Monday, November 23, 2015
US Dollar, CRB, Oil, Gas, Copper and Gold - The Chartology of Deflation / Commodities / Commodities Trading
By: Rambus_Chartology
About a month or so ago I started posting regularly on the possible inflection point I was seeing in regards to the deflationary trend that has been on going since 2011. As you know stocks move from a reversal or consolidation pattern in an impulse move which is much different than a sideways chopping action of a reversal or consolidation pattern. Impulse moves are the stored up energy that is released once a reversal or consolidation pattern is finished doing its job. About four weeks ago it looked like the most recent consolidation phase was coming to an end which would then leave the door opened to an impulse move.
At the first writing of the possible inflection point the US dollar was still trading within the confines of its possible bullish falling wedge which I viewed as a consolidation pattern to the upside. Shortly after that first post on the possible inflection point the US dollar broke out of its bullish falling wedge and is now approaching its previous high just above 100 or so. The US dollar is the key driver for this deflationary spiral that has been in place for over four years now with no light at the end of the tunnel for the commodities complex yet.
Read full article... Read full article...
Monday, November 23, 2015
UK Regional House Prices, Cheapest and Most Expensive Property Markets / Housing-Market / UK Housing
By: Nadeem_Walayat
Average UK house prices have now risen by 30% from the 2009 bear market low to currently stand at an average price of £204,119 (Halifax NSA Oct 2015), and are currently galloping along at an annual inflation rate of 10%. However, the UK average price masks huge regional variations in trend and momentum most notable of which is that London has literally soared into the stratosphere, up over 70% on it's bear market low and by virtue of which has pulled the average UK house price indices higher as illustrated by the below graph.
Monday, November 23, 2015
Stock Market Rally Losing Momentum? / Stock-Markets / Stock Markets 2015
By: Andre_Gratian
Current Position of the Market
SPX: Long-term trend - Bull Market
Intermediate trend - SPX has resumed its uptrend in order to complete the last phase of the bull market.
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.
Read full article... Read full article...
Monday, November 23, 2015
Will Gold Price Drop Below $1000 Soon? / Commodities / Gold and Silver 2015
By: Brad_Gudgeon
First of all I would like to say that last week was our best trading profit week ever since we began trading NUGT and DUST on August 19th of this year. Using e-wave, cycles, technical indicators and astrology, we were able to catch the bottom on GDX Wednesday around $13, expecting a move to cover the gap near $14.08 by Thursday or Friday (it tagged $14.06 on Thursday and on Friday $14.07). We then shorted the miners via DUST when GDX went above $14 a share. GDX ended Friday at $13.40.
Monday, November 23, 2015
Gold and Silver Sector Big Green Light and Low Risk Entry Setup... / Commodities / Gold and Silver 2015
By: Clive_Maund
-
Have the problems exposed by the financial crisis of 2008 been addressed and dealt with to any extent? - no they have not, they have been papered over by creating more debt and printing money, thus making the underlying problems much worse.
-
Has debt shrunk since 2008? - no, it has exploded.
-
Has the money supply contracted since 2008? - no, it has expanded massively.
-
Has the derivatives pyramid been reduced in magnitude since 2008? - no it has continued to compound.
-
Has the global economy grown sufficiently in the years since 2008 to more than cover the extra load imposed by the growth in the factors listed above? No, it has not, all it is has done is limp along, lamed by debt.
Sunday, November 22, 2015
Limits to Economic Growth - Challenge and Choices / Economics / Global Economy
By: Nicole_Foss
Nicole Foss: After more than 30 years of exponential growth, gargantuan resource demand and increasingly frenetic consumption, we have now reached, or are reaching, an array of limits to growth. During our long, debt-fuelled boom, we reached out spatially through globalisation to monetise as much global production as possible, in order to facilitate the efficient transfer of wealth from the global periphery to its economic heartland.
We also, through the profligate use of credit and debt, reached forward in time to borrow from the future in order to stage an orgy of consumption in the present. This spectacularly successful modern form of economic imperialism delivered unprecedented wealth concentration, the like of which previous imperial structures could not have dreamed of attaining.
Read full article... Read full article...
Sunday, November 22, 2015
Gold D-Wave / Commodities / Gold and Silver 2015
By: Gary_Savage
The D-wave came back down to test the previous consolidation zone.
Read full article... Read full article...
Sunday, November 22, 2015
Pakistan Stands Strong During Emerging Market Uncertainty / Economics / Pakistan
By: Submissions
Dylan Waller writes: China’s currency devaluation in August created an FX turmoil for a large number of countries in Asia, and with a potential Fed rate hike coming this December, it may be befitting to turn to overlooked areas in Asia to achieve a solid portfolio return. Despite the rapid growth of Pakistan’s economy and its stock exchange, it remains a relegated destination for investment, and a country that Asia based hedge funds consider to be too risky. The Karachi Stock Exchange has had a 1 year return of 13.95%, making it one of the best performing stock markets in Asia. Pakistan’s currency is another bright spot for the country, as it has only had a 4.9% YTD depreciation against the USD. With much of Asia suffering from high FX losses and less superior performing stock markets, Pakistan’s recent performance gives it a prestigious standing in Asia.
Sunday, November 22, 2015
Redefining ‘The Human Rights’ In The Context Of The Rise Of Islamism And The Onslaught Of The Western Democracies / Politics / ISIS Islamic State
By: Dr_R_M_Mathew
ISLAMISM has emerged as the Greatest Threat to Democracy and Human Rights, besides the very existence of the Progressive Modern Societies shaped by Capitalism, Corporatism and Modern Technologies. It is thousand times deadly than Fascism for it is taking back the Humanity to the Age of Primitive Desert Tribal Gods, Wars, Culture , Caliphates and Social Order burying down Democracy, Equality, Freedom, Principles of Human Right, Open Society and Progressive Social Order.
Sunday, November 22, 2015
Long Dollar Trade and Current Copper Price Below Cost of Production / Commodities / Copper
By: EconMatters
Long Dollar Trade
Sunday, November 22, 2015
Gold a Bargain in Real Terms / Commodities / Gold and Silver 2015
By: Michael_J_Kosares
For those you who like to break things down to the fundamentals, this chart should serve as an eye-opener. Why? Because it tells us gold’s value in real terms when adjusted to depreciation in the purchasing power of the dollar. Secondly, it tells us where gold stands today with respect to past peaks in the price – once again in real terms – thus providing an indicator whether or not it is a good buy at current prices.
Read full article... Read full article...
Saturday, November 21, 2015
UK Housing Market House Prices Affordability Crisis - Video / Housing-Market / UK Housing
By: Nadeem_Walayat
The UK housing market has been in a perpetual state of crisis for at least a decade in terms of the lack of affordable housing that just tends to get worse with each passing year. Therefore most housing market commentators tend to focus on the various measures of housing market affordability or rather unaffordability as house prices despite the price crash of 2008-2009 never fell to anywhere near the affordability levels of the early 1990's housing bear market lows and therefore ivory tower academics have continued to cling onto expectations that a further house prices crash is inevitable so as the fit in with their theoretical models of where house prices should fall to in terms of affordability that gets liberally regurgitated in the mainstream press, see this new video to find out what this means for future UK house prices.
Saturday, November 21, 2015
The Fed Has Set the Stage for a Stock Market Crash / Stock-Markets / Financial Crash
By: Graham_Summers
The Fed has set the stage for a stock market crash.
Ever since 2009, anytime the markets came close to a stock market crash, “someone” (read: the FED) has stepped in a propped the markets up.
In 2010, the S&P 500 staged a death cross, where its 50-DMA broke below its 126-DMA (the half year moving average). Stocks were in a perilous state with the 2008 Crash still in everyone’s short-term memory.
Read full article... Read full article...
Saturday, November 21, 2015
Will the Fed Raise U.S. Interest Rates on Monday, November 23, 2015? - Video / Interest-Rates / US Interest Rates
By: Mario_Innecco
Earlier this morning I spoke about how the Fed will meet on Monday November 2015 even though the next meetings on December 16. They're having an expedited procedure or meeting which means their meeting in no rush and behind closed doors. It will be interesting to see what they do and might even raise rates this coming Monday even though that's very very unusual.
Read full article... Read full article...
Saturday, November 21, 2015
Stock Market Primary V Wave Continues / Stock-Markets / Stock Markets 2015
By: Tony_Caldaro
The market started the week at SPX 2023. After a big gap down Sunday night in index futures trading the market worked its way back up to open at SPX 2019 – the low for the week. After that the market rallied to SPX 2067 by Tuesday, then dipped to SPX 2046 also on Tuesday. Then after a gap up opening on Wednesday and Friday the market hit SPX 2097. Then dipped to end the week at SPX 2089. For the week the SPX/DOW gained 3.35%, the NDX/NAZ gained 3.85%, and the DJ World index gained 2.70%. Economic reports for the week were slightly positive. On the uptick: the CPI, building permits, the Philly FED, leading indicators, the WLEI, plus weekly jobless claims declined. On the downtick: industrial production, the NY FED, the NAHB, and housing starts. Next week’s reports will be highlighted by a FED governors meeting, Q3 GDP, the PCE and more Housing.Read full article... Read full article...
Saturday, November 21, 2015
Gold And Silver - Value Of Knowing The Trend / Commodities / Gold and Silver 2015
By: Michael_Noonan
Every once in a while, we reiterate the importance of knowing the trend, in fact, calling the trend the number one piece of information. From it, everything else follows, in terms of knowing in which direction to base trade decisions.
2014 and 2015 were viewed as turnaround years for gold and silver, with expectations that price would rally to new, never before seen prices. In a little over a month, 2015 ends and 2016 begins right after. It is possible that 2016 may bring more of the same: disappointing expectations for PMs performance. It is just a possibility, for no one knows for certain how the future will unfold. What we do know for certain is that in order for PMs to rally, they must first stop going down.
Read full article... Read full article...
Saturday, November 21, 2015
Bracing for Another Breakdown in Gold Miners GDXJ and GDX / Commodities / Gold and Silver Stocks 2015
By: Jordan_Roy_Byrne
The bear market in the gold miners has been one for the record books but it is not over yet. Last week we noted that precious metals were on the cusp of making new lows while the US$ index was very close to another key breakout. This scenario remains well in play and would certainly affect the gold mining sector, which over the past two weeks failed to rebound or build on any strength.
Saturday, November 21, 2015
UK Footsie Bulls Set To Foot The Bill / Stock-Markets / Stock Markets 2015
By: Austin_Galt
The UK stock index, the Footsie, has been trending down textbook style ever since the all time high set at 7122 in April 2015. This current rally has all the hallmarks of yet another bear market rally with many starting to become bullish.
Let's see what is in store for these bulls if my analysis of the daily and monthly charts is correct.
Read full article... Read full article...
Saturday, November 21, 2015
GBP Sterling's 180 Turn / Currencies / British Pound
By: Ashraf_Laidi
Is it finally catching up with GBP? The British pound defied gravity during most of the week, shrugging disappointing figures on inflation, retail sales and the CBI trend survey. A somewhat hawkish speech by BoE MPC member Ben Broadbent on Wednesday may have been among the causes behind the gains. The pound even managed to rally against the US dollar on Tuesday and Wednesday ahead of an expectedly hawkish set of FOMC minutes. Eventually, GBP saw the peak on Thursday evening with GBPUSD giving up at the near confluence of the 55-DMA and 200-DMAs at $1.5312 and $1.5336. Unfortunately, our short GBPUSD trade in the Premium Insights (opened on Nov 6) was stopped out at $1.5330, only 6 pips below the high of the week. After that, GBPUSD shed 1.5 cent to settle near $1.5200.
Read full article... Read full article...
Saturday, November 21, 2015
Hang Onto Your Wallets: Negative Interest Rates, the War on Cash and $10 Trillion Bail-in / Politics / War on Cash
By: Ellen_Brown
Remember those old ads showing a senior couple lounging on a warm beach, captioned “Let your money work for you”? Or the scene in Mary Poppins where young Michael is being advised to put his tuppence in the bank, so that it can compound into “all manner of private enterprise,” including “bonds, chattels, dividends, shares, shipyards, amalgamations . . . ”?
That may still work if you’re a Wall Street banker, but if you’re an ordinary saver with your money in the bank, you may soon be paying the bank to hold your funds rather than the reverse.
Read full article... Read full article...