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.

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.

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.

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.

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.

Tuesday, November 10, 2020

Looking for a Personal Loan? Here Is What You Have To Know  / Personal_Finance / Debt & Loans

By: Submissions

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…

Monday, November 09, 2020

How Financial Markets Compare to Roulette / Personal_Finance / Gambling

By: Dylan_Moran

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.

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.

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.

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.

Sunday, November 08, 2020

What to Make of an “Irrational” Stock Market / Stock-Markets / Investing 2020

By: John_Mauldin

Justin Spittler : We’re also smack dab in the middle of earnings season. This is when companies tell the world how their business is doing. They reveal how much their sales grew and if they turned a profit.

Good quarterly results, as I’m sure you know, can cause a stock to race higher. Bad earnings, on the other hand, can send a stock into a tailspin. In fact, it’s quite common for a stock to move 20%, 30%, or even 40% in a day based on earnings.

More importantly, earnings can set the tone for a stock going forward. They can dictate a stock’s trajectory for weeks, months, or even years. But here’s the thing. Not all good earnings ignite powerful rallies. Sometimes, companies crush earnings and barely move or even fall on the news. We’ve been seeing this play out a lot recently.

Sunday, November 08, 2020

Why the Market's "Faith in the Fed" May Be Dwindling Fast / Stock-Markets / Financial Markets 2020

By: EWI

A chart that could be "a proxy for the market's faith in the Fed" shows "a classic loss of momentum"

Legendary financier John Pierpont Morgan was -- for all practical purposes -- a one-man central bank before the Fed came into existence in 1913.

During the financial panic of 1907, the banking titan used his influence to provide bailouts for faltering financial institutions. And, back in 1895, he had actually loaned the federal government money during another crisis.

Sunday, November 08, 2020

Get Ready for a Post-Election ‘Fed Wave’ of Inflation / Stock-Markets / Quantitative Easing

By: MoneyMetals

As accusations of voting irregularities mount, President Donald Trump’s legal team is descending on Pennsylvania and Georgia as well as multiple battleground states that have been called by media outlets for Joe Biden.

It will be an uphill battle for Trump to get to 270 electoral votes. As of this writing on Thursday morning, the final outcome of the presidential election remains uncertain.

One thing that is now certain: Voters denied Democrats the “blue wave” many pollsters and pundits had been forecasting.

Sunday, November 08, 2020

Best Ryzen Zen 3 CPU for Gaming and Productivity - 5600x, 5800x, 5900x, 5950x vs 10900k, 10600k / Personal_Finance / Computing

By: HGR

What are the best processors in terms of performance and value for money in November 2020 following release of AMD Zen 3 5000 series processors. Given the huge leap in performance can Intel even compete at any level? And if Zen 3 is the clear winner, then which are the best Zen 3 processors for Gaming and Productivity work?

Sunday, November 08, 2020

How to Fast Tame and Bond With Your Budgie, Fly to Your Hand / Personal_Finance / Animals & Pets

By: N_Walayat

How to tame your budgie in just 3 to 5 days! Teach your budgie to step up. Tame your budgie to fly to your hand or arm. Train your budgie to eat from your hand. Follow these steps for a happy, healthy, friendly budgie!

Saturday, November 07, 2020

Trump Concedes Election Defeat After MSM Call Pennsylvania for Joe Biden Winner of US Election 2020 / ElectionOracle / US Presidential Election 2020

By: N_Walayat

President Trump has graciously conceded election defeat after the mainstream establishment media called the US election for Vice President Biden earlier today after declaring Pennsylvania's 20 electoral college votes for Biden.

Friday, November 06, 2020

THE STOCK MARKET BIG PICTURE / Stock-Markets / Stock Markets 2020

By: Nadeem_Walayat

Will the November 3rd election earthquake trigger a stock market Tsunami or just a few inconsequential waves lapping on the market shore?  Here we stand just a few days away from the US presidential election with the liberal MSM in a state of electoral fever as their preferred candidate is way ahead on the polls looking set to win, just as their favoured candidate Hillary Clinton in 2016 was way head of the polls so unlike 2016 there is an edge to the frenzy of their activity given the awareness that the polls tend to be wrong, skewed against conservative voters and opinions. However, 2020 is even more chaotic than 2016, as this year there is the backdrop of the chinese virus raging across the US and especially in many US swing states that is contributing towards new cases of infection soaring to new plandemic highs with deaths already having broken above 230,000! Near double all of the US lives lost in all of the wars since 194 that acts as a continuing noose around the US economy, though that has so far not been enough to full fill that which the perma stock market doom merchants have been proclaiming for a more than a decade, an end to the stocks bull market.

Friday, November 06, 2020

Trump or Biden - USA is Still Going Bananas / Stock-Markets / Financial Markets 2020

By: Gary_Tanashian

You see, it’s not a Trump thing. It’s an ‘America is so hopelessly indebted (as are other developed economies) that they have no choice now’ thing.

However the election shakes out – most likely Democrat president and congress, Republican senate – the stock market is cheering two things in my opinion. It is cheering US dollar compromising fiscal stimulus (Fed prints, politicians spend) and the coming of more US dollar compromising monetary policy (Fed prints, Fed monetizes bonds AKA debt, Fed screws with any other esoteric tool it can get its hands on in the age of MMT TMM, AKA Total Market Manipulation).