H L Quist - The Myth Buster

Our FEATURE today is the entire Program. I've tried to articulate my overview of our Country's current and future situation in 3 sectors: POLITICAL, SOCIAL & ECONOMIC. I speculate that Bernie Sanders and his "Democratic Socialism" will win the Democratic nomination for President and conceivably win the general election. It's not an absurdity. It is highly probable. The Mueller Report has backfired on the LEFT and exposed a complicit FBI. Socially, "SEATTLE IS DYING" is a video exposing Radical Progressivism in contemporary America oblivious to almost all Americans. It's a microcosm of what is to  come with open borders. The "STRONG ECONOMY" constantly portrayed by Pres Trump is an illusion which will not be supported by factual underlying data in the near future. New all-time highs in all the indices should be interpreted as a sell signal. Despite all the chaos and negativity that surrounds all of us there is HOPE. There will be a Revolution II in America. The New World Order Socialists will be defeated and FREEDOM will prevail again. Thank you for your loyalty and contribution. "Disclaimer: This commentary is provided for informational and educational purposes only. The information, analysis and opinions expressed herein reflect our judgment as of this date and are subject to change at any time without notice. They are not intended to constitute legal, tax, securities or investment advice or a recommended course of action in any given situation. All investments carry a certain risk and there is no assurance that an investment will provide positive performance over any period of time. Information obtained from third party resources are believed to be reliable but not guaranteed. Past performance is not indicative of future results. H. L. Quist is an Investment Advisor Representative."

Our FEATURE today focuses on the long awaited Mueller Report, which despite being disappointing to the LEFT, exposes the media and our spy agencies "that got it so wrong for so long". Most disconcerting was John Brennan,s (Ex Director of the CIA) claim that Mr Trump's behavior was "nothing short of treasonous". Brennan  also went on to say that was his view as an "intelligence professional" and he didn't regret saying it. A Wall ST Journal article dated 03/26/19 by Sean Davis was titled "A Catastrophic Media Failure" which illuminates and validates  Trump's claim of "fake news". CNN "The Most Trusted Name In News" reported that Trump had the Wikileaks documents before they were available to the public which was a mega misrepresentation of fact that could have easily been discovered with due diligence. In an attempt to save face and reputation the LEFT is now accusing William Barr (Attorney General) of a "cover-up" and he is lying to Congress. It would be justifiable irony if the Report would backfire on the LEFT again. Other topics include: "The S&P 500 Off To It's Best Start Since 1998", The Counterintuitive facts, "Blowing Up The Border", European banks in deep doo doo, Europe at the Crossroads, Bit Coin up 22%, Real Estate overview, Retirees & debt, Hoover-Truman-Eisenhower & "rethinking Marxism". "Disclaimer: This commentary is provided for informational and educational purposes only. The information, analysis and opinions expressed herein reflect our judgment as of this date and are subject to change at any time without notice. They are not intended to constitute legal, tax, securities or investment advice or a recommended course of action in any given situation. All investments carry a certain risk and there is no assurance that an investment will provide positive performance over any period of time. Information obtained from third party resources are believed to be reliable but not guaranteed. Past performance is not indicative of future results. H. L. Quist is an Investment Advisor Representative."

Our FEATURE today focuses on the global equity markets and the economy. We cite a major US economist Martin Feldstein who wrote a feature article this past weekend in the Wall St Journal titled "THE DEBT CRISIS IS COMING SOON" as well as 3 other analysts and journalists that voice a similar opinion. Dr David Eifrig of Stansberry & Associates says we're headed for a "Train Wreck". Justin Lahart of the WSJ says corporate "profit margins are getting squeezed". David Leonhardt of the NY Times cites a number of sources that bolster the left's desire to see the Republican economy tank prior to the election. Dr Eifrig's message is aimed at those nearing or at retirement who do not have the luxury of time to restore their equity portfolio. Other topics include: "FED SLOWDOWN SIGNAL HITS STOCKS",  DOW & S&P break 200 day moving average, 7 million auto buyers 90 days or more past due on loans, Gold rallies, Palladium is a sell, Who's to blame for the trade deficit? , Dem's seismic changes, "WHY NEW YORKERS FLEE TO FLORIDA, The Midwestern floods and massive water in the west looming large. "Disclaimer: This commentary is provided for informational and educational purposes only. The information, analysis and opinions expressed herein reflect our judgment as of this date and are subject to change at any time without notice. They are not intended to constitute legal, tax, securities or investment advice or a recommended course of action in any given situation. All investments carry a certain risk and there is no assurance that an investment will provide positive performance over any period of time. Information obtained from third party resources are believed to be reliable but not guaranteed. Past performance is not indicative of future results. H. L. Quist is an Investment Advisor Representative."

The FEATURE this week is taken from Porter Stansberry's book, THE AMERICAN JUBILEE IS CLOSER THAN YOU THINK which cites the Biblical reference to the forgiveness of debt every 49 years or so in order to avoid an overthrow of an existing government by an indebted population. This event is timely in America because our Federal debt and personal debt has grown greater than ever in the past 10 years than in the past 231 years. Student loans alone for 44 million borrowers now exceeds $1.5 trillion and there are 3,000 defaults/day. The Government is not only ineffective in dealing with the problem, it helped create it. Hopelessness amongst the poor is already causing riots which will only grow with the promotion by Progressives for political gain. We also cover the possibility that the Federal Reserve may announce next week that the US will adopt and phase in a digital US dollar and begin calling in all $100 bills. Other topics include: "Has China made major concessions to settle the trade and tariff dispute"?, The Tax surprise, Wells Fargo still doesn't get it, VPLM US Fed Court decision next week, Apple loses infringement case vs Qualcomm, The College Entrance scheme, Justice Democrats and their puppets and The End of Global Warming-The floods are coming! "Disclaimer: This commentary is provided for informational and educational purposes only. The information, analysis and opinions expressed herein reflect our judgment as of this date and are subject to change at any time without notice. They are not intended to constitute legal, tax, securities or investment advice or a recommended course of action in any given situation. All investments carry a certain risk and there is no assurance that an investment will provide positive performance over any period of time. Information obtained from third party resources are believed to be reliable but not guaranteed. Past performance is not indicative of future results. H. L. Quist is an Investment Advisor Representative."

Our FEATURE today is taken from Peggy Noonan's piece in the March 9th edition of the Wall St Journal titled "GET READY FOR THE STRUGGLES SESSION". Most Americans are offended by the words and actions of the far left as they attack everything that they don't agree with but haven't connected the dots. Peggy says, "In America, and even more on Twitter, there's a whiff of China's revolution in the air". Mao Zedong enlisted and unleashed millions of college and high school students to weed out his enemies to complete his "Cultural Revolution". The air is full of accusation and humiliation to silence any position that the left doesn't support. She labels Twitter subscribers as "social justice warriors" who are determined to change America. Other topics include: CELEBRATE: The 10th Anniversary of the Bull Market", The 20,000 new jobs report refutes the current narrative, Trade deficit hits $891 Billion in 2018, Budget deficit hits $ 1 trillion in 2018, The Modern Monetary Theory is fallacious, Government agencies blow $97 Billion in a month on ?, Soros silences his critics and HR#1 is F...The People Act. "Disclaimer: This commentary is provided for informational and educational purposes only. The information, analysis and opinions expressed herein reflect our judgment as of this date and are subject to change at any time without notice. They are not intended to constitute legal, tax, securities or investment advice or a recommended course of action in any given situation. All investments carry a certain risk and there is no assurance that an investment will provide positive performance over any period of time. Information obtained from third party resources are believed to be reliable but not guaranteed. Past performance is not indicative of future results. H. L. Quist is an Investment Advisor Representative."

Our FEATURE today focuses on a 5 page report in the Wall St Journal that spells out in great and informative detail the current status of jobs in America. Unknown to most, the US economy has added additional jobs for 100 consecutive months or a total of 3,045 days! Unemployment is the lowest in 49 years. Surprisingly, the largest gains in employment and earnings increases is amongst minorities which doesn't fit the narrative of the left. Bottom line, the report demonstrates that the US is experiencing the "best of times". What could go wrong? Historically, our economy can not experience a long term period of very low unemployment, low interest rates, increasing wages and robust consumer spending without a significant increase in inflation which is a TAX on our citizens. The Bureau of Labor Statistics, a government agency, tells us that the Consumer Price Index(CPI) is less than 2%. Common sense and our buying experience tells us that it is much higher but constant political manipulation of data misleads the US consumer and investor. Other topics include: "Solid Growth Caps a Robust Year", 4th Quarter GDP was +2.6%, US stock indices gained $5 trillion in value since Christmas, Oil + 25% in 2019, China hits a WALL of debt, "An Eerie Calm" hovers over US markets, NASA reports on global cooling, CIA whistle blower tells of Trump Coup d' Etat and AOC discredits the left. "Disclaimer: This commentary is provided for informational and educational purposes only. The information, analysis and opinions expressed herein reflect our judgment as of this date and are subject to change at any time without notice. They are not intended to constitute legal, tax, securities or investment advice or a recommended course of action in any given situation. All investments carry a certain risk and there is no assurance that an investment will provide positive performance over any period of time. Information obtained from third party resources are believed to be reliable but not guaranteed. Past performance is not indicative of future results. H. L. Quist is an Investment Advisor Representative."

Our FEATURE today injects a bit of humor into a topic that looms large given recent weather events that are such an anomaly that they offer a rebuttal to the Global Warming alarmists. We've discussed with you the fact that magnetic north has dramatically changed its' position 34 miles in the past year and over 1400 miles since 1851 and now is located in Siberia. No one seems interested in investigating what impact this event might have in current weather events. Specifically, the massive cold front that caused 50' to 60' waves in Hawaii as well as snowfall in the mountains where no snowfall has ever been recorded. Did that front originate in Siberia and not the Gulf of Alaska? The City of Flagstaff, Az recorded 40" of snow in one day this week, an all-time record. Could record snowfall in the Rockies have a significant positive impact to mitigate the dangerously low level of water in Lake Meade? In the interim Arizonans should enjoy a green desert and an abundance of beautiful wild flowers. Other topics include: "Again, The Fed Seems Oblivious To A Crisis, The Federal Reserve Seldom Sees The Iceberg Until The Ship Crashes Into It, Baltic Dry Index  plunges, Stocks set torrid pace to open year, Negative yields deepen in Europe, Seeking safety investors buy gold, Trump, Xi  face pressure at home,,Andrew McCabe discredits himself, Arizona welcome mat, Omar raises money in US for terrorists & 1000 planes and no airport. "Disclaimer: This commentary is provided for informational and educational purposes only. The information, analysis and opinions expressed herein reflect our judgment as of this date and are subject to change at any time without notice. They are not intended to constitute legal, tax, securities or investment advice or a recommended course of action in any given situation. All investments carry a certain risk and there is no assurance that an investment will provide positive performance over any period of time. Information obtained from third party resources are believed to be reliable but not guaranteed. Past performance is not indicative of future results. H. L. Quist is an Investment Advisor Representative."

Our FEATURE today focuses on a recent revelation by former FBI Deputy Director Andrew McCabe that he was present at a Justice Dept meeting where the possible removal of Pres Trump using the 25th Amendment was discussed. Dershowwitz was quoted as saying, "Any Justice dept official who even mentioned in the context Pres Trump has committed a grievous offense against the Constitution". Any standing president could be removed from office if under the 25th Amendment if he was unable to discharge his duties. We utilize this event to discuss the existence of a well organized CABAL within the US Government that currently has the power to carry out such an act and has "purged" incriminating evidence that would open Pandora's box. Specifically we expose US Attorney Lisa Barsoomian who is the wife of Assis't AG Rod Rosenstein and could be a key to any probe the would "connect the dots". Other topics include: "Nasdaq Climbs in a New Bull Run", "Industrials Lead Market For 1st Time in Years", Oil & USD rise, National Debt Tops $22 Trillion, Apple Sr  Director of Law terminated and accused of insider trading, (The Apple is Rotten), VPLM's game changer?, The "Nit Witt", The Choo-Choo that couldn't, The "whining team" in Phx, Anti-Semitism in Congress and True Character revealed. "Disclaimer: This commentary is provided for informational and educational purposes only. The information, analysis and opinions expressed herein reflect our judgment as of this date and are subject to change at any time without notice. They are not intended to constitute legal, tax, securities or investment advice or a recommended course of action in any given situation. All investments carry a certain risk and there is no assurance that an investment will provide positive performance over any period of time. Information obtained from third party resources are believed to be reliable but not guaranteed. Past performance is not indicative of future results. H. L. Quist is an Investment Advisor Representative."

Our FEATURE today utilizes an article in the January 29th edition of Barron's Magazine which uses a song from 1971 written by Alvin Lee titled "I'd Love to Change the World" which connotes the coming Socialist movement in America. For the first time in US history there will proposed by Elizabeth Warren a tax on capital. For those who have assets of $50 million or more there will be a wealth tax of 2%; for those with assets of $1 billion or more the tax rate will be 3%. Warren is also proposing that the Federal Government play a role in corporate governance of public companies which will undermine capitalism and the equity markets. Alexandria Ocasio-Cortez (AOC), the 29 year year old committed Socialist will propose a marginal income tax rate of 70% for those who have income in excess of $10 million as well as a New Green Deal which will make it mandatory that the US be carbon neutral in 10 years. The Left also intends to replace Pres Trump in 2020. This group has momentum and money and can "change the world". Other topics include: "China Concerns Loom Over Stocks", "Strong Earnings Boost S&P 500", "Bonds Signal Warning For Stocks","Dealers Are Loaded With Unsold Cars", World Economic Forum revisited, VPLM, The north pole is moving!, The State of the Union Address and The New Government Agenda. "Disclaimer: This commentary is provided for informational and educational purposes only. The information, analysis and opinions expressed herein reflect our judgment as of this date and are subject to change at any time without notice. They are not intended to constitute legal, tax, securities or investment advice or a recommended course of action in any given situation. All investments carry a certain risk and there is no assurance that an investment will provide positive performance over any period of time. Information obtained from third party resources are believed to be reliable but not guaranteed. Past performance is not indicative of future results. H. L. Quist is an Investment Advisor Representative."

Our FEATURE today dissects the total student debt of $1.5 trillion into segments that the public has little knowledge but should have major concern. That is SENIOR student debt. A  front page feature in this weekend's WSJ indicates that seniors age 65 and over have accumulated $86 billion in student debt averaging $33,800/ loan. A large percentage of the debt is in guarantees for their children on Parent Plus Loans. What most citizens don't realize is that these loans can't be discharged in bankruptcy and the Federal Government has a practice of garnishing social security payments to pay the loans leaving many seniors destitute. When the next recession hits the US the DEBT BUBBLE will burst causing massive deflation and default in the US. Other topics include: "Record Jobs Powers On", "Did the Fed Jump the Gun?", The 1st phase of the V correction has been completed, Optimism for a China trade deal alters the market dynamics, Apple is now the "Privacy Protector"(How about the Patent Protector?), Judge Lucy Koh is on center stage in Silicon Valley, The US should destroy Huawei,  Fannie & Freddie's resurrection, Howard Schultz makes a non-caffeinated statement, VPLM's consultant's report this week, Pocahontas  apologizes, Marxism is about to die in Venezuela, The Drought Contingency Plan sucks Az dry. "Disclaimer: This commentary is provided for informational and educational purposes only. The information, analysis and opinions expressed herein reflect our judgment as of this date and are subject to change at any time without notice. They are not intended to constitute legal, tax, securities or investment advice or a recommended course of action in any given situation. All investments carry a certain risk and there is no assurance that an investment will provide positive performance over any period of time. Information obtained from third party resources are believed to be reliable but not guaranteed. Past performance is not indicative of future results. H. L. Quist is an Investment Advisor Representative."

Today's FEATURE focuses on Roger McNamee's cover article in the Jan 28th edition of TIME Magazine. He is quoted as saying "I helped create this mess. Here's how to fix it." We  outline the 7 topics that the author fully develops that are essential to reforming social media that is out of control. McNamee, a FB shareholder and a close associate of Zuckerberg and Sandberg says in his opening remarks, " Recently, Facebook has done some things that are truly horrible, and I can no longer excuse its' behavior". It is apparent to us that there could be existing, unexploited technology that could be applicable to solve some of the issues outlined here. Other topics include: The equity market's conundrums, The FED decides not to reduce its' balance sheet, The Freight boom ends, Gold tops $1300/oz, Liar loans reappear while conventionals decline, Beware of the Ides of March, Kilroy is here again as a REIT, PALL zooms to $1,348/oz, A tribute to Jack Bogle, The World Economic Forum, The Shutdown ends for 3 weeks and It only took 3 weeks for ISIS to come to power in Minnesota. "Disclaimer: This commentary is provided for informational and educational purposes only. The information, analysis and opinions expressed herein reflect our judgment as of this date and are subject to change at any time without notice. They are not intended to constitute legal, tax, securities or investment advice or a recommended course of action in any given situation. All investments carry a certain risk and there is no assurance that an investment will provide positive performance over any period of time. Information obtained from third party resources are believed to be reliable but not guaranteed. Past performance is not indicative of future results. H. L. Quist is an Investment Advisor Representative."

Our FEATURE today focuses on the critical social, political and economic condition that is the present state of California. Hal Bray, a Bay Area resident writing in the California Political News and Views  cites a poll conducted by  the Bay Area Council in June 2018 that 46% of Bay Area residents are planning to leave California. Bray writes "The Progressive Culture has turned the State into a filthy, debt-ridden, congested  3rd world country with high taxes, high crime and the highest housing costs in the US." We detail the facts in the report which forecasts the soon to occur bankruptcy of the state. Californians did it to themselves so what's the big deal? In 2016  Californians passed the Voters Choice Act which allows for the "harvesting of votes". In 2018 13 million mail-in voting forms were mailed to unsolicited residents in California. Those mailings were followed up by predominately Progressive activists who then returned the ballots to be counted. Several Republican candidates who had substantial margins on Nov 6th suddenly lost their leads by a huge majority. NOW the Progressives have introduced HR 1 to the House of Representatives to replicate this law in all 49 additional states! The result will be the CALIFORNICATION of America. Other topics include; The Bankruptcy of PG&E, "Stocks Rise As Fears Subside", V Curve looks promising, The 70% Tax Rate, Debt Denial & the New Monetary Theory, Don't Let The Old Man In!, "Money in the Wrong Hands"and UTAH, the best economy in the US. "Disclaimer: This commentary is provided for informational and educational purposes only. The information, analysis and opinions expressed herein reflect our judgment as of this date and are subject to change at any time without notice. They are not intended to constitute legal, tax, securities or investment advice or a recommended course of action in any given situation. All investments carry a certain risk and there is no assurance that an investment will provide positive performance over any period of time. Information obtained from third party resources are believed to be reliable but not guaranteed. Past performance is not indicative of future results. H. L. Quist is an Investment Advisor Representative."

Our FEATURE today reveals, as we restate our forecasts made for 2018, how prophetically fortunate we were with our forecasts. We said the EQUITY MARKETS would continue the boom in the first half of the year but face headwinds in the second. Our recommendation to take some profits off the table were timely. For REAL ESTATE, we suggested that low tax states such as Nevada would enjoy a continued boom and that Realtors should market Arizona property to California residents..We projected that the GDP would top 4% during the year but the Debt Bubble would balloon out of control. The Bit Coin bubble was a no brainer as we liquidated our position while it crashed as 2018 began. We said TECHNOLOGY would be the big story of the year revealing its' ruthless power,objectionable content and invasion of privacy. Our most meaningful forecast for 2018 was the collapse of Apple's share price and tech shares in general. We effectively outlined Trump's "America First" philosophy vs David Rockefeller's New World Order Deep State and the tribal warfare that would dominate 2018 and beyond. In the world of golf even after a disastrous start in 2018 we struck a long(shot) predicting that Tiger Woods would revive the sport of golf and win at least one tournament but NOT a major. He will win another major soon but he won't break Nicklaus' record. "Disclaimer: This commentary is provided for informational and educational purposes only. The information, analysis and opinions expressed herein reflect our judgment as of this date and are subject to change at any time without notice. They are not intended to constitute legal, tax, securities or investment advice or a recommended course of action in any given situation. All investments carry a certain risk and there is no assurance that an investment will provide positive performance over any period of time. Information obtained from third party resources are believed to be reliable but not guaranteed. Past performance is not indicative of future results. H. L. Quist is an Investment Advisor Representative."

The focus of our FEATURE today is the spectacular collapse of Apple's stock price in the past 90 days. Last summer when Apple, Inc and analysts were boasting about the Company achieving a trillion dollars in market cap and was the world's largest enterprise, THE MYTH BUSTER boldly declared that "The Core of the Apple was Rotten" and contrary to its' public persona a black cloud was on the horizon. On 08/05 2018 TMB asked "HOW WAS APPLE ABLE TO REACH ONE TRILLION IN MARKET CAP?"(Taken from a Wall St Journal article dated August 2). This article reinforced our position taken in June. We absorbed considerable heat from Apple supporters who said TMB was "nuts" and more defamatory comments. Apple's hubris and arrogance has opened the door to an investigation of its' market practices and statements to the media and analysts. Other topics include: "Jobs Data, Fed Shift Boost Markets", A V correction?, 2 Yr & 10 Yr T-Notes come together, The World's growing debt, Helicopter money, US consumer debt hit $4 trillion and no fear, New product for 1st time home buyers, Car sales, Trump's exit strategy, Sweet-talking mother f...... and Crypto currency revival? "Disclaimer: This commentary is provided for informational and educational purposes only. The information, analysis and opinions expressed herein reflect our judgment as of this date and are subject to change at any time without notice. They are not intended to constitute legal, tax, securities or investment advice or a recommended course of action in any given situation. All investments carry a certain risk and there is no assurance that an investment will provide positive performance over any period of time. Information obtained from third party resources are believed to be reliable but not guaranteed. Past performance is not indicative of future results. H. L. Quist is an Investment Advisor Representative."

Our FEATURE today focuses on the barrage of well-funded progressive organizations that will join together in just a matter of weeks to DESTROY the Trump Administration. Our super reliable source is Kimberley Strassel whose article in the Wall St Journal on Dec. 28th reveals all the patriotic sounding group names like Democracy Forward, American Oversight, Fix the Court, Restore the Public Trust and many more whose sole purpose is to remove Donald Trump from office. Most listeners don't realize is that most of these groups are 501 (c) 3 tax exempt organizations who DO NOT have to reveal the names of their donors. DARK MONEY! DEEP STATE! This all-consuming rancor will be at the expense of the "public's business". Little will  be accomplished to move the country forward. Other topics include: DOW logs the biggest daily point gain, The beginning of a "V" correction?, The conflicting & contradicting news on Real Estate, The US dollar takes a hit, Is there a "Black Swan" event ahead in 2019?, The Plunge Protection Team at work, "How Much Does Congress Owe Social Security?", Jim Rickard's 12/31 deadline for the US dollar and The International Trade Commission's attack on Apple's cavalier conduct and patent infringement. "Disclaimer: This commentary is provided for informational and educational purposes only. The information, analysis and opinions expressed herein reflect our judgment as of this date and are subject to change at any time without notice. They are not intended to constitute legal, tax, securities or investment advice or a recommended course of action in any given situation. All investments carry a certain risk and there is no assurance that an investment will provide positive performance over any period of time. Information obtained from third party resources are believed to be reliable but not guaranteed. Past performance is not indicative of future results. H. L. Quist is an Investment Advisor Representative."

Our FEATURE today focuses our last 6 month's PODCASTS with the intent to refresh in the minds of all listeners our emphasis on the major changes that were about to occur in the equity markets that were contrary to popular thinking. After a major market sell-off it's quite common for analysts, advisors and market mavens to publicize that they advised their listeners in advance of a "crash" or change in the market dynamics when ,in fact, they didn't. Hindsight is 20/20 but we pride ourselves in taking a contrarian and often unpopular view in order that our listeners can make the necessary  adjustments to preserve capital. Reflect for a moment on one of the nation's largest pension funds that was about $100 billion underfunded prior to this sell-off and made the decision last summer to borrow a large sum to invest in the market in hopes of restoring the employee's retirement funds. Other topics include: Stocks cap worst week since 2008, From "Giddy to Gloomy", Rick Santelli (CNBC) "never ignore double or triple bottoms", "Rising Rates Were Supposed To Help Banks", Crude settles below $50, Gold, Copper, Corn could lead commodities in 2019, Germany squeezes Apple, Huawei Tech gets banking freeze, VPLM wins on several fronts, President Mike Pence, Savage Nation gets silenced and 1970's Earth Day,s Apocalyptic Predictions. "Disclaimer: This commentary is provided for informational and educational purposes only. The information, analysis and opinions expressed herein reflect our judgment as of this date and are subject to change at any time without notice. They are not intended to constitute legal, tax, securities or investment advice or a recommended course of action in any given situation. All investments carry a certain risk and there is no assurance that an investment will provide positive performance over any period of time. Information obtained from third party resources are believed to be reliable but not guaranteed. Past performance is not indicative of future results. H. L. Quist is an Investment Advisor Representative."

Our FEATURE today focuses on one of our nations most critical markets--Housing. It appears from major sources, such as the Wall St Journal, that there has been a sudden change in the US housing market that bears immediate attention since it impacts so many Americans. The Wall St Journal reported on 12/14/18 that the Las Vegas metropolitan area, which had reported a sharp rise in housing values early in 2018, has suddenly reported a surge in inventory listed for sale. The Las Vegas Association of Realtors reported that sales of existing homes declined 12% in November and they were experiencing a panic in existing listings headlining "Reduction, Reduction, Reduction". Our experience tells us that specific "hot" areas often forecast an emerging trend. For example, we personally witnessed the beginning of panic selling in Ft Meyers in Florida in May 2006--well over a year before the housing crash in the remainder of the US. Other topics include: 50% of US CFOs predict a recession in 2019-80% in 2020, 3 & 5 year T-Notes are inverting over long-term debt, Global slowdown appears evident, Triple bottom breached in all 3 indices, Debt market succumbs to market doom, Commodity prices plunge, Other US presidents who instituted tariffs, Ca to tax text messages, Breaking the back of OPEC, Hi Ho Silver away!, Apple infringes in China and is forced to stop some sales, VPLM / IMHO, FBI labels China a SEVERE security risk, Mueller gets his due and Can't bank on banking. "Disclaimer: This commentary is provided for informational and educational purposes only. The information, analysis and opinions expressed herein reflect our judgment as of this date and are subject to change at any time without notice. They are not intended to constitute legal, tax, securities or investment advice or a recommended course of action in any given situation. All investments carry a certain risk and there is no assurance that an investment will provide positive performance over any period of time. Information obtained from third party resources are believed to be reliable but not guaranteed. Past performance is not indicative of future results. H. L. Quist is an Investment Advisor Representative."

Our FEATURE this week focuses on the financial markets as we have done the past 3 weeks. A very unusual and technically significant trading pattern has evolved. The charts illustrate that there is a triple top & a triple bottom that is almost symmetrical with a slight bias to descending tops or what is referred to as a descending triangle. Speaking to a radio station in Newark NJ early this morning I suggested that the charts resembled a mouth of a shark and the vertical & up & down lines  appeared to be the teeth. A predator was indeed lurking. All the bottom support numbers will be challenged this week. We believe support will be broken and the markets will go lower but hopefully we'll be wrong or just early. Other topics include: France's 2nd Revolution, Investor sentiment change from TINA to TIRA, NY Fed sees higher interest rates, Banks are the biggest S&P loser, Wells Fargo loses another wheel on its' stagecoach, Hidden risk in bank safeguards, Facebook's "hard-nosed tactics" exposed, George Herbert Walker Bush's "Secret Society" not eulogized, The Washington DC sex scandal exposed, "I know where all the bodies are" and our recollections of the most infamous day in history. "Disclaimer: This commentary is provided for informational and educational purposes only. The information, analysis and opinions expressed herein reflect our judgment as of this date and are subject to change at any time without notice. They are not intended to constitute legal, tax, securities or investment advice or a recommended course of action in any given situation. All investments carry a certain risk and there is no assurance that an investment will provide positive performance over any period of time. Information obtained from third party resources are believed to be reliable but not guaranteed. Past performance is not indicative of future results. H. L. Quist is an Investment Advisor Representative."

A TRAP HAS BEEN SET! DESCRIPTION: Our FEATURE today focuses on the US stock market since there was a substantial rally in all the indices at the end of last week. From early October when the markets reached all-time highs we've experienced incredible volatility. By the end of October all the US markets experienced a major sell-off  over 10%. A rally ensued in early November that reached close to the all-time highs only to experience another sharp decline to near its' October bottom. An almost perfect DOUBLE BOTTOM (DB) was reached setting up a critical phase on a technical basis. Last week's sharp rally avoided a breach of the DB and now the indices are targeting a TRIPLE TOP! We discuss what caused the rally? Is it sustainable? And, do the fundamentals signal further gains or a crash? Other topics include:The BUY NOW mantra, A bonafide rally and a bonafide bust, Fed fears debt risks, The gold short covering rally, The plan to destroy the US dollar by 12/31/18, German police raid  Duetsche Bank & FBI raids The Clinton Foundation, Jack Ma is a Commie, Apple  monopoly case hits SCOTUS,The UN Migration Plan,Soros leaves Turkey, Conservatism Isn't Dead Yet, and It's Not The Economy Stupid. "Disclaimer: This commentary is provided for informational and educational purposes only. The information, analysis and opinions expressed herein reflect our judgment as of this date and are subject to change at any time without notice. They are not intended to constitute legal, tax, securities or investment advice or a recommended course of action in any given situation. All investments carry a certain risk and there is no assurance that an investment will provide positive performance over any period of time. Information obtained from third party resources are believed to be reliable but not guaranteed. Past performance is not indicative of future results. H. L. Quist is an Investment Advisor Representative."

Our FEATURE today focuses on the US equity markets which are exhibiting all the signs of being on the cusp of a bear market. We examine a number of past major bear markets and the aftermath. Of significance, did a Recession follow the event? Black Monday in October 1987 is quite meaningful. The DOW suffered a 22.5% loss that Monday which still remains as the largest one day decline in US market history and continued to drop almost 40% from its' historical high. Re-markedly the equity markets rallied on a consistent basis thereafter and there wasn't a Recession. The 2008 market collapse, in contrast, preceded a severe Recession that lasted for several years. Our attention focuses on the current market and the economy and what events could curtail or limit an economic downturn. Other topics include: "Oil rout casts a pall over US markets", Steel tariffs hit major projects, "Trump's frustration with Mnuchin", Small mortgage firms downsize and quit, Trump plays Chinese checkers, US dollar rallies, VPLM update, The most deplorable and dangerous man in America demands a petition to deport and Catch & Release is no longer US migrant policy. "Disclaimer: This commentary is provided for informational and educational purposes only. The information, analysis and opinions expressed herein reflect our judgment as of this date and are subject to change at any time without notice. They are not intended to constitute legal, tax, securities or investment advice or a recommended course of action in any given situation. All investments carry a certain risk and there is no assurance that an investment will provide positive performance over any period of time. Information obtained from third party resources are believed to be reliable but not guaranteed. Past performance is not indicative of future results. H. L. Quist is an Investment Advisor Representative."