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Shade on tuesday, ted cruz went on the radio today and amped it up. We had an epic battle in congress a couple of years ago amnesty andion of the argument that we need to secure the border first was an argument i was making over and over again. Sessions argument jeff was making over and over again through it all of the folks on the other side dismissed it saying we were antiimmigrant for believing we should secure the borders. Deep and genuine disagreement with that view. As a voter, when politicians and say the exact up a set of what they have done in office, i treat that with skepticism. Mark ted cruz hits rubio pretty clearly on amnesty. Now it is rubios turn in south carolina. That he and his rival were not so different on this issue of amnesty and immigration. When the senate bill was proposed, he proposed legalizing people that were here illegally. He proposed giving them work permits. He has supported a massive expansion of the green cards. Look at it, i dont think our positions ....
Dow falling 50, because the s p oscillator is now in extreme overbought territory, which tells me we are due for some pain. The house of pain. Before i explain my reliance on this darned oscillator, let me break down what i saw. Its inextricably late to several inputs. Stocks intend tend to go pie higher if we have three circumstances a weaker dollar, higher oil and stronger chinese stock market. I may not necessarily agree that these should cause a raleigh. I think higher oils mean lower personal save,s lower personal consumption, higher cost for most businesses, only 10 directly benefits from a more expensive group. It doesnt matter what i think, though. Right now the correlation between higher oil and higher stock prices is so ingrained its not even worth the intellect why will combat. When oil was flying high today, you know, you had a decentlooking market, but it sold off. As soon as it did, that directly turned the tape into the red. It was incredible. We know that the chinese st ....
Tells me we are due for some pain. The house of pain. Before i explain my reliance on this darned oscillator, let me break down what i saw. Its inextricably late to several inputsts. Stocks intend tend to go pie higher if we have three circumstances a weaker dollar, higher oil and stronger chinese stock market. I may not necessarily agree that these should cause a raleigh. I think higher oils mean lower personal save,s lower personal consumption, higher cost for most businesses, only 10 directly benefits from a more expensive e oup. It doesnt matter what i think, though. Right now the correlation between higher oil and higher stock prices is so ingrained its not even worth the intellect why will cbat. When oil was flying high today, you know, you had a decentlooking market, but it sold off. Turned the tape into the red. Was incredible. We know that the chinese stock market has been manipulated higher by their government. It shouldnt matter at all, right . But again i dont determine the ....
And this morning the iea says it sees the oil glut worsening. The big reason, demand growth now is slowing while opecs out look continues to boom the ieac Global Market is supplied until at least the end of next year. Wti with 36 and change down another 1 . Even brent at 39 and natural gas, look at that, below the 2 mark. We were you messed it up yesterday. Halftime report we were up like 150 or something . Almost 200. Almost 200. We ended up, up 80. What did you do . Which guy was it do you think . Were you on the show. They were both there. Could have been either one. Or could have been each. But, you know what i think honestly what did happen, oil got weaker and weaker and in the old days if oil went down, it was party. Sit that people think its not as slower or. What is it . The iea saying its demand and not supply. Last two weeks we decided it was all supply. Every guy we had on said it was supply. Maybe its just that the shor ....