Friday, November 06, 2015
Obamacare - The Gift That Keeps On Taking / Politics / US Politics
Isn't it interesting the mainstream media makes barely a peep about the ongoing and worsening Obamacare debacle. Healthcare premiums, co-pays and deductibles are soaring, while doctor and plan choices contract to a minuscule level. Recent surveys reveal the hardship being inflicted upon families across the nation. Those who are willfully baffled by the lack of consumer spending need look no further than Obamacare and its impact on the budgets of hard working Americans.
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Friday, November 06, 2015
Stock Market 6-7% Pull Back Likely, Gold Still Going Down / Stock-Markets / Stock Markets 2015
The stock market's recent advance has been nothing less than spectacular. Caveat emptor: the rally was mainly in the large cap stocks. The FED's determination to raise interest rates in December is predicated on the upcoming economic data. One of the most important releases comes out on November 6th, the jobs report.
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Friday, November 06, 2015
Asian-Pacific Markets Big Picture / Stock-Markets / Asian Economies
Analyst Spotlight: Mark Galasiewski
Learn a bit about EWI's big-picture from our Asian-Pacific markets expert
Mark Galasiewski is the editor of our monthly Asian-Pacific Financial Forecast. Mark's a big-picture guy -- he loves analyzing the longer-term chart patterns, because they have the most significance to human social history.
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Friday, November 06, 2015
Stock Market Dow Set to Defy Naysayers and Trend Higher / Stock-Markets / Stock Markets 2015
Being ignorant is not so much a shame as being unwilling to learn. - Benjamin Franklin
Fear sells, and like misery it demands company. The so-called crash in August triggered dozens of hibernating bears to emerge from the woodwork. Rested from the last severe beating they took, they are ready for another healthy dose of pain. In their quest to push the fear factor a notch higher, celebrity perma-bears such as David Tice are brought out confirm that all is not well. If the markets were destined to sink into the gutter, David Tice would not have sold his Prudent Bear fund at the peak of the 2008-2009 financial crisis.
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Thursday, November 05, 2015
Crude Oil Price More Weakness In Sight / Commodities / Crude Oil
Crude oil has turned up in September when price broke out of a triangle placed in wave (b) so wave (c) was final with wave 4 pullback that reached 50.50 resistance from where sell-off occurred in October. As such, we suspect that WTI made a new swing now that will send price down into wave 5 back to 37.70. Broken corrective channel also suggests more weakness ahead,but after wave (ii) is complete.
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Thursday, November 05, 2015
The Discipline of Silver / Commodities / Gold and Silver 2015
Consider these round number costs in digital (dishonest) dollars:
1,000 ounce Silver Bar $17,000
or Hillary Clinton speech $300,000
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Thursday, November 05, 2015
Earnings - Pulling Out All the Stops / Personal_Finance / Wages
By Jared Dillian
When I was a teenager, I had a different sort of part-time job. I was a church organist.
Actually, it was the best job ever because I was something of a piano prodigy as a child. Around age 12, my parents and I had to make a conscious decision about whether I was going to pursue a career in music. I decided not to, which has greatly reduced the amount of Ramen noodles I have eaten over the years.
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Thursday, November 05, 2015
5 Killer Methods for Financing Your Online Business / Personal_Finance / SME
You’ve reached the tipping point. A product idea has transformed from prototype to sellable item, and you’ve sat down with a business partner to discuss your strategy for marketing, selling and producing the products in order to start making money.
The big question is: How are you going to get the startup capital to purchase that first batch? How about paying for the eCommerce website or at least founding your payment gateway?
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Thursday, November 05, 2015
The Bank of England Keeps Interest Rates at 321-Year Lows / Interest-Rates / UK Interest Rates
We hear constantly from the U.K. government and mainstream publications like the Financial Times that the economy of Great Britain is recovering strongly and that the labour market is robust so it is probably surprising for many people that in spite of the strong growth in the U.K. economy that the Bank of England has kept its base rate at 0.5%. This almost zero interest rate has been kept since March 5th, 2009 when the MPC or Monetary Policy Committee cut the base rate from 1% to 0.5% and at the time it was understandable as the U.K. financial system was on the brink of a total meltdown and the U.K. government had to write a cheque and issue loan guarantees for £500 billion to bail out the big banks.
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Thursday, November 05, 2015
Bitcoin Price Surges 55% In Month – Chinese Moving Capital Into Bitcoin and Gold / Currencies / Bitcoin
Bitcoin has been surging in value since mid October and gained more than 20% yesterday alone. At one point, it hit a yearly high of more than $491 (see chart).
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Thursday, November 05, 2015
Gold Showing Signs of Final Degree Bloodbath Phase / Commodities / Gold and Silver 2015
While everyone is getting more and more bearish gold is showing all the signs of being in a final intermediate degree bloodbath phase. Notice the similar 5-7 day capitulation to the last 4 ICL's. Notice the extreme oversold oscillators indicative of a major intermediate degree bottom approaching.
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Thursday, November 05, 2015
The Stocks Bear Indicator Never Lies / Stock-Markets / Stock Markets 2015
In the September 10 column entitled, "The bear makes a welcome return", we discussed the return of the infamous bear image on the front cover of several news magazines and newspapers. The most conspicuous example of the bear could be seen on the front cover of Businessweek magazine, shown below.
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Thursday, November 05, 2015
Government - The Most Devious Liars In The Room / Politics / US Politics
There were a few different stories coming out over the last few days that reveal the true nature of government and the apparatchiks who use disinformation, devious machinations, fraudulent accounting, and taxpayer money to cover up their criminality, lies, and the true state of the American economy. The use of government accounting tricks to obscure the truth about our dire financial straits is designed to keep the masses sedated and confused.
A few weeks ago, to great fanfare from the fawning faux journalists who never question any Washington D.C. propaganda, they announced the lowest annual deficit of Obama's reign of error.
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Thursday, November 05, 2015
Day Follows Night : Gold Follows US Bonds / Commodities / Gold and Silver 2015
For the same reason as the Euro was sharply lower today, so was gold, namely, a hawkish Yellen testimony in which see used the words, "living possibility" when referring to a potential December rate hike.
With interest rates moving higher on the Ten Year Treasury once more today, ( at 2.23% as I type this), gold simply cannot compete with better returns on interest bearing assets such as notes and bonds as it casts off no yield whatsoever and depends completely on capital gains to produce any sort of increase for its owners.
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Thursday, November 05, 2015
Regenerating Biotech Portfolios with Cell Therapies, Antibodies and Small Molecules / Companies / BioTech
Reni Benjamin of Raymond James has watched biotechnology move into a new era in which cells and genes can be manipulated to produce true disease-modifying results. In this interview with The Life Sciences Report, Benjamin outlines the groundbreaking work being done by a number of companies with the potential to return multiples on investment over the next two to three years.
Biotech Index One Year. Courtesy Google Finance
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Thursday, November 05, 2015
Stock Market Overbought Daily Charts...Monthly's Awful...Short Term Still Ok.... / Stock-Markets / Stock Markets 2015
There's a nasty combination out there that says things won't be all that easy for a while, but still nothing in the moment that says the bad-news bear is about to get rocking. I still think that's a bit out there, although not too far out there. The daily index charts hit 70 RSI for a few days. Fortunately, they didn't get too overbought, thus, some selling makes sense at some point soon.
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Thursday, November 05, 2015
Stocks Bull Market Trending Towards New All Time High Before End 2015 - Video / Stock-Markets / Stock Markets 2015
Barely a couple of months ago the overwhelming consensus view that FOLLOWED the August plunge were expectations that the 6 years stocks bull market was finally over, killed off by the China crash, and prospects for Fed tightening. Nevertheless the 'End Times' Apocalypse was Now, and such bearishness was not just being voiced by the usual suspects i.e. the crash is always coming Perma crowd, but even included those who may have been mostly bullish from time to time with statements such as there was now a 99.7% probability that stocks were in a bear market.
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Wednesday, November 04, 2015
3 Reasons to Get Excited about Japanese Stocks / Stock-Markets / Japanese Stock Market
Dear Investor,
Is this sleeping giant ready to offer opportunities for investors?
Anyone investing since the 1980s knows the boom and bust story of Japan and its Nikkei stock index. The Nikkei peaked just below 39,000 in 1989. Once known as a leading economic power, Japan's "bubble economy" burst, and for the last 25 years it has been in and out of recession and suffered a gut-wrenching deflationary environment. The Nikkei spent several years below 10,000, dashing any hope for investors.
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Wednesday, November 04, 2015
The Fed Desperately Tries to Maintain the Status Quo / Economics / US Federal Reserve Bank
Ronald-Peter Stöferle writes: During the press conferences of recent FOMC meetings, millions of well-educated investment professionals have been sitting in front of their screens, chewing their fingernails, listening as if spellbound to what Janet Yellen has to tell them. Will she finally raise the federal funds rate that has been zero bound for over six years?
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Wednesday, November 04, 2015
Don’t Trust Gold Here / Commodities / Gold and Silver 2015
Just when the short-term prospects for Gold were looking good, precious metals reversed lower this past week. It could be that Gold was surprised by last week’s FOMC minutes, which signaled a potential December rate hike. When the minutes were released, Gold dropped immediately, and it’s been straight downhill for the metals since.
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