Eddy Elfenbein (@EddyElfenbein) started following @KevRGordon on Oct 4, 2024

The strike has been struck

DETROIT (AP) — Source: Union for 45,000 US dockworkers agree to suspend strike until Jan. 15 to provide time to negotiate new contract.

"Yeah, I get Eddy's newsletter. I read TF out of it every week. So should you." - Lord Byron https://t.co/7l5OFpkdOm

Here’s How Bad China’s Economy Really Is. Can It Be Fixed? https://t.co/yckd1bOZhC

oh dear lord

We beat the market by 26 fold today. https://t.co/VHR84humK2

Today's gain for the S&P 500 was barely positive. If the market were to do today's gain every day for a year, it would come out to about 3.5%.

RT @Fullcarry: “It can be very expensive to try to convince the markets you are right.” Another Ed

Brian Lund @bclund was rockin the $CWS swag on The Morning Show. https://t.co/k2Y7MOEkzj https://t.co/pZJd508Ngc

ATH for $AFL https://t.co/7HmSoZlvle

https://t.co/yaGdkh2lcI

The sexual tension between these two is through the roof.

Today's newsletter: https://t.co/uCsqJ8WNbM

I hope they do a better job than previous management. "How Chicken Tenders Conquered America" https://t.co/dg0qqUro9J

RIP: Pete Rose https://t.co/k5JGzqlCaj

Jimmy Carter turns 100 tomorrow.

RT @TrendSpider: The S&P 500 has delivered its best year-to-date performance through September since 1997. What a time to be a bull. 🐂 $S…

For the quarter, the S&P 500 gained 5.53%, and 5.89% with dividends.

US Economy Gets Another Big Revision and This Time It’s Good https://t.co/ZgqPwjzPVM

Dockworkers Strike Could Begin Tuesday, With Talks at an Impasse https://t.co/YywNjZ02Rj

RT @TheStalwart: There are 2230 stocks in the Shanghai Composite. Not a single one fell today. The four worst stocks in the index were flat…

88-Year-Old Japanese Ex-Pet-Shop Owner Built A $14 Million Fortune Buying Stocks https://t.co/jYVZC3b0gD

We're heading towards a positive quarter. It will be our fourth winning quarter in a row. https://t.co/C6vg3rwTCi

https://t.co/b7z2F13rtO

RT @RyanDetrick: The fourth quarter is almost here. Historically, this is the best quarter for stocks. https://t.co/DHXJsjYeBh

Does anyone know who's in first place in the NFC East?

Since so many of you have asked to see my trading platform: https://t.co/GtidvGU5i0

The Roman Empire didn't use stop losses. Something to think about.

Andrew Vaughn is batting 0.246 while his team, the White Sox, are winning 0.244. cc @MLBRandomStats

RT @RihardJarc: The $NVDA bull & bear case summarized in 2 minutes by Zuck. It is that simple. https://t.co/SCb3tPrzjh

How the S&P 500 has performed in the first half of a decade versus the second half (since 1957). https://t.co/C0WlKEGuXJ

Since June 14, Emmanuel Clase has pitched 41 innings and allowed two earned runs.

RT @US_Stormwatch: Someone just flew through the eye of Category 4 Hurricane Helene in a private jet. https://t.co/cqwQHD3dZh

The government's GDP numbers were off by $300 billion, and everyone's like whatev. But I claim a $300 billion tax credit, and suddenly that's a problem. https://t.co/gsyJqzqZmX

Occupy Wall Street almost perfectly timed the market's low. In 13 years since then, the S&P 500 is up fivefold. With dividends, it's up 6.25-fold.

Re-up

Mark my words -- the stock market is going to tank in 2024 due to the economy, inflation, the Fed, Trump, the AI bubble, Elon, Ukraine, the debt, CRE, the dollar, Harris, assassination attempts, Diddy, Putin. https://t.co/d1zFstxgyl

China Weighs $142 Billion Capital Injection Into Top Banks https://t.co/scpe64wNtD

jobless claims moving lower https://t.co/bTkGwLUBp9

RT @graniteshares: AI chips are transforming industries, enabling more powerful computing and innovation. Do you have exposure to this gr…

Watching the McMahon documentary now

Berkshire vs $XLF. Moderate correlation for 15 years. https://t.co/NuhdXFHehB

Happy 90th (this Saturday). BB is eight days younger than Sophia Loren who also just turned 90. https://t.co/Ct48NrVEm9

The S&P 500 is +19.97% YTD.

NYT: Mark Zuckerberg Is Done With Politics https://t.co/GnfY6pgNP5

Mortgage refinance boom takes hold, as weekly demand surges 20% https://t.co/Auiu7KkVZv

I'm watching "The Terror," the AMC series based on a fictionalize account of the Franklin expedition that got lost in the Canadian Arctic. It's good but you probably shouldn't watch it during winter.

RT @EconomPic: Household wealth less national debt just hit a record high. We remain the wealthiest country in the world. https://t.co/Zn…

Today's newsletter: https://t.co/oMSP6xpmyk

In honor of gold hitting a new high, I'll link my post from several years ago on a possible model for the price of gold. This post caused the most commentary by far. https://t.co/fWNgRDzGS1

Consumer humility rose the most in three years. https://t.co/aWgXeOdYMC

The US debt is roughly $103,000 for every man, woman and child.

The S&P 500 is on track to close at another new all-time high. The Nasdaq? Yeah, about that... https://t.co/fu4cEvorb0

National debt = $35,319,710,736,132.06 https://t.co/ZIooI7WcZw

Consumer confidence had its biggest drop in three years https://t.co/aWgXeOdYMC

Not that the merger went bust, shares of $MGRC are doing well. https://t.co/g8HRmcTm4h

ath for $LOW https://t.co/CSQKsAyAbZ

The S&P 500 closed lower on November 15, 2012 than it did on April 22, 1999. That's a run of 4,956 days which is close to the previous loss span of 5,070 days from September 24, 1968 to August 12, 1982. There was another span of 5,032 days from October 6, 1936 to July 17,

With about a week to go, Q3 looks to be the fourth up quarter in a row. https://t.co/hGdNAjn5Ny

Traders see the Fed cutting by 1.5% over the next four meetings.

I didn’t choose to buy and hold life. It chose me.

Which will outperform over the next year?

After 20 years of lagging, GE (now GE Aerospace) is the hottest stock around. https://t.co/s2RwOylwst

Don't ask questions, just take it. https://t.co/GsfQU5LjTc

Thanks!

Hedge fund mogul sued by his own mom for $13 million https://t.co/3wd1OuWvaS

Washington Post to Lay Off a Quarter of Staffers From Software Unit https://t.co/cIPsVw6GQj

"There are 11,882 ratings on stocks in the S&P 500. Of these ratings, 54.5% are Buy ratings, 40.2% are Hold ratings, and 5.2% are Sell ratings." https://t.co/VyVDSGcM2r

People outside of finance would be stunned to learn how much time and energy goes into predicting this line. https://t.co/IUmGZLnhH7

Argentina dollar deposits spike by $8 billion under Milei https://t.co/R2vgDAibme

Here’s What Happens to Markets When Interest Rates Fall, in Charts https://t.co/GS1TAvxMre

Frankly, the more shocking news is that they had a rodeo in Massachusetts.

https://t.co/Vyvfcrrz82

I'm announcing The Elf Fest Investing Conference scheduled for March 2026. It will be held on Great Exuma on an island previously owned by Pablo Escobar. Tickets are $40,000. There are no refunds. Hope to see you!

RT @DividendGrowth: Stocks have never experienced losses in any rolling 15-calendar year period over the last 50 years. https://t.co/jo9pJK…

RT @Olivianuzzi: Why does Hollywood think female reporters sleep with their sources? http://t.co/l74hijW4W5

Since May 2020, the S&P 500 has doubled.

The initial claims data can be very noisy. Still, the last report is a surprisingly strong number. https://t.co/P6bwpRzTBJ

Envy was once considered to be one of the seven deadly sins before it became one of the most admired virtues under its new name, "social justice." - Thomas Sowell

Every single member of the board resigned from DNA tester 23andMe https://t.co/uRdmTA1Lbc

Today is the eighth birthday for $CWS. Yesterday was another all-time high. Thanks to everyone for your support! https://t.co/SfcBuO9MnF

From what to what? "The Fed Has Significantly Improved the Odds of a Soft Landing" https://t.co/b3TOkNVWVH

Fed funds minus the 2-year https://t.co/87tPhQuuyd

RT @EddyElfenbein: Happy 90th https://t.co/V1bAFaw780

Today's newsletter: https://t.co/uljCSgsnn6

Rough few months for $DJT https://t.co/uE1P6PRejj

Happy 90th https://t.co/V1bAFaw780

They should have done 25 in July. https://t.co/BOFUVkahxa

"The art of taxation consists in so plucking the goose as to obtain the largest possible amount of feathers with the smallest possible amount of hissing." - Jean-Baptiste Colbert

People say that Shohei's $700 million contract is a lot. But remember, that's pre-tax and it's over 10 years.

Are you crippled with guilt because you only read my free content? Well, this is your lucky day. https://t.co/7l5OFpkdOm

In today's game, Shohei hit three home runs (2 two-run and one 3-run) , two doubles and a single plus two stolen bases. That has to be one of the best single-game offensive performances in history.

Tesla +7.36%

FICO just hit a new high $1,946.80 per share which, ironically, should help my FICO score.

RT @carlquintanilla: S&P closing in on a 20% gain for the year. (After last year’s 24%.) 🇺🇸 ⁦⁦@CNBC⁩ $SPX https://t.co/K9Ck5053W5