Thursday, September 23, 2021
Global Stock Markets Topped 60 Days Before the US Stocks Peaked / Stock-Markets / Stock Market 2021
By: Chris_Vermeulen
In the first part of this research article, I highlighted a number of factors and technical charts that suggest the true peak in the US/Global markets happened in April/May 2021. Although the US markets continued to trend higher after that peak, the global markets, as well as a number of key indicators, suggested the bullish price trend had reached a peak and started to weaken after the April/May 2021 peak.
My assumption is this data shows the markets entered a highly speculative phase of trading after the November 2020 elections. History shows us that the 12+ months prior to a US Presidential election are usually filled with uncertainty and sideways market volatility. Then, just after the US Presidential election is completed, the markets usually enter into a trending phase related to the expectations and promises of the newly elected US President. 2020 was no different in this process. What was different was the fact that the US Federal Reserve was still pouring trillions into supporting the post-COVID global economic recovery. So this post US Presidential election rally may have become a super-charged speculative rally phase with the US Fed backing the trends.
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Thursday, September 23, 2021
Should School Children be Jabbed with Pfizer Covid-19 Vaccine To Foster Herd Immunity? - UK / Politics / Coronavirus 2021
By: N_Walayat
Covid-19 is less severe in children though some do get long covid symptoms Astrazenica was the Aldi version of vaccines, good but higher risk, Pfizer is more the Tesco or Sainsbury version, a little more effective and a little safer. Yes, the risks of covid and its many variants in Children is very low.
However, the key benefits of vaccinating kids is that it greatly reduces transmission, spread of the virus to others i.e. the vaccinated infected shed much less viral particles, given that the virus has not gone away as the latest graphs illustrate.
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Thursday, September 23, 2021
Corruption at the Fed: Are America’s Money Masters Engaged in Self-Dealing? / Politics / US Federal Reserve Bank
By: MoneyMetals
By Jp Cortez : America’s central bankers are tasked with impartial oversight over aspects of the American economy. But could these individuals be making decisions on interest rates and bailout operations based on what is best for their own personal investment portfolios?
After some embarrassing revelations regarding the trading activities of two senior officials, Federal Reserve Chairman Jerome Powell abruptly ordered a comprehensive examination last week into internal compliance with an ethics rule directing Fed employees to avoid “actual and apparent conflicts of interest.”
Thursday, September 23, 2021
HOW TO SAVE MONEY ON CAR INSURANCE / Personal_Finance / Insurance
By: Submissions
Saving money on the cost of your car insurance is a simple task if you know what to look for, and what to ask for. Do not be afraid to ask questions when talking to an insurance agent. If the company that you are chatting with is hard to work with, or will not give you any help, then move on to the next carrier.
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Wednesday, September 22, 2021
Stock Market FOMO Hits September Brick Wall - Evergrande China's Lehman's Moment / Stock-Markets / Stock Market 2021
By: Nadeem_Walayat
Dear Reader
My last analysis posted on the 1st of September proved to be a timely reminder that an historically overbought stock market on virtually every measure was entering into the seasonally worst trading month of the year that at the very least suggests to prepare for a significant correction with each passing day and there was even a possibility of market panic event, a CRASH for which there are countless indicators that I have been covering since Mid June such as what is taking place in the Reverse Repo market of a defacto brewing Financial Crisis 2.0, the magnitude of which we will only realise with the benefit of hindsight, hence why I sold out of 80% of my Top AI stocks during the summer months with the last being to exit IBM leaving my AI stocks portfolio in it's current state, devoid for the first time in many years of the likes of Microsoft Apple, Nvidia and Amazon, with holdings of Google and Facebook greatly reduced.
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Wednesday, September 22, 2021
Trading Crude Oil ETFs in Foreign Currencies: What to Focus On / Commodities / Exchange Traded Funds
By: Paul_Rejczak
Trading energy ETFs outside of US exchanges can be tricky, as it often means lower liquidity and some latency, but is it worth trying? Definitely!
Let’s do a comparative study between the WTI Crude Oil (CL) and an Exchange-Traded Fund (ETF) tracking this energy commodity as the underlying asset.
Prelude
In the previous two-part series (see Part I & Part II), we presented different ways to trade energies such as stocks, ETFs, CFDs and futures. We saw that picking the right instrument or vehicle depended on businesses, regions, risk profiles, psychology, etc. So, today, as an example, we will compare the well-known WTI Crude Oil (CL) futures contract (quoted in US dollars) with a 2:1 (2x) leveraged ETF traded in Toronto, in Canadian dollars.
Wednesday, September 22, 2021
URGENT - Crypto-trader event - 'Bitcoin... back to $65,000?' / Currencies / cryptocurrency
By: EWI
Hi reader,
Bitcoin and the gang have been the epitome of volatility lately -- and September brought more drama.
Our friends at the world's largest market-forecasting firm, Elliott Wave International, tell us that from where they sit, it's a critical time for cryptos.
In fact, they're watching support and resistance price points in Bitcoin and other cryptos that few traders know about. And they want to show them to you -- free.
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Wednesday, September 22, 2021
Stock Market Time to Buy the Dip? / Stock-Markets / Stock Market 2021
By: Monica_Kingsley
S&P 500 dived, yet the slide was bought before the closing bell. Does the long lower knot mean the selling is over? It‘s too early to say as following similar momentuous days, it takes 1-3 days for the dust to clear usually. The selling pressure might not be over, and the question is how far will it reach on a fresh attempt – 4,350s look attainable.
There, the fate of this correction would be decided, but we‘re on the verge of the historically more volatile part of Sep, and tomorrow‘s FOMC would up the ante. The dollar though was unable to rally, to keep intraday gains – on one hand a certain show of strength given the retreat in Treasury yields, on the other hand, proof of stiff headwinds as the world reserve currency isn‘t in a bull market. I‘m leaning towards the latter explanation.
As stocks rebound in what may still turn out to be a dead cat bounce, commodities got clobbered too – just as cryptos did. Gold attracted safe haven demand as money flew to Treasuries as well. Miners with silver holding ground, are a good sign for the sector – the overwhelmingly negative sentiment looks getting long in the tooth.
Wednesday, September 22, 2021
US Dollar Bears Are Fresh Out of Honey Pots / Currencies / US Dollar
By: P_Radomski_CFA
The declining medium-term outlook for gold, silver, and mining stocks will eat away at the honey pot of US dollar bears. Get ready for bee stings.
With headline after headline attempting to knock the USD Index off of its lofty perch, I warned on Sep. 13 that dollar bears will likely run out of honey sooner rather than later.
I wrote:
While the USD Index was under fundamental fire in recent weeks, buyers eagerly hit the bid near the 38.2% Fibonacci retracement level. And after positive sentiment lifted the greenback back above the neckline of its inverse (bullish) head & shoulders pattern last week, the USDX’s medium-term outlook remains profoundly bullish.
More importantly, though, after the USD Index rallied by 0.63% last week and further validated its bullish breakout, gold, silver, and mining stocks ran in the opposite direction. And with the divergence likely to accelerate over the medium term, the swarm should sting the precious metals during the autumn months.
Wednesday, September 22, 2021
MetaTrader 5 Features Every Trader Should Know / InvestorEducation / Trading Systems
By: Russell_Fenton
MetaTrader 5 is an advanced trading platform that features a wide range of asset classes, including cryptocurrencies. It is a multiple asset platform for modern traders considering taking their trading experience to the next level with practical and robust features. Read on to understand these features.
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Tuesday, September 21, 2021
Evergrande China's Lehman's Moment, Tip of the Ice Berg in Financial Crisis 2.0 / Stock-Markets / Financial Crisis 2021
By: Nadeem_Walayat
Financial Crisis 2.0 continues to unfold where China's giant property developer Evergrande is the canary in the coal mine, tip of the ice-berg, China's Lehman's moment that looks set to default on $300 billion of debts. Here's what the giant property developers stock price looks like.
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Tuesday, September 21, 2021
Silver Futures Market Speculators Crushed Again / Commodities / Gold and Silver 2021
By: MoneyMetals
The gold and silver futures markets were designed to increase volatility and discourage physical ownership of precious metals, as revealed in 1970s-era disclosures. The futures markets have also created opportunities for manipulation.
Today, the corruption is on full display for anyone who cares to look at the Wiki-Leaks documents, criminal prosecutions, and the other piles of evidence detailing foul play.
Yet the global price for precious metals is still set by these futures markets. And the trading volume has even grown, even as prices appear increasingly unhinged from fundamental drivers impacting supply and demand for the underlying metals.
Tuesday, September 21, 2021
The Fed Is Playing The Biggest Game Of Chicken In History / Stock-Markets / Financial Markets 2021
By: Avi_Gilburt
Yeah, I know everyone is so certain that inflation is what we will be battling for the foreseeable future. The main reason why many of you are so certain we are battling inflation is because you are seeing prices rise on food and other items for which you shop. But, do rising prices really mean we are dealing with the true economic definition of inflation?
To be honest, I really don’t care what you call it. It makes no difference to me since our analysis tells me when to get in and out of the market. You see, I and many others correctly recognize that the stock market leads the economy. So economic definitions have no bearing upon our forward-looking expectations regarding the stock market. And, I have explained why this is the case in past articles:
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Tuesday, September 21, 2021
Focus on Stock Market Short-term Cycle / Stock-Markets / Stock Market 2021
By: Andre_Gratian
Current Position of the MarketSPX Long-term trend: There is some evidence that we are still in the bull market which started in 2009 and which could continue until major cycles take over, and it ends. The 4550 projection which had been in effect since the March 2020 low has now been reached, but there is still no sign of a major top.
SPX Intermediate trend: A Short-term SPX correction is underway.
Analysis of the short-term trend is done daily with the help of hourly charts. They are important adjuncts to the analysis of daily and weekly charts which determine longer market trends.
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Tuesday, September 21, 2021
Lands End Cornwall In VR360 - UK Holidays, Staycations / Personal_Finance / Holidays
By: Anika_Walayat
The virus meant that we were unable to travel abroad for holidays 2021, still there are plenty of beauty spots in the UK, such as CORNWALLS. Here are the sights and sounds of Land End, Britain's Western most point, a headland and tourist and holiday complex in western Cornwall, England, situated within the Penwith peninsula about eight miles (13 km) west-south-west of Penzance at the western end of the A30 road. To the east of it is the English Channel, and to the west the Celtic Sea.
Land's End is the most westerly point of mainland England.[3] However, it is not the westernmost point on mainland Great Britain, as this title narrowly goes to Corrachadh Mòr in the Scottish Highlands.
All in VR 360! which you can experience even if you don't have a VR headset as you will be able to look around in most browswers.
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Monday, September 20, 2021
Stock Market FOMO Hits September CRASH Brick Wall - Dow Trend Forecast 2021 Review / Stock-Markets / Stock Market 2021
By: Nadeem_Walayat
My last analysis posted on the 1st of September proved to be a timely reminder that an historically overbought stock market on virtually every measure was entering into the seasonally worst trading month of the year that at the very least suggests to prepare for a significant correction with each passing day and there was even a possibility of market panic event, a CRASH for which there are countless indicators that I have been covering since Mid June such as what is taking place in the Reverse Repo market of a defacto brewing Financial Crisis 2.0, the magnitude of which we will only realise with the benefit of hindsight, hence why I sold out of 80% of my Top AI stocks during the summer months with the last being to exit IBM leaving my AI stocks portfolio in it's current state, devoid for the first time in many years of the likes of Microsoft Apple, Nvidia and Amazon, with holdings of Google and Facebook greatly reduced.
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Monday, September 20, 2021
Two Huge, Overlooked Drains on Global Silver Supplies / Commodities / Gold and Silver 2021
By: MoneyMetals
Precious metals markets got dealt a technical blow after gold and silver sold off on Thursday. Stronger-than-expected economic reports boosted the U.S. Dollar Index, which in turn gave futures traders all the rationale they needed to pound longs with sell orders.
Silver traded down to a slight new 2021 low. Unless prices recover quickly here and carve out a double bottom, stop-loss selling could send spot silver toward lower-range support levels from last year.
Meanwhile, gold is faring relatively better with prices still holding well within this year’s trading range. The gold to silver ratio has risen from a low of just under 64:1 in February to 77:1 as of Thursday’s close. Put another way, silver is now very cheap versus gold.
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Monday, September 20, 2021
Gold gets hammered but Copper fails to seize the moment / Commodities / Gold and Silver 2021
By: Gary_Tanashian
The Copper/Gold ratio remains at a key decision point
Gold has been clobbered lately but a key metallic macro indicator remains in a long-term congestion zone. If it’s going to be cyclical ‘inflation ON’ we’d expect Cu/Au to break through and do what it has not done since a major inflation trade blew out in 2006-2008, and for the 30yr Treasury yield to eventually catch on and rise at least to the EMA 100 (blue line).
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Monday, September 20, 2021
New arms race and nuclear risks could spell End to the Asian Century / Politics / GeoPolitics
By: Dan_Steinbock
Since 1945, the only successful economic modernization worldwide has occurred in Asia, with focus on economic development. After a decade of US pivot to the region, arms races and nuclear risks are rising.According to the new trilateral security pact (AUKUS) between the United States, the UK and Australia, Washington and London will “help” Canberra to develop and deploy nuclear-powered submarines.
The $66 billion deal effectively killed Australia’s $90 billion conventional sub deal with France, thereby causing a major ruckus with Washington’s NATO partner.
Stunningly, US and Australian officials had been in secret talks for months over the plan that was hatched more than a year ago by the far-right Trump administration. Yet, it was both embraced and accelerated by the Biden White House, which claimed to offer an “alternative” to four years of Trump devastation.
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Sunday, September 19, 2021
Stock Market FOMO Hits September Brick Wall - Dow Trend Forecast 2021 Review / Stock-Markets / Stock Market 2021
By: Nadeem_Walayat
My last analysis posted on the 1st of September proved to be a timely reminder that an historically overbought stock market on virtually every measure was entering into the seasonally worst trading month of the year that at the very least suggests to prepare for a significant correction with each passing day and there was even a possibility of market panic event, a CRASH for which there are countless indicators that I have been covering since Mid June such as what is taking place in the Reverse Repo market of a defacto brewing Financial Crisis 2.0, the magnitude of which we will only realise with the benefit of hindsight, hence why I sold out of 80% of my Top AI stocks during the summer months with the last being to exit IBM leaving my AI stocks portfolio in it's current state, devoid for the first time in many years of the likes of Microsoft Apple, Nvidia and Amazon, with holdings of Google and Facebook greatly reduced.
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