Wednesday, March 22, 2017
Trump Added $3 Trillion in Wealth to Stock Market Participants / Stock-Markets / Stock Market 2017
By: Chris_Vermeulen
The “talking heads” in the media are saying that the markets are “not supposed to be this high”. Analyst are just now raising their targets for the SPX for the rest of 2017. My long-term target, as of now, is 2550 and possibly even higher. It is now heading into a corrective wave pattern before beginning its’ next new impulsive wave UP.
Wednesday, March 22, 2017
What's Next for the US Dollar, Gold and Stocks? / Stock-Markets / Financial Markets 2017
By: Axel_Merk
Two rate hikes since last year have weakened the dollar. Why is that, and what's ahead for dollar, currencies & gold? And while we are at it, we'll chime in on what may be in store for the stock market...
Wednesday, March 22, 2017
MSM Bond Market Full Nonsense Mode as ‘Trump Trades’ Unwind on Schedule / Interest-Rates / US Bonds
By: Gary_Tanashian
I’ve been watching the herds to try to determine just when the interest rate topic among the best and brightest (as chosen by the media) would start to pivot from ‘rising rates!’ hysterics that have been locked and loaded in the public psyche since the US election to a sort of ‘rut roh, maybe we got played again… ‘ realization that Rome – and a Great America – are not built in a day.
Wednesday, March 22, 2017
Peak Gold – Biggest Gold Story Not Being Reported / Commodities / Gold and Silver 2017
By: GoldCore
– Peak gold – Biggest gold story not being reported
– Gold ‘Mining Zombie Apocalypse’ caused miners to slash exploration budgets
– Decline in gold production at world’s top 10 gold mining companies – Byron King
– “No new big mines being built in the world today” – Glencore CEO Glasenberg
Wednesday, March 22, 2017
Return of Sovereign France, Europe’s Changing Landscape / Politics / France
By: Dan_Steinbock
In France, President Hollande’s utter failure to foster broad consensus for structural reforms has paved the way for a contested election. While public debate focuses on Emmanuel Macron as the savior of France, the real story is that Marine Le Pen's agenda has shifted the French political landscape. Before TV debates, the French presidential election featured 3-4 viable candidates, which together accounted for 85-90 percent of the total vote. Until recently, the leader of the Front National, Marine Le Pen, and the centrist Emmanuel Macron, have garnered about 25 percent in the polls, followed by the center-right François Fillon (20%), and the socialist Benoît Hamon (15%).
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Wednesday, March 22, 2017
G20 Dilemma: Falling Trade, Soaring Stock Market, Looming Contraction / Stock-Markets / Global Stock Markets
By: Dan_Steinbock
There is a deep chasm between America’s historical rebuff of G20 efforts, which seek to re-ignite trade, and markets, which remain at record heights. This rift is untenable.Historically, Baden-Baden’s spas are famous for their healing waters, which have healed ancient Romans’ arthritic aches, Prussian queens’ rheumatism and European aristocrats’ paralyses. Nevertheless, the G20 Summit is fresh evidence that even Baden-Baden cannot do miracles.
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Wednesday, March 22, 2017
Stocks & Shares ISAs Delivering Strongest Performance Since 2009/10 Tax Year / Personal_Finance / ISA's
By: MoneyFacts
- The average stocks & shares ISA fund has grown by 15.8% during the 2016/17 tax year so far, the highest return since the 2009/10 tax year.
- This compares with an average cash ISA rate of 1.01% over the same period.
- The average stocks & shares ISA has delivered positive growth in eleven of the 18 tax years since the introduction of ISAs in 1999.
Wednesday, March 22, 2017
Trump Stocks Bull Market Rolling Over? You Were Warned! / Stock-Markets / Stock Market 2017
By: Nadeem_Walayat
The stock market has been on a tear since Donald Trump surprised nearly everyone by winning the November 2016 US Presidential election, including the markets. Since which time the Dow has gone from a November low of 17,883 to an early March high of 21,200. That's a near 19% bull run in just 4 months! During which time America's Alt-Reality thin skinned President has often stepped forward to claim success for the stocks bull market rally under his Presidency.
Wednesday, March 22, 2017
An OPEC Oil Deal Extension Isn’t As Simple As It Sounds / Commodities / Crude Oil
By: OilPrice_Com
It’s been six months now that oil prices have been reacting to OPEC, first to the possibility of an agreement, and then to the production cut deal itself, forged by OPEC to rebalance the market. The deal--initially aired as ‘an agreement to agree on a deal’ in September and signed at the end of November—will likely impact the market for at least the next six months.
Wednesday, March 22, 2017
In Japan, Russia and China Find Common Ground / Politics / GeoPolitics
By: STRATFOR
For the first time in three years, Russia and Japan have revived an avenue of negotiation that had stalled in the face of enduring tension between the two nations. Foreign and defense ministers from both countries met in Tokyo on Monday to hold 2+2 talks on security issues in the Asia-Pacific region. As expected, Japan took the opportunity to question Russia's recent attempts to bolster its defenses on the southern Kuril Islands, to which Tokyo has long laid claim. Russia fired back with its own objections to Japan's desire to build up its ballistic missile defenses as North Korea pushes ahead with its nuclear program.
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Wednesday, March 22, 2017
Stock Market Charts That Scream “This Is It” - Here’s What to Do / Stock-Markets / Stock Market 2017
By: David_Galland
By Stephen McBride: The S&P 500 and DJIA haven’t seen a 1% drop since October 2016. For some perspective, Hillary Clinton was the presidential frontrunner the last time markets fell 1%. This is the longest such streak for both indices in over 20 years.
In February, the DJIA recorded its longest “winning streak” since 1987. It closed 2,000 points above its 200-day moving average for the first time ever.
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Wednesday, March 22, 2017
Raising the Minimum Wage Is a Jobs Killing Move / Economics / Employment
By: David_Galland
By Stephen McBride: In January, 19 US states raised their respective minimum wages. Washington was among the most generous, hiking by $1.53 (bringing it to $11 per hour). Arizona got an increase of $1.95—their “bottom rung” now sits at $10 per hour.
In all, 4.3 million workers are slated to receive a hike as they earn less than the new minimum wage in their respective states. Well, that’s what’s meant to happen. Judging by the fallout from recent hikes, it seems things aren’t going according to plan.
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Wednesday, March 22, 2017
Potential Bottoming Patterns in Gold and Silver Precious Metals Stocks Complex... / Commodities / Gold and Silver Stocks 2017
By: Rambus_Chartology
There is a combo chart for the PM complex I've been following, on the short term 10 month daily look, which shows a potential H&S bottom forming. I put a neckline symmetry line on the charts to get a feel for where the low for the right shoulder may form. Some are fairly parallel to the neckline like GLD, SLV and the HUI with GDXJ and SIL being the most unparalleled. The CDNX is showing the most weakness as it probably has to do with some of the small cap energy companies.
Tuesday, March 21, 2017
UK Stagflation, Soaring Inflation CPI 2.3%, RPI 3.2%, Real 4.4% / Economics / Inflation
By: Nadeem_Walayat
The implications of sterling's sharp drop in the wake of the Brexit vote were inflationary resulting in an an increase the price of imports and therefore has been exerting upwards pressure on shop prices as suppliers restock at the worse exchange rate that already depressed retailers such as the big supermarkets had delayed fully implementing that is likely to result in a crisis for the retail sector during 2017 that literally faces a perfect storm, that could even result in a Woolworth's moment...
Tuesday, March 21, 2017
Aggressive Stock Market Sell Signals / Stock-Markets / Stock Market 2017
By: Anthony_Cherniawski
SPX has now violated the neckline. This gives us our sell signal in SPX. Confirmation may come with the violation of the Broadening Wedge trendline at 2345.00.
Tuesday, March 21, 2017
The Demise of the Gold and Silver Bull Run is Greatly Exaggerated / Commodities / Gold and Silver Stocks 2017
By: Peter_Degraaf
A few analysts are once again beating the drums for much lower gold and silver prices - supposedly just around the corner. They mistake the testing of a recent breakout for a turnaround in the main trend. In the process they are sowing confusion. Here are some charts that show the main trend, along with reasons why the price of gold and silver is on track for a sharp rise, thanks to bullish fundamentals.
Tuesday, March 21, 2017
SPX turns at the half-Cycle interval / Stock-Markets / Stock Market 2017
By: Anthony_Cherniawski
This morning’s action may add credence to a 43-hour decline from the 2390.01 top and the probable Master Cycle low on Friday morning, as discussed this morning. The SPX turned exactly at the 21.5 hour interval. Wave [iii] may be underway.
There is no signal from the VIX or the Hi-Lo. They will likely be in place as SPX declines through the neckline.
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Tuesday, March 21, 2017
USD Decline Continues, Pull SPX Down as well? / Currencies / US Dollar
By: Anthony_Cherniawski
Good Morning!
USD futures are still on the move as the dollar declined to a low of 99.59 this morning. We are still looking for the expected master Cycle low, but it is late in coming.
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Tuesday, March 21, 2017
Biotech’s had Especially Good Day on Mixed Stock Market Session / Stock-Markets / Stock Market 2017
By: Harry_Boxer
The stock market indices started off the day with a little bit of a dip, with lower futures, and then exploded, testing the Nasdaq 100 all-time highs, but could not get through the 5427 area. The S&P 500 rallied sharply as well, but only did 50% of its drop from Friday afternoon, and then both indices rolled over sharply, reaching the Thursday’s lows on the Nasdaq 100 and the gap low on the S&P 500. Late in the day, they rallied, but in the last few minutes backed off again to close mixed on the day.
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Tuesday, March 21, 2017
How to Protect Yourself from the Looming Pension Crisis / Commodities / Gold and Silver 2017
By: John_Mauldin
Stephen McBride : Having jumped from one job to another early in life… and with those jobs being across many continents, I haven’t really given much thought to my pension. Looking at the numbers, it seems I’m not the only one. Over 50% of Americans aged 25–34 have no retirement savings. Then again, given the current state of the pension system, it may be a prudent move.
A 2015 from the National Association of State Retirement Administrators estimated that public pension funds are around $1 trillion in the red—but the problem gets worse.
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