Sunday, December 24, 2017

Christmas Eve Online Sales 2017, Boxing Day High Street Sales Full List / Personal_Finance / Shopping

By: Nadeem_Walayat

Britain's Christmas high street sales frenzy is about to reach maximum intensity on Boxing day whilst most major retailers such as NEXT and PC World / Curry's will start their sales online on Christmas Eve so as to maximise profits from the the army of point and click armchair shoppers. Here is a comprehensive list of sales starting today, Christmas Eve and continuing into the high streets on Boxing day as well as those already well underway. As distressed retailers who have had an horrid year as illustratated by ToysRUs which this week came within hours of going bust as illustrated by recent video.

Sunday, December 24, 2017

EURUSD Moved Sideways Between 1.1554 And 1.2092 / Currencies / Euro

By: Franco_Shao

EURUSD continued its sideways movement in a trading range between 1.1554 and 1.2092. The sideways move is likely consolidation of the uptrend from 1.0340 (Jan 3 low). As long as 1.1554 support holds, the uptrend could be expected to resume and another rise is still possible after the consolidation. Near term resistance is at 1.1961, a breakout of this level could take price to next resistance level at 1.2092. Above here could trigger further bullish movement towards 1.2500.

Sunday, December 24, 2017

How To Put Bitcoin & Other Cryptocurrencies Into An IRA / Currencies / Bitcoin

By: Jeff_Berwick

When it comes to government, The Dollar Vigilante has been quite clear that our view is that government is an illegitimate and unnecessary evil.

And, we’ve been even more clear on our view of extortion or as the illegitimate government calls it, “taxation”, with our article, “A Letter To The IRS: Go ***** Yourselves You Bunch Of Criminals.”

Sunday, December 24, 2017

Stock Market 2018 - Four Calling Charts.... / Stock-Markets / Stock Markets 2018

By: Submissions

Chad Champion writes: It’s a good time to look at the big picture as 2017 comes to an end.

In other words, what are the indicators telling us?

Today, I’m going to talk about four charts. The bottom line is this… Investors need to be more cautious and more selective in what they buy.

Saturday, December 23, 2017

Black Friday Bitcoin Crypto Crash! Are All Cryptocurrencies Going To Zero? / Currencies / BlockChain

By: Jeff_Berwick

Peter Schill and the Health Ranger are finally right. They were right all along.

The cryptocurrencies have all crashed and are headed towards zero.

It was only a few days ago I commented that almost every cryptocurrency was in the green. Today was the exact opposite.

Saturday, December 23, 2017

I Wouldn't Touch Bitcoin, Risk of Collapse Too Big / Currencies / Bitcoin

By: EWI

Bitcoin's 50% crash was not entirely unexpected

"Wild" doesn't begin to describe Bitcoin's price action. This spring, it traded as low as $1200. Last week, BTC futures topped $20,000.

Yesterday (December 21), in an article by newsmax.com, Elliott Prechter warned about Bitcoin's future:

Saturday, December 23, 2017

5 Charts That Show Historic Value in Gold Stocks / Commodities / Gold and Silver Stocks 2017

By: Jordan_Roy_Byrne

Back in early 2016 as precious metals rebounded, our work showed that gold stocks were arguably the cheapest they had ever been. They had the worst 5-year and 10-year rolling performance ever, they were trading at potentially 40-year lows on a price to cash flow basis, they were the cheapest ever relative to the stock market and Gold and most notably, the Barron’s Gold Mining Index was trading at the same level as 42 years ago! The gold stocks enjoyed a massive recovery in 2016 but it was short lived as the sector corrected and then consolidated (far from the highs) for over a year. Although we have a tendency to be too conservative at times, over a month ago we noted a historical pattern that bodes extremely well for gold stocks over the next few years. That outlook is reinforced by the continued historic value in the gold stocks as exhibited by the following charts.

Saturday, December 23, 2017

Internet, the Weapon of Mass Disruption / Politics / Internet

By: Richard_Mills

The ever-increasing digitalization of our world has meant advances in technology that would have been unimaginable 30 years ago when the Internet first entered the popular lexicon. Created by the U.S. Government in the 1960s to build robust communications via computer networks, “Internet” as it was then called had no means of electronic mail, telephony or file sharing, which are the building blocks of today's world-wide web.

More recent inventions like e-commerce, cloud computing and the Industrial Internet of Things (IIoT) have transformed the way we do business and conduct our personal lives. We take for granted the ability to shop and bank online, have a constant cell phone connection either through broadband or wifi, stream music and videos, or talk to each other across thousands of miles through Skype and FaceTime.

Friday, December 22, 2017

Gold Stocks Coiled Spring Ready for Massive Breakout Upleg 2018 / Commodities / Gold and Silver 2018

By: Zeal_LLC

The gold miners’ stocks largely ground sideways in 2017, lagging gold’s solid rally.  Being trapped in this vexing consolidation has decimated sentiment, leaving a bearish wasteland bereft of hope.  But contrary to perceptions, this deeply-out-of-favor sector is actually a coiled spring today.  Gold stocks are ready to surge dramatically higher as psychology inevitably shifts, pointing to much higher prices coming in 2018.

The main appeal of gold-mining stocks is their underlying profits’ leverage to gold.  The gold miners are much riskier than gold itself, facing many operational, geological, and geopolitical challenges that the metal doesn’t share.  Thus investors and speculators alike must be compensated for these large added risks with superior returns to gold.  That didn’t happen in 2017, which is why gold stocks are so widely despised.

Friday, December 22, 2017

Fed Unwinds, Gold Market Yawns / Commodities / Gold and Silver 2017

By: Arkadiusz_Sieron

In October, the Federal Reserve started the unwinding of its massive balance sheet. According to the addendum to the Policy Normalization Principles and Plans revealed in June 2017, Fed officials wanted to reduce the size of its security portfolio by $10 billion in October ($6 billion in Treasuries and $4 billion in the mortgage-backed assets). Let’s analyze whether this is really what happened, how the so-called quantitative tightening has influenced the financial markets so far, and what the Fed’s normalization would mean for the gold market.

Friday, December 22, 2017

Will Tax Bill Sink Gold? / Commodities / Gold and Silver 2017

By: Arkadiusz_Sieron

This week, the U.S. Congress approved the tax bill. What does it mean for the gold market?

So it finally happened. After months of struggle, the U.S. lawmakers passed a tax reform on Wednesday. Now, Trump has to sign it into law. What’s in the final version? The bill maintains current seven tax brackets for individuals, but temporarily lowers most income levels and rates for each one. It also increases the standard deduction.

Friday, December 22, 2017

The Main Characteristics Of Bitcoin / Currencies / Bitcoin

By: Boris_Dzhingarov

Bitcoin is a newer form of currency, the difference being it is completely digital. Nobody controls bitcoin, they are not printed in a factory, they are completely held and created electronically. They are only used to buy things electronically, and you can invest in bitcoin if you wish. The price of bitcoin changes hour by hour so it’s best to keep an eye on when is the right time to invest. If you are new to bitcoin, below are a few characteristics to help you understand bitcoin better before you invest.

Friday, December 22, 2017

Bitcoin: Gold Rush in the Wild Wild Math Game / Currencies / Bitcoin

By: EconMatters

Bitcoin has become a buzz word in the investing community, not as an alternate currency unit replacing the fiat money, but as an asset class with a spectacular 1,600%+ return this year, valuation almost doubled just in the December month alone. Bitcoin was heading towards $20,000 before pulling back to $15,000 level on 12/21/2017. The entire cryptocurrency market capitalization rose above $600 billion for the first time on Dec. 18, 2017.

Friday, December 22, 2017

Another Technical Tool in the Markets Chart Analysis Toolbox! / InvestorEducation / Technical Analysis

By: Peter_Degraaf

Charts are fascinating!  They reflect human action.  We look at charts for direction, for support and resistance.  Here is a chart (courtesy Stockcharts.com) that is just now in the process of showing a buy signal for gold mining stocks.

Friday, December 22, 2017

Economic And Technical Outlook Of Indian Stock Market / Stock-Markets / Stock Market 2017

By: Submissions

Macroeconomic Fundamentals

India is the sixth largest in terms of nominal GDP already. Moreover it has shown a outstanding momentum in its GDP growth rates. The country is the world’s fastest growing major economy.

Future prospects are magnificent. India is right in the sweet spot of the „new economy“ that the world is going to. It has a very young and well-educated workforce, which is already a major exporter of IT and outsourcing services.

Friday, December 22, 2017

Stock Market Importance of the Final Hour / Stock-Markets / Stock Market 2017

By: Anthony_Cherniawski

Here is some information that I thought I’d pass along.

The first is an article by ZeroHedge, which begins, “For months, the so-called "Smart Money" has been on-board with the incessant rally in US equity markets, buying every dip - no matter how shallow.

However, since the end of November, a very different regime appeared to take hold.”

Friday, December 22, 2017

Short-term CRB Rally Driven Mainly by Oil / Commodities / CRB Index

By: Donald_W_Dony

The recent rebound strength in the Commodity Research Bureau Index (CRB) has been underpinned by only a select few natural resources.

The CRB having completed a basing pattern in Q2/Q3 has rallied largely on the back of a single commodity - Light crude oil.

Copper prices have also contributed to the rebound, but the heavy lifting has gone to WTIC.

As near-term futures contracts point to $61 for oil and $3.25 for copper, the rebound maybe short-lived.

Friday, December 22, 2017

The Stock Market Train Left the Station Years Ago, Now What? / Stock-Markets / Stock Market 2017

By: Submissions

Chad Champion writes:The S&P 500 hit record highs 53 times this year. The Dow Jones Industrial Average (DJIA) had 70 record closes this year.

It’s tempting to jump in.

Here’s 2017 summed up by the Wall St. Journal in yesterday’s piece, This Year in Review:

A global stock-market surge powered by corporate earnings and economic growth sent major indexes to repeated records this year, defying predictions that the rally would peter out.

Thursday, December 21, 2017

Here’s Why China Unofficially Ended the Dispute with South Korea / Politics / China US Conflict

By: John_Mauldin

BY PHILLIP ORCHARD : The countries of East Asia are worried about the coercive power of Beijing’s pocketbook. And perhaps they should be.

China is flush with money, and as it continues to pour massive amounts of aid and investment into the region, it’s only a matter of time before Beijing tries to cash in.

Thursday, December 21, 2017

4 Breakout Stocks to Watch / Companies / Company Chart Analysis

By: Harry_Boxer

Here are four stocks showing strong technical momentum.

BlackBerry Limited (BB) shot up out of a double-top pattern on Wednesday, closing up nearly 12% at $12.17 on 29 million shares traded. That was the largest volume since the end of September, and more than 7x the stock's daily average. The move came with the company's positive earnings announcement and news on the transformation of its core business from communications hardware to cybersecurity solutions. Price has not been this high since January 2015. Next targets: $14 and $17.