Independent thinking for complex markets and current events
A two-story building in Oak Cliff near Bishop Arts District went up in a fireball yesterday afternoon after reports of a gas leak. Dallas Fire-Rescue escalated to a 4-alarm response with nearly 100 firefighters battling the blaze and searching rubble. At least two women and one child confirmed dead, four hospitalized, and up to 11 …
JP Morgan Finally Backs Down, Agrees to Reverse Discriminatory Anti-Gun Business Practices. That’s a welcome reversal of policy after NSSF met with JPMorgan Chase officials to work to end the discriminatory policy. It’s also the most recent of the big banks, including Bank of America and Citigroup that have shifted banking service policies that previously …
For those who struggle to understand what’s happening here, what the original “ AI cartel” $MSFT – $NVDA is trying to achieve is to attract Lenders so debt can be raised to purchase GPUs ( $NBIS will try to use this contract as a guarantee). I wonder whether they are finally… https://t.co/1zXQ9oQbZI — JustDario 🏊♂️ …
$SPY first-hour trading volume was notably high, with approximately 24 million shares exchanged. A similar pattern occurred on December 30, 2024, when SPY experienced a gap down at the open, followed by two consecutive green hourly candles, before declining further later in the session. This historical context suggests that despite initial buying interest, the market …
Tell us Tim, who determines what is disinformation? Fact checkers like Politifact? Here’s Politifact lying to help Kamala. https://t.co/GLlURHnGOr — MAZE (@mazemoore) August 25, 2024 Chuck Schumer removed the mask Democrat victory in 2024 = no more filibuster No more filibuster = permanently progressive federal government + indefinite rule by Democrats You can’t put this …
Fantastic point! ALSO, NBER recession announcement comes with a LONG LAG In the last 6 recessions, announcement of when a recession started was 234 days after the GDP data was released on average The Great Financial Crisis of 07-09 was announced a year after it started — Global Markets Investor (@GlobalMktObserv) June 19, 2024
The prospect of the Fed concluding its tightening raises questions about an imminent stock market boom, yet historical trends offer no definitive answers. Analyzing the S&P 500’s performance after past Fed peaks reveals a mixed picture, with the market experiencing both falls and rallies. The outcome hinges on the potential occurrence of a recession and …
https://twitter.com/baronitaigas/status/1681685241692401665?ref_src=twsrc%5Etfw The Russian MoD has declared a full blockade of Ukrainian ports on the Black Sea. Ukraine is now land-locked, and will remain so in perpetuity — assuming it persists at all as a sovereign entity. UPDATE – TASS updated their initial reporting. It now says "will be considered as potential carriers of military cargo." …