Anonymous ID: 5693c3 March 15, 2022, 2:15 p.m. No.130578   🗄️.is đź”—kun   >>0644 >>0674 >>0690

>>130517 pb

SAM590 USAF C-32A arrived at Brussels Int'l after departing JBA earlier today

 

>>130557, >>130558 pb

Dhey gonna send Not AF1 Joe over to Brussels next week

 

Biden to travel to Brussels next week for NATO summit in show of solidarity against Russia

 

Joe Biden will attend an extraordinary NATO summit in Brussels next week in a show of solidarity against Russia’s invasion of Ukraine, making his first trip to Europe since the war began three weeks ago.

https://www.msn.com/en-us/news/world/biden-to-travel-to-brussels-next-week-for-nato-summit-in-show-of-solidary-against-russia/ar-AAV5QDf

Anonymous ID: 5693c3 March 15, 2022, 3:39 p.m. No.130580   🗄️.is đź”—kun   >>0581 >>0592 >>0640 >>0674 >>0690

Mkt Fag: After the Bell Market Report

 

Markets were basically the same from the earlier report-you then have a piece of news at 2:52pm EST of this-and another trading rule that most ignore..For no reason what-so-ever do you Short a dull market-it will bite you in the ass every single time It's dull for a reason and waiting to trap people who are not patient-perfect example of that today.

Biden signs into law new $1.5 trillion bill to fund U.S. government

https://www.marketwatch.com/story/biden-signs-into-law-new-15-trillion-bill-to-fund-us-government-2022-03-15

and voila!!! they all march higher into the close because you have little to no action after the big block trades earlier see below for that. Which then allowed this >>130539 which was a combination of shorts covering and a big boy exit because it did nothing-actually drifted lower until several hours later-see news item above (interdsatingly enough that huge block trade is no longer reflected in the daily chart-cap #2 but the shorts covering en masse in all three indices are still clearly visible (red circle)-yet the 2.60B transaction (exit) and many times larger on the NAS is now "missing"-funny that. The volume was on track to exceed the daily averages by quite a bit and the combination of the huge exit on the NAS (which was seen by MANY) necessitated a lowish volume rise towards the close and everyone who re-shorted a dull market (NEVER DO THIS) had to bail once it broke above the HOD from the earlier ramp job and it feeds itself. You can see the volume started out heavy then trailed off to nuffin and then get active towards the close (thin black line on cap#2)

>>130532

>Shorts covered about 18 minutes into the NAS, DOW and SP500 session and visible on all three. So a combination of smart shorts (and those that did that 4 minutes before yesterdays close were really smart)

See here: >>130473 pb

>if not for a 46.52m shares transaction approximately 4 minutes from the close it would have closed on it's LOD or perhaps made a new one-this is likely (smart) shorts covering.

Kudos to those who reacted based on what they see/saw and not what they read or are told because that group did NOT get slaughtered by today-many did not so that is why they did it en masse early on.

>>130538 Fresh part of Treasury yield curve inverts, with 7-year rate trading above 10-year yield

Still this way... 7 year outperforming 10yr and now a full 11 basis points higher as of this writing-cap #3..it was 7 basis pts earlier-this is NOT insignificant. This has the resut of 10Y at its highest since July 2019 and makes whatever they "announce" tomorrow totally irrelevant-this doesn't mean the markets won't move it just means they are accomplishing nothing as rates have already risen almost 66 basis points via the 10 year note over the last few weeks and when the 7 year outperforms the 10 year. The market is pricing in 7 rate-hikes for the year-yet curiously has them starting to be removed by early 2023...DERP!!!!!!! This is reflected in the forward OIS spread mentioned several weeks ago-in fact at the last FOMC meeting.

see this and cap #2 >>126758 pb FOMC Minutes: "Faster" is the Word-calculatedrisk

 

So the circular logic for today is that stocks go up because there are many rate cuts planned and priced in-key point here thus guaranteeing a recession because we already have priced in them starting to remove said rate hikes in 2023.

FUGGEN DERP!!!!!!!!!!!!!!!!!!

let us repeat this from yesterday >>130445

>So they can raise them by 25 or 50 or not do a damn thing because IT HAS ALREADY BEEN DONE

 

Oil is trying to sustain a weak (very) bounce at just above $94-see cap#4 and seeing some short covering here locking in the movement from about $127.xx (moar realistic entry point for a short because you are NEVER going to get the top or bottom-that is reserved for the "club" and we ain't in dhat. "Peace" breaking out everywhere Ukraine (rumors), Iran Deal closer, and just about everything reality based being ignored....you did see that PPI # right?- 10.0% YoY in February (vs +9.7% YoY in January)-see Cap#5 and that was brushed aside by the indicies and BTW January's PPI data was revised higher, from +9.7% to +10.0% YoY.......so this is not "improving" despite the attempts of financial media to convince you otherwise.

1 of 2

Anonymous ID: 5693c3 March 15, 2022, 3:40 p.m. No.130581   🗄️.is đź”—kun   >>0597 >>0674 >>0690

>>130580

2 of 2

 

Some after the bell headlines'

in a non-payment altogether is not a default (cough, Evergrande,cough) but this below is news

Russia rouble payment of USD coupons would be a sovereign default -Fitch

https://www.reuters.com/business/finance/russia-rouble-payment-usd-coupons-would-be-sovereign-default-fitch-2022-03-15/

 

Limit up or limit down? Nickel traders are bracing for wild ride

https://www.bnnbloomberg.ca/limit-up-or-limit-down-nickel-traders-are-bracing-for-wild-ride-1.1738172

all pb

see: >>130330, >>130334, >>130335 JPMorgan Leads Talks to Contain Nickel Crisis Damage

>>130135 JPMorgan Emerges As Largest Counterparty To Chinese Tycoon's Massive Nickel Short Squeeze

Basically it was JP Morgan who got caught short. see this >>130439

 

https://finance.yahoo.com/quote/%5EIXIC

https://www.marketwatch.com/investing/bond/tmubmusd07y

https://www.marketwatch.com/investing/bond/tmubmusd10y

https://www.macrotrends.net/2566/crude-oil-prices-today-live-chart

Anonymous ID: 5693c3 March 15, 2022, 4:01 p.m. No.130582   🗄️.is đź”—kun   >>0597 >>0674 >>0690

5-Count Felon JPMorgan Is at the Center of a New, Multi-Billion Dollar Trading Scandal

 

Traders who feel they were robbed of their profits trading nickel last week at the London Metal Exchange (LME) have taken to Twitter to verbally accuse the LME of favoring their “cronies” and behaving like “slime balls.”

 

Lining up as crony suspect Number 1 are units of JPMorgan Chase who, together, hold the largest number of Class B shares in the London Metal Exchange than any other member. Those units are J.P. Morgan Markets Limited with 25,000 shares; J.P. Morgan Metals Limited with 19,100 shares; and J.P. Morgan Securities with 25,000 shares for a total of 69,100 Class B shares, according to a listing of shareholders on the LME’s website. In addition, the CEO of the Hong Kong Stock Exchanges and Clearing (HKEX), which bought the LME in 2012, is Nicolas Aguzin. He joined the HKEX last May after spending 31 years at JPMorgan. Aguzin also serves as a Board Member of the LME, where his bio notes that “from 2013 to 2020, Mr. Aguzin was CEO, J.P. Morgan, Asia Pacific where he was responsible for all the firm’s business across 17 markets.” The reason that both the LME and JPMorgan are taking the heat from traders who say they were “robbed” of their profits, is that one of JPMorgan’s clients – the Chinese nickel and steel producer Tsingshan Holding Group – had secretly built up a massive short position in nickel, using both contracts at the LME and also over-the-counter derivative contracts with JPMorgan and other banks. When the price of nickel began to spike dramatically higher last Tuesday, the banks scurried to try to close out their short positions in nickel by buying back the contracts. That heavy buying pushed the price of nickel to a record $100,000 a metric ton and the banks could no longer afford to keep buying to close their short positions.

 

Bloomberg News has named JPMorgan as the largest counterparty to the Tsingshan trades while the Wall Street Journal has indicated that Standard Chartered and BNP Paribas are also involved.-named here >>130330 pb on Sunday evening. It is believed that at some point last Tuesday the banks came clean with the LME as to what their total derivative exposure was and to the massive losses they would experience if the trading that occurred last Tuesday was allowed to stand. What is not in dispute is that the LME suspended trading in nickel last Tuesday and cancelled all of the thousands of trades that had occurred last Tuesday prior to the suspension of trading. The cancelled trades benefited the short positions but left other traders with profitable long positions out in the cold. (You can read all of the LME’s pronouncements about cancelled nickel trades and the like at this official link.) In addition, to give JPMorgan and the other banks involved time to figure out a solution to their self-made mess, the LME has suspended trading in nickel since last Tuesday. Yesterday, the LME posted a notice stating that “trading in LME Nickel Contracts will resume at 08:00 [a.m.] London time on Wednesday 16 March 2022.”

 

As our readers might recall, it was secret derivative contracts in concentrated positions of certain stocks held by the big banks on behalf of the Archegos hedge fund last March that cost major global banks over $10 billion in losses. And yet, here we are again talking about secret derivative contracts and potentially heavy losses for banks. Because we can't have THAT as a result- >>130439 pb Tsingshan’s controlling shareholder is Xiang Guangda, who is believed to have been behind the idea of going short billions of dollars in nickel. Yesterday, Bloomberg News reported that Guangda had “reached a deal with his banks for a standstill agreement to avoid further margin calls. During the standstill period, Xiang Guangda’s Tsingshan Group Holding Co. and its banks will continue discussions about a secured credit facility to cover the company’s nickel margin and settlement requirements….”

 

As we pointed out in our past reporting on Archegos, margin loans are supposed to be federally-regulated so that systemically-important banks like JPMorgan Chase don’t blow themselves up and leave the taxpayer on the hook for a bailout. The FCA responded promptly,and in a typical fashion, the CFTC remained silent.

moar

https://wallstreetonparade.com/2022/03/5-count-felon-jpmorgan-is-at-the-center-of-a-new-multi-billion-dollar-trading-scandal/

 

Backing up what has already been said, in here, starting on Sunday evening

all pb

see: >>130330, >>130334, >>130335 JPMorgan Leads Talks to Contain Nickel Crisis Damage

>>130135 JPMorgan Emerges As Largest Counterparty To Chinese Tycoon's Massive Nickel Short Squeeze

Basically it was JP Morgan who got caught short. see this >>130439

Anonymous ID: 5693c3 March 15, 2022, 4:13 p.m. No.130583   🗄️.is đź”—kun   >>0674 >>0690

>>130401 pb

SAM541 USAF G5 departing San Jose Costa Rica arrival from Mexico City and they arrived dhere yesterday

 

Mayorkas visiting Mexico, Costa Rica to address migration

DHS Secretary reportedly to alert Mexico of new spike in migration once Biden rescinds Title 42 as early as April. Homeland Security Secretary Alejandro Mayorkas is in Mexico Monday to address immigration and public safety issues. The visit is part of a two-day trip to Latin America with stops in Mexico City and San Jose, Costa Rica, the U.S. Embassy in Mexico told media there. Mexican President Andres Manuel Lopez Obrador confirmed the visit at his daily news briefing broadcast on YouTube. “We are meeting at noon,” Lopez Obrador said, adding he also met with U.S. Ambassador to Mexico Ken Salazar over the weekend. “Relations are good with the United States.” The president and Mexican Foreign Minister Marcelo Ebrard tweeted photos of the meeting.

https://cw39.com/cw39/mayorkas-visiting-mexico-costa-rica-to-address-migration/

Anonymous ID: 5693c3 March 15, 2022, 4:48 p.m. No.130588   🗄️.is đź”—kun   >>0674 >>0690

'''Update on COMEX Silver cash for trash payments: $60,360,000-March 14th transactions

Here is what was done with the EFP 'process' yesterday-March 14th-cap #1

*An exchange for physical trade (EFP) is a privately negotiated and simultaneous exchange of a futures position for a cash position.

 

480 contracts total 50 for April and 430 for May delivery=480 X 5,000/ozs per contracts= 2,400,000/ozs of paper Ag exchanged for cash.

 

Taking an input price of $25.15 gives you $60,360,000 in cash delivered for those contracts.

https://www.cmegroup.com/markets/metals/precious/silver.volume.options.html#optionProductId=458

 

A total of 56,633 contracts traded yesterday X 5,000/ozs per contract = 283,165,000/ozs of Ag "traded" on the COMEX. Using same input price from above works out to be $7,121,599,750 or putting it succinctly this is what is cost the system to slam it starting on Sunday evening

>>130333 pb Au Ag open up down quite a bit in usually quiet part of the day-Asian open

Anonymous ID: 5693c3 March 15, 2022, 6:09 p.m. No.130593   🗄️.is đź”—kun   >>0674 >>0690

Japan ruling coalition proposes new stimulus package to cushion economy

 

Japan's ruling coalition officials called on Tuesday (Mar 15) for a fresh spending package to cushion the economic blow from the Ukraine crisis, which has hit households and retailers by driving up already rising energy and food prices. The coalition also urged the government to offer payouts to pensioners to ease the pain from the COVID-19 pandemic, a sign Tokyo will be slow in weaning off crisis-mode support for the fragile economic recovery. "We'll proceed with deliberations, taking into account the ruling coalition's proposal," Chief Cabinet Secretary Hirokazu Matsuno told reporters, when asked about the payout idea. Japan must come up with measures to deal with a possible economic downturn as the war in Ukraine could aggravate the hit from rising inflation, said Tatsuo Fukuda, general council chairperson of the ruling Liberal Democratic Party (LDP). "Given rising inflation, there's a chance Japan may experience stagflation," Fukuda told a media briefing. In a speech at a meeting of government and ruling coalition officials, Natsuo Yamaguchi, head of the LDP's coalition partner Komeito, also proposed compiling a new stimulus package.

https://www.channelnewsasia.com/asia/japan-ruling-coalition-proposes-new-stimulus-package-cushion-economy-2564911

Anonymous ID: 5693c3 March 15, 2022, 8:11 p.m. No.130597   🗄️.is đź”—kun   >>0674 >>0690

edited for already known content

 

>>130581, >>130582

LME confirms price limits for nickel trading when markets reopen tomorrow

 

Trading in nickel contracts on the London Metal Exchange (LME) will resume at 0800 GMT tomorrow, after being suspended for over a week.

 

LME has confirmed this will include daily upper and lower price limits – to ensure future rallies reflect the underlying value of the metal.

 

The price controls were foreshadowed by Matthew Chamberlain LME chief executive. He told Times Radio he would “definitely” consider whether the LME should limit short-selling following the debacle, despite previous pushback from sellers about potentially more supervision in the market.

https://www.cityam.com/lme-confirms-price-limits-for-nickel-trading-when-markets-reopen-tomorrow/

 

Price controls which limits the upside as the pricing ran away from the system bacause it was MASSIVELY short. This is EXACTLY what will happen in the Silver Market and how they will do it when they lose control of it.

 

The History of 'Controlled Prices'

https://www.phenomenalworld.org/analysis/controlled-prices/

Anonymous ID: 5693c3 March 15, 2022, 8:29 p.m. No.130598   🗄️.is đź”—kun   >>0599 >>0674 >>0690

The Hunt Brothers and Silver Thursday

 

The biggest mistake the Hunt Brothers made was increasing the amount of COMEX contracts they had in combination with the amount of physical they had amassed-the COMEX kept raising margin requirements for holders of said contracts. If they just concentrated on the physical accumulation they would have lasted longer-but ultimately the house always wins.

That foray ended when Bunker Hunt called his brother on March 25th 1980 and said "shut it down".

It got to the point where the treasury had to go to the Defense Department and secure silver to issue through the US Assay office-those coins are still around (have a few as keepsakes) in an attempt to battle those "nasty" speculators.

 

The cost of carrying those contracts overwhelmed there own fiscal ability to keep carrying them so they sold them off and the price dropped as a result.

 

This video shows that there is nothing new under the sun-the slimebag at the CFTC (at about 6:20 in) is quite funny-even looks at the camera while saying they are here "to protect small customers and commercial users of the commodities markets....."

Almost got it all out with a straight face too.

Ironically this was the same reason that the Nixon Administration used when they took the dollar off the Gold standard in 1971 as a "temporary measure".

https://www.youtube.com/watch?v=eSYp7ilwH2g

Anonymous ID: 5693c3 March 16, 2022, 7:21 a.m. No.130607   🗄️.is đź”—kun   >>0610 >>0674 >>0690

Med and Yerp snap about 1.5 hours before sunset

Bottom to top

German AF GAF161 nw from Amman, Jordan-it arrived yesterday from Hanover and had a stop at Beirut prior to Amman arrival

Turkish AF ALEV45 C-130 Hercules from Bandirma AB to Afyon AB and has departed after 2 hours on ground

German AF PRMIR62 A400M north from Bucharest-did some circling just north of and has moved a little further north after that-covering supply lines

High level Spanish AF Falcon 900 wn from Chisinau, Moldova after arriving yesterday

Canadian AF CFC4220 C-130 Super Hercules ne from Zagreb to Rzesow Airport

63-8019 USAF KC-135 Stratotanker se over Romania from Spangdahlem AB

LAGR250 USAF KC-135 Stratotankert ne from Rota AB, Spain

French AF CTM1041 A330 returning to Paris after stopping in Chad-prolly moar Foreign LEgion troops being picked up

Italian AF4577 C-130 ne from Pisa to Rzesow

REDEYE6 USAF E-8C Joint STARS on the track over eastern Poland with JAKE12 USAF RC-135 Rivet Joint closer to Polish border

Dutch AF MMF19 A330 MRTT on the track as the aerial filling station

German AF GAF610 A400M nw fromSilac, Slovenia

REBEL73 US Army Beech Super King Air nw from Ramstein

RAF RRR9413 KC3 Voyager did dome trackin sw of Tallinn, Estonia and heading sw from that

RAF RRR6771 C-17 Globemaster wn from Siauliai, Lithuania

Anonymous ID: 5693c3 March 16, 2022, 7:30 a.m. No.130608   🗄️.is đź”—kun   >>0614 >>0674 >>0690

U.S. Mint announces silver shortage

 

The United States Mint will not strike 2022 Morgan or Peace dollars, with Mint officials identifying silver planchet shortages as the reason for the cancellation of the planned coins.The United States Mint today announced it will forgo the production and sales of Morgan and Peace Silver Dollars in 2022. This calculated pause is directly related to the global pandemic’s impact upon the availability of silver blanks from the Mint’s suppliers. The suspension will give the Mint time to evaluate the best way to allocate our limited supply of silver to ensure the best customer experience we can. “We’ll be required to make business decisions like this until the supply chain for silver blanks recovers from the disruptions caused by COVID,” said Mint Deputy Director Ventris C. Gibson.

 

“I want to be ensure that our customers know,” she said, “that the modern renditions of the historic Morgan and Peace Silver Dollars will continue next year. Our goal is straightforward: to give our loyal customers the products they want and the service they deserve.”

https://citizenfreepress.com/breaking/u-s-mint-announces-silver-shortage/

 

Translated= they ran or are running out of blanks-they stopped producing the Eagles last year and then returned a few months later when the started up again.

The difference was there was a notch missing at the bottom of the coin

Type 1 2021 Eagles-full

Type 2 2021 Eagle- one notch missing at bottom-cap #2

Think coin clipping

Also changed the design

from July 2021

2021-W Proof American Silver Eagle (Type 2) Release

https://www.coinnews.net/2021/07/20/2021-w-proof-american-silver-eagle-type-2-release/

 

The 2021 Type 1's have had quite a premium as not many were made (even before the latest demand and supply issues)

Anonymous ID: 5693c3 March 16, 2022, 8:01 a.m. No.130616   🗄️.is đź”—kun

Belgian AF BAF647 and 648 A400Ms heading se and off-shore after departing Charleston Int'l Airport

Both arrived at Charleston yesterday from MCAS Yuma and were there since 0225 and have done training exercises over that area almost every day prior to departing yesterday

Anonymous ID: 5693c3 March 16, 2022, 8:02 a.m. No.130617   🗄️.is đź”—kun   >>0619 >>0674 >>0690

Belgian AF BAF647 and 648 A400Ms heading se and off-shore after departing Charleston Int'l Airport

Both arrived at Charleston yesterday from MCAS Yuma and were there since 0225 and have done training exercises over that area almost every day prior to departing yesterday

Anonymous ID: 5693c3 March 16, 2022, 8:06 a.m. No.130620   🗄️.is đź”—kun   >>0674 >>0690

Japan earthquake: Tsunami warning as 7.3 tremor hits Fukushima and rocks Tokyo

 

A huge 7.3-magnitude earthquake has hit Fukushima, Japan - triggering a tsunami warning as tremors were felt as far away as Tokyo. Parts of Tokyo have endured power outages as a result.

 

It is not yet clear if any people were injured following the quake, or the scale of damage caused. One witness posted on the ESMC website: "Two one after another. Second was the strongest. Not too bad but in this area of Northern Tokyo it seemed to go on for a couple minutes."

Another wrote: "Felt very strongly in Kashima. Apartment was strongly swaying the entire time."

https://www.mirror.co.uk/news/world-news/breaking-japan-earthquake-tsunami-warning-25954064

https://youtu.be/99LZIZTZ9ok

Anonymous ID: 5693c3 March 16, 2022, 8:17 a.m. No.130627   🗄️.is đź”—kun   >>0640

the big boys loaded up short when it was in the $120s-just like they did with the metals 'cause it's traders being traders-now the inventory build matters when it din't before.

 

Oil Slides To Session Lows After DOE Reports Unexpected Surge In Crude Inventories

 

With traders expecting a drop Crude inventories in the latest week, moments ago the DOE surprise the oil market when, in an echo of last night's API report, it said that crude stocks actually grew by an unexpectedly large 4.345MM barrels, just shy of the highest weekly build of 2022 (it rose 4.5mm in the week of Feb 18), and printed far higher than the expected -1.8MM drop. It was not immediately clear how such a large crude build was possible unless demand destruction has already struck.

Additionally, the DOE also reported the following:

*Gasoline -3,615k vs est. -1,462k

*Distillates +332k vs est. -1,759k

*Cushing crude +1,786k

*Refinery utilization +1.1ppt vs est. +0.4ppt

*Crude production unchanged

 

The report was published just minutes after the FT reported that Ukraine and Russia are working on a peace plan, which helped send oil down by $3 from near session highs. The double whammy of the unexpectedly high inventory build was sufficient to push WTI to session lows of $94.6 with Brent following suit.

https://www.zerohedge.com/markets/oil-slides-session-lows-after-doe-reports-unexpected-surge-crude-inventories

Current Price is $96.0x and getting a bounce here as shorts cover

https://www.macrotrends.net/2566/crude-oil-prices-today-live-chart

Anonymous ID: 5693c3 March 16, 2022, 9:07 a.m. No.130640   🗄️.is đź”—kun   >>0647 >>0662 >>0674 >>0681 >>0690

Mkt Fag: Morning Market Report

 

And the 'rally continues on the same rhetoric that "peace" is about to break out-it's too bad that it's just a YUGE movie set and no one wants accept that. Stocks higher because of expected FOMC rate rise-probably the most telegraphed one in history however as mentioned so many times this has already been done- 10 year note has laready done this for them-cap #3

>>130445

>So they can raise them by 25 or 50 or not do a damn thing because IT HAS ALREADY BEEN DONE

They (big boys) are just using these pops as exits...witness this yesterday >>130539 which then disappeared from the daily chart later >>130580 cap #2

The hot-air machine known as the NASDAQ gettin juiced heavily but as in previous that volume is drying up-black line. J-J-J-Janet gona need some button access to keep it here or moar "peace breaks out" headlines released soon. HFT bots trading same set of shares back and forth also accomplishes this too so sometimes JAnet doen't need to intervene-you can see it in Level 2 data. Also many shorts keep getting ass handed to them so they cover into the open-visible on all three majors.

 

The dollar has turned down from it's attempt to break out from it's almost 2 year high as well. cap#5- down just under .45% as of this post and should continue to weaken.

some additional headlines

ECB puts Russians in EU, even residents, under scanner

European Union regulators have told some banks to scrutinise transactions by all Russian and Belarusian clients, including EU residents, to ensure that they are not used to circumvent Western sanctions against Moscow, three sources told Reuters. The instructions from European Central Bank (ECB) supervisors mean tens of thousands of Russians and Belarusians resident in the EU face intense surveillance by their banks, which are on alert for big payments and deposits as well as new credit applications, the sources familiar with the matter said. While EU sanctions against Moscow exempt people holding temporary or permanent EU residence permits, they place some restrictions on access by Russian nationals to banking services, including preventing banks from accepting deposits above 100,000 euros ($110,000) from Russian nationals or entities.

https://www.reuters.com/business/exclusive-ecb-tells-banks-watch-all-russian-clients-widening-sanctions-net-2022-03-15/

 

Trafigura Seeks PE Funding as Commodity Surge Triggers Margin Calls

*Trader discussed $2 billion to $3 billion deal with Blackstone

*Company faced multibillion-dollar margin calls last week

Trafigura Group, one of the world’s top oil and metals traders, has been holding talks with private equity groups to secure additional financing as soaring prices trigger giant margin calls across the commodities industry.

https://www.bloomberg.com/news/articles/2022-03-15/trafigura-seeks-funding-from-private-equity-as-commodities-soar

The margin call feedback loop triggered and will only intensify as the system tries to bang all these down for the qtr close in two weeks-hedging is a bitch when it goes parabolicon you-so if JP Morgans case they just have the trades busted and steal the legitimate traders profits who were just quietly going long. Stocks up Good...Commodities up BAD (when the big boys have huge short positions).

>>130627 Oil Slides To Session Lows After DOE Reports Unexpected Surge In Crude Inventories-cap #4

and already up at $96.94 but that looks like that is about it unless the aforementioned peace breaks out headlines keep coming

 

https://www.marketwatch.com/investing/bond/tmubmusd10y

https://finance.yahoo.com/quote/%5EIXIC?p=%5EIXIC

https://www.marketwatch.com/investing/index/dxy

Anonymous ID: 5693c3 March 16, 2022, 9:18 a.m. No.130644   🗄️.is đź”—kun   >>0674 >>0690

09-0018 USAF C-32A out on a cert flight-this AC spent an extensive amount of time at Majors Airport in Greenville, TX and was completely upgraded so it is still being eased into the fleet with these flights-look for it to return to active service very soon-possibly as the backup for Not AF1 Joes trip to Brussels next week

>>130578 Biden to travel to Brussels next week for NATO summit in show of solidarity against Russia

 

As a reminder the issue with 92-9000 747 still exists as the C-32A known as 98-0001 reappeared last week-but actually had a flight from JBA to Atlanta on 1220 and sat there until last weeks flight off-shore

>sorry pf was in the ER when the 1220 flight habbened or that "mystery" would have been over then.

see in pf thread here >>129744 for 98-0001 deets

Also same for Secretary of Defense who has not used the Nightwatch for the last two Int'l trips >>102189

and Kneepads not having AF2 for last two Int'l trips as well.

Anonymous ID: 5693c3 March 16, 2022, 9:53 a.m. No.130647   🗄️.is đź”—kun   >>0648 >>0674 >>0690

>>130640

moar evidence of a tired overdone "rally"

Yet another buyback plan

 

Avis Budget OKs $1 billion share buyback plan

 

Avis Budget Group Inc. CAR, 8.95% said Wednesday its board has approved a $1 billion increase to the car-rental company's existing share buyback authorization. Avis has about $1.16 billion of available share repurchase authorization remaining as of Wednesday. Shares of Avis rose nearly 8% in midday trading Wednesday, and are up 276% in the past 12 months, which compares with gains of around 9.3% for the S&P 500 index. SPX, 1.41%

https://www.marketwatch.com/story/avis-budget-oks-1-billion-share-buyback-plan-2022-03-16

 

Revs per day were dropping fast in last earnings report so they just use the same old trick by removing shares from the marketplace so the EPS #'s "improve" without actually having to do anything constructive about it

Anonymous ID: 5693c3 March 16, 2022, 10:03 a.m. No.130649   🗄️.is đź”—kun

>>130648

they can hide it fairly easily as the 10-Q/Ks are nothing but jokes and have been for a very long time

the biggest offending area being the "donations in kind" bucket

Fuggen Alphabet places billions in it every qtr same with the rest but they are a particularly big user of that.

They sold Dragonfly off to someone for little to no money because it was never reflected anywhere in 2018 but they had something like $18B in that accounting entry for just one qtr-so buried in dhere caue it's not ever broken out.

AMZN was the only one out of all of them that got smart and din't run the black $ through the advertising budget-the rest of them did and it stood out quite easily

Ask anyone who uses social media and how many times they actually clicked on an ad.

Facebook was the biggest offender of that imo

Anonymous ID: 5693c3 March 16, 2022, 10:23 a.m. No.130651   🗄️.is đź”—kun   >>0674 >>0690

CFC1 Challenger CL-60 departing Toronto Int'l Airport after a ground stop of a little under 5 hours

 

Truodope departing Toronto Pearson Int'l after arriving from Ottawa 5 hours ago

 

The Prime Minister and the Premier of Ontario, Doug Ford, will visit the production facilities of Honda Canada Manufacturing. The Minister of Innovation, Science and Industry, François-Philippe Champagne, and Ontario’s Minister of Economic Development, Job Creation and Trade, Vic Fedeli, will also be in attendance.

 

The Prime Minister will make an announcement with the Premier of Ontario, Doug Ford. The Minister of Innovation, Science and Industry, François-Philippe Champagne, and Ontario’s Minister of Economic Development, Job Creation and Trade, Vic Fedeli, will also be in attendance. A media availability will follow.

https://pm.gc.ca/en/news/itineraries/2022/03/16/update-prime-ministers-itinerary-wednesday-march-16-2022

Anonymous ID: 5693c3 March 16, 2022, 10:33 a.m. No.130654   🗄️.is đź”—kun

>>130653

>no one buying that either

dhey try harder and harder

mention it so many times then come in with the "See how many times oss got/gets mentioned?" routine.

Leaving out the part where they are ones that post it over and over.

Anonymous ID: 5693c3 March 16, 2022, 10:55 a.m. No.130659   🗄️.is đź”—kun   >>0674 >>0690

Polish AF PLF101 737 Polish President Duda departed Ankara after 'visiting' with Erdogan

Back to Warsaw after 6 hours on the ground

 

Turkey's Erdogan, Poland's Duda call for diplomatic efforts on Ukraine conflict

https://www.reuters.com/world/turkeys-erdogan-polands-duda-call-diplomatic-efforts-ukraine-conflict-2022-03-16/

Anonymous ID: 5693c3 March 16, 2022, 11 a.m. No.130662   🗄️.is đź”—kun   >>0674 >>0690

>>130640

Chinese stocks stage record rally as Beijing moves to calm markets

 

Chinese stocks mounted a record rally Wednesday after Beijing said it would move to stabilize markets and the economy, sending Hong Kong's benchmark index to its biggest gain since the 2008 financial crisis.

 

The surge continued in New York. Online retailer JD.com was up 28% around 10:30 a.m. local time, while Alibaba gained 21%. Internet service provider Baidu saw a 24% rise and fast-food chain holding company Yum China climbed 7%. Electric vehicle maker Nio saw an increase of 17%. The Nasdaq Golden Dragon Chinese Index, a benchmark for U.S.-traded companies, was up 25%. Earlier in Hong Kong, Chinese tech stocks staged an impressive rally after days of intense selling. The surge was led by a 48.3% climb in shares of Global Data Solutions while video-sharing platform Bilibili jumped 40.8%. JD.com, Nio, short-video platform Kuaishou and food delivery provider Meituan all gained more than 30%. Alibaba climbed 27.3%, while Tencent Holdings went up 23.2%. By the close, Hong Kong's Hang Seng Index was up 9.1%, bouncing off a six-year low to its biggest jump since 2008, while benchmark indexes in Shanghai and Shenzhen rose 3.5% and 4%, respectively. The Hang Seng Tech Index, which includes several Chinese technology companies listed in Hong Kong and New York, closed up 22.2%, its largest daily rise since 2009.

 

In a filing to the Hong Kong Stock Exchange Wednesday, Bilibili, which had sought a secondary listing in the city last year, said it would pursue a dual-primary listing on the bourse. Markets have been roiled by Russia's invasion of Ukraine and China's worst-ever COVID-19 outbreak, which forced the lockdown of financial center Shanghai and industrial hub Shenzhen, and stoked broader concerns about the world's No. 2 economy.

 

However, shares got a boost as Beijing signaled Wednesday that it would move to stabilize markets, take steps to deal with a property market crisis and speed up the work of a wide-ranging regulatory crackdown, including reviews of major Chinese tech companies. "Relevant departments should actively introduce policies that are beneficial to the market and cautiously introduce contractionary policies," said state news agency Xinhua, citing a meeting of the Financial Stability and Development Committee under the State Council chaired by Vice-Premier Liu He. Any policies that could impact equity markets should be cleared with the committee first, or the relevant department would be held "accountable, if necessary," it warned. The remarks "mainly served the purpose of guiding market expectations as it sent a signal that top policymakers were aware of market concerns and policy stance would stay accommodative," Goldman Sachs said in a research note. But it added that there was a lack of concrete measures: "Whether or not accommodative communications alone can boost sentiment remains to be seen." The Xinhua report Wednesday also said Beijing and Washington were making "positive progress" over an audit of Chinese companies listed in the U.S.

 

The latest bout of intense selling began last Thursday after five Chinese companies listed in New York were notified by the U.S. Securities and Exchange Commission to expect delisting by 2024. The five, which included restaurant operator Yum China and cancer drug developer BeiGene, are already listed in Hong Kong or Shanghai. The SEC has moved to implement a 2020 law that requires companies listed on American exchanges to allow U.S. inspectors to review their audit records. If Chinese companies cannot meet compliance standards, most will face the risk of being delisted in the U.S. Earlier this week, Chinese tech shares were also hit by Beijing's publication of a new draft regulation that would extend time limits on children's internet use, set last year for games, to streaming and social networking apps.

https://asia.nikkei.com/Business/Markets/Chinese-stocks-stage-record-rally-as-Beijing-moves-to-calm-markets

Anonymous ID: 5693c3 March 16, 2022, 11:13 a.m. No.130666   🗄️.is đź”—kun   >>0667 >>0669 >>0674 >>0681 >>0690

Markets dipped slightly and usually the first move is the head fake.

They've already had the rate rise and the 10 year continues it's ascent (yield-wise) cause no one wants it now.

Cap #2

Ag/Au can't make up it's mind what it wants to do

 

FOMC Statement: Raise Rates 25bps

Indicators of economic activity and employment have continued to strengthen. Job gains have been strong in recent months, and the unemployment rate has declined substantially. Inflation remains elevated, reflecting supply and demand imbalances related to the pandemic, higher energy prices, and broader price pressures. The invasion of Ukraine by Russia is causing tremendous human and economic hardship. The implications for the U.S. economy are highly uncertain, but in the near term the invasion and related events are likely to create additional upward pressure on inflation and weigh on economic activity.

 

The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run. With appropriate firming in the stance of monetary policy, the Committee expects inflation to return to its 2 percent objective and the labor market to remain strong. In support of these goals, the Committee decided to raise the target range for the federal funds rate to 1/4 to 1/2 percent and anticipates that ongoing increases in the target range will be appropriate. In addition, the Committee expects to begin reducing its holdings of Treasury securities and agency debt and agency mortgage-backed securities at a coming meeting. In assessing the appropriate stance of monetary policy, the Committee will continue to monitor the implications of incoming information for the economic outlook. The Committee would be prepared to adjust the stance of monetary policy as appropriate if risks emerge that could impede the attainment of the Committee's goals. The Committee's assessments will take into account a wide range of information, including readings on public health, labor market conditions, inflation pressures and inflation expectations, and financial and international developments. Voting for the monetary policy action were Jerome H. Powell, Chair; John C. Williams, Vice Chair; Michelle W. Bowman; Lael Brainard; Esther L. George; Patrick Harker; Loretta J. Mester; and Christopher J. Waller. Voting against this action was James Bullard, who preferred at this meeting to raise the target range for the federal funds rate by 0.5 percentage point to 1/2 to 3/4 percent. Patrick Harker voted as an alternate member at this meeting.

https://www.calculatedriskblog.com/2022/03/fomc-statement-raise-rates-25bps.html

https://www.marketwatch.com/investing/bond/tmubmusd10y

Anonymous ID: 5693c3 March 16, 2022, 11:25 a.m. No.130669   🗄️.is đź”—kun   >>0674 >>0690

>>130666

none of what they say or do matters.

The public doesn't pay attention as rates have risen from 1.725% on 0301 and risen 52 basis points in 15 days.

FOMC are so far behind it

Look at 10 year now....

Clubbed like a baby seal

https://www.marketwatch.com/investing/bond/tmubmusd10y

Anonymous ID: 5693c3 March 16, 2022, 11:49 a.m. No.130670   🗄️.is đź”—kun   >>0674 >>0690

Deutsche Bank fined for dark pool violations

 

This is the FIRST time I have seen a FINRA violation for dark pools… Could they be starting to crack down on it? You’ve gotta read this. Newest violation on 3/7/2022 – $2,000,000 fine

 

https://www.investmentwatchblog.com/deutsche-bank-fined-for-dark-pool-routing-violations/

Anonymous ID: 5693c3 March 16, 2022, 4:45 p.m. No.130681   🗄️.is đź”—kun   >>0690

>>130640

Mkt Fag: After the bell Market report...all 'bout doze rates...doze rates

 

As previously mentioned-sorry to sound like a broken record but it doesn't matter what they do cause they are so far behind it nao-this whole thing about the FOMC raising rates at every meeting is classic-Jamie Dimon told everyone weeks ago they were gonna do this yet the reaction after this was actually confirmed via the dot plot was quite hilarious. Straight UP (yellow line in cap#2)towards the close-and gunned from 2:36 pm on into the close-just as Powell started yapping his flaps. Decimating everyone who was dumb enough to lay any short position on-don't forget there are 2-3x leveraged short positions too so total destruction after the head fake and then ascent as mentioned above

>>130666 evil trips confirm this : >Markets dipped slightly and usually the first move is the head fake. (red line in Cap#2)

10 year still reflecting the roughly 50 basis point rise since 0301-closed at 2.196%

https://www.marketwatch.com/investing/bond/tmubmusd10y

 

And then wut habbened was this: seven hikes is precisely what the market (and serial douchebag Jamie Dimon) had been saying all along. However, once the Fed confirmed that the market was right, guess what happened? Rate hike odds tumbled. Because they already have them being priced out starting in 2023-see here >>126758 pb FOMC Minutes and mentioned in yesterdays report further up the thread. So what this means is that they (FOMC) has raised rates once (memeber dis is prime NOT real rates you or I pay) yet the 'market' is pricing in roughly two rate cuts in the next 3 years-din't hear Jamie say anything about that then or even nao. See Cap#4

 

But that "confirmation" of something known for over a month was the "fuel" for the ramp into the close-Hello J-J-J Janet and the inkjets!!-black line and the "pile on" from everyone else that saw dat. They had this all ready ta go and this is the dichotomy: The Fed estimated the rate of U.S. inflation, using its favorite PCE price index, would average a whopping 4.3% in 2022. That’s up from the bank’s 2.6% estimate four months ago and just 1.9% a year earlier. Any sane person who shops and looks at it from a pragmatic POV can see the truth about inflation here: https://www.shadowstats.com/

 

They essentially come out and say "well this whole inflation is transitory thing...well we got that wrong...sorry muh bad". The financial MSM articles then say "wow they messed up" but fail to point out how flawed the model(s) are to begin with.

The dollar still coming off it's close to 2 year highs-see cap #3.

 

https://finance.yahoo.com/quote/%5EIXIC

https://www.marketwatch.com/investing/index/dxy

 

Some additional headlines

 

Brazil Delivers 100-Point Rate Hike, Pledges Same Boost for May

Brazil’s central bank raised its interest rate by 100 basis points and pledged a hike of the same magnitude for its next meeting, slowing the pace of one of the world’s most aggressive tightening cycles to gauge the inflationary impact from higher oil prices. Policy makers on Wednesday lifted the benchmark Selic to 11.75%, as forecast by 38 of 44 economists in a Bloomberg survey and in line with prior central bank guidance for a smaller hike. The other analysts either expected a fourth increase of 150 basis points or a still large 125 basis-point boost. The bank has now raised rates by 975 basis points over the past 12 months.

https://www.bnnbloomberg.ca/brazil-delivers-100-point-rate-hike-pledges-same-boost-for-may-1.1738799

 

Two SPACs backed by billionaire Ken Moelis withdraw U.S. IPO plans

https://www.marketscreener.com/quote/stock/BUZZFEED-INC-130340628/news/Two-SPACs-backed-by-billionaire-Ken-Moelis-withdraw-U-S-IPO-plans-39785433/

Just a few weeks ago you couldn't get these out fast enough.....kek

 

EIA: Oil Prices Will Remain Above $100 For Months

Oil prices will remain higher than $100 per barrel in the coming months, reflecting the geopolitical risk from Russia’s war in Ukraine and the tight energy markets with the current and potential future sanctions against Russia, the Energy Information Administration (EIA) said on Wednesday. Brent Crude prices are expected to average $105.22 per barrel this year, the EIA said in its latest Short-Term Energy Outlook (STEO) last week, significantly raising its February forecast of $82.87. In its March STEO last week, the EIA said it expects Brent Crude prices to average $117 a barrel in March, $116 for the second quarter of this year, and $102 per barrel in the second half of 2022. WTI Crude, the U.S. benchmark, is set to average $113 a barrel this month and $112 per barrel for the second quarter of 2022.

https://oilprice.com/Latest-Energy-News/World-News/EIA-Oil-Prices-Will-Remain-Above-100-For-Months.html

Anonymous ID: 5693c3 March 16, 2022, 6:37 p.m. No.130686   🗄️.is đź”—kun   >>0690

Occidental Petroleum bought by Berkshire Hathaway: $1.08B- Mar,14,15,16

 

Been buying steadily since start of the month-this the latest chunk.

https://finviz.com/insidertrading.ashx?oc=1067983&tc=7&b=2