Wednesday, June 12, 2019
Technical Analysis Shows Aug/Sept Stock Market Top Pattern Should Form / Stock-Markets / Stock Markets 2019
We have been pouring over the data and currently believe our earlier prediction of a July/August 2019 market top should be revised to an Aug/Sept 2019 expected market top pattern. The following research posts we authored recently suggested a top may form in July/Aug 2019 and believe this critical top formation would form at new all-time highs. We still believe this is possible regarding the price predictions, yet we believe the price top will now form near the end of August or early September after an extended Pennant/Flag formation is completed.
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Wednesday, June 12, 2019
FTSE 100: A Top European Index / Stock-Markets / UK Stock Market
Get the lowdown on the FTSE 100 in this news article from Vestle. Find out why many people including traders and bankers follow its every move.
European Indices: Read all about it
Every morning in London, it’s the same: amongst the throngs of suited men and women flooding out of the tube stations, you can’t help but notice a light pink bundle tucked under an arm or sticking out of a tote bag. Get a little closer and you’ll see the title, broadly displayed in a classic serif font: FINANCIAL TIMES. Or “FT” for short. This is where anyone and everyone who deals with money gets the inside scoop on market activity, investment performance, and how such things as geopolitical factors and monetary policy can affect them.
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Tuesday, June 11, 2019
Gold Surprise! / Commodities / Gold & Silver 2019
Sector expert Michael Ballanger describes why he has swung from long to short on the precious metals and miners. Before we go any further, let it be known that in the days leading up to this missive, i have gone from "net long" to "net short" on gold, silver and the miners. Those receiving my email blasts and those following me on Twitter (@Miningjunkie) have been put on notice that this advance, while impressive in its blunt-force trauma, lacks the perfection of the Q4/2015 advance, which arrived from multiyear polar extremes in sentiment and COT structure setups.
All last week I was emailing and tweeting how frail this advance looked and why I was a seller. With Friday's COT, you have the reason:
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Tuesday, June 11, 2019
How Forex Indicators are Getting Even More Attention in the Market? / Currencies / Forex Trading
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Tuesday, June 11, 2019
Stock Market Storm Clouds on the Horizon / Stock-Markets / Stock Markets 2019
Sector expert Michael Ballanger discusses macroeconomic factors and his trading decisions. I have had more than a few emails asking me what I think of the current set-up for stocks, bonds, currencies and gold since everything began to re-inflate a few days ago and without going off on a literary tangent, it is obvious that the banks are absolutely freaking out over the declining high-end real estate numbers coming in from not only the money centers but also the fringe regions. Mortgages, the bulk of the loan portfolios for the global banking industry, are only as sound as the collateral upon which they are hypothecated (secured) and if you go back to the sub-prime crisis of 2008, the big revenue drivers for the banks were the sheer volume of homes being financed. Like every masterfully run Ponzi, the Greater Fool Theory is allowed to sustain itself only as long as the banks and the regulators all agree that there are "no limits" and with that, "no rules."
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Tuesday, June 11, 2019
Is Your Financial Security Based On A Double Aberration? / Personal_Finance / Financial Risk
One way of looking at financial history is as the battle of two four word phrases: "this time is different" versus "reversion to the mean." "This time is different" is enormously popular, and it has become the dominant belief system many times over the centuries. It has also ultimately led to crushing and life-changing losses for throngs of investors, many times over the centuries.
"Reversion to the mean", which is simply a return to average valuations, is a bit more on the geeky side. It is often unpopular, particularly when its opposite is in the ascendancy. But it nonetheless has consistently ended up being the winner, as a return to the normal and usual almost always triumphs over the aberrations, given enough time.
So, which four word phrase is the source of genuine financial security?
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Tuesday, June 11, 2019
What If Stocks Are Wrong About Interest Rate Cuts? / Stock-Markets / Stock Markets 2019
Stocks have now cleared the all-important level of 2,900 on the S&P 500. The index just peeked above critical resistance (top red line in the chart below).
Overbought and overextended, stocks are now due for a correction/ consolidation. It would be completely normal to see the S&P 500 fall to retest support at 2,850 here (blue line in the chart below).
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Tuesday, June 11, 2019
US House Prices Yield Curve, Debt, QE4EVER! / Housing-Market / US Housing
Yield Curve
The yield curve (spread between 2 year and 10 year US bonds) continues to flirt with inversion, currently standing at 0.23%. Clearly the housing market is not comfortable with an inversion given the slowing trend since 0.5%.
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Tuesday, June 11, 2019
Natural Gas Moves Into Basing Zone / Commodities / Natural Gas
After an incredible rally in Natural Gas that our researchers called perfectly in November 2018, another opportunity for an upside price move appears to be setting up for later this year. We believe the current price lows, near $2.30, are setting up for a bounce and then will drop and form a basing pattern near $2.00 before rocketing higher. It is this last move to the downside which will set up the incredibly deep price base and oversold conditions for the upside price move in late August/September 2019.
We’re issuing this research post to alert all of our followers to our research and to allow for proper price rotation for this base to set up and conclude before jumping into any false triggers that may occur on the Daily or Weekly charts.
Start by taking a look at this Monthly NG chart showing how extended high price peaks are usually followed by extended price declines. It is very unlikely that any upside price move will begin before late August or early September 2019.
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Tuesday, June 11, 2019
U.S. Dollar Stall is Good for Commodities / Commodities / Commodities Trading
After months of advancing, the U.S. dollar's climb is showing signs of weakness.
Over the last five years, the greenback has risen almost 20 percent, whereas other world currencies have not been so lucky.
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Tuesday, June 11, 2019
Fed Running Out of Time and Conventional Weapons / Interest-Rates / US Interest Rates
The buy and hold mantra from Wall Street Carnival Barkers should have died decades ago. After all, just buying stocks has gotten you absolutely crushed in China for more than a decade. And in Japan, you have been buried under an avalanche of losses for the last three decades. And even in the good old USA, you wouldn’t want to just own stocks if the economy was about to enter another deflationary recession/depression like 2008. Likewise, you wouldn’t want to own any bonds at all in a high-inflation environment as we had during the ’70s.
The truth is that the mainstream financial media is, for the most part, clueless and our Fed is blatantly feckless.
The Fed has gone from claiming in late 2018 that it would hike rates another four times, to now saying that it is open to actually start cutting rates very soon.
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Tuesday, June 11, 2019
Trade Wars Propelling Stock Markets to New Highs / Stock-Markets / Stock Markets 2019
The title may seem a contradictory in nature. Investors understand the current US administration better than many of the main stream media have been portraying. Trump administration will make sure markets will get well over 3000 points before he hits the campaign trail. A minor pull back in trade tensions is all that is needed.
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Tuesday, June 11, 2019
Best Travel Bags for Summer Holidays 2019, Back Sling packs, water proof, money belt, tactical / Personal_Finance / Travel & Holidays
Here's a real world review of what are the best most useful bags for travel holidays 2019. We tested a wide range of bags from tactical bag packs sling shots, camera / gadget pouches, waterproof dry bags , money belts, document holders and more that conclude in what we found to be the most useful and what are not so useful to save you both time and money when considering which bags to to get for your next trip abroad.
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Tuesday, June 11, 2019
Game of Thrones Cheap HBO Memorabilia at Primark / Personal_Finance / Shopping
HODOR! The biggest TV show on earth is over! But it's not too late to pick up a few pieces of TV history memorabilia at rock bottom prices such as fridge magnets, clothing, house banners, Dragon Eggs, maps, LED lights, tankards, towels, cushions, even a HODOR door stop, and much much more at cheap prices, especially when one looks at the rip off prices being charged online for similar items! All to be found for a limited time at your local Primark as we discovered on a recent trip to Primark Sheffield.
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Monday, June 10, 2019
Betting on Next British Prime Minister Tory Leadership Betfair Markets Forecast / Politics / Gambling
The worst Prime Minister in British History who has literally clung onto power by her finger tips for the past 6 months is set to resign as Tory party leader tomorrow, Friday 7th of June in the wake of the disaster that were the EU elections, which will mark the start for a 6 week long tory leadership contest with the objective of whittling down a wide field of 11 candidates to just 2 from whom the 100,000 or so tory party members will vote to choose to become the next Tory Leader and thus British Prime Minister set to take office late July as Britain counts down to the 31st October 2019 deadline. A deadline that most candidates have already declared they will seek to extend as a remainer parliament continues to do its utmost to subvert Brexit by taking a NO DEAL Brexit off the table and thus wasted the last 3 years instead of just declaring Independence as I concluded several years ago is what Britain should do to win the Brexit War.
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Monday, June 10, 2019
How Can Stock Market Go Up When We’re Headed Towards a Recession? / Stock-Markets / Stock Markets 2019
The common assumption is that bonds are screaming RECESSION right now, while the stock market refuses to hear it. This isn’t entirely true. While the stock market’s long term risk:reward is certainly not bullish, the economic data suggests that a U.S. recession is not imminent.
Various technical factors also suggest that the medium term is still bullish.
And lastly, the biggest short term risk is still trade war news. If this week demonstrated anything, it is that you cannot trade by guessing the news. Focus on the data & facts.
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Monday, June 10, 2019
If You Invest in Dividend Stocks, Do This to Double Your Returns / Companies / Dividends
If it seems too good to be true, it usually is. But when I say you can juice your investment returns with the click of a button, it’s the plain truth.I’m talking about reinvesting your dividends.
It may seem like a minor thing. But if you’re not doing it, you’re leaving a lot of money on the table.
In fact, investors who reinvest their dividends can outright double their investment gains.
Let me show you how…
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Monday, June 10, 2019
UK Housing Market BTL Products at Highest Number Since October 2007 / Housing-Market / Buy to Let
Moneyfacts UK Mortgage Trends Treasury Report data, not yet published, shows that the number of buy-to-let (BTL) products available, currently 2,396 products, is the highest on record since the beginnings of the financial crisis in October 2007, when the total number of available products stood at 3,305. Since June 2018, the total number of available BTL products has increased by 21%, and in the past month alone it has risen by 143 products, from 2,253 to 2,396.
Meanwhile, average BTL mortgage rates have also risen over the past 12 months, with the average two-year BTL fixed rate mortgage increasing by 0.17% from 2.88% in June 2018 to 3.05% this month, while the average five-year BTL fixed rate has risen by 0.11% to stand at 3.54% (June 2018: 3.43%). Both rates still stand significantly lower than in October 2007 however, when the average two-year BTL fixed rate stood at 6.36% while its five-year counterpart stood at 6.39%.
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Monday, June 10, 2019
Reasons for the Success of the Dating Market / Personal_Finance / Internet
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Monday, June 10, 2019
Gold Price Trend Analysis - Video / Commodities / Gold & Silver 2019
The Gold Price began 2019 with a continuation of it's strong December 2018 rally towards resistance at $1300 that was soon overcome propelling the Gold price higher to next resistance at $1350 by Mid February. Since when entered into a shallow downtrend all the way to the recent low of $1269. Which is particularly disappointing given that many Gold bugs had pinned hopes on safe haven demand in the aftermath of Trump trade war chaos tumbling stock markets since the start of May, not to mention a aircraft carrier group steaming towards the Persian Gulf, none of which is being reflected in the Gold price to date.
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