Market Report 3/28/17, cover short stop 20750,CG(2530),11/21/16
A new short DIA position was established at 20,850 with a cover short stop at 20750 for a gain of 100 points: The previous long position was covered at 20900 at a loss of 50 points.
Market gained 151 points to 20,702 as rally attempt fizzled, led by Goldman, DJI futures are +11, a reversal attempt may be coming due to rumors Trump tax cuts are coming. Raising interest rate and Trump's war with Unified Party USA and GOP establishment may finally start to depress the market, but is very doubtful that Yellen will allow market to drop below 20,000. The only way markets can return to normal is Yellen's removal from the Fed by action of Congress.
Gold fell to 1251.3 and USD/CGF rose to 0.9922.Inflation on the horizon with the new 9.1 trillion increase of National debt limit by Establishment GOP and Unified Party USA.
Watch DIA cover short stop at 20,750.Yellen's attempts to destroy Eurasian block by sending gold prices below 1000 will not succeed since both Russia and China are buying their whole gold production in local gold backed currency instead of money printing machines. In other words, US has lost controls of the precious metals complex, and with Trump's infrastructure and tax cut campaign the National debt will soon be at, or over 30 trillion dollars, since D.C. swamp alligators have no intention of allowing any budget cuts touching their pet projects. Have you heard "Deep State" conspiracy theory lately? Read "Ziban Must Die" for further insides on the real US government.
Market gained 151 points to 20,702 as rally attempt fizzled, led by Goldman, DJI futures are +11, a reversal attempt may be coming due to rumors Trump tax cuts are coming. Raising interest rate and Trump's war with Unified Party USA and GOP establishment may finally start to depress the market, but is very doubtful that Yellen will allow market to drop below 20,000. The only way markets can return to normal is Yellen's removal from the Fed by action of Congress.
Gold fell to 1251.3 and USD/CGF rose to 0.9922.Inflation on the horizon with the new 9.1 trillion increase of National debt limit by Establishment GOP and Unified Party USA. Watch DIA cover short stop at 20,750.
Yellen's attempts to destroy Eurasian block by sending gold prices below 1000 will not succeed since both Russia and China are buying their whole gold production in local gold backed currency instead of money printing machines. In other words, US has lost controls of the precious metals complex, and with Trump's infrastructure and tax cut campaign the National debt will soon be at, or over 30 trillion dollars, since D.C. swamp alligators have no intention of allowing any budget cuts touching their pet projects. Have you heard "Deep State" conspiracy theory lately? Read "Ziban Must Die" for further insides on the real US government.Dow Jones 15 min delay | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| 20701.50 | +150.52 | | +0.73 | | ||||||||||||||||||||||||||||||||||||||||||||||||||
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