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by jkracx chart Resistance points 1. We just barely broke through a strong trendline (brr power bull trap?) into a phat double top Now we’re about to hit the .382 Fibonacci retracement point (Not easy to break through) We’re also about to hit the 20 day moving average and the death cross Volume Volume has been significantly … Read more
Why Taiwan has become a problem for WHO. “Taiwan is seen as one of the few places in the world which has successfully stemmed the spread of the coronavirus without resorting to draconian measures. But despite its efforts, it is still effectively locked out of membership in the World Health Organization (WHO) due to its complex … Read more
via politico The Trump administration has approved the first system for sterilizing specialized face masks worn by front-line health workers battling the coronavirus, potentially easing the severe shortage of the protective gear. The FDA also reversed course on a daily cap for the decontamination system, less than 24 hours after Ohio’s Republican governor criticized the FDA … Read more
by Venus230 https://www.transcend.org/tms/2018/02/wikileaks-exposes-how-council-on-foreign-relations-controls-most-all-mainstream-media/ It is no secret that over the last 4 decades, mainstream media has been consolidated from dozens of competing companies to only six. Hundreds of channels, websites, news outlets, newspapers, and magazines, making up ninety percent of all media is controlled by very few people—giving Americans the illusion of choice. While six … Read more
by BrockCage China is controlling what the WHO publishes. Go read through this media list starting early this year in January on the WHO website. The China has contained it narrative is an excuse to spread the virus globally from Chinese New Years the largest day of International air travel. Notice the tone changes after the … Read more
by jsalsman Daily New Cases in the US seem to be levelling off at around 20K. https://www.worldometers.info/coronavirus/country/us/ We may be reaching the peak of new infections sooner rather than later. Deaths however, which lag new cases generally, continue to rise and can be expected to rise for some time, imo. h/t Builder
by Martin Armstrong COMMENT: Hi, Am a long time blog follower, as well as a Plus membership subscriber. I penned this poem about the absurdity that is happening with this Corona episode. I was hoping that you could share it with the public on your blog. Hour after hour day after day, mainstream and state … Read more
by The Phoenix Stocks are up somewhat this morning. This marks the second Monday stocks will open in the green (last Monday was a green open as well) following two horrifically bad weekend sessions that saw stocks open limit down or close to limit down (March 2nd and 9th). In the simplest of terms, the panic in … Read more
from Financial Survival Network Sam McElroy returns to the program… Student loan borrowers can suspend payments for 60 days without interest Borrowers with federal student loans will be able to pause their payments for two months without interest accruing, President Donald Trump and the Education Department said Friday. The move is an effort to help those financially … Read more
PHOENIX — Arizona schools will remain closed for the remainder of the school year, according to a Monday notice from state officials. Governor Doug Ducey and Superintendent of Public Instruction Kathy Hoffman released the following statement Monday: “In alignment with yesterday’s updated federal guidance, today we are announcing the extension of school closures through … Read more
via silverdoctors SD Outlook: This week, people will likely come to terms with the stark reality of facing economic collapse along with the collapse of US healthcare… Is this the week that US healthcare collapses? I keep seeing images of tents and whatnots being erected outside of major hospitals around the nation. The stark reality is … Read more
by Potstick3rs So I’ve been looking at CLOs (Collateralized Loan Obligations) recently and I’ve got to say… This stuff sounds like a “largest bag of odorous excrement” to quote Jeremy Irons. If you’re not familiar with CLOs you should read this great article on that goes into a fair amount fo detail: https://www.naic.org/capital_markets_archive/primer_180821.pdf From my point … Read more
Article: https://www.reuters.com/article/us-oil-opec-trump/u-s-russia-agree-to-oil-market-talks-as-trump-calls-price-war-crazy-idUSKBN21H216 So we’ve got a more a more official move towards a possible deal or cooperation in the oil markets. Again this is early and it’s tough tough to say if anything will come of it, but the fact that Putin is stepping in here on the side of a potential deal bodes well. It’s … Read more
by Davidkingq123 Global stocks are edging lower, and oil prices have plunged to 17-year lows at the start of another week set to be dominated by the coronavirus pandemic. But U.S. stocks rallied on Monday. The investor optimism came despite President Trump extending the U.S. lockdown to April 30 and public health officials warning that … Read more
To compute our index, we extract the first principle component from these seven time series, using the sample from January 2008 to present. We scale our index to four-quarter GDP growth, so a reading of 2 percent in a given week means that if the week’s conditions persisted for an entire quarter, we would expect, … Read more
https://twitter.com/PuffDragon11/status/1244690676177985538 And again.. like last Friday.. the market is floating without volumes pic.twitter.com/msqMpgdhTO — Alessio (@AlessioTMAD) March 30, 2020 Look at the trade volume for today. It hasn’t been this low in a minute. I would not count the gains for today quite yet because a big downward shift or sell off could make the … Read more
This is actually the biggest scandal and betrayal of the public trust since the founding of the republic. An anti-democratic institution set up to control our currency (and economy) that could only be justified through independence. End the charade and bring it under Treasury. — Douglas Verity (@verity_douglas) March 30, 2020 Should market conditions deteriorate, … Read more
TEXAS IS FUCKED https://t.co/CiyoDduNKz — The Long View (@HayekAndKeynes) March 30, 2020 If you are not familiar with the situation concerning Canadian crude oil the price below may come as quite a shock…. https://t.co/I5oayidp2f — Shaun Richards (@notayesmansecon) March 30, 2020
Fed seems to suggest this too https://t.co/ggpXug3UKv — Jordan Schachtel (@JordanSchachtel) March 30, 2020 FED: Third of Americans will be unemployed… KEY POINTS The coronavirus economic freeze could cost 47 million jobs and send the unemployment rate past 32%, according to St. Louis Fed projections. There are nearly 67 million Americans working in jobs that … Read more
by hjkoivu I’m gonna be honest here. Every bull out there should be nervous in this blind optimism. First of all the VIX is still very elevated. Second, we’ve been receiving nothing but bad news and stocks are still going up. Third, It looks like we might have another housing crisis on our hands and no … Read more