Tuesday, May 17, 2016
Gold, Silver, Mining Shares: Big Drop Dead Ahead! / Commodities / Gold and Silver Stocks 2016
Last time I wrote, I pointed to May 19th as being a likely, important bottom in the precious metals complex. It is May 16th in the evening as I write this. If I’m correct, the next three days should prove to be huge down, especially for the miners. Most analysts admit that we are overdue for a correction, but they have no idea how fast and furious it may turn out be.
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Tuesday, May 17, 2016
Divergence Between Oil and Oil Stocks Signals Decline in Oil-Related ETFs / Commodities / Oil Companies
Technical analyst Jack Chan reports the energy sector cycle is down and a multiweek correction is in progress, and discusses what that means.
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Tuesday, May 17, 2016
Gold Speculation at All-Time High, but Gold Price Remains Below 2015 High / Commodities / Gold and Silver 2016
Technical analyst Jack Chan reports that although gold speculation is at an all-time high, the gold price has not followed suit.
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Tuesday, May 17, 2016
Stock Market Fooling Them Yet Again.... / Stock-Markets / Stock Markets 2016
The market loves to fake the masses. With the Dow closing decently below the 50-day exponential moving average on Friday, with the S&P 500 testing it, and with the small caps also closing well below the 50's, it seemed as if the bears had finally seen their time arrive. Most folks believed that today we'd see a big gap down, and run lower all day as the bears finally took control of this stubborn market. The bears also had some nice hope once the futures opened for trading last night.
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Tuesday, May 17, 2016
Crisis Investing - Jim Rogers on “Buying Panic” / Stock-Markets / Investing 2016
By Justin Spittler
Editor's note: Successful crisis investing boils down to one skill. The ability to go against the crowd to buy beaten-down assets that have been left for dead.
Few people know as much about this subject as Jim Rogers. Jim is a legendary investor and a true “international man.” He has earned millions investing in crisis markets.
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Tuesday, May 17, 2016
Odds of Winning Walkers Crisps Spell & Go Holidays K, C and D Letters / Personal_Finance / Freebies and Comps
By now most of you will have realised that the letters K, C, D in Walkers Crisps 'Spell and Go' promotion are not being given out randomly along same lines as the other 23 letters. So in this video I will explain what the probable odds are for actually getting one of these special letters and win a walkers spell and go holiday.
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Monday, May 16, 2016
Retail Collapse Signals the Economic Recovery is Officially Dead / Companies / Retail Sector
The “recovery” is over, at least as far as retail is concerned.
The retail ETF (XRT) has taken out its bull market trendline dating back to the 2009 bottom.
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Monday, May 16, 2016
How Stupid Do You Have To Be, Part 2: 100-Year Bonds / Interest-Rates / Global Debt Crisis 2016
“Of course there are true copper bottomed mistakes, like spelling the word “rabbit” with three m’s, or wearing a black bra under a white blouse, or, to make a more masculine example, starting a land war in Asia.” — John Cleese
We all make mistakes, but some are bigger than others. An example of a serious one that’s both potentially catastrophic and easily avoided is to lend money for long periods during a time of rising debt and financial instability. Who, for instance, would commit capital for 30 years to Italy by buying that country’s long-dated government bonds? “No one” is the sane answer, yet those bonds do find buyers.
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Monday, May 16, 2016
Financial Armageddon Looms On The Horizon As The EURO UNION IMPLOSION Nears / Stock-Markets / Financial Crisis 2016
History is testament that an ill-conceived fetus is doomed to a handicapped crippled adulthood. Thusly, many rational pundits perceive the hodge-podge jumbled union of many European nations, known as the Euro Union. But just as oil and water cannot be blended nor melded into a stable liquid, it logically follows that the haphazard mixture of many radically diverse nations are likewise immiscible…and will probably collapse in the not too distant future.
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Monday, May 16, 2016
Here's Why the Gold and Silver Futures Market Is Like a Rigged Casino... / Commodities / Gold and Silver 2016
Clint Siegner writes: A respectable number of Americans hold investments in gold and silver in one form or another. Some hold physical bullion, while others opt for indirect ownership via ETFs or other instruments. A very small minority speculate via the futures markets. But we frequently report on the futures markets – why exactly is that?
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Monday, May 16, 2016
Double-Digit Yields from Stocks Around the World / Companies / Investing 2016
In this bulletin, Adrian Day reviews three companies with strong yields. All three are under some pressure, but equally all are solid companies with very attractive yields.
Ares Capital Corp. (ARCC:NASDAQ) (15.11, 10.1%) is a solid company, the largest of the dividend-paying BDCs. There have been some positive developments in the latest quarter: the Net Asset Value increased, modestly, again; there was improvement in the credit profile of its holdings; and it repurchased $5.5 million of its shares (though earlier in the quarter at lower prices).
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Monday, May 16, 2016
Stock Market One Big Inflection Point We Will Look Back On / Stock-Markets / Stock Markets 2016
This week will very likely be one we look back on as a big inflection point. We will see that the bears are coming back.
It appears the market is forming a head and shoulders topping pattern. Thre are a couple different ways to trade this pattern depending on the level of skill and aggressiveness.
One can wait for a closing bar below the ‘neckline’ on the time-frame in which you have identified the pattern. By operating on a closing bar basis you significantly reduce the risk of entering on a ‘false’ breakout. Entering prior to the close of the bar increases the risk of becoming part of the wick of a reversal candlestick should it close back above ‘neckline’ support.
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Monday, May 16, 2016
Why Puerto Rico Defaulted and Greece Did Not / Interest-Rates / Global Debt Crisis 2016
The Caribbean island of Puerto Rico is in the throes of a debt crisis that recently reached a breaking point when it missed a $422 million bond payment due May 2nd. When asked in a subsequent interview about the likelihood of making future payments on the remaining $72 billion of debt, Puerto Rican Governor Alejandro Garcia Padilla noted that the U.S. territory “does not anticipate having the money.”
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Monday, May 16, 2016
Stock Market Rally Back to the 4.5-year Trendline / Stock-Markets / Stock Markets 2016
SPX is above its 50-day Moving Average this morning. This has caused overlap in the decline and indicated something more bearish may result. Assuming that today’s Pi date is forecasting another Master Cycle low imminently, the overlap creates a (i)-(ii), i-ii scenario that suggests a flash crash may be in the making. This may be followed up by a plunge beneath the Head & Shoulders Neckline at 2040.00. The retracement may go as high as the 4.5-year trendline.
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Monday, May 16, 2016
Donald Trump, the King of Debt Seeks US Presidency / ElectionOracle / US Presidential Election 2016
During a lengthy interview on CNBC the week before last, Donald Trump, fresh from becoming the presumptive Republican nominee, came as close as any major presidential contender ever has to saying that America is not capable of repaying her debts in full, and that our path to economic recovery might involve some pain for our creditors. This moment of candor earned Trump almost as much condemnation as his earlier suggestions to ban Muslims from entering the United States.
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Monday, May 16, 2016
Stock Market Futures Flat. Mixed Signals Abound / Stock-Markets / Stock Markets 2016
SPX Premarket has been flat up until now. There may be a better indication of direction closer to the open.
The attempts at a bounce have been technical and haven’t had a large effect. ZeroHedge reports, “The main risk over the weekend was that markets, which have now dropped for three consecutive weeks the longest negative streak since January, would focus their attention on the latest batch of negative Chinese economic news released over the weekend, which missed expectations across the board, most prominently in Retail Sales (10.1% vs. Exp. 10.6%, down from 10.5%) and Industrial Production (6.0% vs. Exp. 6.5% down from 6.8%), an
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Monday, May 16, 2016
Stock Market Mixed Expectations Following Friday's Move Down - Will It Continue Lower? / Stock-Markets / Stock Markets 2016
Briefly: In our opinion, no speculative positions are justified.
Our intraday outlook is neutral, and our short-term outlook is neutral. Our medium-term outlook remains bearish, as the S&P 500 index extends its lower highs, lower lows sequence:
Intraday outlook (next 24 hours): neutral
Short-term outlook (next 1-2 weeks): neutral
Medium-term outlook (next 1-3 months): bearish
Long-term outlook (next year): neutral
Monday, May 16, 2016
Watch Out For Fees When Using Your Credit Card Abroad / Personal_Finance / Credit Cards & Scoring
Holidaymakers who are preparing to take a trip abroad may be busily sorting out their travel money and packing their last-minute essential items, which probably includes their debit or credit card.
Despite being a convenient payment method when at home, the latest research by Moneyfacts.co.uk reveals that debit cards and most credit cards charge for use abroad, which is why holiday-goers should consider taking out a more cost-effective card if they expect to use their plastic during a trip.
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Monday, May 16, 2016
Stock Market First Support Level Re-Tested / Stock-Markets / Stock Markets 2016
Current Position of the Market
SPX Long-term trend: The beginning of a lengthy correction is most likely underway!
SPX Intermediate trend: May be in the process of forming a H&S bull market top.
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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Monday, May 16, 2016
Defense Bill Coming This Week: A Boost for War and Tyranny / Politics / US Military
For many of us concerned with liberty, the letters "NDAA" have come to symbolize Washington's ongoing effort to undermine the US Constitution in the pursuit of constant war overseas. It was the National Defense Authorization Act (NDAA) for 2012 that introduced into law the idea that American citizens could be indefinitely detained without warrant or charge if a government bureaucrat decides they had assisted al-Qaeda or "associated forces that are engaged in hostilities against the United States." No charges, no trial, just disappeared Americans.
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