Author: BlackMask Financial

Tesla shares jump, look to snap 5-day losing streak U.S. stock-market benchmarks rallied Tuesday as a falling bond yields helped send the tech-heavy Nasdaq Composite up sharply a day after it tumbled into correction territory. On Monday, the Dow ended with a gain of 306.14 points, or 1%, at 31,802.44 after rising more than 650 points earlier in the session to hit an intraday record. The S&P 500 finished with a loss of 0.5%. And the Nasdaq slumped 2.4% to end at 12,609.16, leaving it 10.5% off its record close from Feb. 12. The Nasdaq’s slide meets the definition of a correction, which is a fall of 10% from a recent peak. Treasury yields have been calling the tune, with their recent rise fueling a rotation away from growth-oriented stocks, including many of the highflying tech-related shares that boomed during the pandemic-inspired lockdowns. Investors have been using the proceeds to pile into shares of more cyclical and value-oriented stocks and sectors that are seen as poised to benefit most from a wider reopening of the economy. But that dynamic was put on hold after the yield on the 10-year Treasury note  fell around 4 basis points at 1.56%. Yields and bond prices move in opposite directions. Before Tuesday, it was rising yields that had sparked an exodus from shares that had rallied during the recovery from the pandemic lows set nearly a year ago. “The cyclical rotation has been running strong for months and today is an overdue buying the dip for technology stocks. The move in tech stocks coincides with the rally in Treasuries, so many traders will be skeptical that this rebound will stick,” said Edward Moya, senior analyst at OANDA. Meanwhile, the House is expected this week to provide final approval of a $1.9 trillion package of COVID relief spending, giving President Joe Biden an early political victory and stoking expectations for a surge in economic growth later in 2021, accelerating a reopening fueled by vaccine rollouts and past doses of stimulus. That same dynamic has fed the rise in bond yields as investors look for at least a near-term surge in inflation. Investors will get a look at inflation data later this week, but the economic calendar was indeed light on Tuesday. The National Federation of Independent Business said its closely followed optimism index edged up to 95.8 last month  from 95 in January. Meanwhile, Washington will keep the spotlight on Robinhood and other zero-commission brokers when the Senate Banking Committee holds a hearing at 10 a.m. Eastern, with expert witnesses set to warn of the dangers of financial speculation. Nick Note: yes i am foaming at the mouth. How do i get through to you the enormous opportunity presenting itself… GO FOR BROKE! The stars have aligned… Working vaccines ending for now the plague. Enormous pent up demand, The highest savings rate ever, the greatest stimulus undertaken by any society ever. And a bunch of no knowing eager beaver ha ha ha investors that are about to buy stocks like their is no tomorrow. the biggest cumulative orgy ever is about to begin. And we get them coming and going because this great big bubble they are about to creat will be the biggest shorting opporunity ever.

Coronavirus vaccine rollouts and a huge US stimulus package have boosted economic growth expectations.

The Organisation for Economic Co-operation and Development (OECD) sharply hiked its 2021 global growth forecast on Tuesday to 5.6%. The deployment of coronavirus vaccines and a huge US stimulus program have greatly improved the world’s economic prospects. Tuesday’s figure is an increase of 1.4% from the Paris-based organization’s December forecast. It said faster and more effective vaccination across the world is of critical importance. The outlook for global growth would be better than current projections if the production and distribution of vaccines accelerate as containment measures will be relaxed more rapidly. “World output is expected to reach pre-pandemic levels by mid-2021 but much will depend on the race between vaccines and emerging variants of the virus,” it stressed. The OECD said global gross domestic product (GDP) growth would be 4% in 2022. The US growth is expected to be 6.5% in 2021, partly reflecting the large-scale fiscal stimulus now planned with a sustained pace of vaccination. In the euro area, where the level of fiscal stimulus is lower and vaccine rollout slower, GDP is projected to increase 3.9% next year. The forecast for G20 countries was up 1.5 percentage points to 6.2% this year, the OECD said. Effective containment of the virus and regained dynamism of industrial activity created brighter prospects for the Asian-Pacific region. “In China, GDP growth is projected to be 7.8% this year; in Japan 2.7%; in Korea 3.3%; and in Australia 4.5%,” it said. Nick Note: You are a asshole if you do not go for broke. How the fuck do i get through to you…… This is big Big BIG… the successful vaccines are a game changer. WE ARE ABOUT TO SEE THE BIGGEST STOCK MARKET RALLY EVER!.. Is this getting through your thick scull. Lets talk straight the only reason you are not going all in is you do not believe me…… What the fuck are you paying me for?????????????? Contact you brother, uncle, wife, xwife, the loan shark, donate a kidney, sell you wife daughter into white slavery (son is ok  its now equally opportunity slavery) Even black slavery is ok….. Unfortunately blond white slaves bring a better price… (I wonder if Nancy will demand equality in prices of children sold into prostitution)  So do your market research and raise every dime you can and dump it into this trade. If you are wating for CFD’s you might miss the boat…….. If you think you can day trade this instead of belling up to the bar and put in more money your a ASSHOLE! Am i getting though to you….. you are about to miss out on the greatest rally ever…..

THEIR ARE TIMES WHEN YOU MUST GO FOR BROKE. THIS IS JUST SUCH A TIME

WASHINGTON (Reuters) – The U.S. House of Representatives will take up by Wednesday the Senate version of the sweeping $1.9 trillion coronavirus relief package backed by President Joe Biden, Speaker Nancy Pelosi said on Monday. Closing in on final approval of one of the biggest U.S. anti-poverty measures since the 1960s, Democrats aim to enact the massive legislation by Sunday, when enhanced federal unemployment benefits are set to expire. The Senate passed its version of the bill after a marathon overnight vote on Saturday. The Senate version eliminated or pared back some provisions included in the House bill, which had increased the federal minimum wage to $15 an hour and extended expanded jobless assistance through Aug. 29. Now that it has passed the Senate, it must be approved again by the House before it can make its way to Biden’s desk and be signed into law. Pelosi told reporters at the Capitol that the timing of a vote on the House floor “depends on when we get the paper from the Senate.” “We’d take it up Wednesday morning at the latest,” she said. Like the Senate, Democrats hold a very narrow majority in the chamber, meaning they cannot withstand many votes against the bill. The first version of the bill passed in the House without a single Republican vote. Two moderate Democrats joined Republicans in voting against that version. One of them, Representative Kurt Schrader of Oregon, said on Monday he would now vote for the bill with the Senate changes. “My concerns remain on the size and scope of this bill but believe the Senate changes provide meaningful relief for Oregonians in need,” Schrader wrote on Facebook. “Funding for our local governments, small businesses, schools, families, healthcare providers and an extension on unemployment benefits will be a lifeline for many,” he said of the legislation. Republicans, who broadly supported coronavirus relief early in the pandemic, have criticized the price tag of the Biden relief package. On Friday, as the Senate vote was still under way, House Democratic lawmaker Bonnie Watson Coleman said she was “disgusted” by some of the changes in the Senate bill and questioned if she could support it. A spokesman for her office did not immediately respond to a request for comment. But Representative Pramila Jayapal, head of the Congressional Progressive Caucus, told reporters she thought members of the group would back the legislation, which she described as “phenomenal” and in keeping with most of its members’ priorities. White House spokeswoman Jen Psaki praised the legislation at a news conference, saying that while there were some changes on the margins, it represented the “core” of what Biden originally proposed. Nick Note: I do not believe the markets understand how fast this 2 trillion party will come. It will be reconciled by Tuesday, signed by Wednesday. Biden has scheduled a prime time announcement for Thursday, The checks will be in mail starting Monday. 60% of the recipients say they will put at least half of their happy checks in the stock market. This is like nothing seen before. Past stimulus programs went through the Fed to the banks and he big corporations. Its different this time. Its the biggest cash payout to the masse in history.

Dr. Lawrie has provided a rapid review to validate the analysis of efficacy of Ivermectin provided by the Frontline Covid-19 Critical Care Alliance , based in the US. Its leading figures have recently given testimony to the National Institute of Health’s Covid-19 Treatment Panel In New York. In connection with her analysis of ivermectin she sent a letter to Health Secretary Mr. Hancock and other MP’s on 3 January and has so far received no reply.

In her letter to the Prime Minister Dr. Lawrie states,

“The good news is that we now have solid evidence of an effective treatment Covid-19. It is called ivermectin. Ivermectin is a very safe and effective anti-parasitic medication widely used in low and middle income countries to treat worms, lice and scabies in both adults and children. It has been around for decades and not only is it on the WHO list of essential medicines it is a Nobel Prize winning medicine due to its increasing usefulness across a range of illnesses.

Between Xmas and new year I independently reviewed 27 studies presented by the FLCCC as evidence of ivermectin effectiveness. The resulting evidence is consistent and unequivocal : ivermectin works well both in preventing covid infections and in preventing deaths at the same doses used to treat lice other parasitic infections.

I am very pleased to inform you that this evidence solidly substantiates the FLCCC’s recommendation that ivermectin should be adopted globally and systematically for the prevention and treatment of Covid-19. Because I know there is alot of fake news going about I would like to assure you that you can trust the integrity of my report because I am an experienced independent medical research consultant whose work is routinely used to underpin international clinical practice guidelines. In addition I have no conflict of interest and have received no funding for this report.

But most of all you can trust me because I am a medical doctor first and foremost with amoral duty to help people, to do no harm and to save lives.

Please may we start saving lives now.

Thank you very much for your help. Mr.Hancock’s office should have my details. ”

Nick Note: Since i reported this treatment to you last December their has been a lot of controversy about this medicine. It seems ALL Cheap safe prescription medicines that have a chance of working get attacked. Why take mere millions if your a drug company when you can get 100 billion. Talk to your health care professional. I can tell you that ivermectin  is in my bag of tricks….. Prescribed by my professor!

https://youtu.be/5Q3qbPO_cSc

Treasury Secretary Janet Yellen said Friday that she hopes President Joe Biden’s $1.9 trillion coronavirus stimulus package will help bring back full employment by 2022. Speaking with PBS NewsHour, Yellen said the U.S. needs to “go big” with coronavirus relief in order to help get the economy back on track to pre-pandemic levels. “It’s a big [stimulus] package, but I think that we need to go big now, and that we can afford to go big,” she said. “And the most important thing is to get our economy back on track and help people get their lives back, in order to make sure that this pandemic doesn’t permanently scar our work force. And I think this is what we need. I’m hopeful that, next year, with a package of this size, we can be back at full employment.” Yellen’s comments came after Friday’s announcement that the U.S. economy exceeded expectations by adding 379,000 new jobs in February. While Yellen said she was “pleased” with those numbers, she added that the unemployment rate is still running at about 10 percent. “When you think about the pace, although 379,000 jobs in one month, it sounds like a lot,” she said. “But, at that pace, it would take us more than two years to get back to full employment. And we’re — we want to make sure that our workers get back to full employment, the state we had in the economy before the pandemic struck, a lot sooner than that.” “The package that the president and his advisers put together that’s working its way through the Senate now was really geared to relieve the suffering of the American people,” she added. Biden’s stimulus package, called the American Rescue Plan, was passed by the House of Representatives on February 26 and has now been passed in the Senate. The package now goes back to the house where the Senate version of the bill is reconciled against the House version. It is expected to with little change. Nick Note: I cannot stress enough how BIG this stimulus is. This nearly 2 trillion in happy checks is different from past programs. The money is designed to flow to people, small businesses, states and cities. That means it will be immoderately spent into the economy. The past stimulus programs got stuck at the FED>