Market Report 1/31/17, sell short stop 19970, gain(90),CG(1630),11/21/16

Market triggered sell stop at 19950, closing position for gain of 90 points. New sell short position was established at 19930, with a cover short stop at 19970 for a loss of 40 points. It is a lively question to find out how long will it take for Obama "growth" oriented lap dogs to realize that Trump's efficiency moves and illegal immigration crackdown are about to change the investment matrix from stationary investing based on the whims of the Planetary Government, to dynamic trading based on economic sense, real interest rates and supply and demand in option contracts bought and sold to make a profit, instead of creating volatility. 

DJI futures are up +14, a sign that despite the drop today and the reality of Trump's executive orders, Yellen's goons are still hoping the reflation Trump rally to continue. A real sign that the monetary picture has changed will identify itself by a significant drop of DJI below supports at 19500, 18250, 17500 and finally 15,800 levels, the end of the "Rally of GS,For GS, By GS." Irate and hostile Congress people are giving some of the Goldman Sachs(GS-PC) billionaires hit men a hard time for trying to help the very same people they robbed in 2008, i.e Steve Mnuchin & Co.    

Gold is exploded to 1212.1
 and USD/CGF fell down again to 0.9904, an indication that Yellen may have capitulated and had been sworn by powers high priests to keep her money printing machine humming so US dollar is steady as long as Trump requires. Translation? Inflation on the horizon. Watch the DIA cover short buy stop at 19970.

Dow Jones 15 min delay
Dow Jones intraday chart
value 
change 
19864.09
-107.04
-0.54
Top winner and loser
Pfizer Inc.
31.73
+0.42
+1.34
Goldman Sachs Group Inc.
229.32
-4.58
-1.96

Comments

Popular posts from this blog

BIBI New Home: bibi1581.com

Bibi1581 Blog 9/29/2017:ME

Bibi1581 Blog For 9/13/2017: Morning Edition