December 13, 2013 The socialists are taking Christ out of Christmas and substituted the Pagan Roman “Sun God” celebrated the shortest day of the year. Consumer surveys show shoppers will be buying less this Christmas Season because they are not experiencing the Christmas spirit of giving. I wonder why? The socialists say that is why they have a government. They contribute virtually nothing so they are reducing all the tax write-offs for charitable giving. They say its just another way the rich avoid government taxes even though at best they give $10,000 to save $3,000 in taxes. That does not sound like Scrooge to me. Obama’s tax policy is scrooging all Americans who work for their living so he can have subsidies for his ACORN bussed in Obama voters. He saw Putin doing it so it must be ok.

It is true there was a St Nick from Persia in early December before nearly five hundred years ago Martin Luther said let’s celebrate Christ on the same day as the Pagans had celebrated the Sun God. And now the pagan socialists are taking back the holiday as if it is not bad enough Obama ruined the world’s economy and work ethic. Now they want to ruin the Christian spirit of person to person charity so the socialists in Moscow, Beijing, and Washington can be worshipped for their food stamps and subsidies for not working. Socialists created the Farm Bill to give farmers subsidies for not planting fields so prices could rise and poor people would go hungry. Then they gave poor people subsidies to buy the more expensive food so ACORN can bus them to vote early for the socialists. We allowed voting early so that our armed forces could vote and be counted but now the Idea is to get the poor to vote for Putin, Kim, and Obama before the election campaign brings up those uncomfortable things they did the last time they were elected. Face the truth, Hitler, Stalin, Hussein, Castro, and all the really, really sick people get the highest votes. The sicker the criminal socialists are, the closer their vote approaches to 100% popularity. The Roman emperor Caligula was insane and you had to love the guy insanely or he had you disemboweled.

Socialism is any government where the criminal head of state buys his votes by giving his supporters income subsidies by fining, harassing, killing and redistributing the wealth of the victims, and by confiscating the wealth of those who want freedom from tyranny. Why are Holder and Obama taking Billions from banks for cheating working Americans and investors and giving that money they grabbed from the banks to ACORN type slugs to register people to get Obama's government subsidies? We are developing a subsidized class of barbarians the way the Romans did to control Rome. Eventually the "noble savage" barbarians sacked Rome, slaughtered the politicians and ended what had become the insane and decadent socialist "Roman Empire."

December 12, 2013 There has never been more MSNBC/Pravda BS nonsense. Wednesday morning as they declared the recession was over and business was now confident despite Obama’s socialist stagnation. They expected their "Bull" would trigger a new bull market but the market turned down instead. A correction from here of more than 2.5% would test the next resistance level. If the market broke down through it, it could fall 6% more before reaching the next resistance level. If it broke through that level it would signal a bear market of unknown depth.
International Business Machines (IBM), the world’s largest provider of computing services, said the American economy continues to face economic challenges as government socialism fails to reignite confidence.
The Volker rule says banks cannot bet on investments with their own money. But the rule will still allow banks to serve as market-makers, a practice in which they buy and sell securities on behalf of their clients. They may also enter into transactions that look like proprietary trading as long as they do so to hedge their bets. But Goldman Sacks went further and even secretly bet against the derivatives they sold their clients. Shouldn’t that be a crime?

December 10, 2013 Wouldn’t it be wonderful to once again have a responsible president that writes a real line item budget for Congress to vote on? We were run that way for about 230 years but now it is a pile of line item changes to earlier budgets so that no one knows what it says so that an incompetent or bad President can do or ignore what he chooses and not get caught. The Kenyan Constitution lets their dictators enforce the laws they like and ignore the rest. But the American Constitution says the President is supposed to uphold the Constitution and enforce all the laws of the land. Ignoring our Constitutional safeguards leads to corruption and disorder.
Where did President Obama find he had the right to smear American gun owners by shipping guns to the Mexican drug cartels and blame 30,000 drug related murders on Americans? That seems illegal. One of the guns was used to kill an American border agent. How do Holder and Obama get away with it?
Rumors abound that the recent economic news was fabricated to finally allow the Fed to taper QE3 without causing a stock market reaction. But while the market could go to new highs a correction is in order.
World Economies December 13, 2013
The emerging-market stocks are headed for low and currencies skid amid concerns the U.S. Federal Reserve will reduce the QE stimulus.
Ukraine’s opposition rejected President Viktor Yanukovych’s surrender of their economy to Russia’s Putin. It is time for the EU to offer to trade with the Ukraine which has been ruled by Russia since Peter the Great.
American oil and gas production is forcing Sheiks to reduce Arab oil production OPEC crude production to the lowest level in more than two years as output dropped below the organization’s 30 million barrel-a-day goal for a third month.
British and Canadian currencies are strengthening and UK industrial production rose for a second month.
Japan’s stock market appears to have topped and begun a new decline. It has declined since 1990 when it began Quantitative Easing.
http://in.finance.yahoo.com/q/bc?s=%5EFCHI&t=my&l=on&z=l&q=l&c=

The German market is the best of the foreign markets and is about 10% above the 2007 high which was about 7% above the 2000 high. It failed to break out from its upper resistance level defined by 2000 and 2007 or the short term trend. It is now right at the limits and that usually ends a trend of this length.
http://in.finance.yahoo.com/q/bc?s=%5EGDAXI&t=my&l=on&z=l&q=l&c=

The French market has continued to decline since year 2000. At it most recent highs it is still is still down 50% from 2008 and down 60% from 2000.
http://in.finance.yahoo.com/q/bc?s=%5EFCHI&t=my&l=on&z=l&q=l&c=

The Swiss market indicates stagnation since 2007.
http://finance.yahoo.com/q/bc?s=%5ESSMI&t=my&l=on&z=l&q=l&c=

The NYSE is similar to the British and Swiss and indicates stagnation since 2007 given in excess of 15% inflation since then and no similar market advance. The NYSE index is too big to manipulate legally. It has 300 stocks just starting with the letter A.
http://finance.yahoo.com/q/bc?s=%5ENYA&t=my&l=on&z=l&q=l&c=

American Economy
There may be an agreement to avoid another government shutdown but it increases the deficit and continues to drive America closer to insolvency. There is talk that QE infinity may end soon. But all this talk seems to be an effort to keep the stock market from collapsing again.
Dec 10
Wholesale Inventories Oct 1.4% increased substantially 0.4% ---
JOLTS - Job Openings Oct 3.925M increased slightly 3.913M
Dec 11
MBA Mortgage Index 12/07 1.0% improved from -12.8% ++
Crude Inventories 12/07 -10.585M declined more -5.585M -
Treasury Budget Nov -$135.2B deficit narrowed from-$140.0B +
Dec 12
Initial Claims 12/07 368K shot up from 298K---
Continuing Claims 11/30 2791K shot up from 2744K---
Retail Sales Nov 0.7% up from0.6% +
Retail Sales ex-auto Nov 0.4% down from 0.5% -
Export Prices ex-ag. Nov 0.1% up from -0.5%--
Import Prices ex-oil Nov 0.0% flat 0.0%
Dec 13
PPI Nov –1 from -2
Core PPI Nov 1 down from 2
It says all the price change was from the deflation of Obama’s great depression.

The Markets Dec 13, 2013
Obama lets another deadline slip and says doctors will get reimbursed later when their patients are registered. But the doctor has to police the system and will not get paid if he discriminates against the ACORN volunteers who fill his waiting room and drive his established patients away.
The Department of Health and Human Services is giving consumers more time to register for health insurance by Jan.1.
Barron’s has recommended a gold stock as one of their top ten picks for 2014.
Since Obama was elected so many investors in the middle class have lost money that the trading volume has dropped in proportion to the rise in prices. That means that although prices increased the cash going into the market has been flat lined because the volume went down as prices rose.
Short sellers capitulated at in 2012 and as a result the market in 2013 is now frothy and money is on the sidelines waiting to short the market again.
We are still in a zone of four or more months after the Hindenburg OMEN when a stock market meltdown usually (but not always) occurs. During a free market the alpha method works great because there are good stocks to buy and bad stocks to sell in every sector. Therefore since your gain is based on the good alpha holdings less the bad shorted alpha holdings the market direction is cancels out.
But then as the market is topping the MSNBC market manipulators begin pumping stocks by the whole sector and this is made worse by the sector funds where people buy the whole sector. Gradually the ability to use alpha profitably diminishes because all the stocks in a sector then tend to move together. Then short sellers begin to go in and out of the sectors exaggerating the swings as the market average advances. That leads to polarization because the stocks in some sectors hit new highs while the stocks in the shorted sectors are hitting lows. That is when the Hindenburg Omen occurs.
But as the stock market gets into the final frothy stage the MSNBC market manipulators don’t have enough stocks to pump up so they go into the stocks that the hedge funds shorted. That panics the short sellers who then have to buy back their shorted stocks to cover their shorts and that ends the Hindenburg omen because it is no longer polarized but is even frothier.
That is where we are today and very often the market can go no further. Once the market can’t squeak out any new highs the shorts come back in full force and as the market goes down their profits grow. If their stocks drop 50% they have 50% more money to use to short even more other stocks. It has nothing to do with projected earnings and the corporations now must prepare for the worst. The drop of the market due to the short selling becomes a self fulfilling prophecy and then we in our ignorance think the stock market is just a leading indicator when in most instances it causes the economic swings.
We have said for a long time that the Obama Administration sometimes manipulates certain economic numbers to make them look good and then revises them back closer to the truth (off camera) before the next release so they can revise the next set and lie again if things are not going well. The MSNBC/Obama/Pravda stock market commentators never look back they seem to love the phony optimism. They did the manipulation in spades before the last election and even made GGP looking like we were coming out of the Obama Depression. Congress said Tuesday that they will investigate how the Unemployment numbers plummeted just before the election and then went back up in the Christmas season when more people were hired. It makes no sense. And the FED is no use if the numbers are phony Obama numbers.
http://washingtonexaminer.com/congress-will-investigate-report-of-faked-pre-election-jobs-data/article/2539413

Market rotation continues as QE floods America with cash creating jobless stock market bubbles and wasting human capital. 　
Markets can remain irrational longer than you can remain solvent –John Maynard Keynes.

World trade is down about 75% from when Obama was elected but it looks like recovery has started. Look at the last 1+ years! Use the graph or snapshot option.
http://www.bloomberg.com/quote/BDIY:IND

The VIX indicates continuing complacency with a slight adverse trend. The VIX would normally top out above 30 or even 70 before a bear market ends.
http://finance.yahoo.com/q/bc?s=%5EVIX&t=5y&l=on&z=l&q=l&c=

World market updates:
http://finance.yahoo.com/intlindices?e=europe
http://finance.yahoo.com/intlindices?e=asia