Wormhole hacked for $320 million

The wormhole network was exploited for 120k wETH. ETH will be added over the next hours to ensure wETH is backed 1:1. More details to come shortly. We are working to get the network back up quickly. Thanks for your patience. — Wormhole (@wormhole) February 2, 2022 According to industry service Elliptic, the hackers created … Read more

The UK is ahead in the tightening cycle.

The UK is ahead in the tightening cycle. Look at the #yieldcurve to see how much room the Bank of England has left to tighten. The yield curve has flattened to just 21 basis points. A hike of 0.50% would almost certainly have inverted the yield curve already. pic.twitter.com/2kDv1R4DlQ — jeroen blokland (@jsblokland) February 3, … Read more

Commodity Prices Are Exploding Out Of Control; Food Prices Climbing Closer Toward Record High…

  https://twitter.com/baw690/status/1488879350329970690 Janet Yellen defended the size of the stimulus package that many blame for fueling inflation, though she conceded that describing rising prices as “transitory” was a mistake. — unusual_whales (@unusual_whales) February 3, 2022 Food Prices Climbing Closer Toward Record High… The United Nations’ index of prices rose 1.1% in January, pushed up by … Read more

I smell blood in the water – exploiting potential $FB Related margin calls

by DarklyAdonic After seeing $FB down 23% afterhours, I saw some comments talking about margin calls happening tomorrow.  And that made me think, is there anyway to exploit these theoretical margin calls for our profit? A fund likely to get margin called will be overleveraged with FB, resulting in its other holdings getting sold off disproportionately.  … Read more

Single-payer healthcare fails in California — again

Single-payer healthcare has gained popularity in the Democratic Party, thanks in part to the advocacy of Vermont Sen. Bernie Sanders. Yet the scheme has been abandoned both in his own uber-liberal home state of Vermont , in Colorado, and in the liberal bastion of California. In the Golden State, in fact, single-payer just suffered its … Read more

Round 2 of this winter storm is well underway…

Round 2 of this winter storm is well underway. Not only is the ice threat greater today, but we also have the threat for flooding and severe weather across parts of the South Central and Southeast. Read more here: https://t.co/C8Hb1Xkrf5 @accuweather pic.twitter.com/MavCdMQ5lQ — Michelle Rotella (@MRotellaWx) February 3, 2022 Several more inches of #snow will … Read more

Amazon Insiders Selling, After FB I’d expect a mediocre Amazon Earnings Report Thurs

by Theodamusei 33 amazon insider stock sells and 0 insider buys in the past 3 months. 98 amazon insider sells and only 1 buy in the past 12 months Insiders bought 3.4k shares while insiders sold 3.28 MILLION shares. https://www.nasdaq.com/market-activity/stocks/amzn/insider-activity AND “PayPal warns that consumer spending is about to fall sharply” https://amp.cnn.com/cnn/2022/02/02/investing/paypal-consumer-spending-stock-earnings Based off of this I’d … Read more

Discovered Communications within the US Litigation Against Citadel & Robinhood in the days surrounding the January Buy Freeze, where brokers shut off buying and tanked target stocks. The judge declared there was not enough evidence to move to discovery, and ruled manipulation is legal under TOS

by ringingbells Here is a very digestible format, you may find this quite interesting. Each image has a page number that corresponds directly with the Florida litigation that it was transcribed from, so your next step is to check out the source material to see if this is the real deal or not. Source: Raw PDF Florida … Read more

Former Democratic Presidential Candidate Explains Why Kamala Harris Has Been A Complete Disaster

https://www.youtube.com/watch?v=TXsMCZ7eaUw Dillon Burroghs from The Daily Wire reports, Former Democratic presidential candidate and Hawaii congresswoman Tulsi Gabbard blasted President Joe Biden over his promise to choose a Supreme Court nominee based on “skin and sex” rather than qualifications, noting his move to do so with Vice President Kamala Harris has been a “disaster.” Read More/Source/Credit/FairUse: … Read more

Facebook $FB printing the biggest earnings disappointment in the history of the FANGMAN Big Tech era.

https://twitter.com/MilwaukeeBonds/status/1488989323076775943 $FB lost daily users for the first time ever last quarter. — unusual_whales (@unusual_whales) February 3, 2022 $FB -$195B market cap loss could be largest single stock wipeout in history. pic.twitter.com/JHL7XZ3zi6 — Gary Black (@garyblack00) February 3, 2022 FACEBOOK Owner META Set for $200 Billion Wipeout… Worst in Market History… Zuckerberg wealth plunge… Earnings … Read more

How to Reinvigorate Your Monthly Budget

Do you ever get the feeling that your monthly budget needs a makeover? If so, don’t hesitate to take on the challenge. For millions of working people, the idea of tinkering with the budget is something that gives pause. Actually, you should be updating and fine tuning your monthly budget at least twice per year. … Read more

GoFundMe has frozen the official fundraising account for “Freedom Convoy 2022” pending review.

NEW: After surpassing $10M in funds raised, GoFundMe has put the #FreedomConvoy2022 "under review." @gofundme needs to quit playing games. pic.twitter.com/MWxZLMo73Y — Keean Bexte (@TheRealKeean) February 3, 2022 Earlier today Ottawa initiated legal action following calls by the Ottawa City Council and supporters of the Trudeau government to shut it down. The liberals in power presume that … Read more

Marc Faber: There’s a risk of a much deeper downside move in stocks

via Marc Faber: Last month’s report concluded that, “by holding an overweight position in resource and precious metals, Hong Kong shares and value stocks around the world, I am taking the view that going forward these positions will outperform growth and perceived growth stocks such as FAANG, and related companies, semiconductors, social media, cloud computing, SPACs, meme … Read more

It is hard to suggest the Nasdaq is cheap, particularly when you have the most stocks every trading above 20x price-to-sales…Forward earnings are falling

It is hard to suggest the Nasdaq is cheap, particularly when you have the most stocks every trading above 20x price-to-sales.More importantly, forward earnings are falling which, even if the #market stays where it is, will get more expensive.h/t @ISABELNET_SA pic.twitter.com/k2OYrpCe66 — Lance Roberts (@LanceRoberts) February 2, 2022 NEW POST: Still Extreme Levels Of ‘Ridiculousness’ … Read more