Wednesday, January 06, 2016
America's Right-wing Fascism, Millennials and why good people must do something. And the time for doing it is Now / Politics / US Politics
America is to be judged by its citizens, not its politicians. But if Americans lose contact with one another; substitute real, tangible realities with virtual ones projected on internet and television screens; refuse to engage in the democratic process and choose passivity over involvement, nihilism over hope, fatalism over self-determination; remain complacent about if not ignorant of US actions and wars in the world; adopt definitions of themselves that are crafted by self-serving special interests, profiteers or merchants of war and hate running now for president from both political parties, they lose all concepts of who they are, what they stand for, and what really constitutes American values. As it stands, Americans are on the cusp of recognizing that they are losing their historic identity, or the one they embraced before 9/11. Some might feel "I like it just the way it is." Others might not and blame the government, blame the Fed, blame an ethnic minority, blame Obama, blame the other party, blame the terrorists, blame Islamists or blame today's "Hitler of the Moment", Vladimir Putin, whose endorsement of Donald Trump has signaled alarm bells even among some Kremlin defenders.
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Wednesday, January 06, 2016
Stock Market’s Remaining Pillars Are Crumbling / Stock-Markets / Stock Markets 2016
Once every decade or so investor credulity reaches a point where even seasoned money managers buy into the notion of “one decision” stocks — that is, shares of companies so insanely great that they’re virtually guaranteed to keep going up. Valuation is irrelevant, as is the state of the economy. Nothing matters but the unbeatable business model/technology/visionary leadership of such companies, so owning their stocks is as close to risk-free investing as it’s possible to get.
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Wednesday, January 06, 2016
Gold Market, Two Charts / Commodities / Gold and Silver 2016
As you build a model of the trend you want to find in a Sector or stock that has a trend you can find. Better yet if you can catch it while it changes trend from down to up.
Compare the left chart, GIMBO with the RIGHT hand chart, DIMBO. If we are constructing a model of a chart of a stock or sector we want to buy into, which one typifies the best situation that can be there for us : Bottoming, ready to move up, LEFT HAND SIDE, or CRESTING or ROLLING OVER with no decisive trend outlined.
Wednesday, January 06, 2016
Examining Top Foreign Investments for 2016 / Stock-Markets / Investing 2016
Larissa James writes: While there are plenty of sound investments to be made in the United States in 2016, wise investors are expanding their horizons beyond domestic soil. In fact, many investors are choosing to place a majority of their portfolios overseas. And while there’s no need to move all of your assets, there are some solid foreign plays that you should know about as we enter 2016.
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Wednesday, January 06, 2016
Future of Corporatism in 2016 / Politics / Corporate News
Economists, stock pickers and financial analysts are eager to play the forecast game. Clients of these erudite soothsayers would like you to believe that their study of trends and markets are founded on empirical maxims. What they carefully avoid admitting is that predicting the political climate is even more important than knowing the direction that monitory central banking will follow. 2016 promises to be a pivotal year. Depend upon the overactive drive of a lame duck President to complete his task of ruining the economy before he leaves office.
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Wednesday, January 06, 2016
Investors Green Energy Trend Is Your Friend / Commodities / Energy Resources
David Talbot of Dundee Capital Markets forecasts uranium demand growth of about 6% compounded annually through 2020, which ought to be more than enough to kickstart depressed U3O8 prices. Nuclear energy is part of a growing trend away from fossil fuels toward green energy and things like lithium-ion batteries for cars and energy storage. Talbot explains that lithium demand is expected to grow even faster than uranium demand, and the market is already undergoing a supply deficit. In this interview with The Energy Report, he offers his top picks in the uranium and lithium spaces, as well as a graphite name, all poised to ride the green energy trend higher.
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Tuesday, January 05, 2016
Are We Headed for Another Economic Bust? / Economics / US Economy
On Wednesday December 16, 2015, Federal Reserve Bank policymakers raised the federal funds rate target by 0.25 percent to 0.5 percent for the first time since December 2008. There is the possibility that the target could be lifted gradually to 1.25 percent by December next year.
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Tuesday, January 05, 2016
Silver Rides a Runaway Expense Train / Commodities / Gold and Silver 2016
The US government will spend nearly $4 Trillion this fiscal year – starting last October 1. Of course it projects a massive deficit, increasing national debt, uses “funny” accounting, and does not address unfunded liabilities.
Business as usual…
Examine the last 100 years of US government expenditures and national debt – on a log scale in $ millions. Note that official government expenses have increased from about $750 million to about $4 Trillion, an increase by a factor of over 5,000.
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Tuesday, January 05, 2016
The American Melting Pot versus the European Salad Bowl / Politics / Social Issues
I recently took a car service from the outskirts of Washington, DC to Baltimore. Along the way I struck up a conversation with the driver, who was from Uganda. After the weather and other pleasantries, the topics turned to social issues of the day, eventually landing on marriage. We discussed the benefits of a great marriage, and how finding the right partner can be a struggle.He then mentioned how some people get “postal maids,” and that’s where things got interesting. I asked if he meant “mail-order brides,” which made him laugh as he corrected himself.
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Tuesday, January 05, 2016
The Importance Of A Good Trading System in 2015 / Stock-Markets / Financial Markets 2016
In this morning’s 5 Day Forecast, Adam O’Dell, our Chief Investment Strategist, gave Boom & Bust subscribers a snapshot of what 2015 was like for stocks, bonds and commodities.The picture was ugly!
So I’m going to show you too, but I’m going to let charts do the talking…
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Tuesday, January 05, 2016
Pento's Market Predictions for 2016 / Stock-Markets / Financial Markets 2016
2015 was a year where nearly every asset class failed to provide any returns at all. If fact, the S&P 500 hasn't gone anywhere in about the past 400 days. An analysis of that Index's performance at the end of the 3rd quarter by S&P Capital IQ showed that over 250 stocks were down more than 20% from their 2015 highs and 25% of the S&P 500 Index had plummeted more than 30%.
The 30-year Treasury bond has fallen over 2.0%, cash in money market accounts have returned just +0.11% (so after taxes and inflation your return was solidly negative), and the CRB index is down nearly 25%.
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Tuesday, January 05, 2016
SPX Opening Weak. Will the Decline Resume? / Stock-Markets / Stock Markets 2016
Good Morning!
SPX appears to be struggling below yesterday’s close in the Premarket. Although anything can happen with HFTs, we may expect to see a resumption of the decline below the Cycle Bottom at 2007.99. Chinese intervention in their market failed to break the rout in the overnight markets.
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Tuesday, January 05, 2016
DJ-UBS Forecast: Can it get worse in 2016 for Commodities? / Commodities / Commodities Trading
Ken Ticehurst writes: The commodities complex ended 2015 with another poor year, the Dow Jones Commodity Index ended down 25%. Unfortunately as far as we are concerned the downtrend is set to continue for the foreseeable future there appears very little evidence of a capitulation or a bottom forming.
We are currently in a small oversold bounce which we do not expect to last too long as the index itself has spent the last few months in a controlled descent. Rather than an uncontrolled crash the index has moved steadily lower which can sometimes indicate a lower for longer pattern is unfolding.
Tuesday, January 05, 2016
Countdown to the End of UK Housing Market Help to Buy Phase 2 / Housing-Market / UK Housing
In December this year the mortgage market will wave goodbye to the Help to Buy Mortgage Guarantee Scheme. Since its introduction, the scheme has had a profound effect on the 95% loan-to-value (LTV) mortgage market, giving it a significant boost at a vital time.
As a result of the impetus from the scheme, data from Moneyfacts.co.uk can reveal that the number of mortgages at 95% LTV has risen from 56 in October 2013 to 249 today – a 444% increase.
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Tuesday, January 05, 2016
Stock Market 2016 Further to Fall - Video / Stock-Markets / Stock Markets 2016
I think the 7 year cycle low still has unfinished business. One way or another, either through a normal stair stepping down correction, or a market crash if the government continues to intervene in the markets, stocks still need to fall further before the next leg of the bull market can begin.
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Tuesday, January 05, 2016
2016 Presidential Unreality Show - Hillary is No Snow White / ElectionOracle / US Presidential Election 2016
The theatrics from a presidential campaign cycle is some of the best entertainment that a political junkie can hope for. Imagining that the electoral process has even a remote connection that reflects the will of the people is one of the idiocies that Americans delude themselves with in order to rationalize that the country is ruled under democratic elections. At the outset, elections are actually a selection ratification provided by the party hacks and media gatekeepers that serve their supra-elite masters.
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Tuesday, January 05, 2016
Hedge Funds Remain Bullish Crude Oil Price / Commodities / Crude Oil
Just as the case with Silver, so do the hedge funds remain stubbornly long in crude oil.
Here is the updated COT chart as of last Tuesday, December 29, 2015.
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Tuesday, January 05, 2016
SPX May Have a Completed Reversal Pattern / Stock-Markets / Stock Markets 2016
SPX made a perfect five-wave decline and (thus far) a 25% retracement. If SPX is in a Wave C decline, that is all it needs to be complete. The shape of the fractal is intriguing, implying that Wave [iii] may have a minimum target of 1795.00…
The market may have been saved by a $2-3 billion late-day bid out of nowhere. If this is the beginning of Wave C, the retracement may be finished already. Otherwise, I would suggest a target at the 38.2% retracement at 2024.63 at the open tomorrow.
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Tuesday, January 05, 2016
Yellen Comes Down The Chimney / Stock-Markets / Financial Markets 2016
You heard it from Janet Yellen. “Economic expansions (and by extension bull markets) don’t die of old age.” That’s true. But they do die from excess, policy mistakes and Wall St Stoopid.
Seven years of zero interest rates have created plenty of capital misallocation, mal-investment and yield chasing. We’ve seen some minor debacles in the high yield space this month. Nothing earth shattering but certainly disquieting. Big problems often start small and go unnoticed until the tsunami is on the horizon. Keep an eye on bonds. The credit market funds a large percentage of the buying underpinned the bull market. We’ve got a problem if it stops.
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Tuesday, January 05, 2016
Government 'Processing Error' Sinks U.S. Housing Market Reports for Entire Year / Housing-Market / US Housing
Huge "Processing Error" in Government Housing Data
When I saw some of the upwardly revised GDP estimates in 2015 I thought they were too good to be true, and that downward revisions were coming.
I had almost given up on that idea, but I was correct all along.
Last month, construction spending was reported to be up 1%. Today we see it was only 0.3%. Economists, being perpetual optimists, came up with a consensus estimate for this month of +0.7% The actual result is -0.4%, over a full percentage point below the consensus and nearly a pull point lower than the lowest estimate of +0.5%.
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