'Keep Digging'... Says Shovel-Salesman Jensen Huang

Ayatollah Mojtaba Khamenei, who replaced his slain father as the new supreme leader of Iran, issued his first statement on Thursday, where he said the Strait of Hormuz would remain closed and vowed Iranian attacks on US bases in the region would continue. “Certainly, the leverage of blocking the Strait of Hormuz must also continue […]

President Donald Trump ordered strikes against civilian infrastructure in Iran, including bridges, roads, railways, and energy sites.  Overnight Thursday, the US bombed multiple bridges, a railway, a maritime watchtower, and energy sites. The US strikes killed at least eight Iranians.  For months, President Trump has threatened to bomb civilian sites in Iran if Tehran did […]

September Market Weakness: The Setup Has Teeth Authored by Lance Roberts via RealInvestmentAdvice.com, The Setup Has Teeth Earlier this week, in our Daily Market Commentary, I flagged that the market was testing support after three straight down days, starting in September, with the calendar. That was just the warm-up, as the real story lies in a note from Scott Rubner at Citadel Securities, whose read on September market weakness is among the best that I have read. Rubner’s case is not that the bull market has ended. It is that the near-term math just...