Ignore the Financial Media… Now is the Time to Prepare
“Buy stocks! It’s a great opportunity! They present great value.” This is the non-stop mantra espoused on financial media. It’s simply astounding given that 1) Everyone with a modicum of sense knows...
View ArticleThe Bells Are Ringing… Are You Listening?
There is a saying that you don’t ring bells at the top. It’s not really true. Every time the market forms a major peak, at least in the last 15 years, there are usually a preponderance of signs of...
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Carl Icahn Wins Again: eBay To Spin Off PayPal, CEO John Donahoe Is Out
And so Carl Icahn wins again, this time with his demand that eBay spin off PayPal. As a reminder, eBay swore up and down it would never spin off its best performing asset, then swore again, and swore...
View ArticleFrontrunning: October 9
Five U.S. airports to screen for fever (Reuters)Danger, central banks trading with each other: Bipolar U.S. Stocks See Biggest Mood Swing in Three Years (BBG)Draghi Policies Blunted in Berlin as...
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Carl Icahn Tells Apple To "Repurchase A Lot More Stock And Sooner" To Hit...
Update: and here is Apple's expected response: "We always appreciate hearing from our shareholders. Since 2013 we've been aggressively executing the largest capital return program in corporate history....
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Carl Icahn Is Hedging, Warns A Big Correction Is "Definitely Coming"
While he still holds many stocks, Billionaire investor Carl Icahn joins the ranks of many of his billionaire market-watchers and is "hedging with S&P Puts," because he is "concerned about the whole...
View ArticleFrontrunning: October 10
It wasn't Obama this time: Pakistani teen, Indian activist win Nobel Peace Prize (Reuters)Surging VIX Shakes Bulls as S&P 500 Charts Go Haywire (BBG)Global shares hit six-month low as growth...
View ArticleFrontrunning: October 13
Privately, Saudis tell oil market: get used to lower prices (Reuters)OPEC Members’ Rift Deepens Amid Falling Oil Prices (WSJ)Russia Spending $6 Billion Not Enough to Stop Ruble Rout on Oil...
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Carl Icahn: "The Fed Turned This Market Around Here"
By now, 6 years after America's grand experiment in recreating Soviet-style central planning started, it should be clear to all except that subset of Homo Sapiens also known as "economists", that the...
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Why It Better Not Snow This Winter, In One Chart
"The U.S. is, for better or worse, the growth engine of the world economy right now" - Adolfo Laurenti, chief international economist for Mesirow Financial in Chicago. It will be the plotline of...
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Goldman Sachs Is Buying Carl Icahn's "High Yield Bond Bubble"
High-yield bond issuance has surged in recent days as 'wide' spreads have encouraged investors to take the dip once again (despite firms' record leverage and increasing desperation to roll the wall of...
View ArticleFrontrunning: November 3
To salvage his presidency, Obama faces pressure to reboot - but will he? (Reuters)Pro-Russian separatist Zakharchenko wins Ukraine rebel vote (Reuters)Russia's Recognition of Ukrainian Separatist...
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Why Apple Is Preparing To Issue Even More Bonds
Three weeks ago, Carl Icahn did what he does best (and lately, pretty much the only thing he does): urged Apple to buy some more stock back from him, when he said that he sees AAPL stock hitting...
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Small Caps Slump For 3rd Day - Worst Streak Since "Bullard Lows"
Overnight weakness from Japan (NKY -3%) and USDJPY slowly leaked away as Europe was bid - bouncing higher on Draghi's SovQE "whatever it takes" comments (and multiple broken markets), but once he...
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Carl Icahn: "One Day You'll See A Break Like A Few Weeks Ago But The Market...
It seems Carl Icahn will not be going activist on the S&P500 after all. During the Reuters Investment Outlook Summit in New York on Monday, the 78 year old billionaire said that "I am still...
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S&P 500 Spikes To Record Highs As Oil Plunges & Macro Hedgers Fold
The S&P 500 is now up 12.5% from the Bullard lows in mid-October and has broken to new record highs over 2048 - within 2 points of Goldman Sachs year-end target. Since Bullard's comments, the...
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Why Tony Robbins Is Asking The Wrong Questions
Submitted by Mark St.Cyr,First off let me make this statement plain and simple before one reads any further. This is not a hit piece, nor an effort to take swipes at Tony Robbins or worse, some feeble...
View ArticleThe Smart Money Is Selling the Farm
“Buy stocks! It’s a great opportunity! They present great value.” This is the non-stop mantra espoused on financial media. It’s simply astounding given that 1) Everyone with a modicum of sense knows...
View ArticleA Pandemonium of Bells Are Ringing For the Markets
There is a saying that you don’t ring bells at the top. It’s not really true. Every time the market forms a major peak, at least in the last 15 years, there are usually a preponderance of signs of...
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How Apple Lost One American Airlines In Market Cap In Under A Minute
Earlier today, just after the market open, the one company that everyone had once again piled into, and which as of September 30 was the most popular company in the hedge fund community with at least...
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