Friday, January 13, 2017
Stock Market Unlucky Friday the 13th? / Stock-Markets / Stock Markets 2016
The stock market is nearing the ten week cycle low from November 4th, 2016. The daily Bollinger bands are tightly squeezed together suggesting a break-out one way or the other (an expansion of volatility). The SPX broke the uptrend line today only to close back above the line. Normally, this is a sign of strength, but the OBV did not confirm the recent highs suggesting the smart money has already moved away from the market. I would call this a sign of weakness.
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Friday, January 13, 2017
Biggest Challenge of 2017 Directly Ahead for Gold, Stocks / Stock-Markets / Financial Markets 2017
If you thought the pace of the head-spinning political events of the last two months couldn't get any faster, think again. One of the most critical decisions of President-Elect Trump's reign will soon be decided. The final verdict will have a direct impact on the direction of stocks, gold, and the economy in the months to come.
The decision in question is the Congressional challenge being made against the Affordable Care Act (ACA), also known as Obamacare. Specifically, the requirement that individual Americans carry health insurance or else pay a stiff financial penalty is being challenged. Earlier this week, Trump directed the Republican-led Congress to begin efforts at repealing and replacing the health care law "very quickly."
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Friday, January 13, 2017
Trump CIA Like Nazi Germany - Fake MI6 Intelligence leaked to Fake News Mainstream Media / Politics / Intelligence Agencies
President Donald Trump at his first press conference let rip into the mainstream press (CNN in particular) as he reacted to the CIA secret police's leaking of another MI6 dodgy dossier to the mainstream press, calling it all 'Fake News', fake intelligence by something that could have come out of Nazi Germany. Yes that's right the President Elect of the United States effectively likened the CIA to being like something out of Nazi Germany, pumping out propaganda in only the agencies own self interests which has been the reality for the duration of the spy agencies existence, it's just that to date not even a senior US politician let alone the President himself has ever spoken so candidly of the true nature of the beast that has held an iron grip over the United States, that has subverted democracy for decades by means of time tested tools for destroying lives of anyone who got in the unelected agencies way.
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Thursday, January 12, 2017
SPX has Fallen Beneath the Trendline / Stock-Markets / Stock Market 2017
SPX has declined beneath the trendline, putting it on an “aggressive sell.” A confirmed sell may be had beneath the 2-hour mid-Cycle support at 2247.13 and a breakout above the 50-day Moving Average on the VIX.
ZeroHedge comments, “Despite the latest Small Business Optimism explosion of confidence (in December), the most up-to-date surveys of US consumer confidence appear to be crumbling after the 'Trump Bump'...
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Thursday, January 12, 2017
Massive VIX Stock Market Warning for all Traders / Stock-Markets / Stock Markets 2016
My analysis of the recent VIX action is clearly warning of a potentially massive price volatility increase in the US and global markets. Many traders use and trade the VIX as a measurement of volatility. The VIX is a measurement of the expected market volatility over the next 30 days. As the VIX rises, traders expect larger and more volatile price swings. As the VIX declines, traders expect smaller and more narrow price swings.
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Thursday, January 12, 2017
USD in Decline. SPX and TNX May Follow / Stock-Markets / Stock Market 2017
The USD is in decline, challenging its 50-day Moving Average at 10.99 by declining to 100.70 this morning. The USD has a high correlation to equities and an inverse correlation to treasuries and gold.
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Thursday, January 12, 2017
Gold Rallies To $1,207 After Trump Press Conference Shambles / Commodities / Gold and Silver 2017
Gold has rallied to $1,207/oz today as stocks globally have weakened after the first press conference of incoming President Trump turned into a bit of a debacle.
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Thursday, January 12, 2017
Crude Oil Prices Running Out Of Reasons To Rally / Commodities / Crude Oil
Oil prices faltered at the start of the second week of the year, as fears set in about a rapid rebound in U.S. shale production. For the better part of two months, optimism surrounding the OPEC deal has buoyed oil prices, but bullish sentiment from speculators are showing early signs of abating, raising the possibility that the oil rally is running out of steam.
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Thursday, January 12, 2017
CIA War On Trump - Leaks Fake MI6 Intelligence to Fake News Broadcast Media / Politics / Intelligence Agencies
President Donald Trump at his first press conference let rip into the mainstream press (CNN in particular) as he reacted to the CIA's leaking of another MI6 dodgy dossier to the mainstream press, calling it all 'Fake News', fake intelligence by something that could have come out of Nazi Germany. Yes that's right the President Elect of the United States effectively likened the CIA to being like something out of Nazi Germany, pumping out propaganda in only the agencies own self interests which has been the reality for the duration of the spy agencies existence, it's just that to date not even a senior US politician let alone the President himself has ever spoken so candidly of the true nature of the beast that has held an iron grip over the United States, that has subverted democracy for decades by means of time tested tools for destroying lives of anyone who got in the unelected agencies way.
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Thursday, January 12, 2017
Obama’s Deplorable Last Hurrah / Politics / US Politics
On Tuesday evening, Obama delivered his self-styled farewell address - as demagogic and duplicitous as all his others.
A separate article discussed what he left unexplained - the enormous harm he inflicted on humanity at home and abroad throughout his tenure.
His farewell address included a recitation of democratic rights he abhors - “among them life, liberty, and the pursuit of happiness,” freedoms he spent eight years destroying at home and abroad.
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Thursday, January 12, 2017
Stock Market Drops After Trumps Biotech Pricing Comments, Impressive Come Back / Stock-Markets / Stock Market 2017
The stock market had a very volatile day today as the indices went up in the morning, down in the afternoon on news that Trump is going to make the biotech companies accountable for pricing, rallied back up, came back down to retest, held, and then put on a very impressive afternoon rally that took the indices back into the plus column, to close up on the day.
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Thursday, January 12, 2017
How Debt Differs in China, the US and Japan / Interest-Rates / China Debt Crisis
Unlike advanced economies, China remains better positioned to overcome its debt challenges, due to the nature of is debt, level of development and economic fundamentals. Change is coming – but after fall.In recent months, China has managed to stabilize growth. Nevertheless, stabilization has required capital controls, continued lending and repeated interventions. Due to efforts to stabilize the renminbi, for instance, China’s foreign-exchange reserves fell to $3 trillion last month; the lowest since spring 2011.
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Wednesday, January 11, 2017
2017: Year of Market and Economic Extremes / Stock-Markets / Financial Markets 2017
Now that another New Year is upon us, it's time to reflect on what the coming months might unfold. Normally when market analysts try their hand at predicting the year ahead it involves either wild guessing or linear extrapolation based on prevailing trends. I tend to eschew both methods and instead focus on comparing past events in comparable time frames. This method is based on something known as Kress cycle "echo" analysis and was pioneered by my late mentor, Samuel J. Kress.
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Wednesday, January 11, 2017
Registered Address.co.uk London Business Registered Office Address Mail Forwarding Review / ConsumerWatch / SME
Registered address.co.uk is just one of many similar services that offer UK companies the use of business addresses for business correspondence purposes not just in some of Britain's prime locations such as central London but some even offer addresses across the worlds major cities, thus allowing companies to gain a postal address footprint worldwide.
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Wednesday, January 11, 2017
13 Contrarian Economic Predictions For 2017 / Politics / Financial Markets 2017
BY JARED DILLIAN : Everyone likes to compile lists of predictions for the new year.
I don’t.
Did you ever notice that when you look at all the failed predictions in any given December, what ended up happening was the opposite of what everyone predicted?
Given that most predictions end up being wrong, why not just take a look at what passes for conventional wisdom and do the opposite?
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Wednesday, January 11, 2017
Italy, Germany, and the EU Are on the Brink of a Conflict / Politics / European Union
BY CHEYENNE LIGON AND ALLISON FEDIRKA : As a new year begins, we look at a key forecast that will bridge 2016 and 2017: the Italian banking crisis. In Geopolitical Futures’ 2016 forecast, we said that the focal point of Europe’s financial crisis would shift from Greece to the Italian banking system. For 2017, we forecast that the evolution of this crisis will eventually force a confrontation between Italy, Germany, and the European Union. Here, we establish a starting point for the looming Italian banking crisis in 2017, which will unfold over many months and have a range of consequences.
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Wednesday, January 11, 2017
10 Potential Black Swans and Opportunities for the US Economy in 2017 / Economics / US Economy
We’ve reached that wonderful time of year when financial pundits pull out their forecaster hats and take a crack at the future. This time the exercise is particularly interesting because we’re at several turning points. Any one of them could remake the entire year overnight.
I should probably say up front that I am actually somewhat optimistic about 2017—optimistic, meaning I think we will Muddle Through—but that’s a lot better outcome than I was expecting five months ago. However, midcourse corrections may be warranted.
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Wednesday, January 11, 2017
Gold Is Cheap Insurance No Matter What the Fed Will Do / Commodities / Gold and Silver 2017
By Olivier Garret : Gold prices have dropped from $1,340 an ounce in September to around $1,130 as of this writing. The cause is the strengthening USD and the recent rally in the US stock market that followed Trump’s surprise victory.
Plus, most people now expect at least a few rate hikes by the Fed. Gold rarely fares well in a rising real rates environment. Many investors wonder if gold has entered a lasting bear market. Or if this is the time to buy while prices are low.
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Wednesday, January 11, 2017
The Recent Up-Trend in Gold Price is Temporary… Overall Trend is Still Down for 2017 / Commodities / Gold and Silver 2017
Twenty-two radio interviews for the new book, 10 of them live.At this point, my voice is tired. So are gold sellers.
Gold peaked at $1,934 in September of 2011 – the last major commodity to peak in the 30-year cycle that first peaked in mid-2008.
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Wednesday, January 11, 2017
Prince Owned Land and Gold Bars Worth $800,000 / Commodities / Gold and Silver 2017
Gold Bars Worth $800,000 Owned By Prince
Prince, RIP, owned gold bars worth just over $800,000 according to the statement filed in a Minnesota court last Friday.
At the time of his death, Prince had taken delivery of and had in his possession 67 gold bars, 10 ounce gold bars, valued at $836,166.70. That’s according to an asset inventory compiled by Bremer Trust released by the Carver County District Court, as first reported by the Minneapolis Star Tribune.
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