Independent thinking for complex markets and current events
Remember all the bulls earlier this year getting excited that the rally was broadening out beyond the “Magnificent Seven” stocks, and how wider gains were a sign that the market’s rise was sustainable? Not so much. This month, as indexes hit fresh records, just four giant technology stocks added more market value than the rest …
Ferrari Net Income is $1.4 billion vs. GM at $20.1 billion. Ferrari Market Cap is $80.9 billion vs. GM at $50.3 billion. Damn… byu/MarketLab inwallstreetbets
https://twitter.com/GoldTelegraph_/status/179485642045175428 Starting on Wednesday, and for the first time since the early 2000s, the Treasury Department will launch a series of buybacks targeting seasoned and harder-to-trade debt. Then in June, the US central bank is set to begin tapering the pace of its balance-sheet unwind, known as quantitative tightening, or QT. The Fed’s first-line inflation …
Nvidia (NVDA) stock traded above $1,100 for the first time ever on Tuesday, a move that allowed shares to surpass their previous record closing high. Shares finished the day above $1,140. The milestone moment comes after Elon Musk’s artificial intelligence startup xAI said Sunday that it raised $6 billion in a Series B funding round, …
Yields moving higher quickly today are a reminder that interest expense is skyrocketing at a terrifying pace because rates started moving up with ever-rising debt levels over the last two years, after being suppressed by low Fed Funds rates and QE policies in the years prior. pic.twitter.com/mxEMpkotTb — David Sommers (@dgsommersmkts) May 28, 2024 The …
Nvidia’s recent financial performance, exceeding expectations and raising guidance, has raised eyebrows due to its resemblance to revenue inflation tactics seen during the dot-com bubble. Company A buys GPUs from Nvidia. Nvidia buys cloud computing credits from Company A. Both companies report these transactions as revenue. Commitments to cloud computing services have surged, doubling to …
Homebuilders Have the Most Inventory Since May 2008, Big Discounts Coming Speculative building, measured by started but unsold housing inventory, is at the highest level since May of 2008. https://t.co/VgkiA2sWJq — Mike "Mish" Shedlock (@MishGEA) May 25, 2024 The echoes of 2008 are deafening as the housing market teeters on the edge of another crisis. …
Suffering badly are consumer sentiment and real estate, two areas entwined because housing prices have tumbled since 2021—including 10% since the start of the year—yet property is where most Chinese put their investments and savings, so the slump is causing a freeze on spending. New home prices in April fell for a tenth consecutive month …
With Nvidia holding all the headlines hostage this week, two things came to light yesterday. This is no longer a one stock stock market and the reboot of another mass exit. Yesterday even though Nvidia was up most of the day, the power of the other 99 stocks in the S&P 100 going down against …
This "market" is now powered by options on futures on the highest octane stock. pic.twitter.com/A3DWBYtV6J — Mac10 (@SuburbanDrone) May 25, 2024 This week's SPY volume equaled Thanksgiving which was 1.5 trading days shorter. And, a doji on the weekly = "indecision". No volume conviction + no price conviction. pic.twitter.com/NpheVDiLcB — Mac10 (@SuburbanDrone) May 25, 2024 …
What he describes is also being seen in other nations too. Canada’s housing bubble is actually far worse right now than America’s was in 2008. All the signs seem to be pointing to the early stages of a worldwide Great Depression beginning to form. I lost my job in the ‘booming’ housing industry. I was …
"If the U.S. economy is headed for trouble, no one told the junk-bond market."@Vlajournaliste pic.twitter.com/s3WVZCToIH — Daily Chartbook (@dailychartbook) May 23, 2024 Pay attention. It's begun! pic.twitter.com/ozFRa1xB6y — The Great Martis (@great_martis) May 23, 2024 👀 👇For the first time in the history of the United States, interest payments will likely overtake defense spending in …
BY DAVID HAGGITH Chicken Powell just keeps feeding the chicken-shit market what it wants to hear, but Fed minutes say otherwise. Photo by Ben Moreland on Unsplash Stocks rise if the Fed breathes the slightest hope that it will be cutting interest rates anytime this year, even when that is unlikely during rising inflation. Stocks fall when the Fed speaks the slightest truth about …
by Michael This is a very bad time for those that work in the real estate industry. Thanks to the Federal Reserve, mortgage rates are much higher than they were a couple of years ago, and this has deeply frozen America’s housing market. Millions upon millions of U.S. homeowners are currently paying off fixed rate mortgages …
$VIX closed the last week below 12, something not happening since 2019 Can it go lower? Sure it can, $VIX All Time Low was 8.56 on Friday 24 Nov 2017… Few months before Volmageddon that triggered in February 2018 ⚠️ Beware, $VIX is like a spring, the more and the longer is… https://t.co/f29dYyuaZh pic.twitter.com/2JZz8TidRh — …
Panasonic says EV market slowdown in U.S. worse than expected Japan's Panasonic Holdings said on Friday that its EV battery arm will likely miss its initial profitability target due to a worse-than-expected slowdown in the North American market for electric vehicles. "There was… — Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) May 17, 2024 TOKYO — Japan’s …
http://twitter.com/1200616796295847936/status/1790867755371053407
What justifies a stock price to GDP three times higher for the US than the rest of the world? This implies the US fake printed money stock market bubble can drop 67% just to reach the value of other world markets. This valuation measure is also known as the Buffet Indictor because it was invented …
by ComputerTrashbag Inventory in almost all major areas is extremely high now. Bubble hotspots like Austin, Boise, Phoenix, Asheville, Jacksonville, Las Vegas etc etc haven’t seen much price reduction even though inventory has returned to pre pandemic levels. Inventory is sitting for months. Why? Because there is no active suffering. There is no current pain …
https://twitter.com/leadlagreport/status/1789817492648419406 US technology stock prices are ~2x larger relative to the S&P 500, the most ever. Even more than in the Dot-com bubble However, what do their valuations look like? Are the US tech stocks in a bubble again? The full analysis is under the below link👇https://t.co/KRQ2mT0oVC — Global Markets Investor (@GlobalMktObserv) May 13, 2024 …
The U.S. stock market finds itself at a critical juncture, with inflation emerging as a primary concern amidst the backdrop of robust economic recovery. Recent data releases, particularly the Consumer Price Index (CPI) for March, have revealed a notable deviation from the Federal Reserve’s target of 2%. The CPI registered a yearly rate of 3.5%, …
California has the loosest labor market in the country – started discussing the unemployment dynamic here back in August of 2023. Now has highest unemployment rate and 6% fewer job postings than pre-Feb 2020. Unemployment is rising in 10 largest counties. UR moving opposite… pic.twitter.com/m2MmviTeME — Don Johnson (@DonMiami3) May 9, 2024
The impressive run that created the biggest housing bubble in all America’s history is officially over, and now something really disturbing is happening in the U.S real estate market. After an impressive boom during the pandemic, which led average home prices to jump by more than 40% over a span of less than four years, …
First they price people out of being able to afford homes, then the people start living in their cars, and then they price people out of being able to afford cars.
https://twitter.com/BartsQuandry/status/1788372645333131756
by Anonymous The job market is horrible. I cant find a job at all. All I can find is low wage slavery. Ups used to always be constantly hiring package handlers in my area. Now, for the first time, “This job is not available.” I always thought if I ever had a hard time finding …
Why We Are at the Start of a Multi-Year Gold Bull Market Long term indicators show gold is undervalued under the current circumstances and can easily double in price over the coming years.https://t.co/BLYkMxRbPn pic.twitter.com/boiJKoiH8y — Jan Nieuwenhuijs (@JanGold_) May 7, 2024 In the tumultuous landscape of today’s economy, gold stands as a beacon of stability …
Be skeptical of the U.S. stock market’s recent rebound – there’s more downside ahead, and plenty of evidence to back it up. The sound of alarm bells is becoming harder to ignore. With the economy slowing amid softening consumer activity, rising unemployment numbers, and spiking delinquency rates, big name stocks that have been propping up …
🚨 CRASH ALERT 🚨 1987 VS 2024 Update . 2nd lower peak complete . Is history about to repeat ? 🆘 pic.twitter.com/P0qp28Wyk8 — The Great Martis (@great_martis) May 6, 2024 $SPX bull trap bear flag No changes just a bunch of psychopaths being completely deluded idiots on the back of @Bank_of_Japan_e insanity There will be …