Stocks

[Adriano@10]

https://www.wsj.com/articles/deutsc...pital-targets-to-face-coronavirus-11587946377

Have not looked at their BS jet but somethings fishy here. DB beating expectations in this environment seems weird and a write off of only 500 mio due to credit losses seem to low when comparing it with provision losses of US big banks. Yes germany reacted faster for it s sme s and their companies are less debt ridden still that 500 mio write off to be small.
I mean at the end of 2019 their loan pofo was 434 bio. Does a loss provision of 500 mio not seem small considering the circumstances?

Not sure if it s worth more digging but it surely seems odd.

Also oil collapsing again who could have seen that coming.....

Plus the big 5 are up for earnings this week......

 

[Pimpin]

I would just steer away from oil. I have a friend who works for these things and he says practically people in US, the traders have their oil storage people, and its practically like betting against someone with inside information.

I think halliburton may fall steeply this/these week/s, if it does, i will get in. WTI i think will have to go thru way more pain.

Still regret not having the balls to pull the trigger on facebook again, though I do think 190 is a bit too high for this environment.

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It's really surprising the levels at what american banks are trading, almost as if the markets seem to have priced in alot of defaults. Weird since the US banks as you said are so much well prepared than Deutsche.

Wells Fargo for example is at -50% since pre crisis.. Deutshe even after that huge bump in beginning of 2020 fell just 40%.. and the difference between the two preparing is just nuts

 

[Adriano@10]

I would just steer away from oil. I have a friend who works for these things and he says practically people in US, the traders have their oil storage people, and its practically like betting against someone with inside information.

I think halliburton may fall steeply this/these week/s, if it does, i will get in. WTI i think will have to go thru way more pain.

Still regret not having the balls to pull the trigger on facebook again, though I do think 190 is a bit too high for this environment.

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It's really surprising the levels at what american banks are trading, almost as if the markets seem to have priced in alot of defaults. Weird since the US banks as you said are so much well prepared than Deutsche.

Wells Fargo for example is at -50% since pre crisis.. Deutshe even after that huge bump in beginning of 2020 fell just 40%.. and the difference between the two preparing is just nuts

Yeah us banks are amongst the few that truly look cheap.

Same on FB if i only stuck to my initial plan of buying at 150 and below. That being said the more earning calls i listen to the more i m convinced that the ad maret will get absolutely wrecked. I was thinking about starting a position before the earnings call anyways but with em back at 190 i m not to sure.
Then again pintrest rallied on a weak rev beat and the fact that they have no debt and 1.7 bio in cash......
Might start a tiny position just to capture the upside in case of a beat heck even if they only meet expectations price should be around 210-220. And with elections around the corner that is not that far fetched.

Also i agree on the oil i m just wondering who are the idiots bidding this thing up? If there was any space left for storage we would not have seen prices go to -40$ does not take a genius to see that everybody with ample space would have taken that deal. I was more surprised that it went back to the 17$ price it coming back down was fully expected. Matter of fact i fully expect it to trade around 0 or negative again once we approach settlement date of jund contracts. As buy the dip traders will once again scramble to find somebody that will take physical delivery of their hands.


Edit: one more scary thing Tyson ceo took out a ad in the NY times saying pretty much meat shortages are about to come to the US. Saying as much as the food supply chain is breaking down. source: https://time.com/5827631/tyson-foods-meat-shortage/
It looks more and more that the stock market is only betting on the FED, we re seeing all other markets get wrecked it s just stocks that are pushing for ATHs.
Also not to sure wtf s gonna happen in the US if theres a food shortage.

 

[Pimpin]

Oil falling again.. who could've seen this coming

 

[Adriano@10]

Oil falling again.. who could've seen this coming

Thank god my tanker bet was tanking with the oil price recovering.
Now their neatly back on track +7% today.

 

[Candreva Crosses]

no offense, but weren't you a bitcoin investor?

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https://www.ft.com/content/0a4872d1-4cac-4040-846f-ce32daa09d99

I wouldnt take this seriously. It is from WHO from a chinese group.

I was/is strongly against bitcoins. But whatever your mind makes up to not argue with me...

 

[crzdcolombian]

So will market crash on Wednesday when they go 5-10 million more people ask for unemployment in the US?

 

[brehme1989]

More likely the market will care about Boeing's Q1 on Wednesday

 

[crzdcolombian]

More likely the market will care about Boeing's Q1 on Wednesday

msft wednesday
Apple Thursday

 

[Pimpin]

I was/is strongly against bitcoins. But whatever your mind makes up to not argue with me...

I apologise brother, I must've mixed you up witih someone else

 

[Adriano@10]

So will market crash on Wednesday when they go 5-10 million more people ask for unemployment in the US?

Imho one of the big 5 or Visa would have to massively disappointed for markets to crash. Markets have not cared about PMis and unemployment for some time now not sure why that should change this week. Might take till Q2 till investors realize how bad it is.
Then again markets might even shrug that off apple delaying it s iphone production was shrugged off as well....

On another note oil back to 10$....

Also todays earnings: Google and starbucks after close and pepsi pre market. Gonna be interesting to see google should also give us an idea of what s gonna happen at FB.
Starbucks is gonna be a good primer for everybody with stores in china....
And pepsi just to see how good non essential consumer goods are doing ATM.

Edit: Here comes GS with some more BS:https://www.bloomberg.com/news/arti...ok-through-economic-damage-goldman-sachs-says
Their argument stocks dont need to fall based on the economic reality are you kidding me?

And a beauty from teslas 8k so apparently after having to pay 60 mio for the bod members due to lawsuits involving the 420 tweet there either was no insurance willing to offer D&O liability coverage or tesla deemed the rates to high which is what they claim in their 8 k and now Musk personally provides that coverage to the BOD and him selfe.
WTF?

But i m sure tesla bulls find some reason why it s bullish that no insurer wanted to cover Teslas BoD....


Oh and of course pepsico withdrew its FY guidance...and so did 3 M
Lets buy more stonks

Also wirecard finally imploding after KPMG report, while they did not find a smoking gun they pretty much confirmed what the FT has been alleging for some time...
Lets see if markets are smart enough to take em down -25% atm.

Edit 2: Great example why i think everybody s blind buying fucken CACC said on april 20th it cant file it s10Q as well as its full year proxy, somehow their trading higher now than they did on april 20th with no news what so ever....

 

[Pimpin]

zoom is not even the biggest winner

 

[ADRossi]

I love days when the market is up. Makes me so happy on the inside

 

[crzdcolombian]

I love days when the market is up. Makes me so happy on the inside

Why? How old are you?

Unless you or your parents are going to retire soon. You want to the market to crash

a month ago everything was down 40%+ if you got in you just almost doubled your money. Buy low and sell high is the key rule in stock. trading

 

[ADRossi]

I mean, sure, I don't disagree with you. I don't try to time the market though. I make consistent purchases on a regular basis regardless of cost basis. So while the occasional week of buying low is nice, I prefer to enjoy significant increases to my net worth.

 

[Pimpin]

@Adriano

https://twitter.com/CNBCnow/status/1255474095573139460

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USA GDP declined 4.8% Q1

 

[brehme1989]

Gilead

 

[Pimpin]

I knew, i fucking hate commies, and my guys, remember,


USA ! USA ! USA !

 

[Adriano@10]

@Adriano

https://twitter.com/CNBCnow/status/1255474095573139460

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USA GDP declined 4.8% Q1

Yeah saw that first good news in a while..

Then again gdp down 4.8% and market rallies...

Q2 earnings are gonna fuck up a lot of people.


Also excited for tesla earnings gonna be a hell of a show, wonder what stories they ll dish up now

 

[Pimpin]

Microsoft and Facebook blew fucking expectations, teh divergence between tech and others will keep growing. Wow.

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but facebook is warning about decline in interest in ads..

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ok this is stupid now, 210?