Monday, October 10, 2016

Stock Market Down Monday? / Stock-Markets / Stock Markets 2016

By: Brad_Gudgeon

The SPX could take a plunge Monday, but the set up is there for a nice rebound into October 14th.  I think we finally get my False Break of the Rising Wedge and the rebound that takes us above 2200 SPX. October 14th should be the high for the year.

GDX and the gold complex are due for a nice rebound rally, but much damage has been done.  A move back into the mid 26.00 area for GDX is the minimum expectation for an October 18 top.  It may take a couple of more days to get kick started as the buyers are hesitant and selling into rallies. 

Monday, October 10, 2016

Fifteen Years Into the Afghan War, Do Americans Know the Truth? / Politics / War on Terror

By: Dr_Ron_Paul

Last week marked the fifteenth anniversary of the US invasion of Afghanistan, the longest war in US history. There weren't any victory parades or photo-ops with Afghanistan's post-liberation leaders. That is because the war is ongoing. In fact, 15 years after launching a war against Afghanistan's Taliban government in retaliation for an attack by Saudi-backed al-Qaeda, the US-backed forces are steadily losing territory back to the Taliban.

Monday, October 10, 2016

UK and Forex Markets – Trading in GBP / Currencies / British Pound

By: ....

Forex (short for foreign exchange) trading is a speculative option that has increased in attractiveness over the past few years. Forex brokers offer trading that comes free of commission, and with the chance of making massive gains. It's easy to get going with trading, and forex markets do not have the same negative reputation as some other markets, such as binary options.

Monday, October 10, 2016

Trump Wins 2nd Presidential Debate, Betfair Betting Markets Odds Bounce / ElectionOracle / US Presidential Election 2016

By: Nadeem_Walayat

The leaked lewd audio tape from a decade ago has been having a devastating impact on what was an already a badly damaged Trump campaign that has been on a downward trend trajectory after Trump lost the 1st debate, where virtually each day has tended to bring forward more bad news as the mainstream press digs deeper into Trumps past.

Monday, October 10, 2016

Get Ready for the Future - Exponential Machine Intelligence Mega-trend towards Singularity / Stock-Markets / Technology

By: Nadeem_Walayat

Whilst most readership interest is in my regular stock market in-depth analysis that tend to conclude in detailed trend forecast usually covering at least the next 2-3 months and where possible much longer. However, whilst it is useful to know the probable short-term direction of the stock market for trading, accumulation (investing) and distribution (banking profits) purposes, but frankly, I think most people get overly carried away if not obsessed with seeking out short-term market direction.

Sunday, October 09, 2016

Trump Campaign in Free Fall Going into 2nd Debate, Expect All Guns Blazing With Nothing to Lose / ElectionOracle / US Presidential Election 2016

By: Nadeem_Walayat

The leaked lewd audio tape from a decade ago is having a devastating impact on what was an already crippled Trump campaign that has been on a downward trend trajectory since losing the 1st debate, where virtually each day tends to bring forward more bad news as the mainstream press digs deeper into Trumps past.

Sunday, October 09, 2016

Pentagon Begins Low-Intensity Stealth War in Syria / Politics / Syria

By: Mike_Whitney

“Last Wednesday, at a Deputies Committee meeting at the White House, officials from the State Department, the CIA and the Joint Chiefs of Staff discussed limited military strikes against the (Assad) regime … One proposed way to get around the White House’s long-standing objection to striking the Assad regime without a U.N. Security Council resolution would be to carry out the strikes covertly and without public acknowledgment.” – Washington Post

Call it stealth warfare, call it poking the bear, call it whatever you’d like. The fact is, the Syrian war has entered a new and more dangerous phase increasing the chances of a catastrophic confrontation between the US and Russia.

Sunday, October 09, 2016

Gold Bull Markets Have Corrections / Commodities / Gold and Silver 2016

By: Gary_Savage

Human nature is nothing if not consistent. I’ve seen this dozens  of times. At every single intermediate cycle low traders begin to doubt. No matter how strong the bull signals are, when a correction occurs traders find, or make up reasons for why the bear market is still in force or a new bear market is starting.

Folks, bull markets have to have corrections. They don’t signal the end of the bull, they are just profit taking events when price gets stretched too far above the mean, or when sentiment becomes too bullish.

Sunday, October 09, 2016

Is This How World War III Begins, In Almost Complete Silence? / Stock-Markets / Stock Markets 2016

By: Jeff_Berwick

I used to wonder how these massive World Wars happened.

World War I, for instance.  The “official” story for why it happened makes absolutely no sense.  The mainstream reason for the war was because some Archduke from Austria got killed.

Then, like some bizarre drunken bar fight, tens of millions of people from dozens of different countries all were wounded or injured in the ensuing four years.

Sunday, October 09, 2016

US Housing Market Bubble II – It’s Happening Again! / Housing-Market / US Housing

By: Andy_Sutton

This will be a bit different of a piece because we are not reporting on something that has already happened; we’re dealing with something that is ongoing and developing. Graham will handle roughly the first half of the article, then Andy will handle the second. Please bear with us as we try to break this editorial into two distinct pieces. You’ll understand as you read it why we chose to handle this in such a fashion.

Since everything in the blogosphere goes by what is officially declared by who, so forth, and so on, ditto, ditto, etc, etc, we are officially declaring there is yet ANOTHER bubble – this one in housing. Again. Perhaps ‘still’ is the proper word rather than ‘again since the first one never really was totally washed out of the system. As an addendum to our very well-received ‘American Economics’ piece, we’ll add a corollary: binges are good, purges are not to be tolerated unless absolutely necessary. If a purge becomes necessary, it will be only enough to give the Proletariat the idea that the problem is actually gone. A purge will never last longer than is absolutely necessary since that might affect consumer spending and the consumetariat’s voracious appetite for debt and financial self-mutilation.

Sunday, October 09, 2016

World Gone Mad: Credit Bubble “Perpetual Preferred” / Interest-Rates / International Bond Market

By: John_Rubino

Towards the end of a credit bubble, ideas that might have seemed crazy in more boring times are not just accepted but embraced by investors desperate to keep the high that comes from effortless bull-market profits.

In the junk bond bubble of the late 1980s, for instance, there was the “PIK preferred,” a kind of stock/bond hybrid that paid its holders in more securities (PIK stood for “payment in kind”). Companies could issue them with zero near-term cash flow consequence while credulous investors bought them for their “high yields.”

Sunday, October 09, 2016

US Dollar Crawl / Currencies / US Dollar

By: Gary_Savage

The US Dollar has been crawling along its rising 110 weekly moving average. This is not a bullish pattern and suggests a fall down to the US Dollar’s next lower support zone.

Saturday, October 08, 2016

End of SPX Stock Market Correction Nears / Stock-Markets / Stock Markets 2016

By: Tony_Caldaro

The market started the week at SPX 2168. After a gap down opening on Monday the market declined to SPX 2144 by Tuesday. A gap up opening on Wednesday carried the market to SPX 2164. Then a pullback on Thursday to SPX 2150 was followed by a rally into Friday to SPX 2166. Then the market pulled back to SPX 2145, only to end the week at SPX 2154. For the week the SPX/DOW lost 0.35%, and the NDX/NAZ lost 0.30%. Economic reports for the week were again mixed. On the downtick: construction spending, wholesale inventories, the Q3 GDP estimate, the ADP, plus the trade deficit and unemployment rate rose. On the uptick: ISM manufacturing/services, auto sales, factory orders, monthly payrolls, consumer credit, plus weekly jobless claims declined. Next week’s reports will be highlighted by the FOMC minutes, the PPI and Retail sales. Best to your week!

Saturday, October 08, 2016

Gold Bugs Great News - COT Report Playing Out As Usual, Means Lower Then Much Higher Prices Coming / Commodities / Gold and Silver Stocks 2016

By: John_Rubino

This year’s recovery in precious metals prices – and the sudden spike in gold/silver mining stocks – convinced a lot of people that a new bull market had begun. Last week’s brutal smack-down scared the hell out of many of the same folks.

The latest commitment of traders (COT) report implies that we should all relax. Things are playing out pretty much according to a script that’s been in place for decades — and which points to happy times by early next year.

Saturday, October 08, 2016

The US Economy and Stock Market are in Trouble / Stock-Markets / Financial Markets 2016

By: David_Chapman

The US economy may be approaching its 28th consecutive quarter of growth from the end of the 2008-2009 recession, but all is not as it seems. Shadow Stats www.shadowstats.com shows that, because of changes to the way GDP is calculated dating back to the 1980s, the US economy, instead of growing since 2000, has largely been trapped in a series of rolling recessions. According to Shadow Stats, the US economy is in its 45th consecutive quarter of negative growth. Stagnant income growth largely benefitting the top 20% of the working population; the collapsing labour force participation rate that results in a gross understatement of the real unemployment rate; a large army of part-time workers; many not counted as a part of the labour force just because they have been out of work a year or longer and are no longer counted; half the working population earning less than $30,000 annually; millennials burdened with record student loans and unable to form households as they cannot find the jobs; and a retiring baby boomer workforce, many of them unprepared for retirement, are just some of the reasons the US economy continues to underperform even as officialdom touts growth.

Saturday, October 08, 2016

A FREE trading Event That Will Teach You How to Spot Trading Opportunities in your Charts / InvestorEducation / Learn to Trade

By: EWI

Dear Trader,

You have an opportunity to spend the next week learning how you can spot high-confidence trade setups in the charts you follow every day.

Saturday, October 08, 2016

Crude's Post-OPEC Rally "Bears Watching" But "Natural Gas is More Interesting Market at this Juncture" / Commodities / Crude Oil

By: EWI

New insights from Chief Energy Analyst Steve Craig

Elliott Wave International's Steve Craig offers you his latest insight on price trends in crude oil and natural gas.

Saturday, October 08, 2016

Trump Election Campaign Blows Up Following Leaked Lewd Groping Women Tape / ElectionOracle / US Presidential Election 2016

By: Nadeem_Walayat

The deeper one digs into Trumps past the worse things tend to get for his election chances. So it's no wonder Trump is failing to release his tax returns which would likely show that he is a FAKE billionaire i.e. probably has zero net worth or worse. Anyway the latest that the anti-Trump media establishment has been able to dig up is a lewd audio tape from a decade ago, and it really is shocking to hear! Especially so for the republican bible belt!

Friday, October 07, 2016

WARNING: the Markets Might Crash HERE AND NOW / Stock-Markets / Stock Markets 2016

By: Graham_Summers

Stock investing is ultimately based on risk.

The global risk-free rate is the Us 10-Year Treasury. Again, this is the “risk-free” rate for the world. Stocks trade relative to this rate.

The ENTIRE move in the market from the early 2016 lows was predicated on bon yields falling (or bond prices rising). As this occurred, risk became cheaper, forcing stocks higher.

Friday, October 07, 2016

The Next Recession Looms Large / Economics / Recession 2016

By: Peter_Schiff

Currently economists and market watchers roughly fall into two camps: Those who believe that the Federal Reserve must begin raising interest rates now so that it will have enough rate cutting firepower to fight the next recession, and those who believe that raising rates now will simply precipitate an immediate recession and force the Fed into battle without the tools it has traditionally used to stimulate growth. Both camps are delusional, but for different reasons.