The 'Southern Front' Of The Ukrainian Conflict Is Heating Up

Hindenburg Alarm: Another Rotation Or Worse? Via RealInvestmentAdvice.com, In early November, we sounded the alarm about a recent Hindenburg Omen. Per the Commentary’s summary: Bottom line: market breadth is horrendous and will likely lead to a rotation favoring out-of-favor sectors and stocks. Thus, it’s not surprising that the Hindenburg Omen was triggered. If we continue to see more of these Omens, the threat of a drawdown grows. At the time, Mega-Cap stocks were grossly outperforming the market, while many sectors lagged the market. Since that Hindenburg Alarm, our expectations have come to fruition. We have, in fact,...

South Korea Plans Investment Fund From Chip Tax Revenue At a time when chip and memory companies are disproportionately receiving the benefits of hundreds of billions in capex, and a growing number of politicians are consider ways to socialize these outsized gains, Yonhap News reported that South Korea plans to create an investment fund using tax revenue from its burgeoning semiconductor industry to finance long-term economic growth. In a senior-level meeting of the government and the ruling party, presidential chief of staff Kang Hoon-sik said the additional revenue from the country’s...

A US Air Force pilot suffered shrapnel wounds when a US F-35 fighter jet was struck while flying over Iran last week, Air and Space Forces Magazine has reported, citing people familiar with the matter. US Central Command (CENTCOM) hasn’t shared any details about the incident other than acknowledging that the F-35 was hit, made […]