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Irvin Mermelstein

Joined: 23/03/20


Comments by Irvin Mermelstein
Nasdaq Nosedives Into Correction as Bears Sharpen Claws on Tech Wreck Sep 08, 2020 5:06PM ET
This is the resumption of the market crash in March. That's all. Bunch of Robinhooders thought this bubble was different from the others. It wasn't. Jesse Livermore, in 1929, said that there is nothing new under the sun in the stock market. He was right. I remain very bearish. A retest of the March low is a real possibility.
Biden speaks with Jacob Blake, hears from Kenosha residents Sep 03, 2020 5:02PM ET
Institutional investors are finally absorbing the polls and seeing the most likely outcome is a Biden landslide. The Democrats will exile Jerome Powell as soon as humanly possible. This rally was the Trump Bubble, and it's about over.
Biden speaks with Jacob Blake, hears from Kenosha residents Sep 03, 2020 4:54PM ET
You go, Joe! Biden did NOT tell people in Wisconsin ti vote twice!If the market has a Trump victory priced in, it's going to be a long way down.
Tech-fuelled 'everything's awesome' rally looks unstoppable Aug 18, 2020 3:49AM ET
What baloney! You guys are making this up as you go along. Hedge funds are net short the market.
Europe stocks get travel boost, dollar slides on stimulus concern Aug 17, 2020 9:46PM ET
All Asia futures are down.
The Case for Higher Stock Prices Aug 17, 2020 1:38PM ET
How many people work at Sunshine Profits, other than you?
Robinhood valuation surges to $11.2 billion after latest funding round Aug 17, 2020 1:23PM ET
Putting small investors into penny stocks. Fraudsters benefiting from Trump.
U.S. will 'bond out' to cover Social Security, Medicare gaps under Trump's tax order: Kudlow Aug 11, 2020 3:46PM ET
Disgusting liar. Get a good criminal lawyer, Larry, and stay off the coke. You're going to need one.
S&P 500 Bulls Got Tested – All-Time Highs Next? Aug 11, 2020 3:43PM ET
Then you lost money today.
Dow Ends Week Higher as Traders Overlook Lack of Deal Making on Capitol Hill Aug 07, 2020 4:20PM ET
Yasir, that's not all they are overlooking.
BREAKING: U.S. Created 1.76 Million Jobs in July, vs 1.60M Expected Aug 07, 2020 9:37AM ET
The Washington Post has almost the same headline. Appears like every reporter was fed the word "created."
BREAKING: U.S. Created 1.76 Million Jobs in July, vs 1.60M Expected Aug 07, 2020 9:30AM ET
Too late. Damage is already done.
BREAKING: U.S. Created 1.76 Million Jobs in July, vs 1.60M Expected Aug 07, 2020 9:28AM ET
Completely agree. A facade of a healthy economy.
BREAKING: U.S. Created 1.76 Million Jobs in July, vs 1.60M Expected Aug 07, 2020 9:25AM ET
Created? Absolutely false.
World stocks end four-day winning streak as U.S.-China tensions grow Aug 07, 2020 1:09AM ET
The Payroll Protection Plan, the source of bailouts for zombie companies, ends on Saturday. That means that small businesses will be laying off workers on the way to bankruptcy court. Futures look down everywhere. At its March low, the NASDAQ was about 6800.What has happened since then to account for a rise of over 4000 points? 160,000 deaths, an 8% drop in GDP during one quarter, unemployment understated at 11.1%. Those things have always driven markets down, and they will this time too.
Wall Street Rallies as Bulls Feast on Stimulus, Vaccine Optimism Aug 05, 2020 9:13PM ET
Who cares whether any of that is true, right? The fact that so many investors in the market now are guided by Trump is a reason to have little faith in the market. For the time being, the market is just another enterprise of the Trump Organization.
Wall Street Rallies as Bulls Feast on Stimulus, Vaccine Optimism Aug 05, 2020 9:07PM ET
"The U.S. private sector added 167,000 jobs in July, short of forecasts of 1.5 million jobs." Yet the market rises. The stock market has become another political tool used by Donald Trump to lie to the American public about the state of the US economy. This in fact hurts people in need because it propagates the fiction that the US is going through a time of growth, rather than a shrinking GDP At a rate of over 32% annually. Your repeated reliance on the same optimistic tropes, true or not, to generate positive news is tough to understand.
U.S. to investigate Kodak's government loan deal, Trump says Aug 04, 2020 11:42PM ET
as the US Attorney in the Southern District of New York. The stock market will to fundamentals and market regulation be reinstated when Trump is gone.
U.S. to investigate Kodak's government loan deal, Trump says Aug 04, 2020 11:36PM ET
The SEC??? Do we still have an SEC? The SEC Chairman is a Trump stooge whom Bill Barr tried to install as the US
Exclusive: U.S. pursues nearly $13 billion of claims in Purdue Pharma opioid probes, sources say Aug 04, 2020 11:34PM ET
As long as Trump is in office, his Justice Department has no moral authority to impose the rule of law on anyone. How much of the $18 billion will end up in Republican pockets?
Trump sows confusion with tweet urging 'vote by mail' in Florida Aug 04, 2020 11:31PM ET
Ten steps ahead of prison.
Question of the Day: Are We Seeing A Breakout To The Upside? Aug 04, 2020 9:09PM ET
The answer to your question is "no." This is Trump's market, completely dependent on him and hos lackeys at Treasury and the Fed to prop the market up, just for the optics. Once Robinhood investors start panic selling, as they will, the jig will be up for this faux bull market.
Relief, NeuroRx say emergency treatment with RLF-100 helps critically ill Covid patients Aug 02, 2020 7:42PM ET
By the time doctors are giving a patient remdisivir, the patient is already as good as dead. I'm not sure which is worse: not getting the drug war getting the drug. I tend towards the latter. Socially, a useless drug that will increase the population of disabled and chronically ill people,plenty of them young.
Relief, NeuroRx say emergency treatment with RLF-100 helps critically ill Covid patients Aug 02, 2020 7:38PM ET
Market hypersensitivity to remdisivir news is fading.