I don’t think the basement dwellers have much of a chance!
If they, the globalists, destroy all the countries then they think they the corporations will rule all of us.
Once the wall is built this will become less common!
No rules for illegals rules only for Citizens
More malcontents causing trouble for reasons they don’t even know why!
Coming to your town soon!
Watch your daughters closely young girls are a prize and wroth a lot of money in the black market!
The next key resistance in the Dow stands at 20,324. Of course, the major channel resistance stands at the 20,703 level while support is to be found at 19,568. The Weekly Projected Bullish Reversals are 20,475.23, 20,518.80, 21,882.34, and 22,188.86. These are the What-If numbers so they may change if we make a new weekly low.
Timing, we still see the risk that this week may produce the February high. Caution is necessary. February and April are the key targets on the monthly level here in 2017. Nonetheless, this still does not appear to be a major high from a long-term perspectiv
After losing last night in a not so shocking 3-0 decision, courtesy of the 9th Circuit Court of Appeals, the White House is rumored to be redrafting its travel ban executive order this morning with more specific language to address concerns raised by the court. The report of a redraft comes from Joe Scarborough of MSNBC, who cited unnamed sources, so, as always, the information must be taken with a grain of salt. Here is what Scarborough told viewers earlier this morning:
“I’ve heard from several sources that the White House is right now working on redrafting an executive order but want to make sure that it is tight enough to pass.”
Meanwhile, Trump once again blasted the 9th Circuit’s “disgraceful decision” over Twitter early this morning:
Scarborough’s reporting this morning came after he released a tweet storm last night calling for a redraft of the controversial executive order while also blasting the 9th Circuit’s decision.
Of course, Trump seemed to be ready for an immediate fight last night tweeting in all caps: “SEE YOU IN COURT, THE SECURITY OF OUR NATION IS AT STAKE!”
For those interested, we wrote a very thorough review of the 9th Circuit’s decision last night (see “Court Of Appeals Unanimously Rejects Trump’s Travel Ban: Full Ruling“). Here is the summary of the court’s decision:
“We hold that the government has not shown a likelihood of success on the merits of its appeal, nor has it shown that failure to enter a stay would cause irreparable injury, and we therefore deny its emergency motion for a stay.”
The three-judge panel hearing the case included Judges William C. Canby Jr., a Jimmy Carter appointee; Richard R. Clifton, a George W. Bush appointee; and Michelle T. Friedland, a Barack Obama appointee.
“Rather than present evidence to explain the need for the Executive Order, the Government has taken the position that we must not review its decision at all. We disagree,” they wrote.
“In short, although courts owe considerable deference to the President’s policy determinations with respect to immigration and national security, it is beyond question that the federal judiciary retains the authority to adjudicate constitutional challenges to executive action.”
That Gorsuch confirmation can’t come soon enough for the Trump administration.
China has called all Bitcoin exchanges to a closed door meeting looking to shut down the flight of capital from China. China is looking to deal with the expected trade confrontation with Trump and looking to shut down the flow of capital that has been putting a downward pressure on their currency. We can see that the US dollar has risen for 35 months and this will be seen as a currency war by Trump for his advisers from Goldman Sachs are clueless assuming markets can simply be bullied or manipulated with power.
Our sources are also hinting China may tighten the quotas on importing gold even more since their actions last November (see FT). China is trying to curb the flight of capital which has contributed to the greenback’s rise for 35 months. However, with Europe tottering on the edge, the next country to withdraw from the EU may set off a collapse of the euro and that will only cause a surge higher yet in the dollar impacting China negatively with regard to trade disputes.
I have created this site to help people have fun in the kitchen. I write about enjoying life both in and out of my kitchen. Life is short! Make the most of it and enjoy!
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