Wednesday, February 12, 2020
Stock Market 2020 – A Close Look At What To Expect / Stock-Markets / Stock Markets 2020
By: Chris_Vermeulen
Quite a bit has changed in the global markets and future expectations over the past 4+ weeks. Q4 2019 ended with a bang. US/China Trade Deal, US signing the USMCA Continental Free Trade Agreement, BREXIT and now the Wuhan Virus. On top of all of that, we’ve learned that Germany and Japan have entered a technical recession. As Q4-2019 earnings continue to push the US stock market higher – what should traders expect going forward in 2020?
Volatility, Sector Rotation, and Continued US Stock Market Strength.
Our researchers have been pouring over our charts and predictive modeling tools to attempt to identify any signs of weakness or major price rotation. There are early warning signs that the US Stock Market may be setting up for a moderate downside price rotation within the first 6 months of 2020, but we believe the continued Capital Shift that has been taking place over the past 24+ months will continue to drive foreign investment into the US and North American stock markets for quite a while in 2020 and 2021.
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Tuesday, February 11, 2020
IBM AI Mega-trend Tech Stocks Investing 2020 / Companies / AI
By: Nadeem_Walayat
The juggernaut that is Artificial Intelligence continues to rumble along towards an inexorable future, one that most still fail to grasp the magnitude of the changes that are just around the corner as humans think in linear terms whilst the AI trend is EXPONENTIAL. Where developments that even the proponents of AI thought would take several years are taking place in mere MONTHS! That is the power of the unfolding AI MEGA-TREND!
AI has already CHANGED THE WORLD! EXPONENTIALLY! You have an AI super computer right in your pocket for likely less than £1000!
Especially, when one marries AI with other big world changing tech mega-trend "Quantum Computing"! Put the 2 together and we are literally going to see an explosion in SUPER INTELLGENCE that would soon far exceed that of human intelligence, following which it won't be that many years before the AI exceeds the intelligence of the sum of ALL humans! For better or worse, that's the path we are on.
And all those who say AI can be controlled are going to be proven wrong, as new technologies tend to be first sequestered towards military aims. So whilst we focus on the benefits of AI in reality AI is a POWERFUL WEAPON and so the world is in an AI arms race, commercial, economic and military AI arms race.
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Tuesday, February 11, 2020
The US Dollar’s Subtle Message for Gold / Currencies / US Dollar
By: P_Radomski_CFA
Gold and the US dollar. The yellow metal and its fiat nemesis. Often, they move inversely, though the strength and even the direction of their relationship varies when examined from different time perspectives. What is the message the greenback is sending out currently?
The USD Index is moving up in a rising trend channel (all medium-term highs are higher than the preceding ones) that formed after the index ended a very sharp rally. This means that the price movement within the rising trend channel is actually a running correction, which is the most bullish type of correction out there. If a market declines a lot after rallying, it means that the bears are strong. If it declines a little, it means that bears are only moderately strong. If the price moves sideways instead of declining, it means that the bears are weak. And the USD Index didn’t even manage to move sideways. The bears are so weak, and the bulls are so strong that the only thing that the USD Index managed to do despite Fed’s very dovish turn and Trump’s calls for lower USD, is to still rally, but at a slower pace.
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Tuesday, February 11, 2020
What All To Do Before Opening A Bank Account For Your Business / Companies / Current Accounts
By: Sumeet_Manhas
While getting prepped up for starting a business, a lot of things need to be taken care of. What kind of business it will be, what will be the target mass, who are your competitors, and so on. But before you get down to the big stuff, there are small but crucial things that you need to assess. This includes setting up a bank account for the business. The business itself is about transactions, therefore getting done with this step is of utmost importance. So, today we will go through a few things that you might want to do before you open your business bank account.
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Tuesday, February 11, 2020
How and When to Enter Day Trades & Swing Trade For Maximum Gains / Stock-Markets / Stock Index Trading
By: Chris_Vermeulen
Another interesting session for stocks and commodities and it allows me to share a day trading secret with you as well. This secret not only is a gold mine for day traders but it also helps with timing your entry and exits as a swing trader.
Today stocks opened lower and during pre-market hours it was looking really bearish, but once the 9:30 opening bell rang buyers flooded the market and drove the prices higher all session forming the typical intraday price action that happens during strong trending days.
I did a video on this year ago which I’ll share the link but take a look at today’s intraday price action, then watch this video as its a day traders DREAM – FREE MONEY!
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Tuesday, February 11, 2020
The Great Stock Market Dichotomy / Stock-Markets / Stock Markets 2020
By: The_Gold_Report
Sector expert Michael Ballanger sees something "terrifying" in the charts for copper and long-term bonds.
One of the advantages of being a sexagenarian is that after forty years investing in stocks, bonds, commodities, and currencies you have a pretty good idea when something is not exactly "right." If you have lived a good, normal life and you still have decent control of over your mental faculties and bodily functions, you remember moments in time that impacted your sensibilities, not unlike your first crush on a girl, or that final exam, or an authoritarian coach's dressing-down.
However, given my chosen profession, nothing gets more indelibly etched into one's psyche than a big price "move" in something one owns. Be it a loss or a win, one can recall all the inputs that created that "move" and, sometimes elatedly and sometimes sadly, one can recall all of the ramifications and repercussion from the "move." You will, later in life, regale in the joy (or sorrow) of recounting the story of the "move" until people roll their eyes in angst upon being subjected to their ninth or tenth serving.
Of course, one of the disadvantages of being a sexagenarian is that over time, one forgets (or imbues) portions of the story, usually in favor of its historical significance or personal accolade. But, alas, that is an anecdote for another day. What I wish to discuss with you all today is that my geriatric power of recall and my olfactory rot-sensor are telling me that something is definitely not "right."
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Tuesday, February 11, 2020
Stock Market Sector Rotation Should Peak Within 60+ Days – Part II / Stock-Markets / Stock Markets 2020
By: Chris_Vermeulen
The first part of this article highlighted what we believe is the start of a broad market sector rotation setup in the US and global markets. This second part will highlight what we believe are excellent examples of sector trade setups for our friends and followers.
As China continues to pour capital into their markets to stabilize the outflow and fall of asset prices, a number of interesting components of broader sector rotation are setting up. First, the US stock market has rolled lower in what we are calling a “first-tier” of the “waterfall event”.
Additionally, Mid-Caps, Transportation, Energy, and Financials have all started to roll-over of already begun to rotate lower. We believe the contraction in economic activity and global market engagement as a result of the Wuhan virus will result in a much bigger and broader downside price move than many are expecting in the coming weeks.
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Tuesday, February 11, 2020
CoronaVirus Pandemic Stocks Bear Market Risk 2020? - Video / Politics / Pandemic
By: Nadeem_Walayat
The stock market is confounding growing Coronavirus fears by recovering all of the late January's drop in the wake of Coronavirus news out of China that started global alarm bells ringing of what could transpire right across the world. The Dow retraced all of its drop from 29400 to 28200 to Thursday's high of 29408, a new all time high! Clearly where the markets are concerned it's a case of virus? What virus? So discounting the Coronavirus as background noise, unlikely to have any significant economic or market events outside of a few cities in China, are the markets wrong?
That and the Democrats busted flush Impeachment of Trump that clearly did not have a hope in hells chances of succeeding given that the Democrats only managed to convince 1 Republican senator (Mick Romney) to vote for Impeachment, so reduced political uncertainties resolves in market calm before the Coronavirus storm? Find out as I chart the prospects for the Dow's trend over the next couple of months.
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Tuesday, February 11, 2020
JPMorgan chase Confirmed as Target of Precious Metals Price Rigging Prosecution / Commodities / Gold & Silver 2020
By: MoneyMetals
The U.S. Department of Justice investigation of criminal activity in the precious metals markets has taken an interesting new turn.
According to Bloomberg, prosecutors are targeting the bank itself and not just the individual traders involved in rigging prices. If convicted, the bank as an institution could be held accountable for years of structured and pervasive cheating.
The DOJ investigation of JPMorgan’s metals trading desk began more than two years ago. It came on the heels of a guilty plea by Deutsche Bank.
Monday, February 10, 2020
Facebook (FB) AI Mega-trend Tech Stocks Investing 2020 / Companies / AI
By: Nadeem_Walayat
The juggernaut that is Artificial Intelligence continues to rumble along towards an inexorable future, one that most still fail to grasp the magnitude of the changes that are just around the corner as humans think in linear terms whilst the AI trend is EXPONENTIAL. Where developments that even the proponents of AI thought would take several years are taking place in mere MONTHS! That is the power of the unfolding AI MEGA-TREND!
AI has already CHANGED THE WORLD! EXPONENTIALLY! You have an AI super computer right in your pocket for likely less than £1000!
Especially, when one marries AI with other big world changing tech mega-trend "Quantum Computing"! Put the 2 together and we are literally going to see an explosion in SUPER INTELLGENCE that would soon far exceed that of human intelligence, following which it won't be that many years before the AI exceeds the intelligence of the sum of ALL humans! For better or worse, that's the path we are on.
Read full article... Read full article...
Monday, February 10, 2020
Coronavirus Cure: Print More Money / Stock-Markets / Financial Markets 2020
By: Michael_Pento
A few days ago the market was crashing on Coronavirus fears. But recently, the market has soared back based upon the hopes of a vaccine and some better than expected economic data in the US. The ADP January employment report showed that a net 291k jobs were created, and the ISM Services Index came in at a healthy 55.5. However, a couple of good data points doesn't change the fact that US economic growth has contracted back to 2% trend growth and will absolutely become more anemic--at least in the short-term. This is because the measures needed to contain the virus are also GDP killers. I have no clue if the virus will become a pandemic or if it will fade away like the SARS and MERS viruses--without long-term economic damage. But, for the stock market to remain at record high valuations, nearly everything has to go perfectly. That is, the Fed has to keep pumping in money, and EPS growth must rebound sharply. Read full article... Read full article...
Monday, February 10, 2020
The US Constitution IS the Crisis / Politics / US Politics
By: Antonius_Aquinas
A Review of Murray N. Rothbard’s Conceived in Liberty, Vol. 5
The posthumous release of Murray Rothbard’s fifth volume of his early American history series, Conceived in Liberty, is a cause of celebration not only for those interested in the country’s constitutional period, but also for the present day as the nation is faced with acute social, economic, and political crises. The fifth volume, The New Republic: 1784-1791, stands with Boston T. Party’s 1997 release, Hologram of Liberty, as a grand rebuttal of the cherished notion held by most contemporary scholars, pundits on the Right, and, surprisingly, many libertarians who believe that the US Constitution is some great bulwark in defense of individual liberty and a promoter of economic success.
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Monday, February 10, 2020
Stock Market Correction Continues / Stock-Markets / Stock Markets 2020
By: Andre_Gratian
Current Position of the Market
SPX: Long-term trend – There are no signs that the long-term bull market is over.
Intermediate trend – Correction over? Resuming uptrend?
Analysis of the short-term trend is done on a daily basis 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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Monday, February 10, 2020
Useful Tips for Becoming a Better Man / Personal_Finance / Education
By: Justin_Weinger
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Sunday, February 09, 2020
Will CoronaVirus Pandemic Trigger a Stocks Bear Market 2020? Part1 / Stock-Markets / Pandemic
By: Nadeem_Walayat
The stock market is confounding growing Coronavirus fears by recovering all of the late January's drop in the wake of Coronavirus news out of China that started global alarm bells ringing of what could transpire right across the world. The Dow retraced all of its drop from 29400 to 28200 to Thursday's high of 29408, a new all time high! Clearly where the markets are concerned it's a case of virus? What virus? So discounting the Coronavirus as background noise, unlikely to have any significant economic or market events outside of a few cities in China, are the markets wrong?
That and the Democrats busted flush Impeachment of Trump that clearly did not have a hope in hells chances of succeeding given that the Democrats only managed to convince 1 Republican senator (Mick Romney) to vote for Impeachment, so reduced political uncertainties resolves in market calm before the Coronavirus storm? Find out as I chart the prospects for the Dow's trend over the next couple of months.
Read full article... Read full article...
Sunday, February 09, 2020
Could Silver Break-out like it did in 2011? / Commodities / Gold & Silver 2020
By: Richard_Mills
Silver is expected to begin the 2020s newly burnished, through a combination of higher industrial and investment demand, and tightened supply owing to mine production issues and output cuts. If it does, it would be the continuation of a trend that started last year.
2019 was an excellent year for gold and silver. Both metals began to run last summer after the US Federal Reserve started cutting interest rates. In July the Fed lowered rates three times before freezing the (benchmark) federal funds rate at a range of 1.5 - 1.75% in November. The market is reportedly expecting multiple cuts in 2020.
That, along with similarly dovish policies among other central banks, a record $17-trillion of negative-yielding sovereign bonds, and fresh safe haven demand due to tensions with Iran, and a lack of progress on trade talks, to name two key issues, powered precious metals to new heights.
Spot gold and silver both peaked in early September at a respective $1,552.00/oz and $19.67/oz. Taking a long-term view of silver and gold prices reveals that the precious metals move in almost identical patterns. Over the last year gold and silver have each gained about 25% (trough to peak); over the last five years gold gained 45% to silver’s 40%.
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Sunday, February 09, 2020
The End of the Global Economy / Economics / Global Economy
By: Richard_Mills
The Trump administration has just granted its Commerce Department sweeping powers to slap tariffs on countries it decides are manipulating their currencies to the detriment of the United States and its exporting companies.
For some this will come as news; at AOTH, it is confirmation that our earlier warning, reported here, has come true.
In our article ‘US prepares for currency war’, we warned readers about these new powers when they were first proposed by the US government several months ago, amid its trade war with China.
The Commerce Department now says it will proceed with the plan, which gives Commerce a wide scope of power to decide whether or not a country is under-cutting US exporters by keeping its currency artificially low. Whereas Commerce normally follows the advice of the Treasury Department - which issues a twice-yearly report to Congress on suspected currency manipulators - on whether to impose trade sanctions, the new rules allow Commerce to slap duties on goods from accused countries and individual businesses, even in cases where the Treasury did not find them to be guilty of currency manipulation. Bloomberg neatly explains what broadening the Commerce Department’s mandate to impose anti-subsidy duties could mean:
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Sunday, February 09, 2020
Fed to Stimulate in Any Crisis; Don’t Let Short-Term Events Bother You / Stock-Markets / Financial Markets 2020
By: MoneyMetals
Mike Gleason: It is my privilege now to welcome in Axel Merk President and Chief Investment Officer of Merk Investments and author of the book Sustainable Wealth. Axel is a well-known market commentator and money manager and is a highly sought-after guest at financial conferences and on news outlets throughout the world and it's always great to have him on with us here on the Money Metals Podcast.
Axel, it's a pleasure to have you back and thanks for joining us again. Welcome.
Axel Merk: Good to be with you.
Mike Gleason: Well, I'd like to start by getting your take on the coronavirus since that has been dominating headlines in recent days. There is an awful lot of speculation about how markets might be impacted. Some people think it is a tempest in a teapot, others think the apocalypse is upon us. Everyone has to rely on data coming out of China, which is always a dodgy proposition, but what are your thoughts about the virus and what it could mean for financial markets in the weeks and months ahead?
Saturday, February 08, 2020
Is The Coronavirus bullish for Stocks? / Stock-Markets / Stock Markets 2020
By: Chris_Vermeulen
Earnings volatility has certainly been big. Tesla pushed the markets much higher early this week and the US stock markets have continued the upward momentum after the State Of The Union address and the acquittal of President Trump on Wednesday. Still, we continue to believe this rally may be a “fake-out” rally with respect to the fallout from the Wuhan virus. Certainly, foreign investors are continuing to pour capital into the US stock market as the strength of the US Dollar and the strong US economy is drawing investment from all areas of the globe.
We believe the scope of this parabolic rally in the US stock market should actually concern skilled traders. Markets just don’t go straight up for very long. The last time this happened was in the 1970s and 1980s. Very minor volatility during that time prompted a big move higher in the US stock market that set up the eventual DOT COM collapse.
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Saturday, February 08, 2020
Ryzen 9 3950X Best UK Custom PC Builder 2020 - Scan.co.uk vs Overclockers.co.uk / Personal_Finance / Technology
By: HGR
Which is Britain's best value for money custom builder for a high spec PC that for early 2020 must be based on AMD's Ryzen 9 3950x, a 16 cores 32 thread Zen 2 7nm CPU that blasts everything else away in the market right now in terms of price vs performance.
So I imagine for most contemplating upgrading their ageing desk systems will be wondering should we go down the risky self build route or let the professionals handle it, which could be especially wise if you have either never built a PC before or it has been many, many years since one last plugged in an athlon into a CPU socket, the last thing you want to do is to experiment with £2000+ worth of kit!
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