Thursday, June 01, 2017
Bitcoin is in Consolidation of Uptrend / Currencies / Bitcoin
By: Franco_Shao
After hitting a new record of 2737, BTCUSD dropped sharply to as low as 1737. However, the fall would possibly be consolidation of the uptrend from 905. There is an ascending trend line from the March 25 low of 905 with support at around 1600 on its daily chart. As long as the pair is above the trend line, the price action from 2737 could be treated as consolidation of the uptrend and another rise could be expected after the consolidation.
Thursday, June 01, 2017
Kenadyr's Kyrgyz Region Gold Drilling Improves on Historic Results / Commodities / Gold and Silver Stocks 2017
By: WallStreetNation
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Thursday, June 01, 2017
[TRADE ALERT] Write This Gold Stock Ticker Down Now / Commodities / Gold and Silver 2017
By: WallStreetNation
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Thursday, June 01, 2017
YouGov Shock Polls, Could Theresa May Lose, Labour Win Election 2017? / ElectionOracle / UK General Election
By: Nadeem_Walayat
It appears YouGov has decided to corner the UK election shock polls market by virtue of starting to publicise shock polls on a near daily basis that are successfully sending the mainstream media into a feeding frenzy as the seats forecasts are resulting in perceived tightening of the election race.
Wednesday, May 31, 2017
Theresa May's Political Spectrum Impact on the UK General Election 2017 / ElectionOracle / UK General Election
By: Nadeem_Walayat
For at least the past 30 years, Leaders and parties that most closely appeal to the centre ground tend to win UK general elections. Which is why Labour repeatedly lost election after election during the 1980's and most of the 1990's because whilst Margaret Thatcher was to the right of the political spectrum, Labour was far further to the left and it would take a long hard battle fought by first Neil Kinnock and then John Smith who paved the way for Tony Blair to firmly occupy the centre ground for the next 13 years, even delivering Tony Blair several landslide election victories that Theresa May hopes to replicate.
Wednesday, May 31, 2017
Walkers Pay Packet Spending £100 on 440 Crisps to Win £28k / Personal_Finance / Freebies and Comps
By: Anika_Walayat
Walkers win a pay packet £5 to £28,000 promotion has many crisp addicts stocking up on mountains of crisp packets in the hopes of winning. So as the second month of the promotion draws to the close what can shoppers expect to have won after spending £100 on about 440 packets of crisps in 73 multi packs.
Find out in our latest video if whether ordinary shoppers have any real chance of winning even £5 let alone one of the the golden £28k prizes, as an example of what to expect after spending £100.
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Wednesday, May 31, 2017
Promising Start to Stock Market Decline... / Stock-Markets / Stock Market 2017
By: Anthony_Cherniawski
This morning’s decline appears to be a promising start, but we would need a decline beneath the Wave [iv] low at 2397.99 to have any confidence that the decline is for real. Otherwise it may be subject to whipsaw and a possible new high.
Wednesday, May 31, 2017
Beginners Guide to CFD Trading / InvestorEducation / Learn to Trade
By: Submissions
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Wednesday, May 31, 2017
YouGov Shock Hung Parliament Poll, Labour Could Win General Election 2017! / ElectionOracle / UK General Election
By: Nadeem_Walayat
The media has gone into a frenzy over YouGov's latest poll and resulting seats forecast that creates an illusion of a tight election race when in probable reality no such tight race exists. So the mainstream media has been busy all day reporting on YouGov's headline grabbing shock poll of the Tories losing 20 seats on their current standing by falling to 310, whilst Labour adding about 30 rising to 257 seats resulting in a Hung Parliament. Implying a nightmare election scenario of a weak Labour government controlled by the SNP that like vampires would seek to bleed the United Kingdom dry of its financial blood which has already had an immediate effect on the markets by sending sterling temporarily lower with the real world impact as holiday markers now get less foreign currency for their sterling.
Wednesday, May 31, 2017
Will there be Another New Stock Market High? / Stock-Markets / Stock Market 2017
By: Anthony_Cherniawski
Good Morning!
This morning’s SPX futures are higher, suggesting at least a challenge of the 2418.71 high if not a new high. The decline from Thursday’s high does not appear impulsive, so the chances are better than even for another attempted high. Right now the best estimate for a new high would be the Cycle Top at 2421.48…just in time for the quarter-end.
ZeroHedge reports, “t has been another quiet session for global equity markets, with S&P futures flat, as are European and Asian stocks, which is perhaps odd, as there was quite a bit of newsflow and, in the case of China, outright fireworks.
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Wednesday, May 31, 2017
Silver Elliottwave Followup: Looking for 16.90 / Commodities / Gold and Silver 2017
By: Submissions
Hoag Trading : Talking Point:
Technical Strategy: Turning Bearish
Elliottwave View: Progressing reversal.
Wednesday, May 31, 2017
USDCNH Remains in Downtrend from 6.9171 / Currencies / Forex Trading
By: Franco_Shao
After breaking below the triangle pattern on its daily chart, USDCNH dropped sharply to as low as 6.8010. Now the pair stays in a descending price channel on its 4-hour chart, indicating that the pair remains in the downtrend from the May 9 high of 6.9171. As long as the pair is in the channel, the price action from 6.8010 could be treated as consolidation of the downtrend.
Wednesday, May 31, 2017
The New Stocks Bull Market of 2017! / Stock-Markets / Stocks Bull Market
By: Chris_Vermeulen
I cannot stress strongly enough the importance of understanding where the markets are currently technically located, with regards to different time frames and which help to guide all my trading and investing decisions.
The longer that the SPX is inside a ‘consolidation pattern’ and going sideways, the bigger the ‘Break Out’. There is a very strong bullish posture on all time frames within the markets. A unique ‘Sentiment Indicator’ has now been reset from being overbought to oversold, therefore, there is huge potential to the upside. Momentum has been reset! In my market article review, from last February 28th, 2017, I discussed that the “Stealth ‘Bull Market’ In Stocks Is Still In Progress!”.
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Wednesday, May 31, 2017
Tory Election Landslide, Labour Decapitation Bloodbath / ElectionOracle / UK General Election
By: Nadeem_Walayat
If the opinion pollsters are to be believed and the Labours worst nightmare comes true with Theresa May winning the election on an vastly increased majority, on a total of over 400 seats. A bloodbath for Labour losing as many as 60 seats, falling from 229 to under 170 resulting in the decapitation of the Labour party, losing many of Labours front benchers and rising stars, leaving behind mostly old dinosaurs who have long passed their electoral hay day.
Wednesday, May 31, 2017
China’s Belt and Road to Nowhere / Politics / China
By: Michael_Pento
Moody’s Investors Service downgraded China’s credit rating recently to A1 from Aa3. The rational being that it expects the financial strength of the economy to erode, as GDP growth slows and debt levels continue to pile up. What is Beijing’s response to the slowing economy and intractable debt accumulation that was just underscored by Moody’s: issue a mountain of new debt in order to pave over 60 countries around the globe?
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Wednesday, May 31, 2017
Gold Price Seasonal Low / Commodities / Gold and Silver 2017
By: Ed_Carlson
Gold rallied $14.90/oz. last week closing at 1,267.60. On Friday, gold printed a gravestone doji candlestick (bearish). Seasonality is bearish in June. The June/July period has a strong tendency to mark a low. In addition, a 40-wk cycle low is due in July. Despite a whipsaw in Nov-Jan, the 34mo moving average is a good indicator of trend. Currently, gold is above the moving average keeping the long-term trend bullish.
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Wednesday, May 31, 2017
YouGov Shock Fake Poll Shows Conservatives Losing Election, Hung Parliament / ElectionOracle / UK General Election
By: Nadeem_Walayat
YouGov appears determined to garner the most publicity by continuing to publish what in my opinion are FAKE POLLS that will never reflect reality, only purpose being to feed the mainstream media machine eager to create an illusion of a tight election race when no such race exists. And so the Times reports YouGov's headline grabbing shock poll of the Tories losing 20 seats falling to 310 whilst labour adding about 30 rising to 257 resulting in a Hung Parliament, a nightmare scenario of a weak Labour government controlled by the SNP that like vampires would seek to bleed the United Kingdom dry of its financial blood.
Tuesday, May 30, 2017
Bitcoin Price Sees Most Important Action in Years / Currencies / Bitcoin
By: Mike_McAra
Bitcoin is right after a period of pullback from the recent all-time high. Is this move only a temporary correction or a beginning of a more sustainable move down? In an article on CNBC, we read:
Nearly $4 billion has been wiped off of the value of bitcoin in the past four days after a correction that has seen the cryptocurrency's price fall almost 19 percent from its recent record high.
On May 24, bitcoin hit an all-time high of $2.791.69. But on Monday, the digital currency was trading at an intra-day high of $2,267.73, marking a more than $520 drop or 18.7 percent decline since the record high, according to data from CoinDesk.
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Tuesday, May 30, 2017
Preparing for THE Bottom: Part 1 - Gold / Commodities / Gold and Silver 2017
By: P_Radomski_CFA
If we look at gold from the long-term perspective, it’s clear that it hasn’t really done much in the recent months – it’s trading in the $1,200 - $1,250 range, which is where it was in the first half of 2016, first half of 2015, for most of 2014 and in the second half of 2013. Overall, despite short-term and medium-term price swings, not much has happened in the past few years.
Tuesday, May 30, 2017
Why Sharia Gold and Bitcoin Point to a Change in Views / Commodities / Gold and Silver 2017
By: GoldCore
- New gold-backed currency OneGram launched
- Backed by one-gram of gold, uses blockchain technology
- OneGram is first in wave of new Shariah, tech-savvy gold products
- 2017 sees big changes for gold thanks to Shariah gold and blockchain
- Gold investors should prepare for tightening in supply
- Bitcoin and shariah gold demand suggest change in retail investor thinking