Tuesday, March 21, 2017
The Demise of the Gold and Silver Bull Run is Greatly Exaggerated / Commodities / Gold and Silver Stocks 2017
By: Peter_Degraaf
A few analysts are once again beating the drums for much lower gold and silver prices - supposedly just around the corner. They mistake the testing of a recent breakout for a turnaround in the main trend. In the process they are sowing confusion. Here are some charts that show the main trend, along with reasons why the price of gold and silver is on track for a sharp rise, thanks to bullish fundamentals.
Tuesday, March 21, 2017
SPX turns at the half-Cycle interval / Stock-Markets / Stock Market 2017
By: Anthony_Cherniawski
This morning’s action may add credence to a 43-hour decline from the 2390.01 top and the probable Master Cycle low on Friday morning, as discussed this morning. The SPX turned exactly at the 21.5 hour interval. Wave [iii] may be underway.
There is no signal from the VIX or the Hi-Lo. They will likely be in place as SPX declines through the neckline.
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Tuesday, March 21, 2017
USD Decline Continues, Pull SPX Down as well? / Currencies / US Dollar
By: Anthony_Cherniawski
Good Morning!
USD futures are still on the move as the dollar declined to a low of 99.59 this morning. We are still looking for the expected master Cycle low, but it is late in coming.
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Tuesday, March 21, 2017
Biotech’s had Especially Good Day on Mixed Stock Market Session / Stock-Markets / Stock Market 2017
By: Harry_Boxer
The stock market indices started off the day with a little bit of a dip, with lower futures, and then exploded, testing the Nasdaq 100 all-time highs, but could not get through the 5427 area. The S&P 500 rallied sharply as well, but only did 50% of its drop from Friday afternoon, and then both indices rolled over sharply, reaching the Thursday’s lows on the Nasdaq 100 and the gap low on the S&P 500. Late in the day, they rallied, but in the last few minutes backed off again to close mixed on the day.
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Tuesday, March 21, 2017
How to Protect Yourself from the Looming Pension Crisis / Commodities / Gold and Silver 2017
By: John_Mauldin
Stephen McBride : Having jumped from one job to another early in life… and with those jobs being across many continents, I haven’t really given much thought to my pension. Looking at the numbers, it seems I’m not the only one. Over 50% of Americans aged 25–34 have no retirement savings. Then again, given the current state of the pension system, it may be a prudent move.
A 2015 from the National Association of State Retirement Administrators estimated that public pension funds are around $1 trillion in the red—but the problem gets worse.
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Tuesday, March 21, 2017
Trump Watershed Budget / Politics / US Politics
By: BATR
You have never seen an attempt to change direction in the Federal juggernaut, as outlined in the Trump budget to revamp discretionary spending. Bob Adelmann of The New American provides an apt appraisal in Trump’s “Blueprint” Budget Is a Policy Statement; Real Budget to Follow. For a full reading of this framework review the White House document. OMB Director Mick Mulvaney, has delivered a bold variation from the normal accommodation to the political careerists and influence peddlers.
Tuesday, March 21, 2017
SPY Flirting With Near-Term Stock Market Sell Signal / Stock-Markets / Stock Market 2017
By: Mike_Paulenoff
On Friday, the SPY closed beneath its 20-day moving average (DMA) for the first time since the Dec 28 close at 224.40, which triggered a very minor bout of weakness for two days into a Dec 30 low at 222.73 (0.93%).
Purely from a technical perspective, when the SPY closes beneath the 20 DMA, the ensuing weakness is dependent on the slope of the moving average (MA) at the time. If the MA is sloping upward, then the likelihood is that SPY will endure just a brief, shallow correction prior to a resumption of the underlying uptrend.
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Tuesday, March 21, 2017
How do Client Acquisition Offers Affect Businesses? / Companies / Business
By: Submissions
When looking to grow a business there are three key things you need to do. Get more clients, get them to visit you more often and get them to spend more each time they visit you. This principal is true for all businesses that's aim is to turn a profit.
The hardest of these three steps to achieve is arguably ‘getting more clients’. One way that a lot of businesses aim to attract more clients is with acquisition offers.
Monday, March 20, 2017
AUDUSD Elliott Wave View : 5 Waves Move / Currencies / Forex Trading
By: ElliottWave-Forecast
AUDUSD ended the correction in Intermediate wave (X) after reaching 0.7486 and then started rallying from there. With today’s new high the pair is showing 5 waves impulsive move from 03/09/2017 low and has already reached the minimum target area for Minutte wave (v) to end. The minimum target for Minutte wave (v) can be calculated as the inverse 1.236-1.618 Fibonacci extension of Minutte wave (iv) which comes at 0.7734 – .07753. Short term, an extension higher can’t be ruled out as there are still 2 other methods for calculating the 5th wave and one method of calculating (v) = (i) gives us a higher target around the equal legs area at 0.7765 – 0.7790.
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Monday, March 20, 2017
Crude Oil Price Decline Continuation / Commodities / Crude Oil
By: Bob_Loukas
I like this Crude oil decline, and to date, it has been a picture perfect Cycle’s development. Members of The Financial Tap were already tracking that expectation in advance, and positioned well to take advantage. But that big decline, which started on March 7th took many by surprise, judging by the extreme (Long) positioning seen with the COT report. And if you were not already short before the move began, the speed of the decline made it nearly impossible to establish a new position thereafter.
Monday, March 20, 2017
Stock Market Long, Hot Summer / Stock-Markets / Stock Market 2017
By: Ed_Carlson
It looks like the Dow is due for its first major correction of 2017. While the expected downturn could be “uncomfortable” for many, it is not expected to witness the end of the secular bull market.
Lindsay’s long cycle is expected to count a 15yr interval between point A (10/10/02) and points J or H. That would place the more important high in the period from October’17 until September’18.
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Monday, March 20, 2017
Small Business Survey Says… Ignore the Hard Data at Your Peril / Economics / US Economy
By: Michael_Pento
Surveys of both consumers and businesses show there is an extreme level of confidence regarding future GDP growth. Consumer confidence is now at its highest level since 2001. Small and medium-sized business owners, the driving force of growth in the economy, appear downright giddy; as the NFIB Small Business Optimism Index recently soared to its highest level since 2004.Read full article... Read full article...
Monday, March 20, 2017
Physical Metals Demand Plus Manipulation Suits Will Break Paper Market / Commodities / Metals & Mining
By: MoneyMetals
Mike Gleason: It is my privilege now to welcome in Craig Hemke of the TF Metals Report. Craig runs one of the most highly respected and well known blogs in the industry and has been covering the precious metals for close to a decade now, and he puts out some of the best analysis on banking schemes, the flaws of Keynesian economics and evidence of manipulation in the gold and silver markets.
Craig, it's great to have you back and thanks for joining us again today and, how are you?
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Monday, March 20, 2017
Stock Market Uncertainty Following Interest Rate Increase - Will Uptrend Continue? / Stock-Markets / Stock Market 2017
By: Paul_Rejczak
Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,410, and profit target at 2,200, S&P 500 index).
Our intraday outlook is bearish, and our short-term outlook is bearish. Our medium-term outlook remains neutral, following S&P 500 index breakout above last year's all-time high:
Intraday outlook (next 24 hours): bearish
Short-term outlook (next 1-2 weeks): bearish
Medium-term outlook (next 1-3 months): neutral
Long-term outlook (next year): neutral
Monday, March 20, 2017
No Cash ISA Season 2017 / Personal_Finance / ISA's
By: MoneyFacts
Moneyfacts UK Savings Trends Treasury Report data, yet to be published, highlights that the number of ISA products has risen to 311, marking the first time the number of ISAs has stood above 300 since September 2016. The long-term ISA rate has also risen, for the fourth consecutive month.
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Monday, March 20, 2017
Where the Fed Goes, Other Central Banks May Not Follow / Interest-Rates / Central Banks
By: STRATFOR
It has been a busy couple of days for the world's central banks. Since the U.S. Federal Reserve made its decision to hike interest rates, rate announcements have followed from the People's Bank of China, the Bank of Japan, the Swiss National Bank and the Bank of England. This confluence of activity from most of the key guardians of the global economy provides a good opportunity to take stock of where things stand.
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Monday, March 20, 2017
Precious Metals : Who’s in Charge ? / Commodities / Gold and Silver 2017
By: Rambus_Chartology
In this report I’m going to update some charts I posted back in November of last year before the PM complex bottomed in late December. What I was showing back in November were many of the H&S tops that were breaking down in an impulse leg to the downside. The lows in December of last year is where they bottomed and began a counter trend rally that took prices back up to the February 2017 highs. From a Chartology perspective all we’ve had so far was a backtest to some of the necklines at this point in time. Maybe it will end up being more, but for now the backtests are holding resistance.
I would like to start with one of the more important ratio charts which compares Gold to the US dollar. During the bull market years this ratio chart built out a parallel uptrend channel that was a thing of beauty. In 2000 this ratio started to build out an inverse H&S bottom which reversed the bear market to a bull market. For the next 11 years this ratio built out one consolidation pattern on top of the next, which is bull market action. Even the crash in 2008 built out a H&S consolidation pattern which launched the rest of the bull market into the 2011 high.
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Monday, March 20, 2017
Gold and Silver 200-Day Moving Averages / Commodities / Gold and Silver 2017
By: Jordan_Roy_Byrne
The precious metals complex enjoyed a strong week mostly due to a post-Fed explosion on Wednesday. Although gold stocks sold off to end the week, they finished up almost 5% for the week. Gold gained 2.4% on the week while Silver gained 2.9%. The miners enjoyed massive gains following the previous two rate hikes and that has some optimistic about a repeat scenario. However, the miners and metals need to prove they can recapture their 200-day moving averages before we become optimistic.
Monday, March 20, 2017
Gold and USD Cycles : A Roadmap / Commodities / Gold and Silver 2017
By: SurfCity
Monday will be day 6 of Gold’s third Trading Cycle (TC) out of the December 2016 Yearly Cycle Low (YCL). Next week’s price action will be critical in determining if we will see a higher high in this Intermediate Cycle (IC) or just a secondary high that will set the IC downtrend line into the next IC Low. Based on my cycle work, I do believe the Gold Bull has resumed, however, the transitions from Bear to Bull markets are typically epic battles that take time to play out.
Monday, March 20, 2017
A Stock Market Dip in the Offing? / Stock-Markets / Stock Market 2017
By: Brad_Gudgeon
Right now, the coming dip could be a little scary, but shouldn’t amount to much, maybe around 4%. My guess is the first couple of days next week should see a sharp drop, but a buy the dip mentally and seasonal strength should prevail for now. The astros were ripe for a top around February 27-March 2. We have another even more complex period coming up March 31-April 15. March 31 could be a top and then another secondary bottom around April 11-12 would be ideal. A sharp drop next week would produce a need for a momentum failure retest by around early/mid April.
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