Independent thinking for complex markets and current events
The news that the government may be in possession of “nonhuman” biological matter and UFOs was met with surprising apathy online. The announcement spawned a lot of memes, but many of them signaled how disinterested users are with the findings. https://t.co/Lkudu6WlyN — NBC News (@NBCNews) July 29, 2023 Because you're all fucking lying pieces of …
BREAKING NEWS: Famine on its way! Panic buying of rice has begun in North America. India the worlds largest exporter of rice with 40% of the global rice supply has just been taken off the markets. The price of rice which is a staple of millions of people around the world has… pic.twitter.com/IJpshcIp63 — Jim …
India’s rice export ban has triggered panic buying at US supermarkets, causing the price of a 20-pound bag to surge from $16 to almost $50 in some stores. The south Asian country, which accounts for 40 percent of world rice exports, ordered a halt to its largest rice export category, non-basmati rice, on Thursday to …
by Michael Rice is one of the most important staple foods for more than 3 billion people around the world, and the nation of India accounts for approximately 40 percent of all global rice exports. So if India decides to start placing restrictions on rice exports, that is a really big deal. Unfortunately, that is …
by Chris Black Do Chinese government officials own a large chunk of Tesla stock? Something is fishy with the numbers when all other data points show a drop in overall sales outside Tesla. The cars aren’t that popular in China. Tesla is way behind the Chinese domestic manufacturers. https://twitter.com/zerohedgeupdate/status/1678432848334962688
by confoundedinterest17 The University of Michigan consumer survey results are out and there is good news! Sort of. The UMich Buying Conditions for Houses rose to 47 in July! That is the good news. The bad news? It was at 142 in the last month before Covid and the economic/school shutdowns. That is -67% lower …
Germany imported $26 billion USD worth or oil and gas in the last year. The EU as a whole imported $149 billion of Russian gas and oil. Came up in a normal conversation with a few people from the UK. I thought the flow of Russian energy to Europe had been halted. https://www.visualcapitalist.com/which-countries-are-buying-russian-fossil-fuels/ And that …
by Dismal-Jellyfish Source: https://www.sec.gov/news/speech/gensler-prepared-remarks-iac-06222023 Highlights: The use of predictive data analytics, however, also can lead to potential conflicts. Conflicts may arise to the extent that advisers or brokers are optimizing for their own interests as well as others. I have asked the staff to make recommendations to the Commission for potential rulemaking on these matters, …
by Martin Armstrong Dutch researchers at the University of Amsterdam and Erasmus released a study entitled “Buy-to-Live vs. Buy-to-Let: The Impact of Real Estate Investors on Housing Costs and Neighborhoods.” The study examined a legal Dutch ban on buy-to-let or rental investments. Researchers studied home prices, sales, and the demographics of residents in areas with this law. …
Buying NVIDIA shares today costs you 40 times historical annual revenues. That's 40 years to get your money back, assuming $0 cost, 0% tax and a 100% payout ratio. Good luck! pic.twitter.com/tYUZc3Ito8 — Michal Stupavsky, CFA (@MichalStupavsky) June 20, 2023 Due to the fact that sell-side analysts' forward estimates are usually on the margin too …
If you don’t hold it, you don’t own it. AC
Since S&P 500’ s October low, forward P/E of 50 largest stocks (blue) is up by 30% … there hasn’t been any gain in forward EPS (orange) over same timeframe[Past performance is no guarantee of future results] pic.twitter.com/x46OMr9Ufe — Liz Ann Sonders (@LizAnnSonders) June 16, 2023 Source: Goldman Sachs — Markets & Mayhem (@Mayhem4Markets) June …
Investor surveys, put/call ratios, sentiment gauges and fund-manager positioning data all point to sky-high levels of bullish sentiment + a lot of FOMO buying in tech. It's pretty rare to see all of them sending the same message at once. pic.twitter.com/VnuCo8uQzd — Eric Jhonsa (@EricJhonsa) June 8, 2023 This ratio is now at levels last …
via CNBC: Millionaire investors are adding to their mountains of cash, betting on higher interest rates and weak stock markets in 2023, according to the CNBC Millionaire Survey. More than a third of millionaire investors, 34%, report keeping more of their money in cash, according to the survey, which surveys households with $1 million or …
There was just a record amount of call buying in $IWM This happened just after the record call buying in $NDX, which sent tech flying Is a small cap mania about to begin now? Chart: Goldman Sachs pic.twitter.com/Oewg94xodE — Markets & Mayhem (@Mayhem4Markets) June 7, 2023 Very bearish out there ?!? 🤮🤮🤮https://t.co/mfczVSsvkl pic.twitter.com/skl1pJpmo5 — Michael …
via economist: Not long ago trading in American stock options was limited mainly to professional investors. Options are contracts that provide the right to buy or sell a security at a specified price over a fixed time period. They can deliver big payouts if a stock moves in the desired direction, and expire worthless otherwise. Sophisticated …