Technical Setup: A Correction is Coming

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by The Phoenix Let’s set politics aside today and focus on the stock market. From a technical analysis perspective, the market has become extremely overstretched and is due for a correction. The S&P 500 is trading above its monthly Bollinger Bands to the upside (red circle in the chart below). This means the stock market is now three standard … Read more

Why China Will Become #1 World Economy

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by Martin Armstrong QUESTION: I believe you have said that in order for the Chinese to become the next superpower and be the monetary capital of the world the rule of law would have to exist. Given the recent take down of Alibaba how can one have faith in a system governed by a communist hierarchy? … Read more

U.S. Retail Sales (October 2020): Sensing Some Fatigue

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BMO Not exactly a “Monster” of a report, unlike the single that will be dropped this Friday, but it has been six months since the recovery began so some slowing is completely expected. U.S. retail sales rose 0.3% in October, below expected but still the sixth straight monthly gain and 5.7% above year-ago levels. However, momentum has … Read more

For The NIO Earnings Players

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by dnautatrades Some information that will help you plan your trades! Current MMM: +/- $6.50 (NIO needs to move more than this dollar amount in the direction you’re playing it to make money on your options) IV of options expiring this week: 222.11% IV of options expiring next week: 178% ^^^ there’s about 44% of volatility … Read more

Trading the other side of TSLA S&P addition

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by YellenTheDestroyer The big day is here, Elon has delivered. TSLA is finally entering the S&P 500. That means 422b of new market cap, the biggest company ever to be added to the S&P. On the other hand, we will likely see one or more tickers removed from the index which could mean short term … Read more

Bitcoin just touched a record market value, exceeding its 2017 top

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https://www.marketwatch.com/story/bitcoin-just-touched-a-record-market-value-exceeding-its-2017-top-11605643255 The world’s most prominent digital currency on Tuesday is back to carving out records just like it was 2017. The No. 1 crypto’s nearly 8% weekly rise and 30% gain so far in November has helped the asset hit a market value of around $328 billion, according to digital-currency data site CoinMarketCap. That level … Read more

Attentional Bias on the Robinhood Platform Causes Herding by “Naive” Investors That Hedge Funds can Short.

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Interesting read: Herding by ‘Naive’ Robinhood Traders May Be Good Signal to Short https://finance.yahoo.com/news/herding-naive-robinhood-traders-may-153448816.html “Users of the millennial-friendly app — the first to offer commission-free trading — are more likely to chase popular stocks with extreme performance. The result is herding that ultimately becomes a drag on those companies’ returns, according to the latest academic … Read more

With a Biden Win, The War Party Will Be Back in Full Force

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by Alice Salles via Mises If Democratic candidate Joe Biden is elected America’s forty-sixth president, what happens to the mandate to end the endless wars? It doesn’t go away, but rather falls on the Democrat-controlled House and (presumably, for now) Republican-controlled Senate. President Donald Trump was elected partly due to his promise to rein in the … Read more

When electric cars and trucks rule the world, everything will stop dead when it gets cold outside

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But isn’t that what jumper cables are for? TECHStudy Shows Electric Cars Become Practically Useless In Cold Weather ublished 12 months ago on December 1, 2019 By Michelle Williams According to recent studies, cold temperatures significantly reduce the performance of electric cars, especially when it comes to battery life. One study by AAA suggested that … Read more

UK Gov wants to house Migrants on luxury cruise ships costing £140 a night with room service

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Inside the cruise ships migrants would stay on under Priti Patel’s new plans MIGRANTS would be given “hotel-style” room service while being held on two giant ferries out at sea, The Sun can reveal. And plans put before Home Office ministers reveal one migrant staying in a cabin alone would cost taxpayers up to £140 … Read more

Lawyer Sidney Powell provides insight into election irregularities, potential illegal actions and more – via ‘Greg Kelly Reports.’

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“I Think We’ll Find He Had At Least 80 Million Votes!” Sidney Powell on The Magnitude of President Trump’s 2020 Win “And the will of the people in this country was that Donald Trump win in a landslide. If we can get to the bottom of it, and I am determined to do that, I … Read more