WEDNESDAY 2/18/15; Happy Lunar New Year; "Year of the Sheeple"; ISIS Genocidal Murder; Greece Bailout Drama; DUK; FLR; GRMN; H; Housing Starts; PPI (Producer Price Index); Industrial Production; FOMC Minutes; RUT and AAPL All-Time Highs; COMPQ 15-Year Record High; CAR; DENN; IPI; MAR; MRO; SUNE

China, Taiwan, South Korea and Vietnam markets are closed as the Lunar New Year celebrations begin. Malaysia and Singapore are closing early. The Chinese New Year welcomes the “Year of the Sheep” or more humorously the “Year of the Sheeple.” The NIKK and SPASX200 are each trading higher in the early going the 












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entire world accepts the religious militarism as a given with global leaders referring to the ISIS and other terrorist attacks as “Islamist radicalism.” The president refers to the assassinated Coptic (Egyptian) Christians as “Egyptian citizens” to water down the religious aspect of the Islamist radicalism. The president will be waiting a long time if he expects the world to join his softened-down “violent extremist” word games. The president will have to buckle and join the rest of the world in the fight against militant Islam.

President Obama desperately wants to avoid a legacy of creating a Holy War across the Middle East, northern Africa and around the world on his watch. Who would want to be associated with that in the history books? Especially since the president was given the Nobel Peace Prize. How ironic that the recipient of the peace prize has conducted the Libyan War and the ongoing war in Syria and Iraq dubbed Operation Inherent Resolve and now oversees the beginning of a global Holy War pitting Western culture (Christians and Jews) against radical Islam.