Sunday, May 01, 2016
Gold Stocks XAU Reversion to the Mean / Commodities / Gold and Silver Stocks 2016
Regression to the mean. There is one universal law in this business and it never never gets broken. Price always regresses to the mean. This one is like death and taxes. It is never violated. And the further price stretches in one direction the harder it moves back once the trend comes to an end.
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Sunday, May 01, 2016
Walkers Crisps Spell & Go Win 20,000 Holidays - Getting Started, How to Play / Personal_Finance / Freebies and Comps
Walkers Crisps have just started a new promotion called Spell & Go where you can win one of 20,000 4 star holidays for 4 people worth either £4000 or £1500 each! So in this video I explain how to get started in this new Walkers / Pepsico promotion that sounds really amazing, 20,000 holidays up for grabs! ???
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Saturday, April 30, 2016
Consensus Forming: China Heading Back Into Financial Crisis / Stock-Markets / Financial Crisis 2016
China’s historic post-2009 debt binge flew largely under the radar — fooling most observers into thinking the global economy was recovering rather than just re-leveraging.
Now Beijing is back at it, borrowing over $1 trillion in this year’s first quarter, buying up commodities and creating the illusion of global growth. But this time the scam hasn’t gone unnoticed. Reporters, editors and money managers seem, at last, to be catching on. Some representative headlines:
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Saturday, April 30, 2016
The Next Technical Price Targets for Gold & Silver / Commodities / Gold and Silver 2016
I have pointed out earlier, gold is forming a possible short-term top. It is on the verge of completing a bearish ‘Head and Shoulder’ pattern. The pattern is confirmed if gold closes below $1220/oz. The downside pattern target for this setup is $1138/oz.
If gold starts to rally and breaks out to the upside, then we should see the $1396 level be reached based on technical analysis.
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Saturday, April 30, 2016
How Much Longer Until Stock Market Bubble Bursts? / Stock-Markets / Liquidity Bubble
It’s been a rough week for stocks.
Traders gunned for 2,100 on the S&P 500 time and again. All of those efforts failed to hold. And this was despite the Fed failing to raise rates again.
The market is now rolling over and likely to test the downward trendline established by a series of lower highs in 2015. Currently this level is around 2,030 or so.
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Saturday, April 30, 2016
Stock Market Downtrend Should be Underway / Stock-Markets / Stock Markets 2016
The market started the week at SPX 2092. On Monday the market pulled back to SPX 2072, rallied to 2097 on Tuesday, pulled back to 2082 ahead of the FOMC statement, then rallied to 2100 after it was released. On Thursday the market pulled back to SPX 2086, rallied to 2099, declined to 2052 on Friday and ended the week at 2065. For the week the SPX/DOW lost 1.25%, and the NDX/NAZ lost 2.80%. Economic reports for the week were generally positive. On the downtick: new home sales, consumer confidence/sentiment, the Chicago PMI and Q1 GDP was lower. On the uptick: durable goods, Case-Shiller, pending home sales, the PCE, personal income/spending, and the WLEI. Next week’s reports will be highlighted by the monthly Payrolls report and the ISMs.
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Saturday, April 30, 2016
Lucifer! Former Speaker Boehner Blasts Cruz / ElectionOracle / US Presidential Election 2016
John Boehner minced no words, calling Cruz “Lucifer in the flesh,” adding “I have never worked with a more miserable son-of-a-***** in my life.”
Trump sounds almost mild, calling him “lying Ted…a hypocrite…a nasty guy. Nobody likes him. Nobody in Congress likes him. Nobody likes him anywhere once they get to know him.”
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Saturday, April 30, 2016
Gold And Silver – A Clarion Alarm Call For All Paper Assets / Commodities / Gold and Silver 2016
Perhaps the most successful Ponzi scheme of all has been the Rothschild-led takeover and sapping of the entire United States since the American Civil War that started in 1861. The final stages were set with the not-so-lawfully-passed but fully implemented Federal Reserve Act on 23 December 1913. The fact that it purportedly passed two days before Christmas, when the custom was for no legislation to be enacted, while most politicians were en route or already home for the holidays, and the main opponents for this specific Act were indeed absent when the vote was made before a select skeleton group that stayed in Washington to ensure “passage” of the Act, this was all a huge red flag that was kept hidden from the public.
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Saturday, April 30, 2016
Stock Market Hits Headwinds On Earnings, Economic Data And Technical's.... / Stock-Markets / Stock Markets 2016
The market has had a nice run in to the worst possible economic reports, and mostly poor earnings reports. We know why. It's called low rates. Even though we're seeing a slowing down in our own back yard, with a 0.5% reading on GDP, the market has been reluctant to fall. Very frustrating if you're a bear since you seem to be getting exactly what you need, but you haven't been seeing the market fall. Until this week. Finally, some real selling with the Nasdaq down roughly 3%. The S&P 500 down as well, but not as hard, and I'll discuss why that's the case shortly. There are numerous reasons for the fall. We did hit 70 RSI on most of the daily index charts recently, but, more importantly, we also have been showing negative divergences on those same daily index charts, and that can be a lethal combination for the market short- to medium-term.
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Saturday, April 30, 2016
US Economic Statistics LIES, LIES AND OMG, MORE LIES / Economics / Economic Statistics
It’s that time of year again. It’s open enrollment for health plans at my employer. They are biggest employer in Philly and have the most leverage possible with the insurance companies. They have such good leverage that my premiums are going up “only” 9.8% this year for a basic HMO plan. Based on what I hear from others, I should be thankful for just a 9.8% increase.
This isn’t a new development. Since I’ve been tracking all my expenditures using Quicken since 1991, I know exactly what my annual health insurance costs have been every year. Obamacare was passed in 2009 and began to be implemented in 2010. Obama declared that families could expect $2,500 of savings per year. I know for a fact my annual medical expenses were $2,000 higher in 2015 than they were in 2010.
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Friday, April 29, 2016
Gold Stocks: Extended but More Upside Potential / Commodities / Gold and Silver Stocks 2016
What a move in the gold stocks! The sector has refused to correct for more than a few days at a time. All weakness has been bought as a wall of worry has been built and the sector emerges from a historic low that could be on par with the 1942 low in the stock market. I thought the Federal Reserve statement or reaction to it (along with the market’s overbought condition) might cause the sector to correct this week. Instead, GDX and GDXJ powered higher and have gained roughly 13% for the week.
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Friday, April 29, 2016
Did Shanghai Just Blow a Hole in the Old Gold Market? / Commodities / Gold and Silver 2016
I did not want the day to pass without posting a few words on gold’s significant push to the upside, now trading just shy of the $1300 mark. To be sure, the dual positions with respect to rates on the part of the Bank of Japan (to stand pat) and the Federal Reserve (to remain ultra-dovish) played a role in the dollar’s recent weakness and gold’s strength. Those determinants though, in my view, are only part of the story, and the few percentage point drop in the dollar against the yen over the past week is really not enough to justify a nearly $60 rise in the price of gold over the past five trading sessions. The bigger determinant has been China’s underpinning of the gold price on two different occasions over the past week after it had taken a major turn to the downside in New York trading.
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Friday, April 29, 2016
Stock Market Strong Elliott Wave Relationship is Developing / Stock-Markets / Stock Markets 2016
So far, sub-Minute Wave (iii) is more than 3.38 times the size of sub-Minute Wave (i). This suggests a strong Fibonacci relationship in this decline. This is the Wave relationship we are looking for in this decline. I am still looking for Minute Wave [i] to reach the 50-day Moving Average, or possibly exceed it.
At this rate, Minute Wave [i] may be complete today with a bounce on Monday morning. But things may also speed up at any time.
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Friday, April 29, 2016
Fed's Kaplan: Brexit to Factor in US June Interest Rate Decision / Interest-Rates / US Interest Rates
Federal Reserve Bank of Dallas President Robert Kaplan spoke with Bloomberg Television's Betty Liu, Mark Barton, and Michael McKee today. He discussed his expectations for a consumer rebound, his support of a rate hike if GDP and jobs data come together, and how the U.K. Brexit debate will factor into the Fed's next interest rate decision.
On how much Brexit will influence the Fed, Kaplan said: "It'll be a factor...Our meeting is the 15th and 8 days later is the vote. I'm going to have to make an assessment on June 15 what the likelihood is, and right now, it's a little bit unclear -- or it's unclear. Forget a little bit, it's unclear. And if it's still unclear on June 15, that's going to be a factor."
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Friday, April 29, 2016
Silver Miners Strong in Grim Q4 / Commodities / Gold and Silver Stocks 2016
The silver miners showed impressive fundamental strength during 2015’s grim fourth quarter. That was the worst silver suffered in many years, a perfect-storm trough with major secular lows fueling extreme bearish sentiment. Traders feared this entire industry faced an existential threat, so they fled in terror from silver stocks. But silver miners’ strong operational performances aced that severe trial with flying colors.
Q4’15 may seem like ancient history now, but it was exceedingly important for the entire precious-metals realm. Gold slumped to a miserable 6.1-year secular low in mid-December, on the day after the Fed hiked rates for the first time in 9.5 years. That was wildly irrational based on market history, which has proven gold thrives during Fed-rate-hike cycles with big average gains. Gold hadn’t seen lower prices since Q4’09.
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Friday, April 29, 2016
Is Silver a better bet than Gold in the Near Future? / Commodities / Gold and Silver 2016
Last week, the beginning of April 18th, 2016, silver was on fire, rising sharply and forcing ‘Wall Street’ to take note of its move, though, many investors believe that gold and silver are one and the same, one can hold either in your portfolio and earn the same returns? the truth is far from that!
In reality, though both silver and gold are considered precious metals and over the long-term, they have a high degree of ‘correlation’ in their movements, but in the short-term, for the active investor, both offer opportunities at different times.
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Friday, April 29, 2016
Stock Market Decline Continues / Stock-Markets / Stock Markets 2016
SPX may be in for a short-term bounce as it approaches the 2-hour mid-Cycle support at 2062.81. If so, it may not last. The more important support and potential target for this decline appears to be the 50-day Moving Average at 2028.50.
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Friday, April 29, 2016
What's Going on with Gold? - Video / Commodities / Gold and Silver 2016
Gold is in the final phase of the baby bull rally. This is the stage that causes maximum pain for shorts that were unable to recognize that the bear market is over, or tried to sell short (I warned and warned traders not to short a baby bull).
This is also the stage that causes maximum anxiety for longs who aren’t in the market. This is the time when the bull tries to get as many traders as possible to panic in at the top so as to catch them in the first reaction.
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Friday, April 29, 2016
US Dollar Meltdown Underway as Fed Credibility Evaporates - Video / Currencies / US Dollar
Transcript Excerpt: It's Friday April 29 2016 early here in london it's nine o'clock in the
morning so 4 a.m. New York time while in the us- and I'm making this video just
to talk about the dollar but the galleries crashing you most people and
even I have focused on the dollar yen on the yen been strong but you know we've
broken through the lows of the year and we had the lowest level since October
2014 that the dollars at 107 12 right now against the yen we had a key support
which was to prove you know earlier this month the low one of seven sixty and we
went down way to 10 689 and you know there's talk about that the Bank of Japan
Friday, April 29, 2016
How to Use the CoT Report in Gold Investing? / Commodities / Gold and Silver Stocks 2016
The CoT report enables investors to peek behind the scenes of the gold futures market and to better understand the psychology of the marketplace and, thus, get a better idea of futures moves on the market. This is because the COT report shows the net long or short positions of different types of traders. The knowledge of how traders are positioned is useful, but what really matters are changes in their positions. Knowing that, for example, non-commercials have 175,000 contracts long is meaningless without the supplementary information whether they are accumulating more or starting to unload contracts over time.
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