Monday, February 08, 2016

NDX, Banks and EuroStoxx All Tumble / Stock-Markets / Stock Markets 2016

By: Anthony_Cherniawski

NDX gapped down 76.48 points, putting it well beneath its Head & Shoulders neckline and its prior low.

ZeroHedge comments, “Just over two weeks ago, JPM's Marko Kolanovic, whose unprecedented ability to predict short-term market moves is starting to seem a little bizarre, warned that the next "significant risk for the S&P500" was the bursting of the "macro momentum bubble." Specifically, he said that there is an emerging negative feedback loop that is "becoming a significant risk for the S&P 500" adding that "as some assets are near the top and others near the bottom of their historical ranges, we are obviously not experiencing an asset bubble of all risky assets, but rather a bubble in relative performance: we call it a Macro-Momentum bubble."

Monday, February 08, 2016

Gold, Investment Leadership Changes Permanent? / Commodities / Gold and Silver 2016

By: Ned_W_Schmidt

In the Summer of 2015 a major discontinuity occurred in financial markets. That which was, was no longer. That which had not been, suddenly was. Reasons for that abrupt shift in the character of financial markets are not entirely clear. Was it exhaustion of both bullish and bearish runs? Was the anticipation of an interest rate increased so certain that financial markets began to immediately incorporate such an event? Whatever, Gold related investments now clearly dominate returns and growth fantasies have collapsed. That shift may be more permanent than many acknowledge.

Monday, February 08, 2016

Stock Market Panic Decline Begins... / Stock-Markets / Stock Markets 2016

By: Anthony_Cherniawski

Good Morning!

SPX has plunged below 1860.00 this morning, challenging the Broadening trendline. Due to its position, the Broadening Flag appears to be a consolidation that allows the index to continue its former trend. I am not yet labeling the decline because the declining pattern may take several paths. Thus far, the pattern suggests that it may not stay at the trendline very long. Its next target appears to be at or below the Head & Shoulders neckline.

Monday, February 08, 2016

How to Save Money By Growing Your Own Homegrown Tomatoes Indoors From Seeds / Personal_Finance / Money Saving

By: Sami_Walayat

February is the right time of year to get started growing your own vegetables of which given the high shop prices tomatoes should be at the top of ones list. In this comprehensive guide spanning a whole years worth of growing I will show how literally anyone, even a child can easily grow hundreds of tomatoes indoors in a small pot from seed germination, to planting, to hand pollination, to pruning and then enjoying the fruits for a whole years worth of money saving crops of healthy fresh organically home grown tomatoes, good for your financial and physical health as well as delivering a lot of self satisfaction.

Monday, February 08, 2016

Gold and Silver Up 5% Last Week As Stocks Fall Sharply / Commodities / Gold and Silver 2016

By: GoldCore

Gold and silver surged over 5% last week as concerns about the U.S. and global economy saw more sharp stock market falls and reduced expectations of the Fed increasing interest rates.

Monday, February 08, 2016

Crude Oil's True Message / Commodities / Crude Oil

By: Michael_Pento

The pervasive narrative on Wall Street is that the collapse in oil prices will, any second now, restore consumers to their profligate spending ways. In fact, financial pundits have been calling for plunging energy prices to imminently rescue the economy for the past 18 months. Most importantly, these same gurus, who love to espouse the benefits of a collapse in oil prices, never connect the dots to what this collapse says about the state of global growth. Instead they argue it is solely a function of a supply glut that is the result of increased production.

Monday, February 08, 2016

UK Mortgage Fees Hit 21-month High / Housing-Market / Mortgages

By: MoneyFacts

With over 4,500 mortgage products for borrowers to choose from it’s unsurprising that those seeking the most cost-effective deal can become confused by the array of choice available.

Assessing the overall value of a mortgage is becoming even more crucial as research from Moneyfacts.co.uk shows that borrowers are now stumping up more cash to arrange a mortgage, with the average mortgage fee today being a full £68 higher than in June 2014 - a 21-month high.

Monday, February 08, 2016

US Economy Slides One Step Further Towards A Recession / Currencies / Recession 2016

By: Dr_David_J_Harris

SUMMARY:

This article reviews whether the US is potentially sliding towards an economic recession, as defined by NBER.

• The St. Louis FED publishes a monthly report that presents the output from its smoothed US recession probabilities model.
• The model covers the period from June 1967 to the present day, and during this period there have been seven US recessions, as defined by the National Bureau of Economic Research (NBER).
• The FED model has three false positives and zero false negatives. All three false positives were within two years of a US recession starting, so they can be considered as early indicators of a recession rather than false positives.

Monday, February 08, 2016

Gold Bear Market Bottom : Mr. Bear has left the PM Sector for Greener Pastures / Commodities / Gold and Silver 2016

By: Plunger

Goldtent, it appears the great gold bear of 2011-2016 has now ended. Mr Bear has now completed his work of cleaning up all the garbage and malinvestment created by reckless management teams over the past 15 years. Our sought after ultra low of HUI 66 where we were all going to ring the bell and back up the truck is not going to happen in my opinion. The bottom is in! This is my first and only call of a bear market bottom since the bear started in 2011. Its been brutal, but I believe its over. This is my best judgment based on the pieces of the puzzle I see.

Monday, February 08, 2016

Falling Oil Prices Not the Reason for U.S.’s Economic Woes / Economics / US Economy

By: Antonius_Aquinas

The dramatic fall in the global price of oil is being cited by the financial press, government officials, and academia as the catalyst for the recent abysmal U.S. economic data which shows that the economy is, in all likelihood, sliding into a recession or worse.

While falling oil prices sound like a plausible explanation for the abysmal financial numbers, anyone with a modicum of economic sense (which excludes much of the financial Establishment) can see that it is merely a smokescreen to obfuscate the real culprit.

Monday, February 08, 2016

Silver Price Workup / Commodities / Gold and Silver 2016

By: Dan_Norcini

Silver finally managed to push through its upside resistance just above the $14.50 level this week and attracted some additional upside follow through as the US Dollar weakness brought on the macro trade (Dollar down - BUY commodities). For that matter copper also rallied, as did platinum. Clearly the latter two metals are not moving higher based on signs of increasing demand but rather because of those macro trades just referenced. It is purely a matter of money flows related to the movements in the foreign exchange markets, especially considering that fact that the preference in the markets at the moment is generally RISK AVOIDANCE.

Monday, February 08, 2016

Government Mandatory Depression Screening is A Depressing Thought / Politics / Government Intervention

By: Dr_Ron_Paul

The United States Preventive Services Task Force recently recommended mandatory depression screening for all Americans. The task force wants to force health insurance companies to pay for the screening. Basic economics, as well as the Obamacare disaster, should have shown this task force that government health insurance mandates harm Americans.

Monday, February 08, 2016

Stock Market At Important Support / Stock-Markets / Stock Markets 2016

By: Andre_Gratian

Current Position of the Market

SPX: Long-term trend - Severe correction underway.

SPX: Intermediate trend - Is the counter-trend rally over?

Monday, February 08, 2016

David Cameron Humiliated in Poland Over Refusal to Stop Taking UK Benefits, BrExit or Super State? / ElectionOracle / EU_Referendum

By: Nadeem_Walayat

The British Prime Minister, David Cameron within days of waving a white piece of paper 'Chamberlain' style received form the EU's Donald Tusk, has since been busy trying to put up a propaganda smoke screen of success of negotiations for the British public to swallow in the run up the UK's EU Freedom Referendum, literally seen begging Eastern European states to play a long with the charade so as to hood wink the British people into giving up their very final chance of attaining freedom from the emerging EU super state.

Sunday, February 07, 2016

Why Crude Oil Prices Could Continue FALLING From Here / Commodities / Crude Oil

By: Jesse

By Brett Eversole

Sunday, February 07, 2016

Stock Market S&P, NAS Best, Most Reliable Answers Come From The Market And You / Stock-Markets / Stock Markets 2016

By: Michael_Noonan

Almost everyone is searching for answers about what to do in the stock market. The two best sources are the market itself, and the second source will surprise many, but it is you! No one has a greater vested interest in your financial interests than you when it is your money on the line, at risk. The inherent problem with this simple solution is that few ever consider either source as the best solution.

Wall Street, such a big mystery. Not really. The only mystery about Wall Street is the thieves who run it. Like the Wizard of Oz, Wall Street does not want you to look behind the curtain to discover all of the fraud, the greed, and the purely self-motivated financial interests that are opposite to yours.

Sunday, February 07, 2016

Western Double Standards on North Korea / Politics / North Korea

By: Stephen_Lendman

North Korean military related activities are solely for self-defense - given longstanding US-led Western hostility and forced isolation.

Provocative US-led NATO military activities are far more extensive and menacing, preparing for premeditated wars alliance members frequently wage.

Sunday, February 07, 2016

Gold and Silver Cup and Handle - How Sweet It Is / Commodities / Gold and Silver 2016

By: Jesse

“After spending many years in Wall Street and after making and losing millions of dollars I want to tell you this: it never was my thinking that made the big money for me. It was always my sitting. Got that? My sitting tight!

Those who can both be right and sit tight are uncommon. I found it one of the hardest things to learn.” Jesse Livermore

I had such a feeling that these jokers were going get stuffed on the usual Non-Farm Payrolls precious metals hit. And I may have had some modest wagers in that direction from this morning.

Sunday, February 07, 2016

Stocks Bear Market Continues / Stock-Markets / Stock Markets 2016

By: Tony_Caldaro

The market started the week at SPX 1940. On Monday the market rose to SPX 1947 and then traded down to 1872 by early Wednesday. Then the market rallied to SPX 1927 early Thursday, only to selloff again and end the week at SPX 1880. For the week the SPX/DOW lost 2.35%, the NDX/NAZ lost 5.70%, and the DJ World index lost 2.20%. Economic reports for the week were again biased negatively. On the uptick: personal income, construction spending, consumer credit, Q1 GDP, plus the unemployment rate improved. On the downtick: ISM manufacturing/services, the ADP, factory orders, monthly payrolls, the WLEI, plus weekly jobless claims and the trade deficit worsened. Next week will be highlighted by FED chair Yellen’s semiannual monetary policy report to Congress.

Sunday, February 07, 2016

Silver COT Paving Way for Sustained Upside Breakout Sharp Rally / Commodities / Gold and Silver 2016

By: Clive_Maund

Like gold, the bearmarket in silver should be brought to an end by the dollar breaking down, and especially the powers that be resorting to massive global QE in a last desperate effort to beat back the forces of deflation caused by gargantuan debts that are strangling the life out the world economy. Since you cannot beat the problems caused by debt by creating more debt, the end result of this will be the ruin associated with hyperinflation - and you don't to be a genius to work out what will happen to the prices of both gold and silver when that happens. The timing of the launch of the big global QE program will determine when gold and silver really take off in a big way, but it cannot be far off.