"..., it appears that this dangerous and potentially explosive period - from 2018 - 2020 - is beginning ‘with a bang’. But, I do think they are only the ‘opening act’. That is NOT said to be sensational or alarmist. It is just an attempt to convey some very natural and very consistent cycles that might normally be overlooked."
Crytpocurrencies have been on the rise for last few days (perhaps, as tax-based selling pressure abates) but we suspect downside risk may increase again as WSJ reports NY AG Schneiderman contacts 13 crypto-exchanges, claiming that investors dealing in the fast-growing markets often don’t have the basic facts needed to protect themselves.
The good news: NFLX just smashed net addition expectations; the bad news: NFLX continues to hemmorhage cash, and will burn between $3 to $4 billion in 2018, and "be free cash flow negative for several more years."
As the world watches breathlessly if Trump will follow through with his threat to slap steel and aluminum import tariffs, Europe continues to quietly ratchet up its own trade war with China and nobody seems to mind.
This week alone should offer a return to the times when intra day volatility allowed for price discovery is a little quicker than we normally see we are starting to see signs that macro themes are likely to become a little more mixed
American Outdoor Brands (which owns Smith & Wesson) and Sturm Ruger stocks are collapsing in after-hours trading following AOBC slashing its sales and earnings guidance and warning that lower levels of firearm demand may continue for some time.