On Wire

Cassandra usually turned out to be right. So has David Shor, the Democratic Cassandra who was fired last June from his job as a poll analyst for the Joe Biden polling firm Civis Analytics for tweeting, after rioting broke out from a Minneapolis suspect’s death in police custody May 25, that violent rioting in 1968 cost Democrats … Read more

by cclagator Market Volatility At the close on Friday, SPY options were pricing in about a 2% move in either direction for the upcoming week. That corresponds to about $376 to the downside and $392 on the upside. The Nasdaq and Russell saw wild swings last week and options are pricing larger moves for this week than SPY: QQQ … Read more

Q5. The 2020 Form 1040 asks whether at any time during 2020, I received, sold, sent, exchanged, or otherwise acquired any financial interest in any virtual currency. During 2020, I purchased virtual currency with real currency and had no other virtual currency transactions during the year. Must I answer yes to the Form 1040 question? … Read more

While speaking with Author Mike McCormick, and National Pulse Editor-in-Chief Raheem Kassam on The War Room, host of the show Steve Bannon said it is time to get ready for the transition from President Joe Biden to Kamala Harris. Bannon pointed to Biden’s current well being, saying that his “eyes are now dead,” also noting … Read more

The families were harassed over their “white privilege” as they entered the Louisville International Convention Center for the competition. This was allowed by local police. https://twitter.com/zerosum24/status/1368333475556818948 https://www.thegatewaypundit.com/2021/03/blm-protesters-threaten-little-girls-small-children-outside-cheerleading-competition-louisville-video/   h/t thilliker2

ahahaha, this is amazing. A SPAC that named itself "Ark" to try to capitalize on ARK has already changed its name in the wake of ARKK's bear market https://t.co/zgAM95Lltp HT: @JulianKlymochko pic.twitter.com/SVFz0kT9ID — Joe Weisenthal (@TheStalwart) March 8, 2021 10-year US Treasury yields are getting dangerously close to 1.65%, where another MBS squeeze will materialize … Read more

This reveals why inflation (i.e., an increase in the currency supply) is a TAX The more $ circulating, the less each dollar buys. Most of those cheering the $1.9 trillion in fresh stimulus are ignoring the resulting tax we will all pay in devalued income/savings https://t.co/pNCBMWOrqC — Adam Taggart (@adamtaggart) March 7, 2021 Wall Street's … Read more

The year is just getting started and US fiscal deficits already reached another record. Now at its worst level in 70 years. The current fiscal spending path will lead to record Treasury issuance this year. pic.twitter.com/HLCL2PrQqk — Otavio (Tavi) Costa (@TaviCosta) February 28, 2021 With the decline in tax revenues and other discretionary and non-discretionary … Read more

Interesting how tech is being basically moved lower according do the article by the anticipation of a better economy and higher interest rates! Article seems to imply, at least IMHO, that many investors are switching from hype to more technically based companies for investment and maybe more realistic market caps. IE maybe picking singular stocks … Read more

by boii0708 TLDR; make smaller trades, trade different stocks for diversification, and make sure your portfolio isn’t 100% dependent on either the market or volatility going in a particular direction. I’ve been seeing a lot of posts lately from people blowing up their accounts in one way or another, and I would say most if … Read more