Hi readers
Market has had an interesting month .
As Trump has been slowly chipping at Hilary the market is now getting worried that he might win.
We have seen serious evidence of this with multinational companies bringing forward investment decisions and as the numbers came out the economy grew by 2.9% in the first quarter after a sluggish March and June quarters.
It's interesting that when we call Trump to win the nomination and the dark horse in the race many American readers emailed comments that I was on drugs... ( how astrology works)
Now the fear that he might win and I'm getting emails of is a crash going to happen, in the market.
There is a 15% change he could win , it's not much but he can win.
Will the stock market and economy slide into recession 100% it will.
The issue is multinational companies produce 70% of there profits from overseas, cheap labour.
It's taken decades for companies to set up overseas and to all of a sudden to give them just 3 years to bring them back to the states or risk being taxed 3X is ridiculous.
We need to see who wins the election before we can post out a road map.
It won't happen overnight so there will be time to take action.
If Hilary win market can go up another 5-10% before Xmas... patience is needed.
In trading we had a wonderful October until the last week.
A portfolio liquidation in the ASX cost money and hurt the return.
In our stock trades
Deutche Bank is now trading over $14 and will continue on its merry way.
So much for those predicting DB to fail...
As I stated before charts show you the after event.
I bought Crown resorts in Australia, since the trouble in china the stock tumbled down , to a point I'm comfortable in investing in .
I did the astrology on this stock last week and there is nothing to worry about.
This stock will trade above $13 in the not to distant future if not higher . Bought between $10.55-10.92
On Farm Pride I'm very disappointed with the bullshit management has put up to shareholders.
You don't make profits by cutting costs, that just simple cream on a cake.
No point putting cream on when there is no cake.
What's annoying me more is that while company has positive astrology going for it, there seems to be a sit and wait attitude.
Astrology doesn't work that way, it supports what you do, wait and see is pissing it down the drain.
Let's see how management responds to a falling share price and hopefully they change there approach and look at opportunities in increasing sales.
Sales makes profits not cost cutting .
Market has had an interesting month .
As Trump has been slowly chipping at Hilary the market is now getting worried that he might win.
We have seen serious evidence of this with multinational companies bringing forward investment decisions and as the numbers came out the economy grew by 2.9% in the first quarter after a sluggish March and June quarters.
It's interesting that when we call Trump to win the nomination and the dark horse in the race many American readers emailed comments that I was on drugs... ( how astrology works)
Now the fear that he might win and I'm getting emails of is a crash going to happen, in the market.
There is a 15% change he could win , it's not much but he can win.
Will the stock market and economy slide into recession 100% it will.
The issue is multinational companies produce 70% of there profits from overseas, cheap labour.
It's taken decades for companies to set up overseas and to all of a sudden to give them just 3 years to bring them back to the states or risk being taxed 3X is ridiculous.
We need to see who wins the election before we can post out a road map.
It won't happen overnight so there will be time to take action.
If Hilary win market can go up another 5-10% before Xmas... patience is needed.
In trading we had a wonderful October until the last week.
A portfolio liquidation in the ASX cost money and hurt the return.
In our stock trades
Deutche Bank is now trading over $14 and will continue on its merry way.
So much for those predicting DB to fail...
As I stated before charts show you the after event.
I bought Crown resorts in Australia, since the trouble in china the stock tumbled down , to a point I'm comfortable in investing in .
I did the astrology on this stock last week and there is nothing to worry about.
This stock will trade above $13 in the not to distant future if not higher . Bought between $10.55-10.92
On Farm Pride I'm very disappointed with the bullshit management has put up to shareholders.
You don't make profits by cutting costs, that just simple cream on a cake.
No point putting cream on when there is no cake.
What's annoying me more is that while company has positive astrology going for it, there seems to be a sit and wait attitude.
Astrology doesn't work that way, it supports what you do, wait and see is pissing it down the drain.
Let's see how management responds to a falling share price and hopefully they change there approach and look at opportunities in increasing sales.
Sales makes profits not cost cutting .
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