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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: carranza2 who wrote (163408)	10/6/2020 5:04:33 PM
From: TobagoJack	Respond to of 219642

Shall pick up more physical this day, committed to and paid for early last week. The premium paid for last week is no more relative to current price now. So strange that CostCo is retailing gold Message 32966273 What’s next? MacDonalds selling platinum? Coca-Cola bottle caps made of gold and silver? Oh, they are doing that already lpm.hk

To: carranza2 who wrote (163408)	10/6/2020 11:34:16 PM
From: TobagoJack	Respond to of 219642

no wonder I feel we are in target rich environment back in 1929 'they' called SPACs dark pools zerohedge.com More Stocks Have Risen By 400% This Year Than Any Year Since 2000 If the SPAC boom minting new billionaires every day and the NASDAQ raging to new highs almost daily weren't enough to give 2020 a certain "1999 vibe", perhaps some additional stunning statistics from the Wall Street Journal will. In a recent article the Journal published detailing stocks posting astonishing rallies off lows this year (thanks Powell and Kashkari), it was revealed that the number of stocks that have risen 400% or more in the first nine months of this year is the most since the year 2000. The study looked at companies that were at least $100 million to start the year. This year's winners were replete with technology and biotech companies, as investors flocked to both sectors as a response to the coronavirus pandemic. Credit Is a Great Place to Be Now: JPMorgan's Camporeale Outliers like Overstock have risen 956% so far this year. Names like Tesla and Zoom are both up 413% and 591%, respectively. The Journal says that the run in stock prices was one that "few saw coming", however the Fed's early intervention during the beginning of the pandemic made it clear - at least to those paying attention - that the Central Bank's only policy was to save the stock market at all costs, sacrificing it on the altar of price discovery. And thus, here we are. Justin White, a portfolio manager at T. Rowe Price, said: “The rate at which momentum and enthusiasm and exuberance took hold over the summer…it hit a fever pitch that I have not seen in the five years that I’ve been managing my fund.” And while the Journal is also quick to attribute the gains to individual investors, we pointed out weeks ago that a large catalyst behind a recent rally in tech had to do with nothing more than market manipulation, through the purchase of options, by Softbank. That gamma squeeze disproportionately affected the NASDAQ, with more than 60 stocks in the index rising at least 400% at their peak in 2020. More than 1,000 of the index's 2,500 stocks suffered declines of at least 50% at their low points, as well. In addition to Apple and Tesla engaging in stock splits, IPO and SPAC enthusiasm has also continued to fuel what is left of actual investor sentiment heading into the fall. Names like Snowflake and Unity Software have been widely talked about names and relative successes, post-IPO. Compass Pathways, a biotech company focusing on psilopsybin, also had a successful IPO this year, as we pointed out weeks ago. White had grappled with the reality of buying Zoom back in March after it had started to rally: “I kept a pretty small position because I didn’t want to make a heroic bet at what could have been the top. In hindsight, the stock was actually pretty cheap at $200.” But, as White learned, reality doesn't seem to matter anymore. David Malmgren, senior portfolio manager at FBB Capital Partners, recalled the pushback he received while buying Tesla at $800 (pre-split) earlier this year. “The managing director of the firm came to me and said: ‘Seriously, we’re buying Tesla at $800?’ You’re buying at the highs…it takes courage.” Courage is one word for it...

To: carranza2 who wrote (163408)	10/8/2020 2:48:39 PM
From: TobagoJack	Read Replies (1) \| Respond to of 219642

Did not do any fidgeting this night. Let’s see what, if anything, makes any difference, in any direction of any pricing bloomberg.com JPMorgan Says Real Yields Are Negative for $31 Trillion of Bonds Anchalee Worrachate October 8, 2020, 9:01 PM GMT+8 A man looks out of a window to the offices of JPMorgan Chase & Co. in the Canary Wharf business and shopping district in London. Photographer: Simon Dawson/Bloomberg LISTEN TO ARTICLE JPMorgan Chase & Co. says the stockpile of developed sovereign debt with a negative yields adjusted for inflation has doubled over the past two years to $31 trillion. As the Federal Reserve prepares to let prices run hotter to fix the pandemic-hit labor market, the Wall Street bank has a message for investors: Get used to it. “Despite how logic defying the phenomenon is, negative real yields will likely stay with us for a long period to come,” wrote strategists including Boyang Liu and Eddie Yoon. Federal Reserve Chair Jerome Powell stressed this week that the U.S. economy needs more fiscal support and has promised to keep rates low to allow for a recovery. Among the bank’s calculations on the sub-zero world of sovereign debt in inflation-adjusted terms: In the developed world, the pile accounts for around 76% of debt outstanding, compared with 57% three years ago.With 10-year market-derived expectations for price growth at 1.9%, some 95% of Treasury notes and bonds offer a sub-zero yield.That compares with 32% and close to 100% in Japan and the euro area, respectively.All developed bills and short-dated bonds, at $10 trillion, are in this category -- a sixfold increase since 2017.Investors also get little compensation for longer-dated risk, with less than half of the securities greater than 10 years to maturity now trading above zero, after adjusting for inflation.No wonder the hunt for yield in emerging markets is so intense, where some 17% of total debt is sub-zero, JPMorgan said.— With assistance by Sam Potter Before it's here, it's on the Bloomberg Terminal. LEARN MORE Sent from my iPad