Wednesday, November 02, 2016
US Presidential Election Forecast 2016 - Will America Vote for BrExit Freedom? / ElectionOracle / US Presidential Election 2016
It's the 2nd of November and not just America but the whole world is counting down to the US election day. Gone is the fantasy reporting of a week ago when the mainstream press, pollsters, political pundits, analysts, book makers and markets were literally all concluding that Hillary Clinton was heading for not just an election win but a landslide victory. And then the FBI detonated their Hillary emails bomb which has galvanised into action what had been a Trump campaign literally on life support, which saw many cowardly republicans throwing in the towel, abandoning the Trump ship, leaving the Trump Terminator to keep relentlessly plowing on and on, on his own, regardless of what the establishment media threw at him every other day, that which would have killed off any ordinary candidate's campaign months ago!
Read full article... Read full article...
Tuesday, November 01, 2016
Precious Metals Stocks May Be Poised for a Major Upswing / Commodities / Gold and Silver Stocks 2016
Technical analyst Clive Maund outlines why he believes the correction in gold and precious metals stocks is coming to an end.
It now looks like gold's correction is done and its intermediate base pattern is completing. If so, then we are at an excellent entry point for many better precious metals (PM) stocks, which have been savagely beaten down over the past several months—a necessary correction following their outsized run-up earlier in the year.
Read full article... Read full article...
Tuesday, November 01, 2016
Stock Market Bottoms Up! / Stock-Markets / Stock Markets 2016
Last week’s commentary detailed the Hybrid Lindsay forecast for a low near Friday of last week. While the market did trend downward into Friday’s close near important support at 2,120, internal indicators show very few signs of an oversold market. In other words, it’s tough to make a case for a tradable low here without any confirming indicators.
Read full article... Read full article...
Tuesday, November 01, 2016
SPX May be Ready to Bounce / Stock-Markets / Stock Markets 2016
It appears that SPX has declined beneath all its recent lows. Despite the sloppy, overlapping decline, one probable pattern stands out. Minute Waves [i] and [ii] may not yet be complete. If so, we may see a decline to the vicinity of 2112.00 (Wave [i]) before a bounce into tomorrow’s Fed announcement (Wave [ii]).
Should that be the case, the bounce tomorrow may be a strong one.
Read full article... Read full article...
Tuesday, November 01, 2016
Here’s Everything You Need to Know About the ETF Business / Companies / Exchange Traded Funds
BY JARED DILLIAN : People still think of me as an “ETF guy,” even though it’s been years since I’ve made markets in ETFs.
I was in the ETF business during the Jurassic period, when ETFs were mainly trading vehicles, not something you really invested in.
But I’ve seen the entire arc of the industry, from inception (those crazy days of the QQQ on the AMEX) all the way to the present, disrupting the mutual fund industry and gathering trillions in assets.
Read full article... Read full article...
Tuesday, November 01, 2016
US Presidential Election 2016 - Your Vote Won’t Count! / ElectionOracle / US Presidential Election 2016
BY PATRICK WATSON : Election Day is coming and everyone is telling us how to vote. I have a more basic question: should you vote at all?
Don’t do it. Voting in the presidential election could kill you. We know this because economists say so.
I know that sounds weird. Let me explain.
Economics is all about how we allocate scarce resources… such as your vote. Like most other decisions, we make it using cost-benefit analysis: What does x cost and what benefit will it give me? If benefit outweighs cost, then x is a rational choice.
Read full article... Read full article...
Tuesday, November 01, 2016
Make America Economically Great Again / Economics / US Economy
I recall writing (back in the 1990s and early 2000s) that one of the great things about the US was our economic mobility. By that, I mean the ability of people to shift on the economic spectrum—to move from being a low-income family to being a high-income family, for example.
But recent studies tell us this is no longer the case.
It means the America I grew up in is changing. And that cuts right into my emotional comfort zone. I guess this should not surprise me because (a) the US is always changing, and (b) the evidence clearly shows the cultural shifts and economic woes of the younger generation.
Read full article... Read full article...
Tuesday, November 01, 2016
Bonfire Night, Fireworks Dangers Safety Code for Teens and Children! / ConsumerWatch / Educating Children
It's bonfire night again soon and already groups of teens are roaming the streets letting off fireworks. So here is a timely reminder that fireworks are VERY DANGEROUS! So follow some simple steps such as never holding a firework or returning to a firework once lit to ensure you have a happy and safe bonfire night!
Read full article... Read full article...
Tuesday, November 01, 2016
The Fight Against The North American Union And Globalism Is In Standing Rock / Politics / US Politics
If you are one of the few people left watching the mainstream media, you’d think that the only thing currently going on has to do with Donald Trump or Hillary Clinton.
There is much more going on than that, however. Aside from the ongoing military tensions with Russia and the faltering economy, there is a stand-off currently happening that is barely being reported on in the mainstream.
Read full article... Read full article...
Tuesday, November 01, 2016
Stock Market Indices Close Lower After Drifting Most of the Day / Stock-Markets / Stock Markets 2016
The stock market indices started the week off on a sour note, although they did gap up at the opening, they pulled back, tested, made slightly higher highs on the S&P 500, but the Nasdaq 100 was not able to do so. The rest of the day was spent drifting back down, and in the last hour, they went negative and closed near the session lows going away.
Net on the day, the Dow was down 18.77 at 18,142.42, 12 points off the low and about 50 points off the high. The S&P 500 was down .26 at 2126.15, about 60 cents off its low, 7 off its high, and very, very narrowly changed. The Nasdaq 100 was down 4.32 at 4801.27, closed at the low for the day, and 22 points off its high.
Read full article... Read full article...
Tuesday, November 01, 2016
Gold, Rate Hikes and the US Presidential Election / Commodities / Gold and Silver 2016
The next ten days or so will present gold with two major events both of which could impact on gold in different ways depending on their particular outcome and they are as follows:1. Possible interest rate hikes in the US as the FOMC meet
2. The US Presidential Election
Read full article... Read full article...
Tuesday, November 01, 2016
Stock Market Same Old Boredom....Elections Coming Up... / Stock-Markets / Stock Markets 2016
The market did today what it seems to do most every day. Gap and then go nowhere for the rest of the day. The market seems to waiting on the elections to come and go with the hope that Clinton will win only for the fact that it means The Dove, known as Yellen, will remain in place. It also wants deadlocks in the house and senate. However, before we get to the elections we get to look in on how the economy is doing on both manufacturing and services and then we'll gander a look at the Jobs Report on Friday. The fed is in between all this nonsense. Tomorrow it all starts with the ISM Manufacturing Report.
Read full article... Read full article...
Tuesday, November 01, 2016
Silver Charts Indicate Now May Be an Excellent Entry Point / Commodities / Gold and Silver 2016
Calling an end to the correction in silver is tricky, but technical analyst Clive Maund sees an intermediate base forming for silver stocks, a "classic buy spot."
Read full article... Read full article...
Monday, October 31, 2016
Stock Market - Things are getting interesting... / Stock-Markets / Stock Markets 2016
SPX did rally this morning, but only to the 61.8% retracement of Friday’s decline. That peak at 2140.72 marked 4.3 days from the previous high at 2154.79. An uninterrupted decline from that point for 8.6 days would put the low on the afternoon of November 9. It would also be 86 days from the All-time high in SPX on August 15 and 12.9 days form the NDX All-time high.
Read full article... Read full article...
Monday, October 31, 2016
The Market Just Gave Us Three “Tells” But Few Are Paying Attention / Stock-Markets / Stock Markets 2016
Are you worried about a market drop?
I’m not, we’ve been preparing for what’s coming for weeks.
Why do I think the markets will be dropping?
Read full article... Read full article...
Monday, October 31, 2016
This Past Week in Gold Price / Commodities / Gold and Silver 2016
Technical analyst Jack Chan charts the last week's movements in the gold and silver markets.
Read full article... Read full article...
Monday, October 31, 2016
Corporate Earnings Fairytale Has an Unhappy Ending / Companies / Corporate Earnings
The air underneath stock prices is indeed getting very thin at these altitudes. According to none other than Goldman Sachs, median stock prices are positioned at the 97th percentile of historic valuations. Other metrics such as Median PE ratios, Market Price to Sales and Total Market Cap relative to GDP all validate the extremely overvalued condition of U.S. stocks.
Read full article... Read full article...
Monday, October 31, 2016
SPX May Rally, But Weakness Remains / Stock-Markets / Stock Markets 2016
The SPX Premarket is running higher this morning and the best Wave analysis I can give is that the Wave [ii] correction may not be over. This may comport with the FOMC meeting on Tuesday and Wednesday with a statement, but no press conference on Wednesday.
The trendline of the Broadening Top offered a support area for a bounce. The target for this retracement may be in the range of the 61.8% level at 2141.01 or as high as Intermediate-term resistance at 2147.58, which is also the 78.6% retracement level.
Read full article... Read full article...
Monday, October 31, 2016
Blame Government, Not Markets for Monopoly / Politics / Government Intervention
When Time-Warner announced it planned to merge with another major communications firm, many feared the new company would exercise near-total monopoly power. These concerns led some to call for government action to block the merger in order to protect both Time-Warner's competitors and consumers.
No, I am not talking about Time-Warner's recent announced plan to merge with AT&T, but the reaction to Time-Warner's merger with (then) Internet giant AOL in 2000. Far from creating an untouchable leviathan crushing all competitors, the AOL-Time-Warner merger fell apart in under a decade.
Read full article... Read full article...
Monday, October 31, 2016
More Short-Term Stock Market Uncertainty Following Economic Data, Earnings Releases / Stock-Markets / Stock Markets 2016
Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,180, and profit target at 2,020, S&P 500 index).
Our intraday outlook is bearish, and our short-term outlook is bearish. Our medium-term outlook is neutral, following S&P 500 index breakout above last year's all-time high:
Read full article... Read full article...