Thursday, September 28, 2017
SPX Needs Another Probe Higher. NDX Does Not / Stock-Markets / Stock Market 2017
SPX appears to have one further probe higher to complete Wave (v). It appears to be an Ending Diagonal, which means that Wave (v) should be an a-b-c form. Five waves already appear, but the middle wave cannot be a Wave iii because it is the shortest in the series. Wave v may reach equality with Wave i at 2515.00, so that is my target. The Cycle Top is at 2524.55, so we may consider that as a possible limit to an extension.
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Thursday, September 28, 2017
Trump’s Solar Tariff Confusion Creates An Investing Opportunity / Companies / Solar Energy
The solar sector is reeling from confusion, and stock prices are reeling right along with it. The time it has taken investors and traders to wrap their heads around Trump’s industry tariffs and the pyrrhic victory of two solar companies in a case against cheap Chinese imports has seen stocks rally in a big way, and then fall just as hard.
When the International Trade Court ruled in favor of plaintiffs Suniva and SolarWorld in their case against cheap Chinese solar module and cell imports, reactions were polarized: the U.S. solar industry was outraged—as it had been for most of the duration of the court investigation—and investors, apparently, were extremely upbeat for the future of this same outraged industry, sending solar stocks sky-high.
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Thursday, September 28, 2017
A Former ETF Head At Lehman Brothers: Here’s How To Choose The Best ETF For You / Companies / Exchange Traded Funds
BY JARED DILLIAN : There is a massive price war going on in ETF-land. Issuers are falling over themselves in the race to the bottom in fees.
Clearly, they’re doing it because it works. For many investors, low fees were the main reason you are invested in ETFs.
I saw some funds the other day that had a .04% expense ratio. That’s four basis points, meaning that if you invest $10,000, you pay $4 in fees.
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Thursday, September 28, 2017
History Illustrates Stock Market Crashes Should be Embraced & Not Feared / Stock-Markets / Stock Market Crash
If you're not just a little bit nervous before a match, you probably don't have the expectations of yourself that you should have. Hale Irwin
This is a topic that financial writers should cover in more depth, but it also needs to be covered accurately. From the very beginning individuals have been trained to view crashes as disasters, and in doing so, they miss an opportunity of a lifetime. One has to wonder why so many experts almost purposely go out of their way to proclaim the next crash will mark the end of everything.
Thursday, September 28, 2017
The Koyaanisqatsi Economy / Economics / Economic Theory
The film Koyaanisqatsi was released in 1982. The title means ‘life out of balance’ in the language of the Hopi, a Native American tribe who live(d) mainly in what is now north-east Arizona. It is directed by Godfrey Reggio with music by Philip Glass and cinematography by Ron Fricke. There are no actors, and no dialogue. Philip Glass’s music underlies a series of film fragments that contrast the beauty of American nature with the noise and pollution mankind has added to it. Wikipedia:
Read full article... Read full article...The film consists primarily of slow motion and time-lapse footage of cities and many natural landscapes across the United States. The visual tone poem contains neither dialogue nor a vocalized narration: its tone is set by the juxtaposition of images and music. Reggio explained the lack of dialogue by stating “it’s not for lack of love of the language that these films have no words. It’s because, from my point of view, our language is in a state of vast humiliation. It no longer describes the world in which we live.”
Thursday, September 28, 2017
Is This the Top for the Cryptocurrency Craze? Introducing Jesus Coin / Currencies / BlockChain
Shannara Johnson : Question: How do you recognize a bubble that’s ready to burst?
The answer is twofold:
- When people start going crazy over a certain asset—even the ones who couldn’t have cared less a year earlier.
- When people start doing insane things with that particular asset.
Thursday, September 28, 2017
As Sanctions on North Korea Ramp Up, War on Crypto-Currencies Heats Up / Currencies / BlockChain
By Stefan Gleason, : The dangerous provocations between North Korea and the United States haven’t yet escalated enough to rattle financial markets. The U.S. stock market notched another new record high last week, helping to blunt safe-haven demand for gold and silver.
The North Korea situation is, however, causing political reverberations in the crytpo-currency markets. Following China’s recent crackdown on crytpo-currency exchanges, U.S. officials may be gearing up for a regulatory attack on Bitcoin as part of an economic sanctions package.
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Thursday, September 28, 2017
S&P 500 At New Record High, Will It Continue Higher? Apple Stock Analysis / Stock-Markets / Stock Market 2017
Briefly:
Intraday trade: Our Wednesday's intraday intraday outlook has proved partly accurate. The S&P 500 index closed 0.4% higher, but it gained less than 4 points from its opening price. The index may continue to fluctuate along the level of 2,500 today. It remains above support level of the September 12 daily gap up of 2,488.95-2,490.37. Therefore, we prefer to be out of the market, avoiding low risk/reward ratio trades.
Our intraday outlook is neutral today, and our short-term outlook is bearish, as we expect downward correction. Our medium-term outlook remains bearish:
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Thursday, September 28, 2017
Copper, Oil, Commodities Bottom as Emerging Markets Breakout / Commodities / Commodities Trading
Tonight I would like to update some of the different commodities and emerging markets we took some positions in back in late July of this year. First, let me say that as investors we like everything to line up in perfect harmony so we can make some sense out of what is actually happening in the markets. It’s just human nature. For example, if the US dollar is doing this then the PM complex or the commodities should be doing that. There is a general rule that there is an inverse correlation between the US dollar and the PM complex or commodities, but it’s not always accurate.
Many times we can get bogged down trying to make everything fit perfectly before we make a trade. This can sometimes lead to missed opportunities as what we were expecting didn’t take place. For the most part this is one of the reasons why I prefer Chartology. When a pattern is building out the bears and bulls are making their side known by the battle they’re having with each other, which eventually creates a consolidation or reversal pattern. All the fundamentals that a stock has is also priced into the chart pattern.
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Thursday, September 28, 2017
Benefits of using MetaTrader 4 / InvestorEducation / Learn to Trade
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Wednesday, September 27, 2017
Why Doesn’t Janet Yellen Resign? / Politics / US Federal Reserve Bank
You would think, certainly if you were as naive and innocent as I am, that when you get offered the job of Chair of the Federal Reserve, you must be sure, before accepting, that you have the credentials and the knowledge required. If you don’t, it looks as if you don’t take the job seriously. Janet Yellen, who’s been Chair since January 2014, doesn’t seem to agree.
In a speech Tuesday for the National Association for Business Economics Yellen ‘honestly’ admitted that she doesn’t understand inflation, control of which is the Fed’s no.1 task (it’s debatable whether that’s a good idea). She doesn’t understand a bunch of other issues either. Those are her own words, not mine. Here are these own words:
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Wednesday, September 27, 2017
The Equifax Hack Must Be A Wake-Up Call To Redefine Digital Security / Companies / Cyber Crime
BY GEORGE FRIEDMAN : The Equifax hack must be the last straw in the saga of our inept computer industry. Critical information on the vast majority of American families was compromised.
To say that this was not a rare phenomenon understates it. There has been an endless array of stolen information—from the recent theft of still proprietary stock information from the Commerce Department to the theft of emails from the Democratic National Committee.
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Wednesday, September 27, 2017
Nobody Will Escape the Coming Pension Storm—It Will Be Every Man for Himself / Politics / Pensions & Retirement
The coming pension and unfunded government liabilities storm is so big that many of us simply can’t get out of the way, at least not without great difficulty. This holds true not just for the US but for almost all of the developed world.
I did a lot of thinking after we published last week's Thoughts from the Frontline about the coming pension tsunami (subscribe here for free)—especially as I was reading your comments—and I wished I had made my warning even more alarming.
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Wednesday, September 27, 2017
DVI-I and DVI-D Graphics Card Port Connectors - Custom Built Gaming PC Review (3) / Personal_Finance / Gaming
In part 3 of our buying a custom built gaming PC from an online builder such as OverClockers UK series, we connect the PC up for the first time. However before switching it on there is an issue to overcome, which is the difference between DVI-I and DVI-D graphic card to monitor cables. So if you have just bought a new PC base unit, watch this video first before you try to force the wrong connector into very similar graphics card ports! It could save you having to deal with bent pins or worse!
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Wednesday, September 27, 2017
Ray Dalio’s Principles: A Radically Truthful Review / InvestorEducation / Learn to Trade
Spending $26.95 to pick Ray Dalio’s brain for over 16 hours listening to the audiobook appears fantastic value to me. The thought crossed my mind to offer Mr. Dalio a charity donation in his name if he gave me the opportunity to make it a two-way conversation over lunch. But that wouldn’t have been consistent with his (or my) Principles. Instead, I’m offering my radically truthful review for $0. The challenge for Mr. Dalio is whether reading this review will be time well spent. Ray, you do not know my ‘believability’ – and that is a key deficiency in your principles you might want to address, especially when applied to the next phase in your life. Let me expand.
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Wednesday, September 27, 2017
Financial Advice From Jesse Livermore – Importance Of Being Patient and “Sitting” / Commodities / Gold and Silver 2017
Editor Mark O’Byrne
– Listen to Jesse Livermore and ignore the noise of short term market movements, central bank waffle and daily headlines
– Stock and bond markets are overvalued but continue to climb… for now
– What goes up must come down and investors should diversify and rebalance portfolios despite market noise
– Behavioural biases currently drive markets, prompting legendary investors to be confused and opt out
– Lesson is to prepare portfolios for long-term and invest in assets that will act as hedge in next market correction or crash
– Gold performs well over the long-term and delivers to those “sitting” and being patient
Wednesday, September 27, 2017
NZDUSD Moves In Falling Price Channel / Currencies / Forex Trading
NZDUSD stays in a falling price channel on its 4-hour chart, suggest that the pair remains in the downtrend from 0.7428. As long as the as the price is in the channel, the downside move could be expected to continue and further decline to test 0.7131 support would likely be seen in the coming days.
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Wednesday, September 27, 2017
DOW Jones and CRUDE Oil Reaching the End of the Line / Stock-Markets / Financial Markets 2017
Hi everyone.
All I have seen throughout the day was one article after the next speculating
on what Yellen may have meant when she said,
Well,
Whatever it is that she said!
I do not care what Jannet Yellen said,
Or what Jannet yellen thinks is going to happen in the future.
Tell me the last time a central bank actually got it right?
As far as I can see,
There is only one single thing that the FED has ever been good at doing,
And that is;
doing the WRONG THING at the wrong time,
pretty much all of the time.
Now is no different,
Wednesday, September 27, 2017
Gold and the U.S. Dollar / Commodities / Gold and Silver 2017
Technical analyst Clive Maund discusses the latest moves by gold and the U.S. dollar. The last Gold Market update, posted at its recent peak on the 11th, called for a significant reaction back by gold, and that is exactly what has since happened. It also called for a rally in the dollar, which hasn't happened—yet, but as we will see in this update, it looks likely to happen soon, and given that gold's COTs have barely eased on the current reaction to date, it therefore seems likely that gold will lose more ground on a dollar rally.
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Tuesday, September 26, 2017
This Indicator Stayed AHEAD of Silver for 18+ Months: See What It Says NOW - Video / Commodities / Gold and Silver 2017
Should investors rely on traditional ways of evaluating the stock market's "proper value"? You might be surprised at what these four charts show.
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