Saturday, September 12, 2015
Stock Market Primary IV Continues / Stock-Markets / Stock Markets 2015
By: Tony_Caldaro
The holiday shortened week started at SPX 1921. After a Tuesday morning, and Wednesday morning, gap up opening the SPX hit 1989. The market then declined to SPX 1937 by Thursday morning. Then the market rallied again to end the week at SPX 1961. For the week the SPX/DOW were +2.05%, the NDX/NAZ were +2.15%, and the DJ World index was +2.05%. Economic reports for the week were mostly negative. On the uptick: consumer credit, plus weekly jobless claims and the budget deficit improved. On the downtick: the WLEI, export/import prices, wholesale inventories, consumer sentiment and long term investor sentiment. Next week will be highlighted by the FOMC, Industrial production, and Options expiration.
Saturday, September 12, 2015
Waiting On The Fed... What The Stock Market Likely Wants... / Stock-Markets / Stock Markets 2015
By: Jack_Steiman
The market seems to have found some stability after the big push lower that saw the market flash crash one day, and even though it recovered some, it saw some real technical damage, once the heavy selling episode was over. We moved from one long-term base into a new base that's actually larger than the one that saw us go nowhere for eight months.
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Saturday, September 12, 2015
Why the Japanese Yen's Bull Run REALLY Ended / Currencies / Japanese Yen
By: EWI
Monetary "Yentervention" did not cause the currency's depreciation -- it only COINCIDED with it
Talk about "star" wars.
"Asia's biggest action star" Donnie Yen was just cast in the next installment of the never-ending Star Wars movie franchise. Mr. Yen, in case you aren't aware, is known as "the strongest man in the entire universe." (Huffington Post)
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Saturday, September 12, 2015
What Really Mattered at Apple Corps Big Event / Companies / Apple
By: ...
MoneyMorning.com Michael A. Robinson writes: After 30-plus years in Silicon Valley, I’ve developed a thick skin.
I need it to keep myself immune from the daily barrage of useless hype that comes out of the Valley’s publicity mills every day.
That’s why I don’t fill your inbox with breathless reports every time Elon Musk burps.
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Saturday, September 12, 2015
The US Has Already Tightened — Which Explains A Lot / Interest-Rates / US Interest Rates
By: John_Rubino
Next week we’ll find out if the longest-ever will-they-or-won’t-they drama involving a virtually insignificant quarter-point interest rate change will amount to anything. But either way, US monetary policy is already a lot tighter than it was a year ago.
The Fed’s balance sheet, for instance, is a measure of how much new currency it is pumping into the banking system. And it’s up only $79 billion, or 1.8%, in the past year. In real terms, that’s flat to slightly negative.
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Saturday, September 12, 2015
Lumber Looking Lousy / Commodities / Lumber
By: Austin_Galt
Lumber is looking pretty lousy at the moment hitting new yearly lows recently. Price has been trading as laid it in previous analysis so let's update the situation using the monthly and weekly charts.
Friday, September 11, 2015
China's Market Meltdown: Dangers and Opportunities / Economics / Demographics
By: John_Mauldin
The buzz around Mauldin Economics’ virtual water cooler these days is El Jefe’s new documentary, China on the Edge. The timing for the online release, September 23, is propitious given the media attention to the meltdown of the Chinese market. The list of participants is impressive, and John has spent considerable time over the last few years wrapping his brain around the staggering number of variables at play in the People’s Republic of China.
Friday, September 11, 2015
QE Forever Continues Unabated / Stock-Markets / Quantitative Easing
By: Sol_Palha
It is a fraud to borrow what we are unable to pay. Publilius SyrusCorporations are using share buyback programs to manipulate earnings, by reducing the float of outstanding shares. This ploy was not as ubiquitous before, but today it is being used rather indiscriminately by companies as a way to boost EPS. This modern form of alchemy turns would-be losses into profits or can be utilized to make modest profits appear to be impressive in nature. We are now in the paradigm of lies and deceit. In these conditions, the truth does not thrive.
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Friday, September 11, 2015
Gold Mining Stocks Fundamentals / Commodities / Gold and Silver Stocks 2015
By: Gary_Tanashian
In the previous post Steve Saville talks about the “true” fundamentals of gold, i.e. the ones that actually matter as opposed to the ones that make a good story. In this post, let’s review something that is related but different; gold mining fundamentals.
While we (NFTRH) have been noting gold’s negative fundamentals for years (especially the status of the yield curve and a thus far ironclad confidence in the Federal Reserve and indeed, relative confidence in global central banks), gold mining sector fundamentals have been on an up-swing. Gold’s fundamentals are generally what we have been calling macro fundamentals and the things that matter to mining operations are sector fundamentals.
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Friday, September 11, 2015
Silver’s Vexing Slumber / Commodities / Gold and Silver 2015
By: Zeal_LLC
Silver has had a rough year, slumping to major new secular lows. After sliding on balance for years now, even the diehard silver bulls are losing faith in their metal. But despite its vexing slumber, silver’s price-appreciation potential from today’s levels remains enormous. Between radical underinvestment and very-high speculator silver-futures shorting, silver is poised to see massive buying as gold recovers.
Silver has proven very disappointing in 2015. Late last year, it was battered down near $15.50 as gold plunged into the $1140s on extreme futures shorting. That looked to be a decisive low, as silver spent the next 8 months forming a strong technical base around $16. But unfortunately in early July, silver fell to new lows near $15 as gold was crushed by an epic futures-shorting attack. Silver was collateral damage.
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Friday, September 11, 2015
Pay Your Fair Share (to the Teachers’ Union) / Stock-Markets / Pensions & Retirement
By: Casey_Research
By Justin Spittler
Taxpayers take note…you could get a much bigger tax bill than you expect.
The California State Teachers’ Retirement System (CalSTRS) recently announced that it may move 12% of its assets, or $20 billion, out of stocks and bonds.
CalSTRS is the second-largest public pension fund in the U.S. It manages roughly $191 billion for 868,000 teachers in California.
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Friday, September 11, 2015
After the Greek Debt Crisis, Euro Elites Dream of a Unified Euro State / Politics / European Union
By: MISES
Ryan W. McMaken writes:
[E]urozone officials shot down any prospect of a quick resumption of talks, even though finance ministers were planning to meet during the week to discuss the fallout from the vote. German Chancellor Angela Merkel and French President Francois Hollande immediately scheduled a bilateral meeting.
“Tsipras and his government are leading the Greek people on a path of bitter abandonment and hopelessness,” Germany’s Economy Minister Sigmar Gabriel told the Tagesspiegel daily. He said negotiations with Athens now were “barely conceivable.”
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Friday, September 11, 2015
Here's Everything Wrong with Jeb Bush's Tax Reform Plan / Politics / Taxes
By: ...
MoneyMorning.com Michael E. Lewitt writes: Like much of his campaign, Jeb Bush's tax reform plan is "weak tea."
Bush proposes to reduce tax rates, which is a good thing. But he just doesn't go far enough.
Rather than a bold program to radically reshape the unproductive U.S. tax code, Bush does not go far enough to rewrite the DNA of the U.S. economy.
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Friday, September 11, 2015
Bloomberg Interest Rate Hike Odds Still Wrong; Deflationary Bust Coming / Interest-Rates / US Interest Rates
By: Bloomberg
As of September 10, the CME has the of a September hike by the Fed at 24%. Bloomberg says the probability of a move is 28%.
Friday, September 11, 2015
Stock Market Brace Yourself! / Stock-Markets / Stock Markets 2015
By: Puru_Saxena
BIG PICTURE - Last month, the multi-month trading range on Wall Street ended with an abrupt break to the downside and once key support levels were violated, we witnessed an epic swoon! Thereafter, due to direct stock buying by the Chinese policymakers, the stock markets stabilised somewhat and we got a sharp relief rally.
As things stand today, we have already had the initial plunge from the multi-month distribution pattern and after the bounce; the S&P500 Index is now trading just beneath an area of overhead resistance (Figure 1). Going forwards, we are of the view that the bellwether index will struggle to get past the two zones of overhead resistance depicted on the chart. Even if it does surpass those levels, the now declining 200-day moving average (red line on chart) should keep the festivities in check.
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Friday, September 11, 2015
Gold And Silver - Markets, People Never Change / Commodities / Gold and Silver 2015
By: Michael_Noonan
The events unfolding around the world, or perhaps better expressed, events unraveling at such a rapid and confusing pace can only be a prelude for the disastrous consequences that inevitably will follow. While it may be hard to reconcile, all of this has been orchestrated by the global elites who fully intend to create as much havoc and destruction as possible, the Problem. They then monitor the Reaction, now around the world and not just confined to specific countries and regions, and what everyone is seeing is chaos, but it is an intended chaos that will lead to a Globalist's Solution.
Friday, September 11, 2015
The Stocks Bear Makes a Welcome Return / Stock-Markets / Stock Markets 2015
By: Clif_Droke
The S&P 500 Index had its worst August since 2001, while the Dow’s 6.6 percent drop was its biggest since declining 15 percent in August 1998. Most investors consider the September-October period to be the witching months for equities, but the past month was a painful reminder to many of them just how bad August can sometimes be.
Friday, September 11, 2015
Stock Market Rebounds from Crash Low Amidst Extreme Volatility / Stock-Markets / Stock Markets 2015
By: Harry_Boxer
The stock market indices had a very volatile, difficult day today. The day started out with a move up. They continued upward in a 5-wave advance until early afternoon when they spiked. At that point, they completed the 5-wave advance near resistance, and then pulled back in a 5-wave decline, only to snapback into the close and finish with a positive day.
It was a tough session to trade stocks today.
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Friday, September 11, 2015
The Fourth Turning: Crisis of Trust / Politics / Social Issues
By: James_Quinn
"Imagine some national (and probably global) volcanic eruption, initially flowing along channels of distress that were created during the Unraveling era and further widened by the catalyst. Trying to foresee where the eruption will go once it bursts free of the channels is like trying to predict the exact fault line of an earthquake. All you know in advance is something about the molten ingredients of the climax, which could include the following:
Friday, September 11, 2015
Stock Market Volatility Drops Ahead of Q4 / Stock-Markets / Stock Markets 2015
By: Donald_W_Dony
Following the September 2, 2015 Market Minute titled "Likely bottom for the S&P 500", the key volatility indexes continue to crest ahead of the bullish Q4 period.
The volatility indexes for the S&P 500, Dow Jones Industrial Average and NASDAQ all appear to have peaked over the last week.
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