© 2013 ROHR International, Inc. All International rights reserved.
COMMENTARY: Friday, October 11, 2013.
That’s right… regardless of their ardent defense of hardball tactics to ostensibly ‘protect the American people from the ravages of Obamacare’, this was just dumb. Tying that effort to a budget negotiation was always going to backfire without control of both houses of Congress and for that matter the White House.
And what the CNBC video segment doesn’t tell you is that the overall popularity of the Republican Party has sunk to 24%... the lowest since those Wall Street Journal/NBC News polls began. As if the degree to which 50% of the American public is now against the repeal of the Affordable Care Act (aka Obamacare) wasn't enough (a real 'boonerang effect' from the Republican effort), the preference for who should run Congress has shifted to 47% Democrat versus 39% Republican!!
That’s the best reading for the Dems since the early 2009 new-President Obama ‘honeymoon’ period. It is all in stark contrast to the general sense of things a mere month ago, when the Dems were plagued with their serial scandal and mismanagement and foreign policy failure problems.
013/10/11: TrendView VIDEO Analysis: Equities with Comments
© 2013 ROHR International, Inc. All International rights reserved.
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TrendView VIDEO ANALYSIS & OUTLOOK:
Friday, October 11, 2013.
EQUITIES
The TrendView Video from after Thursday’s US Close is exclusively on the December S&P 500 future, yet with discussion of the macro factors which drove today’s explosive rally blended in with technical trend evolution discussion in the opening section. There is also mention of the trend developments in the other equities from 07:25, govvies at 08:05, and foreign exchange commencing at 09:05, with brief return to the December S&P 500 future setup into the important weekly Close ideas at 10:30.
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