Saturday, August 15, 2020
Adaptive Fibonacci Price Modeling System Suggests Stock Market Peak May Be Near / Stock-Markets / Stock Markets 2020
Our Adaptive Fibonacci Price Modeling system is suggesting a moderate price peak may be already setting up in the NASDAQ while the Dow Jones, S&P500, and Transportation Index continue to rally beyond the projected Fibonacci Price Expansion Levels. This indicates that capital may be shifting away from the already lofty Technology sector and into Basic Materials, Financials, Energy, Consumer Staples, Utilities, as well as other sectors.
This type of a structural market shift indicates a move away from speculation and towards Blue Chip returns. It suggests traders and investors are expecting the US consumer to come back strong (or at least hold up the market at least) over the next 6+ months.
Read full article... Read full article...
Saturday, August 15, 2020
With Gold Above $2,000, Bulls Triumph! What’s Next? / Commodities / Gold & Silver 2020
The triumph of the gold bulls has finally come, as gold jumped above $2,000. But what’s next for the shiny metal?
Well, that escalated quickly! At the end of July, when gold was still below $1,900, I went on a short vacation, and when I’m back, the yellow metal is above $2,000. Whoa, it was a real blitzkrieg! Just please take a look at the chart below – as you can see, gold soared in early August, surpassing the psychologically important level of $2,000 per ounce.
Saturday, August 15, 2020
Stock Market, Asset Price Crash Dead Ahead / Stock-Markets / Stock Markets 2020
An All-Asset Price Crash (AAPC) might be the next “Wow! Can you believe it?”
In the meantime, whether it be stocks, bonds, gold, or oil, investors are licking their chops and counting their profits before they are booked. And, they have reason to gloat. Let’s see what all the noise is about.
STOCKS
Since the stock market lows less than five months ago, the Nasdaq Composite Index is up sixty-six percent. At its most recent intraday high of 11,126, it is nearly twelve percent higher than it was before falling by one-third this past March.
Any fears from investors about “technical damage” created by the previous price collapse have been swallowed up by the recent huge gains in the index. Here is what it looks like on a 5-year chart…
Read full article... Read full article...
Saturday, August 15, 2020
NASDAQ vs. DJIA: Does the Recent Divergence Matter? / Stock-Markets / Stock Markets 2020
"The NASDAQ nearly doubled in the last 100 days of its rally."
This quote sounds like it's from 2020, doesn't it?
After all, since its March bottom near 6600, the NASDAQ has rallied to a new record high. Low to high, it has indeed "nearly doubled."
And yet, the quote above is not new. It's from the year 2000.
It appeared in Financial Forecast, a monthly publication by our friends at Elliott Wave International covering stocks, bonds, the dollar, gold, the economy and more.
Read full article... Read full article...
Friday, August 14, 2020
AMD Ryzen 4900x / 5900x and 4950x / 5950x Zen3 4th Gen IPC and Clock Speed and Core Specs / Personal_Finance / Computing
Its not going to much longer before we AMD's big reveal it's Intel crushing 7nm Zen 3 processors with my focus on what to expect for the top 2 Ryzen processes i.e. currently the 3900x and the 3950x. Back in May I speculated that Zen 3 should see a IPC gain of at least 15% and possibly as high as 22%. We are still on track for at least 15% gains. I also speculated that we could see a jump in core counts i.e. 4950x jumping from 16 to as many as 24. Unfortunately that was just wishful t6hinking on my part as since there has been nothing to suggest that there will be even a 20 core Ryzen processor let alone 24 core .
Also it looks like AMD has learned it's lesson from it's recently launched APU confusion, with the G chips being 4000 series processors despite being based on Zen 2 rather than Zen 3,. So its probable that Zen 3 naming will be 5000 series processors rather than 4000. Which means for instance a 4950x becomes 5950x, which is what I have my eye out for my next system build, especially if it can be over clocked.
Read full article... Read full article...
Friday, August 14, 2020
Stock Market Gap Fills Suggests Market Momentum May Stall / Stock-Markets / Stock Markets 2020
Technical Analysis teaches us that price Gaps tend to be filled by future price action. This is not something new for many of our readers, whom may be familiar with our mantra ‘Gaps always get filled!’. The big Gap created near February 24, 2020, the start of the COVID-19 market collapse, has recently been filled in the SPY and the TRAN (Transportation Index). We believe this “filling of the Gap” may be a sign that the upside market trend may begin to stall and potentially reverse.
Yesterday, we highlighted the potential for a continued upside bullish trend in the SPY pushing possibly 2% to 4% higher based on our Measured Move technique in our article entitled “President Trump Signs Additional Covid Relief – What to Expect From the Markets“. Today, with the TRAN gapping higher to fill the February 24, 2020, price Gap, we believe the upside move may be exhausting itself and nearing a period of congestion or reversal.
Read full article... Read full article...
Friday, August 14, 2020
Silver May Be Overextended – But It’s STILL Cheap / Commodities / Gold & Silver 2020
Silver prices aren’t just rising; they’re erupting!
Silver has been ascending at a far steeper rate than the climactic move of 2010-2011 which briefly brought prices back up to all-time nominal highs.
Adding a 20-week rate of change (ROC) indicator to the silver futures chart below shows prices gaining 122.4% over that period – far exceeding the rate of ascent of the last big silver spike.
Read full article... Read full article...
Friday, August 14, 2020
A Short Guide To Making Your First Stock Market Investment / InvestorEducation / Learning to Invest
Global financial markets have become increasingly volatile amidst the turmoil caused by the ongoing COVID-19 pandemic. This year the FTSE100 saw some of its biggest losses since the stock market crash of 2008. Sure, it sounds a bit like a doomsday scenario, and for some investors, this may very well be the case. On the flipside, however, is that market falls are often the best time to find yourself a good bargain. For the novice investor, the time may be perfect to make your first foray into the stock market as long as you follow a few golden rules.
Read full article... Read full article...
Friday, August 14, 2020
Is Tech Reality Affects our Dating Possibilities? / Personal_Finance / Internet
...
Thursday, August 13, 2020
Will You Make Money in the New Silver Bull Market ? / Commodities / Gold & Silver 2020
Tonight lets take a look at the bad boy of the PM complex, silver. If you’ve been following silver for any length of time then you know it can be aggravating at times as we’ve seen fairly recently when gold and the PM stocks have been running pretty hot to the upside while silver just sat there doing its job of frustrating as many investors in the PM complex as it could. Finally, three weeks ago silver broke out above overhead resistance and decided to join the party.
Tonight I’m going to start with a few long term charts for silver. It’s these long term charts we need to understand first so we know where silver has been trading and where it is likely to go based on the Chartology which has been guiding us pretty well so far since what will now be called the March 2020 low in the years ahead.
This first chart is a ratio combo chart which has the GOLD:SILVER ratio on top with gold just below followed by silver with the XAU on the bottom. Everyone has their own interpretation of how they like to analyze that ratio. I have my own thoughts on how I like to view the ratio chart and how to use it in deciding if the PM complex is in a bull or bear market. We’ve discussed many times is the past that knowing if you’re in a bull or bear market is the single most important aspect of trading the intermediate to long term trends.
Read full article... Read full article...
Thursday, August 13, 2020
Hyper-Deflation Capital Destruction And Gold & Silver / Commodities / Gold & Silver 2020
When aggregate demand contracts, debts default, credit tightens, the velocity of money plunges, deflation ensues and capital, i.e. circulating credit and debt, is destroyed. In the extreme state of hyper-deflation, central bankers try to offset fatally accelerating capital destruction by creating even more money to replace that which is being destroyed.
The United States printed more money in June than in the first two centuries after its founding.
Cointelegraph, July 31,2020
Read full article... Read full article...
Thursday, August 13, 2020
Stock Market Correction Approaching / 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.
SPX Intermediate trend: We should be approaching an important high, with confirmation coming over the near term.
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...
Thursday, August 13, 2020
Silver Took the Stairs to $21 in 2008, Took the Escalator to $29 in 2010. Is Silver on the Elevator to the 120th floor today? / Commodities / Gold & Silver 2020
Disclaimer: The following is my opinion and is not intended as investment advice. I don’t know anything about bulls, bears, cycles, resistance, daily, weekly, monthly charting, micro or macro fundamentals and especially indicators like the EROI.
I have been waiting for Silver to take off since 2005 when I was sure the economy and the dollar were going to collapse. [1]
The economy should have gone south in 1980 when the Twins showed up. The twin deficits is a phenomenon wherein both the federal government’s balance and that country’s trade balance nosedive into negative territory.
Read full article... Read full article...
Thursday, August 13, 2020
President Trump Signs Additional COVID Relief – What To Expect from the Markets / Stock-Markets / Stock Markets 2020
Up until the end of the last week, Republicans and Democrats were locked in heated negotiations regarding the size and scope of pending COVID-19 relief efforts. Our researchers had little hope that any negotiations would be successful given the two sides were so far away from one another in terms of wants and wishes.
On Saturday, August 8, 2020, President Trump signed a new Executive Order (and memorandums) to provide additional relief from the coronavirus that continues to spread in the US and around the world. These measures provide for as much as $400 in enhanced unemployment payments, and also offer Americans with temporary payroll tax relief, student loan deferments, and assistance to homeowners and renters.
Read full article... Read full article...
Thursday, August 13, 2020
Has Gold's Upward Drive Come to an End? / Commodities / Gold & Silver 2020
Following the July 08, 2020 Market Minute titled: What is driving gold up?. We highlighted the main factors pushing gold prices upward. Are those factors still there? And if so, how much further is the precious metal going to rise (Chart 1)?
Read full article... Read full article...
Thursday, August 13, 2020
YouTuber Ads Revenue & How to Start a Career on YouTube / Personal_Finance / Money Making
Technology has changed the way people earn money. Influencers, YouTubers, social media personalities make money by simply talking to a camera, and creating funny content. YouTube places ads on the videos, which helps companies and the YouTubers get cash quickly. This is the dream job, and one many aspire to have. There are many ways to become famous on YouTube. People can even buy YouTube subs to get started (more information can be found at SocialBoss.org). Consult this guide to learn more about how much money YouTubers make and how to become a YouTuber.
Read full article... Read full article...
Wednesday, August 12, 2020
Silver Notches Best Month Since 1979 / Commodities / Gold & Silver 2020
Silver prices continue to gain this week, rising off the biggest monthly rally since 1979, amid a slew of factors that are pushing precious metals higher.
As of this writing, silver was nudging $27 an ounce, adding more momentum to its steep climb above $20, which began around the third week of July.
Silver last month gained an astonishing 35%, as investors sought shelter from pandemic turmoil and low or negative interest rates, while industrial demand for the metal recovered in some parts of the world. Its July performance, seen in the hockey stick-shaped graph below, makes silver the darling of the commodities complex.
Read full article... Read full article...
Wednesday, August 12, 2020
Silver Shorts Get Squeezed Hard… What’s Next? / Commodities / Gold & Silver 2020
The extraordinary run up in precious metals markets continues as silver makes some truly epic percentage gains while gold pushes further into record territory.
As of Friday morning, gold prices had pulled back but are still up 3.1% for the week to trade at $2,044 per ounce. Gold is advancing now for the ninth consecutive week, with the biggest pops occurring over the past three.
Silver, meanwhile, is going nearly vertical, today’s pullback to $28 notwithstanding. This week alone, the white-hot metal shot up a staggering 18% through Thursday’s trading to close at over $29 an ounce.
Read full article... Read full article...
Wednesday, August 12, 2020
A Tale of Two Precious Metal Bulls / Commodities / Gold & Silver 2020
This week gold prices have smashed one record after another, well surpassing the previous high set in 2011, of $1,920 an ounce.
At time of writing, spot gold’s last bid was $2,064.10.
The usual suspects are behind the surge, ie., worrisome covid-19 infections, geopolitical concerns especially US-China tensions over trade (President Trump tried to force China-owned TikTok into selling its US operations) and the South China Sea, fears of inflation on the back of unlimited monetary stimulus, and low interest rates worldwide.
Bullion prices have climbed more than 30% year to date, as investors choose gold as a safe haven amid widespread economic uncertainty created by the pandemic. They believe gold will hold its value better than other assets such as stocks and bonds.
Read full article... Read full article...
Wednesday, August 12, 2020
Stock Market Melt-Up Continues While Precious Metals Warn of Risks / Stock-Markets / Stock Markets 2020
What a week for Metals and the markets, folks. The Transportation Index is up nearly 4% for the week. The Dow Jones Industrial Average is up over 3% for the week. Silver is up over 14% and reached a peak near $30 (over 23%). Gold is up over 2.5% and trading above $2025 right now – with a peak price level near $2090. If you were not paying attention this week, there were some really big moves taking place.
Read full article... Read full article...