Wednesday, September 13, 2017

... / Companies / Stock Market 2017

By: Submissions

Wednesday, September 13, 2017

Soaring Inflation Plunges UK Economy Into Stagflation, Triggers Government Pay Cap Panic! / Economics / Inflation

By: Nadeem_Walayat

The consensus circus that the mainstream press journalists rely upon to produce their daily copy i.e. economists, have once more been caught by surprise as UK inflation rockets higher to 2.9% for August up from 2.6% for July. Now standing on the threshold of breaking above 3% as the implications of sterling's sharp drop in the wake of the Brexit vote continues to feed through to rising import prices and therefore providing persistent upwards pressure on shop prices as suppliers restock at much worse exchange rates that already depressed retailers such as the big supermarkets had delayed fully implementing that I have ben warning all year was likely to result in a crisis for the retail sector during 2017, that literally faces a perfect storm which could even result in a Woolworth's moment...

Wednesday, September 13, 2017

Precious Metals Bull Analogs Update / Commodities / Gold and Silver 2017

By: Jordan_Roy_Byrne

We started employing analog charts during the latter stages of the seemingly forever bear market in precious metals. Comparing current to past trends by using price data is not considered technical analysis but it is extremely valuable because history tends to repeat itself. It also helps us identify extremes as well as opportunities. For example, in 2015 it was clear the epic bear market in gold stocks was due for a major reversal. Today, precious metals appear to be in the early innings of a cyclical bull market and the analogs suggest there is plenty of room to run to the upside.

Wednesday, September 13, 2017

Trump Suggests Eliminating the Debt Ceiling – Dollar Falls / Interest-Rates / US Debt

By: MoneyMetals

Those who paid any attention to the financial press last week saw the following narrative; President Donald Trump betrayed Republicans by cutting a deal with Democrats Nancy Pelosi and Charles Schumer. They agreed to punt on the borrowing cap until December and spend $15 billion for hurricane relief.

Wednesday, September 13, 2017

Tip: When “This” Happens, A Stock Price Goes Up… / Stock-Markets / Stock Market 2017

By: Submissions

Dear Reader

When this one thing happens, a stock's price almost always goes up. (Well, 97% of the time.)

This has nothing to do with earnings, corporate announcements, or anything like that.

Tuesday, September 12, 2017

September Will Be The Most Politically Unstable Month Of This Year / Politics / US Politics

By: John_Mauldin

This month will be busy for us macro monitors.

The FOMC meets September 19–20 and will likely hike rates another notch, launch its balance-sheet-reduction plan, or both. I will be very surprised if they don’t do either.

The greater suspense is elsewhere in Washington.

Tuesday, September 12, 2017

Gold And The Coming Collapse: Are We Close To A Major Monetary Event? / Commodities / Gold and Silver 2017

By: Hubert_Moolman

It really should be clear that a major international banking crisis is inevitable, and likely to occur fairly soon. Due to the extreme debt levels, many banks are close to that point of failure.

An event like a stock market crash is likely to push many banks to that point of failure, since the pressure it would create (on cash resources), would expose their inability to fulfill their obligations.

Tuesday, September 12, 2017

GBPJPY Move Sideways On Weekly Chart / Currencies / British Pound

By: Franco_Shao

GBPJPY moved sideways in a trading range between 135.59 and 148.44 for several months. The sideways movement is likely consolidation of the uptrend from 122.36. As long as 135.59 key support holds, the uptrend could be expected to resume and a breakout of 148.44 resistance could signal resumption of the uptrend.

Tuesday, September 12, 2017

Crude Oil Price Invalidated Breakout – What’s next? / Commodities / Crude Oil

By: Nadia_Simmons

On Friday, crude oil moved sharply lower and lost over 3% after investors digested the EIA report and reacted to the increase in crude oil inventories. Thanks to these circumstances, light crude invalidated the earlier breakout above the resistance area and slipped well below $48. What does it mean for the commodity?

Tuesday, September 12, 2017

Silver Lags Gold But Signs Point to End of Bear Market / Commodities / Gold and Silver 2017

By: Clive_Maund

Technical analyst Clive Maund finds that signs are emerging that silver is getting read to break out. On its long-term 10-year chart silver superficially looks like it may still be in a bear market, but on more careful inspection we can see that a large Head-and-Shoulders bottom pattern is completing, which is tilted compared to the similar pattern that is completing in gold, because silver tends to underperform gold at the end of bear markets and the beginning of bull markets. As we can see, unlike gold, it is still some way from breaking out of this base pattern, but should do so not long after the dollar breaks down from its Broadening Top, that we look at in the parallel Gold Market update.

Tuesday, September 12, 2017

Bitcoin Price Analysis / Currencies / Bitcoin

By: MarketsToday

If Bitcoin breaks below most recent low a deeper correction becomes likely

Summary

Bitcoin forms potential Head and Shoulders Top at resistance of Fibonacci confluence

Breakdown likely leads to a -29% or greater correction

Tuesday, September 12, 2017

Red China is a Creation of Globalists / Politics / China

By: BATR

If one is blind to the truthful account of history, understanding of current events will never break the mind controlled barrier of sanitized awareness. The globalists or whatever synonym name you choose personifies the forces behind the screens that shape the political, economic and cultural impositions on the world. China has not been immune to the infliction of obscurity in the implementation of what actually is driving their regime.  As the old Chinese curse has it: “May you live in interesting times”, has proven to be much more than a platitude, it is a model for planetary enslavement. How did this conquest begin and where is it going?

Tuesday, September 12, 2017

Is Gold in a Real Bull Market? This Chart will Show You / Commodities / Gold and Silver 2017

By: Peter_Ginelli

After climbing 9% in 2016, from $1050 to $1150 and another 10% gain during the first half of this year, in July and again in early August, gold dropped down to $1210, before rallying back up both times to $1290 and $1350 per ounce respectively. This back and forth price action has some investors worried if this is a real bull market in gold or yet another flash in the pan for the coveted yellow metal?

Tuesday, September 12, 2017

Let's Get Practical: Is the S&P 500 Over or Under Valued? / Stock-Markets / Stock Market 2017

By: EWI

Let's Get Practical: Is the S&P 500 Over or Under Valued?

Tuesday, September 12, 2017

Reverse H&S Pattern in Gold / Commodities / Gold and Silver 2017

By: P_Radomski_CFA

Last week, we received quite a few messages in which readers asked about the long-term reverse head-and-shoulders pattern in gold and related ratios. In today’s alert we discuss this in greater detail.

Let’s jump right into the gold chart (charts courtesy of http://stockcharts.com).

Tuesday, September 12, 2017

David Smith: Precious Metals Supply Pipeline “Getting Harder and Harder to Fill” / Commodities / Gold and Silver 2017

By: MoneyMetals

Mike Gleason: It is my privilege now to welcome back David Smith, senior analyst at The Morgan Report and regular contributor to MoneyMetals.com. David, thanks for joining us again and how are you?

David Smith: I'm just fine, Mike. It's great to be back.

Mike Gleason: Well, David, not too long ago you wrote an article for our site about how gold and silver were getting ready for an historic run you called it. So, before we start discussing some of the market action here recently, fill our listeners in on why you believe things were set up and are set up for us to see a good run in the metals here.

Tuesday, September 12, 2017

Here’s A Strong Case For A Strong Yen / Currencies / Japanese Yen

By: John_Mauldin

I am well-known for suggesting that Japan was a bug in search of a windshield and in predicting that the yen would go 200 to the dollar.

About four years ago, when the yen was at 100, I even purchased 10-year options, which were ridiculously cheap, with strike prices 20 to 30 yen higher. I was willing to be patient and wait for 10 years, if I had to.

Monday, September 11, 2017

SPX Futures Are Higher, But No Breakout / Stock-Markets / Stock Market 2017

By: Anthony_Cherniawski

SPX futures rose to 2475.00 in overnight trading, giving rise to Wave (c) of a Wave [ii] correction. Last week’s inability to close beneath the mid-Cycle support/resistance gave us a hint of what was to come. The futures Wave structure suggests that the retracement may be over, or nearly so.

Monday, September 11, 2017

The United States of Hubris / Politics / US Politics

By: Antonius_Aquinas

If anyone should have any questions about whether the United States of America is not the most aggressive, warlike, and terroristic nation on the face of the earth, its latest proposed action against the supposed rogue state of North Korea should allay any such doubts.

Last week, the US circulated a draft resolution which it intends to present to the UN Security Council that would give the American Navy and Air Force the power to interdict North Korean ships at sea to determine if they were transporting “weaponry material” or fuel and that US forces would be given “the right” to use “all necessary measures” to “enforce compliance.”*

Monday, September 11, 2017

Number of BTL Mortgage Deals Highest in Almost a Decade / Housing-Market / Buy to Let

By: MoneyFacts

Moneyfacts UK Mortgage Trends Treasury Report data, not yet published, shows that the number of buy-to-let (BTL) products has increased by 7% in just one month to reach its highest level since December 2007.