Saturday, May 25, 2019
Seasonal Dysfunction: Why Generations of Gold and Silver Investors Are Having Such Difficulty / Commodities / Gold & Silver 2019
By: The_Gold_Report
Sector expert Michael Ballanger discusses the demotivating effects of current market trends. With great apology, I am late with this week's missive largely due to the arrival of boating season and the fierce need to secure a new vehicle, which should have taken (only) two days but didn't. Having arrived at the marina on Friday evening, I expected a rather smooth transition as it was the first year in four that I asked our local service fellow to do all of the end-of-year maintenance, instead of me draining the lines and winterizing the water tank and changing the engine oil and all of those things I loved to do in my 40s but that have become a royal pain in the ass twenty years later. Call it "geezer-itus" or "baby-boomer angst," I agreed to let the local marina service group do all those debilitating tasks and simply threw them the keys while shouting "See ya next spring!"
I fully expecting a boat functioning this past weekend in exactly the condition in which it was functioning last October. Well, with great deference to Mr. Murphy and that obnoxious law named after him, my lovely little Freshwater Pearl was a mess of the highest and most irritating order, floors most foul, upholstery seams ripped, and obvious dings and dots from the reentry-to-the-water exercise. However, what really set me off was that my most-excellent winch-powered dinghy caddy was nonfunctional, and after five hours with limited workspace, I removed what I thought was the faulty part.
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Saturday, May 25, 2019
Employment - The Good and the Bad of Job Automation / Economics / Employment
By: Patrick_Watson
People are worried robots will take their jobs. That’s a legitimate fear sometimes, but it’s not new. It is just another step in a process that started long ago.
The bigger question is whether job automation is good.
If we want the economy to grow, the math is pretty easy. It’s a two-factor equation:
- The number of available workers, multiplied by
- The value of goods and services the average worker produces.
Increase one or both of those and presto, GDP will rise. Automation helps raise the second one. But then it gets complicated.
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Saturday, May 25, 2019
Gold Mining Mid-Tier Stocks Fundamentals / Commodities / Gold and Silver Stocks 2019
By: Zeal_LLC
The mid-tier gold miners’ stocks in the sweet spot for price-appreciation potential have been struggling in recent months, grinding lower with gold. Their strong early-year momentum has been sapped by recent stock-market euphoria. But gold-mining stocks are more important than ever for prudently diversifying portfolios. The mid-tiers’ recently-reported Q1’19 results reveal their fundamentals remain sound and bullish.
The wild market action in Q4’18 emphasized why investors shouldn’t overlook gold stocks. All portfolios need a 10% allocation in gold and its miners’ stocks! As the flagship S&P 500 broad-market stock index plunged 9.2% in December alone, nearly entering a new bear market, the leading mid-tier gold-stock ETF surged 13.7% higher that month. That was a warning shot across the bow that these markets are changing.
Four times a year publicly-traded companies release treasure troves of valuable information in the form of quarterly reports. Required by the US Securities and Exchange Commission, these 10-Qs and 10-Ks contain the best fundamental data available to traders. They dispel all the sentiment distortions inevitably surrounding prevailing stock-price levels, revealing corporations’ underlying hard fundamental realities.
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Saturday, May 25, 2019
Buy This Pick-and-Shovel 5G Stock Before It Takes Off / Companies / Mobile Technology
By: Robert_Ross
Wireless technology has come a long way.
The first generation of wireless known as 1G was rolled out in the 1980s. The only thing a user could do with 1G was make a phone call.
At times, the call quality could rival that of two tin cans connected by a string.
But wireless tech has made huge advances since those early days.
About every 10 years we’ve seen a new generation of wireless—1G, 2G, 3G, and today’s 4G. Each was faster and more reliable than the previous generation.
Saturday, May 25, 2019
Rare Earths Sector ETF $REMX Booming Again On Trade War With China / Commodities / Rare Earths
By: Jeb_Handwerger
Summary
1)Rare earth critical mineral crisis heating up as China Retaliates against Trump Tariffs.
2)Rare Earth Shortage could cripple tech giants such as Apple and Tesla.
3)Rare Earth ETF $REMX was over $100 during last rare earth crisis in 2011 now its under $15.
4)If Chinese cut off rare earths, prices could skyrocket in parabolic rise.
5)China Controls Rare Earth Sector which was invented in USA.
Saturday, May 25, 2019
Patient Approach Remains Appropriate for Fed. How Will Gold React? / Commodities / Gold & Silver 2019
By: Arkadiusz_Sieron
The Fed released the minutes from its last meeting. What are the Fed’s views on the economy, global risks and inflation? What do the learnings imply for the US monetary policy and in turn, the gold market?
Minutes Show That FOMC Members Are Still Patient
The minutes from the May FOMC meeting show that the Fed is still patient. The downside risks for the global economy diminished and the financial conditions improved. As a result, the US central bank decided to keep its patient approach to the monetary policy in place:
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Friday, May 24, 2019
China Hang Seng Stocks Index Collapses and Commodities / Stock-Markets / Chinese Stock Market
By: Chris_Vermeulen
The Chinese Hang Seng Index collapsed early this week to new recent lows. This breakdown in the Chinese major stock index highlights the anticipated fallout from the continued US/China trade war. Recent data from the Chinese property market and corporate bond markets suggest a broad slowdown in economic activity which may surprise many foreign investors in the weeks/months to come.
Partner this continued economic weakness with the EU Elections and the continued US/China trade issues and we almost have a perfect storm for commodities such as Oil, Copper and other industrial/transportation related shares. If the trade continues to collapse between the US/China while elections cause the general populations to “pause” in traditional spending habits, it would suggest that we could see a continued breakdown in the general commodity levels over the next 6~12+ months.
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Friday, May 24, 2019
Costco Corp. (COST): Finding Opportunity in Five Minutes or Less / Companies / Company Chart Analysis
By: EWI
Our FREE video shows how wave clarity is the first step to identifying a high-probability trade set-up.
Our chart of Costco Wholesale Corporation as of March 12. If today was March 12, could you assess within five minutes where this popular stock was headed next?
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Friday, May 24, 2019
How Free Bets Have Impacted the Online Casino Industry / Personal_Finance / Gambling
By: Submissions
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Friday, May 24, 2019
Stocks Topping, Dollar Up, Gold Getting Closer - AUDIO / Stock-Markets / Financial Markets 2019
By: Chris_Vermeulen
Chris Vermeulen joined us today. He believes that the stock market is topping out if it hasn’t already. This will lead to increased volatility and a move back to safe haven assets, i.e. gold. He believes that oil will break down briefly into the ’50s and then come roaring back shortly thereafter. The bigger and faster the decline, the fast the bounce back. Interest rates are headed lower.
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Friday, May 24, 2019
The Fed Is Caught Behind The Curve / Interest-Rates / US Interest Rates
By: Avi_Gilburt
I have written many times about how the Fed follows the market and does not lead it. And, we are about to see yet another example of history’s lessons.
For those that followed our work over the years, you would know that we called for a top to the bond market on June 27, 2016, with the market striking its multi-year highs within a week of our call. Since that call, TLT dropped 22%, until we saw the bottoming structure develop in late 2018.
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Friday, May 24, 2019
This Ultimate Formula Will Help You Avoid Dividend Cutting Stocks / Companies / Dividends
By: Robert_Ross
Many of you probably don’t have a telephone at home.
I’m not talking about a cell phone. I’m talking about a phone plugged into the wall.
The US Health Department reports that only 6.5% of homes are landline only, and most of them are in rural areas.
One company that services these stalwart landline customers is CenturyLink (CTL). It’s not a high-growth business, but its stable customer base made it a prime target for income investors.
This was doubly true after CenturyLink spiked its annual dividend from $0.26 to $2.17 in 2008. That lifted the company’s dividend yield to a hefty 7%.
Friday, May 24, 2019
The Top Three Benefits of a Lottery Online Account / Personal_Finance / Gambling
By: Submissions
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Friday, May 24, 2019
Technical Analyst: Gold Price Weakness Should Be Short Term / Commodities / Gold & Silver 2019
By: Clive_Maund
Technical analyst Clive Maund charts gold and explains why he believes gold will turn higher later in the summer. Gold and silver dropping back again late last week had investors in the precious metals sector feeling despondent, especially as their fears were magnified by at least one analyst calling for gold to drop to the low $900s or even lower, which is normal when prices sink, but our charts are instead suggesting that gold and silver are close to completing giant bottoming patterns that started to form (in the case of gold) as far back as 2013.
We can best see gold's potential giant base pattern on a 10-year chart. It can be described as a complex Head-and-Shoulders bottom or as a Saucer, and is best considered to be both, or perhaps as a hybrid having the characteristics of both patterns. In any event, as we can see on this chart, it appears to be drawing close to breaking out of it, which will be a very big deal if it happens, because a base pattern of this magnitude can support a massive bull market. As for timing it could take several months and it is most likely to happen during gold's seasonally strong period from July through September. To maintain the bullish case it must stay above the Saucer boundary.
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Friday, May 24, 2019
Silver Price Looking Weaker than Gold / Commodities / Gold & Silver 2019
By: Clive_Maund
Technical analyst Clive Maund charts silver and finds that it looks "considerably weaker than gold."Technical analyst Clive Maund charts silver and finds that it looks "considerably weaker than gold."
Silver looks considerably weaker than gold, although that is normal at this stage in the cycle. It is still considered likely that it is forming a Double Bottom with its lows of late 2015, and if so then the support at those lows should hold.
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Friday, May 24, 2019
Downward Reversal in Oil Is Knocking on the Door / Commodities / Crude Oil
By: Nadia_Simmons
Crude oil hasn’t closed higher yesterday and the previous series of rallies appears to face stiff headwinds. Is this it, or can the oil bulls pull a rabbit out of their hats? After all, they’ve reversed Monday’s downswing already. Or does the prospect of wide spectrum U.S. - China uncertainties have the upper hand? It’s making itself heard across the board and crude oil is no exception. Let’s assess the technical picture now.
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Friday, May 24, 2019
Nigel Farage's Brexit Party EU Elections Seats Results Forecast / ElectionOracle / BrExit
By: N_Walayat
It's May the 23rd and we're off to vote in the EU Elections, elections that shouldn't be taking place because Britain was supposed to LEAVE the EU on the 29th of March, but here we are near 6 weeks on forced to vote in an election that shouldn't be taking place!
So this election looks set to deliver Britain's political establishment another bloody nose as many millions of voters will ensure that the winner of the election will br Nigel Farage's Brexit party that looks set to far out poll other parties, perhaps even beat Labour, Lib-Dems and Tories combined!
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Friday, May 24, 2019
Powerful Signal from Gold GDX / Commodities / Gold and Silver Stocks 2019
By: P_Radomski_CFA
Gold and silver declined a bit yesterday, but mining stocks reversed and closed the session higher. It seems that the miners showed strength, especially that they formed a bullish reversal candlestick. But did they? The reversal candlesticks should be confirmed by strong volume and what we saw in the GDX ETF yesterday was the lowest daily volume of the year. In fact, the GDX volume was lower than any volume that we saw in 2018. And 2017. And 2016. And even 2015. The last time when we saw as low a volume was on May 21, 2014 (yes, exactly 5 years earlier). So, how should we read this price action?
It is not the reversal or relative strength that is the powerful signal from the GDX. It’s the extremely low volume reading. What makes it so important right now, is that since March 2013 there were only four similar cases and they were all followed by exactly the same thing.
Quick declines.
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Thursday, May 23, 2019
Eye Opening Currency Charts – Why Precious Metals Are Falling / Currencies / Forex Trading
By: Chris_Vermeulen
The incredible strength of the US Dollar over the past 12+ months has put downward pricing pressure on Gold and Silver. I believe this downward pricing pressure could be muting any upside price advanced in Gold and Silver by as much as 20% to 30% or more.
The US Dollar has turned into the global “safe-haven” for international investors and foreign governments. Over the past 6 to 12 months, or more, the US Dollar has been the only fiat currency to see any strength and upward trend. All the other major global currency levels have fallen – some dramatically lower.
The EUR, GBP, AUD, CAD, and CHF have all fallen sharply over the past 6 to 12 months as the strength of the US Dollar and US Economy continued to surprise many. We’ve been calling this a “capital shift” that started back in 2015~2016 – when the 2016 US Election cycle began and China began to implement capital controls. At the same time, foreign nations such as Brazil and Venezuela began to shift into an economic abyss while the UK dealt with BREXIT negotiations. All of these external factors created an environment where the US Dollar became a global safe-haven for global investors – all of which were seeking US equities and US Dollars to hedge weakening foreign currencies and weak foreign stock market performance.
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Thursday, May 23, 2019
Netflix Has 175 Days Left to Pull Off a Miracle… or It’s All Over / Companies / Internet
By: Stephen_McBride
Last year, half of Americans aged 22 to 45 watched zero hours of cable TV. And almost 35 million households have quit cable in the past decade.
All these people are moving to streaming services like Netflix (NFLX). Today, more than half of American households subscribe to a streaming service.
The media calls this “cord cutting.”
This trend is far more disruptive than most people understand. The downfall of cable is releasing billions in stock market wealth.
Combined, America’s five biggest cable companies are worth over $750 billion. And most investors assume Netflix will claim the bulk of profits that cable leaves behind.