Saturday, January 14, 2017

Stock Market Patterns & Cycles Pointing to SPX 2300 by Month End / Stock-Markets / Stock Market 2017

By: Jack_Steiman

Since I am a "pattern geek," what is the Emini S&P 500 pattern whispering to us now? That all of the action off of the new all-time high at 2278.25 established on December 13 -- exactly one month ago -- is taking the form of a Bullish Coil Formation, which the vast majority of the time represents a digestion period prior to continuation in the direction of the underlying trend (up).

Saturday, January 14, 2017

SPX Stocks Bull Market Update / Stock-Markets / Stock Market 2017

By: Tony_Caldaro

The market started the week at SPX 2177. After a quiet session Monday the market inched up to SPX 2279 by Tuesday. Then Wednesday and Thursday the SPX declined to 2254. After that low the market rallied back to SPX 2279 on Friday and ended the week at 2275. For the week the SPX/DOW lost 0.25%, and the NDX/NAZ gained 1.0%. Economic reports for the week were positive. On the downtick: import prices, consumer sentiment, Q4 GDP est., plus weekly jobless claims rose. On the uptick: consumer credit, business/wholesale inventories, export prices, the PPI, retail sales, and the WLEI. Next week’s economic highlights include: industrial production, the FED’s beige book, and the NY/Philly FED.

Saturday, January 14, 2017

President Trump vs the Deep State that Hides in Plain Sight / Politics / US Politics

By: Nadeem_Walayat

The "Deep State" best describes the invisible labyrinth of power which truly controls the United States no matter which party is in power against which a President Donald Trump will find himself doing battle against as the following video illustrates by Mike Lofgren, a congressional staff member for 28 years, who talks with Bill Moyers about what he calls Washington's "Deep State," in which elected and unelected figures collude to protect and serve powerful vested interests. "It is how we had deregulation, financialization of the economy, the Wall Street bust, the erosion or our civil liberties and perpetual war."

Saturday, January 14, 2017

It’s Confirmed, the US is Officially in Recession / Economics / Recession 2017

By: Graham_Summers

The US is officially in a recession.

This won’t show up in the “official” data… because the official data is fiction. GDP numbers might as well be in a Harry Potter novel, they’re that inaccurate and ridiculous.

Saturday, January 14, 2017

The Impact of Sir Alex Ferguson's Retirement on Man United's Share Price / Companies / Corporate News

By: Submissions

Friday, January 13, 2017

What Can Stock Market Tell You About Politics? / Stock-Markets / European Stock Markets

By: EWI

Dear reader,

Our friends at Elliott Wave International have just posted a new article, "What Can Stock Market Tell You About Politics?"

The stock market and politics are indeed connected -- but probably not in the way you think.

Friday, January 13, 2017

SPX May Have Completed Wave 2 / Stock-Markets / Stock Market 2017

By: Anthony_Cherniawski

It appears as if the SPX has made an impulse from its top. This is very tight, but a decline beneath 2270 would give us some comfort with that call. This appears to be a repeat of where we were last Friday with a potential aggressive short entry. Some Elliotticians look for this type of entry, since it also puts a limit on losses when wrong.

Friday, January 13, 2017

Big Gold Buying Coming 2017 / Commodities / Gold and Silver 2017

By: Zeal_LLC

Gold has hit the ground running in this young new year, a stark contrast to its brutal post-election selloff.  Rather remarkably, these strong recent gains accrued despite literally zero buying from one of gold’s most-important constituencies.  The American stock investors who almost single-handedly fueled gold’s strong bull market last year are still missing in action since the election.  That means big gold buying is still coming.

All free-market prices, including gold’s, ultimately result from the balance between popular supply and demand.  When supply outweighs demand as evidenced by investment-capital outflows, gold is forced lower.  That’s exactly what happened after Trump’s surprise win in early November.  When investors flee gold for any reason, including chasing record-high stock markets, the resulting oversupply really hits prices.

Friday, January 13, 2017

2017: Change Can Be A Bitc h / Politics / US Politics

By: Raul_I_Meijer

2016 brought a lot of changes, or rather, brought them to light. In reality, the world has been changing for many years, but many prominent actors benefitted from the changes remaining hidden. Simply because their wealth and power and worldviews are better served that way.

It’s entirely unclear whether we will ever get a chance to see to what extent the efforts to hide developments have been successful, or even been perpetrated at all, because we don’t know to what extent truth and reality will be accessible in the future.

Friday, January 13, 2017

A Bullish Case for Gold 2017 / Commodities / Gold and Silver 2017

By: David_Galland

Dear Parader,

This week, I am happy to present an article by dear friend and business partner Olivier Garret, who makes the case for gold under President Trump.

While Olivier is biased, given he founded the Hard Assets Alliance, I think you’ll find his logic is sound.

My personal concern remains the strength of the US dollar. “The Super-Dollar” is the lead story in the current edition of Compelling Investments Quantified, our premium—and very profitable—monthly investment letter.

Friday, January 13, 2017

Will Stocks Bull Market Continue to Charge or is it Time to Sell the News / Stock-Markets / Stock Markets 2016

By: Sol_Palha

For of all sad words of tongue or pen, the saddest are these: "It might have been!" ~ John Greenleaf Whittier

For a long time, our theme was to view all sharp pullbacks through a bullish lens as the trend based on our trend indicator was trading firmly in bullish territory. Secondly, one critical psychological component was in our favour too - the masses were either bearish or they cursed this market from the sidelines (neutral camp); hence the slogan the most hated bull market in history.    We must deter for a second by stating that a mild or brutal correction comes down to what level you embraced this market. If you embraced this Stock Market Bull in the early stages from 2009-2011, then a mild correction would seem brutal or back breaking in comparison to someone who just jumped into the market. A 15-20% correction would knock the socks out of them, but for you, it would appear to be nothing but a blip; this is why we have consistently stated that the best time to open long positions when the masses are in a state of despair.

Friday, January 13, 2017

Gold and Silver Off To Shining Start to 2017 / Commodities / Gold and Silver 2017

By: Jeff_Berwick

Bitcoin stole the headlines in the first week of 2017, rising nearly $200 in the first two days of the year before swiftly giving back those gains and more since.

Quietly, however, gold and silver have gotten off to an excellent start to the year.

Gold began the year at $1,154 and has rarely looked back, rising to over $1,200 on Thursday.

Friday, January 13, 2017

Gold Current Wave [B] – Long to 1550 / Commodities / Gold and Silver 2017

By: Submissions

Enda Glynn writes: My Bias: Long towards 1550
Wave Structure: ZigZag correction to the upside.
Short term wave count: Upside from 1120~, target 1500
Long term wave count: Topping in wave (B) at 1500
Important risk events: USD: Core Retail Sales m/m, PPI m/m, Retail Sales m/m, Core PPI m/m, FOMC Member Harker Speaks, Prelim UoM Consumer Sentiment.

Friday, January 13, 2017

Gold’s Fundamental Outlook for 2017 / Commodities / Gold and Silver 2017

By: Arkadiusz_Sieron

Predicting, especially the future, is very difficult. Still, let’s try to figure out what investors should expect from the gold market next year. For sure, in the long run, the price of gold will mainly depend on the U.S. dollar, the real interest rates, and the market uncertainty. How will these factors develop and affect the gold market?

Friday, January 13, 2017

Is trading stocks and shares just as luck-based as roulette? / Stock-Markets / Gambling

By: Submissions

Friday, January 13, 2017

CIA Tries to Strong-Arm Trump into War With Russia / Politics / Intelligence Agencies

By: Mike_Whitney

Powerful elites are using the credibility of the US Intelligence agencies to demonize Russia and prepare the country for war. This is the real meaning of the “Russia hacking” story which, as yet, has not produced any hard evidence of Russian complicity.

Last week’s 25-page report, that was released by the Director of National Intelligence James Clapper, illustrates to what extent intelligence is being “fixed around the policy”. Just as the CIA generated false information related to Weapons of Mass Destruction to soften public resistance to war with Iraq, so too, the spurious allegations in the DNI’s politically-motivated report are designed to depict Russia as a growing threat to US national security.

Friday, January 13, 2017

Stock Market Unlucky Friday the 13th? / Stock-Markets / Stock Markets 2016

By: Brad_Gudgeon

The stock market is nearing the ten week cycle low from November 4th, 2016. The daily Bollinger bands are tightly squeezed together suggesting a break-out one way or the other (an expansion of volatility). The SPX broke the uptrend line today only to close back above the line. Normally, this is a sign of strength, but the OBV did not confirm the recent highs suggesting the smart money has already moved away from the market. I would call this a sign of weakness.

Friday, January 13, 2017

Biggest Challenge of 2017 Directly Ahead for Gold, Stocks / Stock-Markets / Financial Markets 2017

By: Clif_Droke

If you thought the pace of the head-spinning political events of the last two months couldn't get any faster, think again. One of the most critical decisions of President-Elect Trump's reign will soon be decided. The final verdict will have a direct impact on the direction of stocks, gold, and the economy in the months to come.

The decision in question is the Congressional challenge being made against the Affordable Care Act (ACA), also known as Obamacare. Specifically, the requirement that individual Americans carry health insurance or else pay a stiff financial penalty is being challenged. Earlier this week, Trump directed the Republican-led Congress to begin efforts at repealing and replacing the health care law "very quickly."

Friday, January 13, 2017

Trump CIA Like Nazi Germany - Fake MI6 Intelligence leaked to Fake News Mainstream Media / Politics / Intelligence Agencies

By: Nadeem_Walayat

President Donald Trump at his first press conference let rip into the mainstream press (CNN in particular) as he reacted to the CIA secret police's leaking of another MI6 dodgy dossier to the mainstream press, calling it all 'Fake News', fake intelligence by something that could have come out of Nazi Germany. Yes that's right the President Elect of the United States effectively likened the CIA to being like something out of Nazi Germany, pumping out propaganda in only the agencies own self interests which has been the reality for the duration of the spy agencies existence, it's just that to date not even a senior US politician let alone the President himself has ever spoken so candidly of the true nature of the beast that has held an iron grip over the United States, that has subverted democracy for decades by means of time tested tools for destroying lives of anyone who got in the unelected agencies way.

Thursday, January 12, 2017

SPX has Fallen Beneath the Trendline / Stock-Markets / Stock Market 2017

By: Anthony_Cherniawski

SPX has declined beneath the trendline, putting it on an “aggressive sell.” A confirmed sell may be had beneath the 2-hour mid-Cycle support at 2247.13 and a breakout above the 50-day Moving Average on the VIX.

ZeroHedge comments, “Despite the latest Small Business Optimism explosion of confidence (in December), the most up-to-date surveys of US consumer confidence appear to be crumbling after the 'Trump Bump'...