Tip-Toeing On The 200-DMA: Sell Signal Only Ticks Away

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There’s a number being whispered among stock market traders, and the whispers just got a little louder. The number: 2,770. That’s the level where the tumbling S&P 500 Index SPX, +0.21%  would trigger a closely watched sell signal, potentially setting off a broader alarm, selling pressure and further falls. The S&P 500’s close Wednesday: 2,783 points — just … Read more

FITTON: HUGE: Please Recall That McCain Staffer Encouraged Lois Lerner’s IRS to engage in “financially ruinous” audits. Judicial Watch has the docs.

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by TFittonJW On top of his involvement in Russia smear of President Trump, Judicial Watch uncovered IRS Docs that Reveal McCain Staffer Urged Lois Lerner and Obama IRS to “audit so many that it becomes financially ruinous.” https://www.judicialwatch.org/press-room/press-releases/judicial-watch-obtains-irs-documents-revealing-mccains-subcommittee-staff-director-urged-irs-to-engage-in-financially-ruinous-targeting/ … https://twitter.com/i/web/status/1080146708602986497

US F-35 Sale To Japan a Slap to China’s Face

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Following President Trump’s recent trip to Japan, the US has approved the sale of over 100 F-35 fighter jets to Japan. The new jets will improve Japan’s military capabilities in the disputed South China Sea, even as tensions rise in the US-China trade war with the US government blacklisting Huawei. Investigative journalist Ben Swann joins … Read more

US Money Funding Beijing Surveillance State… Chinese Dating Apps Targeting Americans Expose 42.5 Million Records Online

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US Universities And Retirees Are Funding The Technology Behind China’s Surveillance State Millions of dollars from US university endowments, foundations, and retirement plans have helped fund two billion-dollar Chinese facial recognition startups: SenseTime and Megvii. The Chinese government is using their technologies to surveil and profile its own citizens. HONG KONG — Princeton University and … Read more

The Most Splendid Housing Bubbles in America: Seasonal Upticks Too Small

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter New York condo prices flat year-over-year. San Francisco, SoCal, Seattle year-over-year gains shrink to near nothing. Las Vegas flat for sixth month. Miami & Phoenix at post-Housing Bust 1 highs.  Spring has come to the most splendid housing bubbles in America, but the seasonal upticks weren’t enough, compared to the seasonal … Read more

Trump Has BIG Hopes For Barr To Scrutinize Countries We Haven’t Thought About In The Russia Probe

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Chuck Ross from The Daily Caller Reports, President Donald Trump on Friday said he hopes Attorney General William Barr looks at intelligence the British, Australian and Ukrainian governments provided their American counterparts as part of the investigation of the Trump campaign. https://www.youtube.com/watch?v=B9-6mEjaum8 Read More/Source/Credit/FairUse: https://dailycaller.com/2019/05/24/tr…    

Doctored Pelosi Video Goes Viral So CNN Host Goes NUCLEAR On Facebook Executive

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Virginia Kruta from The Daily Caller reports, CNN anchor Anderson Cooper got heated during a Friday segment with Facebook executive Monika Bickert, at one point questioning whether the company should “get out of the news business” if it couldn’t do it well. https://www.youtube.com/watch?v=lMBjLsOrl24 Read More/Source/Credit/FairUse: https://dailycaller.com/2019/05/25/co…    

Government cooking the books like this would be a major scandal if we had a nonpartisan press.

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IBD: The Stunning Statistical Fraud Behind The Global Warming Scare. The actual measured temperature record shows something different: There have been hot years and hot decades since the turn of the last century, and colder years and colder decades. But the overall measured temperature shows no clear trend over the last century, at least not one … Read more

Students, Here’s A Plan To Solve Your Debt Problem (You Won’t Like It)

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via Kurt Schlichter So, you’re a barista with a problem – you took out $200K student loans to get that master’s degree from Gumbo State in “LGBTQ2#v& Experiences as Reflected in 17th Century Bolivian Folk Songs” and now you can’t find an uncaffeinated career. Worse, those fascist monsters who you took money from based on your agreement … Read more

Is the Global Tide Turning Against China?

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The CCP’s tactics have been exposed! Clive Hamilton, author of Silent Invasion: China’s Influence in Australia, sits down with us to discuss how governments around the world are tackling China’s attempts to undermine democracy. Featuring US China trade war, President Donald Trump, Huawei, New Zealand and Canada, and what the future holds.    

From Less-Splendid Housing Bubbles to Crushed Markets in America in 9 Charts

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Chicago, Dallas-Fort Worth, Atlanta, Minneapolis, Charlotte, Detroit, Cleveland. In the 20 US housing markets covered by the CoreLogic Case-Shiller Home Price Index, there are some that form “The Most Splendid Housing Bubbles in America.” And there are some where home prices have not yet reached these splendid levels, or never experienced … Read more

Powell Channels Bernanke: “Subprime Debt Is Contained”

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by Lance Roberts I recently discussed one of the biggest potential “flash points” for the financial markets today – corporate debt. What I find most fascinating is how quickly many dismiss the issue of corporate debt with the simple assumption of “it’s not the subprime mortgage market.” Correct, it’s not the subprime mortgage market. As I noted previously: “Combined, there … Read more