Thursday, July 26, 2018
Robust Crypto Exchanges Needed In The Wake Of Hacking Incidences / Currencies / BlockChain
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Thursday, July 26, 2018
NASDAQ Tech Stocks Index is like 1999 / Stock-Markets / Tech Stocks
Based on the Medium-Long Term Model, this bull market probably has 1 year left. We can confirm this theory through the stock market’s recent price action.
The final rally of a bull market is often marked by “downwards reversal days”. In other words, the market gaps up on the open (exuberant buying) and then falls throughout the rest of the day. We just saw a “downwards reversal day” yesterday in the NASDAQ.
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Thursday, July 26, 2018
Will China End U.S. Trade War With Nuclear Financial Option / Politics / Protectionism
One of the reasons why it has seemed so bizarre that the United States would engage in a trade war with its largest creditor in China, is that China has a move that the United States simply can't defend against.
In terms of any sort of engagement between the United States and China, for at least the last decade or so, it's always seemed to me that China has an incredibly large amount of leverage over the United States. To the degree that if push comes to shove, China has available actions that the U.S. simply has no answer to.
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Thursday, July 26, 2018
Will The Impending US Economic Collapse Usher In Socialism? / Stock-Markets / Financial Markets 2018
Benjamin Franklin was purported to have said “that which hurts, also instructs.” Yet, society, as a whole, has a very short memory. Thus, lessons learned through the pain of generations gone by often are quickly forgotten.
We have very few people left worldwide who actually lived through the Great Depression. While I have been told many stories by my grandparents of what it was like to live through the 1930’s and 1940’s, I clearly do not have first-hand experience. Yet, I would assume that I still have a better understanding of that time period than most of the people reading my words today.
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Thursday, July 26, 2018
Gold, Silver, Copper, Platinum Commodities Set Up for a Rally / Commodities / Commodities Trading
Technical analyst Clive Maund provides copper, gold, platinum, silver and US dollar updates at what he calls a "key juncture."Commodities, including gold and silver, have plunged to become so deeply oversold that a snapback rally looks likely soon. This could be sharp and could trigger a wave of short covering. Such a rally is likely to be sparked by a dollar reaction, as we will see, but it is likely to be followed by further heavy losses across the sector if a general market crash ensues as expected.
We will start by looking at the latest dollar index chart, as a dollar reaction will be what ignites a commodity rally. The 2-year chart for the dollar index shows that the dollar is rounding over beneath a zone of resistance that dates back to a reversal that occurred at this level last October and November. The pattern that has formed from last July looks like a large head-and-shoulders bottom, with the right shoulder of the pattern about to form.
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Thursday, July 26, 2018
British Pound, Canadian Dollar, Russian Ruble and Euro Show Massive Volatility / Rotation Setup / Currencies / Forex Trading
Our research team has been watching the foreign currency markets with great interest. Recently, the strength of the US Dollar has put extended pressures on many foreign currencies. The recent crash of the Chinese Yuan has alerted many traders to the concerns that China could be edging over the precipice in terms of debt and credit market collapse.
As traders/investors, we need to understand how these currencies move, and future moves may drive the global equity markets to new highs or lows. Let’s take a brief look at how some of our proprietary indicators are set up on these Weekly charts.
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Thursday, July 26, 2018
Keeping Cool in Summer Heat with a BRIGENIUS Mini Necklace Fan - Review / Personal_Finance / Travel & Holidays
We are having one of the hottest summers in decades, so the hunt was on, on how best to keep cool. Whilst portable hand fans are great we thought we would take it to the next level by going hands free with a portable necklace fan made by BRIGENIUS (bought from amazon), so take a look at our review and if useful click the like button.
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Thursday, July 26, 2018
Hoseasons Cayton Bay Holiday Caravan Park Entertainment Centre / Personal_Finance / Travel & Holidays
Thinking of booking a caravan park holiday for summer 2018? Then look no further than our series of videos of what it's like to holiday at a UK caravan park. This is at the Hoseasons Caravan Park at Cayton Bay, North East England, not 10 miles from Scarborough.
In our sixth video in this series we show what the onsite entertainment centre is like, arcade machines and the ticket dispensing chance game machines.
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Wednesday, July 25, 2018
Chinese Yuan’s Depreciation is Not Bearish for the U.S. Stock Market / Stock-Markets / Stock Markets 2018
The Chinese Yuan has tanked recently on Trump’s trade war.
Here’s USDCNY (a spike in USDCNY = Chinese Yuan tanking).
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Wednesday, July 25, 2018
Student Bank Account Best Freebies / Personal_Finance / Student Finances
School’s out for summer, so it’s time for students to do some research on student current accounts to find the best deal. Moneyfacts.co.uk has created a handy selection of the best accounts available (see below) so that students can easily compare the different overdraft offerings and extra benefits.
Rachel Springall, Finance Expert at Moneyfacts.co.uk, said:
“Students preparing to branch out on their own and study at university may already be celebrating the summer break, but this is the perfect time for them to sort out a student bank account and not leave it until the last minute. As soon as students get their university offer letter, they should be ready to apply for a student bank account that will meet their day-to-day needs.
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Wednesday, July 25, 2018
10 Top Tips to Help Students Save Money / Personal_Finance / Student Finances
In just a few weeks’ time, many students will be preparing themselves for university, and for some, this could be the first time they have lived away from home. The thought alone may be daunting, so Moneyfacts.co.uk has put together 10 top tips to help students save money.
Rachel Springall, Finance Expert at Moneyfacts.co.uk, said:
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Wednesday, July 25, 2018
IS THE BRIC FUTURE ON TRACK - 10TH BRICS Summit at Critical Crossroads / Stock-Markets / Emerging Markets
Even amid trade wars and eroding global growth prospects, the large emerging BRIC economies remain positioned to surpass the largest advanced economies in about 15 years.The 10th BRICS Summit will take place in Johannesburg, South Asia. Led by Brazil, Russia, India, China and South Africa, the international conference highlights the rising power of large emerging economies in the world economy.
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Wednesday, July 25, 2018
Stocks: When "Sentiment is Strikingly Suited" for a Major Stock Market Event / Stock-Markets / Stock Markets 2018
What an extreme use of leverage tells you about the trend
Stock market history shows that when the Elliott wave model of stock market patterns and market bullish/bearish sentiment indicators are aligned, you have the basis for a high-confidence forecast.
That was the exact situation back in January, right before the stock market's jarring sell-off, from which stocks still haven't quite recovered.
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Wednesday, July 25, 2018
Inflation or Deflation ? Market Drama and Suspense ! / Stock-Markets / Financial Markets 2018
The big question I’ve been grappling with recently is the inflation or deflation theme. Last Friday’s price action felt like a counterpunch to the deflation scenario as the US dollar fell pretty hard and interest rate reversed. It was almost exactly a year ago around at this time that we started to take some positions related to the inflationary scenario by buying some of the different commodities stocks like BHP, COPX, KOL, UWT, SCCO, SCHN and STLD. Many had broken out of large trading ranges and H&S bottoms. In January of this year when the US stock markets began our recent correction I went to 100% cash as I wanted to be safe than sorry. That was also about the time the US dollar began to find a possible bottom which had pretty much been in a free fall.
Lets start by looking at some US dollar charts as it will most likely be our guide in the inflation or deflation theme going forward. This first daily chart shows the US dollar initially bottoming in late January and then building out the five point rectangle reversal pattern that reversed the downtrend. After a strong impulse move up the US dollar began to correct that impulse leg by building out a rising wedge formation seven weeks ago. IMHO that seven week rising wedge is probably the most important chart pattern on the planet right now. Whichever way it breaks out will affect a lot of markets.
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Tuesday, July 24, 2018
Gold & Silver Need THIS to Unfold before They Rally Sharply Higher... / Commodities / Gold and Silver 2018
Mike Gleason: It is my privilege now to welcome in Greg Weldon, CEO and president of Weldon Financial. Greg has over three decades of market research and trading experience, specializing in the metals and commodity markets, and his close connection with the metals led him to author a book back in 2006, titled Gold Trading Boot Camp, where he accurately predicted the implosion of the U.S. credit market and urged people to buy gold when it was only $550 an ounce.
He's a regular presenter at financial conferences throughout the country, and is a highly sought-after guest on many financial shows. And it's always great to have him on the Money Metals Podcast. Greg, good to talk to you again. Welcome back.
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Tuesday, July 24, 2018
SKEW has Spiked. What This Means for Stocks / Stock-Markets / Stock Markets 2018
The CBOE’s SKEW Index measures potential risk for the financial markets over the next 30 days. When the SKEW Index spikes, conventional “wisdom” assumes that there’s a greater chance of a “black swan” event occurring in the financial markets.
The SKEW Index typically ranges from 100 to 150. The higher the value, the greater the chance of a “black swan” event.
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Tuesday, July 24, 2018
Has the USD Finally Topped? / Currencies / US Dollar
The USD has had a bullish run out of it’s Intermediate and Yearly Cycle Low (YCL) in early February but it is now deep in my timing band to start seeking out its next 5-6 Month Intermediate Cycle Low (ICL). While I don’t want to overplay the negative correlation between the USD and Gold the correlation has been quite strong for most of 2018. A major top in the USD here, should benefit Gold and the broader CRB here.
My first chart is a close up Daily showing Friday’s bearish reversal candle and close below the 10ma on day 9. A close below the 10ma usually always signal’s a move into a short term Trading or Daily Cycle Low (TCL/DCL) and should provide enough Time for the USD to test the 200ma near 92 on my Daily chart. Day 9 is the earliest top we have seen in a short term Trading or Daily Cycle but we now need further confirmation, including a close next week below the 10wma on the Weekly. Note that the 10wma has been very strong support since early April but Time is also becoming an Issue for the USD here.
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Monday, July 23, 2018
Proprietary System Shows Stock Market Rally Could Extend Higher / Stock-Markets / Stock Markets 2018
The following Weekly charts are illustrations of one of our proprietary price modeling systems that shows trends, market breadth and much more. We use this almost exclusively on longer-term (Weekly, Monthly, and Quarterly charts) to help us understand where longer-term support and resistance levels are, where the market ranges are truly important and to determine true market breadth. When we are studying Daily chart or intra-day charts – the shorter term price rotation can often clutter our interpretation of the long term expectations. Yes, we have other modeling systems, predictive analysis systems, Fibonacci systems, Adaptive Cycles systems and more. Our collection of proprietary analysis tools is very deep. Yet, one has to know how to use these tools and what value they can provide at different times.
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Monday, July 23, 2018
The Global Cannabis Market Is Set To Explode / Commodities / Cannabis
As the global marijuana industry booms, one little company has just hit a huge payday.
Scythian Biosciences Corp. (TSXV: SCYB.V; OTC:SCCYF) is a tiny company with a big secret: a way to turn cannabis assets across the world into investments worth hundreds of millions.
The company is making a transition from biosciences to investment, and it’s just struck it rich.
Scythian has accomplished a huge coupe: it’s agreed to sell its assets in Jamaica and Latin America to Aphria, the marijuana giant, for $193 million.
That’s because weed is GLOBAL. It’s much, much more than Canada and the US.
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Sunday, July 22, 2018
The Death of the US Real Estate Dream / Housing-Market / US Housing
In I showed how Japan’s first and more massive real estate bubble peaked in 1991. And then showed how it crashed right along our bubble model into 2013.
The difference was, it never bounced. Even when its Millennial generation came along to buy houses again.
A rise of “dyers” (sellers) were offsetting the rise of Millennial buyers.
Now let’s look at the U.S. bubble – or our double bubble.