Friday, May 13, 2016
Learn How the Wave Principle Can Improve Your Trading / InvestorEducation / Elliott Wave Theory
Dear Reader,
You've heard the common trading advice: "Successful traders know how to control their emotions, instead of being controlled by their emotions." I bet you're thinking easier said than done, huh? As a trader, you're bombarded with countless possibilities that can make decisive action a stressful high wire act. It's no wonder your emotions can get in the way.
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Friday, May 13, 2016
Parliamentary Coup in Brazil / Politics / Brazil
In an overnight Wednesday session, majority fascist Brazilian senators voted to impeach Rousseff without just cause - following majority lower house members in mid-April voting the same way.
An 11th hour Supreme Court appeal on her behalf was denied, along with a separate appeal to bar vice president/interim president Michel Temer from replacing her ministers with ones he and other fascists usurping power choose.
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Thursday, May 12, 2016
Three Overlooked, Undervalued Picks for Today's Energy Market / Commodities / Oil Companies
The energy sector is a tricky place to invest right now, with a fine line separating the next bankruptcy candidate from a tenbagger. Chen Lin of the popular newsletter What Is Chen Buying?, What Is Chen Selling? helps investors navigate this minefield with three companies he believes will come out on top.
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Thursday, May 12, 2016
A Retest of Stock Market Resistance... / Stock-Markets / Stock Markets 2016
SPX bounced back within ticks of its mid-cycle resistance at 2070.92 and within a point of its 50% retracement at 2069.99. We may see it decline back beneath its 4.5-year trendline this afternoon. Short positions should be in place, as it appears the next few days may be eventful.
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Thursday, May 12, 2016
Pope Francis Calls For Worldwide Communist Government / Politics / Religion
In this Jubilee Year 2016, Pope Francis affirmed communism as the best structure for humankind and the European Union.
He did so upon receiving the Charlemagne Prize last week and made a speech that included the following comment: “We need to move from a liquid economy prepared to use corruption as a means of obtaining profits, to a social economy that guarantees access to land and lodging through labor.”
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Thursday, May 12, 2016
Charles Hugh Smith: "Why Our Status Quo Failed & Is Beyond Reform! / Stock-Markets / Financial Markets 2016
The Financial Repression Authority is delighted to have Charles Hugh Smith, prolific writer on the web and author of the highly acclaimed book, Why Our Status Quo Failed and is Beyond Reform. FRA Co-Founder, Gordon T. Long delineates with Charles on the core topics that are mentioned in his book as well as go over key diagrams to supportive diagrams.
Charles Hugh Smith is the Publisher of the site “Of Two Minds”. From its humble beginnings in May 2005, Of Two Minds now attracts some 200,000 visits a month and has been listed No. 7 in CNBC’s top alternative financial sites. His commentary is featured on a number of sites including: Zerohedge.com. The American Conservative, Peak Prosperity and AOL’s Daily Finance site (www.dailyfinance.com. He has written eight books. Charles Hugh Smith graduated from the University of Hawaii, Manoa in Honolulu. Charles Hugh Smith currently resides in Berkeley, California and Hilo, Hawaii.
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Thursday, May 12, 2016
Gold Daily and Silver Gathering Storm / Commodities / Gold and Silver 2016
"Some touch of the artist wells up within me, and calls insistently for a well-staged performance. Surely our profession, Mr. Mac, would be a drab and sordid one if we did not sometimes set the scene so as to glorify our results. The blunt accusation, the brutal tap upon the shoulder - what can one make of such a denouement?
But the quick inference, the subtle trap, the clever forecast of coming events, the triumphant vindication of bold theories - are these not the pride and the justification of our life's work? At the present moment you thrill with the glamour of the situation and the anticipation of the hunt. Where would be that thrill if I had been as definite as a timetable?” - Arthur Conan Doyle, Sherlock Holmes: The Valley of Fear
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Thursday, May 12, 2016
Stock Market Decline Makes a Tentative Beginning / Stock-Markets / Stock Markets 2016
SPX is still on an aggressive sell signal. It has crossed the first support at 2077.76, but has several more to go. The Aggressive sell becomes a confirmed sell beneath the 4.5-year trendline or the 50-day Moving Average, now up to 2049.40.
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Thursday, May 12, 2016
Global Gold Investment Demand Surges Record 122% In Q1, 2016 / Commodities / Gold and Silver 2016
Global gold demand surged a record 21% and gold investment demand a record 122% in Q1, 2016 according to the World Gold Council who released their ‘Gold Demand Trends Q1 2016’ report today.
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Thursday, May 12, 2016
More Short-Term Stock Market Uncertainty As Stocks Hover Along Last Year's Medium-Term Highs / Stock-Markets / Stock Markets 2016
Briefly: In our opinion, no speculative positions are justified.
Our intraday outlook is neutral, and our short-term outlook is neutral. Our medium-term outlook remains bearish, as the S&P 500 index extends its lower highs, lower lows sequence:
Intraday outlook (next 24 hours): neutral
Short-term outlook (next 1-2 weeks): neutral
Medium-term outlook (next 1-3 months): bearish
Long-term outlook (next year): neutral
Thursday, May 12, 2016
SOS Italy. ExItaly! - Video / Politics / Italy
Transcript Excerpt: Its Thursday May 12 2016 yeah I want to talk about it early this morning
and how its leaves sinking there's an interesting article in The Telegraph da
Costa UK which are linked to it by Ambrose evans-pritchard he's an
economics writer for The Telegraph and the headline in Italy must choose
between the euro and its own economic survival so a little bit of background
when Italy you know because many people think that things have been as they have
for every you know that italy is a country or state that Germany is a
country even the United States you know that it's been as it is for over 200
years but if you look deeply into the history has you know the United States
Thursday, May 12, 2016
Stock Market Turns Down After Two-Day Rally / Stock-Markets / Stock Markets 2016
The stock market indices had a turn-around day after a two-day rally. They retraced and are doing some retesting here, ending the day on a sour note. The day started out with a pop to the upside, they made new highs on the Nasdaq 100, but the S&P 500 failed to confirm. When that occurred, they came down hard, formed bear wedges, and by midday were headed lower. In the afternoon there was a steady sell off in stair-step fashion, and they closed near the lows for the day going away.
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Thursday, May 12, 2016
S&P 500 Back Testing...Retail Crushed.... / Stock-Markets / Stock Markets 2016
The market can confuse the best of them. No one could have seen today coming after we broke out yesterday on the S&P 500 with its move above the 20-day exponential moving average at 2069. It had traded between the 20- and 50-day exponential moving averages for a few days, but then suddenly made the move up, although there didn't seem to be a good reason to do so. Since earnings are poor along with a plethora of other problems it made little sense to make the move, although the trend is clearly higher. That said, the move was made and it was made with some force as we closed at 2084, nearly one percent above.Read full article... Read full article...
Thursday, May 12, 2016
Investing 101: Be Patient When Markets Are Looking For A Trend / Stock-Markets / Stock Markets 2016
There is nothing as powerful as a market that is trending. Think of the U.S. stock market in 2013/2014, or gold in 2010/2011. For short sellers, the crude oil market in 2015 was a wet dream.
What we currently see, however, is a neutral market. There is no trend, and that is by far THE most difficult thing to deal with, at least for the majority of investors. In a trendless environment, investors feel the need to “do something”. When you think about logically, you will conclude that it is better to give trendless markets time so they can choose a direction. While that is correct in theory, it appears not as simple in reality. Does that sound familiar?
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Thursday, May 12, 2016
How Recent Foreign Currency Fluctuations Affected Major Stocks / Companies / Company Chart Analysis
Investors can never shy away from the stock market because of the several benefits that come with investing in income generating assets. However, over the last few quarters, this market has been greatly affected by the non-income generating assets such as commodities and currencies.
Even the most popular stocks have not been spared in this case. Multinational companies listed on major exchanges such as the NYSE, NASDAQ and the London Stock Exchange have been affected by global currency fluctuations as the USD, the GBP and JPY among other major currencies continue to fluctuate from one reporting quarter to the next.
Wednesday, May 11, 2016
BBC Global 30 Index signalling That Stocks Bull Market is Not Over / Stock-Markets / Stock Markets 2016
All men can see these tactics whereby I conquer, but what none can see is the strategy out of which victory is evolved. Sun TzuThis index gives one an idea of how the global economy is doing; it combines the economic information of 30 of the world’s largest companies. If it is faring badly, then it’s a signal that the global economy is not holding up well.
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Wednesday, May 11, 2016
Stocks Bull Market Is Exhausted; Make the Move to Gold / Commodities / Gold and Silver 2016
Legendary investor Stan Druckenmiller, founder of Duquesne Capital Management LLC, told the Sohn Investment Conference in New York last week that he is bullish on gold and bearish on the stock market. Gold, he told the conference, "is our largest currency allocation."
Druckenmiller recommended that investors sell their equity holdings. "The bull market is exhausting itself," he told the conference. A major factor has been the Federal Reserve's easy money policy, which has resulted in "reckless" corporate behavior.
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Wednesday, May 11, 2016
Finance + Stress = Suicide / Politics / Social Issues
Last night, I made it back to Athens, still half a cripple, but there must be someone in this city who knows how to stick needles in the appropriate muscles, right?!, paid the rent for the Social Kitchen big house/nerve center late this morning, a tough 1 mile walk for my leg muscles -they kill me!-, still, that’s done, and hoping to get back to writing articles very soon, but having an ouzo right now just to make sure I blend in with the Romans. One can never be too sure.
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Wednesday, May 11, 2016
A Perspective on the Markets / Stock-Markets / Financial Markets 2016
Good Morning!
I wanted to do a survey of the major domestic stock indices to get a “feel” for where we may be.
The first is the NDX, which has the cleanest pattern. Note the clear (no overlap) pattern in the decline. This decline begs to be extended in a series of impulsive declines. In a measured decline, the NDX may drop to 3724.00, below both the February and the August lows.
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Wednesday, May 11, 2016
Gold Bullion Is “Long Term Insurance Policy” – HSBC’s Steel / Commodities / Gold and Silver 2016
Gold bullion is a “long term insurance policy” according to James Steel, chief commodities analyst at HSBC, who spoke with Tom Keene about what’s driving gold markets on “Bloomberg Surveillance” yesterday.
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