Rep. Jim Banks Plan Strips Rioters of Federal Unemployment Benefits

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Good. Hit them where it hurts!!! Rep. Jim Banks (R-IN) is introducing legislation this week, Breitbart News has learned, to strip convicted rioters of federal unemployment benefits and have them pay the cost of federal policing of riots. Banks’ legislation, known as the Support Peaceful Protest Act, would ensure that rioters convicted of violence, vandalism, … Read more

Speculative options trading reached the equivalent of 12% of NYSE volume last week. Like some combustible combo of musical chairs, Russian roulette, and five finger fillet.

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Speculative options trading reached the equivalent of 12% of NYSE volume last week. Like some combustible combo of musical chairs, Russian roulette, and five finger fillet. How many traders can dance upon the head of a pin? pic.twitter.com/nsCeyKH093 — SentimenTrader (@sentimentrader) August 29, 2020 AAPL just 2% away from surpassing the entire Russell 2000. This … Read more

Economics of expectations: Stocks will keep going to the moon for the next 2 months before correction

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by bragghy Markets are moved by nothing more than fundamentals, but the pricing is never efficient because of expectations, miscalculations, uncertainty and reflexivity. That’s because there are thinking participants involved, and almost all of them are dumb humans. Phase 1 (SPY goes from 338 to 222): The virus news drops, the market sells off quickly with exponential … Read more

Last time VIX and SPX were both green two days in a row was the peak of the dot com bubble. They’ve never been green together for three days ever.

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Last time VIX and SPX were both green two days in a row was the peak of the dot com bubble. They've never been green together for three days ever. https://t.co/k7fkvmbCSB — The Market Ear (@themarketear) August 28, 2020 Correction Watch: Divergences Are Developing Between Large US Stocks & Everything Else https://t.co/7UisYBtwdA — zerohedge (@zerohedge) … Read more

This is so far the best joke from FED heard this year.

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This is so far the best joke from FED heard this year. https://t.co/F0ff1MWtO9 — GregTheAnalyst (@Analyst_G) August 28, 2020 MESTER SAYS SHE UNDERSTANDS CONCERN THAT LIQUIDITY FROM FED IS FUELING STOCK MARKET GAINS BUT SHE DOESN'T FEEL FED IS CONTRIBUTING TO AN ASSET BUBBLE – Reuters News pic.twitter.com/a1VLgNuy3F — fiatcurrency (@fiatcurrency) August 28, 2020 https://twitter.com/NorthmanTrader/status/1299334940253970432 … Read more

Watch for an undercut and rally in $DXY.

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https://twitter.com/Hoz94s/status/1299319499846549510 The Federal Reserve's new plan to lift inflation faces skepticism https://t.co/KTSwkhWbi7 via @business @SteveMatthews12 — Chris Condon (@chrisjcondon) August 28, 2020 Fed’s Kaplan: For Him, Inflation A Little Bit Above 2%, Means Maybe 2.25% But Fed Seeks Flexibility — LiveSquawk (@LiveSquawk) August 28, 2020

Nobody is talking about the bogeyman of U.S. Federal debt headed to $27 trillion dollars, who on Earth pay for that outside of the tooth fairy?

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"Nobody is talking about the bogeyman of U.S. Federal debt headed to $27 trillion dollars, who on Earth pay for that outside of the tooth fairy? At some time adults have to rationally speak about the bills racked up on the state or national level"#Cavutohttps://t.co/JbruiDUYXR — Danielle DiMartino Booth (@DiMartinoBooth) August 28, 2020 https://youtu.be/WtAoa3PVPrg

TSLA could have topped. I think big players will dump shares into the split on Monday..

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https://twitter.com/Hoz94s/status/1299359432737017856 Tesla's market cap has increased 1,000% in the last year. Tesla's sales are up 3% over the last year.$TSLA Data via @ycharts — Charlie Bilello (@charliebilello) August 27, 2020 https://twitter.com/Hoz94s/status/1299339195320803329 Disclaimer: This information is only for educational purposes. Do not make any investment decisions based on the information in this article. Do you own … Read more

If the Fed can’t lift inflation, what does that say about its ability to ensure full employment?

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If the Fed can't lift inflation, what does that say about its ability to ensure full employment? https://t.co/w71wRUdDT2 — Matthew B (@boes_) August 28, 2020 Breaking news-Jerome Powell announced the Fed has found the much awaited cure for deflationHenceforth it will be able to produce inflation & growth Pressed for details, he said "It's a … Read more

The Fed’s Big Lie – Ignore Powell’s happy talk. The Fed is desperate and merely playing for time.

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by Adam Taggart Insanity is doing the same thing over and over again, but expecting different results. Federal Reserve Chairman Jerome Powell announced on Thursday that the Fed will now shift its focus from hitting inflation targets and instead prioritize closing “unemployment shortfalls”. This gives it the aircover to do “whatever it takes” until the … Read more