Tuesday, September 11, 2018
USD/JPY - Profitable Opportunity Just Ahead of the Bulls? / Currencies / Japanese Yen
Despite the Thursday’s closure below the lower border of the consolidation and the Friday's drop to the lowest level for more than two weeks, the bulls kept cool and reborn in recent days, erasing almost entire recent move to the downside. Will the pro-growth formation that is drawing on the horizon encourage them to fight for higher values of USD/JPY in the coming days?
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Tuesday, September 11, 2018
China Extends its Stocks Bear Market / Stock-Markets / Stock Markets 2018
Starting off with the Shanghai Index, which probed beneath the August low this morning. This confirms that Wave (3) may not be complete. Three other indicators of that analysis are, First, Head & Shoulders, when the neckline rests at the bottom of a Wave (1), indicate the minimum target for Wave (3). Next, the Cycles Model does not indicate a Master Cycle low until late October. Finally, a Wave (3) should terminate well beneath the daily Cycle Bottom. There’s still work to do!
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Tuesday, September 11, 2018
Best Car Jump Starter 2018 Review - Oittm 1500A Peak Current Battery Booster / Personal_Finance / Motoring
This a review of the Oittm car jump starter that can apparently jump start a 6.5 litre diesel engine that I bought from Amazon for £80. My wife's car battery fails every few months probably because of the way she drives with lights permanently on. So I was hunting for a compact car battery jump starter so I don't need to come out and Jump start the car every few months and finally settled on this one by Oittm because it also has 2 USB ports so I can use to for more than just Jump starting cars i.e. a mega battery pack when out and about.
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Tuesday, September 11, 2018
The Downside For Oil Price Is Limited / Commodities / Crude Oil
More than two weeks of nearly uninterrupted price gains for crude oil ended this week, with the rally running out of steam. The question is what happens next?
Oil prices posted steep losses just as the bulls were back on the march. WTI briefly topped $70 per barrel in recent days and Brent was flirting with $80. But the rally was kneecapped by a variety of factors, and it could be challenging to break above those key pricing thresholds in the near future.
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Tuesday, September 11, 2018
AUD/USD Remains in Downtrend and AUD/NZD in Uptrend / Currencies / Austrailia
The daily chart of AUD/USD suggests that the pair is in a significant downtrend below 0.7200.
Key Points
- The Aussie dollar started a major downtrend from the 0.8000 barrier against the US Dollar.
- The AUD/USD pair recently broke a crucial declining channel with support at 0.7140 on the daily chart.
Tuesday, September 11, 2018
Index Put/Call Ratio spiked. What this Means for the Stock Market / Stock-Markets / Stock Markets 2018
The CBOE’s Index Put/Call Ratio spiked yesterday to 1.78
The Index Put/Call Ratio (CPCI) is different from the Equity Put/Call Ratio (CPCE). The Index Put/Call Ratio measures index options as opposed to equity options. For a more detailed explanation, go to Stockcharts.
The stock market made a short-medium term rally the last 2 times the Index Put/Call Ratio spiked to at least 1.77
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Tuesday, September 11, 2018
ALERT: Gold-to-Silver Ratio Spikes to Highest Level in 27 Years! / Commodities / Gold and Silver 2018
The gold-silver ratio has been one of the most reliable technical ‘buy’ indictors for silver, whenever the ratio climbs above 80. The gold-to-silver ratio has now spiked above 85, which is the highest level of this entire 18-year bull market! In fact, you have to go back 27 years to 1991 for the ratio to be higher than it is today. Amazingly, the ratio is currently higher than it was at the depths of the 2008-09 financial crisis (circled in the chart below).
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Tuesday, September 11, 2018
Obama's Zombie Followers / Politics / US Politics
Barack Hussein Obama has emerged from his crypt. One of the time-honored practices when a President leaves office has been that they fade into the obscurity of retirement. As witnessed with George W. Bush, the public has not been burdened with his political involvement or wisdom of his years as commander and chief. The same cannot be said about Obama, the perpetual narcissist former head of state. This globalist CIA President caused severe damage to the Republic that any rational citizen would readily admit. Yet, this failed X-President has never shed his vision of grandeur. If anyone doubts about this assessment just reflect on his latest 64-minute speech. President Barack Obama Rips President Donald Trump: Full Speech 9/7/2018.
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Tuesday, September 11, 2018
Stock Market Trend Forecast Update / Stock-Markets / Stock Markets 2018
It's now nearly 2 months since I published my stock market trend forecast for the whole of the remainder of 2018 on the 21st of July 2018 which was first made available to Patrons who support my work. So to get immediate First Access to ALL of my analysis and trend forecasts then do consider becoming a Patron by supporting my work for as little as just $3 per month. https://www.patreon.com/Nadeem_Walayat.
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Tuesday, September 11, 2018
Transportation Index Leads Stock Market Higher / Stock-Markets / Stock Markets 2018
The recent upside breakout seen in the US Transportation Index is a very important signal for traders. Our research team has been following these moves for many months and we believe the recent upside breakout in the $TRAN is a strong sign of future US Equities price moves and all traders should be paying very close attention.
The Transportation Index typically leads the US Equities markets by about 3 to 6 months. Transportation is one of the core elements of economic activity. Items entering the US or distributed throughout the US must rely on transportation to ship/deliver these goods to resellers, wholesalers, and ports. When the Transportation Index rises, one should expect the economic activity to continue to increase.
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Tuesday, September 11, 2018
What Personality Traits Do You Need to Be a Successful Trader? / InvestorEducation / Trader Psychology
When you first start trading, you’ll find there are tons of resources out there. While this can be a good thing, it can also become quite overwhelming. In order to be a successful trader, you need a mix of knowledge and the right personality traits to succeed. All the knowledge in the world won’t help you if you’re impatient and blow your money quickly. In this article, we’re going to look at the personality traits you need to become a successful trader.
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Monday, September 10, 2018
Stock Market Upward Reversal or Just Rebound? / Stock-Markets / Stock Markets 2018
The broad stock market slightly extended its short-term downtrend on Friday, as investors continued taking profits off the table after the recent record-breaking rally. However, the S&P 500 index remains relatively close to its record high. Is this a topping pattern or just a pause before another leg up?
The U.S. stock market indexes lost 0.2-0.3% on Friday, slightly extending their short-term downtrend, as investors reacted to the monthly jobs data release. The S&P 500 index has reached the record high of 2,916.50 on August the 29th. It currently trades 1.5% below that high. Both, Dow Jones Industrial Average and the technology Nasdaq Composite lost 0.3% on Friday.
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Monday, September 10, 2018
How Trump Could Fire Powell and Rebuild the Fed / Politics / US Federal Reserve Bank
BY PATRICK WATSON : In recent weeks, Trump criticized Federal Reserve Chairman Jerome Powell several times. He doesn’t like that Powell is leading the Fed to raise interest rates.Past presidents avoided such comments so they wouldn’t appear to be interfering. But Trump doesn’t care about appearances.
The Fed is somewhat insulated from electoral politics. The chair and board members have fixed terms. Its composition changes slowly... but it doesn’t have to.
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Monday, September 10, 2018
Why the US Navy Is the Best Sector to Invest in Now / Companies / US Military
BY ROBERT ROSS : Defense stocks are booming big time.The iShares US Aerospace & Defense ETF (ITA) just hit an all-time high last week:
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Monday, September 10, 2018
Should You be Worried About the Rising U.S. Dollar? / Currencies / US Dollar
The U.S. Dollar Index has been going up over the past 5 months, driven higher by Trump’s trade war.
This has some stock market traders worried, because economic theory states that “a rising U.S. Dollar is bad for the economy and stock market”.
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Monday, September 10, 2018
The Coming Global Liquidity Crisis…The Kick Off of the Post Bubble Contraction / Stock-Markets / Financial Crisis 2018
We have seen how the PBC has now begun and is making itself felt around the world starting at the periphery of the global economy, next moving to the senior markets of the world and eventually being transmitted to the core of the financial system. As of now the US markets do not reflect any impact of the PBC, however there are signs it is fast approaching.
Tesla- Canary in the coal mine
So far US markets don’t seem to care what is happening in other markets around the world. US Markets seem impervious. A few months ago I pointed out that as long as Tesla stays elevated the US market should remain fine. Call Tesla the canary in the coal mine. Tesla continues to operate for one reason only- easy money. Remove the liquidly spigot and Tesla ceases to exist. This company is so obviously a fraud on stock holders, yet it whistles past the graveyard with each outrageous act of its “nut job” CEO. Simply put, as long as stock holders suspend reality in Tesla they are willing to believe anything.
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Monday, September 10, 2018
Will Stock Market Support Hold? / Stock-Markets / Stock Markets 2018
Current Position of the Market
SPX: Long-term trend – The bull market is continuing with a top expected in the low 3000s.
Intermediate trend – Another correction has started which could conceivably continue into mid-October.
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, September 10, 2018
Gold Price 2018 Trend - Video / Commodities / Gold and Silver 2018
In this series of 5 videos I will conclude in a detailed trend forecast for the Gold price for the whole of the remainder of 2018. However the whole of this analysis was first made available to Patrons who support my work on the 9th of September. So to get immediate First Access to ALL of my analysis and trend forecasts then do consider becoming a Patron by supporting my work for just $3 per month. https://www.patreon.com/Nadeem_Walayat.
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Monday, September 10, 2018
Lehman and Normalcy Bias / Stock-Markets / Financial Crisis 2018
It is now September. The time of year that the fright forecasters live for. Their dispatches grow more and more desperate. Tragedy lies just on the horizon. ‘Buy our products now’ they say or ‘reap the whirlwind’. We are now just a few days from the 10th anniversary of the Lehman Weekend Extravaganza which was the official start date of what stuffed shirts in media and politics call the ‘Great Recession’.
On the US side of the Atlantic, the goings on since have edged people into what is called normalcy bias. How can that be you might ask; the Dow has quadrupled since 3/6/2009. That’s an average annual return over double the market’s average annual return over the prior 100 years. The sad thing is there is not a single average investor we know of who has seen their paper stocks quadruple in the last ten years. Those types of gains are reserved for hedge funds, and JP Morgan’s trading desk, not the average person. The idea that the playing field is level is so ludicrous it is actually funny.
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Monday, September 10, 2018
U-Turn or Perfect Storm? Globalization a Decade after the Financial Crisis / Economics / Global Economy
A decade ago, globalization peaked. Today, it remains in the doldrums. Consequently, the Trump trade wars take place at a historical moment, when globalization may further stagnate or even fall apart.On Friday September 7, President Donald Trump threatened to impose tariffs on $267 billion in Chinese goods, on top of the additional $200 billion that he said will likely be hit with import taxes in a matter of days.
If the tariff stakes would increase close to $500 billion, it could penalize Chinese GDP by 1.0%, but the US GDP, which is relatively more vulnerable, would suffer a net impact of 2.0% of GDP.
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