The stock market's volatility indicator is signaling a trough in the S&P 500

Tech Insider
Traders look at computer screens as they work on the floor of the New York Stock Exchange.
Traders work on the floor of the New York Stock Exchange.

Michael M. Santiago/Getty Images

  • The stock market's volatility gauge is signaling a trough in the S&P 500.
  • Futures for the CBOE Volatility Index indicated more uncertainty about the near term than longer term.
  • Such backwardation is typically associated with low points in the stock market.

The CBOE Volatility Index is one of the market's

Webb Telescope Reveals a High-Speed Jet on Jupiter

Gizmodo

In July 2022, the Webb Space Telescope detected an intense jet shooting across the equator of Jupiter, the largest planet in our solar system. The jet is traveling at about 320 miles per hour (515 kilometers per hour) and is about 25 miles (40 km) in altitude, corresponding to Jupiter’s lower stratosphere.

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'The Big Short' investor Steve Eisman says he's buying stocks rooted in the 'old economy,' and that there's no new housing crisis in sight

Tech Insider
Steve Eisman Big Short

Paramount Pictures

  • Steve Eisman of "The Big Short" fame told the Wall Street Journal his current investing outlook. 
  • He calls his thesis "revenge of the old school," noting he likes "old economy" stocks. 
  • Eisman, who was played by Steve Carell in the movie, also said there is no new housing crisis.

Bond yields are hovering near 5%, stocks are under pressure, and the housing market has frozen over

How to see the Orionid meteor shower: the best place and time to catch the perfect view

Tech Insider
Three people watching a fireball in the night ske.
The Orionid meteor shower is known to produce fireballs occasionally.

draganab/Getty Images

  • The Orionid meteor shower will peak early Saturday morning, raining down 10-20 meteors per hour.
  • The moon sets before midnight on Friday, leaving a dark sky perfect for spotting shooting stars.
  • If you want to see the view, find some dark skies and simply look up as meteors fly across the sky.

If you stay up

7 of the Republicans who voted to oust McCarthy are offering themselves up as human sacrifices to make Jim Jordan the next speaker

Tech Insider
Reps. Eli Crane, Tim Burchett, Matt Gaetz, and Bob Good — four of the eight Republicans who voted to oust McCarthy from the speakership — outside the Capitol on Friday.
Reps. Eli Crane, Tim Burchett, Matt Gaetz, and Bob Good — four of the eight Republicans who voted to oust McCarthy from the speakership — outside the Capitol on Friday.

Anna Moneymaker/Getty Images

  • Jim Jordan's allies are getting increasingly desperate to rescue his speakership bid.
  • 7 of the Republicans who voted to oust McCarthy are essentially offering themselves up as sacrifices.
  • They're willing
Politics

I'm a flight instructor who converted an old cargo plane into an Airbnb and home for my students. See how I did it.

Tech Insider
Jon Kotwicki turned an airplane into a house which he now rents out on airbnb and uses for his flight students. .
Jon Kotwicki turned an airplane into a house which he now rents out on airbnb and uses for his flight students.

Jon Kotwicki

  • Jon Kotwicki, a flight instructor bought an airplane and turned it into a house for his students.
  • After buying the airplane he had to decide how he would get the 117-foot-wide aircraft home.
  • The furnished airplane sleeps six people and Jon is now putting a hot tub on the