A recap of the big week ahead for Sarepta and Fed speakers
As earnings season is all but over investors focus will shift to what the Fed will do in June. This week we will see a number of Fed Presidents, including Janet Yellen, take the mic. Even though it will be just talk the markets do like to make short term moves on what they say… Also for a company that Chris has been following closely for a number of years, Sarepta Therapeutics, there will be a decision made on Thursday by the FDA. Chris has a full report available for free by clicking the link below.
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Click here to read the full report from Chris on Sarepta Therapeutics.
Bob, it will be even worse if Brexit fails. St. Paul’s, WInchester and Caterbury and York cathedrals will be turned into mosques in a few decades. Get out and don’t look back!
Adios E.U.
Bonzo…You could very well be right, by what I am witnessing going on hear in the UK.. Christian churches are closing their doors , it seems every time one looks around another mosque is been opened, in some parts of London they are talking about introducing Sharia Law, there are over 200 unofficial & unregulated schools in operation the majority of them Muslim & some Jewish.
The country is going down the pan & our Govt. doesn’t seem to care .
I just pray that the people vote for Brexit before we are obliged to take in a million visa carrying Turks…..
What…no locusts?
They’re holding the locusts in reserve.
It is actually ludicrous. The full might of the BBC is being used to pump one scare story after another. The BBC’s claim of being an impartial broadcaster being long gone out of the window.
They ran a story over the weekend that there will be, wait for this, more heart attack and cancer deaths if we vote to leave the EU. How does that work?
At the same time we are being pumped with stories about Turkey and supposedly – what a joke – how European Turkey is and how much Turkey is needed in the EU. Of course, no Turks are going to want to come to the UK despite a poll in Turkey last week showing that, if Turkey gets EU membership, millions of them intend heading to the UK.
I think, within a generation, the British will no longer be dominant in their own country – 1,000 years of history gone in a blink of an eye.
Well if London is the prime example there are hardly any Brits remaining as it is.
Yep, les than 50% now. Crazy. It is a deliberate policy IMPO.
So even if you were born in London that does not mean you can afford to live there anymore.
Doe anyone think there is any credence in the below 5 minute video:
Third Death Cross of the Century Pointing to Stock Market Carnage
https://www.youtube.com/watch?v=k-5Ct1jM8Ds&feature=youtu.be
I would not neglect this signal. I posted this weekend that some “insurance”would be in order.For instance some out of the money puts. I call it catastrophic portfolio insurance.
Say nothing happens and your puts expire worthless,no problem ,trading losses can be used to off set trading gains according to the IRS. You can even carry them over.I don’t know for how long but your tax guy would have an answer.I call it a no brainer.
This is an interesting video. It is a meeting of the German AfD party that some claim to be far right Nazis. They say they are standing up against the islamification of Germany.
Their meeting attracted loads of German students outside the hall campaigning against them so they invited some of the students in to ask some questions.
It is in German but with sub-titles. It is well worth watching IMPO as it shows you the naviety, again IMPO, of German youngsters in the face of what is going on in Europe at the moment thanks to Merkel.
Sky News just did an interesting report on the build-up in the South China Sea – in some places the Chinese and non-Chinese forces are just a few miles apart. It is almost akin to the South and North Koreans looking at one another.
This is going to spark off eventually. Oil and gold folks.
Big News in the Silver Sector today!
I was thinking Hecla would acquire Dolly Varden next, but maybe now that Mines Management took away the market risk it was too good of a deal for them to pass up.
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HECLA TO ACQUIRE MINES MANAGEMENT
May 24, 2016
Mines Management, Inc. (MGN)
0.88 Up 0.25(39.03%) 10:22AM EDT
http://www.minesmanagement.com/news-releases/mmi_pr_1607.html
Fed’s Williams: ‘The economy could withstand a rate hike’
John Williams, president of the Federal Reserve Bank of San Francisco, said Monday that the Fed is seriously weighing a June rate hike.
Justine Underhill Yahoo Finance By Justine Underhill – 1 hour ago
http://finance.yahoo.com/news/john-williams-fed-rate-hike-june-200023371.html
In a related article…..
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“Markets have been under pressure since last Wednesday when minutes from the Fed’s April meeting shattered the perception that the central bank wouldn’t be ready to raise rates until later this year. Few expected another rate hike as early as the summer.
Talk of a June rate hike continued on Tuesday, though. Philadelphia Fed President Patrick Harker joined the chorus, arguing that the central bank could raise rate two or three times this year.
“Although I cannot give you a definitive path for how policy will evolve, I can easily see the possibility of two or three rate hikes over the remainder of the year,” Harker told an audience in Philadelphia on Monday. “If the data comes in and it’s not that consistent with my view of the strength in the economy, then I would pause, but otherwise, I think a June rate increase is appropriate.”
A rate hike in June now has a roughly 30% probability, according to CME Group, after starting the month with odds of less than 10%. The Federal Open Market Committee’s next meeting is June 14-15.”
https://www.thestreet.com/story/13582882/1/stocks-bounce-back-after-days-of-rate-hike-chatter.html
We are being swamped with one scare story after another as to what will happen to the UK if the UK leaves the EU. They are coming in at one or two a day now.
House prices will fall. There will be a recession. Hundreds of thousands will lose their jobs.
We won’t be allowed to go on holiday to Europe ever again.
There will be no more French cheese and wine. All the puppies in the UK will be shot and the first born of every adult will be enslaved by Zog the Mighty from the planet Ridiculous in the galaxy of Ludicrous.
They said the same thing to the Norweigans when they were trying to get Norway to vote to join the EU. Alas, I suspect Norweigans are better informed than the average British voter these days.