2 Toxic Dept Bombs to Avoid

 
July 20, 2020
 
As a kid, Lance Ippolito moved in with his grandfather, a middle school janitor...

Later in life, he became a hedge fund trader… and he made his clients millions by turning Wall Street strategies on their head.

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Are Bank Earnings a Warning Sign of the Next "Big Short"?
Earnings season began last week with the largest banks reporting first.

While revenue and earnings per share for the majority beat market expectations and consensus, digging a little deeper we can see these results reflect strong growth in investment-banking fees and trading revenues.

However, the financial institutions debt business is in destruction, their prime brokerages have been exposed, and commercial mortgages are imploding...

We can shout about the injustices and what happened in the 2008 financial crisis from the rooftops all we want, but it just doesn't matter…

All that matters is this…

 
2 Toxic Dept Bombs to Avoid

During the massive 10-year bull run, many companies recklessly loaded up on a lot of debt.

And since the pandemic slashed their abilities to effectively make money, industries struggling to generate cash flow have had difficulty making debt payments.  

Considering that this phenomenon can quickly put a business and its shareholders in financial stress, I'm giving away the names of two companies ready to bite the bullet…

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Swing Low is a term used in technical analysis that refers to the troughs reached by a security's price or an indicator. A swing low is created when a low is lower than any other surrounding prices. Successively lower swing lows indicate that the underlying security is in a downtrend, while higher lows signal an uptrend. A swing low's opposite counterpart is a swing high.


 
 
 
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