Tuesday, August 28, 2018
Rise in Number of UK Credit Impaired Mortgage Deals / Housing-Market / Mortgages
The number of residential mortgages available has been increasing steadily over the past year as lenders look to diversify their range of products to attract different types of customers. As a result, the latest figures from Moneyfacts.co.uk show that the number of credit-impaired mortgage deals on the market has risen by 118 in the last six months.
Read full article... Read full article...
Tuesday, August 28, 2018
Dow Stock Market Trend Forecast Update / Stock-Markets / Stock Markets 2018
It's now over 1 month 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.
Read full article... Read full article...
Tuesday, August 28, 2018
Gold And U.S. Dollar, Buffett, Trump, – Nothing Has Changed / Commodities / Gold and Silver 2018
“Even in the U.S., where the wish for a stable currency is strong, the dollar has fallen a staggering 86% in value since 1965, when I took over management of Berkshire…” — Warren Buffett Feb2012
During that same period (1965 – 2012) the price of gold increased from $35.00 per ounce to more than $1800.00 per ounce – a whopping 5000%. Seven years ago this month (August 2011), the price of gold peaked at $1879.00 per ounce, and has since fallen 30% to approximately $1200.00 per ounce currently. That drop in price is the inverse reflection of the U.S dollar’s temporary strength and stability, which is up by 30%. You can see that on the chart GOLD PRICES AND US DOLLAR CORRELATION below…
Read full article... Read full article...
Tuesday, August 28, 2018
S&P, Russell 2000, and NASDAQ all made new highs together. What’s Next / Stock-Markets / Stock Markets 2018
The S&P 500, Russell 2000 (small caps), and NASDAQ all closed at all-time highs together last Friday for the first time since January 2018.
Read full article... Read full article...
Tuesday, August 28, 2018
Semi Conductor Stocks Sector Warning or a Buy? / Stock-Markets / Stock Markets 2018
We began tracking this negative divergence in NFTRH last year as the leadership of two premier Semi Equipment companies began to decelerate vs. the broad sector.
Read full article... Read full article...
Tuesday, August 28, 2018
What Are the Penalties for Not Having Business Insurance? / Companies / Insurance
When you reach the point of perusing the insurance products available for your business, you could understandably feel bewildered by the sheer range of options. There are, indeed, many different forms of business insurance available - and this could give you an increasing sense of dread...After all, how can you be certain that you are taking out the right insurance policies to prevent being hit with penalties? Here are details of potentially applicable punishments and how to avoid them...
Read full article... Read full article...
Monday, August 27, 2018
SPX Making New Highs, But Nearing a Reversal / Stock-Markets / Stock Markets 2018
SPX is making even newer all-time highs, so it’s time to get out the calculator to find what new targets there may be. The next Pivot date is Wednesday, which is day 266 in the Master Cycle, 8 days beyond the mean. It is also a Primary Cycle pivot, which is often associated with Cyclical strength leading up to it. The two red Fibonacci calculations appear to be the most likely, given the short time available to make that high. However, we cannot rule out the top calculation at 2948.70, should there be a panic buying period.
Read full article... Read full article...
Monday, August 27, 2018
What’s Next for Stocks When the Yield Curve Inverts / Stock-Markets / Financial Markets 2018
Even though the 10 year – 3 month yield curve is the more useful & timely yield curve, the 10 year – 2 year yield curve is still the most popular yield curve. The 10 year – 2 year curve is almost inverted.
Read full article... Read full article...
Monday, August 27, 2018
Stock Market Sluggish New High / 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 – Limited uptrend
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, August 27, 2018
Stock Market Setting Up For A Bigger Pullback / Stock-Markets / Stock Markets 2018
Our researchers at Technical Traders Ltd. have identified a potential in the markets that many people may have overlooked or are not prepared for. The recent strength in the markets has skewed many opinions toward the bullish perspective as the S&P, DOW, Transports and Nasdaq have all pushed towards new all-time highs.
We are writing this research post to alert our followers that we believe the US Indices and major markets may be setting up for a moderately deep price pullback that could be in excess of 5% or more.
Our proprietary price modeling systems and advanced learning models are warning us that the upside trend is likely still in place, yet there is a growing and stronger potential for a price pullback that could result in a 4~7% pullback in the near future. We want to alert all our followers that we believe an immediate price pullback is setting up and to protect your long positions.
Read full article... Read full article...
Monday, August 27, 2018
Remembering Thousands of Children that Died Because John McCain Advocated Bombing Them / Politics / US Politics
Let’s try a different angle. How about the world through the eyes of children’s? I don’t want to dwell on John McCain, too many people already do today, but I would suggest that your thoughts and prayers are with the souls of the hundreds of thousands of children that died because McCain advocated bombing them. Or, indeed, 50-odd years ago, were bombed by him personally. I wanted to leave him be altogether, don’t kick a man when he’s down, but I can’t get the image out of my head of him singing “Bomb, bomb, bomb, bomb, bomb Iran”.
To remember that, perhaps the most vile and infamous thing he’s ever done (it’s in the top ten), and then see someone like Ocasio-Cortez say he was an “unparalleled example of human decency”, it’s almost comedy. But not as funny as when in the 2008 campaign the woman in the red dress asked him if Obama was an Arab, and he responded: “No, ma’am. No, ma’am. He’s a decent, family man, citizen that I just happen to have disagreements with on fundamental issues and that’s what this campaign is all about”.
Read full article... Read full article...
Monday, August 27, 2018
The FTSE 5 Point Broadening Stock Market Top / Stock-Markets / UK Stock Market
Pattern – price has moved down off the high and in the process has set up a bearish double top, denoted by the horizontal line. These double tops that form just below the high are generally very bearish as they are with the trend.
Read full article... Read full article...
Monday, August 27, 2018
Cadbury Easy to Win Premier League Match Football Tickets and 1 Million Prizes! / Personal_Finance / Freebies and Comps
Cadbury have launched a new promotion in conjunction with the Football Primer League with well over 1 million prizes! So it appears to be one of those very easy to win promotions where shoppers can bag multiple prizes that range from the top prize of a pair of VIP match day tickets (X10), all the way to 1 million Cadbury FC Goodies.
So find out in our latest video of exactly what you need to to win multiple prizes in this easy to win promotion that runs until 26th October 2018.
Read full article... Read full article...
Sunday, August 26, 2018
The PetroDollar Matrix / Currencies / US Dollar
At the forefront of the media’s attention today is Russia. We’re not really sure why, (well, of course we are) but it seems that Russia has become the new boogeyman. Everything is Russia’s fault. I’ve even heard rumors that the National Weather Service has plans to blame Russia for all the confounded rain in the Northeast and Mid-Atlantic this summer. We know – right away you’re thinking this is going to be about Russia but it’s really not. It’s about what the media isn’t telling you. It’s why (we believe), Trump’s Tweets, Ivanka’s Sweets, Russiagate, the left’s hate, the right’s hate (aka, establishment theatre) are all taking the headlines while a very disturbing trend is left in plain sight. It’s the 800-pound gorilla in the room during any discussion involving economics and geopolitics, but nobody wants to talk about it.
Read full article... Read full article...
Sunday, August 26, 2018
USD/JPY Forex Trend Forecast / Currencies / Japanese Yen
Pattern – I believe a top is in place at 113.21 and a new downtrend has begun with price in the process of putting in a lower high. While it is possible that the first lower high is already in place, it is my belief that is not the case and a 5 point broadening low formation is in play with price currently on its way up to a point 4 high which will be the lower high. Considering the likely point 5 low is much lower, I am essentially viewing this formation as just a continuation pattern. The point 2 highs is at 112.50 and price turning back down at that lower would set up a bearish lower double top and that is certainly a very valid possibility.
Read full article... Read full article...
Sunday, August 26, 2018
Gold has Reversed. Will the Bounce Continue? / Commodities / Gold and Silver 2018
Gold has been in a very strong downtrend until this past week. But thanks to this week’s bounce, gold has snapped its 6 week loss streak.
Read full article... Read full article...
Sunday, August 26, 2018
Trade Wars, the Dollar and Precious Metals / Commodities / Gold and Silver 2018
Rob McEwen, chairman and chief owner of McEwen Mining and former CEO of Goldcorp, speaks to Streetwise Reports about the impact of trade wars on the dollar and precious metals, where he sees the growth in precious metals equities, and how he plans to qualify McEwen Mining for the S&P 500.
The Gold Report: Prices of some commodities have been falling. What are your thoughts on the current commodities market?
Rob McEwen: The commodities market has been adversely impacted by the strong dollar and the discussion of a trade war possibility, which may already be happening. With the economies of America, Europe and Asia picking up, most investors are asking, why buy gold or silver? The dollar is the key. When it starts dropping, we will see the price of gold, silver and all commodities improve.
Read full article... Read full article...
Sunday, August 26, 2018
How The Credit Market Is Doing in 2018 / Interest-Rates / Financial Markets 2018
....
Saturday, August 25, 2018
Golds Wyckoff Price Road Map / Commodities / Gold and Silver 2018
Applying Richard Wyckoff and Richard Ney logic. (A wealth of knowledge on this subject is disclosed via the RTT Plus service found at readtheticker.com)
Question: Is there evidence to suggest a accumulation within gold.
First, we must understand gold is controlled large positions of : futures longs, futures shorts, futures calls buy and sell, futures puts buy and sells. Each of these will be large and must be positioned before a powerful move higher or lower can occur.
1) The sharp sell off during 2013/14/15 allowed the shorts to profit, short covering occurred late 2015/16/17. The short trade from the 2011 high is done! This is good news for bulls as these positions are mostly cleared.
Saturday, August 25, 2018
Financial Markets Status: Precious Metals, Commodities, US & Global Stocks / Stock-Markets / Financial Markets 2018
A general review of the current status across different asset markets. This is not comprehensive, forward-looking analysis as per NFTRH, but it is an up to the minute summary (as of Friday afternoon).
Precious Metals
Gold, silver and gold stock indexes/ETFs made what I had thought were bear flags yesterday, but today’s reversal painted them as short-term bounce patterns (‘W’ with a higher low in the miners and silver).
This chart of gold (courtesy of Barchart.com) shows a flag breakdown, whipsaw and new closing high for the short-term move. As we’ve noted for weeks now, the Commitments of Traders (CoT) is in a contrary bullish alignment with large Specs all but wrung out of the market (they were fleeced again; don’t believe hype about their increased shorting being some sort of conspiracy). All in all, not bad for the relic. The bounce lives on.
Read full article... Read full article...