The FATMAAN names were lagging early but are now leading as the momentum in small-caps is starting to lag. Individual trades are shaking the trees looking for new picks and once there is some momentum then other traders jump in and help to drive them. There is some rotation taking place and it has been tough for the folks that play high beta technology names but the pockets of action in various groups like SPACs, cannabis, etc., have been very good for fast-moving, aggressive traders.
- NBC News
First Read is your briefing from "Meet the Press" and the NBC Political Unit on the day's most important political stories and why they matter.
- The Week
In an interview with MSNBC's Rachel Maddow on Monday afternoon, Senate Majority Leader Chuck Schumer (D-N.Y.) said his caucus won't allow Minority Leader Mitch McConnell (R-Ky.) to dictate the agenda in the Democratic-led 50-50 Senate or demand an end to the legislative filibuster as a precondition for a power-sharing pact. "We've told McConnell no on the organizing resolution, and that's that. So there's no negotiations on that," Schumer said, suggesting he had a secret plan. "There are ways to deal with him."Maddow included an update when she broadcast the interview Monday night. "While we were airing that right now, and you were watching it, Republican Minority Leader Mitch McConnell just put out a statement that he is folding on this" and willl "agree to go forward with what Sen. Schumer told him he must," she said. "Sen. Mitch McConnell has caved and Sen. Schumer has won that fight. That was quick. Let's see what else we can do."> No sooner has the portion of Rachel Maddow's interview with Senator Majority Leader Chuck Schumer aired than Mitch McConnell has put out a statement that he is folding, ending the stand-off. pic.twitter.com/9qR1jpKXkf> > -- Maddow Blog (@MaddowBlog) January 26, 2021McConnell said he would allow the Senate to move forward because two Democrats had reiterated their opposition to ending the filibuster, effectively taking that option off the table. Maddow asked Schumer about that, too, and he didn't answer directly."The caucus is united with the belief that I have: We must get big, strong, bold things done," Schumer said. The Democratic caucus is also "totally united" that "we will not let Mitch McConnell dictate to us what we will do and not do," and "we have tools that we can use," notably the budget reconciliation process," he added. "We will come together as a caucus and figure it out."> "We will not let Mitch McConnell dictate to us what we will do and not do." Here's Senate Majority Leader Chuck Schumer earlier in his interview with Rachel Maddow, talking about the filibuster specifically, and getting things done. pic.twitter.com/xOAKWfe2Fu> > -- Maddow Blog (@MaddowBlog) January 26, 2021Schumer also suggested he is not interested in playing cat-and-mouse with McConnell's Republicans again. Watch below. > "We will not repeat that mistake." Senate Majority Leader Schumer cites Obama era lessons in prioritizing legislation over bad faith Republican 'bipartisanship.' pic.twitter.com/gpc1kBP45w> > -- Maddow Blog (@MaddowBlog) January 26, 2021More stories from theweek.com Democrats are getting Chuck Grassleyed Chuck Schumer tried to unseat Susan Collins, and now it's personal Biden did not, in fact, remove Trump's 'Diet Coke button' from the Resolute Desk, White House clarifies
- Associated Press
A federal judge on Sunday blocked the release of a Tennessee man who authorities say carried flexible plastic handcuffs during the riot at the U.S. Capitol earlier this month. U.S. District Judge Beryl A. Howell for the District of Columbia set aside an order by a judge in Tennessee concerning the release of Eric Munchel of Nashville. After testimony at a detention hearing, U.S. Magistrate Judge Jeffrey Frensley for the Middle District of Tennessee determined Friday that Munchel wasn’t a flight risk and didn’t pose harm to the public.
- The Telegraph
The acrimonious split within Republican ranks widened over the weekend as Donald Trump made his foray back into politics, backing the re-election of a hard-line supporter as chair of the party in Arizona. His wholehearted support for Kelli Ward was seen by allies as the former president firing a warning shot across the bows of any Republican senators considering backing his impeachment. Underlining Mr Trump’s grip on the Republican grassroots, the Arizona party also voted to censure John McCain’s widow, Cindy, former senator Jeff Flake and governor Doug Ducey, who refused to back the former president’s claims of election fraud. Mr Trump’s intervention came amid reports that he is considering setting up a “Patriot Party” which would spearhead primary challenges to his opponents in the 2022 mid-term elections. The former president has already amassed a massive war chest with his Save America political action committee declaring last month that it had raked in $207.5 million in donations.
Pirates who seized 15 sailors when they stormed a Turkish-crewed container ship in the Gulf of Guinea two days ago have not yet made contact with authorities, Turkey's foreign minister said on Monday. "We have not yet received word from the pirates," foreign minister Mevlut Cavusoglu told reporters in Ankara. Turkey was in contact with officials in Gabon, where he said the Liberian-flagged container ship Mozart had docked with its remaining crew, and with authorities in neighbouring countries.
- The Guardian
Trump ally, who claims lawsuit against him is ‘act of intimidation to censor the exercise of free speech’, threatened New York Post Giuliani in Washington in November. On Monday, Dominion sued Giuliani in federal court in Washington, over his claims about supposed electoral fraud. Photograph: Jacquelyn Martin/AP On Monday, Rudy Giuliani called a $1.3bn lawsuit brought against him by Dominion Voting Systems “another act of intimidation by the hate-filled left wing to wipe out and censor the exercise of free speech”. But Giuliani has himself previously threatened to censor the exercise of free speech with legal action. The former New York mayor turned Trump attorney was invoking current rightwing complaints against so-called “cancel culture”, in which freedom of speech is supposedly curtailed. But in June 2001, the New York Post ran a story about an extra-marital affair. Giuliani told reporters: “I will consider suing them for libel – defamation. What the New York Post did is scurrilous, I believe it’s malicious and I’m prepared to prove that in court if I have to.” First amendment protection of freedom of the press makes it difficult for US public officials to mount libel lawsuits, even if reports are proved to be wrong. Giuliani did not take the Post to court. On Monday, Dominion sued Giuliani in federal court in Washington, over his claims about supposed electoral fraud, made as part of Donald Trump’s baseless attempts to overturn defeat by Joe Biden, efforts which culminated in the deadly attack on the US Capitol on 6 January. “Dominion brings this action to set the record straight,” the complaint said, “to vindicate the company’s rights under civil law, to recover compensatory and punitive damages, and to stand up for itself, its employees, and the electoral process.” Dominion’s lawyer, Thomas Clare, told the New York Times the company could sue others, including Trump. “We’re not ruling anybody out,” he said. “Obviously, this lawsuit against the president’s lawyer moves one step closer to the former president and understanding what his role was and wasn’t.” Some experts said Dominion might itself count as a public figure, and thus have a hard time winning its case. Giuliani said he might counter-sue Dominion. “The amount being asked for is, quite obviously, intended to frighten people of faint heart. It is another act of intimidation by the hate-filled left wing to wipe out and censor the exercise of free speech, as well as the ability of lawyers to defend their clients vigorously. As such, we will investigate a countersuit against them for violating these constitutional rights,” he said. It remains to be seen if Giuliani will follow through. Nearly 20 years ago, he did not. Giuliani threatened to sue the Post over its story about how, as the New York Daily News described it, the mayor and his “girlfriend Judith Nathan [were] using the posh St Regis Hotel as a ‘secret love nest’”. Negotiations between Giuliani and the Post followed but nearly six weeks later, on 18 July, the Daily News reported that Giuliani had not made good on his threat. “When I’m ready to decide, you’ll be the first to know,” he said. “But I don’t get rushed into anything.”
- NBC News
Tommy Frederick Allan said he took the documents because he is a taxpayer, according to an arrest warrant.
- The Week
Biden did not, in fact, remove Trump's 'Diet Coke button' from the Resolute Desk, White House clarifies
The new Biden administration has yet not disclosed the secrets of Area 51 or explained what the Air Force really knows about UFOs, but it did clarify, at least, the mystery of the vanished "Diet Coke button" former President Donald Trump would use to summon refreshments in the Oval Office. The usher button, as it is formally known, is not gone, even if it is no longer used to summon Diet Cokes, a White House official tells Politico.The White House official "unfortunately wouldn't say what Biden will use the button for," Politico's Daniel Lippman writes, suggesting Biden might summon Orange Gatorade and not the obvious answer, ice cream — or, let's get real, coffee. What's more, there are evidently two usher buttons in the Oval Office, one at the Resolute Desk and the other next to the chair by the fireplace, a former White House official told Politico, adding that Trump didn't actually use the Diet Coke button all that much because "he would usually just verbally ask the valets, who were around all day, for what he needed."In any case, it is not the placement of the button that matters, of course, but how you use it. And Biden will presumably know better than to order ice cream treats during a top-secret national security briefing.More stories from theweek.com Democrats are getting Chuck Grassleyed Chuck Schumer tried to unseat Susan Collins, and now it's personal Josh Hawley knows exactly what he's doing
Venezuela's Juan Guaido is a "privileged interlocutor" but no longer considered interim president, European Union states said in a statement on Monday, sticking by their decision to downgrade his status. The EU's 27 states had said on Jan. 6 they could no longer legally recognise Guaido as after he lost his position as head of parliament following legislative elections in Venezuela in December, despite the EU not recognising that vote. Following the disputed re-election of President Nicolas Maduro in 2018, Guaido, as head of parliament, became interim president.
- Associated Press
A group of U.N experts has criticized Sri Lanka's requirement that those who die of COVID-19 be cremated, even it goes against a family's religious beliefs, and warned that decisions based on “discrimination and aggressive nationalism” could incite hatred and violence. The experts, who are part of the Special Procedures of the U.N Human Rights Council, said in a statement Monday that rule amounts to a human rights violation. “We deplore the implementation of such public health decisions based on discrimination, aggressive nationalism and ethnocentrism amounting to persecution of Muslims and other minorities in the country,” the experts said.
- NBC News
He said he spotted a carseat on the curb while delivering package, but at first did not realize there was a baby in it.
- The Independent
Giuliani slams ‘hate-filled left-wing’ as he responds to $1.3bn defamation lawsuit by Dominion Voting Systems
Donald Trump’s personal lawyer claims legal action is intended to ‘frighten people of faint heart’
A U.S. aircraft carrier group led by the USS Theodore Roosevelt entered the South China Sea over the weekend to promote "freedom of the seas" at a time of U.S. concern about China-Taiwan tensions and Beijing asserting its maritime agenda. The patrol comes just days after Joe Biden was sworn in as U.S. president and follows a year of repeated demonstrations of military power by both Beijing and Washington. China has complained about U.S. vessels in the South China Sea close to islands it controls, claims, or constructed and turned into military installations.
- Yahoo News Video
A former pathologist at an Arkansas veterans’ hospital has been sentenced to 20 years in federal prison after pleading guilty last year to involuntary manslaughter in the death of a patient that he misdiagnosed.
- Associated Press
Israeli authorities on Monday extradited a former teacher accused of sexually abusing her former students in Australia, capping a six-year legal battle that had strained relations between the two governments and antagonized Australia's Jewish community. Malka Leifer, who is wanted on 74 charges of child sex abuse in Australia, was placed on a flight early in the day, several hours before Israel was to close its international airport to nearly all air traffic due to a raging coronavirus outbreak. Israeli media photographed Leifer boarding a plane at Ben Gurion Airport, her ankles and wrists shackled.
- Los Angeles Times Opinion
Gov. Newsom needs to do a better job communicating California's statewide COVID restrictions with the public, and with other state officials.
Donald Trump opened an office in Florida on Monday that will handle his duties as a former U.S. president and seek to further his administration's agenda. "The Office will be responsible for managing President Trump's correspondence, public statements, appearances, and official activities to advance the interests of the United States and to carry on the agenda of the Trump Administration through advocacy, organizing, and public activism," a statement said. The announcement came on the same day the House of Representatives delivered to the Senate an impeachment article charging Trump with inciting insurrection in a speech to supporters before the deadly attack on the Capitol on Jan. 6.
- Associated Press
Indonesian authorities have detained the Iranian and Chinese crewmembers of two tankers that were seized for illegally transferring oil in Indonesian waters, an official said Tuesday. “MT Freya did the oil spilling,” Pramandita said.
- The Independent
‘I put my emotions behind me to do what I thought was right,’ Jackson Reffitt says
- The Telegraph
Indian and Chinese soldiers armed with sticks and stones have brawled again along their disputed frontier, Delhi said, as the neighbours' months-long border stand-off continued. Indian security officials said there were clashes after at least 18 Chinese soldiers tried to cross into Indian-claimed territory at Naku La in Sikkim on January 20. Soldiers on both sides were carrying firearms, but did not use them. A senior Indian Army official told the Telegraph that four Indian soldiers were wounded after they challenged the Chinese PLA soldiers. All four Indian wounded had been hospitalised, and their condition was described as stable. The officer said the number of injured Chinese was “in double figures”. An official army statement gave few details, describing the clash as a minor stand-off and saying it had been "resolved by local commanders as per established protocols". The military asked journalists "to refrain from overplaying or exaggerating" the incident. Zhao Lijian, Chinese foreign ministry spokesman, urged India "not to take any unilateral action that may further complicate or exacerbate the border tension." Yet an opinion piece in China's Global Times, a hawkish state-owned tabloid, said the reports were false and blamed Indian rumour-mongering. Tensions have been high since May when deadly clashes erupted high in the Karakoram mountains along the poorly defined frontier between the rivals. Both sides have mobilized tens of thousands of soldiers, artillery and fighter aircraft along the fiercely contested border known as the Line of Actual Control, or LAC, that separates Chinese and Indian-held territories from Ladakh in the west to India's eastern state of Arunachal Pradesh, which China claims in its entirety. May's brawl exploded into hand-to-hand combat with clubs, stones and fists on June 15 that left 20 Indian soldiers dead. China is believed to also have had casualties, but has not given any details. Indian and Chinese army commanders met for the ninth round of talks after a gap of two-and-a-half months in Ladakh on Sunday but neither side released any details of the outcome.