Wednesday, August 09, 2017
Why Is The Stock Market Not Trading On Fundamentals Lately? / Stock-Markets / Stock Market 2017
By: Avi_Gilburt
Last week, I noted that as long as the market maintains support over 2450SPX, we still have potential to strike the 2500SPX region before we see a top to wave (3). Currently, the market has maintained such support, so I must maintain my expectations.
“The market is just not trading on fundamentals.”
“The stock market is detached from the reality of the economy.”
“Eventually, fundamentals will matter again.”
Read full article... Read full article...
Wednesday, August 09, 2017
USD/CAD - Can We Trust This Breakout? / Currencies / Forex Trading
By: Nadia_Simmons
Yesterday, the U.S. dollar rose against its Canadian counterpart, which pushed USD/CAD above the upper border of the declining wedge, but can we trust this breakout?
Wednesday, August 09, 2017
EURJPY Dropped Sharply to 128.70 / Currencies / Euro
By: Franco_Shao
EURJPY dropped sharply to as low as 128.70 after breaking below a major support trend line at 130.35 on its 4-hour chart. Further decline is still possible in a couple of days.
Read full article... Read full article...
Wednesday, August 09, 2017
New Monthly Rebate to Help Reduce Your Trading Costs / Stock-Markets / Spread Betting
By: FinancialSpreads
Financial Spreads have started a new monthly rebate scheme called 'Trader Rebate'.
This gives clients a rebate, up to 20%, on their trading costs every month. Read full article... Read full article...
Wednesday, August 09, 2017
London Tree Officer Criticises Sheffield City Council Over Felling of Thousands of Healthy Trees / Local / Sheffield
By: N_Walayat
London Tree Officer, Ian Dalton in an open letter to Sheffield City Council criticised the councils campaign of misinformation in respect of the felling of thousands of healthy tree's that has prompted thousands of Sheffielders to campaign against the felling's, resulting in many ordinary people being taken to court by an increasingly dictatorial council.
Wednesday, August 09, 2017
Dow 22,000 Struck - How Much Higher Can It Go? / Stock-Markets / Stock Market 2017
By: Submissions
Mike Golembesky writes: I have now been writing for several weeks now that I was looking for an ideal shorter-term target zone of the 21,971 -22,429 zone on the Dow Jones Industrial Average prior to seeing a top in the index. Last week the Dow moved over 22,000 for the first time and is now trading right in the middle of that target zone. Additionally, the path up to this zone since the May 17th low has been exceptionally smooth having seen a tight grind to these higher levels.
Read full article... Read full article...
Wednesday, August 09, 2017
Stock Market Divergences Are Now Appearing! / Stock-Markets / Stock Market 2017
By: Chris_Vermeulen
The loss, of the leadership of the banking and financial sector, BKX ETF, is now a major warning signal which is what is required in order to move the SPX much HIGHER, at this time!
Tuesday, August 08, 2017
Is Inflation an issue or did the Fed Mess Up? / Economics / Inflation
By: Sol_Palha
Bankers know that history is inflationary and that money is the last thing a wise man will hoard.
William J. Durant
The Fed has been trying to create the illusion that inflation is an issue. The guys from the hard money camp also maintain that inflation is an issue and to a point they are right. Their definition of inflation is an increase in the money supply. The Fed, on the other hand, defines inflation as an increase in prices. The real definition of inflation is an increase in the money supply; rising prices are just the symptom of the disease. This article from mises.org summarises this concept quite succulently
Read full article... Read full article...
Tuesday, August 08, 2017
US Companies Are More Indebted, More Leveraged, Less Profitable, and Yet Better Valued Than Ever / Companies / US Debt
By: John_Mauldin
Once again I start with a warning: A recession is eventually coming and a financial crisis with it. There is a real potential for it to come soon, although serious tax reform could delay it.
But sooner or later, the pressures of too much government debt and too many government promises, plus growth that is continually grinding slower, will break out into a recession.
Read full article... Read full article...
Tuesday, August 08, 2017
Crude Oil Price Important Levels to Watch / Commodities / Crude Oil
By: Nadia_Simmons
On Friday, light crude moved higher and gained 1.12%, which resulted in a comeback above the previously-broken 200-day moving average. Is it enough to encourage oil bulls to act in the coming week?
Tuesday, August 08, 2017
Sen. Hatch: Those Opposing More US Debt ‘Don’t Deserve to Be Here’ / Politics / US Debt
By: MoneyMetals
Republican leaders in Congress, with the urging of Treasury Secretary Steve Mnuchin, are anxious to raise the federal borrowing limit from $19.8 trillion – no strings attached.
The only hitch is those pesky conservative voters who were promised restraint by party leaders. GOP establishment hopes to quietly pass a “clean” bill to raise the debt ceiling – a direct betrayal of that voter base – don't currently enjoy enough support from other Republican members who still consider themselves accountable. So, a deal with the Democrats beckons.
Read full article... Read full article...
Tuesday, August 08, 2017
Top 3 Technical Trading Tools Part 1: Japanese Candlesticks / InvestorEducation / Learn to Trade
By: EWI
"I always will be an Elliottician, but other technical tools have merit and are indeed worthwhile: they allow me to build a case, build a more confident reason for making a forecast and for taking a trade; making a trading decision."
I recently asked Trader's Classroom editor Jeffrey Kennedy to name 3 of his favorite technical tools (besides the Wave Principle). He told me that Japanese candlesticks, RSI, and MACD Indicators are great methods to support Elliott wave trade setups.
Read full article... Read full article...
Tuesday, August 08, 2017
The Case for SPX 2265.22 by August 14th / Stock-Markets / Stock Market 2017
By: Brad_Gudgeon
In the following charts, I present the case for SPX 2265.22 by August 14th, 2017. That is only one week away and would knock about 8.5% off the major average.
I use astrology, Gann & Hurst Cycles, E-Wave and charting techniques to prove my point.
Read full article... Read full article...
Tuesday, August 08, 2017
... / Commodities / Lithium
By: OilPrice_Com
...
Tuesday, August 08, 2017
Is Pot Replacing Alcohol? It’s a Money Making Business / Commodities / Cannabis
By: Rodney_Johnson
Pot is what alcohol used to be.It’s an industry ready to take off, but one that’s still finding its way, and one whose progress is not exactly encouraged by the federal government. It’s a little bit like Prohibition 2.0.
The alcohol industry – now eight decades after states ratified the 21st amendment and ended prohibition – generated $475 billion in economic activity and $110 billion in wages in 2014.
Read full article... Read full article...
Tuesday, August 08, 2017
Stock Market Volatility: A Dangerous Game Made Safe / Stock-Markets / Stock Market 2017
By: Harry_Dent
In the coming years, we’ll see much more volatility in the market.The fact that the VIX (or volatility index) has hit its lowest levels ever this year is of course prompting concern that a bear market is lurking in the shadows.
The market boom from late 1982 through late 2007 was based on real fundamentals: the spending wave of the largest generation in history; falling interest rates from rising productivity after the greatest peak in history in 1980 to 1981; the movement of internet and portable computing into mainstream markets.
Read full article... Read full article...
Tuesday, August 08, 2017
Is Space Travel Crazy… or Inevitable? / Companies / Technology
By: Harry_Dent
Of course, everyone in the Baby Boom generation remembers how uniting and inspiring the early orbits and moon landings were. Such heroic efforts, much like wars, also advance learning and technology, often beyond any expectations.Today we have billionaires and tech leaders from Elon Musk to Richard Branson planning civilian trips around the moon as early as next year… leading the parade to Mars and its colonization… and mining asteroids for precious and rare metals.
Read full article... Read full article...
Tuesday, August 08, 2017
What Happened to Thousands of Sheffield's Street Trees 2017 - Fellings Documentary / Local / Sheffield
By: N_Walayat
Formerly Britain's greenest city, Sheffield has become infamous world wide for the felling of thousands of the cities biggest and best street trees. This documentary answers the many questions of exactly what is happening and why and what are the likely economic and environmental consequences to follow the initial felling of 6,000 trees by the by Spanish Ferrovial owned Amey, as the first tranche of 6000 trees to be felled nears completion. The consequences of which Sheffield will pay a heavy price for decades to come, and not just economic consequences in terms of lost capital value to Sheffield's property market, but health and environmental consequences, as at a time of heightened climate change awareness, Sheffield City Council is going in the opposite direction to recommended climate change alleviation measures of greater tree leaf coverage so as to soak up carbon from the atmosphere and offer people and properties shade during the ever hotter summer months.
Monday, August 07, 2017
Solar, Bubble, Banks, War, and Legal Tender: Five Reasons Why You Should Buy Silver Now / Commodities / Gold and Silver 2017
By: HAA
Shannara Johnson : Unlike its big brother, gold, physical silver is coveted for both investment purposes and industrial usage. Right now, silver prices are in a bit of a slump—in other words, it’s the perfect time to load up on this precious metal while it’s down. Here are some good reasons why silver should be on every investor’s radar.
Monday, August 07, 2017
CRASH - If Some People Do It, Nothing Bad Happens, But If Everyone Does It, All Hell Breaks Loose / Stock-Markets / Stock Market Crash
By: John_Mauldin
BY JARED DILLIAN
: In preparation for writing this article, I wanted to brush up on the Crash of 1987, so I let my fingers do the walking:
The Crash of ’87 doesn’t even make the list! Wow, short memories.
When I started trading index arbitrage in 2001, people were asking me if index arb caused the Crash of ’87.*
No, index arbitrage didn’t cause the Crash of ’87, nor was it a contributing factor.
Read full article... Read full article...