{"id":55515,"date":"2022-11-16T04:21:00","date_gmt":"2022-11-16T09:21:00","guid":{"rendered":"https:\/\/thedisciplinedinvestor.com\/blog\/2022\/11\/16\/dhunplugged-629-asexual-finance\/"},"modified":"2022-11-16T04:21:00","modified_gmt":"2022-11-16T09:21:00","slug":"dhunplugged-629-asexual-finance","status":"publish","type":"post","link":"https:\/\/thedisciplinedinvestor.com\/blog\/2022\/11\/16\/dhunplugged-629-asexual-finance\/","title":{"rendered":"DHUnplugged #629: Asexual Finance"},"content":{"rendered":"

What is happening in the “de-fi” world. Looks more like a scene from Caligula than a trading exchange.<\/p>\n

We are allowing children to play with matches – who is really the stupid one?<\/p>\n

Everyone is “F” ing everyone.<\/p>\n

Bombs flying – rumors and reality.<\/p>\n

PLUS we are now on Spotify<\/a> and Amazon Music\/Podcasts<\/a><\/strong>!<\/p>\n

\n

<\/span><\/p>\n

\n
<\/span>Click HERE for Show Notes and Links<\/div>\n
\n

DHUnplugged is now streaming live – with listener chat. Click on link on the right sidebar.<\/strong><\/span><\/p>\n

\n

Love the Show? <\/b>Then how about a Donation?<\/h4>\n
\n

\n
\n
\n\"\"<\/form>\n<\/div>\n
\n

Follow John C. Dvorak on Twitter<\/strong><\/a><\/p>\n

Follow Andrew Horowitz on Twitter<\/strong><\/a><\/p>\n

Warm Up<\/strong>
\n– Hey – What happened to the Red Wave?
\n—- Everything is gamed…
\n– Crypto meltdown – just one week and then…
\n– We are not talking about Musk or Twitter – Sick of the topics
\n– New Tax In Mass
\n– Greed – The Favorite Sport of Americans (and the world)
\n<\/span><\/span><\/p>\n

Market Update<\/strong>
\n– HUGE YUGE Rally – One Two Punch – Inflatio0n and gridlock hopes
\n—- More Rally on light PPI and Manufacturing prices
\n– – Short Squeeze too – offsided flip-flop
\n– Yields drop, USD drops – Market FLY
\n– China supposedly easing up on COVID restrictions again and ….. helping real estate market
\n– Biden’s College Loan Forgiveness Program shot down
\n– DXY down 3.5% last 5 days. 10-Year under 4%<\/p>\n

You know what is going on?<\/strong>
\n– Asexual Finance
\n– – Everyone is just creating things out of nothing – screwing each other and themselves
\n– – One big “F” Job that yields nothing
\n– – Lesson learned with FTX – don’t kids matches unless you want them to start a fire.
\n—- OH and massive amount of losses
\n— It is the NON-Boomers that are screwing this all up<\/p>\n

BOMBS – Wartime News<\/strong>
\n– Seems that market freaked out at 2PM Tuesday
\n– Reports that 2 missiles veered off course and hit town in Poland
\n– Then there was reports that Ukraine shot down and pieces hit areas in Poland
\n– Then reports that all unconfirmed – markets rally back<\/p>\n

Massachusetts Tax<\/strong>
\n– The new law creates a 4% tax on annual income above $1 million, on top of the state’s current 5% flat income tax, aiming to fund public education, roads, bridges and public transportation.
\n– How many will be leaving?
\n– Where will they be going to?<\/p>\n

Gridlock?<\/strong>
\n– What happened to the Red Wave?
\n– House will ensure more gridlock than we have now – even though Dems have majority in Senate
\n– What does the Biden scramble look like now through inauguration of new leaders?<\/p>\n

FTX meltdown<\/strong>
\n– Whatever we know – I don’t think we know anything
\n– Days to take down 2nd largest Crypto exchange (without any conspiracy additives)
\n– Bitcoin\/Ether down 20% last week – crypto markets in disarray
\n– It is NOT the coin – it is the little greedy bitches that have been allowed to play in this environment with no regulation
\n– All of a sudden there is odd money movements\/withdrawals. What about the transparency????
\n– Now potentially $$ missing ($1billion)
\n– Mysterious outflows and:
\n— High-net-worth users are paying astronomical prices for NFTs on FTX at a time when the broader crypto and digital collectible market has nosedived. In one case, a collectible that traded near $9 three weeks ago sold for $10 million on Friday. Another NFT that was similarly priced a month ago, sold for $888,888.88 this week. (Somehow a way to move $$$ from FTX?)<\/p>\n

Retailers Reporting this week<\/strong>
\n– Tuesday:<\/strong> Home Depot and Walmart (before the bell)
\n– Wednesday:<\/strong> Lowe’s and Target (before the bell)
\n– Thursday:<\/strong> Macy’s and Kohl’s (before the bell); Gap (after the bell)<\/p>\n

Oil – OPEC Cuts Growth Forecast<\/strong>
\n– Trims demand growth in 2022, 2023 by 100,000 bpd
\n– Says global supply was in surplus in second, third quarters
\n– OPEC Oct. output fell by 210,000 bpd, exceeding pledged cut
\n– Saudi Arabia reports smaller drop in its October output
\n– Oil demand in 2022 will increase by 2.55 million barrels per day (bpd), or 2.6%, the Organization of the Petroleum Exporting Countries (OPEC) said in a monthly report, down 100,000 bpd from the previous forecast.
\n– CUTS IN PRODUCTION COMING<\/p>\n

China – Softening??<\/strong>
\n– China’s financial regulator will allow property developers to access some pre-sale housing funds
\n– Commercial banks are allowed to issue letters of guarantee to real estate firms for escrow pre-sale housing funds
\n– The funds obtained by real estate companies from escrow funds accounts shall be prioritised to construct projects and repay debts
\n– Real estate companies are banned from using the funds for land acquisition, new investment or repayment loans by shareholders.
\n– SOOOOO- If funds used to start\/continue building and\u00a0 the deal goes sour – what happens to escrow funds?
\n– Whatever – CHINA stocks – especially Tech on FIRE last few days\/week. FXI (Hong Kong ramping – up 28% this month)<\/p>\n

China Real Estate<\/strong>
\n– Beijing has rolled out more measures to support its flagging real estate sector, including extending repayment periods, facilitating financing for developers and lowering mortgage down-payments.
\n–\u00a0 This helps to stave off reality of crossing red-line in China. Liquidity stress relieved a bit.<\/p>\n

\u00a0Fed Parade
\n<\/strong>– It may be “soon” appropriate to slow pace of rate hikes
\n– Odd for Dec 13 meeting are for a 80\/20 0.50%\/0.75%
\n– Markets want to believe<\/p>\n

Layoff Parade<\/strong>
\n– Remember the $1,000 per employee thing?\u00a0\u00a0 – Penguins
\n– Layoffs showing that companies have fiscal restraint and doing the right thing
\n—- Stocks go up
\n— More companies see this as acceptable
\n— Amazon – laying of 10,000 (on top of all of the other layoffs we heard last few weeks)<\/p>\n

UPDATE<\/strong>
\n– Elizabeth Holmes is looking like a 15 year sentence
\n– Co-Ed with FTX gang?<\/p>\n

In More News of Greed<\/strong>
\n– Rail unions did not ratify labor agreement
\n– On that news, markets dribble down to lows of the day at closing on\u00a0 Monday<\/span><\/p>\n

Walmart – Home Deopt<\/strong>
\n-Walmart saw a decent turnaround.
\n– Still has inventory problems – but revenues up, margins better, $20 billion buyback
\n– Home Depot – better Sales\/revenues
\n– Seems less tickets and keeping guidance for year the same (therefore not\u00a0 such a good outlook)<\/p>\n

DUH<\/strong>
\n– The U.S. Securities and Exchange Commission said on Monday it has charged S&P Global Ratings with conflict of interest violations.
\n– The watchdog said in a statement that S&P Global Ratings had violated conflict of interest rules designed to prevent sales and marketing considerations from influencing credit ratings.<\/p>\n

POT NEWS<\/strong>
\n– Boxing legends and former rivals Mike Tyson and Evander Holyfield are teaming up to launch a line of cannabis-infused edibles called “Holy Ears.”
\n– Tyson 2.0 already sells cannabis-infused products called Mike Bites, which are shaped like ears with a bite mark.
\n– “From Mike Bites to Holy Ears, now cannabis fans around the world can experience the same wellness benefits that plant-based products have brought me,” Tyson said in a statement, adding that it is a “privilege to reunite” with his former opponent.<\/p>\n<\/p>\n

Earnings Slowing<\/span><\/a><\/span><\/span><\/p>\n<\/p>\n<\/p>\n

\n

420 Stocks …
\n<\/strong><\/p>\n

CLICK for list of “Pot Stocks”<\/a><\/h3>\n

Stocks to watch: CGC, STZ, TLRY, CRON, MJ, NBEV<\/p>\n<\/p>\n

\n

Love the Show? <\/b>Then how about a Donation?<\/h4>\n
\n
\n
\n
\n\"\"<\/form>\n<\/div>\n
\n

\"dh_CTP\"<\/strong>
\nAnnouncing The CTP for
\nSP500 ETF (SPY)<\/strong><\/a><\/h3>\n

*** End of Year Warm Up – Last one for 2022 ****<\/p>\n

Winners will be getting great stuff like the new DHUnplugged Shirts (Designed by Jimbo) –
\nPLUS a one-of-a-kind DHUnplugged CTP Winner’s certificate..
\n<\/strong><\/h5>\n

CLICK HERE FOR MORE CHARTS ON TRADING VIEW<\/strong><\/a><\/p>\n

\n

CRYPTO LIMERICKS<\/strong><\/p>\n<\/p>\n

JCD Score ()<\/p>\n

FED LIMERICKS<\/strong><\/p>\n<\/p>\n

JCD Score ()<\/p>\n<\/div>\n<\/div>\n

\n

See this week\u2019s stock picks HERE<\/strong><\/a><\/p>\n

\n

Follow John C. Dvorak on Twitter<\/strong><\/a><\/p>\n

Follow Andrew Horowitz on Twitter<\/strong><\/a><\/p>\n

\n","protected":false},"excerpt":{"rendered":"

What is happening in the “de-fi” world. Looks more like a scene from Caligula than a trading exchange.<\/p>\n

We are allowing children to play with matches – who is really the stupid one?<\/p>\n

Everyone is “F” ing everyone.<\/p>\n

Bombs flying – rumors and reality.<\/p>\n

PLUS we are now on Spotify<\/a> and Amazon Music\/Podcasts<\/a><\/strong>!<\/p>\n

\n

Click HERE for Show Notes and Links<\/p>\n

DHUnplugged is now streaming live – with listener chat. Click on link on the right sidebar.<\/strong><\/p>\n

\n

Love the Show? <\/b>Then how about a Donation?<\/h4>\n

<\/p>\n

\n

Follow John C. Dvorak on Twitter<\/strong><\/a><\/p>\n

Follow Andrew Horowitz on Twitter<\/strong><\/a><\/p>\n

Warm Up<\/strong>
\n– Hey – What happened to the Red Wave?
\n—- Everything is gamed…
\n– Crypto meltdown – just one week and then…
\n– We are not talking about Musk or Twitter – Sick of the topics
\n– New Tax In Mass
\n– Greed – The Favorite Sport of Americans (and the world)\n<\/p>\n

Market Update<\/strong>
\n– HUGE YUGE Rally – One Two Punch – Inflatio0n and gridlock hopes
\n—- More Rally on light PPI and Manufacturing prices
\n– – Short Squeeze too – offsided flip-flop
\n– Yields drop, USD drops – Market FLY
\n– China supposedly easing up on COVID restrictions again and ….. helping real estate market
\n– Biden’s College Loan Forgiveness Program shot down
\n– DXY down 3.5% last 5 days. 10-Year under 4%<\/p>\n

You know what is going on?<\/strong>
\n– Asexual Finance
\n– – Everyone is just creating things out of nothing – screwing each other and themselves
\n– – One big “F” Job that yields nothing
\n– – Lesson learned with FTX – don’t kids matches unless you want them to start a fire.
\n—- OH and massive amount of losses
\n— It is the NON-Boomers that are screwing this all up<\/p>\n

BOMBS – Wartime News<\/strong>
\n– Seems that market freaked out at 2PM Tuesday
\n– Reports that 2 missiles veered off course and hit town in Poland
\n– Then there was reports that Ukraine shot down and pieces hit areas in Poland
\n– Then reports that all unconfirmed – markets rally back<\/p>\n

Massachusetts Tax<\/strong>
\n– The new law creates a 4% tax on annual income above $1 million, on top of the state’s current 5% flat income tax, aiming to fund public education, roads, bridges and public transportation.
\n– How many will be leaving?
\n– Where will they be going to?<\/p>\n

Gridlock?<\/strong>
\n– What happened to the Red Wave?
\n– House will ensure more gridlock than we have now – even though Dems have majority in Senate
\n– What does the Biden scramble look like now through inauguration of new leaders?<\/p>\n

FTX meltdown<\/strong>
\n– Whatever we know – I don’t think we know anything
\n– Days to take down 2nd largest Crypto exchange (without any conspiracy additives)
\n– Bitcoin\/Ether down 20% last week – crypto markets in disarray
\n– It is NOT the coin – it is the little greedy bitches that have been allowed to play in this environment with no regulation
\n– All of a sudden there is odd money movements\/withdrawals. What about the transparency????
\n– Now potentially $$ missing ($1billion)
\n– Mysterious outflows and:
\n— High-net-worth users are paying astronomical prices for NFTs on FTX at a time when the broader crypto and digital collectible market has nosedived. In one case, a collectible that traded near $9 three weeks ago sold for $10 million on Friday. Another NFT that was similarly priced a month ago, sold for $888,888.88 this week. (Somehow a way to move $$$ from FTX?)<\/p>\n

Retailers Reporting this week<\/strong>
\n– Tuesday:<\/strong> Home Depot and Walmart (before the bell)
\n– Wednesday:<\/strong> Lowe’s and Target (before the bell)
\n– Thursday:<\/strong> Macy’s and Kohl’s (before the bell); Gap (after the bell)<\/p>\n

Oil – OPEC Cuts Growth Forecast<\/strong>
\n– Trims demand growth in 2022, 2023 by 100,000 bpd
\n– Says global supply was in surplus in second, third quarters
\n– OPEC Oct. output fell by 210,000 bpd, exceeding pledged cut
\n– Saudi Arabia reports smaller drop in its October output
\n– Oil demand in 2022 will increase by 2.55 million barrels per day (bpd), or 2.6%, the Organization of the Petroleum Exporting Countries (OPEC) said in a monthly report, down 100,000 bpd from the previous forecast.
\n– CUTS IN PRODUCTION COMING<\/p>\n

China – Softening??<\/strong>
\n– China’s financial regulator will allow property developers to access some pre-sale housing funds
\n– Commercial banks are allowed to issue letters of guarantee to real estate firms for escrow pre-sale housing funds
\n– The funds obtained by real estate companies from escrow funds accounts shall be prioritised to construct projects and repay debts
\n– Real estate companies are banned from using the funds for land acquisition, new investment or repayment loans by shareholders.
\n– SOOOOO- If funds used to start\/continue building and\u00a0 the deal goes sour – what happens to escrow funds?
\n– Whatever – CHINA stocks – especially Tech on FIRE last few days\/week. FXI (Hong Kong ramping – up 28% this month)<\/p>\n

China Real Estate<\/strong>
\n– Beijing has rolled out more measures to support its flagging real estate sector, including extending repayment periods, facilitating financing for developers and lowering mortgage down-payments.
\n–\u00a0 This helps to stave off reality of crossing red-line in China. Liquidity stress relieved a bit.<\/p>\n

\u00a0Fed Parade
\n<\/strong>– It may be “soon” appropriate to slow pace of rate hikes
\n– Odd for Dec 13 meeting are for a 80\/20 0.50%\/0.75%
\n– Markets want to believe<\/p>\n

Layoff Parade<\/strong>
\n– Remember the $1,000 per employee thing?\u00a0\u00a0 – Penguins
\n– Layoffs showing that companies have fiscal restraint and doing the right thing
\n—- Stocks go up
\n— More companies see this as acceptable
\n— Amazon – laying of 10,000 (on top of all of the other layoffs we heard last few weeks)<\/p>\n

UPDATE<\/strong>
\n– Elizabeth Holmes is looking like a 15 year sentence
\n– Co-Ed with FTX gang?<\/p>\n

In More News of Greed<\/strong>
\n– Rail unions did not ratify labor agreement
\n– On that news, markets dribble down to lows of the day at closing on\u00a0 Monday<\/p>\n

Walmart – Home Deopt<\/strong>
\n-Walmart saw a decent turnaround.
\n– Still has inventory problems – but revenues up, margins better, $20 billion buyback
\n– Home Depot – better Sales\/revenues
\n– Seems less tickets and keeping guidance for year the same (therefore not\u00a0 such a good outlook)<\/p>\n

DUH<\/strong>
\n– The U.S. Securities and Exchange Commission said on Monday it has charged S&P Global Ratings with conflict of interest violations.
\n– The watchdog said in a statement that S&P Global Ratings had violated conflict of interest rules designed to prevent sales and marketing considerations from influencing credit ratings.<\/p>\n

POT NEWS<\/strong>
\n– Boxing legends and former rivals Mike Tyson and Evander Holyfield are teaming up to launch a line of cannabis-infused edibles called “Holy Ears.”
\n– Tyson 2.0 already sells cannabis-infused products called Mike Bites, which are shaped like ears with a bite mark.
\n– “From Mike Bites to Holy Ears, now cannabis fans around the world can experience the same wellness benefits that plant-based products have brought me,” Tyson said in a statement, adding that it is a “privilege to reunite” with his former opponent.<\/p>\n<\/p>\n

Earnings Slowing<\/a><\/p>\n<\/p>\n<\/p>\n

\n

420 Stocks …
\n<\/strong><\/p>\n

CLICK for list of “Pot Stocks”<\/a><\/h3>\n

Stocks to watch: CGC, STZ, TLRY, CRON, MJ, NBEV<\/p>\n<\/p>\n

\n

Love the Show? <\/b>Then how about a Donation?<\/h4>\n

<\/p>\n

\n

<\/strong>
\nAnnouncing The CTP for
\nSP500 ETF (SPY)<\/strong><\/a><\/h3>\n

*** End of Year Warm Up – Last one for 2022 ****<\/p>\n

Winners will be getting great stuff like the new DHUnplugged Shirts (Designed by Jimbo) –
\nPLUS a one-of-a-kind DHUnplugged CTP Winner’s certificate..
\n<\/strong><\/h5>\n

CLICK HERE FOR MORE CHARTS ON TRADING VIEW<\/strong><\/a><\/p>\n

\n

CRYPTO LIMERICKS<\/strong><\/p>\n<\/p>\n

JCD Score ()<\/p>\n

FED LIMERICKS<\/strong><\/p>\n<\/p>\n

JCD Score ()<\/p>\n

\n

See this week\u2019s stock picks HERE<\/strong><\/a><\/p>\n

\n

Follow John C. Dvorak on Twitter<\/strong><\/a><\/p>\n

Follow Andrew Horowitz on Twitter<\/strong><\/a><\/p>\n

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