Financial topics

Investments, gold, currencies, surviving after a financial meltdown
Higgenbotham
Posts: 7436
Joined: Wed Sep 24, 2008 11:28 pm

Re: Financial topics

Post by Higgenbotham »

ihatecnbc2000 wrote:
Wed Jul 22, 2020 4:23 pm
Some strong memories I have of the end of the dotcom bubble was how the relationship between the Dow/S&P versus NASDAQ went kind of schizo, with various days having one up big with the other down and vice versa. Then you had blowout seemingly good news earnings (beating "whisper numbers") that resulted in those stocks getting sold hard. We've definitely had the schizo indices, lets see if the big tech "beats" in earnings get sold into.
We're seeing that type of thing again today with the Nasdaq 100 up and S&P/Russell down. Now let's see what happens when Amazon and Apple report after the close.
While the periphery breaks down rather slowly at first, the capital cities of the hegemon should collapse suddenly and violently.

ihatecnbc2000
Posts: 8
Joined: Wed Jul 15, 2020 8:38 pm

Re: Financial topics

Post by ihatecnbc2000 »

.We're seeing that type of thing again today with the Nasdaq 100 up and S&P/Russell down. Now let's see what happens when Amazon and Apple report after the close.
Could we see a blow-off top tomorrow? Not sure. I was thinking Uncle Buck would bounce. Also thinking that Gold would start to outpace Silver again, which it did today. Tomorrow will be interesting.

aeden
Posts: 12353
Joined: Sat Jul 31, 2010 12:34 pm

Re: Financial topics

Post by aeden »

I tend consider topping formation is rapidly approaching on numerous fronts.
The sweeps indications point to bond fluctuation which yes we can underscore DXY.
Exter's Pyramid sorts out the ground noise to intrinsic values anyways.
With Klarmen, Chanos going to the Soros Legion camp of actors as Operation Flypaper
indicated some rather accurate points. The unique point here is we have non other than
the tenants of Freedom. How bad has it got to be to hack the Vatican as a condolence over
the death of a Chinese Catholic bishop, and "weaponized," it said.
The depravity is utterly astounding and no way will I ever conduct capital to that conditional
reality of madmen.
https://www.lawfulpath.com/ref/vk2k.shtml

Higgenbotham
Posts: 7436
Joined: Wed Sep 24, 2008 11:28 pm

Re: Financial topics

Post by Higgenbotham »

The after hours moves in Amazon, Apple, and Facebook should add 24 points to the S&P based on the closes in these stocks. Tonight the ES futures are moving up and down around this level (3263).

The order book has been thin tonight with few levels showing over 100 orders and most averaging around 40. That indicated to me that the market is in wait and see mode and will be running the ES futures up and down around that level all night and probably the first minutes after the cash open tomorrow, absent any other market moving news. The bots seem to be testing the market with some order stuffing on both sides.

For tonight, I've been selling around 67 average and buying back around 63 average, with a few long trades at the lower extreme.

At this time, I don't have any strong feel that the market is getting ready to reverse from the overnight high so maybe a blow off is in the cards before a reversal is possible, don't know either.

Image
While the periphery breaks down rather slowly at first, the capital cities of the hegemon should collapse suddenly and violently.

FullMoon
Posts: 772
Joined: Thu Jul 30, 2020 11:55 pm

Re: Financial topics

Post by FullMoon »

Please comment on residential real estate. I'm not quite in the position to sell our home in preparation for whatever might happen. But I'm finding a dearth of real-time knowledge.

Higgenbotham
Posts: 7436
Joined: Wed Sep 24, 2008 11:28 pm

Re: Financial topics

Post by Higgenbotham »

FullMoon wrote:
Fri Jul 31, 2020 12:04 am
Please comment on residential real estate. I'm not quite in the position to sell our home in preparation for whatever might happen. But I'm finding a dearth of real-time knowledge.
I think residential real estate has more unknowns by far than at any time in my lifetime.

Some long term considerations and questions that come to mind.

Falling birthrates should reduce demand for family homes.
If the pandemics and falling birthrates continue, can the population be maintained? It's ultimately the growth in population that underpins real estate values.
What is the current value of real estate in ounces of gold and silver? This was discussed here a few years ago and seemed helpful for determining whether real estate was really cheap or not.
Since people are spending more time at home, will they place a higher value on a home?
Will mortgage interest rates rise or will mortgage money get harder to come by?

Some shorter term considerations and questions.

Why aren't more price cuts being seen in Houston with the trouble in the oil business or are they still coming?
Will an imminent stock market crash and depression finally take real estate down for a long time or will the Fed continue to be successful in pumping up asset prices?

I used to be in the real estate business and felt fairly confident in my ability to forecast real estate, but at this time I have no confidence in being able to advise someone on whether to buy or sell a home.
While the periphery breaks down rather slowly at first, the capital cities of the hegemon should collapse suddenly and violently.

Higgenbotham
Posts: 7436
Joined: Wed Sep 24, 2008 11:28 pm

Re: Financial topics

Post by Higgenbotham »

Higgenbotham wrote:
Thu Jul 30, 2020 10:50 pm
Image
Here's a continuation of my trade book since this was posted. There were over 600 resting orders at 45 that the market didn't touch.

Image

Image
While the periphery breaks down rather slowly at first, the capital cities of the hegemon should collapse suddenly and violently.

aeden
Posts: 12353
Joined: Sat Jul 31, 2010 12:34 pm

Re: Financial topics

Post by aeden »

I used to be in the real estate business and felt fairly confident in my ability to forecast real estate,
but at this time I have no confidence in being able to advise someone on whether to buy or sell a home.

We are closing on a property today.
SEV value only bids in a sane location only.
Very good shape.
Other areas rather inflated but coming down modestly.
Inner core people are leaving en mass locally.
Blue Island Shit Holes are run by very very educated idiots.

It is characteristic of current political thinking to welcome every suggestion which aims at enlarging the influence of government. Inflation can be pursued only so long as the public still does not believe it will continue. Once the people generally realize that the inflation will be continued on and on and that the value of the monetary unit will decline more and more, then the fate of the money is sealed. Only the belief, that the inflation will come to a stop, maintains the value of the notes. If the practice persists of covering government deficits with the issue of notes, then the day will come without fail, sooner or later, when the monetary systems of those nations pursuing this course will break down completely. The purchasing power of the monetary unit will decline more and more, until finally it disappears completely. The most serious dangers for American freedom and the American way of life do not come from without. What is needed to prevent any further credit expansion is to place the banking business under the general rules of commercial and civil laws compelling every individual and firm to fulfill all obligations in full compliance with the terms of the contract. If you have to convince a group of people who are not directly dependent on a solution of a problem, you will never succeed. Only to bureaucrats can the idea occur that establishing new offices, promulgating new decrees, and increasing the number of government employees alone can be described as positive and beneficial measures.
The issue is always the same: the government or the market. There is no third solution.
Ludwig von Mises

When pushed hard by economists, welfare propagandists and socialists admit that impairment of the average standard of living can only be avoided by the maintenance of capital already accumulated and that economic improvement depends on accumulation of additional capital. History does not provide any example of capital accumulation brought about by a government. The consumers are merciless. They never buy in order to benefit a less efficient producer and to protect him against the consequences of his failure to manage better. They want to be served as well as possible. And the working of the capitalist system forces the entrepreneur to obey the orders issued by the consumers. The corruption of the regulatory bodies does not shake his blind confidence in the infallibility and perfection of the state; it merely fills him with moral aversion to entrepreneurs and capitalists. No one should expect that any logical argument or any experience could ever shake the almost religious fervor of those who believe in salvation through spending and credit expansion. The final outcome of the credit expansion is general impoverishment.

Tue Sep 08, 2009 8:47 pm
As for me are you not still under an Ancient Roman edict to consumers then and now of Caveat emptor: Let the buyer beware? And let stockholders beware of wayward leadership. Sum is that lingering element to date to preserve capital and serve the customer which to date is being exterminated by observation to its ideological burden they wish. The preservation of our net cash flow to date consists only to serve the remaining customer base. We are in the mode to this hidebound reality since theories explain, but cannot slow the decline of a great civilization as they plan. I set out to be a reformer, but only became the historian of a decline. Aristotle in his Rhetoric (c. 322 B.C.) hit democracy as "when put to the strain, grows weak, and is supplanted by oligarchy. Since I am a consumer to vote every day in purchases will you listen or pass me by as I focus on things you consider important to me? My friend behind the Great Fire Wall conveyed enjoy Democracy while it last some years ago. As we talked he conveyed how I kept my house over the years. We shared many thoughts of men who understood what is important. Some are here in this forum of reason. As conveyed earlier if you do not know a stock better than your wife please refrain.

Robert Reich is correct to the point the middle fifty percent is the point. With NAFTA they annihilated one third of wages and one half of benefits
as China was subsidized for numerous years. The rhetoric today is election cycle as they hacked the Vatican.
Not one cent wil be invested over there. Fauci lab In China might get washed away we read this morning.

Currently I have no reply from the Senate on critical theory and intersectionality political cults.

As research by Good Jobs Nation shows, 41 of the top 100 recipients of federal contracts engage in offshoring of jobs.
Those companies received $176 billion in federal contracts in fiscal year 2016, which is over one-third of all federal contract spending.

23% of US adults are not able to pay all of their current month’s bills in full while 44% of respondents said they wouldn’t be able to cover an unexpected $400 expense like a car repair or medical bill. tyler

The NAFTA reports and rhetoric of left leaning Nations we saved leave a bitter unresolved memory.
The democrats deserve to rot on the body farm as it was more than well deserved.

http://gdxforum.com/forum/viewtopic.php ... fta#p53247
www.chapwoodindex.com
Last edited by aeden on Fri Jul 31, 2020 8:30 am, edited 2 times in total.

aeden
Posts: 12353
Joined: Sat Jul 31, 2010 12:34 pm

Re: Financial topics

Post by aeden »

https://www.youtube.com/watch?v=2vfl6XTapYc thought maps of the print until collapse cult

Q: When you were the labor secretary to the first term of the Clinton administration,
they pushed through the North American Free Trade Agreement. You were part of that administration. Was that a mistake?

A: I don’t think it was a mistake,
https://www.ontheissues.org/Celeb/Rober ... _Trade.htm

Yea we got your message.
The corporate con man irony was never lost on Us either.
We consider red and blue just as oleaginous as Will.

Progressives lived mainly in the cities, were college educated and believed that government could be a tool for change.

You still do not understand the middle.
https://www.zerohedge.com/s3/files/inli ... k=VJ5hS6Be review map
http://gdxforum.com/forum/viewtopic.php?p=53646#p53646

At this time, I don't have any strong feel that the market is getting ready to reverse from the overnight high so maybe a blow off is in the cards before a reversal is possible, don't know either.
Thu Jul 30, 2020 7:47 pm
Agree.

https://www.youtube.com/watch?v=Or12UEx8fHY

aeden
Posts: 12353
Joined: Sat Jul 31, 2010 12:34 pm

Re: Financial topics

Post by aeden »

https://www.zerohedge.com/s3/files/inli ... k=FC7uGOYh

thread: sogo

We will never surrender until the red and blue just go the F^&* away and let the Consumer grow a set.

13.6% of the U.S. population nearly triple the share 4.7% from 1970 just wandered in.
https://www.youtube.com/watch?v=l-5aPNxv-pU

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