Lorimer is one of TalkMarkets' most prolific contributors with more than 2800 articles, and +10,000 followers. He focuses primarily on AI hardware (semiconductors) and software (application) stocks, LP & MSO cannabis stocks and psychedelic compound-based stocks.
Lorimer is one of TalkMarkets' most prolific contributors with more than 2800 articles, and +10,000 followers. He focuses primarily on AI hardware (semiconductors) and software (application) stocks, LP & MSO cannabis stocks and psychedelic compound-based stocks.
less
Latest Comments
5 Questions To Ask Your Advisor
The following articles expand on what has been said above:
1. 10 signs that you are working with a bad investment advisor
(www.munknee.com/10-signs-of-a-bad-investment-advisor/)
2. A Field Guide to Lousy Investment Advisers/Financial Advisors
(www.munknee.com/a-field-guide-to-lousy-investment-advisersfinancial-advisors/)
3. Is It Time To Fire Your Financial Advisor?
(www.munknee.com/is-it-time-to-fire-your-financial-advisor/)
4. Should You Fire Your Financial Advisor? (6 Warning Signs)
(www.munknee.com/telltale-signs-its-time-to-fire-your-financial-advisor/)
5. How Does Your Financial Advisor Measure Up to These 20 Criteria?
(www.munknee.com/how-does-your-financial-advisor-measure-up-to-these-20-criteria/)
6. What You Need to Know About Financial Advisor/Planner Fees
(www.munknee.com/what-you-need-to-know-about-financial-advisorplanner-fees/)
Jim,I look forward to more of your insightful articles.
Understanding The Cryptocurrency Boom (And Its Volatility)
Smith says "developing a fully-informed understanding of the cryptocurrency landscape now -- today -- an extremely important requirement for any prudent investor" and the following articles & infographics do just that:
1. Bitcoins: How to Start Using Them & the Security Issues In Doing So
(www.munknee.com/bitcoins-start-using-security-issues/)
2. Bitcoin: the Ins and Outs Of Everyday Use & What the Future Holds
(www.munknee.com/bitcoin-ins-outs-everyday-use-future-holds/)
3. Ethereum Cryptocurrency Up 10,000% In 16 Months! These 3 Charts Depict the Financial Miracles of Our Crazy Times
(www.munknee.com/ethereum-cryptocurrency-up-10000-in-16-months-these-3-charts-depict-the-financial-miracles-of-our-crazy-times/)
4. Bitcoin Could Reach $10,000 – Here’s Why
(www.munknee.com/bitcoin-could-reach-10000-heres-why/)
Keystone Comes A Cropper
Calhoun mentions that after the State Department issued the permit, Mr. Trump had this to say:
>“It’s a great day for jobs and energy independence,” Trump said, calling the pipeline “incredible” and “the greatest technology known to man or woman.”
That being said, here's a link to a very informative infographic entitled "Trump Revives Canada-to-Texas (Keystone XL) Pipeline: Why?" (www.munknee.com/the-keystone-xl-oil-pipeline-the-pros-cons/) that presents a crash course in:
>the need for,
>the problems with,
>and the benefits of
building the Keystone XL pipeline from Alberta, Canada through the American mid-west to the refineries in Texas.
4 Ways To Indirectly Play The "Weed Rush"
Good for you Jennifer! Your analysis is unique in that you found a few stocks that you can use to play the "weed rush" and all of them trade on the New York Stock Exchange.
I have been following the medical marijuana industry closely and recommend that anyone interested in investing in this market check out the following articles:
1. 5 Marijuana Stocks With Gross Margins Well Above Their Industry Peers
www.munknee.com/5-marijuana-stocks-with-gross-margins-well-above-their-industry-peers/
2. MAJOR Revenue Growth Expected From These 5 Marijuana Stocks in 2017
www.munknee.com/major-revenue-growth-expected-from-these-5-marijuana-stocks-in-2017/
3. The Medical Marijuana Industry: Where It’s Legal & How to Invest In It
www.munknee.com/the-medical-marijuana-industry-where-its-legal-how-to-invest-in-it/
Gold Prices May Rise As US GDP Downgrade Cools Fed Rate Hike Bets
The above article says:
>"Gold prices continue to consolidate after testing a six-week low but positive RSI divergence hints a bounce may be ahead.
>Near-term resistance is marked by the 23.6% Fibonacci expansion at 1263.22, with a daily close above that targeting the 38.2% level at 1280.05.
>Alternatively, a reversal below chart inflection point support at 1241.20 clears the way for testing a rising trend line at 1231.74."
Here's what other authors have been saying about the future price movement in gold:
1. Orbex says in its latest article on TalkMarkets (www.talkmarkets.com/.../two-scenarios-for-gold-rally-or-deeper-retracement):
>Is Gold about to rally from here? There are two possible scenarios:
First is a spike from here, given the fact that the US Dollar Index is suffering below 96.0 areas.
The second scenario would be a deeper retracement with a break of its trend support. This could lead to another leg lower, probably toward 1224, which would be the first immediate support followed by 1216.
The bullish outlook remains unchanged as long as gold continues to trade within the higher lows formation. Otherwise, gold would be at risk to visit 1220 once again."
2. AG Thorson contends in a TalkMarkets article (www.talkmarkets.com/.../metals-and-miners-are-bouncing) that:
>A breakout in the dollar should lead to a 1-3 month rally. Precious Metals and Miners are expected to descend into their 6-Months lows as this occurs...Prices could rally a bit more, but the bounce should finish this week. Once complete, we should see a breakdown below the intermediate trendline.
3. Jordan Roy-Byrne in a TalkMarkets article (www.talkmarkets.com/.../gold--gold-stocks-nearing-a-big-move) says:
>Until Gold breaks $1300 and GDX retests $25 the bias for the next big move...should remain to the downside. That is why we remain cautious.
4. Hubert Moolman illustrates that fact in a graph in an article (www.munknee.com/gold-chart-says-a-massive-move-up-or-down-is-imminent/) that shows that:
">Gold is currently trading near a critical 6-year resistance line that the gold price has to overcome, for the continuation of the gold bull market but, since price has now failed more than four times at the line, there is a great chance that we could see a big drop...When gold breaks through the resistance line, however, we will see a gold rally like that of 1979/1980.
5. Sean Brodrick looks at it slightly differently but comes to the same conclusion, more or less, saying in www.munknee.com/this-could-be-the-most-important-gold-pullback-ever-to-consider-buying-into-heres-why/ that
>IF gold breaks support...then you should buy gold and miners with both hands because that will likely mark the beginning of the next Mega Bull trend. The market won’t really turn bullish on gold again, however, until it pushes up through $1300."
I'd like to hear from anyone who would like to expand on what Alp, Orbex, Thorson, Jordan, Hubert or Sean have had to say.
Is this a turning point? Is gold about to plummet further to its 6-month low or is this the beginning of a new gold bull?
Trader: “Black Swan Events Happen A Lot More Often Than They’re Supposed To”
Former FX trader Richard Breslow says above that:
>Central banks may well be thinking that, because of all the great things that have been done, it’s unlikely there will be another global financial crisis in our lifetime. If this is indeed their view...we’re in a lot of trouble. Black swan events happen a lot more often than they’re supposed to.
This infographic (www.munknee.com/black-swans-9-recent-events-that-changed-finance-forever/) highlights 9 relatively recent “black swan” events that confirm claim.
How High Could Crude Oil Go?
Nadia, I note in your article references to "light" crude oil. I think the readers of your article will be interested in an article entitled "Crude Oil: How 'Sweet' It Can Be!" (www.munknee.com/crude-oil-how-sweet-it-can-be/) that:
>says there are over 160 different oils traded on the market theses days and
>identifies & describes the 3 primary types of crude oil and each of their characteristics.
Gold Rises On Weaker Dollar - Thursday, June 29
Here's what other authors have been saying about the future price movement in gold:
1. Orbex says in its latest article on TalkMarkets (www.talkmarkets.com/.../two-scenarios-for-gold-rally-or-deeper-retracement):
>Is Gold about to rally from here? There are two possible scenarios:
First is a spike from here, given the fact that the US Dollar Index is suffering below 96.0 areas.
The second scenario would be a deeper retracement with a break of its trend support. This could lead to another leg lower, probably toward 1224, which would be the first immediate support followed by 1216.
The bullish outlook remains unchanged as long as gold continues to trade within the higher lows formation. Otherwise, gold would be at risk to visit 1220 once again."
2. AG Thorson contends in a TalkMarkets article (www.talkmarkets.com/.../metals-and-miners-are-bouncing) that:
>A breakout in the dollar should lead to a 1-3 month rally. Precious Metals and Miners are expected to descend into their 6-Months lows as this occurs...Prices could rally a bit more, but the bounce should finish this week. Once complete, we should see a breakdown below the intermediate trendline.
3. Jordan Roy-Byrne in a TalkMarkets article (www.talkmarkets.com/.../gold--gold-stocks-nearing-a-big-move) says:
>Until Gold breaks $1300 and GDX retests $25 the bias for the next big move...should remain to the downside. That is why we remain cautious.
4. Hubert Moolman illustrates that fact in a graph in an article (www.munknee.com/gold-chart-says-a-massive-move-up-or-down-is-imminent/) that shows that:
">Gold is currently trading near a critical 6-year resistance line that the gold price has to overcome, for the continuation of the gold bull market but, since price has now failed more than four times at the line, there is a great chance that we could see a big drop...When gold breaks through the resistance line, however, we will see a gold rally like that of 1979/1980.
5. Sean Brodrick looks at it slightly differently but comes to the same conclusion, more or less, saying in www.munknee.com/this-could-be-the-most-important-gold-pullback-ever-to-consider-buying-into-heres-why/ that
>IF gold breaks support...then you should buy gold and miners with both hands because that will likely mark the beginning of the next Mega Bull trend. The market won’t really turn bullish on gold again, however, until it pushes up through $1300."
I'd like to hear from anyone who would like to expand on what Alp, Orbex, Thorson, Jordan, Hubert or Sean have had to say.
Is this a turning point? Is gold about to plummet further to its 6-month low or is this the beginning of a new gold bull?
Two Scenarios For Gold: Rally Or Deeper Retracement?
To recap: Orbex says: "Is Gold about to rally from here? There are two possible scenarios:
1. first is a spike from here, given the fact that the US Dollar Index is suffering below 96.0 areas.
2. The second scenario would be a deeper retracement with a break of its trend support. This could lead to another leg lower, probably toward 1224, which would be the first immediate support followed by 1216.
The bullish outlook remains unchanged as long as gold continues to trade within the higher lows formation. Otherwise, gold would be at risk to visit 1220 once again."
Here's what other authors have been saying about the future price movement in gold:
1. AG Thorson contends in a TalkMarkets article (www.talkmarkets.com/.../metals-and-miners-are-bouncing) that:
>A breakout in the dollar should lead to a 1-3 month rally. Precious Metals and Miners are expected to descend into their 6-Months lows as this occurs...Prices could rally a bit more, but the bounce should finish this week. Once complete, we should see a breakdown below the intermediate trendline.
2. Jordan Roy-Byrne in a TalkMarkets article (www.talkmarkets.com/.../gold--gold-stocks-nearing-a-big-move) says:
>Until Gold breaks $1300 and GDX retests $25 the bias for the next big move...should remain to the downside. That is why we remain cautious.
3. Hubert Moolman illustrates that fact in a graph in an article (www.munknee.com/gold-chart-says-a-massive-move-up-or-down-is-imminent/) that shows that:
">Gold is currently trading near a critical 6-year resistance line that the gold price has to overcome, for the continuation of the gold bull market but, since price has now failed more than four times at the line, there is a great chance that we could see a big drop...When gold breaks through the resistance line, however, we will see a gold rally like that of 1979/1980.
4. Sean Brodrick looks at it slightly differently but comes to the same conclusion, more or less, saying in www.munknee.com/this-could-be-the-most-important-gold-pullback-ever-to-consider-buying-into-heres-why/ that
>IF gold breaks support...then you should buy gold and miners with both hands because that will likely mark the beginning of the next Mega Bull trend. The market won’t really turn bullish on gold again, however, until it pushes up through $1300."
I'd like to hear from anyone who would like to expand on what Orbex, Thorson, Jordan, Hubert or Sean have had to say.
Is this a turning point? Is gold about to plummet further to its 6-month low or is this the the beginning of a new gold bull?
Time To Short Tech & Long Small Caps
Chris says "It's Time To Short Tech & Long Small Caps" but the article/infographic "Is Short Selling Worth It?" (www.munknee.com/is-short-selling-stocks-worth-it/) conveys that such action has all kinds of intrinsic risks and costs that need to be understood before it should be used as a tactic. It is well worth the read before you do any short selling.
What do you think?