Category: NEWS

Posted in NEWS

“We Must Do Better” – Intel Plunges after Slashing Revenue Outlook (As CHIPS Act Passes)

“We Must Do Better” – Intel Plunges after Slashing Revenue Outlook (As CHIPS Act Passes) Oh the irony… On the very day where the sector…

Continue Reading
Posted in NEWS

Stocks, Bonds, Gold, & Cryptos Extend Gains As White House Confirms ‘Fed Pivot’

Stocks, Bonds, Gold, & Cryptos Extend Gains As White House Confirms ‘Fed Pivot’ Deese, Biden, and Yellen all proclaimed: “nope” when questioned whether today’s consecutive…

Continue Reading
Posted in NEWS

Amazon Soars After Smashing Top-Line Expectations Thanks To Solid AWS, Blows Away Guidance

Amazon Soars After Smashing Top-Line Expectations Thanks To Solid AWS, Blows Away Guidance With the bulk of the FAAMG stocks – which is now GAMMA…

Continue Reading
Posted in NEWS

Apple Jumps After Beating Top & Bottom Line; Solid iPhone Sales And China Performance

Apple Jumps After Beating Top & Bottom Line; Solid iPhone Sales And China Performance With Amazon blowing away expectations and guiding to solid revenue growth,…

Continue Reading
Posted in NEWS

With US In Recession, Buyers Scramble For Duration In Blistering 7Y Treasury Auction

With US In Recession, Buyers Scramble For Duration In Blistering 7Y Treasury Auction After remarkably solid 2 and 5 year auctions earlier this week, moments…

Continue Reading
Posted in NEWS

Gamma Levels Can Reveal Huge Forces Driving The Nasdaq

Gamma Levels Can Reveal Huge Forces Driving The Nasdaq Authored by Mott Capital Management’s Michael Kramer via SpotGamma.com, The equity markets have had sharp drawdowns…

Continue Reading
Posted in NEWS

Watch: Treasury Secretary Janet Yellen Explain How We’re Absolutely, Definitely, No Way In ‘Recession’

Watch: Treasury Secretary Janet Yellen Explain How We’re Absolutely, Definitely, No Way In ‘Recession’ Are we in a recession? Yellen, Biden, Deese et al. all…

Continue Reading
Posted in NEWS

July New Vehicle Retail Sales Expected To Crash 10.8%

July New Vehicle Retail Sales Expected To Crash 10.8% It sure looks like the recession that the White House continues to claim doesn’t exist is…

Continue Reading
Posted in NEWS

Walmart Margin Signal Is Warning For Markets

Walmart Margin Signal Is Warning For Markets By Emily Graffeo, Bloomberg reporter and analyst With Walmart Inc. driving home that consumers are retrenching in the face of…

Continue Reading
Posted in NEWS

Watch Live: President Biden Explain (Again) That The US Economy Is Not In Recession, ‘No Way Man!’

Watch Live: President Biden Explain (Again) That The US Economy Is Not In Recession, ‘No Way Man!’ President Biden, having already explained that the US…

Continue Reading
Posted in NEWS

Microsoft Joins With Rivals To Try And Unseat Amazon’s Dominance In Government Cloud Computing Contracts

Microsoft Joins With Rivals To Try And Unseat Amazon’s Dominance In Government Cloud Computing Contracts As the old saying goes: “The enemy of my enemy…

Continue Reading
Posted in NEWS

Manchin’s ‘Inflation Reduction Act’ One Giant, Misnamed Nothingburger, Goldman Finds: “It Will Change Fiscal Impulse By Less Than 0.1% Of GDP”

Manchin’s ‘Inflation Reduction Act’ One Giant, Misnamed Nothingburger, Goldman Finds: “It Will Change Fiscal Impulse By Less Than 0.1% Of GDP” While few have had…

Continue Reading