Tesla Motors CEO and visionary Elon Musk has warned investors against shorting his company, a bold statement amid the recent sharp downturn in Tesla’s share price. Musk – a South African-born Cana...
Like our resident market P.I. John Del Vecchio, Kyle Bass is one of those hedge fund managers who profited in the last crash when he bought credit default swaps to short the housing market. He’s als...
Written by Ian Cassel In 2001, Selim Bassoul became CEO of a $40 million market cap microcap called, Middleby Corporation (MIDD). He had joined Middleby in 1996 and turned around the company’s Sout...
The dollar had a very nice ride on the hawkish minutes which included the word “June” 6 times. However, we have already posted some skeptic voices, and here’s yet another one: Here is their vi...
The DAX 30 (CFD: GER30) was under pressure at the time of writing following a 4.79% slide to the Health Care Sector, followed by Materials and Industrials, both of which were down by 2.10% and 1.5...
The Philly Fed Business Outlook Survey remains in contraction. Key elements marginally declined. The only other manufacturing survey released so far for this month is in contraction. This is a very no...
Economic growth in the US eased in April to a four-month low, according to this morning’s update of the three-month average of the Chicago Fed National Activity Index (CFNAI-MA3). The reading for ...
Following the last two weeks’ dramatic surge in initial jobless claims it was expected that a pull back would occur and it did but the last week’s 278k print is still worse than expected ...
Greetings, We start with the United States where the Federal Reserve struck a decisively hawkish tone. On Tuesday, we heard the Fed’s Dennis Lockhart and John Williams discuss the possibility o...
I could go on in detail about why and what price spikes provide us short term trades with, and I will in a future article and video. Keeping things short and simple we will let the charts to the speak...