Tuesday, December 18, 2018
Will US Government Shutdown Cause The Stock Market To Crash? / Stock-Markets / Stock Markets 2018
Last Monday, the market dropped over 70 points from its intra-day high to just below 2600SPX, and a reporter on television claimed it was due to the “postponement of the Brexit vote.” Yet, around mid-day, the market began to rally off its lows, and ended positive for the day. But, there was no substantive reason cited for this rally. The same television announcer simply noted that “stocks are rising after a wild day in the market yesterday.” Does that make “wild days” in the stock market a reason for a rally? I guess that is the best they could do when there was no news available to explain the rally.
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Tuesday, December 18, 2018
Will Powell Turn Into Dove and Make Gold Shine? / Commodities / Gold and Silver 2018
Tomorrow, the FOMC will publish its monetary policy statements and economic projections. How could they affect the gold market? And what about the recent developments in Europe?
FOMC Preview and Gold
The market awaits the monetary policy decision of the FOMC and its fresh economic projections. If the Committee surprises on the dovish (hawkish) side, gold will shine (struggle). Our bet is that – given the attitude of the new Board Governors, the stock market correction, and reduced forecast for global growth in the coming years – the December economic projections might be less optimistic than in September. It would be also in line with the previous December meetings when hawkish actions were accompanied by dovish signals.
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Tuesday, December 18, 2018
Why Chinese Economic Reforms Will Stay the Course / Economics / China Economy
After four decades of reforms and opening, China is accelerating the transition to post-industrial society.As Chinese President Xi Jinping gave his highly-anticipated speech on Monday on the 40th anniversary of Chinese reforms and opening-up policies, it was closely watched internationally in light of the 90-day truce in the U.S. trade wars.
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Tuesday, December 18, 2018
The Coming Financial Storm / Stock-Markets / Financial Markets 2018
The Dow Jones Industrial Average slumped more than 500 points Monday as investors looked ahead to this week’s Federal Reserve meeting amid mounting signs of slowing economic growth around the world. Major indexes opened modestly lower and began a steady descent around midday. All 30 stocks in the Dow industrials and all 11 sectors in the S&P 500 ended lower. The declines pulled the technology-heavy Nasdaq Composite into the red for the year, while the Russell 2000 index of small-capitalization stocks slumped into a bear market--a decline of more than 20% from its Aug. 31 high. And U.S. crude settled below $50 a barrel for the first time in 14 months.
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Tuesday, December 18, 2018
Landing at Dalaman Airport Turkey, Flying EasyJet Airbus A320 / Personal_Finance / Travel & Holidays
Thinking of spending a the Christmas Holidays in Turkey? Well here's what to expect when flying a budget airline such as EasyJet Landing at a Turkish airport such as at Dalaman, where the airport runway borders the beach so it's an over sea landing on what looks like a single air strip runway. The airport itself is small but looks like a fairly new build. So find out what it's like to land and exit your plain at Dalaman Airport.
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Tuesday, December 18, 2018
Jeff Gundlach thinks that a Stocks Bear Market has started. Is he Right? / Stock-Markets / Stock Markets 2018
The S&P is now sitting at a 1 year low. And of course, traditional technical analysis states “if the S&P breaks below this support level, watch out below”.
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Tuesday, December 18, 2018
Stock Buy-Backs Go Bust / Companies / Corporate News
The perfect storm of zero percent interest rates that existed concurrently with a debt-disabled economy lured executives at major corporations into a decade-long stock buyback program. The Fed pumped money into the economy thru its various Quantitative Easing programs to force interest rates near zero percent, with the expectation corporations would borrow money at the lowest rates in history and then invest in their businesses in the form of Property Plant and Equipment (capital goods). This in turn would expand productivity and help foster a low-inflation and strong growth environment.
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Tuesday, December 18, 2018
Political Theater Goes into Overdrive as US Government Shutdown Looms / Politics / US Politics
The Democratic party will be moving back into the control room in the House of Representatives.
Congress may commemorate the return to split government with a partial shutdown. The feud over construction of a border wall looks like it will not be resolved in time. It could be the first of many political dramas in 2019.
The debate over funding for the wall is theater, make no mistake.
Monday, December 17, 2018
Gold’s Not An Investment – You Won’t Get Rich / Commodities / Gold and Silver 2018
Perception of gold as an investment is fundamentally flawed. No matter the detail behind the analysis, gold is not an investment.
investment…a thing that is worth buying because it may be profitable or useful in the future.
Lets suppose you are at the grocery store and you see that butter is on sale for $2.00 per pound. Normally you pay $3.00 per pound or more.
Since you use butter in your cooking and eating, and buy butter regularly, you place the butter in your cart and express thanks for such good fortune. But why not take advantage of the sale? You buy an additional one month supply and place it in your cart.
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Monday, December 17, 2018
Stock Market At Medium-Term Lows, Which Direction is Next? / Stock-Markets / Stock Markets 2018
Friday's trading session was bearish, as the broad stock market got closer to its medium-term local low again. Will the downtrend continue today?
The U.S. stock market indexes lost 1.9-2.3% on Friday, retracing their recent advance, as investors' sentiment worsened again. The S&P 500 index is currently 11.6% below September the 21st record high of 2,940.91. The Dow Jones Industrial Average lost 2.0% and the Nasdaq Composite lost 2.3% on Friday.
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Monday, December 17, 2018
This Stock Will Drive America’s 5G Buildout / Companies / Mobile Technology
Who sells the basics? That’s the first question I answer when evaluating an investment trend.
In markets, those who sell the basics get rich.
James Marshall was the first guy to pull a gold nugget out of the mud during the 1848 gold rush. James literally struck gold. And yet, he left California broke.
Monday, December 17, 2018
Stock Market Turn In The Tide - Have a Happy Bear Market! / Stock-Markets / Stock Markets 2018
Using Charles Dow’s well known method of reading the stock market’s movements , on Friday December 14th 2018 , the averages confirmed a bearish indication and can now be classified to be in a bear market. This action Friday is the first occurrence of a valid bear market signal in 11 years. Together the Dow Industrials and Transportation averages triggered a bear market signal following a major bull market of unprecedented duration of almost 10 years. After 10 years of unprecedented monetary and policy intervention by the central banks of the world intending to fuel the bull market, the signal indicates the bull market has reached exhaustion and the primary trend has now reversed.
The implications of such a signal are beyond the ability of the vast majority of citizens to comprehend since a bear market has not been allowed to run its course since December 1974. Furthermore, an entire generation of investors has not even experienced a market in a primary downtrend since as has been 10 years since such an event last occurred.
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Monday, December 17, 2018
How A NASA Scientist Could Trigger The Next Cannabis Boom / Companies / Cannabis
Marijuana spent this year finding its feet. It may spend next year surfing a big wave of profits.
Marijuana 1.0 was all about the legalization drive, the dumping of billions of dollars of cash into the industry and mouthwatering, legitimizing mergers and consolidations—but it was a jockeying exercise in capacity expansion.
Marijuana 2.0 could be just as big a deal—it’s about the technological tweaks that will actually make this industry profitable.
Monday, December 17, 2018
iShares Russell 2000 IWM Leading Stock Market Decline / Stock-Markets / Stock Markets 2018
Current Position of the Market
SPX: Long-term trend – Bullish, but correcting within the long-term bull market trend.
Intermediate trend – A bearish correction has started which could retrace as low as 2200 before it is complete
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.
Monday, December 17, 2018
Newmont Mining Gann Angles / Commodities / Gold and Silver Stocks 2018
Newmont Mining (NEM) is a gold stock with plenty of institutional interest. This means due to its huge following it is a good candidate for Gann Angles.
Gold and gold stocks are waiting for the FED and other central banks to swing to dovish monetary policy, Powell hinted this in last speech, and next week the FED is expected to hike 0.25% to 2.5%, however the 3 previously planned hikes in 2019 look very doubtful.
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Monday, December 17, 2018
Morrisons Bargain Christmas Lights 2018 Sales Price Cut! / Personal_Finance / Money Saving
If you have not gotten around to getting some christmas lights to brighten up your home, then take note of cheap christmas lights currently on sale at Morrisons that have just been further reduced in price. These are battery operated string lights and range in price from £6 to £10 for a variety of types. Check out the video for full the details of whats on sale.
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Monday, December 17, 2018
Where is the Dow Stock Market Santa Rally? / Stock-Markets / Stock Markets 2018
On Friday the Dow closed near 500 points lower at 24,100. So with less than 10 days to go until Christmas there is no sign of the stock market Santa rally.
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Sunday, December 16, 2018
With Weaker Climate Consensus, Expect Elevated Climate Change / Politics / Climate Change
As the UN climate conference concluded with the expected dissension, efforts to contain global climate change are weakening at the worst historical moment. Emerging and developing countries will pay much of the bill.As representatives from more than 100 countries debated climate change in the COP24 - the 24th UN climate change conference – held in Katowice, Poland, the outcome could only be divisive.
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Sunday, December 16, 2018
SMIGGLE Advent Calendar 2018 UK Contents - What You Get Look Inside Review / Personal_Finance / Money Saving
Considering buying the SMIGGLE advent calendar for 2018 but wondering exactly what's inside, whether its worth the £25 price tag or not (discounted to £22.50 and £20 in places). Well wonder no more as we open up TWO SMIGGLE Advent Calendars to see what goodies are inside. We open two calendars just to make sure that they all contain the same items and vary from calender to calendar.
So find out in our latest SMIGGLE video exactly what's inside the 2018 Advent Calendar as we uncover to reveal ALL 25 gifts!
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Sunday, December 16, 2018
Is there a Lump of Coal in Santa's Stock Market Bag? / Stock-Markets / Financial Markets 2018
VIX eased down to challenge the weekly short-term support at 20.48 on Thursday. On Friday it bounced to close above its Cycle Top support/resistance at 21.25. Wall Street doesn’t seem to be alarmed.
(Bloomberg) Wall Street is making peace with the new normal of higher volatility as stocks careen between agonizing sell-offs and sudden rallies.
After the gut-wrenching $2.5 trillion wipeout in the S&P 500 since early October, traders are resting at relative ease as they prep for market bumps down the road.