Thursday, October 19, 2017
Stock Market Super Cycle Wave C May Have Started / Stock-Markets / Stock Market 2017
Good Morning!
SPX futures are starting the morning off with a bang as they decline beneath the smaller Ending Diagonal trendline and Short-term support at 2547.80. There appears to be a bounce as the algos kick in to save the day. However, the damage in Asia and Europe has been done and it appears that there may not be a recovery. The DJIA has already dipped beneath 23000.00 this morning, but appears to have bounced back above that level.
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Thursday, October 19, 2017
Negative Expectations, Will the Stock Market Correct? / Stock-Markets / Stock Market 2017
Briefly:
Intraday trade: Our Wednesday's intraday trading outlook was bearish. It proved partly wrong because the S&P 500 index gained 0.1%, following higher opening of the trading session. The index traded within a relatively narrow intraday trading range once again. The market may retrace some of its recent rally. Therefore, intraday short position is favored. Stop-loss is at the level of 2,570 and potential profit target is at 2,530 (S&P 500 index).
Thursday, October 19, 2017
Knowing the Factors Affect your Car Insurance Premium / Companies / Insurance
Aaron Abel writes: You won’t believe the car insurance premium rates vary depending on different attributes and the auto insurance provider. They are very careful about the calculation of your monthly premium. They use their personal information and the company data they have a strong algorithm to bear the claim amount.So, that they calculate the insurance premium accordingly.If the risk is more the more, you will have to pay for the car insurance. On the other side, the safer you will be the less you will pay.
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Thursday, October 19, 2017
Bitcoin Runs In Two Price Channels With Different Time Frame / Currencies / Bitcoin
The BTCUSD trades within a rising price channel with support at its bottom around 5110 on the 4-hour chart, indicating that the price remains in the uptrend from 2970. As long as the price is in the channel, the fall from 5870 could be treated as consolidation of the uptrend and further rise is still possible after the consolidation. The bitcoin price is expected to test 5870 resistance in the coming days. A breakout of this level could trigger further upside movement towards 6500, followed by 7000.
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Thursday, October 19, 2017
Will ICOs Take Down Wall Street as Bitcoin Takes Down Central Banks and Fiat Currencies? / Currencies / BlockChain
I’ve said it many times in the past. Blockchain technology is the biggest evolution since the internet.
We’ve seen bitcoin quickly become a challenge to fiat currencies and central banks.
We’ve seen Ethereum change the very nature of apps into dapps or decentralized apps. And, it’s barely even begun yet.
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Thursday, October 19, 2017
Getting Your Feet Wet In Crypto Currencies / InvestorEducation / BlockChain
By Avi Gilburt with Ryan Wilday
Introduction
I want to begin this new series on crypto-currency by introducing my co-author, Ryan Wilday.
In 2012, with twelve years of trading behind him, Ryan had no interest in, or knowledge of, crypto currency. However, a chat with a programmer friend about Bitcoin peaked his curiosity. He then dug up a chart and, despite all his years of experience trading, he couldn’t make sense of its sudden spikes and deep drops.
Thursday, October 19, 2017
SPX Morphs and Extends / Stock-Markets / Stock Index Trading
SPX may be working on its final probe marginally higher than 2564.11. I had to change my Elliott Wave structure to accommodate the new high. This was my alternate view which explains the spike high off the bottom of Wave [iv]. Wave v appears to be expanding, which is typical of this pattern.
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Thursday, October 19, 2017
10 Years Ago Today a Stocks Bear Market Started / Stock-Markets / Stock Market 2017
Yes, much has recently been published about the 10-year anniversary of the 2007~08 credit market crash and many people are trying to make comparisons between then and now. Some of this information is valid and factual. For example, the amount of debt now is much higher than the debt levels in 2004~08. This would lead some to consider the scope of any global debt related issues to be much larger and more dangerous than in 2007. Additionally, the types of levels of debt have begun to froth back into the dangerous and risky derivatives markets, ARMs and MBSs. Although, we keep hearing, “this time it’s different”.
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Thursday, October 19, 2017
1987 Stock Market Crash 30th Anniversary Greatest Investing Lesson Learned / Stock-Markets / Stock Market 2017
It's that time of the year again when the stock market doom merchants are at their most vocal as they focus on the historic apex of the darkest day of the darkest month for stocks of the year, October 19th, the 30th anniversary of the 1987 Black Monday that saw the stock market crash by an unprecedented 22% in one day that few saw coming but ever since many prophesise the repeat of each October, regardless of what the stock market has actually done thus far each year as the perma bear crowd can always be seen literally jumping up and down like demented rabbits proclaiming that a crash is once more imminent, pointing to a myriad of harbingers of the imminent stock market apocalypse. Against which the historic record paints a picture of a coin toss having proved infinitely more accurate than the perma crash is coming calls awaiting their broken clock moment to proclaim their success.
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Thursday, October 19, 2017
Virgin Media Broadband Down, Catastrophic UK Wide Failure! / ConsumerWatch / ISP's
Up until a month ago you would have found me singing the praises of Virgin Media broadband for being by far the fastest and most reliable service providers out there, definitely many times better than the garbage service offered by BT and those that rely on the BT network. But unfortunately over the past month the reliability of Virgin Media's broadband service has been diminishing in reliability. It started off with being down for a couple of hours every other day to becoming a near daily occurrence that come around 4pm to 5pm the network would go down for a few hours.
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Wednesday, October 18, 2017
The Passive Investing Bubble May Trigger A Massive Exodus from Stocks / Stock-Markets / Stock Market 2017
BY JAKE WEBER : The ETF market has experienced astounding growth over the last decade. There are now 5,000 ETFs traded globally with over $3.5 trillion in assets, a more than threefold increase since 2007.
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Wednesday, October 18, 2017
Gold Is In A Dangerous Spot / Commodities / Gold and Silver 2017
Of late, I have seen many articles postulating what moves gold up or down. We have heard all the old reasons being put forth from GDP, to a hedge against market volatility to interest rates, to the US Dollar, and many more. Unfortunately, market history simply does not support these reasons as a consistent driver of gold, as I have detailed in many past articles:
Sentiment Speaks: Time To Buy Gold To Prepare For A Stock Market Crash?
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Wednesday, October 18, 2017
History Says Global Debt Levels Will Lead to Another Crisis / Interest-Rates / Global Debt Crisis 2017
Jeff Clark : It may feel like we’ll escape a debt crisis since, well, the world hasn’t ended in spite of runaway debt levels. Some of us hard money people feel like we’re taking crazy pills; how the heck can debt be so out of control, so completely unpayable, and yet the financial system keeps chugging along as if nothing’s wrong?
Well, history has a message for us: the current calm won’t last forever, because there is a direct link between government debt levels and the number of financial crises that occur. And since global debt levels are high—the second highest level in the past 150 years—it’s not exactly a stretch to conclude that another financial crisis is coming.
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Wednesday, October 18, 2017
No more Stock Market cash Left on the Sidelines... / Stock-Markets / Stock Market 2017
We may have seen a truncated Wave (v) in the SPX this morning. The only way to know is when the SPX declines beneath the Micro-term trendline and mid-Cycle support at 2552.10. That may provide an aggressive short entry point.
The next focal point would be the Short-term support and 2-month trendline at 2443.32, as shown in the 2-hour chart which will be posted later.
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Wednesday, October 18, 2017
Deflation Basics Series: The Quantity Theory of Money / Economics / Deflation
Here's our challenge.
In order to be aware of the investment pitfalls and opportunities that deflation can bring, we must first understand the basic elements of why it occurs. So our challenge is to try and make monetary economics, a subject that most people would find duller than watching paint dry on a wall, understandable and, dare I say it, fun! It's a big ask but we like a test, and so here is the first in our Deflation Basics Series -- The Quantity Theory of Money.
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Wednesday, October 18, 2017
Attractive European Countries for Foreign Investors / Stock-Markets / Investing 2017
Foreign investment is encouraged throughout Europe and the EU and these types of entrepreneurs benefit from several advantages, as per the jurisdiction’s foreign investment laws. We talk about the main incentives for foreign investors in Germany, the Netherlands and Estonia.Read full article... Read full article...
Wednesday, October 18, 2017
Financial Transcription Services – What investors should know about them / Companies / SME
Aron Abel writes: When you run a business, you have to build a trust relationship with your clients, especially if you work in the financial domain. They have to consider you trustworthy, because you are the one who manages their money and you help them achieve the plans they have for the present moment and for the future. However, because you are working with sensitive data you have to make sure that they are carefully transcribed, and this is why it is important to collaborate with a provider of transcription services.
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Wednesday, October 18, 2017
ISIS Is Now Aiming at Africa / Politics / ISIS Islamic State
As Islamist militant groups attempt to expand their operations into new areas, some have looked to the Sahel region in western and central Africa and seen opportunity.
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Wednesday, October 18, 2017
Most Investors Don’t Realize That They Are Putting All Their Eggs In One Basket / Stock-Markets / Stock Market 2017
BY JARED DILLIAN : On the grand scene of financial innovations, the exchange-traded fund was fairly innocuous at first. It took a good 15 years for people to figure out how disruptive they would ultimately be
I’d argue that the ETF revolution is less about ETFs and more about indexing; about how people have come to view stocks less as stocks and more as blobs of stocks.
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Wednesday, October 18, 2017
Brexit UK Vulnerable As Gold Bar Exports Distort UK Trade Figures / Commodities / Gold and Silver 2017
– Brexit UK vulnerable as gold bar exports distort UK trade figures
– Britain’s gold exports worth more than any other physical export
– Gold accounted for more than one in ten pounds of UK exports in July 2017
– UK’s stock of wealth has collapsed from a surplus of £469bn to a net deficit of £22bn – ONS error
– Brexiteers argue majority of trade is outside EU, this is due to large London gold exports
– Single gold bar (London Good Delivery) is, at today’s prices, worth just over £400,000
– “There are few things you’ll ever touch which pack so much weight into such a small size”
– UK’s economic vulnerability means safe haven gold essential protection