Sunday, April 03, 2016
Enough Americans Have Already Voted – Stock Market Chaos Is Coming! / Stock-Markets / Stock Markets 2016
Once the majority of Americans have made up their mind and voted it will be almost impossible to change the direction of the outcome and change their minds. Unfortunately, the majority has voted and are in agreement with the next major event that will catch most people off guard. While this may sound bad and negative, I feel it is an opportunity of a lifetime.
You may be thinking I’m talking about who will be the next president but that is not it. Although the same theory applies to that as well.
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Sunday, April 03, 2016
Trump’s First 100 Days As President / ElectionOracle / US Presidential Election 2016
Should a billionaire be entrusted to lead the country? Perhaps his only redeeming quality is he’d likely not start WW III.
Interviewed on April 2, he said he’d govern like he campaigns if elected president, a nontraditional Trumpian approach, he explained.
During the height of the Great Depression, Franklin Roosevelt’s first 100 days were historic, a unique post-electoral period. More on it below.
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Sunday, April 03, 2016
Will North Korea and Cuba Ever Be Wealthy? / Politics / Social Issues
Ryan W. McMaken writes: After years of claiming to embrace revolutionary Marxism, the Cuban state is, for reasons of necessity and pragmatism, moving toward becoming a more traditional authoritarian state. Even once Raul and Fidel Castro are dead, it's rather unlikely that the Cuban government will suddenly turn to a political system that leans heavily in favor of relatively free markets. As has been the case with China, the ruling class of Cuba will find ways to perpetuate itself and maintain political control while keeping for itself a substantial amount of the wealth produced by the labors of the common people. It will likely loosen up on its control of the economy because it recognizes that more-free economies are more productive than less-free economies. But, don't look for Cuba to become a haven for entrepreneurship any time soon.
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Sunday, April 03, 2016
UEFA Champions League 2016 T-Shirts Quality Walkers Prizes Delivery 4 / Personal_Finance / Freebies and Comps
It's our fourth delivery of prizes in the PEPSICo Walkers crisps UEFA Champions League easy to win promo. Today, for the first time we find out what the quality of T-Shirts is actually like. So find out in this video if the long wait has been worthwhile or not. The promotion is still running, so you have about 3 more weeks to win your own t-shirts, sharing bowls and footballs so make sure to check out our other videos giving tips on how to maximise wins.
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Sunday, April 03, 2016
Tollerance, Intollerance And Liberty / Politics / Social Issues
Americans have a well-earned reputation for being tolerant. This tolerance goes back to before the very foundation of our country. The original immigrants to Britain’s American Colony often were people escaping some form of oppression in Europe, and thus were quite cognizant and very sensitive to its practice. Landing in America, these early immigrants quickly became tolerant of each other and learned not to be oppressive to others themselves.
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Sunday, April 03, 2016
Gold Getting Stale? – Charts and COTs / Commodities / Gold and Silver 2016
Notice on the very short term chart, a 2 hour run, gold has been in a steady decline since the middle of last month with rallies attracting selling at the key resistance levels noted on the chart.
Price is currently holding below $1212 – $1210.
Initial resistance begins near $1225 and extends higher towards $1228. Above that lies $1237-$1240.
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Sunday, April 03, 2016
California Minimum Wage Hike History / Economics / Wages
California Governor Jerry Brown launched a Political Earthquake proposing a series of minimum wage hikes every year between now and 2022 when the minimum wage hits $15.
The Huffington post reports "The new law will boost paychecks for millions of California workers. More than 40% of California workers earn less than $15 dollars an hour."
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Sunday, April 03, 2016
What New Economic Recovery? / Economics / US Economy
The rise of the ‘dollar store business model’ caters to a disappearing ‘middle class’ who are incurring shrinking incomes. This has made ‘dollar stores’ prosper, in the last decade. Dollar stores, for most Americans, have carried an odd sort of stigma. In the past, these stores were seen as shopping for the poor, only. We are all now aware that many people who were in the once strong American ‘middle class’ were thrown off of the prosperity path and into ‘lower income’ brackets from business layoffs, downsizing, and salary reduction. While regular product companies struggle the expanding ‘dollar stores’ have found a niche in this economic climate. The shrinking ‘middle class’ means more customers for ‘dollar stores’.
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Saturday, April 02, 2016
Gold And Silver – Qrtly, Monthly Charts. No Change In Trends / Commodities / Gold and Silver 2016
“Nothing ever changes on Wall Street. Speculation is as old as the hills. What has happened before in the markets will happen again.” Jesse Livermore
Despite taking his life at the Sherry Netherland Hotel in 1940, at the age of 63, [he considered himself a failure], Livermore is revered by many as the consummate trader.
We often comment on the importance of rules, and our adherence to rules does not come from Livermore, but he always attributed his losses to the times when he failed to follow his rules.
Saturday, April 02, 2016
Stock Markets Still Looking for Interest Rate Clues / Stock-Markets / Stock Markets 2016
By nearly all accounts, stock markets have had trouble gaining momentum over the last year. The S&P 500 is now trading just 0.6% higher for the period -- and while this might seem modestly positive it does not say much for what is essentially a multi-year bull run in the equities space. There are a few different schools arguing for why exactly this is happening but no matter which view you take, nearly every investor is looking for new clues in what is likely to happen in global interest rate changes.
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Saturday, April 02, 2016
Manufacturing Improving.... Jobs Doing Well.... Stock Market Holds Well / Stock-Markets / Stock Markets 2016
The market day started with some nasty futures as the overbought, daily index charts were finally about to unwind some. That would have been great news. An hour before the market opened we got the much anticipated Jobs Report. Overall, it was in line, but it did little to nothing to help the market rally off the lows. The day started out with a gap down, and after being down as much as fifteen points on the S&P 500, we started to slowly, but surely, rally back up a bit, but remained in the red.
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Saturday, April 02, 2016
Wall Street is Coo-Coo for CoCo Bonds - Learn why these new bonds are such risky instruments / Interest-Rates / International Bond Market
The co-editor of our monthly Elliott Wave Financial Forecast newsletter tells you about the emergence of the so-called CoCo bonds, one of the hottest new derivative-backed instruments on Wall Street.
Listen as Peter explains what differentiates them from regular bonds -- and why they're so risky to own.
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Saturday, April 02, 2016
Cost Push Inflation is Another Keynesian Concept the Federal Reserve Believes In - They're Wrong / Economics / Inflation
FRA Co-founder Gordon T. Long is joined by Christopher P. Casey in discussing the decrease in oil price and its potential effect on the global economy.
Mr. Casey is the Managing Director of WindRock Wealth Management, a registered investment advisor and wealth management firm that subscribes to the Austrian school of economics. Mr. Casey is a frequent speaker before a number of organizations and conferences, including USA Watchdog, GoldMoney, Freedom Fest, and various bar associations and radio shows, including weekly financial and economic commentary on The Edge of Liberty (WNJC 1360, Philadelphia). His writings have appeared in a variety of publications and websites including The Ludwig von Mises Institute, Zero Hedge, Family Business, Casey Research, and Laissez Faire Books. He is a board member of the Economics Development Council with the University of Illinois, a Policy Advisor for The Heartland Institute's Center on Finance, Insurance, and Real Estate, and a Chartered Financial Analyst charterholder (CFA®)
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Saturday, April 02, 2016
Gold Stocks Correcting Through Time Not Price / Commodities / Gold and Silver Stocks 2016
Gold Stocks enjoyed a fabulous, near vertical rebound into March yet were in extreme overbought territory. We and many others called for a correction. In recent weeks those other voices have worried excessively about the alleged bearish construction of the CoT. Although Gold and Silver have essentially consolidated with a little weakness, the gold stocks have continued to hold above even initial support. Over the past month they have corrected through time rather than price. The longer gold stocks hold above initial support, the greater the chance they are building a bullish flag consolidation.
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Friday, April 01, 2016
Fed Watchers April Fools in March / Interest-Rates / US Federal Reserve Bank
It may be almost impossible to underestimate the gullibility of professional Fed watchers. At least Lucy van Pelt needed to place an actual football on the ground to fool poor Charlie Brown. But in today's high stakes game of Federal Reserve mind reading, the Fed doesn't even have to make a halfway convincing bluff to make the markets look foolish.
Just two weeks ago, the release of the Fed's March policy statement and the subsequent press conference by Chairwoman Janet Yellen should have made it abundantly clear that the Central Bank policy had retreated substantially from the territory it had previously staked out for itself. In December it had anticipated four rate hikes in 2016, but suddenly those had been pared down to two. Based on the conclusion that the era of easy money had been extended for at least a few more innings, the dollar sold off and stocks and commodities rallied.
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Friday, April 01, 2016
Silver Is Coiled Spring / Commodities / Gold and Silver 2016
Silver's reluctant, sluggish participation in early 2016's powerful gold rally has been glaringly obvious. Instead of amplifying the yellow metal's big gains as in the past, silver largely failed to even keep pace. The lack of silver confirmation for gold's big move has certainly raised concerns. But despite silver's vexing torpidity in recent months, it is a coiled spring ready to explode higher to catch and surpass gold.
Silver has always been something of an investing enigma, somehow combining attributes of a highly-speculative investment, a conventional industrial commodity, and an alternative currency. Silver trades like each from time to time, stymieing attempts to classify it. Silver tends to grind sideways boringly for long periods of time, and then skyrocket higher in bulls of such magnitude that they are celebrated for years.
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Friday, April 01, 2016
Bitcoin Edging Towards Declines / Currencies / Bitcoin
In short: short speculative positions, target at $153, stop-loss at $515.
If you have been wondering what kinds of applications there might be for Bitcoin on Wall Street, apart from settlement work, a new idea has been just highlighted. In an article on the Wall Street Journal website, we read:
Read full article... Read full article...Depository Trust & Clearing Corp., a firm at the center of Wall Street's trading infrastructure, is about to give the technology behind bitcoin a big test: seeing whether it can be used to bolster the $2.6 trillion repo market.
Friday, April 01, 2016
Gold Prices Rise 16% In Q1 – Best Quarter In 30 Years / Commodities / Gold and Silver 2016
– Gold prices gained 16% in Q1 – best quarterly performance since 1986
– Gains due to increasing global financial, macroeconomic and monetary risk
– Stocks come under pressure – Flat in U.S.; Falls in Europe and Asia
– Sterling fell 20% on BREXIT concerns and the euro fell 11% against gold
– Canadian dollar fell 10%, Aussie dollar fell 9% & Swiss franc fell 12% against gold
– Outlook positive as gold and silver remain undervalued
– Reasserted role as safe haven in Q1
Friday, April 01, 2016
Stock Market Forecast for April 2016 - Bull or Bear? (Video) / Stock-Markets / Stock Markets 2016
The supposed great bear market of 2016 has relentlessly trended in the WRONG direction as each hope that the bears clung to once more resolved in another ramping higher of stock prices. The latest best hope being the Fed meeting that was meant to deliver bear market apocalypse and most recently Yellen yelling that the Fed is in no hurry to raise US interest rates that keeps catching market participants by surprise. This despite near 2 months ago we saw the BoJ panic with negative interest rates, and then earlier this month the ECB also panic with negative interest rates!
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Friday, April 01, 2016
Forex Trading - EUR/USD Increases – What About USD/CAD? / Currencies / Euro
Yesterday, the greenback moved sharply lower against the Canadian dollar despite bullish ADP report and declining crude oil prices as sentiment on the U.S. dollar remained weak after Janet Yellen’s speech. As a result, USD/CAD dropped under important support line. How low could the exchange rate go in the coming days?
In our opinion, the following forex trading positions are justified – summary:
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