Hypothesis: The riots will lead to more government spending,
both government programs and Fed money printing, hence markets kind
of like it. Maybe market participants have now been trained that
bad news = good news (more liquidity will be provided) that the PPP
doesn't even have to buy anything. Just a thought.
The question is -- are infections really up or does it just look
that way because we have a lot more testing? A lot of debate on
that. I'm not sure that we know yet.
I agree. Excellent interview. Lacy Hunt makes a pretty
convincing case that deflation is the likely place we're headed.
Which isn't good. If there's any inflation or hyperinflation out
there it's probably many years away. His analysis made more sense
than anything else I've read.
Seems like what's going on now is more of what we've had though
the whole bull market -- nothing as good for the market as the Fed
and the Treasury adding how many trillions in liquidity? The market
seems to continue to value money printing more than everything else
combined.
Re: Comex gold inventory...I hope gold goes to the moon because
I have a significant holding, but the current inventory issues are
very much impacted by the difficulty to transfer holdings from
London as well as the shutting down of mines and refiners because
of the virus. I'm well aware that gold bulls have been predicting
for as long as I can remember that eventually demands for delivery
would overwhelm the "paper gold" market but I guess I'll believe it
when I see it. In the meantime the action is gold is clearly
bullish which I'm happy about but I've seen gold get beaten up on
breakouts enough times in my life to curb my enthusiasm just a
little :-)
Oh, and thanks for all your posts -- some really interesting
ones and some great charts!
I've noticed that most of my friends and neighbors are
optimistic about the economy coming back quickly and about the
market coming back. Perhaps some combination of a natural desire
for good outcomes and the life experience of the long bull market.
When I suggest that neither might be true, that this could be a
long and difficult and painful slog, they don't want to hear it. So
I've quit having that conversation. I think the idea that we might
not be roaring back is too painful for most people to hear.
FWIW
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Very interesting and big megaphone.
DJIA Weekly Close. The uptrend line from June 2020 has ...
Posted by puma on 30th of Oct 2020 at 11:16 pm
Very interesting and big megaphone. Thanks for posting.
Headline on CNBC: Trump announced
Posted by puma on 6th of Oct 2020 at 02:55 pm
Headline on CNBC: Trump announced no more stimulus talks until after election
Goldnice, thanks for those LT
Longterm roadmaps for gold and silver from "Northstar" twitter. Good ...
Posted by puma on 17th of Aug 2020 at 10:05 pm
Goldnice, thanks for those LT charts.
Hypothesis: The riots will lead
Plunge Protection Team working over time to defend 3K. ...
Posted by puma on 31st of May 2020 at 08:35 pm
Hypothesis: The riots will lead to more government spending, both government programs and Fed money printing, hence markets kind of like it. Maybe market participants have now been trained that bad news = good news (more liquidity will be provided) that the PPP doesn't even have to buy anything. Just a thought.
Justice Dept to hit Google
Posted by puma on 15th of May 2020 at 05:02 pm
Justice Dept to hit Google with anti-trust, only down about 1.5% after hours, I guess investors figure that litigation will drag out forever.
https://www.marketwatch.com/story/justice-department-state-attorneys-general-poised-to-hit-google-with-antitrust-lawsuits-report-2020-05-15
The question is -- are
So Georgia opened up the state coraona Wuhan is up ...
Posted by puma on 8th of May 2020 at 04:42 pm
The question is -- are infections really up or does it just look that way because we have a lot more testing? A lot of debate on that. I'm not sure that we know yet.
A good argument for why,
Posted by puma on 6th of May 2020 at 12:54 am
A good argument for why, in spite of the money printing, inflation is not what's right around the corner...
https://alhambrapartners.com/2020/05/05/weimar-thirties-didnt-happen-because-its-what-you-dont-see/
Looks like the market might
ES symmetry
Posted by puma on 3rd of May 2020 at 06:37 pm
Looks like the market might want to test the ES 2723ish lows...that would break the symmetry...thanks for the chart Matt
ES trading down about 28
Posted by puma on 3rd of May 2020 at 06:17 pm
ES trading down about 28 points and falling...quite possibly another nice gap down in the morning
I agree. Excellent interview. Lacy
Fantastic interview covering many important economic and policy options that ...
Posted by puma on 2nd of May 2020 at 05:17 pm
I agree. Excellent interview. Lacy Hunt makes a pretty convincing case that deflation is the likely place we're headed. Which isn't good. If there's any inflation or hyperinflation out there it's probably many years away. His analysis made more sense than anything else I've read.
Seems like what's going on
The last 4 Friday afternoons the SPX rallied - will ...
Posted by puma on 24th of Apr 2020 at 03:10 pm
Seems like what's going on now is more of what we've had though the whole bull market -- nothing as good for the market as the Fed and the Treasury adding how many trillions in liquidity? The market seems to continue to value money printing more than everything else combined.
About that rounded top...
Posted by puma on 24th of Apr 2020 at 02:00 pm
About that rounded top...
Steve, have a look at
Trader's Comment
Posted by puma on 24th of Apr 2020 at 12:21 pm
Steve, have a look at Ed Yareni's blog..."Fed trying to contain Zombie Apocapolyse it created"
http://blog.yardeni.com/
Steve/Matt -- Looks like that
Posted by puma on 23rd of Apr 2020 at 04:00 pm
Steve/Matt -- Looks like that rounded top from the chart yesterday and last night might be playing out on the 30 min chart
Disciple33 -- thanks for the
Fantastic chart showing the power of the gold comex inventory ...
Posted by puma on 23rd of Apr 2020 at 03:56 pm
Disciple33 -- thanks for the link. Interestingly enough I listened to it when it came out and it makes good sense to me.
Re: Comex gold inventory...I hope
Fantastic chart showing the power of the gold comex inventory ...
Posted by puma on 23rd of Apr 2020 at 02:08 pm
Re: Comex gold inventory...I hope gold goes to the moon because I have a significant holding, but the current inventory issues are very much impacted by the difficulty to transfer holdings from London as well as the shutting down of mines and refiners because of the virus. I'm well aware that gold bulls have been predicting for as long as I can remember that eventually demands for delivery would overwhelm the "paper gold" market but I guess I'll believe it when I see it. In the meantime the action is gold is clearly bullish which I'm happy about but I've seen gold get beaten up on breakouts enough times in my life to curb my enthusiasm just a little :-)
Oh, and thanks for all your posts -- some really interesting ones and some great charts!
GILD, not halted, still trading,
Here's what just hit -- Gilead halted after report Remdsvir ...
Posted by puma on 23rd of Apr 2020 at 12:52 pm
GILD, not halted, still trading, but reports still saying early trial didn't work
Here's what just hit --
Posted by puma on 23rd of Apr 2020 at 12:50 pm
Here's what just hit -- Gilead halted after report Remdsvir flopped in trial -- story says no benefit for patients
really! Where did that come
Rug Pull
Posted by puma on 23rd of Apr 2020 at 12:46 pm
really! Where did that come from?!!!
I've noticed that most of
SPX 30 Updated View
Posted by puma on 22nd of Apr 2020 at 06:03 pm
I've noticed that most of my friends and neighbors are optimistic about the economy coming back quickly and about the market coming back. Perhaps some combination of a natural desire for good outcomes and the life experience of the long bull market. When I suggest that neither might be true, that this could be a long and difficult and painful slog, they don't want to hear it. So I've quit having that conversation. I think the idea that we might not be roaring back is too painful for most people to hear. FWIW