Thursday, March 09, 2017
Wall Street Stock Market Syndicate Still at Work / Companies / IPOs
Maybe they benefited from divine intervention… or maybe they were just lucky. Either way, the students and staff of St. Francis High School in Mountain View, California must be pretty happy right now.In 2012 the school took a chance, investing $15,000 in a small, little-known app maker called Snapchat. Last week the school sold two-thirds of its shares for $24 million when the stock went public. I’m sure they’re still giving thanks.
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Thursday, March 09, 2017
Is the increase in competition good or bad for online casino brands share prices? / Companies / Gambling
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Thursday, March 09, 2017
Stocks Extended Their Downtrend, But Will They Continue Lower? / Stock-Markets / Stock Market 2017
Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,410, and profit target at 2,200, S&P 500 index).
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
Thursday, March 09, 2017
Forex Trading Alert: USD/CAD at Fresh Highs / Currencies / Forex Trading
Forex Trading Alert originally published on March 8, 2016, 9:32 AM
Earlier today, the U.S. dollar extended gains against its Canadian counterpart as declining crude oil prices pushed the Canadian currency lower. As a result, USD/CAD reached the next resistance zone. Will it stop currency bulls in the coming days?
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Wednesday, March 08, 2017
EURUSD: When Price Pattern Trumps Other "Reasons" / Currencies / Euro
Waves of market psychology often warn of trend changes before the news -- see how
This was an eventful week in politics, monetary policy and the markets -- and to many observers, the three seemed to be linked.
On Wednesday (March 1), the U.S. dollar did something it hadn't done in almost two months: It got stronger. Two reasons were behind the move, said analysts: The Fed's imminent rate hike, and, President Trump's widely-covered address to Congress:
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Wednesday, March 08, 2017
Inflation the Opium of the Masses, What The Hell Is Going On? (2) / Economics / Inflation
In Part One of this article I exposed the establishment narrative of a strong economy as rubbish by providing hard data regarding imploding gasoline usage, failing bricks and mortar retailers and plunging restaurant sales.
“Inflation may indeed bring benefits for a short time to favored groups, but only at the expense of others. And in the long run it brings ruinous consequences to the whole community. Even a relatively mild inflation distorts the structure of production. It leads to the overexpansion of some industries at the expense of others. This involves a misapplication and waste of capital. When the inflation collapses, or is brought to a halt, the misdirected capital investment—whether in the form of machines, factories or office buildings—cannot yield an adequate return and loses the greater part of its value.Nor is it possible to bring inflation to a smooth and gentle stop, and so avert a subsequent depression.” – Henry Hazlitt – Economics in One Lesson
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Wednesday, March 08, 2017
How to Drain the Deep State Swamp / Politics / Intelligence Agencies
Obviously, like hopefully many people, I’ve been following the WikiLeaks CIA revelations, and closely. It’s too early for too many conclusions, if only because WikiLeaks has announced much more will flow from that same pipeline. But one thing is already clear: the CIA is -still- a club that sees enemies behind every tree, and behind every TV set too. Which is not as obvious a world view as it may seem; it’s just something we’ve become used to.
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Wednesday, March 08, 2017
A Whole New World of Gold Demand Is Opening Up... Muslims / Commodities / Gold and Silver 2017
Most analysis of gold and silver markets tends to be U.S.-centric. However, the next secular trend in precious metals markets may have less to do with U.S. debt, U.S. politics, the U.S. central bank, and the U.S. dollar and more to do with a gigantic new source of demand.
It’s not the 1970s anymore. Back then, big moves in the metals markets were centered on United States. The great gold and silver mania of the late 1970s was driven by inflation fears and a rush of speculative demand. Although coin dealers struggled to keep up, there was no actual global shortage of physical metal, and spot prices crashed after manic buying peaked in January 1980.
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Wednesday, March 08, 2017
Bounce in SPX, TNX and USD / Stock-Markets / Financial Markets 2017
The SPX futures are mixed this morning. There is a better than even probability that SPX may rally to the potential targets (2380.00 to 2384.00) outlined yesterday afternoon. The reason why is that the Cycle has completed only 29 hours thus far. It must complete 30.1 hours. That gives us a potential rally until 10:00 am. Otherwise yesterday’s afternoon action counts as a horizontal correction. These formations are rare and must be taken with a grain of salt. However, the ensuing decline may provide us with more opportunities to see this phenomenon.
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Wednesday, March 08, 2017
Gold Investing 101 – Beware Unallocated Gold Accounts With Indebted Institutions (Part II) / Commodities / Gold and Silver 2017
Gold Investing 101 – Beware Unallocated Gold Accounts With Indebted Bullion Banks and Mints (Part II)
- Investors looking to gold again but gold buyers need to exert caution
- Royal Mint – a royally expensive way to help the government
- Unallocated gold – unsecured creditor of a bank?
- If you cannot hold it, you do not own it
- Own gold bullion coins as insurance, to reduce counter party risk and to preserve wealth
- Conclusion – Reduce counter parties, Don’t over complicate
Wednesday, March 08, 2017
Charting the Maddening Stock Market Messages / Stock-Markets / Stock Market 2017
Why are we getting such diverging and maddening market messages from the equity and bond markets? Which one is right? Are either right?
Market Perceptions
Let's consider the perceptions of each of these markets:
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Wednesday, March 08, 2017
Elliott Wave Analysis of Berkshire Hathaway (BRK.B) / Companies / Company Chart Analysis
I have been monitoring this stock for while for an edge to the INDU/SPX. Back in Jan 2017 I was expecting at least a new high for wave [v] to end wave 3.
Before
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Wednesday, March 08, 2017
Trump's Monetary Intervention, A Repeat of the Plaza Accord / Currencies / US Dollar
Forecast
- A strong dollar will undermine U.S. President Donald Trump's plans to reduce the United States' trade deficit.
- If the dollar's value continues to rise, Trump may consider unilateral or, failing that, multilateral currency interventions to bring it back down.
- Negotiating a new coordinated monetary intervention in the spirit of the 1985 Plaza Accord will be onerous, however.
Wednesday, March 08, 2017
Is A Second OPEC Oil Cut On The Cards? / Commodities / Crude Oil
OPEC’s coordinated effort to curtail global supply has so far managed to put a floor under oil prices, which have been sitting modestly above US$50 since the deal was announced at the end of November last year. But resurging U.S. shale has been capping the upside, and Brent has not breached US$58 per barrel. Analysts and experts are now mostly predicting that oil prices will remain below US$60 this year.
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Wednesday, March 08, 2017
The US Is Going Through a Profound Demographic Shift That Will Affect Everyone / Politics / Demographics
BY PATRICK COX : The US fertility rate fell again last year, marking the lowest rate of reproduction since the CDC started keeping records in 1909. This prompted the amusing Bloomberg headline, “Make America Mate Again.”
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Wednesday, March 08, 2017
Capital Controls May Be Coming to the US / Currencies / Fiat Currency
Those who hoped President Trump would tone down his protectionist rhetoric will be unnerved six weeks into his tenure. From his meeting with business CEOs, Trump has put trade “front and center.”
So far, all is going well for the president. Markets are inching higher, and inflationary forces have picked up. However, bringing back jobs and reducing the trade deficit will be a tougher task.
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Wednesday, March 08, 2017
Stock Market Very Mixed, Volatile Day / Stock-Markets / Stock Market 2017
The stock market indices had a sloppy down day today. The day started out with a move down, and then a strong rally on the Nasdaq 100 took the S&P 500 up as well when Apple Inc. (AAPL) rallied, but they failed at triple-quadruple top near 5374 on the Nasdaq 100 as the S&P 500 got nowhere near their recent high, and as a result of that negative divergences backed off. They retested the lows, bounced around, formed wedges, and then in the afternoon, they broke those wedges to the downside, and made slightly lower lows before a late rally brought them back.
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Wednesday, March 08, 2017
Accelerating Economic Reform Execution in China / Economics / China Economy
After political consolidation, China is ready to begin a broader implementation of structural reforms. That is vital to double per capita income in 2010-20.After President Xi assumed office in fall 2012, Chinese leadership has steadily moved toward more comprehensive structural reforms. As evidenced by the recent Two Sessions in Beijing, these reforms are about to move to a new level.
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Wednesday, March 08, 2017
Peak Freedom - Orwellian CIA Leaking Sieve Vault-7 Hacking Tools Exposed by Wikileaks / Politics / Intelligence Agencies
President Trump recently stated that he loves Wikileaks, predominantly in response to its leaking of Hillary Clinton's emails. And in that spirit Wikileaks latest leak of near 9000 CIA documents once more reminds all the extent to which the NSA and CIA wish to eavesdrop into the lives of potentially every person on the planet, friend or foe does not matter for the CIA seeks to surveil everyone and everything through hacking of a myriad of internet connected devices from Android and Apple smartphone's to Samsung smart TV's, to the more traditional PC's infected with malware and web cam hacking routes. ALL used to surveil, record, catalog and process near infinite amounts of data across a network of huge data centres that have sprung up across remote areas of the United States during the past 15 years that tap into an estimated 98.6% of the worlds internet traffic generated by web connected devices.
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Tuesday, March 07, 2017
The Fake News Blitz by the Deep State Establishment Elite / Politics / Mainstream Media
“The older I grow, the more I distrust the familiar doctrine that age brings wisdom.” – H.L. Mencken
“The older I get the less I listen to what people say and the more I look at what they do.”– Andrew Carnegie
I’m 53 years old. The older I get the less sure I am about things I was sure about when I was 25 years old. I believed stocks for the long run was an unquestioned truth. I believed our economy was based on free market capitalism. I believed stock prices were based upon profits and cash flows. I believed a home was a place to live – not an investment. I believed the Catholic Church was run by good men doing good things. I believed journalists and the media were watchdogs working on behalf of the public. I believed our military was protecting our interests. I believed politicians legislated on behalf of the people. I believed the main purpose of bankers was to loan money to businesses and consumers in order to support economic growth. Boy, was I dumbass.
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