Saturday, May 28, 2022

Sorry, Warren Buffett, You’re wrong About Crypto Currencies / Currencies / cryptocurrency

By: Stephen_McBride

I’ll warn you now.

What I’m about to say about the greatest investor of all time is controversial…

First, let me clear the air. We all know Warren Buffett is a legend when it comes to stocks. He’s made an annualized return of 20% for his shareholders since 1965. No one can match his track record, discipline, or longevity.

As my colleague, Chris Reilly, pointed out on May 16, Buffett’s buying quality stocks hand-over-first right now with markets down.

That’s a smart move that’s likely to pay off big time.

Saturday, May 28, 2022

The Golden Rule for Picking Tiny Stocks / Companies / Investing 2022

By: Submissions

By Chris Wood : With thousands of tiny stocks out there… how can I filter out the junk from the ones with truly huge, 500%+ potential?

As RiskHedge’s microcap expert, it’s one of the most popular questions I get…

And today, I’m sharing the easiest way to put the odds of success in your favor.

In short: The quickest way to compile a shortlist of tiny stocks with the potential to hand you game-changing profits is to apply this golden rule:

Friday, May 27, 2022

Britain's Hyper Housing Market / Housing-Market / UK Housing

By: Nadeem_Walayat

In Britain we have long since known and factored into the equation the China effect on London's property market that has long since sent it soaring into the stratosphere following the stagnation of the Mid 1990's which was probably one of the best times in decades to buy a property in terms of bang for ones buck i.e. it was before immigration soared into the stratosphere courtesy of the open door policy of Tony Blair's Labour government as the socialists enticed millions of eastern european's to come to the UK and become new Labour voters that sent house prices soaring across Britain and eventually putting housing out of the reach of many millions of prospective home buyers who enjoyed a brief respite in the aftermath of the great financial crisis when demand slumped along with the economy.

Friday, May 27, 2022

Lower Copper price due to Chinese lockdowns is only Temporary / Commodities / Copper

By: Richard_Mills

Copper is one of our most important metals with more than 20 million tonnes consumed each year across a variety of industries, including building construction (wiring & piping,) power generation/ transmission, and electronic product manufacturing. The red metal is also a key component in transportation; electric vehicles use about four times as much copper as regular internal combustion engine vehicles.

A combination of supply disruptions, historically low copper stockpiles and higher energy costs, propelled copper to a new all-time high of $4.94/lb on Friday, March 4. 

Since then, the base metal has lost momentum mostly because of lower demand in China, the world’s biggest consumer of copper end products.

The latest data shows China’s copper imports fell 4% in April, year on year, as the return of covid-19 forced lockdowns of several Chinese cities including Shanghai, hurting manufacturing and consumption.

Friday, May 27, 2022

How the United States Conquered Inflation Following the Civil War / Economics / Inflation

By: MoneyMetals

By Larry Reed : Americans today are once again the victims of price inflation brought on by runaway government spending and printing of unbacked paper money.

According to the most recent polling data, the American public’s approval of Congress stands at a dismal 21 percent. Almost four times as many people disapprove of the job it’s doing.

That’s par for the course in recent decades. It’s the major reason the Washington sausage grinder earns so little praise. To be fair, though, let’s review an occasion when lawmakers got something right. I’m prompted to share this story now because its lessons are especially relevant considering today’s concerns about rising price inflation. The year was 1875.

Friday, May 27, 2022

Greater Depression Now!? / Economics / Great Depression II

By: Raymond_Matison

Most investors know that a recession is defined by a decline in national GDP for two quarters, that is, two three month periods.  Investors also have experienced economic pundits writing or announcing that “we may experience a recession in the next several quarters, or expect one in the next one to two years”.  It seems that we are actually never in a recession, but rather a recession may be experienced by the public in the not too distant future. 

In one respect that viewpoint is understandable since it takes several months for the National Bureau of Economic Research (NBER) to confirm that the economy has previously experienced two quarters of negative growth, and thus they can never confirm that we are in a recession, but rather we can only know with a lag that we have previously experienced a recession.  It could take up to a year for the NBER to confirm that we were in a recession, but by the time they are able to confirm this fact – we may already have exited that recession.  Also, it requires significant lags of time to confirm that the economy continues to remain in a recession.  Thus, such information may be valuable and interesting to economists, but because of reporting and confirmation lags, it has essentially no value to the consumer.

Friday, May 27, 2022

Stocks: Is the Really Scary Part Just Ahead? / Stock-Markets / Stock Market 2022

By: EWI

Here's one of the actions which investors take when they get "rattled"

Big daily selloffs have occurred since the stock market's downtrend began in January.

For instance, on May 18, the Dow Industrials closed lower by 1,161 points -- a 3.6% drop. The S&P 500 shed 4% on the same day.

Yet, most investors aren't exactly shaking in their boots. Panic is absent.

After the market close on May 18, the U.S. Short Term Update, a thrice weekly Elliott Wave International publication which analyzes near-term trends for major U.S. financial markets, showed this chart and said:

Friday, May 27, 2022

The Dark Side of the Internet - Cybersecurity / Companies / Cyber Security

By: Stephen_McBride

Superinvestor Warren Buffett called it “the number-one problem with mankind.”

JPMorgan CEO Jamie Dimon said, “it may be the biggest threat to the US financial system.”

And Bob Dudley, the former CEO of oil giant BP, told investors it’s what “keeps me awake at night.”

These guys have millions or billions of dollars… so you might assume they’re worried about direct threats to their wealth like inflation, runaway government spending, or the plunge markets have taken lately.

Believe it or not… they’re talking about the grave threat of cyberattacks.

Tuesday, May 24, 2022

Why Ray Dalio is WRONG About China - Principles for Dealing with the Changing World Order / Politics / China US Conflict

By: Nadeem_Walayat

A number of patrons mentioned Ray Dalio and his new book "Principles for Dealing with the Changing World Order" and asked for my opinion, In respect of which Ray Dalio posted a high production 40 minute youtube video of the same title.

Tuesday, May 24, 2022

Globalists Convene to Plan Central Bank Digital Currencies / Currencies / cryptocurrency

By: MoneyMetals

Central bankers and bureaucrats are seizing on recent turmoil in cryptocurrency markets to push aggressively for central bank digital currencies (CBDCs).

They made their case to other global elites gathered in Davos on Monday for the World Economic Forum’s annual meeting.

Kristalina Georgieva, managing director of the International Monetary Fund, said, “Bitcoin may be called a coin, but it’s not money. It’s not a stable store of value.”

Tuesday, May 24, 2022

After Recent Highs, What’s Next for the Gold Junior Miners? / Commodities / Gold and Silver Stocks 2022

By: P_Radomski_CFA

Signs are pointing to gold’s May rally running out of steam as the USDX reaches its short-term bottom. But how much stamina is left in the yellow metal?

Another day, another higher close in the junior miners. And another day where profits on our long positions in the latter increased. There is a sign that the rally in the precious metals sector is close to being over.

That sign is the situation in the USD Index, and the shape of the gold-USD link.

Saturday, May 21, 2022

Why APPLE Could CRASH the Stock Market! / Stock-Markets / Stock Market 2022

By: Nadeem_Walayat

Dear Reader

The earnings bloodbath materialised, that started on Tuesday with Google trading down to $2265, and ended on Friday with Amazon plunging down to a new low of $2425. With the two 'cheap' stocks Qualcom and Facebook rallying strongly post earnings. Virtually everything went according to the script of my last article i.e. "we could see Amazon trade to well under $2500, probably into the $2450 to $2300 support zone". The only odd one out was Apple that refused to budge much from $160, where my expectations remain is headed to below $142.

Saturday, May 21, 2022

Why Is Crude Oil Ignoring US Inventories? / Commodities / Crude Oil

By: Submissions

While the current pull-back on black gold is fundamentally triggered by different forces, where is the prevailing wind coming from that is pushing prices lower?

On Wednesday, the day after the US Fed’s Chair Powell showed a more hawkish tone, crude oil prices dropped 2.5% following profit-takings on most commodity markets - new fears emerged that a world economic slowdown combined with rising interest rates could negatively impact the global demand. By the way, talking about profit-takings, our subscribers took theirs on Monday within the last phases of the strong rally in crude oil that hit our last projected targets.

Saturday, May 21, 2022

Here is Why I’m Still Bullish on Gold Mining Stocks / Commodities / Gold and Silver Stocks 2022

By: P_Radomski_CFA

The medium-term outlook for the precious metals remains bearish, but does this mean we can’t profit on shorter-term moves? Quite the opposite!
Precious metals declined yesterday, and so did the general stock market. Is the rally already over?

When I wrote about this rally on May 12, which took place at the same time when I took profits from the short positions and entered the long ones, I mentioned that I planned to hold these long positions for a week or two. Since that was exactly a week ago, the question is: is the top already in?

In short, it probably isn’t. As always, it’s useful to check what happened in the past in similar situations to verify whether what we see is normal or some kind of an outlier that cannot be explained by something that has already happened.

Let’s start with a quote from yesterday’s analysis:

Of course, there will be some back-and-forth movement on an intraday basis, but it doesn’t change anything. Junior miners are likely to rally this week nonetheless. And perhaps not longer than that, as the next triangle-vertex-based reversal is just around the corner – on Friday/Monday.

Friday, May 20, 2022

THE INFLATION MEGA-TREND QE4EVER! / Economics / Inflation

By: Nadeem_Walayat

A reminder folks that regardless of Fed propaganda and what you read in the mainstream press QE is 4 EVER! Once it starts it will not stop. As I have been iterating for over a decade now as the following excerpt from 3 years ago illustrates (Stock Market Trend Forecast March to September 2019) that CRISIS ARE MONEY PRINTING EVENTS TO CAPITALISE UPON BY INVESTING IN ASSETS THAT ARE LEVERAGED TO INFLATION!

So why has the the stock market soared, what is that the stock market knows that most commentators and economists fail to comprehend? We'll for one thing there are the dovish signals out of the Fed which go beyond a pause in their interest rate hiking cycle in response to a subdued inflation outlook. Similarly the worlds other major central banks have their own reasons to avoid rate hikes, most notable of which is the Bank of England that has been busy propagandising the prospects of a NO Deal Brexit Armageddon in attempts to scare Westminister into avoiding EXITING the European Union in anything other than an ultra soft BrExit.

Friday, May 20, 2022

US Real Estate Investors – Is There An End In Sight? / Economics / US Housing

By: Chris_Vermeulen

The US stock market contracted sharply over the past 30+ days while traders attempted to identify the risks associated with the US Fed rate increase. Behind the scenes, real estate investors and homeowners are under pressure due to higher costs on nearly everything. Gas, food, everyday items, credit card interest payments – almost everything costs more due to inflation and increasing fuel costs.

I remember in 2007-08 when Oil reached levels above $140ppb and the seemingly high costs of everything just before inflation peaked and the markets turned bearish. Back then, much like today, a period of extreme speculation seemed to permeate buyers and investors throughout the US.

What broke this trend was the Global Financial Crisis. When the economy started to unravel, excessive credit/debt levels suddenly became unmanageable for nearly everyone. What seemed like a reasonable and manageable amount of debt suddenly became excessive as the US Fed raised the Fed Funds rate from 1.0% to 5.5% – a 450% increase.

Recently, we’ve seen the US Federal Reserve raise rates from 0.25% to 1.0%. The Fed may raise rates again soon, trying to tame inflation. I don’t have a crystal ball, but it is not difficult to understand how inflation, higher consumer costs, and increased debt servicing costs are going to panic many real estate investors, especially after many years of ZIRP and low inflation.

Friday, May 20, 2022

How Technology Affected the Gaming Industry / Companies / Gaming

By: Sumeet_Manhas

Online gaming isn't an exception to the permeation of technology into every facet of life. In the game sector, have you observed a rise in user numbers recently? We can thank technology for this. Online gaming has undergone several transformations throughout the years, the most of them have resulted in advancement. This industry has expanded and progressed in recent years.

Online gaming's popularity has grown as a result of a wide range of technological advancements. In today's world, gaming is a massive phenomenon. Quite a few of our users are now or are planning to be professional gamers. With Spectrum online, you'll find it much easier to play online games. You can see here how technology has affected games. It's for the best.

Friday, May 20, 2022

How To Set And Achieve Reasonable Goals For Your Company / Companies / SME

By: Steve_Barker

Setting and achieving goals is one of the most important aspects of any business. Without defined goals, it can be difficult to measure progress and know when you’ve reached your targets. This can lead to a lack of focus and direction, which in turn can cause a business to stagnate or even fail. And achieving goals is never easy – it takes careful planning and execution.

Thursday, May 19, 2022

How Low Could the Amazon (AMZN) Stock Price Fall? / Companies / Amazon

By: Nadeem_Walayat

Amazon $2485 : PE 46.7: EGF -68% : EC 332

Amazon Crashed 10% on BAD earnings as Amazon delivered an EPS of -$7.56 vs $8.73 expected, why were Amazon's earnings so bad? It's because the US is going into significant economic slowdown that increases the odds of a recession being declared this year!. Amazons PE before earnings was 43.7, AFTER earnings and the price plunge the PE is 46.7, That's right AMAZON is MORE EXPENSIVE AFTER the PRICE DROP THAN BEFORE! Pay attention here and learn a valuable lesson not to just buy a stock because it drops! For amazon to trade at a PE of 43.7 the stock would need to drop to $2325.

Thursday, May 19, 2022

Bitten by FANG? Clocked by Cryptos? -- 'Air Pockets' Everywhere / Companies / Tech Stocks

By: EWI

Hi reader,

Like most investors right now, you may be feeling anxious.