.

Skilled Businessmen

.

.

.

Warren Buffett & Bill Gates

.

_______________

.

Not So

Skilled Businessmen

.

.

Herbert Hoover &

Richard Fuld Jr.

.

Hoover was the President that led us into the Great Depression

Fuld the CEO of the Lehman Brothers, whose bankruptcy ignighted the Great Recession.

.

________________

.

In this era of political hype and propaganda

When a candidate top qualification is

He is a Businessman

How do you tell if you’re getting

a Buffett or Fuld?

.

________________

.

Businessman


.

.

George Romney

George Romney, Mitt’s Father, an American Businessman,  ran for President in 1968.

.

He set the standard for

Openness, Accountability and Honesty.

George Romney released 12 years

of his tax returns.

.

.

Barack Obama & Joe Biden

.

Both have released

12 years of Tax reurns

.

_____________

.

Businessman

.

.

Mitt Romney

Candidate for President

.

Who claims Pride

in his Wealth  & Business Skills

Should be

Open, Honest, & Accountable

to the American Public

and follow the 12 year

standard set by his Father.

.

.

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

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

.

STOCKS

..

On March 8th, Investors411,

repeated for over the hundreth time,

the MOST important  factor

driving stock markets

.

.

The 800 lbs gorilla

.

If you have forgotten this or you’re a recent reader

link HERE for the answer

.

_______________

.

The Black Swan

.

.

In Stock Market Termenology the Black Swan is

Bad News

.

The Black Swan event is a possible Eurogeddon, that could dramatically impact Europe and the world.  For over a month we have been inching closer to this possible Eurogeddon.

Investors411 measures that possible Black Swan event by looking at the yields of Spanish and Italian 10 year bond rates.

.

These rates go up = bad/bearish

Rates go down = good/bullish

.

____________

.

Italy (Pictured Above)

.

Meltup in Bond Yields REVERSED this AM.

A one day reversal is not a trend, but a move in the right direction.

  • Italian 10 year bond yield is falling this AM, down 1. 71%, to 5.51% (7:21AM EST) Well below the 7.00% Danger Zone but along with Spain in a month+ long meltup is a significant concern.
  • Spain’s 10 year bond yield moving in concert with Italy. Down this AM  3.08% to 5.87% at AM EST. Spain is more critical, because it is closer to 7.00%.


From Yesterday

We have a problem

.

It sure looks like the

Central Banks are losing control

in Europe.

.

.

A one day trend – you hear the sound of the trumpet.

Day two confirms day one move &

a three day fall in Yields would be the

Cavalry is in sight.

.

NB - Bearish Investors who have fought the Central Banks

have a three year losing streak.

.

__________

.

Old Faithful

The McCellan Oscillator

.

  • Our #1 technical forecasting tool, the McClellan Oscillator (MO) fell  to -103.05. (for more see  STRATEGY link at top of blog and scroll down) We are in oversold territory at @-60.  MO is approaching OMG oversold territory  = 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.

.

Reading Tea Leaves

.

Every time (9) the MO has fallen below -60 for the last 3 years there has been (sometimes barely) a 5% rally in the S&P 500. before its fallen back down below its low.

-103 is pretty low, and the index has gone lower. But technicals tell us we are far closer to a low than a high.

.

The bond rates still trump everything,

but they started a reversal today

.

Short term Traders and Longer Term Investors

Tea Leaves seem to indicate

A reveral in trend.

.

For those that can handle the risk

an opportunity to nibble.

NB – Those that have fought the Fed and it’s #1 ally the European Central Bank have lost over the last three years.

I do NOT have inside information on what Central Banks are doing. But it does look like the ECB and friends who have committed over a trillion in liquidity to prevent Eurogeddon/A Black Swan Event, may have started to use some of that $$$ today.

.

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

.


Longer Term Outlook

3 months+

.

A  Shaky

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.


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