Thursday, November 09, 2017
Turkey Faces An Economic Dilemma That Will Have Global Implications / Politics / Turkey
By: John_Mauldin
BY GEORGE FRIEDMAN AND XANDER SNYDER : A country’s decision to borrow money is not always strictly economic. Take Turkey, whose ratio of gross external debt (all public and private sector debt) to GDP has jumped from 39% in 2012 to 52% today.
Turkish President Recep Tayyip Erdogan has been pushing to increase available credit to spur economic activity. This is a political goal, though one motivated by economic objectives.
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Thursday, November 09, 2017
Stock Market Decline May have Begun / Stock-Markets / Stock Market 2017
By: Anthony_Cherniawski
The VIX has given its buy signal at the 50-day Moving Average and appears capable of rising above its compressed Cycle Top, as well. Note the redrawn Elliott Wave structure which finally became clear at Friday’s Wave (2) low. No rules were violated in this pattern, just stretched to the limit. The EW structure now says we are in Wave 1 of (3), which should be a magnitude larger than Wave (1). Wave 1 should rise to the trendline at 16.66 or possibly to 17.28, which is the high in the Daily chart. The Head & Shoulders pattern which gives the Wave 3 target is still valid. It is possible that Wave 5 of (3) may rise to the mid-30’s.
Thursday, November 09, 2017
Prepare For Interest Rate Rises And Global Debt Bubble Collapse / Interest-Rates / Global Debt Crisis 2017
By: GoldCore
– Diversify, rebalance investments and prepare for interest rate rises
– UK launches inquiry into household finances as £200bn debt pile looms
– Centuries of data forewarn of rapid reversal from ultra low interest rates
– 700-year average real interest rate is 4.78% (must see chart)
– Massive global debt bubble – over $217 trillion (see table)
– Global debt levels are building up to a gigantic tidal wave
– Move to safe haven higher ground from coming tidal wave
Thursday, November 09, 2017
The Surreal Simulator of Meta Trader / InvestorEducation / Learn to Trade
By: Kavinesh_A
Trading has been the trending front runners in the digital era. Trading has been turning heads ever since its inception and will continue to do so on a massive scale. The medium of trading has underwent a major metamorphosis ever since. Now the trading medium went online which paved way for electronic trading platforms which replaced the conventional trading market. The traders can trade in any niche as the online trading comes with a very wide spectrum. One such credible trading platform is Meta Trader 4 (MT4).
Thursday, November 09, 2017
Stock Market Topping Action Or Just a Pause? / Stock-Markets / Stock Market 2017
By: Paul_Rejczak
Briefly:
Intraday trade: Our Wednesday's intraday trading outlook was bearish. It proved partly wrong because the S&P 500 index gained 0.15% (neutral), following slightly lower opening of the trading session. We still can see some technical overbought conditions along with negative divergences. Therefore, intraday short position is favored again. Stop-loss is at the level of 2,605 and potential profit target is at 2,555 (S&P 500 index).
Our intraday outlook is bearish today. Our short-term outlook is neutral, and our medium-term outlook is neutral:
Intraday outlook (next 24 hours): bearish
Short-term outlook (next 1-2 weeks): neutral
Medium-term outlook (next 1-3 months): neutral
Thursday, November 09, 2017
Stock Market Dow Theory Divergence Returns Caution Warranted / Stock-Markets / Stock Market 2017
By: Christopher_Quigley
The bull price action momentum that returned to the Dow Transports September 11th last has now vanished, and is beginning to indicate renewed market weakness.
The Dow Industrials, the S & P 500 and the NASDAQ are displaying no such tendency. On the contrary, they show all the signs of a parabolic “blow-off”, which is the classic signature of a bull market termination.
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Thursday, November 09, 2017
Negative Divergence in the Gold Stocks / Commodities / Gold and Silver Stocks 2017
By: Jordan_Roy_Byrne
After a severe selloff, precious metals have enjoyed a bit of a respite. Corrections are a function of time and/or price. The correction to the recent selloff has been more in time than than price. Metals and miners have stabilized over the past nine trading days but have not rebounded much in price terms. Gold has barely rallied $20/oz while GDX and GDXJ have rebounded less than 4% and 5% respectively. In addition to the weakness of this rally, the gold stocks are sporting a negative divergence and that does not bode well for an end of the year rally.
Thursday, November 09, 2017
Bitcoin Nearly Hits $8,000 and Cryptos Skyrocket After Segwit2X Fork Is Called Off / Currencies / Bitcoin
By: Jeff_Berwick
There was a lot of speculation about what would happen to bitcoin after the planned Segwit2x fork on November 16th.
Well, we got to find out a week early as news came out today that the Segwit2x fork has been called off.
The suspension was announced today in an email written by Mike Belshe, CEO and co-founder of bitcoin wallet software provider BitGo. One of the leaders of the Segwit2x project, he argued that the scaling proposal is too controversial to move forward, saying,
Read full article... Read full article..."Unfortunately, it is clear that we have not built sufficient consensus for a clean block size upgrade at this time. Continuing on the current path could divide the community and be a setback to Bitcoin’s growth. This was never the goal of Segwit2x."
Wednesday, November 08, 2017
If This Bond Market Line Breaks, We’re in Serious Trouble / Interest-Rates / US Bonds
By: Graham_Summers
Let’s talk about Junk Bonds.
Junk Bonds are corporate debt issued by companies that have a significant chance of defaulting (meaning they don’t pay you back).
Why would anyone want to lend these companies money?
Because these bonds are risky, they typically pay very large yields to compensate for the increased risk. Think yields of 8% or even 10%.
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Wednesday, November 08, 2017
Over Two Thirds of Global GDP Is Entering an Inflationary Shock / Economics / Inflation
By: Graham_Summers
The world is careening towards an inflationary shock.
As was the case with the beginning of the Housing Crash, few are noticing what’s happening. And even fewer realize the true scale of what’s about to take place.
Below is a chart you have to see.
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Wednesday, November 08, 2017
4 Earnings Stocks Winners Breaking Out / Companies / Corporate Earnings
By: Harry_Boxer
Here are four stocks to watch riding positive earnings announcements.
Health Insurance Innovations, Inc. (HIIQ) broke out above a key resistance level on Tuesday, up $1.50, or 6.7%, closing at $23.70. The move above the $23 resistance level, which came on light volume of 945,700 shares, saw price cross over to the positive side of the 50-day moving average for the first time in two months. The stock is bouncing back from a steep decline in September, and has been climbing in a rising triangle pattern since its bottom at $12.65 on September 28. A week ago, the Web-based health coverage provider topped Wall Street's expectations in its earnings report. Next targets: $27.75 and $33.
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Wednesday, November 08, 2017
How Much is Too Much: Oil’s Upside Price Target / Commodities / Crude Oil
By: Nadia_Simmons
Crude oil’s price continues to soar in a sharp manner, but no asset can move in a straight line without periodic corrections so even if crude oil’s price was about to rally tens of dollars (which doesn’t appear so likely to be seen this year, but that is a discussion for a different day), one should still expect it to form local tops along the way. Where will crude oil top and where can it provide us with a promising trading opportunity?
Wednesday, November 08, 2017
Markets are Warning, But No Major Sell Signal / Stock-Markets / Financial Markets 2017
By: Anthony_Cherniawski
SPX futures are challenging the upper trendline of the Broadening Wedge formation. Should it break through, the next level of support appears to be the lower Diagonal trendline at 2570.00. These supports are what makes the decline appears controlled and manageable. However, once beneath them, the decline becomes stronger as the SPX hones in on the next target indicated by the formations. For example, the Ending Diagonal formation, once triggered, is often completely retraced, with a target near 2400.00.
The smaller Broadening formation was relabeled as an Orthodox Broadening Top due to the near-horizontal lower trendline. If so, the first decline may stop at the Cycle Bottom support at 2499.76. We should remain flexible to allow for the possible conflicts between formations. It will become clear in the end.
Wednesday, November 08, 2017
Here’s Why The Market Mispriced Jay Powell / Interest-Rates / US Federal Reserve Bank
By: John_Mauldin
BY JARED DILLIAN : Jay Powell has been named the next Chairman of the Federal Reserve. Provided he survives the confirmation process, it is a done deal.
This wasn’t the easiest pick for Trump. It’s not easy to find a Republican who is also in favor of low interest rates. Powell isn’t exactly a dove, but he’s significantly more dovish than John Taylor.
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Wednesday, November 08, 2017
USDCHF Moved Sideways Between 0.9938 and 1.0038 / Currencies / Forex Trading
By: Franco_Shao
The USDCHF pair moved sideways in a narrow range between 0.9938 and 1.0038 on the 4-hour chart for several days. As long as the price is above 0.9938 support, the sideways move could be treated as consolidation of the uptrend from 0.9704, and further rise is still possible after the consolidation.
Wednesday, November 08, 2017
Gold Prices – Inflation vs. Deflation / Commodities / Gold and Silver 2017
By: Kelsey_Williams
Inflation is the debasement of money by government. The expansion of the supply of money and its subsequent loss in value results in an increase in the general level of prices for goods and services.
Deflation is characterized by a contraction in the supply of money and a decrease in the general price level of goods and services. (What we are currently experiencing is called ‘disinflation’ which is a lower rate of inflation.)
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Wednesday, November 08, 2017
So You’re a Bitcoin Millionaire! Now Where Do You Invest? / Currencies / Bitcoin
By: GoldSilver
If you’ve made a profit from bitcoin and other cryptos, congratulations! You’re obviously a smart investor who spotted a trend early on and was able to profit. Hats off to you.
But now it’s time to take some profits… right? If you were smart enough to buy in early, you’re smart enough to know that it’s not a profit until you take it. And that asset prices don’t rise forever, no matter how revolutionary the technology.
Yes, some cryptos will gain widespread acceptance and use, but most won’t. Yes, the technology is here to stay, but that doesn’t mean prices will rise indefinitely. Yes, it’s a whole new industry that will continue to grow and evolve, but that doesn’t mean you’ll make a killing forever.
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Wednesday, November 08, 2017
Best Foreign Exchange Broker / Currencies / Forex Trading
By: Kavinesh_A
Foreign exchange is basically the exchange of one country’s currency or money into another country. The other name of foreign exchange is Forex. In the economy of a country, the total value of the currency depends on the supply and demand of it. Otherwise, we can say that the value of a country’s currency can be fixed to another country’s currency, like U.S dollar. And also by the country’s government, the value of that country’s currency can be fixed.
Tuesday, November 07, 2017
Why Oil Stocks May Be The Best Way To Profit From The Renewable Energy Revolution / Companies / Oil Companies
By: John_Mauldin
BY PATRICK WATSON : When Europe’s central banks pushed rates below zero, large depositors found themselves paying interest instead of receiving it.
But at the same time, some lucky homeowners found their mortgage payments turn into credits.
The weirdness continues.
Bloomberg recently reported that German power producers would likely be paying customers to use electricity on one weekend.
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Tuesday, November 07, 2017
The Next Financial Crisis Will Reveal How Little Liquidity There Is / Stock-Markets / Financial Crisis 2017
By: John_Mauldin
This is something I’ve been pondering for some time. I think the next crisis will reveal how little liquidity there is in the credit markets, especially in the high-yield, lower-rated space.
Dodd–Frank has greatly limited the ability of banks to provide market-making opportunities and credit markets, a function that has been in their wheelhouse for well over a century.
However, when the prices of massive amounts of high-yield bonds that have been stuffed into mutual funds and ETFs begin to fall, and the ETFs want to sell the underlying assets to generate liquidity, there will be no buyers except at extreme prices.
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