Saturday, November 04, 2017
Markets At the Junction of Risk ‘On’ and Risk ‘Off’ / Stock-Markets / Financial Markets 2017
[edit] As I do the actual work of plowing through NFTRH 472 I am noting some non-bond related indicators in line with the fading Junk/Quality ratios and easing Treasury yields noted in this post. If preliminary hints in these indicators intensify and long-term yield breakouts fail, we may get a market reaction of some kind and lurch to risk ‘off’ sooner rather than later. Most market charts remain straight up bullish. But charts are charts and indicators are a whole other animal.
This post serves as a public version (i.e. more wordiness than is usual in an NFTRH report) of NFTRH 472’s Bonds & Related Indicators segment. If you’re not following bonds closely, you’re not really following stock and asset markets. You’re throwing darts.
At the junction of the inflated risk ‘on’ trade (stocks, global growth assets, etc.) and risk ‘off’ (gold, Treasury bonds, cash & equivalents, etc.) are the pivotal indicators to these conditions, Treasury bond yields, yield dynamics and bond market signals.
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Saturday, November 04, 2017
Preparing For EU Collapse / Politics / European Union
If there is one thing the Spain vs Catalonia conflict reminds us of, it has got to be Turkey. And that is a much bigger problem for the EU than it realizes. First of all, Brussels can no longer insist that this is an internal, domestic, Spanish issue, since Catalan president Puidgemont is in…Brussels. So are 4 members of his government.
That moves decisions to be made about his situation from the Spanish legal system to its Belgian counterpart. And the two are not identical twins. Even if both countries are EU members. This may expose a very large European problem: the lack of equality among justice systems. Citizens of EU member countries are free to move and work across the Union, but they are subject to different laws and constitutions.
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Saturday, November 04, 2017
Analyzing the Mainstream Analysts: Are Silver SLV ETF Holdings Really Plummeting? / Commodities / Gold and Silver 2017
Jeff Clark : It was a headline designed for shock value. The title screamed, Investors Dumping SLV at Fastest Pace in 6 Years!
The headline came from Bloomberg, the epitome of “mainstream” news in my opinion. The article reported that investors were “dumping” holdings in SLV, the largest silver exchange-traded fund. They claimed the silver market had been “hit by a gale force, spurring an exit from ETFs backed by the metal.”
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Saturday, November 04, 2017
Bitcoin Blasts Through $7,000… Are We Glitching The Matrix? / Currencies / Bitcoin
As a cryptocurrency HODLer, these are good times.
I take a flight, arrive, and my bitcoin holdings have soared. I go to sleep, wake up, bitcoin is up.
As I write, from here in Lisbon, Portugal, for Steemfest bitcoin is over $7,300.
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Saturday, November 04, 2017
The Essay Paper . Exposition Paper Writing: Building An Introductory Paragraph / Personal_Finance / Education
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Saturday, November 04, 2017
Smiggle Lipbalm Slapband and Boxing Pen Review Fun / Personal_Finance / Shopping
Hi friend's, here's more from our recent Smiggle shopping haul that includes fun use of the lipbalm slapband and boxing pen, punch, punch, punch, punch!
Enjoy.
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Friday, November 03, 2017
Gold Stocks Winter Rally / Commodities / Gold and Silver Stocks 2017
The gold miners’ stocks have largely ground sideways this year, consolidating their massive 2016 gains. That lackluster trading action, along with vexing underperformance relative to gold, has left gold stocks deeply out of favor. But these uninspiring technicals and resulting bearish sentiment should soon shift. The gold stocks are just now entering their strongest seasonal rally of the year, the super-bullish winter rally.
Gold-stock performance is highly seasonal, which certainly sounds odd. The gold miners produce and sell their metal at relatively-constant rates year-round, so the temporal journey through calendar months should be irrelevant. Based on these miners’ revenues, there’s little reason investors should favor them more at certain times of the year than others. Yet history proves that’s exactly what happens in this sector.
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Friday, November 03, 2017
Gold Price Reacts as Central Banks Start Major Change / Commodities / Gold and Silver 2017
– Bank of England raised interest rates for the first time in ten years
– President Trump announces Jerome Powell as his choice to lead the U.S. Federal Reserve
– Most investors outside the US Dollar and Euro see gold prices climb after busy week of central bank news
– Inflation now at five-year high of 3%
– Inflation, low-interest rate, debt crises and bail-ins still threaten savers and pensioners
Friday, November 03, 2017
Here’s Why Catalonia Has Put The EU In Danger / Politics / European Union
BY JACOB L. SHAPIRO : Catalonia is vying to become Europe’s newest nation-state, but this is a battle Catalonia ultimately can’t win.
Only 51.8% of members in the Catalan parliament supported the independence declaration. That means even Catalans themselves are divided over whether Catalonia should secede from Spain.
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Friday, November 03, 2017
SPX Trying to Digest a Whopper of a Monthly Labor Report / Stock-Markets / Stock Market 2017
SPX futures are flat, trying to digest a big letdown in the BLS October Employment Situation Report. To make matters worse, 216,000 of the 261,000 reported new jobs are from a hypothetical model called the CES Birth/Death Model.
ZeroHedge reports, “Well, with virtually everyone expecting a 300K+ payrolls number after last month's negative hurricane-distorted print, and with whispers of a 400K print floating around, it only made sense that not only would payrolls disappoint, printing at 261K, one standard deviation below the 310K consensus estimate (and that even with a whopping 89,000 waiters and bartenders added)”
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Friday, November 03, 2017
GBP/USD – Currency Bulls vs. mid-October Highs / Currencies / British Pound
Although GBP/USD increased a bit recently, the resistance area created by the mid-October highs continues to keep gains in check. What’s next for the exchange rate?
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Friday, November 03, 2017
We Have A Bifurcated Precious Metals Market / Commodities / Gold and Silver 2017
First published on Sunday Oct 29 for members of ElliottWaveTrader.net: There is no doubt that the action we have experienced in the metals complex in 2017 has been exceptionally frustrating, especially as the market presented us with several break out set ups that did not follow through. And, when a larger bullish structure presents you with break out set ups, probabilities suggest you have to favor those set ups, as I did in 2017.
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Friday, November 03, 2017
Analyzing the Mainstream Analysts: Are Silver SLV Holdings Really Plummeting? / Commodities / Gold and Silver 2017
Jeff Clark : It was a headline designed for shock value. The title screamed, Investors Dumping SLV at Fastest Pace in 6 Years!
The headline came from Bloomberg, the epitome of “mainstream” news in my opinion. The article reported that investors were “dumping” holdings in SLV, the largest silver exchange-traded fund. They claimed the silver market had been “hit by a gale force, spurring an exit from ETFs backed by the metal.”
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Friday, November 03, 2017
Someone doesn't want the Stock Market to decline / Stock-Markets / Stock Market 2017
The VIX got walloped just after challenging the 50-day Moving Average this morning. It appears that someone didn’t want to see the equities markets go down after the tax plan was announced. Thus far the lows are higher, so there is no apparent threat to the VIX. However, it may mean that the “big one” may come overnight so they can blame it on other news.
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Friday, November 03, 2017
Charts Showing Extreme Social Fragmentation in the US / Politics / US Politics
I’m going to show you three graphs that sum up the study discerning political polarization that has been conducted since 1994.
These three charts look at the years 1994, 2004, and 2017. Even as late as 2004, notice the broad crossover between the median Democrat and median Republican. And then notice how wide the divide is today.
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Friday, November 03, 2017
Bank of England Base Rate increases to 0.50% / Personal_Finance / UK Interest Rates
The Bank of England’s decision to increase interest rates from 0.25% to 0.50% marks the first increase to base rate in over 10 years, and is the result of higher inflation and persistent uncertainty surrounding Brexit. What does this mean for the average consumer?
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Thursday, November 02, 2017
Bank of England Hikes UK Interest Rates 100%, Reversing BREXIT PANIC Cut! / Interest-Rates / UK Interest Rates
The Bank of England with much forewarning hiked UK interest rates by 100% today, raising the base interest rate from 0.25% to 0.5%. However, before everyone starts to panic that this heralds the start towards of rates rising to pre 2008 levels, instead the reality is that all that the Bank of England has done is to reverse the PANIC BREXIT INTEREST RATE CUT of August 2016. Which had seen the Bank of England cut interest rates to there lowest levels in the Bank of England's 320 year history. Which followed over 7 years of rates being held at 0.5% the duration of which had seen virtually ALL economists reveal the true extent of their ineptitude as they had collectively consistently forecast that UK Interest rates were always just about to head higher, that a a series of rate hikes were always just months away, which not only never materialised but culminated in the reality of a RATE CUT last year!
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Thursday, November 02, 2017
Fireworks Dangers Safety Tips for Kids, School Children on Guy Fawkes Bonfire Night 2017 / ConsumerWatch / Health and Safety
It's going to be bonfire night again soon and already groups of teens can be seen roaming the streets letting off fireworks in all directions. So here is a timely reminder that fireworks can be VERY DANGEROUS if not handled correctly even for adults, which is why children should never handle fireworks!
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Thursday, November 02, 2017
NZDUSD Failed To Break Below 0.6817 Support / Currencies / Forex Trading
The NZDUSD pair failed in its attempt to break below 0.6817 support and bounced off to 0.6940 area, suggesting that consolidation for the downtrend from 0.7557 is needed. Further rally would likely be seen in the coming days and next target would be at 0.7000 area.
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Thursday, November 02, 2017
Who Will Be the Next Fed Chief - And Why It Matters / Interest-Rates / US Federal Reserve Bank
Janet Yellen's term is ending at the Federal Reserve. With new appointments, President Trump can indirectly shape US monetary policy for years to come - for better or worse.Serving as the “epitome of calm,” Fed chief Ben Bernanke responded to the global financial crisis by cutting the federal funds rate to zero and initiating rounds of quantitative easing (QE) soon thereafter.
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