Technical Setup: A Correction is Coming

by The Phoenix Let’s set politics aside today and focus on the stock market. From a technical analysis perspective, the market has become extremely overstretched and is due for a correction. The S&P 500 is trading above its monthly Bollinger Bands to the upside (red circle in the chart below). This means the stock market is now three standard … Read more

Why China Will Become #1 World Economy

by Martin Armstrong QUESTION: I believe you have said that in order for the Chinese to become the next superpower and be the monetary capital of the world the rule of law would have to exist. Given the recent take down of Alibaba how can one have faith in a system governed by a communist hierarchy? … Read more

U.S. Retail Sales (October 2020): Sensing Some Fatigue

BMO Not exactly a “Monster” of a report, unlike the single that will be dropped this Friday, but it has been six months since the recovery began so some slowing is completely expected. U.S. retail sales rose 0.3% in October, below expected but still the sixth straight monthly gain and 5.7% above year-ago levels. However, momentum has … Read more

For The NIO Earnings Players

by dnautatrades Some information that will help you plan your trades! Current MMM: +/- $6.50 (NIO needs to move more than this dollar amount in the direction you’re playing it to make money on your options) IV of options expiring this week: 222.11% IV of options expiring next week: 178% ^^^ there’s about 44% of volatility … Read more

Bitcoin just touched a record market value, exceeding its 2017 top

https://www.marketwatch.com/story/bitcoin-just-touched-a-record-market-value-exceeding-its-2017-top-11605643255 The world’s most prominent digital currency on Tuesday is back to carving out records just like it was 2017. The No. 1 crypto’s nearly 8% weekly rise and 30% gain so far in November has helped the asset hit a market value of around $328 billion, according to digital-currency data site CoinMarketCap. That level … Read more

Attentional Bias on the Robinhood Platform Causes Herding by “Naive” Investors That Hedge Funds can Short.

Interesting read: Herding by ‘Naive’ Robinhood Traders May Be Good Signal to Short https://finance.yahoo.com/news/herding-naive-robinhood-traders-may-153448816.html “Users of the millennial-friendly app — the first to offer commission-free trading — are more likely to chase popular stocks with extreme performance. The result is herding that ultimately becomes a drag on those companies’ returns, according to the latest academic … Read more

With a Biden Win, The War Party Will Be Back in Full Force

by Alice Salles via Mises If Democratic candidate Joe Biden is elected America’s forty-sixth president, what happens to the mandate to end the endless wars? It doesn’t go away, but rather falls on the Democrat-controlled House and (presumably, for now) Republican-controlled Senate. President Donald Trump was elected partly due to his promise to rein in the … Read more

When electric cars and trucks rule the world, everything will stop dead when it gets cold outside

But isn’t that what jumper cables are for? TECHStudy Shows Electric Cars Become Practically Useless In Cold Weather ublished 12 months ago on December 1, 2019 By Michelle Williams According to recent studies, cold temperatures significantly reduce the performance of electric cars, especially when it comes to battery life. One study by AAA suggested that … Read more

President Trump: Chris Krebs has been terminated as Director of the Cybersecurity and Infrastructure Security Agency with immediate effect.

The recent statement by Chris Krebs on the security of the 2020 Election was highly inaccurate, in that there were massive improprieties and fraud – including dead people voting, Poll Watchers not allowed into polling locations, “glitches” in the voting machines which changed… — Donald J. Trump (@realDonaldTrump) November 18, 2020

Massive Go Daddy Hosting Outage

Godaddy comments are brutal https://downdetector.com/status/go-daddy/ All my websites with Godaddy are currently down and I am unable to log into the Godaddy Console either. — Tajender Singh Virk (@techn0h0lic) November 18, 2020 GoDaddy has completely shit the bed I guess? Another "24/7 easy always up" cloud service failing me? How many people are going to get … Read more

Gerald Celente: Biden Time – Mask-Up, Bend Over and Take Your Shot!

Trends Research, Released on 11/17/20 Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered … Read more

Senate blocks trumps nomination of judy shelton to the fed reserve chair… She wants Gold reserve backed dollar

Senate voting to invoke cloture on nomination of Judy Shelton to the Federal Reserve Board. She has advocated for a return to the gold standard & been a critic of the Fed, which she may soon join. So far…. Sen. Bennet voted NoSen. Gardner voted Yeshttps://t.co/y4KmdkuXig — Caitlyn Kim (@caitlynkim) November 17, 2020 .@SenatorBennet's statement … Read more

Trump Orders Pentagon to Remove 2,500 Troops from Iraq and Afghanistan by Jan 15

The Trump administration announced Tuesday it will draw-down 2,500 troops from Iraq and Afghanistan by January 15th. "I celebrate this day as we continue the president's consistent progress in completing the mission we began two decades ago," says Miller. pic.twitter.com/cG2ErYHElm — Steve Herman (@newsguyusa) November 17, 2020 #BREAKING: Trump orders Pentagon to pull 2,500 troops … Read more