1…………> Market Report 01/18/2017, sell stop 25,800, CG(-60), 11/22/16
Short position closed at 23560, for a loss of 60 DIA points, with a new position long 23560, sell stop 25100 for a spectacular gain of 2240 DIA points.
Stock market old timers have said that “you buy the rumor, and sell the news”, and that is exactly what is happening right now, with Democrats screaming murder as a close look at the new tax bill indicates that states like California and New York who have been leading the fight to dethrone or impeach Trump may be in for a nasty surprise with the mortgage deduction for state and local taxes set at only $10,000 per return, leaving millions of mansions above $500,000 with a hefty uptick in mortgage payment, a sure prelude to a crash.
We warned that it appears there is organized attempt to remove President Trump from office and if this activity is not curtailed soon, market will open on gap below 20,000 with next stop 17300 and 11800 support levels.
Stocks were down 98 to 26018, DJ futures at -51.
Gold up to 1331.2 and USD/CHF down to 0.9582 due to tax bill passage, repatriation of hundreds of billions of dollars and possible government shutdown. Translation? As the dollar goes down, we have to wait and see if the new Fed Chair Jerome Powell will continue pressuring gold and the Eurasian block with it down below $1000/oz in an economic WW3. Watch sell stop at 25,800. We have to wait and see if new Fed chair Powell will attempts to destroy Eurasian block by sending gold prices below 1000, despite the fact both Russia and China have been buying their whole gold production in local gold backed currency instead of money printing machines. In other words, US has lost controls of the precious metals complex, and with Trump’s infrastructure and tax cut campaign the National debt will soon be at, or over 30 trillion dollars, since D.C. swamp alligators have no intention dropping their pet projects. Read “Ziban Must Die” for more details on the coming collision of Trump’s administration with “Deep State”operators funded by the billionaires supporters of the New World Disorder.
2…………> Aussie Drug Ring Busted: Belgrade
Two Aussie businessmen who were about to open the $16 million Western Victorian Livestock Exchange in Mortlake, Serbia were arrested when police police stormed the lobby with their weapons drawn in connection with a 1,280kg cocaine shipment worth half a billion dollars seized in Sydney last year.
“We’re just in amazement — I’m dealing with it right now it’s come as a complete shock to us. [It] came completely out of the blue. We’ve just had an emergency meeting, and we’ve had a phone hook up and its all systems, it’s still going ahead. You couldn’t time it worse, it’s absolutely the worst time. We’re under the pump here, everyone’s working 12-15 hour days to get it finished in time,” Mr. Abbey said.
3…………> “Ruskii” Internet: Putin
In an attempt to limit CIA, FB & Co meddling in Russia’s affairs, President Vladimir Putin issued an executive order in 2017 that directed his government to negotiate independent root name servers for the so-called domain name system (DNS) with the BRICS states, which apart from Russia include Brazil, India, China and South Africa, by August 2018. These servers contain global databases of public IP addresses and their host names.
The reason given is the “dominance of the US and a few EU states concerning internet regulation” which Russia sees as a “serious danger” to its safety.
4…………> Longest Cave: Yutacan
“This is an effort of more than 20 years, to travel hundreds of kilometers of caves submerged in Quintana Roo mainly, of which I dedicated 14 years to explore this monstrous Sac Actun System. Now everyone’s job is to preserve it,” said Robert Schmittner, who had proven after 14 years of research that two giant underwater caverns under Mexico’s Yucatan Peninsula are connected, making the 347 kilometer (216 mile) flooded cave system the largest known on the planet.
Researchers didn’t discover a new cave, but proved that the 263-kilometer Sac Actun cave and 83-kilometer Dos Ojos system near Tulum ran continuously.
5…………> Maybe No Shutdown: Perhaps Yes?
The House voted by a near party-line 230-197 vote to approve the legislation, which would keep agency doors open and hundreds of thousands of federal employees at work through Feb. 16, a measure designed to give the White House and congressional bargainers more time to iron out disputes on immigration and the budget that they’ve fighting over for months.
House Freedom Caucus reached an accord with House Speaker Paul Ryan, R-Wis. who promised future votes on extra defense spending and on a conservative, restrictive immigration bill.
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