Monday, August 3, 2015

August 6, 2015 Earlier this year the CEO’s of several corporations (Apple, Walmart, Yelp, Salesforce, Angie's List, Eli Lilly, Gap, Levi's, Twitter, Anthem, and Nike) threatened to boycott Indiana and other states if they passed a law affirming the “Bill of Rights” first right, the freedom of Religion. About 95% of Democrat Party supporters who stopped to answer a question below support the repeal of most or all of the American Bill of Rights. “No one ever said democracy would work if people are stupid. Still, no matter how low your expectations are, this is painful.”



http://www.powerlineblog.com/archives/2015/08/hillarys-supporters-want-to-repeal-the-bill-of-rights.php


            In a separate poll they would now support Obama launching a nuclear attack on Russia.   Putin put that video on Russian television to point out the danger of this elected administration and the stupidity of its supporters. 


            Here is a more radical socialist group that is even more stupid that not only believes both dominant American parties want to nuke Russia and thinks Russia is better and says we should join their special socialist stupid party and partner with Russia.


            The Breadth Index (new highs – new lows) is flashing a warning of a bear market.


            Only the NASDAQ has not shown the end signs of this economic cycle.  The flood of IPOs this year was paid for with personal and corporate bank loans that have injected many $billions into the American, European, and China’s stock markets, now making those banking systems much more vulnerable to the crash we anticipate this year.


            August 5, 2015   Apple fell another 3.2% Tuesday and crossed below its 200-day moving average for the first time in almost two years.  The close below that level is bearish signaling a likely new long-term downward trend according to followers of technical analysis.  Apple’s Stormtrooper tactics to destroy America’s religious freedoms has caused an enormous backlash that is only beginning to be felt.  Smart investors realize Apple’s stock is going nowhere now until their CEO is replaced.  That is ditto for all the other companies that threaten US Constitutional freedoms.




           The DJI crossed below its 200-day moving average several days ago giving a sell signal.  And the Standard and Poors index 65 dma has just peaked out according to the WSJ.  Next its 200-day moving average will watched for a sell signal.


         Based on a 50% reduction in demand by China for copper it is evident that China’s current growth rate is about half of what it was last year.  Yet China is still making the mistake of throwing away YAUN to prop up their stock market.  That will cause further dislocations in their economy.  China has been pouring money into their stock market and wasting it for over a year.  The Obama depression has cut American demand for Chinese products.   Obama subsidies to Tesla and solar energy cannot survive the Obama depression.  America will export more coal and oil now that Obama is stupidly manipulating EPA regulations because Obama does not understand economics.  American oil and coal will still be burned in China but America will suffer due to high cost of “Stupid Party” regulations. 


          The Wall Street Journal cast some light today on why the Obama administration and the “Stupid Party” are so stupid.  They cheated their way through school and have no useful education.  Not only were many allowed to cheat, but they were encouraged to cheat on exams and their teachers were even proven to be cheating by correcting their answers because the corrupt “Stupid Party” leftist teachers think that gives the corrupt teacher’s union a justification to demand higher wages.  They know it hurts the students!  Prior to the “Stupid Party,” government workers were forbidden to have unions because the unions are at odds with the national interest.  We have proof of the dumbing down of America exemplified by the “Stupid Party.”  And clearly Obama had his school records sealed because he is hiding something about his lack of a real education. 


         Construction Spending in June dropped to +0.1% down from +1.8% last month.  It could be just government incompetence with simple math again. 


         Who is arming the murderers in the cities?  It isn’t the hunters or the retired war veterans or the American police.  Who ran “Fast and Furious” that armed the Mexican Drug Lords so they could slaughter the Mexican police and anyone who opposed them?  That wasn’t the American hunters or the retired American veterans or the American police either.  We know Obama and Holder created “Fast and Furious” with the intent of blaming the hunters, the retired veterans, the American police, and other decent gun owners for all the thousands of inner city criminals with illegal guns that the “stupid Obama party” deliberately put in circulation.  When the first American Border Guard was killed with one of Obama’s guns, Hillary claimed it was American legal gun sellers that were responsible not Obama and Holder.   But then she realized it was Obama, Holder, and her political party behind it.  But Hillary did nothing to expose the evil plan.  The “stupid party” is pretty stupid, but who could have suspected their "fast and furious guns" would still be killing mostly poor Americans in cities.  Obama and Holder are the ones that distributed the thousands of illegal guns that found there way back to America along with cocaine from Mexico.






            August 4, 2015   The price of Oil tumbled again as world economies slowed further and reserves have begun to reach storage capacity limits.   But the stupid party just targeted the energy industry as their enemy while China and India are the world’s biggest polluters by far.   More energy companies will be bankrupted by the “stupid party.”  The energy sector is being forced to sell at any price or sell less.  U.S. factory activity fell in July and consumer spending grew at its slowest pace in four months in June all indicating that the economy continues to lose momentum.  However the weak economic data did not change economists' expectations that the Federal Reserve will hike interest rates a tiny bit this year (0.1% to 0.2%) to try to ward off hyperinflation.  But in any event we expect the stock market has already passed its peak valuation and could drop 40% to 90% over the next year depending on just how stupid Obama, Hillary and their stupid party can get. 




          We now have a racist anti-Semitic “stupid party” government and racist street crime has doubled in the last year with rioting in the cities.  But the Stupid Party wants to make things worse by slapping penalties on energy resources, and stopping pipelines possibly causing energy shortages, blackouts, more poverty, and more riots ahead.  The worst rioting was under Lyndon Johnson in 1968.  It died out when his stupid party was voted out of office.  Currently the Obama-Clinton “stupid party” supports Planned Parenthood that sells baby body parts and according to Elizabeth Warren can and should sell whole baby cadavers.  They also support NAMBLA that preys on American children.  We can count on Donald Trump rubbing their noses in their sick policies.  Remember also the killing of a Green Beret’s family at Ruby Ridge and the slaughter of a religious Bible study group of many women and children at Wako…. by the Clinton’s when the Clinton’s got their opportunity.  They also taxed churches when any pastor expressed their freedom of speech against socialist fascists and child molesters.






           U.S. District Court judge Emmett Sullivan has ordered Hillary Clinton and two of her top aides at the State Department, Huma Abedin and Cheryl Mills, to attest, under penalty of perjury, that they have turned over all official government records in their possession.  Judge Andrew Napolitano said that if Hillary Clinton signed any one of two key documents required of all resigning government officials, she "probably committed perjury" in regards to the email security breach that has dogged her for weeks. 




          Republican President Ronald Regan re-established intelligent government and peace in the world.   And being as idiotic as today’s socialist fascists are in the “Stupid Party,” they called America’s great president Regan stupid many times.  The “Stupid Party” today is once again as stupid as it was under the peanut farmer, “Jimmy Carter” but many times more corrupt.  This corrupt “Stupid Party” is the only American party to spy on and harass everyday Americans just like the Nazi and Communist parties did.  It will only get worse if the fascist crony capitalist socialists stay in power and attack the Christian morality code as socialists historically have done.






          Yesterday Greek stocks lost one sixth of their value as their economy is in free-fall.  But the Greeks are intelligent people and tourists are returning in droves.


           ISIS is infiltrating the Kurds.  Either ISIS or the Kurds will inevitably be annihilated.  The Kurds must decide which it will be.


            August 3, 2015   Chris Matthews a leftist news commentator discovered that the DNC Chairman cannot explain the difference between her “Stupid Party” and socialism showing again the DNC’s stupidity starts at the very top.  The problem is she can’t admit that DNC socialism plus their corporation cronyism with NAMBLA supporting corporate demigods equals fascism in the form of socialism that led to World War II and the repression of opposition religious groups that came to the aid of Jews.  Israel today knows the Obama fascists are a danger to world peace since they unleashed ISIS when he (Obama) completely abandoned Israel and Arab democracies.    NAMBLA was formed with the Boston Priest that was accused of preying on over 60 alter boys during the previous Clinton Administration.  Hilary Clinton supports opening the American Boy Scouts up to allow NAMBLA members to be scout masters. The following corporations are lead by crony capitalists who fund and support Hilary Clinton because they too are against the American Constitutions religious freedom to oppose groups like NAMBLA that want to prey on our children.  No economy of an immoral, stupid, inept, CEO’s with a similar corrupt government can survive bankruptcy. 










            It is an opinion that the following companies are now part of the organized political and moral corruption of crony capitalism and that the Obama administration probably cleared their attack on American Religious freedom this past spring.   (Apple, Walmart, Yelp, Salesforce, Angie's List, Eli Lilly, Gap, Levi's, Twitter, Anthem, and Nike.) Their CEO’s deceive themselves into thinking they are Gods gift to America.   We would not touch their stocks at this time based on the corruption implicit in their cronyism with the current corrupt manipulative administration.  Hitler’s gay Stormtroopers thought they were God’s gift to Germany too. 


One American journalist wrote, "[Röhm's] chiefs, men of the rank of Gruppenfuehrer or Obergruppenfuehrer, commanding units of several hundred thousand Storm Troopers, were almost without exception homosexuals.”






          There are not many Moslems in America but under their Sharia law they decapitate or burn homosexuals alive.  Christians are the vast religious majority in America and have opened their churches to homosexuals to the extent that they are welcome members and there are homosexual priests, cardinals, and pastors.  But the Stormtooper tactics of Apple, Walmart, Yelp, Salesforce, Angie's List, Eli Lilly, Gap, Levi's, Twitter, Anthem, and Nike have started a backlash.




          30,000 Mexicans died with “Fast and Furious” which was an Obama-Holder attempt to blame American hunters and veterans for the Obama 2008-15 Mexican gun running deaths.   Next, thousands of Americans were illegally harassed and audited by Obama/Holder’s IRS in 2011-2012 because they had Christians, moral, or had patriotic beliefs. Now the above private industry CEO’s coincidentally joined in a coordinated attack on the very same religious people Obama-Holder and the IRS have targeted. 




         Pending Home Sales June plunged -1.8% from 0.9% last month


Sentiment - Final July 93.1 down from 93.3 and is near the level of the 2007-7 market collapse and about 40% lower than when the Clinton Administration’s 2000 collapse began.




          Blackrock’s Koesterich today predicted higher stock market volatility and lower US growth for the rest of this year.  He said wait a few months for at least a 10% decline.  He does not anticipate a new bear market but would still wait for a decline in stock prices.


          The WSJ now shows the 65 day moving average (DMA) seems to have peaked for most indices and the 200 DMA’s are now peaking.   When the 200 DMA’s have peaked we will be in a publicly recognized bear market.  As we have said since last October 2014, we expected the earliest the bear market would begin is early summer and most people (even Jim Cramer) should recognize it by October 2015.  Our analysis looks at estimated cash flows as opposed the index prices and that is why it predicts earlier than the price movements. 

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