Thursday, May 12, 2016
Investing 101: Be Patient When Markets Are Looking For A Trend / Stock-Markets / Stock Markets 2016
There is nothing as powerful as a market that is trending. Think of the U.S. stock market in 2013/2014, or gold in 2010/2011. For short sellers, the crude oil market in 2015 was a wet dream.
What we currently see, however, is a neutral market. There is no trend, and that is by far THE most difficult thing to deal with, at least for the majority of investors. In a trendless environment, investors feel the need to “do something”. When you think about logically, you will conclude that it is better to give trendless markets time so they can choose a direction. While that is correct in theory, it appears not as simple in reality. Does that sound familiar?
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Thursday, May 12, 2016
How Recent Foreign Currency Fluctuations Affected Major Stocks / Companies / Company Chart Analysis
Investors can never shy away from the stock market because of the several benefits that come with investing in income generating assets. However, over the last few quarters, this market has been greatly affected by the non-income generating assets such as commodities and currencies.
Even the most popular stocks have not been spared in this case. Multinational companies listed on major exchanges such as the NYSE, NASDAQ and the London Stock Exchange have been affected by global currency fluctuations as the USD, the GBP and JPY among other major currencies continue to fluctuate from one reporting quarter to the next.
Wednesday, May 11, 2016
BBC Global 30 Index signalling That Stocks Bull Market is Not Over / Stock-Markets / Stock Markets 2016
All men can see these tactics whereby I conquer, but what none can see is the strategy out of which victory is evolved. Sun TzuThis index gives one an idea of how the global economy is doing; it combines the economic information of 30 of the world’s largest companies. If it is faring badly, then it’s a signal that the global economy is not holding up well.
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Wednesday, May 11, 2016
Stocks Bull Market Is Exhausted; Make the Move to Gold / Commodities / Gold and Silver 2016
Legendary investor Stan Druckenmiller, founder of Duquesne Capital Management LLC, told the Sohn Investment Conference in New York last week that he is bullish on gold and bearish on the stock market. Gold, he told the conference, "is our largest currency allocation."
Druckenmiller recommended that investors sell their equity holdings. "The bull market is exhausting itself," he told the conference. A major factor has been the Federal Reserve's easy money policy, which has resulted in "reckless" corporate behavior.
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Wednesday, May 11, 2016
Finance + Stress = Suicide / Politics / Social Issues
Last night, I made it back to Athens, still half a cripple, but there must be someone in this city who knows how to stick needles in the appropriate muscles, right?!, paid the rent for the Social Kitchen big house/nerve center late this morning, a tough 1 mile walk for my leg muscles -they kill me!-, still, that’s done, and hoping to get back to writing articles very soon, but having an ouzo right now just to make sure I blend in with the Romans. One can never be too sure.
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Wednesday, May 11, 2016
A Perspective on the Markets / Stock-Markets / Financial Markets 2016
Good Morning!
I wanted to do a survey of the major domestic stock indices to get a “feel” for where we may be.
The first is the NDX, which has the cleanest pattern. Note the clear (no overlap) pattern in the decline. This decline begs to be extended in a series of impulsive declines. In a measured decline, the NDX may drop to 3724.00, below both the February and the August lows.
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Wednesday, May 11, 2016
Gold Bullion Is “Long Term Insurance Policy” – HSBC’s Steel / Commodities / Gold and Silver 2016
Gold bullion is a “long term insurance policy” according to James Steel, chief commodities analyst at HSBC, who spoke with Tom Keene about what’s driving gold markets on “Bloomberg Surveillance” yesterday.
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Wednesday, May 11, 2016
Brexit Used as Scapegoat for Deliberate UK Inflationary Policy - Video / ElectionOracle / EU_Referendum
Transcript Excerpt: hi its Wednesday May 11th 2016 I'm going to be talking here about Forex it and
inflation in the UK there is an article out in the Telegraph taco dot UK website
major UK newspaper The Daily Telegraph and the headline set backs it four
straight up to three and a half percent within 18 months says newest MPC member
or monetary policy committee member he used to be chief economist at citibank
his name is Michael Saunders and the reason he's saying that he is that he
thinks if the UK vote to leave the European Union or breaks it that the
pound dropped fifteen to twenty percent and that could drive up inflation as the
pound dropped in value which makes sense I agree for once I agree with...
Wednesday, May 11, 2016
Can You Actually Live Too Long? / Economics / Demographics
The mainstream media has your number. You make too much money, you don’t pay enough in taxes, and you get too many tax deductions.Now there’s a new charge to add to the list – you live too long.
We all know that Social Security favors low-income workers. As the graph illustrates, for those at the low end of the average wage scale, Social Security replaces a little more than 50% of their income.
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Wednesday, May 11, 2016
Saudi Aramco Oil Sale? I Won’t Buy It / Commodities / Oil Companies
Saudi Arabia has a problem. The country’s wealth is completely dependent on oil revenue, which state officials use to bribe the population into submission.But with the price of oil hovering in the mid-$40s, after falling from over $100 in recent years, the Saudis have been dipping into their national piggy bank to make good on their social promises.
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Wednesday, May 11, 2016
UBL Slashes Best Fixed Rate Cash ISA by 23%! - Urgent Action! / Personal_Finance / ISA's
UBL's (United Bank UK) best buy fixed rate cash ISA that I have been tracking or a while has had its interest rate slashed by a whopping 23% on the 10th of May 2016 to a mere pittance of just 1.7% for a 5 year fix down from 2.2%, with similar deep cuts on other fixed terms as the following table illustrates.
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Wednesday, May 11, 2016
BrExit Freedom - New Dawn, New Life for Britain on 23rd June EU Referendum / ElectionOracle / EU_Referendum
Operation Fear, (REMAIN Camp) keeps ratcheting up the threat of what awaits Britain should the people choose to vote for freedom on June 23rd. The most recent warnings of which were literally that BrExit trigger a world war, a nuclear apocalypse. Which is completely ignorant of the fact that it is NATO and not the EU which has kept the peace for over 70 years, including defeated the Soviet Union, NATO not the EU! Whilst FEAR also appears to be the primary message out of the LEAVE camp, Fear of out of control immigration, fear of EU bailouts forever, which whilst being far closer to the truth than the REMAIN camps fear mongering, nevertheless the messages of FEAR are all prevailing, frightening and turning people off. So instead I offer my latest video as a message of HOPE (mostly), a message of a New Dawn, New Life for Britain, summed up in one word FREEDOM!
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Wednesday, May 11, 2016
Reviewing the Basics of the Elliott Wave Principle: The Ending Diagonal / InvestorEducation / Elliott Wave Theory
Free Lesson from Jeffrey Kennedy's Trader's Classroom
The Wave Principle classifies price action as either motive or corrective. Motive waves move in the direction of the trend and include impulse waves and diagonals. Today, you can listen to a lesson from Jeffrey Kennedy's Trader's Classroom in which he teaches you about basics of the ending diagonal and why this pattern is so dynamic. You'll then see an example in the chart of United States Steel Corporation (X).
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Wednesday, May 11, 2016
CBOE Stock Market Volatility Index / Stock-Markets / Stock Markets 2016
The VIX gave up 0.98 points last week to close at 14.72 after peaking on the expected short-term cycle high on Wednesday. Since March, the VIX has been turned back by resistance at 16.40 several times highlighting the importance of this level. A breakout from 16.40 will be very bearish for equities. Last Friday was an expected 34-day cycle low. The weekly Coppock is very oversold warning of a tradable rally in the VIX (bearish equities).
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Wednesday, May 11, 2016
Commercial Gold 'Hedgers' Turn Up the Heat / Commodities / Gold and Silver 2016
Michael Ballanger discusses the most recent COT report, which shows levels not seen since 2010–2011.
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Wednesday, May 11, 2016
How Strong is The U.S. Economy Really? / Economics / US Economy
In the six years since the recovery began, there has been endless debate over the strength of the U.S. economy. There are basically two sides of the debate. Those taking the positive side maintain the economy has almost returned to its pre-crisis levels and is on a firm footing. The opposing camp maintains that while the upper classes are in fine shape, the middle class is still hurting from the residual damage inflicted by the housing bubble implosion and credit crash. Is one side entirely mistaken or is there truth to both assertions?
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Tuesday, May 10, 2016
Inflationist Gold Bugs Have Driven the Rally / Commodities / Gold and Silver 2016
[edit] The post began as a simple view of the inflationary dynamics in play within the precious metals market but as sometimes happens it, err… expanded. Please excuse the wordiness. But I would rather be wordy and try to make points backed in facts and data than backed only by my biased ego.
Not that I have proof (re: the title), but I do have some charts to help make the point that people who bought gold and gold stocks due to inflation fears have been driving the gold sector higher since March.
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Tuesday, May 10, 2016
SPX May Have Fulfilled its Retracement Requirements / Stock-Markets / Stock Markets 2016
SPX has challenged its hourly mid-Cycle resistance at 2078.02 and pulled back. It has now completed 94 hours at 1100 hours from the April 20 high at 2111.04. An interesting Cycle measure comes up here. It is 3.1416 X 30 hours = 94.25 hours. This suggests the rally may be over at or near 1115 hours. The European market closes at 1130, so there may be some linkage between markets.
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Tuesday, May 10, 2016
Bitcoin Price Space for Move up Limited / Currencies / Bitcoin
In short: short speculative positions, target at $153, stop-loss at $515.
A Swiss town is now embracing Bitcoin in an experimental move, we read on the Engadged website:
Most experiments in paying with digital currencies have come from private companies, but the Swiss town of Zug is trying something different. As of July 1st, the community is launching a trial that will let you pay for public services using Bitcoin -- as long as you're shelling out the equivalent of 200 francs ($206 US) or less, you can skip old-fashioned money. The trial will run through the rest of 2016, though whether or not it lives beyond that depends on the town council's findings.
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Tuesday, May 10, 2016
Greece Again Surrenders to Troika Bandits / Politics / Eurozone Debt Crisis
On Sunday, long-suffering Greeks suffered another body blow. Parliamentarians voted 153 to 143 for greater austerity than already, exclusively benefitting Western bankers and large investors, social justice entirely ignored.
A three day anti-austerity strike featured protests and sit-ins. Large parts of Greece’s economy were shut down, including transport, schools and other public services to no avail.
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