Stocks Extend Sell Off Into the Close, With the Dow Dropping 493 Points

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Stocks fell sharply in volatile trading on Thursday as the rout in tech — the best-performing sector in the market — resumed after a one-day respite. The Dow Jones Industrial Average closed 405.89 points lower, or 1.45%, at 27,534.58. Earlier in the session, the Dow was up more than 200 points. The S&P 500 slid 1.8% to close at 3,339.19. … Read more

43% of retail investors are trading with leverage: survey

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https://finance.yahoo.com/news/43-of-retail-investors-are-trading-with-leverage-survey-172744302.html According to a Yahoo Finance-Harris poll published on Sept. 9, 33% of people holding stock indicated they’ve been trading more since the pandemic began and a similar number said they’re trading individual stocks more, as opposed to ETFs and mutual funds. The poll surveyed more than 1,000 Americans, from Sept. 4 to Sept. 6. On a similarly bullish … Read more

New Fed Inflation Targeting Restarts More Currency Wars & Worse Beggar Thy Neighbor Policies?

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by Jason Burack of Wall St For Main St As predicted, many high ranking politicians from other countries and central bankers from other countries are angry about the Federal Reserve’s announcement at Jackson Hole last week to let inflation run hot and have a higher inflation targeting policy to try to weaken the Dollar. FULL SHOW NOTES AND … Read more

FANG INDEX NEARING CRITICAL SUPPORT – COULD BREAKOUT AT ANY MOMENT

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by Chris Vermeulen of The Technical Traders RESEARCH HIGHLIGHTS: The washout-low price move in FANG stocks may present a needed rotation in price before another upside move sets up. Tweezer Bottoms pattern and RSI pennant formation suggest very clear support levels. Watch how Volume and the VIX pick up over the next few days, and how price reacts … Read more

STATES/CITIES WITH ACTIVE RECALLS: A growing list of states and cities are currently attempting to impeach or recall governors, mayors and other officials who have abused their power

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by uvontheterrible These are real recall petitions going through the proper channels to recall the governors in these states. Don’t confuse these with online petitions you may have signed which will not lead to an actual recall. Please sign the petitions (if you live in the relevant state), volunteer, donate, and most of all, * … Read more

China slams U.S. over cancellation of 1,000 student visas

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The move was “outright political persecution and racial discrimination, which have seriously violated the human rights of Chinese students,” he told a news briefing on Thursday, according to the state-owned Global Times. Beijing also warned it reserved the right to take further action but did not elaborate. https://www.nbcnews.com/news/world/china-hits-back-u-s-cancellation-over-1-000-chinese-n1239725   China may dump U.S. Treasuries as … Read more

The New York Times: President Donald J. Trump is Correct About the Cause of California’s “Giant Wildfires”

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View post on imgur.com https://www.nytimes.com/2018/01/19/us/california-today-100-million-dead-trees-prompt-fears-of-giant-wildfires.html CNN: “Australia’s indigenous people have a solution for the country’s bushfires. And it’s been around for 50,000 years” View post on imgur.com https://edition.cnn.com/2020/01/12/world/aboriginal-australia-fire-trnd/index.html       h/t dr0id

World Has Gone Mad

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by Martin Armstrong COMMENT: Hello Martin I listened to your video today about how Socrates predicts civil unrest. It was very informative when you said that the majority of governments are failing and have deficits. In Scotland the first minister may call for a referendum for independence which the media says 56% of the population are … Read more

FAILED STATE: California Businesses Leave The State By The Thousands.

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via hoover: California businesses are leaving the state in droves. In just 2018 and 2019—economic boom years—765 commercial facilities left California. This exodus doesn’t count Charles Schwab’s announcement to leave San Francisco next year. Nor does it include the 13,000 estimated businesses to have left between 2009 and 2016. The reason? Economics, plain and simple. California is … Read more

To all those who say…”I’d vote for anyone but TRUMP”. Well folks listen up!

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To all those who say…”I’d vote for anyone but TRUMP… I can’t stand him!!” or “I can’t believe you’re voting for Trump!” Well folks listen up! This is not a jr. high or high school popularity/personality election!! I’m not just voting for the person, I’m voting for the platform! I’m voting for the second Amendment. … Read more

CONRAD BLACK: Democrats Hit Rock Bottom On Election Tactics…. STEPHEN KRUISER: Trump-Hating Media Lying More and More to Keep Low-Info Dems In a Rage.

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Democrats Hit Rock Bottom On Election Tactics. It is indicative of the fact that the Democrats are much less overconfident than they were four years ago that they have unleashed their dirty tricks division a month earlier than they did in 2016 with the completely irrelevant Billy Bush “Access Hollywood” tape of locker room indiscretions … Read more