Tuesday, September 27, 2016
Financial Markets and FX Setups 27th Sept / Stock-Markets / Financial Markets 2016
Joy Mesh writes: The analysis for markets and various inter connected price action which will allow our clients to be better placed. Major markets around the globe sold off yesterday. The source of the anxiety may have been the presidential debate. S&P 500 plunged at the open and, after a puny bounce, sold off to a narrow mid-afternoon trading range. The yield on the 10-year note closed at 1.59%, down three basis points from the previous close. Here is a snapshot of past five sessions in the S&P 500.
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Tuesday, September 27, 2016
Crude Oil, Forex and Stock Market Trend Forecasts / Stock-Markets / Financial Markets 2016
We are forecasting a drop in the commodities complex over the next few months with the possibility of some important lows at the start of next year. WTI now appears to be forming a top, it would appear as though the dead cat bounce that has lasted throughout this year is running out of steam and we should see the push for lower lows over the next couple of months.
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Tuesday, September 27, 2016
Warren Buffett Is the Latest Billionaire To Jump Ship From The Markets / Stock-Markets / Financial Markets 2016
Right now the market is perceived to be so dangerous that it’s even chased the most fearless value investors to the sidelines.
Just this evening, in the Presidential debate, Trump warned that the stock market was a bubble “about to pop”.
Now, the bearish billionaire circle has grown even wider with the addition of Warren Buffett.
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Tuesday, September 27, 2016
Forex Trading: ECB Policy Could Weigh on Euro / Currencies / Forex Trading
easyMarkets writes: When the European Central Bank (ECB) held its monetary policy meeting on September 8th , it left all policy rates unchanged. The main refinancing interest rate, the marginal lending facility rate and the main deposit interest rate were kept steady at the current levels of 0.00%, 0.25%, and negative 0.40%, respectively. This will likely have a long-term impact on forex traders that have exposure in the EUR/USD as it ultimately indicates lower price valuations in the weeks and months ahead.
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Tuesday, September 27, 2016
Why There is Trump / ElectionOracle / US Presidential Election 2016
It’s over! The entire model our societies have been based on for at least as long as we ourselves have lived, is over! That’s why there’s Trump.
There is no growth. There hasn’t been any real growth for years. All there is left are empty hollow sunshiny S&P stock market numbers propped up with ultra cheap debt and buybacks, and employment figures that hide untold millions hiding from the labor force. And most of all there’s debt, public as well as private, that has served to keep an illusion of growth alive and now increasingly no longer can.
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Tuesday, September 27, 2016
Deutsche Bank News Hits Stock Market.... / Stock-Markets / Stock Markets 2016
Angela Merkel, the leader of the financial world in Germany, told Deutsche Bank that they're on their own should things spiral out of control for them. The bank has been having trouble and when someone has trouble the world expects the usual reply, which is have no worries, we'll do whatever it takes to protect you. This time Merkel said you're on you're own.
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Tuesday, September 27, 2016
Save Up to 70% in Shopping Expenses for Daily Items / Personal_Finance / Shopping
We have a series of tips to help you save money on purchases every day:
1) Buy Cheaper in Factories
Factory outlets can help you save a lot of money because the consumer can buy directly from the manufacturer without having to go through an intermediary (such as a traditional store, for example).
Tuesday, September 27, 2016
Hillary Wins, Trump Loses 1st Presidential Election Debate Confirmed by Betting Markets / ElectionOracle / US Presidential Election 2016
In my opinion Donald Trump clearly lost the debate, he literally came across at times as a spoilt brat, even as a cartoon figure whilst Hillary mostly came across as the responsible adult. So it looks like just as I warned was possible that Donald Trump could end up losing the election by failing to stick to a script, instead letting his mouth run rabid. He clearly just cannot control himself for more than a few minutes, and with 2 more debates to go means Hillary definitely has a fighting chance so this election certainly remains a close race right upto election night.
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Monday, September 26, 2016
Trump Betting Odds Narrow Going into 1st Presidential Debate Suggesting Trump Win / ElectionOracle / US Presidential Election 2016
The 1st of 3 presidential debates will be held in a few hours time going into which Hillary leads across a wide spectrum of indicators from polling, political pundits, electoral college forecasters such as Nate Silver who give Hillary a 60% probability of winning the election, and of course the bookmakers who have Hillary Clinton as the clear favourite with Donald Trump as a 2-1 outsider.
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Monday, September 26, 2016
What Blows Up First, Deutsche Bank? / Companies / Credit Crisis 2016
Calling Wall Street’s banks stupid and dangerous is like calling the sun “big and warm.” It’s a clear understatement of an obvious fact. The same goes for calling Japan and China economically clueless. Their actions pretty much guarantee that they’ll ultimately enter some sort of death spiral.
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Monday, September 26, 2016
Gold’s Moving Averages and Long-Term Outlook / Commodities / Gold and Silver 2016
Gold moved about $30 last week and many investors view this fact as a bullish sign and indication that much higher gold prices are likely to follow. Is this really the case? Let’s take a look at the gold charts (charts courtesy of http://stockcharts.com):
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Monday, September 26, 2016
September Stock Market - The Not So Silent Demise of Deutsche Bank / Stock-Markets / Stock Markets 2016
Since May 2007 Deutsche Bank’s share has dropped from 175 US Dollars to 12 US Dollars (approx.) as we speak. Suddenly “the wires” are going viral with updates on the catastrophic state of the bank’s balance sheet. Here is what Kenny Polcari, of Morning Thought Blog” had to say today:
Deutsche Bank is leading the banks and banking indexes lower - as they dropped to a record low amid concerns that mounting legal bills associated with the sub-prime mortgage crisis, commodity (precious metals) trading and large money transfers out of Russia are all complicating the drama and may force the German lender to raise capital. The stock fell by 7% - bringing ytd losses to 53%.
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Monday, September 26, 2016
Here’s Why Trump Needs More Than the Popular Vote to Win This Election / ElectionOracle / US Presidential Election 2016
By David Galland, Garret/Galland Research : While driving around Burlington, Vermont, I noticed something. Actually, I noticed something missing. There were zero bumper stickers in support of Hillary.
I didn’t see a single lawn sign either.
It’s quite a contrast. In the last two elections, the displays for Obama were everywhere.
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Monday, September 26, 2016
SPX sell signal confirmed / Stock-Markets / Stock Markets 2016
Short-term support is now broken and the Cycle Bottom support at Head & Shoulders neckline are likely to be in play. SPX is on a confirmed sell signal. Today’s action may match that of September 9. Be on the lookout for a break of the neckline near 2130.00.
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Monday, September 26, 2016
Donald Trump’s Electoral Struggle / ElectionOracle / US Presidential Election 2016
After touting her pro-labor union record, the Wicked Witch of Chappaqua rhetorically asked, “why am I not 50 points ahead?” Her chief rival bluntly responded: “because you’re terrible.”* No truer words have been uttered by any of the candidates about one of their opponents since the start of this extraordinary presidential campaign!
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Monday, September 26, 2016
SPX is testing the next level of support / Stock-Markets / Stock Markets 2016
The SPX Premarket is challenging its Short-term support at 2156.02 and may open beneath it after closing beneath its 50-day Moving Average on Friday.
ZeroHedge reports, “While today's biggest event for both markets and politics will be tonight's highly anticipated first presidential debate between Trump and Hillary, markets are waking up to some early turmoil in both Asia and Europe, with declines in banks and energy producers dragging down stock-markets around the world, pushing investors to once again seek the safety of government bonds (and yes, flattening the JGB curve even more much to the chagrin of the BOJ) and the yen.”
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Monday, September 26, 2016
Outrageously Entertaining US Presidential Campaign Final Stages - What Happens Next? / ElectionOracle / US Presidential Election 2016
As this vitriolic, unpredictable, outrageously entertaining presidential campaign enters its final stages I find myself pondering what happens next. I was reminded of the last scene in the 1972 movie, The Candidate. The movie is about a young untested non-politician candidate for U.S. Senator in California who puts his fate in the hands of a veteran political operative and overcomes a double digit polling deficit to win a huge upset victory. His entire focus during the campaign was to win. In the final scene of the movie he is standing among the celebrating campaign staffers and the fawning press corp. with a befuddled look on his face. He grabs his political consultant campaign manager and pulls him into a room. As the press break into the room he asks, “What do we do now?” The question goes unanswered and the movie ends.
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Monday, September 26, 2016
Wells Fargo or the Federal Reserve: Who's the Bigger Fraud? / Interest-Rates / Banksters
The Wells Fargo bank account scandal took center stage in the news last week and in all likelihood will continue to make headlines for many weeks to come. What Wells Fargo employees did in opening bank accounts without customers' authorization was obviously wrong, but in true Washington fashion the scandal is being used to deflect attention away from larger, more enduring, and more important scandals.
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Monday, September 26, 2016
BoJ, FOMC and Where To Now? / Interest-Rates / Central Banks
The Bank of Japan gave us a glimpse as to just how far down the rabbit hole we may have to follow global policy makers as we try to make sense of ever more complex and shall we say, innovative ‘tools’ being used in the effort to engineer individual economies and asset markets within the global financial system. BoJ announced it would conduct “JGB purchase operations” in order to “prevent the yield curve from deviating substantially from the current levels”.
The market initially interpreted this to mean BoJ stood in support of a rising yield curve, which would for example, help the banks (ref. MTU and SMFG, which exploded higher off of the support levels we had projected), but by the end of the week the Japanese Yield Curve had eased substantially and there seemed to be confusion about what the policy’s intent, or would-be effects, actually were. I wonder if the BoJ even fully knows what it is doing now. Lots of moving parts in a complex system.
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Monday, September 26, 2016
Stock Market New Downtrend Or Just Downward Correction Before Another Leg Higher? / Stock-Markets / Stock Markets 2016
Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,210, and profit target at 2,050, S&P 500 index).
Our intraday outlook is bearish, and our short-term outlook is bearish. Our medium-term outlook is neutral, following S&P 500 index breakout above last year's all-time high:
Intraday outlook (next 24 hours): bearish
Short-term outlook (next 1-2 weeks): bearish
Medium-term outlook (next 1-3 months): neutral
Long-term outlook (next year): neutral