No 2h19 rebound?

"Our Leading Earnings Indicator Paints a Concerning Picture of Earnings Growth" (so no 2h19 rebound?) pic.twitter.com/bzGUYkCMXz — Alastair (@StockBoardAsset) June 1, 2019 US Treasury 10yr is 2.157% or -34bps vs the Fed Fund Upper Rate of 2.5% & look at the last time it did that đŸ„¶ You're prolly wondering why? Look at the Asian … Read more

Seeking Alpha Article Spreads Rumor, Pumps Stock 400% Then Gets Deleted

by Stocks45 FAKE NEWS? OBLN Gets Pumped On Seekingalpha According to Tanzeel Akhtar  of Benzinga, the reason for OBLN’s sudden price increase was due to a rumor started on SeekingAlpha which claimed Johnson and Johnson was considering buying OBLN for $8.00 per share. The article has since been removed, which raises some red flags. Also, if you … Read more

Will Chinese Tech Giants (alipay, we chat) enter our banking system? Bloomberg Thinks so!

You don’t need to watch the video or response: Essentially the argument is China has switched to a cashless economy and will the U.S. Arguments for why the US will: 1) China has, fees are lower (Bloomberg released this video on May 20th https://www.youtube.com/watch?v=SJh_Uir5EMI&t=1s and https://www.bloomberg.com/graphics/2018-payment-systems-china-usa/) Arguments against 1) Banks are quite powerful 2) American consumer is a … Read more

May stock-market selloff marks key monthly reversal that ‘presages deeper declines’

May left a mark. Even before heavy losses on Friday , the S&P 500 was on track to suffer a black eye on the monthly chart in the form of a “bearish key reversal.” That’s illustrated in the candlestick chart below, from a Thursday note by George Davis, chief technical strategist at RBC Capital Markets: Key reversals … Read more

China Threatens Sweeping Blacklist of Firms After Huawei Ban [Bloomberg]

“China said it will establish a list of so-called “unreliable” entities it says damage the interests of domestic companies, a sweeping order that could potentially affect thousands of foreign firms as tensions escalate after the U.S. blacklisted Huawei Technologies Co.” ​ At this point in time this is just posturing since they haven’t actually done anything yet … Read more

World stocks at critical support – if level breaks, further downside coming

world stocks at critical support – if level breaks, further downside coming pic.twitter.com/M2wq1jm9vk — Alastair (@StockBoardAsset) May 31, 2019 the global slowdown is real – america is not an economic island pic.twitter.com/2OTmZKQpJY — Alastair (@StockBoardAsset) May 30, 2019 and down we go pic.twitter.com/lnpegUsKcv — Alastair (@StockBoardAsset) May 30, 2019