Saturday, November 26, 2016

Stock Market Missing Piece of the Puzzle Now in Place / Stock-Markets / Stock Markets 2016

By: Anthony_Cherniawski

As SPX went above 2208.42 I had to ask myself, “What have I missed?”

As I observed the Wave structure, there was an anomaly. The bounce to 2171.36 had the form of an a-b-c. Either it was the beginning of an Ending Diagonal or part of another formation that I had missed.

Saturday, November 26, 2016

MSM's Stock Market Druck'n Suck-In Continues / Stock-Markets / Stock Markets 2016

By: Gary_Tanashian

Disclosure (which I feel, given the post's content, should be reiterated):  I am not short even a single equity of any kind. I am only long selected stocks and cash at this time, but surely subject to a change of status in the future.

Why, did you know that in a note to clients Tom Lee wrote that Donald Trump's term could usher in major bull market akin to those preceded by Ike and Reagan?  He did, in a note to clients and the MSM really wants you to know about it!  Now, there is a case that eventually his favored areas of Energy, Mining, Basic Materials, etc. will out perform. But that word "eventually" is an important one, unless you are a died in the wool trickle downer willing to ride the big correction or bear market that is likely first.

Saturday, November 26, 2016

What Does Trump Mean for Gold Investments? / Commodities / Gold and Silver Stocks 2016

By: The_Gold_Report

The market reaction to Trump's election victory—stocks and the dollar up, gold down—was the opposite of what had been widely foreseen. Money manager Adrian Day takes a look into what happened and why, and discusses the outlook going forward.

At the core of the market reaction are interest rates. Bonds declined sharply on the Trump victory. They had already been falling for the last several months, and the growing conviction of a rate increase in December stepped up the decline. Trump, with his grandiose spending and debt plans, only exacerbated that decline.

Saturday, November 26, 2016

Gold Price Down 13.5% In 13 Days - Opportunity For Geometric Price Cost Averaging / Commodities / Gold and Silver 2016

By: GoldCore

• Gold down 13% in 13 trading days since Trump election
• Factors that have led to lower gold prices
• Trump bearish for gold in coming four years?
• ‘Trumpflation’ cometh
• Sharia gold – vaulted gold accessible to 110 million new investors
• What to do? Diversify and geometric price cost average

Saturday, November 26, 2016

Tips for Trading Options with Elliott Waves / InvestorEducation / Elliott Wave Theory

By: EWI

EWI Senior Tutorial Instructor talks about the benefits of applying Elliott waves to options trading

In this new interview, Wayne Gorman, the head of our Educational Resources Department, offers tips and strategies for options traders.

[Editor's note: The text version of this interview is below.]

Saturday, November 26, 2016

What Investors Can Learn from Gold Yen Price? / Commodities / Gold and Silver 2016

By: Arkadiusz_Sieron

Our Market Overview would be incomplete without remarks about gold priced in the Japanese yen. Chart 1 shows nominal gold prices denominated both in the U.S. dollar and the Japanese currency, while Chart 2 plots the indices of gold prices in these two currencies.

Chart 1: The price of gold in U.S. dollars (yellow line, right axis) and in Japanese yen (red line, left axis) from January 1979 to September 2016.

Saturday, November 26, 2016

Germany Pulls the Plug on Market Oracle site for 24 hours, German Election BrExit GerExit Warning Shot? / Politics / Internet

By: Nadeem_Walayat

The Market Oracle site is hosted on its own dedicated server in Nuremberg Germany, which so far has proved highly reliable with ample capacity of more than ten times normal server load to cope with any occasional traffic spikes that tend bring other sites down to a crawl or even offline. So we were surprised to see our site effectively go dead around 1.40pm Friday.

So for the first couple of hours we tried the usual checks, all failed as we had no access to the server at all, it was though the plug had been pulled.Here's a video uploaded 14 hours into the shutdown of what was happening at the time.

Friday, November 25, 2016

Santa Trump's Stock Market Rally Continues to New All Time Highs / Stock-Markets / Stock Markets 2016

By: Nadeem_Walayat

It definitely looks like Christmas has come early this year as the Trump Santa rally has seen the Dow blast through 19k, closing at another all time high of 19,083.18. A Rally that NO ONE SAW COMING! Definitely not the mainstream media propaganda machine!

None of this was supposed to happen! It was all supposed to be IMPOSSIBLE! As the horsemen of the mainstream media apocalypse repeatedly warned if the unthinkable actually happened and Trump won then that would be the END, FINANCIAL ARMAGEDDON, a consensus view which was regurgitated at length right across the BlogosFear. Taken as FACT that a Trump win would immediately convert into a stock and financial markets bloodbath!

Friday, November 25, 2016

The New Trade Future In Asia Pacific / Stock-Markets / Financial Markets 2016

By: Dan_Steinbock

Right after the Asian-Pacific nations embraced the dream of free trade in the regional Peru Summit, President-elect Trump buried it.
Last weekend, Asia-Pacific Economic Cooperation (APEC) summit made it clear that it would move forward with trade pacts; with or without the US.

Right after the Lima summit, President-elect Donald Trump unveiled his plans for the first 100 days in office, which focus on campaign promises that will not require congressional approval. Among his first actions, Trump said he would "issue our notification of intent to withdraw from the Transpacific Partnership" and replace it with negotiating "fair bilateral trade deals."

Thursday, November 24, 2016

New NS&I 2.2% Savings Bond Ahead of 2017 Stealth Inflation Theft of Purchasing Power / Personal_Finance / Savings Accounts

By: Nadeem_Walayat

With my forecast for CPI inflation expected to accelerate to over 3% per annum during 2017 and RPI perhaps nudging above 4%. The chancellor Philip Hammond in his first and last Autumn statement took the time to announce a 3 year fixed rate NS&I savings bond paying 2.2% available to all over age 16 from spring 2017. Yes 'currently' with RPI at 2%, 2.2% whilst not great sounds reasonable given the desert like landscape of today's savings market. But by the time it actually goes live and becomes available to UK savers, the now near decade long trend of the stealth theft of the purchasing power of peoples earnings and savings will continue which this propaganda bond will not provide any protection against, especially since its capped at just £3k!

Thursday, November 24, 2016

Establishment Controlled Mainstream Media Launches War on Alternative 'Fake' News / Politics / Mainstream Media

By: Jeff_Berwick

It’s mainstream versus alternative media.

A list of “fake news” has been circulating that includes such prominent conservative and libertarian sources as Zero Hedge, Breitbart, The Blaze, Red State, the Daily Wire, Project Veritas, WND, and Infowars among many others.

These sources are not “fake” however. You can find a lot of truth on them. On the other hand, former GOP presidential candidate Ron Paul recently circulated a list of mainstream reporters who evidently colluded with the Clintons and were named by WikiLeaks for doing so.

Thursday, November 24, 2016

Black Friday Cheap Christmas Lights, How Long do they Last ? B&M Stores Review Video / ConsumerWatch / Shopping

By: Anika_Walayat

It's Black Friday tomorrow when shoppers will be focused on stocking up with perceived bargains for the Christmas holiday season ahead, and at the top of many lists will be new sets of christmas lights. So here is our timely review of just how reliable a set of cheap outdoor Christmas lights tend to be, how long do they actually last? As illustrated by a set set bought from the discount retailer B&M Store, comprising 80 multi-coloured LED bulbs. Find out of what use one can expect over the first and second christmas from similar cheap christmas lights.

Thursday, November 24, 2016

The Gold Bears Are in For a Massive Surprise / Commodities / Gold and Silver 2016

By: Graham_Summers

If you’re serious about making money from investing in the financial markets, you need to be able to read the crowd… and go against it.

Let me give you an example… Currently one of the consensus views is that the Gold rally is over and gold is dead as an investment.

Right off the bat, you know this sentiment is at an extreme. Despite its recent sell-off, Gold is still crushing stocks in terms of performance year to date.

Thursday, November 24, 2016

The War on Cash is Not Over… It’s About to Intensify / Stock-Markets / War on Cash

By: Graham_Summers

The Trump Presidency has distracted from the next major move to be implemented by Financial Elite.

That move is a cash ban.

Cash, particularly physical cash (as in bills and coins) is a huge problem for insolvent banks.

Thursday, November 24, 2016

War On Cash Goes Global – India and Citibank In Australia / Interest-Rates / War on Cash

By: GoldCore

• War On Cash Goes Global – India, Australia and Citibank
• India shock cancellation of nation’s two highest-denomination notes
• India effectively invalidates & removes 86% of cash from circulation
• India sees “runs on banks” & severe financial difficulties
• Citi to makes all Australian branches cashless
• Australian pilot programme restricts 80% of payments on card
• UBS proposes Australia eliminates $100 and $50 bills
• What can we do about this?
• Conclusion

Thursday, November 24, 2016

Stock Market Indices Close at the Highs for the Day / Stock-Markets / Stock Markets 2016

By: Jeff_Berwick

The stock market indices had an interesting day on Wednesday, closing with blue chips to the upside at new all-time highs. Nasdaq 100 had a difficult day, down nearly 20 points, but they came back off the lows substantially, especially the Direxion Daily S&P Biotech Bull 3X ETF (LABU), rallying late in the day and finishing positive, having reversed seven points off the lows.

The day started out with big gaps down, they made lower lows on the Nasdaq 100, but when the S&P 500 did not confirm, it made a higher low, and then they rallied. The S&P 500 had a 5-wave rally into the close to finish at the high for the day.

Thursday, November 24, 2016

Breaking News - Spain Launches War on Cash / Politics / War on Cash

By: Jeff_Berwick

India, Uruguay, Australia and now Spain. The Minister of Finance and Public Service, Cristóbal Montoro has reportedly just announced “anticipated measures in order to ‘reduce the use of cash.’

In other words, Spain is going to make cash transactions even more difficult. As of presstime, from what we can tell, this has yet to be reported anywhere in English media except here now at TDV.

Thursday, November 24, 2016

Stocks, the Politically-Driven S.O.D. to Lose Again / Stock-Markets / Stock Markets 2016

By: Gary_Tanashian

You know who they are; they are the ones who denied and denied the ginned up bull market in US stocks that nearly tripled under the socialist regime, circa 2009-2016.  They are the ones who clung to gold well past the caution point last summer.  They are (yes, it’s another snappy buzz phrase to either entertain, bore or annoy you… ) the S.O.D., AKA the Sons of Druckenmiller, AKA politically biased and newly activated market participants.  Reference…

Thursday, November 24, 2016

A little perspective on the post-election Gold market / Commodities / Gold and Silver 2016

By: Michael_J_Kosares

Most of gold’s downside is geared not to the financial decisions of millions of investors around the globe, as the mainstream media would have you believe, but rather to linear computer algorithms geared to the dollar index.  The trading part of the software has been told to automatically place trades at certain correlated price levels and that is why we get these waterfall drops.  The rocket launch trajectories to the upside come when the trading function is told to buy and cover the previous shorts.

Thursday, November 24, 2016

Another US Election Year, Another Bunch Of Fake Economic Growth Numbers / Economics / Economic Statistics

By: John_Rubino

Some pretty good economic reports have energized various parts of the financial markets lately. Consumer spending is up, GDP is exceeding expectations and even factory orders, that perennial downer, popped this morning.

In response the dollar is soaring and interest rates are at breaking out of their multi-decade down-channel. The economy is clearly recovering, implying a return to normality. Right?