On Wire

by Michael Ballanger via Streetwise Reports On Dec. 24, 2018, with the S&P 500 trading at 2,351, I tweeted out the following comment concerning the crash in the S&P 500: “The time to be short has passed. . .” The RSI (Relative Strength Index) was under 20 and a new bear market had finally (technically) arrived. Yet, despite … Read more

BY SVEN HENRICH $VIX 50+ Target. Do I have your attention? What I’m about to share is not my chart, it’s the Vixen’s chart. And when she posts charts of the $VIX I’ve learned to pay attention as she’s shown time and time again the $VIX can be charted. Mella is famous for keeping things simple stupid … Read more

by Dana Lyons The stock rally has gotten overbought – is it a sign of further momentum or of the end-game? There are many ways to determine overbought and oversold conditions in the stock market. We recently took a look at the overbought nature of the market from a long-term, 30,000-foot perspective. Today, we look at things … Read more

via READY NUTRITION: There are many potential dangers associated with winter weather, but there’s one you might not have given much thought to snow and ice on your home’s roof. It is unclear how many deaths per year are caused by snow accumulations on roofs, but nearly every winter, there are reports of such deaths that … Read more

by DCG No surprise here seeing as how the actor can’t control his foul mouth or his temper. From NY Post: Robert De Niro showed he can still be a “Raging Bull” Thursday as he had a meltdown outside a Manhattan courthouse, screaming at his driver for not showing up at the right place. The “Goodfellas” actor went nuts while frantically … Read more

She’s going to single-handedly blow up the Democratic party. She’s a gift to the Republicans. Watch this mess.     AC

Wanting to know if the people who support socialism had ever heard from people who’ve suffered under it, Campus Reform’s Cabot Phillips headed to a Venezuelan Freedom rally in Washington, D.C. It soon became abundantly clear that the Venezuelans in attendance were horrified by the idea of bringing socialism to the United States. Asking them, … Read more

Fox Business, Released on 2/7/19 Danielle DiMartino Booth spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulting firm and launched a weekly economic newsletter She is the author of Fed Up: An Insider’s Take … Read more

President Trump earned an A+ in his State of the Union (SOTU) address in Congress this week. He laid out his vision for America, and according to the mainstream media polling, he received as high as 76% positive ratings. This is surprising because 90% of the coverage (Harvard & MRC research) of the Trump Administration … Read more

by Jesse Colombo Business Insider published a piece this week called “China’s hopes of becoming the world’s largest economy are hitting a major roadblock“: China’s economy is growing at its slowest pace in nearly three decades, and some economists say the worst is yet to come. Growth potential in China is expected to slow to … Read more

via CNBC: Earnings estimates keep coming down and now the first quarter forecasts are calling for a negative quarter for the S&P 500. But the year 2019 profits don’t look much better, and could end up growing at just about 1.5 percent. Analysts have already been cutting their full-year growth estimates, and 2019 S&P 500 … Read more

by John Ward I’m grateful to a threader at The Slog for reminding me that the media censorship between the UK and the EU at the moment is a two-way street….or barricade, depending on your viewpoint. He’s right: all élites are feeding propaganda to their electorates. But at the same time, there only appears to be a war … Read more

By Rystad Energy In a major shift, the United States is set to produce more oil and liquids than Russia and Saudi Arabia combined by 2025. In Rystad Energy’s base case oil price scenario, US liquids production is forecast to surpass 24 million barrels per day over the next six years, thereby outpacing the combined output from … Read more