Friday, November 10, 2017
Can Stocks and Bonds go Down at the Same Time? / Stock-Markets / Stock Market 2017
By: Anthony_Cherniawski
TNX gapped up this morning in a possible Wave [iii] of 3 of (5). I spent a considerable amount of time evaluating the Waves and Cycles to arrive at this construction of the Wave pattern. The fact that the Wave had become very oversold alerted me to the possibility of stocks and bonds both in decline. An index may often rally an average of 3 weeks after a Master Cycle low.
The view that bonds go higher as stocks go down is only a recent phenomenon. What if both go down in a liquidity crisis? For example, Japan or China may sell their treasuries to forestall their stock market declines.
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Friday, November 10, 2017
Gold Market 2017 Will We See a Replay of 2015 and 2016? / Commodities / Gold and Silver 2017
By: Arkadiusz_Sieron
In both 2015 and 2016, the price of gold bottomed in December, as one can see in the chart below.
Chart 1: Gold prices (London P.M. Fix) from January 2015 to October 2017.
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Friday, November 10, 2017
First Solar FSLR Recovery in Progress / Companies / Solar Energy
By: ElliottWave-Forecast
First Solar (NASDAQ: FSLR) designs and manufactures solar modules using a proprietary thin film semiconductor technology. The company has developed, financed, engineered, constructed and currently operates many of the world’s largest grid-connected PV power plants.
First Solar relies almost entirely on utility-scale projects which accounts for over half of the U.S. solar market and can be affected by the potential solar import tariffs by the Trump administration. However, preparation were already made to avoid such a step-back and the company booked 4.5 GW of panel and system sales in the previous quarter, more than it makes in a year.
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Friday, November 10, 2017
Oil markets turn bullish with shift to backwardation / Commodities / Crude Oil
By: ElliottWave-Forecast
This week both Brent Crude and WTI (Light Sweet Crude Oil) made a new price high in more than 2 years with Brent Crude rising to $64 per barrel and WTI to $57 per barrel. These price gains come before the OPEC’s meeting later this month on Nov 30. In the past two years, OPEC has imposed production cuts in its member countries in order to remove excess inventory and halt the price drop. In their last meeting on May, the cartel agreed to extend 1.8 million barrel a day cuts into the first quarter of 2018.
Friday, November 10, 2017
STOCKS HIT AN AIR POCKET……AGAIN! / Stock-Markets / Stock Market 2017
By: Enda_Glynn
Stocks got their fist little taste of pain yesterday as we close out this half cycle.
Full cycle losses in the coming bearmarket will extend to at least 60% in my estimation.
But it remains to be seen if this new decline is the beginning of something greater.
The DOW was down more than 250 points today in a possible series of 1,2 waves.
It is too early to say just yet,
But If I were a bull,
I might ask this question:
why do stocks nose dive, when everything is supposedly so great?
It has got to be a head sctratcher!
Friday, November 10, 2017
The Strange Behavior of Gold Investors from Monday to Thursday / Commodities / Gold & Silver Stocks 2017
By: Dimitri_Speck
Dear Investor,
You are undoubtedly aware of one or another stock market anomaly, such as e.g. the frequent weakness in stock markets in the summer months, which the well-known saying “sell in May and go away” refers to. Apart from such widely known anomalies, there are many others though, which most investors have never heard of. These anomalies can be particularly interesting and profitable for investors – and there are several in the precious metals sector as well. Today I am going to introduce one of those to you.
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Friday, November 10, 2017
BTCUSD Remains In Uptrend From 5020 / Currencies / Bitcoin
By: Franco_Shao
BTCUSD stays in a bullish price channel on its 4-hour chart and remains in the uptrend from 5020. As long as the price is in the channel, the pullback from 7887 could be treated as consolidation of the uptrend, and another rise could be expected after the consolidation.
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Friday, November 10, 2017
US-China Trade at Global Crossroads / Economics / Global Economy
By: Dan_Steinbock
Despite “America First” policies, President Trump’s economic agenda needs expanding trade with China.President Donald Trump began his grueling 12-day Asia tour amid US Special Counsel’s first indictments, which cast a shadow over the White House’s future.
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Friday, November 10, 2017
A “Silver” Lining In The Precious Metals Market / Commodities / Gold and Silver 2017
By: Avi_Gilburt
When I look at the 3 charts that I follow in the metals complex, they seem to be telling a different story today, at least in their micro structures.
Silver seems to have broken out of its downtrend, and can be viewed as having completed wave i of its (c) wave to the target box above. GLD seems to be stuck in neutral, with the same “potential” structure as silver, but without as much clarity to its micro count as silver has potentially presented.
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Friday, November 10, 2017
Stock Market Indexes Are in a Retracement Mode After Giving Their Signals / Stock-Markets / Stock Market 2017
By: Anthony_Cherniawski
The formation we see here is most likely a Leading Diagonal Wave (i). At the 2-hour scale we see a complete trip from top to bottom of the Cycle. A normal retracement would take Wave (ii) to the mid-Cycle resistance at 2584.39, which is a 58% retracement. The Fibonacci 61.8%, retracement is above the mid-Cycle resistance at 2585.29. It may not make it.
Friday, November 10, 2017
Where to Start Your Cryptocurrency Company / Companies / BlockChain
By: Submissions
A few years back when Bitcoin, the first cryptocurrency in the world, has made its way into the online environment, it wasn’t seen like something that would stick around for this long. Nowadays, not only has it earned its place among the most popular online payment methods, but it has started attracting enterprisers and companies to invest in businesses which create cryptocurrencies and blockchain technology.
Thursday, November 09, 2017
Psychological Warfare in the Precious Metals Markets / Commodities / Gold and Silver 2017
By: Rambus_Chartology
For almost a year now the PM stock indexes have been building out a triangle trading range that has yet to be determined if it is going to be a consolidation pattern or a reversal pattern. With big patterns one can lose sight of what is really there, as the longer a trading range develops the more trendlines one puts on a chart, and the more confusing things become.
Tonight I would like to show you, from a Chartology perspective, what the basic patterns are, from the short term to the longer term. The bigger a trading range the more chart patterns can develop before we see the final product. Sometimes it’s totally different from the early stages of the trading range. It’s important to clear ones mind of all the preconceived notions of what they think is happening to just what the charts are suggesting. It’s a hard thing for most investors to do because of all the things we read each and everyday which works on our subconscious. More than anything else we are playing a game of psychological warfare.
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Thursday, November 09, 2017
Turkey Faces An Economic Dilemma That Will Have Global Implications / Politics / Turkey
By: John_Mauldin
BY GEORGE FRIEDMAN AND XANDER SNYDER : A country’s decision to borrow money is not always strictly economic. Take Turkey, whose ratio of gross external debt (all public and private sector debt) to GDP has jumped from 39% in 2012 to 52% today.
Turkish President Recep Tayyip Erdogan has been pushing to increase available credit to spur economic activity. This is a political goal, though one motivated by economic objectives.
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Thursday, November 09, 2017
Stock Market Decline May have Begun / Stock-Markets / Stock Market 2017
By: Anthony_Cherniawski
The VIX has given its buy signal at the 50-day Moving Average and appears capable of rising above its compressed Cycle Top, as well. Note the redrawn Elliott Wave structure which finally became clear at Friday’s Wave (2) low. No rules were violated in this pattern, just stretched to the limit. The EW structure now says we are in Wave 1 of (3), which should be a magnitude larger than Wave (1). Wave 1 should rise to the trendline at 16.66 or possibly to 17.28, which is the high in the Daily chart. The Head & Shoulders pattern which gives the Wave 3 target is still valid. It is possible that Wave 5 of (3) may rise to the mid-30’s.
Thursday, November 09, 2017
Prepare For Interest Rate Rises And Global Debt Bubble Collapse / Interest-Rates / Global Debt Crisis 2017
By: GoldCore
– Diversify, rebalance investments and prepare for interest rate rises
– UK launches inquiry into household finances as £200bn debt pile looms
– Centuries of data forewarn of rapid reversal from ultra low interest rates
– 700-year average real interest rate is 4.78% (must see chart)
– Massive global debt bubble – over $217 trillion (see table)
– Global debt levels are building up to a gigantic tidal wave
– Move to safe haven higher ground from coming tidal wave
Thursday, November 09, 2017
The Surreal Simulator of Meta Trader / InvestorEducation / Learn to Trade
By: Kavinesh_A
Trading has been the trending front runners in the digital era. Trading has been turning heads ever since its inception and will continue to do so on a massive scale. The medium of trading has underwent a major metamorphosis ever since. Now the trading medium went online which paved way for electronic trading platforms which replaced the conventional trading market. The traders can trade in any niche as the online trading comes with a very wide spectrum. One such credible trading platform is Meta Trader 4 (MT4).
Thursday, November 09, 2017
Stock Market Topping Action Or Just a Pause? / Stock-Markets / Stock Market 2017
By: Paul_Rejczak
Briefly:
Intraday trade: Our Wednesday's intraday trading outlook was bearish. It proved partly wrong because the S&P 500 index gained 0.15% (neutral), following slightly lower opening of the trading session. We still can see some technical overbought conditions along with negative divergences. Therefore, intraday short position is favored again. Stop-loss is at the level of 2,605 and potential profit target is at 2,555 (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, November 09, 2017
Stock Market Dow Theory Divergence Returns Caution Warranted / Stock-Markets / Stock Market 2017
By: Christopher_Quigley
The bull price action momentum that returned to the Dow Transports September 11th last has now vanished, and is beginning to indicate renewed market weakness.
The Dow Industrials, the S & P 500 and the NASDAQ are displaying no such tendency. On the contrary, they show all the signs of a parabolic “blow-off”, which is the classic signature of a bull market termination.
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Thursday, November 09, 2017
Negative Divergence in the Gold Stocks / Commodities / Gold and Silver Stocks 2017
By: Jordan_Roy_Byrne
After a severe selloff, precious metals have enjoyed a bit of a respite. Corrections are a function of time and/or price. The correction to the recent selloff has been more in time than than price. Metals and miners have stabilized over the past nine trading days but have not rebounded much in price terms. Gold has barely rallied $20/oz while GDX and GDXJ have rebounded less than 4% and 5% respectively. In addition to the weakness of this rally, the gold stocks are sporting a negative divergence and that does not bode well for an end of the year rally.
Thursday, November 09, 2017
Bitcoin Nearly Hits $8,000 and Cryptos Skyrocket After Segwit2X Fork Is Called Off / Currencies / Bitcoin
By: Jeff_Berwick
There was a lot of speculation about what would happen to bitcoin after the planned Segwit2x fork on November 16th.
Well, we got to find out a week early as news came out today that the Segwit2x fork has been called off.
The suspension was announced today in an email written by Mike Belshe, CEO and co-founder of bitcoin wallet software provider BitGo. One of the leaders of the Segwit2x project, he argued that the scaling proposal is too controversial to move forward, saying,
Read full article... Read full article..."Unfortunately, it is clear that we have not built sufficient consensus for a clean block size upgrade at this time. Continuing on the current path could divide the community and be a setback to Bitcoin’s growth. This was never the goal of Segwit2x."