Wednesday, October 23, 2019
Gold Prices Stand to Rally on Brexit Delay / Commodities / Gold & Silver 2019
By: Submissions
With the odds of a Brexit deal by the October 31 deadline declining, gold bulls may stand to benefit.
The price of gold has been in a narrow range over the past session with support at $1479 drawing buyers while the shiny metal continues to struggle to rally above the psychological $1500 level.
Gold prices have been held higher by a weaker dollar as of late while at the same time suppressed by positive developments in the US-China trade war and progress in Brexit. But that could change quickly.
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Wednesday, October 23, 2019
What's Wrong With The Stock Market Smart Money? / Stock-Markets / Stock Markets 2019
By: Troy_Bombardia
Jason Goepfert writes: Another one bites the dust
The Conference Board’s Leading Economic Index® is a popular indicator to watch for potential recessions ahead, and the latest reading shows a 2nd consecutive drop month-over-month.
The LEI hasn’t gone much of anywhere for a year, showing signs of plateauing. Its Bollinger Band has tightened to a near-record degree, showing that the index has flattened out over the past year.
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Wednesday, October 23, 2019
US Stock Markets “Roll Over” On Earnings and Economic Data At Channel Highs / Stock-Markets / Stock Markets 2019
By: Chris_Vermeulen
As we near the end of October 2019, a very interesting price setup is taking place across many of the US market sectors recently. We only have a total of about seven trading days left in October 2019 and the Financial Sector ETF is rolling over with what appears to be an Engulfing Bearish price pattern near price channel highs. Additionally, the tech-heavy NASDAQ (NQ) has been mostly weaker compared to the ES and YM.
On September 30, 2019, we published this research post that highlighted why our predictive modeling systems suggested the S&P 500 and NASDAQ market sectors would become much more volatile than the Dow Jones Industrials: MODELING SUGGESTS BROAD MARKET ROTATION IN THE NQ & ES.
We believe this research is still very valid given the current price rotation near these price channel highs and given the potential that the Dow Jones stocks may become relatively stronger alternatives than the S&P 500 and NASDAQ sector stocks.
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Wednesday, October 23, 2019
Yes, Gold “Just Sits There” and That’s Quite a Feat / Commodities / Gold & Silver 2019
By: MoneyMetals
The Wall Street Journal’s Jason Zweig famously referred to gold as a “Pet Rock” in 2015. He was blasted by people who understand that gold is no passing fad, and it serves some very important roles in an investment portfolio.
The valuable roles played by gold have been well covered here. It’s a hedge against both inflation and deflation, it represents true diversification for portfolios stuffed with conventional securities, and it is a way of protecting wealth during tumultuous times.
But Jason Zweig, Warren Buffett and other notable gold critics who complain about the metal “just sitting there” fail to understand the flaw in their basic assertion.
Wednesday, October 23, 2019
Downsizing – What to Watch Out For / Personal_Finance / US Housing
By: Submissions
If you find that your current home is now too big for you, the idea of downsizing can be very appealing. Perhaps your children have moved away and the extra space is making you miss them more. Perhaps you’re starting to struggle with getting up and down the stairs, or with keeping everything clean. Perhaps you just like the idea of having a smaller place in a more convenient location, or of freeing up money so you can live more comfortably. Downsizing isn’t always trouble-free, however. To avoid problems, give some thought to the following.Read full article... Read full article...
Wednesday, October 23, 2019
Gold Price Has Not Corrected Enough / Commodities / Gold & Silver 2019
By: Jordan_Roy_Byrne
Precious Metals enjoyed a very strong move this past summer. Both Gold and gold stocks broke past multi-year resistance and showed the kind of positive momentum that has been lacking for years.
But strong momentum coupled with major technical resistance set in, along with a temporary shift in fundamentals, thus creating a roadblock and a correction. The precious metals complex has corrected some but our work argues they’ve not corrected enough.
First, let’s take a look at Gold and gold sentiment.
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Tuesday, October 22, 2019
Stock Market VIX Analysis / Stock-Markets / Volatility
By: Nadeem_Walayat
VIX
VIX is in a falling range from 26 to 13. Which should be bullish for stocks. However, the pattern is resembling that of October / November last year, which was a prelude to the Decembers steep sell off. August saw a higher high and September a high low. So we could be witnessing the calm before the storm.
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Tuesday, October 22, 2019
U-Turn or Perfect Storm? Globalization at Crossroads / Economics / Global Economy
By: Dan_Steinbock
Only 12 years ago, globalization peaked. Today, it is in the doldrums and the Trump trade wars have nullified the recovery. We are at a crossroads, where globalization may further stagnate or fall apart.According to the new IMF outlook, global growth is forecast at 3.0% for 2019. That’s the lowest since the global crisis of 2008-9. It is largely due to the US tariff wars, which have contributed to the projected slowdown in the US and China.
The IMF projects growth to pick up to 3.4% in 2020. That, however, is predicated on improvements in a number of emerging economies in Latin America, the Middle East and developing Europe, which, in turn, would require a trade recovery. Thanks to the global slowdown, world growth prospects now hover at levels where they were last in the darkest moments of 2008/9.
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Tuesday, October 22, 2019
Stock Market Indexes Struggle and TRAN suggests a possible top / Stock-Markets / Stock Markets 2019
By: Chris_Vermeulen
Nearing the end of October, traders are usually a bit more cautious about the markets than at other times of the year. History has proven that October can be a month full of surprises. It appears in 2019 is no different. Right now, the markets are still range bound and appear to be waiting for some news or other information to push the markets outside of the defined range.
We still have at least one more trading week to go in October, yet the US markets just don’t want to move away from this 25,000 to 27,000 range for the Dow Industrials. In fact, since early 2019, we have traded within a fairly moderate price range of about 3200 points on the YM – a rotational range of about 11% in total size. Historically, this is a rather large sideways trading range for the YM – nearly 3x the normal volatility prior to 2015.
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Tuesday, October 22, 2019
Fake Numbers Fueling the Wage War on Wealth / Politics / Economic Statistics
By: Rodney_Johnson
I’m stupid about the cost of a lot of things. I don’t mean uneducated, or lacking knowledge. I’m talking about downright dumb as a stump. Thank goodness the Bureau of Labor Statistics (BLS) is around to set me straight.Take my television, for instance.
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Tuesday, October 22, 2019
A Look at Peak Debt / Interest-Rates / Global Debt Crisis 2019
By: Harry_Dent
David Stockman, Dr. Lacy Hunt and I agreed on a lot of things last week at the seventh annual Irrational Economic Summit in D.C. In the September issue of Boom & Bust, I talked about corporate debt being the greatest threat globally this time around. The worst is in the emerging world that used cheap printed dollars from the developed countries, primarily the U.S., to fund a debt binge concentrated in the corporate sectors. But our corporate sector also added a lot to their debt and only 39% of their bonds are investment grade, with 39% BBB and 22% junk.
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Tuesday, October 22, 2019
How High Debt Affects Bond Interest Rates / Interest-Rates / International Bond Market
By: Harry_Dent
The only Phd economist I allow to speak each year at the Irrational Economic Summit is Dr. Lacy Hunt. (You can watch his presentation from this year’s conference here.) Lacy can take that complex science and still see the forest for the trees. He can still find reality from all of that great theory to real-life outcomes.It also helps that he advises a $4 billion bond fund at Housington Management and has to get the reality of bond interest rates right or face the consequences – which he has for this entire boom!
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Tuesday, October 22, 2019
The Coming Great Global Debt Reset / Interest-Rates / Global Debt Crisis 2019
By: Richard_Mills
In the first quarter of 2019, global debt hit $246.5 trillion.
Encouraged by lower interest rates, governments went on a borrowing binge as they ramped up spending, adding $3 trillion to world debt in Q1 alone. It reverses a trend that started in the beginning of 2018, of reducing debt burdens, when global debt reached its highest on record, $248 trillion.
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Tuesday, October 22, 2019
GamStop Became Mandatory / Personal_Finance / Gambling
By: Submissions
The online gambling industry is one of the successful business ventures in the United Kingdom. All forms of gambling and betting in the region are regulated by the UK Gambling Commission. Although the industry has achieved a lot since it was established back in 2005, it is forced to find solutions to emerging problems. The most recent changes expected in the UK gambling market are aimed at tackling the problem gamblers.
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Monday, October 21, 2019
Learn to Spot Reliable Trading Setups: ANY Market, Any Market Time Frame / Interest-Rates / Learn to Trade
By: EWI
Hi Reader,
On October 23, you are invited for a rare, free opportunity to see for yourself how to use simple, everyday price charts to find reliable trade setups -- in any market and any time frame.
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Monday, October 21, 2019
How To Secure A Debt Consolidation Loan Even If You Have A Bad Credit Rating / Personal_Finance / Debt & Loans
By: Submissions
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Monday, October 21, 2019
Kids Teepee Tent Fun from Amazon by Lavievert Review - 15% Discount! / Personal_Finance / Money Saving
By: Anika_Walayat
The kids wanted a play tent, so after much searching of Amazon, decided to go with the Lavievert Teepee Childrens Indian Playhouse Cotton Canvas Tent (https://amzn.to/31rGpMY), given it's size should be ample to take several kids, and that it's canvas instead of plastic which many of these tents tend to be. Also like the fact came with wooden poles which are more realitic of a tepeee that the usual plastic or metal poles.
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Monday, October 21, 2019
Stock Market Stalls: Caution Ahead / Stock-Markets / Stock Markets 2019
By: QUANTO
Equity markets have once again moved to all time highs esp in the US but action at the top is dicey and looks suspicious.
Key stocks are analysed below and we can see the stall in momentum which is often a harbinger of things to come.
AMZN- Stalling under the 50-day moving average after back testing the up trend line. AAPL - Stalled out all week, flat to Friday's close. FB - Stalling at last months high, trying to bounce off the 50-day moving average but below the trend line. GOOGL - Stalling at resistance NFLX - Stalled and reversed at the channel line. Falling below the 50-day moving average. MSFT - Stalling at resistance, falling below the 50-day moving average today. ADBE - Stalled at the 50-day moving average, falling below the topping pattern neck line.
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Monday, October 21, 2019
Stock Market Crash Setup? / Stock-Markets / Stock Market Crash
By: Chris_Vermeulen
Our research team has been attempting to answer the question that seems to be on everyone’s minds right now – are we setting up another Black Monday type of event in the global markets and what should traders/investors know before the event potentially takes place. Our research team has spent the past few weeks trying to better understand the global economic events that took place 8 to 20+ years before the Black Monday event happened and have been particularly interested in the 10+ years just before the Black Monday event. Additionally, we’ll focus on the recovery event that took place after the Black Monday collapse completed.
In Part I of this article, we attempted to highlight some of the similarities of today’s global economic world to the scenario in the early 1980s. Many of you may not be old enough to remember the 1960s or 1970s, but at least one individual on our research team is old enough and was actively trading in 1985. His interpretation of the economic events prior to the 1987 Black Monday collapse and how they may be similar to today highlight some very interesting facets for our readers.
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Monday, October 21, 2019
More Stock Market Congestion (Distribution) / Stock-Markets / Stock Markets 2019
By: Andre_Gratian
Current Position of the Market
SPX: Long-term trend – There are no clear signs that the bull market is over.
Intermediate trend – Most likely building intermediate top.
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.
Daily market analysis of the short-term trend is reserved for subscribers. If you would like to sign up for a FREE 4-week trial period of daily comments, please let me know at ajg@cybertrails.com