Financial topics

[aeden]

https://justthenews.com/government/cour ... tion-email

[aeden]

Day said many pro-life Democrats will let their voices be heard by staying home and not voting this year, similar to 2016 with then-nominee Hillary Clinton. Nope they are not voting for molek.

[aeden]

26.34% from May 15, 2020 to August 13, 2020

[Higgenbotham]

Near the end of the rally, the really big numbers start coming out as the bulls start feeling invincible.

https://youtu.be/cb9CNPK76YQ?t=110

Right at the top...

[Higgenbotham]

It looks like the global momentum of stock markets is turning. Europe is well down today and the spark seems to have left the SP 500.
Perhaps it will make it through 3400, although I doubt it, but I can't see it breaching 3500.
I suspect its a downward path from here; perhaps even starting today. I am not actually looking forward to the madness turning into panic, but no doubt that will happen.

I agree. The Russell 2000 and the Dow Industrials are still holding their August 11 highs. This is the greatest opportunity of my lifetime, or maybe any lifetime, to be short US bubble stocks. We know that great opportunities are fraught with great danger and this bear market rally, if that's what it is, has been all of that.

[aeden]

https://www.3ccorp.net/2020/08/15/break ... rrogation/ narrative contractors we all know

Millie Weaver: Filmmaker Arrested Hours Before ‘Shadow Gate’ Documentary Release

Evil information warfare is unleashed on Americans.

Millie Weaver is now a political prisoner of the deep state. This is what they do to enemies who expose them.

But as the “Google whistleblower” Zach Vorhies explains, “sorry deepstate.

You can’t stop what’s coming.” The files have already been released!

[aeden]

July was the deadliest month in Chicago history.
https://www.youtube.com/watch?v=9SOLcFgLZ68

Father Flager 45 years of selfless community tells never has it been this bad...

To a Mother and Child.
Move its not safe here anymore.

Another failed bish zone.

[Higgenbotham]

PM's are getting hammered. Are they done? Assuming it's going to be soon regardless, what's a reasonable range for them to retrace to?

I'm not watching PMs now except out of the corner of my eye but I remarked to my broker the other day that the stock market action reminded me of May 2006, then went on to talk about how PMs might be a similar position.

Silver lost about 1/3 in that mini crash and I expect this one to be similar.

Near the end of the rally, the really big numbers start coming out as the bulls start feeling invincible.

https://youtu.be/cb9CNPK76YQ?t=110

Right at the top...

I haven't traded silver since the March low but I took a crack at it Friday for the first time in 5 months. Here's a snip from my daily statement. I would never go short and hold based on the above expectation of a 1/3 drop but when there's a lot of bullishness followed by turbulence in a market it can often result in profitable trading.

[Higgenbotham]

If I could trade a market from the short side right now it would be palladium. But the only trading vehicle available is the 100 ounce contract which has a margin requirement of somewhere around $34,000. That's more than I feel I can safely handle. If oil gets volatile I may do that.

I'm keeping my S&P position separate from my trading until the S&P starts to drop.

[Higgenbotham]

I didn't verify these numbers (and probably can't get truthful numbers anyway) but I read the other night that the Federal Reserve is printing 34% of GDP. That's not a Depression. That's a disaster.