Tuesday, August 18, 2020
Best Cheap Amazon Gaming Mouse - EasySMX PC Gaming Mouse with Lightweight Honeycomb Shell / Personal_Finance / Gaming
Bought this Easy SMX PC Gaming Mouse from amazon (current price £12) for my son as as the right click button in his existing (cheap) mouse died.
This mouse looks good, it looks like it's been 3d printed with a see through mesh design that is good for grip and has an overall fine ergonomic feel to it.
The mouse has FoUR buttons, which are very responsive which I suppose why its being sold as a gaming mouse.
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Tuesday, August 18, 2020
Gold After US Dollar Dominance / Commodities / Gold & Silver 2020
Today, if gold had the same kind of performance as the Dow since around the creation of the Federal Reserve in 1913, then it would have topped out at around $7 758 [(29568/78.78)*20.67]. Yet, it only has an all-time high of about $2 089.
In 1973 gold was in a similar type of position. The Dow had peaked at 1067.2 (in Jan 1973), which represented a X13.55 (1067.2/78.78) since 1913. If gold had scored a similar performance, it would have had a peak of about $280 (13.55*20.67), yet its peak at that time (the beginning of 1973) was only around $70.
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Tuesday, August 18, 2020
From Trump’s TikTok Mess to Technology War against China / Politics / China US Conflict
As the US economy is expanding trade wars, which will derail global recovery, the Trump White House is targeting Chinese innovators thus fostering US national champions under the pretext of ‘national security.
In the early 2010s, an aspiring Chinese internet entrepreneur Zhang Yiming launched ByteDance, while developing a video sharing platform. After success in China, he began to internationalize TikTok.
To avoid conflict in national jurisdictions, Zhang had TikTok and its Chinese version Douying run on separate servers. TikTok's data collection is similar to that of major US social media and certainly less intrusive than Facebook’s.
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Tuesday, August 18, 2020
Aussie Dollar Soars to Multi-Month High: You Can't Have Your Fed Stimulus Boost AND Eat It Too / Currencies / Austrailia
This chart of the Australian Dollar/US Dollar exchange shows that since late March, the dollar-down-under has trended:
UP... to its highest level in 15 -- no, make that 18 months.
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Tuesday, August 18, 2020
Closing a limited company: How to close a company? / Companies / SME
Many times a person can decide to shut down their limited company. This can, for many reasons, like the desire to retire or join full-time employment. You may also chance upon the opportunity to become the sole trader. No matter the reasons, you need to make sure that you are not keeping any loose ends. If you miss any of the legalities, it can be problematic.
All outstanding payments and bills need to be cleared, money that your clients still owes to you should be collected, etc. All these things may sound straightforward, but that is not the case. It can get quite complicated, and a professional who has been helping limited companies close must be consulted.
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Monday, August 17, 2020
Gold & Silver Detailed Trend Forecast 2020 and 2021 / Commodities / Gold & Silver 2020
This research article may get a bit technical, so please excuse us in advance if we ramble on about Measured Moves, Fibonacci Price Amplitude Arcs, and other technical jargon. Our goal is to share with you our expectations for Gold and Silver near the end of 2020 and out into early 2021.
ARCS, MEASURES & THE US DOLLAR
Our first observation to share with you today is the potential for the “Measured Price Moves” in Gold and Silver to continue. We’ve seen near-perfect price advances over the past 8+ months relating to these Measured Moves. In Gold, the Measured Move equates to about $263.20. In Silver, the measured move equated to about $5.40.
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Monday, August 17, 2020
Stock Market Waiting For Acceleration Phase / Stock-Markets / Stock Markets 2020
Wednesday played out as a gap-up and grind-up type of session, as the bull train remains in full control.
Wednesday closed at 3369 in the ES, near the highs of the session and also at a new closing print high for the week. The entire day’s range was 3382.5-3326.50, including overnight hours. Wednesday was also a full retracement of Tuesday's losses, indicating that the quick backtest into daily 8EMA was stick-saved by the ongoing bulls.
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Monday, August 17, 2020
Has the Stock Bulls' Strength Returned? / Stock-Markets / Stock Markets 2020
Stocks have yet again approached the all-time highs, but on volume that wasn't this low in months – that's a red flag. The stimulus talks haven't really progressed, but markets there is no jittery sentiment as the put/call ratio stubbornly clinging to its lows show.
But let's look under the hood of the stock advance as that fittingly illustrates all the above.
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Sunday, August 16, 2020
Gold $2,100 and Silver $30. What Next? / Commodities / Gold & Silver 2020
On August 7, gold in U.S. dollars, notched its all-time nominal high of $2,089 (It's been printing new highs in many other currencies for quite awhile now.)
Silver peaked (so far) at $29.92. After a few days of attempting to scale $30, it gave up the ghost and dropped a stunning $4.90 intraday, closing down $3.20.
Not satisfied with punishing the bulls during the day session, silver proceeded to drop another $2.30 in overnight Forex trading, but next day opened virtually unchanged just below $26!
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Sunday, August 16, 2020
Forex, Gold, Silver + 5 More Metals Market Forecasts / Commodities / Gold & Silver 2020
3 (free) ways to ride next big wave in EURUSD, USDJPY, gold, silver and more
Hi Reader,
We are well into the second half of 2020. Are you on track to meet your 2020 trading goals?
Our friends at Elliott Wave International (EWI) can help -- free.
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Sunday, August 16, 2020
Hyper-Chaotic Expectations Could Collapse US Economic Recovery Expectations / Economics / Coronavirus Depression
As much as we may not want to deal with the reality of the situation, recent news from the state of California suggests it and many other states may be reaching the fiscal boundaries of the COVID-19 economic contraction. The reality of the economic situation is that when consumers are restricted from normal activities, taxes, sales, and revenues decrease for the state exponentially. States that depend on consumers and business activity with very large budgets are at greater risk of experiencing immediate fiscal issues the longer the COVID-19 virus event continues. A recent Moody’s Analytics article suggested Nevada, Hawaii, New York, Washington, Florida, DC, and Connecticut would be hit the hardest by the COVID-19 virus.
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Sunday, August 16, 2020
Precious Metals Are in the Danger Zone, 2020 Forecast Issue Revisited / Commodities / Gold & Silver 2020
Sector expert Michael Ballanger runs the numbers on current and future values of gold and silver given current economic conditions.
"I'd rather be a gold bug then a paper worm." —Anonymous
In late 2019, as I was laying out the framework for the 2020 GGMA Forecast Issue, there was only one four-letter word that kept cropping up and that word was D-E-B-T (actually there were two, but one was what I mutter every time the auto spellcheck completes a word I do not intend to type).
Long before COVID-19 and government-imposed lockdowns cratered the global economy, I was formulating the future price of gold based upon the layers upon layers of sovereign, corporate and household debt sloshing around the world. I deduced that since faith in fiat currencies was rapidly evaporating, then the only remaining collateral left carrying the ability to underpin the gargantuan sovereign debt beast was gold.
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Saturday, August 15, 2020
Adaptive Fibonacci Price Modeling System Suggests Stock Market Peak May Be Near / Stock-Markets / Stock Markets 2020
Our Adaptive Fibonacci Price Modeling system is suggesting a moderate price peak may be already setting up in the NASDAQ while the Dow Jones, S&P500, and Transportation Index continue to rally beyond the projected Fibonacci Price Expansion Levels. This indicates that capital may be shifting away from the already lofty Technology sector and into Basic Materials, Financials, Energy, Consumer Staples, Utilities, as well as other sectors.
This type of a structural market shift indicates a move away from speculation and towards Blue Chip returns. It suggests traders and investors are expecting the US consumer to come back strong (or at least hold up the market at least) over the next 6+ months.
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Saturday, August 15, 2020
With Gold Above $2,000, Bulls Triumph! What’s Next? / Commodities / Gold & Silver 2020
The triumph of the gold bulls has finally come, as gold jumped above $2,000. But what’s next for the shiny metal?
Well, that escalated quickly! At the end of July, when gold was still below $1,900, I went on a short vacation, and when I’m back, the yellow metal is above $2,000. Whoa, it was a real blitzkrieg! Just please take a look at the chart below – as you can see, gold soared in early August, surpassing the psychologically important level of $2,000 per ounce.
Saturday, August 15, 2020
Stock Market, Asset Price Crash Dead Ahead / Stock-Markets / Stock Markets 2020
An All-Asset Price Crash (AAPC) might be the next “Wow! Can you believe it?”
In the meantime, whether it be stocks, bonds, gold, or oil, investors are licking their chops and counting their profits before they are booked. And, they have reason to gloat. Let’s see what all the noise is about.
STOCKS
Since the stock market lows less than five months ago, the Nasdaq Composite Index is up sixty-six percent. At its most recent intraday high of 11,126, it is nearly twelve percent higher than it was before falling by one-third this past March.
Any fears from investors about “technical damage” created by the previous price collapse have been swallowed up by the recent huge gains in the index. Here is what it looks like on a 5-year chart…
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Saturday, August 15, 2020
NASDAQ vs. DJIA: Does the Recent Divergence Matter? / Stock-Markets / Stock Markets 2020
"The NASDAQ nearly doubled in the last 100 days of its rally."
This quote sounds like it's from 2020, doesn't it?
After all, since its March bottom near 6600, the NASDAQ has rallied to a new record high. Low to high, it has indeed "nearly doubled."
And yet, the quote above is not new. It's from the year 2000.
It appeared in Financial Forecast, a monthly publication by our friends at Elliott Wave International covering stocks, bonds, the dollar, gold, the economy and more.
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Friday, August 14, 2020
AMD Ryzen 4900x / 5900x and 4950x / 5950x Zen3 4th Gen IPC and Clock Speed and Core Specs / Personal_Finance / Computing
Its not going to much longer before we AMD's big reveal it's Intel crushing 7nm Zen 3 processors with my focus on what to expect for the top 2 Ryzen processes i.e. currently the 3900x and the 3950x. Back in May I speculated that Zen 3 should see a IPC gain of at least 15% and possibly as high as 22%. We are still on track for at least 15% gains. I also speculated that we could see a jump in core counts i.e. 4950x jumping from 16 to as many as 24. Unfortunately that was just wishful t6hinking on my part as since there has been nothing to suggest that there will be even a 20 core Ryzen processor let alone 24 core .
Also it looks like AMD has learned it's lesson from it's recently launched APU confusion, with the G chips being 4000 series processors despite being based on Zen 2 rather than Zen 3,. So its probable that Zen 3 naming will be 5000 series processors rather than 4000. Which means for instance a 4950x becomes 5950x, which is what I have my eye out for my next system build, especially if it can be over clocked.
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Friday, August 14, 2020
Stock Market Gap Fills Suggests Market Momentum May Stall / Stock-Markets / Stock Markets 2020
Technical Analysis teaches us that price Gaps tend to be filled by future price action. This is not something new for many of our readers, whom may be familiar with our mantra ‘Gaps always get filled!’. The big Gap created near February 24, 2020, the start of the COVID-19 market collapse, has recently been filled in the SPY and the TRAN (Transportation Index). We believe this “filling of the Gap” may be a sign that the upside market trend may begin to stall and potentially reverse.
Yesterday, we highlighted the potential for a continued upside bullish trend in the SPY pushing possibly 2% to 4% higher based on our Measured Move technique in our article entitled “President Trump Signs Additional Covid Relief – What to Expect From the Markets“. Today, with the TRAN gapping higher to fill the February 24, 2020, price Gap, we believe the upside move may be exhausting itself and nearing a period of congestion or reversal.
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Friday, August 14, 2020
Silver May Be Overextended – But It’s STILL Cheap / Commodities / Gold & Silver 2020
Silver prices aren’t just rising; they’re erupting!
Silver has been ascending at a far steeper rate than the climactic move of 2010-2011 which briefly brought prices back up to all-time nominal highs.
Adding a 20-week rate of change (ROC) indicator to the silver futures chart below shows prices gaining 122.4% over that period – far exceeding the rate of ascent of the last big silver spike.
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Friday, August 14, 2020
A Short Guide To Making Your First Stock Market Investment / InvestorEducation / Learning to Invest
Global financial markets have become increasingly volatile amidst the turmoil caused by the ongoing COVID-19 pandemic. This year the FTSE100 saw some of its biggest losses since the stock market crash of 2008. Sure, it sounds a bit like a doomsday scenario, and for some investors, this may very well be the case. On the flipside, however, is that market falls are often the best time to find yourself a good bargain. For the novice investor, the time may be perfect to make your first foray into the stock market as long as you follow a few golden rules.
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