tyb
US Market Report
Keep this in mind as this is exactly how we got in this position, now it's being used to OUR advantage and not it's self-serving 'custodians'
>>6750660 lb Wall Street Casino Has Become Taxpayer-Backstopped and Too-Big-to-Fail
Pretty slow day as it opened up lower on the futures action, and meandered towards the close. A warning from Broadcom weighed on it's stock. This is another example of one headline that can shake the entire market-it did not on balance. *Of Note the large blue circle on Cap#2, someone wanted in, in a BIG WAY.
Broadcom Shares Fall as Chipmaker Warns on Trade War Impact
Shares of chip-makers slide after Broadcom cuts guidance for the rest of the year due to U.S. export restrictions, general "broad-based" slowdown.
https://www.usnews.com/news/business/articles/2019-06-14/broadcom-shares-fall-on-weak-outlook
Mortgage rates hold at two-year lows, giving borrowers another shot at the action
https://www.marketwatch.com/story/mortgage-rates-hold-at-two-year-lows-giving-borrowers-another-shot-at-the-action-2019-06-13?
If you are in a position to re-finance and need to, please take advantage of this situation, record lows and the banksters need to continue to write paper to support the crack habit should be utilized by you, again if you can.
This is a decent read, because they are everyday.
How Central Banks Are Losing Credibility, In Three Charts
https://www.zerohedge.com/news/2019-06-14/how-central-banks-are-losing-credibility-three-charts?
Markets Stuck In Limbo As Traders Brace For Next Week's Fireworks
Heading into today's session, the mood had already soured on chip names after Broadcom's dismal guidance cut, which slammed tech names in Asia and Europe,
and which pressured the Semiconductor sector lower all day, and also prevented the Nasdaq from turning green all day.
these warnings will continue as globalism is dying..slowly but it is.
The latest econ data from China did not help, with Industrial Production missing the lowest estimate, and printing at a 17 year low in the latest confirmation that Beijing's attempt to reflate the local economy is failing, even as retail sales staged a modest rebound from last month's disastrous print.
Funny how a few short weeks ago the chinese retail data dropped the most in 30 years but they did not seem to mention that much, now all this is being used to affect the market direction.
However, if traders were hoping that today's bad news would be more good news for stocks, and adding to the certainty that next week the Fed had no choice but to telegraph a rate cut cycle was starting, that hope was dashed when the US reported another back of strong data as retail sales beat and, more importantly, last month's data was solidly revised upward…
Are you starting to see what they are doing here?-the FRB is screwed and will most likely lower rates next week by .25 basis points-not a guarantee but yesterday Vanguard all but shouted for it.
Construction and Banks outperforming, while Tech, Energy, and the Russell all underperformed.
banks outperforming….mmmkay-those earnings reports should be really interdasting-they can't really cut it on fixed income now that they have to trade it back and forth.
Meanwhile as stocks drifted, so did Tsy yields, with the 10Y back to 2.09%, after sliding below 2.06% earlier in the session, before rebounding to unchanged, even as the recent trend is clearly lower, and a 1 handle is distinctly possible next week if the Fed does in fact surprise dovishly.
possibly just prior as someone will pull the trigger in front of it, maybe not in size but there will be someone who thinks they know.
Things were more dramatic in Europe, where the 10Y Bund hit a new negative record of -0.27%…
yea..they are fucked, no two ways about it-F..U..C..K..E..D-gov't debt issuance -wise-see cap#5
Perhaps the most interesting asset of the day was gold, which a growing number of investing legends are starting to buy into what will be the Fed's next easing cycle, yet which after attempting to breakout above a 2 year resistance earlier in the day, was smacked down sliding $20 from intraday highs (thanks to the rebound in the dollar), suggesting that another breakout attempt is due next week.
usually gets three attempts at a break-out or breakdown.
https://www.zerohedge.com/news/2019-06-14/markets-stuck-limbo-traders-brace-next-weeks-fireworks
https://www.marketwatch.com/investing/bond/tmubmusd10y
https://www.dailyfx.com/crude-oil
Have a nice weekend everyone and try to have fun with this aspect of it, they are not going to allow this to crash and penalize us.
Lauren Family L.L.C. sells $8.01m of Ralph Lauren Corp shares-June 13
Ralph Lauren Corporation is engaged in the design, marketing and distribution of lifestyle products, including apparel, accessories, home furnishings and other licensed product categories. The Company operates through three segments: Wholesale, Retail and Licensing. Wholesale business consists of sales made to department stores and specialty stores around the world. Retail business consists of sales made directly to consumers through retail channel, which includes Company's' retail stores, concession-based shop-within-shops and e-commerce operations around the world. Licensing business consists of royalty-based arrangements, under which the Company licenses to unrelated third parties for specified periods the right to operate retail stores and/or to use its various trademarks in connection with the manufacture and sale of designated products, such as certain apparel, eyewear, fragrances and home furnishings.
Number of employees : 23 500 people.
https://www.marketscreener.com/RALPH-LAUREN-CORP-14256/company/
https://www.secform4.com/insider-trading/1037038.htm
regular site back up. Seems they improved the servers.
All the debt that governments put out has to have a payment or yield. When they go negative that means that it actually costs you money to hold them. You are losing when this habbens. The inflation comment is if you take the rate that we see, not the reported rate, and apply it to the payment or yield on those notes it will be lower than zero so technically they are in negative yield but since the treasury cannot have this play out they still have them sitting at a reported rate. This is dropping now because the banks are resorting to playing hot potato in order to fund themselves. They do this because that is cheaper than going to the FRB discount window. If you are same anon then I think we have discussed this.
Have a cookie, it's friday!
they go up in value, price, but ya get less in return.
It's like all that shit you see on ebay that is priced at X. Only worth what someone will pay in the end.
Ty anon, have a good rest of your day/night.
Live Nation EVP & General Counsel sold $4.28m in shares-June 12
Live Nation Entertainment, Inc. is a live entertainment company. The Company's businesses consist of the promotion of live events, including ticketing, sponsorship and advertising. Its segments include Concerts, Sponsorship & Advertising, Ticketing and Artist Nation. The Concerts segment is engaged in promotion of live music events in its owned or operated venues and in rented third-party venues; operation and management of music venues; production of music festivals, and creation of associated content. The Ticketing segment is an agency business that sells tickets for events on behalf of its clients. The Artist Nation segment provides management services to music artists in exchange for a commission on the earnings of artists. The Sponsorship & Advertising segment employs sales force that creates and maintains relationships with sponsors to allow businesses to reach customers through its concert, venue, artist relationship and ticketing assets, including advertising on its Websites.
Number of employees : 8 800 people.
https://www.marketscreener.com/LIVE-NATION-ENTERTAINMENT-13449/company/
https://www.secform4.com/insider-trading/1335258.htm
no one person can know it all, lots of things I don't know. Luckily my spouse takes care of the health angle of that-30 yrs this year. Love her like we first met too.
ty anon, ups and downs like all. appreciate that.
Wif your bad self! owww!
i will, you too!