Market Report 11/24/115/ sts 18000, gain (100)
$DJI futures +9, trend reversal rally to continue, Resistance 18002, support 17589, stochastic at 85%, USD/CHF and /GC trends are the same, and despite all negative news Yellen's market may do the impossible and rally to a new high. Translation? In their endless arrogance the Unified Party USA still considers Trump a no event, the blatant deflation, raging wars and terrorist attacks emanating from the Middle East irrelevant to US economy, thus continuing to lead the country and the world into the green pastures of Obama/Buffet bright future. Ralph Nader got a response from Yellen regarding the seven years of zero interest rates. Her reply was as expected; The 800 billions of dollars squandered from US investors all went toward rebuilding the economy; i.e promulgated the twisted and convoluted ream of Obama to take money from savers and give it to bums. Stand by for more details........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.
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