MLK Day Forces Bulls to Cool Their Jets

It must have been frustrating for buyers to have to cool their jets for an extra 24 hours this weekend. The Martin Luther King Holiday denied them a full day’s opportunity to push the Dow higher by the usual 100 or more points. As a result, we could see see pent-up demand come charging back into the stock market over the next couple of days. But be prepared to see bulls feign a lack of interest in the first hour or two, since this would help shake loose some shares from widows, pensioners and other weak hands before DaBoyz goose the broad averages into their accustomed parabola.

  • none January 16, 2018, 2:38 pm

    The number 11 occurs frequently with the Kennedy clan.

    The age of Walter Cronkite when he passed was 92; 9+2=11.

    The Meaning of The Number 11

    11 is considered a master number for it has the same number repeated. The number 11 in the tradition of numerology in its positive expression is the number for “higher spiritual understanding”, which escapes those not attuned to its psychic vibrations.

    The number 11 within itself contains the equal balance of male (sun) and female (moon) energies. “11” expresses the character of the spiritually evolved such as: “open mindedness”, “psychic awareness”, “intuition”, “idealism”, “visions”, “steadfastness”, “accepting” and being “considerate”.

    In its negative expression 11 is the signature of “disorder”, “disorganization”, “disintegration”, “treachery” and “betrayal from secret enemies”.

    11, 22, 1963.
    1+1+2+2 =6

    11:11

    At the 11th hour on the 11th day of the 11th month of 1918, the Great War ends.

  • John Jay January 16, 2018, 9:43 am

    This is all just another aspect of the greatest wealth transfer in the history of the world.
    After WWII left the USA the Last Man Standing, the Average Joe here was probably at the peak of his wealth and power over his own fate.
    This all changed November 22, 1963.
    JFK was eager for “Peace” and an end to the “Cold War”.
    The Deep State back then was not having any of that!
    So, LBJ took the reins, and unleashed Vietnam, Inflation, and the Great Society.
    LBJ did away with silver coins.
    Nixon did away with a gold backed Dollar.
    1975 saw the last positive Balance of Trade for the USA.
    Carter hired Volcker, Reagan fired Volcker.
    Open Borders and Free Trade began to erode all the progress that had taken Average Joe 100 years to achieve.
    Easy Al ended the discipline of market set interest rates that replaced a gold backed Dollar.
    Anti Trust laws were ignored by the Feds.
    Bush dad and son, Slick Willie, Obama, all accelerated the decline, while going through the motions of looking out for the Average Joe. Obama was already openly mocking the Average Joe and his terminal decline.

    Along the way, Bums became Homeless, Whores became Single Moms, Illegal Aliens became Undocumented, and Self Defense became Racism.

    So here we are today!
    Springtime for Oligarchs!
    Winter for the Average Joe!

    PS: BTFD!

    &&&&&&

    A fine summation, JJ. For the moment, those who have failed to learn the lessons of history are making money by the digital ton. RA