InvestorsHub Logo

kiy

11/28/17 3:33 PM

#18195 RE: circlem #18193

2624...I'm going to short 2624 if 15 minute starts to look like it wants down...
Daily =price is outside the 50,2 Bollinger Band...
15minute TRIN...is very very low...

Daily

kiy

11/29/17 2:42 PM

#18205 RE: circlem #18193

Dec. 8th potential government shut down

Congress is racing toward a government shutdown if Republicans are unable to compromise on a spending bill before early December. It would be the first financial shutdown to occur while one political party held the trifecta of power—the White House, Senate and House of Representatives.

The U.S. Senate needs 60 votes to pass a federal budget bill, which means the GOP-controlled chamber will need to court Democrats and convince eight to support a fix for the anticipated government shutdown on December 8. The problem? Democrats are unlikely to sign onto the bill without a few guarantees, such as an extension of the Deferred Action for Childhood Arrivals program, which protects undocumented youth in America.

President Donald Trump began a six-month sunset for the DACA program in September, calling on Congress to find a solution before March. The minority party is ready to use their leverage to accomplish that goal. Senators Bernie Sanders (I-Vt.), Cory Booker, (D-N.J.) and Kamala Harris (D-Calif.), are leading a group of Democrat lawmakers who refuse to let DACA die. "I won't vote for any spending bill without a permanent DACA fix," Sanders posted on Twitter.

Next...Rising Debt Spells ‘Warning!’ for This Bull Market
https://search.yahoo.com/yhs/search?hspart=Lkry&hsimp=yhs-newtab&u_ip=73.109.15.167&type=YHS_LS_100&%20p=GOVERNMENT+SHUT+DOWN+dEC+8TH¶m1=ij7zzSxCeE_ZFQBL4hAS77PV3opj0nN6ik-e3ECZyyaXy-TnzOYDmpndM89rrJkSVdUwcwFeZA6zDnHgOgc-vwpnY-tZ8TQrM1M1dsjRMY2DOhPCKbyiKgwu64392hlOw0LkgpNMGl901K3l4VGTJWiMrhe7CknfQ200HURCQaGzUIjcFxgLkyQyaPLoMBkF0MNEWk7Amkk7zQn1SOaT5AVRsk5o-I9Zrbl0eeUI5D-eGMTnSumufB5K55JaQlkOxxWuDVWbyLU%2ct-spells-warning/" rel="nofollow" target="_blank" >Rising Debt Spells ‘Warning!’ for This Bull Market
But there’s something to look out for while we watch oil break out toward $60 and perhaps higher. We may reap the windfall now, but the rise in oil prices could be planting the seeds of the next bear market in stocks.

It’s all about consumer spending and the almost $13 trillion “elephant in the room” — better known by the Federal Reserve Bank of New York as Americans’ total amount of housing and nonhousing debt.

Every quarter, the Fed tabs up what it calls the nation’s “total debt balance” — mortgage debt plus nonhousing debt (loans for automobiles, credit cards, home equity and student loans).

At the last peak in the economy, in 2008, the nation’s total debt balance tapped out at $12.68 trillion. We surpassed that milestone back in the first quarter of the year, when Americans’ accumulated an aggregate $12.72 trillion that needs to be paid back.

It grew to yet another new record of $12.84 trillion in the second quarter.

But what’s so interesting (and dangerous) is that it’s not mortgage debt, but all the nonhousing debt that’s leading the charge higher in the statistics this time.