Saturday, March 16, 2019

Gold Final Warning: Here Are the Stunning Implications of Plunging Gold Price / Commodities / Gold & Silver 2019

By: P_Radomski_CFA

Gold has turned vigorously lower yesterday. And not only gold at that. Red, red, everywhere in precious metals you looked. The silent scream we wrote about in the Wednesday’s Alert for our subscribers brought serious repercussions. Immediately and just in time to reap the benefits. Today, we will devote extraordinary attention to the long-term view of the PMs complex.

In yesterday’s Part I, we shared with you the short-term check on precious metals sector health. That article was a limited sample of exclusive care our subscribers get on an everyday basis. Today, we will follow up with more of such a peek under the hood - another sample of what our subscribers already enjoyed yesterday. Whether you are reading this article on our website or elsewhere on the Internet, we will now share today’s full picture with you, the visitor, on the long-term charts and signals. Let’s examine whether the most recent developments changed the long-term view.

Saturday, March 16, 2019

Towards the End of a Stocks Bull Market, Short term Timing Becomes Difficult / Stock-Markets / Stock Markets 2019

By: Troy_Bombardia

The S&P remains stuck at its 2810 resistance level. Meanwhile, various economic indicators are flashing warning signs but not immediately bearish signs. Towards the end of a bull market, it’s very hard to know exactly how much gas there is left in the bull market’s tank. That’s why it’s better to focus on risk-reward instead of timing exact tops and bottoms.

Saturday, March 16, 2019

Is The Brexit Debacle Going To Crash The Stock Market ... Again? / Stock-Markets / Stock Markets 2019

By: Avi_Gilburt

We are often directed to think that the market reacts in the same manner as Newtonian physics. We believe that a news event which accompanies a market move was certainly the “cause” of that market move. But, how often have we seen markets react in the exact opposite manner in which the substance of the news event suggests?

While science has moved away from Newtonian physics, stock market analysts have not.

Saturday, March 16, 2019

UKIP Brexit Facebook Groups Reveling in the New Zealand Terror Attacks Blaming Muslim Victims / Politics / BrExit

By: John_York

It's not just far right Austrailian Senators who are busy blaming the victims of Friday's New Zealand terror attack and then seen punching teens in the face.

Saturday, March 16, 2019

Australian Senator Punches Teen in the Face after Blaming New Zealand Victims for Immigrating / Politics / Austrailia

By: John_York

Australian far right Senator Fraser Anning who in comments blamed the victims of the New Zealand massacre for emigrating to the New Zealand, 49 of whom were killed on Friday, in response to a brave teen smashing an egg on his face that resulted in the Senator letting fly with several punches at the teens face.

Saturday, March 16, 2019

Gold – US Dollar vs US Dollar Index / Currencies / US Dollar

By: Kelsey_Williams

When it comes to analysis of gold, the U.S. Dollar Index finds nearly universal acceptance. Or rather, when most analysts refer to comparison/correlation of the U.S. dollar to gold, they usually illustrate their point with a chart of the U.S. dollar index.

While they won’t say it straight out, most of them see the U.S. Dollar Index as a proxy for the U.S. dollar. But, is it? From Wikipedia…

“The U.S. Dollar Index (USDX, DXY, DX) is an index (or measure) of the value of the United States dollar relative to a basket of foreign currencies, often referred to as a basket of U.S. trade partners’ currencies. The Index goes up when the U.S. dollar gains “strength” (value) when compared to other currencies.”

The “basket of foreign currencies” used are: Euro, Japanese yen, Pound sterling, Canadian dollar, Swedish krona, Swiss franc.

Saturday, March 16, 2019

Islamophobic Hate Preachers Tommy Robinson and Katie Hopkins have Killed UKIP and Brexit / Politics / BrExit

By: John_York

As New Zealand attempts to come to terms with shock Islamophobic terrorist attack that claimed 49 innocent victims, the usual Islamophobic suspects such as Tommy Robinson (fake name) and Katie "final solution" Hopkins have gone silent after a near 3 year campaign espousing far right hatred against Europe's muslim population, who in the UK like media whores have sought to ride on the back of the June 2016 EU referendum result, seeking to capitalise upon Brexit despite likely having very little to do with why most of the 17.4 million voted to LEAVE the European Union.

However, the consequences of their and other popular right extremists is to effectively have Killed UKIP, the party that under Nigel Farage's leadership played a pivotal role in bringing the BrExit outcome about by mobilising 17% of the electorate that helped tip the vote in BrExit's favour.

Friday, March 15, 2019

Countdown to The Precious Metals Gold and Silver Breakout Rally / Commodities / Gold & Silver 2019

By: Chris_Vermeulen

If you have been following our research over the past few months, you already know that we’ve called just about every major move in Gold over the past 14+ months.  Recently, we called for Gold to rally to  $1300 area, establish a minor peak, stall and retrace back to setup a momentum base pattern.  We predicted this move to take place back in January 2019 – nearly 30+ days before it happened.

Now, we are publishing this research post to alert you that we are about 15~30 days away from the momentum base setup in Gold which will likely mirror in Silver.  Thus, we have about 20+ days to look for and target entry opportunities in both Gold and Silver before this momentum bottom/base sets up.

Friday, March 15, 2019

Deflationary Assets are Outperforming / Stock-Markets / Financial Markets 2019

By: Donald_W_Dony

During the current bull market, deflationary assets (industrials, technology, financials, communication, consumer discretionary and real estate) have greatly outperformed inflationary assets (commodities) for most of these past 10 years.

Martin Pring's Deflation/Inflation Index (Chart 1) illustrates that deflationary assets have largely outperformed inflationary assets from late 2011 to the beginning of 2016 and again from mid-2018 to the present.

Friday, March 15, 2019

Shale Oil Splutters: Brent on Track for $70 Target $100 in 2020 / Commodities / Crude Oil

By: Andrew_Butter

• There is a sense of triumphalism in the tag-line, “U.S.A. is now a net oil exporter”. Reminiscent of “Mission Accomplished”; first it’s not true, second; what’s hiding in the wings is sinister.
• In February, in the Permian,  Initial Production net Legacy-Loss (IPnL), which measures change in production capacity, was down 42% on the peak in May 2018
• 98.5% of changes in IPnL can be explained by changes in trailing average oil price. That sounds blindingly obvious; but there’s a catch.
• Shale oil output-growth affects oil prices; so there’s negative feedback-loop. What happened was legacy-loss in shale caught up, shale is still a “swing producer”; but soon they will need $70 WTI.
• Ten years ago the Saudi’s  said $70-to-$80 Brent was “fair”, that’s what the world could afford, and what producers needed to bring in new oil, they said. They may get that, and more, soon.

Friday, March 15, 2019

Setting up a Business Just Got Easier / Companies / SME

By: Submissions

There are a lot of things that you need to make sure you think about when it comes to running a business. Modern businesses are becoming more common, and it is something that you need to make sure you get right when you are looking for the right career path for you. This is something that you need to look at if you decide you want to start a business.

Launching a startup is something that has become a lot more accessible these days. There are so many things that you can do to make sure you have the best and most successful modern business. This is something that you need to make sure you think carefully about moving forward. Here are some of the best ideas for setting up a business from home right now.

Friday, March 15, 2019

Stock Market Elliott Wave Analysis Trend Forercast - Video / Stock-Markets / Stock Markets 2019

By: Nadeem_Walayat

ELLIOTT WAVES

Where elliott wave is concerned I like to keep things very simple which is why I don't adhere to the many tenants of elliott wave theory as for me, EW is just a another technical tool. Here's what my previous elliott wave interpretation which correctly expected a rally to Dow 27k into October 2018 that was virtually spot on.

Friday, March 15, 2019

Gold Warning - Here Are the Stunning Implications of Plunging Gold Price - Part 1 / Commodities / Gold & Silver 2019

By: P_Radomski_CFA

Gold is turning vigorously lower. And not only gold at that. Red, red, everywhere in precious metals you look. The silent scream we wrote about yesterday brought serious repercussions. In this article, we devote extraordinary attention to the short-term picture throughout the PMs complex. Stay tuned as in the coming day(s) we’ll explain here how it affects the long-term charts and the 2012-2013 – now link in gold. That will be so much more than a great and actionable summary.

Yesterday’s Alert was quick and timely as it was important to keep our subscribers informed as gold and silver approached their resistance levels. Today, both metals are moving lower in the pre-market trading- silver erased more than 48 hours of gains and gold more than 24 hours of gains.

Let’s being with a look at the overnight performance. It’s important because it shows prices are already much lower than it might appear based on the daily charts.

Friday, March 15, 2019

Our Incredible Price Anomaly Setup in the Nasdaq Stock Market / Stock-Markets / Stock Index Trading

By: Chris_Vermeulen

research team has been alerting our followers to a potentially deep price retracement setting up in the NQ and other US stock market majors.  Although the recent price activity has pushed to newer recent highs this week, as you will see in the chart below, our Adaptive Dynamic Learning (ADL) price modeling system is suggesting that a “price anomaly” has set up.

These types of price anomalies are indicative of when price moves in an extended way outside of or away from the ADL predicted price levels.  On the chart below, of NQ (NASDAQ), you’ll see the current setup with the predicted price anomaly highlighted as a RED SQUARE.  This NQ ADL price pattern consists of 13 unique previous ADL instances and suggests there is a greater than 65% likelihood the prices will fall towards the 6700 level in the NQ over the next few days.

Friday, March 15, 2019

UK Weather SHOCK - Trees Dropping Branches onto Cars in Stormy Winds - Sheffield / Local / Sheffield

By: N_Walayat

Its Mid March and Britain is continues to be buffeted by strong winds in the immediate aftermath of Storm Gareth. Here's one example of why trees and strong winds don't mix, as a very large branch that would have completely crushed lesser cars falls onto a Land Rover (Range Rover) in the city of Sheffield. The councils clear up team soon arrives on scene and start work with chainsaws to remove the huge branch whilst trying to avoid further damage to the Land Rovers roof and bonnet.

Friday, March 15, 2019

Best Time to Trade Forex / Currencies / Forex Trading

By: Submissions

Thursday, March 14, 2019

Why the Green New Deal Will Send Uranium Price Through the Roof / Commodities / Uranium

By: Stephen_McBride

Have you heard of Alexandria Ocasio-Cortez?

At 29 years old, she’s the youngest Congressperson in history.

Also known as “AOC,” Cortez is quite a sensation among young left-leaning folks. No surprise, she’s often referred to as the Democratic version of Trump. 2.4 million fans follow her on Twitter.

Like any socialist, AOC is full of “ideas.” Most of them involve taking money from one group of people and giving it to another.

She’s calling for a 70% top tax rate, for example. And free college. And giving free money to those “unwilling to work.”

Thursday, March 14, 2019

S&P 500's New Medium-Term High, but Will Stock Market Uptrend Continue? / Stock-Markets / Stock Markets 2019

By: Paul_Rejczak

Stocks extended their uptrend on Wednesday, as investors' sentiment remained bullish following the recent advances. The S&P 500 index was the highest since the early October yesterday. But will the rally continue despite some short-term technical overbought conditions?

The U.S. stock market indexes gained 0.6-0.7% on Wednesday, as investors' sentiment remained bullish. The S&P 500 index retraced more of its October-December downward correction of 20.2% yesterday. The market is now close to the previous medium-term local highs following an intraday rally to the new medium-term high of 2,821.24. The broad stock market's gauge is now just 4.4% below September the 21st record high of 2,940.91. The Dow Jones Industrial Average gained 0.6% and the Nasdaq Composite gained 0.7% on Wednesday.

The nearest important resistance level of the S&P 500 index is at around 2,815-2,820, marked by the medium-term local highs. On the other hand, the support level is now at 2,795-2,800, marked by the yesterday's daily gap up of 2,798.32-2,799.78. The support level is also at 2,785, marked by the Tuesday's daily gap up of 2,784.00-2,786.73.

Thursday, March 14, 2019

US Conservatism / Politics / US Politics

By: Raul_I_Meijer

Commenting on my own essays has never been my favorite activity, because before you know it you land into Russian doll territory. But a few recent comments from readers have me rethinking that, for once.

Of course I understand that my expressed views over the past two years and change on the era of Donald Trump and his presidency do not please everyone out there, whether they’re long time Automatic Earth readers or new to the site. It’s just that a surprising -to me- number of people let their thoughts and opinions be shaped by media that primarily follow the color of politics and money, not objective facts.

Or perhaps it shouldn‘t be all that surprising, given the amount of attention the mainstream media still manages to gather. Then again, if the MSM would have been right on more issues, there would never have been a place for the Automatic Earth and many other ‘alternative’ media sources. So yeah, I’m a bit of two minds on that.

Thursday, March 14, 2019

Gold in the Age of High-speed Electronic Trading / Commodities / Gold & Silver 2019

By: Michael_J_Kosares

“The best thing you can do is know how to have a balanced portfolio.” Ray Dalio, Bridgewater Associates

“The Flash Boys story put in jeopardy billions of dollars of Wall Street profits and a way of financial life.” Michael Lewis

What’s the line in that popular song. . . .  “Are you happy in this modern world?”

In an article headlined Robots conquered stock markets/Now they’re coming for bonds and currencies, Bloomberg finance reporter Lananh Nguyen tells us: “In the most liquid equity markets, more than 90 percent of trades are executed electronically, according to estimates from Greenwich Associates. That compares with 79 percent in global foreign exchange, 44 percent in U.S. Treasuries and 26 percent in U.S. corporate bonds, with the most room for growth in the latter two markets, according to [Kevin] McPartland at Greenwich.” [Link]