Sunday, May 21, 2017
US Dollar Cycle : Deep Dive / Currencies / US Dollar
By: SurfCity
I thought I would start off this weekend by recapping one of the most important aspects of Walter Bressert’s Cycle Theory. Very simply put, it is that Longer Cycles almost always dominate the shorter Cycles. This is Huge because if you understand where you are in the Longer Cycles, trading the shorter ones becomes much easier.
Is the USD really topping here? This is an extremely importing Cycle call here because if it is, Gold and the broader Commodity Complex may well be ready to become much more bullish going forward. There is no doubt that the USD has been very bullish since 2014 but this post and related charts will provide you with why a trend change maybe upon us.
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Sunday, May 21, 2017
Euro Remains Bullish Above 1.11 / Currencies / Euro
By: Richard_Cox
The EUR/USD experienced major upside moves last week with prices moving forcefully ahead of the psychological mark at 1.10. The moves are significant because the suggest that we are now seeing an end to the previous downtrend that had been in place since June 2016.
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Sunday, May 21, 2017
Stocks Bull Market and Donald Trump's Death Knell / Stock-Markets / Stock Market 2017
By: Clif_Droke
In the minds of many investors, the election victory of Donald J. Trump to the United States Presidency was nothing short of a miracle. Following his shocking victory, expectations were high that Trump would, with the help of Congress, fulfill his promises of tax reform and infrastructure spending. The lifting of the heavy penalties associated with Obamacare was another hope that investors cherished. Many hailed his victory by declaring that it was “morning in America” again. But after only six months since the election, Trump's presidency has hit a potentially fatal obstacle and he now faces the growing possibility of impeachment.
Sunday, May 21, 2017
Bitcoin Breaks the $2,000 Mark as Cryptocurrencies Continue to Explode Higher / Currencies / Bitcoin
By: Jeff_Berwick
Bitcoin has just broken through the $2,000 level according to the CoinDesk Price Index.
Of course, we’ve been talking about it since it was $3 in 2011.
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Sunday, May 21, 2017
Stocks, Commodities and Gold Multi-Market Status / Stock-Markets / Financial Markets 2017
By: Gary_Tanashian
It has now been exactly 10 months since we established 2410 as the measured objective for the S&P 500. In forming a potential double top this week at 2405.77 I’d say we are close enough to call the target in (as we did in February when the first top was made on what we called “peak Trump” day, post-congressional address).
Now, a target is not a stop sign; in this case it was a long-term objective based on a chart pattern, period. It could make me look like the genius I certainly am not, or it could just pause at the target on its way to further upside mania and a potential market blow off. Don’t let ’em baffle you with bullshit, nobody knows which of those, or whatever else may be in store.
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Sunday, May 21, 2017
Stock Market Day Trading Strategies and Brief 20th May 2017 / Stock-Markets / Stock Market 2017
By: Christopher_Quigley
Technically Speaking
1. Technical Summary:
Short Term Trend: Consolidating.
Medium Term Trend: Bullish.
Long Term Trend: Bullish.
28 Day Stochastics: Overbought.
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Saturday, May 20, 2017
DOW Needs to Rally Big or Correction is Next / Stock-Markets / Stock Market 2017
By: Tony_Caldaro
The market started the week at SPX 2391. The market rose on Monday, hit an all-time high on Tuesday at SPX 2406, then started to pullback. On Wednesday the market had a gap down opening, hit SPX 2353 on Thursday, then rallied to end the week at 2382. For the week the SPX/DOW lost 0.40%, and the NDX/NAZ lost 0.60%. Economic reports were mostly positive. On the downtick: the NY FED, housing starts, building permits, and the WLEI. On the uptick: the Philly FED, the NAHB, industrial production, capacity utilization, leading indicators, the Q2 GDP estimate, plus weekly jobless claims declined. Next week’s reports will be highlighted by: Q1 GDP, durable goods, FOMC minutes, and housing.
Saturday, May 20, 2017
Gold Somewhat Ignores US Dollar Weakness / Commodities / Gold and Silver 2017
By: Jordan_Roy_Byrne
The precious metals complex rebounded as expected after becoming very oversold just a few weeks ago. The rebound has been aided by weakness in the US Dollar, which plunged roughly 2% over several days. However, upon further inspection Gold’s rebound has been entirely dollar-centric. Gold has remained weak in real terms and strength in the gold stocks and Silver has been rather muted. In short, the lack of much stronger performance in the face of US Dollar weakness bodes for increasing downside risk over the near term.
Saturday, May 20, 2017
EURUSD reaches DO or DIE moment! / Currencies / Euro
By: Enda_Glynn
My Bias: short in wave 3 blue.
Wave Structure: downward impulse wave 1, 2 blue
Long term wave count: lower in wave 3 blue
Important risk events: EUR: Eurogroup Meetings. USD: FOMC Members Speak.
Saturday, May 20, 2017
How to Get FREE Walkers Crisps Multi-packs! £5 to £28k Pay Packet Promo / Personal_Finance / Freebies and Comps
By: Anika_Walayat
So far we have bought 60 multi-packs of walker’s crisps to try and win an instant cash prize but without any luck so far, as the odds of winning any cash prize are huge. However, all is not lost because you can STILL win something, a FREE walkers crisps multi pack worth at least £1 and upto £2 depending on your local shop prices.
Friday, May 19, 2017
UK BrExit General Election 2017 - Will Opinion Pollsters Finally Get it Right? / ElectionOracle / UK General Election
By: Nadeem_Walayat
As Britain counts down to voting in the general election on June 8th 2017, the opinion pollsters who have badly gotten virtually every major election wrong for at least the past 5 years have been busy putting up a propaganda smoke screen across the mainstream media from the BBC's Newsnight to the broadsheets, peddling propaganda of margins of error of between 2 to 4%, which means that they were right as the election results were within the margin of error. Whilst deliberately forgetting that the margin of error meant the difference between getting the election outcomes RIGHT or VERY BADLY WRONG! Thus making polls commissioned by the mainstream media propaganda machine at the cost of hundreds of millions of pounds WORTHLES! Literally even a coin toss would have proved far more reliable than the opinion polling industry.
Friday, May 19, 2017
Gold Mining Junior Stocks GDXJ 2017 Fundamentals / Commodities / Gold and Silver Stocks 2017
By: Zeal_LLC
The junior gold miners’ stocks suffered a serious thrashing between mid-April and early May. Relentless heavy selling blasted many back down near deep mid-December lows, leaving sentiment in tatters. But traders distracted by weak technicals need to keep their eyes on the fundamental ball. The gold juniors just finished their Q1 earnings season, which was solid. Their low stock prices are disconnected from reality.
Four times a year publicly-traded companies release treasure troves of valuable information in the form of quarterly reports. These are generally due by 45 days after quarter-ends in the US and Canada. They offer true and clear snapshots of what’s really going on operationally, shattering the misconceptions bred by the ever-shifting winds of sentiment. There’s no junior-gold-miner data that is more highly anticipated.
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Friday, May 19, 2017
If China Can Fund Infrastructure With Its Own Credit, So Can We / Politics / Infrastructure
By: Ellen_Brown
May 15th-19th has been designated "National Infrastructure Week" by the US Chambers of Commerce, the American Society of Civil Engineers (ASCE), and over 150 affiliates. Their message: "It's time to rebuild." Ever since ASCE began issuing its "National Infrastructure Report Card" in 1998, the nation has gotten a dismal grade of D or D+. In the meantime, the estimated cost of fixing its infrastructure has gone up from $1.3 trillion to $4.6 trillion.
Friday, May 19, 2017
Stock Market Profiting from the Unexpected News / Stock-Markets / Stock Market 2017
By: Rodney_Johnson
Every weekday morning I roll out of bed just before 5 a.m.I sleepwalk to the kitchen, where my coffee-maker on a timer has just finished brewing, and reach for a much-needed cup. Then I flip on the television, and switch between local news and either CNBC or Bloomberg.
As I hate myself every single day for rising so early to exercise, I take note of the weather, any craziness that happened overnight in the Houston area, and the current trends in futures and interest rates.
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Friday, May 19, 2017
Evidence That Stocks are More Overvalued than Ever / Stock-Markets / Stock Market 2017
By: Harry_Dent
Tuesday morning, the Dow was just 27 points away from 21,000 again!How can anyone believe this is NOT a bubble?!
Nobel Laureate and economist Robert Shiller developed the best valuation indicator I’ve seen. His cyclically adjusted price-earnings ratio is known as the Shiller P/E, or CAPE.
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Friday, May 19, 2017
Here’s Why Trump Won’t Pursue His Pledged Foreign Policy / Politics / GeoPolitics
By: John_Mauldin
BY GEORGE FRIEDMAN : For all the tumult that has defined President Donald Trump’s domestic policy, his foreign policy is relatively stable.
There are some notable differences, but what went on before is pretty much what is going on now—a surprise given the expectations.
Trump promised to disengage from burdensome commitments to other countries, shifting the risks and costs of the security of allies away from the United States.
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Friday, May 19, 2017
Obamacare May Become Zombiecare In 2018 / Politics / Healthcare Sector
By: John_Mauldin
BY PATRICK WATSON : Before the election, few people would have predicted today’s healthcare standoff.
Clinton supporters expected Obamacare would continue with some minor adjustments. Those behind Trump thought Republicans would quickly repeal Obamacare, as repeatedly promised.
Instead, the GOP House (barely) passed a replacement plan that the GOP Senate has little interest in pursuing. Negotiations continue, so we’ll see.
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Friday, May 19, 2017
The End of Reflation? Implications for Gold / Commodities / Gold and Silver 2017
By: Arkadiusz_Sieron
In the previous editions of the Market Overview, we wrote about the reflation trade. We analyzed the important signals of the uptick in economic activity and inflation all over the world, arguing that the upcoming reflation does not look encouraging for the gold bulls. However, we now see signs that reflation is weakening. What happened and what are the implications for the gold market?
As a reminder, reflation started to attract the attention of investors at the end of 2016 and was based on two pillars: 1) Trump’s rally, i.e. rising expectations about the fiscal stimulus provided by the new administration, and 2) accelerating global inflation and economic growth. As a result, interest rates surged, while the price of gold plunged.
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Friday, May 19, 2017
Gold Update…Shaking The Tree / Commodities / Gold and Silver 2017
By: Rambus_Chartology
There is a pattern forming on gold which wasn’t there yesterday. With yesterday’s big move up and no follow through to the upside today there is a potential H&S top building out. Many times I will use a neckline symmetry line which is taken from the neckline and moved up to the top of the left shoulder to show the possible high for the right shoulder. There is another technique I use where I will use a horizontal line from the top of the left shoulder that can sometimes show the height for the right shoulder. Today’s high at 1265 matches the high for the left shoulder. I’ve been showing the possible neckline as a S&R line, but now after yesterday’s move it’s looking more like a possible neckline. The breakout will come into play around the 1220 area which will confirm the H&S top.
Friday, May 19, 2017
Alibaba Stock ( BABA ) Looking for a Pullback / Companies / Company Chart Analysis
By: ElliottWave-Forecast
Alibaba Group Holding Limited (NYSE: BABA) is a Chinese e-commerce company that provides sales services via web portals. It also provides electronic payment services, a shopping search engine and data-centric cloud computing services. Alibaba is one of the largest Internet companies as its online sales & profits surpassed all US retailers (including Walmart, Amazon and eBay) combined in 2015 and it now considered as the world’s largest retailer surpassing Walmart.
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