Anonymous ID: a85393 May 10, 2019, 5:33 p.m. No.6466901   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun

US Market Report

since we had 'guests' I refrained

your shift is over soโ€ฆ.

 

Trade Turmoil Sparks Worst Week Of 2019, Wipes Over $2 Trillion Off Global Stocks

 

As stocks went from 'everything is awesome' to the worst week of the year in an instant.

With global money supply failing to support the illusion.

(this is also highlighted by the movement in the 10 year T note-see cap#4)

As stocks began to catch down to the far less exuberant global systemically important banks

China's National Team refused to let stocks fall overnight (following the tariffs) and obviously lifted the market dramatically. However, it was still the worst week of the year.

(Chinese Plunge Protection Team)

An ugly week in Europe too with France and Italy worst.

The week in US equity markets has been dominated by algos chasing headlines about trade talks with dead cat bounces giving way to reality checks.

(that's all it's been for several year's, how else do you explain billions of dollar's thrown at equity's in 30 seconds or so-no real way for human's to react that quickly-See High Frequency Trading)

NOTE - today's "constructive" talks headline prompted the 4th biggest buy program of the month (PPT?).

See the end of the day volume spike on cap#2-do this every day now.

Fucking Munchkins open's his mouth and all the world's problem's are solvedโ€ฆright?-KYS Steve.

Notice that the market turned around when the world's biggest money-losing IPO opened.

And then of course, there's Uber.

$6 gorillion baby!-POOF-not many of those share's-even the placed one's-are in the money- SUCKER'S

 

It shed $6 gorillion in market cap from it's opening today-hope you don't feel nervous over the weekend holding that piece of shit.

But hey it MIGHT be profitable in 2030โ€ฆ.MIGHT.

It seems it took the algos a long time to actually read He's and Mnuchin's comments:

 

Liu He: "No talks are scheduled from here"

Steve Mnuchin: "No future talks planned as of now"

But when they did, stocks rolled overโ€ฆ

Smells like PPT turned up after Mnuchin's comments as VIX flash-crashed (signaled) at 0830ET today then fell after Mnuchin's comments.

This is the seventh Friday in a row where a sudden panic bid lifted stocks.

Second worst week of the year for credit markets.

As mentioned yesterday credit-protection i.e. credit default swaps are blowing out price-wise and are getting to 2008 level again-tick, tock

Treasury yields fell across the curve this week but the long-end notably under-performed.

Read cap#4

Yuan tumbled to 4-month lows.

 

Did not expect a 450 point reversal(from Low's) in the market this morning however it did have juice with munchkins opening his fucking mouth again.

https://www.zerohedge.com/news/2019-05-10/trade-turmoil-sparks-worst-week-2019-wipes-over-2-trillion-global-stocks

Anonymous ID: a85393 May 10, 2019, 5:54 p.m. No.6467088   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun   >>7117 >>7160

Kellogg Trust sells Kellogg Equity

 

The W. K. Kellogg Foundation was founded in June 1930 as the W. K. Kellogg Child Welfare Foundation by breakfast cereal pioneer Will Keith Kellogg. In 1934, Kellogg donated more than $66 million in Kellogg Company stock and other investments to the W. K. Kellogg Trust (equivalent to $990 million in 2018[1]). As with other endowments, the yearly income from this trust funds the foundation.

 

In the early 21st century, the foundation is the seventh largest philanthropic foundation in the U.S. In 2005, the foundation reported that the total assets of the foundation and its trust were US$7.3 billion; about US$5.5 billion of this was in Kellogg Company stock. The foundation funded US$243 million in grants and programs in its 2005 fiscal year. 82% of this was spent in the United States; 9% in southern Africa; and 9% in Latin America and the Caribbean.

 

In 1996, it supplied a multi-year grant worth $750,000 ($1.13 million in 2018 dollars[1]) to start mass salt fluoridation programs which were then carried out by the Pan American Health Organization (PAHO), covering 350 million people in Bolivia, Dominican Republic, Honduras, Nicaragua, Panama, and Venezuela.

The project was part of a multi-year plan launched by PAHO in 1994 to "fluoridate the entire Region of the Americas".

More recently, they have provided funding for HealthCorps to prevent childhood obesity by encouraging students to take personal responsibility for their health and wellness.

https://en.wikipedia.org/wiki/W._K._Kellogg_Foundation

https://www.secform4.com/insider-trading/55067.htm