The Global Elites Meet in Davos

 It's that time again; when the Global Elites, and the money printers, meet in Davos.   

WHAT IS ON THE AGENDA?

This year’s theme, ‘Cooperation in a Fragmented World,’ is a nod to the tectonic shift in global markets and political relationships that has occurred since the pandemic.

The annual event was once regarded as a cheerleader for globalization. Now, the global elite will meet against a backdrop of protectionism, a war that has strained political alliances and deepening ideological divides.

Rising interest rates and a cost of living crisis also threaten to divert attention to matters back home for some.

Climate change topped the WEF‘s survey of global risk and energy company executives will mix with climate activists and environment ministers at the forum. source: 

Other themes will include the cost of living, a tight labour market, natural disasters and extreme weather events, how to prevent a global recession in 2023, the resurgence of COVID infections in many countries, an energy crunch and the looming first anniversary of Russia’s war in Ukraine. euronews.com

I suspect the Globalist will also be worshiping false gods, and practicing Animal sacrifice, but that's all just conspiracy.   

Bohemian Grove

Social Cohesion & the Bohemian Grove

The Power Elite at Summer Camp whorulesamerica.edu

Also in the News 

Bloomberg finally reported yesterday, that China has been driving the Eurozone trade... something I've been reporting on for several weeks, and went into great detail on, just last Wed. See: 

Fastest Rally, and Biggest Percentage Gain, In History

Still Getting Caught Up 

I took a little road trip last week, and still trying to get caught up...  I haven't even had time to check the $VIX, or the $SPX, but looking at the $VIX... it was obviously slammed below 20, ahead of this shortened trading week, ahead of Jan. OPEX, so that's the number to watch.  The 4000 level on the $SPX is obviously a psychological target, and probably a number that could be sold, ahead of OPEX Friday.  

Possibly Starting a Membership Site  

It's become so easy for me to time the broader market, I'm thinking about abandoning this lousy blog, in order to revive the membership website. I used to have a membership site, but I was still pretty green, and the membership software turned out to be faulty, and the rest is history.   

If I do revive the pay site: 

1. Of course, I'm going to continue to trade individual sectors, and commodities, but I could create a multi-tiered membership, for folks, who would like to do the same.  

2. In the past I've found that I end up spreading myself too thin, trying to please everyone, but I'll just have to set some boundaries. 

3. I'll try to keep membership costs low. 

Trading rooms cost between $99 - $299, but I think it's better to start out slow, and charge less. 

I figure I better try the membership thing again, or I may end up regretting NOT doing it! 

Take Care, AA 

Market Update Monday, Jan. 9th , 2022 - Market Remains In A Holding Pattern

 Looking at the calendar 

Looks like the market is going to remain in a holding pattern, until the next Algorithmic Trading program, triggering, catalyst, which would be Thursday's CPI number, just ahead of Friday the 13th, and another Market Holiday - MLK Day, which just happens to be the week of Jan Options Expiration. The week after OPEX, we got the kickoff of the Chinese New Year, which is also significant, considering how Chinese Stocks have been driven to the moon - no pun intended. 

I think it may be too soon to try to predict what's going to happen on Thursday, but I'll be watching for a gap fill on the $VIX that was left behind back in early Nov., and if the $VIX continues to take out lower lows, the bears may find themselves trapped all the way into the Spring.   

Looking at the Fake News        

Morgan Stanley bear Michael Wilson predicts that the $SPX will recover to the 3900 level, or more accurately stated, he believes the $SPX should be sold there. 

Bear Market Will Get Worse, Invest For 2024 Says Astrologers Fund

 

Weingarten agrees with Michael Wilson of Morgan StanleyMS +1.9% that the S&P 500 Index will probably fall to 3,000. However, Wilson predicts the market will recover back to 3,900 by the fourth quarter next year. forbes.com 

  

Morgan Stanley (Michael Wilson) Warns US Stocks Risk 22% Slump 

gloomberg news bloomberg.com

So, pretty-much everyone of these technical analysts are going with the same (above) prediction, including the ones you constantly see paraded on CNBC.  

I, on the other-hand, am reserving any future bearish predictions, until I see a bearish trend reversal.

I'm also inclined to believe most these technical analysts who are being promoted by the financial lame stream media, haven't a clue; when I see them continue to beat a dead horse.

 I covered this in 2022, when they claimed the market would continue to correct to $SPX3000, on a low $VIX (below 30), and an I'll continue to call that a BS prediction, based only on wishful thinking.    

More Fake News

Today is a big fake news day, as 400 mostly peaceful protesters in Brazil are rounded up, and condemned by the globalist cabal. Every time you see US generals come on the lame stream media to throw around the term "democracy", you know they are actually selling tyranny. This looks like the same psyop the fascist's in the US pulled, when setting up the protesters on Jan. 6th, and the left calling the right "Nazis", while at the same time claiming to be ANTIFA (anti-fascist). Look, we all know who the real fascists, by who controls the narrative, while at the same time attempting to limit free speech!   

Biden condemns ‘assault on democracy’ in Brazil as Democrats compare riots to January 6  fox.news

Who's a fascist? For Biden, Dems, it sure beats talking about inflation, and crime... SILive.com

Brazil is the largest country in South America, so it's strategically important. 

Let's see what the charts say about what's going on in Brazil 

$BVSP - Brazil Bovespa - Pretty much look like it's trading in lockstep with the global markets, and the US. It's kind of consolidating sideways, in an unpredictable fashion, although longer term this looks more bearish to me than US markets. 

Also in the Engineered headlines is the Geoengineered west coast flood event, aka the latest bomb cyclone/ atmospheric river Story 

After engineering a west coast mega drought for over 10 years, I guess the weather makers decided it was finally time to fill the rivers and reservoirs. 

As usual Dane Wiginton offers the greatest insight into this event  

Cued up...  

And Finally This Fake Story 

 

Speaker Drama Raises New Fears on Debt Limit newyorktimes.com

 

Look, the MSM always raises "fears" about what could happen if the runaway spending doesn't continue, yet somehow they always manage to increase the debt limit. 

Expect runaway spending to continue 

Take Care, AA 

 

Market Wrap-up for 2022

Before I get to the yearly wrap-up, I can tell you that stocks are still poised to rally into 2023. Most traders are bearish on 2023, and most traders are wrong, most of the time. I have plenty to follow, concerning my outlook for 2023, but until then, trust the $VIX, which is poised to collapse. 

2023 banner - thumbnail image - linked to source @ dreamstime.com

Looking Back at 2022  

I don't usually write an end of the year wrap-up, but I have several important takeaways after trading 2022: 

1. My #1 takeaway is the simple seasonality of markets. From profit taking which finally began in Jan. 2022, to the summer doldrums, to the latest Santa Rally, markets trade like clockwork!    

2022 was chosen as a year to take profits, just as I suspected it would be, as trading in 2021 drew to a close; it became very apparent that the market was simply being held up, in order to defer taxes until the following year (2022).   

$IWF - you can see clearly on the Russell (Growth ETF) chart below. Looking back to 2020-2021; tech, and even small caps, were driven to the moon, and profit taking was delayed until 2022, simply for tax reasons.  

  

2. There's always a rigged bull market somewhere 

Tech was chosen to be a loser. Shorted. While Energy stocks were chosen as a winner. A hiding place, if you will... 

But there's another rigged market, and that's the options market, and that's why we see so many short squeeze Friday's.  

3.  Fake News

Another thing I learned in 2022, is that 90% of whatever is being reported on any given day, is fake news, which is used to benefit the money printers, the military industrial complex, the pharmaceutical industrial complex, the climate engineers, and the social engineers. 

Just look at how upset these people are after Elon Musk bought twitter, and raised the banner of free speech, and transparency. This is not only costing the klepocrats money, but it becomes harder to manipulate the masses, when you start monkeying with their social disinformation networks!

Like it, or not; I've come to accept that the Orwellian paradox, of bread and circus, is the new normal.   

Inflation Blamed on Russia 

The end of covid lock-downs, led to a labor shortage, surging wages, and higher commodities prices, but a corrupt administration, was able to blame a proxy war (between NATO and Russia), in Ukraine, for the entire thing! 

They even convinced reporters to not call a recession a recession, in order to help the current counterfeit (illegitimate) administration. Bread and Circus! 

Supply Chain Problems 

 Remember when the west coast ports were clogged with what turned out to be excess inventory?  

The Inflation Super Cycle Debunked 

Of course much of the inflation we've seen over the past year is due to the fed, and the federal government reckless spending, and printing money out of thin air, after they over-heated the economy, on the heals of a stolen election.

Much of that money went into stocks, but a lot of it went into speculation in commodities, and we all remember the false - super-cycle - narrative. 

From a News driven perspective; from covid, to China, to the continuing negative Trump stories, to the recession that wasn't called a recession, the main stream media is a propaganda network, not worthy of calling itself a News Network. In fact my biggest takeaway from 2022, is that not only is the stock market rigged, but the economy is fake, and without endless spending, and plenty of fake news to go along with it, the entire house of cards would surely collapse, and it's certainly, only a matter of time, before it does... 

4. The Fed is totally discredited 

The Fed is totally discredited, and exposed as an political organization. 

Fed insiders were also exposed for insider trading, further proving that we are living in a kleptocracy (wiki)   

Of course these stories were buried faster than Trump's taxes!  

5. I did notice something, from a technical perspective   

Moving averages, more than any other indicators determine where markets are going. Moving averages on every timeline, and even on funds where moving averages shouldn't work - for example leveraged ETF's  - it seems that algorithmic trading programs have been programmed to trade according to moving averages... and knowing this has helped keep me on the right side of the trade.  

From the 5 min. moving average being bought in a short squeeze (on a 15 min chart), to the 50 month moving average on Apple stock, moving averages hold more weight than ever. 

Some folks think the market it trading faster than it used to... but I believe the opposite it true, due to the fact that we see the price action repeatedly stall, at nearly every moving average. 

Of course there are times when the hedge funds purposely take out one moving average, or another, in order to trigger program selling, but that's the exception to the rule, and not too predictable. 

To Wrap Up 2022 

Overall it was a pretty good trading year, although it was awfully choppy, and the constant drum beat of fake news, complete with it's fake sound effects, and woke agenda, bordered on psychological torture, at times.  

If you spent the year trying to bottom pick tech stocks, or Oil, or Natural Gas, you were wiped out, and if you missed the short-covering rallies in Chinese stocks, and elsewhere, you missed out on some big gains.  

I'd have to say that 2022 was a year that separated the men, from the boys. It was a test, that probably most traders failed, but this should be used as a learning experience.  

I'm hoping that there will be less playing wack-a-mole - looking for a decent trade - in 2023, and less talk about what The Fed might, or might not, do, and I'm very much looking forward to it! 

Take Care, 

AA