Profits! by Morris Hubbartt Super Force Signals A Leading Market Timing Service We Take Every Trade Ourselves! Email: [email protected] [email protected] Here are today’s videos and charts. The videos are viewable on mobile phones as well as computers. Double-click to enlarge the charts. SGS Key Charts, Signals, & Video Analysis Super Force Signals (SFS) is being
India’s currency is not yet fully convertible. However, there have been talks of making the rupee (INR) fully convertible and setting up an onshore INR market. (Not to be confused with the Nepalese rupee or the Pakistani rupee.) There are many advantages and disadvantages associated with rupee convertibility which have led to a continuous debate since reforms
Some of Credit Suisse’s largest shareholders will attempt to remove the board member in charge of risk oversight, in protest at twin scandals that have cost the bank and its clients billions and tarnished its reputation. Andreas Gottschling — a 53-year-old German who has served as chair of the risk committee since 2018, earning a
Europe’s largest banks are planning to slash business travel permanently by as much as half from pre-pandemic levels after the coronavirus crisis recedes, as many of the new ways of remote working developed during lockdown become the norm. Senior bankers are keen to learn from the lessons of the past year to cut costs and
COVID is receding, and markets are rising; those are the two trends that investors have most on their minds right now. It’s entirely sensible that they’ll go together. As the economy reopens, money will begin to circulate faster – and find its way in the equity market. With economic conditions improving, investors are on the lookout
by Jim Quinn “Fools, as it has long been said, are indeed separated, soon or eventually, from their money. So, alas, are those who, responding to a general mood of optimism, are captured by a sense of their own financial acumen. Thus it has been for centuries; thus in the long future it will also
Corrections in a bull phase are usually a bullish sign as they reduce the frothy excitement and allow stronger hands to enter the markets. However, the recent correction in Bitcoin (BTC) from its all-time high at $64,849.27 does not seem to have scared novice traders. Data from DappRadar shows that decentralized exchange volumes have picked
Proposed legislation would require that co-op and condo boards require a reason for rejecting apartment buyers, and real estate experts say that while well intentioned, it would not do much to prevent rejections that aren’t already considered discrimination under the law. Currently, building boards do not have to say why they’re turning down a prospective
Bitcoin prices have dropped below the $50k region during this week’s trading sessions sinking to a low of $47,555 on Friday. The popular creator of the stock-to-flow (S2F) bitcoin price model, Plan B has discussed the recent price dip and stressed that “nothing goes up in a straight line.” Plan B believes this price drop
Today’s column addresses questions about whether child benefits will be reduced if the record holder filed early for their own retirement benefit, whether investing in stocks and cryptocurrency count as earnings and whether collecting early divorced spousal benefits reduce later retirement benefits. Larry Kotlikoff is a Professor of Economics at Boston University and the founder
The Municipal Securities Rulemaking Board will keep its CUSIP rule as is, changing course from a previous decision to eliminate the requirement that municipal advisors apply for CUSIPs when advising on competitive deals. That was among the decisions made during the MSRB’s quarterly board meeting this week. The change of course is in respect to
Bloomberg Europe’s Most Indebted Countries Aren’t Ready for Market Reality (Bloomberg) — Europe’s brightening economic outlook as Covid-19 vaccinations pick up is also accelerating the timetable toward a new danger.As investors get ready for growth to break out, they’re also preparing for the inevitable consequence: withdrawal of European Central Bank emergency funding. For the region’s
Michael Oliver on Palisades Gold Radio Tom welcomes back Michael Oliver from Momentum Structural Analysis. Michael discusses how they use long-term monthly charts, and they plot it against a mean. These charts show momentum, and they provide a warning when the markets are about to change. Usually, the momentum tends to deviate near tops and
Your net worth is the amount by which your assets exceed your liabilities. In simple terms, net worth is the difference between what you own and what you owe. If your assets exceed your liabilities, you have a positive net worth. Conversely, if your liabilities are greater than your assets, you have a negative net
A sign is posted in front of the NVIDIA headquarters on May 10, 2018 in Santa Clara, California. Justin Sullivan/Getty Images With COVID-19 cases surging again around the world as well as growing concerns about the economic reopening, navigating the current financial landscape can be challenging. In this case, the key is to look for
Conventional economic thinking tells us that people go where the jobs are. In America, there is a long history of westward expansion in search of opportunity. In the UK, Margaret Thatcher’s employment secretary, Norman Tebbit, was fond of telling people about his father who, when unemployed, “got on his bike and looked for work, and
India is airlifting emergency oxygen tanks as it battles with a catastrophic second wave of Covid-19 infections that Prime Minister Narendra Modi on Sunday said “had shaken the nation”. New Delhi reported it had recorded a world record 349,000 new infections on Saturday, along with more than 2,700 deaths as the country’s second wave breaks
It lurks at the bottom of the to-do list — if it’s there at all. But ignoring the thorny question of taxes can cost a newly-independent advisor dearly, especially in those crucial early years. For advisors fleeing Wall Street banks to grubstake independent firms, making smart tax moves in addition to wrangling clients, a custodian,
The relatively new and trending market for NFTs, or non-fungible tokens, has captured the imagination of the financial trading community in 2021. These digital collectibles are selling at a high premium, but this begs the question: are NFTs a growth market with long-term potential, or an over-hyped disaster in the making? Before we attempt to
By Matthew Piepenburg Below, we consider two well-known names in modern markets, former Fed Chairman Alan Greenspan, and current value investing legend, Jeremy Grantham, co-founder of GMO Investment Strategies. Years ago, I sat down with Jeremy Grantham in an office overlooking Boston Harbor to not only consider an investment in his fund, but to absorb the
Momentum trading driven by retail investors seems to have taken on a new life since the onset of the global standstill occasioned by the ongoing coronavirus pandemic. Where celebrity challenges used to dominate viral trends on social media, issues relating to personal finance and investments seem to be as popular these days. This increasing interest
New York City rents continue to fall, according to a first-quarter report released today by StreetEasy. Manhattan rents fell to $2,700 a month, the cheapest since 2010 for the Zillow-owned listing site. By comparison, the median asking rent in Manhattan was more than $3,400 in the first quarter of 2020, before the start of the
On May 3, tokens stemming from the Chia network, a smart transaction blockchain created by the Bittorrent creator Bram Cohen, will start trading and transactions will be fully enabled. Rather than leveraging the proof-of-work consensus algorithm, Chia will utilize a model called proof-of-space which relies on storage. With Chia’s transactional launch pending, the project has
This year and perhaps next could turn out to be the best time in a long time to convert a traditional IRA into a Roth IRA. That’s primarily because of a widespread belief that increases in income and estate taxes are likely to be enacted in the next year or two. Also, Stealth Taxes, such
Experts say the District of Columbia’s already strongly positive bond credit ratings would continue if it becomes the nation’s 51st state. The District’s general obligation bond ratings last year were AA-plus from Fitch Ratings; Aaa from Moody’s Investors Service; and AA-plus from S&P Global Ratings. “DC’s bond rating is higher than that of 32 states,”
Bloomberg Europe’s Most Indebted Countries Aren’t Ready for Market Reality (Bloomberg) — Europe’s brightening economic outlook as Covid-19 vaccinations pick up is also accelerating the timetable toward a new danger.As investors get ready for growth to break out, they’re also preparing for the inevitable consequence: withdrawal of European Central Bank emergency funding. For the region’s
All these indicators, sky high premiums on silver coins and bars, demand forecasted to keep rising, and a rapidly falling gold silver ratio, are… by Peter Krauth via Streetwise Reports Spot silver is trading around $26 per ounce…but you can’t buy any at that price. Instead, you’ll have to pay almost 50% more. That’s right.
The Chartcraft Investors Intelligence Index is a common and widely accepted means of ascertaining the balance of power between the bulls and bears. In actuality, the Investors Intelligence sentiment index may refer to one of several possible sentiment indicators, including an advisor sentiment review and an insider activity review. These individual indexes are grouped according
On days when news of the pandemic is especially bleak, I sometimes think of Rod Ponton. He is the Texas lawyer who logged into an online court hearing in February, only to make the appalling discovery that a Zoom setting on his computer had somehow turned him into a deeply confused-looking cat. Months later, that
Companies and wealthy individuals in China have sharply increased their use of private jets this year, with total flights almost doubling compared to pre-pandemic levels as the country’s economic recovery prompts a shift in business travel. Domestic use of jets either hired privately or flown exclusively for their owners are up 87 per cent this