Monday, March 06, 2017
Why is Trump Tweeting About Stocks so Much? / Stock-Markets / Stock Market 2017
The stock market is now officially a political tool.
The Trump White House has made it clear that it views the stock market as a “report card” on Trump’s policies.
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Monday, March 06, 2017
FREE UEFA Champions League Finale Capitano Football from Walkers Crisps Promo / Personal_Finance / Freebies and Comps
Walkers Crisps latest UEFA Champions League Snap & Share promotion is proving to be a relatively easy to enter and win promo. Where entrants can win one of - 40 pairs of match tickets, 500 play stations and 7000 footballs. As our own experience illustrates that after only 5 days of posting the requisite 3 pic's a day on Walkers pinned post facebook page we managed to win an Adidas UCL Finale 16 Capitano Football! Which was finally delivered after about 3 weeks. Given how easy it was to win, the football is as good as FREE to whomever wants one as there is still have plenty of time to win one until the promo ends on the 23rd of April.
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Monday, March 06, 2017
Trump To Continue Bankrupting The US Through Foreign Wars / Politics / US Politics
Remember pre-election, how the theme was that a Killary presidency meant certain war? And, how a Trump presidency would mean friendship with Russia and bringing many of the troops home?
Well, so much for that! Trump is just as oriented toward war as Hillary. The difference is one of geography. Trump’s wars are located particularly in the Middle East. He is already looking even worse than Nobel Peace Prize winner, Barack O'Bomber or George “Victory in Iraq” Bush.
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Monday, March 06, 2017
Stock Market SPX 2400 Projection Reached / Stock-Markets / Stock Market 2017
Current Position of the Market
SPX Long-term trend: Uptrend continues.
SPX Intermediate trend: 2400 has been reached but the rally could extend just a little higher before an intermediate reversal takes place.
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, March 06, 2017
Arizona Challenges the Fed's Money Monopoly / Politics / US Federal Reserve Bank
History shows that, if individuals have the freedom to choose what to use as money, they will likely opt for gold or silver.
Of course, modern politicians and their Keynesian enablers despise the gold or silver standard. This is because linking a currency to a precious metal limits the ability of central banks to finance the growth of the welfare-warfare state via the inflation tax. This forces politicians to finance big government much more with direct means of taxation.
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Sunday, March 05, 2017
Trump Asks Congress to Investigate Obama Over Wiretapping / Stock-Markets / Stock Market 2017
On Sunday, his press secretary Sean Spicer issued a statement, saying reports “concerning potentially politically motivated investigations immediately ahead of the 2016 election are very troubling.”
“President Donald J. Trump is requesting that as part of their investigation into Russian activity, the congressional intelligence committees exercise their oversight authority to determine whether executive branch investigative powers were abused in 2016.”
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Sunday, March 05, 2017
Trump Flip-Flops on Stock Market Bubblemaking / Stock-Markets / Stock Market 2017
It’s funny how an election can change the way a man sees the world. Before the election, Donald Trump thought that stocks were dangerously inflated. In an interview on CNBC, he said “I hope I’m wrong, but I think we’re in a big, fat, juicy bubble.”
That was Candidate Trump. President Trump sees things differently. Here’s what he tweeted on Tuesday:
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Sunday, March 05, 2017
Important Stock Market Top? / Stock-Markets / Stock Market 2017
Cycle-wise, we are at a crest of the 18 month cycle, which is due to bottom in early August 2017. Astro-wise we have a myriad of reversal aspects in this general time frame: Mars conjunct Uranus/opposite Jupiter (February 26/27); Sun conjunct Neptune (March 1); Jupiter opposite Uranus (second of 3 passages), with a cardinal T-Square to Pluto (March 2); Mars trine Saturn (March 4); Venus Retrograde (March 4).
Watch for war-like agitations ahead and a test of the Trump administration. Bad storms and earthquakes could also be in the offing in the next 3-5 months.
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Sunday, March 05, 2017
Elliott Wave Count Points to Shallow SPX Correction / Stock-Markets / Stock Market 2017
For you occasional "wavers-counters," I was asked by a colleague of mine to provide my "count" if I chose to view the 13-month advance through a wave analysis lens.
Bottom Line: The upleg off of the Nov 4, 2016 post-election low at 2083.79 represents the 3rd of the 3rd from the Feb 11, 2016 low at 1810.10.
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Sunday, March 05, 2017
Inflation Tsunami - Supermarkets, Retail Sector Crisis 2017, EU Suicide and Burning Stocks / Companies / Retail Sector
In June 2016 the people of Britain voted against the interests of the establishment political elite that have played pass the parcel amongst themselves at each general election for at least the past 40 years, who in treaty after treaty have been systematically selling the sovereignty of the British people to the emerging european union superstate primarily for personal gain.
Whilst the formal process for Britain leaving the European Union remains pending triggering of Article 50, which should occur by the end of this month. However, despite little so far having changed on the ground in Britain's relationship with the EU, there was one significant immediate reaction to the Brexit vote which was sterling's sharp 20% drop and which currently stands about 18% below its pre-brexit trading level.
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Saturday, March 04, 2017
Will Banks' Excess Reserves Fuel a New Monetary Crisis? / Stock-Markets / Financial Crisis 2017
Don't look now but inflation and a new gold rush might be in our future
Introduction: Professional investors are selling stocks and buying gold. Small investors are buying stocks and neglecting gold. While the bulk of attention has gone to the stock market thus far this year, gold is up 7.2% and the Dow Jones Industrial Average is up 6.2%. What is going on? In this month's issue we explore what the professional investors might know that small investors are missing?
Read full article... Read full article..."Banks in the United States have the potential to increase liquidity suddenly and significantly – from $12 trillion to $36 trillion in currency and easily accessed deposits—and could thereby cause sudden inflation. This is possible because the nation’s fractional banking system allows banks to convert excess reserves held at the Federal Reserve into bank loans at about a 10-to-1 ratio. Banks might engage in such conversion if they believe other banks are about to do so, in a manner similar to a bank run that generates a self-fulfilling prophecy. . . What potentially matters about high excess reserves is that they provide a means by which decisions made by banks – not those made by the monetary authority, the Federal Reserve System – could increase inflation-inducing liquidity dramatically and quickly." – Christopher Phelan, economist, Minneapolis Federal Reserve
Saturday, March 04, 2017
SPX Uptrend continues to make New All-time Highs / Stock-Markets / Stock Market 2017
The week started at SPX 2367. On Monday the SPX rose to 2372, pulled back to 2359 on Tuesday, then gapped up on Wednesday hitting an all-time high of SPX 2401. Thursday and Friday saw the SPX pullback to 2375 before ending the week at 2383. For the week the SPX/DOW gained 0.80%, and the NDX/NAZ gained 0.50%. Economic reports for the week were mostly higher. On the downtick: pending home sales, construction spending, the WLEI and the Q1 GDP estimate. On the uptick: durable goods, consumer confidence, the Chicago PMI, personal income/spending, ISM manufacturing/services, the PCE, plus weekly jobless claims hit a 44-year low. Next week’s reports will be highlighted by monthly payrolls, factory orders and export/import prices. Best to your weekend and week!
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Saturday, March 04, 2017
Bitcoin Is Now As Good As Gold, Actually It’s Better / Currencies / Bitcoin
It wasn’t too long after I discovered bitcoin in 2011, trading at $3, that I became one of its biggest promoters.
I have even said on several different occasions, that if bitcoin reaches its ultimate potential it will be worth more than $1 million in today’s US dollar terms. Of course, if it did, we wouldn’t be talking about the price of bitcoin in dollars because dollars likely wouldn’t exist anymore.
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Saturday, March 04, 2017
Copper Confirms the Negative Outlook for Precious Metals and Crude Oil / Commodities / Copper
Looking at the charts, technical analyst Clive Maund sees copper "riding for a fall."
We have already observed how oil and precious metals are looking set to turn lower, especially oil, and the medium-term bearish outlook for these commodities is confirmed by the negative setup that we will now examine on the latest charts for copper. Ordinarily we are not all that interested in copper, because there are few suitable trading vehicles we can use to play it, so our interest is mainly due to its implications for other markets.
Saturday, March 04, 2017
More Downside Potential in the Gold Stocks / Commodities / Gold and Silver Stocks 2017
While we expected the gold stocks to correct and test GDX $22 and GDXJ $35, we did not expect it to happen so quickly. It literally took only three days! Gold stocks rebounded on Friday and managed to close the week above those key levels. While gold stocks could bounce or consolidate for a few days, we would advise patience as lower levels could be tested as spring begins.
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Saturday, March 04, 2017
Oil Market - You Won't Get a Clearer Warning Than This One / Commodities / Crude Oil
Technical analyst Clive Maund charts changes that portend a "brutal decline" in both the oil and precious metals markets.
This quick update on oil is to point out that the latest oil COTs and Hedgers positions were at frightening extremes, as oil has struggled and failed, thus far, to break higher. This is viewed as meaning trouble—BIG TROUBLE—for the oil market, where we could see a precipitous drop as in 2014.
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Saturday, March 04, 2017
The Deep State’s Gold Scam And The Demonization Of Russia / Politics / Deep State
As the Fiscal Year 2018 budget, and particularly its war component are floated, it has become clear that without continued, massive military spending, paid for with mass-produced electrons masquerading as money, U. S. GDP would collapse, taking the country’s financial and monetary systems with it. The nation, whose real economy has been hollowed out, for profit, by the Deep State plunderers, has become significantly reliant upon deliberately contrived wars and military tensions for its economic survival.
With systemic monetary risk now at an unprecedented level, intensified by a new, partisan, “politics of defeat,” scorched earth agenda being implemented by those displeased with the results of the 2016 election, there has never been a more dangerous time for people to denominate their wealth in unbacked, baseless, debt-drugged dollars.
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Saturday, March 04, 2017
Investment Lessons to Be Learned from Golf / Stock-Markets / Investing 2017
Dear Paraders,
In my youth, I viewed golf as something only old people enjoyed. Make that OLD people.
While I was never much for sports, in my early forties I discovered polo, one of the most exhilarating sports on the planet, of which golf is pretty much the antithesis.
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Friday, March 03, 2017
Stock Market February Trading Channel Brokenm, Hi-Lo Signals / Stock-Markets / Stock Market 2017
VIX appears to be on a stop hunt this morning to take out all the protection buyers that put stops on their hedges while the SPX weakened this morning. This move could also be an effort to stabilize stocks at the first trendline (see SPX below).
ZeroHedge observes, “The ubiquitous VIXtermination algo at the open did manage a modest jump in stocks, but that is fading fast now even as they push protection costs ever lower...”
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Friday, March 03, 2017
Stocks, Bonds, CRB and Gold Multi-Markets Summary / Stock-Markets / Financial Markets 2017
Using the most representative or notable index/ETF for each segment, let’s update the general status for a range of items (U.S. and global stocks, T bonds, commodities and gold) with a few informal thoughts.
As it’s older brother, the Dow, exceeds our target (21,000), the S&P 500 lurks just below its target of 2410. While the market can (and probably should) correct at any time, the lack of climactic volume (ref. yesterday’s post comparing the current Dow to Silver in 2011) along with over bullish sentiment that continues to resist becoming massively (as in ‘all in’) over bullish imply that such a correction would be a pit stop, not a bear market.
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