Thursday, July 21, 2016
Addicted to Debt - We Can’t Borrow from the Future Anymore / Interest-Rates / Global Debt Crisis 2016
By: John_Mauldin
While everyone was talking about Brexit last month, the Bank for International Settlements released its 86th annual report.
Based in Basel, Switzerland, the BIS functions as a master hub for all the world’s central banks. It settles transactions among central banks and other international organizations. It doesn’t serve private individuals, businesses, or national governments.
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Thursday, July 21, 2016
The Bank of Central Banks Reveals the Biggest Threat to the Global Financial System / Interest-Rates / Central Banks
By: John_Mauldin
The Bank for International Settlements (BIS) is in the unique position of serving global economic stability in general… and central banks in particular.
It functions as a master hub for all the world’s central banks. It settles transactions among central banks and other international organizations. It doesn’t serve private individuals, businesses, or national governments
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Thursday, July 21, 2016
Not Everything Is Bullish for Gold / Commodities / Gold and Silver 2016
By: P_Radomski_CFA
There are quite a few bearish indications that suggest lower precious metals prices are just around the corner. Let's take a look at a few of them (charts courtesy of http://stockcharts.com).
Thursday, July 21, 2016
Don’t Get Sucked Back Into the Stock Market - The Big Picture Hasn’t Changed / Stock-Markets / Stock Markets 2016
By: Casey_Research
By Justin Spittler
Stocks are on a tear right now…
Today, the S&P 500 hit a new all-time high. It topped 2,130 for the first time since May 2015. The benchmark index is now up 6.9% over the past two weeks.
All good, right?
It might seem that way…if we were only analyzing U.S. stocks.
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Thursday, July 21, 2016
Stocks are Pressing Against Their Support Levels / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
SPX is nudging at the Trading Channel trendline at 2170.00. A decline beneath it would be considered an aggressive sell signal. More conservative traders would still consider the trendline at 2160.00 as an aggressive sell signal, instead. Take your pick. There is still time for the trade to develop.
Aggressive traders should be used to whiplash by now. However, there is much to be said about a well-placed trade.
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Thursday, July 21, 2016
Silver – Caught Inside / Commodities / Gold and Silver 2016
By: Dr_Jeff_Lewis
Most short term investors know better. At worst, silver is a survival story. At best it is an investment for the ages.
Some place in between it is an intermediate investment, albeit a very emotional and volatile one. Current financial conditions mandate survival as the primary focus. And the essence of financial survival is return of investment.
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Thursday, July 21, 2016
Gold Price Time For A Bounce, But Probably Not A Bottom Yet / Commodities / Gold and Silver 2016
By: Gary_Savage
Sentiment got a little too bearish and price is bouncing off the 38% Fibonacci retracement. Ideally though I’d like to see one more lower low next week to break the cycle uptrend line before trying to call a bottom.
I’d like to see a bit more bearish sentiment and some panic selling. DCL’s should create fear and cause traders to think price is rolling over. That usually requires a trend line break to get technical traders on the wrong side of the market before price resumes the uptrend.
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Thursday, July 21, 2016
S&P 500 At New All-Time High - Will It 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 now 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
Thursday, July 21, 2016
Did Oil Kill The Dinosaurs? / Commodities / Crude Oil
By: OilPrice_Com
What killed the dinosaurs? It's a question as old as – well the dinosaurs themselves, and one that everyone from school children to scientists have been asking for decades. Movies like Jurassic Park and the Land Before Time only heighten that sense of wonder and raise the stakes behind that question. Now according to a new scientific study, it seems that black gold may have been the source of the dinos' demise.Read full article... Read full article...
Thursday, July 21, 2016
US Dollar's Rise Spells the End of Commodities' Run / Commodities / CRB Index
By: Donald_W_Dony
A steady stream of strengthening fundamentals are driving the U.S. dollar higher. Healthier data from jobs, consumer spending and housing have put a tailwind on the greenback.
Moreover, America's economy is outperforming the weaker economies aboard. And this is setting a backdrop for improved prospects for another rate hike in the months ahead.
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Wednesday, July 20, 2016
Forex: "The Markets Are Getting Exciting!" / Currencies / Forex Trading
By: EWI
Our Senior Currency Strategist explains why
Jim Martens, the editor of our Currency Pro Service, gives you a preview of what's going on in the FX world post-Brexit.
Watch this new interview to learn which markets Jim's keeping his eye on.
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Wednesday, July 20, 2016
Status Quo... Stock Market Bulls In Complete Control... / Stock-Markets / Stock Markets 2016
By: Jack_Steiman
A chart was shown today between gap earnings and the movement of the S&P 500 500. The last time the gap was this disconnected was in 2007, the year before the big market crash. Will history repeat itself? Hard to say back in 2007/2009 we didn't have this type of fed protection against any sustainable market downside action. The fed is making sure things stay positive for the markets, so as to keep the economy moving upward, but it is interesting to note how badly the disconnect has gotten. 2007 disconnect is the answer so let's hope that it doesn't repeat itself for 2017. When you see this type of disconnect, it's also a warning about the human emotion of froth and mania. The bulls are starting to ramp up in a very big way, and we're seeing that in the bull/bears spread, which is now back over 30% (31.1%) for the first time in a very, very long time.
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Wednesday, July 20, 2016
Silver Price Ignition or Money Reasserting: When Silver Investment Demand Merges with Industrial Demand / Commodities / Gold and Silver 2016
By: Dr_Jeff_Lewis
A long time reader and forum member posted the following with a question regarding silver industrial demand:
“The question that begs an answer, is how will this ultimately effect the monetary value of Silver and does that foretell a change in investment strategies?” (Full comment below).
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Wednesday, July 20, 2016
Fracking Bombs In Your Neighborhood / Politics / Fracking
By: Walter_Brasch
Wednesday, July 20, 2016
SPX Meets Another Possible Resistance / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
I have put a second upper trendline on the Orthodox Broadening Top to show how trendlines often act as both support and resistance. In this case, the new trendline appears to be resisting the rally at or near 2165.00. Whether SPX breaks through or not is in question today.
The rally may be complete here, so that is another reason for my report. You may recall that I had suggested that the rally may have hit its intended target at 2157.63, the first time it hit the upper trendline. Since then, the SPX has gone sideways more than higher.
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Wednesday, July 20, 2016
Gold Daily Cycle Low Still Several Days Away / Commodities / Gold and Silver 2016
By: Gary_Savage
Some analysts were expecting gold to form an early Daily Cycle Low. I’ve been warning that gold needs to break the cycle trend line before the DCL can bottom and to beware of a fake out. It turns out I was correct to be patient. I doubt gold will form the DCL until right before, or on the FOMC statement next week. More patience.
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Wednesday, July 20, 2016
China Economic Troubles - Is Kyle Bass Finally Getting His Revenge? / Economics / China Economy
By: Clif_Droke
One of America's most prominent hedge fund managers is betting the farm that China's economic troubles are far from over. His bet centers around the U.S. dollar and by extension several Asian currencies. What happens to the dollar from here will determine whether this man's epic trading positions pays off, and China suffers a major setback, and whether his worst case scenario for the global economic outlook is merely a mirage. If he's right, the outcome of his bet will also affect the commodities market and perhaps even the equities market.
Wednesday, July 20, 2016
Forex Trading: Investors Await Inside Bar Breakout for Clear Direction in USD/JPY / Currencies / Japanese Yen
By: Richard_Cox
The US Dollar (USD) extended upside movement against the Japanese Yen (JPY) on Thursday, increasing the price of USD/JPY to more than 105.00 as bulls gain strength. The technical bias however remains bearish because of a Lower Low in the recent downside move. The pair has formed a great inside bar trade setup after the emergence of a giant candle on 24th June amid Brexit vote. A breakout through the aforementioned candle will provide clear direction for the pair.
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Wednesday, July 20, 2016
Why Derivatives Are So Dangerous to the Financial System - Video / Stock-Markets / Derivatives
By: Mario_Innecco
I'd like to talk about derivatives this evening
there's a lot of talk about derivatives and a lot of people have questions about
the rivers so here we go basically you know derivative is a financial instrument almost like an
insurance on an underlying acid and the modern-day derivatives market really
sprung up in nineteenth-century us in the Midwest especially chicago where you
know people came myou know to sell the grains the cattle and the buyers also came to buy the
grains in the cattle and for example a farmer who grew corn he wanted to lock in a price
you know in the future because he thought the price of corn Michael down
and he needed to know how much money he was going to get he would you know sell
a future in corn and the the buyer of the corn
Wednesday, July 20, 2016
TNX - A little Late But Still Expected / Interest-Rates / US Bonds
By: Ed_Carlson
The high forecast by the Hybrid Lindsay model for early last week was delayed for three days by option expiration. Even if the high is seen today or tomorrow, that would still be within the margin of error for the model. The new high in the Dow probably means that a new Basic Advance began last February but we’ll wait and see what happens during the upcoming pullback before making that “official”.
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