POLITICS
for who does the bell toll
when it is a question about the good (read survival) of the party
–
CNN
Some top Democrats want Biden to quit race this week
A growing number of Democratic leaders are saying they want him to step aside for the good of the party
and ever mind egg on their face
boyz n girls u r witnessing the finesse of brutality in politics:
no-one is bigger than the matter of life of a party
biden s a gonner. matter of even maybe only hours now
Chewy Inc. – CHWY – Doggy food…
CHWY: Chewy Stock Dives Underwater from 18% Gain on ‘Roaring Kitty’ $245M Stake
Chewy stock rallies 18%.
Shares erase gains to 7% dip.
Keith Gill behind volatile trade.
Retail trading phenomenon Keith Gill makes a move on pet-supply retailer but leaves shares worse than he found them. All bark, no bite?
GME – GameStop Corp.
Surviving for now above 22.30 , but barely.
Not much action after a Lawsuit was filed against Roaring Kitty ( The Manipulator )
Investors in GameStop (GME) have for now withdrawn their lawsuit accusing Keith Gill, who is known as “Roaring Kitty” and helped spur the meme stock mania of 2021, of defrauding them through a “pump-and-dump” scheme for the videogame retailer.
A proposed class action accusing Gill of securities fraud was filed on Friday in the Brooklyn, New York, federal court, but voluntarily withdrawn on Monday without explanation. The lawsuit can be refiled, according to the filing.
EURUSD 4h
Playing between roughly 1.06600 and 1.07800
As long as it stays within this Rectangle, it is possible to play it both sides.
But be aware that this looks more and more as Buying dips and getting ready to break Up.
I have warned days ago that time is of essence when it comes to continuation of the downtrend – well time is up….
Just as a good measure ( technically speaking ) we might see another dip to around 1.06800 and then strongly Up – but not necessarily ….
If this week closes above 1.08 the game is On.
JP – Trump is a lot like Ozzy Ozborne. What people do not realize about the Oz is most of his songs are about not embracing the dark side, he just did it like Vincent Price did in movies. I firmly believe, if he becomes president, there will be initial chaos followed over time by improved economic performance and trade. Anyone thinking anything else is convincing themselves of things that don’t exist. Trump actually wants balance and fairness. I studied him closely. Not a fan in particular, but I think I get it.
To the tune of U2 – Pride
Greece becomes first EU country to introduce a six-day working week – cnbc and others
• The regulation, which came into force on July 1, bucks a global trend of companies exploring whether to embrace a shorter working week.
• The pro-business government of Prime Minister Kyriakos Mitsotakis has reportedly said the measure is both “worker-friendly” and “deeply growth-orientated.”
• Labor unions and political analysts have sharply criticized the move.
Actually, the greek is beholden to the IMF and needs to squeeze blood from its peasants – officially it is called “boosting productivity”
POLITICS
after all that s been said and done
sofar more s been said than done
–
however, when cnn goes public suchly
“CNN Poll Most voters think Democrats have a better chance of keeping White House if Biden isn’t the nominee”
I am expecting more will be soon done. (i.e. joe POOF!s)
will markets celebrate or dump ?
This feels like a sparring match week which for most in the US a 4-day holiday weekend, 2 elections, US jobs report.
One change this week seems to be the steepening of the yield curve and concerns over what happens with inflation and budget deficits should Trump become president, although this story has a ways to play out.
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