Financial topics

[aeden]

https://www.kitco.com/ind/Taylor/2014-0 ... ramid.html

back to the inflation - deflation rhetoric and the Utility definition.

what you want will be inflated
what you need will cost even more

Most of this money hasn't gone into capital spending and expansion to boost profits and revenue, Odey claims. Instead, companies have lavished borrowed money on stock buybacks.
"We [the economy] have long ago stopped allocating capital efficiently," he said. "A long time after savings have gone, credit will still be there, and it’s horrible."
With so many weak spots, one can't help but wonder whether this might really be the start of the "profound 25-year bear market" that Odey once predicted.

I would take intrinsic value of gold which is a store of value or oil which is calories per hour to produce a Utility.
I would use bitcoin with Vin since the open border zealots and legal border zealots would steal the intrinsic value of metals or the paper store of value and go fishing with Vin and have a hell of good time avoided the red diaper cult and mic zealots.
When I bought, or sold the legal - commodity - with fiat it was taxed already since all governments are from the consent of the people they are
to serve.

Natural rights and Legal rights are two types of rights. Natural rights are those that are not dependent on the laws or customs
of any particular culture or government, and so are universal and inalienable.
Legal rights are those bestowed onto a person by a given legal system.

[aeden]

https://www.kitco.com/ind/Taylor/2014-0 ... ramid.html

back to the inflation - deflation rhetoric and the Utility definition.

what you want will be inflated
what you need will cost even more

Most of this money hasn't gone into capital spending and expansion to boost profits and revenue, Odey claims. Instead, companies have lavished borrowed money on stock buybacks.
"We [the economy] have long ago stopped allocating capital efficiently," he said. "A long time after savings have gone, credit will still be there, and it’s horrible."
With so many weak spots, one can't help but wonder whether this might really be the start of the "profound 25-year bear market" that Odey once predicted.

I would take intrinsic value of gold which is a store of value or oil which is calories per hour to produce a Utility.
I would use bitcoin with Vin since the open border zealots and legal border zealots would steal the intrinsic value of metals or the
paper store of value and go fishing with Vin and have a hell of good time avoided the red diaper cult and mic zealots.
When I bought, or sold the legal - commodity - with fiat it was taxed already since all governments are from the consent of the people they are
to serve.

Natural rights and Legal rights are two types of rights. Natural rights are those that are not dependent on the laws or customs
of any particular culture or government, and so are universal and inalienable.
Legal rights are those bestowed onto a person by a given legal system.

[Higgenbotham]

I sold 10 lots at 2989 near day end. It's run up 136 points off the morning low. This may be the end of the bear market rally or it may go higher, but I think the odds favor higher. I don't believe the market has dropped far enough or long enough to scare the public yet.

It can be seen vis a vis my results from last night that I gave up about 14 points adjusting to my final sell at 2989 on the way up as my real profit dropped by about that amount.

[Higgenbotham]

The S&P cash apparently closed at 2954. The futures ran about 38 points over the cash close after the cash close.

Here's some commentary on that:

Futures finish 1.2% higher

The rally that started in the final 15 minutes of trading continued into the after-hours and futures are up 1.2% on the day. That's nearly +5% from the intraday low.

Futures finish 1.2% higher

There is some chatter about an emergency Fed rate cut after the statement from Powell but it's tough to say if it's that, position squaring, month-end rebalancing or dip buying.

The FX market didn't make any big moves late, although USD/JPY finished 30 pips from the lows.

https://www.forexlive.com/news/!/us-sto ... e-20200228

I thought maybe the 35 extra points wasn't warranted, but we'll see on Sunday night.

[Higgenbotham]

Re having the most oversold market in history today.

Prior to the 16% drop, the market had the most extreme valuation ever. So having an extreme oversold on the back of the most extreme valuation shouldn't be any surprise. Just as valuation got more and more extreme, I suppose the oversold can get more and more extreme with periodic snapbacks.

[Higgenbotham]

[aeden]

the after market was overt and sold some contracts into it
no matter what flares up the timing will be essential as you indicated


https://www.youtube.com/watch?v=FblZicrTO1U as for the canuks

[Higgenbotham]

[Higgenbotham]

I have to admit that knowing market history has not been helpful this week.

[Higgenbotham]

no matter what flares up the timing will be essential as you indicated

Maybe the long-awaited collapse of the megaphone patterns is finally upon us. The theory would be that when the collapse off the E wave begins it is fast and straight down with overnight gaps that do not get filled. That seems to be what we have: the fastest collapse on record with hardly any relief. The best we may get is a backtest of the line above but it doesn't need to happen. As far as timing, the main proponent was too inaccurate in his timing to get anything out of it, and he's been quiet for months. The concept has a lot of value though if applied at the right time and this may be it.

https://www.technicalindicatorindex.com ... 010.20.pdf

Estimating the precise timing of the top off this huge size pattern can be difficult, and any estimate could be off by a few years, which is insignificant relative to the size of the pattern and the size of the coming decline, but important to know to get out of harm’s way before its too late, but not too soon as to miss the rising trend. But estimates aside, this pattern is nearly complete, so we must be alert at any moment.

https://www.deathcanary.com/