Category: Financial Markets 2016
The analysis published under this category are as follows.Monday, August 08, 2016
Markets: Understand the Present to Forecast the Future (Part 2) / Stock-Markets / Financial Markets 2016
Knowing where you are within a trend helps you see around the next corner
In part 2 of our in-depth interview with Steve Hochberg, Steve explains what else makes Elliott wave analysis so useful and practical.
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Monday, August 08, 2016
Financial Fire Hoses and Helicopters / Stock-Markets / Financial Markets 2016
“The U.S. government has a technology, called a printing press (or today, its electronic equivalent), that allows it to produce as many U.S. dollars as it wishes at no cost.” – Ben Bernanke
Modern finance ultimately comes down to managing serious crises and transitions in a way that is profitable for policy makers and elite. The inevitable chaos, like the death of a fiat currency and the return to a real market price equilibrium, is much more dramatic.
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Monday, August 08, 2016
Irish Banks Most Vulnerable In Stress Tests – UK Banks RBS and Barclays At Risk / Companies / Financial Markets 2016
– Irish banks vulnerable in stress tests: AIB/ BofI amongst worst 5 banks in EU
– Ulster Bank’s parent Royal Bank of Scotland emerged as 2nd worst bank
– AIB, Banca MPS especially vulnerable & ‘failed’ in adverse scenario (see table)
– Impairment of financial assets was the largest negative contributor to results
– Bad loans continue to pose risks to Irish financial system
Monday, August 08, 2016
Now The Markets Themselves Are Too Big To Fail / Stock-Markets / Financial Markets 2016
The First Rebuttal website has coined a term that gets to the heart of an increasingly dysfunctional system: The too-big-to-fail stock market. The general thesis is that most major countries are over-leveraged to that point of maybe being unable to survive a garden variety equities bear market – and are doing whatever it takes to keep that from happening. Here’s First Rebuttal on the effects of such a prop-up-asset-prices-at-any-cost policy:
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Thursday, August 04, 2016
Financial Markets: Understand the Present to Forecast the Future (Part 1) / Stock-Markets / Financial Markets 2016
Knowing where you are within a trend helps you see around the next corner
[Editor's note: A text version of the interview is below.]
Steve Hochberg, our Chief Market Analyst, sits down with ElliottWaveTV to talk about his background, how he discovered the Wave Principle, and why "it's applicable to all markets."
This is part 1 of our in-depth interview. Come back on August 5 to watch part 2, where Steve explains what else makes Elliott wave analysis so useful and practical.
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Thursday, August 04, 2016
Stock Market, Gold Update / Stock-Markets / Financial Markets 2016
It looks as though the stock market is waiting for the malefic Saturn Stationary/Direct in Sagittarius around August 13th before any serious damage might occur. The 7- week cycle low is due August 16 and may coincide with the August 19th projected GDX low where there is a bisecting of the January 20 to August 2 .618 retrace and Mar '09 to January '16 rising bottoms line near 1952/53. GDX: July 6-25 (wave X) added to the August 2 top (Wave Y) = August 19 (which is also a TLC low, wave Z).
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Monday, August 01, 2016
Financial Markets May Become Disruptive! / Stock-Markets / Financial Markets 2016
My biggest concern regarding the last low on June 27th was the fact that the Dow Indu did not make an intervening high on June 8 as the SPX did, which means the Dow Indu likely finished wave Y on July 14th AND June 8th was NOT wave Y of an XYZ bull flag for the SPX, but rather Wave W of a bearish WXY flag! It had the appearance of a Y wave on the SPX (and other indices), so the June 27 low appeared to be a Z wave when in fact it was likely an X wave, but shot the market higher anyway as Wave Y had to play out with a y of Y type wave.
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Monday, August 01, 2016
The Weekly Charts for Nasdaq, Gold, Miners, France, UK, Germany, Dollar... / Stock-Markets / Financial Markets 2016
Most traders are so short term oriented that they forget to look at the weekly charts. The weeklies will tell you the intermediate trend. It’s never safe to trade against the intermediate trend unless it is very late in the intermediate cycle.
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Friday, July 29, 2016
Learn to Trade Against the Crowd / Stock-Markets / Financial Markets 2016
I’m going to show you how to trade against the crowd using the most recent 18 months of daily charts of $HUI (Gold Miners), $SPX (S&P 500), $WTIC (Crude Oil), XLE (Energy) and $USD (US Dollar).
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Friday, July 29, 2016
The Next Recession is Coming - Expect Around 0% Returns for the Next 7 Years / Stock-Markets / Financial Markets 2016
The next recession is coming, and it will be severe.
My friend Ed Easterling of Crestmont Research just updated his Economic Cycle Dashboard and sent me a personal email with some of his thoughts.
Here is his chart (click on it to see a larger version).
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Wednesday, July 27, 2016
SPX, TNX May Finish their Rallies. BKX May lead the Decline / Stock-Markets / Financial Markets 2016
Good Morning!
At last there may be some resolution to this rally. The Triangle formation is an introduction to the terminal thrust for this rally. A Triangle formation also suggests this may be the last of the rallies. I drew the upper channel trendline in the same manner as the 2-hour chart. It shows a probable terminus of the last thrust closer to 2185.00. Given the rise in volatility that the Fed meeting may engender, it may be a more likely top than the minimum 2180.00 that I mentioned yesterday.
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Monday, July 25, 2016
Declines in Multiple Market Indexes / Stock-Markets / Financial Markets 2016
WTIC is making new lows beneath its Head & Shoulders neckline at 44.25. It may make its target by the next Pi date on August 11. If so, that also leaves the door open for a longer decline into the end of August.
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Friday, July 22, 2016
The Serious Warning No One’s Talking About / Stock-Markets / Financial Markets 2016
By Justin Spittler
On Tuesday, a huge event happened in the investing world.
But if you’re like most Americans, you probably haven’t even heard about it.
The mainstream media didn’t discuss this event much. It was too busy pointing out that the S&P 500 and Dow Jones Industrial Average have hit new all-time highs.
Meanwhile, something much bigger was happening on the other side of the world.
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Friday, July 22, 2016
Investments - If You Can’t Touch it, You Don’t Own it / Stock-Markets / Financial Markets 2016
The pending Brexit has, not surprisingly, caused a shakeup in the investment world, particularly in the UK. Of particular note is that, recently, asset management firms in Britain began refusing their clients the right to cash out of their mutual funds. Of the £35 billion invested in such funds, just under £20 billion has been affected.
For those readers who live in the UK, or are invested in UK mutual funds, this is reason to tremble at the knees.
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Friday, July 22, 2016
How to Escape the World’s Biggest Ponzi Scheme / Stock-Markets / Financial Markets 2016
By Justin Spittler
It’s the top story in the investment world right now…
As we showed you yesterday, the S&P 500 just hit a new all-time high, topping 2,130 for the first time since May 2015.
But it's not just stocks that are ripping higher.
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Tuesday, July 19, 2016
Christine Lagarde on Turkish Markets, Global Banking and Politics / Stock-Markets / Financial Markets 2016
In an exclusive interview with Bloomberg Television’s Tom Keene, IMF Managing Director Christine Lagarde discusses a range of issues including Turkish markets, the challenges around global banking and money laundering, the Italian bank crisis and political turmoil on both sides of the Atlantic.
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Monday, July 18, 2016
Record Bond and Stock Prices Sending the Same Message / Stock-Markets / Financial Markets 2016
The S&P 500 is trading near an all-time record high. But investors should not take this as the all clear signal. According to most indicators, the market is now more overvalued than ever before.
The Cyclically Adjusted Price to Earnings Ratio analyzes the value of the S&P 500 Index with the 10-year average of "real" (inflation-adjusted) earnings as the denominator to determine if the market as a whole is overvalued or undervalued. Today this ratio sits at 26.73, close to the short-term high of 27.2 seen in 2007 and well above its historic average of around 16.
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Wednesday, July 06, 2016
Stock Markets Erase Brexit Losses: Is the Fallout Already Behind Us? / Stock-Markets / Financial Markets 2016
Nigel Farage toiled for 17 years building a movement to lead the United Kingdom out of the European Union. A week ago, he stood in front hundreds of drab bureaucrats in the EU Assembly, most of whom have done little but snicker at his free-market ideals, and declared victory. He told them, quite plausibly, their political union is dying - and good riddance!
Fans of liberty cheered for Farage and for Brexit. And, after the sharp recovery in equity indexes around the world, it looks like stock investors have begun cheering as well. Many say stock market losses sustained in the first couple of trading days were an overreaction. Maybe. Or maybe not.
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Tuesday, July 05, 2016
Miners, Gold, Silver Near Top, Stock Market Could Go Either Way / Stock-Markets / Financial Markets 2016
The precious metals complex looks toppy here and a pull back is warranted into the end of July (see chart below for added information).
The stock market is in a critical zone. The 4 TD low is overdue by 1 TD and the 8 TD low is due on July 8th. The 16 TD low is due on July 11. The bullish scenario sees a move back to near 2082 SPX on July 5th a rally to 2126 on July 6th and then a pull back to 2070 by July 8th. BUT, IF July 8th holds near the July 5th lows and cracks through it on July 11 to near 1980 SPX, all bets are off for the upside. Either way, we should see an important top on July 6th.
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Tuesday, July 05, 2016
Brexit!!! Silver!!! Bonds!!! Deflation!!! / Stock-Markets / Financial Markets 2016
It’s a funny title for a segment, but it is appropriate. I don’t want to be too flippant with dismissals of inflammatory market events like ‘Brexit’ as simply hype. There is very real macro fundamental shifting going on behind the hype. But in market management, macro fundamentals play out over long stretches of time and nobody knows exactly how all the moving parts are going to affect the subject of the hype (in this case Britain and the EU), let alone the asset markets we are tasked to invest in, trade or avoid.
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