Friday, October 16, 2020
Why You Should Focus on Growth Stocks Today / Commodities / Gold and Silver Stocks 2020
By Justin Spittler : My friend who’s a novice investor asked for advice recently. He was “bargain hunting” for cheap stocks, and trying to decide between buying Kohl’s (KSS) or ExxonMobil (XOM).
I cringed. “Listen,” I told him. “You’re thinking about this all wrong.”
I get where my friend is coming from. From childhood we’re taught to be financially prudent. To seek bargains and avoid spending money on expensive things.
In most areas of life this is smart advice. Drive a reasonable car, live in a reasonable house, book reasonable vacations with your family. But there’s one big problem.
Read full article... Read full article...
Friday, October 16, 2020
Why Now is BEST Time to Upgrade Your PC System for Years - Ryzen 5000 CPUs, Nvidia RTX 3000 GPU's / Personal_Finance / Computing
Now is one of the best times to upgrade to a new PC for many years following release of the AMD's Ryzen 5000 CPU's, Nvidia's ETX 3080 GPU's and soon to be joined by AMD's Big Navi GPU's
And here's my system build to last me for the next 5 years! A 5950x, RTX 3080, 64gb ram system spec and costed for under £3000 that I am to get within the next couple of months once stock for the RTX and Ryzen 5000 materialises.
Read full article... Read full article...
Thursday, October 15, 2020
Beware of Trump’s October (November?) Election Surprise / ElectionOracle / US Presidential Election 2020
Recently, President Trump tested positive for COVID-19, which initiated contact tracing in the infected White House – after nine months of failed pandemic leadership, violations of basic public-health procedures, premature exits from the lockdowns and earlier-than-anticipated secondary waves.
The consequences have been severe. The number of Americans that have perished in the pandemic (close to 220,000) is already nearly four times higher than the total of US deaths in the Vietnam War.
Read full article... Read full article...
Thursday, October 15, 2020
Stock Market SPY Retesting Critical Resistance From Fibonacci Price Amplitude Arc / Stock-Markets / Stock Markets 2020
RESEARCH HIGHLIGHTS:
- We continue to monitor the $339.50 level as a key resistance level.
- Our weekly SPY chart is showing that the Fibonacci Price Amplitude Arc resistance level is acting as a ceiling for price and a downward trend in the Momentum indicator.
- The current rally in price may simply be another Bull-Trap set up in a typical “R” price formation near our Fibonacci Price Amplitude Arc resistance level.
- A SPY breakout or rally above $339.50 pushes us closer to the all-time highs, which could then could prompt a new breakout/rally in price.
My research team and I have been watching with keen interest how the markets have continued to trend sideways since setting up a major price peak on September 2, 2020. We’ve continued to suggest general market weakness in the US major indexes was likely to take place after nearly all of the US major indexes rallied above the February 2020 price highs. Our bigger concern was that a “Bull Trap” was setting up just 60+ days before the US elections.
Read full article... Read full article...
Thursday, October 15, 2020
Fed Chairman Begs Congress to Stimulate Beleaguered US Economy / Economics / US Economy
Precious metals investors faced choppy market seas this week. Gold bobbed to a slight decline while silver essentially treaded water through Thursday’s close. Both are advancing strongly today.
Metals markets are being overshadowed by equities markets. The S&P 500 broke out to a 5-week high on Thursday. The rally comes on a rising tide of Federal Reserve liquidity coupled with on again, off again hopes for a stimulus deal in Washington.
More stimulus is definitely coming. The only question is how many trillions and whether they get dished out before or after the election.
Read full article... Read full article...
Thursday, October 15, 2020
Is Gold Market Going Back Into the 1970s? / Commodities / Gold & Silver 2020
They say that time travels are impossible. But we just went back to the 1960s! At least in the field of the monetary policy. And all because of a new Fed’s framework. So, please fasten your seat belts and come with me into the past and present of monetary policy – to determine the future of gold!At the end of August 2020, the Fed has modified its Statement on Longer-Run Goals and Monetary Policy Strategy – for the first time since its creation in 2012. As a reminder, the Fed will now target not merely a 2 percent rate of inflation, but an average inflation rate of 2 percent, which allows overshooting after the periods of undershooting. So, the Fed will try to compensate for periods of low inflation with periods of high inflation . Hence, on average , we will see a more accessible monetary policy and higher inflation - Good news for the gold bulls.
Read full article... Read full article...
Thursday, October 15, 2020
Things you Should know before Trade Cryptos / Currencies / BlockChain
...
Wednesday, October 14, 2020
Gold and Silver Price Ready For Another Rally Attempt / Commodities / Gold & Silver 2020
After nearly three weeks of sideways/downward price action in Gold and Silver, our researchers believe both metals have already set up another breakout/rally attempt after breaching downward resistance (shown as the downward sloping CYAN line). This could be another huge opportunity for precious metals traders as the next move higher should prompt a rally above recent highs. That means a target price level in Gold above $2100 and a target price level in Silver above $30.50.
ARE METALS POISED TO RALLY TO NEW HIGHS SOON?
The deep price retracements recently in both Gold and Silver have come from news events. First, the EU Banking Report that destroyed the market on September 21. Then, just recently, the news that President Trump contracted COVID-19. The resilience in both Gold and Silver near these recent lows suggests demand for metals is still skyrocketing – otherwise, we believe much deeper price lows would have been reached.
Read full article... Read full article...
Wednesday, October 14, 2020
Stock Market Digestion After Decisive Bullish Trend Day / Stock-Markets / Stock Markets 2020
Monday was a "gap up and go" session that did not look back in the rearview mirror as price action was able to decisively break above 3500s on the Emini S&P 500 (ES). This is the 78.6% retracement of the entire drop (3587-3198).
In addition, the market made its way into the 3540s area, which was also a key level around the 88.6% retracement. All in all, it was a decisive daily bullish trend day that also managed to close above two standard deviation channel highs.
Read full article... Read full article...
Wednesday, October 14, 2020
Do Low Interest Rates Mean Higher Stocks? Not so Fast… / Stock-Markets / Stock Markets 2020
"Rates Down, Stocks Up"? Myth ... Busted!
Let's address widespread assumptions about interest rates and the stock market
There's a widespread belief that rising interest rates are bad for stocks and a lower interest rate trend is good for stocks.
The reasoning behind that belief is that bonds compete with stocks for investment funds. Hence, the higher the yield investors can get from bonds, the less attractive stocks become and vice-versa.
This assumption sounds logical, but in reality, stock market investors do not take their cue from rising or falling yields (or interest rates).
Read full article... Read full article...
Wednesday, October 14, 2020
US Debt Is Going Up but Leaving GDP Behind / Interest-Rates / US Debt
We have plenty of evidence that US debt will balloon to $50 trillion by 2030, maybe more. Many smart people conclude that, in the meantime, the federal debt isn’t a problem.
Looking at the numbers as a percent of GDP—and considering the CBO long-term forecasts out to 2050—Sam Rines, whom I greatly respect, writes this:
"In its latest round of projections, by far the most intriguing portion of the analysis related to the dynamics around the US federal debt load. The US debt load has increased dramatically due to the response to COVID, but the ability to service the US debt load is actually improving.
Wednesday, October 14, 2020
Dell S3220DGF 31.5 Inch VA Gaming Monitor Amazon Prime Day Bargain Price! But WIll it Get Delivered? / Personal_Finance / Shopping
I have been wanting to buy a pair of these 31.5inch curved screen Dell gaming monitors for some time, but the price was never right, that is not until Prime Day which saw the price drop from £415 to £379! So no time wasting I immediately bought 2! Though subsequent to purchase it's not clear how soon I well get them delivered. Anyway I've bought 2 at a bargain price that still stands for at least the remainder of Prime Day 2020!
So if your on the look out for a GOOD 32 inch gaming monitor, then the Dell S3220DGF in my opinion is one of the best especially at the current discounted price for £379.
UK - Dell S3220DGF £379 - https://amzn.to/2Io4MHn
US - Dell S3220DGF$450 - https://amzn.to/2H6hz0p
Read full article... Read full article...
Wednesday, October 14, 2020
Karcher K7 Pressure Washer Amazon Prime Day Bargain 51% Discount! / Personal_Finance / Shopping
I was looking to buy the Karcher K4, at around £190, but no price cut there, so disappointed I looked to see if there were any price cuts and low and behold the more powerful K7 had been cut in price, apparently discounted by 51%, don't know what maths Amazon is using but still the price drop from £425 to £340 is real and significant.
So if your looking for a good pressure washer at a deep discount to it's regular price then check out the K7 before Prime Day is over!
UK - Karcher K7 £340 - https://amzn.to/3dpE10D
US - Karcher $362 - https://amzn.to/33VA4Og
Read full article... Read full article...
Wednesday, October 14, 2020
Top Strategies Day Traders Adopt / InvestorEducation / Learn to Trade
Day trading is an act where you buy and sell financial instruments on the same day. You can also decide to trade multiple times during the course of the day. In the day trading, investors take advantage of the small prices, and results can be lucrative after playing correctly. However, this is a dangerous game, especially for those who are not familiar or inexperienced investors. It is a threat to an investor who utilizes it without having a well-thought strategy.
Day trading does not suit all brokers. But some brokers are designed to have day trade in their mind such as day-traders.net that accommodates investors who want to day trade.
Read full article... Read full article...
Tuesday, October 13, 2020
AMD is KILLING Intel as Ryzen Zen 3 Takes Gaming Crown, AMD Set to Achieve CPU Market Dominance / Companies / INTEL
Last week we had another huge reminder of why Intel's stock price has been stagnating for the past 3 years whilst at the same time competitor AMD's stock price has soared into the stratosphere.
Read full article... Read full article...
Tuesday, October 13, 2020
Amazon Prime Day Real or Fake Sales to Get Rid of Dead Stock? / ConsumerWatch / Amazon
It's Prime Day! And with my list of items at hand I was quick to press the refresh button to see what discounts Prime Day would bring to items that I actually wanted to buy that ranged from a Karcher Pressure washer to 32inch curved gaming monitors to a 360' camera.
Find out if Prime Day turned out to be the real deal or if it was largely a fake sale to get rid of dead stock that most people would not be interested in.
Firstly to capitalise on Amazon Prime Member you will need to be a a Prime Member, don't worry you can sign up to a 30 day free trial by following these links.
Read full article... Read full article...
Tuesday, October 13, 2020
Stock Market Short-term Top Expected / Stock-Markets / Stock Markets 2020
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. Where we go from here and how far will be gauged after the September-October correction.
SPX Intermediate trend: Intermediate correction nearly over?
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.
Read full article... Read full article...
Tuesday, October 13, 2020
Fun Stuff to Do with a Budgie or Parakeet, a Child's Best Pet Bird Friend / Personal_Finance / Animals & Pets
Parakeets or Budgies are social birds who love to play. They crave interaction with other birds or humans, so if you bring home just one pet budgie, you can become his buddy. Eliza's best pet bird friend.
Read full article... Read full article...
Tuesday, October 13, 2020
Who Will Win the Race to Open a Casino in Japan? / Personal_Finance / Gambling
...
Monday, October 12, 2020
Fear Grips Stock Market Short-Sellers -- What to Make of It / Stock-Markets / Stock Markets 2020
"This is easily the lowest wager against rising S&P rises" in the history of the data
As you may know, short-selling a stock means that a speculator is betting that the price will go down.
This is a lot riskier than taking a "long" position in a stock -- or, betting that the price will go up.
The reason why is that the most a speculator can lose by going long is 100% of his investment -- say, if a company goes out of business. However, the losses a short-seller can suffer is potentially unlimited, in other words, short-sellers can lose way more than their initial investment.
Read full article... Read full article...