Wednesday, October 14, 2020
Stock Market Digestion After Decisive Bullish Trend Day / Stock-Markets / Stock Markets 2020
Monday was a "gap up and go" session that did not look back in the rearview mirror as price action was able to decisively break above 3500s on the Emini S&P 500 (ES). This is the 78.6% retracement of the entire drop (3587-3198).
In addition, the market made its way into the 3540s area, which was also a key level around the 88.6% retracement. All in all, it was a decisive daily bullish trend day that also managed to close above two standard deviation channel highs.
Read full article... Read full article...
Wednesday, October 14, 2020
Do Low Interest Rates Mean Higher Stocks? Not so Fast… / Stock-Markets / Stock Markets 2020
"Rates Down, Stocks Up"? Myth ... Busted!
Let's address widespread assumptions about interest rates and the stock market
There's a widespread belief that rising interest rates are bad for stocks and a lower interest rate trend is good for stocks.
The reasoning behind that belief is that bonds compete with stocks for investment funds. Hence, the higher the yield investors can get from bonds, the less attractive stocks become and vice-versa.
This assumption sounds logical, but in reality, stock market investors do not take their cue from rising or falling yields (or interest rates).
Read full article... Read full article...
Wednesday, October 14, 2020
US Debt Is Going Up but Leaving GDP Behind / Interest-Rates / US Debt
We have plenty of evidence that US debt will balloon to $50 trillion by 2030, maybe more. Many smart people conclude that, in the meantime, the federal debt isn’t a problem.
Looking at the numbers as a percent of GDP—and considering the CBO long-term forecasts out to 2050—Sam Rines, whom I greatly respect, writes this:
"In its latest round of projections, by far the most intriguing portion of the analysis related to the dynamics around the US federal debt load. The US debt load has increased dramatically due to the response to COVID, but the ability to service the US debt load is actually improving.
Wednesday, October 14, 2020
Dell S3220DGF 31.5 Inch VA Gaming Monitor Amazon Prime Day Bargain Price! But WIll it Get Delivered? / Personal_Finance / Shopping
I have been wanting to buy a pair of these 31.5inch curved screen Dell gaming monitors for some time, but the price was never right, that is not until Prime Day which saw the price drop from £415 to £379! So no time wasting I immediately bought 2! Though subsequent to purchase it's not clear how soon I well get them delivered. Anyway I've bought 2 at a bargain price that still stands for at least the remainder of Prime Day 2020!
So if your on the look out for a GOOD 32 inch gaming monitor, then the Dell S3220DGF in my opinion is one of the best especially at the current discounted price for £379.
UK - Dell S3220DGF £379 - https://amzn.to/2Io4MHn
US - Dell S3220DGF$450 - https://amzn.to/2H6hz0p
Read full article... Read full article...
Wednesday, October 14, 2020
Karcher K7 Pressure Washer Amazon Prime Day Bargain 51% Discount! / Personal_Finance / Shopping
I was looking to buy the Karcher K4, at around £190, but no price cut there, so disappointed I looked to see if there were any price cuts and low and behold the more powerful K7 had been cut in price, apparently discounted by 51%, don't know what maths Amazon is using but still the price drop from £425 to £340 is real and significant.
So if your looking for a good pressure washer at a deep discount to it's regular price then check out the K7 before Prime Day is over!
UK - Karcher K7 £340 - https://amzn.to/3dpE10D
US - Karcher $362 - https://amzn.to/33VA4Og
Read full article... Read full article...
Wednesday, October 14, 2020
Top Strategies Day Traders Adopt / InvestorEducation / Learn to Trade
Day trading is an act where you buy and sell financial instruments on the same day. You can also decide to trade multiple times during the course of the day. In the day trading, investors take advantage of the small prices, and results can be lucrative after playing correctly. However, this is a dangerous game, especially for those who are not familiar or inexperienced investors. It is a threat to an investor who utilizes it without having a well-thought strategy.
Day trading does not suit all brokers. But some brokers are designed to have day trade in their mind such as day-traders.net that accommodates investors who want to day trade.
Read full article... Read full article...
Tuesday, October 13, 2020
AMD is KILLING Intel as Ryzen Zen 3 Takes Gaming Crown, AMD Set to Achieve CPU Market Dominance / Companies / INTEL
Last week we had another huge reminder of why Intel's stock price has been stagnating for the past 3 years whilst at the same time competitor AMD's stock price has soared into the stratosphere.
Read full article... Read full article...
Tuesday, October 13, 2020
Amazon Prime Day Real or Fake Sales to Get Rid of Dead Stock? / ConsumerWatch / Amazon
It's Prime Day! And with my list of items at hand I was quick to press the refresh button to see what discounts Prime Day would bring to items that I actually wanted to buy that ranged from a Karcher Pressure washer to 32inch curved gaming monitors to a 360' camera.
Find out if Prime Day turned out to be the real deal or if it was largely a fake sale to get rid of dead stock that most people would not be interested in.
Firstly to capitalise on Amazon Prime Member you will need to be a a Prime Member, don't worry you can sign up to a 30 day free trial by following these links.
Read full article... Read full article...
Tuesday, October 13, 2020
Stock Market Short-term Top Expected / 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. Where we go from here and how far will be gauged after the September-October correction.
SPX Intermediate trend: Intermediate correction nearly over?
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.
Read full article... Read full article...
Tuesday, October 13, 2020
Fun Stuff to Do with a Budgie or Parakeet, a Child's Best Pet Bird Friend / Personal_Finance / Animals & Pets
Parakeets or Budgies are social birds who love to play. They crave interaction with other birds or humans, so if you bring home just one pet budgie, you can become his buddy. Eliza's best pet bird friend.
Read full article... Read full article...
Tuesday, October 13, 2020
Who Will Win the Race to Open a Casino in Japan? / Personal_Finance / Gambling
...
Monday, October 12, 2020
Fear Grips Stock Market Short-Sellers -- What to Make of It / Stock-Markets / Stock Markets 2020
"This is easily the lowest wager against rising S&P rises" in the history of the data
As you may know, short-selling a stock means that a speculator is betting that the price will go down.
This is a lot riskier than taking a "long" position in a stock -- or, betting that the price will go up.
The reason why is that the most a speculator can lose by going long is 100% of his investment -- say, if a company goes out of business. However, the losses a short-seller can suffer is potentially unlimited, in other words, short-sellers can lose way more than their initial investment.
Read full article... Read full article...
Monday, October 12, 2020
For Some Remote Workers, It Pays to Stay Home… If Home Stays Local / Personal_Finance / Employment
By Dawn Pennington : None of us are medically invincible. We saw that last week when the president and first lady announced they had tested positive for COVID-19.
Remote work has helped to save many jobs and lives. And as coronavirus infection and death rates continue to tick higher, many people are settling into the idea of teleworking for the longer haul.
For some, that means social-distancing from expensive cities and seeking more space in the suburbs or across state lines.
Read full article... Read full article...
Monday, October 12, 2020
A Big Move In Silver: Watch The Currency Markets / Commodities / Gold & Silver 2020
The USD/ZAR chart has been a good predictor for silver rallies. Similar to the US Dollar index, but a bit more accurate or precise. Very important silver bottoms tend to coincide with tops of the USD/ZAR chart.
Below, is a chart of silver as compared with the USD/ZAR chart, to demonstrates this fact:
Read full article... Read full article...
Sunday, October 11, 2020
Precious Metals and Commodities Comprehensive / Commodities / Gold & Silver 2020
For the last 2 days our internet has been down which really makes you appreciate this miracle invention. We’ve had intermittent problems through the years that no one has been able to figure out until today. The phone company finally came to the conclusion that there was a tiny defect in their phone line that would only show up from time to time which made the problem so hard to track down. Today they replaced 1/4 of a mile of telephone line which seems to be working. We’ll know in a few days if this fix is going to work which I can already tell is working.
I would like to start out by looking at the long term weekly combo chart for the PM complex we’ve been following since its inception. I’m out of annotations so you’ll have to use your own imagination where the areas that need a trendline or a breakout symbol occurs.
I just wanted to point out that these are massive 4 year reversal patterns that suggests years of bull market price action. A whole lot of energy has now been stored up in these 4 year trading ranges. Big bull markets don’t start from small reversal patterns but the bigger the bottom the bigger the bull market.
Read full article... Read full article...
Sunday, October 11, 2020
The Election Does Not Matter, Stick With Stock Winners Like Clean Energy / Companies / Renewable Energy
If I put the pandemic aside and ignore the current jobs picture there are many reasons that I am bullish stocks. Housing continues to remain upbeat with sales near all-time highs and consumer confidence is rising, which means investors’ sentiment will continue to trend higher. What is most important is that stocks that have outperformed in 2020 will likely continue to outperform. So my goal is to focus on the winners and avoid the laggers.
The Election Does Not Matter
It seems clear that investors don’t seem to care who wins the election. Biden is up in the polls, and even though he has repeatedly said that he will raise taxes, the market does not seem to care. If Biden wins he will sign a huge stimulus bill and likely go for an enormous infrastructure spending bill that will propel stocks even higher. If President Trump is reelected, I also expect a stimulus bill with an eventual tax cut. While at Walter Reed Hospital, President Trump tweeted that if he wins he will push for the biggest tax cut in history. The bottom line is that regardless of who wins the presidency, stock prices are likely to continue to trend higher and ignore the weakening economic climate.
Read full article... Read full article...
Sunday, October 11, 2020
Gold Stocks Are Cheap, But Not for Long / Commodities / Gold and Silver Stocks 2020
Peter Krauth explains why he believes gold stocks are "churning out some serious profits that are likely to just keep getting better."
It's not too late for you to buy gold and gold stocks on the cheap.
If you haven't already, you may want to seriously consider it.
That move might set you up for a run over the next few years that could turn into your single best investment…ever.
You see, gold stocks are churning out some serious profits that are likely to just keep getting better.
Read full article... Read full article...
Saturday, October 10, 2020
Gold Miners Ready to Fall Further / Commodities / Gold and Silver Stocks 2020
It didn’t take long for the mining stocks to turn south once again. No wonder, given that their breakdown was more than verified.
Additionally, they also got bearish support from gold, the stock market, and the USD Index, which also confirmed their decisive move. For more details, let’s take a closer look at the chart below.
Read full article... Read full article...
Saturday, October 10, 2020
What Happens When the Stumble-Through Economy Stalls / Economics / Coronavirus Depression
Our economic prospects looked bleak back in March and April. Much of the economy was closed down, we didn’t know how bad the virus would get, and it was hard to see a good outcome.
Now the outlook is relatively better. Unemployment, GDP, and other indicators aren’t great but they’ve improved. Yet a “better” outlook isn’t necessarily a good one. It’s just “not as bad.”
Today’s numbers would be considered terrible if we weren’t comparing them to truly disastrous numbers from last spring. We avoided the worst because fiscal income replacement and business lifelines maintained consumer spending, and in some cases increased it.
If you fly a lot as I do (or used to), you’ve heard the term “stall speed.” An airplane needs to go a certain speed in order to stay aloft.
Read full article... Read full article...
Saturday, October 10, 2020
This Is What The Stock Market Is Saying About Trump’s Re-Election / ElectionOracle / US Presidential Election 2020
While reading of the title of this article may cause you to make certain assumptions about what you are about to read, I can assure you that this is not a politically motivated article. In fact, politics has absolutely nothing to do with the analysis and conclusions presented herein.
I want to start with the assumption that we have spoken about so often, and that it is social mood which directs our actions in life, including our willingness to buy stocks. As Robert Prechter noted in a study he published in 2012 on this topic, “[s]ocionomic theory proposes that unconscious social mood regulates social actions.”
Read full article... Read full article...