Saturday, September 02, 2017
Q4 Stock Market Correction?: Warnings from Citigroup, HSBC and Morgan Stanley / Stock-Markets / Stock Market 2017
Danny Deadlock, founder of Microcap.com, cites evidence that the last quarter of 2017 could be troubled for financial markets.
Last week I had the following calendar reminder pop up from November 2015:
"According to Citigroup's chief US equity strategist Tobias Levkovich, stock prices will continue to rise well after the Federal Reserve begins lifting interest rates. The appeal of large U.S. stocks won't diminish until the Fed is "three or four" rate hikes into its tightening cycle—towards the end of next year. History has shown that stock markets don't peak until two years after the first increase of a monetary tightening cycle."
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Saturday, September 02, 2017
5 Markets Ready to Move Before Year-End / Stock-Markets / Stock Market 2017
Dear Investor,
You have just 4 months left to hit your 2017 goals. Do you know where the best new market opportunities are? Well, you can... today.
Elliott Wave International, a pioneer in technical market forecasting since 1979, has just released a free report from its team of market veterans, "5 Markets Ready to Move Before Year-End."
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Saturday, September 02, 2017
Stock Market About As Crazy As It Gets... / Stock-Markets / Stock Market 2017
NDX appears to have made its final high this morning. The Triangle formation tells us it is so. Triangles always precede a final high or low in a the trending direction.
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Saturday, September 02, 2017
Silver Junior Mining Stocks 2017 Q2 Fundamentals / Commodities / Gold and Silver Stocks 2017
The silver miners’ stocks have largely languished this year, grinding sideways near lows for months on end. This vexing consolidation has fueled near-universal bearishness, leaving silver stocks deeply out of favor. But once a quarter when earnings season arrives, hard fundamentals pierce the obscuring veil of popular sentiment. The silver miners’ recently-reported Q2’17 results reveal today’s silver prices remain profitable.
Four times a year publicly-traded companies release treasure troves of valuable information in the form of quarterly reports. These are generally due by 45 days after quarter-ends in the US and Canada. They offer true and clear snapshots of what’s really going on operationally, shattering the misconceptions bred by the ever-shifting winds of sentiment. There’s no silver-miner data that is more highly anticipated than quarterlies.
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Saturday, September 02, 2017
Technology Is Already Eliminating Driver Jobs—Here’s How to Trade It / Commodities / AI
BY PATRICK WATSON : Everyone is worried about robots. Elon Musk fears they will kill us all if we give them both deadly weapons and autonomy.
He certainly has a point, but the non-lethal scenarios are no picnic either. Robots are already taking over human jobs at a rapid pace. Robots are already taking over human jobs at a rapid pace.
Worse, artificial intelligence (AI) systems threaten even “knowledge worker” jobs now.
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Saturday, September 02, 2017
Leading China Expert Lays Down 9 Major Trends That Now Drive The Chinese Economy / Economics / China Economy
Leland Miller is a leading expert on China’s financial system and a good friend of mine.
They regularly interview (if memory serves correctly) about 2000 large Chinese companies in every sector to get a good idea of what is actually happening in the Chinese economy.
There is nothing else like their work, and anybody who is investing large sums or who just does business in China gladly pays the six-figure price to get access to their data and research.
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Saturday, September 02, 2017
Precious Metals Outperform Markets In August – Gold +4%, Silver +5% / Commodities / Gold and Silver 2017
– All four precious metals outperform markets in August
– Gold posts best month since January, up nearly 4%
– Gold reaches highest price since US election, climbs due to uncertainty and safe haven demand
– S&P 500 marginally higher; Euro Stoxx, Nikkei lower for month
– Platinum is best performing metal climbing over 5%
– Palladium climbs over 4% thanks to seven year supply squeeze
– Fear, uncertainty and political sanctions are amongst biggest drivers for precious metals
– Never been a better time to diversify and rebalance portfolios with stocks and bonds near record highs and looking vulnerable
Friday, September 01, 2017
NZDUSD Broke Below 0.7200 Support / Currencies / Forex Trading
NZDUSD recently broke below a major support level at 0.7200, indicating that the uptrend from 0.6817 had completed at 0.7557 already. The pair is now in downtrend, further decline would likely be seen after correction.
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Friday, September 01, 2017
The Coming Crypto-Crisis? / Currencies / BlockChain
Since 2008 there has been a widespread increase in debt around the globe, central bankers have printed and experimented with direct asset purchases like never before, and there have been many dangerous bubble-like oddities in the marketplace worthy of attention (i.e. student debt, subprime auto, junk bonds, housing, etc.). Nevertheless, despite the record increase in paper wealth since 1Q09 there has been no unifying ‘mania’ for the grumpily inclined to ceaselessly growl about. That is, perhaps, until now:
“Bitcoin Cash’s price nearly doubled within its first 24 hours, surging from roughly $394 to $757…” Forbes
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Friday, September 01, 2017
13 Reasons Why to Own Gold After Breaking Above $1300 / Commodities / Gold and Silver 2017
Michal Matovcik writes: Gold is showing decent strength going into the end of summer breaking above strong psychological and technical level of $1300 per ounce which can finally confirm the beginning of long-term bull market. At the same time, gold reached new highs for 2017.
There is no lack of fundamentals supporting the move upwards. But as gold traders got used to during recent years, the "fat fingers" smashing gold to the downside during ridiculous trading hours in low liquidity markets has no limits. So I always remember the old saying used by many long time traders, "Markets have the ability to stay irrational longer than our accounts solvent".
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Friday, September 01, 2017
Stock Market SPX : Morphology 101 / Stock-Markets / Stock Market 2017
Below is a daily chart for the SPX which shows you a good example of a morphing rising wedge. As you can see there was a false breakout above the top rail and then an equal false breakout below the bottom rail, symmetry false breakouts, red circles.
When that occurs we need to adjust the top and bottom trendliness to the new high and low to get the new pattern. The original rising wedge is now shown by the blue dashed trendlines with the new rising wedge the solid blue trendlines.
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Friday, September 01, 2017
Copper Strong, Good News for Chile, Bad News for the US / Commodities / Copper
Technical analyst Clive Maund analyzes why the rising copper price is good news for Chile.
Copper is looking strong, apparently due in part to China stockpiling it, and this of course augurs well for the Precious Metals, especially silver, as copper "shows the way," which is why it is known as Dr. Copper. As we can see on its 5-year chart, it has already broken out of a Head-and-Shoulders bottom to enter a bullmarket. Right now it is overbought and has resistance to work its way through, so periods of consolidation are to be expected.
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Friday, September 01, 2017
Three Oil & Gas Names for Volatile Times in the Energy Sector / Commodities / Oil Companies
With oil and gas prices not easy to predict, Samuel Pelaez, chief investment officer and portfolio manager of Galileo Funds, explains the algorithms that track "quantamentals," and discusses several companies that he expects to outperform.
The Energy Report: Sam, you employ what you call "quantamental" models. Would you explain what they are?
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Friday, September 01, 2017
Trump Reset: US War With China, North Korea Nuclear Flashpoint - Video / Politics / China US Conflict
This is my latest video in my Trump Reset War with China series that details the key mega-trend geopolitical consequences of the Trump Presidency, of why the United States under Trump would be trending towards an inevitable war with China, economic, cyber and even outright military conflict, something that many were skeptical of when I wrote my 3 pieces of in-depth analysis before Trump took office, but given what has subsequently transpired should be recognised as now being far more probable.
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Thursday, August 31, 2017
Stocks do this in October in Years Ending in 7 / Stock-Markets / Stock Market 2017
It has been proven repeatedly by various market experts that stock market cycles exist. Whether you believe in them or not that is up to you, but as a technical trader myself I see price action repeat on virtually all time frames from the intraday charts, to daily, weekly, monthly, quarterly, yearly, and beyond.
In fact, cycles tend to move in series of 3’s, 7’s and 10’s, and multiples of these as well. So, 3 bars, 7 bars, 10 bars no matter the time frame, though I find the 10min, daily, weekly, and monthly charts work best.
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Thursday, August 31, 2017
The Demise Of Libor Is Part Of A Massive Global Trend That Many Overlook / Interest-Rates / Global Financial System
BY XANDER SNYDER : For decades, the public put its trust in technocrats.
The thinking was that the economy and politics had become too complex for ordinary citizens to understand. And that the best way to handle it was to allow the experts to take over.
They were perceived to be skillful and knowledgeable enough to manage economically and politically important institutions (including banks).
The events of 2008–2009 shattered that belief.
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Thursday, August 31, 2017
Boomers are Turning 71 - Setting off a Perfect Storm for Investors / Stock-Markets / Stock Market 2017
BY STEPHEN MCBRIDE : Few investors understand the magnitude of the looming demographic crisis and its ramifications.
The first Baby Boomers turned 70 last year. At the same time, the US fertility rate is at its lowest point since records began in 1909.
This disastrous combination means by 2030, those aged 65 and older will make up over 20% of the population.
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Thursday, August 31, 2017
3 Reasons The Stock Market Is Nowhere Near A Crisis / Stock-Markets / Stock Market 2017
Bearish investors see many reasons to be cautious now and little grounds for optimism. Others are stalwartly bullish. Naturally, I have friends on both sides of this debate, people with deep knowledge and experience.
Problem is, they can’t all be right. The stock market will move up or down (or possibly sideways), and some of us will be wrong.
Now, let’s see what the bulls have to say.
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Thursday, August 31, 2017
4 Reasons Why “Gold Has Entered A New Bull Market” – Schroders / Commodities / Gold and Silver 2017
– 4 reasons why “gold has entered a new bull market” – Schroders
– Market complacency is key to gold bull market say Schroders
– Investors are currently pricing in the most benign risk environment in history as seen in the VIX
– History shows gold has the potential to perform very well in periods of stock market weakness (see chart)
– You should buy insurance when insurers don’t believe that the “risk event” will happen
– Very high Chinese gold demand, negative global interest rates and a weak dollar should push gold higher
Thursday, August 31, 2017
Stock Market New Record Highs Ahead Or Just Bounce? S&P 500 Above 2,450 Mark / Stock-Markets / Stock Market 2017
Briefly:
Intraday trade: The S&P 500 index may slightly extend its short-term advance today. However, we can see some technical overbought conditions that may lead to a downward correction. Therefore, we prefer to be out of the market again, avoiding low risk/reward ratio trades.
Our intraday outlook remains neutral, and our short-term outlook is bearish, as we expect downward correction. Our medium-term outlook remains bearish:
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