In our Aggregate Index view of things, we have now declined far enough that a short spike to the upside for a day or two might be in the works. As always, not advice of any sort, but a report on where the dart landed this morning.
Why would the market go up?
- Sell in May has to be over. It’s June…
- Trump and the Queen rocked it. Lefty press takes notwithstanding.
- Investors are getting the idea Trump is serious about MAGA with the change in posture toward Mexico (formerly posed by Ben Dover).
- The touts are out with Netflix shares rise on upgrade: ‘Unstoppable lead in subscription video streaming’ and the market has knocked a good bit off the FAANGS with the NY Times out in a DealBook Briefing: Big Tech Enters Antitrust Purgatory.
- Dems are looking plain-old stupid on climate as Biden unveils sweeping climate change plan using Green New Deal as framework, after AOC criticism…AYSM? More on climate in a sec.
- Speaking of ‘dem dim dems: House sends long-delayed $19.1B disaster aid bill to Trump – because at some point we dah people were going to realize it was all about politics not governing and helping We the Peeps. (Like we didn’t know it already…)
At any rate, the futures were up pleasantly an hour to the open.
Still, we don’t look for it to last more than today and maybe tomorrow since U.S. firms fret as China’s FedEx probe, planned hit-list heightens trade frictions and Republicans weigh vote against Trump’s tariff plan against Mexico: report. Look for South America to go front and center next as the Kremlin Says Russian Military Specialists Are Still in Venezuela, Contradicting Trump Tweet.
Does Gun Control Work?
Australia, huh? Aussie Gun law summary from Wikipedia?
“A person must have a firearm licence to possess or use a firearm. Licence holders must demonstrate a “genuine reason” (which does not include self-defence) for holding a firearm licence and must not be a “prohibited person”. All firearms must be registered by serial number to the owner, who must also hold a firearms licence. “
Oh, how the liberals loved it! Unfortunately, stories like “How Australia All But Ended Gun Violence” were premature…
Because, how does that square with At least 4 dead in shooting in Australian city of Darwin? Unless, as we already knew, when guns are outlawed, only criminals will have guns…
Also, speaking of guns: Deadly shooting shakes Lebanese city as Muslims mark Eid. Which gets us to wondering, what with so many guns in the Middle East why isn’t there a group trying to disarm everyone there?
Doctoring Lite? CVS to open 1,500 HealthHUB stores over next two years.
Puff, the magic business: Chart: Retail marijuana sales are on par with Taco Bell, NFL.
Daily Dose of Climate Crap
Can’t believe the media reports anymore: Report: Climate change could pose ‘existential threat’ by 2050.
You only needed to get to the second paragraph to see it revealed as hype:
“The paper, by the Melbourne-based Breakthrough National Center for Climate Restoration, is not a scientific study, but an attempt to model future scenarios based on existing research. “
Wait! Model as in “make-up” or “throw dart?” If it’s not a scientific study…why the the scare CNN headline and is it really “news?” A Wikipedia check reveals that “David Spratt, author of Climate Code Red, is the research director…” Hmmm, well, what would you expect his position to be?
Seems to us someone’s agenda is showing on a certain cable “news” network.
The Real Dope on Climate
Earth has been warming for more than 10,000-years and that isn’t changing. BUT, we also got through the first 10,000-years of climate change without a single intergovernmental agreement or screwy tax-grab.
Here’s why: The Solar Cycle rises and falls. When it falls (helpful red pencil if you need it) is expected to talst into at least 2024 – which is five more years of solar cooling to come: The latest report from NOAA’s scientists…
The “Climatatizers” focus all their hype on the 2011-2015 period which was the peak of a very peaky solar cycle.
Thanks, we’ll just stick with the data. Although, if you’d like to contribute to our climate fund, send us a case of beer. We’re cpollecting them for all this heat. We’ll come up with some way to cool it.
The Lingo-Lango Shift around UFOs
Interesting shift in the language concerning the reality of UFOs. Take, for example, the Fox piece “UFOs are real, But don’t assume they’re alien spaceships.”
There is a shift going on if you read a lot. It’s like in the 1950’s, they weren’t real. Then we had a 30-year period of “well, maybe, we’ll look into it…”
Now, we are shifting into the “OK, they’re real but maybe not space ships” era.
Anyone who has studied knows they are not “space ships” in the conventional sense. The recent revealations about the Navy gravity reduction patents and such make it all too clear, these are inter-dimensional craft. Which is why, because they are not in our here & now, they can make such radical maneuvers and such.
Still, strikes us that disclosure is something that is coming along slowly, on someone’s timetable. We just wish they’d be a lot less abtuse. Because there’s that old Twilight Zone episode about the alients showing up with a book called “To Serve Man” which turned out to really be a cookbook.
Is the series the message as “the movie’s the message?” Here, hold the ketchup bottle and smile…
Kanamits, being 9-feet high with an appetite for humans, sure does seems to rhyme with the Giants of Biblical times, the Watchers, or to some the Annunaki and what about those 9-foot skeletons taken from the Grand Canyon?.
Grist for the mind while pondering our next market move…run them shorts today, baby!
Chapter 4 of “The 100-Year Toaster” tomorrow on Peoplenomics and a tech note on installation of Win-10 1903 right here…