1…………> SC Down: Jared Kushner
President Donald Trump’s son-in-law Jared Kushner has had his White House security clearance downgraded as a senior adviser to the president, and will not be receiving top-secret security briefings anymore.
General John Kelly, Mr. Trump’s chief of staff limited the number of people with top-level security clearance, after president’s former staff secretary, Rob Porter, had been able to work with interim security clearance despite allegations of domestic abuse.
2…………> Recession Indicator: Conceptions
“We think that the factors behind the last three recessions also had a profound and rapid effect on fertility decisions. In fact, these factors seem to have impacted fertility decisions before large parts of the economy,” a research report studying the rate of women becoming pregnant observed that it started to fall several months before the start of a recession, helping economists predict market downturns.
A data on more than 100 million births in the United States between 1989 and 2016, that also included miscarriages and abortions was fed into a predictive econometric model design to look for events correlations.
3…………> The Wonder Sub: End Of Hitler
Hitler built a World War II Type XXI submarine that had a revolutionary design, yet ended as a complete failure, a lesson in how the Fuehrer’s fanatical pursuit of “miracle” weapons can make winning wars a lot harder.
The XXI sub was 250 feet long and displaced 1,620 tons, packed six hydraulically-reloaded torpedo tubes capable of firing more than 23 stored torpedoes, and had an advanced electric-drive engine that allowed the submersible to travel underwater at significantly higher speeds.
Yet, Hitler’s “wonder weapon” war, based on a false premise of violence and disrespect to human rights was lost anyway, despite a bouquet of brilliant scientific discoveries, leaving the Type XXI sub and its contemporaries in the dust ball of time.
4…………> Ice Broom: Bay Area
Scores of ICE agents detained multiple people in the Bay Area in Northern California, loitering “around movie theaters and taco trucks,” one day after the Oakland mayor Libby Schaaf announced imminent raids would take place.
“As Mayor of Oakland, I am sharing this information publicly not to panic our residents but to protect them,” Schaff wrote in her news release. She went on to provide information for “interested residents” to know more about their legal rights and options “in the event, they face detention or know someone who needs legal representation.”
Oakland public schools prohibit the city’s police officers to participate in ICE activities, and California state law requires federal agents to have a judicial warrant or subpoena before requesting people’s documents.
5…………> Market Report 02/27/2018, cover short 25,000, CG(6242), 11/22/17
Short position closed at 24912, triggering cover short stop at 24500 with an indicated gain of 1900 DIA points upon closing the short position. Long DIA position was established at 24500 with a stop at 24600 was closed for a gain of 312 points. A new short position was re-established at 24550 with a cover short stop at 24600 for a loss of 50 points, later indexed down at closing to 24000 for a paper gain of 550 points. A market reversal triggered cover short position close at 24000 for a zero gain, position long at 24,000, sell stop triggered at 24950 for a gain of 950 DIA points.
Short position at 24850 was covered for a gain of 50 DIA points, and new long position established at 24900, sell stop triggered at 25350 for a gain of 450 DIA points. New position short at 24950, cover shortstop 25,000 for a loss of 50 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 FISA memos that are suggesting an incredible Constitutional crisis brewing, a crisis that may reach the very leaders of the “opposition party”. DIA resistance is in the 27,000 area, with supports at 24135, 21354 and 18900 level, US dollar in a downtrend, resistance at 1.003319 CHF, support at .92 and 0.9: Gold in an uptrend, watch break resistance of 1377 to be taken soon. The massive Fed balance sheet contraction will result in a $600 billion dollars being dumped on the credit markets each quarter, a leftover of the horrendous $4.3 trillion money printing of Obama’s septic tank that will surely exert a severe pressure on stocks and financial assets.
We warned long ago that an organized attempt to remove President Trump from office is underway, and if this activity is not curtailed soon, the market will open on gap below 20,000 with next stop 17300 and 11800 support levels.
Stocks were down 299 to 25410, DJ futures at -61
Gold down to 1318.7 and USD/CHF up to 0.9389 due to intervention crosscurrents. 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 cover short stop at 25,000. We have to wait and see if new Fed chair Powell will attempt 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
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