Sunday, October 25, 2020
Car Insurance And Insurance Claims and Options / Personal_Finance / Insurance
It is widely known that different cars come at a different cost for their insurance. But have you ever wondered why there is such a big difference from one car to another? Checking out the insurance premium for the car is an advisable thing to do whenever you plan to buy a car, regardless of whether the car is old or new. Checking out the insurance costs will help you avoid other expenses down the road.
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Sunday, October 25, 2020
Best Pressure Washer Review - Karcher K7 Full Control Unboxing / Personal_Finance / Reviews
Unboxing and first look at our new KÄRCHER K7 pressure washer, find out exactly what you get in the box and how it's packed. This powerful monster will help keep our driveway and garden paving free of weeds and clean.
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Friday, October 23, 2020
Further Gold Price Pressure as the USDX Is About to Rally / Commodities / Gold & Silver 2020
Gold, mining stocks, and the USD Index have not been doing much recently. However, yesterday, this “inactivity” took quite a decisive shape, and unfortunately, things are not looking good for gold.
As you are all aware, gold tends to move conversely to the USD Index. Therefore, it’s useful to focus on the latter for signs that would influence the former. So, what does the current USDX outlook look like?
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Friday, October 23, 2020
Nasdaq Retests 11,735 Support / Stock-Markets / Stock Markets 2020
Today, we are going to examine what I believe is a sideways price FLAG in the NASDAQ E-Mini Futures (NQ) that should begin a breakdown move. We believe this breakdown trend will prompt a retest of the broad support zone between 11,200 and 11,500 over the next few days and weeks. Our research team believes the current APEX formation of this FLAG formation could complete before the end of trading on Tuesday, October 20, 2020, with a very tight upward price move followed by a breakdown price move completing the Pennant/Flag formation.
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Friday, October 23, 2020
America’s Political and Financial Institutions Are Broken / / US Presidential Election 2020
America’s key institutions are broken. More people wake up daily to that reality. They are preparing for the moment this realization dawns on Americans at large, which explains why the markets for physical bullion are so active.
Markets certainly aren’t working. Perpetual central bank intervention, rampant Wall Street cheating, high frequency trading, index funds, and many other factors have divorced the price of securities from fundamental realities, such as high unemployment.
The adjacent screen capture from CNBC in April says it all about how badly markets are doing at reflecting true economic fundamentals.
Washington, DC is dysfunctional and has been for decades. Regardless of anyone’s views on presidential politics, the political class has failed.
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Friday, October 23, 2020
Sayonara U.S.A. / Economics / US Economy
The Japanese word for goodbye is Sayonara. But it doesn’t just mean goodbye, it means goodbye forever. Unfortunately, that is what our country is doing to American Capitalism.
In the quixotic fantasy world of Keynesian economics, the more money a government borrows and prints the healthier the economy will become. Those who adhere to this philosophy also believe such profligacy comes without any negative economic consequences in the long run. This specious dogma contends that it is ok for a government to dig further into a big deficit hole during a recession because massive public spending will help the economy to climb out faster. And then, a government can cut spending in the good times, which leads to big budget surpluses.
The trouble with this theory is the time never arrives to bring the scales into balance. Case in point, during the pre-pandemic year 2019, the U.S. had a deficit that was equal to 5% of GDP—one of the worst figures since WWII. This deficit occurred during a time which was purported to be one of the best economies in history. Today, there are negotiations for yet another “stimulus” package after having already spending $3 trillion (15% of GDP) earlier this year. Speaker Pelosi and the Democrats want to spend another $2.2 trillion and Republican President Trump says, “I would like to see a bigger stimulus package, frankly, than either the democrats or Republicans are offering.”
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Friday, October 23, 2020
Economic Contractions Overshadow ASEAN-6 Recovery / Economics / Asian Economies
In 2021, the return to growth in major ASEAN economies rests on the containment of COVID-19, structural growth and global outlook. Due to rising deficits, debt and political volatility, the recovery will be bumpy.
Recently, the WHO stated that 1 in 10 people worldwide may have been infected by the coronavirus. Since the current world population is 7.8 billion, real infections would total 780 million rather than the 40 million confirmed cases today.
Among Southeast Asia’s major economies – ASEAN-6 - Indonesia and the Philippines have currently almost 360,000 confirmed cases each. According to WHO’s models, the real number could be 3.5 million or more.
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Friday, October 23, 2020
Doji Clusters Show Clear Support Ranges for Stock Market S&P500 Index / Stock-Markets / Stock Markets 2020
Clusters of Doji shaped candles have, for centuries, illustrated very clear levels of support/resistance in price action. Whenever multiple Doji candles appear in a cluster-like formation, traders should pay attention to these levels as future support/resistance ranges for price action. In the case of the S&P500 E-Mini Futures Daily Chart, we can clearly see three separate support zones – the highest one being right where price closed on Friday (near 3475).
As the US elections near, we do expect increased volatility to become a factor in the US markets. Currently, our predictive modeling systems are suggesting a Bullish trend bias is in place in the markets. Therefore, we expect the bias of the trend to continue to push higher. Yet, these Doji Cluster support levels become very clear downside targets if increased volatility prompts any broad market rotation over the next few days/weeks. These three levels are :
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Thursday, October 22, 2020
Silver Market / Commodities / Gold & Silver 2020
Despite recent headwinds, it looks to be clear sailing going forward for silver, according to recent forecasts from three financial services firms.
“A higher gold price, along with the ongoing recovery in industrial demand, particularly from China, means that the price of silver is likely to rise in the year ahead,” Capital Economics said in a report published on Sept. 30.
“All in all, a market deficit in conjunction with a higher gold price should lift the price of silver to $25 and $27 per ounce by end-2020 and end-2021, respectively,” assistant commodities economist Samuel Burman wrote. He added,
“Demand for non-interest bearing safe-haven assets, such as gold and silver, should rise as real yields in the U.S. drift a little lower. We forecast that the US ten-year nominal yield will fall to 0.50%, from 0.70% currently, by the end of this year and that it will remain at this level in 2021. The Fed has already stated that it will keep policy ultra-loose until at least 2023 and allow inflation to overshoot its target.”
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Thursday, October 22, 2020
Goldman Sachs Likes Silver; Trump Wants Even More Stimulus / Commodities / Gold & Silver 2020
Gold and silver markets slumped this week as stimulus talks faltered again in Washington.
Even though the White House upped its offer to $1.8 trillion, House Speaker Nancy Pelosi refused it – not wanting to give President Trump any kind of political victory ahead of the election.
Meanwhile, the President continues to campaign for stimulus. He is bucking Senate Republicans by offering to go even higher than $1.8 trillion.
Here’s what President Trump told Stuart Varney of Fox Business on Thursday:
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Thursday, October 22, 2020
Hacking Wall Street to Close the Wealth Gap / Politics / Social Issues
By Dawn Pennington : Just like the legend of a bow-and-arrow toting, Sherwood Forest-dwelling vigilante, Menlo Park, Calif.-based Robinhood set out to bring that sentiment to the retail investing set with a brokerage app.The company was founded in April 2013 by Vladimir Tenev and Baiju Bhatt, who had previously built high-frequency trading platforms for financial institutions. Their goal was to provide everyone with access to the financial markets, not just the wealthy… just like the Merry Men would do with unsuspecting victims traveling through Sherwood Forest.
The idea was a hit. No one had ever offered stock trades with zero commissions. This made investing affordable for people of any age and income. Today, the app has over 13 million users with an average age of 31.
The company has no storefront branches and operates entirely online without fees… and, as customers found out last week, no customer service.
Thursday, October 22, 2020
Natural Gas/UNG Stepping GAP Patterns Suggest Pending Upside Breakout / Commodities / Crude Oil
An upward stepping GAP pattern for UNG and Natural Gas has our research team believing a strong upside price breakout may be pending. We believe the open gap patterns, which are below the current price levels, represent a building momentum based/bottom that has setup in UNG. This pattern, if we are correct, may prompt a big breakout move in the near future.
THREE GAPS PATTERN & MOMENTUM BASE COMPLETE – WHAT NEXT?
These GAP patterns are similar to a Japanese Candlestick pattern called “Three Gaps”. A Three Gaps pattern is typically associated with trending and suggests an exhaustion top may be near. It is represented by three very clear open price gaps in a defined trend (up or down), as can be seen in the chart below.
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Thursday, October 22, 2020
NVIDIA CANCELS RTX 3070 16b RTX 3080 20gb GPU's Due to GDDR6X Memory Supply Issues / ConsumerWatch / Computing
Shock news out of Nvidia, their announced RTX 3000 cards aimed at answering completion from AMD's Big Navi the RTX 3080 20gb and the 3070 16gb, which is the I one was planning to buy, have now been CANCELLED!
CANCELLED, Note postponed but cancelled which means not to expect these cards to materialise any time soon!
What does this mean? Why have these that would have been in high demand cards been cancelled.
Well two reasons come to mind....
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Thursday, October 22, 2020
Zafira B Leaking Water Under Car / Personal_Finance / Motoring
Here's another Zafira B video, of what motorists can expect to experience after buying one. Here, I find my Zafira is leaking water! A lot of water! About 1 litre per hour so it's not due any rain the day before. What new nightmare do I face, find out as I try to determine where the water is coming from, and hoping that it's not related to my engine else it would imply the head gasket has blown! Yikes that fix would cost more than the cars worth!!
Another video of what I experienced over my near 10 year ownership of a Zafira than surely shall you, only a matter of time! Anyway you probably are already experiencing it hence why you arrived at this video! But do remember to subscribe for new Zafira B videos.
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Wednesday, October 21, 2020
The Copper/Gold Ratio Would Change the Macro / Commodities / Copper
The Copper/Gold ratio is saying something. That something is that a cyclical, pro-inflation and thus pro-economic reflation metal shown earlier, remaining nominally positive on a down market day has, in relation to gold, taken out two important moving averages (daily SMA 50 & SMA 200) and is currently riding the short-term EMA 20 upward. RSI and MACD are positive.
Copper: Pro-cyclical inflation, pro-reflation, pro-economy.
Gold: Counter-cyclical, monetary, with inflationary utility.
Given the right circumstances (like desperate monetary and fiscal policy), which are in play on the wider macro, gold will probably do quite well moving forward. But maybe – for a while – not as well as some commodities if the Copper/Gold ratio really is up to something positive here.
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Wednesday, October 21, 2020
Are We Entering Stagflation That Will Boost Gold Price? / Commodities / Gold & Silver 2020
Inflation is back. OK, not inflation, but inflation expectations. As the chart below shows, they plunged during the coronavirus crisis, but they have already recovered. Currently, and based on the inflation-protected Treasury yields, Mr. Market expects that inflation will be, on average, 1.5 percent in the next five years and 1.7 percent in the next ten years.
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Wednesday, October 21, 2020
Crude Oil Price Stalls In Resistance Zone / Commodities / Crude Oil
CLEAR PRICE CHANNEL MAY PROMPT BIG BREAKOUT OR BREAKDOWN MOVE IN OIL
In this report, I discuss the recent price action in crude oil and how economic conditions and the pennant flag chart pattern is indicating a big price move is about to take place over the next few weeks. While some of you may want a clear, bold prediction as to whether a breakout or breakdown may happen, as technical traders, our job is to predict different possible setups and identify the criteria that will tell us when to enter the trade upon confirmation. Read below to learn more.
Crude Oil has continued to retest the $41.75 to $42.00 resistance level over the past 30+ days. My research team believes this represents a very clear indication that further failure to advance above this level will prompt a moderate price decline – likely breaking below the $36.00 ppb price level.
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Wednesday, October 21, 2020
High-Profile Billionaire Gives Urgent Message to Stock Investors / Stock-Markets / Stock Markets 2020
In a deflationary depression, the prices of most financial assets crater, including stocks.
One well-known billionaire says it's time to shift into cash.
Here's an excerpt from a Sept. 22 CNBC article:
Billionaire media mogul Barry Diller on Tuesday urged investors to maintain sizable cash positions following the stock market's robust rally from coronavirus-induced lows in late March.
"Personally, and professionally, every nickel you can, keep it ... wherever it's banked," the chairman of both Expedia and digital media group IAC said ... "I think the market right now is a great speculation, I would stay home."
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Wednesday, October 21, 2020
What's it Like to be a Budgie - Unique in a Cage 4K VR 360 / Personal_Finance / Animals & Pets
Hi guys in this unique video, you get to the closest to experiencing what it's actually like to be budgie living in a cage as I put a VR 360 camera right in the top middle of the cage, you can pan around the cage in all directions following the budgies in their daily activities on their level just as though you were another budgie! And you don't even need a VR 360 headset as any web browser will allow you to look around in all directions. Welcome to budgie life the world's first Budgie in a cage VR 360 video.
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Wednesday, October 21, 2020
Auto Trading: A Beginner Guide to Automation in Forex / Currencies / Forex Trading
Among the notable technological advancements in the forex ecosystem is auto trading. Not only does it replace manual trading but it is also making forex trading simpler and more profitable.
Before you decide whether or not to apply auto trading in forex you need its basics and where to use it.
What is auto trading? It the use of software to analyze markets as well as complete trades. It involves the application of artificial intelligence in forex trading.
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