Monday, March 05, 2018
Fade The News – Another Leg Higher For Stocks / Stock-Markets / Stock Markets 2018
By: Chris_Vermeulen
Recently, quite a bit of news has been published warning of a massive market correction or top that may scare you. Our research shows this is not the case. We want to set your mind at ease with regards to these fears they may be experiencing with some real research and price modeling that has proven to be extremely accurate over the past 5+ months.
The research team at www.TheTechnicalTraders.com has continued to publish market research documents that have contradicted many of the largest research firms on the planet. Our small, but dedicated, team of analysts and researchers have spent years developing modeling systems that assist us in knowing what the markets will do in the future. In some cases, many weeks in advance. This helps us time our trades and select market sectors that are about to rotate well before the moves begin.
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Monday, March 05, 2018
SILVER Large Specualtors Net Short Position 15 Year Anniversary / Commodities / Gold and Silver 2018
By: Clive_Maund
Technical analyst Clive Maund charts silver and explains why he is bullish on the metal.
The purpose of this update is to commemorate the Large Specs having their first net short position in silver since the site started 15 years ago, and also to consider how we can turn this to our advantage. Before we look at silver's latest extraordinary COT chart and consider its implications, we will first quickly review the silver charts.
We will start with an 8-year chart that shows the big picture and includes the entire bear market from the April–May 2011 peak. On this chart we see that silver is in the very late stage of a giant downsloping Head-and-Shoulders bottom and currently grinding sideways marking out a protracted Right Shoulder low. Because of its downslope, many observers think that silver's bear market is ongoing and fail to spot that this is a giant base pattern, but the parallel Head-and-Shoulders bottom in gold is much more obvious because it is flat-topped, and it is this that helps give the game away.
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Monday, March 05, 2018
A Complex Stock Market Correction / 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 2872 has become more complex.
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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Sunday, March 04, 2018
Best Cash ISA Savings for Rising UK Interest Rates and High Inflation - March 2018 / Personal_Finance / ISA's
By: Nadeem_Walayat
UK savers have just 1 month left to capitalise on their 20k annual tax free ISA savings allowance, and I am sure many are buoyed by mainstream financial press coverage of warnings of rising UK interest rates which includes for savers as well as borrowers as the Bank of England is expected to continue hiking UK base rates as it plays the game of follow the US Federal Reserve Bank leader and withdraw some of its support for Britain's banking sector such as the funding for lending scheme that resulted in a catastrophic downwards death spiral in UK savings interest rates when it first began in 2012. That resulted in UK savers being literally ripped off by the tax payer bailed out banking sector, the duration for which the banks that have continued to bank bonuses on the basis of artificial profits engineered by the Bank of England in an attempt at recapitalisng the bankrupt banks all whilst savers continue to suffer and pay the price in terms of real terms loss of purchasing power of savings as inflation continues to erode the heard earned wealth of Britain's savers.
Sunday, March 04, 2018
Putin - The Man Who Stopped Washington’s Regime Change Rampage / Politics / GeoPolitics
By: Mike_Whitney
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Sunday, March 04, 2018
More Stock Market Selling in the Offing? / Stock-Markets / Stock Markets 2018
By: Brad_Gudgeon
Last week, I wrote about the looming bull trap. On Feb 27th, the stock market topped and the SPX fell 142 points or about 5% in 3 days. My observation was based on time cycles, Elliott Wave and Mars conjunct Vesta. Most of the decline was blamed on the Trump announcement of tariffs on Aluminum and Steel, with fears igniting about a coming trade war.
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Saturday, March 03, 2018
Crude Oil and Water: How Climate Change is Threatening our Two Most Precious Commodities / Commodities / Climate Change
By: Richard_Mills
While there is disagreement over its causes – man-made versus natural – the reality of climate change is an incontrovertible fact. The planet is warming, affecting our weather, our oceans, our growing seasons, even our food, as crops fail, causing shortages and price hikes. Storms are becoming more frequent, and more intense, and droughts are lasting longer.
Forest fires are an annual occurrence in Australia, California and British Columbia, and in the United States and the Caribbean, people live in fear of the next hurricane that could literally turn their lives upside down.
Most of us have watched videos of calving glaciers as huge chunks of ice break off millions-year-old ice sheets and tumble into the sea. They have become emblematic of the highly-politicized cause of climate change, or dare we say, “global warming.” Starting with Al Gore's An Inconvenient Truth, the global warming alarmists have been on a decades-long crusade against the fossil fuel industry, but few have stopped to think about what are the implications of climate change from an investment point of view.
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Saturday, March 03, 2018
Stock Market Fears of Inflation are Overblown Right Now / Stock-Markets / Stock Markets 2018
By: Troy_Bombardia
Bears attribute the stock market’s recent correction to fears of rising inflation. This isn’t true. The rally before this correction was the longest rally in history without a 6%+ “small correction”. Hence, a correction was overdue. Rising inflation was merely an excuse for the market’s selloff.
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Saturday, March 03, 2018
Maybe The Economy Is Too Good For Investors / Economics / US Economy
By: WMA
In the early 19th century, London financier Nathan Rothschild said “buy on the sound of cannons, sell on the trumpets”. The cannons referred to the start of war (valuations are therefore attractive as disorder begins) and the trumpets refer to the peace treaty ending the conflict (at which time timid investors pile back into risky financial assets). Warren Buffet has often reiterated the same idea first enounced by Rothschild saying “buy when there is blood in the streets” (eg, when valuations are very low).
Saturday, March 03, 2018
Currencies Will Be ‘Flushed Down the Toilet’ Triggering a ‘Mad Rush into Gold’ / Commodities / Gold and Silver 2018
By: MoneyMetals
Mike Gleason: It is my privilege now to welcome back Michael Pento, president and founder of Pento Portfolio Strategies, and author of the book The Coming Bond Market Collapse: How to Survive the Demise of the U.S. Debt Market.
Michael is a well-known money manager and a fantastic market commentator, and over the past few years has been a wonderful guest and one of our favorite interviews here on the Money Metals Podcast and we always enjoy getting his Austrian economist viewpoint.
Michael, welcome back and thanks for joining us again.
Michael Pento: What a great introduction. Thanks for having me back on, Mike.
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Saturday, March 03, 2018
The 'Beast from the East' Day 3 From Millhouses Park, Sheffield UK / Local / Sheffield
By: N_Walayat
It's Day 3 of the 'Beast from the East' weather from Siberia hitting the UK hard with heavy snowfall and wind chill temperatures of -10c, disrupting travel throughout the week as snow flurries continued to fall onto the gritted roads in the coldest weather experienced for at least the past 5 years. On Day 3 we took a trip to one of Sheffield's Millhouses park to see what it was like in the midst of the 'Beast from the East'
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Friday, March 02, 2018
Fed Interest Hikes, US Dollar, and Gold / Commodities / Gold and Silver 2018
By: Zeal_LLC
The US dollar has fallen rather sharply over the past year or so, despite ongoing Fed rate hikes. This persistent dollar weakness has really boosted gold. There’s a fascinating interplay between these two currencies and futures speculators’ expectations for Fed rate hikes. These traders hang on every word from top Fed officials, which greatly influences their trading. So these relationships are important to understand.
In late December 2016, the venerable US Dollar Index surged to an incredible 14.0-year secular high. That was just a couple weeks after the Federal Reserve’s second interest-rate increase of this hiking cycle. Top Fed officials were forecasting three more rate hikes in 2017, fueling euphoric sentiment in this top reserve currency. Everyone believed higher prevailing interest rates would prove very bullish for the dollar.
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Friday, March 02, 2018
Euro, Cable and Aussie Forex Trading - The Reward for Patience / Currencies / Forex Trading
By: Nadia_Simmons
February was the best month for the U.S. dollar since October. Nevertheless, what goes up must fall someday. Yesterday, the gravity caught the greenback after President Donald Trump said that the country will impose tariffs on steel and aluminum imports. As a result, the USD Index reversed and declined, supporting our 3 currency pairs. Will yesterday’s news kill the greenback’s rally in the coming days?
Analyzing the charts after yesterday’s session we noticed several disturbing factors, which can thwart currency bears’ pro-declining plans and melt profits from short positions (in EUR/USD, GBP/USD and AUD/USD) in the coming days. Therefore, we decided to close our short positions and take profits off the table.
As we mentioned earlier, the greenback’s very short-term situation deteriorated yesterday, which caused, that we decided to start today's alert by looking at the current picture of the USD Index.
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Friday, March 02, 2018
Alleged SEC Probe Leaves Bitcoin Market Confounded / Currencies / Bitcoin
By: Mike_McAra
The market is hectic. The attention span of most investors is short. The long-term implications of one particular trend among governments the world all over has far reaching implications for the future of digital currencies. The question now is if this often overlooked factor tells us anything anything about the way the Bitcoin market behaves, the way digital currencies react to unexpected news and how to navigate the current complex short-term environment.
The factor we’re writing about is government regulation and, specifically, the alleged recent move by the SEC to target Bitcoin companies. In a Wall Street Journal article, we read:
The Securities and Exchange Commission has issued dozens of subpoenas and information requests to technology companies and advisers involved in the red-hot market for cryptocurrencies, according to people familiar with the matter.
Friday, March 02, 2018
What Does February Stock Market Crash Mean for Gold? / Commodities / Gold and Silver 2018
By: Arkadiusz_Sieron
One month after the February stock market rout is an excellent time to step back and review all the facts – and their implications for the gold market. Here’s exactly what happened – and what it implies for your capital allocation.
- After more than a year of continuously advancing, the S&P 500 fell nearly 10 percent in five days.
- The sell-off was allegedly triggered by the surprisingly strong January jobs report, showing the acceleration in wage growth. That released fears of higher inflation, which could prompt the Fed to tighten its stance further. As President Trump rightly pointed out (on Twitter, of course):
in the “old days,” when good news was reported, the Stock Market would go up. Today, when good news is reported, the Stock Market goes down.
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Friday, March 02, 2018
Trump Risks Trade and Currency Wars – Protectionism and Economic War Loom / Commodities / Protectionism
By: GoldCore
– Global stocks slump as Trump risks trade wars
– Gold prices little changed despite dollar weakness after tariff news
– Trump announced plans to impose heavy tariffs on imported metals
– China likely to retaliate with heavy tariffs on U.S. agricultural exports
– Geo-political tensions with EU and of course China and Russia to escalate
– Trade, currency wars and competitive currency devaluations tend to lead to actual war
– Russia unveils next generation of “invincible nuclear weapons”
– Safe haven gold bullion a hedge against protectionism and economic war
Friday, March 02, 2018
Crude Oil Market Fears: War, Default And Nuclear Weapons / Commodities / Crude Oil
By: OilPrice_Com
The U.S. is one of the few areas of the world in which there is an energy investment boom underway, a development that could smooth out the uncertainties of geopolitical events around the world. At the same time, outside of the U.S., there is a deterioration of stability in many oil-producing regions, aggravating risks for both oil companies and the oil market, according to a new report.
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Friday, March 02, 2018
Significant Decline In Stocks On The Cards! / Stock-Markets / Stock Markets 2018
By: Enda_Glynn
There is a whole lot going on across thet markets after todays trade!
And a lot of opportunity developing in the charts.
So lets not waste time chatting,
And get right into it!
UPCOMING RISK EVENTS:
USD: Revised UoM Consumer Sentiment.
EUR: German Retail Sales m/m.
GBP: BOE Gov Carney Speaks, Construction PMI, Prime Minister May Speaks.
JPY: n/a.
Friday, March 02, 2018
Land Rover Discovery Sport Extreme Driving "Beast from the East" Snow Weather Test / ConsumerWatch / Motoring
By: N_Walayat
The 'Beast from the East' weather from Siberia has been hitting the UK all week since Tuesday 27th Feb, with heavy snowfall fall of between 5 cm and 15cm disrupting travel, snow flurries falling every few hours soon covering gritted roads in the coldest weather experienced for the UK since at least the past 5 years. Many motorists decided to do the sensible thing and leave their vehicles parked rather than risk driving.
However, in the interests of wanting to test the Land Rover Discovery Sport's All wheel drive and for a better look at the impact of the 'Beast from the East's heavy snowfall, I decided to hunt down some of the most badly effected roads in the city of Sheffield, none more so then those going out of the city to literally within a stones throw of Derbyshire as the this video illustrates.
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Friday, March 02, 2018
Crude Oil – It Smells Like… Profits / Commodities / Crude Oil
By: Nadia_Simmons
Although oil bulls pushed black gold higher after yesterday market’s open, their triumph was very short-lived. Looking at the daily chart, it even tempts to say that their rally took place on an empty tank. Why? Because thanks to yesterday’s decline oil bears not only made short positions more profitable, but also gained next pieces to their puzzle. Let's check them together in today's alert.
Today's alert will start a little differently than usual, because we will take you on a small journey to the past and we’ll recall the quote from our Oil Trading Alert posted on Friday:
(…) In our opinion, the pro-bearish scenario is also reinforced by the fundamental factors. (…) EIA data showed that the U.S. output remains above 10 million barrels per day, which keeps domestic production on track to meet the earlier estimate for an increase to 11 million barrels per day in late 2018. If American drillers will not let down, the U.S. will overtake Russia in crude oil production and become the largest global supplier. Such development will likely not please Saudi Arabia and may thwart OPEC efforts to reduce black gold’s stockpiles, increasing worries over another crude oil glut. In such an environment oil bulls could have problems keeping the price not only above $60, but also above the psychological barrier of $50.
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