Busy market day. Oil has dropped on POTUS comments that it is too high. It is and has been connected with the low-volume equity rally. Diverging in pre-market now.

see:

https://www.zerohedge.com/news/2019-02-25/oil-tumbles-after-trump-warns-prices-are-getting-too-high

________

Chinese Stocks Soar Into Bull Market On Massive Volume After Tariff Deadline Delay

(Chinese stocks up yes…soaring? No- tyler's up ass with some of these recent headlines)

For the past two months, stocks were buying the rumor that a trade deal would happen, and since Sunday night they have been also buying the news, after Donald Trump announced he would postpone the date for boosting tariffs on Chinese imports, taken as a sign of progress in the trade talks. While bonds fell and the dollar retreated, it was the S&P that finally broke above the key 2,800 resistance level that had proven too much for market for the past four months.

But no market was as excited to surge on the late Sunday news as China, where the recent $1 trillion rally pushed two more indexes into bull markets overnight on an explosion of volume: China's CSI 300 Index surged 6% Monday and the Shanghai Composite Index climbed 5.6%, its biggest daily, gain in nearly 4 years and extending their gains from a Jan. 3 low to more than 20%, entering a bull market.

A big driver for this surge in Chinese stocks where the government now appears ok with reflating yet another stock bubble, is the recent increase in margin debt, which has exploded higher over the past two weeks at the fastest pace since 2015.

rest at link

https://www.zerohedge.com/news/2019-02-25/chinese-stocks-soar-bull-market-massive-volume-after-tariff-deadline-delay

https://www.bloomberg.com/markets/stocks/futures

Buffett: Berkshire Nearly Made "A Very Large" Acquisition During Q4

Avid readers of Warren Buffett's annual investor letter complained over the weekend that the legendary investor's 2019 missive was a little repetitive, as Buffett once again lamented that Berkshire didn't see many options for investing its $100 billion cash pile - despite his desire to make another big deal. After accruing just $4 billion in GAAP profits for the full year, analysts and the WSJ described 2018 as one of Buffett's "worst years ever", as an unexpected $3 billion writedown on its investment in Kraft Heinz during Q4 helped lead to a $25 billion loss on the quarter.

But as Buffett revealed during an interview Monday morning on CNBC's Squawk Box, it nearly wasn't so. Because while Berkshire Hathaway didn't pull the trigger on any new deals last year, it did come close to pulling the trigger during Q4. However, the deal ultimately fell through, and Buffett said he didn't think it was "still on the books."

"We had at least one deal possible that would have been very large," Buffett told CNBC's Becky Quick from Berkshire-owned Nebraska Furniture Mart on Monday. "I liked stocks in the fourth quarter but I would like buying a business even better."

In his letter, Buffett explained that, while the prospect of buying a company makes he and Berkshire No. 2 Charlie Munger's "pulse rates soar", the sky high valuations for any companies with decent long-term prospects meant that Berkshire would likely continue to focus on buying marketable securities in 2019.

"That disappointing reality means that 2019 will likely see us again expanding our holdings of marketable equities. We continue, nevertheless, to hope for an elephant-sized acquisition. Even at our ages of 88 and 95 – I'm the young one – that prospect is what causes my heart and Charlie's to beat faster," he said.

When asked for a hint about the mystery deal, Buffett said only that the company he had in mind was "on this planet." Berkshire hasn't bought a company since 2015, when it bought Precision Castparts in a deal valued at $32 billion.

https://www.zerohedge.com/news/2019-02-25/buffett-berkshire-nearly-made-very-large-acquisition-during-q4

Cap three was friday's activity in Kraft-Heinz

Pre-market volume is pretty high with it

Volume 1,100,225

Avg. Volume 8,840,849

>>5375156

Barrick Gold : bids $18 billion for Newmont in gold mega-merger

(Reuters) - Canada's Barrick Gold Corp offered to buy U.S. rival Newmont Mining Corp for nearly $18 billion in stock on Monday, in a deal that would combine the world's two largest gold producers.

Deal-making in the gold industry is growing after remaining dormant for many years. Barrick bought Randgold Resources in a $6 billion deal last month, setting off a wave of deals including Newmont's $10 billion deal for Canada's Goldcorp.

Barrick's acquisition of Newmont will be contingent upon the company scrapping its agreement with Goldcorp, Barrick said, adding that its offer was a "significantly superior" option for Newmont shareholders.

"The combination of Barrick and Newmont will create what is clearly the world's best gold company, with the largest portfolio of Tier One gold assets," Barrick Chief Executive Officer Mark Bristow said in a statement.

"Most important, it will enable us to consider our Nevada assets as one complex," he said.

One of Newmont's chief areas of operations is Nevada, the largest U.S. gold- and silver-producing state, where Newmont's 19 mines are adjacent to Barrick's own operations.

The deal also comes amid a rise in gold prices, which have climbed some 11 percent since October.

Under Barrick's proposal, Newmont shareholders would receive 2.5694 common shares of Barrick for each Newmont share. That translates to a price of about $33 per Newmont share, valuing the company at $17.85 billion, according to Reuters calculations.

Newmont shareholders would hold about 44 percent of the outstanding shares of the combined company.

https://www.marketscreener.com/BARRICK-GOLD-CORP-1408870/news/Barrick-Gold-bids-18-billion-for-Newmont-in-gold-mega-merger-28062120/

>>5375190

you obviously do not get the reference of that.

putting it down

thanks newfag

>>5375220

and they are trying to make it a notable. putting it down. Way moar eye's here than UID's

o7

>>5375204

GE sells biopharma business for $21 billion

(sells it to the company he used to to be CEO of)

(Reuters) - Shares of General Electric Co surged 11 percent on Monday after the U.S. industrial conglomerate said it would sell its biopharma business to Danaher Corp for $21 billion, its first major asset sale under new Chief Executive Officer Larry Culp.

The deal will provide GE with a much needed cash infusion as the maker of power plants and aircraft engines struggles to pay off billions of dollars of debt and insurance liabilities.

GE, once a symbol of American business power and management prowess, has struggled with crisis-era losses linked to its finance arm, forcing it to divest its non-core businesses and rebuild its industrial business.

Culp said the sale to Danaher, where he was chief executive for more than a decade until 2014, was a pivotal milestone in efforts to turn around the 126-year old conglomerate.

https://www.marketscreener.com/DANAHER-CORPORATION-12295/news/Danaher-GE-chief-Culp-sells-biopharma-business-for-21-4-bln-28062901/

https://www.secform4.com/insider-trading/1398659.htm

>>5375500

chek'd

>>5375461

there is no better deal maker. EVER