• Same story, different day...........year ie more of the same fiat floods the world
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BarnacleBob

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BarnacleBob

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madhu

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Love this volatility. Go along with the markets. If this market goes down for a couple of days, then I am going long because I am expecting the PPT to kick in and start buying key indices. The only concern that I have is if PPT fails to get the desired results, then we are in new territory. Not investment advice. Cannot trust these markets. Even if I am long I am closing all positions at the end of the day

Heard that 21 trillion was printed to get us out of the 2008 depression.
 

madhu

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Ung going down every day. It's probably way oversold.
BMY went down on huge volume. Going to observe
DYODD
Not investment advise
 

TAEZZAR

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natty is reacting to global warming weather

this time of year we should be about 10-20 degrees, instead, today we hit high 30's to 40
Not here, 32 high, 21 low. That is about normal for this part of Orygun.
2 days ago, weather report indicated dry for the next week. Today the report is for rain & then snow on Sat.
Weather is about as predictable as woman. Ooooops, can I say that ? :secret:
 

BarnacleBob

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Scorpio

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Been putting up some threads, many guys predicting the stock run is over for now,
that there is much more to come,

guys with street cred like A Hamilton

we mentioned this possibility prior to the mids on gim, that if they really wanted to get tramp, a combined concerted effort to attack the markets worldwide could do that.

knowing that asia, zeroland, and here at home all had big enemies with large war chests,

so it is a battle for control with the nexis being the us of friggin' a

regardless, here you can see the most recent action in the sp 500 as tramp calls in support

1.png
 

BarnacleBob

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BarnacleBob

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sc (1).png
 

BarnacleBob

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ErrosionOfAccord

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Did I forget to mention another coal company in the PRB is about to BK? CLD, the one that held strong through all the turmoil is trading between $.30 - .40 and looking for a buyer. I'm a little surprised there has been no hostile takeover at that price. My guess is that reclaim costs keep potential buyers scared. I thought about picking some up for shits n giggles but the reclaim issue told me... NO! I heard, though haven't seen it myself, that they lost access to one of their ports out west. One of their mines almost exclusively ships west because the BNSF goes down to one line (single lane traffic) west of Gillette and that particular mine is in Montana. Was thinking about it today, Cordero only has 9 million tons sold this year, that means there is a lot of untapped capacity. This could turn into some very low prices on the thermal coal spot.
 
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madhu

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If only the share holders are rewards at every turn and not the administrative management! There is no correlation between the company, its assets, valuation that is reasonable, a standard monetary unit that does not fluctuate then may be we can predict and pick the good ones. Till then it's fantasy casino valuation. Even casino the odds are better.
 

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BarnacleBob

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Sears plans to shutter after 126 years in business as Chairman Eddie Lampert's bid fails

*Eddie Lampert's $4.4 billion offer was the only bid that could keep the company going in its entirety.

*Sears, which also owns Kmart, filed for bankruptcy in October.

*ESL plans to contest Sears' decision, pointing to the money its spent on advisors.

https://www.cnbc.com/2019/01/06/sea...erts-bid-to-save-company-will-liquidate-.html
 

BarnacleBob

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Scorpio

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Volocopter is reinventing urban mobility

too funny,
can you imagine these dimwitted 2 leggahs in these?

yep, the kids will be able to handle it fine, the vid game generation,

just think of what .gov will require for safety features and child seats..............
 

madhu

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Monoclonal antibody is the new wonder drug that is making big pharma lots of money. Injectables are being given out like candy for ailments like migraine to multiple sclerosis. Any chronic ailments with immune related flare ups are fair game. Just keep watching the drugs that end with mab.
 

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Volocopter is reinventing urban mobility
What they gunna buy them with? Reality video game points? They got no cash, jobs, skills or future. Or are they going to use debt & their wonderful attitudes?

I'm starting to think when the 30 year olds living in the basement turn 40 & the host / parents die off and the house needs repaired or taxes paid or any inheritance is spent and people have zero markatable skills and no one wants to work...... is when the shit hits the fan. Strangely I see that in about 10 years and that's when everything else collapses, pensions & ss.
 

BarnacleBob

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What they gunna buy them with? Reality video game points? They got no cash, jobs, skills or future. Or are they going to use debt & their wonderful attitudes?

I'm starting to think when the 30 year olds living in the basement turn 40 & the host / parents die off and the house needs repaired or taxes paid or any inheritance is spent and people have zero markatable skills and no one wants to work...... is when the shit hits the fan. Strangely I see that in about 10 years and that's when everything else collapses, pensions & ss.
Remember growing up in the sixties & seventies the older generation always talked about the "generation gap", the same as the generation before it and the one before that one ad infinitum.... the younger upcoming gen just cannot seem to get it right in the eyes of their parents generation... but yet the world continues long after the parents gen is long gone!

We are the older gen now... lighten up on the youngsters, in many ways they are much smarter than we were! It all works out! JMO
 

TAEZZAR

LADY JUSTICE ISNT BLIND, SHES JUST AFRAID TO WATCH
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Volocopter is reinventing urban mobility

too funny,
can you imagine these dimwitted 2 leggahs in these?

yep, the kids will be able to handle it fine, the vid game generation,

just think of what .gov will require for safety features and child seats..............
I've had this for many years. Just insert picture of the Volocopter.

osha. cowboy.jpg
 

BarnacleBob

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Uglytruth

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Remember growing up in the sixties & seventies the older generation always talked about the "generation gap", the same as the generation before it and the one before that one ad infinitum.... the younger upcoming gen just cannot seem to get it right in the eyes of their parents generation... but yet the world continues long after the parents gen is long gone!

We are the older gen now... lighten up on the youngsters, in many ways they are much smarter than we were! It all works out! JMO
BB I have nothing but respect for your posts. 100% agree but the sharp kids are outnumbered by the brain dead zombies.
The system was not as leveraged.
The expectations were not as high.
The work ethic was much better.
Expectations were more realistic.
Bankers were not banksters.
Pensions / security were the norm.
Family was the backbone of every community.
There was some truth & honesty in news, politicians, govt, institutions, neighbors had respect for each other, even the schools were better.
We all know the reasons why things are no longer like that.
Our culture has changed. How do you hold anything together when no one has anything to loose? Family, pension, security are the backbone of any society.

Drugs, welfare, food stamps, EBT cards, unwed mothers, poverty, disrespect everyone and everything (even we are guilty of that) but it's very design by tptb & the sheeple fell for it was to stop our culture. Our long term direction is clear and I shudder to even think where we would be now if she was the purple potus.
 

BarnacleBob

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Look out below, Credit Markets "may" be getting ready to take a dump.... This is big news! A rerun of 2007 GFC ???

U.S. Federal Reserve may need to backstop repo market: BAML

NEW YORK (Reuters) - Extreme volatility in a key funding market for banks as 2018 came to a close should serve as evidence that the U.S. Federal Reserve ought to be prepared to serve as a backstop to prevent the market from seizing up, Bank of America Merrill Lynch analysts said on Friday.

The $2.2 trillion repurchase agreement (repo) market enables banks and Wall Street to raise short-term cash to finance their trades and loans by using Treasuries and other securities as collateral.

On Dec. 31, the Secured Overnight Financing Rate (SOFR), a gauge on overnight repo rates, jumped to 3.15 percent, which was 75 basis points above the interest on excess reserves (IOER), or what the Fed pays banks on the excess reserves they leave at the central bank. Prior to the year-end spike, SOFR was running one basis point to six basis points above IOER.

If repo rates, some of which jumped above 5 percent that day, were to experience such sharp spikes more frequently, they could disrupt financial markets and cause other money rates to break above the top end of the Fed’s target range.

“Treasury (repo) volatility has raised questions as to how and when the Fed steps into money markets to intervene in order to cap or smooth volatile repo markets,” strategists Mark Cabana and Olivia Lima wrote in a research note released on Friday.

Repo rates often rise at year-end as banks and dealers pare their lending activity to conserve their cash to meet regulatory requirements. Still the most recent jump in repo rates was unusually large, according to Cabana and Lima.

This suggests the repo market “has become increasingly fragile and sensitive to shifting behavior of key market participants, especially banks and dealers,” the strategists wrote.

he Fed adjusted the IOER rates twice in 2018 in a bid to encourage banks to lend their reserves in the repo and federal funds market rather than to leave them at the central bank.

“We believe the Fed will ultimately need to be the repo backstop of last resort after the banking system exhausts it willingness to swap reserves for (Treasury) repo,” Cabana and Lima said.

They said the Fed will need to introduce a new program to keep a lid on repo rates.

In the minutes of their Dec. 18-19 policy meeting, Fed policymakers expressed an interest in learning about possible more “ceiling tools” to strengthen their control of the policy rate.


https://www.reuters.com/article/us-...ed-to-backstop-repo-market-baml-idUSKCN1P5273
 

the_shootist

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BB I have nothing but respect for your posts. 100% agree but the sharp kids are outnumbered by the brain dead zombies.
The system was not as leveraged.
The expectations were not as high.
The work ethic was much better.
Expectations were more realistic.
Bankers were not banksters.
Pensions / security were the norm.
Family was the backbone of every community.
There was some truth & honesty in news, politicians, govt, institutions, neighbors had respect for each other, even the schools were better.
We all know the reasons why things are no longer like that.
Our culture has changed. How do you hold anything together when no one has anything to loose? Family, pension, security are the backbone of any society.

Drugs, welfare, food stamps, EBT cards, unwed mothers, poverty, disrespect everyone and everything (even we are guilty of that) but it's very design by tptb & the sheeple fell for it was to stop our culture. Our long term direction is clear and I shudder to even think where we would be now if she was the purple potus.
Couldn't agree more. This is uncharted territory! We're under attack!
 

madhu

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https://publicintegrity.org/accountability/the-looting-of-russia/

How gold, diamonds, precious metals, art work was looted from the treasury of former Soviet Union and sold on the streets of sanfrancisco, Antwerp!. How politicians, security and intelligence agencies, mayors are all connected to criminal mafiosa. very interesting read. Nothing like the Russia that CNN fake news can ever air
 

BarnacleBob

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More tech: Self riding autonomous motorcycle.