The CDC, The PCR, and Biotech

12:20 p.m., EST

ZeroHedge picks up the story

As if on cue, ZeroHedge has just posted this article which covers the No. 1 bullet item from yesterday’s ‘Random Notes’.

It’s typically not the article that’s of major importance but the comments.

A screen-shot of comments with a series of links from that article, are below:

ItsAllBollocks13 hours ago

Why isn’t anyone mentioning the WEF? It’s all there in Claus Schwab’s book called the Great Reset, can’t anyone read anymore?

https://straight2point.info/wp-content/uploads/2020/08/COVID-19_-The-Great-Reset-Klaus-Schwab.pdfplay_arrow13play_arrow

Mister E11 hours ago

excuse me but people post about the WEF here all the time, are you new?play_arrow7play_arrow

Not Your Father’s ZH34 minutes ago (Edited)

Yeah, right? I and others have posted many times about the not-so-Great Reset, Cyber Polygon, Event 201, Herr Unkle Klaus Schwab’s Chez Davos broiled insect loaf under polystyrene, owning nothing and being thrilled, etc. Whitney Webb has been one of the best reporters on it, Catherine Austin Fitts, many more. Lew Rockwell is the single best place to start from, as it links to all of this. Speaking of which:   7.9 Billion Lives in the Balance

The Covered-Up Crimes of Vaccine-Maker Pfizer – Just Another “Too-Big-To-Fail” American Corporation

Joe Biden Spreads Vaccine Misinformation Live on CNN to Millions of Americans

CDC Panel Signals Support for Booster Shots, as Reports of Injuries, Deaths After Covid Vaccines Near 500,000

‘Every Solution Except the Vaccine Has Been Suppressed’    We Live in a Fraud of Unprecedented Dimensions

How To Get Ivermectin      Ways To Take Action     Child Abuse       https://www.technocracy.news/

Bombshell lawsuit: Gov’t whistleblower says coronavirus vaccine deaths at least 45,000

47 studies confirm ineffectiveness of masks for Covid and 32 more confirm their negative health effectsplay_arrow3play_arrow

It’s obvious those monitoring and commenting on ZeroHedge are wide awake.

Once again, all of this brings us back to biotech.

Biotech, SPBIO (LABD) Analysis:

We’re going to start with an unmarked chart of inverse fund LABD, on the weekly scale:

It may not be obvious at first, but the chart can be separated in two as shown:

That inflection point, the week of May 14th, ’21, is where the bulls attempted a reversal and the bears (of SPBIO) are going to take control.

Notice that before May 14th, price action is wide and choppy. Afterwards, it settles down into a clean and rythmic flow.

From that inflection, LABD price corrected downward a Fibonacci 8 weeks before pivoting to the upside (SPBIO lower).

Now, we can draw a trading channel:

For months, the anticipated low of SPBIO, high for the LABD trade (not advice, not a recommendation) was/is planned to be the third week in October.

As price action progresses, and taking a cue from Robert Prechter (about trading for large gains), one needs to be prepared for SPBIO to just keep on going lower (LABD higher); even through October if that’s the case.

Summary:

The ZeroHedge article and especially the comments, show we’re in the middle of the largest fraud in world history.

It’s disappointing but not surprising, ‘certified’ management agencies (and I personally monitor quite a few) are saying nothing (publicly) about what’s really going on.

Their websites still show the ubiquitous sailboat with the retired couple looking out wistfully into the (chem-trailed) sunset.

Trading For Your Life:

With each passing day, it’s becoming obvious self-employment (like trading) may be the only way out. The big corporations are likely to mandate (illegally) en-masse, that everyone’s injected.

The plan to destroy the smaller businesses looks to be moving forward via more ‘lockdowns’.

Some states (like Texas) may somehow be separate. So far, so good.

The other states, not so much.

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.

‘Read My Lips …’

3:21 p.m., EST

No More High Prices

This article, just out from ZeroHedge, says ‘consumers’ are in a revolt.

No more high prices.

Buying plans for the major items, housing, auto, appliances has declined dramatically.

One chart, linked here, shows consumer complaints about high prices are the most since the data started … 1961.

The reality is the retail consumer has come to the end of the rope.

To loosely quote Von Mises; ‘If you don’t voluntarily get your spending under control … the market will do it for you.’

To quote another financial source, Steven Van Metre; he has discussed for months, that high prices will be rejected. The economy will contract and bond prices will rise.

Bonds have indeed gone up in anticipation of contraction; or forecasting an outright collapse.

Throw into the mix that we’re going to have some kind of ‘fatality event’ this coming winter; for sure, there won’t be much demand for high priced items … just from the contraction of the population itself.

Which brings us to biotech (SPBIO).

SPBIO (LABD) Analysis:

The unmarked chart of inverse fund LABD is first (just to give perspective):

Next we’ll show that LABD has or is testing support and at the same time, confirming a trendline:

Biotech is the downside leader … sometimes tag-teaming with gold but for the most part it’s biotech.

Positioning:

It’s no secret I have positioned my firm short this sector in a big way since April of this year (not advice, not a recommendation).

That position has been adjusted over the months but has been steadily increased since the intermediate low on June 28th.

Since that low, the position has been increased six times (including yesterday) and may also be done so today.

Summary:

Once again, we’re heading into the weekend. The S&P (SPY) has just printed ‘out-side-down’.

Anyone still want to hold long the market?

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.

Economic Collapse … The Model

1:44 p.m., EST

South Africa shows us how it’s done

‘Hey J.B., when’s the collapse?’

That’s a comment often seen on any number of Jerimiah Babe’s updates; openly mocking his doom and gloom assessment.

Whether he’s at the local homeless camp in Los Angeles, or in his home next to the golf course, the question remains the same;

‘J.B., When’s the collapse?’

Sometimes his response (if he’s at home) is to turn his head to the window and say “Have you looked outside?”

A good number of American’s have become so pathetically weak, ignorant, and just (to overuse the word) plain stupid, they expect to sit on their newly built patio deck (using last year’s stimmie check) and observe the fall of the U.S. from the comforts of their own back-yard.

Of course, there are some (including this author) who are first generation Americans. Their parents and grandparents emigrated (or escaped) from communist countries.

Those people do not have to ‘wake up’; they were never asleep.

Coming Attractions:

South Africa gives us the model for what’s in store … at least for sections of the U.S.; probably starting first with the blue sates (we’ll see).

You might say, it’s already happening in Portland.

One news item of note shown in this report from South Africa, is neighborhood patrols.

If that’s coming our way, then we’ll need to get outfitted (if not already). Here’s a good place to start.

All of which, brings us to the markets.

Bonds (TLT):

Yesterday’s update showed how the so-called ‘bloodbath‘ was actually a set-up to go long (not advice, not a recommendation).

It didn’t take long for bonds (TLT) to give a Weis method ‘buy signal’. That happened at the open today.

The bull move in bonds does not confirm the ‘re-opening’ hype. That in itself, should be all that’s needed to make decisions.

It is interesting to note; on sites like ZeroHedge, there’s no talk whatsoever that biotech has (already) reversed and is leading the way down.

As of this post, inverse biotech fund LABD, is up about 38%, from its lows of late June. It appears poised for yet another breakout; lower for SPBIO and higher for LABD.

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.

Garbage In … Garbage Out

10:49 a.m., EST

Another day spent digging in the trash

This morning’s perusal through the usual suspects of finance, leaves the feeling you’re sifting through garbage.

Every once in a while, like yesterday’s post, there’s something useful.

Most times, not.

Today is no different.

Here we have an article about the ‘bond bloodbath’ and how inflation is not transitory.

Instead of falling into the trap of contesting the current false narrative, we’ll take a different approach.

How can the constant stream of financial nonsense, lies and miss-direction, be put to use?

Since the article linked above is about bonds, we’ll use that for our example.

The Bond Market (TLT):

First, the David Weis training video (linked here) has been discussed many times over the years.

We can’t make recommendations but we will make a suggestion; that is, whatever the video costs at this point is well worth it.

Our TLT market entry technique (below), is taken from that video (not advice, not a recommendation).

We’ll start with an unmarked chart of TLT. The ‘bloodbath’ referred to in the link above, is yesterday’s down-draft.

Steven Van Metre has already laid the fundamental groundwork (for about a year) on why bonds will rally.

We’re there now but the market’s not going to let anyone get positioned long easily.

The next chart shows how the Weis technique can be used to get aboard the rally.

Yesterday’s so-called bloodbath, is really a trade entry set-up.

Notice how the market does not come back to the ‘entry’ levels. This chart fits the Weis example to perfection.

The bond market’s signaling there’s something very wrong with the ‘reflation’ or ‘re-opening’ trade.

The reflation, re-opening does not exist.

The economy is not coming back.

Summary:

It took over twenty years of searching to stumble across the Weis video. As with a lot of things in life, it was almost by accident.

After watching him dissect the ‘Apache Spring’ (APA) trade, it was obvious the search for ‘truth’ had ended; the education was about to begin.

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.

SOXX: Testing The Top

12:03 p.m., EST

Underside Test of Resistance

The last update on SOXX, noted one thing missing was a new daily low confirming the reversal. About 15-minutes after that post, SOXX printed a new daily low.

Now, we’re in an underside test of the breakdown.

The daily close chart (above) shows price action coming back to the underside. This is how the market squeezes out risk of a short position (not advice, not a recommendation).

Yesterday’s update had a link to ZeroHedge about how the market ‘has to’ move higher this week; the ‘selling’ is finished.

A healthy way to view this type of information is to be aware of the source.

If it’s a major retail brokerage or trading firm, their own (internal) market stance is likely to be completely opposite their financial press release.

Let’s see what happens next.

We’re not looking to short the SOXX but it’s still an educational exercise to monitor the sector.

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 market does not ‘have’ to do anything.

Here’s a link to a Zerohedge report letting us know why the market ‘has to cover shorts‘ and move higher this coming week.

The reason retail money managers, pundits and the financial press don’t focus on price action and volume (a life-long pursuit of mastery), is because it’s hard.

As the late David Weis said:

‘There’s a lot to this game of reading the chart.’

Just as Steven Van Metre has drilled down into perfecting his style of bond ‘macro’ management, so too has this site drilled down into the nuance of volume and price action.

That in turn, is coupled with the externals (the ‘macro’, if you will) of sentiment and fundamentals.

It’s more art and intuition than science.

That’s a good thing.

The pointy headed ‘quants’, can’t quantify intuition.

The market (which is thinning out as we speak) may indeed rise this coming week. However, if it does, it won’t be because it ‘has’ to.

No. 2

The ‘knock at the door’

Awaken With JP has a humorous but educational approach on how to help those who want to ‘help’ us.

No. 3

Get the ethanol out

Here’s a brief video on how to get the ethanol out of gasoline.

Once that’s out, you’ll need octane boost. This seems to be highly rated stuff.

No. 4

Grow and store your own. Food, that is.

In this report from iceagefarmer, the picture at time stamp 10:27, should dispel all illusion. ‘Shaking hands with Klaus’.

At time stamp 16:02, notice how many farmers have been notified.

Once awake, anomalies like these ‘numbers’ are spotted instantly. It serves to remind us, who is ‘of this world’.

My kingdom is not of this world

No. 5

Brew your own. Beer, that is.

At this point in time and with global shutdowns on the horizon again, maybe we just brew our own.

I have purchased the exact kit shown in the link.

Report on the results to follow.

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.

Never More Fragile, as Now

Stretched, Stretched, Stretched

Slightest Dip, Cascading Effect

The last update had what some might consider a hyperbolic statement:

” … a market break anywhere from 20% to 50% (in our view) can happen at any moment.”

Less than an hour after that post, we had this from ZeroHedge.

” …in other words, stocks may be at a record high, but they have also never been more fragile and more sensitive to even a modest drop.”

Of course, nobody’s going to come out and publicly say we could get a ‘disconnect’ that results in a 20% drop or more, overnight.

Remember the Flash Crash of 2010?

In the entire history of the market, that’s never happened before, either.

Biotech Backdrop:

We’ve got empirical and anecdotal evidence pointing to the real objective of the ‘experiment’; now, we’re fortunate enough to have a data analyst doing what the medical establishment used to do.

That is, maintain and present the data.

The analyst at this link, is parsing the government database of adverse reactions. That analysis can be viewed here.

Reviewing the data solidifies the fundamental case even more for biotech implosion (taking down the broad market as well).

Mr. Benavidez estimates: 100,000 – 200,000 already dead in the U.S.

Let’s not forget; nearly half of the states have approved ‘liquefaction‘ of the deceased to be used as ‘fertilizer’. These are facts.

Seems like everything’s well planned … far in advance of current events.

Biotech Technical:

Since the SPBIO, index does not provide volume data, we’ve done a modification.

The SPBIO, weekly chart is below but it’s inverted. The weekly Force Index of leveraged inverse fund LABD, has been added.

On a closing basis, SPBIO (inverted) has penetrated just below support. It’s done so on significantly divergent energy.

Drilling down to the daily, it’s a similar picture; except we see the axis line (now support) more clearly.

Summary:

With the conditions noted above, SPBIO’s in position to pivot. Heading lower while LABD moves higher.

Potential USO Model:

When the big reversal takes hold, conditions may be similar to oil (USO) from July 2014, to the interim bottom of February, 2016.

During that move, the market retraced no more than 23.6%, at any stage of the decline.

However, if you recall, newsletter writers, pundits and YouTubers were putting out their prognostications; get into oil’s ‘big rebound’.

By February 2016, USO’s down a whopping – 81%. The oil market never came back.

Final Notes:

One commenter to a Jerimiah Babe video observed:

‘Most people think the worst is over when it’s not even started.’

That exemplifies the mindset required. This economic and societal decline is going to be a very long ordeal.

The normal at this point, is anything that wasn’t normal before.

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

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: Break-out or Blow-off?

2:41 p.m., EST

Massive volume in Biotech, IBB.

Price action penetrates resistance.

Heading higher or set-up for collapse?

It’s about 80-minuts before the close and already, IBB’s printed more single day volume than in the past four years.

There must have been a huge number of stops at the resistance area for price action to launch so decisively.

Now, as we get near the close we’ll see if it was just short covering, or if there’s really some kind of demand to hold and move prices higher.

The 4-Hour chart (below) shows a potential reversal as we head into the closing hour.

It’s the trader’s discretion on how to interpret and position (if warranted) in this environment. This site does not make recommendations.

However, based on the technical and fundamental data provided over the past year, we’re expecting at some point, a complete collapse of the sector; bottoming-out sometime in mid to late October, this year; not advice, not a recommendation.

If IBB continues to push decisively upward from here, meaning, tomorrow’s session is follow-through action, it will most likely (but not fore sure) invalidate the ‘collapse’ scenario.

We’re at the danger point

One of many other factors helping the bearish assessment is the release of this report:

Sell signal hits all-time high

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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.

Lumber Crash … Economy, Next?

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

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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.