July 9, 2022 As we had suggested might happen in our Post back on June 6, 2022, Elon Musk officially “terminated” his offer to buy TWTR today. Not sure he did it with a letter to the Company, or via a Tweet. Of course, there are two parties to this contract, and it appears that…… Continue reading Elon wants “out” of TWTR deal.
Tag: Elon Musk
Have we Reached Bottom?
Usually, after a panic sell off like the selling we saw on both Friday and Monday, the market could have a substantial snap back rally to scare the short sellers. However, I still see that the usual jump in volatility that usually occurs with temporary bottoms, has not happened yet. Also, I am very concerned…… Continue reading Have we Reached Bottom?
Is Elon Musk Having “Buyer’s Remorse?”
It’s is looking more and more that Elon Musk is having “Buyer’s Remorse” about his impulsive bid to take TWTR private and remake the platform into his own media outlook. As we have suggested in the past, he is now looking for some legal arguments to try to cancel the deal without paying the $1…… Continue reading Is Elon Musk Having “Buyer’s Remorse?”
AAPL & TSLA Warning Signs?
Two of the stock market’s major leaders, Apple (AAPL) and Tesla (TSLA) are close to flashing major technical SELL signals, when their 50 day Moving Average crosses below the 200 day moving average. The so-called “death cross.” Of course, like all technical indicators, the “death cross” and it’s opposite technical indicator, the “golden cross” are…… Continue reading AAPL & TSLA Warning Signs?
China plans to throw 3 Trillion Dollars to Save Economy
As China’s economy implodes because of the debt buildup over the years, which cannot now be sustained, combined with the covid lockdowns in the major cities, can they solve the potential collapse by creating more debt? It is looking like China’s economy has been built on unsustainable debt levels. In addition, the Chinese authorities are…… Continue reading China plans to throw 3 Trillion Dollars to Save Economy
Canary in the Coal Mine?
Is Elon Musk’s proposed $44 Billion leveraged take over of Twitter at $54.20/share, a 38% premium over its market price last month, a warning sign of a market top? Why is the richest American using mostly borrowed money to take TWTR private? Why is a major American bank lending such large sums of money to…… Continue reading Canary in the Coal Mine?