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What Do We Do Monday Morning?, Issue #371 - Obama will not finish term?
May 12, 2013
Obama Will Not Finish Term?
Obama will not finish term? Yes, according to Mike Huckabee.
Benghazigate cover up scandal is to Obama what Watergate was to Nixon (only worse because nobody died during Watergate. Four brave Americans died at Benghazi including a US ambassador, CIA & former green beret & navy seal personnel) One important caveat: Providing the Democrats lose the Senate and don't take back the House in 2014.
CNBC/Fox News: It's going to be a long 2 years.
Allen West: "If America reelects Obama to a second term, we deserve all the pain and misery that will ensue."
ION OPTIONS Ron Ianieri, "Unexpected news can destroy any chart!", has taught professional traders/market makers how to use options (Not trade them). Let him teach you.
MarketClub 'Trade Triangle' technology approach to timing is, IMO, profoundly effective.
You should see which stocks were getting the 'red' and 'green' lights this past week. Did you get yours? Subscribe now.
MarketClub Primary Trend (monthly algorithms) on DJ-30 stocks:
UP (27) 90%:
AA, AXP, BA, BAC, CVX, DD, DIS, GE, HD, HPQ, INTC, JNJ, JPM, KO, MCD, MMM, MRK, MSFT, PFE, PG, T, TRV, UNH, UTX, VZ, WMT, XOM.
DOWN (3) 10%:
CAT, CSCO, IBM.
Dow Dogs (10 highest yielding):
T, VZ, MRK, INTC, PFE, DD, CSCO, GE, CVX, JNJ.
Dow Small Dogs (5 lowest priced among the 10 highest yielding):
T, PFE, INTC, GE, CSCO.
As of 4/30, corporate stock earnings yields on the S&P 500 (SPY) still above corporate bond yields (7.27% vs. 1.98%) thus favoring corporate stocks over corporate bonds 3.67 to 1. Keep your eye on earnings yields. That's what you're being paid to take risk. Dividend yields are only part of the picture. Gold down -11.85% vs. 1 yr ago (measure of inflation).
Countdown till 2014 elections: 26 weeks.
W. D. Gann, a keen market observer, although not an astronomer, nevertheless, was fascinated by the apparent coincidence of important market 'pivot points' and astronomical dates. Theories exist for estimating time and price of important market turning points but astronomical occurrences are computed with mathematical certainty.
There is no logical reason why these occurrences should coincide yet, empirically, they have.
The 'Full Moon' and 'New Moon', among others, have been cited. Therefore, one might be well advised to be aware of their occurrence. Note: The first 5 business days of 2008 concluded on a 'New Moon' and we all know how that worked out. Coincidence?
5/9 Thursday - New Moon.
5/25 Saturday - Full Moon (Observe market action Friday & Monday).
During the next two weeks, the following DJ-30 components report earnings. Keep a sharp eye out for price swings, up or down, (possible trading on 'inside information'?) leading up to 'earnings day' (Subject to revision):
5/21 HD, HPQ (Q1 2013 Earnings Season ends).
Dow score card for the week ending 5/10/13.
DJ-30: 15118.49 +144.53 +0.97%. The Real World (arithmetical) DJ-30: 65.62 +0.62 +.97%.
UP: 22, DOWN: 8.
Trends (weekly charts): This is the subjective part.
Rising (Generally Higher Highs/Higher Lows) 13 (+2) 43%:
AA, BA, +*BAC, CAT, DD, DIS, +*HD, +*HPQ, INTC, +*JPM, +*MMM, +*UTX, XOM.
Consolidating (Generally Lower Highs/Higher Lows) 16 (-2) 53%:
-*AXP, CSCO, -*CVX, GE, IBM, -*JNJ, KO, MCD, +*MRK, -*MSFT, PG, T, TRV, UNH, VZ, WMT.
Declining (Generally Lower Highs/Lower Lows) 1 (N/C) 3%:
+/- denotes change of direction.
* denotes change of category.
Comments? Ideas? Feedback? Let me have it, right between the eyes! I'd love to hear from you. Just reply to this zine and tell me what you think!
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