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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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* 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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 UPCOMING (MAJOR) U.S. ECONOMIC EVENTS...

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Thursday, October 03, 2019

Political Editorial: Impeachment 101

* See UPDATES below...

The following is presented without prejudice.

Further to my various posts on the subject of impeaching President Trump, the following articles provide valuable information on the rules and past practices governing the impeachment process, itself...and whether they are being followed by Democrat House Speaker Nancy Pelosi, in order that the President be given a fair hearing, with full bi-partisan and legal representation, as well as full transparency for the benefit of all Americans, on such a serious matter...it seems not.

Source: thehill.com 

Source: wsj.com 


Click here to view Tweet



Meanwhile, the Balance of Power in the SPX lies with sellers, as it hangs precariously beneath a bearish double-top formation near all-time highs, as shown on the following weekly chart.

I've identified major support and resistance levels, as well as gauges to monitor, in my recent posts here and here.


* UPDATE October 5...

Paul Gigot of The Journal Editorial Report  interviews former US Attorney General Michael Mukasey in the following video clips...






* UPDATE October 6...


Fox News TV Life, Liberty & Levin host, Mark Levin, interviews former Federal Prosecutor and former Whitewater Independent Counsel Robert Ray...

Click here to watch video

N.B. By the way, inasmuch as Democrats have not held a formal vote to authorize an impeachment inquiry on the House floor, Republicans are barred from cross-examining witnesses and from calling their own to testify, as well as lack subpoena power. Furthermore, the President is unable to have legal counsel present in those testimonies.

As well, the public is being kept in the dark as to what the charges are against the President, and any testimony against him is being conducted in secret behind closed doors. But, some of it is being deliberately cherry-picked and systematically (and illegally) leaked to the public in misleading format and out of context.

I'm not a lawyer, but it seems to me that if this kind of ad-hoc shabby prosecution were attempted in a courtroom trial, the Democrats' behaviour and actions would be akin to withholding exculpatory evidence which the President's Counsel would, otherwise, be able to receive and present on his behalf...thereby opening the door for the declaration of a mistrial, as well as providing grounds for the judge to hold the Democrats in contempt of court, and possibly more misdeeds/offences, for such egregious conduct.

At the moment, Democrats are making a mockery of the U.S. Constitution and shredding the notion of due process and justice for all, thereby weakening the U.S. in the eyes of the rest of the world. Their vendetta to destroy and remove this President and the members of his administration by any means necessary is noteworthy...and the world is, no doubt, taking note.


* UPDATE October 8...

The White House has released this tweet...click this link to read their 8-page letter...


The following is an excerpt from that letter...