Monday, January 30, 2017
Gold Mining Stocks Could Halve In 2017 / Commodities / Gold and Silver Stocks 2017
Fed Hikes and Their Impact on Gold
When the first hike was delivered, along with the intention to deliver 3-4 more, gold prices were hovering above $1000. Gold now sits over $100 higher than it was at the time of the first hike, having rallied to $1375 when hikes were taken off the table. In our view one hike will see gold test $1000, two will see $1000 break, and three hikes would see $720 tested.
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Monday, January 30, 2017
The Markets Will Collapse As Economic Realities Sink In / Stock-Markets / Financial Crash
Well the final data is in and Janet Yellen’s “hot” economy is a disaster.
The US finished 2016 with GDP growth of 1.6%.
This is flat out embarrassing. And it confirms what we have suspected all along: that the 3Q16 numbers were completely fabricated in an excel spreadsheet for political purposes.
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Monday, January 30, 2017
Analysis Of Gold Is Much Ado About Nothing / Commodities / Gold and Silver 2017
Any analysis of gold must have a correct premise. And terms used in that analysis must be clearly understood. For example…
“Are you pro-gold?” Just exactly what does that mean? Is it a political or moral issue? In other words, does someone’s position on gold indicate ideology or lifestyle choice? Can a political liberal be pro-gold? And if someone answers the original question in the affirmative, does that mean they are anti-something else?
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Monday, January 30, 2017
Stock Market SPX 1810 Low Projection Met / 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 2300 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.
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Sunday, January 29, 2017
Are Green Card Holders Safe From Trump’s Muslim Immigration Ban? / Politics / US Politics
His anti-Muslim order caused a firestorm of outrage nationwide, from relatives of affected individuals, activists, human rights groups, as well as state and local officials.
Appearing on NBC’s Meet the Press, White House Chief of Staff Reince Priebus said Trump’s order “doesn’t include green card holders going forward,” then reversed himself, saying “of course it does.”
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Sunday, January 29, 2017
Trump Muslim Green Card Ban Avoided Through Trump Golf Course Membership / Politics / US Politics
Trump trumpeted his blanket refugees and muslim bans from 7 mostly Islamic nations Friday that even includes partners in the war on terror such as Iraq that as Trump was busy signing the executive order with his shrunken hand were busy fighting ISIS in Mosul.
Apparently the muslim ban includes green card residency holders, so anyone from the 7 target nations AND other muslims nations in for 'extreme vetting' finding themselves outside the United States are now unlikely to find themselves able to get back into the United States. And the ban extends to third nations i.e. UK passport holders who originate from one of the 7 banned nations are also banned from entry into the United States.
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Sunday, January 29, 2017
When The Rich Become Preppers, It's Time To Worry / Politics / Social Issues
Chris Martenson writes: For over 10 years now, we've been openly advocating that folks take action to become more prepared should crisis arrive. And for a long time, this advice relegated us to being labeled "tin-foil hat doomsday preppers" (and other less-polite monikers). The media just couldn't figure out any other box to put us in.
But now, the concept of taking at least some responsibility for your own future well-being by increasing your self-reliance is finally moving towards the mainstream.
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Sunday, January 29, 2017
Le Pen, France - Sometimes It’s Better To Be Lucky Than Good, Populist Edition / Politics / European Union
In 2015 there was no way the UK would vote to leave the European Union, so Prime Minister David Cameron promised to call a “Brexit” referendum as a cost-free sop to his party’s right wing in the upcoming election. The Conservatives won big, and Cameron kept his promise to run the meaningless referendum. But against all odds and contrary to nearly every election-day poll, Brexit won, flushing Cameron out of politics, pulling the UK out of the EU, and handing a huge victory to a populist coalition led by the UK Independence Pary’s Nigel Farage.
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Sunday, January 29, 2017
Sheffield Schools Crisis, Why 2017 Will be Worst Year Ever for School Place Admissions / Politics / Sheffield
It will soon be crunch time for the parents of Sheffield's children starting secondary school this year as they will find out whether their child has obtained a place at their preferred / catchment area school or not. Or as has been increasingly the case during the past few years are going to be disappointed by the outcome as they contemplate the stressful process of appealing. A crisis due to a number of factors including that which prompted latest years BrExit vote. A Sheffield schools crisis that in large part has been the city councils own making, regardless of the party in power as the council has been determined in a continuation of the crisis that has no end in sight.
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Saturday, January 28, 2017
Dow Busts Through 20k Triggering Speculative Short at Stock Market New All Time High / Stock-Markets / Stock Index Trading
The Dow finally sprinted to above Dow 20k for the first time ever after having hugged just below 20k since first reaching the mega stock market milestone early December.
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Saturday, January 28, 2017
Grow Your Own Tomatoes From Seed - Step by Step Easy Money Saving Guide / Personal_Finance / Gardening
Now is the right time of year to get started growing your own vegetables of which given the high shop prices tomatoes should be at the top of ones list. In this comprehensive guide, 9 year old Sami shows literally how anyone, even a child can easily grow hundreds of tomatoes indoors in a small pot from seed germination, to planting, to hand pollination, to pruning and then enjoying the fruits for a whole years worth of money saving crops of healthy fresh organically home grown tomatoes, good for your financial and physical health as well as delivering a lot of self satisfaction.
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Saturday, January 28, 2017
More Upside Ahead for S&P 500 After Pivot Off Support / Stock-Markets / Stock Market 2017
In my January 13 Wrap, I included a chart on the Emini S&P 500 (ES) showing a bullish coil formation pointing to a target zone of 2300/10.
On Thursday of this week, the ES reached a new high of 2299.50 before pulling back.
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Saturday, January 28, 2017
SPX Uptrend Extension May be Underway / Stock-Markets / Stock Market 2017
The market started this record week at SPX 2271. After a pullback to SPX 2257 on Monday the market rallied to all-time highs at SPX 2301 by Thursday morning. Then a pullback ended the week at SPX 2295. For the week the SPX/DOW gained 1.15%, and the NDX/NAZ gained 2.0%. On the economic front reports came in even. On the downtick: existing/new home sales, durable goods orders, Q4 GDP, plus weekly jobless claims rose. On the uptick: the FHFA, leading indicators, consumer sentiment, the WLEI, and the final Q4 GDP estimate. Next week is quite a busy one on the economic front, highlighted by the FOMC meeting, monthly payrolls and the PCE. Best to your weekend and week!
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Saturday, January 28, 2017
Stock Market Long Awaited 4% Pullback May Be Close / Stock-Markets / Stock Market 2017
Last time I wrote, I said that a 10-week bottom was close and could come as late January 31. Venus square Saturn (today) has a variance of 2 TD’s, the ten-week low can come as late as January 31 and the 16 TD low can come as late as +4 or 20 TD’s (January 31).
The odds are high in my book for a big down draft on Monday into Tuesday next week. My target is 2205 on the S&P 500 (we’ll see) Tuesday. There are positive astros for a peak on Feb 10 with Mercury sextile Venus. If we drop hard over the next 2 trading days, the pattern would suggest a strong rebound rally to new highs by then, likely somewhere in the 2310’s.
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Saturday, January 28, 2017
Silver Lining of the 'Violent, Stunning, Historic Collapse of Palladium' and How to Profit from It / Commodities / Palladium
Palladium took a dive this week, and Chen Lin, author of the popular newsletter What Is Chen Buying, What Is Chen Selling?, explains what happened and how investors can profit from the drop.
This is President Trump's first week in office and a huge week for the stock market. However, not many noticed the palladium futures market experienced the "violent, stunning, historic collapse," according to the well-known market commentator Dennis Gartman, the "commodity king." Let's drill down to exactly what happened.
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Saturday, January 28, 2017
Modern Delusions, Japan Thinks It Can Balance Its Budget / Economics / Japan Economy
A recurring problem for most developed-world governments is explaining why last year’s plan didn’t work while convincing voters that this year’s new and improved plan will do the trick. This is especially tough when the new plan is pretty much the same as the old one and therefore just as likely to fail.
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Saturday, January 28, 2017
SPX Support May be Broken / Stock-Markets / Stock Market 2017
SPX appears to be testing its Orthodox Broadening top trendline at 2293.00. It is trading in a narrower and narrower band that is only two points wide in the past hour. I expect it to break soon. The break would be an aggressive sell signal, not confirmed by the VIX or the Hi-Lo.
The daily Cycle top support, which appears to be broken is at 2293.32.
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Friday, January 27, 2017
Lala Land FX Assumptions / Currencies / US Dollar
The notion that Trump's planned protectionist measures (tariffs and border adjustment tax) will be USD-positive is founded on an unrealistic world - where Mexico, China and other US trading partners would just sit back and watch without any retaliatory action. We're not in the 1980s or 1990s when US trading partners operated in a closed world, unaccountable to any world free trade bodies.
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Friday, January 27, 2017
Going Long The Euro Could Be The Trade Of 2017 / Currencies / Euro
BY JARED DILLIAN : For a long time now I've held the theory that you have to be completely insane to be a successful investor. Like, right out of your tree.
Let me put it this way: Just a few weeks ago we were all sure, 100% positive that the US dollar would continue to appreciate against the euro, because the Fed was more hawkish, and the ECB was going to have negative rates and QE forever.
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Friday, January 27, 2017
The Recession-Proof Industry That Few Investors Know / Companies / Sector Analysis
BY PATRICK WATSON : Americans are pet crazy. Recent surveys show that more than two out of three Americans own some kind of pet. According to the ASPCA, almost half of American households own a dog and around a third are cat owners.
Demographics are also likely to boost pet ownership, as people who don’t have children are more likely to have pets. Therefore, the continued greying of baby boomers and the low birth rate among millennials means that growth in pets in the US is set to continue.
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