Market Technicals: Five Key Levels On Verge Of Breakdown

Market Technicals: Five Key Levels On Verge Of Breakdown Tyler Durden Wed, 07/29/2020 – 15:44 Value investors swear by fundamentals, news and data (or at least they used to before the Fed took over markets). To technicians, there is nothing sexier than a strategically planted squiggle or a trendline breaching some other line. Case in…

Japanese ‘BLACK RAIN’ survivors officially recognized as victims of Hiroshima bombing after long court battle

The five-year struggle of dozens of Japanese people, who lived through the US atomic bombing but were denied social benefits for decades, has ended victoriously after they were officially recognized as nuclear bombing survivors. A district court in Hiroshima finally ruled in favor of a group of radioactive rain victims, who have been fighting for…

Covid-19 stats of easy-going Sweden go down as post-lockdown Europe braces for virus comeback 

Sweden, which famously went against common wisdom in not imposing a Covid-19 lockdown, is hailing the lowest number of deaths and new cases in months, as other European nations face a resurgence of the disease. In the past two weeks, the Health Agency of Sweden has recorded a sharp decline in Covid-19 figures. Average daily…

Turkish parliament approves bill that would give Facebook & Twitter 48 hours to remove ‘offensive content’

Turkey’s parliament has ratified a bill compelling major social media companies to delete content deemed offensive and to open offices in the country. Global rights groups decried the “draconian” law as a danger to free speech. According to the bill approved on Wednesday, social media companies with over a million daily visitors in Turkey must…

The COVID-Hysteria Campaign – The Ultimate Divide And Conquer Strategy

The COVID-Hysteria Campaign – The Ultimate Divide And Conquer Strategy Tyler Durden Tue, 07/28/2020 – 23:55 Authored by Russ Bangs via Off-Guardian.org, “It has frequently been observed that terror can rule absolutely only over people who are isolated against each other and that therefore one of the primary concerns of tyrannical government is to bring…

Iran’s IRGC Attacks US Carrier Mock-Up In Massive Drill Off Hormuz Strait 

Iran’s IRGC Attacks US Carrier Mock-Up In Massive Drill Off Hormuz Strait  Tyler Durden Tue, 07/28/2020 – 23:35 New satellite images have confirmed that Iran has moved its mock US aircraft carrier to the strategic Strait of Hormuz for use in live-fire drills, which state media says have commenced.  Analysts say the mock-up actually appears close…

FOMC Preview: The Fed Must Find Ways To “Out Dove” Market Expectations

FOMC Preview: The Fed Must Find Ways To “Out Dove” Market Expectations Tyler Durden Tue, 07/28/2020 – 23:18 While nobody expects any fireworks from the Fed tomorrow or any major market-moving announcement, the FOMC meeting will likely involve a debate over the toolkit with a discussion of how to pivot from “stabilization” to “accommodation” policies…

Earnings Summary: AMD Jumps, Ebay Dumps, Visa Stumbles, Starbucks Rumbles

Earnings Summary: AMD Jumps, Ebay Dumps, Visa Stumbles, Starbucks Rumbles Tyler Durden Tue, 07/28/2020 – 16:38 It’s a tale of two worlds after hours, when Starbucks jumped and Visa slumped after reporting calendar Q2 earnings. Starting with the former, Starbucks reported a 46 cent loss in fiscal Q3, down sharply from the 32 cent profit…

WTI Holds Losses As Surprise Gasoline Build Raises Demand Questions

WTI Holds Losses As Surprise Gasoline Build Raises Demand Questions Tyler Durden Tue, 07/28/2020 – 16:35 Oil prices fell during the day session today as stimulus hopes faded amid big differences on each side of the aisle, which along with the MLB “pause” raised questions of the strength of demand rebound. “Demand for crude oil…

The Nation Is Falling Into the Abyss Between Wall Street And Main Street

The Nation Is Falling Into the Abyss Between Wall Street And Main Street Tyler Durden Tue, 07/28/2020 – 16:26 Authored by Charles Hugh Smith via OfTwoMinds blog, The abyss between the Fed’s illusion of phantom wealth for Wall Street and the collapse of Main Street is bottomless, and our descent into the abyss is accelerating.…

Live Streaming Protest in Bulgaria Sofia

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Watch Iran fire missile & overtake mock US aircraft carrier during Strait of Hormuz war games (VIDEO)

Amid Iran-US tensions, Tehran’s troops have practiced overpowering an aircraft carrier – using a mock-up in lieu of the real thing – during a massive exercise. The fake warship was attacked from the air and circled by speedboats. The Islamic Revolutionary Guard Corps (IRGC) launched the final leg of The Great Prophet joint exercise on…

NASA to return space rock to Mars after 600,000 years away from home

As part of its upcoming Perseverance mission payload, NASA is sending a meteorite fragment known as Sayh al Uhaymir 008 AKA SaU 008, back from where it came some 600,000 years ago: Mars. The 2020 NASA Perseverance rover mission is scheduled to lift off on Thursday, weather permitting, and the probe will use SaU 008…

Coronavirus will spread in ‘one big wave’ & won’t go away as seasons change – WHO

The World Health Organization (WHO) has quashed hopes that the coronavirus might simply disappear over the summer. It urged the world to instead brace itself for “one big wave” of infections. WHO spokesperson Margaret Harris told reporters via conference call that, contrary to some expectations, the coronavirus will not wane during warmer seasons like the…

Notre Dame Withdraws From Hosting First Presidential Debate; “Could Be Conducted Online”

Notre Dame Withdraws From Hosting First Presidential Debate; “Could Be Conducted Online” Tyler Durden Mon, 07/27/2020 – 16:42 The University of Notre Dame has withdrawn from hosting the first Trump-Biden debate scheduled for September 29, citing advice from the St. Joseph County deputy health director, and the “diminished educational value” of hosting the event. In…

Why Does It Feel Like We’re In “Life During Wartime”?

Why Does It Feel Like We’re In “Life During Wartime”? Tyler Durden Mon, 07/27/2020 – 16:24 Authored by Charles Hugh Smith via OfTwoMinds blog, The laughably hopeless hope is that by propping up the corpses, the populace will discern some faint flicker of life in the decaying carcasses and return to their free-spending ways. Call…

Dollarpocalypse Sends Gold, Silver, & Crypto Soaring

Dollarpocalypse Sends Gold, Silver, & Crypto Soaring Tyler Durden Mon, 07/27/2020 – 16:01 Things just “escalated quickly” in dollar-land as the greenback was clubbed like a baby seal to its lowest level since Sept 2018 today… Source: Bloomberg Breaking a key up-trendline… Source: Bloomberg Creating the so-called “death cross”… Source: Bloomberg “I love the smell…

FOUR asteroids to shoot past Earth in ONE DAY, after astronaut warns there are 1 MILLION out there that can hit us

As the week begins with a flurry of asteroidal activity, with four space rocks set to shoot past Earth on Tuesday alone, two Indian teenagers have discovered yet another space rock due to cross paths with our planet. To kick things off, the small-house-sized asteroid 2020 OO1 will buzz by at a distance of  669,000km…

Any chance Russia will join G7 again? Germany says ‘no,’ but admits Moscow’s help needed to put out flaming hotspots

There’s “no chance” of Moscow returning to the elitist Group of Seven unless the Ukrainian conflict is solved, Berlin has said. But untying this and other knots is unimaginable without Russia’s helping hand, it admitted. The alliance of the world’s top-tier powers made Moscow leave in the wake of the 2014 Ukrainian crisis. It unfolded…

False alarm? Person suspected of bringing 1st Covid-19 case into N. Korea wasn’t infected, South believes

A man who crossed into North Korea and put the city of Kaesong on high alert because he had symptoms resembling coronavirus is unlikely to have been a transmitter of the deadly contagion, Seoul’s health officials have claimed. The man in question – who fled from the North three years ago – returned to his…

These German Military Dogs Have Been Trained To Sniff Out Coronavirus, Researchers Say

These German Military Dogs Have Been Trained To Sniff Out Coronavirus, Researchers Say Tyler Durden Sun, 07/26/2020 – 16:30 Here’s an innovation that could dramatically reduce the mortality associated with SARS-CoV-2 and COVID-19, the disease caused by the virus. In Germany, a group of researchers claim to have trained dogs to identify people infected with…

“All Roads Lead To Gold” In A Credit Implosion; Holter

“All Roads Lead To Gold” In A Credit Implosion; Holter Tyler Durden Sun, 07/26/2020 – 16:05 Via Greg Hunter’s USAWatchdog.com, Financial writer and precious metals expert Bill Holter says, “Gold is like a tractor in first gear pulling up a hill,” as it touches all-time highs once again.  Holter thinks the “gold tractor” is going to…

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