Sunday, July 12, 2020
Stop Believing The 'Economy' Is The Same As The Stock Market / Stock-Markets / Stock Markets 2020
There are so many fallacies perpetuated and regurgitated throughout the market, yet there is so little time to appropriately address them all.
Of late, almost all the “analysis” or comments you read or hear is based upon a superficial understanding of the market propagated through “common-speak.” And, that is exactly why they all seem to be so confused:
“The stock market is confusing a lot of people right now. It seems simple: news is bad, there's a pandemic for the first time in generations, people are dying, and the economy has taken a beating for the ages. Stocks should go down, right? But they're not. They've recovered so much of their March slide that they've produced the shortest bear market in history. The Dow Jones Industrial Average was in a bear market for just three days.”
Read full article... Read full article...
Sunday, July 12, 2020
Spotify Recealed as The “Next Netflix” / Companies / Internet
By Justin Spittler : A sleeping giant tech stock has awoken. It’s already handing out monster gains. And as I’ll show you today, it’s just getting warmed up.
In fact, it won’t be long before this stock is mentioned in the same breath as hall-of-famers like Netflix (NFLX), Facebook (FB), and Google (GOOG). That’s right. The next great tech stock is growing up before our eyes.
I don’t say that lightly. Within a few years, this company should have over a half billion users and be worth hundreds of billions of dollars.
Read full article... Read full article...
Sunday, July 12, 2020
Getting Ahead of the Game: What Determines the Prices of Oil? / Commodities / Crude Oil
Oil is a commodity that plays an indisputable role in the global economy. At the start of the 20th century, the oil industry went into mass production, thus giving birth to what we refer to as the modern era of oil consumption. Gradually, coal was starting to take a backseat to it and oil became the world’s #1 fuel source and the undisputed king of commodity trading.
To this very day, this remains unchanged. The only question is, what drives the prices of oil?
Read full article... Read full article...
Saturday, July 11, 2020
The Big Short 2020 – World Pushes Credit/Investments Into Risk Again / Stock-Markets / Financial Crisis 2020
One thing is very certain right now – we live in very interesting times. As the world rushes head-first into the 21st Century, it appears one of the most pressing issues before all of us is to navigate the risks and opportunities that continue to stack up ahead of us. Within the first 20 years of this century, the global markets have experienced many shifts and big price rotations. Emerging markets, Oil, Technology, Bio-Tech, Miners, Metals, Currencies, Cryptos – we can look at all of these on a longer-term basis and see a boom cycle and a moderate bust cycle event.
The current trends suggest global investors are pouring capital into the US technology stocks which is what is driving the NASDAQ to new all-time highs. We published this article in late June suggesting a parabolic top pattern may be setting up in the global markets – which may be very similar to the DOT COM peak in 1999~2000 explained here.
Read full article... Read full article...
Saturday, July 11, 2020
The Bearish Combination of Soaring Silver and Lagging GDX Miners / Commodities / Gold & Silver 2020
Silver is moving up quite shortly today, which sounds bullish, until one realizes that silver tends to be particularly strong right before the precious metals market tops. And you know what’s the other thing that quite often happens at the tops, in addition to silver’s temporary strength? Miners tend to underperform. What did gold miners do on the last trading day of the previous week?
Read full article... Read full article...
Friday, July 10, 2020
Stock Market: "Relevant Waves Vs. Irrelevant News" / Stock-Markets / Stock Markets 2020
Let's (again) delve into the connection between the stock market and newsThe stock market is a fractal -- i.e., a self-repeating form at all degrees of trend. Meaning, without the time or price labels, you can't tell if you're looking at a 2-minute chart or at a monthly one.
What's more, stock market trends unfold in repetitive and recognizable price patterns.
What's more, these patterns -- Elliott wave pattens -- emerge regardless of the news.
Friday, July 10, 2020
Prepare for the global impact of US COVID-19 resurgence / Politics / Pandemic
Recently, the US has suffered a series of COVID-19 surges. The escalation won’t stay in America. It is likely to cause collateral damage worldwide.
In early June, U.S. states began to exit from the lockdown measures, even though the epidemic curve had not been adequately flattened. On July 4th, the White House sought for a “return to normal” with a celebration at Mount Rushmore, where President Trump, who has recently associated himself with far-right “white power” extremists, gave a bizarre speech warning about a “new far-left fascism.”
Read full article... Read full article...
Friday, July 10, 2020
Golds quick price move increases the odds of a correction / Commodities / Gold & Silver 2020
Every market corrects, maybe profit taking, maybe of allowing those who missed out, to get in!
The current open interest on the gold contract looks to high after a very fast price move, it looks like 2008 may be repeating. A quick flushing out of the weak hands open interest may take place before a real advance in price takes place. The correction may be on the back of a wider sell off of risk assets (either before of after US elections) as all assets suffer contagion selling (just like 2008).
This blog view is a gold price correction of 10% to 20% range is a buying opportunity. Of course we may see a very minor price correction but a long time correction, a price or time is correction is expected, we shall watch and wait.
Read full article... Read full article...
Friday, July 10, 2020
Declaring Your Independence from Currency Debasement / Currencies / Fiat Currency
Precious metals markets kicked off trading for the third quarter by posting modest declines across the board.
However, the technical bigger picture for gold and silver still looks strong after the metals recorded impressive gains in Q2. Gold finished out the quarter trading at its highest level since 2012. That has bulls anticipating new all-time highs for the monetary metal in the near future.
Even though gold is outperforming the stock market in 2020, it isn’t getting much attention from the Wall Street-centric financial media. We suspect public interest in precious metals will begin to surge once gold hits a new record and trades over $2,000. Then the media will be forced to start paying more attention to the sector.
Read full article... Read full article...
Thursday, July 09, 2020
Tech Stocks Trending Towards the Quantum AI EXPLOSION! / Companies / AI
This is Part 2 of my extensive analysis (Part 1) that concludes in a detailed 15 year stock market trend forecast (Machine Intelligence Quantum AI Stocks Mega-Trend Forecast 2020 to 2035!). The whole of which has first been made available to Patrons who support my work.
- Why Investors Should Buy Deviations against the Bull Market Highs
- The AI Mega-trend - Moores Law is NOT Dead!
- QUANTUM COMPUTERS
- The Quantum AI EXPLOSION!
- Capitalising on the AI Mega-trend
- AI Stocks Mega-trend
- Formulating a AI Stocks Mega Trend Forecast
- AI Stocks Mega-tend 15 Year Trend Forecast Conclusion
- Dow Quick Technical Take
- Getting Started with Machine Learning
- Black Lives Matter Protests To trigger 2nd Covid-19 Wave?
So for immediate first access to ALL of my analysis and trend forecasts then do consider becoming a Patron by supporting my work for just $3 per month. https://www.patreon.com/Nadeem_Walayat.
Read full article... Read full article...
Thursday, July 09, 2020
Gold and Silver Seasonal Trend Analysis / Commodities / Gold & Silver 2020
Gold, silver, and their miners’ stocks suffer their weakest seasonals of the year in early summers. With traders’ attention normally diverted to vacations and summer fun, interest in and demand for precious metals usually wane. Without outsized investment demand, gold tends to drift sideways dragging silver and miners’ stocks with it. Feared as the summer doldrums, sometimes unusual catalysts short-circuit them.
This doldrums term is very apt for gold’s summer predicament. It describes a zone in the world’s oceans surrounding the equator. There hot air is constantly rising, creating long-lived low-pressure areas. They are often calm, with little or no prevailing winds. History is full of accounts of sailing ships getting trapped in this zone for days or weeks, unable to make headway. The doldrums were murder on ships’ morale.
Crews had no idea when the winds would pick up again, while they continued burning through their limited stores of food and drink. Without moving air, the stifling heat and humidity were suffocating on these ships long before air conditioning. Misery and boredom were extreme, leading to fights breaking out and occasional mutinies. Being trapped in the doldrums was viewed with dread, it was a very trying experience.
Gold investors can somewhat relate. Like clockwork heading into most summers, gold starts drifting listlessly sideways. It often can’t make significant progress no matter what trends looked like heading into June, July, and August. As the days and weeks slowly pass, sentiment deteriorates markedly. Patience is gradually exhausted, supplanted with deep frustration. Plenty of traders capitulate, abandoning ship.
Read full article... Read full article...
Thursday, July 09, 2020
Facebook and IBM Tech Stocks for Machine Learning Mega-Trend Investing 2020 / Companies / AI
This analysis will now seek to update potential buying levels for AI stocks during Q2 of where stocks could trade down to in terms of technical support levels during the anticipated general stock market correction of about 15% that should be imminent.
Top 5 AI Stocks are all primary, the ordering of which is arbitrary for instance of the 3 Google, Amazon and Microsoft it's a toss up of which comes first. For instance If I was compiling the list today then I would likely put Amazon at No1 ahead of Google. So keep in mind that the rankings are more in terms of primary, Secondary and Tertiary rather than their number order.
Read full article... Read full article...
Thursday, July 09, 2020
LandRover Discovery Sport Service Blues, How Long Before Oil Change is Actually Due? / ConsumerWatch / Land Rover
When you buy a landrover Discovery Sport your sold a sales pitch that a service is due every 21,000 miles or every 2 years. However, once you start driving the car you soon realise that the sales pitch is BS. The car is just not built well enough to last that long. In fact you will be lucky to make it to 12,000 miles before service is due! In fact googling I see Land Rover have now changed the service interval to every 16,000 miles, which is still too long!
This video illustrates the difference between Landrover's sales pitch and reality, where this car has driven LESS than 4,000 miles since it's last service so what do you think the service counter reads? One would imagine around 15-16,000 miles, get ready to be shocked as most Disco sport owners tend to be!
Read full article... Read full article...
Thursday, July 09, 2020
Following the Gold Stock Leaders as the Fed Prints / Commodities / Gold and Silver Stocks 2020
Gold stocks have led the market for a year, and with economic deceleration and Fed policy response that leadership looks to continue [edit: today’s ‘in the bag’ bounce-back Jobs report does little to alter the economic deceleration theme]
We have been on a bullish gold mining view for over a year now. Over that time there have been three interruptions, the downward-biased consolidation from August to November 2019, the flash crash (and very constructive gap filling mission) in March and most recently the pullback that logically began in May as broad stock market relief started to fan out to more and more momentum chasers who’d finally gotten the hint that the Fed means to devalue the US currency (in competition to a degree with its global counterparts seeking to do the same), making cash a non-viable investment position (other than for risk management to the bullish asset market atmosphere).
Read full article... Read full article...
Thursday, July 09, 2020
Gold RESET Breakout on 10 Reasons / Commodities / Gold & Silver 2020
The entire global financial structure is in the process of faltering, breaking, and crumbling. It is better described as sabotage by the Globalist cabal in league with their fascist partners. As the entire economy fractures, as all debt faces failure, as most assets break down, as countless households struggle, the King Dollar faces a certain sunset, true safe haven will be uniformly sought. Correspondingly, the Gold price is ready to launch onward and upward. It will light the fuse on the Silver price in sequence. Demand will skyrocket, while supply has been limited. Behold the greatest fraud and hoax in the history of mankind behind the corona virus. It is named after the Queen of England, a primary funding partner. She filed a corona virus patent in December 2018, from engineered creation. The COVID-19 entity is far more a fascist project to force political change than actually a virus at all. The disease is a mirage, and exaggerated agent of deep fear and fright. Let it be known that not 5% of the population know what a virus is, how it works, the method to identify, or the best prevention. Ignorance is a great ally to the global cabal.
Read full article... Read full article...
Thursday, July 09, 2020
Fintech facilitating huge growth in online gambling / Companies / Gambling
Advancements in technology have transformed the online gambling industry, allowing it to become one of the most lucrative business sectors in the world.
Experts have estimated that global revenues may top $60 billion in 2020, with future forecasts predicting substantial growth over the next few years.
The boom in online gambling has been driven by numerous factors including the increasing utilisation of fintech for processing payments.
Read full article... Read full article...
Thursday, July 09, 2020
Online Creative Software Development Service Conceptual Approach / Companies / SME
Software development tasks have lots of attractive and user-friendly ideas that can be preceded by following useful tips and tricks. There are many people and businesses minded persons who take interests to choose the best and the top Software development Companies to accept their challenges and want to resolve their demanding work plans with the help of experienced and competent experts. Find perfect instant help and support from the legendary service providers and get 100% guaranteed work response to deliver the right concepts with intellectual service ideas.
Read full article... Read full article...
Wednesday, July 08, 2020
Coronavirus Pandemic UK and US Second Waves, and the Influenza Doomsday Scenario / Politics / Pandemic
Three weeks ago I warned to expect an end to the trends of reducing number of deaths from covid 19 in the wake of black lives matters protests, lack of social instancing and winding down of lockdown's across the US and UK, where the only figure that actually counts in terms of the impact of the virus is in the number of deaths.
Whilst my analysis of Mid March warned to expect several pandemic waves where each subsequent wave 'should' be smaller than the one before due to increased institutional, governmental and individual intelligence on combating the virus..
Read full article... Read full article...
Wednesday, July 08, 2020
States “On the Cusp of Losing Control” and the Impact on the Economy / Economics / Coronavirus Depression
“The future progression of the pandemic remains highly uncertain.”
The Federal Reserve wrote those words to Congress in its recent “Monetary Policy Report.” These are usually rather vague, dry documents on everything the Fed is doing right and what could possibly go wrong. This report is more interesting than usual because so many things have gone wrong and may get even worse.
Not that the Fed has good answers, of course. But here’s what it does know.
Many of the first countries the virus struck—China, South Korea, Japan, New Zealand, Italy, Spain—brought it under control with aggressive lockdowns, testing, contact tracing, social distancing, and isolation of confirmed cases.
Read full article... Read full article...
Wednesday, July 08, 2020
Gold During Covid-19 Pandemic and Beyond / Commodities / Gold & Silver 2020
What a crazy six months! Let’s look at the chart below. As you can see, over the first half of the year, gold gained more than 16 percent, rising from $1,515 at the end of December 2019 to $1,762 at the end of June 2020.
Read full article... Read full article...