The stock market is tanking again! We have seen the stock market wiping out all of the gains from 2018 at this point after so much positivity about growth and employment. My hypothesis remains the same as it has always been: If central banks stop printing money and increase interest rates, stocks will fall. If … Read more
by Mark M. Published on Nov 15, 2018 Douglas Gabriel of the American Intelligence Media talks with Michael Thomas, editor of State of the Nation and other independent news publications, who gives patriots a huge wake up call about the firestorms in California. We need all patriots AWAKE. After you watch the video, please continue … Read more
CDC: Romaine lettuce linked to E.coli outbreak, 1 in CT infected (WTNH) – Just days before Thanksgiving, the CDC is advising that U.S. consumers stay away from romaine lettuce following an E.colioutbreak. On Tuesday, the CDC said any romaine lettuce should not be eaten, and retailers and restaurants should not sell or serve any. This comes after an outbreak of E.coli … Read more
by Kimble Charting This chart looks at Junk Bond Fund (PHDAX) and the S&P 500 over the past 25-years. Junk bonds sent bearish messages “before stocks peaked in 2000 & 2007.” Bearish divergences took place for 24-months in 2000 and 7-months in 2007, prior to stocks peaking and turning much lower. This year Junk bonds have been sending … Read more
https://www.youtube.com/watch?v=mxI5RxB11go so they can’t afford food, but they can afford 70 mil for this nonsense AC
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter So what’s going on here? In the third quarter, the “delinquency rate” on credit-card loan balances at commercial banks other than the largest 100 banks – so the delinquency rate at the 4,705 smaller banks in the US – spiked to 6.2%. This exceeds the peak during the Financial Crisis for these banks … Read more
A useful general home robot, as far as I’m concerned, needs to be able to do three things: fold laundry, wash dishes, and clean toilets. That’s all it would take to make me happy. We’ve seen some attempts at both laundry foldingand washing dishes, but not a lot of bathroom cleaning. Now, thanks to the World Robot Summit (WRS) … Read more
The holiday shopping season is around the corner and retailers are hoping for big time revenue. And retailers may just get their holiday wish. According to an eMarketer study, the projected retail sales this holiday season may be an excess of $1 trillion. The $1 trillion expected will be a huge boost from last … Read more
Ten things need to change for the stock market to come back from its Monday declines, CNBC’s Jim Cramer said as high-profile technology stocks Facebook and Apple led the major averages lower. “When does this rout end? When do the buyers come in? When do the sellers finish?” he wondered aloud on “Mad Money.” “Frankly, … Read more
via eyeball1234: I tried to incorporate as much feedback as I could from my last post. This viz shows the home price for 200 cities around the globe, organized according to an “affordability index” that reflects the ratio of price to income. Home price is shown on the top X axis, the affordability index is … Read more
by Chris I’ve been waiting for the junk debt universe to signal “game on.” It’s doing that now. Along with the credit spreads blowing out (see above) the Credit Default Swap (CDS) market is blowing up and out for junk debt. Now that’s a move. As OptionSellers.com can confirm, when a market busts a move against you … Read more
by Chris The S&P 500 is oscillating by ~10 point increments, up and down…per minute! …a “spirited defense.” Not terribly subtle, but that’s almost certainly the point. I like to call this chart pattern The Inverse Matterhorn.
via asherfergusson: My data sources were mostly government websites: Federal Aviation Administration Bureau of Transportation Statistics U.S. Customs and Border Protection Airports Council International – Aircraft Movements Airports Council International – Passengers Airports Council International – Cargo I visualized the data using Microsoft Excel and added text and other numbers with Illustrator. You can read … Read more
via slopeofhope: This is a cautionary tale. A tale of a fund of nearly 300 clients and nearly $80 million which blew up in the span of hours from a market move that was, in the grand scheme of things, not that big a deal. It illustrates how excessive leverage can completely torch the risk-taker (and, … Read more
https://twitter.com/OccupyWisdom/status/1064723223969959936 wow – credit markets about to blow up? send stocks lower? pic.twitter.com/nqVvCmtBwj — Alastair (@StockBoardAsset) November 20, 2018 Number1 $AMZN…another Burst💥 -31%🔻@hks55 @OccupyWisdom Long way to run pic.twitter.com/8MgfCGxGbq — Antonio Pérez-Algás (@apanalis) November 20, 2018 https://twitter.com/OccupyWisdom/status/1064879801830379521 Larry Kudlow said the current economic boom will continue indefinitely and there is no end in sight. It's … Read more
by Troy Here’s today’s big headline from Bloomberg, one that really caught my attention. Let’s determine the stock market’s most probable direction by objectively quantifying technical analysis. For reference, here’s the random probability of the U.S. stock market going up on any given day, week, or month. *Probability ≠ certainty. Buy the dip is failing (or dead) Let’s get … Read more
by John Rubino If corporate earnings rise in 2019 like Wall Street analysts expect, stocks are a screaming buy at these bear-market levels. But earnings won’t rise and stocks are not a buy, says money manager Michael Pento: Earnings Recession of 2019 President Trump’s plan to stimulate the economy, known as The Tax Cut and Jobs … Read more
by Doug Kass “Mother, mother There’s too many of you crying Brother, brother, brother There’s far too many of you dying You know we’ve got to find a way To bring some lovin’ here today” – Marvin Gaye and Al Cleveland, What’s Going On? After Renaldo Benson of The Four Tops witnessed police brutality and violence in Berkeley’s … Read more
by Graham Summers via Gains, Pains & Capital Last week the markets rallied on hype and hope of a potential trade deal between the US and China… and the fact it was options expiration week. With those items out of the way, the markets will now begin to adjust to economic realities again. Those economic realities? That the … Read more
by DCG While I admire this police chief turning the tables on the proggies via “sanctuary laws,” I would rather challenge Washington’s new law in court. I don’t like sanctuary status for illegal aliens and don’t want to see the whole country explode with “exemptions” to our laws. From Fox News: One police chief in Washington State … Read more