Tuesday, January 10, 2017
NDX Tek Stock Index Reaches Over Five Thousand / Stock-Markets / Tech Stocks
The stock market indices started the week off in a very strange session, the Nasdaq 100 working its way higher, while the S&P 500 got hammered at the opening, and barely hung on all morning. Midday the Nasdaq 100 extended its move, making new, all-time highs today at 5034.00, while the S&P 500 tried to rally, but rolled over and continued steadily lower. At the end of the day, the Nasdaq 100 pulled back ten points, while a much deeper retrace on the session lows of the S&P 500 and Dow finished at the lows for the day.
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Monday, January 09, 2017
Frank Holmes: Gold Rally Extremely Likely in January and February / Commodities / Gold and Silver 2017
Mike Gleason (Money Metals Exchange): We are fortunate today to be joined by Frank Holmes, CEO and Chief Investment Officer at U.S. Global Investors. Just recently Mr. Holmes received another award from the Mining Journal and was named America's Best Fund Manager for 2016, one of many awards he's received now in the mining industry for his fantastic track record. He is also the co-author of the book The Gold Watcher: Demystifying Gold Investing and is a regular guest on CNBC, Bloomberg, Fox Business, as well as right here on the Money Metals Podcast.
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Monday, January 09, 2017
Test Your Markets Trading Knowledge: Find the Clear Wave Pattern on this Chart / InvestorEducation / Elliott Wave Theory
Take this quiz, then check your answer against one of our top analysts
Do you see a pattern you recognize in this chart of Reynolds American (RAI)?
The Wave Principle separates price action into two categories: motive and corrective, and this price chart has a clear example of one category.
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Monday, January 09, 2017
Gold Stocks - How Bull Markets Work / Commodities / Gold and Silver Stocks 2017
Gold and Silver Index
Folks, prepare to get schooled on how bull markets work.
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Monday, January 09, 2017
Pope Francis Now a International Monetary Guru / Politics / Religion
Neo-Marxist Pope Francis
As the new year dawns, it seems the current occupant of St. Peter’s Chair will take on a new function which is outside the purview of the office that the Divine Founder of his institution had clearly mandated. Besides being a self proclaimed expert on global warming and a vociferous advocate of societal-wrecking mass immigration, it looks as if “Pope” Francis has entered the realm of global economics specifically, international monetary policy.
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Monday, January 09, 2017
Markets 2016 Past is 2017 Prologue / Stock-Markets / Financial Markets 2017
With us being just over a week into the New Year, we feel it worthwhile to look back just one last time at 2016. We believe that many of the themes and risks of 2016 continue in 2017 and that they are likely to impact markets in the coming months – especially the precious metal markets.
We always enjoy new perspectives and every year we enjoy the witty, comprehensive and insightful analysis review of the year past by David Collum. His‘2016 Year In Review’ is in the same vein and was missed by many when it was released over the Christmas period.
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Monday, January 09, 2017
Four Major Trends to Expect from the U.S. Housing Market in 2017 / Housing-Market / US Housing
2017 is already off to an interesting start in the global real estate market and the forces of demand and supply are building up momentum that will determine the pace of the markets this year. In the UK, home prices ended up 7.2% in 2016 in contrast to the prevailing fears that the UK housing market will suffer a post-Brexit crash after London recorded weakness in house prices. Now, many housing market analysts think that the UK housing market has survived the worst ; hence, they believe that 2017 could be a bullish year in the real estate markets.
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Monday, January 09, 2017
Stock Market Major Indexes Reached New Record Highs - But Will They Continue Higher? / 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, January 09, 2017
UK Mortgage Trends Treasury Report – Largest fall in BTL products since 2009 / Housing-Market / Buy to Let
Moneyfacts UK Mortgage Trends Treasury Report data, not yet published, highlights a significant drop in the number of buy-to-let (BTL) mortgage products, with 74 deals having been withdrawn from the market in just one month.
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Monday, January 09, 2017
Agri-Stocks and Agri-Food Prices: Both Strong / Commodities / Agricultural Commodities
When has food been more valuable than technology? Aside from all of history, that was especially true in 2016. Chart below is our Investment Scoreboard for 2016. In it are portrayed the returns for a variety of important market measures. Gold stocks, Silver, oil, and Agri-Equities clearly owned the year. Agri-Equities, number four in chart, substantially outperformed most of the equity markets. In 2016 food was clearly more valuable than those tired, old, over owned technology and internet stocks as indicated by the NASDAQ 100 being far down in the list.
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Monday, January 09, 2017
Will Obama's 'Good War' in Afghanistan Continue? / Politics / Afghanistan
Last week, as the mainstream media continued to obsess over the CIA's evidence-free claim that the Russians hacked the presidential election, President Obama quietly sent 300 US Marines back into Afghanistan's Helmand Province. This is the first time in three years that the US military has been sent into that conflict zone, and it represents a final failure of Obama's Afghanistan policy. The outgoing president promised that by the end of his second term, the US military would only be present in small numbers and only on embassy duty. But more than 8,000 US troops will remain in Afghanistan as he leaves office.
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Monday, January 09, 2017
Gold Stocks Leading but Approaching Trump Resistance Levels / Commodities / Gold and Silver Stocks 2017
Although we expected a rally in the gold mining sector, we have been surprised by its strength and recent buying pressure. From the lowest ticks, Gold has rallied less than 6% but GDX has gained 25% and GDXJ has soared 36%. This rebound adds to the evidence that the gold stocks are leading the metal. That being said, the gold stocks are approaching some strong resistance levels which coincide with Trump's election victory.
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Monday, January 09, 2017
The Two Hottest Commodities For Investors In 2017 / Commodities / Gold and Silver Stocks 2017
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Monday, January 09, 2017
Gold Price US$700? OR US$7000? / Commodities / Gold and Silver 2017
Does either of the above preclude the other? In other words, if we expect gold to reach $7000 per ounce, and we are correct, does that mean that we can’t reasonably expect gold to go as low as $700 per ounce? Conversely, if we are predicting or expecting gold to continue its current decline, and even breach $1000 per ounce on the downside, can $7000 per ounce, or anything even remotely close to that number, be a reasonable possibility?
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Monday, January 09, 2017
Stock Market Tad More Distribution Needed / Stock-Markets / Stock Markets 2016
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 is still possible before a reversal occurs.
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, January 09, 2017
PM Theresa May Fears Donald Trump Will Grab Her by the P#ssy When they Meet / Politics / UK Politics
In a candid interview with Sky news British Prime Minister Theresa May in addition to covering the usual hot topics of BrExit and the NHS, was asked by Sophy Ridge on her thoughts about meeting Donald Trump given that it is on the record that he likes to grab women by the P#ssy.
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Sunday, January 08, 2017
Will Donald Trump Defy Expectations and Be a Peace President? / Politics / US Politics
It’s hardly likely given America’s rage for endless wars, gorging on them. Neocons infesting Washington demand them.
Enemies are invented to accommodate them. War profiteers depend on them. The indifferent public does nothing to demand they stop.
Yet what US leader in memory said getting along with Russia “is a good thing, not a bad thing. Only ‘stupid’ people, or fools, would think that it is bad!” If Trump follows through on this rhetoric, imagine the possibilities for change.
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Sunday, January 08, 2017
The Trump Stock Market Bubble / Stock-Markets / Stock Markets 2016
Donald Trump has a plan for dealing with the stock market bubble. Make it bigger.
Before the election candidate Trump blasted Federal Reserve chairman Janet Yellen for keeping interest rates too low for too long to keep the economy humming along while Obama was still in office. The president elect accused Yellen of being politically motivated suggesting that the Fed’s policies had put the country at risk of another stock market Crash like 2008.
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Sunday, January 08, 2017
In a Lawless World, Rules STILL Matter / Economics / Economic Theory
While economics is a science and should be treated as such, economic forecasting is both a science and an art at the same time. However, anyone can forecast. Just like anyone can forecast the weather. To do so accurately and furthermore to do so frequently is a true talent. We think of it along the lines of the ability to hit a major league fastball; a gift granted to maybe 1 in 500 or a thousand babies each year. Then add to that the ability to hit a major league fastball for an average of .300 over an entire career and we’re talking a few babies in an entire generation.
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Sunday, January 08, 2017
The Trump Reset War With China: 2. The Putin Doctrine / Politics / US Politics
Trump's US election win amounts to a pressing of the RESET button on that which has passed for at least the past 40 years. Which demands a reappraisal of virtually everything to ascertain not just the impact of Trump but the trend reversal / rebellion underway amongst Western populations against the ruling elites that will impact on the mega-trend drivers of financial market trends for many years if not decades to come.
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