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Personal_Finance

Wednesday, July 08, 2020

UK Holidays 2020 - Driving on Cornwall's Narrow Roads to Bude Caravan Holiday Resort / Personal_Finance / Travel & Holidays

By: N_Walayat

Lockdown has ended. So here's what it's like to follow your Google Map Sat Nav to the Bude Caravan Holiday Resort situated about a mile north of Bude Town just off the coast of North Cornwall.

Your Sat nav is going to take you down Maer lane, which just gets narrower and narrower to the point where barely a single vehicle can get through eventually making it to the entertainment centres gates. However the actual entrance to the resort is further along.

A far better entry route to the resort is to just ignore your sat nav and not head down Maer Lane but instead head towards Bude town and wait for your sat nav to recalculate a better route alone the much easier southern track to the resort entrance.

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Companies

Wednesday, July 08, 2020

Five Reasons Covid Will Change SEO / Companies / SME

By: Sumeet_Manhas

The COVID situation has necessarily affected our lives and has changed the way we do or perceive a lot of things. What seemed normal then, seems absurd now. Of all the things that have changed, what changed the most is the way people do business. Today we are speaking to Graham Grieve at A1 SEO Glasgow, who’s website ranks well for competitive terms such as SEO Glasgow, SEO agencies Glasgow and other super competitive terms.

While offline businesses have taken a hit due to lockdown and other restrictions, online businesses are booming. E-commerce is on the rise since everyone is trying to shift their business online. More and more new online stores are opening up each passing day. And as actions have consequences, this will to.

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Personal_Finance

Wednesday, July 08, 2020

What Makes Internet Packages Different? / Personal_Finance / Internet

By: Travis_Bard

Internet plans vary depending on your needs. Internet connections come in five forms – dial-up, cable, DSL, satellite, and fiber.

  • Dial-Up: this is the slowest form of internet connection because it doesn't support broadband and has limited bandwidth.
  • Cable: uses the same types of cable that transmit cable television services. Through cable internet, you have the broadband capability and can reach high speeds. Cable internet is usually available through current or former cable television providers in their respective areas. Cable internet can have fast speeds.
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Commodities

Tuesday, July 07, 2020

Saudi Arabia Eyes Total Dominance In Oil And Gas Markets / Commodities / Crude Oil

By: OilPrice_Com

Saudi Arabia’s Energy Minister Prince Abdulaziz claimed last week that the Kingdom will be the world’s biggest hydrocarbon producer “even” in 2050.

“I can assure that Saudi Arabia will not only be the last producer, but Saudi Arabia will produce every molecule of hydrocarbon and it will put it to good use … It will be done in the most environmentally sound and safe way and the most sustainable way,” Abdulaziz said when asked about the oil market outlook in 2050 during a virtual conference convened by Saudi Arabia’s Future Investment Initiative Institute (FII-I).

Abdulaziz added that Saudi Arabia “will be the last and biggest producer of hydrocarbon even then,” referring to 2050.

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Commodities

Tuesday, July 07, 2020

These Are the Times That Call for Gold / Commodities / Gold & Silver 2020

By: MoneyMetals

As third quarter trading kicks off following a tumultuous first half of the year, investors are hoping for an auspicious July.

Both stocks and precious metals posted impressive advances in the second quarter. The S&P 500 finished the April-June period with a gain of nearly 20%, its best quarterly performance since 1998. The Dow Jones Industrials, meanwhile, posted its best quarter since 1987.

It’s worth noting that in 1998 – and more famously in 1987 – the stock market also suffered a sharp 20%+ decline during the second half of the year.

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Stock-Markets

Tuesday, July 07, 2020

A Reason to be "Extra-Attentive" to Stock Market Sentiment Measures / Stock-Markets / Stock Markets 2020

By: EWI

Extreme investor sentiment, whether bullish or bearish, is often a sign that a financial market is on the cusp of a turn.

Here's the reason: When almost everyone is bullish (or bearish), there's almost no one left to push the market higher (or lower).

Having said that, an extreme market sentiment can become even more extreme before a trend change occurs. So, an investor should not rely solely on sentiment measures when making portfolio decisions. In other words, sentiment measures should be put into context with technical indicators, the Elliott wave model and other factors which an Elliott wave expert may consider important.

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Stock-Markets

Tuesday, July 07, 2020

Stock Market Bears Lose Epic Battle / Stock-Markets / Stock Markets 2020

By: Ricky_Wen

Tuesday’s session played out as an upside trend day where every dip was bought as price action formed higher lows and higher highs. The context is quite clear as both bulls and bears were duking it out for the monthly and quarterly closing print. When one side loses a critical battle and keeps losing on numerous key setups, then it is what it is.

The new main takeaway from the past couple days is that the bears lost an epic battle and now the overall pattern is becoming fairly bullish given the high-level consolidation/channel on the daily and weekly charts. If you recall, the more time that the price action consolidates near the highs, the higher odds it gives the the ongoing bulls because the gummy bears were not able to entice the real, big, bad bears to rotate come into town. If price action keeps sustaining above 3030 on the Emini S&P 500 (ES) in the coming days, then market participants will have to be looking for an eventual breakout to the upside.

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Economics

Monday, July 06, 2020

The Beatings Will Continue Until the Economy Improves / Economics / US Economy

By: John_Mauldin

You can’t live without making certain presumptions. You presume your car will start, your refrigerator will stay cold, and the lights will turn on when you flip the switch.

In fact, you could argue this “predictability” is what separates advanced economies from primitive ones. Most of us don’t have to worry about being attacked in our sleep or having food tomorrow. That security frees us to do other things.

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Economics

Monday, July 06, 2020

The Corona Economic Depression Is Here / Economics / Coronavirus Depression

By: Patrick_Watson

The US economy entered recession at the end of February, according to the economists who officially define such things. But will it get even worse?

In some ways, this is already beyond the 1930s Great Depression. Mass unemployment happened much faster this time and it looks like millions will be jobless for a long time.

We can identify recessions statistically, but “Depression” is fuzzier.

Geopolitics expert George Friedman noted recently that recessions are a cyclical financial process. They’re painful, but the economy recovers. A depression is more than an especially severe recession. It changes the existential reality of daily life. The financial, business, and job consequences are only the beginning.

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Stock-Markets

Monday, July 06, 2020

Stock Market Short-term Peaking / Stock-Markets / Stock Markets 2020

By: Andre_Gratian

Current Position of the Market

 SPX: Long-term trend – Having rallied well past a .618 retracement of the decline into March 2020, it is time to consider the possibility that the retracement was only an interruption of the bull market which originated in 2009.

Intermediate trend Down into mid-July

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 discusses the course of longer market trends

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Commodities

Sunday, July 05, 2020

Gold’s Major Reversal to Create the “Handle” / Commodities / Gold & Silver 2020

By: P_Radomski_CFA

Gold just closed the month and quarter and its performance on the final day of both was very encouraging for the bulls. What’s going on and what changed?

Let’s start with the big picture.

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Commodities

Sunday, July 05, 2020

Gold Market Manipulation And The Federal Reserve / Commodities / Market Manipulation

By: Kelsey_Williams

Some gold bulls have bought in heavily to the argument that gold price suppression has been an ongoing activity for years, even decades. Supposedly, trading in the gold market is manipulated in ways that depress the market price for gold.

Assertions are made that the manipulation takes place in a shroud of secrecy; and the unexpected lower prices for gold, or prices that don’t meet wildly bullish expectations, are cited as evidence of conspiratorial activity.

The claim is made that the price of gold would be much higher if this manipulative trading activity were exposed, acknowledged, and prohibited. But…

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InvestorEducation

Sunday, July 05, 2020

How to use Trendlines to Spot Reversals and Ride Trends / InvestorEducation / Learn to Trade

By: EWI

Hi,

One reason we enjoy our partnership with the folks at Elliott Wave International is because they have a ton of useful content -- and they are glad to share it.

You may remember how back in April, in the middle of the shutdown, they gave you free access to their popular trading e-course, The Wave Principle Applied.

Now, they are doing it again.

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Personal_Finance

Sunday, July 05, 2020

Overclockers UK Custom Build PC Review - 1. Ordering / Stock Issues / Personal_Finance / Computing

By: HGR

This is the first in a series of videos of what to expect when ordering a custom build PC from Overclockers UK (overclockers.co.uk), in terms of build quality and performance. The starting point for which is placing an order, which has not proved straight forward as key components have tended to come in and out of stock and thus it took us a good 2 weeks to actually place the order.

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Personal_Finance

Sunday, July 05, 2020

How to Bond With Your Budgie / Parakeet With Morning Song and Dance / Personal_Finance / Animals & Pets

By: N_Walayat

Here is a good strategy to bond with your budgie early in the morning, Budgies want to stretch their wings, so create a routine where you take them out stretch, jump and run around on your arms and shoulder as they wake up and sing their morning songs to you before they take their first flight of the day.

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Commodities

Friday, July 03, 2020

Silver Price Trend Forecast Summer 2020 / Commodities / Gold & Silver 2020

By: Nadeem_Walayat

Formulating a Trend Forecast

It is clear that Silver is NOT Gold, so NOT to make the mistake of looking at what Gold has done and thinking Silver will replicate that move, it rarely does! At best Silver tends to play catchup towards the end of precious metals bull trends.

Silver is in a strong bull trend off the March low that is targeting resistance at $19 and then $20, beyond which lies $21. The big question mark is can Silver break above resistance or not. Balance of evidence suggests Silver's going to correct before it is able to clear resistance.

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Commodities

Friday, July 03, 2020

Silver Market Is at a Critical Juncture / Commodities / Gold & Silver 2020

By: Clive_Maund

Technical analyst Clive Maund charts his expectations for how silver prices will respond to movement in the stock market.

Much of what is written in the parallel Gold Market update is equally applicable to silver and it will not be repeated here.

Although silver has picked up significantly since its March low it has greatly underperformed gold over the past two years. But this is normal during the earliest stages of a major sector bull market, when gold is favored over silver.

On its 20-year chart we can see that silver remains stuck within a giant base pattern that started to form as far back as 2013. This chart makes clear that once gold breaks out to new highs against the dollar, then silver should break out of this base to enter a dynamic advancing phase.

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Commodities

Friday, July 03, 2020

Gold Stocks Breakout Not Confirmed Yet / Commodities / Gold and Silver Stocks 2020

By: Jordan_Roy_Byrne

Gold has broken out from a two-month-long consolidation (from $1680 to $1770), but the other precious metals markets have not confirmed Gold’s strength.

The gold stocks (GDX, GDXJ) remain below their May highs while Silver remains below significant, multi-year resistance around $18.75. Silver closed Monday at $18.06.

Furthermore, Gold, when priced against foreign currencies, has not broken out. This move has been driven mostly by dollar weakness.

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Commodities

Friday, July 03, 2020

Coronavirus Strikes Back. But Force Is Strong With Gold / Commodities / Gold & Silver 2020

By: Arkadiusz_Sieron

We all fear the second wave of infections. But the U.S. hasn’t even controlled the first one! Bad news for Americans, but good news for gold.

Please take a look at the chart below. As you can see, the epidemiological situation in the United States does not look well. The number of new daily confirmed Covid-19 cases has been rising again since mid-June, which means that coronavirus is far from being contained. Actually, the number of new cases has almost reached a new record level!

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Stock-Markets

Friday, July 03, 2020

Stock Market Russell 2000 Gaps Present Real Targets / Stock-Markets / Stock Markets 2020

By: Chris_Vermeulen

Recent Gaps in price action in the IWM (Russell 2000 ETF) presents a clear picture of future price targets and support/resistances.  Gaps are one of the most common forms of Technical Analysis techniques.  They represent “voids” where price activity has skipped a range of price as it advances or declines aggressively.

Gaps are commonly used as targets for future price activity – where price attempts to “fill the gap”. In Technical Analysis theory, any gap that appears should eventually be “filled” by price in the future.  Thus, any open gap that does not fill is still considered an “open target range”.

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