Monday, July 13, 2015

Stock Market Critical Support Holding / Stock-Markets / Stock Markets 2015

By: Andre_Gratian

Current Position of the Market

SPX: Long-term trend - Bull Market

Intermediate trend - SPX may have started an intermediate correction

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 discusses the course of longer market trends.

Monday, July 13, 2015

Greece Today, America Tomorrow? / Politics / US Politics

By: Dr_Ron_Paul

The drama over Greece's financial crisis continues to dominate the headlines. As this column is being written, a deal may have been reached providing Greece with yet another bailout if the Greek government adopts new "austerity" measures. The deal will allow all sides to brag about how they came together to save the Greek economy and the European Monetary Union. However, this deal is merely a Band-Aid, not a permanent fix to Greece's problems. So another crisis is inevitable.

Monday, July 13, 2015

Silver Price Remains in Long-term Downtrend / Commodities / Gold and Silver 2015

By: Clive_Maund

It's a strange situation - the long-term charts for silver continue to look awful, but there has been a quite dramatic improvement in its COTs, which now look positive, with readings that in the past have consistently lead to rallies. However, this doesn't mean that any rally that develops soon will succeed in breaking silver out of its long downtrend.

Silver's 8-year chart shows the as yet unrelenting downtrend from its 2011 highs involving a classic "staircase" decline. On this chart it looks set to drop again, but perhaps after another rally first towards the upper boundary of the downtrend channel.

Monday, July 13, 2015

Gold Price Awaiting Outcome of Greece Crisis / Commodities / Gold and Silver 2015

By: Clive_Maund

The situation is paradoxical - the charts of just about everything are positioned for a plunge - or a turnaround and limited recovery, which reflects the fact that markets are waiting on some sort of resolution of the standoff with Greece, either Greece walking away, a Grexit, or a fudge solution where Greece accepts defeat and is denied debt relief or it is obfuscated sufficiently for the markets to buy it and this may involve another "can kicking" exercise. While the charts for many commodities look scary, including gold and silver, their COTs now look bullish, which suggests that the fudge solution will be the outcome.

Monday, July 13, 2015

China Crash, Greece Collapse, Harbingers of Stock Market Apocalypse Forecast 2015? / Stock-Markets / Stock Markets 2015

By: Nadeem_Walayat

Whilst all eyes in the West were on Greece as its marxist Syriza government played game of thrones with the Greek peoples lives as they black mailed the Eurozone, the chinese stock market crashed, collapsing by over $2 trillion into a BEAR MARKET sending over 200 million chinese retail investors into a panic as they got a bitter taste of the dark side of capitalism, of what happens when investors believe the hype that stocks can only go up. We have all seen this play out many times before!

Sunday, July 12, 2015

Greece’s Biggest Problem Is Its Anti-Capitalist Culture / Politics / Euro-Zone

By: MISES

Russell Lamberti writes: It’s considered politically incorrect to criticize culture these days, but whether using euros or drachmas, in or out of the European Union, Greece really has to, somehow, sort out its cultural dysfunction. I’m not talking about its customs, traditions, architecture or music, and I’m definitely not talking about its food. I’m talking about its cultural anti-capitalism. The negotiations, deals, counter-deals, referenda, protests and everything in between all mean very little if Greeks, by and large, don’t ditch their statist zeitgeist and rediscover Greek capitalistic exceptionalism.

Sunday, July 12, 2015

One of the Most Important Lessons When Buying Stocks / InvestorEducation / Learning to Invest

By: DailyWealth

You're not going to succeed in the stock market by just buying the world's best businesses...

For the past several years, my colleague Dan Ferris and I have urged Extreme Value readers to buy great businesses... Businesses that gush free cash flow, reward shareholders, have great balance sheets, earn consistent profit margins, and have high returns on equity.

Sunday, July 12, 2015

Greece, EU and the Tower of Babel / Politics / Eurozone Debt Crisis

By: Submissions

Athanasios Laspopoulos writes: I remember when I was at school, many years ago, that a course was developed
for the Tower of Babel and a sketch showing a huge Tower building from thousands
of people. As I remember the Tower was building by many countries and different
peoples in order to reach heaven and God. This project because of the
multilingualism and misunderstanding was abandoned. This was the model on
which the EU was based on??  Because as I can see in pictures and the model
the EU is made of, are almost the same. And the funny thing is that in EU
there are multiple states, multiple languages and a relative disconnection
between the members just as it was happening at the Tower of Babel.

Sunday, July 12, 2015

Tsipras Invites Schäuble To Fall Into His Own Sword / Politics / Eurozone Debt Crisis

By: Raul_I_Meijer

Too many voices the past few days are all pointing the same way, and I’ve always thought that is never good. A guessing-based consensus, jumping to conclusions and all that. Look, it’s fine if you don’t have all the answers, no matter how nervous it makes you.

What I’m referring to in this instance is the overwhelming conviction that Greece and Tsipras have conceded, given in to the Troika, flown a white flag, you get the drift. But guys, the battle ain’t over yet.

Sunday, July 12, 2015

Grexit: Montenegro, Ecuador or Bulgaria? / Politics / Eurozone Debt Crisis

By: Steve_H_Hanke

Could Greece adopt the dollar?

In truth, Bulgaria, not the greenback, is the better currency model after Grexit.

What if the eurozone shows Greece the door? There are claims that the creation of a new currency regime in Greece would be fraught with problems. While the practical, technical problems would be relatively small, the political problems could be daunting.

Sunday, July 12, 2015

Greece and China: Heralding a New Stocks Bear Market? / Stock-Markets / Stock Markets 2015

By: Clif_Droke

What started out as typically sluggish summer week quickly morphed into an extremely eventful one. In just the last five days we witnessed the intensification of the Greek debt roller coaster, the bursting of a mini-bubble in Chinese equities, a temporary shutdown of trading on the NYSE, and a brief but meaningful pullback in U.S. equities. And to think the summer is still young!

Investors are clearly disquieted over the impact the overseas crises might have on the U.S. stock market. But are they right to be concerned?

Sunday, July 12, 2015

Corn, Soybeans, Wheat Agricultural Commodities Price Forecasts / Commodities / Agricultural Commodities

By: Austin_Galt

The prices of agricultural commodities of corn, soybeans and wheat have all exploded higher recently. This has been expected and was laid out in analysis back in February 2015. Now that the rallies have kicked off let’s revise the technicals of all three soft commodities.

Sunday, July 12, 2015

"Guerrilla Warfare Against a Hegemonic Power": The Challenge and Promise of Greece / Politics / Eurozone Debt Crisis

By: Ellen_Brown

Banks create money when they make loans. Greece could restore the liquidity desperately needed by its banks and its economy by nationalizing the banks and issuing digital loans backed by government guarantees to its ailing businesses. Greece could provide an inspiring model of sustainable prosperity for the world. But it is being strangled by a hegemonic power in a financial war that is being waged against us all.  

Sunday, July 12, 2015

Stock Market Roller Coaster to Continue This Week / Stock-Markets / Stock Markets 2015

By: Brad_Gudgeon

Last week, I warned of the wild swings coming in the financial markets based on astrology.  This indeed is what occurred! Our C 2 auto-trading account is now +52.3% from April 15, 2015 to July 10, 2015! We had a great week trading because we were forewarned due to astrology!

Saturday, July 11, 2015

Gold and Silver Calm Before the Storm / Commodities / Gold and Silver 2015

By: Jesse

Gold and silver were in the usual capping mode today, although silver managed to finish the week on a slight gain.

I am liking silver more and more here, and am not adverse to some small buys at regular intervals with a longer term time horizon. Nibbles, if you will.

Saturday, July 11, 2015

Stock Market New Uptrend Underway? / Stock-Markets / Stock Markets 2015

By: Tony_Caldaro

Volatile week. The market started the week at SPX 2077. On Monday it traded down to SPX 2057 before rallying to 2079, only to drop to 2044 on Tuesday before rallying to 2084. On Wednesday the market headed down to SPX 2045, before rallying to 2074 and then dropping to 2051 on Thursday. Friday the market rallied to SPX 2081, then closed the week unchanged at 2077. One to two percent swings nearly every day, after weeks and weeks of less than one half percent daily swings. For the week the SPX/DOW were mixed, the NDX/NAZ were -0.25%, and the DJ World was -0.8%. On the economic front negative reports outnumbered positive ones for the first time many weeks. On the uptick: ISM services and wholesale inventories. On the downtick: consumer credit, the WLEI, the MMIS, plus the trade deficit and weekly jobless claims both increased. Next week’s reports will be highlighted by Industrial production, the CPI/PPI, Retail sales and the Beige book.

Saturday, July 11, 2015

Gold And Silver – Greece Needs Money? Money DOES NOT EXIST! / Commodities / Gold and Silver 2015

By: Michael_Noonan

All the world is indeed a stage, and what is unfolding is a worsening tragicomedy, and it is under the direction of the elites through their debt enslavement [un]known by the world as fiat currency. The unelected “officials” in the EU are the equivalent of Keystone Kops. In fact, that is also true even of elected officials. They are all a bunch of clowns in charge of the circus called government.

There is a very high probability that what has been unfolding in Greece will eventually be in your own government, so pay close attention to the outcome of how the bankers are choking the economic life out of the Greek people, and as events have unfolded, it appears that Tsipras has caved into the moneychanger’s demands in exchange for a bailout. This is totally contrary to the outcome of the referendum wherein Greeks voted OXI for accepting the unacceptable financial impositions on Greek citizens.

Saturday, July 11, 2015

From Tsipras Proposal to Yellen's Speech / Interest-Rates / Eurozone Debt Crisis

By: Ashraf_Laidi

This afternoon's speech by Fed Chair Yellen at 12:30 Eastern (16:30 GMT/17:30 BST) is expected to reveal her reiteration the message that more will be needed from jobs and inflation before rates lift-off, especially 48 hours before another emergency EU/Greece summit. Yellen's take on the China and Greece issues will undoubtedly be highlighted as to be taken into consideration by the Federal Reserve. Yellen will be asked more on these global issues on Wednesday's semi-annual testimony to Congress (a crucial hour, coinciding with the Bank of Canada decision).

Saturday, July 11, 2015

Greece Saves The Stock Market Day....Weekly Bullish Candlestick Review.... / Stock-Markets / Stock Markets 2015

By: Jack_Steiman

It was a tough week for the bulls Monday through Thursday There were some really bearish candles printed, especially yesterday with a big reversal lower after a huge gap up. Today looked as if it would be the day the market finally gave up S&P 500 2040 with some force. Yesterday gave every indication the end of the bull-run was at hand. Not to be. Greece, last night, agreed to some key concessions on austerity that the Euro zone demanded on having if they were to give them any help. The markets abroad loved this news. The futures blasted up, and, of course, we followed along right behind. We gapped up but instead of collapsing like previous days, we held the move and worked our way mostly higher throughout the rest of the day. A close well above the open. Bullish action, and, thus, this never ending base between 2040 and 2134 continues.

Saturday, July 11, 2015

The Shanghai Stock Market Crash and China Gold Demand / Commodities / Gold and Silver 2015

By: Michael_J_Kosares

What it means for the future of the gold market

"At present, up to 12 trillion yuan stays in domestic residents' saving accounts. The launch of individual gold investment, therefore, will allow residents to change currency assets into gold assets. At the macro level, it will expand channels for changing savings into investment, thus adjusting the money supply; in the micro aspect, allowing citizens to trade and keep gold can improve social welfare, benefiting both the country and the population. Moreover, with the dual attributes of common commodity and currency commodity, gold is a desirable instrument for hedging. Therefore, developing gold trade for individuals is practical." – Zhou Xiaochuan, Governor, the People's Bank of China