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Pinkwashing

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By Yankee Bob

Greenwashing is the term given to corporations that do some window dressing to look green  for PR purposes while they go on raping and pillaging the planet. This scandal has uncovered that Koman does the same only in the health field. Pinkwashing.

Koman channels the health discussion over Breast Cancer into politically acceptable areas and leaves the areas the corporations don’t want us to go to alone. It makes people feel like they have a place to put their energy, a walk, and their money, into prevention.
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It’s window dressing.

Koman channels money, or patients into medical companies that benefit from it without raising the ugly head of how we all need healthcare coverage, or what is causing the cancer?
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Big deal if you give someone a mammogram and they find they have Breast cancer. Then what?
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Koman was against single payer health plan. So now you know you have breast cancer and you have
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NO coverage
Is that fighting for you?
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Also they ignore the dialog of where the cancer comes from. Discussing that in a robust way would upset the corporate apple cart.
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The chemicals allowed in our foods, the chemicals put in the environment. The suspect foods we eat. That is not under attack from Koman.
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Koman is safe for the insurance, health, oil and chemical industries. It’s even a way for them to look good with some pink money.
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It’s good for business
but it doesn’t do much to defeat breast cancer.
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Republicans

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“Mittastrophy”

(Huffington Post Headline)


In a major upset, Republican candidate Rick Santorum won major victories in three midwestern state primaries/caucuses. Absolutely toasting Romney and crushing Gingrich and Paul.

What’s so mind blowing about Santorum’s trifecta is he has raised only $2.2 million to Romney’s $57 million.

Analysis from Politico

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STOCKS

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Wall Street Bull and OWS Symbol

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Strategy/Trends

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  • The monetary, stock and economic trend in Europe is positive. Just like in the USA investors/traders believe the European Central Bank has their back. Bond prices of the most significant trouble country (Italy) have been driven down.
  • We know in the USA the Fed will do whatever it takes. Also,  it seems that there is a slight economic recovery under way in beaten up sectors, tech and small cap stocks.
  • Low volume rallies (like this one) have pushed stocks higher since our Fed introduced quantitative easing a couple years back. It is working again.
  • Primary obstacles to success are politics within the USA and potential problems with Iran.
  • Our #1 technical forecasting tool, the McCellan Oscillator (MO) fell to +29.60 . 50DMA at +18.19 (for more see  STRATEGY link at top of blog) Plenty of wiggle room for stocks to go up or down.  Short term = NEUTRAL
  • Investors411 has a position in XHB (up 5.27%) This like most of the beaten down sectors that have rallied is over extended in the short term. It would be very heathy for these over extended sectors if  the rallied cooled down for a while.
  • Combination Option Trades based on an earnings event – IR is under consideration this week. Reports 7:00 AM EST this AM. While this is NOT an official Investors411 trade – good luck to those of you in it.
  • Long term Combination Options Trades considerations WLT (Takeover rumors) MCP (can move a lot based on rumors and news) and USO (based on potential Iran problems and other factors)

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Paul’s Corner

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The End of Wall Street As They Knew It

An interesting article published in the New Yorker explaining the evil mix of Wall Street and your friendly banks.

On Wall Street, the misery index is as high as it’s been since brokers were on window ledges back in 1929. But sentiments like that, accompanied by a full orchestra of the world’s tiniest violins, are only part of the conversation in Wall Street offices and trading desks. Along with the complaint is something that might be called soul-searching—which is, in itself, a surprising development. Since the crash, and especially since the occupation of Zuccotti Park last September (which does appear to have rattled a lot of nerves), there has been a growing recognition on Wall Street that the system that had provided those million-dollar bonuses was built on a highly unstable foundation.

It’s a long read but if you are serious about learning about this mess it’s a must read.

LINK:

Ian Woodward from HGSI gave a great presentation today on the HGSI/EdgeRater video course. He spent close to an hour explaining his new proprietary Woody Indicator which gives extremely fast and accurate market timing signals.

It’s not too late to register and watch all of the videos.

REGISTRATION:

High Demand Stocks

My favorite HGSI search showed the Application Software group 2nd in the search with the following charts showing the action. ADSK, BSFT, CDNS, CTXS, PMTC, SAP, SWI

Your Stock List Changes

SIMO is being removed from Traders and being placed in Watchers due to chart action after its earnings report. See yesterday’s comment section for observations of SIMO’s chart action during the day. Extreme caution is suggested if you care to trade SIMO at the moment.

SWI a former YSL member Solar Winds (It ain’t a solar company) being added the Watchers due to recent chart action after their recent earnings report. It also made the high demand search.

Oh before I close, I hope some of you folks own a few shares of TSCO!

As always please make your own trading decisions. All comments above are based on chart action and if you think I can read the charts, I have a bridge I can get you a great deal on.!

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Longer Term Outlook

3 months+

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Still

CAUTIOUSLY BULLISH

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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.


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