Wednesday, January 13, 2016
SPX May Complete Wave 2 this Morning / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
The SPX Premarket is higher this morning, but the retracement appears to have been finished in the overnight futures. That means the potential pop this morning may not last. Whether it goes higher than yesterday morning’s high at 1947.30 is yet to be determined.
There was a brief retracement to 118.18 in the USD/JPY from its overnight low. However, this appears to be the work of the HFT computers which can turn on a dime.
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Wednesday, January 13, 2016
The Bearish Turn In The Stock Market / Stock-Markets / Stock Markets 2016
By: Harry_Dent
Large-cap stocks opened this morning in the green, seeming to offer a little reprieve from an ultra-violent start to 2016. Small- and mid-caps weren’t so lucky. They’re continuing to rip through fresh new lows.
This has been the toughest bull market and bubble to call, as many leading indicators that we have used in the past simply don’t work since central banks hijacked the markets after 2008. But with these major divergences continuing to build, and after many years of the Fed’s zero-percent interest rates, it seems we’re finally coming close to the end.
Wednesday, January 13, 2016
This Current Spending Cycle Boom Will Not Continue / Economics / US Economy
By: Rodney_Johnson
In November of 2001 I was on an investment panel with three other people, including David Tice of Prudent Bear fame. He was riding high because, in addition to the recession of 2001, the markets had sold off after 9/11. His fund was doing well and he saw nothing but bad news for the economy and for him in the years ahead.Relying on demographics, I told him and the audience that America’s economy would rebound as consumers spent more, but would then suffer a terrible blow between 2008 and 2010.
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Wednesday, January 13, 2016
Obama's 2016 State of the Union Address - Brilliant Bullshit! / Politics / US Politics
By: Mike_Shedlock
On Tuesday evening I watched president Obama's state of the union address. It was brilliant.
Obama rang all the bells, dotted all the i's, and attacked all the ghosts. At times, he even made sense.
All in all, it was a brilliant effort, possibly his best speech ever, even though his speech was essentially bullshit.
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Wednesday, January 13, 2016
Stock Market Investors Stay the Course! Which One? / Stock-Markets / Stock Markets 2016
By: Axel_Merk
Each time I hear someone suggest investors should ‘stay the course’ as markets tank, I fear such well-intentioned advice fails to adequately capture the predicament investors are in. Worse, the ‘stay the course’ mantra may set many investors up for failure.
Wednesday, January 13, 2016
WTIC Crude Oil and Silver Charts / Commodities / Commodities Trading
By: Gary_Savage
At 63% below the 200 week moving average the price of oil has gone "parabolic" to the downside. Silver is due for an intermediate degree rally. Read full article... Read full article...
Wednesday, January 13, 2016
Paper Gold: Utopia for Alchemists / Commodities / Gold and Silver 2016
By: GoldCore
John Hathaway, respected authority on the gold market and senior portfolio manager with Tocqueville Asset Management has written an excellent research paper on the fundamentals driving the gold market today.
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Wednesday, January 13, 2016
Escalating Crisis of the Muslim World for the Koranic Backing of Radical Islam, Terrorism and Sunni – Shiite Clashes / Politics / Religion
By: Dr_R_M_Mathew
Till the end of the twentieth century over 90 % of the world Muslims and almost all the rest of the Humanity believed that Islam was a Religion of Peace and it was one of the best religions having solutions to most of the problems of the Humanity. People belonged to other religions or even irreligious people had been attracted towards Islam or converted to Islam for the example of peace-loving and spiritual Muslims, including Sufis. Read full article... Read full article...
Wednesday, January 13, 2016
BP Upstream Getting Crushed / Companies / Oil Companies
By: AnyOption
BP’s announcement earlier of another 4,000 job cuts on top of existing measures designed to ease the pressure of rapidly tumbling oil prices comes as no surprise, especially with crude oil prices tumbling to a brand new multi-year low. The industry has fallen to such depths that the Saudi’s are even contemplating taking a piece of their petroleum empire public to raise desperately needed cash to continue waging their price war. However, the current British Petroleum is on Saudi Aramco, and stands as a shadow of its former self. Now, with oil prices set to stay depressed for an indefinite period of time, BP is trimming what remains of the company to weather the storm while trying to boost shareholder value.Read full article... Read full article...
Wednesday, January 13, 2016
The Fed Continues Giving Money to Wall Street Even Without QE / Stock-Markets / Stock Markets 2016
By: Graham_Summers
Stocks will likely rally this week for the simple reason that it is options expiration week.
The Fed almost always gives Wall Street extra money to play around with during options expiration.
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Wednesday, January 13, 2016
Are Stocks About to Crash? / Stock-Markets / Financial Crash
By: Graham_Summers
The stocks futures markets are off the lows from last week as traders are playing for the usual Monday rally.
However, the fact remains that the technical damage from last week’s breakdown has been SEVERE. Stocks even violated the “neckline” on the Head and Shoulders pattern they’ve carved out since early 2014.
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Wednesday, January 13, 2016
SP500 and NDX Calming the Herd / Stock-Markets / Stock Markets 2016
By: Jesse
Stocks managed to hang on to a bounce.
The NASDAQ marked its first 'green' close for 2016.
There was little in the way of economic news.
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Wednesday, January 13, 2016
The Chinese Stock Market Crash / Stock-Markets / Chinese Stock Market
By: BATR
When the international financial press presents their standard explanation for the panic decline in the Chinese stock market, most want to tamp down the acute apprehension that the long awaited global depression is now at hand. Well, the International Business Times in their account on the China Stock Markets, makes a very insightful appraisal.
Tuesday, January 12, 2016
Feeling Abandoned, Saudi Arabia Ups the Ante / Politics / Saudi Arabia
By: John_Browne
Last week a major diplomatic crisis developed between Saudi Arabia and Iran over the Saudi execution of Nimr al Nimr, a charismatic Shiite cleric and anti-Sunni political activist. Nimr's execution was an important political decision. On its face, it served to increase tensions in the developing struggle between Saudi Arabia and Iran for regional influence, a drama that has come to full boil as a result of decades of American policy mistakes. This Middle Eastern cold war, which divides Islam along Sunni/Shia sectarian lines, now threatens international oil supplies and regional peace.
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Tuesday, January 12, 2016
Peak Bull Crap - How Oil Futures Curve Have Little Predictive Value / Commodities / Crude Oil
By: EconMatters
The oil market is the hot market right now from a news generation standpoint. But there are a lot of people writing and even trading in the oil market that frankly don`t have any clue what they are talking about. I have read some real rubbish the last few months regarding the oil market, and with the recent fall in prices, the last few days have been characterized by peak bull crap. Maybe if anything else this is an indication of the bottoming process in oil. Sort of like all those do it yourself Gold Mining shows hitting the reality television scene pretty much nailing the near term top in the gold market.
Tuesday, January 12, 2016
British Pound: a Harbinger of Global Financial Mayhem - Video / Currencies / British Pound
By: Mario_Innecco
Transcript Excerpt: January 12 2016 Tuesday afternoon here in london 330 London time or 1030 New
York Times just a quick video on the british Pounds British Pound is part of
the SDR basket and I spoke earlier late last year when the Chinese you one was
admitted into the SDR basket that the pound took the brunt of the hey don't
exactly remember the percentage in percentage terms how much the British
Pound lost in terms of the SDR basket to put a link to that video below at the
time though I said it should be bad for the pound and lo and behold the pound
continues to drop by is getting precipitous at the moment in my opinion
you know all the talk is about emerging market currencies devaluing the you want
to value when but you hardly ever hear anything here in the UK the mainstream
that are British Pound is actually being stealthy and that can't be good for our
Tuesday, January 12, 2016
Stock Market Rally is Running Out of Time / Stock-Markets / Gold and Silver Stocks 2016
By: Anthony_Cherniawski
Odds are running high that the retracement rally may be over already. SPX appears to have completed a 23.6% retracement and may be ready to resume its decline. Note the reversal in the RSI at 50. This is another possible signal of a strong decline (Waves 3 or C).
Confirmation is not yet in. We must see the 2-hour chart show the SPX price level stay below 1927.65 and below the daily Cycle Bottom at 1926.30.
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Tuesday, January 12, 2016
A Bottom in the Stock Market / Stock-Markets / Stock Markets 2016
By: Ed_Carlson
My December 15 commentary included a forecast for a high in equities near December 24. The eventual high which led to last week's big sell-off came two trading days late on December 29. In this week's commentary we turn our attention to forecasting a bottom to the current decline in equities.
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Tuesday, January 12, 2016
Silver, Silliness, Gold, and Risk / Commodities / Gold and Silver 2016
By: DeviantInvestor
The movie “The Big Short” features Michael Burry. His statement from Zerohedge:
“It seems the world is headed toward negative real interest rates on a global scale. This is toxic. Interest rates are used to price risk, and so in the current environment, the risk pricing mechanism is broken.”
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Tuesday, January 12, 2016
Stock Market Retracement is Already Underway / Stock-Markets / Financial Markets 2016
By: Anthony_Cherniawski
Good Morning!
SPX Premarket is higher by 18 points at present. However, it had declined in the overnight futures to the cash equivalent of 2006.00, then rallied higher from there, fulfilling the requirement for Wave b and launching Wave c.
The current price at 2043.60 is only the Fibonacci 23.6% level. As mentioned yesterday, 1970.03 (at the same level as the 4.25-year trendline) is the 38.2% retracement level.
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