Saturday, November 14, 2015
Paris Attacks = President Marine Le Pen AND Massive Euro Devaluation / Politics / France
Earlier today, articles started appearing about the rise of France’s right wing, anti-immigration National Front party in recent polls. This wasn’t a surprise given the ascendancy of formerly fringe political movements in most European states. See, for instance, Portugal Is Potentially A Very Big Deal.
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Saturday, November 14, 2015
Stocks, Gold and Commodities Elliot Wave Theorist Analysis / News_Letter / Financial Markets 2015
The Market Oracle NewsletterSept 15th, 2015 Issue # 18 Vol. 9
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Saturday, November 14, 2015
Paris Terror Attacks, Islamic State Attempting to Spark Civil War in France / Politics / France
Last night 8 Islamic State terrorists went on a highly co-ordinated pre-planned rampage across France's capital city Paris, the latest death toll is put at 127 killed and probably many more injured. Though the toll could have been many times higher if the terrorists had succeeded in gaining entry to France's national football stadium full of 70,000 fans whoalong with the French President Hollande were watching a friendly football match between France and Germany.
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Saturday, November 14, 2015
RED ALERT: Paris Terror Attacks - What to Expect Next / Politics / ISIS Islamic State
Update (6:00 CST): According to French media reports, French security forces have stormed and secured the Bataclan theater. The attackers apparently used grenades inside the main concert hall, Aujourd'hui Paris reported Nov. 13. Details are still emerging.
As many as 60 people died Nov. 13 in multiple terrorist attacks throughout Paris. At least five gunmen – likely jihadists judging from witness's accounts – conducted the attacks.
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Saturday, November 14, 2015
S&P 2020 Critical....Is Stocks Bear Market Already Here? / Stock-Markets / Stock Markets 2015
If we look at this market we can see the S&P 500 has lost all of its moving averages, although the 200- and 50-day exponential moving averages are right above today's close. They are both at 2037, so we can still get back fairly easily with one small rally. The problem is directly below. If we visit the S&P 500 daily chart we can see that on September 17 of this year we touched 2020, and then immediately tailed off and fell hard, all the way down to 1871. From there the market rallied once again, and hit 2020 for four candle sticks before finally breaking out. Once it broke out it back tested again with four candle sticks. A breakout then occurred, thus, 2020 is critically important support. Losing 2020 by a few points is not a breakdown, but you get the idea. You don't want to lose 2020 with force.
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Saturday, November 14, 2015
US$ Breakout Could Unleash Capitulation in Gold and Silver / Commodities / Gold and Silver 2015
Last Friday we wrote that precious metals were very oversold and due for a bounce or a pause. We also argued that the overall prognosis remained very bearish. The technicals argue for more downside and sentiment indicators remain far from bearish extremes. The strength in the US$ index is another reason precious metals should remain under pressure. If the US$ index makes a strong break above 100 it could trigger a final wave of liquidation in Gold and Silver.
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Saturday, November 14, 2015
Gold Mining Stocks May Be The Buy Of The Century / Commodities / Gold and Silver Stocks 2015
The Dow Jones has been falling all week and continues lower today on this Friday the 13th.
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Saturday, November 14, 2015
Discussion of the Stock Market Wave Formation / Stock-Markets / Stock Markets 2015
It appears that SPX has stopped declining so far at the hourly Cycle Bottom support. It may now be challenging the Broadening Top trendline at 2045.00 from beneath. This may be a sub-Minute Wave (iv) of a Minute Wave [iii], which suggests a further decline to either the 50-day Moving Average at 2007.51 or to Round Number support at 2000.00.
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Saturday, November 14, 2015
Do Credit Spreads Move the Gold Price? / Commodities / Gold and Silver 2015
Although the bond prices do not drive the price of gold, the spreads between prices of bonds or yields - the different sides of one coin - with different risk level may be an important factor for the gold market. Why? Credit spread is a spread between two securities that are almost identical, except for quality rating. Because Treasuries are considered practically risk-free, they constitute a benchmark to which other bonds are compared. Thus, credit spread usually shows a spread between Treasury securities and identical (except rating) non-Treasuries. In other words, credit spread indicates the risk premium for investing in one (risky) security over another (considered to have almost no risk).
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Saturday, November 14, 2015
Black Monday 1987 Stock Market Crash Real Secrets for Successful Trading / News_Letter / Financial Crash
The Market Oracle NewsletterOct 19th, 2015 Issue # 22 Vol. 9
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Saturday, November 14, 2015
Homo Sapiens Rationalensis Diverging From Revelation to the Apocalypse / News_Letter / Evolution
The Market Oracle NewsletterOct 18th, 2015 Issue # 21 Vol. 9
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Saturday, November 14, 2015
The First Prophet - Homo Sapiens Shrinking Brains Diverging Species / News_Letter / Evolution
The Market Oracle NewsletterOct 18th, 2015 Issue # 20 Vol. 9
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Saturday, November 14, 2015
War on Cash, Bank of England Planning Hyper QE, Scrapping Cash for Digital Currency / News_Letter / Credit Crisis 2015
The Market Oracle NewsletterSept 22nd, 2015 Issue # 19 Vol. 9
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Saturday, November 14, 2015
Stock Market Dow Trend Forecast for September to December 2015 / News_Letter / Stock Markets 2015
The Market Oracle NewsletterSept 13th, 2015 Issue # 17 Vol. 9
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Friday, November 13, 2015
Absurd Gold Stock Levels / Commodities / Gold and Silver Stocks 2015
Gold stocks have suffered heavy collateral damage following the Federal Reserve’s hawkish surprise late last month, which ignited enormous gold-futures selling by American speculators. This devastated sector has been battered back down near last summer’s deep secular lows. But these gold-stock price levels are fundamentally absurd, the product of extreme and irrational sentiment that can’t persist for long.
Today’s gold-stock price levels are the greatest fundamental disconnect in the entire stock markets, an epic opportunity for contrarian investors and speculators! The entire gold-mining industry is trading as if the price of gold, the overwhelmingly-dominant driver of its profits, was just a small fraction of prevailing levels. Gold stocks are radically underpriced fundamentally based on their current and future earnings power.
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Friday, November 13, 2015
Brutal Economic News As The World Rolls Over / Economics / Global Economy
Brutal news is pouring in from pretty much everywhere.
US retail sales are flat and wholesale prices are falling. Big retail chains are missing on earnings and seeing their shares plunge.
Chinese nonperforming loans are soaring while imports, car sales and steel production are way down.
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Friday, November 13, 2015
The U.S. Shadow Interest Rate Casts Gloom / Interest-Rates / US Interest Rates
Nearly 92% of economists surveyed this week by the Wall Street Journal expect that our eight-year experiment with unprecedented monetary easing from the Federal Reserve will come to an end at the next Fed meeting in December. Since we have had the monetary wind at our back for so many years, at least a few have begun to question our ability to make economic and financial gains against actual headwinds. But in reality, the tightening cycle that the forecasters are waiting for actually started last year. Sadly, the markets and the economy are already showing an inability to handle it.
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Friday, November 13, 2015
The “Bloodbath” in Canada Is Far From Over / Commodities / Canada
By Justin Spittler
The oil price crash continues to claim victims…and many of them are in Canada.
The price of oil hovered around $100 for most of last summer. Today, it’s trading for less than $45.
Weak oil prices have pummeled huge oil companies. The SPDR S&P Oil & Gas Exploration & Production ETF (XOP), which tracks the performance of major U.S. oil producers, has declined 36% over the past year. The Market Vectors Oil Services ETF (OIH), which tracks U.S. oil services companies, has declined 30% since last November.
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Friday, November 13, 2015
Russia Sees Gold Reserves As “Additional Financial Cushion” In Face Of “External Uncertainties” / Commodities / Gold and Silver 2015
- Gold and FX reserves are “additional financial cushion” for state in face of “external uncertainties”
– Russia bought another 77 tonnes of gold in Q3
– Ruble volatility does not create risks for financial stability in Russia
– Russia intends building fx and gold reserves to $500 billion in coming years
– Gold is a “100% guarantee from legal and political risks”
Friday, November 13, 2015
Why Black Friday Needs to be a National Holiday / Politics / Shopping
At one time, people placed carved pumpkins with a candle inside on their front porches to announce the beginning of the Halloween season.
And then it became a contest. First, best Halloween pumpkin. And then who could decorate their trees and hedges with the best fake cobwebs, followed by fake witches in trees.
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