Tuesday, August 20, 2019

Morning Charts 08/20/2019 SPX

Jackson Hole - remember the good ol days when the Fed would give you a clear road map to Xmas?  Moar QE or not.  Good times.  Let’s see what the post Bernanke supposedly post QE Fed has to deliver. BUT WAIT! Where will this fit into any announcements - the Fed will be used to take down Trump? WAIT! Who’s been discussing this off the chain conspiracy for over a year now? https://www.zerohedge.com/news/2019-08-19/former-cia-spook-fed-out-get-president-trump Y’all know STB loves being ahead of the curve.

I’m pretty sure I don’t have to address the Epstein farce with STB. Y’all get it, right?


On to the lie -

Markets at resistance in the middle of the massive consolidation range. Simple as that. ATH resistance above and abyss below. Be prepared for the worst. Diversification out of fiat is good.


More to come below.

Have a good day.

GL and GB!

Monday, August 19, 2019

Morning Charts 08:19/2019 SPX

Meh. What a shit show we got. If Trump does not get on with putting people away then, we lose and societal breakdown commences.


On to the lie -

Again, middle of a very large consolidation zone with ATHs at the top and the abyss at the bottom. Safe for now. Guess what has markets excited today - not that someone somewhere is ‘easing’  no way!  Rinse Repeat till there is no more.  Liquidity bitches. Fucking crock of shit these markets are. Distraction from reality they don’t want you to see.  Fucking LA is gonna be plague ridden in a few years - but the markets are just fine, move along.


More to come below.

Have a good day.

GL and GB!

Friday, August 16, 2019

Morning Charts 08/16/2019 SPX

Couple of twitter threads to share today to bring you up to speed on some of the more major corruption issues -

https://twitter.com/docrock1007/status/1161389152560177158?s=21

https://twitter.com/gregrubini/status/1162032906652585984?s=21

And my Twitter is here - https://twitter.com/neverherorhim/status/951414480516284416?s=21


On to the lie -

SPX and DOW are just under the midpoint of the extreme consolidation area. Could become resistance point and consolidate in the lower half (or the danger zone) of the whole. Bottom line is there are potential flashpoints everywhere. Most are political so no telling how the markets will react to those.


More to come below.

Have a good day.

GL and GB!

Thursday, August 15, 2019

Morning Charts 08/15/2019 SPX

There is just too much shit going on for me to cover. Here, pick your flavor in headlines and delivery. China, Epstein, Philadelphia, democrap lies, TDS, markets - it’s a damn free for all royal rumble cage match right now.

https://www.breitbart.com/

https://www.zerohedge.com/

https://conservativefighters.org/

https://www.oann.com/


On to the lie -

CHINA!!!  Nice 400 DOW point recovery this morning to stem the tide (possibly for now). https://www.zerohedge.com/news/2019-08-15/futures-suddenly-explode-higher-chinese-conciliatory-headline

It’s totally nuts out there right now. Keep your heads up and be ready for anything.  Remember IMO that everyone that went through 02 and 08 ain’t gonna stick around this time. They will be proactive and GTFO of the markets when they fall. It will be a stampede. How long till the talk of banning short selling comes back around?

More to come below.

Have a good day.

GL and GB! Remember IMO that

Wednesday, August 14, 2019

Morning Charts 08/14/2019 SPX

Epstein stuff is fun. The 4chan pre Post is not surprising.  Photos don’t match. Will Barr get it right? I’m positive no investigation ever will have this much in depth scrutiny.  https://conservativefighters.org/news/report-4chan-reported-details-of-epsteins-death-38-minutes-before-news-media-did/

CHINA!!! Watching closely. How the rest of the world reacts will be key.

Joe Rogan to moderate a presidential debate would be priceless. Let him have a democrap one. https://www.zerohedge.com/news/2019-08-13/petition-calls-joe-rogan-moderate-2020-president-debate


On to the lie -

Recession woes. Who’d a thunk it? LOL. https://www.zerohedge.com/news/2019-08-13/recession-alert-ust-2s10s-yield-curve-inverts-first-time-12-years  and https://www.zerohedge.com/news/2019-08-14/us-futures-european-stocks-tumble-amid-doom-and-gloom-signals-looming-recession

Futures set to give up all of yesterday’s gains. I’m still leaning to the really large consolidation area theory. That could get trumped by the use the markets to defeat Trump theory. Remain calm but have massive skepticism. The probability of downside over up is really high. They will take the market where they want it to go. Follow the Fed and watch major S/R lines carefully.


More to come below.

Have a good day.

GL and GB!

Tuesday, August 13, 2019

Morning Charts 08/13/2019 SPX

Fn Google wipes out my whole post again in draft mode. They don’t like me especially when I start discussing Orwellian issues and prepping. Not gonna remake it. Sorry. Read https://www.zerohedge.com/ and https://conservativefighters.org/ headlines.

Also this shit is funny as hell. Fredo the video if you have not seen it. https://www.breitbart.com/politics/2019/08/12/cnns-chris-cuomo-threatens-violence-after-man-calls-him-fredo-ill-fcking-throw-you-down-these-stairs/


On to the lie -

Prices drifting towards the lower end of the possible large consolidation zone. I totally get why everyone wants to freak out, but stay calm and watch support. Wild West action in this uncharted algorithm driven territory that the Fed manipulates (that’s a mouthful). Remember my favorite trade at these tops is to diversify some out of fake fiat into anything real or tangible (preferably gold and silver).

More to come below.

Have a good day.

GL and GB!

Monday, August 12, 2019

Morning Charts 08/12/2019 SPX

So, Epstein....yea, uh, ..... um ...... OK, sure. I don’t think you need my opinion on that IF he’s really dead. Let the Anons get after it first - https://www.zerohedge.com/news/2019-08-12/7-unanswered-questions-about-epsteins-death-mainstream-media-not-talking-about and this https://www.zerohedge.com/news/2019-08-10/jeffrey-epstein-dead-apparent-suicide

Nice to see #ClintonBodyCount trending finally. https://www.zerohedge.com/news/2019-08-11/complete-list-clinton-associates-who-allegedly-died-mysteriously-or-committed

CHINA!!! If they send the military into Hong Kong.... https://www.zerohedge.com/news/2019-08-12/global-times-shows-dramatic-video-chinese-army-preparing-hong-kong-invasion



On to the lie -

Remember the round numbers on SPX and DOW are the midpoint of what may be a large consolidation area.

More to come below.

Have a good day.

GL and GB!

Friday, August 9, 2019

Morning Charts 08/09/2019 SPX

I found this news website the other day. Give it a try. I have not verified them as reliable or truthful, but they are positive. At least they focus on the positive and not the negative. It’s refreshing in a way. https://conservativefighters.org/

All the other news is socialist crap or general government disinformation BS, so I’m not gonna be a conduit for that today.

We move LS1 into his dorm in Athens tomorrow. Momma is freakin out (putting it mildly). Gonna be one wild year with a freshman at UGA and LS2 a senior in high school.


On to the lie -

SPX and DOW are both now smack in the middle of what may be large consolidation areas. SPX has a 200 point range from 3025 down to 2825. DOW has a 1,000 point range from 27.3 to 26.3. It would be nice for them to be boxed in for a while. It’s  a big comphy box with lots of room.

More to come below.

Have a good day.

GL and GB!

Thursday, August 8, 2019

Morning Charts 8/8/2019 SPX

So if you are into extreme fake news and 2nd level conspiracy theories, like beyond AJ off the wall stuff, then according to MSNBC today 8/8 is Heil Hitler day. Trump is going to say something subliminal to release the White supremacist army to eradicate the blacks and Hispanics today! Ahhhh run for the hills. Hide the women and children. Folks, these people are the literal definition of bat shit crazy. TDS is real. Let’s just hope we can survive the next year and a half plus their reaction to another Trump victory. This is insanity https://www.breitbart.com/ Right now it looks like the left vitally needs a David Koresh or Jim Jones figure to lead them properly.


On to the lie -

I tweeted this last night - https://twitter.com/neverherorhim/status/1159258535533928450?s=21

Here we go again? “ Chicago Fed President Evans comments suggesting more easing and QE4EVA prompted some PPT-sponsored panic-bids in US equities.” #Rigged 

QE4EVA? PPT? Permanent backstop? Holy crap these markets are so rigged. The main thing to take here is LIQUIDITY. As Soup and I discussed maybe 6 years ago, when they stop or can’t provide liquidity it’s game over.

And we’re back to discussing asset confiscation - except this time before the crisis and not after. If y’all remember the good ol days when the Greek banks seized everything - ya, we’re entering that twilight zone again already. https://www.zerohedge.com/news/2019-08-07/will-they-take-all-your-money I’m pretty sure if your advisor discussed these laws with you compliance would have him/her fired on the spot.

Looking at the DOW - sitting at round number smack dab in the middle of a 1k consolidation area. They now have a 500 point buffer in either direction to toy/antagonize with. Enjoy!

More to come below.

Have a good day.

GL and GB!

Wednesday, August 7, 2019

Morning Charts 08/07/2019 SPX

Did you ever think it could get this whacked out? We’re like on one wheel on the third rail which makes no sense. It’s that bad.  Let’s just hope they can’t make it any worse than it is.

Read the Breitbart headlines, and then take three Advil (or medication or your choosing) to get rid of the headache. https://www.breitbart.com/ COMPLETE FUCKING INSANITY! Lies after more lies exposed with no repercussions.

Good vs evil - I’d lay good money that it’s biblical at this point.

Pentagon SPY BALLOONS over the USA? Nothing should surprise you now. https://www.zerohedge.com/news/2019-08-03/pentagons-next-dystopian-surveillance-exercise-will-launch-spy-balloons-over-these

Q and 8chan under severe attack. They don’t want us doing any sort of coordinated or mass research.

The good news is the left keeps trying to outleft itself doing insane amounts of damage. Also the Orwellian tech and MSM backing of this insanity will be addressed after the election.  Can someone please put the toddlers back in their pen? Trump vs Deep State for all the marbles in his lame duck years will be a battle for the ages. He’s gonna need all our help.  If you see something, say something may just backfire on the police state.


On to the lie -

Well STB’s been touting diversification out of the worthless fiat dollar for close to ten years now. Trade fiat for tangible assets (BEST TRADE EVER!). I still contend if you have close to 15% of your assets in gold your net worth will remain the same after a complete market collapse. Yes, I believe gold is going to the moon. https://www.zerohedge.com/news/2019-08-06/gold-hits-record-highs

Will they use the markets against Trump and the patriot movement? One conundrum - they like money too. High markets enable them as well. Paradox much?

DOW futures have gone from up 100 to down 100 this morning. So let’s call 26k the new resistance point. Not good to see round numbers set as market negative points on the way down. 25,300 is next support, so let’s not freak out quite yet. Have your preferred medication ready for the worst, but chill and let’s see what ‘they’ want.


More to come below.

Have a good day.

GL and GB!

Tuesday, August 6, 2019

Morning Charts 08/06/2019 SPX

CHINA!!! LOL 

And just like that, all is well. No, like, really, they said so. See - https://www.zerohedge.com/news/2019-08-06/stocks-yuan-pop-pboc-issues-statement-claiming-all-well

Im not sure about three rate cuts and Trump may even pull off the trade deal. We spoiled the shit out of China. We took the worst kids lollipop and this daddy ain’t giving it back. So the spoiled kid will wait to abuse the next weakling authority figure that comes along. China may not do a trade deal with the US till 2025. https://www.zerohedge.com/news/2019-08-06/goldman-capitulates-sees-no-trade-deal-2020-election-now-expect-three-rate-cuts

Bottom line is Trump is kicking everyone’s ass, and there are painful moments that come with it. 



WAIT JUST ONE MINUTE - I just had a whacked out thought (I’m sure you are not surprised)  - where did the mass shootings go? Did Trump play their game even better? Did POTUS crash the markets to change the narrative? Worth considering. 


On to the lie - 

Great recovery this morning - so far. Futures last night continued the beat down, and this morning have shrugged that off and more. Somebody bought a lot of shit this morning while we were all asleep.  Shorts will get crushed and be fuel for any recovery from the carnage yesterday. Stopped in a consolidation area. No panic yet. Remain calm. 


More to come below. 

Have a good day. 

GL and GB!




Monday, August 5, 2019

Morning Charts 08/05/2019 SPX

When the PPT is having issues - is there a word to describe the dysfunction that requires? https://www.zerohedge.com/news/2019-08-04/meanwhile-inside-plunge-protection-team-chaos

CHINA!!! The boogeyman is back in the news.

Trump considering or at least mentioning some sort of additional gun control? That’s not going to go over well with his base. IMO if everyone was armed, these attacks stop its obvious tat gun free zones are the worst possible place to be.

The dumpster fire that is the US may finally be spreading to larger structures.


On to the lie -

Futures look pretty darn bleak.

Looks like we’re ready to test the next set of round numbers. That was a quick trip from the last set which offered absolutely zero support. There are at least a few other price points for support near this set of round numbers we didn’t have last time for additional support. A few, only a few.

So back to that PPT chaos article above, and back to my theory that about their only avenue left to go after Trump is taking out the markets..... since nothing is real, anything is possible. If/when this breaks 2800 and 2750 are two short quick steps away.

Might be time for me to throw in the towel and call THE top, but my only concern is the rally after Trump wins in 2020. I’m thinking this has potential to get nasty now. Trump rallies the markets one last time after election, but maybe after 2022 the real problems start. Lame duck Trump is gonna be an amazing time to be alive.


More to come below.

Have a good day.

GL and GB!



Friday, August 2, 2019

Morning Charts 08/02/2019 SPX


POTUS tariff talk bother the universe. The Art Of The Deal - the man know his hand. https://www.zerohedge.com/news/2019-08-02/sea-red-global-markets-tumble-post-trump-tariff-carnage  Sadly I’m not sure if  he knows when to take his foot off of the opponents throat.

Apparently everything is gonna get delayed till after the election. China, Comey, now Epstein and I’m sure many others to come - all to try to avoid possible justice at the hands of the next crony that runs the show. https://www.zerohedge.com/news/2019-08-01/epsteins-lawyers-request-full-year-review-million-pages-documents-0 Ha! 4 more years bitches!

How sweet poetic justice can be. (Wait tho - in 5..4..3.... they blame Trump) https://www.zerohedge.com/news/2019-08-01/elijah-cummings-baltimore-home-robbed

So we know this cause Q told us about FVEY - Australia is as well. Old news to those in the know. https://www.zerohedge.com/news/2019-08-01/uk-its-neck-russiagate-affair-secret-texts-reveal-british-role-trump-coup-effort


On to the lie -

SPX, DOW, NAS and RUT are all at support, but if the futures are right they may not stay there. To keep it simple 17 is next support for SPX. Over the next 200 points to MAJOR SUPPORT they did build in some stopping points. Not many but ... this fall may bruise a little but nothing terminal YET with initial diagnosis. We all know the patient is riddled with diseases, right?

Draghi to stimulate. If that doesn’t work China will be next. You should know their fire drill by now. https://www.zerohedge.com/news/2019-08-01/mario-draghi-lays-out-plan-dangerous-round-stimulus

UNLESS they do use the markets to go after Trump, cause it’s damn fo shizzle they got absolutely nothing to compete with him or his movement.

More to come below.

Have a good day.

GL and GB!

Thursday, August 1, 2019

Morning Charts 08/01/2019 SPX

August baby. That means NCAA football is almost here.

If any democrat gets elected we’re fucked. What a shit show they are.

Comey dodges early arrows. Bigger ammo to come.


On to the lie -

Fed gets roasted by Trump and the markets. https://www.zerohedge.com/news/2019-07-31/hawkish-powell-rate-cut-sparks-market-turmoil Hopefully they are not long for this world.

Also, apparently round numbers don’t mean shit for support on DOW and SPX.

That last drop of 40/400 felt more dire and dangerous. This spanking could be just getting started. Will have to wait and see. Levels are idiotic. Support is sparse. I’ll give targets if it looks to continue.

More to come below.

Have a good day.

GL and GB!