By Egon von Greyerz Well, right on cue, it looks like the endless creation of fake money by the Fed has now poisoned both the stock market and the bond market. The Dow was down 1,000 (3%) points in two days and the Nasdaq down 7% in two weeks. Gold and silver are also falling in … Read more
In today’s show, you will learn what Operation Twist is and if it is soon to be announced, what the recent services and composite PMIs tell us about the health of the global economy, how ISM Manufacturing Prices Paid indicate a peak in Treasury yields, crude oil and the dollar, how Treasury yields are likely … Read more
Max margin debt, extreme low cash levels, no short sellers except bonds and Vix.. there will be no "correction" only financial hell. — Brando (@JungerCommando) March 3, 2021 https://twitter.com/vixsquared/status/1367242794062938114 https://twitter.com/vixsquared/status/1367242115864924160 JP Morgan Is Trying To Offload "Big Blocks" Of Corporate Manhattan Real Estate https://t.co/sVxCnf41Z7 — zerohedge (@zerohedge) March 4, 2021 The most reliable gains tend … Read more
Looks like the Government bans on Chinese Tech will continue! Very good sign for the future of the Drone industry for US based companies considering how DJI dominated for years and many of those fleets have already been grounded and will have to be replaced. Should produce some pretty rapid growth! Anyone who is not … Read more
https://www.bloomberg.com/news/articles/2021-03-02/hertz-the-original-meme-stock-is-turning-out-to-be-worthless TL;DR: Hertz is probably the original meme-stock from last year. Hertz declared bankruptcy, and then for some reason, memers decided to buy the company anyway. Hertz jumped on the opportunity, issuing a secondary offering and raising $29 million before the SEC jumped in and declared the whole mess to be a bad idea. As … Read more
by psychohistorian8 Maybe/hopefully this can be a lesson to other newbies My very first trade was to go and sell a 3/12 Put (for .72 premium) But since I was nervous about my first ever options trade I set buy/close triggers if I incurred 20% losses beyond what I earned (so, buy back if … Read more
Warning! The ICAO airport code for @kefairport and #Reykjavik airport have been raised to Orange – which indicates a high likelihood of imminent eruption. Rescue teams are being put on standby. Coast Guard @gaeslan helicopter to fly over the area shortly. Press briefing scheduled for 1600 — Gisli Olafsson (@gislio) March 3, 2021 People are … Read more
by Charles Hugh-Smith The mutually reinforcing crises aren’t in the future, they’re here now, and Jay Powell’s shuck-and-jive has lost its magical powers to cloak the rot with speculative bubbles. How many more times do we have to watch Jay Powell claim his speculative bubble isn’t a bubble, and that his massive expansion of billionaires’ fortunes … Read more
Suspected terrorist launched attack around 3pm Wednesday in southern town He was shot in the leg by officers after injuring eight people with a blade Three victims suffered life-threatening injuries, another two in serious condition Suspect a 22-year-old Afghan national with drug convictions, local media said Eight people were yesterday wounded in a suspected terrorist … Read more
By Chris Black Who needs gas pumps when you’re constantly locked down? Yesterday I stumbled upon an interesting article about a California city which seems to be totally sold on Elon Musk’s pipe dream. More precisely, Petaluma’s City Council unanimously moved to ban new gas stations, and existing stations will not be allowed to add … Read more
Tennessee is one of the best fiscally managed states in the nation, why should we have to bail out the bad promises of Blue State politicians? #BlueStateBailouts pic.twitter.com/ANPFEXkLtn — Sen. Marsha Blackburn (@MarshaBlackburn) March 3, 2021
Berkshire Hathaway has outperformed the Nasdaq by 14% over the last month. This is the first time this has happened since 2010. Rotation: Tech into Value. pic.twitter.com/Uwskj0SWnR — The Bear Traps Report (@BearTrapsReport) March 3, 2021 Cathie Wood’s Ark Innovation Fund now in bear mkt territory. Has sunk 20% from peak as tech sells off. … Read more
https://www.youtube.com/watch?v=s8qzRIC27Do The European Commission is rolling out “right to repair” rules that will require manufacturers to make parts and knowledge available to clients and third-party professionals to repair appliances and devices. RT America’s Faran Fronczak joins Rick Sanchez to discuss.
by yes_its_him A lot of personal finance advice is straightforward applications of math: Keep expenses less than income. Pay off highest interest rate debts first. Compound growth is your friend. Then there are legal requirements and benefits: Use tax-preferred retirement / HSA accounts. Keep insurance in force. Know how self-employment taxes work. This post is … Read more
Kari Lake: “Journalism has changed a lot since I first stepped into a newsroom… I don’t like the direction it is going. …I’m sure there are other journalists out there who feel the same way.” https://www.youtube.com/watch?v=IVekS3eifvE&feature=emb_title
by Bix Weir of Road to Roota Goldman Sachs has shown itself to be one of the criminal silver price manipulation conspirators! Jeff Currie of Goldman has now made “false and misleading statements” as an Authorized Participant in iShares SLV. Now Goldman is raiding the SLV Inventories as they scramble for 1,000 oz. silver bars FOR DELIVERY ON … Read more
by Chris Vermeulen of The Technical Traders Since shortly after the US November elections, my research team and I have been clear about our research and our belief that the bullish rally in the markets would continue to drive the strongest sectors higher and higher. In December 2020, we shared an article suggesting our proprietary Fibonacci Price Amplitude Arcs … Read more
The “honeymoon” phase of the stock market bull run is coming to a close, and as yields head even higher, stock indices could see a correction on the scale of 10-15%, said Gareth Soloway, chief market strategist of InTheMoneyStocks.com. 0:00 – Stock market valuations 5:10 – Stocks vs. yields 8:29 – Tech stocks fundamentals 11:28 … Read more
by confoundedinterest17 Wow. Everything seems to be surging in price. Yesterday, I wrote about rising food prices along with rising lumber prices. A former Ohio State University student, Brett Reid, asked me about alternative building material prices since lumber is getting so expensive. Well Brett, here are the rising futures prices of steel rebar and iron … Read more
Erika Rose was shocked this month when she sat down to do her taxes and realized she owed $600 to the federal government. She has been on unemployment since April and has spent much of the winter stretching every penny to pay rent and to keep the lights on. On a recent trip to the … Read more