Archive for the ‘Immediately available to public’ Category

The Ugly Truth About Printing-Press Money

Courtesy of ZeroHedge View original post here.

Authored by MN Gordon via EconomicPrism.com,

Weeping and gnashing of teeth shall come…

We don’t know when, exactly.  But we do know a certain catastrophe’s approaching.  In fact, we can see it on the horizon.

Does anyone in Washington give a rip the nation’s beyond broke?  Does anyone in Congress care that outright money printing is what’s financing their stimulus bills?  Does House Financial Services Committee Chair Maxine Waters think it’s all a real hoot?

Surely, someone in the legislature is aghast at federal spending that’s gone completely out of control.

Are you aghast?

We are.  But there’s nothing we can do to stop it.  Nearly all remnants of fiscal conservatism have been quarantined from federal government.

The majority of the electorate have voted for generous gifts from the public treasury.  They want free education, free food, free phones, free transportation, and free drugs.  They want debt forgiveness.  Most of all, they want free money.

Many representatives are pushing the President to give the voters what they want…and what the politicians have promised.  Specifically, more stimmy checks.  According to MoneyWise:

“More than 75 members of Congress say that until the pandemic is over, there should be regular stimulus checks.  President Joe Biden is being urged to wrap them into the $2.3 trillion infrastructure spending plan he’s now promoting.”

Stimmy checks, as far as we can tell, have nothing to do with infrastructure.  Yet that’s the beauty of perpetual stimmy checks in the interminable pandemic era.  The legislature can “wrap them into” just about anything.  All it takes is a simple stimmy check earmark.

Hemorrhaging Red Ink

The longer personal livelihoods are funded by government giveaways the more dependent people become.  Those who were once self-supporting through their own work derived income are now reliant on stimulus…and generous unemployment checks.

Why work, when it’s much more lucrative to loaf and invite your soul?

Meanwhile, Washington’s hemorrhaging red ink.  This week the U.S. Treasury Department released its Monthly Treasury Statement.

It’s unlikely Treasury Secretary Janet Yellen read it.  But if she had she would’ve discovered the federal government has


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The US Air Force Has Big Plans For The Hexa “Flying Car”

Courtesy of ZeroHedge View original post here.

Submitted by South Front,

The Hexa is an electric vertical-takeoff-and-landing (eVTOL) wingless multicopter. It is developed by LIFT Aircraft, a Texas-based company. In May, the Air Force will start testing the “flying car” that was designed for the commercial market to be used in military missions, including rescuing troops, delivering cargo and conducting security checks over an airfield.

In late March, one of the flying cars was loaded on a HC-130J and was transported from Ohio to Texas. This was a test to prove that eVTOL aircraft fit to be transported by U.S. military cargo planes.

The initial test was with a single eVTOL, while a C-130H could carry up to four Hexa platforms, with newer C-130J models potentially able to transport five or six at a time.

The first eVTOL prototype was unveiled in February 2021, and the first production units were delivered to the US Air Force for testing and air-worthiness certification.

The Hexa isn’t exactly a flying car, it’s better described as a multi-rotor drone, which is considered an ultralight aircraft that doesn’t need a pilot’s license to fly.

Such eVTOL capable of landing without a runway could be used to ferry troops and supplies needed to stand up operations, while also providing a platform for crisis response. The Hexa will undergo tests for all of these.

Right now, Hexa’s abilities are limited and geared toward the commercial recreation market. The aircraft has room for one person and can fly for about 10-15 minutes and cover a range of 10-15 miles, depending on the payload. A person can learn to fly Hexa quickly because many of the flight systems are automated, but Lift plans to develop a fully automated version.

In the future, the platform could potentially serve as an armed overwatch aircraft to protect ground troops. Even in its current, limited capability, the Hexa could be useful. While it can’t carry as much weight as required to satisfy certain logistics missions, it could transfer smaller cargo.

eVTOL platforms with quiet electric engines and simple sustainment footprints could become key to the Air Force as it figures out


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More States Are Seeing Unused COVID Jabs Pile Up As Poor Countries Shut Out

Courtesy of ZeroHedge View original post here.

The other day, we reported on an interview with from Dr. Scott Gottlieb, a former director of the FDA under President Trump who frequently appears in the press to offer analysis and commentary on the rollout of the COVID vaccine, along with federal COVID policy more broadly.

Yesterday, the focus of the interview was a criticism lodged by Dr. Gottlieb against the Biden administration's target of 200MM Americans vaccinated by the end of the month. Hours after our post, Bloomberg News shared a startling piece of analysis: Across the US, unused vaccines are already starting to pile up. Should we see daily vaccination numbers continue to decline, that would suggest the demand cliff that Dr. Gottlieb anticipated has perhaps already arrived.

So far, 37% of American adults have gotten at least one dose, and the country is one of the world leaders in vaccinations. But even some states that are doing well are struggling with what Bloomberg described as "stubborn pockets" where uptake is low.

Bloomberg offered the state of Virginia – infamous for its purple blue-meets-red divide between the Washington DC suburbs and Richmond vs. the rest of the state - as a "microcosm" of the "demand gap" plaguing America.

In Virginia, for instance, 83% of vaccines supplied to the state have been used – but the number of people getting shots differs sharply from city to city. That difference is especially stark in Charlottesville and Lynchburg, separated by a mere hour’s drive on U.S. 29 past vineyards and open farmland.

"Virginia is sort of a microcosm of the country,” said Costi Sifri, director of epidemiology at UVA Health in Charlottesville. "We’re going to have this same type of challenge played out in every state in the country. How do we close the vaccine gaps that are going to occur geographically?"

In Charlottesville, a mostly Democratic area that is home to the University of Virginia, vaccine appointments are tough to snag even with two mass clinics right in town. In Lynchburg, 70 miles south and dominated by conservative Liberty University, open appointments at an old TJ Maxx are easy to find. The disparity has led to in-state vaccine tourism where


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Watch: Powerful Blast Rocks Latin America’s Largest Explosive-Grade Ammonium Nitrate Plant

Courtesy of ZeroHedge View original post here.

A powerful explosion has rocked the Enaex acid plant, which is located south of Calama, Chile, on Friday afternoon, according to Chilean news Meganoticias

Enaex is the largest producer of explosive-grade ammonium nitrate in Latin America. The incident occurred within the acid plant where nitroglycerin is stored. 

At the moment, the official number of injured is unknown. The mayor of Calama, Daniel Agusto, told CNN Chile that the powerful explosion "was felt in almost the entire city" and even "traffic was cut off."

'"There are about 25 injured who are being transferred to the Carlos Cisternas y del Cobre Hospital. Various gravity. The explosion was felt throughout Calama. It destroyed the Enaex acid plant. That plant that works with explosives is three kilometers from the houses in the city," according to one Twitter user who also posted a stunning picture of the explosion.

Here's a video of the explosion sending a large column of smoke into the atmosphere. 

A video of the explosion as it was happening. 

Video from within the plant. 

Another view of the explosion. 

So does this mean Latin America's largest producer of explosive-grade ammonium nitrate is offline?  





Chinese Aluminum Price Soar To 11-Year Highs As Decarbonization Efforts Slash Energy To Smelters 

Courtesy of ZeroHedge View original post here.

Chinese aluminum prices moved higher Friday, hitting an 11-year high, exchange data showed, as Beijing embarks on the road to decarbonization, a move that has reduced energy to the power-hungry smelting hub located in Inner Mongolia, even as new capacity came on online, according to Mining.com

The benchmark price for aluminum on the Shanghai Futures Exchange stood at 18,025 yuan ($2,764) per metric ton, an 11-year high. 

In terms of dollars, SHFE aluminum futures printed at 2,800 per metric ton, a critical resistance level dating back more than a decade ago. 

Analysts believe the price surge in aluminum is due to Bejing's curb on aluminum output in the Xinjiang Uyghur autonomous region to reduce carbon dioxide emissions. 

According to Mining.com,

Primary aluminum output in the world's top producer was up 8.5% year-on-year at 3.28 million tonnes in March, the National Bureau of Statistics said, beating the previous monthly high of 3.27 million tonnes reached in December 2020.

High prices are incentivizing production, with Shanghai aluminum mostly holding above 17,000 yuan a tonne in March.

Prices hit an 11-year high of 18,460 yuan on Friday.

In July, aluminum for delivery was down 0.35% on Friday morning after futures touched $2.355 a tonne on the Comex market in New York.

Meanwhile, the output of a group of 10 nonferrous metals – including copper, aluminum, lead, zinc, and nickel – rose 12.7% year-on-year in March to 5.48 million tonnes, the bureau said.

However, daily aluminum output eased in March from the previous two months, Reuters calculations based on official data showed, dropping to around 105,800 tonnes per day versus 109,300 tonnes per day for January/February, a record.

"March's record output is due to a 500,000 tonne per year ramp-up of new capacity in the first quarter, offsetting the Inner Mongolia curbs," CRU analyst Wan Ling told Reuters.

"Some idle capacity has restarted or is going to restart, April production should be still a bit higher compared with March," Wan said.

"Data do indicate that China still has a considerable appetite for


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76% Rise In Stocks Since The March Low Is The 3rd Largest Jump In 100 Years… What Happens Next

Courtesy of ZeroHedge View original post here.

For his weekly Flow Show report, BofA's Michael Hartnett picked a remarkable front cover chart, one showing that the 76% jump in US stocks from Mar’20 lows is now the 3rd largest YoY move in the past 100 years.

Among the factors making this possible was the return of the record stock market mania, which in the last week manifested itself in another round of huge inflows into stocks ($25.6bn) bonds, ($17.9bn), all funded by an even bigger ($47.3bn) outflow from of cash, the largest in 4 months. Among the "flows to know" according to Hartnett, there were strong inflows to IG bonds ($9.8bn) & EM equities ($5.1bn), plus tech inflows resume ($1.6bn); inflow to global stocks past 5 months ($602bn) exceeds inflow in prior 12 years ($452bn)…note US corporate buybacks ($6.3tn over past 12 years).

Hartnett then notes another historic milestone: so far there have been 833 million global COVID-19 vaccines administered since 1st vaccination in UK on Dec 8th, and at this rate global vaccinations are on pace to exceed 1 billion jabs in 6 days, on April 23rd, "a staggering global human achievement," but one that hardens BofA's view that Q2’21 will see peak in policy & profit optimism.

As a reminder, earlier this week BofA quant and chief equity strategist Savita Subramanian explained her reasons why she expects the S&P500 to drop 10% and close the year at 3,800 making BofA tied for the most pessimistic banks on Wall Street).

Looking ahead, Hartnett says that after the remarkable rebound in everyghing in the past year, "there is only one more V to go": V-shape in stock prices, housing, PMIs, EPS, GDP now being followed by V-shape in inflation, just look at lumber prices…

…. tighter labor market (almost half of all small businesses are unable to fund workers, as we discussed yesterday);

The coming inflection point in the economy will be followed by monetary policy (in


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White House Dedicates $1.7 Billion To Tracking COVID Mutations Across US

Courtesy of ZeroHedge View original post here.

As President Biden's COVID advisory team scrambles to turn the "fearmongering" dial about the threat posed by mutant strains of the virus that causes COVID-19, the White House is dedicating $1.7 billion in COVID relief funds to tracing the "variant" strains. This comes after Dr. Anthony Fauci and others have struggled to explain why the US lagged behind other western countries, such as the UK, in detecting and tracing the spread of these variants, which require more advanced analysis to identify.

The money, taken from last month's $1.9 trillion stimulus package, will help the CDC and individual states monitor emerging variants by boosting the country's capacity to sequence the virus's genome and detect mutations, the White House said. It comes as the B.1.1.7 variant, also known as "the Kent strain" from where it was first sequenced in the UK, is raising alarms as it is now one of – if not the most – common strains in hotspots like Michigan and NYC.

B.1.1.7 and other variants are increasingly infecting younger children, prompting at least one respected epidemiologist – the University of Minnesota's Michael Osterholm – to warn the press about a "brand new ball game" for fighting COVID (fortunately, Pfizer has been making swift progress in trials of its COVID-19 vaccine on increasingly youonger children).

The money will be used for collecting COVID-19 samples, sequencing their genomes to identify the strain, and sharing the data, according to a fact sheet provided by the White House, which pointed to these "new and potentially dangerous strains" in its statement. The investment also includes $400MM to establish six "Centers of Excellence in Genomic Epidemiology," a partnership between state health departments and academic institutions for research and development of the new strains, while also providing $300MM to create a national bioinformatics system to share and analyze sequencing data. The administration will dole out the first portion of the money in early May, with a second tranche expected to be invested over the next several years.

"At this critical juncture in the pandemic, these new resources will help ensure states and the CDC have the support they need to fight back against dangerous variants and slow the spread of the


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Insiders Are Sending A Pretty Clear Signal About The Stock Market (And The Economy)

Courtesy of ZeroHedge View original post here.

Authored by Jesse Felder via TheFelderReport.com,

The following is an excerpt from a recent Market Comment featured on The Felder Report PREMIUM

As most readers should be well aware, one of the things I monitor most closely is insider buying and selling. Nobody knows more about the bullish and bearish developments of a business and its valuation relative to those developments than the company’s top executives. Now some believe that, while insider activity may sometimes be a good indication of future price movements in individual stocks, in aggregate it doesn’t have any meaning at all. In addition, many suggest that, while insider buying may be predictive at times, insider selling is not. Both of these positions, however, are contradicted by the data.

As Nejat Seyhun, Professor of Finance at the University of Michigan, has demonstrated in his book, Investment Intelligence From Insider Trading, the aggregate selling-to-buying ratio over certain periods of time has a very good track record at predicting future returns in the stock market. In his words, “Aggregate insider trading predicts aggregate stock returns.” Furthermore, “Aggregate insider trading predicts changes in future economic growth up to two years ahead.” So not only are insiders better market strategists than those on Wall Street, they are also better economists.

This should make intuitive sense. Who has a better read on both the stock market and the economy than the amalgamation of those top executives in the country with the confidence to not merely make a public forecast but actually put their money where their mouths are?

As to those who say, ‘there are many reasons for an insider to sell; there’s only one reason to buy,’ again here is Mr. Seyhun: “both purchases and sales seem to be informative. The future stock price movements following insider purchases exceed the average stock price movements. Also the future stock price movements following insider sales fall short of the average stock price movements.”

Certainly, we have seen this play out over the past year. The aggregate insider buying just over a year ago has proved very prescient as to the direction of the stock market, the leadership of the rebound in stock prices and the turnaround in the economy so far. However,


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“No De-escalation”: Moscow Expels 10 US Diplomats In Sanctions Retaliation

Courtesy of ZeroHedge View original post here.

The expected Russia reaction to Biden’s Thursday sanctions rollout for the alleged SolarWinds hack and general election ‘interference’ charges has come: ten US diplomats have been expelled from Russia on order of the foreign ministry. This is the precise number that the US ordered booted from the Russian embassy in Washington. 

Foreign Minister Sergey Lavrov in a Friday press briefing announced, “Ten diplomats were on a list the US side handed over to us asking to ensure their leaving the United States. We will give a tit-for-tat response to that. We will also ask ten US diplomats to leave our country.” He added further that “the Americans will be asked to bring the number of employees in Russia in line with the number of Russians in the United States.”

US Embassy, Moscow. Getty Images

He also charged that American NGOs as well as US funds will be banned from “interfering” in Russian affairs, but it’s unclear the exact actions the Kremlin will take. He further teased that Russia still holds out the possibility of inflicting “painful measures” on US businesses, but stopped short by saying it won’t go that far at this time. 

Earlier in the day Putin’s spokesman Dmitry Peskov slammed Washington’s “addiction to sanctions” which remains “unacceptable” – explaining further “President Putin has spoken about the appropriateness of building relations, normalizing relations and de-escalating relations.”

Following this, a prominent pro-Putin TV pundit declared the current outraged sentiment in Moscow… 

“There can be no de-escalation in relations between Russia and the U.S., all of Biden’s complimentary words to Moscow are absolutely empty rhetoric,” he said.

This follows Biden’s late Thursday address wherein he expressed hope for a ‘de-escalation’ of the situation, particularly in regards to Ukraine. The expelling of the ten American diplomats is being described as appropriate ”reciprocity” by the Kremlin, but that Russia’s stability is “fully ensured.”

As for the White House taking aim at Russia’s sovereign debt, which saw the US announce it will ban American banks from buying new Russian sovereign debt starting June 14,


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Rabobank: What’s The Point… Of No Return?

Courtesy of ZeroHedge View original post here.

By Michael Every of Rabobank

What's the point – of no return?

What’s the point? That’s a question I ask myself more and more frequently. Thursday’s session was a key case in point of that. We got a slew of key US data and it was, almost across the board, fantastically stronger than expected: the Empire PMI at 26.3 vs. 20; initial claims 576K vs. 700K; retail sales up 9.8% m/m(!) vs. 5.8%; Philly Fed at 50.2 vs. 41.5; and only industrial production of 1.4% m/m vs. 2.5% spoiling the party a little. In short, stimulus is stimulating to an incredible degree, and it’s only just started.

So what did the markets do? Well, US stocks hit a new record – but then again US stocks always hit a new record. Whatever headline you care to think up, new records it is. More importantly, US bond yields tumbled – TUMBLED. 10-years dropped 11bp intraday, for example, before bouncing back to 1.58%. Yes, one can argue that Treasury shorts were stopped out. But why would anyone not be selling, or going short, on that kind of data basis? One can also argue that Japan and China were snapping up Treasuries too: perhaps because they recognize that all the US stimulus spending means more imports, and so more sales to the US, and so more need to park the cash somewhere? But who knew the balance of payments operated in real time like that? I am sure people far smarter than me will be able to turn round and give an explanation of how this makes sense: and I hope they can also show a time-stamped receipt that they were long US Treasuries on the back of expectations for a well-above consensus set of US data releases – otherwise it’s just a post hoc ergo propter hock.

The only fundamental arguments for a sudden swing to buy Treasuries like that strategically, not tactically, or at least the ones which appeal to me, are: the fervent belief that the more sugar-rush one gets now, the harder the crash afterwards – but why only see this now?; or the belief that none of this matters anyway because the Fed is going to look the other way regardless – which


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Zero Hedge

More States Are Seeing Unused COVID Jabs Pile Up As Poor Countries Shut Out

Courtesy of ZeroHedge View original post here.

The other day, we reported on an interview with from Dr. Scott Gottlieb, a former director of the FDA under President Trump who frequently appears in the press to offer analysis and commentary on the rollout of the COVID vaccine, along with federal COVID policy more broadly.

Yesterday, the focus of the interview was a criticism lodged by Dr. Gottlieb against the Biden administration's target of 200MM Americans vaccinated by the end of the month. Hours after our post, Bloomberg News shared a startling piece of analysis: Across the US, unused vaccines ar...



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ValueWalk

Managing Investments As A Charity Or Nonprofit

By Anna Peel. Originally published at ValueWalk.

Maintaining financial viability is a constant challenge for charities and nonprofit organizations.

Q4 2020 hedge fund letters, conferences and more

The past year has underscored that challenge. The pandemic has not just affected investment returns – it’s also had serious implications for charitable activities and the ability to fundraise. For some organizations, it’s even raised doubts about whether they can continue to operate.

Finding ways to generate long-term, sustainable returns for ...



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Phil's Favorites

Scorpion Capital Calls a New York Stock Exchange Listed Company a Fraud

Courtesy of Pam Martens

New York Stock Exchange

On April 1 we wrote the following about the sorrowful state of the listing standards at the New York Stock Exchange:

“We rarely make predictions but we’re going to make one with confidence today. The New York Stock Exchange’s efforts to capture more market share of the IPO business by listing highly questionable Chinese companies and blank-check companies (...



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Biotech/COVID-19

Scientists are on a path to sequencing 1 million human genomes and use big data to unlock genetic secrets

 

Scientists are on a path to sequencing 1 million human genomes and use big data to unlock genetic secrets

A complete human genome, seen here in pairs of chromosomes, offers a wealth of information, but it is hard connect genetics to traits or disease. HYanWong/Wikimedia Comons

Courtesy of Xavier Bofill De Ros, National Institutes of Health

The first draft of the human genome was publ...



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Chart School

Money Printing Asset Price Targets

Courtesy of Read the Ticker

The FED giveth and the FED taketh away. Right now the FED is giving a lot into 2022 US Mid Terms. 

Unless the FED breaks the market, here are some BRRRRR asset price targets, not normal price targets but money printing adjusted price targets. 


BITCOIN 175,000 to 500,000 USD

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DOW to 40,000 to 50,000

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More DOW

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Politics

Colombia gives nearly 1 million Venezuelan migrants legal status and right to work

 

Colombia gives nearly 1 million Venezuelan migrants legal status and right to work

Venezuelans wait at the Colombian border to be processed and housed in tents in 2020. All Venezuelans now in Colombia will receive a 10-year residency permit. Schneyder Mendoza/AFP via Getty Images

Courtesy of Erika Frydenlund, Old Dominion University; Jose J. Padilla, Old Dominion University...



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Kimble Charting Solutions

Will Historic Selloff In Treasury Bonds Turn Into Opportunity?

Courtesy of Chris Kimble

Long-dated treasury bonds have been crushed over the past year, sending ETFs like TLT (20+ Year US Treasury Bond ETF) spiraling over 20%.

Improving economy? Inflation concerns? Perhaps a combination of both… interest rates have risen sharply and thus bond prices have fallen in historic fashion.

Today’s chart looks at $TLT over the past 20 years. As you can see, the recent decline has truly been historic. $TLT’s price has swung from historically overbought highs to oversold lows.

At present, the long-dated bond ETF ($TLT) is trading 7.8% below its 200-...



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Digital Currencies

Crypto - The Beginning of The Beginning... and the Coinbase IPO

 

Crypto – The Beginning of The Beginning… and the Coinbase IPO

Courtesy of Howard Lindzon

I am starting to say the ‘beginning of the beginning’ a lot.

Last month I used it in a blog post about active investing.

Bitcoin and Ethereum are a main reason I believe we are at the beginning of the beginning of active investing and the Coinbase ($COIN) direct listing tomorrow [Apr. 14] is likely why we are still just at the beginning of the beginning of crypto and decentralization.

If it was t...



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Mapping The Market

Suez Canal: Critical Waterway Comes to a Halt

 

Suez Canal: Critical Waterway Comes to a Halt

Courtesy of Marcus Lu, Visual Capitalist

The Suez Canal: A Critical Waterway Comes to a Halt

On March 23, 2021, a massive ship named Ever Given became lodged in the Suez Canal, completely blocking traffic in both directions. According to the Suez Canal Authority, the 1,312 foot long (400 m) container ship ran aground during a sandstorm that caused low visibility, impacting the ship’s navigation. The vessel is owned by Taiwanese shipping firm, Evergreen Marine.

With over 2...



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Promotions

Phil's Stock World's Weekly Webinar - March 10, 2021

Don't miss our latest weekly webinar! 

Join us at PSW for LIVE Webinars every Wednesday afternoon at 1:00 PM EST.

Phil's Stock World's Weekly Webinar – March 10, 2021

 

Major Topics:

00:00:01 - EIA Petroleum Status Report
00:04:42 - Crude Oil WTI
00:12:52 - COVID-19 Update
00:22:08 - Bonds and Borrowed Funds | S&P 500
00:45:28 - COVID-19 Vaccination
00:48:32 - Trading Techniques
00:50:34 - PBR
00:50:43 - LYG
00:50:48 - More Trading Techniques
00:52:59 - Chinese Hacks Microsoft's E...



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The Technical Traders

Adaptive Fibonacci Price Modeling System Suggests Market Peak May Be Near

Courtesy of Technical Traders

Our Adaptive Fibonacci Price Modeling system is suggesting a moderate price peak may be already setting up in the NASDAQ while the Dow Jones, S&P500, and Transportation Index continue to rally beyond the projected Fibonacci Price Expansion Levels.  This indicates that capital may be shifting away from the already lofty Technology sector and into Basic Materials, Financials, Energy, Consumer Staples, Utilities, as well as other sectors.

This type of a structural market shift indicates a move away from speculation and towards Blue Chip returns. It suggests traders and investors are expecting the US consumer to come back strong (or at least hold up the market at...



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Lee's Free Thinking

Texas, Florida, Arizona, Georgia - The Branch COVIDIANS Are Still Burning Down the House

 

Texas, Florida, Arizona, Georgia – The Branch COVIDIANS Are Still Burning Down the House

Courtesy of Lee Adler, WallStreetExaminer 

The numbers of new cases in some of the hardest hit COVID19 states have started to plateau, or even decline, over the past few days. A few pundits have noted it and concluded that it was a hopeful sign. 

Is it real or is something else going on? Like a restriction in the numbers of tests, or simply the inability to test enough, or are some people simply giving up on getting tested? Because as we all know from our dear leader, the less testing, the less...



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Insider Scoop

Economic Data Scheduled For Friday

Courtesy of Benzinga

  • Data on nonfarm payrolls and unemployment rate for March will be released at 8:30 a.m. ET.
  • US Services Purchasing Managers' Index for March is scheduled for release at 9:45 a.m. ET.
  • The ISM's non-manufacturing index for March will be released at 10:00 a.m. ET.
  • The Baker Hughes North American rig count report for the latest week is scheduled for release at 1:00 p.m. ET.
...

http://www.insidercow.com/ more from Insider





About Phil:

Philip R. Davis is a founder Phil's Stock World, a stock and options trading site that teaches the art of options trading to newcomers and devises advanced strategies for expert traders...

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Ilene is editor and affiliate program coordinator for PSW. Contact Ilene to learn about our affiliate and content sharing programs.