Thursday, 31 December 2015
Crude
a brief look at the 2 hr candle chart shows a potential bottoming above the natural Gann support level of 36 and the 75 pma possibly starting to turn back up.I need to do more work on the longer term charts but worth keeping an eye on
Monday, 28 December 2015
http://www.armstrongeconomics.com/archives/41005
"David Cameron is perhaps the WORST Conservative in British History. He is doing everything possible to remain in league with Brussels. Cameron’s comment after rigging the Scottish vote to ensure Scotland could not leave the UK was shocking. He said the vote settled the question for “for a generation” revealing his pro-government posture and anti-Democratic undertone. This posture goes all the way to agree with Brussels, and Cameron’s arrogance (video of his speech) was just stunning. His promise for a referendum to leave the EU was a bullshit ploy he never expected would actually stand a chance to win."
"We will see Britain facing a tremendous political upheaval as we approach 2017. We have warned that a year-end closing for the pound below 147 will warn the currency is preparing to crash. We have additional year-end sell signals at 146.15 and 140.50. The ONLY POSSIBLE HOPE TO SAVE BRITAIN will be Nigel Farage. Both Labour and Conservatives have simply lost their minds." Martin Armstrong
"David Cameron is perhaps the WORST Conservative in British History. He is doing everything possible to remain in league with Brussels. Cameron’s comment after rigging the Scottish vote to ensure Scotland could not leave the UK was shocking. He said the vote settled the question for “for a generation” revealing his pro-government posture and anti-Democratic undertone. This posture goes all the way to agree with Brussels, and Cameron’s arrogance (video of his speech) was just stunning. His promise for a referendum to leave the EU was a bullshit ploy he never expected would actually stand a chance to win."
"We will see Britain facing a tremendous political upheaval as we approach 2017. We have warned that a year-end closing for the pound below 147 will warn the currency is preparing to crash. We have additional year-end sell signals at 146.15 and 140.50. The ONLY POSSIBLE HOPE TO SAVE BRITAIN will be Nigel Farage. Both Labour and Conservatives have simply lost their minds." Martin Armstrong
http://wolfstreet.com/2015/12/27/i-was-asked-whatever-happened-to-inflation-after-all-this-money-printing/
"The Fed keeps a hawk’s eye on wages, especially in the lower 80% of the workers. Its goal is to provide cheap labor to corporate America. And when wage inflation ticks up, the Fed can get quite radical about rate increases.
But because cheap labor makes for bad consumers, the Fed is trying to make cheap debt available to them, turning them into debt slaves, problem solved, for the moment.
So this is one lesson we learned: QE channeled to financial and corporate entities causes asset price inflation, not consumer price inflation. And it tends to exacerbate wage deflation at the lower 80% of households.
One of the exceptions is rent. When residential property prices soar, rents tend to follow. And rents have increased sharply in many cities. But unlike stocks, people have to live in these units, and when rents move beyond their reach, all kinds of things happen, including property price crashes."
"The Fed keeps a hawk’s eye on wages, especially in the lower 80% of the workers. Its goal is to provide cheap labor to corporate America. And when wage inflation ticks up, the Fed can get quite radical about rate increases.
But because cheap labor makes for bad consumers, the Fed is trying to make cheap debt available to them, turning them into debt slaves, problem solved, for the moment.
So this is one lesson we learned: QE channeled to financial and corporate entities causes asset price inflation, not consumer price inflation. And it tends to exacerbate wage deflation at the lower 80% of households.
One of the exceptions is rent. When residential property prices soar, rents tend to follow. And rents have increased sharply in many cities. But unlike stocks, people have to live in these units, and when rents move beyond their reach, all kinds of things happen, including property price crashes."
http://traderfeed.blogspot.co.uk/2015/12/trading-with-creativity-finding.html
"One trader thinks about the stock market for 2015, pulls up a chart of the ES futures or SPY ETF, and declares the environment as hopelessly "choppy", with no good trends to trade. Another trader breaks the market into sectors per the FinViz graphic below
and sees a rotational environment during 2015, with plenty of trends when one sector is traded against another. "
"One trader thinks about the stock market for 2015, pulls up a chart of the ES futures or SPY ETF, and declares the environment as hopelessly "choppy", with no good trends to trade. Another trader breaks the market into sectors per the FinViz graphic below
Sunday, 27 December 2015
Saturday, 26 December 2015
SPY
a doji formed on Wednesday at the 200 dma.There is a possible 3rd LH but also a bullish island reversal.For short term traders,bullish whilst above the ma's,bearish below
http://www.washingtonsblog.com/2015/12/dont-change-way-money-created-distributed-change-nothing.html
"In the current system, money is created by central and private banks at the top of the wealth/power pyramid, and distributed within the top of the wealth pyramid. The only possible output of this system is rising wealth inequality and debt-serfdom for three reasons:
1. Those with first access to nearly free money can outbid savers and serfs who must borrow at much higher rates of interest to snap up income-producing assets. In effect, borrowing unlimited sums at near-zero rates guarantees that those with this privilege have a built-in advantage in buying income-producing assets. The only possible output of this system is the rich get richer as they buy up all the most profitable and lowest-risk income-producing assets.
2. Those who can borrow virtually unlimited sums at less than 1% interest skim vast wealth by loaning the money out to everyone below the top of the pyramid at 4% (mortgages), 8% (other loans), and 18% (credit cards). This funnels much of the national income stream to those who can borrow cheap and lend the money at much higher rates.
3. Since the wealthy already own most of the income-producing assets, the easiest way to boost their wealth is to bid up those assets with cheaply borrowed money. For example, borrowing $100 million and using it for stock buybacks leverages the value of the shares by far more than $100 million."
to me this is the most important message that needs to be got out there to the public and to our public representatives.....without it,political discussion is pointless and ineffectual
"In the current system, money is created by central and private banks at the top of the wealth/power pyramid, and distributed within the top of the wealth pyramid. The only possible output of this system is rising wealth inequality and debt-serfdom for three reasons:
1. Those with first access to nearly free money can outbid savers and serfs who must borrow at much higher rates of interest to snap up income-producing assets. In effect, borrowing unlimited sums at near-zero rates guarantees that those with this privilege have a built-in advantage in buying income-producing assets. The only possible output of this system is the rich get richer as they buy up all the most profitable and lowest-risk income-producing assets.
2. Those who can borrow virtually unlimited sums at less than 1% interest skim vast wealth by loaning the money out to everyone below the top of the pyramid at 4% (mortgages), 8% (other loans), and 18% (credit cards). This funnels much of the national income stream to those who can borrow cheap and lend the money at much higher rates.
3. Since the wealthy already own most of the income-producing assets, the easiest way to boost their wealth is to bid up those assets with cheaply borrowed money. For example, borrowing $100 million and using it for stock buybacks leverages the value of the shares by far more than $100 million."
to me this is the most important message that needs to be got out there to the public and to our public representatives.....without it,political discussion is pointless and ineffectual
RIO
there looks to be a possible buy setup here with the move from 36 down to 18 (Gann) and a complementary EW count....a spike below 18 then reverse would do the trick
Thursday, 24 December 2015
Ftse
My best guess at the moment is that we are in a bearish ABC correction from 5865 low and that C should finish around 6295 or 6355
Wednesday, 23 December 2015
Wednesday, 16 December 2015
Tuesday, 15 December 2015
Sunday, 13 December 2015
http://www.safehaven.com/article/39834/gold-and-silver-problem-reaction-solution-does-not-apply-to-pms
"The Rothschild-now-globalist template for gaining control over all money, and now the world, has been create a Problem, let an adverse Reaction develop, then present the desired Solution. On a grander scale, there was the US Civil War to divide the country, then the manufactured Roaring '20s and the stock market bubble, burst when the money changers purposefully tightened the money supply creating massive margin calls and the Crash of 1929.
On a more recent level, we commented on the Arab refugee situation designed to weaken Europe, [See article], as a plan to further the New World Order. The globalists created a Problem in the Middle East. This created an [orchestrated] Reaction of fleeing Arabs to escape the US-driven destruction in their countries, most recently in Syria. The most recent offered Solution? Eliminate borders between European nations and institute EU- controlled border guards, whether any country wants them or not. Checkmate, Europe.
Let the globalists take control over your borders."
"The Rothschild-now-globalist template for gaining control over all money, and now the world, has been create a Problem, let an adverse Reaction develop, then present the desired Solution. On a grander scale, there was the US Civil War to divide the country, then the manufactured Roaring '20s and the stock market bubble, burst when the money changers purposefully tightened the money supply creating massive margin calls and the Crash of 1929.
On a more recent level, we commented on the Arab refugee situation designed to weaken Europe, [See article], as a plan to further the New World Order. The globalists created a Problem in the Middle East. This created an [orchestrated] Reaction of fleeing Arabs to escape the US-driven destruction in their countries, most recently in Syria. The most recent offered Solution? Eliminate borders between European nations and institute EU- controlled border guards, whether any country wants them or not. Checkmate, Europe.
Let the globalists take control over your borders."
Saturday, 12 December 2015
Dax
A possible triangle....headed to support at 10 000 ?
chart from earlier in the week showing the top pattern
Ftse
Ftse should rally next week if support at 5850-5900 holds.It is very oversold.last year there was a Christmas raly that started on December 15
A new EU border force
It may all be coming to a head sooner rather than later. In Britain, the focus is on next year’s referendum. But the Financial Times reports events on the ground are moving much faster. The FT writes that:
“Brussels is to propose the creation of a standing European border force that could take control of the bloc’s external frontiers — even if a government objected. The move would arguably represent the biggest transfer of sovereignty since the creation of the single currency.”
You see. It was never about the money. The money is just a means of persuasion, or coercion if necessary."
fro Dan Denning ,Capital and Conflict
Wednesday, 9 December 2015
Tuesday, 8 December 2015
Sunday, 6 December 2015
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