The economic magicians of pharaoh are at it again – U.S. stocks eke out gains despite weak earnings reports

Greetings,

The economic magicians of pharaoh are at it again – U.S. stocks eke out gains despite weak earnings reports

The economic magicians of pharaoh are at it again. The plunge protection team is sullying the markets with their magic tricks of manipulation. They recognize what is going on and know that the only thing keeping the markets propped is investor confidence which is kept up by fraud and deception.

This trick is one of their last ones. It is just about over for them and this they know. They can’t keep it propped up very much longer.

My beloved people, don’t fall victim to these tricks being put over on you by this devil…”I am afraid for you, that you will receive what the people before you did receive. Allah (God) is very angry with America and the tricknology that she uses on the dead to keep them dead. You are very disappointing to Allah (God) and to the original Black man who knows himself (a very few) of course.

The false show of a glorious future that the wicked is putting on is at hand. We must remember Daniel’s prophecy, that “at the end of the war desolations are determined.” But before this happens Allah (God) will bless the people with a good time, as He did the people of the past, who wronged themselves and who did not pay attention to the prophet’s warning among them. Allah (God) destroyed them. They thought that they were fooling Allah (God) but Allah (God) surprised them!

He made the people rejoice for a short time, with a show of great prosperity and at the height of their great prosperity suddenly, He destroyed them. This is the merciful law that Allah has put in nature.

Allah (God) lets a dying person rally before the end. America is going to do the same. America will rally and people will think that she is going to have a great future, and then the end will come in that kind of time.

America’s end will not come while she is going around with her head hanging down and with heart aching and failing because of the things that are coming on her nation. No, she will be made to enjoy good times.

The stock market, going up, and lots of shares being sold — this makes any man think that everything is all right. But, this is only “The Lull Before The Storm.”-Chp.49(tfoa)

U.S. stocks eke out gains despite weak earnings reports

(Xinhua) — U.S. stocks ended mildly higher Monday, as Wall Street pondered over downbeat quarterly earnings reports after China’s gross domestic product (GDP) data.

The Dow Jones Industrial Average rose 14.57 points, or 0.08 percent, to 17,230.54. The S&P 500 edged up 0.55 point, or 0.03 percent, to 2,033.66. The Nasdaq Composite Index added 18.78 points, or 0.38 percent, to 4,905.47.

Shares of Morgan Stanley tumbled 4.80 percent to 32.32 U.S. dollars apiece Monday following the release of its lackluster quarterly results.

The bank reported net income for the third quarter 2015 of 1.0 billion dollars on revenues of 7.8 billion dollars, compared with net income of 1.7 billion dollars on revenues of 8.9 billion dollars a year ago.

Hasbro Inc. shares slumped 7.01 percent to 72.33 dollars apiece Monday after the company delivered weaker-than-expected quarterly revenues.

The U.S. toy maker announced that its net revenues for the third quarter 2015 were 1.47 billion dollars, flat with 1.47 billion dollars in the same period of 2014.

Latest data from Thomson Reuters showed that S&P 500 companies’ blended earnings in the third quarter of 2015 are expected to decline 3.9 percent year on year, while revenue growth is forecast to decrease 3.7 percent.

On the economic front, U.S. Builder confidence in the market for newly constructed single-family homes rose 3 points in October to a level of 64, its highest since November 2005, according to the National Association of Home Builders/Wells Fargo Housing Market Index released Monday.

Overseas, China’s economy posted a 6.9-percent growth year on year in the third quarter of 2015, lower than 7 percent in the first half of the year, the National Bureau of Statistics announced Monday.

This is the first time the country’s quarterly growth rate has dropped under 7 percent since the second quarter of 2009.

Chinese shares benchmark Shanghai Composite Index edged down 0.14 percent to end at 3,386.7 points Monday following the release of the weak GDP figure.

European equities finished mixed on Monday as investors digested the latest economic figures out of China. Germany’s benchmark DAX index at Frankfurt Stock Exchange rose 0.59 percent, while British benchmark FTSE 100 Index fell 0.40 percent.

The CBOE Volatility Index, often referred to as Wall Street’s fear gauge, fell 0.47 percent to end at 14.98 Monday.

In other markets, oil prices dropped Monday as increasing U.S. dollar made the dollar-priced crude more expensive and less attractive for buyers holding other currencies.

The West Texas Intermediate for November delivery moved down 1.37 dollars to settle at 45.89 dollars a barrel on the New York Mercantile Exchange, while Brent crude for December delivery decreased 1.85 dollars to close at 48.61 dollars a barrel on the London ICE Futures Exchange.

The U.S. dollar increased against the euro on Monday as expectations for more stimulus in Eurozone accumulated before an European Central Bank (ECB) meeting scheduled later this week.

In late New York trading, the euro fell to 1.1326 dollars from 1.1374 dollars in the previous session, while the dollar bought 119.43 Japanese yen, higher than 119.40 yen of the previous session.

Gold futures on the COMEX division of the New York Mercantile Exchange fell Monday, with the most active gold contract for December delivery down 10.30 dollars, or 0.87 percent, to settle at 1,172.80 dollars per ounce.

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The economic magicians of pharaoh are at it again – U.S. stocks eke out gains despite weak earnings reports