Tuesday, October 18, 2016
Stock Market 20/50 Cross Down...20/50 Headache....Big Earnings On Tap... / Stock-Markets / Stock Markets 2016
By: Jack_Steiman
When one studies the market it's important to study moving average crosses on all time frames, but particularly the daily charts. If you were to study the S&P 500 daily chart you would see the 20-day exponential moving average has crossed down below the 50-day exponential moving average. It's by a hair, but for now a cross. When the 20's at below the 50's that can often mean the market will struggle for appreciable upside action. It can also mean downside action can accelerate. It's never easy to tell when the cross is so minor, such as it is now. The reason for wondering about it now though is easy. The cross up took place in early March. We're now in mid-October. Over seven months above with the action mostly on the positive side of the ledger.
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Monday, October 17, 2016
This Past Week in Gold and Silver / Commodities / Gold and Silver 2016
By: The_Gold_Report
Technical analyst Jack Chan charts the latest moves in gold and silver markets, noting COT data is showing signs of a bottom.
Monday, October 17, 2016
A Falling Stock Market Cannot Be Allowed - Financial Repression Is Now “In-Play”! / Stock-Markets / Financial Markets 2016
By: Gordon_T_Long
A FALLING MARKET CANNOT BE ALLOWED – at any cost!
The Central Bankers have clearly painted themselves into a corner as a result of their self-inflicted, extended period of “cheap money”. Their policies have fostered malinvestment , excessive leverage and a speculative casino approach to investments. Investors forced to take on excess risk for yield and scalp speculative investment returns, must operate in an unstable financial environment ripe for a major correction. A correction because of the high degree of market correlation that likely would be instantaneously contagious across all global financial markets.
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Monday, October 17, 2016
Stock Market Bubble Has Run Out of Excuses and Time / Stock-Markets / Liquidity Bubble
By: Michael_Pento
It is finally going to be a make or break earnings season for stocks. This is because the justification for record high stock prices that have been perched atop extremely stretched valuation metrics has been the following false assumptions: the hope that the Federal Reserve will not resume its interest rate hiking cycle, the U.S. dollar stops rising, the price of oil enters a sustainable bull market and long-term interest rates continue to fall.
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Monday, October 17, 2016
December Might Be the Next Buying Opportunity in Gold / Commodities / Gold and Silver 2016
By: John_Mauldin
By Jake Weber, Garret/Galland Research
There’s no doubt gold has had a good run in 2016. Its recent selloff has caused it to give up most of its post-Brexit gain. Still, the yellow metal is up nearly 20% on the year. And a new buying opportunity may be on the horizon.
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Monday, October 17, 2016
Commodities, Forex and Stock Market Trend Forecasts / Stock-Markets / Financial Markets 2016
By: Ken_Ticehurst
We should now begin to see a drop in WTI over the next couple of months and in to 2017. So far the last few weeks have been as forecast and the next down phase we have been modelling for months is now due.
Monday, October 17, 2016
Stock Market Crash..or No Crash? / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
Martin Armstrong writes, “Apparently, there are a lot of people calling for a crash in the stock market as usual claiming it looks just like 1987. Sorry, there is nothing of that magnitude showing up at this time. We did elect one Weekly Bearish Reversal back at 18368. However, the main bank of support lies at 17710 followed by 17330. Only a weekly closing below 17330 would hint of a more serious correction.”
I agree that this market does not look like 1987. Trying to make a parallel between this market and another period is usually futile.
However, he points out to PAY ATTENTION to a break of the September 14 low at 17992.21….as I do, as well. This would warn of a drop to a lower level of support.
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Monday, October 17, 2016
UK Savings Trends Treasury Report – product numbers fall to record low / Personal_Finance / Savings Accounts
By: MoneyFacts
Moneyfacts UK Savings Trends Treasury Report data, yet to be published, highlights that the total number of savings products has fallen to an all-time low, with a staggering 274 savings products withdrawn from the market since January.
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Monday, October 17, 2016
A perspective on risk rally – Risks abound but Stock Market is Confident / Stock-Markets / Stock Markets 2016
By: John_Mesh
Three of the major indexes posted gains and five posted losses. China's Shanghai Composite was the top performer, up 1.97% following the previous week of market closure celebrating Chinese National Day. Hong Kong's Hang Seng was the biggest loser, down 2.59%. The average of the eight was a modestly negative -0.26%. The tables below provide a concise overview of performance comparisons over the past four weeks for these eight major indexes. We've also included the average for each week so that we can evaluate the performance of a specific index relative to the overall mean and better understand weekly volatility. The colors for each index name help us visualize the comparative performance over time.
Monday, October 17, 2016
Iceland Today, the US Tomorrow? / Politics / US Politics
By: Dr_Ron_Paul
During the 2008 economic crisis, Iceland's government froze offshore accounts held by foreign investors in that country's currency, the krona. Recently, the government of Iceland announced it would unfreeze the accounts if the account holders paid a voluntary "departure tax," which could be as high as 58 percent. Investors who choose not to pay the departure tax would have their investment "segregated" into special funds that only invest in CDs issued by Iceland's central bank. These CDs are expected to only provide a rate of return of at most 0.5 percent a year. So investors in offshore accounts can thus choose between having their money directly seized via the departure tax or indirectly seized via the inflation tax.
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Monday, October 17, 2016
Bank of England Blames Brexit for Sterling Drop Inflation, Masks QE Money Printing Cause / Economics / Inflation
By: Nadeem_Walayat
The Bank of England's master monetary magician Mark Carney appeared on stage this week presenting his latest magic trick one of blaming the 16% drop in sterling on Brexit on all those who voted for it, and then warning of the inevitable future inflation consequences as the price of imports look to soar. After all the establishment elite remain determined to subvert the will of the British people be they bankers or 80% of the members of the establishment MP's that illustrates that democracy is to to all intents and purposes an illusion.
Monday, October 17, 2016
Danger, Will Robinson, Stock Market Crash Dead Ahead! / Stock-Markets / Stock Market Crash
By: Brad_Gudgeon
When I mean crash, I mean about an 11-14% stock market panic in a few days. The astro is there, the e-wave is there and so are the cycles and chart formation (plus some technical information like the MACD daily below the zero line).I’ve been talking about a Rising Wedge building for a while now. I also talked about the expected False Break, which we just had on Thursday when the S&P 500 went down to the 2114 level and then bounced. It pierced the bottom of the daily Bollinger Bands and closed back above them. Now we must go back into the wedge itself before turning back down in expected waterfall action in the coming waning days of October. The SPX will likely be up nicely on Tuesday with some follow through into Wednesday in most indexes. I look for either a bearish evening star pattern or bearish Harami to form on the 19th.
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Monday, October 17, 2016
From Piety to Pride to Pity, America's Racial Divide / Politics / Social Issues
By: Stephen_Merrill
As a boy growing up in northern Iowa in the early 60’s, I truly sympathized with the plight of Negro people in the United States. As an altar boy, I knew from Catholic teachings that all men are created equal.
The violence of white racism in other parts of the nation was plain for Americans to see on their home television screens. The injustice of Jim Crow laws was disturbing and outrageous. The brave nonviolent marches of the time seeking racial justice were inspiring to me. I was appalled and angered by the murder of three civil rights workers in Mississippi and then by the assassination of Martin Luther King.
Monday, October 17, 2016
Gold Prices Set For Further Losses Amid Rising Rate Hike Likelihood / Commodities / Gold and Silver 2016
By: AnyOption
After briefly crossing back below the critical $1250 per troy ounce level again on Friday, gold are once again poised to experience an extended period of losses on the back of rate hike speculation. Even though Wall Street was not pleased by the latest jobs figures reported earlier in the month, expectations are for inflation to continue trending higher, adding to the case for the Federal Reserve to raise rates in December. While there are still significant developments that could derail the possibility between now and November, namely another slowdown in US fundamentals, the external risk factors that emerged over the summer have since tapered. The US dollar continues to reflect this sentiment, increasing the probability of tighter monetary policy and improving opportunities in fixed income investments, reducing the value of holding gold as a hedge.
Sunday, October 16, 2016
Is Obama Juicing US Government Spending To Get Hillary Clinton Elected? / ElectionOracle / US Presidential Election 2016
By: James_Quinn
During the last year of his reign of error, our beloved Nobel Peace Prize winner, Obama ran out of government accounting gimmicks to falsely proclaim Federal deficits have been falling. His legacy of debt accumulation will go down in history as the last dying gasps of a crumbling empire built upon Keynesian delusions, political corruption, and a Deep State establishment hellbent upon retaining power at the cost of global war and financial collapse.
Sunday, October 16, 2016
Seek Your Independence: Anything Else Will Destroy You / Politics / Social Issues
By: Jeff_Berwick
Many people think The Dollar Vigilante is a fear mongering, pessimistic blog.
If you only read our headlines, then I can see how you would feel that way. But things are getting so bad that all we are doing is acknowledging the current state of affairs. The truth hurts.
After we began to analyze Shemitah and then Jubilee timelines, we became even more pessimistic because it was clear that even the deepest economic and military disasters were planned in advance.
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Sunday, October 16, 2016
SNL - US Presidential Debates, 1st, 2nd, VP - Like You've Never Seen them Before! / ElectionOracle / US Presidential Election 2016
By: Videos
Saturday Night Life have excelled themselves in achieving the impossible, of achieving satire that beats the real life Hillary and Trump comedy show which has seen literally anything spout of out Donald Trumps uncontrollable mouth, and that's BEFORE P USSY GATE! So here is SNL's take on the 2nd Presidential Town Hall Debate and as Trump would say "Are you not entertained"
Sunday, October 16, 2016
The Prodigal Son or the Machiavellian Villain: The American Presidential Election / ElectionOracle / US Presidential Election 2016
By: Dr_R_M_Mathew
Though the American Presidential election is purely an internal affair of its citizens, it has a wider impacts on the Global Peace and Development, the fates of several nations, peoples, the very survival of the Muslim world, the spread of Islamic Terrorism and aggravating Refugee Crisis and above all the growing roles of Russia and China in global politics, especially in the Middle East. Consequently, everybody is interested in the American Presidential Election and concerned about the final outcome.
Sunday, October 16, 2016
More Good News For Gold Bugs: The Bottom Is Getting Closer / Commodities / Gold and Silver 2016
By: John_Rubino
In the latest gold and silver commitment of traders (COT) report (click here for an explanation of what this report involves), paper players made big strides in bringing the market back into balance — and setting the stage for an eventual rebound.
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Sunday, October 16, 2016
End of Economic Growth Sparks Wide Discontent / Economics / Economic Theory
By: Raul_I_Meijer
Former British diplomat and MI6 ‘ranking figure’ Alastair Crooke quotes my September 26 article “Why There is Trump” so extensively in this article for Consortium News that I thought I might as well post the whole thing here at the Automatic Earth too. The other sources he also quotes -John Gray, Stephen Hadley among them- help to put my points in a solid perspective, which is nice to see. I can only hope that this will open more people’s eyes to the fact that in the end of growth and centralization, we are witnessing the “most important global development in decades.”