target at $46.90) are justified from the risk/reward perspective.

Crude oil declined on Wednesday only to shoot up with vengeance yesterday, exceeding the previous August highs. Still, crude oil declined a bit before the session was over, so many investors are wondering if the rally is already over – is this the case?

Friday, August 12, 2016

How the Frankfurt School Changed American Culture / Economics / Economic Theory

By: David_Galland

Dear Parade-Goer,

How many times have you heard someone lament how much the world has changed from the good old days? You know, the simpler pre-PC period when the world operated according to fairly predictable principles.

But then we woke one day in a world with every bastion of what some might called normalcy under attack. Institutions that 100 years ago appeared unassailable—marriage, for example—are increasingly seen as antiquated. Even the idea of a national character is viewed as wrong-minded and, in the successful societies of the West, as exclusionary and even racist.

Friday, August 12, 2016

What Would Future EU-UK Relations Look Like? / Politics / BrExit

By: Arkadiusz_Sieron

We have analyzed the reasons behind the Brexit vote. Let’s turn to the consequences of the Britain’s withdrawal from the EU, which are probably far more important from the investors’ perspective. As we stated in the previous edition of the Market Overview, the exact impact of the potential Brexit depends on the new economic relationship between the UK and the EU. What are the UK’s options outside the European Union?

Friday, August 12, 2016

Crude Oil Price Bottom likely to Propel Dow Industrials Higher / Commodities / Crude Oil

By: Sol_Palha

The minute you settle for less than you deserve, you get even less than you settled for. Maureen Dowd

The chart below clearly illustrates that a relationship exists between crude oil and the Dow.  For most of the 1st half of 2015, oil traded sideways, and the Dow followed suit.  Then, around July of 2015, oil broke down, and the Dow followed in its footsteps.  We see a similar pattern from Nov-Dec 2015; oil headed lower, and the Dow once again followed in its footsteps; so much for the argument that states lower oil prices are conducive for the markets. 

Friday, August 12, 2016

Negative Interest Rate Money “Madness” Sees Gold Buying Surge / Commodities / Gold and Silver 2016

By: GoldCore

Gold buying surged to record levels in H1, 2016 due to increasing concerns about the political, economic and monetary outlook. In particular, deepening concerns about the negative interest rate money “madness” of central banks today.

Heike Hofmann sells fruit and vegetables in Germany. She reacted to negative rates by cutting spending & buying gold bars.

Friday, August 12, 2016

Planned Fracturing of EU Jubilee Year Continues: Greece, Italy, Spain Consider Exiting / Politics / European Union

By: Jeff_Berwick

When we started The Dollar Vigilante in 2010 we stated that the worldwide central banking fiat money system would collapse within the decade.

It was just math.  Government debt continues to mount and the only way to pay interest on the debt is to print more money.  The US government, alone, has doubled its debt in the last eight years, from under $9 trillion to now well over $19 trillion.

Friday, August 12, 2016

Stock Market Strong Positive Session / Stock-Markets / Stock Markets 2016

By: Harry_Boxer

The stock market indices had a very strong session, taking a big leap at the opening to retest the highs, and then backed off sharply. They came on strong and by midday the S&P 500 made new, all-time highs, but when the Nasdaq 100 failed to cooperate, they pulled back, but held. They came on one more time and made a nominal new highs again on the S&P 500 over 2188. Nasdaq 100 again could not make a new high, and they both backed in the last 10 minutes. It was a very positive session.

Friday, August 12, 2016

Here Comes The Stock Market Air Pocket! / Stock-Markets / Stock Markets 2016

By: Brad_Gudgeon

The astro/cycle/wave read between now and August 15th looks for a quick abrupt air pocket of close to 3% in the SPX. At first, I was looking for a Wave 4 pullback to 2132/33 by late Friday, but upon re-examination, I believe it will be more in the order of 2122 by Monday. Normally, lows in the market don’t go past the moon in Sagittarius (late Thursday –Saturday), but I have to remind myself of Uranus Retrograde: expect the unexpected.

Friday, August 12, 2016

Gold 2.0: How to Profit from the Current Gold Bull Market / Commodities / Gold and Silver Stocks 2016

By: The_Gold_Report

After five years of a brutal bear market, gold and gold miners are finally having a huge rebound, and investor Chen Lin, writer of the popular newsletter What is Chen Buying? What is Chen Selling?, sees the parallels to 2009. He highlights nearly a dozen mining companies that have weathered the downturn and are in position to ride the wave higher.

Thursday, August 11, 2016

Natural Gas is Lighter Than Air and Its Rising – I Smell Trading Opportunity! / Commodities / Natural Gas

By: Chris_Vermeulen

During the last stock market top in 2007-2008 the price of natural gas completed a basing pattern (bottom) and broke out and had a massive rally. Will this happen again this time around?

Based on the stock market stage analysis, market sentiment, and the price action of natural gas, it appears the stock market is topping and natural gas is on the verge of a breakout and rally.

Thursday, August 11, 2016

Stock Market Bounce May be Over / Stock-Markets / Stock Markets 2016

By: Anthony_Cherniawski

The hourly chart puts the SPX is a good context for understanding this bounce/retracement. There are virtually no shorts here to run, so the algos are likely to pack up and see what happens. The caution point is where the hourly Cycle Top at 2185.15 and short-term trendline lay.

A reversal/pivot here may give the SPX the momentum to break the next trendline support at 2171.00. Mid-Cycle support is just beneath it at 2169.26, so we may wish to use it as our next short entry point.

Thursday, August 11, 2016

Stock Market: Likely Pullback into Friday / Stock-Markets / Stock Markets 2016

By: Brad_Gudgeon

I tracked the 4/8 TD lows and they point to 3:45 PM EDT Friday for the expected low.  Friday is the 32 TD low +1.  It is also close enough to the 35 TD low due Tuesday next week (35-2).  This would then thrust the market up for 4 to 5 TD's based on the minimum normal out of a16/32 TD low and that is an August 18th or 19th top (August 18 is the full moon/lunar eclipse and Bradley turn/August 19th is OPEX). August 19th is 8 TD's from the August 9 top. August 18th is the exact 66-week top from the May 20/21, 2015 top. IF all goes according to my perceptions, we should see THE top for the year in the stock market next week.