Thursday, May 31, 2018
Topping USD’s Implications for Gold Investors / Commodities / Gold and Silver 2018
By: P_Radomski_CFA
The euro plunged, the USD Index soared and gold… just stayed put. There was no meaningful action except for the big intraday volatility that ended in a rather small decline. Can one infer anything at all from the above combination of factors? Yes, if one knows where to look.
Let’s start by recalling what was the likely reason behind the recent strength in the precious metals in the first place and why did gold move (a bit) higher along with the USD Index.
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Thursday, May 31, 2018
UKGC Set to Make Online Gambling Industry More Risk-Free / Personal_Finance / Gambling
By: Varun_Kumar
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Thursday, May 31, 2018
This is When Gold Will Soar… / Commodities / Gold and Silver 2018
By: Jordan_Roy_Byrne
Despite the insistence of some, precious metals have not been in a bull market. After a big pop at the start of 2016, the sector has trended lower. Sure, Gold has traded up towards a major breakout but Silver and the gold stocks have trended lower. When the US Dollar corrected significantly, the stock market outperformed precious metals. Does that sound like a Gold bull market to you? The moribund performance has left us wondering what could turn the tide. A quick study of Fed history with the context of current conditions is very instructive as to when Gold could begin a true bull market.
Thursday, May 31, 2018
Italy Roils Global Capital Markets – What Next? / Stock-Markets / Stock Markets 2018
By: Chris_Vermeulen
After a fairly solid rally took place over the past few weeks in the US majors, fresh concerns originating from Italy roiled the markets early on Tuesday, May 29. The concern is really related to the formation of a coalition government in Italy and the excessive debt issues plaguing Italy and many other European Union countries. In our opinion, the European Union has a number of issues that are rearing their ugly heads and most of these are related to disparities between opportunities, capital flows, debt and consumer optimism related to the parity of the EU economic activities. In other words, the squeaky wheel gets the grease. Right now, Greece and Italy are the two squeaky wheels with Portugal, Cyprus and Belgium following right behind.
Thursday, May 31, 2018
What Happens Next When Stock Market Volatility (VIX) Returns / Stock-Markets / Stock Markets 2018
By: Troy_Bombardia
The stock market’s volatility index (VIX) spiked today from a very low level (from less than 14 to 17).
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Thursday, May 31, 2018
If Bitcoin Is A Fraud, So Too Is The Dow Jones Industrial Average / Currencies / Bitcoin
By: Barry_M_Ferguson
Below is a chart of the ETF that tracks the value of bitcoin, GBTC, and the Dow Jones Industrial average for one year ending 4/29/18. One can easily see the correlation. They are the same chart. Maybe GBTC leads the Dow in direction. If so, GBTC is going lower while the last Federal Reserve instigated rally only turned ugly today with a near 400-point selloff. Let’s review.
As I have been writing, America has been stripped of everything including a ‘market’ of stocks and the ability of investors to realize price discovery. The Fed is in charge of that. Forget Elliot Wave or fundamentals or anything else. That stuff only applies to real market behavior. Technical patterns only matter because the Fed manipulates them to keep us playing along.
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Thursday, May 31, 2018
Free Entry to Merlin Theme Parks Such as Legoland and Chessington With Kellogg Serials / Personal_Finance / Theme Parks
By: Anika_Walayat
Summers has arrived and families are busy planning their holidays that usually include many trips to Britain's Theme parks where the king of UK attractions is Merlin with it's 32 theme parks spread out across the UK. We'll here is some great money saving news for you all as Kellogg's are running their theme parks promotion for another year that allows entry into the UK's top theme parks for the whole of 2018 for FREE! So plenty of time to use the vouchers to gain entry into 14 UK theme parks that include Alton Towers, Legoland, Chessington, the Dungeon, Sea Life, Shreks Adventure and Madame Tussaud's etc...
Wednesday, May 30, 2018
Beginning of the end for the EURO Project / Currencies / Euro
By: Enda_Glynn
Fundamental analysts are all scratching their heads these days!
How can USDJPY be declining rapidly,
All the while EURUSD and GBPUSD are accelerating lower also.
So the USD is both weakening and strengthening at the same time!!
This does not compute in fundamental analysis.
However,
It is perfectly acceptable, and even predictable, with Elliott wave analysis!
And the reason is simple;
The USD is correcting lower against the YEN,
While;
The EURO and Cable are both declining against the USD in a trend move.
Wednesday, May 30, 2018
Debilitating Inflation Is Like an Army of Termites Eating Away Your House / Economics / Inflation
By: MoneyMetals
Mike Gleason: It is my privilege now to welcome back David Smith, Senior Analyst at The Morgan Report, and regular contributor to MoneyMetals.com.
David, thanks for joining us again, how are you?
David Smith: You bet, Mike. It's great to speak with you again.
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Wednesday, May 30, 2018
Outlook Shifting in Predictable Ways for Bitcoin / Currencies / Bitcoin
By: Mike_McAra
As Bitcoin is going down, we’re seeing more and more information on how the currency is in a precarious position or how the prospects of the currency is bleak. But what interests traders the most is if the recent developments have changed anything in the current outlook. And we provide you with our answer to this question. One our readers have known for some time now.
The media seem to have noticed that Bitcoin has depreciated. More Bitcoin-oriented outlets might even focus on market-specific events such as technical developments. In an article on CoinDesk, we read:
Bitcoin risks closing below the 50-week moving average (MA) – an important long-term support not breached for over two-and-a-half years.
Wednesday, May 30, 2018
How Far Is it from North Korea to Italy? / Commodities / Gold and Silver 2018
By: Arkadiusz_Sieron
Almost 5500 miles ( 8,800 kilometers ) . That’s the distance between Pyongyang and Rome. It seems a lot, right? But not for gold, the truly global monetary asset. In recent days, the price of the yellow metal has immediately reacted to the developments around both North Korea and Italy. What has happened?
Wednesday, May 30, 2018
What Happens Next when the Stock Market Consolidates in a Very Narrow Range / Stock-Markets / Stock Markets 2018
By: Troy_Bombardia
The U.S. stock market (S&P 500) has been swinging in a very narrow range over the past 12 days. The range is less than 1% when using CLOSE prices.
Wednesday, May 30, 2018
/ Stock-Markets / Stock Markets 2018
By: Troy_Bombardia
Wednesday, May 30, 2018
Did the Crypto Market Just Bottom? / Currencies / BlockChain
By: Ryan_Wilday
In my recent article, "Time for a Crypto Lunar Rocket Launch?" I stated that we have been tracking bullish 5-wave patterns off the April lows, and viewed most cryptocurrencies in wave-2 corrections or about to complete the impulse and enter wave 2s. However, some disparate coins are currently in B waves or wave iv corrections.
I also stated that some of the corrective fractals that we were beginning to see were shallow, particularly that in Ethereum. Meanwhile, I said that corrective waves are notorious for twists and turns, and for changing the views of traders and analysts alike. So, I always ground myself in a zoomed-out point of view.
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Wednesday, May 30, 2018
Stock Market S&P 2700 Key Level / Stock-Markets / Stock Markets 2018
By: Andre_Gratian
Current Position of the Market
SPX: Long-term trend – The bull market is continuing with a top expected in the low 3000s.
Intermediate trend – The intermediate correction from 2873 is likely to continue until about early June.
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.
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Tuesday, May 29, 2018
Prepared For The Next Leg In The US Stock Markets? / Stock-Markets / Stock Markets 2018
By: Dan_Steinbock
Ever since the deep price rotation in late January/early February 2018, many analysts have attempted to pinpoint the next moves in the markets. We recall reading the “doom and gloom” reports telling traders this is the big one and to prepare for a much lower price breakdown. We also read a few research posts that aligned with our adaptive predictive modeling systems suggesting this move would expand into extended bottoming rotation. We want to point out a few components of this move that most analysts are missing.
As we continue through this article, we want to highlight the similarities of this recent price rotation to the price rotation that took place in 2015/2016 and how prices advanced in staged “legging” patterns that allowed a great opportunity for traders and investors.
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Tuesday, May 29, 2018
Silver Trading in Tight $1 Range As Pressure Builds For A Breakout / Commodities / Gold and Silver 2018
By: GoldCore
- Trump Cancels Historic Summit with North Korea
– US 10-Year Falls Below 3%, Gold Jumps Back Above $1300
– “Inflation Overshoot Could Be Helpful” – Latest FOMC Minutes
– Gold Demand in Turkey as Lira falls sharply, true inflation near 40%
– EU Crisis Looming as Italy Plan Outright ‘Money Printing’ with ‘Mini-Bots’
– Silver Trading in Tight $1 range, Pressure Building for a Breakout (see chart)
Tuesday, May 29, 2018
Why Philippines Economy Is Thriving, Despite IMD / Politics / Asian Economies
By: Dan_Steinbock
According to the 2018 IMD World Competitiveness report, Philippines ranking plunged nine notches. In reality, competitiveness indexes often fail to capture disruptive change.According to the IMD report, executed in cooperation with the Asian Institute of Management, Philippines fell by nine places to 50th among 63 countries.
Nevertheless, Socioeconomic Planning Secretary Ernesto Pernia called the findings a “misobservation” - and rightly so.
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Monday, May 28, 2018
New Tech To Revolutionize The Billion Dollar Marijuana Business / Companies / Cannabis
By: OilPrice_Com
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Monday, May 28, 2018
How Do You Make Money on the Stock Market With A Broken Clock? / Stock-Markets / Stock Markets 2018
By: Avi_Gilburt
For those that are familiar with American football, you would likely understand the strategy that the team that controls the clock usually controls the game.
But, what happens if the clock is broken and the game just keeps going and going and going? Well, it is no different than when an analyst makes a claim that the stock market is going to crash, and makes this claim week after week after week, and does this for months or even years on end. Since there is no time limit to the game, eventually, this analyst can “win” the game.
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