Monday, August 13, 2018
Stock Market Dow Analysis / Stock-Markets / Stock Markets 2018
Latest Price – 25313
Previous analysis updated – price as traded as outlined in analysis produced in June.
Pattern – we can see price has rallied nicely in July and I expect some further upside ahead. This is all part of the consolidation that I believe is still in motion. There is a full moon on the 26th August so that is some potential timing for a high. If not, the new moon on the 9th September is another potential timing target. Given the human body is composed of around 60% water and the moon affects the tides, then it should not come as a surprise that the moon is related to the stock market as the chart is just a picture of human behaviour. Just ask any hospital surgeon who will confirm that a surge in patients always occurs on a full moon and that same type of euphoria that causes revellers to hurt themselves on a high can be said of stock market players.
Sunday, August 12, 2018
Which UK Best Theme Park - Alton Towers vs Thorpe Park vs Lego Land vs Chessington World / Personal_Finance / Theme Parks
We are now well into the school summer holidays so families are very busy planning where to go next, that usually includes many trips to Britain's Theme parks where the king of UK attractions is Merlin with it's 32 theme parks spread out across the UK. With many asking which is Britians' best theme park as this video compares the results of multiple visits to Merlin's largest and most popular theme parks i.e. Alton Towers, Thorpe Park, Chessington World of Adventures and of course probably the most known of the lot Lego Land Windsor.
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Sunday, August 12, 2018
USD is Rising. What this Means for Currencies and Stocks / Stock-Markets / Financial Markets 2018
The U.S. stock market has had a quiet week. However, the story is very different overseas, with emerging market currencies and stocks cratering.
Here’s MSCI’s emerging markets currency index.
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Sunday, August 12, 2018
Hardest US Housing Market Places to Live - Look Out Middle Class / Housing-Market / US Housing
In San Francisco, a household now needs an income of $188,000 to afford rent for the average two-bedroom house or apartment with 30% of the household income spent on housing.
The problem is that the median income is only $103,801.
Housing is 81% out of reach!
And this is true across the country as well.
Sunday, August 12, 2018
America’s Suburbs Are Making a Comeback / Housing-Market / US Housing
Lately, I’ve been focusing a lot on real estate.There are starting to be clear signs of extremes in pricing, and high rent burdens.
Cities are starting to crack on the high end.
It’s what I’ve forecasting – that this second bubble burst would start on the high end and work down. Unlike the last bubble, which started on the low end with the subprime defaults.
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Sunday, August 12, 2018
Stock Market US Presidential Cycle, Seasonal Analysis and Economy - Video / Stock-Markets / Stock Markets 2018
This is part 6 of my 7 part stock market in-depth analysis to conclude in a detailed trend forecast which takes a look at the the US Presidential Cycle, Seasonal analysis and economic fundamentals expected impact on the stock market.
The whole of this analysis that includes my detailed trend forecast was first made available to Patrons who support my work. To get immediate First Access to ALL of my analysis and trend forecasts then do consider becoming a Patron by supporting my work for as little as just $3 per month. https://www.patreon.com/Nadeem_Walayat.
Saturday, August 11, 2018
Yield Curve Inversion and the Stock Market - Video / Stock-Markets / Stock Markets 2018
This is part 5 of 7 of my stock market in-depth analysis to conclude in a detailed trend forecast for the whole of the remainder of 2018.
The whole of this analysis that including my detailed trend forecast was first made available to Patrons who support my work. So to get immediate First Access to ALL of my analysis and trend forecasts then do consider becoming a Patron by supporting my work for as little as just $3 per month. https://www.patreon.com/Nadeem_Walayat.
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Saturday, August 11, 2018
Land Rover Discovery Sport 1st Dealer Oil Change Service - What to Expect / ConsumerWatch / Motoring
Land Rover's sales pitch is that the Discovery Sport's first service is due at 21,000 miles or 2 years, thus saving owners on expensive annual services. That and their service packs only tend to cover for 1 service every 2 years which may be the reason for the 21,000 miles service sales pitch. Unfortunately on the one hand there's the sales pitch and then there's the reality of what to actually expect when owning and driving a Land Rover Discovery Sport as the two don't quite tend to match.
For instance, the internet is littered with comments about how warnings are popping up on owner dashboards requesting an oil service for a potential multitude of reasons such as diesel getting into the engines? which in some examples oil change services are being requested at less than 7,000 miles!
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Saturday, August 11, 2018
Greek Debt Tragedy is Far From Over / Interest-Rates / Eurozone Debt Crisis
Last week, Greece received $17 billion from its creditors, representing the final installment of the country’s third bailout since 2010.This is the last one.
Really. Stop laughing.
There’s no doubt the Southern Mediterranean country has endured a lot of pain over the last eight years.
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Saturday, August 11, 2018
How to Setup Webinars and Use Them to Overcome the Barriers in E-Learning / Companies / Education
The word webinar is coined from “web-based seminar”. It refers to an interactive lecture, presentation, workshop or seminar that is conducted over the web. By using video conferencing software, the participants are able to share videos and information documents in real-time. The sessions can be recorded for future reference; there is also the option of live streaming.
Today, webinars are used in many different ways. The most popular application is in the education sector. Lecturers are now able to host webinars and hold discussions with their students. This has hugely revolutionized online learning.
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Saturday, August 11, 2018
Stock Market Momentum Divergences Flashing Warnings Signs for QQQ & FAANG Stocks / Stock-Markets / Stock Markets 2018
Last evening, a member of ours at MPTrader posted the following question: "Mike, how do you feel about the weekly/monthly index charts and the implied weaker momentum on this rally?"
In answer to his question, I will use two QQQ charts: my nearer-term, 4-hour candle chart that shows the April-August uptrend, and my big-picture, weekly chart that shows all of the QQQ action since the major low in February 2016, from where the ongoing intermediate-term upleg commenced.
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Saturday, August 11, 2018
Big US Stocks’ Q2’18 Fundamentals / Stock-Markets / Stock Markets 2018
The mega-cap stocks that dominate the US markets are just finishing another monster earnings season. It wasn’t just profits that soared under Republicans’ big corporate tax cuts, but sales surged too. That’s no mean feat for massive mature companies, but sustained growth at this torrid pace is impossible. So peak-earnings fears continue to mount while valuations shoot even higher into dangerous bubble territory.
Four times a year publicly-traded companies release treasure troves of valuable information in the form of quarterly reports. Required by the US Securities and Exchange Commission, these 10-Qs contain the best fundamental data available to investors and speculators. They dispel all the sentimental distortions inevitably surrounding prevailing stock-price levels, revealing the underlying hard fundamental realities.
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Friday, August 10, 2018
Dow Stock Market Trend Forecast 2018 / Stock-Markets / Stock Markets 2018
This is the eighth and final part of my stock market in-depth analysis that concludes in a detailed trend forecast for the remainder of 2018.
- Part 1 - Trumponomics Stock Market 2018 - The Manchurian President
- Part 2 - The Inflationary Exponential Stocks Bull Market
- Part 3 - Dow Stock Market Elliott Wave Analysis
- Part 4 - Stock Market Trend and Volatility Analysis
- Part 5 - Yield Curve Inversion and the Stock Market
- Part 6 - Stock Market US Presidential Cycle and Seasonal Analysis
- Part 7 - US Economic Fundamentals and the Stock Market
The whole of this analysis and concluding trend forecast was first made available to Patrons who support my analysis. To get immediate First Access to ALL of my analysis and trend forecasts then do consider becoming a Patron by supporting my work for as little as just $3 per month. https://www.patreon.com/Nadeem_Walayat.
Friday, August 10, 2018
The Various Prices Of Gold Pointing Higher / Commodities / Gold and Silver 2018
Let’s take a look at gold priced in oil (WTI Crude), the Dow and US dollars:
Gold priced in oil from 1983 to now. Price has moved in a large channel before it broke out at the end of 2014. This is really significant given the importance of oil in the current monetary system (more of this another time).
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Friday, August 10, 2018
SPX Testing Its First Support Level / Stock-Markets / Stock Markets 2018
SPX futures appear to have visited Shot-term support at 2833.27 this morning, but haven’t put up a challenge, yet. The sideways consolidation is over without making a new high. Now we must establish that a new downtrend has taken hold. All the Cyclical indicators say that the rally is over.
ZeroHedge reports, “For once it's not about trade wars... but the alternative is hardly better.
European stocks tumbled most in a month, following Asian shares lower following contagion fears that Turkey’s economic problems will spill over into the euro zone and beyond. The Euro sank, while the safe haven dollar advanced alongside Treasuries, with the 10Y back under 2.90%. The Turkish Lira initially plunged and fell 45 big figures, with the USDTRY hitting a record high of 6.3005, or up more than 11%, before holding below 6.0 for the bulk of the session.”
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Friday, August 10, 2018
NASDAQ Up 8 Days in a Row. What this means for Stocks / Stock-Markets / Stock Markets 2018
The NASDAQ has gone up for 8 days in a row for the first time since October 2017. Some people see this as “exuberance has returned to the stock market, particularly in the tech sector”. It isn’t.
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Friday, August 10, 2018
Getting Dangerous To Be A Bear In Metals / Commodities / Metals & Mining
First published Sat Aug 4 for members of ElliottWaveTrader.net: As the world-wide population has grown, much concern has been building regarding how we will be able to continually feed this ever-growing population. Since there are only so many resources available, many scientists question our ability to produce enough food to be able to sustain our population.
I think we are getting to the same point regarding the bears in the metals market. What invariably occurs within markets is that the more entrenched a trend becomes, the greater the number of believers in that trend grow. So, as a bull market hits its highs, with the great majority believing the rally will go on forever, there is no one left to continue to buy to push it even higher. That is why bull markets do not end because of selling, but, rather, a lack of buying. There are no more buyers to bring to the market since everyone has been converted into a buyer and those buyers simply run out of money.
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Friday, August 10, 2018
Dreaming of a "Comfortable Retirement" on a Public Pension? / Stock-Markets / Pensions & Retirement
A 9-year bull market fails to close the pension gap
Did you realize that many U.S. pension funds are in trouble even though stocks have been rising since 2009?
Even so, many retirees expect a comfortable retirement.
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Friday, August 10, 2018
The Forrest Gump of All Future Democrat Election Losses / Politics / US Politics
Julian Assange has received an letter from the US Senate asking him to testify in front of them. What to make of that is not entirely clear. Far as I know, Assange offered such testimony multiple times, under the ‘right standards’. The Senate ostensibly wants this to take place behind closed doors, and it’s hard to see how that would fit Assange’s standards. But who knows?
What struck me was that the letter was signed by Senators Richard Burr (R-NC) and Mark Warner (D-VA). and especially the latter runs like a red thread through everything that has to do with Assange and the US. It reminded me of what John Solomon said in his June 25 piece ‘How Comey Intervened To Kill Wikileaks’ Immunity Deal’ about Assange lawyer Adam Waldman, who according to Solomon has a ‘Forrest Gump-like penchant for showing up in major cases of intrigue’.
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Friday, August 10, 2018
More Uncertainty as Stocks Got Closer to January Record High / Stock-Markets / Stock Markets 2018
Stocks were virtually flat on Wednesday, as investors took short-term profits off the table following the recent advance. Will the S&P 500 index continue its bull-run above the January record high of 2,872.87? Or is this some short-term topping pattern before a downward reversal?
The U.S. stock market indexes were mixed between -0.2% and +0.1% on Wednesday, as investors hesitated following the recent advance. The S&P 500 index remains above the level of 2,850 and it currently trades just 0.5% below the January's 26th record high of 2,872.87. The Dow Jones Industrial Average lost 0.2% and the technology Nasdaq Composite gained 0.1% yesterday.