by | Mar 28, 2018 | alerts, Secular Bulls/Bears, Tesla
Yesterday, Moody’s downgraded Tesla’s debt to B3 from B2. Moody’s also changed its outlook for Tesla to negative from stable. Because of the downgrade Tesla has been named the eighth nail in the 2009 Bull’s coffin. On yesterday’s news Tesla’s share price declined by...
by | Mar 25, 2018 | alerts, Secular Bulls/Bears
Another nail has been pounded in the coffin of the 2009 Bull Market. May the Bull rest in peace (RIP). Yesterday new Federal Reserve Chairman Jerome Powell gave testimony to the US Senate’s banking committee. Based on his testimony the probability has increased that...
by | Mar 18, 2018 | alerts, Secular Bulls/Bears
Facebook (FB) is the sixth nail in the 2009 Bull Market’s coffin. Its shares posted their steepest drop since 2015 as U.S. and European officials demanded answers to reports that it provided the data of millions of its users to political consulting firm Cambridge...
by | Feb 28, 2018 | alerts, Secular Bulls/Bears, Tariffs
Yesterday, US President Donald Trump announced that the US would impose a 25% tariff on those countries importing steel and a 10% tariff on aluminum into the US. The reaction by the leaders of foreign countries has been harsh. President Trump’s push back tweet “trade...
by | Feb 28, 2018 | alerts, Crashes, Markets/Economy, Secular Bulls/Bears
The chart below which depicts the stock market’s bubbles since 2007 is based on the price history of the S&P 500 versus long-term US government bonds for the period of 2003 through February 2018. The large bubble, which had been in place prior to the election of...
by | Feb 28, 2018 | alerts, Secular Bulls/Bears
Another nail has been pounded in the coffin of the 2009 Bull Market. May the Bull rest in peace (RIP). Yesterday new Federal Reserve Chairman Jerome Powell gave testimony to the US Senate’s banking committee. Based on his testimony the probability has increased that...
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