Monday, October 26, 2015

October 29 Yesterday, once again the two broader averages did not respond positively to FED double talk as did the three easily manipulated averages. On a cash flow basis almost all the money that flowed into the manipulated NASDAQ and SandP since August has recently flowed back into those manipulated indices. Yet the indicators themselves are all still below their highs because the manipulators took loses. To go much higher the manipulators of those indices will have to find new money to put in fast. We expect the economy and the stock market to tank even faster now under the “stupid Party.”

            Monopolistic mergers are now peaking under the blind eye of the “inept Obama administration.”  Election time is when the socialist turn a blind eye to monopolies because they are bought off with donations to their election campaigns.  That is how socialist corrupt crony capitalism works.   Later after elections the socialists will begin new investigations to fleece more illicit income.  That is how Putin lives like a Czar under Russian socialism.   You pay them or get cut off and persecuted.
            The distribution of wealth has actually has gotten much worse under the “stupid party.”  Ted Cruise pointed out that the income of the wealthiest 1% today, under the “stupid party,” is now proportionally more than the average worker’s income.  It broke the record in income inequality set in 1928.   Carly Fiorina pointed out that the number of women below the poverty level has increased 70% under Obama.  Obama’s socialist crony capitalism and wealth inequality has grown worse than it was before the Hover Recession in 1929 that preceded the FDR Great Depression in 1932.  Hilary Clinton of course would argue that this country needs Stalin’s socialist redistribution policies to have greater equality.   Of course they do not use the names of the socialists they admire.  And of course Hilary Clinton is correct because socialist policies lead to suppression of dissent, persecution of critics, and lead to equality of poverty.  That describes the Obama administration.
            Just this past week the Obama Justice Department forgave former IRS head Ms. Lerner, who persecuted “dissident” groups that had organization names that included patriot, Christian, Tea Party, or who just criticized Obama.   We at this blog were also targeted by the IRS then and cleared.  That is why we tripled down on our criticism of this administration.
            Last night some of the progressive presidential candidates suggested eliminating the Fed’s obsessive manipulation of money supply.  Americans could easily see that every one of the ten challenging candidates were far superior to the socialist competition.  Americans were surprised by the bias of the CNBC media after the media “Love Fest” at the boring and insipid “Stupid Party” debate.   That only hurts CNBC’s future viewership. The socialist controlled media has 14 times more viewers each time they show the new progressive party.
            October 28   It seems that manipulation of a small group of common stocks were responsible for the DJI, S&P, and Nasdaq passing through their 200DMAs yesterday while the broader NYSE and Russell 2000 did not.  But of course the market manipulators do not like to talk about the broader market indices they are harder to manipulate.   The same people who made the market go up will soon explain it dropping sharply again after they short their selected stocks that were hyped up to the limits of sanity.  The pundits are already spinning the bad news on anything the FED says this week.
Consumer confidence just dropped 5.5% and durable goods orders dropped 1.2% in September on top of the 2.3% decline in August.
         A reassessment of the Stupid Party’s GDP numbers for earlier this year shows that the annual rate of America’s economic growth was closer to 0.6% than Obama’s originally stated 2.4% growth.  In fact the US economy shrank at a 0.7% rate during the first quarter of 2015.  An estimated actual 0.6% current real annual growth rate is far below the 2.5% the FED wants before they raise interest rates and avoid a “Great Depression.”  An economic depression is the situation when FED interest rates hit zero.  Hyperinflation is when a “Banana Republic” has negative interest rates.  Obama’s apparent goal is to make America a banana republic like Nigeria and Indonesia where he got his Moslem education.   Obama and his “Stupid Party” lie and say religion and prayer was a small part of Obama’s life.  Anyone who has visited a Muslim nation knows the entire nation shuts down six times a day to say prayers (Fajr, Sunrise, Dhuhr, Asr, Maghrib, and Isha).   It is not a small part of education in Nigeria or Indonesia.  So all of the lying shows Obama and his government are still hiding his past.  Some day the truth will come out about all the  Obama-Clinton lies such as blaming the Libyan Embassy deaths of Americans on an innocent Jewish film maker who Obama/Clinton threw in jail violating his Constitutional rights and ignoring due process justice under American law.
        Home builders face a huge crisis looming in the near future.  Hovnanian’s market value peaked in 2005 and then declined 90% since then.  Its stock price declined 44% just this year as home builder debt puts many companies on the brink of bankruptcy.  The highly leveraged debt of most American companies is due to the Stupid Party’s deficit spending and monetary expansion.  Every time Congress tries to limit Obama’s spending Obama spends even more and then usually threatens to shut down the US Army and cut veteran’s hospital funds further.   The Stupid Party with its stupid President, candidates and Congressmen have driven American voters to beyond the brink of what American voters can tolerate.  Many stupid Republican incumbents will likely be driven out along with most of the “Stupid Party” in the coming years.   Americans are fed up with stupid, worthless, and abusive politicians, IRS, and other government employees who then go on to retire with outrageous benefits.
          October 27  Dr. Ben Carson’s is not an Evangelical.  His beliefs are based on a deep Seventh day Adventist faith with which most Americans disagree.  Seventh day Adventists are the people known to go door to door in the day ringing doorbells and are sometimes extreme and difficult to get to leave.  And other times they leave the neighbors angry because they tell them they are dammed for rejecting their last chance for salvation.   They are not Christian Evangelicals and most other people will not knowingly vote for a Seventh day Adventist even though Ben Carson perhaps the most sincere, honest, and intelligent of all the candidates.  And some people would not vote for him either because he says the universe was created in seven days some time between 6000 to 10,000 years ago.  Among other things, Ben Carson says that Satan is behind the Big Bang theory and the promotion of the theory of evolution.  His church also teaches that almost all evangelical Christians will join with Satan to oppose Jesus Christ.   Iowa is packed with evangelical Christians who will soon discover that Ben Carson is not one of them.   Therefore it is likely that Ben Carson’s popularity will fall off fast and he may not make it past the Iowa primary where he currently leads.
            Crude prices are still under pressure after two straight weeks of losses.  Some predict the glut will continue until 2017 with worries that the oversupply in oil products could even swell from unseasonably warm weather, economic recession, and the lengthening maintenance cycle for U.S. refineries.
            The 200DMA is still holding for the 2800 stock strong NYSE and for the broad Russell 2000.
           October 26   Today the market manipulators are now ready to reverse course as the market  indexes approach and hit the 200 Day Moving Averages which usually set the limits of bull and bear markets.  The 65DMA’s are the usual limits of the trading range within a bull or bear market while the 200DMA’s usually set the limits of bull and bear markets.   The market manipulators like Jim Crammer enhance the volatility of the markets by completely switching sides to reinforce pessimism in a bear market and the optimism in a bull market.  That is why they are detrimental to small investors and helpful to hedge funds and other manipulators.   We have just had 4 weeks of advances within the bear market that began when the 200DMA was broken in August and the bear market began.  Almost on queue the WSJ also flipped from positive to negative news today.  Today the WSJ said that US firms are warning about the slowdown in the American economy.  And while recently the manipulators were bullish and only quoted Apartment RE because private home building was down, today it is announced that Sam Zell is selling his apartment investments.  The manipulators get into markets and pump them up with optimism and then sell their stocks and bad mouth the same sectors that a week earlier were pumped up as good buys.  Today New Home Sales for Sept were reported at 468K down 18% nationally from 552K last month.
      The reality is the economy topped out over the last year and investments are now in a bear market.  Squawk Box is not just useless it is dangerously wrong and misleading.  Those enticed to buy during these past four weeks will soon panic and head for the exits again.  
       Bloomberg announced on this AM that recent polls show that 7 in 10 Americans believe Trump can beat the prevaricator/security risk Clinton and 6 in 10 think even Carlson could beat her.  
     Pat Buchanan has been attacked for exposing the fact that Pelosi and both Bill and Hilary Clinton have supported NAMBLA and the NAMBLA goal is to legislate “Children’s Rights” in the USA to supersede “parental rights” down eventually from age 16 to the age of “8 or its too late”.   That would legalize pedophilia similar to how it is legalized down to the age of nine under Sharia law.  Buchanan has been an honest straight talker for many years and was pointing out that the Democrats labeled a Republican NAMBLA member, Foley, a predator while saying Democrat pedophiles are just victims of bigots.   The new CEO’s of Walmart and Apple also support the NAMBLA objectives.
       Walmart hits a tail spin as their First Amendment opposition deter shoppers and hair-brained management ideas cause increasing losses.   They cut staff, hours, inventory, and now selection options to offset losses since their CEO attacked and threatened to boycott individual states like Indiana that were supporting the US Constitution’s first Amendment right of business people to boycott NAMBLA related functions.   The immature CEO can’t focus on the business and still wants to play with toys.
          We would not recommend investing in the following companies until their CEOs responsible for their attack on religious freedom apologize or are removed.   A massive consumer boycott of their products will likely grow and grow and grow as long as these corporations are perceived to ignorantly or stupidly oppose the religious freedom of American’s to oppose groups associated with pedophilia.
1. Apple
2. Walmart
3. Yelp
4. Salesforce
5. Angie's List
6. Eli Lilly
7. Gap
8. Levi's
9. Twitter
10. Anthem
11. Nike
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