The Crypto Carnage

by Chris The long wedge has been broken to the downside…. Solidly. The reports of the past few weeks of people not able to get their fiat out of bitfinex for many days and weeks with radio silence from the …

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Last month’s carnage was a wake up call that a global slowdown is coming, 63% of ALL #SP500 $SPX companies which reported earnings have provided negative guidance

last month's carnage was a wake up call that a global slowdown is coming pic.twitter.com/85OvSOC8TO — Alastair (@StockBoardAsset) November 3, 2018 https://twitter.com/OccupyWisdom/status/1058494439616905217 https://twitter.com/epomboy/status/1058523113204396035 ChOTD-11/2/18 Dow: Large Monthly Drops From Highs – Last 100 Years $DJIA $DIA pic.twitter.com/EPafyLIjOF — Dana Lyons …

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Carnage: Tesla’s Bond Plunge

via Ploutos Summary Tesla’s bonds fell to new lows last week after a rating downgrade and disappointing headlines. The bonds have widened by over 200 bps since issuance, pricing the bonds in the high $80s. The company’s high equity valuation and deeply speculative …

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Crypto Carnage Continues

by Chris Sad to say for the crypto holders, but the carnage continues as I am writing this on Thursday evening at around 9:00 p.m. Eastern Time on 3/29/18. Bitcoin is below $7k while Ethereum is below $400 Of course, …

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Crypto Carnage Continues

by Chris Your ever faithful “bottom nailer” is back here with an update. That is some really serious damage, again, especially for the late entrants to the game.  I imagine there are a lot of seriously unhappy speculators out there …

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