Tuesday, March 14, 2017
Bitcoin Price Returns To All-Time Highs As Cryptocurrencies Explode Higher / Currencies / Bitcoin
In the wake of the Winklevoss ETF being shot down by the SEC, bitcoin’s price took a major dive of nearly $300, briefly going below $1,000 last Friday.
Now, just a few days later, the price has nearly made a full recovery shooting past $1240 and surpassing, once again, the spot price of gold.
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Tuesday, March 14, 2017
McCain Great £3 Million Prizes Raffle Draws, Cars and Holidays to be Won / Personal_Finance / Freebies and Comps
McCain's have just started a new £3 million promotion, with 30,000 prizes including 10 cars 5,500 holidays, and 5000 burgers! The top prize is apparently to step into the shoes of an Emmerdale TV programme Actor. So find out what needs to be done to easily win 1 of over 30,000 prizes before the promotional packs are withdrawn before the end of April 2017.
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Tuesday, March 14, 2017
Raising the Ides of March US Debt Ceiling Limit / Interest-Rates / US Debt
One of the most played out scenarios in the rarified air of Washington life support is keeping the debt balloon inflating without blowing. Dismissing all the drama from the Kabuki theater that relies upon passing another continuing resolution to raise the debt limit seems to be one of the most reliable predictions that can be made about Congress. Come hell or high water, the borrowing ceiling goes up. So when Mnuchin calls on Congress to raise debt limit as deadline approaches, all seems ready to follow the familiar pattern of kicking the can down the road.
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Tuesday, March 14, 2017
Gold and Silver Commercial Traders Begin to Cover Short Positions / Commodities / Gold and Silver 2017
Does the trend change in the short position of commerical traders signal a bottom for precious metals?
Gold and silver posted a strong start to the year in 2017, despite the December rate hike. This was a repeat of last year, when the December 2015 Federal Reserve rate hike was followed by a massive rally in precious metals. However, both gold and silver have pulled back sharply over the past few weeks. Gold is down $60 or 4.5% to $1,200, while silver is down $1.40 or 7.5% to $17 per ounce.
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Tuesday, March 14, 2017
Stock Market Elliott Wave Target: SPX 2,700 / Stock-Markets / Stock Market 2017
Looking at the bull market advance since 2009, we can see at least two options for counting. The options are that wave 3 ended in May'15 (blue) or wave 3 is ongoing (green).
The late 2015 decline certainly looks like a potential wave 4 except that the high earlier in May that year came with a negative divergence in RSI. Third waves usually have a strong RSI reading (like now).
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Monday, March 13, 2017
Caesar, Turkey and the Netherlands Ides of March / Politics / European Union
I don’t think Holland realized they planned their election on the Ides of March, don’t remember the date or event ever being mentioned when I lived there as a child. That Washington knew what it was doing when back in 2013 it set the end of the latest debt ceiling compromise to March 15 is not likely either. Nor is Janet Yellen deliberately setting the Fed’s ‘next’ rate hike on the date. They may all, in hindsight, wish they had possessed a little more historical knowledge.
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Monday, March 13, 2017
Gold Bear Market Return? / Commodities / Gold and Silver 2017
Technical analyst Jack Chan sets forth data that signals the potential return of a bear market in the precious metals.
A follow up to our last week's special update: COT data has been instrumental in guiding us and helping us navigate market conditions during a bull and bear market. The latest COT data is quite alarming, and has our full attention going forward.
Monday, March 13, 2017
Here's What the Stock Market Could do for the 3rd Time in 17 years / Stock-Markets / Stock Market 2017
The major averages continue to set record highs, which provides further evidence that Wall Street is becoming more complacent with the growing dichotomy between equity prices and the underlying strength of the U.S. economy. When investors view the Total market cap to GDP ratio, it becomes strikingly clear that economic growth has not at all kept pace with booming stock values in the past few years.
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Monday, March 13, 2017
Crude Oil Prices Volatility May Drive Expanded Stock Market Volatility / Commodities / Oil Companies
Last weeks move in Crude Oil, down over 8.8% was triggered by new “Record High” US inventory data and news that OPEC production cuts are near 85% compliance have prompted a breakdown. We have been expecting a breakout move for a few weeks and suspected production would outpace demand, as it has been for many months.
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Monday, March 13, 2017
Digital Gold On The Blockchain – For Now Caveat Emptor / Commodities / Gold and Silver 2017
– Bitcoin surpasses gold price – a psychological and arbitrary headline
– Royal Mint blockchain gold asks you to trust in the UK government
– Royal Canadian Mint and GoldMoney blockchain product asks you to trust in government and the technology, servers, websites etc of the providers
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Monday, March 13, 2017
Why 2017 Can be a Golden Year / Commodities / Gold and Silver 2017
Nandik Barbhaiya writes: The investment landscape is facing significant changes in 2017 on the back of an unpredictable and, at times, chaotic political environment in 2016. The extent of the repercussions of the ‘Leave’ vote in Britain’s EU referendum, the start of Donald Trump’s controversial Presidency, and Marie La Pen’s recent popularity ahead of France’s upcoming elections are all set to make a considerable impact on business and trading worldwide. Here, we look at alternative trading options for 2017 with a focus on gold investment.
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Monday, March 13, 2017
The Number One Reason You Should Own Physical Gold / Commodities / Gold and Silver 2017
105 years ago, American financier J.P. Morgan testified before Congress. When asked if the control of credit involved a control of money, Morgan responded by saying, “Not always. [Credit] is an evidence of banking, but [credit] is not the money itself. Money is gold, and nothing else.”
Although they are not the same, “money” and “credit” are used interchangeably in our vocabulary today. Given the massive credit expansion over the past four decades, understanding the difference between the two has never been more important.
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Monday, March 13, 2017
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Monday, March 13, 2017
The U.S. Economy, Post-Payrolls & Pre-FOMC / Economics / US Economy
This week’s Notes From the Rabbit Hole included a little Payrolls/Wages related economic discussion before moving on to the usual coverage of stock markets, commodities, precious metals, bonds, currencies and related indicators and market internals. With FOMC on tap there will be more data noise directly ahead, but then I expect markets to smooth out into what is looking like a sensible short and intermediate-term plan.
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Monday, March 13, 2017
Stock Market Unconfirmed Intermediate Top / Stock-Markets / Stock Market 2017
Current Position of the Market
SPX Long-term trend: Uptrend continues.
SPX Intermediate trend: Reaching 2400 has brought about a correction, but 2410 is still a remote possibility.
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.
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Monday, March 13, 2017
Is Stagflation Stalking? The Answer Is Critical To Your Financial Health! / Economics / Stagflation
It is important to anticipate whether Stagflation is stalking because the yield curve will start pricing it in which will place equity yields, earnings and PE growth multiples at risk.
We believe there are clear signs of stagflation already occurring and according to the recent Global Fund Manger Survey, many believe if we don't already have elevated Inflation and an emerging period of stagflation, we can soon expect it!
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Monday, March 13, 2017
Peak Freedom - Orwellian CIA Leaking Sieve Vault-7 Hacking Tools / News_Letter / Intelligence Agencies
The Market Oracle Newsletter8th March, 2017 Issue # 6 Vol. 11
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Monday, March 13, 2017
Inflation Tsunami - Supermarkets, Retail Sector Crisis 2017, EU Suicide and Burning Stocks / News_Letter / Retail Sector
The Market Oracle Newsletter5th March, 2017 Issue # 5 Vol. 11
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Monday, March 13, 2017
Trump Stocks Bear Market of 2017 Begins? Shorting the Dow at its Peak! / News_Letter / Stock Market 2017
The Market Oracle Newsletter31st January, 2017 Issue # 4 Vol. 11
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Monday, March 13, 2017
UK House Prices Forecast 2017, President Trump vs the Deep State / News_Letter / UK Housing
The Market Oracle Newsletter15th January, 2017 Issue # 3 Vol. 11
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