“This Is Nuts!”, Part Deux Authored by Lance Roberts via RealInvestmentAdvice.com, In this past weekend's newsletter, we discussed the exceedingly deviated price, and overbought conditions, not to mention valuations, as key reasons why we slightly reduced risk in our portfolios. It gives us capital to reinvest back into positions we currently own Read more…
TSLA & BYND Continue Short-Squeeze Melt-Up In Pre-Market Nothing to see here, move along. BYND is up almost 10% in the pre-market and up over 65% in the last 4 days. And the market's other favorite short-squeeze, TSLA, is up 4% in the pre-market – approaching $550. Source
This time, the messages revealed that Boeing employees successfully persuaded Indonesia's Lion Air to forego forcing their pilots to use a full flight simulator to train them on the 737 MAX 8. One Boeing employee wrote in June 2017 – a little over a year before the deadly Lion Air Read more…
JPM Smashes Expectations: Reports Most Profitable Year Ever Thanks To Massive 86% FICC Surge Q4 earnings season has officially begun, and once again it has done so on the right foot, with JPMorgan – which as a reminder is the bank that started QE4 in October by triggering the repo Read more…
Meanwhile, Dialog Semiconductor (-1.4%) fell post-earnings after reporting a deterioration in EPS. That said, sentiment was boosted by reports that the US would lift the currency manipulator label that it has placed on China. Ahead of tomorrow's signing, Politico reported overnight that of the Chinese pledges to buy $200bn of Read more…
China Agrees To Buy More Cars, Airplanes, Energy From US In Phase 1 Trade Deal Sources familiar with the Phase 1 trade deal told Reuters China has agreed to purchase $80 billion of additional manufactured goods from the US over the next 24 months, as part of the “Phase 1” Read more…
Iran Makes First Arrests In Downing Of Ukrainian Plane It looks like Tehran has found its scapegoats for the accidental downing of Ukrainian International Airlines Flight 752. However, it has since changed its tack, agreeing to allow Ukrainian, Canadian, French and American investigators to examine the crash data recovered from Read more…
Gazprom is now an unwelcome investor in Europe and even the privately-owned LUKOIL has mulled divesting its downstream assets and has reduced its retail presence in Europe. The Russian Energy Ministry has repeatedly declined to link Russia's newly-found interest in Africa and the OPEC+ curtailments, saying that greenfield projects usually Read more…
Former Newsweek journalist Tareq Haddad said of his short courtroom appearance Monday that he's actually “Looking much better compared to earlier reports and is able to hold a conversation with his lawyer, Gareth Peirce.” EXCLUSIVE VIDEO @Ruptly Julian Assange pictured whilst being transported from Westminster Magistrates Court following hearing this afternoon pic.twitter.com/0vQGSsK6bB – Barnaby Read more…
The Brexit doom and gloomers have been proven wrong already as Airbus Pledges Expansion in the UK After Brexit. The UK will also play a vital role in helping Airbus transition to low- and zero-carbon technology, Faury said, while also praising its increased funding for the European Space Agency. Never mind Read more…