Monday, June 20, 2016
Brexit Would Trigger Devolution of Europe / Politics / EU_Referendum
UK citizens will vote on June 23 whether to leave the European Union. The latest polls suggest that the vote is very close and the “Leave” side has a slight edge.
The poll I saw recently, however, showed “Leave” ahead by a full 10 points—55 to 45. More importantly, the trend over the past few weeks has seen the spread in favor of “Leave” widen.
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Monday, June 20, 2016
The not-so-cheap UK Personal Loans / Personal_Finance / Debt & Loans
Unsecured personal loans can be ideal for people who have debts to consolidate or who want to make a purchase with a fixed repayment plan. It’s not surprising, therefore, that in the current low interest rate environment this type of finance is proving to be popular with many borrowers.
However, these loans are not always the best option, and the latest research from Moneyfacts.co.uk reveals that anyone looking to take out a smaller loan may be shocked by how much they will be charged in interest compared to alternative forms of borrowing.
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Monday, June 20, 2016
The Fallacy of GDP Growth and How the UK Economy is Actually Shrinking / Economics / UK Economy
hi monday jun 20 of 2016 monaco 64 here home of alternative economics and contrarian views
I want to talk about GDP today that's gross domestic product just basically a
Keynesian centrally planned measure of economic production in any economy and
the equation for it is consumption plus investment plus government spending plus
net exports so yes they include government spending in gross domestic product which in my
opinion doesn't make any sense at all because government spending is done
through taxation government doesn't produce anything you may argue that they
run but the public sector but it's a monopoly and the only way they run it is
through taxation which is basic read distributing private income into the
government so I want to talk about the fallacy of economic growth of the last
eight years in the UK especially because that's where i am and you know we we've
Monday, June 20, 2016
Stock Market Week Of Uncertainty / Stock-Markets / Stock Markets 2016
Current Position of the Market
SPX Long-term trend: A lengthy correction is most likely underway!
SPX Intermediate trend: The British referendum could have a significant impact on the intermediate trend.
Analysis of the short-term trend is done on a daily basis with the help of hourly charts. It is an important adjunct to the analysis of daily and weekly charts which discuss longer market trends.
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Monday, June 20, 2016
Stock Market, Miners Update / Stock-Markets / Stock Markets 2016
Last week was one of our best profit weeks since March. We caught the short in the stock market from June 15 into the 16th and the GDX short into Friday where we went to all cash. Originally, my thinking was that we would see a June 17th bottom in the stock market, but perhaps as late as July 5th. Now I’m fairly certain that date is July 5th. My SPX target is now into the low 1910’s for July 5th.
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Monday, June 20, 2016
Brexit Rules The Week / ElectionOracle / EU_Referendum
The Brexit vote is this Thursday, so nothing else matters until then. And polls, just to make it even more stressful, have it neck and neck. See Brexit poll tracker back to even at 44-44.
While we’re waiting, let’s consider some related questions:
Would leaving the EU be good or bad for Britain in the short run? A lot of definite-sounding opinion is being tossed around on this count — see ‘Negative and substantial’ impact on UK if it leaves EU: IMF — but it’s important to take such things with a grain of salt. No one has the slightest idea how such a divorce would go and if its immediate impact would be positive or negative.
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Monday, June 20, 2016
Will Gold’s Bullish Price Chart Outperform Gold’s 5 Bearish Indicators? / Commodities / Gold and Silver Stocks 2016
We are very closely watching the trend in the gold market, and we know that readers are doing the same based on the many thousands of views on our latest gold articles.
Earlier this week, we wrote that $1,291 is an extremely important gold price, and that at least 5 consecutive closes above that price would suggest the bull market in gold has returned. We explained why $1,291 is such an important gold price, and why June 2016 is an incredibly important month. Please re-read Gold bull or bear market: Why June 2016 is the most important month of the decade for gold.
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Monday, June 20, 2016
Bonds And Stocks At All-Time Highs: Are Markets Confused Or Broken? / Stock-Markets / Stock Markets 2016
We observe odd trends in the market, the most important one being Treasuries and stocks both trading near all-time highs. That is definitely not ‘normal’ (whatever that term means nowadays), as bonds stand for ‘risk off’ (a safe haven asset) while stocks are only performing in a ‘risk on’ environment.
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Monday, June 20, 2016
The Dow/Silver Ratio Signals All-Time High Silver Prices / Commodities / Gold and Silver 2016
I have written extensively about the relationship between the Dow and silver prices. One of the points I have emphasized, is the fact that Dow peaks are often followed by silver rallies.
Given the above, its natural that the Dow/Silver ratio is also an important indicator for future silver prices. One example of this, I deal with in my silver fractal analysis report:
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Sunday, June 19, 2016
Brexit Fear-Mongering / ElectionOracle / EU_Referendum
Sunday, June 19, 2016
Reason Brexit Debate Has Gotten So Out of Hand is Nobody Understands What it’s About / ElectionOracle / EU_Referendum
The Brexit campaigns have started anew in the UK, and from what I’ve seen here from left field barely a thing has changed since the murder of MP Jo Cox. Neither side has any qualms about using her death to make their respective points. The main, and perhaps only real, point is that nobody understands what the vote is about. Jo Cox, bless her soul, didn’t either.
This lack of understanding is also, at the same time, the reason why the debate has gotten so out of hand. Nobody seems to understand it’s not about Cameron or Nigel Farage, or Michael Gove vs Boris Johnson, it’s about voting for or against the EU, for or against Juncker and Tusk and five other unelected presidents having a say in one’s life.
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Sunday, June 19, 2016
Silver Sleeping On the Job / Commodities / Gold and Silver 2016
In the time of the ancient Babylonians - long before the periodic table - there were seven sacred metals: gold, silver, copper, iron, tin, lead and mercury.
In Roman and Greek Mythology, the First Age was called Golden, the Second Age Silver. Apollo, the god of truth and light, and teacher of medicine, carried a silver bow.
The hieroglyph of Isis (Egyptian moon goddess) is a crescent and images of her are usually reproduced with her standing on the Crescent. This has also become the symbol for silver – on old maps a crescent shows the location of a silver mine.
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Sunday, June 19, 2016
Trading Markets - When Is A Candle Not A Candle? / InvestorEducation / Learn to Trade
When it's a bar? When it's a line drawing? Mountain? A candle is never a candle, it is a representation of a group of people buying and selling. Further to that, you could say it is a representation of thousands of people's hopes and dreams as they try to make this thing called trading work for them.
It seems so obvious when you write it down like this but I don't think the average trader gives it a moment's thought. A candle to them is one in a series that makes a pattern that will ultimately lead them to a buying or selling decision. Ignore the truth of what the candle represents at your peril.
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Sunday, June 19, 2016
Donald Trump vs The First Amendment / Politics / US Politics
If Donald Trump should become president, don’t expect his administration to be a transparent one or one that tolerates dissent and believes in the First Amendment.
At his campaign rallies, even those held at public venues, he forbids, according to his press advisories, “homemade signs, banners, professional cameras with a detachable lens, tripods, monopods, selfie sticks, back packs or large bags.”
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Saturday, June 18, 2016
How Elliott Waves Tell You When to "Jump In" & When to "Jump Out" of Markets / InvestorEducation / Learn to Trade
Our senior instructor tells you how he analyzes real price charts to spot trade opportunities
Jeffrey Kennedy, the editor of our Trader's Classroom service, talks about some of the easy techniques to help you spot high-confidence trade opportunities.
Take a listen -- and see if you can adapt his methods.
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Saturday, June 18, 2016
Stock Market Inflection Point During Bifurcation / Stock-Markets / Stock Markets 2016
The market started the week at SPX 2096. After hitting SPX 2098 in the first hour of trading on Monday the market dropped to 2064 by Tuesday. A rally followed into Wednesday on the FOMC meeting, and the market hit SPX 2086 minutes after the FOMC statement. Then the market pulled back again, gapped down to open Thursday, and hit SPX 2050 before rallying to 2080 into the close. Friday saw a lower open as the market dropped to SPX 2063, then bounced to close the week at 2071. For the week the SPX/DOW were -1.05%, and the NDX/NAZ were -1.90%. Economic reports for the week were again mostly positive. On the downtick: industrial production, capacity utilization, housing starts and weekly jobless claims rose. On the uptick: the NY/Philly FED, the NAHB, building permits, the Q2 GDP est., export/import prices, retail sales, business inventories, and the CPI/PPI. Next week’s reports will be highlighted by FED chair Yellen’s semiannual economic report to Congress, Durable goods orders and more Housing reports.
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Saturday, June 18, 2016
Gold And Silver – Insanity Is World “Norm.” Keep Stacking! / Commodities / Gold and Silver Stocks 2016
We know of no discernible line where stupid begins; for sure, it does not end. There are two primary reasons for the never-ending goal of buying and holding physical gold and silver:
1. Both are the only valid form of money. Yeah, yeah, anyone can argue sea shells, livestock, whale’s teeth, barter, any form of paper, etc, etc, etc, but none of them will fly now or even in the last century. When all is said and done, throughout the history of
mankind, gold and silver rule.
Saturday, June 18, 2016
Nasdaq Underperforming Again....Brexit Is Next Up... / Stock-Markets / Stock Markets 2016
The most interesting thing to take away from the past two years of going nowhere has been the continued, under-performance of those tech stocks everyone loves to own. For the most, and there have been small periods of exceptions, the Nasdaq has been the place big money doesn't want to go very often. The focus has been on safety plays. Lower risk plays with lower P/E's. Lower valuations over risk simply, because valuations are so out of line with reality. Tech stocks have those higher valuations, and quite often those higher valuations have led to some nasty blood baths.
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Saturday, June 18, 2016
Gold Stocks - Bull Markets that Follow Epic Bears / Commodities / Gold and Silver Stocks 2016
The gold mining stocks continue to defy any bearish price action or perceived bearish development. Pundits first warned because of the “bearish” CoT data. The commercials are always right and a big decline is coming! Then we heard the miners were too overbought and would have to correct 20%. (I thought this once or twice!) Next we heard Gold was forming a head and shoulders top. Conventional analysis is failing in trying to predict or even explain what is happening and why. A look at history helps explain why the gold mining sector has remained extremely strong and almost immune to any sustained correction. Simply put, history shows that epic bears give birth to bull markets that in their first year do not experience any significant correction or retracement.
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Friday, June 17, 2016
Stock Market On the Brink? / Stock-Markets / Stock Markets 2016
SPX made an impulse down and may be finishing the retracement as I write. Instead of the 50-day acting as resistance we now have the mid-Cycle resistance at 2076.32 in its place. Stock options “mature” at 3:00 pm, so there may be a let-down into the close.
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