Tuesday, December 25, 2018
Rampaging Stock Bear Markets WorldWide vis-à-vis CHRISTMAS / Stock-Markets / Stock Markets 2018
All major stock indices WORLDWIDE are presently in a Bear Market mode. In fact there is no exception: Stocks are trending downward in the North America, Asia, Europe and Mexico…without exception. This analysis will consist of mainly the stock charts of 16 major exchanges of the three continents (i.e. the Americas, Asia and Europe):
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North America (USA and Canada)
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Asia (China, Hong Kong, India and Japan)
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Europe (Germany, France and Euro FTSE)
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Mexico
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Dow Jones Global And World Indices
Tuesday, December 25, 2018
Treasury Secretary Panics as Stock Markets Melt Down and Trump Mulls Firing Fed Chair Powell / Stock-Markets / Stock Markets 2018
Wall Street didn’t take well to the Federal Reserve’s latest rate hike and projection for two more to come in 2019.
Neither did the White House.
President Donald Trump slammed Fed chairman Jerome Powell yet again and reportedly asked advisors within his inner circle whether he has the legal authority to fire Powell.
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Tuesday, December 25, 2018
Sheffield Christmas Market and Lights 2018 - City Centre from Fargate to Moorfoot / Local / Sheffield
Here's a walk through Sheffield city centres Christmas Market 2018, the various sights and sounds, food stalls, light displays and general atmosphere of what it was like, even a santa's grotto, walking from the starting point in Fargate past the big wheel. Town hall christmas tree, onwards to the big santa at City Hall and then back at the peace gardens to visit santa#s grotto. Then off to see the moor displays from the big polar bear outside the Light, down past Atkinson's big christmas tree terminating at moor foot.
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Monday, December 24, 2018
Jaguar Land Rover BrExit Car Crash, Steep Losses and New Year Job Cuts / Companies / Auto Sector
The news out of Jaguar land Rover seems to go from bad to worse as it's latest results saw profits of £953mln for the period March to September for 2017 wiped out for the same period in 2018, replaced with a loss of £354mln resulting in the loss of over 1 thousand jobs and many more being put on a three day week. With rumours of plans to shed as many as 5000 jobs in the new year out of a work force of approx 38,000 that is unlikely to bring any Christmas cheer to the JLR work force as the loss making car manufacturer attempts to cut costs.
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Monday, December 24, 2018
Gold Price Trend Forecast Review and Stocks Brief / Commodities / Gold and Silver 2018
Here's a quick update of my Gold Price trend forecast.
My forecast conclusion as of early September was to expect the following trend for the Gold Price for the remainder of 2018
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Monday, December 24, 2018
If The Fundamentals Are Still Bullish, Why Is The Stock Market Crashing? / Stock-Markets / Stock Markets 2018
I would not have had to invest or work at all if I had $100 for every time I heard an analyst tell me that the market is just not trading upon fundamentals at this time. In fact, when the market seems to disconnect from the fundamentals, analysts view it as the market being wrong.
But, isn't it my responsibility as an investor to align my investment account with the market rather than the "fundamentals?" So, I would much rather be wrong and profitable rather than be right and in the red.
Take a step back and think about this. When the market was hitting its low in 2009, were the fundamentals bearish or bullish?
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Monday, December 24, 2018
S&P Breaks 2018 Feb Lows – What Next? / Stock-Markets / Stock Markets 2018
The ES (S&P e-mini contracts) broke the support level from the February 2018 lows immediately after the US Federal Reserve announced a 25 bp rate hike this week. This breakdown below the February 2018 lows is concerning because it indicates that previous support is not holding and we could be in for further downside price activity.
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Monday, December 24, 2018
Stock Market Waterfall Decline / Stock-Markets / Stock Markets 2018
Current Position of the Market
SPX: Long-term trend – Bullish, but correcting within the 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.
Monday, December 24, 2018
Trump Derangement International / Politics / Mainstream Media
Dirk Kurbjuweit, deputy editor-in-chief of Germany’s Der Spiegel magazine for the past 4 years, unwittingly put his foot a mile deep in his mouth this week when he reacted to a letter written by US Ambassador to Berlin Richard Grenell. His reaction presents perhaps the most perfect example of the downfall of news, journalism, the media in general, that we’ve seen so far. Most perfect among very stiff competition.
After Der Spiegel itself this week ‘outed’ its award-winning star reporter, Claas Relotius, as someone who had made up many of his lauded articles from scratch, Grenell suggested the magazine, and especially its editorial staff, shouldn’t think they can get away with putting all the blame on just this one guy. He tweeted:
Read full article... Read full article...We value policy criticism. We love a free press. But @Spiegel literally fabricated stories saying people (Americans) were racist & xenophobic. They made up events, details, & lies – and no editor checked the stories. Every real journalist should be outraged by this.
Sunday, December 23, 2018
Land Rover Discovery Sport 1 Year Owner Driver Mega Review - What's Good and Bad / ConsumerWatch / Motoring
Here is my comprehensive mega review of what's good and bad about the Land Rover Discover Sport after having owned and driven a HSE Black trim for over 1 year. All of the questions answered that you need to ask before buying a Discovery Sport after having put the car through its paces for a whole year of driving, of what to expect under real world driving conditions, all that is good and bad which includes the following and more -
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Sunday, December 23, 2018
Silver Price Trend Forecest 2018 Review / Commodities / Gold and Silver 2018
This is the 1st in a series of 4 videos that concludes in a trend forecast for the Silver price 2019.
- Silver Price Trend Forecast 2018 Review
- Gold - Silver Ratio
- Silver Price Trend Analysis 2019
- Silver Price Trend Forecast Conclusion for 2019
Sunday, December 23, 2018
The Fed Tightens the Monetary Noose / Interest-Rates / US Interest Rates
The Fed defied President Trump’s irreverent Tweets. Indeed, the Fed did what it signaled it was going to do long before Trump pushed the “Tweet” button. Yes, the Fed—with all 10 members of the Federal Open Market Committee (FOMC) voting “yes”—increased the federal funds interest rate by 25 basis points to the 2.25-2.50% range. And, as night follows day, the U.S. equity markets, currency markets, and precious metals markets took a hit.
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Sunday, December 23, 2018
President Trump's Trade Rubbish / Politics / Protectionism
The U.S. trade war rages on. With each passing day, there is news about a flare up, primarily on the front where the United States and China are confronting each other. While these flare ups rattle the markets, they don’t seem to rattle President Xi or President Trump. Indeed, neither Xi nor Trump seem inclined to give ground. For his part, Trump has recently tasked Robert Lighthizer, the U.S. Trade Representative, to lead the U.S. in trade negotiations with China. And, Lightizer, having a long ultra-protectionist record, has a reputation for taking no prisoners in trade battles.
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Sunday, December 23, 2018
Can The Markets Get Any Worse? / Stock-Markets / Financial Markets 2018
Supported by its Cycle Top at 21.96, VIX rallied above its Head & Shoulders neckline at 30.00 on Friday, closing above it. It is entirely possible that it could meet its target in the next week.
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Saturday, December 22, 2018
Worst December for Stock Market Since the Great Depression. What’s Next? / Stock-Markets / Stock Markets 2018
This is officially the third worst December for the stock market since 1900. The only other 2 times the S&P fell more than -12% in December were 1930 and 1931
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Saturday, December 22, 2018
Meadowhall Sheffield Shopping Mall Christmas Lights 2018 / Local / Sheffield
It's Christmas at Meadowhall! One of Britain's largest shopping centres. So off we went to enjoy the mega light displays spread throughout Sheffield's indoor shopping centre.
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Saturday, December 22, 2018
Stock Market Nearing Low as Gold Tests Resistance / Commodities / Gold and Silver 2018
As we’ve been saying, the stock market will have great influence on Gold. It has been easy to see in recent months.
The S&P 500 has cracked, losing both its 200-day and 400-day moving averages. Gold and gold stocks have benefitted and gained in recent months even with a stable to rising US Dollar.
The past 65 years of history shows us that in almost any context (but not all) the time between the Fed’s last rate hike and first rate cut is exactly when you want to buy gold stocks.
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Saturday, December 22, 2018
Markets Reject the Fed? / Stock-Markets / Financial Markets 2018
On Wednesday, the Fed raised the Fed Funds rate by a quarter point as expected. The FOMC statement was suitably "dovish" by reducing the consensus forward guidance on future rate hikes from three to two. The Fed also signalled that its Quantitative Tightening program would continue on "autopilot" as planned. The response was not what the Fed expected. Stocks fell hard and bonds soared.
Financial markets are about to revisit some important questions.
First, does QE actually work? Does it boost the real economy or does it simply drive up valuations by encouraging speculation? We think the weakest economic recovery in two generations provides the answer.
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Saturday, December 22, 2018
Forget the Noise, Follow the US Dollar / Commodities / Gold and Silver 2018
Sector expert Michael Ballanger examines the effects of the Federal Reserve Bank interest rate increase and plans for 2019.
"Gold is the money of kings. Silver is the money of gentlemen. Barter is the money of peasants. And debt is the money of slaves."
Here are a couple of facts one needs to remember when attempting to decipher yesterday's Federal Open Market Committee (FOMC) announcement and press conference by Fed Chairman Jerome Powell:
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Saturday, December 22, 2018
Fed Gooses Gold, Miners / Commodities / Gold and Silver 2018
The dovish Federal Reserve lit a fire under gold and its miners’ stocks this week. As universally expected the FOMC hiked rates for the 9th time in this cycle. But it also lowered its 2019 rate-hike outlook bowing to the stock-market selloff. Traders dumped gold initially thinking that wasn’t dovish enough. But market reactions to the FOMC form over a couple days, and gold surged overnight. Its post-Fed rally has great potential.
Gold-futures speculators dominate gold’s short-term trading action. They punch way above their weight in capital terms thanks to the extreme leverage inherent in gold futures. This week, the minimum margin for trading each 100-ounce contract controlling $125,000 worth of gold at $1250 was just $3400! These traders can run crazy maximum leverage as high as 36.8x, compared to the stock markets’ legal limit of 2x.
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