Thursday, April 29, 2021
Stock Market Leverage Reaches New All-Time Highs As The Excess Phase Rally Continues / Stock-Markets / Stock Market 2021
By: Chris_Vermeulen
A recent Forbes article highlights the incredible increase in market leverage since the start of the COVID-19 crisis. There has never been a time in recent history where market leverage has reached these extreme levels. Additionally, highly leveraged market peaks are typically associated with asset bubbles.
The easy money policies and global central bank actions have prompted one of the longest easy money market rallies in history. Historically low interest rates, US Federal Reserve and global central bank asset-buying programs, and extended overnight credit support have prompted some traders and investors to move into a more highly leveraged position expecting the rally to stay endless. Although, the reality of the global market trends may be starting to cause traders and investors to become a bit unsettled. Precious Metals, Utilities, and Bonds have all started reacting to perceived fear related to this extended bullish rally trend recently.
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Thursday, April 29, 2021
Get Ready for the Fourth U.S. Central Bank / Interest-Rates / Central Banks
By: Michael_Pento
We all should be aware that the current Federal Reserve of the Unites States is not America’s first central bank. In fact, we’ve had a few others before this current disastrous iteration came into existence in 1913. We hope and believe it won’t be long before this latest version goes away for good.
Our first central bank was founded in 1782 and was called The Bank of North America. Soon after, in 1791, The Bank of North America became The First Bank of the United States chartered by Congress. However, in 1811 its twenty-year charter expired and was not renewed.
Five years later Congress chartered its successor called the Second Bank of the United States that lasted from 1816-1836. This Central Bank collapsed for the same reason the others did before it: they were, for the most part, filled with corruption and became progenitors of speculation and economic instability.
Thursday, April 29, 2021
Gold Mining Stock: Were Upswings Just an Exhausting Sprint? / Commodities / Gold and Silver Stocks 2021
By: P_Radomski_CFA
Indicators are pointing to gold and mining ETFs running out of breath. They don’t seem to have what it takes to the move to the finish line.
Despite gold, silver and mining stocks’ recent corrective upswings, the precious metals are running out of steam. After bursting off of the lows – while failing to recognize that it’s a marathon and not a sprint – the precious metals’ late-week breather signals that their stamina isn’t what it used to be.
Moreover, with false breakouts and sanguine sentiment causing an adrenaline rush that’s likely to fade, the precious metals’ transformation from stalwart to sloth could leave investors feeling increasingly dejected.
Case in point: with the HUI Index (a proxy for gold mining stocks ) already verifying the breakdown below the neckline of its bearish H&S pattern – which didn’t occur until later in 2008 – the miners’ outlook is actually more bearish now than it was then.
Wednesday, April 28, 2021
AI Tech Stocks Lead the Bull Market Charge / Stock-Markets / Tech Stocks
By: Nadeem_Walayat
let's see if the correction materialises so I can buy more stocks after the recent March dip in tech stocks that allowed me to pick up the likes of TSMC for $110, amongst several others on my target list including AMD and Nvidia, though Facebook failed to succumb to mainstream media hysteria instead took off like a rocket to currently stand at well above $300 which whether one likes it or not is precisely what one expects good stocks to do! Even the sleeping giant IBM broke out of it's year long trading range. Whilst Intel despite releasing a pile of garbage 11th Gen rocket lake processors, performing worse than their 10th Gen CPUs! That one would have thought would have resulted in weak hands selling out of their holdings and thus giving us a dip to below $50 to buy some more for the long-run, instead Intel has had a moon shot of its own trading towards 20 year highs! Hardly price action that one would expect from what I consider to be sleeping giants! Which is indicative of what's really going on under the hood that most still fail to grasp which is the exponential nature of the AI mega-trend and of course the rampant money printing inflation mega-trend. That and perhaps there aren't many weak hands left holding IBM and Intel stock.
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Wednesday, April 28, 2021
AMD Ryzen Overclocking Guide - 5900x, 5950x, 5600x PPT, TDC, EDC, How to Best Settings Beyond PBO / Personal_Finance / Computing
By: HGR
How best to overclock your Ryzen 5000 series processors such as 5900x, 5950x and 5600x beyond PBO so as to maximise performance whilst minimising power used and temperatures produced through fine tuning PPT, TDC and EDC settings either in the Ryzen Master software or from within bios. Find out how you can boost your systems performance at a lower power consumption and temps then through use of Ryzen Precision Boost Overdrive.
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Wednesday, April 28, 2021
Stocks Bear Market / Crash Indicator / Stock-Markets / Stock Market 2021
By: Nadeem_Walayat
Current Risk Remains VERY LOW at 5%, Recent highest reading was 15%.
This Indicator is one of the neural nets I am working on as my AI takes baby steps into understanding how to interpret the stock market. It's task is to state the current risk of a bear market or crash being imminent i.e. within the next couple of weeks or so. So an independant technical indicator that acts as a warning to HEDGE stock portfolios ahead of further high probability drops in the market. Where my preferred hedging tool is to go short stock index futures so as to capitalise on any drop without selling any stock holdings, and delivering fresh funds to buy more AI stocks at deep discounts just as I did during March 2020. The last time this indicator triggered a warning was late February 2020, so it is NOT a trading indicator but instead advance warning that a correction already underway could turn into something worse so I need to hedge my stocks portfolio to some degree.
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Wednesday, April 28, 2021
No Upsetting the Apple Cart in Stocks or Gold / Stock-Markets / Financial Markets 2021
By: Monica_Kingsley
The tax hike proposal shock is over, and S&P 500 took again on the ATHs on Friday. Buying pressure throughout the day lasted almost till the closing bell, and is likely to continue this week as well. And why shouldn‘t it – has anything changed? The artificial selling any capital gains tax hike would generate, is likely to come before year end – not now:
(…) Look still though how little has changed, as if the tax raising plans haven‘t been around since the infrastructure bill or implicitly even before. It‘s still April, and markets are pricing in not only this select reality, but broader tax increases coming. Yes, they have woken up, and the reflation paradigm is getting an unwelcome companion. This hit won‘t bring down the bull, but will slow it down – and the implications for broader economy will only hasten the pronounced advent of the commodities supercycle (well underway since the corona deflationary crash last year).
The move towards risk-on was clearly there, overpowering the USD bulls yet again as the dollar bear market has reasserted itself. It‘s not just about EUR/USD on the way to its late Feb highs, but about the USD/JPY too – the yen carry trade is facing headwinds these days, acting as a supportive factor for gold prices. While these went through a daily correction, commodities pretty much didn‘t – lumber is powering to new highs, agrifoods didn‘t have a down day in April, copper and oil scored respectable gains. The market is in a higher inflation environment already, and it will become increasingly apparent that commodity-led inflation is here to stay.
Back to stocks and bonds, the S&P 500 took well to a daily rise in Treasury yields – and that‘s the key factor overall. The turnaround was most clearly seen in tech heavyweights but defensive sectors such as consumer staples or utilities didn‘t do well (they‘re interest rate sensitive, after all), and Dow Jones Industrial Average traded closer to the optimistic side of the spectrum. The second piece of the puzzle came from value stocks and financials, which are working to put an end to their own shallow correction – just as you would expect when rates take a turn higher.
Wednesday, April 28, 2021
Is The Covaids Insanity Actually Getting Worse? / Politics / Coronavirus 2021
By: Jeff_Berwick
Wednesday, April 28, 2021
Dogecoin to the Moon! The Signs are Everywhere, but few will Heed them / Politics / Social Issues
By: James_Quinn
“Fools, as it has long been said, are indeed separated, soon or eventually, from their money. So, alas, are those who, responding to a general mood of optimism, are captured by a sense of their own financial acumen. Thus it has been for centuries; thus in the long future it will also be.” ― John Kenneth Galbraith, A Short History of Financial Euphoria
The signs of an epic bubble of historic proportions are everywhere. The stock market is a bubble, with valuations exceeding 2001. Margin debt is at all-time highs. The bond market is a bubble, with the Fed artificially suppressing rates and pumping trillions of QE into Wall Street. Housing is experiencing another bubble, with prices now far exceeding the 2005 peak. Bitcoin and the rest of the crypto-currencies are a bubble, being driven by the excess liquidity sloshing around the system. A joke crypto currency like Dogecoin soars into the stratosphere because money has no meaning anymore.
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Wednesday, April 28, 2021
SPX Indicators Flashing Stock Market Caution / Stock-Markets / Stock Market 2021
By: Andre_Gratian
Current Position of the Market
SPX Long-term trend: There is some evidence that we are still in the bull market which started in 2009 and which could continue into the first half of 2021 before major cycles take over and it comes to an end.
SPX Intermediate trend: SPX has completed the next phase of its intermediate uptrend and should correct.
Analysis of the short-term trend is done daily with the help of hourly charts. They are important adjuncts to the analysis of daily and weekly charts which determine longer market trends.
Wednesday, April 28, 2021
Gold Prices – Don’t Get Too Excited / Commodities / Gold and Silver 2021
By: Kelsey_Williams
GOOD NEWS… The rebound in gold prices from their recent low has awakened new fervor among those looking for the elusive moonshot. The ‘obvious’ signs of much higher inflation have emboldened those who are inclined to predict ever higher gold prices.
Contrastingly, the chart of GLD prices pictured below doesn’t look all that great…
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Wednesday, April 28, 2021
6 Challenges Contract Managers Face When Handling Contractual Agreements / Companies / SME
By: Submissions
No matter how small a business is, it may require entering into contractual agreements from time to time. Contracts are an inevitable business process if a company is looking to expand outreach and to adopt more growth opportunities.Contractual agreements are sensitive. As such, entrepreneurs appoint contract managers, tasking them with the responsibility of handling these agreements. Contract managers are more than the heads of company contracts. They must often collaborate with both individuals and companies to draft and negotiate agreements, control and review contract results, document key milestones, and perform a variety of other tasks.
Contract management is one of the most crucial business operations due to the impact it has on various companies. Small businesses can leverage the benefits of meaningful contracts with reputable companies. It is a critical job, but one that comes with a slew of challenges due to the complexities of managing many contracts.
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Tuesday, April 27, 2021
Corsair H150i Pro iCUE Firmware Update Says Bye Bye - H100i, H115i, Bricked Jet Engine Fans Fix / Personal_Finance / Computing
By: HGR
Corsair's iCUE software is buggy, you soon realise this when you install it on your system and see cpu usage jump as it hogs the processor. You can test this for yourself ny monitoring CPU temps by exiting the software and see the CPU temps drop a few degrees! So software that's supposed to keep your CPU cool actually results in an increase in temps! BUT, that's not the worst of it! The ICUE software alerts users of pending updates such as a firmware update for your water cooler. And as was the case for my H150i triple fan cooler. So thinking, this MUST be safe, one clicks the button to start the firmware update, fans ramp up to 100%, and that's basically where one is stuck! Having an irritating jet engine blowing at full speed makes it very irritating to work. So REBOOT, and your stuck! as corsairs software not only fails to update the firmware but BICKS the cooler! So your stuck with fans at 100% with no way of changing anything, not from iCUE not from Bios.
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Tuesday, April 27, 2021
Bude Cliff Walk and Secluded Pebble Beach Tour in VR 360 - Cornwall UK Holidays 2021 / / Travel & Holidays
By: Anika_Walayat
The virus means it's unlikely most of us will be able to travel abroad for holidays 2021, still there are plenty of beauty spots in the UK, such as CORNWALLS beaches. Here after a long 6.5 hour drive down to Bude on the North coast of Cornwall and a restful night at a local caravan park it's time to hit the beaches, starting with Bude beach just north of Bude town, a small secluded pebble beach surrounded by high cliffs. Next it's off on a 2.5 hour drive down to Lands End for a couple of hours before we stop off at Newquay on the way back to Bude to cut Eliza's birthday cake on the beach.
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Tuesday, April 27, 2021
The Top 3 CBD Oils with Anti-Inflammatory Properties for Stopping Pain / Commodities / Cannabis
By: Submissions
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Tuesday, April 27, 2021
Biden’s Green New Deal / Economics / Renewable Energy
By: Richard_Mills
Joe Biden came to power as the 46th US president expecting to spend more on green energy and clean technology. Just how much more is starting to be revealed.
Doubles down on emissions
This week Biden fulfilled a campaign promise in convening a “global climate summit” within his first 100 days in office. The two-day virtual meeting, attended by the leaders of a number of US allies and two of its adversaries — China and Russia — appears like many of these gatherings to be mostly a talking shop.
But a decision on Thursday is substantive, and therefore bears examination. The president committed the US to reducing its greenhouse gas emissions by 50 to 52% below its 2005 emissions levels by 2030, without revealing any details as to how this would be achieved.
The announcement also brings GHG reduction targets 20 years forward from what is set out in Biden’s $2.3 trillion infrastructure/ clean energy proposal unveiled in March. That plan commits to net-zero emissions by 2050 (net-zero refers to balancing the amount of emitted greenhouse gases with the equivalent emissions that are either offset or sequestered).
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Tuesday, April 27, 2021
Gold Stocks Upleg Accelerates / Commodities / Gold and Silver Stocks 2021
By: Zeal_LLC
This young gold-stock upleg is accelerating, with fast-rising prices enticing in more capital. This sector has surged sharply to multiple major upside breakouts in recent weeks, which is starting to turn skeptics into believers. Despite their strong upside momentum being chased, gold-stock prices remain far from overbought levels warning of impending selloffs. This mounting upleg still has great room to power way higher.
Gold miners’ earnings are highly leveraged to prevailing gold prices, which drive this sector’s upleg and correction cycles. In early March as the last extended gold-stock correction was bottoming, I wrote an essay on gold’s momentum selloff. It concluded with “the gold-futures selling that ignited all this is finite, and is likely nearing exhaustion. After that, gold should rally hard.” We were positioned for a new upleg.
At that major bottoming, the trading books in our newsletters were full of fundamentally-superior gold miners’ stocks. We added and recommended them leading into that at low prices, when they were deeply out of favor. A few weeks later, I wrote another essay analyzing the latest quarterly results from the mid-tier gold miners. They are in the sweet spot for stock-price appreciation potential when gold powers higher.
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Monday, April 26, 2021
The Tax Plan to Slay the Stocks Bull Market? / Stock-Markets / Stock Market 2021
By: Monica_Kingsley
A day like almost any other – S&P 500 about to take again on the ATHs until the capital gains tax hike proposal came, shaving off 50 points in stocks within an hour. The 4,415 support held though, both before and after the closing bell. Are we ready to shake off the cold water and resume running higher again?
Depends on where you look – stocks have quite some recovering still to do, and it‘s the precious metals and commodities that are performing best today. Both as an index and sectoral collection, the S&P 500 sustained broad damage, concentrated in the tech heavyweights. The volatility spike has been partially repelled but option traders seem expecting another shoe to drop, which attests to us better dampening expectations of a fast return above 4,170.
Look still though how little has changed, as if the tax raising plans haven‘t been around since the infrastructure bill or implicitly even before. It‘s still April, and markets are pricing in not only this select reality, but broader tax increases coming. Yes, they have woken up, and the reflation paradigm is getting an unwelcome companion. This hit won‘t bring down the bull, but will slow it down – and the implications for broader economy will only hasten the pronounced advent of the commodities supercycle (well underway since the corona deflationary crash last year).
As the Chinese say, may you live in interesting times, and I am glad to have caught the April 2020 turnaround reasonably well. I‘m bringing this up just to say that this isn‘t the time to turn bearish on stocks yet – not in the least. The initial panic is over, real economy keeps recovering (amazing how fast were the reasonably good unemployment claims of yesterday forgotten, right?), inflation expectations aren‘t running progressively hotter, and Treasury yields continue retreating.
Monday, April 26, 2021
See What’s Next for European Markets / Stock-Markets / Financial Markets 2021
By: EWI
Dear reader,
"Will it break above $1?" That’s the question millions of crypto watchers are asking now.
Dogecoin may be on your watch list, too. After all, its 9000%+ rally year-to-date is no longer “funny.” What started as a joke is now very serious.
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Monday, April 26, 2021
Gold's Perfect Storm / Commodities / Gold and Silver 2021
By: Richard_Mills
US Treasuries are as much sought-out by investors in a crisis or pending crisis, but lately, Treasuries have become much less popular as a means of storing wealth.
The reason is simple: T-bills don’t offer a good return, and neither do other sovereign debt instruments. Although US Treasury yields have been climbing, owing partly to expectations of inflation, in recent weeks this trend has reversed, amid renewed concerns about the pandemic.
On Tuesday, the World Health Organization warned that global infections were reaching their highest levels, prompting many fund managers to rotate money into safe-haven bonds. The yield on the 10-year Treasury slid to 1.5% while the 30-year yield was reduced to 2.26%.
Looking at the 10-year chart, we see the yield starting to climb in January, reaching as high as 1.74% on March 19 before falling from 1.69% at the start of April to the current 1.5 %.
Subtract 2.6% inflation and the real yield is negative 1.1%.
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