Thursday, November 19, 2015
Stock Market Investors' Sentiment Continues To Improve, But Will It Last / Stock-Markets / Stock Markets 2015
Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,140 and profit target at 1,990, S&P 500 index)
Our intraday outlook is bearish, and our short-term outlook is bearish:
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): bullish
Thursday, November 19, 2015
The Great Fall Of China Started At Least 4 Years Ago / Economics / China Economy
Looking through a bunch of numbers and graphs dealing with China recently, it occurred to us that perhaps we, and most others with us, may need to recalibrate our focus on what to emphasize amongst everything we read and hear, if we’re looking to interpret what’s happening in and with the country’s economy.
It was only fair -perhaps even inevitable- that oil would be the first major commodity to dive off a cliff, because oil drives the entire global economy, both as a source of fuel -energy- and as raw material. Oil makes the world go round.
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Thursday, November 19, 2015
Using Elliott Waves: As Simple As A-B-C / InvestorEducation / Elliott Wave Theory
Two resources from Elliott Wave International can help you get started
When Ralph Nelson Elliott discovered the Wave Principle nearly 70 years ago, he explained how social (or crowd) behavior trends and reverses in recognizable patterns. You can learn to identify these patterns as they unfold in the financial markets, and use them to help anticipate where prices will go next. Elliott Wave International has developed a free comprehensive online course -- The Elliott Wave Tutorial: 10 Lessons on the Wave Principle -- which describes these patterns and explains how they relate to one another.
To use the Wave Principle as you analyze the markets, you need a basic understanding of the Elliott method -- the rules and guidelines, the literal shape of individual waves, even when the larger trend may turn.
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Thursday, November 19, 2015
Has Deflation Been Ddefeated? / Stock-Markets / Deflation
The last 15 years have been among the most turbulent on record. Since the year 2000, America has experienced two recessions (including a near depression), two stock market crashes, numerous selling panics, two terrorist attacks, and one of the slowest economic recoveries on record.
Just when it appears there might be some light at the end of the tunnel and the consumer is getting his confidence back, the threat of global deflation has appeared and has given them reason to remain cautious. This time around the threat of deflation is coming from overseas, specifically from China.
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Thursday, November 19, 2015
Fed Talk... Rates To Rise.... Watching S&P 500 / Stock-Markets / Stock Markets 2015
The stock market has been resilient no doubt. The bulls are buying up moves lower over and over ever since the bull-bear spread got down to minus 10%. In a bear market minus 10% reading isn't all that important. It can and will go much lower than that, but since all we had was a correction when we reached minus 10%, the bulls became active once again. There hadn't been any real distribution volume on that last correction, so that was one way to recognize that the bear had yet to begin. Let's face it, the best way to blast off a new bear market would be to make new highs and get a negative divergence in real time on those horrible-looking, monthly index charts.
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Thursday, November 19, 2015
Strong Stock Market Retracement / Stock-Markets / Stock Markets 2015
The correction appears to be in the final leg. It has two probable targets. First is the 61.8% retracement value, which it has already achieved. The second is the top of Wave [iv] at 2086.94.
This retracement has gone much further than I had expected, but the Leading Diagonal was not at the top of my list, either. Leading Diagonals can fool a lot of people, since they camouflage their true impulsive nature. Notice that I had to use the 10-minute chart to get enough granularity to trace this pattern out.
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Thursday, November 19, 2015
Dow Jones Stock Market Index is Not Going to Crash / Stock-Markets / Stock Markets 2015
Empty pockets never held anyone back. Only empty heads and empty hearts can do that. ~ Norman Vincent Peale
We have published several articles over the past few months refuting proclamations from experts calling for a crash, two of which are Market sell off time to panic? And The Dow index is getting ready to soar . Instead, we viewed each so-called crash event through a bullish lens. We even went so far as to tell our clients to celebrate while the markets were pulling back, a practice that is unheard of today.
Read full article... Read full article...Look at the bright side; you get to do something you have never done before. Drink while everyone is screaming bloody murder and sing when the markets are sinking. Who knows you might be a budding singer in the makings. Yes, most will call you insane, but instead of being stricken with fear, you will now be the master of your destiny instead of a slave to another's. Drink and be merry for the markets are letting out some well-deserved steam. We see no reason to worry and no reason not to sleep well at night. ~ Interim Market Update July 9, 2015
Wednesday, November 18, 2015
The World's First Cashless Society Is Here - A Totalitarian's Dream Come True / Politics / Global Financial System
By Nick Giambruno
Central planners around the world are waging a War on Cash. In just the last few years:
- Italy made cash transactions over €1,000 illegal;
- Switzerland proposed banning cash payments in excess of 100,000 francs;
- Russia banned cash transactions over $10,000;
- Spain banned cash transactions over €2,500;
- Mexico made cash payments of more than 200,000 pesos illegal;
- Uruguay banned cash transactions over $5,000; and
- France made cash transactions over €1,000 illegal, down from the previous limit of €3,000.
Wednesday, November 18, 2015
Central Banks Will Not Be Able to Halt Economic Collapse / Economics / Financial Crash
In 2008, the world experienced the worst economic collapse in 80+ years. This collapse triggered a stock market crash that erased $30 trillion in wealth.
Since that time, collectively Central Banks have cut interest rates over 600 times and have printed over $15 trillion in new money… money that has failed to generate sustained economic growth… money that has set the stage for another stock market crash.
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Wednesday, November 18, 2015
ISIS May Be Our Ally Some Day / Politics / ISIS Islamic State
Ferghane Azihari writes:“ISIS is certainly not a state” said Obama in a recent statement. This is the official line Western governments use to describe ISIS. The label terrorist is often used to describe dangerous and aggressive organizations. However, these characteristics are not used to describe organizations that don’t threaten the strategic interests of states that dominate the international community.
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Wednesday, November 18, 2015
After Paris Attacks The Eurozone Is Hanging By a Thread / Politics / Euro-Zone
Ed Bugos writes: On September 13th, the exact end-date of the Shemitah and the beginning of what we said was going to be a crisis period that would erupt in the fall, we wrote, "Eurozone Collapses, Borders Erected Across Europe on Shemitah End Day ".
Many on the Internet said we were exaggerating or blowing a "temporary issue" out of proportion.
Yet, here were some of the headlines, just a day before the Paris Attacks (more on that below) on November 12th.
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Wednesday, November 18, 2015
U.S. Inflation Setup to Upset / Economics / Inflation
Is U.S. inflation setup to upset the markets? Motivation for considering this question begins with graph to right. Plotted in that chart is the year-to-year percentage change for the median U.S. CPI. That measure is calculated monthly by the diligent elves at Federal Reserve Bank of Cleveland. Period of time for chart is past ten years.
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Wednesday, November 18, 2015
Bottom Line from the Paris Global Warming Summit / Politics / Climate Change
The political climate after the carnage in Paris has shifted the main stream media’s attention to terrorism, security concerns and foreigner migration, disguised as refugees. The climate change cultists are not under the same spotlight, before the blood flowed in the streets of the City of Light. Even the twisted attempt At Democratic Debate, Bernie Sanders Says Climate Change Helps Terrorism Spread, is not rejected out of hand.
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Wednesday, November 18, 2015
European Union Challenged from Right and Left / Politics / European Union
The heinous ISIS attack in Paris is a game changer in Europe. In addition to the horrific amount of individual casualties, the attack has also threatened severe damage to the long term survivability of the European Union as a political entity. Based on the unpopularity and unfeasibility of immigration controls under the EU's Schengen Plan, the events have opened up the Union to renewed attacks from the right, just as its support from the left is crumbling as a result of opposition to EU-mandated fiscal austerity. This two-front onslaught may be too much for the Union to endure.
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Wednesday, November 18, 2015
The Stock Market Global Central Bank Put Option / Stock-Markets / Stock Markets 2015
Highly accommodative monetary policy and the increased responsiveness of central banks globally to economic shocks and other crises has led to a situation where, if such a shock occurs, then central banks ease monetary policy quickly in response. This action calms markets, resulting in minimized selloffs and contained volatility while driving equities higher.
This phenomenon can be described as the Central Bank Put Option, as the situation effectively means that investors have a put option given to them by the central banks. We will discuss its origin and how it is currently in play, and then cover different strategies that can be used to take advantage of the put. Following this we will also look to analyse whether the Central Bank Put will be in play next year and how it may be traded going forward.
Wednesday, November 18, 2015
Saudis Planning For A War Of Attrition In Europe With Russia's Oil Industry / Commodities / Crude Oil
Russia's central bank recently warned about the growing financial risks to the Russian economy from Saudi Arabia encroaching upon its traditional export market for crude oil. Russia sends 70 percent of its oil to Europe, but Saudi Arabia has been making inroads in the European market amid the oil price downturn.The result is a heavier discount for Russia's crude oil, the so-called Urals blend. Bloomberg reported that the Urals typically lands in Rotterdam, a major European destination, at a discount to Brent of around $2 or less. But the discount has widened to $3.50 lately due to increased competition from Saudi Arabia. "Oil supplies to Europe from Saudi Arabia are probably adversely affecting Urals prices," the Russian central bank warned in a recent report.
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Wednesday, November 18, 2015
Gold Stocks Buckle / Commodities / Gold and Silver Stocks 2015
There is absolutely nothing good that can be said about the mining stocks at this point. Then again, there has been little good to say about these things for a long, long time.
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Wednesday, November 18, 2015
Paris Terror Attacks, Death Pangs of a Dying Religion, and Impact on BrExit EU Referendum / Politics / ISIS Islamic State
It's 4 full days since 8 Islamic State terrorists went on a bloody rampage in 6 separate locations across Paris, with the latest death toll put at 129 killed and with some 55 people critically ill in intensive care. Whilst the people of Paris and France have been in a state of shock, grieving at the magnitude of the death toll, remembering and paying tribute to all those who were killed, Hollande's government has already launched its first retaliatory strikes against ISIS, dropping 20 bombs Monday night alone on the Syrian city of Raqqa, and vowing to destroy Daesh / Islamic State.
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Tuesday, November 17, 2015
SPX Repelled at the 200-day MA / Stock-Markets / Stock Markets 2015
SPX pulled away from the 200-day Moving Average at 2064.17 and mid-Cycle resistance at 2061.53. Currently it is just above its Orthodox Broadening Top trendline at 2045.00 and Intermediate-term support at 2043.17. The 50-day Moving Average at 2011.90 may not hold the falling SPX at this point. A close above it would invite a gap down at the next open, IMO.
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Tuesday, November 17, 2015
Robotics Are Key to New Millennium Surgeries / Companies / Healthcare Sector
Interventional radiology has been described as the surgery of the new millennium by Stanford Healthcare, offering less invasive procedures, more precise placement of catheters and, often, fewer complications for patients and higher throughput for healthcare facilities. Robotics is making this new area of medicine possible. Cary G. Vance, CEO of Hansen Medical Inc., tells The Life Sciences Report about disruptive advances in interventional radiology and Hansen's own revolutionary robotic catheters.
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