Monday, June 19, 2017
US Bonds and Related Market Indicators / Interest-Rates / US Bonds
By: Gary_Tanashian
The June 18 edition of Notes From the Rabbit Hole has a few less stock charts this week in order to ramp up the macro talk, which appeared periodically through the report; but especially in the Precious Metals and Bonds segments. Excerpted from NFTRH 452…
Bonds & Related Indicators (and more macro discussion)
The target for TLT continues to be around 129. Treasury bonds are in bull trends (remember back a few months ago to all the bond hatred in the media). How does an eventual decline in bonds square with what we just noted above regarding Q4 2008? [work done in the preceding Precious Metals segment] Treasury bonds were a wonderfully bullish asset during Armageddon ’08 and who’s to say that an upside blow off may not be coming sooner rather than later amid massively over bullish sentiment? I mean, there is certainly no stop sign at our 129 target. Sentiment, as we are all too aware, can take a long while to manifest in pricing.
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Monday, June 19, 2017
... / Companies / Mobile Technology
By: OilPrice_Com
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Monday, June 19, 2017
Amey Playing Cat and Mouse Game with Sheffield Residents and Tree Campaigners / Local / Sheffield
By: N_Walayat
Amey's £2 billion PFI "Streets Ahead" contract with Sheffield City Council that the people of Sheffield had no say in, apparently involves the cutting down of tens of thousands of Sheffield's biggest and most beautiful trees. Whilst some of the trees do need to go i.e. because of disease, but most of the trees are apparently being cut down so as to avoid annual 'maintenance' costs. That and potential for profit given that the wood from a large trees could be worth several thousands of pounds.
Monday, June 19, 2017
US-China Trade amid America’s New Uncertainty / Politics / China US Conflict
By: Dan_Steinbock
As the White House is preparing to a political war for its survival, the Trump-Xi 100 day plan should overcome long-term pressures on US-China ties.After the two-day summit at Mar-a-Lago, the US and China announced a 100-day plan to improve strained trade ties and boost cooperation between two nations. Soon thereafter, the US Department of Justice appointed Robert Mueller, the former director of the FBI (2001-13) as special counsel overseeing the investigation into the alleged Russian interference in the 2016 elections.
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Monday, June 19, 2017
Trump White House Under Siege / Politics / US Politics
By: Dan_Steinbock
Washington is planning to extend sanctions against Russia, once again. Meanwhile, the Trump administration is getting ready to cope with a special counsel’s investigation which seems to focus as much on Trump as Russia.
Last Wednesday, Secretary of State Rex Tillerson warned that Congress should not pass any legislation that would undercut "constructive dialogue" with Russia. Yet, the Senate voted 97-2 to advance a bipartisan agreement to launch new financial penalties on Russia and to let the Congress intervene before President Trump can lift sanctions. Afterwards, Trump tweeted that he is the subject of the “single greatest WITCH HUNT in American political history,” and one that he said is being led by “some very bad and conflicted people.”
Monday, June 19, 2017
Positive Stock Market Expectations, But Will Uptrend Continue? / Stock-Markets / Stock Market 2017
By: Paul_Rejczak
Our intraday outlook is bearish, and our short-term outlook is bearish. Our medium-term outlook remains neutral, following S&P 500 index breakout above last year's all-time high:
Intraday outlook (next 24 hours): bearish
Short-term outlook (next 1-2 weeks): bearish
Medium-term outlook (next 1-3 months): neutral
Long-term outlook (next year): neutral
Monday, June 19, 2017
Gold Proprietary Cycle Indicator Remains Down / Commodities / Gold and Silver 2017
By: The_Gold_Report
Technical analyst Jack Chan charts the latest moves in the gold and silver markets, noting signs that gold stocks are near the end of their corrective consolidation.
Our proprietary cycle indicator is down.
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Monday, June 19, 2017
USDJPY Broke Above Trend Line Resistance / Currencies / Forex Trading
By: Franco_Shao
The USDJPY pair failed to break below the April 17 low of 108.13 and recently moved above the bearish trend line from 111.71 to 110.81 at 110.15 on its 4-hour chart, suggesting that the bearish movement from the May 11 high of 114.36 had completed at 108.81 already. As discussed before, as long as 108.13 support holds, the fall from 114.36 would possibly be correction of the uptrend from 108.13, and another rise to retest the resistance of the March 10 high of 115.50 is still possible after the correction.
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Sunday, June 18, 2017
Walkers Pay Packet Promo Win After 540 Crisp Packets? / Personal_Finance / Freebies and Comps
By: Anika_Walayat
Were into the final month of Walkers pay packet promotion, and has anyone won anything? Lets see if we finally win something, even a fiver after another walkers crisps buying trip to this time TESCO! Will buying from Tesco make any difference to our lack of winnings so fare? Lets find out what the chances are after 90 multi-packs and 540 packets of crisp packets later....
Sunday, June 18, 2017
Stock Market Higher Highs Still Likely / Stock-Markets / Stock Market 2017
By: Andre_Gratian
Current Position of the Market
SPX Long-term trend: Uptrend continues with a serious loss of upside momentum in weekly indicators.
SPX Intermediate trend: Correction over. May be heading for about 2500, or fall slightly short of it.
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 discuss longer market trends.
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Sunday, June 18, 2017
The US Government Clamps Down on Ability of Americans To Purchase Bitcoin / Currencies / Bitcoin
By: Jeff_Berwick
You have to feel sorry for Americans. They are some of the most financially enslaved people in the world.
The bankrupt US government has been instituting capital controls for years now and have ensured that Americans can’t open a bank account nor even a bitcoin exchange account outside of the US through things like the Foreign Account Tax Compliance Act (FATCA) and just outright threatening to attack any bank or bitcoin exchange in the world who accepts Americans as clients.
This leaves Americans in the “land of the free” with very few options for bitcoin exchanges.
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Sunday, June 18, 2017
NDX/NAZ Continue downward pressure on the US Stock Market / Stock-Markets / Stock Market 2017
By: Tony_Caldaro
The week started at SPX 2432. After a decline to SPX 2420 on Monday the market rallied to 2444 by Wednesday. The market dropped to SPX 2419 on Thursday, then rallied to 2433 to end the week. For the week the SPX/DOW gained 0.3%, and the NDX/NAZ lost 1.0%. Economic reports continue to be weak. On the downtick: retail sales, the CPI, business inventories, import prices, the Philly FED, capacity utilization, the NAHB, housing starts, building permits, consumer sentiment, the Q2 GDP estimate, the WLEI, and the budget deficit widened. On the uptick: the NY FED and jobless claims improved. Next week’s reports will be highlighted by leading indicators and more housing.
Sunday, June 18, 2017
Return of the Gold Bear? / Commodities / Gold and Silver 2017
By: Jordan_Roy_Byrne
It was exactly one month ago we discussed our posture as a “bearish Gold bull.”
The gold mining sector hit a historic low nearly 18 months ago but this new cycle has struggled to gain traction as metals prices have stagnated while the stock market and the US Dollar have trended higher. Unfortunately recent technical and fundamental developments argue that precious metals could come under serious pressure in the weeks and months ahead.
First let me start with Gold’s fundamentals, which turned bearish a few months ago and could remain so through the fall. As we have argued, Gold is inversely correlated to real interest rates. Gold rises when real rates fall and Gold falls when real rates rise.
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Sunday, June 18, 2017
Are Sheffield's High Rise Tower Blocks Safe? Grenfell Cladding Fire Disaster! / Housing-Market / UK Housing
By: N_Walayat
The residents Grenfell Tower have paid the heavy price for the cladding refurbishment craze that has been sweeping Britain for the past decade. One of 30 to 50 year old social housing tower blocks, many of which that should have been demolished but instead are being dolled up with cladding and insulation to reduce energy costs to make them externally more appealing to both residents, visitors and most importantly nearby affluent areas as was the case with Grenfell Tower, a pocket of social housing in Kensington, probably the most affluent area of Britain.
Saturday, June 17, 2017
Globalist Takeover Of The Internet Moves Into Overdrive / Politics / Internet
By: Jeff_Berwick
In today’s world, with statism and big government ideas pounded into most people via 12 years of government indoctrination camps and mainstream media glorifying government constantly, people have a hard time wondering what life would be like in a free world without massive communist style central planning agencies extorting the entire population.
Until now, though, there has been one shining example of anarchy. The internet.
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Saturday, June 17, 2017
Starbucks (SBUX): Still Hot or... On Ice? / Companies / Company Chart Analysis
By: EWI
Dear Investor,
Back in February, our friends at Elliott Wave International shared a lesson with subscribers that included a "very bullish chart pattern" in Starbucks (SBUX) -- ahead of the 3-month 10% rally.
Now, they've just posted a new video explaining the SBUX opportunity and preparing you for what's next.
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Saturday, June 17, 2017
Here Comes Quantitative Tightening / Interest-Rates / US Interest Rates
By: Peter_Schiff
All of a sudden the Fed got a little tougher. Perhaps the success of the hit movie Wonder Woman has inspired Fed Chairwoman Janet Yellen to discard her prior timidity to show us how much monetary muscle she can flex when the time comes for action.
Although the Fed's decision this week to raise interest rates by 25 basis points was widely expected, the surprise came in how the medicine was administered. Most observers had expected a "dovish" hike in which a slight tightening would be accompanied by an abundance of caution, exhaustive analysis of downside risks, and assurances that the Fed would think twice before proceeding any farther. But that's not what happened. Instead Yellen adopted what should be viewed as the most hawkish policy stance of her chairmanship.
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Saturday, June 17, 2017
Crazy Charging Stocks Bull Market Random Thoughts / Stock-Markets / Stock Market 2017
By: Sol_Palha
In the sphere of thought, absurdity and perversity remain the masters of the world, and their dominion is suspended only for brief periods. Arthur Schopenhauer
The proverbial question for many years has always been; when will this stock market bull end? By every measure of logic and or common sense, this bull market should have crashed years ago. However, it hasn't, and much to the angst of many professionals continued its march upwards against all the odds. We would like to stop here and state that this market is now very close to trading in the extremely overbought ranges. A market can trade in the overbought ranges for an extended period. In this instance, we analysed monthly charts, where each bar represents a month’s worth of data. Historically, a market has experienced a correction within 5-10 months from the occurrence of this event. As of yet, the markets are not trading in the extremely overbought ranges on the monthly charts, but they are very close to moving into this zone.
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Saturday, June 17, 2017
Reflation, Deflation and Gold / Commodities / Gold and Silver 2017
By: Arkadiusz_Sieron
One of the most important economic debate today is whether the economy will experience reflation or deflation (or low inflation) in the upcoming months. Has the recent reflation been only a temporary jump? Or has it marked the beginning of a new trend? Is the global economy accelerating or are we heading into the next recession? It goes without saying that it is a key investment issue because of the implications for different asset classes, including the precious metals. Let’s try to outline the macroeconomic outlook.
Saturday, June 17, 2017
Here’s The Case For An Upside Risk In The Global Economy / Economics / Global Economy
By: John_Mauldin
One of the true riddles in the economic world today is a steady drop in total global productivity over the last few decades. That’s in spite of the growing use of computers, robotics, and artificial intelligence.
In theory, productivity should have gone up, but it didn’t.
Professor and Nobel laureate Robert Gordon and others have foreseen that the GDP growth will decline to less than 1%, and they have all sorts of data to back up their claim.
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