Monday, April 23, 2018
Stocks and Bonds, This is Not a Market / Stock-Markets / Market Manipulation
“[Price discovery] is the process of determining the price of an asset in the marketplace through the interactions of buyers and sellers”, says Wikipedia. Perhaps not a perfect definition, but it’ll do. They add: “The futures and options market serve all important functions of price discovery.”
What follows from this is that markets need price discovery as much as price discovery needs markets. They are two sides of the same coin. Markets are the mechanism that makes price discovery possible, and vice versa. Functioning markets, that is.
Given the interdependence between the two, we must conclude that when there is no price discovery, there are no functioning markets. And a market that doesn’t function is not a market at all. Also, if you don’t have functioning markets, you have no investors. Who’s going to spend money purchasing things they can’t determine the value of? (I know: oh, wait..)
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Monday, April 23, 2018
Happy Anniversary Silver Investors! / Commodities / Gold and Silver Stocks 2018
The silver volume that we saw last week was huge and we don’t mean only the one that accompanied the sizable daily price spike. The volume was huge also if we take the entire week into account. In fact, there was only a single week when silver rallied on volume that was bigger than what we saw during last week’s rally – ever. That was the 2011 silver top, when the emotions reached their zenith. But surely that was just a coincidence as there’s nothing else that connects these cases, some will claim, forgetting about the thing that is more important than price – time. The 2011 top formed on Monday, April 25th. You’re are reading this on Monday, April 23rd. Time is almost in perfect tune. Will this be a happy anniversary? It will, for those who are prepared.
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Monday, April 23, 2018
Buy to Let Fixed Rate Mortgage Deals for Limited Companies At All Time High / Housing-Market / Buy to Let
Last year, the tax relief's for buy-to-let (BTL) landlords were cut, meaning that they had to start assessing their options – and becoming a limited company was one of them. With more demand for this type of company, research from moneyfacts.co.uk shows that providers have stepped into the breach and are now offering more fixed products to limited companies than ever before.
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Monday, April 23, 2018
The Hottest Commodity Play In 2018 / Commodities / Potash
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Monday, April 23, 2018
Stock Market Correction Turns Consolidation / 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 should now continue until May.
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.
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Monday, April 23, 2018
Silver Squeeze, Gold Fails & GDX Breadth / Commodities / Gold and Silver 2018
It was an interesting week in the precious metals complex. There appeared to be the start of a short squeeze in Silver (hedge funds were heavily short) but it ceased at important resistance. Meanwhile, Gold closed the week on a weak note, losing $1340-$1350. The gold stocks, like Silver closed the week below technical resistance. The price action in the complex continues to suggest that a breakout in Gold is the key to unleashing strong outperformance from Silver and the gold stocks.
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Monday, April 23, 2018
US Economy Is Cooked, the Growth Cycle has Peaked / Economics / US Economy
Hours ago, European Central Bank chief Mario Dragho conceded: "The growth cycle may have peaked"
Of course, those paying attention to the data already knew this. Our politicians and central planers have been peddling to us the fantasy that the global economy is strengthening, finally ready to fire on all cylinders after nearly ten years of dependence on monetary stimulus.
That just ain't so.
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Monday, April 23, 2018
Inflation, With a Shelf Life / Economics / Inflation
For the last few weeks we’ve used the conditions noted in the graphic below as a guide. Well, the ‘inflation trade’ (IT) popped last week and that included cyclical metals (as well as silver) ramming upward vs. gold and TIP rising vs. TLT & IEF.
As for credit conditions, there is little imminently raising caution flags as commercial lending and risk taking (as indicated by high yield junk bonds) continue apace, but the note still stands on the bigger picture as the credit system and money supply are gumming up with the Fed in quantitative and Fed Funds tightening mode while the velocity of money in the economy maintains a secular downtrend.
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Sunday, April 22, 2018
Stock Market Predictive Modeling Is Calling For A Continued Rally / Stock-Markets / Stock Markets 2018
We are constantly amazed that our Advanced Dynamic Learning (ADL) price modeling system has been incredibly accurate over the past 7+ months. Our researchers, at www.TheTechnicalTraders.com, called the early 2018 rally weeks in advance. We called the resistance levels and top in late January. We called a February 21~27 market top formation, called the market bottom on March 28, and last week called the market top to the hour and locked in 17.7% trading a simple 3x index ETF. Today, we are going to further illustrate the power and capabilities of the ADL price modeling system and what we are expecting over the next 7~10+ trading days.
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Sunday, April 22, 2018
SWEATCOIN - Get PAID to WALK! Incentive to Burn Fat and Lose Weight - Review / Personal_Finance / Health and Fitness
In my quest to lose some excess body fat in advance of summer by increasing my level of physical activity, I went on the hunt for some smart phone app's that would help enable me to to burn those extra calories per day and I soon came across SWEATCOIN. Firstly, it's not as the name suggests anything to do with crypto currencies. Instead sweatcoin apparently pays you to walk! Specifically as a sweatcoin app user you will earn 1 sweatcoin per 1000 steps taken outdoors, all of which is tracked and verified through your phones GPS.
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Sunday, April 22, 2018
Britain Becomes Trump Territory / Politics / UK Politics
British media report today that Donald Trump may visit the country in late summer. (Renewed) calls for mass protests are everywhere, of course. The Metro news outlet features a picture of a pamphlet that reads No To Racism. No To Trump, that dates from an earlier occasion (Trump was supposed to come several times, but never did).
Now, good luck with those protests, it’s still a free country, in name at least. But boy oh boy, would you guys miss the point. Because as we now all know – or could-, your country is being governed by a group of people who are so racist they make even Trump’s fake tan pale in comparison. If Theresa May is still in office by the time Trump visits, you’re all a bunch of racists.
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Sunday, April 22, 2018
Sheffield Local Elections 2018 Forecast Results / Local / Sheffield
The local elections will be held on May 3rd, 2018 when 1/3rd of Sheffield's city council seats will be up for election, that's 28 out of a total of 84 seats. The current make up of the council has the Labour party on 56 seats resulting in an a commanding majority of 28. Which has allowed the Labour council to basically do whatever they want to do in the city as it is impossible for the 28 opposition councilors to even come close to out voting Labour in the council chamber.
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Saturday, April 21, 2018
How Long Does it take for a 10%+ Stock Market Correction to Make New Highs / Stock-Markets / Stock Markets 2018
The S&P has fallen 11.8% already during this “small correction”. Assuming that the bottom is in already (February 9, 2018 = the bottom), the S&P has rallied for 48 days already. Is this normal? How long does it usually take for a 10%+ “small correction” to reclaim its old highs?
Here are the bottom dates for 10%+ “small corrections”
- June 4, 2012
- August 16, 2007
- February 28, 2000
- October 18, 1999
- October 28, 1997
- April 14, 1997
- July 16, 1996
- January 30, 1990
- September 29, 1986
- February 13, 1968
- June 29, 1965
- October 11, 1955
Here’s how many days it took for the S&P 500 to make a new high.
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Saturday, April 21, 2018
Sheffield Ruling Labour Party Could Lose 10 Council Seats at May Local Elections / ElectionOracle / UK Local Elections
A growing peaceful street revolution had been under way against Sheffield city councils ruling Labour regime in the countdown to the May 2018 Local elections in response to the rampant felling of thousands of street trees where there exists a contractual target to fell as many as half of Sheffield's Street trees during the lifetime of the PFI contract with Amey.
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Saturday, April 21, 2018
Crude Oil Price Trend Forecast - Saudi Arabia $80 ARAMCO Stock IPO Target / Commodities / Crude Oil
The crude oil price started 2018 with a BANG rising from an opening $60 to a January peak of $67, a gain of 12% in less than 1 month! Whilst February saw the oil price give up all of Januarys gains by falling from $67 to $58 before recovering towards the top of the emerging $67 - $58 trading range for March which set the scene for the current rally to a 3 year high of $69. Whilst new has emerged that the Saudi's are actively pursuing lifting the oil price to at least $80 in support of their mega $1 trillion+ ARAMCO IPO.
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Friday, April 20, 2018
Gold Price Nearing Bull Market Breakout, Stocks to Follow / Commodities / Gold and Silver Stocks 2018
Gold remains largely forgotten, off the radars of most investors. But that’s likely to change soon as this leading alternative investment is nearing a major bull breakout. Once gold climbs to decisive new bull-market highs, sentiment will turn and investors’ interest will surge. Their resulting buying will rapidly drive gold higher, attracting in more capital inflows. Gold is only a couple modest up days away from that key breakout.
Universally in all markets, traders’ psychology is completely dependent on price action and levels. When prices are high and rising, speculators and investors alike eagerly buy in. They love chasing winners, so buying begets buying. This creates powerful self-reinforcing virtuous circles, with rising prices helping to entice in ever-more traders. In recent years this dynamic catapulted the market-darling FANG stocks higher.
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Friday, April 20, 2018
What’s Bitcoin Really Worth? / Currencies / Bitcoin
What’s Bitcoin really worth? This question might really drive you mad if you think hard enough about it. $0? $10? Maybe $1,000,000 for one coin? The range of the numbers can make your head spin but it is the explanation behind the number that matters. For the most part, investors don’t have a good reason why Bitcoin is worth this or that, apart from claims that “it will take over the world” and so on. This hasn’t stopped people from trying, though. Is it even important for short-term traders? Can it boost profits on our hypothetical positions?
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Friday, April 20, 2018
Gold, Silver and Jet Surf Boards - Audio Analysis / Commodities / Gold and Silver 2018
Here is an interview talking about silver, silver stocks, and some new electric jet flying surfboard.
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Friday, April 20, 2018
Stock Market May "Let Go" / Stock-Markets / Stock Markets 2018
Good Morning!
SPX futures slid down to the daytime low of 2682.75 in late night trading, then ramped up to trendline resistance at 2698.25 before coming back to the flat line as I write. It appears to be range-bound for the moment, until Index Options (institutional-style) expire at 9:20-9:30 am. Retail options expire at the end of the day.
SPX had Waves 1 and 2 yesterday. Wave 3 may be significantly larger than the 35.59 point decline we saw yesterday. There is a good probability that the retail options investors may be “thrown under the bus.”
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Friday, April 20, 2018
Overwhelming Evidence Against Near Stock Market Grand Supercycle Top / Stock-Markets / Stock Markets 2018
Grand Supercycle in US Equities
The US stock market shows price data all the way back to 1790. It can be fitted into long term cycles, which result into Elliott waves. The popular opinion is that we are approaching the top of a Grand Supercycle trend. It implies that a long and deep correction is ahead of us. Our conclusion is very different to that and we base it on Elliott’s rules and guidelines.