Friday, June 22, 2018
Contrarians See Gold and Silver Opportunity in Negative Sentiment / Commodities / Gold and Silver 2018
By: MoneyMetals
Gold and silver markets entered this summer with sentiment toward the metals in something of a deep freeze.
For several months, precious metals prices have gone essentially nowhere. No sustained rallies to attract momentum traders; no washout plunges to attract bargain hunters. The long, protracted stalemate between bulls and bears has frustrated metals investors and, frankly, bored the public.
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Thursday, June 21, 2018
Financial Markets Analysis and Trend Forecasts 2018 - A Message from Nadeem Walayat / Stock-Markets / Financial Markets 2018
By: Nadeem_Walayat
Greetings fellow traders and investors.
I am sure you will be aware that the volume of my analysis and forecast postings has greatly diminished over the past year or so, but before I explain why, I'll give you the good news which is my forthcoming schedule of analysis that includes a detailed look at the current state of the UK and US housing bull markets, as well as for in-depth updates for markets I have already been covering this year i.e. gold, silver, crude oil and bitcoin. And then a really in-depth look at the prospects for the stock market which will include specific stock's to profit from in my machine intelligence investing series, more in my following video:
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Thursday, June 21, 2018
SPX Bouncing Above Support / Stock-Markets / Stock Markets 2018
By: Anthony_Cherniawski
SPB futures have been bouncing along the two trendlines near 2760.00 this morning. Should the break down, we may see a decline to the 50-day Moving Average at 2710.37. However, the Cycles Model is unclear about near-term direction. We should be open to the possibility of another probe of the Cycle Top. Depending on the strength of the potential move, we may see a challenge of the March 13 high.
ZeroHedge reports, “It started off well enough, with S&P futures in the green and the Nasdaq set for another all time high after trade war concerns eased further after Commerce Secretary Wilbur Ross told the Senate neither the U.S. nor China want a trade war, while President Donald Trump said he expects to announce new trade deals with unspecified countries soon.
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Thursday, June 21, 2018
Things You Need To Know If You Want To Invest In Bitcoin Now / Currencies / Bitcoin
By: Boris_Dzhingarov
2017 was a wonderful year for Bitcoin but 2018 did not yet live up to initially set expectations. Basically, people that are specialized in Bitcoin and crytpocurrency investments are now divided. Investing in Bitcoin is something so many are interested in but before you do this, there are some things that you absolutely have to know.
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Thursday, June 21, 2018
The NASDAQ’s Outperformance vs. the Dow is Very Bullish / Stock-Markets / Stock Markets 2018
By: Troy_Bombardia
First of all I’d like to thank Shawn. He raised a good question, one that I’ll answer in this study.
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Thursday, June 21, 2018
Trump’s Trade Tariffs Undermining America’s Economic Future / Stock-Markets / Stock Markets 2018
By: Dan_Steinbock
As President Trump is again suspending the opportunity for trade compromise, new US tariffs are not only alienating US allies and partners but undermining America’s own future prospects.On Monday, US President Donald Trump threatened to impose a new 10 percent tariff on $200 billion of Chinese goods. That will not only re-escalate the trade war with China but contribute to new risks of collateral damage to the US economy.
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Wednesday, June 20, 2018
Jaguar Land Rover to Start Dumping Production of Car's in Eastern Europe / Companies / Auto Sector
By: N_Walayat
Land Rover owners and drivers got some very bad news this week as Indian (Tata) owned Jaguar Land Rover (JLR) announced it's intentions to start dumping production of their cars in Eastern Europe, specifically Slovakia starting with the Discovery Model with the loss of about 1000 jobs in the UK that is in addition to 1000 job losses announced in April, so this year has seen JLR slash 2000 jobs or prospective Land Rover buyers from the UK. JLR is the UK's largest remaining car manufacturer and so in the name of 'saving money' they are going to transfer production to factories in eastern europe.
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Wednesday, June 20, 2018
The Fed’s “Inflation Target” is Impoverishing American Workers / Stock-Markets / Stock Markets 2018
By: Antonius_Aquinas
At one time, the Federal Reserve’s sole mandate was to maintain stable prices and to “fight inflation.” To the Fed, the financial press, and most everyone else “inflation” means rising prices instead of its original and true definition as an increase in the money supply. Rising prices are a consequence – a very painful consequence – of money printing.
Naturally, the Fed and all other central bankers prefer the definition of inflation as a rise in prices which insidiously hides the fact that they, being the issuers of currency, are the real culprit for increased prices.
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Wednesday, June 20, 2018
Warning All Investors: Global Stock Market Are Shifting Away From US Price Correlation / Stock-Markets / Global Stock Markets
By: Chris_Vermeulen
Well over a month ago we warned our followers of a “capital market shift” that was taking place in the global markets. Nearly 3 months before that time, we warned that China’s economy was about to enter a sustained economic downtrend cycle that could be dangerous to the global markets. Today, we offer further evidence that the global markets are, in fact, shifting away from a price correlation to the US stock market and this move could be a warning sign that emerging markets and global markets could lead the world into an extended stagflation cycle.
Wednesday, June 20, 2018
Dow Fell 6 days in a Row. EXTREMELY Bullish Medium & Long term Sign for Stocks / Stock-Markets / Stock Markets 2018
By: Troy_Bombardia
The Dow Jones has gone down 6 days in a row. This is the first time in 15 months in which the Dow has fallen 6 consecutive days. But more importantly, the Dow has fallen 6 consecutive days while remaining above its 200 daily moving average.
In other words, this is the first time in a long time in which the Dow has fallen consistently.
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Wednesday, June 20, 2018
Crude Oil Price May Have Turned Down for Good! / Commodities / Crude Oil
By: Enda_Glynn
Hi everyone,
Hope the day went well for you.
Tomorrow,
the big three central bank heads,
will open their mouths and potentially cause havoc!
I am on record with my recommendations for how central bank chair persons should be treated when entering office.
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Wednesday, June 20, 2018
Gold GLD ETF Update… Breakdown ? / Commodities / Gold and Silver 2018
By: Rambus_Chartology
Just a quick update on a few of the GLD charts we’ve been following closely. Below is the daily line chat which shows the breakout from the blue triangle that formed as the backtest to the larger 5 point bearish falling wedge reversal pattern. The bulls tried as hard as they could but they couldn’t take out the bottom rail of the falling wedge reversal pattern. Friday’s decline was on heavy volume.
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Wednesday, June 20, 2018
EURUSD: Why the "Next Day or Two" are Critical / Currencies / Euro
By: EWI
An Open House insight from our Currency Pro Service editor
Every week, our Currency Pro Service editor, Jim Martens, records a new video focusing on EURUSD, USDJPY and other markets. Learn why "the next day or two" should determine the next move in the euro in this clip from Jim's June 17 video.
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Wednesday, June 20, 2018
The Fed Is Driving Down Oil Prices / Commodities / Crude Oil
By: OilPrice_Com
The U.S. dollar has jumped to its strongest level in nearly a year, raising questions about how a strong greenback could act as a drag on debt and oil demand in much of the world.
The U.S. Federal Reserve announced another rate hike a few days ago, which helped edge up the dollar to a new high for the year.
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Wednesday, June 20, 2018
Open House is Now On! A $1,180 Ticket to New Trading Opportunities, Free / Stock-Markets / Financial Markets 2018
By: EWI
Dear Reader,
Elliott Wave International is opening the doors to its entire lineup of trader-focused Pro Services -- but only for a week! It's a ticket that's worth $1,180.
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Tuesday, June 19, 2018
Major Turnaround in Crude Oil’s Price / Commodities / Crude Oil
By: Nadia_Simmons
Crude oil’s Friday’s huge daily decline was not followed by yet another daily slide, but by a profound reversal. The price has surely turned by 180 degrees, but can we say the same thing about the outlook for the following days?
No. The volume doesn’t support this outcome and as you’ve seen in the previous several days, indications and confirmations from volume are very important. In fact, the low volume was one of the key reasons that made us open the short position at $66.78 on Wednesday.
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Tuesday, June 19, 2018
Outrage at What the United States is doing to Children Across the World! / Politics / US Politics
By: Raul_I_Meijer
Yes, you have every right to be outraged at the disgraceful treatment of children on America’s borders. But that does not give you the right to NOT be outraged by what America has done and is today still doing to children in, just to name a few places, Syria, Libya and Yemen. Be outraged, but don’t make it an echo chamber issue. Because if you do, you, too, are in a cage.
So if you see the wives of former presidents speak out about the child separation policies, ask yourself where they get the moral authority to speak out on such issues, after their husbands have bombed the crap out of many countries, killing many many children in the process. And don’t let’s get started about Hillary Clinton when she was Secretary of State.
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Tuesday, June 19, 2018
The Fed Screwed Up… and the Markets Know It / Forecasts / Stock Markets 2018
By: Graham_Summers
Last week the Fed announced it intends to hike rates another two times this year, with three more hikes next year. The Fed also announced that it will continue to increase its QT program with the goal of eventually withdrawing $50 billion in liquidity per month, or some $600 billion per year.
The market didn’t like this announcement, with stocks in a sea of red. This has raised the question… “is the Fed going to trigger a market meltdown?”
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Tuesday, June 19, 2018
Credit Card Debt and the Costs of Borrowing Are on the Rise / Personal_Finance / Credit Cards & Scoring
By: MoneyFacts
The quarterly Moneyfacts UK Credit Card Trends Treasury Report, which studies the UK personal finance market (Unsecured Personal Loans, Credit Cards and Overdrafts), reveals that the average purchase and cash rates on credit cards have risen during Q2 2018, as has the average cash withdrawal fee. This comes at a time when credit card borrowing is on the rise, up by around £3 billion year-on-year, while £318 million of credit card debt was written off in the first quarter of 2018*.
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Tuesday, June 19, 2018
Short-term Turnaround in Bitcoin Might Not Be What You Think / Currencies / Bitcoin
By: Mike_McAra
The last couple of weeks have been disheartening for Bitcoin bulls. The currency has been on a move down. Is this about to end? The answer to this question determines whether the profits on our hypothetical positions are about to grow.
News has come out that the recent move down might be over. In an article on the Forbes website, we read:
The plunge began Sunday, with several factors possibly feeding into it, including a cyber-heist that hit South Korea’s Coinrail cryptocurrency exchange—even though no bitcoins were stolen—and a U.S. regulatory probe into Bitcoin price manipulation.