Thinking you might want to try a little day trading on your own, eh? After what has been the most “pass the puke bucket” week in nearly 9 years, I came across a really interesting article today. It says in a nut – that historically the market on a monthly basis likes to hug a 21 period moving average. And that when it gets too far away from it – either above or below it – it will always do a mean reversion to it. This is a chart I just built going back the past 15 years or so. The arrows from left to right are marking:
The October 2007 final top a year or more before the Lehman disaster
The March 2009 Great Financial Crisis lows
The February 2016 panic low and “Shanghai Accord” central banks agreement – to engage in direct market rigging
The extreme highs above the mean for the past two years. It is quite the distance above mean, no?
And remember this is a MONTHLY chart. Notice often the candles always seem to gravitate back to the mean like a magnet
Bottom line being – if the hypothesis is correct – SPOOS must come down to roughly the 2369.58 area just to be where they “belong”. And NO…it is NOT different this time. Imagine how many weak hands will be flushed out if this were to occur? We have had a 352 point range highs to lows since January 26th alone. Another -300 down will bankrupt a lot of pikers. Ponderous man…Ponderous
A new report released by House Intelligence Committee proves former president Obama communicated with FBI’s agents during the investigation into Hillary Clinton’s email scandal. This was after obama promised he wouldn’t. Back on April 10, 2016, Barack Obama repeatedly told Chris Wallace he would never interfere with anyone at the FBI concerning the Hillary Clinton email scandal. Obama specifically said, “I don’t talk to FBI agents about pending investigations.” It turns out hewasn’t telling the truth.
New documents released today reveal the former president did talk to people at the FBI about the Clinton investigation. We know this because two high level employees at the FBI texted each information indicating Obama wanted to know, “everything we’re doing.” FBI employee Lisa Page wrote to fellow FBI employee Peter Sztrok on Sept. 2, 2016 about prepping Comey on his congressional testimony because “potus wants to know everything we’re doing.”
Former president Barack Hussein Obama lied to everyone about his knowledge of the FBI investigation into Hillary Clinton. He knew what was going on the whole time. Did Obama direct his administration to spy on Donald Trump? Time will only tell. One thing is for certain. When president Obama told Chris Wallace on national television, “He doesn’t talk to FBI agents about pending investigations,” he wasn’t telling the truth.
The much anticipated memo from the House Intelligence Committee was finally released this morning. It proves Obama spied on Trump. He worked with Hillary Clinton, Fusion GPS, the Fake News Media, DOJ and the FBI to spy on Donald Trump before and after the 2016 election. Obama secretly spied on Trump to help secure Hillary Clinton the 2016 presidential election. How many times did Obama promise the American people his administration would be the most transparent?
In October 2016, the Obama administration used a fake dossier on Donald Trump to obtain a FISA court order to wiretap a “former” Trump campaign aid Carter Page. A total of three FISA court orders were used on three separate occasions. They neglected to tell the FISA court the fake dossier was a political opposition paper and not an intelligence document. The fake dossier was not the only source used to obtain the FISA court order. Fake news media stories rehashing the information from the fake dossier were also presented to the court.
The fake news media’s Russian collusion narrative against president Trump has officially ended today. It was a fabricated sham built on a lie which was bought and paid for by Hillary Clinton. What has been going in this country for over a year has been an all out democrat/media disinformation plan to undermine and destroy the current president. The release of this memo should put an end to the media disinformation plan and officially end the Mueller investigation. What we have learned today is Obama spied on Trump in an effort to change a presidential election. He did this after promising everyone his administration would be the most transparent in history. We learned today it wasn’t. The release of today’s House Intelligence Committee memo proves, without a shadow of a doubt, Obamaspied on Trump.
This week brought about a new fake news media obsession. The mental fitness of the president. They believe they can throw the president of the United States out of office by using the 25th amendment. They don’t seem to understand the only people who can throw the president out of office using the 25th amendment are people in the president’s cabinet. That fact doesn’t seem to matter to them. During yesterday’s White House briefing, The press arrogantly, cross examined the president’s physician with idiotic questions relating to the president’s health. This was after the president’s physician examined the president and declared the president to be in excellent health. It didn’t matter what the president’s physician said. All these news reporters wanted to do was extrapulate more information from the doctor so they can begin concocting more fake news.
These propagandists don’t care if they come across like jackasses to the American people. That’s why their approval ratings are plummeting mightily. Yesterday, these fake news freaks wasted an hour of everyone’s life asking asinine questions concerning the president’s fitness. The main question the fake news press wanted answered was, “is the president fit for office?” The president’s physician answered, “His health is excellent right now,” “He’s fit for duty for the remainder of this term and another term if he is elected.”
The president is in excellent health. This news has to throw a monkey wrench into the liberal media’s efforts to remove the president from office. At least for this week. A new week will come before us again with another fake news story attempting again to politically damage the president. Whether it is fake Russian collusion, fake books, fake quotes or the fake questions related to the president’s fitness, one thing is for certain. The fake news media establishment will always be busy concocting more fake news in the hopes of removing the president from office.
Walter E. Williams is a well known economic professor and writer from George Mason University. He also is a syndicated columnist for many newspapers across the country. His latest entry is via podcast which explains the idea Thanksgiving was the first defeat of communism in America.
When you sit down today with family and friends around the dinner table. Give thanks to the nation our forefathers passed on to us. Remember, it was they who gave us the freedoms that no other country in the world holds.
Thanksgiving is a special holiday where we celebrate and give thanks to the true founding principles of our country. We also like to give thanks to Walter E. Williams for explaining the proper perspective that Thanksgiving was the first defeat of communism in America.