Friday, December 01, 2017

Capital Repositioning Driving Stock Market Volatility Higher / Stock-Markets / Stock Market 2017

By: Chris_Vermeulen

Recent moves in the FANG stocks shows that capital is starting to reposition within the global market.  As the end of the year approaches, expect more of this type of capital control to drive greater volatility within the markets.  At this time of year, especially after such a fantastic bullish run, it is not uncommon to see capital move out of high flying equities and into cash or other investments.

Friday, December 01, 2017

Britain Pushes for Brexit or Bust / Politics / BrExit

By: Boris_Dzhingarov

There are competing arguments as to how a Brexit will impact Britain. Those opposing a Brexit believe it will have disastrous repercussions on the UK economy, plunging the country into raging inflation, high unemployment, and a skills shortage among others. One of the more pressing concerns for Britain is the exodus of companies from the City of London to other European capitals.

Friday, December 01, 2017

Amey Grinch Felling Sheffield Christmas Lights Cherry Street Trees / Local / Sheffield

By: N_Walayat

The Labour controlled Sheffield City Council's 'streets ahead' PFI contractor Amey has deployed increased tree felling / security resources at the start of this week in an attempt to fell hundreds of trees before the end of this year by deploying what resembles an army of green capped hi vis jacketed security personnel to accompany felling crews that tend to far out number the protestors standing beside street trees in freezing temperatures across dozens of Sheffield's streets. The catalyst for this weeks escalation is the looming deadline contained within the PFI contract to fell 6,000 of Sheffield's big street trees by the end of 2017 (out of an estimated total of 36,000).

Thursday, November 30, 2017

SPX Giving Back its Gains / Stock-Markets / Stock Market 2017

By: Anthony_Cherniawski

SPX went parabolic this morning, nearly undoing my Wave analysis. The current Wave structure is invalidated at 2660.13. That was a close call. By 1:00 pm it was over.

Equities are at a spike high which makes it hard to go short, especially after this terrific short squeeze.

Thursday, November 30, 2017

Long-tail Pin Bar On BTCUSD Daily Chart Suggests Trend Reversal / Currencies / Bitcoin

By: Submissions

Bartosz Kali writes: After a phenomenal and very surprising run, the price of Bitcoin in relation to the US dollar is showing signs of retreating into a inevitable correction.

On a daily chart of BTCUSD as shown by price data from Bitstamp, we can clearly see a long-tail Pin bar indicating a trend reversal.

Long-tail pin bars are usually an indication of a strong rejection of a bullish run by the market and it is very often followed by a period of trend reversal.

Thursday, November 30, 2017

The War on Gold Intensifies: It Betrays the Elitists’ Panic and Augurs Their Coming Defeat / Commodities / Gold and Silver 2017

By: Stewart_Dougherty

Dictatorship (noun): Definition #3: absolute power or authority (Websters);
Def. #2: absolute, imperious or overbearing power or control (Random House);
Def. #3: Absolute or despotic control or power (American Heritage);
Def. #3: Absolute or supreme power or authority (Collins English Dictionary);
Def. #1: A type of government where absolute sovereignty is allotted
to an individual or small clique (Wikipedia).

Thursday, November 30, 2017

Five Charts That Show We Are on the Brink of an Unthinkable Financial Crisis / Stock-Markets / Financial Crisis 2017

By: John_Mauldin

Bonfires are fun to watch, but they eventually burn out.

Human folly apparently doesn’t, so we just keep adding to the absurdities. The volume of daily economic lunacy that lights up my various devices is truly stunning, and it seems to be increasing (you can find a previous series of charts in my free newsletter Thoughts from the Frontline, which you can subscribe to here).

Let’s take a look at a series of charts I received from my “kitchen cabinet” of friends.

Thursday, November 30, 2017

Low Cost Gold In The Age Of QE, AI, Trump and War / Commodities / Gold and Silver 2017

By: GoldCore

‘Fear and Loathing In the Age of QE … AI’ is a presentation given at Mining Investment London earlier this week.

Stephen Flood, CEO of GoldCore presentation (28 minutes) was well received at the conference which is a strategic mining and investment conference for leaders in the mining and investment sectors, bringing together attendees from 20 countries.

Thursday, November 30, 2017

S&P 500 Fluctuates As Technology Stocks Sell Off / Stock-Markets / Stock Market 2017

By: Paul_Rejczak

Briefly:
Intraday trade: Our Wednesday's intraday trading outlook was neutral. It proved accurate because the S&P 500 index lost 0.03%, following slightly higher opening of the trading session. The market broke above its short-term consolidation on Tuesday. We still can see negative technical divergences along with medium-term overbought conditions. However, there have been no confirmed negative signals so far. Therefore, we prefer to be out of the market today, avoiding low risk/reward ratio trades.

Our intraday outlook is neutral today. Our short-term outlook is neutral, and our medium-term outlook is neutral:

Intraday outlook (next 24 hours): neutral
Short-term outlook (next 1-2 weeks): neutral
Medium-term outlook (next 1-3 months): neutral

Thursday, November 30, 2017

US Dollar Index Monthly Chart / Currencies / US Dollar

By: Austin_Galt

5 point broadening top in play with recent low at 91.01 likely the point 4 low. If correct, price now headed to point 5 high. Could even develop into very bearish 7 point broadening top in time.

Recent low around support from the 88.6% angle of the bullish Fibonacci Fan and the 76.4% angle from the bearish fan. Next resistance likely to be around the 88.6% angle from the bearish fan.

Thursday, November 30, 2017

Three USD Markets Point One Way! / Currencies / US Dollar

By: Enda_Glynn

Hi everyone,

We got an indication today of how much the idea of Bitcoin has penetrated society.
FOMC member Dudley says that the Fed is starting to think about its own digital currency.

I found that ironic,
Seen as the lions share of FIAT currency itself is digitally generated
through credit emission in the banking system and monetized government debts!
Simply put;
The USD is the biggest digital currency, and it dwarfs bitcoin by several orders of magnitude.
It seems that the FED itself does not realize its own game.

Thursday, November 30, 2017

Amey Deploys Private Security to Get Sheffield's Street Tree's Felled Before End of 2017 / Local / Sheffield

By: N_Walayat

The Labour controlled Sheffield City Council's 'streets ahead' PFI contractor Amey has deployed increased tree felling / security resources at the start of this week in an attempt to fell hundreds of trees before the end of this year by deploying what resembles an army of green capped hi vis jacketed security personnel to accompany felling crews that tend to far out number the protestors standing beside street trees in freezing temperatures across dozens of Sheffield's streets. The catalyst for this weeks escalation is the looming deadline contained within the PFI contract to fell 6,000 of Sheffield's big street trees by the end of 2017 (out of an estimated total of 36,000).

Wednesday, November 29, 2017

Gold Being Odd and USD Being Tricky / Commodities / Gold and Silver 2017

By: P_Radomski_CFA

Every now and then we see some kind of anomaly on the precious metals market. Sometimes it’s particularly useful and sometimes it’s just something random. Yesterday was one of those days when something didn’t seem right. The USD Index rallied, silver declined, mining stocks declined and yet, gold closed the session higher. What can we infer from this uncommon event?

Wednesday, November 29, 2017

Own Gold Bullion To “Support National Security” – Russian Central Bank / Commodities / Gold and Silver 2017

By: GoldCore

– We own gold bullion to “support national security” – Russian Central Bank
– Russia warns Washington: Confiscating fx reserves would be “declaration of financial war”
– Russia has quadrupled its gold bullion reserves in decade
– BRICs discussing ‘the possibility of establishing a single (system of) gold trade’
– Russia, China & maybe Saudi Arabia form alliances to unseat petrodollar
– Putin warns state-owned and private companies: be ready for rapid transition to war-time operations
– Russia, China gold-buying, Saudi strategic shift signal petrodollar era ending

Wednesday, November 29, 2017

Stock Market Bull Channel Trend Line / Stock-Markets / Stock Market 2017

By: Gary_Savage

The S&P is rapidly approaching its first test of the bull market channel trend line.

Wednesday, November 29, 2017

GBPJPY Failed To Break Below 146.93 Support / Currencies / British Pound

By: Franco_Shao

GBPJPY failed in its attempt to break below 146.93 support, and stayed in a trading range between 146.93 and 152.85. As long as 146.93 support holds, the price action in the range could be treated as consolidation of the uptrend from 135.59 and another rise could be expected after the consolidation.

Wednesday, November 29, 2017

Gold Fundamentals Are Not Bullish Yet / Commodities / Gold and Silver 2017

By: Jordan_Roy_Byrne

Too many technical analysts dismiss fundamentals. True, technicals usually lead fundamentals but understanding the fundamental drivers (when it comes to Gold) can give you an edge. Gold and gold stocks have remained below their 2016 peaks even in the face of a very weak US Dollar because the fundamentals are not there. Real rates have been stable in 2017 while the yield curve has been flattening. Until things change, Gold and gold stocks have little chance to breakout.  

Wednesday, November 29, 2017

Quotes, Gloats, and Anecdotes from the Silver & Gold Summit / Commodities / Gold and Silver 2017

By: GoldSilver

Jeff Clark : I attended the Silver & Gold Summit in San Francisco November 20 and 21. It was great connecting with the many people I know in the industry, but I will tell you that a) attendance was low, and b) crypto promoters were out in force. It turned out to be more of a gold and crypto conference than anything else. Some of the more lively sessions were the gold vs. crypto debates, and one company offered “free bitcoin!” if you opened an account with them.

Wednesday, November 29, 2017

SPX in Throw-over / Stock-Markets / Stock Market 2017

By: Anthony_Cherniawski

SPX made a throw-over of its Ending Diagonal formation starting on February 12, 2016. A reversal back inside the Diagonal tells us the rally is over. All indices participated in this rally, which suggests this may be the final blow-off. The initial decline [Wave (1)] will usually go to the Daily Cycle Bottom at 2306.25. It is due during the week of 12-11. A very likely scenario may be an 8.6 day decline ending on mid-day December 11.

Wednesday, November 29, 2017

... / Stock-Markets / Reviews

By: Submissions