Tuesday, July 19, 2016

Morning Charts 07/19/2016 SPX /es

Simple, hard truth - get used to it - hopium!

"In short, the market is not trading on a rebound in GDP, revenue growth or a breakout of already elevated profit margins. It’s just high on one more dose of monetary cocaine that in short order will prove to have been not even that."
And just like every other drug induced binge - this will end badly as well. 

On to the lie -

SPX 2hr - Total mess, but that's OK. This is the stuff that tops are made of. IMO way OB and in overthrow mode. Odds of this run making "the" top are very, very high.

Freedom watch -

Obummer infidel progression - at least he's having astounding success in one aspect during his rule - Top Turkish Official In Charge Of Campaign Against ISIS Found Dead, Shot In The Neck

Freedom? It's their planet - not yours. It Is A Smoking Gun - Prince Bandar And Other Saudis Financed The 9/11 Terrorists

Constitution today -

Amendment III

No soldier shall, in time of peace be quartered in any house, without the consent of the owner, nor in time of war, but in a manner to be prescribed by law.

"Described by some as “a preference for the Civilian over the Military,” the Third Amendment forbids the forcible housing of military personnel in a citizen’s home during peacetime and requires the process to be “prescribed by law” in times of war.  This Amendment is not considered controversial and has never been litigated before the United States Supreme Court"

More to come below.

Have a good day. 

GL and GB!

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