Wars and Rumors of Wars: Fire and Fury Signifying Nothing? Stock Market Caught in Crossfire.

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by David Haggith August is a sultry month for stocks as markets thin out during the dog days of summer. Everyone leaves investing for a break from the heat. Statistically, August is the worst month for overall stock performance, while September delivers more of whatever August sends its way or brings its own dark surprises. After … Read more

Households At Lower 80% Of Income Scale Are Maxed Out, Worst Restaurant Recession Since 2009 Digs Inflation

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter “July proved to be a tough month for chain restaurants,” the report said. Foot traffic at chain restaurants fell 4.7% in July year-over-year. Same-store sales fell 2.8%, the 17th month in a row of year-over-year declines, the longest downturn since 2009. On a two-year basis, same-store sales fell 4.2% from July … Read more

Are We Already in Recession?

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by Charles Hugh-Smith If we stop counting zombies, we’re already in recession. How shocked would you be if it was announced that the U.S. had just entered a recession, that is, a period in which gross domestic product (GDP) declines (when adjusted for inflation) for two or more quarters? Would you really be surprised to … Read more

Liberal Star Calls for Military Coup – Idiot

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by Mark Angelides Chelsea Handler has just achieved heights of “Liberal Idiocy” that even the most ardent anti-Trump celebrity has failed to reach. She Tweeted on Friday that there should be a military coup carried out to remove the president from office. What is more amazing is that she seems completely unaware of the lunacy … Read more

Stock Market Warning Siren is Blaring

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Are we blinded yet by the brilliance of corporate earnings? “Adjusted” earnings growth is 10.2% year-over-year in the second quarter, according to FactSet, based on the 91% of the companies in the S&P 500 that have reported results. The energy sector was a key driver, with 332% “adjusted” earnings growth from … Read more

Volume in VXX Is A Tell For Price Bottoms

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by Tom McClellan The stock market’s quick selloff on August 10, 2017 came as traders got reintroduced to the concept of “event risk” after a long period of extreme quiet.  And like bad drivers during the first snowfall of winter, there was a lot of relearning going on about how the market works. The CBOE Volatility … Read more

Transports could be repeating 1999 & 2007 now!

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by Kimble Charting Below looks at the Dow Jones Transportation Index since 1994. Is it possible that the Transports index is repeating the patterns that were created back in 1999 & 2007? Below is an update on a potential pattern that we have been sharing with members for months. CLICK ON CHART TO ENLARGE In 1999, Transports closed … Read more

Canada is Sending in the Army as Illegal Migrants Cross Border – Have they Considered a Wall?

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by Mark Angelides As the number of migrants crossing the border illegally into Canada has increased, the well-meaning Canadians have decided to send in the troops to back up the Mounties at the New York-Quebec border. Canada announced that the 100 plus “soldiers will help the Royal Canadian Mounted Police and the Canada Border Services … Read more

Jeff Lord Fired from CNN as a Nazi – For Mocking Nazis

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by Mark Angelides CNN’s lone Trump Supporter has been fired from his role after accusing someone of using Nazi-like tactics and mocking them with a “Seig Heil.” Jeffery Lord got involved in an online argument with Angelo Carusone, president of the liberal watchdog site Media Matters, where he accused him of using Fascist tactics. But … Read more

They Have Been Putting SEX HORMONES Into Our Food For Decades and KNEW They Were Doing It!!

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Chemical Used In Plastic Bottles And Containers Potentially Hazardous To Health BRUSSELS – European experts have announced that a chemical used in a wide range of plastics that come into contact with food, drinks, toys and cosmetics is “a substance of very high concern.” Bisphenol A (BPA) has been widely linked to cancer, birth defects … Read more

What Is A JTTF? The Links Have Created The Chain Leading To The New World Order.

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by Ruby Henley According to Wikipedia, a JTTF is (https://en.wikipedia.org/wiki/Joint_Terrorism_Task_Force).  It may not be a new concept to some of you, but it is to me.  It does make sense at this point.  Wikipedia defines it as:   Joint Terrorism Task Force (JTTF) is a partnership between various local, state, and federal agencies, and private organizations that … Read more

NYSE A-D Line, not looking as good as the DJIA. That's a problem.

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NYSE A-D Line, not looking as good as the DJIA. That's a problem. pic.twitter.com/dhBpRm7JrU — Tom McClellan (@McClellanOsc) August 10, 2017 Run pic.twitter.com/NgnCWSt91I — Alastair (@StockBoardAsset) August 10, 2017 Record Speculative Short $VIX Positions are now feeling the unwind. Asking why isn't .@federalreserve got their back? $VIX $XIV pic.twitter.com/tlxrCgRRuj — Alastair (@StockBoardAsset) August 10, 2017 … Read more