Your daily source for trading strategies, tech news, and politically incorrect humor.
Dear eMBers,
Your Morning Bullets are here. Let’s dig in.
INVESTOR INSIGHTS – Market Update
Where’s gold going?
It looks like it’s going up.
At least based on the early European session.
Today is the first trading day of the week.
The precious metal has climbed to almost two-week highs.
It’s currently trading around $1,485.
And the bulls aren’t hanging their hopes on the interim US-China trade agreement.
Instead, they have their eyes on another escalating geopolitical tension.
Find out which nation is in investor focus. And what economic data they’re waiting on to grab some short-term trading opportunities.
Read more here.
YOUR SILICON VALLEY (LIBERAL) OVERLORDS
If you’ve noticed that the Drudge Report has been leaning left, you’re not alone.
It’s the subject of a new campaign titled “Free Matt Drudge”. And the goal is to launch a conservative alternative.
“We love Matt Drudge and know the only way the Drudge Report would have gone so far left is if he was being held hostage in some progressive’s basement. For this reason, we demand his immediate release without condition.”
That part is obviously satire, but what about the underlying message?
The new publication (which hasn’t yet been named) is set to launch in mid-January.
It was called into action based on the left-swing the Drudge Report took during impeachment. But many say the Drudge went left the day after the election.
“This is something that began the day after the election. You could watch it in real time starting at about 9:30 a.m. a day after the election.”
“The nature of Silicon Valley is that while there are lots of nice people that are in Silicon Valley, on the whole, it tends to be less than an open-minded or tolerant region when it comes to political persuasion. Even the slightest bit of dissent is treated harshly.”
Would you check out a more conservative version of the Drudge Report?
Yes or No?
Read more here.
(If you have time for reading over the holidays, be sure to check out these hot Silicon Valley titles.)
TRUMP DERANGEMENT SYNDROME
Four words have been largely missing from the collective vocabulary.
Those four words?
“Dependence on foreign oil.”
And it looks like the Democrats have been missing it.
Mostly, Joe Biden.
If you missed the Democratic debates, you didn’t miss much, but you did miss this exchange. One that should be raising eyebrows. And some hackles in the energy sector.
Here was the question from moderator Tim Alberta:
“Three consecutive American presidents have enjoyed stints of explosive economic growth due to a boom in oil and natural gas production. As president, would you be willing to sacrifice some of that growth, even knowing potentially that it could displace thousands, maybe hundreds of thousands of blue-color workers in the interest of transitioning to that greener economy?”
“The answer is yes,” the former VP replied.
Image Source: Breitbart
But he doesn’t want you to worry – if you’re one of the hundreds of thousands of workers he’s willing to sacrifice.
“The opportunity for those workers to transition to high-paying jobs…is real.”
Senator Ted Cruz was quick to make a humorous suggestion on where they should start their search…
Biden then went into a long, rambling explanation on how he planned to solve the problem he’s planning to create.
“We shouldn’t build another new highway in America that doesn’t have charging stations on it. We have an opportunity to put 550,000 charging stations so that we own the electrical vehicle market, creating millions of jobs for people installing them, as well making sure that we own electric vehicle market.”
So, Joe, what are they going to do once they’ve installed them?
That’s a contract – not a job.
No thanks, I think I’ll stick with President Trump.
He knows that America’s wealth is built on energy. “I’m not going to lose it on dreams, on windmills.”
If elected, will Democrats destroy our thriving economy?
Yes or No?
Read more here.
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Impeachment is a process – not a vote.
So, has President Trump really been impeached?
Not according to the strictest definition of the word.
In order to impeachment to be binding, it has to go through the entire process.
The House vote is the first step, and that process has cleared.
But the House must actually send the articles and impeachment managers to the Senate to prosecute the impeachment.
And the Senate must hold a trial.
Without transmitting those articles to the Senate, Trump can legitimately say that he hasn’t truly been impeached at all.
So far, all that has really happened is that the House has voted “to impeach” (something that happens in the future tense. He won’t be impeached (past tense) until those articles make it to the Senate.
And this is why knowing the separation of powers is so important.
The House has “the sole power of impeachment.”
The Senate has “the sole power to try all impeachments.”
And it looks like Trump has the sole power of winning even when the odds are stacked against him.
Read more here.
CRAZY-INTERESTING OR RIDICULOUSLY-WEIRD
Are you a parent or grandparent who has embraced Elf on the Shelf?
You may not have realized what you’d gotten yourself into.
The constant hiding of the elf, and the choreography of the reveal can add a lot of extra pressure to the holiday season.
Image Source: Mirror.co.uk
Fortunately, there’s an app for that.
Or, more accurately, a channel – on YouTube.
Just search “Elf stuck in a TV.”
You can thank us later!
Crazy or Weird?
Read more here.
ADDITIONAL READING AND RESOURCES (ARR)
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Thanks for reading today and being a loyal subscriber.
Your biggest fan, Frederick Frost
P.S. We’d love your opinion.
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