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Horrifying Comments From A Freddie Mac Phd Economist

by irdadmin | May 27, 2019 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy

The housing market continues show contracting sales volume. April existing home sales fell 0.4% (SAAR – Seasonally Adjusted Annualized Rate) from March and 4.4% from last April. Existing home sales have dropped year-over-year 14 months in a row. This is the...

Every Bounce In Tesla Stock Can Be Fearlessly Shorted

by irdadmin | May 24, 2019 | Financial Markets, Market Manipulation, U.S. Economy

Elon Musk sent out an internal email to employees on Thursday in which he makes the highly dubious claims that the Company has 50,000 new orders for the Model  3,  the Company has a “good chance” of exceeding Q4’s record deliveries and the production...

More Evidence Tesla Is In A Death Spiral

by irdadmin | May 21, 2019 | Financial Markets, Market Manipulation, U.S. Economy

Reuters  report in which the news service discovered that almost all of the solar cell production at Tesla’s solar factory in Buffalo, New York is being sold overseas, primarily to a large Asian buyer.  Tesla’s Solar City business was given $750 million in...

Put A Fork In Tesla – It’s Done

by irdadmin | May 20, 2019 | Financial Markets, Market Manipulation, U.S. Economy

Tesla has been “done” for awhile but many of the Wall Street and investor “uber” bulls are finally starting to see this reality.  Amusingly, Wedbush’s Dan Ives issued a report in which he lowered his price target on Tesla stock from $270...

Utter Insanity…

by irdadmin | May 17, 2019 | Financial Markets, Market Manipulation, U.S. Economy

That’s the only way to describe this stock market. It won’t end well for the hedge funds whose algos are chasing price momentum nor for the retail daytraders playing the game of “greater fool.” Apparently CSCO and WMT’s “beat”...

April Retail Sales Soiled The Bed Sheets

by irdadmin | May 15, 2019 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy

Perhaps the perma-bullish Wall Street analysts should contribute to retail sales by stocking up on Depends – like the Merrill Lynch analyst who forecast retail sales to climb 0.7% ex-autos. Retail sales, preliminarily, were said to have declined 0.2% from...
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