Shaky Report Card

Well,reassured readers of this blog I am ah hum a little late public publication of this post here. Pardon me while I gag over the economic details I just was reading here at Monday 5:12pm. Ok,enough of the semantics because I know a gazillion of global readers of this blog are hungry to be feeding data to all of you. So,without further ado,the analysis is this started now,ready set go... First up on deck is the ugliest jobs report I have to read yet,unemployment running uphill like a large giraffe,so were talking 350,000 New jobless claims in just this month alone. That's AWFUL and to add that economic speaking its just the tip of the greater jobs picture. New factory and durable goods report just added a fresh new. coat of red paint to the already dismal jobs report for this fiscal quarter. Then you got the Apple debacle which Wall Street is popping bottles of pills over it,because Apple is a leading global company. Investor reaction to Apple being sued and countersuit is making investors think seriously about their short term investments. If Apple goes down in flames with the EU,then investors see the door wide open season on other American businesses. You're all open minded until you think about the overall costs involved in Europe biggest financial crisis pending which is Britain's Brexit. This financial mess is going to spin out of control when Brexit takes full effect. Why? Banks global are going to heeds warning,hedge their risks by constricting credit,loans and other products. If you think it stops there your not really realized that this effects global stock and bonds markets. I have optic vision to seeing the truth here by analyzing the global shock factor in market data. Think the last time that we had a flash crash of oh say about 600 points on the major markets indexes globally. Wall Street bankers and brokerage houses were reading it as a economic upturn in the green zones. To their shock they didn't learn from my analysis,the grinch came early to steal their Christmas toys,no Gulfstream jet for you this year. If they been smart they wouldn't have rode the rosey ride to suicide bottom on the markets. While the big profiteers like my wife HM Pamela L (Porter) Norton and I poured in wealth up the kazoo on the flames from that last flash crash,others just burnt themselves up in Wall Street flames,wailing over their broken portfolios. Gee,that is why we make money hand over fists while Wall Street bemoans their paltry bonus checks. My wife Pam cracks me up sometimes with her pointy jokes"  Their Shocking Poverty those Wall Street Pink Elephants are these Days one Wouldn't think that Eh.." Ok back to the Analysis here, Stocks climbed in the morning today only to learn the jobs report and Durable Goods Report which sent shivers down the spines of the Dow and Standards and Poors indexes. You look critical at the MaCD,Russell 500 1000 and others global it certainly really tells the story. Wall Street is visible nervous over both stocks and bonds market shares. The underpinning analytics tells me that global markets really reached a platinum plateau and now were in choppy waters going forward. Stock futures still remain bright but the optimism is wavering I think based on certain factors. The new Chinese oil deal with Russia and Iran easing some market pain,overall with a global light sweet crude oil prices jump that just happened. We add that combined with a larger than expected worldwide glut oversupply it's effects are pushing the OPEC nations to consider new proposal for refinery production output. Global markets this quarter as a whole have and are still sluggish with the new G 20 report shows that the global economy growth is actually averaged about 2 to 4 percent which is awful for this year in considering that it was much higher in some prior years. Well,Janet Yellen is yelling again with her Fed Chair commentary which makes Wall Street and the Global economy pause holding their noses at the prospects of another Central Banks interest rate hike. Investors and business this week started today being clobbered by bad news so Mrs Yellen at the markets are causing a downhill slalom. So looking this week ahead I think we are going to see some positive news about Apple,more about corporate profits reports which this month are very good,global temporary sell signals reversed direction. This will help a lot of short term investors who lost huge sums over summer time to gain back their losses. So,this is how I see this week going forward on the Dow and other markets including global markets.

Take Care and Have a Blessed Day..

HM John Norton
The Hon. UN Secretary General

" Invest Wisely When Opportunity Knocks"