Sunday, September 11, 2016
A Little Perspective and Stock & Bond Market Notes / Stock-Markets / Financial Markets 2016
The opening segment of this week’s Notes From the Rabbit Hole (NFTRH 412) was intended to be a quick blurb but went on to become a five page exercise. It is shared publicly not so much because it is hard core analysis (which the rest of the report took care of), but because after a week like last week I think being a little wordy can be for the better.
I had a difficult week last week; a couple things had gone wrong and my schedule was just ridiculous. On Wednesday I was feeling pretty stressed out and wondering why I just can’t seem to catch a break. Then I looked up and saw a man with two hooks for hands walk by. It was almost as if he were sent into my view to straighten me out.
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Sunday, September 11, 2016
The Meaning of 911 Fifteen Years After / Politics / War on Terror
What kind of an American are you? Will you mourn the dead or will you celebrate the government as protector of national security? For thoughtful and historically balanced realists the correct reaction is that the last remnants of the Republic collapsed with the twin towers and burned with the response from the Pentagon fire. Most docile and obedient subjects of the despotic regime that has morphed into outright tyranny still believe the official report from The National Commission on Terrorist Attacks Upon the United States, provides the definitive details on the 911 investigation.
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Sunday, September 11, 2016
Gold vs Stocks: The New Normal / Commodities / Gold and Silver 2016
Stock prices have always been deemed to have an inverse relationship with the price of gold mainly because unlike the yellow metal, investors tend to fancy them when global economies are doing well. Gold is often seen as a fallback plan when things go caput in the stock market.
Stocks are income driven and if the economy is doing well, then equity prices are likely to improve to mirror the change in the overall economic outlook. Income driven investments tend to provide better returns than currency investments in a strong economy.
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Sunday, September 11, 2016
Cheap Toddler Swing Chair Review - Buy Online from Amazon, EBay or Tesco stores / Personal_Finance / Reviews
Find out how Toddler swing chairs are a cheap, cost effective way of keeping your toddler entertained during the summer months, at the very least save time on driving or walking to the local park, and then without waiting for an occupied swing to become vacant. This is a review of the cheap plastic toddler swing chairs typically sold on amazon, ebay and at supermarkets such as Tesco. So find out what you need to know before buying one.
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Sunday, September 11, 2016
Stock Market Predicts Donald Trump Victory / Stock-Markets / Stock Markets 2016
Some of you know that I like to forecast fundamentals based on my view of the technicals. We have had success with this in the past predicting a No vote in the Greek referendum on the EU bailout when polls suggested the Yes vote would prevail and also recently predicting a Brexit Leave vote when a vote to Remain was clearly favoured by the polls.
I believe the markets have a sixth sense and wrote an article about this titled The Sixth Sense of Markets, produced on the 14th April 2016, which is available to view on my website.
Sunday, September 11, 2016
Gold and Gold Stocks Correction Continues / Commodities / Gold and Silver Stocks 2016
The failure of Gold and gold stocks to sustain recent gains coupled with a strong selloff to close the week dashes any hope that the correction ended last week. The charts and probabilities argue that the sector remains in a larger correction and perhaps has started the C portion of a typical A-B-C (down-up-down) correction.
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Saturday, September 10, 2016
GDX Stocks Update.. : Welcome to “The Zone” / Commodities / Gold and Silver Stocks 2016
Welcome to PM Trader’s Nightmare.
We’ve been following the GDX as a proxy for the rest of the PM stock indexes which is showing the on going correction or consolidation phase of the first big move up off the January low. This first daily chart shows the unbalanced double top which is the first reversal point in this new consolidation phase. The double top has a price objective down to the 24.50 area which was almost touched late last week. As you can see the double top trendline has held resistance on two separate occasions with the second one taking place this week. At this point we still don’t have a confirmed low which could launch the second reversal point to the upside yet. The price action is in the middle of no man’s land presently.
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Saturday, September 10, 2016
Stock Market SPX Downtrend Underway / Stock-Markets / Stock Markets 2016
Another boring week until Friday. The market started the week at SPX 2180. After opening at SPX 2184 on Tuesday, it dropped to 2175 in the first hour of trading, then hit a higher high at the close. On Wednesday the SPX hit the high for the week at 2188. After that it declined into the close on Friday. For the week the SPX/DOW lost 2.3%, and the NDX/NAZ lost 2.4%. Economic reports for the week were light and slightly positive. On the downtick: ISM services and the Q3 GDP estimate. On the uptick: consumer credit, investor confidence, and weekly jobless claims improved. Next week, another options expiration week, reports will be highlighted by industrial production, the CPI/PPI and retail sales. Best to your week!
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Saturday, September 10, 2016
Gold And Silver Are Money. Everything Else Is Debt. Globalist’s Biggest Scam / Commodities / Gold and Silver 2016
Last week, in “Fiat ‘Dollar’ Says Gold And Silver Will Struggle,” we said the following:
[See 4th paragraph]
Money does not exist in this country. In fact, money does not exist anywhere in the world. What is money? So few people know, and many who profess to know do not. Money is a commodity with a recognized value. Gold and silver remain the last known standard of real money. Remember J P Morgan’s famous words: “Gold is money. Everything else is credit.”
The globalists, through their creation of the Federal Reserve, have sold the biggest lie ever to the world and continue to get away with it. People everywhere believe the fiat-created Federal Reserve Note, falsely called the “dollar,” is actually a monetary dollar. We have often stated how Federal Reserve Notes are evidences of debt issued by the Fed. We also always add that debt is not and can never be money, yet almost every American wrongly believes debt is money because they believe the Fed “dollar” is money.
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Saturday, September 10, 2016
Jubilee Jolt: Dow Down 400, Stocks Smashed In Biggest Drop Since Brexit / Stock-Markets / Stock Markets 2016
It was just two days ago that we wrote, “Gold Has Biggest One Day Rally Since Brexit as Elites Rush Into Gold”.
Now, to end the week, US stocks had their biggest drop since Brexit on Friday.
The Dow Jones Industrial Average fell 394.46 points, or 2.1%, to 18085.45, and the S&P 500 declined 2.45%, while the Nasdaq Composite lost 2.5%.
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Saturday, September 10, 2016
Are These Billionaire Bets Ringing Bells at the Stock Market Top? / Stock-Markets / Stock Markets 2016
The billionaires are coming out of the woodwork.
Carl Icahn paid his way through Princeton playing poker. The man understands risks and has accrued one of the largest fortunes in history playing the markets. Regardless of whether or not you think he’s a shark when it comes to activism, he usually wins and wins big.
Icahn is more bearish now than at any point in his life. He has 149% NET short the market.
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Saturday, September 10, 2016
Stock Market Hard Gap Down And Run.... Fed Governor's Talking Rate Hike... / Stock-Markets / Stock Markets 2016
When you have negative divergences on an index chart, or any chart for that matter, you're waiting for a gap down to occur in order to get that negative divergence to kick in and create real down side action. The gap down we saw today was quite powerful, but what was even more impressive was the gap and run lower. Many times we get a gap down, but most of the damage is done in the first few minutes. After that the market starts to recover and all is forgiven. This gap down didn't have those characteristics. Quite the opposite. It gapped down quite nicely and kept running lower. A sign of real selling from the big boys and girls who rule price. A negative divergence can be in place for weeks or months before the right candle stick hits and carries it appreciably lower.
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Saturday, September 10, 2016
Unlock Your Inner Contrarian With This Free Report on Apple, S&P and more. / Stock-Markets / Financial Markets 2016
Dear Reader,
Consider the common thread in these recent market calls:
Read full article... Read full article...Forecast: A 70% decline in the base commodity that runs the industrialized world (when most traders were bullish).
Saturday, September 10, 2016
Negative Interest Rates Will Kill Economic Growth / Interest-Rates / Negative Interest Rates
For years I have argued that ultra-low interest rates act more as an economic sedative than a stimulant. This idea has elicited laughter from the economic establishment. But it is becoming clearer that rates set by central banks that are far below the levels that free markets would have otherwise determined have dragged the world into the economic mud. The simple proof is currently arising in Europe where negative interest rates are now transforming companies from agents of growth, production, and employment into financial sloths that exist solely to borrow money.
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Friday, September 09, 2016
Gold Stocks Massive Price Correction / Commodities / Gold and Silver Stocks 2016
Gold stocks have suffered a terrible month, plunging in a serious selloff. The resulting carnage has left investors and speculators shaken, wondering if this red-hot sector’s blistering new bull this year has already run out of steam. These fears are misplaced, as massive corrections are common in major gold-stock bulls. They create bulls’ best buying opportunities in sentimental, technical, and fundamental terms.
It’s easy to understand why gold-stock sentiment is so bearish today, as this sector has been trashed since early August. In less than a month the gold miners went from 2016’s overwhelmingly-dominant top-performing sector to bear-market-grade losses! Falling from heroes to zeroes in such a short span of time is enough to test the resolve of even the most-hardened contrarians. It’s a tough turn of events to weather.
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Friday, September 09, 2016
USD/JPY Could Be Supported by BOJ Policy Stance / Currencies / Japanese Yen
easyMarkets writes: When the Bank of Japan released its last monetary policy statement, many analysts expected that they would follow suit with Japanese Prime Minister Shinzo Abe and the rest of the Japanese government by releasing a large stimulus plan. Prime Minister Abe’s plan gave a 28 trillion yen stimulus plan to bolster the economy. However, the Bank of Japan did not follow suit. Instead, they decided on increasing dollar-lending and exchange traded fund purchases. Despite negative interest rates, no changes were made to the base interest rate or to the current bond-purchase program.
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Friday, September 09, 2016
Stock Market Sell Signals Confirmed / Stock-Markets / Stock Markets 2016
SPX has broken the 50-day Moving Average at 2164.60 and is challenging the 2-hour Cycle Bottom. Because this is the crash decline, it may not stop for the trendline, either.
The SPX decline has a lot of downside work to do, so don’t be surprised.
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Friday, September 09, 2016
Stock Market - The Sh-- Hits the Fan / Stock-Markets / Stock Markets 2016
Good Morning!
SPX Premarket is down, breaking through the 2-hour mid-Cycle support and challenging the 50-day Moving Average. Should the SPX open beneath the 50-day, it may open the floodgates of selling.
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Friday, September 09, 2016
Gold During Presidential Election Cycle / Commodities / Gold and Silver 2016
Let’s analyze the chart below which shows how gold performed each year of the presidential election cycle. The first year of a presidency is a post-election year, the second is called the midterm election year, the third is the pre-election year, and the last year is an election year. For the yellow metal, the post-election year is the worst, as it gains only 2.27 percent, on average. On the contrary, the second year of the presidency is the best for the price of gold, as the shiny metal rallies 12.82 percent, on average. The pre-election (11.21 percent) and election (8.99 percent) years are between, but gold’s highest performance is evidently closer to the midterm year.
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Friday, September 09, 2016
The ECB’s Private Deals Are Distorting the European Markets / Stock-Markets / ECB Interest Rates
ECB President Mario Draghi famously pledged to do “whatever it takes” to restore eurozone growth. His attempts to fulfill that promise have led to NIRP and other bizarre policies like the central bank’s massive asset purchases.
Whether the ECB’s interventions are helping the eurozone economy is not yet clear. But they are certainly having consequences. One is the appearance, if not the reality, of central bank interference and favoritism.
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