Thursday, June 30, 2016
Stock Market: Massive Breadth Thrust / Stock-Markets / Stock Markets 2016
By: Gary_Savage
Two 90% up volume days in a row. Historically that kind of breadth thrust has generated yearly returns of 20% or better. The perma bears just got kicked in the teeth again. This kind of massive breadth thrust is similar to what we saw out of the February bottom, and typical of a market moving out of a multi-year cycle low.
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Thursday, June 30, 2016
Forex Trading: EUR/JPY Trying to Stabilize After Drop / Currencies / Euro
By: Richard_Cox
Forex markets have been taken by surprise with the amount of volatility that has been seen in recent weeks. There are strong fundamental reasons for why this has occurred, as it has been almost impossible to avoid media coverage of the recent ‘Brexit’ events. But now that we have some finality in these areas, it is time to take a step back and assess what is actually happening to prices so that traders have an indication of what to expect going forward.
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Thursday, June 30, 2016
BrExit Stock Market Upwards Crash as FTSE Recovers 100% of Friday Plunge / Stock-Markets / Stock Markets 2016
By: Nadeem_Walayat
Friday's stock market plunge in the wake of BrExit that caught the financial markets, bookmakers and pollsters by surprise who had by the close of polls all but discounted a REMAIN outcome and thus sent stock futures and sterling soaring, only to do a panic reversal a couple of hours later as the actual results started to be announced with the initial triggers being results out of Sunderland and Newcastle. And so with each result a new wave of selling would hit the markets that by 5am had seen the FTSE futures plunge to below 5800, and sterling to spike below £/$ 1.32. Which triggered waves of doom laden commentary warning of End Times for the UK economy, stocks, housing and sterling, as so called analysts published reams and reams of nonsense to explain why the End Was now and stocks were set to literally crash into a brexit black hole.
Wednesday, June 29, 2016
Stock Market Rally Runs Out of Steam / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
If you look closely at the low, you will see a double bottom. The first is at 1991.72 and the second is at 1991.68. I have concluded that the second low is a Wave [v]. It is unusual to have that small a new low to make a wave, but no rules are broken and the pattern fits. That suggests Wave 2 may be complete or nearly so.
The 61.8% Fib calculation is 2066.85, so that retracement is accomplished. In addition, Short-term resistance at 2068.05 has also been reached.
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Wednesday, June 29, 2016
Is the British Pound Poised to Crash to $1.20? - Video / Currencies / British Pound
By: Mario_Innecco
hi Wednesday jun 29th 2016 here at home of alternative
economics and contrarian views
just a little update on the financial markets and the pound sterling
I or the british pound it's a 22 5 p.m. here in London and the pound is
rebounded fairly well from the lows we saw a couple of days ago
just below 130 - I think the lower its one-thirty one-twenty just wanted and
also we're seeing the stock market's rebound quite well I've been thousands
of another 200 points today we're like 17,600 the footsie as well with around
62 6300 so there seems to be a lot of complacency at the moment despite this
Breck's it to a vote you know a few days ago it was the end.
Wednesday, June 29, 2016
Brexit Exposing A Lot Of Fault Lines Within EU / Politics / European Union
By: Gordon_T_Long
FRA Co-founder Gordon T. Long is joined by Peter Boockvar in discussing the aftermath of Brexit and the effects on the future economy.
Read full article... Read full article...Peter is the Chief Market Analyst with The Lindsey Group, a macro economic and market research firm founded by Larry Lindsey.
Prior to joining The Lindsey Group, Peter spent a brief time at Omega Advisors, a New York based hedge fund, as a macro analyst and portfolio manager. Before this, he was an employee and partner at Miller Tabak + Co for 18 years where he was an equity strategist and a portfolio manager with Miller Tabak Advisors. He joined Donaldson, Lufkin and Jenrette in 1992 in their corporate bond research department as a junior analyst. He is also President of OCLI, LLC and OCLI2, LLC, farmland real estate investment funds.
Wednesday, June 29, 2016
Intermediate Cycle Low for Stocks? / Stock-Markets / Stock Markets 2016
By: Gary_Savage
Traders need to be careful for the rest of the week. In a natural market the daily cycle should still have further to fall and after a bounce there should be one more leg down. But as I have warned over and over, we no longer have free markets. We have not had free markets since the SEC banned short sales on financials back in 2008. So it’s entirely possible the PPT intervened today and that’s all we are going to get for an intermediate cycle low.
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Wednesday, June 29, 2016
The U.S. Housing Market Bubble Appears to Have Peaked! / Housing-Market / US Housing
By: Harry_Dent
Two weeks ago, I wrote about an upcoming New York City condominium listing for $250 million. I mention this because, as I’ve explained before, it’s always the tallest buildings and priciest condos to get hit during major downturns.
Just look at the early 1930s and mid-1970s marking peak bubbles if you don’t believe me!
Wednesday, June 29, 2016
The Fed’s Money Printing Brings a Strange Outcome / Interest-Rates / Quantitative Easing
By: Rodney_Johnson
I keep reading that the U.S. debt is out of control. That we’re spiraling toward a certain financial death, evidenced by the fact that we now owe more than 100% of annual GDP.According to a recent study by Rogoff and Reinhart, this is well beyond the threshold of where economies struggle. And we’re not alone. Several other countries have the same high level of debt outstanding, and Japan is at the top of the list, owing almost 250% of GDP. Clearly, we’re all going to die.
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Wednesday, June 29, 2016
The Brexit: No One Said Breaking Up is Easy / Politics / EU_Referendum
By: Rodney_Johnson
British Prime Minister David Cameron must be frustrated with Brexit. He has long pushed for Britain to remain in the European Union (EU), but the vote is turning against him. Like a parent responding to a child who just realized that adults really can’t force him to do anything, Cameron’s struggling to persuade the population to see things his way.He tried telling people about the wonderful, harmonic world they now enjoy as a pan-European group, but that didn’t fly. He waved white papers estimating that British GDP would fall 3% to 4% per year, but still no dice. So now, he has thrown down the fear card.
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Wednesday, June 29, 2016
Rapid Growth:The Financial Trends Of Online Gaming / / Gambling
By: ....
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Wednesday, June 29, 2016
FTSE and Sterling Brexit Trading, Deconstruction of the EU Referendum Result / Stock-Markets / Financial Markets 2016
By: Nadeem_Walayat
On Thursday 23rd of June 2016 the people of Britain confounded all expectations by voting to LEAVE the European Union, triggering political pundits in the mainstream media to write reams and reams of gibberish for why Britain voted for Brexit, when the reason why is very simple and self evident in the results themselves! Namely that the people of Britain from right across England and Wales rebelled against the London Westminister elite, and so London along and a few other southern regions were the only ones to vote for REMAIN.
Wednesday, June 29, 2016
In Wake of Brexit the EU Announces Ultimatum For Superstate / Politics / European Union
By: Jeff_Berwick
The UK Express among other publications reported that plans have been announced for an EU superstate that would blend all EU nations into an Orwellian whole (European SUPERSTATE to be unveiled: EU nations ‘to be morphed into one’ post-Brexit).
That was quick! Within two days of Brexit, plans were already released to rid all remaining EU nations of sovereignty!
That was even quicker than the 363 page “Patriot Act,” which was typed up in only seven days after 9/11!
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Wednesday, June 29, 2016
Brexit, Cycles and The Revolt Against Globalism / Stock-Markets / Cycles Analysis
By: Clif_Droke
Everywhere one turns there is evidence of widespread rage and frustration. The peoples of Europe and the Americas in particular are aggrieved at their political lot and are becoming increasingly angry. What was once a simmering resentment has become a boiling cauldron of discontent.
The latest token of this growing anger is the outcome of Britain's vote to leave the EU. The majority of British voters have decided they've had enough of austerity and have expressed their unhappiness in no uncertain terms, much to the consternation of global financial markets. This in turn has inspired other European countries to pursue independence from the Union.
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Wednesday, June 29, 2016
Stock Market 13-14 Month Cycle Low / Stock-Markets / Cycles Analysis
By: Ed_Carlson
The 20th century market guru, George Lindsay, explained that, no matter how long a bear market lasts, there is usually an obvious low 13 to 14 months after the previous bull market high (in this case, May 2015). This 13-14 month low is important even though it may not be the low of the Basic Cycle. 13-14 months is the time span of a long Basic Decline.
"Not just any secondary top or bottom. But the secondary high or low, the one that fairly jumps out at you from a bar chart."
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Wednesday, June 29, 2016
The True Nature of Gold Is Liberty / Commodities / Gold and Silver 2016
By: MoneyMetals
“Look at that screen,” exclaimed Fox Business Network's Stuart Varney, referring to the television graphic showing markets crashing across the globe. “The only thing going up is the price of gold!”
“It's always a dangerous thing when you leave democracy up to the people,” joked Varney's guest – venture capitalist and author Peter Kiernan, as they watched Britain vote Thursday night to escape the European Union.
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Tuesday, June 28, 2016
Brexit Vote and Stocks / Stock-Markets / Stock Markets 2016
By: Gary_Savage
The Brexit vote has triggered an intermediate cycle decline in the stock market. I’m expecting a bear flag and then a final drop into the bottom, but traders also have to be wary of an intervention that could terminate the rest of the decline prematurely. We may have gotten the bottom yesterday. This is why I don’t sell short. You are fighting an opponent with a printing press.
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Tuesday, June 28, 2016
Stock Market Bounce May be Over / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
Good Morning!
It appears that SPX has retraced to the 2-hour Cycle Bottom in the Premarket. The bounce may be over. We’ll know more after the open.
ZeroHedge reports, “After a historic two-day selloff, which as shown yesterday slammed European banks by the most on record...
... the wildly oversold conditions, coupled with hopes for yet another global, coordinated central bank intervention, coupled with modest hope that David Cameron's trip to Brussels today may resolve some of the Article 50 gridlock, have been sufficient to prompt a modest buying scramble among European stocks in early trading, with the pound and commodities all gaining for the first time since the shock Brexit vote.”
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Tuesday, June 28, 2016
Stock Market Meltdown Likely to Drive Gold Towards $1,500 ) / Stock-Markets / Stock Markets 2016
By: Michael_Swanson
I'm sure you are well aware of the big stock market drop that hit the US stock market on Friday as the DOW fell over 600 points following the UK BREXIT vote.
Almost every sector of the stock market fell except for gold and Treasury bonds.
I believe that what we saw on Friday was the simple start of a big drop that is going to turn into a total stock market meltdown in the coming weeks.
In fact the whole drop may not end for a few months.
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Tuesday, June 28, 2016
Greenspan Warns "Early Days Of A Crisis," Inflation Coming, Urges Return To Gold Standard / Commodities / Gold and Silver 2016
By: GoldCore
Alan Greenspan, the former Chairman of the Federal Reserve has warned that Brexit was a “terrible outcome in all respects” and that we are in the “early days of a crisis.” U.K. policy makers miscalculated and made a “terrible mistake” in holding a referendum on whether to quit the European Union, Greenspan said.
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