Wednesday, November 13, 2013

Markets and ObamaCare

Two big breakout moves for the stock market today, the first at about 12:20pm and another at about 3:15pm and gathering steam here just before the close.


As many of you know, I have been and continue to predict an inverse relationship between the Lightworker's political fortunes and the stock market, notably here.  The release of the disastrous ObamaCare enrollment numbers today are, IMO, the cause of the second breakout (look at the volume spike).  These numbers are hard data that puts Obama's political troubles in stark relief, and the markets are cheered.  The law will be changed, only a matter of how much.


0 Comments:

Post a Comment

<< Home