Sunday, October 07, 2018
Stock Market Breaking Down After Long Uptrend. More short-term Weakness Ahead? / Stock-Markets / Stock Markets 2018
Perspective is important. After a very steady rally over the past 3 months, the U.S. stock market is finally starting to “break down”. But before you panic, realize that this “break down” is very small in the grand scheme of themes. Some traders are looking for a retest of the 200 day moving average.
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Sunday, October 07, 2018
The Latest Double Standard from the Fed / Interest-Rates / US Federal Reserve Bank
Collectively, we just got screwed again, and I bet most people didn’t even know it. It happens so many times, particularly at the hands of the Federal Reserve, it’s hard to keep track.A new bank called The Narrow Bank, or TNB, recently applied for an account with the Fed.
This would give the bank recognition by a local reserve bank, in this case New York, and access to its services, like distribution of currency, check processing and other forms of electronic payments.
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Sunday, October 07, 2018
Looking at the “New NAFTA” Trade Agreement / Stock-Markets / Global Economy
Well, this is getting exciting!We just got an agreement this morning with Canada and Mexico to replace NAFTA, which has driven the markets higher.
I thought the Trump-induced trade war with China would have resolved by now as well. At the beginning of the summer I forecast that the president would talk big, beat on a couple of trade partners with some tariffs, then quickly reach a negotiated truce and claim victory.
It hasn’t turned out that way.
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Sunday, October 07, 2018
One More Bounce for the Gold Price / Commodities / Gold and Silver 2018
You know by now that I think gold is above all a commodity, and in a bubble that was more extreme than stocks… a bubble that’s been bursting since September 2011, but…Gold and bitcoin are two examples of bubbles bursting that are NOT following my bubble model as well as most. Both, thus far, are basing out at higher levels than I expected.
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Sunday, October 07, 2018
Where Have the Affordable Homes Gone? / Housing-Market / US Housing
Bubbles are self-defeating. Their success is what eventually kills them.The same is true for cycles.
Take the urbanization cycle for example…
As a population urbanizes, people get wealthier. But more affluent urbanites have fewer kids and that slows future demographic growth for the next generation.
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Sunday, October 07, 2018
Impact of FOBT Regulation: Online Gaming Shares / Companies / Gambling
Fixed odds betting terminals (FOBTs) have become a hot topic for UK gaming operators over the last two years. Following protests by anti-gambling advocates, the government initiated a full review of the betting shop gaming machines at the end of 2017. At the heart of the debate was the amount players were able to bet. Under the regulations at the time, players could wager a maximum of £100 per round.
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Saturday, October 06, 2018
How Commodities Will Perform in the 'Impending Massive Credit Crunch' / Commodities / Commodities Trading
Technical analyst Clive Maund looks at the factors that he sees are behind a massive credit crunch and discusses how the markets could react. An enormous "sword of Damocles" hangs over all markets now. A massive liquidity drain is underway as global QE reverses into QT and rates rise against the background of immense ubiquitous crippling debt burdens. What this means is that the biggest credit crunch of all time is bearing down on us, which will involve markets crashing in the absence of bids, serious dislocation of capital markets and out of control interest rates.
This is probably the high point for Trump's presidency as the stock market enjoys its final "swansong rally" ahead of the crash, buoyed up the last of the stock buybacks before rising rates choke them off, and the dumbest of the dumb money who think that because the market has been in an uptrend for years it's going to continue.
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Saturday, October 06, 2018
Gold Stocks Recovering / Commodities / Gold and Silver Stocks 2018
The battered gold miners’ stocks are finally starting to recover after a rough few months. Their prices slid with gold in July, plummeted in a brutal forced capitulation in August, and then dropped again in an echo capitulation into mid-September. That left them at fundamentally-absurd price levels wildly disconnected from their actual profitability, leaving this sector with big mean-reversion upside ahead as it bounces back.
The leading gold-stock investment vehicle and increasingly benchmark is the GDX VanEck Vectors Gold Miners ETF. As of this week it still had $8.5b of net assets even at today’s super-depressed gold-stock prices. That dwarfs everything else in the 1x-long major-gold-miners ETF space, running 40.5x bigger than its next largest competitor! So GDX is the dominant proxy for the fortunes of the gold miners’ stocks.
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Saturday, October 06, 2018
Prepare for a Gold/Silver Rally / Commodities / Gold and Silver 2018
Our modeling systems are suggesting that Gold and Silver will begin a new upside rally very quickly. We wrote about how our modeling systems are suggesting this upside move could be a tremendous opportunity for investors over 2 weeks ago. Our initial target is near the $1245 level and our second target is near the $1309 level. Recent lows help to confirm this upside projection as the most recent low prices created a price rotation that supports further upside price action. What is needed right now is a push above $1220 before we begin to see the real acceleration higher.
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Saturday, October 06, 2018
More Evidence Of Manipulation In The Gold Market / Commodities / Gold and Silver 2018
This past week, we saw that the Bank of Nova Scotia was charged by the Commodity Futures Trading Commission with multiple acts of spoofing in gold and silver futures between June 2013 and June 2016. Traders placed orders to buy or sell precious metals futures contracts with the intent to cancel the orders before execution, the CFTC said.
So, the tin-foil hat wearers are back out in full force screaming about how this market rigging has caused gold to collapse over the last seven years. Unfortunately, anyone who believes this is simply not dealing with the facts of any of the supposed “manipulation” cases. You see, believing that these manipulation cases caused the gold market to drop from is 2011 high is no different from believing that a paper cut can cause someone to bleed to death.
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Saturday, October 06, 2018
Sheffield Best Secondary School Places 2018 League Tables Analysis / Local / Sheffield
It's the time of the year when Sheffield's parents and students will have been busy visiting Sheffield's secondary school open days as they attempt to determine the best schools to apply to in the countdown to the 18th October online noon deadline and 31st October paper deadline for secondary school place applications with offers announced on 1st of March 2019. However, the school league tables can prove misleading as many of Sheffield's 38 or so secondary schools for whatever reason tend to exhibit volatility in performance from year to year. Therefore schools that currently rank high may rank lower in subsequent years i.e. by the time today's Year 7's progress to Year 11 GCSE exams.
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Saturday, October 06, 2018
Strict Gambling Rules: Casino Brands that Get Penalised by UKGC / Companies / Gambling
The UK Gambling Commission (UKGC) has a strict set of rules when it comes to protecting consumers from the irresponsible advertising, misleading promotions by the gambling firms. It governs the online casinos of the country and has the authority to impose fines for those that didn’t comply with the rules. Many operators have been penalised over the past few years. Here are some online casino operators punished by UKGC and few tips on how to avoid the penalties.
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Friday, October 05, 2018
Return of Stock Market Volatility: More Short term Weakness Ahead / Stock-Markets / Stock Markets 2018
As you would recall, I said in late-September that the stock market’s volatility would probably spike in October. Volatility was extremely compressed, which set the stage for an expansion in vol.
Yesterday, the stock market went down and volatility spiked a little.
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Friday, October 05, 2018
Ripple (XRP) Makes Huge Waves: Did You See Them Coming? / Currencies / BlockChain
7 Days of Free Forecasts
11 Top FX Markets + Bitcoin, Ethereum & Litecoin
Forex FreeWeek | October 3-10, 2018
You've just seen how Elliott Wave analysis can help you anticipate even the fastest-moving turns in trend. So: if you want analysis for where EURUSD, USDJPY and Bitcoin and other cryptos are headed next...
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Friday, October 05, 2018
Chinese Credit Collapse Is Imminent / Interest-Rates / China Debt Crisis
Many good things are happening in China.Businesses are prospering. Living standards rise. The country’s interior is still quite poor but life is improving.
This progress is welcome news. The problem is how China is financing it. The answer is, “with a lot of debt.”
You often hear about China’s government and corporate debt, but less about households.
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Friday, October 05, 2018
SPX/Gold Ratio, Long-term Yields & Yield Curve / Stock-Markets / Financial Markets 2018
It has been a long while since the last Amigos update because frankly if the characters, images and shticks I invent to portray market status begin to wear on me sometimes I have to believe they may do the same to you. Consider that the 3 Amigos, SPX/Gold Ratio, Long-term Yields and the Yield Curve are slow movers that we usually view from monthly chart perspectives and well, sometimes you need to take a break and just let them do their thing over time.
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Friday, October 05, 2018
USD Lifted by Data and Fed Chair Powell’s Remarks / Currencies / US Dollar
The US dollar outperformed all its major peers yesterday following solid economic data and hawkish remarks by Fed Chair Jerome Powell. Italian assets were supported by the reports that Italy’s government is planning to scale back its deficit targets for 2020 and 2021, while in the UK, PM May’s speech did not result in any major market reaction.
Dollar and Tr. Yields Surge on Upbeat US Data and Powell’s Comments
The dollar managed to outperform all the other G10 currencies on Wednesday. It gained the most against NZD, AUD and NOK, while the currencies against which it gained the least were GBP and CAD.
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Friday, October 05, 2018
Crude Oil Price Technical Analysis / Commodities / Crude Oil
TREND CHANNELS - The oil price for the whole of the 2018 has been trading within the upper band of trend channel that extend towards a high of $80 by the end of 2018, which is the primary reason for my original forecast target.
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Friday, October 05, 2018
Stock Market’s Breadth is Weak: Stocks Will Crash! Just Kidding / Stock-Markets / Stock Markets 2018
We’ve done 2 kinds of stock market studies recently.
- The U.S. stock market’s own price action.
- The U.S. stock market’s breadth.
Market studies related to the stock market’s own price action have mostly been bullish.
Market studies related to the stock market’s breadth have been mixed. Some are bullish, while others are very bearish.
So what gives? Why are some breadth studies so bearish? (e.g. Hindenburg Omen)
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Friday, October 05, 2018
How To Choose The Right Kind Of Used Car Platform / Personal_Finance / Motoring
Choosing the right kind of used car platform is not always an easy task. As with most things, there’s a lot of different factors to consider and many different options which need to be thought about before a decision can be reached.
However, the problem that a lot of people run up against is that they don’t know what needs to be considered when it comes to choosing a used car platform. Because of this, they don’t wind up going to the right place and getting the best deals. To try and help you to understand exactly what you need to consider when it comes to used car platforms, we’re going to look into a few of the different options here and now.
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