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An outlook for December in US equities, oil and the US dollar

November 25, 2015

Don and Gary join Cory for today’s market wrap. We cover their outlook for US equities, Oil and the Us dollar. We also wish everyone a happy and safe Thanksgiving. Spend some time with your loved ones and get away from all the bad stuff in the world.

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Discussion
34 Comments
    Nov 25, 2015 25:35 PM

    The dollar should head back to the moving averages and a little below those at least. It is about to show a sell signal. The chart is looking a bit ridiculous. The fall in other currencies has been overdone.

    Nov 25, 2015 25:47 PM

    Doc, remember to eat lots of sauerkraut for Thanksgiving!

      Nov 25, 2015 25:04 PM

      Bonzo, if we had Thanksgiving this year with my son-in-law then you can bet we would have pork and sauerkraut. Can you imagine that one of my daughters would marry a Polish chap? What’s this world coming to anyway.

        Nov 25, 2015 25:05 PM

        Bonzo, the above response was not from Big Al—it was from me, Doc. Now Big Al is everywhere; he’s even absconding with my posts.

        Nov 25, 2015 25:18 PM

        I eat sauerkraut every day, my wife say’s if you like it so much why don’t you marry it, that might not be such a bad idea. DT

          Nov 25, 2015 25:30 PM

          That is followed by ten to twelve large radishes washed down with Moosehead beer, forget about Poland my ancestors are Germans.

          JIM
          Nov 25, 2015 25:53 PM

          DT,

          I never thought of using sauerkraut in that fashion. I personally don’t like the stuff, but please ask your wife if you followed her suggestion, would she still expect 50% of your assets. If not, you might be on to something REALLY BIG.

          All The Best,

          JIM

    Nov 25, 2015 25:14 PM

    Happy Thanksgiving to all the AK family.

    Nov 25, 2015 25:49 PM

    Happy Thanksgiving Everyone!
    Good family, friends and food is great!

      Nov 25, 2015 25:01 PM

      Well, it looks like Uncle Joe will have a nice Thanksgiving…on your dime, of course.

      Just the cost of the hotels and cars are over $300,000.

      Is there any reason we shouldn’t hate these disgusting elite pigs?

      Hotel, Cars for Biden’s Thanksgiving Trip to Italy and Croatia Cost $307,118

      http://freebeacon.com/issues/hotel-cars-for-bidens-thanksgiving-trip-to-italy-and-croatia-cost-307118/

        Nov 25, 2015 25:04 PM

        I think Biden and his entourage of parasites ought to be eating Swanson TV turkey dinners at Thanksgiving.

        And if they want entertainment they can watch a re-run of Jerry Springer’s It’s a White Trash Christmas.

          Nov 25, 2015 25:32 PM

          Hey, what you got against Swanson turkey dinners, Ebolan?

          In my day we’d consider ourselves pretty lucky to have that at Thanksgiving.

          Way too good for your Uncle Joe!

          JIM
          Nov 25, 2015 25:09 PM

          EBOLAN,

          They should also being staying at a Motel 6 and riding in a Fiat.

          All The Best,

          JIM

            Nov 26, 2015 26:40 PM

            Or make them stay in tents and take public transportation.

            Nov 27, 2015 27:46 AM

            I like the tents & public transportation idea. Yeah a $307,118 Thanksgiving trip, is a bit steep…..

            Nov 27, 2015 27:33 AM

            Yeah a $307,118 Thanksgiving trip, is a bit steep…..

            That’s just for hotels and car rentals. I believe when Biden jet sets the world he flies in Air Force 2 which is a suped up 757. When you add that, security and all the other costs I am sure his trip will cost the taxpayers millions.

    JIM
    Nov 25, 2015 25:11 PM

    Correction:

    Being above should read be.

    Nov 26, 2015 26:45 AM

    Happy Thanksgiving from Asia! I’m off to the VFW!

    Nov 26, 2015 26:30 AM

    On Zero Hedge now/ Turkey funds ISIS

    Meet The Man Who Funds ISIS: Bilal Erdogan, The Son Of Turkey’s President
    Submitted by Tyler Durden on 11/25/2015 – 22:55

    bb
    Nov 26, 2015 26:34 AM

    25.11.2015 Author: F. William Engdahl

    Israeli Colonel Caught with IS Pants Down

    Country: Israel

    This was definitely not supposed to happen. It seems that an Israeli military man with the rank of colonel was “caught with IS pants down.” By that I mean he was captured amid a gaggle of so-called IS–or Islamic State or ISIS or DAESH depending on your preference–terrorists, by soldiers of the Iraqi army. Under interrogation by the Iraqi intelligence he apparently said a lot regarding the role of Netanyahu’s IDF in supporting IS.

    In late October an Iranian news agency, quoting a senior Iraqi intelligence officer, reported the capture of an Israeli army colonel, named Yusi Oulen Shahak, reportedly related to the ISIS Golani Battalion operating in Iraq in the Salahuddin front. In a statement to Iran’s semi-official Fars News Agency a Commander of the Iraqi Army stated, “The security and popular forces have held captive an Israeli colonel.” He added that the IDF colonel “had participated in the Takfiri ISIL group’s terrorist operations.” He said the colonel was arrested together with a number of ISIL or IS terrorists, giving the details: “The Israeli colonel’s name is Yusi Oulen Shahak and is ranked colonel in Golani Brigade… with the security and military code of Re34356578765az231434.”

    Why Israel?

    Ever since the beginning of Russia’s very effective IS bombing of select targets in Syria on September 30, details of the very dirty role of not only Washington, but also NATO member Turkey under President Erdogan, Qatar and other states has come into the sunlight for the first time.

    It’s becoming increasingly clear that at least a faction in the Obama Administration has played a very dirty behind-the-scenes role in supporting IS in order to advance the removal of Syrian President Bashar al Assad and pave the way for what inevitably would be a Libya-style chaos and destruction which would make the present Syrian refugee crisis in Europe a mere warmup by comparison.

    The “pro-IS faction” in Washington includes the so-called neo-conservatives centered around disgraced former CIA head and executioner of the Iraqi “surge” General David Petraeus. It also includes US General John R. Allen, who since September 2014 had served as President Obama’s Special Presidential Envoy for the Global Coalition to Counter ISIL (Islamic State of Iraq and the Levant) and, until she resigned in February 2013, it included Secretary of State Hillary Clinton.

    Significantly, General John Allen, an unceasing advocate of a US-led “No Fly Zone” inside Syria along the border to Turkey, something President Obama refused, was relieved of his post on 23 October, 2015. That was shortly after launch of the highly-effective Russian strikes on Syrian IS and Al Qaeda’s Al Nusra Front terrorist sites changed the entire situation in the geopolitical picture of Syria and the entire Middle East.

    UN Reports cites Israel
    .
    First appeared: http://journal-neo.org/2015/11/25/israeli-colonel-caught-with-is-pants-down/

    F. William Engdahl is strategic risk consultant and lecturer, he holds a degree in politics from Princeton University and is a best-selling author on oil and geopolitics, exclusively for the online magazine “New Eastern Outlook”

    bb
    Nov 26, 2015 26:40 AM
    bb
    Nov 26, 2015 26:42 AM

    Forgot to say the rest of the article is at http://www.williamengdahl.com/

      Nov 26, 2015 26:37 PM

      Pretty much read the entire piece.

      Thank you,

      Al

      Nov 26, 2015 26:47 PM

      Good article. Endahl has also been on the Corbett Report several times.

      A lot of good stuff here including a couple of Engdahl interviews on the front page.

      https://www.corbettreport.com/

    Nov 26, 2015 26:30 PM

    My thanksgiving thought is an old one but one that needs to be talked about because it is so important, what the world needs is Peace and when the warring stops Prosperity will follow. Nothing really else matters! DT

      Nov 26, 2015 26:05 PM

      Correct Mr Tracy,

      Nothing else really matters!

    Nov 26, 2015 26:06 PM

    Here is a Thanksgiving tradition of mine dating back 50 years.
    https://www.youtube.com/watch?v=m57gzA2JCcM

    Nov 26, 2015 26:58 PM

    To the blowhard neoNAZIcons. Either play by the rules or don’t play.

      Nov 26, 2015 26:06 PM

      They make their own rules.

    Nov 27, 2015 27:05 AM

    Happy holidays………….gold down $17………….

      Nov 27, 2015 27:08 AM

      Macy parade over ………and New York is open…………and “down” the street all is well. Or is that in the well., oh, well…..welcome to the New York moment.

    Nov 27, 2015 27:20 AM

    Rick Rule: Absolutely Manic Bull Market In Gold Coming Soon
    BY COLLIN KETTELL ON NOVEMBER 25, 2015

    http://palisaderadio.com/rick-rule-absolutely-manic-bull-market-in-gold-coming-soon/