Markets
S&P 500’s Big Support Level (200-day MA) Bends. Brace Yourself If It Breaks (Bloomberg)
Tech Indices Finally Succumb to Large Cap Selling (Fallondpicks)
Trendline Broken: Similarities to 1929, 1987 and the Nikkei in 1990 Continue (Acting Man)
You Don’t Have To Hate Bitcoin To Think It Is Overvalued (Peter Tchir via Forbes)
Billionaire investor says Facebook will be decimated by its disastrous data leak (Business Insider)
The Facebook Scandal: How Many Cockroaches Are There? (Simon Constable via Forbes)
Tesla Learns About Reflexivity (Adventures In Capitalism)
Amazon’s High Stock Price Might Just Be the Real Problem (Bloomberg)
Quant Style Crash That Strategists Warned About Finally Arrives (Bloomberg)
Tesla Bonds Are in Free Fall (Bloomberg)
‘Buy the dip’ looks dead, as final hour of trading now typically sees selling (CNBC)
Everything is going wrong simultaneously for tech juggernauts (Business Insider)
A ‘dumpster fire’ in FANG stocks could scorch investors, $2.5 billion portfolio manager warns (CNBC)
3 Reasons Tesla’s Plunge Is Not A Buying Opportunity (Peter Cohan via Forbes)
Barclays Thinks Oil Is Going Lower (Ken Rapoza via Forbes)
Bitcoin’s a Pretty Good Guide to Animal Spirits in Stocks (Bloomberg)
Trend Is Your Friend… Except At The End (Dana Lyons)
3 reasons why short-term bonds are finally looking attractive (BlackRock)
Higher Volatility Does Not Have To Equal Lower Stocks (The Macro Tourist)
Economy
Record ‘megadeals’ push global takeovers beyond $1.2 trillion (CNBC)
The Fed’s Dot Plot Would Bury The Indebted US Consumer (Grizzle Media)
Peter Schiff: There’s A BIG Problem With The Economy, ‘Americans Are BROKE’ (SHTF Plan)
U.S. Fiscal Future Won’t Be Like Its Carefree Past (WSJ)
Albert Edwards: The ‘sickly aroma of recession’ is spreading across the globe (Business Insider)
Coincident Economic Indicators: History Suggests Recession is Close (Mike “Mish” Shedlock)
Consumer Bites the Dust in First Quarter (Mike “Mish” Shedlock)
Lower-Income Americans Drive Consumer Sentiment to 14-Year High (WSJ)
Who Needs Wall Street When You Can Have A Monetary Unicorn? (David Stockman)
Is The Fed Panicking? Yield Curve Tumbles To Fresh 11-Year Lows (ZeroHedge)
Update on the Most Splendid Housing Bubbles in the US (WolfStreet)
BofA: We Are Witnessing The Third Biggest Assset Bubble Created By A Central Bank (ZeroHedge)
The Gap Between Economic Reality And Hope Has Never Been Wider (ZeroHedge)
The Four Triggers For The ‘Big Data’ Bubble To Burst (ZeroHedge)
A bubble you didn’t even know existed (the big data bubble) could be bursting (Business Insider)
Earlier on Real Investment Advice
The Other Face of Risk: Bonds (John Coumarianos)
Do Stocks Really Like Higher Rates? (Lance Roberts)
Danielle DiMartino-Booth: What Powell Really Said (Lance Roberts interview)
Inverted Yield Curve – Will This Time Be Different? (Richard Rosso)
The Mind Blowing Concept of “Risk-Free’ier” (Michael Lebowitz)
An Update On The U.S. Treasury Bond Breakout (Jesse Colombo)
Technically Speaking: Predictions, Market Bounce & Risks (Lance Roberts)
Uneven Economy & The Hidden Depression (John Coumarianos)
Risk vs. Reward Improves, But Problems Lie Ahead (Doug Kass)
This Cycle Will End – The Simple Math Of Forward Returns (Lance Roberts)
Trade Wars & Economic Outcomes (Mike “Mish” Shedlock)
