Wednesday, May 30, 2018
Did the Crypto Market Just Bottom? / Currencies / BlockChain
In my recent article, "Time for a Crypto Lunar Rocket Launch?" I stated that we have been tracking bullish 5-wave patterns off the April lows, and viewed most cryptocurrencies in wave-2 corrections or about to complete the impulse and enter wave 2s. However, some disparate coins are currently in B waves or wave iv corrections.
I also stated that some of the corrective fractals that we were beginning to see were shallow, particularly that in Ethereum. Meanwhile, I said that corrective waves are notorious for twists and turns, and for changing the views of traders and analysts alike. So, I always ground myself in a zoomed-out point of view.
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Wednesday, May 30, 2018
Stock Market S&P 2700 Key Level / 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 – The intermediate correction from 2873 is likely to continue until about early June.
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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Tuesday, May 29, 2018
Prepared For The Next Leg In The US Stock Markets? / Stock-Markets / Stock Markets 2018
Ever since the deep price rotation in late January/early February 2018, many analysts have attempted to pinpoint the next moves in the markets. We recall reading the “doom and gloom” reports telling traders this is the big one and to prepare for a much lower price breakdown. We also read a few research posts that aligned with our adaptive predictive modeling systems suggesting this move would expand into extended bottoming rotation. We want to point out a few components of this move that most analysts are missing.
As we continue through this article, we want to highlight the similarities of this recent price rotation to the price rotation that took place in 2015/2016 and how prices advanced in staged “legging” patterns that allowed a great opportunity for traders and investors.
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Tuesday, May 29, 2018
Silver Trading in Tight $1 Range As Pressure Builds For A Breakout / Commodities / Gold and Silver 2018
- Trump Cancels Historic Summit with North Korea
– US 10-Year Falls Below 3%, Gold Jumps Back Above $1300
– “Inflation Overshoot Could Be Helpful” – Latest FOMC Minutes
– Gold Demand in Turkey as Lira falls sharply, true inflation near 40%
– EU Crisis Looming as Italy Plan Outright ‘Money Printing’ with ‘Mini-Bots’
– Silver Trading in Tight $1 range, Pressure Building for a Breakout (see chart)
Tuesday, May 29, 2018
Why Philippines Economy Is Thriving, Despite IMD / Politics / Asian Economies
According to the 2018 IMD World Competitiveness report, Philippines ranking plunged nine notches. In reality, competitiveness indexes often fail to capture disruptive change.According to the IMD report, executed in cooperation with the Asian Institute of Management, Philippines fell by nine places to 50th among 63 countries.
Nevertheless, Socioeconomic Planning Secretary Ernesto Pernia called the findings a “misobservation” - and rightly so.
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Monday, May 28, 2018
New Tech To Revolutionize The Billion Dollar Marijuana Business / Companies / Cannabis
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Monday, May 28, 2018
How Do You Make Money on the Stock Market With A Broken Clock? / Stock-Markets / Stock Markets 2018
For those that are familiar with American football, you would likely understand the strategy that the team that controls the clock usually controls the game.
But, what happens if the clock is broken and the game just keeps going and going and going? Well, it is no different than when an analyst makes a claim that the stock market is going to crash, and makes this claim week after week after week, and does this for months or even years on end. Since there is no time limit to the game, eventually, this analyst can “win” the game.
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Monday, May 28, 2018
A Recession Indicator for Independent Thinkers / Economics / Recession
Last month we took sides in the ongoing debate about the Great Yield Curve Scare—we argued that the curve hasn’t flattened enough to deliver a strong recession signal at this point in time. We showed that the recent flattening is similar to those that occurred at various stages of the last nine business-cycle expansions, but usually before the midpoints. In other words, history places today’s curve in an early- or mid-cycle position, not late-cycle as commonly believed. We concluded that the recent flattening isn’t all that interesting as far as the business cycle is concerned.
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Monday, May 28, 2018
Economy Still Too Strong to Induce Stocks Bear Market Recession / Stock-Markets / Stock Markets 2018
The adage “the stock market is not the economy” is true on a day to day and week to week basis. But it isn’t true in the medium-long term. The stock market and the economy move in the same direction over the long term. This means that you can predict the future of the stock market by predicting the future of the economy (fundamentals).
The adage “the stock market leads the economy” is true, but only when you look at the “economy” through the lens of GDP. These charts show that the stock market topped before a recession started in the 4 historical bear markets since 1950.
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Monday, May 28, 2018
Theme Parks 2 Min Bar Hang Challenge - Normal vs Spinning / Rotating Bar / ConsumerWatch / Theme Parks
Summers here and everyone's off to the theme parks where your likely to come across the 2 Minute Bar Hang Challenge to win a prize! Seems easy enough, but only one problem, the bar rotates! So see how much more harder hanging from a spinning / rotating bar's is as compared to hanging from a normal fixed pull up bar as Anika who can easily hang for more than 2 minutes from a normal pull up bar does the comparison test, so one would expect should stand a good chance of beating the 2 min bar hang challenge at theme parks such as Alton Towers. Now watch exactly what the difference is between the two in terms of difficulty before you decide to hand out your hard earned cash and have a go!
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Sunday, May 27, 2018
How Trump’s Ditching of Iran Nuclear Deal Affirms American Unipolarity with Obama’s help / Politics / US Politics
The Trump White House plans to break the Iran deal by sanctioning companies from Europe and Asia doing business in and with Iran. Ironically, President Obama paved the way to unilateral sanctions.For three years, the comprehensive nuclear accord (JCPOA) has offered Iran relief from US, UN and multilateral sanctions on energy, financial, shipping, automotive and other sectors. But recently that era came to a halt. “The United States will withdraw from the Iran nuclear deal,” President Trump said on May 8.
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Sunday, May 27, 2018
Blackstone, BlackRock or a Public Bank for California’s Money? / Politics / US Politics
California needs over $700 billion in infrastructure during the next decade. Where will this money come from? The $1.5 trillion infrastructure initiative unveiled by President Trump in February includes only $200 billion in federal funding, and less than that after factoring in the billions in tax cuts in infrastructure-related projects. The rest is to come from cities, states, private investors and public-private partnerships (PPPs). And because city and state coffers are depleted, that chiefly means private investors and PPPs, which have a shady history at best.
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Sunday, May 27, 2018
EUR USD Forex Analysis / Currencies / Euro
Latest Price – 116.61Previous analysis updated – price has continued to trade down but the overall outlook calling for a substantial rally remains unchanged.
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Sunday, May 27, 2018
Stock Market Study: How Long After a 10%+ “Small Correction” to Make New Highs? / Stock-Markets / Stock Markets 2018
The S&P 500 made a 10%+ “small correction” from January- February 2018. In a previous study I looked at how long it usually takes for the stock market to go from its correction bottom to a new all time high.
In today’s study I’m going to look at how long it usually takes for the S&P 500 to go from an old all-time high to making a new all time high.
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Saturday, May 26, 2018
Gold, US Stocks and Bonds / Stock-Markets / Financial Markets 2018
I’ll try to keep things simple with this recap of the 3 of the 5 major food groups (leaving aside commodities and currencies) for investors. No confusing you today with too many inter-market ratios, overly technical language or cute metaphors like the 3 Amigos (although it is notable that Amigo #2 is stopping exactly as we’d forecast, as you’ll see in the Bonds segment below).
So let’s take a technical look at a larger picture of the 3 groups using weekly charts for gold and SPX and a monthly for 30yr bond yields, along with some thoughts. We’ll reserve the shorter-term technical management for subscriber updates and weekly NFTRH reports.
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Saturday, May 26, 2018
Climate Change Canaries and Our Changing Climate / Personal_Finance / Climate Change
Climate change is the buzz word of the 21st century along with its controversial cousin, “global warming,” with both cited frequently as explanations for evidence of our planet in ecological flux. This includes freak winter storms that appear to contradict the “warming” thesis, scorching summer droughts, water shortages, rising sea levels, retreating glaciers, melting permafrost, skinny polar bears, dying coral reefs and the extinction of species.
While there is disagreement over its causes – man-made versus natural – the reality of climate change is an incontrovertible fact. The planet is warming, affecting our weather, our oceans, our growing seasons, even our food, as crops fail, causing shortages and price hikes. Storms are becoming more frequent, and more intense, and droughts are lasting longer.
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Saturday, May 26, 2018
Three Drivers of Gold, Second Look / Commodities / Gold and Silver 2018
Let’s take a second look at the drivers of gold. We have already stated that the three most important factors are: the real interest rates, the U.S. dollar, and the risk aversion. Fair enough. But we have presented just the first approximation. We need to dig deeper. Why?
First, all these variables are connected together. Many analysts and investors who listen to them often make a mistake, assuming that the forces which push one driver have no effect on the other inputs into the value of gold. This is a dangerous delusion, which may expose investors to heavy losses.
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Saturday, May 26, 2018
Gold Junior Stocks GDXJ ETF Fundamentals / Commodities / Gold and Silver 2018
The junior gold miners have largely been shunned over the past year or so, condemned to listlessly drift near lows. Their stock prices have suffered serious collateral damage from stubbornly-bearish gold sentiment. But they are faring much better under the hood than their battered visages suggest, with their latest quarterly results revealing strong fundamentals. Juniors are ready to soar when gold sentiment turns.
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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Friday, May 25, 2018
What to Expect at a Critical Stock Market Point: End of a Wave 2 Rally / Stock-Markets / Elliott Wave Theory
"Most investors are convinced that the bull market never went away."
The great game of Wall Street -- where huge amounts of money are at stake every trading day.
Many speculators play this game by watching for events outside of the stock market that they believe will "trigger" the next big move in prices.
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Friday, May 25, 2018
Merlin Passes Top Tips for Buying and Using Premium vs Standard, Theme Parks UK / Personal_Finance / Theme Parks
Summers 2018 has arrived and families are busy planning their summer holidays that usually include 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 such as Alton Towers, Chessington, Legoland, Thorpe Park and the Dungeons and Sea Life centres, including a dozen clustered in and around London. So here are my top tips for buying and use of Merlin passes of whether you should buy Premium, Standard or a mix of both. Also we find out exactly what you get in a Merlin Premium Pass holders privilege pack, so find out if it's worth paying that extra £50 or not.
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