Friday, July 08, 2016
EU Citizens Living in UK BrExit Status Not Secure, Not Guaranteed / Politics / BrExit
By: Nadeem_Walayat
Junker, Tusk, Hollande, Merkel and the whole of the heavily UK subsidised Eastern European states have been busy laying down threats of x,y,z happening of what Britain faces in its attempts to negotiate its way out of the European Union. Though it's not hard to see why the EU has adopted such a threatening stance because it's obvious Britain breaking away from the EU threatens a wider breakup and ultimately a collapse of the EU project, hence triggering such an aggressive response. Whilst Eastern Europe does not want it's UK gravy train to end that the region profits from to the tune of £75 billion a year!
Friday, July 08, 2016
Gold Stocks Record Summer Surge / Commodities / Gold and Silver Stocks 2016
By: Zeal_LLC
The red-hot gold miners’ stocks have continued blasting higher this summer on heavy ETF buying by professional money managers. Funds’ ongoing big capital inflows into this market-leading sector have overcome its usual summer seasonal weakness. While gold stocks’ odds-defying record early-summer surge certainly ramps short-term downside risk, this year’s dazzling new gold-stock bull still remains young.
Managing other people’s money is a hard and challenging job. Investors naturally expect and demand healthy returns after entrusting their hard-earned wealth to financial professionals. And if these fund managers fail to deliver, investors are quick to pull their capital and move it elsewhere. So the money-management industry faces staggering pressure to perform. The funds that don’t measure up risk extinction.
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Friday, July 08, 2016
The EU’s Founding Members Are Giving Up / Politics / BrExit
By: John_Mauldin
PATRICK WATSON: The Mother of Parliaments just got an earful from the public it ostensibly serves. The UK’s Brexit referendum passed easily.
Now, someone has to make it happen.
It won’t be Prime Minister David Cameron. Having led the losing side, he sensibly—and honorably, I must add—said he would resign.
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Friday, July 08, 2016
Forex Trading EUR, GBP, USD/JPY - Double Bottom or New Lows? / Currencies / Forex Trading
By: Nadia_Simmons
In recent days, the yen moved higher against the greenback as safe-haven buying supported the Japanese currency. In this environment, USD/JPY declined to important support and approached the Jun low. Double bottom or new lows?
In our opinion, the following forex trading positions are justified – summary:
EUR/USD: short (a stop-loss at 1.1236; initial downside target at 1.0708)
GBP/USD: short (a stop-loss at 1.3579; initial downside target at 1.2519)
USD/JPY: none
USD/CAD: none
USD/CHF: none
AUD/USD: none
Friday, July 08, 2016
Is the Stock Market Rally Over? / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
It appears that SPX may be waiting for the Jobs Report tomorrow morning at 8:30 am to reveal its intent. This is my primary Wave structure for SPX. It follows an irregular Wave pattern that fits within the Orthodox Broadening Top. Although the Broadening Top allows for a probe to or beyond 2120.55, but does not require it. As it stands, Wave [v] of 5 is very nearly equal to Wave [i] of 5, satisfying a wave relationship and indicating a probable completion.
Friday, July 08, 2016
Signs the Government Is Planning to Confiscate Your Retirement Funds / Politics / Pensions & Retirement
By: Jeff_Berwick
We’ve warned that bankrupt governments will be eyeing the multi-trillions of dollars in “un-taxed” retirement funds when they get desperate enough.
It is an incredibly common occurrence. It has happened in numerous countries in just recent memory. Poland, Hungary and Bolivia are a few in the last years where retirement funds have been seized.
Total funds currently held in private IRA and 401K accounts in the US are estimated to be in the neighborhood of $10 trillion. That number looks awfully enticing to the US government which is currently indebted to the tune of $19 trillion and holding liabilities of over $100 trillion.
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Friday, July 08, 2016
Stock Market Decent Comeback, Mixed, Consolidation Day / Stock-Markets / Stock Markets 2016
By: Harry_Boxer
The stock market indices had a mixed session. The day started out with a pop to the upside, but they gave it back and then some, getting in the negative column by midday. They retested in the afternoon, making lower lows on the S&P 500, which was not confirmed by the Nasdaq 100. That resulted in a late rally back to finish mixed on the session.
Net on the day, the Dow was down 22.74 at 17,895.88, 70 points off the low. The S&P 500 was down 1.83 at 2097.90, 9 points off its low. The Nasdaq 100 was up 14.88 at 4459.58, 21 points off its low.
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Friday, July 08, 2016
Why Stocks Bears Should be Scared / Stock-Markets / Stock Markets 2016
By: Clif_Droke
The last year has been a scary time to be an investor. In 2015, the slowdown in China's economy caused undue apprehension to investors and contributed to a nausea-inducing rollercoaster ride which began last July and has continued until now.
By the end of 2015 low energy prices were taking a toll on the high yield debt market, which in turn catalyzed another stock market swoon. Although the decline wasn't severe, the January 2016 market panic ended with the biggest spike in bearish investor sentiment since the 2008 credit crash. This reflects the pronounced tendency among investors to panic at the slightest hint of danger, a spillover effect from the historic 2008 crisis.
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Thursday, July 07, 2016
Greenspan, Gold, and the Banality of Evil / Commodities / Gold and Silver 2016
By: MoneyMetals
Under certain circumstances, seemingly decent human beings are capable of horrific things.
So it is with Former Federal Reserve Chairman Alan Greenspan, who parlayed his sound money bona fides into the top post at America's private banking cartel and current issuer of our un-backed currency. In betrayal of his own stated free-market principles, Greenspan spent his tenure at the Fed pumping up financial markets with easy money and enabling runaway government spending commitments.
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Thursday, July 07, 2016
SPX Below 2100, but is it Enough? / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
SPX is beneath the 4.5 year trendline. The formation is irregular, so to be safe, we should use the lower trendline of the Broadening Diagonal as a trigger to go short. That appears to be at or just beneath 2090.00. There is always the possibility of using the trendline as a support to launch another algo orgy. Of course, the ultimate safety for the shorts appears to be beneath the 50-day Moving Average.
Thursday, July 07, 2016
Swing Trading the Nasdaq QQQ's / Stock-Markets / Stock Index Trading
By: Joseph_VanDerveer
My strategy is to time the market using the QQQ's which is an exchange-traded fund based on the Nasdaq-100. Powershares QQQ's etf tracks the market-cap-weighted Nasdaq-100 index which is 100 of the largest non-financial stocks in the Nasdaq Composite Index.
I would suggest inexperienced traders stick to using the 1 for 1 vehicle and not the leveraged etf's such as TQQQ's or SQQQ's. These leveraged etf's are meant for shorter time frame trades, not long term. They tend to lose value over time, they are not buy and hold strategy's.
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Thursday, July 07, 2016
How High Is 'Sky-High' Silver Price? / Commodities / Gold and Silver 2016
By: MoneyMetals
Now that the precious metals' five-year cyclical bear market is acting like it's been replaced by a vibrant bull run in the opposite direction (up!), many analysts who chided the ongoing rise in the mining stocks and metals that started in December 2015 are begrudgingly changing their "outlook" so they don't get left behind.
Some veterans are holding to long-stated targets, while others are raising them as Mr. Market gives us new information.
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Thursday, July 07, 2016
Forget Shorting the Stock Market / Stock-Markets / Stock Markets 2016
By: Gary_Savage
The very beginning of a new intermediate cycle is the single most dangerous time to short stocks. The average gain is 6-8% in the first 12-18 days. Yet this is the time most retail traders want to sell short as they expect the market to turn back down immediately. When it fails to do so they end up losing money.
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Thursday, July 07, 2016
Get Gold At $356 Per Oz By Buying Silver Today / Commodities / Gold and Silver 2016
By: Hubert_Moolman
Gold is currently trading at around $1 370 an ounce. I like gold, but for me that is too expensive, even although I think it will increase significantly over the next couple of years.
Why do I think it is too expensive? Because I think there is a way of getting it at the equivalent of $345 an ounce, by buying silver instead.
In January 1980, silver and gold reached all-time high prices (at that time) of $50 and $850 respectively. Therefore, the Gold/Silver ratio at that time was about 17 (850/50).
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Thursday, July 07, 2016
Bill Gates And Other Billionaires Backing A Nuclear Renaissance / Commodities / Nuclear Power
By: OilPrice_Com
Let's for a second imagine a world without nuclear energy. That's a tough one but let's try. No nuclear bombs, of course, no Chernobyl and Fukushima, no worries about Iran and North Korea. A wonderful world, maybe? Probably not, because without nuclear energy we would have burned millions more tons of coal and billions more barrels of oil. This would have brought about climate change of such proportions that what we have today would have seemed negligible.
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Thursday, July 07, 2016
Europe In Chaos - Can You Imagine The Fed Raising Interest Rates In This World? / Interest-Rates / Credit Crisis 2016
By: John_Rubino
Two short months ago it was generally expected that US interest rates would rise for the balance of the year — a move made possible by steady economic growth and general global stability. Here’s a representative piece of reporting from early April:
Thursday, July 07, 2016
4 Risk Indicators Show Extreme Readings and a Huge Divergence in the Markets / Stock-Markets / Stock Markets 2016
By: InvestingHaven
2016 is certainly the year where markets are behaving in an extreme fashion. Most recently, we have witnessed a mini-flash crash post-Brexit with a sharp V-shaped recovery, just in one week.
Our risk indicators have arrived at extreme levels. We pick out 4 fundamental risk indicators from our methodology which we discuss in this article. Apart from extreme readings our risk indicators also show an important divergence. In other words, markets arrived at a critical juncture and are ready to accelerate in the same direction or reverse their course.
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Thursday, July 07, 2016
Stock Market Unwinding... Rallying Back.... Waiting On The Right News / Stock-Markets / Stock Markets 2016
By: Jack_Steiman
The market spent a day and a half trying to fall enough to unwind those overbought, sixty-minute index charts. The Dow, S&P 500, and Nasdaq are very overbought with RSI's intraday hitting the low 80's. Finally, we saw some selling, which allowed all of those index short-term charts to unwind their RSI's back in to the mid 40's. That was enough to start the move back up, but not enough to get the market exploding. Unwinding was clearly necessary. It's also healthier if you don't stay too overbought for too long. Get things unwound, which will allow for a better floor from which to move higher. Also, if you don't get too overbought it helps prevent negative divergences down the road.
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Thursday, July 07, 2016
Is Stock Market VIX Really OK? / Stock-Markets / Volatility
By: Marty_Chenard
Yesterday, the VIX closed at 15.58, so it looks like it is okay. But is it really?
The verdict is actually not in yet ... take a look at October, April and now. April was the lowest reading, with October and now not as low as it was in April. With that condition, there remains a possibility of an inverted Head & Shoulder pattern which would have upside implications for the VIX.
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Thursday, July 07, 2016
SPX Finds Resistance at the Trendline / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
SPX appears to have been stopped by the 4.5-year trendline. This may be an ideal spot to add to short positions. The end of day activity may also be bearish, as institutions begin to sell in the final half hour.
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