> FDA approves Pfizer vaccine (a great company, diversified, and with a PE ratio < half the S&P 500 one)
***********************
Last week the US FDA approved the Pfizer vaccine, which will now be commercialized as Comirnaty. The price to earnings of Pfizer is 20, versus Moderna 50 and the S&P 500 average of 45. Pfizer is well diversified and was relatively cheap even before the latest coronavirus pandemic. What was missing was hype & large growth potential.
Lobsters do not age, and bats can repair their dna. The potential is here. This might be one of the companies with the greatest potential ever. RNA technology risks are unknown so we have to assume they are high (or it is gambling) and the reward is also high, very high. They have raised their prices and as anyone that understands high school level science, the coronavirus will continue to naturally select (recombine & mutate) plus antibodies do not last long, so demand will remain high, even if the virus adapts to its hosts (meaning doesn't kill anymore) clients on the other hand will take very long to adapt. One of Pfizer biggest problem, or the biggest, is they quickly lose their patents. The economic model is imperfect and no reason it will change, nothing PFE can do about it.
> Who could have predicted this? BOC stops printing money, Canada GDP "surprises" with a decline
***********************
Seven weeks after the central bank tapered down its asset purchase program the GDP numbers show a decline of 0.3%. For reminder the last numbers were +9.1% (after the "covid" -11.3% quarter), +2.2%, +1.4%. -0.3% seems like normal continuation of the trend. Western demographics are terrible and growth is over as some people have predicted. It's ok they can come up with excuses like "covid".
We can speculate the central bank might increase it's helicopter program. Who knows, they might have seen the negative numbers coming and perhaps they reduces the money printing to make it look like that's the reason for negative numbers "the economy was not ready bla bla bla". In reality the whole civilization is in a secular bear market that will last anywhere from 30 years to 150.
> End of era: UK spy calls Afghanistan events "end of of an era of western liberalism and democracy"
***********************
According to a jounalist a UK senior former UK intelligence officer said about Afghanistan: "This marks the end of an era of Western liberalism & democracy that started with the fall of the Berlin Wall. It is a defeat of Western ideology."
Spies are conspiracy theorists times 10. They know wht's going on. Other former spies have made similar comments about the fall of the west in the past, mostly russian and including Vladimir Putin, he is not retired but he is a former spy.
Big change, big uncertainty (for regular people) = big risk and big profits right?
> End of era: Biden announces 'end of era' for US interference abroad. American isolationism continues!
***********************
Biden words. Freudian slip? Huh you think governments and lawmakers are aware of their ideoloy being close to crumbling, just like communism in the USSR did, and the leaders knew about it at least 10 years before it happened.
The US president said the world may be quieter in the future. Russian foreign minister Lavrov said "Both of them (Biden & Macron), with a gap of just one or two days, announced that it was time to wrap up interference in the internal affairs of other countries with aims to impose Western-style democracy on them." and has called "the moment very interesting".
If the US leaves Iran alone, can we expect more competition among Oil producers? Maybe Iran steps in violently and begins a price war to show "hey we are here, we mean business".
> End of era: Nasdaq bubble indice inches from surpassing german DAX 30 for the first time in history
***********************
All the day traders are sweating, well actually they are not because most day traders are really bad. You can't be that good if you even choose this garbage tier activity. The Dax they love to day trade is not what it used to be. The DAX has been ranging in a tight range for a whole 5 months. This is around the average entire career duration of all these day traders. And it might not be getting looked at by banks etc as much as it used to. So what little self fulfilling prophecy trends it used to have might not come back.
But does it matter? 99.9% don't make money anyway, 0.1% underperform the market, and 99% will quit, so does it even matter? They can keep playing with their casino video game, and they probably won't notice if indeed it is over before many years. Who knows how many years. 10? 20? 30?
Maybe attention moves to the hysterical Nasdaq indice, of which value is so close to surpassing the DAX. The ratio has never been so high. It's ridiculous to think that California GDP is at 3 trillion so close to Germany's 3.8 trillion. And above UK & France declining 2.6-2.7 GDPs. California has tons of issues and thanks to US isolationism which is a fundamental trend, sitting above who people vote for, big tech will lose its worldwide monopoly.
> Holidays are over, price action might get violent next week, or even tomorrow with non farm payrolls
***********************
I haven't had any "quick" investments since February which itself followed a boring period with little happening. Nothing below 2 weeks. But in september money managers go back to the office these lazy normie bums. You should not be allowed to participate in an elitist competition if you want a pointless "normal" life. In my short experience September has some violent moves, fast and that go past targets. In french is it called "la rentrée", why don't english have a term? They're going to keep repeating whole sentences each time for when people go back to work in September? Just copy the french word, isn't that what they usually do? Or spanish, what is it they say for "el comienzo del año escolar"? "La reanudación" 🤢? Is this used? French is shorter, use that one.
As Deng XiaoGeorge SorosNewton said "a truck something something doesn't stop on it's own". Mutual fund managers, Hedge fund traders, all these type of people, they are not very good at investing, and why should they? Not their job. But they are good at attracting client's money, making "reunions", and following crippling regulations meant to protect brainless fund clients. It's mainly hedge funds, they are the ones focussed on the short term.
In these reunions subject such as "Our investment XYZ has appreciated we should take profit in our tax haven subsidy", "We need to hedge our risk by opening more Oil positions", "DUDE THE S&P IS GOING TO THE MOON BUY BUY BUY! SPIEL!"
Breakouts and reversals. For the handful of individual investors out there that don't day or "swing" (1-3 days) trade don't end up on the wrong side, don't be slow to react. I'm catching myself rubbing my hands every now and then. Will feel good to have some quick ones for a change (even if they're not that good), can't take the waiting anymore, and hopefully plenty of setups. And please oh please god of markets allow the S&P 500 to break and go vertical. 💰💰💰
***********************
Last week the US FDA approved the Pfizer vaccine, which will now be commercialized as Comirnaty. The price to earnings of Pfizer is 20, versus Moderna 50 and the S&P 500 average of 45. Pfizer is well diversified and was relatively cheap even before the latest coronavirus pandemic. What was missing was hype & large growth potential.
Lobsters do not age, and bats can repair their dna. The potential is here. This might be one of the companies with the greatest potential ever. RNA technology risks are unknown so we have to assume they are high (or it is gambling) and the reward is also high, very high. They have raised their prices and as anyone that understands high school level science, the coronavirus will continue to naturally select (recombine & mutate) plus antibodies do not last long, so demand will remain high, even if the virus adapts to its hosts (meaning doesn't kill anymore) clients on the other hand will take very long to adapt. One of Pfizer biggest problem, or the biggest, is they quickly lose their patents. The economic model is imperfect and no reason it will change, nothing PFE can do about it.
> Who could have predicted this? BOC stops printing money, Canada GDP "surprises" with a decline
***********************
Seven weeks after the central bank tapered down its asset purchase program the GDP numbers show a decline of 0.3%. For reminder the last numbers were +9.1% (after the "covid" -11.3% quarter), +2.2%, +1.4%. -0.3% seems like normal continuation of the trend. Western demographics are terrible and growth is over as some people have predicted. It's ok they can come up with excuses like "covid".
We can speculate the central bank might increase it's helicopter program. Who knows, they might have seen the negative numbers coming and perhaps they reduces the money printing to make it look like that's the reason for negative numbers "the economy was not ready bla bla bla". In reality the whole civilization is in a secular bear market that will last anywhere from 30 years to 150.
> End of era: UK spy calls Afghanistan events "end of of an era of western liberalism and democracy"
***********************
According to a jounalist a UK senior former UK intelligence officer said about Afghanistan: "This marks the end of an era of Western liberalism & democracy that started with the fall of the Berlin Wall. It is a defeat of Western ideology."
Spies are conspiracy theorists times 10. They know wht's going on. Other former spies have made similar comments about the fall of the west in the past, mostly russian and including Vladimir Putin, he is not retired but he is a former spy.
Big change, big uncertainty (for regular people) = big risk and big profits right?
> End of era: Biden announces 'end of era' for US interference abroad. American isolationism continues!
***********************
Biden words. Freudian slip? Huh you think governments and lawmakers are aware of their ideoloy being close to crumbling, just like communism in the USSR did, and the leaders knew about it at least 10 years before it happened.
The US president said the world may be quieter in the future. Russian foreign minister Lavrov said "Both of them (Biden & Macron), with a gap of just one or two days, announced that it was time to wrap up interference in the internal affairs of other countries with aims to impose Western-style democracy on them." and has called "the moment very interesting".
If the US leaves Iran alone, can we expect more competition among Oil producers? Maybe Iran steps in violently and begins a price war to show "hey we are here, we mean business".
> End of era: Nasdaq bubble indice inches from surpassing german DAX 30 for the first time in history
***********************
All the day traders are sweating, well actually they are not because most day traders are really bad. You can't be that good if you even choose this garbage tier activity. The Dax they love to day trade is not what it used to be. The DAX has been ranging in a tight range for a whole 5 months. This is around the average entire career duration of all these day traders. And it might not be getting looked at by banks etc as much as it used to. So what little self fulfilling prophecy trends it used to have might not come back.
But does it matter? 99.9% don't make money anyway, 0.1% underperform the market, and 99% will quit, so does it even matter? They can keep playing with their casino video game, and they probably won't notice if indeed it is over before many years. Who knows how many years. 10? 20? 30?
Maybe attention moves to the hysterical Nasdaq indice, of which value is so close to surpassing the DAX. The ratio has never been so high. It's ridiculous to think that California GDP is at 3 trillion so close to Germany's 3.8 trillion. And above UK & France declining 2.6-2.7 GDPs. California has tons of issues and thanks to US isolationism which is a fundamental trend, sitting above who people vote for, big tech will lose its worldwide monopoly.
> Holidays are over, price action might get violent next week, or even tomorrow with non farm payrolls
***********************
I haven't had any "quick" investments since February which itself followed a boring period with little happening. Nothing below 2 weeks. But in september money managers go back to the office these lazy normie bums. You should not be allowed to participate in an elitist competition if you want a pointless "normal" life. In my short experience September has some violent moves, fast and that go past targets. In french is it called "la rentrée", why don't english have a term? They're going to keep repeating whole sentences each time for when people go back to work in September? Just copy the french word, isn't that what they usually do? Or spanish, what is it they say for "el comienzo del año escolar"? "La reanudación" 🤢? Is this used? French is shorter, use that one.
As Deng XiaoGeorge SorosNewton said "a truck something something doesn't stop on it's own". Mutual fund managers, Hedge fund traders, all these type of people, they are not very good at investing, and why should they? Not their job. But they are good at attracting client's money, making "reunions", and following crippling regulations meant to protect brainless fund clients. It's mainly hedge funds, they are the ones focussed on the short term.
In these reunions subject such as "Our investment XYZ has appreciated we should take profit in our tax haven subsidy", "We need to hedge our risk by opening more Oil positions", "DUDE THE S&P IS GOING TO THE MOON BUY BUY BUY! SPIEL!"
Breakouts and reversals. For the handful of individual investors out there that don't day or "swing" (1-3 days) trade don't end up on the wrong side, don't be slow to react. I'm catching myself rubbing my hands every now and then. Will feel good to have some quick ones for a change (even if they're not that good), can't take the waiting anymore, and hopefully plenty of setups. And please oh please god of markets allow the S&P 500 to break and go vertical. 💰💰💰
500 days of S&P 500 ^^
Up by almost 2000 points 🍾
Going to open a bottle of Champomy (no alcohol champagne) to the bears when stores open, so cheers 🥂