Another bad day for markets but the bull is not dead yet
Allison Ostrander wraps up our interviews for today with a focus on the US markets and level she is watching to remain bullish. Even though the last two trading days have given up over 6% for the broad averages there are some near terms levels to watch that would hold markets in the longer term uptrends.
Click here to visit the Simpler Trading website and follow along with what Allsion is trading.
Waste ……….Where is the $21 Trillion…. gone missing from the pentagon……
https://www.zerohedge.com/markets/americas-newest-most-powerful-submarine-has-stealth-problem
This is not a Trump only problem……..it has been going on for generations…….
The Trump administration has plowed nearly $2 trillion into the military, and the Navy still can’t figure out a reliable stealth skin for its most advanced nuclear-powered submarines.
At some point, all this unproductive war spending will bankrupt America. The latest evidence above shows the amount of waste the administration is spending on the military for machines that fall apart in the first deployment.
Greg Mannarino……has another take on the stock market……a crack just happened…
in short term rates….Bubble is about to pop……middle class better hang on…..become your own central banker. You can catch the report at youtube….
I did not get paid for this announcement…… 🙂
Yes, but you approved it! LOL! DT
Ha, Ha………Ok…….so I did…….LOL 🙂
THIS SHOULD BE INTERESTING>>>>>>>>>>>>TRUMP TO HAVE SPECIAL CALL>>>>>
https://www.zerohedge.com/political/trump-hold-news-conference-6pmet-dispel-medias-fake-news-panicking-over-virus-outbreak
Germans gone stupid…….have not learned a thing…..
https://www.zerohedge.com/geopolitical/futures-spike-after-germany-yanks-debt-break-berlin-temporarily-suspend-limit-public
According to reports, the Germans are stepping up to suspend Berlin’s longstanding constitutional “debt break” and deliver the fiscal stimulus for which economists have been begging.
To try and prevent a full-blown recession as economists downgrade their projections for European economic performance, the German government is planning to temporarily suspend constitutional limits on public borrowing in order to offer debt relied to struggling municipalities.
https://www.zerohedge.com/news/2020-02-26/silver-pandemic-will-it-protect-your-wealth
Silver is not guaranteed to protect one’s wealth during a pandemic, as history has highlighted mixed results. It may provide trading opportunities.
A weakening home currency in countries that are negatively impacted by the pandemic could see silver prices rise in their home currency.
Slowing industrial demand will push demand for silver down, though if mines have to shut because towns that support mines could be impacted by the virus, then this will create shortages for silver. Still too early days to see what will happen. Slowing industrial demand seems more likely with PMIs continue to crash even before they took into account the impact of the virus. Shortages are a more wait and see.
Gold may be a better place to protect one’s wealth during a pandemic.
US Dollar? Possibly – The US Dollar rose as the tech cycle ended in 2000, which looks increasingly likely the tech cycle is ending in 2020 with Apple’s recent warning on shipments and temporarily shutting down stores.
Bitcoin? Possible
Hummmm……….Trump on the wrong side on this one………jmo
https://www.zerohedge.com/political/ron-paul-trumps-betrayal-julian-assange
“Q”…….have any comments on this one……5 D chess….I guess……..lol
Loving liberals agenda at work…AKA globalists using their institutional power to destroy America….Just as the medical cartel works because they are all related, anti-human anti-sovereign America agendas…..
https://www.thegatewaypundit.com/2020/02/just-like-her-corrupt-brother-rod-rosenstein-the-cdcs-dr-nancy-messonnier-drops-a-bomb-on-president-trump-while-on-international-trip/
Dang………..read the bottom …………..freaking swamp is full ………..
Now we know why the CDC was fear-mongering – Dr. Nancy’s brother is Rod Rosenstein. What a sick family and horrible people.
……The Family TREE and the ROOT OF EVIL……
Funny how San Fran is in trouble with the Virus…….Like Pelosi and Schifty did not have something to do with the timing…………HUMMMMMMMMMMMMMMM.
Buoottycheeks was really all excited at times during last evenings matter debating event by the demi-crater party…..Very reassuring to give the country over to the Sodomite/Proctology interest groups…lol…this message is approved by AMA/FDA/CDC….
The lost sheeple are so stupid , it is unbelievable…….
OOTB……I am still chuckling at my own comment over head…lol……sad but true…..I just re-read it and am laughing…..I feel like it is high school Spanish class and killing some more time writing worthless chit…lol
One way to keep your sanity……..just laugh it off…….. 🙂
LIVE PRICE OF Rhodium…………………… $12,600…………HELLO
kitco…..not showing the price……..crappy site….
GSV trading heavy volume near 52 week low
Nasty…….five yr chart……..if, I am looking at the right one…..
Matthew, will have to give the ok on this one….. 🙂
A weekly close above .95 would be very nice and any close below .85 would not be nice:
https://stockcharts.com/h-sc/ui?s=GSV.TO&p=W&yr=8&mn=0&dy=0&id=p54453424723&a=682625070
You can see the next supports around the .60 area.
Big AL had better get the heck out of Washington state where the lunatic Democrats are about to make it a misdemeanor, instead of a felony, for someone with AIDS to knowingly give it to another person. And as misdemeanors are not prosecuted in western Washington, these evil monsters will go scot free. And we can rest assured that the corrupt World health Organization spends more on 1st class hotels and airfare than on fighting disease, and its prime goal is to spread socialized medicine around the world. And Chelsea Clinton is a professor at the Columbia School of Public Health! God help us.