Multiple CEOs stepped down today (02/25): Disney, MasterCard, Salesforce, Uber eats….

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by metalreflectslime Multiple CEOs stepped town today and this week: Disney, MasterCard, L Brands, Salesforce, Uber Eats, HULU, MGM, IBM, LinkedIn, Match.com, Aurora Cannabis and more. Disney: https://abcnews.go.com/Business/wireStory/disney-ceo-bob-iger-steps-bob-chapek-named-69210724 Mastercard: https://www.reuters.com/article/us-mastercard-ceo-idUSKBN20J1LG Salesforce: https://www.msn.com/en-us/finance/companies/salesforce-co-ceo-steps-down-leaving-founder-marc-benioff-in-charge/ar-BB10nWu9 Uber eats https://kvia.com/news/business-technology/2020/02/25/uber-eats-head-steps-down-as-company-focuses-on-making-meal-deliveries-profitable/ I wonder if they plan to retire to a nice resort in New Zealand.    

10Y Treasury Yield Hits Lowest Level In Modern History (Kocherlakota Calls For 25-50 Basis Point Cut)

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by confoundedinterest Mac! Mac! Mac!  While the US Treasury 10-year has just hit modern history lows, the Freddie Mac 30-year survey rate is CLOSE to its all-time low rate!! Meanwhile, former Minneapolis Fed President Narayana Kocherlakota is calling for The Fed to cut rates immediately! The Fed’s rate-setting Federal Open Market Committee holds its next meeting … Read more

Amarin (AMRN) 2/25/2020 AMC – Profit collect later PLEASE

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by HITLERMAHJONG Stock: AMARIN (AMRN) Direction: Bullish Price Target: 20$, 22$ Type: Put Credit Spread Fundamental: Amarin is currently off a slow decline due several weaknesses, most prominent being its patent lawsuit against 2 other companies. This can hurt their profitability and market share, as AMRN currently dominates the heart disease medicine area with Vascepa. In addition, AMRN is … Read more

Its the first time since at least 1927 that the S&P 500 fell this fast in the days after hitting a record

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via theedgemarkets Amid the darkest stretch U.S. stocks since 2018, one thing stands out. American investors are paying dearly for the optimism that drove the S&P 500 at the start of the year. While big declines often follow big run-ups, this reversal — coming after weeks of euphoric buying — has been almost historically violent. In … Read more

China’s Floods The Market With Fuel As Coronavirus Shatters Local Demand

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By Tsvetana Paraskova China’s fuel exports are booming amid battered domestic demand due to the coronavirus outbreak, analysts and trade sources tell Reuters as higher Chinese exports flood the Asian market, which sees depressed demand from the outbreak itself. In the first quarter of 2020, China’s demand for refined oil products will slump by 35.7 percent year … Read more

Lynette Zang: IS CORONAVIRUS THE BLACK SWAN? Get Prepared, Here are The Only Two Outcomes…

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ITM Trading, Released on 2/25/20 Links to slides and sources: https://www.itmtrading.com/blog/is-co… Over the weekend reported new cases and new deaths caused by the coronavirus spiked outside of China. European markets fell near 5% and this morning the Dow opened Down almost 1,000 points. We’ve been wondering where and when the black swan event that would topple … Read more

Bernie’s Still Reciting 1960s Apparatchik Talking Points, Because He’s Basically Still A 1960s Apparatchik

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I went to school in Cuba under Castro. Here’s what it’s like, Bernie Sanders. “You know, when Fidel Castro came into office, you know what he did? He had a massive literacy program,” you told “60 Minutes” host Anderson Cooper. “Is that a bad thing? Even though Fidel Castro did it?” . . . See, … Read more

Trader: No Sign Of A Stock Market Crash, Stocks Close To “Buy Zone”

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by Graham Summers of Gains, Pains, & Capital The market got hit yesterday in a big way, but the selling was well contained. Traders have become way too conditioned to the market doing nothing but going up. As a result, we are in the ridiculous state in which even a single big down day has people talking about crashes. Statistically speaking, … Read more

Chris Vermeulen: STOCK MARKET WATERFALL EVENT STARTED, OR IS THIS A BUYING OPPORTUNITY?

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by Chris Vermeulen of The Technical Traders Over the past 5+ days, a very clear change in market direction has taken place in the US and global markets.  Prior to this, the US markets were reacting to Q4 earnings data and minimizing the potential global pandemic of the Coronavirus.  The continued “rally to the peak” process was taking … Read more