Nasdaq down 7% the next day after the Nasdaq's 2nd biggest gainz day of all time reminds me once again that history repeats itself, first as tragedy then as farce
the history: https://universeodon.com/@cryptadamist/114309923779790396
Nasdaq down 7% the next day after the Nasdaq's 2nd biggest gainz day of all time reminds me once again that history repeats itself, first as tragedy then as farce
the history: https://universeodon.com/@cryptadamist/114309923779790396
Do not believe anything about the financial market he drops bombs like this every day. US #Tariffs on #China Rise to 145% After Trump’s Escalation. The S&P 500 extends declines to more than 4% while the #Nasdaq 100 slumps 4.5% as the #WhiteHouse says tariffs on China are at least 145%. The House passed #Republican budget blueprint for slashing taxes on RICH, killing govt spending, despite legitimate fear that it will balloon the nation’s #debt #economics #budget #government #politics #democracy
4/ we already know that trump thinks nothing of abusing presidential powers in exchange for cash because he just pardoned a bunch of his donors (e.g. Nikola Motors scammer Trevor Milton) and dropped charges against all his new crypto biz partners (e.g. Justin Sun, a16z).
enriching his supporters w/insider trading opportunities is the same kind of mafia style "repayment"
perhaps trump’s donors were so loud in his ear complaining about all the money they just lost that trump decided to shut them up w/an opportunity to profit on history's largest (not an exaggeration!) insider trading opportunity.
or consider a scenario where #TeslaTakedown has put #ElonMusk financially on the ropes and badly in need of cash. does trump strike you as someone who wouldn't help a fellow grifter out if doing so only cost him some well timed tweets & market chaos?
3/ what’s different about this rally as compared to previous bear market rallies is that price moves right now are being driven *entirely* based on the moment to moment proclamations of a mad orange king drunk with power.
trump can easily (and IMHO just did) use this power to xfer massive amounts of retail suckers' money into the hands of Trump donors/friends/insiders etc. w/just a few steps.
[11am] privately inform donors you'll be announcing the cancellation of tariffs at 3pm
[11:01am] donors buy stonks
[2pm] tweet "GREAT TIME TO BUY", transforming donor trades from "insider trading crimes" to "trades based on public information"
[2:01pm] retail MAGA apes & other trump team members (republican congress, officials, etc) "buy the dip"
[3pm] suspend tariffs
[3:01pm] whole world apes in, mkt goes , insiders' profit massively from their trades.
Pump and dump for Republican toadies.
https://www.europesays.com/1981669/ Ruanyun Edai Technology Inc. Announces Closing of Initial #AIPoweredEducationtechnology #america #China #closing #InitialPublicOffering #K12Education #NASDAQ:RYET #Nasdaq:RYET #RuanyunEdaiTechnologyInc. #science #technology #UnitedStates #UnitedStatesOfAmerica #US #USA
1/ #MAGA bros are crowing about the 2nd highest single day Nasdaq stock market gains in history. It's worth remembering that:
1. the 1st, 4th, 7th, 8th, and 10th largest single day Nasdaq gains came during the dotcom crash.
2. the 3rd and 5th largest single day gains came in the middle of the 2008 financial crisis.
3. the 6th and 8th (tied) largest gains came during the covid panic in 2020
In other words all 10 of the highest gaining days in Nasdaq history, with the possible exception of today which is still TBD, came during major long term market crashes.
Massive market moves like this are in no way a sign that markets are healthy and performing their societal function. In fact quite the opposite - massive moves up are historically almost always a symptom of the disease of speculative mania refusing to accept reality (“buy the dip!!!!”).
Cosmos Health Launches Sky Premium Life in Albania through https://www.byteseu.com/906156/ #Albania #COSM #CosmosHealth #CosmosHealthInc. #Europe #FoodSupplements #Nasdaq:COSM #Nutraceuticals #SkyPremiumLife
Marktbericht: Berg- und Talfahrt an der Wall Street
Die Wall Street-Indizes konnten anfänglich höhere Gewinne nicht halten und drehten noch klar ins Minus. Neue China-Zölle sorgten für viel Verunsicherung. Der DAX ging zuvor auf Erholungskurskurs.
Marktbericht: Erholung nach dem Ausverkauf
In einer Gegenbewegung auf die zuletzt hohen Verluste hat der DAX heute Boden gut gemacht. Ungelöstes Hauptproblem bleibt aber weiterhin die aggressive Zollpolitik der USA.
Marktbericht: DAX auf Erholungskurs
Der DAX erholt sich in einer technischen Gegenbewegung nach den jüngsten Crash-Tagen deutlich. Ob die Erholung aber von Dauer sein wird, bleibt fraglich. Die Zollprobleme mit den USA bleiben ungelöst.
American Battery Technology Company Completes Additional https://www.byteseu.com/902669/ #AmericanBatteryTechnologyCompany #BatteryMetals #CriticalMinerals #EnergySecurity #Lithium #Nasdaq:ABAT #OnshoringLithium #Technology
https://www.europesays.com/1977912/ Catalyst Pharmaceuticals Announces Health Canada’s #AGAMREE #Canadá #CatalystPharmaceuticals #DMD #DuchenneMuscularDystrophy #epilepsy #FIRDAPSE #FYCOMPA #Inc. #LEMS #Nasdaq:CPRX #RareDisease
Marktbericht: DAX bleibt auf Stabilisierungskurs
Einen Tag nach seinem Kurseinbruch pendelt der DAX am Mittag um die 20.000 Punkte. An der Wall Street deutet sich ein freundlicher Start an - ob es dabei bleibt, hängt vom weiteren Kurs Chinas und der USA im Zollkonflikt ab.
https://www.europesays.com/1977576/ Australian shares snap losing streak, ASX 200 rises 2.3pc as Asian markets make gains ##stockmarket #AsianMarkets #asx #Asx200 #aud #australia #AustralianCompany #AustralianDollar #dollar #DowJones #LiveBlog #NASDAQ #S&P500 #Shares #stocks #tech #WallStreet
https://www.europesays.com/1977576/ Australian shares snap losing streak, ASX 200 rises 2.3pc as Asian markets make gains ##stockmarket #AsianMarkets #asx #Asx200 #aud #australia #AustralianCompany #AustralianDollar #dollar #DowJones #LiveBlog #NASDAQ #S&P500 #Shares #stocks #tech #WallStreet
Marktbericht: DAX wieder über 20.000 Punkte
Nach einem turbulenten Wochenauftakt startet der deutsche Leitindex heute mit einem Stabilisierungsversuch in den Handel. Zur Eröffnung steigt der DAX wieder über die 20.000-Punkte-Marke.
Marktbericht: Kommt der Turnaround-Tuesday?
In Asien haben sich die Börsen bereits leicht von ihren jüngsten Tiefständen erholt. Auch der DAX dürfte mit positiven Vorzeichen in den Tag starten. Ob daraus ein echter "Turnaround-Tuesday" wird, muss sich aber noch zeigen.
@jerry I think the suspense and doom are over since trump is willing to wheel and deal - the mkt needed to be corrected anyways - bubbles, p/e ratios #oversoldout #nasdaq ai fever