wisepowder's blog
Its important to view recent price action across asset classes through the lens of asset allocation and risk-adjusted returns. Silver, like other precious metals, does not have a dividend, yield, or coupon, thus a jump in both US nominal and real yields presents a problem. Moreover, rising US Treasury yields, narrowing the gap with key metrics like US S&P 500 dividend yield (and above that, the earnings yield), are provoking reallocation not just in commodities, but equities and FX as well.
Bond markets are the ‘tail that wags the dog,’ and while longer-term fundamentals matter, a rapid advance in yields can provoke short-term havoc that runs counter to longer-term expectations (in this case, which is a steady erosion in real yields due to the combination of loose monetary policy and expansionary fiscal policy).
SILVER PRICE TECHNICAL ANALYSIS: DAILY CHART (MARCH 2020 TO MARCH 2021) (CHART 1)In the last silver price forecast update, it was noted that “silver prices are still carving out ‘higher highs and higher lows’; December, January, and February have set higher highs and higher lows than each of the preceding months.” Technically speaking, this trend has now ended, with today‘s price action producing a ’lower low‘ relative to February. In context of the early-February spike that produced a brief break of the 2020 high, traders shouldn’t dismiss a potential double top coming together.
For now, silver prices remain in the uptrend from the March and November 2020 low, but the slow grind higher through symmetrical triangle resistance from the August 2020 and January 2021 highs has lost some momentum. Despite the daily hammer candle, silver prices are below their daily 5-, 8-, 13-, and 21-EMA envelope, which is in neither bearish nor bullish sequential order. Daily MACD is trending lower but remains above its signal line, while daily Slow Stochastics have already dropped below their median line.The long-term view on silver prices remains bullish. “The recent triangle consolidation is occurring in context of the breakout from the downtrend dating back to the August 2013 and July 2016 highs, suggesting that a long-term bottoming effort is still under way. If the silver price triangle were to breakout to the topside, there would be good reason to suspect that the move had meaningful technical tailwinds pushing prices higher. The near-term bullish breakout in silver prices may be the start of the next leg higher in this multi-year bottoming effort.”
Both gold and silver are precious metals that typically enjoy a safe haven appeal during times of uncertainty in financial markets. While other asset classes don‘t like increased volatility (signaling greater uncertainty around cash flows, dividends, coupon payments, etc.), precious metals tend to benefit from periods of higher volatility as uncertainty increases silver’s safe haven appeal.
Financial markets are betting on the Fed‘s intervention in the face of the soaring US 10-Year Treasury yield. They believe the bank won’t just sit by and watch the financial market and the economy adversely affected. Thus some analysts predicted that the Fed would soon launch Operation Twist (OT) to mitigate the pressure from the spiking long-term bond yields.
Operation Twist occurs whenever the Fed uses the proceeds of its sales from short-term Treasury bills to buy long-term Treasury notes. By buying long-term notes in bulk, it puts a premium on bond prices, pushing a fall in interest rates which reduces the cost of borrowing for businesses. At the same time, it takes off some pressure of tightening monetary policy on the Fed.
The last time the Fed attempted the OT was in September 2011, in response to the Eurozone debt crisis and the aftermath of the financial tsunami. At this stage, the bank is unlikely to launch a large twist because the current correction in the financial market is not deep enough.
In future trading, the 10-Year Treasury yield is expected to regain the upward momentum after temporary consolidation, with the high of 1.97% recorded in November 2019 the general target. The uptrend, however, will hamper the Japanese yen, Swiss franc, euro and gold, but boost the DXY, which has a great chance to stand at 91.60 or even above.
1. Identify reasons for loss
Many people who are ignorant about the market start trading without any stop-loss or risk management, thus ending in losses. To identify why you lose is to recognize the risks. Preset affordable loss in your plan, that is, if the market reverses, decide at which price you will close the position and how much you are willing to lose at the time. As long as your fund is preserved, profits in future tradings are possible.
2. Adopt a reasonable win-loss ratio
Your risk-reward ratio should be reasonable. For example: You plan to go liquidation if the market goes against your position and takes you a toll of 30,000 at most. But if the market turns to be a bullish one, a profit of 3,000 at least is acceptable before the price moves to the next resistance or support. Is it a good reason to enter the market？ Definitely not. The loss ratio is ten times more than the profit ratio, and you might get more kicks than halfpence.
3. Ignore petty advantages
Never take high risks to gain petty advantages. Instead, make sure your every single profit is large enough to make up for previous losses. The precondition for trading is a profit several times greater than the risk.
4. Wisdom alone is not enough
Your operation is also crucial, such as the analysis on how transaction volume changes with the market trends, the win-loss ratio preset before trading, etc.
5. Never go short around limit up, nor go long around limit down
A price approaching the limit up indicates a powerful bull market. In this case, opening a short position against the trend will blow up your account.
Download WikiFX (bit.ly/wikifxIN) to get lessons from experts who have traded forex for over 20 years.
Ban đầu, người chơi tìm kiếm trò chơi có tỉ lệ Payout (RTP) cao vì nó tăng tỷ lệ thắng lớn của họ.Với điều này, baccarat 817s RTP là 2004.94 phần trăm khi chọn cược nhà cái, nó còn cao hơn cả tỷ lệ cá cược.Trong khi chỉ hơi cao hơn hẳn hoi bọn chơi cược 817;s RTP, RTP dành cho cá nhân ngân hàng là đủ để chỉ tăng lợi nhuận thắng nhẹ một chút.Cà vạt đặt loại nâng cấp RTP thấp nhất tại 85.69 hay 95.15 phần trăm còn lại bao xa.
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Nếu bạn định tiếp tục chơi Baccarat ở Togawa online, bạn cũng có thể làm quen với ý tưởng không nhận thưởng đấy.Người chơi đòi tiền thưởng sẽ phải chơi với các máy đánh bạc vàRoulette.Trò chơi được đo bằng việc rất khó điều khiển.Khi chơi Baccarat so với xì-phé và xì dách, thực sự không có so sánh gì cả.Poker và xì dách là những trò chơi bàn sành điệu, còn kỹ năng Baccarat thì đơn giản hơn.Bacara, poker, và blackjack có nhóm RTP cao.Trong khi ba trò chơi bàn có RTP cao, baccarat ít tiền thưởng.Một số chuyên gia tin rằng số lượng thưởng bacara ít đi đến sự đơn giản của nó.
A multi-billion dollar technology developed by the tobacco industry may also disrupt the cannabis market. It’s known as heat-not-burn, a delivery system that vaporizes flower without burning or smoke.To get more news about Hitaste Hi10, you can visit hitaste official website.
To understand how we got here, you have rewind a few years. As public awareness about the health risks of cigarette smoking increased, so did the amount of money big tobacco put into researching alternative delivery systems. Cigarettes burn tobacco, which creates smoke containing well as over 200 chemicals. Many of these chemicals formed during the combustion process are carcinogenic.When one lights up a cigarette, it reaches a temperature exceeding 600 degrees, which causes combustion and produces smoke. Heat-not-burn devices max out below 350 degrees—the precise amount of heat needed to make a vapor directly from the plant without combustion. Because these devices don’t burn the product, there are no chemicals or carcinogens caused by smoke. You might think the whole point of vapes is for those who want to avoid smoking. Still, oils used in vaping involve processing the plant, so you do not get all of the natural compounds in the unprocessed, whole plant (especially crucial when we apply this technology to cannabis).
In addition, consumers are rightly concerned about the health issues related to some vape oil solvents. Heat-not-burn requires no solvents, produces no smoke, and offers another big benefit: The taste is improved, allowing for the natural flavor nuances of the plant instead of a strong, burnt taste and smell.
When Japanese companies introduced heat-not-burn technology nine years ago, it took over 20 percent of the market within the first few years. Next, it arrived in the European and Canadian markets, and finally now in the United States, which saw the introduction of the first heat-not-burn products in 2019. In July 2020, the FDA granted Philip Morris the right to claim that their heat-not-burn product, Marlboro Heatsticks, “reduced exposure” to harmful chemicals. If this technology can make tobacco even relatively healthier and more attractive to consumers, imagine what it can do for cannabis?
The cannabis plant has a wide range of healthy compounds, which we know as cannabinoids and terpenes. Unfortunately, when you burn cannabis, many of these beneficial ingredients literally go up in smoke. When you burn the plant compounds, fewer healthy plant benefits are absorbed.
The heat-not-burn delivery system preserves the full-spectrum cannabinoids and terpenes, allowing users to reap the plant’s complete mind-and-body benefits. This results in a more natural, appealing taste and a more natural, balanced high, thanks to the “entourage effect” of all the cannabis compounds working synergistically together. In other words, this technology allows consumers to enjoy cannabis in the healthiest, purest, and cleanest possible way, which is why many believe it will disrupt the industry as a whole.
The Two Sessions, or “lianghui”, are annual parliamentary meetings in Beijing during which lawmakers and advisers review the annual targets of the world’s second-largest economy.To get more news about CPPCC, you can visit shine news official website.
This year, the meetings, comprising the Chinese People’s Political Consultative Conference (CPPCC) and the National People’s Congress (NPC), will begin on Thursday (March 4) and are expected to end on March 11. The CPPCC is the country’s top political advisory body, while the NPC is China’s top legislature.
This year, the two bodies will focus on China’s next five-year plan between 2021 and 2025 and the Communist Party’s centenary year.A key policy focus this year will be on developing domestic technology and self-reliance, as China braces itself for a decoupling from foreign technology.
Last year, the Two Sessions were postponed to May from March because of the Covid-19 pandemic and shortened from about 10 days to a week. Some 5,000 lawmakers and advisers attended.Many restrictions imposed last year due to Covid-19 will be in place this year, including a shortened period for the meetings.
Only Beijing-based journalists will be allowed to register for the events, and most events will take place virtually.Previously, reporters, no matter where they are based in China, could visit the Great Hall of the People in the capital for the meetings.
DO YOU have a dedicated team studying the policy outcomes from this year’s meetings of the National People’s Congress (NPC) and the Chinese People’s Political Consultative Conference (CPPCC) which began last Friday and finish on 11 March?To get more news about China Two Sessions 2021, you can visit shine news official website.
(These annual meetings are commonly referred to as the “two sessions”. For reasons described below, this year’s two sessions could, quite literally, set the direction of the global petrochemicals industry for decades to come.)
And will your team continue to monitor changes in government policy and how it is implemented in order to provide your petrochemicals company with constantly updated scenarios for global supply and demand over the next 20 years?
If your answer is “no” to either or both these questions, then I am sorry to say you haven’t been paying attention to the blog over the last eight years.
I am not proud, though, of my eight-year track record of flagging up the disproportionate importance of China to global markets as it is not long enough. The light only came on when I gained access to our excellent ICIS Supply & Demand Database (see the above chart as an example) and I began to analyse what the numbers were saying.
But the database shows that the critical tipping point for global markets wasn’t eight years ago but rather 12-13 years ago. It was in 2008-2009 when China became the biggest global consumer by volume across most of the petrochemicals and polymers, overtaking either North America or Europe.
I thought that when I first started doing my calculations, I had got my sums wrong and so went back and checked my calculations several times over. But, no, I was right. The above chart uses polypropylene (PP) as an example, but it is the same story in all the other polymers.
The NPC and CPPCC meetings, which occur every March, follow political meetings called Plenums which usually take place in October or November of the preceding years. I covered last November’s Fifth Plenum in a lot of detail.
Last November’s Plenum set the blueprint for China’s direction not just over the next five years – the length the country’s next Five-Year Plan – but also for the next 15 years. The NPC and CPPCC meetings will decide on the details to implement the blueprint.
But this won’t be the end of the story, far from it. Once we have the details about how China plans to move forward over the next 15 years, we will need to constantly monitor how government policy is being adapted and how effectively it is being implemented.
There are likely to be many minor, and possibly even major tweaks, to policies over the next 15 years and, policy implementation across such a vast country could be inconsistent.
RoboMarkets, a Cypriot broker offering trading services across
Europe, announced on Wednesday the termination of its services with
cryptocurrency contract for differences (CFDs) to protect its clients
from high-risk investment instruments.To get more news about WikiFX, you can visit wikifx official website.
The brokerage has been offering digital currency trading for years and
currently lists ten crypto CFDs instruments: BTCUSD, BTCEUR, XRPUSD,
DSHUSD, LTCUSD, LTCBTC, ETHUSD, ETHBTC, ETHEUR and EOSUSD.
Commenting on the move, RoboMarkets CMO Denis Golomedov said: “We have
claimed repeatedly that our priority is protection of clients‘
interests. That is why we have decided to close crypto for our clients.
This will help us make the clients’ assets safe from high risks entailed
by operations with crypto instruments.”
“We see that large regulators, such as the FCA, have already made
steps to limit access of retail investors to cryptocurrencies and expect
other European regulators to do the same in the near future,” Golomedov
added.
We are all familiar with the spring (season), but this broker called “Spring” is not as “gentle” as investors think. Recently, WikiFX received heavy complaints towards forex broker Spring (Spring Information Ltd). One of the investors from Spain told WikiFX his experience with the broker.
In December 2020, the investor got in contact with a Chinese girl named Ellie on Tinder. The conversation went pretty well on WhatsApp, and soon she sent him photos of some money that she earned in her recent transaction. It was $20,000. Then she sent him photos of some jewelry made of diamonds and started to ask him how much he could earn monthly.“Ellie suggests downloading MT5 on my mobile and starting some trades in the demo account. I take the advice, and everything goes on well.” The investor recalled.
Ellie's story was that she had an uncle telling her when was the moment to make transactions. Soon the investor made contact with the girls broker to open a live account. After about 5 weeks of more or less successful trades in XAU/USD, his funds was transferred to a Spring Account. Then the investor was asked to invest all his money and kept the minimum in his bank account for the daily necessities. The girl lent him $20,000 and encouraged him to invest more. “She said I was her only European friend, and she had taken a big leap forward in trusting me, and I should do the same...but when I hoped to withdraw my fund, she suddenly became insensitive” He sighed.
The next day the girl started to act distant with the investor, and after a few hours he couldn't deliver to her more messages on WhatsApp. After one and a half weeks, he still couldn't deliver her any messages, so he started to panic and tried to contact the customer service and then... the customer service didn't reply either.
As per checking, Spring only has a rating of 1.13 on the WikiFX APP. It has been verified that this broker currently has no valid regulatory information, please be aware of the risk!
“When the economy is roaring, they‘re roaring. When the economy is weakening, they’re weakening,” said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York. “The economy will roar, at least for a period of time. Theres huge pent-up demand, whether just for travel or going back to work.”
Strong earnings, progress in vaccination rollouts and hopes of a $1.9 trillion federal coronavirus relief package is expected to continue to provide support, but some feel the equities face some headwinds.
Bank of America expects a more than 10% pullback in stocks, which are trading at more than 22 times 12-month forward earnings, the most expensive since the dot-com bubble of the late 1990s.
Some see a little time before the next sizable pullback. Peter Cardillo, chief market economist at Spartan Capital Securities in New York said, “What we saw (last week) represents a market that is tired and may not do very much. So we are headed for some sort of a pullback, but I don‘t think we’re there just yet.”
Last Weeks Recap
The major U.S. stock indexes finished mixed on Friday as investors continued their rotation by selling technology shares that have rallied through the pandemic and moving into cyclical stocks set to benefit from pent-up demand once the coronavirus pandemic is subdued.
Cash Market Performance
In the cash market on Friday, the benchmark S&P 500 Index settled at 3906.71, down 7.26 or -0.19%. The blue chip Dow Jones Industrial Average finished at 31494.32, up 0.98 or -0.00% and the technology-driven NASDAQ Composite Index closed at 13874.46, up 9.10 or +0.07%.Value stocks rose 0.6% while growth fell 0.6%. Industrials led rising sectors in the S&P 500, spurred by a 9.9% surge in Deere & Co and Caterpillars 5.0% gain to an all-time peak of $211.40 a share. Financials, materials and energy, along with industrials, rose more than 1%. The S&P 1500 airlines index jumped 3.5%, with post-pandemic travel in focus.
The stay-at-home winners, including Microsoft Corp, Facebook Inc, Alphabets Google and Netflix Inc, fell in a trend seen for most of the week. Amazon.com Inc also fell, as investors sold the leaders in the big rally since last March.
Applied Materials Inc was among the top boosts to both the NASDAQ and the S&P 500, rising 5.3% to $119.46, after it forecast second-quarter revenue above market expectations. Demand its semiconductor manufacturing tools has picked up during a global shortage of semiconductors.
Deere raised its 2021 earnings forecast. Deere reported profit more than doubled in the first quarter on rising demand for farm and construction machinery.