Monday, June 27, 2016
Best Holidays for Summer 2016 / Personal_Finance / Travel & Holidays
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Monday, June 27, 2016
Another Stocks Bear Market? / Stock-Markets / Stock Markets 2016
Current Position of the Market
SPX Long-term trend: A lengthy correction is most likely underway!
SPX Intermediate trend: Brexit has most likely initiated a decline of intermediate nature.
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, June 26, 2016
BBC EU Referendum Result Highlights - YouGov, Markets, Bookmakers, Pollsters ALL WRONG! / ElectionOracle / EU_Referendum
Here are the key highlights I have picked form 8 hours of BBC coverage of the EU Referendum count that started shortly after 10pm as YouGov's poll effectively gave the referendum to REMAIN on 52% against LEAVE on 48% which even prompted Nigel Farage to effectively concede defeat at around 10.15pm, sending sterling soaring to its highest level against the dollar for 2016, and also triggering a sharp FTSE stock futures rally, which I will cover in-depth in an accompanying video on trading sterling and FTSE during brexit, until then here are the highlights of what happened after the polls closed on Thursday 23rd of June.
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Sunday, June 26, 2016
Investors Map Post-Brexit Strategies Amid Global Market Upheaval / Stock-Markets / Financial Markets 2016
Pulling data and information from around the globe, this is a nice round up story from Bloomberg about how Credit Suisse Group AG, Morgan Stanley, Charles Schwab & Co, Deutsche Bank AG and others are starting to map post-Brexit strategies around stocks, currencies, bonds, emerging markets, corporate debt.
- Flummoxed investors seek havens, bargains in uncharted waters
- History suggests more losses, months before a full recovery
Sunday, June 26, 2016
Gold Price Weekly COT Update / Commodities / Gold and Silver 2016
We received a batch of astounding numbers in this weeks’ COT report for not only silver, but also for gold.
Guess what? Hedge funds are at a new all-time high on the long side exposure of gold.
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Sunday, June 26, 2016
Brexit: Anti-Neoliberal Rebellion / Politics / EU_Referendum
Sunday, June 26, 2016
Brexit Contagion? / Politics / European Union
Sunday, June 26, 2016
European Integration Is Dead, Long Live Monetary Cooperation / Politics / European Union
Carmen Elena Dorobăț writes: The news of Britain’s decision in the EU referendum—and the subsequent resignation of David Cameron—created a wave of confusion and fear on financial markets. The pound sterling dropped to its lowest level since 1985, and the London stock market opened with a FTSE 100 lower by 8.9% compared to the day before. Debates were revived on what sectors of the British and European economy will be affected, what new policies must be designed to protect them, or how long and painful will the Brexit-driven recession be.
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Sunday, June 26, 2016
First the UK, then Scotland ... then Texas? / Politics / EU_Referendum
Ryan W. McMaken writes: That didn't take long. Only hours after the final results came in for a British exit from the EU, political leaders in Scotland are talking about renewing their drive to secede from the United Kingdom.
Pointing to the fact that a large majority of Scots voted to remain in the EU, Scottish advocates for independence are now claiming (convincingly) that Scotland is leaving the EU against its will.
Many of us who advocated for Scottish secession in 2014 were, of course fine with Scottish secession at the time. And we're still fine with it now. Scotland should be free to say good bye and got its own way.
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Sunday, June 26, 2016
Weekly Nasdaq NDX Chart / Stock-Markets / Stock Markets 2016
Here is a basic chart of Nasdaq-100 ticket symbol NDX showing a few different techniques used. This shows about 5% of what I use in determining my decisions trading the market.
First you may notice the down channel trendlines with 2 consolidation periods. We are currently breaking out of the second one.
Breaking out from a large ascending wedge, and consolidation channel shown on the chart. Looks very similar to the last one. Take notice of the violated trendline on the wedge with a backtest in both.
Sunday, June 26, 2016
The Stock Market is Not Topping / Stock-Markets / Stock Markets 2016
Stocks may move down into an intermediate cycle low over the next 15 trading days. If they do we will again hear the perma bears calling a new bear market. They will be wrong again as they continue to be wrong over and over.
The S&P has tested the 2100 level 9 times. There is no such thing as nonuple top. Heck there’s really no such thing as a triple top. When a resistance zone gets tested this many times it’s a consolidation before a breakout, not a top.
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Sunday, June 26, 2016
Stocks Bear Market Resumes or Just More Noise / Stock-Markets / Stock Markets 2016
The market started this volatile week at SPX 2071. After a gap up opening on Monday to SPX 2101 the market pulled back until Wednesday when it hit SPX 2084. Another gap up opening on Thursday carried the market to SPX 2113. Then Brexit was confirmed and markets worldwide plunged on Friday. For the week the SPX/DOW were -1.6%, and the NDX/NAZ were -2.0%. Economic reports were biased negative for the first time in quite a while. On the downtick: new home sales, durable goods, consumer sentiment and the Q2 GDP estimate. On the uptick: FHFA housing, existing home sales and weekly jobless claims declined. Next week’s reports will be highlighted by Q1 GDP, PCE prices and the Chicago PMI.
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Saturday, June 25, 2016
Gold And Silver: Security, And BREXIT / Commodities / Gold and Silver 2016
We wrote the following article last Tuesday as a consequence of expanding on the key word "security" and what is its impact for most of us. Then BREXIT happened on Friday. Actually, BREXIT is all about security, concern about personal security for those who voted to get out of the elite spider trap called the EU. A few thoughts on that will be added following what was already prepared.
What is one of the most important feelings one can have for him of her self, for one's family? In a word, security. Security that one is safe in their daily existence, from the time they leave home in the morning until the time they return at the end of the day, and all the time in between. Security that their loved ones are always safe. Security that their efforts for making a life for themselves, for the betterment of their family will not be taken away. Security that what one accumulates in the process of life will always be there.
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Saturday, June 25, 2016
Dow, Euro & Brexit Recap / Stock-Markets / Financial Markets 2016
What a day! Some extremely volatile action took place that will live on in the memories of all those that witnessed it.
So, what to make of it all?
Well, this analysis will focus on the Dow and Euro and quite frankly there is nothing out of the ordinary to report which may sound strange. Today did nothing to alter what has been outlined in previous analysis. In fact, it played right into my forecasts which are for the Dow to head down to set up a higher low and the Euro to also head further down a bit more and set up its own higher low.
Saturday, June 25, 2016
Financial Markets Roiled as Britain Votes Itself Out of EU / Stock-Markets / Stock Markets 2016
Britain has voted to exit the European Union and its prime minister has resigned in the wake of the Brexit vote. The markets have, so far, reflected the world's uneasy reaction to the event. But it is early days, says newsletter writer and technical analyst Clive Maund, who offers his views on the day after Brexit.
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Saturday, June 25, 2016
BrExit Vote - "The Trend is Set" -- And What You Should Pay Attention to Next / Stock-Markets / Financial Markets 2016
Steve Hochberg and Pete Kendall, co-editors of our monthly Financial Forecast, sat down with ElliottWaveTV to discuss the volatility that followed Thursday's Brexit vote.
Learn what the Brexit vote represents -- and its implications for the world markets and economies.
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Saturday, June 25, 2016
Resistance Holding Gold Stocks after Brexit / Commodities / Gold and Silver Stocks 2016
What a last 24 hours for markets! At one point Gold was up $100/oz, S&P futures were limit down and the British Pound was down over 8%! The volatility has subsided, perhaps temporarily and Gold settled around $1320/oz with Silver settling below key resistance at $18. The miners predictably gapped up but the strength was sold. As miners remain below 2014 resistance we expect Gold to retest $1300/oz before moving higher.
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Saturday, June 25, 2016
Brexit Surprise.....Will Others Follow Britain?....Still Nothing Bearish Yet... / Stock-Markets / Stock Markets 2016
If you looked at the action yesterday one would have thought that Britain staying was a slam dunk. Poll after poll showed a tight race, but all of them had them staying. The market was smelling this out, and, thus, the strong action the market displayed yesterday. Funds were running to the buy button as they were afraid to miss the breakout over 2134 on the S&P 500. The market closed just one percent below that magical level that had the bulls frothing. Breadth was strong yesterday as well. Buying across the board, especially those financial stocks that were bound to explode once the vote for staying in the euro zone was completed. Sadly, and as usual, the masses were wrong. Why this reality occurs over and over again with regards to the stock market is a mystery, but the masses were clearly wrong once again.
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Saturday, June 25, 2016
Walkers Crisps Spell and Go - Will 250 Letter Codes Win a Holiday? / Personal_Finance / Freebies and Comps
The Walker’s Crisps 'Spell and Go' promotion is now well past the halfway mark and we have so far entered over 250 codes for 200 letters. So we have plenty multiples of letters, but have we finally actually banked one of the scarce winning letters K,C or D. Find out in our latest video in this series, so that you too can understand what the actual real world chances are of winning a Walkers Spell and Go holiday.
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Saturday, June 25, 2016
Was Brexit a Quid Pro Quo for a Bank Bailout? - Video / Stock-Markets / Credit Crisis Bailouts
Minako 64 here home of alternative economics and contrarian views
it's been a very long 24 hours I cover the brexit results all night last night
the markets were all over the place you know depending on the result in one of
the results are coming out and very interesting you know very good in my
opinion that the British people decided to leave the EU the U is an
unaccountable institution in my opinion very undemocratic and bureaucratic and
socialistic so that's good but i do have a few questions that have popped in my
mind over the last few months the first one is the fact that David Cameron before the last general election
last year he said that's a if he won he would call for a referendum on whether