Monday, September 03, 2018
Toward ‘America First’ NAFTA / Politics / Protectionism
By: Dan_Steinbock
Despite the Trump administration’s frantic last-minute efforts to hammer the NAFTA agreement, the attempt failed within the US timeline, so the talks continue. Why is the revised deal so important to the White House? Last Friday, the trade talks between the United States and Canada broke off without an agreement.
The negotiations on the revised North American Free Trade Agreement (NAFTA) are not over, however. The talks continue and US Trade Representative Robert Lighthizer will meet again Canada’s foreign minister Chrystia Freeland.
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Monday, September 03, 2018
Super Bullish Gold and Silver Set-Up Does Not Bode Well for the US Dollar / Commodities / Gold and Silver 2018
By: The_Gold_Report
Technical analyst Clive Maund charts gold and silver and finds some positive signs. If you want to understand the great mass of investors, you don't need to spend hours reading a book written about a hundred years ago, the best way way to do it is to treat yourself to some time watching sheep. You can even make something of a vacation of it by going along to a sheep dog trial, such as the classic ones held on the English–Welsh borders in the heart of sheep country or in New Zealand. It's a fun day out and you can learn from chatting with the farmers, and more to the point, you can learn a lot about investors by watching the sheepdogs and the sheep—all you have to remember is that the sheepdogs are the Smart Money and the sheep represent the great mass of investors, the so-called Dumb Money. If you do go to the sheepdog trials on the English–Welsh borders, remember to tag on a day or two to visit nearby Hay-on-Wye, which is stuffed full of secondhand bookshops where you can find some great old books, and mercifully very few of them are written in Welsh.
Monday, September 03, 2018
Dow Secondary Stock Market High Imminent / Stock-Markets / Stock Markets 2018
By: Austin_Galt
Previous analysis updated – price as traded as outlined, rising to levels where a secondary is likely to form. However, there is a change to the longer term outlook in that I now favour a more substantial correction to take place before the overall bull market resumes.
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Monday, September 03, 2018
The S&P has become overbought for the first time in 7 months. What’s next / Stock-Markets / Stock Markets 2018
By: Troy_Bombardia
The U.S. stock market (S&P 500) has become overbought for the first time in a long time. It’s 14 daily RSI has reached 70 for the first time since late-January 2018 while it remains above its 200 daily moving average.
In other words, momentum has returned to the stock market.
When momentum returns to the stock market, its forward returns over the next year are very bullish. Don’t turn bearish just because the stock market is overbought.
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Monday, September 03, 2018
Silver Mining Stocks SIL ETF Q2’18 Fundamentals / Commodities / Gold and Silver Stocks 2018
By: Zeal_LLC
The major silver miners’ stocks have been thrashed, pummeled to brutal multi-year lows. They suffered serious collateral damage as silver plunged on gold’s breakdown, driven by crazy-extreme all-time-record silver-futures short selling. All this technical carnage left investors reeling, devastating sentiment. The silver miners’ recently-reported Q2’18 results reveal whether their anomalous plunge was justified fundamentally.
Four times a year publicly-traded companies release treasure troves of valuable information in the form of quarterly reports. Companies trading in the States are required to file 10-Qs with the US Securities and Exchange Commission by 45 calendar days after quarter-ends. Canadian companies have similar requirements. In other countries with half-year reporting, many companies still partially report quarterly.
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Monday, September 03, 2018
The Four Different Types of Debt Consolidation Loans / Personal_Finance / Debt & Loans
By: Dylan_Moran
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Sunday, September 02, 2018
Gold is the Sun, and an Anchor / Commodities / Gold and Silver 2018
By: Gary_Tanashian
The ‘Gold as Inflation Hedge’ Canard
On the one hand you have the sons of Harvey & Erb, who called gold to $800/oz. and caused a stir in the gold “community”. Per Campbell Harvey in this video with Kitco’s Daniella (dig the flowing golden locks of hair)…
“Gold is just too volatile” to be an effective inflation hedge.
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Sunday, September 02, 2018
The Marijuana Investing Game is Just Starting / Companies / Cannabis
By: Rodney_Johnson
I recently traveled to Toronto, Canada. My wife and I took a bicycle tour and traveled to the waterfront, the old Distillery District, over to the CN Tower, up to Chinatown, and then through Kensington.You notice things as you ride around. The people are nice, almost to a fault. The streets aren’t as clean as I expected. The population is very diverse, and they speak many languages.
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Sunday, September 02, 2018
Financial Markets Are Nearing the Line in the Sand / Stock-Markets / Financial Crisis 2018
By: Harry_Dent
Most of the classic technical indicators favor a continued rally in stocks into 2019.
And that’s still my preferred scenario for a final peak. One that happens in late 2019, coming off of this Trump rally that started in late 2016.
It could be near its peak growth rate after the 4.1% GDP report.
But it’s not likely to be sustainable for long given that we are running out of workers to rehire, and the real estate bubble seems to be finally be running out of steam due to such high prices making homes and rentals unaffordable.
Sunday, September 02, 2018
How Much does the UK Really Owe in Debt? / Interest-Rates / UK Debt
By: Dylan_Moran
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Sunday, September 02, 2018
Sheffield City Centre Then and Now - Town 1960 vs 2018 / Local / Sheffield
By: N_Walayat
Here's Sheffield city centre, or Town as we like to call it, 1960 vs today (2018). How things have changed and continue to change with much work to be down for instance on the hole that once was Castle Market.
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Saturday, September 01, 2018
A Close Look at the Bitcoin Bubble / Currencies / Bitcoin
By: Harry_Dent
Afew weeks ago on CNBC, an analyst compared the bitcoin bubble to the early internet bubble.What?!
We’ve been saying that since late December 2017, when bitcoin was just starting to crash.
And oh, did it crash.
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Saturday, September 01, 2018
US Interest Rates - A Pound of Cure / Interest-Rates / US Interest Rates
By: Peter_Schiff
This week, as investors and economists fixate on record highs set by major stock market indices, they have ignored much more significant developments that emerged from the Federal Reserve's annual meeting in Jackson Hole, Wyoming. Fed Chairman Jerome Powell delivered a speech that somehow was almost universally interpreted as a reiteration of his commitment to continue to raise rates throughout the next few years. "Steady as she goes" was the takeaway from just about any news outlet. But the Chairman's actual message was essentially the opposite of what the media reported. From my perspective, it provided evidence that President Trump has succeeded in getting Powell's mind right on the need for the Fed to continue to stimulate the economy, no matter how much evidence emerges that it is already over-stimulated.
Saturday, September 01, 2018
The Age of Change Is Coming / Companies / Technology
By: John_Mauldin
I’m often called the “muddle-through guy.” When I consider opposing scenarios or opinions, I figure reality will be somewhere in between. That’s right more often than you might suspect.
So, let’s consider two seemingly conflicting ideas.
- Major economic pain is coming.
- We have a bright, prosperous economic future.
Can both of those be right? I think so.
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Saturday, September 01, 2018
Upside Targets for Gold, Gold Stocks & Silver / Commodities / Gold and Silver 2018
By: Jordan_Roy_Byrne
After a vicious selloff precious metals have stabilized. Its not a surprise given the breadth and sentiment extremes we noted and had predicted earlier. Although recent gains have met some resistance, the immediate path of least resistance should be higher. Let’s take a look at the key support and resistance levels for the metals and the miners.
Gold has retreated after hitting $1220/oz a few days ago. That was the first area of resistance for this rebound. The next resistance level would be around $1235. If Gold can surpass $1235 then look for a move up to $1260. There is very strong resistance above $1260 while $1180 should be strong support.
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Saturday, September 01, 2018
S&P Makes 4 Consecutive All-time Highs in August. Like 1987? / Stock-Markets / Stock Markets 2018
By: Troy_Bombardia
New-all time highs in August for the U.S. stock market are rare because the stock market’s seasonality in August isn’t particularly bullish. But you know what’s even rarer? 4 consecutive all-time highs in August.
As of yesterday, the S&P made 4 consecutive all-time highs (CLOSE $) in August.
The last time this happened was in August 1987, just before the S&P made a “big correction”.
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Saturday, September 01, 2018
Silver DSLV 3X Short ETF Chartology / Commodities / Gold and Silver Stocks 2018
By: Rambus_Chartology
Today DSLV 3 X short silver etf, is breaking out from a possible bearish falling wedge. I’m going to take an initial position and buy 150 shares at the market at 34.74 with the sell/stop on a daily close below the 50 day ema which is currently at 30.06. ZSL is a 2 X leveraged etf if you don’t want all the leverage. DSLV can be pretty volatile so take small bites. A backtest to the top rail would come into play around the 34.15 area for a slightly lower risk entry point.
Friday, August 31, 2018
Market Participants Betting on Nafta Deal between US and Canada / Currencies / Canadian $
By: ElliottWave-Forecast
The Canadian Dollar strengthened to a two month high against US Dollar earlier this week. Market participants seem to bet on possible inclusion of Canada in a new Nafta pact. The U.S. has just concluded a successful bilateral talk with Mexico on Monday. Under the new agreement, cars need to have 75% of their content originate in the U.S and Mexico. The current Nafta requires 62.5% originate within North America. Under the new deal, 40-45% of auto content need to be made by workers who make more than $16 per hour, favoring the U.S. and Canada.
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Friday, August 31, 2018
If You Consider Your Home an Investment, Read This / Housing-Market / US Housing
By: Jared_Dillian
Is your home an investment?
Some say yes.
Some say no.
I say:
- It is an investment
- Not a great investment
- But for a lot of people, the best investment
Let’s unpack.
Friday, August 31, 2018
Dow How Much Higher? / Stock-Markets / Stock Markets 2018
By: readtheticker
Lucifer was loved in heaven the day before he fell.
Reference: SP500 Cycle Review
The angels today are: Amazon (AMZN), Apple (AAPL), NetFlix (NFLX) and Google (GOOGL). These stocks are loved by the masses, so much so there is a sellers strike. There is no supply of stock float, as no one is selling hence prices rises month after month.
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