Wednesday, August 14, 2019
You Have to Buy Bonds Even When Interest Rates Are Low / Interest-Rates / US Bonds
Interest rates are currently low.That is by far the biggest concern among bond investors. They are drowning in worry about low interest rates and their effect on bonds. So let’s address that.
Saying interest rates are currently low is another way of saying that bonds are expensive—which makes people not want to invest in bonds. Fair enough.
Stocks are also expensive—but you invest in those!
Read full article... Read full article...
Wednesday, August 14, 2019
Gold Near Term Risk is Increasing / Commodities / Gold & Silver 2019
Last week was another strong one for the precious metals sector.
Gold gained a whopping $51/oz or 3.5%. The gold stocks (GDX, GDXJ) advanced by roughly 6%. Silver gained 4%.
Momentum in the sector began to build once Gold surpassed resistance at $1420-$1425/oz. We had noted the lack of resistance from $1425 to $1525-$1550/oz.
Gold has not reached $1550/oz yet but as it inches higher, some technical and sentiment indicators are urging caution.
Gold’s net speculative position of 54% is very close to the peaks of 55% to 60% seen since 2000. It’s possible the commercial hedgers will start covering at somepoint like they did in 2006 and 2010 but for now we have to assume they won’t if $1550/oz holds as resistance.
Read full article... Read full article...
Wednesday, August 14, 2019
Installment Loans vs Personal Bank Loans / Personal_Finance / Debt & Loans
...
Wednesday, August 14, 2019
ROCHE - RHHBY Life Extension Pharma Stocks Investing / Companies / Life Extension
We are currently galloping full speed along an exponential curve that unlike the neural nets of the 1990's, that promised a lot but delivered very little, this time it really looks like we are on the verge of AI success, not only that but it heralds changes in every aspect of our lives most of which we cannot even imagine today, hence the term the singularity is often used, the AI event horizon beyond which we cannot see.
My latest analysis in this series focuses on how to profit and capitalise on the unfolding machine intelligence driven mega-trend through investing in leveraged to AI Human Life Extension stocks.
Read full article... Read full article...
Wednesday, August 14, 2019
Gold Bulls Must Love the Hong Kong Protests / Commodities / Gold & Silver 2019
It appears that the two steps forward, one step backwards approach of mainland China isn’t working as Hong Kong citizens are protesting again. The increasingly violent protests have plunged Chinese-ruled Hong Kong into its most serious crisis in decades, and the situation appears to be getting worse every week. What does it imply for the gold market?
Hong Kongers Protest
On Monday, Hong Kong’s Airport Authority canceled flights as demonstrators poured into its main terminal. What is going on in Hong Kong? The protests began over plans that would have allowed extradition from Hong Kong to mainland China. Although the bill was suspended, the protests continue, as people demand democratic reforms. The problem is that although Hong Kong – as a former British colony – still enjoys freedoms not seen in mainland China, they are on the decline. The protesters say that mainland China is meddling in Hong Kong, citing examples such as legal rulings that have disqualified pro-democracy legislators.
Read full article... Read full article...
Wednesday, August 14, 2019
Gold, Markets and Invasive Species / Commodities / Gold & Silver 2019
Sector expert Michael Ballanger draws connections between nefarious non-native species in the natural world and in the world markets. Invasive species: Any kind of living organism—an amphibian (like the cane toad), plant, insect, fish, fungus, bacteria, or even an organism's seeds or eggs—that is not native to an ecosystem and causes harm. They can harm the environment, the economy, or even human health.
In the 1830s, a creature called the "sea lamprey" was first detected in Lake Ontario after it was able to migrate from the Finger Lakes of upstate New York by way of the Erie Canal, which was constructed in 1825. In the 1800s the Great Lakes fishing industry harvested over 100 million pounds of fish for both domestic consumption and export before this incredibly creepy creature laid virtual waste to the fishery stock. Within one hundred years, the harvest had dwindled to approximately one-third of its peak as the absence of natural predators allowed it to feast on the Great Lakes fisheries with reckless abandon and unopposed execution.
Read full article... Read full article...
Wednesday, August 14, 2019
Cannabis Stocks With Millennial Appeal / Companies / Cannabis
...
Tuesday, August 13, 2019
August 19 (Crazy Ivan) Stock Market Event Only A Few Days Away / Stock-Markets / Stock Markets 2019
Our researchers have created this research post to highlight a big price move based on super-cycle research and patterns that should begin on or near August 19, 2019. Back in April/May 2019, we started warning of a critical top formation we believed was aligned for July 2019. In May/June, we altered this date to align more closely with our super-cycle research and determined the August 19, 2019 date.
It is our belief that this date will initiate a breakdown price move that may align with external news related or economic related data. Our research continues to point to the potential for a large global breakdown in equity prices related to some type of near-crisis event. It could be related to something within the US or outside the US – but either way, we slice it, August 19 looks to be the date we need to focus on.
Read full article... Read full article...
Tuesday, August 13, 2019
This is the real move in gold and silver… it’s going to be multiyear / Commodities / Gold & Silver 2019
Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason.
Coming up David Morgan of The Morgan Report joins me to break down the recent move in the metals, explains why he believes the move is a result of something no one is talking about – and he also gives us some key levels for silver, as it looks to gather strength from here. So don’t miss another must-hear conversation with David Morgan, coming up after this week’s market update.
What a wild week it’s been for investors.
The threat of global trade wars and currency wars sparked big swings across all major asset classes. Bond yields dove toward historic lows. Stocks plunged earlier in the week before rebounding sharply by Thursday. And precious metals rode a huge safe-haven wave higher.
Read full article... Read full article...
Tuesday, August 13, 2019
Global Central Banks Kick Can Down The Road Again / Stock-Markets / Stock Markets 2019
As we continue to explore the events of the past 10 to 20+ years and how the global central banks continue to attempt to navigate through these difficult times, we want to take a few minutes to try to understand and explain how the capital that has exploded into the global markets has been deployed and used to chase returns, risk and opportunity and may continue to be deployed more efficiently going forward.
Read Part I of this series here: https://www.thetechnicaltraders.com/...
The recent news that the global central banks may begin a new round of stimulus and easing got us thinking – “what next?”. Over the past 10 to 20+ years, global central banks have attempted to prompt an economic recovery that seems to slip past economic planners and we believe that is because core functions of the global economy are weaker than many expect. We’re going to try to explore some of these factors and prepare traders for what may come in the future months.
Read full article... Read full article...
Tuesday, August 13, 2019
Stock Market Bears Critically Endangered / Stock-Markets / Stock Markets 2019
The second week of August played out to the extreme levels accordingly as the market found the temporary bottom at 2775 on the Emini S&P 500 (ES), at around the macro 200 day moving average. This level also acted as a higher low relative to the March/June 2019 bottom. Then, the bulls' counterattack against the bears was life threatening as price action retraced 61.8% of the entire 3029.5-2775.75 range and wrapped up the week around the highs in the 2920s.
Read full article... Read full article...
Tuesday, August 13, 2019
US Dollar Finally the Achillles Heel / Currencies / US Dollar
All important factors are finally putting tremendous pressure on the USDollar. The weak economy will result in lower interest rates, thus more downward USD pressure. The enormous USGovt debt will result in further bond dumps in addition to trade settlement outside the USD, thus more downward pressure. The resentment for threatened hot wars, trade wars, economic sanctions, and SWIFT obstructions will result in amplified resentment. They will respond with a global boycott of the King Dollar, dumping of USTreasury Bonds, and thus more downward pressure. Worse, a global currency war might erupt in the very near future, which might have basis in competing interest rates from monetary policy in addition to competing bond yields. The remarkable fact that has come to the table in the last few weeks is that foreign sovereign bond offerings are having strong demand despite lower bond yields offered than USTreasurys. However, the USTreasury auctions are being gradually noticed as failures, despite higher bond yields offered. The message is crystal clear, that collateral for the huge debt is far more important than the carry, namely the bond yield. Finally the USGovt debt is being questioned, as it rises past the $22 trillion level, as the debt limit is suspended, and as the over $20 trillion in missing funds is publicized. The USGovt financial room is a recognized crime scene.
Read full article... Read full article...
Tuesday, August 13, 2019
Financial Success Formula Failure / Stock-Markets / Financial Markets 2019
The US economy grew at a 2.1% annualized pace in the second quarter, according to data released last week. That was better than economists expected but hardly impressive.
Even President Trump recognized this, tweeting the growth rate was “not bad considering we have the very heavy weight of the Federal Reserve anchor wrapped around our neck.”
That’s the same Federal Reserve of which Trump himself appointed the chair and a majority of board members. But I guess he has to blame somebody.
Tuesday, August 13, 2019
How to Test Your Car Alternator with a Multimeter / Personal_Finance / Motoring
Here's how to test your car's alternator using a multimeter to see if it needs replacing or not. Diagnosing Alternator Problems. Learn how to test an alternator with a Multimeter. Does your car not start, do you have dim headlights or interior lights, does the starter sound weak when start the engine, or does your car die sitting overnight? This video will show you a few ways to test your alternator to see if it is bad, is going bad or is good. A good alternator will show a charge at around 14.2-14.7v while the car is running and under an electrical load it wont drop below 13v.
Read full article... Read full article...
Tuesday, August 13, 2019
London Under Attack! Victoria Embankment Gardens Statues and Monuments / Politics / Travel & Holidays
If your visiting London then your likely going to visit the Embankment gardens whether your aware of them or not, given that they are situated just next to the house of parliaments and surrounded by several prominent buildings such as New Scotland Yard.
Victoria Embankment Gardens are part of the chain of open spaces along Victoria Embankment opened in 1865. The compact park features various statues including that of John Stuart Mill, Lady Henry Somerset statue of girl with begging bowl, William Howard Forster statue, and a memorial to the poet Robert Burns amongst many others. Unfortunately as is the case for many statues, the are under permanent attack from pigeons! And tend to be covered in acidic pigeon poop as this video illustrates.
Read full article... Read full article...
Monday, August 12, 2019
More Stock Market Weakness Ahead / Stock-Markets / Stock Markets 2019
Current Position of the Market
SPX: Long-term trend – Finallong-term phase on the way? How much longer, is the question.
Intermediate trend – We have started a correction of intermediate nature.
Analysis of the short-term trend is done on a daily basis 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.
Read full article... Read full article...
Monday, August 12, 2019
I Told You The Stock Market Will Get Wild - Prepare To Be Whipsawed Again / Stock-Markets / Stock Markets 2019
The Fed. The China trade deal. The House of Representatives impeachment proceedings. The Iranian aggression. North Korea firing missiles. Slowing growth in the world economy. As you can see, there are many issues worrying investors today. And, as the market moves up and down through these large gyrations these last two weeks, one excuse is paraded out after another.
When the market drops, it is supposedly because of “fears about the trade deal.” When the market rallies, I see headlines stating “the market rallies on lowered trade fears.” Sadly, this is the best the media and pundits can do. They really have no clue what is happening to the market.
Read full article... Read full article...
Monday, August 12, 2019
Global Central Banks Move To Keep The Party Rolling Onward / Stock-Markets / Quantitative Easing
The recent news that the US Fed, China and many of the global central banks are continuing to make efforts to lower rates and spark further consumer spending and economic activity is reminiscent of the late 2010~2013 global economic recovery efforts. This was a time when the economy was much slower than current levels and when central banks were doing everything possible to attempt to raise consumer and business activity related to capital.
The world’s governments and banks operate on a very simple premise – transactions and economic activity must continue to operate within a fairly standard range of consistency in order for tax revenues and transactional fees to drive profits/income. If extended periods of economic contraction persist, the capacity to function within standard operating parameters diminishes very quickly for these institutions. A -5% to -10% contraction in asset values, transactional business, tax revenues and/or consumer activity over an extended period of time could result in a catastrophic set of events taking place.
Read full article... Read full article...
Monday, August 12, 2019
U.S. Currency Wars With China—Past And Present / Currencies / Currency War
In a purely political move, the Trump administration (read: the U.S. Treasury) has branded China as a currency manipulator. This is an act of war. After President Trump announced that even more tariffs would be imposed on China, the markets took the value of the Chinese yuan down a notch or two. So, who was “manipulating” the yuan, Beijing or Washington? Well, it looks like Washington is engaging in yet another Asian currency war.
As it turns out, the United States has a long history of waging currency wars in Asia. We all know the sad case of Japan. The U.S. claimed that unfair Japanese trading practices were ballooning its bilateral trade deficit with Japan. To “correct” the so-called problem, the U.S. demanded that Japan adopt an ever-appreciating yen policy. The Japanese complied and the yen appreciated against the greenback from 360 in 1971 to 80 in 1995 (and 106, today). But, this didn't close the U.S. trade deficit with Japan. Indeed, Japan's contribution to the overall U.S. trade deficit reached almost 60% in 1991. And, if that wasn't enough, the yen's appreciation pushed Japan's economy into a deflationary quagmire.
Read full article... Read full article...
Monday, August 12, 2019
Will Gold Continue to Outperform Silver? / Commodities / Gold & Silver 2019
Gold Strength Dominates the MarketsThe recent rally in Gold has been hard to ignore. The yellow metal is certainly showing a lot of strength. But unlike prior rallies, the current one stands out in several ways.
For starters, Gold is trading at record levels against four of the seven major currencies. Looking at just spot Gold against the dollar does not represent just how strong Gold is at the moment. But not only that, Gold is rallying without the common correlations that we have seen in the past. Specifically, equities are not really under a whole lot of pressure at the moment. Neither is the dollar. In fact, the greenback just broke to a fresh high in the past few weeks.
Read full article... Read full article...