… Cue The ‘Hype’

Right On Schedule … A New ‘Variant’

Seems like just yesterday, we were saying:

“There’s all kinds of nastiness in the guise of ‘new strains’ out there; likely to raise their heads before Christmas and probably after as well.”

Wait, … that really was, yesterday.

So, now we have the ‘Nu variant’.

Get it? A, new variant. 🙂

The ‘Epsilon’ variant (from the idiot in Brave New World) is probably being saved for last … because if anyone’s still believing the hype by that time, it won’t matter … they’ll be fully ‘boosted’.

That doesn’t mean the pros can’t make money off the herd … while there still is a herd.

Which brings us to today’s underside test action of MRNA.

Moderna (MRNA):

Well, that retrace was quick.

First, let’s show yesterday’s weekly chart.

And now, today’s

It’s true that price action is testing the underside.

However, if we go to the daily chart (below), we can see if price action can make it just a bit higher … to the 360 – 380 area, then we have an up-thrust (potential reversal) condition.

The chart looks similar to our gold (GLD) up-thrust target, linked here for reference.

Recall, for that set-up, it took two months for GLD, to penetrate resistance … and then go into a vicious reversal.

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.

The Danger Point®, trade mark: No. 6,505,279

Tech Talk, Moderna (MRNA)

Underside Test

Even though scenes like this one, this one and this one, are now common, the mainstream still seems to be ‘mystified’ as to the cause.

With all that happening as we speak, Moderna (MRNA) is finding itself potentially rising to test the underside of its trend line break.

Moderna (MRNA):

Weekly un-marked chart

Marked up with trendline break

Zoom in, of potential underside test area.

Summary:

Markets like to test … it’s what they do.

Sometimes, as with the gold hysteria, there’s a story to go along with the action. All intended to herd the easily led into the wrong side of the trade.

So, it could be with MRNA.

There’s all kinds of nastiness in the guise of ‘new strains’ out there; likely to raise their heads before Christmas and probably after as well.

These events may coincide with the previous post about biotech possibly heading for retrace and up-thrust.

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.

The Danger Point®, trade mark: No. 6,505,279

Biotech, At The Danger Point

In More Ways Than One

For now, we’ll discuss only the technical aspects.

We’ll leave the rest of the truth for mainstream news.

Discussed previously, the sector (SPBIO) was left with our assessment that it may reverse higher into a retrace; combined with an up-thrust/reversal.

That was then.

Biotech, SPBIO, Now:

Daily un-marked chart of SPBIO:

Below, a marked-up chart showing penetration and move off support (Spring Condition).

Included, is the 38% retrace level … location for potential test and reversal:

As with the on-going reversal in gold (GLD) and the miners, GDX, GDXJ, we’ll have to see how this plays out.

Unfortunately, as we head into what used to be the regular flu season, those who received ‘protection’, are going to find out they’re not protected at all.

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®, trade mark: No. 6,505,279

Tech Talk, Gold & Gold Miners

Trend & Channel

Who’s taking the bull side on gold?

If we use the just released ZeroHedge articles listed below, the inference is the average investor’s on the bull side:

Investors overweight in stocks

Gold probes multi-month highs

Futures flat amid inflation jitters

Especially notable in the ‘Gold probes’ article is the statement, gold pushed above ‘key price resistance’.

That key resistance was first identified in this post as the target for potential major reversal.

This Is Now

So, here we are.

Gold (GLD) and the miners, GDX, GDXJ, have pushed above resistance levels. The bull/bear fight is on.

At this point, it’s not known who’s ultimately in control.

A retrace to breakout support for gold (GLD, GDX, GDXJ) is normal under either circumstance … bullish or bearish.

What happens at that support is the deciding factor. A bounce and continuation upward, the bulls are in charge.

A bounce, then failure, nods it to the bears.

That’s why we’re at The Danger Point.

It’s the location where price action hesitates. It’s unsure and can go either way.

The weekly chart (below) of GDX, is marked up with a modest sloping down-channel … declining approximately -26%, annualized:

From left to right, that right side contact’s been in the making for over a year.

Even worse (for the bulls) is the next chart:

Note the right side channel is an estimate and has not been confirmed with additional contact points.

We’ll zoom in on the possible new channel:

Price action made several contacts with the grey centerline and the entire channel structure looks symmetrical.

‘Transitory’ & The Elephant

The reason (supply chain) inflation may be transitory is that demand is going to collapse.

It’s already happening.

Now, that news is just starting to hit the mainstream.

They pretend like they’re not sure what’s it’s all about. So, let’s help them out with some facts.

Embedded within the article at this link, is an actual list of ‘strange anomalies’ that are occurring amongst the most athletically conditioned in the world.

If it’s happening with the athletes, it’s happening in the rest of the population.

Summary:

Early this session, Gold (GLD) and the miners, GDX, GDXJ have, or are testing their highs with inverse funds DUST and JDST testing the lows.

If this is a major transition from up to down for gold and the miners, this type of back and forth is normal.

Positions:

We’re still at the danger point but action can’t stay at these levels for too long. If it does, that would imply the bulls are gaining control and going to move the market to much higher levels.

Obviously, since we’re short (not advice, not a recommendation) via DUST, we’re on the other side of the gold bull trade.

A reasonable stop for DUST would be at, near, or just below yesterday’s low of 16.72 (not advice, not a recommendation).

As of this post, with DUST currently trading at DUST, 17.11, my firm’s position is down a modest – 1.82%.

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.

The Danger Point®, trade mark: No. 6,505,279

Ventas … Rolling Over

Demographic Impacts & Price Action

The very first sentence at the Ventas website, linked here (under ‘portfolio’ statements) may no longer be true.

With ‘official’ data essentially suspect, we won’t know what’s left of the ‘ageing population’ until far in the future.

This winter (what used to be the regular flu season) will/should give some indication of just how much the customer base of Ventas has literally disappeared.

Looks like price action has already decided and is rolling over … even while the overall markets continue to press at or near new highs.

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.

The Danger Point®, trade mark: No. 6,505,279

Random Notes

The Usual Suspects For The Week

No. 1

Only The Beginning

Probably the best example thus far of what lies ahead.

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. 🙂

Remember this?

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.

The Danger Point®, trade mark: No. 6,505,279

Peak Oil ?

Will Demand Collapse Faster Than Supply Contracts ?

Is There A Biotech Connection ?

The Next Chess Move

Everyone’s good at telling you what the problem is; it’s a financial collapse !!!

No, Duh!

The hard part is, how to position for the unknown at least for those of us in the serfdom.

The so-called elites, the oligarchs know (or think they know) exactly what’s happening.

They move their chess players and we move ours. The goal is to position for (potential) profit with the caveat we all make it out on the other side.

Personal Anecdote (skip to XOP Analysis if not interested):

I have a close family member that’s been a school teacher for about twenty years. He/She is well known in the local town and has a significant number of connections.

Because the children being taught are typically small, ranging from kindergarten to fourth grade, those kids tend to reveal all that’s happening at home.

Their revelations include financial status (or lack of), political leanings as well as abuse that’s happening physically and sexually. It’s the real deal.

As an aside, any potential crimes are fully documented and reported.

The point here is, this contact has revealed that children, family members and extended family members are severely ill or dropping dead after receiving an ‘injection’.

However, the surviving family members are just too stupid (or afraid) to put it together; the injections are causing the deaths.

It’s some kind of mental block and/or mass hypnosis.

It’s wrenching and heartbreaking.

However, at the same time and this is where it gets harsh, for those of us in the faith, we know Biblical scripture tells us the Lord delights in hiding the truth.

One has to diligently seek out truth. It takes work and a prayerful form of neural plasticity; the ability to be mentally flexible.

Truth is not for the lazy, the incompetent, the coward.

Why should immutable truth come to a coward or idiot that does not diligently seek it?

New ‘Variant’:

The rapidly increasing deaths may be passed off by the mainstream media as some kind of new ‘variant’.

That ‘variant’ brings us to the market at hand; oil and oil exploration XOP and possible biotech connection.

XOP Analysis:

As with biotech SPBIO, and its leveraged inverse fund LABD, so too we have Oil & Gas Exploration XOP, and leveraged inverse fund DUG.

The long term un-marked, weekly chart of XOP:

Next, we have price action contacting a multi-year trendline:

Moving closer on the weekly, we have a terminating wedge:

Terminating wedge(s) typically result in price action moving opposite of wedge formation.

In the case above, that would be a reversal to the downside.

This past week’s bar was a reversal. It’s a potential signal the formation is complete and XOP is ready for the downside.

Of course, if XOP is about to head lower, inverse DUG is about to head higher (not advice, not a recommendation).

Daily chart of DUG.

The Biotech (SPBIO) Connection:

The weekly chart of SPBIO, shows momentum on downward thrusts has slowed. The black dashed arrow’s trajectory is becoming more shallow:

If biotech is going to retrace, the solid blue line is a Fibonacci 38%, as well as potential location for an up-thrust (downside reversal).

A new variant (which is likely injection injury) may be used by the media to drive biotech higher to the retrace level.

We’ll have to wait and see if there’s a reduction of the population as we head into the end of the year. It’s a known fact, the injection destroys the immune system … so far, permanently.

That would be a factor in the up-coming flu season.

Remember that?

We used to have a regular flu season … but that all disappeared (re-branded, actually) with our current situation.

Summary:

Nearly all recessions have started with rising oil prices.

However, we’re not in a recession but an all out collapse. The economy is contracting at the fastest rate in U.S. history.

Our current position is demand will collapse faster than supply restriction (not advice, not a recommendation).

Or, we could still have rising oil prices but it won’t be enough to offset the cost of drilling and production; lack of demand may be overwhelming.

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.

The Danger Point®, trade mark: No. 6,505,279

Random Notes

The Usual Suspects For The Week

No. 1

Hey Dan … ‘Dude, Your Posts Are Getting So Dark’

Not sure what these snowflakes are expecting; Dan is one of the more positive ones.

Maybe they still think they’re going to watch the market and societal collapse from the comforts of their own back yard.

No. 2

School’s In Session: Bring Out The Masks!

This time around, it’s different. Even deep in the heart of the gulag, it looks like there’s an awakening.

This link is from a board meeting in San Diego

No. 3

Just 15-Days To Go

Before the end of speck ‘assistance‘.

That assistance ends September 6th, which is the Monday after Labor Day.

The Monday after Labor Day 1929, was the market peak.

No. 4

One Of Their Own!

You’re part of the ruling class. You were told you’re just going to get ‘saline’.

But then, you spot one of your comrades (that was in line with you) coming down with this

No. 5

In Good Company

Steven Van Metre comes out with his Sunday Night Charts …. and at time stamp 10:54, his conclusion is the same as yesterday’s report.

Gold and the miners ‘on the edge of an abyss’.

No. 6

Defining Moment In History

Jimmy Carter had this image to define is impotent presidency; so too now, we have this image to define an incompetent, not even a presidency.

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.

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.

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.