by irdadmin | Feb 6, 2018 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
Yesterday was amusing. The meat with mouths on the so-called financial networks were crying, “how could this have happened.” Funny thing, that. They don’t raise the slightest doubt of conviction when the Dow soars 2,676 points in less than two...
by irdadmin | Feb 2, 2018 | Financial Markets, Market Manipulation, U.S. Economy
Yesterday ahead of earnings, AMZN’s stock dropped $60, with $30 of that drop occurring in the last hour of trading. It’s almost as if market-makers, with their customary preview of the impending AMZN headline EPS report in hand, intentionally took the...
by irdadmin | Jan 31, 2018 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
The Fed’s tightening plan sounds like my fat buddy’s diet plan at my workplace. He still scarfs down his usual 2 Big Macs a day (sometimes 3), but has lately taken to washing it down with a diet Coke instead of a regular Coke. “Gotta watch my weight”, he recently told...
by irdadmin | Jan 30, 2018 | Financial Markets, Market Manipulation, U.S. Economy
Tesla must be burning cash a lot more quickly than the rate at which its operations were burning cash in the first 9 months of 2017. Through the first three quarters, TSLA had incinerated $570 million, or roughly $2 million per day. Its Model 3 sales are...
by irdadmin | Jan 28, 2018 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
There is no history to suggest this is sustainable. This price move remains the most extreme technical disconnect in the $DJIA ever. – Northman Trader The U.S. dollar has had the worst January since 1987. There’s a lot of reasons why the stock market...
