tyb
trips on the sniper
US Market Report-quad witch is ded
Volume in the index's are OFF THE CHART!!!!!!!!-all but the SP500 well over daily averages-THIS IS WINNING FRENS NO DOUBT-the money being forced into this area because bonds suck a mean green one.
Now this will not habben everyday and is all down to Quad witch expiry but the result is the result.
The Oil patch is front and center as the philly refinery explosion has not really spiked oil prices, this will affect wholesale or
refined gasoline and that is up but not in the amount that it should be or has in the past. Why Do I pay over 4$ per gallon when there are three processing or refineries located within a few hundred miles-don't answer as I already know the answer.
Stocks continue to shrug off everything that can be thrown at them-this is very positive despite yields rising today, barely. Would not want to talk about a
one handle one the 10 year note for the entire weekend now would you-they don't. Give this a few moar days to play out, it is on the cusp of a major habbening here
as you will not get much info. about how precarious this continued waffling makes it for the banks and institutions that carry these.
Overall an ok day as a little selling going in to the close, it's a weekend and I would take some off the table too-you cannot predict what news will drop in the next 48 hours
when the worls markets begin to stir so why not book a little so you can have a good time-this ball rolls forward in any case as the mkts are a key part but not the only thing.
Please have a great weekend wherever you are-will raise one for you all later tonight!
Some Headlines
China Hit By "Significant Banking Stress" As SHIBOR Plummets To Recession Levels
following on from last night and earlier this week's yuan printing fest
https://www.zerohedge.com/news/2019-06-21/china-hit-significant-banking-stress-shibor-plummets-recession-levels?
Overstock.com News: Why OSTK Stock Is Surging Today-plans to exit retail and enter blockchain tech
Overstock.com (NASDAQ:OSTK) has been the subject of a rumor surrounding its future as it is believed the business is seeking to exit the retail space and become
a blockchain brand–OSTK stock was soaring today as the company’s boss suggested that the move is indeed happening.
https://investorplace.com/2019/06/overstock-com-news-ostk-stock/
See this site: https://www.deepcapture.com/-this guy understands how, why and who hijacked the markets, this appears to be a good idea as it's not just an ICO or another POS crypto coin.
on the surface this appears to be a signal that our reset is coming-we need a basket of hard assets that is tied to blockchain tech-not the coins we call crypto now-this could be a MAJOR development..watch this space.
OPEC readies for ‘critical’ meeting, decision on oil output cuts
OPEC and allied producers to meet July 1-2. The dates of the separate OPEC ministerial meeting and of OPEC and its allies, known as OPEC+, have been changed to July 1-2, from June 25-26.
They want to see the outcome of the G-20 summit, and they hope Trump and [China President] Xi at least make some progress on a trade deal.
https://www.marketwatch.com/story/opec-readies-for-critical-meeting-decision-on-oil-output-cuts-2019-06-21
Drones Spark Gold's Best Week In 3 Years, Stocks & Bonds Gain
Gold!!! Dramatically outperforming since The Fed capitulated.
Global stocks are pushing up near record highs once again (but BAML points out that consensus 12 month forward global EPS growth expectations has turned negative (-0.3%) for first time since Sept'16)
Just go with it…GO WITH IT
Big week in Chinese stocks with SHCOMP back above the crucial 3000 level (barely).
240 billion yuan would do that- last nights story in pb-they will keep doing this.
Not surprising with so much of European sovereign debt now trading below 0…
Suckers!!!!-not you european anons but the banks-respect for pepe's around the world…banks? yeaa no fuck them
Transactions on S&P 500 stocks spiked on the quadruple witching open, when options and futures on indexes and stocks expire.
this has much to do with the volume spike today but it is significant.
S&P is on target for the best June since 1995
The Dow broke above the Jan 2018 high level that has been resistance since.
Bank Stocks are at their weakest relative to the S&P since Sept 2016.
Should really tell you something….
Global bond yields are collapsing as global stocks soar back to record highs.
10Y Yields managed to scramble back above the crucial 2.00% level today as stocks were bid.
'''see cap#5
WINNING!!!!!!!!
https://www.kitco.com/charts/livesilver.html
https://finance.yahoo.com/quote/%5EGSPC?p=^GSPC
Novocure CEO sold $6.65m in shares-June 19
Busy here
NovoCure Limited is a commercial-stage oncology company. The Company is engaged in developing a cancer treatment centered on a therapy called TTFields, the use of electric fields tuned to specific frequencies to disrupt solid tumor cancer cell division. Its TTFields delivery system is used for the treatment of glioblastoma (GBM) and to advance programs testing of TTFields in multiple solid tumor indications through its clinical pipeline. In addition to its clinical and commercial progress in GBM, it is planning or conducting clinical trials evaluating the use of TTFields in brain metastases, non-small-cell lung cancer (NSCLC), pancreatic cancer, ovarian cancer and mesothelioma. TTFields are delivered through a portable, medical device. The complete delivery system, which is designed to allow patients to go about their daily activities while receiving continuous cancer treatment, includes a portable electric field generator, transducer arrays, rechargeable batteries and accessories.
Number of employees : 495 people.
https://www.marketscreener.com/NOVOCURE-LTD-24157014/company/
https://www.secform4.com/insider-trading/1645113.htm
still early on this but it appears that the CEO is getting out of the retail business, margins suck anyway. He is pretty much behind that web-site
here, it is a great read to see how wall street was taken over by the machines or high frequency trading. It also covers the numerous failures to deliver in the system with the way it tracks the actual mechanics of how it operates.
We need a basket of hard assets that backs our new monetary system and we need to utilize blockchain tech…not the crypto currency's we have now tied to it. This story says they are investing in that, the blockchain. Moar to come here for sure.
!!
pilot has authority
just remember anon these are just opinions however the news that bryne is getting into this is bigly. I don't know if he is good/bad overall but he knows where the bodies are buried on wall street for sure.