Saturday, November 07, 2015
Stock Market Clear Separation From the Pennant / Stock-Markets / Stock Markets 2015
By: Anthony_Cherniawski
We can see that there is separation from the Pennant formation even on the daily chart. There also appears to be a single impulse (5 waves) from the top with a partial retracement from today’s low at 2083.74.
There’s no telling what may happen over the weekend or whether the retracement may go higher. TNX has not yet reversed and the VIX and Hi-Lo Indexes have not given any indication of an imminent decline. Given all that, the situation may turn on a dime, so make your own call on what the SPX has to offer.
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Saturday, November 07, 2015
Gold and Silver Precious Metals Sector Due for Bounce, but… / Commodities / Gold and Silver 2015
By: Jordan_Roy_Byrne
The precious metals sector has declined sharply in recent weeks with no pause or intermittent breaks in the decline. Including today, Gold is down eight consecutive days and 16 of the past 18 days. The gold miners (GDX) have lost roughly 20% in the past seven days. The sector is extremely oversold in the short term and a reflex rally culd begin in the next few days. While Gold and gold bugs should get temporary relief, the larger picture remains quite bearish.
Saturday, November 07, 2015
Shorts Savage Gold After Fed / Commodities / Gold and Silver 2015
By: Zeal_LLC
Gold has enjoyed a strong new uptrend in recent months following last summer’s extreme gold-futures shorting attack. But speculators returned with a vengeance this past week, aggressively dumping gold futures again following a hawkish surprise by the Fed. The resulting gold plunge shattered its support, and thrust sentiment back into hyper-bearish territory. But gold-futures shorting soon reverses to big buying.
In recent years the gold-futures trading by American speculators has utterly dominated the gold price. With investors still missing in action thanks to the Fed’s astounding stock-market levitation, speculators’ reign is unchallenged. Gold is not only at the mercy of their mercurial sentiment, the leveraged nature of futures speculation grants their collective trades an outsized impact on gold’s price. They rule the roost today.
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Saturday, November 07, 2015
Gold And Silver - Deception, Not Fundamentals Rule Precious Metals / Commodities / Gold and Silver 2015
By: Michael_Noonan
There are two things we know for certain about gold and silver: 1. Fundamentals do not apply [currently], and 2. There are no signs to indicate an end to this half-decade old bear market.
There have been many calls for a turnaround in gold and silver since 2013. In fact, the calls were not just for a turnaround, but also calls for $10,000+ gold, and $400+ silver, starting in 2014. It became apparent to us in the first half of 2014 that it would end with a whimper, just as 2013 did, and as 2014 continued, it seemed equally as likely that 2015 may not fare much better, and it not only did not, but it got worse with lower prices and the prospects for still lower prices to come. This puts the first part of 2016 in question.
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Friday, November 06, 2015
Does Bond Market Drive the Gold Price? / Commodities / Gold and Silver 2015
By: Arkadiusz_Sieron
Many gold market analysts focus on irrelevant, but catchy factors, such as mining production or jewelry demand. Others think gold is a simple inflation or stock market hedge. It is a bit strange that the relationship between the bond and gold markets is not commonly examined, given that bond market is much bigger than stock market, while real interest rates are one of the main drivers of the price of gold. The negative relationship between gold and interest rates imply positive correlations with bond prices, since the price of bonds is negatively related to the yields they offer.
Friday, November 06, 2015
Bill Gross: '100% Chance' Fed will Raise U.S. Interest Rates in December / Interest-Rates / US Interest Rates
By: Bloomberg
Bill Gross of Janus Capital spoke with Bloomberg's Tom Keene and Michael McKee on Bloomberg Radio and Television this morning to respond to today's jobs report.
Gross said there is a "100 percent chance" the Fed will raise interest rates in December after jobs surged. "They're ready to go." He said: "100 percent that they go in December and then try and tamp it down with mild, gradual language that will keep the dollar from strengthening even further."
On dollar strength, Gross said: "I think the Fed fears it...They took it out of their statement last month. But prior to that, they were cognizant of the fact that a very strong dollar has negative implications for emerging markets... It's certainly a negative for the global financial system because there are many bets and much dollar denominated debt in terms of emerging market corporations and sovereigns will be impacted by this."
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Friday, November 06, 2015
Doug Casey on the Nanny State’s Interference in Our Lives / Politics / Social Issues
By: Casey_Research
By Doug Casey
(Interviewed by Louis James, Editor, International Speculator)
Editor’s Note: In yesterday’s Weekend Edition, Casey Research founder Doug Casey explained why you should be skeptical of government “science.”
In today’s edition, Doug says the nanny state is tightening its grip on people’s lives…
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Friday, November 06, 2015
Oil Megaprojects Won't Stay On The Shelf For Long / Commodities / Crude Oil
By: OilPrice_Com
One casualty of the oil price downturn could be the megaproject.For years, as conventional oil reserves depleted and became increasingly hard to find, oil companies ventured into far-flung locales to find new sources of production. Extracting oil from these frontier areas required more advanced technology and a lot more capital: Ultra deepwater, Arctic offshore, heavy oil sands, and increasingly, the Lower Tertiary.
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Friday, November 06, 2015
Worlds Largest Debtor Ever Raises U.S. ‘Debt Ceiling’…Again / Interest-Rates / US Debt
By: GoldCore
The US government has once again agreed to increase it’s so-called debt “ceiling” – this time from $18.5 trillion to $20 trillion. The so-called debt ceiling is recognized industry-wide as a complete misnomer.
Friday, November 06, 2015
The Israelites Connections of the Brahmanic Hinduism and the Ideological Crisis of the BJP and RSS in the Indian Politics / Politics / Religion
By: Dr_R_M_Mathew
Had Adolf Hitler been alive, he would have been shocked to know the Jewish or the Israelite connections of the Aryan ideology and Brahmanic Hinduism of India, now propagated and practiced by the RSS and the BJP Government in India. They include cow worshipping, the ban on cow slaughtering and killing beef eaters and those who oppose the RSS ideology besides, reintroduction of the Vedic Practices and projecting the epic heroes as the symbol of the Indian nationalism. Read full article... Read full article...
Friday, November 06, 2015
Stocks Bull Market Printing Press / Stock-Markets / Stock Markets 2015
By: Gary_Savage
Amazing what can be created with a printing press. They will need to turn the presses back on if they want it to continue higher. I do think they want it higher, and I do think they have turned the presses back on.
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Friday, November 06, 2015
Silver Prices and Options Expiration / Commodities / Gold and Silver 2015
By: Dr_Jeff_Lewis
Notes on what we covered…
- Review of the where we are in the series
- What are options?
- Life options versus financial options
- Options and derivatives
- Who writes the majority of options?
- Options Leverage
- OTC options
- Incentive for expiring out of the money and their influence on price.
- The set up for silver price volatility around options expiration
- Commercial shorts versus managed money traders.
- Being prepared for options expiration, and what you can do.
Friday, November 06, 2015
Volkswagen and China: A Perfect Fit / Politics / China
By: Raul_I_Meijer
If Angela Merkel wants to get rid of one of her major headaches, we suggest she should tell Volkswagen to move its operations from Wolfsburg to China. It may seem a strange thing to do at first blush, with 750,000 German jobs on the line, but bear with us here, because this could well be the only way to preserve at least some value for VW’s stock- and bondholders.
Friday, November 06, 2015
Obamacare - The Gift That Keeps On Taking / Politics / US Politics
By: James_Quinn
Isn't it interesting the mainstream media makes barely a peep about the ongoing and worsening Obamacare debacle. Healthcare premiums, co-pays and deductibles are soaring, while doctor and plan choices contract to a minuscule level. Recent surveys reveal the hardship being inflicted upon families across the nation. Those who are willfully baffled by the lack of consumer spending need look no further than Obamacare and its impact on the budgets of hard working Americans.
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Friday, November 06, 2015
Stock Market 6-7% Pull Back Likely, Gold Still Going Down / Stock-Markets / Stock Markets 2015
By: Brad_Gudgeon
The stock market's recent advance has been nothing less than spectacular. Caveat emptor: the rally was mainly in the large cap stocks. The FED's determination to raise interest rates in December is predicated on the upcoming economic data. One of the most important releases comes out on November 6th, the jobs report.
Friday, November 06, 2015
Asian-Pacific Markets Big Picture / Stock-Markets / Asian Economies
By: EWI
Analyst Spotlight: Mark Galasiewski
Learn a bit about EWI's big-picture from our Asian-Pacific markets expert
Mark Galasiewski is the editor of our monthly Asian-Pacific Financial Forecast. Mark's a big-picture guy -- he loves analyzing the longer-term chart patterns, because they have the most significance to human social history.
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Friday, November 06, 2015
Stock Market Dow Set to Defy Naysayers and Trend Higher / Stock-Markets / Stock Markets 2015
By: Sol_Palha
Being ignorant is not so much a shame as being unwilling to learn. - Benjamin Franklin
Fear sells, and like misery it demands company. The so-called crash in August triggered dozens of hibernating bears to emerge from the woodwork. Rested from the last severe beating they took, they are ready for another healthy dose of pain. In their quest to push the fear factor a notch higher, celebrity perma-bears such as David Tice are brought out confirm that all is not well. If the markets were destined to sink into the gutter, David Tice would not have sold his Prudent Bear fund at the peak of the 2008-2009 financial crisis.
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Thursday, November 05, 2015
Crude Oil Price More Weakness In Sight / Commodities / Crude Oil
By: Gregor_Horvat
Crude oil has turned up in September when price broke out of a triangle placed in wave (b) so wave (c) was final with wave 4 pullback that reached 50.50 resistance from where sell-off occurred in October. As such, we suspect that WTI made a new swing now that will send price down into wave 5 back to 37.70. Broken corrective channel also suggests more weakness ahead,but after wave (ii) is complete.
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Thursday, November 05, 2015
The Discipline of Silver / Commodities / Gold and Silver 2015
By: DeviantInvestor
Consider these round number costs in digital (dishonest) dollars:
1,000 ounce Silver Bar $17,000
or Hillary Clinton speech $300,000
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Thursday, November 05, 2015
Earnings - Pulling Out All the Stops / Personal_Finance / Wages
By: John_Mauldin
By Jared Dillian
When I was a teenager, I had a different sort of part-time job. I was a church organist.
Actually, it was the best job ever because I was something of a piano prodigy as a child. Around age 12, my parents and I had to make a conscious decision about whether I was going to pursue a career in music. I decided not to, which has greatly reduced the amount of Ramen noodles I have eaten over the years.
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