Saturday, August 22, 2015
Crude Oil Price Crash Continues: West Texas Crude Below $40, Brent Near $45 / Commodities / Gold and Silver 2015
By: Mike_Shedlock
The crash in oil prices continues. Here are a couple charts to consider.
Saturday, August 22, 2015
Pandemonium in the Stock Market, Dow falls 1,000 points in a week / Stock-Markets / Stock Markets 2015
By: EWI
This week's stunning sell-off sent the Dow 1,000 points lower. Other markets have surprised investors lately, too:
- Crude oil just fell below $40 a barrel
- Gold just broke above $1160 an ounce
- The U.S. dollar is enjoying the strength not seen in years
Friday, August 21, 2015
Gold Reaches Rebound Targets / Commodities / Gold and Silver 2015
By: Jordan_Roy_Byrne
Precious metals for the most part have reached their initial rebound targets. Gold has led the charge by pushing above $1140 to $1150/oz resistance (for now) while Silver rebounded back to former support (the mid $15s). GDXJ has nearly touched $23 but GDX has failed to touch $17. This leaves us to question how much upside could be left and what happens next.
Friday, August 21, 2015
Why China Economy Is in Trouble - It's the Slumping Money Supply / Economics / China Economy
By: Steve_H_Hanke
The course of an economy is determined by the course of that economy's money supply (broadly determined). The relationship between money growth and nominal GDP growth is presented in the accompanying chart. It is persuasive. Indeed, money, not fiscal policy, dominates.
Read full article... Read full article...
Friday, August 21, 2015
Gold Junior Stocks Strong Financials / Commodities / Gold and Silver Stocks 2015
By: Zeal_LLC
The smaller gold miners and explorers have suffered catastrophic stock-price losses in recent years. These extreme declines have led investors and speculators to assume that much of this sector won’t survive lower prevailing gold prices. But nothing could be farther from the truth. The hated and left-for-dead junior-gold sector is not only very strong financially today, but could still thrive at much lower gold prices.
With many hundreds of junior gold stocks trading around the world, this sector isn’t easy to measure. They range from smaller producers with fantastic operating mines, to explorers doggedly advancing their projects in these dark times, to countless garbage shell companies that will never do anything beyond fleecing the unwary. The proliferation of junior golds is incredible, making it difficult to wade through the morass.
Read full article... Read full article...
Friday, August 21, 2015
Gold Price Ratios / Commodities / Gold and Silver 2015
By: Gary_Tanashian
For your viewing pleasure, some pictures that readers of this site and NFTRH.com have been aware of for some time now and NFTRH subscribers are repeatedly kept aware of (whether they like it or not).
Gold is not just another metal...
Read full article... Read full article...
Friday, August 21, 2015
Massive Stock Market Breakdown Underway / Stock-Markets / Stock Markets 2015
By: Anthony_Cherniawski
SPX is challenging the Cycle Bottom support at 2014.71 this morning. The bounce off this support may not last long at all, so there is no change in signal. There is a good probability that SPX may decline to 1960.00-1970.00 before a bounce, if any. It appears that we may see as many as 10 more market days of decline to the Intermediate Wave (1) low. It won’t be a pretty sight for the bulls.
Friday, August 21, 2015
Waiting for Dow Theory Stock Market Sell Signal / Stock-Markets / Dow Theory
By: Gary_Savage
Most analysts don't understand where the last secondary correction occurred. They assume that the averages need to drop below the Oct Low to produce a Dow Theory bearish trend change.
Actually the last secondary correction bottomed in July. The industrials have already broken those lows and if the transports also break below that level it will generate a Dow Theory sell signal.
Read full article... Read full article...
Friday, August 21, 2015
More Stock Market Supports Broken / Stock-Markets / Stock Markets 2015
By: Anthony_Cherniawski
There is no wonder that SPX is lower this morning. It closed beneath the lower trendline of its Orthodox Broadening Top last night. The Premarket shows the SPX down 7.5 points this morning, a low not seen since February 7. The 4-year uptrend line is also broken, suggesting a complete retracement to the October 4, 2011 low at 1074.00 in Cycle Wave I. that may come as early as mid-January 2016.
Read full article... Read full article...
Friday, August 21, 2015
U.S. Election Cycle Stock Market Profit Pattern is About to Begin / Stock-Markets / Stock Markets 2015
By: ...
MoneyMorning.com Tom Gentile writes: As much as it pains me to contribute to the thousands of articles mentioning Donald Trump, this one is different…
It's different because I'm going to show you exactly how you can cash in on a concrete pattern, going back three-quarters of a century, which appears across the markets during the "election cycle," or the last two years of every American presidency.
Read full article... Read full article...
Friday, August 21, 2015
The Next Silver Bull Market May Have Already Started / Commodities / Gold and Silver 2015
By: Dr_Jeff_Lewis
There are fundamentals. And then there is legalized betting, ultimately backed by you, the tax payer. Otherwise known as speculative trades. Modern day commodity prices are determined by the latter, rather than by the result of trading based on the former.
Read full article... Read full article...
Friday, August 21, 2015
Full on Crash Alert for Major World Stock Markets... / Stock-Markets / Financial Crash
By: Clive_Maund
There are various reasons, both fundamental and technical, to believe that a market crash is almost upon us. This crash will affect virtually all world markets, including and especially the big Western Markets which have thus far escaped the devastation already afflicting the developing markets. Here we are going to focus on US markets, but they will all get taken down - European markets including the UK, and Far Eastern markets such as Hong Kong and Japan.
The fundamental reasons for a market crash now are big and obvious - the ravages of deflation and depression brought about by extremes of debt which must cut into corporate profits - in Japan the debt situation is now hopeless, the Sovereign debt crisis set to crush Europe and probably destroy the euro, the collapse and implosion of the monstrous debt fuelled bubble in China which is already underway, an accelerating currency crisis in the Far-East exacerbated by the recent Chinese devaluation of the Yuan, and the collapse also already underway in Emerging Markets. Given that US markets have been driven to giddying heights by the combination, among other things, of maxed out margin debt and stock buybacks, it is clear that a crash of perhaps unprecedented proportions in on the cards. So much for the fundamentals, since we are more concerned with timing, we now turn to consider the latest charts.
Read full article... Read full article...
Friday, August 21, 2015
Global Stock Markets - Why it's Worse than October 2014 / Stock-Markets / Stock Markets 2015
By: Ashraf_Laidi
Fed funds futures are coming around to the idea of no September rate hike, a position we long held since last December based on the argument that inflation in 2015 will move further below the Fed's mandate, to the extent that the tightening in labour markets is inadequate to stir up inflationary pressures.
Friday, August 21, 2015
China Weakens the Yuan; Rattles Global Stock and Financial Markets / Stock-Markets / Financial Markets 2015
By: Gary_Dorsch
On August 11th, the hierarchy of the Chinese Politburo surprised the global financial markets, by unilaterally devaluing the yuan against the US$, without any advance notice. Beijing quickly engineered a -3% devaluation of the yuan against the US$ in two days, in what it called a "one-off" operation. Still, the surprise move sent various financial markets around the world into a tizzy, as analysts, pundits and traders began to speculate that the latest move by Beijing was just the first salvo in a campaign to gradually weaken the yuan against the US$, and possibly, to keep the yuan on an even keel with other major reserve currencies, such as the Euro and the Japanese yen.
Friday, August 21, 2015
Stock Market - Fasten Your Seat Belt! / Stock-Markets / Stock Markets 2015
By: Puru_Saxena
It is official; the multi-month trading range on Wall Street has now ended with a breakout to the downside. You will recall that the major US indices were in a quiet, consolidation phase since December and over the past several weeks, we wrote extensively about the deterioration in the stock market’s internals.
In fact, about a month ago, our proprietary set of trend following indicators flashed ‘market under distribution’ which prompted us to reduce our equity exposure and partially hedge our book. Unfortunately, over the past few trading sessions, these set of indicators have deteriorated even more and there is now a high probability of an autumn plunge. Accordingly, we have reduced our equity exposure even more and currently, only half of the capital under our management is invested in common stocks.
Read full article... Read full article...
Friday, August 21, 2015
US BreakEven Inflation at 5-Year Lows / Economics / Inflation
By: Ashraf_Laidi
Neither higher than expected Philly Fed survey at 8.3 in August nor a dovish set of FOMC minutes has managed to ease the onslaught of selling in global equities. The old trick that a dovish Fed and poor data are good for stocks is no longer valid. An uncertain Fed drove down chances of a Sept Fed hike to 36% from close to 50% earlier in the week. Meanhwile, stock indices deepen their selloffs well after a series of DeathCrosses emerged in the S&P500, Dow-30, Dax-30, FTSE-100 and Shanghai Composite. which may suggest that they require the Fed to firmly shut the door on any 2015 rate cut.
Read full article... Read full article...
Friday, August 21, 2015
The Oil Bubble...Which Just Bust...Was Caused by Derivatives: That’s why Shale Oil is finished / Commodities / Shale Oil and Gas
By: Andrew_Butter
There are plenty of reasons put-forward for why oil prices more than halved over the past year. But no one’s talking about a bubble that bust; seems like the world is wallowing in denial. Likely because if indeed it was a bubble (that just bust), it’s going to be a LONG TIME before anyone sees $100 again, and just about everybody has exposure to that scenario.
”I Blame it on the Saudi’s...BOMB THEM” says Donald Trump, well actually he didn’t say that; but that’s the sort of stupid remark you’d expect from a Republican Party Presidential front-runner.
Read full article... Read full article...
Friday, August 21, 2015
Global Stocks Slide, Markets are Moving! Want to Get Onboard? / Stock-Markets / Stock Markets 2015
By: EWI
You would agree that markets around the world have served investors a lot of surprises lately:
Read full article... Read full article...
Friday, August 21, 2015
The Future of Natural Gas, Part II / Commodities / Natural Gas
By: ...
MoneyMorning.com Dr. Kent Moors writes: As I discussed in the last edition of Oil & Energy Investor, this morning I made the keynote address at the Dominion Transport-hosted meeting of natural gas executives in western Pennsylvania.
My address comprised my primary take on natural gas prospects and is entitled “Natural Gas Moving Forward: LNG, Hubs, and Pricing Prospects.”
As always, I try to keep you in the loop of what’s happening when I meet with the movers and shakers, so today I’ll be sharing the rest of my address with you.
Read full article... Read full article...
Thursday, August 20, 2015
The Fed Talks And The Market Tanks. That’s Different / Interest-Rates / US Federal Reserve Bank
By: John_Rubino
Normally there’s a distinct pattern to the impact of Federal Reserve statements on the financial markets. The tone of equities trading in particular starts to improve as the moment of the announcement approaches; the words turn out to be blandly positive, full of promises of easy money and upbeat forecasts; and share prices soar for a day or two. It’s been thus for most of the past six years, leading large numbers of new investors and recently-minted analysts and traders to see the Fed as a modern version of Plato’s philosopher king, wielding absolute power to achieve perfect justice in the form of rising asset prices.