Obama still refuses to show his Harvard grades.

Obama still refuses to show his Harvard grades.  Obama does not know the USSR had a socialist government like the kind Obama adores and slaughtered millions of their own people and they were ultimately forced by starvation to return to Free Enterprise. Obama does not know Hitler brought Germany, National Socialism and slaughtered millions of his own people and caused a world war that flattened Germany. Obama does not know Eastern Europe was once run by international socialist that were forced by starvation to abdicate let the people return to Free Enterprise.   Obama does not know the Cambodia’s Pot Pol regime was a lunatic left socialist government that slaughtered millions of their own people and they were forced by starvation to cease and desist. Obama does not know Mao was an international socialist and slaughtered millions of his own people and caused mass starvation until the Chinese started re-introducing free enterprise. Obama does not know North Korea is international socialist and starved three million of their own people in the 1990's and recently promised to stop nuclear proliferation if Americans just sends them food. Obama does not seem to know that the Moslems have religious socialist governments where they slaughter non-Moslems, degrade and disfigure their women, and still legally take nine year old girls as brides. Obama actually had his staff say that China’s new free enterprise experiment was central planning.

A new Rasmussen Reports Romney is holding his lead over Obama. In a hypothetical Election 2012 matchup, presumptive Republican nominee Mitt Romney earns 46% of the vote, while President Obama attracts support from 45%. Republicans continue to enjoy a ten-point advantage over Democrats on the Generic Congressional Ballot to take the Senate and House in 2012.
http://www.rasmussenreports.com/public_content/politics/obama_administration/daily_presidential_tracking_poll

Gallup Daily Tracking Began
Mitt Romney is supported by 47% of national registered voters and Hussein Obama by 45% in the inaugural Gallup Daily tracking results.
http://www.gallup.com/poll/153902/Romney-Obama-Tight-Race-Gallup-Daily-Tracking-Begins.aspx

World market
Spain’s surging bad loans are spurring doubt about whether the government can persuade investors that it can clean up the country’s banks without further damaging public finances.

Alibaba Group Holding Ltd. hired U.S. lobbyist James Mendenhall as China’s biggest e- commerce company steps up an appeal to Washington to remove its Taobao site from a list of “notorious markets” for piracy. Lobbyists now run the American government. In January they create the state laws and budgets and in March they go to Washington to make the federal laws and budgets.

French Socialist Francois Hollande said the European Central Bank could have prevented the Greek debt crisis had it “massively” bought all the Greek bad debt at the outset. That is the problem with all well meaning idiots who are attracted to socialism. They help people today by borrowing from and mortgaging taxpayers well into the future until they run out of fools to borrow from and hard working victims to tax more. Eventually every intelligent person who survives the socialist’s taxation realizes he or she needs a little private garden to save themselves from starvation. Starvation pervades the entire socialist world. Africans are starving now because they are run by socialist idiots. As soon as they run out of oil the entire Arab-speaking world will be starving just as Moslem northern Africa is already starving.

“The U.S. and China economies are in limbo,” said Koji Toda, chief fund manager at Resona Bank Ltd. in Tokyo. Asian stocks fell, with the regional benchmark index headed for its biggest drop in two weeks, after the cost of insuring against a Spanish default climbed and U.S. consumer confidence dropped, threatening exports.

The austerity policies, which helped U.K. reduce debt and beat world peers in 2011, have put the bond market and the economy on the brink of a recession with borrowing needs approaching record levels.

The Euro region’s trade surplus narrowed as EU officials’ request a bigger US global war chest to combat the debt crisis as Spain’s government battles to quell renewed market turmoil and bankruptcy. Sweden now teeters on the brink of a recession.

Most national stock markets are on one, five and twelve-year head-and-shoulders sell areas. Germany’s market is losing steam. To see the megatrend look back to 1995. Asian stocks fell, with the regional benchmark index headed for its biggest drop in almost two weeks, after the cost of insuring against a Spanish default climbed and U.S. consumer confidence dropped, clouding the earnings outlook for Asia’s exporters.
http://finance.yahoo.com/echarts?s=%5EGDAXI+Interactive#symbol=^gdaxi;range=my;compare=;indicator=ema(200,100)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined;

The Swiss are still lower than last year’s high with a mega-trend decline. Choose max years http://finance.yahoo.com/echarts?s=%5ESSMI+Interactive#symbol=^ssmi;range=my;compare=;indicator=ema(200,100)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined;

China has been declining for more than a year now. Chinese inflation data disappointed, with March consumer price index rising 3.6%.
http://finance.yahoo.com/echarts?s=000001.SS+Interactive#symbol=000001.ss;range=my;compare=;indicator=ema(100,200)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined;

Emerging markets are still lower than last year’s high and look like a head and shoulder sell signal.
http://finance.yahoo.com/echarts?s=^BVSP+Interactive#symbol=^bvsp;range=5y;compare=;indicator=ema(100,200)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined;

American Economy
PNC Financial Services Group Inc., the sixth-largest U.S. bank by deposits, reported a 2.5 percent drop in first-quarter profits.
Treasury 10-year notes erased earlier losses and were little changed in New York trading.

Obama manipulated Retail Sales down from 1.1% to 1.0% last month so he could lie and say they are only down 0.2% from 1% to 0.8% in Mar when in fact they have declined 0.4% from 1.1% to 0.7%.
Retail Sales ex-auto Mar 0.8% down from 0.9% and not manipulated by Obama.
Empire Manufacturing Apr way down to 6.6 from 20.2 without Obama manipulation.
Net long-term TIC Flows Feb $10.1B way down from $101.0B last month
Business Inventories Feb was a flat 0.7% unmanipulated but was manipulated to make it look better by a 0.2% reduction in inventories.
The NAHB Housing Market Index Apr got worse (25) down from 28 without manipulation. The CPUSA does not manipulate some things because they do not compile the independent honest reports.

Yesterday
Housing Starts Mar 654K down sharply from 698K
Building Permits Mar 747K up from 717K
Industrial Production Mar 0.0% no growth continues 0.0%
Capacity Utilization Mar 78.6% flat 78.4%

This week
Apr 18 7:00 AM MBA Mortgage Index 04/14
Apr 18 10:30 AM Crude Inventories 04/14
Apr 19 8:30 AM Initial Claims 04/14
Apr 19 8:30 AM Continuing Claims 04/07
Apr 19 10:00 AM Existing Home Sales Mar
Apr 19 10:00 AM Philadelphia Fed Apr
Apr 19 10:00 AM Leading Indicators Mar

Market outlook April 18, 2012
Even Jim Cramer last night said an up-tick in the VIX would be a sell signal to him.

Now the markets are still within about 2% of breaking through their lower resistance levels. The Obama administration muddles through blaming everyone else for Obama's own stupidity. Nigeria is known as the most corrupt culture in the world with Bangladesh close behind. Thanks to Obama, this year Obama’s homeland, Nigeria, had a candidate competing with America Jim Yong Kim, for President of the World Bank. Obama stupidity and corruption has no limits.


No DOW rail confirmation means there is no DOW buy signal. Is looking like a head and shoulder sell signal forming in the Rails. We are a few days away from a complete breakdown of the market.
http://finance.yahoo.com/echarts?s=%5EDJT+Interactive#chart1:symbol=^djt;range=2y;indicator=ema(200,100)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined

The New York Stock exchange said the market has now breaking down worse than last August.
http://finance.yahoo.com/echarts?s=%5ENYA+Interactive#symbol=^nya;range=1y;compare=;indicator=ema(200,100)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=off;source=undefined;

The VIX is rising sharply now indicating the market could now fall sharply for a few weeks. A sharp computer sell-off could end the current rally any moment now and trigger huge stop-losses.
http://finance.yahoo.com/q/bc?s=%5EVIX&t=2y&l=on&z=m&q=l&c=

Baltic Dry Index is still languishing meaning China could implode soon.
http://www.bloomberg.com/quote/BDIY:IND/chart

Stock market update:
Asian Stock markets were up last night. China Up1.9%, Hong Kong Up 1.1%, India up 0.2%, Taiwan Up 0.2%, and Japan Up 2.1%. Asia follows the USA markets.

European markets are down today in a range of -0.4% to -1.8% half way through their day. Europe attempts to anticipate the US markets.

American market futures are down about -0.3% in after hour trading at 7:30 AM EST.