Friday, October 23, 2015
Bye, Bye Euro / Currencies / Euro
So how does it fell Mr. Euro to get smacked upside the head by your supposed caretaker?
Mario Draghi must be taking lessons from the Bank of Japan because this is one of the best verbal whoopin’s I have seen put on a currency.
Mario yanked the rug out hard; so hard, that the basement is now evident.
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Friday, October 23, 2015
Why Stocks are About to Get DEMOLISHED / Stock-Markets / Stock Markets 2015
Dear Investor,
You hear the abstract terms floating around the financial media -- devaluation, disinflation, low inflation, even negative inflation (whatever the heck that is!). Make no mistake about it; these terms refer to but one monetary force: deflation.
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Friday, October 23, 2015
Europe Admits QE Has Failed, Promises More Of It / Interest-Rates / Quantitative Easing
New Age monetary policy has begun to resemble the form of insanity in which a patient repeats the same behavior while expecting a different outcome.
Throughout the developed world, interest rates are at record lows and central banks continue to pump out newly-created currency. Yet growth remains tepid, inflation is nonexistent and debt of every type continues to mount. And instead of recognizing that somewhere in their guiding theory lurks a fatal flaw, governments and central banks just keep upping the ante. Today it was Europe, where central banks have been expanding their balance sheets (i.e. running the printing presses) aggressively…
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Friday, October 23, 2015
The Seven Biggest Lies Told and Believed about Gold / Commodities / Gold and Silver 2015
Guy Christopher writes: It’s hard to say which lie about gold is the biggest whopper.
Many widely held beliefs about gold are lies – propaganda hammered home to have us believe the only true measure of wealth is government-issued debt.
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Thursday, October 22, 2015
Silver Prices and The Fiduciary Standard Of Care / Commodities / Gold and Silver 2015
Once again we get to continue along this discussion of how the price of silver is truly formed in the market as we see it today.
The reason for that is so that you can have as a resource the ability to go to a whole set of information that shows you what's really happening in real time, rather than going out and feeling disconnected or disintegrated and looking weak correlations that have no connection to anything.
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Thursday, October 22, 2015
11 Days to U.S. Government Shutdown Crisis... What Investors Should Know / Stock-Markets / Financial Markets 2015
Sean Brodrick writes: America is on a collision course with a crippling crisis. One that could start as early as November 3 - just 11 days from now.
Importantly, the last time this happened, the market started selling off hard eight days before the actual crisis. So I want to make you aware of both the looming risks... and the potential profit opportunities.
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Thursday, October 22, 2015
Employment Is Nothing Like Slavery / Politics / Employment
Julian Adorney writes: What is necessary to take away a man’s freedom? For many progressives, nothing more then a bad workplace. Amazon takes ongoing heat for its work environment, with opponents like Business Insider calling it a “slave camp.”
But this comparison mistakes the fundamental nature of coercion.
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Thursday, October 22, 2015
It’s Not Time to Sell the German DAX / Stock-Markets / Stock Markets 2015
He who trims himself to suit everyone will soon whittle himself away. - Raymond HullAgain, the talking heads are claiming that there is a pattern that overtly implies that the Dow tends to follow the DAX. When the markets were free or had some elements of freedom in them, one could give some credence to these patterns, but today where fraud and manipulation are the order of the day....... Such patterns have to be taken with a jar of salt. By maintaining an ultra-low interest environment for an unusually lengthy period of time, the Fed has fostered an environment that rewards speculators and destroys savers. Nothing could be more insane, but this is the predicament most people find themselves facing today.
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Thursday, October 22, 2015
Reshuffling the Deck in the Mideast / Politics / Middle East
The U.S. presence in the Middle East, which for years provided some control over one of the world's most volatile regions, appears to have dissolved into chaos. By removing Saddam Hussein from power, the U.S. removed his tyrannical but stabilizing hand from the powder keg that always existed in the poorly designed nation state of Iraq. Rather than attempting to repair the damage, President Obama appears intent on leaving what he terms "a quagmire." Predictably, chaos has emerged, not just in Iraq, but in Syria as well. The rapidly changing political landscape is pushing major regional players like Turkey, Egypt and Saudi Arabia to drastically reshuffle their assumptions and allegiances.
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Thursday, October 22, 2015
Notes from the Asylum / Stock-Markets / Financial Markets 2015
By Jared Dillian
First, a shameless plug. Please follow me on Twitter.
Now on to today’s topic. You probably heard that Dreamy McDreamerson is the new Canadian prime minister, opening a can of Canadian whoop-ass on Harper. Here is the crux of it.
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Thursday, October 22, 2015
SPX is Higher, But May Not Survive the Day / Stock-Markets / Stock Markets 2015
SPX Premarket is higher in a minute-retracement at 8:45, but may not survive until the open. Caterpillar shares tumbled as its revenues plunge 19%. There is a blitz of earnings reports today and it is difficult to say how it may close.
Will bad news finally be bad news?
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Thursday, October 22, 2015
Stocks Bullish but Bond Bull Market is Over / Stock-Markets / Financial Markets 2015
I generally send out two letters a week. The letter that arrives in your inbox over the weekend is Thoughts from the Frontline and is written by me. The second letter, which is called Outside the Box, generally comes in the middle of the week and is an article or essay written by someone else that I think merits your time. Quite often I disagree with the sentiment or analysis being expressed, but I find the writer makes me think about alternatives to my personally favored presuppositions. It is always good to listen to the other side of the story, especially when we are talking economics and finance and our investment portfolios!
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Thursday, October 22, 2015
Stock Market Diagonal Trendline is Broken / Stock-Markets / Stock Markets 2015
SPX appears to have not only broken its Ending Diagonal trendline, but also the horizontal supports, as well. Yesterday’s high at 10:45 at 2039.12 appears to be the Primary Cycle high.
We appear to be headed for a high probability low on Oct 30. It may stretch into the following week, but indications are ideal for a low next Friday, with the probability of Congress and the Senate agreeing to kick the can that weekend.
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Thursday, October 22, 2015
Everything’s Deflating And Nobody Seems To Notice / Economics / Deflation
Whenever we at the Automatic Earth explain, as we must have done at least a hundred times in our existence, that, and why, we refuse to define inflation and deflation as rising or falling prices (only), we always get a lot of comments and reactions implying that people either don’t understand why, or they think it’s silly to use a definition that nobody else seems to use.
-More or less- recent events, though, show us once more why we’re right to insist on inflation being defined in terms of the interaction of money-plus-credit supply with money velocity (aka spending). We’re right because the price rises/falls we see today are but a delayed, lagging, consequence of what deflation truly is, they are not deflation itself. Deflation itself has long begun, but because of confusing -if not conflicting- definitions, hardly a soul recognizes it for what it is.
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Thursday, October 22, 2015
4900 Nasdaq...2030 to 2050 S&P 500...Battle Zones For Both Sides / Stock-Markets / Stock Markets 2015
The battle zone levels have been established. The Nasdaq at 4900 or the midpoint of the double top and 2030 to 2050 on the S&P 500 or the two-hundred day, exponential moving average and downtrend line. Getting over the last moving average is key for without it we cannot test that key, downtrend line. So for the short-term we focus on 2030 on the S&P 500. When markets get close to major breakout or breakdown levels, you see it get a bit more volatile as each side is trying harder to get what they want or need.
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Thursday, October 22, 2015
USO Patience Before Picking Cycle Low / Commodities / Crude Oil
A little more patience before trying to pick the cycle low in oil. RSI is just now getting oversold so its getting close.
I Like to see price close below the lower Bollinger band before trying to pick the bottom. Once it does then wait for a swing low to form.
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Wednesday, October 21, 2015
Find Out What Doug Casey Is Buying Today / Stock-Markets / Investing 2015
By Dan Steinhart
Doug Casey was asked to leave the stage…If you’ve never heard Doug speak, you should. His controversial opinions always rile up the room. This time was no different…
The founder of Casey Research opened our ninth annual Casey Research Summit this weekend in Tucson, Arizona, with a lively talk about “the perversion of words.”
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Wednesday, October 21, 2015
How the Big White Lie of Investing Could Cost You Your Retirement / Personal_Finance / Pensions & Retirement
Mark Ford writes: I consider myself an expert of sorts on retirement. Not because I've studied the subject, but because I've retired three times.
Wednesday, October 21, 2015
Insane “Trillion Dollar Platinum Coin” Option Ruled Out By U.S. Treasury To Avert New Debt Crisis / Interest-Rates / US Debt
The silly and somewhat insane uber Keynesian “Trillion Dollar Platinum Coin” appears to be now firmly off the table.
The US Congress has once again ruled out the possibility of issuing a “trillion dollar platinum coin” floated as a possible solution to the looming US Debt Crisis.
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Wednesday, October 21, 2015
Did USD Just Bottom? Did EUR Just Top? / Currencies / US Dollar
Find out free -- now, during Forex FreeWeek at elliottwave.com!
Late last week -- and then again on Monday -- EURUSD, the world's most traded forex pair, fell sharply. In fact, the euro lost almost 200 pips, or two cents, against the buck.
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