Sunday, September 13, 2020
Gold And Silver Up, Down, Sideways, Up / Commodities / Gold & Silver 2020
By: Darryl_R_Schoon
In mid-march, just as the coronavirus was gaining momentum, the price of gold began to rise. After trading sideways from 2015 to 2019, gold rose from a low of $1,471 in mid-March to $2,069 on August 6th, a spectacular 40% rise in five months.
During that same period, silver rose from $11.94 to $29.14 on August 6th, an even more spectacular 114% increase.
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Saturday, September 12, 2020
Does the Stock Market Really "See" the Future? / Stock-Markets / Stock Markets 2020
By: EWI
Addressing the notion that the market "discounts" future events
Let's start off with an August 26 quote from Marketwatch:
[F]rothy financial markets ... currently are discounting the nirvana of an uninterrupted V-shaped recovery. ...
Of course, that statement means that the reason investors have been bidding stock prices higher is that they collectively anticipate a strong economic recovery.
But is that the real reason that stock prices are in record-high territory again?
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Saturday, September 12, 2020
Basel III and Gold, Silver and Platinum / Commodities / Gold & Silver 2020
By: The_Gold_Report
Maurice Jackson of Proven and Probable talks with Andy Schectman of Miles Franklin Precious Metals Investments about macroeconomic policy and its effect on precious metals prices.
Maurice Jackson: Joining us for a conversation is Andy Schectman, the president of Miles Franklin Precious Metals Investments.
Let's begin today's discussion with gold, which has recently surpassed its all-time high since we last spoke, but this is no surprise. You forewarned us this would come to pass in our discussion back in December 2019, regarding the Bank of International Settlements and Basel III and its impact on gold. For those that missed that conversation, can you please shed some light on the importance of Basel III?
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Saturday, September 12, 2020
Tech Stocks FANG Index Nearing Critical Support – Could Breakout At Any Moment / Companies / Tech Stocks
By: Chris_Vermeulen
RESEARCH HIGHLIGHTS:
- The washout-low price move in FANG stocks may present a needed rotation in price before another upside move sets up.
- Tweezer Bottoms pattern and RSI pennant formation suggest very clear support levels.
- Watch how Volume and the VIX pick up over the next few days, and how price reacts to this bounce at 945.
Our Custom FANG Index (consisting of Facebook, Microsoft, Twitter, Amazon, Google, and Nvidia) shows the FANG Index, and technology sector, are trading just above critical support near 945. The congestion area on this chart between July and August just below this 945 level highlights the key resistance/support level that we are currently watching as price support.
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Saturday, September 12, 2020
The Tech Stocks Quantum AI EXPLOSION is Coming! / Companies / AI
By: Nadeem_Walayat
And it will be an EXPLOSION. Not a new exponential trend but an EXPLOSION! If you understand how quantum computers work then you should be able to make the leap to understand why there will likely be a Quantum AI explosion and it will likely be SILENT! After all a super human intelligence will be intelligent enough to know not to brag about it's existence, so likely the more intelligent computers become the less we are likely to hear about them in the mainstream press until they go completely SILENT.
This is the fourth video in my Quantum AI series that concludes in a 15 year trend forecast for the AI stocks sector. However the whole of this analysis has already first been made available to patrons who support my work.
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Saturday, September 12, 2020
AMD Zen 3 Ryzen 4000 Questions Answered on Cores, Prices, Benchmarks and Threadripper Launch / Personal_Finance / Computing
By: HGR
We finally have a launch date for Zen 3 ! October the 8th 2020 when all will be revealed. The first question that will be answered is will Zen 3 by 4000 or 5000 series CPU's the reason being AMD has already released their 4000 series APU's which are based on Zen 2 and not Zen 3 i.e. last Gen so likely to sow confusion in the minds of prospective many buyers assuming that a 4700x and 4700G are of the same generation when they are not. Though it is likely AMD will keep the confusing naming scheme and thus Zen 3 will be 4000 series processors. Whilst the RDNA2 cards are going to launched 3 weeks later on the 28th of October, that I am sure will come close to the Nvidia's 3080 in terms of price vs performance.
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Friday, September 11, 2020
The Inflation Mega-trend is Going Hyper! / Economics / Inflation
By: Nadeem_Walayat
QE4EVER!
Virtually everything that cannot be easily printed is rocketing higher which includes GOLD! It's not hard to see why as a consequence of rampant money printing by governments across the world in the wake of the Coronavirus Pandemic economic depression. For instance the UK alone looks set to print about £550 billion this year most of which will be monetized by the Bank of England so that the government can pay the wages of about 1/3rd of Britains workforce for a good 6 months with likely many more economic stimulus measures to follow over the next 6 months towards fighting the Pandemics dire economic consequences.
Whilst the United States has printed $2.2 trillion of stimulus dollars to date with at least another $1.3 trillion to come, that's $3.5 trillion which dwarfs the 2008 financial crisis bailout of $720 billion. Funneling stimulus checks on an epic scale into the back pockets of every working age citizen. Printing money has REAL consequences which is REAL inflation hence what we have been witnessing in markets across the spectrum, and whist I have yet to take a peak at the housing markets, I would not be surprised if the UK housing market at least will start to experience a money printing inflationary boom over the coming year, this despite the fact that people have less disposable income to buy housing, but more on that in a future article.
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Friday, September 11, 2020
Gold / Silver Ratio: Slowly I Toined… / Commodities / Gold & Silver 2020
By: Gary_Tanashian
Toined the macro, that is (in Moe’s Brooklyn accent). Step by step…
A rising Gold/Silver ratio preceded the March disaster, made an ill-fated bounce pattern in May-June and then got hammered by the 24/7 liquidity spigots opened up by a desperate Federal Reserve and Trump admin. They are desperate because the inflation MUST take hold in order to keep the system from unwinding to its fundamentals, which of course are nothing but robo-printed (funny) munny (political commentary withheld from this post, but insert what we all know here if you’d like…).
[edit] And while we’re at it, let’s insert here the republic for which it stands…
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Friday, September 11, 2020
Stock Market Correction or Reversal? The Jury Isn't Out! / Stock-Markets / Stock Markets 2020
By: Paul_Rejczak
The bears retook initiative yesterday, twisting the hands of weak longs. Where is the usual buy the dip mentality, and all the complacency that is part and parcel of bull markets? It's not just stocks that are at autumn crossroads, and attract extensive comments and discussions (thank you all the commenters!).
If you didn't know, I'm active and present throughout the day at investing.com (just enter my name into the search box there, and it'll offer me as the author – select an article, and check out what you're missing) , one of the sites where free versions of Stock Trading Alerts are featured daily. I'm there, interacting with my audience (just as with my subscribers whenever they send me a comment or question via Sunshine Profits – thanks for that!) – I am discussing this topic today given the key juncture stocks are at.
These comments are so important that they can't go into the From the Readers' Mailbag section. Instead, I'm featuring them (marked as C) before the technical part of today's analysis.
Here are a few quotes in response to yesterday's "Correction Or Reversal? Cast Your Votes" article.
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Friday, September 11, 2020
Crude Oil – The Bearish Outlook Remains / Commodities / Crude Oil
By: Nadia_Simmons
Crude oil declined quite substantially this week, and it doesn’t look that the decline will be over just yet.
After a given market clearly moves in a certain direction, corrective moves are bound to happen. After all, no market can move in a straight line up or down. But still, this assumption might be misleading in case of the current situation in black gold. Obviously, it is taking a breather right now after declining several dollars. But, that doesn’t mean that any sizeable rebound is going to happen.
As a matter of fact, based on how crude oil behaved before the decline, we believe that it’s going to slide even further.
In today’s globalized and interconnected economy, no market moves completely independently from the rest of the world. Crude oil, as the most versatile commodity in the market, is definitely not an exception.
Friday, September 11, 2020
Crude Oil Breaks Lower – Sparking Fears Of Another Sub $30 Price Collapse / Commodities / Crude Oil
By: Chris_Vermeulen
RESEARCH HIGHLIGHTS:
- Breakdown in Crude Oil sparks talk of sub $30 price targets.
- Initial support likely near $32 to $33.
- Predictive Modeling suggests deeper price lows may be reached before November 2020.
Have you been paying attention to Crude Oil recently? Prices have collapsed over -15% from the recent highs near $43.78. You may remember a research article I posted originally in July 2019 suggesting a big breakdown in Crude Oil was going to take place in early 2020 and extreme volatility was likely between February 2020 and April 2020. Our researchers predicted the following within that research article:
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Friday, September 11, 2020
China Unloads Dollars as Gold Tests Support / Commodities / Gold & Silver 2020
By: MoneyMetals
Since posting new record highs in early August, the gold market has consolidated above $1,900/oz support.
A close below the $1,900 level would carry bearish implications for the near term.
Alternatively, a move back above $2,000/oz would likely be followed through to the upside with a rally to fresh highs. Silver, in turn, could be expected to run to new multi-year highs above $30/oz.
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Thursday, September 10, 2020
Inflation by Fiat / Economics / Inflation
By: Michael_Pento
The Fed has now officially changed its inflation target from 2%, to one that averages above 2% in order to compensate for the years where inflation was below its target. First off, the Fed has a horrific track record with meeting its first and primary mandate of stable prices. Then, in the wake of the Great Recession, it redefined stable prices as 2% inflation—even though that means the dollar’s purchasing power gets cut in half in 36 years. Now, following his latest Jackson Hole speech, Chair Powell has adopted a new definition of stable prices; one where its new mandate will be to bring inflation above 2% with the same degree and duration in which it has fallen short of its 2% target.Just to be clear, the Fed has no idea what causes inflation. It also deliberately goes way out of its way to under measure it. Is it any wonder then that the Fed's historical record proves it has little ability to meet its own inflation target? As I explained in a commentary written a couple of month ago, the Fed has a tremendous amount of difficulty controlling inflation in either direction. In 7 out of the last 12 years, the Fed has been unable to achieve average annualized CPI of at least 2%. Therefore, 58% of the time the Fed has failed to reach its minimum inflation goal. Conversely, inflation spiked to double digits by 1975 and, after a brief pause in ’76-’77, eventually soared to 14.6% by early 1980. During this process, our central bank found it necessary to raise rates from 3.75% in February 1971, all the way to 20% by the middle of 1980. That doesn’t sound like inflation is easily managed does it? But the Fed is fond of trying to convince investors that is the case.
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Thursday, September 10, 2020
Unemployment Rate Drops. Will It Drag Gold Down? / Economics / Employment
By: Arkadiusz_Sieron
The U.S. labor market improved in August, although headlines paint too rosy a picture. What does it all mean for the gold market?Great news for the U.S. labor market: according to the BLS, the American economy regained 1.4 million jobs, while the unemployment rate fell below 10 percent for the first time in the pandemic era! To be more precise, the unemployment rate declined from 10.2 percent in July to 8.4 percent in August, as the chart below shows.
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Thursday, September 10, 2020
How Does The Global Economy Recover After This Global Pandemic? / Politics / Pandemic
By: Submissions
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Thursday, September 10, 2020
The Best Mobile Casino / Personal_Finance / Gambling
By: Submissions
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Wednesday, September 09, 2020
QE4EVER! / Interest-Rates / Quantitative Easing
By: Nadeem_Walayat
Virtually everything that cannot be easily printed is rocketing higher which includes GOLD! It's not hard to see why as a consequence of rampant money printing by governments across the world in the wake of the Coronavirus Pandemic economic depression. For instance the UK alone looks set to print about £550 billion this year most of which will be monetized by the Bank of England so that the government can pay the wages of about 1/3rd of Britains workforce for a good 6 months with likely many more economic stimulus measures to follow over the next 6 months towards fighting the Pandemics dire economic consequences.
Whilst the United States has printed $2.2 trillion of stimulus dollars to date with at least another $1.3 trillion to come, that's $3.5 trillion which dwarfs the 2008 financial crisis bailout of $720 billion. Funneling stimulus checks on an epic scale into the back pockets of every working age citizen. Printing money has REAL consequences which is REAL inflation hence what we have been witnessing in markets across the spectrum, and whist I have yet to take a peak at the housing markets, I would not be surprised if the UK housing market at least will start to experience a money printing inflationary boom over the coming year, this despite the fact that people have less disposable income to buy housing, but more on that in a future article.
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Wednesday, September 09, 2020
AMD Ryzen Zen 3 4800x 10 Core 5ghz CPU, Cinebench Benchmark Scores (Est.) / Personal_Finance / Computing
By: HGR
Latest Zen 3 speculation is that apart from the expected 16 core and 12 core top end processors there could also be a new 10 core 20 thread processor. Which makes sense given that processors that fail Quality control at 12 cores can have 2 of their worst cores disabled and then sold as 10 cores instead of having 4 cores disabled and being sold as 8 core 3800x processors, in fact the 10 core would be the new 4800x processor given that there is already a 8 core 3700x / 4700x. Also it would complete well against Intel's 10 core 10900k, so the 4800x should be a 5 ghz 10 core cpu that would go well with Nvidia's new RTX 3080.
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Wednesday, September 09, 2020
Stock Traders’ Dreams Come True – Big Technical Price Swings Pending on SP500 / Stock-Markets / Stock Markets 2020
By: Chris_Vermeulen
RESEARCH HIGHLIGHTS:
- A potentially critical price inflection point and technical pattern setup that has nearly completed and validated over the past few days, weeks, and months.
- Potential flag/pennant formation on our Custom Valuations Index Weekly Chart shows a possible 11% to 16% (or more) downside price correction in SPY.
- Fibonacci Price Modeling system’s projects SPY downside target level near $284.50 before a bounce.
Over the past few weeks and months, my team and I have published a series of research articles suggesting the continued market melt-up was driven by speculation and the US Fed’s policies and support for the markets. We’ve also highlighted a number of technical patterns that have setup within various symbols that have generated strong warnings of a potential price reversal over the past few weeks. The biggest pattern has been the Head-and-Shoulders price patterns. The sudden downside price move in the NASDAQ, and other markets, last week caught many traders/investors off-guard. One day after a very strong rally in the US stock markets, the price reversed and sold-off nearly 6% – a shocking reversal of trend.
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Wednesday, September 09, 2020
Should You Be Concerned About The Stock Market Big Downside Rotation? / Stock-Markets / Stock Markets 2020
By: Chris_Vermeulen
RESEARCH HIGHLIGHTS:
- Don’t panic. Technical Analysis does not confirm a deeper price correction at this time, nor does this appear to be the Bull-Trap we have been warning about… yet.
- We are waiting until next week to see if price confirms any new trend.
- Volatility should decrease if this is just a moderate price rotation.
Is this the “Bull-Trap” setup we have been warning about for some time now? Should traders be concerned about deeper downside price trends or a collapse in the markets?
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