Wednesday, May 27, 2020

Crude Oil Cuts Get Another Saudi Boost as Oil Demand Begins to Show Signs of Life / Commodities / Crude Oil

By: The_Energy_Report

Though gasoline demand remains historically weak, commuters are beginning to head back to their offices, opting for the isolation of their personal vehicles and abandoning public transit, reports McAlinden Research.

Saudi Arabia enhanced their commitment to OPEC+ supply cuts as the Kingdom said they'd shut production of additional 1 million barrels of crude oil per day next month. Most of the OPEC+ countries have already come close to compliance with the deal that took effect this month and cuts from non-member states like Norway, Brazil, Canada, and the US are compounding the already steep curbs on production. Though gasoline demand remains historically weak, commuters are beginning to head back to their offices, opting for the isolation of their personal vehicles and abandoning public transit.

Wednesday, May 27, 2020

Where the Markets are heading after COVID-19? / Stock-Markets / Financial Markets 2020

By: Submissions

Wednesday, May 27, 2020

Predictive Modeling Suggests US Stock Markets 12% Over Valued / Stock-Markets / Stock Markets 2020

By: Chris_Vermeulen

Our Adaptive Dynamic Learning (ADL) predictive modeling system has called some incredible moves over the past 24+ months.  It predicted the moves in Gold moving from $1340 to $1750 – including many of the trend changes that took place over the past 15+ months.  It predicted the collapse in Crude Oil back in July 2019 – even calling for a sub-$20 price collapse in March/April 2020.  Overall, the abilities of this unique predictive modeling tool have been nothing short of incredible.

For many weeks, we’ve been suggesting the US stock market has entered a no man’s land after the bottom setup near March 20, 2020.  The US Fed and global central banks have stepped in to attempt to support the markets and to take pressures off financial institutions and consumers.  These efforts presented a very real opportunity for technical traders to attempt to “ride the Fed wave” over the past 3+ weeks. Right now, things appear to be a bit more fragile going forward into the Summer months and the ADL predictive modeling system is showing us what to expect.

Tuesday, May 26, 2020

Silver Springboards Higher – What’s Next? / Commodities / Gold & Silver 2020

By: MoneyMetals

The silver market is on the move. In fact, it’s finally moving out ahead of other precious metals and showing some real leadership.

After the panic selling of March briefly brought spot silver below $12/oz, prices have since surged by 50%. That’s an impressive move to take place within the span of just two months.

The question for investors now is whether the recent rally in silver is fleeting or sustainable – whether it’s evidence of extreme market volatility that suggests more danger ahead or the first leg of a much larger bull market to come.

In our view, there is good reason to believe that the March 2020 lows will never be violated and that silver is therefore in a structural bull market.

Tuesday, May 26, 2020

Stock Market Key Resistance Breakout Is Where the Rubber Meets the Road / Stock-Markets / Stock Markets 2020

By: Paul_Rejczak

Tuesday’s refusal of the stock upswing didn’t really stick, and the S&P 500 opened higher. Trading with an upward bias during the session, the index closed comfortably above the 61.8% Fibonacci retracement. As outlandish as it might seem, does it denote a new bull market being on the way? It just can’t be overstated how crucial this level is to the stock market outlook…

S&P 500 in the Short-Run

Let’s start with the daily chart perspective (charts courtesy of http://stockcharts.com ):

Tuesday, May 26, 2020

5 Ways To Amp Up Your CFD Trading Today / Personal_Finance / Learn to Trade

By: Sumeet_Manhas

Tuesday, May 26, 2020

The Anatomy of a Gold Stock Bull Market / Commodities / Gold and Silver Stocks 2020

By: Rambus_Chartology

Before we look at tonights charts I would like to go over some challenges that we’ll face as the current impulse move in the PM complex continues to move higher. It’s not everyday that you will find yourself getting in close to the bottom of a multi month rally. One of the biggest problems I’ve witnessed over the years, especially with PM stock investors, is they grow complacent as the rally phase starts maturing. They believe they are invincible as their profits rise and everything is right with the world. That complacency usually means not getting out close to the end of the impulse move which is extremely hard to do even if you’re looking for a top. They will either sell in panic as the correction takes hold or hang on to their positions during the entire correction which is emotionally hard to do.

I know many here traded in the 2000 to 2011 bull market in the precious metals complex. During that great bull market how many actually made any serious money? By making serious money I mean actually taking it out of the market to payoff debt or take a major vacation or help someone in need or whatever to actually use it. What the markets give us during the impulse rally will usually take it back during the following consolidation phase as investors aren’t aware of what is taking place until it’s too late. It’s just the nature of trading the markets.

Monday, May 25, 2020

Stock Market Critical Price Level Could Soon Prompt A Big Move / Stock-Markets / Stock Markets 2020

By: Chris_Vermeulen

As technical traders and researchers, we’ve been paying very close attention to the GREEN ARC Fibonacci resistance level on the SPY as a key level for the US stock market and any hope of a continued upside price rally.  The SPY has traded near this level for the past three weeks and appears to be attempting a bit of an upside breakout right now.  Yet, we understand a long holiday weekend is upon us in the US, Memorial Day, and after a big upside GAP on Monday, the US stock market has stalled over the past few days.

Our researchers believe this GREEN ARC is still acting as critical price resistance and believe the SPY may sell off into the end of the week resulting in a failed attempt to breach this key resistance level.  If this happens, the failed attempt to break this resistance could prompt a change in price trend and initiate a new downside price trend.  If this resistance level is broken by the end of this week, then we have a pretty solid indicator that continued bullish price trending may continue.

Monday, May 25, 2020

Will Powell Decouple Gold from the Stock Market? / Commodities / Gold & Silver 2020

By: Arkadiusz_Sieron

This week, Powell gave a long television interview and a testimony to the Senate. What groundbreaking did he say, and what do his remarks imply for the gold market?

Powell Gives Interview and Testifies
Powell dominated media news this week. On Sunday, the Fed Chair gave an interview to CBS news magazine “60 Minutes,” while on Tuesday, he testified before Congress. What did he say? In an interview, Powell tried to persuade viewers that the Fed has not exhausted its powers to help the economy: “we’re not out of ammunition by a long shot (…) So there’s a lot more we can do to support the economy, and we’re committed to doing everything we can as long as we need to”. But are you really so powerful, if you need convince others that you are powerful?

Monday, May 25, 2020

How Muslims Celebrated EID in Lockdown Britain 2020 - UK / Local / Holidays

By: Anika_Walayat

Here's how Britain's muslim community typically celebrated EID during the lockdown across the UK. With after a meal families tended to head for the few venues open at this time of national crisis, the parks to meet up with a close family or 2 such as at Millhouses park Sheffield.

Sunday, May 24, 2020

Stock Market Topping Behavior / Stock-Markets / Stock Markets 2020

By: Andre_Gratian

Current Position of the Market

SPX: Long-term trend – We are in an official bear market

Intermediate trend – Concluding initial rally in a downtrend.

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. 

Saturday, May 23, 2020

Fed Action Accelerates Boom-Bust Cycle; Not A Virus Crisis / Stock-Markets / Quantitative Easing

By: Kelsey_Williams

The 21st century was ushered in by fears about Y2k and how it might impact computer programming that was already in place. Part of the concern centered on the financial markets.

The Federal Reserve announced that they were ready to support the stock market and provide backup for financial institutions that might encounter difficulties.

The big day arrived and, other than an occasional glitch that seemed to be unrelated to the heightened global fears, the birth of the new century was pretty much uneventful. Overall, the markets remained relatively quiet. However, trouble was still brewing.

Saturday, May 23, 2020

Gold Silver Miners and Stocks (after a quick drop) Ready to Explode / Commodities / Gold & Silver 2020

By: Submissions

The move of a lifetime is just beginning!

The senior mining companies have led this rally for the past year. In the metals sector you get leadership rotation from bullion, silver, senior miners, and junior miners. Silver and the junior miners have yet to break out of their 2016 highs, but it's coming. We believe the junior miners will be next and break through the elusive $52 level.

Saturday, May 23, 2020

3 Ways to Prepare Financially for Retirement / Personal_Finance / Pensions & Retirement

By: Justin_Weinger

Saturday, May 23, 2020

4 Essential Car Trade-In Tips To Get The Best Value / Personal_Finance / Motoring

By: Steve_Barker

If you want to get the best value on your car trade-in, you need to be ready to negotiate. Most likely you will be trading in your vehicle at a dealership in order to purchase a new car. Dealing with a dealership to trade-in your car can be far less time-consuming than selling your vehicle privately.

It is pretty convenient to trade-in your car to buy a new one. Unfortunately, it is not as easy as one may think. Dealerships are experts at flipping numbers in their favor in order to get the most money from your new car purchase.

Saturday, May 23, 2020

Budgie Heaven at Bird Land / Personal_Finance / Animals & Pets

By: Anika_Walayat

Think of a big budgie cage, now double it and then times it by 10! That's what we've goBudgie Heaven at Bird Landt here,. Budgie Heaven at Bird Land.

Friday, May 22, 2020

China’s ‘Two Sessions’ herald Rebound of Economy / Economics / China Economy

By: Dan_Steinbock

As the coronavirus fallout is spreading in Western economies, China’s rebound has begun. Global recovery requires global cooperation, however.     

Today, international interest in the annual Two Sessions of China’s top legislative and political advisory bodies - National People’s Congress, and Chinese People’s Political Consultative Conference – which starts on Thursday, is exceptionally high.

Due to the global pandemic, the Sessions take place under strong anti-epidemic measures, including social distancing, and will be significantly shorter and rely more on videoconferences. Such measures are in line with the science-based health policies, which the central government adopted in late January.

Friday, May 22, 2020

Signs Of Long Term Devaluation US Real Estate / Housing-Market / US Housing

By: Chris_Vermeulen

Continuing our research into the Real Estate market and our expectations over the next 6+ months or longer, we want to point out the disconnect between the current US stock market rally and the forward expectations related to the real economy.  Our researchers believe the current data from Realtor.com as well as forward expectations suggest a major shift related to “at-risk” real estate (both commercial and residential). 

Unlike the 2008-09 credit crisis, the COVID-19 virus event is quickly disrupting consumer engagement within the global economy and disrupting spending activities.  Spending is shifting to online, fast food, and technology services for those that still have an income.  For those that have lost their jobs, spending is centered around surviving the COVID-19 virus event and hoping to see new opportunities and jobs when things open back up.

Friday, May 22, 2020

Reading the Tea Leaves of Gold’s Upcoming Move / Commodities / Gold & Silver 2020

By: P_Radomski_CFA

To be bullish or not to be – that is the question. Or it might have been the question, if someone named Shakespeare wrote a piece titled Investhamlet.

The choice whether to be bullish or bearish or neutral on a given asset should be made each day, each time based on the information that is currently available. Let’s check the new signs that we saw yesterday.

Thursday, May 21, 2020

Gold, Silver, Mining Stocks Teeter On The Brink Of A Breakout / Commodities / Gold & Silver 2020

By: Chris_Vermeulen

This week has been a wild and emotional one and it’s just started!

With Monday’s big pop in the stock indexes, the big rally was based on vaccine news and bullish comments from the fed, convincing most traders and investors to be overly bullish this week.

My volume flow indicator showed a reading of 10 all day yesterday, which means ten shares were being bought on the NYSE at the ask, to everyone share being sold at the bid. Any reading over 3 is considered bearish short term, so ten was extreme. After the pop on Monday, stocks/indices closed lower by 1-2% on the session respectively the following session.

I have reiterated over and over, big moves (and gaps) in the price in the stock indexes that occur from the news are generally given back within a few days. This is still what I feel is going to happen in the coming days, albeit the last hour on Tuesday may have started that retracement.