WTI Extends Gains After Surprisingly Large Crude Draw Oil prices surged today with WTI back above $53 for the first time in 10 months having risen for 6 straight days since the Saudis fell on their swords (or scimitars?) over OPEC production cuts. “It's been a dynamic bull trend and Read more…
“Aqualung”: Follow Jeff Gundlach's Latest Webcast Live The start of a new year, means it is time for the bond king Jeff Gundlach, CEO and CIO of DoubleLine, to address investors and the broader market in his live webcast which is open to anyone, and which this time is titled Read more…
As Silicon Valley censorship radically escalated over the past several months – banning pre-election reporting by The New York Post about the Biden family, denouncing and deleting multiple posts from the US President and then terminating his access altogether, mass-removal of right-wing accounts – so many people migrated to Parler Read more…
Source: Bloomberg As Bear Traps Report notes, this neckline has held as each of the growth to value tremors have picked up with the intensity, a break will trigger colossal selling. If we break this level, growth equities are in big trouble, Tesla is of course a huge weight in Read more…
But nearly seven years after the impoverished city's drinking water was found to be contaminated, former GOP Gov. Rick Snyder (who was widely vilified in the press over his involvement in the decisions that led to the contamination) is reportedly about to face criminal charges. The water, however, was not Read more…
Morgan Stanley Spots An Extremely Rare Market Signal Which Precedes Selloffs In the past two weeks, we have discussed extensively (here, here and here) the “fundamental” risk that higher rates pose to tech names in particular (most notably the venerable five FAAMG ultra-high duration “generals” which account for a quarter Read more…
“Around 20 years ago, I had fought for years to get additional UFO records released from the CIA,” he told Motherboard in an email. -Vice “Researchers and curious minds alike prefer simplicity and accessibility when they look at data dumps such as these,” said Greenwald, adding: “The CIA has made Read more…
It all boils down to three drivers: i) The unwind of the Trump dollar risk premium. In all, we are neutral on EUR/USD in coming months, we are bearish on the trade-weighted yen and prefer rotating CNY longs to a basket. The big picture for the dollar is still negative Read more…
and Bloomberg. Shorts are also piling into the firm's other ETFs, including its $9.4 billion Genomic Revolution ETF and its $5.9 billion Ark Next Generation ETF. ARKK rose almost 150% in 2020 and brought in $9.6 billion in new money. The fund's success in 2020 was largely tied to the Read more…
He expressly told his followers “to peacefully and patriotically make your voices heard.” Such electoral-vote challenges have been made by Democrats in past elections under the Electoral Count Act, and Trump was pressing Republican lawmakers to join the effort on his behalf. So let's walk down Pennsylvania Avenue.” Such marches Read more…