tsptalk's Market Talk

[bmneveu]

so great they have suspended housing foreclosures for a year.

I knew that they did this, but didn't see that it was for a year?! That sounds extreme if true...

 

[blueroadster]

Out of cuiousity, are you aware of any statistics that measure net inflows/outflows in the US markets over time? Considering the rapid freefall, it would be interesting to know if it is being accentuated by foreign countries divesting in US markets.

 

[tsptalk]

Good question. It would be interesting to know.

Not sure about this website, if it's real or fake, and it's from 2017... Conspiracy theory? Someone is pounding the futures every night.

George Soros Vows To ‘Take Down President Trump’

https://newspunch.com/soros-take-down-trump/

Soros believes the market is Trump’s weak point. He claims Trump has “no chance” of surviving his upcoming market assault, gloating that the future POTUS will be destroyed and unable to focus on making America great again.

“The way Soros broke the Bank of England and ruined the Malaysian economy, these will one day just be seen as warm ups for his full scale tilt at global financial Armageddon,” according to a Wall Street analyst.

This going to make a hell of a movie some day. Stranger than fiction.

 

[blueroadster]

Good question. It would be interesting to know.

Not sure about this website, if it's real or fake, and it's from 2017... Conspiracy theory? Someone is pounding the futures every night.

George Soros Vows To ‘Take Down President Trump’

​

https://newspunch.com/soros-take-down-trump/

This going to make a hell of a movie some day. Stranger than fiction.​

Thanks...Not sure about the website or article from 2017 but ran across this:

https://www.project-syndicate.org/commentary/china-huawei-threat-to-european-values-by-george-soros-2020-02

Disgusting play on power. Paying attention to the flow of money should lead to some understanding on what is happening. Many countries were investing in US markets as a safe haven which made me wonder which of them have been divesting over the last few months.​

 

[James48843]

Tom: here is what Wikipedia says about your news site "news punch" :
(you DO know that in England , Punch was a satire publication for decades, right?)

Anyway- here is what Wiki says:

[h=1]NewsPunch[/h]From Wikipedia, the free encyclopedia


Jump to navigationJump to search[TABLE="class: infobox vcard, width: 22"]
NewsPunch[TR]
[TH="align: left"]Type of site
[/TH]
[TD]Fake news,[SUP][1][/SUP] Politics, News and opinion[/TD]
[/TR]
[TR]
[TH="align: left"]Available in[/TH]
[TD]English[/TD]
[/TR]
[TR]
[TH="align: left"]Founder(s)[/TH]
[TD]Sean Adl-Tabatabai, Sinclair Treadway[/TD]
[/TR]
[TR]
[TH="align: left"]URL[/TH]
[TD="class: url"]newspunch.com, yournewswire.com[/TD]
[/TR]
[TR]
[TH="align: left"]Alexa rank[/TH]
[TD]

28,716 (Global, August 2018)[/TD]
[/TR]
[TR]
[TH="align: left"]Launched[/TH]
[TD]2014[/TD]
[/TR]
[TR]
[TH="align: left"]Current status[/TH]
[TD="class: category"]Active[/TD]
[/TR]
[/TABLE]
NewsPunch is a Los Angeles-based fake news website known for spreading conspiracy theories and political misinformation peddling fake news, mixed in with real news stories.[SUP][1][/SUP] Originally named Your News Wire,[SUP][4][/SUP][SUP][10][/SUP][SUP][11][/SUP] it was founded in 2014 by Sean Adl-Tabatabai and Sinclair Treadway.[SUP][2][/SUP][SUP][5][/SUP][SUP][12][/SUP] In November 2018, it rebranded itself as NewsPunch, and began redirecting yournewswire.com traffic to newspunch.com.[SUP][10][/SUP]
A 2017 Buzzfeed News report identified NewsPunch as being the second-largest source of popular fake stories spread on Facebook that year,[SUP][5][/SUP] and a June 2018 Poynter analysis identified NewsPunch as being debunked over 80 times in 2017 and 2018 by Poynter-accredited factcheckers such as Snopes, FactCheck.org, PolitiFact, and the Associated Press.[SUP][6][/SUP]
The European Union's East StratCom Task Force has criticized NewsPunch for spreading Russian propaganda, a charge Adl-Tabatabai denies.[SUP][2][/SUP]
Regular contributors to NewsPunch include Adl-Tabatabai, a former BBC and MTV employee from London previously employed by professional conspiracy theorist David Icke[SUP][13][/SUP], Adl-Tabatabai's mother Carol Adl, an alternative health practitioner, and Baxter Dmitry, who had previously been posing as an unrelated Latvian man using a stolen profile photo.[SUP][14][/SUP][SUP][15][/SUP]
[h=2]Fake news stories[edit][/h]NewsPunch has published false stories, including:

• Stories pushing the debunked Pizzagate conspiracy theory.[SUP][16][/SUP][SUP][17][/SUP] NewsPunch was one of the first sites to propagate the conspiracy theory, publishing a falsified story that was later used as a basis for Pizzagate's viral spread among the alt-right.[SUP][18][/SUP]
• Claims that the 2017 Las Vegas shootings and Manchester Arena bombings were false flags.[SUP][19][/SUP][SUP][20][/SUP]
• Anti-vaccination hoaxes alleging that Bill Gates refused to vaccinate his children[SUP][21][/SUP] and "admitted that vaccinations are designed so that governments can depopulate the world".[SUP][22][/SUP]
• Claims that Hillary Clinton's popular vote victory in the 2016 United States Presidential election was the result of voter fraud.[SUP][23][/SUP]
• Allegations that Clinton was responsible for Anthony Bourdain's suicide.[SUP][24][/SUP]
• False claims that Justin Trudeau was the love child of Fidel Castro.[SUP][10][/SUP]

[h=2]See also[edit][/h]

• List of fake news websites
• Fake news websites in the United States

 

[James48843]

Of course- that "NewsPunch" is not to be confused with the original British Satire/political commentary print publication "PUNCH" which dominated English society and political humor from the 1840's, right up until after Margret Thatcher's years , ceasing in 1992, right?

https://en.wikipedia.org/wiki/Punch_(magazine)

 

[tsptalk]

Thanks, James. As I said, I didn't know what that site was. But clearly Soros wanted Trump out of there before his term was up.

https://www.youtube.com/watch?v=jNJ5mK26mZ0

But I have no proof of him manipulating the futures. Just some strange over night action going on.

 

[tsptalk]

It's so early and so many hours of trading left, but there is a different bullish development with resistance breaking here if it can hold into the close...

 

[tsptalk]

Don't blink because it can change quickly (VIX is still near 60), but the bear flags that we were asking about in Thursday's commentary are looking less flag-like today - if the highs can hold. But there is still some descending resistance a little higher up, and open gaps below (and above on DWCPF). The question is whether they are "gap and go" type gaps as we see at some lows, or if it's a target for a retest.

 

[shitepoke]

Tom...S-Fund chart at bottom of forum page shows blip up or pop up right at end of trading yet numbers went from approx 4.8% up down to 4.2%...any ideas or is it just the trading delay.
Thanx
E

 

[tsptalk]

It could be the delay. If you click on that chart you'll see it closed up 5.95%.

 

[tsptalk]

Bill Ackman says accusations he tried to drive down market in interview are ‘absurd’

March 3: Ackman warned that hotel operator Hilton Worldwide was “going to zero ... along with every other hotel company in the world,” said that America could “end as we know it” and cautioned U.S. companies to stop their stock buyback programs because “hell is coming.”

March 18: “I’ve been aggressively buying stocks including Hilton today. And I’ve been buying all the way down — Hilton, Restaurant Brands and Starbucks,” Ackman said on March 18.

https://www.cnbc.com/2020/03/27/bil...erview-was-bullish-denies-harming-market.html

 

[gegor1957]

Yes but he is a great contrarian indicator, along with a few other unmentioned shills.

 

[exnavyew]

Well THAT was a rude market close.
A little profit taking maybe? :suspicious:

 

[Bullitt]

Thoughts on bonds? TLT about to make a lower high / double top. Momentum (MACD/RSI) diverging.

 

[tsptalk]

Thoughts on bonds? TLT about to make a lower high / double top. Momentum (MACD/RSI) diverging.

The AGG chart looks fine for the short-term.

 

[tsptalk]

The S&P 500 chart has improved but sitting below resistance. It looks like it wants to be a "V". We can look at it two ways, probably more, but one is that we're still selling at a > 20% discount to the all time highs. Should we be buying that?

The other thing is, we've had a 20% rally off the bottom and 38.2% retracement of the losses, and bear market rallied can fail in this area.

I'm concerned about Friday's jobs report, of course, but who isn't, and is that a set up for a contrarian buy? I don't know.

Lastly, these are some key charts to watch. HYG is a good barometer for the credit market which the stock market pays very close attention to. It may be trying to form a bull flag, but so far has stalled after filling that open gap.

The VIX is down sharply again, but at 50+, we should expect the wide swings to continue in stocks.

With 2 IFTs per month, and a market that could easily either gain or lose another 20% in the coming weeks, we have to make some very tough decisions, don't we?

 

[tsptalk]

The last half hour and close today should be interesting as the final money manager portfolio rebalancing gets completed. Stocks are a lot cheaper than at the start of the quarter and bonds are higher. Most of it may have already been done, but they have to adjust that back to their prospectus stated allocations for the new quarter. It's a chess match that may end with a hockey fight. :swordfight:

 

[shitepoke]

Tom...tough environ's to gamble in...like 'Ol Clint E "do ya feel lucky"...I've already took it in the shorts so am more reluctant than most...good reason to buy a premium at least for expert opinion.
EJJ

 

[blueroadster]

Bonds down big time after hours. AGG is -5.93% at 4:35 EDT