A little and a little, collected together, becomes a great deal; the heap in the barn consists of single grains, and drop and drop make the inundation.
Google is working with a financial adviser to consider a potential bid for Twitter Inc., as the social-media company continues to explore a sale, according to a person familiar with the arrangement.In tapping Lazard Ltd., Google hasn’t indicated it will definitely make an offer for Twitter. However, the move suggests that Google is evaluating the option, pitting the search giant against other potential bidders including Walt Disney Co. and Salesforce.com Inc. Full Story
No matter how mainstream media tries to spin it, they blew it; it was Brexit on steroids. Trumps win highlights the power of social media and how terribly controlled traditional media outlets are. They misfired on Brexit and grossly over exaggerated Clinton’s lead. It was a stunning defeat and the fact that mainstream media was so far off the mark will now serve as the bedrock to propel social media to levels never seen before. Expect a whole new range of social media apps and sites to emerge that are going to put many newspapers out of business. As the masses grow increasingly suspicious of mainstream media, we believe that social media will be able to provide valuable insights into the mass mindset.
Being politically correct is now a dead concept
All over the world, the politician that speaks his mind is the one that will resonate well with the public. Those that focus on their P’s, and Q’s will be toast. The crowd seems to agree:
Most Americans (59%) say “too many people are easily offended these days over the language that others use.” Fewer (39%) think “people need to be more careful about the language they use to avoid offending people with different backgrounds.” About eight-in-ten (78%) Republicans say too many people are easily offended, while just 21% say people should be more careful to avoid offending others. Among Democrats, 61% think people should be more careful not to offend others, compared with 37% who say people these days are too easily offended Full Story
Regulations in the US are going to be torn apart
The Hill, for example, compiled a solid list of “14 Obama Regs Trump Could Undo” that are surely being reviewed by transition operatives.For present purposes, there are a couple categories of rules potentially subject to elimination by the Trump administration. The first consists of already finalised (and often legally challenged) rules, like the Environmental Protection Agency’s Clean Power Plan and the Waters of the United States rule; the Department of Labor’s “overtime rule” and its “fiduciary rule.” Then there is the big one, Obamacare. These are long-discussed items like those in the Hill article noted earlier. Full Story
Obama care will be gutted as in general it is a disaster; “You can keep your doctor” slogan and the steep rise in premiums clearly demonstrate the detrimental nature of this program. Many small businesses were forced to fire workers as they could not afford to pay these premiums. It remains to be seen what will replace it, but for now, the news is being greeted with enthusiasm. Trump’s decision to knock off two rules on the book for every rule created should contribute to creating a more friendly business environment.
The trucking sector has rallied sharply, possibly on the expectation that tougher trade deals will be negotiated and the hope is that this will lead to a rise in manufacturing activity. Whether this belief is true or not hardly matter; the rally has gathered momentum after Trump was declared the winner. Markets are forward looking beasts and the long term trend for the transportation sector, and banking sectors have turned positive.
SAIA Inc is just one of the many stocks in the trucking sector; it has rallied over the past few weeks. It has tacked on more than 30% in less than eight weeks and is now clearly trending upwards. There is a strong wall of resistance in the 42.50-44.00 ranges, but once it overcomes this zone, it should soar in to put in a series of new highs.
The pattern in the banking sector is pretty similar to that of the Transportation sector; Bank of America has rallied very sharply over the past few weeks, surging from the 15.00 ranges to almost 21.00 for a gain of over 30%. The stock has broken out and is now trading at new three-year highs; as the trend is up, it is likely to continue trading higher for several years to come. A Strong pullback should be viewed through a bullish lens.
Companies Such as Vimpel Communications and Yandex make great long-term investments. It is also a good time to invest in Russian Farmland as Russia has some very pristine acreage that has not been poisoned with pesticides and other dangerous chemicals.
In the US, Many sectors are breaking out, but the transportation and the financial sectors are two important segments that have the potential to drive the markets significantly higher. The financial sector has been a laggard for a long time, and as the trend change is relatively new, this trend should remain in force for a significant period. The markets have responded well to a Trump win and what we stated in an article that was penned before the election results came in has come to pass; once again proving that as long as the trend is up, every substantial pullback should be viewed through a bullish lens.
From a contrarian angle (and not a political point of view) a Trump win could be construed as a positive development; non-contrarians will demand to know why? Mass Psychology clearly states that the masses are always on the wrong side of the equation. A Trump win will create uncertainty, and the lemmings will flee for the exits; markets will pull back sharply and viola the same old cycle will come into play. The cycle of selling based on fear which equates to opportunity for those who refuse to allow their emotions to do the talking. Full Story
If the only tool you have is a hammer, you tend to see every problem as a nail.
Abraham H. Maslow
This article is provided courtesy of www.tacticalinvestor.com
The views expressed in this article are solely those of the author and do not necessarily reflect the official position of Sputnik.