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Re: Stock Market Crash! (merged) Pt. 12

Discussions about the economic and financial ramifications of PEAK OIL

Re: Stock Market Crash! (merged) Pt. 12

Unread postby Armageddon » Tue 04 Feb 2020, 12:54:28

U.S. Heavy Truck Sales down 11% Year-over-year in January

calculatedriskblog.com/2020/02/us-hea…
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Re: Stock Market Crash! (merged) Pt. 12

Unread postby StarvingLion » Tue 04 Feb 2020, 13:02:37

Cog, Oil is "SOARING"...hahaha. WTI desperate to stay above $50. IT WILL FAIL.

XOM is continuing its CATASTROPHIC COLLAPSE today down 1%.
SUNCOR is FAILING.
BA barely up at all.

The CRIMS can't prop this shit up.
Cog has now officially gone AWOL.
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Re: Stock Market Crash! (merged) Pt. 12

Unread postby Cog » Tue 04 Feb 2020, 15:08:02

Short sellers got slaughtered today. I wonder if they get market advice from shorty.
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Re: Stock Market Crash! (merged) Pt. 12

Unread postby Yoshua » Tue 04 Feb 2020, 15:43:08

After Iowa it's: The Republican Party vs. The Banana Republic.

Yes, I know it's entropy...

:)
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Re: Stock Market Crash! (merged) Pt. 12

Unread postby Armageddon » Tue 04 Feb 2020, 15:45:40

US Factory Orders Continue Year-Over-Year Decline | Zero Hedge
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Re: Stock Market Crash! (merged) Pt. 12

Unread postby Outcast_Searcher » Tue 04 Feb 2020, 16:07:37

Armageddon wrote:US Factory Orders Continue Year-Over-Year Decline | Zero Hedge

Yes, always look on the dark side. It makes you so accurate. /s

Also, when you don't bother with actual links or quotes or clear citations, you generally are distorting things. Too bad after doing that so often and so long you pick up a well-earned reputation for that. :shock:

In the MSM, on the other hand, trying to look at the real news:

U.S. factory activity unexpectedly rebounded in January after contracting for five straight months amid a surge in new orders, offering hope that a prolonged slump in business investment has probably bottomed out.


The improvement in the ISM data likely reflects ebbing trade tensions between the United States and China. Washington and Beijing signed a Phase 1 trade deal last month. The deal, however, left in place U.S. tariffs on $360 billion of Chinese imports, about two-thirds of the total, which economists say will remain a constraint on manufacturing.

The ISM’s forward-looking new orders sub-index jumped to a reading of 52.0 last month, the highest since May, from a revised 47.6 in December. Manufacturers also reported paying more for raw materials and other inputs. The survey’s measure of prices paid hit its highest level in 10 months, suggesting some building up of inflation pressures at the factory level.


https://www.cnbc.com/2020/02/03/ism-man ... -2020.html

So as I've been saying, the trade war matters re how the outlook is perceived, and as per ususal, the data is mixed, NOT all negative -- or even remotely close.

...

And yup, as I suspected re the zerohedge piece, even they managed to be balanced and report positive news. But of course, armageddon wouldn't want to be honest about that, so the usual distortion. :lol:

Since armageddon couldn't do the "hard" work of a proper citation / link, I'll do it for him:

After a notable down revision for November (from -0,7% MoM to -1.2% MoM), December US Factory Orders rose 1/8% MoM (better than the 1.2% rise expected). That is the biggest MoM jump since Aug 2018.

https://www.zerohedge.com/economics/us- ... ar-decline

Keep digging armageddon. Soon EVERYONE will always believe you, no matter how distorted your "reporting". :!:
Given the track record of the perma-doomer blogs, I wouldn't bet a fast crash doomer's money on their predictions.
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Re: Stock Market Crash! (merged) Pt. 12

Unread postby Armageddon » Tue 04 Feb 2020, 17:17:34

Somebody doesn’t understand YOY
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Re: Stock Market Crash! (merged) Pt. 12

Unread postby Armageddon » Tue 04 Feb 2020, 17:21:36

Cass Year-Over-Year Freight Index Sinks to a 12-Year Low

Year-over-year, the Cass shipping index turned in its worst performance since the Great Recession.
The Cass Freight Shipment Index is still sounding recession alarm bells.


Pretty telling
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Re: Stock Market Crash! (merged) Pt. 12

Unread postby Armageddon » Tue 04 Feb 2020, 17:42:48

Get ready to see lots of this:


"Made in China" Economic Hit Coming

Major disruptions include carmakers, Apple, Qualcomm, Wynn resorts, Sony, BP, Pandora, Royal Caribbean, Nike, all the airlines, and many drug makers.

If it's "Made in China" there will be an economic hit.




https://moneymaven.io/mishtalk/api/amp/ ... ssion=true



With so many companies barely surviving, this could be the tipping point for them.
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Re: Stock Market Crash! (merged) Pt. 12

Unread postby Cog » Tue 04 Feb 2020, 19:08:00

How many tipping points have we went through since this stock market crash thread was created? Hundreds perhaps?

Meanwhile, in the real world we patiently wait for the doom that was promised.
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Re: Stock Market Crash! (merged) Pt. 12

Unread postby Armageddon » Tue 04 Feb 2020, 20:09:56

Best economy ever.

Durable goods new order growth just contracted again.

It has declined for 5 months straight!

Only happened 3 other times:

May 2001
Sept 2008
July 2015
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Re: Stock Market Crash! (merged) Pt. 12

Unread postby Armageddon » Tue 04 Feb 2020, 20:22:32

Greatest Economy Of All Time:

Macy's To Cut 2,000 Jobs And Shutter 125 Stores Amid "Significant Structural Change"

@EvilZeroHedge
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Re: Stock Market Crash! (merged) Pt. 12

Unread postby Armageddon » Tue 04 Feb 2020, 20:34:26

Ford posts $1.7 billion quarterly loss, provides weaker-than-expected 2020 forecast reut.rs/37X7f3u $F
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Re: Stock Market Crash! (merged) Pt. 12

Unread postby shortonoil » Wed 05 Feb 2020, 04:36:45

"Made In China" Economic Hit Coming Right Up
https://moneymaven.io/mishtalk/economic ... Vh4l8mvaYQ

Major disruptions include Ford, Apple, Tesla, Qualcomm, Hyundai, Wynn resorts, Sony, BP, Pandora, Royal Caribbean, GM, Toyota, Nike, all the airlines, and many drug makers.
If it's "Made in China" there will be an economic hit.

The world has $340 trillion in debt, and no conceivable way of repaying it. The central banks are attempting to keep things moving by providing mountains of fictitious money. We are at the end of being able to produce the needed quantities of the modern world's essential life blood; the world can no loner produce enough high quality petroleum. The world's political systems are in shambles, and the lunatics have taken over the asylum. The crazies have now released a devastating bio weapon upon the face of the earth! The world's largest manufacture just went out of business, and every thing in China is sick, and dying. It can no longer even count its dead. Its pigs, its fowl, its people, and its industry are dying. Its diseases are being shuttled off to the rest of the world with lighting speed. Factories all over the planet will be shutting their doors within days. The largest economic upheaval in a 1,000 years is now taking place! Within the year the world that you now know will have become unrecognizable.
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Re: Stock Market Crash! (merged) Pt. 12

Unread postby Armageddon » Wed 05 Feb 2020, 10:49:43

They are pumping in 50-100 billion per day in the debt market


https://m.youtube.com/watch?v=BZg1wbVPGPY
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Re: Stock Market Crash! (merged) Pt. 12

Unread postby Cog » Wed 05 Feb 2020, 10:58:16

Who are they? Got a citation? Of course you dont. LOL
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Re: Stock Market Crash! (merged) Pt. 12

Unread postby shortonoil » Wed 05 Feb 2020, 11:29:33

Did China's Tencent Accidentally Leak The True Terrifying Coronavirus Statistics
https://www.zerohedge.com/health/did-ch ... statistics

Ten days ago, shortly after China first started reporting the cases and deaths associated with the coronavirus epidemic, a UK researcher predicted that over 250,000 Chinese would be infected with the virus by February 4. And while according to official Chinese data, the number of infections has indeed soared in the past two weeks, at just under 25,000 (and roughly 500 deaths), it is a far cry from this dismal prediction, about ten times below that predicted by the epidemiologists........

As the Taiwan Times reports in a report first spotted by user @TheHKGroup, over the weekend, Tencent "seems to have inadvertently released what is potentially the actual number of infections and deaths, which were astronomically higher than official figures", and were far closer to the catastrophic epidemic projections made by Jonathan Read.

According to the report, late on Saturday evening, Tencent, on its webpage titled "Epidemic Situation Tracker", showed confirmed cases of novel coronavirus (2019nCoV) in China as standing at 154,023, 10 times the official figure at the time. It listed the number of suspected cases as 79,808, four times the official figure.


These numbers are very close to what we determined, and posted here a few days ago from extrapolating earlier Chinese data. These estimates can also be validated by calculating Chinese hospital bed usage against their total number of beds. The nCov epidemic in China is at least 10 times the official reported numbers. This strain has 1 billion Chinese remaining to infect. The outcome for China, and the world will not be pretty.

This data also substantiates our original hypothesis. This disease, for unknown reasons, is primarily affecting just China. If true (big If) the West may only experience an event similar to a very bad case of the flue. Until fatalities begin to grow substantially in the West, it will remain our dominate hypothesis. The West may miss the horrendous death toll, but it won't miss the economic catastrophe to ensue.

Stop bio-weapons research, and development now! It is the height of human insanity. It can never be fully controlled, and anything less than 100% is suicide.
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Re: Stock Market Crash! (merged) Pt. 12

Unread postby StarvingLion » Wed 05 Feb 2020, 12:07:25

Cog wrote:Short sellers got slaughtered today. I wonder if they get market advice from shorty.


Ford stock is down 10% today. I lost all my money cause some idiot named Cog said it was a buy at $9. Now its $8 and going to $0.

See what an expert stock picker Cog is.
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Re: Stock Market Crash! (merged) Pt. 12

Unread postby StarvingLion » Wed 05 Feb 2020, 12:10:04

Armageddon wrote:They are pumping in 50-100 billion per day in the debt market


https://m.youtube.com/watch?v=BZg1wbVPGPY


And I'm withdrawing $500 per day before the ATM machine says:

BANANA REPUBLIC
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Re: Stock Market Crash! (merged) Pt. 12

Unread postby asg70 » Wed 05 Feb 2020, 12:13:00

Cog wrote:Who are they?


"They"(TM), of course.

BTW, that guy in the video looks like Rock Hudson right before he keeled over from AIDS. I'd say he has more immediate concerns than the financial situation.

BOLD PREDICTIONS
-I'm glad Trump is in there now. I think we'll have a vaccine in a couple of months. (mmasters, 3/17/20)

HALL OF SHAME:
-Short welched on a bet and should be shunned.
-Frequent-flyers should not cry crocodile-tears over climate-change.
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