Market Report 2/24/17, sell stop 20,550,gain(600),CG(1630),11/21/16
A new long DIA position established at 19950 with a stop at 20,550 led to a gain of 600 points. With brand new 9.1 trillion of borrowing limit and total National debt of 29.1 trillion, Trump dismantling banking of fiduciary rules and cut-down of Dodd-Frank act, wolves of Wall Street have been released to run forever, at least during the next four years. Translation? Obama, Yellen & Co outrage is continuing gloriously under Trump, and will not be surprising if total debt after all tax cuts and other perks reaches 40 trillion before his term is over.
Dow 25,000 is within reach, with stock multiples in sky high range and a burst of hyper inflation to soon become visible as in Germany, in a glorious stock market rally subsidized on the credit card and robbery of the savers.
Market up 11 points to 20822, DJI futures are down -10 in Yellen's rotation rally based on promise by Trump to enact "phenomenal" tax cuts next week.
We are witnessing an incredible contradiction, as Trump & Co is supposedly fighting tooth and nail with the "fake news" media, GOP Establishment,Unified Party USA with Mr.Soros hordes also included in the war hostilities over the immigration status of a group of completely irrelevant illegal aliens, when at the same not a word was uttered by both sides about the increase of National debt by 9.1 trillion dollars to a spectacular 29.1 trillion, or $100,000 per US person. If this does not smell like a rat hole, I don't know what does. To give an idea of the magnitude of this ongoing charade, it took Obama 8 long years and fights with GOP to spend the same amount.
Gold down to 1257.1 and USD/CGF up to 1.00699. Inflation on the horizon with the new 9.1 trillion increase of National debt limit by Establishment GOP and Unified Party USA. Watch DIA sell stop at 20,550.
Dow 25,000 is within reach, with stock multiples in sky high range and a burst of hyper inflation to soon become visible as in Germany, in a glorious stock market rally subsidized on the credit card and robbery of the savers.
Market up 11 points to 20822, DJI futures are down -10 in Yellen's rotation rally based on promise by Trump to enact "phenomenal" tax cuts next week.
We are witnessing an incredible contradiction, as Trump & Co is supposedly fighting tooth and nail with the "fake news" media, GOP Establishment,Unified Party USA with Mr.Soros hordes also included in the war hostilities over the immigration status of a group of completely irrelevant illegal aliens, when at the same not a word was uttered by both sides about the increase of National debt by 9.1 trillion dollars to a spectacular 29.1 trillion, or $100,000 per US person. If this does not smell like a rat hole, I don't know what does. To give an idea of the magnitude of this ongoing charade, it took Obama 8 long years and fights with GOP to spend the same amount.
Gold down to 1257.1 and USD/CGF up to 1.00699. Inflation on the horizon with the new 9.1 trillion increase of National debt limit by Establishment GOP and Unified Party USA. Watch DIA sell stop at 20,550.Dow Jones 15 min delay | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 | value | change | % | | |||||||||||||||||||||||||||||||||||||||||||||||||||
| 20821.76 | +11.44 | | +0.06 | | ||||||||||||||||||||||||||||||||||||||||||||||||||
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