Monday, September 25, 2017
Stock Market Forming a Reluctant Top / Stock-Markets / Stock Market 2017
Current Position of the Market
SPX Long-term trend: The uptrend has pushed a little higher, near-term.
SPX Intermediate trend: We may be in a position to get “something” started on the downside.
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 discuss longer market trends.
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Monday, September 25, 2017
Grid Forex Strategy - All You Need to Know / Currencies / Forex Trading
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Sunday, September 24, 2017
Catalonia, Kurdistan, Patriotism, Flags and Referendums / Politics / GeoPolitics
‘Tis the jolly time of elections, referendums, flags and other democracy-related issues. They are all linked in some way or another, even if that’s not always obvious. Elections, in New Zealand and Germany this weekend, referendums in Catalonia and Kurdistan the coming week, a looming Party Congress in China, quarrels about a flag in the US and then there’s always Brexit.
About China: the Congress is only in October, Xi Jinping looks sure to broaden his powers even more, and it ain’t all that democratic, but we should still follow it, if only because party officials will be either demoted or promoted, and some of them govern more people than most kings, queens, presidents and prime ministers. They say everything’s bigger in Texas, but in China everything really is. Including debt.
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Sunday, September 24, 2017
Two Key Indicators Show the S&P 500 Becoming the New ‘Cash’ / Stock-Markets / Stock Market 2017
Pension plan administrators do it. Their actuaries and consultants do it. Professional endowment and foundation investors do it. Financial advisors do it. Private investors may or may not do it, but they probably should.
Do what?
All of these folks already are or should be asking themselves the following question: What’s a reasonable expectation for the long-term return on a broad-market equity investment?
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Sunday, September 24, 2017
Is the Fed About to Burst the Largest Debt Bubble in History? / Stock-Markets / Global Debt Crisis 2017
Let the farce begin.
The Fed meets today to discuss whether or not to begin shrinking its balance sheet. The financial media informs us that this is the single most important Fed meeting in years and that its coming announcement is a game-changer.
Give me a break.
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Sunday, September 24, 2017
The Felling of Sheffield's Big Street Trees 2017 - Dobcroft Road / Local / Sheffield
Sheffield is being systematically purged of its biggest and best street trees with the initial tranche of 6000 trees by the end of 2017 nearing completion, with likely many thousands of more big street trees to be felled during the remaining years of the Labour Sheffield City Council's 25 year Streets Ahead contract with Amey.
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Sunday, September 24, 2017
Advantages of Forex Trading / Currencies / Forex Trading
Forex trading dealing which also is called by another name “Foreign Return Trading” which deals with currency dealing. Forex is the most important aspect in this world. Forex company exchange is liable and important for move and the import and export company. For example, If an individual is a citizen of the United States of America but wants to buy branded shoes or a dress by a famous designer who lives across in a another nation like France or Paris, that individual has to pay the currency equivalent to the currency rate in that particular nation. This transaction benefits the overall economy of the nation and for the people it’s a good financial commitment to generate extra cash by taking threat and trusting the uncertainty. Anyone can get associated with Forex trading dealing plan to generate a little cash because it doesn’t take a lot of capital to be eligible for that. Before deciding to go on this venture it is always suggested to understand the following ventajas del trading en forexRead full article... Read full article...
Saturday, September 23, 2017
Stocks, Gold, Dollar, Bitcoin Markets Analysis / Stock-Markets / Financial Markets 2017
As always, I will be adding to this over the weekend and should have all my updates done by 2pm PST on Sunday so please check back then.
Stocks (SPX):
Cycle Status/Outlook: Short term bullish after another new ATH on the SPX this week on day 21. We are slightly lower on day 23 but a 21 day high shifts the odds in favor of a right translated cycle that will make a higher low.
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Saturday, September 23, 2017
Calling the UltraShort 20+ Year Treasury Bonds Low ... Where Is Yield Heading Next? / Interest-Rates / US Bonds
Calling the UltraShort 20+ Year Treasury Bonds Low ... Where Is Yield Heading Next?
On September 6, with the ProShares UltraShort 20+ Year Treasury (TBT) reaching a new low (33.32) in its 7-month corrective process, we noted that "Dec-Sep correction could be at or nearing a downside exhaustion."
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Saturday, September 23, 2017
A Triangle Consolidation in the SPX / Stock-Markets / Stock Market 2017
I5t appears that a Triangle has formed at the Micro level in the SPX. That explains the week-long sideways consolidation that we’ve seen…and the reason why we haven’t seen the trendline get broken, as well. We may see a pop on Monday morning, so see you there!
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Saturday, September 23, 2017
How Will We Be Affected by a Series of Rate Hikes? / Interest-Rates / US Interest Rates
The current federal funds rate is 1.00% – 1.25%. The Fed started raising interest rates in December 2015, when they were at a historic low of 0.25%. Since then, 4 rate hikes have been implemented, each valued at 25-basis points. Today, the federal funds rate (FFR) is inching towards the 1.25% – 1.50% level. The average interest rate in the US between 1971 and 2017 was 5.77%. It peaked at 20% in 1980 and dropped to an all-time low of 0.25% after the global financial crisis of 2008. Interest rates are especially important when it comes to monetary policy.
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Saturday, September 23, 2017
Stock Market's "Proper Value" Is Nonsense -- Here's Why / Stock-Markets / Stock Market 2017
See why there is no reliable standard of value for the stock market
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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Friday, September 22, 2017
Fed Quantitative Tightening Impact on Stocks and Gold / Commodities / Gold and Silver 2017
This week’s landmark Federal Open Market Committee decision to launch quantitative tightening is one of the most-important and most-consequential actions in the Federal Reserve’s entire 104-year history. QT changes everything for world financial markets levitated by years of quantitative easing. The advent of the QT era has enormous implications for stock markets and gold that all investors need to understand.
This week’s FOMC decision to birth QT in early October certainly wasn’t a surprise. To the Fed’s credit, this unprecedented paradigm shift had been well-telegraphed. Back at its mid-June meeting, the FOMC warned “The Committee currently expects to begin implementing a balance sheet normalization program this year”. Its usual FOMC statement was accompanied by an addendum explaining how QT would likely unfold.
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Friday, September 22, 2017
Bitcoin & Blockchain: All Hype or Part of a Financial Revolution? / Currencies / BlockChain
Jamie Dimon, JPMorgan CEO, says Bitcoin is a fraud – likening it to the 17th century tulip bubble – that will eventually blow up. He said he’d fire any trader who traded it.Ron Insana, CNBC contributor, says Bitcoin is in a bubble, with investor enthusiasm driving it to a new fever pitch. He’s cited several reasons why it will fail.
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Friday, September 22, 2017
Bitcoin after Extreme Volume / Currencies / Bitcoin
Bitcoin is on the Bloomberg Markets main page again. This is yet another sign of the currency becoming yet another asset class. In the article, we read:
Bitcoin is looking increasingly likely to splinter off again in November, creating a third version of the world’s largest cryptocurrency as miners and developers pursue separate visions to scale its rapidly growing marketplace.
Major industry players, including the bitcoin investor Roger Ver known as “Bitcoin Jesus” for proselytizing on behalf of the digital currency, say consensus between opposing camps looked increasingly unlikely. That opinion was echoed by some of the biggest mining pool operators and also programmers -- known as “Core” developers -- who were instrumental to developing the infrastructure of the original bitcoin network.
Friday, September 22, 2017
How We Made Money Without Knowing It / Personal_Finance / Earnings
Thank goodness!After 17 long years, the median U.S. household income has finally broke above the previous record set in 1999. According to a Census Bureau report released last week, median income increased 3.2% in 2016, to $59,039 after inflation.
That eclipsed the last record of $58,665 set at the end of the 20th century.
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Friday, September 22, 2017
Pensions and Debt Time Bomb In UK: £1 Trillion Crisis Looms / Interest-Rates / UK Debt
– £1 trillion crisis looms as pensions deficit and consumer loans snowball out of control
– UK pensions deficit soared by £100B to £710B, last month
– £200B unsecured consumer credit “time bomb” warn FCA
– 8.3 million people in UK with debt problems
– 2.2 million people in UK are in financial distress
– ‘President Trump land’ there is a savings gap of $70 trillion
– Global problem as pensions gap of developed countries growing by $28B per dayp>
Friday, September 22, 2017
Will North Korea Boost Gold Prices? Part I / Commodities / Gold and Silver 2017
In August, tensions between the U.S. and North Korea rose after Trump’s famous remarks that threats to the U.S. from Pyongyang would be met with “fire and fury”. The relations between these two countries have not been so tense for a long time. What does it imply for the gold market?
Let’s start with the no-brainer: the conflict about Korean Peninsula is a very old one. It implies that investors are used to it and will not panic after the first dramatic news. Some level of hostile relationships and geopolitical conflicts between countries are inevitable and already priced into the yellow metal. The best example may be the Cold War, i.e. a state of geopolitical tensions between two nuclear powers, the U.S. and the Soviet Union, which lasted from 1947 to 1991, but it did not support the gold prices all the time. Actually, the yellow metal entered a bear market in the 1980s.
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Friday, September 22, 2017
South Korea Dispute Throws Wrench In US War Plans / Politics / South Korea
BY GEORGE FRIEDMAN : Last May at Mauldin Economics’ Strategic Investment Conference, I predicted that the crisis in North Korea would likely lead to war. The crisis ensued, but war has not broken out.
With a top US official saying the Pentagon might have to handle this crisis, it’s time to review what has happened and whether war is really an option now.
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Friday, September 22, 2017
GBPUSD Facing Major Resistance Trend Line On Weekly Chart / Currencies / British Pound
GBPUSD extended its upside movement from 1.1946 to as high as 1.3652, facing a major resistance trend line from 1.7190 to 1.5016 on its weekly chart. As long as the price is below the trend line, the bounce from 1.1946 could be treated as consolidation of the long term downtrend from 1.7190, and another fall could be expected after the consolidation.
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