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Greedflation And Debtflation Are Nonsense

Greedflation And Debtflation Are Nonsense

Popular discussions of inflation and the economy have produced more heat than light, if not heat and darkness. President Biden has made multiple remarks on his record, which taken singly are each incorrect. Taken together, Biden’s remarks on Bidenomics are incoherent.Biden claims that his main fiscal stimulus policy, the American Recovery Plan delivered record reductions in unemployment […]
Finally A Down Day – Sentiment Back To Greedy

Finally A Down Day – Sentiment Back To Greedy

The stock market finally had a down day, albeit a small one where the damage was seen in the mid and small caps. The media can stop with the nonsense about how many up days in a row the S&P 500 has seen. The bottom line is that momentum has been strong and some thrusts […]
Bitcoin mining firm Bitfarms acquires Stronghold for $125 million in stock deal

Bitcoin mining firm Bitfarms acquires Stronghold for $125 million in stock deal

Key Takeaways Bitfarms agrees to acquire Stronghold for $125 million in stock amid Riot’s takeover attempt. The acquisition aims to boost Bitfarms’ mining capacity through Stronghold’s power generation assets. Share this article Bitcoin (BTC) mining firm Bitfarms Ltd. has agreed to acquire Stronghold Digital Mining Inc. for approximately $125 million in stock, as reported by […]
Unlocking ASX Trading Success: V300AEQ ETF Units – Wednesday, Aug. 21

Unlocking ASX Trading Success: V300AEQ ETF Units – Wednesday, Aug. 21

ASX: V300AEQ ETF UNITS – VAS  Elliott Elliott Wave Technical Analysis TradingLounge (1D Chart)Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with V300AEQ ETF UNITS – VAS. We see VAS could start pushing higher with a 3-grey wave.ASX: V300AEQ ETF UNITS – VAS  Elliott Wave Technical Analysis  ASX: V300AEQ ETF UNITS – VAS  1D Chart (Semilog Scale) AnalysisFunction: Major trend (Minor degree, grey)  Mode: Motive  Structure: Impulse  Position: Wave ((i))-navy of Wave 3-grey  Details: Wave 3-grey is unfolding to push higher, it is subdividing into wave ((i))-navy, basically it may push up a bit later, and may end soon, then wave ((ii))-navy will push lower.  Invalidation point: 94.13ASX: V300AEQ ETF UNITS – VAS   Elliott Wave Technical Analysis TradingLounge (4-Hour Chart)ASX: V300AEQ ETF UNITS – VAS  Elliott Wave Technical Analysis ASX: V300AEQ ETF UNITS – VAS  4-Hour Chart AnalysisFunction: Major trend (Minute degree, navy)  Mode: Motive  Structure: Impulse  Position: Wave (iii)-orange of Wave ((i))-navy   Details: Since the low at 94.13, the ((i))-navy wave is unfolding, basically it is subdividing into (i),(ii),(iii),(iv),(v)-orange waves, it can continue to push a little higher to complete the role of the ((i))-navy wave. Then the ((ii))-navy wave will unfold to push lower, and finally, […]
Gold Analysis: Should You Sell Now?

Gold Analysis: Should You Sell Now?

Gold prices soared to a new all-time high of over $2530 per ounce on Tuesday, bolstered by bets on less restrictive monetary policy from major central banks amid ongoing geopolitical concerns. Simultaneously, signs of continued deflation in the United States, evident in the slower-than-expected deceleration of both headline and core price indices in July, have […]
Cheap Supermicro Stock Could Enter Beast Mode Soon

Cheap Supermicro Stock Could Enter Beast Mode Soon

Super Micro Computer (SMIC), popularly known as Supermicro, has transitioned from one of the most beloved companies this year to a fallen angel. After peaking at $1,227 in May, the stock has crashed by over 50% to $607 as concerns about its growth and valuation continued. Supermicro’s cooling growthSuper Micro Computer has been one of the […]
Extreme Over-Valuations Suggest Years Of Negative Returns

Extreme Over-Valuations Suggest Years Of Negative Returns

At 35x the average of the past decade’s earnings, adjusted for inflation, the S&P 500 basket of stocks is the third most expensive since 1871 (CAPE, in blue below, versus long-term interest rates in red, courtesy of Shillerdata.com). It is pricier than at the 1929 secular peak and more than twice the long-term median of 16x […]
Natural Gas Forecast: Struggles Near 200-Day EMA Ceiling

Natural Gas Forecast: Struggles Near 200-Day EMA Ceiling

The natural gas market initially trying to rally during the early hours on Tuesday but continues to struggle with the idea of the 200 day EMA offering a bit of a ceiling. We’ve seen this happen a couple of times here recently, and it suggests to me that the market is not quite ready to […]
5 things to expect from US jobs report data: numbers, warnings, and reactions

5 things to expect from US jobs report data: numbers, warnings, and reactions

Key Takeaways Goldman Sachs warns the upcoming BLS job report might exaggerate economic downturns. The report’s revision could show a monthly job growth decrease, potentially misleading stakeholders. Share this article The upcoming US jobs data may present a somewhat misleading picture, analysts from several financial firms warn. Financial markets, including crypto, brace for potential volatility […]
US500 Daily Trade Plan – Wednesday, August 21

US500 Daily Trade Plan – Wednesday, August 21

In this update we review the recent price action in the emini SP500 futures contract and identify a trade plan and trade levels for the session ahead.Video Length: 00:05:20More By This Author:Daily Market Outlook – Wednesday, Aug. 21FTSE Energy And Miners Weigh, Breaking The Winning StreakUS500 Daily Trade Plan – Tuesday, August 20