The Nasdaq Composite Fear/Greed Indicator is deep in “greed” mode. – SoberLook

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The Nasdaq Composite Fear/Greed Indicator is deep in "greed" mode. – @SoberLook Extremes rarely last long. Large deviations in one direction tend to create large deviations in the other. pic.twitter.com/spMAjoM64h — Lance Roberts (@LanceRoberts) July 21, 2020 https://twitter.com/Techs_Global/status/1285527826238771200 Context and Stock Valuations https://t.co/L72cvjdeE0 — Gregor Samsa (@macromon) July 21, 2020 Large deviations between the Nasdaq and … Read more

Water level at Three Gorges Dam in China 164 m.Max Designated Dam Height is 175 m

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Joe Colangelo Important Three Gorges Dam data as of yesterday: 61,000 cubic meters/second inflow 36,000 cubic meters/second outflow Current water height: 164 meters Max designed dam height: 175m Height of dam: 185m Important Three Gorges Dam data as of yesterday: 61,000 cubic meters/second inflow36,000 cubic meters/second outflow Current water height: 164 metersMax designed dam height: … Read more

Live image of the NY Fed’s trading desk adding liquidity to the market

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https://twitter.com/macrodesiac_/status/1285409032661016579 Never Before Has So Much #Stimulus Been Injected In The Economy In A Single Quarter https://t.co/fMhE1W1aop pic.twitter.com/GygxDUs9r8 — GoldBroker (@Goldbroker_com) July 21, 2020 I understand the Nasdaq- but this has gotta be one of the most delusional price levels on an index https://t.co/xwBtgZIX8Z — Kunal Shah 🗽 (@realKunalAShah) July 21, 2020

SILVER GOES UP OVER 1 Dollar an oz!

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HUH…19.92 last night? BOOM…21.01Bid 21.11Ask High: 21.19 Low: 20.18 +1.13 +5.68 https://www.kitco.com/charts/livesilver.html   Historical Silver Price Performance in USD Period Change ($) Change % 30 Days +3.39 +19.27% 6 Months +3.27 +18.43% 1 Year +4.83 +29.85% 5 Years +6.16 +41.48% Since 2000 +15.60 +288.35%   h/t Goneviral

I guarantee it! – Men’s Warehouse To Shut 500 Stores, Cut 20% Of Corporate Workforce

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The parent company of Men’s Warehouse announced a round of layoffs and hundreds of looming store closures Tuesday, as its business suffers a blow from the coronavirus pandemic. Tailored Brands said it is eliminating roughly 20% of its corporate workforce by the end of its fiscal second quarter. It also said it has selected up … Read more

Netflix tests new low-cost subscription plan in India

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https://techcrunch.com/2020/07/21/netflix-tests-new-low-cost-subscription-plan-in-india/ Netflix is testing a new low-cost pricing tier in India as the on-demand video streaming service looks to court more subscribers in Asia’s third-largest economy. The American giant has unveiled a “Mobile+” plan for some new and existing subscribers in India that delivers streaming in high-definition (HD) quality and supports viewing across mobile, tablet, … Read more

GOP wins major ‘election integrity’ lawsuit in Florida, where Dems sought taxpayer-funded mail-in ballots

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Watch the latest video at foxnews.com Republicans on Monday appeared to soundly defeat a Democratic-led legal effort to force taxpayers in Florida to fund mail-in ballot postage fees, eliminate ballot-return deadlines and strike down laws restricting the practice of “ballot harvesting” – which allows political operatives to retrieve vote-by-mail ballots en masse and return them to polling places. The Democratic … Read more

LinkedIn cuts 960 jobs

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Microsoft’s professional networking site LinkedIn said on Tuesday it would cut about 960 jobs, or 6% of its global workforce, as the coronavirus pandemic is having a sustained impact on demand for its recruitment products. California-based LinkedIn helps employers assess a candidate’s suitability for a role and employees use the platform to find new job. … Read more

TO BE FAIR, THAT’S THE GOAL: PC Culture is Destroying Creative Freedom.

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via eviemagazine: Throughout history, we see the same pattern repeated over and over again. Totalitarian regimes — from Germany’s Third Reich to the Soviet Union to Communist China— have consistently imposed censorship on the freedoms of thought and expression of their citizens. And today, we can witness the same pattern repeated here in America through “cancel … Read more

CHINA SYNDROME: US accuses supplier for Amazon, Apple, Dell, GM, Microsoft of human rights abuses: The company, whose tech helps power phones, tablets and wearables, is accused of helping China’s campaign against Uighurs.

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via cnet: The US Department of Commerce added 11 Chinese companies to its list of firms implicated in human rights violations, including China’s reported campaign against Muslim minority groups from an area of the country known as the Xinjiang Uighur Autonomous Region. At least one of those companies, Nanchang O-Film Tech, is listed as a supplier … Read more

Missouri AG moves to dismiss charges against couple who pointed guns at crowd… The brief supporting the dismissal says ‘the right to use firearms to defend one’s person, family, home, and property has deep roots in Missouri law’

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Watch the latest video at foxnews.com Missouri Attorney General Eric Schmitt on Monday moved to dismiss charges brought by St. Louis’ top prosecutor against a couple who pointed guns at a crowd marching to the mayor’s home last month, Fox News has learned. St. Louis Circuit Attorney Kim Gardner, the city’s top prosecutor, said Mark and Patricia McCloskey … Read more

Nobody Will Accept the 2020 Election Result

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by Martin Armstrong COMMENT: Mr. Armstrong; Socrates deserves a Nobel Prize for it is the only thing to forecast so many trends correctly. Now the news is that Trump may not accept the election results. I have followed you for years. You are certainly not one of these people who make one forecast and run ads as … Read more

The Paycheck Protection Program (PPP) is Helping These Industries the Most

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by howmuch Congress is returning to the Capitol to discuss another round of economic stimulus as the coronavirus pandemic rages on across the South and West. Nancy Pelosi wants more than $1.3T in aid, while Donald Trump says he wants a payroll tax cut. With the deficit already climbing to dizzying heights at $864B in June, it might be helpful to … Read more

Petition Calls For Trader Joe’s To Change It’s Packaging Because … Racism

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MARINA DEL REY (CBSLA) — Trader Joe’s says it is taking action after a Change.org petition called for it to change “racist” packaging. According to the petition, which has been signed by more than 1,800 people at last check, “the grocery chain labels some of its ethnic foods with modifications of ‘Joe’ that belies a narrative … Read more

Inflation: This Time Is Different

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by Alasdair Macleod via Mises Bank lending is contracting, and it is important to understand why. At this stage of the credit cycle, which began expanding following the aftermath of the Lehman crisis over a decade ago, a sharp contraction of bank credit to nonfinancials is normal. It is what drives periodic recessions, slumps, and depressions, and monetary … Read more