It seems the machines never sleep. Before China’s Xi had even uttered a word – in war or peace – Nasdaq futures were ramping up 1% from the cash close and the S&P and Dow following… And once it was
April 9, 2018
A Mandarin language analysis of Alibaba’s decision to sell its stake in the hugely popular Chinese start-up Meituan states that Meituan was beginning to compete with Alibaba, creating a “shaky” situation. Moreover, Meituan refused to utilize Alibaba’s payment unit, Alipay, hurting Alipay and “clearly
Another global bank CEO is given his walking papers. John Cryan’s tenure at Deutsche Bank was unsurprisingly brief. He began it by being realistic. Upon being hired for the top job, Cryan predicted his stay there would, “[depend] on how
During the past month of surging market volatility and spectacular, confidence-sapping rollercoaster moves in the S&P, the one backstop bullish market commentators have used time and again is that Q1 earnings season will be spectacular, an offset to all other
Since the BTFD crowd and “it’s still a bull market” imbeciles were after me today, I thought this would be appropriate………….. As we move deeper into the year 2018, and as the market slips lower, I am increasingly confident that the
AveXis (AVXS) soared over 81% on Novartis (NVS) offer to buy the Company for $8.7B in cash and sparked another rally in gene therapy stocks . AveXis’ lead product AVXS-101 is expected to enhance Novartis’ position as a gene therapy
Stocks go on a wild ride today that made for some great intraday trading. In this video newsletter update we look at some of the intraday trading we did and how we take advantage of trading opportunities each day in
“Fragility is the quality of things that are vulnerable to volatility.”- Nassim Taleb Lately we have been seeing one day of a mad rally higher, followed the next day by a stunning reversal lower. Today, they decided to break the
Big companies such as Exxon Mobile (XOM) are hitting new one-year lows, even though the price of Texas tea has risen by an impressive 50% since the summer. Also taken out to the woodshed for a spanking have been steel
Congress has released Facebook CEO Mark Zuckerberg’s prepared testimony ahead of Wednesday’s hearing. Zuckerberg will say: “We face a number of important issues around privacy, safety, and democracy, and you will rightfully have some hard questions for me to answer.
