The fact that the Wall St and Silicon Valley Billionaire (and hundred Millionaire) class is siding with a would-be autocrat, found liable of sexual abuse and massive financial fraud, who is “honored” to be the architect of terminating women’s reproductive rights, who routinely
Business leaders like Elon Musk and Nelson Peltz are said to be rallying CEOs around Trump's campaign. But why ditch Biden when he has been good for business? We discuss with
@RiskReversal
I swear this happened in February 2000 at the hedge fund I worked at. After a very brief sell-off in the market, a tech analyst/pm, who was a former telecom engineer, stood up on our trading desk of 20 people and declared:
"The Market Will Never Go Down Again!!
Me now: same.
To all of my Twitter followers & Fast Money viewers who have stuck with me the last five exhausting years, and to all of those that I have unfollowed, unfriended, blocked or muted, I promise from here on I will be a stock market pundit for All Americans.
he's a bully who gets his rocks off using his power and influence to punch down. with the tech bubble burst, the technorati who've bowed at the altar of each juvenile tweet may now want to take a harder look at
#QElon
's turn and what he really stands for.
Alternative Take: The stock market rallied on the increased probability of a decisive election night win for Biden and Senate Flip, decreasing the likelihood of contested election result, which despite higher corp taxes, blue wave ensures fiscal stimulus for at least two years.
As
@GuyAdami
has said of late "if we make it to January,
@CNBCFastMoney
will be 15 years old, remarkable"...well it could not have happened without your daily contribution
#FMOG
Happy Birthday to one of the most humble, loyal, and earnest guys I know.
Thoughts & Prayers?
Outside of a religious framework how does one feel empathy for the most powerful man in the world, a man devoid of empathy for our most vulnerable, whose desire to Own the Libs has endangered the lives & livelihoods of millions he’s sworn to protect?
#VOTE
@elonmusk
Space Karen overpaid by $30 billion for
@twitter
so you could be your idiot uncle on Facebook about Covid conspiracies long after everyone but Matt and MAGA folk have moved on. 🤣
Ladies and Gentlemen... the undisputed world heavyweight champion of lying... the 45th president of the United States of America. What a disgrace.
Inside What Even an Ally Calls Trump’s ‘Reality Distortion Field’ via
@NYTimes
@MollyJongFast
$TSLA is easily one of the worst-looking charts in the entire stock market. and make no mistake, if you are long this stock (i have no position) then you are all in on his TWTR gambit because his holdings in TSLA are pledged to his equity to close the TWTR take private.
The reluctance to acknowledge the oncoming threat of coronavirus for fear of disturbing the stock market, calling it a political hoax, pushing conspiracy theories & bad science all led to ill-preparedness and an inept response on a scale of epic proportions.
This Matrix has him
This
@GuyAdami
amuses me.
It’s been eleven months since we saw each-other face to face on the set of
@CNBCFastMoney
The Pandemic could never tear us apart.
*TRUMP SAYS PHASE TWO CHINA TRADE DEAL UNLIKELY AT THIS POINT
To be clear there was never a Phase One deal, just rollback of some threats & taxes, I mean tariffs he had placed on U.S. consumers & manufacturers in 2018.
The last “president” obsessed over the stock market. To support it he tried to take healthcare away from millions of working class Americans, borrowed $1.5 trillion from the future and gave it to Corps as a needless tax cut and disregard a global pandemic to avoid market panic.
Are we going to continue to sell-off on cap gains.. or is this a realization that perhaps the President may be more like Obama who showed little interest in the stock market... or worse??
might come as a surprise coming from me, but today was a terrible, horrible, no good very bad day for the S&P 500. Despite the Nasdaq all-time high (mania), banks & oil stocks trade as recession lasts longer than most think, Russell 2000 is a dog and transport's reversal no bueno
"In 1999, Yahoo surged 64% in 5 trading days between the announcement that it would be added to the index...Yahoo's market capitalization at the time was about $56 billion"
$TSLA $616B mkt cap vs $56B a year ago. A bubble of epic proportion (no position)
I had the sincere pleasure to accompany my dad retired Lt. Col Army/Reserves on an
@HonorFlightSYR
to Washington D.C.yesterday with 80 other veterans of Army, Air Force, Navy & Marines. They don’t make them this way anymore. The greatest generations.
His deep state of insecurity cost American lives/livelihoods...repeatedly viewing the unfolding health & economic crises through the wrong lenses...his reluctance in 2020 to use the vast power of the federal govt to prepare for
#covid19
will be his legacy
Anyone who's traded for a living, or merely as a hobby, you know that you would only trade this frequently over this period of time (while doing another fairly important time-consuming job) if you had demonstrated an edge to consistently make money. 🤔
Kind of weird that the village idiot, who owns the town square, who comments on every dumb thing on the internet with juvenile memes has nothing to say on government regulation, banking malpractice, potential bailouts & the sanctity of deposits in a “capitalist” society
@elonmusk
45 of America’s 50 biggest publicly traded companies have turned profits since March, while nearly 8 million Americans have fallen into poverty since June.
Wishing my dad
@stephenbnathan
a very happy 80th birthday. He met my mom at
@SyracuseU
(married 57 years) where he played lacrosse and was ROTC, retired Lt. Col Army/Reserves in 80s. Helped raise 2 sets of twins, been a vol firemen for 15yrs. My best qualities learned from him.
You guys are nuts if you think there's gonna be a widely available coronavirus vaccine (or any vaccine) b4 the election, It's a Hoax! 2 groups who will NOT take a rushed vaccine in 2020, anti-trumpers & anti-maxxers, which leaves his bleach injectors & hydroxychloroquine poppers
"It's the Economy Stupid"...NOT the stock market. He can tweet all he likes about new highs in the S&P 500, the swing voter with wage, job, health & voting insecurity don't care about trillions in liquidity induced paper profits they don't have.
My dad was
@USArmy
ROTC at
@SyracuseU
in the early 60s, active duty after until 1969 and reserves into the 80s. He retired a Lt Col. Thank you for your service. There are few things in his 78 years he’s more proud of
#Veteran
He still serves in uniform.
Watergate Scandal which Nixon said was a "witch hunt" until the end included a constitutional crisis, impeachment proceedings, and ultimately his resignation... weighed on stocks. The S&P 500 $SPX had nearly a 50% peak to trough decline from all-time highs Jan '73 to Oct '74 low
If
@MichelleObama
were to endorse
@JoeBiden
tomorrow & hint to the possibility of being his VP, it would be the silver bullet to rule them all...hasta la vista Bernie & Bloomberg and in November the full repudiation of trumpism...up & down the ballet setting stage for
#MObama2024
School from home -dead. Work from home -dead. Workout from home -dead. Flip home from home -dead. It's a Niedermayer market. All down 50% from pandemic highs. $CHGG, $ZM, $PTON, $ZG
We cant’t quit you...
@GuyAdami
,
@NorthmanTrader
and I are back with some Stock Market Straight Talk as the S&P 500 approaches key technical resistance at 3000 following a week buoyed by continued Fed jawboning, coronavirus vaccine and reopening optimism.
I talk markets & macro with
@GuyAdami
&
@NorthmanTrader
--> unfiltered. We discuss technical rejection in the $SPX, China Trade War Redux impact on U.S. multinationals like $AAPL & $BA & the weight of high unemployment on economic recovery
I honestly don't know what we're talking about, trying to quantify stimulus (socialized loses) & the stock market (privatized gains)...$5 trillion & counting, and trump only sees 401Ks, not the lower right of the K that is getting destroyed in this economy, who don't own stocks.
Is there really only a handful of journalists/financial pundits who have the chops, and/or the guts to factcheck the POTUS's daily lies and fanciful predictions about the economy?? thnx -->
@SRuhle
@AliVelshi
@JohnJHarwood
@steveliesman
This weekend the president touted the economy, talking everything from the trade deficit to low unemployment.
But many of those numbers just don’t add up.
Here’s a
#FactCheck
of the president’s claims.
@MSNBC
.
@GuyAdami
,
@NorthmanTrader
, and I debate how much juice is left in the tank for the stock market...On China, trump painted himself in a corner & blinks, Xi views him as a lame-duck, we discuss the impact on trade & global growth during a global pandemic.
@mcuban
I suspect when the dust settles from the impending mushroom cloud, high-frequency traders & options market makers will be the real winners, they'll make money on way up & down and in vol. House always wins...cheers to their success, but "money ain't got no owners, only spenders"
The
@WSJ
Editorial Board is just now realizing that potus is bad at “deals” and will use his power to settle scores and line the pockets of his political pals.
The TikTok deal could damage the U.S. government’s reputation for playing by free-market rules.
Those in the cheap seats won’t really get it. Mike’s clients, the ones who engage with him and his work…the ones who pay his employer for his analysis and ideas, not the soundbites in the Fin Press have voted him best strategist for years, for many very good reasons.
Mike Wilson, Morgan Stanley’s top US equity strategist, is stepping down from his role as chair of the firm’s Global Investment Committee, according to an internal memo
Corporate America... Never forget when these scoundrels try to rejoin your cozy club, especially after y’all got so woke in 2020.
Treasury Secretary Steven Mnuchin declined to extend several emergency loan programs via
@WSJ
Thursday is A-Day for the Stock Market, the AGA of MAGA, (Apple, Alphabet-Google & Amazon) nearly $4.5 trillion in market cap, 30% of the Nasdaq 100 & 14% of the S&P 500 will report Q2 results.
Good Luck $AAPL, $GOOGL, $AMZN, we're all counting on you $QQQ, $SPY
#ThinGreenLine
Need in-the-moment trade ideas? You need "In the Money," a new weekly video series featuring CNBC contributor and options strategist Dan Nathan. Tune in every Tuesday for Dan’s takes.
You will never find a more wretched hive of scum and villainy than the party of trump. Our Democracy must be careful
NEVER FORGET, A sitting POTUS instigated a deadly revolt on our nation's capital with the intent of overturning an election for fear of future criminal indictment
It's ok to politely disagree, if you're so offended by my logic, then unfollow. We must acknowledge the mistakes that got us here, the ill-preparedness, the denial of science, the deliberate misinformation, the mass dissemination of conspiracy theories. He had one job. Protect Us
Two teeny tiny little men, acting unhinged in concert after their meeting. One navigating likely margin calls to the tune of hundreds of millions or billions on pledged stock, the other scurrying for a $450 million bond for financial fraud verdict.
#sad
Marko's brilliant, but to be right that U.S. economy is back @ high-water mark in 2nd half of 2021 & SPX back @ Feb highs @ 3400 in 1st half of 2021 that would mean the pandemic induced recession will not have a lasting negative impact on consumer & corporate spending. No Chance
trump is the most prolific political loser in the history of America: 2018, 2020 & 2022. Now a convicted Felon who also lost a civil case for sexual abuse and one for massive financial fraud.
If the Election Interference case brought in Fulton County Georgia, and Election
How much longer can the U.S. government continue to award lucrative contracts, with massive national security implications to
@SpaceX
while its part-time ceo
@elonmusk
engages via tweet in wildly un-American rhetoric with enemies of our state and cyber criminals?
Our country is on fire. trump denied existence of covid-19 resulting in unnecessary cases, deaths & a historic economic collapse. He does not believe global warming causes severe weather events. He does not believe that systemic racism exists.
Who’s better off than 4 years ago?
“Historically, nearly all of the net change in the $SPX has occurred with the opening trade. Since 1993, the index is up 745% overnight, based on the opening trade, and down about 9% during the trading day”
So 40% of Nasdaq stocks are down 50% from recent highs, while the index is down less than 9% from its highs.
"Fugayzi, fugazi. It's a whazy. It's a woozie. It's fairy dust. It doesn't exist. It's never landed. It is no matter. It's not on the elemental chart. It's not f’in real”
2020's Pandemic & Economic/Stock Market Crash birthed one of the largest & fastest asset bubbles ever created
$TSLA +730% ytd, 6th largest stock in the $SPX, market cap of $658 billion, greater than the entire global auto industry combined, despite just 1% market share
#HaveAtIt
.
@RiskReversal
says he’s never seen a frenzy like Tesla’s rally this year. He breaks down the rising trend and warns investors to not get too excited. $TSLA
Hi
@elonmusk
@X
. First time, long time. thanks but not thanks for the “blue check”. Don’t want to be in that club or “look like” I paid for it. Please unsubscribe.
.
@GuyAdami
,
@NorthmanTrader
, and I are back with stock market
#StraightTalk
. We have a good old fashioned bull-bear debate...we discuss the psyche around the Nasdaq mania, next week's Bank earnings & Election outcomes' impact on markets (7/10/20-10:30am)
@carlquintanilla
They should be held to account for their politically motivated disinformation campaign. Kudlow’s legacy will be a phony tv economist and a feckless shill for likely the worst President this country will hopefully ever have to tolerate.
It's beyond my comprehension that the worst pandemic in a century, causing the largest spike in unemployment in a century, the highest levels of Debt to GDP in a century, maybe the deepest recession in a century, will be encapsulated in a 2 month 35% peak to trough decline in SPX
Hi
@elonmusk
, first time long time. I know it’s not rocket science, see my
@twiiter
notification settings. I don’t see bots in my mentions, I’m sure many of my followers are, but who cares? Trolls are the problem, so 👍 on verifying. But mute/block works well. What am I missing?
The $SPX is 13% above its 200-day moving average, within 1% of an all-time high, up nearly 11% in Nov, its best month in decades. 90% of its components are above their 200-day. A broad rally not dependant on the F'MAGA complex, very impressive. What could possibly go wrong?