Wednesday, September 27, 2017
Financial Advice From Jesse Livermore – Importance Of Being Patient and “Sitting” / Commodities / Gold and Silver 2017
Editor Mark O’Byrne
– Listen to Jesse Livermore and ignore the noise of short term market movements, central bank waffle and daily headlines
– Stock and bond markets are overvalued but continue to climb… for now
– What goes up must come down and investors should diversify and rebalance portfolios despite market noise
– Behavioural biases currently drive markets, prompting legendary investors to be confused and opt out
– Lesson is to prepare portfolios for long-term and invest in assets that will act as hedge in next market correction or crash
– Gold performs well over the long-term and delivers to those “sitting” and being patient
Wednesday, September 27, 2017
NZDUSD Moves In Falling Price Channel / Currencies / Forex Trading
NZDUSD stays in a falling price channel on its 4-hour chart, suggest that the pair remains in the downtrend from 0.7428. As long as the as the price is in the channel, the downside move could be expected to continue and further decline to test 0.7131 support would likely be seen in the coming days.
Read full article... Read full article...
Wednesday, September 27, 2017
DOW Jones and CRUDE Oil Reaching the End of the Line / Stock-Markets / Financial Markets 2017
Hi everyone.
All I have seen throughout the day was one article after the next speculating
on what Yellen may have meant when she said,
Well,
Whatever it is that she said!
I do not care what Jannet Yellen said,
Or what Jannet yellen thinks is going to happen in the future.
Tell me the last time a central bank actually got it right?
As far as I can see,
There is only one single thing that the FED has ever been good at doing,
And that is;
doing the WRONG THING at the wrong time,
pretty much all of the time.
Now is no different,
Wednesday, September 27, 2017
Gold and the U.S. Dollar / Commodities / Gold and Silver 2017
Technical analyst Clive Maund discusses the latest moves by gold and the U.S. dollar. The last Gold Market update, posted at its recent peak on the 11th, called for a significant reaction back by gold, and that is exactly what has since happened. It also called for a rally in the dollar, which hasn't happened—yet, but as we will see in this update, it looks likely to happen soon, and given that gold's COTs have barely eased on the current reaction to date, it therefore seems likely that gold will lose more ground on a dollar rally.
Read full article... Read full article...
Tuesday, September 26, 2017
This Indicator Stayed AHEAD of Silver for 18+ Months: See What It Says NOW - Video / Commodities / Gold and Silver 2017
Should investors rely on traditional ways of evaluating the stock market's "proper value"? You might be surprised at what these four charts show.
Read full article... Read full article...
Tuesday, September 26, 2017
Uncle Sam vs. Russia in Eastern Syria: the Nightmare Scenario / Politics / Syria
The impending collapse of ISIS has touched off a race for territory in the oil-rich eastern part of Syria pitting US-backed forces against the Russian-led coalition of Syria, Iran and Hezbollah. This is the nightmare scenario that everyone wanted to avoid. Washington and Moscow’s armies are now converging on the same area at the same time greatly increasing the probability of a conflagration between the two nuclear-armed superpowers. The only way a clash can be avoided is if one party backs down, which seems increasingly unlikely.
Read full article... Read full article...
Tuesday, September 26, 2017
Stock Market Bounce Stops at Resistance / Stock-Markets / Stock Market 2017
SPX has apparently been stopped at the Ending Diagonal trendline. The oversold condition has been relieved enough to allow the decline to resume. Should it continue, it is likely to be a complex affair, as it has been so far. As mentioned earlier, the next support appears to be the 50-day Moving Average at 2470.53. But that may not be all. The overlap suggests the decline is nowhere near being finished, so don’t be surprised if the decline starts to accelerate..
Read full article... Read full article...
Tuesday, September 26, 2017
The Left Behind of America and Germany, Europe / Politics / Social Issues
“Forget Germany, Spain Is The Real Problem”, reads a headline. Eh… no. Germany is definitely the problem in Europe. Spain is a bit player. That doesn’t mean nothing major could happen in Spain in its fight with Catalonia, and soon, but Spain, like all EU nations, is a de facto province of Germany.
What matters in the end is how Brussels and Merkel deal with Spain. And while it’s tempting to say that perhaps Brussels, the EU, is the main European problem, the European Union is run exclusively by and for Germany, so that doesn’t work either.
Read full article... Read full article...
Tuesday, September 26, 2017
Backdrop For Gold Today Is As Bullish As It Has Been In A Long Time / Commodities / Gold and Silver 2017
Gold finished sharply higher on Monday, recouping roughly half of last week’s loss, as declines in the U.S. stock market and growing tensions between the U.S. and North Korea lifted prices for the yellow metal to the highest settlement in more than a week.
December gold rose $14, or 1.1%, to settle at $1,311.50 an ounce. Prices, which lost about 2.1% last week, saw their highest finish since Sept. 15, according to FastSet data as reported by Marketwatch.
Read full article... Read full article...
Tuesday, September 26, 2017
EUR/USD and Bearish Formation on Horizon / Currencies / Forex Trading
Earlier today, the euro extended losses against the greenback, which resulted in a breakdown below the lower border of the trend channel. Will this bearish development trigger bigger move to the downside in the coming week?
Read full article... Read full article...
Tuesday, September 26, 2017
$GOLD – Understanding and Dealing with Chaos / Commodities / Gold and Silver 2017
Everything in the PM sector hangs of this one $GOLD chart below, as its foundation.
This is a monthly chart, using the 8 and 21 simple moving averages to generate the BUY and SELL signals. 8 and 21 are Fibonacci numbers.
There are only two BUY signals on this chart: 2001 and 2016, 15 years apart. The last SELL signal was in late 2012 for $GOLD. Do not expect the next SELL signal until at least 2026/27, 10 years from now, two thirds of the way into this new 15 year super cycle.
Read full article... Read full article...
Tuesday, September 26, 2017
Why Left Wing Nuts Get Away with Murder / Politics / US Politics
"Once Upon A Time, In a Galaxy Far, Far Away" the left wing of the political spectrum were the vanguard of opposing the globalist warfare matrix. The anti-war movement changed the world in the 1960's and stopped the bloody carnage in Viet Nam. Judging by today's standards, that world is forgotten and the replacement culture has an attitude that preserving the empire is necessary no matter how trumped up the rationale is to maintain perpetual conflict. Choose the newest enemy; Jihad Islam, Russian nationalism, Chinese supremacy or North Korean belligerence and any dedicated internationalist can spin an argument why fighting the next war is necessary.
Read full article... Read full article...
Tuesday, September 26, 2017
Stocks Are Showing Weakness / Stock-Markets / Stock Market 2017
SPX still doesn’t have a completed impulse, but appears unable to make a credible bounce, either. The final hour may give us guidance. So far there is no overlap with Wave (I at 2496.67), so there is still a good probability of a completed impulse by the end of the day or in the overnight market.
His weekend had a strong triple Pivot in the Cycles Model that may indicate the strength of the rally has been played out. If so, we should see the decline continue. The next support is the 50-day Moving Average and mid-Cycle support at 2468.00-2469.00.
Read full article... Read full article...
Tuesday, September 26, 2017
BREAKING NEWS - United States Galloping Towards Nuclear War with China Proxy North Korea / Politics / North Korea
Virtually every day brings forth BREAKING NEWS of the war of words being played out by the worlds two nuclear armed lunatics, Trump and Jong Un) stumbling there way into a hot war that would soon turn nuclear.
The latest exchange of verbal missiles began with America's Delirious President Trump grandstanding at the UN, threatening that he was prepared to totality destroy North Korea if 'Rocket Man' would not shut his big fat mouth, and stopped threatening the US and it's interests in the region.
Read full article... Read full article...
Monday, September 25, 2017
Here’s Why Turkey Can’t Stay Out Of Syria / Politics / Middle East
By Jacob L. Shapiro, Mauldin Economics : Turkey has tried not to be involved in Syria since the Syrian civil war began.
Instead, it preferred to work diplomatic angles or prop up proxies on the ground. But unseen forces keep pulling Turkey into Syria. Forces that date back to the times of the Byzantines and Ottomans.
It appears that the Turks can no longer resist, and that their security demands a more hands-on approach.
Read full article... Read full article...
Monday, September 25, 2017
Hidden Gems Shows A Foreboding Stock Market Future / Stock-Markets / Stock Market 2017
A quick look at any of the US majors will show most investors that the markets have recently been pushing upward towards new all-time highs. These traditional market instruments can be misleading at times when relating the actual underlying technical and fundamental price activities. Today, we are going to explore some research using our custom index instruments that we use to gauge and relate more of the underlying market price action.
Read full article... Read full article...
Monday, September 25, 2017
A Constitutional Anniversary to Forget / Politics / US Politics
While not a jubilee year, last week marked the 230th anniversary of the US Constitution. Naturally, most of its devotees enthusiastically praised the document which by now is seen on a par with Holy Writ itself. An editorial from Investor’s Business Daily provides an example of such hagiography:
Read full article... Read full article...The Constitution’s beauty is that it not only delineates our rights
as Americans, but expressly limits and defines government’s ability
to interfere in our private lives. This equipoise between citizens’
duties, responsibilities and rights makes it the defining document
or our nation’s glorious freedom.
But America is wonderful largely because of the Constitution and
those who framed it . . . .
What we have is too precious to squander . . . .*
Monday, September 25, 2017
10 Reason You Should Use Ridesharing To Save Money / Personal_Finance / Money Saving
If you’re reading this sentence on a smartphone, then chances are you’ve used a rideshare app before. Over the past couple years, startups like Uber and Lyft have completely disrupted not just the taxi business but the transportation industry in general. Why? Because not only have they made getting a ride much easier, but cheaper as well. And if you’re looking to save, this can be the perfect opportunity. Here’s why:
Read full article... Read full article...
Monday, September 25, 2017
Commodities King Gartman Says Gold Soon Reach $1,400 As Drums of War Grow Louder / Commodities / Gold and Silver 2017
– ‘Commodities King’ Gartman sees $1,400 gold surge in months
– “Gold is the one currency that will do the best of all…”
– Pullback below $1300 “is relatively inconsequential”
– Use gold price weakness to be a buyer “no question”
– Bullish on gold due to central banks and easy monetary policy and gold will be even higher in euro terms
– Gold will be the best of all, as a result of QE and expansionary policies
– Dalio reconfirms belief that ‘gold serves a purpose’ and portfolios should have exposure
– ‘Gold is a diversifying asset’ says Dalio
– Own allocated, segregated gold in Zurich or Singapore
Monday, September 25, 2017
Stock Market Mixed Expectations, Will Stocks Continue Higher? / Stock-Markets / Stock Market 2017
Briefly:
Intraday trade: Our Friday's neutral intraday outlook has proved accurate. The S&P 500 index continued to fluctuate along the level of 2,500, as it remained close to new record high. The market may extend its short-term consolidation again. The support level is relatively close, at the September 12 daily gap up of 2,488.95-2,490.37. Therefore, we still prefer to be out of the market, avoiding low risk/reward ratio trades.
Our intraday outlook remains neutral, and our short-term outlook is bearish, as we expect downward correction. Our medium-term outlook remains bearish:
Read full article... Read full article...