Thursday, January 07, 2016

Stock Market Negative Expectations Again, Following Asian Markets' Rout / Stock-Markets / Stock Markets 2016

By: Paul_Rejczak

Briefly: In our opinion, no speculative positions are justified.

Our intraday outlook is now neutral, and our short-term outlook is neutral:

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): bullish

Thursday, January 07, 2016

Crude Oil Price Breakdown! / Commodities / Crude Oil

By: Nadia_Simmons

Trading position (short-term; our opinion): Short positions (with a stop-loss order at $39.12 and an initial downside target at $33.66) are justified from the risk/reward perspective.

On Tuesday, crude oil lost 2.47% as a stronger greenback pushed the price lower. As a result, light crude extended losses and broke below important support line. What impact could it have on future moves?

Thursday, January 07, 2016

Another China Yuan 2% Devaluation Coming Up? Explaining Chinese Capital Flight / Currencies / China Currency Yuan

By: Mike_Shedlock

Another Yuan Devaluation Coming Up?

Currency trends suggest another yuan devaluation is coming up. Specifically, the gap between the mainland China yuan (renminbi) to the US dollar, vs. the offshore floating rate of the yuan to the US dollar is now at a record high.

The reason there are two rates is China has tight controls on the range the yuan trades in China, but the yuan floats outside China.

Thursday, January 07, 2016

Emerging Market Currencies Hit the Skids / Economics / Emerging Markets

By: AnyOption

Investors, equities traders and global analysts were shocked when the Shenzhen Composite Index and the Shanghai Composite Index opened to a 7% decline on Monday, 4 January 2015. That alarm bells sounded and markets were shut down is testament to the precarious predicament of Chinese equities. As the world's second largest economy, China weakness has a devastating effect on the fortunes of developing countries and developed countries alike. Such was the negative sentiment around the sharp declines in Chinese equities, mutual funds and foreign funds (with an emphasis on Asian stocks), that global bourses also moved south. The situation is being compounded by sharp declines in oil prices, with oil futures for February setting fresh new lows.

Thursday, January 07, 2016

Stock Market Bears Trying....Bull-Bear Nearing Zero... / Stock-Markets / Stock Markets 2016

By: Jack_Steiman

What an interesting night we had last night. N. Korea blowing up a hydrogen bomb and causing a 5.2 earthquake. China had a terrible services number and also put a ban on selling. Government intervention to save its own hide at its best. The markets didn't take well to the news overall as one would expect. This caused a gap down in our futures below key 1993 S&P 500 support. Not to worry. As usual, the market found a way to hold off the bears. Seven years of this, so that was no surprise to anyone. It's an old story.

Thursday, January 07, 2016

Crude Oil Price Tanks but Oil Tankers are Filling Up and Raking it In / Commodities / Crude Oil

By: Sol_Palha

"A man, when he wishes, is the master of his fate." ~ Jose Ferrer

While oil continues to drop, there is one sector connected to the oil market that is doing rather well. It is the oil tanker sector, and while oil is trading at 11-year lows, many stocks in this sector are already posting double digits gains over the past 12 months. This sector looks appealing both from the Contrarian and Mass psychology perspective for the following reasons.

Wednesday, January 06, 2016

ISM a Leading Indicator of Jobs? Why 2016 Will Shock to the Downside! / Economics / Employment

By: Mike_Shedlock

ISM a Leading Indicator of Jobs?

I expect monthly jobs reports in 2016 will shock to the downside. Before I list all the reasons, here's an interesting chart that suggests manufacturing ISM is a leading indicator of jobs.

Wednesday, January 06, 2016

GBPUSD And Natural Gas Elliott Wave Analysis / Currencies / British Pound

By: Gregor_Horvat

GBPUSD

GBPUSD is at new low so obviously wave 4 is already completed at 1.4815 with another sharp correction. We see current price in wave 5, final leg within an extended wave 3) that can be underway towards 1.4550 area where we see some Fibonacci ratios that can act as a support. That said, traders must be aware of turn up into a new corrective rally as we approach end of the week.

Wednesday, January 06, 2016

Financial Repression Authority Predicts Massive Tax Grab Coming in 2016 at All Levels of Government / Politics / Taxes

By: Gordon_T_Long

A Massive 'Tax Grab' Must Now Be Expected

The Financial Repression Authority sees the massive government tax grab already quietly underway accelerating in 2016 in most of the developed economies.

Wednesday, January 06, 2016

Stock Market Retracement Underway / Stock-Markets / Stock Markets 2016

By: Anthony_Cherniawski

SPX is struggling with the 2-hour Cycle Bottom resistance at 2001.88 in a probable retracement Wave (c). Yesterday’s bounce high at 2021.94 appears very near the 38.2% retracement level, using today’s new low as the starting point. The 50% retracement level is at 2033.50, not far from Intermediate-term resistance at 2039.72.

Wednesday, January 06, 2016

SPX Gapping Down Hard / Stock-Markets / Stock Markets 2016

By: Anthony_Cherniawski

Good Morning!

The SPX is set for a massive gap down. The Premarket is -36.00 as I write.

The key may have been the Chinese “surprise” devaluation. ZeroHedge writes, “Less than a month ago, and just days after the Yuan was finally inducted into the IMF's hall of reserve currency fame, the Chinese Foreign Exchange Trade System, a part of the PBOC, made it very clear that what was about to happen would not be pretty, when it announced - in a statement which clearly everyone ignored - that going forward it would index the relative strength of the CNY not to the USD but the a basket of currencies (against which the USD to which it is pegged has been soaring).“

Wednesday, January 06, 2016

Gold Price Up On Mid East, Asia Risk – January Best Monthly Performance / Commodities / Gold and Silver 2016

By: GoldCore

- Gold up 2.5% in January on stock falls, Korea nuclear test, Middle East tensions
- Gold up an average of 4.4% in January over past decade
- January positive month for gold and silver

Gold prices hit a four-week high today over $1,088 per ounce, extending gains for the third day and leading to a 2.5% gain year to date. Deepening concerns over the indebted Chinese economy saw falls in stock markets again and tensions rose in Asia and the Middle East.

Wednesday, January 06, 2016

America's Right-wing Fascism, Millennials and why good people must do something. And the time for doing it is Now / Politics / US Politics

By: Michael_T_Bucci

America is to be judged by its citizens, not its politicians. But if Americans lose contact with one another; substitute real, tangible realities with virtual ones projected on internet and television screens; refuse to engage in the democratic process and choose passivity over involvement, nihilism over hope, fatalism over self-determination; remain complacent about if not ignorant of US actions and wars in the world; adopt definitions of themselves that are crafted by self-serving special interests, profiteers or merchants of war and hate running now for president from both political parties, they lose all concepts of who they are, what they stand for, and what really constitutes American values. As it stands, Americans are on the cusp of recognizing that they are losing their historic identity, or the one they embraced before 9/11. Some might feel "I like it just the way it is." Others might not and blame the government, blame the Fed, blame an ethnic minority, blame Obama, blame the other party, blame the terrorists, blame Islamists or blame today's "Hitler of the Moment", Vladimir Putin, whose endorsement of Donald Trump has signaled alarm bells even among some Kremlin defenders.

Wednesday, January 06, 2016

Stock Market’s Remaining Pillars Are Crumbling / Stock-Markets / Stock Markets 2016

By: John_Rubino

Once every decade or so investor credulity reaches a point where even seasoned money managers buy into the notion of “one decision” stocks — that is, shares of companies so insanely great that they’re virtually guaranteed to keep going up. Valuation is irrelevant, as is the state of the economy. Nothing matters but the unbeatable business model/technology/visionary leadership of such companies, so owning their stocks is as close to risk-free investing as it’s possible to get.

Wednesday, January 06, 2016

Gold Market, Two Charts / Commodities / Gold and Silver 2016

By: Denali_Guide

As you build a model of the trend  you want to find in a Sector or stock that has a trend you can find.  Better yet if you can catch it while it changes trend from down to up.
            Compare the left chart, GIMBO with the RIGHT hand chart, DIMBO. If we are constructing a model of a chart of a stock or sector we want to buy into, which one typifies the best situation that can be there for us : Bottoming, ready to move up, LEFT HAND SIDE, or CRESTING or ROLLING OVER with no decisive trend outlined.

Wednesday, January 06, 2016

Examining Top Foreign Investments for 2016 / Stock-Markets / Investing 2016

By: Submissions

Larissa James writes: While there are plenty of sound investments to be made in the United States in 2016, wise investors are expanding their horizons beyond domestic soil. In fact, many investors are choosing to place a majority of their portfolios overseas. And while there’s no need to move all of your assets, there are some solid foreign plays that you should know about as we enter 2016.

Wednesday, January 06, 2016

Future of Corporatism in 2016 / Politics / Corporate News

By: BATR

Economists, stock pickers and financial analysts are eager to play the forecast game. Clients of these erudite soothsayers would like you to believe that their study of trends and markets are founded on empirical maxims. What they carefully avoid admitting is that predicting the political climate is even more important than knowing the direction that monitory central banking will follow. 2016 promises to be a pivotal year. Depend upon the overactive drive of a lame duck President to complete his task of ruining the economy before he leaves office.

Wednesday, January 06, 2016

Investors Green Energy Trend Is Your Friend / Commodities / Energy Resources

By: The_Energy_Report

David Talbot of Dundee Capital Markets forecasts uranium demand growth of about 6% compounded annually through 2020, which ought to be more than enough to kickstart depressed U3O8 prices. Nuclear energy is part of a growing trend away from fossil fuels toward green energy and things like lithium-ion batteries for cars and energy storage. Talbot explains that lithium demand is expected to grow even faster than uranium demand, and the market is already undergoing a supply deficit. In this interview with The Energy Report, he offers his top picks in the uranium and lithium spaces, as well as a graphite name, all poised to ride the green energy trend higher.

Tuesday, January 05, 2016

Are We Headed for Another Economic Bust? / Economics / US Economy

By: Frank_Shostak

On Wednesday December 16, 2015, Federal Reserve Bank policymakers raised the federal funds rate target by 0.25 percent to 0.5 percent for the first time since December 2008. There is the possibility that the target could be lifted gradually to 1.25 percent by December next year.

Tuesday, January 05, 2016

Silver Rides a Runaway Expense Train / Commodities / Gold and Silver 2016

By: DeviantInvestor

The US government will spend nearly $4 Trillion this fiscal year – starting last October 1.  Of course it projects a massive deficit, increasing national debt, uses “funny” accounting, and does not address unfunded liabilities.

Business as usual…

Examine the last 100 years of US government expenditures and national debt – on a log scale in $ millions.  Note that official government expenses have increased from about $750 million to about $4 Trillion, an increase by a factor of over 5,000.