Thursday, October 13, 2016
Stock Market Negative Expectations Following Tuesday's Decline - New Downtrend Or Just Consolidation? / Stock-Markets / Stock Markets 2016
By: Paul_Rejczak
Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,210, and profit target at 2,050, S&P 500 index).
Our intraday outlook is bearish, and our short-term outlook is bearish. Our medium-term outlook is 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
Wednesday, October 12, 2016
Can Trump Still Win Despite Opinion Polls, Bookmakers and Pundits all Saying Hillary has Won? / ElectionOracle / US Presidential Election 2016
By: Nadeem_Walayat
The message being broadcast across the mainstream media from the serious to the satirical, the likes of the Daily Show or Saturday Night Live is that Donald Trump now has virtually NO chance of winning the US presidential election as his campaign is hit by a barrage of bad news events on a near daily basis from leaked lewd audio tapes to $1 billion loss tax returns with the latest being betrayal from career Republican politicians.
Wednesday, October 12, 2016
Gold and Crude Oil - General Stock Market Links / Commodities / Crude Oil
By: Nadia_Simmons
Without a doubt the most important event of the recent month (or even the recent years) was unexpected OPEC’s decision to limit its production to a range of 32.5-33.0 million barrels per day. The agreement reached in Algiers (which is expected to be implemented this year) improved oil investors’ sentiment and pushed the price of crude oil above the barrier of $50. But is it enough to break above the Jun peak? Is it possible that the relationships between crude oil, gold and the general stock market give us more clues about future crude oil’s moves?
Wednesday, October 12, 2016
Major Factors Affecting Foreign Exchange Rates / Currencies / Forex Trading
By: Submissions
Daffa Zaky writes: Foreign exchange is a global market where trading of currencies is done all round the clock. The rate at which these currencies are exchanged (Forex rate) is very important. This is because it is used to determine economic status or growth of a particular country in comparison to other countries. The foreign exchange rate is usually monitored and constantly evaluated because it’s a key determining factor for a country’s economic stability. People who send and receive money from abroad have to constantly monitor the exchange rate so as to know the appropriate time to do so.
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Wednesday, October 12, 2016
Samsung's Galaxy Battery Just The Tip Of The Iceberg / Economics / Global Economy
By: Gordon_T_Long
Are Central Bankers Crippling The Global Supply Chain?
Gordon T Long and Charles Hugh Smith begin 'pealing the onion' on a deteriorating global supply chain and what the root cause is.
Though the Samsung Galaxy Note 7 battery problem is presently receiving a tremendous amount of media and public attention, what few appreciate is that it is only the tip of the iceberg of cracks in the global supply chained as a result of unintended consequences of central bank monetary policies. In this 35 minute video Gordon T Long and Charles Hugh Smith begin 'pealing the onion' on a deteriorating global supply chain and what the root cause is.
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Wednesday, October 12, 2016
Some Mortgage Lenders Unresponsive to Base Rate Cut / Housing-Market / Mortgages
By: MoneyFacts
Two months on from the base rate cut on 4 August, many might assume the full effect of the cut should now be visible. However, research from Moneyfacts.co.uk shows that the effect is mixed at best.
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Wednesday, October 12, 2016
Very Negative, Critical Day for the Stock Market / Stock-Markets / Stock Markets 2016
By: Harry_Boxer
The stock market indices had a very negative session today. The day started out with gap downs, they went down all day, and only in the last hour they bounced back to pare back the gains.
Net on the day, the Dow was down 200.38 at 18,128.66. The S&P 500 was down 26.93 at 2136.73. The Nasdaq 100 was down 71.85 at 4821.91.
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Wednesday, October 12, 2016
Hillary: Deceit, Debt, Delusions (Part Two) / Politics / US Debt
By: James_Quinn
In Part One of this article I addressed the deceit of Hillary Clinton and politicians of all stripes as they promise goodies they can never pay for, in order to buy votes and expand their power and control over our lives.
I created the chart below for an article I wrote in 2011 when the national debt stood at $14.8 trillion, with my projection of its growth over the next eight years. I predicted the national debt would reach $20 trillion in 2016 and was ridiculed by arrogant Keynesians who guaranteed their “stimulus” (aka pork) would supercharge the economy and result in huge tax inflows and drastically reduced deficits. As of today, the national debt stands at $19.7 trillion and is poised to reach $20 trillion by the time “The Hope & Change Savior” leaves office on January 20, 2017. I guess I wasn’t really a crazed pessimist after all. I guarantee the debt will reach $25 trillion by the end of the next presidential term, unless the Ponzi scheme collapses into financial depression and World War 3 (a strong probability).
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Wednesday, October 12, 2016
And You Thought the Silver Market was Rigged / Currencies / Fiat Currency
By: Dr_Jeff_Lewis
We live in a world where the yield-starved and tech-savvy conspire in the basement of the underground and unaccounted. While the rise of Bitcoin and the explosion of alternative currencies may become the new scapegoat of behavioral finance, there is nothing quite like the reality of trickle down finance gone wrong.
Recently, EU officials called for putting safeguards on Internet currency.
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Wednesday, October 12, 2016
Stock Market Lost in Translation / Stock-Markets / Stock Markets 2016
By: Ed_Carlson
A Hybrid Lindsay high is expected late this week, or early next, but that doesn't mean equities are expected to necessarily trend upward all week. Regardless, readers cannot afford to become lost in the semantics. Equities still appear to be looking into an abyss which will not bottom until closer to the final week of October.
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Wednesday, October 12, 2016
Stock Market Head & Shoulders Pattern Activated / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
The neckline of the Head & Shoulders formation appears to have been crossed. That action activates the formation with a minimum target of 2044.43. Chances of a bounce back above the neckline are normally slim to none. Should we close beneath it, we may see a massive gap down tomorrow.
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Wednesday, October 12, 2016
Gold and Silver Metals Show Strength Relative to the USD Index / Commodities / Gold and Silver 2016
By: P_Radomski_CFA
Gold, silver and mining stocks moved higher yesterday, but the size of the rally was not huge and it was another day during which the PM sector didn’t decline. The back and forth movement and decreased volatility appear to be temporary as this kind of performance is something that we’ve seen during both consolidations and bottoms. Which way will the precious metals sector go?
Wednesday, October 12, 2016
Announcing Trader Education Week -- a Free Event to Help You Learn to Spot Trading Opportunities / Interest-Rates / Learn to Trade
By: EWI
Dear Trader,
You have an opportunity to spend the next week learning how you can spot high-confidence trade setups in the charts you follow every day.
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Wednesday, October 12, 2016
Is The Fed Delaying The Day Of Reckoning? / Interest-Rates / US Federal Reserve Bank
By: Chris_Vermeulen
The FED and the Corporate World understand that there is NO economic recovery. They need to keep feeding this ‘bull market’ with plenty of accommodative easing or this ‘bull’ will die. The FED will do whatever it takes to maintain this by cutting rates to near zero and below so as to spruce up the economy. However, these conventional policies that are being applied, by the FED, will not work seeing as the ‘deflationary forces’ have gained momentum. Global economies cannot sustain rate hikes. They will continue to use ‘expansionary monetary policy’, indefinitely: (https://finance.yahoo.com/n...).
Tuesday, October 11, 2016
Confirmed Stock Market Sell Signals / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
SPX has crossed beneath the bottom trendline of the Triangle formation. This confirms the trend change in SPX.
ZeroHedge points out that the Risk Parity trade is deleveraging this morning, causing the breakdown. This practice is akin to the “portfolio insurance” used up to the crash of 1987, but with leverage, since yields are so low.
This may be a fast-developing situation, as each level of breakdown instigates more selling. There is a vicious feedback loop that may be unstoppable until selling is exhausted. That may take SPX beneath the February 12 low at 1810.10.
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Tuesday, October 11, 2016
For How Long Can OPEC Talk Up Oil Prices? / Commodities / Crude Oil
By: OilPrice_Com
Not a day passes without OPEC making oil and gas headlines, and today is surely no exception. Seemingly in lockstep with OPEC, the market is once again pacified on the promise that changes to the global oil supply glut are a' comin'. Yesterday, the Wall Street Journal quoted anonymous sources close to the matter who had it on good authority that the Saudi's were willing to cut "up to" 400,000 barrels per day (and that they had planned to do so all along, with or without an OPEC agreement). We can assume this figure is off August or September levels, which are near-record highs for the oil-rich country.
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Tuesday, October 11, 2016
Hillary Deceit, Debt, Delusions / ElectionOracle / US Presidential Election 2016
By: James_Quinn
“While every group has certain economic interests identical with those of all groups, every group has also, as we shall see, interests antagonistic to those of all other groups. While certain public policies would in the long run benefit everybody, other policies would benefit one group only at the expense of all other groups. The group that would benefit by such policies, having such a direct interest in them, will argue for them plausibly and persistently. It will hire the best buyable minds to devote their whole time to presenting its case. And it will finally either convince the general public that its case is sound, or so befuddle it that clear thinking on the subject becomes next to impossible.”
― Henry Hazlitt, Economics in One Lesson
Tuesday, October 11, 2016
Child Savings Accounts Face Gruelling Interest Rate Cuts / Personal_Finance / Savings Accounts
By: MoneyFacts
It is unusual to see a mass of rate cuts on children’s savings accounts, but the latest research by Moneyfacts.co.uk reveals this is exactly what’s happening. More than 100 rate cuts have been made over the course of 2016 to child savings accounts, so much so that some deals are now paying as little as 0.10% per year.
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Tuesday, October 11, 2016
Trump Support Crashes to New Low of 6.4 on Betfair Odds Betting Market / Politics / US Presidential Election 2016
By: Nadeem_Walayat
Trump's 2nd debate bounce that had seen Trump rally on Betfair's betting market from a low of 6.2 just prior to the debate to a post debate high of 4.8 has already apparently evaporated with Trump support literally crashing to a new low of 6.4 (current 6.2) as punters pile into placing bets on Hillary Clinton to win who now stands at a Betfair market price of just 1.21, her highest standing ever, which translates into just a £21 potential profit on every £100 bet, against Trump where every £100 converts into a potential £520 profit!
Tuesday, October 11, 2016
The World Is Turning Dangerously Insular / Economics / Global Economy
By: John_Mauldin
A toxic mix of short-sighted policy and isolationist politics is endangering the global economy.
In his recent talk at the Strategic Investment Conference 2016, David Rosenberg of Gluskin Sheff argues that there are growing threats looming over the global economy.
He believes that current macroeconomic and political trends could lead to serious problems in China, and especially Europe, in the not too distant future.
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