Wednesday, December 08, 2021
Stock Market Sentiment Speaks: I Expect 15-20% Returns For 2022 / Stock-Markets / Stock Market 2022
By: Avi_Gilburt
This week, I am keeping my post simple, as I am really short on time.
For those that follow my analysis through the years, you would remember that I turned strongly bullish as the S&P 500 approached the 2200SPX region in March of 2020. But, if you also remember that time period, the level of fear in the market even exceeded that seen at the March 2009 lows. So, when I suggested that the market would see a rally from 2200 to at least 4000, with an ideal target in the 6000 region, many simply could not believe what I was saying, as you can see here.
As you can see, most folks thought my view was “unmeaningful,” “absurd,” “insane,” or based upon “chart magic,” while I ignored the “common sense view.” However, my expectation was based upon our Fibonacci Pinball methodology of applying Elliott Wave analysis.
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Wednesday, December 08, 2021
US Dollar Still Has the Green Light / Currencies / US Dollar
By: P_Radomski_CFA
The dollar looks poised for another rally, to gold’s dismay. So, what’s the price target for the greenback over the winter months?
While the consensus across the financial markets (especially at the beginning of the year) was that the U.S. dollar was destined for devaluation, I warned that the greenback would rise from the ashes. And with gold, silver, and mining stocks often moving inversely to the U.S. dollar, the latter’s ascent helped make the precious metals one of the worst-performing asset classes in 2021.
Moreover, after more dollar doubters emerged in October – and the precious metals rallied hard – the USD Index eventually cut through 94, 95, and then 96 like a knife through butter. And with the precious metals reversing sharply once again, I expect another rally to push the USD Index to ~98 over the medium term. Perhaps quite soon. And the implications for the precious metals sector, are bearish.
Wednesday, December 08, 2021
Stock Market Topping Process Roadmap / Stock-Markets / Stock Market 2021
By: Monica_Kingsley
S&P 500 bulls missed a good opportunity to take prices higher in spite of the sharp medim-term deterioration essentially since the taper announcement. It‘s the Fed and not Omicron as I told you on Wednesday, but the corona uncertainty is reflected in more downgrades of real economy growth. There are however conflicting indicators that make me think we‘re still midway in the S&P 500 topping process and in for a rough Dec (no Santa Claus rally) at the same time, and these indicators feature still robust manufacturing and APT (hazmat manufacturer) turning noticeably down.
Still, it‘s all eyes on the Fed, and its accelerated tapering intentions (to be discussed at their next meeting) as they finally admitted to seeing the light of inflation not being transitory. The ever more compressing yield curve is arguably the biggest watchout and danger to inflation and commodity trades – one that would put question mark to the point of answering in the negative whether we are really midway in the topping process. Another indicator I would prefer turning up, would be the advance-decline line of broader indices such as Russell 3000. And of course, HYG erasing a good deal of its prior sharp decline, which I had been talking often last week – until that happens, we‘re in danger of things turning ugly and fast, and not only for stocks should 4530s decisively give.
Wednesday, December 08, 2021
The Lithium Breakthrough That Could Transform The Mining Industry / Companies / Lithium
By: OilPrice_Com
The lithium-technology space is in a desperate race to build a better battery in time to keep pace with an energy transition that is mainstreaming electric vehicles.
Certain companies in this space working on battery breakthroughs are soaring.
Quantumscape has gained nearly 60% in October thanks to the development progress in its solid-state lithium battery for EVs.
It’s all about coming up with a better battery that’s cheaper and holds its charge longer, and the rush to the finish line here has created no less than a “Battery Arms Race”.
But we think betting on which one of these companies will reach the solid-state commercial finish line first means nothing without serious breakthroughs in the exploration and extraction of one of the key metals that underpin the entire EV and energy storage equation: Lithium.
A lithium shortage could stall the EV push and halt the battery arms race in its tracks. As it stands, it is questionable at best whether lithium supplies can keep up with the forecast of a huge increase in demand.
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Tuesday, December 07, 2021
VR and Gaming Becomes the Metaverse / Stock-Markets / Metaverse
By: Nadeem_Walayat
Happy Thanksgiving holiday to all my patrons in honour of the 102 pilgrims who left England in 1620 on board the Mayflower to start their new lives in the New World, struggled to grow food until the native americans taught them how to use the land, followed in November 1621 by the first thanksgiving when the native americans were invited by the settlers to a big feast, though I don't think they were invited in subsequent years given outbreak of hostilities . Nevertheless a belated happy thanksgiving!
Facebook hit the nail on the head by bringing forth realisation to the masses of the emerging metaverse's with their corporate name change to META, though most will soon forget what all the fuss was about and carry on their merry way until they next big metaverse story, so this aspect of the Quantum AI mega-trend will continue to trundle along in the background. However savvy investors will already be aware of the "meta-verse" and what it heralds in terms of virtual products and services as the headsets technology plays catchup so as to allow the masses to escape from an increasingly dismal economic future given the rise of machine intelligence automation that seeks to replace human labour as we have seen play out in countless movies such as Ready Player One.
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Tuesday, December 07, 2021
How to Read Your Smart Meter - Economy 7, Day and Night Rate Readings SMETS2 EDF / Personal_Finance / Household Bills
By: HGR
The push is on to roll out smart meters across the UK so that the energy providers get at least daily if not hourly updates of customers energy usage. However customers being able to read these new meters is not straight forward as clicking a button. So in this video I show how to read your SMART Meter Day and Night rate usage so as to ensure it is actually working properly as many home owners are complaining of huge jumps in energy bills following installations.
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Tuesday, December 07, 2021
For Profit or for Loss: 4 Tips for Selling ASX Shares / Stock-Markets / Austrailia
By: Submissions
Selling a share on the stock market is as important and intricate as buying one, especially in the Australian market. It's challenging to let go of a profitable asset, and it's impossible to predict when stock prices rise or decline. Many beginners of the industry may regret selling their shares right before they grow, missing out on massive gains, while others may hold on to them for too long, expecting that a declining stock would recover.The Australian Securities Exchange (ASX) currently lists approximately 2,000 firms, each with data on share prices and predicted growth or decrease. Shareholders gain or lose money based on how well a firm performs gradually; therefore, it shouldn't be underestimated. While perfectly planning your trades is impossible, many share-selling tips allow you to make wiser decisions. Selling your shares on the ASX? Here are four tips for selling ASX shares, whether for profit or loss:
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Tuesday, December 07, 2021
INTEL Bargain Teck Stocks Trading at 15.5% Discount Sale / Companies / INTEL
By: Nadeem_Walayat
INTEL Bargain - 15.5% Discount Sale
The story for Integrated Electronics should have been for it's stock price to soar on CAPEX and Alder Lake processor success (of sorts). Instead the literal FOOLS took what was GOOD news to explain the 15% drop in Intel's stock price.
Fool.com - "The sudden price drop was triggered by the company's significant infrastructure investments"
Yeah, very aptly named fool. com. There are times what the market does something really stooopid by moving in the WRONG direction, this can either be to the upside (Nvidia) or the downside, and where Intel is concerned the markets just got this stock very badly wrong which gave us all 15.5% discount to where the stock was trading pre earnings as it fell from $56 to a low of $47.8, delivering a whopping 15.5% discount, breaching my long standing buying level of $48 and hugging the level for well over a week. And as I indicated earlier I started buying Intel as soon as it dipped below $50, at $49.9 and then again $48.3, tripling my Intel position to 4.5%.and since have continued to buy supplemental bits with likes of eTORRO at sub $50. Intel trades on an EC of 15 (super cheap), PE of 8.9, pays a 2.5% dividend AND buys back stock over time (12% over the past 3 years).
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Tuesday, December 07, 2021
US Bonds Yield Curve is not currently an inflationist’s friend / Interest-Rates / US Bonds
By: Gary_Tanashian
The yield curve is flattening
I don’t cheer-lead a given view, but if I were to do that I’d be cheering for a yield curve flattener to put a correction to inflationist dogmatists quoting von Mises to the herds and otherwise sloganeering about inflation and a “commodity super cycle” (that term is pure promo).
Well, the curve is flattening.
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Tuesday, December 07, 2021
Omicron COVID Variant-Possible Strong Stock Market INDU & TRAN Rally / Stock-Markets / Stock Market 2021
By: Chris_Vermeulen
As we’ve been watching the markets recoil away from risks related to the new Omicron COVID variant and other factors, one simple thought keeps running through my head. What if the markets suddenly shift away from this panic selling and resume a rally/recovery trend – possibly pushing to new all-time highs before the end of the year?
Recently, the Put/Call ratio reached a moderate-high near 0.84. I interpret this as long traders buying protection in the event of an extended breakdown in the US/global markets. In the past, typically, when the Put/Call ratio reaches levels above 0.80 – the markets are very close to a bottom.
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Tuesday, December 07, 2021
The New Tech That Could Take Tesla To $2 Trillion / Companies / Electric Cars
By: OilPrice_Com
In Austin, Texas, Elon Musk is building his Tesla Cybertruck plant…
And is developing a new technology to supply their huge lithium requirements.
Even Samsung is moving production from overseas to Texas
Why?
American lithium is expected to be in high-demand for the next century…
And early investors in the companies set to profit could receive significant returns on their investment in 2022.
Few investors may know that the US has some of the world’s largest lithium reserves…
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Monday, December 06, 2021
S&P 500 – Is a 5% Correction Enough? / Stock-Markets / Stock Market 2021
By: Paul_Rejczak
The S&P 500 bounced from the 4,500 level on Thursday, as it retraced most of its Wednesday’s sell-off. Was it a reversal or just another upward correction?For in-depth technical analysis of various stocks and a recap of today's Stock Trading Alert we encourage you to watch today's video.
The broad stock market index gained 1.42% on Thursday after opening slightly lower and bouncing from the new local low of 4,504.73. The index fell the lowest since the October 19 and it went below its early September local high of around 4,546. Overall, it lost 5.04% from the Nov. 22 record high of 4,743.83. But Thursday’s trading session was bullish and stocks were gaining. Was it an upward reversal? This morning stocks are expected to open 0.3% higher after the mixed monthly jobs data release. For now, it looks like a correction within a downtrend. We may see a short-term consolidation following the recent declines.
The nearest important support level is now at 4,500. On the other hand, the resistance level is at 4,580-4,600, marked by the recent local lows. The S&P 500 remains below its short-term downward trend line, as we can see on the daily chart (chart by courtesy of http://stockcharts.com):
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Monday, December 06, 2021
Global Stock Markets It’s Do-Or-Die Time / Stock-Markets / Stock Market 2021
By: Chris_Vermeulen
Almost all of the US and global markets volatility has taken place over the last 6+ trading days. Even though economic data continues to show a strengthening US economy and jobs market, the news of the Omicron COVID variant has spooked the global markets. I’m going to illustrate how the markets are nearing critical support levels that are a “Do-Or-Die” level for the market, in my opinion.
Let’s get right into the charts – shall we?
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Monday, December 06, 2021
Hawks Triumph, Doves Lose, Gold Bulls Cry! / Commodities / Gold and Silver 2021
By: Arkadiusz_Sieron
The hawkish revolution continues. Powell, among the screams of monetary doves, suggested this week that tapering could be accelerated in December!People live unaware that an epic battle between good and evil, the light and dark side of the Force, hard-working entrepreneurs and tax officials is waged every day. What’s more, hawks and doves constantly fight as well, and this week brought a victory for the hawks among the FOMC.
The triumph came on Tuesday when Fed Chair Jerome Powell testified before Congress. He admitted that inflation wasn’t “transitory”, as it is only expected to ease in the second half of 2022. Inflation is therefore more persistent and broad-based than the Fed stubbornly maintained earlier this year, contrary to evidence and common sense:
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Monday, December 06, 2021
How Stock Investors Can Cash in on President Biden’s new Climate Plan / Companies / Climate Change
By: Stephen_McBride
By Justin Spittler : Joe Biden wants to protect your money from climate change.You read that correctly.
In October, the White House released a 40-page report titled, "A Roadmap to Build a Climate-Resilient Economy.” The report, according to Business Insider, “focuses on mitigating the financial risks climate change puts on people's retirements, pensions, savings, and more.”
The Department of Labor is also investigating how investors can account for climate change.
This might seem like an odd objective.
After all, it’s not like the government goes out of its way to protect your hard-earned savings from recessions, financial crises, or inflation.
So, what’s this all about?
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Monday, December 06, 2021
The Lithium Tech That Could Send The EV Boom Into Overdrive / Commodities / Investing 2021
By: OilPrice_Com
The electric revolution is the biggest change the auto industry has seen since Ford invented the assembly line in 1913.
But an impending supply shortage has put one critical resource in the global spotlight.
With the meteoric rise of Tesla, nearly every major automaker has shifted its sights towards producing the next great electric vehicle.
Ford made headlines this year with its announcement of the all-electric F-150 Lightning, which now has upwards of 200,000 pre-orders.
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Sunday, December 05, 2021
How Stagflation Effects Stocks / Stock-Markets / Stock Market 2021
By: Nadeem_Walayat
My long standing mantra has been that one of the primary reasons to remain invested in AI tech stocks is because they are leveredged to inflation, which on an average basis is true. However when gauging how each individual stock will react to inflation one needs to take key points into consideration such as the stocks valuation where an over valued stock trading on many multiples of the markets average of 20 is going to be finally balanced on a knife edge of future gains vs a bear market where it only takes a small shift in investor expectations to send that stock sharply lower.
Whilst the basic reason why AI stocks are leveraged to inflation is because inflation will inflate their revenues and costs and given that AI stocks are highly profitable then the gap between revenues and costs should expand due to inflation hence are leveraged to inflation.
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Sunday, December 05, 2021
Bitcoin FLASH CRASH! Cryptos Blood Bath as Exchanges Run Stops, An Early Christmas Present for Some? / Currencies / cryptocurrency
By: Nadeem_Walayat
Bitcoin FLASH Crash of Saturday 4th December delivered me and likely many crypto investors an early Christmas present by triggering most of my buy limit orders. In this video I explain why it happened, and what to do do to profit from future Flash crashes that WILL happen! As well as how to protect yourselves from the wild, wild west crypto exchanges where literally anything goes!
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Sunday, December 05, 2021
TESCO Pre Omicron Panic Christmas Decorations Festive Shop 2021 / Personal_Finance / Shopping
By: Eliza_Walayat
Here's a look at what Tesco is offering in terms of christmas decorations for 2021 as we did our festive shop early in case covaaaid omega omogarb did it's dirty work and sent us all down another viral load rabbit hole. Anyway for now it's safe to shop at TESCO for the festive season 2021.
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Saturday, December 04, 2021
Dow Stock Market Trend Forecast Into Mid 2022 / Stock-Markets / Stock Market 2021
By: Nadeem_Walayat
The stock market is overbought on multitude of measures and ripe for significant correction even if many people are expecting it to happen. Though I hear many people stating that because so many are expecting a correction therefore it's sods law that it's not going to happen so don't risk missing out on another 10% bull ruin by waiting for a correction!
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