Yesterday, I watched the opening of #US #stocks trading in literal disbelief as investors stampeded into $NYCB, sending the stock up 15% at some point. The scene reminded me of the movie “Independence Day”, one of my favorites, when you see people dancing on top of buildings right below the…
Tag:#stockmarket
WHAT CAN SAVE #STOCKS FROM A HISTORICAL IMPLOSION ONCE AGAIN?
It’s no mystery anymore. What matters to low-popularity politicians in charge of government and seeking reelection is a #bullish #stockmarket until after the election date. From #Japan to the #US, from the #UK to #Germany, what do all of them have in common? The government in charge is dealing with…
“WE HAVE NO ALTERNATIVE BUT TO RIDE STOCKS UNTIL THEY RUN”
Yesterday, I spent the evening with a good old friend, now a senior manager in a big financial firm, whom I will label as “Manager X” going forward. I believe some parts of our conversation will be interesting to everyone, my summary below 🙏🏻 1 – Why is there no…
NVIDIA – THE (FRAUD) SMOKING GUN?
As I write, NVIDIA is up 8.56% in After Hours trading after releasing their “monster” Q4-23 results. Compared to the Q3-23 report, there isn’t much change in all the red flags 🚩 I highlighted before [JustDario], but while I was comparing the two, my eye caught something strange. Before I…
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…
THE RISK OF A $VIX TURKEY BURSTING OUT FROM THE (SOFTBANK) OVEN
Something happened yesterday that has been broadly ignored: the Bank Of Japan printed ~10bn $USD equivalent in $JPY and delivered an adrenaline shot of liquidity to the market. Hold on a second, why the need to inject liquidity through the back door without any apparent need? The answer is straightforward:…
WARNING: SOMETHING BROKE!
Yesterday, we were discussing the signs of “Panic behind closed doors” (TwitterX), today we have 100% certainty that something big enough to justify extreme actions from the US Government and US Regulatory Agencies broke somewhere. How else we can justify the SEC is still holding back the “Fails To Deliver…
PANIC BEHIND CLOSED DOORS
So, as I wrote 24h ago, it was clear to anyone paying attention that the Bank Of Japan put itself in a very dangerous spot (TwitterX). Back in 1992, when the Bank Of England was in danger, the Bundesbank cut rates 25bp even if it didn’t make any sense for…