tybs
SNIPER!
MktFag Report-US Market daily
Stocks, Bonds, Bitcoin, & Bullion Sink As USA 'Risk' Plunges
()=Additions
Liquidity drying up?
(I would say yes as the NASDAQ volume spikes during the day show some rather odd habbenings see cap 3-this continued into the close with less frequency)
Notable weakness in Chinese stocks overnight, pushing them all into the red for the week.
European stocks opened weak, but bounced before ECB comments on neg rates for TLTROs prompted some weakness into the close.
US equities were mixed with Trannies(continues to show the only signs of life-funny that-still a real indication of economic growth-certainly not the NASDAQ action) the biggest clear winner. Every effort was made to get the S&P green and they succeeded.
It was an odd day for stocks - Dow Futures traded in a 30 point range for hours (ignoring the typical chaos around the open), before tanking at the EU close.
The S&P 500 is up 13 of the last 14 days in the last hour of the day and the only down day was 4/2 with a 0.01% drop in the last hour.
(and continues to be the lowest of all three index's with regards to daily average volumes-BTW tyler's I really need to ask this-WHY DO YOU NEVER MENTION VOLUMES?-even had an anon ask this in pb-told them to ask you)
Treasury yields rose (despite stock weakness), jumping 3-4bps across the curve…leaving the curve flat to higher in yields on the week.
(of course they did-Treasury is in the belly of the issuance now and is over with the 10y auction)
With 10Y just below the 2.50% level.
(no coincidences kek-the closer those two lines get on the graph-cap 4 the worse it is for the bank's)
The Dollar surged on the day - ending a 3-day losing streak - back above 97.00.
Cryptos were weaker today pushing Ripple, Litecoin, and Bitcoin Cash into the red for the week. (ha ha-what goes up fast comes down faster-really did you think that was sustainable?)
With Bitcoin briefly testing $5000.
Commodities were down across the board.
Gold droppedback below $1300 as the dollar rebounded. (edit-tumble is too harsh a word.
Who proofs this for you guy's)
Finally, amid all the chatter and worries about President Trump, deficits, debt-loads, petrodollar threats, and on and on… USA Sovereign risk (default/devaluation) tumbled to its lowest since Lehman.
(now this is a carbon-copy of 2008 however the situation is MUCH different-remember it's not 1815 again when the Rothy's intentionally tanked the mkt to scoop up gov't debt on the cheap-look up Napolean's escape here)
Napoleon Escapes and Rothschild Makes a Killing
https://www.mindcontagion.org/banking/hb1815.html
(THIS WILL NOT HABBEN!)
Are stocks starting to recognize that the liquidity buffer is fading.
(ahhh yes they are-running out of ammunition-shorts have been covering all year plus who is buying these at this level of valuation?- not retail of anything to do with fundamentals)
https://www.zerohedge.com/news/2019-04-11/stocks-bonds-bitcoin-bullion-sink-usa-risk-plunges
https://finance.yahoo.com/quote/%5EIXIC?p=^IXIC
https://www.marketwatch.com/investing/bond/tmubmusd10y?countrycode=bx
keep in mind that the attached story about napolean's escape and the subsequent bullshit the rothschilds pulled with the harboring of that information is not going to be allowed to habben. TRUST THE PLAN
An Early Question in the Boeing Crash Lawsuits : Where Should the Claims Be Heard?
Families of those who perished in deadly airplane crashes in Indonesia and Ethiopia are seeking payouts from plane maker Boeing Co. in U.S. courts – but first they have to convince judges that the cases even belong there.
Boeing has succeeded in recent decades in persuading judges to move overseas many cases involving accidents of non-U.S. airlines that occurred on foreign soil. The plane maker argues that courts in the country where the plane went down are better suited to hear the claims. That has helped the Chicago-headquartered manufacturer avoid the traditionally higher damages awarded by U.S. courts, as well as the far-reaching requests for information American attorneys can issue to Boeing as part of their discovery process.
With scrutiny on Boeing's manufacturing already intensifying in the wake of the two crashes – including federal investigations into whether Boeing provided incomplete or misleading information to regulators and customers – aviation lawyers see a higher chance of a U.S. court accepting the lawsuits this time around.
Also improving the likelihood, lawyers say, is that the Ethiopian Airlines crash happened less than five months after a Lion Air plane of the same Boeing model plunged into Indonesia's Java Sea. Investigators in both accidents have pointed to the planes' antistall system, which repeatedly pushed the jets' noses down, causing pilots to lose control.
The crashes prompted the grounding of hundreds of Boeing's blockbuster 737 MAX aircraft in the U.S. and across much of the world amid questions over its safety.
Boeing has said that it is working on a fix to the antistall system, but insists that the accidents were caused by a series of events, including pilot action.
"This is bigger than just a lawsuit," said Peter Flowers, a Chicago lawyer who represents clients in both the Lion Air and Ethiopian Airlines crashes. "This is about the safety of people in the air."
A Boeing spokesman said the company wouldn't comment on the litigation, but added that it is cooperating with investigating authorities and "We extend our deepest condolences and sympathies to the families and loved ones" of those on both flights.
Already, Boeing has asked a Chicago federal court to delay any substantive information being exchanged in more than 30 lawsuits filed over the Lion Air crash until a judge decides whether the cases should be heard there. The company said it plans to file a motion arguing it is more convenient for the cases to be in Indonesia, which it calls the "nation with the greatest interest in the matter."
U.S. plaintiffs' lawyers are proceeding undeterred with litigation over the Ethiopia crash, flying to Africa to sign up clients and filing a handful of cases so far in federal court in Chicago. Some of the lawsuits also name the airline and Rosemount Aerospace Inc., a unit of United Technologies Corp. which made a sensor being probed by air-safety investigators. Rosemount didn't respond to a request for comment.
"Boeing created the plane, built the plane, everything was developed here," said Brian Kabateck, a Los Angeles attorney with several Lion Air cases. "There's no inconvenience to hearing the cases here; in fact it's quite the opposite."
Lawyers point to several advantages for plaintiffs in having their cases heard in U.S. courts, including typically much bigger damages, the far-reaching discovery process, and a system that can be faster than in other nations. Another upside, lawyers say, is the U.S. jury system, which reduces the risk of a single judge siding with the airline or manufacturer.
"In a lot of countries there isn't an independent judicial system," said Justin Green, an attorney with New York-based aviation-law firm Kreindler & Kreindler, which is representing the families of two Kenyans in the Ethiopian Airlines crash.
In recent years, Boeing has convinced courts to move cases out of the U.S. using a law known as forum non conveniens, which allows a judge to dismiss a case if it would be more convenient for another country to hear it. In November, for example, a U.S. district judge in Washington, D.C., dismissed lawsuits filed against Boeing and its insurer over the 2014 disappearance of Malaysia Airlines flight 370 in favor of having them heard in Malaysia.
https://www.marketscreener.com/BOEING-COMPANY-THE-4816/news/An-Early-Question-in-the-Boeing-Crash-Lawsuits-Where-Should-the-Claims-Be-Heard-28392720/
Lyft reportedly threatens to sue Morgan Stanley, accuses the bank of supporting short-selling
(Morgan Stanley is an under-writer in Uber IPO
Lyft has accused Morgan Stanley of supporting short-selling moves among investors ahead of the company's historic IPO last month, according to CNBC.
The company sought answers from Morgan Stanley in an April 2 letter signed by Lyft's counsel Peter Stris that questioned the firm on possible activity that supported investors who are contractually subject to lock-up agreements lodge bets against the company's stock.
A lock-up agreement is a legally binding contract issued by the underwriters of an IPO that prohibits people close to the company, including executive and employees, from selling shares for a period of time, typically ahead of a stock's debut.
CNBC also noted the letter was a response to a New York Post report that cited three sources who said Morgan Stanley supported hedging activities related to Lyft, though the firm said in a statement it flatly denied any such activity.
A Morgan Stanley spokesperson also denied these reports to CNBC, saying that the firm "did not market or execute, directly or indirectly, a sale, short sale, hedge, swap or transfer of risk or value associated with Lyft stock for any Lyft shareholder identified by the company or otherwise known to us to be the subject of a Lyft lock-up agreement."
https://www.businessinsider.com/lyft-to-sue-morgan-stanley-over-short-selling-activities-concerns-2019-4)
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