Thursday, June 01, 2017

Brace Yourself for The Debt Great Reset / Interest-Rates / Global Debt Crisis 2017

By: John_Mauldin

We are coming to a period I call “the Great Reset.”

As it hits, we will have to deal with the largest twin bubbles in the history of the world. One of those bubbles is global debt, especially government debt. The other is the even larger bubble of government promises.

These promises add up to hundreds of trillions of dollars. That’s vastly larger than global GDP.

These are real problems we must face. It will mean forging a new social contract. It will also require changes to taxes and the economy. I believe that within the next 5–10 years, we have to end the debt and government promises.

Thursday, June 01, 2017

The Next Recession May Be A Complete Reset Of All Asset Valuations / Economics / Recession 2017

By: John_Mauldin

Sometime this year, world public and private plus unfunded pensions will surpass $300 trillion. That is not even counting the $100 trillion in US government unfunded liabilities. Oops.

These obligations cannot be paid. A time is coming when the market and voters will realize this.

Will voters decide to tax “the rich” more? Will they increase their VAT rates and further slow growth? Will they reduce benefits? No matter what they decide, hard choices will bring political turmoil.

Thursday, June 01, 2017

Stocks Fluctuate Along Record High - Which Direction Is Next? / Stock-Markets / Stock Market 2017

By: Paul_Rejczak

Our intraday outlook remains neutral, and our short-term outlook is neutral. Our medium-term outlook remains neutral, following S&P 500 index breakout above last year's all-time high:

Intraday outlook (next 24 hours): neutral
Short-term outlook (next 1-2 weeks): neutral
Medium-term outlook (next 1-3 months): neutral
Long-term outlook (next year): neutral

Thursday, June 01, 2017

How Low Could Crude Oil Price Go? / Commodities / Crude Oil

By: Nadia_Simmons

Although crude oil climbed above the level of $50 yesterday, this improvement was very temporary and the black gold closed the day below this barrier. In this way light crude invalidated the earlier breakout, which will likely trigger further declines. How low could the commodity go in the coming days?

Thursday, June 01, 2017

Bitcoin is in Consolidation of Uptrend / Currencies / Bitcoin

By: Franco_Shao

After hitting a new record of 2737, BTCUSD dropped sharply to as low as 1737. However, the fall would possibly be consolidation of the uptrend from 905. There is an ascending trend line from the March 25 low of 905 with support at around 1600 on its daily chart. As long as the pair is above the trend line, the price action from 2737 could be treated as consolidation of the uptrend and another rise could be expected after the consolidation.

Thursday, June 01, 2017

Kenadyr's Kyrgyz Region Gold Drilling Improves on Historic Results / Commodities / Gold and Silver Stocks 2017

By: WallStreetNation

Thursday, June 01, 2017

[TRADE ALERT] Write This Gold Stock Ticker Down Now / Commodities / Gold and Silver 2017

By: WallStreetNation

Thursday, June 01, 2017

YouGov Shock Polls, Could Theresa May Lose, Labour Win Election 2017? / ElectionOracle / UK General Election

By: Nadeem_Walayat

It appears YouGov has decided to corner the UK election shock polls market by virtue of starting to publicise shock polls on a near daily basis that are successfully sending the mainstream media into a feeding frenzy as the seats forecasts are resulting in perceived tightening of the election race.

Wednesday, May 31, 2017

Theresa May's Political Spectrum Impact on the UK General Election 2017 / ElectionOracle / UK General Election

By: Nadeem_Walayat

For at least the past 30 years, Leaders and parties that most closely appeal to the centre ground tend to win UK general elections. Which is why Labour repeatedly lost election after election during the 1980's and most of the 1990's because whilst Margaret Thatcher was to the right of the political spectrum, Labour was far further to the left and it would take a long hard battle fought by first Neil Kinnock and then John Smith who paved the way for Tony Blair to firmly occupy the centre ground for the next 13 years, even delivering Tony Blair several landslide election victories that Theresa May hopes to replicate.

Wednesday, May 31, 2017

Walkers Pay Packet Spending £100 on 440 Crisps to Win £28k / Personal_Finance / Freebies and Comps

By: Anika_Walayat

Walkers win a pay packet £5 to £28,000 promotion has many crisp addicts stocking up on mountains of crisp packets in the hopes of winning. So as the second month of the promotion draws to the close what can shoppers expect to have won after spending £100 on about 440 packets of crisps in 73 multi packs.

Find out in our latest video if whether ordinary shoppers have any real chance of winning even £5 let alone one of the the golden £28k prizes, as an example of what to expect after spending £100.

Wednesday, May 31, 2017

Promising Start to Stock Market Decline... / Stock-Markets / Stock Market 2017

By: Anthony_Cherniawski

This morning’s decline appears to be a promising start, but we would need a decline beneath the Wave [iv] low at 2397.99 to have any confidence that the decline is for real. Otherwise it may be subject to whipsaw and a possible new high.

Wednesday, May 31, 2017

Beginners Guide to CFD Trading / InvestorEducation / Learn to Trade

By: Submissions

Wednesday, May 31, 2017

YouGov Shock Hung Parliament Poll, Labour Could Win General Election 2017! / ElectionOracle / UK General Election

By: Nadeem_Walayat

The media has gone into a frenzy over YouGov's latest poll and resulting seats forecast that creates an illusion of a tight election race when in probable reality no such tight race exists. So the mainstream media has been busy all day reporting on YouGov's headline grabbing shock poll of the Tories losing 20 seats on their current standing by falling to 310, whilst Labour adding about 30 rising to 257 seats resulting in a Hung Parliament. Implying a nightmare election scenario of a weak Labour government controlled by the SNP that like vampires would seek to bleed the United Kingdom dry of its financial blood which has already had an immediate effect on the markets by sending sterling temporarily lower with the real world impact as holiday markers now get less foreign currency for their sterling.

Wednesday, May 31, 2017

Will there be Another New Stock Market High? / Stock-Markets / Stock Market 2017

By: Anthony_Cherniawski

Good Morning!

This morning’s SPX futures are higher, suggesting at least a challenge of the 2418.71 high if not a new high. The decline from Thursday’s high does not appear impulsive, so the chances are better than even for another attempted high. Right now the best estimate for a new high would be the Cycle Top at 2421.48…just in time for the quarter-end.

ZeroHedge reports, “t has been another quiet session for global equity markets, with S&P futures flat, as are European and Asian stocks, which is perhaps odd, as there was quite a bit of newsflow and, in the case of China, outright fireworks.

Wednesday, May 31, 2017

Silver Elliottwave Followup: Looking for 16.90 / Commodities / Gold and Silver 2017

By: Submissions

Hoag Trading : Talking Point:

Technical Strategy: Turning Bearish
Elliottwave View: Progressing reversal.

Wednesday, May 31, 2017

USDCNH Remains in Downtrend from 6.9171 / Currencies / Forex Trading

By: Franco_Shao

After breaking below the triangle pattern on its daily chart, USDCNH dropped sharply to as low as 6.8010. Now the pair stays in a descending price channel on its 4-hour chart, indicating that the pair remains in the downtrend from the May 9 high of 6.9171. As long as the pair is in the channel, the price action from 6.8010 could be treated as consolidation of the downtrend.

Wednesday, May 31, 2017

The New Stocks Bull Market of 2017! / Stock-Markets / Stocks Bull Market

By: Chris_Vermeulen

I cannot stress strongly enough the importance of understanding where the markets are currently technically located, with regards to different time frames and which help to guide all my trading and investing decisions.

The longer that the SPX is inside a ‘consolidation pattern’ and going sideways, the bigger the ‘Break Out’. There is a very strong bullish posture on all time frames within the markets. A unique ‘Sentiment Indicator’ has now been reset from being overbought to oversold, therefore, there is huge potential to the upside. Momentum has been reset!  In my market article review, from last February 28^th, 2017, I discussed that the “Stealth ‘Bull Market’ In Stocks Is Still In Progress!”.

Wednesday, May 31, 2017

Tory Election Landslide, Labour Decapitation Bloodbath / ElectionOracle / UK General Election

By: Nadeem_Walayat

If the opinion pollsters are to be believed and the Labours worst nightmare comes true with Theresa May winning the election on an vastly increased majority, on a total of over 400 seats. A bloodbath for Labour losing as many as 60 seats, falling from 229 to under 170 resulting in the decapitation of the Labour party, losing many of Labours front benchers and rising stars, leaving behind mostly old dinosaurs who have long passed their electoral hay day.

Wednesday, May 31, 2017

China’s Belt and Road to Nowhere / Politics / China

By: Michael_Pento

Moody’s Investors Service downgraded China’s credit rating recently to A1 from Aa3. The rational being that it expects the financial strength of the economy to erode, as GDP growth slows and debt levels continue to pile up. What is Beijing’s response to the slowing economy and intractable debt accumulation that was just underscored by Moody’s: issue a mountain of new debt in order to pave over 60 countries around the globe?

Wednesday, May 31, 2017

Gold Price Seasonal Low / Commodities / Gold and Silver 2017

By: Ed_Carlson

Gold rallied $14.90/oz. last week closing at 1,267.60. On Friday, gold printed a gravestone doji candlestick (bearish). Seasonality is bearish in June. The June/July period has a strong tendency to mark a low. In addition, a 40-wk cycle low is due in July. Despite a whipsaw in Nov-Jan, the 34mo moving average is a good indicator of trend. Currently, gold is above the moving average keeping the long-term trend bullish.