Friday, September 29, 2017
EURGBP Broke Out Of Price Channel And Formed Sideways Movement / Currencies / Euro
EURGBP recently broke out of a price channel on its 4-hour chart and moved sideways in a trading range between 0.8746 and 0.8899, suggesting that consolidation for the bearish movement from 0.9306 is underway.
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Friday, September 29, 2017
U.S. Stocks: A 'Big' Move Ahead? (Video) / Stock-Markets / Stock Market 2017
Dear Investor,
Aside from a brief dip a few weeks ago, U.S. stocks have been the embodiment of stability. And many in the mainstream are talking about this continuing for the foreseeable future.
If there's one thing we know, it's that this won't continue forever. Periods of high volatility ALWAYS follow periods of low volatility. Are you ready for some "fireworks" in the stock market?
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Friday, September 29, 2017
Gold, Stock Market and Newton's Third Law / Stock-Markets / Stock Market 2017
Precious metals expert Michael Ballanger discusses the effects of "Quantitative Tightening" on precious metals markets. In late August, we decided to anchor our boat out in a place called Indian Harbour, a wonderful "safe haven" for boaters that love northern Georgian Bay, in an effort to make the most of what has been an absolutely dreadful summer for most people in the east-central part of Canada and the U.S. This little harbour is protected by a small sliver of rock and trees that separates it from the ravages of the prevailing westerlies which whip across the prairies gathering momentum until they descent upon the largest contiguous consortment of freshwater lakes in the world (The Great Lakes) and gather moisture and volatility until they ultimately unload their liquid bounty into the most fertile farmland in North America which stretches from Detroit and Soo, Michigan, easterly to Kingston, Ontario.
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Friday, September 29, 2017
First of all, what is MetaTrader 4? / InvestorEducation / Trading Systems
MetaTrader 4 may appear to be a system activity, but it has become recognized as one of the most commonly used separate dealing systems kind of investors and foreign exchange agents around the world. While some foreign exchange agents can provide their own exclusive dealing systems, MetaTrader 4, or MT4, has become recognized as the marketplace innovator for dealing FX. MT4 was created by application company MetaQuotes, and first released in 2005. MetaTrader 4 is a dealing system developed by MetaQuotes Software for dealing on the internet in the currency trading, agreement for variations (CFDs) and futures trading marketplaces. MT4 Hrvatska as it is commonly known, obtainable at no charge straight from the MetaQuotes web site (metaquotes.net) or through a multitude of on the internet foreign exchange agents. MT4 provides sources and sources that allow investors to evaluate price, place and handle deals, and employ computerized dealing techniques. This guide will provide an release to many of MetaTrader 4's features, such as graph configurations, technological research sources and trade placement.Read full article... Read full article...
Thursday, September 28, 2017
A New Challenge to the US Dollar / Currencies / US Dollar
In a move that was little noticed outside of the financial world, China announced the creation of an oil futures contract (open to international traders) that will be denominated in Yuan and convertible into gold. This move provides the first official linkage of oil to gold, and more importantly a linkage between the Chinese currency and gold. While the contract volumes that will be traded on this new platform will certainly be minuscule in comparison to those in the dominant markets of New York and London (at least initially), I believe the move is the latest, and perhaps most significant, step that China has taken down the path that could lead to a global economic system that is not fully dependent on the U.S. dollar. The move amounts to a direct challenge to the dollar's privileged reserve status and could threaten U.S. dollar price erosion.
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Thursday, September 28, 2017
SPX Needs Another Probe Higher. NDX Does Not / Stock-Markets / Stock Market 2017
SPX appears to have one further probe higher to complete Wave (v). It appears to be an Ending Diagonal, which means that Wave (v) should be an a-b-c form. Five waves already appear, but the middle wave cannot be a Wave iii because it is the shortest in the series. Wave v may reach equality with Wave i at 2515.00, so that is my target. The Cycle Top is at 2524.55, so we may consider that as a possible limit to an extension.
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Thursday, September 28, 2017
Trump’s Solar Tariff Confusion Creates An Investing Opportunity / Companies / Solar Energy
The solar sector is reeling from confusion, and stock prices are reeling right along with it. The time it has taken investors and traders to wrap their heads around Trump’s industry tariffs and the pyrrhic victory of two solar companies in a case against cheap Chinese imports has seen stocks rally in a big way, and then fall just as hard.
When the International Trade Court ruled in favor of plaintiffs Suniva and SolarWorld in their case against cheap Chinese solar module and cell imports, reactions were polarized: the U.S. solar industry was outraged—as it had been for most of the duration of the court investigation—and investors, apparently, were extremely upbeat for the future of this same outraged industry, sending solar stocks sky-high.
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Thursday, September 28, 2017
A Former ETF Head At Lehman Brothers: Here’s How To Choose The Best ETF For You / Companies / Exchange Traded Funds
BY JARED DILLIAN : There is a massive price war going on in ETF-land. Issuers are falling over themselves in the race to the bottom in fees.
Clearly, they’re doing it because it works. For many investors, low fees were the main reason you are invested in ETFs.
I saw some funds the other day that had a .04% expense ratio. That’s four basis points, meaning that if you invest $10,000, you pay $4 in fees.
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Thursday, September 28, 2017
History Illustrates Stock Market Crashes Should be Embraced & Not Feared / Stock-Markets / Stock Market Crash
If you're not just a little bit nervous before a match, you probably don't have the expectations of yourself that you should have. Hale Irwin
This is a topic that financial writers should cover in more depth, but it also needs to be covered accurately. From the very beginning individuals have been trained to view crashes as disasters, and in doing so, they miss an opportunity of a lifetime. One has to wonder why so many experts almost purposely go out of their way to proclaim the next crash will mark the end of everything.
Thursday, September 28, 2017
The Koyaanisqatsi Economy / Economics / Economic Theory
The film Koyaanisqatsi was released in 1982. The title means ‘life out of balance’ in the language of the Hopi, a Native American tribe who live(d) mainly in what is now north-east Arizona. It is directed by Godfrey Reggio with music by Philip Glass and cinematography by Ron Fricke. There are no actors, and no dialogue. Philip Glass’s music underlies a series of film fragments that contrast the beauty of American nature with the noise and pollution mankind has added to it. Wikipedia:
Read full article... Read full article...The film consists primarily of slow motion and time-lapse footage of cities and many natural landscapes across the United States. The visual tone poem contains neither dialogue nor a vocalized narration: its tone is set by the juxtaposition of images and music. Reggio explained the lack of dialogue by stating “it’s not for lack of love of the language that these films have no words. It’s because, from my point of view, our language is in a state of vast humiliation. It no longer describes the world in which we live.”
Thursday, September 28, 2017
Is This the Top for the Cryptocurrency Craze? Introducing Jesus Coin / Currencies / BlockChain
Shannara Johnson : Question: How do you recognize a bubble that’s ready to burst?
The answer is twofold:
- When people start going crazy over a certain asset—even the ones who couldn’t have cared less a year earlier.
- When people start doing insane things with that particular asset.
Thursday, September 28, 2017
As Sanctions on North Korea Ramp Up, War on Crypto-Currencies Heats Up / Currencies / BlockChain
By Stefan Gleason, : The dangerous provocations between North Korea and the United States haven’t yet escalated enough to rattle financial markets. The U.S. stock market notched another new record high last week, helping to blunt safe-haven demand for gold and silver.
The North Korea situation is, however, causing political reverberations in the crytpo-currency markets. Following China’s recent crackdown on crytpo-currency exchanges, U.S. officials may be gearing up for a regulatory attack on Bitcoin as part of an economic sanctions package.
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Thursday, September 28, 2017
S&P 500 At New Record High, Will It Continue Higher? Apple Stock Analysis / Stock-Markets / Stock Market 2017
Briefly:
Intraday trade: Our Wednesday's intraday intraday outlook has proved partly accurate. The S&P 500 index closed 0.4% higher, but it gained less than 4 points from its opening price. The index may continue to fluctuate along the level of 2,500 today. It remains above support level of the September 12 daily gap up of 2,488.95-2,490.37. Therefore, we prefer to be out of the market, avoiding low risk/reward ratio trades.
Our intraday outlook is neutral today, and our short-term outlook is bearish, as we expect downward correction. Our medium-term outlook remains bearish:
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Thursday, September 28, 2017
Copper, Oil, Commodities Bottom as Emerging Markets Breakout / Commodities / Commodities Trading
Tonight I would like to update some of the different commodities and emerging markets we took some positions in back in late July of this year. First, let me say that as investors we like everything to line up in perfect harmony so we can make some sense out of what is actually happening in the markets. It’s just human nature. For example, if the US dollar is doing this then the PM complex or the commodities should be doing that. There is a general rule that there is an inverse correlation between the US dollar and the PM complex or commodities, but it’s not always accurate.
Many times we can get bogged down trying to make everything fit perfectly before we make a trade. This can sometimes lead to missed opportunities as what we were expecting didn’t take place. For the most part this is one of the reasons why I prefer Chartology. When a pattern is building out the bears and bulls are making their side known by the battle they’re having with each other, which eventually creates a consolidation or reversal pattern. All the fundamentals that a stock has is also priced into the chart pattern.
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Thursday, September 28, 2017
Benefits of using MetaTrader 4 / InvestorEducation / Learn to Trade
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Wednesday, September 27, 2017
Why Doesn’t Janet Yellen Resign? / Politics / US Federal Reserve Bank
You would think, certainly if you were as naive and innocent as I am, that when you get offered the job of Chair of the Federal Reserve, you must be sure, before accepting, that you have the credentials and the knowledge required. If you don’t, it looks as if you don’t take the job seriously. Janet Yellen, who’s been Chair since January 2014, doesn’t seem to agree.
In a speech Tuesday for the National Association for Business Economics Yellen ‘honestly’ admitted that she doesn’t understand inflation, control of which is the Fed’s no.1 task (it’s debatable whether that’s a good idea). She doesn’t understand a bunch of other issues either. Those are her own words, not mine. Here are these own words:
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Wednesday, September 27, 2017
The Equifax Hack Must Be A Wake-Up Call To Redefine Digital Security / Companies / Cyber Crime
BY GEORGE FRIEDMAN : The Equifax hack must be the last straw in the saga of our inept computer industry. Critical information on the vast majority of American families was compromised.
To say that this was not a rare phenomenon understates it. There has been an endless array of stolen information—from the recent theft of still proprietary stock information from the Commerce Department to the theft of emails from the Democratic National Committee.
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Wednesday, September 27, 2017
Nobody Will Escape the Coming Pension Storm—It Will Be Every Man for Himself / Politics / Pensions & Retirement
The coming pension and unfunded government liabilities storm is so big that many of us simply can’t get out of the way, at least not without great difficulty. This holds true not just for the US but for almost all of the developed world.
I did a lot of thinking after we published last week's Thoughts from the Frontline about the coming pension tsunami (subscribe here for free)—especially as I was reading your comments—and I wished I had made my warning even more alarming.
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Wednesday, September 27, 2017
DVI-I and DVI-D Graphics Card Port Connectors - Custom Built Gaming PC Review (3) / Personal_Finance / Gaming
In part 3 of our buying a custom built gaming PC from an online builder such as OverClockers UK series, we connect the PC up for the first time. However before switching it on there is an issue to overcome, which is the difference between DVI-I and DVI-D graphic card to monitor cables. So if you have just bought a new PC base unit, watch this video first before you try to force the wrong connector into very similar graphics card ports! It could save you having to deal with bent pins or worse!
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Wednesday, September 27, 2017
Ray Dalio’s Principles: A Radically Truthful Review / InvestorEducation / Learn to Trade
Spending $26.95 to pick Ray Dalio’s brain for over 16 hours listening to the audiobook appears fantastic value to me. The thought crossed my mind to offer Mr. Dalio a charity donation in his name if he gave me the opportunity to make it a two-way conversation over lunch. But that wouldn’t have been consistent with his (or my) Principles. Instead, I’m offering my radically truthful review for $0. The challenge for Mr. Dalio is whether reading this review will be time well spent. Ray, you do not know my ‘believability’ – and that is a key deficiency in your principles you might want to address, especially when applied to the next phase in your life. Let me expand.
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