Thursday, January 26, 2017
Stock Market SP500 At New Record High, Will It Continue Even Higher? / Stock-Markets / Stock Market 2017
By: Paul_Rejczak
Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,330, and profit target at 2,150, S&P 500 index).
Our intraday outlook remains 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
Thursday, January 26, 2017
UK Economy Post BrExit Boom! Academic and Mainstream Press Clueless Reporting Continues / Economics / UK Economy
By: Nadeem_Walayat
Its now over six months since the establishment elite prophesied a post BrExit economic collapse apocalypse, a message that clueless academics have continued to regurgitate across the mainstream press for the duration since. However, the most recent economic data continues to paint the exact opposite picture as GDP for the last 3 months of 2016 came in at a very healthy 0.6%. Which in itself followed 0.6% for the preceding quarter, a time when the UK economy was supposed to be in a state of economic collapse! A collapse that has FAILED to materialise! Instead the UK is probably the worlds fastest growing developed economy.
Thursday, January 26, 2017
Will Theresa May Lap Dance for President Alt Trump? The Special Needs Relationship / Politics / UK Politics
By: Nadeem_Walayat
Is Theresa May making a huge blunder by running to see President Alt Trump? After all it will reek of desperation wanting to be the first leader to the meet and great America's emerging tyrant, especially as no other leader of significance is rushing to the White House. The British press has already worked itself up into a frenzy of expectations, one of a special trade deal for the special needs relationship, as Britain fulfills its destiny of leaving the European Union before it implodes.
Thursday, January 26, 2017
HMRC Self Assessment Online Filing System Down as Tax Return Deadline 2017 Looms / Personal_Finance / UK Tax & Budget
By: N_Walayat
HMRC's online system has been down for many if not most users for several hours today as the deadline for filing self assessment tax returns looms large (31st of Jan 2017). Tax payers trying to log into the system are typically met with the following message -
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Thursday, January 26, 2017
Italy's Bank Rescue Foreshadows Nationalization of More EU Banks / Politics / Eurozone Debt Crisis
By: John_Browne
On December 7, 2016, Italy's Prime Minister Matteo Renzi resigned following defeat in a national referendum, that he had supported, that would have changed the country's parliamentary system. The development, which represents just the latest sign of anti-EU sentiment spreading throughout Europe, was felt acutely by Italy's troubled banking sector. In particular, the Banca Monte dei Paschi di Siena (MdP) has been teetering on the brink of collapse and now may stand as a case study that may be encountered by other EU member nations.
Thursday, January 26, 2017
Two Gold Ratios You Should Watch / Commodities / Gold and Silver 2017
By: Jordan_Roy_Byrne
As Gold and gold mining stocks approach strong resistance, we wonder if the outcome will be a sharp selloff or a period of bullish consolidation. While there are a handful of things we can examine (sentiment, momentum, relative strength, etc), today we will focus on Gold and its relative strength against two key markets. How Gold fares against Bonds and foreign currencies in the weeks ahead could be a hint of its trend heading into spring.
Thursday, January 26, 2017
SPX Makes its Final Probe? / Stock-Markets / Stock Market 2017
By: Anthony_Cherniawski
SPX has spent 54 market days (83 calendar days) from its November 3 low. It appears that Wave [c] is impulsive and Wave [c] equals Wave [a] at 2305.50, so we have near equality in the final probe to the top.
This is a typical zigzag formation that I hope we have seen the last of. There is no short entry above the Cycle Top and trendline at 2291.27.
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Wednesday, January 25, 2017
3 Ways the Elliott Wave Principle Enhances Your Trading / InvestorEducation / Elliott Wave Theory
By: EWI
Learn practical ways in which Elliott wave analysis sets you apart from the herd
In this interview, the head of Elliott Wave International's Educational Resources, Wayne Gorman, tells you about 3 practical benefits of trading with the Elliott Wave Principle: setting realistic price targets, finding ideal entry points -- and squeezing the most out of the trend.
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Wednesday, January 25, 2017
Currecide: The Globalists’ Planned Annihilation of Your Savings and Freedom / Politics / Banksters
By: Stewart_Dougherty
After a decade’s worth of sharply detailed and psychologically painful analysis, Dr. Rudolph Rummel determined that in the 20th Century, governments killed 262 million of their own citizens. This was in addition to the roughly 40 million persons killed in combat during the same century, in government-waged wars. In all, governments were responsible for the murder of more than 300,000,000 people in the 1900s alone.
Rummel coined a term for this mass annihilation: “Democide,” which he defined as “the murder of any person or people by a government, including genocide, politicide and mass murder.”
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Wednesday, January 25, 2017
Alt Trump Builds that Wall, Bans Muslims But Not Saudi Terrorists / Politics / US Politics
By: Nadeem_Walayat
Trump's pen has been busy this week signing off executive orders left, right and centre, from checking off the fossil fuel industries top 10 wish list, to authorising the start of construction of the "Trump Wall", to starting to implement a ban on muslims entering the United States from 7 nations, supposedly for reducing the risks of importing terrorism. Though the Alt-Facts President Trump chose to turn a blind eye to by far the greatest exporter of terrorist ideology, Saudi Arabia with it's wahabi puritanical ideology that petro-dollars has fuelled the export of since the 1970's. That and 15 of the 19 Sept 11th hijackers were Saudi's. But FACTS don't matter for America's Alt-Facts President for Trump cannot ban rich Saudi's as that will hit custom at his hotels and golf courses.
Wednesday, January 25, 2017
Disturbing US Anti-China Saber Rattling / Politics / US Military
By: Stephen_Lendman
Saber rattling by Trump administration officials on China give pause for concern, continuing Obama’s hostile approach, risking direct confrontation if not curbed.
At his Senate confirmation hearing, Secretary of State designee Rex Tillerson recklessly said “(w)e are going to have to send China a clear signal that, first, the island-building stops and second, your access to those islands also is not going to be allowed.”
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Wednesday, January 25, 2017
Theresa May Announces That the UK Will Leave the Single Market – The Markets' Reactions / Stock-Markets / BrExit
By: Submissions
UK Prime Minister Theresa May announced, in a divisive speech, that the terms of the 'Brexit' voted for in the UK referendum last summer were to include leaving the single market. This would mean that the UK will negotiate new trade deals with the single market, as other non-EU countries do, and that the freedoms that exist within the single market (such as free movement of goods and people), as well as its regulations, will no longer apply to Britain.
Wednesday, January 25, 2017
Police State Tactics Target Independent Journalists Covering Anti-Trump Protests / Politics / US Politics
By: Stephen_Lendman
First Amendment rights are too precious to lose. Without them, all others are at risk.
On January 20, six independent journalists were arrested in Washington for doing their jobs - covering protests during Trump’s inauguration.
They committed no crimes, yet face possible prosecution and imprisonment. The affected journalists include documentary producer Jack Keller, independent photojournalist Shay Horse, independent journalist Matt Hopard, free lance reporter Aaron Cantu, Vocativ journalist Evan Enger, and RT America’s Alexander Rubinstein.
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Wednesday, January 25, 2017
Gold Market Insider David Smith: Turning Points Appear Suddenly, So Must Be Prepared... / Commodities / Gold and Silver 2017
By: MoneyMetals
Mike Gleason: It is my privilege now to welcome back David Smith, senior analyst at The Morgan Report and regular contributor to MoneyMetals.com.
Well David, happy new year, my friend and thanks for joining us again. How are you?
David Smith: I'm doing good, Mike. Looking forward to a very exciting year. I think we're going to have all sorts of interesting things to be watching and reacting to.
Wednesday, January 25, 2017
Blockchain – Central Banks Banking On It As Debase Currency / Currencies / BlockChain
By: GoldCore
Blockchain – Central Banks Banking On Blockchain
“The root problem with conventional currency is all the trust that’s required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust …”
Satoshi Nakamoto (Unknown person or persons who designed bitcoin and created its original reference implementation, Bitcoin Core)
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Wednesday, January 25, 2017
Tweetonomics: Implications of @realDonaldTrump / Politics / US Politics
By: Axel_Merk
Faced with a Tweeter-in-chief, how are investors to navigate what's ahead? Is there a strategy behind President Trump's outbursts; and if so, how shall investors position themselves to protect their portfolios or profit from it?
Wednesday, January 25, 2017
TLT Update…US Bonds and Gold an Odd Couple / Interest-Rates / US Bonds
By: Rambus_Chartology
Lets start by looking at a weekly chart for TLT, 20 year bond etf, which shows it built out a H&S top last summer. That H&S top is a reversal pattern that showed up at the end of its bull market which has been ongoing for many years. There is a big brown shaded support and resistance zone that has been offering support.
Wednesday, January 25, 2017
The Yoke Of Stupidity Is Strangling America / Politics / US Politics
By: Barry_M_Ferguson
California Governor Brown says the state budget deficit is growing and one of the reasons is the minimum wage increase that state voters just approved. Duh! State government worker pay is tied to minimum wages and as minimum wages go up, so too do government wages. That means the state government has to increase expenses and that calls for even higher taxes. Those extra taxes might be hard to raise as survey out revealed that in states and municipalities that elected to raise minimum wages, 75% of business respondents reported they were cutting back on hours and employees as a result. Duh! Can humans get any stupider? From my last post, the governor and the voters should have listened to the smartest man in California, Simon Salazar.
Wednesday, January 25, 2017
We Could See US Job Creation Fall off the Cliffs in the Months Ahead / Economics / Employment
By: Harry_Dent
Let’s do a quick thought experiment…Imagine you’ve got two people in the workforce. Let’s say one is 40 and the other 65.
When both are gainfully employed, the unemployment rate is 0%. We’re enjoying full employment within the labor pool.
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Wednesday, January 25, 2017
Does Trump Have a Magic Wand? I Simply Don’t Buy It! / Politics / US Politics
By: Harry_Dent
As Trump was inaugurated, it seems most people are feeling better about the economy. Even a more liberal analyst said yesterday in an interview that he thought Trump should raise the minimum wage to $15 to stimulate demand!Seriously?!
A Bernie Sanders, far-left strategy in a Republican Congress?
How delusional can you get?
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