The Regulations That Could Push Oil Up To $90

Authored by Nick Cunningham via OilPrice.com, International regulations on the fuels used in shipping could tighten the oil market and push prices up to $90 per barrel in the next two years. The International Maritime Organization (IMO) has new rules coming into effect at the…

Billionaire Bloomberg Blasts “Epidemic Of Dishonesty” Since Obama Left

In what could set a new standard for cognitive dissonance, former NYC mayor Michael Bloomberg warned in a commencement speech on Saturday at Texas’ Rice University that “an endless barrage of lies” and a trend toward “alternate realities” in national politics pose a dire threat…

Mass Exodus: Venezuelan Army Troops Desert In Droves Ahead Of Presidential Election

The Venezuelan Army could be nearing a collapsing point, as high-ranking military officers and enlisted troops “are joining the exodus of Venezuelans to Colombia and Brazil, fleeing barracks and forcing President Nicolas Maduro’s government to call upon retirees and militia to fill the void,” said Bloomberg….

Stock Bull- & Bear-Traps Galore

Via Global Macro Monitor, The S&P500 could not hold the 50-day moving average today, setting, yet again, a nice bull trap to hang out the MoMo crowd.  Seeing a lot more traps, both bull and bear,  these days.  It is the result of the increasing…