Wednesday, November 07, 2018
Is Oil's Freefall Over? Here's a FreePass to Find Out NOW / Commodities / Crude Oil
Dear Investor,
While most traders have been watching the S&P, oil plunged 18% in October. In the process, crude broke below a key long-term trendline. You know what that means: It's an exciting potential opportunity.
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Wednesday, November 07, 2018
USD’s Weekly Breakout and the Gold Golden Spring / Commodities / Gold and Silver 2018
USDX’s Friday’s close was its highest weekly closing prices of 2018. This is an extremely significant confirmation of the bullish outlook for the US currency that followed the verification of the breakout above the inverse head-and-shoulders pattern. The implications are clearly bullish for the US dollar. But are they clearly bearish for gold? The yellow metal ended the week close to its October lows and the SLV ETF closed at the highest level since late August. Is the outlook for the precious metals market really bearish?
Yes, it is. Precious metals’ reaction to the action in the USD could be delayed at times and it's most likely the case also this time. The current times are far from being calm due to the recent volatility on the stock market and because we are just before US elections. Consequently, it’s not that odd to see gold and silver hold up relatively well despite the build-up in the bearish implications from many long-term charts and from the USD Index.
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Wednesday, November 07, 2018
Here’s Why Most People Never Achieve Financial Independence / Personal_Finance / Learning to Invest
Everyone strives to be financially independent. By “independent,” we mean not dependent on another person or another entity for our financial well-being.When we are children, we are financially dependent on our parents.
At 16, some teenagers will get jobs and achieve a degree of financial independence. Although that is less and less common.
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Wednesday, November 07, 2018
UK Easy Access Savings Accounts Not So Easy After All! / Personal_Finance / Savings Accounts
Competition in the easy access market is starting to boom, with providers increasing rates in an effort to enter the Best Buy charts. However, these great rates seem to come with a catch, as the latest research from Moneyfacts.co.uk shows that the number of easy access accounts with either a withdrawal restriction, a bonus or those that revert to a lower paid account after 12 months is growing – with 32% of the easy access market now having one of these restrictions.
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Wednesday, November 07, 2018
Stocks Made a Post-crash Bounce. What’s Next? / Stock-Markets / Stock Markets 2018
The S&P 500 has made a correction and its bounce stalled at the 38.2% retracement.
Here’s our long term, medium term, and short term outlook for the U.S. stock market. As U.S. stock market investors and traders, our job is to separate the signal from the noise.
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Wednesday, November 07, 2018
The Fourth Turning & War Of The Worlds / Politics / US Politics
“In retrospect, the spark might seem as ominous as a financial crash, as ordinary as a national election, or as trivial as a Tea Party. The catalyst will unfold according to a basic Crisis dynamic that underlies all of these scenarios: An initial spark will trigger a chain reaction of unyielding responses and further emergencies. The core elements of these scenarios (debt, civic decay, global disorder) will matter more than the details, which the catalyst will juxtapose and connect in some unknowable way. If foreign societies are also entering a Fourth Turning, this could accelerate the chain reaction. At home and abroad, these events will reflect the tearing of the civic fabric at points of extreme vulnerability – problem areas where America will have neglected, denied, or delayed needed action.” – The Fourth Turning– Strauss & Howe
The paragraph above captures everything that has happened, is happening, and will happen during this Fourth Turning. It was written over two decades ago, but no one can deny its accuracy regarding our present situation. The spark was a financial crash. The response to the financial crash by the financial and governmental entities, along with their Deep State co-conspirators who created the financial collapse due to their greed and malfeasance, led to the incomprehensible election of Donald Trump, as the deplorables in flyover country evoked revenge upon the corrupt establishment.
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Wednesday, November 07, 2018
The Economic Costs of Corruption in Philippines / Economics / Phillippines
The recent $200 million customs debacle may be just a tip of the iceberg. Due to illicit financial flows, Philippines has lost almost $10 billion annually. Tax evasion may be as costly. In this status quo, only a fully independent anti-graft campaign can succeed.In August, 500 kilos of shabu (methamphetamine), estimated at ₱4.3 billion (over $80 million), that entered the country was intercepted by the Bureau of Customs at Manila’s container port. The next day, authorities found similar containers, but not the drugs estimated at ₱11 billion (almost $210 million).
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Wednesday, November 07, 2018
Following The Stock Market "Heard" Can Get You Into Trouble / Stock-Markets / Stock Markets 2018
So, I heard that good news is now bad news and bad news is now good news in the market. Or was that bad news is bad news and good news is bad news? Or, was that bad news is bad news and good news is good news? To be honest, I just can’t keep up with all the convoluted ways people try to explain how to view the market based upon news. And, it changes all the time.
Last week, I heard the dollar rally was causing the market to tank. Well, by Wednesday this past week we had rallied 130 points off the lows in the S&P 500, and the dollar continued to rise along with us at the time. This is another Foghorn Leghorn market moment for analysts:
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Wednesday, November 07, 2018
Zimbabwe's Road to Serfdom / Economics / HyperInflation
In 1944, my good friend, the late Nobelist Friedrich Hayek (1899-1992), published the Road to Serfdom. It immediately became an international sensation. In it, Hayek argued that government interventions into markets, whether they be via regulatory mandates or the outright taking of private property, will lead to an initial failure. In short, they will be counterproductive. In an attempt to correct its initial errors, the government then does more of the same, only in greater detail. Further disappointments will lead to still more far-reaching and detailed interventionist measures, until socialism and a state of total tyranny are reached.
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Wednesday, November 07, 2018
Stock Market Counter-trend Rally / Stock-Markets / Stock Markets 2018
Current Position of the Market
SPX: Long-term trend – Bear market
Intermediate trend – Bear market rally
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.
Wednesday, November 07, 2018
Britain's Unreliable Railways - Transpennine Express to Manchester Airport / ConsumerWatch / Travel & Holidays
Strikes and power failures have become the norm for Britain's increasingly unreliable failing rail network as illustrated on a grand scale recently which saw the whole of the South East rail network being brought to a shuddering halt for over 6 hours leaving passengers scrambling for alternatives to reach their destinations on time, especially stressful for time critical appointments such as catching an airplane.
Therefore we were playing russian roulette in our choice to go by train from Sheffield to Manchester Airport to catch our easyjet flight to start our 10 day holiday in Turkey. We allowed plenty of time for the Transpennine Express to screw up, so what could go possible wrong? Find out in our latest video.
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Tuesday, November 06, 2018
US Midterm Elections Forecast 2018 / ElectionOracle / US Congressional Elections
Several patrons have messaged me asking for my views on the mid-term US elections. Whilst I’ve not been following these elections too closely i.e. in terms of betting on them, nevertheless here is my view which is primarily based on the fact that usually the party that holds the White House tends to do badly in the mid-terms.
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Tuesday, November 06, 2018
Stock Market Calm Before The Storm / Stock-Markets / Stock Markets 2018
With very strong US jobs data hitting the news wires this morning and an incredible upside price swing overnight because of expectations and hope of a US/China trade deal in the works, we were not surprised by the downside rotation in the US stock market this morning. As we’ve been warning for the past 3+ months, we expect the US stock markets to trade very narrowly headed into the US mid-term elections and begin a breakout upside price move sometime between November 8 and November 12.
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Tuesday, November 06, 2018
Stock Market’s Short term Outlook is Slightly Bearish, But Medium term is Bullish / Stock-Markets / Stock Markets 2018
The U.S. stock market’s daily volatility is high, with large intraday swings. Here’s the S&P 500.
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Tuesday, November 06, 2018
Financial Markets Are Making Faulty Assumptions about Growth & Resources / Stock-Markets / Financial Markets 2018
Mike Gleason: It is my privilege now to welcome in Dr. Chris Martenson of PeakProsperity.com, and author of the book Prosper! How to Prepare for the Future and Create a World Worth Inheriting. Chris is a commentator on a range of important topics such as global economics, financial markets, governmental policy, precious metals and the importance of preparedness among other things. And it's always great to have him with us.
Chris, it's been too long, but welcome back and thanks for joining us again.
Chris Martenson: Hey Mike. Thank you so much. It's great to be back with you.
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Tuesday, November 06, 2018
Trump's War on the Fed / Politics / US Federal Reserve Bank
October was a brutal month for the stock market. After the Federal Reserve’s eighth interest rate hike, on Sept. 26, the Dow Jones Industrial Average dropped more than 2,000 points, and the NASDAQ had its worst month in nearly 10 years. After the Dow lost more than 800 points on Oct. 10 and the S&P 500 suffered its first weeklong losing streak since Trump’s election, the president said, “I think the Fed is making a mistake. They are so tight. I think the Fed has gone crazy.” In a later interview on Fox News, he called the Fed’s rate hikes “loco.” And in a Wall Street Journal interview published on Oct. 24, Trump said he thought the biggest risk to the economy was the Federal Reserve, because “interest rates are being raised too quickly.” He also criticized the Fed and its chairman in July and August.
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Tuesday, November 06, 2018
Positive Implications for Gold Miners if Crude Oil Breaks Down / Commodities / Crude Oil
It’s an over obsessed upon commodity, previously hyped for its (Hubbert’s) “peak” status by “experts” like T Boone Pickens and a whole clown show of promoters amplified by the media at the time.
Now WTI Crude Oil has reached a thick resistance zone (as managed in NFTRH for the last couple of years) and may be breaking down from a peak of a whole other kind. Here is the monthly chart we use.
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Tuesday, November 06, 2018
Energy Markets Analysis FreePass / Commodities / Commodities Trading
Dear Investor,
While most traders have been watching the S&P, oil plunged 18% in October. In the process, crude broke below a key long-term trendline. You know what that means: It's an exciting potential opportunity.
That's why we've got an exciting free event starting Tuesday, Nov. 6. We call it our Energy FreePass event, where we unlock our trader-focused Energy Pro Service for 3 days. It's free for everyone.
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Tuesday, November 06, 2018
Top Tips for Buying an Approved Used Land Rover from a Main Dealer / Personal_Finance / Motoring
Thinking of buying an 'Approved Used' Land Rover from a main dealer? Then here's what you need to know before you fall for the 'approved used' sales pitch! Learn from my experience of buying and owning an approved used land rover over the past 10 months. Here are my top tips of what to look out for from when to buy, what to check for and even from where to buy from, all aimed at helping you make a better decision than was the case for me some 10 months ago.
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Tuesday, November 06, 2018
What Every Investor Can Learn from Gamblers / Personal_Finance / Learning to Invest
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