Current Affairs

Trump rips Bush for backing Cheney as Republican factions butt heads

Former President Trump is criticizing former President George W. Bush for backing Rep. Liz Cheney’s (R-Wyo.) effort to keep her seat in what will likely be a hotly contested GOP primary.

In a statement released late Wednesday through his Save America PAC, Trump slammed Bush and his longtime political adviser Karl Rove for endorsing “warmongering and very low polling, Liz Cheney.”

“Bush is the one who got us into the quicksand of the Middle East and, after spending trillions of dollars and killing nearly a million people, the Middle East was left in worse shape after 21 years than it was when he started his stupidity,” Trump said.

He added that the conflict “ended with Biden’s most embarrassing in history withdrawal from Afghanistan.”…read more.

Oil Could Be Primed For Up To 50% Rally, Strategist Says

The price of WTI crude oil could be headed for a jump of between 20 percent and 50 percent, judging from a bullish breakout pattern that suggests a major rally could be coming for an asset, and that has occurred just three times for crude this century, an equity strategist told CNBC this week.

“Crude oil has seen what’s called a golden cross on its weekly chart,” Matt Maley, Equity Strategist at Miller Tabak, told CNBC’s “Trading Nation” program.

The so-called golden cross appears on a chart when the short-term moving average of an asset crosses above its long-term moving average. The gold cross chart pattern points to a potential for a major rally…read more.

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Entire Show – July 17th

Mike asks a straightforward but pivotal question in advance of the federal election campaign. The trillion dollar man weighs in on the inflation debate. Big Picture Trading’s Patrick Ceresna on the one thing all investors should do Now. A shocking stat on innovation – or lack of it plus a goofy you shouldn’t miss.