Thursday, May 12, 2016
Gold Daily and Silver Gathering Storm / Commodities / Gold and Silver 2016
"Some touch of the artist wells up within me, and calls insistently for a well-staged performance. Surely our profession, Mr. Mac, would be a drab and sordid one if we did not sometimes set the scene so as to glorify our results. The blunt accusation, the brutal tap upon the shoulder - what can one make of such a denouement?
But the quick inference, the subtle trap, the clever forecast of coming events, the triumphant vindication of bold theories - are these not the pride and the justification of our life's work? At the present moment you thrill with the glamour of the situation and the anticipation of the hunt. Where would be that thrill if I had been as definite as a timetable?” - Arthur Conan Doyle, Sherlock Holmes: The Valley of Fear
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Thursday, May 12, 2016
Stock Market Decline Makes a Tentative Beginning / Stock-Markets / Stock Markets 2016
SPX is still on an aggressive sell signal. It has crossed the first support at 2077.76, but has several more to go. The Aggressive sell becomes a confirmed sell beneath the 4.5-year trendline or the 50-day Moving Average, now up to 2049.40.
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Thursday, May 12, 2016
Global Gold Investment Demand Surges Record 122% In Q1, 2016 / Commodities / Gold and Silver 2016
Global gold demand surged a record 21% and gold investment demand a record 122% in Q1, 2016 according to the World Gold Council who released their ‘Gold Demand Trends Q1 2016’ report today.
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Thursday, May 12, 2016
More Short-Term Stock Market Uncertainty As Stocks Hover Along Last Year's Medium-Term Highs / Stock-Markets / Stock Markets 2016
Briefly: In our opinion, no speculative positions are justified.
Our intraday outlook is neutral, and our short-term outlook is neutral. Our medium-term outlook remains bearish, as the S&P 500 index extends its lower highs, lower lows sequence:
Intraday outlook (next 24 hours): neutral
Short-term outlook (next 1-2 weeks): neutral
Medium-term outlook (next 1-3 months): bearish
Long-term outlook (next year): neutral
Thursday, May 12, 2016
SOS Italy. ExItaly! - Video / Politics / Italy
Transcript Excerpt: Its Thursday May 12 2016 yeah I want to talk about it early this morning
and how its leaves sinking there's an interesting article in The Telegraph da
Costa UK which are linked to it by Ambrose evans-pritchard he's an
economics writer for The Telegraph and the headline in Italy must choose
between the euro and its own economic survival so a little bit of background
when Italy you know because many people think that things have been as they have
for every you know that italy is a country or state that Germany is a
country even the United States you know that it's been as it is for over 200
years but if you look deeply into the history has you know the United States
Thursday, May 12, 2016
Stock Market Turns Down After Two-Day Rally / Stock-Markets / Stock Markets 2016
The stock market indices had a turn-around day after a two-day rally. They retraced and are doing some retesting here, ending the day on a sour note. The day started out with a pop to the upside, they made new highs on the Nasdaq 100, but the S&P 500 failed to confirm. When that occurred, they came down hard, formed bear wedges, and by midday were headed lower. In the afternoon there was a steady sell off in stair-step fashion, and they closed near the lows for the day going away.
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Thursday, May 12, 2016
S&P 500 Back Testing...Retail Crushed.... / Stock-Markets / Stock Markets 2016
The market can confuse the best of them. No one could have seen today coming after we broke out yesterday on the S&P 500 with its move above the 20-day exponential moving average at 2069. It had traded between the 20- and 50-day exponential moving averages for a few days, but then suddenly made the move up, although there didn't seem to be a good reason to do so. Since earnings are poor along with a plethora of other problems it made little sense to make the move, although the trend is clearly higher. That said, the move was made and it was made with some force as we closed at 2084, nearly one percent above.Read full article... Read full article...
Thursday, May 12, 2016
Investing 101: Be Patient When Markets Are Looking For A Trend / Stock-Markets / Stock Markets 2016
There is nothing as powerful as a market that is trending. Think of the U.S. stock market in 2013/2014, or gold in 2010/2011. For short sellers, the crude oil market in 2015 was a wet dream.
What we currently see, however, is a neutral market. There is no trend, and that is by far THE most difficult thing to deal with, at least for the majority of investors. In a trendless environment, investors feel the need to “do something”. When you think about logically, you will conclude that it is better to give trendless markets time so they can choose a direction. While that is correct in theory, it appears not as simple in reality. Does that sound familiar?
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Thursday, May 12, 2016
How Recent Foreign Currency Fluctuations Affected Major Stocks / Companies / Company Chart Analysis
Investors can never shy away from the stock market because of the several benefits that come with investing in income generating assets. However, over the last few quarters, this market has been greatly affected by the non-income generating assets such as commodities and currencies.
Even the most popular stocks have not been spared in this case. Multinational companies listed on major exchanges such as the NYSE, NASDAQ and the London Stock Exchange have been affected by global currency fluctuations as the USD, the GBP and JPY among other major currencies continue to fluctuate from one reporting quarter to the next.
Wednesday, May 11, 2016
BBC Global 30 Index signalling That Stocks Bull Market is Not Over / Stock-Markets / Stock Markets 2016
All men can see these tactics whereby I conquer, but what none can see is the strategy out of which victory is evolved. Sun TzuThis index gives one an idea of how the global economy is doing; it combines the economic information of 30 of the world’s largest companies. If it is faring badly, then it’s a signal that the global economy is not holding up well.
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Wednesday, May 11, 2016
Stocks Bull Market Is Exhausted; Make the Move to Gold / Commodities / Gold and Silver 2016
Legendary investor Stan Druckenmiller, founder of Duquesne Capital Management LLC, told the Sohn Investment Conference in New York last week that he is bullish on gold and bearish on the stock market. Gold, he told the conference, "is our largest currency allocation."
Druckenmiller recommended that investors sell their equity holdings. "The bull market is exhausting itself," he told the conference. A major factor has been the Federal Reserve's easy money policy, which has resulted in "reckless" corporate behavior.
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Wednesday, May 11, 2016
Finance + Stress = Suicide / Politics / Social Issues
Last night, I made it back to Athens, still half a cripple, but there must be someone in this city who knows how to stick needles in the appropriate muscles, right?!, paid the rent for the Social Kitchen big house/nerve center late this morning, a tough 1 mile walk for my leg muscles -they kill me!-, still, that’s done, and hoping to get back to writing articles very soon, but having an ouzo right now just to make sure I blend in with the Romans. One can never be too sure.
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Wednesday, May 11, 2016
A Perspective on the Markets / Stock-Markets / Financial Markets 2016
Good Morning!
I wanted to do a survey of the major domestic stock indices to get a “feel” for where we may be.
The first is the NDX, which has the cleanest pattern. Note the clear (no overlap) pattern in the decline. This decline begs to be extended in a series of impulsive declines. In a measured decline, the NDX may drop to 3724.00, below both the February and the August lows.
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Wednesday, May 11, 2016
Gold Bullion Is “Long Term Insurance Policy” – HSBC’s Steel / Commodities / Gold and Silver 2016
Gold bullion is a “long term insurance policy” according to James Steel, chief commodities analyst at HSBC, who spoke with Tom Keene about what’s driving gold markets on “Bloomberg Surveillance” yesterday.
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Wednesday, May 11, 2016
Brexit Used as Scapegoat for Deliberate UK Inflationary Policy - Video / ElectionOracle / EU_Referendum
Transcript Excerpt: hi its Wednesday May 11th 2016 I'm going to be talking here about Forex it and
inflation in the UK there is an article out in the Telegraph taco dot UK website
major UK newspaper The Daily Telegraph and the headline set backs it four
straight up to three and a half percent within 18 months says newest MPC member
or monetary policy committee member he used to be chief economist at citibank
his name is Michael Saunders and the reason he's saying that he is that he
thinks if the UK vote to leave the European Union or breaks it that the
pound dropped fifteen to twenty percent and that could drive up inflation as the
pound dropped in value which makes sense I agree for once I agree with...
Wednesday, May 11, 2016
Can You Actually Live Too Long? / Economics / Demographics
The mainstream media has your number. You make too much money, you don’t pay enough in taxes, and you get too many tax deductions.Now there’s a new charge to add to the list – you live too long.
We all know that Social Security favors low-income workers. As the graph illustrates, for those at the low end of the average wage scale, Social Security replaces a little more than 50% of their income.
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Wednesday, May 11, 2016
Saudi Aramco Oil Sale? I Won’t Buy It / Commodities / Oil Companies
Saudi Arabia has a problem. The country’s wealth is completely dependent on oil revenue, which state officials use to bribe the population into submission.But with the price of oil hovering in the mid-$40s, after falling from over $100 in recent years, the Saudis have been dipping into their national piggy bank to make good on their social promises.
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Wednesday, May 11, 2016
UBL Slashes Best Fixed Rate Cash ISA by 23%! - Urgent Action! / Personal_Finance / ISA's
UBL's (United Bank UK) best buy fixed rate cash ISA that I have been tracking or a while has had its interest rate slashed by a whopping 23% on the 10th of May 2016 to a mere pittance of just 1.7% for a 5 year fix down from 2.2%, with similar deep cuts on other fixed terms as the following table illustrates.
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Wednesday, May 11, 2016
BrExit Freedom - New Dawn, New Life for Britain on 23rd June EU Referendum / ElectionOracle / EU_Referendum
Operation Fear, (REMAIN Camp) keeps ratcheting up the threat of what awaits Britain should the people choose to vote for freedom on June 23rd. The most recent warnings of which were literally that BrExit trigger a world war, a nuclear apocalypse. Which is completely ignorant of the fact that it is NATO and not the EU which has kept the peace for over 70 years, including defeated the Soviet Union, NATO not the EU! Whilst FEAR also appears to be the primary message out of the LEAVE camp, Fear of out of control immigration, fear of EU bailouts forever, which whilst being far closer to the truth than the REMAIN camps fear mongering, nevertheless the messages of FEAR are all prevailing, frightening and turning people off. So instead I offer my latest video as a message of HOPE (mostly), a message of a New Dawn, New Life for Britain, summed up in one word FREEDOM!
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Wednesday, May 11, 2016
Reviewing the Basics of the Elliott Wave Principle: The Ending Diagonal / InvestorEducation / Elliott Wave Theory
Free Lesson from Jeffrey Kennedy's Trader's Classroom
The Wave Principle classifies price action as either motive or corrective. Motive waves move in the direction of the trend and include impulse waves and diagonals. Today, you can listen to a lesson from Jeffrey Kennedy's Trader's Classroom in which he teaches you about basics of the ending diagonal and why this pattern is so dynamic. You'll then see an example in the chart of United States Steel Corporation (X).
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