US-Owned LNG Ship Reportedly Struck By Kamikaze Drone At Egyptian Port

Market Leadership Is Narrow, Increasing Summer Risk Authored by Lance Roberts via RealInvestmentAdvice.com, 📈Technical Backdrop – Friday Selloff Tests The Tape The S&P 500 closed Friday at 7,408.50, surrendering Thursday’s historic first close above 7,500 with a 1.24% decline. The semiconductor names that powered the rally became the source of Friday’s selling. Intel fell 5%, Micron 4%, AMD 3%, and Nvidia 4.4%. From a purely technical standpoint, Friday’s reversal was the first real distribution day in three weeks and the mean-reversion signal we have been flagging. The deviation numbers are the story. At 7.0% above the...

Dr. Oz Says Anti-Fraud Effort Coming To 'All 50 States' Authored by Jack Phillips via The Epoch Times, Dr. Mehmet Oz, the administrator of the agency overseeing Medicaid and Medicare, announced Tuesday that his agency’s anti-fraud effort will come to every state. During an interview at a Politico-hosted event, Oz said that every U.S. state can expect anti-fraud activities involving funds received through the Centers for Medicare & Medicaid (CMS). “We are going to announce this week that all 50 states are going to be requested to give us a plan over the...

US Intelligence Only Sees Limited Additional Damage To Iran Nuclear Program Since Last June A widely circulating fresh report in Reuters has raised eyebrows and serious questions related to the effectiveness of the 38-day aerial campaign which saw US-Israel bombs unleashed in the many thousands (combined: some 20,000+ munitions expended) on the Islamic Republic. "US intelligence assessments indicate that the time Iran would need to build a nuclear weapon has not changed since last summer, when analysts estimated that a US-Israeli attack had pushed back the timeline to up to a...