Look at the uproar in Asia tonight. The Hong Kong is King Kong to the upside by 350. The Shanghai continues to lead world markets, higher by 0.8% — pressing YTD gains of 41%. The NIKKEI is also higher, but not as much as the wonderful Chinese — higher by 0.9%.
Naturally, and it goes without saying, Bitcoins are to the good, higher again, by 1%. It’s all a rounding error by this point — nothing can stop asset prices from barreling higher. Anyone who’s standing in the way of progress will be taken out, beaten, and then shot.
Let’s review some of the small gains in America’s largest of caps.
AAPL +50%
GOOGL +32%
MSFT +36%
FB +58%
AMZN +51%
Dumb Warren Buffett +15%
JNJ +21%
Here is some more interesting data, median gains spread out by market caps (YTD).
Over $100b: +19%
$50-100b: +17.5%
$10-50b: +16.8%
$5-10b: +14.9%
$1-5b: +10.3%
Under $1b: +1%
Looks like Trump is really reigning in that globalism, eh?
How about by sector? Sure, let’s have a look.
Basic Materials -1%
Consumer Goods +12.8%
Financials +8.2%
Healthcare +11%
Industrials +12%
Services +7%
Utilities +12.5%
Technology +22%
Let’s have a look at tech. Looks fascinating.
Median p/s 1.95
Median pe 18.3
Median p/b 2.85
In the beginning of the year, the p/s ratio of tech was 2.11; but because of the ramp in earnings, valuation has come down. In fact, valuation is now at its lowest levels since 2010.
Go figure.
All jokes aside, it’s hard to make a fundamental case for lower stock when earnings look like this.
The banksters are gearing up to nakedly paper short bitcoin. To fuck it up in some dark alley just like they do it to gold on comex. And silver. It’s clear now that banksters are accumulating btc thru some back door, unobserved, so they could leverage it 100:1 and slam it down. Gotta give it to the banksters…many decades of practice fucking gold and silver up on daily bases.
Loser
You’re an anti-Semite. And you’re stupid.
Who da fuq are you?
Getting brain cancer from reading that gibberish every time Fly posts sthg
You even trade mate?
2nd class trolls. but excellent use of #9.
https://tinyurl.com/mo68src
thank you for playing and come back again anytime.
The Worst Financial Crisis In Our Lifetimes?
http://tinyurl.com/y77slexq
The slave labor dawn is always brightest before the fall into hell.
What do you think America was founded with? Overpaid interns? Do you know what conditions were like in the industrialization of England and America? Government created laws to protect workers. Chinese middle class is going to drive China into global economic dominance in 10 years you fucking racist idiot, conditions are improving dramatically, you have the most basic idea of everything going on with economics and business.
Cut uvxy yet? It’s an expensive hedge…
https://www.markiteconomics.com/Survey/PressRelease.mvc/4e8981c2dfe94504bd753b793e3c0013 The world may be giddy but not China. Hitting 2007 levels is a heavy resistance point for sure too.
… it belongs to you — the people (extra bane)
https://www.youtube.com/watch?v=70hIxu4WCmM
fly does 180 and is now bullish… LOL