Mean reversion is brutal and markets are merciless – be ready for everything in May…. Would like to see 2200 retest

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Stocks gapped DOWN the most ever in March. Stocks gapped UP the most ever in April. In 30 years of $SPY, this extreme Vol was *mostly* in transitions between Bull<>Bear markets. Mean reversion is brutal and markets are merciless – be ready for everything in May.$ES_F $SPX pic.twitter.com/bA6sfmrsdK — Macro Charts (@MacroCharts) April 30, 2020 … Read more

POTUS: Signs Proclamation on Law Day, U.S.A.,

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Proclamation on Law Day, U.S.A., 2020 More than 230 years ago, the Founding Fathers of our Nation crafted a revolutionary and unique form of Government rooted in the rule of law. Today, we continue to enjoy liberty, justice, and equality under the law as set forth and preserved in our Constitution. On Law Day, we celebrate … Read more

US push for low-yield nukes makes atomic war MORE likely as Russia will retaliate with full force, Moscow says

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The US State Department’s case for tactical nuclear weapons is a case study in psychological projection not seen since the darkest days of the Cold War and its ever-present threat of world-ending atomic holocaust. Back in February, the Pentagon announced the US Navy has fielded the first batch of W76-2 low-yield submarine launched ballistic missile … Read more

Mayor of Cali Colombia forcing people out of their homes because they have a cough, reported by a neighbor, they are HUNTING people now literally

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Mayor of Cali Colombia forcing people out of their homes because they have a cough, reported by a neighbor, they are HUNTING people now literally. they have groups of people in protective clothing driving around the city to see who is sick or acts sick and pick them up and put them in a special … Read more

Executive order from @POTUS ordering selective US military reserve units to active duty

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Executive order from @POTUS ordering selective US military reserve units to active duty. pic.twitter.com/MgJSQq3vbP — Steve Herman (@newsguyusa) April 30, 2020 The order seems to say that the call up is only for an enhanced “Counter Narcotic Mission”. The order seems to say that the call up is only for an enhanced "Counter Narcotic Mission". … Read more

Coronavirus News: 100 bodies found in unrefrigerated trailers outside Brooklyn funeral home: Police source

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Coronavirus News: 100 bodies found in unrefrigerated trailers outside Brooklyn funeral home: Police source FLATLANDS, Brooklyn (WABC) — City officials say they responded to bodies in two unrefrigerated trucks outside a Brooklyn funeral home following reports of an foul odor. A police source told ABC News that two unrefrigerated trailers outside Andrew T. Cleckley Funeral … Read more

Comey’s failures were part of a larger pattern of misconduct and politicization at the FBI. Durham is coming.

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We already knew that James Comey's FBI was out to get General Flynn and President Trump. But it was worse than we thought. Comey's failures were part of a larger pattern of misconduct and politicization at the FBI. Durham is coming. pic.twitter.com/gLfW2n7zVI — House Judiciary GOP 🇺🇸🇺🇸🇺🇸 (@JudiciaryGOP) April 30, 2020 DIRTY COP JAMES COMEY … Read more

Global internet outages record high

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Network outage data was collected by a US-based network intelligence firm A third of outages in the first quarter struck in Europe, the Middle East and Africa UK outages in lockdown have been low overall, with improvements in April But the findings come days after outages struck Virgin Media uses across Britain Internet outages have hit record … Read more

Man kills mail carrier over stimulus check

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A U.S. postal carrier is dead after reportedly being shot by a man on her route following disagreements about withheld mail including stimulus checks and an aggressive dog, according to multiple media outlets. The president of the local mail carriers union in Indianapolis says Angela Summers was shot after a person inside a home she … Read more

WH Econ adviser Kevin Hassett to reporters this morning: “The unemployment rate is probably up around 19%. And those numbers are as startling as anything we’ve seen since the Great Depression.”

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WH Econ adviser Kevin Hassett to reporters this morning: “The unemployment rate is probably up around 19%. And those numbers are as startling as anything we’ve seen since the Great Depression.” — Jim Acosta (@Acosta) April 30, 2020 Reality is gonna be a tough pill to swallow for a lot of people in the coming … Read more

KM: This is the most leveraged US economy in human history. DL: This crisis finds entire sectors of the economy completely unprepared for a slowdown.

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BOOM. The one-and-only Daniel Lacalle @dlacalle_IA joins @KeithMcCullough LIVE today one-on-one at 1:00pm ET You do not want to miss this in-depth investing conversation. Click for immediate free access.https://t.co/Ti6IOU7ZiU — Hedgeye (@Hedgeye) April 30, 2020 “It's getting more challenging as time passes to have an optimistic view of a V-shaped recovery. I think it’s going … Read more

Why the Economy is not the stock market

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by ChaosUnlimited3 Why the economy is not the stock market. Most of the time when I come on this sub I see people bitching about how the market isn’t reacting correctly to the fact that the coronavirus has single handily fucked the world, but there is one crucial thing they are missing the economy isn’t … Read more

The US employment system has left 32M workers vulnerable

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by this_week_in_stats Sector Vulnerable jobs Hospitality 6,754,665 Retail 5,621,828 Health Care 4,110,379 Administrative 2,839,520 Manufacturing 2,234,076 Public Administration 2,052,731 Logistics 1,534,419 Other Services 1,180,380 Wholesale 1,033,450 Construction 903,517 Arts/Entertainment 775,436 Agriculture 555,623 Professional 461,039 Finance 428,573 Real Estate 366,793 Education 232,730 Information 223,794 Headquarters 133,005 Mining 42,348 Utilities 26,745 If you would like the “clean … Read more