Monday, May 16, 2016
Stock Market Rally Back to the 4.5-year Trendline / Stock-Markets / Stock Markets 2016
SPX is above its 50-day Moving Average this morning. This has caused overlap in the decline and indicated something more bearish may result. Assuming that today’s Pi date is forecasting another Master Cycle low imminently, the overlap creates a (i)-(ii), i-ii scenario that suggests a flash crash may be in the making. This may be followed up by a plunge beneath the Head & Shoulders Neckline at 2040.00. The retracement may go as high as the 4.5-year trendline.
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Monday, May 16, 2016
Donald Trump, the King of Debt Seeks US Presidency / ElectionOracle / US Presidential Election 2016
During a lengthy interview on CNBC the week before last, Donald Trump, fresh from becoming the presumptive Republican nominee, came as close as any major presidential contender ever has to saying that America is not capable of repaying her debts in full, and that our path to economic recovery might involve some pain for our creditors. This moment of candor earned Trump almost as much condemnation as his earlier suggestions to ban Muslims from entering the United States.
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Monday, May 16, 2016
Stock Market Futures Flat. Mixed Signals Abound / Stock-Markets / Stock Markets 2016
SPX Premarket has been flat up until now. There may be a better indication of direction closer to the open.
The attempts at a bounce have been technical and haven’t had a large effect. ZeroHedge reports, “The main risk over the weekend was that markets, which have now dropped for three consecutive weeks the longest negative streak since January, would focus their attention on the latest batch of negative Chinese economic news released over the weekend, which missed expectations across the board, most prominently in Retail Sales (10.1% vs. Exp. 10.6%, down from 10.5%) and Industrial Production (6.0% vs. Exp. 6.5% down from 6.8%), an
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Monday, May 16, 2016
Stock Market Mixed Expectations Following Friday's Move Down - Will It Continue Lower? / Stock-Markets / Stock Markets 2016
Briefly: In our opinion, no speculative positions are justified.
Our intraday outlook is neutral, and our short-term outlook is neutral. Our medium-term outlook remains bearish, as the S&P 500 index extends its lower highs, lower lows sequence:
Intraday outlook (next 24 hours): neutral
Short-term outlook (next 1-2 weeks): neutral
Medium-term outlook (next 1-3 months): bearish
Long-term outlook (next year): neutral
Monday, May 16, 2016
Watch Out For Fees When Using Your Credit Card Abroad / Personal_Finance / Credit Cards & Scoring
Holidaymakers who are preparing to take a trip abroad may be busily sorting out their travel money and packing their last-minute essential items, which probably includes their debit or credit card.
Despite being a convenient payment method when at home, the latest research by Moneyfacts.co.uk reveals that debit cards and most credit cards charge for use abroad, which is why holiday-goers should consider taking out a more cost-effective card if they expect to use their plastic during a trip.
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Monday, May 16, 2016
Stock Market First Support Level Re-Tested / Stock-Markets / Stock Markets 2016
Current Position of the Market
SPX Long-term trend: The beginning of a lengthy correction is most likely underway!
SPX Intermediate trend: May be in the process of forming a H&S bull market top.
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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Monday, May 16, 2016
Defense Bill Coming This Week: A Boost for War and Tyranny / Politics / US Military
For many of us concerned with liberty, the letters "NDAA" have come to symbolize Washington's ongoing effort to undermine the US Constitution in the pursuit of constant war overseas. It was the National Defense Authorization Act (NDAA) for 2012 that introduced into law the idea that American citizens could be indefinitely detained without warrant or charge if a government bureaucrat decides they had assisted al-Qaeda or "associated forces that are engaged in hostilities against the United States." No charges, no trial, just disappeared Americans.
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Sunday, May 15, 2016
Union, Not Brexit, Threatens World Peace and Stability / ElectionOracle / EU_Referendum
Britain’s David Cameron has it backwards, warning Brexit threatens continental peace - calling support for the move “reckless and irresponsible,” risking Britain’s economic stability, leaving it “permanently poorer.”
Former London Mayor Boris Johnson hit back, saying Britain’s economy is independent of EU membership. The union doesn’t preserve peace, and supporting Brexit isn’t anti-European.
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Sunday, May 15, 2016
Why Britain Must Choose Brexit Despite the Economic Damage All Economists Say She Will Suffer / ElectionOracle / UK EU Referendum
Petros Diplas writes: Because Britain must maintain its current enviable and prestigious geopolitical position in the world and if possible to make it even stronger, not only for the sake of "History and the Empire" but also for an even greater future enrichment of herself. Because Britain’s area of interest is the entire world and not a subset which is Europe. Europe is good for Britain as long as it helps her in her global goals.
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Sunday, May 15, 2016
How Referenda Threaten the EU / ElectionOracle / EU_Referendum
Forecast
- In the coming years, national governments, opposition groups and civil society organizations will increasingly turn to popular votes to decide a broad range of EU-related debates.
- National governments will probably use referenda (or, more likely, the threat of them) to demand concessions from the European Union, to justify domestic decisions or to increase their own popularity.
- Votes will take place against a backdrop of growing nationalism and fear of globalization, and the results will likely freeze or reverse the process of EU integration.
Sunday, May 15, 2016
EU Referendum Opinion Polls Neck and Neck Despite Operation Fear, Support BrExit Campaign / ElectionOracle / EU_Referendum
The average of the latest EU referendum opinion polls put the LEAVE and ReMAIN camps virtually neck and neck on 44% with 12% undecided, which compares against a month ago of 42% LEAVE and 48% REMAIN, 10% undecided. So it is no wonder that the REMAIN camp has gone into panic mode with a relentless torrent of fear mongering emanating from the establishment REMAIN camp.
The narrowing of the polls is even more remarkable given that Brexiters are financially outgunned by at least 10 to 1 as the government has been calling on a litany of state funded favours from the likes of President Obama, Bank of England Governor Mark Carney, IMF Chief Lagaard and even ex Prime Ministers such as Gordon Brown and John Major all of whom have been busy this week reading from the establishments fear script in an attempt to frighten the British people into PERMANENTLTY giving up ANY chance of attaining FREEDOM from the emerging anti-democratic European Superstate.
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Sunday, May 15, 2016
Stock Market Cycle Low Next Week - Video / Stock-Markets / Stock Markets 2016
Transcript excerpt: in today's video I'm going to go over what i think is going to transpire next
week in a row also going to refute the notion that this is a daily cycle
so-called cycle experts calling this daily cycle low and they're claiming
that the intermediate cycle is rolling over that is correct in order to qualify
as a daily cycle oh yes to be deep enough for long enough to turn sentiment
at least modern Lee Parrish preferably extremely bearish one of the technical
signs of a daily cycle lows that it will be moving average down and you can see
this little three date did a dip in early April did not it was not deep enough for long enough to turn today
Sunday, May 15, 2016
‘Print the Money’: Trump’s ‘Reckless’ Proposal Echoes Franklin and Lincoln / ElectionOracle / US Presidential Election 2016
“Reckless,” “alarming,” “disastrous,” “swashbuckling,” “playing with fire,” “crazy talk,” “lost in a forest of nonsense”: these are a few of the labels applied by media commentators to Donald Trump’s latest proposal for dealing with the federal debt. On Monday, May 9th, the presumptive Republican presidential candidate said on CNN, “You print the money.”
The remark was in response to a firestorm created the previous week, when Trump was asked if the US should pay its debt in full or possibly negotiate partial repayment. He replied, “I would borrow, knowing that if the economy crashed, you could make a deal.” Commentators took this to mean a default. On May 9, Trump countered that he was misquoted:
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Sunday, May 15, 2016
Walkers Crisps 'Spell and Go' Holidays Tesco Bagging Area Instant Win! / Personal_Finance / Freebies and Comps
There are several ways to win a prize in the Walkers Crisps Spell and Go Promotion. Apart from the instant wins in the individual crisp packets (not multi-packs), there are also the Tesco bagging area wins where you can win anything from a pair of sun glasses to a holiday! See our our experience about it in this video -
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Saturday, May 14, 2016
The Trump Factor - The Art of the Double-Dealing Megalomaniac / ElectionOracle / US Presidential Election 2016
Savannah State University in Georgia will offer a three-credit course this summer, “The Trump Factor in American Politics.” The professor is Dr. Robert Smith, who says the students will read Trump’s policy statements and excerpts from Trump’s books, and then discuss his political philosophies.
Many people may believe this is a terrible waste of any student’s mind and tuition payments. Some may even claim there are other courses that have higher value in the American educational system. For example, Rutgers offers “Politicizing Beyonce,” Skidmore College offers “The Sociology of Miley Cyrus,” the University of Missouri offers a class to better understand Kanye West and Jay Z, and hundreds of colleges have courses that look at the lives and views of strange people known as philosophers.
Saturday, May 14, 2016
Gold Mining Stocks - Getting A Heartbeat / Commodities / Gold and Silver 2016
PricewaterhouseCoopers LLP (PwC) has recently released their 48th annual British Columbia Mining Report.
We all know commodity prices have been on a downward trend for the past five years. We also know several mines in the province have been put on care and maintenance and many early stage projects have seen their funding dry up.
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Saturday, May 14, 2016
Transportation Recession Signals Retail Problems Ahead! / Economics / Recession 2016
Financial Repression and the Structural Concerns for the Retail Market
FRA co-founder Gordon T. Long is joined by Wolf Richter to discuss the struggling retail market and its subsequent impact on the U.S economy as a whole which are a result of the recent financial crisis.
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Saturday, May 14, 2016
Walkers Crisps 'Spell & Go' Letters K,C and D Only Way to Win? / Personal_Finance / Freebies and Comps
So far we have entered just over 100 wakers crisp packet codes, for 100 letters and now have every letter except K, C, and D. Which confirms our earlier analysis that the letters K, C, and D are being with-held and not given out randomly. Having looked deeper into the promotion it is highly likely that the winning letters K,C and D will....
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Saturday, May 14, 2016
The Fed Is Finally Coming Clean About Inflation / Interest-Rates / Inflation
For years the Fed has been lying about inflation.
There are many methods of doing this, but the simplest was to use a “measure” of inflation that did not actually measure inflation at all.
This is the famous Consumer Price Index of CPI. It is meant to measure inflation, but ignores obvious costs of living items like food and energy usage.
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Saturday, May 14, 2016
Beating Analyst Expectations Is All That Matters / Stock-Markets / Corporate Earnings
Read carefully. I just report what I read.
‘Zillow shares surge as quarterly loss narrows’.
CVS had a ‘healthy’ earnings report. Sales rose but earnings actually fell by 6%. How is that ‘healthy’?
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