Thursday, October 17, 2019
Signs Still Point To Lower Levels In Precious Metals / Commodities / Gold & Silver 2019
By: Avi_Gilburt
Originally published on Sat Oct 12 for our ElliottWaveTrader members: While we have been tracking the metals market for the next rally set-up, we have seen some signs that the market may attempt to begin that rally sooner rather than later. However, I have to be honest in noting that I am seeing more signs that lower levels may still be struck before we are ready for that rally.
So, as I have been saying for the last few weeks, I am going to still treat the market as likely needing more of a corrective downside structure before we begin the next rally phase – until the market is able to prove otherwise.
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Thursday, October 17, 2019
Weekly SPX & Gold Price Cycle Report / Stock-Markets / Financial Markets 2019
By: Chris_Vermeulen
Today I want to talk to you about the SP500 because it’s on the verge of making a very significant move. We could experience a 15% rally or a 15% decline and it could be just around the corner.
Let me recap on both the short-term top this month, and then a look at the bigger picture of what happened last October through December and if we are going to see that happen again. There is the possibility we get a massive rally if the market breaks to new highs. The market is loaded and ready for action. Whichever way it breaks will have a strong impact on precious metals and bonds. Make sure to opt-in to our free market trend signals newsletter.
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Thursday, October 17, 2019
What Makes United Markets Capital Different From Other Online Brokers? / Stock-Markets / Financial Markets 2019
By: Travis_Bard
In recent times, there seems to be a strategic shift from the small shady market environment to a more controlled and fully developed ecosystem. One company that is doing so well, especially with the continuous growth in the independent broker market generally is United Markets Capital. United Markets Capital is a fast-growing online broker that has been under the radar for some time now. People seem to want to find out what makes the company different from other online brokers out there. David Goldberg, the co-CEO of the company, answers this question in details in a recent interview he granted.Read full article... Read full article...
Wednesday, October 16, 2019
Stock Market Dow Long-term Trend Analysis / Stock-Markets / Stock Markets 2019
By: Nadeem_Walayat
Long-term Trend Analysis
The past 2 years have seen repeated failures to decisively breakout to new highs resolving in significant corrections. Last year's failure resolved in a major downtrend from 27k to 21.7k. Are we in for a similar fate this year?
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Wednesday, October 16, 2019
This Is Not a Money Printing Press / Interest-Rates / Quantitative Easing
By: Peter_Schiff
Rene Magritte's 1929 painting "The Treachery of Images," depicts a tobacco pipe with a caption that reads "Ceci n'est pas une pipe," (French for "This is not a pipe"). Everyone who has taken a course in modern art knows that Magritte's exercise in contradiction was meant to draw a distinction between a real thing and a representation of that thing. Perhaps we should send Federal Reserve Chairman Jerome Powell a beret and an easel as he is attempting a similarly surrealistic take on monetary policy.
Early last week, the Chairman announced a new, as yet unnamed, Fed program through which the bank will now buy regular amounts of short-term U.S. government debt. Seeking to counter the rumblings that a new form of quantitative easing would be seen as an admission that the economy may be in trouble, Chairman Powell asserted during the annual meeting of NABE on October 8, "This is not QE. In no sense is this QE". In other words, "Ceci n'est pas QE."
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Wednesday, October 16, 2019
Online Casino Operator LeoVegas is Optimistic about the Future / Companies / Gambling
By: Submissions
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Wednesday, October 16, 2019
Stock Market Dow Elliott Wave Analysis Forecast - Video / Stock-Markets / Stock Markets 2019
By: Nadeem_Walayat
ELLIOTT WAVES
My analysis of Feb 2019 concluded in expectations for a 5 wave bull run during 2019 targeting new all time highs of around 28k.
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Wednesday, October 16, 2019
$100 Silver Has Come And Gone / Commodities / Gold & Silver 2019
By: Kelsey_Williams
In January 1980, the price of silver peaked at just under $50.00 per ounce. From its low in October 1971 at $1.27, silver had risen thirty-nine fold in little more than eight years.
There was talk about higher silver prices, as much as $100.00 per ounce and more. Yet, only a few months later, silver was down to $10.00 per ounce. That amounted to a decline of nearly eighty percent from its peak.
Silver bulls were not deterred, however. They continued to stress the “fundamentals” which would lead to higher silver prices, but their dreams turned into nightmares. The price of silver continued to fall.
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Wednesday, October 16, 2019
Stock Market Roll Over Risk to New highs in S&P 500 / Stock-Markets / Stock Markets 2019
By: QUANTO
As global risks continue to rise and collect, equity markets rise as wave of bond market flows lift the risk markets globally. As the old saying goes, buy equities when there is blood on the streets. With Turkey fighting in Syria, risks are tilted to the downside for equity markets.
we remain in a fragile period where the possibility of a phased trade deal may not be enough to bring buyers into the markets. With earnings season due to start next week, anxious investors will soon have even more to worry about.
We analyse some charts and key fundamental data points.
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Wednesday, October 16, 2019
Where Next for Oil After Its Double Reversal? / Commodities / Crude Oil
By: P_Radomski_CFA
Crude oil bounced from its yesterday’s lows, and the oil bulls rebuffed another attempt to move lower earlier today. Does that mean that the upswing can continue now, or a cautious approach would win the day?
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Wednesday, October 16, 2019
10 Best Trading Schools and Courses for Students / InvestorEducation / Learn to Trade
By: Submissions
The trading world is ever-changing and keeping abreast of all the changes is the best way to make a success out of trading. The great thing about trading is that you don’t have to go to college and become a full-time student to earn some or another economics degree.There are so many online courses that you can choose from, but not all courses in trading are equal. The trick is to find one that is comprehensive and current. Here is a list of stock trading courses that you can sink your teeth into.
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Tuesday, October 15, 2019
Dow Stock Market Short-term Trend Analysis / Stock-Markets / Stock Markets 2019
By: Nadeem_Walayat
TREND ANALYSIS
Short-term Trend Analysis
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Tuesday, October 15, 2019
Gold, the Ultimate Safe Haven Asset. A Looming Nobel Prize? / Commodities / Gold & Silver 2019
By: Arkadiusz_Sieron
Yesterday, the Nobel prizes in economics were awarded. Unfortunately, gold has been omitted and got nothing. How unfair! But looking at the Dutch central bank press release, gold would have much higher chances if they were the ones granting the prizes and not the Swedish central bank!
2019 Nobel in Economics and Gold
Yesterday was a big day! At least for all those boring economists and similar bean-counters. The Nobel Prize in economics was awarded. Abhijit Banerjee, Esther Duflo, and Michael Kremer became 2019 laureates for their experimental approach to alleviating global poverty.
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Tuesday, October 15, 2019
The Many Aligning Signals in Gold / Commodities / Gold & Silver 2019
By: P_Radomski_CFA
Precious metals moved strongly on Friday, and did so on significant volume. The reversals we have seen on Thursday got resolved with a heavy thud. Let’s dive into the many charts and perspectives and explore how well they support the upcoming move across the sector.
Let’s start this week with a bigger update on multiple gold charts. There are so many reasons due to which gold is likely to decline in the following months - we’ll start with last week’s closing day analysis.
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Tuesday, October 15, 2019
Market Action Suggests Downside in Precious Metals / Commodities / Gold & Silver 2019
By: Jordan_Roy_Byrne
At present, there could be a number of positive developments for precious metals.
Last Friday, the US Dollar cracked lower and could be at risk of lower levels into year end.
Days earlier the Federal Reserve announced new “QE-like” measures just as they told us it was not really QE.
In addition, the market is showing a nearly 68% chance of a rate cut later this month.
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Tuesday, October 15, 2019
US Major Stock Market Indexes Retest Critical Price Channel Resistance / Stock-Markets / Stock Markets 2019
By: Chris_Vermeulen
News, again, drives the US stock market and major indexes higher as optimism of a US/China trade agreement floods the news wires. As we’ve been suggesting, the global markets continue to be news-driven and are seeking any positive news related to easing trade tensions and capital markets. We believe any US/China trade deal would be received as very positive news by the global capital markets – yet we understand the process of achieving the components of the “deal” would likely still be 6 to 24 months away.
Still, with the strength of the US economy and the potential that some deal could be reached before the end of 2019 setting positive expectations, the US stock market and major indexes rallied last Thursday and Friday (October 10 and 11). As the long holiday weekend sets up with no trading on Monday, it will be interesting to see what is potentially resolved between President Trump and the Chinese before the markets start to react on Sunday and Monday nights. Make sure up opt-in to our free market trend signals newsletter.
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Tuesday, October 15, 2019
Stock Market Bears Back In Extinction Mode / Stock-Markets / Stock Markets 2019
By: Ricky_Wen
The second week of October showcased a vigilant effort from both bulls and bears in realizing their short-term targets/goals. However, in the end, the bulls won the key battles again with the massive bull engulf daily candlestick (2881.75-2954 on the Emini S&P 500) on Thursday. In essence, the market was able to do the standard lower high/daily 20EMA rejection during early week back into the 2880-2900 first target zone, but the bears were unable to sustain that momentum into the second target zone of 2850-2860. Overall, the bulls have now completed the higher lows/double bottom setup, and the earnings week acceleration to the upside seems to be occurring.
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Tuesday, October 15, 2019
“Baghad Jerome” Powell Denies the Fed Is Using Financial Crisis Tools / Interest-Rates / US Federal Reserve Bank
By: MoneyMetals
Jerome Powell has something in common with Bagdad Bob, Saddam Hussein’s infamous press secretary. They’re both liars, suggests Money Metals podcast guest Craig Hemke of the TF Metals Report.
Telling obvious lies with a straight face is part of Powell’s job description. He hopes to maintain order even though anyone who is paying attention knows something extraordinary is going on.
Tuesday, October 15, 2019
Will Interest Rate Cuts Be Enough? / Interest-Rates / US Interest Rates
By: Michael_Pento
The main stream financial media is absolutely ebullient about global central banks’ renewed enthusiasm to cut interest rates to a level that is even lower than they already are. And, most importantly, Wall Street is completely confident that theses marginally-lower borrowing costs will not only be enough to pull the global economy out of its malaise; but will also be sufficient to provide enough monetary thrust to blow asset bubbles into the thermosphere.
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Monday, October 14, 2019
British Pound GBP Trend Analysis / Currencies / British Pound
By: Nadeem_Walayat
GBP Long-term Trend
What stands out from the long-term chart is that GBP has been in a downtrend for many years, a good 20 years in fact for I recall sterling trading at over £/$ 2.0 a few years earlier than this graph. So whilst the clueless mainstream press have been crowing since 23rd of June of how the Pound has collapsed following Brexit. What they fail to understand is that Pound would have fallen regardless of the results of the 23rd June 2016 referendum because it's in a bear market.
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