Friday, April 21, 2017
Volatile Week for Financial ETFs / Stock-Markets / Exchange Traded Funds
By: Nicholas_Kitonyi
Earnings season is around, and it tends to add some volatility back into the market. Now, major banks and financial firms have already reported their earnings, most beat expectations. However, there were also mixed results with financials. Goldman Sachs Group Inc (NYSE: GS) and Morgan Stanley (NYSE: MS) were some notable earnings that surprised the Street. Consequently, this added some volatility to exchange-traded funds (ETFs), such as the Financial Select Sector SPDR Fund (NYSEARCA: XLF) and Vanguard Financials ETF (NYSEARCA: VFH).Read full article... Read full article...
Thursday, April 20, 2017
Gold Miners Intermediate Cycle Top? / Commodities / Gold & Silver Stocks 2017
By: Gary_Savage
The large volume surge in DUST a few days ago was the warning bell that the miners may have topped.
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Thursday, April 20, 2017
Stock Market More Uncertainty As Investors Await Quarterly Earnings Releases / Stock-Markets / Stock Market 2017
By: Paul_Rejczak
Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,410, and profit target at 2,200, S&P 500 index).
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
Thursday, April 20, 2017
An In Depth Look at the Precious Metals Complex / Commodities / Gold and Silver 2017
By: Rambus_Chartology
Before we look at todays charts I would like to thank Sir Plunger for putting on the short oil trade this week while I was recovering from surgery. You won't find a more through and in depth look at oil than what Sir Plunger offered. And wouldn't you know it his timing as usual was impeccable. Oil dropped almost 4% today.
Now lets turn our attention to the sector which many members have a love hate relationship with.
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Thursday, April 20, 2017
The Real Story of China’s Strong First-Quarter Growth / Economics / China Economy
By: Dan_Steinbock
After the solid first quarter performance, the central government may be in the unique position to achieve its growth target - even while tightening.In the first quarter, China’s economy grew 6.9 percent; slightly faster than expected and led by strong expansion at factories. What the first quarter data reflects is solid growth in several fronts.
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Thursday, April 20, 2017
Toward the New Gold-en Era / Commodities / Gold and Silver 2017
By: Dan_Stinson
In the past half a decade, gold prices were fueled by negative rates. Now gold is driven by geopolitical risks, efforts at gold-backed trade and local prices.
Not so long ago, the conventional wisdom was that the continued recovery of the US economy would support rate hikes and thus the strengthening of the US dollar, which would pave way for gold’s further decline.
Thursday, April 20, 2017
3 Types Of Life-Changing Crisis That Make You Wish You Had Some Gold / Commodities / Gold and Silver 2017
By: HAA
Stephen McBride : On November 8, Indian Prime Minister Narendra Modi took to the airwaves to declare that Rs500 and Rs1,000 banknotes—which made up 86% of the currency in circulation—would be invalid effective from midnight. While the policy created chaos at banks, the real story lies elsewhere.
When rumors of a ban on gold spread two weeks later, Indians began rioting. To quell the panic, the Finance Ministry was forced to release a statement saying there was “no plan to restrict gold holdings.”
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Thursday, April 20, 2017
The Last Time This Happened, Gold Rallied 20% / Commodities / Gold and Silver 2017
By: HAA
John Grandits : With much of the price action in gold driven by sentiment and technical analysis, you should keep an eye on the broader trends, even if you consider yourself a buy-and-hold investor.
Traders use technical analysis to predict future market moves based on recent price action. Most of it sounds complicated, but it really boils down to simple math.
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Thursday, April 20, 2017
The Truth is a Dangerous Thing / Politics / Propaganda
By: Andy_Sutton
This time in history might be like no other – or at a minimum is on a much bigger scale. There is more access to information, analysis, and expert opinions than ever. Obviously, everyone claims to be telling ‘the truth’. A few psychopathic individuals notwithstanding, nobody sets out in the business of providing information, then says ‘But we’re going to lie like a rug, 24/7, how about them apples?’. Everyone is telling the truth. The odd thing about all this is that the stories that come out of these ‘truth telling’ outfits couldn’t be further apart from each other. That leaves the average person with a distinct problem – it is up to YOU to find the truth. To seek it, to think it, to try to live it.
Thursday, April 20, 2017
2 Choke Points That Threaten Oil Trade Between Persian Gulf And East Asia / Commodities / Crude Oil
By: John_Mauldin
BY GEORGE FRIEDMAN : The flow of international trade has always been subject to geopolitical risk and conflicts. At all stages of the supply chain, trade inherently faces challenges posed by the geopolitical realities along a given route.
Some routes are more perilous and harder to navigate than others. One such trade route is the maritime path for transporting oil from Persian Gulf exporters to East Asian consumers. This route faces two major choke points that are unavoidable given geographic constraints.
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Wednesday, April 19, 2017
Stock Market Rally May be Complete / Stock-Markets / Stock Market 2017
By: Anthony_Cherniawski
It has become obvious that the higher Cup with Handle formation was not triggering the sell-off that would be expected. Both the daily chart and the 2-hour chart actually show a better position for a clean Cup with Handle pattern with the Lip at 2322.25. The Broadening Wedge remains the same.
SPX appears to have halted its rally at the 50% retracement level. It remains on a sell signal with additional confirmation beneath 2322.25.
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Wednesday, April 19, 2017
Gold’s Next Downside Target Is Around $700… Even if It Breaks Up First / Commodities / Gold and Silver 2017
By: Harry_Dent
Many analysts have been so excited that gold broke to new highs, above $1,262, in late February.I was excited as well, but for a different reason.
I’d forecast that gold could bounce back just above the July 2016 highs of $1,373, to around $1,400 or $1,450.
And ANY bounce, no matter how high it went, would be a good place to get rid of any gold you’re still holding.
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Wednesday, April 19, 2017
The Fed Must Be Reading Our Work / Interest-Rates / US Federal Reserve Bank
By: Rodney_Johnson
It’s too much of a coincidence. Fed officials must be reading our work.OK, they don’t really have to be… but if they don’t, they should.
It’s not that we deserve credit for what comes next at the Fed, but I was glad to read the details last week in the nitty-gritty of the Fed’s minutes of its March meeting. (You would’ve had to have read it there; Fed chair Janet Yellen didn’t talk about it at all in her post-meeting press conference.)
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Wednesday, April 19, 2017
Stock Market to Push Higher? / Stock-Markets / Stock Market 2017
By: Gary_Savage
I suspect the market will be near the all-time highs ahead of the FOMC meeting on May 3rd.
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Wednesday, April 19, 2017
Soothing East Asia's Nerves as Trump's Administration Reaffirms US Power in Asia-Pacific / Politics / US Military
By: STRATFOR
Forecast
- U.S. Vice President Mike Pence's 10-day tour of East Asia will focus primarily on easing uncertainty among U.S. allies about the administration's policies in the region.
- U.S. moves to contain North Korea and compel China toward cooperation will dominate discussions in Seoul and Tokyo, though tension over the Trump administration's trade policies will loom large in both visits.
- Indonesia and Australia will remain wary of joining U.S. initiatives that risk provoking China but also receptive to U.S. efforts to lay the groundwork for more robust defense cooperation.
Wednesday, April 19, 2017
Stock Market Turn-Around Tuesday Closes Negative / Stock-Markets / Stock Market 2017
By: Harry_Boxer
It looks like turn-around Tuesday for the stock market indices today as the markets reversed yesterday, gains for losses, and pretty decent ones, too, but they did come back. The day started out with a gap down, but then a really sharp rally got them to their highs very quickly, within the first thirty minutes. At that point, they came down in a sharp, 3-wave decline, and reached their session lows by midday. An early afternoon rally back got to resistance and backed off late afternoon, and then surged into the close to reach the morning highs, but were unable to get through, and in the last five minutes they backed off.
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Wednesday, April 19, 2017
SPX May be Completing its Corrective Pattern / Stock-Markets / Stock Market 2017
By: Anthony_Cherniawski
Good Morning!
It appears that SPX may be completing a Wave [c] of 2 this morning. This changes the structure somewhat, postponing the top of Wave 2 until today. My original thought that the low at 2328.95 was Wave [b] was because of overlap between the waves. Leading diagonal waves may overlap, so that description is being moved forward.
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Wednesday, April 19, 2017
On the Commemoration of World War I: From Woodrow Wilson to Donald Trump / Politics / US Politics
By: Antonius_Aquinas
It is altogether fitting that the US attack on a Syrian airport, the dropping of a MOAB on defenseless Afghanistan, and the potential outbreak of nuclear war with North Korea have all come in the very month one hundred years earlier that an American president led the nation on its road to empire. President Trump’s aggressive actions and all of America’s previous imperialistic endeavors can ultimately be traced to Woodrow Wilson’s disastrous decision to bring the country into the First World War on April 6, 1917.
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Wednesday, April 19, 2017
Silver Production Has “Huge Decline” In 2nd Largest Producer Peru / Commodities / Gold and Silver 2017
By: GoldCore
– Silver production sees “huge decline” in Peru
– Production -12% in one month in 2nd largest producer
– Silver decline is due to ‘exhaustion of reserves’ in Peru
– GFMS recognise that ‘Peak Silver’ was reached in 2015
– Global silver market had large net supply deficit in 2016
– Silver rallied 13.5% in Q1 in 2017
– Base metal production accounts for 56% of silver mining
– Base metal demand under threat from global economy
– Own financial insurance of silver coins and bars
Wednesday, April 19, 2017
Silver Price Likely To Rise In A Concentrated Manner / Commodities / Gold and Silver 2017
By: Hubert_Moolman
The long-term view of silver is extremely bullish, given that it is one of the most undervalued metals, today. It is evident that ideal economic conditions are present, for silver to rise for many years to come:
- All-time low interest rates, that are about to rise
- Over-valued stock markets
- Fragile international monetary system that is debt-laden to the full.