Wednesday, March 17, 2021
Bitcoin: Speculative Investment or Value Asset? / Currencies / Bitcoin
Bitcoin joined the trillion-dollar market club on February 19, 2021, as the price of the cryptocurrency crossed the $56,000 mark. The world’s most popular cryptocurrency soared 1,000% over the past year, after struggling to break out of the $15,000 level throughout 2019, and the better part of 2020.
The rising prices of bitcoins have launched several discussions regarding the efficacy and sustainability of cryptocurrencies and Bitcoins in particular, as the deregulated currency is associated with a copious number of risks. There are a number of bitcoin margin trading exchanges as well that are providing leverage to users given the rising popularity of digital currencies.
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Tuesday, March 16, 2021
New York Markets Have Obliterated Silver Prices over Time / Commodities / Gold and Silver 2021
Many investors sense that the country, and the world, has drifted into uncharted territory.
The last year has been extraordinary. There have been COVID lockdowns, a disputed presidential election, and multi-trillion-dollar federal deficits and bailouts. The Federal Reserve has injected more money into markets than ever before.
This insanity showed up in the physical gold and silver markets.
Bullion dealers have spent much of the past year fighting to get inventory, because investment demand for coins, bars, and rounds has never been higher.
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Tuesday, March 16, 2021
Is Dollar’s Weakness Giving Way to Gold? / Commodities / Gold and Silver 2021
Since its peak in the spring of 2020, the U.S. dollar index has lost almost 12 percent, and it could decline even further, thus supporting gold prices.There is a weakness in the U.S. dollar. Let’s start off by taking a look at the chart below. As you can see, the broad trade-weighted dollar index has been declining recently. Since its peak in late March 2020, the greenback has lost almost 12 percent.
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Tuesday, March 16, 2021
We Need Infrastructure Spending to Avoid Another Texas-Sized Mess / Economics / Infrastructure
I just talked with one of the most successful hedge fund managers in the country (in terms of returns over the last four years). He will not allow me to use his name. But I can tell you he is a raging bull.
He believes the stimulus that we already had plus what we will get—coupled with a major infrastructure bill, plus extraordinarily easy monetary policy, combined with significant new technology innovations—adds up to a new bull market.
This is someone with 5X returns over the last four years with a very diverse portfolio. So it could pay to pay attention.
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Tuesday, March 16, 2021
Simple Tips That Will Help You Become Smarter In Handling Your Loans / Personal_Finance / Debt & Loans
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Monday, March 15, 2021
Delivery and Unboxing Custom Built Scan Computers 3SX PC 2021 - Scan.co.uk Review (3) / Personal_Finance / Computing
The day has finally arrived when Scan computers custom build PC has been delivered after 2 month wait. Find out exactly what you get in the box when you order a custom built computer from scan computers in 2021, for instance do you get your rtx 3080 GPU and 5950x CPU boxes or not, after all you did pay over £800 just for the GPU and then another near £800 for the CPU, find out now!
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Monday, March 15, 2021
How the EUR/USD Affects Gold Miners; Which ETF Will Suffer More? / Commodities / Gold and Silver Stocks 2021
It’s all connected. The Eurozone’s underperformance boosts the USD, thus placing pressure on gold and the ETFs. So, which ETFs will suffer most?
A large part of yesterday’s free version of the analysis focused on the Eurozone’s economic outlook and how it affects the precious metals. We’ll eventually get to Europe again later in today’s analysis, but let’s first examine gold related ETFs, namely the GDX and GDXJ. How low can they go? That will depend on the general moves in the stock market.
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Monday, March 15, 2021
Sweet Child O' Mine 2021 Post Pandemic Hope Captain Fantastic Cover / Politics / Coronavirus 2021
This is our hoping for a Post Pandemic cover of Guns N' Roses Sweet Child O' Mine Captain Fantastic.
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Monday, March 15, 2021
Resting Stock Bulls and Gold Question Mark / Stock-Markets / Stock Market 2021
Stock bulls went right for all time highs yesterday, clearing the 3,900 threshold in this correction – one that is in its very late innings indeed. But the preceding upswing has been sharp, and not all the internals support such a swift recovery, which is why I am still looking for consolidation to strike at any moment.
We might be actually experiencing such a daily one right now, as today‘s premarket session has sent S&P 500 futures a few dozen points down. The big picture is though one of of the stock market getting used to rising rates, which are rising in reflection of the economic growth. But what about the snapback short-term rally in long-term Treasuries?
It‘s not materializing as the instrument went down again yesterday – unconvincingly bobbing above recent lows. The defensive sectors such as consumer staples and utilities, reversed yesterday (at a time when technology rose), sending a warning that we‘re about to see higher rates again. Probably not happening as fast as through Feb, but still. Let‘s bring up my recent perspective on high rates, what they are exactly:
(…) the „high rates“ we‘re experiencing currently, do not compare to the early 1980s, which underscores the fragility of the current monetary order. The Fed knows that, and it has been evident in the long preparatory period and baby steps in the prior rate raising and balance sheet shrinking cycle.
The market will see through this, and the central bank would be forced to move to bring long-term rates down through yield curve control or a twist program, which would break the dollar, drive emerging markets, and not exactly control inflation – real rates would drop like a stone in such a scenario, turning around gold profoundly.
But the market knows the Fed isn‘t getting ready to really do anything more than it does right now. Gold rebounded on Tuesday, and the rally took it above $1,730 but the daily reversal is concerning. As I wrote yesterday in the title, the gold bulls can‘t rest – but they are resting, and prices are back at the lower end of the $1,720 volume profile.
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Monday, March 15, 2021
Cotton, soybeans, crude oil: Simplicity wins / Commodities / Commodities Trading
Dear Reader,
You come to our website looking for market answers.
Well, with the help of our friends at Elliott Wave International, we are happy to offer you a new, free opportunity to see what's likely next for cotton, soybeans and crude oil -- for the entire 2021.
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Sunday, March 14, 2021
Stocks Bulls Can Take a Rest – But Gold Ones Can‘t / Stock-Markets / Financial Markets 2021
The daily banging on the 3,900 threshold shows in yesterday‘s upper knot, and this milestone has very good chances of being conquered today. More important than the exact timing though, are the internals marking the setup – we‘ve indeed progressed very far into this correction. While not historically among the longest ones, it‘s still getting long in the tooth – just as I was writing throughout the week.
And it is getting stale, even if I look at the star non-cofirnation, the high yield corporate bonds. Relatively modest daily upswing, outshined by investment grade corporate bonds. Yes, the credit markets are calming down, and the tiny daily long-term Treasuries upswing doesn‘t reflect that fully just yet. Besides giving breathing room to defensives such as utilities and consumer staples, it‘s also very conducive to the precious metals sector.
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Sunday, March 14, 2021
Why the eVTOL Market Is Too Big to Ignore / Companies / Drone Tech
The eVTOL market is still in its infancy. Since it involves such an innovative concept poised to revolutionize transportation, it’s something that cannot be ignored.
Everyone wants a new, more convenient way of transportation, and eVTOLs seem to deliver what people have in mind. Of course, that doesn’t make anyone blind to the fact that this new transportation mode is very complicated, and developers have to give it their best to be able to make it successful.
But if it becomes successful, this market could be extremely big and will change the world completely. It will become so significant that it will be hard to ignore by investors, and if they do, they might end up regretting it later.
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Sunday, March 14, 2021
What Stock Market Lessons Can We Learn From Yoda - The Jedi Master? / Stock-Markets / Stock Market 2021
Over the last 9 years since we opened Elliottwavetrader, I have had the privilege of training thousands of investors, traders and money managers regarding how to appropriately view the stock market from an honest and objective standpoint. And, during that time, I have just about seen it all when it comes to the wide array of perspectives with which people approach the market.
So, in this article, I am going to tap into some of the brilliance presented in the teachings of the Jedi Master - Yoda, and will apply it to my experience in training thousands of investors, traders and money managers. I will also be bolstering these lessons with what our members have actually said about these truths regarding the market.
YODA: “Ready are you? What know you of ready? For eight hundred years have I trained Jedi. My own counsel will I keep on who is to be trained. A Jedi must have the deepest commitment, the most serious mind.”
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Sunday, March 14, 2021
Keys to US / Global Economic Recovery - Part 2 / Economics / Economic Stimulus
This is a continuation of our extended technical review of what my research team and I believe will be required for the US/Global markets to enter a stronger post-COVID-19 recovery phase. If you missed Part I of this research series then you can find it here: www.thetechnicaltraders.com/....
In this Part II, we will look at how potential currency shifts will prompt new trending in various economic sectors. The past 20+ years have really changed how the markets operate from a standpoint of capital deployment and capital function. We certainly live in interesting times from a trader and investor perspective. There is more capital floating around the globe right now than ever before… and that changes certain things.
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Saturday, March 13, 2021
Dow Stock Market Elliott Wave Analysis / Stock-Markets / Stock Market 2021
My commonsense interpretation of EWT continues to resolve in accurate outcomes as the chart of my last analysis implied to expect a strong 5 wave impulse advance into 2021 that has come to pass.
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Saturday, March 13, 2021
Smart Solutions That Will Make Your Business More Efficient and Productive / Companies / SME
In today’s digital age, it has become essential for every business to use technology in order to be more efficient and productive. With each passing day, technology continues to develop, offering new ways to improve our lives by simplifying tedious tasks, automating repetitive ones, and facilitating communication. No matter the size of your business, it can benefit tremendously from utilizing smart solutions to improve its operations and services. Meanwhile, remote working has become increasingly common in the last decade, allowing employees to work from any location.
With all that in mind, you can find smart solutions to improve your business’ efficiency and productivity in the guide below.
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Saturday, March 13, 2021
Get PAID to Heat Your Home, Upto £150 PER ROOM! With Bitcoin Crypto Mining Insanity! / Personal_Finance / Crypto Mining
This is going to sound insane at the outset but it is REAL! You can get PAID to HEAT your HOME! Which is obviously GREAT news to all those who live in colder climates, especially during the winter rooms when the heating has to be turned on high to counter the sub zero temperatures out doors, but that's all in the past because from now on you will welcome the WINTER because the colder it gets the MORE profit you can make! As much as £150 per room without employing anything more than what you would already be using anyway as this vide demonstrates.
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Saturday, March 13, 2021
How to Join the Gold Mining Party… Before it Ends / Commodities / Gold and Silver 2021
Forget gold and silver for a moment. Do you hear the music? Yes, it’s coming from the mining ETFs club. But how long will the party last?
And more importantly, why miners, you may ask? Because miners tend to outperform in the early days of a major rally.
After closing only $0.10 below my initial downside target of $31 on Mar. 1 , the GDX ETF could be ripe for an upward revision. Able to ignore much of last week’s chaos, the GDX ETF’s outperformance of gold and silver signals that the tide has likely turned.
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Saturday, March 13, 2021
No More Rocking the Boat in Stocks But Gold? / Commodities / Gold and Silver 2021
Stocks sharply reversed intraday, and closed just where they opened the prior Friday. That indicates quite some pressures, quite some searching for direction in this correction that isn‘t over just yet. Stocks have had a great run over the past 4 months, getting a bit ahead of themselves in some aspects such as valuations. Then, grappling with the rising long-term rates did strike.
So did inflation fears, especially when looking at commodities. Inflation expectations are rising, but not galloping yet. What to make of the rising rates then? They‘re up for all the good reasons – the economy is growing strongly after the Q4 corona restrictions (I actually expect not the conservative 5% Q1 GDP growth, but over 8% at least) while inflation expectations are lagging behind.
In other words, the reflation (of economic growth) is working and hasn‘t turned into inflation (rising or roughly stable inflation expectations while the economy‘s growth is slowing down). We‘re more than a few quarters from that – I fully expect really biting inflation (supported by overheating in the job market) to be an 2022-3 affair. As regards S&P 500 sectors, would you really expect financials and energy do as greatly as they do if the prospects were darkening?
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Friday, March 12, 2021
Oat Prices AND the Truth Behind the "White Gold" Rush / Commodities / Agricultural Commodities
Oat futures' recent surge to 7-year highs wasn't caused by the oat milk craze; think "market psychology" instead
Generally speaking, the idea of oats is about as exciting as, well, a bowl of steel cut oatmeal.
But this chart of oat futures shows why this ordinarily ordinary grain has stolen the commodity spotlight. For starters, February 2021 saw oat prices soar to their highest level in 7 years.
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