ARM is both a joy and a problem for Softbank, why? On one side, the stock is Masa Son’s current jewel of the crown, but on the other, #Softbank owns 90% of it, precluding them from liquidating the investment and gathering badly needed cash to repay its mounting debt. I…
Tag:#FOMO
HOW ARE FINANCIAL MARKETS GOING TO REACT IF JOE BIDEN ENDS UP DROPPING OUT OF THE PRESIDENTIAL RACE?
The current market structure, though robust on the surface, maybe one of the most fragile in history. On one side, you have investors, both retail and professional, who tend to #FOMO into anything that rises (although professional investors call that the “momentum” strategy). On the other side, you have algorithms…
WHY GME IS NOT A “DAVID VS GOLIATH’ STORY, BUT A “GODZILLA VS KONG” ONE
Do you remember the scene from “The Big Short” movie when Charlie and Jamie, the dynamic duo of the “bedroom hedge fund” Brownfield, stumble across Jared Vennet’s pitch in the JP Morgan lobby? If you don’t, here is the link for a quick refresher. Keith Gill, also known as @TheRoaringKitty,…
DOES SOFTBANK NEED THE WEEKEND TO NEGOTIATE ITS BAILOUT?
While global investors are busily plucking daisy petals to decide between fear and #fomo, a (very) large elephant is crying out in pain in one corner of the globe. In a surreptitious move, #Softbank quietly rescheduled the release of their Financial Results for the entire 2023 fiscal year from the…
IF YOU WANT TO BECOME RICH, THERE IS NO POINT IN TRYING TO TRADE A STOCK MARKET CRASH, BUT YOU SHOULD START PREPARING TO TAKE ADVANTAGE OF THE NEXT CYCLICAL BULL RUN THAT WILL COME AFTER
Last week ended with the #VIX closing at 13.49, well below its ~19.50 long-term average, while the CNN “fear and greed” index closed at 40 in “fear” territory. Warren Buffett disclosed his cash “war chest” grew to 189bn #USD and socials have been fantasizing all over the weekend about the…
THIS LAST BURST OF QUANTITATIVE EASING WILL ACCELERATE THE OVERALL MONETARY IMPLOSION ALREADY UNFOLDING
Yes, quantitative easing is what just happened under everyone’s nose. The #JPY interventions of this past week effectively injected about 100 billion #USD into the global financial system that previously was not circulating. Why? Because #Japan MOF selling reserves to fetch #USD that can then be sold in the market…
THE #STOCKS HOUSE OF CARDS IS WOBBLING… AGAIN
Between the end of September and the beginning of October 2023, the #MOAB (Mother of All Bubbles) house of cards was dangerously wobbling. In a great coup de theatre, Jerome Burns managed to pull a “FED ghost pivot” 🐇 out of his magic hat, which sent everyone on a #FOMO…
CHINA STOCKS – IS THE BOTTOM IN?
Last week, the #HongKong HSI index was up 5.5% despite only having 3 trading days due to the Chinese New Year holidays. #China index futures were also up ~3% in the same timeframe. Trading is about to resume in mainland #China along with all the country’s business activity after the…
THE SHOW MUST GO ON… UNTIL THE END
The famous Queen’s song is a perfect fit as the soundtrack of the current stock market, isn’t it? Anything that doesn’t fit the (manic) #fomo narrative must be ignored, even though the giant 560bn $USD size #CRE Elephant in the room is now patting people on the shoulder. What’s that…
FEBRUARY 2020 ALL OVER AGAIN?
In 2020, stock markets in the #US and #Europe peaked on the 19th of February, while #China and #HongKong ones peaked exactly one month prior, on the 20th of January. In a great twist of destiny, on the 21st of February this year, $NVDA is scheduled to report its Q4-23…