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...
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...
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...
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”...
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...
by irdadmin | May 14, 2019 | Financial Markets, Gold, Market Manipulation, Precious Metals
The price of gold soared over $13 Monday as flight-to-safety money flowed into the precious metals sector while the stock market went into a downward spiral. I see Monday’s market action as a preview of what’s in store going forward as price discovery once...
