Market Report 1/19/16,csts 16250, gain(60), CMG(3106), 11/20/15
Markets oscillated on the both side of the axis, long term partial stochastics momentum negative, short term trying to form a bottom, cover short trading stop 16250, gain(60), DJ futures -69. On the long term USD/CHF chart, we are close to the declining secular trend line emanating from the high at 1.307 area, an indication that major institutions still view the US dollar as a throw away currency due to the sincere efforts of Obama, Yellen & Co money printing. "Spendie" Sanders unveiled his Universal Health Care Plan which is nothing else but even more brutalized Obama care with heavy taxation on top, so the dreamer sweethearts that wish to shoot down Trump and send "Spendie" to Washington will bring the US another notch down to the miserable socio-communist so called democracies of EU, currently converting to Islamic Sheikdoms soon to be following the Sharia law.
Trump is continuing to gain momentum, and should he win the primaries in NH and SC the RNC will have to choose a WW3 or send him to the election as the GOP candidate. Translation? More volatility since the Unified Party USA and the GOP Establishment are unwilling to even consider a Trump win, that's why Kasich is crawling in, a knife in his mouth, trying to be the "dark horse" of the election. Very determined losers, aren't they those RomRyns? After a 2300 points drop like this it is customary to have a very hot and passionate bear market rally challenging the 200 moving average above in the 17,000 area, a golden opportunity to establish another successful short position. Watch the stop at 16250.......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.
Trump is continuing to gain momentum, and should he win the primaries in NH and SC the RNC will have to choose a WW3 or send him to the election as the GOP candidate. Translation? More volatility since the Unified Party USA and the GOP Establishment are unwilling to even consider a Trump win, that's why Kasich is crawling in, a knife in his mouth, trying to be the "dark horse" of the election. Very determined losers, aren't they those RomRyns? After a 2300 points drop like this it is customary to have a very hot and passionate bear market rally challenging the 200 moving average above in the 17,000 area, a golden opportunity to establish another successful short position. Watch the stop at 16250.......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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