Tuesday, April 04, 2017
EUR/USD - Another Invalidation of Breakout / Currencies / Forex Trading
By: Nadia_Simmons
On Friday, the euro extended losses against the greenback and closed the week under the previously broken long-term support/resistance line, invalidating the earlier breakout. Will this negative development encourage currency bears to act in the coming week?
In our opinion, the following forex trading positions are justified - summary:
EUR/USD: short (a stop-loss order at 1.0967; the initial downside target at 1.0521)
GBP/USD: short (a stop-loss order at 1.2738; the downside target at 1.2157)
USD/JPY: none
USD/CAD: none
Tuesday, April 04, 2017
Negative Real Interest Rates to Drive Gold Price Higher / Commodities / Gold and Silver 2017
By: John_Mauldin
At its March meeting, the Federal Reserve raised interest rates by 0.25%. In doing so, it hiked rates for only the third time since 2006. However, in a strange turn of events, the Fed’s move was perceived as a dovish one by the markets.
That’s because even with inflation at its highest level since 2012, the Fed said monetary policy will remain accommodative “for some time.” As has been the case in the past, the Fed is willing to let inflation consolidate above its 2% target before embarking on a more aggressive tightening path.
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Tuesday, April 04, 2017
What's Next for Crude Oil Stocks? / Commodities / Oil Companies
By: Nadia_Simmons
Without a doubt, the previous week was the best week of 2017 for oil bulls. In that time, the black gold gained 5.48% and invalidated the earlier breakdown under the psychologically important barrier of $50. What happened at the same time with oil stocks? What's next for the XOI? Let's jump right into charts (chart courtesy of http://stockcharts.com) and find out what can we infer from them about future moves.
Let's start today's article with the long-term chart of oil stocks.
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Tuesday, April 04, 2017
All Eyes on US Bond Market Yields / Interest-Rates / US Bonds
By: Mike_Paulenoff
After the first day of trading of April, a relatively uneventful one for the equity markets in general, the most consequential market for me is 10-year yield!
Yield continues to exhibit weakness, and is bearing down on a critical 5-month support level at 2.30%, which if violated and sustained, will trigger downside continuation signals that project to 2.10% optimally, and possibly to 2.00% prior to the next upmove (in yield).
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Tuesday, April 04, 2017
Gold Price 2017 - Jim Rickards and I Are on the Same Page / Commodities / Gold and Silver Stocks 2017
By: The_Gold_Report
Risks to the global economy was the main topic of the conversation between precious metals expert Jim Rickards and Lior Gantz, editor of Wealth Research Group.
On the 28th of March, I sat down for an interview with New York Times Best-Selling Author James Rickards, and we mainly discussed risks to the global economy.
Tuesday, April 04, 2017
Revolutionize School Education Globally with ‘Dynamic School Knowledge Banks’ / Politics / Education
By: Dr_R_M_Mathew
Out of millions of students enrolled in thousands of schools every year globally, a few thousand students alone are lucky to have the best schools and best teachers and the others are spoiled without the required Skills, Expertise, Knowledge and Motivation though spend a lot of money, efforts and time . No school is rich enough to engage the Master Teachers and Great Scholars for each and every lesson taught in the classrooms. Half of the children do not have any access to schools and teachers worldwide. If we follow the conventional mode of education, it may take at least one hundred years to establish schools for all children in the world. Read full article... Read full article...
Tuesday, April 04, 2017
Watch Gold And Silver Prices In April 2017 / Commodities / Gold and Silver 2017
By: InvestingHaven
Gold and silver prices were neutral last month. During the first two weeks of March, gold and silver retraced only to recover in the last two weeks of the month. Right now, both gold and silver are trading at the same levels as a month ago.
In February and March, particularly gold went through a very important series of tests. Gold prices stood strong last month when the $1200 area was tested. That is when we came out and adviced to closely what gold’s major bear market test. The price of gold was only 8 pct away from a bull market.
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Tuesday, April 04, 2017
Amazon is a Destroyer of Jobs and the Merchant Economy / Companies / Amazon
By: BATR
If this is progress, just how much more can our economy afford? The myth of cheap prices, conveniently seldom factors in the structural costs to society. Building an all inclusive monopoly based upon minimal employees and predatory prices ignores the long anti-trust history that helped create the middle class. The last fifty years has demonstrated the systemic retreat from family prosperity, which has produced a vast disproportionate of wealth among the fewer haves and the growing have-nots. The enormous accumulation of market share that Amazon has steamrolled under the hypnosis of ease in selection of products, placing orders, timely deliveries, and most of all; cheapest pricing has caused the demise of much of traditional retail commerce.
Tuesday, April 04, 2017
Stock Market High 3rd April 2017 / Stock-Markets / Stock Market 2017
By: Ed_Carlson
The Hybrid Lindsay model is forecasting a high on or near today, 4/3/17. Traditional cycle analysis is also pointing to a high today and no low until the second half of the month.
Point E on 4/5/06 of a descending middle section counts 2,008 days to the low of the basic cycle on 10/4/11. 2,008 days later is 4/3/17.
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Tuesday, April 04, 2017
Gold Danger Zone – Price Decline / Commodities / Gold and Silver 2017
By: Bob_Loukas
As the days and weeks continue to pass, gold is struggling to show us anything close to the strength seen during the 2016 rally. And the more gold continues to perform in a lackluster manner, the more I begin to consider that 2016 strength as a bear market counter-rally. If that were true, it would mean the action since the 2016 top is a continuation of the bear market that started in 2011!
Of course, gold has yet to fail in such a fashion, so there is still enough evidence to support the bear market ended over a year ago. And if the equity markets are near the top of an eight year bull market, then we could expect gold to outperform (inversely correlated) in the coming years. With the equity markets at fairly extreme levels, forecasting longer term, across varying asset classes, is difficult to do. Therefore, for the time being it is best we appreciate just how difficult and extreme the current landscape, rather than trying to force any one specific viewpoint dogmatically.
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Tuesday, April 04, 2017
The US Auto Industry is About to Drive Off a Cliff - Again! / Companies / US Auto's
By: Gordon_T_Long
In the fall of 2015 we released a video study entitled: "The Coming Global Auto Abyss - Too Much Supply, Too Many Brands; Combine with Too Much Credit!". We concluded that low interest rate monetary policy for the auto industry was like handing crack cocaine to a drug addict. The auto industry would rapidly and irresponsibly abuse it, to such an extent that it would once again 'spin out' and careen back to what can only be termed the Washington 'substance abuse center'. Whether mis-management or clever strategy we are unfortunately being proven right and are now witnessing the reality.
Tuesday, April 04, 2017
The Fake US Economic Recovery May Be Ending / Economics / US Economy
By: Chris_Vermeulen
The “real” Atlanta Fed’s reading of Q1 GDP went off a cliff to less than 1%:
No one has the slightest idea of what is happening as insane levels of debt distort the model’s which economists use to forecast the future economic trends. From here on out, there will be unpleasant surprises all the way around. According to shadow stats, the GDP is in contraction at the rate of -2%.
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Monday, April 03, 2017
Trump's Reflation Trade is Deflating / Economics / US Economy
By: Michael_Pento
The election of the 45th President brought with it great enthusiasm for the U.S. economy to break out of its eight-year growth malaise and to provide it with a huge adrenaline shot of inflation. But the optimism behind Trump's economic agenda took a serious blow with the inability of House Republicans to even get a vote on repealing and replacing Obamacare.
Monday, April 03, 2017
How to Beat Inflation by Fixing your Mortgage for Five Years / Housing-Market / Mortgages
By: MoneyFacts
With inflation starting to bite and the cost of everyday goods rising, now may be the time to think about fixing bills so they do not increase for the foreseeable future. Fixing your mortgage now, particularly for five years’ time, can inflation-proof at least part of your monthly outgoings. And with Moneyfacts.co.uk research showing that the average five-year fixed rate mortgage at 75% loan-to-value (LTV) has fallen by 0.32% in just one year, now might be the perfect time to grab a long-term fixed rate deal.
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Monday, April 03, 2017
5 Industries That Blockchain Will Likely Disrupt / Companies / BlockChain
By: David_Galland
Today, around 80% of banks are developing their own blockchain technology.
In September 2016, Barclays carried out the world’s first trade transaction using blockchain. They cut a process that normally takes 7–10 days down to less than four hours.
IBM is working with the government of Dubai to develop smart contracts that can facilitate all trade that passes through its port. This is huge, given $344 billion worth of goods passed through the port in 2016. Dubai’s government said it plans to shift all transactions to blockchain by 2020.
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Monday, April 03, 2017
Why US Commercial Real Estate Is the Next ‘’Big Short’’ / Housing-Market / US Housing
By: STRATFOR
A small but growing group of hedge funds are positioning themselves to profit from the collapse of the real estate market. Sounds like 2007, right? It’s actually happening right now.
But this time, hedge funds (along with Deutsche Bank and Morgan Stanley) aren’t targeting subprime mortgages—they’re going after commercial real estate.
It’s no secret retailers and malls have been struggling for years, but it looks like the perfect storm is set to hit them in 2017.
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Monday, April 03, 2017
Tadawul All Share Index (TASI) Overall Bullish Characteristics Remain / Stock-Markets / Emerging Markets
By: MarketsToday
Following a breakout from a relatively large Double Bottom trend reversal pattern in late-November (breakout above 6,875.69) of last year the Tadawul All Share Index (TASI) pulled back and has been consolidating around support near the top of the Double Bottom and the 200-day exponential moving average (ema).
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Monday, April 03, 2017
Gold and Silver Market Weekly Update / Commodities / Gold and Silver 2017
By: The_Gold_Report
Technical analyst Jack Chan charts the latest moves in the gold and silver markets.
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Monday, April 03, 2017
Gold and Silver Warning Signs / Commodities / Gold and Silver 2017
By: Jordan_Roy_Byrne
Precious metals closed the first quarter with solid gains. Gold gained almost 9% while Silver gained 14%. The miners (GDX and GDXJ) gained the same amounts (9% and 14%) but unlike the metals which closed at their highs of the quarter, ended up losing more than half their gains. Despite a strong quarter, the entire complex remains below the February highs and 200-day moving average (ex Silver) just days after the US Dollar index rebounded strongly from its own 200-day moving average. As the second quarter begins, the warning signs for precious metals are mounting.
Monday, April 03, 2017
Duterte Under Fire, Philippines 'The Punisher' Takes a Beating / Politics / Asian Economies
By: STRATFOR
Forecast
- Challenges to Philippine President Rodrigo Duterte's hold on power, whether in the form of an impeachment or a coup, are unlikely to gain momentum while he remains broadly popular.
- But China's unrelenting attempts to extend its maritime boundaries will complicate its detente with the Philippines and undermine Duterte's political support at home.
- Meanwhile, the president's contentious domestic agenda will test the mettle of his ruling coalition.