Eye on the Markets: Coronavirus Stocks/Investments thread

Valuist

EOG Master
Just watched an interview w/Zuckerberg re; the metaverse. Still have no idea why the metaverse would be relevant to anyone over the age of 30, unless they are hard core gamers.
 

MrTop

EOG Master
Just watched an interview w/Zuckerberg re; the metaverse. Still have no idea why the metaverse would be relevant to anyone over the age of 30, unless they are hard core gamers.



the future offices. Cartoon people but they are really at home or wherever
 

MrTop

EOG Master
is that correlation not the hedge play top man 🤔



hedge vs ?


it is not inflation, I thought for sure gold was going up with the rates NOPE!



i am puzzled with gold. Now metals took a big hit everything came down...gold is mixed in there.




swiss franc moves opposite of the dollar so dollar is real strong right now. People are playing the dollar and/or shorting gold ...you can short gold ETF


bonds supposed to be opposite of stocks but the last 2 years No sir.
 
Last edited:

Valuist

EOG Master
hedge vs ?


it is not inflation, I thought for sure gold was going up with the rates NOPE!



i am puzzled with gold. Now metals took a big hit everything came down...gold is mixed in there.




swiss franc moves opposite of the dollar so dollar is real strong right now. People are playing the dollar and/or shorting gold ...you can short gold ETF


bonds supposed to be opposite of stocks but the last 2 years No sir.

Bonds always move inversely to interest rates.
 

MrTop

EOG Master

Bond Traders Are as Confused as Anyone These Days​

The debt market used to be the economy’s crystal ball. Now it may be no better than a Magic 8 Ball.
 

MrTop

EOG Master
Remember, CPI is a lagging indicator

Commodity $s have plummeted from peaks:

Lumber -58%,
Nickel -54%,
Aluminum -37%,
NatGas -31%,
Steel -28%,
Wheat -28%,
Zinc -25%,
Lead -23%,
Copper -22%,
Soybeans -18%,
Corn -16%,
Cotton -14%,
Cocoa -14%,
Oil -13%,
OJ -11%
(Rosenberg Research)


  • Lagging indicators differ from leading indicators, such as retail sales and the stock market, which are used to forecast and make predictions.
 
Last edited:

cheapseats

EOG Master
Watch Allstate. It's down with the market. It will fall as we go into hurricane season. Monitor the season, pending severity of and number of storms, sometime October it will be a buy.
 

MrTop

EOG Master

Fed’s Chances of Full-Point Hike Recede on Data, Wary Officials​

  • Bullard seeks steeper path but demurs on size of July move
  • Atlanta’s Bostic signals he doesn’t back 100 basis-point hike
 

MrTop

EOG Master
Remember, CPI is a lagging indicator

Commodity $s have plummeted from peaks:

Lumber -58%,
Nickel -54%,
Aluminum -37%,
NatGas -31%,
Steel -28%,
Wheat -28%,
Zinc -25%,
Lead -23%,
Copper -22%,
Soybeans -18%,
Corn -16%,
Cotton -14%,
Cocoa -14%,
Oil -13%,
OJ -11%
(Rosenberg Research)


  • Lagging indicators differ from leading indicators, such as retail sales and the stock market, which are used to forecast and make predictions.

  • Lagging indicators differ from leading indicators, such as retail sales and the stock market, which are used to forecast and make predictions.

U.S. Retail Sales Rose 1% in June​

Consumers spent more across a range of goods while inflation reached new four-decade high​

 

MrTop

EOG Master
  • Some market watchers believe that higher interest rates send gold lower because of increased competition from higher-yielding investments.
  • However, a long-term look through historical data reveals that no relationship exists between rates and gold.
  • Throughout much of the 1970s, gold prices rose sharply, just as interest rates moved higher.
  • The 1980s saw declining interest rates and a bear market in gold.
  • Other factors beyond rates—such as the supply and demand dynamics seen in most commodities markets—are likely to have a greater impact on the long-term performance of gold.



commodities were taking a serious hit before yesterday
 
Last edited:
Top