Friday, August 12, 2016

Gold Price Has Now Entered Its Strongest Seasonal Period / Commodities / Gold and Silver 2016

By: Chris_Vermeulen

My analysis indicates that gold will be implemented in order to protect ‘global purchasing power’ and to minimize losses during our upcoming periods of ‘market shock’. It serves as a high-quality, liquid asset to be used whereas selling other assets would cause losses. Central Banks of the world’s largest long-term investment portfolios use gold to mitigate portfolio risk, in this manner, and have been net buyers of gold since 2010.

Friday, August 12, 2016

Fueling Gold Stocks’ Next Upleg / Commodities / Gold and Silver Stocks 2016

By: Zeal_LLC

Gold stocks’ new bull market this year has already proven breathtaking.  This obscure sector has nearly tripled within a matter of months, yielding immense profits for the smart contrarians who bought in low.  But after such a blistering surge, what’s going to fuel gold stocks’ next upleg?  Heavy gold investment buying driving its price much higher will greatly boost gold-mining profitability, attracting in far more capital.

Gold stocks’ new bull run in recent months has been massive.  Their leading benchmark HUI gold-stock index skyrocketed 182.2% higher in just 6.5 months between mid-January and early August!  No other sector in all the markets is even remotely close to challenging this commanding performance.  Yet this mighty gold-stock bull still remains young and small, with the great majority of its gains still left to come.

Friday, August 12, 2016

Is the Crude Oil Price Rally Over? / Commodities / Crude Oil

By: Nadia_Simmons

Trading position (short-term; our opinion): Long positions (stop loss at $37.23; initial upside target at $46.90) are justified from the risk/reward perspective.

Crude oil declined on Wednesday only to shoot up with vengeance yesterday, exceeding the previous August highs. Still, crude oil declined a bit before the session was over, so many investors are wondering if the rally is already over – is this the case?

Friday, August 12, 2016

How the Frankfurt School Changed American Culture / Economics / Economic Theory

By: David_Galland

Dear Parade-Goer,

How many times have you heard someone lament how much the world has changed from the good old days? You know, the simpler pre-PC period when the world operated according to fairly predictable principles.

But then we woke one day in a world with every bastion of what some might called normalcy under attack. Institutions that 100 years ago appeared unassailable—marriage, for example—are increasingly seen as antiquated. Even the idea of a national character is viewed as wrong-minded and, in the successful societies of the West, as exclusionary and even racist.

Friday, August 12, 2016

What Would Future EU-UK Relations Look Like? / Politics / BrExit

By: Arkadiusz_Sieron

We have analyzed the reasons behind the Brexit vote. Let’s turn to the consequences of the Britain’s withdrawal from the EU, which are probably far more important from the investors’ perspective. As we stated in the previous edition of the Market Overview, the exact impact of the potential Brexit depends on the new economic relationship between the UK and the EU. What are the UK’s options outside the European Union?

Friday, August 12, 2016

Crude Oil Price Bottom likely to Propel Dow Industrials Higher / Commodities / Crude Oil

By: Sol_Palha

The minute you settle for less than you deserve, you get even less than you settled for. Maureen Dowd

The chart below clearly illustrates that a relationship exists between crude oil and the Dow.  For most of the 1st half of 2015, oil traded sideways, and the Dow followed suit.  Then, around July of 2015, oil broke down, and the Dow followed in its footsteps.  We see a similar pattern from Nov-Dec 2015; oil headed lower, and the Dow once again followed in its footsteps; so much for the argument that states lower oil prices are conducive for the markets. 

Friday, August 12, 2016

Negative Interest Rate Money “Madness” Sees Gold Buying Surge / Commodities / Gold and Silver 2016

By: GoldCore

Gold buying surged to record levels in H1, 2016 due to increasing concerns about the political, economic and monetary outlook. In particular, deepening concerns about the negative interest rate money “madness” of central banks today.

Heike Hofmann sells fruit and vegetables in Germany. She reacted to negative rates by cutting spending & buying gold bars.

Friday, August 12, 2016

Planned Fracturing of EU Jubilee Year Continues: Greece, Italy, Spain Consider Exiting / Politics / European Union

By: Jeff_Berwick

When we started The Dollar Vigilante in 2010 we stated that the worldwide central banking fiat money system would collapse within the decade.

It was just math.  Government debt continues to mount and the only way to pay interest on the debt is to print more money.  The US government, alone, has doubled its debt in the last eight years, from under $9 trillion to now well over $19 trillion.

Friday, August 12, 2016

Stock Market Strong Positive Session / Stock-Markets / Stock Markets 2016

By: Harry_Boxer

The stock market indices had a very strong session, taking a big leap at the opening to retest the highs, and then backed off sharply. They came on strong and by midday the S&P 500 made new, all-time highs, but when the Nasdaq 100 failed to cooperate, they pulled back, but held. They came on one more time and made a nominal new highs again on the S&P 500 over 2188. Nasdaq 100 again could not make a new high, and they both backed in the last 10 minutes. It was a very positive session.

Friday, August 12, 2016

Here Comes The Stock Market Air Pocket! / Stock-Markets / Stock Markets 2016

By: Brad_Gudgeon

The astro/cycle/wave read between now and August 15th looks for a quick abrupt air pocket of close to 3% in the SPX. At first, I was looking for a Wave 4 pullback to 2132/33 by late Friday, but upon re-examination, I believe it will be more in the order of 2122 by Monday. Normally, lows in the market don’t go past the moon in Sagittarius (late Thursday –Saturday), but I have to remind myself of Uranus Retrograde: expect the unexpected.

Friday, August 12, 2016

Gold 2.0: How to Profit from the Current Gold Bull Market / Commodities / Gold and Silver Stocks 2016

By: The_Gold_Report

After five years of a brutal bear market, gold and gold miners are finally having a huge rebound, and investor Chen Lin, writer of the popular newsletter What is Chen Buying? What is Chen Selling?, sees the parallels to 2009. He highlights nearly a dozen mining companies that have weathered the downturn and are in position to ride the wave higher.

Thursday, August 11, 2016

Natural Gas is Lighter Than Air and Its Rising – I Smell Trading Opportunity! / Commodities / Natural Gas

By: Chris_Vermeulen

During the last stock market top in 2007-2008 the price of natural gas completed a basing pattern (bottom) and broke out and had a massive rally. Will this happen again this time around?

Based on the stock market stage analysis, market sentiment, and the price action of natural gas, it appears the stock market is topping and natural gas is on the verge of a breakout and rally.

Thursday, August 11, 2016

Stock Market Bounce May be Over / Stock-Markets / Stock Markets 2016

By: Anthony_Cherniawski

The hourly chart puts the SPX is a good context for understanding this bounce/retracement. There are virtually no shorts here to run, so the algos are likely to pack up and see what happens. The caution point is where the hourly Cycle Top at 2185.15 and short-term trendline lay.

A reversal/pivot here may give the SPX the momentum to break the next trendline support at 2171.00. Mid-Cycle support is just beneath it at 2169.26, so we may wish to use it as our next short entry point.

Thursday, August 11, 2016

Stock Market: Likely Pullback into Friday / Stock-Markets / Stock Markets 2016

By: Brad_Gudgeon

I tracked the 4/8 TD lows and they point to 3:45 PM EDT Friday for the expected low.  Friday is the 32 TD low +1.  It is also close enough to the 35 TD low due Tuesday next week (35-2).  This would then thrust the market up for 4 to 5 TD's based on the minimum normal out of a16/32 TD low and that is an August 18th or 19th top (August 18 is the full moon/lunar eclipse and Bradley turn/August 19th is OPEX). August 19th is 8 TD's from the August 9 top. August 18th is the exact 66-week top from the May 20/21, 2015 top. IF all goes according to my perceptions, we should see THE top for the year in the stock market next week.

Thursday, August 11, 2016

The Chartology of the Dow Jones Industrial Average ..A Case for Optimism / Stock-Markets / Stock Markets 2016

By: Rambus_Chartology

Lets start off by taking an indepth look at the INDU as a proxy for the other US stock markets. A year ago this month the INDU put in an important low which has held support. A very strong rally ensued which took the INDU up to the 17,975 area where it topped out and began another strong decline. This next decline ended in the same area as the August 2015 low and formed a double bottom which is a reversal pattern.

The next rally phase took out the previous high by 200 points up to 18,167 where the next decline began, but this time the bears could only push the price action down to the 17,330 area which looked like it might be an important low. Then came the infamous BREXIT vote which made a slightly lower low with the INDU closing that day below the 200 day moving average. If you recall markets from all over the world were tanking hard but that decline ended just as fast as it began.

This first daily chart is just a simple look at the price action I described above, with one trendline which I’m calling a support and resistance line, above is bullish and below is bearish. That simple S&R line could also be called a double bottom trendline, which would be a five month double bottom reversal pattern.

Thursday, August 11, 2016

The Irrational Bias Against Gold / Commodities / Gold and Silver 2016

By: Nick_Barisheff

When I conceived of creating an RRSP-eligible, open-end mutual fund that held precious metals without compromising the fundamental attributes of the metals, I thought that such a fund would be embraced by mining company executives, financial advisors, institutions and retail investors – I was wrong.

Thursday, August 11, 2016

The Colombian Peso Going Higher / Currencies / Forex Trading

By: Austin_Galt

The Colombian peso has increased value against the US dollar as laid out in previous analysis, The Colombian Peso!, produced on 21st February 2016 when the USDCOP was trading at 3.358,500. Price is now 2.974,000.
I expect the USDCOP currency pair to continue its decline so let’s review the daily chart.

Thursday, August 11, 2016

Stock Market Some Selling...Oscillators Weak...Will It Matter?... / Stock-Markets / Stock Markets 2016

By: Jack_Steiman

The market tried to sell, but wouldn't after gapping up a bit this morning. It would sell and naturally it would come right back up. This is normal protocol with this market. Today the market tried a bit harder to finally sell some. The question being asked is whether it's the real deal, or not, and to that I say, why judge it! The oscillators on the daily charts stink. Plain and simple. They stink. They're extremely elevated with positive lines trying to cross down below negative lines. They've been overbought over and over for quite some time. These issues unto themselves are reasons to have a pullback. Don't start thinking about bear markets just because we sell some.

Thursday, August 11, 2016

Why the U.S. Benefits from Global Financial Crisis / Stock-Markets / Financial Crisis 2016

By: Clif_Droke

Let’s turn our attention to the global economy.  Last week the Bank of England said it would buy 60 billion pounds of government debt in order to cushion the economy against the impact of the recent Brexit vote.  England and the European Union are emulating the quantitative easing (QE) policies of the U.S. Federal Reserve but so far without any measurable success.

Wednesday, August 10, 2016

Preparing Yourself for US Housing Market Bubble 2.0 / Housing-Market / US Housing

By: Rodney_Johnson

Waiting out Bubble 1.0

I moved to Florida in 2005, just before the housing bubble peaked. Believing that prices couldn’t remain high, we bought a smaller home than we otherwise would have. Renting would’ve been nice, but we couldn’t find a rental in a school district we liked.

Home prices marched higher for six months or so, and the S&P/Case-Shiller 20-City Home Price Index reached 206. Then things slowed down. By late 2006, it was obvious that the housing market had changed. We know what happened next.