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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Friday, May 19, 2017
Gold and Silver Trading Alert: New Important Technical Development / Commodities / Gold and Silver 2017
By: P_Radomski_CFA
During yesterday’s session, the USD Index plunged once again and so did the general stock market, while gold rallied over $20 and we see a new major technical development that we’ve been expecting to see for some time now. What’s new and what changed?
Thursday, May 18, 2017
The “Political Coup” Was Just Initiated In Washington D.C.! / Politics / US Politics
By: Chris_Vermeulen
The financial markets have already “priced in” huge tax cuts, reducing red tape regulations and a massive increase in infrastructure spending.
Perhaps, the markets are now believing that the agenda is not going to occur with Al Green asking for Trump impeachment? This could result in a significant downturn for stocks if it were to unfold.
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Thursday, May 18, 2017
Subversion And Constructive Synthesis Of Capitalism And Socialism / Politics / Social Issues
By: Raymond_Matison
In America today there is evidence of long-term subversion undermining our democratic Republic. Often tactics and propaganda are attributed to liberals, conservatives, Democrats or Republicans. Unless we can be more precise in identifying and labeling persons or political parties responsible for this subversion, we will not be able to protect or maintain our Republic. At a minimum, there is a need to review political party current platforms, and to find the source of subversion which dramatically is veering our republic away from its Constitutional origins towards a socialist state.
Thursday, May 18, 2017
Silver: Train Leaving Station Soon! / Commodities / Gold and Silver 2017
By: Gary_Tanashian
Silver prices are rising along the bottom of a 20 year log scale trend channel (shown later). There are no guarantees in a manipulated paper market, such as COMEX silver, but it is possible that silver prices will collapse further, or more likely, move substantially higher, sooner rather than later.
Thursday, May 18, 2017
Here’s The Truth About Russia’s OPEC Crude Oil Cuts / Commodities / Crude Oil
By: John_Mauldin
By Geopolitical Futures : In December 2016, Russia joined OPEC in a pledge to cut oil production by roughly 1.2 million barrels per day.
And for the first quarter of 2017, OPEC largely made good on its pledge. It produced 1.1 million fewer barrels of oil per day in the first quarter of 2017 than it did in the final quarter of 2016.
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Thursday, May 18, 2017
Credit and Volatility Signal That Financial Conditions Are Very Overheated / Stock-Markets / Financial Markets 2017
By: John_Mauldin
BY JARED DILLIAN : Around the summer of 2006, when I was at Lehman Brothers, I started bellyaching in my notes to clients about how the market went up every day.
I am a pretty creative guy, so every day I had very colorful (and irreverent) things to say about how stocks went relentlessly higher and how my life sucked.
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Thursday, May 18, 2017
Another Stock Market "Minsky Moment" or Will the Markets Calm Down? / Stock-Markets / Stock Market 2017
By: Anthony_Cherniawski
Good Morning!
The chart show the best interpretation of yesterday’s decline. The SPX futures declined another 13 points before bouncing early this morning. It has regained about half of the overnight loss. As it stands, this would be an irregular correction, where Wave [c] does not meet the top of Wave [a]. Although unlikely, it is still possible that SPX could bounce back to the 50-day Moving Average at 2369.62.
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Thursday, May 18, 2017
Gold Investment & The Tech Stocks Bubble / Commodities / Gold and Silver 2017
By: GoldCore
by Jan Skoyles, Editor Mark O’Byrne : Tech is the umbrella word for all things fashionable to invest in right now. Take the recent flotation of Snap Inc. (parent company of teen and narcissists’ favourite app SnapChat), everyone wanted in on the $20 billion flotation.
Snap is likely a sign of a tech bubble that will cost a lot of savers and investors huge amounts of money … again.
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Thursday, May 18, 2017
WannaCry Ransomware Virus Is a Globalist False Flag Attack On Bitcoin / Currencies / Bitcoin
By: Jeff_Berwick
Here’s something I’ve been learning. If something innocuous comes out of nowhere and all-of-a-sudden is covered by the mainstream Fake News media as though it is the apocalypse… it’s all planned and done for a reason.
On May 12th, the “WannaCry” ransomware attack was covered widely in the mainstream media, immediately proclaiming it to be the “the worst cyber attack of all time.”
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Thursday, May 18, 2017
Stock Market Blood Bath from the Get-Go / Stock-Markets / Stock Market 2017
By: Harry_Boxer
The stock market indices had an extreme turn-around day today. The day started out with a plunge at the get-go, the futures going sharply lower based on the Trump news, they had a very brief five or ten-minute bounce, and then came down hard and plunged again. By late morning, the market formed bear wedges after rallying back, but could not sustain, and rolled over hard in the afternoon. Late in the afternoon, they formed bear flags, and went even lower. The indices completed a five-wave decline at the end of the day, finishing sharply lower.
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Thursday, May 18, 2017
Euro, Stocks, Gold Momentum Extremes All Round! / 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: ECB President Draghi Speaks. USD: Unemployment Claims, Philly Fed Manufacturing Index.