Tuesday Watch

Around X:

• @elonmusk   

• Washington DC has the highest median household income in America outside of California’s Bay Area. $121k, versus the national median of $82k. Can anyone explain to me why this is acceptable? Because I’m struggling to think of reasons why we should be okay with it. Interesting. (graph)
• HOW WERE ILLEGAL IMMIGRANTS GETTING $59 MILLION DOLLARS TO STAY IN LUXURY HOTELS IN NEW YORK… …WHEN FEMA TRIED TO KICK OUT 3,000 HURRICANE HELENE VICTIMS IN WESTERN NORTH CAROLINA OUT OF HOTELS IN THE WINTER?!!!!!! CAN SOMEONE PLEASE EXPLAIN THIS TO ME?!!!!!! It is outrageous.

• @amuse

• DOGE: Elon's @doge team discovered FEMA employees illegally sent $59 million last week (in violation of Trump's EO) to house illegal aliens in New York. Perhaps more shockingly, the money went to Pakistan thanks to a deal brokered by Sen Schumer. The Roosevelt Hotel is owned by Pakistan and is now leased by NYC to house illegal migrants. Thanks to FEMA, Pakistan has made $100 million so far out of a total $220 million deal negotiated by the city.

• @nicksortor

• #BREAKING: Elizabeth Warren just ASSAULTED me on camera for asking her WHY she’s so against DOGE & transparency. Or maybe it was because I asked Pocahontas how she amassed a net worth of over $12 MILLION on a $200K government salary. Either way, it’s clear these clowns are NOT able to answer questions. They’re only capable of spewing talking points fed to them by their handlers/lobbyist. HOLD THEM ACCOUNTABLE! We’re the media now.

• @ShadowofEzra

• Tucker Carlson has dropped a bombshell, claiming the Ukrainian military is selling up to half of the weapons funded by U.S. taxpayers to Mexican drug cartels at the U.S. border. He further reveals that U.S. intelligence agencies, including the CIA, are fully aware of this operation—and are profiting from it. "The New York Times can get on the web and order Ukrainian weapons." (video)

• @bennyjohnson

• BREAKING: President Trump meets with family members of the New Orleans Terror attack. Real leadership is back. (video)
• BREAKING: One casualty and 4 others injured in private jet collision at Scottsdale Airport, Arizona. (video)

• @MarioNawful

• TRUMP: ALL HELL BREAK LOOSE IF ISRAELI HOSTAGES ARE NOT BACK BY SATURDAY. “If all the Gaza hostages aren't returned by Saturday at 12pm, I would say cancel the ceasefire. Let all hell break loose. Israel can override it.”
• EX-CIA, USAID OFFICIALS RUN META'S ELECTION "SAFEGUARDS". Meta has reportedly placed former intelligence operatives in charge of its election integrity efforts. The platform's online security chief, ex-CIA officer Aaron Berman, reportedly implemented sweeping content controls across Facebook, Instagram, and WhatsApp during Brazil's 2022 elections. The program included content removal, warning labels, and message forwarding restrictions.

• @WallStreetApes

• This woman is a registered independent voter. She gives her opinion of what she’s seeing between Elon Musk, DOGE and Democrats from an independent voters perspective. This video is only 35 seconds and it skyrocketed to over 105k Likes. It’s pure gold: (video)
• When Elon Musk’s DOGE Team audits the Department of Defense, this needs to be looked at Dr Steven Greer, Founder of the Disclosure Project, exposes how the DoD works with the Military Industrial Complex to create unaccountable money. They’ll say an aircraft costs $2 billion to make, it really cost $150 million, “The rest of it goes through the backdoor into these unsanctioned projects that neither the president nor the congress knows, never mind the American people, multiply that across the whole system.” This is the unelected Deep State Bureaucrats in action. (video)

• @JimFergusonUK

• ITALY BANS INSECTS IN PASTA & PIZZA—NO BUGS FOR THE ITALIANS! The Italian government under Giorgia Meloni is standing firm—NO to lab-grown meat, NO to synthetic foods, and NO to globalist bug-eating agendas.

• @WideAwakeMedia

• RFK Jr: "There's three giant corporations: BlackRock, State Street, and Vanguard." "They've now decided to buy every single family home in America... They literally are trying to buy everything." "Larry Fink, the CEO of BlackRock, is on the board of the World Economic Forum, and they've said we want this Great Reset, which is you will own nothing and you will be happy." "And because they have a huge bank book... your kids do not have a chance to buy that home, because they can't outcompete BlackRock." (video)

• @catturd2

• BREAKING - The FBI has just found over 2,000 secret JFK assassination records, never provided to the Warren Commission. "just found". They think you're stupid.
• It’s time to audit every single Congressman to see exactly how they got filthy rich while they were in office.

• @FinanceLancelot

• Trump is targeting 25% tariffs because China dumps steel and aluminum in Canada below the price it's manufactured in North America. Canada rebrands it as a product of Canada to avoid all US import fees, then dumps it in the US market. (pic)

• @DineshDSouza

• Thanks to @elonmusk and DOGE, we can now answer to the question: How do elected officials and bureaucrats making $200,000 a year accumulate multi-million dollar fortunes? Answer: They’re thieves who use covert schemes to loot the Treasury and steal from the American taxpayer.

• @BGatesIsaPsycho

• “This is Governments way of controlling your Weather”. “This is Bill Gates funding this through Harvard University”. (video)

• @VigilantFox

• REPORT: Joe Rogan just delivered a blunt message to those who pushed the COVID shots and refuse to own their mistakes. “I can’t f*ck with you anymore if you can’t say that you were wrong about that. I just can’t.” But he didn’t stop there. Rogan made it clear that any doctor still pushing the shots should be an instant red flag. “Imagine going to a doctor right now, and they’re telling you, ‘You should get your COVID shots. You should stay up to date.’ Imagine.” (video)
• BREAKING: Jeep debuts the best commercial of Super Bowl 59. They dropped $32 million on this ad—and they’re about to get their money’s worth and then some. Starring Harrison Ford and the American flag, the ad featured several patriotic statements, including: “Freedom is for everybody. But it isn’t free. It’s earned.” “There are real heroes in the world, but not the ones in the movies. Real heroes are humble, and they’re not driven by pride.” “The most sacred thing in life isn’t the path. It’s the freedom to choose it.” (video)
• WHOOPSIE: A resurfaced video shows Mark Cuban PRAISING the idea of REDUCING the size of government. “As a libertarian, I think we can reduce employment in government by at least a third, reduce the overhead and administration by that much or more.” Now, Cuban is accusing DOGE—not the government—of lacking transparency. (video)

• @robbystarbuck

• Reverend Steve Caudle at the Greater Second Missionary Baptist Church in Chattanooga, TN called for violence against Elon Musk in his sermon this week. I don’t think Tennessee is going to take kindly to this disgusting behavior. (video)

• @GeorgePapa19

• Trump Could ‘Go Full Andrew Jackson’ and Ignore Interference from Activist Judges as they have no Constitutional authority to ban an Executive Branch appointee from accessing anything in an Executive Branch agency. The President is the head of the branch. The judge has no power over that plenary Constitutional authority. Defy the orders. Impeach the judge.@SuePearFL

OpenVAERS:

• VAERS US COVID Vaccine Adverse Event Reports. 1,022,221 Reports(+6,174 from prior report) Through December 27, 2024.

SKirsch.com:

• Using the MGH numbers with our own VAERS queries, we have 247 cases per million doses from the MGH study divided by 5.97 cases per million doses from VAERS. 247/5.97 = 41. This suggests that the VAERS under-reporting factor (URF) is 41X.

Night Trading 

• Asian equity indices are -.25% to +.5% on average.

• Asia Ex-Japan Investment Grade CDS Index 75.0 -1.0 basis point.

• China Sovereign CDS 53.5 -1.25 basis points.
  
• China Iron Ore Spot 107.2 USD/Metric Tonne -.02%

• Bloomberg Emerging Markets Currency Index 37.1 -.04%.
• Bloomberg Global Risk-On/Risk Off Index 72.3 -.3%.
• Volatility Index(VIX) futures 17.6 +.2%.
• Euro Stoxx 50 futures -.02%.

• S&P 500 futures -.18%.

• NASDAQ 100 futures -.18%.  

Morning Preview Links

BOTTOM LINE: Asian indices are mostly higher, boosted by technology and commodity shares in the region. I expect US stocks to open modestly lower and to rally into the afternoon, finishing mixed.  The Portfolio is 75% net long heading into the day.