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From Momentum To Mayhem: Korean 'Plunge Protectors' Meet As Leverage Unwind Sparks Chaos
From Momentum To Mayhem: Korean 'Plunge Protectors' Meet As Leverage Unwind Sparks Chaos
'Leverage goes both ways...'
That is a lesson that many are learning in a painful manner as the army that enjoyed the momentum escalator ride up are now decrying the elevator plunge lower... and the poster-child for this pain is Korea.
Following anxiety over new Chinese competition, and disappointing earnings from SK Hynix overnight, Korea's stock market has plunged 44% from its record highs in June (but remains up 27% YTD still)...
Triggering yet another circuit-breaker...
You didn’t pray hard enough
The...
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Jul 3, 2026 / Tyler Durden
Centrus Energy Signs Billion Dollar Contract With DOE For Uranium Enrichment
Centrus Energy Signs Billion Dollar Contract With DOE For Uranium Enrichment
Following up from the announcement earlier this year when the Department of Energy (DOE) chose multiple companies to receive grant money for restoring domestic uranium enrichment capacity, Centrus Energy has now finalized a contract valued over $1 billion (including options).
"Centrus is competing for funding from the U.S. Department of Energy to expand U.S. enrichment capacity."
Competing with whom?
How much you need? $5BN? $10BN? $20BN? Done https://t.co/i1t7vf3bdl
— zerohedge (@zerohedge) August 25, 2025
Centrus will transition the existing cascade at their Ohio plant...
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Sep 23, 2026 / Dave DeCamp
Trump Meets With Venezuela’s Acting President After Boasting About Plundering the Country’s Resources
President Trump on Tuesday night held his first meeting with Acting Venezuelan President Delcy Rodriguez, just hours after delivering a speech to the UN General Assembly, where he boasted about taking over Venezuela’s oil industry by force, saying “to the victor belong the spoils.” In a post on X, Rodriguez shared a photo of her […]
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Apr 19, 2026 / Tyler Durden
Short-Covering Rally... Or Something More?
Short-Covering Rally... Or Something More?
Authored by Lance Roberts via RealInvestmentAdvice.com,
▶ WEEK CLOSE: S&P 500 7,126.06 (+1.2%) | Nasdaq 13-Day Win Streak (longest since 1992) | Russell 2000 New ATH | Brent Crude -9.1% | VIX 17.42
What began as a short-covering rally on April 7th has spent the last two weeks proving the bears wrong. Friday’s close at 7,126, the first finish above 7,100 in the index’s history, up 13.1% from the March lows, arrived alongside one of the most consequential single-session catalysts of the year. Iran declared the Strait...
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