Loading ...In Washington, the Special Olympic is getting messy. Like monkeys, Obama and the Senate did nothing but flung enormous feces at the House. They refused to negotiate and instead resided to just insulting and guilt tripping the republicans into submission. In return, the House scooped up and tossed its own gigantic feces, agreeing to fund the bill one peace at a time. Now, Obama, the Senate, and the House have positioned themselves in a no win situation where everyone is covered in shit. This is the current state of our politics. It is not that we have become as cynical as to designate our politicians as monkeys. We are now to the point of describing them as crippled angry shit flinging monkeys. It is only with this cynicism that we can maintain our sanity and smile. […]
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The big news however (at least for the next 5 and a half days) is the incompetence in Washington. Instead of attempting to solve the perceived problem (the debt ceiling fiasco) or the real problem (distribution of wealth), to politicians are reading children’s book. What is it with those guys and children’s book? What they should be reading is Les Misérables by Victor Hugo. “If I speak, I am condemned. If I stay silent, I am damned!” […] The Feds plan is simple. Over time, like the next decade, they will try to raise rates to at least 5% so the banks can make money. Clearly, the subsidy train is not going to stop with Janet Yellen. The deregulation queen was one of the eager supporters who dismantled the Glass–Steagall act. For those that don’t know, Glass–Steagall legislation is four provisions of the U.S. Banking Act of 1933 that limited commercial bank securities activities and affiliations between commercial banks and securities firms. This legislation was put in place after the first stock market crash (which caused the great depression) to prevent future market crashes. So history will repeat itself, not a matter of if, just when. […] The highlight of last week however came on Saturday. When I say highlight, I mean the truly entertaining and the hilarious. Obama and the clowns on Washington went on a full court press. They desperately tried to convince the Nation that Putin did not win; it was actually Obama who caused the diplomatic solution to Syria by forcing the Syria issue. Can you believe the balls of our politicians? This is like an arsonist taking credit for a fireman putting out the fire. Maybe if Obama and his Arabian friends didn’t arm the Al-Qaida rebels in Syria, we wouldn’t have a bloody war in the first place. […] There are a few things that you read that leave tears in your eyes. Truths that is so undeniable that no one in the world can ignore. These truths, often spoken by great leaders, have created shock-waves rippling throughout the world. Reagan had those truths, and now so does Vladimir! […] Yesterday was an all-around great day with lots of pleasant surprises and profound ironies. The markets opened like a rocket ship and never looked back. It once again received better than expected economic news from around the world. Traders who had bet on market collapse and war with Syria had extensive losses (our apologies to gloom and doom folks). Traders who had bet the world would act rational over Syria and accepted good economic data cashed in on significant gains. […] Obama is desperately trying to convince the American public and his colleagues in Washington that war with Syria is an obligation. This is a grave mistake which would result is World War III. Obama is failing miserably at the key issue and that is convincing the world that we have the obligation to prevent the mass killing that’s occurring in Syria. […] Yesterday morning the bulls were in control and the US market started the day green. The good feeling did not last long thanks to politicians who were once again trying to rally the nation into war. Clearly, every day Americans, the troops, and nearly everyone else around the world don’t want the United States of America to intervene in Syria. However, a hand full of incompetent, stubborn, half-wit leaders supports this war. […] The dust has now settled, and the situation is becoming clearer. Everyone that wanted out is out, everyone that was shaky is out, and everyone who was bullish panic-sold out. The sellers have left the building and big money has stepped to build a new floor on the stock price. Perfect time to buy, catch a little retracement and get out before the verdict is out whether or not the floor was set too low or too high. But do we really want out now that I’m in? Oh hell no! After extensive analysis these last few days, it was discovered that one of those 3 stocks is a gem. When analyzing IPI (Intrepid Potash Inc.), we accidently stumbled into those stock opportunities that just make you giggle. First off, we could only find ONE reason to sell IPI, and that was Uralkali released information (which is old information and definitely priced in). However, we found many reasons why IPI is a short, medium and long term opportunity. The charts are all bullish. The MACD, MFI, ROC, RSI, slow stochastic, fast stochastic, volume, and Vol+MA all indicated bullishness. As a conservative investor, who is wrong 1 out of 100 trades, charts alone aren’t a good enough reason for us to buy. You see, at Alphas Edge, there are stringent rules and guidelines that greatly improve the odds of making money, and we follow them. So we started to research with the goal of quantifying the future for Intrepid Potash and what we found pleased us. They have a few large scale projects that are expected to greatly increase production and at the same time reduce production cost. That smells like money to us. But don’t take our word for it, do you own research. […] Ayn Rand once wrote, “Money is the barometer of a society’s virtue. When you see that trading is done, not by consent, but by compulsion–when you see that in order to produce, you need to obtain permission from men who produce nothing–when you see that money is flowing to those who deal, not in goods, but in favors–when you see that men get richer by graft and by pull than by work, and your laws don’t protect you against them, but protect them against you–when you see corruption being rewarded and honesty becoming a self-sacrifice–you may know that your society is doomed.” […] |
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