Independent thinking for complex markets and current events
All good things come to an end! The S&P 500 $SPX 400 trading day stretch without falling by more than 2% has ended. pic.twitter.com/rgXR1xL3lo — Barchart (@Barchart) July 24, 2024 Interesting to see the 10 year yield actually move higher during the most intense part of the selling. Are treasuries no longer a flight to …
Can "stocks" rally without Tech? Every pundit yesterday said yes. Today, even the Russell 2000 can't rally without Tech. Note that every time the RUT broke the upper Bollinger band (2 sigma) the market imploded. Six times in a row, now on seven… pic.twitter.com/6l5gh5sWLu — Mac10 (@SuburbanDrone) July 17, 2024 What happened in Y2K when …
We are now in the longest yield curve inversion on record without a recession. byu/nobjos inwallstreetbets
Allstate is seeking an increase in its California homeowners insurance premiums by an average of 34%. According to the California Department of Insurance, the Allstate homeowners filing was received by the Department on April 14, 2023. The initial rate request was 39.6%. Consumer Watchdog petitioned to intervene in July 2023. In January of this year, …
New Therapy Fights Bacteria Without Antibiotics Researchers at the University of Pennsylvania and Stanford University have developed a novel technique using sugar-coated gold nanoparticles. When heated by near-infrared lasers, these nanoparticles can both show and destroy biofilms in infected teeth and skin wounds of rats and mice. Biofilms are groups of tiny living things that …
via thehill: President Biden called into “Morning Joe” on Monday for a defiant interview in which he dismissed what he called “big names” and “elites” in the Democratic Party who have called for him to step aside as the nominee. “I’m getting frustrated by the elites in the party, ‘Oh, they know so much more,’” Biden …
OMG what a complete disaster! Biden needs to resign!
The Republican National Committee (RNC) and members of Arizona’s state Legislature filed a motion on July 1 to stay a federal court order to block certain voters who registered with a federal voter registration form from voting in the November elections. RNC Chairman Michael Whatley said in a statement that the emergency motion was filed …
“The difficulties facing children today can be traced to many factors, from the advent of smartphones and social media to the failure of state-run education and malicious influences in pop culture. But the most important, and perhaps least acknowledged, cause has been the disappearance of fathers from the lives of their kids.” https://pjmedia.com/terry-schilling/2024/06/24/we-cant-protect-kids-without-fathers-n4930104
Recent findings from computer scientists at Graz University of Technology reveal a chilling security loophole dubbed “SnailLoad.” This vulnerability bypasses traditional safeguards like firewalls and VPNs by exploiting fluctuations in internet connection speeds. Even without malicious code, attackers can meticulously track users’ online activities after a single innocuous interaction, such as visiting a website or …
Julian Assange, the founder of WikiLeaks, has indeed reached a plea deal with the U.S. Justice Department. According to court documents filed recently, Assange will plead guilty to a felony charge related to the Espionage Act. This deal will allow him to avoid imprisonment and resolve a long-running legal saga that spanned multiple continents. The charge specifically relates to conspiring to unlawfully obtain and …
In some areas of certain cities, the fire department will no longer enter without police escort. If a society is going to treat fire department rescuers like this, don’t expect them to be there when you really need them in an emergency. 🔊 pic.twitter.com/IEamCYVK7s — Wall Street Mav (@WallStreetMav) June 24, 2024
Surely a basic competence test should be the MINIMUM requirement. h/t Harmful bug
democratic island succumb to the will of Beijing’s ruling Communist Party without ever firing a shot, a prominent think tank warns. Fears the Communist Party might make good on its promise to one day take control of Taiwan, by force if necessary, have been heightened in recent years by Chinese leader Xi Jinping’s increasingly bellicose …
The S&P 500 has gone 377 days without a 2.05% sell-off. That’s the longest stretch for the benchmark since the great financial crisis, according to FactSet data compiled by CNBC. This market lull comes as investors pile into megacap tech stocks, such as Nvidia, amid bets that artificial intelligence will boost profits. Wall Street’s climb …
Zelensky lands in Saudi on unannounced visit: state media — zerohedge (@zerohedge) June 12, 2024 Maybe his money machine has broken? Probably because they just refused to renew the past 50yr petrodollar agreement. He needs the petrodollar stability to ensure his war funding liquidity and trade value remains unabated. I am torn on this. The …
San Francisco opened its first $5.5 million free food “market”, where approved residents can show a benefits eligibility card, put what they want in their carts, check out to keep track of outgoing inventory, and leave without paying. The Bayview-Hunters Point facility aims to be a food pantry alternative that replicates the supermarket experience in …
Now Dr. Richard Lieu at The University of Alabama in Huntsville (UAH) has published a paper in the Monthly Notices of the Royal Astronomical Society that shows, for the first time, how gravity can exist without mass, providing an alternative theory that could potentially mitigate the need for dark matter. “My own inspiration came from …
If you cannot afford to put equity down against any leverage you take on to buy an asset not only you are almost guaranteed to fall into negative equity, but also to become “slave” of your lender that will let you pay for any loss from foreclosing and dumping your home collateral https://t.co/8b9AUE6SyM — JustDario …
Corrupt Judge Says Jury Can Convict Trump Without Agreeing on Crime. Closing arguments in former President Donald Trump‘s Manhattan “hush money” trial begin today, and the judge gave the jury the green light to convict him without agreeing on the underlying ‘predicate’ crime he committed. First, into the legal weeds: Trump’s being charged for labeling …
The French capital Paris will be split into zones this summer, with anyone wanting to enter certain areas required to show a pass on their phone. Special measures will be in place throughout the city as part of increased security around the Olympic Games, which start in July. Anyone wishing to enter certain zones, including …
Tell me College is a scam without telling me pic.twitter.com/KmSdK1jgq2 — Clown World ™ 🤡 (@ClownWorld) May 9, 2024 My sister graduated college with a major in sociology and minor in criminology. Completely useless piece of paper. She’s the general manager of a chain of drycleaners after working her way up as a customer service …
American Tax Payers Are Told Social Security Is Running Out For Them But Not If You’re “A Refugee” From Ukraine President Joe Biden Signed H.R. 7691 Qualifying Refugees From Ukraine TO CLAIM SOCIAL SECURITY BENEFITS – They're not paying into the system– They're not from this… pic.twitter.com/fuO29Tqbas — Wall Street Apes (@WallStreetApes) May 8, 2024 …
A Boeing 767 cargo plane has crashed upon landing in Turkey this morning after its landing gear failed when it came in to land. The flight, operated by American postal service FedEx, took off from Paris’ Charles de Gaulle airport early this morning and was headed for Istanbul when the pilot realised the landing gear …
The Biden administration claimed credit for negotiating a ceasefire today, though it was seen as more of a Hamas wishlist, with Israel not involved in the process. This move, perceived as desperate for a win, led to claims of victory by the administration’s supporters. The highly unpopular, pathetic Biden regime is so desperate for a …
Key points: The U.S. plans to build its first nuclear warhead in 40 years, the W93, without conducting nuclear testing. The W93 warhead, costing $19.8 billion, will be used on submarine-launched ballistic missiles and is scheduled for production in the mid-2030s. It aims to reduce reliance on existing warheads like the W76 and W88 and …
Go to a Supreme Court case. He is on lockdown by a corrupt judge who is severely biased and not following the law. Stopping the largest candidate on the election ticket from campaigning is election interference. Suprme Court needs to shut this case down if its in their power. BREAKING: Donald Trump speaks out after …
Apparently you can’t even withdraw your own money from a bank in Canada without being thoroughly interrogated. Guy gets refused Apparently you can’t even withdraw your own money from a bank in Canada without being thoroughly interrogated. How is it any of their business what you do with your money? pic.twitter.com/qU0Ktubq9k — Ian Miles Cheong …
So the same FBI, who Johnson admits has thousands of abuses, meet with him in private and he believed every word they said? I loathe this utter phony loser. https://t.co/PWRSnOQjRy — Catturd ™ (@catturd2) April 12, 2024 Unfortunately, Speaker Johnson is caving again. He goes from giving in on spending bills, and possibly the border, …