Monday, March 27, 2017
Stock Market Catalyst for Chaos / Stock-Markets / Stock Market 2017
Up until very recently, stocks had been humming along without so much as a minor speedbump and volatility was becoming a distant memory. However, it now seems prudent to once again remind investors that this extremely overvalued market is headed for an epic crash. The Cassandras, myself included, have been wrong about this warning for what seems like a long time. Nevertheless, much like those who warned of a housing bubble a few years before the bottom completely fell out, reality is destined to slam into the current triumvirate of asset bubbles, and those sounding the alarm will be proven correct again.
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Monday, March 27, 2017
Top Ten US Dollar Risks / Currencies / US Dollar
The USDollar has never been in greater danger for losing its dominant position as global reserve currency and payment standard. Challenges to its supremacy are many and with each passing month, more threats are put in place. While the volumes of trade payment in Chinese RMB grow slowly, and the banking reserves in non-USD bonds grow slowly, the risk for the USDollar to be marginalized has increased significantly in the last two to three years. Basically speaking, a fiat currency run by a corrupt, thieving, and dishonorable hegemonic regime for the sole purpose of exploiting the rest of the world cannot stand the test of time, and will be dismantled. The community of nations gathers momentum and organization with producing an alternative. It has taken time, and will require more time. The scenario is indeed possible of a dual universe has been raised, whereby the West continues under the USD-based system, and the East emerges under a new RMB-based system. However, the Eastern alternative is step by step to emerge with a gold foundation. The USDollar cannot compete with Gold in any way except through continued fraud, intimidation, extortion, and open war. All these topics at high level and ground level are covered with analysis in the Hat Trick Letter.
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Monday, March 27, 2017
The Popularity of Gambling and Investing Amongst Students / Personal_Finance / Gambling
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Monday, March 27, 2017
Gold, Silver Rise 2.5% and 3.2% As ‘Trump Trade’ Fades / Commodities / Gold and Silver 2017
Gold and silver jumped another 1% overnight in Asia, building on the respective 1.5% and 2.2% gains seen last week. The ‘Trump trade’ is fading, impacting stock markets and risk off has returned to global markets with the Nikkei, S&P 500 futures and European stocks weakening.
The precious metals had their second consecutive week of gains last week. Gold rose 1.5% and silver 2% while platinum rose 0.5% and palladium surged 4.8%. Today, gold has risen from $1,247.90 to a one month high of $1,259 per ounce and silver from $17.74 to $17.92 per ounce.
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Monday, March 27, 2017
Is Political Betting on the Rise? / Personal_Finance / Gambling
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Monday, March 27, 2017
US Stock Market Consolidation Time / Stock-Markets / Stock Market 2017
In the Wednesday Report the title read, What Type of Investor are You? My main focus was to show some intermediate to long term buy and sell signals based on the 21 month simple moving average and the MACD-Histogram. Tonight I would to take it one step further and look at the Chartology for some of the big stock market indexes which shows the intermediate to longer term perspective. There is one dominate chart pattern that has built out a consolidation pattern for the 2015 to 2016 correction.
Lets start by looking at a 4 year weekly chart for the $SPX which shows the dominate H&S consolidation pattern that was needed to consolidate the last rally phase. It could have been any number of different consolidation patterns, but this time it was the H&S consolidation pattern. Back in December of last year the SPX broke out above its neckline and has rallied strongly without much of a correction. Four weeks ago the SPX hit a high of 2401 and has been going nowhere which is suggesting the first real correction may be at hand since the rally out of the November elections low.
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Monday, March 27, 2017
Russia Crisis - Maps That Signal Growing Instability and Unrest / Politics / Russia
About one year from now, on March 18, 2018, Russia will hold a presidential election. This will take place against the backdrop of an economic crisis that will continue to plague the country in the coming year.
Russia's biggest challenges will be internal, and the countryside will show more signs of crisis.
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Monday, March 27, 2017
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Monday, March 27, 2017
This Map Explains The Roots Of France’s Growing Nationalism / Politics / France
What does it mean to be French? Inherent in this question is a fundamental tension within French nationalism that is unique to France.
Originally, France consisted of diverse regions with their own languages, resources, and way of life. Take a look at the map below.
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Monday, March 27, 2017
Short Term Stock Market Bottom Close / Stock-Markets / Stock Market 2017
Last week, I was looking for weakness not to exceed 4%. The drop was closer to 1.7%. A positive divergence is occurring on the 1 and 2 hour charts, which should lead to a bounce soon. There is fib support around 2329/30. Already, Sunday night, SPX futures are down 14 points. An attempt to rally into month's end looks likely, perhaps to near 2365 SPX and the dropping 20 day moving average.
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Monday, March 27, 2017
Foundation – Fall Of The American Galactic Empire / Politics / Social Issues
“The fall of Empire, gentlemen, is a massive thing, however, and not easily fought. It is dictated by a rising bureaucracy, a receding initiative, a freezing of caste, a damming of curiosity—a hundred other factors. It has been going on, as I have said, for centuries, and it is too majestic and massive a movement to stop.” – Isaac Asimov, Foundation
“Any fool can tell a crisis when it arrives. The real service to the state is to detect it in embryo.” – Isaac Asimov, Foundation
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Monday, March 27, 2017
Stock Market More Correction Ahead / Stock-Markets / Stock Market 2017
Current Position of the Market
SPX Long-term trend: Uptrend continues.
SPX Intermediate trend: The correction from 2400 continues,
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, March 27, 2017
US Dollar Inflection Point / Currencies / US Dollar
This is the first of several updates this weekend and I thought I would start with the USD.
This update has four Charts on the USD starting with longer term charts and then moving in for a close up view on the current price action. My first chart is a long term 20 year weekly chart that shows the USD's breakout above the downtrend line from it's last top in 2001. This chart also shows the current uptrend channel out of the 2008 Low (Green and Orange lines).
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Sunday, March 26, 2017
Gold and Silver Weekly Update / Commodities / Gold and Silver 2017
Technical analyst Jack Chan charts the latest moves in the gold and silver markets, noting a tug-of-war between support and resistance.
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Sunday, March 26, 2017
Major Supply Shortage: Critical Minerals Igniting Cobalt Bull Market Mania / Commodities / Metals & Mining
Collapsing oil prices are only the beginning as fossil fuels are turning into a historic relic, says Kenneth Ameduri, chief editor of Crush the Street. He discusses two commodities whose demand he expects to skyrocket as the world shifts to cleaner energy.
Elon Musk is at the forefront of this movement with his innovations that are turning fossil fuels into a historic relic. Some say oil's true price per barrel with the "supply glut" that exists and the innovations in the battery space is $20 per barrel.
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Sunday, March 26, 2017
What Obamacare's Failure Means for America / Politics / Healthcare Sector
The first legislative setback of the Trump Administration is being celebrated by many, but not by middle class taxpayers and business owners. A Republican-led Congress last week failed to generate the consensus required to overturn key provisions of the Affordable Care Act (ACA). In a frank admission of defeat, House Speaker Paul Ryan declared that Obamacare would remain "the law of the land."
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Sunday, March 26, 2017
China’s Rise in Global Robotics: Toward Consolidation / Economics / Robotics
Chinese robotics is positioned for leadership in global robotics, as the emerging industry is moving toward increasing rivalry and consolidation.In the new and emerging industry, the rise of innovative robotics startups heralds the future. In 2016, almost 130 companies were funded by venture capital, including China-based RooBo, Israeli Roboteam, and German ReActive Robotics. While the most valuable deals involved unmanned aerial systems companies (read: drones), they were followed by agricultural robotics, service robots for businesses and personal use.
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Saturday, March 25, 2017
Stocks Have Partied Hard Since Election Night… Now Comes the Hangover / Stock-Markets / Stock Market 2017
The market is now on very thin ice.
Yesterday worked off some of the “oversold” status for stocks, but we are in extremely dangerous territory today.
The S&P 500 has taken out critical support (red line) as well as the bull market trending running back to early November (blue line).
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Saturday, March 25, 2017
Political Week Presurres US Stock Market / Stock-Markets / Stock Market 2017
The market started the week at SPX 2378. After a pullback to SPX 2370 on Monday, the market gapped up to 2382 on Tuesday. But that was immediately sold off and the market hit SPX 2336 by Wednesday. Thursday the market rebounded to SPX 2359, then on Friday the market retested 2336 and ended the week at 2344. For the week the SPX/DOW lost 1.45%, and the NDX/NAZ lost 1.00%. Economic reports were mixed on the week. On the downtick: existing homes sales, the WLEI, plus weekly jobless claims rose. On the uptick: new home sales, durable goods orders, and the Q1 GDP estimate. Next week’s highlights: Q4 GDP, the Chicago PMI, the PCE and a speech from FED Chair Yellen. Best to your weekend and week!
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Saturday, March 25, 2017
Technicals for Gold Mining Stocks Remain Weak / Commodities / Gold and Silver Stocks 2017
Last week we wrote that precious metals should see upside follow through but to be wary of the 200-day moving averages and February highs before becoming excited. The metals did follow through as Gold gained 1.5% and Silver gained 1.9% (for the week) but the miners disappointed. GDX gained only 1.1% while GDXJ finished in the red as did junior silver companies (SILJ). As spring beckons, the gold stocks are showing relative and internal weakness.
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