Radio show 8/11- Yields and Energy

SOURCE: https://www.spreaker.com/user/10863617/ie-08-11-22

radio show 10/10- great continuation

SOURCE: https://www.spreaker.com/user/10863617/ie-08-10-22

THE REAL 8/9 RADIO SHOW LINK

SOURCE: https://www.spreaker.com/user/10863617/ie-08-09-22-1

RECORD AMOUNTS OF FROTH AND SPECULATION ALREADY

We are not making this up.
AMTD Digital (HKD) $7.75 IPO comes public on 7/15. Closes the day at $16.21. By 7/21, heads up to almost $23… 7/25 closes just below $44 after hitting $57…7/27 hits $79…closing just under $77. THAT IN ITSELF IS FROTH AND SPECULATION.
7/28 Closes at $180 after hitting $198.
7/29 Closes at $400 after hitting $485.
8/1 Closes at $742 but dropped to $278 with huge one day swing.
8/2 Closes at $1679 after hitting $2,555 (not a typo)
At $2,555, it hit had a market cap of $477 billion WITH JUST $24 MILLION OF SALES. That gave it a market cap just under Goldman, Citi, Wells and Morgan Stanley put together for this Hong Kong financial company. And as we always tell you, eventually, they all go back where they came from. It has now dropped in just days to $212 where it is still ridiculously priced. By the way, if you had an interest, they had to spread the stock as much as $500 at times while stopping trading numerous times.  WE ARE NOT DONE.
Another Hong Kong name Magic Empire Global (MEGL) just came public last Friday. A $4 deal with pretty much NO SALES closes the day at $97 after hitting a high of $235. On Monday it closed at $117 after hitting $249. Yesterday? It dropped $104.68 down to $12.32…a little drop of 89%.
There are others. One can also add shorted meme stocks waking up like a Bed Bath and Beyond (BBBY) that only lost $2.83/share on a 25% drop in sales. One can also add a bunch of “no sales” biotechs coming to the fore. All very weird but reality is reality.
HKD and MEGL make what we saw last year with froth and speculation into a piker of a move. We have no clue what makes this occur. We just know we have never seen the likes of it. The worry is simple. We do not recall a real bear market bottom that started off with any amount of froth and speculation let alone this one for the records. Nevertheless, it goes into the file manager knowing it is much more important to pay attention to the 1500-2000 stocks, 200 sectors, every commodity, every country that we scan each day do give us the real temperature of the markets. Just know less than thrilled to see this.

Radio show 8/9- Unreal froth and speculation

SOURCE: https://www.spreaker.com/user/10863617/ie-08-08-22_1

RADIO SHOW 8/8

SPORTS: https://www.spreaker.com/user/10863617/ie-08-08-22

Radio Show 8/5/22 Market Remains Strong

Source:

https://www.spreaker.com/user/10863617/ie-08-05-22

Radio Show 8/4 Market Pauses

Source: https://www.spreaker.com/user/biztalk/ie-08-04-22

Radio Show 8/3/22 Rally Continues On Wall Street

source: https://www.spreaker.com/user/10863617/ie-08-03-22

RADIO SHOW 8/2- WILD SWINGS

SOURCE: https://www.spreaker.com/user/10863617/ie-08-02-22