Topley’s Top 10 – June 16, 2023

1. Tech ETF XLK New All-Time Highs

2. FAANG ETF One More Up Day Away From New Highs

3. Technology Stocks vs. Defensive Sectors 2023

This chart shows tech stocks versus healthcare stocks (VHT) breaks out above 2021 highs

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Technology stocks verse consumer staples (XLP) about to break above 2021 highs

4. Mega Cap Tech P/E and P/S Ratios

5. What Happens After a Stock Hits 10 Largest List?

6. 10-Year Treasury 4.25% was 2022 High

Watch for direction of 10 year

7. IPO Stocks vs. S&P

8. Houses are not Getting any Cheaper

Alcynna Lloyd  Business Insider

9. Big Brother is Watching

The US Is Openly Stockpiling Dirt on All Its Citizens DELL CAMERON

A newly declassified report from the Office of the Director of National Intelligence reveals that the federal government is buying troves of data about Americans.

THE UNITED STATES government has been secretly amassing a “large amount” of “sensitive and intimate information” on its own citizens, a group of senior advisers informed Avril Haines, the director of national intelligence, more than a year ago. 

The size and scope of the government effort to accumulate data revealing the minute details of Americans’ lives are described soberly and at length by the director’s own panel of experts in a newly declassified report. Haines had first tasked her advisers in late 2021 with untangling a web of secretive business arrangements between commercial data brokers and US intelligence community members. 

What that report ended up saying constitutes a nightmare scenario for privacy defenders. 

“This report reveals what we feared most,” says Sean Vitka, a policy attorney at the nonprofit Demand Progress. “Intelligence agencies are flouting the law and buying information about Americans that Congress and the Supreme Court have made clear the government should not have.” 

In the shadow of years of inaction by the US Congress on comprehensive privacy reform, a surveillance state has been quietly growing in the legal system’s cracks. Little deference is paid by prosecutors to the purpose or intent behind limits traditionally imposed on domestic surveillance activities. More craven interpretations of aging laws are widely used to ignore them. As the framework guarding what privacy Americans do have grows increasingly frail, opportunities abound to split hairs in court over whether such rights are even enjoyed by our digital counterparts.

“I’ve been warning for years that if using a credit card to buy an American’s personal information voids their Fourth Amendment rights, then traditional checks and balances for government surveillance will crumble,” Ron Wyden, a US senator from Oregon, says.

10. How to Learn