Bonds Flashing a Death Cross

By Michael Lebowitz and Lance Roberts Equity futures are opening weaker again this morning. The NASDAQ is faring better than the S&P and Dow futures, which are both down about .35%. This pattern follows yesterday in which the NASDAQ outperformed the S&P and Dow by over 50 bps. All three indexes recovered nicely from nearly … Read more

Waning Number of NDX Stocks In The Uptrend

by Tom McClellan There have been “breadth divergences” galore piling up recently, and there are lots of ways to measure or depict that.  Among these is the indicator shown in this week’s chart, which measures the number of stocks in the Nasdaq 100 Index (NDX) which are above their own 100-day moving averages. In the energetic … Read more

Obama’s Ex-AG is Calling for Riots in the Streets Again

https://www.youtube.com/watch?v=1y6fGf91iO4 The Political Insider reports, Barack Obama’s former Attorney General Eric Holder went on MSNBC on Thursday to tell host Rachel Maddow that protesters needed to be “in the streets” getting arrested in the political fight over voting laws. Read More/Source/Credit/FairUse: https://thepoliticalinsider.com/obama…

Alarm! Hindenburg Omen Flashes Warning … Again! As Is The Buffet Indicator And Shiller’s CAPE Ratio

by confoundedinterest17 The famous Hindenburg Omen, the technical indicator that predicted the 2008 correction in the stock market, has just flashed “ALARM” again. To be sure, there hasn’t been a major correction in the stock market since the financial crisis, primarily because The Federal Reserve has constantly goosed the markets since late 2008. Just as the Shiller CAPE … Read more

Police Chief Execution Video Goes Viral, Taliban On Door To Door Hunt For Afghan Forces, Journalists

  Taliban fighters are conducting door-to-door searches for top Afghan forces leaders. The Taliban abuses and threatens their families to pinpoint their whereabouts. While Taliban leadership still stand by their amnesty call, its fighters are hunting down Afghan spies and commandos in the country. The Taliban executed Haji Mullah Achakzai, the police chief of the … Read more

Facebook ‘bought & buried’ rivals because it lacks ‘talent’ to compete fairly, FTC claims in revived antitrust suit

The US Federal Trade Commission (FTC) has slapped Facebook with an antitrust suit, arguing the firm has become a monopoly that buys up rival companies when it can’t compete fairly, in order to retain market dominance. The FTC filed the complaint on Thursday, accusing Facebook of underhanded and monopolistic business practices while calling for the company to be … Read more

Why the Wheels Are Coming Off

by Charles Hugh-Smith Is that the scent of smoke? What’s that red glare? Must be nothing. Why are the wheels coming off the American Project? Afghanistan is front and center in the news flow for obvious reasons, but since I have no expertise on that nation or America’s role there, I am stipulating these are general … Read more

Everyone with a foot out the door… Again.

Everyone with a foot out the door… Again. pic.twitter.com/apYc4rgd9C — Macro Charts (@MacroCharts) August 20, 2021 Citadel Advisors sold $408B in stocks according to their latest 13F-HR filling, that is 95% of their holdings. There must be a bullish reason to this too. pic.twitter.com/IUTkAc7oO2 — xTrends (@xtrends) August 20, 2021 #recession … #Tech #Bubble 2.0 … Read more

George Gammon: We are truly living in a bizarre parallel universe…

We are truly living in a bizarre parallel universe…👇 Does anyone have a DeLorean I can use to go back to the world where Biff didn’t have the almanac? pic.twitter.com/EUwGGHavij — George Gammon (@GeorgeGammon) August 20, 2021 #recession … #StockMarket #Bubble edition#SPACs 📉 https://t.co/rivTahFTk8 pic.twitter.com/YBLJsisRf7 — Invariant Perspective (@InvariantPersp1) August 20, 2021 Works as long … Read more

Grab founder to have 60.4% controlling interest despite owning a 2.2% stake if SPAC deal goes through

https://www.ft.com/content/4e23cd61-1a8d-4dc5-aba1-8565fce31882 no paywall version: https://asia.nikkei.com/Business/Business-Spotlight/Grab-s-40bn-SPAC-plan-puts-CEO-Anthony-Tan-in-driver-s-seat Grab, the Southeast Asian ride hailing + food delivery + fintech + more buzzwords company receives a $40bn valuation and its founder retains 60.4% voting rights?! According to the FT article I linked, this is similar to mark zuccy and facebook. Grab is getting a deal like facebook’s! Despite strong competition … Read more

American Bar Association wants Law Schools to violate federal law…

The American Bar Association is poised to mandate diversity training and affirmative action at all of its accredited law schools, a move top legal scholars say could jeopardize academic freedom and force schools to violate federal law. The association, which accredits nearly every law school in the United States, is mulling a plan that would require schools … Read more

How AI landed innocent man in jail…

CHICAGO (AP) — Michael Williams’ wife pleaded with him to remember their fishing trips with the grandchildren, how he used to braid her hair, anything to jar him back to his world outside the concrete walls of Cook County Jail. His three daily calls to her had become a lifeline, but when they dwindled to … Read more

Woman begs teen mob for mercy during brutal attack in Chicago…

CHICAGO (CBS) — A woman was begging for her attackers to stop, but they just kept swinging – punching her in the face. Days after the Chicago woman was thrown to the ground by a group of teen assailants downtown, she talked only to CBS 2’s Jermont Terry. https://chicago.cbslocal.com/2021/08/19/woman-beaten-in-downtown-chicago-describes-pain-horror/