Thursday, October 15, 2015
Stock Market Bearish Topping Formation / Stock-Markets / Stock Markets 2015
By: Anthony_Cherniawski
Another Orthodox Broadening Top appears to be forming. Whether it makes a new high or not, it appears to be valid and has a potential target of 1532.00.
A reversal here that has not formed a new high has a 65% probability of follow through to the downside as it reverses from the top. Those are fair odds for a short position, although I would still call it an aggressive one. The odds of failure of this formation drop to 4% beneath the lower trendline at 1985.32. That corresponds to the 50-day Moving Average, where the sell signal in SPX would be confirmed.
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Thursday, October 15, 2015
How to Profit From America’s Growing Natural Gas Reserves / Commodities / Natural Gas
By: Investment_U
David Fessler writes: Once every two years, a little-known committee conducts a very important study. The Potential Gas Committee (PGC) estimates how much natural gas we can recover from U.S. deposits.
Currently, the U.S. uses 26.7 trillion cubic feet (tcf) each year. That’s a lot of gas. Fortunately, the PGC’s 2014 year-end estimate for recoverable gas is 2,515 tcf... or 2.5 quadrillion cubic feet.
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Thursday, October 15, 2015
What the 'Junk-Bond Crisis' Means for Muni Bonds / Interest-Rates / International Bond Market
By: DW
Dr. David Eifrig writes: It could happen next week... or next month...
Thursday, October 15, 2015
The Third Wave of the Global Financial Crisis / Stock-Markets / Financial Crisis 2015
By: Michael_J_Kosares
Massive artificial stock, bond wealth will be looking for a place to go. By the time Goldman Sachs published its widely referenced warning of a third wave in the global financial crisis (mid October), the physical precious metals' markets were already feeling the strain of very strong demand against a rapidly dwindling supply. China, the country seemingly at the epicenter of the developing emerging market crisis, by itself had taken 911 tonnes of gold off the market in the first half of 2015 – a number when annualized that represents nearly two-thirds of the world's mine production. India, another of the so-called BRICS nations (Brazil, Russia, India, China and South Africa) was a strong second at 400-500 tonnes. In the Occident, gold demand was strong, but silver demand was even stronger. Global mints were reporting off-the-charts demand for silver bullion coins. Coin premiums were on the rise in extremis at one point reaching almost $6 per ounce on the popular silver American Eagle.
Thursday, October 15, 2015
The "Personality" of Stock Market Waves / InvestorEducation / Elliott Wave Theory
By: EWI
Are movements in the markets just prices or is there more to it?
Elliott waves don't merely reflect prices plotted over time. Each wave has its own "personality." Watch this video by EWI's Wayne Gorman to learn more about the psychology behind the waves and how it affects your investment decisions.
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Thursday, October 15, 2015
Are The Junior Gold Miners (GDXJ) On The Verge of a Major Breakout at $23? / Commodities / Gold and Silver Stocks 2015
By: Jeb_Handwerger
Junior gold miners may be on the verge of a major breakout past three month highs after The Federal Reserve continues to push back interest rate increases. There is a stealth rally underway for junior miners as gold tests resistance after bouncing off its lows in late July. Investors appear to be rotating from the Dow into precious metals as investors may be anticipating even greater easing efforts globally due to China's recent weakness and Yuan devaluation. This could continue to push precious metals, the large miners such as Barrick Gold (NYSE:ABX) and mid-tiers such as Alamos Gold (NYSE:AGI) higher. The fear of rate increases that pushed precious metals down is decreasing. The recent rally in precious metals and junior miners may be just beginning as I expect to see increased mergers and acquisitions off of these depressed low prices.Read full article... Read full article...
Thursday, October 15, 2015
Gold Surprise / Commodities / Gold and Silver 2015
By: Bob_Loukas
The surprises are going to the upside for gold, and that is obviously a change in behavior. The miners are roaring higher and are outside of their Bollinger Bands for multiple days, a sure sign of strength. Up until very recently, the Investor Cycle had showed us relatively little to get excited about. But suddenly, eleven weeks into the Cycle and right where you would have expected it to turn lower, gold has found yet another gear.
Thursday, October 15, 2015
GBPAUD: More Gains Are In Sight / Currencies / British Pound
By: Gregor_Horvat
We have seen deep three wave decline in on GBPAUD from August highs that can be now coming to an end after recent nice turn up from 2.0785 area. Notice that there was a triangle in wave (B) so recent leg down must be wave (C) final wave within a corrective move. That said, our view is bullish now, so be aware of more gains ahead, especially after 2.1305 is broken. We are tracking this one for longs.
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Thursday, October 15, 2015
U.S. Dollar, Currency Markets Trend Forecasts Update / Currencies / Forex Trading
By: David_Petch
I thought I would do a deeper dive to revisit the currencies and US Dollar again, because there are a lot of comments out in cyberspace and the general media about how things are not that bad. The US stock market is having a massive short-covering rally, which is merely a mechanical knee-jerk reaction to an oversold condition. As I mentioned last week, there is still going to be another 2-3 weeks of upside in the "other currencies" and commodities, but when a top is put in place, one will want to make sure they are sitting on a chair, because it will get ugly.
Thursday, October 15, 2015
Silver Prices and Technical Analysis / Commodities / Gold and Silver 2015
By: Dr_Jeff_Lewis
We started this series “shallow and wide” on the subject of what's really determining the silver price…
What are the factors, the most influential factors right now? Last week we covered high-frequency trading and algorithm trading in association with the future's market. This week we're going to kind of go on a second factor, which is silver prices and technical analysis.
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Thursday, October 15, 2015
Ignore The Media Bullsh*t – Retail Implosion Proves We Are In Recession / Economics / Recession 2015
By: James_Quinn
Here we go again. The dying legacy media will continue to support the status quo, who provide their dwindling advertising revenue, by papering over the truth with platitudes, lies, and misinformation. I have been detailing the long slow death of retail in America for the last few years. The data and facts are unequivocal. Therefore, the establishment and their media mouthpieces need to suppress the truth.
Thursday, October 15, 2015
Gold Price Flashes Buy Signal on Technical Breakout / Commodities / Gold and Silver 2015
By: Jason_Hamlin
Gold is rocketing higher during the first two weeks of October, up roughly $75 to $1,185 today. This is a gain of 6.7% in just two weeks as investors are increasingly betting that the gold price has bottomed.
The price advance is being driven partially by comments from Federal Reserve board members suggesting that a rate hike is not a sure thing in 2015, as most analysts had once expected. This news has helped to push the dollar lower and precious metals higher over the past few weeks.
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Thursday, October 15, 2015
This Unique Oil Stock is Offering A Huge Dividend Yield / Companies / Oil Companies
By: Casey_Research
By Justin Spittler
One of Casey Research's biggest calls this year is paying off…
In early August, E.B. Tucker, editor of The Casey Report, told subscribers how to profit from the world’s oversupply of oil.
If you read financial newspapers for more than a week, you’ll notice that global oil production is near record highs. Last year, global oil output reached its highest level in at least twenty-five years, according to the U.S. Energy Information Administration (EIA).
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Wednesday, October 14, 2015
How Can Bank of America Drive Better Efficiency? / Companies / Banking Stocks
By: Bloomberg
Brian Moynihan, CEO of Bank of America, spoke with Bloomberg TV’s Erik Schatzker about the bank's earnings and performance.
Moynihan said that the efficiency ratio should be 500 BPS lower and the company has a plan to get it there. When asked about how he will do it, Moynihan said: "The headcount will come down because there were 60 percent people costs. There's not enough other costs to save a lot of money, but question is how you do that."
Wednesday, October 14, 2015
Israel Anti-Palestinian Viciousness Rages / Politics / Palestine
By: Stephen_Lendman
Israel bears full responsibility for premeditated violence and brutality, unleashed without mercy against defenseless Palestinians - reminiscent of how Nazis persecuted Jews.
Wednesday, October 14, 2015
Walmart Stock Craters On Profit Warning - The Fatal Blindness of Greed / Companies / Corporate Earnings
By: Jesse
"America's great now -- it's never been greater.
Our kids are going to live so much better than we do now." Warren Buffett
“Among 21 countries in the study the U.S. ranks second-to-last in the percentage of its GDP spent on benefits for families, despite one of the highest relative child poverty rates of the comparable high-income countries. [only Turkey was worse because it failed to provide any data]” Child Trends, World Family Map 2015
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Wednesday, October 14, 2015
For Corporations And Hedge Funds, The Next Recession Is Already Here / Companies / Recession 2015
By: John_Rubino
Wal-Mart just announced flat year-over-year sales, causing its shares to fall by 9% and wiping $20 billion from its market cap. Which would be unremarkable if the disappointment was an aberration. But it’s not. Earnings season is off to a brutal start, with big names announcing big misses all over the place. Meanwhile, the rare good numbers are mostly the result of blatant (and therefore ineffective) financial engineering. Some examples:
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Wednesday, October 14, 2015
Forget the Yield Curve- Banks Stocks Are a Bargain / Companies / Banking Stocks
By: Sol_Palha
A wise man will make more opportunities than he finds. - Francis Bacon
The press is giving too much credence to the effect an interest rate hike would have on the markets and on the financial sector. First of all, the fact that the Fed has been debating whether or not to raise rates by a paltry meaningless 0.25 basis points speaks volumes. The Fed clearly understands that this recovery is nothing but smoke and mirrors; the main driving force behind being hot money.
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Wednesday, October 14, 2015
US Interest Rate Hike Odds For March 2016 Fall Below 50% / Interest-Rates / US Interest Rates
By: Mike_Shedlock
3rd Quarter GDP Forecast Slips to 0.9%
Following today's retail and business sales reports, the Atlanta Fed GDPNow Forecast for third quarter GDP slipped 0.1 percentage points to 0.9%.
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Wednesday, October 14, 2015
Gold Price Forecast to End 2016 at $1,400 an ounce / Commodities / Gold and Silver 2015
By: GoldCore
Gold prices are headed for a critical test according to The Week today. The Federal Reserve’s ‘wait and see’ stance suggests policymakers there are in no rush to increase rates this year. “Sentiment over interest rates has been controlling gold prices all year,” says The Week “as traders prepare for a rise that will lessen the attraction of non-yielding commodities and boost the dollar”.
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