Advisory: Be careful of what you read on social media. The algorithms used by these platforms have no regard for Biblical truth. They target your emotions to keep you engaged on their site so their advertisers can drop more ads. These platforms exist to enrich their stockholders. Consider God’s promise to Believers in James 1:5, “If any of you lacks wisdom, you should ask God, who gives generously to all without finding fault, and it will be given to you.”
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Money Out of Thin Air Produces Nothing, It’s All Smoke and Mirrors and Wall Street High Flyers Will Be Jumping Out of Windows in an Effort to Stop the Pain From a Lifestyle of Fraud…
Psalm 36:4 Even on their beds they plot evil; they commit themselves to a sinful course and do not reject what is wrong.
US equity market crashed most since March today (Nasdaq down 6% at its worst and The Dow down over 1000pts at its nadir)…
The S&P 500’s longest streak of intraday all-time-highs since 1998 is now over…
Biggeset sell programs since June…
Source: Bloomberg
The Dow is back in the red YTD and Small Caps are back at one-month lows…
Source: Bloomberg
And VIX exploded to its highest since June…
Newly-minted options gurus suddenly flipped from gorging on calls to panic-buying puts…
Source: Bloomberg
As FANGs were fucked…
Source: Bloomberg
Apple cooked…
AAPL is once again smaller than the entire Russell 2000…
Source: Bloomberg
And Tesla twatted (into a bear market from the highs)…
We suspect this is the scene in more than a few home offices this evening:https://www.youtube.com/embed/AYrpROr9Gmk
But hey, don’t worry, CNBC had some words of advice sprinkled in throughout the session:
“…today’s pullback is a drop in the bucket”
“…what we’ve been waiting for – a healthy pause that refreshes”
“…the damage today is really not as bad as it looks”
– Bob Pisani
The Fed’s speakers didn’t help:
- 1215ET *BOSTIC: WE SHOULD BE CONCERNED ABOUT THE RISK OF ASSET BUBBLES
- 1340ET *EVANS: “I MARVEL” AT STOCK MARKET RISE DESPITE UNCERTAINTY
Are they trying to send a signal to the markets?
Credit was weaker but has been signaling an end to the exuberant bounce for over a month…
Source: Bloomberg
It appears bonds were right after all…
Source: Bloomberg
Bonds were bid with 10Y Yields plunging back to 60bps…
Source: Bloomberg
The Dollar managed to hold gains today but was very uninterested in the chaos underway in stocks…
Source: Bloomberg
Cryptos were also dumped today with Bitcoin extending its slide…
Source: Bloomberg
And Ethereum was clubbed back below $400…
Source: Bloomberg
Nothing escaped the selling (apart from bonds of course) as gold was hit (but tried to bounce back)…
And silver was hit harder…
Oil also tanked, but tried to bounce back…
And another high-flyer – Lumber – was chopped…
Source: Bloomberg
And finally, don’t say you weren’t warned that time was up…
Source: Bloomberg
As Sven Henrich points out:
“September 3rd marked the top in 1929 following a furious rally fueled by wild optimism, excessive retail speculative behavior and markets disconnecting far above the fundamentals of the economy.”
More to come?
Source: Bloomberg
The World Is In Big Trouble, for Those That Believe We Will Go Back to Some Sense of Normal Life Here on Earth, You Will Be Sadly Disappointed, Seven and Half Years of Hell on Earth Which Began January 1, 2020
“Our courts oppose the righteous, and justice is nowhere to be found. Truth stumbles in the streets, and honesty has been outlawed” (Isa. 59:14, NLT)…We Turned Our Backs On GOD, Now We Have Been Left To Our Own Devices, Enjoy…
While Mainstream Media Continues to Push a False Narrative, Big Tech Has Keep the Truth From Coming out by Shadow Banning Conservatives, Christians, and Like-Minded People, Those Death Attributed to the Coronavirus Is a Result of Those Mentioned, They Truly Are Evil…
Source: HNewsWire zerohedge HNewsWire
StevieRay Hansen
Editor, HNewsWire.com
Watchmen does not confuse truth with consensus The Watchmen does not confuse God’s word with the word of those in power…
In police-state fashion, Big Tech took the list of accused (including this site), declared all those named guilty and promptly shadow-banned, de-platformed or de-monetized us all without coming clean about how they engineered the crushing of dissent, Now more than ever big Tech has exposed there hand engaging in devious underhanded tactics to make the sinister look saintly, one of Satan’s greatest weapons happens to be deceit…
The accumulating death toll from Covid-19 can be seen minute-by-minute on cable news channels. But there’s another death toll few seem to care much about: the number of poverty-related deaths being set in motion by deliberately plunging millions of Americans into poverty and despair.
American health care, as we call it today, and for all its high-tech miracles, has evolved into one of the most atrocious rackets the world has ever seen. By racket, I mean an enterprise organized explicitly to make money dishonestly.
All the official reassurances won’t be worth a bucket of warm spit. The Globals are behind the CoronaVirus, It Is a Man-Made Bioweapon.
The Short List of “Reprobate” found in Romans 1:28 in reference to those whom God has rejected as godless and wicked. They “suppress the truth by their wickedness,” and it is upon these people that the wrath of God rests (Romans 1:18). The Greek word translated “reprobate” in the New Testament is adokimos, which means literally “unapproved, that is, rejected; by implication, worthless (literally or morally).” SRH…
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