Breaking news, updates, and reports on current events.
Check IRS.gov for the latest information: No action needed by most people at this time IR-2020-61, March 30, 2020 WASHINGTON — The Treasury Department and the Internal Revenue Service today announced that distribution of economic impact payments will begin in the next three weeks and will be distributed automatically, with no action required for most … Read more
by HistrionicSlut I got a call from “att”, they left a message saying someone had committed fraud on my account and to call them back. I called the number (already suspicious) and it said welcome to att and had the proper hold music. I got in touch with a guy that gave me a name … Read more
by stacyyines It’s going to be a financial nightmare for many people soon or maybe is already. I just wanted to share some tips as a former collections person (who once repo’d cars 😳) if you might soon be or already are unable to make your car payment. DO NOT IGNORE CALLS OR HANG UP … Read more
Did the Fed Just Accidentally Trigger a Housing Market Crash? By flooding the market with money, the Federal Reserve just accidentally pushed mortgage bankers to the brink of bankruptcy. The Federal Reserve just bought $250 billion of mortgage-backed securities in a bid to strengthen the markets. But the move caused a tsunami of margin calls … Read more
by WSBConsensus Disclaimer: This information is only for educational purposes. Do not make any investment decisions based on the information in this article. Do you own due diligence.
by arzt506 Check this out: https://preview.redd.it/9n087j9y95q41.png?width=1005&format=png&auto=webp&s=5f3d7eadebb16a16665d4fdf00214a7106ed7675 Assuming we continue down here, would be hard to pick a more perfect place for a reversal of this dead cat. Bounced straight off the weekly 200 MA AND the .382 fib of the crash. Just beautiful. The weekly 200 MA has been support for 9 YEARS. You hard … Read more
A much better “tell” on Chinese growth than pumped up state data. @Quillintel@SoberLook pic.twitter.com/tS5sQatzE9 — Danielle DiMartino Booth (@DiMartinoBooth) April 1, 2020 April 1.. good one China pic.twitter.com/8tv4SGKsYz — *Walter Bloomberg (@DeItaone) April 1, 2020 The Asian countries that benefited the most from the trade war fallout have seen meager rebounds vs China which calls … Read more
Emerging markets post record $83 billion outflow in March due to coronavirus shock, says @IIF – $52 bln equity outflow, $31 bln debt outflow. Compared to previous episodes of EM stress … there is no comparison.@RobinBrooksIIF @SergiLanauIIF pic.twitter.com/M8ixtpGp4l — Jamie McGeever (@ReutersJamie) April 1, 2020 https://twitter.com/Birdyword/status/1245149005387952128 A new wave of ASF is hitting #China >>African … Read more
by Hanz-Wermhat Long time lurker first time (non-shit post) poster, felt I would give back some knowledge I have learned recently on how you can use VIX to see how retarded your PUT positions are. VIX is calculated using the pricing of OTM options, the higher the pricing the higher the implied volatility and likelihood of … Read more
by Joesocktwo For the handful of people here who actually understand greeks, this post isn’t for you. For the rest of you numbnuts buying 0DTE FDs, this is for you. Virtually every major crash has a characteristic anatomy You’re on the tail end of the last big upswing before the bottom of the crash. … Read more
by Reptar4President I’m looking at putting some money into a few different small and micro-caps, and one big boy. Thought I’d put them out there and see if anyone has any thoughts on them. Some background: I used to trade individual stocks (we’re not talking much, I had maybe $20k in a fund) but stopped … Read more
by Connorvo We have been looking at unusual insider compensation activity (executive purchases, sales, grants) for a while now and will start posting the previous week’s findings here. It is still a fairly new effort and we need a bunch more time/data to verify the long-term results, but the early findings have been promising. We … Read more
https://www.worldoil.com/news/2020/3/31/oil-selling-below-10bbl-at-key-american-hubs Oil selling below $10/bbl at key American hubs By SHEELA TOBBEN on 3/31/2020 NEW YORK (Bloomberg) –Oil is selling for less than $10 across key North American hubs as the global demand shock from coronavirus leaves crude with nowhere to go. The coronavirus pandemic has hit demand so hard that as benchmark futures plunge to lowest in … Read more
For any bullish investors left, the reality checks are coming thick and fast https://t.co/9ztKPNui76 via @markets — Sam Potter (@SamJPotter) April 1, 2020 Good memo from Howard Marks: “.. assets were priced fairly on Friday for the optimistic case but didn’t give enough scope for the possibility of worsening news. Thus my reaction to all … Read more
By Wolf Richter for WOLF STREET: HSBC and Goldman Sachs have now both come out with estimates about the extent of the collapse of share buybacks. So far into this crash, over 50 companies have suspended share buybacks, accounting for $190 billion in cash that is not flowing into the stock market, representing over a quarter of total share buybacks … Read more
Ron Paul Liberty Report, Released on 3/31/20 Keep your eye on Pompeo! President Trump is understandably distracted by the coronavirus outbreak in the US but in the “never let a good crisis go to waste” mode, the neocons in his Administration – led by Pompeo – are launching their war plots without the normal scrutiny. … Read more
from Daily Market Wisdom with Nick Santiago For more than 20 years, Master Trader Nick Santiago has been beating the markets. He’s made some incredible calls along the way and now he’s looking to spread the word. There’s no reason that the average trader should be coming up short. So now we’ve started a daily show to bring … Read more
by Keith Weiner of Monetary-Metals So, the stock market has dropped. Every government in the world has responded to the coronavirus with drastic, if not unprecedented, violations of the rights of the people. Not to mention, extremely aggressive monetary policy. And, they are about to unleash massive fiscal stimulus as well (for example, the United States government is … Read more
by birdlady27 *Neighbors encouraged to tell on their neighbors to the proper authorities. https://www.clarkcountytoday.com/business/gov-jay-inslee-asks-washington-residents-to-report-those-violating-stay-at-home-order/ *People being followed with drones & publicly shamed https://www.popularmechanics.com/technology/a31708776/police-drones-social-distancing-coronavirus/ slogans “Alone Together” as if that’s acceptable to the human psyche & spirit https://deadline.com/video/coronavirus-social-distancing-psa-alonetogether-mtv-comedy-central-viacomcbs/ *States threatening to “permanently” close any churches or places of worship not in compliance https://www.catholicnewsagency.com/news/nyc-mayor-threatens-permanent-closure-of-churches-defying-coronavirus-ban-64073 *Military mobilizing troops & tanks … Read more
