Wednesday, February 03, 2021

Here’s What’s More Important than the Recent Reddit GameStop Mania / Stock-Markets / Financial Markets 2021

By: P_Radomski_CFA

GameStop! Reddit! Silver manipulation (that’s been discussed for over two decades)! It’s exciting but pay attention to these more important factors.

Is the above really the key thing that’s happening in the markets right now? No, it’s only the most interesting thing. I admit, what we’re seeing on the Internet right now is truly absorbing, but one should realize that it’s what used to happen multiple times in history. This time it’s simply more visible as the conversations and associated images are publicly available and widely distributed.

In yesterday’s intraday Alert , I commented on the issue of the likely implications of these cumulative purchases on the precious metals market as a whole and what difference they are likely to make over the course of the following months and weeks – next to none.

Well, there is one effect that I’m expecting to see. It’s the increased volatility during the following price declines – likely proportionate to what was so vigorously bought in the last few days.

Wednesday, February 03, 2021

GameStop - Retail Traders and Reddit Rattle Wall Street – Market Rotations Rewards / Companies / Sector Analysis

By: Chris_Vermeulen

The big news has been GameStop’s incredible rally from price levels below $10 to an incredibly high price peak near $483.  The ability of retail traders to pull small accounts and actively target heavily shorted stocks, pushing short-sellers into a “short squeeze” has everyone talking about it.  Many people are calling for investigations on both sides saying the system is broken and this should never be allowed to happen.

Gamestop Rally Shakes Up Wall Street

Thanks to the ability of social media and smartphones, people all over the world can now share ideas, content, and excitement about a stock symbol or opportunity in the market in an instant.  Unlike in the 1980s, when individuals had to get on the phone and call their closest circle of friends, social media and technology allow one person to post a message that can instantly be seen by thousands or millions of people. News channels are more than willing to jump on the story and make it even bigger.  We live in interesting times where information flows faster and freer than ever before. The Gamestop Daily chart below shows what can happen when this happens.

Wednesday, February 03, 2021

The Wolf is At the Door (Or How to Protect Yourself Against This Bubble) / Stock-Markets / Stock Market Valuations

By: Paul_Lamont

More than1 Trillion shares traded in speculative over-the-counter (pink sheets) stocks in December.   In the options market, option trading by retail investors registered 46 million contracts in one day in early January. Reporters forBloomberg described events as "another day of euphoria" in "Day-Trader Heaven." Non-profitable tech companies have gone bonkers (see below).

Wednesday, February 03, 2021

Why Next Wave of Margin Calls Will Be FAR More "Disruptive" Than in 2000 or 2007 / Stock-Markets / Stock Market 2021

By: EWI

"Can investors afford to borrow anymore?"

Financial history shows that every bear market has been followed by a bull market and vice versa.

So, the current bull market will end sooner or later.

The prior two bull market tops occurred in the years 2007 and 2000. One of the characteristics of each of those tops was investors' ramped up use of margin. In other words, market participants were borrowing heavily to buy stocks.

Wednesday, February 03, 2021

Life After Covid - 🆅🆁 360 Parrots Wonderland at Lorikeet Lagoon Chessington Worlds of Adventure / Politics / Pandemic

By: Anika_Walayat

It's a parrots wonderland fun in VR 360 at the Lorikeet Lagoon in Chessington Worlds of Adventure, the time before covid that will hopefully soon return.

Tuesday, February 02, 2021

How the Eurozone Affects Gold Price and Why You Should Care / Commodities / Gold and Silver 2021

By: P_Radomski_CFA

In our globalized economy, currency pairs have a negative correlation with gold, so how does the current EUR/USD situation impact the yellow metal?

It pays to pay attention to what is happening in Europe. As is well known, there are many currency pairs in the world, but the most traded one is the EUR/USD. How does that affect you as a gold investor? The equation goes something like this: if the economy of the Eurozone sinks and takes the EUR down with it, the USD rises – and vice-versa. Gold, which is usually inversely related to the dollar, will also either rise or decline based on the latter’s behavior.

Before we get to Europe though, let’s take a look at what gold is currently doing.

Once again, yesterday’s (Jan. 26) session was relatively uneventful on the technical front, but that doesn’t mean that the outlook is any more bullish.

Conversely, it remains bearish because of multiple developments that happened before the current pause. For instance, the invalidation of gold’s breakout above its 2011 high. Even though it had help from a sliding USD Index, the yellow metal still failed to hold above this critical support level.

Tuesday, February 02, 2021

Stock Market Bump in the Road? / Stock-Markets / Stock Market 2021

By: Andre_Gratian

Current Position of the Market

SPX Long-term trend:  There is some good evidence that we are still in the bull market which started in 2009 and which could continue into the first quarter of 2021 before coming to an end.

SPX Intermediate trend:  May continue until SPX reaches ~ 4150.

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.

Tuesday, February 02, 2021

Silver Expectations Given GameStop Price Action and the Reddit Revolution / Commodities / Gold and Silver 2021

By: Chris_Vermeulen

Near the end of 2020, my research team identified trends, pullbacks, and overall upward/downward trends in US major markets as well as those for Gold and Silver.  It is time we revisited these early 2021 predictions in relation to what is happening in the markets currently. You can revisit our original publication entitled What To Expect in 2021 Part II – Gold, Silver, and SPY.

At the time we made these predictions, we were unaware of the global phenomenon, the Reddit #wallstreetbets movement, that was taking place.  Our expectations are based on our advanced predictive modeling system and what it sees as the highest probability outcome for price.  The recent news that this Reddit group has targeted a number of symbols (GME, AMC, BB, amongst others), as well as SILVER, may change the dynamics/liquidity of the markets very quickly.

Tuesday, February 02, 2021

Microsoft Stock Analysis - Top AI Tech Stocks Investing 2021 / Companies / Microsoft

By: Nadeem_Walayat

Microsoft is currently trading on an EC of 55 up from 50, basically awaiting earnings to play catch up to the stocks earlier spectacular bull run from a low of $131 to a high of $232. Where revenue growth is concerned AI is at it's very heart in terms of it's Azure cloud services platform revenues which are growing at a spectacular pace of approaching 50% per year much as Amazon's growth is increasingly being fuelled by AWS.

Tuesday, February 02, 2021

How Will the Gaming Industry Perform in 2021? / Companies / Gambling

By: Adam_Walker

Tuesday, February 02, 2021

Stock Investment in 2021 — Finding the Best Stocks to Invest in / Stock-Markets / Stock Market 2021

By: Boris_Dzhingarov

Everyone wants to try their luck in the stock market. It gives them the chance to get some extra bucks that they can throw in their savings account. But the stock trading game is not an easy one to play. You have to be really strategic and resilient, and the stock market will be your cash cow.

As a beginner in stock trading, your biggest challenge is to find the best stocks to invest in. The stock market keeps changing every day. There is a wide range of investment opportunities to choose from. You have to pick the one that’s most profitable for you. But how exactly do you do that? Here is a quick guide to get you started.

Tuesday, February 02, 2021

A Beginner's Guide to Online Casinos / Personal_Finance / Gambling

By: Dylan_Moran

 We are living in an era in which people want full autonomy over their lives. The incredible advancements made in technology over the last three decades has resulted in people being able to do more and more things on their own terms. This is reflected in the fact that a growing number of people are working from home or even on the go. Ideally, all of this this should free up more time to spend doing the things we love. But when we said that modern generations want to do things on their own terms, we meant it, and it is not only the case when it comes to work. It is also true when it comes to how we spend our free time and, it is one of the reasons why online casinos have become one of the most popular sources of entertainment in the world.

Tuesday, February 02, 2021

Car Battery Starting Problems - Jump Starter vs Charger vs New Battery Solutions / Personal_Finance / Motoring

By: HGR

Your car won't start because your battery is starting to fail, not enough charge to turn the engine, so what's the quick solution? Here we compare how effective is having a relatively cheap jump starter at hand for when the battery lacks a charge, or a cheap charger to ensure that your ageing battery has enough charge, or whether the best solution is to bite the bullet and get a new battery.

Monday, February 01, 2021

How You Could've Spotted the Start of Silver's Price Slide / Commodities / Gold and Silver 2021

By: EWI

If you're a close observer of the metals market, you know that the price of silver has taken a tumble during the past several days.

Elliott wave analysis was a big help in identifying the price turn, which occurred on Jan. 6.

Indeed, here's a chart and commentary from the Jan. 6 issue of our Monday-Wednesday-Friday U.S. Short Term Update, an Elliott Wave International publication which provides near-term forecasts for major U.S. financial markets:

Monday, February 01, 2021

US Fourth Turning Detonation / Politics / US Politics

By: James_Quinn

“Americans today fear that linearism (alias the American Dream) has run its course. Many would welcome some enlightenment about history’s patterns and rhythms, but today’s intellectual elites offer little that’s useful. Caught between the entropy of the chaoticists and the hubris of the linearists, the American people have lost their moorings.” – Strauss & Howe – The Fourth Turning

“The ancients believed that each cyclical extreme, mirroring the hopes and fears of the other, helps generate the other. The night longs for the day, the day for night. In war, people yearn for relief from strife, leading to peace. In peace, people yearn to champion what they love, leading to war.” – Strauss & Howe – The Fourth Turning

When I started thinking about my annual beginning of the year article in early January, I tried to formulate a catchy title. Knowing we have entered the thirteenth year of this Fourth Turning, with the intensity of the crisis reaching an unparalleled level since November 4, I decided upon Fourth Turning Detonation. I immediately thought that might be too dire and figured I would change it later. After the first few weeks of the new year, I now think it might be grossly inadequate to describe what is coming in 2021.

It is easy to get distracted by the daily gyrations, ceaseless media propaganda, political theater, false narratives, and delusional beliefs of both the left and right, as this military empire built on debt and deceit spirals towards its fiery cataclysmic climax. Opposing forces have gathered themselves into position focusing on defeating their domestic enemies, with the left seeming to have strategic advantage but led by hubristic dullards, while numerous foreign adversaries circle like hungry vultures ready to pounce on the dying beast of an empire.

Monday, February 01, 2021

Biden to Preside Over Another Financial Crisis / Politics / Financial Crisis 2021

By: MoneyMetals

Being put in charge of the U.S. government’s finances in 2021 is a bit like being appointed captain of the Titanic in 1912.

More to the point, trying to avert a financial disaster ahead in the current environment is akin to trying to steer a doomed ship away from a deadly iceberg moments before impact.

By the time the Titanic’s crew had realized the impending danger in front of them, it was too late to change course. The massive ship’s momentum ensured a collision would occur.

President Joe Biden’s incoming U.S. Treasury Secretary will be virtually powerless to change the trajectory of government debt growth – a trajectory that history suggests will end in disaster.

Saturday, January 30, 2021

Land Rover OBD2 II Best Check Engine Code Reader - Nexpeak NX 501 Review, Discovery Sport / Personal_Finance / Motoring

By: HGR

Got an engine management warning light show up on your cars dash board? Before you rush off to the car dealership and pay upwards of £150 to get your codes read then why don't you try a OBD2 code reader. After some research I bought a Nexpeak NX501 off amazon https://amzn.to/36twU54 for 50 quid, then read the short manual and plugged it into my Land Rover Discovery Sport and wow! it WORKED! Find out in my latest money saving video of what it does video and how it could save you hundreds of pounds even prevent you from getting ripped off at a garage when they do unnecessary work!

In my opinion an OBD2 reader is a a must have tool and is CHEAP! Well worth it not just for reading the codes but also monitoring your car from time to time because this gadget does far more than just read the codes. My only regret is that I did not buy one earlier!

Saturday, January 30, 2021

VIX and Defensive Sectors React To Perceived Stock Market Trend Weakness / Stock-Markets / Stock Market 2021

By: Chris_Vermeulen

Since early November 2020, the VIX has continued to decline and consolidate near the 22 level.  Late in December 2020 and beyond, the VIX started setting up series-high price spikes – which indicates a flagging downside pattern is setting up.  You can see this setup across the recent VIX highs drawn in MAGENTA on the chart below.  Additionally, the VIX has “stepped” higher – moving from lows near 19.50 to higher lows near 21.00.  This upward stepping base is indicative of a shift in volatility.

VIX Sets Up Pennant/Flag Pattern

My research team and I interpret this data as a sign that trend weakness is starting to build after the strong rally that initiated in early November 2020.  Although we have not seen any clear sign that the markets are about to reverse or decline, this move in the VIX is suggesting that volatility is increasing. The high price “breakout”, yesterday, in the VIX suggests the MAGENTA flag setup is nearing an Apex/breakout point.

Friday, January 29, 2021

EU Declares WAR On Britain, Demands UK Vaccine Stocks, Implements Export Controls / Politics / BrExit

By: N_Walayat

The Battle for Britain's Vaccine stocks has begun by an incompetent slow to act European Union that has vaccinated in total less than the UK. Facing a shortfall in vaccine supplies due to the highly technical nature of production the EU has effectively declared war on Brexit Britain attempting to seize or steal Britains vaccine stocks due to the fact that Brexit Britain was able to act a good 3 months ahead of the EU in both procurement of orders for hundreds of millions of doses including Oxford AstraZenica's vaccines that are at the heart of the EU's vaccine crisis which Brexit Britain authorised use of during December that a slow to act EU has only authorised on the 29th of January.

Friday, January 29, 2021

Why the Gold Bull Market Will Run for Years / Commodities / Gold and Silver 2021

By: The_Gold_Report

Peter Krauth, the editor of Gold Resource Investor, traces previous gold bull markets and lays out what he believes is in store for the current one.

If we want to make intelligent forecasts and decisions about our future, we need to understand not only where we are today, but also how we got here. So, let's look at previous gold bull markets for some insight on what we might expect from this one.

Gold enjoyed a tremendous bull market in the 1970s. That decade was fraught with geopolitical uncertainty, an oil embargo, and big inflation to name a few. Of course, many of these factors were already in place and building up in the years before, but they came together by the early 1970s.

One of the biggest historical events was when U.S. President Nixon cut the dollar's tie to gold in August 1971. Until then, foreign nations could convert their U.S. dollar holdings to gold upon request. Many began doing so as they saw the U.S. rapidly increase spending, which weakened the U.S. dollar.