Saturday, September 02, 2017

Stock Market About As Crazy As It Gets... / Stock-Markets / Stock Market 2017

By: Anthony_Cherniawski

NDX appears to have made its final high this morning. The Triangle formation tells us it is so. Triangles always precede a final high or low in a the trending direction.

Saturday, September 02, 2017

Silver Junior Mining Stocks 2017 Q2 Fundamentals / Commodities / Gold and Silver Stocks 2017

By: Zeal_LLC

The silver miners’ stocks have largely languished this year, grinding sideways near lows for months on end.  This vexing consolidation has fueled near-universal bearishness, leaving silver stocks deeply out of favor.  But once a quarter when earnings season arrives, hard fundamentals pierce the obscuring veil of popular sentiment.  The silver miners’ recently-reported Q2’17 results reveal today’s silver prices remain profitable.

Four times a year publicly-traded companies release treasure troves of valuable information in the form of quarterly reports.  These are generally due by 45 days after quarter-ends in the US and Canada.  They offer true and clear snapshots of what’s really going on operationally, shattering the misconceptions bred by the ever-shifting winds of sentiment.  There’s no silver-miner data that is more highly anticipated than quarterlies.

Saturday, September 02, 2017

Technology Is Already Eliminating Driver Jobs—Here’s How to Trade It / Commodities / AI

By: John_Mauldin

BY PATRICK WATSON : Everyone is worried about robots. Elon Musk fears they will kill us all if we give them both deadly weapons and autonomy.

He certainly has a point, but the non-lethal scenarios are no picnic either. Robots are already taking over human jobs at a rapid pace. Robots are already taking over human jobs at a rapid pace.

Worse, artificial intelligence (AI) systems threaten even “knowledge worker” jobs now.

Saturday, September 02, 2017

Leading China Expert Lays Down 9 Major Trends That Now Drive The Chinese Economy / Economics / China Economy

By: John_Mauldin

Leland Miller is a leading expert on China’s financial system and a good friend of mine.

They regularly interview (if memory serves correctly) about 2000 large Chinese companies in every sector to get a good idea of what is actually happening in the Chinese economy.

There is nothing else like their work, and anybody who is investing large sums or who just does business in China gladly pays the six-figure price to get access to their data and research.

Saturday, September 02, 2017

Precious Metals Outperform Markets In August – Gold +4%, Silver +5% / Commodities / Gold and Silver 2017

By: GoldCore

– All four precious metals outperform markets in August
– Gold posts best month since January, up nearly 4%
– Gold reaches highest price since US election, climbs due to uncertainty and safe haven demand
– S&P 500 marginally higher; Euro Stoxx, Nikkei lower for month
– Platinum is best performing metal climbing over 5%
– Palladium climbs over 4% thanks to seven year supply squeeze
– Fear, uncertainty and political sanctions are amongst biggest drivers for precious metals
– Never been a better time to diversify and rebalance portfolios with stocks and bonds near record highs and looking vulnerable

Friday, September 01, 2017

NZDUSD Broke Below 0.7200 Support / Currencies / Forex Trading

By: Franco_Shao

NZDUSD recently broke below a major support level at 0.7200, indicating that the uptrend from 0.6817 had completed at 0.7557 already. The pair is now in downtrend, further decline would likely be seen after correction.

Friday, September 01, 2017

The Coming Crypto-Crisis? / Currencies / BlockChain

By: Brady_Willett

Since 2008 there has been a widespread increase in debt around the globe, central bankers have printed and experimented with direct asset purchases like never before, and there have been many dangerous bubble-like oddities in the marketplace worthy of attention (i.e. student debt, subprime auto, junk bonds, housing, etc.).  Nevertheless, despite the record increase in paper wealth since 1Q09 there has been no unifying ‘mania’ for the grumpily inclined to ceaselessly growl about.  That is, perhaps, until now:

“Bitcoin Cash’s price nearly doubled within its first 24 hours, surging from roughly $394 to $757…”  Forbes

Friday, September 01, 2017

13 Reasons Why to Own Gold After Breaking Above $1300 / Commodities / Gold and Silver 2017

By: Submissions

Michal Matovcik writes: Gold is showing decent strength going into the end of summer breaking above strong psychological and technical level of $1300 per ounce which can finally confirm the beginning of long-term bull market. At the same time, gold reached new highs for 2017.

There is no lack of fundamentals supporting the move upwards. But as gold traders got used to during recent years, the "fat fingers" smashing gold to the downside during ridiculous trading hours in low liquidity markets has no limits. So I always remember the old saying used by many long time traders, "Markets have the ability to stay irrational longer than our accounts solvent". 

Friday, September 01, 2017

Stock Market SPX : Morphology 101 / Stock-Markets / Stock Market 2017

By: Rambus_Chartology

Below is a daily chart for the SPX which shows you a good example of a morphing rising wedge. As you can see there was a false breakout above the top rail and then an equal false breakout below the bottom rail, symmetry false breakouts, red circles.

When that occurs we need to adjust the top and bottom trendliness to the new high and low to get the new pattern. The original rising wedge is now shown by the blue dashed trendlines with the new rising wedge the solid blue trendlines.

Friday, September 01, 2017

Copper Strong, Good News for Chile, Bad News for the US / Commodities / Copper

By: Metals_Report

Technical analyst Clive Maund analyzes why the rising copper price is good news for Chile.

Copper is looking strong, apparently due in part to China stockpiling it, and this of course augurs well for the Precious Metals, especially silver, as copper "shows the way," which is why it is known as Dr. Copper. As we can see on its 5-year chart, it has already broken out of a Head-and-Shoulders bottom to enter a bullmarket. Right now it is overbought and has resistance to work its way through, so periods of consolidation are to be expected.

Friday, September 01, 2017

Three Oil & Gas Names for Volatile Times in the Energy Sector / Commodities / Oil Companies

By: The_Energy_Report

With oil and gas prices not easy to predict, Samuel Pelaez, chief investment officer and portfolio manager of Galileo Funds, explains the algorithms that track "quantamentals," and discusses several companies that he expects to outperform.

The Energy Report: Sam, you employ what you call "quantamental" models. Would you explain what they are?

Friday, September 01, 2017

Trump Reset: US War With China, North Korea Nuclear Flashpoint - Video / Politics / China US Conflict

By: Nadeem_Walayat

This is my latest video in my Trump Reset War with China series that details the key mega-trend geopolitical consequences of the Trump Presidency, of why the United States under Trump would be trending towards an inevitable war with China, economic, cyber and even outright military conflict, something that many were skeptical of when I wrote my 3 pieces of in-depth analysis before Trump took office, but given what has subsequently transpired should be recognised as now being far more probable.

Thursday, August 31, 2017

Stocks do this in October in Years Ending in 7 / Stock-Markets / Stock Market 2017

By: Chris_Vermeulen

It has been proven repeatedly by various market experts that stock market cycles exist. Whether you believe in them or not that is up to you, but as a technical trader myself I see price action repeat on virtually all time frames from the intraday charts, to daily, weekly, monthly, quarterly, yearly, and beyond.

In fact, cycles tend to move in series of 3’s, 7’s and 10’s, and multiples of these as well. So, 3 bars, 7 bars, 10 bars no matter the time frame, though I find the 10min, daily, weekly, and monthly charts work best.

Thursday, August 31, 2017

The Demise Of Libor Is Part Of A Massive Global Trend That Many Overlook / Interest-Rates / Global Financial System

By: John_Mauldin

BY XANDER SNYDER : For decades, the public put its trust in technocrats.

The thinking was that the economy and politics had become too complex for ordinary citizens to understand. And that the best way to handle it was to allow the experts to take over.

They were perceived to be skillful and knowledgeable enough to manage economically and politically important institutions (including banks).

The events of 2008–2009 shattered that belief.

Thursday, August 31, 2017

Boomers are Turning 71 - Setting off a Perfect Storm for Investors / Stock-Markets / Stock Market 2017

By: John_Mauldin

BY STEPHEN MCBRIDE : Few investors understand the magnitude of the looming demographic crisis and its ramifications.

The first Baby Boomers turned 70 last year. At the same time, the US fertility rate is at its lowest point since records began in 1909.

This disastrous combination means by 2030, those aged 65 and older will make up over 20% of the population.

Thursday, August 31, 2017

3 Reasons The Stock Market Is Nowhere Near A Crisis / Stock-Markets / Stock Market 2017

By: John_Mauldin

Bearish investors see many reasons to be cautious now and little grounds for optimism. Others are stalwartly bullish. Naturally, I have friends on both sides of this debate, people with deep knowledge and experience.

Problem is, they can’t all be right. The stock market will move up or down (or possibly sideways), and some of us will be wrong.

Now, let’s see what the bulls have to say.

Thursday, August 31, 2017

4 Reasons Why “Gold Has Entered A New Bull Market” – Schroders / Commodities / Gold and Silver 2017

By: GoldCore

– 4 reasons why “gold has entered a new bull market” – Schroders
– Market complacency is key to gold bull market say Schroders
– Investors are currently pricing in the most benign risk environment in history as seen in the VIX
– History shows gold has the potential to perform very well in periods of stock market weakness (see chart)
– You should buy insurance when insurers don’t believe that the “risk event” will happen
– Very high Chinese gold demand, negative global interest rates and a weak dollar should push gold higher

Thursday, August 31, 2017

Stock Market New Record Highs Ahead Or Just Bounce? S&P 500 Above 2,450 Mark / Stock-Markets / Stock Market 2017

By: Paul_Rejczak

Briefly:
Intraday trade: The S&P 500 index may slightly extend its short-term advance today. However, we can see some technical overbought conditions that may lead to a downward correction. Therefore, we prefer to be out of the market again, avoiding low risk/reward ratio trades.

Our intraday outlook remains neutral, and our short-term outlook is bearish, as we expect downward correction. Our medium-term outlook remains bearish:

Thursday, August 31, 2017

Has the EURO Topped? / Currencies / Euro

By: SurfCity

At least in the short term anyway? Remember, that based on my USD update from yesterday, I am still looking for a 5-6 month Intermediate Cycle Low (ICL) in the USD. The Dollar has rallied hard off yesterdays low and as you would expect, the EURO is showing signs of topping here.

I have taken a trade in shorting the EURO with the EUO ETF but have not yet made this a portfolio trade as it is risky here but here are some charts on both the EURO ($XEU) and EUO.

Thursday, August 31, 2017

Are You Ready to Profit From the US Dollar Collapse? / Currencies / US Dollar

By: Graham_Summers

The US Dollar collapse has already triggered a major move in inflation plays.

To whit, Gold has broken its SEVEN-YEAR downtrend.