Wednesday, July 19, 2017
How Steel Became US Security Concern – and Global Trade War Threat / Politics / Protectionism
By: Dan_Steinbock
As the White House seeks to turn steel overcapacity into a national security matter, the issue is alienating not only China but America’s NATO allies.'They're dumping steel and destroying our steel industry, they've been doing it for decades, and I'm stopping it. It'll stop,' US President Donald Trump declared during a recent flight from the US to France. “There are two ways: quotas and tariffs. Maybe I'll do both,” he added at the eve of his administration’s first Sino-US Comprehensive Economic Dialogue (CED), also known as Diplomatic and Security Dialogue (D&SD).
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Wednesday, July 19, 2017
Bitcoin PullBack Is Over (For Now): Cryptocurrencies Gain Nearly A 50% In Last 48 Hours / Currencies / Bitcoin
By: Jeff_Berwick
So much for the cryptocurrency correction. Two days ago when bitcoin hit nearly $1,800 and the market capitalization of all cryptocurrencies nearly touched $60 billion, I wrote in my article entitled, “Coinpocalypse”, “I am now thinking it has dropped enough to start wading back in.”
And, it appears I nailed it almost down to the minute. As soon as that article went live, the cryptocurrencies began staging a comeback. And they continue to do so as we speak.
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Wednesday, July 19, 2017
Stock Market Forecast: OPEX Week July 2017 / Stock-Markets / Stock Market 2017
By: Brad_Gudgeon
I have SPX falling to 2444/45 Wednesday and GDX down to near 21.90/.93. By Friday SPX should be tagging 2479 and GDX to near 22.99/23.00. Past cycles and VOL cycle suggest an up open tomorrow that will be sold. By 11:00 EDT we should see a sell-off to 2444/45 SPX. Wisdom dictates late day buying (3:00) of XIV on the secondary low. I like VXX or UVXY on the open Wednesday. A 6% gain in UVXY is possible tomorrow into late in the day on the secondary low.Read full article... Read full article...
Wednesday, July 19, 2017
Biotech with Alzheimer's Focus Makes Progress on Several Fronts / Companies / BioTech
By: TLSReport
In its corporate update for Q2/17, a Canada-based biotech targeting neurological disorders including Alzheimer's disease informed investors of advancements in several programs, including designation of a second validated lead compound in development.
Among ProMIS Neurosciences Inc.'s (PMN:TSE) "key accomplishments" in the quarter, the company noted it expanded its potentially "best in class amyloid-beta (Aβ) portfolio for Alzheimer's disease," according to a July 10 news release. In its oral presentation, the company stressed its emphasis on the "best in class" goal, noting that even though Biogen Inc.'s (BIIB:NASDAQ) aducanumab will be "first in class" and is progressing well in development, the ProMIS compound could be more selective and possess greater patient benefits.
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Wednesday, July 19, 2017
DOW Drops 200 Points in Lock Step with Wave Count! / Stock-Markets / Stock Market 2017
By: Enda_Glynn
My Bias: LONG
Wave Structure: rally in wave [C]
Long term wave count: wave [C] is underway, upside to above 136.00
Important risk events: JPY: Monetary Policy Statement. USD: Housing Starts, Building Permits, Crude Oil Inventories.
Wednesday, July 19, 2017
AAPL's 6% June slide - When Prices Are Falling, TWO Numbers Matter Most / Companies / Apple
By: EWI
On June 29, the Apple iPhone turned 10 years old. But, for many, the mood surrounding the milestone was less than celebratory. Reason being, in June alone, Apple Inc. (AAPL) plunged 6% to two-month lows amidst a broad-scale bruising of the global tech sector.
And so, the cursor on some Smartphone stock trading apps sits there -- blinking, blinking, blinking...
What's the next move? Is AAPL's 6% sell-off the start of a new downtrend. Or, will prices find a bottom and reclaim the upside?
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Wednesday, July 19, 2017
Discover Why A Major American Revolution Is Brewing / Politics / US Politics
By: Harry_Dent
I have written many articles on how extremely polarized our politics has become in the last decade. I’ve dedicated several Leading Edge newsletters to the topic. I talked about it at our 2016 Irrational Economic Summit. I even discuss it briefly in my new book, Trump, Brexit, and the Next Civil War, which will be available around mid-August.I talk about it so much because it’s related to the mega 250-Year Revolution Cycle sweeping over us right now. We’ll feel the effects of this cycle for decades to come… which I detail in my new book.
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Wednesday, July 19, 2017
We Will Face The Greatest Stock Market Turning Point In October- Beware! / Stock-Markets / Stock Market 2017
By: Harry_Dent
Normally the worst season for the stock market is between July and November, especially August through mid-October, with September the worst month for losses (on average, of course).
The first wave of the 1929 to 1932 crash ran from early September into mid-November, claiming a loss of 47% in just two and a half months.
Wednesday, July 19, 2017
US Housing Market - Goodbye Hotel California / Housing-Market / US Housing
By: Rodney_Johnson
Not everything about my recent move from Florida to Texas was tough. I didn’t enjoy the packing and cleaning, or the unpacking and more cleaning. But there was one thing that made me smile.I kicked my storage unit to the curb.
Five years ago we decided to downsize. There was no way to put 4,000 square feet of furniture into 2,100 square feet of space. We made tough decisions on what to keep and what to give away or sell, but in the end we had a few items that had no home in the new house, but we couldn’t part with.
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Wednesday, July 19, 2017
iGaming – Stock Prices / Companies / Investing 2017
By: Submissions
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Tuesday, July 18, 2017
Banks Are “Pulling the Plug” On Another Debt Bubble, CRASH is Coming / Stock-Markets / Financial Crisis 2017
By: Graham_Summers
The credit cycle is turning for the worse.
Delinquency rates are creeping up in the consumer loan and commercial/industrial loan space. This is a clear signal that both the consumer and the corporate sectors of the economy are beginning to run out of steam.
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Tuesday, July 18, 2017
Here’s Why China’s One Belt, One Road Is Doomed To Failure / Economics / China Economy
By: John_Mauldin
One Belt, One Road (OBOR) is China’s ambitious initiative unveiled in 2013. In fact, it’s two plans combined to form a larger framework of new trade routes.
The first of these is One Belt (the orange line in the above map). It refers to the development of new infrastructure—particularly railroads and highways—to connect China’s interior provinces with Europe by way of Russia, Central Asia, and the Middle East. It’s a tall order, and expectations are low that China would be able to build them.
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Tuesday, July 18, 2017
The Socionomic Theory of Finance By Robert Prechter - Book Review / InvestorEducation / Elliott Wave Theory
By: Nadeem_Walayat
Here is my review of Robert Prechter's latest BOOK "The Socionomic Theory of Finance", which is a 800 page monster of a work. I first became aware of the Robert Prechter's writings in the 1980's as his book "The Major Works of R. N. Elliot" was my first foray into Elliott Wave Theory, in which Robert Prechter was already in the last few pages seeking to go beyond Elliott Wave Theory, and now 30 years later here is the latest manifestation of Robert Prechter's journey into a socioeconomic model of markets and economies that began as elliott wave theory.
Tuesday, July 18, 2017
Nasdaq: Third Times a Charm? / Stock-Markets / Stock Market 2017
By: Gary_Savage
This is the Nasdaq's third attempt to break out of the bull market channel. Once it holds we should shift into a higher gear as the bubble phase progresses.
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Tuesday, July 18, 2017
Ethereum Versus Bitcoin – Which Cryptocurrency Will Win The War? / Currencies / BlockChain
By: Boris_Dzhingarov
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Tuesday, July 18, 2017
Fixed Interest Rate Bond Rises Fuel Recovery in UK Savings Market / Personal_Finance / Savings Accounts
By: MoneyFacts
The latest data from moneyfacts.co.uk reveals that the savings market has now had six consecutive months wherein rate rises have outweighed cuts, with June seeing 125 rises versus 21 cuts.
Fixed rate bonds have been playing a huge part in the recovery of the market since the start of 2017, with last month showing that 78% of the recorded rate rises were for fixed rate bonds.
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Tuesday, July 18, 2017
USDCAD Facing Important Support At 1.2460 / Currencies / Canadian $
By: Franco_Shao
The USDCAD pair recently broke below the channel support and 1.2968 key support on its weekly chart, indicating that the long term bearish movement from the January 2016 high of 1.4689 has resumed. The pair extended its bearish movement to as low as 1.2627, facing an important support level at the May 2016 low of 1.2460.
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Tuesday, July 18, 2017
Gold and GDX Trading Cycle / Commodities / Gold and Silver 2017
By: SurfCity
Short term we have started a new Trading or Daily Cycle. The much bigger question is have we also found a 5-6 month Intermediate Cycle Low? That is still an open question.
I have Gold on day 4 and GDX on day 5 of their new Trading/Daily Cycles.
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Tuesday, July 18, 2017
Calling for Stock Market Top Within The Next Three Weeks / Stock-Markets / Stock Market 2017
By: Avi_Gilburt
Last week, I noted to members: "As long as last week’s low is not broken, the market still has a set up in place to rally up towards the 2500SPX region."
And, as we saw, the market has rallied up towards our long-term target region. The high we struck on Friday is now only 24 points from the bottom of our long-term target box, which we set several years ago.
Since bottoming back in February of 2016, the S&P500 has rallied 38%. That is one of the best runs in the market’s history. But, were you prepared for it?
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Tuesday, July 18, 2017
Accepting a Society of Government Tyranny / Politics / US Politics
By: BATR
Rational thinking and moral conduct are rare in a society that has no respect for other individuals or succumb to the dictates of an all powerful government. Without free will, the dignity of the person is removed from the social relationship. Tyranny is not simply a state of mind, but is an imposition of compulsion designed to control the behavior of subjects of whatever form of government claiming legitimate rule.