Monday, April 19, 2021
8 Stock Market Indicators in 1: Here's the Message of the Panic/Euphoria Model / Stock-Markets / Stock Market 2021
By: EWI
Prior model extremes occurred in March 2000 and October 2007
Elliott Wave International has been providing market analysis for more than four decades -- which includes many bull/bear market cycles.
That said, the public's current market mindset -- especially among inexperienced investors -- is a reminder of the extremes surrounding the 2000 market top, and a few others.
For example, a February 27 MarketWatch headline said:
A new wave of fearless retail investors is ready to pour $170 billion into stocks ...
Also, according to an early February Deutsche Bank survey of online brokerage users, 61% are under 34 years of age and 45% are in their first year of investing.
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Monday, April 19, 2021
Gold - You Can Win a Battle, but Still Lose the War / Commodities / Gold and Silver 2021
By: P_Radomski_CFA
Gold had a good day yesterday, but as it hits the $1,770 resistance line, it will be anything but easy for the yellow metal. The real test has begun.
And so, it happened. Gold moved right to its target level that seemed to be the max that it could reach, but that didn’t seem to be the most likely outcome. Just because it wasn’t the most likely outcome, doesn’t make it impossible. The “most likely” can happen all the time – after all its only “most likely” not “certain” or “inevitable”.
Gold declined right after its triangle-vertex-based reversal, but it appears that the market participants didn’t want to give up on the bullish tone until gold finally reached its previous lows and highs.
Just like magnets, the strong support and resistance lines draw investors and traders, and it seems that we saw this play out once again.
Monday, April 19, 2021
Will Interest Rates Rally Further Push Gold Price Down? / Commodities / Gold and Silver 2021
By: Arkadiusz_Sieron
The recent rally in the bond yields pushed gold prices down, but this trend won’t continue forever, as the Fed will likely be forced to step in.In March, we saw a continuation of the rally in bond yields that started in February. As the chart below shows, the 10-year real interest rates have soared from -1.06 on February 10 to -0.66 percent on March 23.
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Monday, April 19, 2021
Gold Fireworks Doubt the Official Inflation Story / Commodities / Gold and Silver 2021
By: Monica_Kingsley
The S&P 500 red candle and then some – erased in a day, that‘s what you get with the Fed always having your back. The staircase climb certainly looks like continuing without any real breather. Whatever steep ascent you compare it to (Jun or early Sep 2020), this one is different in that it doesn‘t offer but token corrections. Not that it would be reasonable to expect a steep downswing given the tide of liquidity, but even sideways trading has become rarer than it used to be.
With the VIX still below 17 and the put/call ratio in the middle of its slowly but surely less complacent range, the path of least resistance is higher – the signs are still aligned behind the upswing to go on:
(…) Don‘t pin your hopes too high for a (sharp) correction though. Yes, [on Wednesday] stocks listened to the weakening corporate credit markets, and the daily retreat in long-dated Treasuries inspired some profit taking in tech. Quite some run there as yields stabilized, which has turned XLK from very stretched to the downside of its 50-day moving average, to the upside extreme. Tesla also followed suit but I doubt this is a true reversal of tech fortunes.
Just at yesterday‘s moves – technology surged higher without too much help from the behemoths, and value stocks surged. Even financials ignored the sharp retreat in yields. Yes, that‘s the result of retails sales outdoing expectations and unemployment claims dropping sharply – the economic recovery is doing fine, manufacturing expands, and inflation doesn‘t yet bite. We‘re still in the reflationary stage where economic growth is higher than the rate of inflation or its expectations.
Monday, April 19, 2021
YuanPay Team Discuss The Process Of Crypto Diversification / Currencies / BlockChain
By: Mark_Adan
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Sunday, April 18, 2021
Central Banks May Ramp Up Gold Buying / Commodities / Gold and Silver 2021
By: MoneyMetals
Ignore what central bankers are saying; instead, watch what they are doing.
While they poo-poo gold or pretend it doesn't exist, global central banks have been quietly but aggressively accumulating gold bullion for several years now. The Central Bank of Russia, for example, has been a consistent buyer of gold.
Other major central banks have also been acquiring and holding the metal, although some scaled back last year following the pandemic and record-high prices for the metal.
Given more favorable market conditions and greater risks to holding U.S. dollar reserves, central banks may soon ramp up their gold buying again.
The Hungarian Central Bank cited “long-term national and economic policy strategy objectives” for its move.
Sunday, April 18, 2021
How to Get Rid of Driveway Weeds With Just WATER! 6 Months later NO Weeds, Ultimate Killer! / Personal_Finance / Money Saving
By: HGR
Here's a near permanent solution to getting rid of driveway weeds by just using WATER! And it works as I did this in October 2020 and 6 months on the weeds have NOT returned! How did I do it? I used a good pressure washer such as the Karcher K7 Pressure that tackled an extremely weed infested driveway.
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Sunday, April 18, 2021
State of the European Markets - DAX, FTSE, CAC, AEX, SMI, IBEX 35, S&P/MIB, Euro Stoxx 50, RTS / Stock-Markets / Stock Market 2021
By: EWI
Dear reader,
In many ways, over the past year Europe had it tougher than the rest.
And now, with the slow vaccine roll-out and calls for new lockdowns, things look shaky.
Despite all that, European stocks have powered on. The DAX even hit a record high!
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Sunday, April 18, 2021
Einvestment Fund: What You Need To Know About Investments / Companies / Investing 2021
By: Mark_Adan
Investing is very crucial because it helps your finances and your future. It helps you generate more income and also boosts your wealth. Having an investment will secure your retirement period. A financial investment is an instrument or asset purchased for a future resell. It will then be put up for a resale at a higher price than the bring price to get additional income.Alternatively, the asset can be used to generate income for the investor directly. In factors such as rental income and dividends, the investor will get direct returns from the asset. There are no accurate transaction criteria to define an investment. However, any operation that is undertaken to create more money is an investment.
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Saturday, April 17, 2021
Stocks and Bonds Inflationary Slingshot / Stock-Markets / Financial Markets 2021
By: Gary_Tanashian
Cost-push inflation could break out (and a note on gold)
Before beginning the post a little context is in order. We (NFTRH) anticipated the current pause in long-term Treasury yields (one indicator of inflation) because pro-inflation sentiment became over-done in March and was due for a cool down; so said a contrarian view. This post discussing the likelihood of more inflation to come is not written by a one-way bias booster. It’s important for credibility to make these distinctions from the herds running with the daily news cycle.
The short-term contrary sentiment situation against the inflation view began with the Bond King’s media-touted short of long-term Treasuries (i.e. expectation of higher yields), per one of our best macro tools…
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Saturday, April 17, 2021
Google Alphabet (GOOG) AI Deep Mind Stock Trend Analysis / Companies / Google
By: Nadeem_Walayat
Google stock has just rocketed higher after under performing it's brethren, and coming from it's last great buying opportunity low during September that saw Google trade down to $1400. This illustrates the primary point that we don't know precisely WHEN an individual stock will surge higher i.e. the AI stocks are not going to all move in lock step together. So it is pointless to ask questions such as why is Amazon soaring but Google is not, if a stock is good then eventually it will come good in terms of price performance and Google is literally PRIMARY which means that Google is likely to be the first mega-corp to be run by an AI in all but name. So the existence and scope of the AI's control and management needs will need to be inferred where one big clue will be inexplicable to most stock price movements that to me reveal the handiwork of post human intelligence - DEEP MIND!
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Saturday, April 17, 2021
Best Smartphone Selfie Stick Tripod Review by ATUMTEK Works with Samsung Galaxy and Iphone / Personal_Finance / Mobile Technology
By: HGR
This is a review of one of the best tripod selfie sticks on the market (Amazon) that is made by ATUMTEK. Mini Extendable 3 in 1 Aluminum Blue tooth Selfie Stick with Wireless Remote and Tripod Stand 270° Rotation for iPhone 12,11 Pro/XS Max/XS/XR/X/8/7,10,20, Samsung and Smartphone. Watch the video to find out what its like.
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Saturday, April 17, 2021
How to Give Budgie's First Bath | Easy Budgie Bathing and Water Training with Lettuce / Personal_Finance / Animals & Pets
By: Eliza_Walayat
Here's how to give your budgies their first bath, easy budgie bathing training, no wasting of time and money getting fancy expensive plastic products, here's how to get it done effectively, and where you can add a little bit extra with some lettuce for your birds to nibble on whilst they bath.
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Saturday, April 17, 2021
Record-breaking Decrease in New Passenger Vehicle Sale in Europe / Personal_Finance / Insurance
By: S_N_Chatterjee
COVID-19 pandemic exerted a significant influence on the automotive sector. In 2020, a sharp decrease in new vehicle sale in the European Union was recorded. When compared to 2019, the number of such vehicles is 3 million lower.
According to ACEA (Association des Constructeurs Européens d'Automobiles), Covid-19 pandemic brought many companies to stop production and reduce employment. The first coronavirus wave had the greatest impact on new vehicle sales in 2020. What is more, the financial standing of many people who were interested in buying a car deteriorated.
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Friday, April 16, 2021
US Stocks Climb A “Wall Of Worry” To New Highs / Stock-Markets / Stock Market 2021
By: Chris_Vermeulen
Low volume rallies have become a standard of trending recently. We see higher volume when volatility kicks in near areas of broad market volatility. Otherwise, we see lower volume trending push the prices higher recently in a “melt-up” type of mode.
Two recent standout events confirm this type of trending and volatility phases of the markets: (1) the September 2020 to early November 2020 (pre-US Election) rotation in price; and (2) the recent February 2021 to late March 2021 sideways price rotation related to the FOMC meeting/comments. Both of these events centered around external market components and prompted an extended period of price volatility related to uncertainty. After these events passed, price fell back into a low volume rally mode for many months, where most of the actual price gains happened.
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Friday, April 16, 2021
Gold’s Singular Role / Commodities / Gold and Silver 2021
By: Kelsey_Williams
When it comes to analyzing gold and gold prices there seems to be no limit to the explanations of cause and effect. The number of things presumed to be fundamental, or which are correlated to gold, has grown exponentially as gold receives more attention in the media and from the public.
The state of confusion that exists regarding gold and gold prices is exacerbated by the contradictions and conflicting arguments of almost all concerned parties. This includes investors, traders, analysts, and brokers (make sure your broker is safe to trade).
Rather than a desire to understand gold and its singular role, most investors and others are interested in gold only when its price is going up. They buy it and then look for reasons to justify their expectations of even higher prices.
They do look for explanations as to why the price goes down, of course; especially when that happens after they have taken a position on the long side. By then, it is usually too late.
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Friday, April 16, 2021
See what Anatomy of a Bursting Market Bubble looks like / Stock-Markets / Liquidity Bubble
By: EWI
Those who are familiar with the Elliott wave model for analyzing and forecasting financial markets know that a main trend takes the form of five waves.
Thus, when the fifth wave is complete, a trend in the opposite direction is set to begin.
Another insight into the Wave Principle that's relevant to the present discussion is that corrections often end at the terminus of the previous fourth wave of one lesser degree of trend.
If that sounds like a mouthful, hold on, you're about to see a market example that'll make it plain as day.
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Friday, April 16, 2021
Many Stock Market Sectors Are Primed For Another Breakout Rally – Are You? / Stock-Markets / Stock Market 2021
By: Chris_Vermeulen
As we start moving into the Q1:2021 earnings season, we need to be aware of the risks associated with the volatility often associated with earnings data and unknowns. Nonetheless, there are other factors that appear to be present in current trends which suggest earnings may prompt a moderately strong upside breakout rally – again.
One key factor is that the US markets are already starting to price in forwarding expectations related to a reflation economy – a post-COVID acceleration in activity, consumer participation, and manufacturing. Secondarily, we must also consider the continued stimulus efforts, easy monetary policy from the US Fed, and the continued trending related to the 12+ month long COVID-19 recovery rally.
In some ways, any damage to the economy related to COVID-19 may have already happened well over 6+ months ago. Certainly, there are other issues we are still dealing with and recovering from, but the strength of the US economy since May/June of 2020 has been incredible. When we combine the strength of the economic recovery with the extended support provided by the US Fed and US government stimulus/policy efforts, we are left with only one conclusion: the markets will likely continue to rally until something stops this trend.
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Friday, April 16, 2021
What Skyrocketing US Home Prices Say About Inflation / Housing-Market / US Housing
By: MoneyMetals
Anyone who says inflation isn’t a problem hasn’t tried shopping for a new home recently.
Housing costs are skyrocketing. The median sales price of existing homes has spiked 16% over the past 12 months (from $270,400 to $313,000) – the fastest pace in 15 years.
The real estate market is being pressured not only by a low inventories of houses listed for sale, but also by rising prices for construction materials.
Home builders must deal with a massive 200% increase in lumber costs since the onset of the COVID-19 pandemic. According to the National Association of Home Builders, lumber’s elevated price adds about $24,000 to the final quote on a typical new single-family home.
Friday, April 16, 2021
Still a Bullish Fever in Stocks? / Stock-Markets / Stock Market 2021
By: Monica_Kingsley
S&P 500 went nowhere yesterday – just like the prior Monday, heavy buying into Friday‘s close met no follow-up the day after. After almost touching 16 to close the week, VIX peeked higher yesterday only to reverse back down. Nice try but if you look at the put/call ratio turning down simulatenously, the alarm bells are far from ringing.
The S&P 500 rise of late isn‘t without its good share of non-confirmations though. The ones seen in Russell 2000 and emerging markets got a fresh company in the corporate credit markets. No denying that the stock market is in a strong uptrend, but it got a bit too stretched vs. its 50-day moving average – a consolidation in short order would be a healthy move, but the CPI readings above expectations don‘t favor one today.
If you look at the put/call ratio again, its lows throughout Mar and Apr haven‘t been reaching the really exuberant levels of prior months, hinting at a less steep path of S&P 500 gains. And what about the volume print as stocks went about making new highs? Not encouraging either, and it‘s not that rising yields would be causing trouble: