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STILL N OF PIKE

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  1. https://www.marketwatch.com/investing/bond/tmubmusd10y?countrycode=bx&mod=home-page Futures from green to red on ...rising 10 year
  2. Powell in his testimony Did NOT directly address the current elephant in the room regarding recent stock market Instability . I.E rising bond yields on 10 year He did not say anything to the effect of we will watch that That it doesn’t run too much Bc that will hamper recovery efforts in so much as the rising 10 year is tied to borrowing rates for businesses and consumers . He is a very intelligent guy so that tells me he is willing to let more “Froth” come out of the market . I.E further stock falls Until he addresses directly capping 10 year yields which could be as quick as a random sound bite I would treat any bounce as temporary He didn’t even talk the 10 year yield down during his testimony, this levered market can get away from the fed fast and he would then step in , this is a not a system on firm footing . That being said if he comments they will use tools to keep 10 year yield accommodative ...we make new all time highs within a few days Edit. There is not a ton of middle ground in the market...the one thing he did take off the table was tapering ...which to anyone w a idea of what is supporting this market ..is just saying i won't shoot the patient in the head. If the 10 year can fall below 1.30 we can see a rip higher in stocks...Powell didn't say what he could have to do this ..so it's sort of annoying and a wait and see
  3. As I posted Sunday nite . This sell off is about 10 year yield rising . Rising yield is a knife cutting extreme extended historic valuations that are found everywhere in this marker . It also erodes T.I.N.A (there is not another ) option to put you money than stocks . Jay Powell has a chance today at 10am to calm markets ! and I believe he understands the systematic importance of simply saying they are watching the yield on 10 year and they are going to extend the current fed bond buying (yes we buy our “own debt in massive numbers” ) maturities out further on the Yield curve . I.E we will buy/ cap the yield on 10 year because we have said over and over the 10 year remaining accommodative is imperative for economic recovery as it relates to interest rates to businesses and consumers . He has stated also they are committed to the recovery . If he can’t do this stocks have a long way down And things may get ugly fast given the leverage in this marker and the Pavlovian response of buying the dip that has made folks huge money this year if he is successful , we make new highs And we kick the can AND anyone going long this am makes money Lithium miners and rare earth mineral miners have help up well . The lithium , nickel and graphite miners are the safest and best plays in EV explosion , the manufacturers are a crap show of over valuations and too many are entering market and all promising gigantic growth . Wouldn’t touch them
  4. The best refinancing rates are G O N E as the yield on the 10 year bond rises quickly . That rate is tied to many borrowing costs and likely if you take a looksie at average mortgage rate its gone up considerable since early January... This is chart of 10 year (click drop down menu to adjust from 1 day to about 6 months) https://www.marketwatch.com/investing/bond/tmubmusd10y?countrycode=bx&mod=home-page Also in the U.K the move is even faster (click dropdown to 6 month chart) that pace is a issue. https://www.marketwatch.com/investing/bond/tmbmkgb-10y?countrycode=bx .Generally that is not a good thing for stock markets...as rising rates start to hurt the appeal of Record valuations (everywhere) AND it also as it starts to give investors another option as bond's are beginning to yield a bit more interest but not much more than inflation. The Federal reserve is buying Gov't debt hand over fist but most of the maturities it's buying is on the very short end (3 month, etc) ...what they can do is increase or at least "talk about increasing the maturity dates they are willing to buy " to keep that 10 year rate down (and especially the SPEED of the rise) because lowering the 10 year would continue to support the housing market, low borrowing costs for business and consumer loans. (many tied to 10 year bond yield (interest rate) The stock market has formed a bit of a bearish head and shoulders pattern in the short term and as we have been moving within a bullish upward channel since early November ..we could easily see a 4-5 % fall and test the bottom rail of that upward channel if Bond Yield don't take a pause and that would stun a lot of retail investors . Rates are rising because the Fed is saying they are wanting inflation to "run hot" ...and Gov't spending is forecast to grow quickly ....and by that measure GDP growth as well (as Gov't spending directly effects GDP).
  5. Musk, just bought 1.5 Billion. I wouldn't sell Bitcoin at all. The key with bitcoin is the Supply is very limited, if Large Institutions decide to allocate even 2% of their funds into Crypto (like Kathy wood-top money manager of 2020 is) then this literally goes to the moon, and is likely the reason it is already heading there. Steady accumulation buy Huge institutions just grinds this higher . The top for Bitcoin is so far up it's hard to see. 200,000 is very doable as institutions with billions invested begin to allocate Cyrpto in small amounts, as opposed to having never had any.
  6. snowing in nashua with some moderate snow near 128 Burlington. What is this feature
  7. We don’t jack but we stack outside enjoying the last of this band in Nashua
  8. good call Have been 100% away from weather last couple hours and wow, nice event right now
  9. Sounds like Close the shades on the last week of Feb? , let the snow melt (next week ) and see if we are allowed to enjoy ourselves outside In 2 weeks
  10. This IS a important story for 2021 and more data is coming in daily . Total cases are falling in every country including *S Africa so it would appear to me the daily numbers show the current vaccines offer protection even at reduced antibody levels . https://www.nbcnews.com/news/us-news/pfizer-says-south-african-variant-could-significantly-reduce-vaccine-protection-n1258198
  11. Market doesn’t look lovely right now with dollar spiking . Crypto’s May sell off nicely here . When SP 500 loses 3915, we go to 3870 and see if that holds . Wound be very impressed if market finishes green today
  12. Says the guy who may JP from this (In E ma) . Nice ocean enhancement/ ocean effect signal from N shore to ESP south shore SW / S CT looks good For part 1 as the High pressure eats away approaching snow shield tomorrow morning , Thursday am NYC Radar will probably appear Healthy /like we will be getting crushed in a few hours only To see the shield not make much progress running into the High pressure on “part 1” Its looking to me like a south of Pike system w maybe Cape Ann Beverly to Getting a boost but on part 2 , could be quite a cut off away from there
  13. Looking at the markets and The Dollar ..looks like it’s trying to stage a Few day rally , It’s right on the cusp today and tonite .. potentially putting the breaks on this most recent leg of the SP 500 rise. We should know by Thursday (at latest ) . If the FED CAN talk the dollar down tomorrow or it just falls then the market rally should extend , but given How quickly the market and especially Speculative stocks Could unwind their gains from this level ..its definitely worth keeping an eye on SP 500 needs to hold 3915, below that 3875 and that can happen in a flash
  14. 5%,8%,10% 2%, 40%, 10% -2, 25%, 2% 1.5% -1% is how all those played out today A significant storyline ..follow me With investors looking and scavenging for alpha returns (they can’t stop, they are feening) months into this small cap speculative frenzy (like a crazed man on his fifth day of a yard sale ..Still trying to find deals ) A new catalyst is getting more play w news that China is openly wondering how much disruption they could cause in US defense contractors by limiting supply or rare earth materials exported to USA . China nearly has a monopoly on these minerals at least as far as how developed (far along they are with their companies extracting these minerals /metals ) . Keep in mind US clean energy has a very high demand for these minerals for electric vehicles , solar technology , aerospace And our demand is skyrocketing, so the China story is a potential major disruptor to our supply . Couple Open fed policy of trying to create inflation (which will show in commodities.. which will lower break even costs for mining ) and we have a very LUCRATIVE set up for DOMESTIC miners of rare earth miners as well as lithium , graphene , manganese , Copper, nickel and uranium . Look at the micro caps to small caps in this area . They are simply skyrocketing . Any company who has leading innovation to make the process more efficient, or superior grade minerals won’t hurt I will leave a list of Domestic tickers in this field but the pedal is being put to the medal for US to pull minerals out of the US , we can also combine that with Australian miners as well as some South American plays as well . These plays have already been very hot for the last 6 weeks but it seems the junior minors in this area are being targeted for widespread buying in massive volume Nickel CNIKF Manganese AMZYF Lithium LIACF, NTTHF, GIKLF, LLKKF Rare earths DFMTF , MP, LYSCF, (penny plays BMIX & GWMGF)
  15. I imagine it could be frustrating but IT IS an error , so you won't be paying it back. They can see this clearly , it's just they are so overwhelmed it will take a while for them to clear it up. Has happened to many folks. You will be fine. I mean ...if you want to you could make a nice donation to the state but if it was legit there is really nada to worry about it. There is about 1 Million glitches in the Unemployment system as it's massively overwhelmed And as far as any theoretical line to pay back umemployment there is about 2-3 million folks who would be ahead of her that actually are just collecting fraudulently (because it's incredibly easy with no double checking , esp as a gig worker) but to prove this would be very hard...( how can you prove someone doesn't work for themselves part time...especially when they have people who will vouch that yes joe blow painted his house...fixed his faucet....insert any gig work that is incredibly hard to disprove) . Folks who did that last year got 600 extra a week , even if they were only making 150 per week as "gig worker". Your wife collected legally and they will 100% clear this up for you, it's just they are so overwhelmed the process to correct it is going to take a long time.
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