Welcome To The First Day Of Summer

By: Kent Engelke | Capitol Securities

In some regards, yesterday was a quiet day. Oil slipped on concerns of a continuing supply glut, the NASDAQ fell about 0.50% while the Dow was essentially unchanged.

Is the NASDAQ topping out? The recent volatility may suggest a peak has been achieved. Typically, a stock/sector reaches an intermediate apex when there is a violent recovery following a moderate selloff. If a pattern of lower highs and lower lows occur, then the odds of a prolonged period of underperformance increases.

Regarding oil, oil is now in a bear market falling about 21% from its highest close for the year, on February 24th at $54.45/barrel. The vast majority of the decline has occurred since May 25th or the date that OPEC extended its production cuts until March 2018.

What will happen today?

Last night the foreign markets were down. London was down 0.62%, Paris was down 0.89% and Frankfurt was down 0.59%. China was up 0.52%, Japan was down 0.45% and Hang Sang was down 0.57%.

The Dow should open nominally lower. Oil shares have tumbled in 2017 on fears that the supply glut will persist. Oil shares now account for just 6% of the S & P 500, the least since 2004 and down from a high of 16% in 2008. Technology however is hovering around all-time highs of 27%. The 10-year is unchanged at 2.16%.


Both Political Sides Do Not Incite Violence

By: Lloyd Marcus


This both-sides-are-guilty-lie offends me folks. I have been a black Tea Party activist since 2009; spoken and performed my “American Tea Party Anthem” https://youtu.be/q1byTDgu7iA at over 500 rallies on 14 nationwide bus tours.







Leftists’ radicalization begins as early as preschool. Public schools teach white kids that they are born racist, that they owe blacks and they should feel guilty because of their “white privilege”. http://bit.ly/2sBnFh5

Black students are taught white Americans are instinctively racist, the deck is stacked against them and cops murder them practically on sight. Remember Democrats’ despicable ad telling blacks to vote or buy bulletproof vests for their kids to protect them from racist cops? http://bit.ly/2tbHrgi

For far too long, anti-American 1960’s old hippies have dominated public education, teaching our kids that patriotism is racist and America is the greatest source of evil on the planet. http://bit.ly/2sHKjny

After decades of filling American’s heads with hate-filled lies, Leftists act shocked when their disciples act-out violently; gunning down Republicans, Black Lives Matter assassinating police and attacking people for wearing “Make America Great Again” caps and t-shirts. http://bit.ly/2mFBV5k

It is not the nature of conservatives to disrespect our laws. Leftists routinely protest outside of the law, cuss-out and physically attack anyone who disagrees with them. http://bit.ly/2aWycvp

As a seasoned black Conservative activist, it has been my experience that our side desires equal rights for all Americans. We conduct orderly respectful protests, leaving rally sites cleaner than we found them. To divide Americans into angry voting blocs, Democrats tell women, homosexuals, minorities and underachievers that they are victims of America. At Leftist protest events, they f-bomb Trump from the stage http://bit.ly/2tbdjBz and routinely destroy private property. They typically leave mountains of trash after inciting their attendees to commit violence. Leftists outrageously marched on a NY street chanting, “What do we want? Dead cops! When do we want them? Now!” http://bit.ly/2bHu0gp Conservatives could never conceive of doing such an evil thing. That is not how our side rolls.

It is foolish for Conservatives to nod in agreement with Leftists that say both sides are guilty of inciting violence and must modify their tone. This lie is another case of Leftists exploiting a tragedy to demonize and silence conservative speech. Conservatives must continue fearlessly telling the truth in love to educate low-info-voters and help Trump make America great again.

Lloyd Marcus, The Unhyphenated American
Singer/Songwriter and Conservative Activist