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DHUnplugged #624: Breaking Things
Podcast |
DH Unplugged
Publisher |
Dvorak/Horowitz
Media Type |
audio
Categories Via RSS |
Business
Business News
Careers
Investing
News
Publication Date |
Sep 28, 2022
Episode Duration |
01:03:33
- Egotistical Narcissists as as the the Stupidity Police are not doing their job. Chinese living in ROTTING properties Some amazing technicals - historic in fact. WOW! The lowdown on Pumpkin Spice latte.. Big Business! PLUS we are now on Spotify and Amazon Music/Podcasts! Click HERE for Show Notes and Links DHUnplugged is now streaming live - with listener chat. Click on link on the right sidebar. Love the Show? Then how about a Donation? Follow John C. Dvorak on Twitter Follow Andrew Horowitz on Twitter Warm Up - Egotistical Narcissists - The Stupidity Police are not doing their job - Chinese living in ROTTING properties - We have another FRAMEWORK - Sending Kamala to the DMZ line Market Update - B A D - Things are starting to break - Confidence lost as things are breaking (Currencies) ---- Fed needs to chill - and I have a few tings to say.. - China opening up Macau (Casino stocks fly) - Technical indicators!!!!!!!!!!!!!!!!!!!!!! NEXT WEEK - YOM KIPPUR - NO SHOW Rate Update - High grade money markets >2.4% - 2 year muni bond >2.5%   3.5% - 12 month treasury >4.3% - 10-year taps 4% today - 1 year CD > 3.5% JCD - FYI - DJIA @ 30,706      29,500    29,134!!!! Tropical Storm/Hurricane - Storm looks nasty - in the middle of some of the bans right now Technical as of Monday Morning (Charts) - Some very severe oversold conditions - KRI (-7) - only seen one time in recent history and that was 12/24/2019 when market bottomed - RSI all over sold - McClellan - LOW (-400) - Spearman LOW (-98) - 11 New 52 week highs -(most inverse ETFs) - VIX >30 - 447  SP500 below 200 DMA Boneheads - Huge tax cuts in the UK apparently decided on overnight and the approval of massive debt issuance. - Do we miss Boris Johnson Yet? - More things breaking The Cable More on Brit Pound - That currency move is NOT normal and should give a cold-water-slap-upside-the-head-punch-in-the-mouth wake-up call to Team Powell. - The moves that they are making and the hard line they are shaking is a bit over the top. - Unfortunately they have a much bigger regard for themselves than then should. - In fact, it appears that Team Powell is made up a gaggle of egocentric narcissists that need to come down off their collective perch's and take a look at what is really going on and why we are seeing historic moves in some financial markets. Sending Kamala - Vice President Kamala Harris will visit the Demilitarized Zone (DMZ) separating the Koreas on Thursday in a bid to show Washington's commitment to the South's security - The DMZ visit will underscore the strength of the alliance between Seoul and Washington "in the face of any threats posed" by North Korea - Does not seem like a show of strength FEELINGS ON THE FED (Not due to markets, due to policy) - A bunch of  two-toned, zebra headed, slime-coated, pimple-farming, paramecium brain, munching-on-their-own-mucus, all suffering from PETER PAN? ENVY!!!  AND -  lewd, crude, rude, bag of pre-chewed food, dudes! Lying, crying, spying, prying ultra-pigs!   (From the movie Pan - Robin William) China - Rotting - A movement of home buyers around China who have moved into what they call "rotting" apartments, either to pressure developers and authorities to complete them or out of financial necessity. - Shanghai E-House Real Estate Research Institute estimated in July that stalled projects accounted for 3.85% of China's housing market in the first half of 2022, equivalent to an area of 231 million square metres. Can't Even - Pumpkin spice latte (PSL) -  PSL industry was worth >$500 million - - Starbucks has sold more than 600 million since inception PSA - Don't cook your chicken in NyQuil - FDA now warning about this new TikTok challenge - Possible that brands are behind this insanity? - A number of videos challenged people to cook chicken in NyQuil, which contains acetaminophen,

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