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    ES Journal - 2023/2024

    You can literally SEE some coordinated selling along the 5 moving average. ONE WALL STREET ALGO alone can´t execute such perfection. If I would be the regulator, $10 Billion fine for all of them to send a CLEAR MESSAGE.
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    ES Journal - 2023/2024

    :sneaky: Wet dreams....
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    What is DJT worth if Trump does not win? (spoiler; I doubt he wins now after conviction)

    There are several law firms already class action mode against Trump´s auditing company. This will be feast for law firms raking in hours and hours and hours...
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    Nvda and law of large numbers

    We will have some High Frequency fun with this stock today. :sneaky:
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    Citi fined $79 million by British regulators over fat-finger trading and control errors

    The regulators said that certain system and control issues persisted during the probe period and led to trading incidents, such as so-called fat-finger trading blunders. The main incident highlighted took place on May 2. 2022, when an experienced trader incorrectly inputted an order, which...
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    China retaliates against the US and EU with anti-dumping probe

    Tit-for-tat investigation into thermoplastics follows a pattern established during the Trump presidency China has signalled it will retaliate against trade barriers introduced by the US and the EU as it launched an anti-dumping probe into chemical imports. The Ministry of Commerce announced on...
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    Russian court seizes assets worth €700mn from UniCredit, Deutsche Bank and Commerzbank

    A St Petersburg court has seized over €700mn-worth of assets belonging to three western banks — UniCredit, Deutsche Bank and Commerzbank... The seizure marks one of the biggest moves against western lenders since Moscow’s full-scale invasion of Ukraine prompted most international lenders to...
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    Starwood’s $10bn property fund taps credit line as investors pull money

    Heavy redemption requests come as fears rise over real estate valuations https://www.ft.com/content/1b0ce791-e387-4ea4-852a-14d59b3ced1f Here we go again....
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    US import prices for April 0.9% vs 0.3% estimate - nasty "surprise"

    Prior month import prices 0.4% MoM revised to 0.6%. Prior month export prices 0.3% MoM revised to 0.1% Import prices for April 0.9% vs 0.3% estimate Export prices for April 0.5% vs 0.4% estimate Import prices for April 1.1% vs 0.4% last month. Highest since December of 2022 Export price YoY...
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    Siemens misses profit forecast as industrial business struggles - stock down 5.5%

    ZURICH (Reuters) - Siemens reported a drop in second quarter earnings at its industrial business, the German engineering group said on Thursday, after suffering a slowdown at its flagship factory automation division. The trains to industrial software maker said industrial profit fell 2% to 2.51...
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    Gotta love ZERO RISK in the SP500 = $$$

    Beloved S&P has reached upper limit - distribution time.
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    ES Journal - 2023/2024

    You shall not go long into that CPI Report tomorrow....
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    Are we in for S&L Crisis 2.0? All eyes are on CRE reset in 2025

    A famous German banker once commented on these amounts: "PEANUTS"! :D:D:D
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    Sales down? No problemo. Do a Buyback. Increase Div.

    If you read between lines it means they have no innovation that is an additional revenue driver/profit driver. They are now entering the "battlefield mode" with many other generic mobile phone producers. The other day I read they may be planning a "poor man´s IPhone". Well, how desperate are...
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    Israel reopens airspace 7 hours after start of Iranian offensive

    Ben Gurion Airport will resume operations, Israel Airports Authority announces in consultation with Defense Ministry; Eilat's Ramon Airport remains shuttered https://www.ynetnews.com/article/bytdhyfga Hold your breadth. Nothing to see here.
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    Euro area PPI month-over-month -0.9%, year-over-year -8,6%

    Don´t worry. This is just the start of DISINFLATION.
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    Bundesbank says Germany is likely in recession now

    The German central banks comments in its monthly report Germany likely in recession now on weak external demand, muted consumption There is still no recovery in the economy The weak phase in the economy will continue
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    Former Boston Fed President Rosengren: Markets overreacted to CPI

    "Market overreacted to the CPI report. While above analysts expectation, monetary policy is not set to analyst expectations. Nothing in the report indicates anything other than a continued trend towards lower inflation"
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    ES Journal - 2023/2024

    Gentlemen, S&P 500 Mini Futures is a money printing machine. A monster of an index. Last trade 5066. Equity shows 168% net profit in 6 weeks. This makes me scary. NOT! Keep on giving! :sneaky::D
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