[Market Technical Analysis] Important note today – Upside exhaustion signals on some major indexes with extreme sentiment

via hedgefundtelemetry:   Let me be brief and to the point.  We now have bullish sentiment with equities at extreme levels >80% bulls in the US, Europe, and Asia.  This is what I call a condition.  There are now upside DeMark exhaustion signals on the S&P 500, Euro Stoxx 50, Euro Stoxx 600, DAX, India, China … Read more

Operation Mockingbird Never Ended: At a Council on Foreign Relations forum about fake news, former Editor at Time Magazine Richard Stengel directly states that he supports the use of propaganda on American citizens.

by zyklorpthehuman Watch Richard Stengel openly support using propaganda on the American public. He’s currently employed as an on-air analyst for MSNBC. He worked as managing editor of Time magazine from 2006-2013, and served as Under Secretary of State for Public Diplomacy and Public Affairs under Obama where he led “counter disinformation efforts”. He’s also … Read more

James Comey Testifying on Why FBI Didn’t Indict Secretary Clinton for Transferring Top Secret Emails

https://www.youtube.com/watch?v=4rQcRdkcl-g Comey ‘will get to testify in the light of day,’ Judiciary Committee chair Lindsey Graham tells Sean Hannity “Millions of Americans believe that the top level of the Department of Justice and the FBI, they wanted Clinton to win and Trump to lose,” Graham told host Sean Hannity. “They manipulated the law to let … Read more

BREXIT BREAKING: ARMY ‘ORDERED SHOOT TO KILL POLICY’ AGAINST CORBYN

by John Ward In other Brexit news: designer humiliation hits Parliament, May to sit down and disagree with Jeremy Corbyn, PM’s local vicar in shock investigation, Brexit to cause acute Minister shortage, and Brighton launches Under 5 Trannies for Guy Verhofstadt. ¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤ You may have previously imagined that Ben Cooper was a brand of designer shirts, but … Read more

Stock Buybacks: Worst Mistake Ever

By Harry Dent A lot’s driving this bubble we’ve been in since 2009, but good fundamental trends and things like demographics and technology are not among them. The biggest inflator has been the $13 trillion worth of quantitative easing (QE) courtesy of central banks. Thanks to their significant gift to all but retail investors like … Read more

Retail sales, Construction spending, Chem activity, Apartment vacancy, Equity flows, South Korea exports, Trump comments

by WARREN MOSLER Not looking good: Not looking good: In contraction: South Korea March exports contract for fourth month (Reuters) Overseas sales slid 8.2 percent in annual terms in March. Imports shrank by 6.7 percent in March from a year earlier. This produced a $5.22 billion trade surplus, nearly doubling the amount in February, the … Read more

It’s Starting: They want to change the electoral college in Ohio

This really scares me. The east and west coasts will control politics forever in this country if this goes through. Another violation of our rights. via cleveland:   Ohioans may vote this November on a proposed state constitutional amendment to award the state’s presidential electoral votes to the winner of the national popular vote, regardless of … Read more

The stock market is eerily quiet

by Troy   The stock market went nowhere today and volume was extremely low. Traditional technical analysis sees low volume rallies as an ominous sign (“volume must confirm price”, “air is getting thin at the top”, etc) Go here to understand our fundamentals-driven long term outlook. Let’s determine the stock market’s most probable medium term direction by … Read more

Is 35/55/3/3/4 the Ultimate Portfolio Today?

By Jared Dillian Lot of strong feelings on gold. Some people think it has no utility. Other people have pretty reasoned arguments about how gold maintains purchasing power across the centuries. It was in a bubble eight years ago that sucked a lot of people in. There were some sketchball commercials for gold on Fox News. … Read more

CORRUPTION CONFIDENTIAL

Naw, not Hillary and AOC, but their financial (Hillary) and ideological (AOC) friends, the Russian government and Russian oligarchs. via strategypage: Opinion polls show that most Russians accept corruption as a basic element in Russian culture and unlikely to be eliminated any time soon. Most Russians also complain that the prevalence of corruption hurts the economy … Read more

UBS goes down toilet – CEO sells 1m shares

UBS CEO Ermotti knows more about his bank than others. Last week he tried to sell all his UBS shares. Compliance prevented it via insideparadeplatz.ch: (See below) , Sergio Ermotti, is a mystery. The chief of the UBS wanted to recently sell a big package with privately-held stock of its Bank. According to an Insider Ermotti was … Read more