CNBC: U.S. stocks climbed on Thursday following a sharp sell-off on Wall Street that saw the S&P 500 and the Dow Jones Industrial Average suffer their worst drop in three months.
The S&P 500 rose 1.4%, led by health care and utilities, while the blue-chip Dow gained 500 points, or 1.5%. The tech-heavy Nasdaq Composite climbed 1.0%.
Shares of American Airlines surged more than 15% after the carrier posted better-than-feared quarterly results. The company, the most-shorted U.S. airline, saw it shares keep ripping higher as hedge funds and other short sellers rushed to buy shares to cut their losses.
Wall Street suffered steep declines on Wednesday. Read More
Palwatch: While the State of Israel has begun to vaccinate the Palestinian terrorists being held in the Israeli prisons against the Coronavirus – and is doing so even before millions of Israeli citizens have been vaccinated – the PA, for its part, is using the event to once again raise the recurring libel that Israel is conducting medical experiments on the terrorists.
The PA’s claims that Israel is neglecting the imprisoned terrorists, both medically and in other ways, and conducting medical experiments on them are nothing new. This is a libel renewed regularly by the PA, and intensifies whenever a terrorist dies of an illness in prison.
It goes without saying that there is no basis to these claims.
The vaccination of the terrorist prisoners against the Coronavirus is no different. Ever since the vaccine arrived in Israel, the PA and its agents have been demanding that Israel not only vaccinate the terrorist prisoners but also agree to international supervision over the process due to baseless concern that Israel will take advantage of the vaccination to conduct “medical experiments.” Read More
Zero Hedge: During a town hall broadcast by ABC News just over a fortnight before the election, Joe Biden was discussing his tax proposals when he declared that in order to see them implemented he would need votes and approval from Congress.
“I have this strange notion. We are a democracy,” Biden sardonically declared, pointing out that “Some of my Republican friends, and some of my Democratic friends occasionally say ‘well if you can’t get the votes, by executive order you’re going to do something’”.
“You can’t do it by executive order, unless you’re a dictator,” Biden declared, adding “We’re a democracy, we need consensus.”
https://youtu.be/ido0mSoZ0WE
Fast forward to the first day of Biden’s presidency.
The guy implemented NINETEEN executive actions.
Before the first week of his presidency was over, Biden had signed THIRTY-SEVEN executive actions.
Zero Hedge: For the first time, two Lockheed Martin F-35 stealth jets were spotted over Lebanon.
A reporter posted the images via Lebanese television station, Al-Manar TV. The fighter jets were initially believed to be McDonnell Douglas F-15 Eagles, but after careful review, they appear to be Israeli Lockheed Martin F-35 Lightning II stealth jets.
According to Al Jazeera English, Israeli jets have carried out some of their biggest bombing missions in Syria, apparently striking Iranian targets over the last month. The bombardment has shocked Lebanese residents as Israeli jets use the country’s air space to access Syria.
“Israel does not violate any bilateral agreement with any regional power if its planes invade Lebanese airspace, whereas in Syria it has an agreement with Russia and it’s more complicated for them,” Sami Nader, a Lebanese political analyst, told Al Jazeera.
“On the one hand, Israel is violating Lebanese sovereignty,” Nader added. “But on the other Lebanon has not adhered to its international commitments either, because according to the UN resolutions, Hezbollah is supposed to be unarmed but it very much has its weapons.“
Now it becomes clear why the Israeli stealth jets were spotted over Lebanon. Read More
New York Post: In the 1630s, it was tulips. In the 1990s, it was Netscape and Pets.com. Later, as we all know, it was housing. Today, the warning sign flashing “danger,” signaling that the stock market has lost its mind, is GameStop.
GameStop is a video game retailer that has been priced at about $3 to $10 a share for much of the year. But in the past few days, individual investors have driven the share price above $300.
Many of these buyers are using Robinhood, an app that lets anyone trade stocks without a commission. Because of the pandemic, people have plenty of time on their hands, and are looking to make cash, and it’s fueled a spectacular rise in individual day trading.
Why are they buying GameStop? Well, some of the commentators on “WallStreetBets,” the Reddit message board driving the frenzy, believe it’s a good company.
But mostly they’re out to hurt the big guys. Read More
Breitbart: Schools in San Francisco, California, will be stripped of names honoring famous American leaders deemed unworthy because of a connection to slavery or other unsavory ties, including Presidents George Washington, Abraham Lincoln and Thomas Jefferson.
John Muir, Francis Scott Key, and Catholic Priest Junipero Serra are also on the list.
In all, 44 school will be renamed, even as critics of the decision cite the committee tasked with picking the schools did not receive enough input from historians and a lack knowledge about the current school names.
“In one instance, the committee didn’t know whether Roosevelt Middle School was named after Theodore or Franklin Delano,” the San Francisco Chronicle reported.
And despite concerns that the city has more important issues to address, including the coronavirus pandemic, rampant drug overdoses, and an ongoing homelessness epidemic, the city’s school board believes it can handle multiple issues, including erasing history from the halls of education. Read More
Breitbart: President Joe Biden will announce a ban on new oil and gas leases on federal lands and waters on Wednesday, according to several reports.
Biden’s decision bars any new fracking on federal lands despite his campaign promise not to ban the practice.
“I am not banning fracking. Let me say that again: I am not banning fracking,” Biden said in August 2020 during the presidential campaign. “No matter how many times Donald Trump lies about me.” Read More
Pres. Biden signs a series of actions on climate change, fulfilling campaign promises such as freezing new oil and gas leasing on federal land and kicking off his ambitious agenda to reduce greenhouse gas emissions. https://t.co/figJbDMrpt pic.twitter.com/j88Ls9lxvW
— ABC News Live (@ABCNewsLive) January 27, 2021
CNBC: Massachusetts Secretary of the Commonwealth William Galvin told CNBC the GameStop trading frenzy represents a risk to the U.S. stock market.
The Dow Jones Industrial Average was down more than 450 points, or 1.5%, on Wednesday and the benchmark S&P 500 slid nearly 2% as Wall Street digests a slew of corporate earnings and the speculative trading frenzy. Read More
Zero Hedge: Kentucky GOP Senator Rand Paul shredded Congressional Democrats over the second impeachment of former President Trump, arguing in a floor speech in a procedural motion to ‘table or kill’ the proceedings that “Democrats are about to drag our great country down into the gutter of rancor and vitriol the likes of which has never been seen in our nation’s history,” adding “It’s almost as if they have no ability to exist except in opposition to Donald Trump”.
Sen. @RandPaul:
"Democrats are about to drag our great country down into the gutter of rancor and vitriol the likes of which has never been seen in our nation’s history… It’s almost as if they have no ability to exist except in opposition to Donald Trump." pic.twitter.com/kiCimV0GIX
— Daily Caller (@DailyCaller) January 26, 2021
Paul then argued that Democrats are guilty of the exact ‘incitement’ they’ve accused Trump of – suggesting that “No Democrat will honestly ask whether Bernie Sanders incited the shooter that nearly killed Steve Scalise,” and “No Democrat will ask whether Maxine Waters incited violence when she literally told her supporters” to confront Trump officials in public.”
Sen. Rand Paul:
"No Democrat will honestly ask whether Bernie Sanders incited the shooter that nearly killed Steve Scalise."
"No Democrat will ask whether Maxine Waters incited violence when she literally told her supporters" to confront Trump officials in public. pic.twitter.com/ytDKsscxgh
— Daily Caller (@DailyCaller) January 26, 2021
