Silver as an investment

Category Archives: Economy of New York City

‘Shocker’ Of The Day: ‘Tech’ Company That Buys Movie Tickets For $10 And Sells Them For $0.33 May Not Survive

Over the past 4 weeks, the stock of a tiny New York based “IT service management” company, Helios & Matheson Analytics, Inc., has surged just over 1,300% after announcing plans to purchase a majority stake of an “innovative and disruptive technology company” called MoviePass at a $210 million valuation. So how exactly does MoviePass, the […]

The U.S. Justice System Must Focus On Elite Criminality

Authored by Mike Krieger via Liberty Blitzkrieg blog, Two very important articles published in recent days serve to once again highlight America’s metastasizing elite criminality problem. A problem which our justice system simply refuses to address. This corrupt two-tier justice system is something I’ve been focused on from the very beginning of my writings, and […]

After Quietest September Ever, Stocks Face Ominous ‘Curse Of 7’ In Q4

After the quietest September in history for U.S. stocks… Things may about to get a little more exciting – entering the final months of 2017, that last digit doesn’t bode well, if history is any indication. As Bloomberg reports, some of the biggest fourth-quarter declines in the Dow Jones Industrial Average have occurred in years ending […]

Citi Group- Bullish breakout taking place

Citi Group (C) since 2007 highs is much lower in price. Over the past 18-months, its a different story for Citi! Below looks at Citi this year and how it is attempting to breakout from a bullish pattern- CLICK ON CHART TO ENLARGE Over the past few months, Citi appears to have created another bullish ascending […]

FX, Bonds, & Gold Chaotic Ahead Of Yellen Speech

While stocks are shrugging off any and everything, FX, bonds, and gold markets are swinging around wildly ahead of Yellen’s speech at 10ET. The initial move appears driven by Fed’s Kaplan’s comments on “correction in stocks may be healthy.” The reversal is being attributed to a note from Citi suggesting “No US Default Or Shutdown […]

The Real Story Behind Goldman’s Q2 Trading Loss: How A $100M Gas Bet Went Awry

Goldman Sachs FICC-trading income was an unexpectedly ugly blemish on what was already a poor Q2 earnings report. And while the FDIC-backed hedge fund initially blamed the decline on lower trading revenues, lack of volatility and depressed client activity… … there was more to the story. The Wall Street Journal has uncovered what really happened: […]

Frontrunning: August 7

Futures slightly higher after Dow’s record run (Reuters) Tillerson says U.S., Russia can settle differences (Reuters) Hot-Stock Rally Tests the Patience of Value Investors (WSJ) ‘Good Conservative’ Grassley Ramps Up His Panel’s Trump-Russia Probe (BBG) Brands Strike Back: Seven Strategies to Loosen Amazon’s Grip (WSJ) Oil slides from nine-week highs as market looks to OPEC […]

Morgan Stanley Triumphs Again: Posts Higher FICC Revenue Than Goldman Sachs

After yesterday’s stunning 40% plunge in Goldman’s FICC revenue, market watchers and MS shareholders were nervously anticipating the release of today’s Morgan Stanley Q2 earnings data. In retrospect, they had no reason to be worried, because moments ago MS reported revenue and EPS which both beat expectations, with Q2 EPS of $0.87 (est $0.76) on […]

Treasury Turmoil Returns As Fed-Flip-Flop Sends Stocks To Record Highs, VIX Below 10

Yellen's speaking again… give it all you've got!!   Stocks stalled early on (around 1010ET) thanks to inflation comments from Yellen, but that dip was bid back to the highs…then they took a little spill when Fed's Brainard admitted "asset valuations do look a bit stretched" around 1400ET. Once again the rally-monkeys came out – […]

Frontrunning: July 5

U.S. Warns North Korea It’s Ready for War Over Missiles (WSJ) U.S., South Korea stage show of force against North Korea (Reuters) UN to Meet on North Korea as U.S. Confirms Rocket Was ICBM (BBG) Trump talks tough, options limited (Reuters) North Korea, Putin Meeting Top Agenda For Trump’s Tripa (WSJ) Ahead of fractious G20, […]