Tuesday, April 10, 2018
Top 8 Reasons to Find the Stock Market Emergency Exit Before this Fall / Stock-Markets / Stock Markets 2018
By: Michael_Pento
The stock market was trading at an all-time high valuation of 150% of GDP this January. That was indeed the bell rung at the very top. Stocks have since started to roll over, but valuations are still at 140% of the underlying economy. And that is, historically speaking, way off the chart. The average of this metric was around 45% throughout the decades of the 70’s thru the mid-1990’s. Therefore, the market is screaming for investors to hit the sell button now while there are still ample bids left. But, if your complacency and procrastination prevent you from realizing the truly dangerous bubble in equities right now, here are eight of the most salient reasons why you’ll definitely need to find the nearest emergency exit before this fall.
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Tuesday, April 10, 2018
David Morgan: Silver Market Set Up Is “Best I’ve Seen for a Very Long Time” / Commodities / Gold and Silver 2018
By: MoneyMetals
Mike Gleason: It is my privilege now to welcome in our good friend David Morgan of The Morgan Reports. David it's always a real pleasure to have you on and welcome back, how are you sir?
David Morgan: Mike I'm doing well, thank you very much for having me on the show.
Mike Gleason: Well David we've seen a tremendously tight trading range in the metals markets over the last several months, especially in silver, and before we get into some other topics with you today I wanted to get your thoughts on what these prolonged periods of a range trade or a base building market generally means for us moving forward. When you see this type of thing on the charts for one of the precious metals or for some other commodity for that matter, I know you cover a lot of different markets, does it mean that we're likely to see a big move one way or the other? Is it a bullish indicator that we're building a major base of support from which to launch, what do you think?
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Tuesday, April 10, 2018
Stock Market Long Upward Path / Stock-Markets / Stock Markets 2018
By: Donald_W_Dony
As the U.S. and China "trade war" continues to escalate, the current market commentary often leans toward the negative and a possible market top.
Nothing could be further from the truth.
Thought the rhetoric clearly causes concern with investors, major U.S. market indexes continue to forge higher and have posted new all-time levels in Q1.
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Tuesday, April 10, 2018
Fibonacci Reveals the Stock Market's Next Big Move / InvestorEducation / Elliott Wave Theory
By: EWI
Scientists speculate that Elliott waves are the stock market's "critical structure"
The stock market's recent triple-digit swings might have many investors wondering if the path of prices is completely random.
But, as random as prices may appear, EWI's analysts can assure you that a recognizable Elliott wave pattern is unfolding. In other words, we've been here before, and we have a good idea of how it's going to turn out.
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Monday, April 09, 2018
Which is Right: Gold or Real Rates? / Commodities / Gold and Silver 2018
By: Jordan_Roy_Byrne
Readers know that I have beaten this drum all too often. Gold’s major fundamental driver is declining or negative real rates. There is a strong inverse correlation because Gold is money. That’s what JP Morgan said and he’s far more qualified to understand than quotable celebrities like Mark Cuban. But I digress. When real rates are increasing or strongly positive (during most of the 1980s and 1990s and 2011 through 2015) Gold performs poorly because one can earn a real return on their money unlike with Gold. However, when real rates decrease and particularly when they are negative, Gold flourishes. That being said, right now there is an interesting development. Real rates have increased over the past year but Gold has held steady. Reviewing recent history can help us answer which is right.
Monday, April 09, 2018
The Beautiful Chartology of SLV Silver ETF / Commodities / Gold and Silver 2018
By: Rambus_Chartology
SLV along with the PM stocks have been under performing gold in a pretty significant way. Normally you would like to see the PM stocks outperforming gold on the front end of a bull market similar to what we saw back in the beginning of the 2000 bull market in the PM complex. So far that hasn’t been the case.
Below is a weekly chart for SLV we’ve been following for a long time now as it has been chopping out the nearly four year diamond trading range. The first thing that would get my attention would be if the price action could takeout the top rail of the seven point diamond which is technically a reversal pattern at the moment. A touch of the bottom rail would complete the 8th reversal point which would be a consolidation pattern to the downside if the bottom rail is broken. It wouldn’t hurt to see SLV trade back above the 65 week ema if one is a bull.
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Monday, April 09, 2018
The Mother of All Deflations / Economics / Deflation
By: Raul_I_Meijer
Longtime and dear friend of the Automatic Earth, professor Steve Keen, wrote an article recently that everyone should read (that goes for everything Steve writes). It’s hard to select highlights, but I’ll give it a try. Steve explains where our housing markets went off the rails, what (short-sighted) interests politicians have in subverting them, and, something rarely addressed, why housing markets are unlike any other markets (the turnover of existing properties is financed with newly created money)
He then suggests some measures that might counter this subversion, with a twang of It’s a Wonderful Life nostalgia thrown in. That nostalgia, which will be seen by many as outdated and a grave mistake in these ‘modern times’, instead makes a lot of sense. We might even say it’s the only way to get back on our feet. It resides in the idea that money-circulating building societies, rather than money-creating banks should be in charge of the housing market.
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Monday, April 09, 2018
Gold to Rally Due to Increased Stock Market Volatility? Really?! / Commodities / Gold and Silver 2018
By: P_Radomski_CFA
We were recently asked if the price of gold is likely to rally because of the increased volatility in stocks. This seems believable at the first sight, as gold is seen as a safe-haven asset and thus people could be buying it when the stock market’s movement becomes chaotic, scary and/or unpredictable.
So, the stock market’s volatile decline in the recent days is likely to become the catalyst for gold’s breakout above the $1,350 - $1,400 trading range, right?
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Monday, April 09, 2018
Stocks Breaking Down? Not Yet / Stock-Markets / Stock Markets 2018
By: Paul_Rejczak
The stock market retraced most of its last week's Wednesday - Thursday's gains on Friday, as investors reacted to worse-than-expected monthly jobs data release, trade tariffs announcement. Friday's sell-off brought the S&P 500 index back to its medium-term upward trend line. Will it break lower this time?
The U.S. stock market indexes lost 2.2-2.3% on Friday, following worse-than-expected monthly jobs data release, among others. The broad stock market retraced most of its Wednesday - Thursday's rally, and it got back to medium-term upward trend line. Both, Dow Jones Industrial Average and the technology Nasdaq Composite lost 2.3% on Friday.
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Monday, April 09, 2018
Average Two-year Fixed Mortgage Interest Rate at 19 Month High / Interest-Rates / Mortgages
By: MoneyFacts
Moneyfacts UK Mortgage Trends Treasury Report data (not yet published) reveals that the average two-year fixed rate mortgage has increased for the second month in a row, to reach the highest point seen since September 2016.
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Monday, April 09, 2018
Donald Trump's False Bravado Trade War, Implications for Gold Market / Commodities / Gold and Silver 2018
By: The_Gold_Report
Precious metals expert Michael Ballanger discusses Donald Trump's trade war with China and the implications for the gold market. When I played pro hockey in Richmond, Virgina, it was during the era of "Slapshot!" and the Broad Street Bullies when gooning (fighting) was fashionable and an integral part of the sport. Stocking your team with two-or three enforcers meant that the finesse players could sail around the ice doing pirouettes and triple axles and dipsy-doodles without the fear of some 250-lb lumberjack from northern Quebec impaling them. I learned quickly from our coach, the legendary Forbes Kennedy (one of the toughest NHL players ever) that the way to avoid getting into a donnybrook with someone you really did not wish to engage was "Don't fookin' look at 'em!" because if they caught your eye and were staring you down, you then were forced to drop the gloves. I made a habit of staring into the eyes of all the finesse players and upon the skates of the goons. Of course, there was the odd occasion I forgot and wound up holding on for dear life when one of the Neanderthals tricked me up and forced me to drop 'em but for the most part, old "Forbie" was absolutely spot on and you could stay safe if you avoided the glaring, maniacal eyes of the Gilles Bilodeaus and Billy Goldthorpes of the world but ONLY if you just "didn't fookin' look at 'em."
Monday, April 09, 2018
US Stock Market - Donald Loves Me, Donald Loves Me Not / Stock-Markets / Stock Markets 2018
By: Avi_Gilburt
As everyone seems glued to their twitter accounts or their news feeds, the market has been both rallying and fading despite all the negative news of these trade wars that are supposedly going to tank our equity market.
I mean, its not like we began this correction well before trade wars began in earnest. Right? In fact, does any of this surprise you in any way, especially since the President certainly told us that these are some of the actions he will take even before he became POTUS. And, if you suggest otherwise, then you are simply not being honest with yourself.
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Monday, April 09, 2018
Stock Market Retest of the Low? / 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 now continue until 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 09, 2018
A Handy Guide to Congressional Budget Office CBO Report / Interest-Rates / US Debt
By: F_F_Wiley
Tomorrow we’ll get the Congressional Budget Office’s first look at the budgetary consequences of Donald Trump.
That is, the CBO will release its 10-year budget outlook, which was delayed by a few months to allow enough time to assess recent legislation.
Expect the media to respond in a variety of ways, including matter-of-fact reporting and editorials slamming Trump and the GOP for fiscal profligacy. But whatever the perspective, most responses will have one thing in common—they’ll accept the CBO’s figures as being accurate and authoritative.
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Sunday, April 08, 2018
The Bayer-Monsanto Merger Is Bad News for the Planet / Companies / Food Crisis
By: Ellen_Brown
Two new studies from Europe show that the number of birds in agricultural areas of France has crashed by a third in just 15 years, with some species being almost eradicated. The collapse in the bird population mirrors the discovery last October that more than three quarters of all flying insects in Germany have vanished in just three decades. Insects are the staple food source of birds, the pollinators of fruits and the aerators of the soil.
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Sunday, April 08, 2018
Political Posturing Distracts – Trade The Stock Market Wall Of Worry / Stock-Markets / Stock Markets 2018
By: Chris_Vermeulen
Recent news about the US and China posturing for Trade Deals and the continued increase in rhetoric has weighed heavily on the markets these past few weeks. Yes, trade issues are a concern for nations and fair trade is essential to support both economies. Yet, the news seems to be exaggerated in scale and scope when one considers the totality of it all. Our research team at Technical Traders Ltd. has recently completed a detailed analysis of the Chinese economy including a study of the expected pressures that are mounting throughout most of China/Asia. A property market cycle, extended debt issues, foreign capital projects, military tensions and now “trade tariffs” are adding up to quite a bit of headwind for the Chinese.
Sunday, April 08, 2018
Legoland, Alton Towers Theme Parks ... Grown Ups and Mates Go FREE 2018 on Kellogg's, Crunchy Nut... / Personal_Finance / Theme Parks
By: Anika_Walayat
We still have another week to go for the easter school holidays 2018 and with the summer holidays just around the corner parents are seeking ways to keep their kids entertained during holiday season that will likely include several trips to the major UK theme parks. We'll here is some great news for you all as many breakfast serial and chocolate snack bar producers such as Kellogg's are running promotions that allow entry into the UK's top theme parks for ther whole of 2018 for FREE! So plenty of time to use the vouchers to gain entry into 14 UK theme parks that include Alton Towers, Legoland, Chessington, the Dungeon, Sea Life, Shreks Adventure and Madame Tussaud's etc...
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Sunday, April 08, 2018
Stock Market’s High Uncertainty is Medium Term Bullish for Stocks / Stock-Markets / Stock Markets 2018
By: Troy_Bombardia
The stock market’s volatility has been crazy recently. It’s clear that the majority of investors and traders are undecided. It soars a few percent over 2 days, then tanks a few percent over 2 days, then soars, then tanks…
We can see this uncertainty in the market’s breadth as well. The NYSE’s Up Volume indicates the number of stocks that went up today.
8 out of the past 11 trading days have seen Up Volume either above 80% (i.e. most stocks surging) or below 20% (i.e. most stocks going down). This is a rare medium term bullish sign for the stock market.
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Sunday, April 08, 2018
US Dollar Index Analysis / Currencies / US Dollar
By: Austin_Galt
Pattern – price looks to be in a consolidating the downtrend. Once this consolidation is over, which I believe is imminent, the downtrend should resume and see price crack to new lows.Bollinger Bands – these bands clearly show the sideways action in play currently. Price looks like it has just turned down failing to reach the upper band. The lower band has already been hit three times during this consolidation phase and the fourth attempt is usually successful at breaking through.
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Sunday, April 08, 2018
America 2.0 / Politics / US Politics
By: Raul_I_Meijer
It’s Dr. D again. Told you he’s on a roll. He remains convinced America can re-invent itself. If only because it must.
Dr. D: Herbert Stein’s Law states “What Can’t Go On Forever, Doesn’t.” This is a neat summary of the present trade and currency imbalance. China makes real goods and the U.S. consumes them by typing digits on a keyboard. This is the very definition of what cannot go on forever.
• How long do you expect a nation can make nothing and consume everything?
• How long do you expect a nation without manufacturing, without a workforce, and now without a viable military to remain pre-eminent?
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