Next Week’s Financial Calendar

by UAoverAU Eastern times. TUESDAY, MAY 26 8:30 am Chicago Fed national activity index for April (March -4.19) 9 am Case-Shiller home price index for March (Feb. 4.2%) 9 am FHFA home price index for March (Feb. 5.8%) 10 am Consumer confidence …

READ MORE

What could possibly go wrong? The number of accounts, trading activity, and options speculation has never been higher among the bored-at-home-wearing-sweatpants crowd.

It's a retail investor trading orgy. The number of accounts, trading activity, and options speculation has never been higher among the bored-at-home-wearing-sweatpants crowd. pic.twitter.com/zr7ZIG22PE — SentimenTrader (@sentimentrader) May 23, 2020 Your ETF stat of the day… Number of Robinhood users …

READ MORE

What angers me more than anything is Powell going on national television saying he has no limits he can buy everything. This just further incentivizes people to do the things that causes the economy to need never ending intervention stimulus moral hazard no growth inequality

https://twitter.com/hks55/status/1263893715803922433 Hertz Likely Filing Ch 11 + Robinhood Bagholders Story: https://www.wsj.com/articles/hertz-preparing-bankruptcy-filing-as-soon-as-friday-night-sources-say-11590182538 Robinhood holders buying the shit out of this as the stock cratered: https://robintrack.net/symbol/HTZ If someone did an inverse ETF for the top 20 Robinhood holdings I’d consider buying it. The dumpster …

READ MORE

If You Think We Are Going To SPX ATH This Year On The Macro Data & Political Risks We Are Facing Than That Is Fine – It’s Your Side / View I Am Happy For The Liquidity To Take The Other Side

https://twitter.com/VolatilityQ/status/1264112350308769792 Volume spiked in March and is now falling. SPY's volume is now -64% below its 3 month average, while the S&P is under its 200 dma When this happened over the past 20 years, U.S. stocks ALWAYS pulled back …

READ MORE

Who isn’t cutting jobs? You know what first thing a broke middle class employee with two kids does when they lose their job and can’t make the mortgage. Take the penalty and cash in the 401k. Companies need to sell stock, boomers, and now working class. Market on borrowed time

https://twitter.com/hks55/status/1263914696513650693 Dell Halts 401(k) Matching, Pay Raises, Hiring to Preserve Cash JP Morgan: "We raise our forecast of the unemployment rate and expect it to stay above 10% through year-end" "We are less confident in 2021 growth prospects and see …

READ MORE

Marc Lasry says the market will eventually realize the U.S. will be in a recession ‘for a while’… Banks will struggle to generate profits even as the global economy recovers

Marc Lasry says the market will eventually realize the U.S. will be in a recession 'for a while' https://t.co/zGwTEIB74C — CNBC (@CNBC) May 21, 2020 Banks will struggle to generate profits even as the global economy recovers, IMF says https://t.co/L2cYMF9xcY …

READ MORE

Imagine Fed’s surprise when they realise that another Deflationary Bust is developing…. despite flooding the system with money….!

Imagine Fed’s surprise when they realise that another Deflationary Bust is developing…. despite flooding the system with money….! https://t.co/NYZkvXlLxG — Henrik Zeberg (@HenrikZeberg) May 21, 2020 Again. The Fed just bought another $80b in mortgage backed securities. It accounted for …

READ MORE

Just the brrr-ginning$

Just the brrr-ginning$ pic.twitter.com/N3mJlezh8f — James Henry Anderson (@jameshenryand) May 21, 2020 78 Central Banks around the world have cut interest rates in 2020… pic.twitter.com/b3RSx9hiLY — Charlie Bilello (@charliebilello) May 21, 2020

Facebook buys Giphy for $400 million, Microsoft Acquires Softmotive, Uber looking to buy Grubhub, Apple buys Next VR for allegedly $100 million

by EmployerOfTheMonth Lots of acquisitions buy big tech this month, what are your thoughts? https://www.axios.com/scoop-facebook-to-buy-giphy-for-400-million-4a75a359-833b-484d-b15b-87e94d3de017.html https://techcrunch.com/2020/05/19/microsoft-acquires-robotic-process-automation-platform-softomotive/ https://www.bloomberg.com/news/articles/2020-05-14/apple-acquires-startup-nextvr-to-gain-virtual-reality-content https://www.reuters.com/article/us-grubhub-m-a-uber/uber-offer-for-grubhub-fans-worries-over-delivery-fees-charged-to-restaurants-idUSKBN22Q1Q4    

Retail has the largest long call option position in history. Citadel is about to take all their money. I can promise you that.

https://twitter.com/hks55/status/1263518901222113285 Why would you not going into a long weekend max long call options with soaring unemployment, leaders of the two biggest countries fighting, pandemic spreading, and no announced earnings revisions. Only thing I can think of more bullish is …

READ MORE