McDuck's Account Talk

[McDuck]

https://www.thewrap.com/art-bell-paranormal-radio-host-dies-friday-the-13th-at-age-72/

 

[McDuck]

Nightly Business Report July 5, 2018
https://www.youtube.com/watch?v=Na6tO_B4W-c&t=0s

Stocks up on hopes of settlement with Germany regarding importing of cars and low volume of holiday shortened week.

DOW +.75%
Nasdaq +1.13%
S&P500 +.86%

Midnight Deadline on tariffs on China. China says it will not fire first shot.

Semiconductors and Banks down 4% and Industrials down 2% the last few weeks. With chip makers down 10% although up today.

ADP Private Payrolls for June up 177k. 4th straight month below 200k.Business still struggling to find new workers.

Upgrades/Downgrades
Facebook still a buy

Couple turned fitness facebook posts into lucrative business. Couple has 5 millions subscribers and worth $10 million.

Trump to tell NATO countries to increase funding July 11th and 12th.

Big jobs report in the morning.

 

[McDuck]

 

[pmaloney]

Incredible room for lots of gains here. :smile:
Nice chart in troubled times.

 

[McDuck]

[h=1]Stocks cool off after yesterday's 'overreaction' to dovish Powell remarks[/h]https://seekingalpha.com/news/3413196-stocks-cool-yesterdays-overreaction-dovish-powell-remarks

 

[McDuck]

Stocks cool off after yesterday's 'overreaction' to dovish Powell remarks

https://seekingalpha.com/news/3413196-stocks-cool-yesterdays-overreaction-dovish-powell-remarks

Michael Shaoul, chairman and CEO of Marketfield Asset Management, says the big move was "perhaps an overreaction to what was hardly a binding promise to reconsider the path of future rate rises, but at the very least it did remove any possibility of a more aggressive policy being signaled at the December meeting."

 

[McDuck]

https://www.cnbc.com/2018/12/04/bon...nverted-yield-curve-means-weaker-economy.html

[h=1]'Bond king' Jeff Gundlach says yield curve inversion means 'economy is poised to weaken'[/h]

 

[McDuck]

 

[McDuck]

https://seekingalpha.com/news/3414542-volkswagen-says-will-develop-gas-powered-cars-2026

[h=1]Volkswagen says it will develop no more gas-powered cars after 2026[/h]

 

[McDuck]

https://www.cnbc.com/2018/12/05/market-sell-off-set-to-continue-as-dow-futures-get-hit.html

[h=1]US market sell-off set to continue as Dow futures fall more than 350 points[/h]
As of 10:23 p.m., ET, the futures indicated that the Dow would open 373.07 points lower on Thursday.

"On Monday, the yield on the three-year Treasury note surpassed its five-year counterpart. That bond-market phenomenon, known as a yield-curve inversion, is seen as a recession signal. But typically the recession doesn't come until years after and many traders won't see the inversion as official until the two-year yield rises above the 10-year yield."

 

[McDuck]

https://finance.yahoo.com/news/u-stock-futures-drop-china-231755883.html

[h=1]Stocks Fall on Heightened Trade Worry; Dollar Dips: Markets Wrap[/h][FONT=&quot]Sentiment in financial markets has been fragile in recent weeks as traders gauge whether the Fed will soon pause hiking as trade war fears linger.

[/FONT]“Until we get a resolution there won’t be that impasse broken to jump back into the markets,”

[FONT=&quot]

[/FONT]

 

[McDuck]

https://finance.yahoo.com/news/hedge-funds-still-stocks-dump-002921761.html

[h=1]Hedge Funds Have Stocks to Dump, in Bad Sign for Sell-off[/h]hedge-fund buying can be framed as a sign that investor capitulation -- a condition that usually sets the stage for a sustained recovery -- is yet to occur.

“Near other good lows over the past decade, exposure has dropped to 30 percent or less, and we have a long way to go there

 

[McDuck]

[video]https://www.cnbc.com/2018/12/07/cramer-if-fed-doesnt-raise-rates-this-month-the-market-could-panic.html[/video]

• CNBC's Jim Cramer says panic will reign on Wall Street if the Federal Reserve chooses not to raise interest rates in December.
• Investors will assume that something is wrong with the U.S. economy if the central bank doesn't put through its widely expected December hike, the "Mad Money" host says.
• Either way, investors should prepare for more volatility in the stock market.

 

[McDuck]

[h=1]The S&P 500 could drop another 20% in 6 to 18 months, says Leuthold's CIO[/h]https://www.cnbc.com/2018/12/14/leu...nother-20-percent-in-next-6-to-18-months.html

 

[RealMoneyIssues]

[h=1]The S&P 500 could drop another 20% in 6 to 18 months, says Leuthold's CIO[/h]https://www.cnbc.com/2018/12/14/leu...nother-20-percent-in-next-6-to-18-months.html

Another 20% ???

We haven't dropped the first 20% yet?

Either way, ouch...

Sent from my SM-G965U using Tapatalk

 

[McDuck]

 

[McDuck]

The S&P 500 could drop another 20% in 6 to 18 months, says Leuthold's CIO

https://www.cnbc.com/2018/12/14/leu...nother-20-percent-in-next-6-to-18-months.html

The S&P500 closed at 2650 on December 14th, the day before the morning of the interview.
It closed at 2,351 on December 24th.
That is a drop of 11.3% already.

 

[McDuck]

Trump also addressed the Thrift Savings Plan, a retirement-savings plan for federal employees, and a scheduled change to begin including Chinese stocks. The plan was set to move $50 billion from its international index to one with exposure to emerging markets such as China. Yet the board overseeing TSP delayed the move after receiving pushback from the Trump administration and some legislators.

"You know it's run by the Obama appointments, right," Trump said. "We're going to find out whether or not they're going to do it very soon, and if they're not, we're going to replace them very quickly."

https://markets.businessinsider.com/news/stocks/trump-looking-chinese-firms-stocks-trading-us-market-accounting-rules-2020-5-1029202923

 

[nnuut]

I don't like China and their stuff!

 

[ravensfan]

Seems strange that China, which has the 2nd largest economy behind the U.S. and with ambitions to be the largest economy by 2030 is still considered an emerging market???

What am I missing here???