Thursday, September 28, 2017
S&P 500 At New Record High, Will It Continue Higher? Apple Stock Analysis / Stock-Markets / Stock Market 2017
Briefly:
Intraday trade: Our Wednesday's intraday intraday outlook has proved partly accurate. The S&P 500 index closed 0.4% higher, but it gained less than 4 points from its opening price. The index may continue to fluctuate along the level of 2,500 today. It remains above support level of the September 12 daily gap up of 2,488.95-2,490.37. Therefore, we prefer to be out of the market, avoiding low risk/reward ratio trades.
Our intraday outlook is neutral today, and our short-term outlook is bearish, as we expect downward correction. Our medium-term outlook remains bearish:
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Thursday, September 28, 2017
Copper, Oil, Commodities Bottom as Emerging Markets Breakout / Commodities / Commodities Trading
Tonight I would like to update some of the different commodities and emerging markets we took some positions in back in late July of this year. First, let me say that as investors we like everything to line up in perfect harmony so we can make some sense out of what is actually happening in the markets. It’s just human nature. For example, if the US dollar is doing this then the PM complex or the commodities should be doing that. There is a general rule that there is an inverse correlation between the US dollar and the PM complex or commodities, but it’s not always accurate.
Many times we can get bogged down trying to make everything fit perfectly before we make a trade. This can sometimes lead to missed opportunities as what we were expecting didn’t take place. For the most part this is one of the reasons why I prefer Chartology. When a pattern is building out the bears and bulls are making their side known by the battle they’re having with each other, which eventually creates a consolidation or reversal pattern. All the fundamentals that a stock has is also priced into the chart pattern.
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Thursday, September 28, 2017
Benefits of using MetaTrader 4 / InvestorEducation / Learn to Trade
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Wednesday, September 27, 2017
Why Doesn’t Janet Yellen Resign? / Politics / US Federal Reserve Bank
You would think, certainly if you were as naive and innocent as I am, that when you get offered the job of Chair of the Federal Reserve, you must be sure, before accepting, that you have the credentials and the knowledge required. If you don’t, it looks as if you don’t take the job seriously. Janet Yellen, who’s been Chair since January 2014, doesn’t seem to agree.
In a speech Tuesday for the National Association for Business Economics Yellen ‘honestly’ admitted that she doesn’t understand inflation, control of which is the Fed’s no.1 task (it’s debatable whether that’s a good idea). She doesn’t understand a bunch of other issues either. Those are her own words, not mine. Here are these own words:
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Wednesday, September 27, 2017
The Equifax Hack Must Be A Wake-Up Call To Redefine Digital Security / Companies / Cyber Crime
BY GEORGE FRIEDMAN : The Equifax hack must be the last straw in the saga of our inept computer industry. Critical information on the vast majority of American families was compromised.
To say that this was not a rare phenomenon understates it. There has been an endless array of stolen information—from the recent theft of still proprietary stock information from the Commerce Department to the theft of emails from the Democratic National Committee.
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Wednesday, September 27, 2017
Nobody Will Escape the Coming Pension Storm—It Will Be Every Man for Himself / Politics / Pensions & Retirement
The coming pension and unfunded government liabilities storm is so big that many of us simply can’t get out of the way, at least not without great difficulty. This holds true not just for the US but for almost all of the developed world.
I did a lot of thinking after we published last week's Thoughts from the Frontline about the coming pension tsunami (subscribe here for free)—especially as I was reading your comments—and I wished I had made my warning even more alarming.
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Wednesday, September 27, 2017
DVI-I and DVI-D Graphics Card Port Connectors - Custom Built Gaming PC Review (3) / Personal_Finance / Gaming
In part 3 of our buying a custom built gaming PC from an online builder such as OverClockers UK series, we connect the PC up for the first time. However before switching it on there is an issue to overcome, which is the difference between DVI-I and DVI-D graphic card to monitor cables. So if you have just bought a new PC base unit, watch this video first before you try to force the wrong connector into very similar graphics card ports! It could save you having to deal with bent pins or worse!
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Wednesday, September 27, 2017
Ray Dalio’s Principles: A Radically Truthful Review / InvestorEducation / Learn to Trade
Spending $26.95 to pick Ray Dalio’s brain for over 16 hours listening to the audiobook appears fantastic value to me. The thought crossed my mind to offer Mr. Dalio a charity donation in his name if he gave me the opportunity to make it a two-way conversation over lunch. But that wouldn’t have been consistent with his (or my) Principles. Instead, I’m offering my radically truthful review for $0. The challenge for Mr. Dalio is whether reading this review will be time well spent. Ray, you do not know my ‘believability’ – and that is a key deficiency in your principles you might want to address, especially when applied to the next phase in your life. Let me expand.
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Wednesday, September 27, 2017
Financial Advice From Jesse Livermore – Importance Of Being Patient and “Sitting” / Commodities / Gold and Silver 2017
Editor Mark O’Byrne
– Listen to Jesse Livermore and ignore the noise of short term market movements, central bank waffle and daily headlines
– Stock and bond markets are overvalued but continue to climb… for now
– What goes up must come down and investors should diversify and rebalance portfolios despite market noise
– Behavioural biases currently drive markets, prompting legendary investors to be confused and opt out
– Lesson is to prepare portfolios for long-term and invest in assets that will act as hedge in next market correction or crash
– Gold performs well over the long-term and delivers to those “sitting” and being patient
Wednesday, September 27, 2017
NZDUSD Moves In Falling Price Channel / Currencies / Forex Trading
NZDUSD stays in a falling price channel on its 4-hour chart, suggest that the pair remains in the downtrend from 0.7428. As long as the as the price is in the channel, the downside move could be expected to continue and further decline to test 0.7131 support would likely be seen in the coming days.
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Wednesday, September 27, 2017
DOW Jones and CRUDE Oil Reaching the End of the Line / Stock-Markets / Financial Markets 2017
Hi everyone.
All I have seen throughout the day was one article after the next speculating
on what Yellen may have meant when she said,
Well,
Whatever it is that she said!
I do not care what Jannet Yellen said,
Or what Jannet yellen thinks is going to happen in the future.
Tell me the last time a central bank actually got it right?
As far as I can see,
There is only one single thing that the FED has ever been good at doing,
And that is;
doing the WRONG THING at the wrong time,
pretty much all of the time.
Now is no different,
Wednesday, September 27, 2017
Gold and the U.S. Dollar / Commodities / Gold and Silver 2017
Technical analyst Clive Maund discusses the latest moves by gold and the U.S. dollar. The last Gold Market update, posted at its recent peak on the 11th, called for a significant reaction back by gold, and that is exactly what has since happened. It also called for a rally in the dollar, which hasn't happened—yet, but as we will see in this update, it looks likely to happen soon, and given that gold's COTs have barely eased on the current reaction to date, it therefore seems likely that gold will lose more ground on a dollar rally.
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Tuesday, September 26, 2017
This Indicator Stayed AHEAD of Silver for 18+ Months: See What It Says NOW - Video / Commodities / Gold and Silver 2017
Should investors rely on traditional ways of evaluating the stock market's "proper value"? You might be surprised at what these four charts show.
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Tuesday, September 26, 2017
Uncle Sam vs. Russia in Eastern Syria: the Nightmare Scenario / Politics / Syria
The impending collapse of ISIS has touched off a race for territory in the oil-rich eastern part of Syria pitting US-backed forces against the Russian-led coalition of Syria, Iran and Hezbollah. This is the nightmare scenario that everyone wanted to avoid. Washington and Moscow’s armies are now converging on the same area at the same time greatly increasing the probability of a conflagration between the two nuclear-armed superpowers. The only way a clash can be avoided is if one party backs down, which seems increasingly unlikely.
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Tuesday, September 26, 2017
Stock Market Bounce Stops at Resistance / Stock-Markets / Stock Market 2017
SPX has apparently been stopped at the Ending Diagonal trendline. The oversold condition has been relieved enough to allow the decline to resume. Should it continue, it is likely to be a complex affair, as it has been so far. As mentioned earlier, the next support appears to be the 50-day Moving Average at 2470.53. But that may not be all. The overlap suggests the decline is nowhere near being finished, so don’t be surprised if the decline starts to accelerate..
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Tuesday, September 26, 2017
The Left Behind of America and Germany, Europe / Politics / Social Issues
“Forget Germany, Spain Is The Real Problem”, reads a headline. Eh… no. Germany is definitely the problem in Europe. Spain is a bit player. That doesn’t mean nothing major could happen in Spain in its fight with Catalonia, and soon, but Spain, like all EU nations, is a de facto province of Germany.
What matters in the end is how Brussels and Merkel deal with Spain. And while it’s tempting to say that perhaps Brussels, the EU, is the main European problem, the European Union is run exclusively by and for Germany, so that doesn’t work either.
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Tuesday, September 26, 2017
Backdrop For Gold Today Is As Bullish As It Has Been In A Long Time / Commodities / Gold and Silver 2017
Gold finished sharply higher on Monday, recouping roughly half of last week’s loss, as declines in the U.S. stock market and growing tensions between the U.S. and North Korea lifted prices for the yellow metal to the highest settlement in more than a week.
December gold rose $14, or 1.1%, to settle at $1,311.50 an ounce. Prices, which lost about 2.1% last week, saw their highest finish since Sept. 15, according to FastSet data as reported by Marketwatch.
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Tuesday, September 26, 2017
EUR/USD and Bearish Formation on Horizon / Currencies / Forex Trading
Earlier today, the euro extended losses against the greenback, which resulted in a breakdown below the lower border of the trend channel. Will this bearish development trigger bigger move to the downside in the coming week?
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Tuesday, September 26, 2017
$GOLD – Understanding and Dealing with Chaos / Commodities / Gold and Silver 2017
Everything in the PM sector hangs of this one $GOLD chart below, as its foundation.
This is a monthly chart, using the 8 and 21 simple moving averages to generate the BUY and SELL signals. 8 and 21 are Fibonacci numbers.
There are only two BUY signals on this chart: 2001 and 2016, 15 years apart. The last SELL signal was in late 2012 for $GOLD. Do not expect the next SELL signal until at least 2026/27, 10 years from now, two thirds of the way into this new 15 year super cycle.
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Tuesday, September 26, 2017
Why Left Wing Nuts Get Away with Murder / Politics / US Politics
"Once Upon A Time, In a Galaxy Far, Far Away" the left wing of the political spectrum were the vanguard of opposing the globalist warfare matrix. The anti-war movement changed the world in the 1960's and stopped the bloody carnage in Viet Nam. Judging by today's standards, that world is forgotten and the replacement culture has an attitude that preserving the empire is necessary no matter how trumped up the rationale is to maintain perpetual conflict. Choose the newest enemy; Jihad Islam, Russian nationalism, Chinese supremacy or North Korean belligerence and any dedicated internationalist can spin an argument why fighting the next war is necessary.
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