Breaking news, updates, and reports on current events.
by northmantrader Magic indeed. From last week’s brief: “For next week bulls have the opportunity to ramp markets anew for OPEX week as these weeks tend to be more favorable than not. The goal would have to be to take another run at the 200MA and above.” My upper risk range last week extended into 2730-2760. Markets indeed closed above the … Read more
Democrat (of course) Congresswoman Nydia Velasquaz from NY threatens a young conservative articulate black kid, telling him to be “very afraid” And why isn’t this all over the MSM? You know if the roles were reversed, and a Republican said this to a liberal teen, the media would have lost their collective minds … Read more
BY SRSROCCO The United States largest oil company, ExxonMobil, is facing a financial train-wreck in its domestic oil and gas sector. And, the majority of the blame can be attributed to Exxon’s move into shale. After Exxon acquired XTO Energy in 2009, a U.S. shale oil and gas producer, it has seriously begun to ramp … Read more
by Troy The S&P’s nonstop rally continues. Since the S&P broke out above its 200 day moving average, a lot of standard trend followers are coming off the sidelines. The stock market’s price action is more bullish than bearish for 2019, but macro is weakening a little. Here’s what this means for the stock market. Source: … Read more
By MINING.com A new report by McKinsey forecasts a rapid switch from gas guzzlers to electric vehicles on the world’s roads will be boosted by the plummeting costs of owning a battery powered vehicle. The consulting firm’s 2019 Global Energy Perspective report foresees a two-thirds drop in the cost of EV battery packs by 2030. The tipping point … Read more
by Disobedient Media Recently, I tweeted about several different batches of emails that made up the DNC emails collection initially published by WikiLeaks on July 22, 2016. In that tweet, I included the following table: The table outlines the last modification dates on the emails (batched by date) and shows the earliest and latest timestamps, minimum ID, maximum ID, … Read more
WASHINGTON — President Donald Trump again indicated this week that he might be open to revisiting the new limit on state and local tax deductions that hits many middle-income residents hard in California and other high-tax, Democratic states. Even so, don’t count on any changes soon to the Republican tax law that went into effect … Read more
this is just a big push to stop the free flow of information all information is a tool use it for good or bad nothing will change people will still seek out information age of information ignorance is a choice and governments want you to have only one choice ignorance ! MD
https://www.youtube.com/watch?v=8q52phH63tY Mary Greeley News – Anthony Weiner is out of the slammer. The disgraced ex-Congressman and former mayoral candidate was released from federal prison in Massachusetts and is now in a reentry center, records show. https://marygreeley.com/?p=81670
ABC 13 News reports, A Colorado sports apparel store owner is closing up shop months after he vowed to ban Nike items because of the brand’s support of Colin Kaepernick. https://www.youtube.com/watch?v=AsjDwsoTYTc Read More/Source/Credit/FairUse: https://abc7chicago.com/5138248/?fbcl… COLORADO SPRINGS, Colorado — A Colorado sports apparel store owner is closing up shop months after he vowed to ban Nike … Read more
Grab a listen, its what I have known but others need to see for themselves. https://www.youtube.com/watch?v=wO4hP3y0Ovo Ken
by Charles Hugh-Smith Europe is awash in credit exhaustion, and so is China. The signs are everywhere: credit exhaustion is global, and that means the global growth story is over: revenues and profits are all sliding as lending dries up and defaults pile up. What is credit exhaustion? Qualified buyers don’t want to borrow more, … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Serious auto-loan delinquencies are now on par with Q2 2009 when millions of people had lost their jobs and when the economy was in free-fall. But today unemployment is low and the economy appears to be humming. What gives? (13 minutes) But then there’s the “average transaction price.” Read… Reverse Sticker … Read more
The fate of the A380 is sealed. By MC01, a frequent commenter, for WOLF STREET: On February 5, German low-cost carrier Germania announced it has filed for insolvency in Berlin and that all flights will be suspended indefinitely. According to the press release, this was due to unfulfilled “short-term liquidity needs,” meaning the company was struggling to raise … Read more
Tan Liu interviewed by Chris Martenson of Peak Prosperity Stocks provide a return to today’s investors via two mechanisms: dividends and capital gains. Dividends provide and income stream which can be qualitatively values. Capital gains result from speculation — an expectation that future dividends will be higher than the market currently expects. But what’s the value of a … Read more
by Lance Roberts On Tuesday, I discussed the issue of the markets being stuck between various short and longer-term moving averages. To wit: “Despite those more macro-concerns, the market has had a phenomenal run from the ‘Christmas Eve’ lows and has moved above both the Oct-Nov lows and the 50-dma. This is clearly bullish in the … Read more
by DCG “I’m not sure what exactly that would entail” was an answer provided to a specific question about this deal. Perfectly sums up this whole boondoggle of a “deal.” h/t Weasel Zippers DCG
by bradok Tulsi Gabbard said in response to a Q&A session after a town hall speech today that she supports Auditing the Federal Reserve and has supported legislation to do so in the past. The connection of the Fed to conspiracy probably doesn’t need a lot of highlighting here.
By Harry Dent In this, the second week of February, we got news that the Federal debt just hit $22 trillion! Can’t say this is news to us. The Federal debt has been doubling about every two administrations (about every eight years): $5 trillion to $10 trillion under President Bush… $10 trillion to $19 trillion … Read more