Wednesday, June 06, 2018
SPX Extends But in a Limited Range / Stock-Markets / Stock Markets 2018
By: Anthony_Cherniawski
SPX futures are higher this morning as they progress toward their ultimate target at/near 2762.00. The Cycles Model has tomorrow tagged as the turn date, but we should see waning strength and possibly a turn in the indicators as early as today. The hourly Trading Bands are very tight, suggesting a reversal is coming in the SPX.
ZeroHedge reports, “Global stocks, US equity futures and Treasury yields extended gains while the dollar slumped as "risk-on" sentiment returned after the U.S. and China exchanged trade proposals meant to avoid an escalation of economic tensions, while European bonds declined and the euro strengthened following a Bloomberg report and hawkish comments from ECB speakers suggesting that the ECB's next, June 14 meeting will be "live" to debate the end of QE.”
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Wednesday, June 06, 2018
Russell 2000 Leading The Stock Market Charge Higher / Stock-Markets / Stock Markets 2018
By: Chris_Vermeulen
While the US majors continue to push higher through recent price rotation levels, the IWM (Russell 2000 ETF) is showing investors where strength lies in the markets. Recently, we issued a research report showing that a massive dynamic shift is beginning to take place in the US market that provides an incredible opportunity for investors. Now, we have further proof that this shift is well underway and is likely much further along than we initially expected.
The Russell 2000 is one component of the US market that often reacts to market strength and weakness a bit differently than the S&P, DOW or NASDAQ index. The reason for this is that the Russell 2000 index makes up a broader scope of trading symbols that represent a greater chunk of the total market segment. The US majors don’t always follow the Russell 2000, but when the Russell 2000 index breaks recent all-time highs on a broad push higher – we need to pay attention.
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Wednesday, June 06, 2018
Who Finances America's Borrowing? Recession Indicator for Independent Thinkers Part 2 / Economics / Economic Theory
By: F_F_Wiley
Have you ever lacked for information about America’s various debt burdens? Twenty-odd years ago, if you paid any attention to debt, you might have relied on original source data to stay current. But the times they are-a-changing, aren’t they? In today’s high-tech, data-rich world, anyone who follows financial news should know roughly where we stand with our borrowings. Whether you’re a mainstream media addict or a blog junkie, your daily dose includes more commentary than ever before on which types of borrowers are increasing their leverage and by how much.
For example, don’t bother to sit down and ready yourself before reading the following observations about debt ratios, they should come as no big surprise (but note that we’re comparing debt to the highest prior GDP reading, or peak GDP):
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Wednesday, June 06, 2018
Train to Win 2 Minute Spinning / Rotating Bar Hang Challenge at Theme Parks / Personal_Finance / Theme Parks
By: N_Walayat
Here is our definitive guide of how to beat the 2 minute / 100 second hanging from a bar challenge at theme parks such as at Alton Towers and Thorpe Park. Which includes our how to make your own spinning bar to train on. We also show at the end of the video of how we finally beat the challenge!
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Wednesday, June 06, 2018
USD IS POINTING HIGHER IN THE SHORT TERM / Currencies / US Dollar
By: Enda_Glynn
UPCOMING RISK EVENTS:
USD: Crude Oil Inventories.
EUR: N/A.
GBP: N/A.
JPY: N/A.
Wednesday, June 06, 2018
How Savvy Investors Do (and Don’t) Hedge against Inflation / Stock-Markets / Inflation
By: MoneyMetals
Inflation is a corrosive force that gradually – and sometimes rapidly – eats away at the nominal value of savings and investments.
It is perhaps the biggest threat looming on the horizon for millions of retirees who have been steered into assets marketed as “conservative” – such as dollar-denominated money market accounts, bonds, and annuities.
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Wednesday, June 06, 2018
Respite for Bitcoin Traders Might Be Deceptive / Currencies / Bitcoin
By: Mike_McAra
There seems to be some respite for Bitcoin traders. It might be tempting to take this breather as a sign of the tide turning. We highlight the reasons why you probably shouldn’t.
In the last couple of days, Bitcoin has gone up a bit. This has brought questions if the current move is only a correction within a decline or already an important sign of a shift in the market. In an article on CoinDesk, we read:
Bitcoin looks primed for a move to $8,000, but low trading volumes point to the risk of a bull trap.
The cryptocurrency broke through a key descending trendline (drawn through the May 6 high to the May 21 high) on Sunday, adding credence to last Tuesday's bullish outside-day candle and signaling a short-term bearish-to-bullish trend change.
Wednesday, June 06, 2018
Bottom Holds in Bitcoin, Ethereum: Price Must Prove Sentiments / Currencies / Bitcoin
By: Ryan_Wilday
Last week in my article, "A bottom in the crypto market, or more blood-letting?" I suggested that a bottom could be imminent, or that we had bottomed. I often look to our bellwethers, Bitcoin(BTC-USD) and Ethereum (ETH-USD), as signals for the larger crypto market.
I wanted to see $7085 hold in bitcoin and $495 in Ethereum. On May 28, bitcoin hit $7075, a nominal break and ethereum $505. So far, those levels have held, and we appear to have set up bullishly. As long as they do, we have a very bullish setup - the five-wave pattern off the April lows, which suggests this wave ii we believe bottomed that proceeds a larger third wave rally.
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Tuesday, June 05, 2018
Markets are Flat, Waiting for a Catalyst? / Stock-Markets / Stock Markets 2018
By: Anthony_Cherniawski
Good Morning!
I am having difficulty with investing.com this morning. Not sure it is my computer or theirs.
SPX futures are flat. We are seeing the calm before the storm. Yesterday was a Primary Pivot which may account for the top being made. Another Primary Pivot occurs on Thursday. The second Pivot in a week may direct us to the catalyst for the decline to begin.
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Tuesday, June 05, 2018
Cash ISAs Falling Out of Favour With Savers / Personal_Finance / ISA's
By: MoneyFacts
The Personal Savings Allowance (PSA) continues to take its toll on ISA returns, as it seems that savers are increasingly putting their cash elsewhere. Recently, the HMRC released statistics showing a decline in ISA subscriptions just one year after the PSA was introduced in 2016.
To coincide with these findings, the latest research from Moneyfacts.co.uk shows a stark difference between the returns that can be gained on cash ISAs and those on non-ISAs. Despite rates improving from a year ago thanks to last November’s base rate rise, the average ISA rate (1.18%) has fallen by around a third since 2013 (1.74%).
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Tuesday, June 05, 2018
Stock Market Predictive System Shows Nasdaq May Be Nearing A Top / Stock-Markets / Stock Markets 2018
By: Chris_Vermeulen
Our proprietary predictive modeling systems are showing us a core market dynamic that many people are completely unaware of right now. We are going to show you something in this post that is so valuable that you won’t believe we are sharing it with you. Why are we doing this you might ask? Because we want you to think about how different your daily trading routine would be like as a member of Technical Traders Ltd. and how our specialized research and proprietary modeling systems can assist you in staying ahead of the markets.
Tuesday, June 05, 2018
Land Rover Discovery Sport 1100 Miles ECO Mode Real MPG Fuel Economy Test / ConsumerWatch / Motoring
By: N_Walayat
In this video I answer the question of just how closely Land Rover Discovery Sports fuel economy compares against Land Rovers 53.3 MPG sales pitch, as knowing what a car will actually do under real driving conditions is a very important consideration when buying any new car. This test is of driving 1100 miles in ECO Mode so as to maximise fuel economy of what to expect from a 18 month old Land Rover Discovery Sport that has done about 14,000 miles from new where the driving was approx 50% on motorways (50-70 mph) and the balance on city driving.
Tuesday, June 05, 2018
Can Flowering Banana Plants Survive UK Winter Nov to March 2018? / Personal_Finance / Gardening
By: Sami_Walayat
Our big flowering and fruiting banana plants with little green banana fingers growing on them have been winterised during November 2017. However the UK is about to experience it's coldest winter in over 5 years (late Feb / Early March 2018), so despite winter care can our banana plants survive the harsh "beast from the east" UK winter ? Find out in our latest video in our growing banana plant videos in the UK series as we desperately try and bring last years flowering banana plants into summer 2018 where this video covers the period November 2017 to late March 2018.
Tuesday, June 05, 2018
Drama in Sheffield High Court as Labour Council Attempts to Send Tree Protestors to Prison / Local / Sheffield
By: N_Walayat
Four Sheffield citizens are in court this week for potential committal to prison for the part they played in Sheffield's anti street trees felling protests that have seen more than 20 arrests this year alone which culminated in an halt to tree fellings announced late March in the run up to the May 3rd local elections that saw Labour lose 5 council seats as a consequence of the Labour council and it's contractor May's tree fellings programme. The halt in street tree fellings continues as the protest drama now plays out in the high court in Sheffield this week.
Tuesday, June 05, 2018
Credit And Bank Cards Stop Working, Sending Masses Into Frenzy / Politics / War on Cash
By: BATR
The digital cashless empire took a huge credibility blow Friday as Visa card holders all over Europe were unable to make transactions.
Caused by an apparent ‘hardware failure,’ the widespread network outage affected large portions of the continent---a region that’s already made dangerous moves toward a cashless society.
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Tuesday, June 05, 2018
Progressive Google Internet Censorship / Politics / Google
By: BATR
You remember? "A long time ago in a galaxy far, far away...." also applies to a cosmos other than Star Wars. The degrading of free speech inevitably leads to censorship and a societal purge of ideas that conflict with the latest evolution of political correctness. The 21st Century version of book burning has gone digital and automated using Artificial Intelligence that applies algorithm filters to exclude the free exchange of different views and accounts of historic analysis. The most partisan progressive cannot maintain that the liberal bias which has now become the hallmark of Google's search results and news is based upon any objective standards of empirical information or fair and balanced reporting.
Tuesday, June 05, 2018
Two Key Events Will Unleash Gold / Commodities / Gold and Silver 2018
By: Jim_Willie_CB
TIMBER!! That is the standard cry in the forest industry among loggers who cut down giant trees, the warning to step aside for the great impact. GET READY FOR THE SIMULTANEOUS BANKING CRISIS IN THE THREE BIGGEST EUROPEAN ECONOMIES: GERMANY, FRANCE, ITALY. The United States and the London Centre will not be able to avoid the crisis.
Try that again. TIMBERRRR !! An event of monumental importance and impact is on the verge of occurrence. The largest bank in Europe is Deutsche Bank. Its credit default swap is rising in cost, while its stock price has entered single digits in a powerful decline. The great D-Bank, site of the European office in management of the multi-$trillion derivatives, is on the verge of financial failure. It is the largest bank in all of Europe. All of its business segments are impaired and losing money in a hemorrhage. Furthermore, it is a big bond holder for Italian Govt Bonds. The Italian banking system is in the death throes, which has finally been recognized. Their recent elections openly debated pathways in the face of banking system failure, which the Jackass has been expecting for over a year in steady coverage with analysis. However, the bigger bond holder for Italian debt is France. Expect a massive bank crisis to emerge very soon that wrecks Societe General and BNP Paribas, its two largest banks.
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Tuesday, June 05, 2018
What the Bond Markets Are Finally Saying About Italy / Interest-Rates / Italy
By: Harry_Dent
Over the years I’ve spent much time talking about Italy as the next ticking time bomb for Europe and the global banking system.It’s government debt is the third highest in the world at 132% of GDP, coming only after Japan and Greece.
Its private debt is 23% of the Eurozone versus Greece’s 3%.
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Monday, June 04, 2018
Catalyst for the Next Financial Crisis / Stock-Markets / Financial Crisis 2018
By: Michael_Pento
The cause of the Great Recession circa 2008 was collapsing home prices that led to an insolvent banking system. However, the next economic crisis will result from the bursting of the worldwide bond bubble and its devastating effect on asset prices.
One of the dangers from spiking borrowing costs is the shutting out of distressed corporations from capital markets, which will inhibit their ability to roll over and service existing debt. This will lead to a massive increase in the number of insolvent corporations.
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Monday, June 04, 2018
Unbelievable Analogy in Gold & Silver / Commodities / Gold and Silver Stocks 2018
By: P_Radomski_CFA
Gold moved lower in May and it’s also down in June, but the price action is far from being spectacular. The overall volatility is still very low and the situation in the precious metals sector is simply extremely boring. But with May now being over and with a new month, new factors are likely to come into play and the odds are that this month will be anything but boring. Especially, if we see the continuation in the analogy that practically nobody seems to realize.
Let’s move right to it and analyze the gold market from the long-term point of view.
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