Friday, March 18, 2016

GBPJPY And EURGBP Elliott Wave Analysis / Currencies / British Pound

By: Gregor_Horvat

GBPJPY

On the intraday chart of GBPUSD, we are looking at a possible three wave structure, labeled as A-B-C, that started from recent highs at 164.098 region, and is now trading midway through it's completion in wave B. That said wave B could be near finished, as price is unfolding near 61.8 fibo. ratio measured from wave A highs. The ideal turning point into lower levels would then be around 161-162.40 area.

Friday, March 18, 2016

The Profound Impact of E-commerce on International Trade / Economics / Global Economy

By: Boris_Dzhingarov

When we consider the effect of e-commerce on the global economy, it is said to be one that is both far-reaching and very influential. E-commerce is a type of trade that has a significant and profound effect for businesses located all over the world, and is more powerful than many different traditional resources which the majority of global businesses have adopted over time. E-commerce has been able to successfully remove the global barriers between businesses and customers from differing countries, helping customers to easily locate and contact vendors with minimum hassle.

Friday, March 18, 2016

Unlocking Value into the Oil Bear / Commodities / Oil Companies

By: The_Energy_Report

The low price of oil has meant that a lot of companies are going broke, but not so with Torchlight Energy. A subsidiary of D.R. Horton is spending $50 million, fully funding the development of Torchlight's Orogrande project over the next 24 months.

Torchlight Energy Resources Inc. (TRCH:NASDAQ) is out with an update that comes roughly 30 days after the company updated venture investors that it had decided to move on from the successful drilling and data capture of its Rich A-11 well, up to that point its primary valuation-driving well in the all-important Orogrande project. This new update is more comprehensive; Torchlight Energy updated investors as to progress being made regarding its Marcelina Creek and Orogrande projects, as well as provided a merger-and-acquisition update regarding its Hunton assets, which are currently being marketed.

Friday, March 18, 2016

Rise of the Quantitative Robots / Stock-Markets / Stock Markets 2016

By: Gary_Tanashian

I read an article at Bloomberg the other day that focused upon a former mathematics professor who now runs his own Mom & Pop ‘quant’ shop (his home) from the desert plains in New Mexico.  The article noted that there are big, powerful quants in New York City and there is a constellation of little guys out there writing their algos and skimming the markets with the precision that mathematical codes instruct.

Friday, March 18, 2016

Rising Stock Market Vollatility - Watch out below! / Stock-Markets / Stock Markets 2016

By: Anthony_Cherniawski

Good Morning!

I have profiled the 4.3-year trendline which was violated yesterday. You can see that there was another false breakout on September 29. Whether that breakout remains standing at the end of the day is uncertain, since there is a double Trading Cycle Pivot on Saturday.

Today is all about options expiration. This week is known as quadruple witching, which adds to the potential volatility.

Friday, March 18, 2016

$NYAD (NYSE Advance-Decline Issues) and $SPX (S&P 500 Index) / Stock-Markets / Stock Markets 2016

By: Gary_Savage

The AD line is making higher highs. There is virtually no doubt at this point that the 7 year cycle low is complete and a new 7 year cycle has begun

Friday, March 18, 2016

It's a Currency and Financial Extinction Level Event / Stock-Markets / Financial Crisis 2016

By: Gordon_T_Long

The Financial Repression Authority is pleasured to be revisited by Ty Andros, Chief Investment Officer of the Sanctuary Fund. FRA Co-Founder Gordon T. Long has has a stirring conversation with Mr. Andros on a number of current economic developments and consequently, the things to unfold.

Ty began his commodity career in the early 1980's and became a managed futures specialist beginning in 1985. Mr. Andros duties include marketing, sales, and portfolio selection and monitoring, customer relations and all aspects required in building a successful managed futures and alternative investment brokerage service. Mr. Andros attended the University of San Diego, and the University of Miami, majoring in Marketing, Economics and Business Administration. He began his career as a broker in 1983, and has worked his way to the creation of TraderView of which he is the CEO. Mr. Andros is active in Economic analysis and brings this information and analysis to his clients on a regular basis. Ty prides himself on his personal preparation for the markets as they unfold. Ty is an expert in applying the indirect exchange method as a principle of the Austrian School of Economics in his investing approach.

Friday, March 18, 2016

Is This The Debt Jubilee? / Interest-Rates / Global Debt Crisis 2016

By: John_Rubino

Not so long ago the financial world viewed certain numbers as limits beyond which lay trouble. Interest rates near zero, for instance, were thought to risk destabilizing the banking system. And government fiscal deficits above 3% were considered so dangerous that exceeding this level was prohibited by the Maastricht treaty that all euorzone members were required to sign.

Those numbers -- 0% and 3% -- are still considered bad. But now for the opposite reason: They're insufficiently aggressive.

Friday, March 18, 2016

Market Explodes on FOMC News / Stock-Markets / Stock Markets 2016

By: Harry_Boxer

The stock market indices had an interesting session with a mixed close, although they did come way off the lows early on when the indices had an early dip. They then stair-stepped their way higher in a 5-wave advance, pulled back to hold support, and then rallied back to resistance. When they couldn’t get through, they backed off into the close. At the end of the day, they did close green on St. Patrick’s Day on the blue chips.

Thursday, March 17, 2016

Gold and Silver March Madness / Commodities / Gold and Silver 2016

By: Jesse

"The main thing is that the debt is in dollars. So we can't run out of cash--we print the stuff. Suppose that foreigners decide we're not reliable. How does that drive up interest rates? The Fed controls short-term interest rates, and long-term interest rates reflect expected short rates. How's that supposed to happen?" Paul Krugman, Interview on CNNMoney

Well, at least now we know why gold was knocked down lower in the paper trading earlier this week.

Thursday, March 17, 2016

Russian Stock Market Great Long Term Buy: Inflation Down 50% YOY / Stock-Markets / Russia

By: Sol_Palha

For a long time, we have been stating that the Sell-off in both the Ruble and the Russian stock market provided the astute investors with a great long-term buying opportunity.  Well, This chart proves that things are getting better and that the Sanctions that the West imposed on Russia at the behest of the America was a stupid idea, but more importantly, it has made Russia even stronger. The chart below is proof of this; inflation is down over 50% year over year. Translation things must be getting better.

Thursday, March 17, 2016

Forex Big Reaction to Little Action / Currencies / Forex Trading

By: Nadia_Simmons

Yesterday, the Fed announced that it had decided to leave the interest rates unchanged. However, this doesn't mean that nothing changed. There was something that the Fed said that altered the outlook.

What was it? The Fed now signals two rate hikes in 2016 instead of four. Some investors even say that the Fed's tightening cycle is over. Either way that's a bearish piece of information for the USD Index, so yesterday's move lower in it may (!) be followed by a few additional daily downswings (and it appears that we are seeing one now).

Thursday, March 17, 2016

Kuroda, Draghi, then Yellen Pull the Trigger on Blanks / Stock-Markets / Stock Markets 2016

By: Anthony_Cherniawski

Good Morning!

As expected, the SPX Premarket is down again this morning. The “goose” that the markets got at the FOMC announcement are but a temporary reprieve from what is to come.

I will be gone all day to a conference in Indiana, so here is the level at which the market trend turns south. The trendline is self-evidennt, along with Intermediate-term support at 1994.28 as the confirmation of the change in trend.

Thursday, March 17, 2016

More Stock Market Volatility Following Fed's Decision Release - Uptrend Reversal Or Just Consolidation? / Stock-Markets / Stock Markets 2016

By: Paul_Rejczak

Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,050, and profit target at 1,900, S&P 500 index).

Our intraday outlook is bearish, and our short-term outlook is bearish, as we expect a downward correction or short-term uptrend's reversal at some point. Our medium-term outlook remains bearish, as the S&P 500 index extends its lower highs, lower lows sequence. We decided to change our long-term outlook to neutral recently, following a move down below medium-term lows:

Thursday, March 17, 2016

Fractal Analysis Shows Coming 70s Style Gold Stocks Rally From Even Cheaper Levels / Commodities / Gold and Silver Stocks 2016

By: Hubert_Moolman

In terms of the gold price, gold stocks are currently at better value than at the beginning of the bull market in 2001. In 2001, at the bottom of the gold bull market, the XAU to Gold ratio was around 0.2 compared to 0.05 today. In other words, gold stocks are cheaper than they were in 2001. In fact, they are cheaper than they have been the last 78 years at least.

If you are confident that the gold bull market is about to continue, and trust gold stocks as the best  “vehicle” to take advantage of the gold bull market, then it is probably an ideal time to get into these gold stocks.

Thursday, March 17, 2016

Oil Price Won't Stage A Serious Rebound Until This Happens / Commodities / Crude Oil

By: OilPrice_Com

Oil prices have shown signs of life over the past few weeks, as production declines in the U.S. raise expectations that the market is starting to adjust. As a result, Brent crude recently surpassed $40 per barrel for the first time in months.

A growling list of companies are capitulating, announcing production cuts for 2016. Continental Resources, for example, could see output fall by 10 percent. A range of other companies have made similar announcements in recent weeks. The energy world has been speculating about declines from U.S. shale, and the declines are finally starting to show up in the data.

Thursday, March 17, 2016

FOMC Bring on the Clowns, Dollar, Gold and Bonds / Stock-Markets / Financial Markets 2016

By: Dan_Norcini

Honestly, more and more that seems to be the best phrase to describe when waiting for these FOMC statements to be revealed.

If we are not seeing a case of deliberate attempts to break the back of their own currencies among these Central Bankers, then "Scotty, beam me up!"

With the Fed Fund futures showing sharp increases AHEAD of the FOMC statement of rate hike probabilities, today's ultra dovish statement had everyone positioned on the wrong side of the currency markets yet once again. The result was yet another unleashed chaos courtesy of our Central Bankers.

Thursday, March 17, 2016

US Dollar Important Chart / Currencies / US Dollar

By: Rambus_Chartology

Last week I showed you this potential H&S top forming on the USDU which is a more evenly balanced index for the US dollar which actually trades as an ETF.

http://www.wisdomtree.com/etfs/fund-details-currency.aspx?etfid=91

I built this chart using a line chart and then leaving the trendlines in place I converted to a bar chart. As you can see it has been backtesting the neckline for the last week or so along with the 200 dma. This chart shows a reversal pattern which sets up a downtrend of some kind. This is an important development.

Thursday, March 17, 2016

Lifetime ISA - Another Boost for UK House Prices and Worsen Housing Market Crisis / Personal_Finance / ISA's

By: Nadeem_Walayat

George Osborne's flag ship personal savings account change of Budget 2016 is the announcement of the Lifetime ISA. Which is the latest of a myriad of policies aimed squarely at stoking UK housing market demand, effectively QE for first time buyers as the government seeks to hand out £1,000 for every £4,000 saved as long the monies are used to either buy ones first home or to fund retirement.

Thursday, March 17, 2016

UK Economic Growth Evaporating, Worse to Come than OBR Budget 2016 Forecasts / Economics / UK Economy

By: Nadeem_Walayat

The governments fantasy projections on the economy made by their Office for Economic Propaganda (OBR) shortly following the Conservatives May 2015 election victory are fast unraveling as the OBR's latest propaganda nudged expected growth for 2016 lower to 2% from 2.4%, and growth for 2017 lower to 2.2% from 2.5%, whilst maintaining more distant year overly optimistic forecasts.