Thursday, February 11, 2016
Stock Market Sells Yellen's 'Deer in Headlights' Congressional Testimony / Stock-Markets / Stock Markets 2016
By: Mike_Shedlock
Saxo Bank CIO and chief economist Steen Jakobsen phrased Fed Chair Janet Yellen's testimony before Congress this way: "The politicians were rude and pretty much clueless ... and Yellen often looked like a deer in headlights. Her performance today is probably the worst I have ever seen from seasoned central banker!"
Thursday, February 11, 2016
Gain Trading Confidence by Improving Your Elliott Wave Analysis Skills - Video / InvestorEducation / Elliott Wave Theory
By: EWI
A lesson from Elliott Wave International's Jeffrey Kennedy
How do you distinguish between a "good" Elliott wave count and a "bad" wave count?
In this lesson from our educational service for traders called Trader's Classroom, editor Jeffrey Kennedy walks you through the steps you should use to achieve a quality Elliott wave count.
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Thursday, February 11, 2016
Stock Market Positive Divergences...Market Wants Higher....Banks Atrocious....Fed Scary.... / Stock-Markets / Stock Markets 2016
By: Jack_Steiman
The market is begging to move higher based on how far it has fallen in such a short period of time. Quite the intense move lower, but what makes it look so technically bullish short-term is the very powerful positive divergences that exist in many areas of the market. While the S&P 500 and Dow didn't make new lows you can see by the MACD's, if they had, they would have created massive, positive divergences. The Nasdaq has been lagging badly and did make a new low. That new low has the potential for a positive divergence to kick in. The divergence is nowhere near as powerful as those of the S&P 500 and Dow, but a divergence is a divergence, and the Nasdaq has one, smaller in size though it may be.
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Thursday, February 11, 2016
With A Gloomy Start To 2016, A Bust Seems Just Around The Corner / Stock-Markets / Financial Crisis 2016
By: Submissions
Taki Tsaklanos submits: Markets have corrected substantially since the beginning of the year as most of the gains of the past two years have been erased. According to Bloomberg, 40 out of the largest 63 markets have dropped over 20%! The image below shows the performance of markets word-wide since their last peaks. Most markets are in a bear market phase or at best are experiencing a market correction. The world is red!
Thursday, February 11, 2016
Through the Looking Glass on Interest Rates / Interest-Rates / Credit Crisis 2016
By: John_Browne
On January 29th, Japan's central bank governor, Haruhiko Kuroda, announced that the Bank of Japan would introduce a Negative Interest Rate Policy, or NIRP, on bank reserve deposits held in excess of the minimum requisite. The European Central Bank, and central banks in Switzerland, Denmark and Sweden have already partially blazed this mysterious trail. The banks have done so in order to weaken their respective currencies and to light a fire under inflation. Swiss national bonds now carry negative rates out to maturities of eleven years, meaning investors must lock up funds for eleven years to receive even a small positive nominal return!
Thursday, February 11, 2016
Felix Zulauf talks Financial Repression and Warns of What is Ahead / Stock-Markets / Financial Crisis 2016
By: Gordon_T_Long
FRA Co-founder Gordon T. Long recently interviews Felix Zulauf, Founder and President at Zulauf Asset Management AG.
Felix Zulauf has worked in the financial markets and asset management for almost 40 years. He started his investment career as a trader for a large Swiss Bank and received training in research and portfolio management thereafter with several leading investment banks in New York, Zurich and in Paris. Felix joined Union Bank of Switzerland (UBS), Zurich, in 1977 and held several positions over the years including managing global mutual funds, heading the institutional portfolio management unit and at the same time acting as the global strategist for the UBS Group. After two years with a medium-sized Financial Organization as a member of the executive board, he founded his wholly owned Zulauf Asset Management AG in 1990, allowing him to independently practice his own individual investment philosophy.
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Wednesday, February 10, 2016
UK Interest Rates, Economy Forecasts 2016 and 2017 - Video / Interest-Rates / UK Interest Rates
By: Nadeem_Walayat
Is the UK 6 year long panic low of 0.5% interest rates over? Are rates about to start on a trend towards normalisation as the Bank of England Governor Mark Carney was stating would happen barely 6 months ago? Or will the Bank of England remain paralysed by fear of a banking sector armageddon? And what are the interest rate implications from Britain's forthcoming EU referendum i.e. the risks of BrExit that could trigger much market uncertainty.
Wednesday, February 10, 2016
World Markets Are in Sync / Stock-Markets / Financial Markets 2016
By: Anthony_Cherniawski
Good Morning!
In order to understand what is happening to SPX, we must also look at the other major indices to gain a perspective.
Yesterday the Nikkei declined to, but below a major support, otherwise known as a head & Shoulders neckline. This morning I can say that the Nikkei Index broke that support and is poised for the follow-through.
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Wednesday, February 10, 2016
If You Miss Buying Gold – You Will Regret, it Later / Commodities / Gold and Silver 2016
By: Chris_Vermeulen
If you held LinkedIn, in your portfolio, you have lost more than 43% of your investment within a single day, and it is most likely to decline even further. In the current situation of flux, it is difficult to find an asset class where you can safely deposit your money. The stock market is dropping and has entered a bear market, the crude oil market continues to hit new yearly lows while, base metals have no buyers, making it difficult to find an asset class where one can invest. But in the sea of red, the oasis will be Gold.
Wednesday, February 10, 2016
The Fed Doesn't have a Clue! / Interest-Rates / US Federal Reserve Bank
By: Axel_Merk
"The Fed doesn't have a clue!" - I allege that not only because the Fed appears to admit as much (more on that in a bit), but also because my own analysis leads to no other conclusion. With Fed communication in what we believe is disarray, we expect the market to continue to cascade lower - think what happened in 2000. What are investors to do, and when will we reach bottom?
Wednesday, February 10, 2016
Mutual Funds, ETFs at Risk of a Run Warns David Stockman / Stock-Markets / Financial Crisis 2016
By: GoldCore
In one of his starkest warnings yet, Former White House Budget Director (Office of Management and Budget, OMB), David Stockman has warned that banks and the global financial system remain vulnerable and there is likely to be another global financial crisis which will be worse than the first involving “a run on mutual funds and ETFs.”
Wednesday, February 10, 2016
Gold Obvious $1200 Cycle Top / Commodities / Gold and Silver 2016
By: Gary_Savage
I have to wonder if gold is going to give us the obvious cycle top at $1200 and reward all the shorts that sold yesterday, and reward the longs who took profits"
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Wednesday, February 10, 2016
How Far Can Gold Price Go? / Commodities / Gold and Silver 2016
By: Bob_Kirtley
Gold has broken higher through its long term downtrend line with the most recent rally. This break begs the question of how much longer gold can continue rallying. In this article we analyse the technical situation for gold to determine at what level gold is likely to cease rallying, the fundamentals in play, and what would have to change to cause a new bull market in gold.
Wednesday, February 10, 2016
Comparison of Current US Stock Market Performance to that in 2008 and 2000 / Stock-Markets / Stock Markets 2016
By: Submissions
Rajveer Samuel Rawlin writes: A look back at stock market performance in two major bear market years of 2000 & 2008 reveals some interesting findings:
First lets look at the S & P 500 Chart in 2000:
Wednesday, February 10, 2016
Stock Market Wave Structure and Time / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
The 10-minute chart again offers us the best clues as to the structure of the market moves.
Linking this together with the Cycles Model which expects a Primary Cycle Pivot tomorrow, it suggests a powerful reversal down in a third wave. Originally I had interpreted Wednesday’s Pivot as a Cycle Bottom. However, today’s late afternoon high altered that perception.
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Wednesday, February 10, 2016
Stock Market Panic Decline is Still on the Agenda / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
SPX has managed to remain flat all day. The final hour is when the institutional investors weigh back in. Do you think it may have been ramped for their benefit?
The panic decline is still on the agenda.
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Tuesday, February 09, 2016
One Chart Depicts Economic Recovery 100% Fiction / Economics / Unemployment
By: Sol_Palha
Anything I've ever done that ultimately was worthwhile... initially scared me to death.Betty Bender
They say a picture is worth a thousand words and this chart is probably worth a lot more. It illustrates how the BLS has been lying through its teeth over the past seven years. Then again anyone with a grain of common sense could figure out that the retarded methodology the BLS employs is bound to create the illusion that all is well. They purposely discount individuals that have stopped looking for work in coming up with their unemployment numbers. Hence, the 5% figure is not an accurate reflection of the landscape. The chart below provides a more realistic view of the unemployed in the U.S and in some areas we believe that the numbers could be more than 30%
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Tuesday, February 09, 2016
WMD - Weapons of Mass Destruction / Stock-Markets / Financial Crisis 2016
By: DeviantInvestor
“WMD” also is “Wasteful Monetary Devastation.”
WASTEFUL: We all know that governments spend money in wasteful ways and compensate with higher taxes, deficits, huge debt, “printed currencies” and inflation. “Bridges to nowhere,” various wars, and “giveaways” benefit a few at the expense of many.
MONETARY: Printing and digitally creating many trillions of dollars, euros, yen, or pounds may temporarily bail out banks and governments but in the big picture they destroy capital and weaken the economies of the nations which are deluding themselves.
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Tuesday, February 09, 2016
FEAR TRADE: Metals Up, Stocks and Jobs Down / Stock-Markets / Financial Markets 2016
By: MoneyMetals
Clint Siegner writes: Precious metals have risen sharply in recent days as investors looked for alternatives to the stock market and U.S. dollar. Both gold and silver pushed through important technical resistance levels. Metals bulls hope to see markets enter a virtuous cycle; improving charts followed by more speculative long interest leading to improved charts.
Tuesday, February 09, 2016
It's Stock Market Panic Time! / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
The Nikkei 225 Index is in the news this morning. It declines to 16085.44 in their overnight session. That’s right. It is down 918.86 points. This puts it just above its Head & Shoulders neckline. There’s a lot more to come should the neckline be broken.
The futures are down 1129.50, or 15871.50. ZeroHedge reports, “With China offline for the rest of the week, global markets have found a new Asian bogeyman in the face of Japan which as reported last night saw its markets crash, and the Yen soar, showing that less than 2 weeks after the BOJ unveiled NIRP, yet another central bank has lost control.”
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