by irdadmin | Aug 2, 2022 | Financial Markets, Uncategorized
The analysis below is from the latest issue of the Short Seller’s Journal. This is a weekly subscription newsletter that offers economic commentary and short-sell ideas based on fundamental analysis, as well a ideas for using puts to express a bearish view on...
by irdadmin | Apr 20, 2021 | Financial Markets, Market Manipulation, U.S. Economy
PENN is now down $25 (21%) from when I presented the idea in the February 14th issue at $118. After wrestling with its 100 dma since March 29th, it closed a bit below it on Friday and decidedly below it today. PENN’s Chairman Emeritus sold 3,000,000 shares on...
by irdadmin | Mar 29, 2021 | Financial Markets, Market Manipulation, U.S. Economy
GME reported its fiscal year Q4 and full-year numbers this past week. Q4 was a disaster for the Company. Operating earnings were trounced 75%% YoY for the quarter from $75.2 million last year down to $18.8 million. After subtracting interest expense, which rose in...
by irdadmin | Jan 17, 2019 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
The post-Christmas stock rally extended through Wednesday as the small-cap and tech stocks led the way, with the Russell 2000 up 14.3% and the Nasdaq up 12.5%. The SPX and Dow are up 10.4% and 10.1% respectively. During the stretch between December 26th and January...
by irdadmin | Nov 1, 2018 | Financial Markets, Housing Market, U.S. Economy
One of the proprietors of StockBoardAsset.com tweeted about two weeks ago wondering when the stock market was going to start pricing in a slow-down in the economy. To that I responded by pointing out that the DJ Home Construction index is starting to price in a...