I had to go take a look at this. All I can say is people are crazy. Lol.
Started trading at $13.52 in mid-July and closed today at $2,521.72 with a market cap of $310 Billion. The float is only a microscopic 19 Million shares.
Fidelity flags the shortable shares as Hard to Borrow with a...
I agree, it was a stupid stunt and not worth the risk. She eventually has to return to the States and I'd bet the Chinese are canvasing the surrounding areas with fine tooth comb's.
Chinese leaders think and plan in terms of 100 year increments, they also have a well documented 4,000 year old...
A great note out today by a chief investment strategist at Piper Sandler saying that the ISM is "The" key indicator and that it leads the S&P EPS by 9 months out.
Currently for the S&P Earnings to catch up and get inline with the ISM it would mean taking the S&P earnings down 16% or $197.00.
If...
10:52pm, 2 Aug, 2022
Beijing responds by announcing that live ammunition military drills will take place around the island from Thursday until Sunday...
And....at the same time Gasoline futures have reversed back down to a level not seen since Feb. 2022.
Indicative of rapid demand destruction. Crazy times!
I believe we're at the very back end of this recent smoke and mirriors S&P bear market rally which has temporarily affected the bond market and I also believe there is a lot of institutional eyes on the VIX right now at this very minute and they smell smoke. Retail will be the victims.
Each and...
They have a really bad habit of not getting the numbers right on the first report which will most likely force them to go back and revise Q2 GDP even lower. Sometimes its not their fault due to the lag of incoming data.
But, the FOMC said yesterday it “anticipates that ongoing increases in the...
Walmart is considered one of five top bellweather corporations in the U.S. and a key indicator for when the economy takes a turn.
I'd bet large that if the Fed could cut at tomorrows meeting they would......but they can't.
Quite the conundrum they have put themselves into.
Walmart and Target both down in AH today on profit forecasts and weak consumers.
Walmart reported full-year earnings will fall 11% to 13%.
Target reported full-year operating profits will decline between 11%-13% as well.
Amazon down on the news.
Go Brandon.
Ghost cities with ghost properties nobody will ever live in, mortgage strikes, bank runs, Tanks rolling through the streets, a Real Estate market that went parabolic higher than any other in the World in only a few years, a popluation that has fallen in growth roughly 30% since 1992...on and on...