Breaking news, updates, and reports on current events.
by Dave Kranzler of Investment Research Dynamics “No one ever loses equity in a bankruptcy case,” U.S. Bankruptcy Judge David Jones said during a status conference in the J.C. Penney case last month. “Equity gets lost long before the case is filed.” Hertz filed Chapter 11 under the U.S. Bankruptcy Code after the market closed on May 22nd. … Read more
by cocoblueworld22 For me it’s just incoming and outgoing calls. I can still text and post this. Idk about anyone else. But conveniently IPhone FaceTime audio also works. Which isn’t a feature that is available on other phones, from what I know. https://downdetector.com/status/t-mobile/map/ TAMPA, Fla. – A large number of T-Mobile, Sprint, AT&T and Verizon customers across … Read more
Either this is wrong, or the Fed's actions are illegal Only CARES funds *directly from Treasury are available for 4003(b)(4)(B) secondary purchases. Beyond that, 4003(c)(3)(B) requires 13(3) collateral. Bonds aren't their own collateral.https://t.co/1Po6hOjPpk@JeffCoxCNBCcom pic.twitter.com/udpG0kqN4C — John P. Hussman, Ph.D. (@hussmanjp) June 15, 2020 BUYING CORPORATE BONDS WHILE STOCKS ARE NEAR ALL TIME HIGHS JUST PROVES … Read more
Former @Harvard Professor Indicted Lieber is charged with lying about his involvement in China’s Thousand Talents Program. The #CCP uses the program to lure foreign experts to bring their knowledge and experience to #China—and rewards them for stealing #intellectualproperty. pic.twitter.com/qY7QaSjQLH — NTD News (@NTDNews) June 14, 2020
Surprise surprise… CAPEX expectation barely rebounded last month. Companies are reluctant to spend capital. Hard to see labor markets going back to normal any time soon. pic.twitter.com/Nt1EJjHrHE — Otavio (Tavi) Costa (@TaviCosta) June 15, 2020 Worried About The Economy? Everything Is About To Get Much Worse.
Place your bets… $SPY chart via @allstarcharts pic.twitter.com/lvUPd21Akh — Stocktwits (@Stocktwits) June 15, 2020 PLACE YOUR BETS: pic.twitter.com/VjDkkLcz7I — Grant Williams (@ttmygh) June 15, 2020
by TRENT_BING Here’s the daily SPY chart for the past six months: Of note: Euphoric peak with low volume Sudden gap down off extreme highs Large intraday moves with increasing volume MACD crossover Also, you could argue the past 3 months are another ‘3 peaks and a domed house’ formation (a smaller version of the … Read more
Bankrupt shares can have risk??!! https://t.co/nENz1UadG0 — Win Smart, CFA (@WinfieldSmart) June 15, 2020 https://twitter.com/GreekFire23/status/1272567969676177408 “Hertz says it expects stockholders to lose all their money in filing for selling more stock” “Hertz Global Holdings warned potential buyers in its common stock offering that it’s almost certain that the equity will become worthless.” pic.twitter.com/jw6fla2zRJ — Hedgeye (@Hedgeye) … Read more
NPR: Coronavirus 2nd Wave? Nope, The U.S. Is Still Stuck In The 1st One Nationwide more than 800 people continue to die day after day.https://t.co/beNi0fkh4m pic.twitter.com/yxUZPcujU9 — M/1_LP (@MI_Investments) June 14, 2020 “The war against the virus isn’t over yet,” wrote a social media user on Chinese microblogging site Weibo. “Everyone needs to persist once … Read more
by KJ6BWB https://www.cnbc.com/2020/06/12/robinhood-traders-are-not-behind-the-rally-and-their-favorites-actually-underperform-barclays-says.html Retail investors speculating in stocks are not responsible for the market’s comeback and their top picks tend to underperform, according to Barclays. The Wall Street firm looked at historic data for Robinhood customers and examined their top holdings and closing stock prices. Barclays concluded there was no clear relationship between Robinhood customers … Read more
by bobbypolitic Go to https://www.cdcfoundation.org/FY2019/organizations and go through all the funding throughout the fiscal years. It’s all Fortune 500 banks and corporations, Coca Cola, Amazon, GlaxoSmith Kline, etc! Do they really care about ‘public health’, or are they backing a medical tyranny? 2018 2017 2016 2015 From the CDC’s foundation’s page: “The CDC Foundation is an independent nonprofit and the … Read more
by Daisy Luther By now, you’ve probably heard of cancel culture. If you haven’t, here’s a definition and an example from Urban Dictionary. A desire to cancel out a person or community from social media platforms. It is characterised by the response of an evil individual when they are shown to be wrong. They will call on … Read more
by Jim Quinn South Philly Italians defending their Columbus statue. pic.twitter.com/6x6LMc4qK7 — David Pinsen (@dpinsen) June 14, 2020 Dozens of people from the group that was protecting the Christopher Columbus statue have now moved to a home in #SouthPhilly, where they believe @PhillyMayor is at. They’re telling him to come out @CBSPhilly pic.twitter.com/1LdYyRpTeA — Matt … Read more
A wonky structure pegs the fund’s future to their mortality Most of those named in the ETF’s documents were not aware The fate of the world’s largest exchange-traded fund rests on the health of a group of twenty-somethings. Thanks to a quirk in the legal structure used to set up the SPDR S&P 500 ETF … Read more
My cousin in law was interested in investing. He opened a Robinhood account. And, he seemed to be enjoying the markets. As many of us do, or have done, he got interested in options. He believed he had “no margin” selected on his account. So, he began buying and selling options. Fast forward to sometime … Read more
by Glock-N-Load a.k.a Donkey A comment from a Yahoo article. I thought it was pretty witty. “11:15 AM Free lunch, medical marijuana, and bus ride to the Convention. Forms distributed for Food Stamp enrollment. 2:30 PM Group Voter Registration for Undocumented Immigrants. 4:00 PM Opening Flag Burning Ceremony Sponsored by CNN 4:15 PM Address on “Being … Read more
by babyishbrisk Tara Reade, Joe Biden’s accuser, went to Time’s Up for help in early January. They refused to help her, citing its nonprofit status and his presidential run Time’s Up is a project of @SKDKnick Biden has paid SKD $806K since Tara asked Time’s Up for help. Is SKD being paid to cover this … Read more
by NilacTheGrim If you kill a black guy — you go to jail for murder. If you kill a white guy — you go to jail for murder. If you kill an asian guy — you go to jail for murder. If a cop kills any of the above, he may or may not get … Read more
by Ed Driscoll We must all be grateful to these very rich, very famous people for making this bold and controversial statement against racism. Who else, after all, will stand up to the very powerful and well-funded shopping-in a-store-absolutely-should-be-a-death-sentence lobby? It’s also good to see that the acting community has recovered from Ricky Gervais’s cruel … Read more