NASDAQ

Stocks Catch A Bid On Report Trump's Threat Was Improvised

The S&P has caught a bid, and is now down just 0.1%, with the Nasdaq similarly wiping out most early losses, following a report that contrary to previous speculation that Trump's bombastic "fire and fury" statement was a coordinated and pre-agreed upon indication of intent from the entire White House, it was in fact improvised.

Why One Trader Thinks The "S&P 500 Just Topped Out For The Summer"

Summer market dynamics lend weight to the theory that the S&P 500 may have put in a multi-week high on Tuesday. The index’s price-to-book ratio is at its highest level since 2003. Yes, it’s been up here since June and it was way more elevated from 1996 to 2002, but it now matters because the mood has suddenly turned.

David Stockman Warns Trump "The Swamp Is Undrainable"

"America is so addicted to war, debt and central bank driven false prosperity that even the most resourceful and focused challenger would be taken down by its sheer inertia...The bottom line is that the Swamp is so undrainable that it will end up making mincemeat of Donald Trump."

Nasdaq Crack: Sharp Slowdown In Tech Funds

One doesn't need to see the recent fund flows to know that the tech euphoria of the past seven months appears to be ending - one look at the recent underperformance of the Nasdaq is sufficient - but it helps.

"It Won't Be Long Now" - David Stockman Warns "Amazon Is The New Tech Crash"

"The Amazon business model is fatally flawed. It’s only a matter of the precise catalyst that will trigger the realization in the casino that this is another case of the proverbial naked emperor... I do not think AMZN is a freakish outlier. It’s actually the lens through which the entire stock market should be viewed because the whole enchilada is now in the grips of a pure mania."