[NYTimes] Sources describe horror stories of young and inexperienced investors on Robinhood, many engaging in riskier trades at far higher volumes than at other firms

https://www.nytimes.com/2020/07/08/technology/robinhood-risky-trading.html Richard Dobatse, a Navy medic in San Diego, dabbled infrequently in stock trading. But his behavior changed in 2017 when he signed up for Robinhood, a trading app that made buying and selling stocks simple and seemingly free. Mr. …

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Tracking by JPMorgan of 30 million credit/debit cardholders shows spending has stalled since late June; with activity widespread across states, data suggest it may be difficult for risky assets to rise much further

Tracking by @jpmorgan of 30 million credit/debit cardholders shows spending has stalled since late June; with activity widespread across states, data suggest it may be difficult for risky assets to rise much further pic.twitter.com/8KO5yk2LPr — Liz Ann Sonders (@LizAnnSonders) July …

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Double Dip Or Prolonged Recession?

by UPFINA The labor market could be in trouble. It might be weakening which shouldn’t be surprising because over 1/3rd of the economy is facing an economic contraction due to COVID-19 coming back into the forefront. Weakness is devastating when you start …

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Nasdaq gets the kiss of death

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. …

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Equity outflows continue, $248B of liquidity withdraw in the last 4 weeks, global industrial stocks are sprinting back to the lows in relative terms.

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 …

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Travel Virus Strikes Economy

by Patrick Watson We’ve escaped the frying pan and found the fire. COVID-19 cases are now growing faster than they were when the first US lockdowns occurred last March. I live near Austin, Texas, one of the hotspots where hospitals …

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Texas’ Lt.Gov Dan Patrick Says BLM Is A Communist Organization taking over the education system to indoctrinate kids and turn them against their parents

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 …

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Before Don Lemon sold his soul…

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.  

Has the Dollar Peaked with Eric Hadik

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 …

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WOW! Long-Time Dem Makes Shocking Admission That Will EMBARRASS Every Liberal America

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/