Thursday, September 20, 2018
Gold Stocks Remain in Downtrend but Uranium Stocks on the Cusp of New Bull Market / Commodities / Uranium
By: Jordan_Roy_Byrne
Gold stocks failed to breakout in the spring and then brokedown to multi-year lows by September. As autumn beckons, the precious metals sector at large is very oversold and could be starting a rebound. However, the fundamentals are not yet in place for a new bull market. They will be when the Fed moves to the end of this rate hike cycle. Although gold stocks and most commodity stocks are mired in downtrends, that isn’t the case for uranium stocks which appear to be on the cusp of a new bull market.
According to Trade Tech, the spot price of uranium is $27.70/lb which is a two and a half year high. The price has begun to rise after basing for several years.
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Thursday, September 20, 2018
Here’s Why "Strong Jobs" Don't Mean "Higher Stocks" / Stock-Markets / Stock Markets 2018
By: EWI
The stock market leads the economy, not the other way around
It's a wonderful thing when jobs are added to the U.S. economy.
But, as far as investing goes, history shows that you should not bet your stock market portfolio on it. Conversely, even a series of weak jobs reports doesn't mean you should bet against stocks.
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Thursday, September 20, 2018
The Stealth Reason Why the Stock Market Keeps On Rising / Stock-Markets / Stock Markets 2018
By: Gordon_T_Long
KEY MESSAGE:
- The US stock market continues to rise because it is increasingly dominated by shrinking "availability & supply",
- All three stock "Pools" are shrinking in a stealth & unappreciated fashion,
- There is an increasing potential for a "Minsky Melt-Up" based on an even stronger US dollar (i.e. An Emerging Market Flight to Safety),
- Expect a coming M&A corporate focus using inflated stock as the takeover currency to answer slowing corporate growth .... further reducing listing and outstanding share pools.
- Expect market rotation from Growth to Value in the near term versus the final Topping of the equity markets.
Thursday, September 20, 2018
Sheffield School Applications Crisis Eased by New Secondary Schools Places / Local / Educating Children
By: N_Walayat
It looks like the city of Sheffield has finally turned the corner in respect of it's 8 year long self created crisis in school places with the opening of two new secondary schools Astrea in Burngreave and Mercia just south of Netheredge which will especially seek to take the pressure off of schools in the South West of the city Silverdale and High Storrs which have literally been swamped by over subscription, even after doubling the intake.
Wednesday, September 19, 2018
Precious Metals Sector: It’s 2013 All Over Again / Commodities / Gold and Silver 2018
By: P_Radomski_CFA
We have some good news and some bad news for both: precious metals bulls and bears. Based on new developments it’s even more likely that we are just before the huge price decline in gold, silver, and mining stocks, but at the same time it also appears likely that the final bottom will take place later than we had expected, based on the previously available information.
Let’s start with additional bearish confirmations (charts courtesy of http://stockcharts.com). In our Monday’s analysis, we compared the price performance of gold that we saw in the recent months to what happened in 2013, right before the big $200+ plunge that took place in only 2 trading days. In today’s analysis, we will extend this analogy also to other markets. But first, let’s recall the Monday’s analysis.
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Wednesday, September 19, 2018
US Dollar Head & Shoulders Triggered. What's Next? / Stock-Markets / Financial Markets 2018
By: Anthony_Cherniawski
SPX made its final high yesterday afternoon. The top-to-top time was 12.9 days, fitting my thesis that the impulsive decline and retracement fits in Cyclical time. This morning’s futures are lower, indicating that a new impulse may be underway, although it may remain shallow for the better part of the day. There is a potential Head & Shoulders formation that, when triggered, may send the SPX beneath its smaller Broadening Wedge.
Wednesday, September 19, 2018
Silver Looks Poised To Move Soon / Commodities / Gold and Silver 2018
By: Hubert_Moolman
A key difference between silver and gold prices is the fact that silver already bottomed in 1993, whereas gold bottomed only in 1999.
This means that from 1993 to 1999 silver was actually in an uptrend, while gold was still caught in a downtrend. This little known fact might not have been so important to date; however, it might become more important as this bull market progresses.
I have put together a silver chart that touches on this issue, since it would not be possible to do this for gold, because gold has technically had only one phase, whereas silver has had two:
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Wednesday, September 19, 2018
Inflation Eating into 99% of Standard UK Savings Accounts / Personal_Finance / Savings Accounts
By: MoneyFacts
Savers are still being left at the mercy of inflation eroding their hard-earned cash, despite a boom in the number of rate rises in the market. Today, less than 1% of the standard savings market can beat a return of 2.70%, meaning that 99% of the standard savings account market* is being eroded by inflation.
Savings rate increases have outweighed cuts for 19 consecutive months, with Moneyfacts.co.uk recording 219 rate rises in August compared with just 28 cuts. Furthermore, statistics released today show the Consumer Prices Index (CPI) rose to 2.7% during August, meaning there are only 4 fixed rate bonds (based on a £10,000 deposit) that can match or beat inflation*. Within that, there are just 2 fixed bonds that beat 2.70%, which represents less than a 1% share of the standard savings market.
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Wednesday, September 19, 2018
Prepare for the Stock Market’s Volatility to Increase / Stock-Markets / Stock Markets 2018
By: Troy_Bombardia
As you probably know, volatility has been notably absent from the U.S. stock market over the past 3-4 months. The S&P 500 has been rising in a slow and steady pace while VIX has been falling.
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Wednesday, September 19, 2018
Proven Gauges of the Stocks Bull Market / Stock-Markets / Stock Markets 2018
By: Donald_W_Dony
As the current bull market roars into its 9th year, analysts, market pundits and investors, all wonder at one point, how much longer is this run going to go?
Gauges for the duration of the bull market vary considerably.
Analysts who value fundamentals generally review the levels of Price-to-Earnings (P/E), Price-to-Book (P/B), Debt-to-Equity, free cash flow and the PEG ratio to determine the "true value" of a company.
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Wednesday, September 19, 2018
The Beginning of the End of the Dollar / Currencies / US Dollar
By: Richard_Mills
Donald Trump will go down in history for many things, including a justice department investigation into US-Russian collusion in the 2016 election, a guilty verdict for his former campaign chair, Paul Manafort, and a guilty plea by his personal lawyer, Michael Cohen, in relation to hush-money payments to women in violation of campaign finance laws. Then there was the Access Hollywood tape, the ban on Muslims, the implicit condoning of neo-Nazis, the plans to build a border wall to keep out illegal Mexicans, the separation of immigrant children from their parents (though some say that law was drafted under Obama), and Trump’s ban on global abortion funding to please the pro-life portion of his base. Could Trump’s legacy though be something few had ever predicted: The beginning of the end of the dollar?
On the economic front though, it appears that Trump is doing all the right things. The Dow was at its highest-ever level of 26,616.71 in January, just over a year after Trump took office. The US dollar is strong, unemployment is at its lowest level in 20 years, the stock market is booming, and the Fed thinks things are going so well that they are ready to pass more interest rate hikes. Why has the US dollar done well? Mostly because of high demand for US Treasuries.
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Wednesday, September 19, 2018
Land Rover Discovery Sport 'Approved Used' Bad Paint Job - Inchcape Chester / ConsumerWatch / Motoring
By: N_Walayat
Following my Land Rover Discovery Sports 1st service at 15,000 miles at a Land Rover dealer (Guy Salmon, Sheffield) I now have another item to add to my Inchcape list of issues, including fixes promised that would be rectified at time of purchase that never were, such as a ripped door fabric. However, this may be the most serious to date, as apparently at least one of the panels has a bad paint job that is now disintegrating.
So watch the video which acts as a warning to all those who are thinking of buying an APPROVED USED Land Rover, because "Approved Used" is just a sales pitch Land Rover dealers successfully use so that customers let their guards down. For instance the 'bad paint job' should be fixed under warranty but of course the dealer says its no, which means APPROVED USED is just a hit or miss sales pitch, either that or Land Rovers factory paint sucks.
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Tuesday, September 18, 2018
Trump’s Backdoor Power Play to Rein In the Fed / Politics / US Federal Reserve Bank
By: MoneyMetals
“Just run the presses – print money.”
That’s what President Donald Trump supposedly instructed his former chief economic adviser Gary Cohn to do in response to the budget deficit. The quote appears in Bob Woodward’s controversial book Fear: Trump in the White House.
Trump disputes many of the anecdotes Woodward assembled. But regardless of whether the President used those exact words, they do reflect an “easy money” philosophy that he has expressed many times before.
Tuesday, September 18, 2018
Are Technology and FANG Stocks Bottoming? / Companies / Tech Stocks
By: Chris_Vermeulen
Recent downside pricing pressure on Technology and FANG stocks have kept investors wary of jumping back into the market while we wait to see where the bottom may form. Concerns about long-term pricing pressures, US trade wars and the continued Congressional testimony regarding privacy and censorship issues have kept social media technology stocks in a negative perspective. The only aspect of this pricing pullback that is positive is that these stocks will, at some point, find a price bottom and attempt to rally as investors rush back into their favorites attempting to ride the run higher.
Our researchers believe the current price levels could be a prime example of a short-term bottom setting up in certain technology stocks. Both Apple and Amazon are two of the biggest and most actively traded stocks on the US Stock exchange. They differ from many of the other FANG stocks because these companies actually produce and sell consumer products & services that are, in many ways, essential to conducting commerce and trade.
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Tuesday, September 18, 2018
Predictive Trading Model Suggests Falling Stock Prices During US Elections / Stock-Markets / Stock Markets 2018
By: Chris_Vermeulen
Just in time for what appears to be a potentially massive market price rotation, our researchers have put together this post to highlight what we believe will become a surprise price correction in the US Equities markets. Our team of researchers believes the correlation of our predictive modeling tools, predictive cycle tools, and other indicators are set up for what may become a massive 5~8% price rotation over the next 60 days.
We were expecting this rotation to start unfolding around mid-September (now) but at this time the technical are still bullish so we are not betting against the market just yet.
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Tuesday, September 18, 2018
Lehman Brothers Financial Collapse - Ten Years Later / Stock-Markets / Financial Crash
By: Andy_Sutton
This will not be a long piece. It is not a memorial to Lehman Brothers nor is it an honorarium to the system that created Lehman, then crushed it along with a wide swath of American wealth and capital as well. This is not a tribute to government leaders such as Henry Paulson and others at the USTreasury who abused the trust afforded them by the American people and conducted one of the most brazen and heinous broad-daylight robberies in the history of the human race. We want you to remember what happened because, in the ten years since Lehman, not a thing has been done to prevent another episode and all the ingredients are present. The only thing missing is the trigger.
Tuesday, September 18, 2018
Keep Your Money Separate from Your Spouse says Wall Street Veteran / Personal_Finance / Money Saving
By: Jared_Dillian
I met my wife at gifted and talented camp in the summer of 1989, when I randomly put my head in her lap and asked for a kiss.Boy, did I get lucky.
I got lucky because we are both frugal and didn’t even know it. We didn’t fill out a questionnaire on money habits before we kissed each other.
Some people have the misfortune to be frugal and fall in love with a high roller.
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Tuesday, September 18, 2018
Financial Crisis Markets Reality Check Now in Progress / Stock-Markets / Financial Crisis 2018
By: Michael_Pento
The long-awaited dose of reality from the massive and unprecedented financialization of the global economy has finally begun.
Of course, those of us who understood from the start how healthy economies and markets naturally function, knew that a viable recovery from the fiscal and monetary excesses--which caused the great recession and financial crisis of 2008--was never underway. This is because central banks manipulated interest rates to zero percent and below and kept them at that level for a decade. Then, those same low rates engendered a humongous amount of new debt to be incurred, leading to the rebuilding of the current stock and real estate bubbles. And, it also created a tremendous and unprecedented bubble in the global fixed income market. This entire artificial construct, which was built upon bigger asset bubbles and greater debt loads, is now being tenuously held together by that very same government-engineered bond bubble.
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Tuesday, September 18, 2018
Gold’s Ultimate Confirmation / Commodities / Gold and Silver 2018
By: P_Radomski_CFA
Although it didn’t appear to be a breakdown, silver just closed the day (and week) at a new yearly low. Remember the day when silver moved briefly below $14? Ultimately, silver futures closed at $14.15 on that day, and they just closed at $14.14 on Friday. So little, yet so much. Breakdown confirmed by weekly closes is something very significant and yet, it’s not the most important thing that we will comment on in today’s analysis. The key details will come from the gold market. Let’s move right to it (charts courtesy of http://stockcharts.com).
Tuesday, September 18, 2018
Omanization: a 20-year Process to Fight Volatile Oil Prices / Commodities / Crude Oil
By: Ben_Jardine
The stark realisation that the oil industry, with its volatile fluctuations, is an unreliable source of income for the Sultanate of Oman, has encouraged its leaders in 1988 to introduce what is commonly referred to as the ‘Omanization’ of its economy. In short, this means that through its National Program for Enhancing Economic Diversification (Tanfeeth), the Omani government has decided to develop the following sectors: manufacturing, transport, logistics, and tourism. This they hope, will transform its economy from one that is less reliant on its oil reserves and expat workers, to one that is self-sufficient at its core.
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