Three (four?) factors to track if you’re long

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by ToggleGlobal TLDR: If you’re long or looking to go long, here’s three (four?) relevant factors to keep an eye on: Economic healing: ISM New orders > 50 in the next report, demonstrating economic damage is healing Limited speculative longs: speculative futures positioning remaining low, which limits the risks of speculative retracements No complacency: VIX … Read more

Why the Central Bank “Bailout of Everything” Will Be a Disaster

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via mises Despite massive government and central bank stimuli, the global economy is seeing a concerning rise in defaults and delinquencies. The main central banks’ balance sheets (those of the Federal Reserve, Bank of Japan, European Central Bank, Bank of England, and People’s Bank Of China) have soared to a combined $20 trillion, while the fiscal … Read more

It’s about to get aggressive for gold, in terms of immediate and exciting upside.

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It’s about to get aggressive for gold, in terms of immediate and exciting upside. There’s little to no resistance above. The word that keeps coming to mind, is: truculent. We remain confident buyers of Gold. $GLD $GDX pic.twitter.com/3tGRWpNp7M — Carter Braxton Worth (@CarterBWorth) June 24, 2020 Gold breaking out pic.twitter.com/wIn4Y95gr7 — David Ingles (@DavidInglesTV) June … Read more

This shows the rise in cases and % positive started 3 weeks ago in Florida. Today the mortality demonstrated it is clearly rising.

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https://twitter.com/koko_vivian/status/1275893720680812544 HOUSTON ON PACE TO EXCEED INTENSIVE-CARE CAPACITY BY TOMORROW — zerohedge (@zerohedge) June 24, 2020 *MIAMI MAYOR SUAREZ SEES `ALARMING STATISTICS' ON COVID-19 — Brian Chappatta (@BChappatta) June 24, 2020 https://twitter.com/NorthmanTrader/status/1275925475966308353 **APPLE TO RE-CLOSE 7 STORES IN HOUSTON, TX ON COVID-19 SPIKE$AAPL — *Walter Bloomberg (@DeItaone) June 24, 2020 https://twitter.com/Fxhedgers/status/1275892034478305281 https://twitter.com/L0gg0l/status/1275887296731103238 What you're seeing … Read more

Retail investors finally went all in… yesterday. They loaded up on leveraged long ETFs and dumped leveraged short ETFs.

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https://twitter.com/yuriymatso/status/1275927377307033600 I can't believe I missed this up til now. That's a MASSIVE divergence. Now let's keep in mind that this IS the Nasdaq we're talking about here, which as we all know has supernatural powers that enable it to defy every bearish technical indication known to man. But wow. $NQ_F pic.twitter.com/dYFPqJDZun — Blueshirt Advisers … Read more

Nike Is A Great Business But A Risky Stock

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by Sven Carlin Summary Nike has returned more than 25% per year to shareholders over the past 35 years. Great businesses deliver great returns. We share 5 factors that make Nike a great business. However, it currently trades at an exuberant valuation alongside slowing down revenue growth. A risky combination. The management is doing expensive buybacks … Read more

CAN TOO BIG FOR FED & ECB

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by Egon von Greyerz There are lies, damned lies, and economists. Whether these economists work for the government or a bank, they spend all their time on the computer extrapolating current trends with minor adjustments. If you want to understand the future, don’t spend your life preparing and constantly revising an Excel sheet with masses … Read more

The US Appeals Court has GRANTED Flynn’s motion to force Judge Sullivan to dismiss the case.

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by bgny The three-judge panel’s 2-1 ruling — authored by Judge RAO — focused heavily on the “presumption of regularity” that attaches to DOJ actions, and notes that the new evidence submitted by DOJ, which led to move to dismiss charges, should be treated as good-faith. Link to full ruling: https://www.politico.com/f/?id=00000172-e6bc-dfa8-abfb-efff27b20001 Appeals court orders judge to … Read more

Brazil now second country to top 1 million coronavirus cases, deaths over 50,000

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by: Ralph Flores (Natural News) Officials confirmed last week that Brazil has passed one million coronavirus cases, making it the second country – after the U.S. – to reach the grim milestone. To note, the U.S. still leads in global caseload, reaching two million infections early this month. The Ministry of Health also reported a record of 54,771 new cases … Read more

The Biggest Disconnect Between Prices And Profits In Stock Market History?

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by jessefelder Everyone is talking about the massive disparity between stock prices and fundamentals right now. To paraphrase Jeremy Grantham, we now find ourselves in the top 1% of stock market valuations and the bottom 1% of economic outcomes (based on the annualized rate of decline in second quarter GDP). A popular way to demonstrate this gap … Read more

I’m considering staying off social media and limiting news intake not only because it’s pissing me the heck off, but because it’s simply not healthy overall. All of this corruption and ignorance is simply not healthy for anyone in the slightest.

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by VibeMeThere I’ve personally been off of social media for a very long time now. I don’t post, nor do I really look at my feeds for long periods of time like I used to. However, I do hop on every now and then to stay up to date with my favorite content creators, gaming … Read more

Allen West: A Black Man’s Response to BLM

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Telling it straight. _____ Allen West: A Black Man’s Response to BLM Allen B. West | Jun 22, 2020 Allen West discusses how the Black Lives Matter organization is capitalizing on current events in the aftermath of the death of George Floyd, and their own website belies any true interest in Black lives. “So Black … Read more

Karen has a meltdown in Seattle

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She cut a guy up, then slammed on the brakes, proceeded to flip him off and call him the N word. Tried to flee when she saw his phone and then has a breakdown when he follows her to confront her. The world has gone insane. There are longer versions of this you can find, … Read more