Tuesday, January 05, 2016
Manufacturing Hits The Global Stock Markets... / Stock-Markets / Stock Markets 2016
The market futures were up a bit early last night. The S&P 500 was up about six points, while the Nasdaq was flashing upward action by fifteen points. A nice way to start the new year after a poor 2015. The last two days of the year 2015 were nasty, thus, the bulls were looking for something positive to break the chain of poor-trading action. The good news didn't last long as China reported news on their manufacturing front, and it was ugly to say the least. Ugly to the tune of being down between seven and eight percent.
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Tuesday, January 05, 2016
Gold and Silver Investors Betting on Deflation May Be a Huge Mistake. Here's Why... / Commodities / Gold and Silver 2016
Precious metals investors heading into 2016 worry the dollar will continue marching ahead, right over the top of gold and silver prices. The Fed is telegraphing additional rate hikes throughout the year, and commodity prices – led by crude oil – are falling. There have been tremors in the biggest beneficiary markets of all when it comes to the Fed's QE largesse – U.S. equities and real estate. And the possibility of a recession is growing, both in the U.S. and around the world.
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Tuesday, January 05, 2016
Gold Bull Trap / Commodities / Gold and Silver 2016
For most of December, gold has acted as if it is forming a base from which to rally but gold had a rough week last week losing $16.90/oz. and closed at 1,060.30. In addition, gold printed an engulfing bearish candlestick on the weekly chart. Cycles point to a low this week which could be followed by the kind of rally we would all like to catch but be careful; a 4 year cycle low is not due until later this year making any rally now a likely bull trap.
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Monday, January 04, 2016
Stock Market Melt Down at Hand? / Stock-Markets / Stock Markets 2016
Over the weekend I had written that I believed the market would go up first before dropping. I had based that on the normal Mercury retrograde topping action of the past. I also warned that the market was acting screwy too and the unexpected may happen, especially in light of recent events and the horrible astros this week. My subscribers were warned over the weekend that if the market fell hard Monday, the meltdown scenario would likely be in play for the week.
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Monday, January 04, 2016
All Stock Market Indicators Are On a "Confirmed Sell" Signal / Stock-Markets / Stock Markets 2016
I’m switching over to the daily charts to add perspective to the view.
SPX has now declined beneath all visible supports after testing the 2-hour Cycle Bottom. SPX has been coiling since the beginning of November. It now appears that SPX is completing its first impulsive (5-wave) decline. If you draw a trendline from 1074.00 (October 4, 2011) to August 24, 2015 at 1867.01, we may find support at that trendline near 1970.00.
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Monday, January 04, 2016
China’s Slow-Motion Stock Market Sleight Of Hand Shatters / Stock-Markets / Chinese Stock Market
The Chinese stock markets broke through 2 circuit breakers today, breakers that were introduced only a few months ago in response to the market selloff, triggered by a surprise yuan devaluation, in August. The first breaker, at -5%, forced a 15-minute trading halt. The second one, at -7%, halted trading for the rest of the day.
For many people, today’s bust can’t have been a huge surprise, because it’s been known for some time that a ban on stock sales by parties holding a 5% or larger stake in a company, is set to expire on Friday. Beijing may panic again before that date, but it can’t force stakeholders to hold on to large portfolios forever either.
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Monday, January 04, 2016
The Incredible Commodities - Stock Market Divergence and What it Portends... / Stock-Markets / Stock Markets 2016
As we approach the end of the year we are going to review one of the most extraordinary divergences that we have witnessed in modern times. This is very important because once you grasp the magnitude of this divergence and what it implies, you will be able to position yourself to firstly avoid harm and secondly capitalize on a reversion to the mean of this divergence, which, because it is so extreme, looks inevitable.
The divergence that we are referring to is the collapse of the Commodity sector in recent years, as the broad stockmarket has continued to ascend into the stratosphere.
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Monday, January 04, 2016
Saudi Arabia and OPEC Manipulate Oil Prices to Eliminate It’s Competition / Commodities / Crude Oil
About eighteen months ago the international price of WTI Crude Oil, at the close of June 2014, was $105.93 per barrel. Flash-forward to today; the price of WTI Crude Oil was just holding above $38.00 per barrel, a drastic fall of more than 65% since June 2014. I will point out several reasons behind this sharp, sudden, and what now seems to be prolonged slump.
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Monday, January 04, 2016
Stock Market Probable Gap Down / Stock-Markets / Stock Markets 2016
Good Morning and Happy New Year!
What a way to start off the year. The SPX Premarket appears to have gapped down to challenge the 2-hour Cycle Bottom support at 2011.42. It appears the cash market may open beneath that support. However, there could be an attempted bounce there, should support hold. Should the decline break through and exceed the prior lows, the damage may be severe, since there is no visible support to the Head & Shoulders neckline near 1880.00.
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Monday, January 04, 2016
Gold Bullion Price 2016 Upleg / Commodities / Gold and Silver 2016
Happy New Year. Thank you for all your support in 2015 and wishing you and yours a healthy, prosperous and happy 2016.
Adam Hamilton of Zeal Intelligence has looked at gold’s prospects in 2016 and he thinks the worst may be over for the yellow metal.
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Monday, January 04, 2016
Stock Market 2016, This Time Isn't Different / Stock-Markets / Stock Markets 2016
Last year ended with a whimper on Wall Street. The S&P 500 was down 1% for the year, down 4% from its all-time high in May, and no higher than it was 13 months ago at the end of QE3. The Wall Street shysters and their mainstream media mouthpieces declare 2016 to be a rebound year, with stocks again delivering double digit returns. When haven’t they touted great future returns. They touted them in 2000 and 2007 too. No one earning their paycheck on Wall Street or on CNBC will point out the most obvious speculative bubble in history. John Hussman has been pointing it out for the last two years as the Fed created bubble has grown ever larger. Those still embracing the bubble will sit down to a banquet of consequences in 2016.
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Monday, January 04, 2016
Technical Analysis of the Corn Commodity Market / Economics / Agricultural Commodities
Corn Market 2015
I have been watching corn prices lately as they are getting low enough to at least pique my interest into looking at a market that usually just gets bypassed with the rest of my agricultural futures prices tab on my trading platform, more out of habit than having anything in particular against the agricultural markets. The March 2016 Futures contract was down about 16% in 2015 along with most of the commodity space on fund outflows, a weak China, and a strong dollar.
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Monday, January 04, 2016
Technical Analysis of the Lumber Commodity Market / Commodities / Lumber
Housing Demand Thesis
The last two years rents have been rising primarily due to supply and demand issues. There hasn`t been enough multifamily housing to keep up with the demand, and as the employment levels go up and more millennials move out of their parent`s house, I expect the housing market to continue to be on the slow but steady upswing of the last several years for 2016.
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Monday, January 04, 2016
Stock Market More Correction Ahead / Stock-Markets / Stock Markets 2016
Current Position of the Market
SPX: Long-term trend - Still a Bull Market
SPX: Intermediate trend - The index may have made a secondary top at the 2116 level and started another decline of intermediate duration.
Analysis of the short-term trend is done on a daily basis with the help of hourly charts. It is an important adjunct to the analysis of daily and weekly charts which discuss longer market trends.
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Monday, January 04, 2016
Wild Swings in Markets Likely to Continue / Stock-Markets / Financial Markets 2016
Our attention this week will be more to the cycles and planets than to the charts. Last weekend, we were looking for a 4/8 stock market cycle low due early in the week followed by a possible top either December 29 or 30th and then weakness for the rest of the week. December 25th had a Bradley turn with Uranus turning stationary/direct, and December 29th the moon was in Leo/Virgo, where oft times peaks have occurred. With the moon in Virgo and Saturn in Sagittarius, the set up was there for an end of year drop (and a 4/12 TD low).
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Monday, January 04, 2016
Gold Advanced During 2015 in Most Major Currencies / Commodities / Gold and Silver 2015
Sentiment towards gold has been so bearish lately that you might think the yellow metal declined by 50% or more during 2015. In fact, it was only down 11% in U.S. dollar terms and gold actually advanced in most major currencies. Out of the 17 currencies tracked, gold was up in 10 of them and down in only 7 of them.
Gold advanced in both Canadian and Australian dollars, rocketed higher in Argentine pesos and Brazilian real, climbed higher in Mexican pesos, Russian Rubles, South African Rand, Turkish Lira and Ukrainian Hryvnia.
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Monday, January 04, 2016
Sheffield Risk of Rivers Don and Sheaf Flooding, Great Flood of 2016? / Local / Sheffield
Britain's fifth largest city, Sheffield was hit with a once in a 150 year flood in 2007, but now 8 1/2 years later Sheffield may be about to witness it's next once in a century flood as a consequence of climate change that has seen a conveyor belt of heavy rainfall hitting mostly Northern Britain every few days resulting in a series of floods working their way down Britain's backbone that most recently has impacted major northern cities such as York, Manchester. Leeds and Bradford.
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Sunday, January 03, 2016
Saudi Arabia Beheadings Illustrates that ISIS are Amateurs When it Comes to State Executions / Politics / Social Issues
It's Happy New year from Saudi Arabia's royal family that kicks off the year by offing 47 people of their heads as enemies of the state. Which was met with widespread condemnation from not just the usual suspects such as Iran and human rights activists but also a number of allies have frowned on the blood bath as on the one hand the West is engaged in a war on Islamic State for its barbaric beheadings of prisoners whilst on the other hand Saudi Arabia repeats the same in the interests's of the Saudi mafia family ruling over it's population by means of fear.
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Sunday, January 03, 2016
Top 10 US Stocks Per Sector Ranked For Price vs 1-Year High / Companies / Investing 2015
These tables present the 10 stocks in each US sector of the total US stock market ranked by how close they are to their 1-year trailing high price as of December 24, 2015. To be included in the filter universe, each stock had to have a 3-month average Dollar trading volume of at least $10,000 per minute.
This is not a recommendation to buy or sell any of these stocks. It is merely a snapshot of where we are at essentially year-end 2015.
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Sunday, January 03, 2016
Will 2016 Bring Another 2008-Type Financial Crash? / Stock-Markets / Financial Crisis 2016
The world is lurching towards another Crash.
Japan, which has been ground zero for Keynesian insanity, is back in technical recession. This comes after the Bank of Japan launched the single largest QE program in history: a QE program equal to 25% of GDP launched in April 2013.
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