Independent thinking for complex markets and current events
Expect chop then higher moves if the dip plays out as planned. Trump is doing this for one reason and one reason only: Markets have stalled at these levels, the AI trade is getting deleveraged. Put/Call ratio is at record lows = Nobody is short. He needs a dip and ensuing VIX spike in order …
Ed Zitron, CEO at EZ Primary Research, said that the risk of balancing the equity market on record public offerings for AI companies that have never reported profit is a dangerous proposition and that those companies should not be allowed to IPO. Zitron, an AI skeptic, said that many of these companies will not last …
I wonder what the hell happened to her.. pic.twitter.com/pdt7CMaOJZ — MAGATRON (@jewronimox) July 7, 2026 Ellen Page is also proof that people in this country have been sold a dangerous lie about gender ideology. Overly emotional people with unresolved psychological issues have been easily brainwashed into believing it. If you truly know who you are, …
Satya Nadella at Microsoft, Sundar Pichai at Google and others born in India now run major firms. Companies move engineering and support roles overseas to cut costs. H-1B visas bring in foreign workers often at lower wages than US talent. Recent layoffs at Microsoft and Xbox paired with new visa filings fuel replacement claims. Without …
Around 5,000 U.S. aircraft sorties were launched from European air bases as part of the military operation against Iran, confirming that Europe remains an important military ally of Washington. This was stated by NATO Secretary General Mark Rutte in an interview with the Financial Times. “European countries are delivering on their commitments. This resulted in …
Buffer used to cushion war driven prices is nearly exhausted. “BREAKING: The US Strategic Petroleum Reserve just hit its lowest level since 1983. Crude oil stocks fell to 319.5 million barrels, down 6.2 million barrels in a single week. And the timing could not be worse. Every time oil prices spiked since the Iran war …
That didn’t take long. The court kept Marine Le Pen’s embezzlement conviction in place. But it shortened her ban from holding office. Within hours, she was back in the race for France’s 2027 presidential election. That tells you everything about how she sees this moment. Not as a setback. As an opening. Her campaign is …
This is how the game usually works. Nobody wanted to chase Chipotle near the highs. Now the stock is down roughly 46%, and suddenly it’s a “rare valuation opportunity.” JPMorgan just upgraded the stock to overweight. The timing is interesting. Chipotle spent four straight quarters losing customer traffic. It posted its first annual same store …
Apple (AAPL) on Wednesday announced it has entered into a chip deal valued at more than $30 billion with Broadcom (AVGO). Under the terms of the deal, Broadcom will design and produce “custom silicon components and cutting-edge wireless connectivity technologies” for Apple products. The news comes after Broadcom filed paperwork with the Securities and Exchange …
On July 7, 2026, at approximately 6:50 AM CT, ICE law enforcement attempted to conduct a vehicle stop as part of a targeted enforcement operation to arrest an illegal alien. The driver of the vehicle, Lorenzo Salgado Araujo—an illegal alien from Mexico—attempted to evade arrest.… https://t.co/2TWG3GuOr9 — Homeland Security (@DHSgov) July 7, 2026 The Department …
Flock cameras scan up 20 billion plates a month. Tell me again how this isn’t a nationwide tracking system. Answer the questions @glangley 🤌 pic.twitter.com/oeqWHrnBic — Jason Bassler (@JasonBassler1) July 7, 2026 I think a lot of people still believe these cameras just catch stolen cars. That’s only part of the story. Flock Safety has …
Many here know about the Thule airbase but how many of you have heard of Camp Century? There are some documentaries around though. I came across one on ARTE, I also saw there is somthing on Youtube (not sure it’s still there though). They built an underground town, complete with small wooden houses inside a …
Record wildfires are raging across much of Southern Europe, forcing thousands of residents to evacuate and leaving tourists caught in the middle.
Trump on Iran: "We've already got the nuclear material" pic.twitter.com/5YEiWp3TXu — Aaron Rupar (@atrupar) July 8, 2026 I’m confused. Also today: Trump: Any time we hit Iran, oil goes up a little bit. It's all right. We're de-nuking it. We're de-nuking Iran. pic.twitter.com/Yva8TBkzJm — FactPost (@factpostnews) July 8, 2026 AC
A student pilot was forced to land her plane alone after her instructor ‘jumped’ from the aircraft during their flight in Argentina. The 22-year-old had been training with her instructor, Leandro Bertazzo, 42, in a Cessna C-150 when he evacuated the aircraft. Although investigators are looking into the reasons behind his sudden death, the student, …
Bill Ackman @BillAckman How to destroy a city. Win an election by promising half the tenants frozen rents paid for by increased rents on the rest of the city’s tenants who often live in the same buildings with their subsidized neighbors. Pit neighbor against neighbor. Create a city hostile to developers of apartments eliminating the …
This isn’t another contract. The government bought the facilities. CoreCivic sold two of its biggest California detention centers to the Department of Homeland Security for $1.5 billion in cash. That number caught my attention. Washington didn’t lease more space. It bought the infrastructure. The facilities were already being used for immigration detention. Now DHS owns …
Trump brags that he has "led a historic effort to dramatically increase the defense spending" pic.twitter.com/HehVbUCyiN — FactPost (@factpostnews) July 8, 2026 Trump: We’ll taking in over $1 trillion a year toward defense, and that's a tremendous amount of money. It's a big up. There were 2%. They were actually a 1%. I got them …
Whoever arranged those 20 inside is actually a genius 😹 pic.twitter.com/6klp5ajxnV — Realest (@realestclips) July 8, 2026
17-year-old lit artificial plant to win a bet. Fire spread rapidly through craft aisle. Store evacuated safely but suffered huge losses. Over $2 million cleanup plus $8 million+ in merchandise and building damage. Pleaded guilty to felony arson and property damage. Sentenced to 60 days jail, 8 years probation, and $8.6 million restitution. She will …
University of California, Riverside associate professor Brandon Robinson argued that a sexual identity label like “gay” or “lesbian” “harms trans people” and called for abolishing sexual identities altogether. While promoting the book “Trans Pleasure: On Gender Liberation and Sexual Freedom,” Robinson, a member of the Gender & Sexuality Studies Department, spoke with UC Riverside about …
This story is honestly hard to believe. A routine daycare checkup found a large hole in a 2 year old’s heart. Doctors tested his brother. Same problem. Then they checked the other two siblings. All four children had congenital heart defects. The two brothers ended up needing surgery at Monroe Carell Jr. Children’s Hospital. Here’s …
via notayesmanseconomics One of my main themes is that the western political structure seems unable to wean itself off a policy of fiscal stimulus and largesse.There were the extraordinary spending efforts in the Covid pandemic which you might reasonably think would be followed by some retrenchment. But that has not happened and we have seen …
I wonder if this guy can run for his Senate seat in Kentucky? Supposedly this was said in jest too for anyone wondering about that. I spoke to McConnell for about 20 minutes this morning. He said we should end the war with Iran, quit giving aid to Israel, stop spying on Americans without a …
This caught my eye for one reason. Who still gets to borrow money at 1.5% today? The NCUA is offering $13 million in low interest loans to low income designated credit unions. Each institution can borrow up to $500,000. The money is supposed to help pay for new products and office expansions. Applications are already …
Your next passport photo could be taken in your living room. Secretary of State Marco Rubio announced plans to let Americans use their phone or laptop camera to capture passport photos from home instead of visiting CVS, Walgreens, or another photo service. The State Department says the images would be verified in real time using …
Wow. For the first time I have ever seen, 200/200 of the largest insider trades over the week were all SELLS. This is absolutely not normal. pic.twitter.com/SA7vE3JxWe — Kevin Malone (@Malone_Wealth) July 8, 2026 It can't be a coincidence, the day after every American is encouraged to buy stocks the entire market begins its downturn. …
via gainspainscapital The U.S. is looking poorly on the global stage. For one thing, the debacle in Iran is dragging on far too long. Iran’s military capabilities are nowhere near the level of the U.S. And while the U.S. has crippled Iran’s navy, air force, and most of its missile defense systems, the latter nation …
