Tuesday, December 29, 2015
The World is Safer For Big Government, War and Fiat Money / Politics / Social Issues
Highlights Tuesday December 29 2015 this morning I'll be making a video about how
democracy has made the world safe for big government war and fear money and
you have been thinking about this subject for the last day or so and it's
very interesting because this morning . LBC radio there was a presenter called
me in pain and he was talking about the new law that has gonna come into books
in the UK and he talked about it on Twitter Ian Payne the radio presenter on
LBC and he said and I quote social media bosses face two years jail time if they
warned uses mi5 are watching them so basically here in the UK
you know the boss is a Google Facebook Twitter all the companies that give
people access to social media they'll be arrested for two years they could face
arrest forty years if they warn you know their customers that mi5 which is the....
Tuesday, December 29, 2015
Gold and Silver COTs Feature Short Covering / Commodities / Gold and Silver 2015
As suspected, the gains seen last week in both gold and silver ( and copper for that matter) were primarily the result of short covering. My view is that the bulk of this was tied to year-end book squaring ahead of Christmas and the New Year's holiday.
Starting with gold...
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Tuesday, December 29, 2015
US Dollar Bull Market / Currencies / US Dollar
DXY fell 0.72% last week and closed at 98.01 (below the 13-dma) after printing an engulfing bearish candlestick on Friday. 14-day RSI was unable to stay above its 20-dma during the previous week’s rally and 3-day RSI remains below 80; bearish. Not surprisingly, DXY looks similar to the pattern in TNX – the interest rate on the ten-year treasury.
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Tuesday, December 29, 2015
2016 Is An Easy Year To Predict / Politics / Social Issues
No year is ever easy to predict, if only because if it were, that would take all the fun out of life. But still, predictions for 2016 look quite a bit easier than other years. This is because a whole bunch of irreversible things happened in 2015 that were not recognized for what they are, either intentionally or by ‘accident’. Things that will therefore now be forced to play out in 2016, when denial will no longer be an available option.
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Tuesday, December 29, 2015
Stock Market Of Nothing....What Is It Waiting On?.... Sentiment Bullish... / Stock-Markets / Stock Markets 2015
We've all seen markets that seem to go nowhere day after day. In fact, month after month, but this market is really tough on the nerves and one's emotions. We have spent a year at the flat line, but it's not just that it's flat, it's how it's going about its business. There are just no moves that sustain themselves. It would be fun if we could ramp up and ramp down, but we do neither for the most part. Some bigger moves for sure along the way, but in reality very few of them thus there's that word we all hate again, but there's no CONVICTION. Neither side is showing the ability to establish itself. No accumulation off bottoms. No distribution off tops. Nothing from nothing.
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Tuesday, December 29, 2015
Gold and Silver Forecast 2016 / Commodities / Gold and Silver 2015
Clint Siegner writes: Looking Ahead to 2016
Forecasting today's volatile, high-frequency machine driven and manipulated futures markets using fundamental analysis is futile, as a great many precious metals bulls will attest. To complicate matters, an obsession with Fed policy dominates all markets. Officials at the Federal Reserve are often less than forthcoming and are just as bumbling as the Soviet bureaucrats when it comes to centrally planning our economy.
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Monday, December 28, 2015
Chinese Markets Short Term Mess But Long Term Opportunity? / Stock-Markets / Chinese Stock Market
A bird doesn't sing because it has an answer, it sings because it has a song. Maya Angelou
In the short term, China is still a mess, and the reasons are all but obvious. Greed and stupidity fuelled the bubble that popped back in June of this year. Some estimates put the number of individuals opening new accounts without high school diplomas at over 60%. Secondly, a large portion of these investors were playing the markets with borrowed money, otherwise known as trading on margin. Making matters worse to circumvent the limits placed by regular margin trading, many turned to the shadowy banking sector, where one could borrow up to ten times the value of one’s stock holding. At the height of the mania over 500,000 new brokerage accounts were being opened per week, a clear sign that the masses were ecstatic and believed that the market could only trend higher. When you couple Greed with stupidity, the result is always unpleasant.
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Monday, December 28, 2015
Stock Market Aggressive Sell Signals / Stock-Markets / Stock Markets 2015
SPX appears to be testing the trendline of its Orthodox Broadening Top formation and is expected to make a small bounce. At this moment, I would call the status of its current position as an aggressive sell signal, while a drop beneath the trendline at 2041.00 would turn it to a confirmed sell.
The famous stock trader, Jesse Livermore once said, “Money is made by sitting, not trading.” In this case, a short position carried since our first sell signal in early November still has value, while attempting to trade the Triangle would have led to a series of frustrations, if not losses.
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Monday, December 28, 2015
What Are The Chances For Peace in 2016? / Politics / US Military
Each year more than one trillion dollars goes up in smoke. More accurately, it is stolen from the middle and working classes and shipped off to the one percent. I am talking about the massive yearly bill to maintain the US empire. Washington's warmongers have sold the lie that the military budget has been gutted under President Obama, but even when the "Sequester" was in effect military spending continued to increase. Only the pace of increase was reduced, not actual spending.
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Monday, December 28, 2015
Silver Price Tradeable Rally Probable / Commodities / Gold and Silver 2015
I'm of the opinion that the metals have probably formed at least an intermediate bottom, and are ready to generate a trade-able rally over the next 4-8 weeks"
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Monday, December 28, 2015
Do the Consumer Reports Drive the Gold Price? / Commodities / Gold and Silver 2015
GDP, employment and inflation are a Holy Trinity of economic indicators. However, reports on consumer activity are also extremely important for the financial markets. It is not surprising: consumers are the ultimate rulers of the economy and their actions affect GDP, corporate profits and stock prices, labor market, inflation, the housing market and so on. There are several ways of measuring consumer activity, but it is the Personal Income and Outlays report that is the most widely watched data on consumer spending. The report includes data both on personal income and personal consumption expenditures (PCE). The latter primarily measures consumer spending on goods and services in the U.S. economy. It indicates the economic growth, since it is released monthly (while GDP is published quarterly) and it accounts for about two-thirds of the final domestic spending. Therefore, it should move very closely together with the GDP. Does it really do so? Let’s look at the chart below.
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Monday, December 28, 2015
SPX, TNX Both Threatening a Breakdown / Stock-Markets / Financial Markets 2015
Good Morning!
The SPX Premarket is down nearly 8 points as I write. It is possible that it has formed another Triangle formation, just as it did prior to the August panic. If so, we may see a break to the downside sometime this week. Most other analysts are focused on the idea that this is bullish. A break of the lower trendline will be proof that it isn’t.
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Monday, December 28, 2015
Stock Market No Clear Short-Term Direction - Topping Pattern? / Stock-Markets / Stock Markets 2015
Briefly: In our opinion, no speculative positions are justified.
Our intraday outlook is now neutral, and our short-term outlook is neutral:
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): bullish
Monday, December 28, 2015
Happy Hunger Games - The Odds are Never in Your Favor / Politics / Social Issues
The irony of the phrase "may the odds be ever in your favor" is not lost on the readers of the Hunger Games trilogy of novels or the film adaption. Despite the grimness of the story, over 65 million copies of the books have been sold. The total box office take so far has exceeded $1.4 billion for the four movies. The dystopian series tackles real issues like severe poverty, starvation, torture, oppression, betrayal and the brutality of war. It doesn't fit into the standard film making success recipe of feel good fluff, politically correct storylines and happy endings. Each film in the series gets progressively darker, with the final episode permeating doom and gloom. The books and the movies capture the deepening crisis mood engulfing the world today. And they realistically portray the world as a place where there are no good guys in positions of power. The ruling class, in all cases, is driven by a voracious appetite for supremacy, wealth, and control.
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Monday, December 28, 2015
This Is What Gold Does In A Currency Crisis, Canadian Dollar Edition / Currencies / Canadian $
Along with the currencies of most other commodity-exporting countries, the Canadian dollar has been in near-freefall lately.
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Monday, December 28, 2015
Crude Oil, SP500, Exxon Mobil - When Will They Bottom? / Stock-Markets / Financial Markets 2015
A full blown bear market in energy resources and energy stocks has been underway since mid-2014. History shows that the price of crude oil typically bottoms before the broad stock market. And oil related stocks bottom at the same time or later than the broad market.
The monthly chart below shows how oil bottoms several months before the stock market does. This provides us with some insight on when we should start to expect a bear market to end in the US stock market.
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Monday, December 28, 2015
Stocks Bear Market is On Hold For Now / Stock-Markets / Stock Markets 2015
Current Position of the Market
SPX: Long-term trend - Still Bull Market?
SPX: Intermediate trend - The index may have made a secondary top at the 2104 level and started another decline of intermediate duration.
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, December 27, 2015
UK Climate Change Floods Crisis to Hit House Prices 2016 and Beyond / Housing-Market / UK Housing
Whilst Britain was still dealing with the consequences of the floods of the northern most regions of England of barely 3 weeks ago, now the conveyor belt of heavy rainfall has been working its way down the length of Britain to encompass much of the North of England, Yorkshire and Lancashire and increasingly starting to impact on central England. These are further signs of the real consequences of climate change as the diverging Jet Stream, a conveyor belt for dumping heavy rainfall onto Britain is increasingly becoming a common occurrence that is likely to persist for many more months with the next heavy deluge expected Wednesday.
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Sunday, December 27, 2015
Stock Market, GDX Topping Again? / Stock-Markets / Stock Markets 2015
Since it is still the Holiday Season, I am making this article brief. The SPX is at the 16 TD top 3 TD as of Christmas Eve. There is an 8 TD top due Dec 30 2 TD's with the moon in Leo/Virgo on the 29th. On the 29th, Mercury squares Mars, and again this will happen on the 5th of January (these are negative). Last time we had a top like this (moon in Leo/Virgo) was Dec 1/2. Christmas Eve was the 4/8 TD low, so we may see a pop up on Monday. It looks similar to the late July top right now, so it could go into Dec 30 and as high as 2092/95. The Put/Call ratios are also very similar to that time frame.
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Sunday, December 27, 2015
Christmas Wins Again! / Politics / US Politics
The mythical War on Christmas is over and once again Christmas won.
The war was created out of fairy dust, and then neatly wrapped up and delivered to religious right-wing extremists by pretend-generals Bill O’Reilly, Sean Hannity, Glenn Beck, Rush Limbaugh, and a cast of dozens who have seized the public airways.