Thursday, January 19, 2017
Stock Market Trading Patience Pays Off with CHK Using Momentum Reversals / Stock-Markets / Stock Index Trading
One of the key tenants of my Momentum Reversal trading is “waiting for the right trigger/event and getting in early”. I find this is one of the most difficult aspects for most clients to understand and master. Therefore, in an attempt to further illustrate some components of my thinking and strategy, I have put together these examples to try to help people understand these techniques.
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Thursday, January 19, 2017
Gold - How to "Buy Low and Sell High" Like a Pro / Commodities / Gold and Silver 2017
Learn about one group of investors who ACTUALLY know how to time the markets
There's an old saying on Wall Street that goes "buy low and sell high."
It's usually said in jest because it's a feat that's much easier said than done. History shows that most investors pile into bull markets just as they are about to end, and they do the opposite in bear markets: sell right near the bottom, when the fear is at its highest.
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Thursday, January 19, 2017
State of the Global Stock, Financial and Commodity Markets Report 2017 / Stock-Markets / Financial Markets 2017
Greetings,
Major markets around the world -- stocks, bonds, currencies and more -- are poised for major moves in 2017, and our friends at Elliott Wave International have created a new report to get you ready for them.
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Wednesday, January 18, 2017
Gold – 38% Fib Reached / Commodities / Gold and Silver 2017
Gold has tagged the 38% Fibonacci retracement of the previous intermediate cycle. This is the most likely spot for gold to drop into a half cycle low if it’s going to produce one. Dips are buying opportunities in the advancing phase of an intermediate cycle.
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Wednesday, January 18, 2017
Donald & the US Dollar / Politics / US Dollar
John Connally, President Nixon’s Secretary of the Treasury, once remarked to the consternation of Europe’s financial elites over America’s inflationary monetary policy, that the dollar “is our currency, but your problem.” Times have certainly changed and it now appears that the dollar has become an American problem.
In a recent interview with the Wall Street Journal, the soon to be 45th President of the United States believes that the greenback’s strength – up some 25% against a broad basket of currencies since 2014 – is now “too strong,” “killing us,” and has hurt companies trying to compete overseas.* A top Trump economics advisor, Anthony Scaramucci, reinforced his boss’ sentiment adding that “we must be careful of a rising dollar.”
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Wednesday, January 18, 2017
Gold Up 5.5% YTD – Hard Brexit Cometh and Trump Wants Weaker Dollar / Commodities / Gold and Silver 2017
GOLD PRICES UP 5.5% YTD – CONCERNS OF “CALAMITOUS SELF-HARM” TO EU FROM BREXIT AND TRUMP DOLLAR COMMENTS SUPPORT GOLD
Gold prices extended their run of gains to a seventh session and added another $12 to $1,215 an ounce yesterday. Gold prices have consolidated on those gains today and are now up 5.5% in dollar and sterling terms and 5% in euro terms year to date.
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Wednesday, January 18, 2017
The Hunt for Russia's Next Enemy / Politics / Russia
By Ksenia Semenova : Alexander III, the conservative Russian emperor who ruled from 1881 to 1894, once famously remarked to his ministers that Russia has only two allies: its army and its navy. "The others," he said, "will go against us at the first opportunity."
Russian President Vladimir Putin recalled these words in a 2015 speech, adding that he quite agreed with them. At the time, Putin held every card he needed to point to the West and proclaim that the world stood against Russia, leaving it with only its forces for protection. But as the incoming administration of U.S. President-elect Donald Trump moves to embrace Russia and question the West's assumptions about NATO — just as the Europeans have begun to look for warmer ties to the east — Russia's diplomatic environment has started to change. And one thing Putin certainly understands, as Alexander III did, is the Russian government's need for an external enemy. This raises the question: In the new strategic environment that is emerging, who will that enemy be?
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Wednesday, January 18, 2017
Gold, Silver and Bitcoin Soar As Trump’s Comments Cause US Dollar To Plummet / Currencies / US Dollar
We have stated that Donald Trump would be the cause of a barrage of news and market movements.
He’s not even President yet and it has already begun.
In a Friday interview with The Wall Street Journal, Trump said the US dollar, which touched a more-than 14-year high about two weeks ago, has gotten “too strong,” against the Chinese yuan. He told the WSJ, “Our companies can’t compete with them now because our currency is too strong. And it’s killing us.”
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Wednesday, January 18, 2017
Trump’s “Great Game”: Playing Russia Against China? / Politics / GeoPolitics
Trump has pledged to reset the White House policies on “America First” basis. In Asia, it may mean an effort to balance with Russia against China – the reverse of US China approach in the 1970s.
After inauguration, Donald Trump will move from Trump Plaza in mid-Manhattan to White House in Washington, where he will enjoy extraordinary execution power. Today, Republicans will control the White House, the Senate and the House of Representatives.
Wednesday, January 18, 2017
How To Read Trump / Politics / US Politics
As President, Trump has pledged to reset the White House policies on “America First” basis. But will he deliver?
Around the world, there is great apprehension and much speculation about potential Trump scenarios. Nevertheless, not everything that is possible will happen, even with Trump in the White House.
Wednesday, January 18, 2017
Long USD... Another Crowded Trade / Currencies / US Dollar
I just sent out a reference from ZeroHedge on the unusual number of VIX shorts there are. In other words, a very crowded trade.
That reminded me that an even more crowded trade is the USD longs.
ZeroHedge had this to say, “Until last night's Trump statement that the US dollar is overvalued, it was smooth sailing for Wall Street's momentum chasers, who happily piled into what until recently was Wall Street's most crowded trade. How crowded?
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Wednesday, January 18, 2017
Returning Gold Bulls / Commodities / Gold and Silver 2017
Back in December, I noted that there was not a Gold bull to be found (See post: Not a Gold Bull in Sight) and that the Gold Cycle was on the verge of a significant Cycle turn. Fast forward a month, and 20 days of this Daily Cycle (DC), gold is up almost $100 and has again caught the attention of gold bulls.
Since the Cycle turn, this has been a rather interesting first Daily Cycle in gold. Mostly because the rally over the first twenty days has been fairly constant, with the half Cycle Low noticeably absent. Moreover, the move has not seen a surge based on a typical rush to cover short positions normally seen around the turn of any Investor Cycle.
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Wednesday, January 18, 2017
Biotech Breakthrough Could Create A $11.4 Trillion Opportunity / Companies / BioTech
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Tuesday, January 17, 2017
Bitcoin and Gold - Outlook, Volatility and Safe Haven Diversification / Commodities / Gold and Silver 2017
– Recent performance of Bitcoin and Gold
– Price outlook
– Bitcoin, China and capital flight
– Exchanges of value?
– Can bitcoin rival gold as a safe haven?
– ‘Bitcoin vs Gold’ or ‘bitcoin and gold’?
– Importance of diversification
– Conclusion: A monetary and financial revolution?
Tuesday, January 17, 2017
The Top 5 Places To Work In U.S. Oil And Gas / Commodities / Oil Companies
Anadarko Petroleum and Chevron have emerged as the top two employers in U.S. oil and gas, according to a survey conducted by the job site Indeed. The top five for the industry was completed by Plains All American at #3, Occidental Petroleum at #4, and Noble Energy at #5.
Indeed said that it ranked companies based on a number of factors but generally speaking, the better the site visitor ratings and reviews a company had, the higher it ranked on the “Best Places to Work” list.
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Tuesday, January 17, 2017
OPEC Oil Deal Already Showing Signs of Stress / Commodities / Crude Oil
Even though Saudi Arabia was quick to proclaim a victory at the outset of the year after reducing its own oil production to levels agreed upon in Vienna, there are numerous threats to the outlook for crude prices. Despite claims that the move to reduce OPEC output will be enough to drain the approximate 300 million barrels in global oversupply within six months, a move by the Cartel and non-OPEC members to ramp up production afterwards could beckon the resurgence of global oversupply.Read full article... Read full article...
Tuesday, January 17, 2017
Rising UK Inflation Means it’s Still a Dreadful time to be a Saver / Personal_Finance / Savings Accounts
Data from Moneyfacts.co.uk can reveal that rate reductions in the savings market have now outweighed rate rises for 15 consecutive months.
In December, Moneyfacts recorded 21 savings rate rises. Disappointingly, rate reductions over the same period outshone this figure, with the number of rate decreases standing at 84 – which translates to four cuts to every rate rise – and some deals falling by as much as 0.60%, much higher than the current Bank of England Base Rate of 0.25%.
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Tuesday, January 17, 2017
Rally in Gold and Gold Stocks Has More Upside / Commodities / Gold and Silver 2017
Gold and Gold stocks have rallied as expected and the consolidation in the miners in recent days looks bullish. GDX and GDXJ have digested the recent recovery quite well as Gold is testing resistance around $1200/oz. While the price action portends to more gains so does the breadth in the miners as well as short-term structure in the US$ index and bond yields.
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Tuesday, January 17, 2017
Stock Market Uptrend on Borrowed Time / Stock-Markets / Stock Market 2017
Current Position of the Market
SPX Long-term trend: If the market strength persists, the long-term trend may need to be re-evaluated.
SPX Intermediate trend: SPX intermediate P&F count to 2300 is still possible before a reversal occurs.
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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Tuesday, January 17, 2017
The One Stock to Retire On / Companies / Healthcare Sector
Dear Reader,
A little-known biotech company is about to answer the biggest medical question of our time:
Am I going to have a stroke?
And you’ll get an answer in about 40 seconds.
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