Monday, July 10, 2017
What Sports Are in Store for the Rest of 2017? / Personal_Finance / Gambling
By: Submissions
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Sunday, July 09, 2017
Stock Market Still Bullish Bias / Stock-Markets / Stock Market 2017
By: Andre_Gratian
Current Position of the Market
SPX Long-term trend: Uptrend continues with a serious loss of upside momentum in weekly indicators.
SPX Intermediate trend: An ending diagonal appears to be in its last stage of completion.
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 discuss longer market trends.
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Sunday, July 09, 2017
Did Junk Bonds Just Signal the End to This Credit Cycle? / Interest-Rates / US Bonds
By: Graham_Summers
Stocks are now in very serious trouble.
The S&P 500 has fallen to test its “election rally” trendline. If the market breaks down here, there’s essentially one giant “air pocket” down to 2,200 or so.
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Sunday, July 09, 2017
The Stock Market Quantified Elliott Wave Theory: OEW / Stock-Markets / Stock Market 2017
By: Tony_Caldaro
In the coming months, and for some it has already started, many market pundits will be calling for a monumental crash. Some will proclaim it to be the largest crash in our lifetime. There will be various reasons. Extremely high debt levels, high market valuations, leverage in managed funds, prolonged low growth without a recession, rising interest rates, Quantitative Tightening, and even Elliott Wave patterns. The latter is the reason for this report.
The Elliott Wave Theory has been circulating in technical market analysis circles for 80-years. On the surface, it is easy to understand. There are five waves up during bull markets representing growth, and three waves down during bear markets representing contraction. Since the economy moves from growth to contraction it makes sense. Historically, one can even look at a chart of the DOW, over an 80-year period, and actually see the five waves with three advances and two intervening declines. From the 1932 crash low: 1937-1942-1973-1974-2007. Simple, right? In theory, yes. In real time practice no.
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Sunday, July 09, 2017
War On Cash: Australia Considering Chipping Senior’s Money To Stop Them From Saving / Currencies / War on Cash
By: Jeff_Berwick
Ten years ago I wrote on my personal travel blog, “Australia sucks”. In it I detailed, “Australia seems to have more rules than any other country on the planet I have visited. There are signs outlining rules everywhere. I was even on a street that had a street-sign denoting that particular street as being an alcohol-free street. No alcohol is allowed to be consumed or even carried on that street?? I presume that even includes inside the houses on that street by the way it was written!”
Saturday, July 08, 2017
US Stock Market Correction Continues / Stock-Markets / Stock Market 2017
By: Tony_Caldaro
The market started the holiday shortened week at SPX 2423. After a gap up opening on Monday the market rallied to SPX 2439. The market pulled back to SPX 2422 by Wednesday morning, then rallied to 2435 in the afternoon. A gap down opening on Thursday took the SPX to 2408 near the close. Then a gap up opening on Friday rallied the market to SPX 2427. For the week the SPX/DOW gained 0.2%, and the NDX/NAZ gained 0.2%. Economic reports for the week were slightly negatively biased. On the downtick: auto sales, factory orders, the ADP, the WLEI, plus jobless claims and the unemployment rate rose. On the uptick: ISM manufacturing/services, monthly payrolls, plus the trade deficit improved. Next week’s reports will be highlighted by FED chair Yellen’s testimony to Congress, the Beige book, and industrial production. Best to your week!
Saturday, July 08, 2017
Gold Awaits Fundamental Shift / Commodities / Gold and Silver 2017
By: Jordan_Roy_Byrne
Last week we wrote that Gold’s poor performance in real terms could reflect its worsening fundamentals. Real interest rates are rising because the rate of inflation has peaked and bond yields are rebounding. It is a double whammy for precious metals. This is not permanent but something that could last a few quarters. Gold needs inflation to accelerate or bond yields to drop significantly. One historical analog argues that with respect to the Federal Reserve, a change in policy could be part of the fundamental shift needed to drive Gold into a bull market.
Saturday, July 08, 2017
Stock Market Indexes Are Winding Up for a Fast Ball / Stock-Markets / Stock Market 2017
By: Anthony_Cherniawski
I finally have internet service and can communicate to you. We had a violent storm pass through early this morning. I did not know the extent of the damage until I discovered my broadband service was out and the roads were blocked by downed trees. Fortunately, we are on a high priority electricity grid, so power was back on by sunrise.
Saturday, July 08, 2017
Major Market Opportunity of a Lifetime is Coming! / Stock-Markets / Financial Markets 2017
By: EWI
Dear Investor,
"That time still lies ahead, but it is coming." - Robert Prechter says on the first page of his Elliott Wave Theorist.
The major market Bob refers to could be the opportunity of a lifetime. And the quote above could be considered the theme of this issue.
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Friday, July 07, 2017
If The Fed’s Members Spent Some Time As Uber Drivers, Our Monetary Policy Would Be Saner / Interest-Rates / US Federal Reserve Bank
By: John_Mauldin
BY PATRICK WATSON : John Mauldin wrote a letter last year called “Life on the Edge” that I think was one of his most important ever. It drew more reader feedback than anything else of John’s I’ve seen.
Drawing on Peggy Noonan’s Protected vs. Unprotected theme, John described how our economy has left so many people behind. Their anger, much of it well-justified, is one reason Donald Trump is now president.
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Friday, July 07, 2017
Find Out How to Amazon-Proof Your Real Estate Portfolio / Housing-Market / US Housing
By: Charles_Sizemore
I recently heard Amazon, the world’s largest online retailer, described as a “bull in a china shop” for the way it’s disrupted industry after industry.But that’s really the wrong analogy. An angry bull lashes out erratically, goring or trampling whatever happens to be in front of it at the moment. Amazon is far too mechanical for that.
The better comparison for Amazon would be a steamroller. Like a steamroller, Amazon slowly and methodically flattens everything in its path.
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Friday, July 07, 2017
Trump Trade Will Break in 2017 / Stock-Markets / Financial Markets 2017
By: Adam_ODell
The first half of 2017 is over… and, boy, was it one for the history books!American politics dominated the global discussion, as speculation ran rampant over who would emerge as the winners and losers of a Trump presidency.
Surprisingly (or not!)… the media’s storylines have likely led naïve investors into some of the worst-performing investments so far this year.
Essentially, everything that was up “huuuuge” from Election Day through year end… is now lagging behind. And everything that struggled to digest the reality of Trump’s win… is now leading the pack.
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Friday, July 07, 2017
Don’t Listen To the Daily News When It Comes To Investments / Stock-Markets / Mainstream Media
By: Harry_Dent
The hot topic in politics of late is “fake news”… like the media is the villain.Sometimes they are. MSNBC obviously has a clear leaning towards the left, and Fox towards the right. That’s why I prefer to watch some CNN.
But I think the media generally does a good job of trying to find the truth, even if from a biased side. They ask hard questions and uncover scandals. A free press has always been a cornerstone of democracy, and should be allowed to do its job.
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Friday, July 07, 2017
UK Election Forecasting - YouGov Snatches Defeat from the Jaws of Victory! / ElectionOracle / UK General Election
By: Nadeem_Walayat
The most notable outlier forecast of the 2017 UK general election was YouGov's seats forecast announced about 2 weeks prior to the general election that was contrary to every other pollster and analysts at the time. Initially YouGov forecast that the Tories would only achieve 310 seats.
Friday, July 07, 2017
Silver Prices Bounce Higher After Futures Manipulated 7% Lower In Minute / Commodities / Gold and Silver 2017
By: GoldCore
– Silver prices ‘flash crash’ before rebound
– Silver hammered 7% lower in less than minute in Asian trading
– Silver fell from $16 to $14.82, before recovering to $15.89
– Silver plunge blamed on another ‘trading error’
– Gold similar ‘flash crash’ last week and similar recovery
– Hallmarks of market manipulation as $450 million worth of silver futures sold in minute
– Trading ‘errors’ always push gold and silver lower. Why never higher?
– ‘Flash crashes’ increasingly frequent in precious metals, yet rarely happen in stocks and bonds
– Rapid recovery from frequent raids bodes well for precious metals
– Silver coins and bars accumulated on dips by ‘stackers’
Friday, July 07, 2017
Gold Seasonal - The Golden Age Has Just Begun / Commodities / Gold and Silver 2017
By: Dimitri_Speck
In recent issues of Seasonal Insights I have discussed two asset classes that tend to suffer performance problems in most years until the autumn, namely stocks and bitcoin.
I thought you might for a change want to hear of an asset that will be in a seasonal uptrend over coming months.
Such assets do of course exist, and one that has particularly good prospects at the moment is gold.
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Friday, July 07, 2017
UK House Prices the Most Accurate General Election Forecast Predictor / ElectionOracle / UK Housing
By: Nadeem_Walayat
UK house prices wealth effect once more proved to be the MOST accurate forecaster for the outcome of UK general elections i.e. April house prices data implied 342 Tory seats, which far more reliable when compared to the a range of forecast expectations primarily by pollster based analysts that extended 375 seats just prior to polling day.
Friday, July 07, 2017
The Fed Just Admitted, On RECORD, Stocks Are In a Bubble / Stock-Markets / Liquidity Bubble
By: Graham_Summers
Yesterday, the Fed made the single largest announcement of the last 10 years.
The media didn’t catch it. Nor did the markets.
The reason?
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Friday, July 07, 2017
A Crash is Coming.... Last Time This Happened Was Spring 2008 / Stock-Markets / Financial Crash
By: Graham_Summers
Perhaps the single most accurate predictor of the economy has rolled over into recession territory.
I’m talking about tax revenues.
GDP growth, unemployment data, ISM surveys… all of these can and are massaged by statisticians to create a rosier picture of the economy than reality. By way of example, we recently noted that 95% of all net job growth since 2008 was in fact created via an accounting gimmick. In reality, the jobs were never created at all.
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Friday, July 07, 2017
GOLD Flashing Bullish Signals Again, USDJPY Contracting Triangle in Play / Commodities / Gold and Silver 2017
By: Enda_Glynn
My Bias: LONG
Wave Structure: rally in wave [C]
Long term wave count: wave [C] is underway, upside to above 136.00
Important risk events: JPY: N/A. USD: Non-Farm Employment Change, Unemployment Rate, Fed Monetary Policy Report.
USDJPY has spent the week going sideways in a contracting range.
This price action is beginning to look like a contracting triangle,
Possibly within wave '4' pink.