Jeff Bezos sells 1.1 billion $ of Amazon shares, when prices were high.
He sold another million shares (probably around 1 billion $) in may 2017.
https://www.bloomberg.com/news/artic...tock-at-record
Jeff Bezos sells 1.1 billion $ of Amazon shares, when prices were high.
He sold another million shares (probably around 1 billion $) in may 2017.
https://www.bloomberg.com/news/artic...tock-at-record
High Yield Credit (junk bonds) are in trouble:
https://www.marketwatch.com/story/a-...ank-2017-11-15
HYG and JNK , long in junk bonds, are going down.
It looks like SJB , shorting junk bonds, might soon become a winner
In early 2008, Cramer was touting Bear Stearns as a much better company than some of the nay-sayers were admonishing. His promotion was so strong that Christina and I almost bought. But for a moment of bad timing that did not allow us to make a long position in BS, we'd have put a fair amount into it.
Thanks goodness for that moment of bad timing.
Just prior, thanks to listening to Peter Schiff in late 2007 I had moved all to cash and missed the crash and thank goodness, Bear Sterns.
I like the Cramer. Don't get me wrong. I think he provides the most detailed and real-time educational service for his followers. But, as we all know, no one knows it all.
Who are the righteous? ....Markpti
What value did Burisma think to gain by hiring Hunter Biden as a Board member vs ALL other choices?
Those who cannot articulate the other argument do not fully understand their own argument.
"Much can be done by wise legislation and by resolute enforcement of the law. But still much more must be done
by steady training of the individual - in conscience and character...." .......T. Roosevelt
!80 years of market draw downs
-----------------------------------
Look at the charts, how draw downs occurred during each decade.
This tired bull market is about nine years old.
http://awealthofcommonsense.com/2016...ket-drawdowns/
Jim Cramer continues to be bullish on equities. His main
argument is "earnings increasing."
While this seems to be a valid point, it does not say the
essential: central bank asset holdings. In other words,
how much money was created. Much of this newly created
money has been used to fuel a stock market bubble.
The two charts in the report below show clearly the picture.
The thesis cannot be any clearer.
https://www.pressreader.com/canada/t...81938838222328
Here is a scary article! There are just way too many amateurs short VIX instruments because it has been a huge gravy train in recent years. Now it is just a short fused stick of dynamite.
http://www.zerohedge.com/news/2017-1...ce-next-crisis
Metals are for Investors who take more risk with what’s Real, and less with what’s not. Author unknown
Junk bonds sell off continues...but reaction is still muted.
https://www.bloomberg.com/news/artic...er-b-bathwater
Single B bonds sell off bear the brunt.
Wall Street forecasts
-----------------------
https://www.pressreader.com/canada/t...81865823782384
A few points:
Data compiled by Bloomberg show that since 1999 Wall Street prognosticators
have never once predicted a down year.
Take 2008, the start of a bad crisis.
Wall Street has a buoyant tone: "Strategists now project
an increase of 11 % for 2008, the most bullish in 5 years."
My note: The lesson is clear.
Investors buy more and more the inverse ETF's.
https://www.barrons.com/articles/ris...hoo&yptr=yahoo
Who'd be crazy enough to short this market?? Very "bigly", indeed.