by northmantrader I’ll provide a more in-depth technical update over the weekend, but just some quick thoughts and perspective as we are witnessing this melt-up during this OPEX week. My main message: Stay Alert. Markets are back inside the consolidation range they broke below last December. What crash? What correction? It’s as if nothing has happened. … Read more
by DCG One big expensive tent/Photo from Harbor of Hope Doesn’t matter as there are always taxpayer funds to cover the costs. FYI: From the brief search I was able to do about this private developer, Homer Williams, it looks like he’s got a questionable history with his developments. As reported by Oregon Live: Despite promises of a private-sector … Read more
The New Democracy and Golden Dawn coalition is positioned to storm the Greek Parliament in a matter of months! https://www.youtube.com/watch?v=RAop1LiVJBM
via 321gold: It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity, it was the season of Light, it was the season of Darkness, it was the spring of hope, it was … Read more
by Dave Kranzler of Investment Research Dynamics The post-Christmas stock rally extended through Wednesday as the small-cap and tech stocks led the way, with the Russell 2000 up 14.3% and the Nasdaq up 12.5%. The SPX and Dow are up 10.4% and 10.1% respectively. During the stretch between December 26th and January 17th, the Russell 2000 index experienced … Read more
via Zerohedge: Earlier this month, when we reported that in the latest warning about China’s housing sector, the Communist Party’s People’s Daily warned that China’s regional economies need to reduce their reliance on the property market for growth and instead focus on sustainable longer-term development, we wondered if “something was afoot with China’s housing sector.” … Read more
by John Ward Mainstream television “news” is now so awful – off the point, dumbed down biased, D-noticed and neo-propagandist codswallop mixed with lachrymose little boy saves tiger ‘human interest’ vomit – it’s time someone found another word for the generic. ¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤ This morning’s risible effort on Sky Sunrise was a classic. The broadcaster gave two … Read more
BY JOHN MAULDIN A Federal Reserve policy mistake is our top risk this year. Correction: The mistake is already happening. So that’s less a forecast and more a recognition of reality. The Fed is raising rates and reversing its quantitative easing. At the same time! They should be doing one or the other, not both. The media and … Read more
by Dana Lyons U.S. stocks are testing perhaps the most important line in the entire market. If you’ve followed us for any length of time, you know that our favorite equity market index is the Value Line Geometric Composite (VLG). As a refresher, the VLG tracks the median U.S. stock performance among a universe of roughly … Read more
by Daisy Luther As I’ve written before, the government shutdown is a perfect demonstration of our politicians participating in partisan showmanship, with poor people as the victims of their theater. As individual states desperately attempt to take care of the people depending on them by sending out food stamp benefits early, the theater in Washington DC … Read more
There is another West Coast storm coming this weekend – more northern California, Oregon, Washington. It’s pouring. Malibu Canyon closed indefinitely due to massive mudslides. Epic chill to hit 200MILLION! First of two winter storms barrels into the Midwest and Northeast with ice from polar vortex set to bring down trees and power lines as snow … Read more
by Martin Armstrong Believe it or not, member of Congress continue to get paid even when there is a shutdown on the basis that Congress refuses to fund the government. Elizabeth Warren has come out and stated that she will donate her salary during the shutdown. The Speaker of the House, Nancy Pelosi, is paid $223,500 … Read more
by Troy Now that the S&P 500 has reached its 50% fibonacci retracement, its medium term outlook is no longer decisively bullish. As we mentioned before, 13 of 15 historical 20% declines saw a pullback/retest after a 50% retracement. Go here to understand our fundamentals-driven long term outlook. Let’s determine the stock market’s most probable medium term direction … Read more
Determined to have occurred or to be ongoing Scope Public For general dissemination to unrestricted Severity Extreme Extraordinary threat to life . http://hisz.rsoe.hu/alertmap/database/index.php?pageid=event_summary&edis_id=VW-20190118-66291-COL h/t Jake
The largest single group of asylum seekers ever to cross into the U.S. tunneled beneath the border wall near San Luis, Arizona, on Monday, voluntarily turning themselves into Customs and Border Protection, according to the agency. Migrants can be seen marching toward Border Patrol agents by the hundreds, according to video obtained by ABC News. Smugglers dug a … Read more
LITTLE ROCK, Ark. – With a simple swipe of their arm, thousands of employees across the world can open doors, log on to their computers, even buy snacks from vending machines. Select companies from Wisconsin to Sweden microchip their workers. St. Rep. Stephen Meeks is working to get ahead of the technology in Arkansas. “The … Read more
via MarketWatch: A member of Ghana’s Parliament, Kennedy Agyapong, once called the journalist, Ahmed Hussein-Suale, “dangerous” and asked members of the public to attack him ACCRA, Ghana (AP) — An investigative journalist in Ghana who helped expose a high-ranking official at world soccer body FIFA as corrupt was shot dead by gunmen on a … Read more
by Martin Armstrong Ruth Bader Ginsburg’s while fighting cancer, has now contracted Pneumonia and is fighting for her life. From a purely cyclical perspective, there should be another appointment this year to the Supreme Court. Even on an average basis, since 1789 there have been 114 judges up to Brett Kavanaugh. That means at the very latest … Read more
by Mac Slavo of SHTFplan Student loan debt is a fundamental crisis. Students are borrowing money to pay for school at an alarming rate. But as the problem worsens, it seeps into other sectors, such as the housing market, putting the entire economy on edge. The Federal Reserve is apparently just catching on to the not-so-new reality: student loan debt … Read more
via mediaite: “In the latest NPR/PBS NewsHour/Marist poll released Thursday, President Donald Trump may have suffered some among Republicans overall, but he saw a huge point gain in a different demographic breakdown, and an unexpected one by conventional wisdom. In early December, the poll had Trump’s approval rating among Latino adults at 31%. The results from … Read more