.

Yes We Can

America*

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We scored another victory against

women haters an racists late last week

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The Influential Conservative Publication, National Review

fired

serial “misogynist” and “racist

John Derbyshire last week.

It’s a free country and racists and women haters, have their right to free speech, but those of us who believe in equality have the right to fight back against their hatred.

The enlightened action by the National Review would never have come about unless we all had stood up against another public figure with a history of hatred toward blacks and women - Rush Limbaugh

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Derby is a Tuna compared

to the Great White Whale

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Now 67 Advertisers have pulled adds from Limbaugh’s show. (Walgreens the latest) Add this to the @100 who have said preemptively they would not advertise.

Limbaughs

20 Worst Racial Attacks

..

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Investors411.readers know why some people feel Limbaugh must continue to spew his vile hatred of women and blacks.

.


Without Limbaughs millions of like minded haters,

right wing candidates would lose much of their support.

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Of course you all remember Romney’s Bain Capital

is one of the hidden owners behind Limbaugh’s network.

*Thanks to Yankee Bob for the term “Yes We Can America.”

Thanks to the National Review for firing Derbyshire and earlier MSNBC for suspending Ed Schultz for two mysogyist remarks. ..

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STOCKS

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Wall Street Bull and OWS Symbol

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Insight into how Investors411 evaluates stocks, markets and trends can be found in the STRATEGY Section of the blog.

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The Dreaded

Triple Whammy

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Mamma Yokum

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Mamma Yokum was a beloved  character from the old Li’l Abner cartoon.

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She could “melt a battleship with her

Triple Whammy”

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We may not have had something as sever as a triple whammy over the three day weekend, but we sure had three big pieces of bad news.

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Repeat from last week

The Stock Cycle

A graph from Zero Hedge on what’s moving stocks now

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The Good News -  We are in the “Market Sells Off/ Outlook Deteriorates (closer to the end) of the cycle.

The Bad News - is three fundamentals have smacked down stocks across the world.

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  1. A disappointing  US jobs report saw less jobs growth than the last three months and less than expected numbers (Expected – 180 to 200 k  jobs created. We got 120 k). Poor economics starts to bring on talk of Central Bank intervention.
  2. CPI numbers out of China were worse than expected. (3.6 instead of 3.3) Greater chances of inflation mens less chance of intervention by their Central bank.
  3. Italy and Spain bond yields are moving up this AM (see below)

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_____________

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Mohamed El Erain

on with the markets

fixation on Central Banks liquidity

Mohamed is the #2 at the mother of all bond firms PIMCO.

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Another Strong fundamental

- Earnings Season

Starts this week.

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Old Faithful

The McCellan Oscillator

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  • Our #1 technical forecasting tool, the McClellan Oscillator (MO) fell  slightly to -52.67. (for more see  STRATEGY link at top of blog and scroll down) We are approaching overbought territory at @-60 MO is  = NEUTRAL/bullish
  • 6 month chart of MO. & a three year chart. Remember – The MO is best at calling tops and bottoms.  Check out the charts. Last dip was to - 85 in March, then -110 in November and then a 3 year low of -140 last April.
  • Not there yet, but we are getting down close to buy the dip territory.

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Canary in a Coal Mine

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Investors411 uses several different gauges to determine how well Central Banks are doing at manipulating stocks and bonds.

  • Italian 10 year bond yield is rising this AM, (up 1%) but not past Thursday’s high.  5.45% (6:45 AM EST) Well below the 7.00% Danger Zone but…

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The Canary  Coughed.

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When Do We Hear the Trumpets?

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Will the Central Banks ride to the Rescue?

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Paul Krugman editorialized last week that our fragile economy needs needs stimulus not austerity. He believes Bernanke and the Fed are intimidated by the Republican’s call for his head.

Jobs growth certainly rose much faster when the Obama stimulus impacted the economy. than after the Republicans took over congress.

Our Fed’s “Operation Twist” is in effect and runs out in June. Our interest rates on our treasury bonds are very low.

It is Europe that’s the clear and present danger, because of the rising bond rates and their closer proximity to 7.00%. That’s when the casino of unregulated derivative gets threatened.

Best Read of Tea Leaves

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After an obvious stock meltdown early this AM, the most significant factor is – Are Central Banks Losing Control of the Spanish/Italian bond market?


The final look at the Spanish 10 year bond

NO change at 8:45 AM EST.


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  • If you’re a short term trader you already run for the exit.
  • If your a long term investor you’ve got plenty of gains behind you and can weather a healthy 5 to 10% dip/correction
  • The key metric for both trader and investor is those rising yields on Spanish and Italian bonds.
  • Tomorrow – Will the MO get low enough for a buy the dip opportunity.


Longer Term Outlook

3 months+

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A Shaky

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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