Monday, January 06, 2020
A Financial Crisis Has Already Begun… We Just Don’t Know It Yet / Stock-Markets / Financial Crisis 2020
Let’s address an elephant in the room: the rapidly expanding federal debt. Each annual deficit raises the total debt and forces the Treasury to issue more debt, in hopes someone will buy it.
The US government ran a $343 billion deficit in the first two months of fiscal 2020 (October and November), and the 12-month budget deficit again surpassed $1 trillion. Federal spending rose 7% from a year earlier while tax receipts grew only 3%.
No problem, some say, we owe it to ourselves, and anyway people will always buy Uncle Sam’s debt. That is unfortunately not true.
Monday, January 06, 2020
Gold Stocks Head Fake? / Commodities / Gold and Silver Stocks 2020
Gold miners’ stocks blasted higher this past week, breaking out of their correction downtrend. Rapidly-improving psychology fueled such strong upside momentum that sector benchmarks are challenging months-old upleg highs. Most traders assume this is righteous, that gold stocks’ next upleg is starting to accelerate. But key indicators argue the contrarian side, that this breakout surge is a head fake within a correction.
In early September, a major gold-stock upleg peaked after soaring higher on gold’s decisive bull-market breakout in late June. The GDX VanEck Vectors Gold Miners ETF, this sector’s leading benchmark and trading vehicle, had powered 76.2% higher over 11.8 months. It crested the same day gold’s own upleg did, hitting $30.95 on close. That major 3.1-year high proved the apex of that impressive gold-stock upleg.
Gold started grinding lower after its own September 4th upleg zenith of $1554, capping a massive 32.4% run over 12.6 months. The gold stocks corrected with gold like usual, as these miners are essentially leveraged plays on gold. Since their earnings amplify gold-price changes, the major gold stocks dominating GDX generally leverage gold by 2x to 3x. So the gold stocks drifted lower over the next several months.
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Monday, January 06, 2020
Regular Maintenance of Your Car Will Payback When You Decide to Sell it / Personal_Finance / Motoring
Without regular maintenance, everything will reach a point of fatigue and loss its value, be it a person, a product or machine. Thus, the same applies to cars as well. Regular maintenance of your vehicle will benefit you in more ways than one. The most obvious being car performance, followed by preventing costly repairs in the long run.
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Sunday, January 05, 2020
Last Chance for FREE Windows 7 Upgrade to Windows 10 in 2020 / Companies / Microsoft
Here's how to successfully UPGRADE your Windows 7 system to Windows 10 for FREE! This video takes you though the process from start to finish including several obstacles to over come that you could face.
This upgrade Works for ALL versions of Windows 7.
And you may only have a couple of weeks to get the FREE upgrade to Windows10, as Microsoft will cease making updates available as of 14th January 2020 as part of it's Windows 7 end of life programme which could also mean Microsoft shuts down it's Windows 7 upgrade servers.
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Sunday, January 05, 2020
What Global Stock Markets Drop After US Iran Missile Strike Mean? / Stock-Markets / Stock Markets 2020
The US Stock Market contracted in early morning trading on Friday, January 3, by more than 1% after news of the missile attack in Baghdad targeting a top-level Iranian military General and others. After the attack on the US Embassy in Iraq last week, President Trump issued a strong warning that the US would act to protect its people throughout the world and Iran scoffed at this message. It would certainly appear President Trump means business and won’t hesitate to stop terrorists from acting against the US – no matter where they are in the world.
This news, overnight, pushed Oil, Gold, Silver and most precious metals higher. The fear factor associated with the unknowns of what may come from these actions shot through the roof over the past 24 hours. The global stock markets contracted by a fairly strong amount in Friday’s trading. Most global markets were off by 0.75% to levels well over 1%.
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Sunday, January 05, 2020
Gold 2020 - Let’s Keep It Simple / Commodities / Gold & Silver 2020
When I peruse the comments on our Elliottwavetrader site alone, I am seeing a myriad of “beliefs” as to what the metals are doing and will be doing. Most of such beliefs seem to be driven by feelings, and quite a number of them have been fighting this metals rally. Yet, some are even driven by various forms of analysis.
Of late, we are seeing so many become fearful of the metals market due to the COT report being so “bearish.” But, I have already dealt with this issue last week, yet I am going to repeat why that report is really of lesser consequence, especially when viewed relative to the structure of the market and support and resistance:
“If you look at the attached chart for the last 20 years, you will see that during the parabolic rally of 2010-2011 in gold, the commercial traders were heavily short gold. In fact, you can see that during that entire period of time, commercial shorts remained at 200,000 or greater. Yet, that was during a period of time where gold rallied $800. For those counting in percentage terms, that means gold rallied 70%+ during a time where commercial traders were heavily short of gold.
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Sunday, January 05, 2020
Uber May Do the Impossible in 2020 / Companies / Self Driving Cars
Of all the stocks I covered this year, I was hardest on Uber (UBER). I caught some flak for writing “buying Uber stock is the dumbest thing you can do with your money in 2019.”
Although my call ruffled feathers, I stand by it. Since Uber IPO’d in May, the stock has plunged 35%. And it was just plain wrong how the media hyped up its IPO, luring in novice investors who didn’t know any better, only to watch their money go up in smoke.
To be clear, I love Uber’s service. It’s cheap, easy, and way better than regular taxis. But it’s been a horrible, money-losing business.
Sunday, January 05, 2020
Beware the Stock Market 2020 / Stock-Markets / Stock Markets 2020
Sector expert Bob Moriarty takes a look at drivers in the bull market and sees a bear in the wings.
While I happen to be a giant fan of the Daily Sentiment Index (DSI), I also use a bunch of other signals. The DSI is the single best indicator I've found but there are dozens of other measures of investor sentiment. If you are a contrarian, you search constantly for some way of figuring out what investors are thinking.
Investing at a profit is actually simple. The mob is always wrong. Always wrong. Figure out what the mob is thinking and do the opposite.
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Saturday, January 04, 2020
GOOGLE - Primary AI Tech Stock For Investing in 2020 and Beyond / Companies / Google
The juggernaut that is Artificial Intelligence continues to rumble along towards an inexorable future, one that most still fail to grasp the magnitude of the changes that are just around the corner as humans think in linear terms whilst the AI trend is EXPONENTIAL. Where developments that even the proponents of AI thought would take several years are taking place in mere MONTHS! That is the power of the unfolding AI MEGA-TREND!
AI has already CHANGED THE WORLD! EXPONENTIALLY! You have an AI super computer right in your pocket for likely less than £1000!
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Saturday, January 04, 2020
Setting Gold Market Expectations for 2020 Right / Commodities / Gold & Silver 2019
Hooray, the twenties are here! But what will the 2020 bring for the gold market? Shall we see the beginning of the Belle Époque for the yellow metal?
Gold at the End of 2019
The last year was a very good one for the gold bulls, as one can clearly see in the chart below. Despite the soaring equities, the price of the yellow metal rose from $1279 to around $1520, or more than 18 percent. Bravo!
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Saturday, January 04, 2020
Why Netflix’s Inevitable End Got Delayed / Companies / Tech Stocks
For a day, Midtown Manhattan turned into Disneyland. Food trucks handed out donuts shaped like Homer Simpson. Musicians played tunes from Star Wars. Massive LED screens streamed Disney classics.It was November 12, the day Disney celebrated the launch of its long-awaited streaming service, Disney+. Millions of folks rushed to sign up on premiere day. There was so much interest the service went down a couple times.
Disney stock was all over the headlines. And it was supposed to be the beginning of the end for Netflix. Yet Netflix stock barely budged on the big day.
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Saturday, January 04, 2020
Crude Oil Prices Have Peaked / Commodities / Crude Oil
Following the December 18, 2019 Market Minute titled "Are oil prices at a crest?" oil prices (WTI and Brent) are both finding increasing selling pressure as they moved to the top of their trading range.
Light crude oil found solid selling pressure around $62 and Brent at about $67 (Charts 1 & 2).
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Saturday, January 04, 2020
Learning Finance with the Help of Technology / Personal_Finance / Financial Education
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Friday, January 03, 2020
Investing in AI Stocks 2020 to Profit from the Machine Intelligence Mega-trend / Companies / AI
The juggernaut that is Artificial Intelligence continues to rumble along towards an inexorable future, one that most still fail to grasp the magnitude of the changes that are just around the corner as humans think in linear terms whilst the AI trend is EXPONENTIAL. Where developments that even the proponents of AI thought would take several years are taking place in mere MONTHS! That is the power of the unfolding AI MEGA-TREND!
AI has already CHANGED THE WORLD! EXPONENTIALLY! You have an AI super computer right in your pocket for likely less than £1000!
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Friday, January 03, 2020
The Big Picture Backdrop for Precious Metals Outlook 2020 / Commodities / Gold & Silver 2019
The year ahead promises to be an eventful one. It will, of course, be dominated by political headlines leading up to the 2020 election. It could also be a big breakout year for precious metals.
In the second part of Money Metals' 2020 Outlook, we’ll drill down on the fundamental and technical setup for gold and silver…
However, in this first part, we’ll set the stage by digging into the macro forces at play in the economy, monetary policy, politics, and geopolitics.
Friday, January 03, 2020
Gold and Silver Prediction Targets 2020 / Commodities / Gold & Silver 2020
The Gold rally we predicted to happen in late 2018 took place, almost perfectly, based on our ADL predictive modeling systems results. This rally took place in May through September 2019 and pushed Gold up to levels near $1600. The rest of the year, Gold consolidated near $1500 as a strong US Stock Market rally took hold in Q4 of 2019. Our original prediction was that Gold would rally to levels near $1750 before the end of 2019 based on our Adaptive Dynamic Learning predictive modeling system (ADL). This did not happen in 2019 as out ADL modeling systems suggested, but it appears Gold is setting up for another massive upside rally in 2020.
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Friday, January 03, 2020
Stock Market Trend Forecasts Review 2019 / Stock-Markets / Stock Markets 2019
The Stocks bull market is on course to end 2019, it's 11th year up by 24% with the Dow's last close of 28,462 against 23,062 of 31st Dec 2018. This the first of a series of videos that concludes in my forecast expectations for the stock market into the end of 2020.
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Friday, January 03, 2020
Where the World Is Going in 2020 / Economics / Global Economy
We all want to know the future. Unfortunately, the future isn’t talking. It’s just coming, like it or not.We can, however, make educated forecasts. I think John Mauldin is broadly correct: the future is bright, but we’ll go through darkness first.
In fact, many of us are already in pretty dark situations, “left behind” in a supposedly thriving economy. We’re told there is no inflation even as the real cost of living rises ever higher.
Where is it leading us? To answer that, we have to think about how we got here.
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Friday, January 03, 2020
Crude Oil Price Reverses Lower Faster Than You Can Blink / Commodities / Crude Oil
Although oil bulls managed to push the futures higher and broke above the upper border of the rising green trend channel during yesterday’s session, Monday’s upswing turned out only temporary.
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Friday, January 03, 2020
Gold in 2019: Lessons for the Year Ahead / Commodities / Gold & Silver 2019
The King is dead, long live the King - 2019 is over, long live the 2020! As tumultuous as they have been, what have we learned about the gold market in the past twelve months? And what can we glean from this knowledge for the times ahead?
Key Lessons For Gold Investors from 2019
Today is the last day of 2019. It was a good year for the gold bulls, as one can clearly see in the chart below. The price of the yellow metal increased from $1279 to $1474 (as of December 18 – yes, we wrote this article before the festive break). It means that gold rose more than 15 percent in 2019. The gold bulls cannot complain!
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