Monday, May 16, 2016

Ignorance Is Arrogance: Junk Culture Is Imploding

Seven years of ignorance and arrogance, ending at the brick wall of reality...

Skeptical: Someone who detects malfeasance
Cynical: Someone who accepts malfeasance

Obama SOTU 2016:
"Anyone claiming that America’s economy is in decline is peddling fiction. (Applause.)"

ZH: May 17, 2016
Congressman Admits Washington Is a Sinkhole of Leeches
“We spend money we don’t have and blithely mortgage the future with a wink and a nod. Screw the next generation. It’s about getting credit now, lookin’ good for the upcoming election,” he says."

“Voters are incredibly ignorant. It’s far easier than you think to manipulate a nation of naive, self-absorbed sheep who crave instant gratification"

“America’s on an irreversible decline and no one in Washington seems to care . . . "

Mind the gap 'n trap:

S&P with VIX:

NYSE Down volume (hourly)

Bollinger band width (volatility)

Buffett's Apple acquisition was good for a .2% gain:

Financials are clinging to the 200 day: