Tuesday, May 01, 2018
A Big Stock Market Shock is About to Start / Stock-Markets / Stock Markets 2018
By: Submissions
Martin C writes: In the latest week, the busiest for first-quarter reports, several companies warned about or cited higher costs. Shares of all three companies declined even though their quarterly earnings were mostly strong. Investors will be alert for more signs of rising costs next week, which brings results from several big consumer names like Kellogg and market-cap leader Apple. Also on tap will be a Federal Reserve meeting, the April jobs report and data on wages and inflation. In the face of it, the earnings for the first quarter of this year that companies have been announcing are superb and far ahead of the most optimistic expectations. The S&P 500 companies in the US are on course for an almost unfathomably good year-on-year increase of 24.6 per cent, according to Thomson Reuters. A month ago, brokers were braced for an increase of 18.5 per cent. The first quarter was the first reporting period since U.S. President Donald Trump in March imposed a duty on imports of steel and aluminum. Prices for those and other commodities have risen sharply, with U.S. crude oil up 7.5 percent in the first quarter.
Tuesday, May 01, 2018
The Least Known and Best Performing Precious Metal / Commodities / Palladium
By: MoneyMetals
Gold and silver have risen substantially off the price bottom put in just 2-½ years ago, but the gains have yet to attract much notice. Gold has gained roughly 28% and silver is up 20%.
Meanwhile, another metal has more than doubled since bottoming. This performance should have been more than enough to catch the attention of metals investors, if only they were watching. The metal is palladium and, for those who haven’t paid much attention, it is time for a brief update.
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Tuesday, May 01, 2018
A Gold Sector Fundamental View / Commodities / Gold and Silver 2018
By: Gary_Tanashian
With gold testing its 200 day moving average this morning I thought I’d reproduce the first part of the precious metals segment from week’s Notes From the Rabbit Hole (NFTRH 497), including a daily chart of gold at the end showing the anticipated SMA 200 test.
[edit] Steve Saville updates gold’s ‘true fundamentals’ here. Notice at the end what is not considered fundamentally material.
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Tuesday, May 01, 2018
Are Stock Market Shorts Being Shown The Door? / Stock-Markets / Stock Markets 2018
By: Avi_Gilburt
As the market continues to whipsaw market participants, it has certainly left many of you scratching your head.
As each day goes by, it offers me another opportunity to chuckle when I see so many attempts by pundits to try to explain what latest news events cause each whipsaw. And when they try to fit their square pegs into round holes, or, when they don’t have any pegs at all when there is no news to even attempt to explain a move, it just makes me wonder when these market participants will finally open their eyes as to how the market really works.
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Monday, April 30, 2018
Silver Tiny Volume Signal, Big Price Implications / Commodities / Gold and Silver 2018
By: P_Radomski_CFA
The USD Index reversed in a quite clear way on Friday and gold rallied. It looked like a great bullish combination for the precious metals sector, but was it really one? Gold moved higher on volume that was lowest since the beginning of the year and this means that Friday’s rally shouldn’t be taken at its face value, but instead it should be closely inspected. Moreover, silver just did what was previously followed by big and volatile price moves in all recent cases. What can we really infer from it?
Monday, April 30, 2018
Big Banks Punish Loyal Savings Customers With Abysmal Interest Rates / Personal_Finance / Savings Accounts
By: MoneyFacts
Savers who turn to the most familiar banks* to hunt for a good savings deal may feel it’s a logical place to start, but they may want to think twice. If savers are looking for a top rate on an easy access account, then they are likely to be disappointed if they ignore the less familiar brands.
In fact, according to the latest moneyfacts.co.uk research, the difference between the best easy access account on the market versus the worst big bank rate would cost savers £250 a year in interest (based on a £20,000 initial deposit). As rates continue to improve away from the biggest banks*, it may be a good time for savers to reconsider more unfamiliar brands to get the best possible return.
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Monday, April 30, 2018
US Bond Market 10-Year Yield: From A 35-Year Bear To A Generational Bull Market / Interest-Rates / US Bonds
By: Mike_Paulenoff
In early March, 10-year yield was circling 2.87%. Now it is circling 3.00% for the first time in 4 years. The increase is probably shocking to many analysts and investors. Neither economic nor inflation data provide adequate justification for yield to be higher than it was two months ago. But there are times when the contradicting longer-term technical set-up should be heeded, even when the trend lacks strong support from lagging tabular data.
Monday, April 30, 2018
Is Jeff Gundlach Correct on Gold’s $1000 Upside? / Commodities / Gold and Silver Stocks 2018
By: Jordan_Roy_Byrne
It was music to gold bug ears.
We’ve all heard the seemingly shocking or outrageous price targets for Gold. So it’s not new.
But this time from a non gold pusher. Someone with credibility in the larger financial world and a track record to boot.
Gundlach’s comment was included in every piece of Gold literature that recently crossed my desk. No doubt, if Gold starts breaking to the upside, Gundlach’s quote will be used by aggressive marketers and publishers. But I digress.
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Monday, April 30, 2018
Gold And Interest Rates – There Is No Correlation / Commodities / Gold and Silver Stocks 2018
By: Kelsey_Williams
Over and over again, the following statement or something similar continues to find its way into commentary about gold:
“…prospects of higher US interest rates have the ability to limit upside gains. It must be kept in mind that Gold is a zero-yielding asset that tends to lose its allure in a high-interest rate environment”
A variation of that statement:
“Because gold doesn’t bear interest, it struggles to compete when interest rates rise.”
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Monday, April 30, 2018
Stock Market Watch Out For Monday! / Stock-Markets / Stock Markets 2018
By: Brad_Gudgeon
The stock market is ripe for a sudden plunge on Monday the 30th. Mars conjuncted Pluto on the 26th and this is very war-like. On the 25th Mercury squared Saturn. Friday was a Gann 16/32 TD top and the Sun trines Saturn on the full moon Sunday. This combination along with an irregular bottom early on the 25th suggested a ‘b’ wave rally with ‘a’ finishing on the April 24.The stock market has been running with the larger lunar cycle of about 29.5 calendar days or 20 trading days. Gann cycles run about 16 TD’s 4. The next 16 + 4 is due April 30, similar to the April 2 bottom right after the full moon.
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Monday, April 30, 2018
Stock Market Range Trading / 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 should continue until about mid-May.
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.
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Monday, April 30, 2018
The Battle to Save the Dollar and Treasuries / Currencies / US Dollar
By: The_Gold_Report
Technical analyst Clive Maund takes a look at the prospect of a growing interest rate differential between the U.S. and the rest of the world and what that means to the dollar.
The latest dollar Hedgers charts make clear that the dollar is unlikely to drop soon, and that it is more likely that the recent rally will continue. How can that be, given the U.S. has proportionally more debt than most other countries in the world?
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Monday, April 30, 2018
Precious Metals and Mining Stock Chart Paints A Clear Picture / Commodities / Gold and Silver Stocks 2018
By: Chris_Vermeulen
In this article, we are going to explain and show you an interesting pattern that has been slowly forming over the past year in the precious metals sector. This pattern along with our analysis point to a significant rally to start in the next 4 months for gold, silver, platinum, palladium, and miners.
Before we get into the details, below, it is important for every trader to step back and look at the bigger picture. It’s way too easy to get sucked into the markets movements, become an emotional trader, start losing a few trades, and second-guessing your open positions.
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Monday, April 30, 2018
Silver Price Analysis / Commodities / Gold and Silver 2018
By: Austin_Galt
Latest Price – $16.47
Pattern – price looks to have been in a corrective pattern ever since the impulsive move up off the December 2015 low culminating in the July 2016 high. I expect this corrective phase is in its very final stages.
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Monday, April 30, 2018
A Contrarian Take on the Great Yield Curve Scare / Interest-Rates / US Interest Rates
By: F_F_Wiley
Media coverage of most business-cycle indicators waxes and wanes with changes in the economy, but so far in 2018, the yield curve indicator is all wax. It seems like everyone has something to say about the yield curve slope, and many commentators are jumping from a flatter curve to a growing risk of recession.
Even central bankers have joined in, with a recent article from the San Francisco Fed declaring that “the term spread is by far the most reliable predictor of recessions.”
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Monday, April 30, 2018
Labour Local Elections Landslide, Are Opinion Pollsters & Pundits Wrong Again? Sheffield Trees Case / ElectionOracle / UK Local Elections
By: Nadeem_Walayat
The mainstream press backed up by the polling industry has once more built themselves up in a frenzy of reporting with much certainty that the Conservatives are heading for a blood bath in the local elections, with the epicentre London ripping out across the regions as Corbyn is NOW expected to build on his shock General Election result of last year that crippled Theresa May's government. All whilst forgetting that the same pollsters and pundits got last years general election very, very badly wrong! And so one has to beg the question are they wrong AGAIN, likely for the FIFTH TIME IN ROW!
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Sunday, April 29, 2018
Why Stock Market Death Crosses Aren’t Bearish / InvestorEducation / Technical Analysis
By: Troy_Bombardia
Here at Bull Markets I try to dispel conventional trading “wisdom” that’s widely accepted but is false. The media’s repetition of these statements misleads traders and investors.
I’ve recently heard some chatter about the “death cross” because the stock market has been falling a little. For those who aren’t aware, the “death cross” occurs when the 50 daily moving average falls below the 200 daily moving average. This is seen by mainstream financial media is a BIG bearish signal.
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Sunday, April 29, 2018
Sheffield City Region Mayoral Election Results Forecast (South Yorkshire) / ElectionOracle / UK Local Elections
By: N_Walayat
On May 3rd in addition to the local city council elections, the larger Sheffield city region (Sheffield, Doncaster, Barnsley, Chesterfield, Rotherham and apparently including large chunks of Derbyshire) will also hold an election for South Yorkshires first Mayor (sorry people who live in Derbyshire your now part of South Yorkshire). The candidates will likely be unknown to most voters, and all that voters can really go is where they are from, live and work. And what they represent in terms of party politics.
Sunday, April 29, 2018
Land Rover Discovery Sport Oil Service Interval at 12,000, 14000 or 21,000 Miles? / ConsumerWatch / Motoring
By: N_Walayat
Land Rover's sales pitch is that the Discovery Sport's first service is due at 21,000 miles or 2 years, thus saving owners on expensive services. That and their service packs only tend to cover for 1 service every 2 years which may be the reason for the 21,000 miles service sales pitch. Unfortunately on the one hand there's the sales pitch and then there's the reality of what to actually expect when owning and driving a Land Rover Discovery Sport as there exists a wide gap between the two.
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Sunday, April 29, 2018
The Trump UK Visit and Britain's Superiority Complex / Politics / UK Politics
By: Raul_I_Meijer
Trump Can Come. But Let Him Know Britain Won’t Stand For His Bigotry, is the headline of an article for the Guardian by Owen Jones. It’s just one of many articles, and one of many ways, I could use to point out what’s wrong in our world. In a TV appearance on ITV he apparently added:
“At the end of the day, if he comes – no one is saying he should be barred from the country by legal means – we’re saying we will take to the streets and say we reject racism, bigotry and will stand for the values most people in this country believe in.” Jones went on to insist “most” of the United Kingdom are against President Trump so it was in the country’s best interest to stand up for their beliefs.
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