Wednesday, November 23, 2016
Three Ways Traders Can Spot a Stocks Bear Market Before it Bites / Stock-Markets / Stocks Bear Market
A bear market is a disheartening market scenario for most traders and investors because it connotes a season of losses. A bear market is technically defined as a market condition in which securities decline 20% or more from their previous highs. A bear market is more troubling than a market correction because a correction refers to a 10% decline from previous highs. In fact, a correction is more like peeping into bear territory while a bear market can be likened to living inside a bear territory.
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Wednesday, November 23, 2016
Gold to Rally More, Stocks Should Drop / Stock-Markets / Financial Markets 2016
GDX looks to rally hard in a 'c' of "C" wave, likely into Early the 25th. We could see GDX around 24.50. It looks like a bear rally. The jobs report on December 2 could knock the precious metals sector down like it did from November 9-14.
The SPX is running on fumes and should drop at least to the 2162 area by early Friday I would think. Higher highs into next November 30-December 1 look likely and up to around 2208/09. My target for next week of 2203 was hit today.
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Wednesday, November 23, 2016
Silver and Gold - We Can’t Understand It for Them / Commodities / Gold and Silver 2016
For years I have calmly, patiently, and for the most part rationally, listened to friends, family, patients, and colleagues grapple with the notion of precious metals.
The majority understand the basic reasons why some portion of portfolio allocation is necessary or prudent, but very few have (or will) taken action.
Often, people are shocked that I would be interested in the matter to begin with. I think subconsciously people understand to be a “Doctor” is to be a teacher, but on the surface most people find it odd and uncomfortable to accept my interest and quest in something that rarely occurs to them.
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Wednesday, November 23, 2016
Stock Market Turkey Week / Stock-Markets / Stock Markets 2016
Holiday shortened weeks (like this week) have a tendency to be bullish and the Thanksgiving holiday is more bullish than most. But with the Hybrid Lindsay model pointing to a low on November 28/29 - combined with a number of other bearish metrics - it's hard to get bullish this week. Seasonal strength during this week's holiday shortened trading (US Thanksgiving holiday) is typically followed by weakness in early December.
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Wednesday, November 23, 2016
Post-election Debt Mathematics / Interest-Rates / US Debt
The U.S. Presidential election is over. One candidate won, one lost, but the mathematics did not change.
Mathematics of What?
- US government debt has grown far more rapidly than GDP for decades. This is unsustainable.
- US government revenues increase about 4% per year while the official debt has grown at 9% per year, on average, since 1913. Official debt doubles in eight years regardless of which borrow and spend party and politicians are supposedly running the country and that is unsustainable.
- Official debt is currently about $20 trillion. Does $40 trillion in official debt sound plausible in the year 2024?
- How about $80 trillion in the year 2032?
- Worse, the debt goes astronomical if the financial and political elite choose hyperinflation.
Wednesday, November 23, 2016
Krugman's Aliens Have Arrived - They Are Called "Trumponomists" / Economics / Economic Theory
Gordon T Long, Co-Founder of MATASII.com sat down with John Rubino to get his views on what the new Trump Administration and its "Trumponomics" policies will mean to the markets and investment strategies in 2017. Here are a few of John's current views on some of the Key Economic headwinds facing "Trumponomics":
A NEW ELECTORAL CLASS
The reason anti-establish politicians like Trump are gaining popularity according to John is because people, more and more, are feeling "the big systems no longer works for the people anymore!"
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Wednesday, November 23, 2016
A Review of Nedbank Private Wealth / Companies / Banking Stocks
Nedbank Private Wealth is a leading international private bank offering account services and offshore investment opportunities to globally mobile professionals.
This is a review and summary of their banking and investment offering.
It is written to enable anyone looking for an organisation for international wealth management to make an informed choice about their solution provider.
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Tuesday, November 22, 2016
Trump’s Financial Revolution! / Stock-Markets / Financial Markets 2016
A financial revolution is now taking place and I want to tell you the story. It has rather large implications for interest rates, the stock market, gold and real estate.
The only reasons for the DOW JONES sharp gains, post-election, is due to the fact its’ index leans toward financial and industrial stocks, (as seen in the chart below), more than the SPX and Nasdaq Indexes. Those two sectors have outstripped most of the market since Election Day.
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Tuesday, November 22, 2016
The Dow Jones Continues To Trump UP! / Stock-Markets / Stock Markets 2016
Eric Balchunas, ETF Analyst for Bloomberg Intelligence, stated that "Financial ETFs are on fire, but the center of the heat is really banks, which will benefit from rising rates more than other areas of the financial sector,".
Is the strengthening of the dollar merely "temporary”? Is this recovery an illusion, which will precede an inevitable crash? I have maintained all along that there has been no real recovery and that the FED will not raise interest rates soon, contrary to common widespread beliefs.
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Tuesday, November 22, 2016
Stock Market New All Tiime Highs & the Election Buried This HUGE Story / Interest-Rates / US Bonds
Stock Market Highs & the Election Buried This HUGE Story
Chart of the Day
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Tuesday, November 22, 2016
Best Cashback Credit and Debit Cards for Christmas / Personal_Finance / Credit Cards & Scoring
Savvy shoppers will no doubt be looking to make the most of their hard-earned cash at this time of year, and they could attempt to earn some much-needed cashback each time they spend. However, with just five weeks to go until Christmas, there isn’t much time left to work out which are the good deals and which are the bad.
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Tuesday, November 22, 2016
Will Crude Oil Price Rally to $50? / Commodities / Crude Oil
Trading position (short-term; our opinion): Long positions (with a stop-loss order at $41.39 and initial upside target at $49.53) are justified from the risk/reward perspective.
On Friday, crude oil moved higher once again as optimism over an OPEC deal to limit production continued to weigh on investors' sentiment. In this environment, light crude gained 0.83% and closed the day above the 38.2% Fibonacci retracement. What does it mean for the commodity?
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Tuesday, November 22, 2016
Why A US-Russia Reset Will Help the Economy / Politics / GeoPolitics
Although the Democrats eagerly painted Russia as the enemy throughout the American election campaign, the budding dialogue between Russian President Vladimir Putin and US President-elect Donald Trump has some interesting implications. In many ways, both represent the ongoing global shift in political dynamics towards more right-wing governments. While historically these developments have created an environment ripe for conflict and war, the surprising election of Trump may sow the seeds of change to this classical narrative.
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Tuesday, November 22, 2016
Gold, Commodities, Forex and Stock Market Forecasts / Stock-Markets / Financial Markets 2016
We continue to be bearish on Gold as we have been for months, our only recent change is that we are expecting a significant low earlier in 2017 than previously forecast. We have consistently maintained that this bearish phase is just a short term consolidation before we begin a new and significant rise that could well lead to new all time highs.
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Tuesday, November 22, 2016
The Spreading Bondfire And The Rising Price Of Gold / Stock-Markets / Financial Markets 2016
Today’s rising interest rates and trillion-dollar losses in global bond markets are prelude to what is to come, i.e. rising inflation with higher interest rates ending in the bursting of the global government bond bubble and the long awaited breakout of gold.
Last year, on December 15, 2015, the Fed announced the first tentative rate increase in nearly ten years, from 0.0% to 0.25%. The Fed had last raised rates in June 2006 which eventually burst the US real estate bubble in 2007 resulting in the collapse of global markets in 2008.
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Tuesday, November 22, 2016
Donald Trump is just an ugly intermission between acts / Politics / US Politics
Mr. Trump, you have no mandate. You not only lost the popular vote by two million but the disparity between the popular vote and Electoral vote was historically unprecedented.
What you have is a constituency that mostly voted for radical change and who seem gleefully unaware that similar ultra-right, populist movements in the last century produced Hitler, Mussolini, Franco and, in recent decades, third-world banana republic thugs underwritten by Wall Street and the State Department for the purpose of dismantling social democracies to enrich private corporations, bankers and oligarchic nationalists.
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Tuesday, November 22, 2016
Stock Market Rally Appears Complete / Stock-Markets / Stock Markets 2016
SPX closed under 2200.00, as suggested. Whether that is the end of the rally will be ascertained at tomorrow’s open. All of the Waves appear to be complete and on time.
Note that two new potential catalysts have hit the internet. The first is a “Big Problem” has just emerged for Trump’s Economic Plan. It is expected to add $5.3 trillion to the debt over the next decade.
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Tuesday, November 22, 2016
S&P 500 Makes The Move... / Stock-Markets / Stock Markets 2016
The S&P 500 made the move over 2194 today on a closing basis. Many onlookers were waiting patiently as the S&P 500 lagged badly behind other indexes, such as the Dow and small-cap stocks. It's important for the most followed index, with the biggest companies, to join the rest of the market on breakout to show confidence that the move higher is sustainable across the board. It doesn't guarantee anything, of course, in this game, but you need to see confirmation of some kind to make you know being long is the right place to be. Getting the breakout today is a sign of confidence.
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Tuesday, November 22, 2016
Did The 'Trump Tantrum' Just Trigger The Next US Recession? / Economics / Recession 2017
Trump May Have "Pricked" The Global Bond Bubble
Trump called during the campaign for a $1 trillion infrastructure package, $5 trillion in tax cuts, increases in military spending and the repeal ObamaCare, which could cost more than $350 billion over 10 years. At the same time, the president-elect has promised “not to touch” Social Security or make cuts to Medicare. The moment Trump was elected the markets immediately reacted to this potential massive fiscal injection. Bond values plummeted as yields spiked.
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Tuesday, November 22, 2016
Cheap Money to Continue Flowing & Helicopter Money to Start after 2017 Market Crash / Stock-Markets / Financial Markets 2017
It is my privilege now to welcome in Michael Pento, president and founder of Pento Portfolio Strategies and author of the book The Coming Bond Market Collapse: How to Survive the Demise of the U.S. Debt Market. Michael is a money manager who ascribes to the Austrian School of Economics and has been a regular guest on CNBC, Bloomberg, Fox Business News, and also the Money Metals Podcast.
Michael, it's always great to have you on. Thanks for joining us today and welcome back.
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