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05/26/19 – Greg Hunter: Greatest Crash in History Coming in 2019 – Bo Polny

Financial analyst Bo Polny made a huge contrarian call on election night 2018. He predicted the stock markets would not rally but sell off by the end of the year. He was right, the DOW was down nearly 20%. What is he predicting now? Polny says, “The reason the stock market crashed in the month of December is because, basically, we are leading up to the greatest crash in history, which is going to hit this year. The crash that happened in December is only a prelude to what comes this year. So, that was only leg one down, and leg two is going to be much, much worse. It’s a replica of the great crash of 1929. That massive crash is about what is to be experienced this year but worse.”

Market Update – Monday 05/20/19 4:00 PM EDT

The SkyNet SellBots bad the upper hand in overnight futures trading, leading to a sharp drop at the open of trading on Wall Street. From there, US stocks zigged and zagged their way to a lower close. The DJIA dipped 84 points (0.3%) and the NASDAQ took it on the chin for 114 points (1.5%).

Stay tuned as the battle of the SkyNet StockBots continues!

Market Update – Friday 05/17/19 4:00 PM EDT

The SkyNet StockBots battled it out all day as US stocks zigged and zagged their way to a lower close. The DJIA dipped 99 points (0.4%) and the NASDAQ dropped 82 points (1.0%).

Stay tuned as the battle of the SkyNet StockBots continues!

05/24/19 – Tyler Durden: It Begins: For The First Time Ever, China Takes Over An Insolvent Bank

There was a time when in the years following the financial crisis, every Friday the FDIC would report of one or more small and not small banks failing, as their liabilities exceeded their assets, who were taken over by larger peers with a taxpayer subsidy to cover the capital shortfall. And while this weekly event, also known as “FDIC Failure Friday” has faded from the US, for now, it has made a grand appearance in China. Read More.

Market Update – Thursday 05/16/19 4:00 PM EDT

US stocks continued their recovery from Monday’s mini-crash, as the SkyNet BuyBots stepped in on continued hopes that the US trade war with China might not be so damaging to the world economy. The DJIA gained 215 points (0.8%) and the NASDAQ added 75 points (1.0%).

Stay tuned as the battle of the SkyNet StockBots continues!

Market Update – Wednesday 05/15/19 4:00 PM EDT

US stocks continued their recovery from Monday’s mini-crash, as the SkyNet BuyBots stepped in on continued hopes that the US trade war with China might not be so damaging to the world economy. The DJIA gained 116 points (0.4%) and the NASDAQ bounced 87 points (1.1%).

Stay tuned as the battle of the SkyNet StockBots continues!

Market Update – Tuesday 05/14/19 4:00 PM EDT

US stocks recovered from yesterday’s mini-crash, as the SkyNet BuyBots stepped in on hopes that the US trade war with China might not be so damaging to the world economy. The DJIA rebounded 207 points (0.8%) and the NASDAQ bounced 87 points (1.1%).

Stay tuned as the battle of the SkyNet StockBots continues!

05/20/19 – Lance Roberts: The 5-Laws Of Human Stupidity & How To Be A “Non-Stupid” Investor

This past weekend, I was digging through some old articles and ran across one that needed to be readdressed on “human stupidity” as it relates to investing.

The background was a study done in 1976 by a professor of economic history at the University of California, Berkeley. Carol M. Cipolla published an essay outlining the fundamental laws of a force he perceived as humanity’s greatest existential threat: Stupidity. Read More.

Market Update – Monday 05/13/19 4:00 PM EDT

Again, the on-again off-again trade dispute between Donal Trump and China took center stage as the SkyNet SellBots pounded stocks right off the bat and kept on going. The SkyNet BuyBots were nowhere in site to mount an afternoon rally, as they did often last week. The DJIA plunged 622 points (2.4%) and the NASDAQ got smashed for 275 points (3.5%).

Stay tuned as the battle of the SkyNet StockBots continues!

Market Update – Friday 05/10/19 4:00 PM EDT

Again, the SkyNet SellBots pounded US stock this morning on continued fears that Donald Trump may impose a new round of tariffs on Chinese goods.And just like yesterday, the BuyBots jumped in just before noon when Trump tweeted an optimistic message on the trade situation. The DJIA, down 300 points early, rallied to close up 114 points (0.4%) and the NASDAQ ended higher by 6 points (0.1%).

Stay tuned as the battle of the SkyNet StockBots continues!

05/17/19 – Dr. Ron Paul: The Fed Never Calls The Bubble A Bubble…Why Not?

The Federal Reserve, by manipulating interest rates and creating money out-of-thin air, produces economic bubbles that must always end in painful economic busts. Have you ever noticed that Fed officials never actually acknowledge any of this? They never warn Americans ahead of time and everyone acts surprised when it all comes down. Ron Paul explains why this is so on today’s Liberty Report!

Market Update – Thursday 05/09/19 4:00 PM EDT

The SkyNet SellBots pounded US stock this morning on continued fears that Donald Trump may impose a new round of tariffs on Chinese goods. The BuyBots cautiously stepped in just before noon when Trump tweeted an optimistic message on the trade situation. The DJIA, down 425 points early, closed down 139 points (0.5%) and the NASDAQ dropped 33 points (0.4%).

Stay tuned as the battle of the SkyNet StockBots continues!

Market Update – Wednesday 05/08/19 4:00 PM EDT

Following the last two days of sharp losses, the SkyNet BuyBots were unable to mount much of a rally as US stocks ended narrowly mixed in relatively quiet trading. The DJIA edged higher by 2 points (0.0%) and the NASDAQ slipped another 20 points (0.3%).

Stay tuned as the battle of the SkyNet StockBots continues!

05/15/19 – Jesse COlumbo: New Silicon Valley Stock Exchange Is A Warning Sign For The Startup Bubble

For the last several years, there has been a tremendous amount of activity and hype in the tech startup arena. In addition to the tens of thousands of startups that been founded in recent years, there are over three-hundred new “unicorn” startups that have valuations of $1 billion or more. Most of these unicorns came of out virtually nowhere and amassed tremendous valuations despite hemorrhaging cash, which is a tell-tale sign of a bubble. Read More.

Market Update – Tuesday 05/07/19 4:00 PM EDT

In a stunning  reversal of yesterday’s action, the SkyNet SellBots were out in full force, sending US stocks sharply lower on renewed fears that Donald Trump may impose a new round of tariffs on Chinese goods. Only a late-day rally prevented even sharper losses. The DJIA ended down 473 points (1.8%) and the NASDAQ got smashed by 160 points (2.0%).

Stay tuned as the battle of the SkyNet StockBots continues!