Chucky’s Back

Intimidation

Its become obvious – The main thrust of the right wing in the USA is now Intimidation - “You’re either with us or against us.” This week alone the Intimidation has exploded to new levels.

  • Man arrested for “Let The Violence Begin” Death Threat to Senator Patty Murray (D. WA) over her pro health care vote
  • Man arrested for serial death threats to family of House Speaker Nancy Pelosi (D CA) over health care vote. “The mother links son’s death threat to FOX news
  • Revealed Massey mining disaster CEO Don Blankenship has spent over $6 million against any judges or state legislators who fought for workers protection in his mines. Massive and serious violations and fines not paid at this non union mine.
  • Analysis of influx of violent threats including over 30 governors who received letters that they had “3 day to get out or else” over taxes (sorry there a short ad)
  • Go. of VA announces Confederate history month (not civil war history month) and forgets to mention slavery. Imagine Germany honoring just their soldiers, and storm troopers  in WW 2 and forgetting the holocaust.Gov. later apologized. Analysis Listen to the letter written to Black congressman called N—-r and other names over and over in analysis.
  • Republican Congresswomen Michele Bachmann quote “I want Minnesotans armed and Dangerous.” This is just one of many quotes. She appeared two nights ago with 1/2 term governor Sarah Palin. From last night Rachel Madow show

Montana has a long but enlightening history of the violence within the Republican party in the comments section of the blog. Is this their “Waterloo”? Now the intimidation, bullying and hatred is growing.  Repulicans are condoning it or ignoring it because it adds to their power/money.

Intimidation is unacceptable, it goes beyond the realm of free speech. It should be prosecuted as assault.

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!

Index Percentage Volume
Dow -0.66% up
NASDQ -0.23% up
S&P 500 -0.59% up
Russell 2000 -0.29% -

Investors411 record – 5 years of beating benchmark S&P 500 and almost all major US indexes

Technicals, Fundamentals & Analysis

See Positions for changes made each weekend

Increased, above average volume and moderate decline for US markets. Normally a big volume moderate decline would raise an eyebrow, but that’s the way this rally has progressed especially in the last month.

Investors411 has gone over all the warning signs, but momentum currently is still with the bulls. The McCellan Oscillator is technically in neutral territory so Investors will not add or subtract from positions now. (except or short term trades)

Seeking Alpha is the #1 recommended sight by YOU on stocks. You folks send me more personal emails on stocks from authors featured at this site than any other. Each morning it is one of the site I skim for news –  Their analysis of yesterday’s fall – a larger than expected decrease in consumer borrowing.

Consumer borrowing is certainly a factor, but it sure looks like the rising dollar (see below) and oil prices is more significant to both stocks and the economy. Mantra – Watch the dollar because it is close to a major resistance level – US stocks will move in the opposite direction. (See past Investors411 and below for reasons the dollar moves)

Significant Indexes

  • McClellan Oscillator fell s to -6.84 yesterday.  [+60 or above = Overbought = sell. -60 or below = Oversold = buy]. StockCharts has a better version of the McClellan chart ($NYMO)LINK. – This is still NEUTRAL territory – technically neither overbought or oversold.
  • US Dollar – rose  +0.27% yesterday. [Anything over +/- @0.50 is significant.] +o.53 over two days. and over 1% for three days.  The dollar over the last 3 days had a significant impact on why stocks fell yesterday. We are moving close to resistance/breakout level

Positions

The  Positions Section = latest buys and sells – (Revised positions last weekend) - These are positions I actually own

EWZ (Brazil) Over the years the ETF’s for Brazil, China and Emerging Markets have been Investors411′s #1 investment choice. Although diminished (Down from 25% to 10%) EWZ is still #1. See OVERVIEW section of blog for more. Brazil:

  • Benefits from a huge amount of natural resources.
  • In 2000 a left wing government took over and spread the wealth so more working class people spent money. Money flowed so the economy grew. It does not have to be a “left” wing government to have greater success what you have to see is a spread of wealth/power from an oligarchy to working people who spend the cash. (there are other factors involved – but time limits explanation.)
  • Brazil is less impacted by “shadow financials”
  • Brazil has an election in late 2008 and term limits mean they will have a new President – This creates uncertainty and is a negative.
  • More in depth economic analysis
  • We have to be careful because Brail is going to outperform on the way up and down.

Long Term Outlook = CAUTIOUSLY BULLISH

AS ALWAYS DO YOUR OWN RESEARCH BEFORE INVESTING

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