Category Archive: Finance
Stocks Pump-And-Dump After Ministry Of Truth ‘Manipulation’ Trumps Spoofing Algos
There is nothing else for it… Thanks to the spoofing, stocks soared to record highs after the FOMC Minutes to prove that everything is awesome but then CNBC broke the news that BEA will double-seasonally-adjust GDP data – implicitly enabling Q1 to look better and thus giving Janet more room to hike in June – and stocks sunk… […]
Market Indecision
A day of whipsaw for the markets with the FOMC Minutes not pushing the market in a decisive move one way or the other. The S&P is holding its breakout, and sticking above 2115 support, although it lost further ground against the Russell 2000. The Nasdaq finished with an indecisive spinning top just above support. […]
S&P 500 Snapshot: The FOMC Mini-Drama Ends With Another Fractional Loss
The S&P 500 sank to its modest -0.25% intraday low shortly after the opening bell. With no economic news on tap, the focus of the day would be the afternoon release of the FOMC minutes. Sure enough we got a typical 2 PM fast-money trade, with the index rising to its 0.32% intraday high (a […]
New World Currency Backed By Gold Or Silver?
History has proven that 100% of fiat currencies have failed the test of time. The average life span of a fiat currency is 40-50 years. With the US dollar now in it’s 44th year it makes you wonder if the end of the greenback is near. The only money that has held the test of time […]
SP 500 And NDX Futures Daily Charts – Transparency Games
“Hiding behind opacity, bankers rig the global financial markets for their personal gain. Today, seven large banks paid over $5 billion in fines for rigging the foreign exchange markets. These were the latest fines for bad behavior. However, just to show these fines will not change their bad behavior, yesterday a survey was release in […]
Global Demand Dearth Costs $1.2 Trillion In Lost Wages, $3.7 Trillion In GDP
Recently we’ve seen quite a bit of evidence to support the notion that global demand has never recovered from the 2008 crisis and further, that central banks’ collective efforts to create demand via ‘the wealth effect’ and other similarly elusive concepts have failed. This is apparent virtually everywhere you look, from depressed global trade, to a […]
AAPL Butterfly Trade For June
Apple Inc. (AAPL) has continued to remain in its trading range for over a few months, and this trade is playing for it to remain in this range (125-133). Arguably, I am late to the game betting for consolidation but I think the consolidation will continue at least for a few more weeks. I have […]
Can We Really Trust Nike’s Stock Price?
Introduction One of the most common mistakes that I see common stock investors make is failing to formulate the important distinction between a company and its publicly traded stock.There are many great companies out there with fabulous stories surrounding their wonderful businesses. As a result, it can be very easy to fall so much in […]
The End Is Near, Part 5: Paying Dividends With Borrowed Money
<< Read: The End Is Near, Part 1: The “War On Cash” << Read: The End Is Near, Part 2: Everyone Piles Into Junk Bonds << Read: The End Is Near, Part 3: Corporations Are The Ultimate Dumb Money << Read: The End Is Near, Part 4: Peak Trophy Asset Inflation A recent Goldman Sachs report explains where this […]
Despite A Short-Term Dip, Prospects For The KOSPI Remain Strong
On April 27, I had argued on an article written for Seeking Alpha that the KOSPI stock market index had significant room left to run based on general stock undervaluation, coupled with prospects of lower interest rates and rising exports. The KOSPI had been trading at a level of 2150 on April 27 but has since lowered to under 2100 before […]
