OCGN shares have been rising in a hot Biotech market. The daily chart has turned up and the stock is likely to continue to trend higher into September. Weekly and Daily
The Italian government is about to collapse, one of the majority parties the M5S has taken away trust in the senate, so DRaghi should resign. IF DRaghi resigns, Italy enters a crisis and with it the whole of Europe, with a weak Macron, a weak Sholz, a United Kingdom in crisis too with Jhonson resigning. How will Biden fight Russia with a phantom Europe? Markets may know about the black swan very soon.
The reason for the mistrust is linked to the sending of arms to Ukraine, not all Italian parties are slaves of the American democrats as is Draghi, a former employee of Goldman Sachs.
An Italian magistrate in Florence has issued a historic sentence. "RNA VACCINES MODIFY THE HUMAN GENOME AND DO NOT DEBELL COVID INFECTION IN THE EVENT THEY COULD INCREASE IT. USE GOOGLE ENGLISH TRANSLATOR https://www.youtube.com/watch?v=djM99vlBMfc
Everyone learned about “reverse transcriptase” in high school biology...reverse transcriptase takes RNA and writes it into the DNA. It is how RNA viruses like chickenpox stay dormant in your body and then pop out as “shingles outbreaks”
Not sure why any is surprised that an RNA vax/gene therapy is reverse transcribing itself into DNA code. It’s what they are designed to do....which is why I said hell no to these garbage shots
VLADIMIR PUTIN FORMER KGB CHIEF, HAS DEMONSTRATED THAT HE CAN DESTROY A WEAK EUROPE WITHOUT USING A MISSILE. OUR GOVERNORS BELIEVED THAT SUPPORTING THE WILL OF US DEMOCRATS TO WEAKEN RUSSIA WOULD LEAD TO RESULTS. THE RESULTS ARE A BREAKDOWN EUROPE WITH GOVERNMENTS BY PIECES AND ECONOMIES IN THE MIX WITHOUT MORE ENERGY.
ITALY on the stock exchange today -3.44% and with Futures it is already at another -2%. Tomorrow the President of the Republic Mattarella will decide whether to entrust another government to Draghi who will have to return to Parliament to ask for confidence, or he will decide once the legislature has ended with a return to the polls. ITALY at this moment, I would never have said, with Draghi exBCE, is the litmus test of a Europe that works that is united, if Draghi jumps, Europe jumps.
Follow the news from Italy because the stock exchanges in the coming months will be linked to what is happening in the Bel Paese, because Europe is also hanging by a thread and PUTIN laughs.
For now Mattarella has rejected Draghi's resignation, they are clinging to the chair with their teeth before the end of the legislature in 10 months, they do not want the Italian people to vote. They are afraid that the right will sweep them away. The right in Italy has the majority in voting predictions. An anti-European right-wing government in Italy is what Putin and Trump want. The future is black as it goes. Be careful.
Unfortunately yes the state of affairs in Europe is deteriorating. Energy, and food inflation, Covid, war and unstable governments. These problems magnify in Europe.
It will only get worse as the war in Ukraine intensifies. It's bad and it's going to get nasty...
The last to fear explosive scenarios is the French Le Figaro, in his background of the day. Speaking of the political crisis in Italy, the conservative newspaper yesterday spoke of a "bomb that can blow up all of Europe", recalling that our country "weighs too much within the European Union to fail", but that Rome - "With its 2,500 billion public debt load, more than Greece, Portugal, Ireland and Spain combined, it depends on the 200 billion credit line granted last year by Europeans, who trust Mario Draghi to carry out the reforms necessary ", even if the aid - recalls the newspaper -" is linked to 527 conditions ". Super Mario is therefore defined as «a bastion on the edge of the precipice into which we could all be dragged».
Market has been trickling down which is why VIX hasn’t had a huge spike. Vix weekly is getting close to the 50 and 200 ma. There needs to be a panic low in the markets before a spike in VIX
Draghi is speaking to Parliament at the moment and parliamentarians are debating the reasons for trust or distrust. Should Draghi be disheartened tonight in the joint senate and chamber vote, the black swan will arrive for a Europe that alone, without the former ECB, will not be able to remain united against PUTIN and all the other problems related to energy and sanctions.
Any black swan on the financial markets will destabilize political Europe and the United States will also suffer in its war against Russia. Is it time to review the March 2020 lows? Shall we give times? Spring Summer 2023.
Shorting Italian banks after the buybacks that have recently made them fly, in my opinion is a good deal, as Ray Dalio and Bridgewater say, which has a bearish "BIG BET" in store on Italy. Let's see what happens?
For now many Italian senators are saying that Draghi has to leave because he is just an American imperialist governor former goldman sachs employee and he is doing American interests in Europe, against Russia and not for the Italian people. It would be better to go and vote they say, enough with these presidents of the council chosen by the power and not by the voters. DSraghi was actually chosen by the Brussels establishment, after the European central bank, put to the Italian government to hold Europe together with its political problems after Merkel.
Today's news, online realtime, DRAGHI asks for confidence in Parliament and goes to the vote, they will leave soon, but it hooks up to a motion of the center-left and not of the center-right that in the next elections is given as a favorite, the government in Italy falls, we will go to new political elections, I think so. Let's see the grades shortly.
Draghi as technical and non-political President, has now chosen the side of the center-left and not the center-right, so he sided openly. After all, even if he hid it well he had understood that he was a COMMUNIST, like Biden. He probably won't get the votes of the center-right now in parliament and therefore perhaps he doesn't have the numbers to continue to govern. Let's see what happens.
In Italy the right will win, they have never been kind to Europe which has always preferred the Communists to govern Italy, for this reason they have redeemed all those non-repayable loans, because there were the claims to govern, but now the things will turn out differently. Italy is invaded by African peoples and we can no longer cope with crime and social hardships. There was a need for some fresh air. I really hope that the same will happen in the States, Biden and his left administration can't take it anymore.
Yes Europe is troubled. The difference between this time and 2020 Greece is that the larger countries are now failing. Germany under pressure this time also.
indeed! here we go.... just an FYI, I found this article intreresting. Pharma, FDA, CDC have been lying to us for decades. https://jchristoff.com/20-things-you-dont-know-about-polio-2/
What about the volatility----Uvxy new lows--we are now in a recession--Nothing seems to matter---technology --laying off slowly---we need some insight???
well Manchin, Schumer and Pelosi along with the rest of democrat scum just took out the biotech sector with a bill that will stop all PE and VC money from investing in it....goodbye to any cures for Retts, Alzheimers, Parkinsons, Cancer etc.....
I would rather swim with great white sharks then share a bar with democrats....
Alright so I think the play here is that yes we are in a technical recession. Two quarters down. That is a recession. But the numbers are minor so far. That gives the market room to bounce for now. Yes it will transition to a deep recession with time.
PS Pearl Harbor wasn’t a surprise either. Only the crap ships remained in Pearl Harbor and everything else was out at sea performing drills. US goaded Japan into WW2 ...just like they are goading Ruskiees into WW:3...leopard doesn’t change its spots ;)
"China said it was conducting military exercises off its coast opposite Taiwan after warning Nancy Pelosi, the Speaker of the US House of Representatives, to scrap possible plans to visit the island democracy."
"Given that Pelosi is traveling aboard a U.S. military aircraft for the entirety of her trip to Asia this week, the quickly escalating military tensions between China and Taiwan carry especially high risks."
I'm holding a position in OCGN. Also looking at Call options on OCGN.
ReplyDeleteLABU also likely to perform well as we approach September.
ReplyDeleteOn the second chart, the daily, notice the 50 day average has turned up.
ReplyDeleteXBI looks to be heading towards $100 to test 200 average on daily.
ReplyDelete"Inflation rose 9.1% in June, even more than expected"
ReplyDeleteI've heard a lot of wrong calls for inflation to have peaked. As you all know I've been continuing to call for higher inflation.
ReplyDeleteMy number is a test of 1980s inflation around 15%.
Makes sense SC - how high do you think the Fed will be forced to raise rates?
Delete"FDA authorizes Novavax Covid vaccine for adults as the first new shots in U.S. in more than a year"
ReplyDeleteSC
ReplyDeleteWhats your Target for LABU
Thanks
$12 to $15 possible
DeleteThe Italian government is about to collapse, one of the majority parties the M5S has taken away trust in the senate, so DRaghi should resign. IF DRaghi resigns, Italy enters a crisis and with it the whole of Europe, with a weak Macron, a weak Sholz, a United Kingdom in crisis too with Jhonson resigning. How will Biden fight Russia with a phantom Europe? Markets may know about the black swan very soon.
ReplyDeleteThanks Roberta
Delete;-)
DeleteThe reason for the mistrust is linked to the sending of arms to Ukraine, not all Italian parties are slaves of the American democrats as is Draghi, a former employee of Goldman Sachs.
DeleteUkraine has something on Biden and Obama is my take.....there is literally no reason to be involved, Zelensky is a comedian for christ sakes
DeleteThis comment has been removed by the author.
ReplyDeleteAn Italian magistrate in Florence has issued a historic sentence. "RNA VACCINES MODIFY THE HUMAN GENOME AND DO NOT DEBELL COVID INFECTION IN THE EVENT THEY COULD INCREASE IT.
ReplyDeleteUSE GOOGLE ENGLISH TRANSLATOR https://www.youtube.com/watch?v=djM99vlBMfc
Everyone learned about “reverse transcriptase” in high school biology...reverse transcriptase takes RNA and writes it into the DNA. It is how RNA viruses like chickenpox stay dormant in your body and then pop out as “shingles outbreaks”
DeleteNot sure why any is surprised that an RNA vax/gene therapy is reverse transcribing itself into DNA code. It’s what they are designed to do....which is why I said hell no to these garbage shots
;-)
DeleteVLADIMIR PUTIN FORMER KGB CHIEF, HAS DEMONSTRATED THAT HE CAN DESTROY A WEAK EUROPE WITHOUT USING A MISSILE. OUR GOVERNORS BELIEVED THAT SUPPORTING THE WILL OF US DEMOCRATS TO WEAKEN RUSSIA WOULD LEAD TO RESULTS. THE RESULTS ARE A BREAKDOWN EUROPE WITH GOVERNMENTS BY PIECES AND ECONOMIES IN THE MIX WITHOUT MORE ENERGY.
ReplyDeletethank you Roberta for you posts!! Always good to hear from you, gives us a better idea of what's really going on in Italy and in Europe.
ReplyDelete;-)
DeleteL NVAX at 51.50
ReplyDeleteThis comment has been removed by the author.
ReplyDeleteITALY on the stock exchange today -3.44% and with Futures it is already at another -2%. Tomorrow the President of the Republic Mattarella will decide whether to entrust another government to Draghi who will have to return to Parliament to ask for confidence, or he will decide once the legislature has ended with a return to the polls. ITALY at this moment, I would never have said, with Draghi exBCE, is the litmus test of a Europe that works that is united, if Draghi jumps, Europe jumps.
ReplyDeleteFollow the news from Italy because the stock exchanges in the coming months will be linked to what is happening in the Bel Paese, because Europe is also hanging by a thread and PUTIN laughs.
ReplyDeleteThank you Buck!!
ReplyDelete;-)
DeleteFor now Mattarella has rejected Draghi's resignation, they are clinging to the chair with their teeth before the end of the legislature in 10 months, they do not want the Italian people to vote. They are afraid that the right will sweep them away. The right in Italy has the majority in voting predictions. An anti-European right-wing government in Italy is what Putin and Trump want. The future is black as it goes. Be careful.
ReplyDeleteUnfortunately yes the state of affairs in Europe is deteriorating. Energy, and food inflation, Covid, war and unstable governments. These problems magnify in Europe.
ReplyDeleteIt will only get worse as the war in Ukraine intensifies. It's bad and it's going to get nasty...
We're definitely approaching a recession and deflation will return
ReplyDeleteOil can bounce but I think there is more downside
ReplyDeleteBiotech showing strength. XBI fresh high next week. Looking strong for remainder of July.
ReplyDeleteThe last to fear explosive scenarios is the French Le Figaro, in his background of the day. Speaking of the political crisis in Italy, the conservative newspaper yesterday spoke of a "bomb that can blow up all of Europe", recalling that our country "weighs too much within the European Union to fail", but that Rome - "With its 2,500 billion public debt load, more than Greece, Portugal, Ireland and Spain combined, it depends on the 200 billion credit line granted last year by Europeans, who trust Mario Draghi to carry out the reforms necessary ", even if the aid - recalls the newspaper -" is linked to 527 conditions ". Super Mario is therefore defined as «a bastion on the edge of the precipice into which we could all be dragged».
ReplyDeleteYou're onto something Buck! Let's watch at this unfolds
ReplyDeleteAs soon as there will be news, on Wednesday there is a request for confidence in parliament, I will let you know. Bye.
DeleteSc,
ReplyDeleteEurope--May cause a problem --China and Taiwan--let's see what happens?
sc,
ReplyDeleteMarket is down 20% from highs --Uvxy almost at new lows????
sc
ReplyDeleteUvxy ---how low can it go????
Market has been trickling down which is why VIX hasn’t had a huge spike. Vix weekly is getting close to the 50 and 200 ma. There needs to be a panic low in the markets before a spike in VIX
ReplyDeleteMy guess is $10-11 in UVXY and $11-12 in UVIX will be he lows before next spike
ReplyDeletesc,
ReplyDeleteI would really like an answer on the volatility---I keep hearing of a sizable drop coming in the next week???
Market is churning. Still slow summer.
Deletesc,
ReplyDeleteToday marks 60 days below 50 DMA worst since 2008
Yes consolidation under the moving averages.
DeleteOnce they roll over bearish again
China’s holdings of U.S. debt has fallen below $1 trillion. The last time was in 2010.
ReplyDeleteSc,
ReplyDeleteWhen the market does not go higher with out federal assistance--Pelosi's Chip Bill--we got a problem--most people don't see this?
Draghi is speaking to Parliament at the moment and parliamentarians are debating the reasons for trust or distrust. Should Draghi be disheartened tonight in the joint senate and chamber vote, the black swan will arrive for a Europe that alone, without the former ECB, will not be able to remain united against PUTIN and all the other problems related to energy and sanctions.
ReplyDeleteAny black swan on the financial markets will destabilize political Europe and the United States will also suffer in its war against Russia. Is it time to review the March 2020 lows? Shall we give times? Spring Summer 2023.
ReplyDeleteWill POWELL RANGER still manage without the help of SUPERMARIO to hold the fate of the world only by printing money?
ReplyDeleteShorting Italian banks after the buybacks that have recently made them fly, in my opinion is a good deal, as Ray Dalio and Bridgewater say, which has a bearish "BIG BET" in store on Italy. Let's see what happens?
ReplyDeleteFor now many Italian senators are saying that Draghi has to leave because he is just an American imperialist governor former goldman sachs employee and he is doing American interests in Europe, against Russia and not for the Italian people. It would be better to go and vote they say, enough with these presidents of the council chosen by the power and not by the voters. DSraghi was actually chosen by the Brussels establishment, after the European central bank, put to the Italian government to hold Europe together with its political problems after Merkel.
ReplyDeleteIt seems to be the next round of crisis in Europe following Greece in 2010.
ReplyDelete;-)
DeleteToday's news, online realtime, DRAGHI asks for confidence in Parliament and goes to the vote, they will leave soon, but it hooks up to a motion of the center-left and not of the center-right that in the next elections is given as a favorite, the government in Italy falls, we will go to new political elections, I think so. Let's see the grades shortly.
ReplyDeleteDraghi as technical and non-political President, has now chosen the side of the center-left and not the center-right, so he sided openly. After all, even if he hid it well he had understood that he was a COMMUNIST, like Biden. He probably won't get the votes of the center-right now in parliament and therefore perhaps he doesn't have the numbers to continue to govern. Let's see what happens.
ReplyDeleteThey'll delay things as much as they can, but yes crisis won't be averted
Delete;-)
DeletehonestcreditguyJuly 7, 2022 at 9:18 AM
ReplyDeletebuilding position in SOXL
yummy 33% gain
DeleteI like Gold but it looks like capitulation candle needed to 1640 and next week with opex and fed meeting, ripe to do it
ReplyDeletehttps://discord.com/channels/273485386095919105/498895982872887306/999399327501918421
ReplyDeleteDraghi---looking to resign--???
Report on Italy:
ReplyDelete"An early election in September or October is the most likely outcome"
;-)
DeleteIn Italy the right will win, they have never been kind to Europe which has always preferred the Communists to govern Italy, for this reason they have redeemed all those non-repayable loans, because there were the claims to govern, but now the things will turn out differently. Italy is invaded by African peoples and we can no longer cope with crime and social hardships. There was a need for some fresh air. I really hope that the same will happen in the States, Biden and his left administration can't take it anymore.
ReplyDeleteSc,
ReplyDeleteA lot of European countries have no confidence in their leaders---will this cause a problem?
Dunn? Do you understand that the Americans trust theirs? Take a good look at what sleepy Joe's current ratings are
DeleteRoberta--
ReplyDelete66% hate him
very true --now he has covid---sympathy plea!
;-)
DeleteYes Europe is troubled. The difference between this time and 2020 Greece is that the larger countries are now failing. Germany under pressure this time also.
ReplyDeletePolio case confirmed in New York state, health-care providers told to look for more infections----here we go!
ReplyDeleteindeed! here we go.... just an FYI, I found this article intreresting. Pharma, FDA, CDC have been lying to us for decades. https://jchristoff.com/20-things-you-dont-know-about-polio-2/
DeleteBuying Uvxy----11.75---------gap fill to SPY 401.35---too cheap no to buy!
ReplyDeletesc,
ReplyDeleteIs starting to look like a short term top???
Normally bottoms are September and October.
Any advice here?
Still pretty quiet though I think we'll see more action as we head into this Fall. A couple more weeks and volatility could pick up a little
DeleteAVXL L S 10.75, they have non Amyloid targeting of Alzheimer, Rett and Fragile x
ReplyDelete18 years of failed amyloid research now tied to fabricated data on plaque build up.....billions thrown down the drain because of altered photos...
DeleteI never cared much for Monkeypox but the WHO declared it a health emergency over the weekend.
ReplyDeleteThat will give Biotech more strength to run. I think may be able to enter LABU in the $7 in August though.
OCGN looks better to me because it hasn't run much yet. So let's see.
SC, what's up?
ReplyDeletesc,
ReplyDeleteWhat about the volatility----Uvxy new lows--we are now in a recession--Nothing seems to matter---technology --laying off slowly---we need some insight???
well Manchin, Schumer and Pelosi along with the rest of democrat scum just took out the biotech sector with a bill that will stop all PE and VC money from investing in it....goodbye to any cures for Retts, Alzheimers, Parkinsons, Cancer etc.....
ReplyDeleteI would rather swim with great white sharks then share a bar with democrats....
SC,
ReplyDeletesince 7/19 --That is a bot---we can go higher and higher---that is a powerful bot!
too much manipulation---never ends well!
any advice?
Alright so I think the play here is that yes we are in a technical recession. Two quarters down. That is a recession. But the numbers are minor so far. That gives the market room to bounce for now. Yes it will transition to a deep recession with time.
ReplyDeleteChina has threatened to shoot down Nancy Pelosi. That's not going to go over well. USA and China are on the brink of war...
ReplyDeleteAnd so it begins. The threat has been made. Both sides will counter.
ReplyDeleteDoes this mean Volatility will spike? Good time to enter UVIX?
DeleteNot immediately. This is the first direct threat we've seen against the United States
DeleteNothing will move more than volatility but that will come.
DeleteThe USA and China has been building for some time and is a longer term issue.
ReplyDeleteRussia is more in focus in short term
ReplyDeleteWhen would I buy SPX?
ReplyDeleteI would buy SPX after a massive Russian attack on Ukraine by surprise similar to Pearl Harbour.
That event will be the capitulation.
When are you anticipating this “not-really-a-surprise” attack on Ukraine? I think you mentioned summer when it’s easier to position and move troops?
DeletePS Pearl Harbor wasn’t a surprise either. Only the crap ships remained in Pearl Harbor and everything else was out at sea performing drills. US goaded Japan into WW2 ...just like they are goading Ruskiees into WW:3...leopard doesn’t change its spots ;)
DeletePearl Harbour is an event in war that most remember. A military blitz.
Delete"China said it was conducting military exercises off its coast opposite Taiwan after warning Nancy Pelosi, the Speaker of the US House of Representatives, to scrap possible plans to visit the island democracy."
ReplyDelete"The Pentagon has sent an aircraft carrier to the South China Sea ahead of a possible visit to Taiwan by House Speaker Nancy Pelosi."
ReplyDeleteWhy even send the old crone to Taiwan in the first place? I’ve seen chimps at the zoo exercise more diplomacy than that washed up hag.
DeleteShe's there to cause friction, er, meet with an allie.
DeleteGood point Deena!
DeleteThis is way too early for a reversal--but i do want pelosi to jump on that plane---I am wondering about the end of week!
ReplyDelete"Given that Pelosi is traveling aboard a U.S. military aircraft for the entirety of her trip to Asia this week, the quickly escalating military tensions between China and Taiwan carry especially high risks."
ReplyDeleteBought LABU $8.55
ReplyDeleteLooks like it could have a good week
DeleteWow, great buy SC👍👍
DeleteBiotech moving with a nice rythm!
Delete"California declares a state of emergency over monkeypox outbreak, following New York and Illinois"
ReplyDeletenice move!
ReplyDeleteNew chart posted!
ReplyDelete