Sunday, August 26, 2018

The PetroDollar Matrix / Currencies / US Dollar

By: Andy_Sutton

At the forefront of the media’s attention today is Russia. We’re not really sure why, (well, of course we are) but it seems that Russia has become the new boogeyman. Everything is Russia’s fault. I’ve even heard rumors that the National Weather Service has plans to blame Russia for all the confounded rain in the Northeast and Mid-Atlantic this summer. We know – right away you’re thinking this is going to be about Russia but it’s really not. It’s about what the media isn’t telling you. It’s why (we believe), Trump’s Tweets, Ivanka’s Sweets, Russiagate, the left’s hate, the right’s hate (aka, establishment theatre) are all taking the headlines while a very disturbing trend is left in plain sight. It’s the 800-pound gorilla in the room during any discussion involving economics and geopolitics, but nobody wants to talk about it.

Sunday, August 26, 2018

USD/JPY Forex Trend Forecast / Currencies / Japanese Yen

By: Austin_Galt

Pattern – I believe a top is in place at 113.21 and a new downtrend has begun with price in the process of putting in a lower high. While it is possible that the first lower high is already in place, it is my belief that is not the case and a 5 point broadening low formation is in play with price currently on its way up to a point 4 high which will be the lower high. Considering the likely point 5 low is much lower, I am essentially viewing this formation as just a continuation pattern. The point 2 highs is at 112.50 and price turning back down at that lower would set up a bearish lower double top and that is certainly a very valid possibility.

Sunday, August 26, 2018

Gold has Reversed. Will the Bounce Continue? / Commodities / Gold and Silver 2018

By: Troy_Bombardia

Gold has been in a very strong downtrend until this past week. But thanks to this week’s bounce, gold has snapped its 6 week loss streak.

Sunday, August 26, 2018

Trade Wars, the Dollar and Precious Metals / Commodities / Gold and Silver 2018

By: The_Gold_Report

Rob McEwen, chairman and chief owner of McEwen Mining and former CEO of Goldcorp, speaks to Streetwise Reports about the impact of trade wars on the dollar and precious metals, where he sees the growth in precious metals equities, and how he plans to qualify McEwen Mining for the S&P 500.

The Gold Report: Prices of some commodities have been falling. What are your thoughts on the current commodities market?

Rob McEwen: The commodities market has been adversely impacted by the strong dollar and the discussion of a trade war possibility, which may already be happening. With the economies of America, Europe and Asia picking up, most investors are asking, why buy gold or silver? The dollar is the key. When it starts dropping, we will see the price of gold, silver and all commodities improve.

Sunday, August 26, 2018

How The Credit Market Is Doing in 2018 / Interest-Rates / Financial Markets 2018

By: Dylan_Moran

Saturday, August 25, 2018

Golds Wyckoff Price Road Map / Commodities / Gold and Silver 2018

By: readtheticker

Applying Richard Wyckoff and Richard Ney logic. (A wealth of knowledge on this subject is disclosed via the RTT Plus service found at readtheticker.com)

Question: Is there evidence to suggest a accumulation within gold.

First, we must understand gold is controlled large positions of : futures longs, futures shorts, futures calls buy and sell, futures puts buy and sells. Each of these will be large and must be positioned before a powerful move higher or lower can occur.

1) The sharp sell off during 2013/14/15 allowed the shorts to profit, short covering occurred late 2015/16/17. The short trade from the 2011 high is done! This is good news for bulls as these positions are mostly cleared.

Saturday, August 25, 2018

Financial Markets Status: Precious Metals, Commodities, US & Global Stocks / Stock-Markets / Financial Markets 2018

By: Gary_Tanashian

A general review of the current status across different asset markets. This is not comprehensive, forward-looking analysis as per NFTRH, but it is an up to the minute summary (as of Friday afternoon).

Precious Metals

Gold, silver and gold stock indexes/ETFs made what I had thought were bear flags yesterday, but today’s reversal painted them as short-term bounce patterns (‘W’ with a higher low in the miners and silver).

This chart of gold (courtesy of Barchart.com) shows a flag breakdown, whipsaw and new closing high for the short-term move. As we’ve noted for weeks now, the Commitments of Traders (CoT) is in a contrary bullish alignment with large Specs all but wrung out of the market (they were fleeced again; don’t believe hype about their increased shorting being some sort of conspiracy). All in all, not bad for the relic. The bounce lives on.

Saturday, August 25, 2018

Trade War to Continue, Global Debt Default & Higher Interest Rates Unavoidable / Stock-Markets / Financial Markets 2018

By: MoneyMetals

Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason.

Coming up we’ll hear from Michael Pento of Pento Portfolio Strategies and author of the book The Coming Bond Market Collapse: How to Survive the Demise of the U.S. Debt Market. Michael describes two scenarios for the Fed that may BOTH result in a day of reckoning for the U.S. stock market, explains why he sees no end to the trade wars for at least several months, and also tells us what it will take to the get metals moving to the upside again. Don’t miss a jam-packed and terrific interview with Michael Pento, coming up after this week’s market update.

Well, gold and silver markets have been attempting a recovery rally this week, and this morning, they have gotten a little help from a weaker dollar.

The gold market traded above the $1,200 level a couple times this week, and as of this Friday recording, gold prices come in at $1,207 an ounce -- up 1.9% for the week now thanks to a rally this morning. Meanwhile, silver has bounced up and down, but has made no real progress in the past week, trading at $14.87 as of this Friday morning recording, rallying today like gold but flat for the week overall.

Saturday, August 25, 2018

3 Ways to Fund your Startup Business Idea / Companies / SME

By: Dylan_Moran

Friday, August 24, 2018

Gold Junior Stocks Q2 2018 Fundamentals / Commodities / Gold and Silver Stocks 2018

By: Zeal_LLC

The junior gold miners’ stocks have been thrashed in August, plummeting to brutal multi-year lows.  Such carnage naturally left sentiment far more bearish than usual in this forsaken contrarian sector.  But these extremely-battered gold-stock prices certainly aren’t justified fundamentally.  Junior gold miners’ collective results from their just-completed Q2’18 earnings season prove their stock prices need to mean revert way higher.

Four times a year publicly-traded companies release treasure troves of valuable information in the form of quarterly reports.  Companies trading in the States are required to file 10-Qs with the US Securities and Exchange Commission by 45 calendar days after quarter-ends.  Canadian companies have similar requirements.  In other countries with half-year reporting, many companies still partially report quarterly.

Friday, August 24, 2018

EUR/USD Facing Hurdles / Currencies / Euro

By: FXOpen

The daily chart of EUR/USD indicates that the pair moved into a bearish zone below 1.1600.

Key Points

• The Euro tumbled heavily this month before buyers appeared near 1.1300 against the US Dollar.
• There is an important bearish trend line formed with resistance at 1.1635 on the daily chart of EUR/USD.

Friday, August 24, 2018

US Dollar Rumbling Below the Surface / Currencies / US Dollar

By: Mike_Paulenoff

Today is all about Fed Chair Powell's Jackson Hole Speech at 10 am Eastern, but from a market perspective, we might want to keep a close watch on the reaction of the USD to what Powell says or does not say.

Why? Yesterday's strength in the Dollar has reversed overnight into this morning's pre-market session.

In a post to members at 15:30 yesterday, I posited the following about the USD: "The $64,000 question about Gold and the Gold Miners depends on the direction of the USD: Was the recent decline in DXY the start of a period of weakness or a completed correction?"

Friday, August 24, 2018

S&P and NASDAQ are Up 5 Consecutive Months. Russell is up 6 Months. What’s Next / Stock-Markets / Stock Markets 2018

By: Troy_Bombardia

With a little more than 1 week left in August, it looks like the S&P 500, NASDAQ, and Russell 2000 will all close higher this month vs. the previous month. In other words, unless the stock market makes a downwards reversal next week, the S&P and NASDAQ will be up 5 months in a row while the Russell will be up 6 months in a row.

Friday, August 24, 2018

A Saudi-Iran Oil War Could Break Up OPEC / Commodities / Crude Oil

By: OilPrice_Com

When OPEC and Russia shook on increasing crude oil production by a million barrels daily to stop the oil price climb that had begun getting uncomfortable for consumers from Asia to the United States, there was no sign of what was to come just two months later: slowing demand in Asia, ample supply, and a brewing price war between Saudi Arabia and Iran.

Friday, August 24, 2018

Combining Andrews and Elliott Wave to find the Third Wave / Stock-Markets / Stock Markets 2018

By: Ron_Jaenisch

Over the years the question of whether the Andrews lines and rules can be used in conjunction with Elliott wave to locate the popular third wave has come up several times. Third waves are popular with Elliott wavers because they often result in long and strong moves. In this article you will see that it is possible and that using the earlier - 1970 era Andrews rules (verses the stuff on the web) makes it much easier. We will examine the two stock trades that were written about, before the orders were placed, in the Andrews Email group this year.

The last trade was TYL.  The step by step procedure was pretty easy. First the top was verified with the New Major Andrews Pivot Indicator (MAPI).

Friday, August 24, 2018

Stock Market Just Below New Record Highs, Which Direction Next? / Stock-Markets / Stock Markets 2018

By: Paul_Rejczak

Wednesday's trading session was pretty uneventful, as stocks fluctuated following Tuesday's advance. The S&P 500 index remains close to its Tuesday's new record high of 2.,873.23. But will it continue higher? Or is this a topping pattern before downward reversal?

The U.S. stock market indexes were mixed between -0.3% and +0.4% on Wednesday, as investors took some short-term profits off the table following the recent advance. The S&P 500 index reached the new record high at the level of 2,873.23 on Tuesday, as it broke slightly above its January's 26th high of 2,872.87. The Dow Jones Industrial Average lost 0.3% and the technology Nasdaq Composite gained 0.4% yesterday.

Friday, August 24, 2018

Things You Should Know About the Last Year of this Stocks Bull Market / Stock-Markets / Stock Markets 2018

By: Troy_Bombardia

Now that the S&P 500 has made a new all-time high, we can put the January-February 2018 “small correction” behind us and focus on what lies ahead.

For starters, the S&P 500’s forward returns are pretty bullish (see study).

Friday, August 24, 2018

EUR/GBP Remains in Uptrend / Currencies / Euro

By: FXOpen

The daily chart of EUR/GBP remains in an uptrend above the 0.8940 support.

Key Points

• EUR/GBP is following a significant uptrend above the 0.8900 swing low.
• There are two bullish trend lines in place with supports near 0.8940 and 0.8880 on the daily chart.

Friday, August 24, 2018

Mattress Guides to Help You Choose Your Next Mattress / Personal_Finance / Shopping

By: Dylan_Moran

It seems like you can’t watch something on TV, or even visit the mall, without someone trying to sell you a mattress. There are so many choices out there; you could hardly be blamed for being overwhelmed; especially if you have a health condition to consider. Here are some tips to help you choose the right mattress for you.

Thursday, August 23, 2018

Fiat Currency Inflation, And Collapse Insurance / Currencies / Fiat Currency

By: Raymond_Matison

FIAT CURRENCY INFLATION,  AND COLLAPSE  INSURANCE

Insurance against fiat currency

Billions of people covering a vast land mass around the globe do not have insurance of any sort.  Why?  It is because they own few assets.  No house, no car, just a hovel with no electricity or water at the foothills of some nondescript mountain.  By contrast, those who live in advanced economies have assets worthwhile protecting against loss.  Thus, we in America have homeowners insurance to protect against the loss of our dwelling, auto insurance to protect against the involuntary conversion of our movement conveyance into scrap metal, and to protect our financial assets against a lawsuit which could strip us of our savings and investment assets in the face of our fault in an automobile accident.  Further, we protect our family’s income and savings by purchasing life or disability insurance.  We buy insurance because we do have assets, and believe it worthwhile to protect those assets against unforeseeable loss, when the cost of that insurance is affordable.

Why is it then, that we do not protect our assets against the major foreseeable and persistent source of asset loss – that of loss in the value of our currency.  Should we not have protection against inflation and the resulting loss of value or purchasing power in our fiat currency represented in our pension funds, stock or bond funds, or savings and money market account assets?  We know and acknowledge that inflation robs us of our savings each and every year.  Since 1971, even using the contrived statistics used in calculating the Consumers Price Index, the value of a 1971 collar is just worth $0.16 today.  That is a very significant loss in value over a relatively short period of time.