Morning Charts 08/31/2015 SPX /es

Blogger blowing up my posts again this morning. This has become a more than recent occurrence over the past two weeks where I type, it does not auto save and then locks up and goes away. I lost the complete first section of my post (again) this morning, and I'm not going to rewrite it. 

Here is a good read - Here’s Why The Markets Have Suddenly Become So Turbulent


Bottom line is things are bad and getting worse. Just see ZH or any alternative media site for reality. You can try and decipher the Fed's incompetence, China's implosion or a plethora of other bad things that are infecting the globe right now. 


On to the lie - 

SPX Daily - Resistance.

 
Freedom watch -  

NYT’s Barro: ‘Massive’ Gun Grab Only Way To Impact Violent Crime

"Really take away massive amounts of guns that people have, reduce the rate of gun ownership substantially."

 

More to come below. 

Have a good week. 

GL and GB!

Open Weekend Post 08/29-30/2015

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

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

Jackson Hole should provide some fireworks or at least something to add to the mass confusion. 



Have a good weekend. 

GL and GB!

Morning Charts 08/28/2015 SPX /es

Well, I've discussed this coming for years. It may not happen this year or next, but when it does all freedom will be lost -

When you start to see increased propaganda about banning cash, you know the status quo is very scared and things are getting very serious.

Jackson Hole Schedule - may be something you want to track.


On to the lie -

SPX Daily - Resistance area I spoke of yesterday. I'd expect with JH this weekend things remain contained today.

More to come below.

Have a good weekend.

GL and GB!

Morning Charts 08/27/2015 SPX /es

China is under control! All is well! Y'all come back and throw all your money in as fast as you can! Who cares if China is gonna liquidate treasuries. That means nothing in the long or short term. 

I'm not quite sure what's going on data wise with the Fed and all. Who knows what picture they want to paint to lead you down whatever wrong path they decide to take this time. You can see ZH and try and figure out how or why they are insisting on painting a picture where a rate hike will prolly become mandatory despite reality.


On to the lie - 

SPX Daily - Reversal candle or just some sort of retracement? 1967 is the 38% retrace and 2032 is 61%. The 67 - 80 area is forst real resistance.

SPX 5m - I would have preferred the busted resistance have been backtested before the breakout, but .....

Freedom watch - 

How screwed up are things? See this site.

More to come below. 

Have a good day. 

GL and GB!

Morning Charts 08/26/2015 SPX /es

So, are we supposed to have all eyes on China (Remember distraction is their best trick)? You know, the nation that was taking over the world, was gonna be the next best thing since sliced bread and lead us all to great prosperity. Yeah, that China! But wait, what about the big red communist nation we've all come to know and love? Still thriving! China Loses All Control: Arrests Journalist, Financial Executive Over Market Crash adds to the devaluation and their treasury dumping. If this is our global economic savior I think we're all in a bit of trouble. 

And of course the question we here at STB have been asking for a couple of years at least - What If The "Crash" Is As Rigged As Everything Else? I'll say this, in this Keynesian centrally planned nightmare, if the crash is not engineered then we're really in deep doo doo. 

Third day of turmoil and third different scenario simply adding to the confusion this morning may be an anomaly like yesterday. Once volume catches up they tend to lose control.

Fed Speak is everything over the next few days and weeks. Be ready to react.  Rate hikes and QE4 - I can only assume that with the Fed's recent lack of clarity or direction that confusion will still reign, and that's not a good situation for the markets.



On to the lie -

SPX Daily - Not much of a DCB on this chart. The 5m there is one, but if you are looking for something technical that says this is all over ya better find it somewhere else (Not that technicals matter anyway in this rigged thing they still call a market). I do see clear support area, but that may not matter if the sellers remain in semi-panic mode.
 

Freedom watch - 

Government Spying “Worse than Orwell” -  Current surveillance is far beyond an Orwellian state

More to come below.

Have a good day.

GL and GB!

Morning Charts 08/25/2015 SPX /es

Forever we've all had our special triggers that we've used to time the markets, maybe now it's as simple as focusing on one thing (other than Fed speak) - The Fun-Durr-Mental Reason Stocks Are Up This Morning (In 1 Chart). At this point I'm not positive there is any global coordination among exchanges or markets. It may be a save yourself first and worry about the women and children later situation. 

China sets the standard for state controlled everything, and if that experiment is collapsing, you better be taking notes for what is more than likely going to happen here. As I mentioned yesterday - cyber war, currency war, market war - not many options left but physical war coming next. I suggest you read The REAL Reason China’s Economy Is Crashing for some interesting insight. Think debt and Rome.

Bottom line is the sheeple are starting to wake up, and that's not good for corrupt governments and banks around the globe. 7.2 billion people may be a bit much to contain when they discover the elite have been taking them out back and financially raping them for close to a century now.


On to the lie - 

No need to freak out quite yet. That comes after they announce QE4. I'm gonna remain calm as possible till Jackson Hole. Speculation on Fed actions till then should be rampant. Most here know my stance on rate hike  - they can't and never will cause they can't afford it. Risk off is the worst thing that could happen now and they can't afford the debt if they do raise rates. The dance between Fed speak, China and the myriad of other global disruptions over the next week should be very volatile. It's gonna be sunny one minute and raining the next. All you can do is ride the storm out. As I've discussed, the worst thing the Fed has done recently is not provide clear direction, global planning without clear direction and leadership is not a good thing. 

Is It Time to Get into Crash Positions?

As for price - if they can't retake the 200dma they will be literally hanging on for dear life and in crash prevention mode. 

SPX Daily - Well, at least someone around here had been discussing the possibility of low 18 handles this week and last. I'm gonna try and lean on the large HnS developing. A pop here to near 2162 and then collapse late September would be an amazing setup. This is a horrible idea, cause these things rarely play out, but if you are looking for a technical fall that would be the best road map to develop. On the other hand, technically this thing has already shit the bed and puked up a lung. Looking up here would only be a thing that someone completely conditioned and high on hopium would do. Tough spot? You bet! What happened yesterday was like a controlled lab experiment going bad. Someone dropped a vial of lethal bacteria and they are scrambling in clean up mode right now. 

Below 1820 there is 1750, but I'm not willing to go there quite yet. Nor am I willing to bite on Armageddon or the Second Comming (that's in September LOL). Things could very rightfully so get very out of control here. You've heard me discuss targets as low as the prior two tops around 1575 recently. Bottom line is I've been conditioned by the central planners, I've witnessed their power, I believe in their attempt to control, and I don't think they've completely let go of the wheel or driven off the tracks quite yet. QE4 hangs out there as does news for Jackson Hole. I'm gonna do my best now to remain calm and not panic. I have a feeling there will be plenty of that to go around without me needing to incite any more (that time will come). 

Freedom watch - 

America: A Land Where Justice Is Absent — Paul Craig Roberts



More to come below. 

Have a good day. 

GL and GB!

Morning Charts 08/24/2015 SPX /es

Black Monday. Why wait for the September collapse? Shit's bad, really bad, but we here at STB all knew this day would come and could feel it building over the past year. The hardest thing to fathom is that they let this happen. Apparently it took the Squid less than a week to go from not ready to I'm sure a prime position to capitalize on this turn. 

Shit's falling apart everywhere. We here at STB living in reality know that, but the sheeple have been distracted, lied to, shammed, but now the veil has been lifted. The lipstick is off the pig.

Two questions - can or will this selloff gain momentum and how long till they announce QE4? Can a "Bullard" moment stop this or will this simply have to play out? Will a nervous public decide to bail? Oh the margin calls today, the carnage!

I was surprised to hear the MSM over the weekend discussing Friday's drop. More than discussing it, it lead the news. They've actually contributed to the panic. Why? Of course their meme had the caveat to "stay the course", LOL. 

For now I think we have to watch this play out till they can stabilize price. Flash crashes and market closures are very real possibilities. 


On to the lie - (oh how appropriate this sections title has been for years) - 

So much for short term charts. Was I the only one discussing 18 handles the last few weeks? When you run it up they way they have you leave massive support less areas. This leads to an escalator up and elevator shaft down. Where is support? 1900? 1820? 1725? Lower?  

The VIX explosion is epic. No fear to utter fear in an instance. 

SPX Daily - 

SPX Daily - 

DOW Daily - 

SPX Weekly - 

Freedom watch - 

This fall could be the beginning of the end. Every fall now has to be considered as such now. War, police state, martial law, asset forfeiture, all the nightmares we've discussed over the years could get triggered. Most importantly - do not forget that the "gates" are close.


More to come below. 

Have a good week. 

GL and GB!

Open Weekend Post 08/22-23/2015

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

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

So ....... is this it? Is this the big one? Did September collapse come early? WTF is going on? Why are they letting it fall now? 


SPX 60m - Now that's a lower low. 

Have a good weekend. 

GL and GB!

Morning Charts 08/21/2015 SPX /es

Yesterday was bad. How bad? Well ..... 

• The S&P is now negative for the year
• Consumer discretionary sector had its worst day since June 1, 2012
• All sectors finished the day negative, and only utilities were positive for the week
• The S&P once again traded below its 200-day moving average level of 2,078.2 on an intraday basis (today is the first time the S&P closed below its 200-day since July 9)
• The Nasdaq is trading below its 50-day level of 5,075.21 and closed below its 200-day for the first time since Oct. 17
• Cumulative volume on Thursday was 7.9 billion shares, the most volume since Aug. 12, when 8.28 billion shares were traded

When volume overwhelms the system, "they" lose. FOMC minutes brought confusion at a time when clarity or a concise plan was needed. Am I the only one here at STB that's surprised by the 'delay' in the rate hike? Good = Bad is starting to bite them in the ass. Their data lies or manipulation have been more like lipstick on the pig. 

They must maintain or perpetuate the lie. As some of us learned when we were young, when you lie you must continue to lie till the end, and you can not change your story. Where they have trapped themselves by delaying the impossible rate hike, they now need moar QE. Thus, they are about to have to change their story. We all knew this would come. It was inevitable. They're finally out of excuses and Mr. Market does not like that.

On to the lie - 

200dma is resistance now then 62 area. I'd really expect the PPT to get involved soon. Labor day ramp is in serious jeopardy. 

SPX Daily - Well, we finally have real (although small) positive divergences on the daily chart and an underthrow/oversold technical situation. It's been a while (like a year) since STB called the rising wedge to form, its breakdown and now failure. Now all that's left is to avoid the September disaster and get QE4 out of the way. Of course I'm thinking world war and Obummer dictatorship now more than ever over the next year. They have to have something huge to cover up the lies that are being exposed. 

I mentioned in comments yesterday of a possible multiple HnS scenario leading as far south at 1830. That would take this move to 1990 to complete the head. A move back to 64 for the RS and then failure again. Not sure what the Fed wants, and these scenarios rarely play out (esp in rigged markets). Just something to look at.

SPX 30m - There is the potential of that lower broken rising wedge target like (pink). 

Freedom watch - 

Never on Fridays. 

 
More to come below. 

Have a good weekend. 

GL and GB!

Morning Charts 08/20/2015 SPX /es

Typical last ditch effort - Big Stocks Are Last Hope for a Decaying Market.

Not much to say this morning about the surprise collapse last night following what the Fed wanted us all to see as a doveish FOMC report. I'm positive the Squid is not ready for any real collapse, so I'm not stressing it. QE4 or 5 or whatever is still out there. Maybe there is some contention among the money masters? Some want QE now and others are still on board following the Fed's direct order. Things are not as cozy at the top as they once were. A while back I suspected this would be seen at or near the top. September is just days away now.
 

On to the lie - 

SPX 30m - A whole lotta shit going on. Hard to get any sort of technical handle. I've remained looking south cause of the two rising wedge breakdowns I've discussed over the past few weeks, and due to the fed's inability to lift out of this consolidation phase. I guess I got lucky more than anything relying/believing on something technical. That's bit you in the ass more than not over the past 5 years. 

SPX Daily- Consolidation. See that black triangle? Something's gotta happen soon. Price has left the station and is way away from that blue channel and the STB Diagonal of Death that supported the Fed's run for the past 5 years. It's broken down and backtested and now has the awful triangle just above the 200dma that appears is about to break (like this morning).

FYI, we're getting so shafted at the pumps - 

Freedom watch - 

One of my fav new sites to visit - http://freebeacon.com/



More to come below. 

Have a good day. 

GL and GB!

Morning Charts 08/19/2015 SPX /es

FOMC day.

Greece is (very unceremoniously) done for now. When your hands are tied and there is no way out, you perpetuate. 



On to the lie - 

As we discuss every day, when? No one knows. My best guess is after this next and last QE. Here is one opinion. Only The Date Is Unknown But now we get this? After 6 Years Of QE, And A $4.5 Trillion Balance Sheet, St. Louis Fed Admits QE Was A Mistake
 As I've always contended, we shoulda just taken our medicine in 2008, and we'd more than likely be in a real recovery today (well, that sounds good, our criminal government would still have screwed up even the best case scenario). 


SPX Daily - I still like down, but I still think consolidation will continue as long as they can maintain these levels. Daily ma's are key. Watching that 50 slowly moving in on the 200 for the death cross is almost painful.

Freedom watch -

Try this on for size - Clinton Foundation, DNC Donor Appointed as Federal Reserve Official - New appointee replaces a popular critic of the Fed weeks before pivotal meeting



More to come below. 

Have a good day. 

GL and GB!

Morning Charts 08/18/2015 SPX /es

China shit the bed again last night.

Wasn't there once a time when a WMT miss would have sent the DOW and related retail plunging? This is now a regular occurrence and basically ignored or blow off as an outlier now. You and I both know there is something really wrong with that. 

And as I tell all my friends that will listen - they blew their wad on this crisis and there is nothing left to fight the next one - U.S. Lacks Ammo for Next Economic Crisis - Policy makers worry fiscal and monetary tools to battle a recession are in short supply


On to the lie - 

When to QE is only question now? This holds us all hostage. 

Watch all the DMA's. They are key s/r at this time. 

SPX 30m -  Confused and consolidating.

Freedom watch - 

Well, STB's been telling you this for years now. If it were to make the MSM it would have to be some sort of huge mistake, but ISIS (just like Al CIAda and the taliban and many other boogeymen) is a US creation. See Newly-Declassified U.S. Government Documents: The West Supported the Creation of ISIS and Additional Details Emerge on How U.S. Government Policy Created, Armed, Supported and Funded ISIS and even more here. 

Without a viable threat (it can't be sovereign) what would propel our military forward? What would give us reason to invade, occupy, destabilize, overthrow and place puppet dictators so the corporations could follow and strip said country of everything furthering our global domination? 

Over six years of consistently bringing you one (sad and horrific) message, more recently telling you to take profits at the top and remove them ALL THE WAY out of their system, warning of confiscation, the gates are closed and so forth - here is just another post confirming my long held beliefs - From Crisis To Confiscation - Where Do I Store My Wealth? 

You should see this - pretty wild. I'm positive she is in the custody of the Chinese military by now. Animal magic: Meet the five-year-old girl who can hypnotise creatures with the stroke of her hand




More to come below. 

Have a good day. 

GL and GB! 

Morning Charts 08/17/2015 SPX /es

If I had to guess, I'd say markets will be held hostage to the FOMC minutes release Wednesday. Since the Fed controls all and everything else is meaningless contrived data, I assume the hoopla will all surround the minutes. China will be the next great distraction. The US economic situation will follow. Bottom line is without any surprises the market is set up for more consolidation as price clings onto support above the vast support less void crated buy the Bullard ramp (and QE1 - 4eva). I find the QE4 ramblings (for now) interesting. It is the last hope. It will come. When? Your guess is as good as mine, but it will come as risk on status slips from their centrally planned farce. 

You may want to read Doomsday clock for global market crash strikes one minute to midnight as central banks lose control. Just let your imagination run wild!


On to the lie - 

SPX Daily - 200dma and a couple other support points remain critical here. Death crosses, MA resistance, all sorts of bad stuff is going down. The round number to 76 should be the area to watch.

Freedom watch - 

I saw Straight out of Compton last night. Reviews nailed it with the first 2/3 good and last 1/3 slow as molasses. Glad the LS's got to see it as it portrays the plight and helps them understand the other side. My thought is, the NWA fuck the police movie of the century, being released right now, may not be the best timing.





More to come below. 

Have a good week. 

GL and GB!

Open Weekend Post 08/15-16/2015

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

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

Bottom line is, IMO, the squid is not ready or positioned for the fall quite yet. 


Have a good weekend. 

GL and GB!

Morning Charts 08/14/2015 SPX /es

Things are so screwed up, upside down and going backwards that I'm not going to even try and discuss anything this morning. For example China Revalues Yuan 0.05% Stronger and the futures fall? WTF?

On to the lie - 

Living on the edge!

SPX Daily - 
 

SPX Daily - 
 

Freedom watch - 

Never on a Friday.


More to come below. 

Have a good day. 

GL and GB!

Morning Charts 08/13/2015 SPX /es

You gotta have faith - it's inevitable and the only bullet they have left - Both ECB And BOJ Warn More QE May Be Response To Chinese Currency War - I'm not sure any other commentary is necessary today or maybe even till this happens. Move along. All is well (till it isn't).

On to the lie - 

SPX 30m - for some reason I thing this chart has relevance, but you really prolly only need to be watching the SPX 200dma and the DOW death cross situation.The breakdown of pink support and the backtest yesterday after that ridiculous recovery ... price is actually in a very bearish spot where if the backtest holds this morning a trend change to the negative would be in order. IMO this with the DMAs and such are all the more reason for them to intervene.

SPX Daily - If they could drop price to 44 then there would be some descent positive divergences. Everything is sort of neutral.
 

Freedom watch - 

The explosion in China may possibly get the US framed for a terrorist act or something like that - just saying the blame game may have to happen and sabotage/terror could actually happen.  Just something to think about. 

And this - Why? - Breaking any laws here? Nooooo, not this administration ... no way - 150 Days: Treasury Says Debt Has Been Frozen at $18,112,975,000,000






PGA Championship at a remarkable course this week with a hot competitive field - should be great. 

More to come below. 

Have a good day. 

GL and GB!

Morning Charts 08/12/2015 SPX /es

On to the lie - 

DOW death cross and the SPX opening under the 200dma, how glorious! Now, when do we get the STB "event"?

SPX Daily - Death cross at this support? Monday they had a dramatic stick save at the open to protect cracking support. Then came China devaluation and the new currency war (to add to the cyber war), markets reversed back to support and now we have the inevitable. What can the PPT do? How far will they allow it to fall? Will they let it fall?

The last time we got a DOW death cross was in 2012. As you can see from this chart, that death cross did not last long (Thanks QE4eva!) and every time it has come close since a miraculous stick save has occurred. Where this time? I'd say DOW 13,750 would be the absolute must point, but 16,000 is a more likely spot. 


DOW Daily - 

Speaking of QE, The Fed Is Out Of Options, "QE Is All It Can Do Here" Art Cashin Predicts, so, do we at STB laugh now or later? Again, how is it that a hillbilly, redneck, wanna be technical analyst from SW Georgia can be so accurate with market predictions so far in advance? Simple, do the math and trust that the system is corrupt and completely manipulated. When remains our only question?I've reserved the final top call for this final QE run. We're closing in on that run for the hills moment.

Good simple video that echoes what STB has been preaching for years now.





Freedom watch - 

Hildabeast - will she get out of this mess - you bet! She's AmeriKan royalty. I take that back, she's at the mercy of Obummer's DOJ now. Hmmm, wonder how that's gonna work out. 


More to come below. 

Have a good day. 

GL and GB!

Morning Charts 08/11/2015 SPX /es

What were we saying yesterday about the move in PM's and someone knowing something? Game on! China Enters Currency War - Devalues Yuan By Most On Record.

 Has Greece finally been put to bed? I don't think so, but that's what they want you to believe for now. As STB has hypothesized for years now, the bailout conduit to the EU (think Paulson/AIG post RE bubble burst 2008) is far to valuable to the banks and nations to let go (see Germany). Third Time's The Charm? Greece Agrees To Bailout Amid Rampant Skepticism.


They are moving the rate hike again? LOL, they can't hike and if they do it will last less than three months. Since Goldman is rarely right (not till December) and only makes calls so they can make money, let's defer to the Fed - Did The Apolitical Fed Just Admit It May Not Be Raising Rates Before The Election?  Maybe all that hype for a September hike was just that? LOL, of course it was. Dollar Dumped As Fed's Lockhart Fails To Mention Word "September".  I'll say it again - they can not raise rates. 


On to the lie - 

A coupe of technical posts to take note of (for waht technicals worth these days given the Fed's total control). 

The markets seem to be suffering from a case of bad breadth.
Technical Analysts Warn "Sell Stocks", "Get Defensive", As Momo Weakens And Breadth Breaks Down

 I obviously prefer my charts, but you can look at these as well. Their numbers are right where mine are with surprisingly little analysis. All The S&P 500 Support And Resistance Levels That Matter

SPX 30m - Seems to be a good chart to watch as price continues to consolidate around 2100.

 
Freedom watch - 

And to complete the all ZH link post this morning - Don't Be Fooled By The Political Game: The Illusion Of Freedom In America

 
More to come below. 

Have a good day. 

GL and GB!

Morning Charts 08/10/2015 SPX /es

The bad = good meme is alive and well and has apparently now spread across the globe to China. We all are well versed that across the globe the PPT (Plunge Protection Team) phenomenon has spread faster than kudzu along an interstate. Can a market fall today? Is it possible? Is it even allowed? 

How many billions has China pumped into their markets (not to mention laws against selling, short selling threatening jail and worse to those that go against government market supporting mandates) over the last month? A better question is where does the money to support markets come from? Well, they are dumping US treasuries of course. Maybe you should read this to understand The Story Of America's Debt In 6 Easy Graphics. It will ease your mind about the almost $19 trillion we owe (not).

On to the lie - 


Well, what did you expect? For them to allow the 200dma to get abused along with two or three other critical support points? Not so fast my friend. 


SPX Daily - 

Freedom watch - 

Gun control and the thought police are getting geared up again - here comes Ferguson v 2.0. Just see Drudge.

More to come below. 

Have a good week. 


GL and GB!

Open Weekend Post 08/08-09/2015

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 08/07/2015 SPX /es

Now that the debate and the BLS BS jobs farce are over, lets get back to our regularly rigged programming.


On to the lie - 

SPX Daily - Price remains in a range while BPSPX continues to fall and indicators remain somewhat oversold. This disconnect is not good. It really should not be possible, but it is what it is thanks to a few stocks that distort reality.

SPX 30m - checking support.
 

  Freedom watch - 

Not on a Friday. 

On the debate - I agree with those that say Fox was very unfair to some and IMO intentionally tried to lift others. For those that say tough questions were asked, LOL, not sure I heard one thing about the dollar or the the TBTF/TBTJ. Not one relevant question on how to fix real systemic issues. Not one relevant answer on how to reign in government corruption. My other main thought - all my mind heard was imperialism/expansionism. Rand was the only one concerned with our rights as individuals. 



More to come below. 

Have a good weekend. 

GL and GB!

Morning Charts 08/06/2015 SPX /es

Pretty sure most of you have seen this but if not then take a look. 8 Financial Experts That Are Warning That A Great Financial Crisis Is Imminent. The list of immanent doomers is growing at a rather startling pace. To discuss such an event is sacrilegious to and a real CLM in the financial world. How dare they question the authority or challenge the Fed's eminence. The truth hurts. No one wants to hear it or even consider it. Sorry, but those that can see the light and do what is necessary to prepare will be the real winners in the hard times to come.



On to the lie - 

Just hanging on till the Fed gives direction. Bad=Good still the main directive. My question is what data does the Fed need to raise rates? I'd expect to see data (real or fake ... well, fake) that will allow such an event. 


SPX Daily - Still in consolidation mode waiting on jobs and Fed clarity. It's not often you see the 20, 50 and 100 dma's wrapped up in a nice and tidy bundle. Usually when this happens we're at some sort of important top or bottom.

Freedom watch - 

Trump tonight! What sort of made for TV reality event do we get tonight from the GOP? The man that speaks the truth and calls out the establishment vs. a bunch of career politicians hit the stage. This could get really good.



More to come below. 

Have a good day. 

GL and GB!

Morning Charts 08/05/2015 SPX /es

Not much to say as the corruption train continues down its self destructive path. Bad = Good overwhelms everything. Greece issues still remain, but I guess it's time to start really focusing on the rate hike drama. STB 'event' worthy catalysts abound. 
 

On to the lie - 

SPX 30m - Consolidation should continue.Late yesterday the indicators pos div made this pop this morning not that big a surprise.
 

Freedom watch - 

If you have not seen Politicians from Both Sides of the Aisle: Corruption Has Destroyed America you should read it. Nothing surprising, just more fact based horror to add to the Orwellian mix.

• “When some think tank comes up with the legislation and tells you not to fool with it, why are you even a legislator anymore? You just sit there and take votes and you’re kind of a feudal serf for folks with a lot of money.”

We will be here before you know it - 'concentration rehab camp'(except for the fixing sexuality part). 

And I'm not positive about this, but if a white dude said what Farrakhan said he'd be locked up faster than stink on shit.


More to come below/ 

Have a good day. 

GL and GB!

Morning Charts 08/04/2015 SPX /es

this is the morning post. Sorry, I have to take my dog Spencer to the vet this morning, so I will more than likely not be in by the open. I'll continue to lean south having triple support at 2069 as the ultimate near term floor.


Have a good day.

GL and GB!

Morning Charts 08/03/2015 SPX /es

Often discussed here at STB in the comments section - Bullish/Bearish indicators - what does sentiment mean today? Well, as usual I poo poo most anything that has any sort of number derived from government or market sources (which is about every number). I'm not sure anything can be believed today (and most of you agree with that). 

So, what do we do? Well, in olden days we'd all follow the road signs and have a high degree of probability in being correct. Today IS different in the bad = good or good = bad world they have manufactured. You tell me, what does a market signal that says buy mean in a way overbought, controlled, volume less, lack of liquidity driven market that functions more on reactions to news than fundamentals? 

LOL! Citadel barred from trading in China? If that happened here we might as well close the doors and all go home.
On to the lie - 

SPX Daily - Range bound - its a large range, but appears to have lost the ability to lift.

Freedom watch - 

I think we were there first, but ... Have you noticed that there is a tremendous amount of Internet buzz about the month of September 2015?





More to come below. 

Have a good week. 

GL and GB!