Thursday, November 17, 2016

Stock Market Uncertainty Following Last Week's Advance - Will Stocks Continue Higher? / Stock-Markets / Stock Markets 2016

By: Paul_Rejczak

Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,240, and profit target at 2,060, 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, November 17, 2016

Consumers should not bury their heads in the sand over debt / Personal_Finance / Debt & Loans

By: Submissions

To coincide with the first ever Financial Capability Week, the Credit Services Association (CSA) has issued some simple guidance around debt, and particularly how to avoid becoming a case of ‘mistaken identity’ and how to resolve the matter should it occur.

·       Keep creditors up-to-date with current contact details: If you move, change phone number, email address, or even change your name, inform all of your creditors, including your Local Authority. Most problems start when a creditor is unable to reach the customer at the last known contact address. This means that vital correspondence might never be received.

Thursday, November 17, 2016

Gold In The Headlines (a different perspective) / Commodities / Gold and Silver 2016

By: Kelsey_Williams

Investors Ditch Gold After Trump’s Win  (Wall Street Journal 14Nov2016)

“Investors piled into gold when polls showed Donald Trump’s chances for victory were improving.  Now that he has won the presidential election, they are selling.”

Thursday, November 17, 2016

Mixed Day for Stock Market Indices / Stock-Markets / Stock Markets 2016

By: Harry_Boxer

The stock market indices had a mixed session today, but the Nasdaq 100 came back strong with the blue chips backing off to close mixed on the day.

The day started out with a pop to the upside in a 5-wave mini advance on Nasdaq 100. The S&P 500 bounced and came down in a falling wedge, so there were two different patterns. Both the Nasdaq 100 and the S&P 500 settled into a consolidation, and at the end of the day tried to rally, but couldn’t get through resistance, and backed off into the close.

Thursday, November 17, 2016

How To Determine The Future Price Of Silver? / Commodities / Gold and Silver 2016

By: InvestingHaven

We very often get the question from readers how to read charts, and how to determine the future price of an asset or stock. Given the interest of many investors in precious metals, and lots of reactions we received on our future price of gold 2017 article, we explain in this article how we determine the future price of silver. Readers who are not interested in this chart analysis tutorial can consult our silver price forecast 2017 for our expected future silver price in 2017.

Thursday, November 17, 2016

Precious Metals Complex Update... / Commodities / Gold and Silver Stocks 2016

By: Rambus_Chartology

The inflection point in many of the different markets still continues to develop. The precious metals complex is approaching a very critical backtest to some important necklines we’ve been following. I added the GDXJ to the combo chart which shows the HUI, GLD, SLV and the GDXJ have all broken down below their respective necklines and are now in the process of backtesting those necklines from below. I can’t emphasize enough how critical this backtest is to the overall health of the impulse move out of the January low this year.

Thursday, November 17, 2016

What Happens When The Banks Aren't Safe? / Stock-Markets / Credit Crisis 2016

By: ....

What Happens When The 
Banks Aren't Safe?

I call it the 'Ice Nine Plan'...

And if I'm right, it could give the financial elite total and absolute control over you and every single penny you own during the next financial crisis.

Thursday, November 17, 2016

Trump & The Financial Markets The Next Four Years / Stock-Markets / Financial Markets 2017

By: Darryl_R_Schoon

President-elect Donald Trump’s White House victory was a surprise, and so is the ripping sell-off in global bond markets, which has quickly driven US interest rates to the highest levels in a year. The rout has wiped out an estimated $1 trillion from global bond markets

CNBC 11/13/2016

The election of Donald Trump has put added pressure upon already pressured markets. The next four months are going to be extremely consequential. But the next four years are going to be even more so, i.e. the cataclysmic resolution of capitalism’s end game is now in sight.

Wednesday, November 16, 2016

Hidden Signs for Gold and Silver / Commodities / Gold and Silver 2016

By: P_Radomski_CFA

Gold, silver and mining stocks moved higher yesterday, even though the USD Index moved higher as well, which had bullish implications. Based on the closing prices and the rally in mining stocks that took place in the second half of yesterday's session, it seems that closing our extra-large short positions and taking profits off the table early in the session was a good idea. However, that's not the only thing that changed in the precious metals market and the area surrounding it – some signs are not as clear, but just as important. Let's take a closer look at the charts for details (charts courtesy of http://stockcharts.com).

Wednesday, November 16, 2016

The Deplorables Have A Message / Politics / Social Issues

By: Barry_M_Ferguson

European Commission president Jean-Claude Junger just made a speech in which he said the following about President Elect Trump: “We will need to teach the president-elect what Europe is and how it works…”

What an arrogant, condescending, pretentious, pompous, ninny. Seems that Mr. Junger needs to learn about the real america and it ain’t the sissy-pants, college campus, socialists he has been talking to. Allow me the opportunity to help out Mr. Junger to better his understanding of the Trump phenomena.

Wednesday, November 16, 2016

What Does a Trump Presidency Imply for The Credit Market? / Stock-Markets / Financial Markets 2016

By: Nicholas_Kitonyi

The US just voted Donald Trump to become the next president in the process shocking the world after going against all odds. Many people, including the media, polls, analysts and statisticians had predicted that Hillary Clinton would win the election, but in the college electoral vote she was resoundingly beaten by Trump.

Wednesday, November 16, 2016

How Obamacare Could Have Saved the Economy / Economics / Healthcare Sector

By: John_Mauldin

BY PATRICK WATSON : Some people say Obamacare was designed to fail, a clever attempt to pull us toward socialized healthcare.

I don’t know if that’s true. But it’s a fact that Obamacare is failing.

The so-called reform never worked very well because it didn’t reduce the underlying cost pressures. Now it’s falling apart. 

Wednesday, November 16, 2016

Counterfeit Products Hurt the Consumer and the Economy / ConsumerWatch / Fakes

By: John_Mauldin

BY PATRICK WATSON : Little things add up.

A bunch of bricks add up to a house. Too many drinks add up to a hangover.

So it is with the economy: small, seemingly unrelated events can add up to important information—if you just connect the dots.

Wednesday, November 16, 2016

Gold: What's Next? / Commodities / Gold and Silver 2016

By: Axel_Merk

After an initial surge in the hours after Donald Trump’s election, the price of gold has been under pressure. To gauge what’s ahead for the yellow metal, we dissect the forces that may be at play.

We have argued in the past that for investors to consider any investment, including gold, in their portfolio, it needs to satisfy two conditions: it needs to exhibit low correlation to their existing investments; and there should be an expectation of a positive return. Let’s evaluate the changing investment landscape for gold in the context of the election:

Wednesday, November 16, 2016

What Exactly is True Capitalism? / Economics / Economic Theory

By: Frank_Holmes

We’ll begin with this truth: We cannot snap our fingers and have “wants” immediately transformed into “satisfactions.” We are born having to struggle to survive. We must take atomic elements, which are provided gratuitously by nature, and transform them into the goods and services that give us satisfaction. Everything used to build an Italian sports car is provided by nature, but not in a form that can be used directly without modifications. The raw material must be combined by our labor and know-how. Wants require efforts to obtain satisfaction. Man is constantly striving to reduce these painful efforts that consume so much of his energy and time. Unfortunately, the history of mankind has been one of pillage: A plan for less efforts. It is far easier to steal a sack of corn than take the effort to grow it.

Wednesday, November 16, 2016

EURO Yearly Cycle Low / Currencies / Euro

By: Gary_Savage

The Euro daily cycle is now on Day 16. I’m guessing the euro will print a final yearly cycle low sometime this week.

Wednesday, November 16, 2016

Brahms & Democracy / Politics / Social Issues

By: Antonius_Aquinas

In November of 1876, one hundred and forty years ago, Johannes Brahms’ monumental First Symphony was first heard, performed in Karlsruhe, Germany.  The much anticipated work – which took Brahms over 20 years to complete – has become part of the cannon of Western music.  Ironically, the premier of The Ring by Brahms’ supposed rival and fellow musical genius, Richard Wagner, was performed for the first time in the same year.

Wednesday, November 16, 2016

How Trump's Election Victory Will Galvanize Kindred Spirits in Europe / ElectionOracle / European Union

By: STRATFOR

Donald Trump's victory in the U.S. presidential election was cause for celebration among Europe's largest anti-establishment political forces. Party leaders from France's National Front, Italy's Five Star Movement and the Netherlands' Party of Freedom offered congratulations to the president-elect, thrilled by his demonstration that the political and media establishment can be thwarted. Like Trump, they hope to ride the wave of anti-establishment fervor building on both sides of the Atlantic to power in 2017, when some of the European Union's biggest economies will hold national elections.

Wednesday, November 16, 2016

Stock Market is destined to soar higher: Masses are not bullish, / Stock-Markets / Stock Markets 2016

By: Sol_Palha

and $50 trillion is sitting on the sidelines
Men are afraid to rock the boat in which they hope to drift safely through life's currents, when, actually, the boat is stuck on a sandbar. They would be better off to rock the boat and try to shake it loose, or, better still, jump in the water and swim for the shore. Thomas Szasz

Wednesday, November 16, 2016

Non-USD Picture of Crude Oil / Commodities / Crude Oil

By: Nadia_Simmons

Trading position (short-term; our opinion): Long positions (with a stop-loss order at $41.39 and initial upside target at $49.53) are justified from the risk/reward perspective.

Although crude oil moved lower after the markets open, oil bulls stopped further deterioration and triggered a rebound in the following hours. As a result, light crude erased most of earlier losses and closed the day above Friday’s low. What can we expect in the coming days?