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Adens latest had Silver outrunning Gold big time,…if it took out 16.30, then 19/20 is next…take them out stand back.
Buygold
” EXK could be profitable”
I’m glad to be alive to see it! 🙂
R640
Re yr confused Trin man..
No idea….sounds as if he has too many indicators, operating on too many indicators, which is an easy trap to fall into now we have computers, that will pretty much do anything.
I don’t know anything about Trin…but as an aside I bet Russells PTI has Trin in it, or some breadth indicator and that ain’t doing anything odd….it still says all is bullish.
The way I see the SM now is the fundamentals are worse than anyone could imagine, in a mkt that was living on borrowed time, over a swamp of unpayable debt and no way has the mkt falen to reflect any of that…but if the CB’s print enough, they can have a Zimbabwe mkt….a runaway bull.
Well shux folks
Spot silver up over 4% coming out of nowhere? What did we miss?
Few more days like this and even the likes of EXK could be profitable.
Big Hit
Sandstorm Gold Royalties Provides Asset Update, Reports 85.3 Metres of 84.3 g/t Gold and 6.8% Copper at Hod Maden Main Zone
https://finance.yahoo.com/news/sandstorm-gold-royalties-provides-asset-212800356.html
Silver has some mojo – above $16
We’ll see if holds, but nice to wake up and see.
SM doesn’t look so great, but pm shares look OK.
Will it last?
Nevada quake 6.4
I felt a quake here, shaking back and forth but couldn’t find anything on it, Then half hour later it popped up 6.4 quake in next state over Nevada. No news on it yet.
The economy will NOT come back no matter what the BS propaganda will be. The structural damage is really profound.
The Dow into the Week’s Closing
World stock markets were under pressure because the economic numbers are showing the worst possible recession in human history thanks to what is clearly not just an unprecedented lockdown, but one that has no foundation in law. This was added to by Bill Gates’ personal propaganda machine the World Health Organization which now forecast that the coronavirus may never go, implying we need Bill Gates to save the world. Trump has played into the propaganda having little choice saying he will have the military summoned to be able to give vaccines by year-end. My sources say he is playing to the virus nonsense for he has no choice, but he has no intention of making anything mandatory.
This is all combined with the realization that central banks may have hit the bottom with interest rates and really can do nothing to reverse the damage that has been done to the world economy. The head of the Federal Reserve had killed talk of U.S. interest rates going negative to kickstart investment and new outbreaks of the virus. The Fed is not stupid and sees how negative interest rates have wiped out the Europen bond market and trapped the ECB.
The economy will NOT come back no matter what the BS propaganda will be. The structural damage is really profound. Even $3 trillion of giveaways will not create inflation. That is like you lost $1,000 and I offer you $50 to buy food.
As we head into the close of this week watch 23645. A closing below that today will leave the market in a vulnerable position for next week.Â
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Captain–Maddog–anyone?I need your help-I sense there may be something of significance here but I am not a tech guy-what say ye?
Something Is Broken: Important And Formerly Reliable Technical Indicators Are Giving Anomalous Readings
Summary
TRIN, aka Arms Index, has departed radically from historical performance.
One interpretation is that stocks are preparing for a larger degree secular bear turn and recent action has been merely preparatory.
Another possible interpretation is that the mechanics of the stock market have been broken by Federal Reserve intervention.
Many other formerly reliable indicators are similarly performing anomalously during and since the 2020 crash.
One way or the other, something is broken under the hood and technical indicators are reflecting that shift.
One of my favorite indicators for many years has been the 200-Day EMA of the Arms Index, also known as TRIN. This indicator is a ratio of the Advancing Issues/Declining Issues ratio to the Advancing Volume/Declining Volume ratio. So it’s a ratio of two breadth ratios, the numerator describing issues breadth and the denominator describing volume breadth. While this is normally regarded as a very short-term indicator, viewed on a tick or daily basis, I have found it very useful to smooth the data with a 200- or 50-day Exponential Moving Average to generate longer, intermediate-term readings.
Here’s a long-term view of the 200-Day EMA of TRIN for NYSE Composite:
As you can see, in the past, rising bottoms in the indicator signaled a coming top, as bullish breadth waned and bearish volume increased. Likewise, as bear markets ended, the indicator would start to reverse sharply as the market began to rally. Since the January 2018 top, the indicator has produced a pattern of rising lows, which in the past led into major tops. During the crash into the late December 2018 low, the indicator acted inversely to the norm, falling with the market rather than rising sharply. During the rally off the 2018 low into the 2020 top, the indicator also acted contrary to historical normality, generally rising along with the market. And recently, the indicator did not move higher as the market crashed. During the large post-crash rally 200-Day TRIN has not responded at all, remaining virtually stationary.
So since the bear market began with the early 2018 top, this formally reliable indicator has been giving unusual readings, and since the 2020 crash, it has become non-responsive.
One possible interpretation is that it has been producing the pattern of rising lows associated with the onset of a major bear market, and that the bear in question is of a major, secular degree, following in the wake of the completion of a 70-year cycle. In that case the pattern could be expected to be longer developing and larger in scale than anything seen before, and we would expect to see a large spike in the indicator associated with a large drop in the underlying index. In other words, the meat of the bear market has yet to begin and the indicator is warning that it is approaching.
Another possible interpretation is that we are in a post-capitalist, not-markets era and that the indicator is basically reflecting the broken state of former market mechanisms. With the introduction of an actor possessing literally unlimited funds capable of inserting itself into any economic and financial sphere at any time for any reason in any way and for as long as it wants, the basic mechanisms of markets no longer work and this is being reflected by the indicator.
So since the bear market began with the early 2018 top, this formally reliable indicator has been giving unusual readings, and since the 2020 crash, it has become non-responsive.
One possible interpretation is that it has been producing the pattern of rising lows associated with the onset of a major bear market, and that the bear in question is of a major, secular degree, following in the wake of the completion of a 70-year cycle. In that case the pattern could be expected to be longer developing and larger in scale than anything seen before, and we would expect to see a large spike in the indicator associated with a large drop in the underlying index. In other words, the meat of the bear market has yet to begin and the indicator is warning that it is approaching.
Another possible interpretation is that we are in a post-capitalist, not-markets era and that the indicator is basically reflecting the broken state of former market mechanisms. With the introduction of an actor possessing literally unlimited funds capable of inserting itself into any economic and financial sphere at any time for any reason in any way and for as long as it wants, the basic mechanisms of markets no longer work and this is being reflected by the indicator.
There is no TRIN for SPX, but there is for Nasdaq:cc
Ipso – Thanks for the test posts
I have no idea why it doesn’t work for me. Will try again later.
Ororeef
It disturbs me to admit that just last week I carried out $190 worth of groceries in three half-full bags.
When I was 20 Years old
I couldent carry $20 worth of Groceries ,,now I can !  Am I getting stronger at 81 ?
I looked this company being touted up. And just like that they have a vaccine to be out by July.
Touted by Fauci, see last notes.
The Moderna platform develops mRNA therapeutic candidates which are delivered in liposomes, using mRNA with modified uridine nucleosides to improve folding and translation efficiency, and mRNA drug candidates targeted to specific cell types.[11]
2020 vaccine development Edit
In January 2020, Moderna announced development of a vaccine to inhibit COVID-19 coronavirus, in competition with other biotechnology companies, such as Gilead Sciences, Vaxart, Inovio Pharmaceuticals, and Novavax.[12][13][14] The vaccine technology is a messenger RNA (mRNA) compound, named mRNA-1273, providing inhibition against SARS-CoV-2 that encodes for a form of the spike (S) protein on the virus.[15]
In March 2020, the Phase I human study of the vaccine candidate began in partnership with the US National Institute of Allergy and Infectious Diseases.[16] In April, the U.S. Biomedical Advanced Research and Development Authority (BARDA) allocated up to $483 million for Moderna’s vaccine development.[17] Plans for a Phase II dosing and efficacy trial to begin in May were approved by the FDA.[18] In preparation for manufacturing as many as a billion doses of the vaccine should it have proof of safety and efficacy in its human studies, Moderna signed a partnership with the Swiss vaccine producer, Lonza, who will begin batch manufacturing by July.[19]
GUESS WHO RUNS THE National Institute of Allergies and Diseases?
FAUCI
Who knows?
Cannabis May Stop Coronavirus From Infecting People, Study Finds
A new study from Canada suggests that cannabis extracts containing THC and CBD could prevent the novel coronavirus from infecting human cells.
The study, published online at Preprints, was conducted by a team of biologists licensed to grow marijuana and hemp under a Health Canada research license. Using 13 different cannabis oils extracted from newly developed strains, the team discovered that certain oils containing the cannabinoids CBD and THC could lower human cell production of two key proteins that serve as gateways for COVID-19 virus to enter the body and cause infection.
cont. https://merryjane.com/news/american-weed-consumption-jumped-27-last-year-study-finds?folded=true
ADMINS – “Media Full”??
I have tried to upload some different cartoons. Each time I try to upload some media, it fails with this error message:
“Failed to write to disk”
I’m wondering if our server disk space that is allocated for ‘media’ for the wordpress app here is finally FULL? It will take the server administrator/Wordpress Admin to determine and fix this. I’m sure the oldest graphics media could be deleted if it is several years old now.
I have to retract the warning of the pastor
Someone I know who it too told me it was from 2009 the last mandatory vaccine attempt with the H1N1 but the one from Washington isn’t.