Category Archives: The Speck

Jab if you do … Jab if you don’t

July 3, 2021 By in Catherine Austin Fitts, David Knight, The Speck, Vernon Coleman

Those injected, thought they could travel

If you’re a leader, business owner or entrepreneur, dealing with idiots is probably the most frustrating part of running a business.

The leader has an absolutely thankless job most of the time.

However, there are times where being someone that can think, act, and be resistant to the criticisms of the crowd (‘double-jabbed zombies’ as Dr. Vernon Coleman calls them), pays off in spades.

At least we don’t have to put up with being played as we see here.

As we move forward to fall and winter, we’ll find out just how important resisting the peer pressure of the (double-jabbed) crowd may be.

On the practical side, David Knight interviews Catherine Austin Fitts on steps that can be implemented for personal financial and legal protection.

She touches on a subject that’s been covered several times on this site; that is, killing-off your customers is not good for future business.

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.

United Airlines … Signals Sell

June 30, 2021 By in Airlines, Indian Summer, S&P, S&P 500, The Speck, UAL 1 Comment

3:13 p.m., EST

There’s no such thing as corporate ‘leadership’.

At this point, especially after witnessing the ‘lock-step’ positioning of major corporations over the past year, one thing is obvious:

They’re all operating in concert.

The coordinated message is that everything’s getting back on track. No need to worry.

See how ‘normal’ things are? Big companies are even ‘planning’ for the future. Stay calm and take no (preparatory) action.

Indian Summer:

The reality is, just as this link suggests, we’re in an Indian Summer. That is, we’re between two extremes.

The past year can be viewed as the summer heat. Then, we’ve just had a break (advent of fall/winter) with restrictions being lifted … but soon the figurative and literal winter will come.

Think that’s a bit much? Well, let’s just take a look at one item.

The video in the link above, mentions the need for ‘body bags’; that we’ll run out … sounds insane.

Well, here they are … all ready to go.

Which brings us to the markets.

Chart Analysis, UAL:

The long term, Quarterly chart shows the extent of the technical damage.

The 80% drop could be the beginning of a multi year (maybe decades long) decline.

If it was a crash (like lumber futures), it will have the typical crash-like structure.

That is: An initial swift, decisive decline; followed by retracement which then rolls over into a sustained and long term move lower.

Meanwhile, the S&P 500, is hovering at its all-time-highs.

Not only has UAL not made a new all time high (posted way back in December of 2018), the weekly chart shows it’s formed a terminating wedge.

At this point, it’s ‘rolling out’ of that wedge indicating sell or sell short; 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.

Deep Dive: Gold Reversal

June 27, 2021 By in GDX, GOLD, Gold Miners, ice-age-farmer, Prechter, The Speck, Van Metre, Wyckoff

Gold Miner’s GDX

Fibonacci Projection

Rule of Alternation

Wyckoff analysis was used to identify the GDX up-thrust, reversal condition.

Nine trading days later, GDX is down a stiff -11.7%, from the analysis location.

It’s down -14.9% from its interim high set on May 19th.

What happens next?

This site offers a different perspective (more thoughtful, perhaps) than ‘stacking’ precious metals as high as possible.

Thoughts such as, major infrastructure disruptions (and more) are likely:

That includes nationwide power outages, food transport interruptions (or cancelled outright) along with massive ‘speck’ injected casualties (estimated past 100,000), see this report.

The very last thing you’ll need in that environment, is a stack of metal (not advice, not a recommendation).

Personal anecdote, skip to GDX Chart, if not interested.

These updates are originating from the North-Central area of Texas (DFW). When the historic cold snap rolled through this past February, the power went out repeatedly.

The first thought was not: “I’m sure glad I have my stack of silver to get me through”

No. The thinking was (in this order):

Food, water (water was second as there was plenty of it just outside as snow), munitions and ‘delivery mechanisms’, cash in case the gas station was operational … which is was not and then lastly, heat.

The location was using natural gas for heating and was available as long as there was power

Precious metals were nowhere on the list … not even considered. They had nothing to do with the situation at hand.

Precious metals come later … after the famine.

GDX Chart:

The original analysis from June 8th, is below:

Subsequent trade action (including the original notes):

Weekly chart showing Fibonacci downside projection to level(s) mentioned frequently by Steven Van Metre.

In the chart above, note the choppy action leading down to the most recent upside pivot (early March). That area expanded below:

If we’re in a reversal to much lower levels, the market tends to alternate.

It was choppy and overlapping action from the highs in August of ’20 to the March ’21, low.

Thus far at the pivot high in late May, its been essentially straight down.

With the planned outages discussed above, precious metals may become (temporarily) irrelevant.

If or when that happens, it may be time to consider a ‘stack’.

Of course, by then, no one will want to buy (and spend their worthless fiat cash) for risk of starving to death. This is how markets work.

Stay Tuned

Charts by StockCharts

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.

Deadliest in World History

June 24, 2021 By in Biotech, BIS, IBB, LABD, S&P, S&P 500, SPBIO, SPY, The Speck

3:37 p.m., EST

Injections, Deadliest Ever

Forced Compliance

Biotech Danger Point

By this time, it’s no secret.

The ‘speck’ injections as we call them, have been proven to be the deadliest in world history.

Even with manipulating data by deleting deaths, delaying updates, pressuring medical professionals not to report, the data at this link paints a stark picture.

For reasons likely to be revealed later, major corporations are ‘requiring’ their employees to comply.

Not only that, in the link above it’s the clients as well. One has to wonder, who are ‘clients’ beneficiaries?

Before we leave the topic and move on to the chart, one of the ‘features’ of the injection, is sterilization.

No more employees. No more clients. No more future clients. Somehow that’s an effective business model.

Finally, a cursory review of the local ‘certified’ financial advisers and their websites has not one word about what’s really going on.

Do these people think by avoiding the truth, somehow they’re going to increase their business?

One major nationwide adviser/broker even has (in print, mind you) that ‘we’re going to have the best recovery ever!’

What are they going to say when there’s a “no bid” market and nobody can get in or out?

Crisis will create opportunity for leadership; at this point, there’s not much if any in the financial sector (i.e. ‘best ever’, above).

When the big melt-down hits, leadership’s not coming from the ranks of the ‘compliant’ or the enforced mediocrity of the ‘fiduciary’.

Therefore, we can all take our cue; like this Irish couple who took it upon themselves, to separate from the crowd and escape quarantine.

With that in mind, on to the markets:

Analysis, Biotech

As we head towards the close with about twenty minutes left, the S&P 500, has posted an all-time high.

Biotech, SPBIO and IBB, are still well below their highs but are nonetheless at a point of instability with today’s action.

As the Hourly chart of LABD shows, we’re at the danger point and in spring condition:

A push back into the range above support, is significantly bullish for LABD and bearish for SPBIO.

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.

Deep Dive: Biotech

June 20, 2021 By in Biotech, IBB, LABD, Livermore, Neil McCoy-Ward, Nuremberg 2.0, SPBIO, The Speck, Van Metre, Wyckoff

Biotech Reversal

Downside Projections

Nuremberg 2.0

For what seems the longest time, a recurring focus of this site has been the biotech sector.

Specifically, the IBB (ETF) and SPBIO (Index).

There’s good reason for that. In this update, we’ll go deeper into the downside opportunity.

Biotech Reversal:

SPBIO, topped out on February 9th this year. The IBB (ETF) topped one day later.

Both went on to form a Quarterly reversal bar; indicating a long term change in character.

Of the two, SPBIO has showed more weakness having posted monthly lower lows for three successive months.

That relative weakness over the IBB index, has resulted in focusing on the inverse of SPBIO; specifically the 3X inverse, LABD.

Working with leveraged inverse funds is only profitable on a short-term basis or when the underlying index is in a persistent down-trend.

Otherwise, typical market chop results in value erosion of the inverse fund (not advice, not a recommendation).

For the reasons discussed in the last section below (Nuremburg 2.0), we’re anticipating the index to have a sustained and persistent drop to much lower levels.

Downside Projections:

Going way back to Reminiscences of a Stock Operator and the Wyckoff Stock Market Institute training materials, both in their own way indicated a speculative position was only entered if there was sufficient potential.

Livermore’s 10-points or more and Wyckoff’s cause and effect

In Wyckoff’s case, the ’cause’ was price action congestion built up in the P&F chart.

The ‘effect’ was the resulting move.

Which brings us to now:

Many times on this site, we’ve said biotech has built up congestion in a way, when it reverses and begins its decline, price action itself will create lower targets.

We’ll present two charts showing how that’s happening.

The first P&F chart in this update and provided below, has a projected downside target for IBB around, 116 – 120 area:

Note, the downside is not to scale as the real location is far below the noted area.

Biotech IBB, then went on to post lower action. That in turn has resulted in an updated downside target:

Once again, the downside is not to scale.

It’s apparent, as IBB heads lower, it successively builds lower targets and it’s only (potentially) just getting started.

The weekly chart of IBB below, spells it out:

If and when IBB price action gets to the initial targets, it enters a congestion area that will (by that time) be over seven years wide.

If the trend is still down, that congestion in turn would target even lower levels.

The “-80%” interestingly enough, comes from a quote by Steven Van Metre at this link.

That 80% drop also corresponds to a downside Fibonacci (not shown) projection of 423.6%, on the above chart.

Nuremberg 2.0

This phrase has become so ubiquitous you can do a search for it.

So far, not a single mainstream financial site or YouTuber (still on that platform) has mentioned this fact in their analysis.

The speck injections are mass genocide and intended as such.

Two recent events resulting from injections are here and here.

If all of a sudden, injected pilots can’t fly (the first link), how are goods going to be transported?

Not generally known to the public, commercial air-transport is also used to haul freight (while carrying passengers).

Exactly how all of this (world crime) will break is unknown.

If and when it does, the result in the biotech sector as well as equities in general, could be successive air-pockets all the way down.

Stay Tuned

Charts by StockCharts

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 “Throw-Over”

June 14, 2021 By in Biotech, IBB, LABD, MRNA, SPBIO, The Speck

11:35 a.m., EST

Price action posts new weekly low

Now, back into the (wedge) range

In a situation that’s straight out of any typical trading text: ‘When a market goes into a throw-over and then enters back into the range, it’s a classical analysis sell signal’ (not advice, not a recommendation).

That’s where Moderna (MRNA) is now.

Moderna’s the ‘chief cook and bottle washer‘ for the world-wide kabuki theater. So, we’re using it as a proxy for the biotech sector as a whole.

Separately, biotech index IBB, is retracing but has not posted a new daily low.

Inverse SPBIO fund LABD, has formed an hourly reversal bar and looks to be forming a daily reversal bar. As of this update, it has yet to post a new daily high.

Charts by StockCharts

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

June 13, 2021 By in Amazing Polly, ice-age-farmer, Jerimiah Babe, Random Notes, The Speck, ZeroHedge

The usual suspects for the week.

No. 1

Succession Planning

Note: This source (linked) has not been vetted. However, it could be one of many to come; therefore, it’s included in the list.

One more brick in the wall showing major corporations all on the same script.

A script like ‘we’re all in this together’ popping up instantly nationwide. Now, we have those same entities planning to replace all those who have been injected.

No, it’s not the ones who have refused but those who willingly lined up (in most cases except children) to limit, or eliminate their lifespan.

Just in case the first link may not have the right pedigree, here’s one showing that Goldman Sachs wants to know your ‘status’.

The mainstream paints it as working to ‘be safe’ (and get injected).

It really may be to identify who needs to be replaced.

No. 2

Lumber Crash, Economy Next?

That was the update for June 5th. Now, we have the mainstream report.

Hidden within the article is a miss-statement or outright lie:

“With that being said, when you think about the amount of housing we’re going to have to build in the U.S. over the next three, five, 10 years, that’s a significant amount of demand for wood products.”

Sorry … anybody with two studs rubbing together knows there’ll be no lumber demand … except for coffins … but then again, FEMA got that worked out years ago.

No. 3

Food Supply Controlled Demolition

Ice Age Farmer bats-a-thousand as he puts out two reports here and here discussing the latest salvo in food supply destruction.

He’s been on the forefront; politely admonishing his viewers to get going with their own food production.

Anyone who’s done so in a serious way realizes quickly, there’s a big learning curve to get a private garden up to maximum production.

It takes years as the first harvest needs to produce seeds acclimated to the local region. After that, they come up like weeds.

Logically then, one needs enough stored food to last for one year.

What’s in your pantry?

No. 4

Take heed that ye be not deceived

Even though this link contains a presentation on what may be truth, the poster Rogersings NWO News! , notes correctly (in his comments below the post) there’s something wrong.

To put it succinctly:

I am the way, the truth and the life …

From this site’s perspective (The Danger Point), the presentation above allows these two (Madej and Stone), to be crossed off the list of truth sources.

Just listen to the new age lingo. What a load of bollocks.

Enough said.

No. 5

Clown Show at The G7

A world of illusion.

Is the ‘elbow bump’ just a new version of this salute?

No. 6

Priced Out of The Market

Jerimiah Babe presents (time stamp 5:38) that this firm, article linked here, has decided to take the money and run.

The middle class is priced-out for now. However, if the U.S. population craters over the next three years, won’t the joke be on them?

No. 7

It’s Tough Being An Idiot

First, they tell me I can’t travel unless I get injected.

Of course, I ‘follow the rules’ and do the right thing; get myself injected.

Now, they tell me I can’t travel because I’ve been injected.

Personal anecdote (skip to No. 8, if not interested)

Way back, right about the time Mask on, Mask off, was posted, I had a conversation with the Janitor at the local home improvement store.

Just to be clear, restrooms at these outfits are some of the most disgusting I’ve ever seen; Worse than your typical Allsup’s gas station on Hwy 287, heading to Amarillo.

This guy was South American and had lived in Brazil. During our conversation, he proceeded to tell me the ‘speck’ was a hoax. He said it was just like the propaganda being pumped out down there before elections.

His comments were additional confirmation of my own research.

The point here, he’s not ‘educated’.

He works for minimum wage, cleans up never ending human excrement from the floor and yet, he’s awake to the lies and deception.

At the same store, you can find a middle-aged ‘lot loader’ gathering shopping carts in the parking lot.

Talking with him about current events has him quoting Revelation.

So what gives?

I’ve heard one presenter (Amazing Polly, if memory serves) say that ‘stupidity is a choice’.

It’s uncomfortable to recognize and act on truth. It’s much easier to stay in the crowd where we’re all safely injected.

Therefore, our rule following traveler above chooses stupidity rather than the raw edge of reality; that reality is, nothing … absolutely nothing, is ‘safe’.

In their intentionally compromised mind, they’ve convinced themselves they’re doing the ‘right thing‘.

So be it:

The difference is, they have to stay home now as they’re not allowed to travel anymore.

No. 8

Color Blind

Two moms are filmed testifying in front of school boards.

The links are here and here.

One topic is more intense than the other; taking that part into account and closing your eyes, you will not be able to tell which one of the mom’s is black.

Just from watching, you can tell they both have character and courage. They are well spoken and educated.

Those are the exact things ‘the world‘ seeks to destroy.

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.

Biotech Targets

June 11, 2021 By in Biotech, Dr. Elder, IBB, The Speck 1 Comment

12:34 p.m., EST

Upside Breakout Eroding

Potential Wyckoff Up-Thrust (reversal)

Measured Move Targets

Starting with the (unmarked) weekly chart of IBB below, we see the current upside breakout.

We’re going to invert the chart and label the ‘resistance’ as ‘support’.

Inverting charts is a technique discovered years ago in a long since forgotten trading text; possibly Dr. Elder’s

The ‘inverting exercise’ is to help eliminate chart bias.

For example: If you see bullish no matter which way you turn the chart … there’s a preconditioned bias that’s affecting decisions.

On to the inverted chart:

What we see above, is a typical Wyckoff spring set-up.

Price action has decisively penetrated support (resistance on the regular chart) and is now eroding.

The distance of the trading range is shown as the dashed line.

Look at the near perfect symmetry.

Putting the range bar at the top of the trading range gives a measured move … right into resistance (support) of the next range.

Price typically moves down, two or three times as fast, as it moves up.

That’s why the professional speculators (throughout trading history) prefer down markets. If there are profits, they show up a lot faster.

Fundamentals:

Enormous pressure continues to build against the sector. You have to wonder what’s it’s going to take for the big break.

Just out last night, was this report from ZeroHedge. The CDC is having an emergency meeting to discuss ‘heart inflammation’ problems with the injections.

Let’s start there with a ‘safe’ topic and not discuss things like ‘dead within 15-minutes’ of injection.

Or maybe this one: A bloke gets himself injected and nearly kills two people with his truck a few minutes later.

The date on the video is June 11th. People are still getting this thing even with so much adverse reaction (death) information available?

The two narrating have a good point. What happens when a pilot is on final approach in bad weather, when he suddenly goes into an ‘event’.

Stay Tuned

Charts by StockCharts

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

June 6, 2021 By in David Weis, ice-age-farmer, Random Notes, The Speck

The usual suspects for the week.

No. 1

“Intermittent reinforcement, is a hook.”

That’s what the late David Weis told me during a mentoring session years ago.

Being told a half truth, fools the easily fooled into thinking that maybe someday, they’ll be told the whole truth.

It’s a psychological hook that never ends.

The so-called news organization at this link, likes to act like it’s part of the opposition; It feigns surprise as it ‘reports’ on carefully crafted, selected, intermittent reinforcement topics.

Nothing happens at this level that’s not planned.

Nothing.

No. 2

Cyber attack at largest meat packer.

Just one of many hits taking place in the cattle industry.

The cattle livestock/ranching sector continues to be under increasing (planned, intentional) attack.

As Ice Age Farmer reports, both Colorado and Oregon are working to outlaw cattle ranching; making it too expensive to raise beef and thus eliminating the practice.

Meanwhile, back at the ranch … literally, there’s an independent meat processor near Fort Worth.

Personal anecdote below (skip to No. 3, if desired)

There’s a ‘hole in the wall’ meat processor in a town near Fort Worth.

It’s located well off a main road and next to several nursing homes. Vacant, weed-overgrown lots, surround the building.

You have to navigate a giant pot-hole in the dirt parking lot to get to the metal barn-like entrance.

Once inside, you’re standing on a cement floor and facing a long refrigerated display case … probably, 20ft – 25ft, long.

It’s at that point, you realize you’re not ‘inside’ but actually underneath a metal overhang that was attached to the outside of the main building.

From the amount of rust visible and the worn paths in the concrete, it looks like this ‘addition’ took place at least twenty years ago.

While I was there, a man who had driven from Sachse (pronounced Sacks-see) was there to pick up his order.

Sachse is on the other side of the Dallas-Fort Worth metroplex. It’s over 60-miles away. Not far in Texas, but still.

This is the type of place that will process your typical deer or other game kill for the ‘Bubba’ type hunters.

That is, until now.

There’s a sign at the entrance that says because of the overwhelming increase in business, game processing will no longer be available.

That sign is right next to the “Help Wanted” sign.

So, that’s how it’s mapping out … at least on that day in this town next to Ft. Worth.

The infrastructure is fragmenting.

Extrapolating the example above, it looks like small independent ranchers and processors will attempt to pick up the slack … but it’s not likely to be enough.

The real constrictions to the food supply have not even started. This small hole in the wall, is already overwhelmed.

No. 3

One reported effect of speck injection is being termed “Jab Freeze“.

The link shows what that may look like. Source has not been vetted.

You be the judge.

No. 4

Nurse calls out her corrupt and cowardly co-workers.

At time stamp 6:53, she calls them “The Devil’s Little Helper”.

Taking money to knowingly inject people (and now, children) with a lethal concoction is betrayal.

I wonder if that extra pay amounts to ‘thirty pieces of sliver’.

No. 5

Don’t drink the Kool-Aide

Remember that?

Late Saturday night, an episode of “Corrupt Crimes” was aired that covered the Jim Jones massacre.

Did you know there were survivors? Want to know how many?

There were 33 survivors.

That puts the whole event in a different light doesn’t it?

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.

Lumber Crash … Economy, Next?

June 5, 2021 By in Lumber, SPBIO, The Speck, Uneducated Economist, WY, ZeroHedge 1 Comment

Lumber futures’ follows familiar ‘crash’ pattern.

From a July futures contract high of $1,711/thousand board-feet, futures prices have crashed to $1,284/thousand board-feet, in less than a month.

As this ZeroHedge article states, the futures collapse was precipitated by delays in construction.

Those delays were because of … well, high prices.

Now, the cycle starts.

Delays precipitated the price collapse. That in turn, will cause more delays as construction entities wait for lower prices.

Those lower prices could materialize. Right along with project cancellations from contract loss, job loss, earnings downturns and on.

Personal anecdote below (skip to ‘Analysis’ if not interested):

Yesterday, a trip was made to the local home improvement store … the one with the orange logo.

During robust economic times, the loading area at the lumber ‘contractors’ end, is so busy that pickups, flatbeds and trailers, are lined up in double rows.

This time, walking into the contractors entrance, there were no customers in the loading area. Treated fence pickets were stacked two – three bundles high in rows. At the same time last year, there we none available.

Going inside and down the lumber isles, inventory was well stocked.

The treated 4X4s were available (although more expensive) and another re-stock bundle was available to be pulled from an upper rack.

Treated 4X4s, are high volume sellers at that location (Ft. Worth area). It’s a good gage of economic activity.

Last year at the same time, there were no 4X4s in that rack for several months in a row.

At the time, similar reports of such were being presented by Uneducated Economist. No treated 4X4s, anywhere.

In the lumber isles, there were just a handful of customers (mom and pop types) and absolutely no professionals or contractors.

The lumber carts, typically called ‘H-Carts’ because of their H shape, were plentiful and all lined up on the main isle. That’s also different from a year ago when it was so busy, customers had to go search for their own carts out in the parking lot.

There was one cashier and nobody in line.

This is all happening around 5:00 p.m., on a Friday.

One Friday does not a trend make … but it is a data point. The lumber area of this store on a Friday afternoon (when contractors typically get stock for the weekend) was dead.

Analysis:

We’ll look at one of the usual suspects in the lumber industry; Weyerhaeuser (WY).

On the daily chart below, it topped and reversed right along with the futures. Its had a decisive trend break as well.

If we’ve seen the top in the lumber futures and if we’ve just had a crash, the events that follow, play out like a script.

Prices stabilize at some point and begin a counter trend move.

Everyone (almost) is fooled into thinking it’s coming back … until another break lower. That’s when the real panic starts; in the market as well as the economy.

Biotech, SPBIO is in this position now

After the initial reversal, prices stabilized; then came back in a counter trend. Thus far, they have reversed at the 23.6%, level.

Summary:

It’s probably an accurate statement, that nobody really knows what’s going to happen as a result of ‘speck’ injection. Seems like all information could be compromised (controlled opposition) in one way or another.

However, what tends to repeat with high levels of probability are specific set-ups in price action.

Price action is truth.

Above, we see WY either traded at a particular level, or it did not.

Once a crash scenario (if that’s what we have) like lumber futures gets set in motion, it will be years and potentially decades before prices return to or exceed the highs.

Stay Tuned

Charts by StockCharts

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.