Wednesday, February 05, 2020

Gold and Stock Market Barometric Bedlam / Stock-Markets / Financial Markets 2020

By: The_Gold_Report

Sector expert Michael Ballanger charts last month's market moves. Back in the 1980s, I had a boss that was right out of Monty Python. A Canadian by birth, he was the son of a very wealthy English nobleman who spent a number of years in Brazil as CEO of Brazilian Traction, where he was raised by servants and nannies and attended private boarding school at Upper Canada College in Toronto.

"James" was a thoroughly English gentlemen on the outside but a scandalous hell-raiser in private quarters. I recall him at a squash club banquet standing on the dining table wrapped in the Union Jack, tumbler of gin in hand, reciting a totally X-rated, four-stanza limerick that began "The once were three nuns from Birmingham (pronounced BIR-MING-UM), and here is the story concerning 'em. . .". It was his saintly wife, "Jane," who solemnly declared in the wee hours of one debaucherous morning in his basement that we had better "cease and desist with this unnecessary drinking," never revealing what might be the definition of "necessary drinking," a conundrum left unsolved for nigh-on thirty-five years.

The reason I mention this is that as we await the reopening of Chinese markets after the New Year's week closures, I am sure that many investors are engaged in "necessary drinking" as they await either a) the crash in virus-infected markets or b) the arrival of the Chinese central planner trading desk and legion after legion of stock-buying roboticized carbon units pumping up stocks to prevent a total disintegration of all things Chinese next week.

I, for one, haven't decided which it will be but I went into this weekend happier than I have been in a month because there is only one thing worse than certainty of losing money and that is the UN-certainty of losing money. The stress of reacting to events is a good stress but worrying about the nature of events is bad stress and bad stress kills. We now know that global growth is tumbling and about to get worse and that the coronavirus is a global pandemic and that both events are good for what we own and bad for what we are short (or have already sold).

Wednesday, February 05, 2020

Inverse Energy ETF AT Breakout Level – Could Rally Further / Commodities / Commodities Trading

By: Chris_Vermeulen

Following up on an exciting article we shared with friends and followers on January 17, 2020, it appears ERY has reached the first stage for profit taking with a fairly strong potential we may see this rally continue even higher.  Please review the following repost of our original research and analysis of ERY back in early January.

January 17, 2020: ENERGY CONTINUES BASING SETUP – BREAKOUT EXPECTED NEAR JANUARY 24TH

Wednesday, February 05, 2020

China Building Coronavirus Infections Concentration Camps Rather than Hospitals - Pandemic Day 57 / Politics / Pandemic

By: Nadeem_Walayat

As of today the World, mostly China has 20,450 confirmed cases of Coronavirus infections. Where the UK's tally currently stands at 3 as Friday's number of 2 was increased by 1 following the UK flying in infected persons from Wuhan. Though likely there are more than a dozen unreported infections in the UK courtesy of 120,000 Chinese students. Whilst those that say that the Coronavirus is over hyped and not that worst than the usual winter flu do not understand that the Coronavirus death rate of 2.1% is about 200 TIMES more deadly than the usual winter flu! That and 200 times as many people falling seriously ill and thus overwhelming healthcare systems!

Wednesday, February 05, 2020

Stock Market Upside Momentum Building / Stock-Markets / Stock Markets 2020

By: Ricky_Wen

Price action on Monday found a temporary bottom and then proceeded to bounce back into the 50-61.8% Fib retracement region before rolling back into the expected 3250-3240 support area on the Emini S&P 500 (ES).

The main takeaway is that short-term momentum has changed somewhat in regards to the daily 8/20EMA trending environment since the October 2019 breakout acceleration playbook. This means that February will likely be some sort of inside month until price action expands the range either above 3337.5 or below 3181. In other words, it’s a "shake-and-bake" horizontal structure (i.e., consolidation) in a pre-defined range, so traders can look to capture bi-directional setups. If thinking more intermediate-term, catching anything that is an extreme, like 3181 or 3200, could potentially turn into a double bottom/higher lows setup that one could ride. This is very preliminary still, but it’s something to consider for February and the rest of Q1 if the structure actually develops that way.

Wednesday, February 05, 2020

Copper-gold Deposits to Help Gold Miners Overcome Depletion Dilemma / Commodities / Gold and Silver Stocks 2020

By: Richard_Mills

Every fiscal quarter the World Gold Council puts out a wonderful little report on the gold market, that is made into an article by just about every mining news outlet. For reasons unknowable to mere mortals like us, the report focuses on gold demand. The reader has to go deep into the report to find the other half of the story, gold supply, and in particular, mined gold supply.

Doing so in the WGC’s latest instalment, the full-year 2019 gold market report, reveals some startling conclusions about “peak gold”. 

The concept of peak gold should be familiar to most readers, and gold investors. Like peak oil, it refers to the point when gold production is no longer growing, as it has been, by 1.8% a year, for over 100 years. It reaches a peak, then declines.

While gold production has been increasing every year, it’s been growing in smaller and smaller amounts. That is, while gold output in 2018 was higher than 2017, it was only 1% higher - 3,347 vs 3,318 tonnes, according to the World Gold Council. Production in 2017 was 1.3% more than 2016.

Wednesday, February 05, 2020

There’s More Than One Way To Invest In Real Estate / Housing-Market / US Housing

By: Joshua_Rodriguez

Investing in real estate is a hot topic these days. After all, there are several people that have made a killing doing it. Not to mention, several television shows have popped up over the past few years, outlining the fact that there’s money in the space.

However, the general perception is that in order to invest in real estate, you have to have enough money to buy a house, piece of land, or commercial building. While this is one way to go about an investment in real estate, it’s not the only way to do it. If you’re considering getting into the space, here are a few ways to consider breaking through:

Tuesday, February 04, 2020

Coronavirus Targeting 1.14 million Infections, 24,000 Deaths by End February - Global Pandemic Day 57 / Politics / Pandemic

By: Nadeem_Walayat

As of today the World, mostly China has 20,450 confirmed cases of Coronavirus infections. Where the UK's tally currently stands at 3 as Friday's number of 2 was increased by 1 following the UK flying in infected persons from Wuhan. Though likely there are more than a dozen unreported infections in the UK courtesy of 120,000 Chinese students. Whilst those that say that the Coronavirus is over hyped and not that worst than the usual winter flu do not understand that the Coronavirus death rate of 2.1% is about 200 TIMES more deadly than the usual winter flu! That and 200 times as many people falling seriously ill and thus overwhelming healthcare systems!

Tuesday, February 04, 2020

Stock Bottom Reached? Don’t Bet the Farm Just Yet / Stock-Markets / Stock Markets 2020

By: P_Radomski_CFA

As the markets grapple with the coronavirus story, the stock market is no exception. Jittery and volatile trading is what we’ve seen on Friday, January 24 already. In the heat of the moment, it’s easy to sell first and ask questions later. But times like these call for stepping back and evaluating the technical picture across several timeframes instead.

That’s exactly what we’ll do, starting with the monthly chart. Before jumping right into the chart to examine what January brought us (charts courtesy of http://stockcharts.com), it’s my pleasure to employ my experience and analytical views to your benefit – both within Stock Trading Alerts and Oil Trading Alerts. You can learn more about me by taking a look at my bio. 

Tuesday, February 04, 2020

Gerald Celente Speaks Out on Iran, Coronavirus, Gold and Global Protests / Stock-Markets / Financial Markets 2020

By: MoneyMetals

Mike Gleason: It is my privilege now to welcome back the one and the only Gerald Celente, publisher of the renowned Trends Journal. Mr. Celente is a frequent guest here on the Money Metals podcast and perhaps is the most well-known trends forecaster in the world and it's always great to have him on with us.

Gerald, thanks for the time again today. I guess we can still say happy new year. Welcome back to you.

Gerald Celente: Well thank you and thank you for your kind words.

Mike Gleason: Well, Gerald, here we are at the start of another year and a new decade also. At the start of the last decade in 2010 we were in the aftermath of the Financial Crisis that looked like the reckoning for all the debt, the expansion of government and the irresponsible, crooked behavior of folks on Wall Street wouldn't be too far away, the Tea Party movements and Occupy Wall Street were indications that people had just about enough. But here we are. The debt bubble is much larger, there have been exactly zero accountability or restraint on Wall Street, government is much bigger and more expensive than other and somehow most Americans have been lulled back to sleep. Stock prices are up. The president is talking about the greatest economy ever. Clearly the lessons of the last financial crisis don't seem to have stuck. What do you make of that and what are you expecting for the decade ahead given that people seem to have short attention spans and a high tolerance for nonsense? Can the powers that be keep the wheels on this sorry system for another decade?

Tuesday, February 04, 2020

Why 4790k Devils Canyon Processor Costs MORE USED in 2020 then When NEW! / Personal_Finance / Technology

By: HGR

Little did I know back in 2014, just months after Intel released their state of the art i7-4790k 4 core 8 thread processor code named Devils Canyon, an unlocked cpu for system builders to over clock well beyond the base clock of 4ghz all the way towards hitting the magic 5ghz clock speed, that I would still be using my then £2,500 system more than 5 years on!

So what is it about the 4790k which means not only has it stood the test of time in terms of processing power, but that it actually costs substantially more to buy NEW or USED then when it first went on sale in 2014!

Tuesday, February 04, 2020

Basics of Foreign Exchange / Currencies / Forex Trading

By: Submissions

Monday, February 03, 2020

UK Fly's Home Infected Coronavirus Nationals, China New 'Hospitals' in Wuhan are Quarantine Camps / Politics / Pandemic

By: Nadeem_Walayat

What was blatantly obvious from the outset has now happened, namely that if you fly in people from Wuhan, the epicentre of the Coronavirus outbreak then it is inevitable that a number of those people WILL be infected and thus create a risk of spreading the virus to what had been an outbreak free nation. And so it has now transpired with the news on Day 57 of the Pandemic that the UK now has at 3 declared cases courtesy of the Baldrick's in charge of handing the health emergency with their cunning plan to combat the virus by flying in infected people. Though likely dozens are infected across the nation (Universities) courtesy of 120,000 Chinese students, a number of whom are infected with the virus.

Monday, February 03, 2020

Dow Jones Utility index could trade like the FANGs / Stock-Markets / Stock Markets 2020

By: readtheticker

The world is changing because the US FED is considering capping the US 10 yr interest rate under the US inflation rate, or negative real interest rates forever. Further massive destruction of the US dollar purchasing power. Previous Post: Formula for when the great stock market rally ends In the previous post this blog said:

When valuations for the boring water company or the boring electric company is trading like your Facebook, Apple, Amazon or Netflix or Google (ie FANG) you know something is wrong. This is when a seriously over valued market is screaming at you. Of course the reader must understand in a world where money printing goes super nuts (Zimbabwe style) the stock market may go hyper inflationary and picking a time frame for a top is never a good idea, but we are not there yet. There is no Ben Bernanke helicopter money to the masses yet (ie MMT).

Monday, February 03, 2020

Stock Market Correction Continues / Stock-Markets / Stock Markets 2020

By: Andre_Gratian

Current Position of the Market

SPX: Long-term trend – There are no signs that the bull market is over.

Intermediate trend –  Limited correction underway.

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. 

Sunday, February 02, 2020

Coronavirus Being Spread by Chinese Students - Pandemic Trend Analysis Day 55 / Politics / Pandemic

By: Nadeem_Walayat

The primary conduit for the spread of the Coronavirus outside of China are Chinese people (mostly students) who traveled out of China during the past few weeks, including several tens of thousands from the Wuhan epicentre of the outbreak. So it should not come as much of a surprise that the first declared infection in the UK is from a Chinese student at York University who has sent authorities scrambling to investigate all contacts that the student had as potential sources for further outbreaks of this deadly coronavirus.

Sunday, February 02, 2020

Gold Stocks HUI Daily, Weekly & Monthly Charts - A “Translation Service” / Commodities / Gold & Silver 2020

By: Gary_Tanashian

The following is a TA post. It tries not to focus on fundamentals or the negative potential sentiment setup that could develop when Coronavirus relief finally spreads across the land. It’s the short and long-term TA of it, as it stands now.

I found this comment response to the Goldseek version of my article on the long-term gold Commitments of Traders situation to be amusing and also on point, since I know a lot of what I write can be confusing to the untrained eye amid a sea of readily digestible analysis out there. Good one, sir…

“Do you think if I pay an extra $15 a month to the $35 subscription fee you can provide a translation service in [English] to what you’re trying to talk about ?”

Sunday, February 02, 2020

Mi Amigo B17 Flying Fortress Crash Site Memorial - February 2020, Endcliffe Park, Sheffield / Local / Sheffield

By: Anika_Walayat

Here is what the US B17 Flying Fortress bomber crash memorial looks like in February 2020 which is the 76th anniversary of the crash of a US B17 Flying Fortress bomber in Endcliffe Park, Sheffield on the 22nd of February 1944 costing the lives of the 10 member crew of the "Mi Amigo". Pensioner Tony Foulds aged 82 regularly tends the memorial site after witnessing the plane crash as a child, and states that he owes his life to the airmen who avoided children in the park.

A fly past to took place on the 22nd of Feb 2019 as arranged by BBC Presenter Dan Walker.

Saturday, February 01, 2020

Stock Market Trend Forecast Outlook for 2020 / Stock-Markets / Stock Markets 2020

By: Nadeem_Walayat

The first part of my overall stock market outlook for 2020 was posted at the start of January, now here is the full analysis that concludes in an overall forecast for the Dow into the end of 2020, a gauge against which to measure relative strength or weakness as the stock market trends through the year.

This analysis was first been made available to Patrons who support my work: Stock Market Trend Forecast Outlook for 2020

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.

Saturday, February 01, 2020

Chinese Students Spreading Coronavirus Infections Across UK Universities - Pandemic Day 55 / Politics / Pandemic

By: Nadeem_Walayat

The primary conduit for the spread of the Coronavirus outside of China are Chinese people (mostly students) who traveled out of China during the past few weeks, including several tens of thousands from the Wuhan epicentre of the outbreak. So it should not come as much of a surprise that the first declared infection in the UK is from a Chinese student at York University who has sent authorities scrambling to investigate all contacts that the student had as potential sources for further outbreaks of this deadly coronavirus.

Saturday, February 01, 2020

The Coronavirus Doesn’t Matter Either… We Have the Federal Reserve! / Commodities / Gold & Silver 2020

By: MoneyMetals

As the coronavirus continues to spread, global financial markets are showing the symptoms of investor unease.

Chinese and emerging markets stocks have taken a big hit over the past several days, as have commodities. Crude oil prices have dropped 13% over the past two weeks while copper has seen a 12% drop on concerns about the impact of the China virus on global demand.