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Friday, December 9, 2022

My thoughts on the recent pullback continued, reboot

 The current market looks like the movie Groundhog Day. Same thing every day, no change, unchanged.  

This morning I watched the first 30 seconds of World Wide Exchange, and host actual called this a "5 day pull back", when the $SPX didn't even end the trading day lower, and even the $NDX ended the day up 1.2%. The lame stream media must think investors are stupid! 

Here's another thing the lame stream financial fake news doesn't report. China up 3% every day 

Breaking News: $CZH China Index up nearly 100% since Oct.! 

Sure, Bloomberg will report that covid zero policy is set to change, but they don't report that China has been on, and continues to be on, an absolute tear! 

$FXI was seen making new recent highs again yesterday, and up 3% again. 

Seeing a little pullback on a slightly higher than expected high CPI number. 

Should be a pretty boring trading day. 

See you next week,

AA 


 

Wednesday, November 23, 2022

Market Update Wed 11/23/22 -Thanksgiving Eve - Red Alert: Bad News - Incoming!

 This morning, a little after 4AM: I was watching CNBC World Wide Exchange (WWE) - on the DVR - as I normally do - and I caught wind of some bad news in the works.  

I usually only watch the teaser/ intro... just to see what (5) headlines they're pushing, but this morning something compelled me to watch for nearly a full 5 minutes... and it didn't take long for Senior Markets Correspondent Dominic Chu to let the cat out of the bag! 

Paraphrasing: I heard him report something to the effect that, "some investors are looking for a bigger downturn, than we've already seen"?

As I Alerted This Morning 


I can't imagine what they have up there sleeve in the way of manufactured bad news, which will no doubt be used to take markets down again, but this is their MO, and the charts agree.      

Whatever they have planned, just remember the images on the screen are probably only an illusion, designed to steal your money; From the flashing red banners, and (red) flashing tickers, to the made up headlines. It's mind control. 

  


Wednesday, November 9, 2022

Market Update 11/9/22 - Market Lower On The Election Results

Today I plan to touch on the $VIX again, and the Crypto crash, but first allow me to rant on the stupid election coverage! 

This morning, I was watching - several different networks - coverage of the election results,  and it seems to me that Bloomberg is by far, the most incapable of writing an honest headline. They can't just report that the Republicans won back the house in a landslide, because they mustn't use the words, "republicans", and "win", in the same sentence, or they probably risk being fired. 

Between their nonstop politically bias coverage of everything, from the election, to climate, and even Elon Musk, the entire western media has become a joke.  

"Some races are still too close to call", but the idea that we can't even tabulate a vote at lightning speed, in 2022, should be the sad headline, and how do we even know that there is election integrity, when the power structure continues to call people "election deniers"? Who do you think is behind that message? See: 

How the National Security State Manipulates the News Media catoinstitute.com 

More:


As an independent, I'm not celebrating this morning, because we didn't see a wholesale rejection of the entire power structure. I could give many examples of how the sheep went out and handed power back to the same people who have enslaved them, over the past several decades, and especially the past 2  and a half years, during the covid lock-downs. I imagine these must be the same idiots, racing to the next stoplight, with a mask on their face! 

As far as I'm concerned, nobody won, as the same people remain in power.  

What Does The Market Think About The Election Results?  

The market reaction is negative, because the market likes out of control spending, more than anything else, and even though there are few fiscal conservative left in congress, they will not be sending out any more free checks, at least not for a while.... 

Some folks claim that, "the market likes gridlock", but the market prefers open boarders, which fuel cheap labor, and everything else that's good for profits. This is in part why they had to run Donald Trump out of DC, so the 2 party system could get back to business as usual.      

So really, not much has changed, but we may see a little less spending on ridiculous nonsense, and that's going to help cool the run away inflation we've seen over the past couple years.  


Looking at the Technicals:

Yesterday, I stated that I believe that, "the powers that be", are using the low $VIX to load up on bearish Options bets, ahead of November Options expiration", and I still believe that, because I've seen this story play out a hundred times before. VIX sells off, or the market continues to rally, while the higher $VIX is ignored, and than all of a sudden, BOOM!  

Did you see the market reverse yesterday, on a dime, exactly where I said it would? 

In case you missed that, go back and see where I told you the $VIX was about to break out. 

Could I be wrong? Sure, we're only a few weeks away from the Thanksgiving holiday, and I believe we're already seeing short positions being covered, and that has helped fuel this rally, and that could continue for longer than you might think, but I think the bigger short covering rally isn't set to start until later this month, or even next....  

As I tweeted out just ahead of yesterday's close, I think there's a good chance that the $VIX remains contained, and after reviewing the charts again this morning, I'm even more convinced of that. 

Inexperienced, and impatient traders, always want to know when something is going to happen, but timing is far more difficult to predict than direction. 

The Crypto Crash 


While most traders are narrowly focused on tech, or Crypto, or some meme stock; I'm looking for a sector rotation, few are expecting. I wish I had seen the crypto crash coming, but I have no way to short that trade anyhow. I actually tried to pull the trigger on some crypto yesterday, but I figure there's plenty of time.... and this morning we're seeing it getting clobbered again. 

That may account for some of the weakness we were seeing yesterday, as contagion spreads to other markets, as margin calls hit the crypto space. 

Remember, not too long ago, when Cramer warned folks not to own crypto? 

Think he wasn't tipped off to this bloodbath ahead of time?  

  

AA 




Tuesday, November 1, 2022

Market Update 11/1/22 - "The Dow Locks In The Biggest 1 Month Gain In 50 Years"!

 

As I eluded to in yesterday's update, the powers that be have been manipulating the DOW, and in hindsight, this explains: 

1. Why Apple WASN'T SOLD with the rest of the tech sector, even though last weeks earnings weren't that great; because it's a DOW component!

2. Also explains why $CAT - gaped way up, only to partially fill another gap that was left behind back in June. An obvious pre-planned hedgefund target. 

 


You can find a list of the Dow 30 at the dogsofthedow.com 

Be sure to check out the action on $MMM, which I mentioned only a week, or so, ago! 

Fast forward to today's CNBC World Wide Exchange Headline

"Dow locks in the biggest 1 month gain in 50 years"


I suspected this was just another fake headline, CNBC is running, in order to try to sell CNBC Pro subscriptions, but a headline like this could also be used to help our counterfeit commander in chief, and the fascists who masquerade as our duly elected government. After all the midterms (election) is only 1 week away! 

"Look, your 401k just had the best month in 50 years! What inflation..? "   

Did the DOW really have it's best month in 50 years?   


I kind of figured this was a BS headline, before I even started doing my own due diligence, and sure enough I was right. 

It's easy enough to document that they're lying... without going back 50 years.

Pulling up a 3 year monthly candlestick view of the DOW 

1. April, 2020: The Dow stages a 3600 point (or 17.5%) gain. 

In today's world that would equate to a 5000  point rally, which would have the DOW trading around 33500 - 33550 - a new all time high.  

2. Oct. 2022: Dow Stages a 3040 point rally, which only amounts to 10.3% gain.   


Any way you slice it, last months rally wasn't historic. 

Speaking of the DOW 

In hindsight - the dow was driven just above the 200 day moving average, on Friday, and predictably, it held that level yesterday. That's the level to watch! 
 

Energy  


Energy held up, even into yesterday's headline, that the government is looking at putting a windfall tax on energy producers - many sources. 

In hindsight, I believe Energy only continues to retest the recent highs, in order so that CNBC Pro can also declare victory on that front - and I have another blog in the works documenting how the racketeers have been working overtime to pump energy - BUT ALSO, so that the powers that be, can continue to load up on energy PUTS, ahead of the big dump. 

When is the big dump?  

Short term, energy continues to trend higher, in what I believe is an ending diagonal triangle, and that can continue to play out today. But if this is correct, that means we're nearing the end of the road for energy stocks. 

$IYE Energy - 5 min. chart view - 




This should look like capitulation for the retail energy shorts, so maybe it goes even higher, and Bloomberg is already reporting that Oil can go to $100... . 

See how the powers that be use the financial MSM to accomplish their objectives? 


As far as the rest of the market: 

It seem as though a fed pivot is already being priced in, so we could see a sell the news even on Wednesdays FOMC announcement. The fed at this point may even call the market's bluff, and talk hawkish. 

How bad could that be for the market? 

That crash I was talking about last week is still firmly on the table!  

Without giving away anymore free targets I can show you what that might look like on the $SPLV chart. 

$SPLV - Low volatility $SPX - looks like the worst case would be a powerful wave C, of Primary wave C, and that certainly would qualify as a crash.  Could give back all the gains of Oct., in only 2. or 3 days. 


The fed meeting starts today. Maybe we see a relief rally, on the news, squeeze out the remaining retail short sellers, but we also have Thanksgiving coming, and I would expect to see some profit taking ahead of the long holiday. 

Should be an exciting month! 


Take Care, AA    



 

Wednesday, October 5, 2022

Comparing Today's Market To The Market Crashes of '08, & 2000

 Comparing Today's Market To The Crash of '08 & '00 

It seems like all I do lately is dispel rumors, and disinformation, so why should today be any different..?  

Just yesterday I was saying: One of my Top 5 Trading Tips is: Cutting through the BS: We are truly living in the age of deception, and it's not easy to remove yourself from that, when you're constantly being bombarded by fake news, and social media.

On Twitter 


On YouTube

I've even seen Glen Beck, try to make this ridiculous comparison, and I've cued up the youtube video below, so you can view it. 

  


I traded the '08 crash, and I've spent countless hours studying every aspect of it, and so I knew there was no comparison, before I even started comparing charts, but seeing is believing... 

The Timelines don't match 

First I attempted to overlay the 2 charts, but I didn't have much luck lining things up, and that's because the timelines don't match. I've mentioned this several times over the years, on Twitter, and on this blog; the crash of '08, actually started in '07, but the selling didn't accelerate until '08. That's a 2 year time period, and we're only 9 months into this selloff.  

$SPX overlay - 2008 crash in red. Current market in Blue. 

Market (in red) peaks out in October, of 07, whereas today's $SPX (in blue) peaked out around the end of 2021.  The following declines seem to match up pretty well - as far as the timeline for the first year - which I find rather interesting!  




We even see a retest of the lows in March, of 08, and Oct. 2022, respectively. That's funny because I've seen plenty of technicians, including even CNBC's. "Chart Master" (sense the sarcasm), Carter Worth, say, they don't believe in the double bottom target, when that's exactly what we saw in '08! 

 But Wait There's More! 

Although I wasn't actively trading in 2000, we see the exact same thing on the NASDAQ chart - a retest of the lows, or, as I like to call it, "the shakeout before the breakout"!  

$COMPQ - retest of the lows, at the 3227 level, followed by a tremendous summer rally, back above trend! Of course the selloff of 2000 was rather abrupt, and that's why everyone calls it the crash of 2000, but the market always bounces back pretty hard, after the first leg down, because everyone is still bullish, and so they buy it like they're buying the dip, as usual. It's not until the 3rd leg down that 90% of investors are wiped out!  


What this all likely means for today's market, is that even if we are in a bear market - which can't even be confirmed - we're just getting started, and way overdue for a massive rally.   

I'm really surprised at just how bearish everyone seems to be today, but I think we're living in a different time, with so much disinformation, and media saturation.   

There are also plenty of sharks in the water, so don't believe every chart you see on social media, or TV.

Take Care, AA  

Thursday, September 29, 2022

The US Military Denies Any Involvement in the Bombing of Nord Stream II

 Picking up from yesterday:

US military says it was 'absolutely not involved' in Nord Stream pipeline leaks washintonexaminer

1st off, this pipe line doesn't just all of a sudden spring a "leak", and I'm sure the MIC (Military Industrial Complex) knows exactly who sabotaged this important piece of Russian infrastructure, BUT let's assume the above statement is technically correct. 

I suspect the US Military didn't have any direct involvement in 9/11, either, but there are probably a dozen - or so - other US agencies that could pull this type of false flag, with the help of Israel, or France, or whoever...?

I still suspect this was a pro-Nato Operation, and we have Joe Biden on tape telling us Nord Stream would "end", if Russia invaded Ukraine. At least we have some reporting on the ecological impact of yet another methane plume/ release.  

I'm a conservative, so I don't believe we should be butting our nose into every other part of the world, in a power grab for natural resources, but this is the world we live in, and trade in.    

Wednesday, September 28, 2022

Market Update 9/28/11 - Not Surprise By The "Sabotage" Of Nord Stream 2 - #FalseFlag

"Sabotage" is how the Nord Stream 2, story continues to be reported by the industrial media complex, but I'm going to offer you some indisputable proof, that yesterday's "sabotage", was indeed a false flag, and while I'm on the subject, did you know that building 7 wasn't even hit by an airliner on 9/11. 20 years late, most people still don't know that, because the truth scares them, and building 7 was intentionally left out of the official investigation...!  

A Structural Reevaluation of the Collapse of World Trade Center 7 - UAF Institute of Northern Engineering - University of Alaska Fairbanks 

As you probably know - if you've been following this blog for any length of time - I predicted a false flag earlier in the month. See the last few paragraphs of:  Market Update 9/15/22 - This Market Is In Trouble?

I'm not surprised by the Military Industrial Complex's bombing of Nord Stream 2; I'm only surprised it took so long! 

The motive for this false flag 

The real motive is for energy resources, which seems to be a common theme for most, US invasions, but this one also helps the Democrats in Nov. See the bots on twitter trending #BidenDeliversAGAIN

Feb, 7th - 

Biden Vows to "Bring and End" to Nord Stream 2 nbc 

Nord Stream 2 turning into Biden’s No. 1 problem Politico


Problem Solved! 

U.S. Blew Up Russian Gas Pipelines Nord Stream 1 & 2, Says Former Polish Defense Minister forbes 

Additional Proof is the excessive PUT buying we've seen, ahead of this false flag, and that shows that the big banks, and the money printers, were in on it! 


The selling in US equities has been pretty orderly, but I still think were close to capitulation. I could say a lot more this, but I'm running short on time. 

I think this orderly selling rules out a wave E, and wave 3 has most certainly been ruled out, so my forecast hasn't changed.    

One more thing! 

I've been writing on this blog for over 10 years, and I was looking back as some old posts from 2010, and deleting most of them, but I found this one - dated Sat, July 26th, 2010 Re: Market Manipulation - where I documented the anomalies I was seeing in the market at that time, and I was reminded of this yesterday, when I was talking about the who is selling the DOW, and then later in the day, I noticed that the Wilshire 5000 was actually up, yesterday! 

Wilshire 5000 - Up 7% yesterday! How about that for an anomaly!?   



I could tell you what I think this means, but I'm out of time.

Watch for a sharp reversal today, at the $VIX target I pointed to yesterday. I can't guarantee we'll see that target taken out, but still looking for a reversal here, and I always find it, one way or another!  




DONE! 

AA 


Monday, July 25, 2022

Booted Off Twitter Again

Booted Off Twitter Again 

I was booted off Twitter - again - after Friday's close, because I don't go along with every false narrative that's being pushed by the deep state, including the idea that everyone in God's creation should be given an experimental vaccine, to protect then from catching a virus that has a very small chance of killing otherwise healthy people. 

There is not only plenty of evidence that the vaccine isn't effective, but there is new evidence that the vaccine has done more harm than good! 

“More Harm Than Good:” Viral Canadian Covid Care Alliance Document Gives Disturbing Data on Pfizer Vaccines, Describes “Level 1 Harm”, Misrepresented Efficacy [VIDEO] newsrescue.com

Speaking of Pfizer, their stock has soared thanks to the pandemic, as has the Biotech sector, and the same people who promoted the funding into covid research, testing, and vaccines, may have benefited financially, but that's a topic for another day. 

$PFE - Pfizer stock soared with the pandemic, but now we see it consolidating, even as the WHO announces yet another global emergency - Monkey Pox (insert eye roll here)   


I think part of the reason I got booted off twitter, is because the corporate fascists are working hard to keep the false narrative alive, after (vaccinated and boosted) Joe Biden fell ill, after his recent super-spreader event in the middle east.  The internet has been scrubbed clean of Joe biden sick in Israel, but I managed to find 1 link. 


What is becoming more and more apparent is that those who have been vaccinate are coming down with covid, while those who have not been vaccinate, are not, and there's a good reason for that, and it was Joe Biden's recent trip to the middle east, which really highlighted this point. 



What I learned on Friday, is that any information that contradicts the CDC, or any other government agency,  will not be tolerated on twitter! Believe what the CDC says, and shut up! Never mind the fact that this isn't the first time the federal government has experimented on it's own citizenry in the past. 

The most obvious cases of this that come to mind are: 

1.  Nuclear testing performed on US soldiers (forbes), and the same government who performed these tests claims that no harm was done...? Not sure I believe that.  

2.  Biological testing done on human populations   

How the U.S. Government Tested Biological Warfare on America (priceonomics.com)


Not to mention the toxic heavy metals being used in climate engineering programs.  

The Dimming, Full Length Climate Engineering Documentary geoengineeringwatch.org

And is it any wonder that website has been removed from the top results in google search?  

What's confusing to me, is that none of this vaccine pushing nonsense is even part of Twitter public policy, and not stated in their rules, and guidelines, but the fascists (the employees) at Twitter always march in lockstep with the brownshirts, and that makes Tony Allyn a target. 

If you think that sounds like a conspiracy theory, just look at how they silence everyone else they don't like: 

ALEX JONES SILENCED 

DONALD TRUMP SILENCED 

ROGER STONE SILENCED 

and countless others 

Not only am I regularly booted off the twitter platform, but I'm also shadow-banned, meaning the number of followers, is artificially controlled, and my tweets are suppressed, and I'm sure the same thing happens across the internet. 

While we're on the subject of Twitter, looking at the stock chart, I knew months ago the Elon Musk deal wouldn't go through, and now that they are suing him, for trying to back out of the deal, every shitlib in the media goes on the offensive, and the WSJ (which used to be a well respected publication) reports over the weekend, that Elon Musk may have had an affair? That doesn't sound like business news to me, but more like a smear campaign, after the Elon Musk deal is cancelled. 

Of course I saw this coming, as did many on Wall Street, and I even Tweeted  out - that the deal was dead - on the very day the deal was cancelled 

What do I mean by "Twitter is a sham company"? It's a tool, being used to control people, just as facebook, and google is... 

The Rise of Corporate-State Tyranny MAY 17, 2021

Look at the number of bots that are used to push whatever the false narrative - of the day - happens to be, whether it's BLM & George Floyd, to the latest mass murder (whenever it's committed with a gun), being used to try to take law-abiding peoples guns away. Look, once they take your guns away you'll be powerless... and that's the whole point of glorifying all these so called "mass shootings".  

I expect to be booted off the internet and permanently cancelled at some point, so being temporarily banned from Twitter is only a minor annoyance, and although I technically had to admit I was at fault in order to get my account back, I look at that as a little white lie.  

Joe Biden lied about the effectiveness of the covid vaccine and you don't see calls to banish him from twitter. Where are the "fact checkers", on this?  

Sooner or later the truth always comes out, and Twitter, and the rest of the tech tyranny, can't ban all of us.  

Thanks for reading, AA 


Tuesday, June 21, 2022

Market Update 6/21/22 - What Is #FinTwit? Exposing The Scam Of The Century

In case you missed it: 

Yesterday, I wrapped up Part 3 in our series on capitulation. 2. Confirmed our target on Bitcoin. 3. Began to expose the FinTwit community for what it truly is, a network packed with scammers, bots, and sharks. Elon Musk Knows this, and we'll be getting into that subject in a subsequent blog.     

Today, I'm going to begin by offering up some pretty convincing evidence, that Twitter is a scam network, and because I have so much material to work with, this new series could go on for some time. 

Last week, we saw stocks washout below key support, yet stocks remained pinned in the bottom of the range, on June OPEX, ahead of yet another (trading) holiday weekend. Markets were closed on Monday, so we could all be forced to observe what could be called, "white guilt day" - otherwise known as "Juneteenth". It's not enough we have to solute the rainbow flag all month, but now this?!  

Of course this is just another attempt to try to equate ones race, with someone's sexual orientation (a term you don't hear anymore, because it doesn't fit the official narrative), in order to call ones sexuality "a civil rights issue", but this is nothing more than Orwellian style, brainwashing, for the masses. 

Why not just cancel Columbus Day, and Christmas while you're at it, and we'll substitute 2 more woke holidays, just to satisfy 2% of the populations beliefs, and pander to so called minority voters, who actually should be offended by such pandering.   

I have no problem with black people, or gay people, but these pushy liberals, who get a sick thrill out of playing politics with peoples lives, and livelihood (freedom), can go straight to hell, but I digress!  

What really ticks me off, is that with all the technology we have at our finger tips it's hard to find a good calendar app! Yahoo financial calendar doesn't even mention "Junteenth"!  I mean, I knew the date was coming up, but I did not know that Biden actually signed it into law, and that Wall Street participants will from this day forward, be forced to genuflect at the alter of political correctness!

 It's not even a gd holiday in most states, and even after I found out that the market would be close, I could find little to no information about how this would affect me locally. "Would the garbage be collected as usual on Monday, or would I have to wait until Tuesday, to put the cans out", I wondered.   

Here's the real reason I'm upset over this Junteenth holiday 

 I actually use the calendar to help me time the market; I specifically look for long holiday weekends, because so often, this is where we find market turning points, and especially when OPEX dates coincide with a 3 day (market holidays), so this fake holiday weekend caught me a little off guard. 

Anyhow, better late than never, and the bullish reversal seems to be confirmed, right on schedule! 1 day after another rigged Options Expiration! How many in a row, is that now? 

What Is #FinTwit?  Exposing The Scam Of The Century  

My initial take on the fintwit community was that it was full of useful idiots, who can only be used as contrarian indicators, but I'm starting to believe that very few of these twitter accounts are real. They're bots (fake accounts) propagating false information, in order to suck in a few gullible retail investors.

Of course there are a few real investors who get caught up in the hype. These people call themselves "apes"   The phrase “apes together strong” originally comes from the movie “Rise of the Planet Apes,” but has since become popular stock trading slang? I got this information, from a not so credible source, so I'm not going to give any credit....  This phrase apparently started on Reddit financial boards, yet I could find no evidence to support that assertion. I wasn't even able to find a trading community on Reddit, the last time I looked. 

I can't help think back to the final FAANG (Tech), and meme stocks pump last year, not to mention, Crypto, Gold, and most recently Energy and Oil. Pump and dump markets have become the new norm, but this is nothing new, as I'll explain....   

 Of course it's easy to employ an army of bots to trend whatever you like on the internet, and we know trends often go to the highest bidder. Who's to say the hedgefunds aren't paying Twitter to trend certain financials topics, in order to create a new generation of suckers?   

This type of swindling of investors has been going on, since before the internet even existed. See the movie Boiler Room! This film depicts a shady brokerage house, who sells bogus stocks to unsuspecting investors. Who do you think buys all those worthless IPOs..? 

 In the early days of the internet, all we had was yahoo financial boards, and it would infuriated me to see investors constantly bamboozled, and today history repeats itself with a whole new generation of "investors", who follow like lemmings off the cliff.   

$AMC - "320 tweets in the past hour" 

Gains today -.88% on an otherwise big risk on day 

Sharks In The Water    

If you're a regular on Twitter, as I am, then I'm sure you've seen the continued interest in meme stock $AMC....  Is this really what people are interested in trading, and is there any proof that any of these so called "meme stocks", originated on Reddit boards. I have found little real interest by real traders, in this name, yet $AMC continues to trend.   

The vast majority of traders I see on Twitter, seem to have no interest in trades that are working, while the most ridiculous charts I've ever seen, including the one below, continue to get 200 likes?! Are we supposed to believe that this is what the majority of investors are really interested in? I don't buy it! 

Sharks In The Water 

 If you follow my twitter feed closely, then you probably saw me call out these scammers, first thing Friday morning: 

1. Firstly the comparison trying to be made between 2008, and today, are not even remotely relevant! 

2. Only to the untrained eye, does the 2007-08 crash begin with a triangle pattern. 

And don't just believe what I'm saying; explore this thread, and compare these chart patterns for yourself, and make up your own mind!  

But wait there's more! 

Crypto Crash  continues to trend on twitter, and "always proud Bloomberg News", even continued to try to talk it down over the weekend; as they were seen reporting that Bitcoin was "having trouble, holding $20k". I'm not sure what having trouble means, but why not report that the DOW is having trouble holding 30k? Remember in the last update I documented that former Secretary of State Hillary Clinton compared Bitcoin investors to terrorists?  

Yeah, well, and here she is spewing her propaganda on none other than Bloomberg. 


I have plenty more to share in the next update, so be sure to subscribe to this channel. 

Take Care, AA 



Friday, June 17, 2022

Market Market Update 6/17/2022 - Looking at Capitulation in Bitcoin

This update is going to be brief, and this series on Capitulation is going to have to continue at a later date. 

BitCoin continues to plummet, and like I said in yesterday's update, I'd like to confirm the reversal before calling the bottom.  

Since the global markets seem to be following bitcoin - which is in itself is a little scary, and #Bitcoin along with #CoinBase continues to trend on twitter, I want to remain focused on this market. 

$GBTC - this the most reliable way of charting bitcoin, that I have found. The target is easy to remember 12.22. 


Could see a washout below my blue line, but I would still be a buyer there. Use stops, don't take unlimited losses. Have a plan! 

 I also updated the NASDAQ chart - located in the public charts area - and added some annotations so you can see what's really going on there. This just looks like another washout, heading into OPEX, and another long weekend, as I tweeted out earlier. 


 


I'm out of time. 

GL, AA 



GL, AA 

Friday, May 13, 2022

Market Update 5/13/2022 5:55 AM - Now It's Time For the Annual "Dash for Trash"!

The Dash for Trash! 

Well, it's been over a week, since my last blog, and the bears has been unsuccessful in their attempts to cause much panic selling, except in a few already beaten up sectors like tech, and Crypto, which I feel we need to include as a sector, since it seems like when crypto sells off, so does tech. And let's not forget about China, which I predicted would take several weeks to pull back, after the run we saw earlier in the year. 

Here's that call:

Of course, the lame stream media tries to make this sell-off sound exciting, and confuse the masses, by using certain buzz words.... and even by having guests on to try to explain away the $VIX  - out #1 market indicator - but at the end of the day we've only seen a few 300 point moves on the DOW, and even though the Dow was down 500 points - at one point - during yesterday's trade, it managed to end the day down only 100 points. This is important, because this early spring shakeout was only intended to shake out the meme traders, and tech junkies

The DOW chart - for comparison purposes - Keep in mind a 3% move on the dow is about a 1000 points, and here we are still trading above the 30,000 level! 


We did see Energy pull back, which no doubt spooked some investors, but again, this is a small sector


Getting The Main Event The Dash for Trash! 

The dash for trash is an event which takes place on Wall Street every spring - for as long as I can remember. You wouldn't think the market could be so predictable, but you typically see retail investors shaken out of their favorite stocks, in the beginning of the year, before the sharks go on a bottom of the barrel feeding frenzy. Even the so called covid crash - which really had very little to do with covid - was sold in march, and bought in April (30 days later). Same thing in 2021. Why should this time be different? 

We've already seen massive gains in a few names, like $COOK, and Carvana, and $RIDE, to name a few! 

In short until the market can sell off in a bearish channel, and extend losses for more than a month, then I'm going to continue picking bottoms. 

It's not like they (the controllers) have a choice but to continue throwing endless amounts of cash at this (ponzi) market, as they did when the market crashed in 2020, because they know, they're only 1 negative feedback loop way from the next Great Depression. 

As long as investors believe the fed has "tools", which can prevent a financial dooms day, then free money is going to be put to work. Hyperventilating over Russia, Inflation, or even quantitative tightening isn't going to change that. 

Of course a financial day of reckoning is coming, and in our lifetimes. This bull market is nearly 100 years old, and it has already traded into a massive liquidity bubble, and even Warren Buffett calls the directives market a financial "time bomb". 

BUFFETT: This is the 'time bomb' in the markets businessinsider.com

 I can't say for certain that the global collapse in equities hasn't already begun, but since Wall Street is picking up the trash, as they do every spring, I think not.

If you'd like access to the best charts on the internet, and all of my $VIX charts, and sentiment indicators, then you should join us on our private twitter feed at @3XTradersLive

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I have a lot of charting to get caught up on, so I gotta run. 

Hope to see you there, AA 





Friday, April 15, 2022

Weekly Wrap-up - 4/15/22 - Good Friday, after another manipulated Option Expiration

 Yesterday was a Thursday Options Expiration, leading into a holiday, so it was a pretty sure thing that Energy would continue to hold up, and that included Oil. I caught a nice 16% rally in the $UCO ProShares Ultra Bloomberg Leveraged Crude Oil Bull, and alerted to that trade just before Thursday's close. 



Again it was an easy prediction to make, considering that Every Options Expiration date is rigged, and especially when you're trading into a holiday. 

So, the trend continued into the end of the week, as expected: 

Stocks remained pinned in a range, and Energy remains pinned at recent highs. 

$USD ended the session slightly higher 


NatGas continues to hold up, and could even go higher, considering most traders are on vacation, but that also means that if Natural Gas crashes, there is going to be the lack of an underlying bid, meaning if you place a market order, rather than a limit order, you could end up selling at a huge discount to the asking price. Even Thurdsay, I found the bid ask on the $UCO, like 50 cents apart, and took 10 minutes or so to get my asking price. In a market crash, you don't have the same luxury....   

$NatGas - keeping close eye on this over the next few weeks. Looks like an emotional wave E throw-over. E of primary wave (B).   


A Wave B triangle is a counter-trend rally, and a wave E usually ends in a violent reversal, so that should be easy to confirm. 

NatGas: I have several alternate wave counts including a powerful wave C, which probably makes even more sense than wave E, because the count is easily divided into 5 waves

 


$NATGAS - I have over 20 NatGas charts working, so I have 100% confidence I will find the reversal, just as I did in BRENT crude.  

BRENT Crude Oil - now trading in a predictable suckers rally. It can go hire, but hit resistance on some short term charts, on Friday. It needs to consolidate...    



NatGas - Looking at the short term trend, it's obviously already overshot the top of the channel, just as Oil recently did, and we all know how that ended. 


So Energy continues to hold up, but if equities are going to rally into the summer, then I believe the smart money will be taking profits in commodities, very shortly. 

Another thing that continues to hold up is Canada, which despite the recent interest rate hike - something that was totally ignored by the lame stream media - Canadian Stocks continue to trade at all time highs. 

Reminder: If you're trading materials or commodities, or anything in that realm, you should also be watching the $TSX  

$TSX Canada 10 min. view 


Canada is doomed - The fed has already given the crooked banks plenty of advanced warning, so that they can plan the take-down of global markets, just as they did the covid crash - weeks/months in advance. They knew markets were going to correct regardless... as well as I did.   





The commodities based materials sector

In case you missed this suggestion in my Twitter feed last week  

Another economy that's closely tied to commodities and specifically mining 

Australia! Massive broadening top, as the power structure, with the help of the fed, has in desperation, has managed to keep the bubble inflated a little longer. 14 years later markets are in far worse shape... but no doubt they have stalled long enough to help them prepare for a collapse, and an authoritarian state. We saw some of those drills run during the covid lock downs.    


The Catalyst 

I'm mentioned climate collapse as a likely catalyst for what happens next, and Australia's climate is already at the tipping point.   

Now imagine a scenario where mining continues at full speed, while the rest of the economy grinds to a halt. That's entirely possible with the imminent collapse of the Ozone layer. 

Imminent Ozone Layer Collapse, A Dire Warning From A Former NASA Contract Engineer geoengineeringwatch.org 






Why You Don’t Hear About the Hole in the Ozone Layer Anymore




wish I had better news on this good Friday, but it looks like the covid lock-downs were just a dress rehearsal for the coming climate disaster, and I'm anticipating deflation, not inflation.  

I would still expect one last hurrah from US markets. Once tech finds a bottom, and traders return from vacation, money must be put to work.    

Have a great weekend, AA 


Tuesday, April 12, 2022

Market Update 4/12/22 - Technical Tuesday 666 Natural Gas - dog-whistle - Bloomberg, and a Bullish Trade recommendation!

 Yesterday's pullback - on a Monday - came as a little bit of a surprise, but I was happy I left some short positions on over the weekend! Today, I start getting more bullish, and I'll let you know exactly where... further down the page.    


 There's nothing technical about yesterday's 6.66 target on Natural Gas, and I can't to think back to the bottom I called on the 08 crash, at 666 on the $SPX. I had no idea at the time, but I had some hedge funds watching me, and they piled in when that number finally came in. 



So, I'm watching Bloomberg around lunch time, yesterday, and they cut to the live Nat Gas chart, just as it hits the 6.66 target, and then they quickly cut away, and I could hardly believe what I was seeing. Well actually, I wasn't that surprised....  because, we know who is working behind the scenes, and who is "the prince, and the power, of the air", and I'm not talking about Jesus! See Ephesians 2:2 for more on that study. 

That 6.66 level became support after yesterday's market close, and now we see it hovering just above that number. 

NatGas target met: This is an image I saved from my Webull app. 6.66 precisely! 


Funny when I tweet that I'm going to cover my NatGas short, I get more likes than when when I call for 89 cent Natural Gas; says a lot about who the real contrarian is! 

NatGas still looks like it's trading in a broadening bottom of sorts, and the catalyst is real, or perceived climate collapse, which seems to be just around the corner.   


Also looking for a crash in Gold miners: 

Found this Elliott Wave Pattern on the Jr Miners chart just yesterday. I never really expected this index to reveal anything, or I would've found it sooner.... 

BitCoin is also collapsing in a heap, and that makes sense, since the gold bugs and the bitcoin people, seem to be in competition with each other. 

 Bitcoin taken down below the 50 day ma 

And if all that isn't enough to digest, I think I found a great trade!  

I haven't even charted it, but I recognized the pattern as an inverted H&S pattern, looking at my Webull app. And Notice how I'm not even promoting Webull here, even though I could potentially get free stocks...? I don't like adds on my blog, and don't need free stocks! If you appreciate that, then please make a donation to this website.  

3. Charting in Real Time: 

2. Drum roll please!

1. Boom!  

Forget you ever heard about the rigged $SPX index! This looks like it could be the next reddit trade! 

 $TMFX - Adding this chart to the public charts area. Resistance at the 50 day ma, around 17.20. 2. Next resistance around 19.20, but I'm looking for an easy double, for sure.



I like this fund because a million fools are about to pile into it, and that's why I'm calling it a "Reddit Trade". The fundamentals and holdings don't concern me, although I do encourage you to do your own homework.  

That pretty much does it for today, and have a happy holiday if I don't see you again before the weekend. I'm thinking about taking some time off, myself! 

Good Luck, AA