Friday, November 22, 2019

Morning Charts 11/22/2019 SPX

Started jawing with our old friend Incarnate this morning about UGA TX A&M game this Saturday. He an Aggie fan. Our last hurdle before LSU and the SEC Championship. Headed to Athens this afternoon to see LS1 and turn the party knob up to 10.

OIG report and Huber testimony in December combined with the FISA investigation HOPEFULLY means we’re going on offense. I’ll be most curious to see how the MSM frames it all. Dems should be jumping in front of it, but they’re a bit behind right now IMO. May be the best Xmas gift we can all get. https://www.zerohedge.com/political/fbi-official-under-criminal-investigation-fabricating-evidence-russiagate-probe

Q posting frenzy continues. Some important nuggets here.  https://qmap.pub/

Negative rates? https://www.zerohedge.com/economics/ubs-has-no-choice-passing-negative-rate-pain-customers


On to the lie -

That’s a HUGE bet. https://www.zerohedge.com/markets/bridgewater-bets-15-billion-market-will-crash-march

Other than any CHINA!!! issues things remain capped. Low volatility QE4 contained or controlled movement keeps the safe space investing mantra alive for now. I want SPX to backtest 3k. I also believe they want the DOW to hit the 30k milestone.

More to come below.

Have a good day.

GL and GB!

Thursday, November 21, 2019

Morning Charts 11/21/2019 SPX

Impeachment #Fail was a joke, but the house will vote to impeach even with zero evidence.

Dem debate #Fail

Hunter #Fail

Welp, let’s see if December 09 and 11 with Huber and OIG release actually add up to the hype. If so, can they flip the narrative? How will the MSM handle the truth? Gonna be interesting. I’m not holding my breath after so many past disappointments.

CHINA!! Today - markets up. https://www.zerohedge.com/markets/futures-spike-after-chinas-top-trade-negotiator-says-cautiously-optimistic-about-phase-1

CHINA!! Yesterday - markets down. https://www.zerohedge.com/markets/stocks-bond-yields-tumble-china-trade-deal-hope-fades

And https://www.zerohedge.com/geopolitical/us-relations-china-were-just-destroyed-and-nothing-will-ever-be-same-again

What a difference 24 hours makes. Ever feel like you’re being played?  https://www.zerohedge.com/markets/deal-deal-futures-jump-and-slide-amid-barrage-conflicting-trade-headlines

CHINA!!!! LOL


On to the lie -

Safe space investing with QE4. Just waiting on the big FF or ‘event’. Deep State #Fail will push them to ultimate desperation moves. Expect them.


More to come below.

Have a good day!

GL and GB!



Wednesday, November 20, 2019

Morning Charts 11/20/2019 SPX

Impeachment #Fail

Other than that ... just your ordinary day - good vs evil raging. MSM covers up the global societal meltdown as we either rage against the globalist agenda or support the satanic UN agenda.


On to the lie -

Maybe time for a pause as CHINA!! pisses in the punch bowl. Your guess is as good as mine under QE. Odds are, if the ‘new norm’ is the new norm the melt up melts up. Still want the major support back checked. Must be the old timer in me thinking that technicals may actually still have relevance.


More to come below.

Have a good day.

GL and GB!

Tuesday, November 19, 2019

Morning Charts 11/19/2019 SPX

If you missed #fartgate last night on Twitter - especially if you like potty humor - you missed some of the funniest crap I’ve seen all year.

It’s Ok cause having sex with minors isn’t a bad thing. This folks - they’re trying to normalize their standard unacceptable behavior as a new norm. Ain’t happening. https://www.zerohedge.com/political/royal-family-biographer-defends-prince-andrew-soliciting-sex-minors-not-pedophilia

The pope is at it again - https://www.zerohedge.com/economics/pope-suddenly-replaces-top-vatican-financial-regulator-developing-bank-scandal


On to the lie -

Great question! https://www.zerohedge.com/markets/blain-it-makes-me-wonder-where-all-liquidity-fed-pumping-going

It’s a QE kinda world. Otherwise stated - one big lie that will lead to devastation when the liquidity stops. Till then, not sure how at these levels, you’ve all seen QE work before. Safe space investing.


More to come below.

Have a good day.

GL and GB!

Monday, November 18, 2019

Morning Charts 11/18/2019 SPX

Dawgs beat Auburn. What a wonderful world it is.

As for the rest - not so wonderful.

Bored yet?  Russiagate, impeachment bs, green deals, all while the world melts down around us. They give you QE4 and ATH markets to distract. Even mass shootings are now ignored.

On to the lie -

Like is said above - bored yet? Been calling it for a while now. Safe space investing with QE4 Backstop. Waiting on the big one. What FF will they impose on us next?  It’s coming. Till then BTFD Roth the Pauslon Put in your back pocket. One caveat,  I still want the major levels below back checked for real support. That would be technically correct, but technicals got thrown out with the baby and bath water in 2010.

More to come below.

Have a good day.

GL and GB!

Friday, November 15, 2019

Morning Charts 11/15/2019 SPX

UGA vs AU Saturday. Even though Auburn is just a 40 minute ride down the road and I have tickets - you can’t pay me enough to go to a game in that place. Worst, rudest fans in the SEC. I guess being Bama’s bitch (and ours we won 11 of the last 15) gets you kinda chafed.

Shitt show a scam.

Q posted last night. https://qmap.pub/

On to the lie -

CHINA!!! https://www.zerohedge.com/markets/sp-futures-soar-above-3100-trade-deal-optimism

QE4 - unusual for what could be considered an official statement that’s not official but the conversation has begun - https://www.zerohedge.com/markets/one-bank-finally-admits-feds-not-qe-indeed-qe-and-could-lead-financial-collapse

Safe space investing. Are we nearing the point of the long awaited STB event?  Quite possible. If not between now and elections then we may be safe till 2022.

More to come below.

Have a good day.

GL and GB!

Thursday, November 14, 2019

Morning Charts 11/14/2019 SPX

News = nothing today unless you want me to cover the Shitt Show. Doubt that.


On to the lie -

Markets just as dull as the news. Safe space investing under the wing of QE4 and maybe back to the old holiday ramp cycle. Again, I’d like to see the major round numbers checked for support.



More to come below.

Have a good day.

GL and GB!

Wednesday, November 13, 2019

Morning Charts 11/13/2019 SPX

Shit show, I mean Schiff show begins today I think. Not sure. Not interested.

I guess in the end Israel will be a major catalyst so these moments can’t be ignored. https://www.oann.com/israel-hit-with-50-rockets-from-gaza-after-killing-of-top-jihad-commander/

I guess it’s a cheap way to make lots of bucks - legal or not, but who cares when you’re a democrat cause laws don’t apply to you. https://www.zerohedge.com/political/complaint-alleges-whistleblower-accepted-230k-illegal-gifts-gofundme-page

Someone has been speculating about this for about two years now. https://www.zerohedge.com/political/if-impeachment-fails-will-elite-crash-economy-prevent-four-more-years-trump

With lame duck Trump I have a feeling it’s gonna be an even wilder ride.

I’ll post this again for prosperity. Poor Souper. How anyone would still live in IL (or CA) is beyond my comprehension. https://www.zerohedge.com/personal-finance/us-stock-markets-200-yet-illinois-pension-hole-deepens-75

On to the lie -

It’s either the Fed or CHINA!! that move the markets. Not much else. https://www.zerohedge.com/markets/stocks-stall-after-chinese-media-comments-trump-speech-lies

SPX should check 3k and DOW 27k for round number support.


More to come below.

Have a good day.

GL and GB!