U.S. stocks could open firmly higher Friday, according to early futures prices, but with government bond yields and volatility gauges still elevated, investors in Europe and Asia remained cautious the echo from last night's 1,000 point plunge for the Dow Jones Industrial Average echoed across global markets. Early indications from U.S. futures prices suggest a positive open on Wall Street, altho...Read More
Markets were up and down like a yo-yo today, but the Dow closed today up 330 points.Since last Thursday we'd seen a triple meltdown in bonds, stocks and cryptocurrencies. What's amazing is that there's no consensus on why these three markets were all crashing at once.Using my unique Project Prophesy predictive analytic methods, I can offer investors a clear view of why markets have been falling, a...Read More
The lion has lost its roar.Stocks have officially suffered a "correction."After yesterday's soaking, both the Dow Jones and S&P fell 10% from their recent highs.And like a moony love affair gone suddenly wrong... last month's euphoria has succumbed to this week's disillusionment."Disillusionment" seems just the right word, too.This week's events have left many investors disillusioned…Van...Read More
It was another rough day for the markets.The major averages fell off a cliff yesterday afternoon to finish the trading day at the lows. The Dow Jones Industrial Average coughed up another 1,000 points to post a 4% drop. The S&P 500 and Nasdaq Composite weren't far behind.Aside from a couple positive earnings surprises, few stocks were safe from Thursday's drop. This morning, the selling is con...Read More
As the dust settles from Monday’s flash crash, we’re starting to get a better picture of what actually happened.It turns out the carnage can be traced back to a kind of financial “weapon of mass destruction” - or WMD. Traders regularly use these instruments to siphon cash out of the market. But one wrong move, and BOOM! - as we saw firsthand earlier in the week.So today, we...Read More
From the technical point of view, the VanEck Vectors Junior Gold Miners ETF (GDXJ) is primed for a big move.The share price of GDXJ is strongly correlated with the gold price.If the support at $30 is broken, things may get ugly.If the $30 support level holds and the broader stock market stabilizes, the triangle trading pattern may be broken to the upside.The VanEck Vectors Junior Gold Miners ETF (...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterThe TSX Venture Exchange lost 5.8 points to 813.39 Friday. Pat DiCapo and David D'Onofrio's fourth capital pool shell, POCML 4 Inc. (POCM), listed today with a $200,000 initial public offering at 10 cents. It has yet to trade. Mr. DiCa...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business Reporter West Texas Intermediate crude for March delivery lost 64 cents to $61.15 on the New York Merc, while Brent for April lost 70 cents to $64.81 (all figures in this para U.S.). Western Canadian Select traded at a discount of $30.70 to WT...Read More
Integra Resources (ITR.V) sure isn't wasting any time as just months after it reported its first (inferred) resource estimate on the DeLamar gold-silver project in Idaho, it has now also released a maiden resource estimate on the recently acquired Florida Mountain project as well.According to this estimate (based on in excess of 800 drill holes), Florida Mountain contains a gold resource of 675,00...Read More
To authorize dedicated domestic terrorism offices within the Department of Homeland Security, the Department of Justice, and the Federal Bureau of Investigation to analyze and monitor domestic terrorist activity and require the Federal Government to take steps to prevent domestic terrorism.That’s the text of a bill introduced in Congress on February 2nd called the Domestic Terrorism Preventi...Read More
Actions and ReactionsDown markets, like up markets, are both dazzling and delightful. The shock and awe of near back-to-back 1,000 point Dow Jones Industrial Average (DJIA) free-falls is indeed spectacular. There are many reasons to revel in it. Today we shall share a few. To begin, losing money in a multi-day stock market dump is no fun at all. We'd rather get our teeth drilled by a dentist...Read More
US Stock MarketWe will update global markets as well as the macro situation in NFTRH 486, but for this article I'd like to focus on the US stock market.Let's cut to the chase; the markets have finally fallen in line for those of us who manage markets, as opposed to dollar cost average into them through a money manager and then go about life, blissfully unaware. Much like during the 2015-2016 perio...Read More
Our proprietary cycle indicator is down.To public readers of our updates, our cycle indicator is one of the most effective timing tool for traders and investors. It is not perfect, because periodically the market can be more volatile and can result in short term whipsaws. But overall, the cycle indicator provides us with a clear direction how we should be speculating.InvestorsDuring a major buy si...Read More
- Hussman warns 'the S&P500 to lose approximately two-thirds of its value over the completion of this cycle'- 'The market has lost value, even since 2009, when overvalued, overbought, over-bullish conditions were joined by divergent internals'- Believes the market is going to learn lessons about the crash 'the hard way'In an almost prophetic blog post from John Hussman last week, we are warned a...Read More
Summary And Conclusion30% to 45% assuming consumers remain rational and assuming commercial banks are able to cope with a possible increase in their levels of non-performing loans.***********The era of Artificial Intelligence will facilitate easier and lower cost ways of conducting existing activities but will not necessarily add to conventionally measured Gross Domestic Product. (GDP)Flowing from...Read More
Jesse Felder ReportInteresting juncture comparing to the 1996-2002 period current H&S bottomRead More
Bix Weir has 30 years' experience in the financial industry with various fortune 500 companies. He is the creator of the "Road to Roota Theory" and his commentary is published at www.RoadtoRoota.com. Bix has dedicated his efforts over the last 15 years to exposing the long term manipulation of the gold and silver markets. He has worked closely with the Gold Anti-Trust Action Committee helping to p...Read More
"I have been on record saying that the next bear market goes down to 5,000. If you are in stocks, I say you could lose everything if the DOW goes to 5,000. This is the price target I have had for a couple of years."Charles Nenner founded, and is president of, the Charles Nenner Research Center. Mr. Nenner has provided his independent market research to the following entities all over the world: he...Read More
Max interviews Mish Shedlock of MishTalk.com about this take on the Atlanta Fed's GDPNow forecast of 5.4% and the Bank of Japan's wacky offer to spend 'unlimited amounts' buying 10-year bonds.Max Keiser is an American broadcaster and film-maker. He hosts Keiser Report, a financial program broadcast on RT. He presents a weekly show about finance and markets on London's Resonance FM, and writes for...Read More
To understand the risk of contagion, you can think of the marlin in Hemingway's Old Man and the Sea. The marlin started out as a prize catch lashed to the side of the Continue...Read More