Friday, November 02, 2018
Stock Market Barometers, Thermometers, and Recency Bias / Stock-Markets / Stock Markets 2018
Precious metals expert Michael Ballanger discusses recent moves in the stock market. As the month of October fades away and is replaced by the month of November, which represents the start of the "best six months of the year" for stocks, traders are all sharpening pencils, firing up slide rules and priming keyboards in anticipation of making some very bold calls on the pending "bottom" for the current market bloodbath. This weekend alone, the blogs and email inboxes are stuffed with glowing predictions of an imminent upturn and the number one reason for this is apparently the "incredible strength of the U.S. economy."
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Friday, November 02, 2018
Iron Lady of Europe Quits. Will Gold Replace Her? / Commodities / Gold and Silver 2018
On Thursday, Mr. Draghi held a press conference. But the real thunderbolt hit on Monday, when Ms. Merkel announced that she would step down this year as a leader of her conservative party. Will that lighting make gold shine?
Draghi Says That We Shouldn’t Worry
Let’s start with the latest ECB’s monetary policy statement and the following Draghi’s press conference. In short, the ECB kept its monetary policy unchanged, which means that the European quantitative easing will end in December 2018. Given a somewhat weaker economic momentum in the euro area and the turmoil in Italy, the lack of any changes might seem to be rather hawkish. However, the expansion of the euro area economy continues, while inflation pressure is gradually rising. According to Draghi, we should not worry about the weaker momentum, as “it’s simply that we're having growth returning to potential after 2017, where it was clearly above potential.”
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Friday, November 02, 2018
You Need These Five Tips to Grow Your Business Quickly / Companies / SME
Every entrepreneur starts a business with one common goal in mind: growth. The world loves a good success story, after all, and building a business from scratch and growing it into an empire is definitely one of the most interesting topics out there.
Business growth, however, doesn’t happen overnight. In fact, it takes a great deal of time, effort and money to take your business higher. The good news is, it can be done. The better news is, you have these five tips to get you started:
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Friday, November 02, 2018
Win Big in Gold and Silver without “Buying the Bottom” / Commodities / Gold and Silver Stocks 2018
Last month in this space, I penned an essay titled "Are Silver and Gold 'at the Flood'"?. A few weeks later, two other essays on another widely-read site discussed this topic from the same perspective and sourcing – a case of "great minds thinking along similar lines"?
Please take time to read or review that Money Metals Exchange Post of August 28.
I made the case of a misalignment in the precious metals' markets regarding price versus value which had become so pronounced that – in the near term – an explosive change in trend catching most participants by surprise was pretty much baked into the cake.
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Friday, November 02, 2018
EWY South Korea ETF, Proxy for Global Tech, Probing Key Support / Stock-Markets / South Korea
Many Street analysts consider the iShares South Korea ETF (EWY) as a proxy for the health of global technology, the semiconductor sector, the chip sector, and perhaps the retail electronics sector as well.
One look at my weekly chart of EWY shows that it has been in the grasp of a major correction or possibly even bear phase since its January all-time high at 79.07 into Tuesday's low at 56.34, a near 30% decline. This decline has retraced two-thirds of of the entire prior advance from the August 2015 low at 42.94 to the January 2018 high at 79.07. One could think that the ugly EWY performance reflected deteriorating relations with North Korea, but, ironically, relations have not been so promising since 1950!
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Friday, November 02, 2018
Sentiment Extremely Bearish, Setting Up the Stock market For a Nice Rally / Stock-Markets / Stock Markets 2018
For the first day in 2 weeks, the U.S. stock market did not selloff in the final hour of trading yesterday.
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Friday, November 02, 2018
Stock Investors Are Getting Stressed, And It Can Get Much Worse / Stock-Markets / Stock Markets 2018
I am starting to see evidence of serious stress from investors based upon the tone of the some of the comments I am seeing in my articles on the market. Well, at least from those who did not heed my warnings.
In fact, even though I warned about this type of drop well before it happened, some investors were taking their anger out on me even though the market did exactly what I warned it would do. This suggests a high amount of stress being felt by many investors after only a 10% drop off the highs. Can you imagine what it will be like if we attained the full 20-30% correction that we see as a strong potential?
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Friday, November 02, 2018
5 Good Career Options for Those Who Like Finance / Personal_Finance / Employment
One of the most beautiful aspects of the financial field is how vast and versatile it is. There are positions that cater to every skill and aptitude out there and that will allow you to follow a career that actually fits your interests. But with this plethora of choices, finding one career path can be a challenge. Here are just a few great positions you could consider as a finance graduate.
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Thursday, November 01, 2018
The U.S. Stock Market is Very Volatile Right Now. What’s Next / Stock-Markets / Stock Markets 2018
The U.S. stock market has been very volatile recently, swinging up and down more than 1% each day.
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Thursday, November 01, 2018
Trump Is America’s National Piñata / Politics / US Politics
It’s been quite a while since I first wrote that I resented the MSM (New York Times, Washington Post, CNN, MSNBC etc etc) for effectively monopolizing the entire discussion about Donald Trump. Don’t remember exactly when I wrote that, do remember Jim Kunstler sent a mail and thanked me for saying it. Because he felt- and feels- the same way.
The 24/7 daily Trump bashing machine that was unleashed in late 2015/early 2016 meant that people like us had a choice of criticizing Trump where he needed to be criticized, but that would put us in the MSM camp, where we don’t want to be. And we don’t want to not criticize him either, because there’s so much that needs scrutiny.
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Wednesday, October 31, 2018
R.I.P. Fed-Fueled Stocks Bull Market (2009-2018)? / Stock-Markets / Stock Markets 2018
The Nasdaq composite enters this week’s trading down over 10% in the month of October. For what it’s worth, market technicians consider a 10% pullback an official “correction.”
So far it’s just that – a correction. It may therefore be a bit premature to carve the stock market’s tombstone.
But investors should be prepared for further downside in share prices… and a possible longer-term (and long overdue) bear market after several years of relentless Fed-fueled price appreciation.
Wednesday, October 31, 2018
US Elections May Trigger Major Stock Market Bottom – PART II / Stock-Markets / Stock Markets 2018
The clock is ticking on our expected bottom formation and now is the time for skilled traders to begin to position their trades for the remainder of 2018 and early 2019. We detailed why we believe the US equities markets have already, or are currently, hammering out a price bottom after the last few weeks downside price activity. In part one of this article, we illustrated how the US elections cycles are really more of a global geopolitical event and often drive price rotation in the months prior to these elections. Please take a minute to read Part 1 of this two-part research post if you have not already done so.
In this second part of our US election research post, we are going to continue to review topics that were previously discussed as well as highlight how certain market segments appear to be setting up for a massive price reversal. So, let’s get started.
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Wednesday, October 31, 2018
Why the Stock Market Crash is Just Beginning / Stock-Markets / Stock Market Crash
Wall Street’s playbook stipulates that every down tick in the market is just another buying opportunity. While that is most often true, peak margins, a slowing global economy and the bond bubble collapse makes this time more like 2008 than just a routine selloff.
In the vanguard of this coming market crash is China, whose make-pretend growthrate slid to 6.5% in the third quarter. This is the slowest pace of growth thatthe communist government has been willing to own up tosince the last global financial crisis.Leaving one to conclude that the reality in China is farworse.
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Wednesday, October 31, 2018
How Government Causes Inflation / Economics / Inflation
We know that inflation is the debasement of money by government. The effects of inflation show up in the form of rising prices over time. The rising prices are a reflection of the loss of purchasing power of the currency involved. For our purposes, that means the U.S. dollar.
The chart below depicts increases in the Consumer Price Index, year-to-year, dating back to 1914…
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Wednesday, October 31, 2018
US 2018 Midterm Elections / Politics / US Congressional Elections
Conventional political wisdom would have the public believe that the electorate is poised for the Democrats to take a majority in the House of Representatives while the Republicans hold the edge in the Senate. Seldom is the question raised just what empirical evidence, where and how is it arrived at for such a conclusion to become valid. The polls in 2016 were entirely bogus and undoubtedly meant to defeat Donald Trump. Nothing has changed in the 2018 midterms. The establishment is committed to defeat GOP candidates and ensure that the Deep State regains their former power and influence. The distortion of reality is their major tactic to confuse, discourage and suppress Trump supporters from casting their ballots.
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Tuesday, October 30, 2018
US Elections May Trigger Major Stock Market Bottom / Stock-Markets / Stock Markets 2018
Almost like clockwork, our research team, at Technical Traders Ltd., predicted on September 17) the US stock market would turn lower and attempt a 5~8% downside move on or after September 21 headed into the US mid-term elections. Our analysis of the potential downside move was related to our price modeling systems expectations that a common predicted downside target existed between -5% and -8%. Our researchers did not believe the markets would fall much below -10% before hammering out a price bottom and finding support.
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Monday, October 29, 2018
5 Strategies for Improving Your Financial Well-Being / Personal_Finance / Investing 2018
Nobody likes being stressed about their finances. Sometimes it can seem like your money situation is out of control, but there are lots of ways you can get it figured out. Here are five strategies you can consider when trying to improve your financial well-being. You can use some or all of them to get results and reduce stress.
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Monday, October 29, 2018
The Great Interest Rate Caper / Interest-Rates / US Interest Rates
It began as any other bull market. An early burst followed by climbing a wall of worry, then bursting out (or down in this case) beyond the wall of worry, its trajectory headed for the great ethereal unknown. And just like every similar time in history, market analysts, policy makers, and the general public assumed it would go on like this forever. And it did. Until it didn’t. By the title you might have already guessed the topic of this essay but think for a minute about this first paragraph and what we’re discussing in generic terms. Of course! We’re talking about the traits of a financial bubble.
By way of introduction, this essay will not contain any images. We have found that many times graphs and charts confuse the issues rather than helping to elucidate them.
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Monday, October 29, 2018
Stock Market Approaching Intermediate Low / Stock-Markets / Stock Markets 2018
Current Position of the Market
SPX: Long-term trend – Bear market
Intermediatetrend– Approaching initial low (1585-1600).
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 discusses the course of longer market trends.
Monday, October 29, 2018
What to Look for in a Virtual Data Room / Companies / SME
There are several different ways of becoming an entrepreneur. You can start your business from scratch all the way up or buy an existing business. Other possible options include acquisitions, takeovers and mergers.
In the case of a merger or an acquisition, you'll need to be specific about what you need. Virtual data rooms are the best technology that most people use to facilitate the acquisition process.