Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
GOLD in Low Time window (5)
according to Eric S. Hadik, his works suggested:
- Gold & Silver has Fulfilled 3--5 Year Analysis with Uncanny Precision dating back to 2011; A few samples of this analysis - for Gold & Silver to drop into June/July 2015 - can be found at:
Aug. 2011: link
June 2013: link
Nov. 2014: link
Dec. 2014: link
Dec. 2014: link
Feb. 2015: link
Mar. 2015: link
- July 2015 Remains Most Likely Time for MAJOR Bottom!
- However, several criteria MUST be met before that buy signal emerges. (reserved for subscribers)
comments:
- 07/17/15 wait for sign of reversing for safer bet
Gold Bulls & bears
(1) An open letter to investors who are bullish on gold
By Howard Gold
Published: July 23, 2015 8:44 a.m. ET
http://www.marketwatch.com/story/an-open-letter-to-investors-who-are-bullish-on-gold-2015-07-23?dist=lcountdown
(2) Goldman’s Currie expects gold to fall under $1,000
By Victor Reklaitis
Published: July 22, 2015 10:59 a.m. ET
http://www.marketwatch.com/story/goldmans-currie-expects-gold-to-fall-under-1000-report-2015-07-22?dist=lcountdown
(3) Get ready to buy gold
By Avi Gilburt
Published: July 22, 2015 1:27 p.m. ET
http://www.marketwatch.com/story/get-ready-to-buy-gold-2015-07-22?dist=lcountdown
(4) Gold – It Ain’t Over Until the Fat Lady Sings
a blank post
GOLD in Low Time window (4)
comments:
Friday, 07/17/15 10:03:35 AM
wait for sign of reversing for safer bet
Read At Your Own Peril
WaveTrack International July 20, 2015
Gold’s Diagonal Pattern hits Magical Targets and why this is a special trading opportunity
Gold Bullion – Time to be a Contrarian!
by WaveTrack International| July 20, 2015
http://blog.wavetrack.com/gold-bullion/
GOLD in Low Time window (3)
from what i read from Lara Iriarte's work: wihtout recovering above 1093-1131 quickly, next target 957.
Lara Iriarte charts (see re-post of the quote}
http://static.safehaven.com/authors/iriarte/38151_a_large.png
By: Lara Iriarte | Thu, Jul 2, 2015
The bear wave count has increased in probability with a new low below 1,162.80. Full confidence may be had in this wave count with a new low below 1,131.09.
This wave count follows the bear weekly count which sees primary wave 5 within cycle wave a as incomplete. At 957 primary wave 5 would reach equality in length with primary wave 1.
dindindon Friday, 07/17/15 10:03:35 AM
critical support 1131.09
http://www.safehaven.com/article/38151/gold-elliott-wave-technical-analysis
Wednesday, 07/15/15 11:38:27 AM
GOLD Elliott Wave Technical Analysis
By: Lara Iriarte | Thu, Jul 2, 2015
http://www.safehaven.com/article/38151/gold-elliott-wave-technical-analysis
Summary: It is increasingly likely that the trend is down. Final confirmation would come with a new low below 1,131.09.
HERE WE GO: gold just dropped $30, 2.5%
from IndexCalls.com 06:56 PM-06:59 PM -
Eric Pomboy @epomboy
~7000 gold contracts dumped at 9:28pm EST in one second.
Eric Pomboy @epomboy
gold volume: ~36,000 before 10pm. Big.
HERE WE GO: Gold Plunges Through $1080 to New Bear Market Lows
Posted on July 19, 2015
http://www.silverdoctors.com/here-we-go-gold-plunges-through-10800-to-new-bear-market-lows/
It appears the waterfall capitulation even we warned could occur on Sunday’s Asian open has begun, as gold has just plunged over $50 in nano seconds to $1080…
Gold breaks through previous bear market low at $1130, and instantly plunged $50 to $1080:
Record Gold/Silver Shorting
FYI FWIW
Record Gold/Silver Shorting
By: Adam Hamilton | Fri, Jul 17, 2015
http://www.safehaven.com/article/38312/record-goldsilver-shorting
That will soon reverse into guaranteed, proportional buying.
China Ends Mystery of Gold Hoard
China Ends Mystery of Gold Hoard to Top Russia’s Holdings
07/17/15
http://www.bloomberg.com/news/articles/2015-07-17/china-increases-gold-reserves-in-first-disclosure-since-2009
China boosted bullion assets to 53.31 million troy ounces, or about 1,658 metric tons, the People’s Bank of China said in a statement Friday. That’s up from 1,054 tons in 2009, when it last updated the figures. The U.S. has the biggest reserves at 8,133.5 tons, data from the World Gold Council show.
07/17/15 Shanghai composite index
as expected, the Shanghai composite index bounced off the bottom, and on 07/17, it reached 3957.35. The major batter zone is 4000 +/- 100.
archive:
-------------------------------
Thursday, 07/09/15 12:49:34 AM
(1) 3426-3234
(2) 3410-3216
(3) 3324-3121
imho, 3373.54 is in the range of (1) and (2). So, the index might have reached a short term trade-able bottom (,as long as 3324 is maintained).
07/17 SPX
In spite of those Bullish E-wave calls, the QE induced, mighty SPX shows deterioating sign in monthly chart; i speculate SPX will not reach the middle term target 2213.50 (major:1.500/2130.46, 1.618/2213.50) in the next few months.
Saturday, 06/20/15 03:27:12 PM
(1) Long term target - pending
(2) Middle term target 2213.50
Gauge 2157.33-2167.53 to see 2213.50
(3) SPX Short term high targets 2137.74, 2141.14, 2148.70
(6) imho: Pullback below 1976 +/- is the
confirmation we may not see 2213.50 for
a quite long time.
Short term low targets:
based on retracement
2066.04, 2039.66, 2017.20
EDIT: recent low 2044.02 on 07/07
Thursday, 05/07/15 01:19:21 PM
The battle field is very clearly deployed, with the center line 2100, up to 2200, down to 2000.
This is the In-Distance combat zone for quick traders.
GOLD in Low Time window (2)
Gold Futures - Aug 15 (GCQ5)
http://www.investing.com/commodities/gold-historical-data
session low 1134.80, ongoing,
critical support 1131.09
http://www.safehaven.com/article/38151/gold-elliott-wave-technical-analysis
according to Eric Hadik, gold Low time window 07/13--17, ideally into July 17.
http://www.traders-talk.com/mb2/index.php?showtopic=160099&st=50&p=724954entry724954
http://www.traders-talk.com/mb2/index.php?showtopic=160099&view=findpost&p=725772
Date High Low
07/17/15 1144.40 1134.80 Ongoing
07/16/15 1146.50 1142.90
07/15/15 1155.50 1142.20
07/14/15 1169.50 1144.40
07/13/15 1172.60 1144.80
07/12/15 1163.80 1160.80
07/10/15 1164.50 1156.40
07/09/15 1166.90 1155.10
07/08/15 1163.80 1145.90
07/07/15 1170.00 1146.80
07/06/15 1174.40 1161.90
07/03/15 1169.00 1164.60
07/02/15 1169.20 1155.80
07/01/15 1174.40 1166.70
06/30/15 1180.00 1165.40
06/29/15 1187.60 1173.20
06/26/15 1178.00 1167.10
06/25/15 1177.30 1170.50
06/24/15 1179.70 1168.10
06/23/15 1187.70 1175.60
06/22/15 1200.80 1181.60
06/19/15 1204.00 1198.00
06/18/15 1205.70 1183.10 swing high
06/17/15 1188.80 1173.90
You got the date, thus good enough
i don't lock too much faith on his call, just pass through the info FWIW.
regarding your comments: "It amazes me how people know the future.", Larry Edelson is not alone, Tony Caldaro made his Bullish E-wave call (2530-2630 by Q1 2016), Marc Faber (Prepare for a Gold-Backed Chinese Currency), Harry Dent (Over $100 Trillion in Wealth Will Disappear), .... etc. to name just a few. ...
RE: rab120 Larry Edelson
sign up Weiss Research http://www.moneyandmarkets.com/
so you will get a mail for an invitation to listen to the following details via web broadcasting. It is free information (to fish you to buy their "in-depth")
THE EVENT:
"Shocking Forecast for 2015-2020"
with Weiss Senior Analyst, LARRY EDELSON
THE DATES
Session #1: Monday, July 20
Session #2: Tuesday, July 21
Session #3: Wednesday, July 22
THE TIME
2:00 PM Eastern Time
(1:00 PM Central, 12:00 Noon Mountain,
11:00 AM Pacific)
THE PRICE - FREE
>> it aint over yet
getmenews Friday, 07/10/15 01:05:24 PM
it aint over yet
2138 short
for now, just drifting tide
getmenews Monday, 05/11/15 09:01:15 AM
no position until we reach target number 2138
diddindon Tuesday, 05/19/15 02:18:02 PM
a big one is imminent, not for quick trades.
i have no SPX releated ETFs.
wait for singal, entering Short requires confirmation.
On October 7, 2015, the first economic supercycle since 1929 will trigger a global financial crisis of epic proportions.
It will bring Europe, Japan and the United States to their knees, sending nearly one billion human beings on a roller-coaster ride through Hell.
(-- google for details --)
Larry Edelson
Senior Analyst,
Weiss Research
>> I think we have passed the point-of-no-return.
Greece perspective on Grand scale
- It's mostly Europe's fault, but Greece isn't blameless
As an EU member, it was required to limit its deficits to 3 percent of GDP and its debt to 60 percent of GDP. But Greece enlisted banks like Goldman Sachs and JPMorgan Chase to evade those rules and borrow money under the radar to enable more spending. Goldman Sachs helped mask Greece’s debt
http://www.vox.com/2015/6/30/8867939/greece-economic-crisis
https://www.thebureauinvestigates.com/2012/02/21/how-goldman-sachs-helped-mask-greeces-debt/
Anyway, name calling is useless, German is aiming on a multi-polar world [reference 1]
- Greece is the “Caecum” that can “coexist” with EU participants peacefully. when “Appendicitis” shows up, it needs to cut off without further catastrophe. The "cut off" is not the End for EU, it is the beginning of a new chapter. As described in reference 1, A "strong Europe cluster" can work with BRICs nicely whether EURO will survive or not.
- The USD is the “beneficiary” on Europe’s calamity. Since the EURO is a serious competitor to Dollar’s hegemony, when Greece saga has no further “usage”, Someone will make a new hot spot or peel off the old wound where he made it before. Furthermore, even Yuan is not freely traded, Someone want to “depress” it, [reference 2], That strategy is “hoist with his own petard”, as matter of time, lead to an incurable exhaustion. not because of someone is under the Capitalism or Socialism or Exceptionalism or whatever-ism, “no Zuo no die”.
“no Zuo no die”: http://www.urbandictionary.com/define.php?term=no+zuo+no+die
[reference]
(1) What The BRICS Plus Germany Are Really Up To?
Posted on March 5, 2015 By Pepe Escobar
https://counterinformation.wordpress.com/2015/03/05/what-the-brics-plus-germany-are-really-up-to/
http://www.informationclearinghouse.info/article41131.htm
(2)
(2.a) Revising U.S. Grand Strategy Toward China
Authors: Robert D. Blackwill
Blackwill and Tellis recommend that Washington do the following:
http://www.cfr.org/china/revising-us-grand-strategy-toward-china/p36371
Revitalize the U.S. economy
"Nothing would better promote the United States' strategic future and grand strategy toward China than robust economic growth…This must be the first priority of the president and Congress."
(2.b) Revising U.S. Grand Strategy Toward China
Council Special Report No. 72
March 2015 Robert D. Blackwill and Ashley J. Tellis
http://carnegieendowment.org/files/Tellis_Blackwill.pdf
(Page 5): Even as China’s overall gross domestic product (GDP) growth slows considerably in the future, its relative growth rates are likely to be higher than those of the United States for the foreseeable future, thus making the need to balance its rising power important. Only a fundamental collapse of the Chinese state would free Washington from the obligation of systematically balancing Beijing, because even the alternative of a modest Chinese stumble would not eliminate the dangers presented to the United States in Asia and beyond.
(2.c)
The National Military Strategy of the United States of America
2015
http://news.usni.org/2015/07/02/document-2015-u-s-national-military-strategy
page 5: This 2015 National Military Strategy addresses the need to counter revisionist states that are challenging international norms as well as violent extremist organizations (VEOs) that are undermining trans-regional security. We are working with allies and partners to deter, deny, and when necessary defeat potential state adversaries. Concurrently, we are leading multiple coalition efforts to disrupt, degrade, and defeat VEOs. Central to these efforts is strengthening our global network of allies and partners. This integrated strategy requires us to conduct synchronized operations around the globe, implement institutional reforms at home, and sustain the capabilities, capacity, and readiness required to prevail in conflicts that may differ significantly in scope, scale, and duration
(2.d) Pentagon Concludes America Not Safe Unless It Conquers The World — Paul Craig Roberts
July 10, 2015
http://www.paulcraigroberts.org/2015/07/10/pentagon-concludes-america-safe-unless-conquers-world-paul-craig-roberts-3/
The Pentagon has released its “National Military Strategy of the United States of America 2015,” June 2015. http://news.usni.org/2015/07/02/document-2015-u-s-national-military-strategy
The document announces a shift in focus from terrorists to “state actors” that “are challenging international norms.” It is important to understand what these words mean. Governments that challenge international norms are sovereign countries that pursue policies independently of Washington’s policies. These “revisionist states” are threats, not because they plan to attack the US, which the Pentagon admits neither Russia nor China intend, but because they are independent. In other words, the norm is dependence on Washington.
GOLD in Low Time window
Read at Your own peril
Gold Futures - Aug 15 (GCQ5), session low 1142.20, Ongoing.
http://www.investing.com/commodities/gold-historical-data
Date High Low
07/15/15 1155.50 1142.20 Ongoing
07/14/15 1169.50 1144.40
07/13/15 1172.60 1144.80
07/12/15 1163.80 1160.80
07/10/15 1164.50 1156.40
07/09/15 1166.90 1155.10
07/08/15 1163.80 1145.90
07/07/15 1170.00 1146.80
07/06/15 1174.40 1161.90
07/03/15 1169.00 1164.60
07/02/15 1169.20 1155.80
07/01/15 1174.40 1166.70
06/30/15 1180.00 1165.40
06/29/15 1187.60 1173.20
06/26/15 1178.00 1167.10
06/25/15 1177.30 1170.50
06/24/15 1179.70 1168.10
06/23/15 1187.70 1175.60
06/22/15 1200.80 1181.60
06/19/15 1204.00 1198.00
06/18/15 1205.70 1183.10
06/17/15 1188.80 1173.90
(1) Gold Market Update
By: Clive Maund | Sun, Jul 12, 2015
http://www.safehaven.com/article/38252/gold-market-update
(2) diddindon Friday, 07/10/15 11:07:54 AM
NUGT is getting closer to a short term trade-able bottom
(3) tria Jul 9 2015, 12:10 PM
http://www.traders-talk.com/mb2/index.php?showtopic=160099&view=findpost&p=725772
From Eric Hadik’s latest free email today.
“The Golden Buy Signal
All of that sets the stage for a new buy signal in Gold & Silver – that could come during the second half of July. However, several criteria MUST be met – including the attainment of those downside price targets – before that buy signal emerges.
Once triggered, that is expected to usher in what has been described for the past few years – a massive surge in Gold & Silver between mid-2015 and a specific point in 2016 (and ultimately into 2018)!
Is the (metals) buying opportunity of the decade… around the corner???”
(4) dindindon Friday, 07/03/15 02:36:30 PM
Gold breached the half power point 0.707/1206.31 ( 0.707 * 0.707 = 0.5) on 06/18, and then reversed down below the support 1189.10 (number posted on 06/20)
-The down trend opened a decent Short swing trade opportunity
(EDIT Told You Told You)
(5) tria Jul 3 2015, 01:19 AM
http://www.traders-talk.com/mb2/index.php?showtopic=160099&view=findpost&p=724954
Eric Hadik's opinion:
"Gold & Silver remain on track for a drop into July 2015… potentially into July 13--17, 2015… and ideally into July 17, 2015."
-tria
(6) GOLD Elliott Wave Technical Analysis
By: Lara Iriarte | Thu, Jul 2, 2015
http://www.safehaven.com/article/38151/gold-elliott-wave-technical-analysis
Summary: It is increasingly likely that the trend is down. Final confirmation would come with a new low below 1,131.09.
NUGT is getting closer to a trade-able bottom
session low 6.63 (ATL), ongoing
- this is not a bottom call
- referece
imho: NUGT is getting closer to a short term trade-able bottom
07/10/15 Shanghai composite index, rally continues
3948.18+238.85+6.44
- as of 07/10/15, 10:58 am, Shanghai Time
- Ongoing
diddindon Thursday, 07/09/15 12:49:34 AM
07/09 Shanghai Index marked a session low 3373.54
imho, the index might have reached a short term trade-able bottom (,as long as 3324 is maintained).
chart: http://forexrainbow.com/images/87185313745615167336.jpg
diddindon Tuesday, 07/07/15 10:23:02 AM
Getting closer to a critical support, hard to say it will hold or not.
CHINA CRISIS - HYPEROVERSOLD CONDITION CALLS FOR BOUNCE - TARGET...
Clive Maund originally published July 9th, 2015
http://www.clivemaund.com/article.php?art_id=3502
chart courtesy: Clive Maund
China Security Agency to Investigate ‘Malicious’ Short Sales
http://www.bloomberg.com/news/articles/2015-07-09/china-security-agency-to-investigate-malicious-short-selling
Mr. Meng, Deputy Minister of public security and his team to Investigate ‘Malicious’ Short Sales
source: http://www.guancha.cn/economy/2015_07_09_326202.shtml
Ministry of Public Security (China)
link
07/09/15 Shanghai composite index
07/09 Shanghai Morning session
Index marked a session low 3373.54 (session ongoing) and reversed.
From the following long term chart, it is hard to pinpoint the reference points for calculating the retracement, a few possible low target are:
(1) 3426-3234
(2) 3410-3216
(3) 3324-3121
imho, 3373.54 is in the range of (1) and (2). So, the index might have reached a short term trade-able bottom (,as long as 3324 is maintained).
Shanghai Stock Exchange Composite Index, a complete history since its debut in December 1990.
The NYSE is open after a 3-hour halt
AKIN OYEDELE AND LINETTE LOPEZ
Jul. 8, 2015, 11:40 AM
http://www.businessinsider.com/trading-halted-at-the-nyse-2015-7
The halt was triggered by a technical glitch.
developing: Trading Halted on New York Stock Exchange
Jul 8, 2015, 11:49 AM ET
By SUSANNA KIM
The New York Stock Exchange (NYSE) has halted trading today, leaving investors unable to buy and sell securities.
http://abcnews.go.com/Business/trading-halted-york-stock-exchange-nyse/story?id=32302884
http://www.businessinsider.com/trading-halted-at-the-nyse-2015-7
"Additional information will follow as soon as possible," the NYSE's website says.
Trading halted on NYSE floor due to apparent technical issue
http://www.msnbc.com/msnbc/trading-halted-nyse-floor
China stock indices in free fall again!
Ongoing data:
Time stamp:
07/07 06:44 PM PDT, Pacific Daylight Saving Time
07/08 09:44 AM China Only Has One Time Zone, (GMT+8)
Shanghai composite index - http://gu.qq.com/sh000001
3494.01 - down 6.25% down 233.12 points
session low: 3421.52 (critical support 3404.86, see quote)
FTSE China 50 - http://gu.qq.com/hk02838?pgv_ref=fi_smartbox&_ver=2.0
175.50, down 6.65%, down 12.5 points.
- Trading Hours http://asiaetrading.com/exchanges/china-exchanges/shanghai-stock-exchange/trading-hours/
07/07/15 YANG/FXP, SPX, Gold/miners
Monday, 06/15/15 10:39:45 PM
FTSE China 50 Index is deteriorating obviously.
any one bought Yang/FXP?
chart: http://forexrainbow.com/images/31897513726341415006.jpg
Friday, 07/03/15 02:36:30 PM
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=115145964
GOLD Elliott Wave Technical Analysis
By: Lara Iriarte | Thu, Jul 2, 2015
http://www.safehaven.com/article/38151/gold-elliott-wave-technical-analysis
Summary: It is increasingly likely that the trend is down. Final confirmation would come with a new low below 1,131.09. In the very short term, a small upwards correction should complete then be followed by more downwards movement.
chart errata & Timing
error in this chart
data source: http://www.investing.com/commodities/gold-historical-data
tria 07/03/2015, 01:19 AM
link
Eric Hadik's opinion:
"Gold & Silver remain on track for a drop into July 2015… potentially into July 13--17, 2015… and ideally into July 17, 2015."
-tria
07/03/15 Gold
June 24, 2015 Eric S. Hadik
http://17yearcycle.com/uncategorized/stock-market-crash-goldsilver-bottom/
The late-June/early-July period remains a pivotal one when a more substantial drop could/should take hold. It also represents the time when Gold, Silver & Precious Metals should complete their multi-year declines and enter a new advance.
GOLD Elliott Wave Technical Analysis
By: Lara Iriarte | Thu, Jul 2, 2015
http://www.safehaven.com/article/38151/gold-elliott-wave-technical-analysis
Summary: It is increasingly likely that the trend is down. Final confirmation would come with a new low below 1,131.09. In the very short term, a small upwards correction should complete then be followed by more downwards movement.
RE: Oddlot - SPX has given LT-sell-signals
Eric S. Hadik
June 27, 2015
17-YEAR STOCK MARKET CRASH CYCLES INTACT
http://17yearcycle.com/uncategorized/17-year-stock-market-crash-cycles-intact/
June 24, 2015
STOCK MARKET CRASH? GOLD/SILVER BOTTOM?
http://17yearcycle.com/uncategorized/stock-market-crash-goldsilver-bottom/
Late-June/early-July 2015 has always been the focus for the bottom in Gold & Silver.
June 17, 2015
STOCKS: 2015 BEAR MARKET? WATCH JUNE–AUGUST
http://17yearcycle.com/uncategorized/stocks-2015-bear-market-watch-june-august/
Main entry:
http://17yearcycle.com/
POKERSAM
Tuesday, 06/30/15 06:15:52 AM
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=115038112
It became obvious several days ago that the (5) of ending diagonal[5] fell short of the top one three trendline. ..... We are now well into the wave Cycle IV correction I talked about earlier. The initial target remains about the same at 1924.
Tuesday, 12/23/14 11:33:51 AM
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=109315517
06/30/15 SPX
dindindon
Monday, 06/15/15
important pivots: 2075.96-2066.04
Saturday, 01/17/15
While the general consensus has reached an overwhelmed bullishness level. To be bullish, the serious test remains in between 2069.93 and 2130.46.
- On 01/02/15, mighty SPX opened with 2058.90.
However, in full 6 months,
Bulls made tiny movements.
- Bullish E-woofers are "losing weight" but
they are still frothing at their mouth
Wage growth has substantially accelerated, Atlanta-Fed data show
This New Indicator Shows the U.S. Job Market Finally Heating Up
Wage growth has substantially accelerated, Atlanta Fed data show
by Steve Matthews Tue, Jun 30, 2015
http://www.bloomberg.com/news/articles/2015-06-30/this-new-indicator-shows-the-u-s-job-market-is-finally-heating-up
Episode - Shanghai composite index, (2)
June 27, 4pm, an investor jumped floors ( Shenzhen, China)
After studied Chairman Mao's famous book 'On Protracted "War" ', the "fight" continues....
V bottom 06/30
(Green is up)
comments:
tony caldaro says:
June 30, 2015 at 5:52 am
it is a crazy market.
June 26, 2015 at 1:33 pm
it’s a casino for well to do Chinese
snapshot
Episode - Shanghai composite index, June, 2015
Feed/Raise & Trap
China A-Share: One hundred in, one cent out
7.4%
Yang & Ying, The true meaning of life is not just study the K-Line
Honey, No worry, V-shape is coming
photo source:
http://www.guancha.cn/economy/2015_06_26_324754.shtml
http://www.guancha.cn/economy/2015_06_26_324754.shtml
Greek deal hopes spark rally for U.S. stock-index-futures
Wall Street is set to rally on prospect of Greek deal
By Anora Mahmudova and Sara Sjolin
Published: June 22, 2015 8:50 a.m. ET
http://www.marketwatch.com/story/greek-deal-hopes-propel-rally-for-us-stock-futures-2015-06-22
Hopes for last-ditch Greek deal lift global stocks
Markets | Mon Jun 22, 2015 8:03am EDT
LONDON | BY JAMIE MCGEEVER
http://www.reuters.com/article/2015/06/22/us-markets-global-idUSKBN0P111320150622
Saturday, 06/20/15 03:27:12 PM
Gold
The immediate support is 1197.45; as long as gold price can stay above 1189.10 (0.618, 1232.80-1162.10), it is short-to-middle term bullish. Be aware that gold price is speculative, highly susceptible with news.
Amateur-Investors issued the first Hindenburg-Omen-(HO)-signal in 2015
FYI, FWIW
weekend Analysis
(6/20/15) by Amateur Investors
Full text and charts:
http://www.amateur-investor.net/AII_Weekend_AnalysisJune_20_15.htm
Weekend Market Analysis
(12/6/14) by Amateur Investors
Another Hindenburg Omen (HO) occurred this week which is the first one since December of last year. I use the following criteria to define an (HO):
full text and charts:
http://www.amateur-investor.net/AII_Weekend_AnalysisDec_6_14.htm
06/19/15 Misc.
Summary:
Saturday, 05/30/15 04:45:35 PM link
(1) Long term target - pending
(2) Middle term target 2213.50
Gauge 2157.33-2167.53 to see 2213.50
(3) SPX Short term high targets: 2137.74, 2141.14, 2148.70
(6) imho: Pullback below 1976 +/- is the
confirmation we may not see 2213.50 for a quite long time.
Short term high targets:
2137.74, 2141.14, 2148.70
Short term low targets:
based on retracement
2083.69, 2082.22, 2075.96
2066.04, 2039.66, 2017.20
(a) The EU has reason to be concerned over relations between Greece and Russia
Apr 14, 2015
http://blogs.lse.ac.uk/europpblog/2015/04/14/the-eu-has-reason-to-be-concerned-over-relations-between-greece-and-russia/
Zbigniew Brzezinski’s recent comments in an interview to Dziennik Gazeta Prawnathat should Greece come closer to Russia, it could paralyze NATO, should serve as a warning of the dire consequences which could result from divided loyalties and ill-thought through plans of action
(b)Port of Piraeus, Greece
Greek gov’t renegotiating sale of Piraeus port with Chinese company
link
(c) Russia and China mock divide and rule
Posted by Pepe Escobar on May 31, 2015
link
Xi’s ultimate master plan is unambiguous: a Russia-China-Germany trade/commerce alliance.
Xi – and Putin – are building a new economic reality on the Eurasian ground, crammed with crucial political, economic and strategic ramifications.
Warren Buffett's 'desert island' indicator
Warren Buffett's 'desert island' indicator is sending a not-so-good signal about the economy
BOB BRYAN JUN. 19, 2015, 10:43 AM
link
Goldman Sachs analyst found dead after '100-hour-weeks'
Goldman Sachs analyst found dead hours after complaining to father of '100 hour weeks'
FRIDAY 19 JUNE 2015
link
The New York Times said Ms Gupta’s death in April is one of numerous unexpected deaths or suicides of young bankers over the last year.
Young Banker Struggled With Quitting Goldman Before Death
by Michael J Moore
link
“hard, continuous work, no breaks, no sleep and no respite,”
RE (cue-master) : Utilities
Utility sector is rate sensitive (WMB AEP SO DUK ED ETR EXC FE PCG PPL ... XLU). imho, if an Utility position has no safe margin, better sell it on any bounce opportunity. There is an ongoing currency war, any new FED QE will kill the dollar and its hegemony, FED is in catch-22 now.
Tuesday, 02/24/15 11:40:56 AM
Exit 4 longs
I sold PFE GSK last week, Today I sold JNJ (+ DIV) and XLU
imho, The Reward:Risk is deteriorating on long side.
Geo-Economics event - Russia Gets Very Serious on De-dollarizing
Geo-Economics Series includes:
- The great transition that reshapes the world orders
- Insight China
- Geo-Economics events
The historian E.H. Carr asserted history was a series of causal chains interacting with each other
Here is one of the knot in the chain
Russian Vladimir Putin accused the United States of living beyond its means "like a parasite" on the global economy and said dollar dominance was a threat to the financial markets. ( link )
That knot has the following repercussion ...
Russia Gets Very Serious on De-dollarizing
06.06.2015 By F. William Engdahl
http://journal-neo.org/2015/06/06/russia-gets-very-serious-on-de-dollarizing/
06/18/15 SPX & Gold
(1) SPX
Friday, 06/12/15 10:58:50 AM
To be short term bullish, the test window is 06/12-06/16, test resistance point is 2126.33. Otherwise, a cycle low is expected in middle of July
Friday, 06/12/15 10:58:50 AM
resistance: (1) 1192.75, (2) 1187.6
First attempt high was 1191.80 on 06/10.
To be short term bullish, Gold needs to surmount 1191.80 in the next few session, Otherwise , weakness is expected for the rest of June & July
FOMC economic projections from the June 16-17
http://www.federalreserve.gov/monetarypolicy/files/fomcprojtabl20150617.pdf
Federal Reserve issues FOMC statement
http://www.federalreserve.gov/newsevents/press/monetary/20150617a.htm
Release Date: June 17, 2015
For immediate release
Information received since the Federal Open Market Committee met in April suggests that economic activity has been expanding moderately after having changed little during the first quarter. The pace of job gains picked up while the unemployment rate remained steady. On balance, a range of labor market indicators suggests that underutilization of labor resources diminished somewhat. Growth in household spending has been moderate and the housing sector has shown some improvement; however, business fixed investment and net exports stayed soft. Inflation continued to run below the Committee's longer-run objective, partly reflecting earlier declines in energy prices and decreasing prices of non-energy imports; energy prices appear to have stabilized. Market-based measures of inflation compensation remain low; survey-based measures of longer-term inflation expectations have remained stable.
Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability. The Committee expects that, with appropriate policy accommodation, economic activity will expand at a moderate pace, with labor market indicators continuing to move toward levels the Committee judges consistent with its dual mandate. The Committee continues to see the risks to the outlook for economic activity and the labor market as nearly balanced. Inflation is anticipated to remain near its recent low level in the near term, but the Committee expects inflation to rise gradually toward 2 percent over the medium term as the labor market improves further and the transitory effects of earlier declines in energy and import prices dissipate. The Committee continues to monitor inflation developments closely.
To support continued progress toward maximum employment and price stability, the Committee today reaffirmed its view that the current 0 to 1/4 percent target range for the federal funds rate remains appropriate. In determining how long to maintain this target range, the Committee will assess progress--both realized and expected--toward its objectives of maximum employment and 2 percent inflation. This assessment will take into account a wide range of information, including measures of labor market conditions, indicators of inflation pressures and inflation expectations, and readings on financial and international developments. The Committee anticipates that it will be appropriate to raise the target range for the federal funds rate when it has seen further improvement in the labor market and is reasonably confident that inflation will move back to its 2 percent objective over the medium term.
The Committee is maintaining its existing policy of reinvesting principal payments from its holdings of agency debt and agency mortgage-backed securities in agency mortgage-backed securities and of rolling over maturing Treasury securities at auction. This policy, by keeping the Committee's holdings of longer-term securities at sizable levels, should help maintain accommodative financial conditions.
When the Committee decides to begin to remove policy accommodation, it will take a balanced approach consistent with its longer-run goals of maximum employment and inflation of 2 percent. The Committee currently anticipates that, even after employment and inflation are near mandate-consistent levels, economic conditions may, for some time, warrant keeping the target federal funds rate below levels the Committee views as normal in the longer run.
Voting for the FOMC monetary policy action were: Janet L. Yellen, Chair; William C. Dudley, Vice Chairman; Lael Brainard; Charles L. Evans; Stanley Fischer; Jeffrey M. Lacker; Dennis P. Lockhart; Jerome H. Powell; Daniel K. Tarullo; and John C. Williams.
2015 Monetary Policy Rele
China stock market fever snapshot
Margin Assisted Suicide; Changsha Man Jumps After Losing Everything
2015-06-13
http://investinginchinesestocks.blogspot.com/2015/06/margin-assisted-suicide-changsha-man.html
Mr. Hou, a 32-year old man from Changsha, levered up to 4 times his capital and put it all in a single stock Shares were limit down for two days straight and his 1,700,000 yuan ($ 273,875) in capital was wiped out.
he leapt from his 22nd floor apartment. Besides his wife, he left behind a 6-year old child.