Thursday, April 27, 2017
This is the Bottom in The Gold Miners - GDX and GDXJ / Commodities / Gold & Silver Stocks 2017
By: Submissions
Zach writes: This is the bottom in gold mining ETFs GDX and GDXJ. How can I say that so confidently, I hear you ask?
The charts are talking to us...Here goes...
1. We are seeing bottoming tails on the Daily chart of both GDX and GDXJ, which indicates a bottom - in conjunction with other factors.
2. We are into 75% fib levels, which are very reliable levels of support in the case of the gold miners.
Thursday, April 27, 2017
More Stock Market Short-Term Uncertainty As Stocks Get Close To Record High / Stock-Markets / Stock Market 2017
By: Paul_Rejczak
Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,410, and profit target at 2,200, S&P 500 index).
Our intraday outlook is bearish, and our short-term outlook is bearish. Our medium-term outlook remains neutral, following S&P 500 index breakout above last year's all-time high:
Intraday outlook (next 24 hours): bearish
Short-term outlook (next 1-2 weeks): bearish
Medium-term outlook (next 1-3 months): neutral
Long-term outlook (next year): neutral
Thursday, April 27, 2017
Stock Market Expected Pullback After Two Big Upside Days / Stock-Markets / Stock Market 2017
By: Harry_Boxer
The stock market indices churned and were choppy all day, and at the end of the day they sold off after the tax plan was released, but loses were very minor after a couple big days to the upside.
Net on the day, the Dow was down 21.03 at 20,975,09, about 90 points off the high. The S&P 500 was down 1.16 at 2387.45, 11 points off the high. The Nasdaq 100 was down 7.11 at 5541.09, 22 points off the high.
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Thursday, April 27, 2017
Elliott Wave Theory: Is Elliott’s Theory Enough? / InvestorEducation / Elliott Wave Theory
By: ElliottWave-Forecast
By Daud Bhatti : Elliott wave Theory: Is Elliott’s Theory a system in itself?
As many traders know, The Elliott wave Theory is a form of technical analysis that finance traders use to analyze financial market cycles and forecast market trends by identifying extremes in investor psychology, highs and lows in prices, and other collective factors. Elliott’s Theory was developed by Ralph Nelson Elliott and published in 1938 in the book The Wave Principle. The Theory states that collective investor psychology, or crowd psychology, moves between optimism and pessimism in natural sequences. These mood swings create patterns evidenced in the price movements of markets at every degree of trend or time scale.
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Thursday, April 27, 2017
Gold and Silver in a Dangerous World / Commodities / Gold and Silver 2017
By: Submissions
Peter Ginelli writes: Since the inauguration of President Trump, it appears that nearly every morning we wake up to a new major political crisis at home and around the globe. From Syria to North Korea, Russia, Iran, ISIS and beyond, the world has become an increasingly dangerous place to live or invest in.
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Thursday, April 27, 2017
An Even More Bullish Wave Count for GOLD! - Daily-Elliott-wave-analysis / Commodities / Gold and Silver 2017
By: Enda_Glynn
USDJPY
My Bias: LONG
Wave Structure: rally in wave [C]
Long term wave count: wave [C] is underway, upside to above 136.00
Important risk events: JPY: BOJ Outlook Report, BOJ Policy Rate, BOJ Press Conference. Household Spending y/y. USD: Unemployment Claims, Core Durable Goods Orders m/m, Pending Home Sales m/m.
Thursday, April 27, 2017
UK Repossessed Houses: do They Still Represent the Best-valued Properties? / Housing-Market / UK Housing
By: Submissions
Jake Moore writes: “Repossessions typically come to market 30% under their market value. “ - This commonly used statement is absolutely correct, however, doesn’t fairly paint the picture of the risk vs reward.
Let’s start with desert; reward!
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Thursday, April 27, 2017
Are UK Consumers Taking Too Much Debt? / Interest-Rates / UK Debt
By: Nicholas_Kitonyi
The UK lending market has benefited from the reduced lending rates after the interest rate was reduced to an historical low. The UK base interest rate was cut in half in August last year to 0.25% in a bid to stimulate economic growth and it has remained at this level for the last eight months. This affected the UK Prime Lending Rate, which fell to 1.25% from about 1.55% in July and has since remained fixed at this level.Read full article... Read full article...
Wednesday, April 26, 2017
Billionaire Investor Paul Tudor Jones Says Stock Market Valuation Is “Terrifying” And He Is Right / Stock-Markets / Stock Market 2017
By: Jeff_Berwick
We live in a unique time. Never before have the markets gone to such extremes in almost every way imaginable.
Not just the markets either. Nearly everything.
US government debt is just getting ridiculous now. There are really no more words to say how out-of-control and unsustainable it is.
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Wednesday, April 26, 2017
Another Potential US Government Shutdown... Oh My! / Politics / Government Spending
By: MoneyMetals
The U.S. Congress runs up against their self-imposed borrowing limit once again this week. During the last tussle over the borrowing cap in October 2015, Congress agreed to schedule this week's political theater to occur well after last Fall's elections.
They didn't even bother to guess how much additional headroom would be needed. They just suspended the debt limit altogether. Neither Democratic nor Republican leadership wanted voters focused on borrowing and spending when they went to the polls.
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Wednesday, April 26, 2017
The Great BrExit Divides - Britain, USA and France / Politics / BrExit
By: Raul_I_Meijer
Something hit me this week. The maps which came out on Monday and detailed the outcome of the French elections, were telling a story, and a familiar one by now. A story of deep division. There are a number of such maps now depicting the Brexit vote in the UK, the US presidential elections, and its French counterpart.
In all three cases they leave me wondering something along the lines of: ‘Are you guys sure you want to remain in the same country with each other?’ Because to me that is not all that obvious, and I think it’ll get less so as time passes. For instance in the case of France, the ‘ideological’ differences between Macron and Le Pen are substantial to say the least, they’re worlds apart.
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Wednesday, April 26, 2017
The Next “United Airlines” Scandal May Happen In Financial Markets / Stock-Markets / Financial Markets 2017
By: John_Mauldin
BY PATRICK WATSON : United Airlines recently had a rough week, but not as rough as one of its passengers. Dr. David Dao received a concussion, a broken nose, and two broken teeth after airport police forcibly dragged him off the plane he had boarded only a short while earlier.
As you have probably heard by now, the airline needed to get four crew members from Chicago, Illinois to Louisville, Kentucky for a flight the next day and decided to boot four passengers off the plane after nobody volunteered to give up their seat.
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Wednesday, April 26, 2017
The Stock Market Is Overvalued, But It’s Not In A Bubble Yet / Stock-Markets / Stock Market 2017
By: John_Mauldin
BY JARED DILLIAN : If you asked the man on the street, he would probably tell you there are five different bubbles going on right now.
There is some truth to that, but also some untruth to that.
The true part is that a lot of things are currently overvalued. I would say stocks are overvalued. Most people would agree. I would also say bonds are overvalued. Some people would agree. I would say corporate credit is overvalued, real estate in certain parts of the country is overvalued, and maybe a few other things.
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Wednesday, April 26, 2017
10 Facts That Show Our Taxes Are Worse Than You Thought / Personal_Finance / Taxes
By: John_Mauldin
The article I’m highlighting this week will make half of the readers indignant and the other half feel righteously vindicated in their thinking. I have no idea which half you are in. What is so controversial? Who pays taxes and why they should.
The piece was written by Mark J. Perry, whose bio tells us that he’s a scholar at the American Enterprise Institute and a professor of economics and finance at the University of Michigan. So yes, he is a conservative.
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Wednesday, April 26, 2017
This Event Could Lead To A Collapse Of The Euro… And Send Gold Skyrocketing / Commodities / Gold and Silver 2017
By: HAA
Stephen McBride : The first round of the French presidential election takes place this Sunday, April 23… and the future of the European Union depends on the outcome.
Establishment candidate Emanuel Macron leads in the polls, but Marine Le Pen, leader of the far-right Front National is trailing him by only 1%. However, the real story of the past month has been the rise of far-left candidate Jean-Luc Mélenchon.
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Wednesday, April 26, 2017
What Trump’s Next 100 Days Will Look Like / Politics / US Politics
By: STRATFOR
Reva Goujon : U.S. President Donald Trump approaches his 100-day benchmark on Saturday, a media deluge has already begun bemoaning the demise of the liberal order, celebrating waves of deregulation or simply blaming the president's rocky start on the "disaster" he inherited on taking office. Rather than wade into that predictable morass, we prefer to focus instead on what the next 100 days hold in store.
Wednesday, April 26, 2017
G20: SURPASSING THE 2nd GLOBAL STEEL CRISIS / Commodities / Steel Sector
By: Dan_Steinbock
In the 2016 G20 Summit, advanced economies accused China for steel overcapacity. Before the Hamburg Summit, similar charges have surfaced. Yet, the postwar era has witnessed two steel overcapacity crises. The current debate cannot afford to ignore the past lessons.
As the global steel sector is coping with an overcapacity crisis, multinational industry giants are struggling with consolidation and adjustment. Read full article... Read full article...
Wednesday, April 26, 2017
Buying American, Losing America / Politics / US Economy
By: Dan_Steinbock
Recently, President Trump signed his “Buy American, Hire American” executive order. Ironically, while the stated goal is to put “America First,” the White House may actually subsidize old industries and undermine innovation.
Recently, President Trump traveled to Wisconsin to sign the “Buy American, Hire American” executive order, which seeks to crack down on fraud and abuse of the skilled worker (H-1B) visa program.
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Wednesday, April 26, 2017
Real Reason Trump Why Reversed His Stance On NATO, China, and Mexico / Politics / US Politics
By: John_Mauldin
By Allison Fedirka Donald Trump has recently reversed his stance on a number of key foreign policy issues: NATO, Russia, China, and Mexico. From a geopolitical perspective, Trump’s remarks validated that limitations exist in the real world—even for the US president.
These limitations explain why he has backtracked on some of his key campaign promises.
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Tuesday, April 25, 2017
What A War With North Korea Would Look Like / Politics / North Korea
By: John_Mauldin
BY GEORGE FRIEDMAN : The possibility of war between the Democratic People’s Republic of Korea and the United States has recently increased. It is necessary to consider what such a war might look like.
I use the term war rather than merely American attacks on North Korean nuclear and missile program facilities. We have to consider the possibility of North Korea’s response and a more extended conflict.
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