Sunday, February 07, 2016
Stocks Bear Market Continues / Stock-Markets / Stock Markets 2016
By: Tony_Caldaro
The market started the week at SPX 1940. On Monday the market rose to SPX 1947 and then traded down to 1872 by early Wednesday. Then the market rallied to SPX 1927 early Thursday, only to selloff again and end the week at SPX 1880. For the week the SPX/DOW lost 2.35%, the NDX/NAZ lost 5.70%, and the DJ World index lost 2.20%. Economic reports for the week were again biased negatively. On the uptick: personal income, construction spending, consumer credit, Q1 GDP, plus the unemployment rate improved. On the downtick: ISM manufacturing/services, the ADP, factory orders, monthly payrolls, the WLEI, plus weekly jobless claims and the trade deficit worsened. Next week will be highlighted by FED chair Yellen’s semiannual monetary policy report to Congress.
Sunday, February 07, 2016
Silver COT Paving Way for Sustained Upside Breakout Sharp Rally / Commodities / Gold and Silver 2016
By: Clive_Maund
Like gold, the bearmarket in silver should be brought to an end by the dollar breaking down, and especially the powers that be resorting to massive global QE in a last desperate effort to beat back the forces of deflation caused by gargantuan debts that are strangling the life out the world economy. Since you cannot beat the problems caused by debt by creating more debt, the end result of this will be the ruin associated with hyperinflation - and you don't to be a genius to work out what will happen to the prices of both gold and silver when that happens. The timing of the launch of the big global QE program will determine when gold and silver really take off in a big way, but it cannot be far off.
Sunday, February 07, 2016
US Dollar Double Top, Gold Prospects Brightening Rapidly / Commodities / Gold and Silver 2016
By: Clive_Maund
For the 1st time in years, everything is in place for a major bullmarket phase to get underway in gold and silver. There are two big reasons for this. One is that the dollar is looking set to drop - and has started to already. The other reason, which is of course related, is that those in power look set to attempt to loosen the intensifying deflationary stranglehold on the world economy by unleashing a global QE blitz that could dwarf anything that has come before, and will end in hyperinflation. Egon Von Greyerz talks about this in an article on King World News entitled Legend Warns Global Panic Is Coming. Don't be put off by the lurid, blood-curdling presentation - I believe that what Von Greyerz writes makes perfect sense, and his gold bullion service outside of the banking system sounds like an attractive option - remember that "What's yours is theirs", so if it is inside the banking system they will simply appropriate (steal) it, if it suits them, when the time is right. Note that I have no association with Von Greyerz or KWN and no incentive for mentioning all this.
Sunday, February 07, 2016
Gold And Silver - Is A Bottom In? Nothing Confirmed / Commodities / Gold and Silver 2016
By: Michael_Noonan
Confirm - verb - establish the truth or correctness of (something previously believed, suspected, or feared to be the case). State with assurance that a report or fact is true.
We are again seeing more and more experts and non-experts calling for the bottom for gold and silver, but none can confirm it as a proven fact. Few realize how important it is to have confirmation that one's position is correct and will be profitable. It is confirmation that gives validity to a prior market move/event. This is the theme of our analysis, today.
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Saturday, February 06, 2016
More Economic Problems...Jobs...Nasdaq Breaking Down... / Stock-Markets / Stock Markets 2016
By: Jack_Steiman
The market has had every excuse to use economic woes as a reason to fall hard this past week. Poor numbers from the ISM Manufacturing sector, and then a hard decline in the ISM services sector. The market refused to fall, but it was somewhat understandable since the market had taken a massive hit lower and was simply trying to unwind oversold oscillators. The bear flag, if you will, that we have been seeing on all the daily index charts. Today was day fifteen, or exactly three weeks, but it seems as if the fifteenth day was the bad one for the bulls as the market could not withstand the Jobs Report, which came in 34,000 jobs shy of expectations. 151K versus 185K expected. The futures fell initially, only to come roaring back to green for a few seconds ahead of the open. It then began to fall, and, thus, we actually gapped down across the board with the Nasdaq taking the biggest hit. The market tried a few times to come back, but it seemed as if all attempts to rally were sheared off by the bears. They seemed angry today. Enough of these flags seemed to be their mantra for the day, especially in the world of high P/E stocks.
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Saturday, February 06, 2016
Gold Stocks Something has Changed / Commodities / Gold and Silver Stocks 2016
By: Jordan_Roy_Byrne
In our missive last week we noted that:
Read full article... Read full article...While good things are happening under the surface for Gold, its lack of a strong rebound in recent months argues that such a rebound is in the future but not imminent. Gold's steady downtrend could resume in the next week or two.
Saturday, February 06, 2016
The End of Tax Havens? / Politics / Taxes
By: Casey_Research
By Jeff Thomas
The image above is of a World War II German Panzer tank. So, what does that have to do with tax havens? I’ll get to that soon.
But first, let’s look at the Isle of Jersey, one of the islands in the English Channel. Most people think of it as a British tax haven, but it’s not, strictly speaking, a part of the UK and not a member of the EU. It’s a self-governing parliamentary democracy under a constitutional monarchy and has its own legal, judicial, and, most importantly, financial systems. For decades, it’s been a choice location for those who seek to avoid taxation.
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Saturday, February 06, 2016
The Stocks Bear Is At The Door, Part 1: Momentum Stocks Getting Crushed / Stock-Markets / Stocks Bear Market
By: John_Rubino
One of the common transitions that bull markets go through as they age and die is a narrowing of leadership. As formerly strong sectors begin to stall out, investors shift into whatever is still looking good — that is, whatever still has upward momentum. Eventually capital becomes concentrated in just a few names. Then those stocks roll over and the game ends.
This time around Big Tech was the final category of momentum play, and it ended up attracting astounding amounts of money from both the usual suspects like hedge funds and some new suckers like the Central Bank of Switzerland, now a major holder of Apple shares.
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Saturday, February 06, 2016
Stock Trading HOTEL CALIFORNIA ? Which Straw Will Break this Camel's Back? / Companies / Company Chart Analysis
By: Denali_Guide
DO you have to pick one? Pretty much it could be anyone. They take your stock out behind the barn and shoot in the head. Game over. OK so its only wounded, say 20% in a day. Did it put you under water?
Saturday, February 06, 2016
UK Interest Rates, Economy GDP Forecasts 2016 and 2017 / Interest-Rates / UK Interest Rates
By: Nadeem_Walayat
Six months ago Bank of England Governor, Mark Carney in 'forward guidance' at the time gave his intentions to start to raise UK interest rates early 2016, that in the run up to the Fed December rate hike had galvanised many to expect a similar trailing response from the Bank of England to gradually follow the Fed towards normalisation of UK interest rates towards a target of 2.5% over 3 years i.e. by Mid 2018.
"Short-term interest rates have averaged around 4.5% since around the Bank's inception three centuries ago, the same average as during the pre-crisis period when inflation was at target...
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Friday, February 05, 2016
Gold Price, Mining Stocks Rocket Higher / Commodities / Gold and Silver 2016
By: Zeal_LLC
Gold and its miners’ stocks are rocketing higher as speculators and investors alike return to this left-for-dead sector. This sudden deluge of capital inflows has crowned gold stocks the best-performing sector of this young new year by far, shocking traders. And this stunning reversal of fortunes in both the metal and the companies producing it is only starting, so it’s exceedingly important to understand what’s going on.
Gold was inarguably the world’s most-hated investment in recent years. No one wanted anything to do with it, because no one felt any need for it. The world’s stock markets were relentlessly levitating, thanks to record easing by the world’s elite central banks. And with stocks seemingly destined to do nothing but rally indefinitely, there was little demand for counter-moving gold for prudent portfolio diversification.
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Friday, February 05, 2016
Illusory Economic Recovery Supported by Hot Money / Economics / Economic Recovery
By: Sol_Palha
Is this economic recovery real? Well if you base your observations on how far the Dow has risen since the financial crisis of 2008-2009 and on the B.S statistics the BLS puts out, the answer would be a yes. However, if you do just a little cursory digging, you will spot that this economic recovery is nothing but a grand illusion. The following factors clearly prove that this recovery is not real. Read full article... Read full article...
Friday, February 05, 2016
Pity the USD longs! / Currencies / US Dollar
By: Anthony_Cherniawski
An opinion by ZeroHedge on this morning’s payroll report caught my attention. They opine, “The most obvious reaction to the "great" drop in the unemployment rate and "huge miss" in payrolls is a rise (yes rise) in rate-hike odds for 2016. This appears to be why the Dollar is spiking and bonds, stocks, crude, gold and everything else is being sold...”
Unfortunately the USD retracement is losing momentum at 97.24, just above mid-Cycle support/resistance at 96.99.
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Friday, February 05, 2016
Gold Reversal and Last Chance for Stock Market Shorts / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
Gold reversed this morning after making a throw-over above the ending diagonal formation. So far, the low is at 1145.68. A decline beneath 1138.00 puts it back into the formation,, while a break at 1126.88 confirms the new trend.
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Friday, February 05, 2016
Crude Oil Price Bottoms and Blues / Commodities / Crude Oil
By: DeviantInvestor
Crude oil prices have dropped from about $106 in June of 2014 to briefly under $30 in January of 2016 – down about 74% peak to trough. This appears to be an on-going disaster for oil companies, the banks who loaned money to frackers, oil exporting countries, global stock markets and others.
Conventional wisdom suggests that crude oil prices will stay low for a long time because of low demand (global recession), huge supply (Iran, fracking, etc.), decline in commodity prices globally, and at least ten more reasons.
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Friday, February 05, 2016
Is the Gold Price Manipulated? / Commodities / Gold and Silver 2016
By: Arkadiusz_Sieron
The claim that the gold prices are manipulated is one of the most popular notions within the gold investing community. Probably, no other market (except the silver market) holds such a belief so strongly. The core argument goes as follows: an increase in price of gold signals inflation and the decline in the value of fiat currencies, especially the U.S. dollar, which undermines confidence in the contemporary monetary system. Thus, governments, central banks and their collaborators from the financial system are heavily interested in suppressing the price of gold.
Friday, February 05, 2016
Gold And Silver Best Performing Assets – Up 9% and 8% YTD / Commodities / Gold and Silver 2016
By: GoldCore
Gold is 3.6% higher this week and is now over 9% higher year to date. The dollar saw sharp falls this week on growing doubts that the Federal Reserve will be able to raise interest rates. The gains this week were due to increasing concerns about the U.S. and global economy.
Friday, February 05, 2016
Gold Stocks Sector: Rubber, Meet Road / Commodities / Gold and Silver Stocks 2016
By: Gary_Tanashian
You may have noticed that I have written relatively little publicly about the gold sector over the last few years (we have covered it consistently in NFTRH to keep subscribers aware of the bear’s status, and protected against it). Is that strange for a writer who was probably known first and foremost as a ‘gold guy’? Not at all! It’s just that it is not desirable to get bogged down obsessing on a sector in a bear market when there are other fish to fry on the global macro landscape. But the process of finding and confirming a bottom in the gold sector is now front and center as more of the fundamentals that actually matter come into place. To those fundamentals, we need to marry the technicals.
Friday, February 05, 2016
Gold and Silver: Ripe for a Recovery! China May well Change the Game / Commodities / Gold and Silver 2016
By: Peter_Zihlmann
- China lifts reading of cenbank gold holdings by 57 pct
- Gold now accounts for 1.65 pct of total forex reserves
According to Central Bank Data, China's gold reserves stood at 1,658 tonnes at the end of June of last year. This was up 57 percent from the last time reserve were adjusted more than six years ago.
Friday, February 05, 2016
Gold Price Soars on Revised FED Expectations / Commodities / Gold and Silver 2016
By: Jason_Hamlin
If FED backtracks from rate hikes, gold miners can go up 50%. – CNBC Feb 4th, 2016
We have been predicting for months that the FED would not be able to raise rates as aggressively as the market was expecting. Thus, we have been long gold and mining stocks believing that a reset in expectations for how fast the FED would raise rates would be bearish for the USD and bullish for gold.
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