Login

Energy & Commodities

Visualizing The World's Deepest Oil Well


Posted by Visual Capitalist

on Monday, 20 March 2017 13:44

In a remote part of eastern Russia, the world's deepest oil well has been drilled to incredible depths.

Operated by Exxon Neftegas Ltd, it helps to unlock a shelf that is expected to yield 2.3 billion barrels of oil.

But even more fascinating is the old Soviet well that previously held the record for drill depth, in which drillers thought they reached "hell" itself in 1992.

Click on the image for full image and full story:

8ffbbba8-b1fc-4d8e-805b-db66f956b18b

c7ed1d8a-9e99-47a6-803a-efb821fa1c29



Banner

Wealth Building Strategies

Now That Everyone's Been Pushed into Risky Assets...


Posted by Of Two Minds

on Monday, 20 March 2017 07:53

global-assets1-17If we had to summarize what's happened in eight years of "recovery," we could start with this: everyone's been pushed into risky assets while being told risk has been transformed from something to avoid (by buying risk-off assets) to something you chase to score essentially guaranteed gains (by buying risk-on assets).

The successful strategy for eight years has been buy the dips because risk-on assets always recover and hit new highs: housing, stocks, bonds, bat guano futures--you name it.

Those who bought the dip in hot housing markets have seen spectacular gains since 2011. Those who bought every dip in the stock market have been richly rewarded, and those buying bonds expecting declining yields have until recently logged reliable gains.

The only asset class that's lower than it was in 2011 is the classic risk-off asset: precious metals.

Investors who avoided risk-on assets--stocks, bonds, REITs (real estate investment trusts) and housing in hot markets--have been clubbed, while those who piled on the leverage to buy every dip have been richly rewarded.

....continue reading HERE



Banner

Timing & trends

Why the Crash & Burn is Public not Private


Posted by Martin Armstrong - Armstrong Economics

on Monday, 20 March 2017 07:21

ECM-1970-2084-768x523

"There are times when the private sector cannot stand and everyone runs to bonds/cash. Likewise, there are times when government can no longer stand and the only thing that survives is private assets. This took place during the collapse of the Weimar Republic (German Hyperinflation) and it has been the case throughout history even at the birth of the USA and the collapse of the Continental Currency."

...read more HERE

....also from Martin: The Crash & Burn

- what will the “Crash and Burn” look like? Will it be worldwide or specific to a few countries like the US? Will it be in the form of a financial crash, food shortages, violence in the streets, all the above or in some other form? ....read Martin's Crash & Burn response HERE



Banner

Stocks & Equities

Stock Trading Alert: Uncertainty Following Interest Rate Increase - Will Uptrend Continue?


Posted by Paul Rejczak - Sunshine Profits

on Monday, 20 March 2017 07:13

Stock Trading Alert originally sent to subscribers on March 20, 2017, 6:57 AM.

Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,410, and profit target at 2,200, S&P 500 index).

Our intraday outlook is bearish, and our short-term outlook is bearish. Our medium-term outlook remains neutral, following S&P 500 index breakout above last year's all-time high:

Intraday outlook (next 24 hours): bearish
Short-term outlook (next 1-2 weeks): bearish
Medium-term outlook (next 1-3 months): neutral
Long-term outlook (next year): neutral

The U.S. stock market indexes lost 0.1% on Friday, extending their short-term consolidation following Wednesday's FOMC Rate Decision release rally. The S&P 500 index remains relatively close to its March 1 all-time high of 2,400.98. The Dow Jones Industrial Average continued to trade above 20,900 mark, and the technology Nasdaq Composite index remained above the level of 5,900. All three major stock market indexes remain relatively close to their early March new record highs. For now, it looks like a flat correction within medium-term uptrend. Will stocks break above their few-week-long trading range? The nearest important level of support of the S&P 500 index is at around 2,370-2,375, marked by recent local highs. The next support level remains at 2,350-2,360, marked by local lows and the February 21 daily gap up of 2,351.16-2,354.91. The support level is also at around 2,320. On the other hand, the nearest important level of resistance is at around 2,390-2,400, marked by all-time high. Will the market extend its year-long medium-term uptrend even further before some more meaningful downward correction? We can see some short-term volatility following four-month-long rally off last year's November low at around 2,100. Is this a topping pattern before downward reversal? The uptrend accelerated on March 1 and it looked like a blow-off top pattern accompanied by some buying frenzy. The S&P 500 index continues to trade above its over year-long medium-term upward trend line, as we can see on the daily chart:

1



Read more...

Banner

Gold & Precious Metals

Precious Metals and 200-Day Moving Averages


Posted by Jordan Roy-Byrne - The Daily Gold

on Monday, 20 March 2017 07:07

The precious metals complex enjoyed a strong week mostly due to a post-Fed explosion on Wednesday. Although gold stocks sold off to end the week, they finished up almost 5% for the week. Gold gained 2.4% on the week while Silver gained 2.9%. The miners enjoyed massive gains following the previous two rate hikes and that has some optimistic about a repeat scenario. However, the miners and metals need to prove they can recapture their 200-day moving averages before we become optimistic.

Precious metals should trend higher in the short-term if the current macro technical landscape does not change. The US Dollar index has fallen below its 50-day moving average and could fall another 2% to moving average support. Also, despite the Fed rate hike, the 10-year yield did not make a new high. Bonds could rebound and the huge speculative short position, if unwound could add to the rebound. A rally in Bonds coupled with a weak US Dollar would help precious metals.

Mar192017ed1-768x720

Precious metals could rebound farther but resistance in the form of the 200-day moving average looms large. In the chart below we plot Gold, Silver, GDXJ and GDX along with their 200-day moving averages. In addition to the 200-day moving average, the February highs will also provide resistance. We should note, while the metals remained above their late January lows, the miners did not. It would not be a good sign to see a continued rally led by the metals rather than the miners.



Read more...

Banner

<< Start < Prev 1 2 3 4 5 6 7 8 9 10 Next > End >>

Page 7 of 1948

Free Subscription Service - sign up today!

Exclusive content sent directly to your Inbox

  • What Mike's Reading

    His top research pick

  • Numbers You Should Know

    Weekly astonishing statistics

  • Quote of the Week

    Wisdom from the World

  • Top 5 Articles

    Most Popular postings

Learn more...



Michael Campbell Robert Zurrer
Tyler Bollhorn Eric Coffin Jack Crooks Patrick Ceresna
Ozzie Jurock Mark Leibovit Greg Weldon Ryan Irvine