Wednesday, March 16, 2016
Corporatists Mobilize to Prevent TPP Opposition / Politics / TPP
No better example on how the actually world operates can be found than the Corporatist argument that all the opposition to TPP is just wrong. Really ??? Understand that the record of trade agreements have been greatly beneficial to Transnational Corporations. So it is natural that enterprises that seek to crush competition, favor the term FREE, when in reality the practice of conducting commerce on highly structured agreements, eliminates upstarts and squeeze out weak rivals. TPP has finally taken off the mask for all to see.
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Wednesday, March 16, 2016
USD/JPY - Short-term Consequences of Long-Term Resistance / Currencies / Forex Trading
Earlier today, the Bank of Japan kept interest rates unchanged at -0.10% which pushed the yen higher against the greenback. What does it mean for USD/JPY?
In our opinion, the following forex trading positions are justified - summary:
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Wednesday, March 16, 2016
Crude Oil Price Due for a Pit Stop / Commodities / Crude Oil
Crude gained $2.58 last week to close at 38.50 - on the declining trendline and the 50% retracement of the October decline. My bandwidth indicator has turned down indicating that the rally is long-in-the-tooth. On Friday, crude tested 39.00 which makes the February rally equal to 150% of the January rally; a natural stopping point.
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Tuesday, March 15, 2016
The Fed Just Confirmed Inflation is Here / Economics / Inflation
As we warned last week, the inflation genie is out of the bottle…
We now have confirmation that the Fed is aware of this…
Two key Federal Reserve officials said Monday they expect inflation to get closer to the central bank’s target…
Their comments came after data late last month that showed core inflation rose 1.7 percent in the 12 months ended in January.
Source: CNBC
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Tuesday, March 15, 2016
Presidents are Selected by Blood and Bankster's Clinton and Trump Distant Cousins? / ElectionOracle / US Presidential Election 2016
In the previous essay, The CIA’s Presidents, the influence of the intelligence community in directing and controlling the office of the presidency is presented. But before the clandestine spooks developed their sway on policy and intrigue, the absolute power behind the throne, crowned their lineage selection with the full mashaḥ anointing from the Bankster tribe. The masses are not part of this universe. Their role is to bow down to the chief executive that has been picked for them to obey. The actual person is less important than keeping the line of authority in the family.
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Tuesday, March 15, 2016
Runaway Credit is the Biggest Threat to Life as We Know It - Video / Interest-Rates / Credit Crisis 2016
Transcript excerpt: Tuesday March 15 2016 today I'm gonna be talking about runaway credit
and how life as we know is under threat from runaway credit debt I don't wanna
sound alarmist but I think I need to cover this subject
I'll start out with a comment John Pierpont Morgan JP Morgan back in 1912 the poo poo joe meat committee
hearing at the EUS House of Representatives here he was asked what
gold was and he said money is gold and nothing else they they don't have a
variations that this and some people say that he said money is golden everything
else is credit but I think he was that's a misquote patient but it still serves
Tuesday, March 15, 2016
Global Stakes for the Brexit Vote / ElectionOracle / EU_Referendum
On February 20th, UK Prime Minister David Cameron announced that the 'in/out EU referendum' he had promised in the campaign for the last parliamentary vote would finally take place on June 23rd. The outcome of the long-promised vote could have a tremendous impact not merely on the future of Mr. Cameron and his coalition but on the economic future of Great Britain and much of the world, including the European Union (EU) and the United States. It's arguable that the referendum will be the most significant vote the world will see between now and the U.S. presidential ballots in November.
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Tuesday, March 15, 2016
Bitcoin Price Not Far from $400 / Currencies / Bitcoin
In short: short speculative positions, target at $153, stop-loss at $515.
Microsoft has dropped Bitcoin from its Microsoft Store, we read on the Fortune website:
Back at the end of 2014, Microsoft started allowing many people to pay money into their accounts using bitcoins. However, it has now quietly removed the option.
The change applies to both Windows 10 and Windows 10 Mobile, meaning people won’t be able to top up their balances with bitcoins in order to buy games, music and so on.
It’s not clear why Microsoft has suddenly gone cool on Bitcoin, but it is worth noting that it never went all in — the feature never saw a wide geographical rollout, and Microsoft never accepted bitcoin for its own products and services.
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Tuesday, March 15, 2016
Zero-Hour for the Precious Metals… - / Commodities / Gold and Silver Stocks 2016
Just as the world was breathing a massive and collective sigh of relief that a new bull market in gold and silver had arrived with all the pomp and pageantry of a Royal Wedding, the Barbarians climbed the walls and are now very close to razing the palace, says precious metals expert Michael Ballanger.
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Tuesday, March 15, 2016
Stock Market Trading Cycle inverts... / Stock-Markets / Stock Markets 2016
Good Morning!
SPX closed yesterday above both its 200-day Moving Average at 2019.41 and its mid-Cycle support/resistance at 2012.67. However, this morning’s Premarket seems to have knocked it off both perches.
Today we have an inverted Trading Cycle Pivot. I originally anticipated it to be a Cycle low, as the vast majority of Trading Cycle Pivots are. Today’s Pivot corresponds with the November 16 and January 20 lows. As a result, I had miscalled the rally, expecting it to end much sooner. It appears that the rally far exceeded many other analysts calls as well.
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Tuesday, March 15, 2016
Gold and Silver Rally Could Have Durability – SWOT Analysis / Commodities / Gold and Silver 2016
Gold and silver’s fundamentals look good and the rally in bullion and gold stocks may have durability points out Frank Holmes of U.S. Funds writing in Gold Seek today.
In his weekly SWOT analysis – strengths, weaknesses, opportunities and threats – of the precious metal markets, Holmes notes that:
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Tuesday, March 15, 2016
Stock Market Crash is Imminent - This Chart Explains Everything... / Stock-Markets / Stock Market Crash
The story on Wall Street and CNBC continues to be that we’re in a correction and this is a buying opportunity. Even Warren Buffett joins the chorus of stock market cheerleaders for the skeptical public. Well, I agree with the skeptical public, not the experts here!
The bull market from early 2009 into May 2015 looks just like every bubble in history, and I’m getting one sign after the next that we did indeed peak last May.
I’ve been telling our Boom & Bust subscribers for months now that the dominant pattern in the stock is the “rounded top” pattern I show in the chart below:
Tuesday, March 15, 2016
The Next Level of Monetary Policy / Interest-Rates / Central Banks
There’s an old adage in economics that the best way to cure deflation is to drop money from helicopters. Clearly this phrase isn’t older than mid-20th century, because before that time we didn’t have helicopters… we also didn’t have manipulative central banks. But now we have both, and they are about to join forces.The helicopter statement isn’t meant literally. It conveys how central banks approach an economy when mainstream – and even out of the mainstream – monetary policies have failed.
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Tuesday, March 15, 2016
The World’s Worst Central Bank - Banco Central de Venezuela / Interest-Rates / Central Banks
The Banco Central de Venezuela (BCV) wins the prize as the world’s worst central bank – at least for the time being. Venezuela’s annual inflation has been in triple-digit territory for more than three years. As the accompanying chart shows, the implied annual inflation rate soared as high as 800% last summer. Since then, inflation has fallen to its current 320% annual rate. This is still well above the phony 180.9% annual rate reported by the BCV in December.
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Tuesday, March 15, 2016
Sharp Rise in UK Mortgage Deal Freebies / Housing-Market / Mortgages
In recent years the mortgage market has become an arena for fierce competition, with providers vying to have the lowest deals on the market to attract new customers. But as rates have been slashed, providers have begun to look beyond the headline rate in order to catch the eye of new borrowers. As a result, more and more providers are choosing not to compete on price alone but to also focus on the incentive packages accompanying their mortgages.
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Tuesday, March 15, 2016
HUI Gold Miners: A Correction in The Wind / Commodities / Gold and Silver Stocks 2016
The Gold Miners have started the year with a cracking rally pretty much as they started last year. They have finally broken out of their downward trend which has been in place for around 4 years. As we write the HUI currently stands at 169.44 which is well off its recent lows, but is some 73% below its previous high of 630.
The HUI now looks to be rolling over, although it is too early to say that this rally is over for now, it is beginning to look that way. A recent golden cross, whereby the 50dma crosses over the 200dma in an upward motion should be good for the HUI, but often this is not the case and a reversal follows.
Tuesday, March 15, 2016
Flat Close for Stock Market Indices / Stock-Markets / Stock Markets 2016
The stock market indices started the week off with an interesting day today and finished mixed on the session. The day started out with a move up in the morning in a 5-wave advance, they pulled back in the afternoon, that held support, they rallied to nominal new highs with about forty minutes to go, and then backed off into the close to close mixed.
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Tuesday, March 15, 2016
Stock Market Waiting On Fed Wednesday.... / Stock-Markets / Stock Markets 2016
The market volume today was very low. The reason is simple. Not many want to place bets in front of fed Yellen on Wednesday when she does what she has to do regarding interest rates. We all know she won't raise rates this time, but the market is very interested in her language regarding the future. To get an idea if and when the next rate hike may occur. If she talks about raising in the future, I think the banks will clearly like that news, while the market reaction will be unclear, in my opinion.
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Tuesday, March 15, 2016
Coffee Price Downtrend Set To End / Commodities / Coffee
The coffee price has risen from its lows and this could well be the start of the expected big rally which has been laid out previously. Let's review the daily chart and monthly charts.
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Tuesday, March 15, 2016
Crude Oil Price Technical Juncture / Commodities / Crude Oil
Trading position (short-term; our opinion): No positions are justified from the risk/reward perspective.
On Friday, crude oil gained 1.24% as rig count declined to the lowest level ever. Thanks to this news, light crude hit a fresh March high, but will we see further rally in the coming week?
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