.

Buying Democracy

.

How money

Wins Campaigns and  Destroys Democracy

Part 2

.

What if Sheldon Adelson (8th richest man in USA and pictured above) decides to give Newt Gingrich’s Super Pac more than the $10,000,000 he already has? After all $10 million is not even close to one day’s profits from his giant gambling empire.

What if Adelson gives $100,000 million?

What if a Saudi Prince through an American corporation he own/controls/influences  decides to give a $100,000 million?

What if George Soros (7th richest in the USA) decides to give Obama $100,000 million?

Just because Adelson’s chosen to be open about his contribution, doesn’t mean the others have to be open about their contribution.

Money sure helps win elections. (There are some other infuencing factors)

  • Gingrich & Romney spend the same amount of  money in S. Carolina and Gingrich wins.
  • Romney spends the 5 times what Gingrich does in Florida and Romney wins

Where is the Outrage in the media?

There is almost none.

Why?

Because both Democrats and Republicans are out getting all  wealthy oligarch Super Pac money they can.

Its all legal.

_____________


Here’s a photo of one leader who has consolidated power in a supposed democracy with the help of his own wealthy oligarchy. Now, Even billionaires who opposed him are in Siberian jails.

.

Russia’s Vladimire Putin with a former friend

Think this will never happen in the USA?

Did you ever think there would be a legal $10,000,000 campaign contribution to influence a presidential campaign by a Vegas casino owner in the USA and no one cares?

.


********************

.

STOCKS

.

Wall Street Bull and OWS Symbol

.

Short Term Outlook

  • Technicals (Just a reminder of how to evaluate markets/sectors/stocks) Technical analysis identifies the trend by looking at charts of how stocks move. Simplest form a stock price goes up = bullish trend. Down = bearish trend.
  • Chart patterns get a bit more complicated than simply up = bullish and down = bearish, but all in all they act as signposts, or traffic lights on a (price level) road. The worst signs are U turn and Detour.
  • Fundaments- These are the drivers of stocks –  The earnings reports, the jobs number, GDP, money supply and a host of other significant factors.
  • Fundaments are the drivers and the car that move along the road. One good or bad earning report can shatter any sign or light on the technical road.

_______________


  • Our #1 technical forecasting tool, the McCellan Oscillator (MO)was basically flat at +46.98(for more see  STRATEGY link at top of blog)  = NEUTRAL/bearish
  • Repeat from Friday – “The MO can be read like any chart (see  above link) – Three times in January the MO has tried to break out above the 55 to 60 range and failed. Yet is has stayed in a very tight range between 30 and 60. If this range/trend breaks  on the top side bulls win and on the bottom bears win. The fact that the trend is from + 30 to + 60 instead of minus is BULLISH
  • DAX (Germany)  down 1.2%  at 9AM EST. Not good for US markets. Big European Meeting this week. But they are all big meetings. Just lie all 19 Republican debates – each is hyped and hyped
  • Two more considerations for Option combinations. BIDU (Monday earnings) A short term trade.MCP as a possible long option term combination trade.
  • Reading Tea Leaves – It seems the majority of market tea leaf readers I look at are predicting some kind of pull back this week – It would be healthy if markets had a minor consolidation. Earnings season is winding down so outside economic news will start to dominate.
  • The Key to Watch for – Any signs of Central Banks manipulating stocks or bonds. Rumors of a QE #3 abound. (google – news QE 3)

.

********************

.

Paul’s Corner

.

Home Builders Fact or Fiction?

This Saturday I posted the following home building discussion into the comments section. I am reposting it here in case you missed it.

Key Report for Home Builders ETF

LINK

Check the video in the report!

Fact or Fiction?

Now before any of you suggest I should have considered this sort of information before adding several home builders to Your Stock List, keep in mind I read the charts, watch the Industry Groups , etc., and trade accordingly.

Six weeks ago or so I posted a list of home builders to check out. Several had nice charts and a very nice price climb since that post. Did any of you profit from that post? URI was on that list and you would have made a bundle!

LINK

Back in October in the comments section I made a post listing home building stocks that were found in my favorite HGSI High Demand Search. I wish I had paid attention to that signal HGSI handed out!

RYL posted earnings Friday and its share price dropped like a rock at the open to 16.96 and almost immediately climbed to 19 and closed for the day at 18.41. I didn’t listen to the conference call but investors must have liked what they heard.

Several other builders (LEN, DHI) have reported good earnings, beat estimates etc. So do we ignore the charts or trade based on one of Cramer’s videos? That video almost makes you scared to never buy a home builder again. Is the economy that bad? I donno, manufacturing factories are opening nicely in my area, they are hiring again.

Semiconductors

Oh, the semis are moving. Your Stock List and your participation is appreciated. Post them in the comments section so we all can discuss them or email them to Barr.

LINK

HGSI Scans

Here is the link to my post in the comments section from Saturday; below that post are several other posts with results of Jan 27 scans I made with HGSI. Some good looking stocks there!

LINK

Remember all comments are for education only, do your own research and don’t try to blame me for losing your grandkids inheritance.

.

********************

.

Longer Term Outlook

3 months+

.

Still

CAUTIOUSLY BULLISH

.

AS ALWAYS, DO YOUR OWN RESEARCH BEFORE INVESTING

ALL TRADING INVOLVES RISK AND POTENTIAL LOSS OF PRINCIPLE

CHECK ALL DATA, I MAKE MORE THAN GRAMMAR  ERRORS.

  • Share/Save/Bookmark