Monday, July 27, 2020
Why College Is Never Coming Back / Politics / Education
Here’s some great news: one of America’s most broken industries is finally being exposed as a sham. And make no mistake, the end of college as we know it is a great thing.
It’s great for families, who’ll save money and take on less debt putting kids through school. It’s great for kids, who’ll no longer be lured into the socialist indoctrination centers that many American campuses have become. And as I’ll show you, it’s great for investors, who stand to make a killing on the companies that’ll disrupt college for good.
Read full article... Read full article...
Monday, July 27, 2020
US Dollar Cycle Review / Currencies / US Dollar
If investors can correctly forecast the US Dollar then their portfolio will be standing on better ground.
Jesse Livermore said investors must familiarise themselves with all matters of the market. The sine wave cycle below shows regular tops and bottoms and if the investor ignores this repeating phenomena it could be at their peril. If you decide to do so, you best have a good technical or fundamental reason.
The sine wave cycle below was found with readtheticker.com 'Cycle Finder Spectrum' use of 'Bartels' logic. Yes it is mathematics, but within the site RTT Plus service we also examine the dollar fundamentals (like: inflation, money supply, banking risk, interest rates, market risk) and subject to another market like COVID19 smash the fundamentals suggest a slump in the US dollar in the immediate short term future.
Monday, July 27, 2020
Stocks Disconnect from Economy, Gold Responds / Stock-Markets / Stock Markets 2020
Given the current uncertainties and recent market moves, money manager Adrian Day offers some thoughts on the macroeconomic environment.
Global stock markets zooming ahead amid historic unemployment and economic contraction is surreal. Half of the U.S. has been locked down, with economies virtually shut, a second virus wave appears underway and yet the stock market is almost back to February's all-time highs.
And this is not only in the U.S.; stock markets have rallied strongly around the world. We know that central bank money creation is the primary cause, but this dichotomy cannot continue indefinitely, at least without a meaningful correction. Meanwhile, gold—for sounder reasons than stocks—has outperformed and, notwithstanding anticipated volatility, will, we think, continue to do so.
Read full article... Read full article...
Monday, July 27, 2020
Silver Begins Big Upside Rally Attempt / Commodities / Gold & Silver 2020
The move we saw in Silver early this week to new 6-year high price levels, above $22.60, is quite likely the biggest upside move in Silver since the bottom in March 2020 – after the US stock market collapsed because of the COVID-19 virus event. This new rally in Silver is likely the move we’ve been suggesting to our followers relating to a series of measured upside price moves totaling approximately $5.30 in each advance.
We wrote about these measured price moves in Gold and Silver in this article – Click Here
As traders, watching bonds accelerate moderately higher as the US Dollar falls and the stock market attempts new lofty levels, we are intrigued by the move in metals because it suggests a large segment of investors believe a bubble is nearing very peak valuation levels. The only reason metals, particularly Silver, would be accelerating as it has recently is that traders have suddenly adopted a stronger demand for second-stage hedging of risk.
Read full article... Read full article...
Monday, July 27, 2020
The Gold and Silver Markets Have Changed… What About You? / Commodities / Gold & Silver 2020
We tend to spend a lot of time looking into the rearview mirror, especially when under duress.
Connected to this is something psychologists call "recency bias." This simply means that what has happened in the near to intermediate past tends to inform and influence us as to how we should behave in the future.
The 2011 to early 2019 precious metals bear saga was broken only by a six-month bull hiatus in early 2016 – which then gave most of the rise back over the next two years!
Read full article... Read full article...
Monday, July 27, 2020
Google, Apple And Amazon Are Leading A $30 Trillion Assault On Wall Street / Companies / Tech Stocks
...
Sunday, July 26, 2020
This Stock Market Indicator Reaches "Lowest Level in Nearly 20 Years" / Stock-Markets / Stock Markets 2020
Here's what happened "the last time the 10-day put/call ratio made a lower extreme"
After a big trend reversal, it's not unusual for the correction to retrace much of the initial sell-off or rally.
Thus, many investors are fooled into believing that the old trend has resumed.
Read full article... Read full article...
Sunday, July 26, 2020
New Wave of Economic Stimulus Lifts Gold Price / Commodities / Gold & Silver 2020
European leaders stroke a historic deal that could be a game-changer and provide a support for the euro and gold against the U.S. dollar.Historic deal. Pivotal moment for Europe. On Monday, the EU leaders agreed on a massive economic stimulus plan, after a long and crotchety summit. If passed through the European Parliament and ratified by all EU states, the European Commission could borrow 750 billion euros to finance the recovery fund and distribute 390 billion in grants and 360 billion in loans across the countries most impacted by the Covid-19 pandemic.
That's breaking news and potentially a game-changer. The stimulus could, of course, help somewhat the European economies, supporting the recovery, but the key issue is that the summit’s outcome is an unprecedented act of European solidarity. Some analysts even see the agreement as the first step towards a true fiscal union. It’s still far from it, but the recovery fund marks a precedent for common debt financing at the EU level.
Read full article... Read full article...
Sunday, July 26, 2020
Stock Market Slow Grind Higher Above the Early June Stock Highs / Stock-Markets / Stock Markets 2020
The S&P 500 upswing extended gains, yet retreated before yesterday's closing bell. To a certain degree, the accompanying bullish signals lost their luster too. The air is getting thinner as stock prices cut into the late-Feb bearish gap. Has this been the turning point in the great bull run, or just a modest preview of more fierce battles to be fought?
I'm definitely leaning towards the latter possibility. Far from having thrown cold water on the bull run, it's a gentle test of the bulls' resolve. In today's analysis, I'll lay out quite a few good reasons why, and also discuss the signs pointing towards caution.
Read full article... Read full article...
Saturday, July 25, 2020
How High Will Silver Go? / Commodities / Gold & Silver 2020
The torrid rally in the silver market reached a major milestone this morning as prices hit $21/oz.
On Monday, the silver spot price tracked by Money Metals Exchange closed at $20.12 (the futures market price settled at $20.19).
That marks the first above-$20 close for silver since 2016.
The white-hot silver market is busting through some resistance levels that should clear the way for higher highs ahead. Silver prices traded up Tuesday morning to $21.21 oz.
Read full article... Read full article...
Saturday, July 25, 2020
If You Own Gold, Look Out Below / Commodities / Gold & Silver 2020
It has been quite some time since I have published an article on gold. Unfortunately, we have become so busy at Elliottwavetrader that I simply have not had the time to publish many public articles.
So, as we are approaching an inflection point, I thought it would be an appropriate time to publish a public article.
Now, I have to be honest. I am quite disappointed at what I am reading publicly about gold. Many are still trying to sell you on the fact that gold is a hedge against market volatility. They suggest that you need to own gold to protect your portfolio when the stock market tanks. Well, in many past articles, I have outlined that history simply does not support this perspective.
Read full article... Read full article...
Saturday, July 25, 2020
Crude Oil and Energy Sets Up Near Major Resistance – Breakdown Pending / Commodities / Energy Resources
Our research team believes Crude Oil and Energy, in general, has stalled near major resistance and maybe setting up a big downside move as the COVID-19 virus continues to roil regional and global economies.
The recent news that the COVID-19 virus cases have skyrocketed suggests further economic shutdowns may push oil prices below $35 ppb over the next few weeks and months. Our researchers believe Oil has already set up a resistance level near $42 and will begin to move lower as concerns about the economic recovery transition through expectations related to oil demand going forward. We believe the renewed global economic demand for oil will present a very real possibility that oil could collapse below $35 ppb over the next 30 days.
Read full article... Read full article...
Saturday, July 25, 2020
FREE Access to Premium Market Forecasts by Elliott Wave International / Stock-Markets / Financial Markets 2020
Hi Reader,
You hear lots of opinions about the markets.
But who's right? Everyone has an angle.
Now, at $0 cost, you can hear from the world's largest independent forecasting company -- our friends and partners at Elliott Wave International.
Read full article... Read full article...
Saturday, July 25, 2020
The Promise of Silver as August Approaches: Accumulation and Conversation / Commodities / Gold & Silver 2020
In this week's advisory, sector expert Michael Ballanger reviews the most recent market news, celebrates old-school communication techniques and offers strategies for investing in the dog days of summer.
As the month of July moves into its final ten-day stretch, I see NASDAQ records falling left and right as the drivers of fear that dominated in March are now "yesterday's news." Rising second waves of infection and death have been shunted aside in favor of a reborn optimism surrounding "vaccines" and "V-shaped data" and "added stimulus" and just about anything imaginable that can drive money into stocks.
Read full article... Read full article...
Friday, July 24, 2020
The Silver Bull Gateway is at Hand / Commodities / Gold & Silver 2020
We’ve been micro-managing silver lately in NFTRH and NFTRH+ updates and that is for a reason. The reason is that gold’s wild little bro has been rallying – in what is turning out to be 5 clear waves – since the March crash.
When that crash reversed, my view, and hence the NFTRH view was that it was likely to have been a horrifying shakeout of the silver bulls that due to its violence may well have sparked a bull market of some kind on the flush. We noted in real time that silver and precious metals mining stocks often make dramatic crash lows immediately preceding significant new rallies or bull markets. Silver was in an uptrend before the crash and that was a significant factor to a bullish view, post-crash.
Read full article... Read full article...
Friday, July 24, 2020
The Prospects of S&P 500 Above the Early June Highs / Stock-Markets / Stock Markets 2020
The announced S&P 500 upswing is underway, and the early June highs have been overcome on a closing basis. Will the regular trading's final hour sprint carry over into today's session? Are the bulls as strong as the one-sided result of Monday's trading suggests?
That's not a foregone conclusion, because we've seen quite a shift from Friday's sectoral dynamics. In today's analysis, I'll dive into the internals and lay out the case why the bulls still enjoy the benefit of the doubt, regardless of the persisting bearish sentiment and double top talk.
Read full article... Read full article...
Friday, July 24, 2020
How Silver Could Surpass Its All-Time High / Commodities / Gold & Silver 2020
Previously, I have shown how the Dow has actually outperformed silver and gold since the creation of the Federal Reserve in 1913.
Today, if silver 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 $225.20 [(29568.6/78.78)*.6). Yet, it only topped out around $50 in 1980 and 2011.
In 1973 silver 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 silver scored a similar performance, it would have had a peak of $8.128, yet its peak at that time (the beginning of 1973) was only around $2.56, which was achieved in 1968.
Read full article... Read full article...
Thursday, July 23, 2020
China Recovered in Q2. Will the Red Dragon Sink Gold? / Commodities / Gold & Silver 2020
China’s economy grew 3.2 percent in Q2 2020. The expansion was above expectations, but it does not have to sink gold.Last week, China reported that its economy grew 3.2 percent year-on-year in the second quarter of this year, following a 6.8 percent contraction in the previous quarter, as the chart below shows. Importantly, the actual growth rate beat the market expectations of a 2.5 percent expansion. The number is of great importance also because China is the first major economy to report positive growth after the coronavirus pandemic and the Great Lockdown. So, the Chinese data bode well for the U.S. and other countries, where the epidemic started later.
Read full article... Read full article...
Thursday, July 23, 2020
UK Covid19 MOT 6 Month Extensions Still Working Late July 2020? / Personal_Finance / Motoring
Are UK covid-19 MOT auto extensions still working as of late July 2020? After all they are supposed to imminently end. Find out in this video of a Land Rover Discovery Sport that's due for an MOT on the 26th of July 2020. Has it been extended by 6 months or not?
Read full article... Read full article...
Thursday, July 23, 2020
How Did the Takeaway Apps Stocks Perform During the Lockdown? / Companies / Sector Analysis
...