Timing & trends

Todd Market Forecast: Oversold

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Posted by Stephen Todd - Todd Market Forecast

on Thursday, 23 March 2017 16:22

Todd Market Forecast for Thursday March 23 , 2017

Available Mon- Friday after 6:00 P.M. Eastern, 3:00 Pacific.

DOW - 4 on 900 net advances

NASDAQ COMP - 4 on750 net advances



STOCKS: The market was captivated by the health care debate on Thursday. When it looked like the bill would pass the Dow was up over 80, but when contrary news hit the tape, we saw selling.

The market is oversold by a number of measures and seems to want to go up, but the health care situation is an artificial overlay suppressing prices. This should resolve fairly soon.

GOLD: Gold gave back $4. We've had a good run. Looks to be minor profit taking.

CHART The Dow and other popular averages have been in a downtrend, but it's not being confirmed by breadth. When there is a conflict, breadth usually (but not always) wins.

Screen Shot 2017-03-23 at 3.59.57 PM

BOTTOM LINE:  (Trading)



Timing & trends

Currencies from a Central European’s Perspective (1917-2017)

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Posted by Peter Fröhlich - SRSrocco Report

on Thursday, 23 March 2017 09:23


The average 100 year old person living in Central Europe has experienced a currency conversion once a decade.

I wrote up this article for the SRSrocco Report to document three things.

1 – People all over the planet should never trust their governments with their money.

2 – Given the history of currency changes, it’s no surprise that people in Central Europe are, generally speaking, much poorer than people in Western Europe or North America.

3 – Protecting one’s wealth in an environment of constantly changing currencies is extremely hard. Thus, people should make the right choices when times are quite OK, because when the really hard times hit, all of one’s wealth can be lost very quickly and easily.

As you will see, there is not much difference between ideologies and governments. They all tend to follow the same practices and, in the end, they all destroy or at least significantly debase their currencies.

....continue reading HERE


Timing & trends

Yearly Cycle Low Next Week?

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Posted by SmartMoneyTracker

on Wednesday, 22 March 2017 07:20

Hopefully the stock market is going to be allowed to continue correcting. This will clear out bullish sentiment and allow the stock market to complete both an intermediate and yearly cycle low. Coinciding with this, the dollar is poised to continue lower and complete a failed daily cycle.


Screen Shot 2017-03-22 at 6.59.59 AM


Timing & trends

Gold's Uptrend Of Champions

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Posted by Stewart Thomson - Graceland Updates

on Tuesday, 21 March 2017 12:30

Mar 21, 2017

  1. Gold looks technically superb, and the fundamentals look even better.
  2. Inflation is rising in China and the West, the dollar looks shaky against key fiat competitors, and a reversal in American money velocity is imminent.
  3. Please  click here now. Double-click to enlarge this hourly bars gold chart.
  4. The next COMEX options expiry day is March 28. Gold has a rough general tendency to trade a bit sluggishly ahead of option expiry days, and that appears to be happening now.
  5. Please  click here now. Double-click to enlarge this daily bars chart for gold. 
  6. I call this technical picture the “uptrend of champions”. 
  7. For a closer look at the price action within the uptrend channel, please click here now. Double-click to enlarge. There’s an inverse H&S bottom pattern in play on this four-hour bars chart.
  8. For gold, all my technical lights are green, and once this option expiry day is out of the way, the “Queen of Assets” should make a beeline towards the $1265 area highs!



Timing & trends

Used Car Prices Plunge Most in Any Month Since 2008, Only 2nd February Decline in 20 Years

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Posted by Michael "Mish" Shedlock

on Tuesday, 21 March 2017 07:07

According to NADA Used Car Guide, wholesale prices on used vehicles are getting crushed. Let's take a look at the details.

Used Car Prices Since 1995

43967 a

Used Car Prices by Type of Vehicle:



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