Saturday, June 11, 2016
Stock Market Headwinds At 2116......Some Key Sectors Quit At Long-Term Down Trend Lines..... / Stock-Markets / Stock Markets 2016
By: Jack_Steiman
It was a very interesting week. The banks had started to lead higher some weeks back when it was considered a slam dunk that the Yellen would raise rates at the June meeting coming up next week. Then the market got hit with a negative surprise with the Jobs Report that came in roughly 130,000 jobs short. Smart money recognized that the rate hike was off the table for June, and, thus, rates started to fall. The banks hit its long-term, down trend line, and instead of breaking through, it turned and headed south. Too many economic negatives to make a clean breakout, which would have likely led to the S&P 500 challenging the old highs at 2134. It was a real slap in the face to the financials, and that carried over to the rest of the market as this week came to an end.
Read full article... Read full article...
Friday, June 10, 2016
Gold Stocks Retreat at Resistance / Commodities / Gold and Silver Stocks 2016
By: Jordan_Roy_Byrne
Over the past two weeks gold stocks have surged more than 20% as the awful jobs report forced the bears to capitulate. That strong of a move in a brief amount of time will naturally slow or correct. Furthermore, gold stocks touched resistance Friday morning which led to a bearish reversal. While the bullish trend remains intact, the odds favor lower prices in the days ahead.
Friday, June 10, 2016
SPX is probing lower / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
I’m switching to an hourly chart to zero in on what is hanging up the decline in SPX. The culprit is a Short-term support/resistance line at 2099.86. The decline appears to be resuming after a bounce from that support zone.
The primary view is that SPX may bounce from one of the trendlines this afternoon to complete Wave [i].
Read full article... Read full article...
Friday, June 10, 2016
Massive Gold Stock Investment Buying / Commodities / Stock Markets 2016
By: Zeal_LLC
Gold’s strong gains so far this year have been overwhelmingly fueled by one dominant driver, massive investment buying. After shunning prudent portfolio diversification with gold for years, investors are finally starting to reestablish those essential positions. And since their collective gold holdings were so incredibly low heading into 2016, reflecting hyper-bearish sentiment, gold’s investment buying has only begun.
Friday, June 10, 2016
Stock Market Risk off / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
Good Morning!
SPX Premarket now appears to be beneathits round number support at 2100.00. Should the sell-off continue, it opens the door to test the trendlines at 2085.00 later today.
Read full article... Read full article...
Friday, June 10, 2016
Nasdaq Composite Pieces of The Puzzle / Companies / Tech Stocks
By: Joseph_VanDerveer
Below is a weekly chart of the Nasdaq or Comp accompanied by 5 pieces of the market puzzle.
Williams %R oscillator is suggesting overbought conditions.
Moving average crossover indicating momentum is slowing.
Friday, June 10, 2016
George Soros Buying Gold On BREXIT, EU “Collapse” Risk / Commodities / Gold and Silver 2016
By: GoldCore
George Soros is again buying gold and selling and going short stocks due to BREXIT and EU “collapse” risk, after a six year hiatus from the gold market.
Friday, June 10, 2016
Dollar, Gold and Silver Chart Analaysis / Commodities / Gold and Silver 2016
By: Gary_Savage
$USD – If the dollar gives us a normal duration intermediate cycle, it will not be due to bottom until September or October.
Read full article... Read full article...
Friday, June 10, 2016
Central Banks Inflating an Epic Bond Bubble - Video / Interest-Rates / Liquidity Bubble
By: Mario_Innecco
hi it's Friday a June tenth 2016
malekko 64 here home of alternative economics and contrarian view
i'm going to cover the sovereign bond market today or government bond market
mainly because we're hearing more and more how trillions and trillions of
government bonds are yielding a negatively
right now they have negative yields and right now we're up to 10 trilling about
10 trillion and i think is good about to get big bigger than the number and it's
mainly in Europe and Japan and there's a story from two days ago in the aft
uh-huh and it says Japan's BTM you threatens to quit jgb primary dealers
club bank of tokyo-mitsubishi is the biggest bank in Japan they're
threatening to quit as a primary dealer of japanese government bonds primary
dealers basically they buy government bonds when the government issues it and
then they take it on their books and then they try to sell it on to their clients...
Friday, June 10, 2016
UK Immigration Crisis Explained, Migrant Flows 1970 to 2015, EU Referendum / ElectionOracle / EU_Referendum
By: Nadeem_Walayat
Immigration is one of the primary drivers or triggering the EU Referendum as many deem it to be out of control as membership of the European Union means free movement for residency and work which is preventing the UK from controlling its borders for over a decade now as the UK finds itself buffeted by ever greater waves of migrant flows from Europe each year. All adding to those that came before with total immigration from the EU since 2000 now having passed the 5 million mark. All whilst both Labour and then the Conservative governments promises to be bring immigration under control having amounted to nothing, as the government has NO control over EU migration, which thus continues on an accelerating trend trajectory. Therefore voting to REMAIN within the EU ensures EU migration will continue to increase putting added pressure each year on housing, jobs and social services such as schools, NHS and the benefits system, virtually all of which are already at critical breaking point levels.
Friday, June 10, 2016
Gold, Silver and HUI Analysis / Commodities / Gold and Silver 2016
By: Dan_Norcini
Ever since that abysmal payrolls number hit the wires, gold has performed exceedingly well. Additionally, it does seem as if there is some strong gold buying ahead of the upcoming “Brexit” vote, an event which has the potential to create a fair amount of chaos depending on which way it goes.
Friday, June 10, 2016
Sloppy, Choppy Stock Market Consolidation Day / Stock-Markets / Stock Markets 2016
By: Harry_Boxer
The stock market indices continued their 3-day slide slightly, although the afternoon came back big from midday losses where it looked like they would roll over. However, support did hold. At the end of the day the S&P 500 staged a late, 3-hour rally that took the market back to much more reasonable losses.
Net on the day, the Dow was down 19.86 at 17,985.19, about 70 points off the low. The S&P 500 was down 3.64 at 2115.48, 8 points off its low. The Nasdaq 100 was down 7.94 at 4512.69, 18 points off its low.
Read full article... Read full article...
Friday, June 10, 2016
Bilderberg Will Not Allow Britain to BrExit - Where Is The Mainstream Media? / Politics / EU_Referendum
By: Jeff_Berwick
Bilderberg was founded in 1954 and is an annual private conference of 120 to 150 people of the European and North American political elite, leaders from industry, finance, academia and the media.
Along with Luke Rudkowski of We Are Change and Dan Dicks of Press For Truth, I infiltrated the conference last year. We were surprised to find the entire White House Press Corp. staying in the Bilderberg hotel in Austria. We wondered if Bilderberg was finally going to be more transparent.
Read full article... Read full article...
Friday, June 10, 2016
U.S. 30-year Bond Yield Breaks Down / Interest-Rates / US Interest Rates
By: Anthony_Cherniawski
Not only has the 10-year, but also the 30-year Treasury bond rate fallen beneath its Triangle trendline and challenging new lows not seen since the February market lows. It, and TNX are due for a Master Cycle low in the next three weeks. There may be a brief bounce in the next 24 hours, but the decline should resume shortly after.
Read full article... Read full article...
Thursday, June 09, 2016
Stock Market Aggressive Sell Signal on Deck / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
SPX opened down at 2115.65 leaving a gap of nearly 3.5 points. It appears that the gap may not be filled, which suggests the next leg down is about to begin. The support at 2111.00 has been broken, so the next level to be tested is the double trendlines at 2085.00.
Thursday, June 09, 2016
Brexit Fears are Deliberately Overblown, David Camerons Game of Fear / ElectionOracle / EU_Referendum
By: John_Browne
As the June 23rd BREXIT (the UK-wide referendum to leave the EU) vote draws near, the polls indicate a close result. Those urging a vote for the UK to remain inside the EU are suggesting increasingly dire economic consequences that would follow a yes vote by the British people to leave. Voices from London, Brussels, and Washington have all put immense pressure on British voters to bend to the will of the elites. To listen to their commentary one would think that apocalypse was just around the corner. But is there any substance to their warnings?
Thursday, June 09, 2016
Which Presidential Candidate is Better for Gold? / Commodities / Gold and Silver 2016
By: John_Mauldin
Hard Asset Alliance writes: Now that we’ve got the presidential race narrowed to three candidates, let’s examine which one might be better for gold investors.
2016 seems to be the year of the “alternative candidate,” and so hedge fund manager Dan Tapiero looked at how each candidate might impact the “alternative investment” of gold.
Read full article... Read full article...
Thursday, June 09, 2016
Swing Trading Day Trading / InvestorEducation / Forex Trading
By: Chris_Drinkwater
I have had a few questions lately from students regarding the difference between swing trading and day trading. At its core swing trading means holding for a few days or weeks whilst in day trading you execute the trade and close it in the same day. You may use the same strategy for either time frame.Read full article... Read full article...
Thursday, June 09, 2016
SPX is Testing Support / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
The SPX Premarket appears to be challenging the shelf of support at 2111.00. Today is a double Pivot day and 21 calendar days from the May 19 low. A reversal today would create a very left-oriented Cycle, which is bearish.
Thursday, June 09, 2016
Natural Gas Fails to Overcome Key Technical Level Despite Surge Higher / Commodities / Natural Gas
By: AnyOption
Although there is growing evidence to suggest that natural gas prices have broken out to the upside, recent price action over the last few sessions indicates that the rally has stalled and that key resistance remains in the way of a further climb. While fundamentals have not greatly changed over the last few weeks, natural gas prices have experienced a near 25.00% rally in just over two weeks. One of the key contributors remains higher average temperatures across the United States and predictions about the La Niña cycle will impact weather conditions going forward. However, should prices remain high, the falling rig count could conceivably reverse, bringing more supply to market and driving natural gas in storage even higher from current levels, adding to downside price pressures and causing natural gas to pullback from the current trend higher.Read full article... Read full article...