Tuesday, September 19, 2017
What Does "Desperate Complacency" Look Like? See For Yourself... / Stock-Markets / Financial Markets 2017
What Does "Desperate Complacency" Look Like? See For Yourself...
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Monday, September 18, 2017
The Sum of Risks – Global, Strategic, Political, and Financial / Politics / GeoPolitics
Never before, not since the founding of America even including our Civil War of the 1860’s, not in the history of the entire world has a confluence of risks risen and coalesced to the degree that makes the next few years the most dangerous on this planet since monkeys evolved to walking upright. Immense risks are prevalent in America, Europe, Middle East, and Asia – essentially covering most of our globe.
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Monday, September 18, 2017
Elliott Wave Analysis of COMPQ (Nasdaq Composite) / Stock-Markets / Tech Stocks
The relentless trend from the Feb 2016 could be close to a pause on some tech markets. Particularly the NDX and COMPQ. Both markets can suggest the trend is close to ending either wave [3] or wave [5] from the Feb 2016 lows. Personally I think the better idea is to suggest it’s close to ending wave [3]. Although I can see the merits of the other idea when I look at a weekly chart, it can clearly be counted as a 9 swing move from the Feb 2016 lows.
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Monday, September 18, 2017
These Two Articles Debunk The Biggest Financial Nonsense I See In The Media / Stock-Markets / Financial Markets 2017
For this week’s Outside the Box (subscribe here for free), we have a two-parter of short essays. They are unrelated but equally important. First, in “Time to Drain the Fed Swamp,” Brian Wesbury and colleagues at First Trust make the case that it was the private sector, not the federal government or the Fed, that saved the economy after the panic of 2008.
The Fed has outgrown its britches, they argue, and it’s time to fill the Board of Governors chair and vice-chair positions with people who will hold the Fed to account for its mistakes. They conclude with this trenchant line:
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Monday, September 18, 2017
Most Investors Won’t Be Buying Gold & Silver until AFTER Big Gains Occur / Commodities / Gold and Silver 2017
Physical demand for bullion rounds, coins, and bars remains somewhat soft in the U.S. This year’s run higher in prices as well as rising geopolitical tensions has whet the appetites of some investors, but it has not yet triggered broad participation.
With strong gains both this year and last, metals prices have been responding to a host of issues – from unrestrained federal borrowing to the prospect of nuclear exchange. But they haven’t moved up as much as many expect.
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Monday, September 18, 2017
Bitcoin Price Crash 40% In 3 Days Underlining Gold’s Safe Haven Credentials / Currencies / Bitcoin
– Bitcoin price action shows cryptos vulnerable to commentary and government policies
– Bitcoin falls to low of $2,980, down by $1,000 in week as China flexes muscles
– Volatility major issue: In 3 days btc fell 40% before bouncing 25% off lows
– BIS state risks of cryptos cannot yet be fully assessed and says technology still unproven
– Apple and Google developing a payment API for cryptos – may give governments full oversight
– Bitcoin and cryptos current volatility and exposure to governments underlines gold’s safe haven status
Monday, September 18, 2017
Gold Price is Facing Trend Line Support / Commodities / Gold and Silver 2017
XAUUSD stays below a bearish trend line on its 4-hour chart and remains in the short term downtrend from 1357.45. As long as the price is below the trend line, the downside movement could be expected to continue.
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Monday, September 18, 2017
The Netflix Of Canada’s Cannabis Boom / Companies / Cannabis
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Monday, September 18, 2017
Stock Market Sentiment Speaks: Either You Learn From The Events Of The Past Week, Or You Are Hopeless / Stock-Markets / Stock Market 2017
Back in mid-July, we called for the market to top within 3 weeks between 2487-2500. And, 3 weeks later, the market topped at 2490SPX within one day of the topping date we expected. And, since we struck that high, the market has followed through in an almost textbook fashion for the entire month of August, as we caught just about every twist and turn during the month.
Coming into the last week of August, we were expecting the market to drop down to support within the 2425-2430SPX region, and then rally back towards the 2465-2475 region, before it set up to drop back down to the 2400SPX region. As we now know, dropped hard and bottomed early that week at 2428SPX, and then rallied back to 2480SPX. When the market topped out at 2480 on September 1st, our expectation was that we would see a drop down to the 2400SPX region next.
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Monday, September 18, 2017
SPX 2500 … At Last! / Stock-Markets / Stock Market 2017
Current Position of the Market
SPX Long-term trend: The uptrend has pushed a little higher, near-term.
SPX Intermediate trend: By rising past 2491 the start of the (inevitable) intermediate correction has been delayed. .
Analysis of the short-term trend is done on a daily-basis with the help of hourly charts. It is an important adjunct to the analysis of daily and weekly charts which discuss longer market trends.
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Monday, September 18, 2017
Inflation Lies, Lies and OMG More Lies / Economics / Inflation
“There are three types of lies — lies, damn lies, and statistics.” – Benjamin Disraeli
Every month the government apparatchiks at the Bureau of Lies and Scams (BLS) dutifully announces inflation is still running below 2%. Janet Yellen then gives a speech where she notes her concern inflation is too low and she needs to keep interest rates near zero to save humanity from the scourge of too low inflation. I don’t know how I could survive without 2% inflation reducing my purchasing power.
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Monday, September 18, 2017
How to Choose right Forex Trader? / Currencies / Forex Trading
Market makes up more than $4 billion in average exchanged value every day, making it the world's biggest economical market. Since there is no central sell for forex dealing, traders must select a fx agent to help them conduct their dealing activity. There are a large and growing number of fx agents, deciding on the right one requires very carefully searching through a massive number of journal and internet ads. In this article, we'll look at when selecting a fx agent in today's aggressive forex dealing industry at Admiral Markets Deutschland.
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Sunday, September 17, 2017
Believe Your Own Eyes: Central Banks FOLLOW the Market - Video / Stock-Markets / Central Banks
Believe Your Own Eyes: Central Banks FOLLOW the Market
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Sunday, September 17, 2017
Who Has Shaped the World the Most? The Dozen Greatest Achievers / Politics / Education
As tough Teddy Roosevelt famously said more than hundred years ago:
“It is not the critic who counts; …. The credit belongs to the man who is actually in the arena, …. who does actually strive to do the deeds …. who .... best knows, in the end, the triumph of high achievement ....”
Who have been the top movers and shakers prevailing in the global arena?
It is a lasting result that counts the most in achieving things in broad social terms. Never great style only, ala JFK. Seldom genius alone, at least in things social.
Sunday, September 17, 2017
Australian Dollar vs Japanese Yen Signalling Commodity Inflation / Commodities / CRB Index
The $AUD Australian Dollar continues to strengthen against the $JPY, Japanese Yen. All the commodity currencies are strong against the $USD also. Below is a weekly chart of $AUDJPY showing a break of the downtrend, a backtest and now price moving higher. We had a yearly cycle low last June, so the next yearly cycle low is not due until mid 2018, so there is plenty of TIME for the $AUDJPY to continue to strengthen.
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Sunday, September 17, 2017
Riding the ‘Slide’: Is This What the Next Stocks Bear Market Looks Like? / Stock-Markets / Stocks Bear Market
Even as the Fed’s decision makers are beginning to worry less about recession and more about bubbly stock prices, we’re not yet moved by their attempts to curb the market’s enthusiasm. After all, the fed funds rate sits barely above 1%, which not too long ago qualified as a five-decade low. And other indicators, besides interest rates, aren’t exactly predicting the next bear, either. Inflation is subdued, credit spreads are tight, banks are mostly lending freely and the economy is growing, albeit slowly. It just doesn’t feel as though we’re close to a major market peak.
All that being said, we’re not so much about feelings as we are about delving into history (nerds that we are) and seeing if there’s anything we can learn. Let’s look at the last 90 years to see if any bear markets began under similar conditions to those today.
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Sunday, September 17, 2017
Stocks and Gold; Macro Pivot Window Upon Us / Stock-Markets / Financial Markets 2017
On August 11 the potential and reasoning for anticipated pivots in the US stock market and the gold sector were noted in this article: Potential Pivots Upcoming for Stocks and Gold
As for the stock market, several reasons were put forward in support of a 2nd half of September through Q4 danger period, for a correction (no need yet to talk bear market because that would be pure promotion of an agenda). Please note that standard technical analysis was not among those reasons. The stock market was then and is now, in an uptrend across all important time frames.
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Sunday, September 17, 2017
Gold Up, Markets Fatigued As War Talk Boils Over / Commodities / Gold and Silver 2017
By Jan Skoyles:
- North Korea threatens to reduce the U.S. to ‘ashes and darkness’
- Markets becoming used to ongoing provocations from North Korea
- Russia and China continue to support watered down versions of sanctions on Kim’s regime
- Both NATO and Russia running war games on one another’s borders
- Putin says Russia will “give a suitable response” to NATOs threatening behaviour
- Gold set to climb as fears over economy and war will drive safe haven demand
Saturday, September 16, 2017
Gold And The Need To Explain Price Action / Commodities / Gold and Silver 2017
People are obsessed with the price of gold. And the demand for answers to the question “Why?” continues to grow. Why did gold go up/down $20.00 today? Why?
All too eager to provide the answer, journalists respond as follows:
Quote: “A weak U.S. inflation print may be just what gold prices need to finally stay above $1,300.” …WSJ Aug 2016
Seriously? I thought higher gold prices were the result of inflation.
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Saturday, September 16, 2017
Predicting the Future of the U.S. and the World / Economics / Demographics
Predictability.People.
Those are the two keystones of my research and forecasting successes: cycles and demographics.
It can all be traced back to the day I was studying several charts that I’d laid out on my desk. I’d been looking at the Dow Jones Industrial Average adjusted for inflation when I glanced up and spotted the Baby Boomer’s birth wave.
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