Iran Says US Repeating ‘Big Lies’ After Trump’s State of the Union Address

Taiwan Plans $930 Million Sea Drone Buildout As China Expands Maritime Pressure Taiwan is moving quickly to build a large fleet of unmanned vessels as it looks for cheaper, scalable ways to complicate any Chinese attempt to blockade or cross the Taiwan Strait, according to Nikkei Asia. The emerging strategy combines something Taiwan already does well, building ships and sophisticated electronics, with American expertise in autonomous systems, artificial intelligence and military command networks. The potential scale is significant. Taiwan’s navy is considering roughly 1,320 small attack drones for the water, with spending...

Traders Stunned By Momentum Meltdown As Earnings Quality Problem Simmers Under The Surface Authored by Lance Roberts via RealInvestmentAdvice.com, 📈Technical Backdrop – Coiling Below The Record Here is where the quiet-index story gets interesting for traders. The S&P 500 closed the week at 7,457.69, and that put it right on top of its 50-day moving average near 7,464. Call it dead flat against the line. The index still sits about 6.8% above its rising 200-day average near 6,985, so the primary uptrend remains fully intact, and it is roughly 2% below the June...

Hormuz Ship Traffic Edges Higher, But Kpler Warns Gulf Crude Exports Remain Impaired Shipping traffic through the Strait of Hormuz slightly increased as US-Iran negotiations remained ongoing in an effort to restore peace after the memorandum of understanding collapsed amid two weeks of tit-for-tat strikes, according to Pakistan's Foreign Ministry spokesperson Tahir Andrabi, who provided no further details. Still, the security situation in the Gulf deteriorated overnight after the US launched a new wave of strikes on Iran following attacks on US forces in Jordan. Additionally, reports emerged that a US-owned...