Thursday, January 11, 2018
S&P 500 Fluctuates As Stock Market May Be Topping, Or Not? / Stock-Markets / Stock Markets 2018
By: Paul_Rejczak
Briefly:
Intraday trade: Our Wednesday's intraday trading outlook was bearish. It proved partly accurate, because the S&P 500 lost 0.1% following slightly lower opening of the trading session (-0.2%). The broad stock market fluctuates after its record-setting rally. There have been no confirmed negative signals so far. However, we can see some clear short-term overbought conditions along with an overly bullish investors' sentiment. Therefore, intraday short position is favored again. Stop-loss is at the level of 2,765 and potential profit target is at 2,710 (S&P 500 index).
Our intraday outlook is bearish today. Our short-term outlook is neutral, and our medium-term outlook is neutral:
Intraday outlook (next 24 hours): bearish
Short-term outlook (next 1-2 weeks): neutral
Medium-term outlook (next 1-3 months): neutral
Thursday, January 11, 2018
Gold Prices Rise To $1,326/oz as China U.S. Treasury Buying Report Creates Volatility / Commodities / Gold and Silver 2018
By: GoldCore
– Gold prices rise to $1,326/oz on concerns China may slow U.S. Treasury buying
– Equities fell sharply on the report as did Treasurys and the U.S. dollar
– Chinese officials think U.S. debt is becoming less attractive compared to other assets
– Trade tensions could provide a reason to slow down or halt U.S. debt purchases
– U.S. dollar vulnerable as China remains biggest buyer of U.S. sovereign debt
– Currency wars to return as China rejects U.S. hegemony in Asia
Thursday, January 11, 2018
Why Oil Should Be Supported in Weekly Chart / Commodities / Crude Oil
By: ElliottWave-Forecast
Hello fellow traders, in this blog post, we will discuss oil in a more bigger picture.
In the chart below, you can see crude oil futures on the weekly chart.
From the 02/08/2016 low, we can clearly see that the market has a potential 5 swing incomplete bullish sequence. It seems like that it is still in the fifth swing. The weekly target for us is between 68.53-86.82. Please note a 5 swing sequence is different than 5 waves impulse. Overall, we can conclude that we need more upside in oil and we suggest members to buy the instrument in 3-7-11 swings to the upside.
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Thursday, January 11, 2018
SPECTRE Microprocessor Security Flaw - Big Brother = You / Politics / Intelligence Agencies
By: Raul_I_Meijer
Happy belated new year. Belatedly. Thought I’d sit out a few days, since there wasn’t much news to be expected. And it did pan out that way, other than Trump bogarting the limelight; but then, that isn’t really news either. Anything he says or does triggers the expansive anti-Donald echo chamber into a daily frenzy. And frankly, guys, it’s not just boring, but you’re also continuously providing him with free publicity. At least make him work for some of it.
Then, however, the big microprocessor (chip) security ‘flaw’ was exposed. And that’s sort of interesting, because it concerns the basic architecture of basically every microchip produced in the past 20 years, even well before smartphones. Now, the first thing you have to realize is that we’re not actually talking about a flaw here, but about a feature. We use that line a lot in a half-jokingly version, but in this case it’s very much true. As Bloomberg succinctly put it:
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Thursday, January 11, 2018
US Dollar Could See Further Declines in Forex Markets / Currencies / US Dollar
By: Submissions
The US Dollar has had a tumultuous period over the last year, as optimism and pessimism have vied for broader control in the foreign exchange markets. Rallies in the stock market have emerged as the major victor, however, as investors seem to be reading the pro-growth agenda put forward by the Trump administration as a better precursor for improvements in corporate earnings (rather than in the US Dollar itself).
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Thursday, January 11, 2018
7 Market Forecasts 2018 from the Brightest Financial Minds I Know / Stock-Markets / Financial Markets 2018
By: John_Mauldin
In my fairly upbeat 2018 forecast, I predicted that the US economy and markets will probably hold up well, thanks to tax cuts and deregulation. That’s, of course, assuming the Federal Reserve gets no more hawkish than it already has.
Continuing my series of forecasts, here I’ll look at predictions from some of my most trusted friends and colleagues (subscribe to Thoughts from the Frontline to receive all my forecasts). Some disagree with my own views—and that’s perfectly fine. I want you to see all sides so you can make good decisions for your own family and portfolio.
I’ll let these forecasters speak for themselves in longer quotes than I usually allow, then add my own comments.
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Thursday, January 11, 2018
It’s Not Enough to Be Contrarian / Stock-Markets / Investing 2018
By: Chad_Champion
Barton Biggs was a guru hedge fund manager and global investment strategist.
He was also a serious student of World War II. His book Wealth, War & Wisdom is about what happened to stock markets and wealth during WW2.
Today is part one of a two-part series on the takeaways from this book.
This is important because it was during a time he calls “the most excruciating, destructive global disaster in all history.”
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Thursday, January 11, 2018
Stocks That Take One for A Roller Coaster Ride Through the Thick And Thin Of Every Single Investment Made / Stock-Markets / Stock Markets 2018
By: Kavinesh_A
Today stocks categorically are subject to a lot of affluence and positivity where everyone can look over it without any hesitation. The rapid growth of many companies has resulted in the stocks surging higher than ever in the markets with a lot of potential gains that are to be foretold coming to act. In the same dimension of situations, one can easily comprehend the many diverse ways of making money that are essentially a driving force to the activity that completely leads to a fresh new perspective with which one can always lead a hand to willfully ensure an act that is worth indicating the good indexes with. Where there is a strong line of defense that can very much entice the crowd with which there is completely new dimensions of finding out the best of symmetrical and systematic investments that can guarantee a very definite option worth trying for.Read full article... Read full article...
Wednesday, January 10, 2018
Police Arrest Tree Protester on Meersbrook Park Road, Sheffield / Local / Sheffield
By: N_Walayat
The Sheffield city council and it's contractor Amey remain determined to fell Sheffield's biggest trees apparently because the councilors signed a contract that contained a clause that x number of trees would be felled by y date, and so virtually every working day sees hundreds of Sheffielders out on the streets attempting to defend Sheffield's remaining big trees after near 6,000 have already been felled to date with tens of thousand of people supporting the campaign across several facebook groups.
Today saw witness to the Police arresting a tree protestor on Meersbrook Park Road for allegedly obstructing the highway.
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Wednesday, January 10, 2018
Stock Market Early Super Cycle Indications / Stock-Markets / Stock Markets 2018
By: Anthony_Cherniawski
We now early evidence of the start of Super Cycle Wave (c). The first item is an unfilled gap, which may be a hallmark of The Wave (c) all the way to the bottom. The second is the bounce may have ended at 2747.36, beneath the 2-hour Cycle Top. There may be another attempt at filling the gap, but should also remain beneath the Cycle Top. As a result, that may temporarily be our stop loss level. The urge to buy the dip has not been extinguished, so be prepared for some whipsaw. However, a repeated decline may start to weaken the resolve of those willing to buy the dip.
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Wednesday, January 10, 2018
Stock Market Aggressive Sell Signals / Stock-Markets / Stock Markets 2018
By: Anthony_Cherniawski
SPX opened beneath its Cycle Top support at 2748.11 and stayed beneath it. Thus far the bounces have been weak and new lows are being made. This may be a good place for an aggressive short position. A partial position is recommended until the decline develops further. Usually you want to take a short position on a bounce, but since the decline isn’t yet fully developed, be prepared for a pullback.
Wednesday, January 10, 2018
The 2018 Decline in Precious Metals / Stock-Markets / Stock Markets 2018
By: P_Radomski_CFA
The precious metals sector moved higher in the first days of this year, but based on yesterday’s decline and the current price levels, 2018 is already a down year for silver and mining stocks. Gold is almost flat. This is a subtle clue that the rally may have already ran its course. The confirmation comes from what happened yesterday. Miners continued their decline, invalidating the previous breakout, while gold finally joined the rest of the sector and started its own decline as well. Is the rally indeed over?
Most likely – yes. Let’s start today’s analysis with a look at gold’s performance (charts courtesy of http://stockcharts.com).
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Wednesday, January 10, 2018
Gold Hits All-Time Highs Priced In Emerging Market Currencies / Commodities / Gold and Silver 2018
By: GoldCore
– Gold at all time in eight major emerging market currencies
– A stronger performance than seen when priced in USD, EUR or GBP
– As world steps away from US dollar hegemony expect new gold highs in $, € and £
– Gold is a hedge against currency debasement and depreciation of fiat currencies
Wednesday, January 10, 2018
Small Business Tax Reform / Politics / Taxes
By: BATR
One aspect of the Republican Tax Reform that everyone can agree upon is that it is not perfect. Fox business reports in What tax reform really means for small businesses.
"Instead of lowering the tax rate on all pass-through businesses, the final bill allows pass-throughs to deduct up to 20% of income. But who can deduct how much depends on what type of business you run and a corresponding formula".
Stop right there. It should be entirely clear that the political realities and influence of corporate lobbyists supersede that of ordinary businesses.
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Wednesday, January 10, 2018
TMV : 3X Leveraged Short on US Treasury Bonds / Interest-Rates / US Bonds
By: Rambus_Chartology
TMV is a 3 X short the TLT 20 year treasure bond etf. This trade is based on the TLT. For well over three years now the TLT has been building out what looks like a massive H&S top with the top of the right shoulder now in play. I’m going to take an initial position and buy 250 shares of TMV, 3 X short the TLT, and buy 250 shares at the market at 18.83 with the sell/stop on a daily close below the right shoulder low on the daily chart for the TMV at 17.35. I’m anticipating the the right shoulder high on the TLT will be the ultimate high. There will be several more entry points if this trades starts to workout.
Wednesday, January 10, 2018
Here are the Key Levels in Gold & Gold Miners / Commodities / Gold and Silver 2018
By: Jordan_Roy_Byrne
The rally in Gold and gold mining stocks easily surpassed our expectations and targets. The strength has been far more than we anticipated. The gold stocks blew past their 200-day moving averages while Gold blew past $1300/oz. Now it is time to take a technical look and focus on the key support and resistance targets.
The strength of the rebound pushed the miners well beyond their 200-day moving averages and to their June and October highs. GDX is consolidating just below $24 while GDXJ is consolidating just below $35. If this consolidation turns into a correction then GDX and GDXJ could find support at their 200-day moving averages which are at $22.71 and $33.37 respectively. As you can see, should GDX and GDXJ be able to exceed recent peaks then they could rally towards important resistance levels. Those are $25.50 for GDX and $38 for GDXJ.
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Wednesday, January 10, 2018
Outlook for Crude Oil Prices / Commodities / Crude Oil
By: Donald_W_Dony
Traders for Light crude oil continue to see higher price levels over the near term. Front-month futures prices reflect their bullish outlook (chart 1).
The expectation is for $63 to $65 per barrel by late Q1.
The one caveat is that U.S. production appears set to explode later this year.
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Tuesday, January 09, 2018
Investment Advice That Probably No One Gave You Before / Stock-Markets / Investing 2018
By: John_Mauldin
BY PATRICK WATSON: Welcome to 2018.
Now is the time for New Year’s resolutions, so you might have important financial decisions to make.
If so, here’s a suggestion: Pay attention to that ugly prospectus, policy, or other disclosure that comes with your new stock or fund purchase. As you’ll learn in this article, it could save you from making a costly mistake.
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Tuesday, January 09, 2018
Blockchain Makeover of a Penny Stock / Companies / BlockChain
By: EconMatters
Blockchain can sure blow smoke in your face mistaking a dog for a super model, at least in the case of Long Island Ice Tea Corp (LTEA) now rebranded to Long Blockchain (LBCC) on Nasdaq.
What would you do if you are the executive of a Nasdaq-listed company getting a “deficiency notice” from Nasdaq threatening to delist your company unless the market value rose above $35 million for 10 business days in a row? Long Island Ice Tea did receive such warning in October.
Tuesday, January 09, 2018
S&P 500 Sets Another Record, But This May Be Short-Term Top / Stock-Markets / Stock Markets 2018
By: Paul_Rejczak
Briefly:
Intraday trade: Our Monday's intraday trading outlook was bearish. It proved partly wrong, because the S&P 500 gained just 0.2% following slightly lower opening of the trading session. The broad stock market continued its short-term uptrend, but it remained within a relatively narrow trading range. There have been no confirmed negative signals so far. However, we can see some clear short-term overbought conditions along with an overly bullish investors' sentiment. Therefore, intraday short position is favored today. Stop-loss is at the level of 2,765 and potential profit target is at 2,710 (S&P 500 index).
Our intraday outlook is bearish today. Our short-term outlook is neutral, and our medium-term outlook is neutral:
Intraday outlook (next 24 hours): bearish
Short-term outlook (next 1-2 weeks): neutral
Medium-term outlook (next 1-3 months): neutral