Saturday, May 21, 2022
Why APPLE Could CRASH the Stock Market! / Stock-Markets / Stock Market 2022
By: Nadeem_Walayat
Dear Reader
The earnings bloodbath materialised, that started on Tuesday with Google trading down to $2265, and ended on Friday with Amazon plunging down to a new low of $2425. With the two 'cheap' stocks Qualcom and Facebook rallying strongly post earnings. Virtually everything went according to the script of my last article i.e. "we could see Amazon trade to well under $2500, probably into the $2450 to $2300 support zone". The only odd one out was Apple that refused to budge much from $160, where my expectations remain is headed to below $142.
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Saturday, May 21, 2022
Why Is Crude Oil Ignoring US Inventories? / Commodities / Crude Oil
By: Submissions
While the current pull-back on black gold is fundamentally triggered by different forces, where is the prevailing wind coming from that is pushing prices lower?
On Wednesday, the day after the US Fed’s Chair Powell showed a more hawkish tone, crude oil prices dropped 2.5% following profit-takings on most commodity markets - new fears emerged that a world economic slowdown combined with rising interest rates could negatively impact the global demand. By the way, talking about profit-takings, our subscribers took theirs on Monday within the last phases of the strong rally in crude oil that hit our last projected targets.
Saturday, May 21, 2022
Here is Why I’m Still Bullish on Gold Mining Stocks / Commodities / Gold and Silver Stocks 2022
By: P_Radomski_CFA
The medium-term outlook for the precious metals remains bearish, but does this mean we can’t profit on shorter-term moves? Quite the opposite!
Precious metals declined yesterday, and so did the general stock market. Is the rally already over?
When I wrote about this rally on May 12, which took place at the same time when I took profits from the short positions and entered the long ones, I mentioned that I planned to hold these long positions for a week or two. Since that was exactly a week ago, the question is: is the top already in?
In short, it probably isn’t. As always, it’s useful to check what happened in the past in similar situations to verify whether what we see is normal or some kind of an outlier that cannot be explained by something that has already happened.
Let’s start with a quote from yesterday’s analysis:
Of course, there will be some back-and-forth movement on an intraday basis, but it doesn’t change anything. Junior miners are likely to rally this week nonetheless. And perhaps not longer than that, as the next triangle-vertex-based reversal is just around the corner – on Friday/Monday.
Friday, May 20, 2022
THE INFLATION MEGA-TREND QE4EVER! / Economics / Inflation
By: Nadeem_Walayat
A reminder folks that regardless of Fed propaganda and what you read in the mainstream press QE is 4 EVER! Once it starts it will not stop. As I have been iterating for over a decade now as the following excerpt from 3 years ago illustrates (Stock Market Trend Forecast March to September 2019) that CRISIS ARE MONEY PRINTING EVENTS TO CAPITALISE UPON BY INVESTING IN ASSETS THAT ARE LEVERAGED TO INFLATION!
So why has the the stock market soared, what is that the stock market knows that most commentators and economists fail to comprehend? We'll for one thing there are the dovish signals out of the Fed which go beyond a pause in their interest rate hiking cycle in response to a subdued inflation outlook. Similarly the worlds other major central banks have their own reasons to avoid rate hikes, most notable of which is the Bank of England that has been busy propagandising the prospects of a NO Deal Brexit Armageddon in attempts to scare Westminister into avoiding EXITING the European Union in anything other than an ultra soft BrExit.
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Friday, May 20, 2022
US Real Estate Investors – Is There An End In Sight? / Economics / US Housing
By: Chris_Vermeulen
The US stock market contracted sharply over the past 30+ days while traders attempted to identify the risks associated with the US Fed rate increase. Behind the scenes, real estate investors and homeowners are under pressure due to higher costs on nearly everything. Gas, food, everyday items, credit card interest payments – almost everything costs more due to inflation and increasing fuel costs.
I remember in 2007-08 when Oil reached levels above $140ppb and the seemingly high costs of everything just before inflation peaked and the markets turned bearish. Back then, much like today, a period of extreme speculation seemed to permeate buyers and investors throughout the US.
What broke this trend was the Global Financial Crisis. When the economy started to unravel, excessive credit/debt levels suddenly became unmanageable for nearly everyone. What seemed like a reasonable and manageable amount of debt suddenly became excessive as the US Fed raised the Fed Funds rate from 1.0% to 5.5% – a 450% increase.
Recently, we’ve seen the US Federal Reserve raise rates from 0.25% to 1.0%. The Fed may raise rates again soon, trying to tame inflation. I don’t have a crystal ball, but it is not difficult to understand how inflation, higher consumer costs, and increased debt servicing costs are going to panic many real estate investors, especially after many years of ZIRP and low inflation.
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Friday, May 20, 2022
How Technology Affected the Gaming Industry / Companies / Gaming
By: Sumeet_Manhas
Online gaming isn't an exception to the permeation of technology into every facet of life. In the game sector, have you observed a rise in user numbers recently? We can thank technology for this. Online gaming has undergone several transformations throughout the years, the most of them have resulted in advancement. This industry has expanded and progressed in recent years.
Online gaming's popularity has grown as a result of a wide range of technological advancements. In today's world, gaming is a massive phenomenon. Quite a few of our users are now or are planning to be professional gamers. With Spectrum online, you'll find it much easier to play online games. You can see here how technology has affected games. It's for the best.
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Friday, May 20, 2022
How To Set And Achieve Reasonable Goals For Your Company / Companies / SME
By: Steve_Barker
Setting and achieving goals is one of the most important aspects of any business. Without defined goals, it can be difficult to measure progress and know when you’ve reached your targets. This can lead to a lack of focus and direction, which in turn can cause a business to stagnate or even fail. And achieving goals is never easy – it takes careful planning and execution.
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Thursday, May 19, 2022
How Low Could the Amazon (AMZN) Stock Price Fall? / Companies / Amazon
By: Nadeem_Walayat
Amazon $2485 : PE 46.7: EGF -68% : EC 332
Amazon Crashed 10% on BAD earnings as Amazon delivered an EPS of -$7.56 vs $8.73 expected, why were Amazon's earnings so bad? It's because the US is going into significant economic slowdown that increases the odds of a recession being declared this year!. Amazons PE before earnings was 43.7, AFTER earnings and the price plunge the PE is 46.7, That's right AMAZON is MORE EXPENSIVE AFTER the PRICE DROP THAN BEFORE! Pay attention here and learn a valuable lesson not to just buy a stock because it drops! For amazon to trade at a PE of 43.7 the stock would need to drop to $2325.
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Thursday, May 19, 2022
Bitten by FANG? Clocked by Cryptos? -- 'Air Pockets' Everywhere / Companies / Tech Stocks
By: EWI
Hi reader,
Like most investors right now, you may be feeling anxious.
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Thursday, May 19, 2022
Northern General Hospital Orthopedics Fractures and and Ankle Clinic Consultations Real Patient Experience / Politics / NHS
By: N_Walayat
Here's what to at expect at the Northern General Hospitals' Orthopedics Fractures and Ankles clinic which is where I ended up with an appointment following an injury to my foot, a suspected ruptured Achilles tendon, in advance of which I had an ultrasound also at the Northern General where no info was forthcoming not even of it the scan showed anything good or bad, still that must be upto the consultant to explain what's what and what to do next to get back to recovery.
The entrance to the clinic is next to A&E, a quick book in using the reception touch screen and then after a 40 minute wait my name was called to enter a small cubical that had a computer screen that apparently had an image of what could be my foot so and began the consultation which lasted.....
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Tuesday, May 17, 2022
Cathie Wood Goes All in on Teladoc, ARKK INSANE Noob Investing Strategy! / Companies / Exchange Traded Funds
By: Nadeem_Walayat
I really feel sorry for investors who have got sucked into ARKK hype for as they obviously failed to realise that she was just spouting a total load of BS and so got sucked into the ARKK hype sales vortex, reminds me of people who are brainwashed into buying Timeshare apartments that they come to regret for the rest of their lives! Which is the case with ARK! ARK K is NEVER coming back to it's highs let alone X4 over the last 5 years! which is what I have repeatedly warned as my December video in response to Cathie's then latest hype videos illustrates. At the time ARKK was around $95 and she was spouting it would X4 over the next 5 years. Today ARKK is trading at $40, that's over a 50% drop from where I forecast it would be by now some 5 months ago, and down 75% from it's high!
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Tuesday, May 17, 2022
This is Anything but Positive for US Housing Market / Housing-Market / US Housing
By: EWI
Has the rise in mortgage rates only begun?
A tug-of-war between bullish and bearish forces appears to be playing out in the U.S. housing market.
On the one hand, some areas of the country are still experiencing record-high home prices as buyers outnumber sellers.
On the other, the number of home sellers who dropped their asking price spiked to a six-month high of 15% during a four-week period ending on May 1, according to a Redfin report released on May 6.
Another development that falls in the bearish category for residential real estate is rising mortgage rates.
Here's what the April Elliott Wave Financial Forecast, a monthly publication which provides analysis of major U.S. financial markets, noted as it showed this chart:
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Tuesday, May 17, 2022
What Should We Do If There Is No Fed Monetary Policy Pivot? / Stock-Markets / US Federal Reserve Bank
By: The_Gold_Report
While investors may have been betting on a Fed pivot, expert Michael Ballanger analyzes where we may find ourselves if they don't.
As a young and very brash “stock salesman” in the early 1980s (Note: Back then, they did not call us “wealth managers” or “investment professionals” or “advisors.”), I discovered a newsletter writer that was the best storyteller I have ever read, and his name was Richard Russell. The author and founder of the 1958 “Dow Theory Letters,” he rose to fame after calling the bottom of the horrendous 1973-1974 bear market in December of the terminal year resulting in a bombardment of catcalls and peer-pressure ridicule. Nobody—and I mean NOBODY—expected that stock prices were going to do anything but continue to crater and that was what made him such a beast.
As we do our collective best to weather this storm of selling pressure in what started as tech stocks but which has now migrated to literally everything, I am reminded of one of the more poignant “Russell-isms.” He said, “In a bear market, he who loses the least, wins.”
“My losses have taught me that I must not begin to advance until I am sure I shall not have to retreat.” — Edwin Lefevre
That phrase is the major portion of the reason that I advised subscribers on January 7th of this year, with the S&P 500 clipping above 4,800, that capital preservation was our primary focus and that volatility would dominate the investment landscape in 2022.
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Tuesday, May 17, 2022
All Possible Ways to Earn Free Litecoin / Currencies / cryptocurrency
By: Submissions
SEO Description: Want to get Litecoin without spending money. It might sound astonishing but it's possible. Read this article to know all possible ways to earn free Litecoin.Litecoin, created as a fork of Bitcoin, is among the top 10 cryptocurrencies in terms of both popularity and market capitalization.
With so many advantages of this cryptocurrency over Bitcoin, earning Litecoin can be a great investment choice. Additionally, it is accepted by a variety of merchants.
The most common and convenient way to get Litecoin is to buy it from a crypto exchange - Agreed! But what if I tell you that you can earn free Litecoin. Surprised! You should be.
If you still can't believe it, read this article till the end to know all possible ways to earn free Litecoin. So, let's start without wasting a second.
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Monday, May 16, 2022
How low Could the Amazon Stock Price Fall? / Companies / Amazon
By: Nadeem_Walayat
Amazon $2485 : PE 46.7: EGF -68% : EC 332
Amazon Crashed 10% on BAD earnings as Amazon delivered an EPS of -$7.56 vs $8.73 expected, why were Amazon's earnings so bad? It's because the US is going into significant economic slowdown that increases the odds of a recession being declared this year!. Amazons PE before earnings was 43.7, AFTER earnings and the price plunge the PE is 46.7, That's right AMAZON is MORE EXPENSIVE AFTER the PRICE DROP THAN BEFORE! Pay attention here and learn a valuable lesson not to just buy a stock because it drops! For amazon to trade at a PE of 43.7 the stock would need to drop to $2325.
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Monday, May 16, 2022
Cathy Wood ARKK INSANITY There is NO Coming Back! / Companies / Exchange Traded Funds
By: Nadeem_Walayat
I really feel sorry for investors who have got sucked into ARKK hype for as they obviously failed to realise that she was just spouting a total load of BS and so got sucked into the ARKK hype sales vortex, reminds me of people who are brainwashed into buying Timeshare apartments that they come to regret for the rest of their lives! Which is the case with ARK! ARK K is NEVER coming back to it's highs let alone X4 over the last 5 years! which is what I have repeatedly warned as my December video in response to her then latest hype videos illustrates. At the time ARKK was around $95 and she was spouting it would X4 over the next 5 years. Today ARKK is trading at $45, that's a 50% drop from what I forecast to expect would happen to ARKK by now 5 months ago, and down 71% from it's high!
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Monday, May 16, 2022
NASDAQ 100 Stock Market LOWER LOWS & LOWER HIGH / Stock-Markets / Tech Stocks
By: Chris_Vermeulen
Following and trading on price can be compared to the reading of a good book. As we read each page, we acquire additional information that may give us a better understanding of the unfolding story.
The same is true of the market, as each day is like the reading of another page. The pages of a book make up chapters. These chapters in trading represent bull markets, bear markets, distribution and accumulation, and time frames of high and low volatility.
Unfortunately, in trading, we cannot skip to the end of the book to learn how everything turns out. However, as traders, we have learned that studying and remembering the past can pay great dividends.
Trading price in its rawest form is simply plotting and studying price without the use of moving averages, stochastics, RSI, or other technical indicators. This simplified but often overlooked methodology can offer everything a trader needs to be successful.
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Monday, May 16, 2022
Sanctions, trade wars worsen US inflation / Economics / Protectionism
By: Dan_Steinbock
The Fed’s aggressive and belated rate hikes will escalate economic challenges in the US and elsewhere, thanks to ill-advised sanctions and trade wars.Recently, the Federal Reserve lifted its benchmark interest rate by half a percentage point, to a range of 0.75%-1%, following a smaller rise in March. It was the Fed’s biggest increase in 22 years.
Last fall, Jerome Powell, the Fed chairman, still characterized rising prices as "transitionary" which would not leave “a permanent mark in the form of higher inflation.”
So, when inflation began to climb rapidly after mid-year 2021, the Fed ignored it until it soared.
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Saturday, May 14, 2022
AI Tech Stocks Earnings BloodBath Buying Opportunity / Companies / Tech Stocks
By: Nadeem_Walayat
Dear Reader
In advance of my US housing market trend forecast to be posted before the end of this month here is a timely look at the big AI tech stocks that are reporting earnings next week, where the dominos could finally start falling as they continue Friday's plunge on break of key support levels for the likes of Nvidia and Google, where after a long wait big buying levels are finally starting to get triggered in the latest phase of the stealth stocks bear market that is cycling through target stocks like the tasmanian devil as we saw during the past week, with Friday's plunge ending what had been an developing stocks bounce, where my focus was on Google as it finally broke below $2400, a level that I had long flagged to patrons of where I would be buying big and in advance of warned Patrons for several weeks not to jump the gun regardless of what the indices were doing.
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Saturday, May 14, 2022
Futures Contract – Trading Crude Oil With USO / Commodities / Crude Oil
By: Chris_Vermeulen
Crude oil, like most commodities, is not priced as a single data point like a stock. Instead, commodities, like oil, trade via futures contracts. A futures contract is an agreement to buy or sell a particular commodity or security at a predetermined price at a specified time in the future. Futures contracts are standardized for quantity and quality specifications to facilitate trading on a futures exchange.
Unlike options, futures contracts do not have a time value component in their pricing. Each futures contract is a standalone contract with its own ending date, supply and demand, and market-determined price for the underlying product. Another key difference between options and futures is that while an option gives the holder a right to buy or sell at a specific price, exercising that right is optional. A futures contract is a legal contract for delivering an underlying physical product or, in some cases, a cash equivalent. Futures contract performance is a legally binding agreement and is not optional.
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