Sunday, October 14, 2018
Bitcoin Breakdown May Push Prices Below $5000 / Currencies / Bitcoin
By: Chris_Vermeulen
Recent market turmoil across the global stock markets has refocused investors on the concerns of global economics, trade, and geopolitical issues – away from cryptocurrencies. The biggest, Bitcoin, has been under extended pricing pressure recently and our research team believes Bitcoin will breach the $6000 level to the downside fairly quickly as extended global market downtrends continue.
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Saturday, October 13, 2018
Next Points for Crude Oil Bears / Commodities / Crude Oil
By: Paul_Rejczak
Thanks to yesterday’s session crude oil lost 3% and approached the previously-broken barrier of $70. In this area oil bears met several other short-term supports, but are they stable enough to stop the sellers in the coming days?
Let’s take a look at the charts below (charts courtesy of http://stockcharts.com).
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Saturday, October 13, 2018
Ban Saudi Oil! / Politics / Saudi Arabia
By: Raul_I_Meijer
According to Middle East Eye, Richard Branson, Andrew Ross Sorkin, Economist editor-In-chief Zanny Minton Beddoes, World Bank president Jim Yong Kim, New York Times, Financial Times, Uber CEO Dara Khosrowshah, Viacom CEO Bob Bakish and AOL founder Steve Case have all withdrawn from Saudi Arabia’s Future Investment Initiative conference, to be held this month in Riyadh. Branson also put a $1 billion investment plan on hold.
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Friday, October 12, 2018
Stock Market Crash: Time to Buy Stocks? / Stock-Markets / Stock Markets 2018
By: Troy_Bombardia
In yesterday’s market study I said that the U.S. stock market would probably fall a little more. Upon further analysis, I said that the S&P would probably fall below its 200 dma to at least 2729.
Lucky call or not, that’s exactly what the S&P did today.
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Friday, October 12, 2018
Has The Stocks Bear Market Begun? / Stock-Markets / Stock Markets 2018
By: Avi_Gilburt
It seems the pundits have lost their way. The reasons for the market moves have now confounded most market participants and pundits to such an extent, and they are stretching so far to provide a reason for a market move, that we have moved from the ridiculous to the sublime.
In the last several years I have outlined how the market has completely ignored the dozens of negative geopolitical events that were supposed to have adversely affected our market as it has continued to rally towards our long-term targets.
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Friday, October 12, 2018
US Transportation Index Suggests Stock Market Bottom May Be Forming / Stock-Markets / Stock Markets 2018
By: Chris_Vermeulen
Our research team, at www.TheTechnicalTraders.com, is alerting our members that the Transportation Index has reached its first level of support near 10,500 and this level may be the start of an extended bottoming formation. If you have been following our research posts, you already know that we predicted this recent downside price swing over 3 weeks ago with our Adaptive Learning Predictive Modeling systems. You will also understand that our modeling systems suggest this move may not end till early November (somewhere between November 8~12). Keeping this in mind, we are now alerting you to be prepared for the following.
Friday, October 12, 2018
Sheffield Best Secondary School Clusters for 2018-19 Place Applications / Local / Sheffield
By: N_Walayat
Firstly the deadline for making online secondary school Year 7 applications is noon 18th October 2018, that's in just 6 days time! Following which is the 31st October paper deadline.
Here is is your definitive answer to the question what are currently Sheffield's best secondary schools based on analysis which ranks the schools in terms of consistency of results, as results can vary from year to year. The graph represents Sheffield's Top 18 secondary schools out of a total of 38 rated in terms of consistency in attaining high rankings in the school league tables from 2001 to 2017 for 5 A-C GCSE's.
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Friday, October 12, 2018
Trump’s Tariffs Echo US Trade Policy That Led to the Great Depression / Economics / Protectionism
By: John_Mauldin
We all wonder if Trump’s trade actions are as random as they appear or if there is a broader strategy.Some of my contacts argue that the relatively strong US economy allows the administration to take a harder line than would normally be advisable. We can ride out a trade war better than China can, the thinking goes.
This only works if the US economy keeps prospering long enough for the tariffs to make China bend.
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Friday, October 12, 2018
US Dollar Engulfing Bearish Pattern Warns Of Dollar Weakness / Currencies / US Dollar
By: Chris_Vermeulen
A unique setup has occurred in the UUP (Invesco DB US Dollar Index) that resembles an Engulfing Bearish type of pattern (even though it is not technically an Engulfing Bearish pattern). Technically, an Engulfing Bearish pattern should consist of a green candle followed by a larger red candle whereas the red candle’s body (the open to close range) completely engulfs the previous candle’s body. In the instance we are highlighting in this article, a unique variation of what we’ll call a “Completely Filled Engulfing Bearish” pattern is setting up.
Friday, October 12, 2018
Gold Action Does Not Make Sense / Commodities / Gold and Silver 2018
By: Avi_Gilburt
I have been hearing for years how gold is manipulated to go down, and is expected to rise when allowed to trade freely. So, according to these manipulation theorists, gold is really only supposed to move in one direction and would never see any corrections.
Yes, I know that sounds ridiculous, but this is a perspective in the market. And this is why so many were not able to foresee the correction which began in 2011.
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Friday, October 12, 2018
Stock Market Storm Crash, Dow Plunges to Trend Forecast! / Stock-Markets / Stock Markets 2018
By: Nadeem_Walayat
Here's my latest analysis update to my stock market trend forecast for the whole of the remainder of 2018 :
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Thursday, October 11, 2018
Gold GDX Is Being Torn Apart / Commodities / Gold and Silver Stocks 2018
By: Avi_Gilburt
Rising interest rates are good for metals. Rising interest rates are bad for metals. We have heard the arguments from both sides. In fact, I think it is no different when people claim inflation is good for gold relative to those who believe deflation is good for gold.
Personally, I don’t think either side is correct, as we have seen periods of time where both sides were seemingly correct. That means we have seen periods of time where both sides were seemingly wrong. So, what does that tell you?
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Thursday, October 11, 2018
SP500 Stock Market Sell Off Well Forecast by President Trump / Stock-Markets / Stock Markets 2018
By: readtheticker
TRUMP said 'we may have to take a hit!. No kidding, with stocks at extreme all time highs, add on the trade wars and you are surely to upset the worlds demand engine (i.e China). Of course you can not change anything with out breaking a few conventions, therefore investors can not be blind to changes in asset prices as president Trump made his intentions very clear. An investor must understand how the markets work, we know algo's work the intra-day market to the upside and after the SP500 95 pt sell off today it looks like they work to the down side. Plus Mr Market wants to find out the level of Powell 'fed put' is. Is it like Mrs Yellen at -10% ? Or is much lower. The things we are about to learn! Maybe the SP500 sell off is the Democrats move against the US president, as he has owned the 2018 rally? If it is President Trump warned all investors on June 4th 2018
Thursday, October 11, 2018
Forget What Phony Government Statistics Say – the "Strong Dollar" Buys Less / Economics / Inflation
By: Dan_Steinbock
Some of last week’s weakness in the stock market was attributed to surprisingly week jobs report on Friday. Non-farm payrolls came in significantly below projections.
However, much of that weakness was explained by Hurricane Florence. nd the headline unemployment rate dropped to 3.7% – the lowest in almost 50 years.
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Thursday, October 11, 2018
The First Casualty of Trade War Is Truth / Politics / Protectionism
By: Dan_Steinbock
As Trump tariffs continue to spread, an ideological war of words is redressing harsh protectionist realities. What is the state of Chinese growth amid the US tariffs? And what is the impact of the trade wars on global economic prospects?Recently, US academic Yasheng Huang argued on Wall Street Journal that “Jack Ma is retiring. Is China’s economy losing steam?” By the same logic, Elon Musk’s forced resignation from Tesla would mean US slowdown.
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Thursday, October 11, 2018
USD and US Tr. Yields Retreat, GBP Gains on Brexit-deal Report / Currencies / Forex Trading
By: C_Pissouros
The dollar traded lower against its major peers on Tuesday as US Treasury yields pulled back after hitting a new high. The pound was among the main gainers, surging after a report noted that the terms of the UK’s exit from the EU could be settled next week.
USD Pulls Back as US Treasury yields Come off Their Highs
The dollar traded lower against all but one of the other G10 currencies on Tuesday. It managed to gain fractionally only against SEK. The main winners against the greenback were NZD, GBP and AUD in that order, while the currency that gained the least was JPY.
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Thursday, October 11, 2018
Loss Of Yield Curve "Shock Absorber" Could Mean A Rough Ride Ahead For Markets & Housing / Interest-Rates / US Interest Rates
By: Dan_Amerman
Two important financial cycles are currently converging for the first time in more than ten years, and how they work in combination can provide key information about the future value of our retirement portfolios, the future prices of our homes, and even when the next recession may hit.
A continuing cycle of interest rate increases by the Federal Reserve has pushed Fed Funds rates up 2% from their floor. This same cycle has contributed to rapidly rising long term interest rates, with 10 year Treasury yields rising to 3.22% by the market close on October 5th, 2018.
This sharp surge in interest rates has led not only to falling bond prices, but to tumbling stock prices as well.
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Thursday, October 11, 2018
Just How Bearish is the Stock Market’s Breadth? / Stock-Markets / Stock Markets 2018
By: Troy_Bombardia
Mainstream financial media is tripping all over itself about “the stock market’s terrible breadth and why the stock market will crash”. Because hey, bad news sells like hot cakes.
*A lot of traders have an obsession with breadth. The reality is simple: with dozens of breadth indicators, there will always be one that screams bearish.
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Thursday, October 11, 2018
“A Loaf Of Bread, A Gallon Of Gas, An Ounce Of Gold” Revisited / Currencies / Inflation
By: Kelsey_Williams
One of the earliest articles I wrote was “A Loaf Of Bread, A Gallon Of Gas, An Ounce Of Gold”. The information contained in the article is basic to a fundamental and accurate understanding of gold.
The convolution and complication of basic fundamentals reigns supreme in almost all analysis of gold. That is unfortunate, because it obscures the simple truth.
The simple truth is that gold is real money. Even that simple truth, however, deserves some further explanation.
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Thursday, October 11, 2018
Transportation Breakdown Hinting to Global Economic Weakness? / Stock-Markets / Stock Markets 2018
By: Chris_Vermeulen
Our research team highlighted the recent breakdown in the Transportation Index ($TRAN) as a very strong sign that the global economy and US economy may be starting to show early signs of weakness.
The Transportation Index typically leads the markets by about 3 to 6 months (on average). When we see a big breakdown in the Transportation index, as we’ve seen recently, it immediately raises red flags that one or more component of the global markets may be crashing. At this point in the Seasonal Cycle, one could expect the Transportation Index to rotate lower a bit. Our concern is that global economic factors may be driving China and other markets into much deeper corrections – which could cause the US and other world markets to correct a bit further.
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