Sunday, May 23, 2021
True or False: Inflation = Stock Market Sell-off? / Stock-Markets / Stock Market 2021
Before you answer, recognize that the "market has a law of its own"
The topic of inflation has been grabbing a lot of financial headlines.
Indeed, financial journalists have "blamed" inflation for recent stock market sell-offs.
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Sunday, May 23, 2021
Is Online Gambling On The Rise In The UK? / Personal_Finance / Gambling
So, how big is the UK online casinos right now? Is it still on the rise, or is it already over its peak days? And what are the things that you need to understand in the middle of this rise in this industry?
Here are some of the things that you should know.
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Saturday, May 22, 2021
AI Tech Stocks Buying Levels, Expensive / Cheap (EC) Indicator and Buy % Ratings Explained / Companies / Stock Market Valuations
The stock market is now moving into my forecast time window for a correction to begin of approx 10% decline as illustrated by my trend forecast graph.
Firstly What are Buying Levels?
Buying levels are high probability technical levels that a stock 'could' trade down to during a correction i.e. an achievable technical chart level that could be used to for instance to put in buy limit orders at just above the buying level if one is eager to accumulate more stock into any particular company as an example last September the Buying Level for Google (Alphabet) was $1395, so a limit order at $1395 or higher would be the objective depending on how eager one is to gain exposure to Google i.e. If I really wanted to buy more Google at the time then the limit order would be OVER $1400 as stocks tend to find support at round numbers, whilst if I was less inclined to buy Google then the Buying level would be at $1395, lower than that and there is a decreasing probability that a buy will be triggered.
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Saturday, May 22, 2021
How to Withdraw from Nicehash to Coinbase Bitcoin BTC Wallet or to Any Hard Wallet / Currencies / Crypto Mining
Nicehash suspended easy direct withdrawals to Coinbase just before the halted all withdrawals which they have not resumed. This video shows you to transfer your BTC out of Nicehash to Coinbase or any other hard wallet or service. Follow the steps in this video to easily get your BTC off of Nicehash in case they Suspend withdrawals AGAIN!
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Saturday, May 22, 2021
What Investors and Traders Should Be Doing About the Stock Market’s Strange Behavior / Stock-Markets / Stock Market 2021
Today, I’m going to answer a question that’s likely on your mind. It’s about the stock market’s recent strange behavior and the one thing ALL investors and traders should be doing about it.You see, one of the very first stocks I ever recommended just reported phenomenal earnings. Sales jumped 37%. The company acquired a record number of customers, and it forecasts great sales again next quarter. What do you think happened to the stock price? We’ll come back to this in a moment.
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Saturday, May 22, 2021
Cryptocurrency Crash Benefits Gold / Commodities / Gold and Silver 2021
This week has been truly brutal for the entire cryptocurrency sector, with the prices of major currencies like Bitcoin and Ethereum crashing at least 30%. The overall sector has shed trillions of dollars in value.
The recent carnage for holders of digital currencies could be due to a variety of factors including profit taking spurred by Elon Musk, an easing of inflation worries, or concerns about new regulations coming down the pike.
Whatever the case may be, some of the capital that recently left the crypto space has found its way into the gold and silver markets. This trend could continue as well, with precious metals gathering strength and with Bitcoin still having plenty of room to fall further.
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Saturday, May 22, 2021
DXY Weakness: Are You in A Crowded Commodities Trade? / Currencies / US Dollar
Have you been long commodities like agriculture or oil? The US Dollar has continued to weaken, but is this trade getting a little long in the tooth?
Happy Hump Day, folks. Here are some quick facts: The US dollar has been in a steep downtrend since late March. The most recent CPI print in the US was a monster. The Fed has continued with the “lower for longer” theme. The Biden administration is looking to spend trillions upon trillions with no clear path for repayment, and it doesn’t seem to matter. Has the short dollar/long commodities trade gotten “too easy"?
The answer is yes, or at least most likely. Some steam will have to come out at some point. I’m not setting off any immediate alarm bells here and don't care to theorize on whether inflation is indeed transitory, as the Fed states. However, when a trade theme has that much going for it, for so long, in leveraged markets, it usually ends suddenly or at least experiences a snapback. Just some food for thought.
The US Dollar Index (DXY) can give us some clues.
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Saturday, May 22, 2021
Gold historically follows Inflation higher. Will it do so Again? / Commodities / Gold and Silver 2021
Precious metals are among the best places to park your money in times of economic or political distress.
Gold and silver offer stability during a period of extreme stock market volatility and low bond yields, and while they do not pay interest or dividends, they are not subject to inflation like paper currencies.
It is also, in my opinion, a smart strategy to allocate a portion of gold and silver to your investment portfolio, knowing that precious metals can be used as a “fail-safe” currency in the event of a total financial collapse.
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Friday, May 21, 2021
How the Pandemic Is Changing the Labor Market / Economics / Employment
When it comes to the US jobs situation, the “One of these things is not like the others” song from Sesame Street comes to mind.We have two competing narratives. Official data says millions are unemployed and seeking work. At the same time, businesses say they can’t find enough workers.
A skills mismatch between the workers who need jobs and the job openings themselves isn’t unusual. But many of today’s available jobs don’t require advanced education.
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Friday, May 21, 2021
Gold Price Reversal Is the Name of the Game / Commodities / Gold and Silver 2021
When the USDX declines, the PMs usually celebrate and rise as a result. However, this was not the case yesterday – and we can’t ignore it.
“Reversal” is the name of the game, at least when it comes to the precious metals market.
The USD Index declined profoundly once again yesterday (May 18), and gold, silver, and mining stocks ignored this move. They didn’t want to follow in its footsteps anymore.
Friday, May 21, 2021
Inflation Bunker Mentality: 'Striking' Similarities Between Now and the Inflationary 1970s / Economics / Inflation
Sector expert Michael Ballanger examines the parallels between the present and the inflationary years of the mid-1970s, and also comments on how gold markets are responding.
For many of those following the writings of this "dithering old fool," who continues to hold an unfailing conviction in the strategic importance of gold and silver ownership in an otherwise out-of-control fiscal and monetary world, let me tell you a story about the 1970s.
I arrived in Saint Louis, Missouri, in the late summer of 1972, at the start of a magical four-year career as a student athlete at one of the top undergraduate business schools in the country. Populated largely by Jesuit educators, it also had many non-Jesuit professors in the twilight of their business careers that bestowed impressive anecdotes upon the collective psyches of the student population. In fact, it was a wonderful, coffee-sipping, Camel non-filter-chain-smoking finance professor who stood in front of the class in old De Smet Hall one morning, tripping the light fantastic about the implications of Richard Nixon abandoning the gold standard the year before and how it was going to cause massive inflation.
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Friday, May 21, 2021
3 World-Shaking Trends Investors Need To Watch This Year / Companies / BioTech
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Thursday, May 20, 2021
AI Tech Stocks Buying Levels, Expensive / Cheap (EC) Indicator and Buy % Ratings Review / Companies / Tech Stocks
The stock market is now moving into my forecast time window for a correction to begin of approx 10% decline as illustrated by my trend forecast graph -
9th Feb 2021 Dow Stock Market Trend Forecast 2021
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Thursday, May 20, 2021
Credit Market Wheels in Danger of Coming Off? / Stock-Markets / Financial Markets 2021
SPX backing and filling worthy of Monday‘s session – with important rotations below the surface. Namely, tech and Nasdaq underwent daily consolidation on long-dated Treasuries retreating a little. Key point though was rejection of the intraday downside, making the S&P 500 pendulum likelier to swing this week again bullish. The VIX spike was rejected while option traders didn‘t give up much of their bearish resolve, which doesn‘t spoil the bullish picture though.
Stock trading yesterday was accompanied by the bond markets moving down. Such a non-confirmation is encouraging in its implications, as the markets are still taking seriously the transitory inflation messaging in light of the less alarming nature of Thursday‘s PPI. Seems like we‘re in for a few relatively stable weeks of Treasury yields undeperforming inflation expectations before the yield climb returns:
(…) The transitory inflation story got modestly supported, but while I think that the red hot CPI inflation would die down a little (i.e. not keep rising ever as steeply as was the case with Wednesday‘s data) once the year on year base to compare it against normalizes, a permanently elevated plateau of high and rising inflation would be a reality for more than foreseeable future simply because the Fed would be as behind as Arthur Burns was in fighting the 1970s inflation, and upward price pressures in the job market pressures would kick in.
Thursday, May 20, 2021
Gold Rebounds After Fainting Due to Inflation Spike / Commodities / Gold and Silver 2021
Gold recovered after a downward response to the surge in inflation. What’s next for the yellow metal?Gold rebounded after an initially bearish reaction to the BLS report showing that inflation soared 4.2% in April year-to-year. This means we have an inflation annual rate doubling the Fed’s target and the highest since the Great Recession as the chart below shows.
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Thursday, May 20, 2021
The Growing Market of New Crypto / Currencies / cryptocurrency
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Thursday, May 20, 2021
Bitcoin CRASH! Nicehash Freezes Withdrawals in Crypto's BLOOD BATH 2021 / Currencies / cryptocurrency
The crypto mania bubble has finally BURST! All of the crypto's have gone into a free fall crash led by Bitcoin, Ethereum, Ripple, Doge coin and so on, all CRASHING, with exchanges and services halting withdrawals through use of BS press releases such as security hacks, much as I have been warning would happen for several months as to why no one should hold their funds with Nicehash or in any crypto's, transfer to coinbase and SPEND IT, don't HODDLE as many of the noob crypto miners have been doing, now locked into freefalling markets! Where any bounce will prove temporary to what amounts as a new bear market for most crypto's.
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Thursday, May 20, 2021
Coronavirus was a Test and we FAILED / Politics / Coronavirus 2021
“The Truth, when you finally chase it down, is almost always far worse than your darkest visions and fears.” ~ Hunter S. Thompson
I think Hunter S. Thompson is being proven right by revelations becoming obvious daily. I’m a natural skeptic, so I rarely believe anything I’m told without verifying facts, analyzing data and understanding the motivation of those making declarations and assertions. For most of my life I thought I generally understood how the world worked.
Doubts about my understanding began to creep into my mind between 2000 and 2008, as I watched my government cover-up the truth about 9-11, use it to institute an Orwellian surveillance state through the Patriot Act, invade Iraq based upon a false narrative of WMD and links to 9/11, and watching those controlling the Federal Reserve create the dot.com bubble and follow it up with a housing bubble – all done to benefit Wall Street banks, billionaires, connected politicians, and Deep State apparatchiks.
The national debt was $5.6 trillion in 2000, the budget was as close to balanced as it had been in decades, the defense budget ($300 billion) was at decades low as there was no major conflicts in the world, and term limits were still a legitimately discussed election issue. If someone was told on January 1, 2000 that in 2021 the national debt was going to hit $30 trillion, with annual deficits of $3 to $4 trillion, a defense budget of $750 billion as war looms on the near-term horizon, and all semblance of governing through legislation to benefit the citizenry had dissipated, they would have laughed, accused you of being a conspiracy nutjob, and said the nation would be a hyperinflationary banana republic with 50% interest rates if any of that came to pass. The truth is always far worse than your darkest visions and fears.
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Thursday, May 20, 2021
Will Precious Metals Investors Get the Last Laugh? / Commodities / Gold and Silver 2021
Financial markets have become a complete joke. From GameStop to Dogecoin to non-fungible tokens (NFTs), a plethora of assets have been pushed to laughable heights with the help of the Federal Reserve’s funny money.
Just about everyone, except for stone-faced Fed officials, seems to be in on the joke.
Dogecoin promoter and billionaire Tesla founder Elon Musk poked fun at cryptocurrencies and the U.S. dollar itself during his hosting duties last weekend on Saturday Night Live.
During the “Weekend Update” segment, Musk appeared in character as a cryptocurrency guru. He admitted Dogecoin began as a joke.
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Thursday, May 20, 2021
Is This The Most Exciting Healthcare Development Of The Year? / Companies / BioTech
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