Wednesday, February 27, 2019
Gold and Silver Prepare For A Momentum Rally / Commodities / Gold & Silver 2019
Today we warn of a potential downside price rotation in precious metals that may last 3~5+ weeks as metals set up for a massive breakout rally which we believe will start in late April or early May. Our custom indicators are suggesting that precious metals, and the general US stock markets, may be setting up for a bit of a reprieve rotation after a very impressive recovery. Be patient as we believe this pullback in prices will provide an excellent buying opportunity for the eventual momentum rally setting up in about 30+ days.
Let’s start by looking at our Custom Market Volatility indicators. The Weekly chart below highlights the recent recovery in the US stock market since the December 24th, 2018 lows and also shows that the current recovery level is sitting right at a 61.8% Fibonacci level. It is our belief that a period of general price weakness will begin to unfold over the next 10~15+ days in the US stock market. This rotation is very healthy for the next leg higher – the momentum rally we have been suggesting will take place in the near future.
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Wednesday, February 27, 2019
The Green New Art of the Deal / Politics / US Politics
There are lots of people talking about how they much disagree with Alexandria Ocasio-Cortez, how silly she is, how dumb and impossible and irresponsible her Green New Deal is, but I think they’re missing a point or two. First of all: what’s the alternative? Who would you trade her for? Hillary? Feinstein? Pelosi? Bernie Sanders? Cory Booker?
Would you rather things stay the same? I can see that from the Hillary Pelosi camp, but not from any other Democrats – nor, obviously, Republicans. Three quarters of America must be dead sick of that cabal, the 50% that are GOP, plus the half of Democrats that would also prefer to vote for someone below 75 years old because 90% are themselves younger than that.
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Wednesday, February 27, 2019
Home Equity Release Market Expands to Meet Growing Demand / Housing-Market / Mortgages
The equity release market has evolved significantly over the past five years, so much so that the number of deals available has expanded enormously. This increase in choice has been driven by growing demand from consumers searching for options to release cash from their homes.
Indeed, the latest research from Moneyfacts.co.uk can reveal that there are now over 200 lifetime equity release deals available on the market today, five times more than that seen in 2014, when there were just 40. Not only this, but the market has grown by more than 50% since a year ago, when there were 131 deals available.
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Wednesday, February 27, 2019
Examining Trading Platforms: Features to Watch For / Stock-Markets / Trading Systems
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Tuesday, February 26, 2019
What Do You Want, Mr. Gold? / Commodities / Gold & Silver 2019
Barrick wants to buy Newmont. Trump wants a deal with China. Palladium wants to fly into space. And what does gold want?
Will Barrick and Newmont Create Gold Monster?
Do you remember our January 24, 2019 edition of the Gold News Monitor? We analyzed in that report the historic transaction in the bullion industry, i.e. the Newmont Mining’s purchase of Goldcorp, which will create the world’s largest gold miner. Forget it!
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Tuesday, February 26, 2019
Credit Card 0% Deals Cut Down to Combat Debt Crisis / Personal_Finance / Credit Cards & Scoring
Customers looking to switch their debts from one interest-free balance transfer deal to another will now have less time to repay their debt before interest applies compared to a year ago. In February 2018, the Financial Conduct Authority (FCA) introduced new rules to tackle the issues surrounding persistent debt and gave providers until September to adhere.
Since then, research from Moneyfacts.co.uk can reveal that the longest deal available today on 0% introductory balance transfers is 32 months, down by five months since this time a year ago, when the longest was 37 months. This is a steady decline in lengthy deals and seems set to continue.
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Tuesday, February 26, 2019
The Coming Bitcoin Ambush / Currencies / Bitcoin
If you are accurate drawing your trading channels you will see this ambush setup on bitcoin.
All charts of bitcoin are in USD terms.
The big boys (and some late to the party) want to accumulate hard to get coins, therefore the only way they can do this is scare them out of the weak hand wallets. Those who brought above $1000 on the way up to $20000. Of course (and lets hope for the bulls) the big boys do not want to break the chart completely and force a panic sell off beyond critical levels of massive support (say BTC $1000 USD).
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Tuesday, February 26, 2019
Stock Traders Must Stay Optimistic – The End / Stock-Markets / Stock Markets 2019
This, the final segment of our multi-part research post regarding the potential future market direction as well as to identify if there is any real concern for traders regarding a “total market collapse” as some Doomsayers are predicting should help you understand what our researchers believe is the most likely outcome. In the previous segments of this research post, we’ve covered everything from the globalization of markets and economies to key elements of core pricing levels and valuation levels of economies, equities markets and more. The data is out there if you know where to find it and how to read it. All one has to do is step back from the shorter term charts and see the bigger picture for a bit.
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Tuesday, February 26, 2019
This is the Stock Market’s Biggest 2 month Rally Since 2009. What’s Next? / Stock-Markets / Stock Markets 2019
It has been exactly 2 months since the stock market’s bottom on Christmas Eve 2018. Since then, the S&P has rallied more than 18%, which makes this one of the biggest 2 month rallies of all time.
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Tuesday, February 26, 2019
Momentum Stock Trading Strategy For Optionable Stocks / InvestorEducation / Learn to Trade
It been a great couple weeks for members of our newsletter as we start to provide more of our MRM – Momentum Reversal Method Stock Picks.
As technical traders, we specialize in trading price action and momentum. We don’t follow the news or media because it has zero predictiveness in price action.
Take a look at our most recent closed trades.
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Tuesday, February 26, 2019
It’s Dumb To Have No Gold Amid All Of This / Commodities / Gold & Silver 2019
The Green New Deal is silly and not worth our attention. It implies we can have anything we want if the Federal Reserve extends credit.
Let me blow your hair back for a second.
The two biggest US stock market rallies (in the 1920s and in 1990) occurred when the budget deficit was disappearing or had disappeared.
Calvin Coolidge led the US through most of the Roaring Twenties. And he is perhaps the second-least well-understood president of the 20th century (behind only Warren Harding).
Tuesday, February 26, 2019
Federal Reserve Colludes With Banks To Drive Up Stock Prices / Stock-Markets / Stock Markets 2019
Insider trading occurs when someone makes money investing in a public market with knowledge unavailable to the public. Martha Stewart was jailed for such activity or more specifically, lying about insider trading.
Insider trading is a charge reserved for little people. The swamp protects its own.
Insider trading was even perfectly legal for our members of Congress until just a few years ago. Speaker of the House Pelosi is known to have made a tidy fortune with such privilege. For instance, when Visa announced an IPO, Ms. Pelosi bought in. Is she a great investor? Hardly. There was legislation in the House that would have added regulations to credit card companies like Visa but Ms. Pelosi made sure that legislation never made it to the voting floor. Imagine, a proposed government regulation that Pelosi did NOT agree with. I wonder why? Visa IPO’d and burst higher enriching Ms. Pelosi. Today, the same speaker calls for a ‘moral economy’. Really?
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Tuesday, February 26, 2019
Gold Price Breakout: Three Major Factors / Commodities / Gold & Silver 2019
The Gold suppression game appears finally to be coming to an end. A Perfect Storm is hitting the Gold market, with an internal factor (QE), an external factor (SGE), and a systemic factor (Basel). These factors can be identified, each very powerful, each with a very new recent twist to alter the landscape. All three forces are positive in releasing Gold from the corrupt clutches of the Anglo-American banker organization. They have been willing to destroy the global financial structure and many national economies, in order not just to maintain the political power, but also to continue the privilege of granting themselves $trillion free loans. The owners of the US Federal Reserve, Euro Central Bank, and Bank of England have granted themselves free money in gifted pilferage for a full century. As the saying goes, a nation needs a central bank like an oyster needs a piano. In the last ten years since the Lehman Brothers failure, all systems have undergone the same reckless treatment that the mortgage bonds endured. They saw corrupted underwriting, corrupted title database, and corrupted demand functions.
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Tuesday, February 26, 2019
Supply Problems Worsen in Minted Silver / Commodities / Gold & Silver 2019
Sales of the Silver American Eagles are off to stronger start this year, and the U.S. Mint has once again been caught flat-footed. Dealers received the following statement from the Mint last Thursday:This is to inform you that we have temporarily sold out of our inventories of 2019-dated American Eagle Silver Bullion Coins. In addition, all remaining 2018-dated inventories have been sold too.
The West Point Mint is busy producing additional 2019-dated American Eagle Silver Bullion Coins. We hope to be able to re-launch the 2019-dated coins in a few weeks.
Tuesday, February 26, 2019
The "Ultimate Trading Strategy" eBook / InvestorEducation / Learn to Trade
eBook - The Ultimate Trading Strategy!
Whether you’re just starting out in trading or you’ve been at it awhile, it’s best to keep things simple. I’ve been trading a long time now, since 2002. First as a trainee stockbroker. And finally, ‘cracking’ it with consistent results when I honed the approach I discovered when I came to Trendsignal in 2004. Along the way, I’ve discovered that simple is best.
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Monday, February 25, 2019
Fed Repo Man’s Valentine’s Day Present / Interest-Rates / US Interest Rates
The New York Federal Reserve recently sent out an early Valentine’s Day present to a certain group of individuals. However, this gift wasn’t to overleveraged American consumers; but rather to those who are employed repossessing one of those goodies they can’t afford. On February 12th the NY Fed made the announcement that a record number of consumers are falling behind on their car payments. There are now over 7 million car loans past due by at least 90 days as of Q4 2018, along with a record 89 million loans that are outstanding. For Subprime Auto borrowers with credit scores below 620, the delinquency rate spiked to over 16% and the number of subprime borrowers jumped to 20% of loans outstanding. The amount of overdue loans has spiked by 1.3 million since its previous high set in 2011, when the unemployment rate was at 9%.
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Monday, February 25, 2019
Warren Buffett Bought Only One Stock in This Sector—and It’s Exploding / Companies / Retail Sector
Amazon sells stuff online for cheap. Usually cheaper than what you’ll pay in a store.This has given the company a critical edge over brick-and-mortar retailers.
Since it was founded 24 years ago, Amazon has contributed to putting Bon-Ton, Borders, Circuit City, RadioShack and hundreds of store chains out of business.
Many other retailers are barely clinging to life.
Macy’s (M), JCPenney (JCP), and GameStop (GME) still have a pulse, but they’re fading fast. Since 2014, their stocks have plunged 53%, 77%, and 68%.
Store closings in the US hit an all-time high last year, according to leading research firm Nielsen.
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Monday, February 25, 2019
Now For The Intense Phase Of The Silver Bull Market / Commodities / Gold & Silver 2019
Like all bull markets, the silver bull market has different phases, and theses phases have different intensities of price growth.
There are various indications/signs that silver is going into a phase of the bull market where prices will rise much faster than before. I have covered some of them in previous articles.
Here are a few things to look at.
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Monday, February 25, 2019
S&P 500 Gets Closer to 2,800, Will Stocks Continue Higher? / Stock-Markets / Stock Markets 2019
The broad stock market slightly extended its short-term uptrend on Friday following breaking above the recent consolidation. But will stocks continue higher despite some clear technical overbought conditions?
The U.S. stock market indexes gained 0.6-0.9% on Friday, as investors' sentiment remained bullish following the recent advances. The S&P 500 index retraced more of its October-December downward correction of 20.2%. It got closer to the previous local highs along the 2,800 level. The Dow Jones Industrial Average gained 0.7% and the Nasdaq Composite gained 0.9% on Friday.
The nearest important resistance level of the S&P 500 index remains at around 2,800, marked by the previous medium-term local highs. On the other hand, the support level is now at 2,765-2,780, marked by the recent local lows. The support level is also at the previous Friday's daily gap up of 2,757.90-2,760.24.
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Monday, February 25, 2019
Buy-to-let Mortgage Product Choice Reaches Post Financial Crisis High / Housing-Market / Buy to Let
While the tax and rule changes imposed on the buy-to-let (BTL) sector over the last few years have heightened the pressures felt by landlords – and even forced some from the market altogether – research from Moneyfacts.co.uk shows that the number of BTL products currently available is at a post-financial crisis high.
Today, landlords have the choice of 2,162 buy-to-let mortgages, meaning the number of products has not been higher since October 2007, when 3,305 products were available.
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