Tuesday, July 17, 2018
Trump Treason? Get A Life! / Politics / US Politics
Yeah, just keep ’em coming, right, so that when the last one falls flat on its face people will have already forgotten about it and instead focus on the new one. It’s been the modus operandi of the US MSM ever since Donald Trump emerged as an actual presidential candidate, and they haven’t let go.
They realize by now that it divides the nation, it costs them a large chunk of their potential readers and viewers, and creates chaos all around, but the bottom line is it makes them money. Because those people who fall into the echo chamber trap, tumble into it fast and furious, and will gladly pay to read yet another installment of how bad the man really is.
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Tuesday, July 17, 2018
Savings Interest Rates Surge as Fixed Bonds Hit a Two-year High / Personal_Finance / Savings Accounts
Savers looking to lock their cash away either over the shorter or longer term will find that average fixed bond rates have improved dramatically since the start of the year, and in fact are now the best since 2016, according to the latest research by Moneyfacts.co.uk.
Some providers have even branched into alternative areas of the fixed bond market in recent weeks, increasing the choice of deals for savers looking for a shorter-term alternative.
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Tuesday, July 17, 2018
Gold And The Elusive Chase For Profits / Commodities / Gold and Silver 2018
Between the years 1971 and 2011, the price of gold went from $42.00 per ounce to $1900.00 per ounce – a forty-five fold increase. This is depicted on the chart below…
Looking at the chart, it would appear that gold is in a long-term bull market and that continually higher prices over time can be expected. Proponents of this approach to gold cite fundamentals such as a weakening U.S. dollar, social unrest, wars (combat and trade), political instability, etc.
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Tuesday, July 17, 2018
Crude Oil May Not Find Support Above $60 This Time / Commodities / Crude Oil
Crude Oil has been a major play for some traders over the past few months. With price, rotation ranges near $5~$7 and upside pressure driving a price assent from below $45 to nearly $75 peaks. This upside price move has been tremendous.
Over the past few weeks, many things have changed in the fundamentals of the Oil market. Supply continues to outpace demand, trade tariffs and slowing global economies are now starting to become real concerns, foreign suppliers have continued to increase production, US Dollar continues to strengthen and social/political unrest is starting to become more evident in many foreign nations.
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Tuesday, July 17, 2018
Easy Money Over, Show Time Begins As Real Macro Battle Ahead / Stock-Markets / Stock Markets 2018
The market went according to expectations and projections in the second week of July after the first week's huge bull reversal week. The bulls were able to retain their bull train momentum from the prior week and managed to do a decent job on the standard continuation upside pattern demonstrated by the consecutive higher lows and higher highs on the micro charts.
For the most part it was just a typical perfect week following our 4-hour white line projection chart. Initially rejected at the major 2800 level on the S&P 500, the bulls held the expected pullback with a low of 2765.75 on Tuesday night and eventually managed to wrap up the week around the highs at 2800 for the weekly candle.
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Tuesday, July 17, 2018
Bitcoin Holders Are Today Learning Something Goldbugs Already Know / Currencies / Bitcoin
Precious metals investors have learned a difficult truth in recent years. The best way to control a market is to put Wall Street in charge of it.
Gold and silver futures were created in the 1970s with the admitted purpose of “increasing volatility” in the markets and discouraging the ownership of physical bullion. It is a lesson that participants in other markets would do well to learn – specifically the Bitcoin and cryptocurrency markets.
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Tuesday, July 17, 2018
Bitcoin Price Analysis – Bullish Golden Cross on the Hourly? / Currencies / Bitcoin
John Lee Quigley writes: $6400 was acting as a significant resistance level for Bitcoin’s price, however, over the last hour, the price has managed to break to the upside and is currently trading above the $6500 level. The move up over the last hour was on significant volume showing there is some weight behind the move which contrasts heavily with last weeks price action when many were speculating a return to sub-$6000 levels.
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Monday, July 16, 2018
How Crazy It Is to Short Gold with RSI Close to 30 / Commodities / Gold and Silver 2018
Aiming to make money on gold price’s decline is always controversial. The long-term fundamentals remain favorable and gold and silver are likely to exceed their previous highs in the coming years. True, but that doesn’t mean that both metals can’t move even lower in the next several weeks or even months. Different factors govern more short-term-oriented trades as markets are emotional, not logical in the near term.
One of the popular techniques that is used to detect good entry and exit prices for gold is the RSI indicator and the most popular way to use it is to buy when RSI moves to 30 and sell when RSI reaches 70.
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Monday, July 16, 2018
Markets Pay Attention Moment - China’s Bubble Economy Ripe for Bursting / Stock-Markets / Financial Markets 2018
The economies of the world are at an inflection point. Enough data points have now presented themselves to be able to see the outlines of a major shift in the markets of the world. We are at a pay attention moment. There comes a time when a successful investor must make some hard decisions to position himself to be able to take advantage of opportunities down the road. The markets are telling us now is such a moment.
It’s time to sit up and pay attention to what Mr. Market is trying to tell us.
It appears we are at the top of the cycle, anecdotal evidence is now pouring in. But that is just a cyclical story. The bigger story is that major market forces that have been brewing in the system for 25-40 years are now coming to a head. They are now dovetailing with the cyclical turn and together they may cause a massive shift in the world’s economic structure which has been erected over these 25-40 years. Few can even imagine these changes let alone prepare themselves for them.
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Monday, July 16, 2018
Stock Market Uptrend Continues, But... / Stock-Markets / Stock Markets 2018
Friday's trading session was pretty much uneventful, as investors awaited the coming quarterly earnings releases season. The S&P 500 index continued to trade along the level of 2,800 and it's closer to breaking higher towards the late January record high. There are still two possible medium-term scenarios, but bulls are happier than a week ago.
The U.S. stock market indexes were mixed between 0.0% and +0.4% on Friday, as investors took some short-term profits off the table following the recent advance. The S&P 500 index traded along the level of 2,800. It reached the highest since the early February. It currently trades 2.5% below the January's 26th record high of 2,872.87. The Dow Jones Industrial Average gained 0.4% and the technology Nasdaq Composite was unchanged on Friday.
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Monday, July 16, 2018
Emerging Markets Could Be Starting A Relief Rally / Stock-Markets / Emerging Markets
Over the past 4+ months, many emerging markets have come under pressure as the global markets were roiled by the sudden and relatively deep market retracement in early February. For many, this downward price trend has been frightening and somewhat disastrous. Recently, though, something new appears to be on the horizon that may be the early signs of renewed life for many Latin American, South American and Indian markets – early signs of support and a potential bottom formation in the works.
Our researchers have been following the recent moves in these emerging market ETF for Brazil, Latin America, and India with great interest because we believe in finding opportunities when many others may not be looking for them. We believe these early warning stages of a market bottom could be an excellent time to “forward think” any possible price recovery that may occur in the near future and to prepare for any success opportunities that may arise. Heck, we are traders and if the opportunity exists for a decent profit with little risk, we’ll investigate it.
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Monday, July 16, 2018
Gold Bears Are Roaring Louder / Commodities / Gold and Silver 2018
For those that follow me regularly, you will know that I have been tracking a set-up for the SPDR Gold Trust ETF (NYSEARCA:GLD), which I analyze as a proxy for the gold market. I also believe that gold can outperform the general equity market once we confirm a long-term break out has begun.
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Monday, July 16, 2018
(Only) a Near-term Stock Market Top? / Stock-Markets / Stock Markets 2018
Current Position of the Market
SPX: Long-term trend – The bull market is continuing with a top expected in the low 3000s.
Intermediate trend – In spite of recent market action, the intermediate trend from 2873 may have to extendits corrective phase.
Analysis of the short-term trend is done on a daily basis with the help of hourly charts. It is an important adjunct to the analysis of daily and weekly charts which discusses the course of longer market trends.
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Monday, July 16, 2018
Trump Fee-Fi-Foe-Fum Declares European Union America's Enemy! / Politics / New World Order
Trump ended his whirlwind or rather hurricane tour of Europe and the UK that included a NATO summit where he lambasted the likes of Germany for free riding on the backs of American defence spending for decades, and a four day tour of the UK where he met British Prime Minister Theresa May where during a joint press conference Trump declared that Boris Johnson would make a great Prime Minister. And that Theresa May had ignored his advice on how to deal with the European Union in respect of Brexit which Theresa May later jokingly revealed on the Andrew Marr show was to forget about negotiating with the EU but instead to SUE the EU.
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Sunday, July 15, 2018
US Stocks Set For Further Advances As Q2 Earnings Start / Stock-Markets / Stock Markets 2018
The upside price moves recently in the US Equities markets have been dramatic. While many people believe the US Equity markets are overvalued and setting up for a top, we believe just the opposite – that the US Equity market and strong US Dollar are attracting capital and investment from numerous internal and external sources. We also believe the Q2 2018 earnings season, which is just about to begin, could be an additional driving force for further price advances – with big upside moves ahead.
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Sunday, July 15, 2018
The True Meaning of Russian ‘Collusion’ / Politics / US Politics
The indictment by Special Counsel Robert Mueller, whose task it is to investigate possible collusion between the Trump campaign and ‘Russians’, that was released yesterday by Deputy AG Rod Rosenstein, raises so many questions one has to be picky.
Many people have already stated that the report contains no proof of anything it claims, and that Mueller doesn’t have to prove a thing, because the 12 Russians he accuses will never show up in a US court. Many of course also have at least questioned the timing of the release, 3 days before the Putin-Trump summit in Helsinki, of information Mueller and Rosenstein have allegedly been sitting on for months.
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Sunday, July 15, 2018
The US Dollar Crash of 2018 Has Begun / Currencies / US Dollar
Previous analysis updated – in previous analysis produced on the 21st June 2018, I called the high of the rally at 95.22. This was wrong. It traded marginally higher, 3 pips in fact, putting in a high of 95.25 on the 28th June. It now appears as if it is all systems go for the mini crash of 2018. This should, in my opinion, be confirmed next week with follow through to the downside.Read full article... Read full article...
Sunday, July 15, 2018
Stock Market vs. Gold, Long-term Treasury Yields, 10yr-2yr Yield Curve 3 Amigo's Update / Stock-Markets / Financial Markets 2018
You have better things to do than read droning macro analysis or long, drawn out investment theses. It is a weekend in the dead of summer and for that reason we go easy this week; real easy.
The 3 Amigos are here to simply say that things are as they have been, with Amigo #2 (long-term yields) getting home and pulling back on cue, and the other two (SPX/Gold ratio & Yield Curve) still in process and indicating risk ‘on’ and ‘boom on’, respectively.
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Sunday, July 15, 2018
Buying Used Car From UK Dealer - Alloy Wheels Trick Revealed After 1st Wash! / ConsumerWatch / Motoring
Here's what I discovered after I first washed my 16 month old Land Rover Discovery Sport that I bought from a Land Rover Dealer. One of the little tricks the dealers / sellers tend to pull on buyers. A valuable lesson learned that I am sharing with all so you also don't fall for similar tricks.
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Saturday, July 14, 2018
China vs the US - The Road to War / Politics / China US Conflict
In 2016 Steve Bannon, President Donald Trump’s former chief strategist, declared that there was no doubt, in his mind, that the US would go to war with China in the South China Sea in the next five to 10 years.
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