Monday, October 21, 2019

Morning Charts 10/21/2019 SPX

Peak PC insanity in the UK - https://www.zerohedge.com/health/uk-police-investigate-transgender-being-turned-down-porn-role-hate-crime

And of course if you’re in need enough to have a sex robot, the PC police are monitoring you there as well - https://www.zerohedge.com/health/now-even-sex-robots-have-rights


On to the lie -

Nothing exciting here. Just waiting on something big to break. Almost like markets will be absolute last resort attack on Trump. They like that green too good.


More to come below.

Have a good day.

GL and GB!

Friday, October 18, 2019

Morning Charts 10/18/2019 SPX

Parents weekend at UGA. Leaving soon. Wish me luck!



I’ve often spoken about the mass exodus and how no one would stick around for the next sell off. Well, maybe we’re actually still evolving - except the old adage needs to be changed to ‘fool me three times’  - https://www.zerohedge.com/personal-finance/69-percent-us-households-are-preparing-possible-recession

Trump made it through Dallas and the 17th. War with democrats getting ready to accelerate. He’s about to go on offense. Gonna get wild if the IG report ever gets released and all corruption and coup stuff is ever shown the light of day.

On to the lie -

Markets in a happy place for now, but we all know that could change in an instant. QE4 rolls along. Always be prepared for the worst. Till then, party on Garth! Heather be thy name! https://m.youtube.com/watch?v=UWPdsVXUSmI


More to come below.

Have a good day.

GL and GB and Go Dawgs!




Thursday, October 17, 2019

Morning Charts 10/17/2019 SPX

Trump in Dallas? Biden mention of the 17th? JFK redux? They can’t stop him. FF? Cummings dead? Natural causes?  Trump rips the drunk deservedly. It’s all about to come out and they are all guilty. Shits about to get real. He’s even throwing jabs at Obummer. God I love this president.


On to the lie -

QE4 underway - https://www.zerohedge.com/markets/qe4-officially-begins-feds-first-t-bill-purchase-4x-oversubscribed-amid-massive-liquidity

Markets appear safe for now. Just be ready for an instantaneous turn. May or may not happen. Just know it’s possible.


More to come below.

Have a good day.

GL and GB!


Wednesday, October 16, 2019

Morning Charts 10/16/2019 SPX

Lebron doubles down on his hypocrisy. Got played by his .... not sure what the PC term is for a black man that thinks he’s an elite that gets played by the league? Anyway, he’s getting it now. The beauty is that he sold out for the money, and his ‘leadership’ PC social warrior status is now worthless. Kind of proves another point - when a dude that went to MIT speaks, a dude that did not go to college should never challenge it.

Dem - I mean the socialist/communist - debate was last night. I fully expect someone or ‘something’ to enter the race and become the candidate cause none of them are worth pissing on.


On to the lie -

POMO IS BACK! https://www.zerohedge.com/markets/pomo-back-heres-what-treasury-bills-fed-will-buy oh boy just like the good ol days. QE and POMO back together again.

Remember - it’s all about liquidity. For some reason they are protecting everything right now. https://www.zerohedge.com/markets/not-transitory-fed-liquidity-handout-surges-near-90-billion

Markets in a safe place. That definition is open to debate from a liberal sense. A place artificially created where reality does not exist to be insulated from external pressure. Thus, nothing’s changed. Move along till something breaks.

More to come below.

Have a good day.

GL and GB!


Tuesday, October 15, 2019

Morning Charts 10/15/2019 SPX

Lebron is a hypocritical fuck. If he guarded playing basketball as well as he guards his source of income he’d have 10 more championships.

The rest of the news is junk as usual.


On to the lie -

Another top call from the experts - in the face of QE4? https://www.zerohedge.com/markets/morgan-stanley-calls-it-friday-marked-high-stocks-now-comes-selling

And our best all time contrarian signal delivers another doozy - again in the face of QE4? https://www.zerohedge.com/markets/gartman-denies-his-sp-short-was-stopped-out-stocks-jump

Markets are in a safe spot - for now. I warned yesterday of FF potential. With all political attacks against Trump failing, they will need something more. It’s going to take something ‘external’ (remember that - going back to my 2010 call?). Well, we may be closing in on that moment. We’ll see. But for now I’m not fretting much. They may want DOW 30k before they let it go.


More to come below.

Have a good day.

GL and GB!

Monday, October 14, 2019

Morning Charts 10/14/2019 SPX

Cause she’s a crooked drunk and shouldn’t be in Congress anymore - https://www.zerohedge.com/political/rep-jim-jordan-asks-17-awkward-questions-about-pelosis-impeachment-inquiry

At noon today it gets interesting, but if a tree falls in the woods will it make a sound? https://www.zerohedge.com/political/cnn-tapes-are-coming-project-veritas-teases-coming-cnn-whistleblower


On to the lie -

CHINA!!! Everyone freak out. LOL.

Same ol boring spot just a bit safer this morning. Volatility should decrease in this upper zone under ATH resistance, but that is yet to be seen. That’s about it till something breaks. I have to throw out a false flag warning. Dems and deep state desperate.


More to come below.

Have a good day.

GL and GB!

Friday, October 11, 2019

Morning Charts 10/11/2019 SPX

Lazy post day. Nothing to say but CHINA!!!

LOL

On to the lie -

CHINA!!!

All is well. Nothing to see here.


More to come below.

Have a good day.

GL and GB!

Thursday, October 10, 2019

Morning Charts 10/10/2019 SPX

NBA and CHINA! The ‘woke’ athletes hypocrisy on display. The socialist stance for the money over constitutional rights on display. The NFL lost me a few years back, now the NBA is out.  The only reason I’d go to an NBA game now would be to hold up a FreeHK sign just for the reaction.

Gold will be money again? Ya don’t say. Hmmm ... someone around here has preached diversification (not to be confused with diversity) for close to a decade. At these tops taking a little out of the market and all the way out of cash/fiat. The BEST TRADE EVER.  Worthless fiat for gold? Like ...DUH! Barterable assets. Untraceable equity. Their worst nightmare is you doing things they can’t control or track. https://www.zerohedge.com/markets/peter-schiff-gold-going-be-money-again-because-gigantic-global-debt-time-bomb

And GOLD ETF holdings at ATH - https://www.zerohedge.com/commodities/gold-etf-holdings-hit-all-time-high-after-longest-streak-inflows-financial-crisis

I was talking to some advisors the other day and mentioned diversification and non correlated assets, specifically gold, I hope the get woke to what’s happening.

ZH is on Fire this morning. Lots of great posts.


On to the lie -

Like is said yesterday - they’ve been doing QE4eva for several years now, they just admitted to starting again yesterday. https://www.zerohedge.com/markets/first-rule-qe-club-dont-call-it-qe

Under QE a natural backstop is created. BTFD will be revived. Markets will remain misleading and rigged.

Nothing new in price location. Just above consolidation area.


More to come below.

Have a good day.

GL and GB!

Wednesday, October 9, 2019

Morning Charts 10/09/2019 SPX DOW

We were warned about central banking. Pretty sure everyone at STB is well versed at this. Creature From Jekyll Island is a real nightmare. https://www.zerohedge.com/economics/founders-warned-us-about-central-banking

China really is getting way out in front of this tech thing. How ‘progressive’ of them. We along with the NBA should be cheering to usher in such measures here in the USA ASAP!  #OrwellianNightmare
https://www.zerohedge.com/geopolitical/chinese-citizens-will-be-required-scan-their-faces-use-internet

On to the lie -

These next two posts are really important.

First repo and liquidity news - https://www.zerohedge.com/markets/panic-repo-one-worlds-top-repo-experts-explains-what-really-happened

QE4? So they announce what they’ve been not admitting to doing for years? So ... BTFD is back? So ... they found the only catalyst that might be able to drive higher highs? https://www.zerohedge.com/markets/fed-announces-qe4-one-day-after-bis-warns-qe-has-broken-market

Markets hangin above support above the volatile consolidation area. Everything chill for now. We will all see it when it breaks. Just know it’s coming.


More to come below.

Have a good day.

GL and GB!

Tuesday, October 8, 2019

Morning Charts 10/08/2019 SPX

CHINA! and the NBA this time.  Talk about double standards and hypocrisy. It’s like the left under a microscope where things on the inside can be seen so clearly. Makes you sick.

Not much else to discuss. Everything is a rerun of a rerun. SSDD. Not to mention all the news is fake anyway.


On to the lie -

Tinkering with the support/resistance area above the 1k DOW point consolidation area. I warned volatility would greatly increase in this zone. The question is does 26k support hold? We get real drama if that cracks. Abyss below.


More to come below.

Have a good day.

GL and GB!

Monday, October 7, 2019

Morning Charts 10/07/2019 SPX

I’m almost at the point of giving up on the swamp ever being drained. With all the evidence. All the proof. No convictions or even prosecution? Pathetic. Sure, we get a lot of posturing and threats, but in the end nothing is done. If the multi tiered justice system is here to stay then our worst Orwellian nightmares will come true.

For example - some of us have been bitching about this for years - https://www.breitbart.com/politics/2019/10/06/poll-americans-support-probe-biden-ukraine-china/

Deep state exposed? Tell us ‘conspiracy theorists’ something we don’t know. This is little more than a soft disclosure to our ruling class. https://www.breitbart.com/politics/2019/10/06/exclusive-stephen-miller-exposes-the-deep-state-a-collection-of-permanent-bureaucrats-enmeshed-inside-the-federal-government/

Reminder of how they can and will control you - cut off cash. See India and China. When they get their cashless society then total control will be enabled.


On to the lie -

CHINA!!! FED!!! They scream that for hot takes, but we all know it’s about liquidity. Read this post it lays things out nicely. https://www.zerohedge.com/markets/repo-market-incident-may-be-tip-iceberg

Like I’ve said, folks that lived through ‘02 and ‘08 ain’t gonna wait around and ride this next one out. Mass exodus will happen. It may have started already. https://www.zerohedge.com/economics/money-market-funds-have-not-seen-level-net-inflows-global-financial-crisis

Lower high, but a higher low (for now). Looks like the rollover may have begun. Still plenty of support hanging around. Up here low volatility dull impossible push into ATH resistance, but jus below is a big consolidation area chock full of volatility.  Ceiling above and abyss below.


More to come below.

Have a good day.

GL and GB!

Friday, October 4, 2019

Morning Charts 10/04/2019 SPX

Somehow, someway the insanity levels keep going up. Where is peak TDS? The insanity of the left, supported and fueled by the fake news MSM, is something that should concern everyone. These people are F’d up.

Example - #EatTheBabies  this was either the greatest troll or these people are whacked

Ukraine - were about to find out if DS influence or Trump influence is greatest. This will tell us if we have a chance against the globalists. Can we get truth? Will someone get prosecuted? https://www.zerohedge.com/political/ukraine-review-investigation-biden-linked-gas-company

Global police State is expanding rapidly.

Ditching the dollar - something we’ve discussed for years here - it’s still happening. https://www.zerohedge.com/energy/russias-largest-oil-company-ditches-dollar-new-oil-deals


On to the lie -

NFP ... MEH

Volatility bitches!  Entering the large 1k DOW point consolidation area. Buckle seatbelts. Seats in upright position. Secure everything.  Still not freaking out about a massive drop, but probabilities are rising - rapidly. Let’s play this by the support levels.

More to come below.

Have a good day.

GL and GB!


Thursday, October 3, 2019

Morning Charts 10/03/2019 SPX

Looks like Trump has finally had enough and Shittforbrains is clearly going to feel his wrath. The tweets are priceless. He’s not holding back anything, and I love it! Refreshing in my opinion. Call a spade a spade. Boom!  Trump finally on the offensive. Only question is will the Republican reps follow and back him.  We know the RINOs won’t.

You may have noticed a 1k drop in the DOW over the past two days. Sure there are some legit economic reasons for this, but the timing? As soon as the Dems impeachment scheme goes off the rails and gets flipped... just a distraction? As I’ve speculated the markets will be the only thing they’ll have to use against Trump in the end.

He’s got to get on top and start prosecuting the criminals NOW. #LockThemAllUp


On to the lie -

Welcome to the consolidation area. Caution volatility will ensue. Trader paradise in this zone. Danger levels for long term holdings elevated. 25% drop is not out of the question. As I’ve been saying ceiling above and abyss below.  The path of least resistance is clear.


More to come below.

Have a good day.

GL and GB!

Wednesday, October 2, 2019

Morning Charts 10/02/2019 SPX

OK, so you do know nothing is real right? You got that? We don’t have to go cover that again? 

Orwellian nightmare. Good vs evil. 


Vegas shooting? When?  Oh, that one. The largest mass killing in US history that kinda got swept under the rug? https://www.zerohedge.com/political/5-unanswered-questions-remain-2-years-after-vegas-shooting

LMAO not confirmed but if the house impeached Trump but senate does not confirm then Trump first term is nullified and he can run again in 2024. Is so, they really are stupid. Well, they are stupid, we know that but somehow they keep on coming up with new levels of stupid. 

On to the lie - 

Fed! CHINA! and now Recession!  OK, I can roll with recession fears. I’d prefer cyclical top or time to bleed some excess tho. Crush the fake money and the over leveraged, get them out of the game .... aaaaand then do it all over again. LOL. Bottom line is it’s still a corrupt system built on greed and lies supported by fake liquidity that will all collapse soon enough.  

DOW has massive consolidation area from 26.4 to 25.4k. Then another 1k points to critical support. I’m not sweating anything yet. It’s inevitable, be prepared, just not yet. When impeachment fails the economy and markets will be all they have left to attack Trump with. 


More to come below. 

Have a good day 

GL and GB! 

Tuesday, October 1, 2019

Morning Charts 10/01/2019 SPX

Welcome to October!  Basically the start of holiday season and good football, so let’s party!

I’m starting to think Trump has been played by the deep state all along. Fighting an impossible battle with false allies and enemies at every turn. If he doesn’t drop the hammer now on all of them - legally, none of this hearing BS - we may be fucked. 


On to the lie - 

Same as yesterday but a bit more cushion. Ya got 500 DOW points till you have any concerns. Waiting on a catalyst - for downside of course.  Not sure anything can push it much above the ATH. 


More to come below. 

Have a good day. 

GL and GB!