Saturday, September 08, 2018

Long Term Gold and Currency Charts / Commodities / Gold and Silver 2018

By: Rambus_Chartology

Today I would like to update some of the PM charts we’ve been following to see how they’ve been progressing starting with the massive ten year H&S top on gold. Since the price action broke below the neckline several weeks ago it’s a week to week observation to see how the backtest is playing out. The backtest to the neckline comes in around the 1225 area with this weeks high at 1212.70 so the backtest held for another week. What we need to see next for the current move lower to continue is to see a new weekly close below the previous weekly low.

Saturday, September 08, 2018

Stock Market Weak September Start Like 1987, 1991, and 2001? / Stock-Markets / Stock Markets 2018

By: Troy_Bombardia

Earlier this week I said that September would probably be weak. So far this weakness has played out, with the S&P falling every day this past week.

There are only 3 other historical cases in which the S&P started September by falling 4 days in a row.

1. September 1987
2. September 1991
3. September 2001

Saturday, September 08, 2018

Website Monetization as a Formula for Success / Companies / Internet

By: Submissions

Do you believe that website monetization works? Many people are skeptical about the concept as they believe that you can find any premium content on Google if you look hard enough. The truth is that the internet is cluttered with content and to discover a valuable piece you have to dig very deep, and this will take a huge amount of your time. Monetization will work only if you know how to set up a business model right.  Unfortunately, most of us don’t know how to do this. But there are a few online tools that can help.

Saturday, September 08, 2018

The Bullish CoT Setups in Gold and Silver / Commodities / Gold and Silver 2018

By: Gary_Tanashian

You may know me as the guy using weird planetary alignments while assigning proper fundamentals to the gold sector, and recently even doing the same with a somewhat subjective and philosophical view of gold as an important counterweight or insurance component to a sensible portfolio. Or you may know me as the guy who confuses you with too many market indicators or annoys you with too many exposés of the more promotional and/or manipulative entities out there.

Or you may not know me at all.

If that is the case, let me introduce myself. My name is Gary and today I have a very simple post for your consideration. We will look at the now compelling views of the Commitments of Traders (CoT) data for gold and silver. While the prices of the metals are and have been technically bearish and the fundamentals are and have been poor, sentiment (CoT is ultimately a sentiment thing, after all) setups like those shown below should not be ignored. We are talking historic in silver and merely compelling in gold.

Friday, September 07, 2018

Congressmen Introduce Bill to End Taxation of Gold and Silver / Commodities / Gold and Silver 2018

By: MoneyMetals

Washington, DC (September 7, 2018) – The battle to end taxation of constitutional money has reached the federal level as U.S. Representative Alex Mooney (R-WV) today introduced sound money legislation to remove all federal income taxation from gold and silver coins and bullion.

The Monetary Metals Tax Neutrality Act – backed by the Sound Money Defense League, Money Metals Exchange, and free-market activists – would clarify that the sale or exchange of precious metals bullion and coins are not to be included in capital gains, losses, or any other type of federal income calculation.

Friday, September 07, 2018

Record Gold and Silver Shorts! / Commodities / Gold and Silver 2018

By: Zeal_LLC

Gold and silver were thrashed this past summer, relentlessly pounded to deep new lows.  That has fueled extreme bearishness, with traders convinced the precious metals’ fundamentals are rotten.  But epic all-time-record futures short selling by speculators was the real culprit.  These unprecedented shorts must soon be covered with proportional buying, which is super-bullish for gold and silver prices in the coming months.

Traders generally assume fundamentals drive short-term price action, that real imbalances in supply and demand push prices to market-clearing levels.  Unfortunately these core underlying dynamics are heavily distorted in gold and silver.  Futures speculators who never own these precious metals are able to wield wildly-disproportional outsized influence over their prices.  The main reason is extreme leverage inherent in futures.

Friday, September 07, 2018

Gold Asks: If Not Recession, Then What? / Commodities / Gold and Silver 2018

By: Arkadiusz_Sieron

We are on the verge of recession. The Fed tightens and in the past it has never ended well. Yield curve is almost flat. When it inverses, it will be the end. All the bubbles will burst, pushing the global economy into another crisis. It will be more serious than all the previous cases, especially given that Trump will trigger a trade war or maybe even a conventional one.

Have you heard these gloomy prophecies? We have. Many times, probably too many times. But what if they are wrong? Let’s run our imagination wild and think what if this time is really different. We know, we know: it isn’t. But, as a counterweight for all these pessimistic narratives, let’s see what is the most rosy scenario for the world – and what does it imply for the gold market.

Friday, September 07, 2018

The Stock Market is Experiencing “Sector Rotation”. Is this Bearish? / Stock-Markets / Stock Markets 2018

By: Troy_Bombardia

The stock market has been experiencing sector rotation recently.

1. Earlier this year: the NASDAQ outperformed the Dow
2. Now: the Dow is outperforming the NASDAQ (Dow is catching up).

Conventional technical analysis would have you believe that this is a bearish sign for the stock market. Conventional technical analysis states that “the bull market is dead when the leaders become laggards and previous laggards become leaders”.

Friday, September 07, 2018

How New Marketing Tactics Helped the Beauty Sector Grow / Companies / Marketing

By: Submissions

The methods in business marketing have changed drastically, especially in recent years , with the introduction of new technologies, which have improved communication tenfold. The main group that has been spearheading the evolution of marketing is none other than social media. As more and more people turn to these networking platforms, successful marketers need to go where their clients in order to stay in the game.

Friday, September 07, 2018

Gold Miners Setting Up for Big Rally / Commodities / Gold and Silver Stocks 2018

By: Jordan_Roy_Byrne

The recent rally attempt of the gold stocks fizzled out as the December 2016 lows failed to hold. Now the miners are making new lows. As they pine for the next support they figure to be even more oversold as more bulls throw in the towel. These are the conditions needed to engender a significant counter-trend rebound. While we aren’t predicting it yet, look for a bullish reversal to begin sometime in the next few weeks.

The gold stocks have lost their December 2016 support but strong support is not too far away. The breakdown in GDX below $21 projects to a measured downside target of roughly $16.50. That aligns with the next strong support level on the chart. The breakdown in GDXJ projects down to the $23-$24 area. That is very close to the next strong support level around $24-$25.

Friday, September 07, 2018

The Most Important Chart To Explain Why Stock Market Bears Lose Money / Stock-Markets / Stock Markets 2018

By: Avi_Gilburt

I have spoken about this many times in the past, but the fact is that very few understand our financial markets. While no one is perfect when it comes to being able to identify turning points in the market, I think we all know that there has been a significant increase in that lack of perfection when it comes to the US stock market over the last three years.

You see, many focus on the wrong factors when making decisions about the stock market. While events such as Brexit, Frexit, Grexit, rise in interest rates, cessation of QE, terrorist attacks, Crimea, Trump, Syrian missile attack, North Korea, record hurricane damage in Houston, Florida, and Puerto Rico, quantitative tightening, trade wars, and many more have scared investors into believing the bull market will come to an end, none of these events have even put a dent in this bull market as it has rallied 50% during this period.

Friday, September 07, 2018

UK Retail Sector Catastrophe - Toys R Us Woolworth's Moment - ALL Stores Closed Down! / Companies / Retail Sector

By: Nadeem_Walayat

I have been warning for several years now that the UK retail sector was facing a crisis that would result in several Woolworth moments of giant retailers going bust, closing down ALL of their stores. This year has seen the retail sector crisis turn into a catastrophe with several popular chains such as Maplins and Toys closing down ALL of their stores, with many more chains such as New Look, Debenhams and Marks and Spencer teetering on the brink, and not even the pound stores are immune to the unfolding high street catastrophe as illustrated by the fate of Poundstretcher.

Thursday, September 06, 2018

Crude Oil Price Likely To Find Support In Uptrend / Commodities / Crude Oil

By: Chris_Vermeulen

I have focused my attention on the recent price rotation in the Crude Oil market.  I believe the recent downside rotation in price, while technically still in a bullish trend, is an excellent opportunity for traders to identify entry positions for a potential price rally to levels near of above $70~71 ppb.

My proprietary price modeling systems and price cycle systems are clearly illustrating that Oil prices should find support, bottom and rotate higher within the next 5~7+ days.  I rely on these proprietary indicators and modeling systems to help understand when opportunities exist in the markets.  When I can determine that price is moving counter to a primary trend and creating what I call a “price anomaly”, where enhanced opportunity exists for a profitable outcome, I attempt to determine if this trigger warrants alerting our followers.  In this case, I believe the opportunity for upside price action following this price rotation is exceptional.

Thursday, September 06, 2018

Gold-Acquiring Foreign Powers Put Petro-Dollar in Jeopardy / Commodities / Gold and Silver 2018

By: MoneyMetals

President Donald Trump’s administration is playing a game of high-stakes international chess with Russia, Iran, Turkey, China, and other countries viewed as adversaries in trade and geopolitics.

It’s not necessarily the case that tariffs, sanctions, and blustering will result in a hot war. More likely, escalating strife between the U.S. and a bloc of much more populous adversaries will push them to unite more closely to undermine and ultimately dethrone King Dollar.

Thursday, September 06, 2018

Are Bitcoin and Gold Bottoming? / Commodities / Gold and Silver 2018

By: Mike_Paulenoff

Bitcoin plunged from 7385 to 6830, or 7.5%, Wednesday in reaction to a Business Insider report that Goldman Sachs has decided to drop a year-ago decision to create a crypto-currency trading desk.

Apparently, Goldman is "uncertain" about the regulatory environment. Hmm, really? Since when has Goldman shied away from forging a new path while it influences the architecture of a new regulatory environment?

Thursday, September 06, 2018

Mixed Stock Market, Topping Pattern or Just Pause Within a Rally? / Stock-Markets / Stock Markets 2018

By: Paul_Rejczak

Stocks were mixed on Wednesday, as investors continued to take profits off the table following the recent rally. The broad stock market remains relatively close to  its new record high. Is this a topping pattern or just pause before another leg up?

The U.S. stock market indexes were mixed between -1.2% and +0.1% on Wednesday, as investors hesitated following the recent record-breaking rally.  The S&P 500 index has reached the record high of 2,916.50 last week. It currently trades below 2,900 mark. The Dow Jones Industrial Average gained 0.1% and the technology Nasdaq Composite lost 1.2% yesterday.

The nearest important level of support of the S&P 500 index is at 2,875-2,885, marked by last week's Monday's daily gap up of 2,876.16-2,884.69 and yesterday's daily low of around 2,877. The support level is also at 2,860-2,865. On the other hand, the nearest important level of resistance is at 2,900. The next resistance level is at 2,910-2,915, marked by the mentioned last Wednesday's record high.

Thursday, September 06, 2018

China Contagion Risk is Now Spreading, And US Stock Market is NOT Immune / Stock-Markets / Stock Markets 2018

By: Graham_Summers

As we noted yesterday, the global financial system is beginning to experience its first taste of “contagion” risk in years.

US stocks remains clueless to this… but it’s doubtful that will continue

China (black line in chart below) has imploded and is in a full-blown bear market. The odds that the US stock market (blue line in charts below) can avoid what’s affecting China are low.

Thursday, September 06, 2018

China Economy Sneezed… Will the World Catch Cold? / Stock-Markets / Stock Markets 2018

By: Graham_Summers

The markets are getting downright ugly. If things don’t turn up soon we could be at the point at which the Everything Bubble begins to burst.

While US stocks have performed relatively well recently, globally things are looking worse and worse.

Germany’s DAX never reclaimed its former high established back in January. Instead it’s been carving out a massive Head and Shoulders pattern. Germany is the fourth largest economy in the world and heavily reliant on exports for growth. This chart pattern doesn’t bode well for global trade or growth.

Wednesday, September 05, 2018

Precious Metals Sector Now on a Long-term Sell Signal / Commodities / Gold and Silver 2018

By: The_Gold_Report

In his weekly precious metals market update, technical analyst Jack Chan charts the latest moves in the gold and silver markets.

Our proprietary cycle indicator is down.

Wednesday, September 05, 2018

GBP/CAD Could Gain Traction / Currencies / British Pound

By: FXOpen

GBP/CAD is trading nicely and it may perhaps rise towards the 1.7000 resistance.

Key Points

• GBP/CAD found support near 1.6600 and started an upside move.
• There was a break above a key bearish trend line with resistance at 1.6790 on the daily chart.