THEIR ARE TIMES WHEN YOU MUST GO FOR BROKE. THIS IS JUST SUCH A TIME
Stocks were mixed at the end of trading on Wall Street on Monday with the Dow Jones rising over 300 points. On the other hand, the Nasdaq 100 dropped nearly 3% as tech shares retreated.
In the aftermath of the passage of the $1.9 trillion coronavirus stimulus package, the Dow shot up to a new all-time high earlier in the session.
The Dow closed 306 points in the green or 0.97% as the Walt Disney Company led the gains throughout the session. Officials in California eased some COVID-19 restrictions, boosting Disney’s shares as its Disneyland theme park is set to reopen in April. The S&P 500 was down 0.54%, while the Nasdaq 100 dropped 2.92%. Chinese internet companies Pinduoduo and Baidu plunged during the session. Nick Note: I cannot be any cleared here. GO FOR BROKE! The market is not Not NOT pricing in the full impact of the Stimulus program…the biggest ever. A tidal wave of money will be coming into the stock market especially the NASDAQ. This wave of suckers only know high tech stocks. I want to be here for what i believe will be the biggest stock market rally ever EVER. and it going to happen very very soon
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.
The Dow Jones surged over 550 points on Monday to reach a new all-time high after the Senate passed the massive $1.9 trillion coronavirus stimulus bill over the weekend. The relief bill is expected to secure final approval from the House of Representatives on Tuesday. Meanwhile, the Centers for Disease Control and Prevention (CDC) said earlier that it is now safe for fully vaccinated people to gather without masks or social distancing measures indoors. The Dow was up 565 points to 32,061 at 12:29 pm ET. The Walt Disney Company, Cisco and Visa continued to lead the gains on the Dow. At the same time, the S&P 500 rose 0.83% but the Nasdaq 100 fell 0.80%. Nick Note: Tech is lagging here which means its a buy!
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!
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>
United States President Joe Biden said on Saturday that the coronavirus stimulus bill, which was approved by the Senate earlier in the day, “proved that this government, this democracy, can still work.” He pointed out the bipartisan support the package received in opinion polls, although no Republican senators voted in favor of it. “Everything in this package is designed to relieve the suffering and to meet the most urgent needs of the nation and put us in a better position to prevail,” Biden stated. He added that the stimulus will create an estimated six million new jobs, increase the gross domestic product by a trillion dollars and “put our nation in a position to outcompete the rest of the world.” Nick Note: This as you know is a key event. Next week it will pass as the senate and house bills go to committee to reconcile the differences. And let congressmen get their sound bits in. OH SHIT i mean congress persons, binaries, transgenders and all the rest of the LGBT bacon lettuce community members. YOU know i give a shit if it is a he she or it……. And i always preferred a sexist, raciest Dr Seuss… And read those books endless times to the kiddies… In fact Barney (i love you you love me) haunts me to this day….. See how fucked up i am i always regarded Dr Seuss and Mr Rogers as flaming liberals….. I have no dog in this witch hunt. As I disclosed I am a raciest i HATE all races including myown. And i like the slave trade as long as i am not the slave. BUT i do not want a slave… I have no malice or even ambulance for gay people in any way. as far as the races its simple GOD made these people of all colors and races and i am not about to second guess HIS wisdom. My First roommate in NYC Bill Hunter was gay. He had his boyfriends and i my OCCASIONAL girlfriends who dumped me because i was poor. I lived for years and kept a place in Grennage Village. I loved and relished the craziness… Not for me, but it was a great circus. I prefer the country to the city… My research to a movie and i prefer my dogs and Phoenix to people. And i constantly help people in my community who do not like or understand me…… Let me tell you something. Most of all I do care about my team and clients… And i could care less what you eat or who you eat. I could care less about your color or creed or sexuality or your politics. My job is simple… to support you, educate you give you the tools and knowledge to survive and prosper in these troubling times. As a foot note.. I know you and all you want to do is good and help your families…….. And that is a good thing! And let the fools be led into race baiting…. ANd into the bankers and wall street and brokers schemes to steal their money. I come to you with talent, good intentions, clean hands and some very powerful tools. i will always put your interests above my own…. its easy because they are the same. WHY? Because that is what i do. Your trust in me is a awesome responsibility which i freely assume. And hopefully i can keep guessing “Lucky”…. Shit i do not know what just got into me here… Excuse the above as a result of lack of sleep.
Senate Democrats passed President Biden’s $1.9 trillion American Rescue Plan on Saturday afternoon in a 50-49 vote after a grueling all-night voting session, pushing the massive relief bill over a crucial hurdle on its way to becoming law over the objections of the Republican Party and setting up a major victory for Biden in the early days of his presidency. The legislation will authorize hundreds of billions of dollars in federal spending for vaccine distribution and virus testing, hospitals, state and local governments, schools and small businesses to combat the ongoing coronavirus pandemic and offset its economic toll.
The bill includes a third round of stimulus checks in the amount of $1,400 for eligible individuals, another tranche of enhanced federal unemployment benefits of $300 per week, a major expansion of the child tax credit, tax relief for canceled student loan debt and billions of dollars for rental and food assistance.
Provisions like those, which are designed to provide direct aid to American families struggling to stay afloat amid the slowdown, prompted Senate Majority Leader Chuck Schumer (D-N.Y.) to predict that the legislation will be the “single largest anti-poverty bill in recent history.” Republicans widely oppose the package: they say it is too expensive, describe it as unnecessary given the pace of economic recovery and object to provisions they view as unrelated to the coronavirus crisis. Some economists and lawmakers have suggested the bill’s $1.9 trillion price tag could trigger dangerous inflation and destabilize the nascent economic recovery, but Biden’s White House and top Democrats have consistently said “big” spending is warranted given the sheer scale of the crisis. During a brutal legislative process called a “vote-a-rama” that dragged for more than 24 hours on Friday and Saturday, Democrats defeated a slew of GOP amendments to the bill, including a bid to replace the entire package with a $650 billion version instead and attempts to bar undocumented immigrants and incarcerated individuals from receiving stimulus checks. 9.5 million workers are still unemployed in the United States, according to data released Friday by the Labor Department, despite job growth that exceeded economists’ expectations in February. Democrats used a special legislative process called budget reconciliation to pass the bill with only a simple majority of votes rather than the usual 60 required to overcome a filibuster in the Senate. Since Democrats hold exactly 50 seats in that chamber (with Vice President Kamala Harris breaking a tie in their favor), they could not afford to lose a single vote. That razor thin majority prompted changes to previous versions of the bill in order to appease moderates within the caucus. After hours of fraught negotiations on Friday, Democratic leaders cut a deal with Sen. Joe Manchin of West Virginia, a conservative Democrat, to scale back the next round of enhanced federal unemployment benefits to $300 per week through September 6 rather than the $400 per week supplement many Democrats favored. They also scaled back eligibility requirements for the $1,400 stimulus checks—a major concession to moderates like Manchin who want to prevent high earning families from receiving federal relief they don’t need and aren’t likely to spend. The package will now be sent back to the House of Representatives so that chamber can approve the Senate’s changes. After that, President Biden will be able to sign the bill into law. Democratic leaders have repeatedly expressed confidence Biden will sign before March 14, when the enhanced federal unemployment insurance authorized by the last stimulus bill will expire and 11.4 million Americans will lose their benefits. If the $1.9 trillion American Rescue Plan is enacted, it will be the sixth federal rescue package signed into law since the onset of the coronavirus pandemic in the United States last year. Whether the changes the Senate made to the bill will imperil its final passage in the House, where progressives were already bristling over the Senate’s decision to strike the minimum wage hike from the package. House Speaker Nancy Pelosi (D-Calif.) has said the chamber will “absolutely” pass the package without the $15 minimum wage. Nick Note: Happy checks like we told you will be done and zoom Zoom ZOOOM here we come!
Stocks on Wall Street finished the session on Friday with substantial gains as the Dow Jones soared nearly 600 points into the close. Today’s trading session was volatile as traders monitored rising Treasury yields. Yields stabilized follow after the return on the benchmark 10-year Treasury note rose to its highest level this year. Earlier in the day, it was revealed that the US economy added 379,000 jobs last month. The Dow closed 1.85% in the green or 572 points higher as Chevron led the gains, surging 4.26%. The S&P 500 jumped 1.95% at the close with NOV rocketing over 12% as the strongest performer. The Nasdaq 100 jumped 1.64%; NXP Semiconductors soared 8.14% to the top of the chart. Nick Note: We put in this week a triple bottom. You MUST look at your charts on a closing bases. We had a velocity drop a break down side called capitulation. That is where foolish longs gave up. Then the churn and burn as the market trashed back and forth off the lows. And then a high volume high velocity drop confirming the lows on Friday. and then the rocket launch as the velocity break out to the upside. The technicals confirmed by the fundamentals means the 3 day 10% correction is over. ANd we will soon see new stock market record highs. Now make no mistake mistake about it their will be massive celebrations as the set the captives free syndrome takes hold. Unfortunately this bubble economy and stock market based on record breaking pent up demand will end in tears. This will be fueled by money…… like never seen before put into the stock market. The prosperous masses have a record high savings rate and access to record amounts of credit. This means plenty of cash and credit to pay for the coming out of the coronavirus party. And plenty of money for the stupid money to buy the shit out of the stock market on leverage. It turns out even when you were convinced we should spread (you cannot make money spreading on the bottom) I was right and guessed luck again. What i predicted and believed is well documented in real time. It will turn out that once again i called the exact bottom, reversal and rally ahead of time. DOCUMENTED! Unlike the liars and experts who pollute the biteways. They will serve their purpose for us. And that is getting the masses to “invest for the long haul” and give us their money. To be clear here i expect a sharp fast rally… Again if i can guess lucky when i sense the top (by the grace of GOD) i will pull the plug on this trade faster then a Hooker mail and or female drops his/he/its panties for money and or drugs. To be clear here this calls for the most agressive buying ever. ANd then the long awaited and much deserved marker date with destiny. THE BIGGEST STOCK MARKET CRASH EVER. And i belive you will be able to cash in bigtime. Look at your trding these past 2 years. Imagine the money you could have made with my near perfect market calls (LUCKY GUESSES) if it were not for the margin fucking. Well help is on the way.. check your mailbox. What do i mean by help?? Why our BELOVED CFD TRADING! The EQUALIZER, A WAY TO LEVEL THE PLAYING FIELD!!
Wall Street markets extended gains on Friday towards the end of the last session of the week as details of the $1.9 trillion stimulus bill were making headlines. Although the Senate had voted earlier to not add the $15 minimum wage to the relief package, US President Joe Biden said it is still a priority for him to make it happen.Dow Jones jumped 515 points or 1.67% at 2:59 pm ET, while Nasdaq 100 gained 212 points or 1.69% at the same time. S&P 500 added 67 point. Nick Note: i seem to remember,,,,I FUCKING TOLD YOU SO!
The 10-year United States Treasury yield is now returning to the levels it last had six months before the coronavirus pandemic, as the economic outlook improves overall, St. Louis Federal Reserve Bank President James Bullard said on Friday. The better economic expectations are bringing real yields higher, he noted but also added that the 10-year yield level is still quite low. The 10-year yield hit highs last seen in October 2019 and was at 1.561%, rising by 1.1 basis points at 12:37 pm ET. Commenting on inflation, Bullard stated that he would support a 2% inflation target on a sustained basis. Nick Note: of course the Fed wants a stock market rally
