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

To: carranza2 who wrote (166440)

12/28/2020 1:16:16 AM

From: TobagoJack

Respond to of 218621

Whilst I welcome the news and indicated direction, I do not feel stimulated to extent I like.

Stimulus, to me, is like reflexology, for I have very high pain-tolerance and need my stimulus as harsh as any reflexologist can muster, bar none, and sometimes I ask the weaker reflexologist to use sharp-ish wooden implement

bloomberg.com

Gold Set for Best Close in Seven Weeks as Trump Signs StimulusBullion climbs along with silver as U.S. currency edges lower

Gold headed for the highest close in seven weeks after President Donald Trump signed a $900 billion coronavirus stimulus package, pumping more state funds into the world’s top economy. Silver surged.

The haven built on a run of four weekly gains following the breakthrough on the package, which Trump had initially declined to endorse amid a dispute on the size of checks to support households amid the pandemic. The dollar eased.

Bullion is set to post the first monthly gain since July after a run of losses prompted by the development of effective coronavirus vaccines. Over 2020 as a whole, gold has benefited from a steady weakening of the U.S. currency since it peaked in March, as well as from unprecendented fiscal and monetary stimulus.

Spot gold rose as much as 0.7% to $1,896.70 an ounce, and traded at $1,894.02 at 9:25 a.m. in Singapore. That would be the highest close since Nov. 6. Silver for immediate delivery rallied as much as 3.6% to $26.7601 an ounce. The Bloomberg Dollar Spot Index fell as much as 0.2%.

Related news:

Trump Signs Virus Aid Bill After Panning $600 Stimulus Checks Trump Says House to Vote to Increase Checks to $2,000 Dollar Weakness to Continue, UBS Private WM Says (Video)

The relief package will likely be the last major legislation signed by Trump, whose re-election hopes were dashed in large part due to his handling of the pandemic. President-elect Joe Biden has said he will push for even more stimulus after taking office early next year.

— With assistance by Jake Lloyd-Smith

Sent from my iPhone

To: carranza2 who wrote (166440)	12/28/2020 12:07:08 PM
From: Roads End	Read Replies (1) \| Respond to of 218621

The Zulaf interview was recorded in 2018. The time stamp depicted on YouTube eg "1 week ago" should be ignored. I'm guessing the time stamp has more to do with the last time the piece was edited, but just a guess.

To: carranza2 who wrote (166440)	12/29/2020 3:53:48 PM
From: TobagoJack	Read Replies (1) \| Respond to of 218621

XOM ... let’s see how it concludes zerohedge.com Abnormal Exxon Option ActivitySubmitted by SpotGamma XOM stock has bounced sharply since November as positive news regarding Covid vaccines sparked a relief rally. [url=][/url] Much of the way traders expressed their bullish sentiment was in call buying, with 11/9 seeing an incredible surge in XOM calls – but this was also seen in other “back to normal” stocks like Carnival Cruises (CCL). With lack of further clarity around when things actually get back to normal, this call volume was subsided, and the stock is hitting resistance. [url=][/url] Note the chart here which shows XOM vs the preeminent “stay at home” stock, ZM. The 11/9 vaccine news drove a sharp dichotomy in performance. [url=][/url] This rapid call activity has greatly changed its options profile over the last several weeks. You can see in the table below that call volume has greatly outpaced put volume over the last five days. [url=][/url] What is interesting is that despite this heavy call volume the stock has not shifted much higher. Our models indicate $42 as a heavy resistance area due to the concentration of options positions at the 42 strike. [url=][/url] This 5 day chart below that the price rejected several tests of $42, and the stock may further consolidate until more clarity arrives around the country re-opening. Mix in the GA elections which could spark some charging political winds in regards to the oil industry which furthers our view that XOM’s run is due to pause. [url=][/url]