Wednesday, January 17, 2018

Gold Stocks GDXJ Breaking Out / Commodities / Gold and Silver Stocks 2018

By: Rambus_Chartology

Today the GDXJ is breaking out above its neckline. Again I was looking for a little more chopping action between the neckline and the neckline symmetry line before the breakout, but so far it’s not happening. I’m going to take my second position and buy 150 shares at the market at 35.34 with the sell/stop at 33.31 for now. A backtest to the neckline would come in around the 35.10 for a slightly lower risk entry point.

Wednesday, January 17, 2018

So That’s What Stock Market Volatility Looks Like / Stock-Markets / Stock Markets 2018

By: John_Rubino

2017 was literally the smoothest stretch of highway that US stocks have ever traveled. Rising almost every day and seldom falling hard, they made it virtually impossible for investors to lose money. Here’s the Dow Jones Industrial Average over the past two years. Note how unnaturally smooth the recent action was.

Wednesday, January 17, 2018

Stock Market Intraday Price Prediction Setup for Short-Term Traders / Stock-Markets / Stock Index Trading

By: Chris_Vermeulen

Tuesday morning in our video forecast we warned that cycles were pointing to lower prices today. With price reaching the 2800 level on the SPX (resistance) and stocks trading in extreme overbought conditions with the morning gap higher this pullback has played out almost perfectly today.

Wednesday, January 17, 2018

Tips On Choosing the Right Forex Dealer / Currencies / Forex Trading

By: Kavinesh_A

It is a known fact that forex market account for around $4 trillion worth of value each and every day. Hence there is hardly any doubt that it is the world’s largest financial market. In the absence of central marketplace for this market, traders have no other option but to select a good forex broker. They are the ones who will help them to conduct their daily trading activity. If you look around the internet you will come across thousands of forex broker. While this is good, with so many choices available, choosing the right forex dealer could often be a tricky job. The sheer number of options makes the job even tougher. Hence the onus lies on traders to spend some time and identify the right brokers after gathering as much information and knowledge as possible. We will have a look at the main points to be kept in mind when it comes to identifying these professionals. It certainly will help in more ways than one and will ensure that your forex trading gets carried on smoothly without any hiccups and problems.

Tuesday, January 16, 2018

Live Markets Trading Webinar: Discover 3 High-Confidence Trade Set-Ups / InvestorEducation / Learn to Trade

By: EWI

Dear Trader,

The new year is full of new market opportunities. We'd like to help you capture them.

On Wednesday, January 17, at 11 AM Eastern, our friends at Elliott Wave International (elliottwave.com) are hosting a live, free webinar for traders looking for an edge:

"Discover 3 High-Confidence Trade Set-Ups Every Trader Should Know"

Tuesday, January 16, 2018

Does CoT Show Battle over Gold? / Commodities / Gold and Silver 2018

By: Arkadiusz_Sieron

The Commodity Futures Trading Commission has released the latest CoT report. What can we learn from it about the gold market?

Light and Darkness in the Gold Market

The epic battle between good and evil. The conflict between light and darkness. We and them. This is how some analysts portray the Commitments of Traders report. Commercials, i.e. bullion banks such as JP Morgan, are of course the bad guys.

Tuesday, January 16, 2018

The Swamp Lives On - Crooked Banks and Captured Regulators / Politics / Market Regulation

By: MoneyMetals

If officials at the Securities and Exchange Commission (SEC) are bothered by allegations of incompetence and capture by Wall Street’s bankers, it is hard to tell. The Commission recently hired Brett Redfearn to serve as Director of the Division of Trading and Markets. Redfearn left a 13-year stint at JP Morgan to assume a key role in regulating banks, investors and traders.

The SEC, and other regulators such as the CFTC and the Federal Reserve, aren’t worried about appearances. Redfearn looks like yet another fox being sent to guard the henhouse. His appointment undermines confidence even if he intends to serve with integrity.

Tuesday, January 16, 2018

Crude Oil is Starting 2018 Strong but there's Undeniable Risk to the Downside / Commodities / Crude Oil

By: Boris_Dzhingarov

Crude oil is starting out strong in 2018 as both the international Brent benchmark and the West Texas Intermediate continue to book price gains. The gains in crude oil prices this year is riding the waves of the uptrend in oil prices that began in 2017. Now, the U.S. West Texas Intermediate is trading up around $63.57 per barrel and the Brent crude is trading up around $69.20 per barrel. 

Tuesday, January 16, 2018

SPX, NDX, INDU and RUT Stock Indices all at Resistance Levels / Stock-Markets / Stock Markets 2018

By: Anthony_Cherniawski

Good Morning!

SPX futures challenged the 2800.00 round number resistance, rising to 2803.50 over the extended weekend.

ZeroHedge comments, “When markets open for trading today, the S&P will rise above 2,800 and the Dow Jones will not only make a new record high (those have become a bit of a boring daily occurrence lately) it will do so in historic fashion with just 12 days needed to move from 25,000 to 26,000, the fastest 1,000 point move in history, nearly twice as fast as the previous record when it took just 23 days for the DJIA to move from 24,000 to 25,000. And yes, get ready for the imminent (self-)congratulatory tweet from Donald Trump...”

Tuesday, January 16, 2018

Silver Prices To Surge – JP Morgan Has Acquired A “Massive Quantity of Physical Silver” / Commodities / Gold and Silver 2018

By: GoldCore

– JP Morgan continues to accumulate the biggest stockpile of physical silver in history
– “JPM now holds more than 133m oz -more than was held by the Hunt Bros” – Butler
– Silver hoard owned by JPM has increased from Zero ozs in 2011 to 120m ozs today
– Money managers showing more optimism towards silver through record buying
– “Near impossible to rule out an upside price surprise at any moment”

Tuesday, January 16, 2018

The Worst Year on Record for Cash ISA Returns / Personal_Finance / ISA's

By: MoneyFacts

Cash ISAs have been a popular go-to for consumers looking to take advantage of their tax-free allowance, but over the years these deals have dwindled in both number and the returns offered.

The average return on cash ISAs over the past year was just 0.93%, the lowest seen on moneyfacts.co.uk records. In contrast, the average stocks and shares ISA returned growth of 11.75%*. In January 2017, the average cash ISA rate fell to its lowest level at 0.82%, but after several months of consistent rate rises, it has today hit 1.09%. This is, however, still much lower than what could be achieved just two years ago. In April, the anticipated ISA season gave very little, as the average easy access ISA rate and average notice ISA rate both fell to their lowest level.

Tuesday, January 16, 2018

Carillion Bankruptcy and the PFI Sector Spiraling Costs Crisis, Amey, G4S, Balfour Beatty, Serco.... / Companies / Corporate News

By: Nadeem_Walayat

Carillion has gone bust after Theresa May's Government decided not to bailout this particular private sector PFI contractor with tax payers money. Which the government deemed to be too small to bail, unlike the £4 trillion of banking sector liability bailouts of 2008 that the people of Britain are still paying the price for some 9 years on in terms of loss of purchasing power of real terms earnings as a consequence of inflating the money supply of asset prices through quantitative easing of over £500 billion and through a myriad of additional asset price boosting schemes such as "Funding for Lending".

Tuesday, January 16, 2018

Artificial Intelligence - Extermination of Humanity / Politics / AI

By: BATR

The confusion about AI stems from the different perceptions of exactly what it means. A widely accepted definition indicates that Artificial Intelligence is the capability of a machine to imitate intelligent human behavior. The far more exoteric interpretations of its meaning can be speculated ad infinitum. Despite this lack of consensus the implications from the effect of AI upon humanity is incontestable. Everyone is familiar with the understanding of components that make up the human species, but who among us can guarantee that the consistent nature of man will continue into the future?  

Tuesday, January 16, 2018

One Big, Potential Catalyst for Gold in 2018 / Commodities / Gold and Silver Stocks 2018

By: Jordan_Roy_Byrne

The rebound in the precious metals sector continues. Friday, Gold pushed to another new high, near $1340/oz. Gold stocks led by the HUI Gold Bugs Index and GDX also made a new high with juniors and Silver right behind. The greatest traders say the move comes first and then the reason later. When it comes to Gold we are always analyzing the reason behind the moves so we can distinguish between reactions and reflex moves and those moves that are part of a real bull market. The market may be starting to sniff out a potential big catalyst for Gold that could drive its breakout in 2018.

Monday, January 15, 2018

Carillion Goes Bust, as Government Refuses to Bailout PFI Contractors Debt and Pensions Liabilities / Companies / Corporate News

By: Nadeem_Walayat

Carillion goes bust after Government decides not to bailout the private sector PFI contractor with tax payers money, unlike the £4 trillion banking sector liability bailout that the people of Britain continue to suffer the consequences of in terms of loss of purchasing power of real terms earnings as a consequence of inflation of the money supply and asset prices through quantitative easing of over £500 billion and through a myriad of other banking sector asset price boosting measures such as the "Funding for Lending" scheme amongst a dozen others.

Monday, January 15, 2018

What Really Happens in Iran?  / Politics / Iran

By: Dan_Steinbock

US New Sanctions amid Iran's Transition and Pivot to the East                          

Iran’s recent volatility reflects US effort to undermine the nuclear accord as Iran is amid economic transition and increasingly looking toward the East.

At the end of December, a series of protests against economic policies erupted in Iran. As they spread, their scope expanded to include political opposition against the government. As President Trump tweeted his support for the protesters and criticism of the government, pro-government marchers filled the streets.

Monday, January 15, 2018

Stock Market Near an Intermediate Top? / Stock-Markets / Stock Markets 2018

By: Andre_Gratian

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 short-intermediate term top is re-forming at a higher 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, January 15, 2018

The Key Economic Indicator You Should Watch in 2018 / Economics / US Economy

By: John_Mauldin

BY PATRICK WATSON : I think this year’s top risk is a miscalculation by the Federal Reserve—specifically, that it will tighten monetary policy too much.

The Fed is hiking interest rates because its experts believe the economy is close to “full employment.” And the Phillips Curve says wages should start rising any minute now.

Monday, January 15, 2018

London Property Market Crash Looms As Prices Drop To 2 1/2 Year Low / Housing-Market / UK Housing

By: GoldCore

– London homeowners cut property prices by another 1.4% in January
– Average price for a London house dropped by £22,000 to £600,926 in 2017
– Takes 78 days to sell a home on average, the highest level since 2012
– London’s downtrend continues after 2017 performance as worst UK housing market
– UK regional house prices begin to falter as house prices climb slows down
– Gold bullion remains a great hedge for property investors

Monday, January 15, 2018

As Savers Demand Grows, Interest Rates Fall on Short-term Bonds / Personal_Finance / Savings Accounts

By: MoneyFacts

Moneyfacts UK Savings Trends Treasury Report data (not yet published) shows that the average one-year fixed rate has fallen for the first time since January 2017.