Tuesday, June 30, 2020
Silver Is Still Cheap For Now / Commodities / Gold & Silver 2020
Silver is still near all-time lows in many ways. One of the most significant measures wherein silver is at an all-time low, is its price relative to the amount of US dollars (US monetary base) in existence.
Below, is a long-term chart of the silver price relative to the US monetary base:
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Tuesday, June 30, 2020
Fed Trampoline Cliff Diving / Interest-Rates / US Interest Rates
We start this week's commentary with some rather depressing news from Reuters:
The ratio of downgrades to upgrades in the credit ratings of leveraged loans has spiked to a record level, five times above that hit during the last global financial crisis, reflecting the unprecedented stress in risky assets due to the coronavirus pandemic. Leveraged loans, which are loans taken out by companies that have very high levels of debt, usually with non-investment grade credit ratings--tend to be used by private equity firms as a way to fund acquisitions of such companies. The U.S. leveraged lending market has grown to more than $2 trillion, up 80% since the early 2010s, according to credit rating agency Moody's Investors Service.
Tuesday, June 30, 2020
More Stock Market Selling Ahead / Stock-Markets / Stock Markets 2020
Current Position of the Market
SPX: Long-term trend – Having rallied well past a .618 retracement of the decline into March 2020, it is time to consider the possibility that the retracement was only an interruption of the bull market which originated in 2009.
Intermediate trend – Down into mid-July
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 discusses the course of longer market trends.
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Tuesday, June 30, 2020
Trending Ecommerce Sites in 2020 / Companies / SME
Ecommerce has taken the world by storm in recent years, and more shoppers than ever are turning to the Internet to find the products they need in 2020. The competition is fierce, so eCommerce retailers need to do everything they can to get an edge on their competitors. That includes finding the best platforms for selling their wares. Read on to find out about the trending eCommerce sites that should be on every online retailer's radar in 2020.
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Monday, June 29, 2020
Stock Market S&P 500 Approaching the Precipice / Stock-Markets / Stock Markets 2020
Stocks made quite a move out of the 5-day long congestion yesterday – is the downside move drawing to a close? I don't think so yet, and today's analysis will discuss quite a few reasons why. As for the battle of narratives, the corona fears are gaining the upper hand over the recovery focus currently, which highlights the S&P 500 downside potential in the short-term. Will stocks follow through on the many cues?
And how will the market take to the incoming unemployment claims? I think they would not bring about a bullish surprise, and will likely prove to be a catalyst of selling pressure during the regular U.S. market hours.
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Monday, June 29, 2020
APPLE Tech Stock for Investing to Profit from the Machine Learning Mega trend / Companies / Apple
This analysis will now seek to update potential buying levels for AI stocks during Q2 of where stocks could trade down to in terms of technical support levels during the anticipated general stock market correction of about 15% that should be imminent.
Top 5 AI Stocks are all primary, the ordering of which is arbitrary for instance of the 3 Google, Amazon and Microsoft it's a toss up of which comes first. For instance If I was compiling the list today then I would likely put Amazon at No1 ahead of Google. So keep in mind that the rankings are more in terms of primary, Secondary and Tertiary rather than their number order.
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Monday, June 29, 2020
Student / Gamer Custom System Build June 2020 Proving Impossible - Overclockers UK / ConsumerWatch / Computing
Due to fallout from the pandemic of increased demand and reduction in supply, it is proving near impoissible to get a custom built pc as illustrated by our attempts to buy a £1000 gaming / student PC from system builder overclockers.co.uk
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Monday, June 29, 2020
US Dollar with Ney and Gann Angles / Currencies / US Dollar
Where is price going, is there strength or weakness in the chart?
Previous Post on the US Dollar : Where is the US Dollar trend headed ?
The question is always what will the future price action look like ?
This post will highlight the use of lines generated by angles. Not trend lines, as trend lines require two known points on a chart, where as angles require only one known point and a angle degree to draw a line. The question then becomes how is the angle degree determined.
There are two theories: Gann Angles and Ney Angles. Gann angles are a fixed set of degrees (see below) and these degrees are based loosely on astrology and the regular cycle of planets around the sun. Gann said price would move between these angles as the angles acted as like critical support and resistance.
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Monday, June 29, 2020
Europe's Banking Sector: When (and Why) the Rout Really Began / Companies / Banking Stocks
The financial sector has been one of the global stock market's bedrocks for decades. That's why its performance is so critical to the overall stock market health.
Well, here's a chart of the European Stoxx 600 Banks Index over the past four years.
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Monday, June 29, 2020
Will People Accept Rampant Inflation? Hell, No! / Commodities / Gold & Silver 2020
What do snapping turtles and long-time investors have in common? Sector expert Michael Ballanger explains.
The Weekly Missive, which usually arrives over the weekend (sometimes on Friday, sometimes on Sunday) was delayed this weekend for one reason: I had to change it.
I started out last week with an idea that was leaning in the direction of full-on capitulation in the sense that this latest, three-month, Fed-fueled rally was beginning to smell like 2009 and 2002 and 1988. All occurred after precipitous market plunges; all were the direct result of Fed policy actions; and all obliterated the shorts.
I have been very successful in 2020 in moving into markets gripped with fear and moving away from markets obsessed with greed, but of those two emotions that have always been the "controllers" of markets since the late 1800s, greed absolutely conflagrates during Fed "printing" orgies, while fear dissipates into only minor outbursts of selling. This has been the exact playbook by which the Fed (totally owned and operated by a consortium of publicly traded banks) has been able to change the "rules of engagement" by which traders and investors have operated since inception.
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Monday, June 29, 2020
Gold & Silver Begin The Move To New All-Time Highs / Commodities / Gold & Silver 2020
We warned about this move many months ago and just 6 days ago we issued a research post suggesting Gold had cleared major resistance and would start a rally mode to push above $2000 – possibly above $2100. Well, guess what happened right after we made that statement? Yup – Gold started to rally higher and is currently trading near $1790 – about to break $1800 for the first time in 2020.
You can read some of our most recent Gold articles below:
June 3, 2020: Gold & Silver “Washout” – Get Ready For A Big Move Higher
June 18, 2020: Gold Has Finally Cleared Major Resistance – Time For Liftoff
June 20, 2020: All That Glitters When The World Jitters Is Probably Gold
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Monday, June 29, 2020
US Stock Market Enters Parabolic Price Move – Be Prepared / Stock-Markets / Stock Markets 2020
After the recent COVID-19 virus event and the global market concerns that will warrant caution for skilled traders and investors, the US stock markets have entered an upside parabolic trend that will likely end with a massive price collapse – extremely volatile and aggressive in nature. Our research team continues to warn of the unpredictable nature of the current price rally and the fact that the upside parabolic price trend appears more prominent in the NASDAQ sector. If history has taught us anything, it is that these types of parabolic moves can last a while and that they always end in a deep downside price correction – usually 61% to 75% of the last upside price trend.
Our research and trading team has been advising friends and followers to stay very cautious of the current markets (excluding Gold, Miners, and certain other protective sectors). We don’t believe this rally warrants any exposure greater than 15 to 20% given the current global economic environment and the hyper-parabolic nature of the current price move. We believe the opportunity presented by the upside advances does not negate the potential risks of a massive collapse event taking place in the near future. In other words, we’re more cautious of how ugly and aggressive the end of this parabolic move will be than willing to try to find some opportunities in an already hyper-extended parabolic upside price trend.
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Sunday, June 28, 2020
Meet BlackRock, the New Great Vampire Squid / Politics / Market Manipulation
To most people, if they are familiar with it at all, BlackRock is an asset manager that helps pension funds and retirees manage their savings through “passive” investments that track the stock market. But working behind the scenes, it is much more than that. BlackRock has been called “the most powerful institution in the financial system,” “the most powerful company in the world” and the “secret power.” It is the world’s largest asset manager and “shadow bank,” larger than the world’s largest bank (which is in China), with over $7 trillion in assets under direct management and another $20 trillion managed through its Aladdin risk-monitoring software. BlackRock has also been called “the fourth branch of government” and “almost a shadow government”, but no part of it actually belongs to the government. Despite its size and global power, BlackRock is not even regulated as a “Systemically Important Financial Institution” under the Dodd-Frank Act, thanks to pressure from its CEO Larry Fink, who has long had “cozy” relationshipswith government officials.
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Sunday, June 28, 2020
Stock Market Gummy Bears Must Act Now! / Stock-Markets / Stock Markets 2020
Tuesday’s session was more of the same action as the market remains stuck within our immediate range levels. If you recall, the bulls tried to break above last week’s 3150s range high on the Emini S&P 500 (ES), but price did not have the strength to conquer it. Instead, the ES micro-double topped in the mid-3140s and spent the rest of the day grinding back towards the 3110 gap fill/prior day’s closing print.
The main takeaway remains the same as the price action remains stuck in an overall daily pattern of 3231.25-2923.75 where a temporary top and temporary bottom were confirmed a few sessions ago. The ongoing battle remains tough for both sides because the longer this thing consolidates in a high-level consolidation; the better the outcome for the ongoing bulls. This is why it’s critical for gummy bears to act now and entice the real, big, bad bears to rotate back into town.
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Sunday, June 28, 2020
Stock Market S&P 500 Approaching a Defining Moment / Stock-Markets / Stock Markets 2020
Stocks extended Monday's gains, yet retreated from the daily highs – how bullish is that? The short-term outlook hasn't changed as the S&P 500 still trades within Tuesday's intraday confines – we lack a clear short-term direction. In today's analysis, I'll cover what has changed and what has not since we last spoke. I'll also discuss the overnight dip on renewed corona fears – as if this news piece just arrived out of the left field. Yet, the market seems getting sensitive here.
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Saturday, June 27, 2020
U.S. Long Bond: Let's Review the "Upward Point of Exhaustion" / Interest-Rates / US Bonds
Here's an update on the trend of 30-year U.S. Treasuries since the historic early March price moves
Back in early March, the behavior of the bond market was reminiscent of what unfolded during the depths of the 2007-2009 financial crisis.
Prices and yields were making major moves in a short period of time.
On March 5, the U.S. Treasury long bond closed at 173^30.0. The very next day, on March 6, the long bond rallied to 180^19.0, a whopping 6+point move, reaching a new all-time high.
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Saturday, June 27, 2020
Gold, Copper and Silver are Must-own Metals / Commodities / Gold & Silver 2020
Gold surged on Monday after a spike in coronavirus cases worldwide dashed hopes of a quick economic recovery. Within 24-hours the number of infections globally rose 183,020, a new record, the World Health Organization reported, Reuters said the US saw a 25% increase in new COVID-19 cases over the week ending June 21st.
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Saturday, June 27, 2020
Why People Have Always Held Gold / Commodities / Gold & Silver 2020
The current phase of the gold bull market, which started last year, is – we believe – the third and final wave of the secular bull run tracking back to 2001.
It's going to create a tidal bore of immense size and power. A wave that those who hold the metal (and silver) can ride as insurance against state-sponsored value-destruction of a country's currency, and as real money that cannot and has not ever gone to zero in recorded history.
It could last 3 or 4 years, until the end of this decade... or beyond.
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Saturday, June 27, 2020
Crude Oil Price Meets Key Resistance / Commodities / Crude Oil
Crude oil moved above the previous highs and at the moment of writing these words, it’s testing the upper border of the March price gap. And given the fundamental news that are reaching (and likely to reach) the market – the increasing Covid-19 cases in the U.S. and globally – it seems that black gold might not have enough strength to keep pushing higher.
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Thursday, June 25, 2020
INTEL x86 Chip Giant Stock Targets Artificial Intelligence and Quantum Computing for 2020's Growth / Companies / INTEL
This analysis will now seek to update potential buying levels for AI stocks during Q2 of where stocks could trade down to in terms of technical support levels during the anticipated general stock market correction of about 15% that should be imminent.
Top 5 AI Stocks are all primary, the ordering of which is arbitrary for instance of the 3 Google, Amazon and Microsoft it's a toss up of which comes first. For instance If I was compiling the list today then I would likely put Amazon at No1 ahead of Google. So keep in mind that the rankings are more in terms of primary, Secondary and Tertiary rather than their number order.
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