Wednesday, July 29, 2020
Budgie Clipped Wings, How Long Before it Can Fly Again? / Personal_Finance / Animals & Pets
So you have just clipped your new budgies wings or are contemplating clipping it's wings. However, your wondering how long will it take for the budgie to grow new flight feathers and start flying again is answered in our latest budgie / parakeet care video where we have 2 budgies. the Green budgie has a total of 20 flight feathers clipped whilst the Blue budgie has 12 clipped. So lets find out how long it takes to grow the flight feather back and more importantly how long before they are able to fly again.
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Wednesday, July 29, 2020
How To Take Advantage Of Tesla's 400% Stock Surge / Companies / Tech Stocks
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Tuesday, July 28, 2020
Gold Makes Record High and Targets $6,000 in New Bull Cycle / Commodities / Gold & Silver 2020
The gold price made a new all-time nominal high today at $1,945 per ounce. This move should not come as a surprise to anyone paying attention to the current financial landscape. The FED has injected an unprecedented amount of new money/debt into the economy since March in efforts to avoid a collapse from the impact of the Covid-19 virus and subsequent restrictions of business activity globally. Over $6 trillion in stimulus so far is roughly double the entire amount injected during the financial crisis of 2008/09. And they are just getting started.
The Federal Reserve has stated that stimulus efforts will last for years and they have committed to do “whatever it takes” to keep the economy afloat. The Federal Reserve balance sheet has shot from $4 trillion pre-crisis to $7 trillion today. This is the highest level on record by a wide margin and the fastest it has ever increased. And this is before the 2nd round of stimulus, which is currently being negotiated. While there are plenty of dollar bulls amidst a global dollar shortage, they have been incorrect in their bullish outlook thus far. The dollar index has dropped from a high of 103 on March 20th to just 94, a significant drop in just a few months to the lowest level since September of 2018.
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Tuesday, July 28, 2020
Gold Strong Signal For A Secular Bull Market / Commodities / Gold & Silver 2020
As shown in the graph below, the first half of 2020 produced an unusual change in the relationship between gold prices, stock prices and recessions, something that has only happened twice before in the last fifty years. Each of the two previous times this has occurred after a long run up in stock prices, it has been part of a cyclical change to a cycle favoring gold over stocks for a decade or more thereafter.
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Tuesday, July 28, 2020
Anatomy of a Gold and Silver Precious Metals Bull Market / Commodities / Gold & Silver 2020
During the bull market years between 2000 and 2011 the US dollar and currencies played a key role in the PM complex bull market. Tonight I would like to go back and visit some of these old charts and see how they pertain to our current bull market.
Lets start with a simple GOLD:USD ratio chart that goes back to the 2011 all time high in gold. The bottom for the ratio came in toward the end of 2015 and has been slowly rising in what we can now call a bullish rising 5 point rising wedge reversal pattern. The 2011 bear market in the ratio ended in June of 2019 when the top rail was broken to the upside. Less than a year later the price action took out the top rail of the blue bullish rising wedge reversal pattern and is starting to impulse higher. This is a very bullish development.
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Tuesday, July 28, 2020
Shopify Is Seizing an $80 Billion Pot of Gold / Stock-Markets / Investing 2020
I’m about to show you the most important table in all of investing. Please look at it closely.
Below, you’ll find the world’s 10 largest publicly traded companies in 2000, 2010, and 2020.
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Tuesday, July 28, 2020
Stock Market Minor Correction Underway / Stock-Markets / Stock Markets 2020
Current Position of the Market
SPX Long-term trend: For now, the best guesstimate is that we are still in the bull market which started in 2009.
SPX Intermediate trend: We should be approaching an important high, with confirmation coming over the near term.
Analysis of the short-term trend is done daily with the help of hourly charts. It is an important adjunct to the analysis of daily and weekly charts which discuss longer market trends.
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Monday, July 27, 2020
Why College Is Never Coming Back / Politics / Education
Here’s some great news: one of America’s most broken industries is finally being exposed as a sham. And make no mistake, the end of college as we know it is a great thing.
It’s great for families, who’ll save money and take on less debt putting kids through school. It’s great for kids, who’ll no longer be lured into the socialist indoctrination centers that many American campuses have become. And as I’ll show you, it’s great for investors, who stand to make a killing on the companies that’ll disrupt college for good.
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Monday, July 27, 2020
US Dollar Cycle Review / Currencies / US Dollar
If investors can correctly forecast the US Dollar then their portfolio will be standing on better ground.
Jesse Livermore said investors must familiarise themselves with all matters of the market. The sine wave cycle below shows regular tops and bottoms and if the investor ignores this repeating phenomena it could be at their peril. If you decide to do so, you best have a good technical or fundamental reason.
The sine wave cycle below was found with readtheticker.com 'Cycle Finder Spectrum' use of 'Bartels' logic. Yes it is mathematics, but within the site RTT Plus service we also examine the dollar fundamentals (like: inflation, money supply, banking risk, interest rates, market risk) and subject to another market like COVID19 smash the fundamentals suggest a slump in the US dollar in the immediate short term future.
Monday, July 27, 2020
Stocks Disconnect from Economy, Gold Responds / Stock-Markets / Stock Markets 2020
Given the current uncertainties and recent market moves, money manager Adrian Day offers some thoughts on the macroeconomic environment.
Global stock markets zooming ahead amid historic unemployment and economic contraction is surreal. Half of the U.S. has been locked down, with economies virtually shut, a second virus wave appears underway and yet the stock market is almost back to February's all-time highs.
And this is not only in the U.S.; stock markets have rallied strongly around the world. We know that central bank money creation is the primary cause, but this dichotomy cannot continue indefinitely, at least without a meaningful correction. Meanwhile, gold—for sounder reasons than stocks—has outperformed and, notwithstanding anticipated volatility, will, we think, continue to do so.
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Monday, July 27, 2020
Silver Begins Big Upside Rally Attempt / Commodities / Gold & Silver 2020
The move we saw in Silver early this week to new 6-year high price levels, above $22.60, is quite likely the biggest upside move in Silver since the bottom in March 2020 – after the US stock market collapsed because of the COVID-19 virus event. This new rally in Silver is likely the move we’ve been suggesting to our followers relating to a series of measured upside price moves totaling approximately $5.30 in each advance.
We wrote about these measured price moves in Gold and Silver in this article – Click Here
As traders, watching bonds accelerate moderately higher as the US Dollar falls and the stock market attempts new lofty levels, we are intrigued by the move in metals because it suggests a large segment of investors believe a bubble is nearing very peak valuation levels. The only reason metals, particularly Silver, would be accelerating as it has recently is that traders have suddenly adopted a stronger demand for second-stage hedging of risk.
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Monday, July 27, 2020
The Gold and Silver Markets Have Changed… What About You? / Commodities / Gold & Silver 2020
We tend to spend a lot of time looking into the rearview mirror, especially when under duress.
Connected to this is something psychologists call "recency bias." This simply means that what has happened in the near to intermediate past tends to inform and influence us as to how we should behave in the future.
The 2011 to early 2019 precious metals bear saga was broken only by a six-month bull hiatus in early 2016 – which then gave most of the rise back over the next two years!
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Monday, July 27, 2020
Google, Apple And Amazon Are Leading A $30 Trillion Assault On Wall Street / Companies / Tech Stocks
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Sunday, July 26, 2020
This Stock Market Indicator Reaches "Lowest Level in Nearly 20 Years" / Stock-Markets / Stock Markets 2020
Here's what happened "the last time the 10-day put/call ratio made a lower extreme"
After a big trend reversal, it's not unusual for the correction to retrace much of the initial sell-off or rally.
Thus, many investors are fooled into believing that the old trend has resumed.
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Sunday, July 26, 2020
New Wave of Economic Stimulus Lifts Gold Price / Commodities / Gold & Silver 2020
European leaders stroke a historic deal that could be a game-changer and provide a support for the euro and gold against the U.S. dollar.Historic deal. Pivotal moment for Europe. On Monday, the EU leaders agreed on a massive economic stimulus plan, after a long and crotchety summit. If passed through the European Parliament and ratified by all EU states, the European Commission could borrow 750 billion euros to finance the recovery fund and distribute 390 billion in grants and 360 billion in loans across the countries most impacted by the Covid-19 pandemic.
That's breaking news and potentially a game-changer. The stimulus could, of course, help somewhat the European economies, supporting the recovery, but the key issue is that the summit’s outcome is an unprecedented act of European solidarity. Some analysts even see the agreement as the first step towards a true fiscal union. It’s still far from it, but the recovery fund marks a precedent for common debt financing at the EU level.
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Sunday, July 26, 2020
Stock Market Slow Grind Higher Above the Early June Stock Highs / Stock-Markets / Stock Markets 2020
The S&P 500 upswing extended gains, yet retreated before yesterday's closing bell. To a certain degree, the accompanying bullish signals lost their luster too. The air is getting thinner as stock prices cut into the late-Feb bearish gap. Has this been the turning point in the great bull run, or just a modest preview of more fierce battles to be fought?
I'm definitely leaning towards the latter possibility. Far from having thrown cold water on the bull run, it's a gentle test of the bulls' resolve. In today's analysis, I'll lay out quite a few good reasons why, and also discuss the signs pointing towards caution.
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Saturday, July 25, 2020
How High Will Silver Go? / Commodities / Gold & Silver 2020
The torrid rally in the silver market reached a major milestone this morning as prices hit $21/oz.
On Monday, the silver spot price tracked by Money Metals Exchange closed at $20.12 (the futures market price settled at $20.19).
That marks the first above-$20 close for silver since 2016.
The white-hot silver market is busting through some resistance levels that should clear the way for higher highs ahead. Silver prices traded up Tuesday morning to $21.21 oz.
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Saturday, July 25, 2020
If You Own Gold, Look Out Below / Commodities / Gold & Silver 2020
It has been quite some time since I have published an article on gold. Unfortunately, we have become so busy at Elliottwavetrader that I simply have not had the time to publish many public articles.
So, as we are approaching an inflection point, I thought it would be an appropriate time to publish a public article.
Now, I have to be honest. I am quite disappointed at what I am reading publicly about gold. Many are still trying to sell you on the fact that gold is a hedge against market volatility. They suggest that you need to own gold to protect your portfolio when the stock market tanks. Well, in many past articles, I have outlined that history simply does not support this perspective.
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Saturday, July 25, 2020
Crude Oil and Energy Sets Up Near Major Resistance – Breakdown Pending / Commodities / Energy Resources
Our research team believes Crude Oil and Energy, in general, has stalled near major resistance and maybe setting up a big downside move as the COVID-19 virus continues to roil regional and global economies.
The recent news that the COVID-19 virus cases have skyrocketed suggests further economic shutdowns may push oil prices below $35 ppb over the next few weeks and months. Our researchers believe Oil has already set up a resistance level near $42 and will begin to move lower as concerns about the economic recovery transition through expectations related to oil demand going forward. We believe the renewed global economic demand for oil will present a very real possibility that oil could collapse below $35 ppb over the next 30 days.
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Saturday, July 25, 2020
FREE Access to Premium Market Forecasts by Elliott Wave International / Stock-Markets / Financial Markets 2020
Hi Reader,
You hear lots of opinions about the markets.
But who's right? Everyone has an angle.
Now, at $0 cost, you can hear from the world's largest independent forecasting company -- our friends and partners at Elliott Wave International.
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