Blame the Victims

Enrich the Perpetrators

Janet Tavakoli has an excellent editorial in the Huffington Post Some quotes -

“Yet, as Arianna Huffington points out in her latest book, banks continue to find ways to get Americans to subsidize problems that the banks themselves were chiefly responsible for creating. Consumers struggle to keep up with payments as the unemployment rate rises along with food and energy prices, and loan resets kick in:

…When they don’t, banks, trying to offset losses in other areas, turn around, hike interest rates, and impose all manner of fees and penalties–all of which makes it less likely consumers will be able to pay off mounting debts.”

The shadow financial institutions have in NO way been held accountable for the trillions in damage they created by America’s political and legal structure. They blame the victims and are still enriching themselves while YOU sufer and will suffer more consequences (example – the inflation that will follow).

The only way to resolve this problem is to “Break the choke hold That special interest money has on our politicians.”



Bomb found on MLK Parade Route

Just like the Arizona shooting this is plane and simple terrorism fueled by the growing violence of the far right in America.  This time the FBI is calling it “domestic terrorism”


YOUR Comments

Yankee Bob has another editorial and many of you commented – Too see editorial link here and scroll down



KISS & Stocks (Keep It Simple Stupid)

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




NoteOverslept this AM & have NOT had time to check lots of sources

Index Percentage Volume
Dow +0.43% flat
NASDQ +0.38% down
S&P 500 +0.14% up
Russell 2000 +0.00% -




Technicals, Fundamentals & Analysis

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

  • Yesterday tech general AAPL rallied through out the day to close down -2.25%. This is bullish news (see yesterday’s blog & below) Apple had blowout earnings after the bell and looks to be up in Pre market trading.
  • The only short term danger here is in major US indexes becoming too oversold. We keep inching higher as the Fed money flows (see past updates on POMO)



Significant Shorter Term Forecasting Indexes

  • The Dollar (USD) [Any daily price move over +/- 0.50 is significant. Dollar usually moves inversely to stocks] A moderate rally Friday of  -0.47%. We were close to support levels or bottom of an almost 2 month long consolidation range Friday. Support broke yesterday.  So outlook for stocks. Today will act as confirmation of break down through support. = Neutral/Bullish
  • McClellan Index – (MO) [The very rough guideline is over +60 = overbought market = sell positions or short stocks, & -60 = oversold market = buy stocks.] Sorry No data available for MO today, – Don’t know why. but would imagine its at over +20.  Pattern of higher highs and higher lows continues.  Outlook overall for stocks = Neutral

NB - If “Neutral” (or any word) is bolded and ”bullish” is not It gives more weight to the Neutral.


Reading The Tea Leaves

What to watch today

AAPL – Tech market leader is somewhat over bought. – From yesterday – Expect a big hit early on the Steve Jobs news. If Apple does not loose 4% today = It’s one strong bull market.”

Bottom Line - Hope lots of you followed  suggestion to BUY AAPL on the dip yesterday (See yesterday’s blog’s Bottom Line section) I’d take profits (now above 5%) or sell 1/2 today and put 5% trailing stop on the rest.



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)

  • UWM - (2x small cap stocks) UWM still outperforming other US indexes. – Add too on dip. Investors has owned multiple positions in UWM that is up over +20% since originally added on 11/22
  • REMX - (rare earth metals) Placed 5% trailing stop on 1/2 the position. Another stop/loss at 7% below purchase price.

Under consideration (Note below section was written Friday)

UCO -(2x oil prices)  Challenged its resistance/break out level but failed. Would buy any pullback close to 12.1

REMX (Rare Earth ETF) –  Rare commodity used in everything from some TV’s to hybrid cars. Is back moving in right direction.

EWZ (Brazil) & LBJ ( 3x Latin America – majority Brazil) Obviously the later is more risky because its leveraged 3X. Both are lagging US stocksand will be dropped from list for now.

UYG (ETF that does 2x Dow financials) XLF is the financial ETF. - Shadow banks have numerous advantages. – Opaque, special help from Fed and your still on the bottom line to bailout too big to fail institutions.  This sector is being manipulated higher by Fed. Those that can overcome ethic problems with shadow banks could consider buying. Yes this is another bubble building. Warning – over extended right now, but doesn’t seem to matter. Buy the dip

DGP – (ETF is 2X gold) Will buy back into this 2x gold ETF on dip.  This is a tough buy right now because the down days have big volume and up days small volume.


Look for Paul R’s always enlightening remarks on stocks and sectors in the comments section of the blog. See POSITION section of blog for lists of potential stocks & ETF’s including “YOUR Stock List.” (YSL#3)

Longer Term Outlook - CAUTIOUSLY BULLISH


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