Monday, April 11, 2016
Subprime Debt Makes a Comeback; Auto Loan Crisis is Here / Interest-Rates / Global Debt Crisis 2016
"A great calamity is as old as the trilobites an hour after it has happened." ~ Oliver Wendell Holmes
Greed and recklessness continue to govern the markets; nothing was learned from the 2008 financial crisis. Hence, history is destined to repeat itself, and this might occur a lot faster than most anticipate. Fitch states that Subprime Auto bond delinquencies are at a 20 year high.
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Monday, April 11, 2016
HUI Goldbugs Index : Some Perfect Chartology / Commodities / Gold and Silver Stocks 2016
Below is a daily chart for the HUI which shows one of the original patterns that formed the, what turned out to be a Diamond reversal pattern to the upside. There are at least several more reversal patterns that formed at this most important low. As you can see the Diamond had seven reversal point making it a reversal pattern to the upside. The breakout was accompanied by a gap and then a backtest to the top rail. Everything looked good to go at that point then after just four days of rallying the HUI quickly reversed direction and traded below the apex of the blue triangle which is not what I wanted to see as that usually is a bearish setup in this case.
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Monday, April 11, 2016
Energy Sector Set To Save the Stock Market / Stock-Markets / Stock Markets 2016
Over the past few week, we have seen the price of crude oil pullback from its recent high of $42 per barrel level. Last week April 4-8th the price of crude oil pulled back to a technical support zone and then posted a strong gain closing the weekly chart at the high.
Based on short-term technical indicators, along with the current momentum which crude oil has, I feel we will see the recent highs of $42 a barrel tested once again.
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Monday, April 11, 2016
Crude Oil Stocks - For the Bulls or Bears? / Commodities / Oil Companies
In the previous month, crude oil extended gains and climbed above the barrier of $40. Despite this improvement, the combination of resistance levels encouraged oil bears to act, which resulted in erasing 40% of the previous upward move. What happened at the same time with oil stocks? What's next for the XOI? Let's jump right into charts (chart courtesy of http://stockcharts.com ) and find out what can we infer from them about future moves.
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Monday, April 11, 2016
SPX May Have Topped this Morning / Stock-Markets / Stock Markets 2016
SPX topped out at 2062.93 and promptly turned back down. New short positions may be added here. Confirmation comes beneath Short-term support at 2051.37. Stops may be put in at 2065.00 to 2067.50.
ZeroHedge comments, “This morning's 160 point spike in Dow Futures - out of nowhere - was predicated on hopes of an Italian bank bailout. While this may seem like an odd reason to "buy buy buy" US equities, in the new normal, it really is not.. and when put in context, the 'bounce' in EU banks should do more to scare than soften investors' concerns...”
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Monday, April 11, 2016
Commercial Gold Traders Appear to be Losing Their Grip! / Commodities / Gold and Silver 2016
For years the best trading strategy in gold and silver has been to buy when the ‘net short’ position of commercial traders was low, and sell when the numbers were high.
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Monday, April 11, 2016
UK Government EU Referendum Propaganda Leaflet Backfires as Anger Spurs BrExit Support / ElectionOracle / EU_Referendum
The Conservative government's baldrick-esk cunning plan of using £10 million of tax payers money to send out 27 million pro-Remain propaganda leaflets to Britains households looks to have badly backfired as its announcement has increasingly been met with a wall of anger from the electorate at what is seen as blatant attempts to gerrymander the election by the establishment by spending TAX PAYERs money on a leaflet the cost of which is EXCLUDED from the supposed £7 million election spending limits for either LEAVE or REMAIN camps.
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Monday, April 11, 2016
Time to Invest for Stagflation / Stock-Markets / Stagflation
Whether you call it a 1970's style stagflation or, as we call it, a recessflation, investors need to prepare their portfolios to profit from a protracted period of rising prices in the context of zero growth. Here are some facts: Growth in the U.S. has averaged just 2% since 2010. However, Q4 2015 GDP growth grew at a 1.4% annualized rate and the Atlanta Fed model has Q1 GDP growth slowing to just 0.1%. The simple truth is that the rate of growth is slowing towards 0%, just as asset prices continue to rise to record levels due to vast intervention from central banks.
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Monday, April 11, 2016
Bank Bail-Ins In EU as Heta "Bailed In" In Austria / Stock-Markets / Credit Crisis 2016
Bank bail-ins in the EU are here after Austria’s financial markets regulator FMA imposed a hefty haircut on creditors in an Austrian bank. Creditors in the bank Heta Asset Resolution will receive less than half of their money back according to the country’s financial regulator, the FMA.
Senior bondholders in the so called “bad bank” could expect to receive around €0.46 for each euro which would be paid from the realisation of assets by 2020, according to the FMA statement. It said that this had been calculated using “very conservative” assumptions.
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Monday, April 11, 2016
Still No Clear Stock Market Short-Term Direction As Investors Await Quarterly Earnings / Stock-Markets / Stock Markets 2016
Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,100, and profit target at 1,950, 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
Monday, April 11, 2016
Buy-to-let Mortgage Providers Slash Interest Rates / Housing-Market / Buy to Let
The buy-to-Let (BTL) market has recently been under extra pressure thanks to stamp duty changes and recently-announced affordability tests, so a sudden rise in mortgage rates would not have been unexpected. However, research from Moneyfacts.co.uk can reveal that, in fact, the opposite has occurred.
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Monday, April 11, 2016
Market Manipulation for Dummies - Video / Stock-Markets / Market Manipulation
Transcript excerpt: hi it's Monday April we laugh and 2016 it's about 9:40 London time in the
morning and I'm gonna talk about market manipulation and it's always strange
subject because we can't really prove it because we can't go to the banks warned
treasury departments of countries and say oh did you intervene you know at
such-and-such a time because they say oh we can't divulge exact client private
client information
well I'll start today and not put a link these photos on you know below in the
description because I can't really showed them because they're Getty Images
by you have a link to the website and photos and it says John snow towards
Monday, April 11, 2016
Gold Mining Shares Topping, Drop Due / Commodities / Gold and Silver Stocks 2016
Either we saw a top in the mining shares Friday or we will see it on Monday. The cycles suggest a low around April 19th and the e-wave pattern suggests a continuation higher after the bottom is put in, likely into early June.
The 8 year low still looms in the fall. I still believe we will see lower prices after the spring rally terminates, and lower stock prices and a strong dollar play havoc with the commodity sector.
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Monday, April 11, 2016
As Ukraine Collapses, Europeans Tire of US Interventions / Politics / GeoPolitics
On Sunday Ukrainian prime minister Yatsenyuk resigned, just four days after the Dutch voted against Ukraine joining the European Union. Taken together, these two events are clear signals that the US-backed coup in Ukraine has not given that country freedom and democracy. They also suggest a deeper dissatisfaction among Europeans over Washington's addiction to interventionism.
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Monday, April 11, 2016
Stock Market Beginning A Topping Pattern? / Stock-Markets / Stock Markets 2016
Current Position of the Market
SPX Long-term trend: The beginning of a lengthy correction is probably underway!
SPX Intermediate trend: Potential rally 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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Sunday, April 10, 2016
“Pope” Francis and the Disintegration of Europe / Politics / Religion
Despite being rebuked and humiliated by the Republican presidential front runner over his inflammatory statements about U.S. illegal immigration policies, Newpope Francis of the Vatican II sect has continued to opine about the migration crisis.
In an address to a Newcatholic French group, Bergoglio admitted the obvious: “We can speak today of [an] Arab invasion. It is a social fact.” Yet, despite the horrific consequences of this fact, mostly orchestrated by New World Order groups and organizations of which his church is a part, Newpope amazingly contends that this will eventually be a positive thing for Europeans: “How many invasions has Europe experienced in the course of its history! But it’s always been able to overcome them and move forward, finding itself complimented and improved by the cultural exchange they brought about.”*
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Sunday, April 10, 2016
The Curious Case of Iran’s Stock Market / Stock-Markets / Iran
The recent removal of sanctions against Iran will prove to serve as a major economic catalyst for Iran, and investors should begin to start noting the opportunities of Iran’s stock market and economy. Iran is by no means a small contributor to the global economy, and apart from the country’s ability to thrive amid low oil prices, it is also a key global contributor in the following areas:
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Sunday, April 10, 2016
Deportations to Begin - Headlines from Trump's America 2017 / ElectionOracle / US Presidential Election 2016
These are headlines from the Boston Globe, April 9, 2017:
“DEPORTATIONS TO BEGIN — President Trump calls for tripling of ICE force; riots continue.”
The $400 billion deportation program promises to be one of the most disruptive government actions attempted since desegregation. Economists estimated ICE [Immigration and Customs Enforcement] would need more than 900,000 agents to complete the deportations in the next two years.
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Sunday, April 10, 2016
Apple (AAPL) Stock Price Set To Fall / Companies / Apple
Apple Inc (AAPL) is involved in the design, manufacture and marketing of mobile communication and media devices, personal computers and portable digital music players. It is listed on the NASDAQ with a market capitalisation of around $600 billion. Price last traded at $108.66.
Let's take a top down approach beginning with the quarterly chart.
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Sunday, April 10, 2016
EU Referendum UK Government Propaganda Leaflet Facts Check / ElectionOracle / EU_Referendum
The Conservative government over the next few weeks will send out a propaganda leaflet to 27 million households at a cost to British tax payers of over £9 million in an attempt to convince the electorate to vote to remain in the European Union that this video attempts to facts check whether the claims stand up to close scrutiny or not.
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