Wednesday, December 16, 2020
WISA Stock Breaking Down the Summit Wirless Opportunity / Companies / Corporate News
By: Joshua_Rodriguez
Summit Wireless Technologies (NASDAQ: WISA) recently announced the publication of a new investor presentation. After diving into the presentation, I’ve found that the investment opportunity is only becoming more compelling.
Of course, when I see strong investing opportunities, I like to share them with you, my readers.
Read full article... Read full article...
Tuesday, December 15, 2020
Markets Rallying on Vaccine Hopes, but Higher Taxes and Inflation Loom / Stock-Markets / Stock Markets 2020
By: MoneyMetals
For months, including this past week, markets have rallied on hopes for a vaccine and more stimulus – even as the real economy is suffering under expanding virus restrictions and as a stimulus deal keeps getting thwarted by partisans in Washington.
Negative divergences are showing up, with market momentum waning and volume thinning in the major averages.
Another threat markets seem to be overlooking – at least for now – is that of tax hikes under an incoming Joe Biden administration.
More on that in a moment. But first, let’s review this week’s price moves in metals markets.
Read full article... Read full article...
Tuesday, December 15, 2020
Is the Vaccine a Game-Changer for Gold? / Commodities / Gold & Silver 2020
By: Arkadiusz_Sieron
The vaccines are coming – we’re saved! Although the arriving vaccines are great for humanity, they are bad for the price of gold.In November, Pfizer and BioNTech announced that their mRNA-based vaccine candidate, BNT162b2, had demonstrated evidence of an efficacy rate above 90% against COVID-19, in the first interim efficacy analysis. As Dr. Albert Bourla, Pfizer Chairman and CEO, said:
Today is a great day for science and humanity. The first set of results from our Phase 3 COVID-19 vaccine trial provides the initial evidence of our vaccine’s ability to prevent COVID-19.
Indeed, the announcement is great news! After all, the vaccine is the ultimate weapon against the virus. There’s no doubt that we will get the vaccine one day. Thank God for scientists – they are really clever people who work hard to develop a safe vaccine! Why can’t we have more of them instead of so many economists? As well, the pandemic triggered unprecedented global cooperation to develop a vaccine as quickly as possible. The funds are enormous, while the bureaucrats eventually decided to behave like decent human beings for once and eased their stance in order to speed up the whole process. Great!
Read full article... Read full article...
Tuesday, December 15, 2020
Beat the Coming ‘Taxflation’ Tsunami with Precious Metals / Commodities / Gold & Silver 2020
By: MoneyMetals
The final weeks of the tumultuous year that has been 2020 present opportunities for investors to get their financial houses in order ahead of the New Year.
Nobody knows what 2021 will bring. But new political risks are likely to emerge – including the threats of higher taxes and a more punitive IRS.
With control of the U.S. Senate still up for grabs pending runoff elections in Georgia next month, and the final outcome of the presidential race still in dispute, an environment of uncertainty will reign for the remainder of the year.
President Donald Trump continues to pursue a longshot campaign to rescind fraudulent election results in multiple states through the courts or state legislatures.
Read full article... Read full article...
Tuesday, December 15, 2020
February 2020 COVID Breakdown Gap Acting As Support For Stock Market Rally / Stock-Markets / Stock Markets 2020
By: Chris_Vermeulen
The difference in the price setup of the initial February COVID-19 downside price gap on the INDU (Dow Jones Industrial Average) vs. the SPY (SPDR S&P500 ETF) clearly shows how this previous gap in price is acting as a critical support level for the current price rally. When the downside price gap first started, near February 25th, 2020, technical traders immediately identified this “impulse gap” as an important price structure to watch in the future. As the US stock markets recovered in late August/September, price levels began to attempt to “fill the gap” on the INDU chart. On the SPY chart in August/September, prices filled the gap then rallied to new highs – initiating a new upside price rally attempt.
My team and I believe these gap levels on the INDU and SPY currently represent a critical horizontal support level for both the INDU and the SPY. This gap range is now acting like a “hard floor” in price that should be watched by all traders. We will examine these setups on the charts below.
Read full article... Read full article...
Tuesday, December 15, 2020
Same Fear, Different Year: This Vaxx Scam Has Been Going on for More Than a Century / Politics / Pandemic
By: Jeff_Berwick
2020: The Movie would go something like this:
Over the last few centuries, societal expectations led the most intelligent humans to choose not to have children while the least intelligent reproduce indiscriminately, creating increasingly dumber generations. (Societal = Socialist + Liberal?)
These multi-generations are exposed to the exact same scam every few years, and have seen Ebola, H1H1, Aids, Swine Flu, Zika Virus, MERS, Bird Flu and SARS come and go. None of which shut down the world. And almost none of which have a licensed, human-tested vaccine. Despite years and years of development.
Read full article... Read full article...
Tuesday, December 15, 2020
How Will Gold Perform This Winter? / Commodities / Gold & Silver 2020
By: Arkadiusz_Sieron
Brace yourselves, winter is coming! It may be a harsh period for the United States, but much better for gold.Some of you may have seen snow this year already, but the astronomical winter is still ahead of us. Unfortunately, it could be a really dark winter. Instead of joyful snowball battles and making snowmen, we will have to contend with the coronavirus . The vaccines will definitely help (the first doses of Pfizer’s vaccine were administered this week), but their widespread distribution will begin only next year. So, we still have to deal with the pandemic taking its toll here and now – as the chart below shows, the number of daily COVID-19 cases is still above 200,000 in the U.S.
Read full article... Read full article...
Monday, December 14, 2020
US Presidential Election 2020 Forecast Review / ElectionOracle / US Presidential Election 2020
By: Nadeem_Walayat
This series of in-depth analysis (AI Stocks Portfolio Buying Levels Q4 2020 Analysis) covers the following topics:
- US Presidential Election 2020 Forecast Review
- Seeing Stock Market New Highs Through the Prism of AI
- Stock Market Dow Quick Take
- AI Stocks Buying Levels and EC ratio Explained
- Top 10 AI Stocks individual analysis i.e. for Google, Amazon, Apple etc.
- AI Stocks Buying Levels Q4 2020
- The Next IMMINENT Global Catastrophe After Coronavirus
However the whole of this extensive analysis has already first been made available to Patrons who support my work so immediate first access to ALL of my analysis and trend forecasts then do consider becoming a Patron by supporting my work for just $3 per month. https://www.patreon.com/Nadeem_Walayat.
Read full article... Read full article...
Monday, December 14, 2020
Dow Stock Market Trend Forecast Into January 2020 / Stock-Markets / Stock Markets 2020
By: Nadeem_Walayat
The stock markets recovery from the Chinese Coronavirus catastrophe has been spectacular. Remember the Dow traded down to a low of just 18,213 on 23rd of March 2020 and then over the next 8 months recovered to a new all time high north of Dow 30,000!
This is the final part of a series of in-depth analysis that concludes in a detailed trend forecast for the stock market into January 2021.
Read full article... Read full article...
Monday, December 14, 2020
A Fresh Perspective on Why Stock Market Continues to Defy News / Stock-Markets / Stock Markets 2020
By: EWI
Why a "disappointing" jobs report did not send stock prices lower
Many market observers assume that the news is the main factor in governing the stock market's trend.
Yet, Elliott Wave International has shown time and again that there's simply no evidence to support this widespread assumption.
Read full article... Read full article...
Monday, December 14, 2020
Precious Metals: The Foundation of A Sound Financial Portfolio / Commodities / Gold & Silver 2020
By: Nick_Barisheff
Precious metals are the bedrock of the financial world. They have permanent value and are the oldest form of money in the world. If you don’t own physical gold and silver, your investment portfolio lacks a sound foundation. Precious metals are often sought after as a store of permanent value, and as a method of diversifying portfolios.
While cash, bonds, stocks and real estate offer investors financial diversification, precious metals underpin all other assets, particularly during times of economic turbulence and market turmoil.
Imagine an upside-down pyramid containing successive layers of asset classes.
Read full article... Read full article...
Monday, December 14, 2020
Stock Market Minor Correction Underway / Stock-Markets / Stock Markets 2020
By: Andre_Gratian
Current Position of the Market
SPX Long-term trend: There is some good evidence that we are still in the bull market which started in 2009, and which could continue into the first quarter of 2021 before coming to an end.
SPX Intermediate trend: New intermediate uptrend underway since 2234.
Analysis of the short-term trend is done daily with the help of hourly charts. They are important adjuncts to the analysis of daily and weekly charts which determine longer market trends.
Read full article... Read full article...
Monday, December 14, 2020
Gold Price Green Light For Mining Stocks / Commodities / Gold and Silver Stocks 2020
By: Zeal_LLC
The gold miners’ stocks are finally perking up again, after spending months slogging through a grinding correction. Contrarian traders are taking notice, starting to redeploy capital in this high-potential sector. Gold miners’ earnings and thus stock prices are overwhelmingly driven by gold’s fortunes. And the yellow metal’s recent technicals are signaling a mature correction, green-lighting gold stocks’ next major upleg.
Bull markets are an alternating series of uplegs followed by corrections, for every few steps forward there is always one step back. These periodic selloffs are essential for bulls’ health and longevity, rebalancing sentiment and technicals before they get too overheated. Popular greed growing too extreme early in bulls will prematurely slay them. All available near-term buying is sucked in, exhausting capital inflows and upside.
The most-important times to trade during bull markets are correction bottomings and upleg toppings. The mission is to buy in relatively-low at the former, then sell relatively-high at the latter. That’s the lowest-risk and fastest way to multiply wealth in ongoing secular bulls. But executing on this strategy is challenging in real-time, because these tradable major lows and highs aren’t definitive until well after they’ve passed.
Read full article... Read full article...
Monday, December 14, 2020
Big Down Day For Gold And Silver; More To Come? / Commodities / Gold & Silver 2020
By: Kelsey_Williams
After a recent spike to the upside over the past seven days, both gold and silver have turned negative again and could be headed back to their recent low points reached early in the day on Monday, November 30th.
The movement in both gold and silver is evident of a decided shift in trend direction to the downside. What happens after prices return to their recent lows could prove interesting; or downright discouraging if you are expecting a resumption of the trend to higher prices.
Silver at its recent reaction high point yesterday reached $24.80. At that point it was still down $5.00 per ounce from it August intraday high of $29.80. When silver touched $21.80 last week it represented a loss of more than twenty-five percent from its August peak.
Read full article... Read full article...
Monday, December 14, 2020
Why Investors Need to Be Invested in Amazon AMZN Stock / Companies / Amazon
By: Nadeem_Walayat
Amazon had soared into the stratosphere, literally doubling in price from its March low, breaking above $3400 early July putting Amazon on an eye watering EC level of 148, prompting me to sell over 50% of my holdings which I flagged ahead of time in the comments, following which Amazon did correct down to $2900 though not to anywhere near it's buying level of $2525. Following which Amazon did manage to break to a new high of $3552, but again it was not able to hold the levels due very high valuations which currently has Amazon trading down to $3099.
Read full article... Read full article...
Monday, December 14, 2020
Oculus Quest 2 Unboxing and First Impressions - Exactly What's in the box! / Personal_Finance / Virtual Reality
By: HGR
In this video I show you what comes with the Oculus Quest 2, exactly what's in the box so if buying you don't get extras you don't need. And also give our first impressions when compared to other VR headsets.
Read full article... Read full article...
Monday, December 14, 2020
Oculus Quest 2 Dumped on Doorstep! Amazon Deliveries Handed to Sleeping Resident / ConsumerWatch / Amazon
By: N_Walayat
It's Sunday morning when usually everyone's having a lie in, though I wake up early for a change 9am and one of the first things i do is to check my email. Your Amazon Item has been delivered at 7.52am, handed to resident! WHAT? All the emails to date had said it was going to be delivered Monday, and what resident was it handed to since all are sleeping! So out a rush to see what's happened!
Read full article... Read full article...
Sunday, December 13, 2020
Copper & Bonds Telegraphed the 2020 COVID Stock Market Collapse / Stock-Markets / Stock Markets 2020
By: Chris_Vermeulen
A very interesting setup in both Copper and Bonds seemed to have telegraphed the collapse in the US stock market in early 2020. T-Bonds, which had been consolidating into a downward price channel prior to the COVID outbreak, suddenly broke through the downward price channel and started to accelerate higher. Copper, which is a fairly common commodity for building, infrastructure, and other uses, had been moving higher above a clear upward price channel, then suddenly broke lower in early 2020. Both Bond and Copper seemed to break these price channels nearly 20+ days before the US stock markets initiated their price decline on February 24, 2020.
My research team and I believe this setup is not inconsequential for technical traders. The breakdown in Copper represents a core “demand” failure, while the breakout in Bonds suggests risks are elevating. This is something we should continue to watch for in the future as Copper and Bond prices typically move before the US stock market begins to react.
Read full article... Read full article...
Sunday, December 13, 2020
Looking for Precious Metals Key Triggers / Commodities / Gold & Silver 2020
By: P_Radomski_CFA
The question on everyone’s mind is: when is it a good time to buy some gold or silver after they bottom? The answer to that question is simple: when key triggers are met. Count-trend rallies in gold or silver don’t mean that they have enough energy and momentum to keep climbing. Miners also don’t have enough strength to lead the way in a fresh climb upwards for the PMs, so everything we see now only speaks of corrective action.
Gold moved higher yesterday (Dec 8), while silver and mining stocks went in the opposite direction. It seems that the latter moved in tune with the trend, while the move in the former was rather accidental.
Read full article... Read full article...
Sunday, December 13, 2020
Yes, "Active Stock Investment Managers" DO Behave Like the "Crowd" / Stock-Markets / Stock Markets 2020
By: EWI
...and that's not a good thing
When people hear the phrase "investing crowd," they tend to think of Main Street investors. Usually dipping their toe in the water after the trend has been underway for quite some time, they are typically seen as the "more cautious" types than Wall Street pros.
Of course, there is a flip side to that "cautiousness": The "investing crowd" is known for panic-selling near market bottoms and going "all in" near major market tops.
What's more, Main Street investors are not alone in their "crowd" behavior. It actually permeates most of the investment world, including the professionals.
Read full article... Read full article...