by irdadmin | Aug 2, 2017 | Financial Markets, Market Manipulation, U.S. Economy
July auto sales was a blood-bath for U.S auto makers. The SAAR (Seasonally Manipulated Adjusted Annualized Rate) metric – aka “statistical vomit” – presented a slight increase for July over June (16.7 SAAR vs 16.5 SAAR). But the statisticians...
by irdadmin | Jul 31, 2017 | Financial Markets, Market Manipulation, U.S. Economy
“‘Faith’ is defined as “belief without evidence.” AMZN is a stock investment that thrives on investor faith. Investor greed transforms into irrational faith when the faith is rewarded with stock gains. This will ultimately burn out but it’s...
by irdadmin | Jul 28, 2017 | Financial Markets, Market Manipulation, U.S. Economy
Over the time since I started the Short Seller’s Journal, several subscribers have asked about Netflix (NFLX). For some reason I have refrained from presenting it as a short idea, instead choosing AMZN and TSLA as my insanely overvalued “tech poison”...
by irdadmin | Jul 1, 2017 | Financial Markets, Market Manipulation, U.S. Economy
Jason Burack (Wall St for Main St) interviews notable Tesla bear, Mark Spiegel. As readers know, I’m in agreement with Spiegel in thinking Tesla stock is worth zero. In fact, I’ve stated publicly that I’m trying to decide if the world’s...
by irdadmin | Jun 30, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
“It’s unequivocal now: We are taking money from the new employees and using it to pay off this liability for the old employees,” said Turner, a Gov. John Hickenlooper appointee. “And some might call that a Ponzi scheme.” – Denver Post, 6/27/17 The people in...
