Tuesday, August 22, 2017
3 Lesser-Known Charts Revealing a Massive Stock Market Disconnect / Stock-Markets / Stock Market 2017
What’s a fair price for a share of stock?
In theory, it’s easy to define. The fairest price lies at the intersection of the company’s supply and demand curves. The market price at any given moment reveals exactly where that point is.
The averaged prices of all stocks in an index, appropriately weighted, tell us the same for market benchmarks.
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Tuesday, August 22, 2017
U.S. Treasury Secretary: "I Assume Fort Knox Gold Is Still There" / Commodities / Gold and Silver 2017
- US Treasury Secretary Steve Mnuchin visits Fort Knox Gold
- Later tweeted ‘Glad gold is safe!’
- Only the third Treasury Secretary to visit the fortified vault, last visit was 1948
- Last Congressional visit was 1974
- Speculation over existence of gold in Fort Knox is rife
- Concerns over Federal Reserves lack of interest in carrying to an audit on gold
- Gold was last counted in 1953, nine years before Mnuchin was born
- Mnuchin may be looking to prevent countries and states from worrying about and repatriating their gold
Tuesday, August 22, 2017
Is the Stock Market Setting itself up for a Spectacular Crash? / Stock-Markets / Stock Market Crash
“Neither a man nor a crowd nor a nation can be trusted to act humanely or to think sanely under the influence of a great fear.” Bertrand Russell, Unpopular Essays
The stock market crash story is getting boring and annoying to a large degree. Since 2009, there has been a constant drumbeat of the market is going to crash stories. In 2009, many experts felt that the market had rallied too strongly and that it needed to pull back strongly before moving higher up. They were calling for 15%-20% correction. Ten years later and most of them are still waiting for this so-called strong correction or crash. A stock market crash is a possibility but the possibility is not the same thing as certainty, and this is what seems to elude most of the naysayers. One day they will get it right as even a broken clock is correct twice a day. In the interim waiting for this stock market crash has cost these experts a fortune, both in lost capital gains and actual booked losses if they shorted this market.
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Tuesday, August 22, 2017
EURJPY Bounce Off Channel Support / Currencies / Euro
EURJPY rebounded from 127.56 after touching the bottom support trend line of the price channel on the daily chart, suggesting that the pair remains in the uptrend from 114.85. As long as the price is in the channel, the fall from 131.39 could be treated as consolidation of the uptrend.
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Tuesday, August 22, 2017
Lightening-Fast COT Reversal: Now Fairly Bearish For Gold And Silver / Commodities / Gold and Silver 2017
That didn’t take long at all. Just a few weeks after the Commitment of Traders (COT) Reports for gold and silver turned positive – setting off a nice rally in both metals’ prices – this indicator has flipped back to strongly negative.
In gold especially, speculators (always wrong at big turning points) have loaded up on long futures contracts while closing out their short positions. The commercials (always right at big turning points) have done the opposite, closing out long positions and going aggressively short.
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Tuesday, August 22, 2017
Sleeper Issues Poised to Rattle Markets / Stock-Markets / Financial Markets 2017
Investors have been well-trained in complacency. They have spent the past few years watching markets shrug off momentous geopolitical events – each more quickly than the last. Brexit’s impact faded within days. Trump’s election faded within hours.
Stocks traded at all-time highs this summer and volatility made all-time lows. That is the set-up as we head into the fall...
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Tuesday, August 22, 2017
Power Elites Launches Civil War Against Trump / Politics / US Politics
What you are witnessing is a full court press to remove Donald Trump from the Presidency. The endless dribble from every corner of the gate keeping controlled media, the careerist bipartisan hacks, the diseased swamp ridden bureaucrat rats and the cowards who wave the flag of the establishment globalist order, all have banned together to take out the America First agenda. Trump was elected by populist discontent, but is now being betrayed by every faction who fears meaningful change in a corrupt political system that rules over the common man. Make no mistake about the stakes. A forced resignation, a contrived impeachment or an assassination for all to see are now in play. The establishment will not settle for anything less. The people be damned, it is time to show just who rules the United States.
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Tuesday, August 22, 2017
The Bear Market in Oil Sector Continues / Commodities / Oil Companies
Technical analyst Jack Chan charts the latest moves in the multiyear bear market in oil and gas.
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Tuesday, August 22, 2017
Stock Market Cycle Act II / Stock-Markets / Stock Market 2017
Cycles warn that the sell-off in equites during the last two weeks should find a bottom this week – temporarily. The Bradley model does not hold much hope for those who hope to trade the bounce as it points an upwards-to-sideways move until mid-September when it drops precipitously into mid-October.
The Decennial pattern warns of a nasty sell-off in equities during years ending in the number 7 (i.e. 2017). Since 1907 each of these years (with the exception of 1947 which suffered a mere 6.2% drop) has seen a double-digit decline beginning somewhere between June and October.
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Monday, August 21, 2017
Win a Barny Family Safari Holiday - Last Chance! / Personal_Finance / Freebies and Comps
This is your last chance to win a Barny Family Safari Holiday, or one of a thousand other relatively easy to win Ranger prizes. See our video for details, so that you don't waste your chance to win.
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Monday, August 21, 2017
Cryptocurrencies: Modern Day Alchemy / Currencies / BlockChain
Cryptocurrencies make good currencies, but fail miserably when trying to achieve the status of money.
Cryptocurrencies are both created and held electronically inside a virtual wallet. These digital currencies use encryption techniques to regulate the generation of new units and to verify the transfer of funds. Cryptocurrencies operate independently of governments and are decentralized.
Monday, August 21, 2017
The Stock Market No Longer Cares About Trump / Stock-Markets / Stock Market 2017
BY JARED DILLIAN : I typically stay away from politics. Besides, you probably get enough of it on Facebook!
But I don’t stare at politics every day. I stare at markets every day, and I am pretty comfortable saying that my knowledge of markets is smarter and more incisive than most people’s.
And you know what I have noticed about markets lately?
They don’t care about Trump.
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Monday, August 21, 2017
The Coming Boom Of Productivity Will Get Our Economy Back On Track / Economics / US Economy
My good friend Gary Shilling draws some crucial distinctions with respect to wage and jobs and explains why our perplexing US labor market is actually quite rational.
Gary and I share a fundamental optimism regarding our prospects for long-term economic growth, and in this report, he tells us why.
This kind of in-depth dissection of macro trends is what Gary is known for. So without further ado, I’ll let him take it from here.
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Monday, August 21, 2017
Buffett Sees Stock Market Crash Coming? His Cash Speaks Louder Than Words / Stock-Markets / Stock Market Crash
The Sage of Omaha’s adage is “it’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.”
Editor: Mark O’Byrne
But for Warren Buffett the current environment doesn’t appear to be offering up any wonderful companies at fair valuations. The situation is so bad that the cash stockpile of Berkshire Hathaway has more than doubled in the last four years, from under $40 billion to $100bn.
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Monday, August 21, 2017
Bitcoin in an Illusionary Age / Currencies / Bitcoin
It is altogether fitting that crypto currencies, in particular Bitcoin, have witnessed a meteoric rise in this illusionary age. Not only has their monetary value gone to dizzying heights, but they are now being touted as the destroyer of the current, crumbling monetary order and the next paradigm upon which a new money and banking system will emerge.
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Monday, August 21, 2017
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Monday, August 21, 2017
EURUSD Remains In Uptrend From 1.0569 / Currencies / Euro
EURUSD stays in a bullish price channel on its daily chart and remains in the uptrend from 1.0569. As long as the price is in the channel, the pullback from 1.1909 could be treated as consolidation of the uptrend.
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Monday, August 21, 2017
Stock Market Correction in Full Swing / Stock-Markets / Stock Market 2017
Current Position of the Market
SPX Long-term trend: The uptrend should continue after pausing for a correction.
SPX Intermediate trend: “An ending pattern appears to be in its last stages of completion. This should be followed by an intermediate term correction into October.” The correction has started.
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, August 21, 2017
Seeking Confirmations – US Stock Market / Stock-Markets / Stock Market 2017
We have several inputs forecasting change (market pivots) ranging from seasonal tendencies to an expected US dollar rally, Fed monetary tightening (such as it is), the 30 month S&P 500 cycle, not to mention a presidential administration in utter disarray and not having done much, if anything, to further the fiscal stimulation (which, the story goes, would replace the Fed’s monetary stimulation under the previous administration) view that much of the stock market’s post-election euphoria was built upon.
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Monday, August 21, 2017
What’s Next For Gold? Its All About The U.S. Dollar / Commodities / Gold and Silver 2017
What’s next for gold? Seems like a fairly simple question. Unfortunately, it is nearly impossible today to get a simple answer. That’s the problem.
Why is that? And, if we can find a simple, straight-forward answer, how do we know the answer is correct?
Perspective and intent are factors. But so are logic and accuracy.
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