Market Report 10/28/15/Unlimited Debt/no caps/sts 17002

As expected John "I love Nancy" Boehner and the GOP Establishment made a deal with Obama to pass a no limit debt authorization for two years, to be supported by Paul "I would cut my own grandma's $817 a month SS check by a half" Ryan, another CFR soldier, traitor to the conservative principles and exponent of Soros "Open World" Foundation. Why the two year budget? Apparently the Unified Party USA is expecting the victor of the 2016 election to be one of theirs RomRym drones like Sanders or Hillary, hence the second year authorization would prevent a crash and embarrassment of the new President. As for the so called GOP debate, it was a disgusting and thinly veiled assassination attempt against Trump and the rest of the outsiders, helped by an attack by Kasich and others Establishment clowns on the anyone who would stand against the power grab in DC and continuing money printing by the Fed. In this view, it is clear that the markets and Yellen's panzers are crushing anyone who had the audacity to establish a short position with $DJI some 500 points below the all time high of 18351, an indication that the Exchange Insiders and Wall Street Investment Banks have already discounted a GOP loss and are moving higher, mopping out all shorts along the way. $DJI futures -48, new sell trailing stop at 17002, Resistance 18150,18351, Support 17136,16735, close at 17780. Gold /GC in a daily down trend supported by a very strong rally in USD/CHF , Resistance 1.000, Support .98,0.9652,0.9541...........Disclaimer: Investing in the stock market involves risk of loss. The market commentary provided by bibi1581.blogspot.com is for entertainment purpose only, and it is not to be construed as suggestion or investment advice to buy or sell securities. Always consult a registered investment professional or broker before committing money to any stock or option instrument. Bibi1581.blogspot.com is not responsible for any direct or consequential losses incurred in violation of this disclaimer. Read all SEC rules and regulations before making investment decisions.

Comments

Popular posts from this blog

Bibi1581 Blog 9/29/2017:ME

Bibi1581 Blog For 9/13/2017: Morning Edition

Bibi1581 Blog For 9/12/2017: Morning Edition