NYSE Composite Index:
- Volume Running +127.0% Above 100-Day Average
- Nasdaq/NYSE Volume Ratio 8.6 -1.7
- 10 Sectors Declining, 1 Sector Rising
- 18.0% of Issues Advancing, 81.0% Declining
- TRIN/Arms .82 -86.4%
- Non-Block Money Flow -$61.1M
- 1 New 52-Week Highs, 1,107 New Lows
- 15.8% (-17.5%) of Issues Above 200-day Moving Average
- Average 14-Day RSI 20.4 -15.7
Other:
- Bloomberg Global Risk-On/Risk-Off Index 38.0 -13.4%
- Bloomberg Cyclicals/Defensives Index 223.2 +1.1%
- Russell 1000: Growth/Value 19,103.5 +.3%
- CNN Fear & Greed Index 4.0 (EXTREME FEAR) unch.
- 1-Day Vix 69.0 -15.7%
- Vix 49.2 +8.6%
- Total Put/Call 1.08 -11.5%
Today's Headlines
TheGatewayPundit.com:
The Epoch Times:
Around X:
- Death
to Australia. Death to America. Death to Europe. Death to Israel. Death
to Christian’s. Death to me. Death to you. But Islam is a religion of
peace and I get called an extreme right wing Christian nationalist who
is a fascist communist anti-Semite racist (I’ve been called all of these
and many more and I’m none of them). I like to think of myself as a
common sense patriotic American who understands service and sacrifice
for one’s nation. Get with it folks, this is a war between two
completely different ideologies. We haven’t collided yet, but when these world collide, it is going to be high adventure for sure. (video)
- Elon
Musk CONFIRMS with Jesse Watters Democrats are laundering money through
a network of NGO’s, the money is coming back to them, and that’s how
they’ve gotten so rich. Elon Musk also confirms Democrats need to
start being arrested for the fake NGO money laundering scam. “With
respect to the non-governmental organizations, these sort of fake NGOs, I
think there needs to be a number of arrests in that regard as well.
Because these are fake charities where mostly Democrats and what's it
called, and I want to be clear, there's sometimes a little bit of
Republican in there — So that's where you start getting the uniparty
thing going on. But it is overwhelmingly to Democrats and they give
these billions of dollars to NGOs run by Democrats that then go through a
whole network of additional NGOs. It's a giant money laundering scheme.
Really at this point, I think the word NGO and money laundering are
almost synonymous.”
- CBS News 6 months ago: Pretended
there was no illegal migrant gang activity in Aurora, Colorado. CBS News
Today: “This now shut down apartment complex was one of the most
dangerous areas in Aurora, Colorado”. Where was this reporting during the election? (video)
- This is why Democrats are outraged over tariffs. Donald
Trump revealed the only reason we’re still paying an income tax in
America is because US Politicians are paid off by foreign countries to
not mandate tariffs. Anyone complaining about tariffs is selling you out. (video)
- EXPOSED: Protests against Elon Musk, DOGE and Donald Trump are PAID. “$7,800 for 8 hours of organizing a protest, PER WEEK”.
“Organizers are cashing in a nice paycheck to organize — FUNDED BY
George Soros”. George Soros needs to be thrown in prison. (video)
- This
summer there will be massive riots, anarchy, looting, burning and
violent attacks. They are communicating on Telegram, Discord, Signal,
Threema, WickrMe, WhatsApp, Element, Wire, iMessage, NetSfere, Status,
Messagenius. I told you the deep state and globalists were not going
down without a huge fight. It’s coming. And to think it isn’t going to
go kinetic is pretty naive. The Chinese Communist Party, Persia, Radical Islamists and NeoNazis the U.S. government funded in Ukraine, are each involved.
- Absolutely
Must Watch - Rick Santelli brilliantly argues with his hosts the
factual necessity of tariffs and how Globalism is in decline! CNBC's
Liesman vs. Santelli: Tariffs Confront "The Dark Side" Of "Everyday
K-Mart Low Prices". Santelli says the post-war economic order has
"outlived its usefulness," and Trump is "lighting the firecracker that
will finally end it with a big pop."
By bringing in cheap Chinese products, America’s Main Street, USA was
gutted. The goal is for American families to live the American dream
with that house, white picket fence, 2-3 children, two cars, all with
one person working. (video)
- FLASHBACK:
BERNIE SANDERS CALLED OPEN BORDERS A "RIGHT-WING PROPOSAL" BEFORE BIDEN
ERA. In a resurfaced 2015 interview, Sanders fiercely opposed
unrestricted immigration - the exact policy he later supported under
Biden. The Vermont Senator didn't mince words: "Open borders? That's a
Koch brothers proposal... It would make everybody in America poorer".
Sanders specifically highlighted how such policies would devastate
American workers, noting youth unemployment was already at 33% for white
teens, 36% for Hispanic youth, and 51% for African-Americans. His blunt conclusion: "You don't address international poverty by making people in this country even poorer". (video)
- NEW: UK
Prime Minister Keir Starmer to declare that globalization has failed,
plans to show that he understands President Trump’s tariff decision. The
announcement is set for Monday, according to The Times.
“Globalisation doesn’t work for a lot of working people. We don’t
believe trade wars are the answer. This is a chance to show that there’s
a different path,” Starmer said, according to the Times. “Trump has
done something that we don’t agree with, but there’s a reason why people
are behind him on this. The world has changed, globalisation is over
and we are now in a new era,” a Downing Street official said, according
to the outlet. (video)
- Treasury Secretary Scott Bessent
says the U.S. was headed towards a “financial calamity,” says the Trump
admin is trying to help Americans getting demolished by debt. Ignore the
noise. Listen to this. “I'm not happy with what's going on in the
market today, but the distribution of equities across households…” “The
top 10% of Americans own 88% of equities.” “The next 40% owns 12% of the
stock market.” “The
bottom 50% has debt. They have credit card bills, they rent their
homes, they have auto loans.” “We've got to give them some relief.” (video)
Night Trading
- Asian indices are -6.0% to -4.0% on average.
- Asia Ex-Japan Investment Grade CDS Index 97.25 +6.0 basis points.
- China Sovereign CDS 69.0 +9.75 basis points.
- China Iron Ore Spot 96.9 USD/Metric Tonne -3.7%.
- Bloomberg Emerging Markets Currency Index 36.6 -.13%.
- Bloomberg Global Risk-On/Risk Off Index 42.7 -3.0%.
- Volatility Index(VIX) futures 31.5 +10.3%.
- Euro Stoxx 50 futures -4.3%.
- S&P 500 futures -4.0%.
- NASDAQ 100 futures -4.9%.
BOTTOM LINE: Asian indices are sharply lower, weighed down by technology and commodity shares in the region. I expect US stocks to open sharply lower and to maintain losses into the afternoon. The Portfolio is market neutral heading into the week.
Bloomberg:
- Had bullish commentary on (MCK).
- Had bearish commentary on (AAPL).
CNBC:
MarketWatch.com:
NewsMax:
Fox News:
TheGatewayPundit.com:
Epoch Times:
Around X:
- Stephen Miller just PERFECTLY outlined why tariffs are necessary. “Why should America protect the world, send foreign aid to the world, defend the world, provide for the world, and in exchange, get ripped off by every other country in the world?” (video)
- #BREAKING: World Economic Forum founder Klaus Schwab has informed the board he will be RESIGNING, per Reuters. Another MASSIVE blow to globalism, thanks to President Trump Schwab has infamously been on a warpath against the United States and conservatism for FIVE DECADES, but his reign is now coming to an end. Good riddance.
- Judge Boasberg now wants to potentially JAIL Trump officials… But he let Ray Epps, the alleged FBI informant who literally ORCHESTRATED riots on J6, walk free, while grandmas were thrown in prison. That should put it ALL into perspective. Boasberg is a deep state operative. (video)
- NEW:
Brad Schimel’s 1.063 Million Votes Buried by Leftist Mail-In Scheme in
2025 WI Supreme Court Race. Brad Schimel racked up an incredible
1,063,244 votes in the 2025 Wisconsin Supreme Court election, more than
any Democrat in history, yet still lost by 10 points to liberal Susan
Crawford and her 1.3 million tally. Two years ago, Janet Protasiewicz
squeaked by with just 1,021,370 votes to flip the court, but this time,
we see a darker plot; absentee
ballots flooding in at a suspicious rate, almost like an algorithm was
rigging the game. Democrats have weaponized mail-in voting and ballot
harvesting, with early voting tricks while turnout wasn’t even the
problem. Schimel’s numbers should’ve crushed Crawford, but the
left’s corrupt system kept her ahead. From Wisconsin to Pennsylvania to
Arizona, the cry is clear: mass unsolicited mail-in voting is killing
our country. The graph below tells a story. From @RealSKeshel. This
graph lays it bare; this isn’t democracy, it’s a disgrace. (graph)
- MEXICO PLANS TO DUMP 400M GALLONS OF SEWAGE INTO THE U.S.
San Diego’s Jim Desmond is sounding the alarm—Mexico’s about to dump
400 million gallons of sewage into the Tijuana River. The filth is set
to flow straight into U.S. waters, and Desmond isn’t holding back,
calling America a dumping ground for Mexico’s waste. It’s not just
gross—it’s a blatant environmental hazard.
- Internal
documents we obtained show ActBlue has made policy changes that allow
for fraudulent donations. ActBlue also knows fraudulent actors – both
foreign and domestic – are exploiting its platform. Democrats don’t want you to know this.