Tuesday, June 20, 2017
Stock Market Quick Airpocket Ahead, Gold Miners Look Good / Stock-Markets / Stock Market 2017
By: Brad_Gudgeon
The stock market is due for a sudden air pocket, likely from Tuesday to Thursday this week. My downside target is 2398 . We are due for the 10 week low from April 13, 2017. The SPX is making an irregular abc type (y) wave top that is not being confirmed by stochastics or the MACD daily. Last time we saw this was May 16-17, 2017 on the 5 and 7 week low. The pattern is bullish once resolved. We should see a final top on or near July 5-7.
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Tuesday, June 20, 2017
North Korea: Is War the Inevitable Outcome? / Politics / North Korea
By: HAA
Shannara Johnson : There’s little doubt that from the moment Kim Jong-un took power in 2011, he has been on a mission to accelerate North Korea’s nuclear program.
There’s also little doubt this is of extreme concern to the US and the Trump administration.
Daily reports of US warships and submarines moving in along the Korean Peninsula and unrelenting missile tests in North Korea have sparked worries that a strike may be imminent. Will we end up in a war with North Korea, and what would be the consequences?
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Tuesday, June 20, 2017
Most Popular Auto Trading Tools for trading with Stock Markets / Stock-Markets / Stock Market 2017
By: Submissions
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Tuesday, June 20, 2017
Is Amazon/Whole Foods Sign this Cycle’s AOL/Time Warner Party is Over? / Companies / Stock Market 2017
By: John_Rubino
Towards the end of the 1990s tech stock bubble, “new media” – i.e., the Internet — was ascendant and old media like magazines, newspapers and broadcast TV were yesterday’s news. This was reflected in relative stock valuations, which gave Internet pioneer AOL the ability to buy venerable media giant Time Warner for what looked (accurately in retrospect) like an insane amount of money.
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Tuesday, June 20, 2017
GDXJ Gold Stocks Massacre: The Aftermath / Commodities / Gold and Silver Stocks 2017
By: The_Gold_Report
Veteran investor Bill Gross' investment strategy offers lessons to all investors, says Lior Gantz, editor of Wealth Research Group.
GDXJ Rebalance
PIMCO (Pacific Investment Management Company) is the largest American-based, private investment company focused on bonds.
As of its last filing, it had over $1.51 trillion in assets under management—that is significant, and the man who founded the company, Bill Gross, has a lot to do with it.
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Tuesday, June 20, 2017
Why Walkers Crisps Pay Packet Promotion is RUBBISH! / ConsumerWatch / Freebies and Comps
By: Anika_Walayat
I bet most of you who have been buying hundreds of packets of walkers crisps trying to win from £5 upwards in their pay packet promotion will not have had any success. So here we stand having bought near 600 packs of crisps and with a big fat zero of wins, which brings us to the conclusion that this promotion is RUBBISH! About as good as their 2016 promo for winning 1 of 20,000 holidays that only resulted in about 800 holidays being won. And so I suspect we will see the same for Walkers Pay Packet promotion i.e. the total won is nowhere near the £2 million promoted prize fund. Anyway we shall see, but in our experience this walkers promotion is rubbish, so you should stop wasting your time and money in the remaining weeks because your not going to win anything!
Monday, June 19, 2017
Raise the Inflation Target and Put a Date on It! / Economics / Inflation
By: Michael_Pento
Raise the Inflation Target and Put a Date on It! That’s the direction some high-profile economist and former members on the FOMC want to go. According to these academics, including Narayana Kocherlakota the former president of the Federal Reserve Bank of Minneapolis from 2009 to 2015, raising the inflation target just isn’t enough. They want to put a time horizon on it as well. In other words, they want to raise the inflation target higher than the current 2% level, and then place a firm date as to when that inflation goal must be achieved.
Monday, June 19, 2017
Why The EU’s Recent Plans To Regulate London’s Financial Sector Are Overblown / Politics / BrExit
By: John_Mauldin
By Antonia Colibasanu : A major concern after Brexit was that it will destroy the financial sector in the UK and and the EU since London is a financial hub.
Those who hold this view would see the European Commission’s new plans announced on June 13 to regulate a very lucrative industry in London’s financial sector as a case in point.
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Monday, June 19, 2017
Today’s Stock Market Is Not Yet At Dot-Com Bubble Levels / Stock-Markets / Stock Market 2017
By: John_Mauldin
PATRICK WATSON : Worried about a stock market crash?
Valuations are high, yes, but not at the levels seen in the late 1990s dot-com craze.
A Leuthold Group study used the same measures to compare today’s valuations against those in the 1990s.
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Monday, June 19, 2017
7 Signs You Should Add Gold To Your Portfolio Now / Commodities / Gold and Silver 2017
By: HAA
Stephen McBride : Gold got crushed in the post-election rally, but a little over five months into 2017, the yellow metal is up 10.5%—making it one of the best-performing assets of the year so far.
While the outlook for the US economy is more positive than it was 12 months ago, if we zoom out for a moment, the big picture “ain’t so rosy.”
Gold has historically done well in times of uncertainty and panic… and with these seven worrisome signs, there could be plenty ahead.
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Monday, June 19, 2017
Bullish Palladium Supporting Commodities / Commodities / Palladium
By: ElliottWave-Forecast
The world is hooked on ‘Palladium’ because of its uses as an industrial metal and catalyst, the consumers are mainly automobile producers as it’s widely used in gasoline-based engine cars to curb harmful emissions from vehicles. Palladium surged +34% this year on expectations that supply will lag demand for a sixth straight year, beating the rest of commodities, combined with last year gains it results in an impressive 95% rally.
Monday, June 19, 2017
Gold Will Start Heading Higher On “Dwindling” Supply / Commodities / Gold and Silver 2017
By: GoldCore
James Rickards via Daily Reckoning
Gold was down after the Fed’s hike, but I expect it to start heading higher again. Too many powerful forces are driving it behind the scenes. Dwindling physical supply is a major one.
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Monday, June 19, 2017
US Bonds and Related Market Indicators / Interest-Rates / US Bonds
By: Gary_Tanashian
The June 18 edition of Notes From the Rabbit Hole has a few less stock charts this week in order to ramp up the macro talk, which appeared periodically through the report; but especially in the Precious Metals and Bonds segments. Excerpted from NFTRH 452…
Bonds & Related Indicators (and more macro discussion)
The target for TLT continues to be around 129. Treasury bonds are in bull trends (remember back a few months ago to all the bond hatred in the media). How does an eventual decline in bonds square with what we just noted above regarding Q4 2008? [work done in the preceding Precious Metals segment] Treasury bonds were a wonderfully bullish asset during Armageddon ’08 and who’s to say that an upside blow off may not be coming sooner rather than later amid massively over bullish sentiment? I mean, there is certainly no stop sign at our 129 target. Sentiment, as we are all too aware, can take a long while to manifest in pricing.
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Monday, June 19, 2017
... / Companies / Mobile Technology
By: OilPrice_Com
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Monday, June 19, 2017
Amey Playing Cat and Mouse Game with Sheffield Residents and Tree Campaigners / Local / Sheffield
By: N_Walayat
Amey's £2 billion PFI "Streets Ahead" contract with Sheffield City Council that the people of Sheffield had no say in, apparently involves the cutting down of tens of thousands of Sheffield's biggest and most beautiful trees. Whilst some of the trees do need to go i.e. because of disease, but most of the trees are apparently being cut down so as to avoid annual 'maintenance' costs. That and potential for profit given that the wood from a large trees could be worth several thousands of pounds.
Monday, June 19, 2017
US-China Trade amid America’s New Uncertainty / Politics / China US Conflict
By: Dan_Steinbock
As the White House is preparing to a political war for its survival, the Trump-Xi 100 day plan should overcome long-term pressures on US-China ties.After the two-day summit at Mar-a-Lago, the US and China announced a 100-day plan to improve strained trade ties and boost cooperation between two nations. Soon thereafter, the US Department of Justice appointed Robert Mueller, the former director of the FBI (2001-13) as special counsel overseeing the investigation into the alleged Russian interference in the 2016 elections.
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Monday, June 19, 2017
Trump White House Under Siege / Politics / US Politics
By: Dan_Steinbock
Washington is planning to extend sanctions against Russia, once again. Meanwhile, the Trump administration is getting ready to cope with a special counsel’s investigation which seems to focus as much on Trump as Russia.
Last Wednesday, Secretary of State Rex Tillerson warned that Congress should not pass any legislation that would undercut "constructive dialogue" with Russia. Yet, the Senate voted 97-2 to advance a bipartisan agreement to launch new financial penalties on Russia and to let the Congress intervene before President Trump can lift sanctions. Afterwards, Trump tweeted that he is the subject of the “single greatest WITCH HUNT in American political history,” and one that he said is being led by “some very bad and conflicted people.”
Monday, June 19, 2017
Positive Stock Market Expectations, But Will Uptrend Continue? / Stock-Markets / Stock Market 2017
By: Paul_Rejczak
Our intraday outlook is bearish, and our short-term outlook is bearish. Our medium-term outlook remains neutral, following S&P 500 index breakout above last year's all-time high:
Intraday outlook (next 24 hours): bearish
Short-term outlook (next 1-2 weeks): bearish
Medium-term outlook (next 1-3 months): neutral
Long-term outlook (next year): neutral
Monday, June 19, 2017
Gold Proprietary Cycle Indicator Remains Down / Commodities / Gold and Silver 2017
By: The_Gold_Report
Technical analyst Jack Chan charts the latest moves in the gold and silver markets, noting signs that gold stocks are near the end of their corrective consolidation.
Our proprietary cycle indicator is down.
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Monday, June 19, 2017
USDJPY Broke Above Trend Line Resistance / Currencies / Forex Trading
By: Franco_Shao
The USDJPY pair failed to break below the April 17 low of 108.13 and recently moved above the bearish trend line from 111.71 to 110.81 at 110.15 on its 4-hour chart, suggesting that the bearish movement from the May 11 high of 114.36 had completed at 108.81 already. As discussed before, as long as 108.13 support holds, the fall from 114.36 would possibly be correction of the uptrend from 108.13, and another rise to retest the resistance of the March 10 high of 115.50 is still possible after the correction.
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