Wednesday, February 07, 2018
US Stock Markets & Cryptos Crashing… Is This The Big One? / Currencies / BlockChain
By: Jeff_Berwick
After the 666 point drop on the 33rd day of the year on Friday, which I said likely was a signal that things were going into play, the Dow Jones Industrial Average (DJIA) lost as much as 1,597 points by mid-afternoon on Monday.
The Dow ended up closing down 1,175 points, or 4.6% which was the largest single-day decline for the blue-chip index on a points basis in history.
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Wednesday, February 07, 2018
Gold Nearing Cycle Bottom / Commodities / Gold and Silver 2018
By: Jim_Curry
In terms of time, a short-term secondary low is due for Gold here in the current timeframe, originally projected for the February 7th date, but with the normal plus or minus variance of a day or two in either direction. The current decline comes as a result of the 10, 20 and 34-day cycles, each of which have been pointing south off the 1370 swing top - and with the combination of the same at or into normal bottoming territory.
The chart below shows the smallest of the above waves - the nominal 10-day cycle - which is currently 13 days along from its last labeled trough, and thus is looking for a short-term bottom:
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Wednesday, February 07, 2018
The “Free Lunch Trade” Market Bubble Has Burst… What’s Next? / Stock-Markets / Financial Markets 2018
By: Graham_Summers
The markets just changed.
Few understand what happened to the financial system after 2008. What happened was that the debt based financial system began to implode as debt deflation took hold. The scary thing is that it wasn’t even a large amount of debt deflation.
Remember the 2008 Crisis? That time when everyone thought the world was literally going to end? It’s that small dip in the dotted line below:
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Wednesday, February 07, 2018
Stock Market Analysis: Baying for Blood / Stock-Markets / Financial Markets 2018
By: Abalgorithm
The wall street bear has woken up. The Dow Jones Industrial Average posted its largest-ever, single-day point decline and major indexes in the U.S., Europe and Asia gave up their gains for the year.The Dow briefly dropped nearly 1,600 points. Although it quickly pared losses, the blue-chip index closed down 1,175.21 points, or 4.6%, to 24345.75, its largest one-day percentage decline since August 2011.
At the time of writing the futures were further down to 2550 from the close of 2639. That is an important level of support. However we expect it to be tested.
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Wednesday, February 07, 2018
How to Grow Dragon Fruit Trees From Seed, Germinate and Growth Over 1 Year UK / Personal_Finance / Gardening
By: Adnaan_Walayat
It's going to be spring soon so many gardeners are probably already wondering how they will liven up their homes and gardens, of what seeds to plant to grow flowers and fruits. Maybe thinking of including a few exotics. In which case this video shows how to EASILY AND SUCCESSFULLY germinate and grow Dragon Fruit trees from seeds! It's literally child's play! And don't worry about trying to find seeds because the Dragon Fruits sold in your local supermarket will do just fine!
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Wednesday, February 07, 2018
Shocking: Insider Trading Announcement / Companies / Corporate News
By: OilPrice_Com
James Stafford here.
I'm the Intelligence Director here at OilPrice.com...
And I have a major announcement regarding insider trading in the energy markets.
You'll soon see it all over the news...
Tuesday, February 06, 2018
Stock Market Wild Ride About to Get Wilder... / Stock-Markets / Stock Markets 2018
By: Anthony_Cherniawski
SPX had a wild morning after the excitement of the overnight market. I left yesterday’s Fib scale on the chart to help tell us what is happening in a fast moving market.
The Wave 1 low was at 2638.17, where I left the bottom of the Fib scale
The Wave [a] high was only 2698.65. You can see the top of the hourly bar there.
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Tuesday, February 06, 2018
Will Hawkish Fed and Strong Payrolls Blow Out Gold Rally? / Commodities / Gold and Silver 2018
By: Arkadiusz_Sieron
At the end of last week, gold encountered a couple of headwinds. Will they topple the yellow metal?
First Gust of Wind: Fed
As we predicted, the last FOMC meeting turned out to be more hawkish than expected. On January 30, we wrote:
(…) the Fed has its own meeting this week. We could see a hawkish strike, especially that it will be the last Yellen’s meeting and she has nothing to lose. The changing composition of the policy committee could also point to a more aggressive pace of rate hikes in 2018. If that happens, the U.S. dollar may catch its breath, which would exert downward pressure on gold prices.
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Tuesday, February 06, 2018
Gold Rises As Global Stocks Plunge and Bitcoin Crashes 70% / Commodities / Gold and Silver 2018
By: GoldCore
– Gold gains 0.6% in USD and surges 1.7% in euros and pounds
– European stocks fall more than 3% at the open after sharp falls in Asia
– DJIA falls 1,175 points, S&P 500 down 4.1% and Nikkei plummets 4.7%
– Gold rises from $1,330 to $1,342, £942 to £960 and €1,067 to €1,085 /oz
– Bitcoin crashes another 10% and has now plummeted by 70% to below $6,000
– Increased risk aversion will drive safe haven demand for gold as its hedging properties are appreciated again
Tuesday, February 06, 2018
Dow Stock Market Crash Dow Forcast Target - Video / Stock-Markets / Stock Markets 2018
By: Nadeem_Walayat
The Dow crashed by 4.6% on Monday, closing down 1175 points at 24,345, the largest one day points drop in the Dow's stock market history, wiping out ALL of the gains for 2018 in just a couple of trading days. With bullish sentiment now turning to Fear of what could follow now that the Trump Bubble appears to have finally burst! Especially given the fact that the stock market was falling INTO yesterdays close which implies a continuation of the sell off when Wall Street opens later today (Tuesday).....
Tuesday, February 06, 2018
Is Stock Market Short Volatility Contained Or A Canary? / Stock-Markets / Stock Markets 2018
By: Brady_Willett
On Janet Yellen’s last day as Fed boss the markets suffered their worst percentage loss in 20-months. Yesterday, on Jerome Powell’s first day as Fed Chairman, the VIX spiked by its largest amount on record and the Dow suffered its largest single day point drop ever (and 100th worst percentage drop in history). Intent on showering us with some logic as prices rain lower, the media tells us that last week’s jobs report is responsible for the ongoing collapse. But what the majority of the mainstream media and Wall Street (or the heads that talk their book in the mainstream) neglects to mention is that for the last 8+ years we have been living in a risk devoid wasteland of rigged prices, thanks in the large part to the Fed.
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Tuesday, February 06, 2018
Gold, U.S. Dollar, And Inflation / Commodities / Gold and Silver 2018
By: Kelsey_Williams
Gold is all the rage right now. And some apparently think that if you aren’t outright ‘bullish’ you are unaware or unintelligent.
Those who ply the trade for a living (i.e. advisors, investors, traders, writers) all seem to be on the same page. Even fundamentalists and technical analysts are teammates. Sort of.
The U.S. dollar is in the headlines, so naturally, most of the explanations and expectations for gold’s ‘big move’ center on U.S. dollar weakness. And they should. But some additional explanation is necessary. Some say that a weaker U.S. dollar ’causes’ a higher gold price. That is like saying that lower interest rates cause higher bond prices. That’s not the way it works.
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Tuesday, February 06, 2018
Trump Bubble Bursts, Stock Market Panic Dow 1175 Point Crash Analysis / Stock-Markets / Stock Markets 2018
By: Nadeem_Walayat
The Dow crashed by 4.6% on Monday, closing down 1175 points at 24,345, the largest one day points drop in the Dow's stock market history, wiping out ALL of the gains for 2018 in just a couple of trading days. With bullish sentiment now turning to Fear of what could follow now that the Trump Bubble has finally burst! Especially given the fact that the stock market was falling INTO the close which implies a continuation of the sell off when Wall Street opens later today (Tuesday).
Tuesday, February 06, 2018
Gold Takes Center-stage in Dollar Scare / Commodities / Gold and Silver 2018
By: Michael_J_Kosares
Trump-Mnuchin qualifiers in dollar statements tell all
“While it’s [a strong dollar] described as a desirable and intended thing, it might not be a choice. The size of dollar holdings of reserves (in dollar-denominated debt) and the dollar’s role as the dominant world currency are anachronisms and large relative to what one would want to hold to be balanced, so rebalancings should be expected over time, especially when U.S. dollar bonds look unattractive and trade tensions with dollar creditors intensify.” – Ray Dalio, Bridgewater Securities
Much is made of the direct inverse correlation between gold and the dollar, but acknowledging that relationship does not really get us anywhere. The bigger question is whether or not the dollar will continue to track lower as it has over the past 18 months or will it suddenly reverse course and head higher.
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Tuesday, February 06, 2018
Hostilities - Bitcoin, Stocks, America.... / Politics / US Politics
By: James_Quinn
I don’t like going to the movies. Too much hassle, too many commercials and previews, too expensive, and 90% of the movies are worthless drivel, SJW inspired crap, or government buoyed propaganda. Last weekend was my wife’s birthday and she wanted to see a movie. When she shockingly suggested a western, I reluctantly agreed. So my wife and one of my sons got in the car and headed to an old Franks theater in Montgomeryville that only charges $8.50. I had seen a brief review of Hostiles on-line and saw it got a decent rating on rotten tomatoes. I was looking forward to being mildly entertained.
The next two hours and fifteen minutes of this dark, somber, violent, morally ambiguous treatise about the old west cannot be described as enjoyable. But I did find it riveting and thought provoking. Christian Bale, as Captain Joseph Blocker, mournfully carries out his duties without a single smile crossing his bearded countenance for the entire movie. The tone, atmosphere and message of this film reminded me of my favorite western and subject of the final part of my five part series based on Clint Eastwood movies – Unforgiven. One of the soldiers in Hostiles even has dialogue almost matching Will Munny’s foreboding exchange at the end of Unforgiven:
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Tuesday, February 06, 2018
Land Rover Discovery Sport, What to Know Before Buying - 2 Month Owner Drivers Review / ConsumerWatch / Motoring
By: N_Walayat
This is my comprehensive review after owning and driving a Land Rover Discovery Sport for 2 months, of what to expect if your considering buying one as it does take a few weeks of real world driving before one is fully aware of the cars good and bad points, such as the pretty feeble plastic trim that tends to surround Discovery Sports, the rattling sound that many owners tend to experience again apparently from poor quality trim.
So whilst the Discovery Sport looks great on the driveway and generally also drives well, in many other respects my 11 year old Zafira was better i.e. the back two seats are seriously lacking in leg room, definitely not enough space for adults! And what's worse is that real world fuel economy performance will come nowhere near Land Rovers sales pitch of the DISCO doing 53.3 MPG. Then we have the fantasy of the first oil service change at 21,000 miles, when in reality the car will be requesting an oil change much sooner! So watch my 2 month drivers and owners review for what you need to beware of before you buy one. Where this HSE Black was bought from Hunters in Chester.
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Tuesday, February 06, 2018
Silver and Mining Stocks Fresh New 2018 Lows / Commodities / Gold and Silver 2018
By: P_Radomski_CFA
Silver was just breaking to new highs, gold stocks (HUI) were above the 205 level and gold was at levels not seen since August 2016. Gold and silver bulls were cheering. They are not cheering anymore. Even though the above was the case just several days ago, it was all invalidated, just like we expected it to be. Based on what happened on Friday, silver and mining stocks are at their new 2018 lows and their entire 2018 performance is a one huge bearish reversal. Where will precious metals in the following weeks?
Lower. Likely much lower.
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Monday, February 05, 2018
Gold Corrects, Bitcoin Markets Crash, Whilst Stocks Plunge / Stock-Markets / Financial Markets 2018
By: Nadeem_Walayat
Bitcoin's $20,000 bubble mania peak of Mid December that valued the crypto currency at $320 billion has long since been left in the dust as Bitcoin has crashed well below $10,000, wiping out $170 billion of the value of participants holdings. All whilst the crypto coin gamblers obsessed by all things block chain have largely remained in a state of denial, focused on bitcoin soaring to over $50,000 despite its real inverse trend trajectory as tends to happen at the end of market manias.
And so it has been the case since I published my opening Bitcoin forecast of the year over a month ago when the crypto was trading at USD 14,000, warning that the Bitcoin price was likely to continue crashing towards $5,000, a forecast that was met with denial from many in the bitcoin community.
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Monday, February 05, 2018
Global Synchronized US Bond Collapse / Interest-Rates / US Bonds
By: Michael_Pento
We have all heard, in ad nauseam fashion, Wall Street’s current favorite mantra touting a global synchronized economic recovery. For the record, global GDP growth for 2017 was 3.7%, according to the International Monetary Fund. And, although this is an improvement from recent years, you must take into account that in 2004 it was 4.4%, in 2005 it was 3.8%, in 2006 it was 4.3%, and in 2007 it was 4.2%. The Point being, it’s not as if the current rate of global growth has climbed to a level never before witnessed in history—it’s not even close.
However, the more salient phenomenon now underway—far more important than the rather pedestrian move higher in global GDP--is the globally synchronized bond collapse, which the Main Stream Financial Media is dismissing with alacrity. Yields are on the move higher around the world and the rate of change is now escalating.
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Monday, February 05, 2018
“Strong Dollar,” “Weak Dollar,” What About a Gold-Backed Dollar? / Currencies / US Dollar
By: Antonius_Aquinas
The recent hullabaloo among President Trump’s top monetary officials about the Administration’s “dollar policy” is just the start of what will likely be the first of many contradictory pronoucements and reversals which will take place in the coming months/years as the world’s reserve currency continues to be compromised. So far, the Greenback has had its worst start since 1987, the year of a major stock market reset.
The brief firestorm was set off by Treasury Secretary Steven Mnuchin who said in response to the dollar’s recent slide, “Obviously, a weaker dollar is good for us, it’s good because it has to do with trade and opportunities.”* Mnuchin backtracked a bit as international financial leaders criticized the apparent shift in policy while Administration officials sought to clarify the Secretary’s remarks. President Trump weighted in on the matter saying, “Ultimately, I want to see a strong dollar” and added that Mnuchin’s comments were “taken out of context.”
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