1. Kiss The Jobs and Government Revenue Goodbye - along with Canada's Investment Reputation

$47 billion lost in government revenue - 800,000 man hours of work gone if the Trans Mountain pipeline gets scrapped. And for what? Best case scenario is .03 of a % reduction in global emissions. But don't worry - there's one big winner -  San Francisco based Corporate Ethics, who in 2008 launched and financed the campaign to landlock Alberta oil. Oh yeah, US oil producers are smiling too. 

 ....continue reading HERE

2. Short Sale of the Century

The Liberal's have gone a step to fare when they made it clear a citizen doesn't have right to Federal money if they disagree with the Prime Minister's point of view. 

....Click HERE for full comment

3. Climate Change Advocates Have Blown It

Misleading statements, hypocrisy, over the top predictions of eco-catastrophe, intolerance and disrespect for opposing views and a totalitarian like determination to stop anyone from questioning their agenda - too often those are the common of the Climate Crusaders. And they're hurting public support for taking effective action.

...read more HERE

It took a long time before individual retail investors were even mildly bullish before the big drop, but now they are "flat out BEARISH". Since every major turn down into a bear market has been precededed by a long period of increasing optimism ultimately ending in euphoria, it was unusual as this analyst points out that just before the recent drop from the January 26th 2018 high, the "little guy's"were just beginning to become optimistic. Not eurphoric, but getting "comfortable" as explained below. Perhaps now they are virtually absent as they were when this chart below appeared in 2017: - R. Zurrer for Money Talks

Fear of War, both Trade and Missiles drove all 3 Stock Indexes down yesterday. Despite the hammering, there were actually more NYSE issues up than down, an unusual event. Mr. Todd thinks something is going to happen missle wise, but doubts that "it will effect markets all that much" - R. Zurrer For Money Talks

Wednesday April 11, 2018. 3:00 Pacific

DOW - 219 on 4 net advances

NASDAQ COMP - 25 on 72 net declines

SHORT TERM TREND Bullish

INTERMEDIATE TERM Bullish

STOCKS: Today was all about the prospect of military conflict in the Middle East. Russia issued threats and President Trump issued counter threats. It does look something is about to happen, but I doubt that it will affect the markets all that much.

Today also looked like a bit of reaction and profit taking to yesterdays gonzo move.

We were impressed by breadth. It isn't often that we see a 200 point Dow drop with more advances than declines. 

GOLD: Gold gained $11. We still haven't closed above the late March peak which constitutes resistance.

CHART: The QQQ is the ETF for the NASDAQ 100 and it has a tendency to be market leader. I am impressed that after a March decline, it is now making a series of ascending highs and ascending lows. 

www.toddmarketforecast.com

BOTTOM LINE: (Trading)

1. Todd Market Forecast: Complex Bottoming Process

 Stephen's monthly newsletter covers all major markets, Stocks, Bonds, Gold Canadian Markets and current market sentiment. Everything seems to be lining up for multi week uptrend, but there is one caveat.....

 ....continue reading HERE

2. Federal Liberals Blackmail Canadians

The Liberal's have gone a step to fare when they made it clear a citizen doesn't have right to Federal money if they disagree with the Prime Minister's point of view. 

....Click HERE for full comment

3. It's Not Yet Time for Gold....

This analysis as well as Martin Armstrong's Quarterly Closing Post clearly state that it is just not Gold's time to explode upwards. There are factors that will have to fall into place before Gold can begin a long term bull swing upwards

...read more HERE