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June 16, 2024 | Short Squeeze Blows the Roof Off Stocks
Last week’s rabid short-squeeze punctured bull-market targets I’ve been drum-rolling for months in Microsoft, Apple and QQQ. Moreover, the bullish look of the S&P 500 chart shown above is so clear and compelling that even the most stubborn permabears will need to make room for more upside to at least 6118, a nearly 13% rally […]
June 15, 2024 | This Week in Money
- Ross Clark: Stock Markets, Apple, Nvidia, Oil, Cocoa. Special Offer! 25% Off New Annual Subscriptions.
- Victor Adair: (11:19) Currencies, Gold, Copper, Interest Rates, Inflation
- Josef Schachter: (41:20) Petroleum, OPEC, Oil Prices, Natural Gas
- Tony Mitchell: (79:30) Director of Marketing at RecycLiCo™ Battery Materials on Company Showcase – The Future For Lithium-ion Battery Recycling is Bright. Weathering the current EV storm. Read IEA Article – “Trends in Electric Cars – Global EV Outlook 2024“. Read The Cool Down Article – “‘Black Mass Emerges as Hot Commodity Amid Expanding Interest in EVs and Battery Recycling — But Regulations Pose Hurdles“. View RecycLico’s Company Presentation.
Watch Roundtable Video with Sandy Munro, Jason Fenske and Norm Chow: “RecycLiCo Battery Recycling Q&A with Engineering Explained & Kemetco Research“.
Watch – We upcycle cathode scraps and black mass into higher-value battery materials!
Video – The demonstration plant for the RecycLiCo™ Patented Process is now operational in Vancouver, British Columbia, Canada.
Questions? Email or Phone: 778.574.444
June 15, 2024 | Tech Talk for Saturday June 15th 2024
The Bottom Line Investors responded to encouraging U.S. economic news last Wednesday. Core May Consumer Price Index on a year-over-year basis dropped to 3.4%, extending an intermediate downtrend. U.S. equity indices moved higher on the news: the S&P 500 Index and the NASDAQ Composite Index jumped to all-time highs in anticipation of a lower Fed […]
June 14, 2024 | Why is 2% Inflation so “Magical”?
South Korea now has Gold vending machines
June 14, 2024 | The Canadian Housing Bubble Needs To Burst
Real residential house prices in Canada have grown by more than four-fold since 1970. This means that house prices have grown much faster than inflation, and housing unaffordability is extreme compared to the past and other countries like the U.S. Can the housing market in Canada be fixed? This chart shows prices indexed to 100 […]
June 13, 2024 | IMF Digital Currency to Replace the Dollar
Years ago, when I wrote that Bitcoin was created by the CIA/NSA, some Bitcoiners attacked me and insisted that Satoshi Nakamoto was the creator of Bitcoin. Yet someone who created such a product never stepped forward and would have been a billionaire on royalties. But this fictional character was not much different than Lee Harvey […]
June 13, 2024 | The Future For Lithium-ion Battery Recycling is Bright
Weathering the current EV storm. Read IEA Article – “Trends in Electric Cars – Global EV Outlook 2024“. Read The Cool Down Article – “‘Black Mass Emerges as Hot Commodity Amid Expanding Interest in EVs and Battery Recycling — But Regulations Pose Hurdles“. View RecycLico’s Company Presentation. Watch Roundtable Video with Sandy Munro, Jason Fenske […]
June 13, 2024 | Stock Markets Using Confusion To Go Higher
AI reliability questionable
June 13, 2024 | Will the Fed do Multiple Rate Cuts This Year?
Is the Canadian Real Estate market about to burst?
June 13, 2024 | AI Mania Still Driving Stocks Higher
Do Gold and Silver still have room to climb higher? Receive 50% Off VR Trader Newsletters! Enter Promo Code 2022HALFOFF.
June 12, 2024 | Total US Stocks Grew 11.8 MB Last Week – Lower WTI Prices Ahead
Economic data in the US so far is not supportive of the Fed lowering their Fed Funds rate. Today’s CPI report was benign coming in at 3.4% for core, so the Fed is likely to continue its view that it wants to see a few months of slower economic growth and declining price pressure before […]
June 11, 2024 | Canadian Home Prices Moving Lower For Math Reasons
It is wildly unpopular to say this, but Canadian home prices need to move much lower. And yes, I, too, stand to lose net worth as they do. Immigration is unlikely to prevent mean reversion here. Immigrants need places to live, to be sure, but historically, it took an average of 7 years before immigrants […]
June 10, 2024 | Used Car Wholesale Prices Continue Plunge, Gave up 59% of Pandemic Spike. But still up 35% from Jan 2020: EVs +72%, ICE Vehicles +34%
Used vehicle prices are in a historic downward spiral, unwinding the hugest-ever price spike that had built up during the pandemic. Despite the plunge, wholesale prices of vehicles sold at auction in May were still 35% above where they’d been in January 2020, according to Manheim, the largest auto auction house in the US. With […]
June 9, 2024 | Soft Landing Fantasies
Those who think the wizards at the Fed have engineered a soft landing for the grotesquely pumped U.S. economy are in for a rude awakening. Strip out the “wealth effect” from mega-cap stocks driven mostly by hot air and short covering, and the economy is already in recessionary muck. Although yacht sales reportedly are still […]
June 8, 2024 | Trading Desk Notes For June 8, 2024
Check your old-school assumptions at the door Market sentiment has been oscillating between believing that “higher for longer” is 1) dead or 2) will be indefinitely sustained. The oscillation frequency has shrunk from months (during the October to February period) to days (since mid-April), and this week, sentiment swung from pillar to post between Monday and […]
June 8, 2024 | This Week in Money
- Ross Clark: Stock Markets, Gold, Oil, USD, Canadian Dollar. Special Offer! 25% Off New Annual Subscriptions.
- Martin Armstrong: (8:34) 2020 Coup, Mass Migration 2024, Stock Markets, US Presidential Election, Bitcoin
- Hilliard MacBeth: (51:34) Canadian Real Estate, Interest Rates, Debt
June 7, 2024 | Bank of Canada Cuts Rates and Sends The Market a Signal
The Bank of Canada cut interest rates by 25 bps on Wednesday and the ECB made a similar cut on Thursday. This marks a significant moment in the history of interest rate policy changes and could be a turning point. CPI Inflation has moderated enough (2.7 percent) to allow cuts without a loss of credibility. […]
June 7, 2024 | Will We See 1 or 2 Percent Interest Rates Again?
Despite government policies, oil isn’t going away
June 7, 2024 | AI Going to Drive Power Demand Sky High
Meme stocks a great way to lose money
June 7, 2024 | Why Falling Central Bank Rates are Bad News
Is AI the new dot com bubble?
June 6, 2024 | Bank of Canada Cuts by 25 basis points, to 4.75% as Economy and Inflation Slowed. QT Continues
“With continued evidence that underlying inflation is easing,” the Bank of Canada said today that “monetary policy no longer needs to be as restrictive,” and it cut policy interest rates by 25 basis points, as widely expected. But QT will continue, the statement said. The BOC has already shed 64% of the securities it had […]
June 6, 2024 | What Would Josey Wales Do?
“Now remember, when things look bad and it looks like you’re not gonna make it, then you gotta get mean. I mean plumb, mad-dog mean. ‘Cause if you lose your head and you give up then you neither live nor win. That’s just the way it is.” – Josey Wales “To hell with them fellas. […]
June 6, 2024 | The Biden Mask, Q, Climax Event
Climate change hoax, Inflationary Depression
June 6, 2024 | Time to Be Cautious in the Stock Market
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June 5, 2024 | WTI Crude Plunges Over US$4/B To US$73.10/B As OPEC Plans To Open The Spigots in Q4/24
OPEC’s announcement to gradually phase out the 2.2 Mb/d of quota cuts (starting October 1st) was not received well by the markets. In the details an agreement to give the UAE a 300 Kb/d addition to their quota, and continued cheating by Iraq and Nigeria resulted in a knockout blow to crude prices over the […]