Morning Market Internals

NYSE Composite Index:

• Volume Running -14.7% Below 100-Day Average 
• Nasdaq/NYSE Volume Ratio 12.1 +.7
  
• 4 Sectors Declining, 7 Sectors Rising
• 50.9% of Issues Advancing, 46.4% Declining 
• TRIN/Arms 1.44 +65.5% 
• Non-Block Money Flow -$89.5M
  
• 88 New 52-Week Highs, 16 New Lows
• 62.2%(+.03%) of Issues Above 200-day Moving Average
• Average 14-Day RSI 62.0 -2.0
  

Other:

• Bloomberg Global Risk-On/Risk-Off Index 61.1 -.5%
• Bloomberg Cyclicals/Defensives Pair Index 138.1 -.26%
  
• Russell 1000: Growth/Value 19,082.2 +.35%
• CNN Fear & Greed Index 76.0 (Extreme Greed) -1.0
• 1-Day Vix 8.0 -15.5%
  
• Vix 13.8 +4.3%
  
• Total Put/Call .92 +2.2%

Monday Watch

Today's Headlines

Bloomberg:

• Three US Troops Killed in Attack Tied to Iran-Backed Groups.
• Biden Faces Pressure to Confront Iran After US Troops Killed.
• China to Merge Three Bad-Debt Managers Into CIC, Xinhua Says.
• US Considers Slowing Some Weapons Sales to Israel, NBC Says.
• US and Chinese Officials to Meet on Fentanyl Crackdown.
• UK Job Vacancies Fall by Most in Three Years in Sign Labor Market Is Cooling.
• UK Profit Warnings Last Year Exceeded Height of 2008 Crisis.
• Australia’s Sovereign Wealth Fund Appoints Combet as New Chair.
• Goldman, JPMorgan See Euro Challenging Yen as Carry-Trade Funder. 
• Oil Jumps After Separate Attacks Escalate Middle East Tensions.
• Reddit Advised to Target at Least $5 Billion Valuation in IPO.
• Stock Market’s Fate Rests on $10 Trillion in Big Tech Earnings.
• Unhappy Workers Cost US Firms $1.9 Trillion.
• Wall Street Has a Dire Warning About Green Investments Under New ‘Endgame’ Rule.
• After Debt Sale Deluge, Early Signs of a Hangover.
• Blackstone Is Building a $25 Billion Empire of Power-Hungry Data Centers.
• Five Things You Need to Know to Start Your Day:  Asia.

Zero Hedge:

• Congressional Hawks Urge 'Hit Iran Hard' After 3 US Troops Killed By Tehran-Aligned Militants.
• Biden Blackmail Intensifies: Won't Shut Border Until Congress Coughs Up Ukraine, Israel Funds. 
• "Dangerous Game": Chevron Warns California That Anti-Petrol Policies Could Result In Gas Price Spikes, Shortages.
• 83 Million!?
• Why Americans Do Not See A Strong Economy.
• CA Bill Would Electronically Restrict Cars With 'Speed Governors'.
• Major Donor Calls For Cornell University President To Resign For Allegedly Promoting DEI.
• Weekend News Round Up - Newsquawk Asia-Pac Market Open.
• US Officials Believe North Korea Will Soon Launch 'Limited' Attack On South.
• FBI Official’s Anti-Trump Post Violated Federal Law: Watchdog.
• TME Weekend: Teflon bull.
• Goldman Trading Desk: Theme Of The Week Was Increased Appetite For Stocks Ex Mag 7.
• The Great Growth Hoax. 
• This Week Will Be Determined By What Powell Says Between 2:30pm And 3:00pm ET on Wednesday.
• Chicago Democrat Demands Officials Nix 'Sanctuary City' Status As Migrant Crisis Overwhelms.
• Three US Troops Killed, 25 Injured, After Drone Slams Into Base On Jordanian Border.
• Netanyahu And Sinwar's Forever War: Perpetual Conflict In Gaza.
• 'Because It Was Un-Inverted' - Goldman Trader Warns Of Yield-Curve Steepening Implications.
• RFK Jr. Campaign Collects Enough Signatures To Get On New Hampshire Ballot.
• Paul Craig Roberts: RIP, The Western World.
• Biden To Announce Billions In New Chip Subsidies.
• European Leaders Are Anxious About A Possible Trump Win.
• Border Patrol Says Agents Will Not Remove Texas Razor Wire Barriers.
• Most Airplane Accidents Happen During Landing.
• We Can't Ban Our Way To A Better World.
• The Longest General Election: Gingrich.
• DEI Priorities Interfere With FBI Hiring, Undercut National Security, Report Claims.
• Goldman: The Risk Of Pain Trades Rises As We Head Into Next Week's Barrage.
• 24 GOP Legislators In Pennsylvania Challenge Biden Over Voter Registration Executive Order.
• Lyin' Biden: Speaker Johnson Debunks 'Need' To Pass Ukraine-Israel Funds Before Securing Border.
• Fani Comes Under Immense Pressure As 22 Articles Of Impeachment Filed For "Malfeasance, Oppression, And Tyrannical Partiality".
• A Ukrainian Model's Crowning As 'Miss Japan' Shows The Spread Of Liberal-Globalism In Asia. 
• 9 Factors Driving Energy Markets In 2024. 
• Biden's Real Oil-For-Fake Democracy Plan Ruined After Venezuela Blocks Opposition Leader's Presidential Run.
• More Senate Republicans Embrace Trump As He Marches Toward GOP Nomination.

Wall Street Journal:

• Argentina’s President Promised a Free-Market Revolution, and Says He’s Delivering.
• High Interest Rates Crushed Startup Investment. Here Is What Could Revive It.
• How ‘Our Democracy’ Became Undemocratic. The word used to signify elections and self-rule. Now it means whatever progressives want.
• An EV Charger for Everyone—Courtesy of Taxpayers. Treasury rewrites subsidy rules so nearly everyone qualifies, continuing to blow open the Inflation Reduction Act.
• Israel Struggles to Destroy Hamas’s Gaza Tunnel Network.

CNBC:

• First-of-its-kind campaign fundraiser in the works with Bill Clinton, Barack Obama and Biden.
• Big pharma is at a crossroads, as Merck, J&J, others prepare to lose revenue from blockbuster drugs.
• House GOP releases impeachment articles in bid to oust Homeland Security’s Mayorkas over the border.
• American Airlines’ hard landing on Maui sends 6 to hospital.

Reuters:

• China securities regulator suspends restricted share lending from Monday.

MarketWatch.com:

• The busiest and most crucial week for fourth-quarter earnings is here. These five companies will do the heavy lifting.
• More renters than ever now spend too much of their incomes on housing, Harvard study finds.

NewsMax:

• Israel Faces 'Intensive Battles' in Gaza as UN Controversy Grows.
• Dick Morris: GOP Must Prepare for Michelle Obama Run.
• Gov. Burgum: Border a 'Constitutional Crisis'.

Fox News:

• Biden admin jolted by scathing wake-up call amid allegations of betraying public trust.
• Trump blasts Biden after 3 US service members killed by Iran-backed militia.
• One of nation's most elite military branches lowers bar even more for new recruits.
• Deranged climate protesters throw soup on world's most famous painting.
• Black male voters unleash their frustrations about Biden and Dems: 'You can't dangle carrots'.

TheGatewayPundit.com:

• IT WAS A UNITED FRONT… Trump’s Legal Team Reveals Shocking ‘Conflict of Interest’ in E. Jean Carroll Case: Judge Lewis Kaplan and E. Jean Carroll’s Lawyer Roberta Kaplan Worked Together at Same Law Firm — Judge Allegedly Served as Mentor
• Oklahoma GOP Passes Resolution to Condemn and Censure Sen. James Lankford for Outrageous Border Deal.
• What the Heck? New Poll Finds NEARLY A FIFTH of Voters ‘Likely’ to Back Candidate Endorsed by Taylor Swift.
• PARIS UNDER SIEGE: Farmers Block All Highways to the City – Security Forces on High Alert – Minister Vows ‘No Tractor Will Enter the Capital’ (VIDEOS).
• Is Nikki Haley a Soros Plant?… Haley Tells Meet the Press: “I Absolutely Trust the Jury” in Crazy E. Jean Carroll’s Disgusting Lawfare Case Against Trump.
• Ultra-Woke Alaska Airlines Sued by Christian Former Employees Over Religious Discrimination.
• Snoop Dogg Reverses Stance on Trump, Expresses ‘Nothing But Love and Respect’ for Former President.
• EXCLUSIVE: Proposed Bills to Florida Legislature Will Address Hundreds of Missing Controls in State’s Election Process.
• “This Is a Movement, People are Tired of the Overreach – And We’re Pushing Back!” – Rep. Keith Self: 700,000 Vehicles Predicted to Join “Take Our Border Back” Convoy This Coming Week.
• North Carolina GOP District Calls for Vote of No Confidence for Chairwoman Ronna McDaniel ahead of RNC Winter Meeting.
• Biden Family Associate Testifies Joe Met with Chinese Industry Leader – Then Hunter Was Given a $3 Million ‘Thank You’.
• Maryland Democrat Introduces Bill That Would Require Gun Owners to Have at Least $300K in Liability Insurance to Carry.
• Left Wing ‘Fact Checker’ Snopes Forced to Admit Biden Was Wearing a Hard Hat Backwards After Being ‘Flooded’ With Comments.
• Crazy E. Jean Carroll Accused Several Men of Sexual Abuse Including CBS CEO Les Moonves – Who Also Emphatically Denies Her Accusation.
• Black Voters in South Carolina Turn on Joe Biden Ahead of Democrat Primary (VIDEO).
• Who is Bill Clinton-Appointed Judge Lewis Kaplan, the Judge in the E. Jean Carroll Case?
• WATCH: Microsoft CEO Says AI Needs ‘Guardrails’ After Pornographic Deepfake Images of Taylor Swift Go Viral.
• Victor Reacts: We Are Witnessing Justice Die (VIDEO).

The Epoch Times:

• China: Spooked Stock Investors Turn to US, Japan, and Crypto.
• CCP May Force Women to Have Babies as Birth Rate Hit Record Low: Demographer.

X:

• @VigilantFox - ALARMING: “Sudden” and “unexpected” deaths have almost DOUBLED since the rollout of the so-called COVID-19 vaccines, according to obituary database. “At this point, a young person dying unexpectedly, to me, unfortunately, it is the vaccine until proven otherwise,” says Dr. @PierreKory. (video)
• @JimFergusonUK - Mass Scale protests across the European Continent as millions begin to push back against the Globalists and their attacks on the farmers. Climate scam, Net Zero and Carbon and Nitrogen reducing hoaxes are being used to bankrupt farmers so the globalists can control the food supplies. Obey or you don't eat. Its time to resist. (pic)
• @wendyp4545 - Breaking News: $40 million is probably the tip of the iceberg FIVE Ukrainian officials charged with stealing $40M in war funds: ‘Most corrupt country in the world!’
• @wideawake_media - Australian broadcaster, Alan Jones, utterly schools a panel of climate zealots on the reality of the #ClimateScam. "CO2 is 0.04% of the atmosphere, and human beings are responsible for 3% of that 0.04%... It's like saying: 'There's a granule of sugar on the Harbour Bridge. Clean the bridge up, it's dirty'." (video) "What happens when you exceed your carbon limit, and you discover that your ability to buy and sell is suddenly cut off?" Australian senator, Ralph Babet, implores all freedom-loving people to resist the imposition of CBDC and digital ID. (video)
• @BGatesIsaPsycho - Significantly important Speech “Woke is Marxism - evolved to attack the West”. Please please please listen - it’s important to understand Wokeism in order to defeat it. (video)
• @TonyClimate - China is planning on building 655 new coal fired power plants, while Americans are cutting back on the thickness of their plastic bags by a few microns. (map)
  
• @goddeketal - THREAD: Remember when they cancelled millions of cancer screening appointments, leading to a significant increase in avoidable cancer deaths, while they performed ridiculous dance routines instead? Let me show you 25 more pieces of evidence proving that Covid was a big hoax. (video)
• @EndWokeness - Primary any Republican that signs onto this Senate Amnesty Deal. This "deal" allows 5,000-8,500 illegals to cross per day before DHS starts turning people back. 8,500 x 365 = 3,102,500 per year. This is on top of the 8 million illegals who crossed already under Biden. If DHS can enforce border security after 8,500 illegals cross per day, it can do enforcement after 1 illegal crosses.
• @PierreKory - Something about the COVID vaccines is causing them to sicken people in direct proximity to recently vaccinated individuals. This article has the science on how that could be possible and covers what people are doing to protect themselves.

OpenVAERS:

• VAERS US COVID Vaccine Adverse Event Reports. 1,000,725 Reports(+2,808 from prior week) Through December 29th, 2023.

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 indices are +.25% to +1.25% on average.
• Asia Ex-Japan Investment Grade CDS Index 100.75 +2.0 basis points.
  
• China Sovereign CDS 65.25 +1.25 basis points.
• China Iron Ore Spot 136.0 USD/Metric Tonne +.7%.
  
• Bloomberg Emerging Markets Currency Index 40.8 unch.
• Bloomberg Global Risk-On/Risk Off Index 61.5 +.1%.
• Volatility Index(VIX) futures 14.2 +.6%. 
• Euro Stoxx 50 futures -.17%.
• S&P 500 futures -.08%.
• NASDAQ 100 futures +.04%.

Morning Preview Links

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

Today's Headlines

Bloomberg:

• US Fires on Houthi Missile Hours After Trafigura Ship Attack.
• China Industrial Profits Fall in 2023 as Demand Remains Weak.
• US Aims to Announce Big Grants for Chip Plants by End of March.
• US Wants Cloud Firms to Report Foreign Users Building AI.
• Millennium Pulls Out of Hedge Fund It Backed With $1.5 Billion.
• Musk’s X Pledges 100-Person Office in Texas to Police Content.
• United Poised to Resume Flights of Boeing 737 Max 9 Jetliners.
• Economists May Be Using Bad Data to Make Big Decisions.
• Chevron Says California Plays a Risky Game With Climate and Gasoline.

Zero Hedge:

• DNI Investigation Reveals How CCP Interfered In US Election.
• Border Patrol Says Agents Will Not Remove Texas Razor Wire Barriers.
• Woke Maryland Private School Questions Young Boys About "Gender" & "Sexuality".
• Rand Paul: It's Time The US Stopped Being "The Sugar Daddy Of The Entire World".
• British Oil Tanker On Fire For Several Hours After Houthi Attack, Dramatic Photos Show.
• Trump Says Texas Rightly Invoked 'Invasion' Clause Over Biden's Open Border.
• The Slow Death Of America's Unions.
• Watch: Gov. Abbott Tells Tucker He's Not Backing Down, Expects Red States To Circle Wagons, & Trump Elected In November.
• Defying Inflation, Americans Have Kept Spending Money.
• "God Help Us In The Next Crisis".
• US Median Rents Slide For Eighth Month On Surge In New Apartment Supply .
• Janet Yellen Bets $2 Trillion That Rates Will Not Be Higher-For-Longer.
• "Legal System Out Of Control" - Trump Rages At $83M Damages In (Second) Carroll Defamation Case.
• Why so serious? 
• Davos, Dictators, & The Real "Threats To Our Democracy".
• Escobar: Five Variables Defining Our Future.
• Here's Every EV Qualified For US Tax Credits In 2024.
• The Price Of Failed Wars. 
• These Are The Most-Popular AI Tools.
• Growing Concerns Over Links Between Transgenderism And Violence. 
• Email Reveals Why CDC Didn’t Issue Alert On COVID Vaccines And Myocarditis.

Wall Street Journal:

• The Sneaky Road Back to Racial Preferences in Admissions. Will a Virginia high school’s anti-Asian policies evade the Supreme Court?
• Apple, Boeing, GM Usher in Latest Week of Packed Earnings.
• More Countries Halt Aid to U.N. Agency Amid Claims Staff Involved in Israel Attack.
• The Most Important Man in Finance You've Never Heard Of.
• Why More Women Are Being Diagnosed With ADHD.
• Why More Chinese Workers Are Settling for Less Pay.

Barron's:

• Had bullish commentary on (CHK), (NVDA), (LVS) and (BFAM).

CNBC:

• Beijing intensifies military pressure on Taiwan as U.S.-China talks resume. 
• A handful of space companies are running out of cash and time. Here are three at risk.
• Stock market to ‘nowhere?’ Two ETF experts see more trouble ahead in China.
• Sextortion training materials found on TikTok, Instagram and YouTube, according to a new report.

Reuters:

• US to announce billions in subsidies for advanced chips, Wall Street Journal reports.

NewsMax:

• DeSantis Willing to Send Fla. State Guard to Texas Border.
• Dem Rep. Castro Asks Biden to Seize Texas National Guard.

Fox News:

• Elon Musk calls out Biden on border, says how president can fix with stroke of a pen.
• Cruise passengers put on alert as assaults on board hit new high.
• San Fran toy store that inspired 'Toy Story' movies closing after 86 years because of crime.

TheGatewayPundit.com:

• Elon Musk Responds After Joe Biden Issues Press Release on “Bipartisan Senate Border Security Negotiations” on How to Fix the Border.
• Nikki Haley Loses MAGA Nation Forever with One Stupid Tweet – After She Craps on Trump Following $83 Million Lawfare Suit by Crazy Woman.
• “I’ve Been Waiting for this Court Case” – Mike Lindell Weighs in on Explosive Halderman Dominion Voting Machine Testimony in Georgia Courtroom (VIDEO).
• Biden Regime Reversed Trump Policy and Sent Nearly $1 Billion to UNRWA in Gaza Since 2021 – Whose Members Participated in Mass Slaughter of Jews on Oct. 7 (VIDEO).
• Trump Destroying Haley by 27 Points in Her Own State of South Carolina.
• Articles of Impeachment Introduced Against DA Fani Willis: ‘The Time to Act Is Now’.
• Joe Biden Announces Border Is Broken After He Broke It – Says He Can Fix It When He Hasn’t – Asks for Authority Which He Already Has – Wants You to Believe He Will Take Action When We All Know He Won’t.
• ‘We the People’ Convoy Gains Momentum Despite Facebook Censorship – News of Border Convoy Spreads on Twitter-X – Over 10,000 are Expected to Join (AUDIO).
• REPORT: The Biden Administration Has Spent $20 Billion on ‘Refugee’ Resettlement in Just Two Years.
• Journalist Layoffs Continue as the Liberal Media Collapses Right Before Our Eyes.
• OUTRAGEOUS: IRS Contractor Who Stole and Leaked Trump’s Tax Returns Could Face Little or No Jail Time.

Epoch Times:

• China Expands Access to Loans for Property Developers, Acting to End Its Prolonged Debt Crisis.

X:

• @WarClandestine - Everything starts to make sense when you realize that the destruction of the United States is not due to incompetence. It’s intentional.
  
• @LauraLoomer - You know what they say. There is no such thing as a coincidence in politics. As I have reported, on January 31, Nikki Haley will be in Miami and Palm Beach, Florida having campaign fundraisers with some of @JoeBiden’s donors. Guess who is also going to be in Miami and Palm Beach on January 30th for fundraisers? Joe Biden. And they say Blackrock isn’t pulling the strings. The receipts say otherwise.
• @kylenabecker - The Biden regime's attack on Liquified Natural Gas has nothing to do with the absurd fight against "climate change." LNG is relatively low on "carbon emissions." This is an attack on the U.S. economy. It is an attack on national security. And it's an attack on Texas. (video) Biden Admin Sells Federal Helium Reserve, Threatening US Industry & National Security.
• @PeterSweden7 - WOAH I recently discovered something very weird. Bill Gates invested a whopping $55 MILLION in BioNTech that made the Pfizer mRNA injection. You will never believe the date that this happened... Is this just a coincidence?
• @wideawake_media - Romanian MEP, Cristian Terheș, blows the "man-made global warming" hoax completely out of the water, in the EU parliament: "CO2 is a gas that currently represents 0.041% of the whole atmosphere. Despite this small [percentage], for decades now, campaigns are ran to make people believe that man-made CO2 is the cause of climate change." (video) President of the Federal Reserve Bank of Minneapolis, Neel Kashkari: CBDC doesn't solve any actual problems, other than enabling central bankers to monitor all transactions, and deduct taxes directly from people's accounts. Unelected head of the EU, Ursula von der Leyen, asserts the need for an EU-wide digital ID, "that any citizen can use anywhere in Europe, to do anything from paying your taxes to renting a bicycle". But once your digital ID has been connected to the EU's incoming CBDC (which is programmable), you won't be able to rent a bicycle, or participate in society at all, if the unelected technocrats running the EU decide you haven't been a good enough boy or girl, for whatever reason. (video) Former US government insider, Marc Morano, summarises how unelected globalists are using the "human-induced climate change" hoax as a pretext to deliberately collapse the food supply, so people will have no choice but to eat insects and lab-grown "meat". "This is the intentional collapse of food, agriculture [and] energy... We are facing a situation where they're creating intentional chaos and scarcity, to force us to have to buy insects [and] lab-grown meat." (video)
• @VigilantFox - WHOOPSIE: The CDC drafted a vaccine-related myocarditis alert but never sent it. No big deal, right? (video)
• @Laralogan - Be aware - numerous sources indicate the federal govt is planning to try make this another fake “insurrection” and go after people in the convoy the same way they targeted people for exercising their constitutional rights on January 6th. They are already tracing and tracking people through their phones, iPads etc.
• @TexasLindsay_ UNBELIEVABLE—SDNY Judge Lewis Kaplan who infamously dismissed Prince Andrew's s•xual assault claims made by one of Jeffery Epstein’s human tr•fficking victims—is the SAME judge that presided over E. Jean Carrol vs. Trump’s defamation case—as well as the now infamous SBF/FTX trial. Federal Judge Lewis Kaplan was also appointed by Bill Clinton. I’m now 99.9% sure this post is why the CDC blocked me. The funny thing is, this data is from the CDC website, I just made the visual. Childhood Immunization Schedule:
• @BillMelugin_ - BREAKING: Senate border deal details, per source familiar I just had a call with.
• #JamesOKeefeIII - DC SWAMP EXPOSED. PART 1 - D.C. Blackmail: A Capitol Hill intern reveals how members of Congress are coerced to vote a certain way through blackmail and extortion after affairs & sex parties: “Cawthorn wasn’t lying neither”.
• @TPostMillennial - French farmers gather together to display ‘SOS’ sign with their tractors. (video)
• @charliekirk11 - Rand Paul raises some MASSIVE red flags on the Border/Ukraine negotiations in the Senate: - More money for sanctuary cities - $11 billion in "humanitarian assistance" with some going Gaza/Hamas - US expected to pay for and clean up Ukraine and Gaza post war. Utterly insane. (video)
• @TheChiefNerd - AG Ken Paxton on Why Texas is Suing Pfizer. "They lied to us about the effects of their vaccine and the fact that it wasn't 95% effective – it's more like 1% effective – and that it doesn't really stop the transmission, and it doesn't really protect you, and it may have side effects. And they covered it up, and we've got evidence of that as well." (video)
• @TimCast - Proof Biden knows he is intentionally destroying the US as commies cheer him on. (video)
• @TimRunsHisMouth - Just a reminder that the US Capitol building defends itself with walls and razor wire... but Texas isn't allowed to do the same on the southern border. (pic)
• @drsimonegold - This is terrifying. The FDA has instituted a new rule, effective as of January 22nd, which permits the Institutional Review Board to waive informed consent on “minimal risk” clinical investigations. What is considered “minimal risk?” Vaccines.
• @WallStreetApes - PROOF The United Nations Is Funding The Illegal Immigration Invasion Into America. This Is An Act Of War. (video)
• @LouDobbs - Why is none of the mainstream media talking about this Georgia voting machine case? (video)
• @BGatesIsaPsycho - US Farmers at the Border NOT European Farmers for a change but American ones out supporting Texas & their efforts to stop the Southern Border Invasion. (video) Wow Vive La France! Incredible - Farmers are blocking up towns with their flocks of Sheep! Turns out there are more uses for Sheep other than the useful idiot ones!
• @amuse - TRUMP WAS RIGHT: Trump warned Democrats would begin removing statues of the founders. The fact checkers said he was lying. Meanwhile Democrats removed the statue of Thomas Jefferson that stood in NYC city hall for 187 years… (video)
• @IGSquawk - Weekend markets update: #DAX 16926 -0.02% #DOW 38090 +0.00% #NASDAQ 17390 -0.01% #FTSE 7645 +0.00% #HANGSENG 16064 -0.02% #GBPUSD 12703 +0.00% #EURUSD 10853 +0.00% #USDJPY 14817 +0.00%.

OpenVAERS:

• VAERS US COVID Vaccine Adverse Event Reports. 1,000,725 Reports(+2,808 from prior last report) Through December 29th, 2023.

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.

Evening Headlines

Bloomberg:

• Biden’s Halt on Natural Gas Licenses Strands Would-Be Exporters in Limbo.
• Trafigura Tanker Carrying Russian Fuel Struck by Houthis.
• Hot Stock Rally Stirs Fears Over Wall Street’s Big Rate-Cut Bets.
• Biden Urges Border Deal as Johnson Calls Plan ‘Dead on Arrival’. 
• Many Younger Americans Don’t See a Path to Retirement.
• Hedge Funds Slash Bearish Bets on US Crude By Most Since April. 
• Airbnb Adds Currency Conversion Fee in International Push.
• Netflix Has Best Week Since 2022 on Stunning Subscriber Jump.
• Salesforce to Cut About 700 Workers, Adding to Tech Layoff Flood.
• Jim Cramer ETFs Are History With Closure of Struggling Short Fund.
• El-Erian Says It’s Too Soon for Fed to Declare Inflation Victory.
• Bitcoin Spot ETFs Are Starting to See Slowing Investor Interest.

Zero Hedge:

• "Legal System Out Of Control" - Trump Rages At $83M Damages In (Second) Carroll Defamation Case.
• Watch: Gov. Abbott Tells Tucker He's Not Backing Down, Expects Red States To Circle Wagons, & Trump Elected In November.
• Beijing Set To Refill Strategic Oil Reserve After Draining It For Most Of 2023.
• Could AI Start Nuclear War?
• Jeffrey Epstein's Brother Says DOJ Suicide Report Is "Bull*hit" - Demands New Investigation.
• Crime Pays: Seattle Pays 2020 BLM Rioters $10 Million Over 'Excessive Force' Claims.
• Middle East Uncertainty And Its Effects On Global Markets.
• "Traitor": Argentina Paralyzed By Strikes As Thousands Protest Milei's "Shock Therapy".
• Ohio Legislature Overrides Governor’s Pro-Trans Veto, Bans Procedures For Minors.
• The United States Navy Essentially Lost A Battle At Sea This Week.
• Pentagon Report Predicts New Age Of COVID Bioweapons And Brain Chip Warfare.
• British Oil Tanker Carrying Russian Naphta On Fire In The Red Sea After Houthi Missile Strike.
• Macleod: Summary Of The Dangers Facing Us In 2024.
• Tech surge, February fears and big China.
• Shenanigans Begin Again: Fed 'Magic' Turns $2.5BN Deposit Outflow Into $42BN Inflow.
• "Michelle, Ma Belle...?"
• "There's No Voting Ourselves Out Of This" - Restoration Through Catastrophe.
• Stocks mixed and bonds fall after PCE and weak tech earnings - Newsquawk US Market Wrap.
• Bond Yields, Bitcoin, & Black Gold Bounce As Economic 'Animal Spirits' Wreck Rate-Cut Hype.

Wall Street Journal:

• Remote Workers Bear the Brunt When Layoffs Hit.
• Biden and the TikTok Anti-LNG Crusade.
• These Gyms Survived the Pandemic. They’re Still Sweating.
• World Court Rejects Demand for Gaza Cease-Fire.
• Mike Johnson Takes Dim View of Border Talks, Plans Mayorkas Impeachment.
• Houthis Attack U.S. Warship as China Urges Iran to Rein In Rebels.

CNBC:

• Why weakness in small caps may be a short-term setback.
• Rivian CEO says EV market suffers from a lack of choice.
• Tech layoffs balloon in January as Wall Street rally lifts Alphabet, Meta, Microsoft to records.
• Oil tanker hit by missile after transiting Red Sea — Houthis claim responsibility.
• Former New York Gov. Andrew Cuomo sexually harassed at least 13 women, DOJ says.

Reuters:

• Eying China, US proposes 'know your customer' cloud computing requirements.
• Exclusive: Apple faces 'strong action' if App Store changes fall short, EU's Breton says.

MarketWatch.com:

• As goes January, so goes the year? U.S. stocks look set to continue climbing in 2024 after strong start.
• U.S. investors are more bullish on stocks than at any time in last 2 years, Vanguard survey finds.
• PCE inflation report is ‘market friendly,’ but the Fed probably won’t cut rates before May, says LPL’s Quincy Krosby.
• Intel’s stock sees worst plunge in more than three years: ‘Yet another major reset’.

NewsMax:

• UN Officials Likely Participated in Oct. 7 Attacks.

Fox News:

• Biden admin appears to take new stance on razor wire amid Texas border feud.
• US issues travel warning to certain Caribbean travelers over deadly trend.
• News station announces death of ‘beloved journalist’ at 38 after ‘medical emergency’.
• California Democrat splits from party: ‘Dangerous people threaten our kids’.

TheGatewayPundit.com:

• EXCLUSIVE: NYC Court Drops Latest Epstein Documents – Includes Ghislaine Maxwell’s Testimony.
• SAVAGE ANGEL Alina Habba ERUPTS After Corrupt New York Kangaroo Court Denies Trump the Right to Speak and Slaps Him with $83 Million Judgement! WTH? (VIDEO).
• Transgender Swimmer Lia Thomas Making Secret Move to Force His Way Into the Olympics: Report.
• BIDEN BORDER CRISIS: A Record 302,034 Illegal Aliens Encountered at Southern Border in December.
• Why Is Biden Admin Unpopular? According to Kamala, It’s Because They Haven’t Taken ‘Adequate Credit’.
• Fani Willis Defends Illicit Affair with Top Trump Prosecutor, Refuses to Give Records on Trump RICO Case.
• Former FBI Chiefs Sound Alarm in Urgent Memo to Congress: Warning of Imminent Threat from Military-Aged Men Poised for Invasion from Hostile Nations.
• Biden Regime Freezes All Natural Gas Projects, Citing Alleged Climate Change Crisis and Recent Catastrophic Weather Events — Trump Campaign Responds.
• LAWLESS REGIME: Trump Advisor Peter Navarro Will Be Sent to Prison by Biden Regime During His Appeal Process.
• DEVELOPING: U.S. Halts Funding to UN Agency Following Allegations of Employee Involvement in Oct 7 Israel Massacre.
• ‘We Are Marching on Our Heads’: After ‘Green’ Policies Turned Their Life Upside Down, Protesting French Farmers Converge on Paris.
• Part 2: Full Scope of Dominion Voting Machine Hack in Federal Court is FAR Worse than Just the BIC Pen Hack – Audit Logs Can Be Edited.

Epoch Times:

• Investigation Reveals How CCP Interfered in US Election.
  

OpenVAERS:

• VAERS US COVID Vaccine Adverse Event Reports. 1,000,725 Reports(+2,808 from prior week) Through December 29th, 2023.

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.