…while anyone with half a brain could quickly see through the PPI bezzle, that clearly did not apply to the algos, such as this one…
How Pfizer Blew Up…
Why the Blue Chip pharma stock lost half its market cap this year…
When Good News Is Bad News Is Good News – The Jobs Report Reversal…
Over the last two months, the S&P 500 peaked at about 4,600 at the end of July and closed today at about 4300. That about a 7% haircut for a 401k or IRA holding “the market.” Of course, this was not a straight line fall but rather quite a volatile one marked by a strong bear market trap push back to around 4,500 on September 1…
Bond Bloodbath Triggers Biggest Stock Puke of Year…
The ‘one-way-trade’ of January is rapidly unwinding in February with stocks finally getting the joke today and accelerating their catch-down…
We’re ‘Better Off’ Under Biden? Who Is Obama Kidding?…
When he wasn’t admiring his White House portrait, Barack Obama managed to say a nice thing about President Joe Biden. He must have been joking, though, because what he said defies reality…
Dow Suffers Longest Losing Streak in 99 Years, Bonds & Bullion Bid…
US Macro Surprise data slumped for the 5th straight week, back into negative territory at its weakest weekly close since Nov 2021…
These Stock Patterns Are Impossible – Without Brazen Manipulation that the SEC Is Choosing to Ignore…
Beginning in November of 2008, the Fed was allowed by Congress to manipulate the U.S. bond market through purchases of bonds with money it creates at the flick of an electronic button. The Fed calls this “Quantitative Easing” or QE…
Netflix Nightmare: Stock Crash Cost Company a Whopping $50 Billion…
The fallout from Netflix’s first-quarter losses continued on Wednesday when the streaming giant’s shares closed down more than 35 percent. According to CNBC, the sharp drop “led to a wave of downgrades from Wall Street on fears over the company’s long-term growth potential,” resulting in a loss of more than $50 billion of its market cap…
Of Course Pelosi Doesn’t Want Congress Banned from Trading Stocks — She Rakes in Millions from It…
Speaker of the House Nancy Pelosi doesn’t want Congress banned from trading stocks because she profits big from her and her husband’s investments on a regular basis…
Shhh! Don’t Tell Congress that the Cabal It’s Investigating Over GameStop and Archegos Quietly Got SEC Approval to Jointly Run their Own Stock Exchange…
The implosion of the Archegos Capital Management family office hedge fund in March, which has generated losses of more than $10 billion thus far at global systemically important banks, will likely be a key topic when the Senate Banking and House Financial Services Committees haul Wall Street bank CEOs to hearings on May 26 and 27, respectively…
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