Monday, February 27, 2017
Could Trump's Economic Policies Propel Hated Stocks Bull Market Even Higher / Stock-Markets / Stocks Bull Market
By: Sol_Palha
"I add this, that rational ability without education has more often raised a man to glory and virtue, than education without natural ability." Marcus T. Cicero
Before we get into the meat of this article, we would like to state at the onset that this article is not politically orientated. This election has probably been more divisive than any other election in U.S history. There are those who love Trump and those who detest him. Our views are based on market trends and not politics. Before the election results came in, we went on record to state that a Trump win would from an investing perspective prove to be a great buying opportunity and the masses would panic and dump their shares. We took the same stance on Brexit, and as they say, the rest is history.
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Monday, February 27, 2017
US Dollar Rolling Over / Currencies / US Dollar
By: Gary_Savage
A close below the 10 DMA on the US Dollar would be the “second step” in the confirmation that its daily cycle is rolling over and starting the next leg down in the intermediate decline. The first confirmation was the initial break of the daily cycle up trend line.
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Monday, February 27, 2017
Stock Market Breakout or Breakdown? / Stock-Markets / Stock Market 2017
By: Anthony_Cherniawski
Good Morning!
SPX closed at the trading channel trendline on Friday without making a new high. In that context, it may be viewed as a possible wave (ii). However, it’s not over until it’s over. The SPX futures made a higher high in overnight trading. They are currently negative, but not so much as to proclaim victory for the bears. A decline beneath Friday’s low at 2352.87 would break the upward bias. Otherwise a breakout appears that it may be the final Wave c of (v) of [c].
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Monday, February 27, 2017
Peak American Wealth – Revisited / Politics / Social Issues
By: Raul_I_Meijer
Let’s see. On February 18, I wrote an essay called “Not Nearly Enough Growth To Keep Growing”, in which I said “..the Automatic Earth has said for many years that the peak of our wealth was sometime in the 1970’s or even late 1960’s”.
That provoked a wonderfully written reaction from long-time Automatic Earth reader Ken Latta, which I published on February 23 as “When Was America’s Peak Wealth?”. Ken put peak wealth sometime in the late ’50s to early 60’s. As I said then, I really liked his definition of ‘wealth’ as being “best measured by the capacity to be utterly wasteful”. The article spawned a series of nice comments, for some reason largely by people in his age bracket (Ken’s 73).
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Monday, February 27, 2017
Oscars Debacle – Movies More Costly As US Dollar Devalued / Currencies / Fiat Currency
By: GoldCore
Cost of Best Picture winners show very significant devaluation of the dollar
- Average cost to make an Oscar winning film is over $43 million – in gold terms, this is over 106,000 ounces
- Four $15 million films show nearly 100% difference when priced in gold ounces
- Oscar fiasco was courtesy of error by accountants PWC
- Whilst the price of the films remained the same, the cost in gold ounces fell from 11.53% of the cost to make the Departed, in 2009 to just 6.4% in 2012
- In an error prone, irrational and volatile world, gold retains value over time …
Monday, February 27, 2017
Stock Market Short-Term Uncertainty As Stocks Fluctuate Along New Record High / 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 now 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, February 27, 2017
Top Fixed Rate Savings Bond Highest in 10 months / Personal_Finance / Saving Bonds
By: John_Mauldin
Challenger banks are causing a storm in the fixed rate bond market, with especially the highest rates in the market seeing an increase. The top one-year fixed rate bond has increased to 2.00%, up by 0.60% since January and the first time in 10 months a one-year fixed rate has stood at 2.00% or higher.
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Monday, February 27, 2017
Reasons Why Investors Should Avoid Gold ETFs / Commodities / Gold & Silver Stocks 2017
By: John_Mauldin
BY STEPHEN MCBRIDE : Gold may have ended 2016 on a negative note, but the yellow metal is now up 7% since January. A big contributor to its rise is the large inflows into gold exchange-traded funds (gold ETFs). In 2016, inflows into gold ETFs were the second highest on record and accounted for 34% of total investment demand.
With inflows showing continued strength in 2017, why should investors avoid gold ETFs?
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Monday, February 27, 2017
The Border Adjustment Tax Will Make The Jobs Problem Worse / Politics / US Politics
By: John_Mauldin
Under the border adjustment tax (BAT) plan, imports will be penalized and exports rewarded… which theoretically, in a perfect world without pushback, would leave our economy nicely balanced and undisrupted.
But I doubt it will happen that way, because the importers and exporters are not the same businesses. I’ve written extensively about this topic in my three part series, "Tax Reform: The Good, the Bad, and the Really Ugly" in Thoughts from the Frontline. (subscribe here for free.)
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Monday, February 27, 2017
Dow vs Precious Metals : Where’s The Beef ? Where’s the Bull ? / Stock-Markets / Financial Crisis 2017
By: Rambus_Chartology
Before we look at some precious metals stocks I would like to show you a couple of charts which will help explain why I didn’t participate in this last rally in the precious metals stocks that started in December of last year. It’s not that I didn’t want to, it’s just the evidence shows that the $INDU, which I’m going to use as a proxy for the rest of the stock markets, is in a true bull market vs the precious metals stocks. As I have often said, ” you always want to trade in a bull market vs a bear market because it will save you from a bad trade if you enter it at the wrong time. If you enter into a long trade in a bear market it will be unforgiving and can take you to the cleaners before you know what hit you.”
Sunday, February 26, 2017
Stock Market Sentiment at ‘Extreme Greed’ / Stock-Markets / Stock Market 2017
By: Andre_Gratian
Current Position of the Market
SPX Long-term trend: Uptrend continues.
SPX Intermediate trend: A minor reversal at 2300 has been followed by a resumption of the uptrend targeting the 2400 area.
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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Sunday, February 26, 2017
Iran Holds Large Scale Naval Exercises / Politics / Iran
By: Stephen_Lendman
Iran is threatened by Israel and America’s regional military presence. In areas around the Persian Gulf, it has bases in every country except Iran - plus numerous others in North Africa and Central Asia.
Its actions destabilized much of the Middle East. It supports the region’s worst despots.
The late Chalmers Johnson said “the United States has been inexorably acquiring permanent military enclaves whose sole purpose appears to be the domination of one of the most strategically important areas of the world.”
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Sunday, February 26, 2017
Stocks and Precious Metals Charts - God and Mammon and Power / Stock-Markets / Financial Markets 2017
By: Jesse
"The world is ours, we are its lords, and ours it shall remain. As for the host of labor, it has been in the dirt since history began, and I read history aright. And in the dirt it shall remain so long as I and mine and those that come after us have the power.
There is the word. It is the king of words— Power. Not God, not Mammon, but Power. Pour it over your tongue till it tingles with it. Power.”
Jack London, The Iron Heel
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Sunday, February 26, 2017
Do Gold Miners Need to Lead the Metals? / Commodities / Gold & Silver Stocks 2017
By: Gary_Savage
It’s a common misconception that miners always lead the metals sector. As you can see in this chart the miners often produce false signals.
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Sunday, February 26, 2017
Trump’s Top Econ Guy Just ANNIHILATED the Stock Market’s Fantasy / Stock-Markets / Financial Crash
By: Graham_Summers
The single biggest story this morning is Treasury Secretary Steve Mnuchin pouring ice cold water on the market’s mania.
First and foremost, Mnunchin stated point blank that the Trump administration HOPES to implement tax reform by August.
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Sunday, February 26, 2017
Trump Relinquishes Control of Foreign Policy / Politics / US Politics
By: Mike_Whitney
The war party is back in power and the odds of normal relations with Russia have dropped to zero.
The appointment of Army Lieutenant General H.R. McMaster to the position of national security adviser indicates that Trump has done an about-face on his most critical foreign policy issue, normalizing relations with Russia. General Michael Flynn– who recently stepped down from the post following allegations of lying to Vice President Mike Pence –was the main proponent of easing tensions with Moscow which is a position that had been enthusiastically embraced by President Donald Trump. But McMaster does not support normalizing relations with Russia, in fact, McMaster sees Russia as a “hostile revisionist power” that “annex(es) territory, intimidates our allies, develops nuclear weapons, and uses proxies under the cover of modernized conventional militaries.” So, what’s going on? Why has Trump put a Moscow-hating hawk like McMaster in a position where he’ll be able to intensify the pressure on Russia, increase the provocations and, very likely, trigger a conflagration between the two nuclear-armed superpowers?
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Sunday, February 26, 2017
[Gratis] "Dark Money" Secrets Revealed! / Stock-Markets / Trading Systems
By: Submissions
deleted.
Sunday, February 26, 2017
Ten KitKat Personalised Packs for FREE! / Personal_Finance / Freebies and Comps
By: Anika_Walayat
We have now received our 10 personalised kitkat packs, which apparently is the maximum number per address. This is supposed to be a competition but in reality kitkat are giving away 10 personalised packs per household given the large number of 1000 packs being made available per DAY! So do get your free personalised packs before the promotion ends on 29th of March 2017 and find out what you get in the post in our latest video in this series.
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Saturday, February 25, 2017
A Damaging Week for U.S. Treasury Yield! / Interest-Rates / US Bonds
By: Mike_Paulenoff
What a weird and unsettling week. The equity indices for the most preserved their gains, albeit despite Thursday's divergent action, while the bond market went straight up (YIELD straight down), which is the more curious of the major asset class behavior as we head into the weekend...
Technically, the plunge in yield fom 2.46% on Tuesday to 2.30% on Friday (-6.5%) has broken the integrity of the Dec-Feb high-level coil/digestion pattern. It is threatening to morph all of the action since Dec 15 (2.64%) into an intermediate-term top formation that will project weaker yield into the area of the up-sloping 200 day eMA, now at 2.10%
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Saturday, February 25, 2017
Stock Market SPX New All-time Highs Continue / Stock-Markets / Stock Market 2017
By: Tony_Caldaro
The SPX started the holiday shortened week at 2351. The market opened higher on Tuesday, rallied to a new high at SPX 2367, then pulled back to 2358 on Wednesday. After opening at another new high, SPX 2368, on Thursday, the market pulled back to 2353 on Friday before ending the week at 2367. For the week the SPX/DOW gained 0.85%, and the NDX/NAZ gained 0.25%. Economic reports for the week were sparse and mostly positive. On the downtick: the WLEI plus weekly jobless claims rose. On the uptick: existing/new home sales, consumer sentiment and the FHFA housing index. Next week’s reports will be highlighted by the FED’s beige book, the ISMs and the Q4 GDP second estimate.