Tuesday, July 31, 2018
What You Need to Learn When Getting Involved in Cryptocurrency / Commodities / BlockChain
...
Tuesday, July 31, 2018
Stock Market Selling on the News / Stock-Markets / Stock Markets 2018
Current Position of the Market
SPX: Long-term trend – The bull market is continuing with a top expected in the low 3000s.
Intermediate trend – A correction in the intermediate trend should keep prices above the 2680 level.
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, July 30, 2018
US Q2 GDP vs. TechnologyStocks Concerns vs. Foreign Markets / Stock-Markets / Stock Markets 2018
This past week has been very interesting in the US markets for a couple of reasons. It is time we took a hard look at what to expect going forward and ho in the US. 4.1% GDP for Q2 is massive compared to the previous administrations GDP levels. Granted, these levels may not be sustainable in the long term above 4%, but we can only assume levels above 3% are going to last for a while unless something dramatic changes the economic footing within America.w this news will likely drive future market moves.
First, the Q2 GDP number came in as a huge boost to the US economy and for the future expectations of economic growth
Read full article... Read full article...
Sunday, July 29, 2018
The Trillion Dollar Stock Question / Stock-Markets / Stock Markets 2018
How many people do you know who are billionaires? Unless you are a billionaire, probably not too many. How many people do you know who run companies worth a trillion dollars?Currently none, but that could change in August.
The last full week of July has presented us with three possible candidates for the trillion-dollar circle; the pinnacle of stock market mountain.
Read full article... Read full article...
Sunday, July 29, 2018
The Road to War: Buying Fear - Gold / Commodities / Gold and Silver 2018
Gold has been dropping like a stone over the last several months, and getting no relief as the summer doldrums for precious metals meander along. Historically gold’s worst month is March, with January and September the next best months to look for a rally. September is when gold demand spikes in India due to the buying of jewelry for weddings to correspond with the Diwali festival in October-November. April to July is when gold usually drops below its average monthly return.
Read full article... Read full article...
Sunday, July 29, 2018
Gold Shorts Near Record! / Commodities / Gold and Silver 2018
Gold continues to drift near summer-doldrums lows, feeding and intensifying bearish sentiment. But an exceedingly-bullish event just happened which will ignite a major new upleg. Speculators’ gold-futures short positions have soared near all-time record highs! That means the recent heavy gold selling is exhausted, and massive proportional short-covering buying is imminent. That will catapult gold much higher.
Short-term gold price action is dominated by speculators’ gold-futures trading. This is counterintuitive as this group of traders and the capital they control are small compared to investors and their vast funds. But the futures guys still wield wildly-disproportional outsized influence over gold. It’s impossible to game short-term gold action if you’re not watching and analyzing speculators’ collective gold-futures trading activity.
Read full article... Read full article...
Sunday, July 29, 2018
S&P 500 vs. Gold (AKA Amigo #1); a Closer Look at Risk / Stock-Markets / Stock Markets 2018
Not much has changed since the last 3 Amigos macro update. Amigo #2 (long-term yields) has long-since reached the Continuum’s ™ limiter (the 100 month exponential moving average on the 30 year Treasury yield) and Amigos #1 (SPX/Gold) and #3 (the 10-2 yield curve) are still on their respective trends (up for SPX/Gold and flattening for the yield curve), indicating a positive and risk ‘on’ macro backdrop.
Of the 3 wacky riders, with Steve Martin now having gotten home and Martin Short a duller indicator (and lesser light), let’s focus on the Chevy Chase Amigo. There he is on the left, a look of triumphant joy on his face riding one-handed with his arm up in the air. Not a care in the world (as Steve Martin braces for the impact of Continuum’s limiter).
Read full article... Read full article...
Sunday, July 29, 2018
Conflicting Views on Crude Oil Price / Commodities / Crude Oil
Recent days were good for oil bulls. Thanks to their action, the price of the commodity came back to around $70 and one of the daily indicators even generated a buy signal. Did the outlook turn to bullish? In our opinion, it didn’t. Furthermore, it seems that a fresh July low is still ahead of us. Why? The answer is quite simple - an analogy to the past.
Read full article... Read full article...
Saturday, July 28, 2018
The Key Partnerships Behind Game-Changer DasCoin / Currencies / BlockChain
...
Saturday, July 28, 2018
Strong US Dollar Could Cap Oil Prices / Commodities / Crude Oil
The strength of the U.S. dollar poses an obstacle to further gains in oil prices.
President Trump's trade war with China, which is still in its early stages, has already battered the yuan. The dollar has gained more than 8 percent against the Chinese currency since March. As Reuters points out, in dollar terms the price of Brent oil has climbed 9 percent this year, but in yuan terms oil is now nearly 14 percent more expensive.
Read full article... Read full article...
Saturday, July 28, 2018
Stock Market Continues to Ignore “Sell in May and Go Away”. A Bullish Sign / Stock-Markets / Stock Markets 2018
As demonstrated in today’s daily market outlook, the S&P 500 tends to experience seasonal weakness from May – September.
Read full article... Read full article...
Saturday, July 28, 2018
Trading ANY Market, ANY Timeframe: How to Spot New Opportunities / Stock-Markets / Financial Markets 2018
Dear Reader,
On July 31, you are invited for a rare, free opportunity to see for yourself how to use simple, everyday price charts to find reliable trade setups -- in any market and any timeframe.
Read full article... Read full article...
Saturday, July 28, 2018
A Little Extra Always Helps / Personal_Finance / Gambling
....
Saturday, July 28, 2018
How to Arrange an Inexpensive Holiday with Online Dating / Personal_Finance / Money Saving
Andy Charlson writes: There are various misconceptions about dating sites which are bandied about. One of the most misleading is they only exist for people who have been unable to find a partner going through the more traditional routes. Another is they purely exist for meeting up for casual encounters. The truth of the matter is, relationship sites appeal to a diverse cross-section of people, single or otherwise. For many, the whole point of sites like https://www.beyondthecharter.com/ is not necessarily to flirt at all. It is more about engaging with a cross-section of interesting and exciting individuals in order to widen their social circle.
Read full article... Read full article...
Friday, July 27, 2018
How Online Dating Can be a Terrific Way to Save Money / Personal_Finance / Money Saving
Andy Charlson writes: Let's be honest. Relationships can be one of the most expensive social activities we indulge in. On a quest to find the ideal partner, we might go through any number of what could be termed ‘dummy runs' with people who ultimately turned out to be unsuitable candidates. Then there is the actual process of dating itself. No matter how attractive we are to a significant other, taking them out on a date night can leave a serious dent in any wallet. Unfortunately, the more you want to impress a new partner by taking them to the more exclusive restaurants or expensive nightclubs, the greater the cost. In these uncertain economic times, it does no harm to consider areas where you can draw those horns in. This is where Internet dating can be a fantastic resource for controlling your budget.
Read full article... Read full article...
Friday, July 27, 2018
Gold Stocks Testing Last Ditch Support / Commodities / Gold and Silver Stocks 2018
Although precious metals have not rebounded too strongly yet, the long awaited summer rally could be underway (at least in Gold). Gold is oversold and its sentiment is overly bearish. But it is holding important support in the low $1200s. Silver has begun to rally after breaking down from a triangle consolidation. The gold stocks held up well during recent carnage in the metals but are struggling around very important support levels. The nature of their potential rebound is important as they try and maintain current support.
Read full article... Read full article...
Friday, July 27, 2018
Silver Threads among the Gold: What the Tea Leaves Seem to Be Telling Us / Commodities / Gold and Silver 2018
The ongoing July silver (and gold) slam has a 2008 feel about it. Important data point elements are different, but there's an air of panic on the part of physical precious metals' owners.
"Major trend lines" being broken to the downside; physical metals' buying (in the U.S. off significantly so far on the year; (some) long-term silver holders giving up the ghost and selling their metal below spot.
Read full article... Read full article...
Friday, July 27, 2018
Tariffs, Barriers and Subsidies / Stock-Markets / Protectionism
There’s not a shade of a doubt that I’m not an expert on tariffs, trade barriers and subsidies, and I’d be the last to suggest any such thing. But I can read. Still, do correct me if I’m wrong anywhere. The whole field is so complicated -no doubt often on purpose- that there’s always the possibility that there are side issues involved for which one would need to actually be an expert.
But still. Now that EU chief Jean-Claude -‘When it becomes serious, you have to lie’- Juncker is due to arrive at the White House soon, I looked at some of the items involved. Last night Trump said that all tariffs, barriers and subsidies should be dropped between the EU and US. Why the TTiP doesn’t come anywhere close to that is anyone’s guess. Too complicated for the boys and girls?
Read full article... Read full article...
Friday, July 27, 2018
The Stock Market is Near New All-time Highs. Forward Returns are VERY Bullish / Stock-Markets / Stock Markets 2018
So far in 2018 we have been consistently on the right side of the market via:
- Focusing on the fundamental economic data.
- Using quantitative market studies to determine whether the market is more likely to go up or down.
The S&P 500 is now within 1% of its all-time highs, while the S&P 500’s Total Return Index (which includes dividends) has already made a new all-time high vs. its January 2018 high.
Read full article... Read full article...
Friday, July 27, 2018
Supposedly Bullish Gold’s CoT Signal / Commodities / Gold and Silver 2018
At first sight, yesterday’s session was quite boring – gold ended the session practically unchanged while silver and mining stocks were only a little higher. The USD Index was practically unchanged. But just because nothing happened in the market in terms of the daily closing prices, it doesn’t mean that we don’t have anything interesting to discuss. We do. There is a boomerang topic that just came back once again – the Commitment of Traders report for gold seems to be favoring higher gold prices as the current readings were seen at previous local bottoms. Are we going to see a CoT-driven rally shortly?
Read full article... Read full article...