Friday, June 03, 2016
The Wave Principle + Technical Indicators = High-Confidence Trade Setups / InvestorEducation / Elliott Wave Theory
See how to pair RSI and MACD with Elliott wavesIn his Trader's Classroom and Commodity Junctures services, master instructor Jeffrey Kennedy often uses traditional technical indicators with the Wave Principle to add confidence to his analysis. He starts with his Elliott wave count, then looks at technical indicators such as RSI and MACD to "build a case" for his outlook.
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Friday, June 03, 2016
Stock Market No New High? / Stock-Markets / Stock Markets 2016
This Wave [B] at the 2111.05 high appears to be a 3-3-3 wave affair. It would be more acceptable to have a Wave 5 at today’s high and maybe it may happen tomorrow, changing the Wave [B] to a 3-3-5 wave pattern, which is more familiar to most analysts. However, the pattern works, as is.
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Thursday, June 02, 2016
On the Price of Oil / Commodities / Crude Oil
Since its high of almost $108/bbl in June of 2014, we have witnessed a stunning collapse in the price of oil. Indeed, in February 2016, a barrel of West Texas Intermediate (WTI) was trading at $26/bbl, a 76 percent plunge from the June 2014 highs. It has since clawed its way back to $49/bbl (May 24th).Read full article... Read full article...
Thursday, June 02, 2016
Junior Precious Metals Miners: Go With Who You Know / Commodities / Gold and Silver Stocks 2016
The first few months of this year gave a little taste of what’s to come for the junior precious metals miners, if this is indeed the start of a new gold/silver bull market. Some sample charts:
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Thursday, June 02, 2016
Race to the Bottom Gaining Traction: Negative Interest Rates Amplify Currency Wars / Interest-Rates / Currency War
Ability is a poor man's wealth. M. Wren
If you had told individuals before 2009 that we would be living in a negative rate environment in the near future, most would have treated you like a lunatic that just escaped from Ward 12. Fast forward a few years and viola, bankers all over the world are embracing negative rates. China devalued the Yuan once again, adding further fuel to the already blazing fire. The Fed will have no option but to lower rates and then Jump onto the negative rate bandwagon. Don’t listen to the nonsense the Fed has been mouthing for months that all is well. We can already see the all is good slogan breaking down to “it’s not as good as we thought" slogan; this will eventually change to “oh my God it’s darn right ugly out there” and we need to lower rates to prevent a catastrophe slogan.
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Thursday, June 02, 2016
The Gold Bull Market – Is it Time Yet? / Commodities / Gold and Silver 2016
Chart Freak writes: The Gold Bull Market
Do you think the Gold Bull Market has returned? Obviously I do, and have been trading as if the Gold Bull Market has returned. You need to be aware of this opportunity and appreciate that another big move in this Gold Bull Market is again developing. If this next move is anything like the moves seen during past Gold Bull Market’s, then you will not want to miss the next buying entry after this current correction winds down.
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Thursday, June 02, 2016
Stock Market Elliott Wave Count, Economic Cycle and Equities Cycle / Stock-Markets / Stocks Bear Market
As you know a picture is worth 1000 words so consider this short yet detailed post a juicy 2000+ word report on the current state of the stock market and economic cycle.
The charts below I think will help you see where the US stock market and economic cycles appear to be.
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Thursday, June 02, 2016
SPX Appears "Heavy" / Stock-Markets / Stock Markets 2016
The SPX Premarket appears heavy, but not down enough to make a difference. So we are in a sideways consolidation until a breakout or breakdown occurs. So far, the market has reacted to its Pi date on Tuesday. We may not get follow-through until tomorrow, when the monthly Jobs Report comes out.
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Thursday, June 02, 2016
More Stock Market Fluctuations as SP500 Index Trades Along 2,100 Mark - Which Direction is Next? / Stock-Markets / Stock Markets 2016
Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,140, and profit target at 2,000, S&P 500 index).
Our intraday outlook is bearish, and our short-term outlook is bearish. Our medium-term outlook remains bearish, as the S&P 500 index extends its lower highs, lower lows sequence:
Intraday outlook (next 24 hours): bearish
Short-term outlook (next 1-2 weeks): bearish
Medium-term outlook (next 1-3 months): bearish
Long-term outlook (next year): neutral
Thursday, June 02, 2016
Dollar Bubble: The Three Reasons The US Dollar Will Soon Crash / Currencies / US Dollar
The Dollar Vigilante’s Senior Analyst, Ed Bugos, is a genius… but he’s also somewhat of a recluse.
While we have gotten access to his incredible written insights for the last six years in The Dollar Vigilante newsletter, he has always shied away from the public spotlight. Until now!
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Thursday, June 02, 2016
Why Technical Analysis Does Not Work for Gold and Silver / Commodities / Gold and Silver 2016
Michael Ballanger, a precious metals expert, says he believes technical charts were created by bullion bank traders to lull the "chartists" into a false sense of security.
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Thursday, June 02, 2016
Stock Market Won't Sell...ISM Better But Barely...Froth Picking Up Gradually... / Stock-Markets / Stock Markets 2016
We have a very interesting market environment to say the least. There doesn't seem to be a single day where the market gaps down and runs lower all day. Every day it seems the market finds a way to go higher, at least intraday. Most days it closes green. We had a move down this morning, but, as usual, it didn't hold as the bulls came roaring back.
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Thursday, June 02, 2016
Felix Zulauf: Monetary Stimulation Creates Bubbles, Not Prosperity Nor Growth / Commodities / Gold and Silver 2016
This is an interview with Felix Zulauf by Global Gold about key developments when it comes to monetary policies, market outlook, investment decisions, and precious metals.
Felix Zulauf gave an outstanding interview with a lot of valuable insights that, undoubtedly, savvy investors will greatly appreciate.
Welcome to the first Global Gold podcast. My name is Claudio Grass and joining us today is Felix Zulauf, Founder and President of Zulauf Asset Management. He is here to share with us his outlook on the state of our economy, recent developments in the financial markets and his views on current political changes.
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Thursday, June 02, 2016
The Bail-In: Or How You Could Lose Your Money in the Bank / Stock-Markets / Financial Markets 2016
David Chapman writes: Buried in the Liberal Federal Budget that was introduced on March 22, 2016, under Chapter 8 - Tax Fairness and a Strong Financial Sector, was a section titled "Introducing a Bank Recapitalization 'Bail-in' Regime." Simply stated, in the unlikely event of a large bank failure, the Government proposed it would reinforce that bank shareholders and creditors are responsible for the bank's risks - not taxpayers.
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Wednesday, June 01, 2016
Clinton and Sanders Camps in Talks for Party Unity / ElectionOracle / EU_Referendum
A previous article called Clinton the most recklessly dangerous president aspirant in US history. Humanity’s fate is up for grabs with her finger on the nuclear trigger.
She’s also damaged goods, vulnerable to indictment on federal racketeering charges, her Clinton Foundation a suspected criminal enterprise masquerading as a charitable NGO.
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Wednesday, June 01, 2016
The $6 TRILLION Corporate Debt Implosion Begins... / Interest-Rates / Corporate Bonds
The corporate bond market is a $6 trillion time bomb waiting to go off.
It took the US half a century to grow its corporate bond market to $3 trillion.
Thanks to the Fed implementing ZIRP and holding rates there for seven years, we’ve doubled the corporate bond market, adding another $3 trillion in corporate debt… since 2009.
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Wednesday, June 01, 2016
Stock Market Rough Week Ahead / Stock-Markets / Stock Markets 2016
While the eighth year of a Presidential term calls for a rally from mid-May to early/mid-June, it doesn’t promise to be straight up. This week looks set to see a correction downward against the bigger trend. The McClellan Oscillator’s dip below -150 and the lower Bollinger Band on 5/19/16 (the one-year anniversary of the top of the bull market in the Dow) marked the low of the recent sell-off. It closed above zero last week but the bears have the benefit of the doubt given the ‘complex’ structure below zero.
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Wednesday, June 01, 2016
GDX Adjusted Cycle, Projection and Chart / Commodities / Gold and Silver 2016
GDX and gold look to make their low around June 24, not June 17th as I had reported earlier. The cycles are following gold’s and not GDX’s cycle. June 2nd is a cycle change point (either a low or high) and happens to be the 16 TD low for gold.
The chart below shows GDX’s wave count ending an (x) of B wave on June 2 near 21.81 and rallying to 25.42 by June 8th to finish (y) of B.
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Wednesday, June 01, 2016
Global Mints Report Record Silver Coin Sales for 2015 / Commodities / Gold and Silver 2016
Gold coin sales register third best year since 2002, 30% increase over 2014
Global investors snapped up a record 89.6 million one ounce silver coins in 2015, according to USAGOLD’s annual survey of global bullion coin sales. The strong 2015 showing follows an equally impressive 2014 for silver coins at 77.9 million ounces and 2013 at 85.4 million ounces. Year over year, silver bullion coin demand was up 14% from 2014. Last year was a banner year for gold bullion coin sales as well – the fifth best since 2002. National mints sold 2.75 million ounces in 2015 – an impressive 30% increase over 2014.
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Wednesday, June 01, 2016
Stock Market Aggressive Short Entry Given / Stock-Markets / Stock Markets 2016
Although SPX has bounced, VIX has given an aggressive sell signal. This provides a possible short entry for SPX.
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