Thursday, May 28, 2020
Stocks: What to Make of the Day-Trading Frenzy / Stock-Markets / Stock Markets 2020
By: EWI
Many stock market investors believe that prices have already bottomed. Numerous banks, brokers and financial firms have issued statements saying as much.
Indeed, the May Elliott Wave Theorist, a monthly publication which has offered analysis of financial and social trends since 1979, noted:
On April 28, Bloomberg interviewed four money managers to answer the question of "Where to Invest $1 Million Right Now." Cash was not mentioned.
All these professional financial observers might be right in their assessment that the bottom is in for stocks.
Then again, the stock market rise since the March 23 low might be a bear-market rally.
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Thursday, May 28, 2020
Ray Dalio Suggests USA Is Entering A Period Of Economic Decline And New World Order / Economics / Coronavirus Depression
By: Chris_Vermeulen
We find it interesting how researchers attempt to compare history, sometimes ancient history, to the applicable functions of today’s world and to attempt to translate the decline of empires in the past to what is happening in today’s world. Ray Dalio appears to be suggesting the rise of the Chinese economy and economic capabilities is going to threaten to unseat the US as a world super-power.
Within Ray Dalio’s article, he suggests the following which seems to sum up his cycle theory:
“In brief, after the creation of a new set of rules establishes the new world order, there is typically a peaceful and prosperous period. As people get used to this they increasingly bet on the prosperity continuing, and they increasingly borrow money to do that, which eventually leads to a bubble. As the prosperity increases the wealth gap grows. Eventually the debt bubble bursts, which leads to the printing of money and credit and increased internal conflict, which leads to some sort of wealth redistribution revolution that can be peaceful or violent. Typically at that time late in the cycle the leading empire that won the last economic and geopolitical war is less powerful relative to rival powers that prospered during the prosperous period, and with the bad economic conditions and the disagreements between powers there is typically some kind of war. Out of these debt, economic, domestic, and world-order breakdowns that take the forms of revolutions and wars come new winners and losers. Then the winners get together to create the new domestic and world orders.”
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Thursday, May 28, 2020
Europe’s Coronavirus Pandemic Dilemma / Politics / Pandemic
By: Dan_Steinbock
In the ongoing battle against the global pandemic, belated responses will result in huge human costs and massive economic damage. In Europe, losses are climaxing in the 2nd quarter of 2020.
Before advanced economies – including those in Europe - began to flatten the epidemic curve, they fattened it for 6-8 weeks. These COVID-19 delays will prolong the global pandemic and cause secondary waves of imported infections and residual clusters both in Europe and worldwide (for the full story, see my report on the historical COVID damage: https://www.differencegroup.net/coronavirus-briefs ).
In the United States, the Trump administration's futile effort to “protect the economy” (read: the markets) backfired disastrously. The European Union was more willing to battle the virus but was unable to do so proactively because it lacks the needed common institutions for effective response.
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Thursday, May 28, 2020
I Can't Pay My Payday Loans What Will Happen / Personal_Finance / Debt & Loans
By: Sumeet_Manhas
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Wednesday, May 27, 2020
Why Stocks Bear Market Rallies Are So Tricky / Stock-Markets / Stocks Bear Market
By: EWI
Many stock market investors believe that prices have already bottomed. Numerous banks, brokers and financial firms have issued statements saying as much.
Indeed, the May Elliott Wave Theorist, a monthly publication which has offered analysis of financial and social trends since 1979, noted:
On April 28, Bloomberg interviewed four money managers to answer the question of "Where to Invest $1 Million Right Now." Cash was not mentioned.
All these professional financial observers might be right in their assessment that the bottom is in for stocks.
Read full article... Read full article...
Wednesday, May 27, 2020
Precious Metals Hit Resistance / Stock-Markets / Stock Markets 2020
By: Jordan_Roy_Byrne
The precious metals sector may have begun a correction on Wednesday.
The miners (GDX, GDXJ) sold off after reaching significant resistance levels while the metals are trading just below significant resistance levels.
We mentioned these targets in our article last week.
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Wednesday, May 27, 2020
Crude Oil Cuts Get Another Saudi Boost as Oil Demand Begins to Show Signs of Life / Commodities / Crude Oil
By: The_Energy_Report
Though gasoline demand remains historically weak, commuters are beginning to head back to their offices, opting for the isolation of their personal vehicles and abandoning public transit, reports McAlinden Research.
Saudi Arabia enhanced their commitment to OPEC+ supply cuts as the Kingdom said they'd shut production of additional 1 million barrels of crude oil per day next month. Most of the OPEC+ countries have already come close to compliance with the deal that took effect this month and cuts from non-member states like Norway, Brazil, Canada, and the US are compounding the already steep curbs on production. Though gasoline demand remains historically weak, commuters are beginning to head back to their offices, opting for the isolation of their personal vehicles and abandoning public transit.
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Wednesday, May 27, 2020
Where the Markets are heading after COVID-19? / Stock-Markets / Financial Markets 2020
By: Submissions
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Wednesday, May 27, 2020
Predictive Modeling Suggests US Stock Markets 12% Over Valued / Stock-Markets / Stock Markets 2020
By: Chris_Vermeulen
Our Adaptive Dynamic Learning (ADL) predictive modeling system has called some incredible moves over the past 24+ months. It predicted the moves in Gold moving from $1340 to $1750 – including many of the trend changes that took place over the past 15+ months. It predicted the collapse in Crude Oil back in July 2019 – even calling for a sub-$20 price collapse in March/April 2020. Overall, the abilities of this unique predictive modeling tool have been nothing short of incredible.
For many weeks, we’ve been suggesting the US stock market has entered a no man’s land after the bottom setup near March 20, 2020. The US Fed and global central banks have stepped in to attempt to support the markets and to take pressures off financial institutions and consumers. These efforts presented a very real opportunity for technical traders to attempt to “ride the Fed wave” over the past 3+ weeks. Right now, things appear to be a bit more fragile going forward into the Summer months and the ADL predictive modeling system is showing us what to expect.
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Tuesday, May 26, 2020
Silver Springboards Higher – What’s Next? / Commodities / Gold & Silver 2020
By: MoneyMetals
The silver market is on the move. In fact, it’s finally moving out ahead of other precious metals and showing some real leadership.
After the panic selling of March briefly brought spot silver below $12/oz, prices have since surged by 50%. That’s an impressive move to take place within the span of just two months.
The question for investors now is whether the recent rally in silver is fleeting or sustainable – whether it’s evidence of extreme market volatility that suggests more danger ahead or the first leg of a much larger bull market to come.
In our view, there is good reason to believe that the March 2020 lows will never be violated and that silver is therefore in a structural bull market.
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Tuesday, May 26, 2020
Stock Market Key Resistance Breakout Is Where the Rubber Meets the Road / Stock-Markets / Stock Markets 2020
By: Paul_Rejczak
Tuesday’s refusal of the stock upswing didn’t really stick, and the S&P 500 opened higher. Trading with an upward bias during the session, the index closed comfortably above the 61.8% Fibonacci retracement. As outlandish as it might seem, does it denote a new bull market being on the way? It just can’t be overstated how crucial this level is to the stock market outlook…
S&P 500 in the Short-Run
Let’s start with the daily chart perspective (charts courtesy of http://stockcharts.com ):
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Tuesday, May 26, 2020
5 Ways To Amp Up Your CFD Trading Today / Personal_Finance / Learn to Trade
By: Sumeet_Manhas
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Tuesday, May 26, 2020
The Anatomy of a Gold Stock Bull Market / Commodities / Gold and Silver Stocks 2020
By: Rambus_Chartology
Before we look at tonights charts I would like to go over some challenges that we’ll face as the current impulse move in the PM complex continues to move higher. It’s not everyday that you will find yourself getting in close to the bottom of a multi month rally. One of the biggest problems I’ve witnessed over the years, especially with PM stock investors, is they grow complacent as the rally phase starts maturing. They believe they are invincible as their profits rise and everything is right with the world. That complacency usually means not getting out close to the end of the impulse move which is extremely hard to do even if you’re looking for a top. They will either sell in panic as the correction takes hold or hang on to their positions during the entire correction which is emotionally hard to do.
I know many here traded in the 2000 to 2011 bull market in the precious metals complex. During that great bull market how many actually made any serious money? By making serious money I mean actually taking it out of the market to payoff debt or take a major vacation or help someone in need or whatever to actually use it. What the markets give us during the impulse rally will usually take it back during the following consolidation phase as investors aren’t aware of what is taking place until it’s too late. It’s just the nature of trading the markets.
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Monday, May 25, 2020
Stock Market Critical Price Level Could Soon Prompt A Big Move / Stock-Markets / Stock Markets 2020
By: Chris_Vermeulen
As technical traders and researchers, we’ve been paying very close attention to the GREEN ARC Fibonacci resistance level on the SPY as a key level for the US stock market and any hope of a continued upside price rally. The SPY has traded near this level for the past three weeks and appears to be attempting a bit of an upside breakout right now. Yet, we understand a long holiday weekend is upon us in the US, Memorial Day, and after a big upside GAP on Monday, the US stock market has stalled over the past few days.
Our researchers believe this GREEN ARC is still acting as critical price resistance and believe the SPY may sell off into the end of the week resulting in a failed attempt to breach this key resistance level. If this happens, the failed attempt to break this resistance could prompt a change in price trend and initiate a new downside price trend. If this resistance level is broken by the end of this week, then we have a pretty solid indicator that continued bullish price trending may continue.
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Monday, May 25, 2020
Will Powell Decouple Gold from the Stock Market? / Commodities / Gold & Silver 2020
By: Arkadiusz_Sieron
This week, Powell gave a long television interview and a testimony to the Senate. What groundbreaking did he say, and what do his remarks imply for the gold market?
Powell Gives Interview and Testifies
Powell dominated media news this week. On Sunday, the Fed Chair gave an interview to CBS news magazine “60 Minutes,” while on Tuesday, he testified before Congress. What did he say? In an interview, Powell tried to persuade viewers that the Fed has not exhausted its powers to help the economy: “we’re not out of ammunition by a long shot (…) So there’s a lot more we can do to support the economy, and we’re committed to doing everything we can as long as we need to”. But are you really so powerful, if you need convince others that you are powerful?
Monday, May 25, 2020
How Muslims Celebrated EID in Lockdown Britain 2020 - UK / Local / Holidays
By: Anika_Walayat
Here's how Britain's muslim community typically celebrated EID during the lockdown across the UK. With after a meal families tended to head for the few venues open at this time of national crisis, the parks to meet up with a close family or 2 such as at Millhouses park Sheffield.
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Sunday, May 24, 2020
Stock Market Topping Behavior / Stock-Markets / Stock Markets 2020
By: Andre_Gratian
Current Position of the Market
SPX: Long-term trend – We are in an official bear market
Intermediate trend – Concluding initial rally in a downtrend.
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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Saturday, May 23, 2020
Fed Action Accelerates Boom-Bust Cycle; Not A Virus Crisis / Stock-Markets / Quantitative Easing
By: Kelsey_Williams
The 21st century was ushered in by fears about Y2k and how it might impact computer programming that was already in place. Part of the concern centered on the financial markets.
The Federal Reserve announced that they were ready to support the stock market and provide backup for financial institutions that might encounter difficulties.
The big day arrived and, other than an occasional glitch that seemed to be unrelated to the heightened global fears, the birth of the new century was pretty much uneventful. Overall, the markets remained relatively quiet. However, trouble was still brewing.
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Saturday, May 23, 2020
Gold Silver Miners and Stocks (after a quick drop) Ready to Explode / Commodities / Gold & Silver 2020
By: Submissions
The move of a lifetime is just beginning!
The senior mining companies have led this rally for the past year. In the metals sector you get leadership rotation from bullion, silver, senior miners, and junior miners. Silver and the junior miners have yet to break out of their 2016 highs, but it's coming. We believe the junior miners will be next and break through the elusive $52 level.
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Saturday, May 23, 2020
3 Ways to Prepare Financially for Retirement / Personal_Finance / Pensions & Retirement
By: Justin_Weinger
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