GregTheAnalyst

IBM now down 26%, biggest drop on record SAASpocalypse is back

BofA - Long global semiconductors is the most crowded trade ever in the history of fund managers survey at 82%

MANAGER MAGAZIN: UP TO 100,000 OF VOLKSWAGEN GROUP'S CURRENT WORKFORCE SET TO BE CUT WORLDWIDE OVER NEXT FEW YEARS

Not only we had OIL (W)MA200 retest from the bottom (in reality a lot of the happening), but $ORCL plays this game too. "THE BIGGEST CRASHES HAPPEN WHEN MARKET BREAKS (W)MA200 & (M)MA50 (second way more important), RETEST IT FROM THE BOTTOM AND FAIL"

Nike is down over 72% in the last 5 years. That's $169 billion of shareholder value destroyed. The downfall of Nike must be studied.

VOLKSWAGEN HAS 20% COST DISADVANTAGE AGAINST COMPARABLE COMPANIES, THEORETICALLY COULD IMPACT 50,000 JOBS - INTERNAL MEMO FROM CEO BLUME

And look on OIL. Again : it's not about SoH and deficits, it's all about IMO economic collapse. Market gets it wrong that oil comes down because of a "ceasefire" $USO is now more reliable indicator than all those futures. So USO hits (M)MA200 just like ... SPX/GOLD hits (M)MA200 & (3M)MA200, same as DAX/GOLD retested 1980-2011 trend & DJI/GOLD, same as DJI/SILVER retested 1930 resistance and the moment US02Y rejected (M)MA50 ... I can give you way more examples. It's not a random move. If 4Q18 will become a resistance (that's DJI/GOLD cyclical peak), you know it's just the beginning. For the global economy it would be MUCH better if oil will go towards 150$ - why? Because that means economy can handle it, rejecting 120$ level you know economy can't handle it and probably the damage has been put somewhere in the structure we have no idea exactly where. While there was a risk of 150$ spike, my theory said it's less possible than max 120$ due to all those technical retests.

Inflation expectations are crashing

SK Hynix closed down 17% for its worst day record. Yikes.