Independent thinking for complex markets and current events
JPMorgan Chase chief global market strategist and co-head of global research, Marko Kolanovic, reportedly said last week in a mid-year outlook that the S&P 500 will drop almost 23% from 5,483 on June 27 to 4,200 by the end of 2024 amid an economic slump and headwinds like downward earnings revisions. US real gross domestic product increased …
Bearish Bets against the Japanese Yen rise to highest level in AT LEAST the last 18 years pic.twitter.com/2qqA5nm9lx — Win Smart, CFA (@WinfieldSmart) May 3, 2024
EV maker slashes prices as it tries to avoid bankruptcy. California-based electric vehicle startup Fisker slashed the prices of some of its vehicles as it fights to avoid bankruptcy after a potential deal with another automaker fell through. The manufacturer’s suggested retail price for the 2023 Ocean electric SUV lineup in the U.S., which is …
by PreviousComment1 Those 300,000 new jobs created that you heard about on the news last month? They’re all from people taking part-time jobs. We’ve lost 1.3 MILLION full time jobs since November 2023. Remember that when they try to gaslight you that the economy is doing great. The household survey, of WORKERS, shows full time employment …
The atmosphere surrounding Chinese assets is getting gloomier, extending beyond the realm of battered stocks. Investors are now expressing skepticism not just about stocks but also anticipating underperformance in the yuan and government bonds. Ken Cheung, the chief Asian currency strategist at Mizuho Bank Ltd. in Hong Kong, reflects this sentiment, stating, “We expect the …
% bullish (lower pane) is making a double top on the right shoulder, deja vu of the left shoulder. Note the correlation between Bitcoins and Internet stocks. pic.twitter.com/LPcMqilKR5 — Mac10 (@SuburbanDrone) December 21, 2023 S&P 500: The odds in my analysis favor that the intermediate top is in or very near. The recent euphoria is …
CONFIDENCE: you didn't hear this from Old Wall Media during Friday's stock market decline But it still happened. US Consumer Confidence falling (again) as Gas Prices go up and stocks keep making lower-highs pic.twitter.com/kxw49wOK6A — Keith McCullough (@KeithMcCullough) September 16, 2023 After Tech stocks crashed in August, the Nasdaq VIX made a new low this …
The market is on the brink of a weekly bearish MACD cross Signaling a downward shift in momentum This week's close will be crucial pic.twitter.com/XH14SmzsSU — Bravos Research (@bravosresearch) August 17, 2023 MARKETS ABSOLUTELY POLEAXED INTO THE CLOSE; CORRECTION TERRITORY FOR EQUITIES LOOMS * — The_Real_Fly (@The_Real_Fly) August 17, 2023 The S&P 500 just broke …
The bearish curve steepening we feared is fast becoming reality. The impact on risk assets occurs less through the textbook arbitrage channel and more via negative effect on collateral and hence on #liquidity @au_shareplicity @johnauthers https://t.co/VuMvsqnJQ4 — CrossBorder Capital/ GLIndexes (@crossbordercap) August 14, 2023 It's not the height of rates that destroys the economy but …
by Dismal-Jellyfish Source: https://twitter.com/CNBCFastMoney/status/1681423000405692416 https://www.thestreet.com/memestocks/gme/big-short-trader-danny-moses-reveals-short-position-on-gamestop-stock TLDRS: Danny Moses, recognized for his part in “The Big Short,” disclosed that he holds put options on GameStop. He expressed concerns about GameStop’s financial health, emphasizing its declining cash reserves and anticipated annual losses, while also challenging its $7 billion market valuation. Hints RC is a ‘bad trader’ for …
Retail gamblers are trapped. After the best first half for Tech stocks in 40 years, institutions are dumping Tech stocks in the second half.https://t.co/It9OGJH69b Retail gamblers are trapped. pic.twitter.com/9ApQOQSKeP — Mac10 (@SuburbanDrone) July 10, 2023 Microsoft has been the most consistently dominant company of the past two decades. pic.twitter.com/7FiBWGSeS5 — Mac10 (@SuburbanDrone) July 10, 2023 …
via businessinsider: Elon Musk poked fun at the legendary investor Bill Miller for shorting Tesla stock when it was less than half its current value. In a tweet on Saturday, the Tesla and SpaceX chief replied with a laughing emoji in response to a CNBC interview in early January in which Miller said that he …
