Monday, March 15, 2021
Resting Stock Bulls and Gold Question Mark / Stock-Markets / Stock Market 2021
Stock bulls went right for all time highs yesterday, clearing the 3,900 threshold in this correction – one that is in its very late innings indeed. But the preceding upswing has been sharp, and not all the internals support such a swift recovery, which is why I am still looking for consolidation to strike at any moment.
We might be actually experiencing such a daily one right now, as today‘s premarket session has sent S&P 500 futures a few dozen points down. The big picture is though one of of the stock market getting used to rising rates, which are rising in reflection of the economic growth. But what about the snapback short-term rally in long-term Treasuries?
It‘s not materializing as the instrument went down again yesterday – unconvincingly bobbing above recent lows. The defensive sectors such as consumer staples and utilities, reversed yesterday (at a time when technology rose), sending a warning that we‘re about to see higher rates again. Probably not happening as fast as through Feb, but still. Let‘s bring up my recent perspective on high rates, what they are exactly:
(…) the „high rates“ we‘re experiencing currently, do not compare to the early 1980s, which underscores the fragility of the current monetary order. The Fed knows that, and it has been evident in the long preparatory period and baby steps in the prior rate raising and balance sheet shrinking cycle.
The market will see through this, and the central bank would be forced to move to bring long-term rates down through yield curve control or a twist program, which would break the dollar, drive emerging markets, and not exactly control inflation – real rates would drop like a stone in such a scenario, turning around gold profoundly.
But the market knows the Fed isn‘t getting ready to really do anything more than it does right now. Gold rebounded on Tuesday, and the rally took it above $1,730 but the daily reversal is concerning. As I wrote yesterday in the title, the gold bulls can‘t rest – but they are resting, and prices are back at the lower end of the $1,720 volume profile.
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Monday, March 15, 2021
Cotton, soybeans, crude oil: Simplicity wins / Commodities / Commodities Trading
Dear Reader,
You come to our website looking for market answers.
Well, with the help of our friends at Elliott Wave International, we are happy to offer you a new, free opportunity to see what's likely next for cotton, soybeans and crude oil -- for the entire 2021.
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Sunday, March 14, 2021
Stocks Bulls Can Take a Rest – But Gold Ones Can‘t / Stock-Markets / Financial Markets 2021
The daily banging on the 3,900 threshold shows in yesterday‘s upper knot, and this milestone has very good chances of being conquered today. More important than the exact timing though, are the internals marking the setup – we‘ve indeed progressed very far into this correction. While not historically among the longest ones, it‘s still getting long in the tooth – just as I was writing throughout the week.
And it is getting stale, even if I look at the star non-cofirnation, the high yield corporate bonds. Relatively modest daily upswing, outshined by investment grade corporate bonds. Yes, the credit markets are calming down, and the tiny daily long-term Treasuries upswing doesn‘t reflect that fully just yet. Besides giving breathing room to defensives such as utilities and consumer staples, it‘s also very conducive to the precious metals sector.
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Sunday, March 14, 2021
Why the eVTOL Market Is Too Big to Ignore / Companies / Drone Tech
The eVTOL market is still in its infancy. Since it involves such an innovative concept poised to revolutionize transportation, it’s something that cannot be ignored.
Everyone wants a new, more convenient way of transportation, and eVTOLs seem to deliver what people have in mind. Of course, that doesn’t make anyone blind to the fact that this new transportation mode is very complicated, and developers have to give it their best to be able to make it successful.
But if it becomes successful, this market could be extremely big and will change the world completely. It will become so significant that it will be hard to ignore by investors, and if they do, they might end up regretting it later.
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Sunday, March 14, 2021
What Stock Market Lessons Can We Learn From Yoda - The Jedi Master? / Stock-Markets / Stock Market 2021
Over the last 9 years since we opened Elliottwavetrader, I have had the privilege of training thousands of investors, traders and money managers regarding how to appropriately view the stock market from an honest and objective standpoint. And, during that time, I have just about seen it all when it comes to the wide array of perspectives with which people approach the market.
So, in this article, I am going to tap into some of the brilliance presented in the teachings of the Jedi Master - Yoda, and will apply it to my experience in training thousands of investors, traders and money managers. I will also be bolstering these lessons with what our members have actually said about these truths regarding the market.
YODA: “Ready are you? What know you of ready? For eight hundred years have I trained Jedi. My own counsel will I keep on who is to be trained. A Jedi must have the deepest commitment, the most serious mind.”
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Sunday, March 14, 2021
Keys to US / Global Economic Recovery - Part 2 / Economics / Economic Stimulus
This is a continuation of our extended technical review of what my research team and I believe will be required for the US/Global markets to enter a stronger post-COVID-19 recovery phase. If you missed Part I of this research series then you can find it here: www.thetechnicaltraders.com/....
In this Part II, we will look at how potential currency shifts will prompt new trending in various economic sectors. The past 20+ years have really changed how the markets operate from a standpoint of capital deployment and capital function. We certainly live in interesting times from a trader and investor perspective. There is more capital floating around the globe right now than ever before… and that changes certain things.
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Saturday, March 13, 2021
Dow Stock Market Elliott Wave Analysis / Stock-Markets / Stock Market 2021
My commonsense interpretation of EWT continues to resolve in accurate outcomes as the chart of my last analysis implied to expect a strong 5 wave impulse advance into 2021 that has come to pass.
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Saturday, March 13, 2021
Smart Solutions That Will Make Your Business More Efficient and Productive / Companies / SME
In today’s digital age, it has become essential for every business to use technology in order to be more efficient and productive. With each passing day, technology continues to develop, offering new ways to improve our lives by simplifying tedious tasks, automating repetitive ones, and facilitating communication. No matter the size of your business, it can benefit tremendously from utilizing smart solutions to improve its operations and services. Meanwhile, remote working has become increasingly common in the last decade, allowing employees to work from any location.
With all that in mind, you can find smart solutions to improve your business’ efficiency and productivity in the guide below.
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Saturday, March 13, 2021
Get PAID to Heat Your Home, Upto £150 PER ROOM! With Bitcoin Crypto Mining Insanity! / Personal_Finance / Crypto Mining
This is going to sound insane at the outset but it is REAL! You can get PAID to HEAT your HOME! Which is obviously GREAT news to all those who live in colder climates, especially during the winter rooms when the heating has to be turned on high to counter the sub zero temperatures out doors, but that's all in the past because from now on you will welcome the WINTER because the colder it gets the MORE profit you can make! As much as £150 per room without employing anything more than what you would already be using anyway as this vide demonstrates.
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Saturday, March 13, 2021
How to Join the Gold Mining Party… Before it Ends / Commodities / Gold and Silver 2021
Forget gold and silver for a moment. Do you hear the music? Yes, it’s coming from the mining ETFs club. But how long will the party last?
And more importantly, why miners, you may ask? Because miners tend to outperform in the early days of a major rally.
After closing only $0.10 below my initial downside target of $31 on Mar. 1 , the GDX ETF could be ripe for an upward revision. Able to ignore much of last week’s chaos, the GDX ETF’s outperformance of gold and silver signals that the tide has likely turned.
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Saturday, March 13, 2021
No More Rocking the Boat in Stocks But Gold? / Commodities / Gold and Silver 2021
Stocks sharply reversed intraday, and closed just where they opened the prior Friday. That indicates quite some pressures, quite some searching for direction in this correction that isn‘t over just yet. Stocks have had a great run over the past 4 months, getting a bit ahead of themselves in some aspects such as valuations. Then, grappling with the rising long-term rates did strike.
So did inflation fears, especially when looking at commodities. Inflation expectations are rising, but not galloping yet. What to make of the rising rates then? They‘re up for all the good reasons – the economy is growing strongly after the Q4 corona restrictions (I actually expect not the conservative 5% Q1 GDP growth, but over 8% at least) while inflation expectations are lagging behind.
In other words, the reflation (of economic growth) is working and hasn‘t turned into inflation (rising or roughly stable inflation expectations while the economy‘s growth is slowing down). We‘re more than a few quarters from that – I fully expect really biting inflation (supported by overheating in the job market) to be an 2022-3 affair. As regards S&P 500 sectors, would you really expect financials and energy do as greatly as they do if the prospects were darkening?
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Friday, March 12, 2021
Oat Prices AND the Truth Behind the "White Gold" Rush / Commodities / Agricultural Commodities
Oat futures' recent surge to 7-year highs wasn't caused by the oat milk craze; think "market psychology" instead
Generally speaking, the idea of oats is about as exciting as, well, a bowl of steel cut oatmeal.
But this chart of oat futures shows why this ordinarily ordinary grain has stolen the commodity spotlight. For starters, February 2021 saw oat prices soar to their highest level in 7 years.
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Friday, March 12, 2021
Magflation: An Unexpected Gold and Silver Driver / Commodities / Gold and Silver 2021
During the 1970's, the U.S. experienced a decade of below-trend economic growth combined with rising interest rates – and eventually – massively higher gold and silver prices.
Some sectors boomed while others lagged, and then as now, the majority of the population struggled with rising home and commodity prices, bookmarked by lofty interest rates.
This stilted and challenging environment, which came to be called stagflation, eventually drove the more perceptive people into gold and silver.
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Friday, March 12, 2021
How to Get PAID to HEAT Your Home! Ultimate Energy Bills Money Savings and Earnings with Crypto! / Personal_Finance / Crypto Mining
Get ready to get blown away by what I am about to show you that must seem like making the impossible possible!
NOT ONLY FREE ENERGY TO HEAT YOUR HOME but also YOU GET PAID to heat your home! Which is definitely a must for all those living in colder climates. PAY YOU TO HEAT YOUR HOME! Watch and learn!
And this money making hack will work anywhere in the world not just in the UK and US.
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Friday, March 12, 2021
Best GPUs for Crypto Mining 2021 - Bitcoin, Ethereum, Ripple etc. / Personal_Finance / Crypto Mining
Crypto mania is reaching new heights with the likes of Bitcoin trading and holding above $50,000 which lets virtually anyone with a decent GPU in their PC make money from their very own desktop computers, likely enough to pay for the computer within 6 or 7 months! However, to maximise earnings one needs to know what the best GPU's are to maximise mega-hash rates, where this video explains the best so find out if you need to by a NEW GPU or if your existing GPU will do crypto mining in the background. Where the likes of Nice Hake crypto mining EASY, and where you get paid in BITCOIN. So do check out Nicehash to start profiting from crypto mining with your desktop PC with Nice Hash
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Thursday, March 11, 2021
Dow Stock Market Long-term Trend Analysis / Stock-Markets / Stock Market 2021
The Dow has broken out to new all time highs above 29,600 which successfully held as support during the January correction.
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Thursday, March 11, 2021
Stock Market Pullback that’s largely driven by Tech and Growth Stocks / Stock-Markets / Stock Market 2021
Last week saw a wide divergence in the stock market. Sectors that exploded higher after March 2020 (e.g. tech, IPOs, growth stocks) saw sharp drawdowns while sectors that lagged significantly (e.g. energy & finance) are catching up. In this Market Report I will highlight a few indicators that matter right now. But more importantly, I’ll discuss how we’re investing & trading in this environment because at the end of the day, the only thing that matters is how you’re positioned. Everything else is just noise.
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Thursday, March 11, 2021
An Honest Look at Gold’s Chartolgy / Commodities / Gold and Silver 2021
As you well know the PM complex has been trading at a very important inflection point for the last month or so looking for the next important move either up or down. I can make a case today for either direction but the Chartology is strongly suggesting the next important move is going to be to the downside. In the very short term, days to maybe a week or so we could see some backtesting to many important necklines that have already given way.
Lets start with a few important moving averages that in the past gave us our first warning that things could start to get a little rough. These aren’t big deals in and of themselves but they do throw up a little red flag that says, pay attention.
During the bull market years I used a ribbon of 4 different moving averages that when they became all properly aligned to the upside they told us that gold was very strong. The 300 day sma was the most important moving average for the long term health of gold. Throughout the bull market that began in 2000 until the high in 2011 the only time the 300 day sma was violated was during the 2008 crash.
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Thursday, March 11, 2021
Yet Another Bubble And Stock Market Crash Article / Stock-Markets / Stock Market 2021
If I see another article calling this market a bubble, or that the crash is coming, or claiming that “the party is over,” I am seriously going to scream. But, I guess we should thank all these article writers as they are adding bricks to the wall of worry that we will climb in 2021.
I mean, have you ever seen a crash when everyone, and their mother, grandmother, uncle, aunt, and aunt’s cat knew it was coming? In fact, I got calls from many of my relatives asking me whether they should get out of the market since all they are hearing is that we are going to get a repeat of the March 2020 crash.
As an individual investor, you are undoubtedly bombarded by information throughout the internet. While some of it is bullish and most are normally bearish (as bearishness seems to sell better), it is quite a challenge to be able to distinguish the wheat from the chaff. Unfortunately, the great majority of the information resides within the chaff, and often causes investors to focus upon their fear more so than profitable information.
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Thursday, March 11, 2021
Biden Stimulus And Consumers Are The Keys To Further US/Global Economic Recovery / Economics / US Economy
At this point in our lives, we are hoping the new COVID-19 vaccines will do their part to help move the world towards more normal consumer and economic activities. The US Senate recently a new $1.9 Trillion stimulus package that should continue to provide assistance to various levels of consumer, state governments, and corporate enterprises. The next question in our mind is “what will the recovery look like if/when it happens?”. We need to look at three critical components of the global economy to help answer this question: Consumer Activity, Debt, and Supply/Demand Functions.
Consumer activity makes up more than 60% of the US GDP. It also drives money flow as consumers engage in economic activity, create credit for new purchases and help to balance the supply/demand equilibrium functioning properly. The participation of the consumer within an economy is essential for a healthy growing economy.
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