2022/07/11 (047) Column

Democrats Create A Crisis,
Make It Worse, And Call It ‘Progress’
Economic Worries Are Causing WallStreet To Plummet
– While The US Dollar Index Hits 108, Since Oct.`02


Democrats Create A Crisis, Make It Worse, And Call It ‘Progress’

This ‘disastrous’ protestant social democratic liberal green Biden regime keeps ‘self-owning’ on a daily basis.
What’s fascinating about American politics right now is that the Democrats’ policy agenda seems to be based on owning themselves time after time on every issue like clockwork.

Tick-tock. Tick-tock. Tick-tock. Tick-tock. Tick-tock.
Shut down the oil production! And now their wondering why, in the formal, legally, state-legitimized scarcity economy, the energy prices for consumers and taxpayers (which we all are) are rising?

Tick-tock. Tick-tock. Tick-tock. Tick-tock. Tick-tock.
And or also insult Trump and/or our #MAGA Movement (us conservative freedom lovers all around the world) as a racist – and that although never in the history of the USA more non-white, inclusive more women, learned to understand themselves politically as Federal Republicans

Tick-tock. Tick-tock. Tick-tock. Tick-tock. Tick-tock.
And only because this ‘disastrous’ protestant  social democratic liberal green Biden regime wanted to do the opposite politically, what Trump and/or the GOP realized in their 4 years before? Yes, that is the politically revanchistic evil spirit of Cain – who moved everything so that his brother had a difficult (monetarily material less) hard life! And that`s why I, as a baptized Roman Catholic Franciscan Christian, and even more so an outspoken pro-Jew, pro-capitalist, pro-Israel, supporter I can only hope that US voters have not forgotten what life was like before Sleepy Joe took office. And also realize that the current state of fiscal policy in the USA and/or the corresponding state of the US economy was and is not a destiny!? Rather, it was and is the consequence of political (not) decisions by the US Democrats, under the watch of Sleepy Joe Biden?!

Economic Worries Are Causing Tech Stocks To Plummet

Renewed concerns about the economy brought the recent recovery on the US stock market to a standstill again on Monday. Hope was high at the beginning of the week, also from my side, but the traders on Wall Street once again referred to the interest rate, inflation and recession fears that have now become part of everyday stock market life, from which the strongly growth-oriented technology stocks suffered particularly. As a highly speculative anti-cyclical stock market bull, you now feel that your back is against the wall!

Ahead of this week’s key inflation data release and the start of the US corporate accounting season, these worries have regained their grip on investors. Large jumps in profits are not to be expected. So from a fundamental point of view (stock price in historical comparison to previous sales, cash flow, profits, etc. etc. etc.), no support for the stock market is to be expected. Because even the fundamental economic figures look anything but good, which is why one should currently only calculate on technical counter-reactions, but not only on the US stock market in particular.

In addition, looking to China is also dampening the risk appetite of stockbrokers today. Because in China, the number of new infections reached the highest level since the end of May 2022. The authorities speak of a very high risk, which aroused further concerns on the market as Beijing continues to adhere to its zero-Covid strategy. Against this background, the majority on Wall Street fear new supply bottlenecks if the government should impose lockdowns again to contain the virus. Which should put even more pressure on already high US inflation. Which is why in New York, the tech-heavy Nasdaq 100 fell 2.19 percent to 11,860.28 points. The market-wide S&P 500 fell by 1.15 percent to 3854.43 points. The leading index Dow Jones Industrial lost 0.52 percent to 31,173.84 points after a brief excursion into the profit zone.Russian Stocks Close Aat 4-Month Low

The ruble-based MOEX Russia index declined nearly 3% to close at 2,162 on Monday, its lowest since the day of Russia’s invasion of Ukraine, as investors continue to assess the effect that lower energy revenues to Europe may have on Russia’s economy. Gazprom shares were among the biggest losers, as Canada’s pledge to return Nord Stream I’s repaired turbine failed to ease concerns of supply uncertainty. The natural gas giant said that flows through the pipeline will remain halted until July 21, cutting supplies to Germany while Italy reported to be receiving one third less than the amounts booked. In the meantime, Sberbank led the financial sector with a 5% decline. Also lower demand outlook for energy pressured Russia’s oil sector, with Lukoil stocks closed 1.5% down.

Brent Futures Erase Losses

Brent crude futures pared early losses to hover around the flatline at $107 per barrel on Monday, as renewed supply concerns prevailed over deepening fears of a global economic slowdown. Russia threatened to suspend flows from the CPC pipeline that takes oil from landlocked Kazakhstan to Russian export terminals in the Black Sea, responsible for more than 1% of global supply. In the meantime, traders monitored the G7’s possible price ceilings for imports of Russian oil in an attempt to limit Moscow’s revenues while reducing the detriment to Europe’s ongoing energy crisis.

Dollar Index Hits 108

The dollar index topped the 108 mark for the first time since October 2002 as investors have dramatically upped their bets that the Federal Reserve will move even more aggressively to tame inflation. Several policymakers, including Chair Jerome Powell, already backed a 75bps rate hike in the central bank’s next meeting while reiterating that the Fed will use its monetary policy tools to return inflation to the 2% target, even if it hampers growth. Such a narrative was exacerbated by a stronger-than-expected jobs report last week. While market participants are increasingly concerned about the economy’s prospects, businesses remain optimistic about their progress, with an unwavering appetite to hire.

Swedish Krona Hits 20-1/2-Year Low

USDSEK increased to a 20-1/2-year high of 10.622

Danish Krone Hits 19-1/2-Year Low

USDDKK increased to a 19-1/2-year high of 7.3879

Euro Hits 19-1/2-Year Low

EURUSD decreased to a 19-1/2-year low of 1.0076DEVISE 2 DAY Another 48 Hours -Where I Was Wrong, Whre I Was Right

This week i will focus on the development of the Dow Jones Future. I will also mainly address the E-mini Future, because I think that the next 14 days, in July 22, should be more than groundbreaking for August 22 – even for the further development up to September 22. Before we should find ourselves in the hot election campaign for the us mid term at the latest by the back to school season.

In summer, political fires, due to mid-term elections, at the end of autumn.
The highest inflation in 40 years. Not only, but especially in the USA. The worst prospects for the us economy future in the USA since the financial crisis of 2008. And a destructive green monetary-material poverty policy that takes the money out of their voters’ pockets. This self-inflicted legislative legitimized monetary material disaster for us voters, also in Europe, especially here in my homeland Germany also, should (un)consciously (un)intentionally move not only the price action but rather also cost votes! How many? We will experience that. And that`s why I will no longer formulate any new trading capability, in the near future…Realized losts in APPL, wins in TSLA, and no new shorts in the NDX100.
In Middle May our open long trading capability (from 02/13/2022) in APPL (entry 169 USD, stop 150 USD & target 230 USD) was stopped out. Which is one of the reasons why I also dissolved our TSLA short trading capability (from 02/21/2022 with an entry by 855 USD, stop by 1200 & target by 430 USD). But in this 4XsetUp at least with a realized gain of 121 USD (middle may closed by 734 USD). As well in our NDX short trading capability, we realized our gains in the NDX100 too (from 02/16/2022 with an entry by 14.500 & target by 12.000). So overall, when we compare all of our 4XSetUps, the bottom line is that we still have a profit to show for it. So that all in all, put all words together and/or added all numbers up, we can at least show a surplus.And that without paying attention to our first successfully completed UKOIL long trading capability (from 02/15/2022). When UKOIL traded faster as originally expected at USD 130 (03/06/2022) due the outbreak of the war in eastern Ukraine. And we made more as 20 USD, even more as 20%, in a few days. And that without leverage of any derivative. However inclusive our last lost long trading capability in UKOIL (from 03/09/2022) of 12 USD (entry by 112 USD with a stopp by 100 USD) last week, we still did well looking back in the UKOIL. As UKOIL falls back first time under 100 USD since the war trouble in eastern ukraine.

So let`s get straight to the point:
Long USDX (since 02/14/2002) at 96 points and/or long MSFT (since 03/07/2022) at 285 USD are meanwhile our only two open long trading capabilities. In addition to our new long YM1! in the E-mini Dow Future in this week. After we realized our lost long FB trading capability (from 02/17/2022) end of june`22 with painfully 48 USD.