Democrats Move to Ban Trump Supporters From Joining the Military and Holding Federal Jobs

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WASHINGTON—U.S. Representative Stephanie Murphy, D-Fla., a member of the House Armed Services Committee, will introduce legislation to disqualify participants in the violent assault on the United States Capitol and members of the conspiracy movement QAnon from obtaining or maintaining a federal security clearance, which an individual must possess in order to hold a national security position and to access … Read more

How the Fed Fails

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by Charles Hugh Smith via Of Two Minds The Fed will fail as a result of two dynamics: diminishing returns and the U.S. dollar’s role as a global reserve currency. The Fed’s reign as the godhead of financier-banker supremacy has been fun and games for the past 12 years of stock market euphoria, but that’s about to change. All those expecting … Read more

President Biden signs ‘Buy American’ executive order, requiring U.S. manufacturing through the federal procurement process.

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President Joe Biden signed an executive order Monday aimed at promoting the “Buy American” agenda he campaigned on last year, which seeks to bolster U.S. manufacturing through the federal procurement process. The executive order directs agencies to strengthen requirements about purchasing products and services from U.S. workers and businesses, cuts some red tape and creates … Read more

GameStop stock soars in recent retail bull attack

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Yesterday, Melvin Capital got fleeced at their own game. Coordinated on Reddit retail investors were able to drive the stock at one point almost over $100/share to $160/share on the day for a company that has been in the news recently as another failing business amongst many closing hundreds of their buildings while wallstreet was … Read more

Trump opens a new office in Florida

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He has a plan? Former US President Donald Trump opened an office in Florida on Monday to continue his administration’s agenda and handle his duties as a former president. In a statement, the office said: “The Office will be responsible for managing President Trump’s correspondence, public statements, appearances, and official activities to advance the interests … Read more

Busted Biden Secretary of State nominee Tony Blinken caught in emails on Hunters laptop!

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Biden Secretary of State Pick Caught on Hunter’s Laptop, Linked To China! Tony Blinken, the Biden administration’s nominee for Secretary of State, managed a Joe Biden project that received millions of anonymous Chinese donor dollars. Blinken appeared a handful of times in emails found on Hunter Biden’s laptop agreeing to advise Hunter Biden when Hunter … Read more

Credit Card Delinquencies Not A Problem?

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by UPFINA We’ve discussed in prior articles how consumers aren’t leveraged. However, when someone loses their job even if they only owe a small amount on their credit cards, it becomes a big problem. Luckily, last year the government came to the rescue with very strong unemployment benefits that paid some people more than their normal … Read more

Everything Is Broken

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by Charles Hugh-Smith I’d say more about Big Tech but since they’ve ‘privatized totalitarianism’, I fear being ‘digitally disappeared’ if I dare criticize Big Tech. Mr. Bob Dylan was once again prescient: Everything Is Broken. You may think I’m referring to the political system or Big Tech or the Corporate Media, and certainly all those are … Read more

The $GME monthly non-log deserves a shout out

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$GME is now a 20 SD event. pic.twitter.com/hY74mtV8Iu — Arun S. Chopra CFA CMT🧐 (@FusionptCapital) January 25, 2021 pic.twitter.com/7kRp8K8ZCT — Arun S. Chopra CFA CMT🧐 (@FusionptCapital) January 25, 2021 All you need to trade this market pic.twitter.com/TMwJF4rFMB — zerohedge (@zerohedge) January 25, 2021

Blackberry (BB) Strategic Analysis using Options

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by Baraxton Hey ladies and gents, hope you’re having a great weekend. Just dropping in a quick strategic analysis on Blackberry. The details of the discussion are applicable for the week ahead and can be found below: Expected move: +/- $3.00 Upper Expected move: $17.00 Lower Expected move: $11.00 Potential move: +/- $3.90 Upper Expected … Read more

Sen. Marsha Blackburn: The government can’t spend its way to prosperity. Janet Yellen’s plan to spend trillions more in stimulus and push for high taxes and a federalized minimum wage are reasons I voted no to confirm her as Treasury Secretary.

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The government can’t spend its way to prosperity. Janet Yellen’s plan to spend trillions more in stimulus and push for high taxes and a federalized minimum wage are reasons I voted no to confirm her as Treasury Secretary. pic.twitter.com/Z0DnVUQdwj — Sen. Marsha Blackburn (@MarshaBlackburn) January 26, 2021

GME’s latest Short Interest after Jan 22 EOD is 70.97M. Cost of borrowing also increased

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by nafizzaki After Friday’s close, SI reached 70.97M from Jan 21’s SI of 70.46M. Institutional cost of borrowing also increased very slightly to 24.2%. GME SI left to the rightmost column(exported from ORTEX data) We know GME absolutely ripped in Friday due to gamma hedging. Some old shorts covering could have been the main reason … Read more

Investments are funny things. The higher the price, the more people want them.

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Investments are funny things. The higher the price, the more people want them. — Peter Atwater (@Peter_Atwater) January 25, 2021 Over 32 million call options traded today, the 2nd most on record (highest was in November) pic.twitter.com/l5GmKhZyNK — Sarah Ponczek (@SarahPonczek) January 25, 2021 INVESTORS ARE AGGRESSIVELY DOING LONG U.S. STOCKS AND EXPECT THE U.S. … Read more

Mohamed El-Erian fears the Fed’s policies will lead to asset bubbles bursting

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CNBC, Released on 1/25/21 “It’s the classic parenting problem: take away the candy and you’ll get a tantrum. But keep on suppling candy, it doesn’t make things any easier,” Mohamed El-Erian, economic advisor at Allianz and Gramercy and president at Queens College, Cambridge told CNBC’s “Squawk Box” Monday. “At some point you’ve got to really … Read more