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.
Friday, August 10, 2018
Mixed Results at Major Gold Companies / Commodities / Gold and Silver Stocks 2018
Fund manager Adrian Day takes a look at several major gold companies in his portfolio.
Wheaton Precious Metals Corp. (WPM:TSX; WPM:NYSE, US$21.18) continues to diversify away from silver with two new streams, a gold and palladium stream on the Stillwater Mine (a long-life mine in the U.S.) and a cobalt stream on Voisey's Bay nickel mine. Both streams are front-loaded; Wheaton will receive 4.5% of the palladium reducing on hurdles to 2.25% and 42% of the cobalt (expected to commence in 2021 after a mine expansion) down to 21% over time. The first has a 6.1% IRR, and second 11% (before tax), reasonably high in the current streaming environment.
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Thursday, August 09, 2018
Gold and Silver Kill Zone / Commodities / Gold and Silver 2018
There is nothing bullish happening on the gold and silver charts. Nothing bullish on the miner Index/ETF charts. Nothing bullish on the HUI/Gold ratio. In other words, when it comes to a segment as volatile and sentiment-dependent as the precious metals, we are in the kill zone.
That can be read a couple of different ways. First, the inflationist gold bugs are getting exterminated as the US dollar first rose and since has stubbornly refused to take a pullback.
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Thursday, August 09, 2018
Even More Cracks in the Gold Dam / Commodities / Gold and Silver 2018
We’re getting there. Inch by inch, we’re moving closer to the tipping point of the decline when the slow, regular, and somewhat boring move lower turns into a violent drop. Yesterday’s session was still in line with the less exciting manner of declining, but we saw another crack in the dam that’s still somewhat holding the prices at the current levels. It doesn’t seem that it’s going to last for long. Are you prepared?
Before moving to the details of yesterday’s session, we would like to stress that the key bearish factors that we outlined in our Monday’s analysis remain up-to-date, so if you haven’t had the chance to read it yet, we strongly encourage you to do so today. Gold is likely to drop far in the next 2.5 weeks.
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Thursday, August 09, 2018
NZD/USD Holding Important Supports / Currencies / Forex Trading
The weekly chart of NZD/USD suggests that the pair is trading in a bearish zone, but it is currently trading near important support levels.
Key Points
- NZD/USD is currently testing a key connecting support trend line at 0.6700 on the weekly chart.
- The pair could correct higher, but upsides are likely to be capped by 0.6850.
Thursday, August 09, 2018
Ignore the Stock Market “midterm election year”, Which is “supposed” to be Weak / Stock-Markets / Stock Markets 2018
October 2017 – September 2018 (i.e. this year) is the 2nd year of the “presidential cycle”, also known as the midterm election year.
According to conventional seasonality, the midterm election year is “supposed” to be weak (bearish).
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Thursday, August 09, 2018
Stock Market Trend and Volatility Analysis - Video / Stock-Markets / Stock Markets 2018
This is part 4 of my stock market in-depth analysis that seeks to conclude in a detailed trend forecast for the whole of the remainder of 2018. The whole of this analysis that includes my detailed 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.
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Thursday, August 09, 2018
Tips on Maximizing Small Serviced Offices Space / Personal_Finance / SME
When I was beginning my insurance business, I was bummed. I did not have enough capital to rent those huge office buildings for my job. This led to me having to work with what I got and maximize. Having serviced offices is almost as satisfying as working in you owning your own business. Although my office space was small, I had a lot of work prey soon and needed add more employees to my working are so found that I needed to maximize the space to accommodate the new office workers and the increase in jobs.
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Thursday, August 09, 2018
VIX’s Collapse is Bullish for VIX and the Stock Market / Stock-Markets / Stock Markets 2018
VIX (volatility index) has fallen back to where it last was in January 2018, before the stock market’s recent “small correction” began. VIX is now below 11 for the first time in more than 6 months. This means that the stock market’s volatility has subsided.
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