Monday, January 28, 2019
Have You Felt Like A 'Genius' In This Stocks Bull Market Or Have You Felt Lost? / Stock-Markets / Stock Markets 2019
There is an old adage in the market which says that "everyone is a genius in a bull market." What that really means is that as long as you keep looking to the long side in a bull market, you will be seen as a genius.
But, remember, one of the main perquisites for maintaining "genius" status is that we must be in a "bull market." So, how do you know when a bull market is coming to an end?
Many view a 20%+ decline as suggesting we are in a bear market. To explain the extent to which many hold fast to this perspective, allow me to provide you something that I witnessed recently.
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Monday, January 28, 2019
Another Major Stock Market Top at Hand? / Stock-Markets / Stock Markets 2019
Last week, I suggested that there would be a major top around the 22nd. That top proved to be January 18 right on the quadruple and powerful Bradley turn, as well as the Venus/Mars trine. That same weekend we had Mars square Saturn. On January 25th we had another Mars trine with Jupiter and the SPX appeared to make a failing ‘b’ wave top with only the Dow Industrials making a new high.Coming out of a rising wedge and making a double top is serious business, especially when you have P/C ratios as low as they are now and the fear has just about left the building. What I’m talking about is another drop coming like we had from October 3 to the December 24/26 bottom.
When I saw the shallow move down last week and the resulting attempt at new highs I knew the market was in trouble. Another thing I observed this week was President Trump asking his staff what important services would be affected if the government were shut down into April. He then suggested that the three week reprieve into February 15th would only last three weeks in which time he may enact his authority to create a national emergency. That got me to thinking.
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Sunday, January 27, 2019
Sheffield Best Secondary Schools Unqiue Trend Analysis 2019 / Local / Sheffield
It's that time of the year when Year 9 students will be trundling along with their parents to their schools GCSE Choices evenings, presentations of what subjects students could select for their GCSE studies in Year 10, and 11. Though in reality for most their won't be much of a choice as the choices forms appear to have been carefully crafted to give the illusion of choice when in reality the decisions for who will do what have already been made by the schools aimed at maintaining or improving their schools position in the GCSE results tables and in view of limited spaces for resource intensive subjects such as Computer Science which tend to be over subscribed by many times the number of places available and thus only a fraction of students will actually get places on their chosen subjects.
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Sunday, January 27, 2019
Stock Market Bulls Still in Charge, but… / Stock-Markets / Stock Markets 2019
Current Position of the Market
SPX: Long-term trend – Correcting within the very long-term bull market trend.
Intermediate trend – A bearish correction has started which could retrace as low as 2200 before it is complete
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.
Sunday, January 27, 2019
Fed Doves Take Flight (But We Are Not in Kansas Anymore) / Interest-Rates / US Interest Rates
Wise guys trading Fed Funds futures see no more rate hikes in 2019, and a few even imagine a rate cut before year-end. Here are the projections for the next 3 meetings, showing an overwhelming view that the Fed will hold the current 225-250 target rate. Graphics: CME Group
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Sunday, January 27, 2019
Will Liquidity Prevail In The Markets? / Stock-Markets / Financial Markets 2019
VIX challenged Short-term resistance at 21.77 on Tuesday, but eased back toward long-term support at 16.51 at the close on Friday. The Primary Cycle [C] that may have just started may be a multiple of the Primary Wave [C] of February 2018.
(RealInvestmentAdvice) All Quiet on the Western Front is a 1929 novel which describes German soldiers’ extreme physical and mental stress during World War I, and subsequent detachment from civilian life felt by many soldiers upon returning home. This novel was eventually made into a major motion picture.
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Saturday, January 26, 2019
Dubai Stock Market Faces Potential Bullish Reversal / Stock-Markets / Dubai
DFMGI
- Potential inverse head & shoulders bullish reversal setup in the daily chart for the Dubai Financial Market General Index (DFMGI). (Exposure can also be accessed via iShares MSCI UAE ETF (UAE), traded in the U.S. Although average volume is relatively low.)
- Pattern occurs off December 2,429.12 low, which completed a 34% 14-month decline from the October 2017 swing high.
- Bullish 14-day RSI divergence.
- Breakout triggered on decisive move above 2,561.
- Minimum target objective of approximately 2,716.80 as derived from the head & shoulders pattern (previously support zone from October 2018 & in area of 1.618 Fibonacci projection).
- Other potential targets are highlighted on the below chart and derived from prior price and Fibonacci confluence levels.
- Current pattern is invalid on a daily close below the right shoulder at 2,479.37.
Saturday, January 26, 2019
IMF Proposes a 10% Wealth Tax on NET WORTH / Stock-Markets / Taxes
They’re coming for your money.
The Everything Bubble has burst and the debt markets are in distress. We’ve already seen yields rise above their long-term downtrend, suggesting that higher debt costs are now a reality.
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Saturday, January 26, 2019
TONY FOULDS Get's US Bomber Crash Memorial Fly Over on 22nd Feb (BBC) / Local / Sheffield
2019 will mark the 75th anniversary of the crash of a US B17 Flying Fortress bomber in Endcliffe Park, Sheffield on the 22nd of February 1944 costing the lives of the 10 member crew of the "Mi Amigo". Pensioner Tony Foulds aged 82 regularly tends the memorial site after witnessing the plane crash as a child, and states that he owes his life to the airmen who avoided children in the park.
Tony after bumping into the BBC Presenter Dan Walker managed to arrange a multi-air craft fly over on the 22nd of February 2019 (weather permitting). This is the BBC news report when Dan Walker breaks the news to Tony Foulds live on BBC Breakfast News that he has got his fly by, with tears and smiles.
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Saturday, January 26, 2019
Why Everyone’s Talking About Gold & Silver / Commodities / Gold & Silver 2019
If you have been following some of the research posts by some of the biggest names in the precious metals industry, you may understand “why” so many people are so excited about the opportunities in Gold and Silver recently. There are so many facets to the fundamental and emotional functions of precious metals as an industrial commodity as well as a safe-haven investment to protect against risk and to hedge against inflation. Old school traders were taught to “watch gold, oil, and bonds” for signs of concern, weakness and as a means of gauging total market sentiment. The idea behind this statement was these market tend to act as the “canary in the coal mine” in terms of fear and risk.
Recently, we posted an article that suggested Gold, Silver and many other precious metals would move in unison as this new price expansion takes place (https://www.thetechnicaltraders.com/metals-moving-in-unison-for-a-massive-price-advance-part-ii/). Many of our modeling systems are suggesting that Gold will rocket well above $1400 sometime near May or June of 2019. These predictive modeling tools help us to identify opportunities and price moves well ahead of the other research firms available today. Our unique tools can actually pinpoint times/dates when breakout moves should take place and allow traders to prepare for these moves months in advance – like today.
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Saturday, January 26, 2019
Gold Price Is Rallying in All Other Fiat Currencies / Commodities / Gold & Silver 2019
Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason.
Coming up Greg Weldon of Weldon Financial joins us for a 2019 outlook. I’ll ask him if the thinks the recent stock market rally has legs – and also for his forecast for gold this year. And Greg has some very interesting news regarding the yellow metal which – to his surprise – hardly anyone knows about. Don’t miss another fantastic interview with Greg Weldon, coming up after this week’s market update.
Gold and silver markets traded modestly lower through Thursday’s close as the U.S. Senate failed to pass bills to re-open the government. All the metals are up today however.
President Trump’s compromise deal garnered a majority but drew just one Democrat vote and came up a few shy of the 60 needed. So the shutdown persists – along with growing partisan rancor and pettiness.
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Saturday, January 26, 2019
How to Manage Your Online Gambling Budget / Personal_Finance / Gambling
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Friday, January 25, 2019
Gold Stocks Upleg Pauses / Commodities / Gold & Silver 2019
The gold miners’ stocks have slumped in January, tilting sentiment back to bearish. This sector’s strong December upward momentum was checked by gold’s own upleg stalling out. Gold investment demand growth slowed on the blistering stock-market rally. But uplegs always flow and ebb, and this young gold-stock upleg merely paused. The gold miners’ gains will likely resume soon, rekindling bullish psychology.
Most investors and analysts track the gold-mining sector with its leading ETF, the GDX VanEck Vectors Gold Miners ETF. GDX was this sector’s pioneering ETF birthed in May 2006, creating a huge first-mover advantage that is insurmountable. This week GDX’s net assets of $9.9b were an incredible 56.7x larger than the next-biggest 1x-long major-gold-miners ETF! GDX dominates this space with little competition.
Back in early September, the gold stocks plunged to a major 2.6-year secular low per GDX. This sector suffered a brutal forced capitulation on cascading stop-loss selling, devastating sentiment. The triggering catalyst was gold getting pounded to its own major lows in mid-August on record futures short selling. At worst GDX fell to $17.57 on close, which was down an ugly 24.4% year-to-date. Most traders fled in disgust.
But major new uplegs are born in peak despair, and that was it. The gold stocks started recovering out of those fundamentally-absurd levels, gradually carving a solid upleg. By early January GDX had rallied 22.3% higher in 3.7 months, fueling more-optimistic sector sentiment. Plenty of speculators and investors including me were comparing 2019’s setup for gold stocks to the first half of 2016, a wildly-lucrative stretch.
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Friday, January 25, 2019
Will We See a Recession and a Rally in Gold in 2019 or 2020? / Economics / Recession 2019
We will see a recession and a rally in gold in 2019 or 2020. True or false? We invite you to read our today’s article about ‘recession in 2020’ narrative and find out what it all means for the gold market.
114 months. So long is the current US economic expansion. It officially started in June 2009, and if the country avoids recession until July 2019, the uptrend in the business cycle will exceed 120 months, becoming the longest expansion since at least 1857, when the NBER began recording economy.
Last year, we analyzed the popular claim that “the current expansion is so long, that it must end soon”. Surprisingly for us, we reached similar conclusions to Janet Yellen, who said once that expansions do not die of old age.
However, many analysts present more sophisticated arguments for the upcoming crisis. For example, Morgan Stanley has recently estimated the odds of recession in the US at 15 percent in 2019 and 30 percent in 2020. Larry Summers, the former Treasury Secretary, has gone even further, putting the chances of a recession in the US within the next two years at about 50 percent.
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Friday, January 25, 2019
The Financial Secret Behind Germany’s Green Energy Revolution / Commodities / Renewable Energy
The “Green New Deal” endorsed by Rep. Alexandria Ocasio-Cortez, D.-N.Y., and more than 40 other House members has been criticized as imposing a too-heavy burden on the rich and upper-middle-class taxpayers who will have to pay for it. However, taxing the rich is not what the Green New Deal resolution proposes. It says funding would come primarily from certain public agencies, including the U.S. Federal Reserve and “a new public bank or system of regional and specialized public banks.”
Funding through the Federal Reserve may be controversial, but establishing a national public infrastructure and development bank should be a no-brainer. The real question is why we don’t already have one, as do China, Germany and other countries that are running circles around us in infrastructure development. Many European, Asian and Latin American countries have their own national development banks, as well as belong to bilateral or multinational development institutions that are jointly owned by multiple governments. Unlike the U.S. Federal Reserve, which considers itself “independent” of government, national development banks are wholly owned by their governments and carry out public development policies.
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Friday, January 25, 2019
Saudi Arabia Warns: We’ll Pump The World’s Very Last Barrel Of Oil / Commodities / Crude Oil
Saudi Arabia isn’t buying the peak oil demand narrative.
OPEC’s largest producer continues to expect global oil demand to keep rising at least by 2040 and sees itself as the oil producer best equipped to continue meeting that demand, thanks to its very low production costs.
Saudi Arabia will be the one to pump the last barrel of oil in the world, but it doesn’t see the ‘last barrel of oil’ being pumped for decades and decades to come.
“I don’t see peak [oil] demand happening in 10 years or even by 2040,” Amin Nasser, president and chief executive officer of Saudi oil giant Saudi Aramco told CNN Business’ Emerging Markets Editor John Defterios on the sidelines of the World Economic Forum in Davos this week.
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Friday, January 25, 2019
Will the Stock Market and U.S. Dollar Fall Together Soon? / Stock-Markets / Stock Markets 2019
With the stock market stuck at its 50% fibonacci retracement, many traders are looking for a pullback/retest. While the Q4 2018 stock market decline coincided with a flat U.S. Dollar, there’s a high probability that the next pullback/retest will coincide with a falling U.S. Dollar.
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Friday, January 25, 2019
Sheffield Best Secondary Schools Trend Analysis 2018, GCSE Choices 2019 / Local / Sheffield
It's that time of the year when Year 9 students will be trundling along with their parents to their schools GCSE Choices evenings, presentations of what subjects students could select for their GCSE studies in Year 10, and 11. Though in reality for most their won't be much of a choice as the choices forms appear to have been carefully designed to give the illusion of choice when in reality only a few will be offered real choice of subjects due to the fact that high demand courses such as Computer Science will tend to be heavily over subscribed and thus only a fraction of those who choose this will get what they want.
Anyway, here is our definitive answer to the question what are currently Sheffield's best secondary schools based on trend analysis which ranks the schools in terms of consistency of results, as results do tend to vary from year to year. The graph represents Sheffield's Top 18 secondary schools out of a total of 51 rated in terms of consistency in attaining high rankings in the school league tables from 2001 to 2018, for 5 A-C GCSE's from 2001 to 2016, since when available data has changed for most schools to measuring Attainment 8 Scores, so data has been normalised as a % of top scoring school so as to continue this trend series.
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Thursday, January 24, 2019
Currency War Combatant Capability Comparisons / Currencies / Currency War
College football teams are broadly ranked by their strength so that a contest between teams may be both interesting to watch and be seen as fair. Accordingly, teams ranked being in Division One, only play other teams in the same division. In the Olympics, where fairness and sportsmanship are elevated, boxers, wrestlers, and weightlifters compete in their own specific weight class. It is immediately obvious that members of a lighter weight class have little chance of winning against someone in a heavier class. No such fairness or “sportsmanship” is extended in the contest over currencies.
Currency wars usually are clandestine, and information regarding their operations are usually difficult or impossible to confirm. As a result, anyone trying analyze or get information on such activities will quickly be stymied. However, one can infer from important market price information evidence related to currency wars. For example, if a country’s currency declines 20% or more over a short period of time, it is reasonable that some currency manipulation has occurred, and that it is the likely cause of the decline. A currency war is an act of war.
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Thursday, January 24, 2019
Electricity Prices on the Rise / Personal_Finance / Electricity
Electricity is not really something any of us can do without. Whether you have a tariff or a prepaid meter the money soon seems to go, and the media is continually reminding us that prices are going up. Consumers are feeling badly let down by Ofgem, the industry regulators who put a cap in place to ensure that variable tariffs could only rise to a certain point, and then moved the cap higher leaving people feeling frustrated and angry.Read full article... Read full article...