Monday, July 16, 2018
(Only) a Near-term Stock Market Top? / Stock-Markets / Stock Markets 2018
By: Andre_Gratian
Current Position of the Market
SPX: Long-term trend – The bull market is continuing with a top expected in the low 3000s.
Intermediate trend – In spite of recent market action, the intermediate trend from 2873 may have to extendits corrective phase.
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, July 16, 2018
Trump Fee-Fi-Foe-Fum Declares European Union America's Enemy! / Politics / New World Order
By: Nadeem_Walayat
Trump ended his whirlwind or rather hurricane tour of Europe and the UK that included a NATO summit where he lambasted the likes of Germany for free riding on the backs of American defence spending for decades, and a four day tour of the UK where he met British Prime Minister Theresa May where during a joint press conference Trump declared that Boris Johnson would make a great Prime Minister. And that Theresa May had ignored his advice on how to deal with the European Union in respect of Brexit which Theresa May later jokingly revealed on the Andrew Marr show was to forget about negotiating with the EU but instead to SUE the EU.
Sunday, July 15, 2018
US Stocks Set For Further Advances As Q2 Earnings Start / Stock-Markets / Stock Markets 2018
By: Chris_Vermeulen
The upside price moves recently in the US Equities markets have been dramatic. While many people believe the US Equity markets are overvalued and setting up for a top, we believe just the opposite – that the US Equity market and strong US Dollar are attracting capital and investment from numerous internal and external sources. We also believe the Q2 2018 earnings season, which is just about to begin, could be an additional driving force for further price advances – with big upside moves ahead.
Sunday, July 15, 2018
The True Meaning of Russian ‘Collusion’ / Politics / US Politics
By: Raul_I_Meijer
The indictment by Special Counsel Robert Mueller, whose task it is to investigate possible collusion between the Trump campaign and ‘Russians’, that was released yesterday by Deputy AG Rod Rosenstein, raises so many questions one has to be picky.
Many people have already stated that the report contains no proof of anything it claims, and that Mueller doesn’t have to prove a thing, because the 12 Russians he accuses will never show up in a US court. Many of course also have at least questioned the timing of the release, 3 days before the Putin-Trump summit in Helsinki, of information Mueller and Rosenstein have allegedly been sitting on for months.
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Sunday, July 15, 2018
The US Dollar Crash of 2018 Has Begun / Currencies / US Dollar
By: Austin_Galt
Previous analysis updated – in previous analysis produced on the 21st June 2018, I called the high of the rally at 95.22. This was wrong. It traded marginally higher, 3 pips in fact, putting in a high of 95.25 on the 28th June. It now appears as if it is all systems go for the mini crash of 2018. This should, in my opinion, be confirmed next week with follow through to the downside.Read full article... Read full article...
Sunday, July 15, 2018
Stock Market vs. Gold, Long-term Treasury Yields, 10yr-2yr Yield Curve 3 Amigo's Update / Stock-Markets / Financial Markets 2018
By: Gary_Tanashian
You have better things to do than read droning macro analysis or long, drawn out investment theses. It is a weekend in the dead of summer and for that reason we go easy this week; real easy.
The 3 Amigos are here to simply say that things are as they have been, with Amigo #2 (long-term yields) getting home and pulling back on cue, and the other two (SPX/Gold ratio & Yield Curve) still in process and indicating risk ‘on’ and ‘boom on’, respectively.
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Sunday, July 15, 2018
Buying Used Car From UK Dealer - Alloy Wheels Trick Revealed After 1st Wash! / ConsumerWatch / Motoring
By: HGR
Here's what I discovered after I first washed my 16 month old Land Rover Discovery Sport that I bought from a Land Rover Dealer. One of the little tricks the dealers / sellers tend to pull on buyers. A valuable lesson learned that I am sharing with all so you also don't fall for similar tricks.
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Saturday, July 14, 2018
China vs the US - The Road to War / Politics / China US Conflict
By: Richard_Mills
In 2016 Steve Bannon, President Donald Trump’s former chief strategist, declared that there was no doubt, in his mind, that the US would go to war with China in the South China Sea in the next five to 10 years.
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Saturday, July 14, 2018
Uncle Sam’s Debt-Money System Is Immoral, Tantamount to Theft / Interest-Rates / US Debt
By: MoneyMetals
Mike Gleason: It is my privilege now to welcome in Keith Weiner, CEO and Founder of Monetary Metals, and President of the Gold Standard Institute USA. Keith is a hard money advocate who has been an outspoken proponent for the gold standard and restoring sound money to our nation's monetary system. Keith has a PhD from the New Austrian School of Economics, and his articles have appeared in numerous publications on Internet sites throughout the globe, and it's a real pleasure to have him on with us today.
Keith, thanks so much for taking the time, and welcome.
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Saturday, July 14, 2018
Staying in a Caravan - UK Summer Holidays 2018 - Cayton Bay Hoseasons Holiday Park / Personal_Finance / Holidays
By: Anika_Walayat
Thinking of booking a caravan park for summer holidays UK 2018? Then look no further than in this series of videos of what it's like to holiday at a UK caravan park. This is at the Hoseasons Caravan Park at Cayton Bay, North East England, not 10 miles from Scarborough. In our third video in this series we take a look at what it's like to actually live in a caravan, is there enough room? What's it like to sleep in, to Cooking? To experiencing what it's like when it rains. So get a taste of what it's like to stay in a caravan before you book.
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Saturday, July 14, 2018
Gold Stocks Summer Lows / Commodities / Gold and Silver Stocks 2018
By: Zeal_LLC
The gold miners’ stocks have been drifting sideways to lower like usual in their summer doldrums. They are likely near their major seasonal lows ahead of a strong autumn rally, a great buying opportunity. Gold rebounding higher will be the primary driver fueling the gold-stock advance, dispelling today’s bearish psychology. And strong Q2 production growth will likely play a sizable role in restoring favorable sentiment.
Market summers have long been gold’s weakest time of the year seasonally. Junes and early Julies in particular are simply devoid of the big recurring demand spikes seen during most of the rest of the year. With traders vacationing to take advantage of warm sunshine and kids being out of school, markets take a back seat. So there’s no outsized gold buying driven by income-cycle or cultural factors this time of year.
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Friday, July 13, 2018
Trump US Trade War With China, Europe Consequences, Implications and Forecasts / Politics / China US Conflict
By: Nadeem_Walayat
And so the Trade War begins as Trump delivers on his 'America First' election slogan where at the top of his agenda is for a destructive Trade War against not just China but the whole world, which Trump sees as correcting decades of erroneous US trade policies that saw the Chinese totalitarian state literally handed trillions of dollars to invest in it's civil and military infrastructure, modernising it's third world economy at an unprecedented lightening speed, trillions of dollars coupled with valuable intellectual property stolen from the West that has put China on the fast track towards ultimately threatening US global supremacy with their own Empire that Trump chaotically has tasked himself towards preventing.
Friday, July 13, 2018
Tariffs “Trump” Tax Cuts / Politics / Protectionism
By: Michael_Pento
China appears to have more to lose from a trade war with the US simply because the math behind surpluses and deficits renders the Bubble Blowers in Beijing at a big disadvantage. When you get right down to the nuclear option in a trade war, Trump could impose tariffs on all of the $505 billion worth of Chinese exported goods, while Premier Xi can only impose a duty on $129 billion worth of US exported goods--judging by the announcement on July 10thh of additional tariffs on $200 billion more of China’s exports to the US we are well underway towards that end. However, this doesn’t mean China completely runs out of ammunition to fight the battle once it hits that limit.
Friday, July 13, 2018
Berkshire Hathaway Stock Aiming for Recovery / Companies / Company Chart Analysis
By: ElliottWave-Forecast
Berkshire Hathaway (Class A NYSE: BRK.A – Class B NYSE: BRK.B) is currently the seventh largest company in the S&P 500 Index by market capitalization. The company ,lead by Warren Buffett, has averaged an annual growth in book value of 19.0% to its shareholders since 1965.
Berkshire Hathaway Class B NYSE: BRK.B is one of the main stock within the Financial Select Sector SPDR Fund XLF. Year-to-date, the whole financial sector is still pointing in the negative side and not seeing any profit yet.
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Friday, July 13, 2018
Gold Standard Requirements & Currency Crisis / Commodities / Gold and Silver 2018
By: Jim_Willie_CB
The United States has three requirements in returning to the Gold Standard. They will be extremely difficult to achieve. They each serve as essential requirements in a criterion. All three are urgently needed. The challenge is formidable for the nation to remain as a leading player in the global economy. The United States stands alone in volume of national debt. Many place the blame on the social net like welfare, Social Security, and other measures. However, the biggest element is clearly the military budget, hardly for defense in the last two decades. As CEO Jack Ma of Alibaba stated so succinctly, the USGovt has spent $25 trillion on the military with nothing to show for it except decayed infra-structure and global animosity for its aggression. A major item in recent years for the deficits has been Medicare, which is full of fraud and waste. Another major item is the raft of pensions like for government service, judicial service, and military service.
Friday, July 13, 2018
Focus on the Greenback, Will USD Fall Below Euro 1.6? / Currencies / Forex Trading
By: Nadia_Simmons
Although last week’s decline took the USD Index under the late June’s lows, currency bulls didn’t break down with this deterioration and responded to their rivals fairly in previous days. Thanks to their determination, the greenback has wiped out most of the recent decline, which in combination with several other positive factors about which we wrote in today's Forex Trading Alert suggests that ...
Before, we analyze the current situation in our currency pairs, let’s examine the short-term picture of the USD Index.
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Friday, July 13, 2018
Stock Market Outlook 2018 - Bullish or Bearish / Stock-Markets / Stock Markets 2018
By: Sol_Palha
There is no absurdity so palpable but that it may be firmly planted in the human head if you only begin to inculcate it before the age of five, by constantly repeating it with an air of great solemnity. Arthur SchopenhauerFinancial experts continue to state that the markets are going to crash, even though their record since this bull market started back in 2009 has been dismal to the say the least. To complicate matters, some of these same experts suddenly jump ship and start to paint a bullish picture until the markets start to pull back. Then they falsely assume that the markets are going to crash and start singing the “market is going to crash” song again.
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Friday, July 13, 2018
Rising Inflation is Not Bearish for Stocks / Stock-Markets / Stock Markets 2018
By: Troy_Bombardia
Inflation is on the rise. Yesterday’s CPI reading saw inflation rise 2.8% year-over-year.
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Friday, July 13, 2018
Bitcoin Picture Less Than Pretty / Currencies / Bitcoin
By: Mike_McAra
The move up seemed to be continuing and the first impression was that we were seeing a first period of appreciation in some time. But the operative word here is “seemed.” If we take a closer look at what the current environment really is, the picture is far less pretty.
Bitcoin has been around for close to a decade now. Yet we haven’t seen much in the way of research on the Bitcoin network and the principles governing it. Sure, there have been studies analyzing the system from an economic point of view, but their number has been low relative to other topics covered by economic research. In other words, Bitcoin hasn’t been researched that much by people from academia. Against such a backdrop, it is interesting to see new papers taking on the problem of incentives in the Bitcoin network. In an article on the MIT Technology Review website, we read:
Friday, July 13, 2018
How International Observers Undervalue the Chinese Bond Market / Interest-Rates / China
By: Dan_Steinbock
Criticism is typical of vibrant international media. Yet, prejudiced biases in financial matters have the potential to harm investors worldwide. The Chinese bond market is a case in point. Not only is China’s bond market growing explosively, but it has become diversified and provides broad investment options to both Chinese and foreign investors.
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