Monday, June 10, 2019

US Stock Markets Rally Hard – Could Another Big Upside Leg Begin? / Stock-Markets / Stock Markets 2019

By: Chris_Vermeulen

Closing out the first week in June 2019, the US stock market rallied hard from recent lows and prompted many traders/investors to rethink their future plans.  At the same time, Gold and Silver began a decent price rally of their own while Oil found support just above $50.  It certainly has been an interesting week for traders.  One that was full of incredible opportunity as many symbols rotated 6 to 12% or more over the past 10+ days.

The fact that Oil is finding support above $50 while Gold and Silver continue to rally suggests that fear may be entering the metals market while Oil may have found a temporary price bottom near $50 to $51.  Weakness in the US Dollar is also helping both Oil and Metals to push higher.  Our recent research suggests that the US Dollar will find support near $95 indicates the US Dollar may fall a bit further – pushing Oil and Metals a bit higher.

Monday, June 10, 2019

Stock Market Huge Cosmic Cluster Ahead: Buckle Up! / Stock-Markets / Stock Markets 2019

By: Brad_Gudgeon

The cosmic cluster is June 10th-14/16-June 24th. June 10-18 sees a large drop to around 2668/70ish (especially after June 14). The 18th (Merc conj. Mars) is the midpoint of the next Bradley Jun 16-20 (last Bradley June 2-4). June 21 Neptune turns retrograde so we see a secondary low on the 20th right before OPEX (see Nov 23).  

The 19-20th sees a tag team cluster with Merc/Mars opposite Pluto: the first one Mars opp Pluto as an 'a' wave top on FED day and Mercury shores it up ('b') down on Thursday reversing into the Neptune retrograde Friday June OPEX, which could be up around 60 pts!!

June 23/24 (top on the 24th) revisits the problems we saw with Jupiter and Neptune (June 10/14-16) and down we go again especially after the G20 summit into July 1, a doozy of a drop as we hit a Jup/Sat secondary top that Saturday (works Friday) with a Sun sextile Uranus on Thursday (hopeful topping action before the summit?).

Monday, June 10, 2019

Stock Market Higher To Go? / Stock-Markets / Stock Markets 2019

By: Andre_Gratian

Current Position of the Market

SPX: Long-term trend – Final long-term phase on the way?  How much longer, is the question.

Intermediate trend –  The anticipated intermediate-term correction has started.  C-wave in process.

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 discusses the course of longer market trends. 

Monday, June 10, 2019

The Gold Price Golden Neckline… / Commodities / Gold & Silver 2019

By: Rambus_Chartology

It’s hard to believe that the massive H&S consolidation pattern we’ve been following for several years began to develop all the way back in 2013 during the initial crash off the 2011 high. This weekly line chart shows the price action closing this week right on the neckline at 1350. Note how many touches the neckline has experienced from below with each one backing off. Now the question remains, how may bears are left to defend the 2013 neckline? There is a good chance that if they are exhausted that the price action could just spike right through the neckline this time around completing the massive H&S base which would be long term bullish. Big patterns lead to big moves.

Sunday, June 09, 2019

Gold Price Seasonal Trend Analysis / Commodities / Gold & Silver 2019

By: Nadeem_Walayat

SEASONAL ANALYSIS

The most reliable seasonal patterns are for a strong January and February, weak April, May and July followed by a strong August and September which tends to be the best month of the year. Then the trend is expected to continue into the end of the year with variable reliability for October and November.

Sunday, June 09, 2019

The Fed Stops Pretending / Interest-Rates / US Interest Rates

By: Peter_Schiff

Well, it didn't take much and it didn't take long. After years of delays, a tentative start, many cautious pauses along the way, and a top speed that never really hit cruising velocity, the Fed has taken the first available off-ramp on the road towards policy "normalization." In a speech on Tuesday this week in Chicago, Fed Chairman Jerome Powell delighted Wall Street by signaling that the Fed may soon deliver the gift that investors had been hoping for...the first interest rate cut in almost a decade.

While many savvy economists should have seen this coming, as late as October of last year, almost no one in the financial world thought that the Fed would so easily abandon its long-held bias without a gale force recession blowing them off course. But, in reality, all it took was a light breeze to force a 180-degree turnaround.

Sunday, June 09, 2019

Fed Rate Cuts Soon; Bitcoin Enthusiasts Join Wall Street in Bashing Gold / Commodities / Gold & Silver 2019

By: MoneyMetals

Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason.

Coming up David Morgan of The Morgan Report joins me to discuss the ticking time bomb that is the trade war with China, why he believes flooding in the Midwest could lead to serious price inflation in food, and also gives us his outlook for the precious metals. Don’t miss my conversation with our good friend David Morgan, resource expert and silver market guru, coming up after this week’s market update.

It was a big week for gold, as prices for the yellow metal advanced toward new highs for the year. The gold market is putting in a 3.0% gain this week to trade at $1,345 an ounce.

Gold does face some formidable multi-year resistance in the $1,350 to $1,375 area. But if it can clear that hurdle and then blow through $1,400, it may be off to the races.

Turning to the white metals, silver has a lot more work to do get back on bullish technical footing. Silver’s price performance has lagged behind gold’s so severely that it trades at its biggest discount to gold in nearly 30 years. It could be a once-in-a-generation opportunity to buy silver on the cheap.

Sunday, June 09, 2019

1990s vs. 2010s - Which Expansion Will be Better for Gold? / Commodities / Gold & Silver 2019

By: Arkadiusz_Sieron

Ladies and Gentlemen, we have a tie! The current expansion already lasts as long as the economic boom that started in March 1991 and ended in March 2001. We invite you to read our today’s article, which compares both expansions and find out whether the current boom will be better for gold than the 1990s. 

Ladies and Gentlemen, we have a tie! The current expansion already goes on 120 months, the same as the economic boom lasting from March 1991 to March 2001. However, in the previous edition of the Market Overview, we suggested that the current expansion still has room to run. After all, the ongoing boom is very long, but this is because it is very weak. If the US economy is to replay the robust recovery of the 1990s in terms of GDP growth and not merely in terms of number of months, it could grow for additional couple of years.

Now, let’s compare our growth leaders in a more detailed way and draw valuable conclusions for the economic outlook and the gold market. 

Saturday, June 08, 2019

Gold Price Trend Analysis, MACD, Trend Channels, Support / Resistance / Commodities / Gold & Silver 2019

By: Nadeem_Walayat

TREND ANALYSIS

The gold price trend off the February $1350 high to the recent low of $1269 appears corrective which implies that the Gold price should at least resolve in a trend back to $1350. The downtrend so far has retraced 44% of the rally to $1350 which suggests that downside is limited to 50% at $1259 that is confirmed by recently constructed support in the $1270 region. So it appears the Gold price is forming a bottom right now in preparation for a breakout higher above the down trendline currently at $1290 that compares against the last close of $1286.

Saturday, June 08, 2019

Gold Surges Near Breakout / Commodities / Gold & Silver 2019

By: Zeal_LLC

Gold surged sharply over this past week or so, nearing a major bull-market breakout!  Nearly everyone was surprised by this violent awakening, which erupted suddenly as gold languished around year-to-date lows.  If this dramatic rally has staying power, gold has good odds of achieving decisive new bull-market highs.  That would change everything psychologically, ushering gold and its miners’ stocks back into favor.

Gold has largely flown under traders’ radars this year, mostly drowning in apathy.  Actually this unique asset had a strong start, climbing 4.6% year-to-date by mid-February to hit $1341.  While merely a 10.1-month high, gold was close to a major bull-market breakout.  For several years now, gold has faced stiff resistance around $1350.  It has repelled gold multiple times, looking like an impregnable Maginot Line.

But gold’s promising ascent was short-circuited from there, unleashing a disheartening slump over the next 10 weeks or so.  By early May, gold had retreated 5.2% to $1271.  The primary culprit was resurgent euphoria in the US stock markets.  Equity exuberance has long proven gold’s mortal nemesis.  When stock markets are high and expected to continue climbing on balance, gold investment demand often withers.

Saturday, June 08, 2019

Could Gold Rally Above $3750 Before December 2019? / Commodities / Gold & Silver 2019

By: Chris_Vermeulen

We asked our researchers a question recently, “Could Gold rally above $3750 before the end of 2019?”.  We wanted to see what type of research they would bring to the table that could support a move like this of nearly 200% from current levels.  We wanted to hear what they thought it would take for a move like this to happen and if they could support their conclusions with factual conjecture.

Now we ask you to review these findings and ask yourself the same question.  What would it take for Gold to rally above $3750 (over 200% from current levels) and why do you believe it is possible?

Saturday, June 08, 2019

Stock Market Crash Averted - For Now / Stock-Markets / Stock Markets 2019

By: Avi_Gilburt

In my last article, I outlined how the same news event can “cause” the market to rally 9% at one time, and drop 5% another time. And, then I noted how I am quite certain there will be some of you that will try to explain away this clear lack of consistency with some form of convoluted “logic.”

And, true to form, some of you did. One such commenter noted:

For about eight months, the market stupidly rose in spite of the China trade war because it was in denial. . . I said, the market would fall. The longer the denial continued and the more the market rose, the harder it would fall when it FINALLY realized that China is NOT going to capitulate.

Saturday, June 08, 2019

5 Big Lies About Precious Metals Investing Exposed / Commodities / Gold & Silver 2019

By: MoneyMetals

Physical precious metals serve a unique role in an investment portfolio. Unlike stocks and bonds, gold and silver coins can be held entirely outside of the financial system. They carry zero counterparty risk. They are the ultimate “buy and hold” safe-haven assets.

Unfortunately, investors must often navigate through a barrage of fake news, myths, misinformation, and fraudulent pitches surrounding precious metals before arriving at the simple truth.

Friday, June 07, 2019

ADL Predictive Modeling Suggests A Big Move In Silver / Commodities / Gold & Silver 2019

By: Chris_Vermeulen

Our Adaptive Dynamic Learning (ADL) predictive modeling system is suggesting that Silver is currently well below the projected ADL price level.  We believe the current pricing pressure in Silver is related to global central banks attempt to regulate precious metals prices over the past 24+ months.  We believe the upside move in Gold will eventually roll into Silver and the ADL predictive modeling system is suggesting Silver is currently 34% undervalued.

Our ADL predictive modeling system is capable of identifying highly probable price outcomes in the future by tracking and mapping historically accurate similar price DNA patterns.  The chart below shows exactly why we believe Silver is setting up an ADL price anomaly where a big upside price reversion should take place over the next 30 to 90 days.

Friday, June 07, 2019

US China Trade War Will Start a Recession, or Worse… / Economics / Protectionism

By: Patrick_Watson

The logic of Donald Trump’s multi-front trade war, if there is any, is increasingly obscure.

The tangled mix of policies isn’t accomplishing its stated goals and seems unlikely to ever do so. Meanwhile, it hurts the Americans it should supposedly help.

Regardless, it’s happening, and it has consequences… none of them good.

The president’s latest move to impose escalating tariffs on imports from Mexico is the trade equivalent of “going nuclear.”

Judging by his tweets, Trump thinks it will solve multiple problems: trade, drugs, immigration, and crime.

Friday, June 07, 2019

Land Rover Discovery Sport Brake Pads Expected Life, Worn Pads Dash Warning / ConsumerWatch / Land Rover

By: HGR

How long can you expect your Land Rover Discovery sports brake pads to last? And what happens when they approach the time to replace them in terms of dashboard warning messages. So find out when to budget for replacement brake pads in our latest Discovery sport video.

Friday, June 07, 2019

The Post Room Selfies Fun at Meadowhall Sheffield, From Game of Thrones to Desert Island... / Personal_Finance / Shopping

By: Anika_Walayat

The Post Room, a Free interactive attraction at Meadowhall Sheffied, take selfies across a dozen backgrounds, from being sat on the highly popular Game of Thrones Iron Throne to swinming in the sea in front a desert Island and many more all for FREE!

Find out what it's all about in our latest Meadowhall Sheffield video.

Friday, June 07, 2019

SAMSUNG - South Korean Electronics Giant - Investing in AI Stocks - Video / Companies / Samsung

By: Nadeem_Walayat

Are you ready for the exponential machine intelligence mega-trend?

In this series of videos I present my Top 10 AI stocks to invest in to profit from the exponential machine intelligence mega-trend. Firstly for a primer do check out my earlier two videos with the first illustrating why everything will start to change exponentially by 2022. And the second video explaining how to invest in machine intellgence stocks in terms of accumulating positions and limiting risk.

My Top 10 AI stocks are ranked in terms of risk vs reward and volatility. So I consider my Top 5 stocks as primary, then the next 3 as secondary and the last 2 as far more risky tertiary stocks. And remember that when investing in the stock market that your capital is at risk. There are NO SURE BETS!

Friday, June 07, 2019

Gold Price Rally or New Bull Market? / Commodities / Gold & Silver 2019

By: Jordan_Roy_Byrne

In recent days the market has moved from expecting a rate cut by January 2020 to now expecting as much as three rate cuts by then. As a result both Gold and gold stocks launched higher, forming a “three white soldiers” bullish reversal pattern.

Last week and in previous writings, we noted the importance of the actual rate cut for Gold and gold stocks. Their performance in both nominal and relative terms usually takes hold after the actual cut.

Now, the question is, is this a rally or a bull market? (There is a difference even though financial media talks about multi-year bull moves as “rallies.”)

Friday, June 07, 2019

Digging into the Rising Gold: Trade Tensions, Recessionary Worries and Dovish Fed / Commodities / Gold & Silver 2019

By: Arkadiusz_Sieron

President Trump announced a 5% tariff on Mexican goods. It added to the concerns about the state of the U.S. economy and prompted the Fed officials to soften their language. With no end to the U.S. - China trade dispute in sight, gold jumped above $1,330 in response. Can it move higher still?

Gold Rises on Trade Tensions

Good news for the gold bulls! As the chart below shows, the price of the yellow metal has already crossed the level of $1,330, within spitting distance of the 2019 record high of $1,344. What is happening?