Tuesday, October 03, 2017
Will Crude Oil Drop under $50 in Coming Week? / Commodities / Crude Oil
By: Nadia_Simmons
Although the price of black gold increased a bit on Friday, the commodity closed the whole week below important resistance lines and invalidated earlier breakouts. What does it mean for crude oil?
Crude Oil’s Technical Picture
Let’s take a closer look at the charts below and find out (charts courtesy of http://stockcharts.com).
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Tuesday, October 03, 2017
Gaming Operators Take Notice of Bitcoin Trend / Companies / Gambling
By: Steve_Marks
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Tuesday, October 03, 2017
Used Car Buying From UK Dealer Top Tips, CarMotion.co.uk Real Customer Experience / ConsumerWatch / How to Guides
By: N_Walayat
Here are my top tips for buying a used car from a UK dealer based on experience and lessons learned from my last purchase from CarMotion.co.uk that proved valuable in terms of lessons learned for next time, mistakes I don't intend on repeating for my next purchase of a USED car in the region of between £20k to £30k.Read full article... Read full article...
Tuesday, October 03, 2017
This Tech Breakthrough Will Save The Electric Car Market / Commodities / Electric Cars
By: OilPrice_Com
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Tuesday, October 03, 2017
Precious Metals Monthly Charts / Commodities / Gold and Silver 2017
By: Jordan_Roy_Byrne
The precious metals sector started September with a bang. Gold, which had already eclipsed $1300/oz, pushed to $1360/oz while Silver broke its downtrend line (from its late 2012 and 2016 peaks). Unfortunately, precious metals would soon reverse course and more. Gold ended September down nearly 3% and below $1300/oz. Silver lost 5% and its breakout. The gold mining indices (GDX, GDXJ, HUI) lost 7% to 8%. The monthly charts argue the major breakout from multi-year bottoming patterns will have to wait until 2018 at the soonest.
Tuesday, October 03, 2017
Stock Market Combo Chart…Breakouts / Stock-Markets / Stock Market 2017
By: Rambus_Chartology
All the different stock market indexes have now broken out above the top rail of their rising patterns except for the two tech indexes. The IWC, micro caps, continues to be the strongest sector. I know it may not feel like it, but rising wedges and flags that slope up in the same direction of the uptrend tells us the uptrend is very strong.
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Tuesday, October 03, 2017
Totalitarian Collectivism / Politics / Social Issues
By: BATR
A Culture of Authoritarianism = A Society of Totalitarianism
The impact of the 21st Century in its short phylogenesis has produced a pseudonymous willingness to accept the most threatening viewpoints and behavior yet seen on the planet. Implied within this overview is the precept that free will is the natural basis of our collective makeup. Nevertheless, the flight from personal liberty and constructive communal cultural values has been in an unimpeded free fall as the coercion of the mob intensifies. According to this groupthink, no competing ontology is acceptable in this brave new world of multicultural purity. This snake pit of toxic venom has been poisoning the popular culture for dozens of decades. So far the battle for sanity has fought off the scourge. However, the recent escalation of pernicious assaults on the decency of human freedom has become indisputable.
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Monday, October 02, 2017
The Fed’s Tightening Because the US Dollar Is in Big Trouble / Currencies / US Dollar
By: MoneyMetals
Mike Gleason: It is my privilege now, to welcome back our good friend David Morgan, of The Morgan Report. David, it's always a real pleasure to have you on with us. How are you, sir?
David Morgan: Mike, I'm doing well. Thank you for having me.
Mike Gleason: Well, first off, let's discuss what's been driving the recent pullback in your view. Gold was over $1,350 not too long ago and is now is decisively back under $1,300, as we're talking here on Wednesday afternoon. Silver has pulled back, and is moving toward the lower end of its year-long trading range, and has a 16 handle, once again. So what do you make of the recent market action, and what's behind it David?
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Monday, October 02, 2017
Bitcoin is Not New and Improved Money / Currencies / Bitcoin
By: Michael_Pento
Cryptocurrencies are being billed as a new and improved form of money that has been offered to us courtesy of technological evolution. There is a big problem with this conclusion. That is, digital money is not money at all. And proving this truth serves to underscore why gold has been utilized as the best form of money for thousands of years.
In the 2013 film titled “Her,” lonely Theodore, played by Joaquin Phoenix, falls in love with Samantha, an operating system. Despite Samantha’s lack of physical presence, the two have a somewhat normal relationship that includes vacations, socializing with friends, fights and even jealousy. But just as the audience starts buying into this unconventional pairing the plug is pulled on Samantha, and she disappears into a cyberspace vortex; leaving poor and lonely Theodore heartbroken.
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Monday, October 02, 2017
The Fed Knew QE Wouldn’t Work From The Start / Interest-Rates / Quantitative Easing
By: John_Mauldin
When is a mystery not a mystery? When Janet Yellen is puzzling over a lack of inflation, that’s when. So says Brian Wesbury, chief economist, and Robert Stein, deputy chief economist of First Trust, in the following essay (featured in my Outside the Box).
The bottom line: QE didn’t work—and Janet knew it was unlikely to work—from the start.
So where did all that easy money go? I think I’ll let the authors tell you. I think you’ll enjoy this brief, clear-headed essay.
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Monday, October 02, 2017
USDCNH Broke Above Major Resistance Trend Line / Currencies / Forex Trading
By: Franco_Shao
USDCNH extended its upside movement from 6.4412 to as high as 6.6777, breaking through a major bearish trend line on its daily chart, confirming that the bearish movement from 6.8588 had completed at 6.4412 already.
Monday, October 02, 2017
The Importance of Multi-carrier Software to Reduce the Logistic Cost / Companies / Shipping
By: Submissions
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Monday, October 02, 2017
Gold – A Simpler & Better Explanation / Commodities / Gold and Silver 2017
By: Kelsey_Williams
The emotional adamancy which dominates most analysis of gold contributes to confusion and misunderstanding. For example, “Backdrop For Gold Today Is As Bullish As It Has Been In A Long Time”; or “Precious Metal Sector Is On Major Buy Signal”. These and other similar claims are often supported by reams of technical analysis – the best that money can buy.
And this is on top of general misstatements of fact. It would appear that there is virtually no justification for lower gold prices except when caused by manipulation associated with conspiratorial forces.
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Monday, October 02, 2017
Are the US Markets setting up for an Early October Surprise? / Stock-Markets / Stock Market 2017
By: Chris_Vermeulen
Many analysts have recently warned that the US markets are setting up for a potentially massive correction, 40~70% some warn. Our own analysis has shown massive market cycles that correlate with an October market correction. Our VIX cycle analysis indicates that we should be expecting a spike in the VIX right now (within the next 3~4 days). What does all this mean in reality for the average investor?
As investors, we have to determine the amount of risk compared to the amount of potential gain in any trade. Our job is to measure this relationship properly and to attempt to find opportunities in taking risks for an adequate amount of gain. Often, this business is difficult to manage expectations and presumed risk factors for traders. We’ve been trading, combined, for over 40+ years and have learned that the markets don’t always do what we expect them to do. A perfect example is our most recent VIX Spike call for Sept 9th ~ 12th. Even though our analysis was valid and accurate, we did not see the VIX spike levels we had projected to happen – such is life in the markets. We strive every week to deliver superior analysis, trading triggers/alerts and daily markets updates to our clients. Right or wrong, we live by our abilities to call successful trading triggers and provide timely and accurate market research.
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Monday, October 02, 2017
Silver is on a Long-term Buy Signal / Commodities / Gold and Silver 2017
By: The_Gold_Report
Technical analyst Jack Chan charts the latest moves in the gold and silver markets.
Our proprietary cycle indicator is up.
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Monday, October 02, 2017
Switching On a New Custom Gaming PC For the First Time (4) / Personal_Finance / How to Guides
By: Adnaan_Walayat
In part 4 of our buying a custom built gaming PC from an online builder such as OverClockers UK series, we connect the PC up and switch it on for the first time. Lets see what to expect when a new PC power ups for the first time to a freshly installed copy of Windows 10.
Monday, October 02, 2017
Spanish New Civil War Begins as Madrid Regime Storm Troopers Quell Catalan Independence Rebellion / Politics / Spain
By: Nadeem_Walayat
According the news reports more than 1,000 people attempting to vote in Sunday's Independence Referendum have been injured by the heavy handed tactics of the Madrid storm troopers sent in to quell the Catalan peoples uprising against the brewing Spanish dictatorship. Which is as I warned in my earlier extensive analysis could sow the seeds for a new Spanish civil war, for it should not be forgotten that during the 1930's it was a fascist Madrid regimes actions in Catalonia that sparked that civil war that ended with the ushering in of the Franco dictatorship.
Sunday, October 01, 2017
Catalonia and other EU Disasters / Politics / Spain
By: Raul_I_Meijer
I’ve seen a lot of videos and photos of the Catalonia attempt to hold a referendum today (Tyler has a “nice” series of them), and what struck me most of all, apart from the senseless violence police forces were seen to engage in, is the lack of violence on the side of protesters.
So when I see the Interior Ministry claim that 11 policemen were injured, That is hard to take serious. Not that the Catalans had no reason to resist or even fight back. That hundreds of protesters, including scores of grandma’s, are injured is obvious from watching the videos. Since rubber bullets were used in large numbers, fatal injuries are quite possible.
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Sunday, October 01, 2017
Stock Market Brief 1st October 2017 / Stock-Markets / Stock Market 2017
By: Christopher_Quigley
Technically Speaking.
The market continues to display a full bull configuration. The Dow Theory divergence that existed in August, between the Dow Industrials and the Dow Transports, has completely disappeared. In fact the Transport Index, which had been faltering, having had a confirmed price cross-over on its 200 Daily Moving Average, is now technically leading. This is particularly bullish given the recent rise in oil prices. An additional indicator of current technical strength is the fact that the recent pullbacks in Apple, Amazon and Oracle did no damage to overall market sentiment.
Sunday, October 01, 2017
DBA, SOYB, JJG MOO Soft Commodites ETF's Update / Commodities / Commodities Trading
By: SurfCity
My last update on Soft’s was back in mid-April here: https://surfcity.co/2017/04/12/soft-commodities/
Are Soft commodities finding a major low here? Could be but it will vary by commodity and could take another few months to a year for some.
Here is update with charts on DBA, SOYB, JJG MOO and I may add Sugar and Coffee later if I find time. The first three charts are DBA which covers a broad mix of various softs. Also charts on SOYB for Soybeans and JJG, an ETF that buys Futures in Soybeans, Corn and Wheat.
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