Loading ...Any reduction in the continuous beatings would be welcome!
Door to Door Vaccine Man
Never made it through his first shift.
Ipso 21:08
It’s possible just watch that chart and see if it holds when it hits support. We don’t know where it’s going long yet with this mixed messaging but silver despite being down today and may not be done yet has picked up a little momentum for a future bounce.
Sng 1:28 7/4
That was pretty interesting and the rumors and comments out there like about booster shots and what she found. Her comment on how they could demand one every six months or even more often I hope would wake up the masses if they tried to pull that one. How can you claim emergency use on a untested vaccine in the wake of so many serious adverse effects and say it needs to be given on a regular basis for a certain amount of months or the rest of your life and still calm it emergency use free from accountability.
It’s good she had the forms on her site.
With her financial history I’d be more interested to hear her opinion on the economy. She might have them out there I’ll just have to look for them.
Buygold
The dollar didn’t rally today it sold off but not by much. Something like 92.57 to 92:51 or .41 or something It’s been on a run though.
Yeah if down starts to sell off people could run to the dollar. Check the volume of both.
Goldie
Maybe I misunderstood, the USD is rallying today as are bonds with rates down. None of it makes sense to me, although I guess if stocks go down I suppose that money goes into the dollar via money market funds.
That being said, gold and silver should be rising, especially silver with oil on the way up.
These shistick banks continue to keep money from coming into our little sector. Disgusting.
Re Economics And This Cheaper Is Most Important Fetish We Have Endured
Todays Newsday page a13 a Ford Explorer was rear ended by a drunk. As soon as I saw that photo? I thought, holy shit, it must be unibody construction? They were always body on frame. The cops were not in the car. And Media said hit so hard the frame got bent. I Googled it, in 2011 Explorer started cheap unibody.
Re Ralph Nader and his bashing American cars decades ago, the people need to know, unibody (a sheet metal enclosure like aircraft) will collapse on impact and often the doors jam and you can’t get out.
Recently near by an imported car got rear ended, went up in flames, only the wife got out. husband and two kids got burned up. That’s another thing, fires are very often with these gas saving imports. Also I’ve often seen them upside down or on their sides and Media says nothing.
https://www.newsday.com/long-island/nassau/nassau-police-crash-dwi-1.50297846
Aguilla
I don’t know except things that are more liquid including silver also used in manufacturing but it can tend to follow gold if it turns to a bull market.
I haven’t checked everything since I’m basically not in equities except one stock that’s “ supposed “ to go higher up with indicators pointing to a sell off or at least sideways move I’m confused myself lol Although I know if a impending sell off coming I could be a day too late. Haven’t checked but could be global and looks like China is making some changes in trading.
This came out this afternoon
How can they say inflation is easing.
News Article
U.S. Stocks Move Lower After Record Close; The S&P 500 index slips after its seventh record closing high Friday
12:41pm ET 7/6/2021 Editor’s Picks
By Will Horner and Alexander Osipovich
Major U.S. stock indexes fell Tuesday, retreating from record highs hit last week.closed at a record highThe S&P fell 0.6%, signaling a potential halt to its recent winning streak. On Friday, the broad-based index closed at a record high for the seventh consecutive trading session, its longest record-setting streak since 1997. The Dow Jones Industrial Average slid 328 points, or 0.9%, while the technology-heavy Nasdaq Composite declined 0.2%. U.S. markets were closed Monday for the Independence Day holiday.exacerbate volatilityThere wasn’t a clear catalyst for Tuesday’s drop, which came during light summer trading volumes. Thin trading activity can exacerbate volatility, as many investors are on the sidelines.the labor market recoveringU.S. stock indexes had ground higher in recent weeks, lifted by signs of the economy rebounding and more fiscal stimulusthe labor market recovering. Inflation concerns have also eased, and major central banks have signaled that they will leave accommodative monetary policies in place for now. Investors say they are now looking for fresh catalysts, such as strong corporate earnings reports or more fiscal stimulus, to power the next leg of the rally in stocks.’It just may be time for a little bit of a breather or a pause in the pace of equity market returns,’ said Chris Dyer, director of global equities at Eaton Vance. ‘A lot of the good news is priced in and I think that makes it a little bit more tricky for the equity markets to grind higher in the short term.’New data released Tuesday showed that growth in the U.S. services sector eased in June compared with the previous month, as demand slowed and firms struggled to find candidates to fill open positions. The Institute for Supply Management’s purchasing managers index for the services sector fell to 60.1 last month from the 64.0 record high registered in May. While that still reflects a high pace of growth, it fell short of economists’ forecasts that the PMI would come in at 63.3.A separate ISM index tracking services-sector employment activity fell to 49.3 from 55.3, entering contraction territory after five months of growth.One possible factor for the market’s hesitation
is the rise of the Delta variant of Covid-19, said Jason Pride, chief investment officer for private wealth at Glenmede. While the variant is unlikely to provoke full-scale lockdowns, it could lead to renewed mask mandates and slow the recovery, he said.’It has a dragging economic effect when you put in those kinds of policies,’ Mr. Pride said.Investors are also keeping a close eye on the Federal Reserve, which on Wednesday is set to release minutes from last month’s rate-setting meeting. The minutes could give insight into how soon the U.S. central bank might begin to taper its asset purchases or raise interest rates. Easy-money policy from the Fed has helped underpin the stock market’s rally in recent months.The yield on the 10-year U.S. Treasury note fell to 1.382%, from 1.434% on Friday. Bond yields and prices move in opposite directions.In company news, shares in Didi Global slumped 21% after China announced a cybersecurity probe of the ride-hailing company just days after it went public. Other large U.S.-listed Chinese companies also fell, with American depositary receipts for Baidu, Pinduoduo and Bilibili all declining at least 4%.Two other U.S.-listed Chinese companies, Full Truck Alliance and Kanzhun, also retreated after China said it had begun a similar data-security investigation into their apps. Full Truck Alliance tumbled about 17% while Kanzhun fell 15%.Oil prices retreated from recent highs, amid questions over whether production will keep up with rebounding energy demand. Futures on West Texas Intermediate, the benchmark for U.S. crude, declined 2.1% from Friday to $73.59 a barrel. Earlier in the session, WTI futures rose 2.4% to their highest intraday level since the energy-price crash of late 2014.Futures on Brent crude, the benchmark in global energy markets, fell 3.1% to $74.77 a barrel. Brent rallied Monday when members of the Organization of the Petroleum Exporting Countries and their allies called off a meeting after failing to reach an agreement on raising output.’Market participants interpreted the â??no deal’ to mean no further barrels entering the market in August,’ said Giovanni Staunovo, a commodity analyst at UBS Wealth Management in a note. ‘The oil market is already tight, and with no further OPEC+ supply imminent, it is likely to tighten further.’Gold futures climbed 1% to $1,800.90 a troy ounce, their highest level in three weeks.Overseas, the Stoxx Europe 600 fell 0.5%.Asian markets were mixed. Japan’s Nikkei 225 edged up 0.2%, while Hong Kong’s Hang Seng Index slipped 0.3%. In mainland China, the Shanghai Composite Index weakened 0.1%.William.Horner@wsj.comWrite to Will Horner at alexander.osipovich@dowjones.comWilliam.Horner@wsj.com and Alexander Osipovich at alexander.osipovich@dowjones.com
Mr Copper
Speaking of which. So does it start. A stock market war next?
Funny and ironic on how some of these tech companies compliant with destroying this country and it’s constitution is their only safe haven.
BABA
BZ
DIDI
GS
JPM
LKNCY
MS
NDAQ
YMM
By Keith Zhai in Singapore and Jing Yang in Hong Kong
Wall Street has long been a bridge between China’s economic miracle and the U.S. Blockbuster listings of firms like Alibaba Group Holding Ltd. in New York emphasized China’s rising economic clout while letting American investors profit from their growth.Now, China is proposing tougher rules to restrict such listings, highlighting the diverging visions in Beijing and Washington of the future of technology, data protection and security.With a widening gulf of distrust on a range of issues, both Chinese and American companies could get caught in the middle.China said Tuesday it will tighten rules for companies seeking to sell shares abroad and strengthen oversight of overseas-listed companies, moves that could hinder attempts by homegrown firms to raise money in the U.S.recently listed in the U.S.The shift comes as Chinese regulators intensify scrutiny into technology companies, including Didi Global Inc., that recently listed in the U.S.delay its initial public offeringTurmoil around Didi foreshadowed the
latest move. The ride-hailing giant has faced a series of regulatory actions at home since its New York stock debut last week. According to people familiar with the matter, Chinese officials suggested it delay its initial public offering, partly amid concerns that the U.S. government could use audit documents U.S.-listed companies have to file to gain access to companies’ data on Chinese citizens.launched data-security reviewsIn recent days, a unit of China’s cybersecurity regulator also said it launched data-security reviews into popular mobile apps operated by Full Truck Alliance Co. and Kanzhun Ltd., which raised close to $7 billion in total from U.S. IPOs in June.The measures could have far-reaching implications for a raft of China’s tech giants that are planning IPOs offshore, and for the global investment firms that hold stakes in them. Many investors bought into fast-growing Chinese startups expecting to cash out after the companies list on global exchanges.In the U.S., IPO bankers scrambled over the holiday weekend and into Tuesday to understand the directives coming out of China, according to people familiar with the matter. Some fielded calls from furious fund managers who had purchased shares of Didi in its IPO last week, only to watch the company lose a huge chunk of its valueâ??as of midday Tuesday, Didi’s stock was 12% below its IPO price. A big question on those investors’ minds: Who knew what, when? Didi has said it wasn’t aware of Chinese regulators’ plans to put it under cybersecurity review and ban new downloads of its app ahead of its IPO.Goldman Sachs Group Inc., Morgan Stanley and JPMorgan Chase & Co. were the main underwriters on Didi’s offering. All three firms declined to comment.Also top of mind for IPO bankers and investors who own U.S.-listed shares of Chinese companies is whether the new guidelines out of China are only about data, or if they represent a sea change from the country that could lead to companies pulling potential U.S. listings. the Chinese IPO pipelineEither way, a freeze of the Chinese IPO pipeline seems to be the current state of play: Bankers say any Chinese company that was planning a U.S.-listed IPO in the coming months is likely being shelved for now. Both Beijing and Washington have long seen economic engagement as the cornerstone of the two countries’ ties. But the relationship has become so unpredictable over the years that even the drive to make money in each other’s markets no longer works as a unifier.In Chinese President Xi Jinping’s vision, Chinese entrepreneurs should put their nation ahead of business interests as the two countries compete for …
goes on and on
Mr Copper
Well the USD sold off today.
Maybe the lackluster of those stocks might wear off a bit after Covid they’re trying to drag out except maybe Amazon less people tightened up their wallets. Who knows if that might come a bit anyways with moratoriums on rent wearing out and unemployment as well. But they’ll have to look for somewhere else to go first. I haven checked them. My one little equity is up now over 40 percent and my couple of PMs I left behind are in the red after I sold the others in the green and basically got out pretty much except phyz. Fir now anyways. I heard Telsa CEO offered to buy FB so he could delete it lol
@goldilocks
Right, maybe we should hold our nose and buy some of them?? I got your 14:38 thanks for the comeback.
re your part: “08 came and their Ponzi scheme imploded when banks stopped lending in attempt to keep the economy going with debt only to crash the whole economy and take more than half the country with them as people not even part of it we’re affected losing jobs or couldn’t sell their homes if needed.”
I didn’t understand that. I figured the home buyers with sub prime loans stopped paying off loans. And the sub prime bonds rated AAA got found out. The status quo people are still “getting away” with some things, but lost “getting away” with many other things.
The next big “news event” will come like they always do. And eventually they won’t be “getting away” with anything anymore.
Mr Copper
AMZN AAPL GOOG MSFT FB are doing fine.
Of course with current administration in office where else are they gonna go.
Dow Down 389 points, Whats The Story? Dragging Us Down In Sympathy?
All kinds of weird stuff going on. The Bonds are in uptrends and spiking up even today. Up means falling rates. The 10 year rate down to 1.36% today??? It peaked March 30 at 1.70%.
Bonds: https://finviz.com/futures_charts.ashx?t=BONDS&p=d1
And the Dip/Stick/Dollar is making a 3 month high at 92 from 89 in early June.
https://finviz.com/futures_charts.ashx?t=CURRENCIES&p=d1
Oil and gasoline taking a hit today but have been on a good runs. Even the steel miners started down a month ago with Gold. I think the markets are dazed and confused. Too many double messages.
AMZN AAPL GOOG MSFT FB are doing fine.
Buygold
Come to think of it, if there is a impending sell off of equities dollar may go up BUT if so will it drive the PMs lower with it. But hey the equities have the Fed to bail them out.
Maddog 12:01
Not verified yet but looks like Dow gonna be feeling it pretty soon. If I had extra cash in I’d be getting ready to go short. I need to get a stop loss ready for one equity just in case.
Hey Maddog
Look at this shit. The 10 yr. is down to 1.36% but the USD is screaming higher. Please explain that to me?!
Silver is getting crushed. The shares look like garbage.
The only thing that matters in the financial world not going higher is pm’s . Their fear is palpable….
Ipso 11:42
Strange that the charts showed a narrow chance of a small bounce for gold few days ago but not silver. Hopefully it will set up a bullish pattern fit another move but who knows. Strange with indu is mixed. Candlesticks kinda bullish but indicators show a impending downward pressure.
here we go sub $ 1800
now they just have to get AG < $ 26.00
This is hell on earth.
A ZH reader opines:
It seems odd to me how more people can’t see the dumpster fire that’s coming. I can even tolerate posts that equate to an entire thesis on the glory of crypos; fine by me. At least these people are thinking ahead. What I can’t follow is the level of completely uninformed people on this issue. I actually had a coworker come into my office the other day with his SSI statement of benefits. He was so thrilled at how much money he had paid into his account over the last 30+ years, as though he’ll ever see a dime of it. And even if he did, what is that small monthly stipend going to buy him five years from now? A loaf of bread and a gallon of milk?