Friday, March 17, 2017
Janet Yellen Just Popped the Stock Market Bubble / Stock-Markets / Stock Market 2017
By: Graham_Summers
The Fed hiked rates for the third time in eleven years.
In so doing it has confirmed what many have long suspected: that the only thing that matters to the Fed is stock market levels.
The Fed certainly doesn’t care about GDP growth. If it did, it would be evident that now is NOT the time to be hiking rates.
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Friday, March 17, 2017
Financial Crisis, Steve Eisman: Smart, Lucky, Abrasive & Now One Of Them / Stock-Markets / Financial Crisis 2017
By: James_Quinn
I loved Michael Lewis’ book – The Big Short – about the 2008 Wall Street created global financial catastrophe, that is still impacting the little guys on Main Street eight years after it was supposedly resolved by Paulson, Bernanke and Obama. I even wrote an article about it called The Big Short: How Wall Street Destroyed Main Street. I also loved one of the main characters in the book – Frontpoint Partners hedge fund manager Steve Eisman – a foul mouthed, highly skeptical, open minded guy who figured out the fraudulent subprime mortgage scheme and shorted the crap out of the derivatives backing the fraud, making hundreds of millions in the process.
Friday, March 17, 2017
Front Seat In Shanghai China Gold Market: Jig Is Up / Commodities / Gold and Silver 2017
By: Jim_Willie_CB
Something big is afoot in the Shanghai Gold market. It seems that we are at the door of the RESET finally, with China being betrayed by the USGovt and USFed in concerted collusion. The attempt to reduce the USDollar while maintaining ultra-low bond yields seems the final straw. The inference is made that the jig is up finally, and a significant turning point is upon us.
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Friday, March 17, 2017
Gold Cup – Horse Racing’s Greatest Show, Gambling and ‘Going for Gold’ / Commodities / Gold and Silver 2017
By: GoldCore
– Gold Cup at Cheltenham – Most important event on horse racing calendar
– Gold Cup trophy contains 10 ounces of gold
– Today’s prize is worth over £9,000 in gold terms
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Friday, March 17, 2017
Trader Education Week - Free Event to Help You Learn to Spot Trading Opportunities / InvestorEducation / Learn to Trade
By: EWI
Dear Trader,
You have an opportunity to spend the next week learning how you can spot high-confidence trade setups in the charts you follow every day.
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Friday, March 17, 2017
$1.4 Trillion of SPX Notionals Due to Expire / Stock-Markets / Stock Market 2017
By: Anthony_Cherniawski
SPX futures are flat going into Quad Witching options expiration. The action is likely to begin in the final minutes before the market opens as traders square away their positions.
ZeroHedge reports, “A quiet start to today's quad-witching St. Patrick's day, with European stocks mixed, Asian shares and U.S. index futures (-0.1%) little changed ahead of industrial production data with just Tiffany's set to report earnings.”
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Friday, March 17, 2017
European Elections and Gold / Commodities / Gold and Silver 2017
By: Arkadiusz_Sieron
The most commonly cited bullish arguments in favor of gold right now are the problems faced by the Old Continent, mainly the elections in certain countries. So let’s analyze them individually to consider their potential impact on the gold market.
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Friday, March 17, 2017
Preserving Order Amid Change in NAFTA, U.S. Sovereignty v. WTO / Economics / Global Economy
By: STRATFOR
By Reva Goujon and Matthew Bey : It took more than a decade and three presidencies, from Ronald Reagan to Bill Clinton, to conceive and craft the North American Free Trade Agreement. Will a single presidency manage to undo the process of North American integration? While the risk is real, the reality may be less dramatic.
Friday, March 17, 2017
US Government Hits Its Debt Target (Ceiling) Again As Trump Has No Plan To Reduce Government / Interest-Rates / US Debt
By: Jeff_Berwick
Many people fell for Donald Trump’s pre-election promises, but we warned there would be no major changes made and that Trump was an elite insider.
How right we were.
Here was a list of his biggest promises and how he has already backtracked on all of them:
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Friday, March 17, 2017
3 Maps That Explain Why Syria Raqqa Battle Will Drag On / Politics / ISIS Islamic State
By: STRATFOR
BY GEORGE FRIEDMAN AND ERIC CZULEGER : The United States, Turkey, and Russia have deployed forces to fight against the Islamic State in a run-up to the final battle for Raqqa. But no one has made a definitive move.
We’ve touched on Syria before, but this is because the battle for the ISIS heartland is complicated by geography and conflicting interests of regional and international actors.
These three maps show the complexity of this battle and why it will be a marathon rather than a sprint.
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Thursday, March 16, 2017
Crude Oil Price Outlook 2017 - Video / Commodities / Crude Oil
By: Nadeem_Walayat
My crude oil in-depth analysis and concluding trend forecast for 2016 proved remarkably accurate, and so I get a lot of comments requesting a similar exercise for 2017. However my analysis has so far not lead me in the direction of the oil price, nevertheless my recent analysis on the SNP's latest call for a Scottish independence in an attempt at subverting BrExit, that eventually aim to convert into a video did include a brief look at the most probable prospects for the crude oil price for 2017 as being a significant factor with regards forecasting the outcome of the Scottish second referendum.
Thursday, March 16, 2017
Stock Market Resume Uptrend Or Correct Now? / Stock-Markets / Stock Market 2017
By: Gary_Tanashian
Call Me Boring, But… Those who don’t like my writing style may already call me boring (or worse), but as far as stock holdings go I willingly take on that description. If you’re looking for words about yesterday’s FOMC meeting, you won’t find them here. There are plenty of people picking that thing apart and trying to make chicken salad (news) out of chicken shit (a non-event).
I am not going to go on about the precious metals’ big rip yesterday because that is for casino patrons to get excited about. I’ve expected the sector to bounce from oversold conditions. When it takes out real upside parameters (that NFTRH will surely manage) we’ll amp up the hysterics (not really).
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Thursday, March 16, 2017
Dutch and French Electons - Winners are Losers and Left is Right / Politics / European Union
By: Raul_I_Meijer
The Dutch elections on Wednesday have provided a whole bunch of Orwellian narratives. PM Mark Rutte’s right wing VVD party, actually the ‘business’ -or should we say ‘rent-seekers’ in 2017- party, who lost some 20% of the seats they had obtained in the previous parliamentary election in November 2012, down from 41 to 33 seats, is declared the big winner. While Geert Wilders’ very right wing party, PVV, won 25% more seats -it went from 16 to 20- and is the big loser.
Moreover, Rutte’s coalition partner, labor PvdA, gave up 29 out of 38 seats to end up with just 9. That’s a loss of over 75%. Together, the coalition partners went from 79 seats in the 2012 election to 42 in 2017. That’s an almost 50% less. Not that it could prevent Rutte from proudly declaring: “We want to stick to the course we have – safe and stable and prosperous..” Makes you wonder who the ‘we’ are that he’s talking about.
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Thursday, March 16, 2017
The Straddle Trade Stock Market Brief / Stock-Markets / Stock Market 2017
By: Christopher_Quigley
Day Trade the News with Straddle Trades.
As part of my trading system I have 7 day trading strategies that I utilise. One such strategy employed is the straddle. This strategy I use to: “trade the news”. (I list all the other 6 strategies below for review. Over the next few months I hope to explain each in greater detail and provide examples of their technical set-up and actual execution).
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Thursday, March 16, 2017
Red States Have Had Their Say… It’s Now the Blue States’ Turn / Politics / US Politics
By: Harry_Dent
We’ve not seen this level of political polarization since the Civil War. And it’s not unique to the U.S. It’s happening around the world… a backlash against globalization.
The red states scored a massive victory when President Donald Trump won against the odds. Six states switched from borderline blue to borderline red during that election.
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Thursday, March 16, 2017
It’s Time to Stop Putting a Patch on the Euro / Currencies / Euro
By: Rodney_Johnson
Andreas Georgiou can’t catch a break.The Greek statistician moved back to his home country in 2010, at age 50, to help right the financial ship. He left Washington, where he had spent 21 years working for the International Monetary Fund, to take over the agency that reports Greece’s financial health.
Part of the problem with Greece is that no one knows exactly how big their problems are, since the numbers weren’t exactly accurate.
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Thursday, March 16, 2017
Gold Up 1.8%, Silver Up 2.6% After Dovish Fed Signals Slow Interest Rate Rises / Commodities / Gold and Silver 2017
By: GoldCore
– Gold up 1.8%, silver up 2.6% – Fed signals slow rate rises
– Dollar sells off as Fed raises 0.25% to target range of 0.75 percent to 1 percent on inflation outlook and “ebullient” stocks
– Gold’s biggest 1 day percentage gain since September 2016
– Fed raises rates for only the third time since crisis
– Fade out Fed “jibber jabber” and focus on still ultra low rates (see chart)
– Rising rates bullish for gold as seen in 1970s and 2003 to 2007 (see table)
– Silver rose 26% in 2003, 14% in 2004, 29% in 2005 and 46.6% in 2006
Thursday, March 16, 2017
Stocks Get Close To Record High Again As Fed Hikes Interest Rates / 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, March 16, 2017
Scotland Second Independence Referendum War - SNP Determined to Destroy the UK / Politics / BrExit
By: Nadeem_Walayat
In the run up to Scotland's September 2014 Independence Referendum, the Scottish Nationalists from Alex Salmond to Nichola Sturgeon down promised that they would abide by the results of the referendum, declaring that it was at least a once in a generation decision if not once in a life time decision. So here's a reminder of why the SNP cannot be trusted who blindly only see Independence as the answer to every question, and thus remain fanatically determined to destroy the United Kingdom at every opportunity.
Thursday, March 16, 2017
Trump’s Infrastructure Boondoggle / Politics / Infrastructure
By: Mike_Whitney
Donald Trump’s $1 trillion infrastructure plan is not an infrastructure plan and it won’t put $1 trillion of fiscal stimulus into the economy. It’s basically a scheme for handing over public assets to private corporations that will extract maximum profits via user fees and tolls. Because the plan is essentially a boondoggle, it will not lift the economy out of the doldrums, increase activity or boost growth. Quite the contrary. When the details of how the program is going to be implemented are announced, public confidence in the Trump administration is going to wither and stock prices are going to plunge. This scenario cannot be avoided because the penny-pinching conservatives in the House and Senate have already said that they won’t support any plan that is not “revenue neutral” which means that any real $1 trillion spending package is a dead letter. Thus, it’s only a matter of time before the Trump’s plan is exposed as a fraud and the sh** hits the fan.