Monday, March 27, 2017
Gold, Silver Rise 2.5% and 3.2% As ‘Trump Trade’ Fades / Commodities / Gold and Silver 2017
By: GoldCore
Gold and silver jumped another 1% overnight in Asia, building on the respective 1.5% and 2.2% gains seen last week. The ‘Trump trade’ is fading, impacting stock markets and risk off has returned to global markets with the Nikkei, S&P 500 futures and European stocks weakening.
The precious metals had their second consecutive week of gains last week. Gold rose 1.5% and silver 2% while platinum rose 0.5% and palladium surged 4.8%. Today, gold has risen from $1,247.90 to a one month high of $1,259 per ounce and silver from $17.74 to $17.92 per ounce.
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Monday, March 27, 2017
Is Political Betting on the Rise? / Personal_Finance / Gambling
By: Submissions
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Monday, March 27, 2017
US Stock Market Consolidation Time / Stock-Markets / Stock Market 2017
By: Rambus_Chartology
In the Wednesday Report the title read, What Type of Investor are You? My main focus was to show some intermediate to long term buy and sell signals based on the 21 month simple moving average and the MACD-Histogram. Tonight I would to take it one step further and look at the Chartology for some of the big stock market indexes which shows the intermediate to longer term perspective. There is one dominate chart pattern that has built out a consolidation pattern for the 2015 to 2016 correction.
Lets start by looking at a 4 year weekly chart for the $SPX which shows the dominate H&S consolidation pattern that was needed to consolidate the last rally phase. It could have been any number of different consolidation patterns, but this time it was the H&S consolidation pattern. Back in December of last year the SPX broke out above its neckline and has rallied strongly without much of a correction. Four weeks ago the SPX hit a high of 2401 and has been going nowhere which is suggesting the first real correction may be at hand since the rally out of the November elections low.
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Monday, March 27, 2017
Russia Crisis - Maps That Signal Growing Instability and Unrest / Politics / Russia
By: John_Mauldin
About one year from now, on March 18, 2018, Russia will hold a presidential election. This will take place against the backdrop of an economic crisis that will continue to plague the country in the coming year.
Russia's biggest challenges will be internal, and the countryside will show more signs of crisis.
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Monday, March 27, 2017
... / Commodities / Copper
By: OilPrice_Com
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Monday, March 27, 2017
This Map Explains The Roots Of France’s Growing Nationalism / Politics / France
By: John_Mauldin
What does it mean to be French? Inherent in this question is a fundamental tension within French nationalism that is unique to France.
Originally, France consisted of diverse regions with their own languages, resources, and way of life. Take a look at the map below.
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Monday, March 27, 2017
Short Term Stock Market Bottom Close / Stock-Markets / Stock Market 2017
By: Brad_Gudgeon
Last week, I was looking for weakness not to exceed 4%. The drop was closer to 1.7%. A positive divergence is occurring on the 1 and 2 hour charts, which should lead to a bounce soon. There is fib support around 2329/30. Already, Sunday night, SPX futures are down 14 points. An attempt to rally into month's end looks likely, perhaps to near 2365 SPX and the dropping 20 day moving average.
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Monday, March 27, 2017
Foundation – Fall Of The American Galactic Empire / Politics / Social Issues
By: James_Quinn
“The fall of Empire, gentlemen, is a massive thing, however, and not easily fought. It is dictated by a rising bureaucracy, a receding initiative, a freezing of caste, a damming of curiosity—a hundred other factors. It has been going on, as I have said, for centuries, and it is too majestic and massive a movement to stop.” – Isaac Asimov, Foundation
“Any fool can tell a crisis when it arrives. The real service to the state is to detect it in embryo.” – Isaac Asimov, Foundation
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Monday, March 27, 2017
Stock Market More Correction Ahead / 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 continues,
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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Monday, March 27, 2017
US Dollar Inflection Point / Currencies / US Dollar
By: SurfCity
This is the first of several updates this weekend and I thought I would start with the USD.
This update has four Charts on the USD starting with longer term charts and then moving in for a close up view on the current price action. My first chart is a long term 20 year weekly chart that shows the USD's breakout above the downtrend line from it's last top in 2001. This chart also shows the current uptrend channel out of the 2008 Low (Green and Orange lines).
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Sunday, March 26, 2017
Gold and Silver Weekly Update / Commodities / Gold and Silver 2017
By: Metals_Report
Technical analyst Jack Chan charts the latest moves in the gold and silver markets, noting a tug-of-war between support and resistance.
Sunday, March 26, 2017
Major Supply Shortage: Critical Minerals Igniting Cobalt Bull Market Mania / Commodities / Metals & Mining
By: Metals_Report
Collapsing oil prices are only the beginning as fossil fuels are turning into a historic relic, says Kenneth Ameduri, chief editor of Crush the Street. He discusses two commodities whose demand he expects to skyrocket as the world shifts to cleaner energy.
Elon Musk is at the forefront of this movement with his innovations that are turning fossil fuels into a historic relic. Some say oil's true price per barrel with the "supply glut" that exists and the innovations in the battery space is $20 per barrel.
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Sunday, March 26, 2017
What Obamacare's Failure Means for America / Politics / Healthcare Sector
By: Clif_Droke
The first legislative setback of the Trump Administration is being celebrated by many, but not by middle class taxpayers and business owners. A Republican-led Congress last week failed to generate the consensus required to overturn key provisions of the Affordable Care Act (ACA). In a frank admission of defeat, House Speaker Paul Ryan declared that Obamacare would remain "the law of the land."
Sunday, March 26, 2017
China’s Rise in Global Robotics: Toward Consolidation / Economics / Robotics
By: Dan_Steinbock
Chinese robotics is positioned for leadership in global robotics, as the emerging industry is moving toward increasing rivalry and consolidation.In the new and emerging industry, the rise of innovative robotics startups heralds the future. In 2016, almost 130 companies were funded by venture capital, including China-based RooBo, Israeli Roboteam, and German ReActive Robotics. While the most valuable deals involved unmanned aerial systems companies (read: drones), they were followed by agricultural robotics, service robots for businesses and personal use.
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Saturday, March 25, 2017
Stocks Have Partied Hard Since Election Night… Now Comes the Hangover / Stock-Markets / Stock Market 2017
By: Graham_Summers
The market is now on very thin ice.
Yesterday worked off some of the “oversold” status for stocks, but we are in extremely dangerous territory today.
The S&P 500 has taken out critical support (red line) as well as the bull market trending running back to early November (blue line).
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Saturday, March 25, 2017
Political Week Presurres US Stock Market / Stock-Markets / Stock Market 2017
By: Tony_Caldaro
The market started the week at SPX 2378. After a pullback to SPX 2370 on Monday, the market gapped up to 2382 on Tuesday. But that was immediately sold off and the market hit SPX 2336 by Wednesday. Thursday the market rebounded to SPX 2359, then on Friday the market retested 2336 and ended the week at 2344. For the week the SPX/DOW lost 1.45%, and the NDX/NAZ lost 1.00%. Economic reports were mixed on the week. On the downtick: existing homes sales, the WLEI, plus weekly jobless claims rose. On the uptick: new home sales, durable goods orders, and the Q1 GDP estimate. Next week’s highlights: Q4 GDP, the Chicago PMI, the PCE and a speech from FED Chair Yellen. Best to your weekend and week!
Saturday, March 25, 2017
Technicals for Gold Mining Stocks Remain Weak / Commodities / Gold and Silver Stocks 2017
By: Jordan_Roy_Byrne
Last week we wrote that precious metals should see upside follow through but to be wary of the 200-day moving averages and February highs before becoming excited. The metals did follow through as Gold gained 1.5% and Silver gained 1.9% (for the week) but the miners disappointed. GDX gained only 1.1% while GDXJ finished in the red as did junior silver companies (SILJ). As spring beckons, the gold stocks are showing relative and internal weakness.
Saturday, March 25, 2017
London Terror Attack Red Herring, Real Issue is Age of Reason vs Religion / Politics / Religion
By: Nadeem_Walayat
The British mainstream media has been obsessed over the London terror attack with 24/7 coverage of what in reality was a miniscule pinprick event that the media has blown out of all proportions as though it has any significant baring on the lives of the British people or how the British state functions. Yes for those on the receiving end of the actions of this madman have had their lives devastated but for the rest the attack has virtually zero consequences beyond the anxiety inducing fear mongering relentless press coverage, where the reality is akin to one random road traffic accident, which annually claim some 2,000 lives in the UK, whilst deaths from terrorism average just 2 per year since 2010 to illustrate the point in disparity between media fear mongering vs reality.
Saturday, March 25, 2017
Will Washington Risk WW3 to Block an Emerging EU-Russia Superstate / Politics / GeoPolitics
By: Mike_Whitney
The relentless demonization of Vladimir Putin is just one part of Washington’s multi-pronged strategy to roll-back Russian power in Central Asia and extinguish Putin’s dream of a “Greater Europe”. Along with the attempt to smear the Russian president as a “KGB thug” and “dictator”, the media has also alleged that Moscow intervened in the US presidential elections and that Russia is a serial aggressor that poses a growing threat to European and US national security. The media onslaught, which has greatly intensified since the election of Donald Trump in November 2016, has been accompanied by harsh economic sanctions, asymmetrical attacks on Russia’s markets and currency, the arming and training of Russian adversaries in Ukraine and Syria, the calculated suppression of oil prices, and a heavy-handed effort to sabotage Russia’s business relations in Europe. In short, Washington is doing everything in its power to prevent Russia and Europe from merging into the world’s biggest free trade zone that will be the center of global growth and prosperity for the next century.
Saturday, March 25, 2017
Unaccountable Military Industrial Complex Is Destroying America and the Rest Of The World Too / Politics / US Military
By: Jeff_Berwick
On Jan. 17, 1961, US President Eisenhower gave the nation a dire warning about what he described as a threat to democratic government. He called it the military-industrial complex.
He warned, "In the councils of government, we must guard against the acquisition of unwarranted influence, whether sought or unsought, by the military-industrial complex. The potential for the disastrous rise of misplaced power exists, and will persist."
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