If you see it, share it. I will as well.
Have a good weekend.
GL and GB!
Friday, April 29, 2016
Open Weekend Post 04/30-01/2016
If you see it, share it. I will as well.
Have a good weekend.
GL and GB!
Morning Charts 04/29/2016 SPX /es
Simple - all we can do is wait - Icahn: Markets will have 'a day of reckoning'. When? No one knows, but the bottom line is it will come as sure as the sun rises every day.
On to the lie-
SPX Daily - Resistance, busted blue wedge support and that nasty daily candle yesterday. Does not look good for bully.
SPX Weekly - I'm gonna try and stick with my hopes of one last dump and pump to set a final weekly neg div and send this thing to its grave in an appropriate technical manner. This is not necessary, but what I'd prefer to see.
More to come below.
Have a good weekend.
GL and GB!
On to the lie-
SPX Daily - Resistance, busted blue wedge support and that nasty daily candle yesterday. Does not look good for bully.
SPX Weekly - I'm gonna try and stick with my hopes of one last dump and pump to set a final weekly neg div and send this thing to its grave in an appropriate technical manner. This is not necessary, but what I'd prefer to see.
More to come below.
Have a good weekend.
GL and GB!
Thursday, April 28, 2016
Morning Charts 04/28/2016 SPX /es
Pretty simple - you take the candy away and everyone cries - Japanese Bloodbath After BoJ Disappoints - Nikkei Drops 1000 Points, USDJPY Crashes.
On to the lie -
Read this - 2.607 Days Later, The "Most Hated Bull Market Ever" Is Now The Second Longest In History
SPX 30m - Maybe that RS and the HnS is gonna play out. Sadly it takes an event to make it happen and natural forces can't do it on their own. She's been trying to roll over for weeks now, maybe this will be one of the last straws?
Freedom watch -
Hmmm - The Mysterious Case of Ted Cruz PAC’s $1/2 Million ‘Donation’ to Help Carly Fiorina
More to come below.
Have a good day.
GL and GB!
On to the lie -
Read this - 2.607 Days Later, The "Most Hated Bull Market Ever" Is Now The Second Longest In History
SPX 30m - Maybe that RS and the HnS is gonna play out. Sadly it takes an event to make it happen and natural forces can't do it on their own. She's been trying to roll over for weeks now, maybe this will be one of the last straws?
Freedom watch -
Hmmm - The Mysterious Case of Ted Cruz PAC’s $1/2 Million ‘Donation’ to Help Carly Fiorina
“And you have to wonder whether these women, one of whom worked for the Carly Fiorina campaign, and then shortly thereafter Ted Cruz pays Carly half a million dollars. Ted despises Carly, and Carly despises Ted. What is the $500,000 for? Can you say hush money?”
More to come below.
Have a good day.
GL and GB!
Wednesday, April 27, 2016
Morning Charts 04/27/2016 SPX /es
Apple - Schmapple - It's all about Grandma - Futures Ignore Apple Plunge; Oil Rises Above $45 As Yellen Looms.
On to the lie -
Nothing maters till Granny gives marching orders.
SPX 5m - Just about the same situation three weeks ago where everything looked south and they lit an afterburner. Not saying that's gonna happen, but with gravity going its thing to AAPL she may choose to light another fuse.
Freedom watch -
It's their club and you ain't in it. What this tells me is that 50% of Americans are ignorant as hell - Which 50% do you think I'm talking about? Exclusive: Half of Americans think presidential nominating system 'rigged' - poll
More to come below.
Have a good day.
GL and GB!
On to the lie -
Nothing maters till Granny gives marching orders.
SPX 5m - Just about the same situation three weeks ago where everything looked south and they lit an afterburner. Not saying that's gonna happen, but with gravity going its thing to AAPL she may choose to light another fuse.
Freedom watch -
It's their club and you ain't in it. What this tells me is that 50% of Americans are ignorant as hell - Which 50% do you think I'm talking about? Exclusive: Half of Americans think presidential nominating system 'rigged' - poll
More to come below.
Have a good day.
GL and GB!
Tuesday, April 26, 2016
Morning Charts 04/26/2016 SPX /es
Sure, this makes all the sense in the world we're roughly 50 points away from ATH and what ..... ? "This Is The Longest Uninterrupted Selling Streak In History" - Smart Money Sells Stocks For Record 13 Consecutive Weeks. The poor sheeple saps. What the sheeple think is a great deal is not reality as markets continue to rise and provide the mask for the elite's wealth transfer scam.
On to the lie -
All that matters today - As Fed Meeting Begins Futures Are Flat In Sleepy Session; Apple Earnings On Deck
SPX 30m - Possible HnS.
SPX 60m - She's still trying to roll over. The large wedge has busted support and price has overthrown all sorts of other formations.
Freedom watch -
Again - for those with a fixed pension income - it CAN happen to you as well and most likely will - Major UK Pension Fund Slashes Benefits As Funding Crisis Spreads
More to come below.
Have a good day.
GL and GB!
On to the lie -
All that matters today - As Fed Meeting Begins Futures Are Flat In Sleepy Session; Apple Earnings On Deck
SPX 30m - Possible HnS.
SPX 60m - She's still trying to roll over. The large wedge has busted support and price has overthrown all sorts of other formations.
Freedom watch -
Again - for those with a fixed pension income - it CAN happen to you as well and most likely will - Major UK Pension Fund Slashes Benefits As Funding Crisis Spreads
More to come below.
Have a good day.
GL and GB!
Monday, April 25, 2016
Morning Charts 04/25/2016 SPX /es
Well they made it easy for us this week and gave us a road map - Key Events In The Coming Central Bank-Heavy Week.
On to the lie -
You should prolly look at this - On April 28th, The US Equity "Bull Market" Will Become The Second Longest Ever
SPX 60m - Wedge support is gone. It keeps trying to roll over, bless its soul, but just can't (or they won't let it).
Freedom watch -
Pretty simple - they are taking it all - for themselves - The UN and the Oiligarchs Are Teaming Up to Take Over the Oceans
More to come below.
Have a good week.
GL and GB!
On to the lie -
You should prolly look at this - On April 28th, The US Equity "Bull Market" Will Become The Second Longest Ever
SPX 60m - Wedge support is gone. It keeps trying to roll over, bless its soul, but just can't (or they won't let it).
Freedom watch -
Pretty simple - they are taking it all - for themselves - The UN and the Oiligarchs Are Teaming Up to Take Over the Oceans
More to come below.
Have a good week.
GL and GB!
Friday, April 22, 2016
Open Weekend Post 04/23-24/2016
If you see it, share it. I will as well.
Have a good weekend.
GL and GB!
Morning Charts 04/22/2016 SPX /es
Not much to say today.
On to the lie -
SPX Weekly -Would love to see a pop to ATH to set these negative divergences.
More to come below.
Have a good weekend.
GL and GB!
On to the lie -
SPX Weekly -Would love to see a pop to ATH to set these negative divergences.
More to come below.
Have a good weekend.
GL and GB!
Thursday, April 21, 2016
Morning Charts 04/20/2016 SPX /es
Draghi and more insanity. It is what it is till it isn't. Enjoy it while it lasts, cause when it's over - it's over.
On to the lie -
SPX 60m - If we can somehow get them to overthrow the upper blue wedge resistance - that would be a spectacular short point. Until then it can literally do anything. Tired, OB, ridiculous, manipulated - however you want to describe it - it is what it is.
SPX Daily - OB - I'm really wanting a pop to set neg divs on the weekly chart.
Freedom watch -
I have not addressed this recently, but years ago it was one of my favorite rants (along with many) - the coming pension crisis. Note to those of you sitting at home drawing a pension that's (to some) unrealistic - ya better start saving and stop spending. That or you better feel the Bern. "This Is Going To Be A National Crisis" - One Of The Largest U.S. Pension Funds Set To Cut Retiree Benefits
It's not your country anymore - Additional Evidence of Mind-Boggling Fraud Emerges from the New York Primary Add that Project Verias is about to release a new video on voter fraud.
More to come below.
Have a good day.
GL and GB!
On to the lie -
SPX 60m - If we can somehow get them to overthrow the upper blue wedge resistance - that would be a spectacular short point. Until then it can literally do anything. Tired, OB, ridiculous, manipulated - however you want to describe it - it is what it is.
SPX Daily - OB - I'm really wanting a pop to set neg divs on the weekly chart.
Freedom watch -
I have not addressed this recently, but years ago it was one of my favorite rants (along with many) - the coming pension crisis. Note to those of you sitting at home drawing a pension that's (to some) unrealistic - ya better start saving and stop spending. That or you better feel the Bern. "This Is Going To Be A National Crisis" - One Of The Largest U.S. Pension Funds Set To Cut Retiree Benefits
It's not your country anymore - Additional Evidence of Mind-Boggling Fraud Emerges from the New York Primary Add that Project Verias is about to release a new video on voter fraud.
More to come below.
Have a good day.
GL and GB!
Wednesday, April 20, 2016
Morning Charts 04/20/2016 SPX /es
Like I've been saying for years and I love it when confirmation rolls in from the experts - Eric Hunsader: The Financial System Is "Absolutely, Positively Rigged". Believe it or not, it's real, it's rigged.
And you need to read this one as well - Stocks Are In "A Far More Precarious State Than Was Ever Truly Believed Possible"
On to the lie -
SPX 60m - I like the fact that right now the 38% retacement of this run is at 1990 support. Makes a nice round spot for a reversal. All sorts of critical support out to the right of price on this chart. Sub 64 and then 48 and it's game on a gain. Bears got a lot of work to do to get to that point though. Right now Grandma is working her magic.
Freedom watch -
Worth a look - Paul Craig Roberts: How The American Neocons Destroyed Mankind's Hopes For Peace
More to come below.
Have a good day.
GL and GB!
And you need to read this one as well - Stocks Are In "A Far More Precarious State Than Was Ever Truly Believed Possible"
On to the lie -
SPX 60m - I like the fact that right now the 38% retacement of this run is at 1990 support. Makes a nice round spot for a reversal. All sorts of critical support out to the right of price on this chart. Sub 64 and then 48 and it's game on a gain. Bears got a lot of work to do to get to that point though. Right now Grandma is working her magic.
Freedom watch -
Worth a look - Paul Craig Roberts: How The American Neocons Destroyed Mankind's Hopes For Peace
More to come below.
Have a good day.
GL and GB!
Tuesday, April 19, 2016
Morning Charts 04/19/2016 SPX /es
It's their market - that's all I got to say up here today.
On to the lie -
Round numbers bitchez! DOW, SPX and NAS. They are all that matters. It appears that "their" goal is being accomplished.
SPX 60m - It's trying its best to roll over, 'they' just won't let it.
SPX 5m -
Freedom watch -
An STB public service reminder in case you need a refresher - Saint Or Sinner - Government Eyes Are Watching Every Move You Make.
Add to the above - The Whole System Is Built Upon Lies And "We're In The Terminal Phase"
And like I've been telling you - Obama: We Can’t Let Truth Come Out About Saudi Involvement In 9/11, Or Else America’s Terrorism Will Be Revealed
And for my buddy Geo who threw out the 'tin foil hat conspiracy' idea last night - just go to this site and spend some time there - http://www.ae911truth.org/ You will come back a changed man.
And - Why The Media Lies So Much
More to come below.
Have a good day.
GL and GB!
On to the lie -
Round numbers bitchez! DOW, SPX and NAS. They are all that matters. It appears that "their" goal is being accomplished.
SPX 60m - It's trying its best to roll over, 'they' just won't let it.
SPX 5m -
Freedom watch -
An STB public service reminder in case you need a refresher - Saint Or Sinner - Government Eyes Are Watching Every Move You Make.
"Every move you make is being monitored, mined for data, crunched, and tabulated in order to form a picture of who you are, what makes you tick, and how best to control you when and if it becomes necessary to bring you in line."
Add to the above - The Whole System Is Built Upon Lies And "We're In The Terminal Phase"
And like I've been telling you - Obama: We Can’t Let Truth Come Out About Saudi Involvement In 9/11, Or Else America’s Terrorism Will Be Revealed
And for my buddy Geo who threw out the 'tin foil hat conspiracy' idea last night - just go to this site and spend some time there - http://www.ae911truth.org/ You will come back a changed man.
And - Why The Media Lies So Much
More to come below.
Have a good day.
GL and GB!
Monday, April 18, 2016
Morning Charts 04/18/2016 SPX /es
Pay up day.
Worth a look if you can deal with the truth - "This Will All Blow Up In The Fed's Face," Schiff Warns "Trump's Right, America Is Broke"
Just waiting on the STB Event at this point.
On to the lie -
After all the Fed has done over the past few weeks to try and achieve lift off - are they about to lose the battle?
SPX 30m - Rollover continues (Black, Red, Blue formations) and fear/anger builds (finally). Small HnS on the 5m chart from Friday. Island gap and the 64 (major s/r) area will be the first key point.
SPX 60m - 64 area will be critical to holding blue wedge support - so if 64 goes it could be a major look out moment.
Freedom watch -
World's most powerful nation? LMAO we've devolved into a pathetic excuse of a former global powerhouse - Saudi King And Princes Blackmail The U.S. Government: What Happens Next. Like I said yesterday, the whole treasury deal is a smoke screen - we can't go down the path of blaming the Saudis for one simple reason - the US is more guilty than they are - they paid for it and we enabled it.
More to come below.
Have a good week.
GL and GB!
Worth a look if you can deal with the truth - "This Will All Blow Up In The Fed's Face," Schiff Warns "Trump's Right, America Is Broke"
Just waiting on the STB Event at this point.
On to the lie -
After all the Fed has done over the past few weeks to try and achieve lift off - are they about to lose the battle?
SPX 30m - Rollover continues (Black, Red, Blue formations) and fear/anger builds (finally). Small HnS on the 5m chart from Friday. Island gap and the 64 (major s/r) area will be the first key point.
SPX 60m - 64 area will be critical to holding blue wedge support - so if 64 goes it could be a major look out moment.
Freedom watch -
World's most powerful nation? LMAO we've devolved into a pathetic excuse of a former global powerhouse - Saudi King And Princes Blackmail The U.S. Government: What Happens Next. Like I said yesterday, the whole treasury deal is a smoke screen - we can't go down the path of blaming the Saudis for one simple reason - the US is more guilty than they are - they paid for it and we enabled it.
More to come below.
Have a good week.
GL and GB!
Friday, April 15, 2016
Open Weekend Post 04/16-17/2016
If you see it, share it. I will as well.
Have a good weekend.
GL and GB!
Morning Charts 04/15/2016 SPX /es
This is pretty good - Fed Cornered: Stocks Slump As "Everything Is Awesome" In China: GDP Meets, Rest Of Data Beats. Remember they want worse not better. When things get better then there is no need to ease and raising rates needs to become the norm. Hmmm ... how's that worked out for ya Grandma?
"Now The Fed has a problem - solid inflation, solid wages, solid jobs, and no global turmoil - we are going to need some turmoil soon or rates are going up."Gold prices ... rigged! Now way. Say it isn't so. Impossible.
On to the lie -
Starting to feel the fear a bit more. Not a slow build this time, more like a lightning bolt shot where everyone went from complacent to rage in a couple of weeks.
SPX Daily - Resistance.
SPX 30m - OK, I altered the rising blue wedge - hopefully for the last time.
More to come below.
Havea good weekend.
GL and GB!
Thursday, April 14, 2016
Morning Charts 04/14/2016 SPX /es
Do I really need to comment on this - The Fed Just Held An Emergency Meeting To Discuss Capital Markets.
Read this and tell me if we're in a recession or not - Inventories and Sales: How Bad Are They? Study in Pictures.
On to the lie - Whatever. Just try and hang on. This is the second exceptional top setup they've crushed this month. It is their market, and don't you ever forget that.
SPX 15m -
SPX Weekly - Pretty obvious the resistance the Fed wants to try and take out.
Freedom watch -
Robert De Niro on ‘Vaxxed’: ‘The movie is something that people should see’
More Smoking Guns Of Temperature Collusion And Fraud
More to come below.
Have a good day.
GL and GB!
"We do know, however, that it is a very busy week for unexpected, emergency meeting for the Fed, because according to the Fed's board meeting website, today at 3pm the Fed held yet another previously unscheduled "meeting under expedited procedures", only instead of discussing rates this time, the Fed talked about institutions, infrastructure and financial markets."I mean what more can you say than this -
"We also will never know if there is any coincidence between these two meeting and the fact that just after they took place, the S&P went from red on the year to fresh 2016 highs in under two days."
Read this and tell me if we're in a recession or not - Inventories and Sales: How Bad Are They? Study in Pictures.
On to the lie - Whatever. Just try and hang on. This is the second exceptional top setup they've crushed this month. It is their market, and don't you ever forget that.
SPX 15m -
SPX Weekly - Pretty obvious the resistance the Fed wants to try and take out.
Freedom watch -
Robert De Niro on ‘Vaxxed’: ‘The movie is something that people should see’
More Smoking Guns Of Temperature Collusion And Fraud
More to come below.
Have a good day.
GL and GB!
Wednesday, April 13, 2016
Morning Charts 04/13/2016 SPX /es
Well, Souper and I have been saying it for years now - at least since 2011 if not before - "they" can't let the market fall". See SocGen: "Now We Know Why The Fed Desperately Wants To Avoid A Drop In Equity Markets" for one good assumption of why. Bottom line is the market is the lipstick on the pig.
On to the lie -
SPX 60m - Resistance and what the Fed is doing their best to drive price through. Oh, and the massive hole below if they fail. That lower black support diagonal keeps getting farther and farther away.
Freedom watch -
Something I used to focus on quite a bit - maybe it's time to get back on top of this subject - The Collective Funding Shortfall of US Public Pension Funds Is THREE TIMES LARGER than Official Figures Showed, and Is Getting Bigger. Pensions - LOL. If you count on them, sadly, you better be getting an alternative funding plan.
More to come below.
Have a good day.
GL and GB!
"As such asset prices (i.e. equity markets) and asset price risk (i.e. equity volatility) are far bigger concerns. So all you need for a balance sheet crisis is declining equity markets, a phenomenon the Fed appears desperate to avoid."and
"Well that, and another reason: as of this moment one can measure the daily credibility of central banks by whether stocks closed higher or lower; too low and everyone starts talking about how CBs no longer have credibility and how they would rather Yellen et al would stop micromanaging everything... and then everyone quiets down when stocks surge back to all time highs. Alas, this means that the markets have not only stopped being a discounting mechanism (or rather they only discount what central banks will do in the immediate future), but have also stopped reflecting the underlying economy a long time ago, something will remains lost on all of the "smartest people in the room.""
On to the lie -
SPX 60m - Resistance and what the Fed is doing their best to drive price through. Oh, and the massive hole below if they fail. That lower black support diagonal keeps getting farther and farther away.
Freedom watch -
Something I used to focus on quite a bit - maybe it's time to get back on top of this subject - The Collective Funding Shortfall of US Public Pension Funds Is THREE TIMES LARGER than Official Figures Showed, and Is Getting Bigger. Pensions - LOL. If you count on them, sadly, you better be getting an alternative funding plan.
More to come below.
Have a good day.
GL and GB!
Tuesday, April 12, 2016
Morning Charts 04/12/2016 SPX /es
Don't feel like fussing this morning. Alas, I'll address a couple of things. First this wonderful post Silver Soars, Stocks Slump As Equity "Fear" Hits All-Time Record High that's chocked full of lovely pictures that paint a terrible picture for Mr. Market's future. The last one was my favorite. To carry on with the "STB's just not feeling the fear" theme that they've been preaching the last few weeks -
Second, I'm pretty sure you don't want to hear my earnings rant for the 20th+ time, so I'll simply present the evidence first - See Behold Accounting Magic 101: This Is How Alcoa Just "Beat" Consensus EPS. Like I always say, beat then lower the hurdle quietly for an easy beat again. Rinse/Repeat.
On to the lie -
SPX 5m - It took quite some time but the roll over finally found some form. I was happy when upper red resistance held yd. If this is for real, then red support should fail at some point and a steeper falling wedge should form (that will eventually fail again). If that's a descending triangle with support at 43, then it targets 2010. They are trying to push it up this morning, so be cautious.
Freedom watch -
In case u had not heard - ur no longer allowed to decide who your leader is. The elite can not let the plebes decide anything - GOP braces for rules fight that could decide 2016 nomination.
More to come below.
Have a good day.
GL and GB!
Second, I'm pretty sure you don't want to hear my earnings rant for the 20th+ time, so I'll simply present the evidence first - See Behold Accounting Magic 101: This Is How Alcoa Just "Beat" Consensus EPS. Like I always say, beat then lower the hurdle quietly for an easy beat again. Rinse/Repeat.
"And then remember when Alcoa beat last quarter on non-GAAP EPS of $0.07? Well, that was just quietly revised to $0.04."
On to the lie -
SPX 5m - It took quite some time but the roll over finally found some form. I was happy when upper red resistance held yd. If this is for real, then red support should fail at some point and a steeper falling wedge should form (that will eventually fail again). If that's a descending triangle with support at 43, then it targets 2010. They are trying to push it up this morning, so be cautious.
Freedom watch -
In case u had not heard - ur no longer allowed to decide who your leader is. The elite can not let the plebes decide anything - GOP braces for rules fight that could decide 2016 nomination.
More to come below.
Have a good day.
GL and GB!
Monday, April 11, 2016
Morning Charts 04/11/2016 SPX /es
OK, I'm actually going to refer to a CNBS post this morning, but only cause it covers lots of stuff - Lots to rock the market in the week ahead. You can also see Key U.S. Events In The Coming Week.
Were gonna start the week with the "expedited procedures" Fed meeting with Obummer following that up with a surprise sit down with Grandma. All this with the start of earnings upon us and basically total and utter turmoil (being ignored) across the globe. I've been asking, why are they protecting this top? What's up? I guess we're gonna find out soon enough. I'll reiterate - things are really F'd up and right now fear is being managed really well IMHO. I have a feeling that's not gonna last much longer.
On to the lie -
SPX 30m - It should have rolled over a few weeks ago but Grandma stopped that. Now we're into another rollover situation where all NT and rising support is gone backed by negative divergences all that way up to the daily charts. We got the dip n rip I wanted to set those daily neg divs. Now will they allow them to play out? Possible HnS setting up below. The roll over should be in place and free fall should commence, but with this crowd - you never bet ahead of the Fed - Follow The Fed!
Freedom watch -
Discussed here before many times, but in case you missed it - you need to know - 28 Blank Pages: Washington’s Cover-Up Of The Saudi Role In The 9/11 Terrorist Attack Continues.
More to come below.
Have a good day.
GL and GB!
Were gonna start the week with the "expedited procedures" Fed meeting with Obummer following that up with a surprise sit down with Grandma. All this with the start of earnings upon us and basically total and utter turmoil (being ignored) across the globe. I've been asking, why are they protecting this top? What's up? I guess we're gonna find out soon enough. I'll reiterate - things are really F'd up and right now fear is being managed really well IMHO. I have a feeling that's not gonna last much longer.
On to the lie -
SPX 30m - It should have rolled over a few weeks ago but Grandma stopped that. Now we're into another rollover situation where all NT and rising support is gone backed by negative divergences all that way up to the daily charts. We got the dip n rip I wanted to set those daily neg divs. Now will they allow them to play out? Possible HnS setting up below. The roll over should be in place and free fall should commence, but with this crowd - you never bet ahead of the Fed - Follow The Fed!
Freedom watch -
Discussed here before many times, but in case you missed it - you need to know - 28 Blank Pages: Washington’s Cover-Up Of The Saudi Role In The 9/11 Terrorist Attack Continues.
More to come below.
Have a good day.
GL and GB!
Friday, April 8, 2016
Open Weekend Post 04/09-10/2016
If you see it, share it. I will as well.
Have a good weekend.
GL and GB!
Morning Charts 04/08/2016 SPX /es
Well, this throws a wrench into the engine - Fed To Hold Closed, Unexpected Meeting Under "Expedited Procedures" On Monday To Discuss Rates. I'll say this, Grandma did get this right, "I wouldn’t describe this as a bubble economy." She's spot on. We have a bubble market hiding a decaying, rotten, crumbling economy.
On to the lie -
SPX 30m - Still lost in the woods technically, but may be closer to the edge than we think. The charts may be predicting (based on several major patter breakdowns and OB conditions) another rate hike is coming from the Fed.
More to come below.
Have a great Masters weekend.
GL and GB!
On to the lie -
SPX 30m - Still lost in the woods technically, but may be closer to the edge than we think. The charts may be predicting (based on several major patter breakdowns and OB conditions) another rate hike is coming from the Fed.
More to come below.
Have a great Masters weekend.
GL and GB!
Thursday, April 7, 2016
Morning Charts 04/07/2016 SPX /es
Masters begins today, so expect me to be distracted.
Funny, I'm not really sensing this as in the past - "There Is A Lot Of Fear In The Market" - Stocks, Futures Slide After Yen Soars. The reason for real fear is undeniable, but the Fed backstop has this tempered - at least for now. Their move back to a confused state, and their push for higher highs up here (stick saving tops and not a bottom) as noted has me baffled (really concerned more like it).
On to the lie -
SPX Daily - Shoulda, woulda, coulda, still might? Who knows. Short term charts are a mess and Fed speak still has everyone afraid to get short after two great short setups were disposed of in order by the powers that be.
Freedom watch -
Reaching for the bottom - Happy Beltane? Temple Of Baal In New York Is Going Up Just Before Baal’s Biggest Day Of The Year. Looking for real tangible signs the end is near and the antichrist is here or close? Well - April 19: Temple Of Baal In New York Is Going Up Same Day The Blood Sacrifice To The Beast Begins
More to come below.
Have a good day.
GL and GB!
Funny, I'm not really sensing this as in the past - "There Is A Lot Of Fear In The Market" - Stocks, Futures Slide After Yen Soars. The reason for real fear is undeniable, but the Fed backstop has this tempered - at least for now. Their move back to a confused state, and their push for higher highs up here (stick saving tops and not a bottom) as noted has me baffled (really concerned more like it).
On to the lie -
SPX Daily - Shoulda, woulda, coulda, still might? Who knows. Short term charts are a mess and Fed speak still has everyone afraid to get short after two great short setups were disposed of in order by the powers that be.
Freedom watch -
Reaching for the bottom - Happy Beltane? Temple Of Baal In New York Is Going Up Just Before Baal’s Biggest Day Of The Year. Looking for real tangible signs the end is near and the antichrist is here or close? Well - April 19: Temple Of Baal In New York Is Going Up Same Day The Blood Sacrifice To The Beast Begins
More to come below.
Have a good day.
GL and GB!
Wednesday, April 6, 2016
Morning Charts 04/06/2016 SPX /es
And some wonder why my posts are not as insightful or elaborate as they used to be ... well, many years ago I simply started reminding everyone everyday to simply "follow the Fed" - "So “investing” has morphed into simply front-running the decisions of unelected central planners. That’s all there is to it." Sadly, there is really nothing more to it.
On to the lie -
SPX 30m - Yesterday I said, "Watch the 56 area and those MA's on this chart for initial support." Well, here we are, and they're at least producing a pop at the open. Technically we're at another point where breakdown SHOULD be happening. Failure to some degree really should happen here (as it should have happened back on March 29th but Grandma screwed that up). We're still in the midst of a bunch of Fed speak and they are leaning Doveish. Thus it appears at this moment reality may take a back seat again. It shouldn't, but it's their market (see link above).
Freedom watch -
Not sure how long they are gonna be able to suppress this - Rothschild Humiliates Obama, Reveals That "America Is The Biggest Tax Haven In The World". And this may be the start of the war - Shots Fired: Wikileaks Accuses Panama Papers' Leaker Of Being "Soros-Funded, Soft-Power Tax Dodge".
More to come below.
Have a good day.
GL and GB!
On to the lie -
SPX 30m - Yesterday I said, "Watch the 56 area and those MA's on this chart for initial support." Well, here we are, and they're at least producing a pop at the open. Technically we're at another point where breakdown SHOULD be happening. Failure to some degree really should happen here (as it should have happened back on March 29th but Grandma screwed that up). We're still in the midst of a bunch of Fed speak and they are leaning Doveish. Thus it appears at this moment reality may take a back seat again. It shouldn't, but it's their market (see link above).
Freedom watch -
Not sure how long they are gonna be able to suppress this - Rothschild Humiliates Obama, Reveals That "America Is The Biggest Tax Haven In The World". And this may be the start of the war - Shots Fired: Wikileaks Accuses Panama Papers' Leaker Of Being "Soros-Funded, Soft-Power Tax Dodge".
More to come below.
Have a good day.
GL and GB!
Tuesday, April 5, 2016
Morning Charts 04/05/2016 SPX /es
Congrats to LC1 and LC2 for winning the STB NCAA challenge. Yes, he took both top spots. Well done. Strange stat - not one person picked the champion for the first time ever in my group. Thanks to all that played.
Fed speak all week, so don't be surprised at some very
On to the lie -
Well, late yesterday I said, "SPX gonna close at a dangerous spot for both sides - right below 64. Bully needs to save support (bad 4 bear) and if they gap down at the open or fall below 59 a waterfall is quite possible. So, do they stick save it or does it crack and weakness is exposed?" Looks like weakness to me - at the moment at least - this can change in an instant with some well timed Fed speak.
Yen, easing, oil - pick ur poison. Nothing rational drives market prices anymore. Such a crap shoot with fundamentals irrelevant (all data is BS) and technicals only coming into play on days when there is no news.
SPX 30m - The rally has broken down. It should be reversing (shoulda started a week ago). Will it, or should I say will they allow it? Watch the 56 area and those MA's on this chart for initial support.
SPX 60m - again - I don't have a better chart right now and have not had for over a month. Only question is - do technicals matter or not? Overbought? Yes, check out the indicators on a daily chart. 461 of the SPX are above their 50dma's? I'm still on the side of a pullback and pop before we get a real big breakdown.
Freedom watch -
It begins, continues really - Was There A Run On The Bank? JPM Caps Some ATM Withdrawals. Capital controls will come. You've been warned. (another here)
And - Who are the 400+ Americans on the list and why are they hidden - Are Corporate Gatekeepers Protecting Western Elites from the Leaked Panama Papers?
More to come below.
Have a good day.
GL and GB!
Fed speak all week, so don't be surprised at some very
On to the lie -
Well, late yesterday I said, "SPX gonna close at a dangerous spot for both sides - right below 64. Bully needs to save support (bad 4 bear) and if they gap down at the open or fall below 59 a waterfall is quite possible. So, do they stick save it or does it crack and weakness is exposed?" Looks like weakness to me - at the moment at least - this can change in an instant with some well timed Fed speak.
Yen, easing, oil - pick ur poison. Nothing rational drives market prices anymore. Such a crap shoot with fundamentals irrelevant (all data is BS) and technicals only coming into play on days when there is no news.
SPX 30m - The rally has broken down. It should be reversing (shoulda started a week ago). Will it, or should I say will they allow it? Watch the 56 area and those MA's on this chart for initial support.
SPX 60m - again - I don't have a better chart right now and have not had for over a month. Only question is - do technicals matter or not? Overbought? Yes, check out the indicators on a daily chart. 461 of the SPX are above their 50dma's? I'm still on the side of a pullback and pop before we get a real big breakdown.
Freedom watch -
It begins, continues really - Was There A Run On The Bank? JPM Caps Some ATM Withdrawals. Capital controls will come. You've been warned. (another here)
And - Who are the 400+ Americans on the list and why are they hidden - Are Corporate Gatekeepers Protecting Western Elites from the Leaked Panama Papers?
More to come below.
Have a good day.
GL and GB!
Monday, April 4, 2016
Morning Charts 04/04/2016 SPX /es
Well, this is interesting - About That Historic Q1 Market Rebound: 24 Of 26 Massive Snapback Rallies Occurred Within A Secular Bear Market. On the other hand, How many of these "secular bear markets" occurred in an environment like today where the Fed is in total control and nothing is real? Maybe one or two? STB word of caution, never forget the Fed is in control.
You need to note the Key U.S. Events In The Coming Week. Anytime the Fed speaks, we must listen. (M, T, W, Th).
And outta the closet comes Greece - Christine Lagarde rebuffs claims IMF is pushing for a crisis in Greece
On to the lie -
SPX 60m - Pretty nasty setup here especially with the daily indicators all pegged out.With Fed speakers every day but Friday this week, I suggest you remain nimble.
Freedom watch -
Wow - Largest Leak Ever: Whistleblower Reveals Global Elite Crime Network - The Panama Papers: 2.6 TB of leaked data
More to come below.
Have a good week.
GL and GB!
You need to note the Key U.S. Events In The Coming Week. Anytime the Fed speaks, we must listen. (M, T, W, Th).
And outta the closet comes Greece - Christine Lagarde rebuffs claims IMF is pushing for a crisis in Greece
On to the lie -
SPX 60m - Pretty nasty setup here especially with the daily indicators all pegged out.With Fed speakers every day but Friday this week, I suggest you remain nimble.
Freedom watch -
Wow - Largest Leak Ever: Whistleblower Reveals Global Elite Crime Network - The Panama Papers: 2.6 TB of leaked data
More to come below.
Have a good week.
GL and GB!
Friday, April 1, 2016
Open Weekend Post 04/02-03/2016
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!
If you see it, share it. I will as well.
Have a good weekend.
GL and GB!
Morning Charts 04/01/2016 SPX /es
April Fools Day! IMO every day is a fools day living in the falsified conditions 'they've' manufactured.
The market just broke.
On to the lie -
Half full or half empty - Worst Case Scenario: 73% Down From Here. That's far, far, far away from a worse case scenario. 75 to 80% price reduction scenario works for me. It's the form of the market or what's left after the carnage to salvage and how that recovery forms is what scares the heck out of me. If you think it's owned and contrived now, just you wait. Who "owns" what, or what you may no longer own - now that's where we get into a real life worst case scenario.
Right now may be one of those 'exit points' you may want to take. The elevator only goes back up so many times before the cables fail and down she goes. With each trip back up they stop further and further down from the penthouse. You only get so many opportunities to get off on one of the upper floors. This may be one of those.
SPX 30m - What was a really good setup for a fall three weeks ago has only gotten better.
SPX 60m - Wedge drives into and ends at resistance.
SPX Weekly - This has the potential to be the last major top of all the rebounds. With the Fed turning uber doveish at this time, that may be some sort of clue as to the dangers of this resistance point to their fraudulent market.
Freedom watch -
Don't even think for one second it can't be done - How to Hack an Election - Andrés Sepúlveda rigged elections throughout Latin America for almost a decade. He tells his story for the first time.
And since we discuss evil taking over the world quite a bit here, following up on the 'Temple of Baal' to go up in New York, London we covered yesterday why not add this to the evidence that the world may be turning upside down - Exorcism is making a comeback — and big news — worldwide
More to come below.
Have a good weekend.
GL and GB!
The market just broke.
On to the lie -
Half full or half empty - Worst Case Scenario: 73% Down From Here. That's far, far, far away from a worse case scenario. 75 to 80% price reduction scenario works for me. It's the form of the market or what's left after the carnage to salvage and how that recovery forms is what scares the heck out of me. If you think it's owned and contrived now, just you wait. Who "owns" what, or what you may no longer own - now that's where we get into a real life worst case scenario.
Right now may be one of those 'exit points' you may want to take. The elevator only goes back up so many times before the cables fail and down she goes. With each trip back up they stop further and further down from the penthouse. You only get so many opportunities to get off on one of the upper floors. This may be one of those.
SPX 30m - What was a really good setup for a fall three weeks ago has only gotten better.
SPX 60m - Wedge drives into and ends at resistance.
SPX Weekly - This has the potential to be the last major top of all the rebounds. With the Fed turning uber doveish at this time, that may be some sort of clue as to the dangers of this resistance point to their fraudulent market.
Freedom watch -
Don't even think for one second it can't be done - How to Hack an Election - Andrés Sepúlveda rigged elections throughout Latin America for almost a decade. He tells his story for the first time.
And since we discuss evil taking over the world quite a bit here, following up on the 'Temple of Baal' to go up in New York, London we covered yesterday why not add this to the evidence that the world may be turning upside down - Exorcism is making a comeback — and big news — worldwide
More to come below.
Have a good weekend.
GL and GB!
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