Monday, February 05, 2018
Stock Market How Low? / Stock-Markets / Stock Markets 2018
Current Position of the Market
SPX: Long-term trend – The bull market is continuing with a top expected in the low 3000s.
Intermediate trend – Is this an intermediate-term top? Perhaps not yet!
Monday, February 05, 2018
Trading the Shadows - Oil, Dollar, Stocks, Gold Trend Analysis / Stock-Markets / Financial Markets 2018
B.R. HollisterI’ve spent over thirty years analyzing markets and have noticed an interesting correlation between the Wall St. Markets (stocks, interest rates) Gold (and the mining shares), the Dollar Index and Oil. In the charts below, I describe what I call “shadows” of the past and how they repeat certain patterns.
Right now I know that traders are concerned with rising interest rates, but at this point in the game I don’t think they matter too much, this is just a much needed 4-6% pull back in the stock market as we fall into the 20 week low. The problem with excessive over speculation should come home to roost especially as we come in to the latter half of the year. My read is that we may see a 20% bear market much like May-Oct 2011 or July-Oct 1998. Meanwhile, buying the dips should prove lucrative.
Monday, February 05, 2018
Did The Stock Market Top Last Week? I think Not / Stock-Markets / Stock Markets 2018
We’re certain that many of you are asking yourself this question after seeing the markets rotate to the downside so hard recently. If you had been reading our past analysis for the early portion of 2018, you would likely know the answer to this question. If not, this research article will assist in your understanding of the market’s rotation and what to expect over the next few weeks/months.
We called a market advance in early 2018 nearly three weeks before the end of 2017. We also called the current move, lower, at that same time. Recently, we’ve made calls regarding the US Dollar, metals markets, and natural gas that have played out exceptionally well for our members. Now, we’ll show you what to expect in the markets for the next few weeks.
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Monday, February 05, 2018
The Meaning of Economic Philosophy / Economics / Economic Theory
Dr. Gero Jenner writes:In ‘The Open Society and its Enemies’, Karl Popper strongly defended the position that major interventions in the economy, especially when ideologically motivated, are usually disastrous and should therefore be avoided. Popper wrote his famous work towards the end of the thirties. On the one hand, he saw the devastating effects of textbook-based economies, where the working masses were tied into an economic strait-jacket by a Politburo, on the other hand, Popper was well aware of the dangers of that kind of capitalism, which tended to place the interests of a few monopolists above those of the general population. Against such aberrations, Popper propagated what he called ’social engineering‘, namely, a model of small steps, where every previous economic intervention is painstakingly scrutinized in view of its effects before any further action is embarked upon. Popper seemed to regard the economy in the same way as a highly complex machinery which a layman cannot tackle without causing the greatest damage.
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Sunday, February 04, 2018
Where Have All The Stock Market Investors Gone? / Stock-Markets / Stock Markets 2018
Given that most trading in capital markets today is momentum-based buying and selling, where much of the trading is a reaction to news and directed to ETFs that are being manipulated by computer algorithms, it’s a legitimate question to ask where have all the investors gone?
Is most everybody today just a buyer or a seller of prices? If so, the marketplace has gotten off track. Are people fed up with market intervention, are they too indifferent to market risk until they panic or are they simply not able or not caring to understand the assets they are buying?
Sunday, February 04, 2018
Dow Falls 666 Points As Cryptocurrencies Crash And Krugman Emerges From His Van / Currencies / BlockChain
On Friday, the Dow Jones fell 665.75 points. Or, if you round it, 666 points. Also known to many as the “mark of the beast”. It was also the sixth worst point drop in US stock market history.
This also happened on the 33rd day of the year. 33 is the most important number in Freemasonry.
This is noteworthy because it is the first serious drop in the US stock markets on a weekly basis in two years.
But are the numbers 666 and 33 just a coincidence?
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Sunday, February 04, 2018
Removing Fuel from a Stock Market Rally on Fire / Stock-Markets / Stock Markets 2018
Friday, January 26, 2018; the Dow sets a record, adding almost 2,000 points in the first 4 weeks of the year.
Forget rising rates. Ignore what is taking place in Washington. Central Banks? Who are they? Wealth from the “perfect bull” only comes in two speeds, slow and fast.
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Sunday, February 04, 2018
10yr Yield Nears Target, ‘Inflation Trade’ Failing, Gold Sector Shaking Off Inflation Bugs / Interest-Rates / US Bonds
Over and over again I’ve been making goofy headlines about the Amigos, the 3 macro riders who will reach (or abort) their respective destinations, at which point the macro is subject to change. The latest update was yesterday with a daily chart view.
Just look at them, the SPX vs. Gold Amigo, the 10yr & 30yr Yield Amigo and the Yield Curve Amigo. So happy-go-lucky while they ride. But #2, the one in the middle, looks like he’s bracing for something.
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Saturday, February 03, 2018
Here Come Bigger Paychecks! / Politics / Government Spending
So far in 2018, New England froze over and the government shut down. And it’s only January!But just like with Christmas, there are some things that never happen fast enough. One of them is any change that gives workers bigger paychecks. With February just around the corner, that change is coming fast!
The IRS has published the new withholding tables reflecting the recent tax reform. By the pay period ending February 15, employers should have built these rules into their payroll calculations.
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Saturday, February 03, 2018
What’s Behind the Rising Gold and Treasury Bond Yields / Commodities / Gold and Silver 2018
Three trends I’ve been forecasting have been happening in the last year:
- The strong Trump rally.
- Rising 10-year Treasury bond yields.
- And rising gold prices.
They’re all related to late stage inflation and the expected tax cuts, which have materialized.
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Saturday, February 03, 2018
Stocks Plunge. Volatility Spikes. Fear Returns / Stock-Markets / Stock Markets 2018
Urgent Message Two Must See NASDAQ Charts
This short video shows you everything you need to know about the position of the stock market today. It's a must-see message for anyone investing in stocks today.
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Saturday, February 03, 2018
Have Stock Investors Gone Insane? / Stock-Markets / Stock Markets 2018
This has the appearance of a Wave (iii) of a Leading Diagonal Wave [i]. Thus far it has not succeeded in making its Head & Shoulders target, but it may not be complete. This may be where the wheels fall off, so I am hesitant to put a label on the structure yet. It doesn’t look very good, does it?
ZeroHedge advises, “With positioning at extremes, and leverage at extremes, and valuations at extremes, Deutsche Bank's Binky Chadha raises the red flag as the correlation across asset-classes soars to record highs signaling extreme contagion risk.
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Saturday, February 03, 2018
Stock Market Plunge Protection Team Spotted Atop Mount Everest! / Stock-Markets / Stock Markets 2018
Many market observers would agree that the current stock market is either in a bubble or at least richly valued by historical standards. Not that it matters. The Dow’s ascent looks like Mount Everest complete with a lack of oxygen at the top. All that has mattered when it comes to stocks for thirty years now is the Federal Reserve and their ‘Plunge Protection Team (PPT)’ activities.
When stocks needed a boost, they were there to buy market indices back up when no one else would dare. Since the election of President Donald Trump, market indices have been moving straight up. The PPT has not been needed. There have been no sell-offs. That is, until the very end of January, 2018. Even then, the Dow dipped just a couple of percentage points.
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Saturday, February 03, 2018
Letting a Land Rover Discovery Sport Fuel Tank Run to 0% Empty / Personal_Finance / Motoring
Given the poor fuel economy of Land Rover Discovery Sport's i.e. owners will be lucky to achieve 30MPG let alone anywhere near Land Rover's sales pitch of 53.3MPG. Add to that the small 50 litre usable fuel tank then Discovery Sport drivers will often see themselves running low on fuel, but what happens when you let your fuel gauge run to zero, 0% Empty, and just how reliable is the fuel gauge for I am sure Disco Sport drivers are soon aware that the fuel gauge tends to vary in its reading. We'll we put a Disco Sport to the test in this video to find out just how reliable the fuel gauge is and what happens at EMPTY.
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Friday, February 02, 2018
Radical Gold Under Investment / Commodities / Gold and Silver Stocks 2018
Global investors are radically underinvested in gold today. Years of relentless stock-market rallying to endless new record highs have left this classic alternative investment deeply out of favor. But this gold-demand ebb is ending. The same central banks that fueled these extreme stock markets through epic easing are reversing to massive and unprecedented tightening. As stocks roll over, gold investment will return.
Gold is a unique asset class established over millennia that should play a critical role in every investment portfolio. Unlike virtually everything else, gold generally rallies when stock markets inevitably suffer their periodic major selloffs. That effectively makes gold the anti-stock trade. A substantial gold allocation is essential and necessary to diversify and protect stock-heavy portfolios, moderating their overall volatility.
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Friday, February 02, 2018
The Stock Market Lugnuts are Loose! / Stock-Markets / Stock Markets 2018
SPX has crossed the neckline and round number support at 2800.00. While Kolanovic and the Risk Parity algos ignored the initial decline, they will have a harder time of it today. The real question is, how far will it go today? Panic may set in if not already, as the Head & Shoulders target appears to be an easy mark.
ZeroHedge reports, “Last Friday, when the S&P hit an all time high and inexplicably melted up in the last hour of trading in a burst of frenzied buying, we warned that according to Bank of America, "Biggest Sell Signal In 5 Years Was Just Triggered." Incidentally, on that very day, the S&P 500 bull market became the second largest of all time last Friday, as the global equity market cap of $86.6TN rose $57.9TN from 2009 lows and $29.9TN from 2016 lows, according to BofA.
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Friday, February 02, 2018
How to Trade the Stocks, Gold, Oil and Dollar Markets Next Week - Video / Stock-Markets / Financial Markets 2018
How to Trade the Stocks, Gold, Oil and Dollar Markets Next Week - 53 years experience in researching and trading makes analyzing the complex and ever-changing financial markets a natural process. We have a simple highly effective way to provide our customers with the most convenient, accurate, and clear market forecasts available today. Our stock and ETF trading alerts are readily available through our exclusive membership service via email and SMS text. Our newsletter, Technical Trading Mastery book, and 3 Hour Trading Video Course are designed for both traders and investors. Also, some of our strategies have been fully automated for the ultimate trading experience.
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Friday, February 02, 2018
Unbearable Fall of Bitcoin / Currencies / Bitcoin
There rarely is a more interesting time to be observing the Bitcoin market than what we see now. In an article on CNBC, we read:
Digital currency bitcoin fell Tuesday as the 20 largest digital currencies by market capitalization all declined, according to CoinMarketCap.
Bitcoin traded 12 percent lower near $9,817 as of 1:19 p.m. ET, according to CoinDesk's bitcoin price index, which tracks prices from digital currency exchanges Bitstamp, Coinbase, itBit and Bitfinex.
Friday, February 02, 2018
Gold Price February Correction to Below $1300 - Video / Commodities / Gold and Silver 2018
The gold price had a good start for 2018, rising from 1310 at the start of January to a high of $1367 with the most recent trading price of $1351. Which is set against my forecast for 2018 for the gold price to first target resistance $1375, an eventual break of which would propel the Gold price towards a 2018 target of $1500, and then further for the Gold price to ultimately target a trend towards $1800.
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Friday, February 02, 2018
Can The Shale Oil Boom Avoid These Bottlenecks? / Commodities / Shale Oil and Gas
Shale companies continue to drill at a frenzied pace, adding rigs and breaking U.S. oil production levels with each passing week. Yet, the oil production is becoming increasingly geographically concentrated. Not only is the Permian basin accounting for much of the new oil production in the U.S., but a relatively small number of counties within the Permian are home to most of that action.
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