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INVESTOR INSIGHTS – Why stocks refuse to sell off?
I see a lot of negative news out there.
– China Trade War – Lowe’s and Nordstrom cut outlook and their stock plummeted – Qualcomm was hit with an anti-trust ruling from FTC – Brexit is heating up again – Sprint / T-Mobile deal is in jeopardy (DOJ recommends to block it)
Yet, the stock market continues to hold.
And the stocks are not selling off.
Why?
A short squeeze means a rally in stocks which forces short sellers (people betting on the stock market to go down) to close their positions. And their buying pushes the stock prices even higher.
Nomura is predicting a short squeeze-driven melt up in stocks…
Do you think they are right?
YOUR SILICON VALLEY (LIBERAL) OVERLORDS
Twitter’s censorship continues.
Example?
James Woods has now been suspended for 32 days!
The response?
White House launched a new tool for people to use.
You can now report if you feel you were wrongly censored, banned or suspended on platforms like Twitter.
TRUMP DERANGEMENT SYNDROME
The Witch Hunt continues!
I thought things would settle down after the Mueller report.
But I was wrong.
It seems like things are getting worse (every day).
Yesterday, Pelosi said “Trump is engaged in a cover up.”
And Trump wasn’t happy (rightfully so).
And gave Democrats an ultimatum.
No infrastructure deal until the investigations stop.
CRAZY THINGS LIBERALS SAY
Avenatti’s 15 minutes of fame is over.
And things are going downhill (very quickly).
In the latest stunt, he was charged with defrauding Stormy Daniels.
He denies everything (as always).
But isn’t he worth millions?
Funny you ask. IRS had the same question.
The answer?
Avenatti hasn’t filed his personal tax income tax returns since 2010!
And now he’s “unable to employ counsel” and will be represented by Federal Defenders.
Ironically, he might just be better represented than his clients….
CRAZY-INTERESTING OR RIDICULOUSLY-WEIRD
ALFA-X… Japan’s next generation bullet train.
It can hit speeds up to 224 mph.
But does it look weird?
Vote: Interesting OR Weird
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Trump’s Ultimatum
Stocks won't sell off, MAGA censorship and more May 23, 2019 View in Browser Your daily source for trading strategies, tech news, and politically incorrect humor. Fellow eMBers, Good morning! I