Thursday, July 30, 2020
Economic and Geopolitical Worries Fuel Gold’s Rally / Commodities / Gold & Silver 2020
By: Arkadiusz_Sieron
Gold has jumped above $1,850 amid expectations of new stimulus, worries about the pace of economic recovery, and concerns about rising tensions between the U.S. and China.Houston, we have a problem! Please take a look at the chart below that presents the U.S. initial jobless claims. What do you see?
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Thursday, July 30, 2020
How to Finance an Investment Property / Housing-Market / Buy to Let
By: Sumeet_Manhas
If you have decided to invest in real estate, then you'll likely need to finance your new investment property.
Even if you have financed a personal property before, like your home, you'll discover that funding of an investment property is a bit different. Discussing your plans with a free online mortgage broker can help you better make sense of this process.
Finding the right financing option for you and your property doesn't have to be as overwhelming as it may first appear. There are a lot of things you can do to make the process easier on yourself. If you want to learn more about how to finance an investment property, continue reading.
Wednesday, July 29, 2020
I Hate Banks - Including Goldman Sachs / Companies / Banking Stocks
By: Avi_Gilburt
For many years, I have noted to the members of Elliottwavetrader that I have not been a fan of banks. In fact, they are on my list of stocks that I intend on shorting once we move towards the 2023 time frame.
But, while many are focused upon the upside potential in various banks in the coming 2-3 years, I have been quite concerned about the goals of many of these banks, based upon some of the moves they have made over the past few years.
As an example, a few years ago, Goldman Sachs (NYSE:GS) opened its door to public accounts. This was a major shift in Goldman’s business practices, which had many scratching their head. But, I was not scratching my head, as it made perfect sense to me. In fact, I even wrote about Goldman’s “unexpected” move, and why they likely moved down this path.
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Wednesday, July 29, 2020
NASDAQ Stock Market Double Top & Price Channels Suggest Pending Price Correction / Stock-Markets / Tech Stocks
By: Chris_Vermeulen
Our research team continues to attempt to navigate the difficult market dynamics ahead as traders’ concerns related to continued global economic functions persist. We believe the US stock market has rallied well beyond sustainable levels and the recent move in the US Dollar and Precious Metals has issued a clear warning that global traders are not buying into the current valuation levels of the major indexes. The NASDAQ (NQ) has rallied to new all-time highs at a time when a majority of the US Stock Market is contracting and concerns about future earnings/revenues continue to shock investors. It is almost as if a large group of traders piled into the “Fed Recovery” message and ignored the fact that the COVID-19 virus event is vastly different than any other price correction we’ve experienced over the past 40+ years.
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Wednesday, July 29, 2020
Silver Price Surge Leaves Naysayers in the Dust / Commodities / Gold & Silver 2020
By: MoneyMetals
With silver breaking out decisively to the upside, bears are running for cover.
We had noted in our July 13th News Alert, “We are paying especially close attention to the bull vs. bear tug-of-war in the silver market around $19/oz. If the bulls yank prices decisively above that level on a strong close, short covering by capitulating bears could help drive a powerful breakout rally.”
That’s exactly what happened. The rally really accelerated once the $20/level was taken out last Monday. The bears have capitulated big time!
Also being forced to re-think their positions are gold-only bulls within the precious metals camp. Although they represent a minority viewpoint, some stubbornly cling to the view that only gold is sound money. They view silver as an industrial metal and tend to shun it as an investment.
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Wednesday, July 29, 2020
UK Supermarket Covid-19 Shop - Few Masks, Lack of Social Distancing (Tesco) / Politics / Shopping
By: N_Walayat
Anika's first supermarket shop in 4 months due to Covid-19. We're all masked up but most shoppers have still not got the message! And in Another sign that the UK is fast relaxing it's covid-19 infection spread mitigation measures is supermarkets such as Tesco scrapping their one way shop arrow systems. Whilst it remains to be seen if the country is sleep walking towards another second more deadly pandemic peak in a few months time. Nevertheless Tesco and other supermarkets cannot be blamed for taking such actions because most shoppers had already abandoned following the rules many weeks ago, especially following revelations that government ministers and advisors themselves had failed to follow social distancing rules such as Dominick Cummings all without any consequences.
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Wednesday, July 29, 2020
Budgie Clipped Wings, How Long Before it Can Fly Again? / Personal_Finance / Animals & Pets
By: N_Walayat
So you have just clipped your new budgies wings or are contemplating clipping it's wings. However, your wondering how long will it take for the budgie to grow new flight feathers and start flying again is answered in our latest budgie / parakeet care video where we have 2 budgies. the Green budgie has a total of 20 flight feathers clipped whilst the Blue budgie has 12 clipped. So lets find out how long it takes to grow the flight feather back and more importantly how long before they are able to fly again.
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Wednesday, July 29, 2020
How To Take Advantage Of Tesla's 400% Stock Surge / Companies / Tech Stocks
By: OilPrice_Com
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Tuesday, July 28, 2020
Gold Makes Record High and Targets $6,000 in New Bull Cycle / Commodities / Gold & Silver 2020
By: Jason_Hamlin
The gold price made a new all-time nominal high today at $1,945 per ounce. This move should not come as a surprise to anyone paying attention to the current financial landscape. The FED has injected an unprecedented amount of new money/debt into the economy since March in efforts to avoid a collapse from the impact of the Covid-19 virus and subsequent restrictions of business activity globally. Over $6 trillion in stimulus so far is roughly double the entire amount injected during the financial crisis of 2008/09. And they are just getting started.
The Federal Reserve has stated that stimulus efforts will last for years and they have committed to do “whatever it takes” to keep the economy afloat. The Federal Reserve balance sheet has shot from $4 trillion pre-crisis to $7 trillion today. This is the highest level on record by a wide margin and the fastest it has ever increased. And this is before the 2nd round of stimulus, which is currently being negotiated. While there are plenty of dollar bulls amidst a global dollar shortage, they have been incorrect in their bullish outlook thus far. The dollar index has dropped from a high of 103 on March 20th to just 94, a significant drop in just a few months to the lowest level since September of 2018.
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Tuesday, July 28, 2020
Gold Strong Signal For A Secular Bull Market / Commodities / Gold & Silver 2020
By: Dan_Amerman
As shown in the graph below, the first half of 2020 produced an unusual change in the relationship between gold prices, stock prices and recessions, something that has only happened twice before in the last fifty years. Each of the two previous times this has occurred after a long run up in stock prices, it has been part of a cyclical change to a cycle favoring gold over stocks for a decade or more thereafter.
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Tuesday, July 28, 2020
Anatomy of a Gold and Silver Precious Metals Bull Market / Commodities / Gold & Silver 2020
By: Rambus_Chartology
During the bull market years between 2000 and 2011 the US dollar and currencies played a key role in the PM complex bull market. Tonight I would like to go back and visit some of these old charts and see how they pertain to our current bull market.
Lets start with a simple GOLD:USD ratio chart that goes back to the 2011 all time high in gold. The bottom for the ratio came in toward the end of 2015 and has been slowly rising in what we can now call a bullish rising 5 point rising wedge reversal pattern. The 2011 bear market in the ratio ended in June of 2019 when the top rail was broken to the upside. Less than a year later the price action took out the top rail of the blue bullish rising wedge reversal pattern and is starting to impulse higher. This is a very bullish development.
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Tuesday, July 28, 2020
Shopify Is Seizing an $80 Billion Pot of Gold / Stock-Markets / Investing 2020
By: Stephen_McBride
I’m about to show you the most important table in all of investing. Please look at it closely.
Below, you’ll find the world’s 10 largest publicly traded companies in 2000, 2010, and 2020.
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Tuesday, July 28, 2020
Stock Market Minor Correction Underway / Stock-Markets / Stock Markets 2020
By: Andre_Gratian
Current Position of the Market
SPX Long-term trend: For now, the best guesstimate is that we are still in the bull market which started in 2009.
SPX Intermediate trend: We should be approaching an important high, with confirmation coming over the near term.
Analysis of the short-term trend is done daily with the help of hourly charts. It is an important adjunct to the analysis of daily and weekly charts which discuss longer market trends.
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Monday, July 27, 2020
Why College Is Never Coming Back / Politics / Education
By: Stephen_McBride
Here’s some great news: one of America’s most broken industries is finally being exposed as a sham. And make no mistake, the end of college as we know it is a great thing.
It’s great for families, who’ll save money and take on less debt putting kids through school. It’s great for kids, who’ll no longer be lured into the socialist indoctrination centers that many American campuses have become. And as I’ll show you, it’s great for investors, who stand to make a killing on the companies that’ll disrupt college for good.
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Monday, July 27, 2020
US Dollar Cycle Review / Currencies / US Dollar
By: readtheticker
If investors can correctly forecast the US Dollar then their portfolio will be standing on better ground.
Jesse Livermore said investors must familiarise themselves with all matters of the market. The sine wave cycle below shows regular tops and bottoms and if the investor ignores this repeating phenomena it could be at their peril. If you decide to do so, you best have a good technical or fundamental reason.
The sine wave cycle below was found with readtheticker.com 'Cycle Finder Spectrum' use of 'Bartels' logic. Yes it is mathematics, but within the site RTT Plus service we also examine the dollar fundamentals (like: inflation, money supply, banking risk, interest rates, market risk) and subject to another market like COVID19 smash the fundamentals suggest a slump in the US dollar in the immediate short term future.
Monday, July 27, 2020
Stocks Disconnect from Economy, Gold Responds / Stock-Markets / Stock Markets 2020
By: The_Gold_Report
Given the current uncertainties and recent market moves, money manager Adrian Day offers some thoughts on the macroeconomic environment.
Global stock markets zooming ahead amid historic unemployment and economic contraction is surreal. Half of the U.S. has been locked down, with economies virtually shut, a second virus wave appears underway and yet the stock market is almost back to February's all-time highs.
And this is not only in the U.S.; stock markets have rallied strongly around the world. We know that central bank money creation is the primary cause, but this dichotomy cannot continue indefinitely, at least without a meaningful correction. Meanwhile, gold—for sounder reasons than stocks—has outperformed and, notwithstanding anticipated volatility, will, we think, continue to do so.
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Monday, July 27, 2020
Silver Begins Big Upside Rally Attempt / Commodities / Gold & Silver 2020
By: Chris_Vermeulen
The move we saw in Silver early this week to new 6-year high price levels, above $22.60, is quite likely the biggest upside move in Silver since the bottom in March 2020 – after the US stock market collapsed because of the COVID-19 virus event. This new rally in Silver is likely the move we’ve been suggesting to our followers relating to a series of measured upside price moves totaling approximately $5.30 in each advance.
We wrote about these measured price moves in Gold and Silver in this article – Click Here
As traders, watching bonds accelerate moderately higher as the US Dollar falls and the stock market attempts new lofty levels, we are intrigued by the move in metals because it suggests a large segment of investors believe a bubble is nearing very peak valuation levels. The only reason metals, particularly Silver, would be accelerating as it has recently is that traders have suddenly adopted a stronger demand for second-stage hedging of risk.
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Monday, July 27, 2020
The Gold and Silver Markets Have Changed… What About You? / Commodities / Gold & Silver 2020
By: MoneyMetals
We tend to spend a lot of time looking into the rearview mirror, especially when under duress.
Connected to this is something psychologists call "recency bias." This simply means that what has happened in the near to intermediate past tends to inform and influence us as to how we should behave in the future.
The 2011 to early 2019 precious metals bear saga was broken only by a six-month bull hiatus in early 2016 – which then gave most of the rise back over the next two years!
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Monday, July 27, 2020
Google, Apple And Amazon Are Leading A $30 Trillion Assault On Wall Street / Companies / Tech Stocks
By: OilPrice_Com
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Sunday, July 26, 2020
This Stock Market Indicator Reaches "Lowest Level in Nearly 20 Years" / Stock-Markets / Stock Markets 2020
By: EWI
Here's what happened "the last time the 10-day put/call ratio made a lower extreme"
After a big trend reversal, it's not unusual for the correction to retrace much of the initial sell-off or rally.
Thus, many investors are fooled into believing that the old trend has resumed.
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