Breaking news, updates, and reports on current events.
https://twitter.com/anilvohra69/status/1281427148297826305 This rally is ALL tech. While 76% of NASDAQ 100 members are above their 200 dma, less than 40% of S&P members are above their 200 dma. Tech is trying to lift up the index, other stocks aren't participating. This has pushed the gap in breadth to an all-time high. Worrisome? pic.twitter.com/tqMtoc4boA — SentimenTrader … Read more
equity outflows continue pic.twitter.com/QVOHjfHp80 — Alastair (@StockBoardAsset) July 10, 2020 Global industrial stocks are sprinting back to the lows in relative terms. At these lvls, industrials are telling you that ISM New Orders are way too high. This return to expansion should be a brief one. Bond yields are telling you exactly the same thing. … Read more
Plain and simple. What happens if the Fed keeps doing QE? ▪️Gold, silver & miners will explode to the upside. If they stop? ▪️Stocks will collapse. Buy gold & sell stocks. pic.twitter.com/QwEGGQpSt2 — Otavio (Tavi) Costa (@TaviCosta) July 8, 2020 Buy gold & sell stocks. H/T @Nysedaytraders pic.twitter.com/mhOueoBjQd — Otavio (Tavi) Costa (@TaviCosta) July 8, … Read more
by Michael Snyder The stunning Supreme Court decision regarding Donald Trump’s tax records is making headlines all over the globe, and this is causing a far more important Supreme Court decision to fly under the radar. In a 5-4 decision written by Neil Gorsuch and joined by four of the other liberal justices, the U.S. … Read more
by Charles Hugh-Smith As the inverted pyramid collapses, the effects will be non-linear. Round about late March, we entered a Financial FantasyLand in which all the sins and excesses of rampant financialization were going to be painlessly washed away. Mever mind the entire U.S. economy is an inverted pyramid of balance-sheet “value” and debt resting on … Read more
by Egon von Greyerz As the world economy desperately tries to navigate to a safe harbour, is it going be pulled down by the six-headed monster Scylla or the Charybdis whirlpool (Homer’s Odyssey). It seems likely that Scylla is now starting to swallow parts the world before Charybdis will finish it off. A world severely … Read more
by visualcapitalist The Importance of Asset Classes Asset allocation is one of the most important decisions an investor can make. In fact, studies have found that the percentage of each asset type held in a portfolio is a bigger contributor to returns than individual security selection. However, it’s important for investors to select asset classes that … Read more
via apnews: NEW YORK (AP) — Still reeling from the coronavirus pandemic and street protests over the police killing of George Floyd, exhausted cities around the nation are facing yet another challenge: a surge in shootings that has left dozens dead, including young children. The spike defies easy explanation, experts say, pointing to the toxic mix of issues … Read more
https://youtu.be/ycTmLSbTIdA Tucker Carlson rips the mask off the Democrat party: He’s gone full constitutional warrior, tackling the Democrat’s cynicism, and calling out the dual leftist practices of violence and censorship. Every day, Carlson is better than the day before CLOWN WORLD: Study Finds 92% Of Leftist Are Actually Basement Dwelling Adult Children A Study Found … Read more
https://twitter.com/MarkDice/status/1281044736237682688 Major Democrat media figurehead and CNN golden goose Don Lemon’s recent interview with Hollywood star Terry Crews was a complete and utter catastrophe for the Black Lives Matter narrative.
by Joocystarbursts0316 Source: https://www.bls.gov/web/laus/laumstrk.htm US Department of Labor
Ummm…. 👀 He has zero clue what he’s saying.pic.twitter.com/xbgIpjyIvb — Jenna Ellis (@JennaEllisEsq) July 8, 2020
By Tsvetana Paraskova The oil demand crash in April, when most of America was under stay-at-home orders, resulted in the biggest monthly inventory jump in U.S. commercial crude oil inventories in data going back to 1920, the U.S. Energy Information Administration (EIA) said on Thursday. In April, U.S. commercial crude stocks soared by 46.7 million barrels, or … Read more
from Financial Survival Network Eric Hadik returns… It appears that the US Dollar has peaked. Metals prices will be going up, especially silver. We saw silver go to multi-year lows but Eric believed that after the second quarter of 2020, silver would become the leader and would advance rapidly. This trend will continue through at least the second … Read more
Should you stop using the word ‘marijuana’? Here’s a question to ponder this morning: should people use the word “cannabis” or “marijuana” when referring to the psychoactive plant? That sounds like a pretty left-field question for a Wednesday morning, we know. But it was sparked by a lengthy discussion in the Ars office this morning, … Read more
https://www.youtube.com/watch?v=198oi6-6uzc David Krayden from The Daily Caller reports, Civil rights attorney Leo Terrell pounded the Democratic National Committee (DNC) Friday for playing the “race card” with Mount Rushmore and equating the iconic monument to “white supremacy.” Read More/Source/Credit/FairUse: https://dailycaller.com/2020/07/04/leo-terrell-embarrassed-democrat-dnc-race-card-mount-rushmore-white-supremacy/
https://www.youtube.com/watch?v=Ie8c-aqU08s For many years, in the United States a house was a necessity for every family; it was a need but in recent decades, the elites have turned houses into speculative assets. Because of this, it is now possible for people to bet on houses just like the stock market and this is what is … Read more
https://www.youtube.com/watch?v=oJRX6miEB8Y Beth Baumann from Trending Politics reports, All across the nation, Independence Day fireworks and parades were canceled. Lawmakers cited concerns about spiking cases for canceling events that draw a large crowd. In California, Gov. Gavin Newsom and Barbara Ferrer, the Director of Public Health, made the decision to close beaches and cancel firework displays … Read more
Watch the latest video at foxnews.com Despite recent polls that identify Joe Biden as the heavy favorite in 2020, a political science professor is still standing by his prediction model that shows President Trump having a “91 percent” chance of winning in November. Mediaite reported on Wednesday that Stony Brook professor Helmut Norpoth is doubling down on his “Primary Model,” which has correctly predicted five … Read more
via futurism: In an announcement, NASA outlined a whopping 80 recommendations for Boeing to fix its astronaut shuttle. It’s the final assessment of the agency’s investigation that followed a botched December test flight that almost ended in disaster. The news comes after Boeing was found in February to have failed to conduct an “end-to-end” test of … Read more