Tuesday, August 22, 2017
The Bear Market in Oil Sector Continues / Commodities / Oil Companies
Technical analyst Jack Chan charts the latest moves in the multiyear bear market in oil and gas.
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Tuesday, August 22, 2017
Stock Market Cycle Act II / Stock-Markets / Stock Market 2017
Cycles warn that the sell-off in equites during the last two weeks should find a bottom this week – temporarily. The Bradley model does not hold much hope for those who hope to trade the bounce as it points an upwards-to-sideways move until mid-September when it drops precipitously into mid-October.
The Decennial pattern warns of a nasty sell-off in equities during years ending in the number 7 (i.e. 2017). Since 1907 each of these years (with the exception of 1947 which suffered a mere 6.2% drop) has seen a double-digit decline beginning somewhere between June and October.
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Monday, August 21, 2017
Win a Barny Family Safari Holiday - Last Chance! / Personal_Finance / Freebies and Comps
This is your last chance to win a Barny Family Safari Holiday, or one of a thousand other relatively easy to win Ranger prizes. See our video for details, so that you don't waste your chance to win.
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Monday, August 21, 2017
Cryptocurrencies: Modern Day Alchemy / Currencies / BlockChain
Cryptocurrencies make good currencies, but fail miserably when trying to achieve the status of money.
Cryptocurrencies are both created and held electronically inside a virtual wallet. These digital currencies use encryption techniques to regulate the generation of new units and to verify the transfer of funds. Cryptocurrencies operate independently of governments and are decentralized.
Monday, August 21, 2017
The Stock Market No Longer Cares About Trump / Stock-Markets / Stock Market 2017
BY JARED DILLIAN : I typically stay away from politics. Besides, you probably get enough of it on Facebook!
But I don’t stare at politics every day. I stare at markets every day, and I am pretty comfortable saying that my knowledge of markets is smarter and more incisive than most people’s.
And you know what I have noticed about markets lately?
They don’t care about Trump.
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Monday, August 21, 2017
The Coming Boom Of Productivity Will Get Our Economy Back On Track / Economics / US Economy
My good friend Gary Shilling draws some crucial distinctions with respect to wage and jobs and explains why our perplexing US labor market is actually quite rational.
Gary and I share a fundamental optimism regarding our prospects for long-term economic growth, and in this report, he tells us why.
This kind of in-depth dissection of macro trends is what Gary is known for. So without further ado, I’ll let him take it from here.
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Monday, August 21, 2017
Buffett Sees Stock Market Crash Coming? His Cash Speaks Louder Than Words / Stock-Markets / Stock Market Crash
The Sage of Omaha’s adage is “it’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.”
Editor: Mark O’Byrne
But for Warren Buffett the current environment doesn’t appear to be offering up any wonderful companies at fair valuations. The situation is so bad that the cash stockpile of Berkshire Hathaway has more than doubled in the last four years, from under $40 billion to $100bn.
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Monday, August 21, 2017
Bitcoin in an Illusionary Age / Currencies / Bitcoin
It is altogether fitting that crypto currencies, in particular Bitcoin, have witnessed a meteoric rise in this illusionary age. Not only has their monetary value gone to dizzying heights, but they are now being touted as the destroyer of the current, crumbling monetary order and the next paradigm upon which a new money and banking system will emerge.
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Monday, August 21, 2017
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Monday, August 21, 2017
EURUSD Remains In Uptrend From 1.0569 / Currencies / Euro
EURUSD stays in a bullish price channel on its daily chart and remains in the uptrend from 1.0569. As long as the price is in the channel, the pullback from 1.1909 could be treated as consolidation of the uptrend.
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Monday, August 21, 2017
Stock Market Correction in Full Swing / Stock-Markets / Stock Market 2017
Current Position of the Market
SPX Long-term trend: The uptrend should continue after pausing for a correction.
SPX Intermediate trend: “An ending pattern appears to be in its last stages of completion. This should be followed by an intermediate term correction into October.” The correction has started.
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, August 21, 2017
Seeking Confirmations – US Stock Market / Stock-Markets / Stock Market 2017
We have several inputs forecasting change (market pivots) ranging from seasonal tendencies to an expected US dollar rally, Fed monetary tightening (such as it is), the 30 month S&P 500 cycle, not to mention a presidential administration in utter disarray and not having done much, if anything, to further the fiscal stimulation (which, the story goes, would replace the Fed’s monetary stimulation under the previous administration) view that much of the stock market’s post-election euphoria was built upon.
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Monday, August 21, 2017
What’s Next For Gold? Its All About The U.S. Dollar / Commodities / Gold and Silver 2017
What’s next for gold? Seems like a fairly simple question. Unfortunately, it is nearly impossible today to get a simple answer. That’s the problem.
Why is that? And, if we can find a simple, straight-forward answer, how do we know the answer is correct?
Perspective and intent are factors. But so are logic and accuracy.
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Monday, August 21, 2017
Gold’s Sudden, Newfound Relative Strength / Commodities / Gold and Silver 2017
Three weeks ago we discussed how Gold needed to perform considering the US$ index was likely to bounce due to an oversold condition and extreme bearish sentiment.
We wrote: “Simply put, Gold will have to prove itself in real terms if it is going to hold its ground or breakout as the US$ begins a likely bounce.”
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Monday, August 21, 2017
The changing demographic of online gamblers / Personal_Finance / Gambling
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Monday, August 21, 2017
Bitcoin & Bitcoin Cash Smash Through $5,000! / Currencies / Bitcoin
Now, I realize I can’t do this forever. I can’t continue for years to combine the value of both Bitcoin and Bitcoin Cash and quote it as a “total value” of bitcoin.
But, considering that it was just 19 days ago that every person in the world who owned bitcoin, if they stored it correctly, also became a new owner of an equal amount of Bitcoin Cash… it is still a very reasonable thing to take note of the two currencies combined price as being the value that the grand majority of bitcoin holders currently hold… or “HODL”, to talk more like the cool kids.
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Sunday, August 20, 2017
Cryptocurrencies Exploding: This Is Nuts / Currencies / BlockChain
You can get to seven figures right now—it's possible, because I already have met 23 people who have done that, the youngest of whom is now 23, but was 17 when he bought Bitcoins initially.
You've got to be on high alert when you hear that even the harshest Bitcoin skeptics, like long-time Bitcoin slammer Josh Brown, of New York-based Ritholtz Wealth Management, are now blogging about buying some "in case I'm wrong," as he says.
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Sunday, August 20, 2017
Gold is a coiled spring… the breakout is here, fundamentals are in place, technicals are compelling / Commodities / Gold and Silver 2017
Mike Gleason:It is my privilege now to welcome in Greg Weldon, CEO and President of Weldon Financial. Greg has over three decades of market research and trading experience, specializing in the metals and commodity markets, and even authored a book in 2006 titled Gold Trading Boot Camp, where he accurately predicted the implosion of the U.S. credit market and urged people to buy gold when it was only $550 an ounce. He's a highly sought-after presenter at financial conferences and is a regular guest on financial shows throughout the world.
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Sunday, August 20, 2017
A Midsummer Night's Dream: Buy Gold and Silver / Commodities / Gold and Silver 2017
Precious metals expert Michael Ballanger discusses the seasonality of gold and silver, and the metals' relationship with Bitcoin. Each year since 1987, I have always used the final two weeks of the month of August as a shopping period in a manner not unlike the “Back-to-School” kind only the wares I seek are junior precious metals stocks as opposed to school uniforms, pens, and books. It began after I had been speaking with one of the finest brokers I had ever had the opportunity to know, Edmonton’s late George Milton, whose claim to fame was being the early financier for Bre-X (Not to worry, he and the bulk of his clients were long gone by the time the fraud was revealed). George would tell clients around mid-May to raise cash because after June 1, he would be AWOL. Because there were no cell phones, internet, text messaging or Twitter, that meant that George would be out-of-contact until mid-August and, true to form, on August 15th, he would arrive at the office, open his Rolodex, and begin to call clients. By the time mid-August arrived, the first shares he would buy were the ones he sold in mid-May and amazingly, 90% of those names had fallen 50% (or more) due to the illiquidity and disinterest so typical of the June-July period in the Canadian junior mining markets. He would spend the next two weeks accumulating his list and then watch as the mid-September reversal of fortune arrived with heightened liquidity and interest and prices paid for his late summer shopping spree would advance.
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Sunday, August 20, 2017
Gold Mining Stocks 2017 Fundamentals / Commodities / Gold and Silver Stocks 2017
The gold miners’ stocks have spent months adrift, cast off in the long shadow of the Trumphoria stock-market rally. This vexing consolidation has left a wasteland of popular bearishness. But once a quarter earnings season arrives, bright fundamental sunlight dispelling the obscuring sentiment fogs. The major gold miners’ just-reported Q2’17 results prove this sector remains strong fundamentally, and super-undervalued.
Four times a year publicly-traded companies release treasure troves of valuable information in the form of quarterly reports. Companies trading in the States are required to file 10-Qs with the US Securities and Exchange Commission by 45 calendar days after quarter-ends. Canadian companies have similar requirements. In other countries with half-year reporting, some companies still partially report quarterly.
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