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Department_of_Justice_DOJ_The_Epoch_Times_Samira_Bouaou

Adding Insult to Margin Calls, Nvidia Receives DOJ Subpoena Making Record Price Drop Even Worse…

September 3, 2024 at 6:41 pm

In what may be described as an attempt to sabotage her own election odds, moments after the close Bloomberg reported that Kamala Harris’ Justice Department – because let’s be honest, Joe Biden is officially a vegetable – sent subpoenas to Nvidia and other companies as it seeks evidence that the chipmaker violated antitrust laws, an escalation of its investigation into the dominant provider of AI processors, in the process sending the stock prices sliding even more…

Stock_Market

Stocks Tumble in Tech Led Weakness on Return from Labor Day…

September 3, 2024 at 6:31 pm

Stocks were slammed on return from the Labor Day weekend with the Nasdaq underperforming amid a slump in the tech sector which saw losses of c. 4.5%….

Trader_NYSE

Global Markets Rebound After Historic Bloodbath, Japan Soars…

August 7, 2024 at 8:35 pm

After Monday’s historic selloff that capped a three-week, $6.4 trillion rout in global equities as a brutal unwind in the carry trade driven by last week’s BOJ rate hike hammered most consensus trades, a dead cat bounce arrived as some investors looked for bargains and markets saw a hint of calm return on Tuesday…

S_and_P_500_Manic_Monday_August_5_2024

What’s the Sahm Rule? Alarming Jobs Report Raises Recession Risk…

August 7, 2024 at 7:20 pm

A key indicator has predicted every recession since 1970, and the alarm just sounded…

Stock_Market_Trader_gettyimages_Michael_M_Santiago

$1 Trillion Wipeout: Market Rout Punishes Megacap Tech…

August 5, 2024 at 7:03 pm

As U.S. markets opened for trading on Monday, tech’s megacap companies lost about $1 trillion in market cap, deepening a downturn that sent the Nasdaq into correction territory last week….

Larry_Kudlow_Recession

Larry Kudlow: Recession Risk Grows Larger and Stocks Are Getting Clobbered…

August 5, 2024 at 6:55 pm

It’s a shakier economy than the media admits, Kudlow says…

S_and_P_500_Manic_Monday_August_5_2024

And Suddenly Things Change…

August 5, 2024 at 6:29 pm

“The global economy is becoming unburdened by what has been.” — Jordan Schachtel on “X”…

sexy_woman_trading_desk_ZeroHedge

Stocks Surge, Goldgasms to Record High After “Adjusted” PPI Sparks Buying Frenzy…

April 11, 2024 at 7:32 pm

…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…

Pfizer_PFE_XLV_chart

How Pfizer Blew Up…

December 18, 2023 at 6:21 pm

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…

October 6, 2023 at 7:08 pm

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…

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