Thursday, November 24, 2016
Stock Market Indices Close at the Highs for the Day / Stock-Markets / Stock Markets 2016
By: Jeff_Berwick
The stock market indices had an interesting day on Wednesday, closing with blue chips to the upside at new all-time highs. Nasdaq 100 had a difficult day, down nearly 20 points, but they came back off the lows substantially, especially the Direxion Daily S&P Biotech Bull 3X ETF (LABU), rallying late in the day and finishing positive, having reversed seven points off the lows.
The day started out with big gaps down, they made lower lows on the Nasdaq 100, but when the S&P 500 did not confirm, it made a higher low, and then they rallied. The S&P 500 had a 5-wave rally into the close to finish at the high for the day.
Read full article... Read full article...
Thursday, November 24, 2016
Breaking News - Spain Launches War on Cash / Politics / War on Cash
By: Jeff_Berwick
India, Uruguay, Australia and now Spain. The Minister of Finance and Public Service, Cristóbal Montoro has reportedly just announced “anticipated measures in order to ‘reduce the use of cash.’
In other words, Spain is going to make cash transactions even more difficult. As of presstime, from what we can tell, this has yet to be reported anywhere in English media except here now at TDV.
Read full article... Read full article...
Thursday, November 24, 2016
Stocks, the Politically-Driven S.O.D. to Lose Again / Stock-Markets / Stock Markets 2016
By: Gary_Tanashian
You know who they are; they are the ones who denied and denied the ginned up bull market in US stocks that nearly tripled under the socialist regime, circa 2009-2016. They are the ones who clung to gold well past the caution point last summer. They are (yes, it’s another snappy buzz phrase to either entertain, bore or annoy you… ) the S.O.D., AKA the Sons of Druckenmiller, AKA politically biased and newly activated market participants. Reference…
Thursday, November 24, 2016
A little perspective on the post-election Gold market / Commodities / Gold and Silver 2016
By: Michael_J_Kosares
Most of gold’s downside is geared not to the financial decisions of millions of investors around the globe, as the mainstream media would have you believe, but rather to linear computer algorithms geared to the dollar index. The trading part of the software has been told to automatically place trades at certain correlated price levels and that is why we get these waterfall drops. The rocket launch trajectories to the upside come when the trading function is told to buy and cover the previous shorts.
Thursday, November 24, 2016
Another US Election Year, Another Bunch Of Fake Economic Growth Numbers / Economics / Economic Statistics
By: John_Rubino
Some pretty good economic reports have energized various parts of the financial markets lately. Consumer spending is up, GDP is exceeding expectations and even factory orders, that perennial downer, popped this morning.
In response the dollar is soaring and interest rates are at breaking out of their multi-decade down-channel. The economy is clearly recovering, implying a return to normality. Right?
Read full article... Read full article...
Thursday, November 24, 2016
One of the best buying opportunities in history? / Stock-Markets / Financial Markets 2016
By: Submissions
One of the best buying
opportunities in history?
I'm writing to you today about what could be one of the most exciting buying opportunities in the stock market we've ever seen.
If our research is right, a handful of specific companies in one particular sector could be about to go wild.
But look, this opportunity will NOT be for everyone.
Wednesday, November 23, 2016
Gold and Monetary Populism: The Oligarchs’ Mortal Enemies – The Peoples’ Salvation / Commodities / Gold and Silver 2016
By: Stewart_Dougherty
Desperation is setting in. The blatant attacks on gold are occurring almost exclusively during the Comex floor-trading hours now. Every night gold pushes higher as Asia’s appetite is seemingly voracious. The two most systemically dangerous banks right now, it was revealed according to the IMF, are JP Morgan and Citibank. I’m sure part of the smash is in response to that. All this action between gold and the dollar means is that the counter-force reaction to what the Fed is doing is going to be even more forceful. They already can’t control the dollar and the strong dollar is going to decimate Q4 revenues and earnings. Give it 6 months and I bet they start talking about the need to print more money. Gold will sniff that out well ahead of time.
Wednesday, November 23, 2016
Russia Gold Buying In October Is Biggest Monthly Allocation Since 1998 / Commodities / Gold and Silver 2016
By: GoldCore
Russia gold buying accelerated in October with the Russian central bank buying a very large 48 metric tonnes or 1.3 million ounces of gold bullion.
Read full article... Read full article...
Wednesday, November 23, 2016
Trump Moves as America Stands Still / Politics / US Politics
By: Raul_I_Meijer
Ever since the November 8 election, it’s been hard to write anything that makes actual sense, as evidenced by just about everything I’ve read in the past two weeks, little of which was particularly elevating, because just like before the vote, and just like in pre- and post-Brexit Britain, all there is left in the US are deeply dug-in heels.
Everything and everyone is standing still; dug-in heels do that for you. Problem is, of course, that standing still doesn’t get you anywhere. You’re going to have to move or you’ll be left behind. Somehow it’s wonderfully ironic that Donald Trump is the only main character in this play who’s moving, and he does so in more ways than one. It’s like he’s going head first against the latest braindead internet craze, mannequin. If he does it on purpose, I commend him for it.
Read full article... Read full article...
Wednesday, November 23, 2016
A Vote for Trump, Much in Spite of Who He is / Politics / US Politics
By: Rodney_Johnson
It’s hard to keep up with all the labels.According to the mainstream media, anyone who voted for Donald Trump is a hate-filled bigot who objectifies women, can’t stand immigrants, denies global warming, has no education, and earns less today than he did in 1999. He must be resentful that a black man occupies the White House today and apoplectic at the possibility that a woman might do the same thing.
That’s a lot to carry around… and it’s not who I am… even though I voted for Trump.
Read full article... Read full article...
Wednesday, November 23, 2016
The Winners and Losers of a Global Trade War / Economics / Global Economy
By: Harry_Dent
My research in recent months has focused increasingly on how the surprise Brexit vote and Trump’s victory are actually not that surprising after all. They’re a clear sign of a growing number of everyday people rejecting the massive globalization trend that has surged since World War II.The world “shrinking” seemed to be a win-win at first. Countries could focus on what they do best and export to others while importing what they need. And, yes, longer-term that does work, as Adam Smith first espoused in 1776.
Read full article... Read full article...
Wednesday, November 23, 2016
The Trump Administration Winter is Coming / Economics / Recession 2017
By: John_Mauldin
How on God’s green earth are we supposed to make sense, from an economic and investment portfolio view, of what is happening?
A recession could change everything
It has been quite a while since we have had a recession. When we do have one, it’s going to further limit our choices.
Read full article... Read full article...
Wednesday, November 23, 2016
Why Mexico’s Oil Reform Is A Huge Opportunity For Investors / Commodities / Oil Companies
By: OilPrice_Com
When a massive country de-nationalizes its entire energy sector and opens its oil and gas doors for the first time ever to foreign companies, the opportunities are staggering.
Welcome to the ‘new’ Mexico, and welcome to the early stages of an oil and gas game that will be bigger—from an investor’s perspective—than anything in history.
Read full article... Read full article...
Wednesday, November 23, 2016
As Cryptocurrencies Grow More Popular, IRS Attacks Bitcoin Exchange / Currencies / Bitcoin
By: Jeff_Berwick
Coinbase, a popular American bitcoin exchange, is under fire by the IRS – one of the most ruthless government agencies – for being suspected of “failing to comply” with tax laws.
Because of the “war on cash,” privacy concerns and price inflation, people are flocking into cryptocurrencies such a bitcoin. But such alternatives to monopoly-fiat paper money are hated by the handful of human overseers who control the monopolized central banking system.
Privately held exchanges like Coinbase facilitate the exchange of fiat currencies and commodities for a given amount of bitcoin depending on the price being quoted.
Read full article... Read full article...
Wednesday, November 23, 2016
Chinese Renminbi Amid US Dollar’s Global Risk / Currencies / Fiat Currency
By: Dan_Steinbock
In the long-term, Chinese renminbi enjoys strong prospects. In the short-term, it must cope with domestic and international pressures – and the US dollar as the new “fear gauge.”Recently, the Chinese renminbi fell to its lowest level since late 2008. Currently, it trades around 6.88 to US dollar.
Read full article... Read full article...
Wednesday, November 23, 2016
How China And Trump Era Will Define Free Trade In Asia Pacific / Economics / Global Economy
By: Dan_Steinbock
After the Trump triumph, US-led free trade plans are shelved, which leaves China an opportunity to redefine trade in Asia Pacific.
During his campaign, President-elect Donald Trump embraced a protectionist stance on trade issues and called the US-led Trans-Pacific Partnership (TPP) a “disaster.” More recently, he has pledged that the US will quit the TPP on his first day in the White House.
Wednesday, November 23, 2016
Rising US Dollar, Rising Global Risks / Currencies / US Dollar
By: Dan_Steinbock
As US dollar hitting record highs, it is no longer a sign of global recovery but also becoming the world’s premier fear gauge and global risk.Recently, US dollar hit its 13-year high. According to the ICE Dollar Index, which measures the currency against a basket of six other currencies, soared to 100.6, its peak since April 2003. In view of analysts, US dollar is fueled by rising government bond yields (and the Fed’s anticipated rate hike), and expectations of Trump’s fiscal expansion (infrastructure stimulus).
Read full article... Read full article...
Wednesday, November 23, 2016
Three Ways Traders Can Spot a Stocks Bear Market Before it Bites / Stock-Markets / Stocks Bear Market
By: Nicholas_Kitonyi
A bear market is a disheartening market scenario for most traders and investors because it connotes a season of losses. A bear market is technically defined as a market condition in which securities decline 20% or more from their previous highs. A bear market is more troubling than a market correction because a correction refers to a 10% decline from previous highs. In fact, a correction is more like peeping into bear territory while a bear market can be likened to living inside a bear territory.
Wednesday, November 23, 2016
Gold to Rally More, Stocks Should Drop / Stock-Markets / Financial Markets 2016
By: Brad_Gudgeon
GDX looks to rally hard in a 'c' of "C" wave, likely into Early the 25th. We could see GDX around 24.50. It looks like a bear rally. The jobs report on December 2 could knock the precious metals sector down like it did from November 9-14.
The SPX is running on fumes and should drop at least to the 2162 area by early Friday I would think. Higher highs into next November 30-December 1 look likely and up to around 2208/09. My target for next week of 2203 was hit today.
Read full article... Read full article...
Wednesday, November 23, 2016
Silver and Gold - We Can’t Understand It for Them / Commodities / Gold and Silver 2016
By: Dr_Jeff_Lewis
For years I have calmly, patiently, and for the most part rationally, listened to friends, family, patients, and colleagues grapple with the notion of precious metals.
The majority understand the basic reasons why some portion of portfolio allocation is necessary or prudent, but very few have (or will) taken action.
Often, people are shocked that I would be interested in the matter to begin with. I think subconsciously people understand to be a “Doctor” is to be a teacher, but on the surface most people find it odd and uncomfortable to accept my interest and quest in something that rarely occurs to them.
Read full article... Read full article...