Wednesday, October 14, 2015
Stock Market Aggressive Sell Signals in Place / Stock-Markets / Stock Markets 2015
SPX has finally reversed beneath its trendline. This morning was a false break, due to a small Megaphone formation that resulted in a new high. It is now on an aggressive sell signal.
I re-calibrated the Primary Cycle Pivot dates and, although there was a PC Pivot on 10-6, the turn was made today, 4.3 market days later. In fact, the Cycle Top happened on a PI Hour (67.5, which is divisible by 3.1416 and 4.3). This would be expected from a rally that has a Megaphone ending and a Wave (B). Wave B of any degree may be a rogue wave in outliving its expectations. Investors are still bullish, despite only exceeding Wave (A) by only 1.52 points. In Elliott Wave parlance, this is a flat correction, due to the flat top.
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Wednesday, October 14, 2015
China To Continue Expanding Its Influence In The Oil And Gas Sector / Commodities / Energy Resources
Since 2009, China has been taking a much more active role in its pursuit of international oil contracts. In 2009, for the first time, Saudi Arabia exported more of its oil to China than it did to the U.S. China also made large investments in Saudi Arabia's oil refining industry as well. But China's oil investments didn't stop there; they also pursued oil producing Canadian assets in 2011-12.Read full article... Read full article...
Wednesday, October 14, 2015
Climate Change, Renewable Resources and Economics / Politics / Climate Change
Many socialists have conveniently repackaged themselves as environmentalists and latched onto climate change as a convenient means to preach the standard socialist agenda of planning and control.
These socialists will talk about glaciers retreating and the need to force farmers in Normandy, for example, to stop running their tractors on Tuesday. Anyone who questions the basic precepts of climate change are instantly viewed as ignoramuses who deny the overwhelming scientific evidence that climate change exists.
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Wednesday, October 14, 2015
1987 Stock Market Crash - The Day the Dow Puked / Stock-Markets / Financial Crash
Readers who have received a copy of this month's Lindsay Report are aware of the Hybrid Lindsay forecast for a high on Oct 19 (a high, not the next high). The "high" on that date may be the end of a short uptrend or it may be the end of a consolidation that precedes a sharp drop in equities.
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Wednesday, October 14, 2015
Gold Prices Will Rise Because … / Commodities / Gold and Silver 2015
A) War in Syria, Ukraine, Middle East, South China Sea and other places seems more likely each month. History shows that wars are inflationary, commodities increase in price, and governments finance wars with debt and fiat currency. We want higher gold prices and no war, but the “powers-that-be” will do what is necessary to increase their power and wealth, and if that requires war, then expect more war.
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Tuesday, October 13, 2015
VW's Scandal Comes at a Bad Time For Germany / Companies / Germany
The German economy has been nothing if not impressive. In the face of ugly economic circumstances across Europe, this country held fast to fiscal discipline while staying on track with exports. Hence, Germany ran budget surpluses for the last three years and has a cost of capital so low that its bond yields rival that of Japan.Then, out of nowhere, comes a claim of corporate cheating that rocked iconic Volkswagen, the “People’s Car” company, maker of the famous Beetle.
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Tuesday, October 13, 2015
Why Millennials Are So Different / Politics / Demographics
I have three step kids. Two are generation X. The youngest is generation Y.Just looking at them, you can tell a clear difference in their personalities and aspirations.
My older step kids are more individualistic. The younger one is more oriented to the group and collective interests.
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Tuesday, October 13, 2015
Unhealthy, Not Wealthy, and Far from Wise, The Changing Healthcare World / Companies / Healthcare Sector
“The first wealth is health.”– Ralph Waldo Emerson
“Man needs difficulties. They are necessary for health.” – Carl Jung
Decisions, decisions. Many Americans will have to make a big one in the next 60 days or so. How you decide will affect both your health and your wallet. Hospital management and doctors are seeing significant differences in the trends of patient care and are moving to adapt. Some of the changes they implement are going to create significant economic impacts on households and local communities.
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Tuesday, October 13, 2015
Which Is The Better Investment - Gold Or The Dow? / Commodities / Gold and Silver 2015
As far as I'm concerned, the only way to answer the question of which is the better investment between gold and the Dow Jones Industrial Index is to analyse the chart of the Dow expressed in gold. So, let's do just that using the monthly and weekly charts of the Dow/Gold ratio.
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Tuesday, October 13, 2015
Stock Market Initial Projection Reached (Short-Term Top Expected) / Stock-Markets / Stock Markets 2015
Current Position of the Market
SPX: Long-term trend - Bull Market?
Intermediate trend - SPX is in the midst of an intermediate correction (at least).
Analysis of the short-term trend is done on a daily basis with the help of hourly charts. It is an important adjunct to the analysis of daily and weekly charts which discusses the course of longer market trends.
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Tuesday, October 13, 2015
Gold Signals The End Of This Monetary Era / Commodities / Gold and Silver 2015
Gold remains our best means of economic measurement. It is not a perfect, but it is our best. Due to its monetary properties, gold can be used to measure wealth across generations.
Just like we have the sun and moon to discern the times and seasons, I believe, we have gold to discern changes in wealth. It is interesting that the sun is often compared to gold, and the moon to silver. Just like a day in the Middle Ages is comparable to a day in this century, an ounce of gold in the Middle Ages is comparable to one today.
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Tuesday, October 13, 2015
Brainard's Wake-up Call to Fed on U.S. Rate Hike Calls / Interest-Rates / US Interest Rates
The growing inverse correlation between the frequency of Fed speeches and uniformity of the message on monetary policy action cannot be ignored. The newest member of the Federal Reserve Board of Governors hasn't made too many speeches, but her message has been on point since her first speech in June.
In her speech yesterday, Lael Brainard, Federal Reserve Governor since June of this year, dealt a prominent blow to the hawks at the Fed, by contradicting three major premises upon which calls for a 2015 rate hike are built. Having served as Undersecretary of the Treasury for International Affairs for over three years, she knows a few things about international developments. Here are some of the central points of her speech:
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Tuesday, October 13, 2015
German DAX Stock Market Index Expected To Go Lower / Stock-Markets / Germany
German DAX fell sharply down this summer so we see price in big wave IV) pullback which could reach much lower levels by the end of the year, but after wave (B) rally is complete which seems to be underway now to higher levels. Ideally price will hit 10800 before downtrend will continue into wave (C).
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Tuesday, October 13, 2015
The Gold and Silver Bear Markets Are Not Over / Commodities / Gold and Silver 2015
Our gold and silver models state that the gold and silver bear markets are not over as of October 13, 2015. Here’s why.
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Tuesday, October 13, 2015
Gold for Stocks Bear Market? / Stock-Markets / Stocks Bear Market
While some continue dancing, the music might have already stopped: are we already in a bear market in stocks? In this context, we study past bear markets to see whether gold may serve as a valuable diversifier for what's ahead.
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Tuesday, October 13, 2015
Marc Faber - Gold’s “Bigger Question” Is Where To Store It / Commodities / Gold and Silver 2015
Marc Faber has again encouraged individuals to own physical gold, be wary of possible government confiscation and said that the big question is where to store your gold.
Read full article... Read full article...“ … But I would say an individual should definitely own some physical gold…The bigger question is where should he store it?”
Tuesday, October 13, 2015
The Mindless Stupidity of Negative Interest Rates / Interest-Rates / US Interest Rates
MoneyMorning.com By Lee Adler, Editor's Note: We're sharing this Wall Street Examiner column with you today because negative interest rates are destroying trillions of dollars in wealth in Europe right now, cheered on by some of the "smartest" economists in the world – who want to bring NIRP here. Here's Lee Adler with some facts that show why negative rates are a horrible idea…
There are troubling signs that the doves at the Federal Reserve are considering a negative interest rate policy (NIRP) as a way to handle "the next crisis" – and there's always a next crisis…
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Tuesday, October 13, 2015
Daily Israeli War Crimes in Palestine / Politics / Palestine
Tuesday, October 13, 2015
Challenger Banks Herald a Savings Market New Dawn / Personal_Finance / Savings Accounts
Data from Moneyfacts.co.uk reveals that fierce competition is leading to encouraging signs of improvement in the savings market.
In the month of September, Moneyfacts has recorded 104 savings rate rises, with some increases being as high as 0.45%. This dwarfs the 28 rate reductions that have taken place over the same period. As a result, the best one-year fixed rate bond has increased from 1.90% a year ago to 2.10% today.
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Tuesday, October 13, 2015
China, The Great Depressions 1 & 2, and Gold / Commodities / Great Depression II
When uncontrolled credit growth results in speculative bubbles, capitalism’s cycles of expansion and contraction end in catastrophic deflationary depressions where large collapsing bubbles result in crippling levels of defaulting debt.
In June-July 2015, the Shanghai stock market retraced the beginning of the end of the historic 1920s US stock bubble whose collapse in 1929 ended in the Great Depression of the 1930s; and while it may appear history is repeating itself, it is not. This time, capital markets will not recover.
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