With 22-year-old portfolio managers shorting energy stocks and commodities beyond record levels to avoid “career risk” and fund NVDA longs by jumping on the biggest bubble bandwagon since the dot.com days , the inevitable short squeeze will be a sight to behold, and according to Reuters it may have started. As Reuters energy analyst John […]
Posts Tagged ‘tumble’
Oil Shorts Squeezed As Cushing Inventories Tumble To Historic Low For January
Futures Rise, Yen Soars, JGBs Tumble As BOJ Rattles Markets
US equity futures are mixed with tech outperforming notably, as both GOOG and AMD rose +2.8% and 3.7% pre-mkt, respectively. As of 8:00am ET, S&P futures were up 0.1% to 4,560 and Nasdaq futures gained 0.2%. 10Y Treasury yields rose 5 basis points as Japanese bonds tumbled and the yen surged 1.6% against the dollar […]
Hospitality Jobs Tumble For First Time In Almost 3 Years As ADP Disappoints
After ADP has printed lower than BLS for the last two months… Source: Bloomberg …expectations were for a small tick higher in November (from 113k to +130k), despite the ugly JOLTS print. However, ADP reported just 103k jobs added (and October revised down to 106k)… Source: Bloomberg Manufacturing saw the biggest job losses but Leisure […]
Truculent Trudeau’s Tumble As Pierre Poilievre Topples the Insufferable Tyrant
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Trudeau’s Tumble: From Canada’s Golden Boy To Political Punchline
Canadian Prime Minister Justin Trudeau’s career appears to be fading to blackface – as his approval ratings, which now suck, have plummeted thanks in no small part to housing and inflation woes fueling a firestorm of disapproval. Despite a safety net agreement with a left-leaning opposition that defers his political reckoning until 2025, the rumblings […]
Yet another train derailment sees 25 freight cars tumble into a Montana river
Yet another train derailment sees 25 freight cars tumble into a Montana river just weeks after massive crashes in South Dakota and Ohio Date: April 2, 2023Author: Nwo Report Posted BY: RM | NwoReport At least 25 cars on a train traveling through Montana derailed Sunday morning, spilling out contents into the area and […]
Oil Prices Bounce Back From Tuesday Tumble as Supply Concerns Return
KUALA LUMPUR—Oil prices rose as much as nearly 3 percent on Wednesday before paring some gains as investors piled back into the market after a heavy rout in the previous session, with supply concerns returning to the fore even as worries about a global recession linger. Brent crude futures rose as much as $3.08, or […]
Have You Ever Watched An Empire Die-Pull Up A Chair, You Have a Front Row Seat-New Home Sales Unexpectedly Tumble In February As Mortgage Apps Crash
I not only understand reincarnation, I know who and where my former lives were lived. I have seem many Empires die. Nasty business. People starve, decay sets in, sex and life are sold dirt cheap. Told the wife the other day as we were looking at her new gas efficient vehicle she got because the […]
Bitcoin Crashes Below $10,000 and Altcoins Tumble Wednesday, Markets Slowly Recovering
Editor’s Note: The cryptocurrency market has recovered significantly just in the last couple of hours. There is speculation that this might have been a massive coordinated sell by the whales (big money Bitcoin players) and other VC/bankers who are eager to get into Bitcoin and other altcoins. It is possible that this was done to […]
Stock markets tumble after Operation Twist … and doubt
Julia KolleweLondon Guardian Sept 22, 2011 The US Federal Reserve’s Operation Twist failed to bring calm to financial markets, which tumbled on Thursday as investors took fright at the US central bank’s gloomy warning about the economic outlook. The FTSE 100 index in London plunged more than 210 points to 5078, a 4% drop, with […]