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…
Dow Closes 400 Points Lower As Tech Sell-Off Resumes…
“It’s a tricky market,” said Arian Vojdani, investment strategist at MV Financial. “You look up one second and the market’s down. You look down the other second and you’re back up.”…
S&P Erases 2020 Losses As Stocks Soar…
The S&P 500 on Monday erased its losses for the year, surpassing its closing level for 2019 as investors bet on a robust economic recovery from the coronavirus pandemic. The S&P 500 closed up 38.5 points, or 1.2 percent, at 3,232. That was 17 points higher than its close on New Year’s Eve. The Dow […]
Dow Posts 2,112 Point Gain Biggest Ever…
U.S. equity markets registered the strongest one-day rebound in history on Tuesday amid investor optimism that members of Congress will overcome their differences to reach a deal on a nearly $2 trillion COVID-19 stimulus package. In the final hour of trading, gains picked up steam giving the Dow Jones Industrial Average a 2,112 point gain, […]
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