Saturday, April 10, 2021
UK Covd-19 FREE Lateral Flow Self Testing Kits How Use for the First Time at Home / Personal_Finance / Coronavirus 2021
By: N_Walayat
The UK government has finally got their act together where the covid-19 chinese virus pandemic is concerned, now everyone has access to free lateral flow home self test kits that were initially made available a month ago to families with children in school. This video shows how we conducted the test for the first time a few weeks ago and thus answers many of the questions you will have when you first start using the lateral flow tests.
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Saturday, April 10, 2021
NVIDIA Stock ARMED and Dangeorus! / Companies / Tech Stocks
By: Nadeem_Walayat
Where Nvidia is concerned there is good news and then there is GREAT news! The Good news is just as I stated when Nvidia launched their RTX 3000 series of GPU's in September 2020, is that it would allow Nvidia to literally PRINT MONEY, sell as many GPU cores as Nvidia can produce, which has been the case for the past 6 months since launch! YOU JUST CANNOT BUY AN RTX 3080! I should know as I am still waiting for the latest additional to my computer room to materialise, an RTX 3080 5950x 64gb system that hopefully should be making an appearance by Mid March after being bought and paid for early January.
As for the GREAT news, or should I say potential great news is Nvidia's $40 billion bid for ARM, which if successful would solidify Nvidia into being up rated to becoming PRIMARY AI STOCK! No longer a sidelines GPU player but PRIMARY, and likely soon to be trading on similar $1trillion+ market caps as the other primaries on my list.
But it is going to take time to overcome all the regulatory and national security road blocks on the way to ARM acquisition success, where we are so far 6 months down the path, and likely at least another year to go. I expect such uncertainty to continue to act as a damper on the prospects for Nvidia as the market reacts to M&A good and bad news events along the way and despite continuing GPU market success.
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Saturday, April 10, 2021
The History of Bitcoin Hard Forks / Currencies / Bitcoin
By: Umer_Mahmood
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Friday, April 09, 2021
Gold Mining Stocks: A House Built on Shaky Ground / Commodities / Gold and Silver Stocks 2021
By: P_Radomski_CFA
It’s tempting to say that miners are showing strength compared to gold based on the GDX’s performance, but other mining proxies say otherwise.
Just because a house is standing doesn't mean its foundations are solid, and that's exactly the case with the miners.
There’s one extra thing that I would like to point out about mining stocks’ technical picture today (Apr. 8), and that’s their performance relative to gold.
Friday, April 09, 2021
Stock Market On the Verge of a Pullback / Stock-Markets / Stock Market 2021
By: Monica_Kingsley
S&P 500 is still consolidating Monday‘s sharp gains, showered with liquidity. Yet it seems that eking out further gains is getting harder as the price action took the index quite far from its key moving averages. If I had to pick one sign of stiffer headwinds ahead, it would be the tech sector‘s reaction to another daily retreat in Treasury yields – the sector didn‘t rally, and neither did the Dow Jones Industrial Average. Value stocks saved the day, and it appears we‘re about to see them start doing better again, relatively speaking.
Yes, the risk-reward ratio for the bulls is at unsavory levels in the short run. What about being short at this moment then? It all depends upon the trading style, risk tolerance and time horizon. I‘m not looking for stocks making a major top here as the bull run is intact thanks to:
(..) Well, liquidity and bets on the stocks benefiting from the coming infrastructure bill.
Any way you look at it, the market breadth is positive and ready to support the coming upswing continuation, even though I look for a largely sideways day in stocks on Tuesday given the aptly called fireworks to happen yesterday. Sizable long profits in stock market trades #6 and #7 have been taken off the table – 149 points in my Standard money managements, and 145 points in the Advanced money management that comes on top.
My prognosis for yesterday‘s session materialized, and we have seen quite a record number (around 95%) of stocks trading above their 200-day moving averages, which is similar to the setup right after the post-dotcom bubble bear market 2002/3 lows, or 1-2 years after the bull market run off the Mar 2009 lows. Hard to say which one is more hated, but I see the run from Mar 2020 generational low as the gold medal winner, especially given the denial accompanying it since.
Friday, April 09, 2021
What Is Bitcoin Unlimited? / Currencies / Bitcoin
By: Umer_Mahmood
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Friday, April 09, 2021
Most Money Managers Gamble With Your Money / Stock-Markets / Financial Markets 2021
By: Avi_Gilburt
I really wonder how many of you that read this article entrust your hard-earned money to money managers? My next question is, of those that do, how many of you really understand your money managers' approach to managing money? And, my last question is if you believe that your money managers' goals are not aligned with yours?
Since the first question I asked at the start of this article is more rhetorical in nature, as I simply cannot answer it, I will move to the second question.
Of late, I have been reading articles published by money managers and I have honestly scratched my head. In fact, if you have been reading articles by them over the last 12 months, you would likely be scratching your head as well.
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Friday, April 09, 2021
Top 5 Evolving Trends For Mobile Casinos / Personal_Finance / Gambling
By: Submissions
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Thursday, April 08, 2021
Top 5 AI Tech Stocks Investing 2021 Analysis / Companies / AI
By: Nadeem_Walayat
This excerpt from of my most recent investing in AI tech stocks series focused on the top 5 AI stocks on my list, with remainder of the stocks to follow in part 3 to in about a weeks time. However the whole of this extensive analysis was first made available to Patrons who support my work:
AI Tech Stocks Buying Ratings, Levels and Valuations March 2021
- AI Tech Stocks Buying Levels and Valuations 2021 Explained
- Coronavirus Pandemic Vaccines Indicator Current State
- Post Pandemic Summer 2021 Social Unrest ?
- Get Ready for Inflation Mega-trend to Surge 2021
- The AI Megatrend Big Picture
- Human Brain vs High End Desktop PC in 2021
- AI Stocks Investing 2021 - Top 14 Stocks Analysis
- AI Stocks Portfolio Table 2021
- Stocks Bear Market / Crash Indicator (CI18)
So for immediate first access to ALL of my analysis and trend forecasts then do consider becoming a Patron by supporting my work for just $3 per month. https://www.patreon.com/Nadeem_Walayat.
As well access to my latest analysis due to be posted within the next 24 hours - How to Invest in High Risk Tech Stocks for 2021 and Beyond
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Thursday, April 08, 2021
Dow Stock Market Trend Forecast 2021 - Crash or Continuing Bull Run? / Stock-Markets / Stock Market 2021
By: Nadeem_Walayat
This video presents the final forecast conclusion in a detailed stock market trend forecast for 2021 , extensive analysis of which was first been made available to Patrons who support my work.
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Thursday, April 08, 2021
Don’t Be Fooled by the Stock Market Rally / Stock-Markets / Stock Market 2021
By: MoneyMetals
Markets tend to move in cycles. They typically experience cyclical pullbacks after trending higher for a long period of time. Rarely do markets move straight up or straight down.
The stock market has, however, essentially moved straight up since the March 2020 mini-crash. As the market moves higher, an increasing number of “analysts” are calling for even higher equity prices.
Just last week, in fact, an analyst called for the broad market S&P 500 index to double by 2030.
Calls for an 8000 S&P do not seem quite as farfetched as they did just a year ago. That is the power of greed (and wishful thinking) at work.
Thursday, April 08, 2021
Gold and Latin: Twin Pillars of Western Rejuvenation / Commodities / Gold and Silver 2021
By: Antonius_Aquinas
After Brexit, there has been a growing number of voices within the European Union and among various nationalistic groups arguing that English should be replaced as the official language since now only Ireland and Malta retain English.
The loudest quarter calling for a change has come from the French who, not surprisingly, want their own tongue to become the lingua franca of the EU. Eric Zemmour, a French conservative commentator, asserts, “I think this is the time to launch a counter-offensive in favour of French, to recall that French was the original language of EU institutions.”*
A return to French, however, has its difficulties with other nationalist groups particularly those from the EU’s dominant economic power, Germany.
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Thursday, April 08, 2021
Stronger US Dollar Reacts To Global Market Concerns – Which ETFs Will Benefit? Part II / Currencies / US Dollar
By: Chris_Vermeulen
In this second part of our exploration of the recent US Dollar rally and what it may be reacting to in relation to the current US stock market highs and continued rally, we will explore some of the underlying factors that are translating into US Dollar strength while the US stock market continues to push higher.
In the first part of this research article, we highlighted the US Dollar reaction to the 2008-09 credit market crisis and how the US Dollar actually started to bottom/rally in early 2008 – just as the rollover top in the US stock markets continued to setup. The way the US Dollar reacts to stress factors in the global markets is to strengthen as a safe haven as capital is constantly seeking the best environment for investment and profits. When the markets enter a period of turmoil, the US Dollar typically begins to strengthen before the global markets really begin to react to the fear or turmoil.
The recent news of large financial institutions and hedge funds taking large losses and closing operations is somewhat similar to the Lehman event of 2008. These types of larger corporate debt collapses have wide-range global market effects. Sometimes, these events can ripple into other global corporations who engaged in this level of financing or credit functions. For example, Credit Suisse’s attempt to recoup potential losses from the Greensill collapse may be a very complicated and fruitless process according to a recent Wall Street Journal article.
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Thursday, April 08, 2021
You're invited: Spot the Next BIG Move in Oil, Gas, Energy ETFs / Commodities / Crude Oil
By: EWI
Dear reader,
Almost exactly a year ago, oil prices went negative $40.
Today, with crude trading at $60, you're hearing lots of opinions as to what's next.
"Electric car revolution" ... "reopening economy" ... "end of commute" ... "start of travel season"
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Thursday, April 08, 2021
Ladies and Gentlemen, Mr US Dollar is Back / Currencies / US Dollar
By: P_Radomski_CFA
Previously dismissed, the USDX may now be back with a vengeance. Sentiment is swinging away from shorts and there is an uncanny historical pattern.
With a potential bearish pattern already broken, the USDX is resuming its journey northward. And why is it geared to do well? Is it because the U.S. economy is ripping head? Definitely not - that’s not happening. It’s rather because other regions (think Europe and Japan) are doing even worse.
The dollar’s imminent rise doesn’t mean that gold can’t still experience some very short-term upswing, but for the medium-term, the precious metals continue to face bearish headwinds.
With the greenback laying back and enjoying a well-deserved Easter vacation, gold, silver and the gold miners avoided a dollar-drama for at least another day. However, with the USD Index working to regain its supremacy, along with investors’ respect, the ‘death of the dollar’ narrative has quietly dissipated from the investing zeitgeist.
Case in point: the USD Index has broken above its monthly declining resistance line and has already made four new highs since the New Year. More importantly though, because the precious metals have a strong negative correlation with the U.S. dollar, the upward momentum has coincided with an 8.78% drawdown of gold, a 6.18% drawdown of silver and a 6.41% drawdown of the GDX ETF.
Thursday, April 08, 2021
Stock Market New S&P 500 Highs or Metals Rising? / Stock-Markets / Stock Market 2021
By: Monica_Kingsley
Bullish run in stocks is on, driven by tech gains and value not yielding an inch. A rare constellation given the the long-dated Treasuries performance especially – as if the narratives were flipped, and value „could“ move up on rising yields. Well, liquidity and bets on the stocks benefiting from the coming infrastructure bill.
Any way you look at it, the market breadth is positive and ready to support the coming upswing continuation, even though I look for a largely sideways day in stocks on Tuesday given the aptly called fireworks to happen yesterday. Sizable long profits in stock market trades #6 and #7 have been taken off the table – 149 points in my Standard money managements, and 145 points in the Advanced money management that comes on top.
Both the VIX and put/call ratio are at extended levels – the first below 18 (formerly unimaginable to stock market non-bulls), the second approaching local lows again. As I have written yesterday:
(…) Throughout the markets, risk-on has been making a return as long-dated Treasury yields retreated, dollar fell and commodities continue their bullish flag formation. As I have tweeted on Thursday, it were the investment grade corporate bonds that signalled the turnaround in yields spreading to TLT next. Given such a constellation, the dollar‘s appeal is taking a dive as the bond market gets its reprieve. When nominal yields retreat while inflation (and inflation expectations) keep rising, real rates decline, and that leads to dollar‘s decline.
Wednesday, April 07, 2021
Microsoft AI Azure Cloud Computing Driving Tech Giant Profits / Companies / Microsoft
By: Nadeem_Walayat
Microsoft stocks risen by 10% since my last update but the valuations have stayed constant on an EC of 55, which is why Microsoft remains a great primary stock that stealthily continues to deliver as AI is driving this tech giants exponential growth continuing to beat Wall street expectations after all the analysts think linear whilst the trend trajectory is exponential. With Microsoft AI Azure cloud computing division growing by 50% per annum, converts into a Buy rating of 65%.
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Wednesday, April 07, 2021
Amazon Tech Stock PRIMEDAY SALE / Companies / Amazon
By: Nadeem_Walayat
First Amazon stock soared into the stratosphere and now so have Amazon earnings doubling, sales up 44%.Gone is Amazons EC of 148! Gone too is the relatively pricey valuation of 91 of November 2020, and here we now stand barely 3 months on with Amazon priced on par with Google trading on an EC of just 42. What does this mean, it means Amazon is CHEAP! And thus the Buy Percentage is 100%!
Unfortunately this means the odds are stacked against all those looking for lower prices. Of course we can get lucky and the market panics and takes the likes of Amazon with it but in technical and valuation terms seems very unlikely.
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Wednesday, April 07, 2021
The US has Metals Problem - Lithium, Graphite, Copper, Nickel Supplies / Commodities / Metals & Mining
By: Richard_Mills
Years of neglecting its critical metal supplies is catching up with the United States, as demand for the raw materials needed to build a new green economy that rejects fossil fuels gears up.
US President Joe Biden just announced a $2.3 trillion infrastructure spending package aimed partially at shifting the US transportation system from gas and diesel-based to battery-powered, and more support for renewable energies such as wind and solar over carbon-based sources like natural gas.
The plan is big on promises and appears to benefit many sectors, but details are scant on how the country will source the metals needed for repairing and replacing traditional “blacktop” infrastructure, and minerals that will feed a brand new “mine to battery” supply chain.
This article takes a deep dive into the US metals problem and how it might work with its northern neighbor to address it.
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Wednesday, April 07, 2021
Yes, the Fed Will Cover Biden’s $4 Trillion Deficit / Interest-Rates / Quantitative Easing
By: MoneyMetals
Central bankers and their comrades in Washington DC changed course in 2020. The policy shifted from “print money and hand it to Wall Street” to “helicopter money” in the form of direct payments and loans to citizens.
The fiscal stimulus, like the Fed’s monetary stimulus before it, provided a fix that addicted markets needed to stay high.
The helicopter money represents another “temporary” measure that will almost certainly become permanent. Much like Quantitative Easing and Zero Interest Rate Policy, bureaucrats will have a very hard time stopping what they have started.