Anonymous ID: d14a44 March 6, 2020, 1:39 p.m. No.8335314   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun   >>5474 >>5577 >>5737

Market Report

 

Oil, T-bills/Notes/bonds-everything debt related got hammered-especially oil. The Equity Markets were down all day and a late session panic buying spree lifted them to close just shy of the morning's highs-See cap#2. Volumes are still elevated but this is a pretty good finish-no matter how it was done. The global equity market cap collapsed by a record $9tn - or two-thirds of China's GDP - in 9 days, while global; sovereign 10-year bond yields crashed below 1.00% for the first time ever-it did it over the last two pre/post market sessions and was only "rescued" by something-ESF* (Exchange Stabilization Fund). Today was also the biggest single-day jump in the Ultra Bond Future ever. 10Y Yields crashed to a stunning 65bps overnight. The 30Y Yield accelerated lower in the last hour, crashing below the Fed Funds Rate. The fear-driven rush into Treasuries (cap#3 is Yield curve-this is also the signal THEY want to send to you that portends a recession-don't buy itโ€ฆTHEY are way moar fucked with this pile of shitty debt than we, as individuals will ever be) pushed one of the worldโ€™s most-popular bond ETFs to the biggest rally since the 2010 flash crash in stocks. BlackRock Inc.โ€™s $22 billion iShares 20+ Year Treasury Bond fund, ticker TLT, rallied as much as 6.4% on Friday as investors plowed into U.S. debt. That was the fundโ€™s biggest jump since May 6, 2010, when the Dow Jones Industrial Average tumbled nearly 1,000 points in a matter of minutes.

The ESF* quickly stepped in at that point and that drop was erased as quickly as it habbened-for moar on the HFT role in this-and other 'incidents' please see here:

http://www.nanex.net/NxResearch/ResearchPage/3/

The biggest US banks have been taken outside and water-boarded since highs of January-of course the very time they released the Q4 earnings reports. Global Systemically Important Banks stocks have crashed to their lowest since 2016. Credit markets were a bloodbath this week, with both HY and IG blowing out in US and EU. The Dollar Index fell for the 2nd straight week (down 6 of the last 7 weeks). Spot Gold soared up to $1690 - the highest since Jan 2013. Looks like quite the amount of paper thrown at it just before mid-session-because you ALWAYS sell gold for profit by dumping a massive amount of volume on it when everything paper-based is down. Wonder how much THAT stunt cost us-because we are paying for itโ€ฆit's OUR money.

Brent suffered its biggest one-day loss in more than 11 years on Friday after Russia balked at OPECโ€™s proposed steep production cuts to stabilize prices as the coronavirus outbreak slows the global economy and hurts energy demand. A three-year pact between OPEC and Russia ended in acrimony on Friday after Moscow refused to support deeper oil cuts to cope with the outbreak of coronavirus. OPEC responded by removing all limits on its own production. That triggered a rout, with more than 1 million U.S. crude contracts shares trading hands on Friday. U.S. crude futures settled down more than 10%, the largest one-day percentage loss since 2014. OPEC was pushing for an additional 1.5 million barrels per day (bpd) of cuts until the end of 2020. Non-OPEC states were expected to contribute 500,000 bpd to the overall extra cut, OPEC ministers said. The new deal would have meant OPEC+ production curbs amounting to a total of 3.6 million bpd, or about 3.6% of global supply.

More than 4.58 million U.S. front-month crude contracts changed hands this week, the busiest week ever for that contract. This is the worst start to a year for crude since 1986.

VP not playing the game with them and has told them to go fuck themselves (diplomatically speaking)-BRAVO Vlad!!! This effectively makes O.P.E.C. redundant and we get to step up and fill the role with our record high energy production.

Please read this as it goes in to far moar detail than I can and provides a plethora of data and other resources. Thsi place does a good job and has for a while.

Oil Price Armageddon As OPEC+ Disintegrates

https://oilprice.com/Energy/Energy-General/The-Worlds-Most-Powerful-Oil-Alliance-Is-Falling-Apart.html

 

https://www.macrotrends.net/2566/crude-oil-prices-today-live-chart

https://finance.yahoo.com/quote/%5EIXIC?p=^IXIC

https://www.zerohedge.com/markets/stocks-credit-crude-yield-curve-collapse-fed-admits-central-bank-credibility-eroding

Anonymous ID: d14a44 March 6, 2020, 1:47 p.m. No.8335350   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun   >>5368 >>5404 >>5414

LuLu Lemon Former 10% Owner/Director sold: $15.80m-Mar 4-5

 

Shares obtained on conversion of exchangeable shares of Lulu Canadian Holding, Inc. for shares of lululemon athletica Inc. for no consideration exempt under Rule 166-6b.

 

https://www.finviz.com/insidertrading.ashx?oc=1407029&tc=7&b=2

Anonymous ID: d14a44 March 6, 2020, 2:38 p.m. No.8335679   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun   >>5737

Japan to invalidate 2.8 million visas for Chinese amid virus fears

 

TOKYO (Kyodo) โ€“ Japan will temporarily nullify 2.8 million visas held by Chinese and 17,000 held by South Koreans to prevent the new coronavirus from spreading in the country, the Foreign Ministry said Friday. The step is part of measures announced a day earlier by Prime Minister Shinzo Abe, facing a barrage of criticism for his belated response to the outbreak, to toughen border controls and restrict travel from the neighboring countries.

 

The two countries reacted very differently, with South Korea denouncing the move and pledging to take similar steps in retaliation, while China accepted Japan's new restrictions as appropriate to safeguard public health. The visas, including those issued to citizens from Hong Kong and Macau, will become invalid from Monday through March 31, with Japanese Foreign Minister Toshimitsu Motegi saying what happens past that point will depend on whether the coronavirus situation improves or worsens.

 

Chinese and South Korean visitors already in Japan will not have their periods of stay terminated, but if they leave the country they will not be able to re-enter using the same visas while the temporary nullification is in force. Until the end of March, Japan will also ask all travelers from China and South Korea to remain quarantined in government-designated facilities for two weeks.

 

Health minister Katsunobu Kato said foreign nationals traveling from the two countries will likely be requested to stay in hotels, while Japanese will be asked to stay at home. During the quarantine period, accommodation and transportation fees need to be paid out of pocket in principle, the health ministry said, providing a strong deterrent to would-be visitors.

 

"It is a request," Kato said at a press conference, noting that the measure is not mandatory.

 

Japan will also suspend a visa-waiver program covering short stays by tourists from South Korea, Hong Kong and Macau. Japan's economy, still reeling from a consumption tax hike and natural disasters, is also expected to take a hit.

 

The restrictions drew a strong backlash from South Korea, which took reciprocal steps, including suspending the validity of existing visas and halting its visa-waiver program for Japanese citizens from Monday.

https://mainichi.jp/english/articles/20200306/p2g/00m/0na/097000c