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The charts, graphs and comments in my Trading Blog represent my technical analysis and observations of a variety of world markets...
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N.B.
* The content in my articles is time-sensitive. Each one shows the date and time (New York ET) that I publish them. By the time you read them, market conditions may be quite different than that which is described in my posts, and upon which my analyses are based at that time.
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* From time to time, I will add updated market information and charts to some of my articles, so it's worth checking back here occasionally for the latest analyses.

DISCLAIMER: All the information contained within my posts are my opinions only and none of it may be construed as financial or trading advice...

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*** Click here for link to Economic Calendars for all upcoming events

Wednesday, December 18, 2019

Nancy's Lump Of Coal For Americans

* See UPDATES below...



What are voters asking?...


How do they feel?...

Source: FoxNews.com

GOP House Leader McCarthy's Resolution on Democrat Congressional abuse of power...





N.B. President Trump's impeachment letter to Congress can be read at this link.



N.B.
  • Both Articles of Impeachment of President Trump were passed by a majority of Democrats today in the House of Representatives
  • No Republicans voted "YES"...they all voted "NO."
  • 2 Democrats voted "NO" on one Article and 3 Democrats voted "NO" on the other Article.
  • So, the only Bi-partisan impeachment vote today was on the "NO" side for both Articles of Impeachment in the House of Representatives. 
  • The timing of the Senate trial has yet to be announced.

The legacy of the Democrats will forever be burdened by their unfair and unconstitutional political "hit job" against President Trump and his 63 million voters.

It was a farce, their Articles of Impeachment were nonsensical, and they made a mockery of the impeachment process, as well as due process and justice, for all the world to witness...and weakened their standing among world leaders as a result.

They, furthermore, have enabled and emboldened the leaders of the countries that are America's enemies, such as Iran, North Korea, Russia and China to continue with their nefarious activities that are at odds with America's security and national interest.


And, don't forget this one...


Congratulations, Nancy, you've torn the country apart on baseless and false accusations for purely political gains and weakened it in the process. You've deemed, not only Trump as naughty, but his 63 million voters, as well. Hence, you've delivered them their lump of coal in time for Christmas, just as you promised before the impeachment inquiry and hearings ever began.


An incredible Congressional abuse of power has been performed by House Speaker Nancy Pelosi and House Democrats and a dangerous (low-standard) precedent for future impeachments has been set!

Their legacy has been written. 


Source: NYTimes.com



* UPDATE December 19...

Democrat House Speaker Nancy Pelosi is now threatening to hold off sending their Articles of Impeachment to the Senate because she wants to first approve their trial process. I believe that is unconstitutional, based on what I'm reading. Besides, the Senate did not have the right to tell the House how to conduct its impeachment hearings, so why does she think she has such a right!


Click this link to view video









"A Constitutional extortion mechanism"...

Click this link to view video

So, impeached or not impeached?...or "impeachment lite?"...

Source: FoxNews.com

Source: GatestoneInstitute.org

It seems like Democrats are unsure whether they have a bona fide impeachment case to present to the Senate for a trial...


And, so on and on they, with a little help from their friends, stir the pot...trying to conjure up the perfect brew...hoping for a magic cure to what ails them...


Chameleon Pelosi has invented many roles for herself...from Democrat Speaker of the House...to Senate Majority Leader-wannabe...to, now, the Grinch who stole free speech!


"Prayerful & Solemn Nancy," indeed! 👀



* UPDATE December 22...

Watch this explosive interview today by Fox News Mark Levin of former Circuit Judge, Solicitor General, and Independent Counsel Ken Starr regarding the House Democrats' impeachment process of President Trump.

Click this link to access the video
(and login to your service provider to watch)

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* UPDATE January 18, 2020...


Now that the House finally delivered their Two Articles of Impeachment to the Senate this past week (or, as more aptly stated, "foisted" them upon the Senate), and the Senate will begin their trial on Tuesday, it seems to me that any trial would be cut and dry.


In other words, the House has dealt its hand (the formal Impeachment document) and the Senate should play their own hand in dealing with it by simply considering the "Four Corners of the Document"...just like Special Counsel Robert Mueller did in his testimony before Congress when he defended his report on Trump-Russia collusion last year.

At the most, the Senate should allow the House team managers to present their case, and the President's legal team to present their defence (including the phone transcript between the President and the Ukrainian President)...then take a vote on whether to convict or acquit...PERIOD.

Forget allowing any witnesses and more last-minute unvetted/uncorroborated documents that weren't included in the House's impeachment investigation, as they'd be irrelevant to the formal Impeachment document at hand ("Four Corners of the Document") ...PERIOD.

If the House failed to present constitutional grounds on which to impeach the President, based on their own investigation and as described in their own formal Impeachment document ("Four Corners of the Document"), then acquit the President and get back to work!

The Editorial Board of the Wall Street Journal has made a similar argument, but have stated it more eloquently, here.

Source: wsj.com

President Trump's response to the House Articles of Impeachment was issued today...


* UPDATE January 20...


* UPDATE January 21...

Source: abcnews.go.com

* UPDATE January 22...


How Democrat Trial Managers are preparing for the Senate trial...


For a reminder of what transpired in these two cases, I've written extensively on them here (Supreme Court Justice Kavanaugh) and here (Russiagate).