Tuesday, April 03, 2018

China Moves to Neuter King Dollar in International Trade / Currencies / US Dollar

By: MoneyMetals

Last Monday, the Shanghai International Energy Exchange launched the first futures contract for crude oil priced in Chinese yuan. It’s a major step forward in the process of international de-dollarization. Now Chinese and other international traders can buy and sell the world’s most important commodity in a liquid market without using U.S. dollars.

The “petro dollar” now faces the prospect of being rendered unnecessary as China – the world’s biggest oil importer – attempts to establish a “petro yuan.”

Tuesday, April 03, 2018

Markets Could Rise on Commodity Prices in April / Stock-Markets / Financial Markets 2018

By: Builderadv

Despite all the volatility during the first quarter, the first three months of 2018 stock markets correcting but recovering towards the fag-end. The Dow Industrials were the biggest losers with a quarterly drop of -2.5%. The broader S&P 500 Index lost only -1.2%. While the tech dominated Nasdaq Composite gained 2.3%. Small caps saw only a marginal loss (-.40%). The Vanguard Total Stock Market ETF (VTI) captures the entire stock market by size (large, small, and midsize) and by style (growth and value). And it lost only -.71% from the end of December to the end of March.

Tuesday, April 03, 2018

Revealing Stock Market Session / Stock-Markets / Stock Markets 2018

By: Andre_Gratian

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 should now continue until May.

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. 

Monday, April 02, 2018

This Will Be The Hottest Commodity of 2018 / Commodities / Lithium

By: OilPrice_Com

Monday, April 02, 2018

Sheffield Tree Fellings Protest - Amey and Acorn Vehicles Slow Marched VR 360 / Local / Sheffield

By: N_Walayat

Here's what tends to happen at the end of Sheffield's Street Tree fellings, as Amey and Acorn vehicles are are slow marched out of the felling site at Thornsett Road so that they have less chance of resuming fellings elsewhere on that day, with protestors themselves surrounded by Police, encouraged fasten their pace under threat of a Section 303 obstructing the highways charge.

Monday, April 02, 2018

A Sudden Decline in Market Sentiment is Bullish for Stocks / Stock-Markets / Stock Markets 2018

By: Troy_Bombardia

The stock market soared from 2017 to January 2018. The rally’s acceleration in January resulted in extremely optimistic sentiment from consumers.

1. 30% of consumers polled in January by the Conference Board expected stocks to rise in the next few months.
2. Today, only 6% of consumers polled by the Conference Board expect stocks to rise in the next few months.

Sunday, April 01, 2018

Best Cash ISA April 2018 - Last Chance Before for End of Tax Year! / Personal_Finance / ISA's

By: Nadeem_Walayat

This is your last chance to capitalise on your 20k annual tax free Cash ISA savings allowance, and I am sure many savers are buoyed by mainstream financial press coverage of warnings of rising UK interest rates as the Bank of England is expected to continue hiking UK base rates as it plays the game of follow the US Federal Reserve Bank leader by withdrawing some of its support for its banking sector brethren such as the funding for lending scheme that resulted in a catastrophic collapse in UK savings interest since its start in mid 2012. Which has resulted in UK savers being literally ripped off by the tax payer bailed out banking sector, the duration for which the banks that have continued to bank bonuses on the basis of artificial profits engineered by the Bank of England in an attempt at recapitalisng the bankrupt banks all whilst savers continue to suffer and pay the price in terms of loss of real terms purchasing power of savings as inflation continues to erode the hard earned wealth of Britain's savers.

Sunday, April 01, 2018

AUDUSD Currency Trend Analysis / Currencies / Austrailia

By: Austin_Galt

Latest Price – 76.82c

Pattern - recent high made a double top which rarely end trends. So, expect a move above that level.

Fibonacci – price down to 76.4% retracement level and the 88.6% angle, a very nice setup for a corrective low if that is to be the case.

RSI – triple bullish divergence in place at recent low. Nice.

Sunday, April 01, 2018

The S&P Stocks Index Will Probably Breakdown Below its 200 SMA / Stock-Markets / Stock Markets 2018

By: Troy_Bombardia

The S&P 500 is hovering just above its 200 day moving average right now.

When the S&P 500 flirts with its 200 sma but doesn’t break below it, it usually breaks below this moving average soon. This is a short term bearish sign for the stock market but has no medium-long term implications. The 200sma becomes a magnet for the S&P in the short term.

Saturday, March 31, 2018

It’s Not Yet Time for Gold / Commodities / Gold and Silver 2018

By: Jordan_Roy_Byrne

Last week we noted that Gold’s quarterly close would be a key marker for Gold’s immediate breakout potential. Gold was seemingly on course for its highest quarterly close since 2012 until it reversed back below quarterly resistance at $1330/oz. Hence, an imminent break to the upside is unlikely and gold watchers will have to remain patient. It’s not yet Gold’s time. It will be soon enough.

One catalyst for the most recent strength in Gold (the correction in equities) appears to have faded as the S&P 500 has held its 200-day moving average. A sustained rebound in equities while bond yields correct would not be particularly bullish for Gold. The obvious reason is capital is flowing into equities and not Gold. A rebound in equities amid a temporary reduction in inflation expectations would equate to stable or rising real yields.

Saturday, March 31, 2018

Warning Economic Implosion on the Horizon / Economics / Economic Depression

By: Chris_Vermeulen

Our previous three segments of this research report detailed not only the history of the Chinese economic activity but also detailed some of the capital flow issues that have been active in presenting this unique instance in time as it relates to a potential implosion of economic activity in China and most of Asia.  We, the research team at Technical Traders Ltd., have attempted to clearly illustrate all of the components and facets that have existed to make up a very unique scenario where traders may be able to experience a once or twice in a lifetime trade that could result in massive returns.

Within our previous posts, we attempted to disclose what we believe to be one of the most critical and potentially damaging economic events in our future.  We urge all readers to review (Part I, Part II, Part III) of this multi-part research report to bring everyone up to speed with our thinking.  Please take a moment to our earlier posts before continuing.

Saturday, March 31, 2018

Warning China / Asia Economic Implosion on the Horizon? / Economics / China Economy

By: Chris_Vermeulen

Thank you for following our multi-part research (Part I, Part II) into the possibility of a China/Asia market collapse and our hypothetical analysis of what that event might consist of and how it may play out.  So far, we have discussed the Chinese housing market rotation as well as the recent trends within the past 7+ years, expansion and foreign investments made by many Chinese and successful Asian investors.  All of this research raises some interesting questions for us to consider.

Saturday, March 31, 2018

Central Planners Hiding Inflation, Imposing Negative Real Interest Rates / Stock-Markets / Financial Markets 2018

By: MoneyMetals

Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason.

Coming up we’ll hear from Frank Holmes of U.S. Global Investors. We’ll ask Frank about his outlook on gold during the remainder of 2018 and he’ll also tell us why we should be very leery of taking any financial advice from newly appointed Trump advisor Larry Kudlow. Don’t miss my conversation with Frank Holmes, coming up after this week’s market update.

As the first quarter of 2018 comes to an end, the gold market finds itself trading fairly close to where it began the year. Every time gold looks like it’s on the verge of breaking out, it gets pushed back into a stubbornly persistent trading range.

Saturday, March 31, 2018

Warning Doritos Crisps Voucher Wins Are Near Useless at Tesco Supermarkets / ConsumerWatch / Freebies and Comps

By: N_Walayat

The Doritos instant win promotion that began Mid February and due to end Mid April has proved to have a high probability for a win that we currently estimate at 40%, i.e. 4 out of every 10 packets will be a winner! Just enter the code on the back of the Doritos packets at the website and you will instantly know if you have won cash from £5 to £500 or a print at home voucher for free packet of Doritos which is what you are most likely to win.

Friday, March 30, 2018

Silver Mining Stocks SIL ETF Fundamentals / Commodities / Gold and Silver Stocks 2018

By: Zeal_LLC

The silver miners’ stocks have really languished since mid-2016, relentlessly grinding sideways to lower.  With gold out of favor, silver and its miners have largely been left for dead and forgotten.  This sector is deeply mired in universal apathy and bearishness.  But since silver stocks can skyrocket when silver decisively rallies again, it’s important to keep an eye on silver miners’ fundamentals like their recent Q4’17 results.

Four times a year publicly-traded companies release treasure troves of valuable information in the form of quarterly reports.  Required by securities regulators, these quarterly results are exceedingly important for investors and speculators.  They dispel all the sentimental distortions surrounding prevailing stock-price levels, revealing the underlying hard fundamental realities.  They serve to re-anchor perceptions.

Friday, March 30, 2018

High Volatility is Bullish for the Stock Market / Stock-Markets / Stock Markets 2018

By: Troy_Bombardia

The U.S. stock market’s recent volatility has been very high. We demonstrated in this study that high volatility is a short term bearish sign but a medium term bullish sign for the stock market. Here’s another way of looking at it.

The S&P experienced 4 consecutive days of >1.5% movements (CLOSE vs. CLOSE $) from March 22 – 27, 2018. Some traders think that such high volatility is “bear market behavior”. I disagree.

Friday, March 30, 2018

Kit Kat's Have a BREAK 'Joe the Mug' Promotion / ConsumerWatch / Freebies and Comps

By: Anika_Walayat

Kit Kat are literally giving away 50,000 'Joe the Mugs' in an easy to win promotion until the 31st of August 2018. However, some lucky customers are apparenrtlt beign sent special edition 'puzzle' Joe the Mugs. So as kit-kat would say have a break Joe the Mug!

Thursday, March 29, 2018

Location, Location and Nerve Agents - The Skripals Poisening Saga / Politics / GeoPolitics

By: Raul_I_Meijer

I am gullible. Very. I betcha I am more gullible than you. And that tells you something, because you know how gullible you are. Or so you think. Still, as bad as I got it, something physically snapped in the back of my head this morning, I could hear it snap, when I saw this Guardian headline:

Skripals Poisoned From Front Door Of Salisbury Home, Police Say

Detectives investigating the attempted murders of Russian double agent Sergei Skripal and his daughter Yulia Skripal have said they believe the pair were poisoned with a nerve agent at the front door of his Salisbury home. Specialists investigating the poisoning of the the Skripals have found the highest concentration of the nerve agent on the front door at the address, police said. Counter-terrorism detectives will continue to focus their inquiries on the home address for the coming weeks, and possibly months…

Thursday, March 29, 2018

Gold’s Old Friend Comes Back / Commodities / Gold and Silver 2018

By: Arkadiusz_Sieron

Remember LIBOR? The interest rate which soared during the global financial crisis? It’s on the rise again, but almost no one is paying adequate attention to it. We are – and we will analyze for you what this means for the gold market.

Hello LIBOR, My Old Friend
Simon and Garfunkel sang about darkness, the old friend. We can refer these words to LIBOR which has come to talk with us again. I bet you remember the Great Recession well. But let me briefly remind you that LIBOR soared in 2008 as banks were reluctant to lend to each other. The stress in the financial system fueled fears, increased risk premia and made LIBOR rise. Gold shined then. Just see the chart below.

Thursday, March 29, 2018

Uncle Sam Issuing $300 Billion In New Debt This Week Alone / Interest-Rates / US Debt

By: GoldCore

– US needs to borrow almost $300 billion this week alone
– This is the largest debt issuance since 2008 financial crisis
– Trump threatens trade war with its biggest creditor – China
– Bond auctions have seen weak demand due to large supply and trade war concerns
– $20 trillion mark reached in early September 2017; $1 trillion added in just 6 months
– US total national debt level now exceeds $21.05 trillion and is accelerating higher
– U.S. debt and dollar crisis coming which will propel gold higher (see chart)