Sunday, May 20, 2018
Looking for a Turn in Gold Price / Commodities / Gold and Silver 2018
By: The_Gold_Report
Rudi Fronk and Jim Anthony, cofounders of Seabridge Gold, reflect on market factors that are driving current fluctuations in the gold price.
For nearly four months now, gold has been pressured lower by a rising dollar; the inverse correlation has been almost exact. Gold has dropped 5.2% from its January 25, 2018 close of $1,362 to its May 16 close of $1,291.50. Meanwhile, the US dollar index has risen 5.4% from this year’s low close of 88.50 on February 15, 2018, to its close on May 16 at 93.26. In the past few days, shorts have jumped in to press their luck, judging from the increase in CME open interest while the price is falling.
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Saturday, May 19, 2018
GDX Gold Mining Stock Fundamentals 2018 / Commodities / Gold and Silver Stocks 2018
By: Zeal_LLC
The major gold miners’ stocks are still largely grinding sideways, mired in a bearish sentiment wasteland. Traders tend to assume low stock prices must be righteous, reflecting weak fundamentals rather than poor psychology. But once a quarter earnings seasons’ bright fundamental sunlight parts the obscuring fogs of popular sentiment. The gold miners’ just-reported Q1’18 results prove they remain deeply undervalued.
Four times a year publicly-traded companies release treasure troves of valuable information in the form of quarterly reports. Companies trading in the States are required to file 10-Qs with the US Securities and Exchange Commission by 45 calendar days after quarter-ends. Canadian companies have similar requirements. In other countries with half-year reporting, many companies still partially report quarterly.
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Saturday, May 19, 2018
Semiconductor Stock Market Canaries: Chirp, Warble… Soon a Croak and Silence? / Stock-Markets / Stock Markets 2018
By: Gary_Tanashian
In light of earnings reactions in the Semiconductor Equipment sector, it’s time for an update of a theme we have had in play since November, 2017
The canary is no longer chirping in a healthy manner and the economy’s coal mine has a toxic gas leak. While the recent Lam Research (LRCX) earnings report was pretty good and there were positive aspects to that of Applied Materials (AMAT), these highly cyclical companies that have been at the front end of the entire economic cycle that had its beginnings in 2013 are showing signs of wear.
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Saturday, May 19, 2018
Bitcoin Beyond the Bubble - Video / Currencies / Bitcoin
By: Jeff_Berwick
You know what’s almost as rewarding as being right about Bitcoin? The satisfaction of saying “I told you so” to all the powerful naysayers who scoffed at crypto years before it became today’s most profitable trend.
And that’s what the new documentary “Bitcoin: Beyond the Bubble” does so well, capturing the establishment freakout we in the crypto world have painstakingly endured for so many years.
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Saturday, May 19, 2018
Welsh Gold Being Hyped Due To Harry Meghan Royal Wedding? / Commodities / Gold and Silver 2018
By: GoldCore
– Welsh gold and the misconceptions surrounding it – GoldCore speak to China Central Television (CCTV)
– Welsh gold mired in misconceptions, namely that it is ‘rarest’ and most ‘sought after’ gold in world
– Investors to be reminded that all mined gold is rare and homogenous
– Nothing chemically different between Welsh gold and that mined elsewhere
– Investors led to believe Welsh gold is more valuable, despite lack of authenticity in some Welsh gold products
– Peak gold: We tell Beijing’s largest TV network that Welsh gold is limited but so too is gold everywhere
Friday, May 18, 2018
Three Drivers of Gold Price / Commodities / Gold and Silver 2018
By: Arkadiusz_Sieron
We cannot value gold. It does not generate any cash flows, which we could discount. But it doesn’t mean that the price of gold changes randomly. Market sentiment is powerful in the precious metals market – but the same applies to other markets (after all, humans are emotional creatures). However, it does not operate in a void. Actually, there are some important fundamental drivers at work. Just like in the cosmos. It seems to be empty space – but gravity works there. Similarly, the precious metal market seems to be very emotional and without any logic, but when you look closely, you will discover important forces in action. What are they?
Friday, May 18, 2018
Bringing the Wild West back to Alaska / Politics / US Politics
By: Stephen_Merrill
Amid Alaska's deep recession with no end in sight, it is the city of Anchorage that suffers the most. Beyond losing jobs and longtime residents on a sharp curve downward, Anchorage has been afflicted by a spike in crime, including violent crime. Downtown Anchorage is dying slowly.
That is quite a conundrum for a place that fate seemed destined to reward as beautiful and prosperous forever, given what the natural world already provides. The remedy I'd like to suggest for Southcentral Alaska is one that has brought sudden, massive economic growth to places far less likely to succeed than Anchorage.
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Friday, May 18, 2018
Natural Gas Flashes Buy Signal with Cycles Confirming / Commodities / Natural Gas
By: Chris_Vermeulen
Our research team has been following the energy sector quite intensely with Oil and Natural Gas making an impressive move. A little known seasonal pattern in Natural Gas has setup recently and we have alerted our members to this play which is already up over 16%. Our advanced price modeling systems and Adaptive Dynamic Learning Cycles have recently triggered another buy entry point which we share in this article but first look at the seasonal chart showing the month which Natural Gas is generally strong.
Friday, May 18, 2018
We FINALLY Got Our Pullback In Gold GLD ETF / Commodities / Gold and Silver 2018
By: Avi_Gilburt
As the title notes, we are finally getting that 5th wave down in the GLD after weeks of meandering. Moreover, not only are we getting that 5th wave down, the 3rd wave within this 5th wave down extended beyond the 3.618 extension of waves i and ii down. And, such a strong extension is certainly doing its job in getting even more people souring on this complex.
Moreover, as I am reading out there in the blog-world, it seems many are turning quite negative with gold breaking below its 200DMA. Clearly, this is EXACTLY what we want to see to strike a bottom in the complex.
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Friday, May 18, 2018
GOLD Bullish Opportunity – Unrivaled for years to come! / Commodities / Gold and Silver 2018
By: Enda_Glynn
Hello everyone,
Well, the headlines were piling on strong today with doomsday predictions for GOLD and pie in the sky predictions for Crude oil!
Of course this is perfect timing as usual because;
Extreme sentiments always appear at the end of a trend,
when people tend give in to the unrelenting price move, which has already happened!
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Friday, May 18, 2018
Gold Market in First Tertile of 2018 / Commodities / Gold and Silver 2018
By: Arkadiusz_Sieron
The first four months of 2018 were positive for the gold market. The price of the yellow metal has gained about 2 percent in that period. As one can see in the chart below, the rally started in mid-December.
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Friday, May 18, 2018
HFC HollyFrontier Corporation Impulsive Elliott Wave Rally / Companies / Company Chart Analysis
By: ElliottWave-Forecast
Holly Corporation and Frontier Oil merged in July 2011 to form HollyFrontier Corporation (NYSE: HFC). The company is a petroleum refiner and distributor of petroleum products, from gasoline to petroleum-based lubricants and waxes.
Over the past 2 years, Hollyfrontier Corp performed better than majority of its peers in the Oil & Gas Refining and Basic Materials sector. Its stock price is already up 34.4% year-to-date and still expected to see more gains as Oil price is also up 20% this year which helped the petroleum companies to perform well recently.
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Friday, May 18, 2018
Flattening Yield Curve is Good / Interest-Rates / US Interest Rates
By: Axel_Merk
In recent months, pundits have cautioned about a flattening yield curve, suggesting it may signal the end of the economic expansion, the end of the bull market, possibly even the end of the world as we know it. There's plenty to worry about in the markets, but in the spirit that knowledge is the enemy of ignorance, let's clear up some myths.
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Friday, May 18, 2018
Stock Market Indexes Fill Tuesday Price Gap Now Where? / Stock-Markets / Stock Markets 2018
By: Chris_Vermeulen
The 30-minute chart price pattern with a large gap down in price on Tuesday morning created what we call a “Gap Window”. Almost all gaps in the SP500 get filled eventually, and both the top and bottom areas of a gap window become short-term resistance or support.
A three-wave a-b-c correction is generally what causes stop orders to be run, panic selling, and creates a pivot low. This is displayed with a red line on the chart.
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Thursday, May 17, 2018
What Happens Next When Small Cap (Russell) Leads the Stock Market / Stock-Markets / Stock Markets 2018
By: Troy_Bombardia
Small cap stocks (Russell 2000 Index) made a new all-time HIGH yesterday even though mid/large cap stocks (S&P 500) are still lagging. The S&P is still 5% below its all-time high.
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Thursday, May 17, 2018
IEA: High Oil Prices “Taking A Toll” On Demand / Commodities / Crude Oil
By: OilPrice_Com
Geopolitics has taken over the oil market, driving oil prices up to three-year highs. The inventory surplus has vanished, and more outages could push oil prices up even higher. Yet, there are some signs that demand is starting to take a hit as oil closes in on $80 per barrel.
In the IEA’s May Oil Market Report, the agency said that OPEC might be needed to step in and fill the supply gap if a significant portion of Iran oil goes offline. Saudi Arabia suggested shortly after the U.S. announced its withdrawal from the Iran nuclear deal that OPEC would act to mitigate any supply shortfall should it occur.
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Thursday, May 17, 2018
Negative Signs for EUR/USD? AUD/USD - Battle / Currencies / Forex Trading
By: Nadia_Simmons
Monday's session discovered currency bulls’ weakness, which was mercilessly used by their opponents during yesterday's trading. Thanks to the sellers’ attack, EUR/USD hit a fresh 2018 low, but will we see further declines in the coming days?
Thursday, May 17, 2018
DOW Jones and CRUDE Oil on a Cliff Edge, Waiting for a Nudge! / Stock-Markets / Financial Markets 2018
By: Enda_Glynn
UPCOMING RISK EVENTS:
USD: Building Permits, Capacity Utilization Rate.
EUR: N/A.
GBP: N/A.
JPY: N/A.
Thursday, May 17, 2018
Gold Price No More Subtleness – It’s Show Time! / Commodities / Gold and Silver 2018
By: P_Radomski_CFA
On May 1st, we knew that the precious metals sector was starting a 2-week rally based on cyclical turning points, apex-based reversals, and True Seasonality for May. The rally is over, the profits cashed in… And growing once again thanks to the new short position. What’s in store for the rest of the month and the next few ones? Something epic.
Let’s start todays’ analysis with the two most important short-term reasons due to which the outlook for the precious metals sector just became very bearish.
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Thursday, May 17, 2018
VIX Cycles Point to Stock Market Correction / Stock-Markets / Stock Markets 2018
By: Chris_Vermeulen
Recently, we authored an article about Fibonacci price levels in which we referred to a term called “Fibonacci Price Ladders”. This is our own term, as far as we know, and we used it as a way to attempt to explain how price operates within the Fibonacci theory. Our objective was to allow the reader to think of a standard ladder and how each ladder rung allows the climber to advance (move up) or decline (move down) using the ladder. We hope it helped all of our readers to better understand the concept of how price rotates within a trend to establish longer-term price trends.