Semiconductor Index $SOX hits record 1.39 relative to S&P 500, extends 18-day rally and trades 40% above 200-day average. Similar Bollinger Band breakout occurred during dot-com bubble in 2000 before semiconductor collapse of roughly 80% over two years

Just like the Nasdaq blowoff in early 2000 where every tech index screamed higher right before the crash wiped out years of gains. ⚠️THIS IS ABSOLUTELY INSANE:The Semiconductor Index, $SOX, relative to the S&P 500, rose to an all-time high …

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Stephen Miller coordinating effort to militarize Washington, army extends orders and FBI unmarked cars are exposed.

Stephen Miller is directing a federal campaign to militarize Washington, and the public sees only carefully curated silence. The Army extended deployment orders through November 30 without warning, concealing the fact that accountability has been suspended. https://abcnews.go.com/Politics/story?id=125266247 Brig. Gen. Leland …

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Trump extends Russia sanctions for another year.

US President Donald Trump has signed an executive order extending for another year certain sanctions against Russia over the Ukraine conflict, according to documents released by the White House on Thursday. Initially imposed in 2014 following Crimea’s reunification with Russia, …

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Italy extends ban on surrogate pregnancy.

TL;DR Italy extends its ban on surrogacy to prevent citizens from using the practice abroad. Prime Minister Meloni calls it a safeguard against the commodification of women and children. Surrogacy industry has grown from $4 billion to $14 billion in …

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The rig count is still in plunge mode… The United States drained its strategic reserve… Crude oil prices rise above $87.00 for the first time since November 2022 as Saudi Arabia extends production cuts

The rig count is still in plunge mode… *A cumulative $4.9T of investments in global upstream oil and gas are needed by 2030 to meet market needs and prevent a supply shortfall" —International Energy Forum (IEF) and S&P Global Commodity …

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Canada extends 25-year mortgages to 90-years… Difference in interest paid for 25-year and 90-year mortgages: $448,196 vs $2,124,469, respectively.

In Canada, some 25-year mortgages are being extended to 90-years. Here’s the difference in interest paid with a $500,000 mortgage and 5.80% rate: -25 year mortgage: $448,196 -90 year mortgage: $2,124,469 🥴 pic.twitter.com/F3OMBbsMs7 — Genevieve Roch-Decter, CFA (@GRDecter) August 11, 2023 https://t.co/STTij43EvE — Genevieve …

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Disney extends CEO Bob Iger’s contract through 2026, two years longer than planned

Source: https://www.cnbc.com/2023/07/12/disney-extends-ceo-bob-igers-contract-through-2026-two-years-longer-than-planned.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard As a non-shareholder, I just can’t help but cringe at Disney’s current situation. Everyone lauded Bob Iger until it became obvious all the guy knew was overpaying for existing IP. That style of “growth” blew up in his face …

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