DHUnplugged #597: Swan Panic Mode

This is a Black Swan Event - what comes next. Markets down hard - correction, bear market and train wrecks Oil, Nickel and commodities screaming higher - let's discuss. PLUS we are now on Spotify and Amazon Music/Podcasts!   Click HERE for Show Notes and Links DHUnplugged is now streaming live - with listener chat. Click on link on the right sidebar. Love the Show? Then how about a Donation? Follow John C. Dvorak on Twitter Follow Andrew Horowitz on Twitter Warm Up - Investors in full panic mode - Russian stock markets closed - many Russian stock halted - QQQ - NASDAQ 100 - Official 20% Correction - Limit Up for Corn and Wheat - massive moves over past days - Talking about Selective isolationism - Limericks - Back Market Update - Nasty downside action - sellers are hitting all rallies - buyers on strike - Hitting correction territory and bear markets - Killing Russia economy will inflict pain on US Economy (and world) - Utilities, Metals, Energy Good. Discretionary, Tech, Everything Else bad - Small-Caps USA Stocks - You would think....No outside US exposure. An Announcement of a NEW CTP ****** DHUnplugged on Apple Podcasts Fixed ***** Putin's War - China Virus = Putin's War? BLACK SWAN EVENT (S)! - The hike in rates/inflation was clearly an issues for markets - The invasion of Ukraine somewhat known. --- Russia was supposed to win in 3 moves. - The Fool's Mate - fastest checkmate in chess. - - No one could have predicted that the world - companies and companies - would totally shut down Russia's economy... ---- Devastating impact for the world if not rectified. ------ Black Swans having baby swans too.... Black Swan Definition - A black swan is an unpredictable event that is beyond what is normally expected of a situation and has potentially severe consequences. - Black swan events are characterized by their extreme rarity, severe impact, and the widespread insistence they were obvious in hindsight. NEWS - Moving Markets - Ukraine is no longer seeking NATO membership??? (Turns out this was OLD news and unconfirmed at that) --- News was out about Noon - markets climbed significantly --- But But But ---- 1:18PM news that Russia is banning all exports until 12/31/22 (Need to confirm this too) ---- If true - this could be  really problematic - described as a Suicide-bombing of the West. -*-* ALL OF THESE MARKET MOVING ITEMS NEED TRIPLE CHECKED - Markets moving on nothing Sneaky Cease Fire Proposal - Moscow said on Monday it would provide corridors for residents of Ukraine's two main cities to flee to Russia and Belarus, a move Ukraine called an immoral stunt to exploit the suffering of civilians under Russian bombardment. - "humanitarian corridors" What Moving Markets? - Fear F E A R -- War --- Prices ----- Projected Outlook - Headlines Nickel - The London Metal Exchange halted trading in its nickel market after an unprecedented price spike left brokers struggling to pay margin calls against deeply unprofitable short positions. - Nickel, used in stainless steel and electric-vehicle batteries, surged as much as 111% during the Asian day on Tuesday to trade briefly above $100,000 a ton. - LME does not think they will open trading back up until at least March 11th. So Much Sanctions - Government  and Private Industry ganging up - - When has this ever happened at this pace? Tik Tok - TikTok, the Chinese-owned video app, said on Sunday it would suspend live-streaming and the uploading of videos to its platform in Russia as it reviews the implications of a new media law signed on Friday by President Vladimir Putin. McDonalds - Closing all 850 stores in Russia temporarily - The latest company to pull out Shell Game - Shell stopped buying Russian crude on Tuesday and said it would phase out its involvement in all Russian hydrocarbons from oil to natural gas over Ukraine,