Tuesday, June 07, 2016
Gold Stocks Be Prepared / Commodities / Gold and Silver Stocks 2016
By: Rambus_Chartology
There are two patterns I'm watching very closely in here on the HUI which will be a proxy for the rest of the PM stock indexes. This first chart is daily chart which shows the three small consolidation patterns that have formed since the January low. The top pattern basically completed its fourth reversal point today which is an expanding falling wedge. One of two things will most likely happen tomorrow. If this is the correct consolidation pattern then we will most likely see a breakout gap above the top rail which should lead to the next impulse move up. The second scenario would be to see the top rail hold resistance and a move down to the bottom rail of the expanding falling wedge where the 38% retrace would come into play around the 183 area. This pattern is complete except for the breakout.
Tuesday, June 07, 2016
Crude Oil Price Is Due for a Correction / Commodities / Crude Oil
By: The_Energy_Report
Technical analyst Jack Chan demonstrates the divergence between oil equity prices and the underlying commodity.
Tuesday, June 07, 2016
Slow Death Of Markets / Stock-Markets / Financial Markets 2016
By: InvestingHaven
In our May webinar, we discussed how hard markets have become, and how to invest in them. The key trend we identified is that central banks are distorting market behavior and capital flows. As our webinars are actionable, we analyzed several ways to deal with these markets and still be profitable.
Tuesday, June 07, 2016
The Illusion of Falling Official 'Unemployment' Fades / Economics / Economic Statistics
By: MoneyMetals
Friday's employment report featured the headline unemployment rate falling from 5.0% to 4.7% - which is a huge move lower. About the only encouraging aspect of the report is that markets largely ignored the fantasy headline for a change and focused on the ugly details. Nearly everyone acknowledged the report as bad news and markets reacted accordingly.
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Tuesday, June 07, 2016
Bad U.S. Jobs Report Prompts Stocks Bear Market Rally Towards New All Time Highs! / Stock-Markets / Stock Markets 2016
By: Nadeem_Walayat
Friday's US jobs report was apparently one of the worst of President Obama's presidency, that saw the US economy add a good 100k fewer jobs than the market consensus was expecting (38k against 160k). That and severe profits warnings from the likes of the mega-bank Citicorp sowed the seeds for what the bears had been praying for all year, finally the bear market that apparently began in August 2015 was now set to resume with a vengeance with even some calling for an opening flash crash!
Monday, June 06, 2016
U.S. Jobs Report Means Don’t Bank On Interest Rate Hikes! / Interest-Rates / US Interest Rates
By: Chris_Vermeulen
This past Friday, June 3rd, 2016, The Bureau of Labor Statistics released their most recent report regarding new employment data and nonfarm payroll employment which indicates that during May of 2016, it was the smallest increase seen in 28 months.
During May of 2016, there were 144,592,000 payroll jobs within the US, which was up by 1.6 percent, or equivalent to 2.3 million jobs, from May of 2015 (These are all not-seasonally-adjusted numbers).
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Monday, June 06, 2016
First Majestic Silver Stock Soars / Commodities / Gold and Silver Stocks 2016
By: Zeal_LLC
First Majestic Silver has been one of the world’s best-performing stocks in 2016, nearly quintupling at best in recent months. This outstanding Canadian silver miner runs extensive operations in Mexico, and is one of this metal’s purest producers. Despite its blistering run this year, First Majestic remains incredibly well-positioned to greatly leverage silver’s mean reversion higher. Investors should take a look.
First Majestic Silver’s amazing fundamentals won me over as a fan years ago, and I definitely have a dog in this fight. As silver was grinding along near major secular lows late last year, we recommended a new long-term investment in First Majestic at $3.20 in our monthly newsletter. Then in mid-January as silver stocks languished, we added another new First Majestic trade at $2.51 in our weekly newsletter.
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Monday, June 06, 2016
Germany May Be a Bigger Threat to the European Union than Brexit / Politics / European Union
By: John_Mauldin
Two polls were recently released that call the European Union in question.
A poll in Italy reported that the Five Star Movement (a populist political party that wants to hold a referendum on whether Italy should remain in the European Union) was the most popular political party in the country ahead of local elections scheduled for next month.
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Monday, June 06, 2016
A Crisis of Exporters Is Brewing—and That Has Massive Global Economic Implications / Economics / Global Economy
By: John_Mauldin
BY GEORGE FRIEDMAN
The global system has reached a breaking point. All the pressures that have built up over the months and years have finally begun to tear it apart. There is much to tell, but for today, I will mention only three countries: China, Saudi Arabia, and Germany.
From 1991 to 2008, the consensus was that more exports make an economy stronger. This was true until 2008. However, the exporter is only as strong as his customer’s appetite and ability to buy what he sells. When demand falls, what was once a strength becomes a weakness.
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Monday, June 06, 2016
3 Signs the German Economy Is Falling Apart / Economics / Germany
By: John_Mauldin
Germany is the world’s fourth-largest economy. It is also Europe’s largest economy, and any European economic recovery depends a great deal on Germany’s trajectory.
Germany is also the third-largest exporter in absolute terms in the G20 and is nearly as dependent on exports as Saudi Arabia and South Korea. The country, therefore, must export vast amounts to maintain social and political stability.
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Monday, June 06, 2016
The Keynesians Stole The Jobs / Economics / Employment
By: Dr_Ron_Paul
Late last week the markets were shocked by a surprisingly bad May jobs report - the worst monthly report in nearly six years. The experts expected the US economy to add 160,000 jobs in May, but it turns out only 38,000 jobs were added. And to make matters worse, 13,000 of those 38,000 were government jobs! Adding more government employees is a drain on the economy, not a measure of economic growth. Incredibly, there are more than 102 million people who are either unemployed or are no longer looking for work.
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Monday, June 06, 2016
Stocks Report, European Commission in Panic Over New Brexit Opinion Poll / Stock-Markets / Stock Markets 2016
By: Christopher_Quigley
In 17 days time, on the 23rd. of June, Britain goes to the polls to decide whether to stay in the European Union or not. Should Great Britain opt to leave it will send financial and political shock waves around the world. Many believe a win for the leave faction would put Europe’s stressed banking system under such pressure that a “Lehman Brothers type event” could occur, the main candidate being Deutsche Bank with its 75 trillion derivative exposure. Thus June 2016 could turn out to be one of the most volatile trading months in financial history.
Monday, June 06, 2016
SPX Still Working on Final Wave? / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
SPX is challenging its Thursday afternoon high at 2105.26. It appears that it is still working on Wave 5. This may be the final thrust ending near 2110.00. If so, it may not change the wave structure illustrated in the chart.
Monday, June 06, 2016
S&P 500 Still At 2,100 Mark - Which Direction Is Next? / Stock-Markets / Stock Markets 2016
By: Paul_Rejczak
Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,140, and profit target at 2,000, S&P 500 index).
Our intraday outlook is bearish, and our short-term outlook is bearish. Our medium-term outlook remains bearish, as the S&P 500 index extends its lower highs, lower lows sequence:
Intraday outlook (next 24 hours): bearish
Short-term outlook (next 1-2 weeks): bearish
Medium-term outlook (next 1-3 months): bearish
Long-term outlook (next year): neutral
Monday, June 06, 2016
A Beacon of Hope in UK Savings Market / Personal_Finance / Stock Markets 2016
By: MoneyFacts
Thanks to dismal savings rates, savers can be forgiven for thinking that there is little to gain from switching savings accounts away from familiar high street providers. However, research from Moneyfacts.co.uk can reveal that this is not the case and that savers would actually be able achieve far better rates of return from the newer kids on the block.
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Monday, June 06, 2016
Now Obama Warns Americans to ‘Be Prepared’ for Disaster… What Does He Know? / Stock-Markets / Financial Markets 2016
By: Jeff_Berwick
Recently Barack Obama urged citizens to be prepared. He broke this new ground in a May 31st speech to the FEMA National Response Coordination Center in Washington.
He explained that it was up to each citizen to be prepared for disasters. This preparation should extend to “having an evacuation plan” and “having a fully stocked disaster supply kit.”
Read full article... Read full article...One of the things that we have learned over the course of the last seven and a half years is that government plays a vital role, but it is every citizen’s responsibility to be prepared for a disaster. -Barack Obama
Monday, June 06, 2016
Gold Mixed Signals or a Clear Path Forward? / Commodities / Gold and Silver 2016
By: Gary_Tanashian
Last week’s opening paragraph: “If we are going to highlight improving fundamentals, which we did as gold out performed commodities and stock markets, then we also have to highlight and respect eroding fundamentals; no ifs, ands or buts.”
This week’s opening paragraph: If we are going to highlight eroding fundamentals, which we did as gold under performed commodities and stock markets and Semi Equipment made an early positive economic indication, then we also have to highlight and respect improving fundamentals; no ifs, ands or buts.
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Monday, June 06, 2016
Stock Market Spy Decision Imminent! / Stock-Markets / Stock Markets 2016
By: Submissions
Joseph VanDerveer writes: Below is a Daily Chart of SPY. I would like to point out a few observations, starting with the two rising wedges that take a little imagination but bare with me.
Watch the lower trendline going forward specially when we are passing a potential 6 month cycle top noted on the chart with two dashed vertical lines.
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Monday, June 06, 2016
You Are Here, the Next Fourth Turning, No More Room to Increase Leverage / Politics / Social Issues
By: James_Quinn
The next Fourth Turning is due to begin shortly after the new millennium, midway through the Oh-Oh decade. Around the year 2005, a sudden spark will catalyze a Crisis mood. Remnants of the old social order will disintegrate. Political and economic trust will implode. Real hardship will beset the land, with severe distress that could involve questions of class, race, nation and empire. The very survival of the nation will feel at stake. Sometime before the year 2025, America will pass through a great gate in history, commensurate with the American Revolution, Civil War, and twin emergencies of the Great Depression and World War II." - Strauss & Howe - The Fourth Turning
Monday, June 06, 2016
Stock Market Consolidation Or Distribution? / Stock-Markets / Stock Markets 2016
By: Andre_Gratian
Current Position of the Market
SPX Long-term trend: A lengthy correction is most likely underway!
SPX Intermediate trend: The H&S pattern has been invalidated and the index is re-testing the upper portion of its trading range.
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.
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