NYSE Composite Index:
- Volume Running -1.3% Below 100-Day Average
- Nasdaq/NYSE Volume Ratio 10.1 +4.5
- 0 Sectors Declining, 11 Sectors Rising
- 55.2% of Issues Advancing, 41.6% Declining
- TRIN/Arms 1.37 +39.8%
- Non-Block Money Flow +$72.3M
- 88 New 52-Week Highs, 26 New Lows
- 58.7% (+1.7%) of Issues Above 200-day Moving Average
- Average 14-Day RSI 64.0 unch.
Other:
- Bloomberg Global Risk-On/Risk-Off Index 69.7 +1.8%
- Bloomberg Cyclicals/Defensives Pair Index 140.84 -.23%
- Russell 1000: Growth/Value 19,207.1 +1.2%
- CNN Fear & Greed Index 74.0 (Greed) +3.0
- 1-Day Vix 9.3 -21.5%
- Vix 14.3 -.5%
- Total Put/Call .94 +19.0%
Today's Headlines
Bloomberg:
Zero Hedge: Wall Street Journal:
Reuters:
MarketWatch.com:
TheGatewayPundit.com:
X:
- Missouri is fighting the biggest free speech case in US history in its lawsuit against Biden.
"At the core of the lawsuit, is the idea that the federal government
can't outsource censorship to social media companies to trample on
Americans' speech, which is exactly what they were doing. At the behest
of some of the highest ranking government officials in the country the
biggest social media companies in the world censored speech on topics
like the lab leak theory, the Hunter Biden laptop story, the origins of
COVID, the efficacy of masks, and much much more. (video)
Night Trading
- Asian indices are -.5% to +.5% on average.
- Asia Ex-Japan Investment Grade CDS Index 100.5 +.75 basis point.
- China Sovereign CDS 69.5 +1.25 basis points.
- China Iron Ore Spot 101.5 USD/Metric Tonne +.5%.
- Bloomberg Emerging Markets Currency Index 39.9 -.04%
- Bloomberg Global Risk-On/Risk Off Index 70.1 +2.3%.
- Volatility Index(VIX) futures 15.6 -.5%.
- Euro Stoxx 50 futures -.04%.
- S&P 500 futures -.07%.
- NASDAQ 100 futures +.18%.
BOTTOM LINE: Asian indices are mostly higher, boosted by industrial and technology shares in the region. I expect US stocks to open modstly higher and to weaken into the afternoon, finishing mixed. The Portfolio is 50% net long heading into the week.
Bloomberg:
Zero Hedge:
-
Hartnett: "From Goldilocks To Goldishocks" As Fed Quietly Raises Inflation Target Above 2%.
- NY Subway Rider Who Shot Assailant With His Own Gun Won't Face Charges.
- Harvard Medical School Professor Was Fired Over Not Getting COVID Vaccine.
- Visualizing The Explosive Growth Of AI-Powered Fraud.
- Andre Gordon, Suspect In 3 Falls Township Murders, Captured After Trenton Barricade, Showdown With Police.
- Vitamin D: Deficiency Symptoms, Health Benefits, Optimal Sources, And Side Effects.
- Tide Shift: Philadelphia Officer Says Criminals Will Be Prosecuted Once Again.
- Electric Transmission Buildout Could Cost Americans Trillions Of Dollars.
- Hertz CEO Out As Firm Seeks Traction After Big EV Bet Goes Bust.
- Four-Star Sellouts.
- "Extreme Events": US Cancer Deaths Spiked In 2021 And 2022 In "Large Excess Over Trend".
- Pentagon Commander Reveals 'Alarming' Number Of Drone Incursions At US-Mexico Border.
- Chinese Scientists Implant First Pig Liver Into Brain-Dead Human.
- GAO: 'Unclear' If Pentagon Tracking Reports Of Misused Aid In Ukraine.
- Weaponization Of Crude: Russian Oil Refiners Under Drone Attack .
- America The Snackable.
- Haitian Migrant Boat With Guns, Drugs & Night Vision Intercepted Off Florida As Caribbean Crisis Spreads.
- Gen Z, The Most Pessimistic Generation In History, May Decide The Election.
- Don Lemon Attempted To Shake Down Elon Musk For A Cybertruck Before Getting Fired.
- Boeing 737 With 139 Passengers Loses External Panel Mid-Air.
- Europe Panics As Trump Rises From The Political Grave.
- Peter Navarro Asks Supreme Court To Allow Him To Avoid Reporting To Prison Pending Appeal.
- Macron Again Talks Up NATO Troops For Ukraine: 'We Cannot Allow Russia To Win'.
- 10-Year-Old Kids Denied Drinking Water In Class Because Of Three Muslims Observing Ramadan.
- Finally.
- 'Belt And Road' Western Hemisphere Investments Has China Firmly Rooted In America's Backyard.
- The War Between Knowledge And Stupidity.
- Anti-Trump Neocons Raising $50 Million To Keep Open-Border Democrats In Power.
- US Supreme Court Denies Request By Group To Host Drag Show At Texas University.
- McDonald's Stores Hit By Multi-Nation "Technology Outage".
- Realtor Group Settles Lawsuits By Slashing Commissions, Risks Mass Exodus Of Agents .
- Riley Gaines, 15 Other Female Athletes Sue NCAA Over Transgender Madness.
- US To Back Nevada Lithium Project With $2.26 Billion Loan.
- "I Can't Even Save": Americans Are Getting Absolutely Crushed Under Enormous Debt Load.
- US Banks See Large Deposit Inflows As Bailout Fund Expires, RRP Liquidity Plunges.
- Stocks and bonds sell off further into the weekend ahead of BoJ and FOMC - Newsquawk US Market Wrap.
- Taibbi: Why The TikTok Ban Is So Dangerous.
- Thinking About Moving? These Five States Just Recorded Largest Housing Inventory Surges .
- 'Bad News' Battered Bonds, Big-Tech, & Banks On The Week; Copper & Crude Rip.
Wall Street Journal:
Barron's:
- Had bullish commentary on (PYPL), (DECK), (RL), (BBWI), (BURL), (ANF) and (TJX).
CNBC:
MarketWatch.com:
NewsMax:Fox News:
TheGatewayPundit.com:
-
Elon Musk Gets Real, Warns There is ‘Either a Red Wave in November or America is Doomed’.
- Biden Now Publicly Engaging in Election Interference, 100 Percent Impossible to Deny.
- ‘I
Think about Quitting Every Day’: Unpopular Canadian PM Trudeau Faces
Calls To Step Aside as Conservatives Maintain a Huge Lead in the Polls.
- EXCLUSIVE
INTERVIEW: US Senate Candidate and Trump Ambassador to Iceland Jeff
Gunter Takes on Republican Sam Brown Who is Funded by Koch and Nikki
Haley Donors in Nevada GOP Primary in Bid to Flip Seat (VIDEO).
- How To Join The “Secret Boycott” Patriots Are Using To Crush Woke Corporations.
- Harvard’s Star ‘Honesty’ Researcher Busted in Probe, Investigators Recommend Termination.
- Haitian Arrested for Allegedly Raping Disabled Girl, 15, Is Reportedly Part of Biden’s Special Haitian Parole Program.
- Karine
Jean-Pierre Blames Inflation on Supply Chain Issues, the War in
Ukraine, and the Pandemic – Mentions Nothing About Biden’s Trillions in
New Spending (VIDEO).
- Melugin: Mass Illegal Crossing From Numerous Countries in Tucson Sector of Border (VIDEO).
- Chicago Will Begin Evicting Over 5,600 Illegal Migrants from Shelters on Saturday.
- INVASION: Another 3.2 Million Illegal Aliens Projected to Cross Border This Year, an All-Time Record.
- Gas Prices Are About to Become a Huge Headache for Biden: Experts.
- Judge Orders FBI to Release Manifesto from Deranged Trans Shooter to Nashville News Outlet.
- Six US Middle Schoolers Face ‘Hate’ Charges for Alleged ‘Racist Online Chat’.
- Lyft/Uber Fire Workers; Socialists Clueless on Wages.
- Tyson Foods Under Fire and Boycott Calls for Replacing Hardworking Americans with Illegal Immigrants.
-
CENSUS DATA: Americans Still Fleeing Blue States in Droves, Moving to Texas and Florida.
Epoch Times:
- If
you’re caught jaywalking in China, your face will be displayed on a
public board of shame by the Skynet mass surveillance system. Fines are automatically deducted from your digital wallet, and your social credit score is downgraded accordingly. (video)
- Bill
Gates concedes that "Covid" had a "fairly low fatality rate", and that
"it's a disease mainly of the elderly, kind of like flu is". Just
like so-called "conspiracy theorists" were saying from early 2020
onwards, before all the damage, destruction and suffering caused by
unnecessary lockdowns, 24/7 mainstream media fearmongering, and
experimental mRNA injections, had been done. (video)
- As
Bill Gates buys up vast swathes of U.S. farmland, American farmer, John
Boyd, implores people to start growing food in their own backyards, or
buying locally from independent farmers, to ensure that their food is
safe to eat. "I'm asking Americans not to support fake meat, but to
support farmers out here who grow beef like I do, and poultry, and
pork." (video)
- If The TikTok Bill Goes Through We Can Almost Certainly Expect X To Be Next.
Joe Biden has already made it clear he believes @elonmusk needed to be
looked at due to his “foreign relationships” when acquiring X. When the
people in charge tell you their plan, believe them. Everyone agrees the
bill is intentionally vague to give the Government broad interpretation
of how they can enforce what’s defined as a "foreign adversary
controlled applications"
OpenVAERS: