Scientists claimed in the WSJ that Global Warming is the latest brand of Junk Science
Trofim Lysenko was father of USSR Junk Science
He claimed:
he could transform rye into wheat and wheat into barley
that song-birds gave birth to cuckoos,
that weeds are transmutations of food grains
Bacteria emerge from lifeless matter
New hybrid chickens emerged from one egg fertilized by several roosters
Cows can be provoked to produce fatter milk with a “chocolate diet” treatment
Through a series of intrigues and highly politicized public “discussions”, Trofim Lysenko managed to destroy practically all of the intelligent biologists in the USSR. More than 3000 biologists were fired, arrested, or executed. One, Nikolai Vavilov was disgracefully dismissed from the presidency of the Agriculture Academy in 1938 and died in prison in 1940. The genetic science in Russia was effectively destroyed until the death of Stalin in 1953 despite successive failures; Lysenko remained in the leadership of biology and briefly regained the position of the President of the Academy during Khrushchev.
Note that “Capitol Hill in Washington DC has fully recovered from the Obama Depression. That is right, Obama is stimulating “Big Government”
DC districts by name
http://www.zillow.com/local-info/DC-Washington-home-value/r_41568/#metric=mt%3D34%26dt%3D1%26tp%3D5%26rt%3D8%26r%3D41568%252C121685%252C275465%252C121788%26el%3D0
A tax on financial transactions will significantly drop stock market volatility and the drop the high end of the PE ratio of the market.
A tax on financial transactions will significantly drop stock market volatility and the drop the high end of the PE ratio of the market. It will end high speed trading and events such as flash crashes. But it has to be set lower than 0.1%. Even 0.01% would cause a significant sell off. The market is up 20% in just 4 months.
A Bloomberg poll foreign participants favored Romney’s private equity experience better equips him to manage the U.S. economy from the Oval Office. Forty-five percent say it would equip him better, while 41 percent say it makes no difference. U.S. respondents place greater weight on Romney’s investment background, with almost two-thirds of them considering it an asset and the rest seeing no difference.
Boone Pickens commented…We got some really stupid people in government. If we are going to be saps then we will lose the Canadian oil source that exceeds that of Saudi Arabia. Trucks are going to move to natural gas with or without Obama. Intelligent people do not try to avoid a Great Depression by first declaring one and then restricting energy supplies and trying to raise taxes. As Boon Pickens said today, We got some really stupid people in government.
World markets
French consumer spending fell 0.7 percent from November in December as surging joblessness and concern about looming tax increases prompted households to cut back spending.
France is in favor of a financial transaction tax. We think it will happen.
The Juan was poised for its worst monthly loss in 18 years earlier before rallying after Greek Prime Minister Lucas Papademos said progress had been made in talks with creditors.
The World Bank cut its forecast for global growth including China, by the most in three years.
We expect the markets will all form head-and-shoulder sell signals after breaking their 200 DMA. World trade “Bulk Shipments” have collapsed to the lowest world bulk trade level that existed since Obama declared the USA was in a depression in one of his 2007-2008 campaign speeches. Asian markets (especially China) are failing to break out some on the second and third times at resistance levels. China’s stocks could fall 50% from here if Obama’s announced “Great Depression” spreads there too.
http://finance.yahoo.com/q/ta?s=000001.SS&t=2y&l=on&z=l&q=l&p=e200%2Ce100&a=&c=
Germany broke through the resistance levels: Choose 2 or 5 years
http://finance.yahoo.com/echarts?s=%5EGDAXI+Interactive#chart2:symbol=^gdaxi;range=2y;indicator=ema(200,100)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on
The Swiss broke through the resistance levels. Choose 2 or 5 years http://finance.yahoo.com/echarts?s=%5ESSMI+Interactive#chart1:symbol=^ssmi;range=2y;indicator=ema(200,100)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined
Emerging markets show strength. Brazil broke through
http://finance.yahoo.com/echarts?s=^BVSP+Interactive#chart1:symbol=^bvsp;range=2y;indicator=ema(100,200)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined
American Economy
Personal Income Dec 0.5% up from 0.1% A 6% per year increase (big bonuses?)
Personal Spending Dec 0.0% down from 0.1% No increase last Xmas
AM PCE Prices - Core Dec 0.2% up from 0.1% 2.4% core inflation rate
Today
Jan 31 8:30 AM Employment Cost Index Q4
Jan 31 9:00 AM Case-Shiller 20-city Index Nov
Jan 31 9:45 AM Chicago PMI Jan
Jan 31 10:00 AM Consumer Confidence Jan
This Week
Feb 1 7:00 AM MBA Mortgage Index 01/28
Feb 1 8:15 AM ADP Employment Change Jan
Feb 1 10:00 AM ISM Index Jan
Feb 1 10:00 AM Construction Spending
Feb 1 10:30 AM Crude Inventories 01/28
Feb 1 2:00 PM Auto Sales Jan
Feb 1 2:00 PM Truck Sales Jan
Feb 2 7:30 AM Challenger Job Cuts Jan
Feb 2 8:30 AM Initial Claims 01/28
Feb 2 8:30 AM Continuing Claims 01/21
Feb 2 8:30 AM Productivity-Prel Q4
Feb 2 8:30 AM Unit Labor Costs Q4
Feb 3 8:30 AM Nonfarm Payrolls Jan
Feb 3 8:30 AM Nonfarm Private Payrolls Jan
Feb 3 8:30 AM Unemployment Rate Jan
Feb 3 8:30 AM Hourly Earnings Jan
Feb 3 8:30 AM Average Workweek Jan
Feb 3 10:00 AM Factory Orders Dec
Feb 3 10:00 AM ISM Services Jan
Market outlook January 31, 2012
Yesterday’s volume was extremely low.
Near the end of bull markets people move to the safety of the DOW stocks and away from small caps. That is what we have been seeing in January. The DOW is considered a safe haven so it has been passed last year’s high. The other markets still about 6% below their highs of last year.
The VIX indicates extreme complacency now. A sharp computer sell-off could end the current rally any time now and trigger stop-losses with huge losses.
http://finance.yahoo.com/q/bc?s=%5EVIX&t=2y&l=on&z=m&q=l&c=
Bulk shipments continue to fall and have already collapsed to the lowest world bulk trade level that existed since Obama declared the USA was in a depression in one of his 2007-2008 campaign speeches. It is now less than 7% of the international trade that existed just before Obama was elected.
http://www.bloomberg.com/apps/quote?ticker=BDIY:IND
Stock market update:
Asian Stock markets were up last night. China up 0.3%, Hong Kong up 1.1%, India up 1.9%, and Japan up 0.1%
European stocks rose after plunging yesterday. Yesterday Italy’s market closed down over 3%.
European markets are up today in a range 0.4% to 1.4% half way through their day.
American market futures are up about 0.4% in after hour trading at 8 AM EST.
We estimate the peak will be soon in a head-and-shoulders sell signal.
Tuesday, January 31, 2012
Monday, January 30, 2012
A tax on financial transactions will significantly drop stock market volatility and the drop the high end of the PE ratio of the market.
A tax on financial transactions will significantly drop stock market volatility and the drop the high end of the PE ratio of the market. It will end high speed trading and events such as flash crashes. But it has tarketo be set lower than 0.1%. Even 0.01% would cause a significant sell off. The market is up 20% in just 4 months.
Bloomberg poll foreign participants favored Romney’s private equity experience better equips him to manage the U.S. economy from the Oval Office. Forty-five percent say it would equip him better, while 41 percent say it makes no difference. U.S. respondents place greater weight on Romney’s investment background, with almost two-thirds of them considering it an asset and the rest seeing no difference.
“To be sure that is not because the White House meant for that to happen,” said Pavel Molchanov, an analyst at Raymond James & Associates Inc. Obama has done everything he could to cripple American energy in order to sell Solyndra solar panels and electric cars that cost more energy to build than they save. And what is worse, the batteries that go with the Obama green systems are more toxic than if the homeowners burned green wood to heat their homes. Many have $60,000 subsidized solar systems in northern America where they are covered with snow and don’t work.
World markets
The EU economy could decline 0.5% this year.
France is in favor of a financial transaction tax. We think it will happen.
We expect the markets will all form head-and-shoulder sell signals after breaking their 200 DMA. World trade “Bulk Shipments” have collapsed to the lowest world bulk trade level that existed since Obama declared the USA was in a depression in one of his 2007-2008 campaign speeches. Asian markets (especially China) are failing to break out some on the second and third times at resistance levels. China’s stocks could fall 50% from here if Obama’s announced “Great Depression” spreads there too.
http://finance.yahoo.com/q/ta?s=000001.SS&t=2y&l=on&z=l&q=l&p=e200%2Ce100&a=&c=
Germany broke through the resistance levels: Choose 2 or 5 years
http://finance.yahoo.com/echarts?s=%5EGDAXI+Interactive#chart2:symbol=^gdaxi;range=2y;indicator=ema(200,100)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on
The Swiss broke through the resistance levels. Choose 2 or 5 years http://finance.yahoo.com/echarts?s=%5ESSMI+Interactive#chart1:symbol=^ssmi;range=2y;indicator=ema(200,100)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined
Emerging markets show strength. Brazil broke through
http://finance.yahoo.com/echarts?s=^BVSP+Interactive#chart1:symbol=^bvsp;range=2y;indicator=ema(100,200)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined
American Economy
Last Week
MBA Mortgage Index 01/21 -5.0% down from 23.1% terrible
Pending Home Sales Dec -3.5% down from 7.3% end of season
FHFA Housing Price Index Nov +1.0% up from -0.2% good
Crude Inventories 01/21 +3.56M up from -3.438M good
FOMC Rate Decision Jan 0-0.25% down from 0.25% getting dangerously like Japan
Initial Claims 01/21 377K rose from 352K Bad
Continuing Claims 01/14 3554K rose from 3432K Bad
Durable Orders Dec 3.0% down from 3.7% Bad
Durable Orders -ex Auto Dec 2.1% rose from 0.3% not meaningful
New Home Sales Dec 307K down from 315K bad
Leading Indicators Dec 0.4% down from 0.5% bad
Chain Deflator-Adv.Q4 was 2.6% probably says the growth was entirely inflation
GDP-Adv.Q4 2.8%little improved from inflation
Chain Deflator-Adv.Q4 0.4% was 2.6%makes no sense
Michigan Sentiment – Final lJan 75.0 up from 74.0
Today
Jan 30 8:30 AM Personal Income Dec
Jan 30 8:30 AM Personal Spending
Jan 30 8:30 AM PCE Prices - Core
This Week
Jan 31 8:30 AM Employment Cost Index Q4
Jan 31 9:00 AM Case-Shiller 20-city Index Nov
Jan 31 9:45 AM Chicago PMI Jan
Jan 31 10:00 AM Consumer Confidence Jan
Feb 1 7:00 AM MBA Mortgage Index 01/28
Feb 1 8:15 AM ADP Employment Change Jan
Feb 1 10:00 AM ISM Index Jan
Feb 1 10:00 AM Construction Spending
Feb 1 10:30 AM Crude Inventories 01/28
Feb 1 2:00 PM Auto Sales Jan
Feb 1 2:00 PM Truck Sales Jan
Feb 2 7:30 AM Challenger Job Cuts Jan
Feb 2 8:30 AM Initial Claims 01/28
Feb 2 8:30 AM Continuing Claims 01/21
Feb 2 8:30 AM Productivity-Prel Q4
Feb 2 8:30 AM Unit Labor Costs Q4
Feb 3 8:30 AM Nonfarm Payrolls Jan
Feb 3 8:30 AM Nonfarm Private Payrolls Jan
Feb 3 8:30 AM Unemployment Rate Jan
Feb 3 8:30 AM Hourly Earnings Jan
Feb 3 8:30 AM Average Workweek Jan
Feb 3 10:00 AM Factory Orders Dec
Feb 3 10:00 AM ISM Services Jan
Market outlook January 30, 2012
Near the end of bull markets people move to the safety of the DOW stocks and away from small caps. That is what we have been seeing in January.
The DOW is considered a safe haven so it has been passed last year’s high. The other markets still about 6% below their highs of last year.
The VIX indicates extreme complacency now. A sharp computer sell-off could end the current rally any time now and trigger stop-losses with huge losses.
http://finance.yahoo.com/q/bc?s=%5EVIX&t=2y&l=on&z=m&q=l&c=
Bulk shipments continue to fall and have already collapsed to the lowest world bulk trade level that existed since Obama declared the USA was in a depression in one of his 2007-2008 campaign speeches. It is now less than 7% of the international trade that existed just before Obama was elected.
http://www.bloomberg.com/apps/quote?ticker=BDIY:IND
Stock market update:
Asian Stock markets were mostly closed for New Years again last night. China down –1.5%, Hong Kong down –1.7% 0.3%, India down –2.2%, and Japan down –0.5%
European markets are down today in a range -0.4% to –1.1% half way through their day with Italy an outlier at –2.3%.
American market futures are down about -0.6% in after hour trading at 7:30 AM EST.
We estimate the peak will be soon in a head-and-shoulders sell signal.
Bloomberg poll foreign participants favored Romney’s private equity experience better equips him to manage the U.S. economy from the Oval Office. Forty-five percent say it would equip him better, while 41 percent say it makes no difference. U.S. respondents place greater weight on Romney’s investment background, with almost two-thirds of them considering it an asset and the rest seeing no difference.
“To be sure that is not because the White House meant for that to happen,” said Pavel Molchanov, an analyst at Raymond James & Associates Inc. Obama has done everything he could to cripple American energy in order to sell Solyndra solar panels and electric cars that cost more energy to build than they save. And what is worse, the batteries that go with the Obama green systems are more toxic than if the homeowners burned green wood to heat their homes. Many have $60,000 subsidized solar systems in northern America where they are covered with snow and don’t work.
World markets
The EU economy could decline 0.5% this year.
France is in favor of a financial transaction tax. We think it will happen.
We expect the markets will all form head-and-shoulder sell signals after breaking their 200 DMA. World trade “Bulk Shipments” have collapsed to the lowest world bulk trade level that existed since Obama declared the USA was in a depression in one of his 2007-2008 campaign speeches. Asian markets (especially China) are failing to break out some on the second and third times at resistance levels. China’s stocks could fall 50% from here if Obama’s announced “Great Depression” spreads there too.
http://finance.yahoo.com/q/ta?s=000001.SS&t=2y&l=on&z=l&q=l&p=e200%2Ce100&a=&c=
Germany broke through the resistance levels: Choose 2 or 5 years
http://finance.yahoo.com/echarts?s=%5EGDAXI+Interactive#chart2:symbol=^gdaxi;range=2y;indicator=ema(200,100)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on
The Swiss broke through the resistance levels. Choose 2 or 5 years http://finance.yahoo.com/echarts?s=%5ESSMI+Interactive#chart1:symbol=^ssmi;range=2y;indicator=ema(200,100)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined
Emerging markets show strength. Brazil broke through
http://finance.yahoo.com/echarts?s=^BVSP+Interactive#chart1:symbol=^bvsp;range=2y;indicator=ema(100,200)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined
American Economy
Last Week
MBA Mortgage Index 01/21 -5.0% down from 23.1% terrible
Pending Home Sales Dec -3.5% down from 7.3% end of season
FHFA Housing Price Index Nov +1.0% up from -0.2% good
Crude Inventories 01/21 +3.56M up from -3.438M good
FOMC Rate Decision Jan 0-0.25% down from 0.25% getting dangerously like Japan
Initial Claims 01/21 377K rose from 352K Bad
Continuing Claims 01/14 3554K rose from 3432K Bad
Durable Orders Dec 3.0% down from 3.7% Bad
Durable Orders -ex Auto Dec 2.1% rose from 0.3% not meaningful
New Home Sales Dec 307K down from 315K bad
Leading Indicators Dec 0.4% down from 0.5% bad
Chain Deflator-Adv.Q4 was 2.6% probably says the growth was entirely inflation
GDP-Adv.Q4 2.8%little improved from inflation
Chain Deflator-Adv.Q4 0.4% was 2.6%makes no sense
Michigan Sentiment – Final lJan 75.0 up from 74.0
Today
Jan 30 8:30 AM Personal Income Dec
Jan 30 8:30 AM Personal Spending
Jan 30 8:30 AM PCE Prices - Core
This Week
Jan 31 8:30 AM Employment Cost Index Q4
Jan 31 9:00 AM Case-Shiller 20-city Index Nov
Jan 31 9:45 AM Chicago PMI Jan
Jan 31 10:00 AM Consumer Confidence Jan
Feb 1 7:00 AM MBA Mortgage Index 01/28
Feb 1 8:15 AM ADP Employment Change Jan
Feb 1 10:00 AM ISM Index Jan
Feb 1 10:00 AM Construction Spending
Feb 1 10:30 AM Crude Inventories 01/28
Feb 1 2:00 PM Auto Sales Jan
Feb 1 2:00 PM Truck Sales Jan
Feb 2 7:30 AM Challenger Job Cuts Jan
Feb 2 8:30 AM Initial Claims 01/28
Feb 2 8:30 AM Continuing Claims 01/21
Feb 2 8:30 AM Productivity-Prel Q4
Feb 2 8:30 AM Unit Labor Costs Q4
Feb 3 8:30 AM Nonfarm Payrolls Jan
Feb 3 8:30 AM Nonfarm Private Payrolls Jan
Feb 3 8:30 AM Unemployment Rate Jan
Feb 3 8:30 AM Hourly Earnings Jan
Feb 3 8:30 AM Average Workweek Jan
Feb 3 10:00 AM Factory Orders Dec
Feb 3 10:00 AM ISM Services Jan
Market outlook January 30, 2012
Near the end of bull markets people move to the safety of the DOW stocks and away from small caps. That is what we have been seeing in January.
The DOW is considered a safe haven so it has been passed last year’s high. The other markets still about 6% below their highs of last year.
The VIX indicates extreme complacency now. A sharp computer sell-off could end the current rally any time now and trigger stop-losses with huge losses.
http://finance.yahoo.com/q/bc?s=%5EVIX&t=2y&l=on&z=m&q=l&c=
Bulk shipments continue to fall and have already collapsed to the lowest world bulk trade level that existed since Obama declared the USA was in a depression in one of his 2007-2008 campaign speeches. It is now less than 7% of the international trade that existed just before Obama was elected.
http://www.bloomberg.com/apps/quote?ticker=BDIY:IND
Stock market update:
Asian Stock markets were mostly closed for New Years again last night. China down –1.5%, Hong Kong down –1.7% 0.3%, India down –2.2%, and Japan down –0.5%
European markets are down today in a range -0.4% to –1.1% half way through their day with Italy an outlier at –2.3%.
American market futures are down about -0.6% in after hour trading at 7:30 AM EST.
We estimate the peak will be soon in a head-and-shoulders sell signal.
Friday, January 27, 2012
We got some really stupid people in government. If we are going to be saps then we will lose the Canadian oil source that exceeds that of Saudi Arabi
Boone Pickens comments…We got some really stupid people in government. If we are going to be saps then we will lose the Canadian oil source that exceeds that of Saudi Arabia. Trucks are going to move to natural gas with or without Obama. Intelligent people do not try to avoid a Great Depression by first declaring one and then restricting energy supplies and trying to raise taxes. As Boon Pickens said today, We got some really stupid people in government.
Bloomberg poll foreign participants favored Romney’s private equity experience better equips him to manage the U.S. economy from the Oval Office. Forty-five percent say it would equip him better, while 41 percent say it makes no difference. U.S. respondents place greater weight on Romney’s investment background, with almost two-thirds of them considering it an asset and the rest seeing no difference.
“To be sure that is not because the White House meant for that to happen,” said Pavel Molchanov, an analyst at Raymond James & Associates Inc. Obama has done everything he could to cripple American energy in order to sell Solyndra solar panels and electric cars that cost more energy to build than they save. And what is worse, the batteries that go with the Obama green systems are more toxic than if the homeowners burned green wood to heat their homes. Many have $60,000 subsidized solar systems in northern America where they are covered with snow and don’t work.
Obama corruption lead has peaked and is starting to slip. The lobbying corruption gave Obama a $1billion target for campaign spending. It does not look like he will make it. Gingrich is proving to be the lobbying corruption candidate for the Republicans.
World markets
The IMF chopped its estimate for 2012 global growth and warned it could drop as low as 1.3 percent if Europe lets the crisis fester for much longer. IMF chief economist Olivier Blanchard said at a news conference. "There is an even greater danger, namely that the European crisis intensifies, and in this case the world could be plunged into another recession."
Japan reported to a trade deficit and a slowing economy.
Dry goods trade has plummeted indicating China and India are in for a slow down unless they can stimulate internal consumption.
The World Bank cut its forecast for global growth including China, by the most in three years.
We expect the markets will all form head-and-shoulder sell signals after breaking their 200 DMA. World trade “Bulk Shipments” have collapsed to the lowest world bulk trade level that existed since Obama declared the USA was in a depression in one of his 2007-2008 campaign speeches. Asian markets (especially China) are failing to break out some on the second and third times at resistance levels. China’s stocks could fall 50% from here if Obama’s announced “Great Depression” spreads there too.
http://finance.yahoo.com/q/ta?s=000001.SS&t=2y&l=on&z=l&q=l&p=e200%2Ce100&a=&c=
Germany broke through the resistance levels: Choose 2 or 5 years
http://finance.yahoo.com/echarts?s=%5EGDAXI+Interactive#chart2:symbol=^gdaxi;range=2y;indicator=ema(200,100)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on
The Swiss broke through the resistance levels. Choose 2 or 5 years http://finance.yahoo.com/echarts?s=%5ESSMI+Interactive#chart1:symbol=^ssmi;range=2y;indicator=ema(200,100)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined
Emerging markets show strength. Brazil broke through
http://finance.yahoo.com/echarts?s=^BVSP+Interactive#chart1:symbol=^bvsp;range=2y;indicator=ema(100,200)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined
American Economy
MBA Mortgage Index 01/21 -5.0% down from 23.1% terrible
Pending Home Sales Dec -3.5% down from 7.3% end of season
FHFA Housing Price Index Nov +1.0% up from -0.2% good
Crude Inventories 01/21 +3.56M up from -3.438M good
FOMC Rate Decision Jan 0-0.25% down from 0.25% getting dangerously like Japan
Yesterday
Initial Claims 01/21 377K rose from 352K Bad
Continuing Claims 01/14 3554K rose from 3432K Bad
Durable Orders Dec 3.0% down from 3.7% Bad
Durable Orders -ex Auto Dec 2.1% rose from 0.3% not meaningful
New Home Sales Dec 307K down from 315K bad
Leading Indicators Dec 0.4% down from 0.5% bad
Today
Jan 27 8:30 AM Chain Deflator-Adv. Q4 - from 2.6% -
Jan 27 8:30 AM GDP-Adv. Q4 - from 1.8% -
Jan 27 8:30 AM Chain Deflator-Adv. Q4 - from 2.6% -
Jan 27 9:55 AM Michigan Sentiment - Final Jan
Market outlook January 27, 2012
Near the end of bull markets people move to the safety of the DOW stocks and away from small caps. That is what we have been seeing in January.
Unemployment went down before and increased right after Obama’s speech. Bolsheviks always like to make statistics look better before a speech. If America continues with the Bolsheviks they may yet drive unemployment up and have starvation in America as they have had everywhere the Bolsheviks have governed especially the USSR, Eastern Europe, China, and the 3 million who recently starved in N Korea during the regime that just passed away.
Housing stock prices are set to plummet again has sales plummet again. Without quantitative easing a sudden drop in all stock prices becomes more probable. The DOW is considered a safe haven so it has passed last year’s high. The other markets are still about 6% below their highs of last year.
Former U.S. Treasury Secretary Larry Summers said, “Is escape velocity -- at a sufficient rate to get us back to full employment in a reasonable interval -- yet established, I think one would have to say the answer to that question is no.”
The VIX indicates extreme complacency now. A sharp computer sell-off could end the current rally any time now and trigger stop-losses with huge losses.
http://finance.yahoo.com/q/bc?s=%5EVIX&t=2y&l=on&z=m&q=l&c=
Bulk shipments continue to fall and have already collapsed to the lowest world bulk trade level that existed since Obama declared the USA was in a depression in one of his 2007-2008 campaign speeches. It is now less than 7% of the international trade that existed just before Obama was elected.
http://www.bloomberg.com/apps/quote?ticker=BDIY:IND
Stock market update:
Asian Stock markets were mostly closed for New Years again last night. China closed, Hong Kong up 0.3%, India closed, and Japan down –0.1%
European markets are down today in a range +0.2% to –0.6% half way through their day.
American market futures are up about 0.2% in after hour trading at 7:30 AM EST.
We estimate the peak will be soon in a head-and-shoulders sell signal.
Bloomberg poll foreign participants favored Romney’s private equity experience better equips him to manage the U.S. economy from the Oval Office. Forty-five percent say it would equip him better, while 41 percent say it makes no difference. U.S. respondents place greater weight on Romney’s investment background, with almost two-thirds of them considering it an asset and the rest seeing no difference.
“To be sure that is not because the White House meant for that to happen,” said Pavel Molchanov, an analyst at Raymond James & Associates Inc. Obama has done everything he could to cripple American energy in order to sell Solyndra solar panels and electric cars that cost more energy to build than they save. And what is worse, the batteries that go with the Obama green systems are more toxic than if the homeowners burned green wood to heat their homes. Many have $60,000 subsidized solar systems in northern America where they are covered with snow and don’t work.
Obama corruption lead has peaked and is starting to slip. The lobbying corruption gave Obama a $1billion target for campaign spending. It does not look like he will make it. Gingrich is proving to be the lobbying corruption candidate for the Republicans.
World markets
The IMF chopped its estimate for 2012 global growth and warned it could drop as low as 1.3 percent if Europe lets the crisis fester for much longer. IMF chief economist Olivier Blanchard said at a news conference. "There is an even greater danger, namely that the European crisis intensifies, and in this case the world could be plunged into another recession."
Japan reported to a trade deficit and a slowing economy.
Dry goods trade has plummeted indicating China and India are in for a slow down unless they can stimulate internal consumption.
The World Bank cut its forecast for global growth including China, by the most in three years.
We expect the markets will all form head-and-shoulder sell signals after breaking their 200 DMA. World trade “Bulk Shipments” have collapsed to the lowest world bulk trade level that existed since Obama declared the USA was in a depression in one of his 2007-2008 campaign speeches. Asian markets (especially China) are failing to break out some on the second and third times at resistance levels. China’s stocks could fall 50% from here if Obama’s announced “Great Depression” spreads there too.
http://finance.yahoo.com/q/ta?s=000001.SS&t=2y&l=on&z=l&q=l&p=e200%2Ce100&a=&c=
Germany broke through the resistance levels: Choose 2 or 5 years
http://finance.yahoo.com/echarts?s=%5EGDAXI+Interactive#chart2:symbol=^gdaxi;range=2y;indicator=ema(200,100)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on
The Swiss broke through the resistance levels. Choose 2 or 5 years http://finance.yahoo.com/echarts?s=%5ESSMI+Interactive#chart1:symbol=^ssmi;range=2y;indicator=ema(200,100)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined
Emerging markets show strength. Brazil broke through
http://finance.yahoo.com/echarts?s=^BVSP+Interactive#chart1:symbol=^bvsp;range=2y;indicator=ema(100,200)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined
American Economy
MBA Mortgage Index 01/21 -5.0% down from 23.1% terrible
Pending Home Sales Dec -3.5% down from 7.3% end of season
FHFA Housing Price Index Nov +1.0% up from -0.2% good
Crude Inventories 01/21 +3.56M up from -3.438M good
FOMC Rate Decision Jan 0-0.25% down from 0.25% getting dangerously like Japan
Yesterday
Initial Claims 01/21 377K rose from 352K Bad
Continuing Claims 01/14 3554K rose from 3432K Bad
Durable Orders Dec 3.0% down from 3.7% Bad
Durable Orders -ex Auto Dec 2.1% rose from 0.3% not meaningful
New Home Sales Dec 307K down from 315K bad
Leading Indicators Dec 0.4% down from 0.5% bad
Today
Jan 27 8:30 AM Chain Deflator-Adv. Q4 - from 2.6% -
Jan 27 8:30 AM GDP-Adv. Q4 - from 1.8% -
Jan 27 8:30 AM Chain Deflator-Adv. Q4 - from 2.6% -
Jan 27 9:55 AM Michigan Sentiment - Final Jan
Market outlook January 27, 2012
Near the end of bull markets people move to the safety of the DOW stocks and away from small caps. That is what we have been seeing in January.
Unemployment went down before and increased right after Obama’s speech. Bolsheviks always like to make statistics look better before a speech. If America continues with the Bolsheviks they may yet drive unemployment up and have starvation in America as they have had everywhere the Bolsheviks have governed especially the USSR, Eastern Europe, China, and the 3 million who recently starved in N Korea during the regime that just passed away.
Housing stock prices are set to plummet again has sales plummet again. Without quantitative easing a sudden drop in all stock prices becomes more probable. The DOW is considered a safe haven so it has passed last year’s high. The other markets are still about 6% below their highs of last year.
Former U.S. Treasury Secretary Larry Summers said, “Is escape velocity -- at a sufficient rate to get us back to full employment in a reasonable interval -- yet established, I think one would have to say the answer to that question is no.”
The VIX indicates extreme complacency now. A sharp computer sell-off could end the current rally any time now and trigger stop-losses with huge losses.
http://finance.yahoo.com/q/bc?s=%5EVIX&t=2y&l=on&z=m&q=l&c=
Bulk shipments continue to fall and have already collapsed to the lowest world bulk trade level that existed since Obama declared the USA was in a depression in one of his 2007-2008 campaign speeches. It is now less than 7% of the international trade that existed just before Obama was elected.
http://www.bloomberg.com/apps/quote?ticker=BDIY:IND
Stock market update:
Asian Stock markets were mostly closed for New Years again last night. China closed, Hong Kong up 0.3%, India closed, and Japan down –0.1%
European markets are down today in a range +0.2% to –0.6% half way through their day.
American market futures are up about 0.2% in after hour trading at 7:30 AM EST.
We estimate the peak will be soon in a head-and-shoulders sell signal.
Thursday, January 26, 2012
China’s stocks could fall 50% from here if Obama’s announced “Great Depression” spreads to China.
Obama boasted that since he took office U.S. dependence on foreign oil is below 50 percent for the first time in 13 years. “To be sure that is not because the White House meant for that to happen,” said Pavel Molchanov, an analyst at Raymond James & Associates Inc. Obama has done everything he could to cripple American energy in order to sell Solyndra solar panels and electric cars that cost more energy to build than they save. And what is worse, the batteries that go with the Obama green systems are more toxic than if the homeowners burned green wood to heat their homes. Many have $60,000 subsidized solar systems in northern America where they are covered with snow and don’t work.
Obama corruption lead has peaked and is starting to slip. The lobbying corruption gave Obama a $1billion target for campaign spending. It does not look like he will make it.
World markets
The IMF chopped its estimate for 2012 global growth too and warned it could drop as low as 1.3 percent if Europe lets the crisis fester for much longer. IMF chief economist Olivier Blanchard said at a news conference. "There is an even greater danger, namely that the European crisis intensifies, and in this case the world could be plunged into another recession."
Japan reported to a trade deficit and a slowing economy.
Dry goods trade has plummeted indicating China and India are in for a slow down unless they can stimulate internal consumption.
The World Bank cut its forecast for global growth including China, by the most in three years to 2.5%
We expect the markets will all form head-and-shoulder sell signals after breaking their 200 DMA. World trade “Bulk Shipments” have collapsed to the lowest world bulk trade level that existed since Obama declared the USA was in a depression in one of his 2007-2008 campaign speeches. Asian markets (especially China) are failing to break out some on the second and third times at resistance levels. China’s stocks could fall 50% from here if Obama’s announced “Great Depression” spreads there too.
http://finance.yahoo.com/q/ta?s=000001.SS&t=2y&l=on&z=l&q=l&p=e200%2Ce100&a=&c=
Germany broke through the resistance levels: Choose 2 or 5 years
http://finance.yahoo.com/echarts?s=%5EGDAXI+Interactive#chart2:symbol=^gdaxi;range=2y;indicator=ema(200,100)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on
The Swiss broke through the resistance levels. Choose 2 or 5 years http://finance.yahoo.com/echarts?s=%5ESSMI+Interactive#chart1:symbol=^ssmi;range=2y;indicator=ema(200,100)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined
Emerging markets show strength. Brazil broke through
http://finance.yahoo.com/echarts?s=^BVSP+Interactive#chart1:symbol=^bvsp;range=2y;indicator=ema(100,200)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined
American Economy
Yesterday
MBA Mortgage Index 01/21 -5.0% down from 23.1% terrible
Pending Home Sales Dec -3.5% down from 7.3% end of season
FHFA Housing Price Index Nov +1.0% up from -0.2% good
Crude Inventories 01/21 +3.56M up from -3.438M good
FOMC Rate Decision Jan 0-0.25% down from 0.25% getting dangerously like Japan
Today
Jan 26 8:30 AM Initial Claims 01/21 - 375K 375K 352K -
Jan 26 8:30 AM Continuing Claims 01/14 - 3550K 3550K 3432K -
Jan 26 8:30 AM Durable Orders Dec - 3.0% 2.0% 3.7% 3.8%
Jan 26 8:30 AM Durable Orders -ex Auto Dec - 1.0% 0.7% 0.3% -
Jan 26 10:00 AM New Home Sales Dec - 310K 322K 315K -
Jan 26 10:00 AM Leading Indicators Dec - 0.7% 0.7% 0.5% -
This Week
Jan 27 8:30 AM Chain Deflator-Adv. Q4 - NA NA 2.6% -
Jan 27 8:30 AM GDP-Adv. Q4 - 3.2% 3.1% 1.8% -
Jan 27 8:30 AM Chain Deflator-Adv. Q4 - 0.7% 1.5% 2.6% -
Jan 27 9:55 AM Michigan Sentiment - Final Jan
Market outlook January 26, 2012
Housing stock prices are set to plummet again has sales plummet again. Without quantitative easing a sudden drop in all stock prices becomes more probable. The DOW is considered a safe haven so it has passed last year’s high. The other markets are still about 6% below their highs of last year.
As expected that the FED provided criteria for when to increase rates and conversely for when to initiate a third round of quantitative easing. The period of FED uncertainty now stretches to 2014 meaning that Obama gets an F grade for his administration ability to end the “Obama Depression.” He jawboned the depression and got it.
Since Obama announced his creation of a George Bush depression when there was just a looming Socialist-Democrat liar loan crisis, Americans have been selling stocks and buying American Treasury bonds thinking that Americans will never have to take a 60% hair cut. So there has bee a great outflow of cash in sudden stock sell-offs followed by a trickle in of Bernanke Quantitative easing. The Obama administration talks the free enterprise talk but unfortunately still walks the Bolshevik walk. Americans will have to put up with at least one more year of the Obama Depression and the growth of the Obama Welfare State.
The VIX indicates extreme complacency now. A sharp computer sell-off could end the current rally any time now and trigger stop-losses with huge losses.
http://finance.yahoo.com/q/bc?s=%5EVIX&t=2y&l=on&z=m&q=l&c=
Bulk shipments have collapsed to the lowest world bulk trade level that existed since Obama declared the USA was in a depression in one of his 2007-2008 campaign speeches. It is now less than 7% of the international trade that existed just before Obama was elected.
http://www.bloomberg.com/apps/quote?ticker=BDIY:IND
Stock market update:
Asian Stock markets were mostly closed for New Years again last night. China closed, Hong Kong up 1.6%, India closed, and Japan down –0.4%
European markets are up today in a range +0.3% to +1.4% with Italy and Belgium high outliers half way through their day.
American market futures are up about 0.2% in after hour trading at 7 AM EST.
We estimate the peak soon in a head-and-shoulders sell signal.
Obama corruption lead has peaked and is starting to slip. The lobbying corruption gave Obama a $1billion target for campaign spending. It does not look like he will make it.
World markets
The IMF chopped its estimate for 2012 global growth too and warned it could drop as low as 1.3 percent if Europe lets the crisis fester for much longer. IMF chief economist Olivier Blanchard said at a news conference. "There is an even greater danger, namely that the European crisis intensifies, and in this case the world could be plunged into another recession."
Japan reported to a trade deficit and a slowing economy.
Dry goods trade has plummeted indicating China and India are in for a slow down unless they can stimulate internal consumption.
The World Bank cut its forecast for global growth including China, by the most in three years to 2.5%
We expect the markets will all form head-and-shoulder sell signals after breaking their 200 DMA. World trade “Bulk Shipments” have collapsed to the lowest world bulk trade level that existed since Obama declared the USA was in a depression in one of his 2007-2008 campaign speeches. Asian markets (especially China) are failing to break out some on the second and third times at resistance levels. China’s stocks could fall 50% from here if Obama’s announced “Great Depression” spreads there too.
http://finance.yahoo.com/q/ta?s=000001.SS&t=2y&l=on&z=l&q=l&p=e200%2Ce100&a=&c=
Germany broke through the resistance levels: Choose 2 or 5 years
http://finance.yahoo.com/echarts?s=%5EGDAXI+Interactive#chart2:symbol=^gdaxi;range=2y;indicator=ema(200,100)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on
The Swiss broke through the resistance levels. Choose 2 or 5 years http://finance.yahoo.com/echarts?s=%5ESSMI+Interactive#chart1:symbol=^ssmi;range=2y;indicator=ema(200,100)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined
Emerging markets show strength. Brazil broke through
http://finance.yahoo.com/echarts?s=^BVSP+Interactive#chart1:symbol=^bvsp;range=2y;indicator=ema(100,200)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined
American Economy
Yesterday
MBA Mortgage Index 01/21 -5.0% down from 23.1% terrible
Pending Home Sales Dec -3.5% down from 7.3% end of season
FHFA Housing Price Index Nov +1.0% up from -0.2% good
Crude Inventories 01/21 +3.56M up from -3.438M good
FOMC Rate Decision Jan 0-0.25% down from 0.25% getting dangerously like Japan
Today
Jan 26 8:30 AM Initial Claims 01/21 - 375K 375K 352K -
Jan 26 8:30 AM Continuing Claims 01/14 - 3550K 3550K 3432K -
Jan 26 8:30 AM Durable Orders Dec - 3.0% 2.0% 3.7% 3.8%
Jan 26 8:30 AM Durable Orders -ex Auto Dec - 1.0% 0.7% 0.3% -
Jan 26 10:00 AM New Home Sales Dec - 310K 322K 315K -
Jan 26 10:00 AM Leading Indicators Dec - 0.7% 0.7% 0.5% -
This Week
Jan 27 8:30 AM Chain Deflator-Adv. Q4 - NA NA 2.6% -
Jan 27 8:30 AM GDP-Adv. Q4 - 3.2% 3.1% 1.8% -
Jan 27 8:30 AM Chain Deflator-Adv. Q4 - 0.7% 1.5% 2.6% -
Jan 27 9:55 AM Michigan Sentiment - Final Jan
Market outlook January 26, 2012
Housing stock prices are set to plummet again has sales plummet again. Without quantitative easing a sudden drop in all stock prices becomes more probable. The DOW is considered a safe haven so it has passed last year’s high. The other markets are still about 6% below their highs of last year.
As expected that the FED provided criteria for when to increase rates and conversely for when to initiate a third round of quantitative easing. The period of FED uncertainty now stretches to 2014 meaning that Obama gets an F grade for his administration ability to end the “Obama Depression.” He jawboned the depression and got it.
Since Obama announced his creation of a George Bush depression when there was just a looming Socialist-Democrat liar loan crisis, Americans have been selling stocks and buying American Treasury bonds thinking that Americans will never have to take a 60% hair cut. So there has bee a great outflow of cash in sudden stock sell-offs followed by a trickle in of Bernanke Quantitative easing. The Obama administration talks the free enterprise talk but unfortunately still walks the Bolshevik walk. Americans will have to put up with at least one more year of the Obama Depression and the growth of the Obama Welfare State.
The VIX indicates extreme complacency now. A sharp computer sell-off could end the current rally any time now and trigger stop-losses with huge losses.
http://finance.yahoo.com/q/bc?s=%5EVIX&t=2y&l=on&z=m&q=l&c=
Bulk shipments have collapsed to the lowest world bulk trade level that existed since Obama declared the USA was in a depression in one of his 2007-2008 campaign speeches. It is now less than 7% of the international trade that existed just before Obama was elected.
http://www.bloomberg.com/apps/quote?ticker=BDIY:IND
Stock market update:
Asian Stock markets were mostly closed for New Years again last night. China closed, Hong Kong up 1.6%, India closed, and Japan down –0.4%
European markets are up today in a range +0.3% to +1.4% with Italy and Belgium high outliers half way through their day.
American market futures are up about 0.2% in after hour trading at 7 AM EST.
We estimate the peak soon in a head-and-shoulders sell signal.
Wednesday, January 25, 2012
Only a world class idiot would raise the specter of a Great Depression to get himself elected.
Obama boasted that since he took office U.S. dependence on foreign oil is below 50 percent for the first time in 13 years. “To be sure that is not because the White House meant for that to happen,” said Pavel Molchanov, an analyst at Raymond James & Associates Inc. Obama has done everything he could to cripple American energy in order to sell Solyndra solar panels and electric cars that cost more energy to build than they save. And what is worse, the batteries that go with the systems are more toxic than if the homeowners burned green wood to heat their homes. Many have $60,000 subsidized systems northern America where they are covered with snow and people still burn wood.
William Daley has ended his, unhappy tenure as White House chief of staff just a year after Rahm Emanuel ended his two-year unhappy tenure. Mr. Daley's resignation is in that sense truth in advertising because for nearly a year the White House has really been a re-election campaign not tuned in to the American economy which is ready to fall off another cliff. Obama has been the “DO-Nothin-President” now for three whole years. Mr. Daley knew Bill Clinton, a friend for whom he worked as Commerce Secretary, and Barack Obama is no Bill Clinton. It is not that Obama has no ideas, it is just that they are the same stupid communist solutions that gave the USSR an 80-year Obama type depression.
A Canadian Afghan immigrant businessman, his wife and his son face trial for the 2009 honor killings (drowning deaths of the three teenagers, and of a fourth woman), said by the prosecution to have been the businessman’s abandoned first wife. The young women allegedly shamed the clan with dating and other practices. The three defendants say it was all an unfortunate accident.
World trade “Bulk Shipments” have collapsed to the lowest world bulk trade level that existed since Obama declared the USA was in a depression in one of his 2007-2008 campaign speeches. China’s stocks could fall 50% from here if Obama’s announced “Great Depression” spreads to China. Danger is now immanent.
World markets
The IMF chopped its estimate for 2012 global growth too and warned it could drop as low as 1.3 percent if Europe lets the crisis fester for much longer. IMF chief economist Olivier Blanchard said at a news conference. "There is an even greater danger, namely that the European crisis intensifies, and in this case the world could be plunged into another recession."
Japan is expected report to a trade deficit and to show a slowing economy.
Dry goods trade has plummeted indicating China and India are in for a slow down unless they can stimulate internal consumption.
The French Senate voted to approve legislation making it a crime to deny that the genocide of Armenians early last century was genocide. France risks a new terrorism from Turkey and other psychopathic Moslem states. It is becoming increasingly difficult for psychopathic child molesting Imams to hide behind the Korean. Today children are still sold for sex in some Moslem countries and Christians and Buddhists, Hindus and Jews in those Midieval-Evil societies are virtually non-existent because the Moslems accidentally butcher them and bomb and burn their places of worship everywhere. Mohammed himself took a nine-year-old wife. The Armenians were Christians that were driven out by Moslems and slaughtered like animals as they fled north. The Turks who committed the mass murder were actually the most civilized of all the Moslem nations at the time they committed the genocide. The Moslems run the most oppressive and evil societies in the world and butcher all that oppose their evil societies. The fact that they cannot denounce those religious psychopath activities of the past shows they are as pathological as their ancestors.
European Wack a Mole debt management still is unsuccessful in solving the problem with Greece. Basically banks are being asked to absorb the losses again.
The EU will embargo Iranian crude oil as tension mounts in their evil government.
The World Bank cut its forecast for global growth including China, by the most in three years to 2.5%
We expect the markets will all form head-and-shoulder sell signals after breaking their 200 DMA.
Asian markets (especially China) are failing to break out some on the second and third times at resistance levels. China’s stocks could fall 50% from here if Obama’s announced “Great Depression” spreads there too.
http://finance.yahoo.com/q/ta?s=000001.SS&t=2y&l=on&z=l&q=l&p=e200%2Ce100&a=&c=
Germany broke through the resistance levels: Choose 2 or 5 years
http://finance.yahoo.com/echarts?s=%5EGDAXI+Interactive#chart2:symbol=^gdaxi;range=2y;indicator=ema(200,100)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on
The Swiss broke through the resistance levels. Choose 2 or 5 years http://finance.yahoo.com/echarts?s=%5ESSMI+Interactive#chart1:symbol=^ssmi;range=2y;indicator=ema(200,100)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined
Emerging markets show strength. Brazil broke through
http://finance.yahoo.com/echarts?s=^BVSP+Interactive#chart1:symbol=^bvsp;range=2y;indicator=ema(100,200)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined
American Economy
This Week
Jan 25 7:00 AM MBA Mortgage Index 01/21 - NA NA 23.1% -
Jan 25 10:00 AM Pending Home Sales Dec - -3.0% -3.0% 7.3% -
Jan 25 10:00 AM FHFA Housing Price Index Nov - NA NA -0.2% -
Jan 25 10:30 AM Crude Inventories 01/21 - NA NA -3.438M -
Jan 25 12:30 PM FOMC Rate Decision Jan - 0.25% 0.25% 0.25% -
Jan 26 8:30 AM Initial Claims 01/21 - 375K 375K 352K -
Jan 26 8:30 AM Continuing Claims 01/14 - 3550K 3550K 3432K -
Jan 26 8:30 AM Durable Orders Dec - 3.0% 2.0% 3.7% 3.8%
Jan 26 8:30 AM Durable Orders -ex Auto Dec - 1.0% 0.7% 0.3% -
Jan 26 10:00 AM New Home Sales Dec - 310K 322K 315K -
Jan 26 10:00 AM Leading Indicators Dec - 0.7% 0.7% 0.5% -
Jan 27 8:30 AM Chain Deflator-Adv. Q4 - NA NA 2.6% -
Jan 27 8:30 AM GDP-Adv. Q4 - 3.2% 3.1% 1.8% -
Jan 27 8:30 AM Chain Deflator-Adv. Q4 - 0.7% 1.5% 2.6% -
Jan 27 9:55 AM Michigan Sentiment - Final Jan
Market outlook January 25, 2012
It is expected that the FED will provide criteria for when to increase rates and conversely for when to initiate a third round of quantitative easing. Since Obama announced his creation of a George Bush depression when there was just a looming Socialist-Democrat liar loan crisis, Americans have been selling stocks and buying American Treasury bonds thinking that Americans will never have to take a 60% hair cut. So there has bee a great outflow of cash in sudden stock sell-offs followed by a trickle in of Bernanke Quantitative easing. The Obama administration last night talked the free enterprise talk but unfortunately still walks the Bolshevik walk. The election of 2008 will go down as a disaster that gave Obama control of the executive and legislative branches of government to bring in a welfare state. It is fortunate that half of Congress is now free since 2002 and against the Obama Welfare State. Americans will have to put up with at least one more year of the Obama Depression and the growth of the Obama Welfare State. In the mean time we expect Bernanke will give the world another quantitative easing bubble that does nothing but increase American debt. It does not print cash money; it primarily increases American debt and temporarily stimulates spending which raises the stock market until the hedge funds do another computer sell-off. It causes a sell-off of gold and silver because it sets the world up for USSR type permanent rolling depressions or Japanese type permanent rolling recessions.
World trade has now virtually collapsed. We expect the markets will all form head-and-shoulder sell signals now.
The stock market advance is now hitting its 200 DMA resistance level. Even if it breaks through markets will peak within the month, as euphoria seems to be near a high point. Because spending has accelerated the bankruptcy threat increases. The IMF was created and run by the USA to help developing countries. Now it is being taken over by socialists who will steal $500Billion from the developing countries and give it to communist subversives like Soros. The proposed $500Billion theft of IMF funds by Europe Socialist will help bail out socialist George Soros.
The NYSE MACD is still bullish but will follow whatever the market does.
http://www.martincapital.com/index.php?page=graph&view=macd
The VIX indicates extreme complacency now. A sharp computer sell-off could end the current rally any time now and trigger stop-losses with huge losses. When a computer sell-off occurs the stop losses execute too slow compared to the high-speed computer execution of orders.
http://finance.yahoo.com/q/bc?s=%5EVIX&t=2y&l=on&z=m&q=l&c=
We predict we are near the end of this stock market recovery. The downside risk exceeds the upside potential and it is time to lighten up. http://finance.yahoo.com/echarts?s=^NYA+Interactive#chart1:symbol=^nya;range=5y;indicator=ema(200,100)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined
Bulk shipments have collapsed to the lowest world bulk trade level that existed since Obama declared the USA was in a depression in one of his 2007-2008 campaign speeches. It is now less than 7% of the international trade that existed just before Obama was elected. This means China and India could now enter the Obama depression.
http://www.bloomberg.com/apps/quote?ticker=BDIY:IND
Stock market update:
Asian Stock markets were mostly closed for New Years again last night. China closed, Hong Kong closed, India up 0.5%, and Japan up 1.1%
European markets are down today in a range +0.3% to –1.2% half way through their day.
American market futures are mixed about -0.1% in after hour trading at 9 AM EST.
We are near the end of this rally now. We estimate the peak soon in a head-and-shoulders sell signal. The best news for American and world economies and markets would be for Obama to decide not to run so that the Democrats can have a competent candidate not a socialist fool running. Senator Obama created his Great Depression when he announced it during his campaign and then Senator Dodd leaked secret Banking Committee information that caused the run on the first bank for Obama. Only a world class idiot would raise the specter of a Great Depression to get himself elected.
William Daley has ended his, unhappy tenure as White House chief of staff just a year after Rahm Emanuel ended his two-year unhappy tenure. Mr. Daley's resignation is in that sense truth in advertising because for nearly a year the White House has really been a re-election campaign not tuned in to the American economy which is ready to fall off another cliff. Obama has been the “DO-Nothin-President” now for three whole years. Mr. Daley knew Bill Clinton, a friend for whom he worked as Commerce Secretary, and Barack Obama is no Bill Clinton. It is not that Obama has no ideas, it is just that they are the same stupid communist solutions that gave the USSR an 80-year Obama type depression.
A Canadian Afghan immigrant businessman, his wife and his son face trial for the 2009 honor killings (drowning deaths of the three teenagers, and of a fourth woman), said by the prosecution to have been the businessman’s abandoned first wife. The young women allegedly shamed the clan with dating and other practices. The three defendants say it was all an unfortunate accident.
World trade “Bulk Shipments” have collapsed to the lowest world bulk trade level that existed since Obama declared the USA was in a depression in one of his 2007-2008 campaign speeches. China’s stocks could fall 50% from here if Obama’s announced “Great Depression” spreads to China. Danger is now immanent.
World markets
The IMF chopped its estimate for 2012 global growth too and warned it could drop as low as 1.3 percent if Europe lets the crisis fester for much longer. IMF chief economist Olivier Blanchard said at a news conference. "There is an even greater danger, namely that the European crisis intensifies, and in this case the world could be plunged into another recession."
Japan is expected report to a trade deficit and to show a slowing economy.
Dry goods trade has plummeted indicating China and India are in for a slow down unless they can stimulate internal consumption.
The French Senate voted to approve legislation making it a crime to deny that the genocide of Armenians early last century was genocide. France risks a new terrorism from Turkey and other psychopathic Moslem states. It is becoming increasingly difficult for psychopathic child molesting Imams to hide behind the Korean. Today children are still sold for sex in some Moslem countries and Christians and Buddhists, Hindus and Jews in those Midieval-Evil societies are virtually non-existent because the Moslems accidentally butcher them and bomb and burn their places of worship everywhere. Mohammed himself took a nine-year-old wife. The Armenians were Christians that were driven out by Moslems and slaughtered like animals as they fled north. The Turks who committed the mass murder were actually the most civilized of all the Moslem nations at the time they committed the genocide. The Moslems run the most oppressive and evil societies in the world and butcher all that oppose their evil societies. The fact that they cannot denounce those religious psychopath activities of the past shows they are as pathological as their ancestors.
European Wack a Mole debt management still is unsuccessful in solving the problem with Greece. Basically banks are being asked to absorb the losses again.
The EU will embargo Iranian crude oil as tension mounts in their evil government.
The World Bank cut its forecast for global growth including China, by the most in three years to 2.5%
We expect the markets will all form head-and-shoulder sell signals after breaking their 200 DMA.
Asian markets (especially China) are failing to break out some on the second and third times at resistance levels. China’s stocks could fall 50% from here if Obama’s announced “Great Depression” spreads there too.
http://finance.yahoo.com/q/ta?s=000001.SS&t=2y&l=on&z=l&q=l&p=e200%2Ce100&a=&c=
Germany broke through the resistance levels: Choose 2 or 5 years
http://finance.yahoo.com/echarts?s=%5EGDAXI+Interactive#chart2:symbol=^gdaxi;range=2y;indicator=ema(200,100)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on
The Swiss broke through the resistance levels. Choose 2 or 5 years http://finance.yahoo.com/echarts?s=%5ESSMI+Interactive#chart1:symbol=^ssmi;range=2y;indicator=ema(200,100)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined
Emerging markets show strength. Brazil broke through
http://finance.yahoo.com/echarts?s=^BVSP+Interactive#chart1:symbol=^bvsp;range=2y;indicator=ema(100,200)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined
American Economy
This Week
Jan 25 7:00 AM MBA Mortgage Index 01/21 - NA NA 23.1% -
Jan 25 10:00 AM Pending Home Sales Dec - -3.0% -3.0% 7.3% -
Jan 25 10:00 AM FHFA Housing Price Index Nov - NA NA -0.2% -
Jan 25 10:30 AM Crude Inventories 01/21 - NA NA -3.438M -
Jan 25 12:30 PM FOMC Rate Decision Jan - 0.25% 0.25% 0.25% -
Jan 26 8:30 AM Initial Claims 01/21 - 375K 375K 352K -
Jan 26 8:30 AM Continuing Claims 01/14 - 3550K 3550K 3432K -
Jan 26 8:30 AM Durable Orders Dec - 3.0% 2.0% 3.7% 3.8%
Jan 26 8:30 AM Durable Orders -ex Auto Dec - 1.0% 0.7% 0.3% -
Jan 26 10:00 AM New Home Sales Dec - 310K 322K 315K -
Jan 26 10:00 AM Leading Indicators Dec - 0.7% 0.7% 0.5% -
Jan 27 8:30 AM Chain Deflator-Adv. Q4 - NA NA 2.6% -
Jan 27 8:30 AM GDP-Adv. Q4 - 3.2% 3.1% 1.8% -
Jan 27 8:30 AM Chain Deflator-Adv. Q4 - 0.7% 1.5% 2.6% -
Jan 27 9:55 AM Michigan Sentiment - Final Jan
Market outlook January 25, 2012
It is expected that the FED will provide criteria for when to increase rates and conversely for when to initiate a third round of quantitative easing. Since Obama announced his creation of a George Bush depression when there was just a looming Socialist-Democrat liar loan crisis, Americans have been selling stocks and buying American Treasury bonds thinking that Americans will never have to take a 60% hair cut. So there has bee a great outflow of cash in sudden stock sell-offs followed by a trickle in of Bernanke Quantitative easing. The Obama administration last night talked the free enterprise talk but unfortunately still walks the Bolshevik walk. The election of 2008 will go down as a disaster that gave Obama control of the executive and legislative branches of government to bring in a welfare state. It is fortunate that half of Congress is now free since 2002 and against the Obama Welfare State. Americans will have to put up with at least one more year of the Obama Depression and the growth of the Obama Welfare State. In the mean time we expect Bernanke will give the world another quantitative easing bubble that does nothing but increase American debt. It does not print cash money; it primarily increases American debt and temporarily stimulates spending which raises the stock market until the hedge funds do another computer sell-off. It causes a sell-off of gold and silver because it sets the world up for USSR type permanent rolling depressions or Japanese type permanent rolling recessions.
World trade has now virtually collapsed. We expect the markets will all form head-and-shoulder sell signals now.
The stock market advance is now hitting its 200 DMA resistance level. Even if it breaks through markets will peak within the month, as euphoria seems to be near a high point. Because spending has accelerated the bankruptcy threat increases. The IMF was created and run by the USA to help developing countries. Now it is being taken over by socialists who will steal $500Billion from the developing countries and give it to communist subversives like Soros. The proposed $500Billion theft of IMF funds by Europe Socialist will help bail out socialist George Soros.
The NYSE MACD is still bullish but will follow whatever the market does.
http://www.martincapital.com/index.php?page=graph&view=macd
The VIX indicates extreme complacency now. A sharp computer sell-off could end the current rally any time now and trigger stop-losses with huge losses. When a computer sell-off occurs the stop losses execute too slow compared to the high-speed computer execution of orders.
http://finance.yahoo.com/q/bc?s=%5EVIX&t=2y&l=on&z=m&q=l&c=
We predict we are near the end of this stock market recovery. The downside risk exceeds the upside potential and it is time to lighten up. http://finance.yahoo.com/echarts?s=^NYA+Interactive#chart1:symbol=^nya;range=5y;indicator=ema(200,100)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined
Bulk shipments have collapsed to the lowest world bulk trade level that existed since Obama declared the USA was in a depression in one of his 2007-2008 campaign speeches. It is now less than 7% of the international trade that existed just before Obama was elected. This means China and India could now enter the Obama depression.
http://www.bloomberg.com/apps/quote?ticker=BDIY:IND
Stock market update:
Asian Stock markets were mostly closed for New Years again last night. China closed, Hong Kong closed, India up 0.5%, and Japan up 1.1%
European markets are down today in a range +0.3% to –1.2% half way through their day.
American market futures are mixed about -0.1% in after hour trading at 9 AM EST.
We are near the end of this rally now. We estimate the peak soon in a head-and-shoulders sell signal. The best news for American and world economies and markets would be for Obama to decide not to run so that the Democrats can have a competent candidate not a socialist fool running. Senator Obama created his Great Depression when he announced it during his campaign and then Senator Dodd leaked secret Banking Committee information that caused the run on the first bank for Obama. Only a world class idiot would raise the specter of a Great Depression to get himself elected.
Tuesday, January 24, 2012
Obama administration deliberately counted millions of illegal aliens, for the purpose of making the apportionment of the U.S. House of Representatives
The Barrack Obama is quietly in the process of rigging use of the US Census of 2012. The Obama administration deliberately counted millions of illegal aliens, for the purpose of making the apportionment of the U.S. House of Representatives more favorable to socialist and lunatic liberal candidates. Candidates Chuck Baldwin (Montana) and. Bob Fanning have joined with several others in becoming amici curiae in a pending federal lawsuit brought by the State of Louisiana against the U.S. Secretary of Commerce, et al., which was filed January, 13, 2012 in the United States Supreme Court. The subversive run U.S. Census Bureau deliberately lies and says that it “‘is required by the U.S. Constitution to count everyone hiding from deportation in this country, regardless of immigration or citizenship status.’” Accordingly, they have counted millions of illegal aliens in the 2010 Census, and are using those figures to apportion the U.S. House of Representatives. If this egregious misinterpretation of the U.S. Constitution is allowed to stand, five states (Louisiana, Missouri, Montana, North Carolina, and Ohio) will lose representation in the U.S. Congress to which they are lawfully entitled, while three states (California, Texas, and Florida) will be awarded additional representation in the U.S. Congress to which they are not lawfully entitled. And, of course, this will also directly impact the makeup of the Electoral College, which ultimately elects the President of the United States.
World trade “Bulk Shipments” have collapsed to the lowest world bulk trade level that existed since Obama declared the USA was in a depression in one of his 2007-2008 campaign speeches. China’s stocks could fall 50% from here if Obama’s announced “Great Depression” spreads to China. Danger is now immanent.
Thorsten Heins is the new CEO of RIM. He joined RIMM four years ago from Siemens AG. RIMM has dropped 80% from its high and sales have dropped over 90%.
Gingrich won the primary in S. Carolina but will be out of politics for good after this run because he took $1,600,000 in fees from Freddie and Fannie the Obama-Holden liar loan mortgage firms that put all the private mortgage firms out of business and caused the Obama Depression.
World markets
Japan is expected report to a trade deficit and to show a slowing economy.
Dry goods trade has plummeted indicating China and India are in for a slow down unless they can stimulate internal consumption.
The French Senate voted to approve legislation making it a crime to deny that the genocide of Armenians early last century was genocide. France risks a new terrorism from Turkey and other psychopathic Moslem states. It is becoming increasingly difficult for psychopathic child molesting Imams to hide behind the Korean. Today children are still sold for sex in some Moslem countries and Christians and Buddhists, Hindus and Jews in those Midieval-Evil societies are virtually non-existent because the Moslems accidentally butcher them and bomb and burn their places of worship everywhere. Mohammed himself took a nine-year-old wife. The Armenians were Christians that were driven out by Moslems and slaughtered like animals as they fled north. The Turks who committed the mass murder were actually the most civilized of all the Moslem nations at the time they committed the genocide. The Moslems run the most oppressive and evil societies in the world and butcher all that oppose their evil societies. The fact that they cannot denounce those religious psychopath activities of the past shows they are as pathological as their ancestors.
European Wack a Mole debt management still unsuccessful in solving the problem with Greece. Basically banks are being asked to absorb the losses.
The EU will embargo Iranian crude oil as tension mounts in their evil government.
Germany, Switzerland and Brazil have broken their 200 DMA resistance levels. It remains to be seen if they can remain above that level.
Solar stocks plunged around the world after Obama’s Solyndra supply side production disaster evolved. Now Germany, recently the largest market for panels, said it will cut subsidized rates and phase out demand side support for the industry.
The World Bank cut its forecast for global growth including China, by the most in three years to 2.5%
George Soros wants Europe to steal $500Billion of IMF funds from developing countries to buy his European damaged debt, which will face default later. The Europeans have displaced America which started the IMF with American money and was originally intended to help developing countries. Bankrupt socialist states and socialist George Soros see it as another “elephant” to eat to stay afloat a little longer at the expense of the undeveloped world. Socialists live by the “law of the jungle.”
We expect the markets will all form head-and-shoulder sell signals after breaking their 200 DMA.
Asian markets (especially China) are failing to break out some on the second and third times at resistance levels. China’s stocks could fall 50% from here if Obama’s announced “Great Depression” spreads there too.
http://finance.yahoo.com/q/ta?s=000001.SS&t=2y&l=on&z=l&q=l&p=e200%2Ce100&a=&c=
Germany broke through the resistance levels: Choose 2 or 5 years
http://finance.yahoo.com/echarts?s=%5EGDAXI+Interactive#chart2:symbol=^gdaxi;range=2y;indicator=ema(200,100)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on
The Swiss broke through the resistance levels. Choose 2 or 5 years http://finance.yahoo.com/echarts?s=%5ESSMI+Interactive#chart1:symbol=^ssmi;range=2y;indicator=ema(200,100)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined
Emerging markets show strength. Brazil broke through
http://finance.yahoo.com/echarts?s=^BVSP+Interactive#chart1:symbol=^bvsp;range=2y;indicator=ema(100,200)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined
American Economy
This Week
Jan 25 7:00 AM MBA Mortgage Index 01/21 - NA NA 23.1% -
Jan 25 10:00 AM Pending Home Sales Dec - -3.0% -3.0% 7.3% -
Jan 25 10:00 AM FHFA Housing Price Index Nov - NA NA -0.2% -
Jan 25 10:30 AM Crude Inventories 01/21 - NA NA -3.438M -
Jan 25 12:30 PM FOMC Rate Decision Jan - 0.25% 0.25% 0.25% -
Jan 26 8:30 AM Initial Claims 01/21 - 375K 375K 352K -
Jan 26 8:30 AM Continuing Claims 01/14 - 3550K 3550K 3432K -
Jan 26 8:30 AM Durable Orders Dec - 3.0% 2.0% 3.7% 3.8%
Jan 26 8:30 AM Durable Orders -ex Auto Dec - 1.0% 0.7% 0.3% -
Jan 26 10:00 AM New Home Sales Dec - 310K 322K 315K -
Jan 26 10:00 AM Leading Indicators Dec - 0.7% 0.7% 0.5% -
Jan 27 8:30 AM Chain Deflator-Adv. Q4 - NA NA 2.6% -
Jan 27 8:30 AM GDP-Adv. Q4 - 3.2% 3.1% 1.8% -
Jan 27 8:30 AM Chain Deflator-Adv. Q4 - 0.7% 1.5% 2.6% -
Jan 27 9:55 AM Michigan Sentiment - Final Jan
Market outlook January 24, 2012
World trade has now virtually collapsed. We expect the markets will all form head-and-shoulder sell signals now.
The stock market advance is now hitting its 200 DMA resistance level. Even if it breaks through markets will peak within the month, as euphoria seems to be near a high point. Because spending has accelerated the bankruptcy threat increases. The IMF was created and run by the USA to help developing countries. Now it is being taken over by socialists who will steal $500Billion from the developing countries and give it to communist subversives like Soros. The proposed $500Billion theft of IMF funds by Europe Socialist will help bail out socialist George Soros.
The NYSE MACD is still bullish but will follow whatever the market does.
http://www.martincapital.com/index.php?page=graph&view=macd
The VIX indicates extreme complacency now. A sharp computer sell-off could end the current rally any time now and trigger stop-losses with huge losses. When a computer sell-off occurs the stop losses execute too slow compared to the high-speed computer execution of orders.http://finance.yahoo.com/q/bc?s=%5EVIX&t=2y&l=on&z=m&q=l&c=
We predict we are near the end of this stock market recovery. The downside risk exceeds the upside potential and it is time to lighten up. http://finance.yahoo.com/echarts?s=^NYA+Interactive#chart1:symbol=^nya;range=5y;indicator=ema(200,100)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined
Bulk shipments have collapsed to the lowest world bulk trade level that existed since Obama declared the USA was in a depression in one of his 2007-2008 campaign speeches. It is now less than 7% of the international trade that existed just before Obama was elected. This means China and India could now enter the Obama depression.
http://www.bloomberg.com/apps/quote?ticker=BDIY:IND
Stock market update:
Asian Stock markets were mostly closed for New Years last night. China closed, Hong Kong closed, India up 1.5%, and Japan up 0.2%
European markets are down today in a range –0.5% to –2.3% half way through their day.
American market futures are down about -0.5% in after hour trading at 8 AM EST.
We are near the end of this rally now. We estimate the peak soon in a head-and-shoulders sell signal. The best news for American and world economies and markets would be for Obama to decide not to run so that the Democrats can have a competent candidate not a socialist fool running. Senator Obama created his Great Depression when he announced it during his campaign and then Senator Dodd leaked secret Banking Committee information that caused the run on the first bank for Obama. Only a world class idiot would raise the specter of a Great Depression to get himself elected.
World trade “Bulk Shipments” have collapsed to the lowest world bulk trade level that existed since Obama declared the USA was in a depression in one of his 2007-2008 campaign speeches. China’s stocks could fall 50% from here if Obama’s announced “Great Depression” spreads to China. Danger is now immanent.
Thorsten Heins is the new CEO of RIM. He joined RIMM four years ago from Siemens AG. RIMM has dropped 80% from its high and sales have dropped over 90%.
Gingrich won the primary in S. Carolina but will be out of politics for good after this run because he took $1,600,000 in fees from Freddie and Fannie the Obama-Holden liar loan mortgage firms that put all the private mortgage firms out of business and caused the Obama Depression.
World markets
Japan is expected report to a trade deficit and to show a slowing economy.
Dry goods trade has plummeted indicating China and India are in for a slow down unless they can stimulate internal consumption.
The French Senate voted to approve legislation making it a crime to deny that the genocide of Armenians early last century was genocide. France risks a new terrorism from Turkey and other psychopathic Moslem states. It is becoming increasingly difficult for psychopathic child molesting Imams to hide behind the Korean. Today children are still sold for sex in some Moslem countries and Christians and Buddhists, Hindus and Jews in those Midieval-Evil societies are virtually non-existent because the Moslems accidentally butcher them and bomb and burn their places of worship everywhere. Mohammed himself took a nine-year-old wife. The Armenians were Christians that were driven out by Moslems and slaughtered like animals as they fled north. The Turks who committed the mass murder were actually the most civilized of all the Moslem nations at the time they committed the genocide. The Moslems run the most oppressive and evil societies in the world and butcher all that oppose their evil societies. The fact that they cannot denounce those religious psychopath activities of the past shows they are as pathological as their ancestors.
European Wack a Mole debt management still unsuccessful in solving the problem with Greece. Basically banks are being asked to absorb the losses.
The EU will embargo Iranian crude oil as tension mounts in their evil government.
Germany, Switzerland and Brazil have broken their 200 DMA resistance levels. It remains to be seen if they can remain above that level.
Solar stocks plunged around the world after Obama’s Solyndra supply side production disaster evolved. Now Germany, recently the largest market for panels, said it will cut subsidized rates and phase out demand side support for the industry.
The World Bank cut its forecast for global growth including China, by the most in three years to 2.5%
George Soros wants Europe to steal $500Billion of IMF funds from developing countries to buy his European damaged debt, which will face default later. The Europeans have displaced America which started the IMF with American money and was originally intended to help developing countries. Bankrupt socialist states and socialist George Soros see it as another “elephant” to eat to stay afloat a little longer at the expense of the undeveloped world. Socialists live by the “law of the jungle.”
We expect the markets will all form head-and-shoulder sell signals after breaking their 200 DMA.
Asian markets (especially China) are failing to break out some on the second and third times at resistance levels. China’s stocks could fall 50% from here if Obama’s announced “Great Depression” spreads there too.
http://finance.yahoo.com/q/ta?s=000001.SS&t=2y&l=on&z=l&q=l&p=e200%2Ce100&a=&c=
Germany broke through the resistance levels: Choose 2 or 5 years
http://finance.yahoo.com/echarts?s=%5EGDAXI+Interactive#chart2:symbol=^gdaxi;range=2y;indicator=ema(200,100)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on
The Swiss broke through the resistance levels. Choose 2 or 5 years http://finance.yahoo.com/echarts?s=%5ESSMI+Interactive#chart1:symbol=^ssmi;range=2y;indicator=ema(200,100)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined
Emerging markets show strength. Brazil broke through
http://finance.yahoo.com/echarts?s=^BVSP+Interactive#chart1:symbol=^bvsp;range=2y;indicator=ema(100,200)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined
American Economy
This Week
Jan 25 7:00 AM MBA Mortgage Index 01/21 - NA NA 23.1% -
Jan 25 10:00 AM Pending Home Sales Dec - -3.0% -3.0% 7.3% -
Jan 25 10:00 AM FHFA Housing Price Index Nov - NA NA -0.2% -
Jan 25 10:30 AM Crude Inventories 01/21 - NA NA -3.438M -
Jan 25 12:30 PM FOMC Rate Decision Jan - 0.25% 0.25% 0.25% -
Jan 26 8:30 AM Initial Claims 01/21 - 375K 375K 352K -
Jan 26 8:30 AM Continuing Claims 01/14 - 3550K 3550K 3432K -
Jan 26 8:30 AM Durable Orders Dec - 3.0% 2.0% 3.7% 3.8%
Jan 26 8:30 AM Durable Orders -ex Auto Dec - 1.0% 0.7% 0.3% -
Jan 26 10:00 AM New Home Sales Dec - 310K 322K 315K -
Jan 26 10:00 AM Leading Indicators Dec - 0.7% 0.7% 0.5% -
Jan 27 8:30 AM Chain Deflator-Adv. Q4 - NA NA 2.6% -
Jan 27 8:30 AM GDP-Adv. Q4 - 3.2% 3.1% 1.8% -
Jan 27 8:30 AM Chain Deflator-Adv. Q4 - 0.7% 1.5% 2.6% -
Jan 27 9:55 AM Michigan Sentiment - Final Jan
Market outlook January 24, 2012
World trade has now virtually collapsed. We expect the markets will all form head-and-shoulder sell signals now.
The stock market advance is now hitting its 200 DMA resistance level. Even if it breaks through markets will peak within the month, as euphoria seems to be near a high point. Because spending has accelerated the bankruptcy threat increases. The IMF was created and run by the USA to help developing countries. Now it is being taken over by socialists who will steal $500Billion from the developing countries and give it to communist subversives like Soros. The proposed $500Billion theft of IMF funds by Europe Socialist will help bail out socialist George Soros.
The NYSE MACD is still bullish but will follow whatever the market does.
http://www.martincapital.com/index.php?page=graph&view=macd
The VIX indicates extreme complacency now. A sharp computer sell-off could end the current rally any time now and trigger stop-losses with huge losses. When a computer sell-off occurs the stop losses execute too slow compared to the high-speed computer execution of orders.http://finance.yahoo.com/q/bc?s=%5EVIX&t=2y&l=on&z=m&q=l&c=
We predict we are near the end of this stock market recovery. The downside risk exceeds the upside potential and it is time to lighten up. http://finance.yahoo.com/echarts?s=^NYA+Interactive#chart1:symbol=^nya;range=5y;indicator=ema(200,100)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined
Bulk shipments have collapsed to the lowest world bulk trade level that existed since Obama declared the USA was in a depression in one of his 2007-2008 campaign speeches. It is now less than 7% of the international trade that existed just before Obama was elected. This means China and India could now enter the Obama depression.
http://www.bloomberg.com/apps/quote?ticker=BDIY:IND
Stock market update:
Asian Stock markets were mostly closed for New Years last night. China closed, Hong Kong closed, India up 1.5%, and Japan up 0.2%
European markets are down today in a range –0.5% to –2.3% half way through their day.
American market futures are down about -0.5% in after hour trading at 8 AM EST.
We are near the end of this rally now. We estimate the peak soon in a head-and-shoulders sell signal. The best news for American and world economies and markets would be for Obama to decide not to run so that the Democrats can have a competent candidate not a socialist fool running. Senator Obama created his Great Depression when he announced it during his campaign and then Senator Dodd leaked secret Banking Committee information that caused the run on the first bank for Obama. Only a world class idiot would raise the specter of a Great Depression to get himself elected.
Monday, January 23, 2012
World trade “Bulk Shipments” have collapsed to the lowest world bulk trade level that existed since Obama declared the USA was in a depression
World trade “Bulk Shipments” have collapsed to the lowest world bulk trade level that existed since Obama declared the USA was in a depression in one of his 2007-2008 campaign speeches. China’s stocks could fall 50% from here if Obama’s announced “Great Depression” spreads to China. Danger is now immanent.
Thorsten Heins is the new CEO of RIM. He joined RIMM four years ago from Siemens AG. RIMM has dropped 80% from its high and sales have dropped over 90%.
Gingrich won the primary in S. Carolina but will be out of politics for good after this run because he took $1,600,000 in fees from Freddie and Fannie the Obama-Holden liar loan mortgage firms that put all the private mortgage firms out of business and caused the Obama Depression.
World markets
Germany, Switzerland and Brazil have broken their 200 DMA resistance levels. It remains to be seen if they can remain above that level.
Solar stocks plunged around the world after Obama’s Solyndra supply side production disaster evolved. Now Germany, recently the largest market for panels, said it will cut subsidized rates and phase out demand side support for the industry.
The World Bank cut its forecast for global growth including China, by the most in three years to 2.5%
George Soros wants Europe to steal $500Billion of IMF funds from developing countries to buy his European damaged debt, which will face default later. The Europeans have displaced America which started the IMF with American money and was originally intended to help developing countries. Bankrupt socialist states and socialist George Soros see it as another “elephant” to eat to stay afloat a little longer at the expense of the undeveloped world. Socialists live by the “law of the jungle.”
We expect the markets will all form head-and-shoulder sell signals after breaking their 200 DMA.
Asian markets (especially China) are failing to break out some on the second and third times at resistance levels. China’s stocks could fall 50% from here if Obama’s announced “Great Depression” spreads there too.
http://finance.yahoo.com/q/ta?s=000001.SS&t=2y&l=on&z=l&q=l&p=e200%2Ce100&a=&c=
Germany broke through the resistance levels: Choose 2 or 5 years
http://finance.yahoo.com/echarts?s=%5EGDAXI+Interactive#chart2:symbol=^gdaxi;range=2y;indicator=ema(200,100)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on
The Swiss broke through the resistance levels. Choose 2 or 5 years http://finance.yahoo.com/echarts?s=%5ESSMI+Interactive#chart1:symbol=^ssmi;range=2y;indicator=ema(200,100)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined
Emerging markets show strength. Brazil broke through
http://finance.yahoo.com/echarts?s=^BVSP+Interactive#chart1:symbol=^bvsp;range=2y;indicator=ema(100,200)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined
American Economy
Last weeks reports
Empire Manufacturing Index up Jan to 13.5 from December’s 9.5 and shows manufacturing still doing well. Chinese goods are seeing sharp price rises as China’s wages get better for their workers.
MBA Mortgage Index 01/14 jumped to 23.1% from +4.5% Time to sell
MBA Mortgage Purchase Index 01/14 - NA
PPI Dec -0.1% dropped from 0.3%
Core PPI Dec 0.3% increased from 0.1% That is 3.6% core inflation which is much higher than the fed limit of 2.5%.
Net Long-Term TIC Flows Nov increased to $59.8B from $4.8B indicating foreign money China) may have been responsible for this rise in American stock prices.
Industrial Production Dec 0.4% much improved from -0.2% last month.
Capacity Utilization Dec 78.1% up from 77.8%
NAHB Housing Market Index Jan 25 up from 21 time to sell American housing stocks as they temporarily peak and buy again at lows. Obama is still giving his folks liar loans.
Initial Claims 01/14 352K down from 399K Socialist lie
Continuing Claims 01/07 3432K down from 3628K Socialist lie
Core CPI Dec NA from 0.0% - Socialist deceit
CPI Dec 0.0% 0.0%
Core CPI Dec 0.1% down from 0.2% Socialist lie
CPI Dec - NA from 0.2% - Socialist deceit
Housing Starts Dec 657K down from 685K bad news
Building Permits Dec 679K down from 681K bad news
Philadelphia Fed Jan 7.3 down from 10.3 bad news
Crude Inventories 01/14 -3.438M down from 4.958M bad news
Existing Home Sales Dec 4.61M up from 4.42M
This Week
Jan 25 7:00 AM MBA Mortgage Index 01/21 - NA NA 23.1% -
Jan 25 10:00 AM Pending Home Sales Dec - -3.0% -3.0% 7.3% -
Jan 25 10:00 AM FHFA Housing Price Index Nov - NA NA -0.2% -
Jan 25 10:30 AM Crude Inventories 01/21 - NA NA -3.438M -
Jan 25 12:30 PM FOMC Rate Decision Jan - 0.25% 0.25% 0.25% -
Jan 26 8:30 AM Initial Claims 01/21 - 375K 375K 352K -
Jan 26 8:30 AM Continuing Claims 01/14 - 3550K 3550K 3432K -
Jan 26 8:30 AM Durable Orders Dec - 3.0% 2.0% 3.7% 3.8%
Jan 26 8:30 AM Durable Orders -ex Auto Dec - 1.0% 0.7% 0.3% -
Jan 26 10:00 AM New Home Sales Dec - 310K 322K 315K -
Jan 26 10:00 AM Leading Indicators Dec - 0.7% 0.7% 0.5% -
Jan 27 8:30 AM Chain Deflator-Adv. Q4 - NA NA 2.6% -
Jan 27 8:30 AM GDP-Adv. Q4 - 3.2% 3.1% 1.8% -
Jan 27 8:30 AM Chain Deflator-Adv. Q4 - 0.7% 1.5% 2.6% -
Jan 27 9:55 AM Michigan Sentiment - Final Jan
Market outlook January 23, 2012
World trade has now virtually collapsed.
We expect the markets will all form head-and-shoulder sell signals now.
The money thrown at alternate energy was part of the Obama vote buying and redistribution plan. The euphoria at this moment is totally due to the stock market recovery that we predict will end soon. The advance is now hitting its 200 DMA resistance level. Even if it breaks through as we expect markets will peak within the month, as euphoria seems to be near a high point. Because spending has accelerated the bankruptcy threat increases. The IMF was created and run by the USA to help developing countries. Now it is being taken over by socialists who will steal $500Billion from the developing countries. The proposed $500Billion theft of IMF funds by Europe Socialist will help bail out socialist George Soros.
The NYSE MACD is still bullish and implies we could see the bull market last until summer 2012. The upside cross over came in mid October in time to catch the last dip and the rally. But you can see that most stocks have not recovered yet.
http://www.martincapital.com/index.php?page=graph&view=macd
The VIX indicates extreme complacency now. A sharp computer sell-off could end the current rally any time now and trigger stop-losses with huge losses. When a computer sell-off occurs the stop losses execute too slow compared to the high-speed computer execution of orders.
http://finance.yahoo.com/q/bc?s=%5EVIX&t=2y&l=on&z=m&q=l&c=
We predict we are near the end of this stock market recovery. The downside risk exceeds the upside potential and it is time to lighten up. http://finance.yahoo.com/echarts?s=^NYA+Interactive#chart1:symbol=^nya;range=5y;indicator=ema(200,100)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined
Bulk shipments have collapsed to the lowest world bulk trade level that existed since Obama declared the USA was in a depression in one of his 2007-2008 campaign speeches. It is now less than 7% of the international trade that existed just before Obama was elected. This means China and India could now enter the Obama depression.
http://www.bloomberg.com/apps/quote?ticker=BDIY:IND
Stock market update:
Asian Stock markets were flat last night. China closed, Hong Kong closed, India up 0.0%, and Japan down 0%
European markets are up today in a range +0% to 1% half way through their day.
American market futures are up about 0.4% in after hour trading at 9 AM EST. We are near the end of this rally now. We estimate the peak soon in a head-and-shoulders sell signal. The best news for American and world economies and markets would be for Obama to decide not to run so that the Democrats can have a competent candidate not a socialist fool running. Senator Obama created his Great Depression when he announced it during his campaign and then Senator Dodd leaked secret Banking Committee information that caused the run on the first bank for Obama. Only a world class idiot would raise the specter of a Great Depression to get himself elected.
Thorsten Heins is the new CEO of RIM. He joined RIMM four years ago from Siemens AG. RIMM has dropped 80% from its high and sales have dropped over 90%.
Gingrich won the primary in S. Carolina but will be out of politics for good after this run because he took $1,600,000 in fees from Freddie and Fannie the Obama-Holden liar loan mortgage firms that put all the private mortgage firms out of business and caused the Obama Depression.
World markets
Germany, Switzerland and Brazil have broken their 200 DMA resistance levels. It remains to be seen if they can remain above that level.
Solar stocks plunged around the world after Obama’s Solyndra supply side production disaster evolved. Now Germany, recently the largest market for panels, said it will cut subsidized rates and phase out demand side support for the industry.
The World Bank cut its forecast for global growth including China, by the most in three years to 2.5%
George Soros wants Europe to steal $500Billion of IMF funds from developing countries to buy his European damaged debt, which will face default later. The Europeans have displaced America which started the IMF with American money and was originally intended to help developing countries. Bankrupt socialist states and socialist George Soros see it as another “elephant” to eat to stay afloat a little longer at the expense of the undeveloped world. Socialists live by the “law of the jungle.”
We expect the markets will all form head-and-shoulder sell signals after breaking their 200 DMA.
Asian markets (especially China) are failing to break out some on the second and third times at resistance levels. China’s stocks could fall 50% from here if Obama’s announced “Great Depression” spreads there too.
http://finance.yahoo.com/q/ta?s=000001.SS&t=2y&l=on&z=l&q=l&p=e200%2Ce100&a=&c=
Germany broke through the resistance levels: Choose 2 or 5 years
http://finance.yahoo.com/echarts?s=%5EGDAXI+Interactive#chart2:symbol=^gdaxi;range=2y;indicator=ema(200,100)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on
The Swiss broke through the resistance levels. Choose 2 or 5 years http://finance.yahoo.com/echarts?s=%5ESSMI+Interactive#chart1:symbol=^ssmi;range=2y;indicator=ema(200,100)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined
Emerging markets show strength. Brazil broke through
http://finance.yahoo.com/echarts?s=^BVSP+Interactive#chart1:symbol=^bvsp;range=2y;indicator=ema(100,200)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined
American Economy
Last weeks reports
Empire Manufacturing Index up Jan to 13.5 from December’s 9.5 and shows manufacturing still doing well. Chinese goods are seeing sharp price rises as China’s wages get better for their workers.
MBA Mortgage Index 01/14 jumped to 23.1% from +4.5% Time to sell
MBA Mortgage Purchase Index 01/14 - NA
PPI Dec -0.1% dropped from 0.3%
Core PPI Dec 0.3% increased from 0.1% That is 3.6% core inflation which is much higher than the fed limit of 2.5%.
Net Long-Term TIC Flows Nov increased to $59.8B from $4.8B indicating foreign money China) may have been responsible for this rise in American stock prices.
Industrial Production Dec 0.4% much improved from -0.2% last month.
Capacity Utilization Dec 78.1% up from 77.8%
NAHB Housing Market Index Jan 25 up from 21 time to sell American housing stocks as they temporarily peak and buy again at lows. Obama is still giving his folks liar loans.
Initial Claims 01/14 352K down from 399K Socialist lie
Continuing Claims 01/07 3432K down from 3628K Socialist lie
Core CPI Dec NA from 0.0% - Socialist deceit
CPI Dec 0.0% 0.0%
Core CPI Dec 0.1% down from 0.2% Socialist lie
CPI Dec - NA from 0.2% - Socialist deceit
Housing Starts Dec 657K down from 685K bad news
Building Permits Dec 679K down from 681K bad news
Philadelphia Fed Jan 7.3 down from 10.3 bad news
Crude Inventories 01/14 -3.438M down from 4.958M bad news
Existing Home Sales Dec 4.61M up from 4.42M
This Week
Jan 25 7:00 AM MBA Mortgage Index 01/21 - NA NA 23.1% -
Jan 25 10:00 AM Pending Home Sales Dec - -3.0% -3.0% 7.3% -
Jan 25 10:00 AM FHFA Housing Price Index Nov - NA NA -0.2% -
Jan 25 10:30 AM Crude Inventories 01/21 - NA NA -3.438M -
Jan 25 12:30 PM FOMC Rate Decision Jan - 0.25% 0.25% 0.25% -
Jan 26 8:30 AM Initial Claims 01/21 - 375K 375K 352K -
Jan 26 8:30 AM Continuing Claims 01/14 - 3550K 3550K 3432K -
Jan 26 8:30 AM Durable Orders Dec - 3.0% 2.0% 3.7% 3.8%
Jan 26 8:30 AM Durable Orders -ex Auto Dec - 1.0% 0.7% 0.3% -
Jan 26 10:00 AM New Home Sales Dec - 310K 322K 315K -
Jan 26 10:00 AM Leading Indicators Dec - 0.7% 0.7% 0.5% -
Jan 27 8:30 AM Chain Deflator-Adv. Q4 - NA NA 2.6% -
Jan 27 8:30 AM GDP-Adv. Q4 - 3.2% 3.1% 1.8% -
Jan 27 8:30 AM Chain Deflator-Adv. Q4 - 0.7% 1.5% 2.6% -
Jan 27 9:55 AM Michigan Sentiment - Final Jan
Market outlook January 23, 2012
World trade has now virtually collapsed.
We expect the markets will all form head-and-shoulder sell signals now.
The money thrown at alternate energy was part of the Obama vote buying and redistribution plan. The euphoria at this moment is totally due to the stock market recovery that we predict will end soon. The advance is now hitting its 200 DMA resistance level. Even if it breaks through as we expect markets will peak within the month, as euphoria seems to be near a high point. Because spending has accelerated the bankruptcy threat increases. The IMF was created and run by the USA to help developing countries. Now it is being taken over by socialists who will steal $500Billion from the developing countries. The proposed $500Billion theft of IMF funds by Europe Socialist will help bail out socialist George Soros.
The NYSE MACD is still bullish and implies we could see the bull market last until summer 2012. The upside cross over came in mid October in time to catch the last dip and the rally. But you can see that most stocks have not recovered yet.
http://www.martincapital.com/index.php?page=graph&view=macd
The VIX indicates extreme complacency now. A sharp computer sell-off could end the current rally any time now and trigger stop-losses with huge losses. When a computer sell-off occurs the stop losses execute too slow compared to the high-speed computer execution of orders.
http://finance.yahoo.com/q/bc?s=%5EVIX&t=2y&l=on&z=m&q=l&c=
We predict we are near the end of this stock market recovery. The downside risk exceeds the upside potential and it is time to lighten up. http://finance.yahoo.com/echarts?s=^NYA+Interactive#chart1:symbol=^nya;range=5y;indicator=ema(200,100)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined
Bulk shipments have collapsed to the lowest world bulk trade level that existed since Obama declared the USA was in a depression in one of his 2007-2008 campaign speeches. It is now less than 7% of the international trade that existed just before Obama was elected. This means China and India could now enter the Obama depression.
http://www.bloomberg.com/apps/quote?ticker=BDIY:IND
Stock market update:
Asian Stock markets were flat last night. China closed, Hong Kong closed, India up 0.0%, and Japan down 0%
European markets are up today in a range +0% to 1% half way through their day.
American market futures are up about 0.4% in after hour trading at 9 AM EST. We are near the end of this rally now. We estimate the peak soon in a head-and-shoulders sell signal. The best news for American and world economies and markets would be for Obama to decide not to run so that the Democrats can have a competent candidate not a socialist fool running. Senator Obama created his Great Depression when he announced it during his campaign and then Senator Dodd leaked secret Banking Committee information that caused the run on the first bank for Obama. Only a world class idiot would raise the specter of a Great Depression to get himself elected.
Friday, January 20, 2012
It is disingenuous and moronic to delay the Canada pipeline.
It is disingenuous and moronic to delay the Canada pipeline. The Government labs signed off on it. It is Obama bozone politics as usual. This is reminiscent of Jimmy Carter’s shortages that caused stagflation and lost his election to supply side Ronald Reagan.
Gingrich will be out of politics for good because he took $1,600,000 in fees from Freddie and Fannie the Obama-Holden liar loan mortgage firms that put all the private mortgage firms out of business and caused the Obama Depression.
George Soros’s is worried that Denmark’s mortgage credit system will fail next and take down their banks where he is heavily invested. He made that public because the drug culture presents a special risk in Denmark that he had not accounted for. Sound homeowners can get out of their mortgages there if the derivatives market collapses because their mortgage is securitized by traded derivatives which sound homeowners can buy at fire sales if the homeowner wishes to cash in on the demise of Soros’s poor investments. And that decision is all up to the homeowner not socialist George Soros.
The new vocabulary words of the Obama era.
1. Ignoranus: An Obama socialist advisor, one who's both stupid and an asshole.
2. Cashtration (n.): The act of buying a house, while Obama and Holden are still permitting liar loans.
3. Intaxicaton: Euphoria at getting an Obama payroll tax refund, which lasts until you realize it was for your future Social Security and you will have to eat dog food like many seniors had to do under Jimmy Carter.
4. RepubliKarmageddon: It's like, when everybody is sending off all these really bad vibes in Obama’s Congress, right? And then, like, the Earth explodes and it's like, a real serious bummer.
5. Bozone ( n.): The substance surrounding Al Gore that stops intelligent thought from penetrating. The bozone layer, unfortunately, is causing the signs of global warming.
6. Dopeler Effect: The tendency of Obama’s new jobs ideas to seem smarter when they come at you rapidly, and dumber as they all fade away.
The corporation Obama hired to re-organize GM was the same one where Mitt Romney worked. The disingenuous ignoranis Obama campaign plans to attack Mitt Romney saying he was a corporation raider and job destroyer like Gordon Gekko: in the 1987 movie, Wall Street. Gordon Gekko in it says, “Now you're not naive enough to think we're living in a democracy, are you buddy? It's the free market. And you're a part of it.” Too bad Obama doesn’t know that the free market does not work in a dictatorship of a communist majority where 98 to 99% vote for socialist bozo the evil clown who promises everything and delivers murder and poverty.
America is the land of liberty and liberty is the source of free enterprise which is what works in a bottoms up free society. The top down socialist, communist, fascist, Nazi, or any other supreme government ruler society never lasted longer than it took to eat the economic elephant they killed. Socialist nations become starving tribes so they kill off their economic elephants and feast until there are none left and then they go back to starvation. Killing and stealing everything they could kept the USSR alive for about 80 years. They killed all their entrepreneurs who knew how to create, how earn a profit. The true socialist knows that all true socialists think that profit is an evil expropriation of the worker’s labor. That is what Karl Marx believed and Mao believed and what Obama believes. But profit comes from the usefulness of the product, and loss comes from the cost of labor. Net profit comes from the difference. We can make things 99% with machines and that is in no way the fruit of labor it is the fruit of human intelligence which socialist lack. American workers in offices are running computers that do 90% of the work and as a result they get four times the salary in the average world economic system and the corporation takes the other 50% of the difference. Americans are paid much more only because our machines do much of our work freeing Americans up to think and be creative, inventive, and risk takers.
And everyone who thought of himself as a supreme ruler was insanely evil and thought he had a right to plunder and murder. But the Founders of the American Republic and most intelligent people including Einstein believed that in this universe there could only be one supreme central ruler. The wannabes are all evil.
George Bush inherited the Recession and 911 and he never blamed Clinton for his Dot-Com Bubble, Enron, and rocket attacks on Afghanistan and the Mid-East. Obama caused his own “Obama Depression with Senators Reid and Dodd first with “Liar Loans” as their interpretation of affirmative action and then by stupidly declaring a “Great Depression” and thus causing a run on the banks (with the help of Dodd’s leaks) by lying in the Obama election campaign and blaming President Bush. Then Obama blamed Bush for all of America’s lost jobs as he goes out, publicly disgraces Americans showing soldiers who pissed on killers, and announces he is laying of 80,000 soldiers as part of his jobs stimulation package. When Obama was elected he made sure the economy would never recover with “Obama trickle up your leg, peeing economy.”
That is how Obama’s trickle up economy works.
He give $Billions of Liar-Loans (Obama and Holden still require them for affirmative action)
he gives reparations to people of his voting block who lie and say their great-grandparents did not get a fair share of government handouts they deserved as “farmers,” and so gives the $30 Billion reparations while bankrupting America.
and then he pees on the middle class working people’s legs buy removing their Social Security payment and says, “doesn’t that trickle up give you a warm feeling.
But Obama clearly plans to eliminate Social Security based on Worker Payroll contributions and go to strait welfare for senior citizens if he is re-elected. He started that by ending the payroll taxes that finance Social Security and plans to make that permanent. He plans to make Social Security straight trickle up Government Welfare where his lazy, lying, unemployable voting block gets an easy pass to lounge around from cradle to grave and true Americans must work until they are 70 years old. Obama tells workers that he has eliminated Payroll taxes that fund Social Security in order to stimulate the economy but Obama is lying, he is dismantling Social Security which had been the worker’s money and is replacing it with Welfare which is a politically based handout not an entitlement. “Rich” senior citizens who have $50,000 or a home will not even be entitled to Social Security any more until they lose their house. Poor unmarried women with four children will continue to get their “trickle” of $6000 per month welfare. Obama says why shouldn’t his voting block of lazy socialists have everything a working American has because he truly believes jobs are a gift from government. That is what happens to the brains of people who get a lifetime gift of welfare and liar loans based on their dysfunctional lifestyle.
World markets
Germany, Switzerland and Brazil have broken their 200 DMA resistance levels. It remains to be seen if they can remain above that level.
Solar stocks plunged around the world after Obama’s Solyndra supply side production disaster evolved. Now Germany, recently the largest market for panels, said it will cut subsidized rates and phase out demand side support for the industry.
It appears markets will peak within the month, as euphoria seems to be near a high point.
Denmark’s banks may join Greece and Italy and its drug culture presents a special investment risk that could destroy investors in the Danish banks and benefit young sober Danish homeowners who could then buy their securitised mortgages back from George Soros at fire sale low prices.
The World Bank cut its forecast for global growth including China, by the most in three years to 2.5%
George Soros wants Europe to steal $500Billion of IMF funds from developing countries to buy European damaged debt, which will face default later. The Europeans have displaced America which started the IMF with American money and was originally intended to help developing countries. Bankrupt socialist states and socialist George Soros see it as another “elephant” to eat to stay afloat a little longer at the expense of the undeveloped world. Socialists live by the “law of the jungle.”
We expect the markets will all form head-and-shoulder sell signals after breaking their 200 DMA.
Asian markets (especially China) are failing to break out some on the second and third times at resistance levels.
http://finance.yahoo.com/q/ta?s=000001.SS&t=2y&l=on&z=l&q=l&p=e200%2Ce100&a=&c=
Germany broke through the resistance levels: Choose 2 or 5 years
http://finance.yahoo.com/echarts?s=%5EGDAXI+Interactive#chart2:symbol=^gdaxi;range=2y;indicator=ema(200,100)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on
The Swiss broke through the resistance levels. Choose 2 or 5 years http://finance.yahoo.com/echarts?s=%5ESSMI+Interactive#chart1:symbol=^ssmi;range=2y;indicator=ema(200,100)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined
Emerging markets show strength. Brazil broke through
http://finance.yahoo.com/echarts?s=^BVSP+Interactive#chart1:symbol=^bvsp;range=2y;indicator=ema(100,200)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined
American Economy
Goldman Sachs profit fell 58%
This Week
Empire Manufacturing Index up Jan to 13.5 from December’s 9.5 and shows manufacturing still doing well. Chinese goods are seeing sharp price rises as China’s wages get better for their workers.
MBA Mortgage Index 01/14 jumped to 23.1% from +4.5% Time to sell
MBA Mortgage Purchase Index 01/14 - NA
PPI Dec -0.1% dropped from 0.3%
Core PPI Dec 0.3% increased from 0.1% That is 3.6% core inflation which is much higher than the fed limit of 2.5%.
Net Long-Term TIC Flows Nov increased to $59.8B from $4.8B indicating foreign money China) may have been responsible for this rise in American stock prices.
Industrial Production Dec 0.4% much improved from -0.2% last month.
Capacity Utilization Dec 78.1% up from 77.8%
NAHB Housing Market Index Jan 25 up from 21 time to sell American housing stocks as they temporarily peak and buy again at lows. Obama is still giving his folks liar loans.
Yesterday
Initial Claims 01/14 352K down from 399K Socialist lie
Continuing Claims 01/07 3432K down from 3628K Socialist lie
Core CPI Dec NA from 0.0% - Socialist deceit
CPI Dec 0.0% 0.0%
Core CPI Dec 0.1% down from 0.2% Socialist lie
CPI Dec - NA from 0.2% - Socialist deceit
Housing Starts Dec 657K down from 685K bad news
Building Permits Dec 679K down from 681K bad news
Philadelphia Fed Jan 7.3 down from 10.3 bad news
Crude Inventories 01/14 -3.438M down from 4.958M bad news
Today
Jan 20 10:00 AM Existing Home Sales Dec
Market outlook January 20, 2012
Bad news for housing after some good news until now and a run-up in housing stock prices. All the Obama leftist policies were either ignoranis or just lies. None of the important promised infrastructure building happened. The money that Obama sent to the states to stimulate infrastructure went to stimulate teacher, state, and other major union salary increases. The recovery rate is net zero because it can’t even match the FED target inflation rate of 2.5%. Obama fiscal stimulus did nothing but stimulate his voting base. He is giving his voting base close to $1Trillion per year and the money disappears to the likes of Leftist Corzine the MF Global chief executive and phony alternative energy projects like Solyndra where the California Democrat party was the only investor to make a to profit.
The money thrown at alternate energy went down the Obama vote buying crapper. The euphoria at the moment is totally due to the stock market recovery which we predicted and which we predict will end in less than a month from now. The advance is now hitting its 200 DMA resistance level. Even if breaks through as we expect
It appears markets will peak within the month, as euphoria seems to be near a high point. We estimate another 5% rise in US markets and a maximum of 8 % potential rise before the next significant decline. It is profit taking time as euphoria peaks again. Because spending has accelerated the bankruptcy threat increases. The proposed $500Billion theft of IMF funds by Europe Socialist is as obscene because it bails out socialist George Soros.
Once again the optimism in the western markets has no basis in any economic turn around as long as Obama is in office. The next rally may very well be based on the world believing America will throw the Obama socialists out. A stock market consolidation would be in order soon and then perhaps another advance. But the EU is still a problem. Obama military cutbacks could put an end to the slight improvements of this past quarter. But the last quarter appears to have been almost flat. Obama anti-incentive economic policies continue to destroy the very foundation of the American economy. He offers his constituents cradle to grave welfare, which is his way of buying their votes. The only employed Obama constituents have jobs where they just show up for 6 hrs and dole out welfare to his other constituents. The government welfare organization is not integrated… it is a majority of minorities and people of the wrong color have problems and need lawyers to help senior citizens who go broke and lost everything to the collapse of real estate due to Obama’s continuing liar loan government policy.
We expect the markets will all form head-and-shoulder sell signals after breaking their 200 DMA.
The NYSE MACD is definitely bullish and implies we could see the bull market last until November 2012. You can also see the down side cross over occurred in May-June of 2011 in plenty of time to get out of the stock market. The upside cross over came in mid October in time to catch the last dip and the rally. But you can see that most stocks have not recovered yet.
http://www.martincapital.com/index.php?page=graph&view=macd
Now Obama and Holden are suing the banks for the money the racist liars lost when the housing market collapsed all because the racist liars defaulted on the houses they purchased with liar loans and no source of income to make mortgage payments.
http://www.martincapital.com/index.php?page=graph&view=permits_and_construction
When it comes to jobs, Obama has to manipulate the government statistics just like all communists do to pretend things are better. December sales turned out to be faked Obama statistics. That improvement never existed.
http://www.martincapital.com/index.php?page=graph&view=unemployment
The VIX indicates complacency. That means the exuberant rally is now a good time to take profits and raise cash.
http://finance.yahoo.com/q/bc?s=%5EVIX&t=2y&l=on&z=m&q=l&c=
We predict we are near the end of this stock market recovery. The downside risk exceeds the upside potential and it is time to lighten up. Also, remember January was very good last year and the market went down significantly afterwards so January is not necessarily a good predictor for the year. View 5yr. See:
http://finance.yahoo.com/echarts?s=^NYA+Interactive#chart1:symbol=^nya;range=5y;indicator=ema(200,100)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined
Bulk shipments still at less than 20% of the bulk trade level that existed before Obama declared the USA was in a depression in one of his 2007-2008 campaign speeches. It is also slipping again.
http://www.bloomberg.com/apps/quote?ticker=BDIY:IND
Stock market update:
Asian Stock markets were up last night. China up 1%, Hong Kong up 0.8%, India up 0.6%, and Japan up 1.5%
European markets are down today in a range +0% to -0.7% half way through their day.
American market futures are down about -0.2% in after hour trading at 9 AM EST. We are near the end of this rally now. We estimate the peak within a month in a head-and-shoulders sell signal. The best news for American and world economies and markets would be for Obama to decide not to run so that the Democrats can have a competent candidate not a socialist running. Senator Obama created his Great Depression when he announced it during his campaign and then Senator Dodd leaked secret Banking Committee information that caused the run on the first bank for Obama.
Gingrich will be out of politics for good because he took $1,600,000 in fees from Freddie and Fannie the Obama-Holden liar loan mortgage firms that put all the private mortgage firms out of business and caused the Obama Depression.
George Soros’s is worried that Denmark’s mortgage credit system will fail next and take down their banks where he is heavily invested. He made that public because the drug culture presents a special risk in Denmark that he had not accounted for. Sound homeowners can get out of their mortgages there if the derivatives market collapses because their mortgage is securitized by traded derivatives which sound homeowners can buy at fire sales if the homeowner wishes to cash in on the demise of Soros’s poor investments. And that decision is all up to the homeowner not socialist George Soros.
The new vocabulary words of the Obama era.
1. Ignoranus: An Obama socialist advisor, one who's both stupid and an asshole.
2. Cashtration (n.): The act of buying a house, while Obama and Holden are still permitting liar loans.
3. Intaxicaton: Euphoria at getting an Obama payroll tax refund, which lasts until you realize it was for your future Social Security and you will have to eat dog food like many seniors had to do under Jimmy Carter.
4. RepubliKarmageddon: It's like, when everybody is sending off all these really bad vibes in Obama’s Congress, right? And then, like, the Earth explodes and it's like, a real serious bummer.
5. Bozone ( n.): The substance surrounding Al Gore that stops intelligent thought from penetrating. The bozone layer, unfortunately, is causing the signs of global warming.
6. Dopeler Effect: The tendency of Obama’s new jobs ideas to seem smarter when they come at you rapidly, and dumber as they all fade away.
The corporation Obama hired to re-organize GM was the same one where Mitt Romney worked. The disingenuous ignoranis Obama campaign plans to attack Mitt Romney saying he was a corporation raider and job destroyer like Gordon Gekko: in the 1987 movie, Wall Street. Gordon Gekko in it says, “Now you're not naive enough to think we're living in a democracy, are you buddy? It's the free market. And you're a part of it.” Too bad Obama doesn’t know that the free market does not work in a dictatorship of a communist majority where 98 to 99% vote for socialist bozo the evil clown who promises everything and delivers murder and poverty.
America is the land of liberty and liberty is the source of free enterprise which is what works in a bottoms up free society. The top down socialist, communist, fascist, Nazi, or any other supreme government ruler society never lasted longer than it took to eat the economic elephant they killed. Socialist nations become starving tribes so they kill off their economic elephants and feast until there are none left and then they go back to starvation. Killing and stealing everything they could kept the USSR alive for about 80 years. They killed all their entrepreneurs who knew how to create, how earn a profit. The true socialist knows that all true socialists think that profit is an evil expropriation of the worker’s labor. That is what Karl Marx believed and Mao believed and what Obama believes. But profit comes from the usefulness of the product, and loss comes from the cost of labor. Net profit comes from the difference. We can make things 99% with machines and that is in no way the fruit of labor it is the fruit of human intelligence which socialist lack. American workers in offices are running computers that do 90% of the work and as a result they get four times the salary in the average world economic system and the corporation takes the other 50% of the difference. Americans are paid much more only because our machines do much of our work freeing Americans up to think and be creative, inventive, and risk takers.
And everyone who thought of himself as a supreme ruler was insanely evil and thought he had a right to plunder and murder. But the Founders of the American Republic and most intelligent people including Einstein believed that in this universe there could only be one supreme central ruler. The wannabes are all evil.
George Bush inherited the Recession and 911 and he never blamed Clinton for his Dot-Com Bubble, Enron, and rocket attacks on Afghanistan and the Mid-East. Obama caused his own “Obama Depression with Senators Reid and Dodd first with “Liar Loans” as their interpretation of affirmative action and then by stupidly declaring a “Great Depression” and thus causing a run on the banks (with the help of Dodd’s leaks) by lying in the Obama election campaign and blaming President Bush. Then Obama blamed Bush for all of America’s lost jobs as he goes out, publicly disgraces Americans showing soldiers who pissed on killers, and announces he is laying of 80,000 soldiers as part of his jobs stimulation package. When Obama was elected he made sure the economy would never recover with “Obama trickle up your leg, peeing economy.”
That is how Obama’s trickle up economy works.
He give $Billions of Liar-Loans (Obama and Holden still require them for affirmative action)
he gives reparations to people of his voting block who lie and say their great-grandparents did not get a fair share of government handouts they deserved as “farmers,” and so gives the $30 Billion reparations while bankrupting America.
and then he pees on the middle class working people’s legs buy removing their Social Security payment and says, “doesn’t that trickle up give you a warm feeling.
But Obama clearly plans to eliminate Social Security based on Worker Payroll contributions and go to strait welfare for senior citizens if he is re-elected. He started that by ending the payroll taxes that finance Social Security and plans to make that permanent. He plans to make Social Security straight trickle up Government Welfare where his lazy, lying, unemployable voting block gets an easy pass to lounge around from cradle to grave and true Americans must work until they are 70 years old. Obama tells workers that he has eliminated Payroll taxes that fund Social Security in order to stimulate the economy but Obama is lying, he is dismantling Social Security which had been the worker’s money and is replacing it with Welfare which is a politically based handout not an entitlement. “Rich” senior citizens who have $50,000 or a home will not even be entitled to Social Security any more until they lose their house. Poor unmarried women with four children will continue to get their “trickle” of $6000 per month welfare. Obama says why shouldn’t his voting block of lazy socialists have everything a working American has because he truly believes jobs are a gift from government. That is what happens to the brains of people who get a lifetime gift of welfare and liar loans based on their dysfunctional lifestyle.
World markets
Germany, Switzerland and Brazil have broken their 200 DMA resistance levels. It remains to be seen if they can remain above that level.
Solar stocks plunged around the world after Obama’s Solyndra supply side production disaster evolved. Now Germany, recently the largest market for panels, said it will cut subsidized rates and phase out demand side support for the industry.
It appears markets will peak within the month, as euphoria seems to be near a high point.
Denmark’s banks may join Greece and Italy and its drug culture presents a special investment risk that could destroy investors in the Danish banks and benefit young sober Danish homeowners who could then buy their securitised mortgages back from George Soros at fire sale low prices.
The World Bank cut its forecast for global growth including China, by the most in three years to 2.5%
George Soros wants Europe to steal $500Billion of IMF funds from developing countries to buy European damaged debt, which will face default later. The Europeans have displaced America which started the IMF with American money and was originally intended to help developing countries. Bankrupt socialist states and socialist George Soros see it as another “elephant” to eat to stay afloat a little longer at the expense of the undeveloped world. Socialists live by the “law of the jungle.”
We expect the markets will all form head-and-shoulder sell signals after breaking their 200 DMA.
Asian markets (especially China) are failing to break out some on the second and third times at resistance levels.
http://finance.yahoo.com/q/ta?s=000001.SS&t=2y&l=on&z=l&q=l&p=e200%2Ce100&a=&c=
Germany broke through the resistance levels: Choose 2 or 5 years
http://finance.yahoo.com/echarts?s=%5EGDAXI+Interactive#chart2:symbol=^gdaxi;range=2y;indicator=ema(200,100)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on
The Swiss broke through the resistance levels. Choose 2 or 5 years http://finance.yahoo.com/echarts?s=%5ESSMI+Interactive#chart1:symbol=^ssmi;range=2y;indicator=ema(200,100)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined
Emerging markets show strength. Brazil broke through
http://finance.yahoo.com/echarts?s=^BVSP+Interactive#chart1:symbol=^bvsp;range=2y;indicator=ema(100,200)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined
American Economy
Goldman Sachs profit fell 58%
This Week
Empire Manufacturing Index up Jan to 13.5 from December’s 9.5 and shows manufacturing still doing well. Chinese goods are seeing sharp price rises as China’s wages get better for their workers.
MBA Mortgage Index 01/14 jumped to 23.1% from +4.5% Time to sell
MBA Mortgage Purchase Index 01/14 - NA
PPI Dec -0.1% dropped from 0.3%
Core PPI Dec 0.3% increased from 0.1% That is 3.6% core inflation which is much higher than the fed limit of 2.5%.
Net Long-Term TIC Flows Nov increased to $59.8B from $4.8B indicating foreign money China) may have been responsible for this rise in American stock prices.
Industrial Production Dec 0.4% much improved from -0.2% last month.
Capacity Utilization Dec 78.1% up from 77.8%
NAHB Housing Market Index Jan 25 up from 21 time to sell American housing stocks as they temporarily peak and buy again at lows. Obama is still giving his folks liar loans.
Yesterday
Initial Claims 01/14 352K down from 399K Socialist lie
Continuing Claims 01/07 3432K down from 3628K Socialist lie
Core CPI Dec NA from 0.0% - Socialist deceit
CPI Dec 0.0% 0.0%
Core CPI Dec 0.1% down from 0.2% Socialist lie
CPI Dec - NA from 0.2% - Socialist deceit
Housing Starts Dec 657K down from 685K bad news
Building Permits Dec 679K down from 681K bad news
Philadelphia Fed Jan 7.3 down from 10.3 bad news
Crude Inventories 01/14 -3.438M down from 4.958M bad news
Today
Jan 20 10:00 AM Existing Home Sales Dec
Market outlook January 20, 2012
Bad news for housing after some good news until now and a run-up in housing stock prices. All the Obama leftist policies were either ignoranis or just lies. None of the important promised infrastructure building happened. The money that Obama sent to the states to stimulate infrastructure went to stimulate teacher, state, and other major union salary increases. The recovery rate is net zero because it can’t even match the FED target inflation rate of 2.5%. Obama fiscal stimulus did nothing but stimulate his voting base. He is giving his voting base close to $1Trillion per year and the money disappears to the likes of Leftist Corzine the MF Global chief executive and phony alternative energy projects like Solyndra where the California Democrat party was the only investor to make a to profit.
The money thrown at alternate energy went down the Obama vote buying crapper. The euphoria at the moment is totally due to the stock market recovery which we predicted and which we predict will end in less than a month from now. The advance is now hitting its 200 DMA resistance level. Even if breaks through as we expect
It appears markets will peak within the month, as euphoria seems to be near a high point. We estimate another 5% rise in US markets and a maximum of 8 % potential rise before the next significant decline. It is profit taking time as euphoria peaks again. Because spending has accelerated the bankruptcy threat increases. The proposed $500Billion theft of IMF funds by Europe Socialist is as obscene because it bails out socialist George Soros.
Once again the optimism in the western markets has no basis in any economic turn around as long as Obama is in office. The next rally may very well be based on the world believing America will throw the Obama socialists out. A stock market consolidation would be in order soon and then perhaps another advance. But the EU is still a problem. Obama military cutbacks could put an end to the slight improvements of this past quarter. But the last quarter appears to have been almost flat. Obama anti-incentive economic policies continue to destroy the very foundation of the American economy. He offers his constituents cradle to grave welfare, which is his way of buying their votes. The only employed Obama constituents have jobs where they just show up for 6 hrs and dole out welfare to his other constituents. The government welfare organization is not integrated… it is a majority of minorities and people of the wrong color have problems and need lawyers to help senior citizens who go broke and lost everything to the collapse of real estate due to Obama’s continuing liar loan government policy.
We expect the markets will all form head-and-shoulder sell signals after breaking their 200 DMA.
The NYSE MACD is definitely bullish and implies we could see the bull market last until November 2012. You can also see the down side cross over occurred in May-June of 2011 in plenty of time to get out of the stock market. The upside cross over came in mid October in time to catch the last dip and the rally. But you can see that most stocks have not recovered yet.
http://www.martincapital.com/index.php?page=graph&view=macd
Now Obama and Holden are suing the banks for the money the racist liars lost when the housing market collapsed all because the racist liars defaulted on the houses they purchased with liar loans and no source of income to make mortgage payments.
http://www.martincapital.com/index.php?page=graph&view=permits_and_construction
When it comes to jobs, Obama has to manipulate the government statistics just like all communists do to pretend things are better. December sales turned out to be faked Obama statistics. That improvement never existed.
http://www.martincapital.com/index.php?page=graph&view=unemployment
The VIX indicates complacency. That means the exuberant rally is now a good time to take profits and raise cash.
http://finance.yahoo.com/q/bc?s=%5EVIX&t=2y&l=on&z=m&q=l&c=
We predict we are near the end of this stock market recovery. The downside risk exceeds the upside potential and it is time to lighten up. Also, remember January was very good last year and the market went down significantly afterwards so January is not necessarily a good predictor for the year. View 5yr. See:
http://finance.yahoo.com/echarts?s=^NYA+Interactive#chart1:symbol=^nya;range=5y;indicator=ema(200,100)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined
Bulk shipments still at less than 20% of the bulk trade level that existed before Obama declared the USA was in a depression in one of his 2007-2008 campaign speeches. It is also slipping again.
http://www.bloomberg.com/apps/quote?ticker=BDIY:IND
Stock market update:
Asian Stock markets were up last night. China up 1%, Hong Kong up 0.8%, India up 0.6%, and Japan up 1.5%
European markets are down today in a range +0% to -0.7% half way through their day.
American market futures are down about -0.2% in after hour trading at 9 AM EST. We are near the end of this rally now. We estimate the peak within a month in a head-and-shoulders sell signal. The best news for American and world economies and markets would be for Obama to decide not to run so that the Democrats can have a competent candidate not a socialist running. Senator Obama created his Great Depression when he announced it during his campaign and then Senator Dodd leaked secret Banking Committee information that caused the run on the first bank for Obama.
Wednesday, January 18, 2012
Republicans need to win only four seats to take control of the Senate.
Republicans need to win only four seats to take control of the Senate.
The corporation Obama hired to re-organize GM was the same one where Mitt Romney worked. The disingenuous ignoranis Obama campaign plans to attack Mitt Romney saying he was a corporation raider and job destroyer like Gordon Gekko: in the 1987 movie, Wall Street. Gordon Gekko in it says, “Now you're not naive enough to think we're living in a democracy, are you buddy? It's the free market. And you're a part of it.”
America is the land of liberty and liberty is the source of free enterprise which is what works in a bottoms up free society. There is no top down socialist, communist, fascist, Nazi, or any other supreme government ruler society that ever lasted longer than it took to eat the elephant they killed. Socialist nations are tribes that are starving so they kill off their economic elephants and feast until there are none left and then they go back to starvation. Killing and stealing everything they could kept the USSR alive for about 80 years. They killed all their entrepreneurs who knew how to create, how earn a profit. The true socialist knows that all true socialists think that profit is an evil expropriation of the worker’s labor. That is what Karl Marx believed and Mao believed and what Obama believes. But profit comes from the usefulness of the product, and loss comes from the cost of labor. Net profit comes from the difference. We can make things 99% with machines and that is in no way the fruit of labor it is the fruit of human intelligence which socialist lack. American workers in offices are running computers that do 90% of the work and as a result they get four times the salary in the average world economic system and the corporation takes the other 50% of the difference. Americans are paid much more only because our machines do much of our work freeing Americans up to think and be creative, inventive, and risk takers.And everyone who thought of himself as a supreme ruler was insanely evil and thought he had a right to plunder and murder. But the Founders of the American Republic and most intelligent people including Einstein believed that in this universe there could only be one supreme central ruler. The wannabes are all evil.
It is disingenuous for Obama to say the Canada pipeline has not been studied. The Government labs signed off on it. It is ignoranus presidential politics as usual.
Doug’s new words for the Obama dictionary
1. Cashtration (n.): The act of buying a house, while Obama and Holden are still permitting liar loans.
2. Ignoranus: A socialist, one who's both stupid and an asshole.
3. Intaxicaton: Euphoria at getting a payroll tax refund, which lasts until you realize it was for your future Social Security and you will have to eat dog food like many seniors had to do under Jimmy Carter.
4. RepubliKarmageddon: It's like, when everybody is sending off all these really bad vibes in Congress, right? And then, like, the Earth explodes and it's like, a real serious bummer.
5. Bozone ( n.): The substance surrounding Al Gore that stops intelligent thought from penetrating. The bozone layer, unfortunately, is causing the signs of global warming.
6. Dopeler Effect: The tendency of Obama’s new jobs ideas to seem smarter when they come at you rapidly, and dumber as they go away.
George Bush inherited the Recession and 911 and he never blamed Clinton for his Dot-Com Bubble, Enron, and rocket attacks on Afghanistan and the Mid-East. Obama caused his own “Obama Depression with Senators Reid and Dodd first with “Liar Loans” as their interpretation of affirmative action and then by stupidly declaring a “Great Depression” and thus causing a run on the banks (with the help of Dodd’s leaks) by lying in the Obama election campaign and blaming President Bush. Then Obama blamed Bush for all of America’s lost jobs as he goes out, publicly disgraces Americans showing soldiers who pissed on killers, and announces he is laying of 80,000 soldiers as part of his jobs stimulation package. When Obama was elected he made sure the economy would never recover with “Obama trickle up your leg, peeing economy.”
That is how Obama’s trickle up economy works.
He give $Billions of Liar-Loans (Obama and Holden still require them for affirmative action)
he gives reparations to people of his voting block who lie and say their great-grandparents did not get a fair share of government handouts they deserved as “farmers,” and so gives the $30 Billion reparations while bankrupting America.
and then he pees on the middle class working people’s legs buy removing their Social Security payment and says, “doesn’t that trickle up give you a warm feeling.
But Obama clearly plans to eliminate Social Security based on Worker Payroll contributions and go to strait welfare for senior citizens if he is re-elected. He started that by ending the payroll taxes that finance Social Security and plans to make that permanent. He plans to make Social Security straight trickle up Government Welfare where his lazy, lying, unemployable voting block gets an easy pass to lounge around from cradle to grave and true Americans must work until they are 70 years old. Obama tells workers that he has eliminated Payroll taxes that fund Social Security in order to stimulate the economy but Obama is lying, he is dismantling Social Security which had been the worker’s money and is replacing it with Welfare which is a politically based handout not an entitlement. “Rich” senior citizens who have $50,000 or a home will not even be entitled to Social Security any more until they lose their house. Poor unmarried women with four children will continue to get their “trickle” of $6000 per month welfare. Obama says why shouldn’t his voting block of lazy socialists have everything a working American has because he truly believes jobs are a gift from government. That is what happens to the brains of people who get a lifetime gift of welfare and liar loans based on their dysfunctional lifestyle.
World markets
The World Bank cut its forecast for global growth including China, by the most in three years to 2.5%
Europeans want to steal $500Billion of IMF funds from developing countries to buy European damaged debt, which will face default later. The Europeans have displaced America which started the IMF with American money and was originally intended to help developing countries. Bankrupt socialist states see it as another “elephant” to eat to stay afloat a little longer.
Gross domestic product in China, the world’s second-largest economy, grew 8.9 percent in the fourth quarter. China may invest in the world stock markets. That means they will inevitably cause a bubble and instability. Also they will not be transparent in their dealings and will add to market uncertainty.
Asian markets (especially China) are failing to break out some on the second and third times at resistance levels.
http://finance.yahoo.com/intlindices?e=asia
Germany is showing strength: Choose 2 or 5 years
http://finance.yahoo.com/echarts?s=%5EGDAXI+Interactive#chart2:symbol=^gdaxi;range=2y;indicator=ema(200,100)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on
The Swiss are showing strength. Choose 2 or 5 years http://finance.yahoo.com/echarts?s=%5ESSMI+Interactive#chart1:symbol=^ssmi;range=2y;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined
Emerging markets show strength.
http://finance.yahoo.com/echarts?s=^BVSP+Interactive#chart1:symbol=^bvsp;range=2y;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefine
American Economy
Goldman Sachs profit fell 58%
Empire Manufacturing Index up Jan to 13.5 from December’s 9.5 and shows manufacturing still doing well. Chinese goods are seeing sharp price rises as China’s wages get better for their workers.
Today
Jan 18 7:00 AM MBA Mortgage Index 01/14
Jan 18 7:00 AM MBA Mortgage Purchase Index 01/14
Jan 18 8:30 AM PPI Dec
Jan 18 8:30 AM Core PPI Dec
Jan 18 9:00 AM Net Long-Term TIC Flows Nov-
Jan 18 9:15 AM Industrial Production Dec
Jan 18 9:15 AM Capacity Utilization Dec
Jan 18 10:00 AM NAHB Housing Market Index Jan
This Week
Jan 19 8:30 AM Initial Claims 01/14
Jan 19 8:30 AM Continuing Claims 01/07
Jan 19 8:30 AM Core CPI Dec
Jan 19 8:30 AM CPI Dec
Jan 19 8:30 AM Core CPI Dec
Jan 19 8:30 AM CPI Dec
Jan 19 8:30 AM Housing Starts Dec
Jan 19 8:30 AM Building Permits Dec
Jan 19 10:00 AM Philadelphia Fed Jan
Jan 19 11:00 AM Crude Inventories 01/14
Jan 20 10:00 AM Existing Home Sales Dec
Market outlook January 18, 2012
US inflation remains below 2.5% meaning that Gold and Silver are now sucker investments executed at high commissions. Both commodities peaked last year. We predict that gold which sold for under $300/oz in 2000 will be selling below $800/0z by 2020. That is a long time to wait to take the loss. The loss is a lot smaller right now.
Stocks and copper prices climbed to the highest in almost four months as China’s economic slowdown fueled speculation China’s monetary policy will ease. But that is just an example of ignoranus advertising to get people to pay commissions and paying high fees to buy gold and commodities while there is no other demand. They make up these stories because they are going broke on their bad investments and need more cash from novice investors.
Earnings reports in January are not likely to be good because the real growth (growth-2.5% inflation) was still negative. We have pointed out negative growth for several quarters now where the growth is less than even the feeble inflation rate.
A stock market consolidation would be in order soon and then perhaps another advance. But the EU is still a problem. Obama military cutbacks could put an end to the slight improvements of this past quarter. But the last quarter appears to have been almost flat. Obama anti-incentive economic policies continue to destroy the very foundation of the American economy. He offers his constituents cradle to grave welfare, which is his way of buying their votes. The only employed Obama constituents have jobs where they just show up for 6 hrs and dole out welfare to his other constituents. The government welfare organization is not integrated… it is a majority of minorities and people of the wrong color have problems and need lawyers to help senior citizens who go broke and lost everything to the collapse of real estate due to Obama’s continuing liar loan government policy.
The NYSE MACD is definitely bullish and implies we could see the bull market last until November 2012. You can also see the down side cross over occurred in May-June of 2011 in plenty of time to get out of the stock market. The upside cross over came in mid October in time to catch the last dip and the rally. But you can see that most stocks have not recovered yet.
http://www.martincapital.com/index.php?page=graph&view=macd
Now Obama and Holden are suing the banks for the money the racist liars lost when the housing market collapsed all because the racist liars defaulted on the houses they purchased with liar loans and no source of income to make mortgage payments.
http://www.martincapital.com/index.php?page=graph&view=permits_and_construction
When it comes to jobs, Obama has to manipulate the government statistics just like all communists do to pretend things are better. Sales are up because consumers have been refinancing at lower rate and dropping their monthly expenses. That improvement can only last a couple months http://www.martincapital.com/index.php?page=graph&view=unemployment
The VIX has is approaching 20 which would indicate complacency. That means the coming exuberant rally will be a good time to take profits and raise cash.
http://finance.yahoo.com/q/bc?s=%5EVIX&t=6m&l=on&z=m&q=l&c=
We predict we could possibly have as much as 95% stock market recovery. But realize that as the upside potential is approached, then the downside risk exceeds the upside potential and it is time to lighten up. Also, remember January was very good last year and the market went down significantly afterwards so January is not necessarily a good predictor for the year. View 1yr. See:
http://finance.yahoo.com/echarts?s=^NYA+Interactive#chart4:symbol=^nya;range=1y;indicator=ema(200,100)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined
Bulk shipments still at less than 20% of the bulk trade level that existed before Obama declared the USA was in a depression in one of his 2007-2008 campaign speeches. It is also slipping again.
http://www.bloomberg.com/apps/quote?ticker=BDIY:IND
Stock market update:
Asian Stock markets were mixed last night. China down –1.4%, Hong Kong up 0.3%, India down -0.1%, and Japan up 1%
European markets are mixed today in a range -0.3% to +0.4% with Italy a high outlier half way through their day.
American market futures are up about 0.3% in after hour trading at 8 AM EST. We may be the end of this Fall rally now. It could continue but erratically. It is getting precarious. Bull markets creep up and then the Hedge funds chop off their heads.
The corporation Obama hired to re-organize GM was the same one where Mitt Romney worked. The disingenuous ignoranis Obama campaign plans to attack Mitt Romney saying he was a corporation raider and job destroyer like Gordon Gekko: in the 1987 movie, Wall Street. Gordon Gekko in it says, “Now you're not naive enough to think we're living in a democracy, are you buddy? It's the free market. And you're a part of it.”
America is the land of liberty and liberty is the source of free enterprise which is what works in a bottoms up free society. There is no top down socialist, communist, fascist, Nazi, or any other supreme government ruler society that ever lasted longer than it took to eat the elephant they killed. Socialist nations are tribes that are starving so they kill off their economic elephants and feast until there are none left and then they go back to starvation. Killing and stealing everything they could kept the USSR alive for about 80 years. They killed all their entrepreneurs who knew how to create, how earn a profit. The true socialist knows that all true socialists think that profit is an evil expropriation of the worker’s labor. That is what Karl Marx believed and Mao believed and what Obama believes. But profit comes from the usefulness of the product, and loss comes from the cost of labor. Net profit comes from the difference. We can make things 99% with machines and that is in no way the fruit of labor it is the fruit of human intelligence which socialist lack. American workers in offices are running computers that do 90% of the work and as a result they get four times the salary in the average world economic system and the corporation takes the other 50% of the difference. Americans are paid much more only because our machines do much of our work freeing Americans up to think and be creative, inventive, and risk takers.And everyone who thought of himself as a supreme ruler was insanely evil and thought he had a right to plunder and murder. But the Founders of the American Republic and most intelligent people including Einstein believed that in this universe there could only be one supreme central ruler. The wannabes are all evil.
It is disingenuous for Obama to say the Canada pipeline has not been studied. The Government labs signed off on it. It is ignoranus presidential politics as usual.
Doug’s new words for the Obama dictionary
1. Cashtration (n.): The act of buying a house, while Obama and Holden are still permitting liar loans.
2. Ignoranus: A socialist, one who's both stupid and an asshole.
3. Intaxicaton: Euphoria at getting a payroll tax refund, which lasts until you realize it was for your future Social Security and you will have to eat dog food like many seniors had to do under Jimmy Carter.
4. RepubliKarmageddon: It's like, when everybody is sending off all these really bad vibes in Congress, right? And then, like, the Earth explodes and it's like, a real serious bummer.
5. Bozone ( n.): The substance surrounding Al Gore that stops intelligent thought from penetrating. The bozone layer, unfortunately, is causing the signs of global warming.
6. Dopeler Effect: The tendency of Obama’s new jobs ideas to seem smarter when they come at you rapidly, and dumber as they go away.
George Bush inherited the Recession and 911 and he never blamed Clinton for his Dot-Com Bubble, Enron, and rocket attacks on Afghanistan and the Mid-East. Obama caused his own “Obama Depression with Senators Reid and Dodd first with “Liar Loans” as their interpretation of affirmative action and then by stupidly declaring a “Great Depression” and thus causing a run on the banks (with the help of Dodd’s leaks) by lying in the Obama election campaign and blaming President Bush. Then Obama blamed Bush for all of America’s lost jobs as he goes out, publicly disgraces Americans showing soldiers who pissed on killers, and announces he is laying of 80,000 soldiers as part of his jobs stimulation package. When Obama was elected he made sure the economy would never recover with “Obama trickle up your leg, peeing economy.”
That is how Obama’s trickle up economy works.
He give $Billions of Liar-Loans (Obama and Holden still require them for affirmative action)
he gives reparations to people of his voting block who lie and say their great-grandparents did not get a fair share of government handouts they deserved as “farmers,” and so gives the $30 Billion reparations while bankrupting America.
and then he pees on the middle class working people’s legs buy removing their Social Security payment and says, “doesn’t that trickle up give you a warm feeling.
But Obama clearly plans to eliminate Social Security based on Worker Payroll contributions and go to strait welfare for senior citizens if he is re-elected. He started that by ending the payroll taxes that finance Social Security and plans to make that permanent. He plans to make Social Security straight trickle up Government Welfare where his lazy, lying, unemployable voting block gets an easy pass to lounge around from cradle to grave and true Americans must work until they are 70 years old. Obama tells workers that he has eliminated Payroll taxes that fund Social Security in order to stimulate the economy but Obama is lying, he is dismantling Social Security which had been the worker’s money and is replacing it with Welfare which is a politically based handout not an entitlement. “Rich” senior citizens who have $50,000 or a home will not even be entitled to Social Security any more until they lose their house. Poor unmarried women with four children will continue to get their “trickle” of $6000 per month welfare. Obama says why shouldn’t his voting block of lazy socialists have everything a working American has because he truly believes jobs are a gift from government. That is what happens to the brains of people who get a lifetime gift of welfare and liar loans based on their dysfunctional lifestyle.
World markets
The World Bank cut its forecast for global growth including China, by the most in three years to 2.5%
Europeans want to steal $500Billion of IMF funds from developing countries to buy European damaged debt, which will face default later. The Europeans have displaced America which started the IMF with American money and was originally intended to help developing countries. Bankrupt socialist states see it as another “elephant” to eat to stay afloat a little longer.
Gross domestic product in China, the world’s second-largest economy, grew 8.9 percent in the fourth quarter. China may invest in the world stock markets. That means they will inevitably cause a bubble and instability. Also they will not be transparent in their dealings and will add to market uncertainty.
Asian markets (especially China) are failing to break out some on the second and third times at resistance levels.
http://finance.yahoo.com/intlindices?e=asia
Germany is showing strength: Choose 2 or 5 years
http://finance.yahoo.com/echarts?s=%5EGDAXI+Interactive#chart2:symbol=^gdaxi;range=2y;indicator=ema(200,100)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on
The Swiss are showing strength. Choose 2 or 5 years http://finance.yahoo.com/echarts?s=%5ESSMI+Interactive#chart1:symbol=^ssmi;range=2y;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined
Emerging markets show strength.
http://finance.yahoo.com/echarts?s=^BVSP+Interactive#chart1:symbol=^bvsp;range=2y;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefine
American Economy
Goldman Sachs profit fell 58%
Empire Manufacturing Index up Jan to 13.5 from December’s 9.5 and shows manufacturing still doing well. Chinese goods are seeing sharp price rises as China’s wages get better for their workers.
Today
Jan 18 7:00 AM MBA Mortgage Index 01/14
Jan 18 7:00 AM MBA Mortgage Purchase Index 01/14
Jan 18 8:30 AM PPI Dec
Jan 18 8:30 AM Core PPI Dec
Jan 18 9:00 AM Net Long-Term TIC Flows Nov-
Jan 18 9:15 AM Industrial Production Dec
Jan 18 9:15 AM Capacity Utilization Dec
Jan 18 10:00 AM NAHB Housing Market Index Jan
This Week
Jan 19 8:30 AM Initial Claims 01/14
Jan 19 8:30 AM Continuing Claims 01/07
Jan 19 8:30 AM Core CPI Dec
Jan 19 8:30 AM CPI Dec
Jan 19 8:30 AM Core CPI Dec
Jan 19 8:30 AM CPI Dec
Jan 19 8:30 AM Housing Starts Dec
Jan 19 8:30 AM Building Permits Dec
Jan 19 10:00 AM Philadelphia Fed Jan
Jan 19 11:00 AM Crude Inventories 01/14
Jan 20 10:00 AM Existing Home Sales Dec
Market outlook January 18, 2012
US inflation remains below 2.5% meaning that Gold and Silver are now sucker investments executed at high commissions. Both commodities peaked last year. We predict that gold which sold for under $300/oz in 2000 will be selling below $800/0z by 2020. That is a long time to wait to take the loss. The loss is a lot smaller right now.
Stocks and copper prices climbed to the highest in almost four months as China’s economic slowdown fueled speculation China’s monetary policy will ease. But that is just an example of ignoranus advertising to get people to pay commissions and paying high fees to buy gold and commodities while there is no other demand. They make up these stories because they are going broke on their bad investments and need more cash from novice investors.
Earnings reports in January are not likely to be good because the real growth (growth-2.5% inflation) was still negative. We have pointed out negative growth for several quarters now where the growth is less than even the feeble inflation rate.
A stock market consolidation would be in order soon and then perhaps another advance. But the EU is still a problem. Obama military cutbacks could put an end to the slight improvements of this past quarter. But the last quarter appears to have been almost flat. Obama anti-incentive economic policies continue to destroy the very foundation of the American economy. He offers his constituents cradle to grave welfare, which is his way of buying their votes. The only employed Obama constituents have jobs where they just show up for 6 hrs and dole out welfare to his other constituents. The government welfare organization is not integrated… it is a majority of minorities and people of the wrong color have problems and need lawyers to help senior citizens who go broke and lost everything to the collapse of real estate due to Obama’s continuing liar loan government policy.
The NYSE MACD is definitely bullish and implies we could see the bull market last until November 2012. You can also see the down side cross over occurred in May-June of 2011 in plenty of time to get out of the stock market. The upside cross over came in mid October in time to catch the last dip and the rally. But you can see that most stocks have not recovered yet.
http://www.martincapital.com/index.php?page=graph&view=macd
Now Obama and Holden are suing the banks for the money the racist liars lost when the housing market collapsed all because the racist liars defaulted on the houses they purchased with liar loans and no source of income to make mortgage payments.
http://www.martincapital.com/index.php?page=graph&view=permits_and_construction
When it comes to jobs, Obama has to manipulate the government statistics just like all communists do to pretend things are better. Sales are up because consumers have been refinancing at lower rate and dropping their monthly expenses. That improvement can only last a couple months http://www.martincapital.com/index.php?page=graph&view=unemployment
The VIX has is approaching 20 which would indicate complacency. That means the coming exuberant rally will be a good time to take profits and raise cash.
http://finance.yahoo.com/q/bc?s=%5EVIX&t=6m&l=on&z=m&q=l&c=
We predict we could possibly have as much as 95% stock market recovery. But realize that as the upside potential is approached, then the downside risk exceeds the upside potential and it is time to lighten up. Also, remember January was very good last year and the market went down significantly afterwards so January is not necessarily a good predictor for the year. View 1yr. See:
http://finance.yahoo.com/echarts?s=^NYA+Interactive#chart4:symbol=^nya;range=1y;indicator=ema(200,100)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined
Bulk shipments still at less than 20% of the bulk trade level that existed before Obama declared the USA was in a depression in one of his 2007-2008 campaign speeches. It is also slipping again.
http://www.bloomberg.com/apps/quote?ticker=BDIY:IND
Stock market update:
Asian Stock markets were mixed last night. China down –1.4%, Hong Kong up 0.3%, India down -0.1%, and Japan up 1%
European markets are mixed today in a range -0.3% to +0.4% with Italy a high outlier half way through their day.
American market futures are up about 0.3% in after hour trading at 8 AM EST. We may be the end of this Fall rally now. It could continue but erratically. It is getting precarious. Bull markets creep up and then the Hedge funds chop off their heads.
Tuesday, January 17, 2012
The corporation Obama hired to re-organize GM was the same one where Mitt Romney worked.
Doug’s new words for the Obama dictionary
1. Cashtration (n.): The act of buying a house, while Obama and Holden are still permitting liar loans
2. Ignoranus: A socialist, one who's both stupid and an asshole.
3. Intaxicaton: Euphoria at getting a payroll tax refund, which lasts until you realize it was for your future Social Security and you will have to eat dog food like many seniors had to do under Jimmy Carter.
4. RepubliKarmageddon: It's like, when everybody is sending off all these really bad vibes in Congress, right? And then, like, the Earth explodes and it's like, a real serious bummer.
5. Bozone ( n.): The substance surrounding Al Gore that stops intelligent thought from penetrating. The bozone layer, unfortunately, is causing the signs of global warming.
6. Dopeler Effect: The tendency of Obama’s new jobs ideas to seem smarter when they come at you rapidly, and dumber as they go by.
George Bush inherited the Recession and 911 and he never blamed Clinton for his Dot-Com Bubble, Enron, and rocket attacks on Afghanistan and the Mid-East. Obama caused his own “Obama Depression with Senators Reid and Dodd first with “Liar Loans” as their interpretation of affirmative action and then by stupidly declaring a “Great Depression” and thus causing a run on the banks (with the help of Dodd’s leaks) by lying in the Obama election campaign and blaming President Bush. Then Obama blamed Bush for all of America’s lost jobs as he goes out, publicly disgraces Americans showing soldiers who pissed on killers, and announces he is laying of 80,000 soldiers as part of his jobs stimulation package. When Obama was elected he made sure the economy would never recover with “Obama trickle up your leg, peeing economy.”
That is how Obama’s trickle up economy works.
He give $Billions of Liar-Loans (Obama and Holden still require them for affirmative action)
he gives reparations to people of his voting block who lie and say their great-grandparents did not get a fair share of government handouts they deserved as “farmers,” and so gives the $30 Billion reparations while bankrupting America.
and then he pees on the middle class working people’s legs buy removing their Social Security payment and says, “doesn’t that trickle up give you a warm feeling.
But Obama clearly plans to eliminate Social Security based on Worker Payroll contributions and go to strait welfare for senior citizens if he is re-elected. He started that by ending the payroll taxes that finance Social Security and plans to make that permanent. He plans to make Social Security straight trickle up Government Welfare where his lazy, lying, unemployable voting block gets an easy pass to lounge around from cradle to grave and true Americans have to work until they are 70 years old. Obama tells workers that he has eliminated Payroll taxes that fund Social Security in order to stimulate the economy but Obama is lying, he is dismantling Social Security which had been the worker’s money and is replacing it with Welfare which is a politically based handout not an entitlement. “Rich” senior citizens who have $50,000 or a home will not be entitled to Social Security any more. Poor unmarried women with four children will continue to get their “trickle” of $6000 per month welfare.
World markets
Gross domestic product in China, the world’s second-largest economy, grew 8.9 percent in the fourth quarter. China may invest in the world stock markets. That means they will inevitably cause a bubble and instability. Also they will not be transparent in their dealings and will add to market uncertainty.
Asian markets (especially China) are failing to break out some on the second and third times at resistance levels.
http://finance.yahoo.com/intlindices?e=asia
Germany is showing strength: Choose 2 or 5 years
http://finance.yahoo.com/echarts?s=%5EGDAXI+Interactive#chart2:symbol=^gdaxi;range=2y;indicator=ema(200,100)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on
The Swiss are showing strength. Choose 2 or 5 years http://finance.yahoo.com/echarts?s=%5ESSMI+Interactive#chart1:symbol=^ssmi;range=2y;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined
Emerging markets show strength.
http://finance.yahoo.com/echarts?s=^BVSP+Interactive#chart1:symbol=^bvsp;range=2y;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefine
American Economy
The Past Week
Consumer Credit Nov was up $20.4Bin November… a tremendous spending spree that was three times as much new debt as the $7.6B in October. This monthly measure of consumer debt is volatile and subject to massive revisions. When the change is too good it actually is bad for the following month or two. While we can expect very good retail sales reports now, it means consumers will be strapped for a few months, and worried about tax season coming up.
Wholesale Inventories Nov 0.1% still increasing but not as bad as last months 1.6%
MBA Mortgage Purchase Index 01/07 rose sharply +4.5% from last month’s -3.7% good housing news
Crude Inventories 01/07 4.958M increased over 2.209M Yet pump prices are increasing as is crude oil
Initial Claims 01/07 399K up from 372K bad
Continuing Claims 12/31 3628K up from 3595K bad
Retail Sales Dec 0.1% up less than in November’s 0.2% bad
Retail Sales ex-auto Dec -0.2% down compared to November’s 0.2% bad
Business Inventories Nov 0.3% down from Nov’s 0.8% good
Treasury Budget Dec -$84.0B worse again from -$78.1B bad
Trade Balance worsened Nov -$47.8B vs Nov. -$43.5B
Export Prices ex-ag. Dropped Dec -0.2% vs Nov. -0.1% meaning less income
Import Prices ex-oi increased Dec 0.1% vs Nov. -0.2% meaning less purchasing power
Mich Sentiment rose in Jan to 74.0 from 69.9 in Dec
Today
Jan 17 8:30 AM Empire Manufacturing Jan
This Week
Jan 18 7:00 AM MBA Mortgage Index 01/14
Jan 18 7:00 AM MBA Mortgage Purchase Index 01/14
Jan 18 8:30 AM PPI Dec
Jan 18 8:30 AM Core PPI Dec
Jan 18 9:00 AM Net Long-Term TIC Flows Nov-
Jan 18 9:15 AM Industrial Production Dec
Jan 18 9:15 AM Capacity Utilization Dec
Jan 18 10:00 AM NAHB Housing Market Index Jan
Jan 19 8:30 AM Initial Claims 01/14
Jan 19 8:30 AM Continuing Claims 01/07
Jan 19 8:30 AM Core CPI Dec
Jan 19 8:30 AM CPI Dec
Jan 19 8:30 AM Core CPI Dec
Jan 19 8:30 AM CPI Dec
Jan 19 8:30 AM Housing Starts Dec
Jan 19 8:30 AM Building Permits Dec
Jan 19 10:00 AM Philadelphia Fed Jan
Jan 19 11:00 AM Crude Inventories 01/14
Jan 20 10:00 AM Existing Home Sales Dec
Market outlook January 17, 2012
Stocks and copper prices climbed to the highest in almost four months as China’s economic slowdown fueled speculation China’s monetary policy will ease. But that is just an example of ignoranus advertising to get people to pay commissions and paying high fees to buy gold and commodities while there is no other demand. They make up these stories because they are going broke on their bad investments and need more cash.
Earnings reports in January are not likely to be good because the real growth is still negative. We have pointed out negative growth for several quarters now where the growth is less than even the feeble inflation rate.
A stock market consolidation would be in order soon and then perhaps another advance. But the EU is still a problem. Obama military cutbacks could put an end to the slight improvements of this past quarter. But the last quarter appears to have been almost flat. Obama anti-incentive economic policies continue to destroy the very foundation of the American economy. He offers his constituents cradle to grave welfare, which is his way of buying their votes. The only employed Obama constituents have jobs where they just show up for 6 hrs and dole out welfare to his other constituents. The government welfare organization is not integrated… it is a majority of minorities and people of the wrong color have problems and need lawyers to help senior citizens who go broke and lost everything to the collapse of real estate due to Obama’s continuing liar loan government policy.
The NYSE MACD is definitely bullish and implies we could see the bull market last until November 2012. You can also see the down side cross over occurred in May-June of 2011 in plenty of time to get out of the stock market. The upside cross over came in mid October in time to catch the last dip and the rally. But you can see that most stocks have not recovered yet.
http://www.martincapital.com/index.php?page=graph&view=macd
Now Obama and Holden are suing the banks for the money the racist liars lost when the housing market collapsed all because the racist liars defaulted on the houses they purchased with liar loans and no source of income to make mortgage payments.
http://www.martincapital.com/index.php?page=graph&view=permits_and_construction
When it comes to jobs, Obama has to manipulate the government statistics just like all communists do to pretend things are better. Sales are up because consumers have been refinancing at lower rate and dropping their monthly expenses. That improvement can only last a couple months http://www.martincapital.com/index.php?page=graph&view=unemployment
The VIX has is approaching 20 which would indicate complacency. That means the coming exuberant rally will be a good time to take profits and raise cash.
http://finance.yahoo.com/q/bc?s=%5EVIX&t=6m&l=on&z=m&q=l&c=
We predict we could possibly have as much as 95% stock market recovery. But realize that as the upside potential is approached, then the downside risk exceeds the upside potential and it is time to lighten up. Also, remember January was very good last year and the market went down significantly afterwards so January is not necessarily a good predictor for the year. View 1yr. See:
http://finance.yahoo.com/echarts?s=^NYA+Interactive#chart4:symbol=^nya;range=1y;indicator=ema(200,100)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined
Bulk shipments still at less than 20% of the bulk trade level that existed before Obama declared the USA was in a depression in one of his 2007-2008 campaign speeches. It is also slipping again.
http://www.bloomberg.com/apps/quote?ticker=BDIY:IND
Stock market update:
Asian Stock markets surged last night. China up 4.2%, Hong Kong up 3.2%, India up 1.7%, and Japan up 1.1%
European markets are up today in a range 0.5% to +1.8% with half way through their day.
American market futures are up about 0.8% in after hour trading at 8 AM EST. We may be the end of this Fall rally now. It could continue but erratically. It is getting precarious. Bull markets creep up and then the Hedge funds chop off their heads.
1. Cashtration (n.): The act of buying a house, while Obama and Holden are still permitting liar loans
2. Ignoranus: A socialist, one who's both stupid and an asshole.
3. Intaxicaton: Euphoria at getting a payroll tax refund, which lasts until you realize it was for your future Social Security and you will have to eat dog food like many seniors had to do under Jimmy Carter.
4. RepubliKarmageddon: It's like, when everybody is sending off all these really bad vibes in Congress, right? And then, like, the Earth explodes and it's like, a real serious bummer.
5. Bozone ( n.): The substance surrounding Al Gore that stops intelligent thought from penetrating. The bozone layer, unfortunately, is causing the signs of global warming.
6. Dopeler Effect: The tendency of Obama’s new jobs ideas to seem smarter when they come at you rapidly, and dumber as they go by.
George Bush inherited the Recession and 911 and he never blamed Clinton for his Dot-Com Bubble, Enron, and rocket attacks on Afghanistan and the Mid-East. Obama caused his own “Obama Depression with Senators Reid and Dodd first with “Liar Loans” as their interpretation of affirmative action and then by stupidly declaring a “Great Depression” and thus causing a run on the banks (with the help of Dodd’s leaks) by lying in the Obama election campaign and blaming President Bush. Then Obama blamed Bush for all of America’s lost jobs as he goes out, publicly disgraces Americans showing soldiers who pissed on killers, and announces he is laying of 80,000 soldiers as part of his jobs stimulation package. When Obama was elected he made sure the economy would never recover with “Obama trickle up your leg, peeing economy.”
That is how Obama’s trickle up economy works.
He give $Billions of Liar-Loans (Obama and Holden still require them for affirmative action)
he gives reparations to people of his voting block who lie and say their great-grandparents did not get a fair share of government handouts they deserved as “farmers,” and so gives the $30 Billion reparations while bankrupting America.
and then he pees on the middle class working people’s legs buy removing their Social Security payment and says, “doesn’t that trickle up give you a warm feeling.
But Obama clearly plans to eliminate Social Security based on Worker Payroll contributions and go to strait welfare for senior citizens if he is re-elected. He started that by ending the payroll taxes that finance Social Security and plans to make that permanent. He plans to make Social Security straight trickle up Government Welfare where his lazy, lying, unemployable voting block gets an easy pass to lounge around from cradle to grave and true Americans have to work until they are 70 years old. Obama tells workers that he has eliminated Payroll taxes that fund Social Security in order to stimulate the economy but Obama is lying, he is dismantling Social Security which had been the worker’s money and is replacing it with Welfare which is a politically based handout not an entitlement. “Rich” senior citizens who have $50,000 or a home will not be entitled to Social Security any more. Poor unmarried women with four children will continue to get their “trickle” of $6000 per month welfare.
World markets
Gross domestic product in China, the world’s second-largest economy, grew 8.9 percent in the fourth quarter. China may invest in the world stock markets. That means they will inevitably cause a bubble and instability. Also they will not be transparent in their dealings and will add to market uncertainty.
Asian markets (especially China) are failing to break out some on the second and third times at resistance levels.
http://finance.yahoo.com/intlindices?e=asia
Germany is showing strength: Choose 2 or 5 years
http://finance.yahoo.com/echarts?s=%5EGDAXI+Interactive#chart2:symbol=^gdaxi;range=2y;indicator=ema(200,100)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on
The Swiss are showing strength. Choose 2 or 5 years http://finance.yahoo.com/echarts?s=%5ESSMI+Interactive#chart1:symbol=^ssmi;range=2y;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined
Emerging markets show strength.
http://finance.yahoo.com/echarts?s=^BVSP+Interactive#chart1:symbol=^bvsp;range=2y;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefine
American Economy
The Past Week
Consumer Credit Nov was up $20.4Bin November… a tremendous spending spree that was three times as much new debt as the $7.6B in October. This monthly measure of consumer debt is volatile and subject to massive revisions. When the change is too good it actually is bad for the following month or two. While we can expect very good retail sales reports now, it means consumers will be strapped for a few months, and worried about tax season coming up.
Wholesale Inventories Nov 0.1% still increasing but not as bad as last months 1.6%
MBA Mortgage Purchase Index 01/07 rose sharply +4.5% from last month’s -3.7% good housing news
Crude Inventories 01/07 4.958M increased over 2.209M Yet pump prices are increasing as is crude oil
Initial Claims 01/07 399K up from 372K bad
Continuing Claims 12/31 3628K up from 3595K bad
Retail Sales Dec 0.1% up less than in November’s 0.2% bad
Retail Sales ex-auto Dec -0.2% down compared to November’s 0.2% bad
Business Inventories Nov 0.3% down from Nov’s 0.8% good
Treasury Budget Dec -$84.0B worse again from -$78.1B bad
Trade Balance worsened Nov -$47.8B vs Nov. -$43.5B
Export Prices ex-ag. Dropped Dec -0.2% vs Nov. -0.1% meaning less income
Import Prices ex-oi increased Dec 0.1% vs Nov. -0.2% meaning less purchasing power
Mich Sentiment rose in Jan to 74.0 from 69.9 in Dec
Today
Jan 17 8:30 AM Empire Manufacturing Jan
This Week
Jan 18 7:00 AM MBA Mortgage Index 01/14
Jan 18 7:00 AM MBA Mortgage Purchase Index 01/14
Jan 18 8:30 AM PPI Dec
Jan 18 8:30 AM Core PPI Dec
Jan 18 9:00 AM Net Long-Term TIC Flows Nov-
Jan 18 9:15 AM Industrial Production Dec
Jan 18 9:15 AM Capacity Utilization Dec
Jan 18 10:00 AM NAHB Housing Market Index Jan
Jan 19 8:30 AM Initial Claims 01/14
Jan 19 8:30 AM Continuing Claims 01/07
Jan 19 8:30 AM Core CPI Dec
Jan 19 8:30 AM CPI Dec
Jan 19 8:30 AM Core CPI Dec
Jan 19 8:30 AM CPI Dec
Jan 19 8:30 AM Housing Starts Dec
Jan 19 8:30 AM Building Permits Dec
Jan 19 10:00 AM Philadelphia Fed Jan
Jan 19 11:00 AM Crude Inventories 01/14
Jan 20 10:00 AM Existing Home Sales Dec
Market outlook January 17, 2012
Stocks and copper prices climbed to the highest in almost four months as China’s economic slowdown fueled speculation China’s monetary policy will ease. But that is just an example of ignoranus advertising to get people to pay commissions and paying high fees to buy gold and commodities while there is no other demand. They make up these stories because they are going broke on their bad investments and need more cash.
Earnings reports in January are not likely to be good because the real growth is still negative. We have pointed out negative growth for several quarters now where the growth is less than even the feeble inflation rate.
A stock market consolidation would be in order soon and then perhaps another advance. But the EU is still a problem. Obama military cutbacks could put an end to the slight improvements of this past quarter. But the last quarter appears to have been almost flat. Obama anti-incentive economic policies continue to destroy the very foundation of the American economy. He offers his constituents cradle to grave welfare, which is his way of buying their votes. The only employed Obama constituents have jobs where they just show up for 6 hrs and dole out welfare to his other constituents. The government welfare organization is not integrated… it is a majority of minorities and people of the wrong color have problems and need lawyers to help senior citizens who go broke and lost everything to the collapse of real estate due to Obama’s continuing liar loan government policy.
The NYSE MACD is definitely bullish and implies we could see the bull market last until November 2012. You can also see the down side cross over occurred in May-June of 2011 in plenty of time to get out of the stock market. The upside cross over came in mid October in time to catch the last dip and the rally. But you can see that most stocks have not recovered yet.
http://www.martincapital.com/index.php?page=graph&view=macd
Now Obama and Holden are suing the banks for the money the racist liars lost when the housing market collapsed all because the racist liars defaulted on the houses they purchased with liar loans and no source of income to make mortgage payments.
http://www.martincapital.com/index.php?page=graph&view=permits_and_construction
When it comes to jobs, Obama has to manipulate the government statistics just like all communists do to pretend things are better. Sales are up because consumers have been refinancing at lower rate and dropping their monthly expenses. That improvement can only last a couple months http://www.martincapital.com/index.php?page=graph&view=unemployment
The VIX has is approaching 20 which would indicate complacency. That means the coming exuberant rally will be a good time to take profits and raise cash.
http://finance.yahoo.com/q/bc?s=%5EVIX&t=6m&l=on&z=m&q=l&c=
We predict we could possibly have as much as 95% stock market recovery. But realize that as the upside potential is approached, then the downside risk exceeds the upside potential and it is time to lighten up. Also, remember January was very good last year and the market went down significantly afterwards so January is not necessarily a good predictor for the year. View 1yr. See:
http://finance.yahoo.com/echarts?s=^NYA+Interactive#chart4:symbol=^nya;range=1y;indicator=ema(200,100)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined
Bulk shipments still at less than 20% of the bulk trade level that existed before Obama declared the USA was in a depression in one of his 2007-2008 campaign speeches. It is also slipping again.
http://www.bloomberg.com/apps/quote?ticker=BDIY:IND
Stock market update:
Asian Stock markets surged last night. China up 4.2%, Hong Kong up 3.2%, India up 1.7%, and Japan up 1.1%
European markets are up today in a range 0.5% to +1.8% with half way through their day.
American market futures are up about 0.8% in after hour trading at 8 AM EST. We may be the end of this Fall rally now. It could continue but erratically. It is getting precarious. Bull markets creep up and then the Hedge funds chop off their heads.
Thursday, January 12, 2012
A consolidation would be in order soon and then probably another advance.
Philipp Hildebrand the head of the Swiss Central Bank was caught using information so his wife could speculate as George Soros does on foreign currencies. Swiss central bank supervisory council member Gerold Buehrer said Philipp Hildebrand’s replacement, as president should be don now, suggesting the government’s hiring is too slow.
Was Corzine just another socialist looter of American private enterprise working to raise money for Obama? Is it another Solyndra case of the DNC pretending to be an investor but a looter instead? Montana farmers who claim he stole their money have now sued Jon Corzine; former chief executive officer of collapsed commodity brokerage MF Global Holdings Ltd., for fraud. Is this money trail going to lead to Obama? Obama and Barney Frank looted Fannie and Freddie with the requirement that they accept Liar loans. That is about $50Billion that cannot be traced, that has simply disappeared in the hands of socialist looters. That is all George Soros does for a living. He is an unabashed looter preying most of the time on weak currencies of Socialist countries. That is why socialist Gorge loves socialism. It is so easy to loot! That is because the socialist’s government commissars are all morons.
World markets
China seems to be near their bottom now so if the USA looks like it will throw out Obama then after the current USA rally we will likely have another buying rally the likely it will end on about election day.
Asian markets (especially China) care failing to break out some on the second and third times at resistance levels.
http://finance.yahoo.com/intlindices?e=asia
Germany is showing strength: Choose 2 or 5 years
http://finance.yahoo.com/echarts?s=%5EGDAXI+Interactive#chart2:symbol=^gdaxi;range=2y;indicator=ema(200,100)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on
The Swiss are showing strength. Choose 2 or 5 years http://finance.yahoo.com/echarts?s=%5ESSMI+Interactive#chart1:symbol=^ssmi;range=2y;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined
Emerging markets show strength.
http://finance.yahoo.com/echarts?s=^BVSP+Interactive#chart1:symbol=^bvsp;range=2y;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefine
American Economy
This Past Week
Consumer Credit Nov was up $20.4Bin November… a tremendous spending spree that was three times as much new debt as the $7.6B in October. This monthly measure of consumer debt is volatile and subject to massive revisions. When the change is too good it actually is bad for the following month or two. While we can expect very good retail sales reports now, it means consumers will be strapped for a few months, and worried about tax season coming up.
Wholesale Inventories Nov 0.1% still increasing but not as bad as last months 1.6%
MBA Mortgage Purchase Index 01/07 rose sharply +4.5% from last month’s -3.7% good housing news
Crude Inventories 01/07 4.958M increased over 2.209M Yet pump prices are increasing as is crude oil
Today
Jan 12 8:30 AM Initial Claims 01/07
Jan 12 8:30 AM Continuing Claims 12/31
Jan 12 8:30 AM Retail Sales Dec
Jan 12 8:30 AM Retail Sales ex-auto Dec
Jan 12 10:00 AM Business Inventories Nov
Jan 12 2:00 PM Treasury Budget Dec
This Week
Jan 13 8:30 AM Trade Balance Nov
Jan 13 8:30 AM Export Prices ex-ag. Dec
Jan 13 8:30 AM Import Prices ex-oil Dec
Jan 13 9:55 AM Mich Sentiment Jan
Market outlook January 12, 2012
A consolidation would be in order soon and then perhaps another advance. But the EU is still a problem. Obama military cutbacks could put an end to the slight improvements of this past quarter.
The NYSE MACD is definitely bullish and implies we could see the bull market last until November 2012. You can also see the down side cross over occurred in May-June of 2011 in plenty of time to get out of the stock market. The upside cross over came in mid October in time to catch the last dip and the rally. But you can see that most stocks have not recovered yet.
http://www.martincapital.com/index.php?page=graph&view=macd
Now Obama and Holden are suing the banks for the money the racist liars lost when the housing market collapsed all because the racist liars defaulted on the houses they purchased with liar loans and no source of income to make mortgage payments.
http://www.martincapital.com/index.php?page=graph&view=permits_and_construction
When it comes to jobs, Obama has to manipulate the government statistics just like all communists do to pretend things are better. Sales are up because consumers have been refinancing at lower rate and dropping their monthly expenses. That improvement can only last a couple months http://www.martincapital.com/index.php?page=graph&view=unemployment
The VIX has is approaching 20 which would indicate complacency. That means the coming exuberant rally will be a good time to take profits and raise cash.
http://finance.yahoo.com/q/bc?s=%5EVIX&t=6m&l=on&z=m&q=l&c=
We predict we could possibly have as much as 95% stock market recovery. But realize that as the upside potential is approached, then the downside risk exceeds the upside potential and it is time to lighten up. Also, remember January was very good last year and the market went down significantly afterwards so January is not necessarily a good predictor for the year. View 1yr. See:
http://finance.yahoo.com/echarts?s=^NYA+Interactive#chart4:symbol=^nya;range=1y;indicator=ema(200,100)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined
Bulk shipments still at less than 20% of the bulk trade level that existed before Obama declared the USA was in a depression in one of his 2007-2008 campaign speeches. It is also slipping again.
http://www.bloomberg.com/apps/quote?ticker=BDIY:IND
Stock market update:
Asian Stock markets fell last night. China down -0.5%, Hong Kong down -0.3%, India down -0.9%, and Japan down -0.7%
European markets are mixed today in a range –0.3% to +1.1% with Italy a continuing downside outlier half way through their day.
American market futures are up +0.3% in after hour trading at 9 AM EST. We expect the last leg up of this interim rally will continue but erratically. Bull markets creep up and then the Hedge funds chop off their heads.
Was Corzine just another socialist looter of American private enterprise working to raise money for Obama? Is it another Solyndra case of the DNC pretending to be an investor but a looter instead? Montana farmers who claim he stole their money have now sued Jon Corzine; former chief executive officer of collapsed commodity brokerage MF Global Holdings Ltd., for fraud. Is this money trail going to lead to Obama? Obama and Barney Frank looted Fannie and Freddie with the requirement that they accept Liar loans. That is about $50Billion that cannot be traced, that has simply disappeared in the hands of socialist looters. That is all George Soros does for a living. He is an unabashed looter preying most of the time on weak currencies of Socialist countries. That is why socialist Gorge loves socialism. It is so easy to loot! That is because the socialist’s government commissars are all morons.
World markets
China seems to be near their bottom now so if the USA looks like it will throw out Obama then after the current USA rally we will likely have another buying rally the likely it will end on about election day.
Asian markets (especially China) care failing to break out some on the second and third times at resistance levels.
http://finance.yahoo.com/intlindices?e=asia
Germany is showing strength: Choose 2 or 5 years
http://finance.yahoo.com/echarts?s=%5EGDAXI+Interactive#chart2:symbol=^gdaxi;range=2y;indicator=ema(200,100)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on
The Swiss are showing strength. Choose 2 or 5 years http://finance.yahoo.com/echarts?s=%5ESSMI+Interactive#chart1:symbol=^ssmi;range=2y;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined
Emerging markets show strength.
http://finance.yahoo.com/echarts?s=^BVSP+Interactive#chart1:symbol=^bvsp;range=2y;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefine
American Economy
This Past Week
Consumer Credit Nov was up $20.4Bin November… a tremendous spending spree that was three times as much new debt as the $7.6B in October. This monthly measure of consumer debt is volatile and subject to massive revisions. When the change is too good it actually is bad for the following month or two. While we can expect very good retail sales reports now, it means consumers will be strapped for a few months, and worried about tax season coming up.
Wholesale Inventories Nov 0.1% still increasing but not as bad as last months 1.6%
MBA Mortgage Purchase Index 01/07 rose sharply +4.5% from last month’s -3.7% good housing news
Crude Inventories 01/07 4.958M increased over 2.209M Yet pump prices are increasing as is crude oil
Today
Jan 12 8:30 AM Initial Claims 01/07
Jan 12 8:30 AM Continuing Claims 12/31
Jan 12 8:30 AM Retail Sales Dec
Jan 12 8:30 AM Retail Sales ex-auto Dec
Jan 12 10:00 AM Business Inventories Nov
Jan 12 2:00 PM Treasury Budget Dec
This Week
Jan 13 8:30 AM Trade Balance Nov
Jan 13 8:30 AM Export Prices ex-ag. Dec
Jan 13 8:30 AM Import Prices ex-oil Dec
Jan 13 9:55 AM Mich Sentiment Jan
Market outlook January 12, 2012
A consolidation would be in order soon and then perhaps another advance. But the EU is still a problem. Obama military cutbacks could put an end to the slight improvements of this past quarter.
The NYSE MACD is definitely bullish and implies we could see the bull market last until November 2012. You can also see the down side cross over occurred in May-June of 2011 in plenty of time to get out of the stock market. The upside cross over came in mid October in time to catch the last dip and the rally. But you can see that most stocks have not recovered yet.
http://www.martincapital.com/index.php?page=graph&view=macd
Now Obama and Holden are suing the banks for the money the racist liars lost when the housing market collapsed all because the racist liars defaulted on the houses they purchased with liar loans and no source of income to make mortgage payments.
http://www.martincapital.com/index.php?page=graph&view=permits_and_construction
When it comes to jobs, Obama has to manipulate the government statistics just like all communists do to pretend things are better. Sales are up because consumers have been refinancing at lower rate and dropping their monthly expenses. That improvement can only last a couple months http://www.martincapital.com/index.php?page=graph&view=unemployment
The VIX has is approaching 20 which would indicate complacency. That means the coming exuberant rally will be a good time to take profits and raise cash.
http://finance.yahoo.com/q/bc?s=%5EVIX&t=6m&l=on&z=m&q=l&c=
We predict we could possibly have as much as 95% stock market recovery. But realize that as the upside potential is approached, then the downside risk exceeds the upside potential and it is time to lighten up. Also, remember January was very good last year and the market went down significantly afterwards so January is not necessarily a good predictor for the year. View 1yr. See:
http://finance.yahoo.com/echarts?s=^NYA+Interactive#chart4:symbol=^nya;range=1y;indicator=ema(200,100)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined
Bulk shipments still at less than 20% of the bulk trade level that existed before Obama declared the USA was in a depression in one of his 2007-2008 campaign speeches. It is also slipping again.
http://www.bloomberg.com/apps/quote?ticker=BDIY:IND
Stock market update:
Asian Stock markets fell last night. China down -0.5%, Hong Kong down -0.3%, India down -0.9%, and Japan down -0.7%
European markets are mixed today in a range –0.3% to +1.1% with Italy a continuing downside outlier half way through their day.
American market futures are up +0.3% in after hour trading at 9 AM EST. We expect the last leg up of this interim rally will continue but erratically. Bull markets creep up and then the Hedge funds chop off their heads.
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