Most Popular Financial Markets Analysis of 2016 – Stock Market Crash Postponed Again

The two most unexpected political shock events of the year were Britain’s EU Referendum BrExit vote that literally no one in the establishment media, markets, the pollsters or bookies saw coming, which left a newly appointment Prime Minister to explain what BrExit exactly means who response is always that "BrExit means Brexit". Though many who commentated on breakfast, I mean Brexit end up confusing the two. "Brexit means Breakfast". Anyway we shall soon find out exactly what BrExit means….

Trump’s Praise for Putin’s Moral High Ground Exposed Obama’s Vindictiveness

In response to Obama’s new sanctions on Russia, illegal by any standard, Trump praised how Putin handled his action, tweeting “(g)reat move on delay (by V. Putin) – I always knew he was very smart.”

A follow-up related tweet said “Russians are playing #CNN and @NBCNews for such fools…they don’t have a clue! @FoxNews totally gets it.”

Gold and the SPX Stocks Bull Market

The market started the week at SPX 2264. On Tuesday the market rallied to SPX 2274 in the opening minutes and then started to pullback. The pullback lasted all week, with one 9 point rally along the way, and hit SPX 2234 on Friday before bouncing to end the week at 2239. For the week the SPX/DOW lost 1.0%, and the NDX/NAZ lost 1.5%. Economic reports for the week were slightly positive. On the downtick: pending home sales, the Chicago PMI, plus the trade deficit increased. On the uptick: Case-Shiller, consumer confidence, the WLEI, plus weekly jobless claims decreased. Next week economic highlights: monthly payrolls, FOMC minutes and the ISMs. Happy New Year!

Bitcoin and Friends in 2017

Greetings from Planet Krypto. We are the real deal, long-timer cryptographic-currency geeks; and today I’m gonna interview me, because I know what questions to ask. Please pardon the over-simplifications:
One: will Bitcoin continue to rise in price?
Yes, because consciousness of the deterioration of fiat currencies is growing. Three years ago, the notion that macroeconomic events would ultimately be the primary price-driver of cryptocurrency prices was almost unheard of. It’s now a no-brainer.
[And the Winklevoss Bitcoin ETF? Nooo era! Feel free to ask me.]

Stock Market Dow Closes 2016 Up 13.4% Confounding Perma Bear Doom Merchants For 8th Year!

The Dow Jones stock market index closed 2016 up 2338 points at 19,763, up 13.4% for year confounding the doom merchants who saw every surprise event of 2016 from Januarys oil price collapse to Britain’s Brexit EU Referendum vote to America’s very own self professed Mr BrExit, Donald Trump shocking the American establishment elite by winning the US Presidential election, all and more were apparently definite harbingers for a stock market apocalypse, reaching their most vocal just as the stocks bottomed and surged higher.

SPX Stock Market Flash Crash May be Developing

SPX cleared and retested Intermediate-term support/resistance now at 2256.83 this morning. It was a pleasant surprise to see it begin a new impulse lower. Although shallow, the new impulse tells us that there is room to decline. It is also a prime candidate for a flash crash as early as today. If the decline remains impulsive and gains momentum, we may see a low as early as Tuesday mid-day. SPX is on a sell signal.

FTSE Stock Market Index Ends 2016 at BrExit New All Time High, Clueless Financial Press

The FTSE ended 2016’s last day of trading at a NEW ALL TIME high of 7,142, which according the mainstream financial press’s reporting for virtually the whole year was an IMPOSSIBLE outcome. After all the surprise BrExit EU Referendum vote result was supposed to have heralded a crash, collapse, recession new bear market, NONE of which materialised!

2016 the Year of BrExit – Exactly Why it Happened

Exactly why did BrExit happen in the UK?
It happened because the British Prime Minster David Cameron believed his own fantasy Westminster elite bubble reality to be true, thus in his reality there was ZERO likelihood of the British people voting to leave the European Union 9 months after having surprised the pundits by electing the Conservatives back into office. After all if the rebellious Scottish people had voted to REMAIN within the UK who had the highly vocal and organised Scottish Nationalists in charge of running the Scottish government, then how was possible that the British people, 90% of whom in the 2015 General Election voted for either a Labour, Conservative or Liberal Democrat REMAIN MP could result in a LEAVE vote outcome.

Major Stocks Bear Market Still Looms

The US stock markets spectacularly defied the odds in 2016, soaring after both the UK’s Brexit vote and US presidential election.  Both actual outcomes were universally feared as very bearish for stocks before the events.  These contrary stock rallies have left traders feeling euphoric, convinced stock markets are impregnable.  But with stock valuations hitting bubble levels in an exceedingly-old bull, a major bear still looms.

Gold: No Bold Predictions for the New Year

I’m not much of a fan when it comes to New Year’s predictions. There seems to be an almost fanatical obsession with ‘fortune telling’ when it comes to the financial markets.  And gold is no exception.
Some twenty years ago when I was advising my financial planning clients to own gold shares as part of a diversified investment portfolio, my focus was more permanent and long-term.  Of course, that is the way I viewed other asset classes as well. There were certainly no ‘predictions’ about performance over the next year or so.  Since I retired in 2005, I have noticed that the time periods which we consider and focus on with respect to analysis and investing –  be it stocks, real estate, etc. –  have become increasingly short-term.  In fact, the financial markets seem to be more characteristic of casino-type activity.  Investing has become speculation.

Trump, BrExit, Crude Oil, Stocks Bull – Most Popular Market Oracle Videos of 2016

2016 is about to come to an end that featured two unexpected shock political events of Britain’s EU Referendum BrExit vote that literally no one in the mainstream press, political elite, markets or bookies saw come, and then there was Trump winning the US Presidency, which again shocked the establishment elite. Whilst in the financial markets, the crude oil prices trend garnered much popular interest as the early year oil price collapse had pushed many oil producers towards the edge of economic collapse. And again the BrExit and Trump factors induced much market uncertainty as the consensus expectations were that both events would result in an end of the 7 year long stocks bull market, which instead resulted in the exact opposite trends to a series of new all time highs.

In 2017 Be the Bank

Dear Parader,
In our last edition before the New Year, I share an overview of an interesting and easy way to get a better return on your money. What’s most important, it allows you to largely side-step the risk and volatility inherent in stock and bond markets.
We then conclude with an approach you might want to consider using for difficult people and negative relationships that crop up in your life.
As I write, sitting at the dining table at our family house in Vermont, the snow has kicked up. If I skied, I might want to head to the mountain. But as I don’t, I am content to stay indoors and dream of returning to the sunnier climes of Cafayate, Argentina, which I will do tomorrow morning.

Goldman to Trump: Situation Assessment, Government Bail-Ins and the Precious Metals Threat

Despite its avid support for Hillary Clinton, fewer than three weeks after the election, Gary Cohn, the number two executive at Goldman Sachs met privately at Trump Tower with the President-elect. Ten days later, he was named to one of the most powerful financial positions in the world, Director of the National Economic Council of the United States of America.