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Friday, April 29, 2022

Market Update - weekly OPEX Friday - 4/29/22 - Taking a look at the 3X leveraged +FANG ETFs $FNGU & $FNGD

 Reminder: There's still a contest going on and all you have to do is identify the Elliott Wave pattern, in order to win 1 month free entry into our new private twitter timeline. All the charts you need to trade like a rock star, are already there waiting for you! 

Market Update

We're closing in on the end of the month.... but because today is weekly Options Expiration, and the controllers are hell bent on collecting on the Calls they sold, months ago; stocks will likely remain pinned in the low end of the range. 

Deutsche Bank is one of the crooked banks who is desperately trying to take the market lower, using bearish press releases. Many source like this one: Deutsche Bank just predicted ‘a major recession’ weeks after forecasting a ‘mild’ one - many sources April 27th  

Funny today Deutche Banks faces another investigation into their corrupt practices: 


Prosecutors search Deutsche Bank HQ in money laundering investigation April 29th, 2022 reuters.com  


Market Update 

Just before yesterday's close: I announced that the market had stalled out, and it promptly reversed, but this is all you get for free. 

Now, here's an example of what you get for a 1st month subscription to our private twitter feed, for a $49 donation to the website. 


@3XTradersLive
@3xtraderslive
Looking at a 15 minute chart. We just came up against resistance. I'm already starting to question whether or not this rally can continue.


I subsequently tweeted several more charts, as well as a $VIX update, and as it turns out, I've nailed it again - looking at futures deep in the red. 

On to the main point.... 

What is going on with the 3X Leveraged +FANG (FAANG) ETFs - $FNGD & $FNGU? 

Last night I saw $FNGU down 10%, after Amazon's terrible earnings miss, yet this morning it's back in the green. That's a huge overnight reversal, and an nasty surprise for inexperience traders who no doubt pilled into $FNGD last night! 

Here's the answer: 

You need to know what you're trading! +FANG - as they call it - only has 2 FAANG holdings, along with several Chinese stocks, and even Tesla, of all things! 

That's right $FNGD & $FNGU don't trade in relation to FAANG stocks! 

Before you trade any of the 3X funds, you really need to do your homework!  

And that's my trading tip for today. 

Have a great weekend, AA 



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Thursday, April 28, 2022

Market Update 4/28/22 - Looks Like We're Off To The Races - META Facebook - up 16% in pre-market

Seems like the market has had to retest the lows several times this week, without any help from me. See, I decided not to provide updates this week, and as a result, the market is having a difficult time finding a bottom, but as I've explained before, "Bottoming is a process", and unless, or until, they're finished taking - for example - biotech stocks down to a certain level, the rest of the market isn't going to rally. I mean, it is possible to have an isolated bear market (in biotech), but we've seen several sectors - including tech - sell off for some 5 months, and other sectors such a biotech, for more than a year! 

Speaking of tech stocks; after calling the bottom on Facebook (META), yesterday, in real time; this morning I'm seeing it up over 16% in pre-market. All you had to do, was pull the trigger! 

Scroll down to the second chart... 


Funny, not even 1 like on that tweet! lol Makes me think my twitter account is still being shadow banned. I should no doubt have well over 10k followers, after tweeting 140k times in 10 years, but my political views aren't the most popular, among the so called, "woke", left. A topic for another day. 

Sometimes it seems like I'm tweeting, and blogging in a vacuum, and when I do an internet search for "3xtraders.com", this website doesn't even make the top search results? I know some folks are having some difficulty viewing this site, and was reminded of this after running yesterday's contest... and someone mentioned they couldn't access this site. I'm also got getting zero 0 responses on that free contest. It's inexplicable!    

I'm going to have to do some more investigation into what exactly the problem is. 

I want to keep this update short, and to the point. 

Another point to make about yesterday's reversal in Facebook shares. Bloomberg helped shake the weak hands by reporting an erroneous (false) rumor. 

Facebook briefly drops 6% after Bloomberg "incorrectly" publishes disappointing forward guidance for revenue marketsinsider.com

I pointed out, in a recent blog update, April 8th - how the crooks in the financial fake news do this all the time, but white collar crime is no longer prosecuted, and Wall Street knows it. 

Free charts continue to be tweeted   

Yes, I'm still tweeting charts from @3XTraders. but if you want the best charts, and consistent reliable charts, and updates, you're going to have to join us at @3Xtraderslive. 

You can find details on how to join our private twitter feed, in yesterday's blog, or simply donate $49 for the first month, and then request entry....  

I know I said I was no longer going to tweet free charts from my public twitter account, but I may still throw some trades, targets, and charts out there, as I did yesterday.

I did reveal that my $SOX target had come in, and that tweet got 1 like. 

The China/Yen trade I called out a week ago. Crashing! 

If you are a serious trader, then you know where the best charts on the internet can be found. 

I'll continue to use the public twitter as a place to teach, and to warn anyone who will listen.., to the total collapse that is coming, in the not so distant future! 

  

To be honest, nobody knows exactly how long the fed can keep the game alive, but non military, government agencies, continue to amass a small arsenal, while trying to take your guns away! 



Take care, AA 


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Tuesday, April 26, 2022

Market Update 4/26/22 - + A Chance To Win FREE Entry INTO 3XTraders Private Twitter Feed!

 As I explained in Saturday's weekly wrap-up:  I set up a private twitter feed @3xtraderslive, so we can have some privacy, and to make it more difficult for the crooked hedge funds to target us. You can win free entry in today's Elliott Wave Pattern Identification Contest, located further down the page.

3XTraders private twitter @3xtraderslive, fist day was a complete success! 

It took several hours to set up, but once that was done, and all the charts were uploaded, and everything you needed to catch yesterday's - perfectly timed - 1000 point (DOW) rally - off the lows - was prepared ahead of yesterday's opening bell.  

Those of you who were following the charts I posted - to my regular twitter feed - last week, may have anticipated yesterday's rally, but what about the next big move? I told you on Sat., I don't want you to miss out on some of the best trading of the year! Don't waste another minute!    

Here I was on Twitter last week, pointing out the obvious to someone, who goes by the name @CyclesFan, but only has a limited understanding of market cycles, and apparently even less knowledge when it comes to finding technical support on a chart.   

 The only market "cycle" you needed to know yesterday, was that bullish traders, who are sitting on a pile of cash were going to return from vacation, and put money to work. 

The fact that futures were red Sunday night is meaningless.   

This is one of the things I hate about Twitter, many times the folks with the least amount of knowledge, get the largest following. I guess that explains why most traders are consistently wrong....  

I also believe in the adage that, "you get what you pay for", and this is what you should expect for free, lot's of inaccurate, or even downright deceptive information.  

What Happened to the Free Chart and Tweets?   

I used to think free was the way to go, because the most important thing is to get your name out there, and there may be some truth in that, but once you've honed a skill, that's in high demand, and people take notice, then it's time to get paid for all your hard work.   

My introductory offer to join 3XTraders private twitter is only $50... but today one lucky person is going to get in for FREE! 

Here's Your Chance To Win FREE Entry Into Our Private Twitter Feed! 

Elliott Wave Pattern Identification Contest   

Correctly Identify The Elliott Wave Pattern On The Chart Below. The Broader Market Has Been Trading In this For The Past Year! 

$NYSE - Be the fist person to identify this basic Elliott Wave pattern, and gain 1 month free entry into our private twitter feed valued at $99. 



 Elliott Wave Contest Rules: 

1. First person to respond with the correct answer wins 

2. Only one person can win

3. Response, must be given on this website, in the response section (below)  

4. Identify the chart Pattern in Elliott Wave Terminology 

5. Since Elliott Wave Pattern Identification is up to interpretation, there may be more than 1 correct answer, and I'll take that into consideration. 

6. Winner receives 1 month free entry into @3xtraderslive    

Pattern Identification is often up to interpretation, so I may accept an answer, other than the one I have in mind, but it must be identified as an Elliott Wave Pattern. If you know the basics of Elliott Wave Theory, then you should know the terminology.     

If you don't win free entry; It's only 50 bucks, for the 1st Month! Take advantage of this offer while it  lasts. You have nothing to lose; I'll even return your money, if you're not 100% satisfied 

I set the introductory rate for basic service, at 50 bucks - paypal donation - for the first month. This get's you all the charts I used to tweet free, plus many charts, I used to keep close to my chest.

Good Luck, AA 




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Saturday, April 23, 2022

Market Update 4/23/22 - Weekly Wrap-up - Plan B


We obviously saw a big move to the downside on Friday, in a bear raid, which started in Germany, with the German $DAX being taken down (precisely) below the 50 day moving average. They always start manipulating US futures overseas, and this time was no exception. 

We saw the same thing on the $NYSE, as the 50 day ma was taken out at the open - causing program selling to kick in. This was obviously coordinated, and this comes 1 day before Money managers return to put money to work, after the long Passover holiday.    

$SPX - Same thing - the 50 day ma taken out 

The $BKX broke below the 2008 high, and energy finally pulled back, as predicted... 

 Oh, and Canada even sold off, something I've been alerting to for several weeks now. 

Oh yeah, some markets are breaking down, and other look like they're poised to break! 


So, is this the end of the great (rigged) bull market? Hardly!  

At this point market sentiment is overwhelmingly bearish, which is actually a bullish indicator, and most the charts agree, and I have some exciting news for you! Plan B

Anyone who's been following me for any length of time, knows that I routinely refuse to reveal certain charts, because the hedge funds continue to target me, just as they target Jim Cramer, and his fans. Look at what they did to legendary short seller - turned bull - Bill Akman, by talking down NetFlix another 30%, and I could give countless other examples.... 

Why should I give the hedge funds free ammunition?  

Plan B 

I've created a private twitter account, @3xtraderslive, so we no longer have to worry about who's targeting us, as I eluded to in the regular 3XTraders twitter account on Saturday. 

Now I'm going to be able to reveal all the charts! Of course the hedge funds could pay to see these charts, but there are easier fish to fry, and these scum bags like to work in anonymity. Adding a single layer of protection, is usually all it takes, for the thieves to move on to an easier target. 

Getting back to the charts  

As I tweeted on Friday: 

 You'll not only get all the charts I normally tweet all day long, but you'll get what I often refer to as my "proprietary indicators", and $VIX charts you've never seen before. 

Eventually I plan to set up a website to to do automatic billing, but that's going to require a lot of paperwork. In the meantime you can use the paypal link in the side menu to sign up, and gain access to our private twitter feed.  

The limited time introductory offer is $50 per month, which will probably rise to $99. That comes to less than $5 per trading day, for daily market updates, and even some live charting. 

I'll also probably also add a gold member package for folks who require private messages, and sector specific charts for, commodities, currency trades, and foreign markets.  

Of course certain sector charts, may be included in the baseline membership, but generally I intend to give the broader markets forecast, and it will be up to you to find whatever sector, or sectors are leading. It's just impossible to be all things to all people, when one trader is determined to trade Oil, and another US Treasuries. I can only cover so many sectors at one time, and the higher - gold member - price will weed out those who are serious, and who aren't.... 

I'm seeing some golden opportunities coming, and some of the best trading we've seen in months, and the time to sign up it today, not when the summer doldrums roll around, and the $VIX is trading back in the teens. Get on board now, I don't want to you miss this opportunity! 

@3xtraderslive is all ready set up. Make a $50 donation to the paypal link located in the side menu, and then request entry into the new twitter account. Once your payment is confirmed, you'll be granted access to the best charts on the internet, and you decide you're not happy, I'll refund your money! This is not one of those scams you see on twitter, using the discord chat app. Stay away from those. 

Take Care, AA     


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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 


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Thursday, April 14, 2022

Market Update 4/14/22 - I see a sector rotation coming

I've remained pretty bullish into the April pullback, and I'll continue to make the case for a continuing rally 

Most investors say they are expecting a recession, but that kind of bearish sentiment is actually extremely bullish contrarian indicator. I saw the story reported on CNBC, and Steve Lies man (Liesman) must know this - week old - survey is a bullish, indicator, but they must be intent on keeping their viewers in the dark.  

Over 1,000 major investors believe a worldwide recession is just around the corner, definitive survey says fortune.com 


I linked to the fortune story, but all the fake financial news outlets are reading from the same script. 

As you get close to the end of the story, they conclude with: "But then it gets to the truly scary part. The survey says that uncertainty as a result of the war will combine with global inflation to create a new type of economic crisis". 

Now, I want you to think back to the financial crisis of '08, when Jim Cramer was going on the latenight shows, to drum up fear. "If you're going to need the money in the next 5 years, then you should sell" (at what turned out to be at or very close to the bottom).

And remember CNBC was talking about the financial system failing, when all the feds needed to do, to stop the selling, was to end market to market accounting, and hand the crooked banks, trillions of dollars in tax payer money.    


Here's a story you won't hear repeated by the lame stream media: 

 

Steve Bannon attributes his worldview to a simple stock-investing mistake his dad made after listening to Jim Cramer businessinsider.com 


Believe me, there's nothing, "scary" about investors believing every negative story they're spoon-fed, by the lying lame stream media. It's when investors are bullish, and everything looks rosy, and the market is making new highs, that you should start taking some profits, as the smart money did, at the beginning of the year.  

One thing Jim Cramer is right about, is the fact that the real inflation numbers are coming from the used car sector, not Russia. That's in part due to the chip shortage, and the inability to produce enough new cars, BUT it's also due to the fact that the entire used car market has been hijacked by corporations like Carvana, and Carmax, because consumers no longer have the skills required to buy from a private sellers. As Cirvana puts it: You can binge-watch your favorite show, and have your car delivered to you. What they don't tell you is what that kind of white clove service is going to cost you. Probably $1000's of dollars more than you would normally pay.  

Related story: 

Carvana, Wells Fargo among car loan share gainers autonews.com 

I'm not saying we aren't seeing real inflation, but we're also seeing a very strong dollar. It's when you see Treasury markets sell off, with the US dollar, that you should start worrying....  

Speaking of the US dollar: 

A short term top should be good for stocks. and the $EURO, and that is going to be bad news for Gold priced in $EUROs.   

To add even more weight to this theory: If you pull up the $EURO chart, you'll find that the most recent bottom in the EURO coincided with the top in commodities. That was well before the media saturation. 

This is especially relevant - even more so than metals - to the Energy bubble 

And as I pointed out to my LinkedIn following yesterday: 


 Believe what you're seeing on the chart, or believe what they report on CNBC; Commodities have already bounced back to a lower high. 



As far as equities go, like I said, I'm more bullish. 

$INDU - I prefer the DOW over tech stocks, or anything else that remains overbought  

1. The bearish view - the trend remains down, and resistance seen at the old 35.1 level. 


2. The bullish view - stocks continue to consolidate in a tight range, and the bullish channel is pointing at the next round number target 38k. 


If the current trend breaks then go with the flow, but suggest you don't fight the trend, and especially when media saturation on the "inflation" has reached record highs.   

Take Care, next week. Volume and volatility are going to drop off a cliff, and so you don't want too much exposure - especially on the short end.  Selling season isn't until May. 

AA 


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Wednesday, April 13, 2022

Market Update 4/13/2022 - Oil, Currency Trades, and a Penny Stock

 Seems like I keep harping on the same subject every day, but I think it's important to point out every time the (financial) fake news lies, and they're giving me a lot of material to work with! 

Seems like nearly everything I hear reported is a bold faced lie, so after yesterday's Subway attack in Brooklyn, I was left questioning, "is another false flag event, or just another wag the dog moment"? One thing is for sure, the media is more concerned with covering that subway shooting, than yesterday's lousy inflation numbers. This is to help the Fed, Joe Biden, and the anti-second amendment crowd, and the truth be damned. Oh, and by the way, the cameras just happened to be out of service that day.  Brooklyn subway station camera system had a 'malfunction' during the mass shooting that left over a dozen hurt, NYC mayor says insider.com

Have we ever seen an event like this called a, "mass shooting", without even 1 fatality..? 

2. They also continue to push the idea that Putin is somehow responsible for the recent spike in inflation, even though 90% of the population knows that's absolute hog wash! 

 "Biden (casually) accuses Putin of "Genocide", while casting blame for inflation". You can't make this stuff up, but here's a link to the story at the nypost.com     

a. It wasn't Vladimir Putin who printed all this money, and started sending it out to people to spend on reckless abandon.  It was our politicians, who encouraged the fed to"save the economy", knowing that Trump was about to be run out of the white house, on a rail. Breaking news: The election was rigged. Shocking, I know!   

b. As I recall it wasn't Putin calling the inflation numbers "transitory", and still the fed drags it's feet, doing a .25% hike, and then talking about how they're going to do more. They are full of talk! In fact the more they talk, the more I realize they are only trying to talk bond prices down, without actually doing anything, and it's worked marvelously!     

3. Just last week Abigail Doolittle - at Bloomberg - was seen talking down financials, calling the declines of the previous past 5 day's, the worst in history? 

Financials - Worst 5 day decline ever? Obviously NOT! 

4. Tom Keene - at Bloomberg - was recently seen talking up corn prices. Why? Because it directs attention away from the fed, and Joe Biden, and points the finger at Russian Grain (crops), as the cause of inflation. See the pattern here?  

Corn is not even trading at new all time highs, so why else would he be talk it up... rhetorical. 

As far as the rest of the rigged market (s) go:

We're seeing a little breakout on Oil this morning, after yesterday's bounce out off the 50 day moving average. 

Not 1 like, tells me that nobody caught yesterday's 5% move, and I don't blame you for not wanting to trade oil. It's far too dangerous for most traders to be chasing what looks like, "a suckers rally", in oil. 

Seeing a continuing breakout in Oil this morning  - looking at a 60 min. view of the $USO


Those who chose to trade the broader market yesterday, weren't so lucky, as the market gave back all of yesterday's gains. 

I see a bunch of currency trades coming, and Treasuries seem to be trying to form a base, but most people don't trade this stuff. 

$GBP - 

Also looks like China is about to manipulate it's currency, and can you blame them..? 


I caught a massive short squeeze in a pennystock, I mentioned a couple months ago, and the only reason I'm up in that is because I recently doubled down on it. Call it "luck", or intuition, combined with a bit of proper money management; I call it "winning". 

Take Care, AA   







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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 





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Monday, April 11, 2022

Market Update 4/11/22 - Another rigged Options Expiration, Another Dollar

 Market weakness continues 

Whoever was trying to jack market futures up, Sunday night, clearly isn't paying attention to the $VIX which remains elevated, and trading above 20. 

$VIX - being bought at the 10 day moving average. Looks like algorithmic program trading....      


As I tweeted out last week, there seems to be a lot of res. on the $VIX around the 26 area, and I'm still expecting the market to rally into April OPEX, which coincides with the long Passover holiday. 

I know I probably sound like a broken record at this point, but every Options Expiration Date is rigged. 

ENERGY

Weekly  OPEX Friday: we saw Energy retest the recent highs, why? Because it was another weekly Options Expiration... and since the market is being rigged by the crooked banks, and their hedge funds, they had another big payday, even as every other market traded relatively flat.  


Energy actually touched a slightly higher recent high on Friday, but the only folks making money on this trade, are the big fish, who began pumping this sector, back in 2021. The big money is made in the totally rigged Options market.

 Documentation    

Wall Street banks love these energy stocks — and two are on Goldman’s conviction buy list CNBC
  
Morgan Stanley: These 6 energy stocks all offer upside as ... - Feb 15th 
businessinsider 


7 Oil Stocks Morgan Stanley Loves USNEWS Dec.  2020 


Morgan Stanley sees buying opportunity in energy stocks
Nov. 30, 2021 Globandmail 


I find it interesting that the work "Love" is used to describe these energy stocks Morgan Stanley is recommending. 

My recommendation is to never fall in love with a stock, or a trade. Separate your emotions from the trade.  

The big picture on Energy is that it looks like another false breakout, just like the ones we've seen over the past 10 years. But what makes this rally different is the velocity. 

LT Energy - 

$XOP  10 year (weekly) view - The price action throws over the top of an upturned triangle pattern. Looks like bearish capitulation, as they continue to cover their shorts ahead of the holiday. This won't end well for the bulls, I think. 

 


$DJUSEN 20 year (monthly) view Snaps back to erase all the losses since 2018, in less than 2 years. Compare the velocity and timeline to the rallies of 2002, and 2008. 

 

    

I believe that the reason the powers that be have piled into commodities, and commodities based sectors such as materials, and energy, is because they know the broader market, and especially tech is in a massive unsustainable bubble, and money has to be invested somewhere. Gold miners, and Oil producers actually have value, in a post war world, unlike a million other stocks. 

Gap fills

This will probably be the topic of the next blog update, as that's what I'm seeing on several chart views.

 It's just really irritating that the idiots had to drive the market as far as they did, before deciding to back-fill some gaps. At least I didn't get squeezed out of my short positions, as I'm sure many traders did.... but I basically only broke even. The past several weeks have been a complete waste of time, and that's a bitter pill, after starting out the year so strong, and more patience is called for as we trade into another rigged holiday session.    

Whistling past the graveyard,  

AA  


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Friday, April 8, 2022

Market Update - 4/8/22 - Weekly Wrap-up - Natural Gas, Oil, Buy Signals

 Firstly - What exactly is Bloomberg trying to pull with their false reporting? 

Once again, I've caught Bloomberg in a lie. Yesterday, I distinctly heard them - falsely - report that Natural Gas is trading at a new 13 year high, and that can only be for one reason. I believe they are trying to engineer a short squeeze, just as you see CNBC do, every chance they get. I'm uncertain if they're trying to help Mr. Bloomberg, or someone else's trade... or are they just out to get the short sellers, but they must have some underlying agenda....   

But wait, there's more! 

Within the past 2 days I've also seen Bloomberg report that Oil is "plummeting", and you may recall that's exactly where oil reversed (to the upside) last time.... back in February I believe it was? 

Why is this important? Because when retail investors hear "new highs, or new lows", and terms like plummeting, or soaring, that triggers a fear response, and the controllers know this....  

Look, you have to think like a killer, not a scared snowflake, if you want to win at this game, and it is "a game", to those who own the networks, and come on the networks, and lie their asses off, or who use false news reports, and rumors, to their advantage. They want you're money in their bank account, and they will use all means possible to accomplish that goal.      

Buy Signals 

We saw several buy signals yesterday, and it looks like the market is going to hold up... as predicted. I even added some long positions, myself, because money has to be put to work (in the second Quarter), ahead of the long holiday, and as of yesterday, we haven't really seen that.  

Money managers are either going to invest (put money to work), or risk lose their jobs. 

I'm not going to tell you where I'm invested, but I'll give you a clue. I've mentioned the trade in my Twitter feed, and it's a sector, or "sectors", which continue to lag. Look back at the beginning of this rally; it was lead by Chinese, and Tech, and Chinese Tech, although even Europe, and other sectors basically exploded to the upside - but there are sectors that have not been adequately pumped, and once again Bloomberg couldn't wait to report that one of these sectors was still lagging at yesterday's closing bell! That's all the clues I can give you, but if you watch the market like a hawk, like I do, then it should be a no brainier. If not, then you'll miss the boat, and you can read all about it in a blog update, a couple weeks from now. 

And I'm not talking about yesterday's Buy Signal in Natural Gas 

Tweeted in Real Time!  


BOOM - the updated $UNG (NG) chart, up +5%  



That's how it's done! See how the technicals and the headline worked in tandem? That tells me it was engineered, by those who control the news cycle. There are no coincidences on Wall Street. 

Oil continues to hold above support, and I suspect the short sellers are about to get squeezed there.

I alerted to that trade in my twitter feed, yesterday, and double checked the charts this morning. 

$USO (US Oil) - Chart is self explanatory. 

 



Getting back - for a minute - to the psychological operations (psyops) being performed by the fake financial news. Remember when they couldn't wait to report how the Russian Ruble was "plummeting", and that's probably because every government insider from Nancy Pelosi, to Warren Buffet, to Government Sachs, was short... We'll, this is what happens when short sellers cover; the Ruble has recovered all of it's previous losses!    
Just because Soros can destroy countries through currency destruction, doesn't means any incompetent bureaucrat in Washington can do it! 

We really are a nation of idiots, being controlled by idiots. RIP America  

In a related story: 

Senate confirms Ketanji Brown Jackson to be first Black woman to sit on Supreme Court (CNN) 


In another related story: 

Black Lives Matter is just another racket nypost


Later, AA 

  


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