As a trained market technician (however not certified), the discussion of oil prices related to the recent Iran/US tit-a-tat is a source of great amusement. For example the WSJ Editorial Board pontificated that the “first Gulf War caused oil prices to nearly double in a few months.” Curious. Adherents to Ralph Nelson Elliott’s theory of markets had predicted that move, Gulf War or no. Elliott Wave International has extensively documented the utter disconnect between news and stock prices.
My entertainment was amplified as I looked at the aftermarket action of USO, the oil ETF. It seems that the WSJ Op-Ed was written in the early evening as the attack was underway. During those hours, USO did rise slightly less than 5% from the daily market close. But by the moment of this writing, it is down 1.4% from the closing price. It seems that something doesn’t add up.
I’ve been a victim of this phenomenon. A couple of years ago I took an “earnings trade” in Netflix. I thought I had properly divined the market. After the daily market closed, NFLX announced its earning. The good news was amazing. Not only did they earn more than the market analysts predicted, they earned more than their own bean counters predicted. Happy days are here again! But NFLX share price took a bath, and I got clobbered. On good news!
EWI’s magnificent film, History’s Hidden Engine, clearly demonstrates that a number of market elements closely track large social mood. And because of this, EWI’s companion institution, The Socionomist, notes that the 3-year stock market trend before the election is a very good predictor of the President’s re-election chances. It also predicts the chances of his removal via impeachment.
We can be even more critical of market pundits. On a daily basis we hear that “because of X, Y happened.” But those pundits refuse to participate in a challenge where they make predictions. It would actually be quite simple.
There are a lot of scheduled economic announcements. We can look at the Federal Reserve Open Market Committee’s regular statement that they will either raise, lower, or leave interest rates the same. The Labor Department’s “Non-Farm Payroll” announcement is also on the calendar.
Pundits would make a set of predictions and hand them to a neutral third party. What happens if the FOMC does any of the three possibilities. Ditto for Non-Farm Payroll. Predict the number of jobs. Then assess the market response if they get it right, there are more jobs, or fewer jobs than the prediction. After the data is released to the public, open the predictions. Post them on a public site. Keep going for a number of months.
Once this data is in hand, we will know what credence to give the TV swamis. After all, their record will be clear, and they can’t go backwards to “correct the record.” My guess is that they will all be shown to have less accuracy than darts thrown at the ticker tape. Like last night.
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Most “Conservative” News Outlets Are on the Big Tech Teat
Not long ago, conservative media was not beholden to anyone. Today, most sites are stuck on the Big Tech gravy train.
I’ll keep this short. The rise of Pandemic Panic Theater, massive voter fraud, and other “taboo” topics have neutered a majority of conservative news sites. You’ll notice they are very careful about what topics they tackle. Sure, they’ll attack Critical Race Theory, Antifa, and the Biden-Harris regime, but you won’t see them going after George Soros, Bill Gates, the World Economic Forum, or the Deep State, among others.
The reason is simple. They are beholden to Big Tech, and Big Tech doesn’t allow certain topics to be discussed or they’ll cut you off. Far too many conservative news outlets rely on Google, Facebook, and Twitter for the bulk of their traffic. They depend on big checks from Google ads to keep the sites running. I don’t necessarily hold it against them. We all do what we need to do to survive. I just wish more would do like we have, which is to cut out Big Tech altogether.
We don’t get Google checks. We don’t have Facebook or Twitter buttons on our stories. We don’t have a YouTube Channel (banned), an Instagram profile (never made one), or a TikTok (no thanks, CCP). We’re not perfect, but we’re doing everything we can to not owe anything to anyone… other than our readers. We owe YOU the truth. We owe YOU the facts that others won’t reveal about topics that others won’t tackle. And we owe America, this great land that allows us to take hold of these opportunities.
Like I said, I don’t hold other conservative sites under too much scrutiny over their choices. It’s easy for people to point fingers when we’re not the ones paying their bills or supporting their families. I just wish there were more who would make the bold move. Today, only a handful of other major conservative news outlets have broken free from the Big Tech teat. Of course, we need help.
The best way you can help us grow and continue to bring proper news and opinions to the people is by donating. We appreciate everything, whether a dollar or $10,000. Anything brings us closer to a point of stability when we can hire writers, editors, and support staff to make the America First message louder. Our Giving Fuel page makes it easy to donate one-time or monthly. Alternatively, you can donate through PayPal or Bitcoin as well. Bitcoin: 3A1ELVhGgrwrypwTJhPwnaTVGmuqyQrMB8
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- NOQ Report
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- American Conservative Movement
- Conservative Playbook
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We are also building partnerships with great conservative sites like The Liberty Daily and The Epoch Times to advance the message as loudly as possible, and we’re always looking for others with which to partner.
Some of our content is spread across multiple sites. Other pieces of content are unique. We write most of what we post but we also draw from those willing to allow us to share their quality articles, videos, and podcasts. We collect the best content from fellow conservative sites that give us permission to republish them. We’re not ego-driven; I’d much rather post a properly attributed story written by experts like Dr. Joseph Mercola or Natural News than rewrite it like so many outlets like to do. We’re not here to take credit. We’re here to spread the truth.
While donations are the best way to help, you can also support us by buying through our sponsors:
- MyPillow: Use promo code “NOQ” to get up to 66% off AND you’ll be helping a patriotic, America First company.
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- OurGoldGuy: Tell them JD sent you in your request to buy gold and it will help us… AND (wait for it) you’ll be helping a patriotic, America First company.
- MyPatriotSupply: Stock up on long-term food, survival gear, and other things that you’ll need just in case things don’t recover and we keep heading towards apocalypse.
We know we could make a lot more money if we sold out like so many “conservative” publications out there. You won’t find Google ads on our site for a reason. Yes, they’re lucrative, but I don’t like getting paid by minions of Satan (I don’t like Google very much if you couldn’t tell).
Time is short. As the world spirals towards The Great Reset, the need for truthful journalism has never been greater. But in these times, we need as many conservative media voices as possible. Please help keep NOQ Report and the other sites in the network going. Our promise is this: We will never sell out America. If that means we’re going to struggle for a while or even indefinitely, so be it. Integrity first. Truth first. America first.
Thank you and God Bless,
JD Rucker
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