Friday, September 25, 2020
Throwing the golden baby out with the covid bath water - Gold Wins / Commodities / Gold & Silver 2020
By: Richard_Mills
The dollar is the most important unit of account for international trade, the main medium of exchange for settling international transactions, and the store of value for central banks. The Federal Reserve is the lender of last resort, as in the 2008–09 financial crisis, and is the most common currency for overseas borrowing by governments and businesses.
Investors want to own dollars when the proverbial poo hits the fan, or a wrench is thrown into the machinery of the global economy - pick your metaphor they all fit the coronavirus crisis.
On Monday the US dollar index, DXY, soared as investors flocked to safety amid a global stock market rout resulting from rising covid-19 cases, especially in the UK and Europe.
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Friday, September 25, 2020
A Look at the Perilous Psychology of Financial Market Bubbles / Stock-Markets / Liquidity Bubble
By: EWI
Investors acknowledge a market bubble but optimism prevents them from seeking financial safety
The months before the 2000 and 2007 stock market peaks saw a measurable rise in news stories that used the phrase "financial bubble."
But instead of selling, many investors kept right on buying.
The logic went something like this: "This bubble could burst one day -- but not just yet."
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Friday, September 25, 2020
Corona Strikes Back In Europe. Will It Boost Gold? / Commodities / Gold & Silver 2020
By: Arkadiusz_Sieron
The number of new daily infections in Europe is rapidly increasing, even reaching new heights in several countries. That is just another reminder that the second wave in fall or winter is upon us.Yes, I know. You are all fed up reading about the coronavirus. And yet, the coronavirus is not fed up with spreading around the globe. The number of new daily infections keeps going up, as the chart below shows.
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Friday, September 25, 2020
How to Boost the Value of Your Home / Housing-Market / Home Improvements
By: Submissions
Giving a new touch is often conducted by people who want to put their house on the market. Starting from renovating rooms or installing a new flooring, it can be a great option to maximize the value of any home. Let’s find out several ideas on how to boost the value of home that can effectively attract people.
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Thursday, September 24, 2020
Key Time For Stock Markets: Bears Step Up or V-Shaped Bounce / Stock-Markets / Stock Markets 2020
By: Ricky_Wen
Tuesday’s session played out as an inside/range day per expectations given Monday’s temporary bottom context. Essentially, price action formed an intraday double top after the RTH open and then bottomed out by 11AM in order to grind up towards 3300 on the Emini S&P 500 (ES) for the rest of the time. The overall range was 3309.5-3256.50 including overnight globex hours.
The main takeaway remains the same as short-term trend on the daily chart remains bearish and this is still treated as a deadcat bounce until further evidence. Today is an important day for bears to turn things around given the context and where price action is hovering just below some key resistance levels such as 3326/3350. Make or break sort of playbook as we’ll be stalking for a southbound train ride soon unless proven otherwise.
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Thursday, September 24, 2020
Five ways to recover the day after a good workout / Personal_Finance / Health and Fitness
By: Sumeet_Manhas
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Wednesday, September 23, 2020
Global Stock Markets Break Hard To The Downside – Watch Support Levels / Stock-Markets / Stock Markets 2020
By: Chris_Vermeulen
RESEARCH HIGHLIGHTS:
- New reports of widespread financial corruption likely triggered the current sell-off.
- Watch out for market support levels to see if this is a short-term correction or the start of a downtrend.
- Support for the DOW is just above 26,000.
- Support for the SP500 is around 3,100.
US and global markets were already under pressure over the past few weeks related to COVID-19 issues and global economic expectations. The technology sector had driven valuations to levels not seen since the DOT COM bubble near the end of August and many of the US Indexes has reached or breached all-time highs again. My research team and I warned followers to “stay cautious” throughout much of the price rally as our proprietary price modeling systems suggests the rally was isolated and not organic. The US Fed has spewed capital into the markets and speculative traders piled into the “excess phase” of the market to drive price levels higher. Take a moment to review these recent research posts to learn more:
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Wednesday, September 23, 2020
Beware of These Faulty “Inflation Protected” Investments / Stock-Markets / Investing 2020
By: MoneyMetals
The Federal Reserve last week reiterated its commitment to an unprecedented inflation-raising campaign.
Specifically, the Fed aims to push the inflation rate above 2% for an extended period.
The risk for investors is that central bankers succeed in their mission to depreciate the currency more rapidly – perhaps even more rapidly than intended or acknowledged in the official (understated) inflation data.
Inflation is a corrosive force that eats away at the real value of savings and investments.
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Wednesday, September 23, 2020
What’s Behind Dollar USDX Breakout? / Currencies / US Dollar
By: P_Radomski_CFA
So far, 2020 has been an incredible and challenging year for the many markets, and that does not exclude gold, arguably one of the most important and most valuable commodities in the world.
The yellow metal’s price is influenced by a myriad of obvious and non-obvious short and long-term factors, such as the long-term turning point and its self-similar pattern. In recent months, we’ve already discussed the presence of gold’s long-term turning point in broad detail. Furthermore, only a couple of weeks ago, we’ve learned about the powerful self-similarity pattern in gold, making sense of similarly shaped patterns in the marketplace over different periods.
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Wednesday, September 23, 2020
Still More Room To Stock Market Downside In The Coming Weeks / Stock-Markets / Stock Markets 2020
By: Avi_Gilburt
With the market dropping two days in a row at the end of this past week, many were scratching their heads as to the reason for the decline. Yet, no clear reason was to be found.
In fact, this past week, the Fed just came out with yet another pronouncement as to how they intend to hold rates at near zero for the next three years.
Did you hear that folks? They intend to hold rates near zero for the next three years, especially as the stock market has recently struck new all-time highs. So, there is absolutely no question in my mind that the Fed is placing itself into a hole from which it will never be able to climb out. But, I will leave that topic for a different article.
In the meantime, for all of you Fed-followers, not only did they state their intentions to keep rates near zero for the next three years, but they even significantly increased their buying this past week to $68 billion in open market operations.
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Wednesday, September 23, 2020
Platinum And Palladium Set To Surge As Gold Breaks Higher / Commodities / Platinum
By: Chris_Vermeulen
RESEARCH HIGHLIGHTS:
- Gold will target the $2,250 level before stalling and attempting another upside price rally targeting $2,500 or higher.
- Silver will target the $33 price level when the current upside move builds enough momentum, then target $38 or higher.
- Our next upside price target for platinum is $1,410, representing a +52.4% upside price target.
- Palladium bottom in March 2020 was near $1,357. We expect a new upside price target for Palladium near $3,663 once it has broken out past current resistance levels.
If you have been following my research for a while, you are already aware of past research posts suggesting Gold and Silver will advance in multiple upside price legs over the next 90+ days. Gold will target the $2,250 level before stalling and attempting another upside price rally targeting $2,500 or higher. Silver will target the $33 price level when the current upside move builds enough momentum, then target $38 or higher.
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Wednesday, September 23, 2020
Key Gold Ratios to Other Markets / Commodities / Gold & Silver 2020
By: Gary_Tanashian
Views of gold in relation to other markets and brief summaries thereof, with a focus on how it relates to the gold mining sector and the inflationary macro to come.
Gold/Silver Ratio
Gold/Silver is in a potential bounce pattern with RSI and MACD positive divergences. A bounce (if applicable) – which would likely come in unison with a counter-trend bounce in USD could accompany more broad market pressure and possibly a brief whiff of deflation. As we’ve noted in NFTRH for much of 2020, silver has trounced gold and that is a bigger picture inflationary signal in the “metallic credit spread” (H/T Bob Hoye).
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Wednesday, September 23, 2020
Watch Before Upgrading / Buying RTX 3000, RDNA2 - CPU vs GPU Bottlenecks / ConsumerWatch / Computing
By: HGR
Nvidia RTX 3000 mania is likely soon to be joined by AMD RDNA2 mania. However, here's why you may in large parts be wasting your money if considering upgrading from your existing GPU, especially if it is a 2000 series RTX or 5000 series AMD, and may not be a wise choice to spend £700 for a new GPU even if your existing card is as old as a GTX 970. That's if you can get hold of a GPU courtesy of extremem demand and the scalpers.
Anyway watch this video first before paying upwards of £650 for the likes of an RTX 3080.
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Tuesday, September 22, 2020
Online Elliott Wave Markets Trading Course Worth $129 for FREE! / InvestorEducation / Elliott Wave Theory
By: EWI
Hi Friends,
One silver lining of the global pandemic is that many of us are taking time to learn something new -- or to sharpen our skills.
Our friends at Elliott Wave International decided early on that they wanted to help people with this task. So, since April, they've been unlocking some of their premium educational online courses.
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Tuesday, September 22, 2020
Gold Price Overboughtness Risk / Commodities / Gold & Silver 2020
By: Zeal_LLC
Gold has been consolidating high since early August, when it rocketed parabolic on colossal gold-ETF demand. That 6-week-old sideways drift has worked off some greed and overboughtness, but plenty still remains. So gold isn’t out of the woods yet for this essential sentiment-rebalancing selloff. With residual overboughtness still extreme, gold faces considerable downside risk heading into its biggest seasonal selloff.
Across the financial markets, absolute price levels usually don’t matter much in technical and sentimental terms. Though they are important fundamentally. Supply and demand always converge to drive prices to sustainable levels, and over time traders come to accept them as normal. But how fast prices surged or plunged to current prevailing levels is exceedingly important, greatly affecting their short-term staying power.
The faster prices soar, the more excited traders grow about chasing that profitable upside momentum. As their greed flares and morphs into euphoria, they throw increasing amounts of capital at the fast-climbing prices. But such big and aggressive buying is never sustainable for long. Soon greed sucks in everyone interesting in buying anytime soon, exhausting their capital firepower. The price peaks leaving only sellers.
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Tuesday, September 22, 2020
Central Banking Cartel Promises ZIRP Until at Least 2023 / Interest-Rates / Negative Interest Rates
By: MoneyMetals
Gold and silver investors who were hoping Wednesday’s FOMC meeting would be a catalyst for a major breakout move were largely disappointed.
The metals complex didn’t see an immediate boost from the Federal Reserve’s dovish policy meeting. Still, the central bank’s commitment to an accommodative monetary policy is set to play out not just over the course of a week, but of years to come.
On Wednesday, the Federal Reserve announced it would continue to hold its benchmark interest rate near zero. That came as no surprise.
However, the extent of the Fed’s commitment to avoid any rate hikes in the future raised the eyebrows of many veteran observers of monetary policy. Not only did members of the central banking cartel vow to keep rates down for the remainder of the year. They also signaled there would be no rate hikes in 2021.
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Tuesday, September 22, 2020
Stock Market Correction Approaching Initial Objective / Stock-Markets / Stock Markets 2020
By: Andre_Gratian
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: Potential intermediate correction in progress.
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.
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Monday, September 21, 2020
Silver Bulls Will Be Handsomely Rewarded / Commodities / Gold & Silver 2020
By: The_Gold_Report
Peter Krauth outlines the reasons he believes the price of silver will continue to rise. They say patience is a virtue.
Well, if anyone is virtuous these days, it has to be silver bulls.
They also say good things come to those who wait. I believe those good things will be coming…in spades.
Silver reached just shy of $50 back in April 2011. A decade later, we're still just barely above half that level.
But that's all about to change.
Since bottoming in March, gold has rocketed to a new all-time high near $2,070 in early August, up 40%.
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Monday, September 21, 2020
Fed Will Not Hike Rates For Years. Gold Should Like It / Commodities / Gold & Silver 2020
By: Arkadiusz_Sieron
The latest FOMC statement and economic projections signal are that the interest rates will stay at zero until the end of 2023. This is excellent for gold.Yesterday, the Fed issued a statement regarding the FOMC meeting, which was held from September 15-16. The US central bank kept the interest rates and the conditions of its quantitative easing unchanged. The chart below shows the levels of effective federal funds rate and the Fed’s balance sheet.
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Monday, September 21, 2020
US Financial Market Forecasts and Elliott Wave Analysis Resources / Stock-Markets / Financial Markets 2020
By: EWI
Dear Reader,
Volatility has returned -- and, most likely, it will only heat up from here.
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