Thursday, September 22, 2016
Spectacularly Higher Day as NDX Makes New 15-Year Highs / Stock-Markets / Stock Markets 2016
By: Harry_Boxer
The stock market had a very volatile session today. First they gapped up and ran to resistance, rolled over hard to test support, and after the FOMC, bounced, and then exploded. They then pulled back sharply and held, and then went ballistic in the last couple hours, then went vertical at that point, going from 4810 Nasdaq 100, all the way up to 4859, a 49 run up. The S&P 500 went from 2144 to 2165, and closed not far off the highs.
Net on the day, the Dow was up 163.74 at 18,293.70, 14 points off the high. The S&P 500 was up 23.36 at 2163.12, just 2 points off its high. The Nasdaq 100 had a strong day, up 48.53 at 4853.75, 5 points off its high.
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Thursday, September 22, 2016
Gutless Fed Bails On A Rate Hike Yet Again.... / Interest-Rates / US Interest Rates
By: Jack_Steiman
Fed Yellen is gutless and very transparent. She does the same nonsense over and over. She talks about the need to normalize rates and tells us that things are improving economically. We all know that she's not telling the truth and we all know by now that she's a phony. She never had any intention of raising rates, and found the usual excuses she knows will be there for her. Poor numbers as the year moves along on the economic front. She smiled from ear-to-ear when manufacturing stunk. She smiled more when services nosedived, and celebrated when retail sales were a major disappointment. Three beautiful excuses not to raise rates in September.
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Thursday, September 22, 2016
Federal Reserve, US Interest Rates - America Needs A Brain / Interest-Rates / US Federal Reserve Bank
By: Barry_M_Ferguson
Like the scarecrow in the ‘Wizard of Oz’, America needs a brain. Otherwise, it will never get out of the corn field.
The Federal Reserve Bank met today and again left interest rates and the fed funds rate as is. No change. But, they said a rate increase before the year is out is still a very real possibility. Ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha!!!!!! These mendacious meddlers of monetary policy are hilarious. Stan Fisher has lost all credibility since he was so adamant a few weeks ago about rate increases. Janet Yellen? A complete joke. The Fed apparently uses the same ‘red line’ that obama uses. Threats and nothing more. They don’t have the guts and they sure don’t have the intellect to know what to do. Of course, we all know if the Fed really wanted to help they would follow the advice of Jim Rodgers. They should all resign immediately and terminate the Fed bank. But that ain’t going to happen.
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Wednesday, September 21, 2016
The Fed Chickens Out / Stock-Markets / Financial Markets 2016
By: Anthony_Cherniawski
SPX made a marginal new high this afternoon as the Fed “chickened out” on its rate decision.. This is one of the sloppiest Ending Diagonals I’ve seen in a while, but that appears to be the best fit. Wave [v] appears to be complete, so those who have stepped aside may re-engage their short positions.
Wednesday, September 21, 2016
Italy Is the EU’s Weakest Link / Politics / European Union
By: John_Mauldin
BY GEORGE FRIEDMAN : German Chancellor Angela Merkel, French President François Hollande, and Italian Prime Minister Matteo Renzi met Aug. 22 on an Italian aircraft carrier. They said they were meeting to talk about European policy after Brexit. The real discussion was about Italy’s economy and the steps needed to revive it.
Wednesday, September 21, 2016
Wells Fargo Scandal Shows Next Bank Crisis Coming / Companies / Banksters
By: John_Mauldin
BY PATRICK WATSON : There’s never just one cockroach. If you see one in the open, you know many more are still hiding. Call the exterminator.
This time-honored rule also applies to banks. Last week, we learned that Wells Fargo (WFC), ostensibly the most trustworthy of the too-big-to-fail institutions, is not trustworthy at all.
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Wednesday, September 21, 2016
Putin’s Ukraine Strategy Could Lay the Groundwork for War / Politics / Russia
By: John_Mauldin
BY GEORGE FRIEDMAN : Tensions between Russia and Ukraine are growing. According to the Russians, a special operations team from Ukraine attacked Crimea in August. The Ukrainians denied the claim. The Russians appeared to be moving forces around in Crimea and increasing their number and posture.
There have been reports of Russian troop buildups east of their border with Ukraine. There is also an unconfirmed report of Russian troops deploying in pro-Russian, rebel-held territory inside Ukraine. The Russians have done nothing to tamp down tensions.
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Wednesday, September 21, 2016
TwinLakes Theme Park Summer Super 6 FREE Return Entry for Real? / Personal_Finance / Theme Parks
By: Sami_Walayat
Find out if upto 4 people really can easily gain FREE return entry to the TwinLakes theme park situated near the city of Nottingham via the easy to achieve Summer Super 6 challenge cards and thus save between £40 to £60 on what one would have paid for entry as we return to the Theme park with the promised FREE entry during a September weekend cards. So if you have a Twinlakes super 6 card then you still have time to capitalise upon it!
Wednesday, September 21, 2016
Ignore the Fed, Something MASSIVE is Brewing in Europe’s Banks / Companies / Credit Crisis 2016
By: Graham_Summers
The Bank of Japan failed to announce any new policy initiatives today. The reasons are financial and political.
From a financial perspective, the Bank of Japan is well aware that its current tools cannot and will not generate sustained GDP growth. Bank of Japan head Haruhiko Kuroda implicitly admitted back in January that regardless of what he does, Japan has “potential growth rate of 0.5% or lower.”
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Wednesday, September 21, 2016
Three Charts Every Stock Market Investor Needs to See Now / Stock-Markets / Stock Markets 2016
By: Graham_Summers
The markets are in waiting mode as the Bank of Japan and Federal Reserve meet this week.
However, smarter markets than stocks are already adjusting to a weak global economy. Oil, which lead the S&P 500 to the upside from the February bottom is now rolling over sharply.
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Wednesday, September 21, 2016
The Fed Has Set Us Up for a Massive 50% Stock Market Collapse / Stock-Markets / Financial Crash
By: Graham_Summers
The Fed is running a virtual repeat of 1937.
The common narrative is that the Fed “didn’t do enough” during the Great Depression. This is used to justify the Fed’s use of non-stop extraordinary monetary policy post-2008.
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Wednesday, September 21, 2016
Stock Market VIX / Stock-Markets / Volatility
By: Marty_Chenard
The current VIX Index (Volatility Index) chart is posted below going back to 2015.
Please note the following: The long term trend has been down with each successive peak being lower. (A lower VIX correlates with a higher stock market and a higher VIX with a lower stock market.)
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Wednesday, September 21, 2016
Has the Silver Bullet Run Out of Fire Power? / Currencies / Gold and Silver 2016
By: Nicholas_Kitonyi
Commodity prices and especially those of precious metals have been impressive this year. The price of Gold and that of Silver have rallied significantly since the start of the year and the current indicators seem to point towards a continuous rally for the rest of 2016, albeit at a slower rate.
Wednesday, September 21, 2016
Impact of Interest Rate Cut Pushes Buy-to-Let Mortage Deals Down / Housing-Market / Buy to Let
By: MoneyFacts
Potential Buy-to-Let (BTL) investors are continuing to enjoy a fall in mortgage rates, particularly those looking for a longer-term fixed rates. In fact, research from Moneyfacts.co.uk shows that not only have these deals fallen to all-time lows, the average fixed rate at 75% loan-to-value (LTV) has fallen by 0.49% in just six months and is the first time this rate has fallen below 4.00%.
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Wednesday, September 21, 2016
Frack Sand: The Unsung Hero Of The OPEC Oil War / Commodities / Fracking
By: OilPrice_Com
The late-2014, Saudi-initiated oil-price war may have taken the ‘boom’ out of the US shale industry as it seriously threatened OPEC market share, but Saudi victory has been elusive: US shale has proven amazingly resilient. The industry has adapted quickly to the new playing field, and the unsung hero of a new uptick in drilling and investment isn’t just true grit—it’s sand.
The Saudi victory is equally dulled by the fact that it was not a decline in US shale production that rebalanced supply and demand; rather, it was chaos in Libya, militant attacks in Nigeria, massive fires in Canada and the destabilization of OPEC’s own Venezuela.
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Wednesday, September 21, 2016
Stock Market Cycle Dates have been Modified / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
After researching the Leading Diagonal [Wave (1)], I have concluded that it may not be considered corrective at all. That means the September 9 decline may have been the start of Wave (3).
More importantly, a closer examination of the Cycles Model strongly suggests that Wave (3) may have begun on September 9. The Brexit low appeared to be important, but it was not an Elliott Wave (4), as many would believe. It did not even register on the Hi-Lo Index. As a result, I cannot label it as an important Cyclical low, although its is an important part of the Orthodox Broadening Top.
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Wednesday, September 21, 2016
Imagin, a Better Way to Detect Bladder Cancer / Companies / BioTech
By: TLSReport
Bob Moriarty profiles Imagin Medical, a company that has developed a new way of detecting bladder cancer through endoscopes.
The most common cancers in the U.S. are hardly the most expensive to treat. More Americans come down with breast cancer and lung cancer than any other types of cancer. The worst cancer from a perspective of expense turns out to be bladder cancer that is only the 6th most prevalent form of disease.
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Wednesday, September 21, 2016
What’s Happening With Gold? / Commodities / Gold and Silver 2016
By: Bob_Loukas
Robert Alexander writes: GOLD WEEKLY : Using cycle timing, we should be close to a low for GOLD, but I am expecting an ICL. An ICL is a quick sharp sell off into a low, and then a move higher. It shakes out the bulls. I have pointed out Prior ICL’s on the chart below, and you can see that they come roughly 4-5 months apart lately. We are 4 months from the ICL at the end of May, and I have been calling for a Deep Meaningful Trade-able LOW at the end of September / early October for several weeks.
Tuesday, September 20, 2016
Gold Fever / Commodities / Gold and Silver 2016
By: Ed_Carlson
Gold Fever – as in "illness". Gold's bear market has been slow to get started. Rather it has played out as a consolidation since last June. But gold is now testing important support and despite bullish seasonality in September, we expect a breakdown in the metal to be forthcoming.
Gold fell $24.30/oz. last week and closed at $1,305.80 on the 89-dma and the December bull trendline. Resistance is at 1,365 (38.2% retracement of the 2011 bear market) and support is near 1,295.
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Tuesday, September 20, 2016
London Housing Market Bubble 2016, London Bridge Comes Falling Down… / Housing-Market / UK Housing
By: Harry_Dent
I just got back from a seminar in London. I spoke there late last year for Graham Rowan, who heads the Elite Investor Club. This time, my promoters in Australia, Greg Owen and Steve and Corinna Essa, decided to team up with Graham to promote a two-day “Secure the Future” seminar in London.I was more than happy to do that. I love London, even though it’s always cloudy and drizzly. But it was also a great opportunity to promote my new book, The Sale of a Lifetime (out now!), because it touches on many of the same themes I wanted to discuss with my British audience.
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