Monday, November 20, 2017
NZDUSD Broke Below Important Support At 0.6817 / Currencies / Forex Trading
NZDUSD extended its downside movement from 0.7557 to as low as 0.6780, breaking below an important support level at 0.6817. Further decline would likely be seen over the next several weeks.
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Monday, November 20, 2017
Bitcoin Price Blasts Through $8,000… In Zimbabwe Tops $13,500 As Mugabe Regime Crumbles / Currencies / Bitcoin
Bitcoin has just blasted to another new all-time high of $8,055!
But, that is the US dollar price.
Bitcoin often trades at higher prices in relation to other currencies, but none so much lately as the Zimbabwean “New Zim dollar.”
Sunday, November 19, 2017
Stock Market More Correction Ahead? / Stock-Markets / Stock Market 2017
Current position of the market
SPX: Long-term trend – The bull market is continuing with no sign of a major top in sight.
Intermediate trend – Soon coming to an end.
Sunday, November 19, 2017
Stock Investing: ETF Exposure in Emerging Middle Eastern Markets / Companies / Exchange Traded Funds
Stock investors that are looking to take positions in emerging markets have started to look to the Middle East in growing numbers. The United Arab Emirates (UAE) has proven to be one of the most stable economies in the region and, as a result, we have started to see more stock market selections offered through exchange traded funds. One name to watch here is the iShares MSCI UAE Capped ETF (NASDAQ:UAE), which is showing some interesting chart activity as it attempts to break out of its recent trading ranges.
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Sunday, November 19, 2017
Next-Generation Crazy: The Fed Plans For The Coming Recession / Interest-Rates / Recession 2018
Insanity, like criminality, usually starts small and expands with time. In the Fed’s case, the process began in the 1990s with a series of (in retrospect) relatively minor problems running from Mexico’s currency crisis thorough Russia’s bond default, the Asian Contagion financial crisis, the Long Term Capital Management collapse and finally the Y2K computer bug.
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Sunday, November 19, 2017
Morrisons Christmas 2017 More Points Bonus Last Chance! / Personal_Finance / Freebies and Comps
Today's your last chance to profit from Morrisons More Points Christmas 2017 Bonus. That could yield you as much as an extra £31.50 by the end of December just by shopping at Morrisons. And even if you miss out on the main bonus of £22.50, you still can easily get about £9. Find out how in our latest timely video.
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Saturday, November 18, 2017
Universal Credits Christmas Scrooge Nightmare for Weekly Pay Recipients / Politics / UK Benefits
The Universal Credits nightmare is set to continue for the working poor this Christmas as over 100,000 people look set to receive no payment over the festive season. The reason being that Universal Credit can not cope with something as simple as that there being 5 fridays (pay days) during December, where such months can tip recipients over the monthly limits for claiming Universal Credit as UC is not able to do the simple calculation of averaging earnings throughout a year that is the case for the likes of tax credits.
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Saturday, November 18, 2017
UK Financial Markets: Pros and Cons of Being a Private Investor / Personal_Finance / Investing 2017
By Dividend Investments : By definition, a private investor refers to a certain person or a private company who has privately held shares that are not traded in the stock market for investments. Thanks to newly-launched regulations, policies and online marketplaces, having private investments are becoming more common and accessible.
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Saturday, November 18, 2017
SPX Cycle Concern / Stock-Markets / Stock Market 2017
I have the SPX on just day two of a new short term Trading Cycle but many of the technical indicators I watch are showing signs that the momentum of the SPX’s longer 5-6 month Intermediate Cycle (IC) are starting to stall near the 3 month mark of the current IC Uptrend. My first Daily chart shows volatility has returned and we often see this at cycle turns. Yes we are on day 2 out of a TCL/DCL but my second chart also shows 3 key TA indicators that may be signaling a top forming on the SPX’s longer Intermediate Cycle.
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Saturday, November 18, 2017
Perspective on the Gold/Oil Ratio, Macro Fundamentals and a Gold Sector Bottom / Commodities / Gold and Silver 2017
This was going to be part of an NFTRH update, but I decided to make it public, as we’ll have plenty of other information to work on this weekend in NFTRH 474 after such an eventful market week.
With all due caveats about the non-stellar gold CoT data (we’ll update in #474) I wanted to note a constructive situation in gold vs. oil, which is a key sector fundamental consideration. Now, there is still a constructive situation in play for nominal crude oil, so take this post for perspective more than anything.
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Saturday, November 18, 2017
Facebook Traders: Tech Giant + Technical Analysis = Thumbs Up / Companies / Company Chart Analysis
See how two technical indicators, RSI and ZLR, helped anticipate the resumption of FB's uptrend -- back in May
Some days, the fundamental backdrop of the markets you follow is as peaceful and quiet as a Zen garden. The news cycle is calm and the mainstream predictions about price are clear.
Other days, though, that backdrop is as chaotic as the Jersey turnpike during rush hour; jackhammers of breaking news pound in your ears while the "horns" of prognostication honk in opposite directions.
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Saturday, November 18, 2017
Games Betting System For NCAA Basketball Sports Betting - Know Your Betting Limits / Personal_Finance / Gambling
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Saturday, November 18, 2017
Universal Credit Doomsday for Tax Credits Cash ISA Savers, Here's What to Do / Personal_Finance / UK Benefits
Britain's hard working low paid tax credits benefit recipients are sleep walking towards their Universal Credits doomsday. Where typically a family of 4 jointly earning £16k per annum will currently be in receipt of £6,700 per annum of TC & WTC, whilst a family of 6 would typically receive £12,400, boosting their annual NET earnings to £28,400 that will have allowed many families to SAVE, without impacting on their tax credit benefit payments as long as the taxable interest earned is under £300. The key here being TAXABLE INCOME, which means interest earned on savings in tax free accounts such as Cash ISA's does not not impact on tax credit awards.
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Friday, November 17, 2017
Gold Mining Stocks Fundamentals Q3 2017 / Commodities / Gold and Silver Stocks 2017
The gold miners’ stocks have spent months adrift, cast off in the long shadow of the Trumphoria stock-market rally. This vexing consolidation has left a wasteland of popular bearishness. But once a quarter earnings season arrives, bright fundamental sunlight dispelling the obscuring sentiment fogs. The major gold miners’ just-reported Q3’17 results prove this sector remains strong fundamentally, and super-undervalued.
Four times a year publicly-traded companies release treasure troves of valuable information in the form of quarterly reports. Companies trading in the States are required to file 10-Qs with the US Securities and Exchange Commission by 45 calendar days after quarter-ends. Canadian companies have similar requirements. In other countries with half-year reporting, many companies still partially report quarterly.
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Friday, November 17, 2017
The Social Security Inflation Lag Calendar - Partial Indexing / Economics / Inflation
There is a lot of advice out there about Social Security - most of which is based on Social Security being fully inflation indexed.
However, as we will establish in this first in a series of analyses, Social Security is only partially inflation indexed. As a matter of design it does not fully keep up with inflation.
Sound like an obscure difference?
"Partial inflation indexing" is little understood by the general public, but it could transform your standard of living - along with the quality of life of millions of others - in the years and decades to come. Indeed, partial inflation indexing can mean effectively having only 11 months of benefit purchasing power- or even 8 months - to cover 12 months of expenses each year.
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Friday, November 17, 2017
Bitcoin Invalidates Breakdown / Currencies / Bitcoin
Square, a payment company, is playing around with Bitcoin. In an article on CNBC, we read:
Jack Dorsey's company is testing support for bitcoin through its Cash payments app.
"We're exploring how Square can make this experience faster and easier, and have rolled out this feature to a small number of Cash app customers," a Square spokesperson said via email to CNBC. "We believe cryptocurrency can greatly impact the ability of individuals to participate in the global financial system and we're excited to learn more here."
Friday, November 17, 2017
The Fed Isn’t “Confused” About Inflation… It WANTS You In the Dark! / Interest-Rates / Inflation
The Fed claims it’s “confused” as to why inflation remains so low.
The Fed isn’t confused at all. It intentionally measures inflation in ridiculous ways to guarantee that the “official number” remains nowhere near reality.
On top of this, we have factual evidence that Fed is in fact well aware that inflation is clocking in well above its 2% “target.”
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Friday, November 17, 2017
Mystery of Inflation and Gold / Commodities / Gold and Silver 2017
At the September FOMC press conference, Yellen admitted that subdued inflation was a puzzle for the Fed. She said:
“This year, the shortfall of inflation from 2 percent, when none of those factors is operative is more of a mystery, and I will not say that the committee clearly understands what the causes are of that.”
Actually, the chart below shows that inflation has been subdued for years. The last time when the CPI was above the Fed’s 2-percent target (formally set in January 2012) in a decisive and lasting way was in 2011 and at the beginning of 2012.
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Friday, November 17, 2017
Stock Market Ready To Pull The Rug Out From Under You! / Stock-Markets / Stock Market 2017
This week we got the news that the fed has finally reached its 2% inflation goal!
This is after 9 years of interest rates pinned on the floor,
And,
About 4.5 trillion in cheap credit flooded into government and wall st.
That is all it takes!
Now the central bank can rest easy as the target has been met and all is well with the world.
Right?
Friday, November 17, 2017
The New US-Chinese Globalization Opportunity / Politics / GeoPolitics
While US postwar policies in Asia are shifting, a new Sino-US historical opportunity has emerged. US and Chinese visions of globalization could still prove complementary.President Trump’s grueling 12-day Asia tour took place amid a worrisome historical moment. Since the mid-2010s, global economic integration - as measured by trade, investment and migration - has come to a standstill. Trade has been falling. Investment continues to stagnate. And slower migration has given rise to elevated global displacement and refugee crises - the worst since 1945.
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