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.
Read full article... Read full article...
Tuesday, October 11, 2016
The US Needs a Robust Infrastructure Spending Program / Stock-Markets / Infrastructure
By: John_Mauldin
I’ve been quite hard on central bank leaders lately, and rightly so. But once in a while, a central banker says something that makes sense. When it happens, I want to be fair and highlight it.
Bank of Canada Governor Stephen Poloz gave an unusually coherent Sept. 20 speech called Living for Lower with Longer. The “lower” refers to lower interest rates. He discussed some of the broader factors contributing to the extended low-rate environment.
Read full article... Read full article...
Tuesday, October 11, 2016
Stock Market Debate Rally...Still Nowhere....Still Bullish.... / Stock-Markets / Stock Markets 2016
By: Jack_Steiman
Last night we had the second debate between Clinton and Trump. The market wants the status quo because if Trump wins, he said he would remove fed Yellen. That's not what this stock market wants. It wants Yellen since she, and she alone, is responsible for quite a bit of the wealth most have in stock market gains over the past many years. If she goes away, it is quite likely rates will go up quite fast and kill the market. The market wants a democrat since this will make certain that Yellen will remain in office, and, thus, the world of low rates and, therefore, more Disneyland is possible.
Read full article... Read full article...
Tuesday, October 11, 2016
Presidential Election and Bear 'Super-Cycle' Stifle Growth in Markets / Commodities / Gold and Silver 2016
By: The_Gold_Report
Contrary to what a number of gold bugs have observed, other experts believe recent drops in the gold price are not a bull market correction, but rather reflect a market stuck in a commodity bear "super-cycle." Coupled with a gloomy end-of-year outlook for stock markets, precious metals and miners could be in for a rough Q4.
Read full article... Read full article...
Tuesday, October 11, 2016
Stock Market Downside Possibilities / Stock-Markets / Stock Markets 2016
By: Brad_Gudgeon
The stock market rallied on Monday out of the 8 TD low on Friday. The 8 TD low is acting more like a 4 TD low. The dominant has once again become sub-dominant. The market looks as though it wants to curl over this week into Thursday. Downside possibilities are the low to mid 2130’s to as low as the 2102/07 area SPX.
Read full article... Read full article...
Tuesday, October 11, 2016
An American Tragedy: Trump Won Big / ElectionOracle / US Presidential Election 2016
By: Raul_I_Meijer
If the US presidential debate last night showed anything, it must be that just about everyone has dug themselves into their trenches and had no desire whatsoever to ever came out.
This seemed especially clear on the Hillary side, which appeared to include -to an extent- ‘moderators’ Anderson Cooper and Martha Raddatz, judging from their interruptions. But, granted, they were the only biased side in the discussion, so we don’t really know what trenches the Republicans have dug.
Read full article... Read full article...
Tuesday, October 11, 2016
What in the World Happened to Gold and Silver Prices Last Week? / Commodities / Gold and Silver 2016
By: MoneyMetals
By Clint Siegner : Gold and silver prices charged higher during the first 6 months of the year. They fell into a rut over the summer, and then hit the skids last Tuesday. Lots of bullion investors are wondering what in the world happened. There are three primary factors driving this price correction.Read full article... Read full article...
Monday, October 10, 2016
This Past Week in Gold / Commodities / Gold and Silver 2016
By: The_Gold_Report
Technical analyst Jack Chan charts the latest movement in the gold and silver markets, noting the cycle has reversed down.
Monday, October 10, 2016
Stock Market Shades of August 2015 / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
You may recall that we saw a Triangle formation going into the August 2015 flash crash decline. This time it’s capped by an Orthodox Broadening Top formation that has the potential for a much larger decline.
In addition, the time from the top of Wave A to today’s top is exactly 12.9 market days. From the 2187.87 high to the 2179.99 high was 8.6 market days. The time from the August 15 high at 2193.01 to the high at 2187.87 was 17.2 market days.
Read full article... Read full article...
Monday, October 10, 2016
Bubble Blind Central Bankers / Interest-Rates / US Federal Reserve Bank
By: Michael_Pento
Fed Head Janet Yellen is keeping alive the tradition of her predecessors, Messrs. Greenspan and Bernanke, by showing she is equally as blind-sighted to the bubbles central banks are blowing in the bond and equity markets. During her September press conference, Ms. Yellen stubbornly clung to the misconception that it is only possible to tell if a bubble exists after it bursts. And because of this delusion, in Yellen's eyes ninety-six months of a virtual Zero Interest Rate Policy (ZIRP) is merely, and I quote, "a modest degree of accommodation." Her blinders are so opaque that she claims to see, "no signs of leverage building up." And her feckless ability to spot market imbalances even resulted in this doozy of a Yellen quote: "In general, I would not say that asset valuations are out of line with historical norms."
Monday, October 10, 2016
Gold Trading COT Report “Means Lower – Then Much Higher – Prices Coming” / Commodities / Gold and Silver 2016
By: GoldCore
The gold trading Commitment of Traders (COT) report, released Friday, shows the peculiarly timed gold sell off and much needed wash out of speculative longs out of the gold futures market last week sets gold up for lower prices, prior to moving higher again.
Monday, October 10, 2016
No Clear Short-Term Direction, Will Stocks Continue Higher? / 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
Monday, October 10, 2016
Bank Current Account Overdraft Fees Hit a High, Attacking Careful Customers / Personal_Finance / Mortgages
By: MoneyFacts
Moneyfacts UK Mortgage Trends Treasury Report data, not yet published, highlights that the average two-year tracker rate has increased by 0.07% in just one month, bringing the figures back to July 2016’s level and cancelling out the “base rate effect”.
Read full article... Read full article...
Monday, October 10, 2016
Commodities, Forex and Stock Market Forecasts / Stock-Markets / Financial Markets 2016
By: Ken_Ticehurst
We are getting closer to our long forecast drop in the commodities complex with the possibility of some important lows next year. WTI is still putting in a top, the dead cat bounce that has lasted throughout this year is running out of steam and we should see the push for lower lows over the next couple of months and in to 2017.
Monday, October 10, 2016
NFP, Wikileaks, falling momentum, slipping real estate…recipe for correction? / Stock-Markets / Financial Markets 2016
By: John_Mesh
The rally in equities resumed for the UK's FTSE and three of the four Eastern indexes on our world watch list (the Shanghai Composite spent the week on holiday celebrating Chinese National Day). Japan's Nikkei was the top week-over-week performer, up 2.49% with Hong Kong's Hang Seng close behind at 2.38%. The US's S&P 500 was the laggard, down 0.67%, which snapped a three-week advance.
Monday, October 10, 2016
Stock Market Pressure Mounting / Stock-Markets / Stock Markets 2016
By: Andre_Gratian
Current Position of the Market
SPX Long-term trend: The long-term trend is up but weakening. Potential final phase of bull market.
SPX Intermediate trend: The uptrend from 1810 continues, but it has entered a corrective phase which could extend into November.
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, October 10, 2016
Gold and Silver PM Stocks Indices at an Emotionally Challenging Juncture / Commodities / Gold and Silver Stocks 2016
By: Rambus_Chartology
This past week there was some panic selling in the PM complex which is what we need to see happen to put in an important low. The HUI hit the 50% retrace at 195 for this first leg up in its new bull market, just under 200, which is an important physiological round number. Many times investor will place their sell/stops just under a round number like 40, 50 or 200 for instance, thinking if a stock drops below that important round number it’s time to exit that position. Many times a drop below these round numbers can be the reversal point for the next rally in the case of an uptrend.
Monday, October 10, 2016
Gold – Commitments of Traders – hedge fund longs liquidate / Commodities / Gold and Silver 2016
By: Dan_Norcini
Fortunately for we traders, the Commitments of Traders report did at least catch the big move lower on Tuesday of this week so we were able to get a peek inside the market to see what happened to those massive hedge fund long positions during this week’s meltdown in the gold price.
Here is the first chart. Hedge fund outright positions.
Read full article... Read full article...
Monday, October 10, 2016
Stock Market Down Monday? / Stock-Markets / Stock Markets 2016
By: Brad_Gudgeon
The SPX could take a plunge Monday, but the set up is there for a nice rebound into October 14th. I think we finally get my False Break of the Rising Wedge and the rebound that takes us above 2200 SPX. October 14th should be the high for the year.
GDX and the gold complex are due for a nice rebound rally, but much damage has been done. A move back into the mid 26.00 area for GDX is the minimum expectation for an October 18 top. It may take a couple of more days to get kick started as the buyers are hesitant and selling into rallies.
Read full article... Read full article...
Monday, October 10, 2016
Fifteen Years Into the Afghan War, Do Americans Know the Truth? / Politics / War on Terror
By: Dr_Ron_Paul
Last week marked the fifteenth anniversary of the US invasion of Afghanistan, the longest war in US history. There weren't any victory parades or photo-ops with Afghanistan's post-liberation leaders. That is because the war is ongoing. In fact, 15 years after launching a war against Afghanistan's Taliban government in retaliation for an attack by Saudi-backed al-Qaeda, the US-backed forces are steadily losing territory back to the Taliban.
Read full article... Read full article...