Monday, May 15, 2017

Trump Rally or Geopolitical Meltdown: Currency Management for Dollar Risk / Currencies / US Dollar

By: Submissions

The dollar index, which measures the strength of the U.S. currency against a basket of other major currencies, hit a 14-year high on January 3^rd of this year. The USD’s reinvigorated bull run after Donald Trump was elected as Barrack Obama’s successor as President of the U.S.A, on expectations for major infrastructure spending and tax cuts during his mandate, has featured prominently in the news. However, the U.S. dollar has more quietly been on an extended rally for a few years now and despite its worst January in 30 years since that early post-New Year peak, many analysts expect that to continue over 2017.

Monday, May 15, 2017

The Chart No Stocks Bull Wants to See / Stock-Markets / Stock Market 2017

By: Graham_Summers

If you are a stock bull, congratulations, you’ve unwittingly bought the market based on abject currency manipulation and nothing else.

Stocks have been propped up via abject manipulation of the $USD/ Yen pair and nothing else.  The two are been moving lockstop via one of the greatest market rigs in a history: a 10-day period in which stocks refused to move even 0.2%.

Monday, May 15, 2017

The Fed’s Massive Debt Bubble in Picture Form / Interest-Rates / US Debt

By: Graham_Summers

As we’ve been outlining over the last few weeks, the auto-loan industry is increasingly looking like Subprime 2.0: the needle that will pop the credit bubble.

Since 2009, roughly 1/3 of all new auto-loans have been subprime. That in of itself is bad, but we are now discovering that the industry in general has a problem with fraud (shades of the Housing Bubble) as well.

Monday, May 15, 2017

The Russian Hacking Fiasco / Politics / US Presidential Election 2016

By: Mike_Whitney

There’s no proof that Russia hacked the US elections.

There’s no proof that Russian officials or Russian agents colluded with members of the Trump campaign.

There’s no proof that Russia provided material support of any kind for the Trump campaign or that Russian agents hacked Hillary Clinton’s emails or that Russian officials provided Wikileaks with emails that were intended to sabotage Hillary’s chances to win the election.

Monday, May 15, 2017

Euro Tailwinds Negative for the US Dollar, Positive for Precious Metals / Currencies / Euro

By: Donald_W_Dony

The election of Emmanuel Macron as the next president of France has only added to the on-going strength of France's CAC 40 Index and, by extension, the Euro.

The election of Macron and the defeat of the protectionist Marine sends a positive message to the common currency.

Monday, May 15, 2017

A Shallow Stock Market Correction? / Stock-Markets / Stock Market 2017

By: Andre_Gratian

Current Position of the Market

SPX Long-term trend:  Uptrend continues.

SPX Intermediate trend:  The correction from 2400 on 3/08 continues, possibly as the top of the B-wave.

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.

Sunday, May 14, 2017

Trump Administration Shakeup Coming? / Politics / US Politics

By: Stephen_Lendman

The world’s most powerful position can be its most lonely, frustrating, unrewarding and dangerous when US dark forces oppose the chief executive’s agenda, key parts thereof - or if the incumbent is perceived to be too independent.

The “mess” Trump said he inherited is America’s debauched system, its ruthlessness, its war on humanity at home and abroad, its deep state power, presidents either serving its interests or else.

Sunday, May 14, 2017

Revving Up War on Trump, Risks of Coup d’etat / Politics / US Politics

By: Stephen_Lendman

Instead of criticizing him for the right reasons, media scoundrels bash him for the wrong ones.

Dark forces in Washington want him weakened, delegitimized, ousted, and replaced by neocon Pence, an easily controlled establishment figure, their sinister agenda in good hands with him as president.

Sunday, May 14, 2017

Bitcycles - Does BitCoin Have Cycles? / Currencies / Bitcoin

By: SurfCity

Not sure if anyone has been following Bitcoin lately but it tracking the Price and Volume action over the last 6 months has been fascinating.

Here are some charts (one and two year charts of GBTC, (the BitCoin Trust) along with some other links. Sure looks like the recent Parabola cracked late last week so based on the chart, we may see a buying opportunity once RSI drops to the 40s or 30s…

Sunday, May 14, 2017

War on Bitcoin - German Central Bank Warns Not To Use Bitcoin / Currencies / Bitcoin

By: Jeff_Berwick

Central banking, which is a tenet of communism and a scheme to impoverish the many to benefit a few, is one of the evilest, most pernicious and rapacious entities on Earth.

So, when a member of the German central bank, Bundesbank, warned against buying bitcoin I almost choked on my wiener schnitzel.

Having a central bank warn against buying bitcoin is like a rapist warning you that sex with your spouse isn’t as exciting as when he rapes you.

Sunday, May 14, 2017

US Economy End Game On? / Economics / US Economy

By: Andy_Sutton

For many years now, thousands of bloggers, writers, and such have chronicled the debacle that is the USEconomy. It is a joke. That fact has been well-established. We can liken it to a cancer. Not every section is influenced in the same manner or degree of severity, but all areas are affected somehow. This publication has struggled to stay firmly on the economic side of the fence and not delve into politics – especially the personal type of politics where Mr. X is the bad guy, but Mr. Y is the good guy. We have, however, entered the arena of geopolitics or the politics of nation vs. nation on many occasions because this is where the arena of battle happens to be.

Sunday, May 14, 2017

This first-of-its-kind marijuana company is poised to explode / Companies / Cannabis

By: WallStreetNation

Sunday, May 14, 2017

Weighing the Probabilities for EURUSD GOLD and the DOW / Stock-Markets / Financial Markets 2017

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: G7 Meetings. USD: Empire State Manufacturing Index,

Sunday, May 14, 2017

Weston Park Summer Fayre - Sheffield - Sunday 21st May 2017 / Local / Sheffield

By: Anika_Walayat

Don't forget folks that Sheffield will be holding it's annual Weston Park Summer Fayre on Sunday 21st of May 2017. That's just a week or less from now!

The fair or fayre has been running for a good 20 years that we have attended several times over the years. Lots of family fun stuff to do including rides, shows, food stalls and more. And best of all Entry is FREE! The fayre starts at 11am and ends at 5pm. And if the weather turns out to be not so good you can always pop into the Museum.

Saturday, May 13, 2017

US SPX Stocks Bull Market Continues / Stock-Markets / Stock Market 2017

By: Tony_Caldaro

The SPX started the week at 2399. After a higher open on Monday and Tuesday the SPX made a new all-time high at 2404. It then pulled back to SPX 2382 before ending the week at 2391. For the week, the SPX/DOW lost 0.45% and the NDX/NAZ gained 0.50%. Economic reports for the week were mostly positive. On the downtick: the WLEI and the Q2 GDP estimate. On the uptick: wholesale/business inventories, export/import prices, the CPI/PPI, retail sales, consumer sentiment, plus weekly jobless claims and the budget improved. Next week’s economic highlights include: industrial production, the NY/Philly FED, and housing. Best to your week!

Saturday, May 13, 2017

MR ROBOT NHS Cyber Attack Hack - Why Israel, NSA, CIA and GCHQ are Culpable / Politics / Cyber Crime

By: Nadeem_Walayat

Near 1/3rd of Britain's healthcare system was SHUTDOWN Friday due to being hack attacked, data encrypted by ransomware known as WannaCry demanding $300 per infected machine under threat of all data being lost. The primary reason why this attack was able to take down Britains healthcare system so easily is because it is mostly running on the out of date operating systems such as XP that are no longer being maintained by Microsoft. Which means that Microsoft has not been releasing patches to newly discovered bugs, exploits and threats for many years, so with each passing year the probability for an attack increases exponentially.

Saturday, May 13, 2017

The US And Turkey Debate Approach To Islamic State / Politics / Taxes

By: John_Mauldin

BY GEORGE FRIEDMAN AND JACOB L. SHAPRIO : Two things happened in Syria recently that went under the radar.

First, US-backed Syrian Democratic Forces (SDF) claimed to have ousted Islamic State (IS) fighters from the last IS-controlled districts in Tabqa. This is a town 25 miles west of the IS’s de facto capital, Raqqa. According to the Syrian Kurdish Hawar News Agency, IS fighters are now besieged at the Tabqa Dam outside the town.

Saturday, May 13, 2017

Trump Deficit Spending Will Stop Tax Reform / Politics / Taxes

By: John_Mauldin

BY PATRICK WATSON : Many people still assume a big tax cut is coming. I think we won’t get any tax cut at all—but if we do, it will cause another problem.

In other words, we’re going to lose either way.

Friday, May 12, 2017

GDX Gold Mining Stocks’ Q1’17 Fundamentals / Commodities / Gold and Silver Stocks 2017

By: Zeal_LLC

The gold miners’ stocks have been slammed by a sharp gold pullback in recent weeks, spawning today’s bearish sentiment.  Traders often get caught up in the emotional swings generated by this volatile sector.  But once a quarter earnings season arrives, revealing gold mining’s hard fundamental realities which dispel the obscuring sentiment fogs.  The major gold miners’ profitability actually just exploded higher in Q1!

Four times a year publicly-traded companies release treasure troves of valuable information in the form of quarterly reports.  Companies trading in the States are required to file 10-Qs with the US Securities and Exchange Commission by 45 calendar days after quarter-ends.  Canadian companies have similar requirements.  Some companies in other countries with half-year reporting instead of quarterly even follow suit.

Friday, May 12, 2017

Will Crude Oil Stocks Breaks above Medium-term Resistance Line? / Commodities / Crude Oil

By: Nadia_Simmons

In recent weeks crude oil came back below the barrier of $50, which triggered declines and resulted in a drop to almost six-month lows. Despite this move, oil bulls pushed the commodity higher, which resulted in an invalidation of the breakdowns under important support levels. What happened at the same time with oil stocks? Will we see higher values of the XOI in the coming weeks?

Let’s jump right into charts (chart courtesy of http://stockcharts.com) and find out what can we infer from them about future moves.