The Shale Boom Might Not Last Long

By Nick Cunningham U.S. shale is growing at a scorching rate, but will the shale industry be around for the long haul? A new study calls into question the heady projections for shale oil and gas, arguing that expectations of huge …

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#VIX was seen as sure thing — until it suddenly wasn’t anymore: Inside Wall Street's $8bn VIX time bomb.

  https://www.bloomberg.com/news/videos/2018-02-07/a-crash-course-on-the-rise-and-fall-of-the-hottest-trade-video   Before whirlwind, banks turned volatility into the hot item VIX was seen as sure thing — until it suddenly wasn’t anymore https://www.bloomberg.com/news/articles/2018-02-06/volatility-inc-inside-wall-street-s-8-billion-vix-time-bomb?utm_medium=email&utm_source=newsletter&utm_term=180207&utm_campaign=ritholtz L O L $VIX pic.twitter.com/QQXjX3bd1i — Alastair (@StockBoardAsset) February 7, 2018 h/t @Schuldensuehner

Did Rare Event Signal Capitulation?

by Dana Lyons This week’s epic selloff included back-to-back 90% Down Days on the NYSE; was it the usual sign of capitulation? Waterfall-type declines like we’ve seen in the stock market this past week typically end when the last holdouts give …

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Bottom's In—Not!

By David Stockman Flush. Rinse. Repeat. BTFD! Well, you could also give a good whack to the weak hands, burn the over-boughts, call in the sideline cash and get giddy about the fundur…mentals! After all, the man on bubblevision said nothing has changed since the January …

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Congressmen: San Francisco is retroactively applying marijuana legalization to prior convictions dating to 1975, which means that thousands of felonies and misdemeanors will be re-sentenced or dismissed. This is how we begin to end the failed “war on drugs.”

  San Francisco is retroactively applying marijuana legalization to prior convictions dating to 1975, which means that thousands of felonies and misdemeanors will be re-sentenced or dismissed. This is how we begin to end the failed “war on drugs.” https://t.co/r1gAl7TnQL …

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