DH Unplugged
DH Unplugged
Oct 20, 2020
DHUnplugged #527: Triple E
59 min

The countdown continues – and 3 “E’s” are in focus – the Economy, Election and Earnings.

Twitter is down – some suspicious timing, SpaceX reaches a milestone and a follow up on the PPP program.

A Zoom reveal – oops…

Fed Limericks are Back – PLUS we are now on Spotify and Amazon Music/Podcasts!


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48 Hour Notice Given
2 Weeks from Today – Election… Will we have a quick winner?
Final Prez Debate Thursday Night
Earnings – Tech on the Way
Oops! Jeffery Toobin Zoom Reveal
Election Odds…

Market Update
Market Bracing for No-Stimulus Agreement
Tax Hikes under Biden? (if Elected)
Banks continue to Rollover- Low Rates Forever
Inflation – PPI Hot, CPI, Not

Market watching the Triple E’s
– Economics, Elections, Earnings

Thoughts on the competing the “Town Halls”?
– Why were they scheduled at the same time?
– Media seemed hostile toward Trump – Trump had to be on defence
– Media seemed easy on Biden – softball questions

Election Odds
– John/Andrew Picks to Win

Chris Cristie – Change-up
– Former New Jersey Gov. Chris Christie on Thursday urged Americans to wear masks to fight the coronavirus that put him in intensive care for seven days, and warned the virus is “something to take very seriously.”
– “I believed that when I entered the White House grounds, that I had entered a safe zone, due to the testing that and I and many others underwent every day. I was wrong. I was wrong to not wear a mask at the Amy Coney Barrett announcement and I was wrong not to wear a mask at my multiple debate prep sessions with the President and the rest of the team,” Christie said in a statement obtained by NBC News.

Covid Switching Sides – Dems Now?
– Sen. Kamala Harris (D-Calif.) will pause her travel through Sunday after her communications director tested positive for the coronavirus.

No Honor Among Thieves
– Houston technology executive Robert Brockman has been charged in the biggest tax evasion case in U.S. history after fellow billionaire Robert Smith turned against him to avoid prosecution himself, the Justice Department said on Thursday.
– Brockman, chief executive of Ohio-based Reynolds and Reynolds Co, hid $2 billion in income from the Internal Revenue Service over two decades, using a web of off-shore companies in Bermuda and St. Kitts and Nevis, according to an indictment unsealed on Thursday.
– He faces seven counts of tax evasion, six counts of failing to file reports disclosing foreign bank accounts, and numerous other counts including wire fraud, money laundering and evidence tampering.

Jeff Toobin
– Zoom Reveal

New Debate Rules
– Mics will be muted for exclusive segments
– Open mics remainder
– Will this help?

Twitter – Pulled “Smoking Gun” tweet and then…
– Twitter down for an hour or so
– Twitter’s website was down Thursday afternoon, with users who tried to visit the service greeted by an error message.
– A note on the company’s status website showed that Twitter was investigating an irregularity with its application Programming Interface, or API.

Brokerage Account Hacks
– Hackers have turned to the dark web, where log-ins for accounts at major brokerage firms are listed for sale
– For just a few dollars, criminals are selling credentials for customers of E*Trade, Charles Schwab, TD Ameritrade, Robinhood and others, according to New York-based security firm Intsights.
– Make sure you login is secure and use 2F Authentication if possible

PPP Follow Up
– The Treasury Department privately encouraged banks to prioritize existing clients when implementing the federal government’s Paycheck Protection Program that provided coronavirus relief to small businesses, according to a report Friday from a House oversight panel.
– “As a result, small businesses that were truly in need of financial support during the economic crisis often faced longer waits and more obstacles to receiving PPP funding than larger, wealthier companies,” the congressional panel said in statement.
– We know this was an issue with banks – plenty of reports of people without relationships being locked out of first round
NEXT ROUND? How will they protect the $$ and provide to those in need (after all of the mishaps and fraud?)

More PPP
– Wells Fargo & Co. fired more than 100 employees suspected of improperly collecting coronavirus relief funds, according to a person with knowledge of the situation.
– The firm determined that the staffers defrauded the Small Business Administration “by making false representations in applying for coronavirus relief funds for themselves,” according to an internal memo reviewed by Bloomberg
– How does this company stay in business?

Firearm Sales Skyrocket
– Smith & Wesson estimated that firearms to new buyers accounted for about 40% of sales this year, an estimate he called conservative and “double the national average” in past years.
– In a Sept. 2 call, Sportsman’s Warehouse Holdings Inc CEO Jon Barker said the company estimated that 5 million people purchased firearms for the first time across the industry in the first seven months of the year
– In a statement to Reuters, Walmart Inc acknowledged supply shortages in outdoor products including hunting but provided no details of its gun and ammunition sales or inventory
– Eight of the top 10 all-time weeks for background checks have happened this year, according to NICS data that goes back to 1998.
– Is this related to the Pandemic or the Election? Both or neither?

Tesla Price Cut
– Tesla Inc will further cut the price of its Model S “Long Range” sedan in the United States to $69,420, the electric carmaker’s chief executive, Elon Musk, announced in a tweet
– $69,420 –  Hardy harrharr

Bankruptcies
– The number of business bankruptcies and insolvencies in most countries has declined this year through the coronavirus pandemic as the world is seeing far fewer bankruptcies than it did in 2019.
– The number of zombies globally increased in 2019 for the third straight year and was on pace to reach one in five S&P 500 companies in the U.S. this year before the pandemic.

Bankruptcy Data

Apple iPhone 12
– Any thoughts?
– Estimated to have sold 2 million phones right after announcement – a big uptick from the iPhone 11
– New Homepod Mini – with intercom/bullhorn feature?
– 5G Feature – Verizon
– No Charging block – need to change to USB-C?
—- Company says they are doing this to save on carbon footprint

Race to Space
– SpaceX on Sunday launched another batch of 60 of its internet-beaming Starlink satellites, growing its constellation even further. That makes 835 Starlink satellites launched thus far, though not all of those are operational
– Starlink is a satellite internet constellation being constructed by SpaceX providing satellite Internet access.
– The constellation will consist of thousands of mass-produced small satellites in low Earth orbit (LEO), working in combination with ground transceivers.
– Space Junk? Getting crowded up there?

Rent-a-Theater
– AMC has begun to offer the option through its site, with prices for renting out a theater starting at a surprisingly reasonable $99 (though not in New York, Alaska and Hawaii).
– Attendees can invite as many as 20 people to a screening, which consists of classic titles like Jurassic Park and Halloween-centric fare like The Nightmare Before Christmas. Prices go up from there. New titles like Tenet and The New Mutants, cost up to $349 for a single screening.

Quick Question
– What happened to the WeChat and TikTok ban?

GameStop and Microsoft
– GameStop and Microsoft have entered into a multiyear agreement that gives the video game retailer a cut of every digital purchase made on any Xbox consoles it directly sells going forward – even if not puchased through GameStop
– The new revenue sharing deal is said to give GameStop a percentage of any digital sales made on those Xbox consoles, including digital downloads of full games and DLC, in-game microtransactions, and any subscriptions
– Weird

 


420 Stocks …

CLICK for list of “Pot Stocks”

Stocks to watch: CGC, STZ, TLRY, CRON, MJ, NBEV

 


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Announcing a NEW Closest to the Pin
ExxonMobil

*** NEW INTERACTIVE CHARTS ***

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UPDATE – NEW ETF – Global X Millennials Thematic ETF Challenge!

The top holdings of Global X Millennials Thematic ETF (MILN) include stocks many investors would expect, such as Facebook, LinkedIn and Amazon, which take advantage of the tech tendencies of millennials. But some names might be more surprising like real estate investment trusts AvalonBay Communities and Equity Residential, and Home Depot, which could benefit from millennials moving out of the home of their parents.

We are creating the DH Old Codger Index Portfolio to compete against this new ETF to see how “old school” stocks do in comparison. Companies in our index will include: (updated names as of 8/29/16)

We have the performance summary running (daily and since inception of 5/6/16) – DHOCI vs. Millennials ETF Battle


Getting Creative
– Singapore Airlines Ltd. sold out seats to eat lunch on a grounded jet at the airport.
– Tickets ranged from $40 for economy to $474 for a private suite.
– Demand is so strong that the airline is adding dinner service and extra days to what was supposed to be a two-day stunt.
– For those who miss out, it will even deliver meals, along with an amenity kit, to a private residence for a mere $650.

NY HOLE
– New York governments and authorities are projecting $59 billion of revenue shortfalls through 2022 because of the continuing coronavirus crisis, one of the deepest funding holes of any state.
– How does the state recover from this?

Tesla
– Cancels its 7-day no-questions- asked return policy last week

Fed Limericks

The Limerick King @TheLimerickKing
The Banks are destroying our nations
Their weapons are asset inflations
They set interest low
So assets will grow
These prices are pure fabrications

John’s Score (B)

John Potts
Once we had Powel for the fed chair,
When Covid turned our markets a bear,
Our money got looser,
Wall Street the seducer!
Recession rally away our despair.

John’s Score (B-)


See this week’s stock picks HERE


Follow John C. Dvorak on Twitter

Follow Andrew Horowitz on Twitter


Mitch Unfiltered
Mitch Unfiltered
Mitch Levy
Episode 118 – Rick Neuheisel & Seahawks No-Table Double Dip
RUNDOWN At the top of the show, the guys chat about their evolving Thanksgiving plans as Mitch's Suncadia trip has been cancelled. Then, the guys contemplate the legitimacy of the Hawks contender status, weigh in on the 2-0 Dawgs, and Hotshot shares his notorious Apple Cup story. Today's guests are ESPN Hawks insider Brady Henderson with NBC Sports Northwest Seahawks reporter Joe Fann and college football guru Rick Neuheisel. Featured topics in the "Other Stuff" segment include Fred VanVleet's landmark contract, Kenny Rogers' troubling legacy, and Scott's closing comments about a tree-loving Connecticut man! GUESTS * Rick Neuheisel | CBS Sports college football analyst * Brady Henderson | ESPN Seahawks insider * Joe Fann | NBC Sports Northwest Seahawks reporter TABLE OF CONTENTS 4:43 | Mitch is bummed out he can't go to Suncadia for Thansgiving and fears he may never visit. 11:30 | Scott was in Sequim over the weekend petting bison and making his family listen to his Phil Collins audio tribute. 20:25 | Mitch provides the code word for next weeks slate of Beat the Boys matchups. 24:27 | Are the Hawks better or worse than their record suggests after ten games? 31:16 | The Dawgs are rolling after two games and now there's no Apple Cup due to a Cougs COVID outbreak. 37:03 | Sean Payton trolled Roddy White on Twitter and it was glorious. 39:24 | Hotshot shares his infamous Apple Cup story. 53:16 | GUEST: Rick Neuheisel jumps aboard to weigh in on the weekend of college football and share a story about 1:24:07 | GUESTS: In Part One of the Seahawks No-Table, Brady Henderson and Joe Fann reflect on Thursday night's win for the Hawks over Arizona. 1:45:39 | GUESTS: The No-Table continues as the guys as Henderson and Fann provide a personnel update heading into the final half-dozen regular season matchups. 2:06:10 | Mitch has the perfect gift idea this holiday season...for Mitch. 2:08:19 | Fred VanVleet landed a 4 year, $85MM deal with the Raptors which marks a historic record for underdogs. 2:10:46 | Kenny Rogers estate is suing a longtime friend of Kenny's after releasing forbidden content. 2:17:11 | Zac Bagans paid a hefty sum for a movie prop that scared the crap out of Scott as a kid. 2:18:50 | A Florida man jumped into a swamp and snagged a gator that grabbed his dog. 2:22:35 | A half-naked Connecticut man was arrested after being caught getting touchy-feeling with trees. The post Episode 118 – Rick Neuheisel & Seahawks No-Table Double Dip appeared first on Mitch Unfiltered.
Congressional Dish
Congressional Dish
Jennifer Briney
CD224: Social Media Censorship
Everyone who uses Facebook, Google, and Twitter has probably noticed the disappearance of posts and the appearance of labels, especially during the 2020 election season. In this episode, hear the highlights from six recent House and Senate hearings where executives from the social media giants and experts on social media testified about the recent changes. The incoming 117th Congress is promising to make new laws that will affect our social media experiences; these conversations are where the new laws are being conceived. Please Support Congressional Dish – Quick Links * Click here to contribute monthly or a lump sum via PayPal * Click here to support Congressional Dish via Patreon (donations per episode) * Send Zelle payments to: Donation@congressionaldish.com * Send Venmo payments to: @Jennifer-Briney * Send Cash App payments to: $CongressionalDish or Donation@congressionaldish.com * Use your bank’s online bill pay function to mail contributions to: 5753 Hwy 85 North, Number 4576, Crestview, FL 32536 Please make checks payable to Congressional Dish Thank you for supporting truly independent media! Recommended Episodes CD196: The Mueller Report CD186: National Endowment for Democracy Articles/Documents * Article: President Trump’s latest claims about Wis. absentee ballots debunked by election officials WTMJ-TV Milwaukee, November 24, 2020 * Article: Don’t Blame Section 230 for Big Tech’s Failures. Blame Big Tech. By Elliot Harmon, Electronic Frontier Foundation, November 16, 2020 * Article: Biden, the Media and CIA Labeled the Hunter Biden Emails "Russian Disinformation." There is Still No Evidence. By Glenn Greenwald, November 12, 2020 * Article: Ad Library - Spending Tracker: US 2020 Presidential Race Facebook, November 3, 2020 * Article: What’s the deal with the Hunter Biden email controversy? By Kaelyn Forde and Patricia Sabga, Aljazeera, October 30, 2020 * Article: Congress Fails to Ask Tech CEOs the Hard Questions By Elliot Harmon and Joe Mullin, Electronic Frontier Foundation, October 29, 2020 * Article: With the Hunter Biden Expose, Suppression is a Bigger Scandal Than The Actual Story, by Matt Taibbi, TK News, October 24, 2020 * Article: Read the FBI's letter to Sen. Ron Johnson The Washington Post, October 20, 2020 * Article: DNI Ratcliffe: Russia disinformation not behind published emails targeting Biden; FBI reviewing, by Kevin Johnson, USA Today, October 19, 2020 * Article: Twitter changes its hacked materials policy in wake of New York Post controversy By Natasha Lomas, Tech Crunch, October 16, 2020 * Article: Smoking-gun email reveals how Hunter Biden introduced Ukrainian businessman to VP dad By Emma-Jo Morris and Gabrielle Fonrouge, New York Post, October 14, 2020 * Article: The Decline of Organic Facebook Reach & How to Adjust to the Algorithm By Sophia Bernazzani, HubSpot, May 3, 2020 * Article: Facebook launches searchable transparency library of all active ads By Josh Constine, TechCrunch, March 28, 2019 * Article: MAERES Alumna Nina Jankowicz Awarded Fulbright-Clinton Fellowship to Ukraine SFS, Center for Eurasian, Russian and East European Studies, June 21, 2016 * Article: Organic Reach on Facebook: Your Questions Answered By Brian Boland, Facebook for Business, June 5, 2014 * Article: NSA slides explain the PRISM data-collection program The Washington Post, October 4, 2013 Additional Resources * General Guidelines and policies: Distribution of hacked materials policy, Twitter, October 2020 * Business Help Center: Fact-Checking on Facebook Facebook Business * Business Help Center: Rating Options for Fact-Checkers Facebook Business * Commit to transparency — sign up for the International Fact-Checking Network's code of principles, IFCN Code of Principles * Section 230 of the Communications Decency Act, Electronic Frontier Foundation * Mission Statement: OUR MISSION Open Markets * About News Media Alliance * Leadership News Corp * Clint Watts Foreign Policy Research Institute * About FPRI Foreign Policy Research Institute * Nina Jankowicz Wicszipedia Sound Clip Sources Hearing: Breaking the News: Censorship, Suppression and the 2020 Election, Senate Judiciary Committee, November 17, 2020 Witnesses: * Jack Dorsey, Twitter, Inc. * Mark Zuckerberg, Facebook, Inc. Transcript: [30:50] Jack Dorsey: We were called here today because of an enforcement decision we made against New York Post, based on a policy we created in 2018. To prevent Twitter from being used to spread hacked materials. This resulted in us blocking people from sharing a New York Post article, publicly or privately. We made a quick interpretation, using no other evidence that the materials in the article were obtained through hacking, and according to our policy, we blocked them from being spread. Upon further consideration, we admitted this action was wrong and corrected it within 24 hours. We informed the New York Post of our air and policy update and how to unlock their account by deleting the original violating tweet, which freed them to tweet the exact same content and news article again. They chose not to, instead insisting we reverse our enforcement action. We do not have a practice around retro actively overturning prior enforcement's, since then it demonstrated that we needed one and so we created one we believe is fair and appropriate. [35:13] Mark Zuckerberg: At Facebook, we took our responsibility to protect the integrity of this election very seriously. In 2016, we began to face new kinds of threats and after years of preparation, we were ready to defend against them. We built sophisticated systems to protect against election interference, that combined artificial intelligence, significant human review, and partnerships with the intelligence community, law enforcement and other tech platforms. We've taken down more than 100 networks of bad actors, we're trying to coordinate and interfere globally, we established a network of independent fact checkers that covers more than 60 languages. We made political advertising more transparent on Facebook than anywhere else, and including TV, radio and email. And we introduced new policies to combat voter suppression and misinformation. Still, the pandemic created new challenges, how to handle misinformation about COVID and voting by mail, how to prepare people for the reality, the results would take time, and how to handle if someone prematurely declared victory or refused to accept the result. So in September, we updated our policies again to reflect these realities of voting in 2020. And make sure that we were taking precautions given these unique circumstances. We worked with local election officials to remove false claims about polling conditions that might lead to voter suppression. We partnered with Reuters and the national election pool to provide reliable information about results. We attach voting information to posts by candidates on both sides and additional contexts to posts trying to de legitimize the outcome. We lock down new political ads and the week before the election to prevent misleading claims from spreading when they couldn't be rebutted. We strengthened our enforcement against militias and conspiracy networks like QAnon to prevent them from using our platforms to organize violence or civil unrest altogether. I believe this was the largest election integrity effort by any private company in recent times. [40:50] Jack Dorsey: We have transparency around our policies, we do not have transparency around how we operate content moderation, the rationale behind it, the reasoning. And as we look forward, we have more and more of our decisions of our operations moving to algorithms, which are, have a difficult time explaining why they make decisions, bringing transparency around those decisions. And that is why we believe that we should have more choice in how these algorit…
1 hr 25 min
Scott Horton Show - Just the Interviews
Scott Horton Show - Just the Interviews
Scott Horton
11/18/20 Dan Caldwell: Trump Should Get Out of Afghanistan Before Inauguration Day
Scott interviews Dan Caldwell of Concerned Veterans for America about President Trump’s plans to withdraw troops from the Middle East in what are looking to be his final weeks as president. The appointment of Colonel Douglas Macgregor to a senior role in the Pentagon gave hope to many in the antiwar movement, speculating that Trump might be trying to end the wars in Iraq and Afghanistan for good before he left office. Now that future is less clear; although he plans to order a few thousand troops to come home from Aghanistan, and a smaller amount from Iraq, Caldwell says that Trump has not orchestrated a full end to these wars. Even worse, he has little confidence that Joe Biden will abide by these withdrawals as president, especially considering how hawkish his foreign policy team is shaping up to be. Discussed on the show: “Trump Should Get Out of Afghanistan Before Inauguration Day” (The American Conservative) “Trump Wants to Withdraw Troops From Afghanistan. The Antiwar Movement Is Cheering Him On.” (Mother Jones) “11/18/20 Kevin Gosztola on the Profiteers and War Hawks of the Biden Transition Team” (The Libertarian Institute) Dan Caldwell is the Executive Director of Concerned Veterans for America. Find him on Twitter @dandcaldwell. This episode of the Scott Horton Show is sponsored by: The War State, by Mike Swanson; Tom Woods’ Liberty Classroom; ExpandDesigns.com/Scott; Photo IQ; Green Mill Supercritical; and Listen and Think Audio. Donate to the show through Patreon, PayPal, or Bitcoin: 1Ct2FmcGrAGX56RnDtN9HncYghXfvF2GAh.
30 min
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