Thursday, September 22, 2016
Lemmings Only Function in The Stock Market is to Serve as Cannon Fodder / Stock-Markets / Stock Markets 2016
By: Sol_Palha
"A genius can't be forced; nor can you make an ape an alderman." ~ Thomas Somerville
From the Tulip bubble to the financial meltdown of 2008, the theme has been the same. The masses never learn, they always cry foul on the way down but gurgle with joy on the way up. In other words, when they are making money, they are okay with the risk, but when they start to lose, they scream bloody murder.
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Thursday, September 22, 2016
What If Clinton Wins US Presidential Election 2016 / ElectionOracle / US Presidential Election 2016
By: Dan_Steinbock
According to polls, the race to the White House is over. Clinton has won, Trump has lost. If that proves the case, US economic erosion will slow but imperial foreign policy may escalate, which has critical repercussions in Asia.The polls reflect the new status quo. Despite her high unfavorability ratings, Clinton now has the support of every second registered voter, whereas Trump, with his high unfavorability ratings, can rely only on every third. As a result, Clinton’s likely voters nationwide amount to 45-50 percent, as against Trump’s 35-40 percent.
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Thursday, September 22, 2016
Overcoming The Second Steel Crisis / Commodities / Steel Sector
By: Dan_Steinbock
Today, advanced economies blame China for steel overcapacity. In reality, four decades ago Washington and Brussels opted for bad policies, which China seeks to transcend. In the G20 summit in Hangzhou, some world leaders had harsh words for China’s steel overcapacity. Before the summit, President Barack Obama was urged by US lawmakers, unions and trade associations to blame China’s trade practices for US mill closures and unemployment and to stress the need for “aggressive enforcement of US trade remedy laws.”
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Thursday, September 22, 2016
Japan’s Economy Impending Monetary Exhaustion / Economics / Japan Economy
By: Dan_Steinbock
Japan’s monetary gamble and Abenomics are approaching the end of the road. Neither Brussels nor Washington is immune to the adverse consequences of Tokyo's monetary exhaustion, says Dan Steinbock. Recently, Japan’s second quarter GDP growth was revised up to 0.7 percent, after four consecutive quarters of stagnation. But don’t set your hopes too high.
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Thursday, September 22, 2016
Gold Rises 1.5%, Silver Surges 3% After Fed Stays Ultra Loose At 0.25% / Commodities / Gold and Silver 2016
By: GoldCore
Gold was up 1.5% and silver surged 3.1% yesterday after Janet Yellen again failed to raise rates from record lows at 0.25%. The Fed maintained ultra loose monetary policies which are again creating stock and bond market bubbles in the U.S. and other countries.
Thursday, September 22, 2016
Stock Market Sentiment Improves Following Fed's Rate Decision, Will The Uptrend Continue? / Stock-Markets / Stock Markets 2016
By: Paul_Rejczak
Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,210, and profit target at 2,050, S&P 500 index).
Our intraday outlook is bearish, and our short-term outlook is bearish. Our medium-term outlook is 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, September 22, 2016
Yellen’s Oversight of the Fed Is Not Producing Monetary Policy but Disbelief / Interest-Rates / US Federal Reserve Bank
By: Jeff_Berwick
The real product of the Fed these days is not monetary policy but disbelief. People can’t believe the amount of speculation, conversation and outright complexity that results in… nothing.
Yellen is basically presiding over the deflation of the Fed’s reputation. Every month more and more credibility leaks away.
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Thursday, September 22, 2016
Silver Price Forecast: Higher Silver Prices For Many Years To Come / Commodities / Gold and Silver 2016
By: Hubert_Moolman
In a previous article, I highlighted how a Head and Shoulders Bottoming pattern on the silver chart
suggested that the silver rally since the beginning of 2016 is likely to continue.
This pattern has now matured nicely, thanks to the retrace to the breakout area. Below, is a silver chart (all charts from tradingview.com), with that pattern and the retrace to the breakout area highlighted:
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Thursday, September 22, 2016
Spectacularly Higher Day as NDX Makes New 15-Year Highs / Stock-Markets / Stock Markets 2016
By: Harry_Boxer
The stock market had a very volatile session today. First they gapped up and ran to resistance, rolled over hard to test support, and after the FOMC, bounced, and then exploded. They then pulled back sharply and held, and then went ballistic in the last couple hours, then went vertical at that point, going from 4810 Nasdaq 100, all the way up to 4859, a 49 run up. The S&P 500 went from 2144 to 2165, and closed not far off the highs.
Net on the day, the Dow was up 163.74 at 18,293.70, 14 points off the high. The S&P 500 was up 23.36 at 2163.12, just 2 points off its high. The Nasdaq 100 had a strong day, up 48.53 at 4853.75, 5 points off its high.
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Thursday, September 22, 2016
Gutless Fed Bails On A Rate Hike Yet Again.... / Interest-Rates / US Interest Rates
By: Jack_Steiman
Fed Yellen is gutless and very transparent. She does the same nonsense over and over. She talks about the need to normalize rates and tells us that things are improving economically. We all know that she's not telling the truth and we all know by now that she's a phony. She never had any intention of raising rates, and found the usual excuses she knows will be there for her. Poor numbers as the year moves along on the economic front. She smiled from ear-to-ear when manufacturing stunk. She smiled more when services nosedived, and celebrated when retail sales were a major disappointment. Three beautiful excuses not to raise rates in September.
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Thursday, September 22, 2016
Federal Reserve, US Interest Rates - America Needs A Brain / Interest-Rates / US Federal Reserve Bank
By: Barry_M_Ferguson
Like the scarecrow in the ‘Wizard of Oz’, America needs a brain. Otherwise, it will never get out of the corn field.
The Federal Reserve Bank met today and again left interest rates and the fed funds rate as is. No change. But, they said a rate increase before the year is out is still a very real possibility. Ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha!!!!!! These mendacious meddlers of monetary policy are hilarious. Stan Fisher has lost all credibility since he was so adamant a few weeks ago about rate increases. Janet Yellen? A complete joke. The Fed apparently uses the same ‘red line’ that obama uses. Threats and nothing more. They don’t have the guts and they sure don’t have the intellect to know what to do. Of course, we all know if the Fed really wanted to help they would follow the advice of Jim Rodgers. They should all resign immediately and terminate the Fed bank. But that ain’t going to happen.
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Wednesday, September 21, 2016
The Fed Chickens Out / Stock-Markets / Financial Markets 2016
By: Anthony_Cherniawski
SPX made a marginal new high this afternoon as the Fed “chickened out” on its rate decision.. This is one of the sloppiest Ending Diagonals I’ve seen in a while, but that appears to be the best fit. Wave [v] appears to be complete, so those who have stepped aside may re-engage their short positions.
Wednesday, September 21, 2016
Italy Is the EU’s Weakest Link / Politics / European Union
By: John_Mauldin
BY GEORGE FRIEDMAN : German Chancellor Angela Merkel, French President François Hollande, and Italian Prime Minister Matteo Renzi met Aug. 22 on an Italian aircraft carrier. They said they were meeting to talk about European policy after Brexit. The real discussion was about Italy’s economy and the steps needed to revive it.
Wednesday, September 21, 2016
Wells Fargo Scandal Shows Next Bank Crisis Coming / Companies / Banksters
By: John_Mauldin
BY PATRICK WATSON : There’s never just one cockroach. If you see one in the open, you know many more are still hiding. Call the exterminator.
This time-honored rule also applies to banks. Last week, we learned that Wells Fargo (WFC), ostensibly the most trustworthy of the too-big-to-fail institutions, is not trustworthy at all.
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Wednesday, September 21, 2016
Putin’s Ukraine Strategy Could Lay the Groundwork for War / Politics / Russia
By: John_Mauldin
BY GEORGE FRIEDMAN : Tensions between Russia and Ukraine are growing. According to the Russians, a special operations team from Ukraine attacked Crimea in August. The Ukrainians denied the claim. The Russians appeared to be moving forces around in Crimea and increasing their number and posture.
There have been reports of Russian troop buildups east of their border with Ukraine. There is also an unconfirmed report of Russian troops deploying in pro-Russian, rebel-held territory inside Ukraine. The Russians have done nothing to tamp down tensions.
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Wednesday, September 21, 2016
TwinLakes Theme Park Summer Super 6 FREE Return Entry for Real? / Personal_Finance / Theme Parks
By: Sami_Walayat
Find out if upto 4 people really can easily gain FREE return entry to the TwinLakes theme park situated near the city of Nottingham via the easy to achieve Summer Super 6 challenge cards and thus save between £40 to £60 on what one would have paid for entry as we return to the Theme park with the promised FREE entry during a September weekend cards. So if you have a Twinlakes super 6 card then you still have time to capitalise upon it!
Wednesday, September 21, 2016
Ignore the Fed, Something MASSIVE is Brewing in Europe’s Banks / Companies / Credit Crisis 2016
By: Graham_Summers
The Bank of Japan failed to announce any new policy initiatives today. The reasons are financial and political.
From a financial perspective, the Bank of Japan is well aware that its current tools cannot and will not generate sustained GDP growth. Bank of Japan head Haruhiko Kuroda implicitly admitted back in January that regardless of what he does, Japan has “potential growth rate of 0.5% or lower.”
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Wednesday, September 21, 2016
Three Charts Every Stock Market Investor Needs to See Now / Stock-Markets / Stock Markets 2016
By: Graham_Summers
The markets are in waiting mode as the Bank of Japan and Federal Reserve meet this week.
However, smarter markets than stocks are already adjusting to a weak global economy. Oil, which lead the S&P 500 to the upside from the February bottom is now rolling over sharply.
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Wednesday, September 21, 2016
The Fed Has Set Us Up for a Massive 50% Stock Market Collapse / Stock-Markets / Financial Crash
By: Graham_Summers
The Fed is running a virtual repeat of 1937.
The common narrative is that the Fed “didn’t do enough” during the Great Depression. This is used to justify the Fed’s use of non-stop extraordinary monetary policy post-2008.
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Wednesday, September 21, 2016
Stock Market VIX / Stock-Markets / Volatility
By: Marty_Chenard
The current VIX Index (Volatility Index) chart is posted below going back to 2015.
Please note the following: The long term trend has been down with each successive peak being lower. (A lower VIX correlates with a higher stock market and a higher VIX with a lower stock market.)
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