Friday, December 01, 2017
Stock Market Parabolic Beginning? / Stock-Markets / Stock Market 2017
By: Gary_Savage
The price action in the Dow and S&P suggest the parabolic phase may have begun.
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Friday, December 01, 2017
Knowledge Sharing Social Network for All - A Big Business Venture / Companies / Social Media
By: Dr_R_M_Mathew
We have hundreds of Social Networks and thousands of Data or Information Providing Websites. But none of them could serve for Knowledge Sharing and meeting the Knowledge needs of diverse categories of people and thereby augmenting the Knowledge Consumption and Production of Humanity. Most of them are unauthentic, obsolete, irrelevant and undependable as they are designed for providing truck load of Data and Information, without much usable knowledge contents.Read full article... Read full article...
Friday, December 01, 2017
Labour Sheffield City Council Election Panic Could Prompt Suspension of Tree Felling's Private Security / Local / Sheffield
By: N_Walayat
The escalation this week of the Labour controlled Sheffield City Council's PFI contractor Amey deploying private security in footage and images has been generating outrage amongst Sheffield's electorate where even the mainstream press who usually tend to ridicule the tree protestors as being a fringe group have started to question recent tactics in the wake of footage of protestors being 'geckoed' i.e. squashed between walls and metal barriers.
Friday, December 01, 2017
Why Have You Been So Quiet About Metals? / Commodities / Metals & Mining
By: Avi_Gilburt
The question in the title is one of the most frequent comments I have been getting of late. And, the answer is quite simple: They are not doing anything right now. In fact, if you look at the charts, we have been in the same general region for several months.
But, you see, many of you really don’t want an update to know what I really think about the complex. Rather, many of you want an update to either soothe your emotions about the market, or to provide some confirmation bias for you. It has become purely emotional for you, so you feel the need to constantly deal with your emotions.
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Friday, December 01, 2017
Capital Repositioning Driving Stock Market Volatility Higher / Stock-Markets / Stock Market 2017
By: Chris_Vermeulen
Recent moves in the FANG stocks shows that capital is starting to reposition within the global market. As the end of the year approaches, expect more of this type of capital control to drive greater volatility within the markets. At this time of year, especially after such a fantastic bullish run, it is not uncommon to see capital move out of high flying equities and into cash or other investments.
Friday, December 01, 2017
Britain Pushes for Brexit or Bust / Politics / BrExit
By: Boris_Dzhingarov
There are competing arguments as to how a Brexit will impact Britain. Those opposing a Brexit believe it will have disastrous repercussions on the UK economy, plunging the country into raging inflation, high unemployment, and a skills shortage among others. One of the more pressing concerns for Britain is the exodus of companies from the City of London to other European capitals.
Friday, December 01, 2017
Amey Grinch Felling Sheffield Christmas Lights Cherry Street Trees / Local / Sheffield
By: N_Walayat
The Labour controlled Sheffield City Council's 'streets ahead' PFI contractor Amey has deployed increased tree felling / security resources at the start of this week in an attempt to fell hundreds of trees before the end of this year by deploying what resembles an army of green capped hi vis jacketed security personnel to accompany felling crews that tend to far out number the protestors standing beside street trees in freezing temperatures across dozens of Sheffield's streets. The catalyst for this weeks escalation is the looming deadline contained within the PFI contract to fell 6,000 of Sheffield's big street trees by the end of 2017 (out of an estimated total of 36,000).
Thursday, November 30, 2017
SPX Giving Back its Gains / Stock-Markets / Stock Market 2017
By: Anthony_Cherniawski
SPX went parabolic this morning, nearly undoing my Wave analysis. The current Wave structure is invalidated at 2660.13. That was a close call. By 1:00 pm it was over.
Equities are at a spike high which makes it hard to go short, especially after this terrific short squeeze.
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Thursday, November 30, 2017
Long-tail Pin Bar On BTCUSD Daily Chart Suggests Trend Reversal / Currencies / Bitcoin
By: Submissions
Bartosz Kali writes: After a phenomenal and very surprising run, the price of Bitcoin in relation to the US dollar is showing signs of retreating into a inevitable correction.
On a daily chart of BTCUSD as shown by price data from Bitstamp, we can clearly see a long-tail Pin bar indicating a trend reversal.
Long-tail pin bars are usually an indication of a strong rejection of a bullish run by the market and it is very often followed by a period of trend reversal.
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Thursday, November 30, 2017
The War on Gold Intensifies: It Betrays the Elitists’ Panic and Augurs Their Coming Defeat / Commodities / Gold and Silver 2017
By: Stewart_Dougherty
Dictatorship (noun): Definition #3: absolute power or authority (Websters);
Def. #2: absolute, imperious or overbearing power or control (Random House);
Def. #3: Absolute or despotic control or power (American Heritage);
Def. #3: Absolute or supreme power or authority (Collins English Dictionary);
Def. #1: A type of government where absolute sovereignty is allotted
to an individual or small clique (Wikipedia).
Thursday, November 30, 2017
Five Charts That Show We Are on the Brink of an Unthinkable Financial Crisis / Stock-Markets / Financial Crisis 2017
By: John_Mauldin
Bonfires are fun to watch, but they eventually burn out.
Human folly apparently doesn’t, so we just keep adding to the absurdities. The volume of daily economic lunacy that lights up my various devices is truly stunning, and it seems to be increasing (you can find a previous series of charts in my free newsletter Thoughts from the Frontline, which you can subscribe to here).
Let’s take a look at a series of charts I received from my “kitchen cabinet” of friends.
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Thursday, November 30, 2017
Low Cost Gold In The Age Of QE, AI, Trump and War / Commodities / Gold and Silver 2017
By: GoldCore
‘Fear and Loathing In the Age of QE … AI’ is a presentation given at Mining Investment London earlier this week.
Stephen Flood, CEO of GoldCore presentation (28 minutes) was well received at the conference which is a strategic mining and investment conference for leaders in the mining and investment sectors, bringing together attendees from 20 countries.
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Thursday, November 30, 2017
S&P 500 Fluctuates As Technology Stocks Sell Off / Stock-Markets / Stock Market 2017
By: Paul_Rejczak
Briefly:
Intraday trade: Our Wednesday's intraday trading outlook was neutral. It proved accurate because the S&P 500 index lost 0.03%, following slightly higher opening of the trading session. The market broke above its short-term consolidation on Tuesday. We still can see negative technical divergences along with medium-term overbought conditions. However, there have been no confirmed negative signals so far. Therefore, we prefer to be out of the market today, avoiding low risk/reward ratio trades.
Our intraday outlook is neutral today. Our short-term outlook is neutral, and our medium-term outlook is neutral:
Intraday outlook (next 24 hours): neutral
Short-term outlook (next 1-2 weeks): neutral
Medium-term outlook (next 1-3 months): neutral
Thursday, November 30, 2017
US Dollar Index Monthly Chart / Currencies / US Dollar
By: Austin_Galt
5 point broadening top in play with recent low at 91.01 likely the point 4 low. If correct, price now headed to point 5 high. Could even develop into very bearish 7 point broadening top in time.
Recent low around support from the 88.6% angle of the bullish Fibonacci Fan and the 76.4% angle from the bearish fan. Next resistance likely to be around the 88.6% angle from the bearish fan.
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Thursday, November 30, 2017
Three USD Markets Point One Way! / Currencies / US Dollar
By: Enda_Glynn
Hi everyone,
We got an indication today of how much the idea of Bitcoin has penetrated society.
FOMC member Dudley says that the Fed is starting to think about its own digital currency.
I found that ironic,
Seen as the lions share of FIAT currency itself is digitally generated
through credit emission in the banking system and monetized government debts!
Simply put;
The USD is the biggest digital currency, and it dwarfs bitcoin by several orders of magnitude.
It seems that the FED itself does not realize its own game.
Thursday, November 30, 2017
Amey Deploys Private Security to Get Sheffield's Street Tree's Felled Before End of 2017 / Local / Sheffield
By: N_Walayat
The Labour controlled Sheffield City Council's 'streets ahead' PFI contractor Amey has deployed increased tree felling / security resources at the start of this week in an attempt to fell hundreds of trees before the end of this year by deploying what resembles an army of green capped hi vis jacketed security personnel to accompany felling crews that tend to far out number the protestors standing beside street trees in freezing temperatures across dozens of Sheffield's streets. The catalyst for this weeks escalation is the looming deadline contained within the PFI contract to fell 6,000 of Sheffield's big street trees by the end of 2017 (out of an estimated total of 36,000).
Wednesday, November 29, 2017
Gold Being Odd and USD Being Tricky / Commodities / Gold and Silver 2017
By: P_Radomski_CFA
Every now and then we see some kind of anomaly on the precious metals market. Sometimes it’s particularly useful and sometimes it’s just something random. Yesterday was one of those days when something didn’t seem right. The USD Index rallied, silver declined, mining stocks declined and yet, gold closed the session higher. What can we infer from this uncommon event?
Wednesday, November 29, 2017
Own Gold Bullion To “Support National Security” – Russian Central Bank / Commodities / Gold and Silver 2017
By: GoldCore
– We own gold bullion to “support national security” – Russian Central Bank
– Russia warns Washington: Confiscating fx reserves would be “declaration of financial war”
– Russia has quadrupled its gold bullion reserves in decade
– BRICs discussing ‘the possibility of establishing a single (system of) gold trade’
– Russia, China & maybe Saudi Arabia form alliances to unseat petrodollar
– Putin warns state-owned and private companies: be ready for rapid transition to war-time operations
– Russia, China gold-buying, Saudi strategic shift signal petrodollar era ending
Wednesday, November 29, 2017
Stock Market Bull Channel Trend Line / Stock-Markets / Stock Market 2017
By: Gary_Savage
The S&P is rapidly approaching its first test of the bull market channel trend line.
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Wednesday, November 29, 2017
GBPJPY Failed To Break Below 146.93 Support / Currencies / British Pound
By: Franco_Shao
GBPJPY failed in its attempt to break below 146.93 support, and stayed in a trading range between 146.93 and 152.85. As long as 146.93 support holds, the price action in the range could be treated as consolidation of the uptrend from 135.59 and another rise could be expected after the consolidation.