tyb
U.S. Market Report
() and bold are additions.
Volumes-article below these stats.
Also included is some color on foreign debt ownership at bottom and cap#4 courtesy of latest treasury stats.
NAS
Volume 1,725,056,425
Avg. Volume 2,221,948,032
*that's the comment on cap#2…..
DOW
Volume 267,899,131
Avg. Volume 297,892,131
SP500
Volume 1,867,642,754
Avg. Volume 3,563,864,426
not there again today, only the monday trade…and which way did that go??…rhetorical.
Stocks, Bonds, & Bitcoin Jump As Global Economic Data Dumps
The last 24 hours in global economic data has been the second biggest disappointment in over 5 years.
Chinese stocks rallied because bad news (dismal industrial production and retail sales)
the worst in 16 year's
That's good news for more stimulus, right? because that has worked so well before?
They do not have a choice-going to do it anyway.
European stocks also soared after headlines reported that Trump may delay auto tariffs by six months.
right before they closed too….
US markets were a combination of shitty data (yay easy Fed) and delayed tariffs (yay buy auto makers) that levitated stocks in a deja vu move from yesterday.
well…he 'aint' lying.
The tariff delay headline hit at 1010ET
Nasdaq led the bounce followed by S&P after a weak overnight and open…and following yesterday's pattern of a dead cat bounce, it was an ugly close.
See end of day on cap#2.
Lower lows and lower highs.
on lower volume too-funny how no one talks about this ever.
Big short squeeze delivered the gains today…again-(broken record here-see the big spikes throughout day on cap#2)
Treasury yields were down around 3bps across the curve today, even as stocks soared
mmmmmmkay….
The Dollar Index extended gains overnight but plunged when the auto tariffs headlines hit sparking a big bid for Euros.
another really nigga? moment.
Cryptos continued to rally.
need a mechanism other than dollar's which are becoming scarce for the system.
In keep with the rest of the idiocy, copper and crude rallied after the crap china data (more stimulus). PMs trod water.
Finally, global money supply and fundamentals are no longer supporting stocks.
And despite all the talk about how bad Europe is compared to 'green-shoot'-ing America - US markets are now priced for a more dovish Fed this year than the ECB.
CME futures say September is the start of when they could do it, almost even money.
See this for why China is screwed on it's threat to sell US Debt.
They can't sell it to anyone…who will buy it?
China Owns US Debt, but How Much?
(and Cap#4 for the most current Treasury data)
It seems like every American politician and talking head is concerned by the huge amount of debt that the U.S. government owes Chinese lenders. The Chinese do own a lot of U.S. debt – $1.123 trillion as of December 2018.
Breaking Down Ownership of US Debt
By mid-2017, the total amount of official debt owed by the federal, state and local governments was more than $19.4 trillion. That figure was $22 trillion, as of Feb. 17, 2019. Some experts add more than $120 trillion in unfunded future liabilities on the federal government balance sheet.
Of the $22 trillion in government debts, more than $5 trillion (a little less than one-third) is actually owned by the federal government in trust funds. These are accounts dedicated to Social Security, Medicare and other entitlements. In other words, the government wrote itself a really big IOU and bankrupted one account to finance another activity. IOUs are formed and financed through joint efforts of the U.S. Department of the Treasury and the Federal Reserve.
Much of the rest of the debt is owned by individual investors, corporations and other public entities. This includes everyone from retirees who purchase individual U.S. Treasury's to the Chinese government.
China took the top spot among foreign creditors at $1.123 trillion, followed by Japan, at $1.042 trillion, as of December 2018.
rest at link
https://www.investopedia.com/articles/investing/080615/china-owns-us-debt-how-much.asp
https://www.dailyfx.com/crude-oil
https://finance.yahoo.com/quote/%5EIXIC?p=^IXIC
Cray Inc. Exec sells shares
Cray Inc. is engaged in designing, developing, manufacturing, marketing and servicing the high performance computing (HPC) market, primarily categories of systems known as supercomputers. The Company's segments include Supercomputing, Storage and Data Management, Maintenance and Support, and Engineering Services and Other. The Supercomputing segment includes a suite of supercomputer systems, which are used by engineering centers in universities, government laboratories, and commercial institutions. The Storage and Data Management segment includes Cray Data Warp and Sonexion, as well as other third-party storage products and their ongoing maintenance and system analysts. The Maintenance and Support segment provides ongoing maintenance of Cray supercomputers, big data storage and analytics systems, as well as system analysts. The Engineering Services and Other segment includes the Company's analytics business and Custom Engineering.
Number of employees : 1 273 people.
https://www.marketscreener.com/CRAY-INC-8887/company/
https://www.secform4.com/insider-trading/949158.htm
hard to tell from here anon. But you are right if real. Must do for all if they are holding the bag, so to speak. Established protocol for redemption if the story work's out to be real.
They also had issue's with tungsten filled gold too.
yes..for sure. just remember PANIC. And not in the context of go out and do that. All good in the end as in this frame of reference PANIC is good.
The roller coaster is them fighting back…and losing imo.
Warren Buffett’s Berkshire held an $860 million stake in Amazon
Guess the old fart wasn't lying
Berkshire Hathaway (BRK-A, BRK-B), the giant holding company run by famed investor Warren Buffett, owned $860 million worth of Amazon (AMZN) stock at the end of the first quarter.
On March 31, Berkshire Hathaway held 483,300 shares of the e-commerce giant, according to a 13-F regulatory filing. These filings come out 45 days after the end of each quarter and it’s possible they could have changed in size.
Assuming the position hasn’t changed, though, it’s valued north of $913.4 million.
Elsewhere in the filing, Berkshire reported that it added 9.3 million more shares of JPMorgan (JPM) to last hold more than 59 million shares, a position valued at north of $6 billion. Berkshire also boosted its stake in Delta (DAL) by 5.3 million shares to last hold 70.9 million shares, a position valued at $3.7 billion at the end of the quarter.
Meanwhile, Berkshire trimmed its Wells Fargo (WFC) position by 16.9 million shares, or 3%. Wells Fargo remained the third largest equity holding for Berkshire with 409.8 million shares, a stake valued at around $19.8 billion at the end of the quarter.
Ahead of the annual meeting, Buffett confirmed that Berkshire Hathaway had amassed a new position in Amazon during the first quarter.
The move follows years of Buffett acknowledging that missing Amazon was a mistake.
"Yeah, I've been a fan, and I've been an idiot for not buying," Buffett told CNBC’s Becky Quick at the time. He added that the decision was made by one of his top investment deputies, Todd Combs or Ted Weschler.
Buffett told Yahoo Finance’s Andy Serwer earlier that he’s made bigger mistakes than missing out on investing in Amazon.
"I always admired Jeff [Bezos]. I met him 20 years ago or so. And I thought he was something special, but I didn't realize you could go from books to what's happened there," Buffett said in the wide-ranging interview. "He had a vision and executed it in an incredible way.”
During the Q&A portion of the annual meeting, a shareholder question if Buffett and Berkshire Hathaway were straying from their value investing roots with the Amazon investment.
"It's interesting that the term ‘value investing’ came up because I can assure you both managers — and one of them bought some Amazon stock in the last quarter — he is a value investor,” Buffett said, adding that all investing is “value investing.”
Over the past decade, Buffett has been slowly taking a step back from his responsibilities at his company Berkshire Hathaway. Specifically, he hired two younger money managers, Combs in 2010 and Weschler in 2011, to eventually run Berkshire’s massive investment portfolio.
Combs and Weschler each manage $13 billion of Berkshire’s approximately $173 billion portfolio.
"The two people that, one of whom made the investment in Amazon, they are looking at hundreds of securities," Buffett said at the meeting. "Because they are managing less money in their universe, they are looking for things that they feel they understand what will be developed by that business between now and judgmenhttps://finance.yahoo.com/news/berkshire-hathaway-amazon-position-size-160220028.htmlt day."
cap#2 sauce
https://www.sec.gov/Archives/edgar/data/1067983/000095012319005436/xslForm13F_X01/form13fInfoTable.xml
'cause transporting oil over rail in so much safer. /s
Knew something fucky going on when that deal went down. Paid something like $44b for it in 2009. Just as the "green shoot's" were being pushed on us all.
Fuck him.