Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Bull markets climb a wall of worry. What the heck happened? OK, it was an ugly week. Facebook (FB) dropped 14% and lost $75 billion in market cap. It’s down 10% year-to-date. It’s currently trying to dig itself deeper into its self-inflicted debacle. It wasn’t just Facebook. Alphabet (GOOG) dropped 10% in … Read more
https://www.youtube.com/watch?v=Venu8IFvID0 Recipe for disaster: if the Bitcoin Ponzi scheme bubble burst, they are going to be even more indebted. JN
by Kimble Charting CLICK ON CHART TO ENLARGE The 2-pack above looks at the KBW Bank Index on a long and short-term basis. The chart on the left looks at the index on a monthly basis over the past 12-years. The rally over the past couple of years brought banks back to where they peaked in 2007 at … Read more
by Dr. Eowyn According to an April 23, 2016 New York Times report by Susanne Craig, Donald Trump owns an air fleet comprised of: A 1991 Boeing 757 jet, which Trump had bought used in 2011 from billionaire Paul Allen. A smaller jet, Cessna 750 Citation X, used on the campaign trail, which Trump also had bought used. … Read more
https://www.youtube.com/watch?v=OK7SP2t_I6Q Joe Saunders for the Conservative Tribune reports, A lawmaker on the House Foreign Affairs Committee just reported where President Donald Trump’s massive White House leak is. Read More/Source/Credit/FairUse: https://conservativetribune.com/break…
via Greg Schnell Today, under the cover of tariffs and China trade, Deutsche Bank (DB) stock gapped down hard. The chart looks gappy because the main trading on DB is traded in Europe. The real problem here is that in the midst of a global expansion, why is a big bank making 52 week lows? The SCTR is at … Read more
by Dave Removing money from politics would fix a lot of things. As would a shorter campaign season. But if we did that, the donors wouldn’t control things nearly so completely, and its a massive ROI for these companies to control the politicians so…catch-22, money remains in politics. But I’m all in favor of removing … Read more
by Disobedient Media It seems as if some measure of bad karma has finally come to haunt the friends of Hillary Clinton, with news emerging this week that France’s former President Nicholas Sarkozy has been indicted for financial corruption in Libya stemming from the late Muammar Gaddafi’s alleged financing of Sarkozy’s 2007 campaign. With the protection of … Read more
via John Murphy U.S. STOCK INDEXES BREAK SUPPORT LINES … Major U.S. stock indexes are under heavy selling today and are breaking some important support lines. Chart 1 shows the Dow Industrials falling below a trendline extending back to early February. That signals a possible drop back to its February intra-day low and its 200-day moving average. Chart 2 … Read more
via Erin Swenlin Two more BUY signals were lost on the DecisionPoint Scoreboards. We haven’t seen the Intermediate-Term Trend Model Neutral signals on the Scoreboards in over a year. This consistent deterioration is worrisome and combined with bearish chart patterns and indicators, I’d have to say the correction is still ‘on’. Our climactic indicators give us … Read more
by I_HAVE_POON_WORMZ Mueller & Kerry prep school lovers w/ pics. Same prep school was attened by Astor’s, Vanderbilt’s, & JP Morgan Jr. http://www.dailymail.co.uk/news/article-4611302/Trump-probe-Mueller-s-elite-prep-school-revealed.html BCCI investigation as reported by the failing New York Times in 1991. Now the fight among investigators is coming out into the open. Manhattan District Attorney Robert Morgenthau, who gave impetus … Read more
Signed by the Governor: Michigan Bans “Material Support or Resources” for Warrantless Federal Surveillance LANSING, Mich. (March 20, 2018) – On Monday, Michigan Gov. Rick Snyder signed a bill that bans “material support or resources” for warrantless federal surveillance programs. This is an essential step every state needs to take at a time when the federal … Read more
During his recent appearance on PRIMO NUTMEG #135, former Congressman Ron Paul explained that Democrats and Republicans share the same fiscal, monetary and foreign policies. https://www.youtube.com/watch?v=RMjySoSicHc
Bachhuber’s research could not prove that medical cannabis use directly led to fewer opioid overdoses. In addition, the overdose count included both prescription opioids and illegal heroin. But the study opened the eyes of many researchers to a possible relation between marijuana and painkiller use. “I think medical cannabis could fall into the category of … Read more
by DeepHistory Our constitutional republic has been subverted. Politicians and special interest groups are exploiting the emotional response to a national tragedy to erode our rights. They used 9/11 to ram through the PATRIOT Act and a host of other police state measures and now they’re trying to use Parkland to ram through a bunch … Read more
Rand Paul blasts omnibus: Maybe holding hands with Dems isn’t a great idea Sen. Rand Paul (R-Ky.) blasted Republicans for “holding hands” with Democrats over a massive funding bill signed into effect this week that he criticizes for skyrocketing the national debt and failing to deliver on key Republican agenda items. “The debt is up over a trillion the … Read more
Foreign governments can now apparently command US firms to give them data on US citizens without any involvement by the US itself, under this act: http://archive.is/j8fiL
When you allow people to vote themselves raises twice a year, what else would you expect? According to Rand Paul, the US government has become so disgustingly gluttonous that they spend $1.7 billion a year to maintain 770,000 EMPTY buildings—all the while, purchasing more property. Washington, D.C. — This week, the US Congress passed the massive … Read more
