Silicon Valley & CENSORIOUS Social Media FINANCIALLY IMPLODING

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https://www.youtube.com/watch?v=pfej557lZLA I’m glad they are all collapsing! This is helping the alternative market and we are seeing a resurgence in patriots fighting against censorship! Bring it on! Zuckerberg continues to try and see how many people he can abuse before his platform destabilizes, while attempting to insinuate that Facebook is able to determine what constitutes … Read more

Anatomy Of A Market Rescue And A Proper Screwing

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by Chris Yesterday’s “”market”” close saw an intense blast of market on close selling pressure.  Lots of selling, and the various indexes in the US all closed right at or very near their lows. When speculators borrow money to put into the equity markets they usually do so with a margin account.  Margin debt is … Read more

CNBC And Enthusiasm

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by Chris Well, sure, CNBC will be smug…but that’s because they have to be. I found this snarky mockup on Twitter this morning capturing the “why” of it all rather well. Heh heh. And, yes, the enthusiasm of this bounce, so far, is a bit underwhelming.  I agree with Dave; the last hour today will … Read more

No Futures, No Game

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by Chris As usual, if you are not a savvy participant playing the rigged futures game, you are pretty much locked out of the bounces. So far today 100% of all the “gains” were locked in the futures market.  None have yet happened in the cash market.  You can easily see this in this cash … Read more

The Volatility Index has more than doubled over the past 6 trading days;#SPX and #NYSE technical, cycle and measured downside targets have not been met

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The Volatility Index has more than doubled over the past 6 trading days, the 9th largest 6-day spike in history. $VIX pic.twitter.com/rqUuFzDqXz — Charlie Bilello (@charliebilello) October 12, 2018 #SPX and #NYSE technical, cycle and measured downside targets have not been met pic.twitter.com/IrtM6w76YJ — mcm-ct.com (@mcm_ct) October 12, 2018 S&P 500: 41% of stocks closed … Read more

Trillions To Vanish From Net Worth During Next Recession

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Here is today’s articles mentioned in this news update: 1. Trillions in US net worth vulnerable to recession: IMF https://www.france24.com/en/20181010-… 2. The Next Recession Could Happen Sooner Than We Think https://www.forbes.com/sites/randybro… 3. When the Next Recession Hits https://newrepublic.com/article/15163… 4. The last time unemployment was this low, we were hit with a recession https://www.cnbc.com/2018/10/08/the-l… 5. The … Read more

Eleven factors have distorted global markets over the past few years, priming the global economy for a sharp pullback.

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via stuff.co.nz: OPINION: Global markets are falling so fast it’s difficult to keep up with the numbers. The Dow Jones industrial average in the US fell 3.2 per cent on Wednesday. In China, the Shanghai Composite was down 5.2 per cent overnight. Virtually all European indexes lost more than 1.5 per cent on Thursday. Britain’s blue-chip FTSE 100 lost … Read more

Gundlach: “Something Bad Is Happening”

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Jeffrey Gundlach believes the U.S. stock market can’t diverge from global equity markets forever. “I said [before] … if the global stock [market] is going to take out the low and put in a new low, something bad must be happening. I don’t think the U.S. can hold in there,” he said Thursday on CNBC’s … Read more

Mike Maloney: Dangerous Territory for Stocks

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Stock market uncertainty is rising on the heels of an 800-point plunge in the Dow yesterday. In this six-minute video, Mike explores the simple ratio that demonstrates the extreme overvaluation in stocks today and how far they still have to fall to reach anything resembling fair value.   Mike Maloney’s Stock Fragility Index Is Screaming … Read more

An aspirin a day may not save lives, in fact it might increase your risk of dying from cancer.

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Aspirin has been prescribed for years to prevent heart attacks. Heart attacks are caused by blood clots that block arteries narrowed by plaque build up. Meanwhile Aspirin reduces your blood’s ability to clot. Theoretically, scientists thought that this should reduce your chances of getting a heart attack, which is why doctors have prescribed aspirin for … Read more

Animation of Manhattan luxury property data

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via sdbernard: [OC] Animation of Manhattan luxury property data byu/sdbernard indataisbeautiful Animation showing just how many new luxury skyscrapers are being built over the next three years. A total of 3.5 miles of vertical height! Sources of data are NYC Open Data and Council on Tall Buildings and Urban Habitat Tools used were QGIS, Blender and Adobe Illustrator I … Read more

US National Debt (And Related Information)

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via CaptainMeap: Several months ago, on a particularly boring day, I had a burning passion to use Excel for something; this was the result. A couple of notes about the graph: This graph is not inflation-adjusted and is computed entirely from dollar values in the given year. I had never made something like this before, so please forgive any … Read more

The Biggest Buyers of American Stocks Are on the Sidelines Right Now: American companies are the largest source of demand for American stocks, and sharp tumbles have come when their buying slows.

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American companies are the largest source of demand for American stocks, and sharp tumbles have come when their buying slows. There are plenty of potential catalysts for the stock market sell-off that has swept through the markets this week. They include rising interest rates, growing tensions with China, expanding federal deficits and increasing regulatory risks for technology … Read more

Patisserie Valerie warns it is on the brink of collapse after the firm uncovered “significant, and potentially fraudulent, accounting irregularities”.

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The owner of Patisserie Valerie has said the cafe chain needs “an immediate injection of capital” to continue trading in its current form. The stark statement to investors comes after the firm uncovered “significant, and potentially fraudulent, accounting irregularities”. It also belatedly discovered HMRC filed a winding-up petition against one of its principal subsidiaries in … Read more

3 reasons that it is a much worse idea to borrow to invest than to invest rather than pay down a mortgage

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by mormengil Reasons are: Margin loans, unlike mortgages, are not fixed in duration, are not fixed in interest rate, are secured on assets at a certain market value (or range) rather than secured on an asset disregarding it’s future fluctuations in market value. The stock market is much more volatile than the housing market. So prices … Read more

A story of how I just got out of paying a $1500 bill, why you should NEVER blindly trust a Debt collection agency, and ALWAYS request proof of a Debt owed.

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by PayLayHAYL_NO I got a call out of the blue a little over a month ago from a debt collection agency, saying I owed almost $1500 from an ambulance ride I took because of me being involved in a car accident OVER 2 YEARS AGO. While on the phone with the debt collector, I looked … Read more

Treasury issues new rules on foreign deals involving U.S. technology

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Treasury officials Wednesday issued new rules requiring all foreign investors in certain deals involving critical U.S. technology to submit to national security reviews or face fines as high as the value of their proposed transactions. The new regulations, which implement a recently passed law to tighten foreign investment reviews, are more expansive than some had … Read more

Some companies might be rated junk already if not for leniency from credit raters

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by COMPUTER1313 April 25, 2018: https://www.bloomberg.com/news/articles/2018-04-25/a-3-trillion-credit-market-has-corporate-bond-investors-on-edge The high-grade bond market in the U.S. already has the lowest credit quality mix since the 1980s, according to CreditSights, and there are signs investors are getting nervous. A Bloomberg Barclays gauge of average corporate bond spreads has surged to a six-month high since since reaching an all-time low in … Read more