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. 

Chyna up 3%. $SPX about flat pic.twitter.com/M8A1xyGxn5

— Veteran Market Timer (@3Xtraders) December 8, 2022

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 

 

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 

See market futures no longer "soaring"? Looks like another manufactured #SHTF moment is just around the corner, just in time for the holidays. #ES1 $SPX

— Veteran Market Timer (@3Xtraders) November 23, 2022

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.