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Outperformance was seen in the tech-heavy Nasdaq 100 (+0.7%) which was buoyed by strength in Tesla (TSLA) (+5.7%) as it continued its post-Trump win rally, while sectors closed almost exclusively in the green with Energy and Communication Services the biggest gainers.

"Very Intense Storm" May Dump Snow At Higher Elevations Across Northeast

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"This biggest thing in the pattern is the change in the eastern ridge which gets beaten down for the first time in months this week enough so that snow is in the forecast for elevation in the northeast." 

 

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Our Elections Are Not OK

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We are at a crossroads...


Baltic Undersea Data Cable 'Disruption' May Take Two Weeks To Repair

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Who did it?


Berkeley Communists Call For "Righteous Anger & Revolutionary Determination" Against MAGA 

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"urgent call" ... 


"Precedent... Doesn't Matter Anymore": Democrats Dispense With Pretenses & Principles In Pennsylvania

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In Pennsylvania, the politics of despair has stripped away all principle and pretense... Even the Washington Post is now criticizing the effort...


Beyond The Consequence Of The Great Pretending...

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They lied lavishly, knowingly, and incessantly and now they are pretending to soul-search in a great public display of pretend humility as they await the dreaded reckoning...


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Oil production at Tengiz reduced by 28-30%; All of Equinor Sverdrup output down; BoJ's Ueda maintains patience on future hikes; ECB's Makhlouf said overwhelming evidence is needed for 50bps cut in December; IBM and AMD collaborate; Biden’s admin lifts restrictions on Ukraine using US-made weapons to strike inside Russia; NAHB better than expected.

Bitcoin, Bullion, Black Gold, & Bonds Bid As 'Trump Trade' Builds

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...trannies trounce tech; bitcoin beats bullion; salads slam shots...


Bakkt Soars 90% On Report Trump's Socal Media Company Will Buy The Crypto Trading Venue

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Trump Media and Technology Group, in which he has pledged to retain his 53% stake, is closing in on an all-share purchase of Bakkt


Hamas Guns Down 20 Palestinians After Over 100 Aid Trucks 'Violently Looted'

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Hamas kills over 20 people it called "gang members"...


Jay Bhattacharya Emerges As Top Contender For NIH Chief

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The Stanford professor of health policy was a leading critic of government-imposed lockdowns and restrictions during the COVID-19 pandemic.


The Big Long

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FOMO is here...

Five Reasons Why The 2024 Election Has Been Devastating For Leftists

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This year's election, though, seems to have broken progressive brains.  They aren't just lashing out; they have gone completely insane...


Rates Ready to Reverse?

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The 10 year hitting the huge trend line.

The US Has Been In Recession For Years...

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Americans are not stupid. ..


Boeing Lays Off 438 Union Workers As Drastic Cuts Begin

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Boeing is offering limited support, including career transition services, subsidized healthcare benefits for up to three months, and severance packages...


The Inflation Fire Is Not Extinguished Yet, Far From It

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....you’re probably asking when the misery will end.


Why Is Tech Suddenly Looking Very Fragile: Goldman's Top Tech Trader Explains

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Last week was a tough one for Tech as the Nasdaq went 0-5 on the week, the first time in 5 years and one of just 36 scoreless weeks for the NDX in the last 10 years...


Nearly 40% Of Cars Financed Since 2022 Are Underwater

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"The equity cushion at Tesla is notably troubling, while Toyota, GM, Ford and VW have ample flexibility... "