Saturday, November 28, 2015

Stock Market Quiet Week as Primary 5 Continues / Stock-Markets / Stock Markets 2015

By: Tony_Caldaro

The market started the holiday shortened week at SPX 2089. The market rallied to one point below the recent rally high at SPX 2097 on Monday. Then declined, helped by a gap down opening, to SPX 2070 on Tuesday. After hitting that low in the morning the market rallied to SPX 2094 late Tuesday, and then traded in a narrow range to end the week at SPX 2090. For the week the SPX/DOW were mixed, the NDX/NAZ were mixed, and the DJ World lost 0.2%. Economic reports for the week were solidly positive. On the uptick: Q3 GDP, Case-Shiller, personal income/spending, durable goods, the FHFA, new home sales, the WLEI, plus weekly jobless claims improved. On the downtick: existing home sales, GDPN, and consumer confidence/sentiment. Next week’s reports will be highlighted by monthly Payrolls, the FED’s Beige book, and the ISMs.

Saturday, November 28, 2015

Black Friday, Weekend for Europe's Migrants / Politics / Social Issues

By: Raul_I_Meijer

How black would you like your Thanksgiving Friday slash weekend? Many Americans don’t even appreciate the term, or the events, at all anymore (or so they say), but the idea of getting what you don’t need, or want, on the cheap, will still prove irresistible. But then, when all of your desires have been fulfilled, food wise and gadget wise, and you’re still feeling empty, maybe we can help and offer a sweeping redefinition of the term Black Friday.

Saturday, November 28, 2015

HUI and Gold - Who's Leading Whom? / Commodities / Gold and Silver Stocks 2015

By: Rambus_Chartology

The Key Principle of this market analysing discipline we call Chartology: What makes the markets go up and down and sideways are investors emotions.

From the little guy trading on his laptop to some big hedge fund manager that has an office full of people telling him what to do. The sum total of everyone's psychology and conviction is what creates the many different chart patterns we are constantly searching for. Take for example the principle of Reverse Symmetry, how a stock goes up is often how it comes back down. Something one needs to look for when you're analyzing a chart for the purpose of discerning the next probable move. It doesn't make any difference what time frame you're looking at either. This is the reason, when you have a parabolic rise in a stock, you'll see a very similar decline which many times is faster than when it went up. The reason for this is because the stock spent very little time consolidating the impulse move, only taking the time to form very small consolidation patterns which don't have the staying power of a big consolidation pattern. There is nothing to offer support once the reversal takes place.The conviction (psychology again) of the market players is not there.

Saturday, November 28, 2015

Gold And Silver - No Ending Action, But End May Be Near / Commodities / Gold and Silver 2015

By: Michael_Noonan

If the end is not near, it is certainly nearer. We are not calling for an end, for that is up to the market. All we, or anyone can do is observe developing market activity and make a determination as to when a trend is changing. The market always provides that information, and quite accurately as to timing, so there is no need to guess when that time might be. By patiently waiting, there is no risk in getting in too soon. The market is cluttered with people and large losses that tried to "beat the market" by getting in too soon, anticipating a change that has not yet developed.

Saturday, November 28, 2015

Social and Cultural Distress Dividing The Nation - Fourth Turning / Politics / Social Issues

By: James_Quinn

I wrote the first three parts of this article back in September and planned to finish it in early October, but life intervened and truthfully I don't think I was ready to confront how bad things will likely get as this Fourth Turning moves into the violent, chaotic war stage just over the horizon. The developments in the Middle East, Europe, U.S., China and across the globe in the last months have confirmed my belief war drums are beating louder, global war beckons, and much bloodshed will be the result. Fourth Turnings proceed at their own pace within the 20 to 25 year crisis framework, but there is one guarantee - they never de-intensify as they progress. Just as Winter gets colder, stormier and more bitter as you proceed from December through February, Fourth Turnings get nastier, grimmer, more perilous, with our way of life hanging in the balance.

Saturday, November 28, 2015

Sheffield Houses Prices 2015, Best Estate Agents As Rated by Buyers and Sellers / Housing-Market / Sheffield

By: N_Walayat

Sheffield is Britain's fifth largest city with an estimated current population of 575,000 that occupy's the south west quadrant of the county of South Yorkshire, part of the Yorkshire and Humber region. Sheffield given its central UK position, prominent rail and motorway links is a favourable destination for national and international migrants from nearby towns and further afield given its relatively affordable house prices, especially when compared against the South East. Sheffield has a very active housing market with over 2,500 properties on the market at any one time and with nearby Rotherham another 1,000 that generates more than £2 million in commissions annually shared out between more than 20 local estate agents.

Friday, November 27, 2015

Stock Market Top Valuations, at a Critical Juncture / Stock-Markets / Stock Markets 2015

By: Zeal_LLC

The prevailing valuations in the lofty US stock markets are increasingly becoming a bone of contention.  Wall Street calmly asserts stocks are reasonably valued, since it has a huge vested interest in keeping people fully-invested.  But with valuations soaring following a massive rally and weak third-quarter earnings season, they are dangerously high and portend great downside risk.  Stock topping valuations abound.

Since investing is all about buying low then selling high, the price paid for any investment is everything.  Buy good companies at cheap prices, and you’ll multiply your wealth over time.  But buying those very same good companies at expensive prices radically stunts future gains.  While cheap investments have great potential to soar as traders recognize their inherent value, expensive ones have already exhausted their upside.

Friday, November 27, 2015

The Top Shopping Opportunity on Black Friday / Companies / Shopping

By: Investment_U

Matthew Carr writes: The digital age has completely enveloped us.

It’s changed the way we do practically everything in our lives. Mostly for the better.

For one thing, it’s nearly impossible to be bored in the world we live in. We have devices on us at all times - our smartphones - that allow us to connect to all knowledge of human history.

Friday, November 27, 2015

Economics Is About Scarcity, Property, and Relationships / Economics / Economic Theory

By: MISES

Michael J. McKay writes: The other day I was having coffee with a new friend, a retired businessman who had customized luxury cars in California. I mentioned I had recently retired from owning an investment firm and had studied economics for many years, especially Austrian economics.

Like so many people, he said, “I really don't understand economics and always have been confused by it.”

Friday, November 27, 2015

China’s Coming of Age: Yuan To Join SDR Basket As IMF Reserve Currency / Commodities / China Currency Yuan

By: GoldCore

Christine Lagarde and the IMF Executive Board recently announced their intention to include the Chinese renminbi (RMB) in the Special Drawing Rights’ (SDR) valuation formula.  This would bring the Chinese currency into an exclusive group – alongside the US dollar, the euro, the British pound and the Japanese yen - of 5 global currencies that make up the IMF’s own reserve currency.  

Friday, November 27, 2015

Terrorism on American Soil / Politics / US Politics

By: Walter_Brasch

Friday, November 27, 2015

UK Immigration Crisis Hits New Extreme of 336k Net Migration, up 32% on 2014 / Politics / Immigration

By: Nadeem_Walayat

Britains unrelenting immigration crisis just keeps getting worse with each ONS data release as the latest record busting net migration figure of 336,000 in the year to June 2015 illustrates, an increase in the rate migration of 32% on 2014. Which literally translates into a DAILY flood of near 1000 people turning up on Britain's shores and demanding housing, education and school places, jobs with benefits such as tax credits, health & social services that have been buckling, breaking and ultimately freezing as the social housing has in many cities already for several years in the wake of a 15 year long trend of out of control immigration.

Friday, November 27, 2015

Erdogan Megalomania / Politics / Turkey

By: Stephen_Lendman

He’s a despotic loose cannon, a close US imperial ally, one of 28 NATO members - part of its killing machine war on humanity.

Downing Russia’s aircraft was an act of war - Washington the likely orchestrator, both nations acting conspiratorially - part of longstanding US-led Putin-bashing, the one world leader above all others challenging America’s imperial agenda forthrightly, deserving universal praise and support.

Friday, November 27, 2015

Did Washington Order Russian Aircraft Shot Down? / Politics / Syria

By: Stephen_Lendman

A personal note. I’m not writing from my usual location, comfortably at home on my desktop - currently hospitalized, hopefully released soon.

I’ll be briefer than usual, conserving strength - thankful to maintain daily communication with readers, best as able when less than par.

Let’s not mince words. Washington is no Russian partner. Its policy is adversarially hostile, notably during the Cold War, especially throughout Putin’s leadership years - a preeminent world leader/peace champion polar opposite rogues running America, perhaps one day able to turn the tide against their hegemonic agenda.

Thursday, November 26, 2015

Vauxhall Zafira B Fire Danger Recall - What to Do Video / ConsumerWatch / Auto Sector

By: N_Walayat

It seems each week brings a new crisis for the auto manufacturers that is apart from the alleged emissions fraud that the likes of Volkswagen have been engaged in prompting a recall of 9 million cars. Whilst today's news is of Nissan forced to issue a recall for 1.6 million SUV's due to the risk of air bag injury. Meanwhile in the UK at least Vauxhall has been forced to recall all 220,000 UK Zafira B models that are at a real risk of catching fire and even exploding! As prompted by countless customer experiences of Zafira's catching fire over the past few years and hence prompting Vauxhall to finally act.

Thursday, November 26, 2015

U.S. Bond Market Not Destined to Crash in 2015 / Interest-Rates / US Bonds

By: Sol_Palha

Always do what you are afraid to do. Ralph Waldo Emerson

The trend in bonds was bullish for a long time, and one can see how bonds ran up during that time frame. Currently, its neutral and that also has to be viewed through a bullish lens as it should have turned negative given the run-up. Bonds need to close on a weekly basis above 160.00 relatively soon. In fact, there is a good chance that if the next run up fails to take out the August highs of 161-23, bonds will be paving the way for a move down to the 152.00 ranges and then 147-148 ranges.  Traders willing to take on a bit of a risk could consider opening long positions at both levels.  Some funds could be deployed at 152 or better and some at 148 or better.  Market Update, Nov 1st, 2015.

Thursday, November 26, 2015

Triggers In US Dollar Collapse / Currencies / US Dollar

By: Jim_Willie_CB

To be sure, groups of oil rags are accumulating in the Western financial basement. They await an incident to light them on fire to produce the grandest bonfire in modern history. Many incidents, events, and decisions created the current broken untenable wrecked set of conditions that together comprise the structural breakdown, upon which systemic failure is witnessed each day. The 1990 decade saw the creation of bank derivatives, which compensated for Western bank system insolvency. It was the dirty secret in backfire from a decade of outsourcing US industry to the Pacific Rim. The refusal by Greenspan to permit a recession early in the 2000 decade interrupted a normal housing correction, and initiated another credit stimulus. The result was the 2007 subprime mortgage crisis which will forever bear the Greenspan signature. The Lehman Brothers killjob was important to force the big Western banks to share the load, to tie (lash) themselves together, and to assure the systemic failure in an inexorable march to ruin. The LIBOR rate scandal confirmed that the London hive did not produce honey, but rather scum and dross.

Thursday, November 26, 2015

Apple Stock is a 10-Year Short - Bear Market Environment / Companies / Apple

By: EconMatters

Holiday Melt Up in Stocks

Apple and most stocks do routinely well during the 4th quarter, and especially the last couple of months of trading after earnings are out, and the fund managers are pushing everything up with the goal of making their trading numbers by year end window dressing. It is amazing more people don`t realize this phenomenon and just buy December expiration calls on the SPY after the usual selloffs that happen in the third quarter, and wait for the holiday rally where stocks routinely melt up at year end.

Thursday, November 26, 2015

The Republican Party - Extremism & Democracy / ElectionOracle / US Presidential Election 2016

By: EconMatters

The Republican Party has been hijacked by the right wing Christian conservatives, the gun toting NRA extremists, the Tea Party extremists and the racially and culturally narrow-minded factions across the country. The party is a complete mess, it really has lost its way, and is destined to lose the Presidential Election to Hillary Clinton. The emergence of front runners in the Republican campaigning season of Donald Trump and Ben Carson speaks volumes regarding how far this party has lost its way.

Thursday, November 26, 2015

U.S. Federal Reserve Rate Hike / Interest-Rates / US Federal Reserve Bank

By: EconMatters

The Federal Reserve has been telegraphing to markets that they are going to raise the fed funds rate by 25 basis points next month at its December Fed Meeting. The financial markets think they are serious this time and have been pricing in this 25 basis point rate hike for the past 6 weeks. The real question is that since the Fed has told us that they are Data Dependent for the past 7 years regarding changes to monetary policy, what has really changed in the economic data for the positive? Why now of all times do they decide to raise rates? Are they raising rates for the right reasons? These are just some of our concerns as the Federal Reserve embarks upon their final FOMC Meeting on December 16th 2015.