Friday, November 13, 2020
How to buy Bitcoins using debit/credit card? / Personal_Finance / Bitcoin
By: Sumeet_Manhas
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Thursday, November 12, 2020
Will COVID Vaccine Kill Gold and Silver? / Commodities / Gold & Silver 2020
By: The_Gold_Report
Peter Krauth looks into what Pfizer and BioNTech's COVID-19 vaccine efficacy announcement could mean for gold and silver.
Believe it or not, the big deal for precious metals this week was not the U.S. election.
It was news that Pfizer and BioNTech's COVID-19 vaccine was over 90% effective in preventing the virus, and would likely be among the first to receive FDA authorization.
Monday was massively risk-on, with the Dow soaring 4% to a new record high, ten-year treasuries yields shot up almost 17% in a single day as investors dumped bonds, and oil was ahead 8%.
Meanwhile, the U.S. dollar index gained about 60 basis points or 0.65%, while higher-beta currencies jumped.
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Thursday, November 12, 2020
Access to Critical Market Reports / Stock-Markets / Financial Markets 2020
By: EWI
Dear Reader,
Like millions of people, you may have tried your hand at intraday trading this year.
Sure, today’s market platforms make executing your trades easy. But winning consistently is still hard. Especially when the waves are as big as they are right now.
This will help. For 3 days only on November 10-12, our friends at elliottwave.com are hosting a new, trader-focused event, "Critical Opportunities FreePass.".
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Thursday, November 12, 2020
Stock Market Dow Futures Reach 30,000 on News of COVID-19 Vaccine Trials Success / Stock-Markets / Stock Markets 2020
By: Chris_Vermeulen
Early this morning, the US stock market indexes/futures rallied on news that Pfizer’s new COVID-19 vaccine late-stage trials appear to show 90% effective rates. Overall, this is very good news for the US and global market economic recovery efforts. It means we may be able to get back to somewhat normal very quickly (as soon as the Fast-Track FDA approval process is complete). The YM (Dow Jones E-Mini Futures) reached a high of 30,000 very early today – which is a huge psychological level for traders.
After the US elections last week and the continued news of the outcome – the global financial markets were really wanting some type of good news instead of more chaos and unknowns. The Pfizer news hit the pre-market trading like a booster rocket. Before the opening bell in New York, the Dow Jones futures were up over 1500 points – which is simply incredible.
If you’ve followed my research long enough, you’ve heard me use the term “Pop-n-Drop”. A “Pop-n-Drop” is when something big drives a big market gap which quickly falls down later in the trading session(s). This happend because market prices always have a way of reverting back to somewhat normal trading ranges. Let’s take a look at a few different charts/sectors to help illustrate this type of setup.
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Thursday, November 12, 2020
8 Terms & Conditions You Must Know Before Asking For Life Insurance Policy Quotes / Personal_Finance / Insurance
By: Submissions
Life insurance is a booming market in the USA. About 600 companies offer life insurance policies. Despite this, the number of U.S. people having proper life insurance cover is very less. Only 54% of people have a life insurance cover.
In many cases, it is not enough. There is a common misconception that complete life insurance is expensive. On the contrary, it is very affordable. Also, people take life insurance as an alternative to long-term investment which is another bad practice. People need to understand that proper life insurance cover ensures that their family does not face financial instability if the insurer passes away.
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Wednesday, November 11, 2020
Gold Stocks Post 2020 US Election Outlook / Commodities / Gold and Silver Stocks 2020
By: Jordan_Roy_Byrne
We last wrote to you roughly ten days ago.
We concluded, “It appears GDX and GDXJ will test their September lows at $37 and $52 reasonably soon. Should GDX & GDXJ break those lows to the downside, then we should get ready to buy.”
GDX and GDXJ did break their September lows but only for a day. They closed below those levels on October 29 and then gapped down the next day.
But as it stands, that gap lower figures to be the low in price for this correction.
The best sign for the sector is the technical outlook for the Dow Jones US Gold Mining Index, which is weighted heavily towards the largest handful of companies in the industry.
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Wednesday, November 11, 2020
Champions’ League Group Stage Draw: All You Need To Know / Personal_Finance / Health and Fitness
By: Submissions
With the final qualifying round ending in a few days, the UCL group stage will kick-off from next month after the draw scheduled for 1st October. The group stage draw was originally scheduled to be hosted in Greece, but the ceremony has been moved to Switzerland behind closed doors for health reasons.
The delayed UEFA Champions League season is expected to properly kick-off on 20th October, starting with the group stage games for the 2020/2021 campaign. The actual tournament will kick off a month later than usual due to delays caused by wrapping up different leagues. However, UEFA believes that there’s still enough time to conclude the group stages by mid-December before completing the knockout.
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Wednesday, November 11, 2020
Stock Market Secular Trend / Stock-Markets / Stock Markets 2020
By: Donald_W_Dony
The secular upward trend of the world's stock markets never missed a beat due to the ongoing turmoil surrounding the U.S. President election this last month.
The benchmark world index (Dow Jones Global Index) is set to post a new all-time high later this month which continues the pattern of 11-years of higher highs and higher lows (Chart 1).
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Wednesday, November 11, 2020
Stock Market Correction Curtailed by US Election / Stock-Markets / Stock Markets 2020
By: Andre_Gratian
Current Position of the Market
SPX Long-term trend: For now, the best guesstimate is that we are still in the bull market which started in 2009. Where we go from here and how far, will be gauged after the September-November correction.
SPX Intermediate trend: Intermediate correction may have ended.
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 discuss longer market trends.
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Wednesday, November 11, 2020
What Causes a Financial Bubble? / Stock-Markets / Liquidity Bubble
By: Travis_Bard
Financial bubbles refer to a situation in which an asset sees a rapid increase in price and demand driven by a theoretical interest, then crashes as the rising prices become unsustainable over time. When reaching a specific value, the asset bubble bursts, and its prices reduce to a level that more accurately reflects its intrinsic value. Financial bubbles are typically attributed to a sudden change in investor behaviour, in which hypes, excessive speculation and the strong desire to ‘jump on the bandwagon’ of a certain trending asset play a part. In this article, let’s explore the potential causes of a financial bubble.
For a comprehensive history of financial bubbles, check out this comprehensive timeline by DailyFX.
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Tuesday, November 10, 2020
Ryzen 9 5900X RTX 3080 - Scan.co.uk vs Overclockers.co.uk UK Custom PC System Builder Review / Personal_Finance / Computing
By: HGR
Which is Britain's best value for money custom builder for a high spec PC that based on AMD's Ryzen 9 5900x, a 12 cores 24 thread Zen 3 7nm CPU, AMD best value for money high productivity processor.
So I imagine for most contemplating upgrading their ageing desktop 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 an athlon into a CPU socket, the last thing you want to do is to experiment with £2500+ worth of latest kit!
So here we engage the services of two of Britain's foremost custom builders to test out the difference between them in terms of price as both use the same component specs..
We have overclockers.co.uk and Scan Computers (scan.co.uk) from both of whom we have bought high spec PC's from over the years.
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Tuesday, November 10, 2020
Killing Driveway Weeds FAST with a Pressure Washer - Saving Block Paving from LOTS of WEEDs / Personal_Finance / Money Saving
By: N_Walayat
Here's how to get rid of weeds from infested driveways all without a single drop of chemicals? How to performance this miracle? Use a PRESSURE WASHER!
The block paving was covered in weeds and too much to use a wire brush to scrub them out so I used our new pressure washer for the first time on full power hoping that it would work, else the power washer would be heading back to amazon. And it did the job and all the weeds were fully removed!
It's been a really wet week or so here in the UK but once the paving has dried we will be returning to re-sand the paving.
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Tuesday, November 10, 2020
Trump Fired, Biden Hired, What Next? / Politics / US Presidential Election 2020
By: Dan_Steinbock
After the tight 2020 election, there’s only one way President-elect Joe Biden can win over both Americans and other nations. He has to deliver in multiple fronts, amid a divided nation and huge challenges.
“Trump has launched ill-advised trade wars, against the United States’ friends and foes alike, that are hurting the American middle class,” President-elect Joe Biden wrote when he set the tone of his 2020 campaign. The next US president will have to “take immediate steps to renew US democracy and alliances, protect the US economic future, and once more have America lead the world.”
Internationally, the hope is that Biden would restore US multilateralism, moderate trade conflicts, alleviate economic damage and push real struggle against the pandemic. Most immediately, Biden will seize a series of executive orders to reverse Trump’s policies and bring an end to “the era of demonization.”
The premise is that the new White House can avoid violence and legal roadblocks during the transition. The legal issues must be cleared by early December when the states must certify their results prior to the meeting of the Electoral College.
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Tuesday, November 10, 2020
Looking for a Personal Loan? Here Is What You Have To Know / Personal_Finance / Debt & Loans
By: Submissions
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Monday, November 09, 2020
Silver Price Is Trapped Below $30 / Commodities / Gold & Silver 2020
By: Kelsey_Williams
Below is a chart (source) showing a 10-year history of silver prices. The prices are adjusted for inflation…
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Monday, November 09, 2020
How Financial Markets Compare to Roulette / Personal_Finance / Gambling
By: Dylan_Moran
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Monday, November 09, 2020
Is Fed Chairman Powell the Real Election Winner? / Interest-Rates / US Federal Reserve Bank
By: MoneyMetals
As President Donald Trump continues to insist that he will be the winner of the election after all the legitimate votes are counted and the illegitimate ones thrown out, at least one publication has declared a different winner. Not Joe Biden, but Federal Reserve chairman Jerome Powell.
The Wall Street periodical Barron’s argued Powell has become a more important figure for markets than whoever occupies the White House.
Even as the presidential election outcome has been beset by uncertainty all week, Wall Street didn’t panic. Quite the opposite. Stocks surged on expectations for divided government and gridlock – and four more years of Fed stimulus.
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Monday, November 09, 2020
Americans Are Buying Homes Sight Unseen: Here’s Why / Housing-Market / US Housing
By: Stephen_McBride
Lester Knispel bought the $1.5 million white-columned house on the second fairway. His Porsche is now parked in the garage. And family pictures hang in the living room.
But Lester and his wife have never set foot inside their new country club home! They live in California, and didn’t want to visit Florida during the lockdowns.
So instead they toured the five-bedroom mansion virtually, bought it, and then shipped the car and furniture soon after. “I never thought I’d buy something like this, sight unseen” Knispel told the Wall Street Journal.
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Monday, November 09, 2020
Canada’s Warming Arctic – Gepolitical Implications / Politics / Climate Change
By: Richard_Mills
Canada’s identity is inextricably tied to the United States, and Canadians share much with their American neighbors, including popular culture, tourism, and the world’s longest undefended border. The amount of trade between the United States and Canada, an estimated $718.4 billion in 2019, is bested only by the sum total of goods and services exchanged between the US and China. Hundreds of Canadian businesses rely on goods and services produced state-side, and vice versa, making the supply chains between the two countries inextricable.
American news and politics is widely covered by Canadian media, not only for its public interest but because the influence of our southern neighbor is so pervasive, in political and economic life. As a former prime minister put it, “Living next to the US is like sleeping next to an elephant.”
Yet Canada has another identity, or rather, a different aspect of the same personality – one that is decidedly northern in geography and character. Above all, pun intended, Canada is an Arctic nation.
What defines the Canadian Arctic? The question appears easy at first blush. Tapping our collective imagination, which is all we have as most have never been there, most Canadians would answer, “everything north of the tree line” or more astutely, “territory that lies within the Arctic Circle.” Both are correct, yet vague.
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Monday, November 09, 2020
Will Coronavirus Second Wave Boost Gold Price? / Commodities / Gold & Silver 2020
By: Arkadiusz_Sieron
Brace yourselves, winter is coming! This is what Ned Stark in the Game of Thrones told his people to prepare them for the leaner times he saw coming. While one of the biggest threats in GOT were the White Walkers, in our reality, the pandemic is again the greatest danger. As the chart below shows, the second wave of the coronavirus infections is no longer a mere possibility – it’s happening all over the Europe and in the United States (although in the latter country, we could also say about one big wave or three waves). In particular, in France, Italy, Spain, the UK, and in the US, the number of daily new confirmed Covid-19 case per million people has soared much higher than the levels recorded in the spring. And we’ve just entered autumn, with winter yet to arrive.
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