@KobeissiLetter
The market doesn't break when you expect it to break. It usually breaks when all bears have been broken and bulls start to firmly believe that a new bull market has started. It moves in a way to hurt the most participants! Look at both the FTSE and DAX🤪
@RetirementRight
The bull run doesn't start with shitty stocks going up 40%-50% or more in a day. It starts when people have given up on everything. Doesn't look like it at the moment.
GOVERNMENT DESTROYING THE NORTH SEA OIL INDUSTRY ALONG WITH A LOT OF JOBS AND COUNTRY ENERGY SECURITY. One of the biggest North Sea operators Apache has announced that it is ending drilling due to the windfall tax.
@shanta_gold
The independent directors of Shanta Gold have a lot of explaining to do to come with this derisory offer when gold is trading at close to record levels. Instead of accepting this offer I will be asking for their resignation!
The UK government needs to stop messing with the North Sea oil industry. Enquest PLC down 15% this morning. The communist regime taxes are driving the industy into oblivion. Aren't we supposed to be a capitalist economy where entrepreneurship and risk are rewarded!!?
#disgrace
The Celsius CEO is asked THE question: How do you earn the required amount to pay such high yields to your customers? (He answers with the usual crypto word salad gibberish)
@blueorcainvest
They paid for land adjacent their present license area. And they are currently not even exploring that new patch of land. They didn't pay tens of millions for it but a very modest amount with a royalty should it turn out that there is lithium in the ground.
Labour should never be in government with comments like these. No one sulked when the price of oil was close to zero - it is the forces of supply and demand that set the price and investors have to be compensated for taking risks!
When the shadow chancellor is making uneducated comments like this, it shows why we don’t want Labour in power either, as they will be as bad as the Conservatives, or worse!
Current situation:
1. Stocks are falling like a recession is coming
2. Oil prices are rising like there's no recession in sight
3. Interest rates are rising like we have 10% inflation
4. Gold is falling like inflation is gone
Apple’s market capitalisation is now larger than that of the entire FTSE 100. Here’s the chart. Apple’s in blue at around £2.4 trillion, while the FTSE 100 is in white, at just over £2 trillion.
The
#SHG
deal announced today is not a deal but a shameful robbery from existing shareholders at a time when this will be kicking out serious cashflows at a $2000 gold price point. I will be rejecting this deal.
#GOLD
#Shanta_Gold
@TheLastDegree
Most of the stocks in your portfolio produce nothing so they are highly speculative. Its not what you have on the ground but what you do with it... Most of them just like to dilute and dilute again.
Many oil producers in the UK have took on large debts to fund production in North Sea and shareholders are right to be furious at the UK Govt theft of their cash. In years to come, everyone will wonder why no capital is available?
I still remain very positive on UK small caps long term in light of their low valuations. But over the past 3-6 mnths, UK & US bank stocks have traded poorly - maybe something big might well break again (re mini banking crisis in March/April) given the elevated interest rates..
$SNAP has paid out a total of $8.2 billion in freshly issued stock (SBC) since its 2017 IPO. The company’s market cap today is $16bn, and it has never showed a profit (losing $9.2bn since the IPO).
They invented a literal money printer for themselves.
The different levels of losses right now:
If you own an S&P 500 index fund (minor correction)
If you own the Nasdaq 100 (correction)
If you own small caps (bear market)
If you own Facebook (1987)
If you own crypto (crash)
If you own hyper-growth stocks (Great Depression)
MicroStrategy, $MSTR, co-founder Michael Saylor’s multibillion-dollar bet on Bitcoin is profitable once again.
$29,582 was the average purchase price of the $4.68 billion in Bitcoin the company held, per Bloomberg.
🛬🚨🛩️: How are we going to land?
“Powell: "You fly, right? Sometimes the landing is perfect. Sometimes the landing is a bit bumpy. It's still a good landing." - back in May
Historically extensive rate hike cycles don’t end well. So how is a soft landing possible?
Read on
The market is falling partly because there is more competition for our cash. The 5 year gild is priced at 85 p meaning you get a 100 p in five years and on top of that you get a payout every year, yield of 5% tax free too. With some investment grade corporate bonds you get 7%.
@NickTimiraos
He's not doing reporting. He's the voice of the Fed which is concerned that if markets go up inflation will go back up and they'll have to raise rates further.
Clients of OvalX, formerly ETX Capital, have just received an email warning them that the business is being shut down. This is not just in the UK, the owner Monecor, is shutting operations across Europe.
$COIN Stock based compensation is $1.5 Billion in 2022. Coinbase insiders have been exercising options and selling stock in huge quantities the last two weeks. Run entirely for the benefit of management, not shareholders. There is nothing left for shareholders.
UK government is strangling the economy to contain inflation. What they really need is to make it simpler for immigrants to get jobs in the UK so that salaries don't continue spiralling out of control. The ironies of Brexit 🤦
Apple + Msft = $4.6T mkt cap
Russell 2000 = $2.6T mkt cap
Apple + Msft = $591b in Revenue
Russell 2000 = $2.5T in Revenue
Apple + Msft = $161 b in Earnings
Russell 2000 = $51b in Earnings
Amazon’s $1.23 trillion market cap means when AMZN stock declines, so does the S&P500. Investors are going to start questioning the strength of the current rally. Speaking of market cap weights, "the 5 biggest stocks in the S&P500 have a weighting equal to the bottom 350 stocks"
SNAP $SNAP down almost 19% today. I remember being nervous at a wedding reception last year when I shorted it at around $70 and it was aggressively going against me! SNAP CEO Evan Spiegel has made huge amounts for himself out of this. No justice for shareholders holding the bag
Short seller Jim Chanos closing his main hedge funds is proof that the markets can stay irrational for longer than even a very capable and well funded institutional investor can stay solvent.
The inflation rate in the United Kingdom remained steady at 6.7% in September 2023, defying market expectations of a slight decrease to 6.6%, as softer increases in prices for food and furniture were offset by a smaller decline in energy costs.
@TheLastDegree
I'm just tired of miners that dilute shareholders though. Look at Impact Silver last week with their announcement. Its all built on sand. You mentioned Santacruz Silver last time but avoided commenting on its financials.
UK Markets are miserable currently 🥺
Since Nov 2021 on the AIM market:
129 stocks up
625 stocks down
370 stocks down at least 50%.
59 stocks down 90% or more
Majority of IPO since not included so will be worse as most are down.
@Vince_Stanzione
$CVNA Carvana is basically the same - subprime mortgage loans but only more manipulated. They keep pushing news on google while the founders bail out slowly. The person who said markets are efficient needs to be shot!
The economy seems to be doing well is all attributed to all the free money handed out during Covid along with for several years, people were not spending. Now they are spending this money. You can see that with the boom in travel and other service industries.
@respeculator
I agree that's a buy. Another one i suggest is Altyngold (ATLN). I would appreciate if you could name any other you think have great potential. Would also appreciate any copper or nickel miners.
Essential is to make clear who the North Sea oil companies are, the fact Labour have blinded people by presenting us as oil giants raking in billions of cash for their shareholders by profiteering from the Ukraine war whereas most independents have had a very hard time...
Good Morning from Germany where the transition to green energy is costing not only consumers but also shareholders of green energy comps. For example, Siemens Energy saw a significant drop in its stock market value, losing ~€20bn from ATH. In fact, when you add up the values of