Super Micro Computer stock ($SMCI) plunges 27% as Ernst & Young refuses further audits… Oh, look, Mummy! Twins! Guess who’s next?

BREAKING: Super Micro Computer stock, $SMCI, falls 27% after Ernst & Young announces they refuse to audit the company going forward. EY is "unwilling to be associated with the financial statements prepared by management," the statement said. Not a good look for SMCI. pic.twitter.com/oTi869K1v3 — The Kobeissi Letter (@KobeissiLetter) October …

READ MORE

The Stock Market is About to Get Rug Pulled. (THIS WEEK)

Worst breadth since August on both exchanges. Notice how in August when breadth was at this level Nvidia was imploding. Now, Nvidia is near all time highs. Does not portend well for bulls when the only stock that matters implodes. pic.twitter.com/iyBRdk0NP8 — Mac10 (@SuburbanDrone) October 23, 2024 Stock market news …

READ MORE

Is the stock market growth realistic?

I’ve noticed that the SPY500 has nearly doubled over the last 5 years, while the GDP hasn’t risen anywhere close to that level. The post-pandemic crash made sense, and so did the subsequent rise due to quantitative easing. But now, the continued upward trend doesn’t seem to align with actual …

READ MORE

The stock market is nearing confirmation of a 90-97% drop against silver; silver looks bullish.

The stock market is very close to confirming a high probability of falling 90-97% versus silver. Observe & position accordingly #Preciousmetals #Gold #Silver #Stockmarket pic.twitter.com/7RfyLslLOn — Northstar (@NorthstarCharts) October 6, 2024 Silver chart is looking very bullish. Having back-tested post-covid highs of 4 years ago silver is set up for …

READ MORE

Rate Cuts Point to Major Stock Market Decline

by New Radio Release Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason. Coming up Gerald Celente of the Trends Journal joins us for an explosive interview on a range of topic, including gold’s rise, the pending death of the dollar and why Gerald is more concerned now than …

READ MORE

The Great Unwinding of Stock Listings

by Tom McClellan The drop in the number of publicly traded U.S. companies is continuing.  I last reported on that here back in April.  Since then, the losses in the Nasdaq have leveled off just a little bit, but the NYSE continues to lose listed issues. Several different factors have …

READ MORE

SHOCK: FBI Whistleblower Urges Americans to Vote, Arm Themselves, Stock up 3-4 Months Supply of Food and Water, and Pray.

SHOCK: FBI Whistleblower Urges Americans to Vote, Arm Themselves, Stock up 3-4 Months Supply of Food and Water, and Pray. pic.twitter.com/ckX3rN0BZw — @amuse (@amuse) September 26, 2024 Holy shlit. Democrat delegate to the US House of Representatives accidentally says the quiet part out loud. She admits the DOJ and FBI …

READ MORE

If you have visa stock, sell it now

BREAKING 🚨: The DOJ plans to open up a lawsuit against Visa saying they illegally monopolized the US debit card market Pelosi sold ~$1 Million dollars of Visa $V just 2 months ago Wild. — Nancy Pelosi Stock Tracker ♟ (@pelositracker) September 24, 2024 Last year, Mastercard Inc. $MA, a …

READ MORE

Declining earnings estimates for 2024 and 2025 may lead to lower stock market valuation multiples.

If $spx earnings estimates for 24 and 25 are rolling over, the multiple will need to contract. pic.twitter.com/WCBTrdsRCv — Michael J. Kramer (@MichaelMOTTCM) September 24, 2024 The Stock Market Could See A Sharp Pullback This Week https://t.co/Cj5LMVRzRq #MACRO: $SPY, $QQQ, #RESERVES, #MARGIN — Michael J. Kramer (@MichaelMOTTCM) September 22, 2024 …

READ MORE