Today is EOM (end-of-month). The last day, and last trading
day, of November. October punches the stock market in the face and
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Thursday, November 29, 2018
FRIDAY 11/30/18; End-of-Month (EOM); Japan Economic Data; China PMI; BOK Rate Decision; SPASX200 (Australia) Tanks -1.6%; Deutsche Bank Collapses -3.2% to All-Time Low; US 2-10 Yield Spread Narrows to 19 Bips; US Yield Curve Flattens with Partial Inversion Near; G20 Summit in Argentina; USMCA Trade Deal Signing; SFUN; Chicago PMI; GS (Goldman Sachs) Drops -2.1% as Malaysia 1MDB Scandal Deepens; November Losers are AAPL -18%, GE -26%, NVDA -22%, Bitcoin -37%, Oil -22%; November Winners are Natty Gas +41%, XAL (Airlines) +12%, XLV (Healthcare) +8.1%, IYT (Trannies) +6.6%
THURSDAY 11/29/18; SSEC (China) Loses -1.3%; WTIC Oil Prints 49-Handle; Brent Oil Prints 57-Handle; Oil Stages +5% Intraday Price Reversal; BSE Sensex (India) Jumps +1.3%; US 10-Year Yield Dips Below 3%; ANF; BIG; DLTR; EXPR; TITN; Personal Income and Outlays; Pending Home Sales; FOMC Minutes; Global Leaders Travel to Argentina for G20 Summit; DB (Deutsche Bank) Offices Raided; SMI (Switzerland) Rallies +1.4%; NFLX +2.2%; HPQ; AMBA; PANW; AVAV; GME; PVH; SPLK; WDAY
Euro 1.1366. Dollar/yen 113.55. Pound 1.2822. Korean won
1124. Philippine peso 52.53. Indonesian rupiah 14529. Aussie dollar 0.73.
Indian rupee 70.62. Dollar/yuan 6.9539.
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Wednesday, November 28, 2018
WEDNESDAY 11/28/18; US Q3 GDP (Gross Domestic Product); SJM; CHS; TIF; DKS; JILL; VJET; New Home Sales; Federal Reserve Chairman Powell Speaks; US Stocks Explode Higher on the “Powell Rally”; SPX +2.3%; INDU +2.5%; COMPQ +3%; NDX +3.2%; RUT +2.5%; NYA +1.9%; TRAN +2.5%; SOX +2.3%; XLK +3.5%; XHB +2.5%; XLI +2.4%; XLV +2.4%; IBB +2.7%; AAPL +3.9%; AMZN +6.1%; NFLX +6%; GOOGL +3.8%; Copper Rallies +3%; LZB; BOX; GES; TLYS
S&P +2. Dow +18. Nasdaq +8. Russell +1.
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Monday, November 26, 2018
TUESDAY 11/27/18; US 2-10 Yield Spread Drops to 21 Bips Representing Flatter Yield Curve; Federal Reserve Vice Chairman Clarida Speaks; CBRL; EV; HIBB; Consumer Confidence; 5-Year Note Auction; CRM
The cascading global stock market rally rolls along to
Australia and Asia. The ASX 200 is up +0.2%. NZX +0.5%. Nikkei Index futures
are up +0.2%. KOSPI futures are up +0.5%.
[Blog text is redacted. Purchase the Daily Chronology of Global Markets and World Economics 2018-11 that explains the stock, bond and currency moves occurring due to the elections, Fed speak and Jobs Reports. The October 2018-10 publication explains the stock market crash as it occurs in real-time.]
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Sunday, November 25, 2018
MONDAY 11/26/18; KOSPI (South Korea) Rallies +1.2%; HSI (Hong Kong) Jumps +1.7%; Russia Fires on Ukrainian Warships; Cascading Global Stock Market Rally Begins on Brexit and Italy Budget Happy Talk; ECB President Draghi Speaks; DAX (Germany) +1.5%; FTSE (UK) +1.2%; MIB (Italy) Jumps +2.8%; IBEX (Spain) Leaps +2%; PSI (Portugal) +1.3%; Cyber Monday; 2-Year Note Auction; GM (General Motors) Announces 14K Job Cuts and Plant Closings in US and Canada; "Black Monday" for the Auto Industry; SPX Rallies +1.6%; INDU +1.5%; COMPQ +2.1%; NDX +2.3%; RUT +1.2%; XLK +2.3%; XLY +2.2%; XLF +2%; XRT +2%; FB +3.5%; AMZN Launches +5.3%; GOOGL +2.5%; BKE
Today is Cyber Monday in the US the busiest online shopping
day of the year. 75 million people will buy
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SUNDAY 11/25/18; Paris Burns; Bitcoin Crashes Below 3.7K; EU Approves Brexit Plan
Paris is burning. The French protests of high fuel prices turns violent. Fires
are raging along the Champs-Elysees. 5K demonstrators are confronting riot
police. This time of year is typically strong for tourism but world travelers
are avoiding Paris due to the violence.
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Saturday, November 24, 2018
SATURDAY 11/24/18; Small Business Saturday
SPX 2633. INDU 24286. COMPQ 6939. RUT 1489. NIKK 21647.
SPASX200 5716. KOSPI 2057. SSEC 2579. HSI 25928. BSE 34981. DAX 11192. CAC 4947.
FTSE 6953. MIB 18715. IBEX 8917. PSI 4801.
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Friday, November 23, 2018
FRIDAY 11/23/18; Oil Collapses -5% Crashing for 7 Consecutive Weeks; WTIC Oil Prints 50-Handle; Brent Oil Prints 58-Handle; SSEC (China) Mini-Crashes -2.5%; Brexit Saga; Global PMI Indexes; Black Friday; GME; AAPL (Apple) and Oil Crash This Week
Today is Black Friday in the States the kickoff to the
holiday shopping season. There are lots of big sales at brick and mortar stores
and
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Thursday, November 22, 2018
THURSDAY 11/22/18; US-China Trade War, Brexit and Italy Budget Dominate the Business Headlines; Thanksgiving Day in America; US Markets Closed; FTSE (UK) Drops -1.3%
US markets are closed for the Thanksgiving Day holiday and
will open tomorrow for a half-day session.
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Tuesday, November 20, 2018
WEDNESDAY 11/21/18; US-China Trade War Rhetoric; Durable Goods; DE; Consumer Sentiment; Existing Home Sales; Leading Indicators; European Stocks Rally; DAX (Germany) +1.6%; FTSE (UK) +1.5%; MIB (Italy) +1.4%; IBEX (Spain) +1.1%; RUT (Russell 2000) +1.3%; XRT +1.7%; XLE +1.6%; TRAN +1.5%; XLY +1.1%; FB +1.8%; NFLX -1.8%
US futures are buoyant after this week’s drubbing. S&P
+4. Dow +46. Nasdaq +16.
The major US indexes including the
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TUESDAY 11/20/18; Cascading Global Selloff in Progress; NIKK (Japan) Drops -1.1%; SSEC (China) Plummets -2.1%; HSI (Hong Kong) Collapses -2%; DB (Deutsche Bank) Crashes -6% to All-Time Low Increasing Contagion Fear; BOE Governor Carney Speaks; Retail Earnings Lollapalooza; TGT; KSS; BBY; TJX; GPS; PLCE; ROST; SSI; CPB; Housing Starts; DAX (Germany) -1.6%; CAC (France) -1.2%; MIB (Italy) Collapses -1.9%; IBEX (Spain) -1.6%; PSI (Portugal) -1.56%; Oil Collapses -7%; WTIC Oil Prints 52-Handle; Brent Oil Prints 61-Handle; US Stocks Selloff; SPX -1.8%; INDU -2.2%; COMPQ -1.7%; NDX -1.8%; RUT -1.8%; NYA -1.9%; TRAN -3.1%; XLK -2.1%; XLE -3.3%; XRT -3.3%; XLY -2.3%; XLI -2.1%; XLB -1.8%; AAPL (Apple) Crashes -5%; Cryptocurrencies Crash; ADSK; BJ; FL
S&P -3. Dow -30. Nasdaq -15. Russell -1.
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Sunday, November 18, 2018
MONDAY 11/19/18; Japan Trade Data; BOJ Governor Kuroda Speaks; Renault Crashes -12% on CEO Ghosn Arrest; Brexit Drama; LLL; JD; Bitcoin Crashes -13% Below 5K; Bitcoin Cash Crashes -21%; European and US Stocks Selloff in "Tech Wreck"; SPX (S&P 500) -1.666%; INDU (Dow) -1.6%; COMPQ (Nasdaq Composite) Crashes -3%; NDX (Nasdaq 100) Crashes -3.3%; RUT (Russell 2000) -2%; SOX (Semiconductors) -3.9%; XLK (Tech) -3.8%; XLC -3%; VOX -2.4%; XLY -2.4%; XRT -2%; IBB -2.1%; SOCL -3.5%; FDN -5%; FB is Bludgeoned -5.7%. AAPL Crashes -4% Into Bear Market; AMZN -5.1%; NFLX -5.5%; GOOGL -3.8%; LB; JACK; INTU; URBN
US futures are soggy as they begin trading Sunday evening.
S&P -11.
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SUNDAY 11/18/18
The California wildfire horror worsens. 76 are dead with
over 1,300 people missing. Northern California is hell on Earth with smoke and
smog filling the air.
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Friday, November 16, 2018
SATURDAY 1/17/18; APEC Summit
SPX 2736. INDU 25413. COMPQ 7248. RUT 1528. NIKK 21680.
SPASX200 5731. KOSPI 2092. SSEC 2679. HSI 26184. BSE 35457. DAX 11341. CAC
5025. FTSE 7014. MIB 18878. IBEX 9057. PSI 4914.
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Thursday, November 15, 2018
FRIDAY 11/16/18; ECB President Draghi Speaks; Federal Reserve Vice Chairman Clarida Speaks Dovishly on Rate Hikes; President Trump is Optimistic on Trade Talks; COL; HP; VJET; Industrial Production; OpEx; XLU (Utilities) Jump +1.5%; XLE (Energy) Rallies +1.2%; XRT (Retail) Sinks -1.4%; SOX (Chips) Collapses -1.2%; FB Plummets -3.5%; AMZN -1.6%; NFLX -1.3%
Aussie and Asia indexes begin trading mixed. Japan and
Australia trade lower while South Korea is higher. NIKK -0.3%. ASX 200 -0.1%.
KOSPI +0.2%.
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THURSDAY 11/15/18; Brexit Drama; UK Politicians Resign; WMT; CSIQ; WUBA; Philly Fed Survey; Empire State Survey; Retail Sales; Business Inventories; Federal Reserve Chairman Powell Speaks; Natural Gas Crashes -17%; US Stocks Rally; SPX +1.1%; COMPQ +1.7%; NDX +1.8%; RUT +1.4%; SOX (Chips) +3.3%; XLK (Tech) +2.5%; IBB (Biotech) +2.2%; TRAN +1.5%; XLE +1.5%; XLF +1.5%; KRE +1.8%; XLB +1.4%; XLI +1.3%; NVDA; AMAT; JWN; WSM; SONO
Aussie and Asia indexes begin trading mixed. NIKK -0.3%. Topix
-0.4%. ASX 200 -0.1%. KOSPI +0.1%. Taiex +0.2%. Straits Times flat. NZX -0.1%.
Japan leads lower. Amada Holdings +8.5%. Japan Post +1%. Suruga Bank +3.5%.
Mitsubishi UFJ -2.4%. South Korea job data is better than expected.
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Wednesday, November 14, 2018
WEDNESDAY 11/14/18; China Data Dump; SPASX200 (Australia) Drops -1.7%; Brexit Drama; Italy Budget Theatrics; M; DGLY; CPI (Consumer Price Index); US Stocks Selloff; IBB -2%; KRE -1.9%; XLF -1.4%; XLK -1.2%; AAPL Collapses -2.8% Down for 5 Consecutive Days Dropping Into a Bear Market; FB +1.5%; AMZN -2%; NFLX -2.6%; Natural Gas Rallies +18%; APRN; CSCO; EZPW; NTES; VIPS; Federal Reserve Chairman Powell Speaks; All Fed Meetings Starting January Are Live for Rate Moves; Bitcoin Drops Below 6K
Euro 1.1289. Dollar/yen 113.79. Pound 1.2968. Indian rupee
72.6725. Mexican peso 20.4776. Canadian dollar 1.3236. Dollar/yuan 6.956. US
dollar index 97.19.
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Tuesday, November 13, 2018
TUESDAY 11/13/18; NIKK (Japan) Collapses -2.1%; SPASX200 (Australia) Drops -1.8%; HD; SORL; TSN; Homebuilder BZH Launches +31% on Earnings; Silver Prints 13-Handle; Fed Speak; DAX (Germany) Rallies +1.3%; Oil Crashes -8% Collapsing for Record-Breaking 12 Consecutive Days; WTIC Oil Prints 54-Handle; Brent Oil Prints 64-Handle; Natural Gas Rallies +8% Above 4; TLRY; SWCH; Oil, Italy and Brexit Impact Markets
New Zealand’s NZX 50 tumbles -1.3%. Australia’s ASX 200
-0.3%. Westpac -1.7%. The weakness from the States creates gloom in Australia
and Asia. Nikkei and KOSPI index futures are pointing to a weak start.
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Monday, November 12, 2018
MONDAY 11/12/18; Veterans Day Observed; OPEC Announces Production Cuts; Oil Rallies; US Dollar Index Strengthens Above 97; Euro 1.12-Handle; Pound Drops to 1.28-Handle on Brexit Drama; Alibaba Singles Day Record $31 Billion Sales; SSEC (China) Gains +1.2%; LL; WB; European and US Stocks Collapse; DAX (Germany) Loses -1.8%; MIB (Italy) Drops -1.1%; President Trump Harpoons the Oil Market Rally; WTIC Oil Prints 58-Handle; SPX Collapses -2%; INDU Plummets -2.3%; COMPQ is Beaten -2.8%; NDX is Bludgeoned -3%; RUT -2%; NYA -1.6%; SOX -4.4%; XLK -3.5%; XLF -2%; XLY -2%; XLI -2%; XLB -1.5%; TRAN -1.4%; XHB -1.3%; Apple Suppliers Crash; AAPL -5%; AMZN -4.4%; NFLX -3.1%
Yesterday was Veterans Day in the States but it is observed
today with banks, post offices and the US bond market closed. The US stock
market will trade.
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SUNDAY 11/11/18; Veterans Day; Armistice Day; Singles Day
Today is Alibaba Singles Day the made-up holiday that encourages
and promotes Asian and global citizens to buy something for themselves. The day
is also called, “Double 11.” Alibaba sales will be huge and record-breaking.
BABA says sales are over $1 billion in the first 85 seconds of Singles Day.
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SATURDAY 11/10/18
SPX 2781. INDU 25989. COMPQ 7407. RUT 1549. NIKK 22250. SPASX200
5922. KOSPI 2086. SSEC 2599. HSI 25602. BSE 35159. DAX 11529. CAC 5107. FTSE 7105.
MIB 19258. IBEX 9135. PSI 5020.
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Wednesday, November 7, 2018
WEDNESDAY 11/7/18; US Mid-Term Elections Aftermath; Democrats Take House; Republicans Hold Senate; US Dollar Index Slips Below 96; VIX Drops to 16-Handle; European Stocks Rally; CAC (France) +1.2%; FTSE (UK) +1.1%; MIB (Italy) +1.4%; IBEX (Spain) +2%; FOXA; COTY; DF; DISH; GRPN; HUM; ROK; SO; SMG; 2-Day FOMC Meeting Begins; WTIC Oil Prints 61-Handle; 30-Year Bond Auction; US Stock Market Explodes Higher in Post-Election Melt-Up Rally; SPX +2.1%; INDU +2.1%; COMPQ +2.6%; NDX Catapults +3.1%; RUT +1.666%; XLK +2.9%; XLV +2.9%; XLY +2.7%; TRAN +2.3%; IBB +2.3%; AAPL +3%; AMZN +6.9%; NFLX +5.4%; GOOGL +3.6%; Attorney General Sessions Resigns; Pot Stocks Rally; QCOM; MCHP; MRO; MUR; ALB; TIVO; CLNE; DDS; FOSL; IAC; LBTYA; GDOT; NUS; PRU; ROKU; SNCR; TRIP; WYNN
Euro 1.1457. The US dollar index slips away lower towards a
95-handle so the euro runs higher. Dollar/yen 113.08. Pound 1.3132. Philippine
peso 52.965. Indonesian rupiah 14804. Aussie dollar 0.7249. Korean won 1120. Indian
rupee 73.004. Dollar/yuan 6.9194.
The US election results are
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Tuesday, November 6, 2018
A Summary of America's Fake News Bias on Election Day 11/6/18
by K E Stone (Keystone the Scribe and The Keystone Speculator)
Non-biased news in America has gone the way of the penny loafer. Unbiased and impartial news reporting and journalism in the United States is as rare as hen’s teeth. Each news source you follow is slanting the news story towards either the Republican Party or Democrat Party manipulating American minds. What better day to review the circus than today, Mid-Term Election Day, 11/6/18.
The US is a two-party crony capitalism system. This article explains the news bias in the US that must be considered when absorbing any information on the internet, radio or television.
The democrat-leaning news sources will always tout former President Obama, Hillary Clinton and progressive and liberal ideals as the greatest thing since sliced bread while denigrating republicans. At the same time, the republican-leaning news sources place President Trump on a pedestal praising every decision as genius. The republican media touts conservative ideals (even though most republicans no longer believe in fiscal conservatism as evidenced by the obscene Keynesian spending over the last nine years by both parties) while bashing democrats. America has become very ill and divided.
The cable news networks practice news sensationalism to attract eyeballs since advertising fees, the mother’s milk of profits, are dependent on viewership. The lip gloss beauties reading the teleprompters display long sexy legs that attract viewers. One pair of shiny legs is longer than the next pleasing the majority of male viewers. Roger Ailes, that ran the Fox News media empire for many years but had to resign in disgrace, then croaked, professed the mantra that “legs equal viewers.”
Botox is on full display at the news networks with talking heads sporting foreheads tighter than a garage band’s snare drum. The female news readers don beautiful custom-tailored dresses at over $500 a pop that highlight their attributes. A first-year marketing student will tell you that “sex sells.” The news networks manipulate minds into loyal democrats or republicans.
News is entertainment nowadays when it used to provide level-headed facts. All news is biased in America. News organizations do not even attempt to hide it anymore. The teleprompter readers comment at the end of each news story reinforcing the network’s bias. It is standard fare for anchors to praise, or denigrate, each news story depending on the networks bias.
President Trump calls out the ‘fake news’ from CNN, MSNBC, the broadcast networks (ABC, CBS, NBC), public television (NPR and PBS), New York Times, Washington Post (owned by Amazon CEO Jeff Bezos a democrat) and others on a daily basis highlighting the exaggerated negative bias. The democrat-leaning media is relentless in denigrating Trump and hopes he fails and is removed from office. America used to support the president no matter what party is in the Whitehouse but not anymore. The country has changed. The republican and democrat tribes push their pet agendas instead of what is good for the country as a whole.
There are always two sides of the coin and President Trump conveniently ignores the fake news spewing daily from Fox News, Breitbart, Rush Limbaugh, Mark Levin and others that denigrate the democrats while praising republicans and the decisions made by the orange-headed leader of the Free World.
Interestingly, most Americans prefer the middle ground and are very disturbed at the direction the country over the last couple decades. Independent voters are on the rise as many US citizens are fed up and do not want to be associated with either party and the political baby games. Many Americans do not realize that they are actually libertarians in their thinking wanting fiscal responsibility concerning government budgets and tax policy and at the same time do not care what people do in the privacy of their own bedrooms.
But enough of this windbag front matter; all you want to know is what the media bias is in America and who are the major players so without further ado lets expose the nasty truth about the United States media.
You may decide on different percentages of bias after reviewing the lists below but the most educated guess is that about 70% of the news in America is biased towards democrat, liberal and progressive minds while 30% of the news is biased towards republican and conservative thinking.
Democrat, Liberal and Progressive (Left-Leaning) News Outlets, Groups and Organizations Represent About 70% of the US Media
ABC (broadcast television dominated by the left)
CBS (broadcast television)
NBC (broadcast television)
PBS (pubic television)
NPR (public television)
CNN (cable television news)
MSNBC (cable television news)
Bloomberg (cable business news)
Reuters
Associated Press (AP)
New York Times
Washington Post
LA Times
San Francisco Chronicle
Boston Globe
USA Today
Huffington Post
Media Matters
Salon
Politico
Brookings Institute
The Economist
American Prospect
Reliable Sources (CNN)
Vox Media
Television Business
Movie Business
Music Business
Publishing Business
Hollywood
Pop Culture
Saturday Night Live (SNL) Comedy Show
Celebrities/The Aspen Elite
Silicon Valley
Facebook
Google
Colleges and College Professors
LBGTQ Community
Pro-Choice Advocates
Union workers and employees making minimum and low wages tend to favor the left.
The major US cities lean democratic including New York City, Boston, Washington, DC, Los Angeles, Seattle and Chicago. The states of Virginia, New York, California, Oregon and Washington are left-leaning.
Republican and Conservative (Right-Leaning) News Outlets, Groups and Organizations Represent About 30% of the US Media
Fox News (cable television news)
Rush Limbaugh (talk radio is dominated by the right)
Sean Hannity
Mark Levin
Glenn Beck/The Blaze
Laura Ingraham
Hugh Hewitt
Dennis Prager/Prager University
Mark Steyn
Breitbart
Drudge Report
Wall Street Journal (WSJ)
American Spectator
National Review
Washington Times
Daily Caller
Daily Wire
The Federalist
MediaBuzz (Fox News)
National Rifle Association (NRA)
US Chamber of Commerce
The Heritage Foundation
The Religious Right
Evangelicals
Pro-Life Advocates
Country Music/Patriotic Anthems
Auto Racing/NASCAR (National Association for Stock Car Auto-Racing)
Upper-middle class professional employees such as attorneys, doctors, engineers and accountants, and high-wage earners, tend to favor the right.
The Midwest and Rust-Belt cities, the Heartland (the center of the United States often referred to as the ‘fly-over country’), lean republican.
Assessing the news bias above yields 70% of media in the democrat camp and the other 30% in the republican camp. America is no longer united and instead has become tribal. Both the republican and democrat ‘tribes’ place their party ahead of what is actually good for the United States. This sad new face of America spells trouble for the United States going forward. Tribal allegiance rules the day. The unified America crumbles.
President Obama had a free ride during his eight years in office since 70% of the media was always on his side praising his decisions and covering up any mistakes. On the other side of the ledger, for example, republican presidential candidate Mitt Romney was ridiculed daily by the liberal press during the 2012 presidential race; he never had a chance. It is like playing a football game where the referees are paid off helping one team win. Republicans are at a disadvantage since the news coverage is weighted towards the democrats.
President Obama was the first media selected and elected president in America’s history. Obama never cared much about what he said off the cuff since if he did misspeak, the liberal press would always protect him.
President Trump has a tougher row to hoe since only 30% of the media is supportive to his agenda while the other 70% denigrates the president every 10 minutes. Like it or not, many Americans must accept Trump as president and give him a chance for the sake of the country. President Trump won the election fair and square.
Many Americans receive their daily news from the broadcast television stations such as ABC, CBS and NBC which slant the news in favor of democrats while representing republicans in a bad light. The democrats hold the advantage in the media bias game.
This article changes the way you view the media and news outlets. Monitor the news sources listed above and the bias will smack you squarely in the face. As long as you know how the game is played, you can filter the news and not become a puppet of the establishment republicans and democrats that attempt to control your mind daily.
Use the above knowledge to filter out the news bias. Before consuming any news, first read the byline or reference the lists above to determine which news organization is peddling the left or right-leaning propaganda. Think objectively and independently. A smart American declares a pox on both the republican and democrat houses.
Monday, November 5, 2018
SUNDAY 11/4/18
Daylight Saving Time changes in the States with
[Blog text is redacted. Purchase the Daily Chronology of Global Markets and World Economics 2018-11 that explains the stock, bond and currency moves occurring due to the elections, Fed speak and Jobs Reports. The October 2018-10 publication explains the stock market crash as it occurs in real-time.]
[Blog text is redacted. Purchase the Daily Chronology of Global Markets and World Economics 2018-11 that explains the stock, bond and currency moves occurring due to the elections, Fed speak and Jobs Reports. The October 2018-10 publication explains the stock market crash as it occurs in real-time.]
October Publication of the Daily Chronology of Global Markets and World Economics 2018-10 Available from Amazon
The October publication of the Daily Chronology of Global Markets and World Economics 2018-10 is available from Amazon. The October crash is explained in detail as it occurs in real-time.
The Daily Chronology of Global Markets and World Economics 2018-11 for November is tentatively set for publication by Amazon on Saturday, 12/1/18.
The Daily Chronology of Global Markets and World Economics 2018-11 for November is tentatively set for publication by Amazon on Saturday, 12/1/18.
Thursday, November 1, 2018
FRIDAY 11/2/18; US-China Trade Deal Optimism Fades; AAPL (Apple) Aftermath; VIX Prints 18-Handle; European PMI’s; CVX; XOM; COL; ABBV; BABA; STX; BPL; CNK; EOG; REV; RUTH; ITT; BSE (India) Rallies +1.7%. US Monthly Jobs Report; Average Earnings Above +3% On-Year; Factory Orders; Copper Rallies +3%; AAPL Crashes -7%; WTIC Oil Prints 62-Handle
Euro 1.1405. Dollar/yen 112.73. Pound tags 1.3 at 1.3001.
Philippine peso 53.21. Aussie dollar 0.7205. Korean won 1125. Indian rupee
73.45. Dollar/yuan 6.9233. Indonesian rupiah 15128. USD 96.30.
US futures are
[Blog text is redacted. Purchase the Daily Chronology of Global Markets and World Economics 2018-10 that explains the October stock market crash in real-time as it occurs. The end-of-month statistics explain the carnage.]
[Blog text is redacted. Purchase the Daily Chronology of Global Markets and World Economics 2018-10 that explains the October stock market crash in real-time as it occurs. The end-of-month statistics explain the carnage.]
THURSDAY 11/1/18; Global PMI’s; HSI (Hong Kong) Rallies +1.8%; BOE Rate Decision and Governor Carney Presser; DWDP; IT; NBL; SFM; AVP; BID; CI; D; EE; EXC; HBI; NI; MPC; OSK; PGR; PPL; SSYS; W; YRCW; ZTS; Productivity and Costs; ISM Mfg Index; Oil Slips -3%; WTIC Oil Prints 63-Handle; Brent Oil Prints 72-Handle; US Stocks Rally; COMPQ +1.8%; NDX +1.5%; RUT +2.2%; SOX +4.6%; IBB +3.8%; XLB +2.8%; VIX Print 19-Handle; AAPL; SBUX; X; ED; EOG; FLR; GPRO; SHAK; CRUS; CERS; GERN; CBS; FSTR; MELI; MET; MTZ; PBYI; SYMC; TDC; WTW; WU
Today is the first day of November and a new month of
trading begins. Investors and traders long the market are glad to see October
in the rearview mirror. Stock market bears, however, want to see far more
carnage. $8 trillion in value is wiped-off global markets in October. Stocks in
the US, Asia and Europe are taken to the shed out back and beaten severely.
The S&P 500, the US stock market, is in a cyclical bear
market with the SPX
[Blog text is redacted. Purchase the Daily Chronology of Global Markets and World Economics 2018-11 that explains the stock, bond and currency moves occurring due to the elections, Fed speak and Jobs Reports. The October 2018-10 publication explains the stock market crash as it occurs in real-time.]
[Blog text is redacted. Purchase the Daily Chronology of Global Markets and World Economics 2018-11 that explains the stock, bond and currency moves occurring due to the elections, Fed speak and Jobs Reports. The October 2018-10 publication explains the stock market crash as it occurs in real-time.]
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