Logo Background RSS

Advertisement

May 2017 | Elliott Wave Analytics

  • 5 Highly Respected Financial Experts That Are Warning...
    By on May 31, 2017 | No Comments  Comments
    If everything is going to be “just fine”, why are so many big names in the financial community warning about an imminent meltdown?  I don’t think that I have seen so many simultaneous warnings about a market crash since just before the great financial crisis of 2008.  And at this point, you...
  • Will The Crazy Global Debt Bubble Ever End?
    By on May 31, 2017 | No Comments  Comments
    There are multiple sources of friction in the Perpetual Motion Money Machine. We’ve been playing two games to mask insolvency: one is to pay the costs of rampant debt today by borrowing even more from future earnings, and the second is to create wealth out of thin air via asset bubbles. The t...
  • Silver Miners: Q1’17 Fundamentals
    By on May 31, 2017 | No Comments  Comments
    The silver miners’ stocks have been slowly grinding higher this year, but it’s been a volatile ride.  This sector’s alternating surges and plunges have spawned outsized swings in sentiment, really distorting investors’ perceptions of the major silver miners.  But once a quarter earnings se...
  • Gold Juniors’ Q1’17 Fundamentals
    By on May 30, 2017 | No Comments  Comments
    The junior gold miners’ stocks suffered a serious thrashing between mid-April and early May.  Relentless heavy selling blasted many back down near deep mid-December lows, leaving sentiment in tatters.  But traders distracted by weak technicals need to keep their eyes on the fundamental ball.  T...
  • Weekend Reading: Correction Over As ‘Trump Hope...
    By on May 29, 2017 | No Comments  Comments
    Over the last couple of months, I have repeatedly discussed what has been possibly the most “boring” market ever. That was until the previous Wednesday when the market deciding to take a quick “road trip” to the 50-dma.  It didn’t last long. The market promptly went back to sleep in a lig...
  • Does the Stock Market Have a Case of Bad Breadth?
    By on May 29, 2017 | No Comments  Comments
    Breadth is one of the most powerful tools available to investors and can be used to measure the health of any stock market or economy. Simply put, it is a measure of the level of participation of stocks in a bull market or, in terms of an economy, the number of regions or states participating in an ...
  • Gold Miners’ Q1’17 Fundamentals
    By on May 27, 2017 | No Comments  Comments
    The gold miners’ stocks have been slammed by a sharp gold pullback in recent weeks, spawning today’s bearish sentiment.  Traders often get caught up in the emotional swings generated by this volatile sector.  But once a quarter earnings season arrives, revealing gold mining’s hard fundamenta...
  • The Headwinds To Higher Oil Prices
    By on May 27, 2017 | No Comments  Comments
    In late 2016, OPEC, along with the Russian’s and other countries, agreed to cut production in order to try and “balance” the supply/demand imbalance that drove oil prices to the low $30’s at the nadir of the oil price crash. As Brian Noble noted recently: “In the past couple of weeks, crud...
  • Technically Speaking: Bulls Struggle With Bearish Int...
    By on May 26, 2017 | No Comments  Comments
    In this past weekend’s newsletter, I discussed the fact that despite the bullish “exuberance” of market participants, the underlying internal deterioration has continued. To wit: “Furthermore, the underlying internals have continued to weaken over the last week which has remained a concern ...
  • You’d Think We’d Be A Little More Worried…
    By on May 26, 2017 | No Comments  Comments
    By now everyone with an Internet connection is aware of the “ransomware” attack that shut down hundreds of thousands of computers over the weekend. The fact that the onslaught is just beginning — as the military-grade hacking tools developed by the NSA and recently leaked are weaponized by hac...
  • Is This Bitcoin’s Fatal Flaw?
    By on May 26, 2017 | No Comments  Comments
    Bitcoin has been rocketing higher lately, as it gains widespread official approval and more people figure out how to use it. As the first of its kind to emerge, bitcoin has become synonymous with “cryptocurrency”. But lately it’s been joined by a lot of others – which together now account f...
  • Technically Speaking: Market In Confusion
    By on May 23, 2017 | No Comments  Comments
    In this past weekend’s newsletter, I discussed the fact this market has been “nothing short of boring” as of late, but remains on a “bullish buy signal” currently. To wit: “Importantly, the ‘buy’ signal that was registered in late April is very close to tripping a short-term sell s...
  • Market Cap to GDP: An Updated Look at the Buffett Val...
    By on May 20, 2017 | No Comments  Comments
    Note: This update incorporates the latest monthly close and the GDP Q1 Advance Estimate data. Market Cap to GDP is a long-term valuation indicator that has become popular in recent years, thanks to Warren Buffett. Back in 2001 he remarked in a Fortune Magazine interview that “it is probably...
  • Market Remains Overvalued
    By on May 18, 2017 | No Comments  Comments
    Here is a summary of the four market valuation indicators we update on a monthly basis. The Crestmont Research P/E Ratio (more) The cyclical P/E ratio using the trailing 10-year earnings as the divisor (more) The Q Ratio, which is the total price of the market divided by its replacement cost (more...
  • Gold-Futures Shorting Attacks
    By on May 14, 2017 | No Comments  Comments
    Gold has suffered a sharp pullback over the past couple weeks, stoking much bearish sentiment.  While a variety of factors fed this selloff, the precipitating catalyst was a gold-futures shorting attack.  These are relatively-rare episodes of extreme selling specifically timed and executed to mani...
  • Misunderstanding GDXJ: Why It’s Actually Great News...
    By on May 2, 2017 | No Comments  Comments
    Something extraordinarily good for junior precious metals miners just happened. But for some reason it’s being misinterpreted as a bad thing. Here’s the general story: A Small-Cap Gold Mining ETF Streaks Lower As Big Index Change Looms (Investors.com) – Mining stocks blazed a bright trail of ...

Advertisement