Monday, August 31, 2015
The Most Important Market Chart on The Planet / Currencies / US Dollar
By: Rambus_Chartology
Sorry goldbugs, it is not the gold chart. There are a lot of opinions out there on the US Dollar. Many of them are bearish in the short medium and long term time frames.
So lets see what the Charts are whispering.
With all the volatility this week in markets around the world the US dollar made an interesting move. The long term daily chart below shows the five point rectangle, at the bottom left hand side of the chart, that launched the big breakout and impulse move higher in May of 2014. If you look at reversal point #5 with a question mark on it you'll see the comment I made at the time which I noted, this could be a false breakout to the downside and we might see a big move in the opposite direction, which was up. Keep in mind the chart was much bigger back then and the false breakout also looked much bigger. As you can see that indeed was a false breakout to the downside which led to the impulse move up we found ourselves in until the US dollar topped out earlier this year and has been building out the next consolidation pattern.
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Monday, August 31, 2015
Blame the Federal Reserve, Not China, for Stock Market Crash / Stock-Markets / Stock Markets 2015
By: Dr_Ron_Paul
Following Monday's historic stock market downturn, many politicians and so-called economic experts rushed to the microphones to explain why the market crashed and to propose "solutions" to our economic woes. Not surprisingly, most of those commenting not only failed to give the right answers, they failed to ask the right questions.
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Monday, August 31, 2015
Stock Market 50% Retracement / Stock-Markets / Stock Markets 2015
By: Andre_Gratian
Current Position of the Market
SPX: Long-term trend - Bull Market?
Intermediate trend - SPX has started an intermediate correction (at least).
Analysis of the short-term trend is done on a daily basis with the help of hourly charts. It is an important adjunct to the analysis of daily and weekly charts which discusses the course of longer market trends.
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Monday, August 31, 2015
Stock Market Crash Red Alert for 2nd Downwave... / Stock-Markets / Financial Crash
By: Clive_Maund
We are believed to be at an excellent juncture right now to short the broad stockmarket (or buy bear ETFs and Puts). As we know, we did just that before the dramatic plunge early last week, and are now "sitting pretty". Now is the time to add to positions, or if you haven't any and are looking for the right shorting opportunity, this is it.
Sunday, August 30, 2015
Independant Scotland 1 Year on, UK Civil War If the SNP Fanatics Had Succeeded / Politics / UK Politics
By: Nadeem_Walayat
What to know what would have happened if the SNP fanatics had succeeded in convincing the Scottish electorate into voting for independence?
Well the following video gives an idea of the path that not just Scotland would have been set upon but the whole of the UK as Scottish independence would have unleashed forces that would literally have torn the nation apart, something that the SNP fanatics continue to remain blind to today, this despite the fact of the oil price collapse of 2015 which alone would have collapsed the Scottish economy.
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Sunday, August 30, 2015
Gold’s 7 Point Broadening Top / Commodities / Gold and Silver 2015
By: Austin_Galt
Gold looks to have made a short term high and now looks headed back down. Let’s revise the daily and monthly charts.Read full article... Read full article...
Sunday, August 30, 2015
The Day the Stock Market Shook the Earth: Takeaways From the Dow’s 1,000-Point Drop / Stock-Markets / Stock Markets 2015
By: Investment_U
Matthew Carr writes: I was working from home that day.
My wife had just had surgery, and I was caring for her as she recovered. I was sitting in our main floor living room, answering emails. My wife was on the couch downstairs, watching TV.
All of a sudden, our dog Chloe came running into the room. She jumped up on the couch next to me and started licking my face. Seconds later, the house started shaking.
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Sunday, August 30, 2015
Gold Seasonality And Average Intraday Price Movement / Commodities / Gold and Silver 2015
By: Jesse
It will be interesting to see how gold moves in the latter half of this year.
As for the intraday movement, the impact of the London - New York on the gold trade is hard to miss.
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Sunday, August 30, 2015
Gold Price Rally Marked by Short Covering / Commodities / Gold and Silver 2015
By: Dan_Norcini
If there was ever any doubt that the majority of buying by the hedge fund category in the gold market over the past 3-4 weeks has been of the nature of short covering, this week’s COT should put that theory to rest.
Since the third week of July, the hedge fund category alone has covered or lifted 40,000 short positions. That against the addition of only 16,000 or so new long positions over the same time span. By a better than 2:1 margin, hedge funds have been covering shorts, not instituting fresh purchases of gold.
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Sunday, August 30, 2015
Stock Market, GDX Rally Expected, Now What? / Stock-Markets / Stock Markets 2015
By: Brad_Gudgeon
Last time I wrote, I was expecting an important top in the stock market by the 28th and a minimum of 1985 SPX. We closed at 1988 Friday after tagging 1993. Gold stocks began to rally strongly Thursday into Friday as we hit the 8 TD/3 week low Wednesday at new lows. Now what?
We have the 12/13 TD low due Monday along with a 4 TD 1 TD low max; also a TLC low due then. My expectation is for a quick 57 point SPX drop possible early Monday down to 1930 (see chart below). This should bring down the mining stocks with it, but it should all be temporary. GDX could come down into the mid $13 area, but I expect we may see $17 by Sept 2. As for the stock market, I believe we may have one more up wave left to perhaps the 2014 SPX area pre-Labor Day.
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Saturday, August 29, 2015
Aging Stocks Bull Market / Stock-Markets / Stock Markets 2015
By: Tony_Caldaro
The week started off at SPX 1971. On Monday, due to overnight selling, there was a huge gap down at the open to SPX 1875. Then after hitting SPX 1867 in the opening minutes the market rallied to 1954 into the early afternoon, and then headed lower again. Tuesday was quite volatile and ended at Monday’s low. Then the market gapped up on Wednesday and Thursday, closing the week’s 100 point opening gap and hitting SPX 1990. On Friday the SPX hit 1993, then ended the week at 1989. For the week the SPX/DOW were +1.00%, the NDX/NAZ were +2.85%, and the DJ World index was +0.30%. On the economic front positive reports outnumbered negative ones 11 to 3. On the uptick: Case-Shiller, the FHFA, new/pending home sales, consumer confidence, durable goods, Q2 GDP, personal income/spending, the PCE, plus weekly jobless claims were lower. On the downtick: the WLEI, the GDPN and consumer sentiment. Next week will be highlighted by the FED’s beige book, Payrolls and the ISMs. Best to your week!
Saturday, August 29, 2015
Economic Destabilization, Financial Meltdown and the Rigging of the Shanghai Stock Market? / Stock-Markets / Chinese Stock Market
By: Michel_Chossudovsky
The dramatic collapse of the Shanghai stock exchange has been presented to public opinion as the result of a spontaneous “market mechanism”, triggered by weaknesses in China’s economy.
The Western media consensus in chorus (WSJ, Bloomberg, Financial Times) portend that Chinese stocks tumbled due to “uncertainty” in response to recent data “suggesting a downturn in the world’s second-largest economy”.
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Saturday, August 29, 2015
Casino Capitalism - What’s ahead for China and the US / Stock-Markets / Financial Markets 2015
By: LewRockwell
Eric Margolis writes: My father, a New York financier, used to call dubious stocks or bonds, “Chinese paper.” Last week, we saw a blizzard of Chinese paper, both in China and around the world.
As manager of a sizeable investment portfolio (an unwelcome second job from my main work, journalism), I watched last week’s near death experience on world markets with a mixture of cynicism and alarm.
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Saturday, August 29, 2015
Why Monday’s Stock Market Mayhem Was No Surprise / Stock-Markets / Stock Markets 2015
By: Investment_U
Anthony Summers writes: After a week of steady declines, investors woke up Monday morning to a huge sell-off as both the S&P and Dow dropped hugely in the early minutes of trading.
The Dow plummeted nearly 4% before seeing its largest intraday point swing ever. The spread between the high and low of the day? An astonishing 1,089 points.
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Saturday, August 29, 2015
The Stocks You Should Be Buying After the Market Drop / Companies / Investing 2015
By: Investment_U
Sean Brodrick writes: If you’re looking for bargains after Monday’s market sell-off, take a look at cybersecurity. Few industries got sold as hard - and yet it has the best growth prospects.
That’s due to a worldwide surge in hacking from criminals and terrorists. After all, when it’s so easy to be a hacker and get away with it, anyone who wants to will be a hacker.
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Saturday, August 29, 2015
Don't Let 'The Glidepath Illusion' Ruin Your Retirement / Personal_Finance / Pensions & Retirement
By: DailyWealth
Dan Ferris writes: The traditional notion of retirement says you should take bigger risks in the stock market when you're young.
You have more time to make up for losses than when you're older. As you age, you should take less and less risk, so you won't lose your retirement money... so the conventional wisdom goes.
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Saturday, August 29, 2015
Stock Market New Range?.....Please Say It Isn't So / Stock-Markets / Stock Markets 2015
By: Jack_Steiman
Is everyone's nightmare about to realize yet again? Unfortunately, that may be the case. We may have seen the elevator move down one flight after nearly a year of being stuck on the same floor. The repair man finally got to work, but it seems he left the building a bit too soon. He thought he fixed the problem, but after a quick fix it didn't hold. We're possibly on, yet, another broken elevator to nowhere. The old boring-to-nowhere range was understood to be at 2134 down to 2040. Now the new range may be S&P 50 1900, or thereabouts, to 2040.
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Saturday, August 29, 2015
Gold Shares Lows are Near / Commodities / Gold and Silver Stocks 2015
By: Aden_Forecast
As most of you know, many mining companies have fallen by over 90%. The HUI Gold Bugs index has fallen 83% since its 2011 peak in the second longest bear market in gold shares on record. It's fallen twice as much as gold's bear market loss of 43%.
But looking at the next two charts, both are saying the lows may already be in.
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Friday, August 28, 2015
How I Learned to Stop Worrying and Love Market Fluctuations / InvestorEducation / Trader Psychology
By: John_Mauldin
Patrick Cox: Most of you know that my day job involves finding disruptive technologies for investors. Most of you also know that the stock market has recently taken a southward plunge.
When I was younger, I always wondered why big fluctuations in markets seemed to cause so many people so much anxiety and consternation. It’s not as if we don’t know that, historically, markets have always displayed big swings. Understanding this, it always seemed clear to me that a rational individual would not invest money in equities if that money might be needed in the short run.
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Friday, August 28, 2015
Stocks Bear Markets and Interest Rate Hikes, Oh My! / Stock-Markets / Stocks Bear Market
By: Barry_M_Ferguson
The latest bear market has arrived and the Fed will raise the fed funds rate in September. There. It is written.
The conventional ‘bear market’ assumes two things. First, the major stock indices fall 20% from their recent highs. Two, there is a market. Both of these adages are now false in the new era.
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