Sunday, January 24, 2021
4 Reasons for Coronavirus 2021 Hope / Economics / Coronavirus Depression
By: John_Mauldin
2021 may feel more like an extension of 2020 rather than a fresh start. But take heart—there is plenty of good news out there.
Here are four things to be hopeful about today:
First, we now have weapons against the coronavirus. The US has two approved vaccines. England, China and Russia have developed their own. Additional vaccines are under development and will likely be available later this year.
These will be game-changers if we manage to deploy them widely and quickly. Which, I admit, is a big “if.”
Read full article... Read full article...
Sunday, January 24, 2021
Apple M1 Chip Another Nail in Intel's Coffin - Top AI Tech Stocks 2021 / Companies / Apple
By: Nadeem_Walayat
Apples EC has rocketed higher to 76 up from 55. which on face value makes Apple an expensive stock to buy right now. However, when one actually looks under the hood at what's going on at Apple then one finds the reason why Apple has been bid up to such lofty levels, where it's current price even after the recent correction is more than double where the stock was trading during March. The answer lies in Apple's 2 year transition away from using former best buddy Intel's CPUs which has started off with a BANG following the launch of the the M1 Mac Book laptops just a few days ago. what's the M1? It's Apple ditching intel for it's ALL in one chip that includes a 8 core CPU, 8 core GPU, 16 core neural engine and memory all on one SOC die that is basically a souped up version of the A14 chips found in Pads and iphones.
Read full article... Read full article...
Sunday, January 24, 2021
Stock Market: Why You Should Prepare for a Jump in Volatility / Stock-Markets / Stock Markets 2020
By: EWI
This volatility indicator "has made a series of higher lows" -- and it's not a good sign
Stock market volatility is like a roller-coaster ride -- extreme ups and downs.
However, unlike thrill-seeking roller-coaster riders who often rise from their seats after the ride with a smile, investors often exit with a frown.
That's because extreme volatility after a stock rally often ends with prices much lower.
Having said that, many investors -- even professionals -- do not anticipate a jump in volatility right now.
Read full article... Read full article...
Sunday, January 24, 2021
What’s next for Bitcoin Price – $56k or $16k? / Currencies / Bitcoin
By: Chris_Vermeulen
Bitcoin traders and enthusiasts are riding the wave after the incredible rally from $9,000 to $42,000 throughout Q4:2020. It certainly was an incredible run – more than quadrupling in value in less than three months. Now we find ourselves in an early 2021 corrective phase which will end in either another Breakout/Rally attempt or an Excess Phase (Blow-off) Top. This article highlights both potential outcomes because at this stage it is difficult to determine a single high-probability outcome.
Before I continue, I urge readers to review our How To Spot The End Of An Excess Phase article from November 27, 2020. You can re-read it at www.thetechnicaltraders.com/how-to-spot-the-end-of-an-excess-phase-part-ii/. This is an excellent primer for the content of this current research article.
Read full article... Read full article...
Sunday, January 24, 2021
How Does Credit Repair Work? / Personal_Finance / Credit Cards & Scoring
By: Sumeet_Manhas
Anyone who has had bad credit in the past will know how difficult it is to apply for a credit card, get a loan, or purchase a home. However, there are several things we can do to improve our credit rating. One of the most talked about ways of improving your credit rating is to hire a credit repair company. These companies claim that they can improve your credit rating in return for a fee. But is this even possible? Keep reading below to find out all you need to know about how credit repair works and whether a credit repair company can help you:
Read full article... Read full article...
Friday, January 22, 2021
Silver Price 2021 Roadmap / Commodities / Gold and Silver 2021
By: The_Gold_Report
Peter Krauth, the editor of Silver Stock Investor, looks at silver's bull markets since the 1970s and discusses what he thinks lies ahead. There's no consensus on whether silver is in its second or third secular bull market since the 1970s. That's because people define bull markets in different ways.
But as I'll show you, it's not that important.
What we do know is that silver enjoyed a huge bull market from about 1971 until 1980, and then another major bull run from about 2001 until 2011.
Most secular bull markets run through a period, usually about half-ways on the time scale, where the commodity's price falls by about 50%, sometimes more. This is an observation by the legendary commodities investor Jim Rogers.
Read full article... Read full article...
Friday, January 22, 2021
Why Biden Wants to Win the Fight for $15 Federal Minimum Wage / Politics / Wages
By: Patrick_Watson
President Joe Biden's pandemic relief plan proposes direct cash payments, enhanced unemployment benefits, vaccine funding, and help for state and local governments.
But Biden’s wish list has one unexpected item: a $15 federal minimum wage.
Labor advocates have been asking for this for years, and it’s no surprise a Democratic administration would try now. After all, the coronavirus has spread partly because so many low-wage workers have had to keep working in high-contact environments.
Raising the minimum wage won’t immediately fix that problem, so Congress might reject that part.
Read full article... Read full article...
Friday, January 22, 2021
Here’s Why Gold Recently Moved Up / Commodities / Gold and Silver 2021
By: P_Radomski_CFA
Gold moved higher as the USD Index moved lower in today’s pre-market trading. Before providing you with my thoughts on why that happened and what the implications are, let’s see exactly what transpired.
Read full article... Read full article...
Friday, January 22, 2021
US Dollar Decline creates New Sector Opportunities to Trade / Currencies / US Dollar
By: Chris_Vermeulen
The weakness in the US Dollar, which initiated after the Covid-19 peak in March 2020, has entered an extended downward price trend which is nearing a key support level near 88.33. One key factor related to this trend is a weakness in the US Dollar, which means other foreign currencies become comparatively stronger. This transitional currency valuation phase creates an environment where localized foreign investments may become much more opportunistic than the US stock market/sectors if this US Dollar decline continues. Simply put, foreign investors will suddenly start to realize they are losing alpha in US Dollar based investments compared to stronger, foreign currency-based investments over time and move their capital to profit from the US Dollar’s decline.
Read full article... Read full article...
Friday, January 22, 2021
Sandisk Extreme Micro SDXC Memory Card Read Write Speed Test Actual vs Sales Pitch / Personal_Finance / Computing
By: HGR
Here we test the actual speed of the Sandisk Extreme 128 GB micro SDXC A2 V30 Memory Card vs the sales pitch of delivering up 160mb/s read and 90 mb/s write speeds.
Read full article... Read full article...
Friday, January 22, 2021
NHS Recommends Oximeter Oxygen Sensor Monitors for Everyone 10 Months Late! / Politics / Coronavirus 2021
By: N_Walayat
To illustrate how incompetent Britain's government healthcare system, the NHS response to the chinese coronavirus pandemic has been is the fact that only now in late January 2021 is the NHS recommending that people who suspect they have coronavirus monitor their oxygen levels at home before becoming more seriously ill and calling an ambulance to take them to hospital. This is shocking, as something which was obvious from the outset that an respiratory illness demands that one monitors their oxygen levels which is why I and I presume many others bought such devices for less than £30 from Amazon some 10 months ago in March 2020. Rather than wait for medical establishment to give their go ahead some 10 months late in the final stages of the pandemic as this video illustrates.
Read full article... Read full article...
Friday, January 22, 2021
DoorDash Has All the Makings of the “Next Amazon” / Companies / Tech Stocks
By: Stephen_McBride
Can Amazon Make It? That was the headline plastered on the front page of BusinessWeek magazine in July 2000.
Amazon’s future looked bleak after the tech bubble burst earlier that year. The online shopping pioneer was hemorrhaging cash, forcing it to cut 15% of its workforce. Top fund managers cut Amazon from their portfolios. And over the following year, its stock price sank from $105 to $5.
Read full article... Read full article...
Friday, January 22, 2021
How to Survive a Silver-Gold Sucker Punch / Commodities / Gold and Silver 2021
By: MoneyMetals
Anyone who owns precious metals, mining shares or metals' ETFs knows the drill.
First, gold and silver begin to establish an uptrend on the charts. Analysts (like us) start writing about how prices are getting ready to make an upside run.
Then "out of nowhere" thousands of highly margined futures contracts hit the market on the short side, "re-painting" the charts, sending terror into the hearts of stackers and those who believe in "honest money."
The reality is that honest money is being manipulated for personal gain by dishonest traders, enabled by "regulators" who, to put it charitably, look the other way.
Read full article... Read full article...
Friday, January 22, 2021
2021: The Year of the Gripping Hand / Economics / Coronavirus Depression
By: John_Mauldin
Harry Truman famously asked for a one-handed economist so he could stop hearing, “On the one hand, but then on the other hand.”
But what if we had three hands?
Larry Niven and Jerry Pournelle's 1974 book, "The Mote in God’s Eye," features an alien species with three arms. It has two “normal” hands and a stronger, but less dexterous one called the “gripping hand.”
Friday, January 22, 2021
Technology Minerals appoints ex-BP Petrochemicals CEO as Advisor / Companies / Corporate News
By: Submissions
The ex-CEO of BP’s global petrochemicals business will work with the UK’s first end-to-end battery recycling group
In continued efforts to secure a greener future in the battery metals industry, Technology Minerals is pleased to welcome Nick Elmslie as an
Advisor to the Board.
Elmslie has extensive experience in the chemicals industry. His financial expertise will offer a unique opinion to allow better decision making for Technology Minerals; a company determined to secure a greener future for the battery industry. This latest appointment will contribute towards a more sustainable future.
Read full article... Read full article...
Thursday, January 21, 2021
Gold Price Drops Amid Stimulus and Poor Data / Commodities / Gold and Silver 2021
By: Arkadiusz_Sieron
The price of gold has declined further amid incoming U.S. President Joe Biden’s fiscal stimulus and poor economic data, which is a bearish sign.The weakness in the gold market continued last week. As the chart below shows, the London P.M. Fix declined below $1,840 last Friday (the price of the yellow metal later declined even further, i.e., below $1,830).
Read full article... Read full article...
Thursday, January 21, 2021
Protecting the Vulnerable 2021 / Personal_Finance / Gambling
By: Submissions
The shift in players moving online gaming during 2020 saw sites like www.swankybingo.com quickly growing in popularity as increased traffic of both new and existing players visited to enjoy a few games whilst catching up with family and friends. In fact, online bingo has taken over in popularity from its land-based counterpart in a big way with people of all ages now enjoying their games as well as making new contacts online.
We are all well aware that choice is a great thing for consumers but the migration online by many people highlighted issues with the existing legislation with the 2005 Gambling Act being described as ‘weak’ and ‘sluggish’ especially when covering the problem of problem gambling.
Not only was the 2005 Gambling Act shown to be insufficient, as businesses actually struggled to remain compliant. This fact was proven with the online gambling firms of Caesars Entertainment UK and Betway paying in excess of £10 million for breaching problem gambling and ALM laws.
Read full article... Read full article...
Thursday, January 21, 2021
How To Play The Next Stage Of The Marijuana Boom / Commodities / Cannabis
By: OilPrice_Com
...
Thursday, January 21, 2021
UK Schools Lockdown 2021 Covid Education Crisis - Home Learning Routine / Politics / Coronavirus 2021
By: N_Walayat
Here's what it's like for infants, junior and secondary school pupils trying to learn at home during lockdown 2.0. The incompetent and negligent mismanagement of the Coronavirus pandemic has resulted in chaos and disorder at every corner of the failure of the education system to respond to the pandemic. First we have the 6 month lockdown from March to September 2020, as the schools FAILED to reopen in June, despite there being little or not risk of infection from the virus during the summer months. That at the start of 2021 was followed by the catastrophic third wave as the UK government once more lost control of the virus resulting in the panic shutdown of all schools, which whilst necessary to bring the pandemic under control nevertheless is once more doing huge damage the life prospects of Britain's school children as this vide of what the children of Sheffield's schools are experiencing (Dobcroft example), as lockdown 2.0 could continue until after EASTER 2021!
Read full article... Read full article...
Wednesday, January 20, 2021
General Artificial Intelligence Was BORN in 2020! GPT-3, Deep Mind / Companies / AI
By: Nadeem_Walayat
During 2020 the fictional general artificial intelligence of the movies to some degree become reality in the form of GPT-3 that performs exponentially better than AI that preceded it as the following graph illustrates,
Read full article... Read full article...