Our problems are small relative to the people of Japan, Let’s take a moment to remember their  horrific situation.

Hiromitsu Shinkawa Japan Tsunami

Japan

Just like Al Jazeera provided superior coverage for Arab news, so does NHK World in English. It has the view from Japan. A second hydrogen explosion (video) has occurred this AM.

The Bank of Japan has dumped $185 billion into their economy today – a lot of this was in quantitative easing. Stocks there down over 6% & marginally elsewhere.

operation leaks bofa

Anonymous

David Frum - Republican pols fear their base, Dem pols despise it.”

The State Department has “fired” its spokesperson PJ Crowley. He stated that US citizen awaiting trial Bradley Manning (Wikileaks informant) treatment as “ridiculous, counterproductive and stupid,”

Private Manning’s (not convicted of anything) conditions from Salon“23-hour-a-day solitary confinement, barring him from exercising in his cell, punitively imposing “suicide watch” restrictions on him against the recommendations of brig psychiatrists, and subjecting him to prolonged, forced nudity designed to humiliate and degrade.”

Also from the Atalantic –  to sleep without clothes and stand naked for morning parade:”

Speaking out against that abuse is a firing offense in the Obama White House.

At least the Cheney/Bush White House focused on non Americans.

This is just WRONG, no matter what you feel about Wikileaks

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The (in)famous group of computer hackers Anonymous (video) taking non violent action against the oligarchy that runs the USA through Bank of America today. They have downloaded files on BOA at 8:00 AM EST

If you may remember Anonymous  caught the US Chamber of Commerce and security firms/lobbyists conspiring  to smear opponents and their families.

You can follow this via Twitter here

So YOU can decide for yourself – Here’s the video Operaton A99  - Empire State Rebellion


KISS & Stocks

(Keep It Simple Stupid)

If you don’t understand a term look in up at Investopedia.com dictionary

AS ALWAYS, DO YOUR OWN RESEARCH BEFORE INVESTING!

DOUBLE CHECK ALL DATA, I MAKE MORE THAN GRAMMAR MISTAKES

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Index Percentage Volume
Dow +0.50% down
NASDQ +0.54% down
S&P 500 +0.71% down
Russell 2000 +0.41% -

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Technicals, Fundamentals & Analysis

Investors411 record - 6 years of beating benchmark S&P 500

BUBBLE-ICIOUS Investors411 term for the stock market – We are all riding on the outside of an ever expanding &  Central Bank manipulated stock bubble. See Investors411 STRATEGY section for more

  • Major US indexes had a typical manipulated (FED liquidity) Friday. The same type of low volume rally that we’ve had for the past 6 months.
  • Nothing could shake this pattern until we started having oil price over $100 a barrel. Now add Japan’s natural and nuclear disaster
  • “what is most impressive is how well this market has held up in the face of a series of events that could only be described as a Chicken Little world.” –  from John Nayardi - Living in Interesting and Dangerous Times analysis of  events starting with Bill Gross (see last week’s investors411) cashing out of US Treasuries to Japan.
  • Bahrain opposition/protest leaders say Saudi’s who troops are now helping dictator their constitutes an act of war. This is Sunni vs. Shia so potential  very explosive
  • Technical analysts from Tom DeMark to Paul’s favorite at HGSI have spoken and so many others out for months that a correction was coming. Could the fundamental factors now make this a reality?


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Shorter Term Forecasting Indexes

  • The Dollar (USD) [Any daily price move over +/- 0.50 is significant. Dollar usually moves inversely to stocks] Dollar has changed direction AGAIN. Down a a significant -0.65% yesterday. Chart for last three weeks still clearly bearish for dollar.   Oil prices now are by far the #1 forecasting index and its trumping the dollar see below. The dollar is flip flopping more than a fish brought out of water,. Impossible to call right now. For stocks dollar short term trading pattern = Neutral.
  • McClellan Index - (MO) [The very rough guideline is over +60 = overbought market = sell positions or short stocks, & -60 = oversold market = buy stocks .MO rose to -26.62 . We broke a 3 month old support level and that’s bearish. But we are approaching -60 and that’s bullish. The short term  MO Stocks outlook = Neutral/Bearish

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Reading The Tea Leaves

Technical analysis for all its benefits does not move markets. Fundamentals do.

Technicals are like road signs and traffic lights. There may be a bridge out ahead or a super highway with no traffic. Investors has listed a parade of technical analysts who have sounded the alarm over the last few months. Economically Investors411 agrees, but its because fundamental factors have changed.  Remember, What happens economically is NOT always what happens to stocks.

Its the fundamentals that drive stocks. Fundamentals like The Fed’s quantitative easing drives stocks, $100 dollar oil drives stocks and now economic catastrophes like Japan drives stocks.

The Chicken Little moment for the US economy and perhaps the world comes when investors no longer have faith in the US dollar. That’s when the bubble explodes. We are moving in that direction as gold moves higher and the dollar falls, but far from collapse.

Bill Gross’s move out of treasuries was an early warning sign. But until the dollar starts collapsing chicken little stays in the hen house

What to watch today

  • USO - ETF for oil - Oil up = stocks down
  • UUP - (Tracking ETF for dollar) Remember - The dollar is a contrarian indicator. Bad dollar = good stocks
  • AAPL – Rallied of its 50DMA..

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Positions

The Positions Section link to latest & former buys and sells  - These are positions I actually own

(I do manage 6 accounts that have other positions).

Current ETF Positions. (oldest held positions listed first)(see comments section where all trades are first announced)

  • TNA (3X leveraged small caps) Bought at  close Friday-76.22

TNA – Obviously the news out of Japan has changed dramatically. Hundreds feared has turned into well over 10,000 and we have at least partial reactor meltdowns in at lest two reactors perhaps more. – A bad day to be long at the open. 5% stop loss in place and will sell 1/2 near open.

DGP & SLVHave the potential to explode higher. Reason – Investor’s after Japan will believe even more no currency is safeWill try to buy

UCO -(2x oil prices) Why not, its also a hedge against higher gas prices.

REMX (Rare Earth ETF) - Really believe this a good long term holding.

DGP – (ETF is 2X gold) . Set to follow silver SLV and approaching breakout. Broke out to new all time high and has started to pull back.

DBC - (Commodities ETF) For a more complete list of commodity ETF’s see POSITIONS listed at top of blog  DBC is tilted to energy.  A good alternative would be DJP that is more agriculture and metals - Both DBC & DJP are on breakout runs.

RJA (Agriculture commodities Index)An ETN, not an ETF. Hopefully longer term holding. .

UWM (2x small cap stocks) TNA (3X small cap stocks)

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Look for Paul R’s always enlightening remarks on stocks and sectors in the comments section of the blog. See ”POSITION“ section of blog (at top of page) for lists of potential stocks & ETF’s including the new ”YOUR Stock List.”

Special Note - From Friday “Considering changing the Long Term Outlook to NEUTRAL” – Changed – Ironic its NOT high oil prices, but Japan that is the tipping point. Japan is the a serious factor ($5 trillion dollar per year) in global growth. When Long term Outlook is first changed it may bounce back. Time will tell

Longer Term Outlook - NEUTRAL

AS ALWAYS, DO YOUR OWN RESEARCH BEFORE INVESTING!

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