Central Bank cheat sheet
by MadMoneyOnCNBC
Reuters: Broadcom’s $2 billion warning rattles global chip sector
https://www.reuters.com/article/us-huawei-tech-usa-chipmakers-broadcom/broadcoms-2-billion-warning-rattles-global-chip-sector-idUSKCN1TF0O1 Broadcom Inc sent a shockwave through the global chipmaking industry on Friday with its forecast that U.S.-China trade tensions and the ban on doing business with Huawei Technologies would knock $2 billion off the company’s sales this year. Huawei accounted for about $900 million, or 4%, of the company’s overall sales last year. Broadcom, … Read more
Does the Chewy IPO instantly make anyone else think about Pets.com right before the .dom crash?
Tech bubble 2.0. It's https://t.co/J3uFVtyg1l all over again. But remember, no signs of excess……at all. pic.twitter.com/3pELjdXcHm — Liberty Street News (@LbrtyStreetNews) June 15, 2019 h/t Bee
George Soros buys two wins in Virginia elections
Watch the latest video at foxnews.com Liberal billionaire George Soros picked up two wins in Virginia this week when two prosecutor candidates he backed ousted incumbents in local Democratic primaries — after he poured nearly a million dollars into their campaigns. Soros, known for backing left-wing causes across the globe, used his Justice and Public … Read more
Semiconductor Billings Full Bear Status, Sentiment Is Extremely Polarized, Retail Investors Have Been Loading Up on Puts
Semiconductor Billings Full Bear Status Retail investors have been loading up on puts AS we have been saying SENTIEMNT IS EXTREMELY POLARIZED and COMPELTELY SUPPORTS A BLOW OFF – if this is not scary for sellers – I DO NOT KNOW WHAT WOULD BE. (If you are short this is a serious warning) pic.twitter.com/Wr2QSuaZvi … Read more
Which FANG Stock Collapses First and Why
by PeakAndrew I would put them in three groups, from most vulnerable to least: Netflix, Facebook/Google, Amazon/Apple. Reasons: – Netflix is greatly overvalued even for a growth company and has a single revenue source with real competitive headwinds. – Facebook and Google are single revenue source companies with significant regulatory risk and are somewhat overvalued … Read more
My portfolio hit 600k!
by timeinthemarket I made a post last year when it hit 500k so here’s another one. Below is a picture of the growth this year. Portfolio 6/9/19 I track my portfolio on a monthly basis so the 600k total is from 6/9/2019. Started tracking in 2015 when I was sitting at 293k. Started to get … Read more
India retaliates in tariffs tit-for-tat with US
https://www.livemint.com/news/india/india-finally-retaliates-in-tariffs-tit-for-tat-with-us-1560504965702.html The move comes ahead of the meeting between Modi and Trump on the sidelines of the G20 summit in Japan. New Delhi has decided to impose long-pending retaliatory tariffs on 29 US products. Washington had withdrawn duty-free benefits for Indian exports under its Generalized System of Preferences (GSP) effective 5 June. The retaliatory tariffs … Read more
VIX did a classic trap Friday
via @hks55: $Vix did a classic trap friday. Marginal break below the trend line everyone is watching to get sheeple to short it but held the 50 day moving average. Classic, classic false break trap. This is big money generating alpha.There will be a large move up in the vix monday. Watch. In fact, the $VIX … Read more
Covenant-lite share of US leveraged loan outstandings continue to hold at ~79%. That’s roughly $950B of what’s now a $1.2T market
via @lcdnews: US #leveragedloan segment lost 0.22% in May, pretty much in the middle of the pack, and far better than #highyield and equities https://buff.ly/31oSuDB ht @abnormalreturns From LCD’s monthly private equity report: Avg purchase price multiple on 2019 European LBOs remains +10x, though down from year ago #leveragedloan #highyield The retail investor flight from US … Read more
The Eurozone is incentivising fiscal irresponsibility with easy money, and low cost of debt is disguising lack of budget discipline
The Eurozone is incentivising fiscal irresponsibility with easy money, and low cost of debt is disguising lack of budget discipline pic.twitter.com/LdPgV8LjQj — Daniel Lacalle Official Account (@dlacalle_IA) June 15, 2019
Fed Likely to Drop ‘Patient’ Word Next Week, Clearing Way for July Cut
When Federal Reserve officials meet next week, they are expected to clear the way for a July interest rate cut by downgrading their economic forecast, tweaking the language in their statement and reducing their interest rate forecasts. The Fed is expected to remove the word “patient” from its statement, signaling that it is ready to … Read more
This is the largest deviation between the fed policy priced by the market and the forecasts last published by the Fed
"this is the largest deviation between the Fed policy priced by the market and the forecasts last published by the Fed."h/t @TayTayLLP pic.twitter.com/rFl8XCLEov — Sunchartist (@sunchartist) June 15, 2019
Nadler’s SECRET WEAPON To End Trump Just Got DEMOLISHED on LIVE TV
https://www.youtube.com/watch?v=ntVI2l9A3UA Virginia Kruta from The Daily Caller reports, Fox News senior political analyst Brit Hume took a shot at Watergate witness John Dean during a Tuesday appearance on “Tucker Carlson Tonight.” Read More/Source/Credit/FairUse: https://dailycaller.com/2019/06/11/br…
Doug Casey: The Deep State Is the Source of Our Economic Problems
by Doug Casey via Casey Research I’d like to address some aspects of the Greater Depression in this essay. I’m here to tell you that the inevitable became reality in 2008. We’ve had an interlude over the last few years financed by trillions of new currency units. However, the economic clock on the wall is reading … Read more
Four insane data privacy scandals, just from this month
by Simon Black For this Friday’s roll-up of bizarre and disturbing stories from around the world, we found ourselves zeroing-in on some ridiculous data privacy violations. Soccer app spies on fans The Spanish soccer (sigh, OK– football) league, known by fans around the world simply as La Liga, knew that most pubs across Europe showing its matches … Read more
Putin: U.S. – Russia Relations Are Getting ‘Worse And Worse’
Russian president Vladimir Putin said relations between Russia and the USA were getting worse and worse by the hour: “Unfortunately, we cannot say anything of the kind about our relations with the US – they are in fact deteriorating, getting worse by the hour. In recent years, the current US administration has already taken several … Read more
Market Crash 2020s Charts & Data | David Jensen
https://media.blubrry.com/silverdoctors/s/content.blubrry.com/silverdoctors/Market_Crash_2020s_Charts_Data_David_Jensen.mp3 Podcast: Play in new window | Download Subscribe: Apple Podcasts | Android | Email | Stitcher | RSS This Metals & Markets Wrap is hosted by James Anderson of SD Bullion. Sideways week in terms of fiat US dollar price action for largely synthetic silver price discovery and gold price discovery derivatives. The spot price of silver sold off to close the week’s trading and will finish just below 15 fiat US dollars … Read more
Tesla Makes Last Hard Push To Break Record Sales This Quarter
By Julianne Geiger Tesla is well on its way to having a record sales quarter, and is currently delivering a thousand cars per day on average this month, Electrek reported on Friday, despite many missed deadlines and sales figures for previous quarters. The push comes US incentives for buying electric vehicles are set to drop again at … Read more
When Underperformance Reaches An Extreme
by Tom McClellan When small cap stocks are outperforming on a relative basis, that is usually a bullish sign for the overall stock market. And small cap underperformance is usually a bad sign. This principle works because small cap stocks tend to be more sensitive to liquidity conditions, either good or bad. So when there is … Read more