Random Notes

The Usual Suspects For The Week

No.1

Bruit Goes Dark

Hey, who wants to be the fist one to knock on the door (any door) and ask them:

How’s that stack of silver?

No. 2

Another Tesla, Up In Flames

I used to tell my teenage kids:

“Never run from the police”

Now I tell them, even though some of them have families of their own:

‘Never touch, sit, or ride in a Tesla’

Those too lazy or stupid to come up with a corporate name of their own, steal one from a veritable genius and trash-it.

Tesla: Unsafe and un-green at all times.

No. 3

Speck Protected ‘Party’

From this video, it looks like there’s still plenty of room for the brain dead herd followers.

It must be a sinking feeling (for some) to look around during the party and say to oneself:

‘I’ve been a coward all my life … thought I would get away with it too. I spread gossip about colleagues at work so I could get the job they deserved. I knew they were more qualified.

I’m the one who called the police on someone not wearing a mask in my neighborhood.

I’m following the ‘guidelines’. That’s when I got my big chance.

I pridefully showed everyone who’s the most virtuous.

I was obedient and got injected. I forced my kids too. I told them to ‘stay safe’.

Therefore, I really must be brave after all.

Suffering through all the nonsense like that above; the ‘heroes’ working at hospitals, taking care of those ill from the speck, let’s remind ourselves by taking a look at real bravery, shall we?

No. 4

Set Sail for ‘Safety’

Cruise ship full of jabbed idiots (what an overused term … is there a better one?) has ‘breakthrough’ cases and are now isolated.

One has to strain not to side with the oligarchs.

A ship full of ‘useless eaters’ that just what to get back to a normal life of partying.

If the alternate (and probably accurate) data is even half-true, those on this cruise won’t be back next year.

In fact, there’re never coming back.

As said before, it’s a warped business model to kill-off your own clientele.

No. 5

School Teacher Shortage … all part of the plan

So, what’s going to happen if there are not enough teachers to teach (indoctrinate) the kids?

Maybe all those kids need to be rounded up and moved off to centralized camps.

When in history has that happened before?

No. 6

Taboo … Scaboo

Scaboo is the name of the Rooster seen in this video.

Just today, he managed to tear off his ‘no crow’ collar; then started belting it out in the back yard right at mid-day.

It’s a long story, but he got his name from a late-night crime show (FBI Files) about a drug dealer, turned informant, that helped bring down a corrupt police force in New Orleans.

At time stamp 0:45 at this link you can hear his name.

Anyway … there’s more going on here than just trying to sneak a rooster past the neighborhood busy bodies … of which there are plenty.

It’s possible, this an exercise in executing all options.

Maybe someone reading this needs to see that breaking the ‘rules’ is not only necessary, it may be critical to future survival.

This site, in a very small way, is doing its part and showing how it’s done … at least in the case of a contraband rooster.

Does this all sound hyperbolic? Well, let’s come back in a few weeks or months and see.

I have personally told close relatives, the nearest model to what’s really going on, is 1930s Germany.

They respond by figuratively patting me on the head and saying ‘There, there … let’s not get all worked up’.

No. 7

Exercise Disobedience

Bravery is a muscle that requires regular exercise. If this muscle is not exercised, the result is cowardice.

Since a majority hate to discipline and exercise themselves either mentally or physically, the logical conclusion is that cowardice (and compliance) must be wide-spread.

But I keep under my body and bring it into subjection …

1 Cor 9:27

Taboo Scaboo, is in essence, an exercise in disobedience. For some unknown reason (at this point), it’s important to keep him.

Will the supply of available chicks be cut off from the local Tractor Supply?

If not, will the demand for egg laying hens (Leghorns highly productive) outstrip what conventional supply chains can provide?

It’s all unknown.

The number of iterations that have taken place to finally get him to my personal office where he can crow without notice from the neighbors, was somewhere around seven:

No crow collar.

Get out to the coop before daybreak to dissuade him from crowing.

If he started crowing, hold him (in the middle of the back yard at dawn) to somehow ‘reset’ his internal clock.

That’s not working. Bring him in and set up a dog kennel in the kitchen just inside the back door (the cats found him quickly).

Soundproof the garage with insulation (on garage door) and set up the kennel. Discover it’s too hot for summer time in Texas.

Move the whole caboodle to my office (that has doors) so that he can crow at will.

Bring him in each night to set up for the morning.

After he’s done in the morning, cinch him up (with the collar); put him outside with the hens; start the process all over again.

No. 8

Who’s Running The Show?

The testimony at this link shows us exactly who’s in charge … and has been (allowed to be) in charge for hundreds if not thousands of years.

If you’re still going to a church building on Sunday. Go ahead and take a look at the cars in the parking lot.

How many ‘symbols’ of the organization in the link above will you find on the back bumpers?

Stay Tuned

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

Russell … Rolling Over

Bearish Wedge Poised To Break Down

The Russell 2000 (IWM as proxy) has been congesting sideways for about five months.

While the overall markets, S&P, Dow, SOXX, IYR and the QQQs, have been moving on to new highs … the Russell has stagnated.

Taking a cue from Steven Van Metre’s reports on ‘who goes first’ in a downturn, it’s the small caps.

At this juncture, it looks like the Russell’s ready.

The six month daily chart of IWM below, shows choppy action.

Pulling back somewhat and labeling the bearish wedge, puts it into perspective (second chart):

Pulling out and labeling the wedge:

One item of note (not shown) at the top of the wedge, where price action pivoted lower (August 6th), is a Fibonacci 62%, retrace level.

So, we have a bearish wedge retracing 62% … along with non-confirmation of the overall highs; S&P, Dow, SOXX, etc.

Major reversals take a long time to form. However, once they get underway, it’s like a juggernaut to the bottom.

Harkening back to the oil (USO) bear market of 2014, nearly all (if not all) the YouTuber’s at the time, completely missed the bearish set-up.

What they did instead, once the downdraft started, was pump out update after update about ‘catching the bottom and setting up for the new bull market in oil’.

It never happened.

Oil continued lower for a year and a half before getting into a sideways range.

The big money’s in the big move. Monitoring the Russell provides confirmation a significant reversal’s in the works (not advice, not a recommendation).

As with biotech (SPBIO), already in a bear market, the IWM could break lower while the overall markets continue to thin-out and even make new highs.

Recall, we’re getting close to an up-coming holiday: Labor Day

The 1929, high was on the Tuesday just after Labor Day weekend.

Stay Tuned

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Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

Biotech Tracks Fibonacci

12:20 p.m., EST

Biotech SPBIO and Inverse LABD In Fibonacci Sequence

Today is Fibonacci Day, 34

Like a metronome ticking away, keeping time, so too has the SPBIO index and inverse fund LABD.

From a personal anecdote situation, I’ve never seen an index hit every Fibonacci Day with an inflection point … all the way up to today: 34 Days.

To get to the analysis, we’ll start first with an unmarked daily chart of inverse fund LABD, below:

Pivots from the June 28th, low are in Fibonacci sequence:

If today is a reversal or subsequent pivot … verified by next week’s price action, LABD’s exhibiting an incredible adherence to Fibonacci time.

This can only happen if nobody’s watching.

As soon as traders/speculators catch on that something’s afoot, the sequence diffuses into chaos; that may or may not come back to order at a later date.

Stay Tuned

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Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

Gold Miners Channel Lower

10:47 a.m., EST

GDX In Trading Channel

Follow On To ‘Up-Thrust’ Analysis

First, let’s start with the July 29th analysis of GDX. That update showed price action about to ‘Up-Thrust’ into a reversal.

The update even gave a possible high for the top of the developing set-up.

That high was in the area of GDX 35.65, near the 38% retrace level.

GDX topped-out at 35.82; then reversed.

The set-up chart is shown below and followed with the price action result:

And the result …

Pulling out to look at the weekly time frame, it’s clear, GDX is in a down-channel.

The magenta arrows show channel contact points:

Summary:

Gold and the miners are not showing hyperinflation at this juncture. It’s just not there.

Something else is going on.

As with the real estate index (IYR) not reversing as expected from collapsing retail purchasing (within established malls and elsewhere), gold and the miners are not moving decisively higher.

With real estate, It came out months later (after abandoning shorts on IYR) that Black Rock and others had been buying up whole sub-divisions … specifically from D.R. Horton.

With gold, it may be something else.

As proposed several times, the ‘controllers’ may make it irrelevant.

For example, some parts of Australia are completely immobile.

If you can’t get to the bullion dealer to either buy or sell, does it really matter if the metal’s in your possession?

This is a long-term game and this site’s in it for the long haul.

Each side making its chess moves. With that, it’s probably a good idea to review the standard plan of those on the other side.

Anecdote:

From a personal standpoint, as this post is being generated, there’s a Leghorn Rooster in a dog kennel cage (in my office) that’s been crowing for about two hours.

The same one (only much larger now) seen in this brief video.



Roosters are absolutely verboten in this neighborhood.

He started to crow decisively (collar or not) about a week ago; starting around 6:30 a.m.

He was not part of the plan. The five chicks were all presumed to be hens and his appearance was sort of an accident.

Several iterations later, which included sound-proofing the garage, he’s got his own set-up in my office.

It’s been about two and a half hours now and it looks like he’s done crowing. Soon, he’ll be off to check out the hens and be on with his day.

As a result of his arrival, we’ve changed our thinking: It may not be long before sentiment (to the food supply) changes instantly. It’s possible everyone at that time will be clamoring for their own livestock … crowing or not.

They’re no guarantees we’ll be able to keep him a secret (but God willing).

However, if he can be kept on the down low and then food supplies are cut off or severly curtailed, we’ll be more than happy to offer “Stud” services … for ‘small’ fee 🙂

Stay Tuned

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Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

Biotech Breaking Down

10:57 a.m., EST

SPBIO, Biotech Verifies Channel

Inverse LABD, Moving Higher

Biotech (IBB, MRNA, SPBIO): Analysis

Looking over the updates of the past few weeks, you can see how the LABD channel (above) was formed.

The trend has repeated with successive moves higher and the right side channel line moved as a result of price action.

At this point, we may be there.

If LABD closes the day at its current location or higher, it’s a good sign of channel confirmation.

In addition, we have Moderna (MRNA) in the process of penetrating the trendline shown in yesterday’s update. If price action continues lower (as it’s doing in the early session), it could be on track to post a weekly reversal.

Separately, the IBB (ETF) index is already posting a weekly reversal. From a momentum standpoint, the new weekly high of IBB, has put that index in a potential bearish (MACD) divergence provided it closes lower from here for the week.

Positioning:

The bearish case has been building even back to David Stockman’s assessment of ‘2-Trillion Dollars of Bottled Air’, during the summer of 2015.

However, Stockman does not trade. So, to figure out if ‘this is it’, is not in his repertoire.

With current events as they are, one can intuitively conclude the fundamentals have not improved for the sector.

The backdrop is there for significant downside.

With that in mind my firm remains positioned max short (not advice, not a recommendation).

Any selling in LABD that’s occurred over the past month or so, was to adjust account(s) for maintenance (margin) requirements.

Once the index was finished with its adverse (SPBIO, higher, LABD lower) moves, we’re right back to establishing a full position.

This type of action has been going on for months.

It’s tedious and not exciting; exactly the opposite of what a typical YouTube viewer is looking for.

As a corollary, there’s no artificial (and profit limiting) requirement to show ‘Monthly’, Quarterly’ or whatever gains, to retail customers.

The financial press takes care of the retail side.

Some (very few) actually escape; finding themselves on sites like Van Metre’s, Weis’, and this one.

Stay Tuned

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

Moderna, goes Parabolic

8:07 a.m, EST

Trending @ 5,000,000 %, Annualized !!!

The MRNA daily chart shows price action trending higher at roughly 5-million percent on annualized basis.

This is the type of parabolic rise (and blow-off top) typically seen in commodities.

Obviously, you can’t keep 5-million percent going for long.

Moderna has now taken over Amgen (AMGN) as the largest cap in the IBB, biotech (ETF) index.

Amgen’s been trading since June 17, 1983. Moderna started just a little over two and a half years ago.

But let’s take a look at what’s really happening … what’s really going on behind the apparent good fortune of MRNA.

At one hour 22-miuntes and change, this link provides the most succinct account (to date) of the situation at hand.

Names, dates, places, patent numbers … it’s all there.

Pre-market trading in MRNA, shows a flat to slightly higher open.

Stay Tuned

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Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

Gold, mini Flash-Crash

10:23 a.m., EST

Livermore:

‘Surprises are in the direction of trend’

The following quote is from this past Saturday’s update:

“It’s no secret, price action in GLD and the miners (GDX, GDXJ), has been analyzed for months as bearish.

The weekly chart shows GLD, right at the edge of a terminating wedge; about to break lower:”

Then, we can also add this quote from the GDX Short Sell, Set-Up:

“This site’s not part of the hyperinflation crowd. It’s too easy to jump on the bandwagon, get the clicks and then say it’s all ‘manipulated’ when price action does not follow the narrative.”

A firm foundation has already been laid; a bearish case for gold (the miners and silver) that includes the inverse correlation of a bullish dollar.

Both moves are currently underway.

Steven Van Metre, followed-on; highlighting the bearish gold set-up in his ‘Sunday Night Charts‘ update.

As is typical, there’s a small cadre that can see what’s happening. They are somehow able to ignore the constant media hype; positioning accordingly.

The original weekly chart of GLD below, is followed by today’s update:

Updated chart:

Typical market behavior is to break through the trend (for however long) and then come back for an underside test.

It seems that anything related to the gold (silver) markets is an overcrowded trade. There are too many rabid bullish fanatics.

We’ll stand on the sidelines for this one (not advice, not a recommendation).

Stay Tuned

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Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

Random Notes

The usual suspects for the week

No. 1

‘The Speck’ never existed

All the way back to May of last year, this site proposed ‘the speck’ as we call it, did not exist (i.e., a ‘hoax’).

Now, we have confirmation (time stamp, 11:32).

One of, but certainly not the only reason used to reach that (very early) conclusion was based on Machiavellian behavior itself.

What better way to make sport of the idiots. They believe whatever they are told. No thought required.

Now, go run around with a piece of toilet paper on your face; afraid of something that’s not even there.

That behavior (actually doing it) proves to the oligarchs, just how incredibly stupid, to overuse the word, that group really is.

It’s their justification to thin the herd of ‘useless eaters’.

Those ‘eaters’, happily (pridefully show themselves getting ‘protected’ on Facebook, Tik Tok, or whatever) prove the point with mindless compliance.

A good number of those awake, attempting to get the warning out to loved-ones, family members and friends, have collectively thrown up their hands in frustration.

It won’t be long now before flu season: Tik, Tok

No. 2

‘The Church’ takes another (well deserved) hit. (time stamp 38:08)

Time to overturn the tables was way back in March of 2020. By now, the church has fully exposed themselves as corrupt.

The good part; it’s plain to see.

As with No 5. below, it’s time to eliminate the corrupt and/or cowardly from your sphere of influence and move on.

No. 3

If it’s so great, there’d be a line down the block.

This piece of tripe propaganda says ‘there’s still time’ to get your second round of protection … to the 152,000 already ‘protected’ in Colorado; that have collectively said ‘no thanks’.

No. 4

Smart-Speck

The speck is so smart, it knows when an athlete is competing and so leaves them alone.

The coach on the sidelines … not so much.

Super smart technology developed somewhere in the bat-cave; able to discern the difference between an Olympic floor-mat and your front door-mat.

No. 5

The ‘Bloviators’

Stew Peters calls them out by name. Beginning at time stamp, 1:29.

When have any on his list actually been present at a rally … any kind of rally?

When have they ever been arrested for civil disobedience while protesting for truth?

We can, and should lump them all collectively into the greedy coward bucket and move on.

Personally, when I watched one of these ‘reporters’ show they’re somehow unable to locate the video which had 55,000 or so ballots appearing out from under tables … that was it.

Controlled opposition. Don’t go back.

No. 6

“What do you see?”

That’s what David Weis would ask me each time we started a mentoring session: ‘What do you see?’

Well, what do you see at time stamp 1:08, at this link?

Remember the lyrics from the Bob Seger song?

“Most times you can’t hear ’em talk. Other times you can.

It’s the same old clichés, is that a woman or a man?”

The deception hides in plain sight.

No. 7

Checkpoint Charlie

This video shows traffic at standstill somewhere in Australia. Caution … video contains profanity.

Note the metal posts and cable down the median so cars can’t turn back.

Personal anecdote below:

The past week saw travel through three states: Colorado, New Mexico and Texas.

On the Interstate and the back roads, there were a minimum of four instances where traffic was completely stopped; moving single file under the direction of a flag-man.

Two of those incidents were in Colorado and two in Texas. New Mexico had one lane traffic either side (instead of two or three) moving up and down Raton pass.

On one of those occasions, the eastbound lane of Highway 287 just outside Wichita Falls, was completely shut down. Traffic two miles long, was moving single-file off the highway and escorted onto FM 2384, going South.

As I steered on to the feeder, coming to the intersection of FM 2384, I immediately turned car North and launched it on to the overpass.

I asked my ‘shotgun’ riding navigator to direct me to eastbound crossroads that would then intersect southbound to get back on to 287.

Over-reacting to the situation?

Maybe. Maybe not.

I have been traveling down that stretch of road (Texas to Colorado) for over four decades. I don’t need a map and can make the trip nearly blindfolded (shotgun navigator incident excepted).

I’ve never seen traffic stopped-dead (for no apparent reason) and escorted off the highway, single file, ever.

Just as with our bullet item No. 1, above. In that example, having proved the intuition correct over a year later (there’s no speck, never was), the dynamics can change at any time … even in Texas.

It’s best to practice taking action; exercise the decision muscle while there’s (still) no immediate danger.

Stay Tuned

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

After the ‘plug is pulled …’

Updated, 12/18/21, with notes in blue text.

Jerimiah Babe:

‘The real money’s going to be made, after the plug is pulled’

Well, that’s close.

Actually, the real money’s made on the way down … when the plug is pulled … not after.

‘After’, is when you take the huge gains from the short side and then allocate that to areas which stand to recover … or at least have a good chance of recovery.

It’s a two-step process:

Nobody demonstrated that better than Livermore himself during the panic of 1907.

It’s probably no surprise that panic was potentially a fabricated event (sound familiar?).

It laid the groundwork for the Federal Reserve act of 1913.

Operating in parallel, we have the following:

Titanic engineering design approval: July of 1908.

Construction begins: March 1909.

Sea trials: Early April, 1912

Titanic ‘sinks’: April 15, 1912.

April 15th, is tax day … coincidence … no.

Whether or not there really is a ship (or which one is) at the bottom of the Atlantic, is immaterial.

What’s important, was that it all may have been a controlled demolition of the financial system so that it cold be ‘reset’ to allow fractional reserve banking.

The fly in the ointment? Unexpectedly, Livermore owned the market at the bottom. He could have single handedly destroyed the financial system by executing more short selling.

That’s when J.P. Morgan (possibly chief cook and bottle washer for the ‘reset’) called him in to appeal to Livermore’s ‘patriotism’; to not destroy the market. You can’t make this stuff up.

So, it’s time to reset the system every hundred years or so.

Just like it’s time to have a medical ‘incident’ and reduce the population every hundred years or so:

2019: ‘The Speck’

1918: ‘Espana’ Flu

1817: ‘Cholera’

1718: ‘Plague’

How does this relate to the markets? For this update, the preamble above, brings us to gold (GLD):

Gold (GLD) Analysis:

It’s no secret, price action in GLD and the miners (GDX, GDXJ), has been analyzed for months as bearish.

The weekly chart shows GLD, right at the edge of a terminating wedge; about to break lower:

The measured move … to around GLD ~ 120, is exactly at the Fibonacci 161.8%, projection (not shown).

If there’s a wedge breakdown, we have two separate measurement techniques targeting the same area.

Gold (GLD) did break lower but has not progressed to the measured move. Latest update is here and here.

The next chess move, is probably not going to be dollar destruction.

No. The next move is likely to be as stated before, supply chain shut-down with the objective of ‘starve them out’.

Correct but not the way the media plays it.

They attempt to tie it to ‘climate change‘. Yes, the climate is changing but the earth is getting colder, not warmer. Crop failures are the result.

Couple that with intentional weather modification (weaponization), controlled demolition of the supply chain and voila! Food becomes scarce or more expensive or both.

In a prior update, when that statement was made, it may have sounded extreme. Now, we have this interview and time stamp (8:11), where we get the exact same thing.

Take Action:

This article, just out on ZeroHege is a good one-stop shop to start or continue being out in front of ‘events’.

Here’s a brief video of one man’s action, in action:

Four hens, a rooster, in an urban setting (houses on three sides).

The rooster was not part of the plan. If you look closely, you can see his ‘No Crow‘ collar … it works most of the time.

He was unexpected but is now seen as an asset.

He keeps the hens under control (otherwise, they fight) and gets them all back in the coop at night.

Is it a hassle: Yes.

Is it messy: Yes.

Will the neighbors not care about the crowing, be clamoring (and paying with cash, gold, silver) for eggs and chicks three months from now, if/when food shipments are cut off? Probably, yes

Mass recognition of potential famine to come in the spring when the farmers do not have enough ‘inputs’ (seed, fertilizer) for a viable crop.

Don’t forget about no spare parts for farm equipment.

Scaboo

The rooster, “Scaboo” was such a happy camper that he was crowing all day.

He was moved outside of town to a more rural location.

We still have access to him if needed for fertilized eggs.

Here is, all grown up and strutting his stuff

Stay Tuned

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Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

Dollar, Set to Rally

10:20 a.m., EST

UUP, In Spring Position

The long term bullish work on the dollar (UUP) has already been completed.

The last update posted on June 19th, is here.

That update contains the quote below along with a link to an earlier report:

“The updates on the dollar have proposed, since the bullish divergence (now turned rally) is on a longer, weekly time frame, the ensuing move could have the potential to carry the index UUP, to the top of the trading range shown here.”

Since the June report, the dollar has rallied as expected.

At this juncture, it’s hovering just below support and in spring position … potentially building energy for another leg higher.

Today is Fibonacci Day 12, from the July 20th, high.

UUP could still post a new daily low at the next session (to get to Day 13) if the spring set-up is viable.

The dollar and gold are still inversely correlated.

If UUP rallies from here, expect a corresponding decline in gold and the gold miners.

Stay Tuned

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Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.