Monday, February 13, 2017
Is the UK An Economy Built on Debt? / Interest-Rates / UK Debt
....
Monday, February 13, 2017
Stock Market VIX Cycles set to Explode in March/April 2017 – Part 2 / Stock-Markets / Stock Market 2017
Previously, I authored a “Part 1” of this article regarding my analysis of the VIX cycles. I sincerely hope my readers enjoyed the analysis and I hope it opened up a few questions regarding the potential moves in the US and global markets. Today, we will delve deeper into the concept of the VIX cycle patterns that I’ve identified and use common technical analysis concepts to attempt to identify price target levels as well as support and resistance that may become important in the immediate future.
Read full article... Read full article...
Monday, February 13, 2017
Reinventing the Global Economy Is the Only Way Out / Economics / Global Economy
As I’ve written previously, central bankers received a lot of criticism over the last year or two as the global economy has stubbornly refused to recover from the Great Recession at anywhere near the rate of past post-recession growth cycles.
Economics has come under fire along with other “establishment” institutions that are perceived as uncaring and out of touch. The criticism grew more intense—and more effective in the past year as Brexit and then the Trump victory occurred.
Read full article... Read full article...
Monday, February 13, 2017
Is the Gold Silver Ratio Predictive? / Commodities / Gold and Silver 2017
Gold Silver Ratio
One aspect of the precious metals market today that I like is the Gold Silver Ratio. It appears to have topped, right along with the 2016 gold bottom, and for all gold bull followers out there this is certainly a welcomed development. Precious metals bear markets always hit silver hard, while bull markets always see Silver outperform gold. As a result, the Gold Silver Ratio rises during bear markets and then falls during bull markets.
Read full article... Read full article...
Monday, February 13, 2017
Stocks At Record Highs - Will Uptrend Accelerate? / Stock-Markets / Stock Market 2017
Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,330, and profit target at 2,150, S&P 500 index).
Our intraday outlook remains 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
Monday, February 13, 2017
US Dollar: 'Rumors of My Death are Greatly Exaggerated' / Currencies / US Dollar
Today I would like to update the US dollar as its been testing critical support since breaking out from the nearly 2 year horizontal trading range in early November of last year. The daily line chart shows there was a nice clean backtest about a month later to the top rail which looked like breaking out and backtesting process was complete. After a short rally and making a higher high the US dollar declined once more to the top rail causing a lot of uncertainty for many traders. After a slight breach of the top rail the US dollar is now trading back above that very important trendline. So far at this point there is nothing to conclude the bull market that started in 2011 is over at least accordingly to the daily line chart.
Read full article... Read full article...
Monday, February 13, 2017
Is This The Top Commodity Play For 2017? / Commodities / Lithium
The sweetest spot in the Lithium rush is now definitively Chile: It’s the world’s biggest venue, and it’s about to explode as Tesla flips the switch on its battery gigafactory, Chinese-Korean investors prepare to drop $2 billion on a new Chilean gigafactory, and the government has a change of heart that has lithium at its core.
Against this backdrop, we’re not just looking at the new ‘Who’s Who’ of lithium. We’re beyond that. Now we’re looking at who’s going to advance to new production first, with the highest grades of low-cost lithium.
Read full article... Read full article...
Monday, February 13, 2017
Tesco Crisis - BBC Investigation Reveals Customers Being Short Changed Due to Staff Cuts / ConsumerWatch / Tesco
BBC Insight programme to be broadcast tonight at 7.30pm will reveal that Tesco customers are being short changed by promotions that have expired but are still being advertised on the shelves thus when customers for instance 'buy 1 get 1 free', instead end up paying double the expected price in most Tesco stores. As a Tesco shopper I have long since been aware of this issue which is why I always check the date that the offer replies to. Though this tends to be in small print so can be difficult to see with ageing eyesight. Also I have witnessed the SAME phenomena whilst shopping at Morrisons and Asda, though not on the same scale of Tesco. Still it does require the dates of every offer to be checked.
Read full article... Read full article...
Monday, February 13, 2017
Trump a New Jacksonian Era? / Politics / US Politics
"Gentlemen! I too have been a close observer of the doings of the Bank of the United States. I have had men watching you for a long time, and am convinced that you have used the funds of the bank to speculate in the breadstuffs of the country. When you won, you divided the profits amongst you, and when you lost, you charged it to the bank. You tell me that if I take the deposits from the bank and annul its charter I shall ruin ten thousand families. That may be true, gentlemen, but that is your sin! Should I let you go on, you will ruin fifty thousand families, and that would be my sin! You are a den of vipers and thieves. I have determined to rout you out, and by the Eternal, (bringing his fist down on the table) I will rout you out!" - Andrew Jackson
Read full article... Read full article...
Monday, February 13, 2017
Lindsay Stock Market 12-year Low / Stock-Markets / Stock Market 2017
As often noted, the first step in a Lindsay forecast is determining the long-term intervals; 15yr (15yr-15yr, 11mo) for highs and 12yr (12yr, 2mo-12yr, 8mo) for lows. Counting a 12yr interval from point B of Lindsay's Long Cycle on 3/7/05 forecasts a significant low in the period May-November 2017. However, the 1/3/17 Market Update laid out a forecast for a significant high (using both a 15yr interval and Basic Movements) in the period April-August 2017. And to further confuse things, a Three Peaks/Domed House pattern - combined with a Hybrid Lindsay forecast - seem to be pointing to a high within hours of now. How do we reconcile all of this?
Read full article... Read full article...
Monday, February 13, 2017
Stock Market at High Tide / Stock-Markets / Stock Market 2017
Current Position of the Market
SPX Long-term trend: If the market strength persists, the long-term trend may need to be re-evaluated.
SPX Intermediate trend: SPX intermediate P&F count to the 2300 level has been reached. A reversal should now occur.
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.
Read full article... Read full article...
Monday, February 13, 2017
KitKat 100% Easy to Win Personalised Prize Packs Promotion! / Personal_Finance / Freebies and Comps
Here an update of KitKat's current promotion that allows buyers of the multi-packs to enter a code and win a personalised four fingered pack. I was skeptical at first but it looks like I have won 10 out of 10 entries! Find out what it's all about in my latest video to make sure you don't miss out on what looks like being a 100% winnable promotion! Yes the prize may not have much face value i.e. a four finger kitkat bar, but having your own factory printed photo wrapper makes all the difference in terms of sentimental value. So if you already buy kitkat's then what do you have to lose ? Nothing! and NO I don't work for kitkat! It's just that after Walkers Crisps Spell & Go con it is a refreshing change to have a promo that actually allows normal people, apparently everyone who enters to win!
Read full article... Read full article...
Sunday, February 12, 2017
Trump Not Pro-Russia, Says Its Foreign Ministry Spokeswoman / Politics / Russia
Profiles in courage are absent in Washington, especially on geopolitical issues, notably on relations with Russia.
In January, Russian Foreign Ministry spokeswoman Maria Zakharova said Trump is not pro-Russia. She distinguished between Russophobe Hillary Clinton and Trump’s more responsible comments, calling getting along with Russia a good thing.
Read full article... Read full article...
Sunday, February 12, 2017
Gold Bull Market Surprises / Commodities / Gold and Silver 2017
In a bull market surprises come to the upside and it’s never advisable to lose one’s core position. This rally isn’t going to top until sentiment gets excessively bullish. Right now sentiment is dead neutral and it will take 5-10 more weeks before sentiment reaches 75% or higher.
Read full article... Read full article...
Sunday, February 12, 2017
Channel 4 War on 'Fake News' Ends - The New News Age / Politics / Mainstream Media
Channel 4 is ending its week long war on 'fake news'. Whilst I watched the 'fake news' sections on Channel 4 News. However I found their mocumentaries mind numbingly stupid! All that time and effort, all that programming and they missed the OBVIOUS! in that its mostly ALL FAKE NEWS, it always has been since even before the first printing presses started running, and the proper name for alt 'fake news' is CONSPIRACY THEORY! There have ALWAYS BEEN conspiracy theories of this that or the other as labeled by the establishment media of the time that tends to persist for decades until when a conspiracy theory may be proven to true! Though I prefer 'most probable' over the word 'truth', because it is all propaganda spun by the elite of the day where the stories periodically go through revisions as required.
Read full article... Read full article...
Sunday, February 12, 2017
Plenty Kitchen Towels 432 Prizes to Be Easily Won in New Promo With Tesco / Personal_Finance / Freebies and Comps
Plenty kitchen towels are running a new promotion running in conjunction with Tesco. No it's not the Trolls, that ended in December. In this promo you can relatively easily win 1 of 432 prizes that include PS4's, I-pads, Fit-bits, £100 tesco vouchers and more. Find out what its all about and how to win some great prizes in my video. Also note that the weekly promo that ends on the 7th of March with a late entries draw to be held on 31st March, so don't waste time! You have 4 weeks to win!
Read full article... Read full article...
Saturday, February 11, 2017
Uptrend in Silver (XAG/USD) Continues to Strengthen / Commodities / Gold and Silver 2017
Spot silver (XAG/USD) closed strong last week (17.93), near the high of the week (18.00), as it continues to push up against the top trend line of a relatively well constructed ascending channel. It has been in a rising trend channel for the past seven weeks, ever since hitting a bottom at 15.64 in December. As of last week’s high, silver was up 15.1% off that December low.
Read full article... Read full article...
Saturday, February 11, 2017
The New Retirement – Big Pill To Swallow! / Stock-Markets / Financial Markets 2017
President Donald J. Trump was elected the 45th President of the United States to preside over the largest debt collapse ever in U.S. history. During this four-year term, he and his administration will be most feared and hated president there ever was. The odds are stacked high against his ideology of “Making America Great Again” during his term in office.
Read full article... Read full article...
Saturday, February 11, 2017
Greece Debt Crisis Outrageous Malevolence / Interest-Rates / Eurozone Debt Crisis
Earlier this week I was talking in Athens to a guy from Holland, who incidentally with a group of friends runs a great project on Lesbos taking care of some 1000 refugees in one of the camps there. But that’s another topic for another day. I was wondering in our conversation how it is possible that, as we both painfully acknowledged, people in Holland and Germany don’t know what has really happened in the Greek debt crisis. Or, rather, don’t know how it started.
That certainly is a big ugly stain on their media. And it threatens to lead to things even uglier than what we’ve seen so far. People there in Northern Europe really think the Greeks are taking them for a ride, that the hard-working and saving Dutch and Germans pay through the teeth for Greek extravaganza. It’s all one big lie, but one that suits the local politicians just fine.
Read full article... Read full article...
Saturday, February 11, 2017
Dr. Copper on Call for Gains / Commodities / Copper
Copper (made a new 18-month high on Friday, breaking out of a 10-month sideways bullish digestion zone that formed atop its 5-year down trendline at 2.48. Copper is poised for upside continuation to 3.00 next.
Let's notice that the strong recovery in Copper has coincided with a powerful upmove in 10-year Yield (lower chart).
Read full article... Read full article...