On Death and Dying - Financial Newsletters 12/10/24

[DrStool]

 

I have been hemorrhaging subscribers for the past several months as autorenewals have been failing repeatedly. This has happened frequently through the years. It's due to security breaches of major repositories of credit card data. There are mass cancellations. Many subscribers then don't bother to resubscribe. They don't need financial information when constantly rising markets make everybody a fucking genius. 

I kid you not. It's painful. 

I discovered last week that Money Map Press, which employed me from 2017-19 went away in May. At the time I was let go, they had sales of $150 million.  The GM under whom I worked was canned in 2023. The new team apparently didn't do so well.

This was a subsidiary of Agora, Bill Bonner's big financial newsletter publisher with $1.5 billion in sales back in 2019. MMP's free newsletter was Money Morning,  the vacuum cleaner that brought in new potential suckers every day for upsells to paid newsletters. It's still around with some of the same names I knew back then. Lots of free articles that don't lead to any paid newsletters published by an Agora nameplate. What's the revenue model? Apparently occasional sales of special reports and videos. 

Looking around it looks like most of their other subsidiaries are also gone. Their front subsidiary was Agora Financial which published The Daily Reckoning and a slew of paid newsletters. The DR is still out there, published by a different outfit with the same tired screeds from "libertarian" extremist lunatics.  The only other one I found still operating was Stansberry Research, which seems to be an independent company now, but at the same physical address as under Agora. No sign of any of the others. 

This is a tough business.

In publishing Liquidity Trader and Wall Street Examiner, you may have noticed that I've started using AI generated rewrites of my posts for the purpose of search engine optimization in the hopes of reaching an expanded market. It's my content, but edited by AI to attract good placement from Google.

So far, not much help. But an interesting experience. I just input the content into ChatGipputz and axe it fer a SEO title and SEO optimized text. Spits the shit out in about 6-7 seconds. 

No question in my mind. The sucker will soon decide that it has no need for our stupidity and will do away with us. 

If you're reading this, I hope that you will consider supporting my work. It's different from the run of the mill BS out there, and it's pretty accurate. 

Meanwhile I'm not going anywhere but right here.  It's called OCD. 

Here's today's hourly ES 24 hour S&P fuguetures chart. They bounced off trend support at 6047 overnight. Those lines are headed for 6050ish this afternoon. If ES holds above that, it's good for a pop. 

For moron the markets see:

• Gold Chart Cycles Show Mixed Signals: Trading Range Continues as Long-Term Uptrend Remains Intact December 10, 2024
• Stock Cycles Point Upward but High Due Soon with S&P Near Projections – Technical Trader ReportDecember 9, 2024
• Technical Stock Screens Reveal- 2 Buys and 2 Short Sale Picks This Week December 9, 2024
• Stock Market Outlook: Extreme Valuations, Liquidity Growth, and the Road to the Next Bear Market December 8, 2024
• Giant Gain in November Withholding Tax Collections
•  December 4, 2024
• Gold’s Trading Cycle Alignment Has Potential December 3, 2024
• Ponzi Much? Understanding Treasury Debt and Market Fragility November 20, 2024

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[Takachi-1]

Doc, IMO if someone knows how to use your insight and experience, you are invaluable.  That is, no one is right all the time, but you put out there every day and in detail once a week, the guardrails one has to have to negotiate any market.  l am good at what I do scalping small returns (in volume), but you are awesome at expanding my horizon to keep me out of trouble when the winds change.

Maybe there is someone out there who is more accurate, but there is no one more insightful and more authentic.  It would be like trying to navigate without the North Star if you weren't my constant companion on this journey.

[Jorma]

Personally I think your work would be 100 times more effective if it was free.  Then you can give up the demands of regular posts. The proprietary model in this arena of markets and macro economics doesn't work very well. So why stick with it?

[potatohead]

Really appreciate your writings and work. Been in the financial business since 1992, so I can appreciate your humor and detailed analysis. Everyone is a genius at the top. Biggest newsletter company

 

[DrStool]

30 minutes ago, Jorma said:

Personally I think your work would be 100 times more effective if it was free.  Then you can give up the demands of regular posts. The proprietary model in this arena of markets and macro economics doesn't work very well. So why stick with it?

Free? How will I eat and pay the lektrik bill? Not to mention the mensuel. 

[potatohead]

12 minutes ago, DrStool said:

Free? How will I eat and pay the lektrik bill? Not to mention the mensuel. 

"You'll own nothing and be happy"....World Economic Forum

[specie]

man, i feel more and more detached from other peoples reality every day.  Is it just me?

 

Free?

[DrStool]

1 hour ago, Takachi-1 said:

Doc, IMO if someone knows how to use your insight and experience, you are invaluable.  That is, no one is right all the time, but you put out there every day and in detail once a week, the guardrails one has to have to negotiate any market.  l am good at what I do scalping small returns (in volume), but you are awesome at expanding my horizon to keep me out of trouble when the winds change.

Maybe there is someone out there who is more accurate, but there is no one more insightful and more authentic.  It would be like trying to navigate without the North Star if you weren't my constant companion on this journey.

Will you be my marketing director? 😂

[potatohead]

I think we have a mergers and acquisitions team in Washington

[DrStool]

That's for real? 

[DrStool]

The slush fund has bottomed. With T-bill paydowns already under way, this line will rise relentlessly with the return of the debt ceiling on Jan 2. The fund will rebuild until the last act of Debt Ceiling Kabuki, coming to a Wall Street Theater near you in 2025. 

Stock Market Outlook: Extreme Valuations, Liquidity Growth, and the Road to the Next Bear Market 

[Takachi-1]

Doc, did you ever think about offering a (moment in time) packaged cycle analysis to specific sectors. 

[DrStool]

So Stansberry left Agora and Agora all but disappeared. However, who really is the show here. Same corporate location. Baltimore. 

Sincerely, Porter Stansberry Chairman & CEO MarketWise, Inc.

[DrStool]

15 minutes ago, Takachi-1 said:

Doc, did you ever think about offering a (moment in time) packaged cycle analysis to specific sectors. 

Nope.  😊

[DrStool]

2 hours ago, DrStool said:

That's for real? 

Yep.