Open Weekend Post 08/01-02/2015

You know the drill, share the love and the knowledge. 

If you see it, share it. I will as well. 



Have a good weekend. 

GL and GB!

Morning Charts 07/31/2015 SPX /es

Well, nothing new here - 

"Bad news is great news again... Stock are surging (and bond yields tumbling) following the worst wage growth in history this morning."

Debt slaves - I talk about it frequently (in a slightly harsher tone than here) - 

"That is why we are called debt slaves – our hard work makes others extremely wealthy."

And to sum up my personal frustration in a nutshell - when the "experts" get to this point it can only make you wonder - 

In a blog dated July 7, Liu wrote: "The stock market disaster has turned many of my investment principles upside down … and made me doubt many times whether I'm still suitable for the market."

On to the lie -

SPX 30m - Maybe some sort of wedge (pink) developing. Possibly a triangle. Too early to tell with all this volatility. Daily charts are still in bear mode (for what that's worth).

Freedom watch -

Never on a Friday.



More to come below.

Have a good weekend.

GL and GB!

Morning Charts 07/30/2015 SPX /es

Well, so how's that easy money policy working out for ya? 

 "the economic expansion--already the worst on record since World War II--is weaker than previously thought, according to newly revised data."

On to the lie - 

Life in the danger zone. 

SPX Daily - 

Freedom watch -

Not today.



More to come below. 

Have a good day. 

GL and GB!

Morning Charts 07/29/2015 SPX /es

FOMC day so no thoughts until grandma speaks. I'm guessing they stay the course, nothing concrete and hints at a rate rise in the fall. One of these days they are gonna have to throw out some sort of surprise.


On to the lie -

SPX Daily - DMA bonanza zone! They were surprisingly non issued on the way down. Apparently they were a convenient stopping point on the way up. 

Freedom watch - 

Wow, just wow! Even worse, see the three links at the bottom. STB's discussed all that crap for years now. Total control freaks, UN Sustainable development junkies, and some of you laugh/scoff when we on the blog joke about FEMA camps and reeducation centers. 3-Year-Old London Child Deemed “Extremist” and Placed in Government Reeducation Program


More to come below.

Have a good day.

GL and GB!

Morning Charts 07/28/2015 SPX /es

ZH posted The Most Important Market Trendline Since 2009 Was Just Broken. And here is the chart - 

On to the lie -

You've seen my LT charts. I agree with the above that an important TL busted, but .... does it make a difference A) where you start the trendline or B) what sort of market you are playing in (one with rules and one without)? About the only reason I still keep the charts and charbook today is that I truly believe that TA will get it right in the end. You can't run from the numbers. Alas, the question, when, still applies. 

Here is a monthly looks to compare to the above. Since all technicians see things in a different way ..... course I could show it to you from multiple takes as well - I like this the best.

SPX Monthly - Here off the '09 low that lower support diagonal looks quite different. Off the '09 low I believe the the upper blue channel diagonal - where that breaks resistance is an even bigger deal proving just how overbought we are. The rising pink support coming off the '11 lows (the STB Diagonal of Death), that having broken is a much bigger deal to me. Now notice how blue resistance has become support. Uh, yup. That's the line I'm looking at. Also notice that there are a few MONTHLY horrific negative divergences. The cycle tops are also kinda cool I think. Also note the 10/20 ma. Oh, and the 38% retracement for the whole move - let's call it 1600.

Freedom watch -

It's so bad I can't figure out where to start. So none today.


More to come below.

Have a good day.

GL and GB!

Morning Charts 07/27/2015 SPX /es

Well, someone several years made a bunch of brash predictions, two of the main ones were there would be an "event" that would end it all and that massive deflation would come before hyperinflation. I enjoyed (in a sick way) reading this - Deflation Is Winning – Beware!

"Like it or not, things are getting interesting again. The prudent move here is to watch developments very closely, position yourself defensively, and be ready to react nimbly, if necessary. After years of suppression, the forces of reality are threatening to overwhelm our managed global “”markets”‘. And it’s about damn time."

China market crash continues. At some point that will have to become a concern here. One would assume that the Fed is vigorously taking notes about what to and not to do to stop a bubble from bursting. 

And - Commodities Collapsed Just Before The Last Stock Market Crash – So Guess What Is Happening Right Now?



On to the lie - 


SPX Daily - I'm still somewhat taken off guard by this move south. I can't explain why. The fact that the charts were right and the fed did not crap all over yet another great short set up has me somewhat bewildered. That they stopped some two points shy of the ATH was puzzling. Those and other factors have me somewhat off balance. Maybe I'm simply over thinking things. I guess I'm fighting off their years of conditioning like some sort of fever. 2062 (again) is my number. 200dma, 2 diagonals and the 62 s/r all sit right there.

Freedom watch - 

Interesting - Meet The Kagans: Seeking War To The End Of The World




More to come below. 

Have a good week. 

GL and GB!

Open Weekend Post 07/25-26/2015

You know the drill, share the love and the knowledge. 

If you see it, share it. I will as well. 

Quite the surprise dump late this week for no real apparent reason (other than it was overdue and more than deserved, but we all know that alone will not cause a dramatic turn in price). 



Y'all have a good weekend. 

GL and GB!

Morning Charts 07/24/2015 SPX /es

Well, Souper constantly harps on it, 

"Such a divergence is occurring at the moment. It is often suggested that when the bond and stock markets diverge, the bonds typically prove to be correct"

 and more markets being rigged proof. 

On to the lie - 

Whatever caused to fall yesterday was overdue. 

SPX Daily - Watch dma support here down to 95. Really from here to 44 are a plethora of support points. It's below that where things get interesting.

Freedom watch - 

Not on Fridays.


More to come below. 

Have a good weekend. 

GL and GB!

Morning Charts 07/23/2015 SPX /es

Really not much to comment on this morning as we play the waiting game. There is another post confirming STB long time conspiracy fact that the markets ARE rigged. 





On to the lie -

SPX Daily - The round number and DMA support are key for now.

Freedom watch - 

The American Nightmare: The Tyranny Of The Criminal Justice System

"At every step along the way, whether it’s encounters with the police, dealings with prosecutors, hearings in court before judges and juries, or jail terms in one of the nation’s many prisons, the system is riddled with corruption, abuse and an appalling disregard for the rights of the citizenry."

More to come below.

Have a good day.

GL and GB!

Morning Charts 07/22/2015 SPX /es

WOW! Another really positive great day for news. I'm so glad that things are looking up and that the recovery is still in full swing. With KO and the likes of INTC beating using only limited trickeration, who needs revenues or profit to get a beat these days, and AAPL's little bump in the road past us now, we got nothing but clear sailing ahead. Amen!
 
After all, if something bad were to happen you will be the first to be able to get out when shit really starts hitting the fan, right? Like the "gates" are still closed wide open and the crowded theatre is (not) getting larger and more crowded while the exit keeps getting smaller.

Global markets are just fine, forget Greece and any sort of banking contagion that could unleash damage in the trillions. Gold, silver, oil all getting crushed to prove to you, dear investor, that all is well and that the equity market is really the only game in town. Forget the fact that China's Record Dumping Of US Treasuries or that their stock market is epically crashing or that they have built city after city that sits empty - dude, whu r u worried abt? 


On to the lie - 

SPX Daily - MA support is going to be key around and just under the round number. What worries me the most? That backtest of the multi year channel support. A point where in the past or under any 'normal' market conditions I'd have been screaming run to the hills.

Freedom watch - 

Just more BS every day - the sooner he's gone the better - I just hope we survive what's left of his term - Obama Administration Won’t Release Full Iran Deal to Congress



More to come below. 

Have a good day. 

GL and GB!

Morning Charts 07/21/2015 SPX /es

Fraud? LOL - Toshiba. 

This stuff is really getting old. Of course it will be no big deal and no one will go to jail and we'll all just move along like nothing ever happened. What a great life.

I suggest you read - Governments Worldwide Will Crash the First Week of October … According to 2 Financial Forecasters


On to the lie -

SPX 30m - Triple neg div after overthrow just under ATH.

Freedom watch -

What freedom? 



More to come below.

Have a good day.

GL and GB!

Morning Charts 07/20/2015 SPX /es

Desperation - Gold, Precious Metals Flash Crash Following $2.7 Billion Notional Dump

On to the lie -

Charts do little good these days in completely controlled markets. This sucker just runs against all odds. 

SPX Daily - 

Freedom watch -

Big Brother, brother. It's only gonna get worse. 

Industry rails against Obama’s dishwasher rules



More to come below.

Have a good day.

GL and GB!

Open Weekend Post 07/18-19/2015

You know the drill, share the love and the knowledge. 

If you see it, share it. I will as well. 

Next week has a chance at being an interesting one. 



Have a good weekend. 

GL and GB!

Morning Charts 07/17/2015 SPX /es

Who knows? About all you can do is wait on the news and react. 



On to the lie - 

SPX 30m - Overthrow of neg divs yesterday and neg diving again. Diagonal of Death just above about equal with the ATH. Rising wedge that's not complete but sure looks like it wants to peter out as this epic run off the lows into opex today tries to churn higher.

SPX/BP - Epic. One slip and the collapse will shock the world. 

Freedom watch - 

Are you the least bit surprised? Obama Honors Islam Before Dead Marines Killed by Islamic Terrorist; Americans Furious - White House sent out 'happy Ramadan' statement before commenting on Chattanooga attack How he's still in office is beyond my comprehension.




More to come below. 

Have a good weekend. 

GL and GB!

Morning Charts 07/16/2015 SPX /es

I really have no comment on Greece. It is so screwed up and such an unfathomable situation. All you can really do is wait for whatever solution they can muster from an impossible situation. The government voting against the sheeple's wishes yesterday was so telling of the times and where we are headed as a global society ruled by the banks and corporations.

On to the lie - 

SPX Daily - Glad I did not short yesterday afternoon. I'll look at it again today. The main problem is that old break the STB bull/bear line to ATH is in effect. I may have to wait thru opex and till next week to give another short a go. That won't stop me from looking though.
 

Freedom watch - 

Jade helm, Iran, ..... what freedom?


British Open week! DJ is apparently trying to change the rules again like Tiger did. DJ is almost playing it as a par 56 driving everything.
More to come below. 

Have a good day.

GL and GB!

Morning Charts 07/15/2015 SPX /es

Well, conspiracy fact appears to be plying out (again) - from the North American Union to the NWO to all that is Agenda 21 - that one big umbrella of centralized control may have just been opened. Tsipras Stunner: Creditors Said "There Is No Point In Holding Elections" In Bailed Out Countries.

"Schauble: "Most member states are not yet fully prepared to accept the necessary constraints on national sovereignty. But trust me the problem can be solved.""

 We're all very aware of the revolving door between government and GS/MON/(insert any military supplier here) and how the big circle jerk works here in the US and across the world. Corporations/banks control government and they call all the shots (see TPP). In the post above it's clear that national sovereignty has become a secondary if not mute issue. 

Now, you need to stop and think about that, how the banks took them to this point and what the consequences of the banks actions will be for the innocent people of the country where western civilization was founded (oh the irony there). They are now a slave state to the banks. The banks have taken the ability of printing worthless paper, put it into circulation calling it money and used that worthless fiat to enslave a nation. The rest of the PIIS is next. Please see the Andrew Jackson quote that has been at the top of this blog since it began.

This is a good post that tells us Americans where we are today and where we are headed (ya think the banks are just gonna let us walk away from the $100 trillion in unfunded liabilities we have, the student loans, the mortgages, the credit card debt?) - Freedom Or The Slaughterhouse? The American Police State From A To Z. 

"As you can see, the warning signs are all around us. The question is whether you will organize, take a stand and fight for freedom, or will you, like so many clueless Americans, freely walk into the slaughterhouse?"

I've been preaching it for years, and it only continues to worsen and not get better. We are being enslaved to the banks. The elites are taking over. The police state is being set up. The Constitution is being destroyed. We're losing it all and not doing one damn thing to stop it. Pathetic! Y'all stand by and watch Jade Helm kick off TODAY and run here is the US. You better take notes. If you don't think this at the very least a dress rehearsal for martial law you should have your head examined.


On to the lie - 

SPX 15m - they had an overthrow yesterday and are neg diving the result of that - this means they are overbought and in that zone that only pure manipulation (like pure heroine) can bring. It's there game. Nothing is real. All you can do is follow their lead.

Freedom watch - 


See Slaughterhouse above - nugh said.




More to come below. 

Have a good day. 

GL and GB!

Morning Charts 07/14/2015 SPX /es

Greece - been saying it for months now. Well, at least the IMF has a direct line now to reality. Finally, someone sees the problem and admits that it can't be fixed in a year or five. Intervention is a bitch.
On to the lie - 

SPX Daily- Looks like she's trying to roll over. This does not mean a top is set as some sort of idiotic bulltard ramp may still yet occur - gotta suck all the blood out. It does look ominous though. 

SPX 15m -  

 

Freedom watch - 

Iran deal (surprise) is a total joke.  What was the point? 


More to come below. 

Have a good day. 

GL and GB!

Morning Charts 07/13/2015 SPX /es

"Lost national sovereignty", I guess there are worse scenarios, but not really.

"In other words, Greece will be liquidated piecemeal to repay creditors. In even other words, the proceeds from the Third Greek Bailout will not only not reach the Greek people, but Greece will have to sell itself in pieces to top off the creditors' funding needs.

Dijsselbloem concludes: "That is good for Greece, but also good for us. We are in the end the ones from whom the money is borrowed.""

So when Greece is finished selling off its last ship, acre, grape orchard, gas rights, what then? The debt will still not be paid off. Effectively, "Greece" now exists in name only. Wow.

China is still imploding, but that apparently is of no consequence here. I think that's bullish actually.




On to the lie -

Really nice recovery in the futures. 

SPX Daily - 200 dma.

 
SPX 15m - 2100 next. Nice overnight barrage to gap it through this resistance area.

Freedom watch -

Greece selling out should be at the top of freedom watch today - it's not every day you see the 'birthplace of western civilization' fall to socialism and corruption. This = NOT GOOD.





More to come below.

Have a good week. 

GL and GB!

Open Weekend Post 07/11-12/2015

You know the drill, share the love and the knowledge. 

If you see it, share it. I will as well. 

So, Grexit or what? 



Have a good weekend. 

GL and GB!

Morning Charts 07/10/15 SPX /es

Well, they goosed it again. 

Nuff said.


On to the lie -

SPX 15m - Not sure why I'm putting up a chart. maybe it matters, maybe it does not. Here we go again, liftoff! Maybe the second run at reigniting the market will do the trick.

Freedom watch -

Are Big Banks Using Derivatives To Suppress Bullion Prices?
  
16 Facts About The Tremendous Financial Devastation That We Are Seeing All Over The World From last week, but a harsh reminder of reality.


Way cool - real time map of cyber attacks - 


More to come below. 

Have a good weekend. 

GL and GB!

Morning Charts 07/09/2015 SPX /es

Well, we found out what one last resort was for failing markets was last night. Arrest! This is sort of the cherry on top of of the modern day, new normal, manipulated, corrupt market isn't it? Ultimate control. It's funny, some here doubt my harping on the growth of the nanny/police state and destruction of the constitution. Bears, you just got your death sentence. Ya think O is beyond such to protect his TBTJ bankster buddies? They resorted to blackmail at the bottom in 2008, such an action as making short selling (or selling at all) illegal would be the next most logical step here.  

Some can't see the Orwellian nightmare on the horizon refusing to remove their head from the sand. When the next greatest thing in global growth, the country that is about to replace the US as the economic leader of the globe resorts to such to save its markets, well, you can easily put two and two together. The question is, can you internalize and physically accept that 'it can happen here'? 

With China put to bed for now, don't forget that Greece is still in the air. Some sort of can kicking should be expected, but if not contagion control from the default is critical.


On to the lie- 

So much for the panic for closing under the 200dma. Futures soaring celebrating intervention is somewhat astounding to me. Free markets? Does anyone want a free market anymore, or are we entering a new era where everyone is OK with playing in a rigged casino? 

SPX Daily -  Critical resistance will be the round number and the 20, 50 and 100 dma's ranging from 2092 to 2101. 62, 71 and 82 areas will be intermediate resistance areas.

Freedom Watch - 

U.S. Wealth-Concentration: The Most-Accurate Current Estimates

"What was bad under Bush has thus become lots worse under Obama, despite all of Obama’s rhetoric against wealth-inequality."

More to come below. 

Have a good day. 

GL and GB!

Morning Charts 07/08/2015 SPX /es

'Owned' should be the headlines about Greece this morning. Once again, delaying the inevitable, the banks and other creditors that are in way too deep over their heads will get the stick save (via loaning money they printed to themselves), and the sheeple of Greece will be put even further into debt servitude to their financial overlords. Folks, this is modern slavery. There is no other way to describe it. 

So sad, just like here in the US in 2008, they had the chance to right the ship, take their medicine, hit the reset button, clear the deck and become financially viable again one day, but instead they chose to go deeper in the red. They should have told the criminal banks to FO, but they did not. They had their chance and are apparently going to blow it. If I lived in Greece, I'd be packing my bags.

China, the one I told you not to ignore, is apparently in 1929 crash mode. The Chinese PPT is basically worthless (note to Chinese PPT - do it overnight). You can read all the headlines just about anywhere. Their crash even made GMA on TV today. I guess that is some sort of celebratory propaganda (us vs. them) thing maybe from the MSM. Not so funny when you are in your own (unadmittted) bubble and contagion can and will spread. 

The quote of the morning goes to ZH, 

"The SNB has declined to comment on whether it intervenened but we ask in all frankness, have we become so divorced from 'free markets' that China can blatantly enter markets to save them (and fail) and European markets can mysteriously go bid and no one bats an eyelid that this is all rigged."

On to the lie - 

Sell the potential Greece resolution news and be afraid of China? Is that the trade this morning? Who knows? The trade is going to be whatever interventionist BS they want it to be while they fend off contagion as long as possible.

SPX 15m - It's a simple chart, and I like it. No need to complicate things with 10 or 20 year monthly charts looking for targets with a 4 or a 5 handle quite yet. There is a chance - goodness I hate it - but a chance this move at the open is a backtest of busted s/r and a confirming move before heading higher. Of course I'd prefer it just puke up a lung or two here and take us all out of our misery, but I doubt that's going to happen (yet). NOTE - a lower low was set yesterday which is NOT a good omen. These more often than not lead to even lower lows.

 Freedom watch - 

The New World Order Pope - 

"Pope Francis wraps up the first leg of a three-nation South American pilgrimage Wednesday after issuing an impassioned call for a new economic and ecological world order where the goods of the Earth are shared by everyone, not just exploited by the rich."

More to come below. 

Have a good day. 

GL and GB!

07/07/2015

Running late. R u surprised?

Morning Charts 07/06/2015 SPX /es

Early post

Futures hammered





On to the lie -




Freedom watch -





More to come below.

Have a good week.

GL and GB!

July 4th 2015

Happy 4th of July to all of the STB faithful. Many thanks to each of you for your continued support and mainly participation in the commentary. It is you that makes STB. Thank you. 

I'm way overdue for a blow off old school rant, but I'm just so numb, apathetic, discontented, somewhat withdrawn now that all I've bitched about for the past 6 years is coming to pass. Conspiracy fact sucks. Being in touch with reality sucks. Not being able to cocoon and live the lie sucks. 

Not really, there is no place I'd rather be than smack freakin dab in the middle of whats real. Knowing what's coming is a far better place to be. The unprepared are in for a very rude awakening. The sheeple are being herded. 

This is an oldie but goodie and something you need to see as a reminder of just how far off the cliff we've fallen as a nation,  72 Types Of Americans That Are Considered “Potential Terrorists” In Official Government Documents 

Well then color me a terrorist then cause I fit multiple descriptions. How bout you? 

Hell when The U.S. Government Believes that the Founding Father Were Terrorists you know we're in trouble. Even worse, our veterans are the number one terrorist threat. 

I'll just briefly mention some of my hot spots and you can move along with your holiday - Sustainable Development, Agenda 21, Eugenics, Constitution Free Zones, persecution of Christians, (I'll stop there cause the list is too long) at least click and see the sites linked to know they are real and not just some sort of fearmongering crap. This shit is real, just ask Bill Gates. 

Now as for how this relates to the 4th and our founding fathers rolling over in their grave - I did not add the Freedom watch section to the blog each day cause I need filler. The corporate takeover of the globe is nearing completion (TPP). Everything our founding fathers fought to prevent, everything they warned us about is now coming to pass. You absolutely must see this. 

All the lives wasted. our progress, the awesomeness of this nation is being laid to waste via greed, and there ain't a damn thing we can do about it. We're a nation of sheeple reliant on the nanny state for everything. What a bunch of lazy ignorant fucks we've become, and we're gonna deserve what we get in the end. There are seven deadly sins, and we've managed to embrace them all. 

About the only happy way to end this post is to remember our founding fathers, what awesome principles they instilled and that they set us on the path to prosperity and success. It's just so sad that we've abused and wasted that success. 

Happy 4th and thanks again for all you do here at STB. 

Morning Charts 07/03/2015 SPX /es

Can't recall the last time there was so much drama in the air and the futures were absolutely flat. 



On to the lie -

I am blown away that they did not ramp it for the holiday. If anything I'd suspect they fight hard to regain the round number on at least the DOW today. If they can't then times have definitely changed and not for the better. Their standard pattern for falls has failed to develop this time as well. 

SPX 5m - Gotta love double fib confluence at resistance. I must have misdrawn that upper resistance diagonal. I did change the rising channel to a wedge (which has broken down). Watch 57 - 62 support closely. 

SPX Daily - To give you a better idea of the cliff we're looking over ...... I think there is a good possibility if they don't manage a ramp today that the HnS appears to be in play, and the backtest of the neckline yesterday near 85 could have been a kiss of death. Target is around 2030. If the current lows break 2000 has to be the target. 

There will be some sort of post up tomorrow and through the weekend. 

More to come below. 

Have a great holiday weekend. 

GL and GB! 

Morning Charts 07/02/2015 SPX /es

From ZH - 

"Beyond that, today’s announcement by the ECB seems to prove what we said in “Goldman’s Conspiracy Theory Stunner"; namely that Mario Draghi wants to push Greece over the edge in order to give himself an excuse to expand QE. "

Blueprint, road map, mad science experiment? 

SPX 5m - There is really nothing blowing me away with any of the charts. The 56 - 62 support area is critical. The double fib near 87 resistance should be a magnet to price. Holiday ramp? Well, they need to plow through that 87 number and get at least to the gap at the round number resistance today if that's gonna happen. 

I may be around this afternoon. I'm out this morning, Y'all can handle things I'm sure. My 5m chart is pretty good if things stay tight.

Have a good day.

GL and GB

Morning Charts 07/01/2015 SPX /es

Early post










On to the lie -









Freedom watch.






More to come below.

Have a good day,

GL and GB!