Wells Fargo slow recovery

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by WorkPiece What am I missing? JPM up 18% off lows BAC up 30% off lows C up 40% off lows GS up 37% off lows MS up 44% off lows USB up 20% off lows TFC up 40% off lows PNC up 30% off lows COF up 54% off lows BK up 31% off … Read more

THE DEATH OF EQUITIES REDUX: The Booming Market for Gloom.

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via commentarymagazine NBC News speculated that the shift millions of Americans have made to working, learning, and interacting with friends and family online will be difficult to roll back. “The major question will be whether ‘normal life’ ever returns,” this report concluded. And what about those of you who enjoyed socializing in the Before Time? Presumably, you … Read more

Company layoffs accelerate as recovery appears elusive… 9,000 Catholic churches received PPP loans meant for small businesses

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Company Layoffs Accelerate as Recovery Appears Elusive General Electric, Airbnb, Uber among employers planning job cuts Corporate America unveiled another wave of job cuts and warned of additional reductions, as executives signal they are resigned to a lengthy coronavirus-induced economic downturn. This past week, General Electric Co., Uber Technologies Inc. and Airbnb Inc. said they would lay off thousands of workers. MGM … Read more

Celente: Market Spike A Fraud. ‘Greatest Depression’ Has Begun

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Trends Research, Released on 5/8/20 Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered … Read more

Mannarino: EXPECT The Fed Balance Sheet To Quadruple! Stocks To SKYROCKET

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TradersChoice.net, Released on 5/8/20 Gregory Mannarino started his career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. After realizing that working on Wall Street was not like the movies, he moved on to get a medical degree and practiced medicine as a Physician Assistant. He also served … Read more

Is The Tesla Bubble About To Burst?

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By Nawar Alsaadi I started trading stocks in the late 90s, it was an exciting time; the internet was coming of age, and investors, or rather day traders, were extremely excited about the riches of this new digital era. I was in my early 20s, and I had very limited investing knowledge at the time, … Read more

Revealed this week about RussiaGate: Everything the MSM told you was a lie. Everything Congressional Democrats told you was a lie. Everything the “Intelligence Community” told you was a lie.

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Revealed this week about RussiaGate: Everything the MSM told you was a lie Everything Congressional Democrats told you was a lie Everything the "Intelligence Community" told you was a lie Everything we told you about the Russia Hoax was the Truth Nobody on the left cares — Carpe Donktum🔹 (@CarpeDonktum) May 9, 2020 The Federalist: … Read more

The ECONOMIC COLLAPSE Is Based On A LIE! – Is This A MANUFACTURED CRISIS?

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Ron Paul interviewed by Josh Sigurdson via WAM Josh Sigurdson talks with Former Congressman Dr. Ron Paul of The Liberty Report about the collapse of the global economy due to a stunning exaggeration and lie. As people are left without a job, will we see stagflation? Hyperinflation? How will people react when they realize the lie they’ve been told? … Read more

Elon Musk to relocate Tesla HQ California over coronavirus restrictions..updated lawsuit info

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Now sues california…In the latest clash over coronavirus-related restrictions, Tesla chief executive Elon Musk said Saturday that the company would file a lawsuit and seek to move its headquarters out of California after local officials again prohibited the electric car company from restarting vehicle production. Tesla on Saturday filed a lawsuit against the California county … Read more

J.C. Penney ‘will file for bankruptcy and plans to permanently close around 200 of its stores

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 Sources have told Reuters that J.C. Penney is preparing to file for bankruptcy protection as early as next week  While the company is aiming to reorganize and reemerge, it reportedly plans to permanently shutter around 200 of its 859 stores J.C. Penney was first established in 1902, and  currently employs nearly 85,000 people across  49 … Read more

If you’re trying to remember how 2008-2009 played out

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If you’re trying to remember how 2008-2009 played out 🤔 https://t.co/6IZ54SnfwF — Reminiscences of an American Capitalist (@4Awesometweet) May 10, 2020 23 U.S. companies cut to junk so far this year, more than 3x number in first half of 2019 … more downgrades likely with many firms still clinging to lowest rung of investment grade … Read more

How to estimate option leverage

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by rwhit9 I though I would share a quick tip. Estimating option leverage is a helpful way to help understand the risk/reward of an option position. The calculation is simple: current leverage = (delta/option price)*current stock price. Recap: Delta is an estimate of how the value of an option changes for each $1 move in … Read more

Canada Mortgage: Defaults to Jump, Originations to Tumble, Sales to “Suffer”

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#Canada Mortgage: Defaults to Jump, Originations to Tumble, Sales to “Suffer” -New mortgage originations could fall by 35-40% Q2 & 3 -Moody’s forecasting a 10% decline in home prices -Material increase in delinquency rates when mortgage deferrals expirehttps://t.co/BiJDuOthiZ pic.twitter.com/Js6dhDKOqV — Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) May 9, 2020