Monday, February 06, 2017
Gold Price Trend Forecast, Where are the Gold Traders? / Commodities / Gold and Silver 2017
This is the 3rd piece on gold that highlights how unloved gold remains today. Considering the 2016 rally in gold and the turbulent times we now find ourselves in, to be honest I'm rather surprised there are not significantly more gold traders all over this market. Part 1 and Part 2 cover the initial stages of this rally from the December lows. Below is an excerpt from the Financial Tap Member weekly weekend report.
I am rather surprised to read across the blogosphere how a majority of Gold Traders appear to discount and undermine the current gold market. I can appreciate that the longer term cyclical outlook remains unresolved, but in the short-term at least, I believe the gold sector looks to be in great shape.
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Monday, February 06, 2017
SP500 Index Got Closer To Record High - Will The Uptrend Continue? / Stock-Markets / Stock Market 2017
Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,330, and profit target at 2,150, S&P 500 index).
Our intraday outlook remains 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:
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Monday, February 06, 2017
US Dollar and Gold Markets Update / Commodities / Gold and Silver 2017
As longer Cycles typically dominate shorter ones, this update will provide both longer and shorter views on the USD and Gold. Why the two together? Obviously due to the negative correlation. No correlation works all the time, however, and I fully expect to see periods where the USD and Gold rise and perhaps fall together. That said, the correlation has been fairly strong over the past year so I find it best to sometimes cover these assets together.
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Monday, February 06, 2017
CRB Commodities Index Deep Dive / Commodities / CRB Index
If you are going to trade the commodity sector, you had best follow the USD, which is why I do. If I am correct that the USD’s longer 15 Year Super Cycle is toping in 2017, then the CRB will be a fun sector where we will focus.
With respect to Weinstein’s 4 Stage Model, here is a great site that is the best I have found that covers his model quite well.
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Monday, February 06, 2017
Betting on President Trump Leaving Office Early, Presidency End Date - Betfair Market / Politics / Gambling
The Trump Reset Tsunami waves continue to wash that which has been built up over the past 40 years away in a manifestation of extreme delirium which I covered both in the run up to the US presidential election of why Trump would WIN, and in my post Trump analysis of why the Trump Reset looks set to culminate in a war with China.
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Monday, February 06, 2017
Inflation – What It Is, What It Isn’t, And Who’s Responsible For It / Economics / Inflation
Inflation is the debasement of money by the government. PERIOD.
It is NOT a general increase in the level of prices for goods and services.
The above statements are critical to an understanding and correct interpretation of events which are happening today – or expected to happen – that are casually attributable to inflation. So, let’s go one step further.
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Monday, February 06, 2017
How Investors Can Profit From Trumps Military Ambitions / Commodities / Metals & Mining
Tesla just activated its battery gigafactory, and China is moving to hoard the world’s cobalt supplies at the same time that Trump promises a military build-up that can only happen with the precious metal. This all means supply panic for everything from the electric car break-out to the military industrial complex.
Right in the middle of this we have small-cap North American explorers—our new potential barons-in-the-making—in whose hands our energy revolution now lies.
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Monday, February 06, 2017
Prognosis Of Financial Markets For 2017 And Beyond / Stock-Markets / Financial Markets 2017
The right time to consider our future financial markets for investing
Since the presidential election there have been many reports as how the financial markets of 2017 and beyond may evolve. Given the acrimonious post election environment, it would be wiser to forecast the direction of markets after we see Mr. Trump’s full team in action for at least a few months, and more fully understand or experience his actual policies. However, it is clear that at no time in history will a president’s fiscal, trade, national security, or FED’s monetary policies affect our financial markets more, which will determine the future wellness of America’s citizens. At the same time, however, no policies can fully extricate us from our overbearing debt, and the painful economic consequences which we are to experience in the very near future.
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Monday, February 06, 2017
Absolution, Deceit and Renewables / Politics / Renewable Energy
It’s been a while since the Automatic Earth featured an article from Energy Matters, the site run by our longtime friend Euan Mearns, Honorary Research Fellow at The University of Aberdeen, and his co-conspirator Roger Andrews, a British engineer/geophysicist, semi-retired in Mexico. But I read a piece by Roger yesterday that I like, because it allows me to rant against all the false claims emanating from countries and companies about the share of renewable power in their total energy consumption.
Roger focuses on the railway system in the Netherlands, run by NS, which recently claimed that it operates on 100% wind power. This is of course, if you know anything about electricity generation and the grid, a preposterous claim, and that the company has the guts to make such a claim can only serve to prove how little the general public knows about the topic. Or they wouldn’t dare. Green is still so sexy in certain circles, and actual knowledge so poor, that companies like the NS feel no scruples about stretching their ‘greenness’ into absurd theater territory.
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Sunday, February 05, 2017
Retail Prices at wholesale Prices – Next Hot Stocks Sector / Stock-Markets / Sector Analysis
As we close out the first week of February, I’m writing to illustrate the types of great opportunities waiting for all of us. All the trades we share are based on our Momentum Reversal Method (MRM) trading system.
There are two key components of this trading strategy; A. identifying recent price rotation, or B. identifying price resumption of existing momentum. Both examples, today, will focus on two unique examples of the Momentum Reversal Method and two unique setups. Today’s examples are XRT and AIQ, setups that we believe will result in tremendous opportunities for traders over the next 2-3 weeks.
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Sunday, February 05, 2017
Stock Market Testing the High / Stock-Markets / Stock Market 2017
Current Position of the Market
SPX Long-term trend: If the market strength persists, the long-term trend may need to be re-evaluated.
SPX Intermediate trend: SPX intermediate P&F count to 2300 has been reached. A reversal should now occur.
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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Sunday, February 05, 2017
Why Trump’s Economic Justice Warriors Will Crash The US Dollar / Currencies / US Dollar
For the last eight years we’ve seen the rise of the Social Justice Warriors (SJW’s), as they had lobbied their man, Obama, for the political power required to direct the force of government in the name of their own peculiarly relativist brand of “social justice.”
While they are still busy demonstrating the violent soul of what is inherent in all brands of statism by breaking storefront windows (masked), under the Trump epoch a new type of statist “warrior” has emerged… let’s call them the Economic Justice Warriors (EJW’s).
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Sunday, February 05, 2017
S&P 500 Pivots Off Support Into New Stock Market Upleg / Stock-Markets / Stock Market 2017
In our Wrap last Friday, we noted to expect the S&P 500 to pullback further to support before continuing its next up-leg. The index bounced slightly below our expected target in the 2270 range, and ended the week again challenging 2300.
A big catalyst was Friday's positive reaction to the Jobs Report and to the prospect of repeal of financial regulations, which thrust the S&P 500 into a new upleg.
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Sunday, February 05, 2017
Stock Trade-of-the-Week: Pure Industrial Real Estate Trust (AAR/UN) / Companies / Investing 2017
Company Profile: Pure Industrial Real Estate Trust is an independent equity real estate investment trust. The firm acquires, owns, and operates a diversified portfolio of income producing industrial properties in primary industrial markets. It invests in the real estate markets of Canada. Pure Industrial Real Estate Trust was founded in June 2007 and is headquartered in Vancouver, Canada.
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Sunday, February 05, 2017
Walkers Crisps Snap & Share Top Tips for Winning Prizes, PS4, Match Tickets / Personal_Finance / Freebies and Comps
Walkers Crisps have just started a new promotion in conjunction with UEFA Champions League where you can win prizes including 40 pairs of match tickets, 500 play stations and 7000 footballs. Here are our top tips for how you can maximise prizes whilst minimising costs i.e. it is not necessary to buy loads of crisp packets for codes to win prizes! Find out in our top tips video.
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Sunday, February 05, 2017
US Dollar Bulls Surrender? / Currencies / US Dollar
The US dollar has now closed lower for 6 weeks in a row which is testing the patience of the bulls. This week the price action cracked the top rail of the horizontal trading range which is a negative, but not confirmation yet the trend has reversed down. There are several more layers of support that will need to be hit before I throw up the white flag and surrender to the bears.
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Sunday, February 05, 2017
Pope Francis and the Poverty-Ridden Catholics / Politics / Religion
- A New Development Strategy for the Catholic Church
In spite of the increasing charity and missionary works in terms of billions all over the Christian world, especially of the Catholic Church for the last 2000 years, poverty and backwardness in the Christian World have been growing at an alarming rate. It is estimated that while over 38% of the world Christians lives in ignorance, poverty and backwardness, the share of the Catholics comes around 30%. However, more than 60% of the world Muslims belongs to this category despite the importance given to zakat by Islam.
Saturday, February 04, 2017
SPX Stocks Bull Market Continues / Stock-Markets / Stock Market 2017
The week started at SPX 2295. After a gap down opening Monday the market traded down to SPX 2267 on Tuesday. Then Wednesday’s opening was a gap up, followed by a pullback, then another gap up opening on Friday ending the week at SPX 2297. For the week the SPX/DOW were mixed, and the NDX/NAZ were mixed as well. Economic reports for the week were again mostly positive. On the downtick: the Chicago PMI, consumer confidence, construction spending, auto sales, ISM services, the WLEI, plus the unemployment rate rose. On the uptick: personal income/spending, the PCE, pending home sales, Case-Shiller, the ADP, the ISM, NF Payrolls, factory orders, the Q1 GDP estimate, plus weekly jobless claims were lower. Next week’s reports will be highlighted by the trade balance, the budget deficit and export/import prices. Best to your week!
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Saturday, February 04, 2017
The Future of Cannabis Investing / Companies / Cannabis
The cannabis industry attained new highs in 2016, paving the way for some big changes this year, says Tom Beck, senior editor of Portfolio Wealth Global.
Four states in the U.S. voted in favor of legalization on November 8th of 2016, and it was expected that the cannabis market would rake in over $6.7 billion from the U.S. alone in 2016.
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Saturday, February 04, 2017
XAU/Gold Ratio : The Deep Dive / Commodities / Gold and Silver Stocks 2017
Still waiting patiently for another possible nibble at some Miner positions. In the meantime, what is the XAU:Gold ratio and why is it important?
The Ratio clearly shows you that If you are going to invest or trade Gold/Silver Mining stocks you had best have some kind of time horizon to harvest profits. Why? The Ratio peaked in favor of the XAU all the way back in 1983. Yes the miners have underperformed Gold as a long term investment over that long period of time.
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