Wednesday, December 28, 2016
Stock Market Extremely Strong Pop to Start the Week / Stock-Markets / Stock Markets 2016
The stock market indices started the week off with a very strong move up with an extremely strong pop in the first thirty minutes, reaching the highs for the day. The DOW closed just underneath 20,000 at 19,980. However, in the afternoon, they pulled back in a 3-wave decline, particularly in the last hour, and finished barely ahead on the day.
Net on the day, the Dow was up 11.23 at 19,945.04, 35 points off its high. The S&P 500 was up 5.09 at 2268.88, 5 points off its high. The Nasdaq was up 25.78 at 4965.81, but still 27 points off its high.
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Wednesday, December 28, 2016
Market Trends Generated By Jubilee 2016 Will Continue Into 2017 And Beyond / Stock-Markets / Financial Markets 2017
There were numerous trends established or maintained in 2016. In fact, the seeds planted in 2016 from Jubilee Year are bound to sprout in 2017 or 2018 with the kind of chaos and economic destruction that will give rise to further globalism.
Gold, silver and bitcoin as we have regularly commented, are the assets to consider as we approach grimmer times. (A little more on repercussions at the end of this analysis.)
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Wednesday, December 28, 2016
Financial Markets 2016: A Year for Contrarians; 2017 Shaping Up That Way as Well / Stock-Markets / Financial Markets 2017
2016 was the year I finally decided to codify my niche as a psychology-focused market contrarian, putting the Alice, Red Queen and Rabbit components of NFTRH’s logo right there on my inner forearm, forever.
This is because I love the imagery and themes of NFTRH’s guiding metaphorical story, Alice in Wonderland, and because the weird technical tools I use are generally in service to one thing; being right when the herds are going the wrong way. The concept originally came to me as the markets were beginning their descent into the crash of 2008 as the newly launched market management service needed a view that was apart from the emotional herds then preparing to go down the drain. Alice’s quote (Lewis Carroll), a portion of which occupies my other inner forearm was perfect in this regard…
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Wednesday, December 28, 2016
2017: Where The Truth Lies / Politics / Social Issues
I was surprised to see how surprised I was, like I’m sure millions of people were, to see the term ‘fake news’ pop up in what are still called ‘respectable’ (which is by now really just another word for ‘old’) news outlets.
Because a huge part of what they have been feeding their readers and viewers for years is that very thing: fake news. Who needs a bunch of bored highschool kids in small town Montenegro when you have the offices of America’s ‘official’ news sources at your disposal?
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Wednesday, December 28, 2016
Stock Market Final Thrust Higher May Still Be Needed / Stock-Markets / Stock Markets 2016
SPX appears to be waiting for the final thrust in Wave [v] of an Ending Diagonal Wave 5. The target appears to be in the vicinity of 2281.00. Remember, 2285.92 is the maximum for Wave [5] in the SPX.
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Wednesday, December 28, 2016
War on Christmas / Politics / Religion
The annual War on Christmas, which began Black Friday, will finally end at New Year’s Day.
There are three main reasons it ends on New Year’s Day.
First, there are football games that displace the energy the easily-distracted ultra-right wing needs to get through the end of the year.
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Tuesday, December 27, 2016
Gold Price Due for a Bounce, But Remains in Long-term Bearish Trend / Commodities / Gold and Silver 2016
Bruce Powers writes: Spot gold (XAU/USD) remains in a long-term downtrend following a test of resistance at the long-term downtrend line over multiple weeks from July to September, and then again in November. A swing high of $1,375.15 was reached during that time, which was also a 2016 high and the highest price since March 2014.
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Tuesday, December 27, 2016
Is an Stock Market Intermediate Top Forming? / Stock-Markets / Stock Markets 2016
Current Position of the Market
SPX Long-term trend: If the market strength persists, the long-term trend may need to be re-evaluated.
SPX Intermediate trend: SPX intermediate P&F count to 2270 has now been met, but there are higher counts that could still be filled before a serious reversal take place.
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Tuesday, December 27, 2016
New Year's Resolutions for Donald Trump and US Congress / Politics / US Politics
In the spirit of New Year's, here are four resolutions for president-elect Trump and Congress that will enable them to really make America great again:
1) Audit the Fed....and then end it: The Federal Reserve Bank's easy money polices have eroded the American people's standard of living and facilitated the growth of the welfare-warfare state. The Fed is also responsible for the growth in income inequality. Yet Congress still refuses to pass Audit the Fed, much less end it.
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Tuesday, December 27, 2016
The Trump Reset - Regime Change, Russia the Over Hyped Fake News SuperPower (Part1) / Politics / GeoPolitics
This is the first of a two part in-depth analysis that seeks to forecast key mega-trend geopolitical consequences of the Trump Reset (Part 2: US Empire's Coming Economic, Cyber and Military War With China). Trump's US election win amounts to a pressing of the reset button on that which has passed for at least the past 40 years. Which demands a reappraisal of virtually everything to ascertain not just the impact of Trump but the trend reversal / rebellion underway amongst Western populations against the ruling elites that will impact on the mega-trend drivers of financial market trends for many years if not decades to come. Mega-trends such as climate change, war and emerging technologies such as AI, as a 40 year system based on lies piled on top of lies piled on top of even more lies resulting in delirious populations that were ripe for the likes of BrExit in the UK and Trump as my post US election video attempted to explain why delirium played a key part in Trump's election win which this in-depth analysis acts as a continuation of.
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Monday, December 26, 2016
Trump’s Economic Plan is a Betrayal of the People Who Voted for Him / Politics / US Politics
Trump’s economic plan has sent stocks ripping higher for six weeks straight. But what’s going to happen to stock prices when Congress gives Trump’s plan a big thumbs down? Has anyone thought about that yet?
And what about the Fed? Does anyone seriously think that Fed chairman Janet Yellen is going to sit on her hands while Trump launches a $1 trillion fiscal stimulus package that triggers a sudden burst of growth followed by a sharp uptick in inflation?
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Monday, December 26, 2016
The Big Theme for 2017: a Global Cash Ban / Stock-Markets / War on Cash
The big theme for 2017 will be Cash… not a pro-deflationary “time to own cash” theme… but a “let’s ban it as quickly as possible” theme.
Let’s review.
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Monday, December 26, 2016
The Next Big Stock Market Move Has Already Begun… But 99% of Investors Missed It. / Stock-Markets / Stock Markets 2016
The markets have begun to turn.
Sure… the broad indexes like the Dow and the S&P 500 are holding up…but beneath this surface, BAD stuff is brewing.
Copper, which lead stocks to the upside during this latest rally, has already TOPPED and is now correcting.
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Monday, December 26, 2016
Moment of Truth for US Bonds / Interest-Rates / US Bonds
Moment of Truth for Bonds
Bonds are severely oversold. There should be a bounce but if it’s weak, or doesn’t last very long then prepare for a crash. I’ve never seen a bubble yet that popped gracefully.
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Sunday, December 25, 2016
Russian Military Plane Crash Spoils Putin's Christmas / New Year Aleppo Surprise Victory Visit / Politics / Syria
President Vlad Putin planned surprise new years visit and Russian Orthodox Christmas (7th Jan) celebrations at formerly Syria's most populous city, Aleppo, which after 4 years of civil war and the recent Russian military backed onslaught has been turned to rubble. Nevertheless a celebratory Orthodox Christmas scene had been planned to the tunes of the Russian military band playing and singing patriotic songs with russian jets flying over, a military parade through cleared of rubble and white washed streets, all topped off with Vlad Putin's grand finale that follows in the footsteps of whom he was named after Vlad the Impaler, as the pinnacle of festivities will involve Vlad Putin disrobing and bathing in the blood of hundreds of dead Syrian children harvested earlier from the rubble of East Aleppo, leaving fellow Dictator Assad to look on whilst taking notes on how to truly frighten the people into obedience which Vlad Putin is the master of.
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Sunday, December 25, 2016
6 Charts That Show We Are in a Long-Term Stocks Secular Bear Market / Stock-Markets / Stocks Bear Market
As I look out over the coming years, I am convinced that we’ll see the blowing up of the biggest bubbles in history—including those of government debt and government promises. And it’s not just in the US, but all over the world.
That will lead to an eventual global crisis of biblical proportions. Although, it isn’t clear what the immediate cause of the crisis will be.
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Sunday, December 25, 2016
2 Charts That Debunk the Bullish Case for Stocks / Stock-Markets / Stock Markets 2016
There’s compelling evidence that US stocks are overvalued. Yet just in the last month, we saw investors react to the US election by bidding the benchmarks up to new all-time highs.
This implies they expect even higher prices next year. Can it happen?
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Sunday, December 25, 2016
Greece’s Debt Problem Has Reached a Dangerous Point / Interest-Rates / Eurozone Debt Crisis
BY ALLISON FEDIRKA : Before the Italian banking crisis and referendum, before Brexit… there was Greece. Greece’s debt crisis was really the first public crack in the European Union’s armor and one that has yet to be repaired.
Readers who want to understand why anti-EU sentiment and nationalism have developed in many of these countries don’t have to look at migration or other controversial topics. Simply look at Greece and how it has fared after adopting the EU’s austerity terms.
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Sunday, December 25, 2016
I Bet We’ll Get Four or More Interest Rate Hikes Next Year / Interest-Rates / US Interest Rates
BY JARED DILLIAN : The fed funds target is now 0.50%–0.75%.1 Hooray!
The Fed is finally, after eight years, normalizing interest rates.
The timing is awfully interesting, though—what a coincidence that the rate hike comes right after the election!
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Sunday, December 25, 2016
Gold As A Percentage Of Global Financial Assets / Commodities / Gold and Silver 2016
In 2014 Total Global Assets Topped $105 TRILLION (i.e more than $105,000,000,000,000)
An astronomical amount by any standards. Interestingly, only a small fraction of this monumental amount has been allocated to gold investments. Here below is the record of gold investments since 1980. To be sure a brief history of gold investment demand will indubitably put our analysis into sharp perspective.
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