Thursday, February 11, 2016
2016 - Gold & Silver Rising: A Gold And Silver Bottom May Be In / Commodities / Gold and Silver 2016
We see the surface yet think it the whole; then discuss for hours what we think that we know
If a stock has "bottomed out", it means it might have reached its low point and could be in the early stages of an upward trend. Investors usually see a bottom as an opportunity to purchase securities when they are potentially underpriced…The bottom is used in technical analysis by defining the lowest level of support when charting a stock, commodity, index or economic cycle. http://www.investopedia.com/terms/b/bottom.asp
Last July, über market-timer Martin Armstrong predicted a gold bottom could happen between November 30th and December 7th or, during a certain week in early 2016 (known to his subscribers); and because I believe silver is subject to the same market forces as is gold, i.e. manipulation by the paper money cabal vs. free market supply and demand, a silver bottom would be in as well.
Read full article... Read full article...
Thursday, February 11, 2016
Stock Market Progress on the Downside... / Stock-Markets / Stock Markets 2016
SPX bounced from a lower low and retraced to challenge its Cycle Bottom at 1931.58. The bounce may be over. The next target is the Head & Shoulders neckline near 1798.00 to complete Wave [i] of C. This may be accomplished later today, with a Wave [ii] bounce at the close. I expect Wave [ii] to challenge the hourly Cycle Bottom again before the next big decline. Notice the opening gap wasn’t closed, denoting weakness and distribution.
Read full article... Read full article...
Thursday, February 11, 2016
Janet Yellen, the Japanese Yen and the Dead Cat Bounce / Stock-Markets / Financial Markets 2016
Transcript excerpt: Thursday February 11 2016 it's nine o'clock London time so 4 a.m. New Yorktime with eastern standard time very interesting developments this morning in
the financial markets mostly I think in response a bit in response to chairwoman
Janet Yellen testimony to the U S Congress to the house and the markets
prior to that testimony yesterday I think it was around the morning New York
time the market prior to that works stronger dollar was up almost 200 points
you know people expect and Janet Yellen 2012 the market and admit that the
economy was weakening and that imply that they would start raising rates but
she didn't do any of that she basically said that yeah we still we are watching
Read full article... Read full article...
Thursday, February 11, 2016
Stock Market Gap Down... / Stock-Markets / Stock Markets 2016
The SPX Premarket is down below the Wave A low at 1828.45. The Elliott Wave pattern has morphed into another A-B-C, due to overlap in the Wave structure. What we are looking at is a hybrid Wave pattern that I have not seen before…but it is consistent and repeating. There is not enough time to complete an impulse down to the bottom of Wave (3). However, there is enough time for a Wave C. It appears that a gap down open is in the cards.
Read full article... Read full article...
Thursday, February 11, 2016
Gold Price Surges 3.2% To $1,241/oz As Deutsche Bank, Stocks Fall Sharply / Commodities / Gold and Silver 2016
Gold has surged over 3% today on increased safe haven demand as stocks and in particular bank stocks see sharp falls. German shares have nose dived again and German colossus Deutsche Bank has fallen over 8%.
Read full article... Read full article...
Thursday, February 11, 2016
Australian Stocks Bear Market Just Beginning / Stock-Markets / Stock Markets 2016
The selloff in global equity benchmarks has been swift and punishing for long only investors as asset reallocation comes after the hangover of accommodative monetary policy. Australia in particular has not been immune from these developments, between dealing with a downturn in trade across the Asia-Pacific region and softer commodity prices. Aside from external factors, domestically, uneven growth and slowing inflation have seen the Reserve Bank of Australia ease policy multiple times in an effort to make conditions more attractive and insulate the region. However, as evidenced by the reaction in the Australian ASX 200 over the last week, global conditions and sentiment remain a key driver of momentum. With circumstances only set to worsen, the bearish outlook facing the Australian ASX will likely prevail over the medium-term.Read full article... Read full article...
Thursday, February 11, 2016
British Pound Rising Despite Negative Data / Currencies / British Pound
Trends in many of the financial markets have started to reverse course over the last few weeks with a few notable examples that have yet to be fully discussed. Some of the more closely watched examples here include things like gold and oil, which have come off sharply from their recent lows. But there are other examples that should be on the radar of UK traders, as the British Pound (GBP) is making some interesting reversals in its own right.
Read full article... Read full article...
Thursday, February 11, 2016
Stock Market Sells Yellen's 'Deer in Headlights' Congressional Testimony / Stock-Markets / Stock Markets 2016
Saxo Bank CIO and chief economist Steen Jakobsen phrased Fed Chair Janet Yellen's testimony before Congress this way: "The politicians were rude and pretty much clueless ... and Yellen often looked like a deer in headlights. Her performance today is probably the worst I have ever seen from seasoned central banker!"
Read full article... Read full article...
Thursday, February 11, 2016
Gain Trading Confidence by Improving Your Elliott Wave Analysis Skills - Video / InvestorEducation / Elliott Wave Theory
A lesson from Elliott Wave International's Jeffrey KennedyHow do you distinguish between a "good" Elliott wave count and a "bad" wave count?
In this lesson from our educational service for traders called Trader's Classroom, editor Jeffrey Kennedy walks you through the steps you should use to achieve a quality Elliott wave count.
Read full article... Read full article...
Thursday, February 11, 2016
Stock Market Positive Divergences...Market Wants Higher....Banks Atrocious....Fed Scary.... / Stock-Markets / Stock Markets 2016
The market is begging to move higher based on how far it has fallen in such a short period of time. Quite the intense move lower, but what makes it look so technically bullish short-term is the very powerful positive divergences that exist in many areas of the market. While the S&P 500 and Dow didn't make new lows you can see by the MACD's, if they had, they would have created massive, positive divergences. The Nasdaq has been lagging badly and did make a new low. That new low has the potential for a positive divergence to kick in. The divergence is nowhere near as powerful as those of the S&P 500 and Dow, but a divergence is a divergence, and the Nasdaq has one, smaller in size though it may be.
Read full article... Read full article...
Thursday, February 11, 2016
With A Gloomy Start To 2016, A Bust Seems Just Around The Corner / Stock-Markets / Financial Crisis 2016
Taki Tsaklanos submits: Markets have corrected substantially since the beginning of the year as most of the gains of the past two years have been erased. According to Bloomberg, 40 out of the largest 63 markets have dropped over 20%! The image below shows the performance of markets word-wide since their last peaks. Most markets are in a bear market phase or at best are experiencing a market correction. The world is red!
Read full article... Read full article...
Thursday, February 11, 2016
Through the Looking Glass on Interest Rates / Interest-Rates / Credit Crisis 2016
On January 29th, Japan's central bank governor, Haruhiko Kuroda, announced that the Bank of Japan would introduce a Negative Interest Rate Policy, or NIRP, on bank reserve deposits held in excess of the minimum requisite. The European Central Bank, and central banks in Switzerland, Denmark and Sweden have already partially blazed this mysterious trail. The banks have done so in order to weaken their respective currencies and to light a fire under inflation. Swiss national bonds now carry negative rates out to maturities of eleven years, meaning investors must lock up funds for eleven years to receive even a small positive nominal return!
Read full article... Read full article...
Thursday, February 11, 2016
Felix Zulauf talks Financial Repression and Warns of What is Ahead / Stock-Markets / Financial Crisis 2016
FRA Co-founder Gordon T. Long recently interviews Felix Zulauf, Founder and President at Zulauf Asset Management AG.
Felix Zulauf has worked in the financial markets and asset management for almost 40 years. He started his investment career as a trader for a large Swiss Bank and received training in research and portfolio management thereafter with several leading investment banks in New York, Zurich and in Paris. Felix joined Union Bank of Switzerland (UBS), Zurich, in 1977 and held several positions over the years including managing global mutual funds, heading the institutional portfolio management unit and at the same time acting as the global strategist for the UBS Group. After two years with a medium-sized Financial Organization as a member of the executive board, he founded his wholly owned Zulauf Asset Management AG in 1990, allowing him to independently practice his own individual investment philosophy.
Read full article... Read full article...
Wednesday, February 10, 2016
UK Interest Rates, Economy Forecasts 2016 and 2017 - Video / Interest-Rates / UK Interest Rates
Is the UK 6 year long panic low of 0.5% interest rates over? Are rates about to start on a trend towards normalisation as the Bank of England Governor Mark Carney was stating would happen barely 6 months ago? Or will the Bank of England remain paralysed by fear of a banking sector armageddon? And what are the interest rate implications from Britain's forthcoming EU referendum i.e. the risks of BrExit that could trigger much market uncertainty.
Read full article... Read full article...
Wednesday, February 10, 2016
World Markets Are in Sync / Stock-Markets / Financial Markets 2016
Good Morning!
In order to understand what is happening to SPX, we must also look at the other major indices to gain a perspective.
Yesterday the Nikkei declined to, but below a major support, otherwise known as a head & Shoulders neckline. This morning I can say that the Nikkei Index broke that support and is poised for the follow-through.
Read full article... Read full article...
Wednesday, February 10, 2016
If You Miss Buying Gold – You Will Regret, it Later / Commodities / Gold and Silver 2016
If you held LinkedIn, in your portfolio, you have lost more than 43% of your investment within a single day, and it is most likely to decline even further. In the current situation of flux, it is difficult to find an asset class where you can safely deposit your money. The stock market is dropping and has entered a bear market, the crude oil market continues to hit new yearly lows while, base metals have no buyers, making it difficult to find an asset class where one can invest. But in the sea of red, the oasis will be Gold.
Read full article... Read full article...
Wednesday, February 10, 2016
The Fed Doesn't have a Clue! / Interest-Rates / US Federal Reserve Bank
"The Fed doesn't have a clue!" - I allege that not only because the Fed appears to admit as much (more on that in a bit), but also because my own analysis leads to no other conclusion. With Fed communication in what we believe is disarray, we expect the market to continue to cascade lower - think what happened in 2000. What are investors to do, and when will we reach bottom?
Read full article... Read full article...
Wednesday, February 10, 2016
Mutual Funds, ETFs at Risk of a Run Warns David Stockman / Stock-Markets / Financial Crisis 2016
In one of his starkest warnings yet, Former White House Budget Director (Office of Management and Budget, OMB), David Stockman has warned that banks and the global financial system remain vulnerable and there is likely to be another global financial crisis which will be worse than the first involving “a run on mutual funds and ETFs.”
Read full article... Read full article...
Wednesday, February 10, 2016
Gold Obvious $1200 Cycle Top / Commodities / Gold and Silver 2016
I have to wonder if gold is going to give us the obvious cycle top at $1200 and reward all the shorts that sold yesterday, and reward the longs who took profits"
Read full article... Read full article...
Wednesday, February 10, 2016
How Far Can Gold Price Go? / Commodities / Gold and Silver 2016
Gold has broken higher through its long term downtrend line with the most recent rally. This break begs the question of how much longer gold can continue rallying. In this article we analyse the technical situation for gold to determine at what level gold is likely to cease rallying, the fundamentals in play, and what would have to change to cause a new bull market in gold.
Read full article... Read full article...