GOOG
Warning: the FANGs Are Breaking Down
Submitted by Phoenix Capital Research on 01/06/2016 07:50 -0500The former market leaders are all beginning to breakdown. Has the market top finally hit?
The Next Big Short
Submitted by Tyler Durden on 01/01/2016 13:20 -0500At the end of the day, the current preposterous $325 billion market cap has nothing to do with the business prospects of this firm or the considerable entrepreneurial prowess of its leader and his army of disrupters. It is more in the nature of financial rigor mortis - the final spasm of the robo-traders and the fast money crowd chasing one of the greatest bubbles still standing in the casino.
"2016 Will Be No Fun" - Doug Kass Unveils 15 Surprises For The Year Ahead
Submitted by Tyler Durden on 12/29/2015 11:36 -0500- American Express
- Andrew Ross Sorkin
- Apple
- B+
- BAC
- Bank of America
- Bank of America
- Berkshire Hathaway
- Bernie Sanders
- Bill Gates
- Boeing
- Bond
- Book Value
- Capital Expenditures
- Carl Icahn
- Chesapeake Energy
- China
- Citigroup
- Comcast
- Crude
- dark pools
- Dark Pools
- David Faber
- Donald Trump
- Doug Kass
- Dow Jones Industrial Average
- Elizabeth Warren
- ETC
- European Union
- Federal Reserve
- Florida
- Ford
- Fox Business
- France
- General Motors
- goldman sachs
- Goldman Sachs
- GOOG
- Greece
- HFT
- Housing Market
- Janet Yellen
- Joe Kernen
- JPMorgan Chase
- Morgan Stanley
- MSNBC
- NASDAQ
- NBC
- New York City
- New York Stock Exchange
- New York Times
- Nominal GDP
- President Obama
- Real estate
- Recession
- recovery
- REITs
- Sears
- Stagflation
- Unemployment
- Vladimir Putin
- Warren Buffett
- Wells Fargo
- Yield Curve
My overriding theme and the central drama for the coming year is that unexpected events can take on greater importance as the Federal Reserve ends its near-decade-long Zero Interest Rate Policy. Consensus premises and forecasts will likely fall flat, in a rather spectacular manner. The low-conviction and directionless market that we saw in 2015 could become a no-conviction and very-much-directed market (i.e. one that's directed lower) in 2016. There will be no peace on earth in 2016, and our markets could lose a cushion of protection as valuations contract. (Just as "malinvestment" represented a key theme this year, we expect a compression of price-to-earnings ratios to serve as a big market driver in 2016.) In other words, we don't think 2016 will be fun.
Uncertainty Looms Over Global Markets In 2016
Submitted by Tyler Durden on 12/22/2015 14:35 -0500Without being able to predict the election outcome in 2016, it will be prudent to keep cash levels high in order to maintain flexibility. Furthermore with the leading beta asset classes starting to exhibit corrections, there are growing signs that the investing environment is changing, which should give investors pause.
In High Stakes Game of the Future of Finance, Reggie Middleton Challenges Goldman Sachs Patent Filing With Ease
Submitted by Reggie Middleton on 12/04/2015 04:59 -0500Year end 2015, we go from Ponzi scheme to failure to the thing every major global bank desires. The dilemma is, the ingenuity to excel in this space lies in scrappy young startups, not trillion dollar mega banks. Let me prove this to you, step by prior art step.
Top Hedge Funds Dump Stocks In Q3: Complete 13-F Summary
Submitted by Tyler Durden on 11/17/2015 08:16 -0500The just concluded 13-F bonanza shows that "some of the world’s top hedge fund managers scaled back their U.S. stock investments last quarter as markets tumbled." Below, courtesy of Bloomberg, is the full summary of what the most prominent hedge fund names did in Q3...
When Does The Market Breakdown Again? The Answer Is In The A-D Line
Submitted by Tyler Durden on 11/11/2015 15:58 -0500US Equities' "Impressive Rebound" Is Hollow Inside
Submitted by Tyler Durden on 11/02/2015 08:29 -0500If one looks at the NDX alone, one would have to conclude that the bull market is perfectly intact. The same is true of selected sub-sectors, but more and more sectors or stocks within sectors are waving good-bye to the rally. Even NDX and Nasdaq Composite have begun to diverge of late, underscoring the extreme concentration in big cap names. Naturally, divergences can be “repaired”, and internals can always improve. The reality is however that we have been able to observe weakening internals and negative divergences for a very long time by now, and they sure haven’t improved so far. In terms of probabilities, history suggests that it is more likely that the big caps will eventually succumb as well.
Crude Crashes & Stocks Soar As Global Central Bankers Hit Panic Button
Submitted by Tyler Durden on 10/23/2015 15:05 -0500Nasdaq Futures Soar After Microsoft, Google, Amazon And AT&T All Beat, Surge
Submitted by Tyler Durden on 10/22/2015 15:18 -0500
Morning Has Broken: A Deep Dive Into The Trading Patterns Of The American Retail Invetor
Submitted by Tyler Durden on 08/27/2015 08:02 -0500Americans associate the morning with “Time to trade equities”. They hear news – in the case of the last few days, bad news from overseas – first thing in the morning. By the time the market opens, they have made their decisions and entered their orders. About half as many will check in around the close to see how things turned out, but for many the next piece of market news won’t hit their mental “Screen” until 20 hours or so later.
Did David Tepper Just Call The Market Top... And Is The Appaloosa Billionaire Losing His Touch
Submitted by Tyler Durden on 08/14/2015 15:53 -0500How did Tepper do in Q2? In a word: lousy. In another word: the man who recently was on CNBC pitching a 20x P/E multiple as the new normal, may have just called the market top.
Google Renames Itself "Alphabet", Stock Soars
Submitted by Tyler Durden on 08/10/2015 16:09 -0500Google is adopting this structure in order to make clearer the difference between its main business and longer-term endeavors, as Page and Brin take on more strategic roles, while leaving operational management to trusted deputies.
Laszlo Birinyi Projects S&P 3,200 Within 2 Years, Squeaks "It's All Noise, Don't Worry"
Submitted by Tyler Durden on 08/04/2015 11:24 -0500"It's all noise," squeaks Laszlo Birinyi, deflecting concerns about revenues, earnings, Europe, China, commodities, and rates as he unleashes his latest extrapolation. "If we continue to grow at 11bps per day, the S&P will be at 3,200 within 2 years," he warbles as he hopes his ruler - which missed its 2013 projection by 1100 points - is forecasting better this time.
The End Of The Supercycle? Commodity "Capitulation" Arrives
Submitted by Tyler Durden on 07/24/2015 19:49 -0500In a note by BofA's Michael Hartnett, the bank looks at the latest EPFR fund flows and concludes that the wave of commodity "capitulation" revulsion selling has finally arrived.






