Tuesday, October 13, 2020
Who Will Win the Race to Open a Casino in Japan? / Personal_Finance / Gambling
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Monday, October 12, 2020
Fear Grips Stock Market Short-Sellers -- What to Make of It / Stock-Markets / Stock Markets 2020
"This is easily the lowest wager against rising S&P rises" in the history of the data
As you may know, short-selling a stock means that a speculator is betting that the price will go down.
This is a lot riskier than taking a "long" position in a stock -- or, betting that the price will go up.
The reason why is that the most a speculator can lose by going long is 100% of his investment -- say, if a company goes out of business. However, the losses a short-seller can suffer is potentially unlimited, in other words, short-sellers can lose way more than their initial investment.
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Monday, October 12, 2020
For Some Remote Workers, It Pays to Stay Home… If Home Stays Local / Personal_Finance / Employment
By Dawn Pennington : None of us are medically invincible. We saw that last week when the president and first lady announced they had tested positive for COVID-19.
Remote work has helped to save many jobs and lives. And as coronavirus infection and death rates continue to tick higher, many people are settling into the idea of teleworking for the longer haul.
For some, that means social-distancing from expensive cities and seeking more space in the suburbs or across state lines.
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Monday, October 12, 2020
A Big Move In Silver: Watch The Currency Markets / Commodities / Gold & Silver 2020
The USD/ZAR chart has been a good predictor for silver rallies. Similar to the US Dollar index, but a bit more accurate or precise. Very important silver bottoms tend to coincide with tops of the USD/ZAR chart.
Below, is a chart of silver as compared with the USD/ZAR chart, to demonstrates this fact:
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Sunday, October 11, 2020
Precious Metals and Commodities Comprehensive / Commodities / Gold & Silver 2020
For the last 2 days our internet has been down which really makes you appreciate this miracle invention. We’ve had intermittent problems through the years that no one has been able to figure out until today. The phone company finally came to the conclusion that there was a tiny defect in their phone line that would only show up from time to time which made the problem so hard to track down. Today they replaced 1/4 of a mile of telephone line which seems to be working. We’ll know in a few days if this fix is going to work which I can already tell is working.
I would like to start out by looking at the long term weekly combo chart for the PM complex we’ve been following since its inception. I’m out of annotations so you’ll have to use your own imagination where the areas that need a trendline or a breakout symbol occurs.
I just wanted to point out that these are massive 4 year reversal patterns that suggests years of bull market price action. A whole lot of energy has now been stored up in these 4 year trading ranges. Big bull markets don’t start from small reversal patterns but the bigger the bottom the bigger the bull market.
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Sunday, October 11, 2020
The Election Does Not Matter, Stick With Stock Winners Like Clean Energy / Companies / Renewable Energy
If I put the pandemic aside and ignore the current jobs picture there are many reasons that I am bullish stocks. Housing continues to remain upbeat with sales near all-time highs and consumer confidence is rising, which means investors’ sentiment will continue to trend higher. What is most important is that stocks that have outperformed in 2020 will likely continue to outperform. So my goal is to focus on the winners and avoid the laggers.
The Election Does Not Matter
It seems clear that investors don’t seem to care who wins the election. Biden is up in the polls, and even though he has repeatedly said that he will raise taxes, the market does not seem to care. If Biden wins he will sign a huge stimulus bill and likely go for an enormous infrastructure spending bill that will propel stocks even higher. If President Trump is reelected, I also expect a stimulus bill with an eventual tax cut. While at Walter Reed Hospital, President Trump tweeted that if he wins he will push for the biggest tax cut in history. The bottom line is that regardless of who wins the presidency, stock prices are likely to continue to trend higher and ignore the weakening economic climate.
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Sunday, October 11, 2020
Gold Stocks Are Cheap, But Not for Long / Commodities / Gold and Silver Stocks 2020
Peter Krauth explains why he believes gold stocks are "churning out some serious profits that are likely to just keep getting better."
It's not too late for you to buy gold and gold stocks on the cheap.
If you haven't already, you may want to seriously consider it.
That move might set you up for a run over the next few years that could turn into your single best investment…ever.
You see, gold stocks are churning out some serious profits that are likely to just keep getting better.
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Saturday, October 10, 2020
Gold Miners Ready to Fall Further / Commodities / Gold and Silver Stocks 2020
It didn’t take long for the mining stocks to turn south once again. No wonder, given that their breakdown was more than verified.
Additionally, they also got bearish support from gold, the stock market, and the USD Index, which also confirmed their decisive move. For more details, let’s take a closer look at the chart below.
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Saturday, October 10, 2020
What Happens When the Stumble-Through Economy Stalls / Economics / Coronavirus Depression
Our economic prospects looked bleak back in March and April. Much of the economy was closed down, we didn’t know how bad the virus would get, and it was hard to see a good outcome.
Now the outlook is relatively better. Unemployment, GDP, and other indicators aren’t great but they’ve improved. Yet a “better” outlook isn’t necessarily a good one. It’s just “not as bad.”
Today’s numbers would be considered terrible if we weren’t comparing them to truly disastrous numbers from last spring. We avoided the worst because fiscal income replacement and business lifelines maintained consumer spending, and in some cases increased it.
If you fly a lot as I do (or used to), you’ve heard the term “stall speed.” An airplane needs to go a certain speed in order to stay aloft.
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Saturday, October 10, 2020
This Is What The Stock Market Is Saying About Trump’s Re-Election / ElectionOracle / US Presidential Election 2020
While reading of the title of this article may cause you to make certain assumptions about what you are about to read, I can assure you that this is not a politically motivated article. In fact, politics has absolutely nothing to do with the analysis and conclusions presented herein.
I want to start with the assumption that we have spoken about so often, and that it is social mood which directs our actions in life, including our willingness to buy stocks. As Robert Prechter noted in a study he published in 2012 on this topic, “[s]ocionomic theory proposes that unconscious social mood regulates social actions.”
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Saturday, October 10, 2020
Here Is Everything You Must Know About Insolvency / Companies / SME
When a company commences business in the market, it has set objectives, functions, and roles. No corporation ever dreams of going into liquidation of becoming insolvent. The framework of law provides specific guidelines, rules, and regulations to assist the procedure of insolvency. Usually, insolvency takes place when the company is going in loss; it is not able to manage its finances and is thriving to survive in the market. Insolvency of a company has a lot to do with the law rather than the dynamics of the market. The internal functionality of corporations has to be transparent with the authorities to not land up in any form of legal action. Let us now understand the meaning and procedure of insolvency and legal accompaniments along with it.
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Saturday, October 10, 2020
Sheffield Coronavirus Warning - UK Heading for Higher Covid-19 Infections than April Peak! / Local / Pandemic
Where does Sheffield stand in the face of the Coronavirus Pandemic 2nd wave ?
Sheffield at 523 cases per 100,000 population over the past 7 days is the highest in South Yorkshire which compares against 900-1000 into the April first peak, Sheffield and much of the rest of South yorkshire is heading for near total lock downs with only really schools remaining open to prevent total economic paralysis. Pubs. and clubs will definably soon close with restraints greatly restricted to the extent of their operations to delivery's and takeaways.
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Friday, October 09, 2020
Q2 Was Disastrous. But What’s Next for the US Economy – and Gold? / Economics / Coronavirus Depression
The real US GDP plunged with a 31.4 percent annual rate in Q2 of 2020. In that regard, what’s next for the American economy and the gold market?We all know that the second quarter was disastrous for the US economy. And now, it’s official. Last week, the Bureau of Economic Analysis published the third real GDP estimate in the Q2. According to the report, the real GDP decreased at an annual rate of 31.4 percent (slightly better than the second estimate of 31.7-percent plunge), or 9 percent more from the previous quarter and the second quarter of 2019, as the chart below shows. In other words, the US economy has suffered the sharpest contraction since the government started keeping records in 1947.
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Friday, October 09, 2020
Q4 Market Forecast: How to Invest in a World Awash in Debt / Stock-Markets / Financial Markets 2020
In a world buffeted by political and social "noise," sector expert Michael Ballanger outlines his strategy for maximizing the worth of his portfolio. Before I wade into my Q4 strategy analysis, I have to tell you that prior to last Tuesday's "debate," I was leaning toward a "neutral" investment strategy largely based upon the 2016 outcome where heavily favored Hillary Clinton was upset by the Trump Train at the last hour, and in direct opposition to what every poll was predicting. I have a theory about the 2016 election and just exactly why the pollsters got it so completely wrong. I will explain.
I majored in marketing and finance from 1976's ninth-ranked undergraduate business school in the United States, Saint Louis University, a Jesuit institution of immense reputation and stature. In the marketing courses, they taught us that surveys are only relevant when they have a representative sample size. If you are asking a group of Canadians their opinion of Budweiser beer, you will get a skewed result. If you ask a group of Japanese whether they like "fish and chips," you will get a skewed result. If, in October 2016, you could not find a group of Americans living in the Ozarks or the Louisiana bayou or the Montana wilderness, you would never have obtained a representative sample of the pulse of the 2016 election. And that was where the pollsters went wonky. They chose to speak to metrosexual millennials with the colored glasses and Starbucks lattes rather than the guy in the F150 with the Confederate flag draped in the back window and two shotguns in the rack.
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Friday, October 09, 2020
A complete paradigm shift will make gold the generational trade / Commodities / Gold & Silver 2020
‘A complete paradigm shift will make gold the generational trade’
As we turn the calendar to October, often a daunting month for financial markets, the same toxic mix that has bedeviled the global economy for most of 2020 remains in full force – the pandemic, the crippled economy, the money printing, and the disheveled politics. For its part, gold held up under the pressure of a September consolidation that threatened at one point to become a full correction, but the selling dissipated, cautious buying re-entered the market and the price went back over the $1900 mark. October always brings a sense of foreboding given its history, and we can only hope that the rest of the month will go significantly better than the start. Gold tends to move to the forefront when things go bump in the night, but then again, gold has been in the forefront for most of 2020 – prompting some analysts to proclaim the launch of a new leg in its long-term secular bull market.
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Friday, October 09, 2020
Why You Should Look for Stocks Climbing Out of a “Big Base” / Companies / Tech Stocks
By Justin Spittler : Today I’m going to show you a trading tactic so simple, yet so reliable, it’ll allow you to predict when certain stocks will skyrocket days or even weeks in advance.
Master this tactic and it’ll feel like you’ve got a “cheat code” to the markets. Let me show you exactly how it works. In short, you want to identify stocks that are climbing out of a “base.”
A stock forms a base when it trades within a narrow price range for a period of time. In other words, the stock isn’t crashing, and it’s not zooming higher (yet).
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Friday, October 09, 2020
UK Coronavirus Pandemic Wave 2 - Daily Covid-19 Positive Test Cases Forecast / Politics / Pandemic
Britains incompetent government has once more lost control of the Chinese Coronavirus pandemic that is now at the very beginnings of a second wave that looks set to be about half as severe as that of March and Aprils first wave
The number of people testing positive has started to soar doubling from 3,000 a week ago to the latest released data of 6,178. Furthermore the ONS estimates that there are approximately 110,000 people across the UK that are infected right now which would imply that the actual number of infected per 100,000 is 168, as against the official figure of of just 40, so four times the official number are actually infected.
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Friday, October 09, 2020
Ryzen ZEN 3: The Final Nail in Intel's Coffin! Cinebench Scores 5300x, 5600x, 5800x, 5900x 5950x / Personal_Finance / Computing
Here's why now is one of the best times to consider upgrading your old PC to a new system based on the just launched AMD Zen 3 5000 series processors.
The Zen 3 launch has surprised all to the upside and is thus set to have an even more devastating impact on Intel's market share as AMD decidedly takes the gaming crown away from Intel's flag ship 10900k processor.
Even worse for Intel is that it looks like ALL of Zen 3 CPU skews will BEAT Intel's 10900k in single core bench marking and thus most games if the cinebench scores for the two processors launched pan out i.e. the 5900x and the 5950.
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Thursday, October 08, 2020
How Soon Will We See Stock Market SPX 4000? / Stock-Markets / Stock Markets 2020
For those of you that follow me closely, you would know that I announced my desire for the market to strike the 2200SPX region back in late 2017. That was my ideal target to be struck before the market began a rally which I expected would exceed the 4000SPX region. I again reiterated this potential in early January of 2020:
“if the market is unable to maintain that support (3100SPX) within this pullback, it will again raise the probabilities of seeing the 2200SPX region before we see the 4000 region.
For now, the market has drawn its lines in the sand, and is providing us rather clear guideposts for 2020. As I said last year, the action in the first quarter of 2020 will set the tone for the rest of the year.” (January 26, 2020)
Thursday, October 08, 2020
Stock Market Spy ETF Testing March Price Peak – What Do the Charts Say? / Stock-Markets / Stock Markets 2020
RESEARCH HIGHLIGHTS:
- The SPY has been trading below its previous peak resistance level from March for more than two weeks and has begun to retest this level.
- If the SPY can clear this level on moderately strong volume, we believe the US stock market may enter another “melt-up” phase.
- If not, then we may see more of a sideways/melt-down phase headed into the US Presidential Elections.
The SPY, SPDR S&P 500 ETF, has been trading below the $339.50, previous peak resistance level, for more than two weeks recently and has begun to retest this level. I believe these levels are critical in determining the future trending capacity of the SPY and the US stock market. If the SPY can clear this level on moderately strong volume, we believe the US stock market may enter another “melt-up” phase. If not, then we may see more of a sideways/melt-down phase headed into the US Presidential Elections.
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