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via GPC Something has changed in the market. The momentum-driven rally that pushed stocks to new all-time highs completely floundered a few weeks ago. What should have been a monster breakout on massive buying power ended up being a feeble push to new highs before stocks promptly rolled over. More and more, that is looking like a false breakout. … Read more
TROLL LEVEL: DONALD TRUMP. pic.twitter.com/Vh47XjGzpt — Donald J. Trump (@realDonaldTrump) September 10, 2018 One of Obama’s conceits is that if he’d been running, he would have easily beaten Trump. Watch this and think about that. h/t GR
HOUSTON CHRONICLE REPORTER ACCUSED OF FAKING SOURCES RESIGNS. A Houston Chronicle reporter has resigned after questions arose about the existence of persons quoted in one of his stories. Austin bureau reporter Mike Ward had been with the Chronicle since 2014 after a long career with the Austin American-Statesman. In a statement posted Monday on the Chronicle website, Executive Editor Nancy Barnes … Read more
Obama’s legacy was self-inflicted defeat everywhere we faced Islamist terror. Plus, some history, worth repeating again: Obama whines he just didn’t ‘have the tools’ to act on Syria. Related: Obama seems eager to massage his legacy as it’s being written. We, therefore, are obliged to get the record right. Well, here’s some history for you: Rachel Maddow Tries to … Read more
via nydailynews: No swimsuits? No viewers. Sunday’s Miss America 2019 competition — the first time participants did not don a swimsuit — reached 4.3 million viewers on ABC, a 23% plunge in viewership from last year’s broadcast, according to Nielsen overnights. Past participants also ripped what they are now dubbing as “Miss America 2.0” for being “too rehearsed” … Read more
via @BerkeleyJr Wall Street veteran Art Cashin told CNBC on Monday that there are a variety of indicators that show the stock market may be ready for a pullback. Cashin said on “Squawk on the Street” that Goldman Sachs’ bear market risk indicator is the highest it’s been in a couple of decades. He also cited … Read more
by Alexander Trigaux, Editor, GoldSilver Mike Maloney’s father had passbook savings accounts (those are his actual passbooks in the video) that returned 13.1%. Mike Maloney had passbook savings accounts that returned 16.9%! At interest rates like these, it’s no wonder that the age-old wisdom of “Save 10% of your income and you’ll be able to … Read more
In early January there were 42 cryptocurrencies valued at >$ 1 billion. Today there are 15. pic.twitter.com/W1zAwv7UvX — Win Smart, CFA (@WinfieldSmart) September 10, 2018 https://twitter.com/OccupyWisdom/status/1038940150225661953 *SEC SUSPENDS TRADING IN BITCOIN TRACKER ONE & ETHER TRACKER ONE #Bitcoin $BTCUSD …What a cheek. 😃 pic.twitter.com/iirIyrI8CW — Marc-André Fongern (@Fongern_FX) September 9, 2018
professionals continue getting blown out pic.twitter.com/7h1mJnzADm — Alastair (@StockBoardAsset) September 11, 2018 ugly global equity futs pic.twitter.com/OTZfnTDHBd — Alastair (@StockBoardAsset) September 11, 2018 https://twitter.com/FerroTV/status/1039457978171240448 the financial elite are dumping stocks pic.twitter.com/MFByZ2ACcO — Alastair (@StockBoardAsset) September 11, 2018 Global Stocks declining as China prepares to ask the WTO for permission to impose trade sanctions on US … Read more
https://twitter.com/SeanMurray2040/status/1033067716922560513 A close up of January’s cluster of mcm-Hindenburg Omen’s vs NOW…very ominous#SPX #NYSE #INDY #HO pic.twitter.com/RIid3cgZ5j — mcm-ct.com (@mcm_ct) September 10, 2018 ETFs as crash-amplifier? Semiconductor ETF loses record cash amid global chipmaker rout: iShares SOXX fund posted $393 million of outflows last week, deepening Chip decline following poor earnings reports, weak sector outlook. … Read more
An email obtained exclusively by ‘Tucker Carlson Tonight’ reveals that a senior Google employee deployed the company’s resources to increase voter turnout in ways she believed would help Clinton win the election. #Tucker Elsewhere in the email Mario says “Google supported partners like Voto Latino to pay for rides to the polls in key states.” … Read more
by Frank Holmes, CEO, U.S. Global Investors “Capitalism works” is how Ken Langone, billionaire co-founder of Home Depot, opens his new book, I Love Capitalism!: An American Story. “Let me say it again: It works! And—I’m living proof—it can work for anybody and everybody…. Show me where the silver spoon was in my mouth. I’ve got … Read more
by Dr. Eowyn Vampirism is no longer the stuff of horror movies. Vampires today don’t wear black cloaks, nor do they ingest blood via neck-bites. Today, perfectly healthy but wealthy people get their blood via transfusions, at $8,000 for 1.5 liters. The fictional Count Dracula ingests human blood to live; today’s vampires similarly get expensive blood … Read more
Dozens of ‘mysterious radio bursts’ from outer space are detected by alien-hunting artificial intelligence The Breakthrough Listen program picked up 72 new fast radio bursts (FRBs) from a galaxy three billion light years from Earth ARTIFICIAL intelligence searching for alien life in the universe has discovered dozens of previously unknown radio bursts. The Breakthrough Listen … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter The markets no longer have any doubts whatsoever that the Fed will raise its target range for the federal funds rate by a quarter point at its September 25-26 meeting to a range between 2.0% and 2.25%. This will be the third hike in 2018. Its probability is now 100% according … Read more
https://www.youtube.com/watch?v=GEFlf6Gs3SI “No! That Would Be A Utter Waste Of Our Time” Sarah Sanders Strikes Down Reporter Over NYT Op-Ed Sarah Huckabee Sanders today took questions from reporters on nyt op-ed and president trump new york times op-ed this is latest news and breaking news from sarah sanders press briefing and sarah sanders white house press … Read more
https://www.youtube.com/watch?v=MZAvOaUyyiA “If The DOJ Doesn’t Look Into NYT Source They Shouldn’t Be There” Sarah Sander SLAMS ABC Reporter Sarah Huckabee Sanders today took questions from reporters on nyt op-ed and president trump new york times op-ed this is latest news and breaking news from sarah sanders press briefing and sarah sanders white house press briefing … Read more
via telegraph.co.uk: Short sellers have circled Apple on the eve of the tech giant’s highly-anticipated iPhone launch, with the tech giant becoming America’s most bet-against company. Short interest in the company has surpassed bets against Amazon and Tesla in dollar terms recent days, as traders predict that the share price surge that recently made Apple the … Read more
via visualcapitalist: Facebook has found itself in the headlines a lot in 2018, but not for the reasons investors are likely to be excited about. The tech giant battled privacy scandals, policy changes, and dwindling user engagement throughout the year, and in July the company made history with an overnight drop of $119 billion in market … Read more
by Michael Snyder The latest forecast is projecting that Hurricane Florence will strengthen “to near category 5 strength” before it makes landfall in the Carolinas, and it is being called “a serious threat to lives and property”. It is extremely rare for a hurricane of this intensity to come this far north, and one expert is claiming that Florence “has the potential … Read more