Wednesday, December 09, 2020
Amazing Budgie Sings Christmas Carols / Personal_Finance / Animals & Pets
Our Green and Blue budgies are getting into the festive spirit by carving out their perches on the Christmas tree. Whilst the Green one likes to start singing his own rendition of a number of christmas carols, songs and hymns as soon as he lands on the tree. Just as happened in this video.
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Tuesday, December 08, 2020
Stock Market New Short-term Target / Stock-Markets / Stock Markets 2020
Current Position of the Market
SPX Long-term trend: There is some good evidence that we are still in the bull market which started in 2009 and which could continue into the first quarter of 2021 before coming to an end.
SPX Intermediate trend: New intermediate uptrend underway since 2234.
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, December 08, 2020
Stock Market Is Terribly Stretched / Stock-Markets / Stock Markets 2020
When the market rallies after bad news hits the wires regarding the vaccine, and when the market rallies after news of lower job growth, well, that is the hallmark of a bull market.
You see, during positive sentiment trends, the market rallies on good news, and the market rallies on bad news. In effect, the news is truly meaningless, as the general market sentiment is all that matters. And, if this has not become abundantly clear to you since the lows in March, then there is no hope for you. In fact, the market rallied 1400 S&P500 points and over 63% during the worst of the Covid news, and during a full country economic shut down. How much more evidence do you need to see that sentiment is the true driver of market price?
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Tuesday, December 08, 2020
Digital Marketing: Investment Trends for 2021 / Companies / Marketing
The digital marketing industry continues to evolve at a rapid rate, and the upcoming year will undoubtedly be no different in that respect.
Whether you use the services of a digital marketing agency or an in-house team, it is imperative that they keep up-to-speed with the latest trends.
Standing still in business has historically proven to be a recipe for disaster, particularly for companies who are steadfast in their resistance to change.
With that in mind, we take a closer look at some of the critical areas where companies may look to invest in digital marketing in 2021.
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Monday, December 07, 2020
FREE Crypto Trading Learning Event NOW! / Currencies / BlockChain
Dear Reader,
"Breathtaking" is a fitting word to describe Bitcoin's surge from the March lows near $3,500 to the recent high near $20,000.
You probably want to know how much upside is left -- if any.
Our friends at Elliott Wave International can help -- free.
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Monday, December 07, 2020
What Do We Do with All This Debt? / Interest-Rates / US Debt
Before the coronavirus pandemic I expected the US would hit the debt wall in the late 2020s. Now, the debt is growing even faster and we will hit that wall a lot sooner.
What happens when we come to the place where we have to deal with all that debt?
Fortunately, my favorite central banker, Bill White -- who was the Bank for International Settlements' chief economist -- did a brilliant interview with my friend Mark Dittli in Switzerland in November that gives us some answers.
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Monday, December 07, 2020
What Does Biden Imply for Gold? / Commodities / Gold & Silver 2020
America has elected a new President. It was a close race, but Joe Biden eventually won and he will be inaugurated and take office in the White House on January 20. The price of gold rose initially in the aftermath of the elections, only to plunge on the news regarding Pfizer’s vaccine breakthrough, as the chart below shows. This is what we know.But what’s next for the price of gold? What does a Biden presidency mean for the yellow metal? To answer these vital questions, we will analyze the agenda of the President-elect. On the official Biden-Harris Presidential Transition website , we found that the new administration has four priorities: COVID-19, economic recovery, racial equity, and climate change.
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Monday, December 07, 2020
Bitcoin Price Next Stop: $14,000 or $37,200 / Currencies / Bitcoin
After the incredible rally in Cryptos recently and my team’s recent research articles about how to spot a “Blow-Off Peak”, the recent downturn in Bitcoin prices has raised a valid question – is this the start of a new “Blow-Off Top” for Bitcoin? In our recent 2-part research article on Blow-Off Tops, we suggested there are five phases to a Blow-Off top setup. The first is an incredible rally attempt – usually somewhat similar to a parabolic price advance. We can certainly say that Bitcoin has seen a huge price advance from near $4000 in early March to over $19,000 recently (+$15,000). Is this it? Is this a major price peak or will it continue higher?
When taken in the context of what has transpired over the past 12+ months with COVID-19 and various global lock-downs, it does make sense that many more displaced workers across the globe may have become actively involved in Cryptos and alternate assets. It also makes sense that a rush into the recent upside trending in Bitcoin, starting near early October 2020, may have prompted a rush for Crypto traders/investors. Everyone loves it when their investments rally 80% or more in less than 60 days.
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Monday, December 07, 2020
Gold Returns Above $1,800. Has It Bottomed Out? / Commodities / Gold & Silver 2020
The price of gold returned to above $1,800. Is the correction over?As the chart below shows, the price of gold rebounded, jumping from $1,763 to $1,811 on Tuesday (December 1) and increased further on Wednesday. As a reminder, the price of gold corrected more than 6 percent in November and almost 15 percent from its peak in August. Now, the key question is whether the worst is behind the gold bulls.
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Monday, December 07, 2020
This High-Confident Trade Set-up Makes for High-Confident Traders / InvestorEducation / Elliott Wave Theory
"Confident trader." Ten-fifteen years ago, the idea used to be an oxymoron -- and now, it's a multi-billion self-help industry with everyone from Wall Street gurus to armchair experts offering their brand of motivational wisdom: trust falls, vision boards, brain retraining, positive visualization, mentorship, and so on.
The common goal being: Help traders tap into their inner Rocky when they step into the "ring" of financial markets.
The problem is, not everybody can channel Rocky. Some of our inner "champions" have the muscle mass of a mozzarella stick no matter how many can-do mantras you throw at them.
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Saturday, December 05, 2020
Gold, Silver and Copper - The 3 Metallic Amigos and Their Messages / Commodities / Gold & Silver 2020
Metals Ratios Continue to Indicate Inflation
And that is welcome for monetary and fiscal policymakers of course, since inflation is the only trick they have up their sleeve to bail this mess out once again. And this is no comment on COVID-19. The economy was slowly decelerating last year well before this guy showed up (I like the picture, okay?)…
The yield curve bottomed and turned up in August of 2019 as manufacturing was slipping, long-term yields were tanking and other economic signals were fraying in the wake of the trade war. So please, no convenient COVID excuses.
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Saturday, December 05, 2020
TESCO Christmas Decorations Festive Shop 2020 - How to Beat the Coronavirus Economic Depression / Personal_Finance / Shopping
Like most western nations the UK economy fell off the edge of a cliff in March and looks set to take another economic hit following the second lockdown which looks set to see Britains 1.2 million pre wuhan chinese virus unemployment double to over 2.5 million as illustrated by thousands of job losses in the retail and hospitality sectors anounced each week.
However, with belts tight here we show how you can get your christmas decorations shop done for Under £20! All thanks to likes of TESCO which unlike most shops has remained open for the duration of the pandemic.
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Saturday, December 05, 2020
Premium Bonds Good, Bad or Ugly Investment? Here's What Return (Prize Wins) to Expect / Personal_Finance / Investing 2020
Savers starved of rates due to the continuing bailout of the bankrupt banking sector as the Bank of England literally stuffs hundreds of billions onto their balance sheets by means of artificial profits. So it's no wonder that many millions of Brit's have plowed a large chunk of their savings into government backed Premium Bonds. Here give them a good 1 year test run to see what prices (returns) they generate on a sizeable £32,500 investment. Will I beat the premium bond interest rate of 1.4%, maybe I will be one of the lucky ones and win a big prize, find out in my latest personal finance video.
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Saturday, December 05, 2020
How to accomplish a technical analysis with the Forex / Currencies / Forex Trading
In the preceding chapter we explained that to trade correctly with the Forex it is necessary to complete a daily technical analysis of the financial movements in the short and medium term.
This analysis is essential as it will help you to understand and anticipate certain effects and, in this way, consequently to improve your investments whilst keeping a good overall view of the market.
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Saturday, December 05, 2020
What is life insurance and what are the benefits of having it? / Personal_Finance / Insurance
Having life insurance is one of the most important things that you can do to protect your family and loved ones from additional stress after you pass away. Losing a partner or parent can be devastating but having the extra burden of financial problems on top of this grief can be unbearable. This is where life cover comes in.
What is life insurance?
Life insurance is a way of making sure there is financial aid for a named beneficiary or beneficiaries after you pass away. There are many varieties of life insurance and within those varieties there are different types of cover. It pays to shop around and discuss your needs with your family and professional insurance brokers.
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Friday, December 04, 2020
Pre-COVID US Economy Wasn’t All That Great Either / Economics / US Economy
The stock market and economy appear to be doing ok for the moment, as the incredibly dangerous bubble inflates further. This optimism is predicated on a plethora of COVID-19 Vaccines, which are projected to bring the economy back to its pre-COVID state of health. However, the problem with this line of thinking is that 2019 was anything but normal and healthy. It was a messy combination of a Fed slashing interest rates and re-imposing QE in order to achieve a rather mundane GDP growth rate of just 2.2%. The truth is, the pre-virus economic construct was built on Silly Sand—erected on top of asset bubbles, artificial interest rates and an avalanche of new debt issuance.
Not only will a return to “normalcy” merely bring us back to an anemic and non-viable economy, I want to highlight three things I’m watching out for during 2021 that could upend the economy and markets.
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Friday, December 04, 2020
Bitcoin Breath Taking Surge - Crypto Trading Event / Currencies / Bitcoin
Dear Reader,
"Breathtaking" is a fitting word to describe Bitcoin's surge from the March lows near $3,500 to the recent high near $20,000.
You probably want to know how much upside is left -- if any.
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Friday, December 04, 2020
Platinum Begins A New Rally – Gold & Silver Will Follow / Commodities / Platinum
My researcher team and I have highlighted a number of recent articles about Gold and Silver and how we believed the longer-term price activity and technical analysis supported a broad market advance in Precious Metals over the next 5+ years. If not, check out Part I and Part II of our recent Gold and Silver research and price predictions.
Today, we are seeing further evidence that metals are on the move – in Platinum. Platinum has been trading below $1000 for quite a while and this is roughly HALF the price level of Gold. Typically, Platinum rallies before Gold rallies in a traditional trending phase. Platinum rallies because it is used in industrial and other fields – thus it rallies in an advanced market rally phase. Gold begins to rally when a certain level of fear enters the markets or the markets enter a depreciation phase.
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Friday, December 04, 2020
Don't Let the Silver (and Gold) Bull Shake You Off! / Commodities / Gold & Silver 2020
Gold and silver exchange-traded funds (ETFs), a measure of large investor interest, are experiencing outflows as opposed to an almost interrupted inflow over the last few months.
Mining stocks which either look for or produce these metals have been moving sideways, testing the "mettle" of even perma-bulls.
Many investors see these as negative signs. But I view it as a Mr. Market's last big effort to "shake the tree," causing as many people as possible to fall off the galloping bull and head for cover.
As David Morgan has so aptly – and during times like this, often said, "A precious metals' bull run (especially that of silver) will either wear you out our scare you out!
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Friday, December 04, 2020
Stronger Risk Appetite Sends Gold below $1,800 / Commodities / Gold & Silver 2020
Gold plunged below $1,800. Will these declines finally end?November doesn’t look like a good month for gold. The declines in the precious metals market continued last week. As the chart below shows, the price of the yellow metal dropped to $1,779 on Friday (November 27).
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