Loading ...The problem, as Cinko notes, is that 2020’s pandemic-induced economic crash and the fastest recovery ever from a bear market might not fit into any one of the above buckets (especially with the Fed now explicitly egging on the market). It also means that, according to the Bloomberg strategist, “history is of no guide as to what to expect next in our current situation. Though I suppose one thing is clear from the chart, especially since 2010 onward: The easy ride higher is over for the time being, and churning price action is likely in store for investors until the next direction (up or down) becomes clearer.“This week we had 3 days where the S&P 500 closed positive and the advance-decline line was negative. Since 1995, there was only 1 other week where this occurred in June 1997. However, this week is not comparable in our view, as the negative a/d numbers were pretty close to zero (-6, -37, -35) that’s vs. (-161, -193, -61) this week. This week’s a/d numbers were very significant in terms of size relative to history. Since 1995 there has been 287 days when SPX closed positive and the a/d was negative. However, Thursday’s -193 was the 3rd lowest ever. Tuesday’s was #7 on the list.
what is especially notable is that the last time we had a cluster of such negative A/D days with the S&P closing at all time highs was just days before the dot-com bubble burst.
@silverngold re 11:32
I think the possible reasons for exaggerated Pandemic is far far bigger than people getting gov’t mandated vaccinations. Its doing a stress test on the entire global economy. Survival of the fittest businesses. A sort of “heard trimming” going on.
Besides that its obvious to me the entire global economy or globalization, has been in trouble a long time since 9/11, and is in reverse. I’ve been seeing stories on De-Globalization is what they call it. Decoupling with China, and cold war with China stories also popping up.
As for gov’ts’ encouraged to “throwing their weight around”, that could be preparation for the next depression, big economic collapse or failing currency fiasco.
JUST SAY NO!!!!!!!!
Nothing else is going to stop this madness. There is NO FUCKING PANDEMIC!!! The world is being scammed, coerced, and forced into this world mandatory vaccine scam. If you can’t see it you are blind. One country at a time is being imprisoned. First New Zealand, next Australia, then ???????????? but it’s coming fast now for US if we don’t WAKE THE FUCK UP and just say no!
This video spells it out very clearly, and all we have to do is JUST SAY NO!! Please watch this video and WAKE UP! Then pass it on.
Goldi—Maya
British Journal of Nutrition=higher consumption of cruciferous vegetables,= is associated with less extensive blood vessel disease in older men and women.
New research has shown some of our least favourite vegetables could be the most beneficial when it comes to preventing advanced blood vessel disease.
Broccoli and Brussels sprouts a cut above for blood vessel health
- Date:
- August 20, 2020
- Source:
- Edith Cowan University
Published in the British Journal of Nutritionthe research has found higher consumption of cruciferous vegetables, such as broccoli, Brussels sprouts and cabbage, is associated with less extensive blood vessel disease in older men and women.
Using data from a cohort of 684 older Western Australian men and women recruited in 1998, researchers from ECU’s School of Medical and Health Sciences and The University of Western Australia found those with a diet comprising more cruciferous vegetables had a lower chance of having extensive build-up of calcium on their aorta, a key marker for structural blood vessel disease.
Blood vessel disease is a condition that affects our blood vessels (arteries and veins) and can reduce the flow of blood circulating around the body. This reduction in blood flow can be due to the build-up of fatty, calcium deposits on the inner walls of our blood vessels, such as the aorta. This build-up of fatty, calcium deposits is the leading cause of having a heart attack or stroke.
Broccoli and Brussels sprouts a cut above
Lead researcher Dr Lauren Blekkenhorst said there was something intriguing about cruciferous vegetables which this study has shed more light on.
“In our previous studies, we identified those with a higher intake of these vegetables had a reduced risk of having a clinical cardiovascular disease event, such as a heart attack or stroke, but we weren’t sure why,” she said.
“Our findings from this new study provides insight into the potential mechanisms involved.”
“We have now found that older women consuming higher amounts of cruciferous vegetables every day have lower odds of having extensive calcification on their aorta,” she said.
“One particular constituent found abundantly in cruciferous vegetables is vitamin K
https://www.sciencedaily.com/releases/2020/08/200820102434.htm
Anyone having trouble with msn email?
I’m able to sign in with internet explorer but google chrome says “there’s a problem try again later.” This has been going on since yesterday.
Maddog
That’s like a very long well written although sickening research paper on the Wackados of the world who have no concept on the consequences with these ideas. It does represent the breakdown of society and equality doesn’t equal cheating, not having basic rules and partisan bullying.
They way they are going they will be the next to be defunded because we won’t need laws or borders and all things being equal won’t need them either,
Aoc can go back to bartending.
I don’t think this will go over well. This isn’t the Soviet Union.
Virginia Plans Mandatory COVID-19 Vaccinations For All Residents
https://www.zerohedge.com/geopolitical/virginia-plans-mandatory-covid-19-vaccinations-all-residents
gulf storms
louisiana and texas are going to get wet if present forecasts play out. trop. storm marco is projected to make landfall somewhere near the tx/la state line on tuesday. on wednesday trop. storm – maybe hurricane laura is expected to follow with a landfall somewhere near morgan city la.
that whole region is flat and low. add ten to twenty (more?) inches of rain, and flooding is a given.
fortunately, treefrog manor is several hundred miles to the east, but chances are that we will see plenty of rain. it has been wet the last couple weeks, and the creeks are full. it’s cloudy now, as i look out the window. outlook for the gulf coast – wet, wetter, or wettest. take your pick.
Maya
Credit cards are a interest trap that keeps people in debt. They want the interest and if you use them and pay on them it used to be they’d send you higher and higher limits. I decided to get a few of them decades ago and wound of with about 6 or more can’t remember now in case of a Emergency . I found myself having to make a pay schedule on which one I had to pay by which date to keep them active while getting more and more offers and had to held them so I could destroy them before they went on the trash.
I only have a couple now but somehow one place sent me one without me even asking for it! Plus ID theft luckily I had a credit alert said I applied for two cards I didn’t apply for and asked what address it was going to and it wasn’t mine. So what did they do??? Change the address and probably why I got one. So then I set up a fraud alert but that gives you problems cuz if anything comes up you have to prove you are you. You do anyways but I don’t know about them if you know what I mean.
Banks & Credit going bust
Yeah, I have an 805 credit score, but I live within my means and pay off the cards monthly. I am what the business calls a ‘freeloader’ because they don’t make any interest on me.
So one high profile credit card that practically forced itself upon me two years ago because of my excellent score was kept in reserve. I never used it. Six months ago I got a letter from them. “We’re sorry the card was not a good fit for you. We have cancelled your account.” So I started spreading my small purchases around on the remaining three cards to keep them active. Two months ago I got a notice from the one with the highest credit limit. Because I was not going deep into debt up to their expectations, they cut my credit line in half!
No big deal for me. The cards are simply a purchase convenience for me that I pay off monthly. I also keep a wad of cash ’emergency fund’ (under my mattress…. don’t tell anyone!) that is not in the bank.
Ororeef -This what they are up too
Locally for me the bank still has it lobby closed unless you make an appointment. They want to do everything now digitally. The old days of banking has ceased. Getting a personal check cashed? The teller gives you this look.
Three strikes today
I went to Bank America because I couldent access my account because they changed the password process.My branch was closed 11 AM .I went another Branch She said I needed t use a cell phone to access my account .I said heres the phone show me how…She said we dont have your cell phone in our system .Here it is you do it…She changed my password and they were going to send me a new password..WE waited and waited …half an hour nothing..She said its probably going to take overnight ..come back monday ..meantime I cant access my account…..I went to my other BANK to get a credit card issue fixed .THeir Branch was closed .nobody in the lobby…I got a letter in the mail that they cancelled my credit card because I hadent used it ..I didnt owe them any money,my credit rating is 830 ,so why did they cancell my card ? strike two…I then went to TDAmeritrade to see if I could get a checking or debit card to access cash if I needed it ..They were closed period ..12 noon….. Strike three ..What the hell is going on…Nobody working at two banks and TDAMERITRADE ? Nobody wants me to access my accounts …!
Maddog
Check out energy transfer (ET symbol). It is paying an extremely good dividend.
Ipso
Funny thing – Wednesday was the big down day for the metals so they must’ve took the light volume as a chance to raid the Crimex?
Really amazing they can get away with posting their stuff a week after the fact. Crooks
Comex gold
Gold bounced off trendspotter support but still needs to close above $2,000.00 on good volume and increasing open interest.
Silver, being the bitch of the metal group, is doing it’s own thing but bounced off support at around $26.00 but still needs increasing open interest to sustain a rally.
rno
Buygold
Not much net change was there. All the traders went on vacation? I dunno.
ipso facto
Good point re earnings and in a world where there is damn all Divi income…we could be sitting on a tsunami….I was with some friends today who are desperate for income…….they have good savings but no income……and when I say desperate, I mean close to tears, their world has been wrecked by QE etc and they are anything but alone…..
Buygold @ 15:17
One good thing … at least with gold and silver at these high levels the producers should be making good money. A $100 bucks lower and they’ll still be making good money. Even the silver producers should do well … which hasn’t been true in a long time.
Have a great weekend everyone!
Buygold
If this was the SM and everyone was looking for a correction, like in PM’s it would not look back…..but we have the scum to deal with….
Ipso – No, not the best week
but IMHO it’s important to note that at least today the selling has been on light volume in the shares.
I could see the Adens being right about the HUI 300 and gold $1800’s but the truth is, there’s a lot of folks out there expecting gold to get bitch-slapped like it always does….
Just sayin’ 🙂