Monday, February 18, 2019
It's Blue Skies For The Stock Market As Far As The Eye Can See / Stock-Markets / Stock Markets 2019
By: Avi_Gilburt
We have all heard it. Many times through history, the hubris of analysts, economists, and market participants has been on display when markets rally extremely strongly. In fact, such hubris often accompanies major market tops. And, history has taught us that most of them are quite severely near sighted.
Allow me to show you some examples.
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Monday, February 18, 2019
Shopify (NYSE:SHOP) – Bullish Flag Breakout Higher / Companies / Company Chart Analysis
By: ElliottWaveForecast
Shopify (NYSE:SHOP) is an electronic commerce company offering online stores and retail point of sale platform designed for small and medium-sized businesses. Merchants can design, set up and manage their shops using a single interface which make is an easy and attractive way to start up a business in few clicks.
E-commerce industry been around for almost 3 decades, but the recent 10 years saw a significant growth and with new technologies it took it to the next level which has transformed the processes of buying and selling goods.
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Monday, February 18, 2019
IBM Stock Long Term Bullish Trend and Elliott Wave Cycles / Companies / Company Chart Analysis
By: ElliottWaveForecast
Firstly I would like to mention Big Blue has been around for over 100 years since it was founded. I have price data that goes back to the 1960’s when the stock price was around three dollars. The point of this article is to show what Elliott Wave technical analysis suggests will happen before the stock price resumes the larger uptrend.
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Monday, February 18, 2019
Stock Market Correction is Due / Stock-Markets / Stock Markets 2019
By: Andre_Gratian
Current Position of the Market
SPX: Long-term trend – Long-term trend resuming?
Intermediate trend – Initial rally is coming to an end.
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.
Sunday, February 17, 2019
Iran's Death Spiral -- 40 Years And Counting / Politics / Iran
By: Steve_H_Hanke
Today, Supreme Leader Khamenei and the mullahs celebrated the 40th year of Iran’s Islamic Revolution. With the exception of the Revolutionary Guard and “the beards,” as the hard core have been dubbed, few in Iran have much to celebrate. In the economic sphere alone, Iranians have been in a forty-year death spiral. And, let us not forget the estimated 750,000 Iranians who were slaughtered in the Iran-Iraq War (1980-1988).
Like the slaughter in that bloody war, the Iranian rial has been slaughtered, too. At the time of the Revolution, the rial fetched 70.5 per U.S. dollar. Today, it takes 122,500 rials to get a greenback. Thanks to the Revolution, the value of the rial has been decimated. The recent picture of the rial’s black market (read: free market) plunge is shown in the chart below.
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Sunday, February 17, 2019
Venezuela's Opposition Is Playing With Fire / Politics / Venezuela
By: Steve_H_Hanke
The Maduro government has put Venezuela in Satan’s record books. That hellish distinction is because Venezuela is in the grip of one of the world’s 58 episodes of hyperinflation. Hyperinflation occurs when the monthly inflation rate exceeds 50%/mo. for at least 30 consecutive days. Of the 58 episodes of hyperinflation, Venezuela’s inflation rate is middling: it ranks as the 23rd most severe episode. Today, I measured Venezuela’s annual rate of inflation at 132,743%/yr. (see the chart below). This contrasts sharply with the National Assembly’s lying statistic of 1,698,488%/yr. for December 2018 and the IMF’s absurd forecast of 10,000,000%/yr. for December 2019.
Sunday, February 17, 2019
Dow Jones Gann Angle Update / Stock-Markets / Stock Markets 2019
By: readtheticker
Let's review the Dow Jones Industrial Gann Angles and its secret sauce dominate cycle.
Dow Jones hit upper resistance Gann angle early 2019, a sell of followed, now the bounce works its way through the down ward Gann Angle, a fail at either make or break point will see the bounce sell off, and that may get very interesting!
Sunday, February 17, 2019
Fed Chairman Deceives; Precious Metals Mine Supply Threatened / Commodities / Gold & Silver 2019
By: MoneyMetals
Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason.
Coming up Chris Martenson of PeakProsperity.com and famous author of The Crash Crouse and his latest book Prosper! joins me to dissect what’s behind the Yellow Vest movement in France and why the mainstream media and those in power simply don’t want you to know what’s really going on there. Chris also tells us which precious metal he most favors right now. Don’t miss another wonderful interview with the great Chris Martenson, coming up after this week’s market update.
In a recent speech, Federal Reserve chairman Jerome Powell told some real whoppers. We’ll address his misrepresentations head on, in just a bit.
But first, let’s review this week’s market action. Despite drama in Washington over averting a government shutdown and prompting President Donald Trump to declare a national emergency on the border, nothing too dramatic is happening in the gold market.
Prices are trading in a tight range, coming in essentially unchanged from last Friday’s close. Gold currently trades at $1,316 per ounce.
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Sunday, February 17, 2019
Here We Go – Get ready for the Stock Market Breakout Pattern Setup / Stock-Markets / Stock Markets 2019
By: Chris_Vermeulen
We are writing this post today with a few forward-looking expectations while attempting to warn traders that some extended rotation is likely to enter the markets over the next 30+ days. If you’ve been following our research, you’ll know that we’ve been calling these move months in advance of other researchers and analysts. Our September 17, 2018 research post highlighting our Adaptive Dynamic Learning predictive modeling system suggested the US stock markets were poised for a massive price rotation followed by a very unique price setup that we are experiencing now.
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Saturday, February 16, 2019
My Favorite Real Estate Strategies: Rent to Live, Buy to Rent / Housing-Market / US Housing
By: Harry_Dent
Did you read Andrea Riquier’s two articles on Market Watch last year about real estate strategies?Definitely worth it!
The first was “The new housing play: helping priced-out renters become long-distance landlords.”
It was a strategy aimed at people living in unaffordable areas like San Francisco, Los Angeles, Miami, or New York.
Rent in those areas to avoid the high purchase costs and a major bubble burst (when it inevitably comes). Then use your freed-up borrowing power to buy a house in an affordable area where renting for income is more lucrative, and far less risky. We’re talking places with high percentages of single-family rentals, like Detroit, Las Vegas, or Kansas City and a few more listed below.
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Saturday, February 16, 2019
After 8 Terrific Weeks for Stocks, What’s Next? / Stock-Markets / Stock Markets 2019
By: Troy_Bombardia
It’s been a terrific 8 weeks for the stock market. If anything, this proves that in the stock market, an objective investor/trader needs to have a long term bullish bias.
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Saturday, February 16, 2019
Schumer & Sanders Want One Thing: Your Money / Politics / US Politics
By: Rodney_Johnson
Senators Bernie Sanders and Chuck Schumer have proposed legislation that would stop public companies from paying dividends or buying back their shares unless they first meet certain conditions.The senators aren’t worried about viability (companies are financially stable before they send cash back to their shareholders). Instead, they want to verify that companies have done enough to support employees before they give anything back to investors.
That’s not so subtle code for, “Make sure you redistribute wealth before giving anything back.”
The senators make their case by pointing to last year’s tax reform and how much of the corporate windfall was spent on stock buybacks (almost $1 trillion), even as companies refused to invest, closed locations, and fired employees.
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Saturday, February 16, 2019
What Could Happen When the Stock Markets Correct Next / Stock-Markets / Stock Markets 2019
By: Harry_Dent
I hate to be so cynical, but the markets love to fool as many people as possible, bulls and bears alike. This is especially true at key turning points and even more so in extreme bubbles like the one we’ve been in since late 1994, with this final phase – and it’s unprecedented QE and tax cuts – since early 2009.This final rally (since 2009) is all “hot air.”
This recovery has been the weakest ever in real GDP, capital spending, employment growth, and productivity (I’ll talk about this in more detail in the upcoming February edition of The Leading Edge).
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Saturday, February 16, 2019
Bitcoin Your Best Opportunity Outside of Stocks / Currencies / Bitcoin
By: Harry_Dent
I just gave my second keynote for a major, top-secret crypto conference. It was SO secret, the organizer didn’t disclose the location on the website and only let us know where to travel to at the last minute.These techno visionaries want a bottoms-up world like me, but with total transparency and total privacy! And that’s what Blockchain technologies are all about. In fact, I see that as the next revolution to follow the internet.
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Saturday, February 16, 2019
Olympus TG-5 Tough Camera Under SEA Water Test / Personal_Finance / Travel & Holidays
By: HGR
The ultimate test for the Olympus TG-5 waterproof camera is if it survives being take into the sea. So lets see if the TG-5 survives being plunged under sea water in our latest TG-5 series of videos as we test to see if the camera lives up to its primary sales pitch of being waterproof.
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Saturday, February 16, 2019
"Mi Amigo" Sheffield Bomber Crash Memorial Site Fly-past on 22nd February 2019 VR360 / Local / Sheffield
By: Anika_Walayat
2019 marks the 75th anniversary of the crash of a US B17 Flying Fortress bomber in Endcliffe Park, Sheffield on the 22nd of February 1944 costing the lives of the 10 member crew of the "Mi Amigo". In commemoration of which a fly past will take place on the 22nd of February 2019 at 8.45am at Endcliffe Park that will include an F15 fighter jet from RAF Lakenheath, other aircraft to include Ospreys, Typhoons and a Dakota.
Here's a unique view of the memorial site in VR 360.
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Friday, February 15, 2019
Plunging Inventories have Zinc Bulls Ready to Run / Commodities / Metals & Mining
By: Richard_Mills
On Tuesday zinc inventories in London Metal Exchange (LME) warehouses sunk into territory that one metal analyst believes could signal a major price kick for the base metal, used mostly for galvanizing steel to prevent corrosion.
The one-year chart below shows LME inventories falling steadily, touching the 108,425-tonne mark as of Feb. 11 - a 52-week low. It’s a long way from the annual high of 256,175 tonnes reached in August.
Cormark Securities mining analyst Stefan Ioannou said last fall that if zinc supply drops 2,000 to 3,000 tonnes a day it would be a very bullish price signal, especially if inventories go as low as 100,000 tonnes. The one-week chart shows zinc inventories dropping from 112,750 tonnes on Feb. 5 to 108,500t on Feb 11 - a fall of 4,250 tonnes, and within only 8,000 tonnes of Ioannou’s100,000t target zone.
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Friday, February 15, 2019
Gold Stocks Mega Mergers Are Bad for Shareholders / Commodities / Gold and Silver Stocks 2019
By: Zeal_LLC
The world’s two biggest gold miners both announced mega-mergers over the past 5 months or so. These huge deals briefly garnered some interest in the usually-forgotten gold-stock sector, and fleeting praise from Wall Street analysts. But gold-stock mega-mergers are bad news for gold-miner shareholders on all sides. They reveal the serious struggles of major gold miners, and really retard future upside in their stocks.
For decades the largest gold miners in the world have been Newmont Mining (NEM) and Barrick Gold (ABX). These behemoths have long dwarfed all their peers in operational scope. While the gold miners are in the process of reporting Q4’18 results now, their latest complete set remains Q3’18’s. As after every quarterly earnings season, I analyzed them in depth for the major gold miners of GDX back in mid-November.
The GDX VanEck Vectors Gold Miners ETF is the world’s leading and dominant gold-stock investment vehicle. In Q3 alone NEM and ABX mined a staggering 1286k and 1149k ounces of gold! To put this in perspective, the average of the next 8 largest gold miners rounding out the top 10 was just 508k ounces. Newmont and Barrick have long been in a league of their own, with commensurate market capitalizations.
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Friday, February 15, 2019
Retail Sales Crash! It’s 2008 All Over Again for Stock Market and Economy! / Stock-Markets / Stock Markets 2019
By: Troy_Bombardia
On a slow moving day for the U.S. stock market, today’s big news is that “Retail Sales crashed, just like in 2008/2009!!!”. Financial media jumped all over this – nothing sells like bad news.
Friday, February 15, 2019
Chinese Lunar New Year Sales in line with Expectations / Economics / Retail Sector
By: Dan_Steinbock
According to some international observers, the Lunar New Year sales indicate a plunge in Chinese consumption. Economic realities tell a different story.Chinese Lunar New Year can be seen as a barometer for Chinese private consumption, due to gift-giving and family reunions. Consequently, both holiday data and its international coverage are of great interest.
Here’s the bottom line: During the Lunar New Year holiday in early February, Chinese retail and catering businesses generated a record over 1 trillion yuan ($148 billion). Sales by retail businesses rose 8.5% from a year earlier.
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