Friday, January 06, 2017
Payrolls Underwhelm Markets, While China Boils Over / Stock-Markets / Financial Markets 2017
By: Anthony_Cherniawski
Short-term support helped to keep the SPX aloft yesterday. The futures markets have been waiting for the monthly payrolls report. Now that it is out, it appears to be less than satisfactory. The question is, will there be a new high, or do the equities markets sell off from here?
Bloomberg reports, “The U.S. labor market turned in a solid performance at the end of 2016, sending job gains above 2 million for a sixth year as paychecks rose by the most during the current expansion.
Read full article... Read full article...
Friday, January 06, 2017
Gold Surges Over 30% in GBP In 2016 After Brexit / Commodities / Gold and Silver 2017
By: GoldCore
– Gold gains in USD, GBP, EUR, CAD, AUD, NZD, JPY
– Gold gains in CNY, INR & most emerging market currencies
– Gold surges 31.5% in British pounds after Brexit shock
– Gold acted as hedge and safe haven in 2016 … for those who need safe haven
– Further signs of market having bottomed and bodes well for 2017
– What drivers will gold respond to in 2017?
– EU elections and contagion risk, Geo-politics, terrorism, war and cyber war
– Outlook for gold good during Trump Presidency (2017 to 2020)
Friday, January 06, 2017
Bitcoin Pulls Back After Massive Price Increase / Currencies / Bitcoin
By: Jeff_Berwick
In the last month, bitcoin continued its rise, from $763 to a high of $1,153 yesterday.
Then it fell dramatically on Thursday to a low of $953 on Coindesk and has since been hovering in the $1,000 area.
All of this comes just days after the 8th anniversary of the first piece of the blockchain, known as bitcoin’s “Genesis Block” which was mined by the pseudonym known as Satoshi Nakamoto on the 3rd of January, 2009.
Read full article... Read full article...
Friday, January 06, 2017
China Super League Clubs Burning Cash with Tevez / Personal_Finance / Gambling
By: Submissions
DELETED....
Friday, January 06, 2017
Stock markets – the similarities between investment, and online gambling / Stock-Markets / Stock Market 2017
By: Submissions
DELETED...
Friday, January 06, 2017
Russia Looks for an Exit in Syria / Politics / Syria
By: STRATFOR
Forecast
- Despite the shared cause of supporting Damascus, Moscow and Tehran will continue to differ in their commitment to the conflict.
- As Russia concocts an exit strategy, its relations with Iran will steadily sour.
- The divergences between the countries will exacerbate the differences among Syria's loyalist forces.
Friday, January 06, 2017
Stock Market Very Mixed Picture / Stock-Markets / Stock Markets 2016
By: Harry_Boxer
The stock market indices had a mixed session today, although at the end of the session they came on strong. The day started out with a pop to the upside for the Nasdaq 100, but the S&P 500 barely bounced. They barely came down in the morning, and the Nasdaq 100 held, although the S&P 500 made two lower lows. When the S&P 500 was not confirmed by the Nasdaq 100 by midday, they rallied, and rallied for the rest of the session. Not only that, the S&P 500 popped near 2270 at the close.
Read full article... Read full article...
Friday, January 06, 2017
Philippines Regime Change 2017, the Year of Living Dangerously / Politics / Asian Economies
By: Dan_Steinbock
As President Duterte is rebalancing the Philippines’ economic and strategic policies, Washington is preparing plans for regime change. What the country needs is economic development, says Dan Steinbock – not Cold War.
After the election triumph of President Rodrigo Duterte, the Philippines has initiated a series of economic reforms to accelerate development, decentralise governance and a tough but controversial struggle against corruption and drugs.
Friday, January 06, 2017
Gold and Silver Outlook 2017 / Commodities / Gold and Silver 2017
By: MoneyMetals
Clint Siegner writes: Precious metals had a wild ride in 2016, launching higher in the first half of the year and then falling much of the way back to earth in the second half. Our outlook for 2017 hinges on some of the drivers that figured prominently in last year’s trading. There are also a couple of new wrinkles.
Friday, January 06, 2017
President Trump Understands the NSA, CIA... LIE, America's Intelligence Agencies Crime Syndicate! / Politics / Intelligence Agencies
By: Nadeem_Walayat
A gullible and as Mitt Romney likes to say 'not very smart' President Obama fell for more lies and deceit spewing out of so called US intelligence agencies, the NSA, CIA and more than dozen others all conjuring another dodgy dossier out of cyber space on Russian hacking of the US election to get Trump elected so as to fit their own agenda, one of TOTAL SURVEILLANCE for the goal for TOTAL CONTROL, TOTALITARIAN CONTROL! Something that President Trump is clearly aware of given his own experience during the election campaign and clearly as the intelligence reports bring into question the legitimacy of his own Presidency.
Thursday, January 05, 2017
Attempted Coup Against Trump Continues / Politics / US Politics
By: Stephen_Lendman
Thursday, January 05, 2017
The Endgame, Trump & Gold / Stock-Markets / Financial Crisis 2017
By: Darryl_R_Schoon
In the bankers’ endgame, slowing economic growth and excessive central bank liquidity forces investor capital into financial markets; driving up the price of stocks, bonds and commodities and creating financial bubbles whose collapse pose a systemic threat in overly-indebted capitalist economies.
Read full article... Read full article...
Thursday, January 05, 2017
The Rising U.S. Dollar and the Impact on Commodities / Commodities / Commodities Trading
By: Donald_W_Dony
The FOMC has raised its benchmark interest rate up for the second time since the recession of 2008 and 2009. And as the U.S. is the only G8 country, over the last eight years, to start increasing its rate, there is little to no competition for the currency.
The impact of a raising currency are many.
On the plus side, it creates higher demand for U.S. Treasuries, lower borrowing costs for the Federal government and foreign demand for U.S. assets (including stocks).
Read full article... Read full article...
Thursday, January 05, 2017
How Fibonacci Ratios Govern the Stock Market / Stock-Markets / Stock Market 2017
By: EWI
Scientists speculate that Elliott waves are the stock market's "critical structure"
[Editor's Note: The text version of the story is below.]
Read full article... Read full article...
Thursday, January 05, 2017
China Attempts to Crush Yuan Shorts / Currencies / China Currency Yuan
By: Anthony_Cherniawski
Yuan shorts suffered a bone crushing short squeeze over the course of this week after it hit an expected Master Cycle low on December 29. The retracement hit Intermediate-term resistance at 23.60 yesterday. Currently CYB is hovering in that zone.
CYB may go higher, but it cannot rally beyond the bottom of Wave 1 at 24.24. If it goes higher, the likely target appears to be the 50-day Moving Average at 23.74.
Read full article... Read full article...
Thursday, January 05, 2017
Gold – Half Cycle Low Due Soon / Commodities / Gold and Silver 2017
By: Gary_Savage
Gold is 13 days into its daily cycle. At some point soon there will be a dip into a half cycle low. That will be the next opportunity to buy long.
Read full article... Read full article...
Thursday, January 05, 2017
S&P 500 Gets Close To Record High As Investors' Sentiment Improves / Stock-Markets / Stock Markets 2016
By: Paul_Rejczak
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:
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, January 05, 2017
The War On Cash Ratchets Up In Greece With “Soft Cash” Ban / Stock-Markets / War on Cash
By: Jeff_Berwick
It wasn’t long ago that it came out that the IMF intentionally wanted to create a “credit event” in Greece - part of a larger plan to destabilize Europe.
The country has already fallen victim to the repercussions of the war on cash, but now the grip of capital control is growing tighter.
The Greek Finance Ministry in their infinite wisdom has decided that its nation’s taxpayers will only be granted deductions or tax-allowances if payments are made using a debit or credit card.
Read full article... Read full article...
Thursday, January 05, 2017
Stock Market No New Highs... / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
Wave [c] of 2 is three points shorter than Wave [a] at 30.20 points. However, it has stopped short of 2273.82 and appears to be complete. If so, the decline begins in earnest. Short positions may be taken beneath Short-term support at 2260.63. A second break of the trendline at 2250.00 is also a good short entry.
Read full article... Read full article...
Thursday, January 05, 2017
You’re Being Lied to! / Politics / Mainstream Media
By: Stephen_Lendman
Believe nothing at face value from government at all levels and scoundrel media sources.
On all issues mattering most, especially geopolitical ones, they systematically lie - fake news substituting for truth-telling, information important to know suppressed.
Media scoundrels operate as virtual press agents for wealth, power and privileged interests - willfully deceiving readers and viewers to keep them uninformed on what’s going on, feeding them worthless rubbish, fiction, not facts.
Read full article... Read full article...