Wednesday, June 20, 2018
The Fed Is Driving Down Oil Prices / Commodities / Crude Oil
The U.S. dollar has jumped to its strongest level in nearly a year, raising questions about how a strong greenback could act as a drag on debt and oil demand in much of the world.
The U.S. Federal Reserve announced another rate hike a few days ago, which helped edge up the dollar to a new high for the year.
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Wednesday, June 20, 2018
Open House is Now On! A $1,180 Ticket to New Trading Opportunities, Free / Stock-Markets / Financial Markets 2018
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Tuesday, June 19, 2018
Major Turnaround in Crude Oil’s Price / Commodities / Crude Oil
Crude oil’s Friday’s huge daily decline was not followed by yet another daily slide, but by a profound reversal. The price has surely turned by 180 degrees, but can we say the same thing about the outlook for the following days?
No. The volume doesn’t support this outcome and as you’ve seen in the previous several days, indications and confirmations from volume are very important. In fact, the low volume was one of the key reasons that made us open the short position at $66.78 on Wednesday.
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Tuesday, June 19, 2018
Outrage at What the United States is doing to Children Across the World! / Politics / US Politics
Yes, you have every right to be outraged at the disgraceful treatment of children on America’s borders. But that does not give you the right to NOT be outraged by what America has done and is today still doing to children in, just to name a few places, Syria, Libya and Yemen. Be outraged, but don’t make it an echo chamber issue. Because if you do, you, too, are in a cage.
So if you see the wives of former presidents speak out about the child separation policies, ask yourself where they get the moral authority to speak out on such issues, after their husbands have bombed the crap out of many countries, killing many many children in the process. And don’t let’s get started about Hillary Clinton when she was Secretary of State.
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Tuesday, June 19, 2018
The Fed Screwed Up… and the Markets Know It / Forecasts / Stock Markets 2018
Last week the Fed announced it intends to hike rates another two times this year, with three more hikes next year. The Fed also announced that it will continue to increase its QT program with the goal of eventually withdrawing $50 billion in liquidity per month, or some $600 billion per year.
The market didn’t like this announcement, with stocks in a sea of red. This has raised the question… “is the Fed going to trigger a market meltdown?”
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Tuesday, June 19, 2018
Credit Card Debt and the Costs of Borrowing Are on the Rise / Personal_Finance / Credit Cards & Scoring
The quarterly Moneyfacts UK Credit Card Trends Treasury Report, which studies the UK personal finance market (Unsecured Personal Loans, Credit Cards and Overdrafts), reveals that the average purchase and cash rates on credit cards have risen during Q2 2018, as has the average cash withdrawal fee. This comes at a time when credit card borrowing is on the rise, up by around £3 billion year-on-year, while £318 million of credit card debt was written off in the first quarter of 2018*.
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Tuesday, June 19, 2018
Short-term Turnaround in Bitcoin Might Not Be What You Think / Currencies / Bitcoin
The last couple of weeks have been disheartening for Bitcoin bulls. The currency has been on a move down. Is this about to end? The answer to this question determines whether the profits on our hypothetical positions are about to grow.
News has come out that the recent move down might be over. In an article on the Forbes website, we read:
The plunge began Sunday, with several factors possibly feeding into it, including a cyber-heist that hit South Korea’s Coinrail cryptocurrency exchange—even though no bitcoins were stolen—and a U.S. regulatory probe into Bitcoin price manipulation.
Tuesday, June 19, 2018
Stock Market’s Short Term Downside Will be Limited / Stock-Markets / Stock Markets 2018
Over the past 2 weeks I said that the stock market would face some short term downside (i.e. would swing sideways or fall a little). So far I’ve been right. The stock market has gone down a little bit (see S&P 500).
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Tuesday, June 19, 2018
Natural Gas Setup for 32% Move in UGAZ Fund / Commodities / Natural Gas
As we all know a picture says 1000 words, which is one of the reasons why I gravitated to trading using technical analysis. I can look at a chart and in seconds understand what price has done and is likely to do in the near future, without knowing a single thing about the company, index, or commodity. Why spend time reading news, financial statements, and other opinions when you can fast-track the entire process with a chart.
So, let’s just jump into the 30-minute chart of natural gas which shows the regular trading hours 9:30am – 4pm ET.
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Tuesday, June 19, 2018
Magnus Collective To Empower Automation And Artificial Intelligence / Companies / AI
The artificial intelligence and robotics industries tremendously grew in the past 10 years up to a point where potential is clearly defined as being huge. Even if the industry did struggle to find a truly unified vision and voice about how to move forward, projects like Magnus Collective can help take everything to a brand new level.
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Tuesday, June 19, 2018
Trump A Bull in a China Shop / Stock-Markets / Stock Markets 2018
In light of the developing trade war between the US and China, let’s review the all-important Semiconductor sector and in particular, the Semi Equipment segment, which is a key economic early bird (and canary in a coal mine).
Various sectors took hits on Friday as Trump moved forward with Tariffs on China. But most of those sectors and industries are follow-on aspects of the economic cycle, which got its start when the early bird chirped in early 2013.
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Tuesday, June 19, 2018
Minor Car Accident! What Happens After You Report Your Accident to Your Insurer / ConsumerWatch / Motoring
So you have been involved in an minor accident that's not your fault. Initially you may be confused and bewildered by the numerous options of what to do next of which the easiest to implement is to just let your insurer handle everything from arranging the repairs, courtesy car, to claiming all of the costs off of the other drivers insurer. Unfortunately, what's easiest to implement usually turns out to be the cheapest for the insurers even if they eventually claim all of the costs back. So find out what to expect when you decide to go with your insurer in terms of repairs and the supposed like for like courtesy car that tends to be promised for you to drive whilst your car is being repaired.
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Monday, June 18, 2018
US Majors Flush Out A Major Pivot Low and What’s Next / Stock-Markets / Financial Markets 2018
Closing out a big week in the markets, we see the US markets rotating a bit lower after a number of news events. Some of these were very positive and others were negative. The take away from last week can be condensed into the following:
_ The US Dollar strengthened all week and shot up above $120 near the end of the week
_ Crude Oil tanked on Friday – falling nearly 3% to just below $65.00 ppb
_ EURUSD fell nearly 2% on QE concerns in Europe as well as trade issues that are mounting
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Monday, June 18, 2018
Cocoa Commodities Trading Analysis / Commodities / Cocoa
Latest Price – $2552
Pattern – we have a pattern of lower lows and lower highs on this chart signifying a downtrend. Given that price has risen sharply this year so the question becomes is this the start of a new bull trend? No, not in my opinion.
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Monday, June 18, 2018
Stock Market Consolidating in an Uptrend / 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 – The intermediate correction from 2873 has ended and we are in a new intermediate uptrend which should take SPX to a new all-time high.
Monday, June 18, 2018
Russell Has Gone Up 7 Weeks in a Row. EXTREMELY Bullish for Stocks / Stock-Markets / Stock Markets 2018
Last week I published a study demonstrating what happens to the stock market when the Russell 2000 (small caps) index goes up 6 weeks in a row. The Russell has extended that streak to 7 weeks in a row.
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Monday, June 18, 2018
Ethereum & Bitcoin: First Sign of Unravelling Cryptos / Currencies / Bitcoin
In articles starting in April I discussed the bullish impulse we had seen off the April lows for nearly every coin I track. And, I discussed how the lows on May 28 were testing levels that, if broken, threatened the continuation of that impulse.
Unfortunately, as of writing, those levels have broken. These levels were $7075 in bitcoin (BTC-USD) and $505 in ethereum (ETH-USD). And, while we have a few outliers in the cryptocurrency, most coins are following suit.
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Monday, June 18, 2018
Orange Juice Commodity Trading Analysis / Commodities / Commodities Trading
Latest Price – $159.90. Previous analysis updated – price has traded exactly as outlined, rallying before finding resistance and I now believe the next leg up has commenced.
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Monday, June 18, 2018
What Happens Next to Stocks when Tech Massively Outperforms Utilities and Consumer Staples / Stock-Markets / Sector Analysis
The tech sector has massively outperformed the utilities and consumer staples sectors over the past year.
- The S&P 500 Information technology sector is up 33%…
- While the Utilities sector is down -8%….
- While the Consumer Staples sector is down -8%
Some people see this as a bearish sign for the stock market because “tech is in a bubble”.
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Monday, June 18, 2018
The Trillion Dollar Market You’ve Never Heard Of / Companies / Banking Stocks
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