Jump to content

Has the Don gone?


Recommended Posts

Everyone, it seems accepts the result of the recent  US elections, except the President and half of the GOP.  Convinced of his own meritless delusions of fraud and other voting chicanery, he now pursues a policy of obfuscation, denial of service and general spite while mad dog Giuliani and even madder Sidney Powell pursue laughable cases in various courts in the vainglorious expectation that 6 million perfectly legal votes will somehow be annulled/ cancelled and cease to  exist. This is not to be, though the only realists in the GOP are keeping their own counsel on the subject, thereby enabling the Presidents' persistent delusions. That's the problem when you believe your own propaganda, it is easy to become confused with reality. Apart from hiding rotten fish behind the radiators of the White house and carving his name on the Resolute desk, soon to be ex president Trump is doing his best to make the transition for "sleepy" Joe as difficult as he can. This includes a tacit refusal to provide more stimulus.  He has instructed Steve Munchkin to end funding for various emergency programs to the tune of $438 billion., thereby hampering the incoming Treasury secretary before he/she even walks through the door. This has rightly upset Jerome Powell who has the interest of the US economy as his overarching priority. Unfortunately, the President is unmoved by the needs of the American public as he feels they have betrayed him.  Why reward treachery? Trump is known for his heartless ardour when crushing those he deems as unworthy, which in this case is the American people as a whole, overcome as he is with nihilistic zeal. 

Playing golf while ignoring a health crisis , at the same time as full denial in the face of outright defeat, does not an effective president make. Indeed, might I venture his very legacy as president and future GOP kingmaker hang very much in the balance, indeed may have been irretrievably  lost. Like Trump, lost with nowhere to go. Though he will surely be welcomed in Turkey, Russia, not to mention North Korea. 

The markets really want to break higher and gap up to new ATH's but Trumps intransigence, denial (of Covid and the election results) and general spite ( no new stimulus)are causing a state of intermarket bearish divergence, with the SP and Nasdaq refusing to break into new ATHs(all time highs). 

I guess we will have to wait until he is forced out come 20th Jan. 

  • Like 1
Link to comment

as an unbiased observer, it looks that claims of Fraud in MI, PA, Georgia have some merit at least to investigate.  why would you not want the legal votes to be audited?  we've seen the videos of Republican Observers being abused and  being kept away from observing.  The 100s of sworn affidavits of officials who witnessed unsigned/incorrect mail ballots being 'filled in' by democrat run staff.  Whether you like Trump or not surely you're not ok with Voting Corruption, and appalling intimidation of observers and questioners ? 

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • image.png

  • Posts

    • WTI Elliott wave analysis  Function - Counter-trend  Mode - Corrective  Structure - Impulse for wave 1 Position - Wave 1 Direction - Wave 1 is still in play Details - Price could currently be in the blue wave ‘iv’ bounce or 2nd sub-wave of blue wave ‘iii’. The two scenarios support an extension lower for as much as the price remains below 81.07. Since April 2024, the West Texas Intermediate (WTI) crude oil market has been descending into an impulse wave. This indicates that the recovery from the December 2023 low has likely concluded, and prices may extend lower, potentially falling below that previous low in the coming weeks. The long-term outlook for WTI remains bearish. With medium-term price movements now aligning with this outlook, it might be prudent for buyers to reconsider their positions and switch sides on this commodity.   Analyzing the daily chart, the blue wave X of the primary degree reached its peak at 95 in September 2023. Prior to this, the preceding blue wave W commenced at 130.9 in March 2022 and concluded with a double zigzag structure at 64.56 in March 2023. From the peak at 95, we have been tracking the blue wave Y, which subdivides into an (A)-(B)-(C) zigzag pattern. The high of 87.63 confirmed wave (B), and the current decline is part of wave (C). The impulse wave declining from 87.63 can be identified as wave 1 of (C). This decline has been further detailed on the H4 chart.   On the H4 chart, the price action is currently undergoing an upward correction within blue wave iv of 1. If the price remains below 81.07, we can anticipate further selling pressure, which would complete blue wave v of 1 before a more significant corrective bounce in wave 2 begins. However, if the ongoing minor recovery surpasses 81.07, it would suggest that wave 1 has already concluded, and the price is now in wave 2. The ultimate invalidation point for this analysis is at 87.63; as long as prices remain below this level, sellers should maintain control in the medium term.   To summarize, the WTI crude oil market's recent price movements suggest a continuation of the downtrend initiated in April 2024. The completion of the recovery phase from the December 2023 low, coupled with the formation of an impulse wave, points towards further downside potential. Traders should closely monitor the key levels of 81.07 and 87.63 to confirm the ongoing wave structure and make informed trading decisions. As long as the price stays below 87.63, the bearish outlook remains valid, and sellers are likely to dominate in the medium term. Technical Analyst : Sanmi Adeagbo  Source : Tradinglounge.com get trial here!  
    • Recently, the comments of the Indian billionaire and Kotak Bank CEO Uday Kotak have thrust the status of the US dollar back into the spotlight. Kotak referred to the dollar as the "biggest financial terrorist of the world," a statement that has sparked widespread controversy. At the same time, the Asia-Pacific markets have experienced some unusual stock fluctuations, with the significant stock of Sony drop drawing particular attention. Ryan Anderson will delve into the implications of the remarks of Kotak, explore the stability of the status of the dollar, and examine its impact on the stock market. Questioning Dollar Hegemony The public description of Kotak on the dollar as a "financial terrorist" has, despite his subsequent attempts to soften the statement, raised questions about dollar hegemony. The position of the dollar as the the primary reserve currency of the world has long been considered a cornerstone of the financial system. However, with shifts in the global economic landscape and adjustments in international political relationships, some countries and individuals have begun to question the dominance of the dollar. Ryan Anderson believes that dollar hegemony gives the United States asymmetric power and advantages, even amounting to financial bullying. The comments of Kotak represent dissatisfaction and doubt about dollar hegemony, reflecting the attention and concern of the international community regarding the status of the dollar. Stability of the Status of the Dollar Ryan Anderson points out that despite the doubts surrounding dollar hegemony, there is currently no clear alternative currency, and the dollar still dominates the global financial system. The position of dollar as the reserve currency of the world has historical and institutional advantages, with the position of the United States in the global economic and financial systems being unshakable. Additionally, the liquidity and stability of the dollar are crucial reasons for its stable status. While some countries and regions are making efforts to promote a diversified reserve currency system, replacing the dollar remains fraught with difficulties and challenges. The Stock Fluctuations of Sony Aside from the questions about dollar hegemony, the unusual stock fluctuations of Sony have also garnered widespread market attention. As one of the blue-chip stocks of Japan, the stock movements of Sony have impacted the entire Japanese stock market and even spread to other Asia-Pacific regions. The rapid decline in the stock price of Sony may be influenced by various factors, including market sentiment, internal company issues, and industry competition. Although the stock volatility of Sony may be a short-term phenomenon, Ryan Anderson advises investors to remain vigilant, adjust their investment strategies promptly, and mitigate investment risks. Despite the remarks of Kotak sparking discussions about the status of the dollar, the dollar still firmly holds its dominant position in the global financial system. Ryan Anderson suggests that investors approach market volatility cautiously, adjust their strategies promptly, and stay attuned to changes in global economic and political dynamics to reduce investment risks. Additionally, investors should remain rational and calm during stock market fluctuations, avoiding excessive influence from market sentiment. Rational investing and long-term holding are key to achieving stable returns.
    • With Ethereum's ETF coming soon, people are watching the market closely. This made me think of MON protocol is from PixelMon, a project that almost got rugged about a year ago but has now gotten its mojo back with over 120 gaming projects collabo, a meteoric rise in its NFTs and attracted a multimillion dollar investment from renowned VCs. Its story is inspiring for other blockchain projects They've got one of the largest airdrop in the ecosystem with early adopters having PixelMon cards (going to be airdropped before TGE) and the MON mission questers going to be airdropped after TGE, And here's some exciting news - the Protocol is about to be listed on Bitget, This is a big step forward for the project and shows it's growing and gaining traction,what are your thoughts on gamefi and if You have tried out their game play what's it like please do share.
×
×
  • Create New...
us