Page 19 - Predict Future News Today : Breaking News, Live Updates & Top Stories | Vimarsana

GDP The US economy is recovering fast from the corona crash with annualised GDP down just 2.8% for Q3, a remarkable performance and far better than most western nations. Whilst it is a bit early to suggest an economic boom for 2021, still everything is pointing towards at least a 2.5% gain for the year, where the US housing market is LEADING the recovery, which given potential momentum of 10% implies US GDP for 2021 should easily exceed 3% and could nudge above 4% by the end of 2021. Which means that the US will have more than recovered from the pandemic crash by the end of 2021. US Unemploy...

Lets start with the daily bar combo chart for the PM complex which shows the August trading range still under construction making lower lows and lower highs for the most part. Below is the daily bar PM combo chart showing the possible H&S tops. Over the last couple of weeks most of the PM stock indexes have formed a small blue consolidation pattern right around the neckline with most of them breaking out to the downside today. The thumbnail on the right side of the chart shows a breakout gap yesterday in most cases. Below are some charts for the HUI that are pretty self explanator...

Stocks are predictably staging a continued recovery from the mostly sideways correction – a shallow one not strong enough to break the bulls‘ back. Credit markets are largely behaving – with the exception of long-term Treasuries, which I see as highly likely to draw the Fed‘s attention – just as I discussed in detail yesterday. The S&P 500 keeps doing fine, and so does my open position there – in the black again. On one hand, volatility remains low regardless of intraday attempts to rise, on the other hand, the put/call ratio has risen quite high yesterday – it‘s as if ...

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There has been quite a bit of chatter related to precious metals lately.  The rally in Cryptos, particularly Bitcoin, and various other stocks have raised expectations that Gold and Silver have been overlooked as a true hedging instrument. As these rallies continue in various other stocks and sectors, Gold and Silver have continued to trade sideways over the past 6+ months – when and how will it end? Gold Support Near $1765 May Become A New Launchpad My research team and I believe the recent downside trend in Gold has reached a support level, near $1765, that will act as a laun...