Wednesday, June 20, 2018

Warning All Investors: Global Stock Market Are Shifting Away From US Price Correlation / Stock-Markets / Global Stock Markets

By: Chris_Vermeulen

Well over a month ago we warned our followers of a “capital market shift” that was taking place in the global markets.  Nearly 3 months before that time, we warned that China’s economy was about to enter a sustained economic downtrend cycle that could be dangerous to the global markets.  Today, we offer further evidence that the global markets are, in fact, shifting away from a price correlation to the US stock market and this move could be a warning sign that emerging markets and global markets could lead the world into an extended stagflation cycle.

Wednesday, June 20, 2018

Dow Fell 6 days in a Row. EXTREMELY Bullish Medium & Long term Sign for Stocks / Stock-Markets / Stock Markets 2018

By: Troy_Bombardia

The Dow Jones has gone down 6 days in a row. This is the first time in 15 months in which the Dow has fallen 6 consecutive days. But more importantly, the Dow has fallen 6 consecutive days while remaining above its 200 daily moving average.

In other words, this is the first time in a long time in which the Dow has fallen consistently.

Wednesday, June 20, 2018

Crude Oil Price May Have Turned Down for Good! / Commodities / Crude Oil

By: Enda_Glynn

Hi everyone,
Hope the day went well for you.

Tomorrow,
the big three central bank heads,
will open their mouths and potentially cause havoc!

I am on record with my recommendations for how central bank chair persons should be treated when entering office.

Wednesday, June 20, 2018

Gold GLD ETF Update… Breakdown ? / Commodities / Gold and Silver 2018

By: Rambus_Chartology

Just a quick update on a few of the GLD charts we’ve been following closely. Below is the daily line chat which shows the breakout from the blue triangle that formed as the backtest to the larger 5 point bearish falling wedge reversal pattern. The bulls tried as hard as they could but they couldn’t take out the bottom rail of the falling wedge reversal pattern. Friday’s decline was on heavy volume.

Wednesday, June 20, 2018

EURUSD: Why the "Next Day or Two" are Critical / Currencies / Euro

By: EWI

An Open House insight from our Currency Pro Service editor

Every week, our Currency Pro Service editor, Jim Martens, records a new video focusing on EURUSD, USDJPY and other markets. Learn why "the next day or two" should determine the next move in the euro in this clip from Jim's June 17 video.

Wednesday, June 20, 2018

The Fed Is Driving Down Oil Prices / Commodities / Crude Oil

By: OilPrice_Com

The U.S. dollar has jumped to its strongest level in nearly a year, raising questions about how a strong greenback could act as a drag on debt and oil demand in much of the world.

The U.S. Federal Reserve announced another rate hike a few days ago, which helped edge up the dollar to a new high for the year.

Wednesday, June 20, 2018

Open House is Now On! A $1,180 Ticket to New Trading Opportunities, Free / Stock-Markets / Financial Markets 2018

By: EWI

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Elliott Wave International is opening the doors to its entire lineup of trader-focused Pro Services -- but only for a week! It's a ticket that's worth $1,180.

Tuesday, June 19, 2018

Major Turnaround in Crude Oil’s Price / Commodities / Crude Oil

By: Nadia_Simmons

Crude oil’s Friday’s huge daily decline was not followed by yet another daily slide, but by a profound reversal. The price has surely turned by 180 degrees, but can we say the same thing about the outlook for the following days?

No. The volume doesn’t support this outcome and as you’ve seen in the previous several days, indications and confirmations from volume are very important. In fact, the low volume was one of the key reasons that made us open the short position at $66.78 on Wednesday.

Tuesday, June 19, 2018

Outrage at What the United States is doing to Children Across the World! / Politics / US Politics

By: Raul_I_Meijer

Yes, you have every right to be outraged at the disgraceful treatment of children on America’s borders. But that does not give you the right to NOT be outraged by what America has done and is today still doing to children in, just to name a few places, Syria, Libya and Yemen. Be outraged, but don’t make it an echo chamber issue. Because if you do, you, too, are in a cage.

So if you see the wives of former presidents speak out about the child separation policies, ask yourself where they get the moral authority to speak out on such issues, after their husbands have bombed the crap out of many countries, killing many many children in the process. And don’t let’s get started about Hillary Clinton when she was Secretary of State.

Tuesday, June 19, 2018

The Fed Screwed Up… and the Markets Know It / Forecasts / Stock Markets 2018

By: Graham_Summers

Last week the Fed announced it intends to hike rates another two times this year, with three more hikes next year. The Fed also announced that it will continue to increase its QT program with the goal of eventually withdrawing $50 billion in liquidity per month, or some $600 billion per year.

The market didn’t like this announcement, with stocks in a sea of red. This has raised the question… “is the Fed going to trigger a market meltdown?”

Tuesday, June 19, 2018

Credit Card Debt and the Costs of Borrowing Are on the Rise / Personal_Finance / Credit Cards & Scoring

By: MoneyFacts

The quarterly Moneyfacts UK Credit Card Trends Treasury Report, which studies the UK personal finance market (Unsecured Personal Loans, Credit Cards and Overdrafts), reveals that the average purchase and cash rates on credit cards have risen during Q2 2018, as has the average cash withdrawal fee. This comes at a time when credit card borrowing is on the rise, up by around £3 billion year-on-year, while £318 million of credit card debt was written off in the first quarter of 2018*.

Tuesday, June 19, 2018

Short-term Turnaround in Bitcoin Might Not Be What You Think / Currencies / Bitcoin

By: Mike_McAra

The last couple of weeks have been disheartening for Bitcoin bulls. The currency has been on a move down. Is this about to end? The answer to this question determines whether the profits on our hypothetical positions are about to grow.

News has come out that the recent move down might be over. In an article on the Forbes website, we read:

The plunge began Sunday, with several factors possibly feeding into it, including a cyber-heist that hit South Korea’s Coinrail cryptocurrency exchange—even though no bitcoins were stolen—and a U.S. regulatory probe into Bitcoin price manipulation.

Tuesday, June 19, 2018

Stock Market’s Short Term Downside Will be Limited / Stock-Markets / Stock Markets 2018

By: Troy_Bombardia

Over the past 2 weeks I said that the stock market would face some short term downside (i.e. would swing sideways or fall a little). So far I’ve been right. The stock market has gone down a little bit (see S&P 500).

Tuesday, June 19, 2018

Natural Gas Setup for 32% Move in UGAZ Fund / Commodities / Natural Gas

By: Chris_Vermeulen

As we all know a picture says 1000 words, which is one of the reasons why I gravitated to trading using technical analysis. I can look at a chart and in seconds understand what price has done and is likely to do in the near future, without knowing a single thing about the company, index, or commodity. Why spend time reading news, financial statements, and other opinions when you can fast-track the entire process with a chart.

So, let’s just jump into the 30-minute chart of natural gas which shows the regular trading hours 9:30am – 4pm ET.

Tuesday, June 19, 2018

Magnus Collective To Empower Automation And Artificial Intelligence / Companies / AI

By: Boris_Dzhingarov

The artificial intelligence and robotics industries tremendously grew in the past 10 years up to a point where potential is clearly defined as being huge. Even if the industry did struggle to find a truly unified vision and voice about how to move forward, projects like Magnus Collective can help take everything to a brand new level.

Tuesday, June 19, 2018

Trump A Bull in a China Shop / Stock-Markets / Stock Markets 2018

By: Gary_Tanashian

In light of the developing trade war between the US and China, let’s review the all-important Semiconductor sector and in particular, the Semi Equipment segment, which is a key economic early bird (and canary in a coal mine).

Various sectors took hits on Friday as Trump moved forward with Tariffs on China. But most of those sectors and industries are follow-on aspects of the economic cycle, which got its start when the early bird chirped in early 2013.

Tuesday, June 19, 2018

Minor Car Accident! What Happens After You Report Your Accident to Your Insurer / ConsumerWatch / Motoring

By: N_Walayat

So you have been involved in an minor accident that's not your fault. Initially you may be confused and bewildered by the numerous options of what to do next of which the easiest to implement is to just let your insurer handle everything from arranging the repairs, courtesy car, to claiming all of the costs off of the other drivers insurer. Unfortunately, what's easiest to implement usually turns out to be the cheapest for the insurers even if they eventually claim all of the costs back. So find out what to expect when you decide to go with your insurer in terms of repairs and the supposed like for like courtesy car that tends to be promised for you to drive whilst your car is being repaired.

Monday, June 18, 2018

US Majors Flush Out A Major Pivot Low and What’s Next / Stock-Markets / Financial Markets 2018

By: Chris_Vermeulen

Closing out a big week in the markets, we see the US markets rotating a bit lower after a number of news events.  Some of these were very positive and others were negative.  The take away from last week can be condensed into the following:

_  The US Dollar strengthened all week and shot up above $120 near the end of the week

_  Crude Oil tanked on Friday – falling nearly 3% to just below $65.00 ppb

_  EURUSD fell nearly 2% on QE concerns in Europe as well as trade issues that are mounting

Monday, June 18, 2018

Cocoa Commodities Trading Analysis / Commodities / Cocoa

By: Austin_Galt

Latest Price – $2552

Pattern – we have a pattern of lower lows and lower highs on this chart signifying a downtrend. Given that price has risen sharply this year so the question becomes is this the start of a new bull trend? No, not in my opinion.

Monday, June 18, 2018

Stock Market Consolidating in an Uptrend / Stock-Markets / Stock Markets 2018

By: Andre_Gratian

Current Position of the Market

SPX: Long-term trend – The bull market is continuing with a top expected in the low 3000s.
 
Intermediate trend – The intermediate correction from 2873 has ended and we are in a new intermediate uptrend which should take SPX to a new all-time high.