Tuesday, May 16, 2017

Walkers Crisps Pay Packet Cheats, Shoplifters and Staff Conning Customers / ConsumerWatch / Freebies and Comps

By: Anika_Walayat

Unfortunately the Walkers Crisps Instant Cash Win Pay Packet £2 million promotion is bringing out the worst in people who would normally be law abiding. It looks like the temptation to cheat, steal and con ordinary shoppers is proving too great. From shoplifters ripping open multi-packs in stores to super market staff rather than working spending their time feeling packets for the fiver sachets, which amounts to conning customers into buying packs of crisps that have already been processed of winning fivers by members of staff!

Monday, May 15, 2017

SPX is higher, but the VIX is not beaten / Stock-Markets / Stock Market 2017

By: Anthony_Cherniawski

A new high has been made. My best analysis suggests that it is a Wave [c] that is not yet finished. Wave Equality calculations at the minute [] level suggest it may end at 2415.05. At the Minor level, Wave equality may reach as high as 2437.41. The 2-hour Cycle Top is currently at 2412.07, suggesting the lower level may suffice.

Monday, May 15, 2017

Crude Oil Price Correction / Commodities / Crude Oil

By: Ed_Carlson

    Crude gained $1.62/bbl. last week and closed at 47.84 but still below the 200-dma. BWI (bandwidth indicator) fell in non-confirmation of the rally.

Support is at 45.25. I suspect we will see a run to the 200-dma at 49.00 prior to new lows in crude however, the detrended oscillator is overbought warning of a pullback early this week.

Monday, May 15, 2017

Bernanke’s Confetti Courage / Interest-Rates / US Federal Reserve Bank

By: Michael_Pento

Former Fed Chairman Ben Bernanke’s book titled “The Courage to Act” is now available in paperback. This isn’t a surprise because, after all, his proclivity to print paper encompasses the totality of what his courage to act was all about. The errors in logic made in his book are too numerous to tackle in this commentary; so I’ll just debunk a few of the worst.

Monday, May 15, 2017

Cyber Attacks Show Vulnerability of Digital Systems and Digital Currencies / Currencies / BlockChain

By: GoldCore

– Cyberattacks expected to spread today in “second phase”
– UK intelligence says scale of threat significant
– Microsoft slams NSA for letting hacking tools cause global malware epidemic
– Ransomware attack already crippled more than 200,000 computers in 150 countries

Monday, May 15, 2017

Wealth Protection: Two Cautionary Tales from France and the American South / Commodities / Gold and Silver 2017

By: HAA

On May 7, Marine Le Pen's defeat in France's presidential election secured an integrated EU and had many investors breathing a sigh of relief.

Had the election gone her way, French workers could have seen the devaluation of their euro-denominated pensions if Le Pen had made good on plans to quit the currency in favor of returning to the franc.

Monday, May 15, 2017

Gold and Sillver Markets - Silver Price Sharp Selloff / Commodities / Gold and Silver 2017

By: The_Gold_Report

Technical analyst Jack Chan charts the latest moves in the precious metal markets, noting the impacts of a sharp selloff in silver.

Monday, May 15, 2017

GBP/CHF: Short-term Weakness Should be Followed by Resumption of Bull Trend / Currencies / British Pound

By: MarketsToday

The larger pattern in the GBP/CHF remains bullish given the following:

• Decisive breakout of Head and Shoulders Bottom and also breakout above the 200-day exponential moving average (ema) occurred four weeks ago. (Note: Pattern is not perfect with right shoulder noticeably lower than left. But valid nonetheless given reaction of price following breakout above neckline and 200-day ema.)

Monday, May 15, 2017

Gold Stocks Poised to Soar Sharply Higher! / Commodities / Gold and Silver Stocks 2017

By: WallStreetNation

Monday, May 15, 2017

This One Undiscovered Pot Stock Could Help Investors Cash In On The “Green Gold Rush” / Companies / Cannabis

By: WallStreetNation

Monday, May 15, 2017

WIll Trump Tax Cuts Debt Binge Save Stock Market From Double Top Bear Plunge? / Stock-Markets / Stock Market 2017

By: Nadeem_Walayat

So is the Stock Market forming a Double Top? It was not so long ago that I would only see stocks in terms to reverting back towards their highs, after all literally since the birth of the stocks bull market I have been iterating the mantra of "The greater the deviation from the stock market high then the greater the buying opportunity presented" Whilst now it's more a kin to the greater the rally from the last significant low then the greater the probability of sudden reversal. So why am I BEARISH during 2017, when I had been BULLISH for nearly 8 YEARS!

Monday, May 15, 2017

Trump Rally or Geopolitical Meltdown: Currency Management for Dollar Risk / Currencies / US Dollar

By: Submissions

The dollar index, which measures the strength of the U.S. currency against a basket of other major currencies, hit a 14-year high on January 3^rd of this year. The USD’s reinvigorated bull run after Donald Trump was elected as Barrack Obama’s successor as President of the U.S.A, on expectations for major infrastructure spending and tax cuts during his mandate, has featured prominently in the news. However, the U.S. dollar has more quietly been on an extended rally for a few years now and despite its worst January in 30 years since that early post-New Year peak, many analysts expect that to continue over 2017.

Monday, May 15, 2017

The Chart No Stocks Bull Wants to See / Stock-Markets / Stock Market 2017

By: Graham_Summers

If you are a stock bull, congratulations, you’ve unwittingly bought the market based on abject currency manipulation and nothing else.

Stocks have been propped up via abject manipulation of the $USD/ Yen pair and nothing else.  The two are been moving lockstop via one of the greatest market rigs in a history: a 10-day period in which stocks refused to move even 0.2%.

Monday, May 15, 2017

The Fed’s Massive Debt Bubble in Picture Form / Interest-Rates / US Debt

By: Graham_Summers

As we’ve been outlining over the last few weeks, the auto-loan industry is increasingly looking like Subprime 2.0: the needle that will pop the credit bubble.

Since 2009, roughly 1/3 of all new auto-loans have been subprime. That in of itself is bad, but we are now discovering that the industry in general has a problem with fraud (shades of the Housing Bubble) as well.

Monday, May 15, 2017

The Russian Hacking Fiasco / Politics / US Presidential Election 2016

By: Mike_Whitney

There’s no proof that Russia hacked the US elections.

There’s no proof that Russian officials or Russian agents colluded with members of the Trump campaign.

There’s no proof that Russia provided material support of any kind for the Trump campaign or that Russian agents hacked Hillary Clinton’s emails or that Russian officials provided Wikileaks with emails that were intended to sabotage Hillary’s chances to win the election.

Monday, May 15, 2017

Euro Tailwinds Negative for the US Dollar, Positive for Precious Metals / Currencies / Euro

By: Donald_W_Dony

The election of Emmanuel Macron as the next president of France has only added to the on-going strength of France's CAC 40 Index and, by extension, the Euro.

The election of Macron and the defeat of the protectionist Marine sends a positive message to the common currency.

Monday, May 15, 2017

A Shallow Stock Market Correction? / Stock-Markets / Stock Market 2017

By: Andre_Gratian

Current Position of the Market

SPX Long-term trend:  Uptrend continues.

SPX Intermediate trend:  The correction from 2400 on 3/08 continues, possibly as the top of the B-wave.

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.

Sunday, May 14, 2017

Trump Administration Shakeup Coming? / Politics / US Politics

By: Stephen_Lendman

The world’s most powerful position can be its most lonely, frustrating, unrewarding and dangerous when US dark forces oppose the chief executive’s agenda, key parts thereof - or if the incumbent is perceived to be too independent.

The “mess” Trump said he inherited is America’s debauched system, its ruthlessness, its war on humanity at home and abroad, its deep state power, presidents either serving its interests or else.

Sunday, May 14, 2017

Revving Up War on Trump, Risks of Coup d’etat / Politics / US Politics

By: Stephen_Lendman

Instead of criticizing him for the right reasons, media scoundrels bash him for the wrong ones.

Dark forces in Washington want him weakened, delegitimized, ousted, and replaced by neocon Pence, an easily controlled establishment figure, their sinister agenda in good hands with him as president.

Sunday, May 14, 2017

Bitcycles - Does BitCoin Have Cycles? / Currencies / Bitcoin

By: SurfCity

Not sure if anyone has been following Bitcoin lately but it tracking the Price and Volume action over the last 6 months has been fascinating.

Here are some charts (one and two year charts of GBTC, (the BitCoin Trust) along with some other links. Sure looks like the recent Parabola cracked late last week so based on the chart, we may see a buying opportunity once RSI drops to the 40s or 30s…