Thursday, October 26, 2017
More Volatility As Stocks Retrace Some Of Their Recent Rally / Stock-Markets / Stock Market 2017
By: Paul_Rejczak
Briefly:
Intraday trade: Our Wednesday's intraday trading outlook was bearish. It proved accurate because the S&P 500 index lost 0.5%, following neutral opening of the trading session. However, the market didn't reach our intraday profit target level of 2,535 (daily low at 2,544.00). The S&P 500 index may retrace more of its October rally. Therefore, intraday short position is favored again. Stop-loss is now at the level of 2,575 and potential profit target is at 2,535 (S&P 500 index).
Our intraday outlook is bearish today. Our short-term outlook is neutral, and our medium-term outlook is neutral:
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Thursday, October 26, 2017
Elliott wave: Are the Stock Indices Ending 5 Waves or Not? / Stock-Markets / Stock Market 2017
By: ElliottWave-Forecast
Elliott wave: The 5 waves advance
The Elliott wave Theory is a famous trading tool and is based in the idea that the Market advances in 5 waves and corrects in 3 waves. The Theory has some basic rules which are listed below
1) Wave 2 never retraces more than 100% of wave 1.
2) Wave 3 cannot be the shortest of the three impulse waves, namely waves 1, 3 and 5.
3) Wave 4 does not overlap with the price territory of wave 1, except in a diagonal formation.
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Thursday, October 26, 2017
Interest Only Mortgage Time Bomb Warning from the CML / Housing-Market / Mortgages
By: Kavinesh_A
The Council of Mortgage Lenders (CML) has provided a fresh warning that millions of homeowners who had taken out a Interest only mortgage to purchase their home many years ago are now facing the prospect of losing their home when there mortgage product reaches it’s expiry. The debate of an Interest only mortgage ticking time bomb has been rumbling on for many years but things have become more apparent this week as the Council of Mortgage Lenders highlighted that up to 1.9 million homeowners are going to start reaching the end of their mortgage lifespan and asked to pay the outstanding balance of what they owe. Unfortunately for many people who took out their mortgage 20 years ago they are now approaching retirement age and therefore seen as being too old to take out another mortgage product.Read full article... Read full article...
Thursday, October 26, 2017
XME Miners/Metals ETF Pushing Towards Significant Breakout / Commodities / Metals & Mining
By: Mike_Paulenoff
The SPDR S&P Metals and Mining ETF (XME) could be on the verge of a surprising, very powerful upside breakout after completing a 6-month corrective accumulation period.
After Trump was elected last November, the XME climbed from just under 25 to a February 2017 high at 35.21, or a whopping 41%, in anticipation of the enactment of the Trump agenda, concurrent with lower taxes, stronger economic growth, and upward pressure on inflation.
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Thursday, October 26, 2017
Threats to Digital Wealth Point Up Need for Tangible Backup / Currencies / BlockChain
By: MoneyMetals
By Stefan Gleason : Recent high-profile cyber security breaches at Equifax and other financial institutions highlight the perils of an all-digital economy. When wealth can be evaporated or expropriated at the stroke of a key, how secure can your finances really be?
Obviously, there is a big difference between wealth you can tangibly hold and wealth that exists only in electronic form.
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Thursday, October 26, 2017
Trump’s Indecision about North Korea May Cost Him Allies in Asia Pacific / Politics / GeoPolitics
By: John_Mauldin
BY GEORGE FRIEDMAN AND JACOB L. SHAPIRO : China’s 19th National Congress of the Communist Party is getting a lot of attention right now. In the opening ceremony, President Xi Jinping heralded the beginning of a new era in China. Surprisingly, he was also very honest about the inadequacy of his first term.
Although the congress will continue into this week, most of the major events have already taken place.
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Thursday, October 26, 2017
Amazon Frustration Free Packaging Memory SD Cards vs Retail Packaging / ConsumerWatch / Amazon
By: HGR
Here's a test to see what's the difference when buying memory SD cards from Amazon of the difference between frustration free packaging and normal packaging. As in this test purchase from Amazon we bought 2 SanDisk Micro SD cards.
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Wednesday, October 25, 2017
Is Clark Kent Transforming into Superman? The Buildup in Gold Trading Volumes / Commodities / Gold and Silver 2017
By: GoldSilver
It was one of the coolest scenes in the Adventures of Superman show: Clark Kent ripping back his business suit to reveal the Superman outfit underneath while he sprints to save the day. Probably millions of people have seen that transformation.
Well, a similar transformation may be underway with gold, one that shows this market may be ready to fly…
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Wednesday, October 25, 2017
Stock Market Trendlines Being Crossed / Stock-Markets / Articles
By: Anthony_Cherniawski
SPX appears to be breaking its Diagonal trendline and still has Short-term support at 2558.10 to break for confirmation.
This will be our SPX sell signal.
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Wednesday, October 25, 2017
The 5 Countries That Could Push Oil Prices Up / Commodities / Crude Oil
By: OilPrice_Com
Oil prices appear to be stuck in the $50s per barrel, but that doesn’t mean there aren’t serious supply risks to the market.
An unexpected disruption could occur at any moment, as has happened in the past, leading to a sudden and sharp jump in prices. Geopolitical tension has been largely irrelevant since the collapse of oil prices in 2014, but it’s making a return now that cracks have emerged in some key oil-producing nations. The threat of an outage will carry more weight as the oil market tightens.
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Wednesday, October 25, 2017
USDCNH Remains In Short Term Uptrend From 6.5555 / Currencies / Forex Trading
By: Franco_Shao
USDCNH stays in a rising price channel on the 4-hour chart and remains in the short term uptrend from 6.5555. As long as the price is in the channel, the upside movement could be expected to continue and next target would be at 6.6623, above this level could take price to next resistance level at 6.6884.
Wednesday, October 25, 2017
CIA Funding of Tech Companies / Politics / AI
By: BATR
Government funding of companies provides a steady stream of support for tech developing innovations. One vehicle for facilitating this relationship can be found in an entity called, In-Q-Tel. IQT describes their function as: “In-Q-Tel is the independent, not-for-profit organization created to bridge the gap between the technology needs of the U.S. Intelligence Community (IC) and emerging commercial innovation. We invest in venture-backed startups developing technologies that provide ready-soon innovation (within 36 months) vital to the IC mission. These technology startups are traditionally outside the reach of the IC; in fact, more than 70 percent of our portfolio companies have never before done business with the government.”
Wednesday, October 25, 2017
2017 Was The Year Of Gold's Consolidation, So What Will 2018 Present? / Commodities / Gold and Silver 2017
By: Avi_Gilburt
One of the most frustrating charts to trade during 2017 has been almost any chart in the metals complex. In fact, if you speak to most metals investors, you would almost think that they have incurred a huge loss in 2017.
But, that is far from the truth. In fact, since we caught the low around 107 in the GLD at the end of 2016, we have seen it rally almost 20% off those lows when it struck its 2017 high back in early September. As I write this article, we are still 13% off those lows.
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Wednesday, October 25, 2017
Silver Is Underperforming Gold / Commodities / Gold and Silver 2017
By: The_Gold_Report
Technical analyst Clive Maund charts silver and discusses its relationship with gold. Like gold, silver now appears to be completing an intermediate Head-and-Shoulders top within a much larger and very bullish Head-and-Shoulders bottom pattern. Both these Head-and-Shoulders tops are related to the Head-and-Shoulders bottom completing in the dollar index, that we look at in the parallel Gold Market update.
Wednesday, October 25, 2017
Stock Market Crash of October Crash 2017 / Stock-Markets / Stock Market 2017
By: Nadeem_Walayat
OCTOBER the month when the stock market doom merchants are at their most vocal as they focus on the historic apex of the darkest day of the darkest month for stocks of each year, October 19th, this year was the 30th anniversary of the 1987 stock market Black Monday crash that saw the market fall of a cliff, plunging by an unprecedented 22% on one day that few saw coming but ever since many prophesise the repeat of every October. Furthermore this year marks the 9th October of the current stocks bull market that the perma-crowd have been betting against for its duration. Which means that most of the doom merchants will already have gotten the stock market badly wrong for EIGHT OCTOBERS IN A ROW!
Wednesday, October 25, 2017
Stock Market Optimism Approaches Days of Roman Empire / Stock-Markets / Stock Market 2017
By: EWI
Investors are placing a stock market bet of record degree
If there's ever been a time to resist the impulse to follow the investing crowd, now is that time. Large speculators are making a bet that's four times larger than what they made in January 2008. Take a look at this chart.
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Wednesday, October 25, 2017
Strange Things Happening In The Paper Gold Market / Commodities / Gold and Silver 2017
By: John_Rubino
Back in September the hedge funds that speculate with gold futures contracts got extremely bullish, which – since speculators are usually wrong when they’re overexcited – was a signal that gold would be going down for a while. It did:
Wednesday, October 25, 2017
Trump May Reappoint Yellen as Fed Chair after All / Interest-Rates / US Federal Reserve Bank
By: MoneyMetals
By Clint Siegner: Candidate Donald Trump was none too kind to current Federal Reserve Chair Janet Yellen during his 2016 campaign. However, the President’s tone with regards to Yellen and Fed policy has been softening since his election.Trump met one on one with Yellen and other top contenders last week and now appears quite open to the idea of reappointing her to another four-year term.
Tuesday, October 24, 2017
Stock Market October Crash 2017 But Not as the Bears Expected! / Stock-Markets / Stock Market 2017
By: Nadeem_Walayat
OCTOBER the month when the stock market doom merchants are at their most vocal as they focus on the historic apex of the darkest day of the darkest month for stocks of each year, October 19th, this year was the 30th anniversary of the 1987 stock market Black Monday crash that saw the market fall of a cliff, plunging by an unprecedented 22% on one day that few saw coming but ever since many prophesise the repeat of every October. Furthermore this year marks the 9th October of the current stocks bull market that the perma-crowd have been betting against for its duration. Which means that most of the doom merchants will already have gotten the stock market badly wrong for EIGHT OCTOBERS IN A ROW!
Tuesday, October 24, 2017
Vanadium: The Metal We Can’t Do Without And Don’t Produce / Commodities / Metals & Mining
By: Richard_Mills
From swords to jet engines
One of the world’s least known metals is also of great importance, and likely to become more so as renewable energies catch up with and possibly eclipse fossil fuels. Yet vanadium’s primary use as a steel alloy is set to keep prices buoyant and North American explorers racing to find a domestic source of the metal that was once used to make swords so strong and sharp the mere sight of them struck fear into the hearts of their enemies.
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