Evening Headlines
Bloomberg:
- Modi Vows to Retain Power Even as Party Loses India Majority.
- Chinese Move Billions to Hong Kong Banks, Seeking Higher Yields.
- Morgan Stanley Cuts Mexico Stocks in ‘Unprecedented’ Moment.
- Asian Bonds Track US Rally; Stocks See Muted Open.
- Oil Algorithmic Traders Amplify Crude Price Rout After OPEC’s Surprise.
- Bond Traders Pile Into Fresh Bets on Faster Pace of Fed Cuts.
- Summers Sees Higher US Long-Term Treasury Yields Over Time.
- Regional Bank Investors Have No Appetite for Hints of Pain.
- Five Things You Need to Know to Start Your Day: Asia.
Zerohedge:
- Here Is The "Unexpected" Reason Why The Fed Will Rush To Cut Rates As Soon As Possible.
- In National IQ Test, Biden Does 'We Gotta Secure The Border!' Routine.
- Delaware Hides Embezzlement Plot For Over A Year.
- OPEC+ Switches Strategy To Defend Market Share.
- The Ghost of COVID Past Looms Over Gen Z Voters.
- The Apartment Construction Boom Ends, Major Economic Impact Ahead.
- Dershowitz: Trump Could Fast-Track His Appeal To Supreme Court.
- This Guy Encapsulates How Everyone Feels When Fauci Complains About Being Harassed.
- Biden, Trump Test Executive Privilege With Claims.
- King NVDA vs Soggy Small Cap.
- Israel Says Fires Under Control After Nearly 2,500 Acres Scorched By Hezbollah Attacks.
- Cautious risk tone as NFP looms - Newsquawk Asia-Pac Market Open.
- WTI Tests 4-Month Lows As API Reports Across The Board Inventory Builds.
- Soft JOLTs triggers further growth concerns, yields slide continues - Newsquawk US Market Wrap.
- Dems Want You To Check Your Brain At The Door.
- Bonds & Bitcoin Bid (But Not Stocks) As 'Bad' News Jolts Rate-Cut Hopes Back To Life.
Wall Street Journal:
- Garland Hearing Devolves Into Partisan Brawl.
- Modi Loses Majority in Stunning India Election Setback.
- Developers Sit on Empty Lots After Historic Apartment Boom.
- Trump’s Trial Violated Due Process. He was denied notice of the charges, meaningful opportunity to respond, and proof of all elements.
- Biden Goes to Extremes to Appease Tehran. He reportedly has gone so soft as to discourage allies in Europe from pressing their case at the IAEA.
- The Meme Lord Is Back.
- Monsanto’s Weedkiller Payout Slashed to $400 Million From $2.25 Billion.
- AI Employees Fear They Aren’t Free to Voice Their Concerns.
- China’s Overcapacity Problem Is About to Get Even Worse.
CNBC.com:
- Stocks making the biggest moves after hours: CrowdStrike, Hewlett Packard Enterprise and more.
- Warner Bros. Discovery hikes prices for Max streaming service.
- Chinese spies are targeting disgruntled workers within U.S. companies.
- Job openings fell again in April, its lowest since February 2021 and a sign of labor market weakening.
MarketWatch.com:
- Bond yields are falling. This time, it’s not being treated as good news.
- Opinion: Roaring Kitty is taking us to GameStop fantasyland: No short squeeze is coming.
- The No. 1 issue for young Americans this election? Not student loans, abortion or guns — it’s housing.
- CrowdStrike’s strong stock rally set to sustain following upbeat earnings.
- Why oil’s recent drop is not a recession signal — and good news for stocks.
- HPE stock rockets after earnings on big revenue beat fueled by AI.
Fox News:
TheGatewayPundit.com:
- Trouble Looming: Biden’s Attempt to Slander Trump on TikTok to Win Over Black Voters Goes Horribly Wrong (VIDEO).
- Dr. Phil on the Weapanization of the Goverment Against President Trump “If You Let Your Hatred for Donald Trump Compromise Your Ability to Find True North on Your Moral Compass, Shame on You” (Video).
- Election Watch’s Peter Bernegger Exposes ActBlue Finance Laundering and Chinese NGO Influence in US Politics.
- Hunter Biden’s Infamous Laptop Enters Court as Evidence for Gun Charges Trial — FBI Agent Confirms its Authenticity.
- Beloved Restaurant Chain Rubio’s Closing 48 Locations in California Due to ‘Rising Cost of Doing Business’ After Newsom Raises Minimum Wage to $20 Per Hour.
- BREAKING: Arizona GOP Files BOMBSHELL Lawsuit Against Corrupt Secretary of State After Discovering from 500,000 to 1.3 Million ILLEGAL Voters on State’s Voter Rolls.
- Biden Looks Lost After Announcing His New Border Executive Order Which Still Gives Asylum to Thousands of Illegals Every Day (VIDEO).
- HERE WE GO… Democrat War Pig Proposes Automatic Registration for Wartime Draft.
- ‘I’m Not Going to Let You Say That’: Clinton Henchman George Stephanopoulos Freaks on Trump Lawyer Who Suggests Biden Was Behind Sham Conviction (VIDEO).
The Epoch Times:
Around X:
- @libsoftiktok
- BREAKING: Toddler kiIIed in stabbing attack in Ohio. Bionca Ellis ambushed a mother and her toddler in a parking lot and stabbed 3-year-old Julian Wood to d*ath. The mother, Margot Wood was also stabbed and is recovering in the hospital. You probably won't see this story in the mainstream media...
- @newstart_2024
- Bret Weinstein: "We are under attack. The principles of national sovereignty, personal liberty and the consent of the governed have been slated for destruction by a tiny global elite that desperately wants to rule us. They aim to dictate what we are allowed to do to say and to think. To control where and when we may travel, what drugs and injections we must take, what doubts we are allowed to harbor. They want the ability to shut down discussion and to close down the channels we use to challenge the veracity of their narratives and the legitimacy of their power. In short they are angry that we successfully pulled back the curtain during the Covid era and they are itching for a rematch. They are working overtime at the WHO to rewrite all the rules so that next time they can win. That is the true meaning of these negotiations over what they falsely call pandemic preparedness. They are seeking an unprecedented level of control, they must fail and they will.
- @wideawake_media
- "Once they have control of your transactions... they can dictate what food you can and cannot buy." Former investment banker, Catherine Austin Fitts: Control of the food supply is one of the motivations for the push towards CBDCs. "They're pushing to control the food supply... The idea is we get rid of farmers, we kill any naturally-grown food, and we engineer food in manufacturing plants and laboratories."
- @toobaffled
- COVID Was a Hospital Holocaust, and the Ventilators Are the New Gas Chambers. "The only place anybody was dying was in our hospitals. And it's because they were dying of the treatments." "It was not COVID that was killing...patients, it was the complete...medical mismanagement of COVID. It was the remdesivir, ventilator, death—wash, rinse, repeat." Critical Care RN, whistleblower, and Founder/Executive Director of Nurse Freedom Network Kimberly Overton describes for Peter Santilli how it was not COVID killing people in hospitals, but rather the (federally distributed) treatment protocols themselves. (video)
- @DrAseemMalhotra
- BREAKING FRONT PAGE TELEGRAPH. ‘Covid jab may have led to rise in excess deaths’. FINALLY mainstream media acknowledgement in U.K.
- @stillgray
- HORRIFIC: A pregnant woman and her husband, both of whom are white, were viciously attacked by a group of black youths in Chicago. The teens yelled "we own these streets" as they brutalized the pair. They struck the woman multiple times in the stomach, causing her to suffer a miscarriage. She was visibly pregnant. They knew what they were doing. Only two of the teens were arrested, and they're being charged with misdemeanor battery. They won't see a single day in prison. (video)
- @WallStreetApes
- US Congress Is Getting FILTHY RICH Insider Trading.
Democrat Rep “Chellie Pingree's net worth before joining politics was
just $316,000. Just 4 years later, it spiked to $46 MILLION. She bought
an island vacation house just for fun and flies on a private jet from
her island to her job in Washington DC. It turns out that several
politicians use under the table information to trade stocks.
- @CraigKellyPHON
- THE FINAL NAIL IN THE VACCINE FANATICS COFFIN. Huge new Oxford study (30,000+ child) finds no benefit from Covid injections for children, but vaccinated children were more likely to need hospitalisation. The study found zero covid benefit for children injected with Covid vaccines in terms of; Ambulance & Emergency Attendance, Covid Hospitalisation, or Death. However, there was a 20% higher rate of all cause unplanned hospitalisations in children after the first injection (73/10,000) compared to vaccine free children (60/10,000) And after a second injection, the combined rates of children that needed hospitalisation that were vaccinated (110/10,000) were higher than the unvaccinated children (101/10,000). The only conclusion from this study is that for children, the Covid vaccines were UNSAFE, INEFFECTIVE & unnecessary - and caused harm.
- @EndWokeness
- @WarClandestine
- The reason Fauci made up the 6 foot social distancing and mask wearing, was to make the citizens fear being close to one another. They needed the public to fear voting in person.
- @seanfeucht
- 11 NFL teams decided NOT to participate in pride month.
THIS IS THE WAY. Pittsburgh Steelers Cleveland Browns Cincinnati
Bengals Tennessee Titans Kansas City Chiefs Denver Broncos Dallas
Cowboys Detroit Lions Green Bay Packers New Orleans Saints Atlanta
Falcons.
- @DougAMacgregor
- BREAKING: NATO now planning to get US troops to the front-line to fight RUSSIA.. What are they thinking? NATO has disclosed its preparations to deploy American troops to the European frontlines in the event of a full-scale conflict with Russia.
- @EUUSForum
- JUST NOW at the Colosseum: 'EU Immigration Policies Are Making You Less Safe'. We wanted to make sure the Elites can see our message loud and clear through our latest ad push. (pic)
OpenVAERS:
- VAERS US COVID Vaccine Adverse Event Reports. 1,010,545 Reports(+992 from prior report) Through April 26th, 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
Morning Preview Links
BOTTOM LINE: Asian indices are mostly higher, boosted by technology and consumer shares in the region. I expect US stocks to open mixed and to rally into the afternoon, finishing modestly higher. The Portfolio is 100% net long heading into the day.
- Asian equity indices are -.25% to +.5% on average.
- Asia Ex-Japan Investment Grade CDS Index 95.5 +.25 basis point.
- China Sovereign CDS 62.25 +.75 basis point.
- China Iron Ore Spot 108.6 USD/Metric Tonne +1.1%.
- Bloomberg Emerging Markets Currency Index 39.4 -.03%.
- Bloomberg Global Risk-On/Risk Off Index 64.1 +.6%.
- Volatility Index(VIX) futures 14.5 -.41%.
- Euro Stoxx 50 futures +.34%.
- S&P 500 futures +.11%.
- NASDAQ 100 futures +.14%.
BOTTOM LINE: Asian indices are mostly higher, boosted by technology and consumer shares in the region. I expect US stocks to open mixed and to rally into the afternoon, finishing modestly higher. The Portfolio is 100% net long heading into the day.