Saturday, December 24, 2016

Christmas Eve Online Sales 2016, Boxing Day High Street Sales Full List / Personal_Finance / Shopping

By: Nadeem_Walayat

Britain's Christmas high street sales frenzy is about to reach maximum intensity on Boxing day whilst most major retailers such as Next and PC World / Curry's will start their sales online on Christmas Eve so as to maximise profits from the the army of point and click armchair shoppers. Here is a comprehensive list of sales starting today, Christmas Eve and continuing into the high streets on Boxing day as well as those already well underway.

Saturday, December 24, 2016

Donald’s Trump Card Facism 101 / Politics / US Presidential Election 2016

By: Richard_Mills

How did Donald Trump get elected? Can we pigeon hole Trump’s ideology?

Very few people expected Donald Trump to win the Republican nomination.

But Trump received more TV coverage than all the other candidates combined on his way to winning the nomination. According to mediaQuant it was the equivalent of $5.2bn worth of free airtime.

Saturday, December 24, 2016

US Dollar Euphoria and Gold / Commodities / Gold and Silver 2016

By: Zeal_LLC

The US dollar has rocketed higher since early November’s US presidential election, rivaling the massive gains seen in the stock markets.  With the world’s reserve currency catapulted to extreme secular highs, dollar euphoria has naturally exploded.  Traders are overwhelmingly betting the dollar’s strong upside will continue.  But this greed-drenched currency looks very toppy and ready to fall, which is very bullish for gold.

Saturday, December 24, 2016

The Italian Banking Crisis: No Free Lunch -- or Is There? / Interest-Rates / Credit Crisis 2016

By: Ellen_Brown

On December 4, 2016, Italian voters rejected a referendum to amend their constitution to give the government more power, and the Italian prime minister resigned. The resulting chaos has pushed Italy's already-troubled banks into bankruptcy. First on the chopping block is the 500 year old Banca Monte dei Paschi di Siena SpA (BMP), the oldest surviving bank in the world and the third largest bank in Italy. The concern is that its loss could trigger the collapse of other banks and even of the eurozone itself.

Saturday, December 24, 2016

A Broken US Bond Market Bounce Beckons! / Interest-Rates / US Bonds

By: Gordon_T_Long

Historical Correlations Give Us a Clue to What May Be Ahead!

A Falling Global Market Cap Trend Channel

The old adage that the "Trend is Your Friend" has proven to be the one that separates the winners from the losers. The key however is whether you recognize the right trend!

We are being possibly lulled into a false perception and belief of how good things appear if we solely look at the US equity rally. Yes it is temporarily rising but the 600# Gorilla is the Global Bond market and major problems are still lurking.

Saturday, December 24, 2016

Feds Interest Rate Hikes Stance Equates to Nonsense and Masses are Turning Bullish on Stocks / Stock-Markets / Stock Markets 2016

By: Sol_Palha

"Beware of all enterprises that require a new set of clothes." ~ Henry David Thoreau

Remember over a year ago when they first raised hikes-they huffed and puffed warning everyone that they would raise rates several times in 2016 and viola nothing happened until now. Now they are repeating the same thing all over again. To illustrate how bad this economy take into consideration that the Fed has raised rates only twice in the last decade; the economy was a lot stronger in 2006 and 2007 than it is today. Yellen's statement below illustrates how the Fed is positioning itself so that it can pull another "oops we were wrong once again" moment.

Saturday, December 24, 2016

Harry Dent - I’m NOT a Bull! / Stock-Markets / Stock Markets 2016

By: Harry_Dent

On December 13, Denzel Washington hit the nail on the head when he said:

If you don’t read the newspaper, you’re uninformed.

If you DO read the paper, you’re misinformed…

We live in a society now where it’s just “get it out first!”

We don’t care who it hurts.

We don’t care who we destroy.

We don’t care if it’s true.

Just say it!

Sell it.

Saturday, December 24, 2016

Deutsche Bank Settlement: Seasonal Intraday Charts Provide Evidence for Gold Market Manipulation / Commodities / Gold and Silver 2016

By: Dimitri_Speck

Deutsche Bank trader: "u just said u sold on fix."
Answer UBS trader: "yeah, we smashed it good."

Deutsche Bank is a defendant in more than 7,000 lawsuits worldwide. In two of them it has recently agreed to settlements and is prepared to pay tens of millions of US dollars in restitution and fines. This includes the settling of lawsuits over gold and silver price manipulation. Associated court proceedings against other financial institutions are still underway.

Saturday, December 24, 2016

Bitcoin Breaks Out To New All-Time Market Cap Highs…How High Can It Go? / Currencies / Bitcoin

By: Jeff_Berwick

Bitcoin has had quite a month, rising from $725 to a high of $911 today.

Friday, December 23, 2016

Chinese Yuan: "Manipulated" Does NOT Mean "Unpredictable" / Currencies / China Currency Yuan

By: EWI

"...markets are bigger than governments."

This year's U.S. presidential election brought into focus one market you don't hear about often: the Chinese yuan, or renminbi.

"Donald Trump has been telling us all for a long time now that China is a currency manipulator. It's part of his plan for his first 100 days in office to get on with making sure that China is legally declared to be such a currency manipulator and thus start the process of doing something about it.

"The problem with this is that China really is a currency manipulator. But they're manipulating the value of the yuan up, not down. Thus returning it to the correct free market value isn't going to have the desired effect of closing America's trade deficit with China." (Forbes, Nov. 13.)

Friday, December 23, 2016

Stock Market Something Wicked This Way Comes, Crash? / Stock-Markets / Stock Market Crash

By: James_Quinn

I stopped trying to predict markets back in 2008 when the Federal Reserve, Treasury Department, Wall Street bankers, and their propaganda peddling media mouthpieces colluded to rig the markets to benefit the elite establishment players while screwing average Americans. I haven’t owned any stocks to speak of since 2006. I missed the the final blow-off, the 50% crash, and the subsequent engineered new bubble. But that doesn’t stop me from assessing our true economic situation, market valuations, and historical comparisons in order to prove the irrationality and idiocy of the current narrative.

Friday, December 23, 2016

Bush Trumps Reagan Stock Market / Stock-Markets / Stock Markets 2016

By: Peter_Schiff

The optimism that has followed the election of Donald Trump has pushed the Dow Jones Industrial Average to the threshold of 20,000, a level that will be both a nominal record and a symbolic milestone. Although this is not the way most observers had predicted that 2016 would play out, most on Wall Street have become extremely reluctant to look a gift horse in the mouth...or to even look at him at all. The impulse is to jump on and ride, and only ask questions if it pulls up lame. But if this year has proven one thing, it is that predictions made by the consensus should not be trusted.

Thursday, December 22, 2016

U.S. Shale Oil Cash Flow Is Now Neutral / Commodities / Shale Oil and Gas

By: OilPrice_Com

Oil prices are probably already high enough to spark a rebound in shale production.

The IEA says that in the third quarter of 2016, the U.S. shale industry became cash flow neutral for the first time ever. That isn’t a typo. For years, the drilling boom was done with a lot of debt, and the revenues earned from steadily higher levels of output were not enough to cover the cost of drilling, even when oil prices traded above $100 per barrel in the go-go drilling days between 2011 and 2014. Even when U.S. oil production hit a peak at 9.7 million barrels per day in the second quarter of 2015, the industry did not break even. Indeed, shale companies were coming off of one of their worst quarters in terms of cash flow in recent history.

Thursday, December 22, 2016

Stock Market More Fluctuations Along Record Highs, Which Direction Is Next? / Stock-Markets / Stock Markets 2016

By: Paul_Rejczak

Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,330, and profit target at 2,150, S&P 500 index).

Our intraday outlook remains 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, December 22, 2016

Social Trading – Different types and Styles / Interest-Rates / Learn to Trade

By: Submissions

Thursday, December 22, 2016

Dow 20k Mission Accomplished, Stocks Bull Market Delights Could Have Violent Bear Market Ends / Stock-Markets / Stock Market 2017

By: Nadeem_Walayat

Today (21st December) the Dow again traded within a whisker of the mega stocks bull market milestone of 20,000 by hitting a high of 19,987 before retreating to close at 19,942, up 15% on the year and 9% since Trumps election win, and I just cannot wait any longer for those extra 13 points to materialise before publishing this analysis.

Thursday, December 22, 2016

Considerable Down Day for Wall Street / Stock-Markets / Stock Markets 2016

By: Harry_Boxer

The stock market indices had a mixed session and a down day, starting out a little bit positive, but then came down and consolidated all day. In the last hour, they rolled over and closed at the session lows for the S&P 500, but way above the lows on the Nasdaq 100.

Net on the day, the Dow was down 32.66 at 19,941.96, 14 points from its new all-time high at 20,000. The intraday high was 19,986, right at the prior intraday high. The S&P 500 was down 5.58 at 2265.18, right at the low for the day, and 6 points off the high. The Nasdaq 100 was down 4.90 at 4948.90, 10 points off its low.

Thursday, December 22, 2016

Trump Protectionism, Trade Chief Peter Navarro – and The Quest To Demonize China / Economics / Protectionism

By: Dan_Steinbock

While most Americans view China as friendly though not as an ally, those who favor demonizing China seek to change both perceptions and realities. Starting in January, these trade protectionists will lead US policies in the White House.

Recently, President-elect Trump chose Harvard-trained economist Peter Navarro to head the newly-created National Trade Council (NTC) in the White House to oversee industrial policy. Targeting the trade deficit is expected to pave way to Trump’s “First America” trade protectionism.

Wednesday, December 21, 2016

Amazon UK Chaotic Delivery Tracking System, Customers Should Expect Early Deliveries / ConsumerWatch / Amazon

By: Nadeem_Walayat

Like many online buyers, I too regularly use amazon to shop for large and small items, nothing beats the convenience of arm chair shopping at any time of the day, that and added buyer protections offered that one is more likely to get what one is actually ordering against Ebay purchases that are more than likely to disappoint.

However, as many if not most regular amazon buyers are likely already aware of that there is a huge flaw in amazons shopping experience and that is in the reliability of their delivery tracking system which just does not WORK! For as long as at least for a year, Amazon routinely fails to deliver in line with that which it's delivery tracking service states to expect delivery on which tends to result in failed deliveries and further delays and customer frustration.

Wednesday, December 21, 2016

Stock Market Bulls, Stock Market Fools - Market Crash Next or Just an Illusion / Stock-Markets / Stock Markets 2016

By: Sol_Palha

"A learned blockhead is a greater blockhead than an ignorant one." ~ Benjamin Franklin

Since the markets bottomed in 2009, one naysayer after another has penned many an obituary for this market. Alas, all those obituaries were based on fantasy and false perceptions; the bull is alive and kicking while many of those experts are either bankrupt or have bankrupted their clients several times over. We repeatedly stated over the years that the era of low interest fostered an environment that favoured speculation over hard work. This is why so may companies have opted to be boosts EPS via share buyback programs. Why work, when through the magic of accounting you can create the impression of growth when there is none. All is well, and when it ends, only the workers and the masses will lose for the corporate wenches will walk away with bloated accounts.