Wednesday, September 23, 2015
Stock Market Trading Bands are Being Squeezed / Stock-Markets / Stock Markets 2015
I like to observe the indices from all degrees of trend, from hourly to monthly and even yearly. The charts can tell you a lot. I am using the hourly charts less these days, because the moves in the market often require a larger perspective. However, the hourly charts caught my eye and, thanks to Roy, a subscriber, his nudge prompted me to view all the pertinent charts.
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Wednesday, September 23, 2015
U.S. Stocks: Volume, Volatility -- and What Should Come Next / Stock-Markets / Stock Markets 2015
We should soon see more "all or nothing" days in the stock market
Bespoke Investment Group uses an interesting term to describe recent stock market action: "all or nothing." In the stock market, "all or nothing" days occur when at least 80% of the stocks in the S&P 500 index advance or decline.
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Wednesday, September 23, 2015
New Wave of Lithium and Graphite Winners in Wake of Tesla Deal / Commodities / Graphene
Don't buy things that are trending on Twitter or the front page of USA Today, warns Gold Stock Trades publisher Jeb Handwerger. Buy them when they are unloved and on the back page. In this interview with The Energy Report, he singles out the unloved companies that could become media darlings in the coming boom in energy metals, uranium and—eventually—oil sectors. And he stresses the importance of the single most important commodity in the investing space ever—time.
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Wednesday, September 23, 2015
Gold Price No Bottom Yet / Commodities / Gold and Silver 2015
I'll begin this week's commentary with a follow up on last week's Hybrid Lindsay forecast for a high in equities. Last week's commentary gave the details of the forecast for a high in the Dow on September 11 or very early last week. Equities pushed that forecast to the limit with last week's closing high on Wednesday followed by a decline of over 350 points. Short bounces notwithstanding, it seems reasonable to assume Wednesday was the high I was looking for.
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Wednesday, September 23, 2015
Gold Prices Are Set To Jump or Maybe Not / Commodities / Gold and Silver 2015
Hasten slowly and ye shall soon arrive. ~ Milarepa
We were very bullish on gold starting from 2002 and our bullishness continued until the beginning of 2011. In 2011, we started to voice concern as the Gold camp was chanting "Kumbaya my love", and almost every Tom, Dick and Harry in the Gold market were all busy issuing higher targets. Towards the middle of 2011, there were many signs that all was not well. Key technical indicators were issuing negative divergence signals, the dollar was generating strong signals that a bottom was close at hand, and as we already stated the Gold camp was simply too ecstatic for our liking. We advised our clients to close the bulk of their bullion positions and to embrace the dollar as it was getting ready to break out; the rest as they say is history.
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Wednesday, September 23, 2015
Designing the Common Stock Portion of Your Retirement Portfolio: Concentrated or Diversified / Companies / Pensions & Retirement
Designing the common stock portion of your retirement portfolio is very challenging. For starters, there is no absolutely perfect or even best way to design a stock portfolio. However, there are many effective strategies that have produced successful long-term results. The key to success is to find and implement the strategy that best fits your own unique goals, objectives, needs, and most importantly - risk tolerances.
There are many aspects associated with designing a common stock portfolio that need to be considered. The number of individual companies to include in your portfolio is a big one. In addition to the number of companies, how much weight you should put in each one. Should they be equally weighted? In other words, should you put the exact same percentage of your portfolio in each company? Or, does it make more sense to overweight some and underweight others? Moreover, should you own stocks from every sector or just the ones you like the best?
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Tuesday, September 22, 2015
Gold: The End and The Beginning / Commodities / Gold and Silver 2015
Gold prices peaked in January 1996 and then fell for 3.5 years into a multi-decade low. It was the age of stocks, debt, leverage, and good times; nobody needed or wanted gold.
Since the gold price peak in 2011 the Federal Reserve has “generously” supplied the world with trillions of dollars of newly created digital and paper debt, all backed by nothing but faith and credit. Bonds have rallied and the S&P is higher by 50% or so. The Japanese Central Bank has similarly produced trillions of yen, bought stocks and bonds, and extended their recession several more years.
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Tuesday, September 22, 2015
The Great Deflation Will Destroy All Bubbles – These Too / Stock-Markets / Deflation
It’s not enough that jobs are less stable, or that the ones we’re adding are increasingly more part-time…
It’s not enough that rapidly growing student loan costs are plaguing more young echo boomers and millennials…
It’s not enough that the high costs of education are increasing the inequality gap and making upward mobility impossible…
Tuesday, September 22, 2015
Behind the Fed’s Decision: The Government Numbers Don’t Add Up / Interest-Rates / US Interest Rates
After keeping the markets on edge in the days and weeks leading up to today’s decision, the Fed has decided once again to leave interest rates unchanged.As we’ve spent this week discussing “all things Fed,” it’s worth spilling a little ink on what the quasi-government-but-really-private organization is supposed to do.
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Tuesday, September 22, 2015
NYSE Margin Debt Raise Stock Market Key Questions / Stock-Markets / Stock Markets 2015
It's happening again. The amount of margin debt balances at New York Stock Exchange member firms fell to $473,412 billion in August, down 2.9% from September. It is the 2nd consecutive monthly decline and the first back-to-back monthly drop since December-January.
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Tuesday, September 22, 2015
Stock Market Plunge Begins / Stock-Markets / Stock Markets 2015
Good Morning!
The SPX Premarket is down over 30 points as I write. There is another hour left before the cash market opens, so the probability of a “limit down” at the open or during the trading session is rising. If such a circuit breaker is reached, the market is halted for 15 minutes. The triggers are set at 7%, 13% and 20%.
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Tuesday, September 22, 2015
Steps from a Deep October Stock Market Selloff / Stock-Markets / Stock Markets 2015
For some reason there was a late flurry of expectations that the FED was going to raise rates this past week. Many in the media would like us to believe that we've finally transitioned out of an economic intensive care and that the economy is ready to stand on its own two feet. Evidence to support the idea is the employment picture, which when taken on the surface provides the illusions that we're in a healthy and thriving economy.
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Tuesday, September 22, 2015
The Massive Debt Bubble Will Push Silver Prices Much Higher / Commodities / Gold and Silver 2015
Silver had a spectacular rise in price from about August 2010 to April 2011. In fact, it was so impressive that some thought the peak was the end of the bull market for silver. After all, silver had risen about 12.33 times from its bottom in 2001.
However, from the fact that the April 2011 did not surpass the all-time high of 1980, it should have been evident that this was no end of a bull market. Real bull markets form peaks much higher than any previous highs.
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Tuesday, September 22, 2015
Keynes Would Be "Buying Gold Hand Over Fist" Today / Commodities / Gold and Silver 2015
- What Keynes would think of today’s “Neo-Keynesians”
- Unlike his acolytes, he understood the value of gold and the dangers of currency debasement
- Keynes did not desire “a world where currencies are backed by nothing more than a governmental promise to pay while the printing presses whirled unchecked”
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Tuesday, September 22, 2015
What to Expect from Stocks into 2016 / Stock-Markets / Stock Markets 2015
MoneyMorning.com D.R. Barton writes: We're living in the proverbial interesting times.
As a technical trader, it's intriguing to me that all the headline-generating volatility – and U.S. Federal Reserve inaction – we've seen lately really hasn't made the market nosedive or skyrocket for any significant length of time.
And so investors, who need to know what's coming next, are looking in some strange places to find the answer.
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Tuesday, September 22, 2015
Defending National Sovereignty from the NWO / Politics / New World Order
In a world that is virtually unrecognizable from the universal principles that underpinned Western Civilization, the fundamental concept of national sovereignty is being attacked as a relic of a former age. The New World Order is designed to eliminate the self-government of sovereign nations. While individuals live under the domain of established states, the fact that specific regimes operate within and often under the auspices of international hegemony that routinely violates the independence of specific countries is undeniable. The “world community” is not a voluntary association of collaborating governments; it is a euphemism of a top down despotic authoritarian system for global control and punishment for uncooperative governments.
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Tuesday, September 22, 2015
Merkel’s Next Big Headache: Volkswagen’s ‘Defeat Device’ / Companies / Germany
Angela Merkel has another huge headache on her plate. She seems to attract those these days. And given how she’s been dealing with the last few migraines coming her way, perhaps she deserves them.
For now, it’s a story of one carmaker, Volkswagen. And in one country, the USA. A country in which the diesel engine is somewhat of an orphan, making up just a few percent of the total car market. But the “defeat device” scandal will not stop there.
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Tuesday, September 22, 2015
War on Cash, Bank of England Planning Hyper QE, Scrapping Cash for Digital Currency / Interest-Rates / Central Banks
The Bank of England announces its latest cunning plan in its ongoing 'War on Cash' under the cover of Europe's refugee crisis that is witnessing Eastern European hypocrisy, such as that of Hungary forgetting its own past of sending hundreds of thousands of refugees westwards for over 60 years, and the most recent wave of 1 million or so of economic migrants many of whom receive in work benefits such as tax credits, nevertheless balk at the thought of giving refuge to a single refugee and instead have mobilised their crack troops against defenseless men, women and children.
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Tuesday, September 22, 2015
Stock Market Fear Versus Fundamentals....No Winner For Now.... / Stock-Markets / Stock Markets 2015
A horrible market environment exists when there are have two opposing forces battling it out, each with a great weapon on their side. The bulls have a very powerful weapon in the form of fear. The masses are very fearful here. Pessimism is ramping. The bears also have a strong weapon on their side. A weakening, global, economic environment. Two powerful market forces fighting it out every single day. Since sentiment is such a strong force all the time in the market it's going to be nearly impossible to break forcefully below 1867 on a closing basis. Not impossible, of course, but very difficult. It would take some really bad news to make that a reality.
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Tuesday, September 22, 2015
World Enters Twilight Zone Where Markets Demand Higher Interest Rates / Stock-Markets / Stock Markets 2015
So the Fed decides not to raise rates, and global stocks tank. Then they trot out their in-house PR staffer Jim Bullard to proclaim that rates will go up next month — and US stocks rally. What’s going on here?
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