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Tucker Announces Interview With Late Jeffrey Epstein’s Brother
Former Fox News host Tucker Carlson announced an upcoming interview Monday on his X, formerly Twitter, show with the brother of late financier and international human trafficker Jeffrey Epstein.
“The U.S. government claims Jeffrey Epstein killed himself in a federal detention facility in Manhattan four and a half years ago, just before his trial,” Carlson began. “If that’s true, why are there so few records available from that night?”
“Here’s Mark Epstein trying to get a copy of one of the most basic documents of all, the prehospital care report [PCR], written by the EMS team that moved his brother’s body out of the cell. We’ll be interviewing Mark Epstein soon,” Carlson announced.
In the following video footage, Epstein asks a local official for the paperwork, “But as of right now, you’re telling me you can’t find the PCR report.” The official answered, “Not for the 10th of August 2019. No, not in — it’s not in the fire department database. I don’t know why. If it’s supposed to be there, we’ll find out.”
A confusing back-and-forth between Epstein and the fire department official ensues, concluding with the brother of the infamous international criminal asking, “What the computer is saying is that it doesn’t have a record of this?” The official answered, “That’s what I’m trying to tell you. Yes, and I don’t know why — what’s going on.”
Some odd coincidences surrounding the death of Jeffrey Epstein in 2019 in a New York City jail led to widespread speculation that someone murdered him despite authorities ruling his death a suicide.
Guards were assigned to check on Epstein every thirty minutes after authorities found him injured in his cell a month earlier. They fell asleep for three hours the night he died and left him unsupervised. Meanwhile, not one but two cameras posted in front of Epstein’s cell failed that night— and the guards falsified records.
The unsealing in January of court records from a 2015 civil lawsuit, which previously redacted the names of Epstein associates — including former President Bill Clinton — has led to increased interest in the notorious human trafficker’s 2019 death.
Tucker Announces Interview With Late Jeffrey Epstein’s Brother
Former Fox News host Tucker Carlson announced an upcoming interview Monday on his X, formerly Twitter, show with the brother of late financier and international human trafficker Jeffrey Epstein.
“The U.S. government claims Jeffrey Epstein killed himself in a federal detention facility in Manhattan four and a half years ago, just before his trial,” Carlson began. “If that’s true, why are there so few records available from that night?”
“Here’s Mark Epstein trying to get a copy of one of the most basic documents of all, the prehospital care report [PCR], written by the EMS team that moved his brother’s body out of the cell. We’ll be interviewing Mark Epstein soon,” Carlson announced.
In the following video footage, Epstein asks a local official for the paperwork, “But as of right now, you’re telling me you can’t find the PCR report.” The official answered, “Not for the 10th of August 2019. No, not in — it’s not in the fire department database. I don’t know why. If it’s supposed to be there, we’ll find out.”
A confusing back-and-forth between Epstein and the fire department official ensues, concluding with the brother of the infamous international criminal asking, “What the computer is saying is that it doesn’t have a record of this?” The official answered, “That’s what I’m trying to tell you. Yes, and I don’t know why — what’s going on.”
Some odd coincidences surrounding the death of Jeffrey Epstein in 2019 in a New York City jail led to widespread speculation that someone murdered him despite authorities ruling his death a suicide.
Guards were assigned to check on Epstein every thirty minutes after authorities found him injured in his cell a month earlier. They fell asleep for three hours the night he died and left him unsupervised. Meanwhile, not one but two cameras posted in front of Epstein’s cell failed that night— and the guards falsified records.
The unsealing in January of court records from a 2015 civil lawsuit, which previously redacted the names of Epstein associates — including former President Bill Clinton — has led to increased interest in the notorious human trafficker’s 2019 death.
Suspected Iowa school shooter's digital footprint indicates his was possibly yet another trans rampage
JOSEPH MACKINNON for Blaze Media
JANUARY 05, 2024
Students returning to school for their second semester in the small town of Perry, Iowa, were met Thursday morning with gunfire and bloodshed. The suspect responsible for ushering in the new year with senseless violence appears to have been yet another butcher captive to trans ideology.
According to authorities, the 17-year-old suspect, a student at the school, stalked the halls of Perry Middle and High School Thursday morning armed with a pump-action shotgun, a homemade bomb, and a small-caliber handgun. He began opening fire on children and staff around 7:47 a.m., before the start of classes.
Dallas County Sheriff Adam Infante indicated the fact classes had not yet begun may have been a limiting factor on the number of victims ultimately attacked, reported Newsweek.
"School didn't start yet, luckily, so there were very few students and faculty in the building, which I think contributed to a good outcome in that sense," said Infante.
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The suspect murdered a sixth-grader from Perry Middle School and injured five others, four of whom were students. The fifth victim was identified by the school district as the school's principal, Dan Marburger.
Three of the victims were taken to Iowa Methodist Medical Center in Des Moines, and others were taken to MercyOne Des Moines Medical Center, reported the Associated Press — a news agency that has attempted to paint the shooter as a victim of bullying.
One of the survivors is in critical condition. The other four are reportedly now in stable condition.
Republican Gov. Kim Reynolds said in a statement, "Our hearts are broken by this senseless tragedy. Our prayers are with the students, teachers & families of the Perry Community."
Reynolds thanked police and first responders for their fast response, stating, "Their heroic actions today we can say saved lives."
Iowa Division of Criminal Investigation Assistant Director Mitch Mortvedt underscored during a press conference Thursday that the response by law enforcement was swift and unflinching. At least 150 law enforcement agents ultimately rushed to the scene.
"Perry Police officers responded within minutes. They immediately made entry and witnessed students and faculty either sheltering in place or running from the school," said Mortvedt. "Once inside, they located multiple individuals with gunshot wounds. Officers immediately attempted to locate the source of the threat and quickly found what appeared to be the shooter with a self-inflicted gunshot wound."
The shooter evidently offed himself before being able to deploy his improvised explosive device against innocents. Mortvedt indicated that the bomb, which was "pretty rudimentary," was successfully neutralized by the state fire marshal and Bureau of Alcohol, Tobacco, Firearms and Explosives agents.
Investigators are now analyzing the suspect's posts on social media, particularly on Reddit and TikTok — both of which have been deactivated.
Prior to the shooting, the suspect reportedly posted a selfie taken inside the school's bathroom to his TikTok account along with the lyrics "now we wait" from the song "Stray Bullet" from the German band KMFDM.
The New York Post highlighted that that the same song referenced by the suspect was also used on the personal website of one of the shooters behind the 1999 Columbine High School massacre.
An archived version of the suspect's TikTok account reveals his bio was limited to an LGBT activist flag emoji. Extra to stating "he/they" pronouns on social media and allegedly engaging with other LGBT activists about transgenderism, the suspect also appears to used the hashtag "genderfluid" and posted, "love your trans kids."
In one of the suspect's alleged Reddit posts, he noted he was being held back from beginning the sex-change process because he didn't "want to look ugly."
While acknowledging that the shooter may have been trans, leftists have rushed to downplay the relevance as well as the corresponding trend.
The Advocate, an LGBT activist publication, stressed, "While there have been isolated incidents involving transgender or nonbinary people in mass shootings, these are not representative of the broader trend."
The 26-year-old behind the Sept. 20, 2018, mass shooting outside a Rite Aid distribution center in Aberdeen, Maryland, was a transvestite who had reportedly been receiving hormone therapy and planning to get a sex change operation.
The woman behind the 2019 STEM School Highlands Ranch mass shooting in Colorado was also a transvestite transitioning at the time she took aim at unarmed students.
The lawyers for the man behind the November 2022 massacre at a non-straight nightclub in Colorado Springs, which left five dead and 25 injured, indicated he identified as non-binary, reported Newsweek.
The female LGBT activist who shot up a Christian elementary school in Nashville last March, killing three children and three adults, was another transvestite who identified as a man.
Angela Ferell-Zaballa, executive director of the gun-grab group Moms Demand Action, told the Advocate, "Extremists often try to muddy the waters by blaming our gun violence crisis on mental health or gender identity, when often people with these lived realities are most likely to be victims of gun violence, rather than perpetrators of it."
Sarah Kate Ellis, president and CEO of GLAAD, stated, "Media outlets that speculate on the shooter's identity or their support of LGBTQ rights instead of focusing on those impacted are contributing to a false and sweeping narrative about vulnerable communities."
The Human Rights Campaign's national propagandist, Brandon Wolf, told the Advocate that Libs of TikTok's Chaya Raichik, among those who have highlighted the suspect's apparent trans-identification, "is using a horrific shooting to try and drum up anti-LGBTQ+ hysteria for her cause. In truth, LGBTQ+ people are disproportionately impacted by gun violence, a reality made worse by those like her, who demonize the community at every turn and peddle dangerous, bogus narratives in exchange for influence."
LGBTQ Nation, which recognized the shooter as "nonbinary," similarly lashed out at those dredging up evidence of his LGBT affinities, noting, "The right-wing focus on gun-toting queers and shooters' mental illness is merely a way to stigmatize queer people while also drawing attention away from gun control regulations that could help stop mass shootings in the first place."
Good morning, folks
The mods, Discover Gold, SkeBallLarry and myself have decided to close the board today. We want to get on to other life pursuits.
We are ending on a high note, as one of ihub's top boards. The board's founder, StockLobster and then Tuff-Stuff would be pleased how the board thrived.
There have so many contributors over these seventeen years; EZ2, Hoosier Hoagie, dDt, Trueheart,- 3,451 posters and 648,882 posts in all!
And many quiet readers like fuzzy, Theo and sdheart. It would not have been a parade without them on the sidewalk clapping :)
On behalf of my colleagues, thank you all.
MG, for Ske and DG
Apple's RSI is now at 29. Anything below 30 is considered oversold.
CNBC
Constellation Brands reports tomorrow.
Bucky, I could hold my nose and go right along with that.
It's an affront to law abiding citizens that this has been covered up. And a great injustice to the abused girls.
It screams, "two tier justice system". The American royalty and the deplorables.
It undermines our faith in the system, which is tearing our nation apart.
Symbols active on the streams today: $AMC (-5.02%), $QS (+43.08%), $ALT (+17.72%), $LFMD (-32.05%), $MCD (-0.90%), $NKLA (+7.47%), $MARA (+12.10%), & $OMGA (+94.69%).
3 of 11 sectors closed green. Healthcare (+0.50%) led, & energy (-1.75%) lagged.
TDRip
Today's heat map: https://finviz.com/map.ashx
I agree, Tadaaa!
I don't go back that far with him but I know he repeats too much. He's highly scripted.
I heard him on the radio. He seems happy as hell with his move!
Man, is NY getting a deserved black eye!
Supermarket Giant Drops Pepsi and Lay’s Over Price Increases
Carrefour ditches PepsiCo products in France, Italy, Spain and Belgium
By Mauro Orru and Jennifer Maloney for the Wall Street Journal
Updated Jan. 4, 2024 2:55 pm ET
(MG Note: Clearly Pepsi overplayed its hand. Good for Carrefour!)
One of the world’s biggest supermarket chains said it would drop several PepsiCo products to protest what it called unacceptable price increases, a rare public standoff between a grocer and food maker after more than two years of rising prices.
Carrefour, which operates thousands of stores across more than 30 countries, said it would stop selling Pepsi, Doritos and other products in France, Italy, Spain and Belgium. A spokesman for the French company said Thursday that it had decided to add notes to store shelves to explain the changes to customers.
Notes seen by The Wall Street Journal say the company is no longer selling Lay’s, Doritos and Benenuts snacks, Alvalle gazpacho, Lipton teas, Pepsi and 7 Up soft drinks and Quaker food products. 7 Up is sold outside the U.S. by PepsiCo.
“We’ve been in discussion with Carrefour for many months and we will continue to engage in good faith in order to try to ensure that our products are available,” a PepsiCo spokeswoman said. She declined to comment further.
In October, PepsiCo finance chief Hugh Johnston told The Wall Street Journal that product price increases would slow in 2024 and would be roughly in line with the overall rate of inflation. The slowdown follows two years of sharp price increases by PepsiCo on its soft drinks, snacks and packaged foods.
The company, which is slated to report its latest quarterly results next month, has forecast earnings growth of 13% and revenue growth of 10% for 2023, excluding currency impacts.
Through the Covid-19 pandemic, a number of companies boasted about their ability to raise prices without significantly damaging sales as a sign of brand strength. Johnston has said that PepsiCo products appeal to a wide range of shoppers and that people tend to indulge in items such as chips and soda as affordable luxuries even during hard economic times.
Supermarket operators in the U.S. have also signaled concerns about rising prices in some aisles of stores, even as the overall rate of inflation has slowed. Walmart Chief Executive Doug McMillon said in November that “we may be managing through a period of deflation in the months to come, and while that would put more unit pressure on us, we welcome it, because it’s better for our customers.”
Europe represented about 14%—or roughly $9 billion—of PepsiCo’s global revenue in the first nine months of 2023. Bernstein analyst Callum Elliott estimates that Carrefour stores in France, Italy, Spain and Belgium represent 0.25% of PepsiCo’s global revenue.
In France, food-price inflation surged into double digits in 2022 and reached nearly 16% in March 2023. In December, food prices rose 7.1% over the past 12 months. The French government has also criticized major manufacturers and said it would push them to bring down prices.
Carrefour’s decision on PepsiCo products comes roughly four months after the retailer began attaching labels to products it claims are subject to so-called shrinkflation—when the quantity of a product diminishes in its packaging but the retail price is unchanged. Reuters and local media earlier reported on Carrefour’s decision.
Joshua Kirby contributed to this article.
Supermarket Giant Drops Pepsi and Lay’s Over Price Increases
Carrefour ditches PepsiCo products in France, Italy, Spain and Belgium
By Mauro Orru and Jennifer Maloney for the Wall Street Journal
Updated Jan. 4, 2024 2:55 pm ET
(MG Note: Clearly Pepsi overplayed its hand. Good for Carrefour!)
One of the world’s biggest supermarket chains said it would drop several PepsiCo products to protest what it called unacceptable price increases, a rare public standoff between a grocer and food maker after more than two years of rising prices.
Carrefour, which operates thousands of stores across more than 30 countries, said it would stop selling Pepsi, Doritos and other products in France, Italy, Spain and Belgium. A spokesman for the French company said Thursday that it had decided to add notes to store shelves to explain the changes to customers.
Notes seen by The Wall Street Journal say the company is no longer selling Lay’s, Doritos and Benenuts snacks, Alvalle gazpacho, Lipton teas, Pepsi and 7 Up soft drinks and Quaker food products. 7 Up is sold outside the U.S. by PepsiCo.
“We’ve been in discussion with Carrefour for many months and we will continue to engage in good faith in order to try to ensure that our products are available,” a PepsiCo spokeswoman said. She declined to comment further.
In October, PepsiCo finance chief Hugh Johnston told The Wall Street Journal that product price increases would slow in 2024 and would be roughly in line with the overall rate of inflation. The slowdown follows two years of sharp price increases by PepsiCo on its soft drinks, snacks and packaged foods.
The company, which is slated to report its latest quarterly results next month, has forecast earnings growth of 13% and revenue growth of 10% for 2023, excluding currency impacts.
Through the Covid-19 pandemic, a number of companies boasted about their ability to raise prices without significantly damaging sales as a sign of brand strength. Johnston has said that PepsiCo products appeal to a wide range of shoppers and that people tend to indulge in items such as chips and soda as affordable luxuries even during hard economic times.
Supermarket operators in the U.S. have also signaled concerns about rising prices in some aisles of stores, even as the overall rate of inflation has slowed. Walmart Chief Executive Doug McMillon said in November that “we may be managing through a period of deflation in the months to come, and while that would put more unit pressure on us, we welcome it, because it’s better for our customers.”
Europe represented about 14%—or roughly $9 billion—of PepsiCo’s global revenue in the first nine months of 2023. Bernstein analyst Callum Elliott estimates that Carrefour stores in France, Italy, Spain and Belgium represent 0.25% of PepsiCo’s global revenue.
In France, food-price inflation surged into double digits in 2022 and reached nearly 16% in March 2023. In December, food prices rose 7.1% over the past 12 months. The French government has also criticized major manufacturers and said it would push them to bring down prices.
Carrefour’s decision on PepsiCo products comes roughly four months after the retailer began attaching labels to products it claims are subject to so-called shrinkflation—when the quantity of a product diminishes in its packaging but the retail price is unchanged. Reuters and local media earlier reported on Carrefour’s decision.
Joshua Kirby contributed to this article.
Nasdaq closes lower for a fifth day, its longest losing streak since October 2022
By Lisa Kailai Han and Sarah Min for CNBC
The Nasdaq Composite closed lower on Thursday for a fifth consecutive session — its longest losing streak since October 2022.
The tech-heavy Nasdaq Composite dipped 0.56% to end at 14,510.30. Since the Dec. 27 close, the index has lost nearly 4%. The S&P 500
slid 0.34%, marking a fourth day of declines, finishing at 4,688.68. The Dow Jones Industrial Average
was the outlier, eking out a 10.15-point gain, or 0.03%, to close at 37,440.34.
Mega-cap tech stocks such as Apple are underperforming to start the year, as overstretched valuations and uncertainty around when the Federal Reserve will begin to cut rates have investors worried that markets have gotten overly optimistic.
Apple stock is down more than 5% this week. Shares of the tech giant fell more than 1% on Thursday following a downgrade by Piper Sandler, two days after Barclays also lowered its rating on the name.
The recent performance on Wall Street comes in stark contrast to how the market ended 2023. The S&P 500 ended last year up more than 24% while enjoying its best weekly win streak going back to 2004.
But Steven Wieting, chief investment strategist of Citi Global Wealth, doesn’t believe that the recent pullback will have many long-term repercussions on the market.
“Whether any of this lasts, I wouldn’t really look to the last few days as mattering very much,” he told CNBC. “It’s really a statistical coin toss.”
In fact, Wieting thinks the S&P 500 could end the year around the 5,000 level, which would indicate more than 6% upside from her
Crude Oil
72.36 -0.47%
Gold
2,050.80 +0.39%
US 10 Year
39.91 +2.15%
CLOSE
DJIA
37,440.34
+10.15 (+0.03%)
NASDAQ
14,510.30
-81.91 (-0.56%)
S&P 500
4,688.68
-16.13 (-0.34%)
CLOSE
QuantumScape skyrockets after dazzling with Volkswagen battery test
Jan. 04, 2024 11:30 AM ETQuantumScape Corporation (QS) StockVLKAF
By: Clark Schultz, SA News Editor26 Comments
https://stockcharts.com/h-sc/ui?s=QS
QuantumScape Corporation (NYSE:QS) soared in afternoon trading after the company reached an important milestone in a test of its anodeless solid-state lithium-metal cells technology by Volkswagen (OTCPK:VLKAF).
In a test confirmed by PowerCo, QuantumScape's (QS) solid-state cell significantly exceeded the requirements in the A-sample test and successfully completed more than 1,000 charging cycles. PowerCo noted that for an electric car with a WLTP range of 500-600 kilometres, this corresponds to a total mileage of more than half a million kilometres. Notably, the cell barely aged and still had 95% of its capacity or discharge energy retention at the end of the test.
PowerCo CEO Frank Blome: "These are very encouraging results that impressively underpin the potential of the solid-state cell. The final result of this development could be a battery cell that enables long ranges, can be charged super-quickly and practically does not age. We are convinced of the solid-state cell and are continuing to work at full speed with our partner QuantumScape towards series production."
The tested solid-state cell consists of 24 layers and thus already corresponds to the planned series cell. Looking ahead, the next step on the way to series production is for QuantumScape (QS) to perfect and scale the manufacturing processes.
QuantumScape (QS) was up 28.85% at 11:25 a.m. on Thursday to $8.38. That is the highest level for the stock since early August. Short interest on QS stands at 15.6% of the total float, which could add some volatility. QuantumScape (QS) is expected to report Q4 earnings sometime during the middle part of February.
QuantumScape skyrockets after dazzling with Volkswagen battery test
Jan. 04, 2024 11:30 AM ETQuantumScape Corporation (QS) StockVLKAF
By: Clark Schultz, SA News Editor26 Comments
https://stockcharts.com/h-sc/ui?s=QS
QuantumScape Corporation (NYSE:QS) soared in afternoon trading after the company reached an important milestone in a test of its anodeless solid-state lithium-metal cells technology by Volkswagen (OTCPK:VLKAF).
In a test confirmed by PowerCo, QuantumScape's (QS) solid-state cell significantly exceeded the requirements in the A-sample test and successfully completed more than 1,000 charging cycles. PowerCo noted that for an electric car with a WLTP range of 500-600 kilometres, this corresponds to a total mileage of more than half a million kilometres. Notably, the cell barely aged and still had 95% of its capacity or discharge energy retention at the end of the test.
PowerCo CEO Frank Blome: "These are very encouraging results that impressively underpin the potential of the solid-state cell. The final result of this development could be a battery cell that enables long ranges, can be charged super-quickly and practically does not age. We are convinced of the solid-state cell and are continuing to work at full speed with our partner QuantumScape towards series production."
The tested solid-state cell consists of 24 layers and thus already corresponds to the planned series cell. Looking ahead, the next step on the way to series production is for QuantumScape (QS) to perfect and scale the manufacturing processes.
QuantumScape (QS) was up 28.85% at 11:25 a.m. on Thursday to $8.38. That is the highest level for the stock since early August. Short interest on QS stands at 15.6% of the total float, which could add some volatility. QuantumScape (QS) is expected to report Q4 earnings sometime during the middle part of February.
Ford posts highest US auto sales since 2020
REUTERS - 11:43 AM ET 1/4/2024
https://stockcharts.com/h-sc/ui?s=F
(Reuters) -Ford Motor ( F ) on Thursday posted its best annual auto sales in the United States since 2020, fueled by sustained demand for the automaker's crossover SUVs and pickup trucks, a day after many of its peers reported double-digit gains in new vehicle sales.
The Detroit automaker said vehicle sales rose 7.1% to 1.99 million units in 2023. In 2020, Ford posted new vehicle sales of a little over 2 million units.
Overall, U.S. new vehicle sales last year finished at around 15.5 million units, of which electrified vehicles including hybrids made up nearly 17%, according to data from Wards Intelligence.
(con't)
Vivek Ramaswamy offloads $33M Roivant stock
Jan. 04, 2024 2:57 PM ETRoivant Sciences Ltd. (ROIV) Stock
By: Dulan Lokuwithana, SA News Editor
The U.S. presidential hopeful Vivek Ramaswamy sold more than $33M worth of shares of Roivant Sciences (NASDAQ:ROIV), the U.K.-based biotech he founded, the Republican candidate disclosed in a regulatory filing on Wednesday.
Ramaswamy, who is currently trailing former president Trump, Florida Gov. Ron DeSantis, and former UN ambassador Nikki Haley in his presidential bid, reported the sale less than two weeks before the GOP primaries kick off in Iowa.
Part of the proceeds will be channeled towards a "significant investment" in his campaign, Axios reported, citing a spokesperson for Ramaswamy.
According to the SEC filing, Ramaswamy sold 3M ROIV shares for $11.05 apiece on Tuesday in a transaction valued at $33.2M. He continues to own ~51.9M Roivant (ROIV) shares.
Ramaswamy, who led ROIV until January 2021, last sold ~$31.8M worth of company shares in February 2023, just after resigning from its board and chairmanship to focus on his presidential bid.
Orders by Fidelity customers
Rank is based on the total of buy and sell orders for the security.
Information shown below in the table is based on the aggregate number of orders entered by Fidelity Brokerage Services LLC self-directed retail customers “as of” the date and time shown.
As of Jan-4-2024 2:02 PM ET
Symbol % Change # Buy orders Buy/sell ratio # Sell orders Sector
TSLA +0.35% 2,511
Buy 43.73%
Sell 56.27%
3,231 Consumer Discretionary
OMGA +101.47% 1,270
Buy 39.23%
Sell 60.77%
1,967 Health Care
AAPL -0.90% 1,693
Buy 55.51%
Sell 44.49%
1,357 Information Technology
TQQQ -0.99% 1,447
Buy 49.35%
Sell 50.65%
1,485
NVDA +1.27% 1,129
Buy 38.7%
Sell 61.3%
1,788 Information Technology
SOXL -2.49% 1,498
Buy 53.39%
Sell 46.61%
1,308
AMZN -2.15% 1,599
Buy 58.98%
Sell 41.02%
1,112 Consumer Discretionary
MINM +120.47% 1,116
Buy 42.73%
Sell 57.27%
1,496 Information Technology
SQQQ +1.10% 793
Buy 31.73%
Sell 68.27%
1,706
MARA +9.67% 788
Buy 37.81%
Sell 62.19%
1,296 Information Technology
AMD +0.92% 1,005
Buy 48.41%
Sell 51.59%
1,071 Information Technology
MSFT -0.18% 612
Buy 33.66%
Sell 66.34%
1,206 Information Technology
SIDU +2.66% 62
Buy 3.56%
Sell 96.44%
1,680 Industrials
SPY -0.06% 1,001
Buy 60.56%
Sell 39.44%
652
SOXS +2.41% 494
Buy 33.15%
Sell 66.85%
996
QS +47.38% 395
Buy 26.64%
Sell 73.36%
1,088 Consumer Discretionary
QQQ -0.29% 853
Buy 58.3%
Sell 41.7%
610
WNW +1.15% 7
Buy 0.51%
Sell 99.49%
1,372 Consumer Staples
LLY +0.55% 534
Buy 46.76%
Sell 53.24%
608 Health Care
COIN +2.80% 442
Buy 39.08%
Sell 60.92%
689 Financials
WBA -6.86% 476
Buy 47.6%
Sell 52.4%
524 Consumer Staples
INTC -0.58% 556
Buy 56.28%
Sell 43.72%
432 Information Technology
VOO -0.05% 839
Buy 86.23%
Sell 13.77%
134
BOIL +8.40% 322
Buy 35.7%
Sell 64.3%
580
PLTR +1.86% 596
Buy 67.5%
Sell 32.5%
287 Information Technology
MBLY -25.97% 516
Buy 59.45%
Sell 40.55%
352 Consumer Discretionary
SHOP +1.95% 573
Buy 66.71%
Sell 33.29%
286 Information Technology
GOOGL -1.38% 456
Buy 56.37%
Sell 43.63%
353 Communication Services
FNGU -0.59% 513
Buy 63.73%
Sell 36.27%
292 Financials
SOFI +1.99% 488
Buy 61.93%
Sell 38.07%
300 Financials
Crude inventory decreased by 5.5M barrels for week ended Dec. 29 - EIA
Jan. 04, 2024 11:53 AM ETCrude Oil Futures (CL1:COM)UCO, USO, DBO, USL, SCO, BNO
By: Gaurav Batavia, SA News Editor
Commercial crude stocks for the week ended Dec. 29: 431.1M barrels
Crude inventory change: -5.5M barrels vs. -7.11M barrels for the week ended Dec. 22. Consensus estimate -3.2M.
Gasoline inventory change: +10.9M barrels vs. -0.67M barrels for the week ended Dec. 22.
Distillates inventory change: +10.1M barrels vs. +0.741M barrels for the week ended Dec. 22.
Futures (CL1:COM -1.93%)
ETFs: USO, UCO, SCO, BNO, DBO, USL.
DYN goes without me onboard!
$18.94 +4.1694 (+28.23%)
I got out at 17.18 for a thin dime.
Well, there's satisfaction in knowing we were in a good play.
https://stockcharts.com/h-sc/ui?s=DYN
(Mark) Making money
https://stockcharts.com/h-sc/ui?s=META
2023 was a bumper year for Meta Platforms (NASDAQ:META), becoming the best-performing Magnificent 7 stock after AI darling Nvidia (NVDA). Shares soared 178% during the "year of efficiency," in which CEO Mark Zuckerberg refocused the business on digital advertising and social media market share and away from moonshot projects like the Metaverse. As growth returned and the stock neared all-time highs, the captain of the ship also decided to cash in. New filings show that Zuckerberg offloaded nearly half a billion dollars of Meta shares in the final two months of the year, selling stock on every trading day between Nov. 1 and the end of 2023 (his last sales occurred in November 2021).
WSBreakfast
Today's Markets
In Asia, Japan -0.6%. Hong Kong -0.1%. China -0.4%. India +0.7%.
In Europe, at midday, London +0.2%. Paris +0.3%. Frankfurt +0.1%.
Futures at 6:30, Dow +0.2%. S&P +0.1%. Nasdaq -0.1%. Crude +1.1% to $73.52. Gold +0.5% to $2052.30. Bitcoin +2% to $43,387.
Ten-year Treasury Yield +5 bps to 3.95%
S&P 500, Nasdaq muted after upbeat private payrolls data
REUTERS - 10:19 AM ET 1/4/2024
By Johann M Cherian and Shristi Achar A
The benchmark S&P 500 and the Nasdaq were subdued on Thursday after a jobs report indicated resilience in the labor market, tempering expectations of how early interest-rate cuts could begin.
Wall Street stumbled in the first two sessions of 2024, with the S&P 500 notching its worst two-day performance since late October as investors booked profits after a blistering rally last year.
(con't)
A commenter on the bankrupcy blurb
Value Digger
Today, 6:19 AM
Numerous publicly-traded large-caps and mid-caps filed for bankruptcy in 2023 due to high debt such as Pennsylvania Real Estate Investment Trust (PRET), Yellow Corporation (YELL), Rite Aid (RAD), Bed Bath & Beyond (BBBY), Amyris (AMRS), Tattooed Chef (TTCF), Sono Group (SEVC), Proterra (PTRA), several SPACs such as WeWork (WE), Lordstown Motors Corp. (RIDE), Bird Global (BRDS) etc.
These facts teach investors a timeless lesson.
Investors need to avoid the leveraged (indebted) companies (i.e. REITs, utilities etc.) and buy companies with fortress balance sheets including ZERO leverage, if they want to sleep well at night.
Stock market news today: Dow rises as stocks try to shake off dismal 2024 start
Karen Friar·Yahoo Finance Editor
Thu, Jan 4, 2024, 11:29 AM EST
US stocks stalled on Thursday, struggling to shake off a dismal start to the year after Federal Reserve policymakers left hopes for an early interest-rate cut hanging.
The Dow Jones Industrial Average (^DJI) popped about 0.2%, while the benchmark S&P 500 (^GSPC) was down about 0.1%. Tech stocks signaled a return to their Wednesday selloff, as the Nasdaq Composite (^IXIC) dropped about 0.4%.
Investors looking for confirmation of bets on a March rate cut got uncertainty instead in the Fed minutes released Wednesday. While officials agreed rates had reached a peak and should be lower by the end of 2024, some signaled that they could stay at their historically high levels "for some time" depending on the path of inflation.
Multiple data points released Thursday morning showed the labor market remains intact while wages continue to cool, a welcome sign in the fight against inflation.
The latest ADP employment report showed private companies added 164,000 jobs in the month of December, above November's reading of 103,000 and higher than analysts expectations for 115,000 additions.
Elsewhere, the Department of Labor reported that 202,000 jobless claims were filed last week, below economist estimates for 216,000.
Meanwhile, US bond yields returned to gains, with the 10-year Treasury yield (^TNX) edging closer to 4% after falling away from that level on Wednesday.
In commodities, oil prices rose to build on the previous day's jump as supply troubles in Libya and Red Sea tensions kept the market on edge. West Texas Intermediate crude (CL=F) futures traded around $73 a barrel, while Brent crude (BZ=F) was above $78 a barrel.
More in store?
U.S. commercial bankruptcy filings jumped 72% to 6,569 in 2023, primarily due to increased interest rates, tougher lending standards and pushback from the pandemic. "These facts teach investors a timeless lesson," SA Investing Group Leader Value Digger declared. "Investors need to avoid the leveraged (indebted) companies (i.e. REITs, utilities etc.) and buy companies with fortress balance sheets including ZERO leverage, if they want to sleep well at night." Among the notable firms that filed for bankruptcy last year were Yellow Corporation (OTC:YELLQ), Rite Aid (OTC:RADCQ) and Bed Bath & Beyond (OTCPK:BBBYQ) as well as SPACs like WeWork (OTC:WEWKQ), Lordstown Motors (OTC:RIDEQ) and Bird Global (OTC:BRDSQ).
WallStreetBreakfast
I am not an investor*. I am a trader. But if I were an investor, I thoroughly agree with the main point of this poster's thesis, protecting ones portfolio from market risk with shorting.
MG
Z-alpha Trading System
Today, 10:03 AM
Our 100% focus is on mitigating market risk drawdown, mainly because the upside mostly takes care of itself if the portfolio constituents are quality.
There is market risk and portfolio risk, and they are entirely different. The biggest disrupter in any investment portfolio comes from the "market" exposure risk, without doubt, if one assumes the portfolio constituents are quality.
We've also removed the portfolio risk factor from the equation. By our metrics, portfolio diversification shuffling has little benefit in controlling the specific market risk.
We've done intensive studies in-house over many complete market cycles and have found that diversification, in effect, decreased portfolio performance by a few standards in our investment process.
Importantly, we have nothing against portfolio diversification - it's simply not how we manage market volatility. With machine-driven transactions accounting for approximately 90% of the daily volume of the S&P 500®, this reality has caused the term structure order flow to be negative/neutral for about 47% of the 252 trading days each year.
We have the 53% upside days in the bag with the no-work required portfolio constituents, and for this, the 47% downside days are our primary focus and the battleground where we compete.
Massive alpha resides in that 47%. The most easily identifiable patterns occur within this 47%, without any exceptions. It is crucial to prioritize capital preservation protocols in every investment process. By tapping into a portion of that 47%, your Compound Annual Growth Rate (CAGR) can experience a substantial boost from a mathematical standpoint. Unfortunately, regulatory restrictions prevent us from elaborating further on this matter.
By effectively managing market exposure risk during extreme situations and acknowledging that negative beta can be an acceptable level of risk, you will experience a peaceful sleep akin to that of a contented infant.
Best of trades.
*Unless I become a bagholder from trading, lol.
Wall Street Breakfast: War Demand
Jan. 04, 2024 7:30 AM ET
War demand
Many are watching as conflict and war expand across the globe, and what those consequences might mean for various sectors of the economy. Everything from energy and finance to supply chains hangs in the balance, with spillover effects mostly acutely impacting defense production. Countries and companies alike are preparing by restocking their arsenals and inventories, as well as fast-tracking new technologies to give them the upper hand or banning their adversaries from acquiring them.
Bigger picture: The U.S. has already outlawed or effectively lobbied allies against selling cutting-edge semiconductor chips to China out of fear that the silicon could be used for precision-guided kits or other advanced military systems. Traditional arms are also back in fashion, with BAE Systems (OTCPK:BAESY) announcing today that it would restart production of M777 howitzer parts for the U.S. Army. Putting it in perspective, the last order that took place was five years ago, but with output back online, BAE expects to ink new contracts for the artillery cannons given inquiries from more than eight countries.
Pictures of M777 Howitzers https://www.bing.com/search?q=picture+of+M777+howitzer&form=ANNTH1&refig=f71429a5ce124c3eac8bff9c39b60d33&pc=HCTS
It's not the only company going into overdrive. Thales is bringing back the Starstreak portable air-defense missile, while other firms like Raytheon (NYSE:RTX) struggle to ramp up production of the popular NASAMS, which helps protect crucial areas like the airspace over the White House. Demand may not be the only factor when deciding how to invest, with SA's screening tool helping identify strong buys within the defense sector. Check out the Top Defensive Stocks For Turbulent Times by Steve Cress, Head of Quantitative Strategies at Seeking Alpha.
Conflict zones: It's not only Russia-Ukraine, China-Taiwan, and an escalating war across the Middle East. Cartel chaos in Mexico has prompted mainstream discussion in the U.S. over whether military personnel should be sent south of the border, while a Venezuela-Guyana conflict could shake things up in Latin America. The U.S. is also preparing military options to secure international shipping in the Red Sea, as well as bases for drones in Africa to counter Russia and stop an Islamist insurgency across the region. Preparing for what might come ahead, President Biden and Congress signed off on a U.S. defense policy bill in December that approved a record $886B in annual military spending.
OMGA $5.70 +2.97 (+108.79%)
As of Jan-04-202411:20:14 AM ET
Famed Obesity Drug Maker Novo Nordisk Inks Collaborations For Cardiometabolic Diseases
BENZINGA
Novo Nordisk A/S (NVO.NaE) , Omega Therapeutics Inc (OMGA.NaE) , and Cellarity Inc. announced that Novo Nordisk (NVO.NaE) has entered into separate research collaborations with each company.
The Omega collaboration will leverage its proprietary platform technology to develop an epigenomic controller designed to enhance metabolic activity as a part of a potential new treatment approach for obesity management.
The Cellarity collaboration aims to unravel novel biological drivers of MASH, a chronic and progressive liver disease and will leverage Cellarity's platform to develop a small molecule therapy against this disease.
These are the first two programs signed under the framework collaboration between Flagship Pioneering and Novo Nordisk (NVO.NaE) to leverage Flagship's bioplatform companies to develop novel treatment approaches for cardiometabolic diseases.
In September 2022, Novo Nordisk (NVO.NaE) engaged Cellarity to identify novel cell behaviors implicated in MASH disease progression.
The research collaboration expands on this initial work and will further leverage Cellarity's platform to develop a small molecule therapy.
Each company, Novo Nordisk (NVO.NaE)...... (con't)
True dat, posh!
There is so much that surrounds this. I think there will eventually be a lot of insights to be had- like not to look up to these political creeps!
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Commenter on Chip Industry piece:
Fearful greedy and broke
Today, 9:41 AM
Spine shivers and a cold shower for investors in the chip industry might be a good thing. There sure is a lot of optimism baked in there, and the sell side analysts are on hype overdrive.
Mobileye weak Q4, full-year guidance sends shivers down spine of chip industry
https://stockcharts.com/h-sc/ui?s=MBLY
Jan. 04, 2024 10:12 AM ET Mobileye Global Inc. (MBLY) StockINTC, TXN, ADI, STM, ON, IFNNY, NXPI
By: Chris Ciaccia, SA News Editor
Mobileye (NASDAQ:MBLY) shares plunged in early trading on Thursday after it reported preliminary fourth-quarter results and offered a weak full-year outlook for 2024, resulting in a broader sell-off in the semiconductor industry.
For the fourth-quarter of 2023, Mobileye now expects revenue to be between $623M and $648M, below its previous expected forecast of $634M to $638M. Wall Street analysts were expecting sales of $634.98M.
The company also expects adjusted operating income for the period to fall within a range of $202M to $219M, below the previous forecast of $241M to $247M.
Looking to 2024, Mobileye, which helps develop autonomous driving technologies and advanced driver-assistance systems, said it expects sales to be between $1.83B and $1.96B, well below the estimate of $2.58B.
The company expects EyeQ shipments to be between 31M and 33M, below the 37M seen in 2023. SuperVision shipments are expected to rise from 100,000 to be between 175,000 and 195,000.
For the first-quarter, Mobileye expects revenue to be down about 50% year-over-year, as the company has recently become aware of excess inventory at its customers. Mobileye was partially spun off by Intel (INTC) in 2022.
Morgan Stanley analyst Adam Jonas, who has an equal weight rating and $37 price target on Mobileye, said investors are likely to question the company going forward.
"We cannot recall another example of an established supplier guiding down [50 percent] for a quarter (excluding exogenous shock/macro event) due to excess inventory in the channel," Jonas wrote. "[It] may raise questions about the efficacy of business processes/systems at the company. It may take until deep into 2H24 to rebuild the market's confidence."
Following the updated guidance from Mobileye, several other chipmakers fell, including On Semiconductor (ON), Infineon (OTCQX:IFNNY) and STMicro (STM), all of which have significant exposure to the automotive industry.
NXP Semiconductors (NXPI), Texas Instruments (TXN) and Analog Devices (ADI) also fell 3% or more in early trading on Thursday.