Saturday, April 06, 2019

Gold Stocks Still Marching / Commodities / Gold and Silver Stocks 2019

By: Zeal_LLC

The gold miners’ stocks are still marching, grinding higher on balance in a solid upleg.  While interest in this sector has faded since late February, it is nicely set up for a strong rally.  After consolidating high and establishing a sturdy base, the gold miners are likely to soon report greatly-improved first-quarter results.  Couple that with gold itself powering higher, and the slumbering gold stocks should surge substantially.

The gold stocks are mired in something of a psychological limbo these days.  They aren’t exactly out of favor, but there’s little enthusiasm for this sector.  Investors and speculators have largely lost interest for technical, sentimental, and fundamental reasons.  It’s been 6 weeks since this gold-stock upleg surged to material new highs.  The major gold miners have been mostly grinding sideways since, consolidating and basing.

Contributing heavily to traders’ apathy is gold’s own price action in that recent span.  Gold overwhelmingly drives gold-mining profits, making these stocks leveraged plays on gold.  Gold’s own latest upleg high of $1341 came back in mid-February right before gold stocks topped.  Over the next 12 trading days gold fell 4.1% to $1285 during its usual pre-spring-rally-pullback period.  Slumps invariably sap traders’ enthusiasm.

Saturday, April 06, 2019

How to Make Tax Day Less Painful / Personal_Finance / Taxes

By: MoneyMetals

As Tax Day approaches, millions of Americans are becoming increasingly filled with panic and dread.

The Trump tax cuts may offer some relief. But not everyone will benefit greatly from them. A few could even see a higher tax bill for 2018 thanks to newly imposed limits on certain deductions.

The tax code itself remains absurdly complicated, needlessly invasive, and patently unfair. Some of that unfairness targets precious metals investors in particular.

Saturday, April 06, 2019

My Personal Experience with Trade.com / InvestorEducation / Learn to Trade

By: Submissions

Saturday, April 06, 2019

Stock Market DOW Seasonal Trend Analysis - Video / Stock-Markets / Seasonal Trends

By: Nadeem_Walayat

This is the eigth analysis in a series of videos that concludes in a detailed trend forecast for the Stock Market Dow Stocks Index covering to September 2019.

Friday, April 05, 2019

Will Global Slowdown Support Gold, or Is It Just Temporary? / Commodities / Gold & Silver 2019

By: Arkadiusz_Sieron

Mayday, mayday, we are sinking! The global economy is slowing down. How serious is the current slump? We invite you to read our today’s article about the true condition of the world’s economy and find out what are its likely implications for the precious metals market.

Economists and market analysts often make volte-face. We remember that in 2018 the pundits were heralding the synchronized global growth. One year later all the talking heads prophesy the synchronized global slowdown. What is happening? How serious is the current slump? And what are the implication for the precious metals market?

Friday, April 05, 2019

Warning Mr. Trump - Know Your Enemies / Politics / US Politics

By: Raul_I_Meijer

President Donald J. Trump
The White House
1600 Pennsylvania Avenue, N.W.
Washington, DC 20500.

Mr. President,

I write to you because I’m seeing something unfold that concerns you, and I have no way of knowing if you’re aware of it, nor have I seen anyone else mention it. That is, sir, you are being set up, a trap is being set for you, and unless you are aware of it, you may well walk into that trap eyes wide open.

It may not be in your briefing this morning, but the WikiLeaks organization has reported that high-ranking Ecuadorean state officials have told them Julian Assange will be expelled from their London embassy in a matter of “hours to days”. Now, I don’t know what your personal opinion is of Mr. Assange, maybe you think he deserves punishment for leaking secret files to the public.

Friday, April 05, 2019

Canadian Dollar May Be Setting Up For An Upside Breakout / Currencies / Canadian $

By: Chris_Vermeulen

Our researchers, at Technical Traders Ltd., believe a current pennant/flag formation in the Canadian Dollar is suggesting an upside breakout move may be setting up over the next 5~7+ days.  Recently, the Canadian Dollar has weakened from 0.76875 to lows near 0.74375.  Current price rotation is almost perfectly aligned with Fibonacci Price theory suggesting that the recent failure to establish any new lower price level (highlighted on this chart in MAGENTA), suggests a tightening price range as the current pennant/flag formation completes over the next 5~7+ days.  It is our belief that as long as the current price level stays above the 0.74375 level throughout the completed pennant apex, an upside price break is very likely.

Friday, April 05, 2019

FedEx’s Report Confirms Recession Fears / Companies / Recession 2019

By: John_Mauldin

Last month, the Fed joined its global peers and turned decisively dovish.

Jerome Powell and friends haven’t just stopped tightening. Soon they will begin actively easing by reinvesting the Fed’s maturing mortgage bonds into Treasury securities.

It’s not exactly “Quantitative Easing I, II, and III,” but it will have some of the same effects.

Why are they doing this?

Friday, April 05, 2019

Australia Is on the Brink of a Housing Market Collapse That Resembles 2008 / Housing-Market / Austrailia

By: John_Mauldin

The US has been an “island of stability” as economic woes grow all over the world. Other such islands exist, too.

Australia is high on the list. The last Down Under recession was 27—yes, 27—years ago in 1991. No other developed economy can say the same.

The long streak has a lot to do with being one of China’s top raw material suppliers during its historic boom. Australia has done other things right, too.

But all good things come to an end. While not officially in recession yet, Australia’s growth is slowing.

Friday, April 05, 2019

A Big Advantage: Knowing Where You Are In The Economic Cycle / Economics / Recession 2019

By: John_Mauldin

By Eric Basmajian : Geoffrey Moore, the father of leading indicators, once said that it is a big advantage just to know where you are in the economic cycle, let alone trying to forecast where it is going.

Most investors or analysts don't have a concrete way to define where we are in the cycle and use common but silly analogies to the inning of a baseball game to identify the current standing of the economy. I have even heard some analysts describe the economic cycle as being in "extra-innings." I understand this mentality but chuckle at the framework as it has become such a consensus saying that all media pundits seem to have an answer as to the inning of the game.

Friday, April 05, 2019

Boeing 737 MAX 8’s Problem Is Not Software / Companies / Airline Sector

By: Raul_I_Meijer

We had already been told that in the Ethiopian Airlines flight ET302 crash which killed all 157 people on board, the 4-month old 737 MAX 8’s anti-stall software reengaged itself four times in 6 minutes as the pilots struggled to straighten the plane post-takeoff. In the end, the anti-stall software won and pushed the plane nose-down towards the earth. Now, Ethiopia -finally?!- released its report in the March 10 crash:

Minister of Transport Dagmawit Moges said that the crew of the Ethiopian Airlines flight from Addis Ababa to Nairobi on 10 March “performed all the procedures repeatedly provided by the manufacturer but were not able to control the aircraft.” As result, investigations have concluded that Boeing should be required to review the so-called manoeuvring characteristics augmentation system on its 737 Max aircraft before the jets are permitted to fly again, she said.

Friday, April 05, 2019

HDFC Bank Elliott Wave Cycle from 2009 Getting Mature / Companies / Company Chart Analysis

By: ElliottWaveForecast

HDFC Bank Limited (Housing Development Finance Corporation) is an Indian banking and financial services company headquartered in Mumbai, India. It has 88,253 permanent employees as of 31 March 2018 and has a presence in Bharain, Hong Kong and Dubai. HDFC Bank is India’s largest private sector lender by assets. It is the largest bank in India by market capitalization as of February 2016. It was ranked 69th in 2016 BrandZ Top 100 Most Valuable Global Brands

HDFC Bank structure of the rally from the all time low is taking the form of an Elliott Wave Impulse and today, we will present the Long-term and mid-term Elliott Wave Analysis of HDFC Bank and also look at the upside targets after it broke above July 2018 peak (2220). HDFC Bank is part of NSE

Friday, April 05, 2019

General Motors: The Price Action is Key for World Indices / Companies / Company Chart Analysis

By: ElliottWaveForecast

Most of the World Indices have ended the cycle from the post-2009 Financial crisis low. But still, there are few Indices which are due for another cycle higher. SPX and SPY are running in an Elliott Wave Impulse structure. We at Elliott Wave Forecast believe in the idea of combining other Financial Instruments and relate them with each other. Consequently, we combine also cycles to each other. As we do understand that most of the time the Financial Market works, as a whole.

Recently, we did a blog about the SPY showing the increased volatility.  We explained how the Index can be doing a new high and can turn lower in a higher degree wave (IV). The most significant low in most of the Indices is the 12/2018. Above from there, the price action seems to unfold as an Impulse.

Friday, April 05, 2019

Boeing Crisis Set to Aggravate as FBI Joins Investigations, But Stock Remains Resilient / Companies / Company Chart Analysis

By: ElliottWaveForecast

Summary

• The two Boeing crashes in late 2018 and March 2019 killed more than 300 people.
• FBI assisting Federal transportation authorities in investigations leading to the aircraft’s certification.
• Possible conflict of interest between FAA and Boeing management suspected.
• Europe and Canada say they are conducting their own reviews into Boeing’s changes to the inflight control systems.
• Boeing’s woes would be compounded and put pressure on the stock if airlines start cancelling pre-booked orders.
• Boeing stock resilient until now but could slump if prices break the recent lows of $363.

Thursday, April 04, 2019

The Stock Market is Eerily Quiet / Stock-Markets / Stock Markets 2019

By: Troy_Bombardia

The stock market went nowhere today and volume was extremely low. Traditional technical analysis sees low volume rallies as an ominous sign (“volume must confirm price”, “air is getting thin at the top”, etc)

Thursday, April 04, 2019

Is 35/55/3/3/4 the Ultimate Investment Portfolio Today? / Portfolio / Investing 2019

By: Jared_Dillian

Lot of strong feelings on gold.

Some people think it has no utility. Other people have pretty reasoned arguments about how gold maintains purchasing power across the centuries.

It was in a bubble eight years ago that sucked a lot of people in. There were some sketchball commercials for gold on Fox News. The people who missed the bubble spent the next eight years mocking the people who got sucked into it.

(I got sucked into it.)

Thursday, April 04, 2019

Monthly Technical Analysis for Major Shares / Companies / Company Chart Analysis

By: Submissions

AAPL stock

Following a disappointing 2018 Q4, the Apple stock started to trend higher starting from January 3rd. The stock managed to rebound more than 25% from the lows and managed to overcome the key 184.89 resistance level, which had now become support.

Thursday, April 04, 2019

Stock Market Mixed Expectations, All Eyes on Tomorrow’s Jobs Data / Stock-Markets / Stock Markets 2019

By: Paul_Rejczak

Stocks slightly extended their short-term uptrend on Wednesday, as investors’ sentiment remained bullish following the recent rally. The S&P 500 index was the highest since the early October yesterday, but it closed just 0.2% higher. So will the uptrend continue?

The U.S. stock market indexes gained 0.2-0.6% on Wednesday, slightly extending their short-term uptrend once again, as investors’ sentiment remained bullish following the recent rally. The S&P 500 index retraced more of its October-December downward correction of 20.2%. The broad stock market's gauge is now just 2.3% below September the 21st record high of 2,940.91. The Dow Jones Industrial Average gained 0.2% and the Nasdaq Composite gained 0.6% on Wednesday.

The nearest important resistance level of the S&P 500 index remains at 2,890-2,900, marked by some early October local highs. The next resistance level is at 2,920-2,940, marked by the mentioned record high, among others. On the other hand, the support level is now at 2,860-2,865, marked by some recent local lows. The next support level remains at 2,835-2,845, marked by the Monday’s daily gap up of 2,836.03-2,848.63.

Thursday, April 04, 2019

The Impact of Monetary Policy on Gold / Commodities / Gold & Silver 2019

By: Arkadiusz_Sieron

In March, the World Gold Council released the newest edition of its Investment Update. What can we learn from the publication? Let’s examine the most recent history of Fed tightening and loosening with respect to its effect on gold prices.

Is Fed’s Dovish Turn Positive for Gold?

The WGC has recently published the new Investment Update about the effects of monetary policy on gold. The main finding is that, historically speaking, when the US monetary policy turns from being tight into a neutral stance, the price of the yellow metal increases, although this effect is not always immediate. Indeed, the gold’s reaction to the March Fed’s U-turn was initially rather muted, as the chart below shows.

Thursday, April 04, 2019

Gold and Silver Are Presenting A Buying Opportunity / Commodities / Gold & Silver 2019

By: Avi_Gilburt

While so many were getting so bullish of the metals market over the last few months, my work was telling me that we were not likely going to be seeing a major break out just yet. So, I have been waiting patiently for a good set up for another long trade.

But, during my wait, I have seen extremes in sentiment again. At the highs, the extremes were quite bullish. And, now, the fear is starting to creep back into the market.