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remember the Fleece, so aptly named, which promised unending youth and wealth.
to the fatuous Argonauts who perished tragically.
Ps: and for Jimbo, there again is Nancy Kovack!
I really can't explain it either. Perhaps it is the car crash concept. This whole thing is gonna go down. Things that cannot go down, will not, but I do feel for older ameicans getting stolen from../ and this kind of company targets them at their weakness, their aging, their defenselessness and fatuousness.
Why do people on this board write negative posts continually about AVXL? For the same reasons people love to watch NASCAR races. They love the car crashes. They love watching them the bigger the better. If you have never been to a nascar race in the hot sun, you don't know what I am talking about. They will wait 3 hours under the burning sun for a spectacular 7 second multi car pile up.
you are playing a version of russian roulette. Not good. Evidently you don't care about macro concepts and fundamentals which serve macro trends always and at all times. You are just a gambler. Like the americans being pulverised in our foreign policy, as we are hated all over the world. doubling down again and again. You are way too old to gamble like a 26 year old. You have never been wiped out. Stay tuned.
if you are just making things up, which is far more likely, well then that is ok for sure. after all, this is a chatboard, nothing more.
Biotech people on the dole their entire professional lives are being mistreated!
I thought we had such good news this weekend and today was supposed to be a smashing up day? After all the oligarchs borrowed another half trillion to keep their paychecks coming over the weekend. What is wrong with that? Everybody's doing it, everybody's doin it. Stock should be blasting higher and screaming upwards. Buy Buy Buy!
coming right up Jimbo, Here's Nancy, who stole every scene in hollywood she was ever in; graduated with high honors from U. Michigan which back then was an excellent school, in just 3 years, also won every beauty pagent and stole every scene. Retired after just 10 years married the Director of the LA Philharmonic is still around, married 50 years. Great genes. She was too good at the roles she was in, which was true btw, and complained that she never once got a dramatic role for a real person. That too, is true. I will hook you up. Still gorgeous. She was a great actress who refused the casting couch, hence no real roles, unlike the usuals who did the casting couch like kim novack lauren bacall ava gardner and hundreds of others who got the great roles. Today the Cali Crazies out there don't like women.
At this point fellas, it is not all Anavex's fault. The equity market is bloated at historic PEs (and other metrics) which are at almost all time highs. Against this monopoly economy? The part time "side hustle" (a new american phrase btw) job economy? Where 10 months ago Goldman promised a recession, and 5 months ago, then said there is only 1 in 5 chance of a recession? There you go Bas, it proves your point about manipulation. Trust me, when the 3 most powerful companies in America (except for Goldman and JP Morgan), which are Blackrock, State Street Advisors and the Vanguard Group (built by Jack Vogel, who said own and never sell stocks)....when these 3 near monopolies start selling in earnest, you are gonna see the hot air swoosh out of the bag and the bagholding, warlike prey items otherwise known as modern americans. So relax, it is not Dr. M's fault! When the Big 3 start selling in earnest, this trickle is gonna be a cascade, what their industry calls cryptically, "a market event." LOL....when stocks go down it is just a market event, but when they go up, GET YOUR MONEY IN, GIVE IT TO US FOR THE LONG TERM! Give it to us right now, every cent in your accountj. We demand your money you fools. We never sell, neither should you!. .You and your stock accounts will be rich just like Warren Buffett. This is exactly how he started!" Swear it's all true!".....LOL
How do you know what the market truly thinks of your stock, once you get your mittens on, leave the echo God Bless Chamber, and walk out your front door?
"Anavex’s Phase 2b/3 Trial of Blarcamesine (ANAVEX®2-73) in Patients with Alzheimer’s Disease Shows Robust Clinical Efficacy and Slows Neurodegeneration
GlobeNewswire
18 days ago"
The Share Price was $7.80 when the company issued its famous news release saying that its drug candidate slows robustly, neurodegeneration, the first drug of its kind in the history of mankind. And yet, the stock has gone down since 22%. How can the market be so wrong? How can it be so darn stupid? The large drug companies that God Bless says in every post for the past year are now vying with each other to buy AVXL, what are they waiting for? Didn't they read this Press Release the fools? A sweeter deal has never existed in world history of investing, as many here view the coming buyout. Dr. Missling somehow cannot get Roche or Pfizer or Sanofi or Biogen to sign on the dotted line? What is with that?
the continuing climb in yields, the jacking up of rates, the threat of at least 1 more rate high has yields climbing, which is bad for gold as it looks like america is getting its house in order. https://mcusercontent.com/b268a38a165b03979d95268dd/files/98e93bf1-4b06-6b0c-1d10-942c0098c220/Chartbook_In_Gold_We_Trust_Report_2023.pdf
a lot of the Calif Crazies on this board are starting to emote emotion against Dr. Missling and Anavex. Most to their credit, suffer in silence. All of the baby Alzheimer's stocks are deflating. The Groups is down from the MEME peak of july 2021 by about 75 to 85%. They never deserved that rash of fresh money from the outside markets. If they did not use it to get cashed up, they would be half their current share prices. It is not to late to jump the sinking ship.
"
Rats!
They fought the dogs, and killed the cats,
And bit the babies in the cradles,
And eat the cheeses out of the vats,
And licked the soup from the cooks' own ladles,
Split open the kegs of salted sprats,
Made nests inside men's Sunday hats,
And even spoiled the women's chats
By drowning their speaking
With shrieking and squeaking
In fifty different sharps and flats."
- The Pied Piper of Hamelin
BY ROBERT BROWNING
Listening to Pied Pipers is no way to invest your hard earned money.
the continuing climb in yields, the jacking up of rates, the threat of at least 1 more rate high has yields climbing, which is bad for gold as it looks like america is getting its house in order. https://mcusercontent.com/b268a38a165b03979d95268dd/files/98e93bf1-4b06-6b0c-1d10-942c0098c220/Chartbook_In_Gold_We_Trust_Report_2023.pdf
how has your advice been the last 6 months? Livermore said beware the subway stock tipper. This stock is in a 17 month downtrend.
I am absolutely CERTAIN YOU ARE CLUELESS with your 30,000 astounding wrong anavex obervations in a row. If you had a red cent, you should give it all to the hundreds of naive retail buyers the past 3 years, who have lost their shirts.
lol...you are probably right. I got a sweet deal. The cali crazies such as you are wildly overpaid that is the scuttlebut I should not share, but hey, every org needs a stupid dept. You are getting your lousy 80 bucks an hour. We at the Cabal high end laugh. Remember, I never said this. You must immeditely tear this message in a bottle up.........you should know your jealousy is not a becoming trait. The calif crazy dregs are better off burnin cities and their geo territories and buildings and cities and what not. You too are overpaid. but hey, we both love the Cabal. They recruited me from a lawfirm.
when you go to shave in the mirror, is the person doing something to you. . what you don't know should be a matter of deep concern.
"they only learn who suffer." - Aristophanes
it is true, the Cabal is paying me. I admit it. $240 u.s. dollars per hour, subject to volume post requirements, with overtime wages on the weekends. you have been right. I am not supposed to admit this btw. I have other clients. My territory is biotech.
"The Sell off isn't done." "The market is coming to gripes with the reality that the FED is not releasing its grip on the interest rate cycle anytime soon."
Gold prices end the week, month, and quarter lower; the selloff isn't done
Neils Christensen
Neils Christensen
Friday September 29, 2023 15:40
Kitco News
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(Kitco News) - The rally in the U.S. dollar and higher U.S. bond yields have proven too much for the gold market as prices look to end the week at a 6.5 month low, and there could be more weakness to come as the U.S. central bank maintains its restrictive monetary policy for the foreseeable future.
It is a trifecta of weakness for gold as the precious metal sees lower prices for the month, the quarter, and the week. December gold futures last traded at $1,865.40 an ounce, down roughly 4% from last Friday. The yellow metal is seeing its worst week since June 2021.
At the same time, gold is seeing its worst monthly losses since February, which represents the low for the year so far. In the last three months, gold prices have lost 3.3%.
Gold's selloff came as U.S. 10-year bond yields pushed to their highest level since October 2007, above 4.6%. Meanwhile, the U.S. dollar index rallied above 106 points, hitting its highest since late November.
"Gold has been holding up fairly well, but investors are now coming to grips with the fact that the Fed is not going to lower interest rates anytime soon. Higher rates are here to stay; because of this, gold got smacked," said Kevin Grady, president of Phoenix Futures and Options.
Although gold prices have seen significant losses this past week, some analysts expect that prices have room to fall further and have highlighted the year's lows just above $1,800 an ounce as the next major target to watch for.
"Bears are clearly in a position of power with the path of least resistance pointing south. However, the Relative Strength Index (RSI) on the daily charts is signaling that prices are heavily oversold, suggesting a potential pullback down the road," said Lukman Otunuga, manager of market analysis at FXTM. "Looking at the technical picture, a breakdown below $1857.5 may open a path toward $1830 and $1810, respectively. Should prices happen to push back above $1857.5, this could trigger an incline back towards $1885."
Alex Kuptsikevich, senior market analyst at FxPro, said that he is also watching support at $1,800 as gold's selloff has created a bearish technical signal as the 50-day moving average crossed below the 200-day moving average; the pattern is referred to as a "death cross."
"While Wednesday's move in gold was impressive, history suggests that this is unlikely to be the final leg of the decline. The case of the previous death cross in July 2022 is very similar to the current one. And back then, the price was down 7%. Even earlier, in February 2021, the sell-off stopped after only a 9% drop; in August of the same year, it was down almost 7%," he said. "It is essential to note that the $1800 area may become where only some bearish gold positions are fixed. It will be necessary to monitor financial market sentiment very closely. With equity indices continuing to fall and long-term yields rising, a further price fall is quite realistic."
Gold's selloff doesn't change the long-term bullish outlook - Saxo Bank
While the gold market has definitely been caught on the back foot, Otunuga added that investors should brace for some volatility next week as the markets will receive important employment data for August.
Along with major economic data, investors will have to navigate a government shutdown as last-minute efforts to fund the government have failed.
Earlier in the week, rating agency Moody's said that a government shutdown, as Congress has been unable to pass any funding bills, could threaten the nation's sovereign debt rating.
"A shutdown would be credit negative for the US sovereign," Moody's said in its report.
"In particular, it would demonstrate the significant constraints that intensifying political polarization put on fiscal policymaking at a time of declining fiscal strength, driven by widening fiscal deficits and deteriorating debt affordability."
Gold could be carving out a base
Jeffrey Christian, managing director at CPM Group, noted that gold's current selloff makes sense as not only are bond yields rising, but the long-end of the yield curve has risen at a faster pace than the short-end, narrowing the inverted spread.
Christian said that this rise in the 10-year highlights improving market sentiment regarding the U.S. economy. However, he added that while recession fears have eased, they have not disappeared. Christian said that his firm's base case is that the U.S. economy will weaken next year into 2025.
"Overall, the economy is holding up really well, so investors don't see any reason to hold gold right now," he said. "However, we still expect to see a recession next year. There are still a lot of risks overhanging the economy that will have to come home to roost. We expect that gold will be building a new base at current prices."
Christopher Vecchio, head of futures and forex at Tastylive.com, said that despite this past week's selloff, he still sees the precious metal has put in a higher floor from last year.
"The move we have seen in bond yields and the rally in the U.S. dollar, gold prices should be closer to $1,700 an ounce," he said.
Vecchio added that investors should not be surprised if gold prices fall back to $1,800 an ounce. However, he also noted that with the Federal Reserve close to ending its cycling cycle and the economy starting to slow, any weakness in gold should be seen as a long-term buying opportunity.
Next week's data:
Monday: ISM Manufacturing PMI, Fed Chair Powell participates in a roundtable discussion
Tuesday: JOLTS Job Openings
Wednesday: ADP employment report, ISM Services PMI
Thursday: Weekly jobless claims
Friday: Nonfarm Payrolls Report
and under the rising dollar scenario, which is making gold (and silver), unenviable to own, why wouldn't the dollar continue to rise? Jay has said he is possibly not finished, data dependent, and Peter Scheff says that the current cycle raises are not enough to stop inflation, true inflation, and that probably another point is necessary, which some say would be ruinous to the economy. Under his scenario, if Powell continues to raise he will cause a significant recession. He does not want a significant recession, he and his wall street brethren. He wants at most a very small one or more a soft landing, a perfect result. Given the information that there are 700 banks in america with infirm commercial real estate they are hold, and bad books, any sort of recession would choke the stock market big time. Shiff says this is inevitable. He was been wrong for 4 years now, at least, but so were the German predictors in the 20s, until they were right and things simply collapsed in the inflated asset markets. Their reality and their financial markets and their economy.
And america is today many times more debt laden than the 70s. We are stretching the GDP ratio, something now like 125 percent and growing debt now exponentially. If this starts to go downhill, slowly but surely, you will see gold tank as it always does in times of market volatility. And silver is even worse. WHICH MEANS: LET THE BAD TIMES COME ON, AND DON'T BUY GOLD AND SILVER UNTIL THE COLLAPSE IS IN FULL SWAY. In all times of market events downwards, gold has gotten crushed and silver even worse every single time in the past century.
This must be somebody's idea of a bad joke. If he wants to spend time at Rotary Clubs or Fire hall raffles. In pro sports this would be called playing out the string.
Definition. 1. For a player to put in his time at the end of his career. 2. For a team to continue to play although it is not in contention.
Play Out The String from the Baseball Dictionary
A Definition of Play Out The String
Term Definition
play out the string
DEFINITION
1. For a player to put in his time at the end of his career. 2. For a team to continue to play although it is not in contention. 1st Use. 1912. (New York Tribune, Sept. 15; Edward J. Nichols).
https://www.sumgrowth.com/InfoPages/Market-Sentiment.aspx
things are trending down.
phase1:
The two events of 2023 were the changing of the direction of the recesson call. Early this year the recession was the consensus, and and gold went down and down until 1680 or so.
in the face of the consumer contining to spend until the recession call became a distinct minority, with Goldman saying it was then only a 20% chance. As a result the bulls took over on wall street, people regained confidence, the S & P rebounded to 4550, and gold moved upward and even approaced 2,025 POG. This range for the 3rd time btw!
Phase 2. More recently the FED has come to what Wall Street is saying (at this momemt) is the end of the interest rate cycle, with several decreases now anticipated for later next year. That is now the consensus. With possibly one more. Jay is a political animal and I don't think he will want it on his record that he did much in an election year. So perhaps we get in November, which is now a less than 50% chance per wall street, or at most in december or Jan, (don't know if the fed meets those months). But that will be it. So with these new imputs there has been a trend change. Gold, sensing "higher for longer" has wafted downwards, back to POG 1848, and the S & P has come off by dropping 250 pts. 4,300_______________
The question is what comes next? The link concurs that things now are moving down for sure.
Why? There is a genuine anticipation that the impact of the hiking cycle has only partially been felt (perhaps half at most), since the impacts generally are felt 14 to 18 months later, and that there is now slippage in various economic indicators.
There is also the firm belief that at the end of every rate hiking cycle there is serious economic hit to the economy, so often a recession as the FED goes overboard with its cycles almost every single time. There is also the residuary belief that inflation is still high, 3.9% and that the FED wants to engineer a nice little recession to squash inflation. Jay Powell is now firmly believed to want to be Paul Volker 2.0.
Conclusion: the market won't be going anywhere fast, it is range bound, and is waiting to see if Jay's rate hiking cycle leads to a recession or soft landing.
_________
The Shiff scenario?
PS: Peter Schiff btw a gold guy and very negative has been saying that inflation is not stopping, it is still much higher than wall street and the government bureacracy publishes (they generally put out very favorable statistics, only to almost without exception revise them much more negatively over the next couple months. The news flow does not however publicize the downward revisions. He predicts this much higher for longer inflation, and this is a doomsday scenario, since he is also predicting that the FED will have no choice to continue to more rate hikes. His scenario is at this moment completely rejected by the consensus by the current financial houses on wall street. His reason is that americans are trapped in a debt economy debt bubble and they are now being forced to give up their shop till you drop habitualted credit card lifestyles where now delinquinies are at an all time high, etc...throw in the other sources of debt, and the idiocy of the current regime in dc. If he is corret, rates will need to be much higher in truth for longer, and Jay will have no choice but to hike them 3 or 4 more times even, that the FED is in a box, and this during an election year and that we are already shutting down now, and the consumer will be shutting down going forward, but inflation will still be high, that it is now sustemically ingrained, etc...a severe stagflation which kills public equities. And indeed Yields are climbing and climbing.....
My quesiton: will the FED nonetheless simply flood the economy with liquidity to be out in front of any consumer shut down? Will this then topple the dollar as he predicts. In fact he predicts the dollar is gonna go the confetti route at some point soon, and that we are in effect gonna go the Weimar republic route. with confetti produced dollars and a collapse from monstrous debts in every area you can measure, and that the government meanwhile will be very reluctant in tell the truth through its bureacrat statistic news flashes each and every month. If this does start to topple, you will see a panic in the dc regime and they will defend themselves and be even more dishonest with their stat releases.
This is investing looking first at MACRO environment. There are a thousand economists who do this for money but you can throw out the 250 that work for fed and treasury. They are gov flunkies in it to protect their control of the environment. paid shills more or less.
16TH CLINICAL TRIALS ON ALZHEIMER'S DISEASE (CTAD)
BOSTON, MA (USA) OCTOBER 24-27, 2023
I have been waiting for over 10 years at the front desk here. Can somebody come out from the back and provide a little service for a customer? Me and my family have driven here all the way from Alaska.
where and when is our company presenting?
https://www.ctad-alzheimer.com/poster-presentations-2
I wouldn't issue any more trial results either if the stock is gonna go down 40 to 50 percent every time I do. As Archie Bunker said, the way to stop airline hijackings is to arm all the passengers.
I think we could see a multi month collapse in equity markets and the metals, circa 2008, 2001, 1929. Whenever the markets collape, precious metals get crushed as well. Jay Powell wants to engineer a nice little recession, as inflation is still way too high. Don't fight the fed. The ameicans are easy to push over the ledge. They are debt engorged like pigs. The good news is that the Brits and germans and french are gonna down much faster and farther. Europe is gonna go to the lowest rung on the economic ladder of hades. A continent of tin cup people, wanting so desparately to make war but unable to buy a lunch for themselves.
At close: 4:00 PM EDT
6.51
-0.04
(-0.61%)
After hours: 5:28 PM EDT
seriously doubt Raja is getting pregnant these days. Flaxseed is excellent food for earthlings to consume.
Ten Star Post. but they said this 9 years ago. I was here. And what about the new mystery trial the CEO of the corporation said was being planned? And what about................his press releases are masterful. Designed to trigger elderly biotech invester Oxford people. He is masterful. A clever man.
in the meantime, somebody said avxl would be at 6.50 on friday. impressive!! Not exactly a pincushioned person.
I don't know if what you say is true, but as Kund would say, Where is the DATA after a dozen years? Lots of PRs. Wallstreet has completely laughed at this tiny biotech with the dicey PRs and things that never are returned to. Wall STreet knows it has seen enough of the promises promises promises. It is confident in its assessment.
i dumped everything earlier....the argument for owning metals in a raising interest rate environment gets stronger every day. There is no argument.
Kund posts a devastating quote. And because it is true, how many here put their hard earned money into anavex 4 or 5 or 6 years ago, based on a clumsy foolish deception? And left it there all these many years? The market too was deceived. It is in the process of re-evaluating. Not through either.
I am sorry. The odds of a drug getting approval is probably 1 in 100. Not a scenario for people who want to invest to raise their standard of living and enjoy a measure of freedom. 1 in 100
and so far, Anavex is selling a magical elixers ..........(all gussied up as a "molecule" or compound or god knows) and after 12 years, there are no tangible results. Just a "signal" (more biotech investor jargon) here or there. They say. They say that. That is what they say. Amidst very dicey news releases the market has had quite enough of. It is a good deal if you can get it.
From a Rock Star.
unfortunately it is. Like a casino. The illusion they promote is "for the long term."
that is the "narrative" the financial Establishment promotes 24/7, pounding it into people who know no better. Give them your money. We are all just Warren Buffetts....he is like us. we are like him. The world's greatest stock salesman to unsophisticated people who know no better. He is quite the con man that old codger! salute him. Cons and frauds like him have been around for centuries. The alchemists, the necromancers, the palmist, the fortune tellers, the prophets, the crooked card sharks, the organizers of terrorism in the dark the naive baby like tax payers who are woefully overmatched, don't see, the list is endless. Every age, every century has these establishmenet hustlers.
virtually none of his points are valid and you are ignorant retail. You have no idea. As Richard Russell said, retail investors exist to pay for the ideas of wall street (what we today call the Elites). Retail has no idea this is what they are about.
You and alll the elders here should be thanking me. I used to get thank you emails, now just hateful ones, from people who bitterly do not know whether to shit or go blind, so many who have worked in the government, these low levels, or corporate peeps who should never be permitted to run their own money.
Admit your fate, get out. Admit your reality and find something else to do with your time. because when you lose all your money, as amateur retail does, you are gonna feel like a fool You are involved, the probabilities and signals thus far say, in a dodgy nasdaq company where they can dilute to keep it going, and you are just along for the ride, you and other seniors who have no idea. Admit your fate. It is the best thing in your life, to do.
The moon, and the stock market more so, is a harsh mistress.
Like being at a casino,: when you lose all your money, no matter how long you stood at the gambling table and bet and bet and bet, ....they will then nudge you and tell you, that you must leave. You must give up your spot at the table. You are not wanted. they need new suckers. so please step aside, go home.