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Bibi1581 Blog For 05/05/2018: Morning Edition

1…………> “Sell Your Tesla Stock”: Elon Musk


“We have no interest in satisfying the desires of day traders. I couldn’t care less. Please sell our stock and don’t buy it,” those were the encouraging remarks by Tesla CEO Elon Musk in a conference call with investors,

that was followed by shares slump of 5.6% to $285.45, shaving almost $US3 billion off company’s market value.


It was also his refusal to answer “boring” Wall Street questions about Tesla’s first-quarter earnings which sent the electric vehicle maker’s shares down as much as 7 percent earlier in the day, and an opinion by Wall Street analysts that the company may run out of cash around Christmas.

Mr. Musk was also asked about Tesla’s capital requirements and its nagging problem of failing to meet car-production targets.

“Boring questions are not cool,” he answered.

http://www.abc.net.au/news/2018-05-04/elon-musk-refuses-answer-boring-question-tesla-sinks-wall-street/9725936

 

2…………> Down The Aisle: Meghan Markle

Meghan Markle’s father will walk her down the aisle for her wedding to Prince Harry, and the Kensington palace also confirmed that Ms. Markle’s mother, Doria Ragland, will stay with her daughter the night before the wedding and travel with her by car to St George’s Chapel in Windsor.

Following tradition, the bride and groom-to-be will not spend the night together before the wedding and the first time he sees her on the big day is when she is walking down the aisle.


“Both of the bride’s parents will have important roles in the wedding. Ms. Markle is delighted to have her parents by her side on this important and happy occasion,”

http://www.abc.net.au/news/2018-05-04/meghan-markles-father-to-attend-royal-wedding-kensington-palace/9729662

 

 

 

3…………> Anger From Below: Mt. Kilauea

 

Fresh eruptions sent fountains of lava 100ft out of the ground on Hawaii’s Big Island, destroying several homes amid fissures on three streets and deadly levels of dangerous sulfur dioxide gas in the air.

A number of increasingly strong earthquakes rocked the area after the eruption, with the US Geological Survey (USGS) reporting a 6.9 magnitude quake south-east of the volcano.

http://www.bbc.com/news/world-us-canada-44012046

 
 

 

4…………> In Support Of NRA: Trump


“They don’t have guns. They have knives and instead, there is blood all over the floors of the hospital”, that is how President Trump described a hospital in London, where firearms are illegal but violence still erupts as criminals turn to knives.


“Your Second Amendment rights are under siege but they will never ever be under siege as long as I am your president. We cannot get complacent. We have to win the mid-terms,” Trump said at the National Rifles Association (NRA) annual meeting in the convention center in Dallas.

Gun control “diehards” accused Trump of bending backward to the NRA instead of working to curb gun violence.

“It’s the job of the president to ensure our public safety, but Trump takes his marching orders from the NRA,” Gabby Giffords, the former Arizona congresswoman who was badly wounded in a shooting, said in a statement. “Trump has ignored the pleas of young people demanding safer gun laws.”

 

http://www.xinhuanet.com/english/2018-05/05/c_137156863.htm

http://www.bbc.com/news/world-us-canada-44008157

 

5…………> “Argentina De Banana”: 40% Rates


Argentina’s central bank performed a series of money market operations that raised rates to 40% from 33.25%, all intended to help stabilize the national currency and prevent a repeat of its 2001-2 economic crisis that left its population in poverty.

The peso jumped more than 5 percent against the US dollar following Friday’s announcement, having sunk nearly 8 percent the previous day.

Inflation is currently running at 25.4 %, and most analysts expect the headline figure to remain close to 20 percent. Investors say with one of the world’s highest inflation rates, Argentina is particularly vulnerable to investment losses.

http://www.dw.com/en/argentina-hikes-interest-rate-to-40-percent-to-avoid-new-meltdown/a-43663063

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Bibi1581 Blog For 05/04/2018: Evening Edition

1…………..> Face To Face: Comrade Un & President Trump

President Donald Trump disclosed that the date and location have been set for a meeting with North Korean leader Kim Jong-un aka Comrade Un, building suspense for the unprecedented talks to push North Korea to give up its nuclear weapons.

“We’re having very substantive talks with North Korea and a lot of things have already happened with respect to the hostages. I think you’re going to see very good things,” Mr. Trump said.

The demilitarized zone (DMZ) Peace House and Singapore are among the top choices being considered for the summit, White House press secretary said if North Korea were to free the three Americans ahead of the summit “we certainly would see this as a sign of goodwill”.

http://www.abc.net.au/news/2018-05-05/us-and-north-korea-set-a-date-for-summit-donald-trump/9730520

 

2…………> US 2nd Fleet: Counter To Russia


NORFOLK (NNS) — Chief of Naval Operations, Adm. John Richardson, announced the establishment of U.S. 2nd Fleet during a change of command ceremony for U.S. Fleet Forces Command (USFF) in Norfolk, May 4.

Second Fleet will exercise operational and administrative authorities over assigned ships, aircraft and landing forces on the East Coast and northern Atlantic Ocean. Additionally, it will plan and conduct maritime, joint and combined operations and will train, certify and provide maritime forces to respond to global contingencies. Commander, 2nd Fleet will report to USFF.

“Our National Defense Strategy makes clear that we’re back in an era of great power competition as the security environment continues to grow more challenging and complex,” said Richardson. “That’s why today, we’re standing up Second Fleet to address these changes, particularly in the north Atlantic.”

http://www.navy.mil/submit/display.asp?story_id=105453

 

 

3…………> Battle Formation: Carrier Wing

PACIFIC OCEAN (April 26, 2018)

Aircraft assigned to Carrier Air Wing (CVW) 17 fly in formation over the aircraft carrier USS Theodore Roosevelt (CVN 71). Theodore Roosevelt is underway for a scheduled deployment in the western Pacific. U.S. Navy photo by Mass Communication Specialist 3rd Class Anthony J. Rivera (Released) 180426-N-XC372-1095

http://www.navy.mil/management/photodb/webphoto/web_180426-N-XC372-1095.jpg

 

4…………> Dig Deep, Dig Long: Calexico Drug Tunnel

Three men were arrested Sunday in Mexicali, Baja California, after security forces discovered drugs and a border tunnel between the city and Calexico, California.

The men were arrested as they unloaded packages from a dump truck at a home located in the Santa Clara neighborhood about 130 meters from the border.

Upon further inspection, state police and soldiers found 460 grams of methamphetamine, along with an AK-47 assault rifle, and located an unfinished 700-meter-long tunnel inside the home. It led towards a commercial center in Calexico.

https://mexiconewsdaily.com/news/3-arrested-in-mexicali-drug-tunnel-bust/

 

 

 

5…………> Market Report 05/04/2018, sell stop 24200, CG(9392), 11/22/17

After a sharp reversal following President Trump “mission accomplished” announcement in Syria, market opened on a gap, forcing short covering, triggering stop at 24050, leading to a loss of 50 points. Current position long 24100, sell stop 24450 closed for a gain of 350 DIA points, position short at 24450, cover short closed at 24250 for a gain of 200 DIA points. Current position long DIA at 24250, sell stop was closed at 24250 for a loss of 50 points, and a short position established at 24250, cover short 24200 for a gain of 50 DIA points. A cash dispersal to AAPL shareowners in the amount of $100 billion dollars sparked a rally, new position long at 24200, stop 24300 for a loss of zero dollars.

>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

Stock market old timers have said that “you buy the rumor, and sell the news”, and that is exactly what is happening right now, with the news that President Trump is about to start a metal tariff war, slapping 25% surcharge on steel and 10% on aluminum. DIA resistance is in the 27,000 area, with supports at 24135, 21354 and 18900 level, US dollar in a downtrend, resistance at 1.003319 CHF, support at .92 and 0.9: Gold in an uptrend, watch break resistance of 1377 to be taken soon. The massive Fed balance sheet contraction will result in a $600 billion dollars being dumped on the credit markets each quarter, a leftover of the horrendous $4.3 trillion money printing of Obama’s septic tank that will surely exert a severe pressure on stocks and financial assets.

>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

We warned long ago that an organized attempt to remove President Trump from office is underway, and if this activity is not curtailed soon, the market will open on gap below 20,000 with next stop 17300 and 11800 support levels.

Stocks were up 332 to 24263, DJ futures at 323attempt to stage a covering short rally.

Gold up to 1316 and USD/CHF at 1.00 despite President Trump setting tariffs on Chinese products. Translation? As the dollar goes down, we have to wait and see if the new Fed Chair Jerome Powell will continue pressuring gold and the Eurasian block with it down below $1000/oz in an economic WW3. Watch sell stop at 24,200. We have to wait and see if new Fed chair Powell will attempt to destroy Eurasian block by sending gold prices below 1000, despite the fact both Russia and China have been buying their whole gold production in local gold backed currency instead of money printing machines. In other words, US has lost controls of the precious metals complex, and with Trump’s infrastructure and tax cut campaign the National debt will soon be at, or over 30 trillion dollars, since D.C. swamp alligators have no intention dropping their pet projects. Read “Ziban Must Die” for more details on the coming collision of Trump’s administration with “Deep State” operators funded by the billionaires’ supporters of the New World.

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Bibi1581 Blog For 05/04/2018: Morning Edition

1…………> “Avanti Popolo”: Karl Marx & China

This week marks the 200th anniversary of Karl Marx’s birth, an anti-capitalistic, cult-like, anti-Christian, anti-religion one for all, and all for one cult that grew up in Europe and found its deepest roots during 1917 October revolution under Vladimir Ilyich Lenin, the founder of the infamous Soviet Union, and its clandestine network of gulags where an estimated 20 million “refuseniks”, including my uncle meet a grizzly end in the frozen wilderness of Siberia.

One of Lenin’s most dedicated students and admirers, “cult of personality” leader Mao Zedong founded China’s modern communist state, and over the past decades, Marxism has been the foundation of many theories developed by the Chinese communists to guide the nation. Its successful practice in China has inspired generations of Chinese people, and it has even become popular among Chinese youth. Marxism and Marx, it seems, is hip.

“Through almost 50 years of weal and woe, the common cause of striving for happiness for all humanity that Marx and Jenny shared, demonstrated what should be the foundation of a marriage,” opined Wang, a junior student at Renmin University.

What many followers of the Marxist ideology fail, or refuse to understand is the endless gulf between the wording of the Communist Manifesto and the actual relentless brutality of the secret police in enforcing a state based on centralized and inefficient economic system, compared to a supply and demand marketplace in most Western countries today based on tastes and preferences of free people.



http://www.xinhuanet.com/english/2018-05/03/c_137153915.htm

 

2…………>  Physicians Drug Ring: PA

Five physicians of Redirections Treatment Advocates, LLC, an opioid addiction treatment practice with offices in Pennsylvania and West Virginia, have been indicted on charges of unlawfully dispensing controlled substances and health care fraud.

The defendants named in the indictments are:
Dr. Krishan Kumar Aggarwal, 73, of Moon Township, Pennsylvania, a contractor at RTA in Weirton, West Virginia;
Dr. Madhu Aggarwal, 68, of Moon Township, Pennsylvania, a contractor at RTA in Bridgeville, Pennsylvania;
Dr. Parth Bharill, 69, of Pittsburgh, Pennsylvania, a contractor at RTA in Morgantown, West Virginia;
Dr. Cherian John, 65, of Coraopolis, Pennsylvania, a contractor at RTA in Weirton, West Virginia; and
Dr. Michael Bummer, 38, of Sewickley, Pennsylvania, a contractor at RTA in Washington, Pennsylvania.

 

The indictments allege that the defendants, working as contractors at various locations, created and distributed unlawful prescriptions for buprenorphine, known as Subutex and Suboxone, a drug that should be used to treat individuals with addiction. The defendants are also charged with conspiracy to unlawfully distribute buprenorphine. Finally, the defendants are charged with health care fraud for allegedly causing fraudulent claims to be submitted to Medicare or Medicaid for payments to cover the costs of the unlawfully prescribed buprenorphine.

For each of the defendants, the law provides a maximum sentence of 10 years in prison and a fine of $250,000 for each of the counts charging unlawfully dispensing Schedule III controlled substances; a maximum sentence of 10 years imprisonment and a fine of $1 million for each of the counts charging conspiracy to unlawfully dispense a Schedule III controlled substance; and a maximum sentence of 10 years imprisonment and a fine of $250,000 for each of the counts charging health care fraud. 

https://www.justice.gov/opa/pr/five-pennsylvania-physicians-charged-unlawfully-distributing-buprenorphine-and-defrauding

 

3…………> China Missiles: Good Chemistry, Eh?

The “Fake News” media has been talking for some time about the “good chemistry” between the self-appointed China “Cult of Personality” leader Mr.Xi and his “Stormy Daniels” beleaguered “partner” President Donald Trump, an admiration that was supposed to blossom into a “beautiful friendship”, until a report from US intelligence indicated that PLA has moved advanced YJ-12B anti-ship cruise missiles ready to strike vessels within 295 nautical miles, 

and the HQ-9B long-range, surface-to-air missiles could target aircraft, drones and cruise missiles within 160 nautical miles.

An ice-cold bucket of water dumped right over the friendship, ain’t it? Is that why Mr.Xi had a “cat-like sparks” in his eyes when he congratulated his crony Comrade Un and the unsuspecting Mr.Trump? It didn’t take much time for the stench to get out of the septic tank, didn’t it? As George Sorbane has said, “the truth is like a septic tank, and the smell will get out no matter how hard we tighten down the hatch”.

http://www.abc.net.au/news/2018-05-04/us-warns-china-after-new-missiles-placed-in-south-china-sea/9726208
 

4…………> Court Ruling: Blow To China

The dreams of the world domination of Mr.Xi got a kick in the pants after an arbitration court has ruled China has no historic title over the waters of the South China Sea and that it has breached the Philippines’ sovereign rights with its actions, infuriating Beijing which dismissed the case as a farce.

The Hague based Tribunal found that China has interfered with Philippine fishing, caused irreparable harm to the reef, and not surprisingly China immediately rejected the decision, saying its people have more than 2,000 years of history in the South China Sea and its armed forces would defend its sovereignty and maritime interests.

“Adherence to international law is the foundation for peace, stability and prosperity in East Asia, as it has for many years. This decision is an important test case for how the region can manage disputes peacefully,” Aussie Minister for Foreign Affairs Ms. Julie Bishop said.

“We certainly would urge all parties not to use this as an opportunity to engage in escalatory or provocative action,” White House spokesman Josh Earnest told reporters in a briefing aboard Air Force One.

Stand by for more.

http://www.abc.net.au/news/2016-07-12/china-no-legal-basis-south-china-sea-tribunal-finds/7622738

 

5…………..> Row The Atlantic: Solo

A brave and determined man named Duncan Hutchison, from Lochinver in the Highlands who spent his working life at sea is preparing to make an attempt to cross the North Atlantic in a wooden boat called Sleipner, named after an eight-legged horse from Norse mythology that could glide across the sea he built himself.

Mr Hutchison told BBC that the loneliness of being out at sea on his own would likely be the hardest part of the venture.

He added: “The physical side will be difficult too.

“I am doing this to prove that normal people can build a boat and row it across the Atlantic.

“That is the idea, to prove that normal people can do unusual things.”

http://www.bbc.com/news/uk-scotland-highlands-islands-43994277

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