Moderna (MRNA) appears likely to join the ranks of Carvana (CVNA), with a decline from all-time highs that’s well over -90%.
Even a ‘modest’ projection (as we’ll see below) puts the downside potential for MRNA, far below current levels.
Starting with the weekly chart, MRNA, has just barely retraced upward to an anemic 23.6%, before breaking to the downside.
Moderna MRNA, Weekly Chart
Zoom version below
The Wyckoff up-thrust (reversal), will be confirmed if/when MRNA pushes below last week’s low of 160.06
Projected Decline Over -90%
Unless it’s negated, the weak retrace (23.6%), tells us that MRNA, is probably just getting started to the downside.
Using a modest 1 : 1, projection from current levels, we have MRNA’s downside potential to the 45-area; representing a decline from all-time highs, of approximately -90.9%.
However, for such a weak equity (at this point), the decline also has the possibility to go a bit further, to a 1 : 1.382 projection (shown as the lower arrow).
Declining to the 27-area, would put MRNA, down a stiff -94.6%, from all-time highs.
If MRNA gets to those levels, that’s when the fun starts.
Class Action?
Recall, we’re using the Carvana Crash as the model, right?
Let’s hold that thought and go way back to October 17th, of last year. Reviewing the first bullet item of this post; some of which is repeated below, it said:
“Whenever a high-flyer darling stock changes course and reverses down in a big way, the lawsuits start.
‘Investors’ only know one direction … up.
They figure they’re so smart, any decision from them that does not work out, must be someone else’s fault.
Class Action for Moderna (with discovery) may be dead ahead.
Let’s start our stopwatch and see how long it takes for the first ‘Notice’.”
Getting back to Carvana (CVNA), it posted recent lows on July 14th this year. That was a decline (from all-time highs) of -95%.
Three weeks after that low, and just days ago on August 4th, we get ‘Notice of Class Action‘.
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.
Hearings on Capitol Hill on what we call ‘The Speck’ (to avoid censorship) and “corruption at the highest levels”.
Those of us who are awake, already know about the corruption … it’s just nice to see it hitting the mainstream.
No. 2
Cowards, To Brave ? … Probably Not
Max Igan in this video seems to think those who have been brainwashed into murdering their own children, will all of a sudden become brave and wake-up.
No, an alternate (more likely) view is, those who have been duped, fooled, the cowards, or just plain stupid, will likely turn their anger, not to the perpetrators … but to those who are even now, being referred to as ‘purebloods’.
In his own video, at time stamp 10:30, he shows the type of behavior that may go to a whole new level.
Does anyone think these people are going to become more sane, when they find out the truth of the injections?
No. 3
Greedy Implosion ?
Another Stew Peters broadcast where the guest, Karen Kingston has sifted through legal contracts, patent application and patent abstract documents.
She may have found a chink in the armor.
Looks like in the haste for profits, one manufacturer of ‘Speck’ protection may have done so outside the umbrella of lawsuit ‘immunity’.
Indeed. We can see how tough (and profitable) they are from Livermore’s attempt to short the market during The Panic of 1907.
As stated in Reminiscences, the story goes that he recognized a huge market break coming but started shorting too early … in 1906, as the market continued to rally.
Eventually, those rallies completely depleted his capital. He went broke.
The book goes on to say he began trading again later on but does not say how he got another capital stake; just that his credit was good at the brokerage office of ‘Ed Harding’.
We have to go to Wyckoff’s text from 1910, to find out that Livermore hocked his car for $5,000 and may have used that to re-establish his trading account.
After that, his trading errors corrected, he eventually covered his short positions at the bottom of the panic, October 24th of 1907, with over one million in profits (around 30 million in today’s dollars).
No. 6
T-Mobile: Set To Implode By April
Is dumb going to get smart? Like in No. 2, above, the answer is probably not.
Data and artifacts are piling up to dam-break levels.
There’s a virtual army of citizen journalism working to discover and sift through databases and documents.
No. 9
The Parting Shot:
What does any of this have to do with the markets?
Well …
Get your popcorn ready, ’cause Kansas is going bye, bye ….
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.
One of the qualities that define leadership is the ability to recognize shifts in power or (public) perception that may lead to a complete change of direction.
Once that’s done, the change or new thinking is crafted into an approach whose objective is to successfully navigate (for however long) what will eventually become a ‘no-brainer’ way of thinking or acting.
As the old way(s) disintegrate, those who refuse or are unable to recognize this change, are likely to start ‘acting out’ in bizarre fashion as they realize the old method doesn’t work anymore.
They’re not able to see the shift as they were never leaders (to begin with) in the previous construct.
In part, this is what Buffett (not an endorsement) may have meant when he said … ‘It’s only when the tide goes out, that you find out who’s been swimming naked.’
Well, the tide’s going out in a big way and the water is receding with ever more rapidity.
As said before, what’s happening right now, is a fantastic public service for those paying attention.
A more efficient way could not have been constructed to reveal who has the best chance to be left standing (and surviving) as, or if, we come out the other side.
‘Acting Out’
Two links are going to be provided but not the ones to the specific examples at hand. Clicking on the links below will enable one to follow the rabbit trail and perform their own investigation.
As the old way continues to self-immolate with what looks like increasing speed, a huge (leadership) void is opening.
Actually, that void was always there; posers were only posing, fooling the easily fooled.
Now, the jig is up.
The smart ones in this on-going collapse have already realized, probably a long time ago, ‘certifications’ and lots of letters after your name mean absolutely nothing when it all hits the fan.
They either are themselves, or are looking (and rightly so) for hardened leadership and/or experience.
Remember, these outfits are “certified” by the same (combined) entity that’s pumping out the false data.
Just sayin’ 🙂
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.
Dr. Vernon Coleman has been at that front of ‘The Speck’ narrative from the start.
HIs latest video gives his estimate on life expectancy of those who have been ‘protected’.
No. 2
Pilot Casualty List
The Stew Peters show has updated several times about ‘incidents‘ in flight but now we have the actual receipts.
Industry trade magazine ‘Air Line Pilot’, gives names and dates of those no longer around.
Linked here. The first 7:50, minutes covers the pilot casualties.
No. 3
‘Links’ Are Not Endorsements
From No. 2 above, at time stamp 10:27, the presenter gets into material that those ‘awake’, know all too well.
We should also know, the same tactic (trust the plan) was used during the Russian revolution of 1917. It was used to placate the patriots so they would take no action.
That it’s even being discussed in the above link, is highly disappointing. The airline magazine list is a fact …. the rest? Not so much.
As said before, no one is going to help this crowd (in No. 4) by becoming part of them. Some (like my own extended family) are adamant about remaining stupid.
What can you do?
Well, from this site’s perspective (market analysis), there are a lot of asset, and estate sales coming up.
Carry cash because by that time, credit cards won’t work.
It’s the ‘smart device‘, showing how vulnerable the typical non-thinker (new word for idiot), is, and is going to be, when internet interruptions (cyber-attack) really get started.
Back in the day before there was streaming internet, I used to call up TeleBroker and code in the ticker symbol with the phone buttons.
I would then listen to the high, low, current price, and volume. This was done a few times a day.
The purpose was, to get a ‘feel’ of the market. From listening to the action, I could feel it (time stamp 3:27).
At the time, the stock being monitored was Theragenics (back then, as THRX).
I could tell from the phone action, there was distribution going on around the 5.00 – area. This went on for several days. As price would near the 5.00 level, volume would come in and push it lower.
Thearagenics, indeed peaked around 5.00, and then went into a multi-year rachet lower to an ultimate low in December of ’93 or ’94, if memory serves.
After that low, it went up 1,000% or more … a ten-bagger.
How many are prepared to hit the phone and use it for trading action. How many still have land-lines?
As you might have guessed, since this author’s still using ‘rabbit ears’, we still have a hard-wire, land-line as well.
No. 11
Continual Growth & Improvement
If someone started diligently researching and educating themselves non-stop in the markets since 1987 (when I opened my first brokerage account), how much growth has there been since that time?
Even as the ‘likes’ come in on material written just a few months ago, I go back and re-read, that research.
Sometimes the thought is ‘that was a good post’.
Most of the time, not.
I think to myself, ‘you can do better …. much better.’
Even from a Biblical perspective, it just doesn’t end well for those who refuse to think and work.
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.
Insiders are bailing at the fastest pace in market history.
No. 6
Not Everyone’s An Idiot
Take heart.
Here’s at least one person … and a young one at that who’s figured it out.
Like our working-class Cockney Brit, from last week, if they can do it, what excuse does everyone else have?
No. 7
Coming Back To Haunt?
One has to wonder if this piece of work will rue the day when those statements were made.
No. 8
Turn Off The Lights
There are two ways (at least) to look at Germany’s plan to shut down its nuclear power plants.
Frist:
They are complete idiots. Power prices will surge as a result.
Second:
They know that demand is going to evaporate as more are ‘protected’ each day. Better to close everything down while the experienced manpower’s still available.
No. 9
What’s In The Poo ?
Well, it’s not the latest ‘variant’ as this article goes to great lengths to suggest.
To put it in brief terms … it’s to see if you’re eating enough GMO food and insect protien.
However, even bad news could contain seeds of opportunity.
Go to time stamp 1:15 in ‘ice age farmer’s’ link, just above. ‘Countries have or are going to stop exporting food’.
Part of the reason this site has not recently covered corn, wheat, soybeans, is they are at elevated levels.
Sure, they could go higher but the risk of some kind of ‘announcement’ to restrict exports is also rising.
Just like Jimmy Carter did with the Soviet invasion of Afghanistan, so too could the current administration come out with a similar announcement.
At that point, if it happens, there’s likely to be a sharp, deep down-move in the grains.
That’s when to look for opportunity
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.
If you have to deal with asleep, brain-dead, self-hypnotized, condescending, mainstream news-feeders, here’s a tip.
Remember, it’s not “your opinion”.
Patent numbers, patent descriptions, dates, names, payrolls, money trails, corporations, whistleblower testimonies, irrefutable compilations like this, are not an opinion.
They are fact.
No. 2
No Infrastructure
From time stamp 12:08, to 14:27, in the above link (repeated here), there are 108, players or individuals receiving the benefits of ‘Speck’ protection.
We call it The Speck from Horton Hears A Who … because it’s so small, nobody’s ever found one; not even the Cee Dee Cee or the N ‘EYE’ H. Sorry for the ‘code’.
The majority of those in the compilation are so protected, they won’t ever need another update.
You might say, they’re ‘fully protected’.
We can take that montage and extrapolate it to the rest of the population. Remember this?
It does not take much to figure out, rapidly increasing instability is the way forward.
While there may be an infrastructure bill in name … if workers are not available and supplies restricted or non-existent, there’s no infrastructure.
Admittedly, that’s very oversimplified.
Sure, there may be some projects that get started and have limited progress.
However, after reading this summary of the built-in insanity, one really has to actually be favoring a collapse so these projects don’t get implemented to any large degree.
Bringing us to the next item.
No. 3
Double-Secret-Probation, ‘Omicron’
It would be nice to laugh at stupidity if stupidity wasn’t so dangerous.
The powers are wasting no time … declaring a ‘State of Emergency’ even though nothing has happened.
They openly mock the idiots that still buy into the hype; their contempt, completely out in the open.
Even a working-class Cockney Brit, has got it figured out. It can’t be that hard, can it?
Note at time stamp 2:40, it shows that we may have already had the Epsilon variant. It must have come and gone.
I completely missed it. My bad. 🙂
No. 4
The Sheep … Too Far Gone
A hopeful comment taken at time stamp 4:02, at this link:
Those who have bought in, and voluntarily injected themselves … even if they were lucky enough to get a placebo, will not wake up.
Amadha Vollmer has stated it well when she said, ‘when the truth finally hits, they will lose their minds.’
From a Biblical standpoint, that does not mean we give up on them. Plant the seed but then walk away and continue to prepare.
If by some miracle … because that’s what it would have to be, they do wake up, it’s your opportunity to take the lead and direct their (an your) next steps.
You can’t make this up and it’s more insane by the day.
The sheer repetition of the fear narrative, like ever-increasing drug use for the same effect, has got to be wearing off … becoming less effective with each news release.
On top of that, there are literally less people able to buy into the narrative
Reference No 1, above. They have already received full protection; not subject to further updates.
No. 6
Sky High Ammo Prices
Going to the comment sections on YouTube sites or vendor sites, has the typical collection of blowhards saying:
“I refuse to pay these prices. I’m going to wait until they come down”.
It’s possible, at least some of these guys are the same middle-aged, overweight, out-of-shape posers, that like to have useless crap all over their AR.
When the bravest guy in the room is a woman (linked here), it means, that trash hanging off your AR is a bill-board; effectively saying:
‘I’m hiding behind my AR crap and probably a coward’.
Another woman, linked here, has actually decided to use the AR platform.
If that’s the future availability of our currently high-priced product, meaning there is none, does it really matter how much it costs now?
Of course, the posers are busy posing.
They won’t matter when it all hits. They’ll still be waiting for prices to come down on something that’s no longer there.
No. 7
S&P, In ‘Spring Position’
Price action penetrated support last week and is set to attempt a rally.
The futures market opened about 90-minutes ago and shows S&P trading up about +0.80%.
That upward bias may also lift the Basic Materials Sector (DJUSBM) and possibly offer a low risk short position via SMN (not advice, not a recommendation)
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.
The linked article goes on to detail where prices have risen the most … well, almost.
This chart shows the financial press approved categories and respective price increases.
But wait, there’s a category left out.
What about ‘ammunition’. The price of that category is up (depending on source) anywhere from 300% – 1,000%.
You have to wonder why that’s not on the list.
Personal anecdote:
A trip to the local Wal-Mart just yesterday to get mealworms for the hens (local feed store mom & pop has been out for weeks) gave opportunity to go by the sporting goods and the ‘ammo counter’.
The counter’s thirty-foot rack, was stripped bare.
All of it gone except for a few boxes of Federal 22,target, and some 12-guage.
Later in the day, there’s a strange twist while searching for product using this site,
The comments (rating) section have people bragging about how their ammo, is older production.
It’s completely turned upside down. Back in the day, you wanted the freshest stuff available.
Now, because of difficulties finding parts, product and experienced employees that have not been jabbed, quality has apparently declined.
The inference is, if you can prove that your ammo was manufactured during 2019, or before let’s say, you might be able to charge a premium on the secondary market.
Paul Harrell has shown, linked here, that properly stored, ammo will still be viable after 50-years or more.
Which brings us to the next item.
No. 3
Shipbuilder, Backpedals
Turns out, this shipbuilder’s not quite ready to destroy its own business.
However, the damage has (likely) already been done.
Anyone with production experience knows the way to destroy product quality, is to have an on-again, off-again, and then back on-again, production line.
It does not matter the product.
If production can’t be sustained, uninterrupted, for periods at a time, there really is no quality. Too many variables have been introduced.
This is where we are with all product. It may be part of the reason retail sales have spiked.
Get the good stuff now.
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.
The short video clip by Mark Dice, linked here, shows how former successful and possibly even meaningful (on a rare occasion) movie productions/franchises are being systematically destroyed.
This phenomenon is not just Hollywood but nationwide.
To be specific, the same type of destruction is occurring in the ‘wealth management’ industry.
One of the latest salvos is this ‘initiative’ to make that industry more diverse.
The comments section talks about the ‘talent going elsewhere’ to start their own business.
That may be true but remember, ‘Fiduciary Responsibility’ requirements make sure the person with the least amount of knowledge is in control … the client.
Which brings us to the next bullet item.
No. 2
The ‘Average Investor’
Years ago, somewhere around the early 1990s, Tony Robbins interviewed Robert Prechter Jr.
One of the questions Robbins asked was this:
‘What should the average investor do?’
Prechter’s response was timeless. He said:
‘Quit being the average investor’
Absolutely brutal but true.
It was a polite way of saying to get busy; stop being the ignorant, lazy, average American.
Study and learn the markets. That way you won’t be subject to the corruption and villainy that permeates the financial services industry.
Don’t think that statement’s true?
Just watch a couple of episodes of “American Greed” and see how many involve financial scams that fleece an unsuspecting investment public.
In the above link, our ‘professional’ positions short in a biotech company, Orexigen Therapeutics.
If there’s one thing an aspiring market trader speculator learns at the start, it’s never, never, never go short on biotech (at least the individual equity).
Anything can happen … and it did.
No. 3
Flash Crash Ready
This just out from ZeroHedge; Is another Flash-Crash in the cards?
First off, let’s review what a flash crash looks like.
Even way back in my SeekingAlpha days, I proposed the next major market hit would be like nothing else.
Possibly a 20% – 50%, drop overnight or something similar.
Is it not better to plan, analyze and position (not advice, not a recommendation) with a Black Swan event in mind or just go merrily along thinking you’re as close to the entry door as the exit?
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.
At this site’s location in Central Texas, there’s been a so-called ‘clinic’ over the weekend.
A clinic to provide ‘protection’ to any that are still (at this late date) stupid enough to believe standard media reports.
There’s no joy in being correct about this subject.
However, at the same time and over the months … now running into years, attempts have been made to get the word out.
Way back in May of 2020, this update was published before most anything was fully known.
The conclusions came from intuition (discernment), coupled with empirical observation.
Family members have been notified. Church members notified; attempting to find anyone that would listen.
The typical response was:
‘I don’t want to talk about that right now.’
‘I don’t believe that.‘
‘You’re not a qualified source’.
So, what can you do?
Well, what this author’s doing, is providing leadership to those who want it.
That means, recognizing what’s coming (or what’s likely), positioning or trading in the markets for potential gain.
No. 2
The Real Bull Market
Right around mid-year last year, the product at this link was priced at $12.95.
That product is no longer available from the supplier as can be seen from the comment:
Going to this link, shows the product is not even listed.
If we go to this link, that same product if you can find it, now ranges from $49.94, to $119.95.
That’s an increase of 286% to 826%, in about eighteen months.
Going to this link and forwarding to time stamp 6:12, might get to the crux of why the product is not available or only available at a near 1,000%, increase in price.
No. 3
Keep It Simple … Be Proficient
In line with No. 2, we have this personal anecdote.
A couple of years ago, your author won a “Top Shot” contest at this location.
All told, the entire number of contestants was somewhere around thirty. At least two, were former or active military.
From my recollection, not one of them had what’s termed a 1911. That’s what I brought … along with one spare magazine that I carried in my pocket.
I did not have all the accoutrement gear they had; the khakis, the BDU’s, the boots … none of that.
I was in shorts and an Oxford-type shirt.
I did bring my Bianchi holster that I bought in 1984. So, I had that going for me. 🙂
Yes, it’s just a movie but it gets a point across. Proficiency equates to performance and that equates to survival.
If you have read this far, it’s likely you’re in the crowd that’s likely to survive or at least not go down without giving it your best.
Winning the contest proved that looks don’t amount for much when in the clutch.
What’s going on in one’s head along with the ability to carry it out, is the deciding factor.
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.
With so many unprepared and focused on the wrong things (like the name of a baseball warm-up area), when the bottom drops out, there’re going to be once in a lifetime investment opportunities.
No. 2
Gold To Soar … Yet Again
Looks like the boys (and girls) at Kitco are back at it again. Gold is going up for sure this time … honest.
At time stamp 15:08, the female interviewer really puts the screws to her guest.
She does not believe a word he’s saying … so, there’s that.
If you have to show your ‘papers’ to sell gold at the local bullion dealer, what’s the point of owning it?
No. 3
Escape From New York
Come this Monday, we’re going to see what happens when approximately 25% of a major city’s police, fire and healthcare employees don’t show up for work.
Time to take notes.
No. 4
Drinking Beer Outside The Liquor Store
Looks likes it’s just a normal thing if you’re in the Ukraine (time stamp 15:08)
No. 5
In a Knife Fight … No Rules !!!
There are no rules anymore. Bullet item No. 6, below shows the confiscation plans are moving forward.
As a caveat, the financial services industry. i.e. ‘wealth management’, is operating with a paradigm that no longer exists.
One of the objectives of this site, is to offer an alternative to the group-think of wealth managers.
Certification presents itself as an authority figure … just like Fox News presents itself as the alternative.
In fact, those in control own both sides of the narrative.
Does anyone really think FINRA (Financial Industry Regulatory Authority) is going to allow a wealth manager to make his clients overtly wealthy?
Even if that manager knew what to do, he’s hamstrung by regulations like ‘Fiduciary Responsibility‘; effectively guaranteeing the person with the least amount of knowledge (i.e., the client) is in control.
There has been enough time for the American working (and saving) public to take the lessons of the 2007- 2009 meltdown and act accordingly.
One of those lessons would have been to realize just how close they came to having their IRAs confiscated.
Personally, I’m surprised that any of the following links below are still active. Well, who’s looking at this stuff anyway? Certainly, not the general public:
After reading several of these reports in 2009 and later, it did not take long for me to set the plan in motion to cash out … completely. I took the 10% penalty, while it’s still 10% and liquidated my accounts (not advice, not a recommendation).
The rest of the population? Not so much.
I think it was Prechter who laid out just how easy it is for the government to seize IRA accounts. It’s basically a two step process.
Step 1.
The market drops 50% to 70%. Remember, the drop from 2007 to the bottom in 2009 was 58%.
Step 2.
Declare a state of emergency (executive order) for the working population and move in to “save” the IRA accounts from more devastation.
The result would involve a stiff withdrawal penalty (say 50%) and to “protect” the accounts from further losses, IRAs can only invest in U.S. Treasuries or Bonds.
The scenario may not happen exactly as detailed above. The Stew Peters link (repeated here) shows there are several ways to access the IRA accounts (not advice, not a recommendation).
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.
The Danger Point® 