We have been holding to the idea lately that the market would be at one of those “turn either way” points when the election gets here.
Over the last day, or two, one of our trading indicators (which our Peoplenomics.com subscribers will know as “the Trading Golem” has been revealing a great deal.
The main point, though, is that while it’s looking like we will go into the election around lows, the actual day after (say Nov. 7 and on) may be one of those “kiss of death” of the underside of a trend channel things that we have noted many times before.
This is not to say that the world will end just yet – we gave subscribers a “crash date matrix” that looks like a downer again after the election, then some semblance of order to markets, but all that could fall apart late in November. Not saying this will, nor is this financial advice, but it’s a way to be thinking about things. Dynamic. Momentum. Terms like that.
A lot will have to do with the news flow and we wonder who’s paying the bills for those people massing on the southern border of Mexico trying to make their way north to a border showdown?
War with Mexico Inching Closer
The Associated Press coverage of those migrants massing on the border of Guatemala ready to pop over into Mexico and make a run for the US border makes for an interesting read.
In the Machiavellian world of politics we are not sure exactly who is footing the bills since republicans could try to underscore the madness on bordering. Or, the dems could foot the bills to generate tear-jerker sympathy media tripe to fuel their bordering on madness. As we figure it, everyone’s nuts. Countries have borders – even the socialist flops that the idiots against America don’t seem to remember (Soviet Union and Venezuela) had borders. Mainly to keep their victims hostage, but you get the picture.
Which gets us to reviewing…
Notes on the Radical Left
This is rich: Beto O’Rourke would vote for Trump’s impeachment, says ‘there is enough’ evidence. We have to wonder if he Beto should hold off – since he’s willing to convict based on mob psychology. Even the spacial (sic) prosecutor hasn’t been able to gin up collusion (which was his mission before the fishing poles were handed out and the democrat operative in Just Us got hold of things).
Here it is again: proof to us that the old saying “Democrats are fine, just so long as facts aren’t involved” is as true today as it was back then.
(Did Iever mention my late uncle Stanley trained his large collie named Happy to bark and growl furiously whenever the word “democrat” passed by in conversion. “Happy! Democrat!” and the dog would go nuts…)
Stories like the one in the papers this morning about how “Texas Dems ask noncitizens to register to vote, send applications with citizenship box pre-checked” are not going UN-noticed by voters here in the “clear-thinking” state.
Meantime, we can’t help but laugh at Claire McCaskill’s call for an investigation of Project Veritas for their undercover video where she admits to supporting the hard-Left anti-gun agenda. Just something voters are being lied to about. But don’t worry, them angry people of the left will take care of us all……(ahem…) Like we all got to keep our doctors and healthcare would be cheaper? There’s a term in psychology: Pathological.
Grabien‘s montage of socialist spew “Ocasio-Cortez on Kimmel: Like, Like, for Sure, Like, Yeah, Yeah, Like Yeah [Montage]…” was fun…no…accurate; yeah, sure, sure, uh-huh….Still Kimmel keeps bashing with “Kimmel trolls New Yorkers with fake report that Lincoln Center will be named after Trump.”
Speaking of PC shills (which one?), did you see this? Former U.K. Prime Minister Says Electing Women Could Help Combat Wave of Populism. Umm…like, oh, Clinton, Pelosi or McCaskill or Oh-Cortez?? Yet another run at dividing the sexes – another favorite tool of divide-and-conquer liberalism.
But while the media whines about Weinstein and bashes men#2, along comes this kind of story (‘RHOBH’ star Camille Grammer shows off beach body on Hawaiian vacation) which leaves us adjusting our filters wondering if there really is consciousness in the breakdown of the bicameral media. (*No is the right answer…it’s all about eyeballs and ad revenue! You’re just a suckerfish being played by the world for their profit, not yours…)
Watch Out Soros, though:American CEO’s have entered the mid-term bidding (to buy the best politicians money can buy) in a big way enumerated here.
We’ve long-held that elections would be better decided on eBay since at least there, the people who have the most money – hence the most “skin in the game” would buy the outcome.
Wait…that’s going on already….silly me. Just no eBay fees. Ad sales and marketers only…sheesh.
Quips and Snips
So, how is that “ruler for life” plan working out? China moves to lift confidence as economic growth hits weakest pace since 2009. Xi whiz?
Meantime Wife Of Ex-Interpol Chief Held By China Fears He May Be Dead. Odd how this works: A journo death in Turkey gets people whipped up but the missing LEO doesn’t?
Not sure how this helps Tesla: Tesla launches new $45,000 Model 3.
And here’s one to notice: China Plans to Launch an ‘Artificial Moon’ to Light Up the Night Skies. Perhaps it should be named One Hung Moon? ( OHM…..)
Reader Service Note
Thanks to a reader bringing it to our attention, we are working on why our “hamburger menu” on mobile ios not working right. Got developers working the problem. On desktops things should be fine in the full-screen mode….
But since the “hamburger menu” isn’t working we’re working with our “hamburger helpers” is the point.
If this week was the “bounce to save paying off bear option holders” it hasn’t been much of a squirt. So we look at next week with little in the way of economic news on the docket till
Fed notes Wednesday. Dow Futures are +106 at click time.
A note to housekeeping: Clean under the bed thoroughly because there is a chance we’ll all be huddling their with the dust bunnies before the year is out. PN subscribers, refer to the Crash Date Matrix of Wednesday…it will be in Saturday’s report as well…
Time now for the breakfast of champion (which is when I eat)…moron the ‘morrow… I’ll be out at the mailbox immediately thereafter awaiting for a shipment of 2N7000 MOSFETs to arrive to fix a piece of ham gear…they cross from a Heathkit PN4858 old school – we had the MRF502’s on hand…used in the HD-1424 pre-amp….wait…isn’t this site about finance and getting rich not arcane electronic restorations?
Oops! Where are them ADHD meds, anyway?